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There's not even a working prototype, WTF?
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What a joke. It's really like a gold rush out there. Some will be caught with their pants off
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Bitcoin is way undervaluated. Probably we will have corrections and a lot of dips but it's natural for a such low market cap.
My recommendation is just look at it as a long term store of wealth and never sell/panic.
People saying this is a bubble are just plain wrong, they want you to panic sell so they can buy your "cheap" Bitcoins, all the bears on these forums want the same, they want your bitcoins so be aware.
Just buy and HOLD.
I think I have the right partner for my Avalon  I would add something: just invest what you can afford to loose. That way you will able to have a clear mind while btc/fiat fluctuates, and stick to your strategy. Mine is buy/mine and HOLD 50%/exchange 50% for goods and services to support btc economy. But I'd avoid whenever possible to exchange btc for fiat . And I would not forget that Bitcoin is a smart and sound currency, and a very interesting bet - but a bet nonetheless. Everyone knows that BTCs will be worth 100,000 or 1,000,000 each at some point... just a matter of time...
I would just split them and call BTC the current micro or nano BTC... just to make the process faster... psychologically, 1 coin cannot be worth millions, so SPLIT IT!
I have thought about it quite a lot and I think you are right. Average person is not ready to pay 0,00047954 BTC for anything. Yet if it was 479,54 BTC I think everybody (non-techies) would understand it. The split in a way of 1:1'000'000 would be reasonable. Soon Bitcoin-QT my have uBTC by default, and newcomers may be trading fiat for uBT at MtGox |
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actually the 3rd batch avalons are no longer available for purchase. i will refund your transaction. once i actually receive it (showing in my wallet but still unconfirmed) i will send you the tx code. best of luck.
Noo missed it.. Oh well. Thanks man all the best Yeah, new user with random nick investing... Finlof: please edit OP stating in bold that Avalons are out of stock and you are not accepting any more funds |
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Don't you ever feel bad for the people you scam? Don't you feel their pain when you imagine them realizing you have stolen their hard earned money? Do you even know what empathy is?
Freakin sociopaths...
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Warning: BFL hasn't even produced a prototype in 7 months. It Could be a scam!
I think not even having a working prototype is more indicative of how risky this is, 'failed to deliver' is true but a not as immediately appararent. IMHO
I agree with that. |
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El batch #3 de AVALON está agotado. Yo os recomiendo ir comprando bitcoins para cuando vuelva a presentarse otra oportunidad de estas. Descuidad, las habrá.
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- Profitability decline per year: I would suggest to insert 0.3 or lower (difficulty will raise fast. For my own calculations I usually use 0.1)
I think this is reverse. 0.3 means in next year you are expected to earn 30% less. So, 0.1 means 10% less (i.e., you retain income level at 90% of first year). So, to be pessimistic, put in higher value. No, it does not work like that. Play with that variable in http://www.bitcoinx.com/profit/ and you will see |
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you guys are also assuming profitability based on current prices. If indeed we are in a huge btc bubble and it pops...avy may very well end up making not much / day. Meaning that .5BTC could be nearly worthless =( and that would suck.
Well, I bought my Avalon in BTC, and I want a ROI in BTC. I don't give a damn about btc/fiat exchange rate. |
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When we ordered our Batch 1 Avalon in September, we started from an ROI of more than 6 months, as we had to accept that BFL and BAsic will be long on the market. And now here you talking about a risk if the ROI could be 1-3 months! Hello people!  Well, BFL could also hit the market in the meanwhile. But I surely doubt it |
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The thing is that is very difficult to make long-term projections on hashrate, this is why an estimatetion of "3 months for ROI" doesn't sounds that good in bitcoin world nowadays, while in the "fiat" world a 3 months ROI is an increadible deal.
While you wait for batch #3, 2.5 months can pass. 3 months from that other players could be adding THs to the network, and difficulty could just skyrocket.
Paying 20BTC for a 65GHs machine you will receive in 2.5 months or less is almost a no-brainer. Paying 75BTC is risky if you are in only for the profits, it's very likely that you will profit much more HOLDING those bitcoins.
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got my unit yesterday, customs was 220 euros something (I paid DHL to handel it). That is amazing unit! Thank you Avalon team! Can't wait to order 4th module  Can you say if it was with or without PSU and Country of delivery? Just thinking about changing my order and remove PSU, but I have the impressione that in Europe there is no much trouble in customs with PSUs... was there even possibility to order batch 1 without PSU ? anyway: with psu, estonia, no trouble at customs at all. Useful info, that is another customer from a country member of European Union that had no problems with PSU and customs. Good to know. |
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Es curioso porque a mí en la última transfe de euros que les hice, me cobraron cero patatero.
La comisión que te cobran su banco polaco es muy pequeña. Creo recordar que fue mayor para la primera transferencia que hice, pero ahora son menos de 2€ independientemente del monto de la transferencia. Eso sí, a mi mi banco me cobra 2€ "on top" de la cantidad que he decidido transferir. |
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¿De quién depende el Instituto Juan de Mariana?
Creo que no depende de ningún gobierno o recibe subvención gubernamental alguna, solo donaciones privadas. Está relacionado con los más liberales y ancaps de España. Exactamente. Yo no asistí porque me dan MUCHA grima. Pero eso es una postura práctica y política puramente personal. |
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got my unit yesterday, customs was 220 euros something (I paid DHL to handel it). That is amazing unit! Thank you Avalon team! Can't wait to order 4th module Can you say if it was with or without PSU and Country of delivery? Just thinking about changing my order and remove PSU, but I have the impressione that in Europe there is no much trouble in customs with PSUs... Country of delivery = country of origin ? I mean the country where he received the unit. Country of origin = China. |
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I personally agree that a scammer tag is premature, but I think that banning their ads in this forum would be appropriate - at least until they start shipping. I mean, they are pumping in preorders at a crazy rate, we all know that, and a lot of newbies are sucked in by their aggressive advertising strategy. They don't even have a working prototype after months of preorders.
We all know this is a shame (or worst).
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Thank you OP, amazing initiative. Because of this and the dev's public debates is why we love bitcointalk, apart from bear/bulls endless wars on speculation subforums, and of cours Avalon group buys |
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It is an estimation - certainly a good back of the envelop calculation, but lot of assumptions. It is upto you how you take those assumptions. Its not all about roi, think about there will only ever be 21m btc, I think as it like this, Lets say there will ever be 21m kg of gold, now you can mine 1kg of gold every day you wouldn,t care about the fiat price against it becourse you know in the end everybody wants your kg of gold. Well, it's also true that you just spent 76 kg of gold in purchasing a 65GHs Avalon |
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What is their "current deadline"?
Isn't that always "next month"? At least it is since last September... Yeah, preorder now and get your units sometime in June, or maybe sooner... That's have been their "preorder" schedule since the end of January. |
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Guys, commons sense dictates that for this matter we should be using tickets. There's still time till the units will be shipped, just let's try to use appropiate channels for communications.
why not both?  Because it is not an urgent matter, and you're writing to the direct email of one of the very few people that are running this operation, making him to loose time reading/processing a silly and non-urgent request that can be solved using the appropiate channel: tickets. Regarding item 1 - I don't think the US is in the list. Jeff Garzik received his miner a day earlier than was expected (1/31) --- so I don't think it was hung up in some bureaucratic black hole in customs. My guess is this is not for the U.S. and Russia, but South America, Europe ,Asia and the Middle East that have the customs issues... but again... pure speculation until we hear from the horses mouth. I'm in European Union and I've received a couple of times hard disks together with his power unit (from outside EU), and I never had any problem. Those hard disks came from the USA. On the contrary, I've sent those same hard disks to Argentina and I had a shitload of problems with customs. In fact, they never got out of customs BECAUSE of the psu of the hard disks, and I had to send new hard disks WITHOUT a PSU for them to get through Argentinian customs. Then, I'm reading about EU customers receiving their batch 1 unit with PSU with no problems at all. But again, this is really a small sample to make any assumptions, it's just my personal experience + a few EU customers of Avalone. |
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