Eyedol-X
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May 02, 2017, 08:13:43 PM |
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Truth be told , trying to organize this before Friday is difficult if not impossible. But you never know if someone wants to buy a bunch then it could happen.
Yeah I see that as a challenge for any of these types of GB
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kilo17 (OP)
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Merit: 1001
aka "whocares"
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May 02, 2017, 08:19:57 PM |
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I guess BTC could be used but not sure how to handle the second 50%-
I have messaged philipma about providing escrow. If he accepts to escrow the payment arrangements can be per his request.
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Bitcoin Will Only Succeed If The Community That Supports It Gets Support - Support Home Miners & Mining
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Eyedol-X
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May 02, 2017, 08:23:41 PM |
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I guess BTC could be used but not sure how to handle the second 50%-
I suppose this would be up to what payment methods that the manufacturer supports and the person doing escrow is willing to handle. If the person doing escrow can't do wire transfer that would rule them out.
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usao
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Activity: 1109
Merit: 1000
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May 02, 2017, 08:24:20 PM |
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Where is your data center located?
Do you know individual shipping weight of each miner?
There are 3 people in our group with data centers. 1 is in Texas, 1 is in Arizona and 1 is in Missouri Arizona? Where? Im in Phoenix.
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IOTUSA
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May 02, 2017, 08:24:28 PM |
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I guess BTC could be used but not sure how to handle the second 50%-
Only way would be to liquidate the BTC @ market price instantly on receipt OR send 100% of payment up-front to iBelink for them to liquidate. 'Playing the market' with $500k (Leaving it in Crypto, while purchasing a fiat denominated product) makes it something different entirely.
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adnanelgalla
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May 02, 2017, 08:28:12 PM |
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3 units for me
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kilo17 (OP)
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aka "whocares"
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May 02, 2017, 08:28:25 PM Last edit: May 04, 2017, 12:20:13 AM by mprep |
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I guess BTC could be used but not sure how to handle the second 50%-
I suppose this would be up to what payment methods that the manufacturer supports and the person doing escrow is willing to handle. If the person doing escrow can't do wire transfer that would rule them out. Correct, also all the buyers need to be protected from fluctuations in crypto as pointed out. That is why I suggest Wire but ultimately escrow can make that decision with the community if this comes together.
3 units for me
added to the list
I want to be 100% transparent. As per the OP I have offered philipma1957 $100/unit or $5000 to do the escrow service for this deal. If he accepts he will post here himself. DO NOT SEND ANY MONEY OR BITCOIN TO ME OR ANYONE ELSE. If you receive any correspondence asking for money it is a scammer
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Bitcoin Will Only Succeed If The Community That Supports It Gets Support - Support Home Miners & Mining
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usao
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May 02, 2017, 08:32:48 PM |
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I guess BTC could be used but not sure how to handle the second 50%-
I suppose this would be up to what payment methods that the manufacturer supports and the person doing escrow is willing to handle. If the person doing escrow can't do wire transfer that would rule them out. Correct, also all the buyers need to be protected from fluctuations in crypto as pointed out. That is why I suggest Wire but ultimately escrow can make that decision with the community if this comes together. Prefer Wire, as I don't have 4 BTC handy currently. Localbitcoins takes a while to convert... Would need some advance warning if I had to do BTC by Friday... I might be able to swing 2 rigs though, wife will kill me, but if I can get ROI fairly quickly, perhaps I will be out of the doghouse...
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Eyedol-X
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May 02, 2017, 08:39:51 PM |
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What kind of contingency do we have here if we get to 50 and then one guy at the last minute has an issue with the wire transfer and we end up at 47?
Would the deal then be dead?
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Longsnowsm
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May 02, 2017, 08:41:36 PM |
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USAO, if the wife kills you then make sure to setup a deadman switch so that your system emails the forum so we know that your dead with an address so we can come to your funeral... Do you want us to bury you in the boxes the iBelink shipped in? Or do you have a preference? LOL
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usao
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May 02, 2017, 08:41:57 PM |
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What kind of contingency do we have here if we get to 50 and then one guy at the last minute has an issue with the wire transfer and we end up at 47?
Would the deal then be dead?
Just guessing here, but my bet is that we have over 50, and there will have to be a queue of buyers for any rigs which don't get paid for from the first-50. They will have to jump in quickly to fill any gaps. Perhaps an spreadsheet with the 50 slots filled in the the same order as paid? Refund anyone who's on the outside looking in? IDK...
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usao
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May 02, 2017, 08:42:41 PM |
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USAO, if the wife kills you then make sure to setup a deadman switch so that your system emails the forum so we know that your dead with an address so we can come to your funeral... Do you want us to bury you in the boxes the iBelink shipped in? Or do you have a preference? LOL
Hey, 10+ Grand is no laughing matter.
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Longsnowsm
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May 02, 2017, 08:47:15 PM |
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USAO, if the wife kills you then make sure to setup a deadman switch so that your system emails the forum so we know that your dead with an address so we can come to your funeral... Do you want us to bury you in the boxes the iBelink shipped in? Or do you have a preference? LOL
Hey, 10+ Grand is no laughing matter. LOL, I know it's not, but you have to admit it is pretty funny... This is why I try to keep dangerous objects out of the reach of the spousal unit!
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kilo17 (OP)
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Activity: 980
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aka "whocares"
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May 02, 2017, 08:47:24 PM |
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What kind of contingency do we have here if we get to 50 and then one guy at the last minute has an issue with the wire transfer and we end up at 47?
Would the deal then be dead?
No, I am sure we would step up and buy the extra couple. No way would we let it go for 3 units or whatever
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Bitcoin Will Only Succeed If The Community That Supports It Gets Support - Support Home Miners & Mining
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Eyedol-X
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May 02, 2017, 08:53:18 PM |
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What kind of contingency do we have here if we get to 50 and then one guy at the last minute has an issue with the wire transfer and we end up at 47?
Would the deal then be dead?
No, I am sure we would step up and buy the extra couple. No way would we let it go for 3 units or whatever Well here are the phases I see. Phase 1 -- we have to identify a willing escrow account holder who can manage wire transfers. I don't know how many out there willing to escrow $285K in USD in a bank account somewhere. That shit could throw all kinds of IRS flags later on not to mention be an epic test of the escrow account holders trustworthiness Phase 2 -- Identify 50 people to make the purchase Phase 3 -- Get those 50 people to pay the escrow account holder on time, this means they'd have to make their payments by Thursday to clear by Friday most likely Phase 4 -- Escrow account holder pays $125k to the manufacturer on Friday, sits on the rest until shipment. I don't know about you but I think the biggest hinge here is the escrow account holder. Second being payment on time.
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joarcofa
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May 02, 2017, 09:01:23 PM |
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Hi Kilo, 1 unit fo me
Thks
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Tai_Pan
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May 02, 2017, 09:15:27 PM |
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Please let me know some details:
-what escrow service -how much to pay -how / where to provide proof of payment from the escrow and so on. -when will they be shipped -how much is the shipping usa-usa or how / where to estimate
and so on ?!?
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usao
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May 02, 2017, 09:17:49 PM |
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Please let me know some details:
-what escrow service -how much to pay -how / where to provide proof of payment from the escrow and so on. -when will they be shipped -how much is the shipping usa-usa or how / where to estimate
and so on ?!?
Much of this was dealt with in the OP. Escrow: TBD Cost: OP Timeline: OP Shipping: OP
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Tai_Pan
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May 02, 2017, 09:22:55 PM |
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Please let me know some details:
-what escrow service -how much to pay -how / where to provide proof of payment from the escrow and so on. -when will they be shipped -how much is the shipping usa-usa or how / where to estimate
and so on ?!?
Much of this was dealt with in the OP. Escrow: TBD Cost: OP Timeline: OP Shipping: OP That doesn't really answers any of my questions Well hell, I want 1 piece of that gorgeous iBelink ass P.S. Please provide further instructions when it's the case.Thank you
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kilo17 (OP)
Legendary
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Activity: 980
Merit: 1001
aka "whocares"
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May 02, 2017, 09:26:09 PM |
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Please let me know some details:
-what escrow service -how much to pay -how / where to provide proof of payment from the escrow and so on. -when will they be shipped -how much is the shipping usa-usa or how / where to estimate
and so on ?!?
I will post all the specifics tonight. I am tied up for a few hours. This deal will only work with a Verified Trustworthy Escrow like philipma1957. Most people know him on the forum and he has impeccable qualifications. List of buyers updated
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Bitcoin Will Only Succeed If The Community That Supports It Gets Support - Support Home Miners & Mining
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