The price of New Blade and Mini Blade was announced by rockxie

[chanberg]

according to this:
http://translate.googleusercontent.com/translate_c?spm=2013.1.0.0.vOM5Uh&depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=auto&tl=en&u=http://item.taobao.com/item.htm%3Fid%3D26136168590&usg=ALkJrhiVdhqkLTSjKN41Uyf6bp8vwnN1JQ

Erupters are 88 Yuan that's what? $17 USD?

you cant trust the chinese!~

[derr777]

not even remotely attractive at this price.. with a near end of july delivery, these aren't attractive above 10btc in my opinion..

of course i've said that with every AM offering thus far.  Somehow, hes finding people, on this board even, who will pay a price that will never make them a dime.

Am I destined to just never understand?

[Damnsammit]

according to this:
http://translate.googleusercontent.com/translate_c?spm=2013.1.0.0.vOM5Uh&depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=auto&tl=en&u=http://item.taobao.com/item.htm%3Fid%3D26136168590&usg=ALkJrhiVdhqkLTSjKN41Uyf6bp8vwnN1JQ

Erupters are 88 Yuan that's what? $17 USD?

you cant trust the chinese!~

FYI

I believe the owner of that site stated in another thread that it is "earnest money" listed there... meaning you have to pay that much if you intend on buying it, but the current price in Chinese yuan is 5000/10000

[Xian01]

of course i've said that with every AM offering thus far.  Somehow, hes finding people, on this board even, who will pay a price that will never make them a dime.
Am I destined to just never understand?

 You and I both are just destined to never understand. This is a hobby of mine. I'm spending my Bitcoins on gear to mine more Bitcoins.

 Since taking delivery of all my AM gear, I've mined more than enough coins in the last 60 days to buy at least another two new 10GHs blades when they become available. Throw my AM shares into the mix and I'm in pretty good shape.

 I'm in it for the fun-factor. ROI isn't everything for some. Trying to look 1-2 years down the road; same strategy as I employed with my GPU farm, which paid off nicely in BTC and allows for my ASIC expenditures with no fiat out.

 YMMV of course.

[nubbins]

I can't believe people still do this despite all the scammers that have been charging back and using stolen credit cards to buy them.  Good luck with that.

I assume that is all through Paypal? 

I've sold 3 mining rigs (pi, hub, 5 erupters) and 5 single erupters on ebay, no chargebacks. I think the frequency of chargebacks is blown out of proportion. Much more common is deadbeat bidders, which waste your time.

There are a ton of better reasons to not use ebay/paypal: 13% fees, holding your cash for 3 weeks, etc.

[Damnsammit]

I've sold 3 mining rigs (pi, hub, 5 erupters) and 5 single erupters on ebay, no chargebacks. I think the frequency of chargebacks is blown out of proportion. Much more common is deadbeat bidders, which waste your time.

There are a ton of better reasons to not use ebay/paypal: 13% fees, holding your cash for 3 weeks, etc.

Holy shit!  13% fees!?

I haven't used eBay/Paypal in forever.  I was just going to let my wife handle the sale since she is an eBay nut.  Didn't realize the fees were that high!

[dogie]

I've sold 3 mining rigs (pi, hub, 5 erupters) and 5 single erupters on ebay, no chargebacks. I think the frequency of chargebacks is blown out of proportion. Much more common is deadbeat bidders, which waste your time.

There are a ton of better reasons to not use ebay/paypal: 13% fees, holding your cash for 3 weeks, etc.

Holy shit!  13% fees!?

I haven't used Paypal in forever.  I was just going to let my wife handle the sale since she is an eBay nut.  Didn't realize the fees were that high!

*3%.

[Damnsammit]

so 13% for eBay and 3% for Paypal?

Shit, good thing I moved to selling crap on CL years ago.  I prefer the in-person style of that better anyways!

[nubbins]

so 13% for eBay and 3% for Paypal?

Shit, good thing I moved to selling crap on CL years ago.  I prefer the in-person style of that better anyways!

10% for ebay, 3% for paypal. It's fucking CRAZY.

Sell a block erupter for $100: receive $87

Sell a mining rig for $1000: receive $870

Obvious outcome: sellers add 13% to the sale price.

[Damnsammit]

Jesus!  I'll have to keep that in mind if I do decide to go with eBay... or if I can even convince my wife to let me buy some ASICs to resell

[bitbigbird]

Why?
I am the person that you can trust and work with!
I think you get wrong information from the google translate.
You can downlown the IM softwere Aliwangwagn or QQ and talk with the custom service.
Or just email to me! 136651667@qq.com.

Thank you
Tom
http://friedcat.taobao.com

according to this:
http://translate.googleusercontent.com/translate_c?spm=2013.1.0.0.vOM5Uh&depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=auto&tl=en&u=http://item.taobao.com/item.htm%3Fid%3D26136168590&usg=ALkJrhiVdhqkLTSjKN41Uyf6bp8vwnN1JQ

Erupters are 88 Yuan that's what? $17 USD?

you cant trust the chinese!~

[Xian01]

I am the person that you can trust and work with!
I think you get wrong information from the google translate.
You can downlown the IM softwere Aliwangwagn or QQ and talk with the custom service.
Or just email to me! 136651667@qq.com.
Thank you
Tom
http://friedcat.taobao.com

So you are telling us you can sell 10GH/s blades to us for under $700 USD ?

3999Y ~= $ 655 USD ?

Why does this smell fishy to me ?

[bitbigbird]

sell 10G  > 10500Y ~= 2776 USD

sell 10G for 18.88 BTC.

3999 is deposit!!!!!!

3999 is deposit!!!!!!

3999 is deposit!!!!!!

3999 is deposit!!!!!!

3999 is deposit!!!!!!

3999 is deposit!!!!!!

3999 is deposit!!!!!!

3999 is deposit!!!!!!



http://friedcat.taobao.com
[/quote]

So you are telling us you can sell 10GH/s blades to us for under $700 USD ?

3999Y ~= $ 655 USD ?

Why does this smell fishy to me ?
[/quote]

[bitbigbird]

most of people use BTC(18.88) for New Blade 10G

I am the person that you can trust and work with!
I think you get wrong information from the google translate.
You can downlown the IM softwere Aliwangwagn or QQ and talk with the custom service.
Or just email to me! 136651667@qq.com.
Thank you
Tom
http://friedcat.taobao.com

So you are telling us you can sell 10GH/s blades to us for under $700 USD ?

3999Y ~= $ 655 USD ?

Why does this smell fishy to me ?

[PuertoLibre]

just my 2mBTC of calculation...

http://btcinvest.net/bitcoin-mining-profit-calculator.php?diff=21335329.113983&dcosts=1400&diff_mincrease=40&blpbtc=25&dhsmhs=10000&btcusd_mincrease=10&btcusd=74.60&dpowcon=30&dleadtime=2&pcost=0.25&calcweeks=52&action=calc

Please fix power consumption and diff increasements on your own.
40% / month are more than likely.

compare btc buy-in and mining buy-in results in USD as well as in BTC.

disclaimer: I am AM shareholder and own some UBE soon.

There is one critical flaw in that calculator.

The difficulty is increased at 30 day intervals. Even if set at 40% that is not reflective of reality.

If you decrease the interval to 14 days and 20% for that period, you'll see the end number change quite drastically.

I know, because I created an excel sheet to do this. I included the ability to change the period. The frequency of the difficulty change makes a dramatic difference in the overall sum of btc collected over the course of a year.

The calculator is (really good) but it doesn't have a realistic frequency for difficulty changes. So the numbers it gives are drastically different than what it should be.

any chance I could look at that spreadsheet?

Take a look for yourself:

http://speedy.sh/DhW2Q/ASICs-are-way-overpriced-1.xlsx

[PuertoLibre]

sell 10G  > 10500Y ~= 2776 USD

sell 10G for 18.88 BTC.

3999 is deposit!!!!!!

3999 is deposit!!!!!!

3999 is deposit!!!!!!

3999 is deposit!!!!!!

3999 is deposit!!!!!!

3999 is deposit!!!!!!

3999 is deposit!!!!!!

3999 is deposit!!!!!!



http://friedcat.taobao.com

So you are telling us you can sell 10GH/s blades to us for under $700 USD ?

3999Y ~= $ 655 USD ?

Why does this smell fishy to me ?

I think it is obvious that friedcat is generally aware of how much his blades will actually make over a long period of time.

If you buy a blade, you give friedcat [upfront] what the blade will produce (in BTC) in the next year.  So he takes on almost no risk selling you the blade. The ROI (when you make back what it costs) is "all risk" that is offloaded on you...so you assume the "full risk" over the next year.

To be honest buying a 10Gh/s blade at that price is sheer stupidity. Your basically giving friedcat what the blade will eventually produce up front. Then waiting for the next year [as the buyer] to make it back...if luck is with you.

----------------------------

The only reason anyone would buy a blade at this price is if your intended to offload it unto an even bigger idiot. Someone who is going to put *you* in the position of "friedcat". Your second hand buyer (if they are stupid enough) will buy it off you and give you the BTC or currency up front. While they take an even higher/compounding risk [no, a certainty] that they will not make it back in the next year.

If the blade does not make 18BTC over the next year....how will it make the extra profit that the reseller attaches to it??

It is just too stupid to contemplate.

[Carleton]

according to this:
http://translate.googleusercontent.com/translate_c?spm=2013.1.0.0.vOM5Uh&depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=auto&tl=en&u=http://item.taobao.com/item.htm%3Fid%3D26136168590&usg=ALkJrhiVdhqkLTSjKN41Uyf6bp8vwnN1JQ

Erupters are 88 Yuan that's what? $17 USD?

you cant trust the chinese!~

You guys are like, not reading it right.... They are not selling items, but selling tickets to join this bitcoin convention kind of deal.  If you are among the first 10 to sign up, you get a free USB miner, and first 100 gets free t-shirt

[Amph]

so they always aim at 3 months+ roi... i don't bother next time, waiting for their new price announcement

[innovation]

The final price of new blade and mini blade has not came out. Just waiting official announcement by friedcat.

[MikkisJ]

When will the price announcement be made? When they will start shipping?