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Author Topic: 3D printing business  (Read 583 times)
poonam3123
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April 11, 2013, 11:15:41 PM
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Hey I was thinking about how to invest my bitcoins and I spoke to a friend of mine who is a 3d printer distributor
in Canada. This industry seems to be booming. The demand for 3d printing such as models and prototype is much
greater than the actual supply. Many of his 3D printing clients don't even have enough time to fulfill their orders.
The profit margins are also huge. Cost per 3d cm is $10 where you can charge $50 or more per 3d cm. The average profit per order is around $3000. The only problem is that a basic industrial strength 3D printer starts at 50,000.
Do you think a group of members would be willing to invest bitcoins and own a piece of a 3D printer. We will all get to do the 3D printing at cost, and  send in any order we may have. If any one of us gets two or more orders it pretty much pays for the investment and the rest is profit.
What do you guys think?
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Mike Christ
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April 11, 2013, 11:17:16 PM
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Someone proposed this idea once before.

I don't remember if there were any takers...

Crenel84
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April 11, 2013, 11:23:26 PM
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(Argh, session timed out while writing a short reply, that was annoying. Starting again from scratch...)

This sounds like an interesting investment/business, but -- probably heresy in this forum -- not one I would tie to BTC. When things mature and BTC is less volatile, I could see a connection between BTC and real-world investments. Right now, I'd "cash out" BTC to a non-virtual currency and use that to set up the business, and take payments in a stable currency as well.

poonam3123
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April 11, 2013, 11:53:16 PM
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I think this is a good opportunity for those interested in trading or cashing out their bitcoins right now. I'm going to probably invest half my bitcoins in it and the other half just keeping it to see what happens with all this crazy bitcoin price inflations and deflations. If anyone is interested in getting into 3D printing let me know.
kaupang
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May 17, 2013, 05:46:55 AM
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Hi
I am entering into 3D Printing, both as importer / distributor, and to the "print-on-demand" service.
But, I am not yet started bitcoin trades / investment.
If you (or others) want to get involved, take a look at FundedByMe.com, and look at 3D Printing Baltic.
Yes, I am in Europe, specifically in Latvia. Going to cover the three Baltic states.
Kazuminer
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May 17, 2013, 06:01:05 AM
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.... Many of his 3D printing clients don't even have enough time to fulfill their orders....

Very skeptic about that information
araquel
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May 17, 2013, 08:27:19 AM
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Hey I was thinking about how to invest my bitcoins and I spoke to a friend of mine who is a 3d printer distributor
in Canada. This industry seems to be booming. The demand for 3d printing such as models and prototype is much
greater than the actual supply. Many of his 3D printing clients don't even have enough time to fulfill their orders.
The profit margins are also huge. Cost per 3d cm is $10 where you can charge $50 or more per 3d cm. The average profit per order is around $3000. The only problem is that a basic industrial strength 3D printer starts at 50,000.
Do you think a group of members would be willing to invest bitcoins and own a piece of a 3D printer. We will all get to do the 3D printing at cost, and  send in any order we may have. If any one of us gets two or more orders it pretty much pays for the investment and the rest is profit.
What do you guys think?

Do you have any actual experience running a 3D printer?  It's not something you can just buy and it magically starts producing 3D models, you have to learn how to use the control software and recognize when a proposed model isn't going to work.

How are you planning on gaining business?  More and more 3D printing houses have websites where a user can upload a model and get an automatically-generated production quote.  I'd think a site like that would be a major investment in itself.

For the material costs and prices you quote, do you mean cubic centimeter or cubic meter?  $10/cubic centimeter is too high and $10/cubic meter is too low, so either way your math is a bit suspect.  Check out http://www.shapeways.com to see what kind of competition you'd be dealing with.
BitMI
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May 17, 2013, 01:28:17 PM
 #8

Interesting idea, although I would personally prefer to have my own 3D printer. However it's not very easy to get some parts here (especially the printing header). Undecided
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