Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
bitsalame
on 01/09/2014, 21:48:13 UTC
omg, you are naive, aren't you?
Nothing is free in this world, especially in the business world.
Do you really think that any "free coupons" in any convenience store is actually "free"? The costs are always included in the final price.
Make your own calcualtions, go to ebay or amazon and check all the "free shippings" offerings of any product. You might find either $10+free shipping or $7 +$2.99 shipping... most likely all of the listings will have almost the exact same total price.
This is normal business practice. It is logical that they will want to charge some time for the time consuming process of assembling the units, really could you blame them?
They probably just forgot to spread it out through the different parts.

This is a irrelevant point to nitpick, the main point is that with the price correction it is now the cheapest offering in the market.
Lets put things in perspective, you are complaining about 0.183 when the actual discount is -2.5 BTC.

Like you suggest, I made my own calculations and found FC's to be wrong so I informed him of the error. How on earth does that make me naive? False advertising is not normal business practice at all and until the mistake in that post is rectified that's what it is. As a shareholder, mistakes are not something I like seeing AM make, no matter how small they are. Do you really want people calling FC a liar and a thief or a simpleton who can't do basic maths? We've had enough problems of late, we don't need crap like that adding to them. Either fix the price or add an assembly fee. Problem solved. As it stands though, it's just false advertising and that's something we probably all despise.

PS: Will you give me 0.183 BTC? After all it's only 0.183 BTC so you may as well do so.  Wink

What I meant is that he might have originally intended to do something like this:

–––––––––––––––––
––––––––––––––––––
Hashing Units:
40 x BTC0.160915 = BTC6.4366
Thermal Pads:
40 x BTC0.007915 = BTC0.3166
Ethernet Controllers:
3 x BTC0.0812 = BTC0.2436
Cooling Kits:
10 x BTC0.07266 = BTC0.7266
Fans:
10 x BTC0.01766 = BTC0.1766
Assembly
= BTCFree
–––––––––––––––––
––––––––––––––––––
Total Cost: BTC7.900
–––––––––––––––––
––––––––––––––––––

Basically distributing the 0.183 BTC shuffled on the existing pricing, and leaving the "Free Assembly" for the psychological effect.
Anyway, the arrangement of the pricing is irrelevant, a substantial discount of 2.5 BTC was being offered from its original 10.4BTC to 7.9BTC.
Calling it dishonest is ridiculous, you are making waves on an actual non-issue.

Probably they just hurried up to finish the orders and got the raw price list published, and now it wasn't easy to edit the post because they either had to recalculate the whole price list or suddenly had to add an Assembly Fee with the risk of causing confusion...
Anyway, the new final price of 7.9 BTC, which seems to have been the original price target, still reflects a generous 24% discount; and I think that to call it "deceitful" or accusing of false advertising for an honest mistake and for you losing the opportunity to exploit a semantic loophole for an extra 1.75% discount is quite a stretch, don't you think?

Let's be reasonable.

In any case, I guess that Friedcat is now forced to make some statement on this overblown non-issue. Congratulations, Mabsark.

BTW, having said that, I would appreciate some attention to detail. Some areas that the company seem to be struggling a bit is in its marketing, sales and quality control dept.
AM first mover's advantage is gone, and the game has changed a lot. The first period was all about technical expertise, enginereed by geeks for geeks. Now the tide has changed and it is time for business expertise, how to target the market of clueless laymen and corner the market.
If AM is targeting the retail market, they will have to pay a LOT more attention to the user experience. Don't leave any space for misunderstandings, please start focusing on simplicity, practicality and intuitiveness.

It is time to depart from the forum nonsense and have some professional PR, HR, Marketing, support and a proficient sales team. I hope to see advances in these areas.