keep up the good work!  |
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Why are rejects so high right now?
+1 |
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Price goes down as people panic because of uncertainty and try to take what profit they can and/or mitigate further losses. Remember those single digits I've been talking about? They're coming.
I am certain that if we saw single digits again, I'd be interested in buying a good chunk of coin. I know others who would too. So bring on the single digits for what they're worth. +1 to this! |
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Barclays = all banks apparently.
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How long do we have to send bitcoin payment? It will take a few business days to convert funds to bitcoin
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cant even get in to purchase =/
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wonder if competitor ddos or just getting hammered by people trying to purchase
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hrm this means ~ $400,000 USD will be exiting the bitcoin market.. prepare for incoming bitcoin price drop.. the question is how much will it drop.
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I am very much considering cancelling my BFL pre-order and going with yours in light of all the bad press that BFL has gotten lately. I just wished you could get them sooner, as by the time they will ship, the payout would have dropped, and the difficulty will be insane, stretching the ROI on one of your units.
Or you could, instead of cancelling your order, sell your order number to somebody who wants a smaller order number than one would get if ordering now. I just can not imagine how do people believe that 20 employes including management with a nice looking old woman soldering singles working in a small place will assemble and even test 8000+ orders and catch up with promised delivery time. It is not making any sense for me having in mind that testing process will take a LOOT of time if you know what i mean... Let us say they will outsource hardware assembling. I am quite sure that they will do testing by themselves for obvious reasons.. The math is 8000/20=400 units per person. ASICS probably shall be flashed in a first place which costs time. Each test shall continue at least 24 hours (amusing they were not be able to fire all 400 units at once) which makes about ...i do not even want to calculate it Any way everybody takes own decision... It's China dude. You can hire people to assemble and solder boards 12 hours a day 7 days a week for $200 or less a month by the tens of thousands. Didn't they mention in a previous thread that they bought some equipment that would allow them to make their boards in house which was apparently the limiting factor for the fpgas? |
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I'm not. I didn't have anything else better to say at 4am in the morning. I just don't appreciate someone seeming like they are trying to call me out on something when they don't know me and have never done business with me.
If he was just trying to suggest caution he should have just said "I suggest that you use escrow to protect the transaction" or something of the sort IMHO. Adding the "I'll be back to ROFL at you later" seemed to bit unneeded and suggestive that we're fools.
You won't last long around here if you are easily offended. The bitcoin world is just a tad immature at the moment. |
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Those temps seem pretty damn good. My cards run at 65-70C with VRMs at 70-80C depending on shit in ambient.
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Good to see the community is finally starting to look out for itself.
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0.11 or 0.13 process means that the transistors are 110 or 130 nm gate size? Do we know what our competitor size is? Since this obviously makes a huge different in terms of power efficiency (smaller transistor = less power, less heat, less size etc).
Also, can you please clarify on this risk of our funds when we preorder should this project fail? Previously you mentioned if failed we could lose 30-70% of value. Such a risk is fairly large and I feel should be clarified.
Otherwise thank you should the risk be low enough (70% is way too high) you can count me in for +1 preorder.
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I have the same problem with my sapphire 7950. Coil whine when the fan is at lower speeds. If you pump the fan speed up manually it should disappear. You can also try tightening the heatsink to the pcb but for me that didn't really change anything.
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There is no extra money, only what people willingly spent on tickets (in their judgement, at the time of purchase, the ticket was worth what they paid for it). Some of this has been converted to USD as a hedge (mostly around $8 and again around $10), some is still sitting in the wallet hoping it increases further.
I'm not a clairvoyant, I don't know if Bitcoin will always increase in value. I know, in fact, that it has a tendency to bounce around, we've seen $7 and $15 both within the past month; we've seen $30 and $2 in little over a year, that's hardly a sure bet on value increasing.
If I'd started a raffle in July 2011 and it ran through to September, we'd all be talking about how the Bitcoin had dropped from $30 to around $10, and how my tickets which started off at $1.80 had only netted me enough BTC for $0.60 had I not converted them to USD.
I don't feel that there is a lack of transparency. The first post gives you everything you need to do the math. If I were trying to hide something, I probably wouldn't put the number of tickets sold, the price of all the prizes, the value at which each ticket was sold etc. on the front page.
If you don't feel that a ticket is worth 0.3 BTC, I suggest you don't buy one at 0.3 BTC. Many people do believe it is worth it, and have bought them.
Sorry I wasn't trying to cause trouble, I had just felt that the listed margin was a bit misleading since it could significantly increase as the value of bitcoin has been increasing steadily from when the auction was started. In the end that margin doesn't really matter since it is a raffle and whatever percentage you take home doesn't matter so long as the prizes are distributed accordingly. I also didn't mean any personal offense to you Luceo as I recognize you are a well known and well respected member of the community. |
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There have been a number of hedges into USD along the way, and a number of tickets were given away in specials (buy 100 get 5 free, buy 25 get 1 free, get one for renting a VPS) so I haven't taken anywhere close to enough to cover the raffle prizes.
Additionally as stated a number of tickets were sold at 0.25 BTC rather than 0.3 BTC.
The raffle cannot end before 1024 tickets are sold. The draw relies on this because of the way it works, the terms and conditions all purchasers agreed to and accepted state this. There will be no early end, no change to the prizes, no modifying the agreement we entered.
Like your idea 2weiX to stabilize pricing but the problem is I'd have to be able to convert those BTC into USD at the time of sale rather than at the time I choose, this would require either some time-intensive programming to use a bot to do so, or for me to have staff awake 24/7. Neither of these are feasible on a couple of hundred dollar margin.
The raffle is going strong, have sold over 50 tickets in 48 hours. Keep the orders coming.
So... who gets all the extra money then? A raffle seems like a great idea if you hedge on bitcoin intrinsically increasing in value. Suddenly your modest percentage becomes something much more.. I was tempted in purchasing tickets, but the lack of transparency here makes me lose interest. |
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if you guys all consider that, the MH/W is a very important value, we could pay more effort on energy consumption optimize.
I might be alone in this, but shipping times and keeping the cost down is more important to me than power savings. That's just my opinion, though. +1 |
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Do you have any way of proving that this is your account and not a hacked account?
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