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Author Topic: Avalon batch #3 approaching "NO ROI" point  (Read 4301 times)
cedivad
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June 24, 2013, 04:39:59 PM
 #41

So asking for a refund would give you a positive USD return...

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
Rampion (OP)
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June 24, 2013, 04:46:50 PM
 #42

So asking for a refund would give you a positive USD return...

If I'm not mistaken when batch #3 opened (was it 26th or 27th of March?) Bitcoin was around the same exchange rate as per today, ie $100ish... Maybe a little bit less ($90?), really don't remember the exact figure, but I remember making the calculation that in USD it costed aprox. $7,000

Anyhow, I don't care - I spent BTC for a unit priced in BTC - what's this thing about "positive USD return"? Are you joking? Please be serious. Is like getting a USD refund for a pair shoes you paid in USD and thinking "well, I got a positive yen return".... LOL

I spent 75BTC and I get 75BTC back - full stop. That's break-even in my book. Or if you lend me 100BTC now you will be OK if I give back 100BTC to you in 6 months with no interest whatsoever, "because the USD/BTC exchange rate went up"? Very flawed logic.

cedivad
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June 24, 2013, 05:04:09 PM
 #43

LOL, calm down... Get a refund, sell it on gox before it's too late and buy some happy miners with a sure negative ROI for sport later, just like i (and many others, i suppose) plan to do...

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
Rampion (OP)
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June 24, 2013, 05:08:05 PM
 #44

LOL, calm down... Get a refund, sell it on gox before it's too late and buy some happy miners with a sure negative ROI for sport later, just like i (and many others, i suppose) plan to do...

I think it's already too late, I don't see how this refund thing will be immediate, and double digits are knocking hard at Gox's door.

cedivad
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June 24, 2013, 05:16:34 PM
 #45

LOL, calm down... Get a refund, sell it on gox before it's too late and buy some happy miners with a sure negative ROI for sport later, just like i (and many others, i suppose) plan to do...

I think it's already too late, I don't see how this refund thing will be immediate, and double digits are knocking hard at Gox's door.
I think that there is at least a 72h timeframe to sell at 100... maybe even a little more (and maybe it's gonna skyrocket, who knows?)
You are more active in the wall thread than i'm Wink

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
Lohoris
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June 24, 2013, 05:28:58 PM
 #46

LOL, calm down... Get a refund, sell it on gox before it's too late and buy some happy miners with a sure negative ROI for sport later, just like i (and many others, i suppose) plan to do...

I think it's already too late, I don't see how this refund thing will be immediate, and double digits are knocking hard at Gox's door.

Still, you paid in BTC and you'll get a BTC refund, so no issue there...

1LohorisJie8bGGG7X4dCS9MAVsTEbzrhu
DefaultTrust is very BAD.
Rampion (OP)
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June 24, 2013, 05:29:18 PM
 #47

LOL, calm down... Get a refund, sell it on gox before it's too late and buy some happy miners with a sure negative ROI for sport later, just like i (and many others, i suppose) plan to do...

I think it's already too late, I don't see how this refund thing will be immediate, and double digits are knocking hard at Gox's door.

Still, you paid in BTC and you'll get a BTC refund, so no issue there...


Agree on that, see my previous post.

Lohoris
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June 24, 2013, 05:32:34 PM
 #48

Agree on that, see my previous post.
True, my bad, for some reason I totally missed that post...

1LohorisJie8bGGG7X4dCS9MAVsTEbzrhu
DefaultTrust is very BAD.
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