I've been trying to get on the site for a few days now to place a bid on an Apple TV, hope the auction isn't over now.  |
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True, but the question is once they have taken money for pre-orders is it in the manufacturers interst to not deliver the goods for an extended period while mining themselves?
If they have the facilities to host & run the ASIC's and staff to keep them running smoothly, then yes, up until people start cancelling their pre-orders because they've been waiting so long. I don't see any 20-40x increase in network difficulty (which is what I would expect to see once ASIC mining starts), so I don't think this is the case. |
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How can the manufacturer know the value of BTC the device will mine without knowing the future network difficulty and Bitcoin exchange rate?
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I've made a valid point: why should ASIC vendors sell ASIC's rather than mine with them?
Well, you may notice all the vendors are taking pre-orders. The reason they do this is to get capital for the cost of the design of the chips (approx. $250,000-$500,000). You may also notice that the Bitcoin network difficulty & exchange rate are both very volatile & that new mining technology comes out very often, so there is no guarantee that anyone buying these chips will pay off their investment (they are a very risky investment in fact). The reason most ASIC vendors sell their chips rather than self-mine, is because of a lack of capital & the fact that selling the ASIC's is a much safer business model than taking all the risks involved in mining. |
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This has happened many a time (mostly in the early days of Bitcoin). They'll keep on mining blocks & securing the network. There will always be atleast 1 transaction, as the miner adds a 25BTC transaction to himself for the block reward.
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It wouldnt matter IP's can only lead to cities at best.
Well, thats until the ISP gets a subpoena, then they lead to full name's & addresses. |
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ASICs don't make any sense, if they exist and are profitable, no one in their right mind would be selling them.
Of course ASICs do exist, there are literally thousands of ASIC manufacturers in the world. There are only a handful of Bitcoin ASIC manufactureres though, but Bitcoin ASICs are entirely possible & they would definitely be more efficient than GPU's. ASICminer are doing exactly what you're saying as well, they're planning on self-mining. Anyways, I'm not here to argue that, was just curious why they wouldn't accept BTC, especially when all of their competition do. |
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Yeah, I have a horrible track record of being able to spot scammers. I rarely get anything right  IMO, its still slander until they've actually scammed. Everyone's innocent until proven guilty. |
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I don't seem to be able to pay using BTC, the only option is a credit card (which I don't have nor want).
Is there any reason they don't accept BTC?
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What interest rate would you be willing to pay?
Do you have an account on Facebook? Would you be willing to verify you own that account with the lender as well?
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If you've been trying to get BTC for ages, then how do expect to get it in the next week to pay back this loan?
Have you done any trades with anyone here or on OTC?
Also, are you willing to send a copy of your ID to your lenders?
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i assume you want the no backplate no shroud one?
Yes, thats the one. |
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If you look at the history, this isn't the first time this happened nor is it the biggest single transaction.
Shh! Don't spoil the fun! |
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1. Lots of threads on bitcoin discussion are being moved to unrelated boards that no one reads
Even more threads are in the wrong section, I hate seeing for sale ads in trading discussion instead of the marketplace. 2. Having a newbie section is derogatory, people should be able to post where they like. Registering an account is inconvenient enough without having to satisfy some random admin.
It greatly cuts down on spam, scammers and especially trolls. Without that limit the forum would be FULL of somethingawful & 4chan trolls. Sure its inconvenient, but the requirements are soo low, 5 posts & 4 hrs, heck I was whitelisted after my first post by a mod. The benefits definitely out-weigh the inconvenience. |
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I'm now getting this when trying to open BC.info: IP temporarily blocked due to too many requests |
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Are all of your addresses showing up in the "Receive coins" tab?
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