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sf2
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August 14, 2013, 08:15:22 AM
Last edit: August 19, 2014, 05:16:10 AM by sf2 |
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sf2
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August 14, 2013, 08:19:29 AM
Last edit: August 19, 2014, 05:16:21 AM by sf2 |
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Lauda
Legendary
 Offline
Activity: 2674
Merit: 2965
Terminated.
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August 14, 2013, 10:09:33 AM |
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... Err. excuse me. ASICMiner put out a product that sold out within 30 minutes. Whose fault is is that it sold out? THE PEOPLE BUYING IT. Perhaps the USB sticks were just too sexy to resist  If you think everyone is pissed off with AM, then I guess the new blades won't sell at all .... fancy a bet on that? Yes indeed, most miners who buy AsicMinerUSBs either don't care about making a profit or are foolish enough to not realise that they made a loss buying them. The ASIC era has clearly shown how bitcoin is full of fools. Exactly. Unless the USB miners can be modified for other sha coins that a more profitable than bitcoin, you will never get ROI not to mention making a profit.. Either drive the price down, or increase the hashrate of the hardware. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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americandesi
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August 14, 2013, 11:26:59 AM |
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... Err. excuse me. ASICMiner put out a product that sold out within 30 minutes. Whose fault is is that it sold out? THE PEOPLE BUYING IT. Perhaps the USB sticks were just too sexy to resist If you think everyone is pissed off with AM, then I guess the new blades won't sell at all .... fancy a bet on that? Yes indeed, most miners who buy AsicMinerUSBs either don't care about making a profit or are foolish enough to not realise that they made a loss buying them. The ASIC era has clearly shown how bitcoin is full of fools. Exactly. Unless the USB miners can be modified for other sha coins that a more profitable than bitcoin, you will never get ROI not to mention making a profit.. Either drive the price down, or increase the hashrate of the hardware. You mean other scrypt based coins.! USB miners can already mine other SHA 256 coins like TRC and PPC apart from bitcoin. |
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kano
Legendary
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Activity: 4508
Merit: 1819
Linux since 1997 RedHat 4
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August 14, 2013, 11:46:10 AM |
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... Err. excuse me. ASICMiner put out a product that sold out within 30 minutes. Whose fault is is that it sold out? THE PEOPLE BUYING IT. Perhaps the USB sticks were just too sexy to resist If you think everyone is pissed off with AM, then I guess the new blades won't sell at all .... fancy a bet on that? Yes indeed, most miners who buy AsicMinerUSBs either don't care about making a profit or are foolish enough to not realise that they made a loss buying them. The ASIC era has clearly shown how bitcoin is full of fools. As far as i know this is the only show in town at this time. So, the only self mining show in town at the moment is to lose money ... that makes bitcoin look pretty bad ... |
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JimiQ84
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August 14, 2013, 12:16:59 PM |
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... Err. excuse me. ASICMiner put out a product that sold out within 30 minutes. Whose fault is is that it sold out? THE PEOPLE BUYING IT. Perhaps the USB sticks were just too sexy to resist If you think everyone is pissed off with AM, then I guess the new blades won't sell at all .... fancy a bet on that? Yes indeed, most miners who buy AsicMinerUSBs either don't care about making a profit or are foolish enough to not realise that they made a loss buying them. The ASIC era has clearly shown how bitcoin is full of fools. As far as i know this is the only show in town at this time. So, the only self mining show in town at the moment is to lose money ... that makes bitcoin look pretty bad ... It makes buying BTC look damn good |
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neilol
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August 14, 2013, 04:01:25 PM |
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... Err. excuse me. ASICMiner put out a product that sold out within 30 minutes. Whose fault is is that it sold out? THE PEOPLE BUYING IT. Perhaps the USB sticks were just too sexy to resist If you think everyone is pissed off with AM, then I guess the new blades won't sell at all .... fancy a bet on that? Yes indeed, most miners who buy AsicMinerUSBs either don't care about making a profit or are foolish enough to not realise that they made a loss buying them. The ASIC era has clearly shown how bitcoin is full of fools. As far as i know this is the only show in town at this time. So, the only self mining show in town at the moment is to lose money ... that makes bitcoin look pretty bad ... It makes buying BTC look damn good idk about that... whats your reasoning? Hashrate should follow price, not the other way around |
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sf2
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August 14, 2013, 07:52:10 PM
Last edit: August 19, 2014, 05:16:31 AM by sf2 |
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Tsukene
Member
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Activity: 117
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August 14, 2013, 07:53:40 PM |
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can't wait for prices
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Make my day! Say thanks if you found me helpful: 34qMeWBdbF47TH65SzWg9iva4M6KvWGPD2 Thanks in advance |
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klondike_bar
Legendary
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Activity: 2128
Merit: 1005
ASIC Wannabe
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August 14, 2013, 09:06:58 PM |
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... Err. excuse me. ASICMiner put out a product that sold out within 30 minutes. Whose fault is is that it sold out? THE PEOPLE BUYING IT. Perhaps the USB sticks were just too sexy to resist If you think everyone is pissed off with AM, then I guess the new blades won't sell at all .... fancy a bet on that? Yes indeed, most miners who buy AsicMinerUSBs either don't care about making a profit or are foolish enough to not realise that they made a loss buying them. The ASIC era has clearly shown how bitcoin is full of fools. I bought 2 with the possible goals: 1) resell for outrageous profit 2) mine for 2-3 months, recouping as much cost as i can, so that : 2a) resell hardware for whatever its worth 2b) keep the hardware as a momento of the ASIC wave turns out, option 1 is what happened. I resold the first for 1.25BTC (I paid 1.48BTC for both), and the second for 4oz of silver bullion (~$88) and 0.12BTC. During the process, I mined about 0.073 BTC say what you like, but there is some margin for profit! |
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arklan
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Activity: 1778
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August 15, 2013, 12:15:21 AM |
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i don't think i've missed anything, but just in case:
has there been any official word about the restock of asicminer hardware that was supposed to happen last weekend?
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i don't post much, but this space for rent.
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ninjarobot
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August 15, 2013, 01:14:30 AM |
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ASICMiner put out a product that sold out within 30 minutes. Whose fault is is that it sold out? THE PEOPLE BUYING IT. Perhaps the USB sticks were just too sexy to resist ASICMiner is like the Apple of mining hardware. ....must...get...the...new...shiny...! |
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mo_mo
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August 15, 2013, 01:21:50 AM |
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which link can you buy these from
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Xian01
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Activity: 1652
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Christian Antkow
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August 15, 2013, 05:46:17 AM |
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has there been any official word about the restock of asicminer hardware that was supposed to happen last weekend?
Haven't heard anything yet  Have an email into friedcat myself, FWIW. |
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arklan
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Activity: 1778
Merit: 1008
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August 15, 2013, 06:25:20 AM |
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has there been any official word about the restock of asicminer hardware that was supposed to happen last weekend?
Thanks for the reply. Good to know i'm not the only one on the ropes. Haven't heard anything yet Have an email into friedcat myself, FWIW. |
i don't post much, but this space for rent.
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fumble
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Activity: 35
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August 15, 2013, 08:55:03 AM |
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ASICMINER hardware has from its inception been a hardly break even, or negative expectation as far as ROI.
Why would they sell them for what they could mine with them? They should just mine with them in that case. Instead, they place the price higher than what they think they can mine with them and sell them to as many suckers as possible.
And it worked... it is truly genius!
Indeed! People look at the current calculator and say "13GH/s will net me 0.17BTC a day! This thing will pay itself off in less than 2 months!" And they never think to look at the difficulty increases and how that will effect them. Yup and the problems is they (ASICMINER) have created thousands and thousands of pissed off customers that thought they were going to "print money" but got taken to the cleaners. Trying to appease them with discounted .1 BTC USB sticks will not make up for the loss incurred. Taking advantage of the uninformed is only a poor short term business model. Most companies succeed on repeat business and word of mouth to survive in the long run. Err. excuse me. ASICMiner put out a product that sold out within 30 minutes. Whose fault is is that it sold out? THE PEOPLE BUYING IT. Perhaps the USB sticks were just too sexy to resist If you think everyone is pissed off with AM, then I guess the new blades won't sell at all .... fancy a bet on that? You must be a shareholder as you obviously didn't understand what I wrote. The only people making money are the shareholders and re-sellers, not the end user mining. Selling out does not equal customer satisfaction. A lot of noobs google bitcoin calculator and find one that doesnt add difficulty increases and they think they can make some serious cash. I never once said "everyone". Stop being so defensive. I said thousands. How many usb sticks were sold? 10,000? 20,000? There are 7+ billion people on this planet, a fool is born every second. Will they sell out? Most likely. Will customers be satisfied? Someone should start a yelp listing for ASICMINER. Don't get me wrong. I will buy if the price is right. |
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empoweoqwj
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August 15, 2013, 09:11:19 AM |
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just to quote what you said:
"(ASICMINER) have created thousands and thousands of pissed off customers that thought they were going to "print money" but got taken to the cleaners"
AM didn't tell them they were going to "print money", the customers didn't do their due diligence. Not AM's fault.
Presumably all these thousands and thousands of "pissed off" customers won't come back, and that will be the end of AM's hardware sales. Or perhaps they will sell out in days again?
I'm just struggling to understand why you are having a go at AM? They made no false promises with their products, did not guarantee or even suggest any returns, simply put a product out there that people couldn't get enough of. Nobody forced anyone to buy them. People want mining equipment now, not vaporware that may appear or may not appear.
If people can't use a ROI investment calculator then they shouldn't be in this business. Again, their responsibility, not AM's.
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ameer1367
Newbie
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Activity: 45
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August 15, 2013, 11:35:29 AM |
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ASICMINER hardware has from its inception been a hardly break even, or negative expectation as far as ROI.
Why would they sell them for what they could mine with them? They should just mine with them in that case. Instead, they place the price higher than what they think they can mine with them and sell them to as many suckers as possible.
And it worked... it is truly genius!
Indeed! People look at the current calculator and say "13GH/s will net me 0.17BTC a day! This thing will pay itself off in less than 2 months!" And they never think to look at the difficulty increases and how that will effect them. not true. hardware investment will break even in 112. do the counting: http://www.bitcoinx.com/profit/ |
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AsicShill
Newbie
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Activity: 42
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August 15, 2013, 11:43:04 AM |
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You are using a misleading calculator. Use the expert mode on http://www.coinish.com/calc and try to understand all the "reduction" portions. There is no "BE" (break even) for the BE (block eruptor). |
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americandesi
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August 15, 2013, 11:55:31 AM |
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ASICMINER hardware has from its inception been a hardly break even, or negative expectation as far as ROI.
Why would they sell them for what they could mine with them? They should just mine with them in that case. Instead, they place the price higher than what they think they can mine with them and sell them to as many suckers as possible.
And it worked... it is truly genius!
Indeed! People look at the current calculator and say "13GH/s will net me 0.17BTC a day! This thing will pay itself off in less than 2 months!" And they never think to look at the difficulty increases and how that will effect them. not true. hardware investment will break even in 112. do the counting: http://www.bitcoinx.com/profit/Not possible. What is the value you are using for profitability decline per year.? use mining.thegenesisblock.com to give you a month to month picture. |
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