Quote from: detail3 on June 23, 2013, 08:48:41 PM

Quote from: newguy05 on June 23, 2013, 08:03:34 PM

Quote from: detail3 on June 23, 2013, 07:08:05 PM

Its smart for Avalon to ship your chips because they have future orders to think about...any business that can't see past the horizon of say...next week won't be in business very long. Delaying shipping, especially purposefully, really hinders all future revenues for Avalon in this case. You KNOW Terrahash will order more chips, by way of example, but not until these orders are filled.

I think the main disconnect between our arguments is simply that I realize businesses don't benefit directly screwing people, not for long anyway. You're also totally discounting future chip orders that would be hindered by this 'two more weeks' game. I'm not saying you're wrong, just that I disagree.

"I have been trading risky equities, options+futures and fx all my life both professionally and as a hobby, never seen a market with so much bullshit and scam yet at the same time so many people willing to part with their hard earned money over blind faith. Hell vegas seemed tame by comparison."

Me too, and its insane.

FWIW, my bet is on TH and Avalon, I also would have bet on KNC...but that's it.

You are missing the point though, if they fill all those orders now -> difficulty goes up significantly -> their hardware prices have to drop in accordance in order to have any future orders. So it's not that if they ship it now, someshow people will place more future orders. It's all linked back to controlling the difficulty.

There is no long term, no running a legit business planning for the future. It's a mad dash cash grab to suck in as much preorder money as they can before the difficulty hit the threshold that makes hardware prices drop to their cost basis while trying hardest to delay shipping->difficulty, after the hardware balances out then btc will trade just like any other commodity.

Well, I see your point, suffice it so say that in effect I simply disagree with your conclusion. I actually think there is a future for companies in this emerging field...that is to say...dedicated miners.

There definitely is some future, possible if they are among the first ones to ship thus making them more reliable then the rest, but if they have a working product, why not mine your self for a few days/weeks then ship em out Wink

More profit in your pocket Cheesy

Then again, there is so many of these alt coins they can always make dedicated miners for the other coins...