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Author Topic: Block Erupter USB suddenly more expensive?  (Read 2229 times)
ranger719 (OP)
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November 25, 2013, 02:23:47 AM
 #1

They were selling on amazon for $14 a week or two ago

Now they're $54?

Can anyone explain this?

Thanks
monbux
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November 25, 2013, 02:27:52 AM
 #2

where is the link to this $14 one, I would like to have a look.
Sounds way too cheap to be true Tongue
odolvlobo
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November 25, 2013, 02:29:55 AM
 #3

They were selling on amazon for $14 a week or two ago
Now they're $54?
Can anyone explain this?

The price of a bitcoin has gone through the roof and people are still naive enough to pay more for the miner than it will ever mine.

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lightfoot
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November 25, 2013, 02:30:59 AM
 #4

People are stupid?

People cannot do math?

Hype?

Hyperbole?

Basically everyone thinks that bitcoin will go to infinity so they all want to "mine". But in this case it would be better to buy coin than mine, so people will buy coin.

Which is good for those of us who have miners because there is less competition, and because the prices of our product go up.

This is why I tell people why I was smarter to mine than buy bitcoin. Which is exactly the advice to give people now.

Weird.
ranger719 (OP)
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November 25, 2013, 02:42:35 AM
 #5

where is the link to this $14 one, I would like to have a look.
Sounds way too cheap to be true Tongue

I was $14 on a amazon.com page

I bought 4 just then Cheesy

But right now it's $54

It's the listing that's made by Jone's Gear.
lightfoot
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November 25, 2013, 02:54:58 AM
 #6

where is the link to this $14 one, I would like to have a look.
Sounds way too cheap to be true Tongue

I was $14 on a amazon.com page

I bought 4 just then Cheesy

But right now it's $54

It's the listing that's made by Jone's Gear.
Looks like it's time to sell my asic miners on Ebay. Fair enough; I doubt there is anyone here stupid enough to pay $40 bucks for one with bitcoin ($44-10% Ebay premium.) That would be .05btc; they are not going to mine that amount period.

Ah well. If anyone wants one for .05btc, drop me a line.

C
ranger719 (OP)
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November 25, 2013, 04:20:33 AM
 #7

where is the link to this $14 one, I would like to have a look.
Sounds way too cheap to be true Tongue

I was $14 on a amazon.com page

I bought 4 just then Cheesy

But right now it's $54

It's the listing that's made by Jone's Gear.
Looks like it's time to sell my asic miners on Ebay. Fair enough; I doubt there is anyone here stupid enough to pay $40 bucks for one with bitcoin ($44-10% Ebay premium.) That would be .05btc; they are not going to mine that amount period.

Ah well. If anyone wants one for .05btc, drop me a line.

C

I'll take multiple for 0.02 as long as they're working!
balanghai
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November 25, 2013, 04:22:57 AM
 #8

they don't compute and update the prices so the sellers take advantage of it and have earned more.
Itun
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November 25, 2013, 04:45:31 AM
 #9

I've seen ASIC USB miners at $10 on Amazon.

Well that was when a BTC was less than $150.

But now, with the crazy inflation (either inflation or deflation.. I don't know which), people stupidly started buying them at $40 each

If any of you have ASIC miners, I would suggest you sell them now.

You'll probably get so much more by selling them now then from keeping them to mine.
trevorh
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November 25, 2013, 04:47:33 AM
 #10

I bought a blade from Jones Gear on Amazon last week for $229. Now I see it's been repriced to $379. My purchase probably reminded them to update the price.  Grin I do have to say that Jones Gear gives great service.
ranger719 (OP)
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November 25, 2013, 05:04:57 AM
 #11

I bought a blade from Jones Gear on Amazon last week for $229. Now I see it's been repriced to $379. My purchase probably reminded them to update the price.  Grin I do have to say that Jones Gear gives great service.
Yeah I bought the USB Block Eruptors from the same store.

Damn it's gone up.
Itun
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November 25, 2013, 05:19:38 AM
 #12

I bought a blade from Jones Gear on Amazon last week for $229. Now I see it's been repriced to $379. My purchase probably reminded them to update the price.  Grin I do have to say that Jones Gear gives great service.

Nice! (sell it and make a nice profit! Wink )

When I bought some ASIC USBs I bought from them as well

Their customer service is so good
lightfoot
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November 25, 2013, 03:50:43 PM
 #13

where is the link to this $14 one, I would like to have a look.
Sounds way too cheap to be true Tongue

I was $14 on a amazon.com page

I bought 4 just then Cheesy

But right now it's $54

It's the listing that's made by Jone's Gear.
Looks like it's time to sell my asic miners on Ebay. Fair enough; I doubt there is anyone here stupid enough to pay $40 bucks for one with bitcoin ($44-10% Ebay premium.) That would be .05btc; they are not going to mine that amount period.

Ah well. If anyone wants one for .05btc, drop me a line.

C

I'll take multiple for 0.02 as long as they're working!
I smell a deal forming here. .035btc each, I have two..... Hell, I'll even put them in an envelope with a postage stamp :-)

C
Tommygun
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November 25, 2013, 03:54:43 PM
 #14

This is stupid.. its because people are willing to pay more. Just buy from sites which hasnt risen their prices yet
lightfoot
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November 25, 2013, 04:10:07 PM
 #15

This is stupid.. its because people are willing to pay more. Just buy from sites which hasnt risen their prices yet
Classic arbitage, but to be honest the right answer is just don't buy these things. They're cute, funny, but they are not for real mining.

A worthless item on sale for 50% off is still a worthless item.

C
Tommygun
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November 25, 2013, 04:24:50 PM
 #16

Just calculate it.. take the prices from those cheaper ones.. ASIC Labs told me that have 4 more 550ghs miners for sale, shipped within 10 days, I have bought one, dont have immediate money for another, but whoever buys it is in profit. thats for sure.

not stupid items at all
stromma44
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November 25, 2013, 04:32:38 PM
 #17

It seems like no matter what, buying ASIC miner is never good deal for buyer. And I though ASIC miner prices will go down...
dan244
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November 25, 2013, 04:33:42 PM
 #18

Nice way for newbs to start testing the waters and see how it works... but doesn't make sense to buy in bulk, better options out there.
pontiacg5
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November 25, 2013, 04:37:45 PM
 #19

I bought a bunch of blades for $180 shipped on amazon a few weeks ago, pretty happy with that choice now.


Please DO NOT send me private messages asking for help setting up GPU miners. I will not respond!!!
Tommygun
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November 25, 2013, 04:45:32 PM
 #20

No sense to buy in bulk?

I have to disagree - this is like the last 2-3 weeks where u can still have some "fun" with Blades and BF ones... if you want to buy some, buy it NOW and in BULK.

Sell it during january/february if u have to pay for electricity. keep if otherwise i guess.


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