Quote from: 2112 on January 30, 2013, 01:56:59 AM

Quote from: dbasql on January 30, 2013, 01:20:41 AM

Let me start by saying I am a total newb when it comes to Bitcoin and this website. I am not a newb when it comes to running a business. My entire reason for even giving a shit about Bitcoin is the ASIC technology. I don't gamble, want items secretly in the mail, need to tip whores etc.

Maybe you aren't a newbie in the business, but you've still remained remarkably naive.

Bitcoin is a new frontier; very much like petroleum exctraction was some time ago. Go rewatch Dallas or Dynasty on fast forward, but this time with understanding of the business undercurrent in those shows. At least in Bitcoinia nobody is kidnaping people's children, setting factories on fire, etc.

Really, learn some history. eldentyrell named his FPGA bitcoin operation "Tricone mining". Actually go to the library and research the conditions which oil drillers had to accept to lease tricone driling bits. Yes, lease and not buy.

Most of you calling themselves businessmen or customers are just whiners, wannabes or effete mamma-boys. Do you really think that you have it hard?

Just for the lulz. Otherwise you have a point somewhere in there.

Quote from: fcmatt on January 30, 2013, 02:33:56 AM

In a year or so asics will be todays gpus. The excitement will be over and incremental asic upgrades will not matter much. The early birds will do well and even the some what late comers will make some money... But the mad rush will be satisfied and the asic companies will be yesterdays news. What then? Right back where we started with the most clever coming up with a good business model that just happens to accept bitcoins. The same type of people who do well with or without btc.

No, actually I'm betting it will be a financial competition. As it is always the case in commodified unregulated markets, he who knows best how to use MPEx options and futures wins.

Quote from: 2112 on January 30, 2013, 03:23:17 AM

Otherwise you run the risk that your highest point of involvement in the Bitcoin experiment will be "I hit the Ignore button on one college educated know it all with not a single callus on his hands because he was disrespectfull to the new user with a reasonable post". Even your own grandchildren will snicker at that, they will prefer to listen to the stories of an antique wood dealer.

Your point is valid but grossly misapplied, it seems to me. Ignoring or not ignoring wanna-be representatives of wanna-be producers of a technology that still lies squarely outside of both the intellectual and financial purview of this entire collected community is not at all akin or even vaguely comparable to "ignoring that one cool guy".

I'll bet you strippers to nerds or fine gourmet meals to pots of ramen that you're all currently ignoring the people who are actually making ASICs and who will dominate the ASIC market for years no questions asked simply because they can't be bothered to come to this forum and talk to you at all. I know this because experience teaches: it's what you did re MPEx a year/eternity ago.