here you go  each share cost  .63 btc they have paid .23 btc so we are at .40 btc loss.   each share


they offer 287 that is .312 btc   so   I get that you do not want to take a btc loss

 .400
-.312


.088  btc loss  

they will pay us divs on the 15th so  that div will be at least .05 a share    
 so .088 - .05 = .038 btc loss each share maybe less once you figure the div for the 15th of  dec.  also maybe less once you add in the short fall.
as we are short about .042 btc a share.  so in btc you would be a push. or close to a push


but if you hold your share  8gh


not earn .4 btc    until late june  of 2014 and the diff needs to be under 16%

 so as for a roi in btc you just will most likely never ever see that.

A roi in fiat yes btc no. just is not going to happen.

BTW a great roi in fiat truly great return.  Trust me   This is an amazing return.

Now if you want to argue anything about more fiat  we should get 287 plus the dividends  up to the 15th and the btc shortfall of  .0425-.045 each share fine I am down with that.

But btc roi is not here won't happen   you can not get blood from a stone.

 to get roi in btc we need to keep the network at a 14% difficulty adjustment for 6 months in a row,  this is pretty much impossible.

A ) bitmain says he is real
B)  paypal would protect your order as these will not be preorders
C)  do not make a btc order

reserved

  I will pass take me off the list please.

why  4 months.   the 10 -17 btc makes sense for the shortfall   but the 4 months of hash  no ,


here is why the 4 months is not needed   the 287 is worth more then 2.4 months of  hash at a diff of 900 mill.    we will have hashed from nov 1 to dec 15  that is 1.5 months  so you get 3.9 months worth of hash in 1.5 months of holding the gear.  basically to not sell is a really crazy move. with just about 0 math sense .


your risk of btc price drop is vanished  poof gone.  and if you really think btc will go up hold some btc with the money.

 To further the argument as to no btc profit diff will jump to 900 mill in a day.

I get that btc profit is a nice simple idea.   It is not going to happen here.  We had 2 nice adjustments now we get a bad one. 25-30% .



As to btc price jump  that may happen as to btc price drop well it did go under 600 usd on the 6th. It is now 900.

do the math at 900 mill btc roi is ? days from now.  a share should be 8.3 ghs at 900 mill diff it earns .133 btc in a month

287 is about .3btc  so at todays price you are getting more then 2 months of btc earned if diff freezes at 900 mill.

 


Besides the sale at 287 .  the short fall of btc must be dealt with it is 17 or 18 btc short and it is separate from the sale  it is about .0425-.0450 a

share.

If I take the 287 buyout  I still want the shortfall addressed. or is the 287 including the shortfall.

 which means the buyout is  247 and the shortfall is 40.   BTW I am fine with this but I am sure other want the 287 plus the missing coin.

You know Dz coop can announce the vote 202 of 400 shares says sell it .  And they could pay you 287 cash per share like the rest of us.  We are in this on a trust basis .  We trust and hope the correct thing is  going to be done. If you want a btc profit trust me it will not happen.  The only profit is going to be fiat. These machines will not earn a btc profit.


If you want  to argue btc will go to 3k then take the 287 a share and convert it to btc and hold it.
   

  The world of btc moves very fast.  the chance to sell at crazy high numbers is gone.  we should mine  and hope for a btc rally .   I for one did not vote to sell machines at lower then 18k.  right now buyers willing to spend 18k are gone the buyers willing to spend 23k are long gone. I posted a legal solve to force obeyers to pay us in btc and I posted the offer given at 23k.  I mentioned holding both machines gave us no protection against a drop in btc.

 Well the drop in btc price  happened and diff will jump 25-30%.   machines list for under 15k on ebay


http://www.ebay.com/itm/KNC-Kncminer-Jupiter-Bitcoin-Miner-550-GH-s-IN-HAND-USA-/131063021242?pt=LH_DefaultDomain_0&hash=item1e83f6feba

http://www.ebay.com/itm/550-GHs-KnC-Jupiter-Bitcoin-ASIC-Miner-In-Hand-USA-/181276475470?pt=LH_DefaultDomain_0&hash=item2a34eb804e


http://www.ebay.com/itm/KNC-Kncminer-Jupiter-Bitcoin-Miner-550-GH-s-IN-HAND-USA-Ships-FedEx-/291030988674?pt=LH_DefaultDomain_0&hash=item43c2cc7782

so listing at 18k on this site is not going to work.  selling window is gone.  it could open if btc goes up again.

Since this buy made money for me and involves many people I knew that proper investment strategy  would not be done if put to a vote.  Basically same is happening with r9 -r12  a large amount of people know one thing I must roi in btc.
 That is death for proper investing as it creates no flexibility and cuts off huge options.

 But be happy this r5-r6 made you money and can still make more money and if btc jumps to 1.5k or 2k on the 15th of dec all the people that said hash hashes  no sale will be the clever ones.
            oh I do not need to sell in a gray market under the table sale.

knc 1200 machines at 600gh = 720th  .   about a full 10-12 percent of the 27% jump to come in a day or 2.

also bitmain shipped  180   180gh machines   that is 32th.

None of us know how much either of the above companies are mining with gear built and not shipped.  BTW with closet to 7ph mining as I type any company may be mining rather then selling.  

 Our much loved BFL  may have 1000 Monarchs Mining as I type.  They are building a cloud so that you can let them do all the work.  For all we know  it is up and running  why not mine at 707 mill diff and then 907 mill diff if you can get away with it. Once the diff jumps up to 1.2 or 1.4 bill then mine for your customer.

would you in turn then build a usb with customer chips?  this was done with the bit fury chips by you.

I got the email I voted I have 11 shares.

287 a share is better then 180  a share ..

So to those that resisted  the earlier offer you gain  around 100 usd  a share.

It would be nice for people to vote early since 201 votes either way makes the decision done.

 I can see waiting to see next diff  adj which would be  on wed morning the 11 or late tues.

here are two estimates for diff rise

***********************************************************************************
707,408,283  now


908,255,612 (+28.39%)  in 264 blocks   http://bitcoinwisdom.com/bitcoin/difficulty

*************************************************************************************
Difficulty  707408283   now

Estimated   888112465 in 263 blks   (+25.55% )           http://bitcoincharts.com/

***************************************************************************************

On the  6th -7th  of dec I made  6 purchases on coinbase :

 .40 btc  for $283.98            = 709.95 usd     10:23 pm
 .40 btc  for $247.53            =  618.82 usd    11:12 pm
 .20 btc  for $130.34            = 651.70 usd     11:31 pm
 .20 btc  for $120.54            = 602.70 usd     11:44 pm
 .30 btc  for $171.04            = 570.13 usd     11:50 pm  
 .29 btc  for $184.68            = 636.82 usd     12:10 am


this is a shitload of volatile movement for 2 hours time.

I am not done.

 I sold on the 7th of dec 

0.38 btc  for  307.53     =  809.28 usd   4:10 am
1.0 btc   for   809.68    =   809.68  usd  4:13 am    so coins moved from a low of 570 to a high of 809 in 6 hours.

If I  get 287 a share  x 11 shares = 3157 usd   for me

 and 400 shares = 114,800  for the whole sale.  

   I ask for  notice   before you send me coins.  So I can cash them very quickly if I want to do so.

 


if you buy 5 and use the 15% coupon they are 169. 

 if you are close to the source and can pay 125 that is nice.

I grabbed a second share. So I may get a fw more later this week. 


https://blockchain.info/tx/3707975ebacae334a0e20f6fd45e62082e759757c399440c8703057ef7dc6f20



my payout address is :

1Fo2K52Rz7LZw9fcF5BDdDBjfNaViQ8J3x

 

 I am sure he would  not exclude you.. Writing up a quality control list can be tough.  And 1500 and 1 is really good. You are also a long time seller on the bay. I would think the listing can  be tweaked a bit   to 98 % of 50  or 100% of 15 plus. either or.
 If I do  business with a very new ebayer I like perfect feed back.  but someone with years and a 1500 and 1 is not the type to do a false chargeback.

cxboyminer has never done a big sale on site. and is trying to be safe from scammers and make us feel safe from being scammed.  Hopefully  this will be a steady source of good sticks for us to keep some to  and sell some on ebay.

The problem is not the doing of cxboyminer  but companies like BFL and a lot of other companies   plus plenty of scammers on this site.  In fact the s-1 sale had a scammer but all was fixed by sushi.
 as of today cxboyminer has not taken money from anyone and if he had did a preorder we would all be screaming cursing with I want a refund you ff'd us.
I have to say it is annoying since all the better usb sticks are not being sold or built.

 the red furies have another preorder.  I am on the fence with that.  the ice fury may be next week and these u-1 are delayed more then a week.  if I recall the price was supposed to come last monday.  I would like to start selling on ebay but I will have 0 stock for christmas. (which is annoying)  also the diff jumps hard real hard  25-30%  cause 1200 knc jups hit the network.

 such is the life of btc

 yep 600gh a machine x 1200 machines = 1.2ph

I like that he is willing to gain trust allowing paypal.

 Having sold with paypal for years buyers can be real scum at times.  Not most maybe 1 in 20.

Same for sellers maybe 1 in 20 are terrible. 

   good point  a lot of new sellers have good records  so maybe  1 year or 9 months makes more sense.  For me to buy from a new seller like cxboy a new product my first order has to be paypal. then I sell off enough on ebay and keep some.. 

say 20 sticks sell 15 on ebay   keep 5.  next order can be btc since I made enough on the first so that if cxboy turns bad I do not get crushed.

 When AM was selling sticks via canary I ordered 2x a week 100 sticks at a time all via btc.

   If cxboy does well I won't fear sending btc   right now I do.

That will help somewhat.   I will send a pm to try to explain  some other ideas.

I do have 1 complaint on pricing.  If I order 10  they are 189 each  and the discount code drops them to about 162.  to get the next price drop I have to go to 50 sticks

2 or more $209.99
5 or more $199.99
10 or more $189.99
50 or more $164.99
100 or more $149.99

So between the wait for the sticks at best dec 26-27  and the lack of a discount step between 10 and 50 as a reseller I find it hard to order.  It is not like I can order 10 and sell a few then order 10 more.  the batch will be sold out.  

 If the discount for bulk orders  had a step at 20 lets say 179.99 or better yet 174.99 I could push to order 20.  Frankly I also fear the same delay as last time.  So if I order 20 looking to sell half on ebay and I get them Jan 7th or 10th it is hard to commit to buying this.

For now I will put this offer in my offer tab list and check it every day or so.

I have to wait for the antminer's usb stick offer as they claim it will be an in hand offer..  For a reseller like me fast shipping is really important. But I will still mark this.

  As I could make a few bucks on resales maybe.

Okay I f'd around and got the cart to work.

 If I order 10 of these the sticks will cost me 1614.92 .   161 a stick is a decent price.

  I do not understand delivery time.   I am in New Jersey  you will ship out on the 23rd of dec using usps priority mail.

 So if all works I will see them on the 26th-28th of dec.   Am I correct in my understanding of scheduled shipping?

 I have an account I put 5 in the cart should be 199 each with 5 or 995.  stays at full price of 219 .  then the discount for  15%OFFURY DOES NOT COME OFF.

So my cart should read 845 for 5 it reads  1099.


 http:// http://img577.imageshack.us/img577/5420/nibd.png


it also says my shipping is free.  so you need the cart /checkout to be fixed