Post
Topic
Board Hardware
Re: The latest Avalon announcement in China(Translated). Batch #3, price and more.
by
MPOE-PR
on 21/03/2013, 13:58:39 UTC

I really wish the BTC to crash hard just after Avalon starts taking order. We shall see what happens to their BTC 88 - 115 payment plan. Greedy bastards.

My guess:  BTC will still rise, BFL will ship, AsicMiner will grow, so Avalon miner may take up to five month mining back their BTC..  5 month for a free Avalon is a free miner anyway..
They are not greedy bastards, they are a business, the goal of a business is to make money.. They will sell all batch 3, even if those price are as high as it seems.  Buyers will mine back their BTC.  No one will be at lost, so please, if you're not to buy, dont whine !

Right dood, because when you go buy a computer the price is not based on what it costs to make one, the price is based on what you could be earning on a computer if you lived in China and worked elance.com 12 hours a day.

The cost of computing hardware goes down as the generations go up. The price is to follow value. There's zero economical reason for batch 3 to cost even half as much as batch 1 on a fiat basis. 20 BTC give or take.

If there's demand for 60,000 units at 20 BTC, make 60,000 units and walk home with 100k BTC in earned profit rather than this medieval nonsense of "we're only making 600 so we're charging 5x a reasonable price so as to have 97.5% profit margins" netting you a few ks. Business 101, corporatism 101 etc.

Of course...being a company is hard. Being a retarded asshole is easy. Big surprise when wannabe-companies turn out the retarded asshole eh.