Author

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1005. (Read 3917568 times)

member
Activity: 67
Merit: 10
100 shares on BF for 2.3?  Are people crazy?  wtf?



Look at all the stocks and most have only taken a 10% hit tops, but AM is where most people have their money that they wanna get out so it's taken the largest undeserved hit.
bought all i could.. price on the rise now again...
full member
Activity: 224
Merit: 100
You can't kill math.
100 shares on BF for 2.3?  Are people crazy?  wtf?



Look at all the stocks and most have only taken a 10% hit tops, but AM is where most people have their money that they wanna get out so it's taken the largest undeserved hit.
sr. member
Activity: 476
Merit: 250
100 shares on BF for 2.3?  Are people crazy?  wtf?

donator
Activity: 1731
Merit: 1008
What's the roadmap to increasing the hashrate ?

Current hashrate is now less than 30%, more like 20%.
hero member
Activity: 630
Merit: 500
Bitgoblin
No, that's exactly like just buying BTC and not spending them.

If you spend them for another BTC-producing asset is irrelevant relative to BTCUSD.


I accept your argument that the btc:usd rate doesn't affect return. However, the cost of entry to the product has lowered, making it affordable to more people. I would expect that to drive sales up.

Imagine the corollary. If btc:usd went up to $1000, a blade would now cost $49,990 cash price. How many do you think AM will sell per week at those prices?
I see your point, and while it does make sense, I don't think it weights so much.

I guess that this kind of "market" would auto-adjust, and if the price of BTC would go up too much, people who wanted to spend less would just either buy a minor product (i.e. USB miner) or buy shares such as PTs or virtual mines.

So, yes, sales could be slightly affected by such a thing, but not as much as someone might imagine.
sr. member
Activity: 378
Merit: 250
Another way of looking at it is the blades are a lot cheaper now as measured in $ so perhaps sales will actually go up?
They are priced in BTC, they produce BTC, the BTCUSD rate is irrelevant here.


No, if you are long on btc it's clearly a bargain.
No, that's exactly like just buying BTC and not spending them.

If you spend them for another BTC-producing asset is irrelevant relative to BTCUSD.


I accept your argument that the btc:usd rate doesn't affect return. However, the cost of entry to the product has lowered, making it affordable to more people. I would expect that to drive sales up.



Imagine the corollary. If btc:usd went up to $1000, a blade would now cost $49,990 cash price. How many do you think AM will sell per week at those prices?

No affect on the demand of BLADE...as long as the return of BLADE maintaining the same level.
only things will affect is who buys the BLADE ,and  how to buy the BLADE.
if a BLADE cost $49990 ,its return remains the same, then its potential buyers will switch to rich one ,or group buy.
legendary
Activity: 1176
Merit: 1001
CryptoTalk.Org - Get Paid for every Post!
Another way of looking at it is the blades are a lot cheaper now as measured in $ so perhaps sales will actually go up?
They are priced in BTC, they produce BTC, the BTCUSD rate is irrelevant here.


No, if you are long on btc it's clearly a bargain.
No, that's exactly like just buying BTC and not spending them.

If you spend them for another BTC-producing asset is irrelevant relative to BTCUSD.


I accept your argument that the btc:usd rate doesn't affect return. However, the cost of entry to the product has lowered, making it affordable to more people. I would expect that to drive sales up.

Imagine the corollary. If btc:usd went up to $1000, a blade would now cost $49,990 cash price. How many do you think AM will sell per week at those prices?
full member
Activity: 224
Merit: 100
You can't kill math.
I like how TAT.ASICMINER is pretty much holding up. Smiley
hero member
Activity: 924
Merit: 1003
Unlimited Free Crypto
Lophie is back again with the weird connections and questions.  Grin

Guys considering that GPU mining was returning only ~40%ish considering electricity cost. Do you think during this slumpy week for the exchange rate that many miners will pause mining which would boost ASICMINER network hashrate% and therefore... more profit BTC_BTC?



Why would they? That would be just stupid, they just need to hope price rebound back and hold onto coins. They just cannot sell them for immediate profit

I rest my case
hero member
Activity: 656
Merit: 500
Lophie is back again with the weird connections and questions.  Grin

Guys considering that GPU mining was returning only ~40%ish considering electricity cost. Do you think during this slumpy week for the exchange rate that many miners will pause mining which would boost ASICMINER network hashrate% and therefore... more profit BTC_BTC?



Why would they? That would be just stupid, they just need to hope price rebound back and hold onto coins. They just cannot sell them for immediate profit
hero member
Activity: 924
Merit: 1003
Unlimited Free Crypto
Lophie is back again with the weird connections and questions.  Grin

Guys considering that GPU mining was returning only ~40%ish considering electricity cost. Do you think during this slumpy week for the exchange rate that many miners will pause mining which would boost ASICMINER network hashrate% and therefore... more profit BTC_BTC?

donator
Activity: 1731
Merit: 1008
Asicminer price at bitfunder is bargain now compare to TAT and at btct.co price
Price is the same on both exchanges 2.3 vs 2.315

If it's not, someone will grab a profit to make sure it is.  
legendary
Activity: 1022
Merit: 1000
Asicminer price at bitfunder is bargain now compare to TAT and at btct.co price
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
The panic sells on BTC/USD market caused some panic on share price aswell. Cheap shares for everyone but me. :/

Wonder if the market is going the right way and going to be a busy day from a trading view
And you'll succeed Fab I believe in you Smiley
hero member
Activity: 924
Merit: 1000
The panic sells on BTC/USD market caused some panic on share price aswell. Cheap shares for everyone but me. :/
hero member
Activity: 630
Merit: 500
Bitgoblin
Another way of looking at it is the blades are a lot cheaper now as measured in $ so perhaps sales will actually go up?
They are priced in BTC, they produce BTC, the BTCUSD rate is irrelevant here.


No, if you are long on btc it's clearly a bargain.
No, that's exactly like just buying BTC and not spending them.

If you spend them for another BTC-producing asset is irrelevant relative to BTCUSD.
sr. member
Activity: 406
Merit: 250
Another way of looking at it is the blades are a lot cheaper now as measured in $ so perhaps sales will actually go up?
They are priced in BTC, they produce BTC, the BTCUSD rate is irrelevant here.


it's little bit relevant as BFL sells asics priced in USD, electricity is in USD and GPUs are in USD
legendary
Activity: 1176
Merit: 1001
CryptoTalk.Org - Get Paid for every Post!
Another way of looking at it is the blades are a lot cheaper now as measured in $ so perhaps sales will actually go up?
They are priced in BTC, they produce BTC, the BTCUSD rate is irrelevant here.


No, if you are long on btc it's clearly a bargain.
hero member
Activity: 924
Merit: 1003
Unlimited Free Crypto
Another way of looking at it is the blades are a lot cheaper now as measured in $ so perhaps sales will actually go up?
They are priced in BTC, they produce BTC, the BTCUSD rate is irrelevant here.


If I spend 5% on electricity and management fees and that covers volatility of Bitcoin price in the range of 5%-15% then it is okay. But when the price plummets from $120 - $90 that means it went down 20%+ which means I would have to sell more BTC to cover the expenses.

the BTCUSD rate is ALWAYS relevant. The effect was just way minimal unless a big swing like what is happening nowadays occurs.

hero member
Activity: 630
Merit: 500
Bitgoblin
Another way of looking at it is the blades are a lot cheaper now as measured in $ so perhaps sales will actually go up?
They are priced in BTC, they produce BTC, the BTCUSD rate is irrelevant here.
Jump to: