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rampalija
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November 26, 2013, 11:42:19 PM |
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Refund at dollars That's is knc said at site under the miner
They'll take your 12BTC today and when you ask for a refund in April, they'll sell one BTC when it's $10,000/BTC to refund you and make $110,000 profit  Ordering today basically means you are selling them your bitcoin for $850-$900. you're right. so the best way to buy a neptune is via bank wire. or wait a price correction and buy a few more btc and than hold 10 000 $ buy 10 btcs and hold them for 6 months and you will se how much will u earn
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The Avenger
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November 26, 2013, 11:42:51 PM |
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Refund at dollars That's is knc said at site under the miner
They'll take your 12BTC today and when you ask for a refund in April, they'll sell one BTC when it's $10,000/BTC to refund you and make $110,000 profit  Ordering today basically means you are selling them your bitcoin for $850-$900. you're right. so the best way to buy a neptune is via bank wire. or wait a price correction and buy a few more btc and than hold Hold! But you can see why they are doing the massive pressure sales. They get 500 orders today @ 12BTC = 6000BTC. Maybe tomorrow it'll be 10BTC, so 500x10 = 5000BTC. That's 1000BTC less. Almost $1million. But more importantly, 1000BTC less. Which could be $10million soon. I'm surprised they don't throw in a few free t-shirts and a night with bitcoinorama to get people to part with their btc today 
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"I am not The Avenger" 1AthxGvreWbkmtTXed6EQfjXMXXdSG7dD6
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sickpig
Legendary
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November 26, 2013, 11:45:09 PM |
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I'm surprised they don't throw in a few free t-shirts and a night with bitcoinorama to get people to part with their btc today  LOL
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Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
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rampalija
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November 27, 2013, 12:04:08 AM |
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how many coins do you guys think it will generate overall for 1 Neptune and how long will it take to break even when it delivers
30Btc in March 15btc in April, but prices can be 1000$ or 100$ for 1BTC, now all Jupiter's owners give up their Btc back to knc unknown projects 10000$ x 1200 =12mil$ and the chips manufacturing cost only 4,3$ mil To be honest, I am a bit disappointed that KNC turned a bit greedy here. Not only they don't need all these $12 millions for next generation chips, they already have huge profits from November orders, for which they already had the chips. i tottaly agree with you man, they are greedy
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KGBSlim
Full Member
 
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Activity: 126
Merit: 100
CoinSlingin
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November 27, 2013, 12:04:45 AM |
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To all of you guys bitching and complaining you do know that you can just not order 1 right?? But no really thanks for making this thread a clusterf**k of forum ovulation, really helps us on the thread who are genuinely trying to find out info on KnC orders etc!
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Tips - 16AbA3b2GRR37t6RasVJmoxXTGuGUE1PAP
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The Avenger
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November 27, 2013, 12:07:41 AM |
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Hold! But you can see why they are doing the massive pressure sales. They get 500 orders today @ 12BTC = 6000BTC. Maybe tomorrow it'll be 10BTC, so 500x10 = 5000BTC. That's 1000BTC less. Almost $1million. But more importantly, 1000BTC less. Which could be $10million soon. I'm surprised they don't throw in a few free t-shirts and a night with bitcoinorama to get people to part with their btc today  You get +1 only if production costs are being paid with BTC by KNC. If not, what you say doesn't make sense. Why would they pay production costs in btc? 500 orders @ 12BTC = 6000BTC @ $970 = $5.8million. They could sell the btc proceeds of 500 orders *tomorrow* and that would be enough $ to cover the NRC, right? <speculation> By the time they sell 1200 orders, that is probably NRC + all production costs for the entire run. Every miner after that initial 1200 is pure profit. At a wild guess 1200 + maybe another 5000 noob orders this time round? More? </speculation> Not to mention how much the price of btc will rise while they hold tens if not hundreds of thousands of it.
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"I am not The Avenger" 1AthxGvreWbkmtTXed6EQfjXMXXdSG7dD6
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cepo
Newbie
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November 27, 2013, 12:16:22 AM |
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Why are all of you talking about the KNC numbers? Let them do what they want to do. Everyone knows that these Firms who produce Miners (KNC, BFL, Bitmine..), are the winners here. They let us normal people participate on the biz for a small %.
If you buy 1 Neptune, and run it in lets say in March with a difficulty of 18 billion (lets calculate high), you will earn about about 25 BTC (22k $/current price) Ur still on the + side. Calculate lower and you'll earn more.
So why are you talking about their numbers?
What matters, is how much do you make with a 3TH miner..
cheers.
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The Avenger
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November 27, 2013, 12:23:07 AM |
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Why would they pay production costs in btc?
500 orders @ 12BTC = 6000BTC @ $970 = $5.8million. They could sell the btc proceeds of 500 orders *tomorrow* and that would be enough $ to cover the NRC, right? By the time they sell 1200 orders, that is probably NRC + all production costs for the entire run. <speculation>Every miner after that initial 1200 is pure profit. At a wild guess 5000+ orders this time? </speculation> Not to mention how much the price of btc will rise while they hold tens if not hundreds of thousands of it.
NRC + all production costs = who knows? ...I see what your saying, but you can't be too sure without such details... Cheers I moved my speculation tag to include that part, but you quoted me just before I did it  I agree, that is speculation. But the figures are not unreasonable given some of the figures mentioned in this thread regarding gen1.
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"I am not The Avenger" 1AthxGvreWbkmtTXed6EQfjXMXXdSG7dD6
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DPoS
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November 27, 2013, 12:23:52 AM |
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What matters, is how much do you make with a 3TH miner..
knowing KNC it'll be more than 3TH.. probably 4TH if you have enough power to run it right I think a lot of customers would of been fine buying more of those Nov designed jupiters for a late Feb delivery then not knowing how the Neptune will rollout
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rolling
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November 27, 2013, 12:36:27 AM |
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What matters, is how much do you make with a 3TH miner..
knowing KNC it'll be more than 3TH.. probably 4TH if you have enough power to run it right I think a lot of customers would of been fine buying more of those Nov designed jupiters for a late Feb delivery then not knowing how the Neptune will rollout I think the idea was that they are not going to inflate the network until their competitors do. No reason to sell anything else for delivery now since nobody else is. If that changes, I'm sure they will sell more too. Why start selling the Neptune now? That's what their competitors are doing. Promising something for 3 or 4 months from now and taking in money people want to spend on mining gear. Why not get a piece of the pie rather than let the competitors get stronger. Its really about crushing the competition. Who is going to order Cointerra now?
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Sitarow
Legendary
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Activity: 1792
Merit: 1047
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November 27, 2013, 12:37:23 AM |
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What matters, is how much do you make with a 3TH miner..
knowing KNC it'll be more than 3TH.. probably 4TH if you have enough power to run it right I think a lot of customers would of been fine buying more of those Nov designed jupiters for a late Feb delivery then not knowing how the Neptune will rollout What ever it will be. It will be one of the best hardware available for public consumption.
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btcspender
Member

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Activity: 109
Merit: 10
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November 27, 2013, 12:39:36 AM |
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Just ordered Neptune order #124xx
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fubly
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November 27, 2013, 12:40:48 AM |
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On which diff works your jupiters best?
I m on ghash.io atm, is it ok or exists any better?
------------ p.s. no PM about buying Neptunes, i have orderd 3 over the website with my own reseller id. thx
p.s.p.s. est. BTC price June 2014 = 2400 USD
pspsps: thx Phoenix1969 for your feedback to me
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each time you send a transaction don't forget to use a new address, each time you receive one also!
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rolling
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November 27, 2013, 12:44:21 AM |
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Just ordered Neptune order #124xx
Are they going to oversell the 1200 like they did the cards? That's over 1200 orders based on order numbers alone much less orders with multiple units. I guess it's the first 1200 to pay for their orders then they'll cancel the rest like they did with the cards.
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ImI
Legendary
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Activity: 1946
Merit: 1019
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November 27, 2013, 12:46:32 AM |
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Just ordered Neptune order #124xx
Are they going to oversell the 1200 like they did the cards? That's over 1200 orders based on order numbers. I guess it's the first 1200 to pay for their orders then they'll cancel the rest like they did with the cards. ALOT of those orders are just vapor-orders that never get paid
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monsieur
Member

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Merit: 10
knc-shill-wannabe
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November 27, 2013, 12:49:16 AM |
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The reason I am bitching about is because I cannot afford one  So, all that early customer appreciation program turns out to mean nothing for me.
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mstang83
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November 27, 2013, 12:51:30 AM |
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The reason I am bitching about is because I cannot afford one  So, all that early customer appreciation program turns out to mean nothing for me. Same here.
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CYPER
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November 27, 2013, 12:52:38 AM |
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Refund at dollars That's is knc said at site under the miner
They'll take your 12BTC today and when you ask for a refund in April, they'll sell one BTC when it's $10,000/BTC to refund you and make $110,000 profit  Ordering today basically means you are selling them your bitcoin for $850-$900. How are you not aware that KNC do not take any BTC from Bitpay?
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merv77
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November 27, 2013, 12:54:53 AM |
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Im pretty sure that KNC uses Btipay and it instantly gets converted to fiat. So no they don't have BTC for the sale and that's why they say if you refund in the future you'll get back fiat not BTC
EDIT. you beat me to it CYPER
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johnyj
Legendary
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Beyond Imagination
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November 27, 2013, 01:00:30 AM |
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Power might be the reason for me to not purchase. At least for my apartment, I can't use other power hungry devices when the miner is on --- the circuit break will be triggered
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