Bump, anyone interested?

I got a guy with -4 trust send me a PM, but he hasn't replied either.

I don't have an active MTGox account and don't want to go through the trouble of funding it.

If anyone has 10 MTGox bitcoins they'd be willing to sell, I'll pay $2000 to take the risk off their hands.

(This post was written when the MTGox exchange rate was 250 USD : 1 BTC.)

The difficulty is already at 9 million. When Batch 2 has finished shipping, that will likely increase to 12-15M, if not higher. And then you account for BTC/USD volatility and power costs, and the fair value of a Batch 2 65 GH/s machine is no more than $10-15K, in my humble opinion.

If you can convince me otherwise, I'll be happy to pay more for it.  Thanks.

The kinds of prices that sellers are asking for require 4+ months to  break even on the investment. A lot could happen in 4 months.

No problem.

By the way, I'm willing to pay $20-25k for your unit in case your top offer falls through. Good luck!

If you're not serious about selling, please don't PM me.

I've got one person PM me and then stop responding altogether. He/she has been online nearly every day.

I've got another person PM me and then proceed to list his preorder on eBay (good luck with that.)

I'm willing to negotiate with you on the price & terms. However, once we've agreed on something and you're satisfied with it, don't go around shopping for other buyers at this stage in the process. That's rude and unprofessional.

I've bid on a couple of these ebay listings before.

I'll tell you this: I've gotten a ton of second chance offers due to the winning bidders not following through...and I'm not bidding anywhere close to the highest bids!

I'll offer 60 BTC if the top bid falls through.

(Good luck with the 33K cash offer: if you're serious I'd recommend bringing a bodyguard)

Also, in the PM please let me know your order number as well.

I'd definitely like to have 4 Avalons and I wish you luck in selling them, but I'm afraid I just don't see how the circumstances justify such a high valuation.

There is a lot of risk in purchasing these units. Who knows where the difficulty will be in 3 months? Who knows where BTC/USD will be in 3 months? Even though BTC/USD at 266 made paper millionaires out of a few early adapters, the fact is, BTC/USD is now on a downtrend and a prolonged selloff could push it back down to $20 or lower. Anything is possible.

Taking into account the considerable risks associated with this, right now I would not pay more than the equivalent of US $8000-10000 for one unit. If you can get orders at the prices you're asking, then all the more power to you.

Responded to auctioneeer's PM.

If anyone else has inventory to sell, feel free to let me know as well. Thanks!

I will pay BTC90 for it, although this is negotiable.
(The offer comes from the winning bid of BTC102 in this comparable listing. BTC/$ was 78.5 on March 27, and is 90 at the time of this writing, so in USD terms, my offer is actually slightly higher.)

For a transaction of this size, I will need to use an escrow service. I will pay all associated escrow fees, so as long as you're a legitimate seller, you should have nothing to worry about.

Please send me a PM if you're interested in selling your Avalon Batch 2 ASIC, even if you have a higher price in mind.

I don't have a problem with sellers who ask for market price at the time of the money changing hands, as long as the rules are spelled out clearly in advance. What I do have a problem with are sellers who apply inconsistent rules in such a way to always benefit themselves (i.e. charging market price when BTC/USD rises and switching to contract price when BTC/USD falls.)

For sellers who do want to charge market price at the time of meeting, localbitcoins.com should have an icon saying "Market price at time of meeting" instead of calculating a figure from the current GOX value, writing that figure into the contract as if it were a locked-in value, and potentially setting unrealistic expectations.

Also, you can't see a seller's price formula (i.e. whether it's a constant or an equation based on market prices), so nothing is stopping someone from listing coins at $10 (or something purposely set way below market value to lure customers) and then asking buyers to pay "market prices." If an actual business did this, it'd be considered a bait-and-switch, which is illegal in the U.S.

Yikes...I can imagine that's quite upsetting to deal with. But hopefully it's an anomaly and not the norm.

But the reverse can hold true, too. If BTC/USD were rising, you could have a seller who shows up at the meeting with no intention to sell. He could claim he ran out of stock, or his hard drive crashed, or provide countless other excuses, while secretly selling his coins to somebody else at higher prices. You never know.

You can't entirely prevent situations like this but you can leave them negative feedback.

I'm sorry to say that I've had a foul experience with using this service.  

Many sellers don't respond. For those who do respond:

- When the exchange rate moves unfavourably for sellers (say I buy at $60 and they're now worth $90), they'll ask me to pay "current market prices" even if I had clicked on the Buy button just a few hours ago and tried to arrange a meeting right away. (As you know, Bitcoin has sharp price movements these days.) Or they'll just click on Cancel Transaction without communicating with you, because they don't want to sell for below market value.

- When the exchange rates moves favourably for sellers (say I buy at $120 and they're now worth $90), they'll ask me to pay the price that was shown when I clicked Buy on the site.

the vast majority of them do not have escrow enabled, so it's impossible to pay for them immediately.

What they should be doing is accounting for the volatility in the prices they charge.

Other sellers don't even have the advertised Bitcoins on hand; they take orders and then buy them from Gox/BTCE/et al and charge a commission on top of the brokerage fees. They should state this in their ads.

I think the site would do better with a rule that requires sellers to honor the price they post, for at least 24 hours on weekends and 48 hours on work days. And I think buyers should be allowed to leave negative feedback for any transaction, not just escrow-enabled ones.

Otherwise, there's really not much of an incentive to use this service. With the slight inconvenience of opening a brokerage account, I get
- prices that correspond to current market rates, without the delay of setting up in-person meetings and exchange rate fluctuations
- don't have to pay commissions on top of brokerage fees (for the sellers who don't carry inventory)
- can buy/sell from the comfort of my home computer, without having to travel to an agreed location to do the transaction
- no risk of getting mugged
- no risk of dealing with poor customer service

I'm interested in buying established Bitcoin web businesses.

My budget is up to 500 BTC (~50000 USD), with the actual amount dependent on a large number of factors as described below. I am willing to make a big bet on the future of the Bitcoin economy.

"Established" is the keyword here. There are tons of copycat Bitcoin gaming/gambling web sites out there, but only a few of them have a non-trivial amount of users. If you have an innovative concept that simply hasn't taken off yet, I'd still be interested in hearing about it, but it won't command a high price unless it's been proven to generate income.

If it is a gambling site, legality will be a concern. Are the servers based in a country or jurisdiction where gambling is allowed?

A preference will be given to decentralised websites. The less trust users have to place in the site operator or a central database, the better. The goal is to have a website that's as hack-proof as possible, and immune to government intervention.

At this time, I am not particularly interested in equity stakes (i.e. buying shares of businesses a la MPEx), especially trivial stakes that come with little to no control over operations, but if you have a really good profit-sharing plan in mind, I'd be happy to hear about it.

I know I'm still relatively new (to this site, not Bitcoin itself) so I will be using an escrow service to complete the transaction. This will protect both myself and the seller.

If you have any business(es) you're looking to sell, please send me a Private Message with more info, including
the URL, a description of your business model, and historical revenue & profit figures for the last 6 months of operations. I will consent to any non-disclosure agreements.

Thanks!

You got PM

I'm interested in buying established Bitcoin web businesses.

My budget is up to 500 BTC (~50000 USD), with the actual amount dependent on a large number of factors as described below. I am willing to make a big bet on the future of the Bitcoin economy.

"Established" is the keyword here. There are tons of copycat Bitcoin gaming/gambling web sites out there, but only a few of them have a non-trivial amount of users. If you have an innovative concept that simply hasn't taken off yet, I'd still be interested in hearing about it, but it won't command a high price unless it's been proven to generate income.

If it is a gambling site, legality will be a concern. Are the servers based in a country or jurisdiction where gambling is allowed?

A preference will be given to decentralised websites. The less trust users have to place in the site operator or a central database, the better. The goal is to have a website that's as hack-proof as possible, and immune to government intervention.

At this time, I am not particularly interested in equity stakes (i.e. buying shares of businesses a la MPEx), especially trivial stakes that come with little to no control over operations, but if you have a really good profit-sharing plan in mind, I'd be happy to hear about it.

I know I'm still relatively new (to this site, not Bitcoin itself) so I will be using an escrow service to complete the transaction. This will protect both myself and the seller.

If you have any business(es) you're looking to sell, please send me a Private Message with more info, including
the URL, a description of your business model, and historical revenue & profit figures for the last 6 months of operations. I will consent to any non-disclosure agreements.

Thanks!

I would like to get whitelisted, pretty please...

A friend first informed me about Bitcoins in the summer of 2010. This was not too long after the now-famous "10,000 BTC <-> pizza" transaction, and the approximate exchange rate was 5 USD for 1000 BTC. I was foolish and dismissed this, thinking it would never take off...boy, was I wrong...

A year later, Bitcoins had reached $30 and was all over the financial press. That's when I really started paying close attention to Bitcoin. It's good to finally come out of lurking mode after so long!

Thank you!  

I think it's already fairly mainstream. Big names in the financial press (Wall Street Journal, FT, Forbes, etc.) have all picked up on this. There are Bitcoin users in every country around the world.

For Bitcoin to be used in day-to-day transactions, the value of the currency must stabilise first. When the BTC/USD rate is still rising at 100%+ per year, people have a very strong incentive to hoard them instead of spend them, which grows the Bitcoin economy.

I haven't heard of them...

How many Bitcoins are you looking for?