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Topic: Dragon Asic (Read 5421 times)

sr. member
Activity: 462
Merit: 250
Free World
April 08, 2013, 10:41:20 AM
#42
Domain Age:    0 years and 10 days
Website IP:    213.239.231.138
Hosting Country:    Germany

Here's the math:

$10 for domain
$3 for domain whois privacy

Owner probably own a VPS/dedicated server so hosting is free...

and

$50 for website design

$100 for effort researching bitcoin history/data so their info is somehow 'a little' accurate.

and boom u got http://dragon-asic.com

nowww....

bitcoin is getting lots of attention in media and investors who does not know what it really is... (especially computer illiterate people will easily fall into this)


Let's just say 1 person buy per month from dragon asic... even the cheapest "product" they have costs 20btc

at current rate of btc...

20btc = $3880


All money spent into creating that dragon site has been paid... + interest...

legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
April 05, 2013, 02:04:27 PM
#41
And Apple is a cult.

Doesn't make it a scam though...

Dunno.  Everytime I try to make a call or get a text after 1 hour on my Iphone, I wonder
legendary
Activity: 1820
Merit: 1000
April 05, 2013, 12:36:32 PM
#40
According to what they now show "in stock," this vaporware is flying off the shelves. And the 92 Gh/s unit (by far the worst value) is "selling" the best. Either these inventory numbers are totally fabricated, or some really stupid people are buying (hopefully the former).
legendary
Activity: 1002
Merit: 1000
Bitcoin
April 04, 2013, 10:03:59 PM
#39

Gratz for finding the original pic.. Im really impressed !  Nice call Phin !

EDIT :Hmm,. TinEye  This is very great and usefull Smiley
thanks MiningBuddy for the link !
sr. member
Activity: 462
Merit: 250
April 04, 2013, 08:35:22 PM
#38
Everything with "Dragon" in their names are FAKE....

Dragon car, Dragon phone, Dragon sushi..... ALL fake.

LOL i find it hilarious that they pick "Dragon" for their scam....

Could have settled for " Tiger" but no.... it gotta be "Dragon"


but there IS a Dragon Bridge

http://gizmodo.com/5993579/vietnam-builds-a-giant-fire+breathing-dragon-bridge-to-commemorate-the-end-of-the-war



yeah thats fake.... sorry, thats just a papercut dragon shape looking thing on a bridge.
newbie
Activity: 56
Merit: 0
April 04, 2013, 07:40:17 PM
#37
Think about it...costs 5x as much to get 2x the Gh.

No, you aren't getting it. The pricing structure makes no sense. They are charging 5x as much for the larger 92 Gh/s unit which only has 2x the hashing power. Instead of paying 100 BTC for the 92 Gh/s unit, you could buy 5x 45 Gh/s units and have 225 Gh/s. This is further evidence that it is a complete scam, but if you think it is a great deal, go for it and let us know how it turns out (but I don't advise it).

Ahhh yes... you are comparing the two models they are offering. My bad... thought you were comparing theirs to BFL. Gotcha.

I'm not pre-paying for any mining ASIC right now. I'm happy with my ~20% return on my money in the last 3 days.
sr. member
Activity: 462
Merit: 250
April 04, 2013, 07:21:44 PM
#36
Everything with "Dragon" in their names are FAKE....

Dragon car, Dragon phone, Dragon sushi..... ALL fake.

LOL i find it hilarious that they pick "Dragon" for their scam....

Could have settled for " Tiger" but no.... it gotta be "Dragon"


but there IS a Dragon Bridge

http://gizmodo.com/5993579/vietnam-builds-a-giant-fire+breathing-dragon-bridge-to-commemorate-the-end-of-the-war

legendary
Activity: 1820
Merit: 1000
April 04, 2013, 07:20:30 PM
#35
Lol this is so retarded: 45GH 20 BTC and 92GH 100 BTC... mmm yeah!

Think about it...costs 5x as much to get 2x the Gh.

Ummm... tell me people wouldn't pay me $2,600 (currently 20 BTC) if I said I had 1 or 100 ASICs ready to ship that mine 45GH/s.

Really?! you think that's too much?

Let's do some math using http://www.bitcoinx.com/profit/ with the following spec's...

Difficulty (currently 6.6M): 20,000,000
Bitcoins/block: 25
USD/BTC (currently $130.00): $90.00
Electricity: $0.15 / kW
Power Usage: 100W
Time to mine: 30 days

At the end of 30 days you would have paid for the ASIC in full and still have $763.24 and be on your way to mining $112.80 per day after electricity costs.

YOUR TURN...  Roll Eyes



No, you aren't getting it. The pricing structure makes no sense. They are charging 5x as much for the larger 92 Gh/s unit which only has 2x the hashing power. Instead of paying 100 BTC for the 92 Gh/s unit, you could buy 5x 45 Gh/s units and have 225 Gh/s. This is further evidence that it is a complete scam, but if you think it is a great deal, go for it and let us know how it turns out (but I don't advise it).
newbie
Activity: 56
Merit: 0
April 04, 2013, 07:15:59 PM
#34
Lol this is so retarded: 45GH 20 BTC and 92GH 100 BTC... mmm yeah!

Think about it...costs 5x as much to get 2x the Gh.

Ummm... tell me people wouldn't pay me $2,600 (currently 20 BTC) if I said I had 1 or 100 ASICs ready to ship that mine 45GH/s.

Really?! you think that's too much?

Let's do some math using http://www.bitcoinx.com/profit/ with the following spec's...

Difficulty (currently 6.6M): 20,000,000
Bitcoins/block: 25
USD/BTC (currently $130.00): $90.00
Electricity: $0.15 / kW
Power Usage: 100W
Time to mine: 30 days

At the end of 30 days you would have paid for the ASIC in full and still have $763.24 and be on your way to mining $112.80 per day after electricity costs.

YOUR TURN...  Roll Eyes

legendary
Activity: 1820
Merit: 1000
April 04, 2013, 07:07:36 PM
#33
Lol this is so retarded: 45GH 20 BTC and 92GH 100 BTC... mmm yeah!

Uhhh why is that retarded... If they were real that is a GREAT price. $2,500 for a 45GH/s tha you can have in your hands in 3-5 days is better than a pre-order of an ASIC on eBay that you have no recourse if they don't deliver and those are selling for $3,000-$5,000 for 30GH/s....

Think about it...costs 5x as much to get 2x the Gh.
hero member
Activity: 602
Merit: 500
April 04, 2013, 06:54:51 PM
#32
I like the order page

Secure Checkout
Order information
Order number: 36
Send 300 bitcoins to:

1Lx2vadg7EemzLpxqQLQLQpXkwbWjafGn2


It's secure on a non-https non-verified system  Roll Eyes

Let me just send over some bitcoin!
newbie
Activity: 56
Merit: 0
April 04, 2013, 06:53:15 PM
#31
Lol this is so retarded: 45GH 20 BTC and 92GH 100 BTC... mmm yeah!

Uhhh why is that retarded... If they were real that is a GREAT price. $2,500 for a 45GH/s tha you can have in your hands in 3-5 days is better than a pre-order of an ASIC on eBay that you have no recourse if they don't deliver and those are selling for $3,000-$5,000 for 30GH/s....
full member
Activity: 347
Merit: 100
April 04, 2013, 05:04:24 PM
#30
You forget Labsnovo, Cedartec, and probably many more.
legendary
Activity: 1148
Merit: 1018
April 04, 2013, 04:30:29 PM
#29
Pretty obvious SCAM

I wonder how many victims were sucked into these so obvious PrimeAsic, Lighting Miner and Dragon Asics scams.
donator
Activity: 1120
Merit: 1001
April 04, 2013, 03:54:13 PM
#28
Wang Jun is a very popular name in China. There are 810936 people named Wang Jun.

http://yls88888.bokee.com/viewdiary.15862670.html
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
April 04, 2013, 03:28:28 PM
#27

"Drivers are available during software update.
To update drivers choose Update in Help menu.
Drivers for the Dragon-2 ASIC are installed autamatically as you plug it to the computer.
Contact support if you have any question."

 Grin

One of my guess: They have large amount of ASIC order from BFL and now they are making a huge housing to hold several singles and do a re-branding
full member
Activity: 245
Merit: 104
April 04, 2013, 03:16:09 PM
#26
And Apple is a cult.

Doesn't make it a scam though...
hero member
Activity: 952
Merit: 1009
April 04, 2013, 02:55:30 PM
#25
WARNING:  They have an affiliate program.  RED FLAG

wat...

Expedia has an affiliate program

Ticketmaster has an affiliate program

Apple has an affiliate program...

Are they all scams too?

Affiliate programs do not make something a scam. The scammyness of this site itself makes it a scam.

Well... Ticketmaster is pretty close.

So is expedia.

And Apple is a cult.
newbie
Activity: 35
Merit: 0
April 04, 2013, 02:55:15 PM
#24
WARNING:  They have an affiliate program.  RED FLAG

wat...

Expedia has an affiliate program

Ticketmaster has an affiliate program

Apple has an affiliate program...

Are they all scams too?

Affiliate programs do not make something a scam. The scammyness of this site itself makes it a scam.

Well... Ticketmaster is pretty close.

Made me laugh... thought you should know.
legendary
Activity: 1820
Merit: 1000
April 04, 2013, 02:34:53 PM
#23
Their pricing structure makes absolutely no sense. For the price of one 92 Gh/s unit you can buy 5 45 Gh/s units (for a total of 225 Gh/s). But for vaporware, I guess your pricing structure is based more around what you hope you can sucker people into.
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