KNC ROI Figures

[DeathAndTaxes]

Anyone thinking difficulty will only go up 400% or 1000% and flatline is likely going to be poorer for that faulty logic.

And why is that so hard to imagine? The madness is tied to the price of bitcoin, so it will stop at some point unless the value of the bitcoin goes up.

1) Because the amount of EXISTING pre-orders are is already more than that. 

2) The margins on ASICs are still very high so once sales slow down to a trickle because annual ROI drops to something pathetic like 20% per year, the producers can cut the price by 50% and sell even more, then cut the price by another 50% and sell even more and by then have the funds to finance smaller/faster/better/cheaper ASICs.

[Ytterbium]

Yes because if they say they're on track for September then it must be correct. Damn the people ("trolls") who question anything or demand answers right? I've seen it happen time and time again in the KNC thread.

The point is that if they are liars, then it wouldn't matter if they had announced a tapeout or not, because they could just lie about it.

[HeRetiK]

Regarding the tape-out discussion:

https://bitcointalk.org/index.php?topic=170332.msg2832504#msg2832504

Hi Guys

We would like to say that. Yes....we did tape-out of the ASIC some time ago. The exact details of the ASIC schedule, volumes, vendor etc. is kept internal since it's very sensitive information towards competitors. The product development tasks are on-track."

We are still on schedule to begin shipping in September.

Thanks
KnCMiner Team

[Ytterbium]

Remember all those scam ASIC companies? Same excuse.

Same excuse for what? You not knowing they said they taped out?  But so what? If you think they're untrustworthy, why does it matter what they say?

Either they are honest, in which case it was obvious that they'd taped out, or they are dishonest and could lie about their tape out date.

[polarhei]

Yes because if they say they're on track for September then it must be correct. Damn the people ("trolls") who question anything or demand answers right? I've seen it happen time and time again in the KNC thread.

The point is that if they are liars, then it wouldn't matter if they had announced a tapeout or not, because they could just lie about it.

There are liars inside. Why they introduce this instead of they do themselves? Why these people use pre-orders instead of first come first served? Why they don't borrow 2000K USD to do themselves first like AMD?

[polarhei]

Remember all those scam ASIC companies? Same excuse.

Same excuse for what? You not knowing they said they taped out?  But so what? If you think they're untrustworthy, why does it matter what they say?

Either they are honest, in which case it was obvious that they'd taped out, or they are dishonest and could lie about their tape out date.

OrSoc is the shield of these spsuspected scammers,looking like highly possible to beam out, Like What Avalon has performed on the 1500 sets of ASIC miners.

[polarhei]

Anyone thinking difficulty will only go up 400% or 1000% and flatline is likely going to be poorer for that faulty logic.

And why is that so hard to imagine? The madness is tied to the price of bitcoin, so it will stop at some point unless the value of the bitcoin goes up.

Higher the price in fiat, then more people will do. WE shall see.