Quote from: carnitastaco on June 25, 2013, 07:58:13 PM

Quote from: btceic on June 25, 2013, 07:35:42 PM

Quote from: carnitastaco on June 25, 2013, 07:13:07 PM

level of demand @ $400 does not equal level of demand @ 2 BTC, just like level of demand @ 2 BTC does not equal level of demand @ 1 BTC. This is standard Econ 1 stuff.

what?

if these were priced at .50 btc i would buy 10 right now, the level of demand would increase and he would sell more of them to more people, thus increasing his profitibility long term. as they are/were priced i have not bought any.

yeah thats exactly what I'm saying, except in response to the person saying FC could price them HIGHER because people on ebay were overpaying. More people will buy at 2 btc than $400, more people will buy at 1 btc, than 2 btc. The ultimate profit maximizing sale price is not the highest price a few people are willing to pay.

No that's called price gouging, or profiteering, i.e. taking advantage of people in the current ASIC environment.

Whether you buy now, or later at his reduced price you are likely to profit the same (if at all), as he steals all to gain from the situation for himself. All you've done this past month by owning one is make cash for friedcat. The same of those that buy now in a few weeks time when prices are slashed again. It's nonsense to buy anything from asicminer unless for novelty purposes.