Actually he is true. From a business point of view it's better to sell at what people are willing to pay than at manufacturing costs+small profit, but you need to find the sweet spot.
Exactly. They're running a business, not a charity. I mean I can understand people's frustrations, but at the end of the day their job is to make money, not guarantee us a certain ROI or make us money.
If they're not willing to sell at a price that doesn't make a loss to the buyer, there is absolutely no point in buying. The smart buyers (those not blinded by the "gold rush") will stay away and invest when there is a reasonable chance at profit. And I don't mean 0,5 BTC profit per board or something ridiculous like that. When I invested in Avalon chip based boards, the indications all were at a reasonable profit, since the days of 10x profit were already gone.
You have to appreciate that they are taking a risk here as well, it's certainly not only the miners who are putting their $$$ at stake.
You're dead wrong. The risk is _all_ on the
customers investors here. They're not selling at loss, remember.
It sucks if you canceled another order and waited for these boards based on the projection that they would be cheaper, but unless you were *guaranteed* that these boards would cost €470, not sure what recourse you'd really have. This is the exact reason I don't invest anything in Bitcoin/preorders/ASICs that I'm not willing to lose.
I didn't say I had invested more than I could lose. I'm at a comfortable spot, having a good chunk of BTC from earlier investments waiting for a good deal. One that makes profit for the seller, and also to me. If the selling part isn't willing to provide me with a _reasonable_ price... well, I can try to convince them to sell for less, or go elsewhere.