Good luck finding someone to scam out of hundreds of thousands of dollars to fund your next gen asics. the only reason you don't have the money to develop your next gen asic is because you guys fucked up this generation so badly that your ass is in the toilet.
You don't have the 'proven track record' you are trying to sell to people, which seems to be exactly what you are trying to sell people.
You do have a track record. And it sucks. your miners are late and obsolete, they are not competitive in the marketplace and your engineering team has designed miners that start on fire.
more important to investors, everyone that has invested their money with you as a pre-order customer has lost their ass.
But wait, there's more!
http://www.blackarrowsoftware.com/store/14nm-bitcoin-asic-announcement.html
So ... do we get some free units of these for our trouble?? We paid "helped" to pay for this development after all.....
http://www.blackarrowsoftware.com/store/14nm-bitcoin-asic-announcement.html
So ... do we get some free units of these for our trouble?? We paid "helped" to pay for this development after all.....
Haha what a fuckin' joke!
If you are guaranteeing prices then what's the point of preorders? Basically the people preordering now are giving you a free loan because come february everyone gets the same price anyways. The only benefit of preordering now is if the buyer thinks that you won't have to lower prices and the current price will end up being less then market prices for similar devices at the time of shipping.
Customers who pre-order and pay now have 25% discount. Our promise is that we will ensure that customers who preorder now will always get a better deal than customers who order later.
At the same time we promise that our prices will be below market price at the time we ship.
This means that customers that preorder now will have considerable lower market prices by the time that we ship which puts them in advantage towards anybody else.
Unless Bitcoin mining stops because it becomes unprofitable for everybody else in February, our customers WILL make profit.
or this?
After a whole year of this ASIC preordering phenomenon/fiasco somehow it's starting to feel like the companies will promise you anything and everything just to get your money. Even if it makes no sense. What's the point of them getting capital now if they guarantee to drop the prices to whatever the market price will be in the future and have to return most of that capital? I don't mind gambling but when the gamble is just some vague guarantee promise that isn't rooted in reality that's just one more hurdle to overcome besides the fact of sending non refundable to btc to some outfit in china and hoping for the best on a proposition that's many months away.
Everybody until now sold you hardware that they knew that you're going to loose money because 1 month later they announced something faster at a better price.
We are guaranteeing that this won't happen with us: If we drop the price you'll get even faster hardware, keeping you in front of everybody else.
or this?
I'd like to make sure I understand what you are guaranteeing. You are saying that if I preorder now I am guaranteed a price 25% below market price. How will market price be defined?
Yes, you are guaranteed to get a price 25% below the market price ($/ghash) at the time of shipment.
And yes, we will keep our prices below every other company.
Bottom line is, whoever trusts us now, we promise that will help them to mine profitably after February as well. If you keep supporting other companies who have ripped you off until now, you'll barely get your ROI back.
