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Topic: [CLOSED] Group Buy #31 ASICMiner Cubes 0.35 BTC 28-38GH/s - page 30. (Read 50289 times)

legendary
Activity: 1513
Merit: 1040
nice one!
sr. member
Activity: 336
Merit: 250
canary already dropped his price!
50 units minimum for 1.75 = 0.035 each.
Prices lowered. No minimums Wink
sr. member
Activity: 336
Merit: 250
New prices coming shortly! SSB
legendary
Activity: 1513
Merit: 1040
canary already dropped his price!
50 units minimum for 1.75 = 0.035 each.
newbie
Activity: 21
Merit: 0
Why not consider the exchange rate?  How many people get paid in BTC?  Most BUY it with their local currency, and if they earn BTC they SELL it.  Until my employer pays me in BTC and I can spend said BTC at my local grocery store, I will always consider the exchange rate.
legendary
Activity: 2254
Merit: 1020
★ Ⓚ KORE TEAM Ⓚ ★
There is a serious need for a price decrease on the Erupters.
Pleeeezzz
 Smiley
They are already being priced at cost, any lower and it will be like the resellers are paying you to take them.

Not anymore with the rise in BTC price they are over priced.
Nope they are priced in BTC not USD, so changes in exchange are not taken into consideration. It would be different if they were priced at $100 and then BTC went up to $200 a coin but FC sets the price in BTC.

Unfortunately you are looking at it from a different perspective.
I'm concentrated on the fact they are selling for less than you can buy them for after fees.
There is no profit advantage to resell.
Yes in the current market it isn't profitable to sell on ebay or in fiat currencies. And its returning little to no profit in BTC as the currency, these are being sold at cost (remember they, resellers SSB / Canary etc. buy them in prices set in BTC)

Yes I do consider that.
However massive profits/and fees were made and now it's time to give back.
hero member
Activity: 574
Merit: 500
There is a serious need for a price decrease on the Erupters.
Pleeeezzz
 Smiley
They are already being priced at cost, any lower and it will be like the resellers are paying you to take them.

Not anymore with the rise in BTC price they are over priced.
Nope they are priced in BTC not USD, so changes in exchange are not taken into consideration. It would be different if they were priced at $100 and then BTC went up to $200 a coin but FC sets the price in BTC.

Unfortunately you are looking at it from a different perspective.
I'm concentrated on the fact they are selling for less than you can buy them for after fees.
There is no profit advantage to resell.
Yes in the current market it isn't profitable to sell on ebay or in fiat currencies. And its returning little to no profit in BTC as the currency, these are being sold at cost (remember they, resellers SSB / Canary etc. buy them in prices set in BTC)
legendary
Activity: 2254
Merit: 1020
★ Ⓚ KORE TEAM Ⓚ ★
There is a serious need for a price decrease on the Erupters.
Pleeeezzz
 Smiley
They are already being priced at cost, any lower and it will be like the resellers are paying you to take them.

Not anymore with the rise in BTC price they are over priced.
Nope they are priced in BTC not USD, so changes in exchange are not taken into consideration. It would be different if they were priced at $100 and then BTC went up to $200 a coin but FC sets the price in BTC.

Unfortunately you are looking at it from a different perspective.
I'm concentrated on the fact they are selling for less than you can buy them for after fees.
There is no profit advantage to resell.
hero member
Activity: 574
Merit: 500
There is a serious need for a price decrease on the Erupters.
Pleeeezzz
 Smiley
They are already being priced at cost, any lower and it will be like the resellers are paying you to take them.

Not anymore with the rise in BTC price they are over priced.
Nope they are priced in BTC not USD, so changes in exchange are not taken into consideration. It would be different if they were priced at $100 and then BTC went up to $200 a coin but FC sets the price in BTC.
legendary
Activity: 2254
Merit: 1020
★ Ⓚ KORE TEAM Ⓚ ★
There is a serious need for a price decrease on the Erupters.
Pleeeezzz
 Smiley
They are already being priced at cost, any lower and it will be like the resellers are paying you to take them.

Not anymore with the rise in BTC price they are over priced.
hero member
Activity: 574
Merit: 500
There is a serious need for a price decrease on the Erupters.
Pleeeezzz
 Smiley
They are already being priced at cost, any lower and it will be like the resellers are paying you to take them.
legendary
Activity: 2254
Merit: 1020
★ Ⓚ KORE TEAM Ⓚ ★
There is a serious need for a price decrease on the Erupters.
Pleeeezzz
 Smiley
sr. member
Activity: 336
Merit: 250
Any idea if the USB price will drop due to BTC price?
That would be up to asicminer. Last I heard, the current USB Miners were being cleaned out then no more for sale. SSB
sr. member
Activity: 391
Merit: 250
Any idea if the USB price will drop due to BTC price?
sr. member
Activity: 336
Merit: 250
All orders have been shipped today. Thank you! SSB
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
It's amazing... What friedcat sells at now is apparently profitable by a decent margin. Think back to before... June 23rd for instance, he was selling them for .99 BTC per.  Can't even imagine what his margins were back then... And couldn't understand back then why people were lining up to buy so many of them? Even more shocking, I saw someone thanking one of Friedcat's US resellers for selling him hundreds of them just recently! Is there any way those things can turn a profit? I mean for the buyer? Clearly friedcat will sell them for as long as he gets his pound of flesh. But whats good for FC isn't necessarily good for the people buying from him...


    yes they turn profits for many of my ebay buyers.   I am kicking myself for not buying 120 last time I purchased 60. I had cheaper bitcoins then.

 Many ebay buyers have ebucks ... This is money that can only be spent on ebay .  So a set of 7 sticks for 98 usd may cost the ebay buyer only 50 usd after discounts even less.   

    so 7 sticks are  2.133 gh.  many people have free power if they added   7 sticks 30 days  ago they got back  about  30 usd since that time. Well on the way to roi.  you need to understand for them buying btc is not easy buying sticks on ebay is easy.

 They are dealing in fiat like ebucks, usd , other ebay discounts.     I have earned as much as 145 usd in ebucks  during pre christmas season.

 I could have purchased  12 sticks for free. The money can not be spent on any place but ebay. 

 Most people here do not understand the complexities involved in calculating roi across 3 or 4 fiats.
sr. member
Activity: 336
Merit: 250
Prices adjusted lower again! SSB
hero member
Activity: 644
Merit: 500
It's amazing... What friedcat sells at now is apparently profitable by a decent margin. Think back to before... June 23rd for instance, he was selling them for .99 BTC per.  Can't even imagine what his margins were back then... And couldn't understand back then why people were lining up to buy so many of them? Even more shocking, I saw someone thanking one of Friedcat's US resellers for selling him hundreds of them just recently! Is there any way those things can turn a profit? I mean for the buyer? Clearly friedcat will sell them for as long as he gets his pound of flesh. But whats good for FC isn't necessarily good for the people buying from him...
newbie
Activity: 56
Merit: 0
you are all correct but there is another very improtant point which people forget

most people buying usbs in bulk are to sell on ebay

if btc/usd goes up to wherre it is now it is not worth the hassle anymore

friedcat price of lets say .07 btc when btc was 120 made sense for ebay.

REMEMBER FRIEDCAT PAYS FOR PRODUCTION IN FIAT (USD OR CNY)

he is now making 30% more per piece so he can afford a 30% reduction in price

remember the resellers have not paid him yet for the full stock they only pay once people pay them. so friedcat can afford to lower prices like 30%

i know people are going to say but look at things in btc and price hasn't changed.  well good for them but they don't sell on ebay and as i wrote above friedcat is making 30% more

maybe we can see a reduction to 0.055

happy mining everybody

If friedcat chooses to exchange his BTC to FIAT then that's up to him, and he can keep his losses/gains when he does.  As far as the ebay thing, most people have done that over and over, I did over 400 units myself all on ebay (mainly from silentsonicboom btw,. thanks for fast shipping/great packing), and took looses when the price changed here and either I hadn't sold out yet, or was waiting on pre-order.  It's a gamble.  However for the currency to really survive, it needs to be disassociated with other currencies, in fact it shouldn't be 1BTC = $166, it should be $166 = 1BTC, making BTC the driving factor, the foundation, the (insert word here cause I forget it) causing things like this:

Quote
The Chinese government has recently been more vocal in its ongoing campaign to see the dollar removed from global reserve status.

IF everyone in the wold chooses BTC for global reserve status, add another 0 to it's value (in comparison to USD), making people who have stockpiles of BTC ridiculously rich.

Now is that cool? Heck no, I'm an American and it makes us weak in comparison to the world, devaluating our economy and making us poorer in the whole world scheme of things.  What am I going to do about it?  Next time I go vote I choose anyone that doesn't have an (i) next to their name, and make them fear for their jobs like I do for mine when our economy is bad.

So a usb miner is .071 BTC, was .071BTC and will price-drop when the manufacturer drops their price lower than .071BTC, regardless of how your local economy is being affected by political idiots.  Want the price lower than that? PM SilentSonicBoom and order over 100 to get a lower price.  I can personally assure you he ships fast and packages against a zombie apocalypse.

Tong
newbie
Activity: 44
Merit: 0
you are all correct but there is another very improtant point which people forget

most people buying usbs in bulk are to sell on ebay

if btc/usd goes up to wherre it is now it is not worth the hassle anymore

friedcat price of lets say .07 btc when btc was 120 made sense for ebay.

REMEMBER FRIEDCAT PAYS FOR PRODUCTION IN FIAT (USD OR CNY)

he is now making 30% more per piece so he can afford a 30% reduction in price

remember the resellers have not paid him yet for the full stock they only pay once people pay them. so friedcat can afford to lower prices like 30%

i know people are going to say but look at things in btc and price hasn't changed.  well good for them but they don't sell on ebay and as i wrote above friedcat is making 30% more

maybe we can see a reduction to 0.055

happy mining everybody
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