Walletbit is the paypal of BTC in my book. Ugh.
PayPal is more intuitive and they hide the fees from the customers. ...yeah but then they freeze your account or steal from you and hand the funds over to a buyer while doing nothing to get the item you sold back. Meh...it's probably a wash. |
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Walletbit is the paypal of BTC in my book. Ugh.
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I think it'd be better to buy 2 avalon ASICs, because GPU mining will be unprofitable and they probably will ship before BFL. See if BFL ships, if yes buy some of BFL. Gen 2 probably will not be coming for a while as BFL is already 65nm, just more overclocked ones Neither is likely to be shipping much of anything this month with CNY stifling Avalon batch 1 shipments. ASICMiner should be hashing soon so that will be something to contend with, but I think we have more time with our GPUs remaining profitable while we await our shipment from Avalon. There's also the expansion slots in the Avalon to keep in mind and we don't yet know if there will be one or three vacant slots. I have one dedicated 30 amp circuit available that could be used to power an upgraded Avalon, though running a 240v circuit may be an option as well. This is really a gamble and it will depend on the price of BTC. If it continues it's bull run vs fiat we'll have done well by not sending a large portion of our coins away for a product that will not be hashing for us for two months. I suspect we'll begin to see shorter and shorter wait times between ordering and receipt of shipping ASIC products. If that's the case then we'll lose very little by waiting for batch 3 from Avalon or any signs of life from BFL prior to making a larger purchase and we just may be sitting on a large pile of more valuable BTCs when that time comes. Edit: Seems Deprived posted similar sentiments while I was replying. |
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$599 / exchange rate.  What is the plan with the remaining ~500BTC? We have closer to 400BTC, but I have to reconcile this purchase and new sales of shares. I'll try to get that done yet tonight and get it posted up, still haven't paid today's dividend either, just that kind of a weekend. The plan is still bulk ASIC purchases. I had begun negotiations with buzzdave to get us a better price in quantity from BTCFPGA, but that's obviously out. It did not seem wise to throw all of our funds at either Avalon or BFL for a gen 1 product at this time. If/when BFL ships difficulty will rise rapidly and either BTC will have to increase in value to compensate or ASICs will have to become cheaper. We get our foot in the ASIC door here, increase our hashrate 31 fold, and wait for the dust to settle a bit. |
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$599 / exchange rate. |
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I think I just completed an order.  Thankfully as I don't have any time to devote to Avalon's broken system today. |
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All orders for incorrect amounts will be fully refunded.
WalletBit will return these funds to the Bitcoin addresses they were sent from. These units will be restored to the sales queue. At a time of Avalon's choosing they will re-open sales for these remaining units. All orders processed at the correct exchange rate will still be honored.
This doesn't make sense though. The people who paid the incorrect amounts did so to submit the order, as that was their only option. Why not keep the orders and simply send a new payment request for each order, this is very easy to do and honors the transaction. It was out of people's control on who recieved a correct payment page, and who received and incorrect payment page. this this indeed
By that logic so If the bug was not $1, but $10000 you guys would've still paid?
Again: there's no such thing as placeholder order
It was a bug and it will be refunded, and orders will open again in the future for those who did not manage to place an proper order.
this is final.[Update 2013-02-03 3:03 EST]All orders which have paid the full and proper amount for each Avalon unit will be honored. This means if your order said 0.05BTC and you later paid the correct amount (~75BTC) that your order will be fulfilled. Please create a support ticket with Avalon to confirm your order details with them personally. The remaining Avalon units will be going on sale tomorrow. http://support.avalon-asic.com Final eh...you mean for a few hours? Just outsource your sales guys, you plainly have no idea what you're doing. I've been ready with funds in hand for two of your sales, spent hours moving funds around and TRYING to order and still have nothing. Now you're rewarding those that sent bitcents...swell. Your broken website is allowing me to add products right now then saying there are none btw.  |
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Sorry guys, no joy. I tried for two hours with 3 different browsers to get an order through before I had to pull the plug and get to work.  I was not pleasant to be around after wasting all that time. Avalon seriously needs to outsource their website management. Definitely, but have you tried using a different email address? It should not be a browser issue, more of an email issue (I'm not blaming anything on you, site seemed to have sucked majorly) No I used the one that's proven most reliable for me over the years. I did get to the partial bitcoin payment page as others have mentioned a couple times, but I never sent any BTC as it didn't make sense to send a few bitcents for an ASIC. I suspect that the largest factor in successfully placing an order today was time allotted and old fashioned dumb luck. If I hadn't scheduled work today perhaps I could've stayed at it till I was able to pay as some were able to do, I just didn't anticipate running out of time with two hours free. It should've taken only a minute or two. I'm even in the same timezone(EST), so I didn't have to goof up my schedule. I'll try again when they re-schedule. Perhaps the third time is the charm. Thanks! YW...enjoy. |
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This was the most epic fail I've ever seen in online payment processing. I've wasted hours trying to purchase a product from you guys and have absolutely nothing to show for it. Can you please test your own system before you waste hundreds of people's valuable time and risk everybody's funds and personal information? Perhaps you guys could even explain the process beforehand so people know what to expect?
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Sorry guys, no joy. I tried for two hours with 3 different browsers to get an order through before I had to pull the plug and get to work. I was not pleasant to be around after wasting all that time. Avalon seriously needs to outsource their website management. |
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Sweet. If only I didn't have a job so I could've dedicated the rest of the day to this FUCKED up process instead of just the entire GD morning perhaps I too would have been able to order.
Still not one single email from either walletbit or Avalon.
Epic fail.
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Amazingly I've been trying to order for 1.5 hours. Entered my email address in several different forms and have yet to receive a single piece of mail.
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Fuck this shit. I'm too tired. I've been awake for nearly 36 hours, I've spent the majority of the time walking around. Congrats to the (un)fortunate fucker who will get my spot.
It's amateur hour in learning to run a checkout process and collecting money. Good luck to everyone ordering an Avalon. * gigavps sheds a couple crocodile tears Thanks buddy, hey and good luck with your BFL minirigs funded with stolen BTC.  |
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Does anyone know how WalletBit Pay works. umm...It doesn't? |
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The whole thing feels like it was set up by a team of "special" 3rd graders. Did they test this at any point? If so how?
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I agree. Additionally even if BFL does ship in February/March I believe it will take them some while to clear their backlog. I feel we'd be best served by ordering with whomever can get an ASIC hashing for us soonest and IMO an order placed with Avalon is more likely to accomplish this.
I'm relieved that Avalon delayed their order window opening as it has given me time to learn more about their shipping product and also to get feedback from fellow shareholders.
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Chrome plugin is called page monitor
Firefox plugin is called check for change
Both come in handy at times.
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A belated Christmas gift for us spreadsheet nerds! Thanks man!
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Might have something to do with WTC7 bud...
Might have something to do with WTC 1 and 2 not exactly falling in on their footprint, but more like throwing tons of debris into WTC 7, thus weakening it, and then setting it on fire. And then falling with no faster than Earth gravity would predict. If you want to take this to another thread, feel free. But for the purposes of this thread: QED to my post, some people have fixed ideas and will never be convinced by any evidence. The idea of debris weakening it so it could fall directly through the path of greatest resistance(str8 down) at the maximum acceleration allowed by the earth's gravitational pull is so absurd I find it insulting that you even bothered to type it. How can tons and tons of steel and concrete offer ZERO resistance? The answer is painfully obvious btw. If that's all you got then there's no point in wasting a thread as claiming the laws of physics didn't apply that day is not evidence. |
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It's laughable that now that ASICs are in the wild some are calling the only shipping product an inefficient power hog. Mostly because it's being compared to a theoretical product that hasn't left the fab yet after EIGHT MONTHS of alleged work.
Avalon did this right. Create a product that's do-able, ship it and *THEN* work on increasing performance and efficiency.
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