No news is not good news when they are shipping the 55 BTC order machines prioritized after the WalletBit users who paid 75+. I am sorry but this is not okay, in any fashion of the word. If I had known this would've been happening I would've made a point to talk to Yifu more directly about the inequities in the shipping process... this is just simply not OK. Us Feb 2nd customers are being treated like lemmings.

Called DHL today, they have absolutely nada related to anything shipping to me. I am a Feb 2nd order.

Would be nice, but only the MailChimp gods can know at this point...

I think the least Avalon could do at this juncture, considering the millions and millions of dollars they have made from the community, would be to issue a newsletter update and explain why people who ordered on Feb 2nd are being furloughed and people who ordered on Feb 18th are receiving units.

I met Yifu at Bitcoin 2013 and he seems like a nice guy, but it really feels like he couldn't care about his customers at this point... which is fine, he just needs to ship the units or give all the BTC back. Given the tremendous price increase since February, the 150+ btc on the line for some like myself represents a huge cash parachute that could be paying off the mortgage, etc.

Yifu if you read this just know I think you have done by and large superbly up to this point with Batch 1, but there are many like myself who would just really appreciate the common courtesy of having a simple newsletter update re the status of Batch 2. I think that's reasonable.


My .02 btc

still waiting, and 0 word from Avalon team.

bump for a man in need. come on avalon!

In the same boat as you friend, it is really something...

Still nothing with regards to my batch 2.

Nice! That's great news. Btw -- sweet bike, what is that?

No word back yet but it is very disheartening to see people who ordered 2 weeks later than myself having their units shipped. Hypothetically what would we do if we never receive our units? I see a few from Batch 1 that have still yet to get delivery.

Thanks for the suggestion, put in another support request. Crossing my fingers!

Ordered feb2 as registered user, nothing yet, not even an order in the store

BTCSQL

1 unit
Bought & paid via BTC Feb 2nd, as registered user
No order in account page, Avalon confirmed

I also purchased within the first 10 minutes of Batch 2 opening, and am still waiting to see the order in my account page on Avalon.

Only confirmation I have is a message from a support ticket a few months ago that simply says "Your order is proceed correct on our end."

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I understand completely -- please excuse any undertones of criticism that may have penetrated my post; I do think Havelock provides a very valuable service, I was irrelevantly echoing how I would manage the fund to the benefit of all parties. Hopefully when James comes back he will consider matching the Havelock order book with MPEX shares so the spread doesn't approach 20%.

As someone who was initially very impressed with the fund, I am now left wondering -- why hasn't Havelock taken advantage of the order book and filled the orders with new share units created from the MPEX sell side? I am sure there is a certain level of desire to keep the Havelock fund trading at X% premium for what ever reason, but it is not really a good reason... I don't think it's right for the fund to trade at an upwards of 20% premium to the underlying. For instance, right now there are 7000 shares on MPEX at an ask of .0063, and the Havelock bid is up to .736 for 21 units (2100 mpex shares).

There are only a few ways to resolve this issue, which is of course an issue because it means people are over paying by a significant amount. One would be: let people convert MPEX shares into the Havelock pass thru units, which I see is already existent -- although the process for conversion is not clear. The other would be: Havelock manages their order book as any broker would, and matches supply to demand, simply buying the units on MPEX and flipping them to the bids on Havelock.

This arbitrage needs to take place for the market to remain healthy, and frankly I am left feeling suspect as to why this hasn't already occurred. It seems to me (please correct me if I am wrong) that there is nothing stopping Havelock from buying the shares on MPEX, creating units (incrementing a SQL entry) on Havelock, and selling them to the market. It would be better for all parties involved if this kind of additional liquidity would be provided to Havelock shareholders.

I believe it is the duty of the fund to take advantage of these market dislocations when they exist to improve the overall efficiency, structure, and liquidity of our dear BTC markets. Look forward to hearing a response from James et al

Hello everyone,

In a feeble attempt to try to mine some litecoins, I have tried ScryptMiner and reaper13v4. All attempts to join a pool and start mining result in an error message.
For ScryptMiner, it's "Couldn't connect. Try check user/password." (clearly my user/pass are OK)
For reaper, it's "Couldn't connect to server. Trying again soon.."

I tried disabling windows firewall entirely, and port forwarding 9332, 8080, and 8332 to my internal IP on the router, and nothing. What can I do to open up the path of communication so I can actually see what kind of hashes this computer can generate?

All help is most appreciated, thanks.

The "tranches" were really a gift, for any astute, risk-whetted person who understands that the investment (like Bitcoin) could become worthless. Of course the lack of prior disclosure is cause for some to be upset, but, this is Bitcoin, and so it goes. As always, those who try to play the markets casually, will be taken to the pen and slaughtered by those who study and watch constantly. In this case, the serious interested parties in S.DICE who, like myself, watch the price numerous times per day looking for opportunities to build my stake, happen to be given a gift of temporarily lower prices. This is really no different than some algorithm going AWOL on the NYSE, and selling the stock all the way down to 0.01, except in this case, trades aren't cancelled and reversed. I believe in free markets, and I know full well that the limited market cap and liquidity of these stocks means that there can at times be serious dislocations between NBBO and true value. These times represent opportunities, and you have to take advantage of them. So long as your horizon is years, not days, and you are willing to lose it all, just calm down and watch this thing play out, I guarantee it will be a wild ride. Thank you Erik for taking the time to respond to all of our inquiries -- it reflects brightly on your capacity as both a human being and a business man.