Bitcoin Forum

Bitcoin => Group buys => Topic started by: wasamata on December 26, 2013, 08:47:28 AM



Title: [Cloud Hashing shares OPEN] 0.05 Btc for 10 GH/S for 6 months Starting in March
Post by: wasamata on December 26, 2013, 08:47:28 AM
100 shares are being sold for black arrow 6 months rent some minions 1 TH/S @ 10 GH/S $35.5 per share (currently .05 per share.)

This is not for equipment this is to be hosted by Black Arrow.

details here:-

(http://www.blackarrowsoftware.com/store/rent-some-minions-6-months.html)

100 x .05 = 5 btc
5 btc x 710 = $3550 ($500 to me for coordinating and accounting your payouts for 6 months)
1 share buys you 10 GH/S

I have personally confirmed with Black Arrow that we are welcome to purchase their cloud hashing this way.

1. Wasamata= 10 shares

90 shares remain

Payment by BTC only to my wallet address: 1KMNqDKVTfgRiar2X6cLSdt4NmBdu5xrjM

Reserve or make payment and then post your details/ amount here.

I will be responsible to send your dividends out as they come from Black arrow.

I will use Bitcoin wisdom to calculate your share of the dividends when they arrive (http://bitcoinwisdom.com/bitcoin/difficulty)

Order will be placed once all shares are sold.


Title: Re: [Group buy OPEN] 0.07 Btc for 10 GH/S for 6 months Starting in March
Post by: railzand on December 26, 2013, 09:08:44 AM
$3,050.00

and various other questions


Title: Re: [Group buy OPEN] 0.07 Btc for 10 GH/S for 6 months Starting in March
Post by: Tasweb on December 26, 2013, 09:38:19 AM
What Railzand said....

How does 50 x 100 = $3050?

How does (0.07 * $710) * 100 = $3050?

[EDIT] Corrected my silly typo!
it's 0.07 BTC per share no 0.70


Title: Re: [Group buy OPEN] 0.07 Btc for 10 GH/S for 6 months Starting in March
Post by: wasamata on December 26, 2013, 09:41:40 AM
I'm doing all the work in terms of accounting hence a small mark up

it's 0.07 BTC per share no 0.70

0.07 x 100 = 7 BTC

7 BTC x $710 = 4970$


Title: Re: [Group buy OPEN] 0.07 Btc for 10 GH/S for 6 months Starting in March
Post by: Tasweb on December 26, 2013, 09:50:23 AM
I'm doing all the work in terms of accounting hence a small mark up

Fair enough, I guess people will decide if you coordinating this group buy is worth an extra ~ $2000. Thanks for going to the trouble but I think I might pass....


Title: Re: [Group buy OPEN] 0.07 Btc for 10 GH/S for 6 months Starting in March
Post by: wasamata on December 26, 2013, 10:02:54 AM
At $5 per GH i've seen worse deals on this forum and for 6 months of coordinating, setting it up, and having the idea I felt it is a reasonable fee but am open to suggestions.


Title: Re: [Group buy OPEN] 0.07 Btc for 10 GH/S for 6 months Starting in March
Post by: wasamata on December 26, 2013, 10:16:01 AM
At $5 per GH i've seen worse deals on this forum and for 6 months of coordinating, setting it up, and having the idea I felt it is a reasonable fee but am open to suggestions.

Reduce price due to feedback. Now 0.05 btc per share.


Title: Re: [Group buy OPEN] 0.05 Btc for 10 GH/S for 6 months Starting in March
Post by: railzand on December 26, 2013, 10:37:25 AM
I have personally confirmed with Black Arrow that we are welcome to purchase their cloud hashing this way.


Payment by BTC only to my wallet address: 1KMNqDKVTfgRiar2X6cLSdt4NmBdu5xrjM


I will use Bitcoin wisdom to calculate your share of the dividends when they arrive (http://bitcoinwisdom.com/bitcoin/difficulty)  edit: apologies, above should be in quotes

Reduce price due to feedback. Now 0.05 btc per share.

ok thanks, wouldn't be that much work

proof please of blackarrow blessing

escrow please not your wallet

don't understand this part about bitcoinwisdom maybe i'm thick

please get yourself groupbuy vetted

good luck


Title: Re: [Group buy OPEN] 0.05 Btc for 10 GH/S for 6 months Starting in March
Post by: wasamata on December 26, 2013, 10:49:53 AM
I will use bitcoin wisdom to calculate each persons share of the pool dividends. For example mike has 10 shares I input 100 GH into bitcoin wisdom calculator to give me his share, John has 1 share, I input 10 GH/s into bitcoin wisdom to give me his share. That's all i mean there.

Not taking Escrow as a payment form as have had a bad experience with it. Bitcoin to wallet only.

Don't know what groupbuy vetting is?

Screen shot of email from Black arrow received yesterday:

http://postimg.org/image/4q7wbwo2x/


Title: Re: [Cloud Hashing shares OPEN] 0.05 Btc for 10 GH/S for 6 months Starting in March
Post by: railzand on December 26, 2013, 11:16:22 AM
suggest use actual receipts/100 per share

no escrow probably won't fly for me. there are plenty of gooduns. btc only i do follow

find out. sorry to be blunt, but you know ... trust and all that

nice email img

further thoughts, could you be v clear about your markup, and link btc price per share to daily market price?


Title: Re: [Cloud Hashing shares OPEN] 0.05 Btc for 10 GH/S for 6 months Starting in March
Post by: wasamata on December 26, 2013, 11:24:15 AM
At $35.5 a share or thereabouts I will update the btc price per share daily or when there are any major swings up or down. All other details are set out in the OP.

Receipts are a good idea and happy to send if people want one they can pm their email address.


Title: Re: [Cloud Hashing shares OPEN] 0.05 Btc for 10 GH/S for 6 months Starting in March
Post by: Brewins on December 26, 2013, 11:50:48 AM
In march the roi will be rubbish, unless the difficulty stops increasing like it is


Title: Re: [Cloud Hashing shares OPEN] 0.05 Btc for 10 GH/S for 6 months Starting in March
Post by: wasamata on December 26, 2013, 12:03:04 PM
Then to be fair why dont u go post your comment on every other pre order offer thread, or just a bored troll?  ::)


Title: Re: [Group buy OPEN] 0.05 Btc for 10 GH/S for 6 months Starting in March
Post by: BryanK on January 26, 2014, 02:21:52 PM
I will use bitcoin wisdom to calculate each persons share of the pool dividends. For example mike has 10 shares I input 100 GH into bitcoin wisdom calculator to give me his share, John has 1 share, I input 10 GH/s into bitcoin wisdom to give me his share. That's all i mean there.

Not taking Escrow as a payment form as have had a bad experience with it. Bitcoin to wallet only.

Don't know what groupbuy vetting is?

Screen shot of email from Black arrow received yesterday:

http://postimg.org/image/4q7wbwo2x/

I appreciate the gesture here. However, you are a JR member within basically 0 Feedback.
Not accepting Escrow
Already setting up GB's

This just throws some red flags.  People won't risk their investment if you don't provide some sort of security/collateral.

Just my $.02


edit: and having what appears to be virus issues on your computer.


Title: Re: [Cloud Hashing shares OPEN] 0.05 Btc for 10 GH/S for 6 months Starting in March
Post by: sconklin321 on January 26, 2014, 06:03:29 PM
Why use bitcoin wisdom to calculate payment?  One share = 1% of the bitcoin generated.  Much simpler to calculate and doesn't penalize the buyers if they get lucky.


Title: Re: [Cloud Hashing shares OPEN] 0.05 Btc for 10 GH/S for 6 months Starting in March
Post by: tripppn on January 26, 2014, 08:25:18 PM
In march the roi will be rubbish, unless the difficulty stops increasing like it is
Like there's a chance of that happening... The Neptunes are coming!!! The Neptunes are coming!!!   :'(