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Question: Is it more profitable to not sell any?
Yes - 41 (39.4%)
No - 39 (37.5%)
Yes, but BFL is honest and will still sell - 17 (16.3%)
I don't know - 7 (6.7%)
Total Voters: 104

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Author Topic: [POLL] If BFL has ASICs made, is it more profitable for them to not sell any?  (Read 3850 times)
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January 02, 2013, 04:42:44 AM
 #21

They must most definitely sell their ASICs or risk getting sued etc as pointed out above, but it is also clearly in their interest to delay delivery  as long as possible if pre-orders are still coming in, because as soon they start delivering, difficulty will skyrocket, forcing them to drop their price so that it continues to seem possible for potential new buyers to make a profit.
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January 02, 2013, 05:21:55 AM
 #22

They must most definitely sell their ASICs or risk getting sued etc as pointed out above, but it is also clearly in their interest to delay delivery  as long as possible if pre-orders are still coming in, because as soon they start delivering, difficulty will skyrocket, forcing them to drop their price so that it continues to seem possible for potential new buyers to make a profit.

I disagree.  As soon as they start delivering, people will cancel their orders with the other ASIC vendors and put that money towards orders with BFL.  The smartest thing for ANY of the ASIC developers to do is to deliver units as soon as possible.
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January 02, 2013, 05:45:22 AM
 #23

They must most definitely sell their ASICs or risk getting sued etc as pointed out above, but it is also clearly in their interest to delay delivery  as long as possible if pre-orders are still coming in, because as soon they start delivering, difficulty will skyrocket, forcing them to drop their price so that it continues to seem possible for potential new buyers to make a profit.
I disagree.  As soon as they start delivering, people will cancel their orders with the other ASIC vendors and put that money towards orders with BFL.  The smartest thing for ANY of the ASIC developers to do is to deliver units as soon as possible.
I'm not so sure. BFL will get a lot of orders as soon as they start shipping, but from doubters who are waiting for physical proof. I can't see people canceling orders from the front of the Avalon line just to get into the back of the BFL line. Most of the people who have pre-ordered bASICs or Avalons hate BFL anyways.

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January 03, 2013, 08:51:17 PM
 #24

I wouldn't worry about BFL products most of the BTC will go to miners that won't necessarily dump them on the market.

ASIC miner will have to sell all the bit coins. And for a brief period (hopefully) they will have all the Bitcoins.

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January 09, 2013, 10:13:09 PM
 #25

If they kept them all, the network would no longer be distributed.  If one entity had that much processing power it would not be a secure network.  the valus of the BTC would drop and people would move to the next best thing.  So no it would not be more profitable for them to keep the devices and mine.

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January 22, 2013, 03:26:40 PM
 #26

Thankfully others are developing/shipping ASICs so this problem basically doesn't exist.

Except for those who preordered early on release date promises which were way off and who will probably won't make their investment back.

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