Incoming Avalon News 8/9/2013

[KS]

900BTC ≃ 100K USD.

800K GB chips @ 0.0782 BTC/u. @ 115 USD/BTC = 6.9 million USD. => THIS is where the hurt is coming from.

[joeventura]

he says here:
http://www.avalon-asics.com/

That he is processing refunds.

Why are the Group buy people asking for refunds?

(sorry if this is a stupid question)

[-Redacted-]

They aren't - these are Avalon Batch 1,2,3 refunds and trade ins.

[RChevalier]

Starting to wonder if the creator of Bitcoin made a typo.  The "i" is right next to the "o".  Maybe the second "i" wasn't suppose to be there.

[VolanicEruptor]

Starting to wonder if the creator of Bitcoin made a typo.  The "i" is right next to the "o".  Maybe the second "i" wasn't suppose to be there.

You had a good idea for a joke but executed with very poor delivery..lol

[RChevalier]

You had a good idea for a joke but executed with very poor delivery..lol

I admit I like your joke better.

[Phinnaeus Gage]

You had a good idea for a joke but executed with very poor delivery..lol

I admit I like your joke better.

Incoming... from a guy who used to do standup comedy in Nashville...

[MSantori]

If you are looking to explain this issue to a litigator, then he'll want to see a few things up front:

1) what are the terms of that governed the transaction?
2) what is the timeline of the parties' statements and representations (who did/said what when)?
3) how many orders were placed and who placed them?
4) what was the cost of each order and the total orders?
5) what orders were/were not shipped?

This information isn't always available, of course.  Nonetheless, a class action suit needs a few informed, passionate lead plaintiffs to communicate information like this to their lawyer, whomever that may be.

[Micky25]

Thank you for your statement Marco. Would you be interested in an employment about this issue? What/how much would you need to get this going?

[dan99]

Yifu is communicating now as much as he did during the Batch #2 fulfillment period.  This cannot be a surprise.  These chips are late, but so was Batch #1 and Batch #2.  This knowledge was in front of you when you made the purchase.  Tell me what answer you will give to the judge when he says "Isn't that curious.  Tell me why you thought he would ship on time this time?"

Dude, they pre-mined the crap out of Batch #2. That's why there was no communication as they delayed as much as possible.

They mined until the units turned up covered internally with dust and preconfigured to pools. Way beyond that of 'testing'. It was so noticeable, that they had to halt sending the dust coated pre-configured pre-mined silver units and re-start Batch #2 shipping, sending out fresh black ones that were intended for Batch #3 orders.

Hence the obscene delay in Batch #3.

C'mon man, be fair, this behaviour is inexcusable.

I want to believe this wasn't the case, but look at the evidence. At this point ignoring the subject will not help.

Couldn't agreed more

[tiros]

Zefir - https://bitcointalk.org/index.php?topic=177827.0

Code:

2013-04-30: Batch 7 ordered - Expected date of arrival (10 weeks) - 2013-07-09 ---> - 48 days
2013-04-30: Batch 6 ordered - Expected date of arrival (10 weeks) - 2013-07-09 ---> - 48 days
2013-04-28: Batch 5 ordered - Expected date of arrival (10 weeks) - 2013-07-07 ---> - 50 days
2013-04-24: Batch 4 ordered - Expected date of arrival (10 weeks) - 2013-07-03 ---> - 54 days
2013-04-20: Batch 3 ordered - Expected date of arrival (10 weeks) - 2013-06-29 ---> - 57 days
2013-04-18: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-06-27 - delivered - 2013-08-23 - 58 days late
2013-04-16: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-06-25 - delivered - 2013-07-24 - 29 days late

Big Time Coin - https://bitcointalk.org/index.php?topic=180093.0

Code:

2013-04-17: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-06-26 ---> - 60 days - received shipping info

ragingazn628 - https://bitcointalk.org/index.php?topic=189220.0

Code:

2013-04-27: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-07-06 ---> - 50 days

Steamboat - https://bitcointalk.org/index.php?topic=192916.0

Code:

2013-07-06: Batch 6 ordered - Expected date of arrival (10 weeks) - 2013-09-14 ---> + 22 days
2013-06-05: Batch 5 ordered - Expected date of arrival (10 weeks) - 2013-08-14 ---> - 10 days
2013-05-28: Batch 4 ordered - Expected date of arrival (10 weeks) - 2013-08-06 ---> - 19 days
2013-05-22: Batch 3 ordered - Expected date of arrival (10 weeks) - 2013-07-31 ---> - 25 days
2013-05-11: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-07-20 ---> - 36 days
2013-05-01: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-07-10 ---> - 46 days

SebastianJu' - https://bitcointalk.org/index.php?topic=187660.0

Code:

2013-07-07: Batch 6 ordered - Expected date of arrival (10 weeks) - 2013-09-15 ---> + 23 days
2013-06-13: Batch 5 ordered - Expected date of arrival (10 weeks) - 2013-08-22 ---> -  2 days
2013-05-27: Batch 4 ordered - Expected date of arrival (10 weeks) - 2013-08-05 ---> - 20 days
2013-05-23: Batch 3 ordered - Expected date of arrival (10 weeks) - 2013-08-01 ---> - 24 days
2013-05-18: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-07-27 ---> - 28 days
2013-05-11: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-07-20 ---> - 35 days

t13hydra - https://bitcointalk.org/index.php?topic=189582.0   Sample chips unboxing  - https://www.youtube.com/watch?v=x1FLE59Hzck

Code:

2013-06-30: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-08-15 ---> - 10 days
2013-05-23: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-08-01 ---> - 24 days

kslaughter
https://bitcointalk.org/index.php?topic=158806.msg2370446#msg2370446

Code:

2013-06-01: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-08-10 ---> - 15 days
2013-05-28: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-08-06 ---> - 19 days

bizwoo - https://bitcointalk.org/index.php?topic=200067.0

Code:

2013-07-08: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-09-16 ---> + 25 days
2013-06-08: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-08-17 ---> -  7 days

marto74 - https://bitcointalk.org/index.php?topic=217316.0

Code:

2013-07-06: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-09-14 ---> + 22 days
2013-06-17: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-08-26 ---> +  3 days

Total 270K of chips
220K are already late
50K still in time frame

Courtesy of paul3

Combined spreadsheet with the avalon payment address (1FGAftzSTztFSB8LMwsrdCKTyqGY6zr3sU).

https://docs.google.com/spreadsheet/ccc?key=0AiLYkKIHJaIsdHpIaGdUOWRYVUdncTNpNlVKbVhCbEE&usp=sharing

Info about the data in the spreadsheet:

Order: There are some payments that don't have the hole payment amount in one transaction, these have the same Order "ID". For example order 4 -> Payment 1: 700.6, Payment 2: 55, Payment 1: 26.5.

In total there are 54 orders, containing 97 * 10.000 Chips.

Updated daily - See more and help out at
https://bitcointalk.org/index.php?topic=277198.0

[fasmax]

So the only news since 8/9/2013 is one more batch of chip has been delivered.
Over 2 weeks has passed and only one more delivered.

[tiros]

So the only news since 8/9/2013 is one more batch of chip has been delivered.
Over 2 weeks has passed and only one more delivered.

We only have limited info about all the batches in queue (see spreadsheet), so we don't have a way knowing.
Since OP two of the customers received shipping info (limited info), and only zefir got his batch #2.
There was no reply from Big Time Coin, but I asked on open forum and not by PM.

Edit: PM sent to Big Time Coin

[ionstorm]

got an idea guys, click on Bitsyncom's trust and give him a poor review:  https://bitcointalk.org/index.php?action=trust;u=68196

it'll look like this: http://imgur.com/q58JdcB

[Tigggger]

got an idea guys, click on Bitsyncom's trust and give him a poor review:  https://bitcointalk.org/index.php?action=trust;u=68196

it'll look like this: http://imgur.com/q58JdcB

Which highlights how dumb the feedback system is, as on my screen it shows the following, which gives no indication that this is someone to avoid, or that lots of negative feedback has been left.

[RoadStress]

got an idea guys, click on Bitsyncom's trust and give him a poor review:  https://bitcointalk.org/index.php?action=trust;u=68196

it'll look like this: http://imgur.com/q58JdcB

Which highlights how dumb the feedback system is, as on my screen it shows the following, which gives no indication that this is someone to avoid, or that lots of negative feedback has been left.

Wow! I never actually pushed the Rating button. What's wrong with that? Why is it still 0?

[ibminer]

got an idea guys, click on Bitsyncom's trust and give him a poor review:  https://bitcointalk.org/index.php?action=trust;u=68196

it'll look like this: http://imgur.com/q58JdcB

Which highlights how dumb the feedback system is, as on my screen it shows the following, which gives no indication that this is someone to avoid, or that lots of negative feedback has been left.

Wow! I never actually pushed the Rating button. What's wrong with that? Why is it still 0?

I think it only shows red when other people in your own 'trust network' have marked negative feedback... there also seems to be a built in default trust list, and I would assume if any of those members posted negative feedback, it would show up for everyone.... not entirely sure though.

[oaxaca]

[VolanicEruptor]

[SebastianJu]

If you have a direct order with Avalon via DHL and want to check to see if your chips have shipped, call DHL at 1 (800) 225-5345  and give them your name and address and ask if there are any shipments on route in your name. Works like a charm

So a random person can call and ask when i get a package? How easy. Stay before a house and wait for the postman then. Is done and works. But that they give the info to random persons, who claim to be a certain one, doesnt sound smart.

is there any evidence that the chips were actually sold to a higher bidder? or are people just running rampant with speculation?

No evidence. Only a shitload of avalon asic chips in boxes 2 months ago. Theres no explaination why such a mass of chips existed and why they arent in the buyers hand.