Quote from: mww on January 31, 2014, 11:27:57 AM

Quote from: rdyoung on January 30, 2014, 09:31:17 PM

Quote from: pleiotropik on January 30, 2014, 07:40:31 PM

...understood: but CEX.io does represent expectations of future revenue from ghs... ergo the new überminers make the price drop... good indication the miner community sees the arrival as imminent... expect to see ghs/btc in the high .020's soon

Cex.io is a market based commodity. If the new hashing power brought on by cex was actually driving the price down, we would see much lower prices already. But cex brings new power on priced at the average price at the time so as not to upset the market. GHS is not IMO something that should be price regulated by a market. I would like to see a company selling GHS at an ever decreasing rate as their cost per GHS drops. With perhaps a small side market for p2p sales for times when the company has run out of GHS for the moment, but with the majority of GHS being purchased from the company hosting said GHS.

You are mistaken to make any assumptions or decisions based on what cex is trading GHS for. The people/bots trading GHS on cex are out to make a profit buying low and selling high. This is in stark contradiction to supply/demand and moores law. They are not buying and holding looking to make profit via mining, if the majority were then the price would be pushed down with each subsequent jump in difficulty.

I had a ton of GHS with CEX, but when I read about petamine I cashed out 95% of them and bought shares. Pyramining, petamine, cognitive, etc are the places to be invested in, rather than buying from overpriced cloud mining "services" or even trying to run your own hardware at quantities needed to make a profit.

As more people buy the new ASIC's the price will be driven down. The only reason its not going down now is because the people who already have the new ASIC's still have a distinct advantage over the competition. that advantage will ware off in the coming weeks as delivery is ramped up

While that is how supply/demand works. We were discussing the pricing of ghs on cex not for the entire asic market place.
And until there is a company selling asic miners in bestbuy/target/walmart/etc, people will continue to preorder at ridiculous prices and then proceed to never positively ROI because of the time it took to get it to market.
Right now ASICs are a sellers market, everyone wants them, not many are making them, therefore they continue to get a premium for them.