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4781  Bitcoin / Hardware / Re: 63Ghash/s for 2 Month from Avalon Batch #3 on: March 31, 2013, 11:11:14 PM
1.25 x 25 - 38 x 1.5 = 88.25 -75 = 13.25

so you get you asic for 13.25BTC...for only 2 month not mining with it, nice try

Not exactly: he gets a guaranteed profit of 13.25BTC for the first two months, and after that he keeps 100% of the revenue generated by the machine.*

A nice try indeed.

*edit: he bought the machine for 75BTC, and he is selling the revenues generated by that machine in the first two months for 88.25BTC
4782  Bitcoin / Hardware / Re: 63Ghash/s for 2 Month from Avalon Batch #3 on: March 31, 2013, 11:06:46 PM
12m difficulty in mid/end may (Avalon expected delivery date) seems overly optimistic, I would consider at least an increase of x2 of current difficulty (which would be aprox. 14m)

Difficulty will probably grow very fast in the following two months, and you considered 12m for the whole 60 days period

At advertised share prices is very likely investors won't break even in such a short time frame you propose (only 60 days)

Good deal for you and very bad for your investors, unfortunately.

I agree. I have lowered the prices, so that even with a difficulty of 18million you would make profit. As I said, I came here to share risks, not to make a killing.

Shares are still expensive because of the limited time frame to b/e (just 60 days)

Consider now how the 1200 Batch 2+3 units will impact network hash rate at the same time you'll receive your unit:

65GHs x 1200 = 78000GHs
Current network hasharate: ~60THs

So there you have more than double in the short term, without counting other players.
4783  Bitcoin / Hardware / Re: New PrimeAsic Demonstrating The Miner They Sell on: March 31, 2013, 10:45:04 PM
OP:

You are definitely part of the scam (either wittingly or unwittingly).
4784  Bitcoin / Hardware / Re: 63Ghash/s for 2 Month from Avalon Batch #3 on: March 31, 2013, 10:28:56 PM
12m difficulty in mid/end may (Avalon expected delivery date) seems overly optimistic, I would consider at least an increase of x2 of current difficulty (which would be aprox. 14m)

Difficulty will probably grow very fast in the following two months, and you considered 12m for the whole 60 days period

At advertised share prices is very likely investors won't break even in such a short time frame you propose (only 60 days)

Good deal for you and very bad for your investors, unfortunately.
4785  Economy / Auctions / Re: Avalon ASIC Unit - Batch #2 - Confirmed Purchase on: March 31, 2013, 10:13:24 PM

Non- working link. Please post screenshot or quote
4786  Other / Beginners & Help / Re: Avalon/ASIC purchase logic error on: March 31, 2013, 09:38:33 PM
Maybe they're are just young people who really believe in Bitcoin.

And maybe they need customers money in order to fund development.
4787  Other / Beginners & Help / Re: why do you think exchange has been so flat??? on: March 31, 2013, 09:18:14 PM
just want a general consensus about why the exchanges are so flat the last couple days.  Undecided

That kinda happens on weekends. Day traders taking a rest and so on.
4788  Bitcoin / Hardware / Re: Attn: Avalon on: March 31, 2013, 08:14:58 PM
Still, I recommend you to go ahead and write to Yifu's private email - he will eventually read it and reply to it, and you will save 60 coins. Otherwise what you will get is a lot of people bombing him with emails and PMs to get your reward - which is not nice and may be counterproductive.
4789  Bitcoin / Hardware / Re: Attn: Avalon on: March 31, 2013, 07:43:56 PM
I have more resources than I think you actually have a concept of my friend. There is no need to be an ass.
I have been through all of these forums and know that avalons largest order to date has for 50 units.
I have the resources at my disposal to obtain those figures at the blink of an eye. All that is required is for me to show validity to my investor with the initial 10 units.
Also Avalons current hash rate suggest that they are themselves running 10 or so units. Obviously this would suggest that they themselves consider 10 units to be of significant value.
I also have the pockets behind me for optional R&D funding should that be of value to Bitsymcom for future ventures once the asics are proven to my investor pool.
I was not attempting to insinuate that I am some high and mighty person and your flame was a bit unnecessary. I prefer to be civil.




Then follow cypherdoc advice and forget mine's - and excuse me if I sounded like an ass.

I would prioritize private email over public forum or PM's though.
4790  Bitcoin / Group buys / Re: -Group Buy- Avalon ASIC 63Gh/s unit in Batch 3 [UPDATED] on: March 31, 2013, 07:21:11 PM
Finally I can post Smiley

As I I told youn on the PM's  and the emails we have exchanged I am willing to put 15-16 BTC that I have curently in my walet In case you can not consentrade the whole ammount and only a small ammount is missing I am willing to buy them from the free market and add them too.

Please let us know if there have been others willing to contribute and if we are close to the goal!



PM sent
4791  Bitcoin / Hardware / Re: Attn: Avalon on: March 31, 2013, 07:15:57 PM
100k BTC or 100k usd?

100k usd is only aprox. 10 Avalon batch#3 units - they just sold 600 in two days. Other customers have ordered WAY MORE UNITS than 10, for themselves or as a group buy (just check these forums my friend), and they got no special treatment. No, for 100K usd you are not going to be a "special customer", and you won't obtain any special tratment.

For 100kBTC - maybe.

EDIT: I see is 100k USD. Keep dreaming about being "that special customer" Wink
4792  Bitcoin / Hardware / Re: New PrimeAsic Demonstrating The Miner They Sell on: March 31, 2013, 07:01:37 PM
Its a fucking scam, it has been proved by many reputable forums members, there's plenty of proof in their original thread in "Custom Hardware": https://bitcointalk.org/index.php?topic=148832.0

Hey, the mods have even added the word SCAM to the thread title, what a coincidence!

If you are still saying silly things as per

Quote
...BUT if there is and it works then cool right?

Is because either:

a) you have not taken the time to read the PrimeAsic thread - please do it and stop posting ambiguos sentences that could lead newbies to be scammed
b) you are part of the scam

So stop NOW given credibility to those scammers, or you are the scammer.
4793  Bitcoin / Hardware / Re: Thinking of reselling Avalon batch 2 or 3 because BFL will "ship"? on: March 31, 2013, 05:49:07 PM
If said company has been "shipping" for 6 months and they don't manage to get a single product to customers hands there is gotta be something terribly wrong. Why do they make those BS shipping date annouchements when they must know it's just not possible to ship in a loong time due to not having a working product to ship.

Because it's less expensive than not lying and many people still mistakenly give their words some credence.

And because this way the preorders money keeps flowing, non stop for almost a year now.

Millions of $

...without even a working prototype
4794  Economy / Speculation / Re: Will we break the wall at 3.9? on: March 31, 2013, 05:35:10 PM
Well, this thread demonstrates that cheap coins is a very relative term - even if a consensus about what cheap coins means is reached, this consensus usually don't lasts more than 1 week  Grin
4795  Local / Español (Spanish) / Re: Comisión de MtGox on: March 31, 2013, 05:25:05 PM
Yo transferí el otro día a través de SEPA desde EVO Banco y sólo me cobró 1,88€ Smiley

No me parece exagerado.

¿Te lo cobró tu banco o MtGox?

El banco polaco de MtGox

Seguramente tu banco te cobre otros 2€ por encima del monto de la transferencia.
4796  Bitcoin / Hardware / Re: New PrimeAsic Demonstrating The Miner They Sell on: March 31, 2013, 05:19:27 PM
Stop giving credit to this shit. Stop asking if "anyone got the unit delivered"

Primeasic is a 100% proved SCAM

This is the pure truth, and newbies have been warned plenty of times.
4797  Economy / Auctions / Re: WTS Batch 3 Avalon Pre-order # 66XX on: March 31, 2013, 12:17:36 AM
I will make your life easier...

10BTC
4798  Economy / Auctions / Re: WTS Batch 3 Avalon Pre-order # 66XX on: March 31, 2013, 12:12:44 AM
Payment after shipment - right?
4799  Economy / Speculation / Re: Unexpected interest in Bitcoin from random people. on: March 30, 2013, 10:55:46 PM
Hmm... I am wondering why here is only one ebay and why it is not infinitely replicated still. Ask him if you have chance please.

My comparison was Facebook, actually.....and that BTCs value is based on the network effect (hence why LTC, PPC, et al are not worth anything). I agreed with him that current BTC market activity is a bubble (IMO) but that BTCs brand appeal and role as progenitor does give it credibility in the same way that Facebook has virtually no competitors and a massive market cap, so I would not completely discount the network effect.

His problem with this is that Facebook is a company while BTC is simply a means of transferring value whose process can be replicated (a better comparison is Paypal, Moneybookers, Dwolla, Zashpay, WePay, or the other countless payment companies). He asked me to imagine if I would continue to use Paypal if I had to worry about enormous exchange rate fluctuations.....or to imagine if to make Paypal purchases I had to buy and sell its stock as a means of transfer......and he asked what problem BTC solves for the average person.


I always thought that Bitcoin's most probable end point will be a superior fork - the concept is impeccable and will prevail, but the execution will be replicated and probably improved

Nevertheless, this is not going to happen overnight.

Oh, and now the anecdotical evidence: yesterday BTC was on prime time news on TV. But they fucked up the exchange rate - they said 37€ when it's ~70€  Grin
4800  Bitcoin / Hardware / Re: [Group Buy] Avalon ASIC Batch 3 [CLOSED- Seven 4 module Avalons ordered] on: March 30, 2013, 09:49:53 PM
Ok, so spread risks... i mean it has advantages this way too.

At least that's what I'd like to see. Can't speak for anyone else. We should propably do a google group or something so we could spread documents and do polls very easily.

As a later buyer, I would not be overly-offended if somehow those earlier in ended up with some tiny advantage, but it was fairly clear at least past the first or second unit that it would be a group buy.  In any case, it's clearly in everyone's interest to spread the risk across all the machines.  Would the couple people first in truly be happy if machine one didn't come up and they sat on the sidelines for a week or two while the issue was resolved.  Having so many units is really nice with this regard.

You won't be able to tell which is "machine 1" or "machine 7"

They have different order numbers (except the first two), so it would be possible if a majority would really want to. Let's hope they don't.

Im an early investor (order 1), but still I don't see why we shouldn't spread the risk on all machines.

Reminder: I could use some immediate liquidity, therefore I'm willing to sell my shares if offer good enough. If interested please PM
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