I'm not sure what the best way of doing this. I hope the buyer would explain his concerns and we can work them out. Yes, it's currently hosted in Sweden and includes 6 months free hosting by KNC. I suppose it should be possible to pick it up directly from KNC in Sweden. But, I'm in Chicago, so I'd need to get paid first, i.e., probably with escrow. It may also be possible to have KNC ship it directly to the customer. Again, buyers - work with me. If someone could meet me face-to-face in Chicago or New York (Dec 13-22nd), I would prefer that, but that seems unlikely to happen.
What if the buyer wants to keep hosting? 6 months are already included and paid for! I think this would be easiest, just transfer mining credentials over, and have KNC confirm owner transfer. How do we go about it? Anyone has experience dealing with a hosted device? I'd prefer not having to deal with shipping, and waiting for arrival, or pick up. With proper escrow, we should be able to close this today, just transfer mining credentials over, see it hashing, etc. Wait a week for KNC to confirm ownership, etc..., then escrow releases funds to me.
Does anyone have an offer of 17 BTC or higher?
EDIT: I contacted KNC to see how difficult it would be to transfer hosted device ownership to another person. Will update when they respond.
How this one work out? Could you please explain more Well, if you go to http://portal.kncminer.com, from there, you can manage your miner remotely, and configure which pool/address you want to mine with. (Currently, mine is set to Eligius). During the day of sale, I would give access of this portal to the escrow person, he can confirm that it is mining at 688 GH/s, etc. And then, from there the buyer would pay escrow the bitcoins. In the meantime, I'll be in contact with KNC in officially transferring the hosting/Jupiter ownership to the buyer. As soon as KNCMiner gives the go ahead, escrow then releases the coins to me, and the mining credentials over to the buyer, where he may change the password, set up a new e-mail address/login, etc. That's at least my idea of how it would go down. Let me know if you have better ideas. |
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I wouldn't consider any offers under 17. Also this includes 6 months of original KNC hosting, assuming the buyer takes it.
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I'm not sure what the best way of doing this. I hope the buyer would explain his concerns and we can work them out. Yes, it's currently hosted in Sweden and includes 6 months free hosting by KNC. I suppose it should be possible to pick it up directly from KNC in Sweden. But, I'm in Chicago, so I'd need to get paid first, i.e., probably with escrow. It may also be possible to have KNC ship it directly to the customer. Again, buyers - work with me. If someone could meet me face-to-face in Chicago or New York (Dec 13-22nd), I would prefer that, but that seems unlikely to happen.
What if the buyer wants to keep hosting? 6 months are already included and paid for! I think this would be easiest, just transfer mining credentials over, and have KNC confirm owner transfer. How do we go about it? Anyone has experience dealing with a hosted device? I'd prefer not having to deal with shipping, and waiting for arrival, or pick up. With proper escrow, we should be able to close this today, just transfer mining credentials over, see it hashing, etc. Wait a week for KNC to confirm ownership, etc..., then escrow releases funds to me.
Does anyone have an offer of 17 BTC or higher?
EDIT: I contacted KNC to see how difficult it would be to transfer hosted device ownership to another person. Will update when they respond.
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Thanks for the offer, but looking for local pick up. Am pretty inexperienced with escrow, not sure what to expect.
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Currently hosted with KNC under a 6 month contract. Can probably request direct shipment from KNC if desired,... but why deny free hosting? Here are all the details: http://chicago.craigslist.org/chc/ele/4238277531.htmlWould sell it for $20k cash today and I will include all BTC payouts received from today and until date of sale. Would re-imburse travel expenses. BTC is ok, but USD preferred. Already holding plenty BTC, need USD. Flying to NYC Dec 13-22, can meet there to do the trade. or Chicago otherwise. Whatever you need to be comfortable I understand this is a large trade. Receipts, pay outs, eligius pool statistics, we can call KNC to confirm, direct shipment option available too. |
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Would you consider face-to-face in the US? In Illinois. For a single Jupiter at 688 GHs
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If anybody is still trying to get a refund for January units I'll just buy the orders off of you. Doubt many people want to sell at this point though.
My real question is if the December units don't show up I till he second week of January and it cost me 3x as much as a January unit...then is cointerra going to delay shipment of our January units? There has to be a gap but then if they wait and gap it other manufacturers will be dumping hash rate like crazy at that time. If they decide to ship back to back maybe they should just ship more hash rate to the December orders or something so December orders don't feel extra stupid. In retrospect I would have likely been better off getting only January units.
I'm also interested in hearing what the plan is for January orders compared to December orders. |
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Just posted on twitter
First Baby Jet - LIVE at Inside Bitcoins booth 21 in Vegas!!!!
Just a display case probably. I'd be surprised yet relieved to see it hashing. |
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When I ordered (Before August 15th), I used direct Bitcoin transfer to an address. No BitPay. They send me a nice form with an address to send bitcoins too:
and what happened with the BTC in that address? It is still sitting there? Or did it move? Was it unique for you? Or a gathering address? Not sitting there anymore. Unique for me, not a gathering address initially, but seems to have moved to this gathering address and out: 33,901 in total BTC received from August 06- October 24th: https://blockchain.info/address/17hCi8apMUkzzLLJgUwfXxRJuykuo5Lcur |
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Clock is ticking. Every batch 1 customer not delivered on 31/12/2013 will be entitled for a BTC refund.
They said you will get BTC back if you paid in BTC but they never said it would be the same amount. Instead of sending you back a check of the $$ price of the miner, you would just get that same value back in BTC. They will just say they exchanged it all to $$ and now to refund they will exchange same amount of $$$ to BTC and send it to you go get a pitchfork or two Non-customer here - can someone tell me if they used a service like Bitpay to accept payment or if they accepted BTC directly? If they used Bitpay, how would one tell if they kept BTC or had Bitpay instantly convert to $USD? If they instantly converted to $USD, then refunds in BTC are completely out of the question in my opinion. When I ordered (Before August 15th), I used direct Bitcoin transfer to an address. No BitPay. They send me a nice form with an address to send bitcoins too:  |
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Twitter Updates:
"GN chip bringup - Both the temperature and voltage sensors have now been shown to work!"
"GN chip bringup - PLL is working! Bypassed, 25 Mhz clock - 3.51 amps. PLL in use, 25 Mhz ref, 32 Mhz hash clock - 4.40 amps per die."
PLL... whaa?
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They told me that they will try to post on twitter a photo of the actual chip testing to proof that they are really doing so. Then about the hosting, they have nothing. So if you were waiting for a hosting solution from HF you better find another one  From experience with KNC, where I had a hosted device, hosting may not necessarily mean faster hashing. KNC delivered orders (much) later in the queue before they got hosting up and running. I'm guessing they didn't put/have much resources available in setting hosting up. Most of the resources were going to get the chip working, and hosting was put on the back burner. On the bright side, they did do a good job re-reimbursing the hosting customers, but it still ended up being somewhat a loss. |
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If your getting the MPP then it includes the MPP
I am Completely Buying you out of your Order
All batch 1 orders come with the MPP. Technically the MPP is non-transferable. |
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Is that with or without MPP?
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QRK - http://online.wsj.com/article/HUG1747585.html?dsk=yBitcoin Alternative Quark (QRK) Increases In Value 500% In The Last Week WSJ, sourced from MarketersMedia Disclaimer: The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein. Source: MarketersMedia via Globenewswire FRK - http://online.wsj.com/article/HUG1747586.html?dsk=yBitcoin Alternative Franko (FRK) Merchant Adoption Soaring - Value Increases Another 500%WSJ, sourced from MarketersMedia Disclaimer: The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein. Source: MarketersMedia via Globenewswire DigitalCoin - http://online.wsj.com/article/HUG1747591.html?dsk=yTransact at Five Times The Speed of Bitcoin With Popular Bitcoin Alternative DigitalCoin WSJ, sourced from MarketersMedia Disclaimer: The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein. Source: MarketersMedia via Globenewswire Eww. As for QRK, first majority of coins to be mined in a 6 month period? Are you kidding? So pretty much you have a bunch of ball swinging bastards with a shitload of these coins playing kings at the whims of fools, and people who want to get rich quick, who say that Bitcoin is too expensive, and need an ASIC to mine with it. Hope QRK fails miserably and the speculators involved along with it. |
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What bitcoin exchange risk? You say you are using bitpay or some other converter in order to fund escrow so there is no risk as the bitcoin will sit in escrow as US Dollars. The buyer is wearing all the risk because they are the ones that sell their bitcoin today for US $ and then have about 30 days of BS to go through before escrow closes where their trade was either good or bad.
I don't think escrow would take 30 days as there are no mortgage contingencies. I would hope 1 day, maybe a couple days, depending on how long it would take BitPay to wire/transfer USD to the lender. |
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A buyer would not be exposed to any tax liabilities AS LONG as he doesn't convert to fiat. So, "simply [selling] BTC and buy the condo" would make the buyer liable for a hefty 20-30% income tax bracket (if he's in the US)
I'd need to convert 200k-250k to repay the lender. The rest agreed-upon/negotiable amount at the day of closing/title transfer, would be done in Bitcoin, and hence the exchange rate risk. Make me an offer
Also, if you look at the supply of legit real estate currently available for Bitcoin, there are not many, so comparing this supply to a $$$-based amount isn't accurate.
I guess with current IRS ruling this is probably not true. But, I respect financial privacy.
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