ASICMINER: Entering the Future of ASIC Mining by Inventing It

[conv3rsion]

i've been trying to buy USBs for a week, the backorders everywhere (direct, btcguild, group buys) are getting really annoying. As a shareholder, I hope we can ramp up supply soon.

[notme]

i've been trying to buy USBs for a week, the backorders everywhere (direct, btcguild, group buys) are getting really annoying. As a shareholder, I hope we can ramp up supply soon.

Try ebay

[conv3rsion]

i've been trying to buy USBs for a week, the backorders everywhere (direct, btcguild, group buys) are getting really annoying. As a shareholder, I hope we can ramp up supply soon.

Try ebay

if i can't buy them, a lot of people can't. what's that mean then?

[notme]

i've been trying to buy USBs for a week, the backorders everywhere (direct, btcguild, group buys) are getting really annoying. As a shareholder, I hope we can ramp up supply soon.

Try ebay

if i can't buy them, a lot of people can't. what's that mean then?

It means they were all bought by resellers who are now selling them on ebay and through other venues.

[binaryFate]

i've been trying to buy USBs for a week, the backorders everywhere (direct, btcguild, group buys) are getting really annoying. As a shareholder, I hope we can ramp up supply soon.

Try ebay

if i can't buy them, a lot of people can't. what's that mean then?

It means they were all bought by resellers who are now selling them on ebay and through other venues.

Which means we could sell so much more... Friedcat, there is a huge demand to satisfy!! Don't let anybody wanting hardware with empty hands! Scale up, nothing to fear!

[tinus42]

i've been trying to buy USBs for a week, the backorders everywhere (direct, btcguild, group buys) are getting really annoying. As a shareholder, I hope we can ramp up supply soon.

Try ebay

if i can't buy them, a lot of people can't. what's that mean then?

It means they were all bought by resellers who are now selling them on ebay and through other venues.

Mine is on the way from eBay. I payed $152.50 for it with free shipping. Not to bad considering a month ago you'd have to pay more than 2BTC for it when Bitcoin was $120-130. Bitcoin is around $100 again, so if I ordered today I'd have to pay $129.70 including shipping if I ordered from yxt. If BTC reaches $120 again when yxt is restocked I'd pay more than I paid the eBay seller. Plus I have buyer protection.

[BlackLilac Jordan]

i've been trying to buy USBs for a week, the backorders everywhere (direct, btcguild, group buys) are getting really annoying. As a shareholder, I hope we can ramp up supply soon.

My psychic powers are telling me that you will hear news this week that will make you very happy.    

[velacreations]

if i can't buy them, a lot of people can't. what's that mean then?

demand is high, we should raise the price.

[canth]

if i can't buy them, a lot of people can't. what's that mean then?

demand is high, we should raise the price.

Bingo. However, I'm OK with the reduced price given that it's a good balance between setting the prices too high (and giving purchasers a bad taste for bitcoin mining hardware) and leaving some left on the table. It's last gen hardware - it should go at a bit of a discount with new hardware due soon.

[binaryFate]

if i can't buy them, a lot of people can't. what's that mean then?

demand is high, we should raise the price.

Bingo. However, I'm OK with the reduced price given that it's a good balance between setting the prices too high (and giving purchasers a bad taste for bitcoin mining hardware) and leaving some left on the table. It's last gen hardware - it should go at a bit of a discount with new hardware due soon.

I agree with the main idea: if all the current buyers of USB miners right now, can break even in 3~6 months, at that time they would buy again, and even buy more, happily!! If you reach the point where nobody is going to break-even and they'll understand that in few months, even if they just mine "for the fun" they are not going to order more hardware. I prefer to keep prices reasonable, lose 10% short term, and have a huge community of satisfied customers in 6 months buying the next gen items with a happy smile.

[conv3rsion]

if i can't buy them, a lot of people can't. what's that mean then?

demand is high, we should raise the price.

somebody gets it.

[notme]

if i can't buy them, a lot of people can't. what's that mean then?

demand is high, we should raise the price.

somebody gets it.

There might be room for some price increase.  However, I feel that forcing people to go through resellers will help to build out the distribution network, which will be good for the longer term health of the company.  Dealing directly with small, retail customers is an unnecessary headache for friedcat.

[conv3rsion]

if i can't buy them, a lot of people can't. what's that mean then?

demand is high, we should raise the price.

somebody gets it.

There might be room for some price increase.  However, I feel that forcing people to go through resellers will help to build out the distribution network, which will be good for the longer term health of the company.  Dealing directly with small, retail customers is an unnecessary headache for friedcat.

we don't have to raise the price, we just have to maximize profit.

Supply shortages means that we are failing to do that. So either we raise the price, or we increase supply.

It has nothing to do with the resellers, they cant get them either (see btcguild 2-3 week backorder).

[notme]

if i can't buy them, a lot of people can't. what's that mean then?

demand is high, we should raise the price.

somebody gets it.

There might be room for some price increase.  However, I feel that forcing people to go through resellers will help to build out the distribution network, which will be good for the longer term health of the company.  Dealing directly with small, retail customers is an unnecessary headache for friedcat.

we don't have to raise the price, we just have to maximize profit.

Supply shortages means that we are failing to do that. So either we raise the price, or we increase supply.

It has nothing to do with the resellers, they cant get them either (see btcguild 2-3 week backorder).

I must have been lucky then.  My order came in 2 business days, but that was a week or so back.

[helixone]

if i can't buy them, a lot of people can't. what's that mean then?

demand is high, we should raise the price.

somebody gets it.

There might be room for some price increase.  However, I feel that forcing people to go through resellers will help to build out the distribution network, which will be good for the longer term health of the company.  Dealing directly with small, retail customers is an unnecessary headache for friedcat.

we don't have to raise the price, we just have to maximize profit.

Supply shortages means that we are failing to do that. So either we raise the price, or we increase supply.

It has nothing to do with the resellers, they cant get them either (see btcguild 2-3 week backorder).

Mmm.. I think classic manufacturing models are hugely accelerated here in that each production run will sell for a lower price than the next due to a series of difficulty increases. Thus, it is probably in shareholders' interests if AM/FC does not hang onto excess inventory between supply runs, and sells for the most he can. If that means we have a break of availability in between each run it is not the end of the world, as that also provides some justification for the earlier purchasers to have paid the higher price, and provides a cleaner transition to a lower selling price point.

That said, one could argue that we left money on the table from our last run, but I think since it was our first decent sized production run, with sales in mind, there was a lot of guesstimation on the demand side. As time goes on forecasting should get better.

-helixone

[fumble]

if i can't buy them, a lot of people can't. what's that mean then?

demand is high, we should raise the price.

somebody gets it.

Greed?

Seriously.  Happy customers = repeat customers and invaluable word of mouth advertising.  Its not going to be pretty when they realize their 1BTC device can only make .5 BTC in its lifetime.

[SebastianJu]

Im not so sure the price has to be raised. I mean competition will come in very short time and AM has an interest that the customers buy from them instead from others. So the price has to be competitive too. If they bought its better than if they wait for cheaper competitor miners and buy then. The bitcoins only can be spent once.

[teek]

i've been trying to buy USBs for a week, the backorders everywhere (direct, btcguild, group buys) are getting really annoying. As a shareholder, I hope we can ramp up supply soon.

<shameless plug>

We have plenty at WTCR.ca and have already filled hundreds of orders to satisfied customers all over the world

</shameless plug> 

teek
 

[CoinBomb]

if supply runs out each time, surely an auction style purchase system would be the best way to maximise profits. highest bidder gets em.

[Lohoris]

Lol! Option writers have no balls on BTC when compared with stock exchanges.
That PUT option you wrote basically translates into give me free BTC.

Anyway best of luck .

Are you seriously comparing with stock exchanges were a "great APR" is considered to be 3%?

If the premium wouldn't beat the dividend, I'd just buy more shares instead of emitting puts...