Author

Topic: Swedish ASIC miner company kncminer.com - page 703. (Read 3050075 times)

newbie
Activity: 42
Merit: 0
January 24, 2014, 03:51:49 PM
Not surprised by the amount of refunds lately, actually expected more. With Cointerra, Black arrow and Bitmine all likely shipping prior to Knc it just seems like a very bad deal. Even with 30% diff jumps it won't be profitable and I doubt we'll see that in february and march.

Not trying to take a jab at those of you who decide to keep yours, I just think it's sad that Knc aren't even trying to let their customers make money

In fact, there's good reason to think many of them won't ship at all. The reasons I'm referring to are KNCminer having delivered and the failure of others to do the same.

Dude, HashFast is shipping in bulk. Cointerra is like 99% ready. Bitmine has taped out and got their chips... you´re kind of looking like:

http://www.murdoconline.net/wordpress/wp-content/uploads/2010/07/iraqi-information-minister.jpg
sr. member
Activity: 308
Merit: 251
I like big BITS and I cannot lie.
January 24, 2014, 03:48:06 PM
Not surprised by the amount of refunds lately, actually expected more. With Cointerra, Black arrow and Bitmine all likely shipping prior to Knc it just seems like a very bad deal. Even with 30% diff jumps it won't be profitable and I doubt we'll see that in february and march.

Not trying to take a jab at those of you who decide to keep yours, I just think it's sad that Knc aren't even trying to let their customers make money

There is no reason to think they will all ship prior. In fact, there's good reason to think many of them won't ship at all. The reasons I'm referring to are KNCminer having delivered and the failure of others to do the same.

Anything can happen, but to make a statement like you have is erroneous. If you were to gather information and make an accurate statement, it would be that KNC is likely to deliver in the time frame in which they've outlined because they have made good on that promise in the past which is the only piece of information that is of any importance to this conversation(mostly because KNC has been so tight lipped). On the flip side, the only information we have that can indicate the likely outcome of other manufacturers is the fact that there have been multiple scams and failures.

As much as we'd all like to give more value to our emotional assessment of things, we must look at hard facts. There aren't a lot of them... which is why this thread is two billion pages long, people are jumping ship, and there is general panic overtaking some people. I believe much of this panic is because lots of these people have "invested" money they really shouldn't have. Others whom seem to respond much more intelligently and calmly are likely solid, financially, and indeed "speculated" with money they can afford to lose.

Do I want to lose 13,200 bux? No. Can I lose 13,200 bux and would my life not be impacted? Yes, but my "feeling" is that, as I read many of people's reactions, these individuals cannot say the same. If you are freaking the F out over not getting ROI in seven days you have some very rigid expectations.  Normalize your expectations and you'll find your perspective of this whole thing is a bit more sane.

My requirement? N O T H I N G. This is a complete gamble, and if you don't think it is you're freaking tripp'n!  Best case scenario expectation? BTC to da moon and diff between 5 and 10 b. What is my expectation for what I think is the likely scenario? Diff closer to 10b, price having moderately increase, perhaps 1,500 - 2,000. Worst case scenario is diff of 20 billion and price crash below 500. Do I think my "feelings" are correct? I haven't the faintest clue...
newbie
Activity: 42
Merit: 0
January 24, 2014, 03:45:36 PM
oh, so we can sell the machines for them, but we're not allowed to profit?  hahaha good luck with that

I wonder if this is something in north european culture that we are missing? In US "speculation" or "profit" is not considered unfair or something bad.
link
http://forum.kncminer.com/forum/main-category/acccounts/28538-rationale-of-refund-but-no-resale

To cut in line, no matter what, is considered really, really rude in Scandinavia.
We don´t do that shit.

Cutting in line means increasing the number of people in the queue with 1.
Selling your pre-order to somebody else means you leaving the queue and somebody else taking your spot.
How is that rude?
From the all other people in queue point of view nothing has changed.

Except the bad after taste and the person behind you loose his opportunity to move up in the que (as agreed to happen if someone ask for refund). No serious business here in Scandinavia allows that shit, it´s unprofessional.
hero member
Activity: 854
Merit: 500
January 24, 2014, 03:42:35 PM
22nd January 2014, 10:35 AM
Hi guys,

At the moment priority number 1 is Neptune, but upgrade modules are most definitely on the cards. If you haven't already, please sign up to our newsletter on our website as this will be the first place that we announce any updates.

We hope to have some more information soon!
sr. member
Activity: 280
Merit: 250
Hell?
January 24, 2014, 03:41:39 PM
oh, so we can sell the machines for them, but we're not allowed to profit?  hahaha good luck with that

I wonder if this is something in north european culture that we are missing? In US "speculation" or "profit" is not considered unfair or something bad.
link
http://forum.kncminer.com/forum/main-category/acccounts/28538-rationale-of-refund-but-no-resale

To cut in line, no matter what, is considered really, really rude in Scandinavia.
We don´t do that shit.

i dont think you know what "cutting in line" means in reference to what we are talking about here...
hero member
Activity: 812
Merit: 502
January 24, 2014, 03:40:00 PM
oh, so we can sell the machines for them, but we're not allowed to profit?  hahaha good luck with that

I wonder if this is something in north european culture that we are missing? In US "speculation" or "profit" is not considered unfair or something bad.
link
http://forum.kncminer.com/forum/main-category/acccounts/28538-rationale-of-refund-but-no-resale

To cut in line, no matter what, is considered really, really rude in Scandinavia.
We don´t do that shit.

Cutting in line means increasing the number of people in the queue with 1.
Selling your pre-order to somebody else means you leaving the queue and somebody else taking your spot.
From all other people in the queue point of view nothing has changed.
How is that rude?
newbie
Activity: 42
Merit: 0
January 24, 2014, 03:37:08 PM
oh, so we can sell the machines for them, but we're not allowed to profit?  hahaha good luck with that

I wonder if this is something in north european culture that we are missing? In US "speculation" or "profit" is not considered unfair or something bad.
link
http://forum.kncminer.com/forum/main-category/acccounts/28538-rationale-of-refund-but-no-resale

To cut in line, no matter what, is considered really, really rude in Scandinavia.
We don´t do that shit.
sr. member
Activity: 280
Merit: 250
Hell?
January 24, 2014, 03:29:19 PM
yup, its official. I bailed. Sorry KNC, your success went to your head.
full member
Activity: 182
Merit: 100
January 24, 2014, 03:26:49 PM
Not surprised by the amount of refunds lately, actually expected more. With Cointerra, Black arrow and Bitmine all likely shipping prior to Knc it just seems like a very bad deal. Even with 30% diff jumps it won't be profitable and I doubt we'll see that in february and march.

Not trying to take a jab at those of you who decide to keep yours, I just think it's sad that Knc aren't even trying to let their customers make money
legendary
Activity: 938
Merit: 1000
LIR DEV
January 24, 2014, 03:08:36 PM
I totally disagree with him, of course...   why?  The existing que customer paid less, therefore has an advantage.

Right, was it fair to have both TIME and price advantage? Usually it is one or another, but both? It felt unfair for sure.
I doubt Sam or Marcus told him to say that, seriously.
legendary
Activity: 3990
Merit: 4597
January 24, 2014, 03:05:01 PM
I totally disagree with him, of course...   why?  The existing que customer paid less, therefore has an advantage.

Right, was it fair to have both TIME and price advantage? Usually it is one or another, but both? It felt unfair for sure.
legendary
Activity: 938
Merit: 1000
LIR DEV
January 24, 2014, 02:55:14 PM
"Hi,

We are aware that some customers are trying to sell their placement in the queue, whilst charging an extra fee to their buyer for this service. Whilst this is most likely a scam, it is entirely unfair to the customers already in the queue system and also unfair to others who did not get a chance to purchase a miner from us, thus we cannot endorse this in any way.

When a refund takes place, the customers behind them in the queue move up one place, which we believe is the fairest solution for all.

If any refunded Neptune miners do become available for purchase, we will add these to our web shop in due course"

we're scammers now...hehehe
"it is entirely unfair to the customers already in the queue system"
must be what you mean....
and I totally disagree with him, of course...   why?  The existing que customer paid less, therefore has an advantage.
member
Activity: 63
Merit: 10
January 24, 2014, 02:52:59 PM
oh, so we can sell the machines for them, but we're not allowed to profit?  hahaha good luck with that

I wonder if this is something in north european culture that we are missing? In US "speculation" or "profit" is not considered unfair or something bad.
I don't see Kurts comments saying what you are talking about... link please?

knc and others are selling pre-orders.  Selling an order of their pre-order is almost the same thing.  In both cases, neither party has the product in hand.  There's no difference, except for the addition of another middle man.
legendary
Activity: 938
Merit: 1000
LIR DEV
January 24, 2014, 02:49:50 PM
oh, so we can sell the machines for them, but we're not allowed to profit?  hahaha good luck with that

I wonder if this is something in north european culture that we are missing? In US "speculation" or "profit" is not considered unfair or something bad.
I don't see Kurts comments saying what you are talking about... link please?

all I see is...   "Purchasing the Neptune miner from another source is definitely not a good idea. Please be aware that customers who have paid Neptune orders with us cannot change any shipping or billing information."

which means nothing except we have to reship them
legendary
Activity: 3990
Merit: 4597
January 24, 2014, 02:46:16 PM
oh, so we can sell the machines for them, but we're not allowed to profit?  hahaha good luck with that

I wonder if this is something in north european culture that we are missing? In US "speculation" or "profit" is not considered unfair or something bad.
link
http://forum.kncminer.com/forum/main-category/acccounts/28538-rationale-of-refund-but-no-resale
legendary
Activity: 938
Merit: 1000
LIR DEV
January 24, 2014, 02:41:21 PM
oh, so we can sell the machines for them, but we're not allowed to profit?  hahaha good luck with that

...and as for selling Jupiters on E-Bay for triple.....   we/they own them, and there's NOTHING to stop you from selling something you own, for whatever price people are willing to pay. Simple as that. Too damned bad if they don't like it. imho
What gives them the right? I don't see Kurts comments saying what you are talking about... link please?
legendary
Activity: 3990
Merit: 4597
January 24, 2014, 02:37:55 PM
It seems that KnC considers selling preorders as unfair.
Is it? What is board's opinion on this?
In US we are perfectly in our right to sell preorders on pretty much anything: tickets, iphones, game consols (PS4, Xbox)
Why it is fair to sell used Jupiter for triple the price, but "not fair" to sell a preorder?
What? Every batch barring the upgrade boards have been preorder. What are you referring to?

Check out a stern note from "Kurt" on the company forum
I am talking about re-selling of preorders by individuals.
legendary
Activity: 3234
Merit: 1221
January 24, 2014, 02:35:22 PM
It seems that KnC considers selling preorders as unfair.
Is it? What is board's opinion on this?
In US we are perfectly in our right to sell preorders on pretty much anything: tickets, iphones, game consols (PS4, Xbox)
Why it is fair to sell used Jupiter for triple the price, but "not fair" to sell a preorder?
What? Every batch barring the upgrade boards have been preorder. What are you referring to?

He means selling your pre-order to someone else.
legendary
Activity: 938
Merit: 1000
LIR DEV
January 24, 2014, 02:33:25 PM
It seems that KnC considers selling preorders as unfair.
Is it? What is board's opinion on this?
In US we are perfectly in our right to sell preorders on pretty much anything: tickets, iphones, game consols (PS4, Xbox)
Why it is fair to sell used Jupiter for triple the price, but "not fair" to sell a preorder?
What? Every batch barring the upgrade boards have been preorder. What are you referring to?
KNC didnt sell jupiters for 3x the price...we did...  and with reseller I.D's being issued....   I don't see the problem.
Is there some statement saying otherwise we missed here?
legendary
Activity: 3990
Merit: 4597
January 24, 2014, 02:31:38 PM
It seems that KnC considers re-selling preorders as unfair.
Is it? What is board's opinion on this?
In US we are perfectly in our right to re-sell preorders on pretty much anything: tickets, iphones, game consols (PS4, Xbox)
Why it is fair to sell used Jupiter for triple the price, but "not fair" to re-sell a preorder?
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