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Author Topic: Auction of 2nd most expensive Pizza in history of Bitcoin  (Read 8757 times)
itod
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October 02, 2013, 09:53:06 AM
 #21

punin, you didn't say anything about shipping. Is shipping included in the winning bid, or will be charged on that price?

yes he did :

"Pizza is delivered with UPS express saver service to any place in the world (where UPS delivers) at our cost."

Ah, I must have missed it in first reading. Or maybe it's being edited after  Wink
punin (OP)
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October 02, 2013, 10:24:47 AM
 #22

just to remember all of you :

the reel price of this pizza is around fifty less than the price they are selling it right now

so think of it before bidding


care to kindly explain with links? I didn't get you completely.

one wafer costs 3000 usd with a certain number of chips on it

do your maths


OMG we're evil!!! We're selling something for PROFIT! Why don't you design your own chip papamoi, pay for the $500k mask-set, risk a re-spin when going forward without MPW and then sell your wafers without profit?

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papamoi
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October 02, 2013, 10:36:41 AM
 #23

just to remember all of you :

the reel price of this pizza is around fifty less than the price they are selling it right now

so think of it before bidding


care to kindly explain with links? I didn't get you completely.

one wafer costs 3000 usd with a certain number of chips on it

do your maths


OMG we're evil!!! We're selling something for PROFIT! Why don't you design your own chip papamoi, pay for the $500k mask-set, risk a re-spin when going forward without MPW and then sell your wafers without profit?

that was the plan but bitfurt made a proposal wich made my plan less interesting then he didn t respect his comitment so i consider myself at a duty to warn everyone about this.

papamoi
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October 02, 2013, 10:38:30 AM
 #24

just to remember all of you :

the reel price of this pizza is around fifty less than the price they are selling it right now

so think of it before bidding


care to kindly explain with links? I didn't get you completely.

one wafer costs 3000 usd with a certain number of chips on it

do your maths


OMG we're evil!!! We're selling something for PROFIT! Why don't you design your own chip papamoi, pay for the $500k mask-set, risk a re-spin when going forward without MPW and then sell your wafers without profit?

that was the plan but bitfurt made a proposal wich made my plan less interesting then he didn t respect his comitment so i consider myself at a duty to warn everyone about this.



my issue at the moment is because of his greed and non respect of comitment i ve been not able to make it.

are you getting me now?

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October 02, 2013, 10:46:41 AM
 #25

just to remember all of you :

the reel price of this pizza is around fifty less than the price they are selling it right now

so think of it before bidding


care to kindly explain with links? I didn't get you completely.

one wafer costs 3000 usd with a certain number of chips on it

do your maths


OMG we're evil!!! We're selling something for PROFIT! Why don't you design your own chip papamoi, pay for the $500k mask-set, risk a re-spin when going forward without MPW and then sell your wafers without profit?

that was the plan but bitfurt made a proposal wich made my plan less interesting then he didn t respect his comitment so i consider myself at a duty to warn everyone about this.



my issue at the moment is because of his greed and non respect of comitment i ve been not able to make it.

are you getting me now?



I really do not understand what you are talking about, I think punin and his team were one of the best companies around bitcoin with fulfilling their commitments and even more than that, I agree that the prototypes are a bit overpriced, but it wasn't a ripp-off comparing to other companies around.

to be honest I didn't buy any prototype from them "yet", but at the moment they are the only company around that I would feel comfortable with trusting. I just hope he will be able to provide prototypes with next day shipping and at a reasonable price as he promised , then he will again make a big milestone in this community. 


sorry for going out of the Auction subject.
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October 02, 2013, 10:59:24 AM
 #26

just to remember all of you :

the reel price of this pizza is around fifty less than the price they are selling it right now

so think of it before bidding


care to kindly explain with links? I didn't get you completely.

one wafer costs 3000 usd with a certain number of chips on it

do your maths


OMG we're evil!!! We're selling something for PROFIT! Why don't you design your own chip papamoi, pay for the $500k mask-set, risk a re-spin when going forward without MPW and then sell your wafers without profit?

that was the plan but bitfurt made a proposal wich made my plan less interesting then he didn t respect his comitment so i consider myself at a duty to warn everyone about this.



my issue at the moment is because of his greed and non respect of comitment i ve been not able to make it.

are you getting me now?



I really do not understand what you are talking about, I think punin and his team were one of the best companies around bitcoin with fulfilling their commitments and even more than that, I agree that the prototypes are a bit overpriced, but it wasn't a ripp-off comparing to other companies around.

to be honest I didn't buy any prototype from them "yet", but at the moment they are the only company around that I would feel comfortable with trusting. I just hope he will be able to provide prototypes with next day shipping and at a reasonable price as he promised , then he will again make a big milestone in this community. 


sorry for going out of the Auction subject.


ok let me explain again:

bitfury has committed to deliver me a certain amount of chips for a certain price.When the time of delivery came,he decide not to respect his comitment.
In the meantime i was working on a possibility to make an asic,i ve stopped this when i ve got his proposal.
so in two words,he has eliminate me from the competition and didn t respect his comitment
and now he is squeezing you guys from a chip wich is costing him less then 1 usd to manuacture .

are you getting the picture now?or still not?
punin (OP)
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October 02, 2013, 11:14:52 AM
 #27

just to remember all of you :

the reel price of this pizza is around fifty less than the price they are selling it right now

so think of it before bidding


care to kindly explain with links? I didn't get you completely.

one wafer costs 3000 usd with a certain number of chips on it

do your maths


OMG we're evil!!! We're selling something for PROFIT! Why don't you design your own chip papamoi, pay for the $500k mask-set, risk a re-spin when going forward without MPW and then sell your wafers without profit?

that was the plan but bitfurt made a proposal wich made my plan less interesting then he didn t respect his comitment so i consider myself at a duty to warn everyone about this.



my issue at the moment is because of his greed and non respect of comitment i ve been not able to make it.

are you getting me now?



I really do not understand what you are talking about, I think punin and his team were one of the best companies around bitcoin with fulfilling their commitments and even more than that, I agree that the prototypes are a bit overpriced, but it wasn't a ripp-off comparing to other companies around.

to be honest I didn't buy any prototype from them "yet", but at the moment they are the only company around that I would feel comfortable with trusting. I just hope he will be able to provide prototypes with next day shipping and at a reasonable price as he promised , then he will again make a big milestone in this community. 


sorry for going out of the Auction subject.


ok let me explain again:

bitfury has committed to deliver me a certain amount of chips for a certain price.When the time of delivery came,he decide not to respect his comitment.
In the meantime i was working on a possibility to make an asic,i ve stopped this when i ve got his proposal.
so in two words,he has eliminate me from the competition and didn t respect his comitment
and now he is squeezing you guys from a chip wich is costing him less then 1 usd to manuacture .

are you getting the picture now?or still not?


I'm not Bitfury and this is my auction. Are you getting the picture now? You're crapping in the wrong yard. I honestly don't think your personal problem with bitfury has anything to do with me or what I'm selling. I've delivered and actually overdelivered on the promises I've made. So why come here and derail my auction thread into some stupid argumentation of what is the margin of manufacturer? And why don't you go stage a one-man protest in front of Intel office? The wafers are even cheaper to them, yet they sell their processors for hundreds of dollars?

Head of Product Development
Bitfury Group
www.bitfury.com
papamoi
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October 02, 2013, 11:20:29 AM
 #28

just to remember all of you :

the reel price of this pizza is around fifty less than the price they are selling it right now

so think of it before bidding


care to kindly explain with links? I didn't get you completely.

one wafer costs 3000 usd with a certain number of chips on it

do your maths


OMG we're evil!!! We're selling something for PROFIT! Why don't you design your own chip papamoi, pay for the $500k mask-set, risk a re-spin when going forward without MPW and then sell your wafers without profit?

that was the plan but bitfurt made a proposal wich made my plan less interesting then he didn t respect his comitment so i consider myself at a duty to warn everyone about this.



my issue at the moment is because of his greed and non respect of comitment i ve been not able to make it.

are you getting me now?



I really do not understand what you are talking about, I think punin and his team were one of the best companies around bitcoin with fulfilling their commitments and even more than that, I agree that the prototypes are a bit overpriced, but it wasn't a ripp-off comparing to other companies around.

to be honest I didn't buy any prototype from them "yet", but at the moment they are the only company around that I would feel comfortable with trusting. I just hope he will be able to provide prototypes with next day shipping and at a reasonable price as he promised , then he will again make a big milestone in this community. 


sorry for going out of the Auction subject.


ok let me explain again:

bitfury has committed to deliver me a certain amount of chips for a certain price.When the time of delivery came,he decide not to respect his comitment.
In the meantime i was working on a possibility to make an asic,i ve stopped this when i ve got his proposal.
so in two words,he has eliminate me from the competition and didn t respect his comitment
and now he is squeezing you guys from a chip wich is costing him less then 1 usd to manuacture .

are you getting the picture now?or still not?


I'm not Bitfury and this is my auction. Are you getting the picture now? You're crapping in the wrong yard. I honestly don't think your personal problem with bitfury has anything to do with me or what I'm selling. I've delivered and actually overdelivered on the promises I've made. So why come here and derail my auction thread into some stupid argumentation of what is the margin of manufacturer? And why don't you go stage a one-man protest in front of Intel office? The wafers are even cheaper to them, yet they sell their processors for hundreds of dollars?

so now you re mad?

really
why just don t you assume that you are squeezzing the maximum you can from the people as yifu did?

it has ended badly for yifu ,i hope it won t be same for you guys

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October 02, 2013, 11:22:31 AM
 #29

Well, that escalated quickly. Good luck with the auction nonetheless.
punin (OP)
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October 02, 2013, 11:30:40 AM
 #30


so now you re mad?

really
why just don t you assume that you are squeezzing the maximum you can from the people as yifu did?

it has ended badly for yifu ,i hope it won t be same for you guys


I fail to understand your reasoning. How is setting a 0 starting price auction for a reel of excellent chips squeezing anything out of anyone? Please don't compare me to Yifu. I've shipped nearly double the hashrate I promised on time. Please take your bitter trolling elsewhere.

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www.bitfury.com
mmitech
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October 02, 2013, 11:31:28 AM
 #31

just to remember all of you :

the reel price of this pizza is around fifty less than the price they are selling it right now

so think of it before bidding


care to kindly explain with links? I didn't get you completely.

one wafer costs 3000 usd with a certain number of chips on it

do your maths


OMG we're evil!!! We're selling something for PROFIT! Why don't you design your own chip papamoi, pay for the $500k mask-set, risk a re-spin when going forward without MPW and then sell your wafers without profit?

that was the plan but bitfurt made a proposal wich made my plan less interesting then he didn t respect his comitment so i consider myself at a duty to warn everyone about this.



my issue at the moment is because of his greed and non respect of comitment i ve been not able to make it.

are you getting me now?



I really do not understand what you are talking about, I think punin and his team were one of the best companies around bitcoin with fulfilling their commitments and even more than that, I agree that the prototypes are a bit overpriced, but it wasn't a ripp-off comparing to other companies around.

to be honest I didn't buy any prototype from them "yet", but at the moment they are the only company around that I would feel comfortable with trusting. I just hope he will be able to provide prototypes with next day shipping and at a reasonable price as he promised , then he will again make a big milestone in this community. 


sorry for going out of the Auction subject.


ok let me explain again:

bitfury has committed to deliver me a certain amount of chips for a certain price.When the time of delivery came,he decide not to respect his comitment.
In the meantime i was working on a possibility to make an asic,i ve stopped this when i ve got his proposal.
so in two words,he has eliminate me from the competition and didn t respect his comitment
and now he is squeezing you guys from a chip wich is costing him less then 1 usd to manuacture .

are you getting the picture now?or still not?


I'm not Bitfury and this is my auction. Are you getting the picture now? You're crapping in the wrong yard. I honestly don't think your personal problem with bitfury has anything to do with me or what I'm selling. I've delivered and actually overdelivered on the promises I've made. So why come here and derail my auction thread into some stupid argumentation of what is the margin of manufacturer? And why don't you go stage a one-man protest in front of Intel office? The wafers are even cheaper to them, yet they sell their processors for hundreds of dollars?

so now you re mad?

really
why just don t you assume that you are squeezzing the maximum you can from the people as yifu did?

it has ended badly for yifu ,i hope it won t be same for you guys



any company has to make a profit, I was frustrated when I saw the first ASIC prices... but keep in mind this is not Intel or AMD these companies all started from"0" they had to make everything they invested with profit, I am sure the next generations will be priced more reasonable and  be available to everyone. when you understand this then you will have no issue, I didnt have the chance to buy an ASIC but I believe that I will have in future when prices drops.
but hey this is what you would do too right ? or you are telling me that you would sell for 1$ as well ?

I think you guys have some personal problems, can a mod split it to a new thread, or continue in PM ....
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October 02, 2013, 11:32:56 AM
 #32

Yeah I'd appreciate a clean up. And also correcting the OP to include ending date of the auction.

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October 02, 2013, 11:45:48 AM
 #33

This is supposed to be an auction for a reel of chips right? I am quite excited to watch its progress.

Papamoi, i'm sure you could start a rather interesting discussion thread on the ethics of making profit by selling people things they want, but here is not the place for it.

I agree that the prices are high, but then that's why this auction is so interesting as it will give some kind of indication as to what the market is willing to pay.

Punin, i wish you the best of luck in the auction and hey, if the price is right, i'll throw in a bid. Let's see what happens.
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October 02, 2013, 11:47:13 AM
 #34

Punin - question: If I place a bid of let's say 0.5BTC and later want to increase my bid to let's say 0.8BTC - what do I place a second bid: 0.8BTC or 0.3BTC?
Would like to know that, too Wink

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October 02, 2013, 11:56:18 AM
 #35

Punin - question: If I place a bid of let's say 0.5BTC and later want to increase my bid to let's say 0.8BTC - what do I place a second bid: 0.8BTC or 0.3BTC?
Would like to know that, too Wink

I need to run now, but I will get back to this later today and hopefully have the OP corrected by a mod.

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October 02, 2013, 12:01:35 PM
 #36

please clarify how many confirmations the bid needs to have at the deadline
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October 02, 2013, 12:15:18 PM
 #37

Punin, make a new thread, 100% self moderated. remove all trolling and off topic issues.
Seems to be the only way these days..
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October 07, 2013, 11:43:50 AM
 #38

Punin, make a new thread, 100% self moderated. remove all trolling and off topic issues.
Seems to be the only way these days..
How do I do that?

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October 07, 2013, 12:56:30 PM
 #39

Punin, make a new thread, 100% self moderated. remove all trolling and off topic issues.
Seems to be the only way these days..
How do I do that?

Not any more this time preferably, it will make the whole thing even much more confusing. Please clarify the open questions instead.

Thank you.
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October 07, 2013, 04:14:59 PM
 #40

Update

CURRENT HIGHEST BID IS 40 BTC. Pretty low price for about 8-9TH of hashing power IMHO.  Grin

I was about to cancel this auction due to BitcoinTalk downtime, but decided to let it continue now that the site is now back to normal. Even if bitcointalk goes down, the auction will continue as bids can be proved via blockchain.

Punin - question: If I place a bid of let's say 0.5BTC and later want to increase my bid to let's say 0.8BTC - what do I place a second bid: 0.8BTC or 0.3BTC?

Please make all bids as full bids to address 1HzNCRi3Qq3xKj9hyumLG6hhaYwaTPB7dq. All non-winning bids will be returned to the sending address!

please clarify how many confirmations the bid needs to have at the deadline

No confirmations are required at the deadline (as long as they confirm later).

Shipping will only occur after full price has been paid, so be sure to have that BTC ready. Delays tend to be expensive in bitcoin business.

Head of Product Development
Bitfury Group
www.bitfury.com
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