Topic: Swedish ASIC miner company kncminer.com - page 2030. (Read 3049499 times)

cue the nosy marketing research dataminers...

as a not perfect example, think of the boon of oilmen in North Dakota.  For sure there are people trying to figure out a profile of the newly rich backyard drillers..  what type of personaility do they have up there?  do they have lots of kids? how's the culture? etc...  then you cater your products and marketing to it and hope you're not completely stupid looking.

but with bitcoin you have two things..  newly rich folk like the above to target, and also a new eco-center of money that would be good to expand and keep it churning..  velocity is what they call it in those education towers..

So for miners.. what's their profile?  loners in need of fresh air? make a travel agency that takes bitcoins..  gamblers?  they still don't have full sportsbooks that flow with bitcoins from what I know of.. not talking satoshi dice here

maybe solar panels?

I placed my bets with Saturns, and some Avalon/DIYs and have a few USBees and my ModMiner..  time to move to the marketplace/economy boards I guess

Make no mistake, ORSoC knows exactly what type of mentality Sam and Andreas possess, and already have a plan of action in place. Remember, ORSoC has had bitcoiners on staff prior to this recently partnership.

Exactly. Infinite loops n'all that. I had smoke coming out my backside....


+1. But I've had 30+ years to try and work out schemes to get people to part with their fiat.....and failed miserably So I'm not holding out much hope regarding my chances with crypto's, in all honesty I'm just enjoying the intellectual exercise I reckon

Absolutely right!

But banks don't exist without debt, so it makes perfect sense (to them) to indoctrinate a whole swathe of middle class kids into that way of life. Call me a cynic.....

I thought that admittedly, but that's too narrow minded, and renegates the vies of bitcoin to that of Ponzi.

The wealth creation in designing a means for people to spend Bitcoins as currency for other non-mining products and services is yet to be embraced and exploited...

+1. Incidentally forcing people to undertake university education before they've been taught about debt and usury, let alone knowing what they want from life (presuming cooperate life is nothing most would choose given an 'educated' choice) is helping that situation no end!!

Like, er, mining equipment?

He might be trolling.....

Debt is the root of all evil. The early Christians knew it: http://en.wikipedia.org/wiki/Usury

The result today is that in order to pay off debt, our modern Western Economies require infinite growth. In a finite environment. Doh!

stupid kid.

Bitpop, you are the poster boy of how not to behave in this environment.

That is so incredibly irresponsible I don't know where to begin.

Risking bankruptcy is no laughing matter, and I hope someone else steps in and schools you on this matter as I very much doubt you will adhere to my words.

Bankruptcy is very, very serious and screws your credit history hard!

I've also seen you post a lot of nonsense to raise your post count and beat upon another forum member selling his pre-order for no reason than you want to troll. If this a reflection on you being young, immature, and careless; then seek professional advice on what potential bankruptcy entails for your future.

Really, really f-in stupid move. I hope anyone else considering this as par for the course in lending/borrowing money to fund speculation reads this and does not follow Bitpop's example. Google has tonnes of info on why this is very, very dumb. Moneysavingexpert.com would be an ideal place to start research, do it!

Do not put yourself into bankruptcy over what is tantamount to gambling, albeit what we hope is an educated gamble, for sure there are members here not making informed decisions, Bitpop congrats, you have just confirmed yourself as one of them...

Bargraphics, presumably has more money than sense to wire transfer $60k+, not sure what he expects as an outcome of flying to Sweden will be if this doesn't work out?! Nothing will be the likely outcome!

Even if you have the cash, debt is a very convenient way to mitigate risk.  I've watched many investors in the last couple years successfully mitigate risk with debt in the bottom of the real-estate market and they are now cash rich millionaires.

As with any investment, you have to weigh the risk.

$7000 dollars is a very small scale in comparison, but say you had 1 mil in the bank.  Would you risk the million or borrow from a bank with only 25% down payment?  Your skin in the game is now 250k.  Much more palatable than going all in.

It helped me. I had the exact same question for them. Thanks!

J/

I had reserved a place in queue several weeks ago but no order showed on my account to pay. I emailed to the addresses on the contact page and got this reply within hours:
*****
It’s perfectly normal that you can’t see your pre-orders on the website. But once you have placed a normal order we will match up the numbers and give you the correct place in the queue based on your preregistration.

You need to make a new order and we will then honor your queue placement based on your pre-order as long as you pay before 18:00 CET on Monday when we close the 7 days payment window.
*****

Hope this helps someone.

Investment requires credit. I took a loan to buy a variety of asics. I'll either swim in Bitcoin or file bankruptcy.

Well I hope that's not 'debt' being metaphorically typed.

Neither that or payment by bank transfer are particularly bright...

I'm all in on red

Ouch! Bank transfer?! Hope you know what you're doing...!

Quoted for awesomeness.

+1 the biggest opportunity in Bitcoin is still putting the effort into creating a product or service that apple tips Bitcoins for payment. That takes creativity and effort, the first mover advantage still exists here though, due to lack of competition...

Yeah, but i have cheap electricity. Fixed rate of about 0.07 dollars at my home. Or free for a few years at least,  at a collegues office. If I Choose to host them there. Couldnt get into the 1-500, caught a break on my electricity expenses instead