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2581  Economy / Scam Accusations / Re: btcmlm.org -> Scam & Spam on: April 18, 2013, 12:14:43 PM
Are they a member of this forum?
2582  Economy / Auctions / Re: ASICMINER Auction: 10 Block Erupter Blades on: April 18, 2013, 12:14:08 PM
Please remove my bid , I have an opportunity to get Avalon #2 product @ better $/GHs .
I'll put my coins  there.
Sorry for this.
Happy bidding everybody

I am pretty sure you can't remove bids in an auction thread....
You cannot remove your bids, as this is the entire point of holding an auction.

Not nitpicking here.... But you can't force someone to pay up (maybe you can give them a scammer tag....?).

This is where a deposit to bid would be a good way to discourage frivolous bidding.  But that horse has bolted for this auction.
I know - friedcat didn't impose the deposit system when he started this thread.  I'll start a thread on Scammer Accusations when this auction ends if there's joybidders who do not intend to uphold their bids.
2583  Economy / Computer hardware / Re: Selling 5 units from Avalon Batch #2 (3-module) on: April 18, 2013, 12:08:50 PM
Not interested.

Westerners cannot comprehend the complete lack of what we would call "ethics" or "guilt" in China, where defrauding someone is a win. Joining a forum and three days later trying to bilk people for $25000, par for the course.

Well articulated here:
I lived in Asia for two years and traveled extensively throughout the region. I speak a fair amount of Mandarin (Chinese), and I've interacted with lots and lots of people from China, Hong Kong and Taiwan. ...

In China, there is no sense of responsibility to customers. The overriding philosophy is to screw the customer, even on the very first order, knowing that the customer will never buy from you again! In China, the idea is to CHEAT people rather than make them happy. You see this all the way to the top of the government which is, of course, a police state communist regime where laws are enforced at gunpoint against a completely disarmed and helpless population that has no rights. China is a culture of corruption, deception and exploitation.

http://en.rocketnews24.com/2013/02/25/fake-walnuts-filled-with-rocks-sold-in-china/
http://petapixel.com/2011/05/20/one-third-of-the-sandisk-memory-cards-on-earth-are-counterfeit/

https://www.nottingham.ac.uk/cpi/documents/commentary-reports/peter-humphrey-chinas-booming-fraud-industry.pdf

Racist much?  Undecided
In case you didn't notice this, many things around us are made in China - including the Avalons he's selling here.
2584  Economy / Auctions / Re: ASICMINER Auction: 10 Block Erupter Blades on: April 18, 2013, 12:00:58 PM
Please remove my bid , I have an opportunity to get Avalon #2 product @ better $/GHs .
I'll put my coins  there.
Sorry for this.
Happy bidding everybody

I am pretty sure you can't remove bids in an auction thread....
You cannot remove your bids, as this is the entire point of holding an auction.
2585  Economy / Auctions / Re: 371 ASICMINER shares, 1.0 BTC minimum bid, 24 hour on: April 18, 2013, 11:59:57 AM
50@1.04
2586  Economy / Auctions / Re: ASICMINER Auction: 10 Block Erupter Blades on: April 18, 2013, 08:24:22 AM
No bids below 60 each please - I have confidence that yochdog will stick to his bids (10@ 60) so bidding below that is pointless. Not that I don't have confidence with the current winning bidders though.  Wink (and that makes low bids even pointless...)

Courtesy recap of potential winners:
delariaBTC70
alexukBTC65
marto74BTC62
BlackLilacBTC62
LainZBTC62
bajanboostBTC61
DerringerBTC61
DerringerBTC61
afro25BTC61
PinwheelBTC61

Time left:

Timer removed. End time: 2013-04-19+16:00:00

2587  Economy / Auctions / Re: 371 ASICMINER shares, 1.0 BTC minimum bid, 24 hour on: April 18, 2013, 06:00:37 AM
25 @ 1.0000001

I don't want to be a bid nazi, but no dick bids. Keep it to 3 digits after the decimal.

Okay, so 25 @ 1.001 .
2588  Economy / Auctions / Re: ASICMINER Auction: 10 Block Erupter Blades on: April 18, 2013, 05:41:58 AM
2 @ 31

Yeah, it's a lowball offer - but I'm just helping provide a datapoint for 'price discovery'.  
Even at that price I feel it's an extravagant (for me) risk.  


What's the point of this bid when the lowest you can bid to win these is 61 BTC?

The point is what I stated above:
 'a datapoint for price discovery'
 - in other words - to help those in the business of selling these things, to note that not everyone who is in the market for mining gear (which I still potentially am, depending on offerings) will pay those prices.
I consider the risk of large amounts of hashing power coming online to make the prices of 60BTC way too risky. I may well be wrong of course.

The drawcard for this particular sale, and my guess why it's gone so high is that there is presumably quick shipment, but even then you have to weigh up the risks of problems in shipment, including taxation/holding by customs, breakages etc.


Quote
Please do not clog up the thread with such bids - I've deleted a couple of '1@0' and '1@0.1' when the bids were around 50-60...
Sorry John, I'll keep out - although there is much 'noise' in this thread that didn't seem to attract rebuke - and my post had a point (albeit misunderstood it seems).

But for the sake of curiosity - do you mean you don't want anyone to bid even a little under what the current offers are? Surely there are potentially a few cancellations?


You can bid slightly below the current offers (and that's why I didn't delete your post). I was deleting those obviously trolling bids like 1@0 or equivalent.

2 @ 31

Yeah, it's a lowball offer - but I'm just helping provide a datapoint for 'price discovery'.  
Even at that price I feel it's an extravagant (for me) risk.  


What's the point of this bid when the lowest you can bid to win these is 61 BTC?
No idea on this. Please do not clog up the thread with such bids - I've deleted a couple of '1@0' and '1@0.1' when the bids were around 50-60...

PS: But please do not overdo this - and expect your bids to be ignored. If you have an existing bid at higher prices, you cannot effectively cancel it by rebidding lower.

0.1BTC tip to the dealer for keeping control of the table!

Expect it... as soon as Blockchain.info gets their shit back online so I can use my hot wallet.  

Thanks  Grin
2589  Economy / Auctions / Re: 371 ASICMINER shares, 1.0 BTC minimum bid, 24 hour on: April 18, 2013, 05:39:54 AM
25 @ 1.0000001
 Grin Didn't know there were no minimum inc.
2590  Economy / Auctions / Re: ASICMINER Auction: 10 Block Erupter Blades on: April 18, 2013, 05:26:43 AM
2 @ 31

Yeah, it's a lowball offer - but I'm just helping provide a datapoint for 'price discovery'. 
Even at that price I feel it's an extravagant (for me) risk. 


What's the point of this bid when the lowest you can bid to win these is 61 BTC?
No idea on this. Please do not clog up the thread with such bids - I've deleted a couple of '1@0' and '1@0.1' when the bids were around 50-60...
2591  Economy / Services / Re: Buying an escrow service, just one small transaction will be payed 0.05 bitcoin on: April 18, 2013, 05:16:05 AM
Escrow contract sent to both of you on request.
2592  Other / Beginners & Help / Re: Is it all worth it? on: April 18, 2013, 04:44:50 AM
Buying one of this (https://bitcointalk.org/index.php?topic=178275.0) will net you around 0.7+- BTC per day, so it is easy to put in perspective to how much Gh/s you need for 0.5+-.
2593  Economy / Auctions / Re: 371 ASICMINER shares, 1.0 BTC minimum bid, 24 hour on: April 18, 2013, 04:26:59 AM
I'll bid for 40@0.9 because I don't think you can really consider it an auction if the minimum is = to retail price.

Both PTs have bids above 1.5.
Uh, nope at the moment.
2594  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: April 18, 2013, 04:25:53 AM

AM has an obligation to shareholders to maximize profits by mining at whichever pool is the fastest and most reliable.  Right now, that's BTC Guild.

AM has only begun their roll-out/ramp-up process.  They need to use Guild as a benchmark for testing and optimization, before introducing more variables into the equation.

AM should not lose focus and drift away from their core competencies by messing about with P2Pool or homegrown solutions.  Look at CoinLab to see why...   Cheesy


Would it be a win-win for BTC Guild to share their code and and other details with ASICMINER to set up something as reliable for AM use?  With the slight modification that any guest can publicly see the hashrate from the miners (All AM in this case) -- this preserves the need for transparency, and relieves the pressure that BTC Guild is feeling when it is approaching 50% of total hashing power.

For craps sake... Just threaten btcguild with leaving unless they charge less. Not rocket science.
I am also amazed a company can design an asic but cannot setup a pool to mine at and even let others join for lower variance.
Well, the major reason why AM mined at an independent pool is to prove their hashing speed. If AM mined at their own pool, people can accuse friedcat of artificially inflating their hashrates by changing the site.

So u trust him enough to send ur btc but not to be honest enough to pay out proper divs?
And dont you mean deflate hash rate and skim from the top?
Anyway, you guys are losing min 3% which has added up to an amazing sum now. No reason for it. Tell btcguild 1% max or u leave.
Inflate, not deflate. People had qualms during AM's earlier deployments about the viability of their miners - mining at a public pool will instantly crush such claims. I trust friedcat here, but probably BTCGuild is the only pool strong enough to handle huge mining hashrates. I agree that friedcat should negotiate for better rates though.
2595  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: April 18, 2013, 04:18:17 AM

AM has an obligation to shareholders to maximize profits by mining at whichever pool is the fastest and most reliable.  Right now, that's BTC Guild.

AM has only begun their roll-out/ramp-up process.  They need to use Guild as a benchmark for testing and optimization, before introducing more variables into the equation.

AM should not lose focus and drift away from their core competencies by messing about with P2Pool or homegrown solutions.  Look at CoinLab to see why...   Cheesy


Would it be a win-win for BTC Guild to share their code and and other details with ASICMINER to set up something as reliable for AM use?  With the slight modification that any guest can publicly see the hashrate from the miners (All AM in this case) -- this preserves the need for transparency, and relieves the pressure that BTC Guild is feeling when it is approaching 50% of total hashing power.

For craps sake... Just threaten btcguild with leaving unless they charge less. Not rocket science.
I am also amazed a company can design an asic but cannot setup a pool to mine at and even let others join for lower variance.
Well, the major reason why AM mined at an independent pool is to prove their hashing speed. If AM mined at their own pool, people can accuse friedcat of artificially inflating their hashrates by changing the site.
2596  Economy / Auctions / Re: ASICMINER Auction: 10 Block Erupter Blades on: April 18, 2013, 03:58:17 AM
Courtesy recap of potential winners:
delariaBTC70
alexukBTC65
marto74BTC62
BlackLilacBTC62
LainZBTC61
bajanboostBTC61
DerringerBTC61
DerringerBTC61
afro25BTC61
PinwheelBTC61

Time left:

Timer removed. End time: 2013-04-19+16:00:00
2597  Economy / Auctions / Re: ASICMINER Auction: 10 Block Erupter Blades on: April 18, 2013, 03:40:39 AM
Courtesy recap of potential winners:
delariaBTC70
alexukBTC65
marto74BTC62
LainZBTC61
bajanboostBTC61
DerringerBTC61
DerringerBTC61
afro25BTC61
PinwheelBTC61
PinwheelBTC61

Time left:

Timer removed. End time: 2013-04-19+16:00:00
2598  Economy / Auctions / Re: ASICMINER Auction: 10 Block Erupter Blades on: April 18, 2013, 03:34:00 AM
Hey, this is BTCitcoin.

If there's a need to prove that you are a legit bidder, issue all bidders a random 3 or 4 digit number by PM. That number of Satoshis must be sent to friedcat from an address having enough BTCitcoin to satisfy the bid. That will confirm availability of funds. If the funds aren't there, reject the bid.

Bidding can remain public while bid confirmation can be private.

Bidders at high price auctions are usually required to prove they are legitimate, often with a bank letter, but sometimes with a deposit.

I'm actually surprised this hasn't become the norm here yet.

A couple of auctions here last time required deposits just in case the bidders were joybidders. I'd let this go for the moment as friedcat didn't think about this before, but anyone who tries joybidding will be posted to the Scammer accusation subforum at the very least now.
2599  Economy / Auctions / Re: 1 share of ASICMINER on: April 18, 2013, 03:08:02 AM
1.05
2600  Economy / Auctions / Re: ASICMINER Auction: 10 Block Erupter Blades on: April 18, 2013, 03:01:32 AM
Yeah, a deposit would a good way to solve this - but the auction is already on. Please note that I will be deleting thread-crapping posts or obviously trolling bids to keep this thread on track. Anyhow, I am sure that yochdog for one will honor his bids, thus effectively placing the auction at a minimum of 10@60. There's still no reason to doubt other bids though - there's still a long time to go for the auction to end.


Courtesy recap of potential winners:
delariaBTC70
alexukBTC65
marto74BTC62
LainZBTC61
bajanboostBTC61
DerringerBTC61
DerringerBTC61
afro25BTC61
bitsalameBTC60
yochdogBTC60

Time left:

Timer removed. End time: 2013-04-19+16:00:00
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