Because they got lucky once shooting fish in a barrel and then concluded they were fucking geniuses? Then proceeded to fuck all their existing customers, thinking they would always have new suckers who would buy.

Knobtune is now totally unattractive, except for those going the distance with massive datacentre's in Iceland (i.e. no one).

Now that the btc market has tanked, they are only getting orders in the 100's, rather than 1000's. Like every bunch of "geniuses", when things started to go bad, they decided to invest big. Lot's of advertising and lots of capital investment.

Now they have to break all their products down into smaller and smaller pieces to try to suck in the newbies, BFL style. They are desperately trying to cut costs by selling shit with 90 day warranty (i.e. a warranty suitable for used or refurbished goods) or no warranty at all. That and the "no refunds" policy makes the risks wayyyyy to great for any reasonable investor. KNC don't believe in their products, nor do they want to take any responsibility for them. That should be a massive red flag for anybody thinking about ordering from them.

They have made every classic mistake in the book through greed and ignorance. Their ego's got the better of them.

The market for btc hardware is quite small, but knc figured it was enormous and they could cut the throat of all their existing customers and it wouldn't matter. Well, we'll see how that goes for them.

If the price of BTC stays low for long enough, we'll start to see all these parasites die off.

Wooo hooo!




tl/dr KNC are assholes