After reading this thread and tracking the roi trend in the last 7 days its pretty obvious that resellers are going to start dumping their stock soon.
Take a quick look at the altcoin market place ppl are dumping their D3s (every 2nd 3rd post is a WTS Oct, Nov batch D3). Some even in hand selling for 1 BTC.
Looking at bitmains website the D3 was available to order for hours and no one touched it and it didn't sell out. At time of writing this you can still order one from Bitmain for 1450 USD Nov batch.
https://shop.bitmain.com/main.htm?lang=en Lessons I learned from this is never ever pay or trust a large reseller like Cryptocrane et al. and just because they have HUGE stock doesn't mean they wont fleece you like sheep.
I called out Cryptocrane (CC) on the bitsonline.com website (
https://bitsonline.com/antminer-d3-first-look-review/) for scalping people shamelessly and its apparent now that they are crapping their pants and offering a 15% discount on their D3 that are in hand (10,000 > 8,500).
Ross or whoever deleted their post on bitsonline but the jist of it was that the commenters called them out for scalping.
Funny part is that CC thought that at 10,000$ these would still be profitable.
I'd bet a D3 that you wont get your 10,000 back before the warranty on these things run out.
I hope they get stuck with them and a D3++ launches in a next month or so and unscrupulous reseller and scalpers are left holding an ASIC that isnt worth the materials its made of anymore.
Im not against cloud sigma and other resellers who have reasonable markups and offer value added services like hosting. Just these greedy af reseller like CC who want unrealistically expensive prices for their miners (6 to 7 times the amount for their D3).I hope their stocks sell at a loss so that they learn to leave some of others and learn to share.
When I tried to give CC feedback that they were charging too much they didnt even respond and deleted their posts.
Good to know we can put a face to these greedy people now through their videos. What they do aint illegal but its the kinda shit you hear about and shake your head.
I am not trying to defend Cryptocrane or any reseller out there.
imho, they just a merchant that try to sell high because of higher demand, i dont think they rope the stock from bitmain, its fair and square in process to order from bitmain sales page.
They arent charity foundation, they are merchant and since the ancient time, that how its do work, buy cheap and sell with as much profit as they can get as long as demand still there. Its about demand, its about some greed people that think they can make fast and huge profit from buying and operating D3 asap, even with double or triple original price. Or i can simple said that greed merchant meet greed buyer make the price unreasonable.
Now, some people come to their sanity and wont buy at the price, and start to yelling how expensive the price, for what? to let others know its unreasonable price or to HOPE the reseller will lower their price or event curse them to be loss in investment.
If i am in reseller position, i will do the same, i will buy as much as my business calculation allow it and i will sell as high as people WANT TO BUY it
If i dont buy, some people will do, and some people will do as i do.
If you want to blame, maybe bitmain should take the responbility to the UNFAIR distribution, buy HEY.. bitmain is merchant too.
Like I said before my problem is not that they are selling but at the price they are selling it at.
They bought more than they needed (I understand if they host or bought some for spares) but to sell at exorbitant prices that they are is outright retarded.
CC isnt the only reseller or merchant on the planet that got their hands on the D3 but they are the biggest ones try to fleece buyers.
Everyone knows if you price too high no one will buy; got nothing to do with greed but more with rationale.
We didnt come to our sanity NOW we were bitching about it before the first D3's ever shipped.
Lol dont even get me started with Bitmain they are at a whole other level of douche.
