I was planning for buying one but no way for that price. I think now is safe to say that competition is required for that price to drop.
Yep - absolutely. Suddenly it seems that if this price sticks, and BFL delivers, Avalon is going to lose big time. Not AVALON, but AVALON's customers. You can bet that at +5000usd they will make a big profit for unit. I don't think they will sell them out, but they will sell at least a couple of hundreds to miners that have plenty of coins to spare. And if BFL never delivers, or delivers in September/October, those miners will still make a not-so-big profit, but a profit nevertheless. But for someone buying the coins at the current exchange rate, is a losing bet. Even if BFL turns out to be a scam, the not-so-big profit will not justify the gamble. |
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ASICS are hardware, as in hard to get and expensive, but around 300 times more efficient than your setup.
The only problem with ASICs is that they probably don't exist. But thats another story...... Yes, they exist. Dozens of forums users are already hashing with one of the AVALON ASICs. If the OP wants to hash with something decent (67000 MHs), he has to buy an AVALON ASICs. But the price of batch #3 is +5000usd per unit, so the expected value is very likely to be negative. |
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At that price, given the current exchange rate, I'm seriously reconsidering my desire to buy a batch 3 miner. I'd be more inclined to simply put the cash that I do have (and not enough to buy a batch 3) into btc and hold on.
The expected value of buying btc and holding is much higher than buying an AVALON batch #3 unit at +5.000usd. At 1.500usd it was uncertain, but at least ROI was feasible and mining has other incentives (securing the network, etc.). But at +5000usd? NO WAY. |
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yup, its called a high risk investment. High risk investments usually fail, but if they are succesfull there a shitload of money
The reward in ordering first is the lower difficulty, and thus the MUCH higher profitability. I could accept a 50% increase on the first units... But come on... +300%?? To get a unit when the difficulty will be SO higher? Just to get a ROI in (maybe) 10 months? I'm sure you're happy of being one of the first customers to receive one of the first batch units. Congratulations. Yo did good. But this does not mean that you have to support such a bad move from a company. Be sincere: are you going to buy batch #3 units at this price? |
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+5.000usd for the same unit that was sold at 1.500usd when the difficulty was MUCH lower. It seems SO WRONG to me....
Note pre-order users paid high risks the chip will ever work or not. Business done right. Yeah, business done right in a ponzi-style fashion. First one to jump in takes the big cut, last ones remain holding the bag (and broken). I thought AVALON was a serious company. |
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Except btc is now trading at $60, making the units considerably more expensive...
At 1.500usd it was quite a safe gamble. At +5.000usd the expected value is negative. Unless BFL is a complete scam, and no other player delivers a single ASICs, 90btc is a losing proposal for sure. At that price I would only buy one if I had hundreds of btc, mined/bought when the exchange rate was much lower. Which unfortunately is not the case. |
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BTC88 - BTC115 !!!
Wow! Greed takes over. This is a sure shot losing proposal for anyone purchasing these.
Yeah, now it's PURE GAMBLE with negative expected value. If btc/usd skyrockets and difficulty climbs reasonably low (meaning that no other player delivers ASICs), it may be profitable in quite a long term. If difficulty climbs fast (meaning more ASICs reaching miners), btc/usd stays pretty much the same, at this price AVALON ASICs is a losing bet for sure. Greed takes over. Pretty bad move from a consumer point of view. |
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OBJETIVO CONSEGUIDO, NO SE ACEPTAN MÁS INVERSORES: POR FAVOR NO ENVIAR MÁS BTC.
NUESTRO NÚMERO DE PEDIDO ES 64** (tenemos otro que no pudimos pagar, 4813, intentaré que le den prioridad)
ID DEL PAGO A AVALON: a75ef083b95b6e83ae0469ca467dc987cbc38e5044f6d9b08245948f50b9c2a8
Me gustaría saber quién estaría interesado a asociarse para pedir un AVALON ASICs del 3er batch. Iba a comprar uno/dos, pero acaban de sacar los precios y se han pegado una buena pasada. Si las unidades del primer y segundo batch costaban 1.500usd, las del tercer batch cuestan.... 90btc con las mismas especificaciones, es decir: más del triple (aprox. 5.000usd) para los mismos GHs (67) La fecha de envío es "antes de Mayo". A 1.500usd era una inversión segura. A 5.000usd es una apuesta bastante arriesgada, es posible que BFL u otros empiecen a entregar máquinas y que por lo tanto la dificultad se multiplique por 10 para cuando la máquina esté en nuestras manos. En ese caso, la máquina tardaría 10 meses en pagarse a sí misma en btc. Yo le doy un 50% de posibilidades de ni siquiera llegar a b/e en esos primeros 10 meses. Pero existe la posibilidad de que: - BFL jamás entregue nada
- La dificultad por lo tanto crece mucho más lentamente
- La máquina se paga en btc en 2/3 meses, y a partir de ahí es todo beneficio
- el precio del BTC sigue subiendo, por lo que la rentabilidad en euros crece - por lo tanto la inversión merce la pena
Propongo que dos o más personas nos asociemos para compartir el riesgo y el beneficio de esta arriesgada, pero interesante inversión. Yo estoy dispuesto a financiar la mitad (45btc). Obviamente repartiríamos todo lo generado proporcionalmente a lo aportado. Yo puedo tener la máquina en casa, aunque durante el verano hay al menos 15 días en el que estoy fuera. Podría llevármela, pero si alguno de los socios se queda en Madrid lo mejor es que la máquina se quede con él. Propongo hacer las cosas seriamente: con contrato de por medio y todas las herramientas legales para que a ninguno de los asociados se les ocurra la brillante idea de intentar huir con la máquina, o simplemente no pagar lo que le corresponde al resto. ¿Alguien se anima? Investors (CLOSED)
Rampion - 16Fk9YKT93h3bEA6pBh3cSiVGfECQdW6t7 - 22btc
Voktar - 193nUq5YpneyAyvqFuwfbZGEHwBLBbTDq5 - 13btc
Godzilla - 13ccVsC6qjNmyiYEn7SHhPs1NGJ4ECEice - 9btc
Desertxp - 1MHASVGPRRriB5XirUDeJ8k3mzp7edFmfv - 3btc
Bowen151 - 1H5mCkE7ix3Ect5nBnGgZiSqMnchB4CyNU - 10btc
Pelufre - 1vE64V5PYoKsHjNYowerKVd69kZ92cAkn - 20btc
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+5.000usd for the same unit that was sold at 1.500usd when the difficulty was MUCH lower. It seems SO WRONG to me.... |
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Rather, it is not much higher, but "improved". It may be "much lower"  The price will be from BTC88 to BTC115 depending on number of slots. 88 to 115 btc? If the specs are similar to the units of the first 2 batches that price is SO wrong. They have been advertising 1.500usd until a few days ago. At that price, it was a "safe" gamble. At +5.000usd, if the GHs are still 65 to 85GHs, the gamble is very risky. With both the btc price and the difficulty is skyrocketing, it's much safer to hold on your BTC, and way for a "second gen" ASICs. |
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I've been awarded with a free Yubikey at MtGox. I had already set up a Google Authenticator, and now I have a doubt: Which solution you like better? Yubikey or GA? I see two different pros and cons: - Yubikey looks more secure, as I'm sure that smartphone malware targeting Google Authenticator (among other things) is on his way
- On the other side, Google Authenticator seems easier to backup. For MtGox specifically, you just have to print the QR code at set-up, and your set. What about Yubikey? What happens if you loose it/break the key? I will have it in my keyring... And that's a place where is getting a lot of "action" (bouncing around with coins, keys, etc.)
Opinions? |
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Ah, come on guys, I was just trying to annoy Rampion, and maybe trigger those huge caps. SCAAAM!
This is a SCAMHope I pleased you |
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Well, I have been procrastinating this post because I was slightly embarrassed to admit I did place a order early on in this ruse. Someone from the Gmail " primeasic@gmail.com" account acknowledged receipt of my order, and stated I would be receiving a shipping confirmation on Monday May 11 2013. Of course, no email was received. A few days later I sent a inquiry and of course I did not get a response. Nothing has been heard since. Of course I did consider this could be a scam prior to my order, but I took a gamble. I can confirm for all, it is a 100% complete scam. Everyone who did the previous due diligence was correct; there are no ASIC's here. Oh well, a fool and his precious btc were parted. Thank you community for all your skepticism. Feel free to point and laugh at me now.  I really don't understand why to take a gamble you have 0% chances to win. It was SO clear this was a scam. We warned it on every damn page of this post. |
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FYI: Tested on a 2,53GH Macbook Pro (mid 2009, 15 inch), 4GB RAM, which had Armory already installed through Red Emerald's instructions Everything ran smooth and I had the same performance and "feeling" running Armory from the .app or Red Emerald's install. Only difference: with the .app the internally built OSX Firewall asks if I want to allow Python to receive incoming traffic, like it's listening to a port. With the install made with Red Emerald's instruction, OSX Firewall never asked that. Obviously I did not allow it to receive incoming traffic (I don't see why, it's not bitcoin-qt) and it still ran OK. Outgoing traffic as per Red Emerald's: python connected to google, bitcoinarmory.com and github. Last but not least, I broadcasted an offline signed transaction OK. EDITED: I see that I allowed incoming traffic for python (Red Emerald's install), I must have forgot about it. So everything is the same on that sense. Btw: why is python/armory requesting for incoming transaction? Sorry for my ignorance And thanks again for the best bitcoin client, by fair. Loving it in Linux, btw |
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Great! I installed Armory with Red Emerald's instructions, using terminal - would you recommend switching to the new .app? And uninstalling previous version? Thank you all for this fantastic piece of software |
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We posted several times warning that his was a 100% proved scam.
Who is we? How/when was this 100% proven scam. From almost day 1, when: - a fake company that never existed before registered a brand new website saying it replaced and old one of which there was no trace on internet - offered a product that never existed before for which they said they had happy customers, which are obviously fake If you doubt this is a scam there are 2 options: a) you did not read the full thread and you did not take the time to verify the facts b) it benefits you to spread the doubt so others who do not read the full post and do not verify the facts are scammed |
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they are a total scam
I ordered they told me they would have my tracking number to me last thursday now they wont even reply to emails.
i took an 80$ gamble and lost - my own fault for being stupid but let this be a warning to you - please no one else fall for this scam
it is not real
You took a gamble with only 0.00015% possibilities of success. We posted several times warning that his was a 100% proved scam. |
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In case it's helpful:
I'm running Armory on a mid 2009, Core 2 Duo 2.53 Ghz Macbook Pro, with 4GB RAM and OSX 10.8.2
installed armory compiling from source following Red Emeralds instructions on a bloated set up. Took 30/40 minutes to sync in each start and kept crashing
after a clean OS install it got better: now it takes between 10 to 20 minutes to sync, and it run flawlessly unless I open too many apps/tabs in browser, etc.
It uses Aprox. 1.6gb of RAM
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Oh dear.
After this I switched to Bitstamp using my online handle name and setup Google Authenticator. I then had my phone stolen last week. They are now asking for ID to disable the Google Auth, which of course I don't have since the name I signed up with doesn't exist...
it's not a small balance and it's in dollars, not BTC.
That's just plain stupid. Why did you set up google authenticator without a paper backup? Just ALWAYS print out the code/qr code that you import into your google authenticator app. Or take a screenshot, encrypt it and back it up digitally. Otherwise, you can't complain if you loose access forever. I mean: phones get lost and stolen a lot, don't they? |
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Martingale is nice !! 2013-03-10 06:41:26 lessthan 32000 3d61afe0 31c90c0a 1LuckyW CONFIRMED 340.00000000 LOSE 1.70000000 37037
2013-03-10 06:35:23 lessthan 32000 6d2a7d7a aa7a74c6 1LuckyW CONFIRMED 12.50000000 LOSE 0.06250000 36684
2013-03-10 05:57:16 lessthan 32000 36585c54 754cf1b4 1LuckyW CONFIRMED 160.00000000 LOSE 0.80000000 57053
2013-03-10 05:51:27 lessthan 32000 72bf3c36 10e9b860 1LuckyW CONFIRMED 70.00000000 LOSE 0.35000000 49794
2013-03-10 05:43:10 lessthan 32000 945a9f86 397f6c87 1LuckyW CONFIRMED 12.50000000 WIN 25.04810000 5526
2013-03-10 05:42:50 lessthan 32000 dec73088 8d4ee4d2 1LuckyW CONFIRMED 30.00000000 LOSE 0.15000000 51420
2013-03-10 05:36:21 lessthan 32000 30dd3084n 7f07f427 1LuckyW CONFIRMED 12.50000000 LOSE 0.06250000 60988
2013-03-10 04:54:46 lessthan 32000 5b74aa38 e9b0838e 1LuckyW CONFIRMED 70.00000000 WIN 140.26936000 20218
2013-03-10 04:53:09 lessthan 32000 8b8f4870 caf86389 1LuckyW CONFIRMED 30.00000000 LOSE 0.15000000 43175 12 / 30 / 70 / 160 / 340 = -28K$ just to try cover a 12btc loss edit : http://satoshidice.com/lookup.php?tx=1LuckyWwuK7CMF9PveFT4ZXbBcDz6xripS&limit=1000&min_bet=12&status=ALLWell, eventually a consecutive strek of 20 losses will happen. And that will not only end up eating all the mini-wins previously made through martingale, but it's very likely to destroy even the biggest roll. Martingale sucks big time... Not for Satoshidice owners, of course |
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