The latest Avalon announcement in China(Translated). Batch #3, price and more.

[Dalkore]

I assume that was the feeling. Many are finding out what happens when you deal with a principled business person.  

Bwahahaha, holy shit that made me laugh. It is immensely apparent that Team Avalon has poor business experience, and for the record I have no problem with that. It's good for a company to stumble as they did, so long as they learn from their mistakes. In the end it makes you stronger. This, however, has yet to happen..hence the humor of you putting them on a pedestal.

With a ROI of 6-12 months, you know they will keep the gear on the network for that time, keeps it just the much more secure.  

Speaking of security, since when is vastly raising the bar to entry better for the network in the long run? Instead of thousands of people saving their pennies to make a purchase, Avalon is instead tailoring to a hundred customers who have substantial amounts of cash lying around. This sort of circles back to my comment on their "business skills"...

Hope people are looking at other motives than just profits.

Dalkore, I trust you've been here long enough to understand that (for the vast majority of people) profit is, in fact, the primary motivator.

Korbman, sorry about the delay.  I wanted to respond, things have been crazy with Bitcoin.  

1.  I disagree, you may not like their style of business but I would not call it poor.  Sure the customer service is pretty lacking but they are upfront about this and have delivered a great product, that is what counts in the end.  Pedestal you say, compared to what?   Nope, just giving "my" opinion and telling it as best as I can.  People can choose to value that opinion or not, it really comes down to if you think I am competent enough to make that judgement.  If you knew what track record to this point, you may.

2.  Depends on how you look at it.   You need to ask yourself, raising the bar for who?   Newcomings that want a quick buck?   See I have kept going all-in and doubling down so I am in the position I am right now.   Yes it could be cheaper but to say a 6-12 month ROI is not amazing great, is sort of head-scratching.  This large group of customers could pool together and get a unit.

IN FACT IT'S OFFICIAL:  If any one that wants a unit but doesn't have BTC88, PM me and we can get some like minded people together, I will purchase the machine on your behalf and manage it for a small negotiable fee.   I have office space and can get more.  Cheap power in Washington.  Spread the word and PM me. (5-10% range)
Link:  https://bitcointalk.org/index.php?topic=156068.0

3.  Yes I have, they can be motivated by whatever they want.   Yes I need things to make business sense so I can continue to expand my endeavors but at a point, you will need to be moved by something other than profit or you will burn out or get burned, true wisdom.

Dalkore

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[wknight]

People come and go in Bitcoin.. many times they come back when price goes high. Avalon created a product so that mining will continue passed 3 months. If you make a product too cheap it can sit in a closet because its already paid for and someone lost interest in mining.

We see it all the time on pools. People forget about their miners and dont bother with them. They stop running and it never gets fixed.

Avalon doesn't want their units to be forgotten.

I wrote an article not too long ago

http://www.btcmu.info/pools/128-miner-speculation-avalon-s-look-to-the-future.html

I myself have been around for a couple years now. I have seen a lot of people come and go. Bitcoin mining needs to be secured by people willing to be part of it and take risks.

If Bitcoin crashed tomorrow to $5. So many people would sell off their equipment as cheap as possible. Or just not run it. If you charge more money for the product people will be forced to mine in the highs and lows. You have an investment that you are interested in making its money back.

The die hard miners will pickup these units with no problem at all. Who knows maybe they will sell out in a week and not in 1 day.

[paraipan]

...

Haha, keep bitching Mirchica, we both know you would do the same fucking thing, but because some Chinese is doing it you're not entitled to call him names on a public forum.

Btw, why would I make and handle 60k units when I could reap the same profits with only 600? Are you mentally challenged?

[Dalkore]

...

Haha, keep bitching Mirchica, we both know you would do the same fucking thing, but because some Chinese is doing it you're not entitled to call him names on a public forum.

Btw, why would I make and handle 60k units when I could reap the same profits with only 600? Are you mentally challenged?

I found it funny that she felt the need to attack me on this issue.   Guess you should just call me crazy.   

[Nemesis]

Guys, whats there to discuss? This thread isnt worth more than 10 pages.

Dont you see? this batch will be sold out quickly.

Whos buying you asked? Well the batch 1 owners, who have mined over 88BTC so far.

LOL thats how this gonna be.

[MPOE-PR]

If you owned Avalon how much would you charge?

Who do you figure owns Avalon? He who did the work or they who put up the money?

[Minor Miner]

If you owned Avalon how much would you charge?

Who do you figure owns Avalon? He who did the work or they who put up the money?

I have 49 Dell computers and 8 Dell Servers here at my company, I did not find share certificates in the box they were shipped in.   They charged my credit card and received my funds sometimes as much as a month before they sent them.   Let me know where I should apply for my equity in their firm.

[Dalkore]

If you owned Avalon how much would you charge?

Who do you figure owns Avalon? He who did the work or they who put up the money?

Both is the answer, now what is the division of equity?  That is the real question.

[koob]

anyone know shipment costs (as its not included in main price) ?

[Bowjob]

If you guys want a batch 3, buy BTC now and by the time they open up Batch 3, it will cost you a fuckton more if you cover it with USD at the time. Just my BTC 0.02

[Nemesis]

If you guys want a batch 3, buy BTC now and by the time they open up Batch 3, it will cost you a fuckton more if you cover it with USD at the time. Just my BTC 0.02

lol.... OR

Its more like batch1 owners who have been holding BTC from selling will send them to Zhangzing to sell ......

Coins should be cheaper then

[Frankie Delaney]

The best part of the price hike and the current BTC prices are that batch 1 owners are going to be able to make the number of bitcoins required to buy a batch 3 unit in a matter of days, and will likely dominate batch 3 orders, further centralizing hashing power.

[tosku]

anyone know shipment costs (as its not included in main price) ?

2 BTC was mentioned. From experience, shipping an Avalon-sized box weighing in at a couple of kg from China to Europe or the US would cost $100-$150 and take about a week.

[k9quaint]

I propose we continue this thread in Haiku form only

Bitcoin price crashes
Batch 3 people are saddest
It all starts again.

[MPOE-PR]

If you owned Avalon how much would you charge?

Who do you figure owns Avalon? He who did the work or they who put up the money?

I have 49 Dell computers and 8 Dell Servers here at my company, I did not find share certificates in the box they were shipped in.   They charged my credit card and received my funds sometimes as much as a month before they sent them.   Let me know where I should apply for my equity in their firm.

Those Dell computers existed at the time you ordered them.

[ProfMac]

If you owned Avalon how much would you charge?

Who do you figure owns Avalon? He who did the work or they who put up the money?

I have 49 Dell computers and 8 Dell Servers here at my company, I did not find share certificates in the box they were shipped in.   They charged my credit card and received my funds sometimes as much as a month before they sent them.   Let me know where I should apply for my equity in their firm.

Those Dell computers existed at the time you ordered them.

I was looking at books published in Gàidhlig, and there were several pages printed in the back of the subscribers.  These are the people who paid the printing costs of the book before it was printed.

[shmadz]

I propose we continue this thread in Haiku form only

Bitcoins are soaring,

While the bears are all snoring,

Bulls are still roaring!

 

[Vagnavs]

thank you for your insightful  site

[Bowjob]

Avalon ships box
They raise prices by 4 times
Masses starts bitching

[Frankie Delaney]

Avalon ships box
They raise prices by 4 times
Masses starts bitching

Avalon raised price
bitcoiners flip the fuck out
they will still buy it