Bitcoin Forum
May 08, 2024, 11:15:53 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Have you received your refund or unit yet?
Yes - 10 (38.5%)
No - 16 (61.5%)
Total Voters: 26

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 [17] 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 »
  Print  
Author Topic: Avalon batch [3] countdown!  (Read 56583 times)
BitAddict
Legendary
*
Offline Offline

Activity: 1190
Merit: 1001



View Profile
July 18, 2013, 10:03:59 AM
 #321

The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715210153
Hero Member
*
Offline Offline

Posts: 1715210153

View Profile Personal Message (Offline)

Ignore
1715210153
Reply with quote  #2

1715210153
Report to moderator
1715210153
Hero Member
*
Offline Offline

Posts: 1715210153

View Profile Personal Message (Offline)

Ignore
1715210153
Reply with quote  #2

1715210153
Report to moderator
Milan77
Full Member
***
Offline Offline

Activity: 202
Merit: 100



View Profile
July 18, 2013, 12:47:57 PM
 #322

They are busy sending chips Sad
CoinHoarder
Legendary
*
Offline Offline

Activity: 1484
Merit: 1026

In Cryptocoins I Trust


View Profile
July 18, 2013, 01:16:35 PM
 #323

This is what ROI looks like for Avalon batch 3 if we get it in one month:  Cry
Estimated Mining Results
Initial Coins per Day:  1.73001919
Initial Income per Day:  154.96 USD
Reduction per Week:  9.02%
Break-even (at todays difficulty):  60.9 Days
... considering reduction:  NEVER
Yearly Income (at todays difficulty):  46537.95 USD
... considering reduction:  -897.83 USD

If Avalon delays about 24 days more, an Avalon batch 3 will not break even:
Initial Coins per Day:  1.73001919
Initial Income per Day: 154.96 USD
Reduction per Week:   9.02%
Break-even (at todays difficulty):  60.9 Days
... considering reduction:  NEVER
Yearly Income (at todays difficulty): 46537.95 USD
... considering reduction:   USD

So.. Avalon has about a month to get us our orders until they are unprofitable. By the way these numbers are calculated for a 4 module avalon with PSU (90Gh @ 850w @ 104 BTC).  Cry
Wayne_Chang
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250



View Profile
July 18, 2013, 01:42:49 PM
 #324

Shall we open a thread with the title "Avalon fucks us over again"? Embarrassed
cmdbill
Member
**
Offline Offline

Activity: 67
Merit: 10


View Profile
July 18, 2013, 02:17:16 PM
 #325

Well if you asked for a refund all you got was a status changed to refunded and no coins. So maybe you will at least get a few coins back.
Anenome5
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250



View Profile
July 18, 2013, 06:28:23 PM
 #326

This is what ROI looks like for Avalon batch 3 if we get it in one month:  Cry
Estimated Mining Results
Initial Coins per Day:  1.73001919
Initial Income per Day:  154.96 USD
Reduction per Week:  9.02%
Break-even (at todays difficulty):  60.9 Days
... considering reduction:  NEVER
Yearly Income (at todays difficulty):  46537.95 USD
... considering reduction:  -897.83 USD

If Avalon delays about 24 days more, an Avalon batch 3 will not break even:
Initial Coins per Day:  1.73001919
Initial Income per Day: 154.96 USD
Reduction per Week:   9.02%
Break-even (at todays difficulty):  60.9 Days
... considering reduction:  NEVER
Yearly Income (at todays difficulty): 46537.95 USD
... considering reduction:   USD

So.. Avalon has about a month to get us our orders until they are unprofitable. By the way these numbers are calculated for a 4 module avalon with PSU (90Gh @ 850w @ 104 BTC).  Cry
Like I said, the numbers got too skinny for me. But that's where risk management comes in. Bitsyncom offered full refunds to everyone. If you didn't take the refund, now isn't the time to bitch. You made your choice.  Undecided

Democracy is the original 51% attack.
Anenome5
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250



View Profile
July 18, 2013, 06:28:58 PM
 #327

Well if you asked for a refund all you got was a status changed to refunded and no coins. So maybe you will at least get a few coins back.
Not so. I received a full refund.

Democracy is the original 51% attack.
koob
Full Member
***
Offline Offline

Activity: 204
Merit: 100



View Profile
July 18, 2013, 06:30:35 PM
 #328

Bitsyncom offered full refunds to everyone. If you didn't take the refund, now isn't the time to bitch. You made your choice.  Undecided

They also said that shipping begins on monday - didnt happen.
mdbssm
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
July 18, 2013, 06:41:38 PM
 #329

Bitsyncom offered full refunds to everyone. If you didn't take the refund, now isn't the time to bitch. You made your choice.  Undecided

They also said that shipping begins on monday - didnt happen.

Exactly. 3 mo ROI on batch 3 was predicated on receiving machines now, having them up and running prior to the DIY orders.

The information we were given was not accurate. Surprise.
koob
Full Member
***
Offline Offline

Activity: 204
Merit: 100



View Profile
July 18, 2013, 06:43:32 PM
 #330

The information we were given was not accurate. Surprise.

Thing is: we have no clue when they really starts to ship. Not a single information, and its already Friday in China.
jspielberg
Sr. Member
****
Offline Offline

Activity: 490
Merit: 255



View Profile
July 18, 2013, 07:27:34 PM
 #331

The information we were given was not accurate. Surprise.

Thing is: we have no clue when they really starts to ship. Not a single information, and its already Friday in China.

The reason for paying such a premium in March was the cost for an on time shipping of the miner.
The delays and lack of communication is what forced me to request a refund.

I anticipate that the refund processing, miner shipments and chip shipments will resume shortly.  Still the lack of communication is insulting.  Here is a simple sample that can be used:

"Just a quick status on where we are, what is going on, and what is going to happen:
We finished with refund processing.  This refund offer was not anticipated but as a company based on integrity we felt obligated to allow our customers to get fully compensated as they might view the delayed miner as not the product that was originally purchased.  While our terms were clear, the delay was beyond our expectations and these extraordinary measures are appropriate. You should now see "Refunded" in the store, but that is only a status for our record keeping and your payout will happen in the next couple of days.  If you don't see refunded in you account, MAKE A SUPPORT TICKET immediately!  We will not be accepting refund requests after your miner is shipped!

Our current priority now is shipping.  We have been building and testing units while the refund processing has been going on.  While we don't have all, we at least have a good head start and you shouldn't see much of a delay, now that the order DB has been cleaned up.

Thanks for sticking with us during this trying time.  
We need you, appreciate you, and love you, blah blah blah... the good folks at Bitsyncom"

Now... how hard was that?
I am nobody and was able to come up with something coherent in about 10 to 15 minutes.
When we don't receive these communications regularly, it feels like we aren't worth the 10 to 15 minutes of effort, and it makes us very unlikely to open our BTC wallets again in the future.  These machines/chips are not cheap for most of us.

Just some friendly advice.  As the adage goes... "Customers --- ignore them long enough and they will eventually go away."
ProfMac
Legendary
*
Offline Offline

Activity: 1246
Merit: 1001



View Profile
July 18, 2013, 09:17:07 PM
 #332

Well if you asked for a refund all you got was a status changed to refunded and no coins. So maybe you will at least get a few coins back.
Not so. I received a full refund.

What is the input address?

I try to be respectful and informed.
ProfMac
Legendary
*
Offline Offline

Activity: 1246
Merit: 1001



View Profile
July 18, 2013, 09:20:43 PM
 #333

Bitsyncom offered full refunds to everyone. If you didn't take the refund, now isn't the time to bitch. You made your choice.  Undecided

They also said that shipping begins on monday - didnt happen.

I don't think you have evidence of that.  Such evidence could be, for example, a photograph with GPS info of them sitting in Beijing.

What we do have is "lack of shipping documentation."


I try to be respectful and informed.
koob
Full Member
***
Offline Offline

Activity: 204
Merit: 100



View Profile
July 18, 2013, 09:30:29 PM
 #334

I don't think you have evidence of that.  Such evidence could be, for example, a photograph with GPS info of them sitting in Beijing.
What we do have is "lack of shipping documentation."

Thorse are my evidences:
- noone from #3 received tracking number yet
- refunds was handled in store yesterday (of course they could handle it outside store before Monday but it would just double their work)
- #2 had pretty fast deliver (2-3 days to US ?) so with Monday shipping they should be already delivered and we should see some reports here

Obviously I dont have photo with GPS from Beijing, but with those evidences I can almost certainly assume that shipping didnt happen.
Still I hope im just wrong.
ProfMac
Legendary
*
Offline Offline

Activity: 1246
Merit: 1001



View Profile
July 18, 2013, 09:46:38 PM
 #335

I don't think you have evidence of that.  Such evidence could be, for example, a photograph with GPS info of them sitting in Beijing.
What we do have is "lack of shipping documentation."

Thorse are my evidences:
- noone from #3 received tracking number yet
- refunds was handled in store yesterday (of course they could handle it outside store before Monday but it would just double their work)
- #2 had pretty fast deliver (2-3 days to US ?) so with Monday shipping they should be already delivered and we should see some reports here

Obviously I dont have photo with GPS from Beijing, but with those evidences I can almost certainly assume that shipping didnt happen.
Still I hope im just wrong.

I suspect that you are correct that they were not shipped Monday, but nonetheless, you have inference, not evidence.


I try to be respectful and informed.
af_newbie
Legendary
*
Offline Offline

Activity: 2688
Merit: 1468



View Profile WWW
July 18, 2013, 09:54:09 PM
 #336

I suspect that you are correct that they were not shipped Monday, but nonetheless, you have inference, not evidence.

And you have, well, wishful thinking.  Don't be afraid to say what needs to be said.

Some B1 did not ship.
Some B2 did not ship.
None of trade-ins got shipped
None of B3 got shipped.
Some of B3 refunds did not get processed despite the order status having changed to "refunded".

You have no evidence that they started shipping b3.  So it did not happen. Period.  End of discussion.



ProfMac
Legendary
*
Offline Offline

Activity: 1246
Merit: 1001



View Profile
July 18, 2013, 10:03:04 PM
 #337

I suspect that you are correct that they were not shipped Monday, but nonetheless, you have inference, not evidence.

And you have, well, wishful thinking.  Don't be afraid to say what needs to be said.

Some B1 did not ship.
Some B2 did not ship.
None of trade-ins got shipped
None of B3 got shipped.
Some of B3 refunds did not get processed despite the order status having changed to "refunded".

You have no evidence that they started shipping b3.  So it did not happen. Period.  End of discussion.




I never claimed they shipped, and I agree that I have no evidence that they did.
You do have a pattern of behavior that corroborates the possibility that they did not.
I can think of a reasonable workflow, to wit, that they will finish the refund process first, that corroborates the possibility that they did not.

Nonetheless, no matter how many times you repeat it, you do not have evidence that they did not.


I try to be respectful and informed.
koob
Full Member
***
Offline Offline

Activity: 204
Merit: 100



View Profile
July 18, 2013, 10:06:19 PM
 #338

I suspect that you are correct that they were not shipped Monday, but nonetheless, you have inference, not evidence.

Im not a native english speaker. But you understood what I meant.
mdbssm
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
July 18, 2013, 10:12:55 PM
 #339

I don't think you have evidence of that.  Such evidence could be, for example, a photograph with GPS info of them sitting in Beijing.
What we do have is "lack of shipping documentation."

Thorse are my evidences:
- noone from #3 received tracking number yet
- refunds was handled in store yesterday (of course they could handle it outside store before Monday but it would just double their work)
- #2 had pretty fast deliver (2-3 days to US ?) so with Monday shipping they should be already delivered and we should see some reports here

Obviously I dont have photo with GPS from Beijing, but with those evidences I can almost certainly assume that shipping didnt happen.
Still I hope im just wrong.

I suspect that you are correct that they were not shipped Monday, but nonetheless, you have inference, not evidence.


Positive, in a scientific kind of way. Hopefully we will have *evidence* soon ;-)
koob
Full Member
***
Offline Offline

Activity: 204
Merit: 100



View Profile
July 18, 2013, 10:19:42 PM
 #340

You have no evidence that they started shipping b3.

you do not have evidence that they did not.

Seems like we have Schrödingers Cat here Wink
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 [17] 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!