[AVALON ASIC 72GH/S] 25 OUT OF 35 MACHINES SOLD. 10 REMAINS.

[darklight]

Xian, Thank you for your interest. In this case, you can see that I have personally ordered 10,000 Avalon Chips already, I have posted pictures of the proof.

Haha, the pictures don't prove anything. Anyone with a bit of coding skill could have just downloaded the source and faked that screen

[kendog77]

I want to believe.

If you are serious about taking pre-orders, I might suggest doing an escrow with JohnK. I'd happily buy one of these units, but only pay for it once it ships - meaning, JohnK would release the funds upon shipping. You guys don't ship in a reasonable amount of time, JohnK could refund our BTC, minus escrow fees.

Pre-orders in Bitcoin space have left a particularly foul taste in my mouth, unfortunately

Wish you well with this project.

Xian, Thank you for your interest. In this case, you can see that I have personally ordered 10,000 Avalon Chips already, I have posted pictures of the proof. If I hope you understand that if I didn't have the abilities to put this together, I wouldn't put up 100k of my own money to do this.

As far as delivery that is up to Avalon, my estimated date is based off of what they have suggested for a Delivery date.

If you have more questions please ask.

Everyone knows Avalon is legit and will deliver, so the 100k you put up is much less risky than the 10k you are asking others to give you, so why not just use escrow? 10k is a lot of money, so it's unreasonable to expect others to give you that much BTC now on a promise that you may or may not be able to keep.

Worse case for you, you get the chips from Avalon and resell them if you're not able to turn them into a working miner. Worse case for your buyers (without escrow) is that they lose all their BTC and get nothing...

Buyers have no recourse or protection without escrow, and you are an anonymous stranger on the internet.

[BTCBuyer]

Everyone knows Avalon is legit and will deliver, so the 100k you put up is much less risky than the 10k you are asking others to give you, so why not just use escrow? 10k is a lot of money, so it's unreasonable to expect others to give you that much BTC now on a promise that you may or may not be able to keep.

Worse case for you, you get the chips from Avalon and resell them if you're not able to turn them into a working miner. Worse case for your buyers (without escrow) is that they lose all their BTC and get nothing...

Buyers have no recourse or protection without escrow, and you are an anonymous stranger on the internet.

Hello Kendog77,

Everyone has to start somewhere. In our view, it is easy to look back in hindsight and say Avalon is "legit", at one point they took orders on pre-orders as well, without any track record, and for 75BTC per machine. Those who went with them were rewarded handsomely, and we simply offering the same.

For us, it is not inventing the wheel to mount chips onto pre-assembled boards. With our mechanical engineering background, we can follow Open Source to accomplish our project.

We are not accepting escrow for the same reason why all the big Players are not accepting escrow. This business is built on trust and faith, if you do not trust us, simply do not do business with us. But please do not accuse us of any wrongdoing before you have given us a chance to show you our work.

We welcome all those who would like to be a part of our Asic mining family.

BTCbuyer Team.

[kendog77]

I want to believe.

If you are serious about taking pre-orders, I might suggest doing an escrow with JohnK. I'd happily buy one of these units, but only pay for it once it ships - meaning, JohnK would release the funds upon shipping. You guys don't ship in a reasonable amount of time, JohnK could refund our BTC, minus escrow fees.

Pre-orders in Bitcoin space have left a particularly foul taste in my mouth, unfortunately

Wish you well with this project.

Xian, Thank you for your interest. In this case, you can see that I have personally ordered 10,000 Avalon Chips already, I have posted pictures of the proof. If I hope you understand that if I didn't have the abilities to put this together, I wouldn't put up 100k of my own money to do this.

As far as delivery that is up to Avalon, my estimated date is based off of what they have suggested for a Delivery date.

If you have more questions please ask.

Everyone knows Avalon is legit and will deliver, so the 100k you put up is much less risky than the 10k you are asking others to give you, so why not just use escrow? 10k is a lot of money, so it's unreasonable to expect others to give you that much BTC now on a promise that you may or may not be able to keep.

Worse case for you, you get the chips from Avalon and resell them if you're not able to turn them into a working miner. Worse case for your buyers (without escrow) is that they lose all their BTC and get nothing...

Buyers have no recourse or protection without escrow, and you are an anonymous stranger on the internet.

Everyone has to start somewhere, it's easy to look back in hindsight and say Avalon is "legit", at one point they took orders on pre-orders as well, without any track record, and for 75BTC per machine. Those who went with them were rewarded handsomely, and I'm simply offering the same thing.

It's not that big of a deal to mount chips onto pre-assembled boards, anyone with a mechanical engineering background and can follow Open Source schematics can do it. I am not accepting escrow for the same reason why all the big Players aren't accepting escrow, this business is built on trust and faith, if you don't trust me, simply don't do business with me.

For those of you who wants to join the Asic family, I welcome you, and you will be rewarded handsomely.

There are a couple of differences that I will note:

1.) Avalon only charged $1299 for batch 1 because they were not established at the time. Less established companies have to offer their products for a cheaper price to make up for added risk for the buyer.

2.) With difficulty going up so rapidly, timing is everything. An Avalon clone might not be worth 75BTC if it won't be delivered until the end of the year. Will you offer buyers a refund if you don't deliver by a certain date? I suspect ASICMiner will be forced to reduce the price of their USB miners and blades soon due to rising difficulty.

[BTCBuyer]

Kendog77,

1. They were able to charge 1299 due to the fact that they manufacture these chips, to get people to believe in ASICs, their chips are proven now, and I am sourcing the chips from them, my pricing is firm, if you are not okay with that, you can pay 50BTC for a 10Gh/s (13 if you over clock Blade from ASICMiner)

2. I do not control the difficulty, this is your job as a buyer to make your own decision. My guarantee is that it takes us 10 days to assemble the machines, and ship them out. I do not control when Avalon ships, however their Terms of Service clearly states between 9-10 weeks lead time.


BTCbuyer Team.

[kevcoins]

Really hope you will accept Escrow to protect the buyers and only accept partial payments until the Chips has arrived.

[seleme]

I like how he avoids the word escrow like he'd get a flu from it.

[Chrstian]

I want to believe.

If you are serious about taking pre-orders, I might suggest doing an escrow with JohnK. I'd happily buy one of these units, but only pay for it once it ships - meaning, JohnK would release the funds upon shipping. You guys don't ship in a reasonable amount of time, JohnK could refund our BTC, minus escrow fees.

Pre-orders in Bitcoin space have left a particularly foul taste in my mouth, unfortunately

Wish you well with this project.

Xian, Thank you for your interest. In this case, you can see that I have personally ordered 10,000 Avalon Chips already, I have posted pictures of the proof. If I hope you understand that if I didn't have the abilities to put this together, I wouldn't put up 100k of my own money to do this.

As far as delivery that is up to Avalon, my estimated date is based off of what they have suggested for a Delivery date.

If you have more questions please ask.

Everyone knows Avalon is legit and will deliver, so the 100k you put up is much less risky than the 10k you are asking others to give you, so why not just use escrow? 10k is a lot of money, so it's unreasonable to expect others to give you that much BTC now on a promise that you may or may not be able to keep.

Worse case for you, you get the chips from Avalon and resell them if you're not able to turn them into a working miner. Worse case for your buyers (without escrow) is that they lose all their BTC and get nothing...

Buyers have no recourse or protection without escrow, and you are an anonymous stranger on the internet.

Everyone has to start somewhere, it's easy to look back in hindsight and say Avalon is "legit", at one point they took orders on pre-orders as well, without any track record, and for 75BTC per machine. Those who went with them were rewarded handsomely, and I'm simply offering the same thing.

It's not that big of a deal to mount chips onto pre-assembled boards, anyone with a mechanical engineering background and can follow Open Source schematics can do it. I am not accepting escrow for the same reason why all the big Players aren't accepting escrow, this business is built on trust and faith, if you don't trust me, simply don't do business with me.

For those of you who wants to join the Asic family, I welcome you, and you will be rewarded handsomely.

An unwillingness to accept escrow is a huge red flag for me and for the community. If you do plan on actually selling more units adding in an option to pay via escrow with say, a 5% extra fee that goes to you I'm sure you would get much more interest. as it stands now this likely seems extremely scammy to most people.

[BTCBuyer]

To everyone:

Escrow can be a problem for the seller. If you received the goods and claim that you did not receive them, then I am out of my bitcoins, chips, and shipping cost. This is problematic for me. Therefore to address this concern of credibility, I have  posted photos at the start of the thread to show you that the chips have already been ordered. Unlike other sellers on this forum who claim that "we have ordered the chips" without any proof, I have solid evidence that I have indeed ordered the 10,000 Avalon Asic chips with $100,000 of my own investment.

I understand that in this Bitcoin industry, trust is important. However, timeliness is as well. If you do not trust me, simply do not order from me. I only request that you take your business elsewhere, as this thread is for those who are interested in the product I am offering.

I have kept my thread and responses brief because I do not believe that it is necessary to dwell on the negative comments. I am announcing and offering my service on this forum. I have clients elsewhere as well. Just because I am a junior member who does not post often, does not mean that I am not knowledgeable and have the appropriate network to make this happen.

I am a businessman and therefore not well versed in the technical field. That does not mean I do not have a well trained team of engineers. For privacy reasons, my team has requested that I keep their information confidential. However, they are highly qualified individuals from the top ivy league universities.

I have dealt with many clients, who are happy and satisfied with my product and work. If you would like to be one of my clients, then I can assure you, that you will receive your 72Gh/s machine from me. I am a man of my words.

If you would like further information, I would be more than happy to discuss them with you. However, please do not make judgements or conclusions before you have seen what I can do.

BTCbuyer Team.

[dan99]

You can always set your escrow terms as upon shipping with the paid dhl/fedex will show the tracking number and you should be able to get the escrow guy to release the payment. Most of us will reluctant to pay you now you know because the chip hasn't arrived, yes it hasn't arrived .. if they saw that your chips has arrived than they are evidence and proof that likely you will assemble and shipped out the miner soon.

[TheSwede75]

Escrow can be a problem for the seller. If you received the goods and claim that you did not receive them, then I am out of my bitcoins, chips, and shipping cost. This is problematic for me. Therefore to address this concern of credibility, I have  posted photos at the start of the thread to show you that the chips have already been ordered. Unlike other sellers on this forum who claim that "we have ordered the chips" without any proof, I have solid evidence that I have indeed ordered the 10,000 Avalon Asic chips with $100,000 of my own investment.

I understand that in this Bitcoin industry, trust is important. However, timeliness is as well. If you do not trust me, simply do not order from me. I only request that you take your business elsewhere, as this thread is for those who are interested in the product I am offering.

I have kept my thread and responses brief because I do not believe that it is necessary to dwell on the negative comments. I am announcing and offering my service on this forum. I have clients elsewhere as well. Just because I am a junior member who does not post often, does not mean that I am not knowledgeable and have the appropriate network to make this happen.

I am a businessman and therefore not well versed in the technical field. That does not mean I do not have a well trained team of engineers. For privacy reasons, my team has requested that I keep their information confidential. However, they are highly qualified individuals from the top ivy league universities.

I have dealt with many clients, who are happy and satisfied with my product and work. If you would like to be one of my clients, then I can assure you, that you will receive your 72Gh/s machine from me. I am a man of my words.

If you would like further information, I would be more than happy to discuss them with you. However, please do not make judgements or conclusions before you have seen what I can do.

How is escrow a 'risk to the seller'? I have personal experience from escrow with JohnK and so has 1000s of other forum members and as far as I know there has not been a SINGLE case of fraud or scam when he has been used.

You are trying to sell $100.000s worth of product and expect people to send you over $10.000 per purchase, and argue that Escrow is somehow a bad idea?

Also: You are selling the product and 'mysteriously' have another forum member that states that he is 'not associated' with you show up like clockwork and answer forum questions and accusations several times in the thread. Please..  I hate to say it, but this just fucking reeks of scam!

[BTCBuyer]

TheSwede75,

I appreciate your concern and the time you took to look into my thread. I have set my terms, you are free to wait until other individuals have placed their order and received their mining rigs from me, to order then. I would appreciate if you would stop with your accusations of those who I have personally dealt business with. They have vouched for me, as you have vouched for JohnK. It is unfair that you would jump to conclusions. I am politely asking that you refrain from being rude.

If you have questions about the product, then please do ask. But if you are asking about the conditions I have set, then I suggest you look for another service on a different thread.

This thread is for those you are interested in purchasing from me and are serious buyers. Thank you very much.

UPDATE:28 out of 35 machines remain open for sale.  

[BTCBuyer]

You can always set your escrow terms as upon shipping with the paid dhl/fedex will show the tracking number and you should be able to get the escrow guy to release the payment. Most of us will reluctant to pay you now you know because the chip hasn't arrived, yes it hasn't arrived .. if they saw that your chips has arrived than they are evidence and proof that likely you will assemble and shipped out the miner soon.

Dan99,

Thank you for your post and question. In your case, I would suggest that you wait until I have received the chips to order. At that point in time, I would also update this bitcoin forum. However, I cannot guarantee the availability of the mining machines as over the last 24 hours, 7 units have already been sold.

 

[derCarl]

https://i.chzbgr.com/maxW500/7503238656/hF3A71A0F/
Seems legit. No escrow and  Just look at his posts. 

[TheSwede75]

You can always set your escrow terms as upon shipping with the paid dhl/fedex will show the tracking number and you should be able to get the escrow guy to release the payment. Most of us will reluctant to pay you now you know because the chip hasn't arrived, yes it hasn't arrived .. if they saw that your chips has arrived than they are evidence and proof that likely you will assemble and shipped out the miner soon.

Dan99,

Thank you for your post and question. In your case, I would suggest that you wait until I have received the chips to order. At that point in time, I would also update this bitcoin forum. However, I cannot guarantee the availability of the mining machines as over the last 24 hours, 7 units have already been sold.

 

The BALLS on this one!

[suryc]

Why not allow escrow? I don't understand the reluctance to escrow unless you have something to hide. We have no way to trust you because we have no way of verifying your reputation.

You could even set a slightly higher price for escrow and that would be OK. Like 75BTC without escrow and 80BTC with escrow.

I really have trouble believing anybody could have placed an order without knowing you or escrow.

[BTCBuyer]

Hello everyone,

Thank you for reading this thread. To answer your question about escrow, below are my complete thoughts on the issue. You do not have to agree with me. However, if you would like to be one of my clients, my conditions are firm.

WHY ESCROW IS GOOD: An escrow is helpful and useful in limiting fraud for a buyer because he or she acts as an intermediary between the two parties. For example, if you were a buyer and the seller never ships, then the escrow takes funds from the seller's account, and gives it back to the buyer. This strengthens the Bitcoin economy because risk in bitcoin dealing is limited.

WHY ESCROW IS BAD: The escrow system does not take into account disputes between the buyer and seller, which is known as "escrow scam." Bitcoin is designed so that you have total ownership rights of your money. This is offset by the competing interest in fraud protection. These two interests cannot be compromised: you either have (1) total ownership rights of your money or (2) fraud protection. With that said, I believe in the first camp, that the power to handle your money rests in your own hands, not a third party, escrow, or bank. It is up to you, and only you, to send bitcoins to your trusted entities.

In a buyer scam, the buyer purchases a product using escrow, then claims he never received it, thereby filing an escrow dispute. While bitcoin escrow services can mitigate the issue, it can only do so with a simple default to a 50/50 split in the event of a dispute.

I have personally looked into Escrow JohnK's contractual fine print. He says that on the event that any problems arises, "he will release the escrow to whichever party that presents him with the most convincing proof and/or after an open discussion with others." Therefore, my investments and potential double loss (from the original bitcoins to buy the chips and the revenue generated from the sale) would be pending on the escrow's decisions.

You are free to make your own decisions as to with whom you do business and the conditions you attach. These are my conditions and the reasoning behind them.

I thank you for your time and concern.

BTCbuyer Team.

[DrG]

OP -good plan and I applaud your initiative (wish I had jumped on the chips earlier).  But the lack of an escrow should be blatant no-no for any forum user.  Short of meeting you in person, giving you BTC blindly is tantamount to running a Pirate.  The screenshot is about as useful as a pic of you holding a shoe.

If you want simple proof, video tape yourself closing the box with tape at the FedEx or UPS location and presenting the box for shipment.  May seem cumbersome but I have sold devices that were valued at 10-50k before and the I received a complaint stating I shipped an empty box (from a dentist no less).  Simple statement of fact citing mail fraud (yes even FedEx and UPS are covered under these commerce clauses) will get most people to shut up.

If you find that too cumbersome and don't want to deal with escrow then this board is probably not the right place for you to sell.... cough*eBay*cough

[BTCBuyer]

Hello DrG,

Thank you for your post. In response, I am firm with my conditions. I understand that there are disagreements, but we do not have to all agree on the same point. I do not want to rehash the escrow or no escrow reasoning above. I do thank you for your suggestions about proof method, which I will keep in mind.

In the past, startups have started with much less proof of delivery than I have (i.e. Avalon). I have proof that I have ordered the chips, and I will post up a video of my transaction in obtaining the bitcoins. We all have to start somewhere, and this thread is my announcement of my service and product. I have stated my belief, and I am holding true to that belief.

I understand credibility builds with time, and I am starting it now.

If you have any questions about my product, I welcome you to engage in a private conversation with me, either through phone or on a private message. This is thread is meant to gauge interest. Until you have talked to me, please do not jump to conclusions or judgments.

Thank you very much.

BTCbuyer Team.

[BTCBuyer]

To everyone on this thread,

I respectfully ask that you do not rehash the escrow or no escrow argument, as this will just be a repetitive cycle. I am firm in my belief and my conditions.

If you do not share this belief, I respect your belief. You can wait to see further confirmation as I continuously update this thread. I simply ask that you refrain from posting accusations and judgments.

For those who are interested, again, I welcome you to join the Asic family as an early adopter.

I am open to having a private conversation with you over the phone. Please contact me personally for this information.

I have posted a video of my avalon asic purchase transaction here: http://youtu.be/rhLM86mOE7c

Thank you very much for your interest.

BTCbuyer Team.