CanaryInTheMine (OP)
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between a rock and a block!
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August 10, 2013, 11:42:22 PM
Last edit: August 13, 2013, 11:12:27 PM by CanaryInTheMine |
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If you are a re-seller on eBay or other outlets, I can handle your shipping of USB miners. - you order allocated inventory with me. it is not part of group buys etc... I order with friedcat, when your inventory is here then: - you sell - send me the appropriate label (pdf) you generate for your sold order. - I ship from zip 60181 - you pay me a handling fee for handling each order (negotiated). - sit back and relax... don't bother with shipping. I do that with my elves for you. all you need to do is pay for and reserve a specific amount of units that are yours in my inventory. I can extend credit to you and make a larger reservation initially. so that you can use those 50 btc per day from coinbase daily and make use of negotiated credit terms. contact me to enter into such an arrangement. previous large purchasers will have easier starting credit terms with me  Thanks, Canary |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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josiasrdz
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August 11, 2013, 01:03:43 AM |
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Interesting...how much is the handling fee for lets say 30-40 block erupters?
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17yN2CQsYGBd3jEcNcWQDua4sViVP7YmC1
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CanaryInTheMine (OP)
Donator
Legendary
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Activity: 2352
Merit: 1060
between a rock and a block!
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August 11, 2013, 01:59:46 AM |
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Interesting...how much is the handling fee for lets say 30-40 block erupters?
PM me |
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aoshea
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August 12, 2013, 12:48:58 AM |
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cool offer; if I unload some on ebay it might just take all the hassle out of shipping |
I sell Bhut Jolokia "Ghost" Chili seeds and other hot pepper seeds for BTC. PM me for details.
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bitterdog
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August 12, 2013, 01:49:20 AM |
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Being a drop shipper is going to kill future sales from me.
As it stood now people who could buy and pay for large amounts were rewarded with a lower cost as it should be. Now your going to turn it into a cut throat deal on ebay where some kid is going to be happy making 29 cents per unit.
It would be like ASICMINER telling people if they want they will drop ship at the same cost as the resellers get and killing any reseller markup you might get.
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millsdmb
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August 12, 2013, 01:51:47 AM |
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Being a drop shipper is going to kill future sales from me.
As it stood now people who could buy and pay for large amounts were rewarded with a lower cost as it should be. Now your going to turn it into a cut throat deal on ebay where some kid is going to be happy making 29 cents per unit.
It would be like ASICMINER telling people if they want they will drop ship at the same cost as the resellers get and killing any reseller markup you might get.
Ebay sales look to have peaked over the last few days anyways. The last order I got in was for $74.95, a measly markup. Now they're far lower. I don't see your concern here. |
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bitterdog
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August 12, 2013, 01:55:56 AM |
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Being a drop shipper is going to kill future sales from me.
As it stood now people who could buy and pay for large amounts were rewarded with a lower cost as it should be. Now your going to turn it into a cut throat deal on ebay where some kid is going to be happy making 29 cents per unit.
It would be like ASICMINER telling people if they want they will drop ship at the same cost as the resellers get and killing any reseller markup you might get.
Ebay sales look to have peaked over the last few days anyways. The last order I got in was for $74.95, a measly markup. Now they're far lower. I don't see your concern here. If you bought @ $40 per miner And sold @ 75 eBay and paypal fees are roughly 13% That leave $63.75 USPS Priority flat rate + Sig confirmation = $7.35 that's a grand total of $56.40 $16.40 profit on $40 This was pricing as of 2 weeks ago There is still money to be made by people that are not distributers. but not if some kid selling 1-2 miners pretty much gets them for the same price as someone who buys 100-200+ at a time |
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CanaryInTheMine (OP)
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Activity: 2352
Merit: 1060
between a rock and a block!
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August 12, 2013, 02:16:58 AM |
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Being a drop shipper is going to kill future sales from me.
As it stood now people who could buy and pay for large amounts were rewarded with a lower cost as it should be. Now your going to turn it into a cut throat deal on ebay where some kid is going to be happy making 29 cents per unit.
It would be like ASICMINER telling people if they want they will drop ship at the same cost as the resellers get and killing any reseller markup you might get.
Ebay sales look to have peaked over the last few days anyways. The last order I got in was for $74.95, a measly markup. Now they're far lower. I don't see your concern here. If you bought @ $40 per miner And sold @ 75 eBay and paypal fees are roughly 13% That leave $63.75 USPS Priority flat rate + Sig confirmation = $7.35 that's a grand total of $56.40 $16.40 profit on $40 This was pricing as of 2 weeks ago There is still money to be made by people that are not distributers. but not if some kid selling 1-2 miners pretty much gets them for the same price as someone who buys 100-200+ at a time Some kid is not going to be using my drop ship service... It's designed for those who can afford to have allocated inventory at my storage facility... Kids won't do that. |
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philipma1957
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Merit: 7862
'The right to privacy matters'
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August 12, 2013, 02:25:52 AM |
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Okay I have a great ebay record 1200 plus perfect feedbacks. I have sold about 40 sticks on ebay. Today I sold 27 sticks at 53 bucks a piece based on the new price of 29.50 usd a stick = .31 btc . my profit was just about 23 a stick. after fees about 19 a stick.
I think that if the Canary becomes a drop shipper for me it would be a good deal.
Upside is I have a prebuilt stellar name as a seller and the work is less with him drop shipping. I could sell a shitload of sticks at a low price .
making 20 to 30 bucks on 3 sticks works for me since I have no workload vs making 57 bucks and doing all the work.
Downside is I piss off a lot of other sellers with lowball prices. Not sure I want to do that.
I need to sit back and think about the ebay idea carefully.
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CanaryInTheMine (OP)
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Activity: 2352
Merit: 1060
between a rock and a block!
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August 12, 2013, 03:02:50 AM |
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Okay I have a great ebay record 1200 plus perfect feedbacks. I have sold about 40 sticks on ebay. Today I sold 27 sticks at 53 bucks a piece based on the new price of 29.50 usd a stick = .31 btc . my profit was just about 23 a stick. after fees about 19 a stick.
I think that if the Canary becomes a drop shipper for me it would be a good deal.
Upside is I have a prebuilt stellar name as a seller and the work is less with him drop shipping. I could sell a shitload of sticks at a low price .
making 20 to 30 bucks on 3 sticks works for me since I have no workload vs making 57 bucks and doing all the work.
Downside is I piss off a lot of other sellers with lowball prices. Not sure I want to do that.
I need to sit back and think about the ebay idea carefully.
This isn't anything new, Amazon can do the same for you guys.... At higher cost and you'd have to ship inventory to them. And you shouldn't cut your price to the bone, you have to watch the market and maximize your profits... And there's that whole thing about having inventory issue that pops up sometimes  Plan accordingly. |
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MikeMike
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★ Ⓚ KORE TEAM Ⓚ ★
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August 12, 2013, 03:45:44 AM |
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Canary, What are the fees to use your shipping elves?  |
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ssinc
Sr. Member
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Merit: 250
Hash for Cash!
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August 12, 2013, 04:01:42 AM |
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Canary, What are the fees to use your shipping elves? ditto |
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philipma1957
Legendary
Offline
Activity: 4116
Merit: 7862
'The right to privacy matters'
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August 12, 2013, 11:11:11 AM |
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Okay I have a great ebay record 1200 plus perfect feedbacks. I have sold about 40 sticks on ebay. Today I sold 27 sticks at 53 bucks a piece based on the new price of 29.50 usd a stick = .31 btc . my profit was just about 23 a stick. after fees about 19 a stick.
I think that if the Canary becomes a drop shipper for me it would be a good deal.
Upside is I have a prebuilt stellar name as a seller and the work is less with him drop shipping. I could sell a shitload of sticks at a low price .
making 20 to 30 bucks on 3 sticks works for me since I have no workload vs making 57 bucks and doing all the work.
Downside is I piss off a lot of other sellers with lowball prices. Not sure I want to do that.
I need to sit back and think about the ebay idea carefully.
This isn't anything new, Amazon can do the same for you guys.... At higher cost and you'd have to ship inventory to them. And you shouldn't cut your price to the bone, you have to watch the market and maximize your profits... And there's that whole thing about having inventory issue that pops up sometimes Plan accordingly. you have been a great seller . so this idea has a lot of merit for me. I am going to weigh my options carefully over the next few days. |
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reactor
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August 12, 2013, 12:17:07 PM |
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Being a drop shipper is going to kill future sales from me.
As it stood now people who could buy and pay for large amounts were rewarded with a lower cost as it should be. Now your going to turn it into a cut throat deal on ebay where some kid is going to be happy making 29 cents per unit.
It would be like ASICMINER telling people if they want they will drop ship at the same cost as the resellers get and killing any reseller markup you might get.
Honestly, if Canary wants to sell on eBay he should sell on eBay and undercut the other resellers there like he does here (pure capitalism). The margins are slim enough on eBay and Amazon now for anyone selling and hoping to recoup profit before the next BE price drop. As-is, it seems like most folks on there about start selling their inventory when the next price drop rolls around, so it is only a matter of suckers buying them at the rate they are buying them before more sellers pop up with lower prices. Plus this muddies things - what if there needs to be a return, what if a unit is DOA, etc.? That's a lot of shipping around to involve a third party in one of those transactions, mailing fees alone for such an error would likely eat up profits for people buying at current prices. |
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bitterdog
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August 12, 2013, 12:50:55 PM |
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Being a drop shipper is going to kill future sales from me.
As it stood now people who could buy and pay for large amounts were rewarded with a lower cost as it should be. Now your going to turn it into a cut throat deal on ebay where some kid is going to be happy making 29 cents per unit.
It would be like ASICMINER telling people if they want they will drop ship at the same cost as the resellers get and killing any reseller markup you might get.
Honestly, if Canary wants to sell on eBay he should sell on eBay and undercut the other resellers there like he does here (pure capitalism). The margins are slim enough on eBay and Amazon now for anyone selling and hoping to recoup profit before the next BE price drop. As-is, it seems like most folks on there about start selling their inventory when the next price drop rolls around, so it is only a matter of suckers buying them at the rate they are buying them before more sellers pop up with lower prices. Plus this muddies things - what if there needs to be a return, what if a unit is DOA, etc.? That's a lot of shipping around to involve a third party in one of those transactions, mailing fees alone for such an error would likely eat up profits for people buying at current prices. Canary isn't stupid. To kill the retail market would be equivalent to committing suicide. The usb miner sales will die soon enough. Yoou anger the people who buy large amounts they will remember when the erupter sales are EOL. As it stands now he has a healhy relationship with his bulk buyers. I don't see him ruining that for a short term item suchs as the erupter. |
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reactor
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August 12, 2013, 12:56:27 PM |
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Being a drop shipper is going to kill future sales from me.
As it stood now people who could buy and pay for large amounts were rewarded with a lower cost as it should be. Now your going to turn it into a cut throat deal on ebay where some kid is going to be happy making 29 cents per unit.
It would be like ASICMINER telling people if they want they will drop ship at the same cost as the resellers get and killing any reseller markup you might get.
Honestly, if Canary wants to sell on eBay he should sell on eBay and undercut the other resellers there like he does here (pure capitalism). The margins are slim enough on eBay and Amazon now for anyone selling and hoping to recoup profit before the next BE price drop. As-is, it seems like most folks on there about start selling their inventory when the next price drop rolls around, so it is only a matter of suckers buying them at the rate they are buying them before more sellers pop up with lower prices. Plus this muddies things - what if there needs to be a return, what if a unit is DOA, etc.? That's a lot of shipping around to involve a third party in one of those transactions, mailing fees alone for such an error would likely eat up profits for people buying at current prices. Canary isn't stupid. To kill the retail market would be equivalent to committing suicide. The usb miner sales will die soon enough. Yoou anger the people who buy large amounts they will remember when the erupter sales are EOL. As it stands now he has a healhy relationship with his bulk buyers. I don't see him ruining that for a short term item suchs as the erupter. I know he isn't stupid, he understands this business better than most. He's just trying to wiggle into every last facet of sales. It's already obvious he has a majority of sales on the forums, but this ^^^^ is only going to make eBay and Amazon a bigger mess of sellers than it is currently and there are those hanging issues of returns, DOA, etc., that make it even messier. Would have made a lot more sense to do this when they were 1.05/.99 each, USBs are only going to realistically sell for so much longer, let the folks already liquidating do so with the inventory they likely already purchased from Canary or SSB. In other words, this offer is basically going to undercut anyone who previously purchased and is reselling. We've got enough 'screw the current customers' going on in BTC hardware land as of late (*cough* Avalon, BFL *cough*). |
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CoinHoarder
Legendary
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Activity: 1484
Merit: 1026
In Cryptocoins I Trust
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August 13, 2013, 04:29:05 AM |
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My 2 cents:
I bought 84 for 1 BTC. Sold them all for $140+ ($3360 profit). I thought jeez, that was a good deal.... so I bought 50 more. ASICMINER dropped the price to .55, so I ended up selling all 50 for about $75 (a $1250 loss) because prices on Ebay had already crashed. Sellers beware. You might get stung by ASICMINER dropping the prices, or by the Ebay system... read on...
Ebay fees are so high, it literally ate ANY profit I had and I actually think I operated at a loss because of ASICMINER's dropping prices.
I even had one person file a case because I said in the auction it would run at 300+ Mh and his was only running at 275-295 Mh. He said he came on the forums here and someone told him they are supposed to run at 336 Mh. I wish I knew who told him that... after mining on over a 100 of these, that is the FASTEST a BE will ever run. Speeds vary (as I mentioned in the auction) as with any other mining equipment.
Anyways.. be careful about how you describe the item and its hash speed. Of course the guy that files the case mines on the damn thing for 2 weeks before he asks for a refund. I wish I knew his name on here so I could give him a piece of my mind. Actually, I gave him a piece of my mind in a Ebay case message. I'm probably getting a negative feedback.. I just couldn't help myself. If you are not happy with the buy, then send it back and ask for your money back... don't mine on it for 2 weeks...
So, I'm done with Ebay and BEs...
/rant
PS: Sorry canary, this is the only thread I knew about selling BEs on Ebay and thought others doing the same thing needed to hear these things.
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millsdmb
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August 13, 2013, 10:50:28 PM |
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My 2 cents:
I bought 84 for 1 BTC. Sold them all for $140+ ($3360 profit). I thought jeez, that was a good deal.... so I bought 50 more. ASICMINER dropped the price to .55, so I ended up selling all 50 for about $75 (a $1250 loss) because prices on Ebay had already crashed. Sellers beware. You might get stung by ASICMINER dropping the prices, or by the Ebay system... read on...
Ebay fees are so high, it literally ate ANY profit I had and I actually think I operated at a loss because of ASICMINER's dropping prices.
I even had one person file a case because I said in the auction it would run at 300+ Mh and his was only running at 275-295 Mh. He said he came on the forums here and someone told him they are supposed to run at 336 Mh. I wish I knew who told him that... after mining on over a 100 of these, that is the FASTEST a BE will ever run. Speeds vary (as I mentioned in the auction) as with any other mining equipment.
Anyways.. be careful about how you describe the item and its hash speed. Of course the guy that files the case mines on the damn thing for 2 weeks before he asks for a refund. I wish I knew his name on here so I could give him a piece of my mind. Actually, I gave him a piece of my mind in a Ebay case message. I'm probably getting a negative feedback.. I just couldn't help myself. If you are not happy with the buy, then send it back and ask for your money back... don't mine on it for 2 weeks...
So, I'm done with Ebay and BEs...
/rant
PS: Sorry canary, this is the only thread I knew about selling BEs on Ebay and thought others doing the same thing needed to hear these things.
And all this with PayPal's (pretty) decent seller protection which we pay for in the fees. eBay listing fees that protect you, and PayPal processing fees that protect you again from the same thing. Canary, you must have had some nightmares dealing all in BTC, no? |
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bitterdog
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August 14, 2013, 05:44:26 AM |
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My 2 cents:
I bought 84 for 1 BTC. Sold them all for $140+ ($3360 profit). I thought jeez, that was a good deal.... so I bought 50 more. ASICMINER dropped the price to .55, so I ended up selling all 50 for about $75 (a $1250 loss) because prices on Ebay had already crashed. Sellers beware. You might get stung by ASICMINER dropping the prices, or by the Ebay system... read on...
Ebay fees are so high, it literally ate ANY profit I had and I actually think I operated at a loss because of ASICMINER's dropping prices.
I even had one person file a case because I said in the auction it would run at 300+ Mh and his was only running at 275-295 Mh. He said he came on the forums here and someone told him they are supposed to run at 336 Mh. I wish I knew who told him that... after mining on over a 100 of these, that is the FASTEST a BE will ever run. Speeds vary (as I mentioned in the auction) as with any other mining equipment.
Anyways.. be careful about how you describe the item and its hash speed. Of course the guy that files the case mines on the damn thing for 2 weeks before he asks for a refund. I wish I knew his name on here so I could give him a piece of my mind. Actually, I gave him a piece of my mind in a Ebay case message. I'm probably getting a negative feedback.. I just couldn't help myself. If you are not happy with the buy, then send it back and ask for your money back... don't mine on it for 2 weeks...
So, I'm done with Ebay and BEs...
/rant
PS: Sorry canary, this is the only thread I knew about selling BEs on Ebay and thought others doing the same thing needed to hear these things.
And all this with PayPal's (pretty) decent seller protection which we pay for in the fees. eBay listing fees that protect you, and PayPal processing fees that protect you again from the same thing. Canary, you must have had some nightmares dealing all in BTC, no? Doubtful.. you cant do a chargeback on BTC |
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CanaryInTheMine (OP)
Donator
Legendary
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Activity: 2352
Merit: 1060
between a rock and a block!
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August 14, 2013, 06:32:17 AM |
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I prefer btc
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