ASICMiner USB group buy- orders closed, pay for extra!

[DebitMe]

If I counted that right we need 54 more units paid for before we can submit the order.

Does anyone want to put up for those?  (i.e. you pay and if the other person comes through before the deadline then you get your money back, otherwise you get the extra unit?)

I would be up for a couple, but will need more support from others.

[mdude77]

If I counted that right we need 54 more units paid for before we can submit the order.

Does anyone want to put up for those?  (i.e. you pay and if the other person comes through before the deadline then you get your money back, otherwise you get the extra unit?)

I would be up for a couple, but will need more support from others.

I missed the original order.  I'll buy two if two free up.

M

[aspeer]

If I counted that right we need 54 more units paid for before we can submit the order.

Does anyone want to put up for those?  (i.e. you pay and if the other person comes through before the deadline then you get your money back, otherwise you get the extra unit?)

I would be up for a couple, but will need more support from others.

The order is already covered as far as min quantity goes so no need.

[DebitMe]

If I counted that right we need 54 more units paid for before we can submit the order.

Does anyone want to put up for those?  (i.e. you pay and if the other person comes through before the deadline then you get your money back, otherwise you get the extra unit?)

I would be up for a couple, but will need more support from others.

The order is already covered as far as min quantity goes so no need.

I know its covered for min quantity, but if we want to submit order today, then we need payment for the 54 units that have not been paid for (nothing to do with the 300 mark).  I was asking if anyone wanted to say they would cover those units until the others paid so that we could get the order in.

[aspeer]

If I counted that right we need 54 more units paid for before we can submit the order.

Does anyone want to put up for those?  (i.e. you pay and if the other person comes through before the deadline then you get your money back, otherwise you get the extra unit?)

I would be up for a couple, but will need more support from others.

The order is already covered as far as min quantity goes so no need.

I know its covered for min quantity, but if we want to submit order today, then we need payment for the 54 units that have not been paid for (nothing to do with the 300 mark).  I was asking if anyone wanted to say they would cover those units until the others paid so that we could get the order in.

no one has heard back from friedcat anyway so there's no reason to rush anything at this point.

[muyuu]

Right now the payments of 376 units have been fulfilled.

Maybe Friedcat is considering a price cut  

[Klestin]

I know its covered for min quantity, but if we want to submit order today, then we need payment for the 54 units that have not been paid for (nothing to do with the 300 mark).  I was asking if anyone wanted to say they would cover those units until the others paid so that we could get the order in.

If the stragglers become a holdup, I'd be willing to assist.

[neil_mccauley]

Right now the payments of 376 units have been fulfilled.

Maybe Friedcat is considering a price cut  

Selling 376 with a minimum order quantity of 300, why would there be a price cut?  If anything the next batch may have a slight increase.  The free market and Supply and Demand in effect here.

[Klestin]

Selling 376 with a minimum order quantity of 300, why would there be a price cut?  If anything the next batch may have a slight increase.  The free market and Supply and Demand in effect here.

The first batch is 10,000 units, so if they don't feel they'll sell the whole batch quickly enough, a price cut might be in order. Hey, we can dream, right?

[muyuu]

Right now the payments of 376 units have been fulfilled.

Maybe Friedcat is considering a price cut  

Selling 376 with a minimum order quantity of 300, why would there be a price cut?  If anything the next batch may have a slight increase.  The free market and Supply and Demand in effect here.

Because he committed to keep the same price for the whole 10000 unit batch. They will struggle to sell all these units at this price. Not even 1k orders have been closed in the forum and that's through group buy without minimum orders.

[Adrian-x]

Thanks great Job everyone well done to the organisers and escrow, stage 1 of 3 complete.

Keeping the order books open while we wait for payment we don't need to process the order will be costing the group over 5BTC a day. That can't be recouped once the difficulty changes. So processing the order book as soon as possible, is in the best interest of the paid group. (It is wrong to take earnings away from those who have paid so those who haven't paid can benefit.)   

The profitability of this little USB unit is about 0.015BTC per day.  (see http://www.bitcoinx.com/profit/ ) This will last until the next bunch of Asics is released in the coming months.

Given the 0.015BTC profitability will diminish fast, every day is important in recouping costs.  There are many reasons for delays, I would encourage you to get your order finalised and in the queue ASAP, so we can eliminate at least 1 reason, by all means start the process again and do another order, but let's get this order on the go. 

[tvbcof]

Selling 376 with a minimum order quantity of 300, why would there be a price cut?  If anything the next batch may have a slight increase.  The free market and Supply and Demand in effect here.

The first batch is 10,000 units, so if they don't feel they'll sell the whole batch quickly enough, a price cut might be in order. Hey, we can dream, right?

A fascinating thing I leaned in one course somewhere along the line is that manufacturing costs play no part in retail or wholesale pricing.  They are a sunk cost by that time.  It's so counter-intuitive that it stuck in my memory.

Most of us probably realize that in a matter of months $200+ will be an absurdly high price for something like these little sticks, and especially the mere 300MH/sec.

The people on this thread are the 'tip of the spear' when it comes to future activity in this space.  It actually could be a good business decision to make us feel that we got a 'break' from ASICMINER so I would not rule it out.

This being 'group buy' and not a 'retail' effort it is possible that ~arklan would pass along the fruits of such a thing to us participants.

[arklan]

if there were a change in price at this stage, yea. i'm sure john and i could arrange to pass the savings back. but i doubt it'll happen.

[oaxaca]

To everyone who wants to add your name to this order, go here:

https://bitcointalk.org/index.php?topic=195647.0

This Group Buy Is CLOSED!

[Xian01]

To everyone who wants to add your name to this order, go here:
https://bitcointalk.org/index.php?topic=195647.0
This group Buy Is CLOSED!

 Amen.

[mdude77]

To everyone who wants to add your name to this order, go here:

https://bitcointalk.org/index.php?topic=195647.0

This group Buy Is CLOSED!

I hear you.  But if someone doesn't pay up.. I'd be happy to take their spot (for 2).

M

[oaxaca]

I hear you.  But if someone doesn't pay up.. I'd be happy to take their spot (for 2).

M

If somebody doesn't pay up, their spot disappears.  We already have the minimum in escrow.  Canary will be VERY happy to include you in the other group buy.

https://bitcointalk.org/index.php?topic=195647.0

[bigbeninlondon]

I hear you.  But if someone doesn't pay up.. I'd be happy to take their spot (for 2).

M

If somebody doesn't pay up, their spot disappears.  We already have the minimum in escrow.  Canary will be VERY happy to include you in the other group buy.

https://bitcointalk.org/index.php?topic=195647.0

Cutoff for payment is less than 7 days now right?  We down to what?  Six?  Do we have a counter or something?  I like counters.

[aspeer]

I hear you.  But if someone doesn't pay up.. I'd be happy to take their spot (for 2).

M

If somebody doesn't pay up, their spot disappears.  We already have the minimum in escrow.  Canary will be VERY happy to include you in the other group buy.

https://bitcointalk.org/index.php?topic=195647.0

Cutoff for payment is less than 7 days now right?  We down to what?  Six?  Do we have a counter or something?  I like counters.

Get those monies in!

i dont really know when the deadline is but just everyone hurry up lol

--edited to remove time as someone mistook the joke for an order timer.

[Rant2112]

Keeping the order books open while we wait for payment we don't need to process the order will be costing the group over 5BTC a day.

This assumes that payment time to receipt of the miners is constant.  There's been no indication of that that I've seen.