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Author Topic: Buying LTCgear 2nd Gen pre – ASIC NOW vs. 1000 share NOW  (Read 1849 times)
Truther (OP)
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December 10, 2014, 04:24:54 AM
 #1

Since it is a pre-order we're taking the risk along with Chris in this new venture, for that he's giving those who are daring enough a deep discount. The best way to look at the Gen2 is you are paying for 2 week ROI once its online and the extra share payment up to the time the Gen2's come online is just icing on the cake. I imagine that when the Gen2's come on line the price point will likely be around the value of 6-10 week ROI or 3-4x the current price.

Basically

GEN 2 10 Shares
Buy Now
Cost
$273

"Standby Earning" 30000 Scrypt 1/2.5 (40%) = 120 shares
$6 a week ROI 52 weeks
(total earned by projected launch 15 weeks) $70-90

"Projected Earning" Based on Coinwars Feather Coin mining Calc
$127 a week ROI  2 weeks

BUY AT RELEASE
Estimated cost
$700-$1200

"Projected Earning" Based on Coinwars Feather Coin mining Calc
$127 a week ROI  6-10 weeks

If you accept these estimations, if you compare those who bought today to those on release.
To be fair I'll add if you bought standard shares till launch

$273 = 1000 share = $50 per week
$50 x 15 weeks = $750-273= $473 after ROI 

BUY NOW:  $273 -$70 (SE) = $203 cost at launch

Perfect World..lol
BUY LATER: $700-473 = $227 cost at launch

(adjusting share returns to $40 and Cost t0 $1200 because "Real World")
$40 x 15 weeks = $600-$273= $327 after ROI

Real World
BUY LATER: $1200-$327= $873 cost at launch

In Short:

NOW=$203
LATER=$227 to $873 (if you buy 1k shares now instead)

I'd also like to add that a model very similar to GEN2 mining is already being used
by HASH PROFIT at a much higher buy in by comparison, but the returns are steady with little depreciation.
You can see the cost difference and payouts for yourself
at https://hashprofit.com/en/khs/?hp=94533
I'd do the math but my head hurts now.

Hope this help some of you out who have be asking if it is better to buy now or later.

Final Result buy GEN2's now, before retail price!
cypher21
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December 10, 2014, 02:27:37 PM
 #2

and how do i pay? with bitcoins? because there is a price from 295$
Pistachio
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December 10, 2014, 02:37:06 PM
 #3

We really don't know if they will cost more or less when they are actually released. Or, if there will be a Christmas special with a significant discount available in two weeks. However, given the price of Dual Modes at $1200 now and before at $839, the 10 pack is roughly half the mining power of the current Dual Mod for $295. So, that does place it as if you pay $600 for a Dual Mod 10 that will not kick in until Jan.

Disclosure: I am selling qASIC shares to buy gen2 right now. So, I am probably a bit biased. 
cypher21
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December 11, 2014, 06:59:31 AM
 #4

that i dont mean...in which currency i have to pay`? do i have a choice?
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December 11, 2014, 04:08:21 PM
 #5

that i dont mean...in which currency i have to pay`? do i have a choice?

LTCgear currently only accepts BTC. I suspect there will be resellers soon that can accept other forms of payment. I am not sure about the Hashprofit site mentioned in the first post.
paradigmflux
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December 12, 2014, 04:04:55 PM
 #6

is anyone else having a problem with placing orders with LTCgear right now?
Quote
Sorry, it seems that there are no available payment methods for your state. Please contact us if you require assistance or wish to make alternate arrangements.
Or does this usually happen on fridays?

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NXT Multipool! Mine Scrypt, SHA, Keccak or X11 for NXT! http://hashrate.org
http://hashrate.org/getting_started for port info!
Pistachio
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December 12, 2014, 04:09:02 PM
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is anyone else having a problem with placing orders with LTCgear right now?
Quote
Sorry, it seems that there are no available payment methods for your state. Please contact us if you require assistance or wish to make alternate arrangements.
Or does this usually happen on fridays?


Can you switch the country? It was working fine yesterday, but I have heard of this happening (maybe for prticular countries). Are you getting referral payout as well? PM me if you want to split the referral for your order (it's 35%).
paradigmflux
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December 12, 2014, 04:32:00 PM
 #8

is anyone else having a problem with placing orders with LTCgear right now?
Quote
Sorry, it seems that there are no available payment methods for your state. Please contact us if you require assistance or wish to make alternate arrangements.
Or does this usually happen on fridays?


Can you switch the country? It was working fine yesterday, but I have heard of this happening (maybe for prticular countries). Are you getting referral payout as well? PM me if you want to split the referral for your order (it's 35%).
So far I tried Canada and the US
what country do you have set?

---
NXT Multipool! Mine Scrypt, SHA, Keccak or X11 for NXT! http://hashrate.org
http://hashrate.org/getting_started for port info!
Pistachio
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December 12, 2014, 04:38:28 PM
 #9

is anyone else having a problem with placing orders with LTCgear right now?
Quote
Sorry, it seems that there are no available payment methods for your state. Please contact us if you require assistance or wish to make alternate arrangements.
Or does this usually happen on fridays?


Can you switch the country? It was working fine yesterday, but I have heard of this happening (maybe for prticular countries). Are you getting referral payout as well? PM me if you want to split the referral for your order (it's 35%).
So far I tried Canada and the US
what country do you have set?


USA. Not sure why its not working. You changed both billing and shipping addresses?
Pistachio
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December 15, 2014, 07:00:25 PM
 #10

OP can you update the comparison now that we know what 2nd gen shares pay until their launch in Jan?
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