So 64, lets multiply it by 3 or roughly 200 units... what happens if the batch fails?
Just check some facts before you troll please
the address received 4,735.62764168 BTC, so that is roughly 64 or 63 units.
Not 64 orders of 3 units each
what do you mean the batch fails? It fails to sell out? Fat chance, considering the massive queue of people that want in.
Avalon will say "no worries", and return the money, but what happens to the 300 from batch#1 who are ready, but need more than 100000$ to get shipped?
They will just launch batch #3...
Avalon does build to order, they don't need to fill all 600 slots of batch #2, they just buy the parts for the units sold.
Everybody knows a run-a-way capitalist system is based on leverage and compounded interest. You use the funds of future customers to satisfy the existing customer base. This can only work if there is a continuous growth rate. Call it a pyramid scam if you want (but then again our current economy based on FRN and social security are also perfect working pyramid schemes, until the recession hits). This is how growing companies deal with increasing expenses in product development, RMA handling, growing workforce, more overhead, bigger xmas bonuses...
it's safe to assume we are right now at the beginning of the ASIC boom, so plenty of bigger and bigger batches to be sold.
The trick of a pyramid scheme is to get in at the beginning and get out in time (hello Pirate40, are you still out there?)
Why didn't they just mine for 2-3 day and get the money to ship all units? Don't they work? Do they exist?
They promised they wouldn't ;-)
