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Author Topic: [Block Erupter Blade (New Model)]Low Price, Limited Quantity  (Read 39414 times)
creativex
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September 02, 2013, 06:10:59 PM
#21

Everyone says they need to inform the clueless about BFL's practices.  I am only doing the same about these.  If you shout down the logic you are condoning the practice of ripping people off for profit.  If people have been warned and still buy, then there is nothing I can do but say "I warned you".

How noble of you, but you seem to be going through contortions of logic in an effort to ignore the glaringly obvious.

If a customer receives the product ordered, in the condition described, at the price agreed upon, delivered at the agreed upon time...then there is no robbery...highway or otherwise. Whether this is a good deal or not and whether it will provide a positive ROI is open for debate, but calling this "highway robbery" is ridiculous and makes you sound rather silly.

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September 02, 2013, 06:13:04 PM
#22

Ah, yes, you can have it now, you just get $^%&#^ in the process.  It's been true ever since May 4th when the 1.99BTC erupters came out, why should it be any different now?  Spare me your sanctimonious crap, it's still highway robbery.
Huh? How is 10 GH/s for 4 BTC delivered immediately highway robbery? That's the same price as a BFL pre-order due to ship in "2 or more months".

 I'm looking at this as "100 GH/s for less than 40 BTC" and am seriously thinking of pulling the trigger. Have an inquiry in with one of the resellers.
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September 02, 2013, 06:14:14 PM
#23

Ah, yes, you can have it now, you just get $^%&#^ in the process.  It's been true ever since May 4th when the 1.99BTC erupters came out, why should it be any different now?  Spare me your sanctimonious crap, it's still highway robbery.
Huh? How is 10 GH/s for 4 BTC delivered immediately highway robbery? That's the same price as a BFL pre-order due to ship in "2 or more months".

 I'm looking at this as "100 GH/s for less than 40 BTC" and am seriously thinking of pulling the trigger. Have an inquiry in with one of the resellers.

yeah I hear ya, its one of the best deals out there atm and u can get the HW within a week or so...hopefully!
Theres a chance of it actually making ROI....

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September 02, 2013, 06:19:33 PM
#24

I cannot get them right this second or this week, no.  But that still does not make the prices not highway robbery.

So you agree BFL prices are highway robbery too. Why would you keep an order with them if you consider it highway robbery?

There's really no point for anyone to buy anything ASIC related. Really. The chips are so cheap to produce but have incredibly levels of markup, no one will turn a profit save for the people selling the shovels. Everyone loves to whip on BFL, but the fact is if their gear isn't profitable, absolutely no one else's is either. It's essentially games over time; the difference between production cost and shipping price of Asics is too great, enabling a huge flood of chips to the market that make it impossible for anyone to earn a return.

So what do we do now? Beg for higher btc prices to save the system? Hope that people run unprofitable operations so that transactions can process? I don't know an answer, but its clear to me that the evolution to Asics was one of greed only (no, it never was about protecting the network), and now it threatens to take down the whole system.

No one even has a clue how much hashing power is in the fabs right now. It's impossible to build any form of projections without that simplest piece of information. I'm sorry, but there's no way that I can see this situation being explained to actually be a positive for the coin...
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September 02, 2013, 06:24:18 PM
#25

I cannot get them right this second or this week, no.  But that still does not make the prices not highway robbery.

So you agree BFL prices are highway robbery too. Why would you keep an order with them if you consider it highway robbery?
Since my opinion has not changed since I made my purchase, why should I demand a refund when I knew the story before I bought?  *I* knew I'd be using my GPU regardless of the electricity cost just as I'll be using the Jalapeno regardless of the return.  *I'm* not buying with my eyes full of $$$$ and I could care less about short term RoI.  I made an investment, and in the long run, I believe my investment will pay off more than yours.  I barely had 2BTC in hand back in June, instead of spending it, I invested it.  I made my purchase with USD, which I could not have done to get the USB.  Let's check what would have happened if I had bought the USB with my 2BTC... I'd have spent 1.99BTC ($250) for a USB device and I'd have gotten less than .75BTC in return (I've had 300MH pointed at BTC guild since I placed my order and as of today that is at 0.66456736 BTC. Multiply by 1.11 and you get .73766977BTC).  So, today I'd have ~1.4BTC and a shiny trinket.  What do I have today?  5.3BTC and an order 15 times as powerful.  Yea, I sure was stupid, wasn't I?  NOT!

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September 02, 2013, 06:24:30 PM
#26

Greed is what got humankind where it is. Greed is the engine pushing us forward. Embrace the greed! :-)
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September 02, 2013, 06:28:39 PM
#27


 One back-plane will be provided per ten Block Erupter Blade (New Model).


Will there be an option to purchase back planes separately?

The resellers may not have enough for those wanting to use the backplane for 4-8 Blades.

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September 02, 2013, 06:29:02 PM
#28

Quote
One back-plane will be provided per ten Block Erupter Blade (New Model).

Is a purchase of 10 minimum to get the backplane? or when ordering any number between 1-10 will you get a backplane?

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September 02, 2013, 06:36:59 PM
#29

Since my opinion has not changed since I made my purchase, why should I demand a refund when I knew the story before I bought?  *I* knew I'd be using my GPU regardless of the electricity cost just as I'll be using the Jalapeno regardless of the return.  *I'm* not buying with my eyes full of $$$$ and I could care less about short term RoI.  I made an investment, and in the long run, I believe my investment will pay off more than yours.  I barely had 2BTC in hand back in June, instead of spending it, I invested it.  I made my purchase with USD, which I could not have done to get the USB.  Let's check what would have happened if I had bought the USB with my 2BTC... I'd have spent 1.99BTC ($250) for a USB device and I'd have gotten less than .75BTC in return (I've had 300MH pointed at BTC guild since I placed my order and as of today that is at 0.66456736 BTC. Multiply by 1.11 and you get .73766977BTC).  So, today I'd have ~1.4BTC and a shiny trinket.  What do I have today?  5.3BTC and an order 15 times as powerful.  Yea, I sure was stupid, wasn't I?  NOT!

WTF are you talking about? I'm talking about placing an order today. You call 10 GH/s for 4 BTC delivery in maybe a week, "highway robbery". What do you call BFL's 5 GH/s for 2 BTC delivered in "2 or more months"?

Buy & Hold
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September 02, 2013, 06:37:31 PM
#30

Ah, yes, you can have it now, you just get $^%&#^ in the process.  It's been true ever since May 4th when the 1.99BTC erupters came out, why should it be any different now?  Spare me your sanctimonious crap, it's still highway robbery.
Huh? How is 10 GH/s for 4 BTC delivered immediately highway robbery? That's the same price as a BFL pre-order due to ship in "2 or more months".

 I'm looking at this as "100 GH/s for less than 40 BTC" and am seriously thinking of pulling the trigger. Have an inquiry in with one of the resellers.

yeah I hear ya, its one of the best deals out there atm and u can get the HW within a week or so...hopefully!
Theres a chance of it actually making ROI....

No, there is no chance.

Next difficulty will be over 100mm, and who knows what the one after that will be. 200mm?

So, yes, go ahead and buy. If you live at home, in a dorm,or use your employers resources, you'll see some coins come in. But at this point it's all dead money. In not too much longer the bitcoin experiment is going to wind up showing conclusively why central authorities are valuable for economies.

With the fed, sure, money gets printed. But everyone knows how much there is and trusts that the fed wont be irresponsible and dump too many dollars on the market at once. In bitcoin land, yes, we all know how many coins are in circulation. But all the ASIC vendors are displaying zero responsibility towards the network. You can't bash the fed for printing dollars and cheer the waterfall of Asics hurting the market; it's the same process, except one is charged with trying to promote stability and the others are all driven by short term profits, the effects of all those chips hitting the network be damned

Again, I'd love someone to change my mind, but its becoming more and more clear by the day that this experiment is on the. Edge of failing.
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September 02, 2013, 06:37:58 PM
#31

What everyone else is saying.. interested in the backplane.. without 10 boards..
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September 02, 2013, 06:59:46 PM
#32

Since my opinion has not changed since I made my purchase, why should I demand a refund when I knew the story before I bought?  *I* knew I'd be using my GPU regardless of the electricity cost just as I'll be using the Jalapeno regardless of the return.  *I'm* not buying with my eyes full of $$$$ and I could care less about short term RoI.  I made an investment, and in the long run, I believe my investment will pay off more than yours.  I barely had 2BTC in hand back in June, instead of spending it, I invested it.  I made my purchase with USD, which I could not have done to get the USB.  Let's check what would have happened if I had bought the USB with my 2BTC... I'd have spent 1.99BTC ($250) for a USB device and I'd have gotten less than .75BTC in return (I've had 300MH pointed at BTC guild since I placed my order and as of today that is at 0.66456736 BTC. Multiply by 1.11 and you get .73766977BTC).  So, today I'd have ~1.4BTC and a shiny trinket.  What do I have today?  5.3BTC and an order 15 times as powerful.  Yea, I sure was stupid, wasn't I?  NOT!

WTF are you talking about? I'm talking about placing an order today. You call 10 GH/s for 4 BTC delivery in maybe a week, "highway robbery". What do you call BFL's 5 GH/s for 2 BTC delivered in "2 or more months"?
I already have a unit on order, WHY should I cancel it to get something that uses more power and won't remain profitable as long JUST cause I can get it in a week?  The current difficulty will be changed before I get this unit, IF I were stupid enough to buy it.  If I split the difference and use 75 and the current rate of difficulty increase, I'll come out -.5BTC after 6 months.  I can do a lot better just investing my BTC in the 0.05% daily return over on Havelock, where I'd have at least .7BTC more than if I bought this junk.

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I embrace my inner Kool-Aid.
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September 02, 2013, 07:09:05 PM
#33

Since my opinion has not changed since I made my purchase, why should I demand a refund when I knew the story before I bought?  *I* knew I'd be using my GPU regardless of the electricity cost just as I'll be using the Jalapeno regardless of the return.  *I'm* not buying with my eyes full of $$$$ and I could care less about short term RoI.  I made an investment, and in the long run, I believe my investment will pay off more than yours.  I barely had 2BTC in hand back in June, instead of spending it, I invested it.  I made my purchase with USD, which I could not have done to get the USB.  Let's check what would have happened if I had bought the USB with my 2BTC... I'd have spent 1.99BTC ($250) for a USB device and I'd have gotten less than .75BTC in return (I've had 300MH pointed at BTC guild since I placed my order and as of today that is at 0.66456736 BTC. Multiply by 1.11 and you get .73766977BTC).  So, today I'd have ~1.4BTC and a shiny trinket.  What do I have today?  5.3BTC and an order 15 times as powerful.  Yea, I sure was stupid, wasn't I?  NOT!

WTF are you talking about? I'm talking about placing an order today. You call 10 GH/s for 4 BTC delivery in maybe a week, "highway robbery". What do you call BFL's 5 GH/s for 2 BTC delivered in "2 or more months"?
I already have a unit on order, WHY should I cancel it to get something that uses more power and won't remain profitable as long JUST cause I can get it in a week?  The current difficulty will be changed before I get this unit, IF I were stupid enough to buy it.  If I split the difference and use 75 and the current rate of difficulty increase, I'll come out -.5BTC after 6 months.  I can do a lot better just investing my BTC in the 0.05% daily return over on Havelock, where I'd have at least .7BTC more than if I bought this junk.


Good luck with Jalapeno shipped in november
http://mining.thegenesisblock.com/a/9e2c5ccaa8
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September 02, 2013, 07:10:00 PM
#34

i wish we had a price drop here.

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bcp19
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September 02, 2013, 07:13:03 PM
#35

Since my opinion has not changed since I made my purchase, why should I demand a refund when I knew the story before I bought?  *I* knew I'd be using my GPU regardless of the electricity cost just as I'll be using the Jalapeno regardless of the return.  *I'm* not buying with my eyes full of $$$$ and I could care less about short term RoI.  I made an investment, and in the long run, I believe my investment will pay off more than yours.  I barely had 2BTC in hand back in June, instead of spending it, I invested it.  I made my purchase with USD, which I could not have done to get the USB.  Let's check what would have happened if I had bought the USB with my 2BTC... I'd have spent 1.99BTC ($250) for a USB device and I'd have gotten less than .75BTC in return (I've had 300MH pointed at BTC guild since I placed my order and as of today that is at 0.66456736 BTC. Multiply by 1.11 and you get .73766977BTC).  So, today I'd have ~1.4BTC and a shiny trinket.  What do I have today?  5.3BTC and an order 15 times as powerful.  Yea, I sure was stupid, wasn't I?  NOT!

WTF are you talking about? I'm talking about placing an order today. You call 10 GH/s for 4 BTC delivery in maybe a week, "highway robbery". What do you call BFL's 5 GH/s for 2 BTC delivered in "2 or more months"?
I already have a unit on order, WHY should I cancel it to get something that uses more power and won't remain profitable as long JUST cause I can get it in a week?  The current difficulty will be changed before I get this unit, IF I were stupid enough to buy it.  If I split the difference and use 75 and the current rate of difficulty increase, I'll come out -.5BTC after 6 months.  I can do a lot better just investing my BTC in the 0.05% daily return over on Havelock, where I'd have at least .7BTC more than if I bought this junk.


Good luck with Jalapeno shipped in november
http://mining.thegenesisblock.com/a/9e2c5ccaa8
I didn't spend BTC on it, so it really looks like this:  http://mining.thegenesisblock.com/a/c929aab29c

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I embrace my inner Kool-Aid.
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September 02, 2013, 07:16:23 PM
#36

should it be any different now?  Spare me your sanctimonious crap, it's still highway robbery.

Come on dude, it's not like you are forced to buy these.  If you don't like the deal, you just don't buy.  Nobody robs you.

Everyone says they need to inform the clueless about BFL's practices.  I am only doing the same about these.  If you shout down the logic you are condoning the practice of ripping people off for profit.  If people have been warned and still buy, then there is nothing I can do but say "I warned you".



  All I ask is you mention the btc price needs to rise or the blades are a long term fail.  btc was 85 usd in early aug it is now 131 usd these are coinbase prices So in 1 month price rose 55 %..    so in

one month btc price    will be    203 usd.  
two months btc price   will be   314 usd.
three months btc price will be   486 usd.
then  753   usd  
then  1167 usd      in 5 months

why not coins were 10 bucks last year   jumped all the way to 240 and now are 131   so 10 x 13 = 130    they are 13 fold in price from a year ago today 13 x 131 = 1700usd a btc


please if you want to argue diff going up mention btc price going up.  or for that matter going down.

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September 02, 2013, 07:18:20 PM
#37

Since my opinion has not changed since I made my purchase, why should I demand a refund when I knew the story before I bought?  *I* knew I'd be using my GPU regardless of the electricity cost just as I'll be using the Jalapeno regardless of the return.  *I'm* not buying with my eyes full of $$$$ and I could care less about short term RoI.  I made an investment, and in the long run, I believe my investment will pay off more than yours.  I barely had 2BTC in hand back in June, instead of spending it, I invested it.  I made my purchase with USD, which I could not have done to get the USB.  Let's check what would have happened if I had bought the USB with my 2BTC... I'd have spent 1.99BTC ($250) for a USB device and I'd have gotten less than .75BTC in return (I've had 300MH pointed at BTC guild since I placed my order and as of today that is at 0.66456736 BTC. Multiply by 1.11 and you get .73766977BTC).  So, today I'd have ~1.4BTC and a shiny trinket.  What do I have today?  5.3BTC and an order 15 times as powerful.  Yea, I sure was stupid, wasn't I?  NOT!

WTF are you talking about? I'm talking about placing an order today. You call 10 GH/s for 4 BTC delivery in maybe a week, "highway robbery". What do you call BFL's 5 GH/s for 2 BTC delivered in "2 or more months"?
I already have a unit on order, WHY should I cancel it to get something that uses more power and won't remain profitable as long JUST cause I can get it in a week?  The current difficulty will be changed before I get this unit, IF I were stupid enough to buy it.  If I split the difference and use 75 and the current rate of difficulty increase, I'll come out -.5BTC after 6 months.  I can do a lot better just investing my BTC in the 0.05% daily return over on Havelock, where I'd have at least .7BTC more than if I bought this junk.


Good luck with Jalapeno shipped in november
http://mining.thegenesisblock.com/a/9e2c5ccaa8

Bcp,

I mostly agree with your points here and elsewhere, but this one is a losing fight;

A block eruptor blade at this point is far superior to a jalape駉; you could get the blade and watch difficulty adjust once, maybe twice, while you wait; waiting for the jalape駉 means probably 6 or 8 difficulty adjustments will go by. Basically though, NEITHER will be profitable, but the eruptor will lose it slower by virtue of getting it at a lower difficulty.

Yes, AM has typically sold asics at extreme markups because they could boast that theirs would ship immediately, and that's been bad for people returns; the world will look a lot different come November; basically the way things look, no miner will be profitable. There's no sense in arguing semantics, defending bfl or am, they both offer exceedingly poor deals at this point.
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September 02, 2013, 07:21:22 PM
#38

should it be any different now?  Spare me your sanctimonious crap, it's still highway robbery.

Come on dude, it's not like you are forced to buy these.  If you don't like the deal, you just don't buy.  Nobody robs you.

Everyone says they need to inform the clueless about BFL's practices.  I am only doing the same about these.  If you shout down the logic you are condoning the practice of ripping people off for profit.  If people have been warned and still buy, then there is nothing I can do but say "I warned you".



  All I ask is you mention the btc price needs to rise or the blades are a long term fail.  btc was 85 usd in early aug it is now 131 usd these are coinbase prices So in 1 month price rose 55 %..    so in

one month btc price    will be    203 usd.  
two months btc price   will be   314 usd.
three months btc price will be   486 usd.
then  753   usd  
then  1167 usd      in 5 months

why not coins were 10 bucks last year   jumped all the way to 240 and now are 131   so 10 x 13 = 130    they are 13 fold in price from a year ago today 13 x 131 = 1700usd a btc


please if you want to argue diff going up mention btc price going up.  or for that matter going down.
Ah, but every time I do that I get the old "You would have been better off buying BTC and holding it" nonsense.  Now you are speculating on the rise/fall of BTC to possibly get RoI.  In this instance though, if you spend 4BTC, regardless of BTC price, you cannot mine 4BTC back.  It *looks* like you can if you use the current 65M difficulty, but we are already a week past the last jump and Difficulty will be 85+ by the time these arrive.  

EVERYTHING can get more USD than you paid for it IF the BTC price goes up enough.  The porponents will argue that you lost out though by not buying BTC and holding.

I do not suffer fools gladly... "Captain!  We're surrounded!"
I embrace my inner Kool-Aid.
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September 02, 2013, 07:27:14 PM
#39

Since my opinion has not changed since I made my purchase, why should I demand a refund when I knew the story before I bought?  *I* knew I'd be using my GPU regardless of the electricity cost just as I'll be using the Jalapeno regardless of the return.  *I'm* not buying with my eyes full of $$$$ and I could care less about short term RoI.  I made an investment, and in the long run, I believe my investment will pay off more than yours.  I barely had 2BTC in hand back in June, instead of spending it, I invested it.  I made my purchase with USD, which I could not have done to get the USB.  Let's check what would have happened if I had bought the USB with my 2BTC... I'd have spent 1.99BTC ($250) for a USB device and I'd have gotten less than .75BTC in return (I've had 300MH pointed at BTC guild since I placed my order and as of today that is at 0.66456736 BTC. Multiply by 1.11 and you get .73766977BTC).  So, today I'd have ~1.4BTC and a shiny trinket.  What do I have today?  5.3BTC and an order 15 times as powerful.  Yea, I sure was stupid, wasn't I?  NOT!

WTF are you talking about? I'm talking about placing an order today. You call 10 GH/s for 4 BTC delivery in maybe a week, "highway robbery". What do you call BFL's 5 GH/s for 2 BTC delivered in "2 or more months"?
I already have a unit on order, WHY should I cancel it to get something that uses more power and won't remain profitable as long JUST cause I can get it in a week?  The current difficulty will be changed before I get this unit, IF I were stupid enough to buy it.  If I split the difference and use 75 and the current rate of difficulty increase, I'll come out -.5BTC after 6 months.  I can do a lot better just investing my BTC in the 0.05% daily return over on Havelock, where I'd have at least .7BTC more than if I bought this junk.

Sorry if I used too many words for you. Let my try one simple question.

Is BFL's current offer of 5 GH/s for 2 BTC delivered in "2 or more months" also "highway robbery"?

Buy & Hold
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September 02, 2013, 07:29:54 PM
#40

Bcp,

I mostly agree with your points here and elsewhere, but this one is a losing fight;

A block eruptor blade at this point is far superior to a jalape駉; you could get the blade and watch difficulty adjust once, maybe twice, while you wait; waiting for the jalape駉 means probably 6 or 8 difficulty adjustments will go by. Basically though, NEITHER will be profitable, but the eruptor will lose it slower by virtue of getting it at a lower difficulty.

Yes, AM has typically sold asics at extreme markups because they could boast that theirs would ship immediately, and that's been bad for people returns; the world will look a lot different come November; basically the way things look, no miner will be profitable. There's no sense in arguing semantics, defending bfl or am, they both offer exceedingly poor deals at this point.
You are the first person to speak sense.  +1

I know value vs value is like a bird in the hand being worth more than 2 in the bush.  Being a better value don't make it worth buying though.

I already gambled with my prior mining income and gotten more back than I spent for my Jala.  I may or may not have done as well if I had had 2x the BTC to play with, just cause I turned 2BTC into 5.3BTC don't mean 4BTC would have ended up 10.6BTC.

The ONLY thing people can do today is gamble that BTC value will increase and they will end up with more Fiat than they started with.  Bring on the clowns and their "you shoulda bought BTC and held!"

I do not suffer fools gladly... "Captain!  We're surrounded!"
I embrace my inner Kool-Aid.
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