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Love the thread. Expect a retest of $79 low from May 3rd. Do not expect a breach of this level. If so (a breach), a quick drop of $20 would be expected with a severe upside bounce after that.
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UpdateThis is a picture showing the relative size to the laptop. One with heatsink and one without.  We also tested it on the USB-hub. Seven in a row run over a whole night and are all very stable.  Will these fit in usb as shown with heatsinks attached? Also, are they usb 2.0 compatible ( I assume they are). Finally, will they work on bitminter with their java program. Thanks. |
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ok, i'm awake! yep. Also can we hold off payments until the sale thread goes up?
absolutely. no payment is expected at this time as it's pointless until the 300 is reached. and equally pointless until the purchase can actually be made. though it might take a couple days to get everyones payments. john, OP updated. here's the up-to-now list. arklan 3 0.09000000 bigbeninlondon 1 2.10130000 hephaist0s 3 6.30390000 BlackLilac Grant 10 21.01300000 johnny5 20 42.02600000 Stevenrm87 1 2.10130000 AForceNinja 5 10.50650000 DPoS 4 8.40520000 CanaryInTheMine 1 2.10130000 Bogart 10 21.01300000 Oaxaca 10 21.01300000 Photon939 2 4.20260000 purplesquid 11 23.11430000 zapeta 5 10.50650000 GreatBug 5 10.50650000 thoughtcourier 1 2.10130000 Herbalconfusion 5 10.50650000 Pez 1 2.10130000 cchan 5 10.50650000 el3ctrophile 4 8.40520000 logicbomb666 1 2.10130000 win07 1 2.10130000 bitcoinmike 4 8.40520000 Noitev 1 2.10130000 DeveloperFish 5 10.50650000 chaxattack 2 4.20260000 muyuu 2 4.20260000 shep80 1 2.10130000 ensign_lee 5 10.50650000 wa4hsh 2 4.20260000 silverbox 1 2.10130000 Klestin 5 10.50650000 Timzim 4 8.40520000 CommanderVenus 1 2.10130000 twobits 3 6.30390000 lostmach 5 10.50650000 tigerfree 1 2.10130000 Kushedout 2 4.20260000 veryveryinteresting 2 4.20260000 SilentSonicBoom 1 2.10130000 aahzmundus 3 6.30390000 Xian01 10 21.01300000 RoboCoder 10 21.01300000 Naelr 2 4.20260000 arij 3 6.30390000 novusordo 1 2.10130000 themgp 1 2.10130000 doubledave 2 4.20260000 timewaster 2 4.20260000 reactor 3 6.30390000 twmz 1 2.10130000 Total remaining to be sold please. Thanks. |
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250 directly registered shares for sale.
Minimum: 1.18 BTC each
Minimum bid increment: 0.01 BTC each
All bids are binding. Payment must happen within 48 hours of the end of the auction, unless you make alternate arrangements.
Happy bidding! Auction ends on May 6, 5:00 UTC
Timer removed. End time: 2013-05-06+5:00:00UTC
All bids are binding. Then they offer extra and they are magically "out" of auction? |
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Due to exits from the auction, this is the final list:
ID Username Shares Price
---ACTIVE BIDS---
96 yxt 1 1.3
109 Mceee 1 1.25
103 GoldenWings91 1 1.22
106 dbasql 3 1.22
112 saveawedge 2 1.22
102 nottm28 3 1.21
110 puexam 2 1.21
111 Equilux 8 1.21
104 Ajay 50 1.2
105 eastpk 35 1.2
107 hiima 2 1.2
108 Nancarrow 18 1.2
93 Rodyland 20 1.19
95 gog1 75 1.19
87 SilentSonicBoom 2 1.18
89 nlive 27 1.18
---OUTBID---
89 nlive 23 1.18
90 hephaist0s 5 1.18
91 fpgaminer 15 1.18
92 dozerz 5 1.18
94 box27 1 1.18
97 dbasql 3 1.18
98 eastpk 35 1.18
How does one "exit from the auction"? I can't determine if I should place another bid as I have been outbid for over 24 hours and now I am magically back in the bidding. What gives? |
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I think so. Also note that due to rounding, 2.1013 leaves you short 9 bitcents, so either your fee is 3 units minus 9 bitcents, or round up to 2.1014 and call it a day.  I expect everyone would have been fine with your 2.10812 price, but you did ask for a math check!  Also, change price on first page as suggested earlier. Thank you. |
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ya know what, i just realized something - i think my math regarding my fee is wrong.
it's 1.99 per unit plus .05 = 2.04 + 2% = 2.0808 x 300 = 624.24. but im an idiot and didn't include the 6 btc that would be my fee. even if i'm taking it as miners, it's gota come from somewhere. cause as is it stands, it's 2.0808 x 297 = 617.9976. so... so there's a remaining 6.24 (call it 6 btc even since i don't have to pay myself shipping) that needs to becover. so, 6/297 = .02020202~ so that DOES change the price.
price revision is 2.10812 btc per unit.
man, i hate math. someone double check this for me?
Please be aware, you will need a lump sum of cash to pay for the shipping of units to individuals. I hope you have this cash or an easy way to convert btc to cash to pay the shipping costs. i've got that part covered, yea. Great! Sign me up for one unit at this time. Thanks! |
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ya know what, i just realized something - i think my math regarding my fee is wrong.
it's 1.99 per unit plus .05 = 2.04 + 2% = 2.0808 x 300 = 624.24. but im an idiot and didn't include the 6 btc that would be my fee. even if i'm taking it as miners, it's gota come from somewhere. cause as is it stands, it's 2.0808 x 297 = 617.9976. so... so there's a remaining 6.24 (call it 6 btc even since i don't have to pay myself shipping) that needs to becover. so, 6/297 = .02020202~ so that DOES change the price.
price revision is 2.10812 btc per unit.
man, i hate math. someone double check this for me?
Please be aware, you will need a lump sum of cash to pay for the shipping of units to individuals. I hope you have this cash or an easy way to convert btc to cash to pay the shipping costs. |
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I propose a solution to the distribution problem: Payment.
Essentially, the group buy total would figure in a percentage that Arklan decides is fair for his labor in divvying up the packages. JohnK will receive all the funds, and place the group order shipped to Arklan. The leftover amount should be remaining individual shipping costs and Arklan's fee which will be released as soon as proof of delivery is shown to JohnK of these orders from Arklan (via delivery conf #'s). Since John is asking 2% I think this would be a fair service to ask of him, to place a group order and to pay the bounty to Arklan upon success.
We need a total group buy price. Currently each is estimated at 2.0808 which includes John's fee and an assumed shipping cost of 0.05 per unit = 624.24 Shipping assumes all these buys stay in domestic USA, which I believe it was intended to at some point.
Arklan, how much time/money do you need to make sure get all these out? Since JohnK is highly repped and charging 2% I think maybe 1% is fair for this group buy, about 6 btc.
At these terms:
cost = units + shipping * fees
630.36 BTC = (300*1.99btc) + (300*0.05btc) * (1.03)
Grand Total of 2.1012 BTC per device. A price difference of 0.0204 but motivates everyone to play more fair?
Feel free to take shits all over this, I am sure it could be improved and modified but maybe something like this could work....
arklan, Is the new price 2.1012 btc per unit? If so, please update on the first post. Thank you. |
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More bitcoin please.
Stock will be added 05-03-2013 around 12:00pm MST Was it added yet? |
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A question regarding the price calculation.
I'm a bronze member so the fee should be 7.5%
But When I compare your prices and the current ask price on Mt.Gox I get a fee between 11-14%.
How do you calculate the price?
I agree with this post. Also, how long until more bitcoin are available? |
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who is the guy with 13 tera? damn him, he will rise the difficulty too much in this way
Asicminer. |
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Are more bitcoins being posted for sale with all this volatility in the price today?
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with the value of btc down a bit and the sell wall on bitfunder, it is a very good time to buy shares. I expect the value to rise considerably in the next week.
and today is my favorite day of the week: dividend day!
Wall on bitfunder is slowly being torn down  |
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9864 GH/s! I'm bursting with excitement And now passed 10 TH/s!  Next several week's dividends should be very interesting |
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Wow. 2 PTs posted in same day. Good luck to you as well.Hopefully one or both 1/100 pt asicminer shares become a success.
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Good luck with this endeavor. Get ready for lots of questions and your input of time to run this. Best wishes.
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