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Author Topic: [Group Buy] Avalon ASICs Batch #4 (Planning)  (Read 12740 times)
ragingazn628
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April 11, 2013, 10:28:14 AM
 #21

People who are interested:
  • 17 BTC - Me
  • 10 BTC - rttnpig
  • 1  BTC -Luckybit
  • 5 BTC - dmo580
  • 2 BTC - dazzle
  • 2 BTC - rammy2k2
  • 40 BTC - Rallye
  • 2 BTC - haaning

Currently have enough for at least 1 Avalon! Going for 2 now!

Total:
79/75 BTC
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computerparts
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April 11, 2013, 10:43:38 PM
 #22

Read this before even thinking about sending this guy anything.

http://hardforum.com/showthread.php?t=1684647

Quote
Originally Posted by Siriusmuzik View Post
Originally contacted him around 4 weeks ago, right off the bat we agreed to a trade for my video card for his + $100 on my end. He agreed to ship first because of his negative feedback and multiple heatware accounts. He was supposed to ship so many times, and kept stalling, finally I asked him has it shipped yet (he already had my address), and his reply was that he wasn't comfortable shipping first even though we already agreed to that at the very start. He's a shady person, dishonest, and manipulative and hope he doesn't get another sale here. Many of you might not think its a big deal, but he kept leading me to believe this trade will 100% happen, and it held me up quite a while. I told him blatantly that if he doesn't want to do the trade, let me know so I can sell the card separately and buy the card I was trading for. He assured me this deal was going to happen.

previous heatware:
http://www.heatware.com/eval.php?id=78739

http://heatware.com/eval.php?id=77909


current heatware:
http://www.heatware.com/eval.php?id=79046


Here is a previous troll thread on him:

http://hardforum.com/showthread.php?t=1660014

edit -

Doesn't heatware have a policy for opening up so many accounts?

He probably uses many other aliases as well.
CoinHoarder
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April 11, 2013, 11:30:39 PM
 #23

that OP looks quite familiar.

I wish people wouldn't copy me word for word like that...

I know, it was a good idea.  Wink

But still... I hope no one got scammed...

My thread: https://bitcointalk.org/index.php?topic=157930.0

https://bitcointalk.org/index.php?topic=157975.0
https://bitcointalk.org/index.php?topic=158995.0
https://bitcointalk.org/index.php?topic=158799.new
https://bitcointalk.org/index.php?topic=158033.0

EDIT: No offense ragingazn628, I was not calling you a scammer, more annoyed you kind of copied my post. Everyone should do their own due diligence when investing with forum members.

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April 12, 2013, 12:20:36 AM
 #24

I thought the name looked familiar but wasn't sure.  I do frequent Anandtech and HardForums.  Yeah I would just shut the thread down at this point.

BTC: 1AMfUrM37cCHcAvyYGx9bsJWjt6rdCu7sj
ETH: 0x427f41c3a6b79ca643210195a33cdbaa714177aa
ragingazn628
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April 12, 2013, 02:56:07 AM
 #25

Read this before even thinking about sending this guy anything.

http://hardforum.com/showthread.php?t=1684647

Quote
Originally Posted by Siriusmuzik View Post
Originally contacted him around 4 weeks ago, right off the bat we agreed to a trade for my video card for his + $100 on my end. He agreed to ship first because of his negative feedback and multiple heatware accounts. He was supposed to ship so many times, and kept stalling, finally I asked him has it shipped yet (he already had my address), and his reply was that he wasn't comfortable shipping first even though we already agreed to that at the very start. He's a shady person, dishonest, and manipulative and hope he doesn't get another sale here. Many of you might not think its a big deal, but he kept leading me to believe this trade will 100% happen, and it held me up quite a while. I told him blatantly that if he doesn't want to do the trade, let me know so I can sell the card separately and buy the card I was trading for. He assured me this deal was going to happen.

previous heatware:
http://www.heatware.com/eval.php?id=78739

http://heatware.com/eval.php?id=77909


current heatware:
http://www.heatware.com/eval.php?id=79046


Here is a previous troll thread on him:

http://hardforum.com/showthread.php?t=1660014

edit -

Doesn't heatware have a policy for opening up so many accounts?

He probably uses many other aliases as well.

No harm was done. I didn't scam anyone. It was a miscomunication. Everything was fixed. I've got nothing to hide Smiley
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April 12, 2013, 06:31:17 PM
 #26

How can you be expected to host a group buy when you're not sure how to check a wallet?

https://bitcointalk.org/index.php?topic=173502.0

Don't bite off more than you can chew.  You never know what some of the forum members will do if you piss them off  Shocked

BTC: 1AMfUrM37cCHcAvyYGx9bsJWjt6rdCu7sj
ETH: 0x427f41c3a6b79ca643210195a33cdbaa714177aa
ragingazn628
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April 13, 2013, 01:22:18 AM
 #27

How can you be expected to host a group buy when you're not sure how to check a wallet?

https://bitcointalk.org/index.php?topic=173502.0

Don't bite off more than you can chew.  You never know what some of the forum members will do if you piss them off  Shocked

I've been using blockchain all this time.

I'll be sure not to piss anyone off Wink
GodfatherBond
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April 14, 2013, 11:20:41 PM
 #28

Nice plan, but would be better to wait and see what Avalon does - as Darklore said - there will not be Avalon Batch #4 and that info is directly from Avalon.
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April 15, 2013, 02:37:49 AM
 #29

Seems by now, Avalon miners are having a large percentage of whole computation power. If still no other competitior jump in, it will be highly possibility that they will not produce batch #4.
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April 15, 2013, 03:55:07 AM
 #30

I'm in 40 btc if this is going to be released
segfault88
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April 15, 2013, 05:21:04 AM
 #31

Why would they stop making them? They have the production lines etc. paid for - they might as well keep making them as long as there are people willing to pay. They might have to reduce the price per unit a bit or something in the future, due to the lower return as the difficulty continues to ramp up or if we get new competition (hopefully!).

IMO the only thing would be is if they decided to stop production for a while to build a second generation - like a different technology node for the ASICs or tweaks for speed or power improvements. But if anything they can work on that concurrently while continuing to ship.
Bitsaurus
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April 15, 2013, 08:41:17 AM
 #32

You do know there's not too many people working there right?  I'm sure everybody there is doing 2 or 3 jobs unlike BFL where they're doing 0.2 or 0.3 jobs per person   Wink
ragingazn628
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April 16, 2013, 02:45:20 AM
 #33

People who are interested:
  • 17 BTC - Me
  • 10 BTC - rttnpig
  • 1  BTC -Luckybit
  • 5 BTC - dmo580
  • 2 BTC - dazzle
  • 2 BTC - rammy2k2
  • 40 BTC - Rallye
  • 2 BTC - haaning

Currently have enough for at least 1 Avalon! Going for 2 now!

Total:
79/75 BTC
CoinHoarder
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April 16, 2013, 03:17:44 AM
 #34

Let me give you a couple pointers of things I learned in the aftermath of my group buy.

1. Lay out your terms as specifically as possible
 - How long will you host the devices?
 - What happens when they become unprofitable?
 - Can people transfer interest and what rules are there for this? (I advise against this.. it makes a huge accounting mess as I am learning.)
 - Make sure everyone knows you are not and will not guarantee any profits and each person is investing at their own risk, and that by sending you money to order the Avalons they already understand this.
 - Will you merge mine any coins? which ones?
 - Will you go solo? overclocking?
 - Which pool will you use? (if you do)

2. Go ahead and make some forums somewhere so you can keep everybody up to date and everything organized. Have users PM you on bitcointalk their email they register on the forums with, so that you can verify their identity. Only allow the verified group posting privileges, otherwise spam bots show up.

3. If any extra expenses are required, let it be known (rent/power conditioners/240v PDUs/C13 to C14 cables/electricity to run the A/C, etc).

4. You can use https://github.com/csjones/sharebitcoins to make dividend payments easily.

Just really make sure to think through your terms before collecting money. Also, from experience I think 3% is too low a percentage. I wish I had charged more because it takes a lot of time and effort to manage 87+ investors. Also, you will receive your units much later than I will and difficulty will be higher. Do not get locked into doing this for a penny per month, because you will hate it.

Good luck!

Peleus
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April 16, 2013, 03:32:59 AM
 #35

^^^ Words of wisdom.
geopolisch
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April 28, 2013, 03:50:12 PM
 #36

I'm interested in this but my BTC count is pretty low now, so I'm in with 2 BTC, if that's ok
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April 28, 2013, 04:26:29 PM
 #37

I'm interested in this but my BTC count is pretty low now, so I'm in with 2 BTC, if that's ok

It seems like Avalon might not make a Batch 4.

I think them selling chips in bulk is their way of saying that they;re not going to do a Batch 4.

relm9
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April 28, 2013, 05:30:49 PM
 #38

I'm interested in this but my BTC count is pretty low now, so I'm in with 2 BTC, if that's ok

It seems like Avalon might not make a Batch 4.

I think them selling chips in bulk is their way of saying that they;re not going to do a Batch 4.

Agreed. I think that was the plan all along, to bulk sell chips. Avalon doesn't seem too interested in dealing with end-users.
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April 28, 2013, 08:21:49 PM
 #39

If they do make batch 4. I am in for 10btc

Stark-Fujikawa
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May 03, 2013, 11:43:04 PM
 #40

I'm down for 4 btc.

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