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Author Topic: To those buying 5830's for resale  (Read 5250 times)
AngelusWebDesign
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June 20, 2011, 06:40:22 PM
 #1

I notice they always want $160 -- not $150, or $170, but $160 -- as in, they'd like to make a nice even "fifty" on their deal.

I've run into several of these guys -- but they (and their would-be customers) need to learn a few things:

1. The 5830 doesn't make BTC fly out of your orifices. It's just a good video card for mining at the $110 price point.
2. The 5830 is one of the best entry-level mining cards there is -- when purchased for $110 or $120.
3. There are other cards that perform as well -- if not better -- at the $160 price point.

...and...pay attention here, boys...

4. The BTC mining market, while still profitable, is hardly in a "manic growth" phase anymore (or at least it shouldn't be). Newsflash! BTC aren't trading for $30 anymore. Anyone who's bought cards for a quick buck is LATE TO THE PARTY. As in, 3 weeks late. And we've had one Difficulty Reset since those halcyon $30 days as well (with another coming at the end of this week!)

5. The 5830 brings in 0.26 BTC per day (going by 255 MH/s). At the current market price of $11/BTC, that's $2.86 BEFORE YOU SUBTRACT ELECTRICITY and any conversion to USD fees. It will take a long time to earn $120 back, nevermind $160.
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Synaptic
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June 20, 2011, 06:51:15 PM
 #2

I notice they always want $160 -- not $150, or $170, but $160 -- as in, they'd like to make a nice even "fifty" on their deal.

I've run into several of these guys -- but they (and their would-be customers) need to learn a few things:

1. The 5830 doesn't make BTC fly out of your orifices. It's just a good video card for mining at the $110 price point.
2. The 5830 is one of the best entry-level mining cards there is -- when purchased for $110 or $120.
3. There are other cards that perform as well -- if not better -- at the $160 price point.

...and...pay attention here, boys...

4. The BTC mining market, while still profitable, is hardly in a "manic growth" phase anymore (or at least it shouldn't be). Newsflash! BTC aren't trading for $30 anymore. Anyone who's bought cards for a quick buck is LATE TO THE PARTY. As in, 3 weeks late. And we've had one Difficulty Reset since those halcyon $30 days as well (with another coming at the end of this week!)

5. The 5830 brings in 0.26 BTC per day (going by 255 MH/s). At the current market price of $11/BTC, that's $2.86 BEFORE YOU SUBTRACT ELECTRICITY and any conversion to USD fees. It will take a long time to earn $120 back, nevermind $160.


No dude, the market's on its way to recovery and that's actually a bargain.

Quit being such a troll.
AngelusWebDesign
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June 20, 2011, 06:53:38 PM
 #3

You really cheapen the meaning of troll by throwing it around at anyone who disagrees with you.

Go ahead, think that we're still in a manic bubble -- I'll stay over here in reality, thanks. You buy that 5830 for $160, and I'll buy it off you for $70 in a few weeks.
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June 20, 2011, 06:55:44 PM
 #4

You really cheapen the meaning of troll by throwing it around at anyone who disagrees with you.

Go ahead, think that we're still in a manic bubble -- I'll stay over here in reality, thanks. You buy that 5830 for $160, and I'll buy it off you for $70 in a few weeks.


Oh c'mon you're smarter than that aren't you?
AngelusWebDesign
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June 20, 2011, 06:57:04 PM
 #5

What, were you being sarcastic when you said I was being a troll and that we're on the way to recovery?

You got me; I thought you were serious.
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June 20, 2011, 07:12:14 PM
 #6

You're a troll Angelus, all you do is post systematic propaganda for your own financial gains.

Overclocking = money? Greatest full time hobby ever!
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AngelusWebDesign
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June 20, 2011, 07:18:20 PM
 #7

Can someone here define troll for me?  I mean, objectively?

A troll is someone who joins a forum to "troll for responses" by offending the members of a given forum. He's messing around with their heads, and doesn't really belong there.

Just for starters, I have 3.5 Gh/s of mining hardware going right now -- I belong here as much as any of you.

I just disagree with certain posters here, and I oppose those who would take advantage of the ignorance of certain people. Selling a 5830 to somebody for $160 today is like trying to trade a king size candy bar to a small child for their "stupid piece of paper" $5 bill. It's just WRONG. It's taking advantage of ignorance.

I don't need to talk up bitcoin mining -- greed does just fine in that department. What we need is more of ME around to keep people thinking rationally.

The truth hurts though, and I didn't ever expect to popular for spouting it. Oh well. C'est la vie.
borito4
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June 20, 2011, 07:19:46 PM
 #8

You're a troll Angelus, all you do is post systematic propaganda for your own financial gains.

Agreed. Just look at his posts all over the FS section.

http://fxnet.bitlex.org/?ref=1141
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AngelusWebDesign
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June 20, 2011, 07:22:32 PM
 #9

FYI -- Borito's just mad because I'm dispelling the ignorance he's preying on.

I'm costing him his "quick $50"s and he doesn't like it. Well, that's natural and to be expected.

How about someone attack me with some FACTS -- tell me why the 5830 is great at ANY price -- rather than calling me names. You know, it makes you look childish like you've lost the argument. It's called an "ad-hominem" attack. That's where you attack the arguer instead of his argument. It's the last resort of those who have no rebuttal to an argument...
Synaptic
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June 20, 2011, 07:24:12 PM
 #10

FYI -- Borito's just mad because I'm dispelling the ignorance he's preying on.

I'm costing him his "quick $50"s and he doesn't like it. Well, that's natural and to be expected.

How about someone attack me with some FACTS -- tell me why the 5830 is great at ANY price -- rather than calling me names. You know, it makes you look childish like you've lost the argument. It's called an "ad-hominem" attack. That's where you attack the arguer instead of his argument. It's the last resort of those who have no rebuttal to an argument...


Oh man, ad hominem and red herring constitute 95% of this userbase's debate arsenal.

C'mon you've seen that already Angelus. Don't let yourself start slipping now.
AngelusWebDesign
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June 20, 2011, 07:30:24 PM
 #11

You're right, I've seen plenty of that around here.
bcpokey
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June 20, 2011, 07:31:17 PM
 #12

Angelus Stats:

Total Posts:   230 posts
Total Topics Started:   41 topics

Jebus. 5:1 Post:Topic creation ratio.
borito4
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June 20, 2011, 07:37:36 PM
 #13

FYI -- Borito's just mad because I'm dispelling the ignorance he's preying on.

I'm costing him his "quick $50"s and he doesn't like it. Well, that's natural and to be expected.

How about someone attack me with some FACTS -- tell me why the 5830 is great at ANY price -- rather than calling me names. You know, it makes you look childish like you've lost the argument. It's called an "ad-hominem" attack. That's where you attack the arguer instead of his argument. It's the last resort of those who have no rebuttal to an argument...

Im not mad, I sold my cards at their asking price.

http://fxnet.bitlex.org/?ref=1141
1C2AUjVqnY4TMC9D7ZGQ4aPurbLrLz2q2g
Lightspeed
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June 20, 2011, 07:38:32 PM
 #14

5830s can very easily do 300Mh/s btw

Overclocking = money? Greatest full time hobby ever!
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AngelusWebDesign
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June 20, 2011, 07:39:15 PM
 #15

What does that have to do with the price of tea in China?

It just means I'm used to leading the conversations on fora.

It also might mean I have more to contribute than the average member. I certainly have more age, knowledge, and experience than at least 1/2 the members here.

I've run a message board for the past 5 years. So I'm used to being more of a leader than a common member; it's a habit any forum owner can probably relate to.
AngelusWebDesign
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June 20, 2011, 07:42:42 PM
 #16

5830s can very easily do 300Mh/s btw

Yes, in theory. But I don't screw around with OC to the max -- I had one of my Sapphire 5830's running pretty cool at 292 MH/s for over a day -- then I almost couldn't get the card working again. I decided to be more conservative in my OC after that. If I want more MH now, I'll buy another card. It's not worth my time to overclock. I'm a professional web developer; I make a lot more than $8 or $10 an hour Smiley

As always, it depends on the person. For example, if I had only 1 or 2 video cards, a $10/week allowance, and was living with mom, I might be more inclined to overclock...
AngelusWebDesign
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June 20, 2011, 07:44:57 PM
 #17

FYI -- Borito's just mad because I'm dispelling the ignorance he's preying on.

I'm costing him his "quick $50"s and he doesn't like it. Well, that's natural and to be expected.

How about someone attack me with some FACTS -- tell me why the 5830 is great at ANY price -- rather than calling me names. You know, it makes you look childish like you've lost the argument. It's called an "ad-hominem" attack. That's where you attack the arguer instead of his argument. It's the last resort of those who have no rebuttal to an argument...

Im not mad, I sold my cards at their asking price.

Good for you. I'm just going to make sure that everyone is armed with sufficient knowledge, so that you (and others like you) won't be able to sell them for $160 next time  Wink
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June 20, 2011, 07:46:45 PM
 #18

To those complaining about people buying 5830s for resale.  Get a life.  

People can do whatever they want.  It's called freedom, and while I don't agree with buying an item only to resell at a profit, I don't have an issue with it.  I do have an issue with you trying to tell people what to do.  Grow up and stop trying to play god.  It's freedom that makes bitcoins enticing and your attitude doesn't belong in this community no matter how much computing power you bring to the network.

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Jack of Diamonds
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June 20, 2011, 07:47:55 PM
 #19

Can someone here define troll for me?  I mean, objectively?

Someone who claims to be a miner, but all of his posts are about how much bitcoin sucks, how it's a "bubble" that is about to burst,
how Satoshi is the antichrist and a CIA agent, how the price will never go past $12 and it will just be banned in every country in the world.

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June 20, 2011, 07:48:50 PM
 #20

5830s can very easily do 300Mh/s btw

Yes, in theory. But I don't screw around with OC to the max -- I had one of my Sapphire 5830's running pretty cool at 292 MH/s for over a day -- then I almost couldn't get the card working again. I decided to be more conservative in my OC after that. If I want more MH now, I'll buy another card. It's not worth my time to overclock. I'm a professional web developer; I make a lot more than $8 or $10 an hour Smiley

As always, it depends on the person. For example, if I had only 1 or 2 video cards, a $10/week allowance, and was living with mom, I might be more inclined to overclock...


If it's not worth your time to even setup your rigs properly why are you spending abnormal amounts of time filling this forum with garbage?

Overclocking = money? Greatest full time hobby ever!
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