LOL, Australian duty is a pain, I hope it gets through without GST:
Total customs value (FOB): AU$24510.52
This is the amount that customs values your import at
- Duty: AU$0.00
- Customs Service Fee: AU$55.20
- GST: AU$2488.93
Total import duty & taxes due: AU$2544.13
This is the amount that needs to be paid to customs
Total landed cost: AU$27433.45
This is the total cost of importing, including product, shipping, insurance and import duty & taxes
at USD/AUD exchange rate of 1.1141
Here in lovely NZ it'd cost $1800NZD in GST/Customs for a single Jupiter. Youre fucking kidding! Thats almost like mafia protection rates! At least the miner won't go though customs here in the EU - it's like domestic shipment, so it should arrive very quick. |
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Glad one part of my two answers got some good debate going. The laundering was a throw in to first point of buying miners with credit cards since bitcoins via cc's is pretty much null. also, with 0% intro's and 1% cash back I already have ~$150 ROI on my two Saturns>Jupiters upgrades  USA based? yup Just curious - I assume you pay VAT. What about any other import duties or taxes? Basically for a $6999 Jupiter how much will the final costs be including delivery and all taxes + VAT? They don't have VAT in the U.S. They do have a sales tax in most States, although it's not consistent. That generally bounces between 5% and 10%. There maybe an import duty of some kind? According to this, I guess if it's classed as computer hardware, it's duty free, with a $25 merchandising fee; http://www.dutycalculator.com/new-import-duty-and-tax-calculation/So US residents basically get it for a around 7015USD and us in Europe have to pay 20% VAT on top on average. What if the miner was billed including VAT - do US residents claim that back somehow or don't pay it at all? |
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Glad one part of my two answers got some good debate going. The laundering was a throw in to first point of buying miners with credit cards since bitcoins via cc's is pretty much null. also, with 0% intro's and 1% cash back I already have ~$150 ROI on my two Saturns>Jupiters upgrades USA based? yup Just curious - I assume you pay VAT. What about any other import duties or taxes? Basically for a $6999 Jupiter how much will the final costs be including delivery and all taxes + VAT? |
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Glad one part of my two answers got some good debate going. The laundering was a throw in to first point of buying miners with credit cards since bitcoins via cc's is pretty much null. also, with 0% intro's and 1% cash back I already have ~$150 ROI on my two Saturns>Jupiters upgrades USA based? |
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Right, so it's not because it's BTC vs CC, but obviously it is easier for you to use the current legislation (CC) vs trying to set a precedent (BTC / + you need to win!). With CC vs anything else, be it Bitcoin, debit card, whatever, your protection is much greater with the credit card. This is because a credit card purchase is a three party contract, where your CC provider agrees to stand in place for the merchant in case of refund or other issues, and reimburse you directly. Whether your CC company manage to then recover anything from the merchant is their problem, and doesn't affect you at all. If they don't, it is their loss, not yours. With any other payment method, it is a two party contract between you and the merchant, and if they just run off with your money, or become insolvent, you are left with effectively no redress, you are just another unsecured creditor, unlikely to see any of your money back. For any large single purchase, credit card is the most secure method, as it the only one which introduces a trusted, solvent, third party to effectively act as guarantor for the merchant. (This is why some businesses find it so difficult to find a CC processor, because the CC company view them as too high risk.) (All of this relating to the UK, I don't know the position elsewhere) Well put  |
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350 pages of epicness  |
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(...)
Well I haven't touched the whole B2B or B2C uncertainty, so you never know, but at least I will feel more secure that way.
(...)
I have verified this with my general counsel in Belgium and, in case of problem, you will have to sue as a business in a B2B case, in Belgium, for Belgium. I can't say what the situation would be in the UK, but as I stated multiple times before, it's likely to be similar in other EU countries. OP will not verify that with a UK lawyer, so you should probably put that in your agenda before following his "legal advice". I make my own research, draw my own conclusions and make my own choices. I will face my own consequences if any without shifting blame to anyone else. |
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10 slots at 15BTC each (will reach it probably) = 18K USD I wish I was the owner if this forum  |
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delivery date. I was given quite a specific estimated delivery date for the 1st shipment, so maybe he got it too  |
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Can somebody clarify for me the name: Nasakioto? Someone said it meant the same thing as Satoshi's name but I don't get it. TIA.
Both names use the same letters - just rearrange them It's not exact - there are letters missing in Nasakioto. Look again. Nothing is missing. |
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Can somebody clarify for me the name: Nasakioto? Someone said it meant the same thing as Satoshi's name but I don't get it. TIA.
But I will say, ixCoin has everything a banker would look for when wanting to duplicate what I think will be an ultra successful Bitcoin ETF, right down to the cool Japanese name itself.
SATOSHI NAKAMOTO THOMAS NASAKIOTO So it's just similar. Someone said Nasakioto was the same exact name as Satoshi only spelled differently or something like that. I realize Thomas has a normal, very American last name but it was clever to choose a Japanese name. Clever indeed. It's called ANAGRAM. http://en.wikipedia.org/wiki/Anagram |
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Can somebody clarify for me the name: Nasakioto? Someone said it meant the same thing as Satoshi's name but I don't get it. TIA.
Both names use the same letters - just rearrange them |
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So you don't think ixCoin will go much higher than the half a cent it's at now? Well then why bother holding it given it has to go up way more than that for you to just break even. I suppose those 15K coins aren't asking for food so you might as well hold on to them. I mean, you wouldn't even get 1BTC at the current price.
I wish I was as optimistic as you are The future will tell who was right and who was wrong |
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John, I have sent you a PM. Please can you have a look when you have time as I would like to order asap Thank you. |
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These cards were announced 5 days ago, you bought 9 and now want to sell your pre-orders at a loss of $4680
Are you joking?
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You paid 30 BTC for 15K ixCoin and 15K i0Coin (in 2011)? I might be wrong, because I can't really remember. I'll PM doublec and see if he can get any records just for old time sake What do you mean the exchange rate for ixCoin won't get much higher? Higher than the half a penny it's at now or the exchange rate you originally paid for it? If so then why would you bother holding your ixCoins?
Much higher than it is now. I hold them for the same reason as you - I truly hope they increase in value, but I'm mostly skeptical this will happen. |
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I'm curious how many people on here are accumulating some ixCoins. Whether by mining or purchasing them, how many are planning to hold say at least 10,000 ixCoins as speculation? That's hardly more than half of 1 Bitcoin. TIA
Like I said before I have 15K that I bought in 2011 and which I still keep, but only because I've accepted the fact that it was bad investment decision. I had a small window of opportunity back then to make a profit, but I slept through it, so until I see a good reason to sell them, I'm going to keep them That's right, you're the guy who spent something like a few USD per ixCoin, right? I can't believe they were worth that much at one point. That's another way to value this coin - its past valuation compared to bitcoin. Of course, in the end it's all hypothetical since there's no intrinsic value. That makes buying any alt coin a very risky endeavor. But given I'm looking at and strongly believe in the (coming) big picture the risk doesn't appear nearly as significant to me. That said, I think you'll get your money back on ixCoin and maybe even make some. If ixCoin ever breaks even $1 per coin then I strongly believe it will go much much higher than that. But first there has to be a sign of real interest in the coin cause right now besides a few speculators like myself I see no widespread interest. I mean, besides you I don't know of anyone else having bought and planning to hold ixCoins. It would be so really super duper awesome to know what the founder is doing. I mean he came back and now disappeared again. He should come on here and say, hey, I've been accumulating and I hold way more coins than this vlad dude. Something like that would go a long way to boost the confidence of crypto investors. The BTC price was between 3 and 4 USD back then, but I can't really remember how much BTC I spent for these 15K IXC. I just vaguelly remember spending around 30BTC for 15K IXC and 15K i0C I mined with 1870MH/s between 01 July 2011 (difficulty was 1,563,028) and 19 October 2011 (difficulty was 1,468,218) with a peak difficulty of 1,888,787 in between, so I must have mined around 60BTC for a period of 105 days, which doesn't add up. Something is wrong with my calculations, because I had 70BTC left after spending some for IXC and i0C. Can't really remember.  But I personally don't believe that the exchange rate will go much higher and so don't expect to make a big profit, if I make any at all. |
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Good news, looks like quality all the way.
So if I understand correct there will be 4 of these boards connected to a one board (the main PCB) inside the case and each of the smaller boards will have one ASIC chips on it, right? Then why are there 4 slots for chips per PCB? The chip pictured is only they as reference to overall size as it's a known component. Let me ask again: So if I understand correct there will be 4 of these boards connected to a one board (the main PCB) inside the case and each of the smaller boards will have one ASIC chips on it, right? Then why are there 4 slots for chips per PCB? no the asic chip will take up all 4 of those areas. So the single asic chip will have 4 areas with pins under, so it fits perfectly in these 4 places? I believe so. So can we establish how big the ASIC chip is from this image? Forgive me if that was answered already |
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Good news, looks like quality all the way.
So if I understand correct there will be 4 of these boards connected to a one board (the main PCB) inside the case and each of the smaller boards will have one ASIC chips on it, right? Then why are there 4 slots for chips per PCB? The chip pictured is only they as reference to overall size as it's a known component. Let me ask again: So if I understand correct there will be 4 of these boards connected to a one board (the main PCB) inside the case and each of the smaller boards will have one ASIC chips on it, right? Then why are there 4 slots for chips per PCB? no the asic chip will take up all 4 of those areas. So the single asic chip will have 4 areas with pins under, so it fits perfectly in these 4 places? |
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