Quote from: rampantparanoia on October 10, 2013, 06:09:20 PM

Quote from: niothor on October 10, 2013, 06:06:55 PM

Quote from: rampantparanoia on October 10, 2013, 05:28:59 PM

Quote from: ArticMine on October 10, 2013, 05:25:12 PM

I suspect that a trader that convinces himself or herself that the BTC trading volume in China is fake is in for a rude awakening no matter in which direction the market goes.

+1.

Also don't forget: most of these asics are manufactured in China, and the Chinese have a track record of making cost-friendlier clones (even if its just for themselves)

I bet that when they start those cost-friendlier asic clones they will be mining litecoins instead of bitcoins.
There are quality products made in China but the clones made in China are nightmares.

except that litecoins cannot be mined via asics by design.

You're missing my point
I was saying that a bitcoin mining asic clone made in China is more probable to a) not work b) mine litecoins c) electrocute you to death d) mine bitcoins