Portnoy
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My money; Our Bitcoin.
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October 31, 2013, 04:31:01 PM |
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Actually, compared to having bought your first on Jun 16th like me (when Bitcoin was around $110) it's not a better deal. If you're pricing in dollars, which they are not. I paid 1 bitcoin for a Trezor, when if I had ordered today, I could have paid 1 bitcoin for 2 Trezors. I assumed being an early supporter would offer greater benefit than being a late supporter. I was wrong. I thought Stick and Slush would be different than BFL. I was wrong. I'm done pre-ordering anything related to bitcoin. Well if you and these other complainers aren't interested in supporting new tech like this and helping it get off the ground and helping the whole Bitcoin economy and community then you shouldn't be pre-ordering. It is ridiculous to see comparisons to BFL!
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xeroc
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October 31, 2013, 05:01:21 PM |
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If you're pricing in dollars, which they are not. I paid 1 bitcoin for a Trezor, when if I had ordered today, I could have paid 1 bitcoin for 2 Trezors. I assumed being an early supporter would offer greater benefit than being a late supporter. I was wrong. I thought Stick and Slush would be different than BFL. I was wrong. I'm done pre-ordering anything related to bitcoin.
I think so too, although the comparison to BFL is a little harsh. Even though I want to support the bitcoin community .. i dont think its a good idea to harm supporters .. and that is what they are doing by giving newcomers a better price (effectively half the price)!
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chrisrico
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October 31, 2013, 05:07:25 PM |
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I think so too, although the comparison to BFL is a little harsh.
Even though I want to support the bitcoin community .. i dont think its a good idea to harm supporters .. and that is what they are doing by giving newcomers a better price (effectively half the price)!
What I'm referring to is specifically the inability to get a product out on time, and then still pushing hard for more preorders. BFL did this with their ASIC announcement, their bare chip program, their Monarch program... It's sort of like how I'm now seeing TV advertisements for Healthcare.gov even though it is completely and hilariously non-functional.
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600watt
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October 31, 2013, 05:46:43 PM Last edit: November 01, 2013, 12:08:32 AM by 600watt |
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just relax everyone. they have a nice product. in order to make it safer, they need more time. on top of it, they need to sell. they come up with this nice little idea to push sales. instead of comparing them to bfl just be happy and order tomorrow, you end up with 3 trezors, two for you and one for... grandma ! edit: the way i wrote it it may sound sarcastic. it´s not meant that way. why only own one ? tomorrow today is a good opportunity to get them cheap.
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StarenseN
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October 31, 2013, 06:28:20 PM |
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Can't help but to feel a bit punished for ordering early. Same here... As I preordered a Steal Case for 3BTC .. a second one would be very nice ... any chance to get a free plastic one as I pre-ordered (and paid) the steal one?!?Same here, I pre-ordered to show some support, but I feel a bit pissed now. I'm also inclined to ask for a free plastic one as well.
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thatbluedude
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October 31, 2013, 11:39:01 PM |
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I too would be a little disappointed if early preorders get punished. Imagine if Amazon did this, nobody would preorder games for example as the early prices are rough estimates that almost always get corrected down along the way. I think they should offer old preorders a 2nd unit at cost at least, they will loose a lot of goodwill otherwise.
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molecular
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November 01, 2013, 12:10:23 PM |
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I too would be a little disappointed if early preorders get punished.
They most likely don't get punished if you compare in fiat terms. I just doubled down hard on my trezor investment. All my friends will be happy. Sadly not for christmas, though. Chill out guys, all will be good in the end.
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molecular
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November 01, 2013, 12:11:29 PM |
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I'm happy to offer insurance against non-delivery by ways of a bet (details would need to be worked out).
So if anyone's interested...
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PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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BRADLEYPLOOF
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November 01, 2013, 12:20:13 PM |
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For those of you complaining about paying 1 BTC for 1 Trezor 1 year ago, the price of bitcoin has doubled, so in effect, you'd be paying 1 BTC for 2 units now, which is THE SAME COST in fiat that you would have paid for a single unit 1 year ago. 1 BTC in 2012=$100=1 unit and 1BTC in 2013=$200=2 units...
Math...simple
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weaknesswaran
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November 01, 2013, 12:24:35 PM |
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For those of you complaining about paying 1 BTC for 1 Trezor 1 year ago, the price of bitcoin has doubled, so in effect, you'd be paying 1 BTC for 2 units now, which is THE SAME COST in fiat that you would have paid for a single unit 1 year ago. 1 BTC in 2012=$100=1 unit and 1BTC in 2013=$200=2 units...
Math...simple
... not
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BRADLEYPLOOF
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November 01, 2013, 12:29:58 PM |
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For those of you complaining about paying 1 BTC for 1 Trezor 1 year ago, the price of bitcoin has doubled, so in effect, you'd be paying 1 BTC for 2 units now, which is THE SAME COST in fiat that you would have paid for a single unit 1 year ago. 1 BTC in 2012=$100=1 unit and 1BTC in 2013=$200=2 units...
Math...simple
... not Okay, so then you got an even better deal. (1 BTC < $100 in 2012 for a Trezor) > (1 BTC >$200 in 2013 for 2 units) How do you think the 10,000 BTC pizza guy is feeling right now? Does he deserve free pizza for life for his entire family because he chose to spend BTC instead of fiat? Whaaaaaa :'-(
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weaknesswaran
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November 01, 2013, 12:44:51 PM |
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For those of you complaining about paying 1 BTC for 1 Trezor 1 year ago, the price of bitcoin has doubled, so in effect, you'd be paying 1 BTC for 2 units now, which is THE SAME COST in fiat that you would have paid for a single unit 1 year ago. 1 BTC in 2012=$100=1 unit and 1BTC in 2013=$200=2 units...
Math...simple
... not Okay, so then you got an even better deal. (1 BTC < $100 in 2012 for a Trezor) > (1 BTC >$200 in 2013 for 2 units) How do you think the 10,000 BTC pizza guy is feeling right now? Does he deserve free pizza for life for his entire family because he chose to spend BTC instead of fiat? Whaaaaaa :'-( Very good deal if you bought 1 BTC the day you ordered the trezor in 2012. I did it that way today, paying 200+ $ for 1 BTC. If the pizza guy did it that way , he will be more than happy right now. People that are to stingy to buy a trezor are the ones that cry first after loosing their BTC.
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molecular
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November 01, 2013, 12:52:41 PM |
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For those of you complaining about paying 1 BTC for 1 Trezor 1 year ago, the price of bitcoin has doubled, so in effect, you'd be paying 1 BTC for 2 units now, which is THE SAME COST in fiat that you would have paid for a single unit 1 year ago. 1 BTC in 2012=$100=1 unit and 1BTC in 2013=$200=2 units...
Math...simple
your math is correct. It wasn't one year ago, though, but roughly 5 months. 1 year ago the price of one BTC was $10, not $100.
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BRADLEYPLOOF
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November 02, 2013, 01:47:58 AM |
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mh ok think its a little bit unfair .. when other users have paid long time before ... Okay, by your logic the guy who paid 10k BTC for a pizza should have free pizza for 100 years because he used a currency worth X amount at the time to buy a pizza worth X amount. Using a young currency is risky and can be considered unfair if you believe the value will never go up. If you believe the value can increase, but you spend it anyways, it's your own fault. I'm not crying to BTCGuild because I bought a couple of USB miners and then watched the price bottom out. They don't owe me anything. I bought and paid for my units at that price at the time using bitcoin which I thought was fair because I used fiat to purchase the bitcoin through coinbase when it wasn't expensive. Should I have sat on it? Sure, hind-sight is always 20/20, but I wanted to hope that I could at least make back what I had put into my units. Did I? No. Will I ever? Only if I can find a source of free electricity, the price shoots way up (and even then, I'll only have the value of what I paid, not the total amount of bitcoin I started with) and/or the amount of miners drops dramatically. One other way of thinking about it...The price of bitcoin bottoms out. You paid 1 BTC worth $100 at the time for a Trezor. Now, in order to buy one, you'd need to pay 100 BTC. Do you think Slush is going to piss and moan and bitch at you about how you screwed them over because you bought it early and try to get you to give them 99 more bitcoins? No, they're adults. They can see the risk involved and are mature enough to handle their shit. A positive price swing benefits those who sell merchandise for bitcoin, whereas a negative price swing benefits the purchasers of said merchandise. Either enjoy the fact that you paid for something so long ago with a currency worth less at that time or keep looking in that rearview mirror on how much you spend in bitcoin (not fiat) versus how much you could have spent in bitcoin now (the same amount in fiat). Then, do us all a favor and STFU. The choice is yours. Disclaimer: I mine with my little 2.67GH/s units on Slush's pool. They're awesome and I only wish that I had more hashing power to throw at their pool. Maybe I will go bug BTCGuild for more free mining rigs based on today's exchange rate to use on Slush.
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xeroc
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November 02, 2013, 04:06:26 PM |
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They most likely don't get punished if you compare in fiat terms.
All theses comparisons just don't matter ... thats way they have the price in BTC ... and by this the piss off all those guys that preordered .. because you get twice as many hardware for the same price ... no math needed here
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molecular
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November 02, 2013, 05:25:01 PM |
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They most likely don't get punished if you compare in fiat terms.
All theses comparisons just don't matter ... thats way they have the price in BTC ... and by this the piss off all those guys that preordered .. because you get twice as many hardware for the same price ... no math needed here I can see your point of holding on to BTC pricing. But it's too early. The value of a bitcoin fluctuates wildly. We all know that. The way I see it: It's not relevant how many BTC you gave them, it's relevant how much value you transferred.
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StarenseN
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November 02, 2013, 10:33:07 PM Last edit: November 02, 2013, 10:45:10 PM by StarenseN |
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it's relevant how much value you transferred.
The value I transferred is 3 BTC. Does another value exist? edit: 3
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BRADLEYPLOOF
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November 02, 2013, 10:42:55 PM |
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it's relevant how much value you transferred.
The value I transferred is 1 BTC. Does another value exists? Duh, hey Ren, how much did you pay for that single bitcoin? That's the current value because bitcoin isn't so widely accepted. One day it will be like "I paid 1 bitcoin for that" just like today you can say "I paid 8 dollars for that" but that day is still about 3 years out...
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NewLiberty
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Gresham's Lawyer
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November 02, 2013, 10:45:20 PM |
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it's relevant how much value you transferred.
The value I transferred is 1 BTC. Does another value exists? Maybe it ought be measured as BTC/DATE?
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molecular
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November 03, 2013, 09:34:44 AM |
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it's relevant how much value you transferred.
The value I transferred is 3 BTC. Does another value exist? edit: 3 yeah, and that one guy transferred the value of BTC 10,000 for a pizza. man, just let it go and accept the fact that "we're not there yet" EDIT: stop being butthurt. You didn't get ripped off. People buying today could complain, but buying today is voluntary.
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