Author

Topic: ANTMINER S5: 1155GH(+OverClock Potential), In Stock $0.319/GH & 0.51W/GH - page 202. (Read 451039 times)

legendary
Activity: 1218
Merit: 1001
My attitude is much simpler now.  I've run over $100k of sales of bitmain products this past year.  Watching the price rise, I've decided SP-T will be getting my future business and Bitmain will get no more.
hero member
Activity: 882
Merit: 500
MiG Messenger - earn while chatting
I saw the BTC prices this morning and ran to order 3-4 more from Bitmain.  Then I saw the price rise.

Bitmain, just peg the price of the S5 to bitcoin already, because that's basically what you are doing anyway. 

they can't do this, because once they saw the price in BTC, people would order much less because they can compare price with btc profitability calculator.
This is pure psychology.

But they show the BTC price right along side the fiat price anyway.  If that was the reasoning, you would think they would do like spondoolies and just show the fiat price.  The S1 and S3 were always just pegged to a BTC price.

I guess I'll buy 3 more SP-20's or wait til the next BTC price spike and race in to place an order before they jack the price up.
full member
Activity: 333
Merit: 100
Wasn't gonna buy at $310 and sure as hell not gonna buy at $370.  Bitman, you're pricing yourself out of the market.
hero member
Activity: 518
Merit: 500
Answer to your psycology question is simple, I wonder why you could not figure it out. (and there-in lies your answer, thing is, can you figure that out?)
.... Help me understand the psychology here.

"If I was hesitant purchasing something at $341, why should I be less hesitant to purchase it at $370 ? Why would I have more motivation to purchase at $370 when it was just $341 earlier ? $310 a day before that."

Furthermore, BTC appears to be trending down. How should one feel if they purchased at $370 right now, and later today, the price is reduced to $360 ?

Like I suspected, you could not figure out your own conundrum, so I'll bow to your request and get you out of that misery.
1. You should be less hesitant to purchase at the current higher price because it can go higher. But you have options right now, as you pointed out earlier, in the shape of the SP20, till they re-instate their price in sympathy with bitmain, then the proverbial crap will have hit the fan for you.
2. It's your call whether to purchase now at $370 or hedge your bets in anticipation of a price drop later today to $360. But be prepared to live with your call should you choose not to buy now and the price later today staggers to $371. Oh, I nearly forgot, you should feel as you please whatever call you make and refrain from blaming bitmain (or real life as you prefer to call it) for your decision.

Forgive the verbosity, just in response to your cry for help.
newbie
Activity: 14
Merit: 0

I was about to purchase two at $310, communicated with Yoshi to resolve a coupon discrepancy, got distracted with real life, come back and the price was raised.


So why mourn at bitmain? Mourn at real life ...... it's the one that distracted you from the bargain of the century .... Yeah.... no.  Undecided

How about them changing the price while I'm going through the checkout? Is that alright to do? I think if they are going to change the price, they should delete the old product listing and create a new one. They should not be editing the existing listing because then things happen like the price suddenly changing during checkout without the customers knowledge.
legendary
Activity: 3892
Merit: 4331
I saw the BTC prices this morning and ran to order 3-4 more from Bitmain.  Then I saw the price rise.

Bitmain, just peg the price of the S5 to bitcoin already, because that's basically what you are doing anyway. 

they can't do this, because once they saw the price in BTC, people would order much less because they can compare price with btc profitability calculator.
This is pure psychology.
legendary
Activity: 3892
Merit: 4331
Answer to your psycology question is simple, I wonder why you could not figure it out. (and there-in lies your answer, thing is, can you figure that out?)
Lets be clear. I'm a huge fan of Bitmain's (still don't have a t-shirt though...) and look forward to purchasing more of their products, but this price maneuvering is unpalatable.

Not trying to troll and derail the thread, but if you could kindly answer my simple query, rather than dance around the issue, I would appreciate it. Help me understand the psychology here.

"If I was hesitant purchasing something at $341, why should I be less hesitant to purchase it at $370 ? Why would I have more motivation to purchase at $370 when it was just $341 earlier ? $310 a day before that."

and while they raised the price in response to btc 250 to 310 move, why not drop the price accordingly if btc goes from 310 to 277?
i say that bitmain needs to keep a fixed $ price and stop jerking it around almost daily-it only annoys people.
hero member
Activity: 882
Merit: 500
MiG Messenger - earn while chatting
I saw the BTC prices this morning and ran to order 3-4 more from Bitmain.  Then I saw the price rise.

Bitmain, just peg the price of the S5 to bitcoin already, because that's basically what you are doing anyway. 
legendary
Activity: 1652
Merit: 1067
Christian Antkow
Answer to your psycology question is simple, I wonder why you could not figure it out. (and there-in lies your answer, thing is, can you figure that out?)
Lets be clear. I'm a huge fan of Bitmain's (still don't have a t-shirt though...) and look forward to purchasing more of their products, but this price maneuvering is unpalatable.

Not trying to troll and derail the thread, but if you could kindly answer my simple query, rather than dance around the issue, I would appreciate it. Help me understand the psychology here.

"If I was hesitant purchasing something at $341, why should I be less hesitant to purchase it at $370 ? Why would I have more motivation to purchase at $370 when it was just $341 earlier ? $310 a day before that."

Furthermore, BTC appears to be trending down. How should one feel if they purchased at $370 right now, and later today, the price is reduced to $360 ?
hero member
Activity: 868
Merit: 1000
So why mourn at bitmain? Mourn at real life ...... it's the one that distracted you from the bargain of the century .... Yeah.... no.  Undecided
Are you suggesting the competition raise the prices of their goods from $479 to $529, and we should be OK with that ?

Psychology Question for you: If I was hesitant purchasing something at $341, why should I be less hesitant to purchase it at $370 ? Why would I have more motivation to purchase at $370 when it was just $341 earlier ?
The competition do not set the price for bitmain. In any case, in a perfect market, buyers will choose the lower price (and for some reason I believe bitmain know this obscure fact), so go ahead and by from the competition.

Answer to your psycology question is simple, I wonder why you could not figure it out. (and there-in lies your answer, thing is, can you figure that out?)

I would be surprised if Spondoolies doesn't raise prices and stop pay-pal payments again.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Bitmain are real scumbags they just raised the price to $370 as of this post. The can go ram it up the furthest part of there ass fuck you BITMAIN !

Tone down your language please. You don't have to buy it if you don't like the price. This isn't food or water here.
  and un-like total recall (older movie with arnold) it is also not air
hero member
Activity: 518
Merit: 500
So why mourn at bitmain? Mourn at real life ...... it's the one that distracted you from the bargain of the century .... Yeah.... no.  Undecided
Are you suggesting the competition raise the prices of their goods from $479 to $529, and we should be OK with that ?

Psychology Question for you: If I was hesitant purchasing something at $341, why should I be less hesitant to purchase it at $370 ? Why would I have more motivation to purchase at $370 when it was just $341 earlier ?
The competition do not set the price for bitmain. In any case, in a perfect market, buyers will choose the lower price (and for some reason I believe bitmain know this obscure fact), so go ahead and buy from the competition.

Answer to your psycology question is simple, I wonder why you could not figure it out. (and there-in lies your answer, thing is, can you figure that out?)
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
So why mourn at bitmain? Mourn at real life ...... it's the one that distracted you from the bargain of the century .... Yeah.... no.  Undecided
Are you suggesting the competition raise the prices of their goods from $479 to $529, and we should be OK with that ?

Psychology Question for you: If I was hesitant purchasing something at $341, why should I be less hesitant to purchase it at $370 ? Why would I have more motivation to purchase at $370 when it was just $341 earlier ?

Yeah I finally got my coupon fixed was going to buy 3 units at 310 use 3x 45 dollar coupons  pay only 96 to ship.


so    3 x  310 = 930
and  3 x   45  = 135
net  =               795
shipping         =  96
total               = 891

coins were 236 at the time  so 3.79 coins.

I went to sleep on it  woke up coins were 245   price went to 341 not 310.

 I grabbed  1 sp20 on ebay for 409  got 4% off = 392   I sold 5.5 coins for a 100 dollar profit.    And I purchased a miner from lee here:

https://bitcointalksearch.org/topic/lee-group1980-the-sales-of-first-batch-hosted-antminer-s7psu-included-934581

 this is a better deal then buying direct from bitmaintech
legendary
Activity: 1666
Merit: 1185
dogiecoin.com
Bitmain are real scumbags they just raised the price to $370 as of this post. The can go ram it up the furthest part of there ass fuck you BITMAIN !

Tone down your language please. You don't have to buy it if you don't like the price. This isn't food or water here.
legendary
Activity: 1652
Merit: 1067
Christian Antkow
So why mourn at bitmain? Mourn at real life ...... it's the one that distracted you from the bargain of the century .... Yeah.... no.  Undecided
Are you suggesting the competition raise the prices of their goods from $479 to $529, and we should be OK with that ?

Psychology Question for you: If I was hesitant purchasing something at $341, why should I be less hesitant to purchase it at $370 ? Why would I have more motivation to purchase at $370 when it was just $341 earlier ? $310 a day before that.
hero member
Activity: 518
Merit: 500

I was about to purchase two at $310, communicated with Yoshi to resolve a coupon discrepancy, got distracted with real life, come back and the price was raised.


So why mourn at bitmain? Mourn at real life ...... it's the one that distracted you from the bargain of the century .... Yeah.... no.  Undecided
legendary
Activity: 1652
Merit: 1067
Christian Antkow

But all we have in this thread now is mourning and whining .... guys, what do you really want? You want to see bitmain go bust?
No. I don't want to see them go bust. But I also don't want to see them raising the fiat price in step with BTC fluctuations.

Are you suggesting Spondoolies raise the prices of their SP20's from $479 to $529, and we should be OK with that ?

This is just bad business from a consumer standpoint all around. Insulting even.

I was about to purchase two at $310, communicated with Yoshi to resolve a coupon discrepancy, got distracted with real life, come back and the price was raised.

Yeah.... no.  Undecided
legendary
Activity: 2408
Merit: 1004
Why bitmain

Put it at 370 dollars
Was 310 dollars
And now 370 dollars
Why these is awful
newbie
Activity: 14
Merit: 0
I am not happy with you BitmainTech for raising the price as I am purchasing. When I added the product to my cart it was USD$341 yet when I committed to the order it changed to USD$370. How dare you rip us customers off like that. It is just not the right thing to do if you are wanting to keep your existing customers!!! How dare you change the price as an order is going through.

Edit: It might have only been 0.1BTC at the time but that is not the point. I saved up for that and don't expect a company to trick me into paying a higher price than what was advertised.
legendary
Activity: 1500
Merit: 1002
Mine Mine Mine
If BTC goes a little more up and the price of S5 does not go up with it, it will be all good. We will wait and see.

it's gonna go up for sure, SP's game this time round
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