[SELLING] Avalon 81 GH/s DECREASING/DUTCH AUCTION 60 BTC START ::EU ONLY::

[Carlton Banks]

x1 Avalon Batch 1 to auction, but with my addition of an 860 watt OCZ AX PSU, confirmed to run the chips at 350 MHz (81.5 GH/s total).

Price begins at 60 BTC and DECREASES at a rate of 1 BTC per day.

THAT'S RIGHT, DECREASING PRICE. (aka Dutch auction) I figured this would only be fair in the current environment for difficulty increases.


Simply state "buying" or similar unambiguous, one word intent if you're happy with the price as it is. Any questions will not be interpreted as bids, feel free to ask whatever you fell you need to know. I understand escrow agents are over subscribed, but if anyone with a good rating is willing to step in, I'd be much obliged. Otherwise, BTC in full must be received before I will ship the unit. All original packaging has been kept carefully, so it will be travelling with the same shock protection that took it safely from China to the EU.


THE BIDDING BEGINS AT 60 BTC. I will update this thread (and the title) daily to state the current price level.

[driksson]

however.. in 30 days, will it be worth 30?
lower your start, and ill see by thursday for next diff..

[Carlton Banks]

however.. in 30 days, will it be worth 30?
lower your start, and ill see by thursday for next diff..

This depends on the events of the next 30 days. But I don't expect mass shipping from KNC, if that's what you're implying.

[driksson]

however.. in 30 days, will it be worth 30?
lower your start, and ill see by thursday for next diff..

This depends on the events of the next 30 days. But I don't expect mass shipping from KNC, if that's what you're implying.

sadly they don't need to ship for difficulty to increase. it will be 75 minimum diff. on thursday..

[Carlton Banks]

however.. in 30 days, will it be worth 30?
lower your start, and ill see by thursday for next diff..

This depends on the events of the next 30 days. But I don't expect mass shipping from KNC, if that's what you're implying.

sadly they don't need to ship for difficulty to increase. it will be 75 minimum diff. on thursday..

It may be higher than that, but this is not the place for discussing difficulty adjustments, please stick to questions about the auction item and terms of the purchase agreement.

[server]

Start at 30... 60 is ridiculous

BTC = $144 (!)

[Carlton Banks]

Start at 30... 60 is ridiculous

BTC = $144 (!)

This is mining equipment, dollar value is not really relevant, you will not be mining for dollars.

[TheSwede75]

Start at 30... 60 is ridiculous

BTC = $144 (!)

This is mining equipment, dollar value is not really relevant, you will not be mining for dollars.

People don't get this.

[driksson]

ok! sign me up in 59 days!

[Carlton Banks]

ok! sign me up in 59 days!

Watch out for Mr. 58 days 

[Carlton Banks]

59 BTC....

[User705]

Interesting concept.  Is there an auction end time besides the fact that in 60 days it will be zero? 

[dogie]

Interesting concept.  Is there an auction end time besides the fact that in 60 days it will be zero? 

He can rightfully withdraw the offer to sell unit at any time.

[Carlton Banks]

Interesting concept.  Is there an auction end time besides the fact that in 60 days it will be zero? 

I won't be paying people 1 BTC and counting to take it from me after 60 days, let's just put it that way 

And also, what dogie said

[User705]

Are you interested in future set bids.  For example 10BTC to ship in 30 days.  Which is basically your concept but starting at 40BTC which is closer to current in hand prices of .5BTC/Gh

[Carlton Banks]

Are you interested in future set bids.  For example 10BTC to ship in 30 days.  Which is basically your concept but starting at 40BTC which is closer to current in hand prices of .5BTC/Gh

Are you? 

[User705]

Are you interested in future set bids.  For example 10BTC to ship in 30 days.  Which is basically your concept but starting at 40BTC which is closer to current in hand prices of .5BTC/Gh

Are you? 

yes.

[Welsh]

What is the reserve price, as I'm assuming you are going to have some sort of boundary. Or would you rather not say?

[Carlton Banks]

What is the reserve price, as I'm assuming you are going to have some sort of boundary. Or would you rather not say?

Neither, I'm going to see how all factors play out. As mentioned already, I'm within my rights to withdraw the auction if I feel like it (unless someone shouts before I get the chance, I will honour any bid that pre-empts my withdrawal)

[Carlton Banks]

What is the reserve price, as I'm assuming you are going to have some sort of boundary. Or would you rather not say?

Neither, I'm going to see how all determinng factors play out. As mentioned already, I'm within my rights to withdraw the auction if I feel like it (unless someone shouts before I get the chance, I will honour any bid that pre-empts my withdrawal)