Block Erupter USB Sales [Temporarily Out of Stock]

[Xian01]

Seems not fair 

First round AM hardware always carries a premium. Trust me. Still stinging from purchasing 50 for myself @ 99.5 BTC knowing I can now get the same number for half that price today but C'est la vie.

[buyer]

Seems not fair 

First round AM hardware always carries a premium. Trust me. Still stinging from purchasing 50 for myself @ 99.5 BTC knowing I can now get the same number for half that price today but C'est la vie.

Dude the price drop is ridiculous.  I'm happy to pay a premium for a first in hand product but the price of .99 btc for one and .89 btc for 1000 is stupid.  And these price drops of 50% or more are stupid.  These people do not know what they are doing, all they are accomplishing is to piss people off.

[PeZ]

If anything, people should learn to stay away from AsicMiners' stuff until they drop their prices, because they will do it. It's still too high and people should stay away from the group buys until the next drop.

FYI...in three months these things will be making so little bitcoin that you wont even bother plugging them in.

[Eric Muyser]

Legitimate question:

Does this mean that they are going to refund 1.99 BTC-0.89 BTC = 1.1 BTC per unit to anyone who has purchased over 1000 units?  Or 1.1BTC *1000 = 1100 BTC to each person who has purchased over 1k units?  If so, where does that BTC come from, and how does it affect dividends?  Or am I reading this wrong?

[Pierre]

If anything, people should learn to stay away from AsicMiners' stuff until they drop their prices, because they will do it.

All prices drop all the time. That laptop you purchased last year for $1500? Today you can get the same one for just $1000. It's how technology works!

[jspielberg]

If anything, people should learn to stay away from AsicMiners' stuff until they drop their prices, because they will do it.

If they drop the price in half one more time, I might start to get interested.  At the current price, it would only be enticing for folks who were contemplating GPU or FPGA rigs.  The price needs to get down to .5BTC per miner to be in the ASIC wave.

[PeZ]

If anything, people should learn to stay away from AsicMiners' stuff until they drop their prices, because they will do it.

All prices drop all the time. That laptop you purchased last year for $1500? Today you can get the same one for just $1000. It's how technology works!

It's only been a few weeks.  

Also...laptop can be useful for many years. Asics do only one thing and there's even backroom talk amongst the developer(s)/supporters to change the code to make it hard on Asics.

[CanaryInTheMine]

Is there a group buy somewhere ?

Yes, I'm running one right now. 

[buyer]

If anything, people should learn to stay away from AsicMiners' stuff until they drop their prices, because they will do it.

All prices drop all the time. That laptop you purchased last year for $1500? Today you can get the same one for just $1000. It's how technology works!

No dude it is not.  Manufacturers set prices based on product lines.  The model has a manufacturers suggested retail price which probably will not change over the life of the product.  If you bought abc tv at walmart and then a week later they dropped the price by 50% what would you do?  I'd demand the lower price and you know what, walmart would give it to me because they understand marketing and sales.

Dropping a price by 50% a month after launch is just dumb and it's likely to confuse your prospective customers.  

[Xian01]

Dude the price drop is ridiculous.  ... And these price drops of 50% or more are stupid. 

 Yeah, at least on the AM Blades it was 75BTC down to 50BTC. I agree this price drop of 50% is a bit difficult to stomach

[jspielberg]

Dropping a price by 50% a month after launch is just dumb and it's likely to confuse your prospective customers.  

2BTC per miner is highway robbery and they knew it.
1BTC is just robbery.

[CanaryInTheMine]

This isn't fair for Canadians.  I want to order 1000 USBS.  However,  I want to take advantage of my previous 50BTC order so that I can get 50BTC off, but WTCR in Canada won't be able to honor this.  It now seems that Friedcat is screening out Canadian emails as he hasn't replied to me for quite awhile now, as he probably wants me to deal directly with WTCR.  Bullshit.

WTCR is capable of getting 1000+ units for you.  I wouldn't worry about that!

I won't get the 50 BTC rebate though for my previous 50 unit order.  Did you miss that part?  It was never a question of not being able to get 1000.

sent you PM

[CanaryInTheMine]

yeah, i would like to buy 50, no point in a group buy

sent you PM

[Eric Muyser]

If anything, people should learn to stay away from AsicMiners' stuff until they drop their prices, because they will do it.

All prices drop all the time. That laptop you purchased last year for $1500? Today you can get the same one for just $1000. It's how technology works!

No dude it is not.  Manufacturers set prices based on product lines.  The model has a manufacturers suggested retail price which probably will not change over the life of the product.  If you bought abc tv at walmart and then a week later they dropped the price by 50% what would you do?  I'd demand the lower price and you know what, walmart would give it to me because they understand marketing and sales.

Dropping a price by 50% a month after launch is just dumb and it's likely to confuse your prospective customers.  

Yes, well, they must be setting it on supply and demand. There isn't enough demand for the USBs to justify a bulk order, so they lower the price to generate marginal profit.

And obviously the difficult changed since last month

[BitAddict]

Dropping a price by 50% a month after launch is just dumb and it's likely to confuse your prospective customers.  

2BTC per miner is highway robbery and they knew it.
1BTC is just robbery.

Difficulty double up, so I think it is OK lowering the price.
Now they're at the same price when they started selling them.
They can't decide the USB's price, it is the market and difficulty. If Bitcoin changes fast, price needs to do the same.

[daemondazz]

2BTC per miner is highway robbery and they knew it.
1BTC is just robbery.

+1

Said to a colleague today, now they are only overpriced, instead of ridiculously overpriced.

[Littleshop]

2BTC per miner is highway robbery and they knew it.
1BTC is just robbery.

+1

Said to a colleague today, now they are only overpriced, instead of ridiculously overpriced.

As they cost about .15 BTC each to make (yes, I know this is a guess but it is an educated one), a selling price of .5 BTC each would be fair and also allow they buyer to actually make a profit.  At almost 1 BTC I do not see a profit in them with difficulty growing.  On top of that, buying from them you know that this just allows them to put up more of their own hashing power (since they pay so much less for it) without going over 50%.  You are doing them a favor at this point. 

[Pierre]

Cry more people, this is what we call SUPPLY and DEMAND at work!

[PeZ]

On top of that, buying from them you know that this just allows them to put up more of their own hashing power

Yep...all these Bitcoin supporters who are lining AsicMiners' pockets are hurting themselves in the long run. If you are interesting in Bitcoin mining you need to steer clear of this device.

[Pierre]

Yep...all these Bitcoin supporters who are lining AsicMiners' pockets are hurting themselves in the long run. If you are interesting in Bitcoin mining you need to steer clear of this device.

Problem is nobody else is shipping anything immediately (unless you ordered MONTHS ago) so what do you suggest?