[CLOSED] Group Buy #11 1119 ASICMiner Erupter USB (YOU WANTED NEW PRICE?)

[knybe]

Correct me if I'm wrong but; besides the fun of these as a novelty item/stocking stuffers, I still don't see how USB Erupters have any kind of decent ROI...

Mining roi is never but ebay roi is a couple weeks 

ah ha!

If you use can dispose of 1/2 of your miners at the right price the other half is essentially free.  Dramatically improves mining ROI.

yeah but yeaahh but yeah but... there's a ton of these on ebay. they don't seem to be flying off the shelves.

[CanaryInTheMine]

They aren't doing it out of goodwill. They've been losing money when I bought at 67 last week and will get it tomorrow. And they used bitinstant as a test dummy. But I do like coinbase.

you bought @67?? damn!!! did you use any tools to analyze the charts?
I've been thinking that I need to start hedging so that I can keep prices more predictable for USB sales regardless of USD/btc rate... to keep costs predictable for shipping, packing handling etc... any good platforms out there yet to trade in bitcoin/usd rate contracts?

[stex2009]

They aren't doing it out of goodwill. They've been losing money when I bought at 67 last week and will get it tomorrow. And they used bitinstant as a test dummy. But I do like coinbase.

Coinbase uses bitinstant?

[bitpop]

No they let bitinstant test the instant market.

Nah I don't watch charts. I just saw it falling and needed more, bought quickly. I only got 10 though.

There was a platform, a while ago from a chinese kid. It was awesome but it got hacked and closed. It was true trading, not slow exchanging.

[Troupster]

No they let bitinstant test the instant market.

Nah I don't watch charts. I just saw it falling and needed more, bought quickly. I only got 10 though.

There was a platform, a while ago from a chinese kid. It was awesome but it got hacked and closed. It was true trading, not slow exchanging.

I don't see how you can't make money raking a fee on every transaction for minimal service work.

You think they sit on coins and that's how they make their money?

I'm not following your logic.

[bitpop]

They have to get the coins somewhere. And you pay a week before. So do they buy it when you buy it or a week later?

There were complaints people's orders were cancelled when they bought too low.

[Swimmer63]

I have never used Coinbase for buying BTC.  What kind of upcharge do they have?

[daddyhutch]

canary, 4 for me --PM sent.
daddyhutch; 4; 4.018; 17JaZXWN9nRrkb75kC9NrPpkeyWEA6gkLX; Y

Payment sent!
https://blockchain.info/tx/f57b4adc4299333f78d5a427c2f9001db8f6bedf85b269704fbbc89b8228b2ec

[philipma1957]

I have never used Coinbase for buying BTC.  What kind of upcharge do they have?

good prices if they sell the coins to you. my order was canceled  1 hour before they were to pay it.  which means my 286 usd was frozen for 8 days.  4 of which were in the hands of coin base.  funny thing is they saved me money my price was just before the big drop. I was locked in for 92 usd a coin.  the coins were to be  monday the 8th of july. they were ordered june 29th.  

 it was my first purchase ever, but i had used them for sale of coins more then 12 times.  I was pissed they canceled but I used bit instant and got the coins at a better price.  I do not understand why they would cancel a sale at 92 btc a coin when the current price was  77 or 78 a coin.  I asked and was told i was high risk sale .  So I was polite and put in a new order which should be this monday.  the money for the coins is at 80 not 92 so to me they do not make a lot of sense.

[west17m]

west17m;      12;  11.5338824;      15CPUrQpX75kjrqVror7dn6TcuxHAdbS1V; Y

thanks

[Swimmer63]

I have never used Coinbase for buying BTC.  What kind of upcharge do they have?

good prices if they sell the coins to you. my order was canceled  1 hour before they were to pay it.  which means my 286 usd was frozen for 8 days.  4 of which were in the hands of coin base.  funny thing is they saved me money my price was just before the big drop. I was locked in for 92 usd a coin.  the coins were to be  monday the 8th of july. they were ordered june 29th.  

 it was my first purchase ever, but i had used them for sale of coins more then 12 times.  I was pissed they canceled but I used bit instant and got the coins at a better price.  I do not understand why they would cancel a sale at 92 btc a coin when the current price was  77 or 78 a coin.  I asked and was told i was high risk sale .  So I was polite and put in a new order which should be this monday.  the money for the coins is at 80 not 92 so to me they do not make a lot of sense.

Thanks for the review.  That's helpful.  But what do they charge per coin that you purchase?  A precentage, a flat rate??

[CanaryInTheMine]

all orders have been updated and posted on OP...

[philipma1957]

I have never used Coinbase for buying BTC.  What kind of upcharge do they have?

good prices if they sell the coins to you. my order was canceled  1 hour before they were to pay it.  which means my 286 usd was frozen for 8 days.  4 of which were in the hands of coin base.  funny thing is they saved me money my price was just before the big drop. I was locked in for 92 usd a coin.  the coins were to be  monday the 8th of july. they were ordered june 29th.  

 it was my first purchase ever, but i had used them for sale of coins more then 12 times.  I was pissed they canceled but I used bit instant and got the coins at a better price.  I do not understand why they would cancel a sale at 92 btc a coin when the current price was  77 or 78 a coin.  I asked and was told i was high risk sale .  So I was polite and put in a new order which should be this monday.  the money for the coins is at 80 not 92 so to me they do not make a lot of sense.

Thanks for the review.  That's helpful.  But what do they charge per coin that you purchase?  A precentage, a flat rate??

 

"Absolute e-warior bullshit. Nobody in the real world strongly cares about that unless we're talking about published/for-profit work. Focusing on such nonsense is why people remain with narrow-minded. Miss me with your virtue signalling bullshit. It is a acceptable mistake especially when it is done once or even very very rarely."



93.74 usd  at 12:50 am eastern standard time is the base

 1% fee is 94 cents  

15 cent bank fee   flat does not change.

so 1% plus 15 cents over the base.

 the base is close to mtgox.    right now 94.51 coinbase  vs 95.01 mtgox

[Swimmer63]

I have never used Coinbase for buying BTC.  What kind of upcharge do they have?

good prices if they sell the coins to you. my order was canceled  1 hour before they were to pay it.  which means my 286 usd was frozen for 8 days.  4 of which were in the hands of coin base.  funny thing is they saved me money my price was just before the big drop. I was locked in for 92 usd a coin.  the coins were to be  monday the 8th of july. they were ordered june 29th.  

 it was my first purchase ever, but i had used them for sale of coins more then 12 times.  I was pissed they canceled but I used bit instant and got the coins at a better price.  I do not understand why they would cancel a sale at 92 btc a coin when the current price was  77 or 78 a coin.  I asked and was told i was high risk sale .  So I was polite and put in a new order which should be this monday.  the money for the coins is at 80 not 92 so to me they do not make a lot of sense.

Thanks for the review.  That's helpful.  But what do they charge per coin that you purchase?  A precentage, a flat rate??

 



93.74 usd  at 12:50 am eastern standard time is the base

 1% fee is 94 cents  

15 cent bank fee   flat does not change.

so 1% plus 15 cents over the base.

 the base is close to mtgox.    right now 94.51 coinbase  vs 95.01 mtgox

Thanks. Fees are quite low if they are moving to immediate funding.

[beercoin]

beercoin; 5; 4.94; 13rPrRGd7ap9ddwji4HAStuwhzBTroKL7E; N;

[ElideN]

i just got 2 more bit coins can i add to my previous order?

[bitterdog]

I got mine at $77ish after fees.. it cleared my bank yesterday.. just waiting on it to hit my coinbase acct. I will be pissed if it gets cancelled.. It would cost me an additional $750 to buy now

[duquevalentino]

Mine in coinbase was cancelled.

[dtmcnamara]

Sent you a message. Let me know when you get it

thanks

[mackstuart]

They aren't doing it out of goodwill. They've been losing money when I bought at 67 last week and will get it tomorrow. And they used bitinstant as a test dummy. But I do like coinbase.

you bought @67?? damn!!! did you use any tools to analyze the charts?
I've been thinking that I need to start hedging so that I can keep prices more predictable for USB sales regardless of USD/btc rate... to keep costs predictable for shipping, packing handling etc... any good platforms out there yet to trade in bitcoin/usd rate contracts?

I did coinbase as well at about 68 each.  Oh and to the guy that used coinbase and waiting on the funds to hit, just verify your account for Level 2 and you will get your coins instantly on Coinbase.  This is the new option that will allow trusted users to get coins fast...   Oh and guys, just a bit of advice.  When the price of coins gets low, buy them up.  You know if the price drops to 70 each then it has to eventually go back up.  Its a trend, it has done this before, then it goes up and drops again.  Just my 2 cents.  Even if you buy at 70 and drops to 50, buy more.... You know it is going to eventually hit over a 100 again.  Peace.