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bobsag3
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November 12, 2013, 02:38:35 PM |
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What about BTCCrow? Never used it, but heard good things. |
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Puppet
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Activity: 980
Merit: 1040
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November 12, 2013, 03:01:46 PM |
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Instead of escrow, why not use multisignature? Its easy to do on blockchain.info: https://blockchain.info/wallet/escrowNo risk of the escrow party running off with the money, losing his laptop or getting killed in a carcrash. You just need an independent third party to sign, and if all goes well, he doesnt have to do anything. |
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GodfatherBond
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November 12, 2013, 03:41:10 PM |
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Instead of escrow, why not use multisignature? Its easy to do on blockchain.info: https://blockchain.info/wallet/escrowNo risk of the escrow party running off with the money, losing his laptop or getting killed in a carcrash. You just need an independent third party to sign, and if all goes well, he doesnt have to do anything. That´s actually nice way to do escrow. |
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Minor Miner
Legendary
 Online
Activity: 2296
Merit: 1012
Be A Digital Miner
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November 12, 2013, 03:57:39 PM |
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Instead of escrow, why not use multisignature? Its easy to do on blockchain.info: https://blockchain.info/wallet/escrowNo risk of the escrow party running off with the money, losing his laptop or getting killed in a carcrash. You just need an independent third party to sign, and if all goes well, he doesnt have to do anything. That´s actually nice way to do escrow. So BlackArrow does not need the money from the orders to pay for NRE and the first run? Because escrow holds the money (or the coins) and does not release until final ship/receipt. It would also create a lot of BTC exchange risk for the manufacturer since their costs are in $ and the escrow funds in BTC would flucuate each day (I know, BTC only go up). |
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blackarrow (OP)
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November 12, 2013, 04:38:15 PM |
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Instead of escrow, why not use multisignature? Its easy to do on blockchain.info: https://blockchain.info/wallet/escrowNo risk of the escrow party running off with the money, losing his laptop or getting killed in a carcrash. You just need an independent third party to sign, and if all goes well, he doesnt have to do anything. We can certainly do that. But what happens if the Bitcoin goes down by the time we can cash it out? I also do not see the reasons to offer a discount for these transactions. The way that we see it, our customers who have placed non-escrow pre-orders are our investors, hence it is our duty to do our best to maximize their revenues. They will receive discounts and price guarantees. Escrow transactions where we cannot use the funds to pay the foundry and engineers, are just ... sales that require more of our investment. |
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Puppet
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Activity: 980
Merit: 1040
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November 12, 2013, 05:06:57 PM |
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Instead of escrow, why not use multisignature? Its easy to do on blockchain.info: https://blockchain.info/wallet/escrowNo risk of the escrow party running off with the money, losing his laptop or getting killed in a carcrash. You just need an independent third party to sign, and if all goes well, he doesnt have to do anything. We can certainly do that. But what happens if the Bitcoin goes down by the time we can cash it out? You are screwed then. Or you get lucky if it goes up. Either way, that is no different than with other bitcoin escrow services, using multisig just eliminates the risk (and potentially, cost) of using an escrow agent. If you would like escrow transactions that are protected against BTC price swings, thats something you should talk about with bitpay. It could be an interesting service for them, but Im not aware of them offering that yet. |
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btc_uzr
Sr. Member
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Activity: 476
Merit: 250
let's have some fun
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November 12, 2013, 05:09:31 PM |
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I'm impressed that you consider escrow.
Thumbs up!!
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..and Thou shalt spread the coin in the name of cryptography for eternity
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Gator-hex
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November 12, 2013, 05:34:24 PM |
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Pre-ordering can be used as a way to run an arbitrage scam where someone takes Bitcoins, claim to be developing a product, then after the Bitcoins rise in value, cancel the project and refund in dollars, pocketing the difference. If you won't take escrow, credit cards, or paypal it's gonna smell like a scam to many people.  |
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RoadStress
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Merit: 1007
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November 12, 2013, 05:55:55 PM |
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I'm impressed that you consider escrow.
Thumbs up!!
I don't think he considers escrow. He was just pointing facts out  But i may be wrong. |
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dlasher
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November 12, 2013, 05:59:49 PM |
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If you won't take escrow, credit cards, or paypal it's gonna smell like a scam to many people. Agreed.. Credit Cards at a minimum. |
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Tomatocage
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Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
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November 12, 2013, 06:22:20 PM |
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So Black Arrow is only accepting Bitcoin for payment?
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Gator-hex
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November 12, 2013, 06:34:37 PM |
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So Black Arrow is only accepting Bitcoin for payment?
Bank Transfer, Western Union, Moneygram and Bitcoin All one way transactions with no charge back. |
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Bogart
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Activity: 966
Merit: 1000
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November 12, 2013, 07:40:20 PM |
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For anyone who has a V1 BlackArrow Bitfury board
Thanks for this Kano. May I ask how is this related to our 28nm ASIC? On that same note, when I configure cgminer 3.8.1 with --enable-bab, the config summary reports: BlackArrow.ASICs.....: Enabled May I suggest this be renamed "BlackArrow.BitFury.boards" or something similar? This model of chip-maker + integrator makes things confusing sometimes. |
"All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S." - President F.D. Roosevelt, 1933
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Mattster28
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November 13, 2013, 01:52:08 AM |
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The thread title says $1.49/Ghash yet the Prospero X-1 (100Ghash/second) is listed for $290.50.
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vs3
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November 13, 2013, 01:59:43 AM |
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The thread title says $1.49/Ghash yet the Prospero X-1 (100Ghash/second) is listed for $290.50.
Sometimes that search function does indeed work: where are the 1.49/ghash units?
1.49/ghash is the ASIC purchased in large quantities. On the other hand that might be old information .. Now I don't see it on the web site either (and I remember seeing something like 10'000 chips at $149/chip or something like that) |
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Searing
Copper Member
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Activity: 2898
Merit: 1464
Clueless!
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November 13, 2013, 11:47:29 AM |
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So Black Arrow is only accepting Bitcoin for payment?
Bank Transfer, Western Union, Moneygram and Bitcoin All one way transactions with no charge back. sorry BFL refugee will stick with KNC they still take paypal and direct cc etc unless I'm wrong only ones that still take paypal or cc direct as well (correct me if I'm wrong) although they may just sit out this madness and their next gen run is prob march 2014 as nuts as it is gonna be in the next 6 months (ie china etc).. a person would prob be better off buing/selling on the panic/rush in that time frame anyway cc is the only way to go otherwise they can be like BFL promise the moon and deliver a year late and still keep your $$$ my 2c worth Searing |
Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:) |
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merv77
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November 13, 2013, 01:58:05 PM |
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I think it's best to wait till February 2014 till they are on the shelf and just walk in the store buy over the counter.
I'll be in Shenzhen end of Feb and buy one then if this pans out as Black Arrow describes.
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Fassade
Member
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Merit: 10
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November 14, 2013, 03:17:05 PM |
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BitCoins06
Newbie
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November 14, 2013, 08:13:29 PM
Last edit: November 14, 2013, 08:33:47 PM by BitCoins06 |
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could you please Fassad tell us when you have more info about your problem ?
how can you ask support here ? dont they have ticket support ?
& why you only receive 1 item instead 2 as u order ?
they didnt answer you ?
thx you
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Fassade
Member
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Activity: 71
Merit: 10
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November 15, 2013, 01:51:42 AM |
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could you please Fassad tell us when you have more info about your problem ?
how can you ask support here ? dont they have ticket support ?
& why you only receive 1 item instead 2 as u order ?
they didnt answer you ?
thx you
I leave 3 tickets support at the moment, no answer yet. I don't know why received only 1 item, one ticket get this answer. Next, more news... |
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