why don't you at least put the funds into ASICMINER PT shares until something worthwhile comes along.

So word on the street is some guys that ordered there batch 2 on the same day as us got a tracking number today any word on ours?

Again, there is the hope and prayer on "new tech" there are 2 products ordered.  3 batches of avalons, 2000 total units and they have only delivered 700 of them in the past 6 months.  Not to mention the thousands of BFL that haven't shipped.  Not sure if you haven't noticed but the estimates are already down to 11%.  The network had a few quick blocks early which made it look as if the retarget was going to be much higher, but hashrate isn't actually higher it's flat.  Like i said before, the network follows price as it's main indicator and price hasn't moved in some time and the network is stalling.  I think this company is missing a great opportunity right now.

I'll just do some quick numbers which I know all of you have done.  But when we are talking about a company here with this size of resources we should really be thinking about putting this to work.  anyway.  Lets say we AVG .225 which is 1/2 of what we would be getting today over the next year which should be looked at as pretty conservative because we know we would get much more then that over the next 2 or 3 months without any doubt.  but that would be .225x365 =82.5 per blade.  that's 50% profit in just 1 year.  and the great thing is, all the investors would be paid back and the company would be paid back 32 of the 50 it spend just in the first year.  now lets assume avg .1 btc a day in year 2.  that's another 36 btc.  and again we still have the mining capacity.  it's obviously going to drop as time goes on and there is some uncertainty.  but i'd rather us buy this now so we know we'll get a payback then wait a year and hope that some better opportunity arrives.

The fact is that there haven't been many opportunities out there that will give such good returns.  And surely if there is a company out there that can make better products they surely won't be selling them until it no longer benefits them to use the product themselves.  There is a reason ASICMINER is selling their equip and it's based on their own hash rate.  They need to increase the network hash to increase their own.  anyway.  Lets not overlook this as a real alternative to hope and prayer.  I see that there is already a strong bias against this but I advise strongly to rethink because there aren't that many opportunities out there and yet we all the the asic companies springing up but none deliver.  There is more risk in waiting on them then just do it now with what we have been presented to us now.  We can be a real powerhouse in the mining arena and at this point blades are our best bet.  As time goes on we will restock the coffers with profits from the blades and payback investors while we wait for these supposed great opportunities which we will be fighting every tom dick and harry for.  Lets do this now and get ahead of the game instead of being right along side the BFL folks.

Buying the blades is a great idea.  I don't understand the point of many of the people on here and their concerns with it.  There isn't any investment that will be out there that will benefit us like the blades will.  Do you all realize that the prices of asics will only come down as difficulty rises.  That's the supply demand side of this.  I would rather us spend 500 BTC on something that will return the 500 btc after lets say 6 months and then from there on we have mining capacity for life.  If you keep waiting we will never have any mining capacity other then the 2 avalons that will ship when?  There is zero reason for us not to buy the blades.  People keep looking at this as if we are getting some massive interest rate on the BTC in hand.  We don't.  Do every 3 weeks that we don't spend it means the difficulty rises and ROI shrinks.  You have to look at it in a better way which is we pay the going rate now which will be the same ROI as if we wait x days til a supposed better opportunity arrives.  In all honesty after 1 year of mining all investors will be paid back their initial investment as well as the company can reinstate the growth policy and it will be completely refilled.  I mean come on.  Why are people so gung ho about keeping 1k BTC in the coffers for some opportunity that has never arrived?  The blades are a great way to put the mining company mining.  I mean seriously, i've spent $3k USD on mining equipment and i'm mining 2x as much as BASIC is.  Time to put the money to work that investors have invested 200k on. 

blah blah blah noob.. blah blah blah josh .. blah blah blah shill .. blah blah blah sock puppet..

blah blah blah astro turf .. blah blah blah obviously Mr Obvious being obvious ..

You guys need a new repertoire.. Really.

Good to hear another voice rather than the usual rants. Hopefully BFL will soon start serious shipping and finally silence the trolls.

Nah.. i just wanted to say all that, without caring if it has been discussed before..

Avalon has the same great opportunity that BFL has -- why ship out something to your customers if you can plug it in and double your ROI?  Sell it to them after the difficulty climbs up 2x.  Wouldn't you do the same?  This inevitable business strategy that comes from these mining companies causes dreamers like creativex to sit back waiting for someone to sell him a golden shovel.  Nobody will sell you a golden shovel, dude.  If someone had a supply of ASIC chips that were 4x cheaper than eruptor blades, they WOULDN'T let you have them!  It would be like giving away free money, you would be insane to think that you might be able to get some -- stop dreaming!

I will dare to sound a bit rude on this one, but here's my thought on buying BFL pre-orders:

While I believe that BFL *might* eventually (like in a year or so) ship either was they promised or not-that-much-what-they-promised-but-better-than-nothing, I have good reasons to think that they may fail completely and never deliver anything, and the primary reasons for this wouldn't be technical reasons.

The current business conduct of BFL and/or Josh is unacceptable. What would you expect from a business that has failed to deliver their pre-orders for almost one year? You would expect them to stop taking MORE, NEW pre-orders, wouldn't you?

Second, Josh seems to spend a considerable time fighting back libel and/or insulting those who insult him, like if he were a kid in school fighting back others "that have started it". This is not business behavior, but rather childish.

Possible outcomes could be someone going really crazy about the whole thing and shutting them down completely with legal lawsuits. This is a much more probable outcome in my opinion than what others seem to think on the forum. And as much as I would hate that, if things go to awry for them and it gets really personal, someone too angry could go beyond reason and physically attack him (even shoot him down). This is the main reason why I think they pretend their most expensive "Mini-Rig" to be soldout, they don't want to take the risk of holding too much money from the same man.

These are the reasons why I think buying BFL pre-orders from people tired of waiting is a bad investment.

not that, its about how do you keep people accountable in pre-order resales

like do they give you their BFL login/password and change the shipping address? I don't really see how escrow would be helpful for all legs of the exchange etc. this is more so curiousity because I see alot of other ppl doing it

how do you handle buying bfl preorders? if you were to. I dont understand how the exchange would work

just curious, what are your plans for when the SEC gets an emergency injunction and seizes all your assets. you are an american issuing securities

maybe you should look into a reverse merger and list on the pink sheets, you have enough funds for that

you can't confirm that the people buying are americans but you should at least pretend that this isn't offered to americans