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Author Topic: advice: how to sell an ASIC preorder as a newbie  (Read 431 times)
jadatkins (OP)
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June 25, 2013, 03:09:12 PM
Last edit: June 27, 2013, 09:45:06 AM by jadatkins
 #1

I'm looking for some advice here. I have a preorder for three Avalon batch 2 units (actually it is for four units, but one is for a friend and so is not mine really) and I'm looking to sell one of the units and mine with the other two in order to hedge my bets and diversify my investment.

I'm cool with taking the risk if Avalon never delivers, or saying "if it doesn't arrive by X date the trade is cancelled" or just leaving the auction open until it does arrive and I have it in hand and selling to the highest bidder on that date. I'm also cool with any sensible payment method, but from looking at other sales it appears that John K escrow is the way to go.

But of course my main problem is that nobody knows me here so nobody has any reason to trust me, so I'm wondering how best to give evidence that I own preorders. I can give the blockchain transaction IDs (payment was done in two transactions) but I can't prove that I own any of the related addresses. Having said which, it has just occurred to me as I write this that BtcDirect of localbitcoins.com (https://localbitcoins.com/accounts/profile/BtcDirect/) could vouch for me because I paid them GBP and had them send the BTC to Avalon directly (to save time). So assuming they are willing to spend the time to vouch for me they are presumably trustworthy enough for that to work?

I attach some screenshots of the order and the transactions in case that helps. I have blurred out all identifying details because I am paranoid that someone else will take my screenshots and claim them as their own, and also it would be useful to be able to reveal the hidden details later. Ignore the Avalon website where it says that batch 2 was priced at 75 BTC per unit; it was actually priced in USD at $1500 per unit. This is displayed on my order page (again, incorrectly) as 6000 BTC (for a total of four units) - it should say $6000. Therefore the amount I paid was 225.6 BTC which was $6000 at the time.

https://i.imgur.com/6L92I21.png

https://i.imgur.com/8d5sbmy.png
jadatkins (OP)
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June 25, 2013, 03:12:57 PM
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Oh, something else has occurred to me which is that if I ran the auction on eBay, my eBay account goes back nine years (although it has had pretty light usage in that time; my feedback score is only 152) so perhaps that would provide some credibility: http://feedback.ebay.co.uk/ws/eBayISAPI.dll?ViewFeedback2&userid=jalexanderdatkins&ftab=AllFeedback
jadatkins (OP)
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June 25, 2013, 03:40:38 PM
Last edit: June 27, 2013, 09:47:21 AM by jadatkins
 #3

Regarding the 'order status: cancelled', I think that is normal but I've created another support ticket about it just in case: http://imgur.com/I6IWNJt

Update: I have just received an email from Avalon, apparently they have fixed my order showing as cancelled and I'll upload another screenshot as soon as I'm at a proper computer and not on my phone. Of course, since I was only asking for advice so far and not making a formal offer to sell, it shouldn't be relevant yet.

Update 2: Okay, I've now done that, and on a Mac this time. Original image was here: http://imgur.com/iAgNqpH
jadatkins (OP)
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July 01, 2013, 04:23:41 PM
 #4

I forgot to say, I created an auction about this. Currently at BTC141. Ends in 18 and a half hours.

https://bitcointalk.org/index.php?topic=245629.new#new
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