agreed. location for group buys matters, obviously. i'm more then happy to organize the one in the US, but that's up to you guys if ya trust me. unfortunately i can't front the purchase. maybe someone else in the US wants to take the lead?
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i get what the goal is: wholesale to others who will then sale at "retail." that's a perfectly reasonable thing and the 300 minimum order isn't a big deal. avalon's chips are 10,000 chips minimum order, after all. same thing.
now, the 1.99 btc price? that's an entirely different matter. even with immediate delivery vs. waiting months, 300 mhash vs 5 ghash (and whatever power difference) is an obvious choice, and it's not in AM's favor.
It still makes sense when you factor in how much FOGA's been going currently. assuming you mean FPGA john, then yea, this is true. but that's not longer the compare point, is it? bfl's shipping, slowly, yes, but shipping. thus those are a competing option, just with a waiting list. also there's the huge number of avalon chips which have been sold. supposedly those will be shipping by june, with DIY or other hardware being made by forum members (burnin comes to mind) ready to go quickly after that. FPGA's aren't a relevant comparison anymore. Yep, FPGA. Take a look at this: https://bitcointalk.org/index.php?topic=187549.0 - FPGA's going like hot cakes now. (I remember seeing a group buy for that - it was filled to 100+ units in a couple of days) i hadn't seen that thread. interesting. thanks.
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I don't know guys... 1.99 per piece seems like too much to me. If it were auction, than I would understand, but fixed price... I don't see the demand for 10 000 usb miner at 1.99 BTC
agreed. as i posted in my group buy thread: minimum order of 300 x 1.99 btc = 597 btc exactly. ...wow. that's insane, when you realize avalon sells 10,000 chips (33 times more chips, but bare chips) for 780 btc. i mean, that's what, .078 btc a chip? and then you have burnin offering 10 chip board for approx 80 euro, and 20 chip boards for approx 100 euro (plus chip cost of course) that's approximately 5 ghash for under 200 USD, if my math is right. Can we please let the market decide and you order off Avalon meanwhile? absolutely. and note: i won't be ordering off avalon. i much prefer sticking where i'm invested, and that's AM. i may not like the price, but i am willing to pay it. i'm just expressing my opinion, not trying to force them to change it. course at this exact moment, i'm too broke to afford even one of these, so there ya go.
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even if we disregard BFL - we know avalon is selling chips, and has sold in the realm of 500k of them, to be shipped in june, if i recall. that ain't no pile of peanuts.
true ... i forgot about that. But you believe it's gonna be so easy for everyone to get their chips on PCB and running ? If you could just put the asic on a test board, cut some wire and put some reistance and make it run i would say yes ... but it is not the case. I do not find anyone having a working PCB that he offer to sell IN QUANTITY. true. burnin's assembly service/pcb making is seemingly very popular, but i have no idea how many he'll be able to make and ship at what kind of rate.
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the real question is : "how many people are interested in the product ?" and "where are they located ?"
I'm in France and i would be in for 3 Block Erupter USB 297 to go :>
at current difficulty, I calculated a ROI of 133 days ... (btc went down a little, but i not really expect diff to explode, BFL is not going to deliver "en masse".
cheaper than FPGA but still not as good UNAVAILABLE asic !
even if we disregard BFL - we know avalon is selling chips, and has sold in the realm of 500k of them, to be shipped in june, if i recall. that ain't no pile of peanuts. Avalon is 2-3 weeks late on batch 2. How long will be the delay for batch 3? And then for chips? very valid point. i still disagree that 1.99 btc is a reasonable price point, however. ...then again, i AM willing to pay it... also, if by chance the group buy goes anywhere with my in charge, i'm in the USA, just FYI.
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I don't know guys... 1.99 per piece seems like too much to me. If it were auction, than I would understand, but fixed price... I don't see the demand for 10 000 usb miner at 1.99 BTC
agreed. as i posted in my group buy thread: minimum order of 300 x 1.99 btc = 597 btc exactly. ...wow. that's insane, when you realize avalon sells 10,000 chips (33 times more chips, but bare chips) for 780 btc. i mean, that's what, .078 btc a chip? and then you have burnin offering 10 chip board for approx 80 euro, and 20 chip boards for approx 100 euro (plus chip cost of course) that's approximately 5 ghash for under 200 USD, if my math is right.
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the real question is : "how many people are interested in the product ?" and "where are they located ?"
I'm in France and i would be in for 3 Block Erupter USB 297 to go :>
at current difficulty, I calculated a ROI of 133 days ... (btc went down a little, but i not really expect diff to explode, BFL is not going to deliver "en masse".
cheaper than FPGA but still not as good UNAVAILABLE asic !
even if we disregard BFL - we know avalon is selling chips, and has sold in the realm of 500k of them, to be shipped in june, if i recall. that ain't no pile of peanuts.
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At BTC2 - no freaking way.
... The quantity of each order should be more than 300 devices. ...
yea... wait, are you implying they mean 300 for 1.99 btc? there's no way in hell. admittedly, the posting doesn't clarify this. but realistically, that'd be a unit price of ~.006 btc, which is roughly 70 cents, USD. not possible. now, assuming i'm wrong on what you mean - minimum order of 300 x 1.99 btc = 597 btc exactly. ...wow. that's insane, when you realize avalon sells 10,000 chips (33times more chips, but bare chips) for 780 btc. right. this price is fubar'd.
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i get what the goal is: wholesale to others who will then sale at "retail." that's a perfectly reasonable thing and the 300 minimum order isn't a big deal. avalon's chips are 10,000 chips minimum order, after all. same thing.
now, the 1.99 btc price? that's an entirely different matter. even with immediate delivery vs. waiting months, 300 mhash vs 5 ghash (and whatever power difference) is an obvious choice, and it's not in AM's favor.
It still makes sense when you factor in how much FOGA's been going currently. assuming you mean FPGA john, then yea, this is true. but that's not longer the compare point, is it? bfl's shipping, slowly, yes, but shipping. thus those are a competing option, just with a waiting list. also there's the huge number of avalon chips which have been sold. supposedly those will be shipping by june, with DIY or other hardware being made by forum members (burnin comes to mind) ready to go quickly after that. FPGA's aren't a relevant comparison anymore.
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@Chartbuddy - I really like your charts. One question though, could you present opposing sides so we can get a better view of the bid side as it happened as well? Basically show the current view and a 90 degree rotated one.
and weren't you gonna add a vertical axis too? also - if you could make a navigable version of this, moving forward and back through time and rotating the view as i like, i, and i suspect others, would be willing to pay for it. i can see it now, moving across my screen in time, freely rotating, while next to it the more traditional charting software (i've got sierra chart running already.)
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i get what the goal is: wholesale to others who will then sale at "retail." that's a perfectly reasonable thing and the 300 minimum order isn't a big deal. avalon's chips are 10,000 chips minimum order, after all. same thing.
now, the 1.99 btc price? that's an entirely different matter. even with immediate delivery vs. waiting months, 300 mhash vs 5 ghash (and whatever power difference) is an obvious choice, and it's not in AM's favor.
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At BTC2 - no freaking way.
gotta agree, that price is painful. even if i had to wait months for a BFL at 5 ghash, that still strikes me as a better plan. (not that i want to buy from bfl OR have that much btc lying about anyway...)
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What is required to get a legal judgement of debt against someone for a Bitcoin debt?
Assuming someone's online identity could be traced to their real life identity, what legal acrobatics would need to be performed to have a legally enforceable judgement put in place?
legal definition that bitcoin, like other virtual currencies (world of warcraft gold, eve online ISK, second life lindens) have value and can represent debt. there may be precedence from some warcraft sale or something, but i'm not familiar with anything.
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ok fellas. we are BACK and taking order's! each PREVIOUS BUYER can place an order for USB miners at .175 per unit. the .075 is for my fee and shipping - which will be fedex ground.
Ordering is open until august 9, 6 pm mountain time (that's friday, about 1:20 from current forum time) payment is due ASAP so i can place the order and get the shipment from friedcat on it's way as of the 10th.
Timer removed. End time: 2013-08-09+18:00:00
Now, email all three of these fields to Arklan: -Address you sent payment from that you used in line 1 -message entered in line 2 -signature that bitcoin-qt populated.
On Arklan's end, he will use those 3 pieces of information in the verify tab and it will confirm that all the information is correct.
Do not make any of the info public. Make sure everything is copy and pasted verbatim. Make sure only the seller knows this information.
Hope this helps. [/quote][/s][/code]
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Its really awesome to see history in the making.
truth...
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So if the shares were issued yesterday, why aren't the holders getting yesterday's dividends?
divdends went out may 1st. Thanks, Arklan. The decision to go live after dividends was quite intentional. I did not want confusion. Also, I figured if I waited til after,then maybe some people that already owned shares would have some loose coin to spend buying the new fractional shares in fact, this is exactly what i did. used my (1 share) dividend plus some of my mined btc to pick up 11 of your split shares. i fully intend to buy more as time allows. but first, an asic miner usb!
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fixed price of 1.99 btc per unit? as a shareholder, i can embrace this. as a miner with barely 330 mhash and less then 1 btc, i am saddened.
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must... have... more... shares!
though honestly i'm holding my (very, very) meager btc holdings right now to a honeybee miner or two.
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So if the shares were issued yesterday, why aren't the holders getting yesterday's dividends?
divdends went out may 1st.
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What happened to the giftcoins?!!! They should have restocked already!
Cmon! All this bad luck happened and now this?!!!!! I've been waiting forever and then they take it down right when I have a card ready?!!! This is bullshit. Somebody put a voodoo curse on me or something
from watching this thread, it seems that jagoo runs out of stock frequently, and quickly. just try back tomorrow or such, i suppose. they really should set up a "notify me when in stock" email though. also - giftcoins, are there any other resellers as of this time?
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