Swedish ASIC miner company kncminer.com

[CYPER]

<intense scaremongering for shits and giggles>
Bitcoin is heading for $10. Guys who ordered a knobtune are going to have to build a timemachine to mine back their 13K! Set it for 2012
</intense scaremongering for shits and giggles>

What about all the guys who bought at around 10BTC 

[1713422419]

1713422419

[1713422419]

1713422419

[The Avenger]

Turns out I wasn't scaremongering at all 

FINANCE PROFESSOR: Bitcoin Will Crash To $10 By Mid-2014 (i.e. Q2 )
http://www.businessinsider.com/williams-bitcoin-meltdown-10-2013-12

They have a graph to prove it and everything

[DeathAndTaxes]

The latest price correction should have a chilling effect on difficulty increases. BTC price movements tend to occur quickly and are hard to anticipate, so load up on BTC while you still can... 

Except for the PHs and PHs of pre-orders which are going to be used no matter what.

If/when all the companies are selling from stock or have very short (say 30 day) pre-order windows the exchange rate might affect it but the "spike" likely drove in lots and lots of PH/s worth of pre-orders which will remain even when the price crashes back.

Bitcoin never going above $500 may have slowed pre-orders but the spike to $1200 and then falling back to $500 is just a lose lose for miners.

[The Avenger]

<intense scaremongering for shits and giggles>
Bitcoin is heading for $10. Guys who ordered a knobtune are going to have to build a timemachine to mine back their 13K! Set it for 2012
</intense scaremongering for shits and giggles>

What about all the guys who bought at around 10BTC 

You should be able to sell the 4 Arctic heatsinks and make your money back, without even having to switch it on 

[vesperwillow]

Humorous prediction: Chinese govt & people will wait until the value is absolutely tanked, and then corner the market by buying the majority of bitcoin. Sometime later, they will announce bitcoin is the best thing ever. Value shoots back up, and they now control the market.

[Anddos]

Yeh time to get your refunds for your neptune orders,knc to go bankrupt

[takagari]

Humorous prediction: Chinese govt & people will wait until the value is absolutely tanked, and then corner the market by buying the majority of bitcoin. Sometime later, they will announce bitcoin is the best thing ever. Value shoots back up, and they now control the market.

Well this is what I sort of believe, I think it's the corrupt in china, everyone know the Gang's there have heavy influence, Yakuza or whom ever? not a bad ploy, plus the translation for all this are WAY worse. the Troll's on Reddit seem to be doing a number lol

[NineLives]

Turns out I wasn't scaremongering at all 

FINANCE PROFESSOR: Bitcoin Will Crash To $10 By Mid-2014 (i.e. Q2 )
http://www.businessinsider.com/williams-bitcoin-meltdown-10-2013-12

They have a graph to prove it and everything

Ahahaha..

This guy has been wrong twice already in the past m8.

[The Avenger]

Turns out I wasn't scaremongering at all  

FINANCE PROFESSOR: Bitcoin Will Crash To $10 By Mid-2014 (i.e. Q2 )
http://www.businessinsider.com/williams-bitcoin-meltdown-10-2013-12

They have a graph to prove it and everything

Ahahaha..

This guy has been wrong twice already in the past m8.

Anyone who draws a graph that puts "mid-2014" at roughly "January 2014" doesn't get any credit from me   BI hate bitcoin and this "Finance Professor" is probably bought and paid for by the banks. BI certainly is.

The next big thing to unsettled btc will be JP Morgan trying to prove they invented and own bitcoin, with their patents trolling. We are probably going to see a flatline in btc price for quite some time while all these a-holes take their shots at destroying it. But some unexpected and positive news may be round the corner, which could bring it back up in price again fast - you never can tell with bitcoin  

N.B. Sorry, off-topic. I return you to your regularly scheduled program...

[faetos]

The smart investors in China will find an alternate means to invest in btc. You just have to be creative. there are other exchanges out there that they can migrate to at a bit of a loss. you also have to remember that the best time to invest is when everyone panics and wants to get out. I am keeping my neptune orders and wont make any more rash decisions based on the current value of btc. I'd advise you all to think ahead and not panic.

[NineLives]

Here is my view and its logical.

The world is bigger then China.  India has started jumping on the multi crypto coin world.

Bitcoin is still a baby (world GDP)..

Next logical step to kick ass:  Keyhotee / Bitshares.

Bitcoin ain't going nowhere I'm certain.  Value will go up and down lots but it will shoot back up on even some tiny good news.

[merv77]

what's everyone worried about?  This volatility is perfectly normal in the bitcoin world and we've seen it many times already.

anyway bitcoin is coming back up as we speak.  

what.. it's only 4000% up in couple months compared to 8000% 24 hours ago, to me it's still a good investment.

or do you want to put your money in the bank and earn 2% per anumm

enjoy the wild ride  

[RoadStress]

Update regarding my RMA: First i tried to call them but got no answer, then i sent an email requesting for a RMA number, then tried to call them 2 more times at different hours and still no answer and lastly after 6 hours from my e-mail i got my RMA. Too bad it was late for UPS to pick it up and i have to wait until Monday.

Last update regarding my RMA: Sent the fried board on Monday, they received it and also sent me a good one on Tuesday and i got it today. Board is hashing nice, i'm very pleased with the whole experience. Thank you!

[helmax]

hey guys any chat or irc kncminer for we talk more 

[Minor Miner]

What is the standard procedure for units that have one board that constantly runs hot and the unit only hashes around 500?   Can I ask them to give me a new board?   I have already ensure the pipes are making contact and other suggestions on here.

[r1senfa17h]

What is the standard procedure for units that have one board that constantly runs hot and the unit only hashes around 500?   Can I ask them to give me a new board?   I have already ensure the pipes are making contact and other suggestions on here.

I noticed that my 4-VRM boards run MUCH hotter than the 8-VRM boards in my Jupiter. Do you see many cores offline in Bertmod? If so, have you tweaked voltages in the 0.99-Tune firmware?

[minternj]

http://forum.kncminer.com/forum/main-category/hardware/25328-fire-woke-up-to-sound-of-smoke-alarms-and-smell-of-smoke

Reminder to have your batteries checked in your smoke detectors.

[kendog77]

http://forum.kncminer.com/forum/main-category/hardware/25328-fire-woke-up-to-sound-of-smoke-alarms-and-smell-of-smoke

Reminder to have your batteries checked in your smoke detectors.

Wow, that is scary stuff!!!

[DPoS]

what's everyone worried about?  This volatility is perfectly normal in the bitcoin world and we've seen it many times already.

anyway bitcoin is coming back up as we speak.  

what.. it's only 4000% up in couple months compared to 8000% 24 hours ago, to me it's still a good investment.

or do you want to put your money in the bank and earn 2% per anumm

enjoy the wild ride  

you forget people started selling lambos for bitcoin, etc.....   that side of the coin gets spanked on crashes like this

[opentoe]

Anyone have an inside scoop of when KNC will possibly list Jupiters? It will be Christmas in 11 days, then New Year's so anything to do with shipping will be delayed or who knows what. Are they thinking of releasing maybe this week, the next? I'm probably positive someone must have called them to ask. And most likely wouldn't post that "secret" info here.

Given their past pricing trend I am expecting the new batch to be anywhere between USD 2995-3995

What was the price of the original Jupiter? $5k? $6k? I forgot. It has to be much lower than the original price since so much time has gone by and return is much lower now.