DZ MC: Round 5-6, KnC Jupiters. Please move ?s and discussions here.

[mrm0]

Let's take a minute here to define EXACTLY what we are talking about here otherwise a vote is meaningless.
When I first read this thread and voted the above quotes were what I based my vote on,

But with this as an option

as a price point  ant miner is selling a non auction right here


https://bitcointalk.org/index.php?topic=348747.0   

they ask 4.25 BTC for a 180 gh machine.   this is a flat price.   seems to me we could list our 1 for 11 BTC  it would be a bargain compared to the 180 gh x 3 = 12.75  for 540 gh for unproved tech.

 while we would be 11 BTC for 550gh proven tech.

I would probably change my vote. Starting at 20 or 25K but then considering 11btc (11K) is half of what I voted on.

In order to make this valid I believe we need to set a price that we sell at, anything less than that and we keep hashing.

Its hard to vote when the target is changing by 50% or more

+1 (incidentally, 1 share)

[Tiennou74]

I am concerned with the ebay chargebacks + paypal fees
We could do an auction with min. bid.

We could also host on ebay but ask the user to pay with btc (with escrow)
If we do the two things above I vote with my 10 shares.

[philipma1957]

Let's take a minute here to define EXACTLY what we are talking about here otherwise a vote is meaningless.
When I first read this thread and voted the above quotes were what I based my vote on,

But with this as an option

as a price point  ant miner is selling a non auction right here


https://bitcointalk.org/index.php?topic=348747.0   

they ask 4.25 BTC for a 180 gh machine.   this is a flat price.   seems to me we could list our 1 for 11 BTC  it would be a bargain compared to the 180 gh x 3 = 12.75  for 540 gh for unproved tech.

 while we would be 11 BTC for 550gh proven tech.

I would probably change my vote. Starting at 20 or 25K but then considering 11btc (11K) is half of what I voted on.

In order to make this valid I believe we need to set a price that we sell at, anything less than that and we keep hashing.

Its hard to vote when the target is changing by 50% or more

+1 (incidentally, 1 share)

  I agree well at least the problem is an upside problem (btc went to the MOON)   rather then an other  type of problem.

After we get the next dividend we will have more house money making decision a bit easier.

 In  a way there are 3 votes  not 2  ..

1)do a safe btc auction on bitcointalk----get 10-12 safe coins   pros no returns con less money

2) do a risky ebay auction  ------------- get 18-21 risky coins  pros more money can't stop a return

3) fuck it just hash man hash------------ the next diff should be under 700 mill  we would earn 5 btc maybe 6 from dec 1 to dec 13

[floatyfish]

Let's take a minute here to define EXACTLY what we are talking about here otherwise a vote is meaningless.
When I first read this thread and voted the above quotes were what I based my vote on,

But with this as an option

as a price point  ant miner is selling a non auction right here


https://bitcointalk.org/index.php?topic=348747.0   

they ask 4.25 BTC for a 180 gh machine.   this is a flat price.   seems to me we could list our 1 for 11 BTC  it would be a bargain compared to the 180 gh x 3 = 12.75  for 540 gh for unproved tech.

 while we would be 11 BTC for 550gh proven tech.

I would probably change my vote. Starting at 20 or 25K but then considering 11btc (11K) is half of what I voted on.

In order to make this valid I believe we need to set a price that we sell at, anything less than that and we keep hashing.

Its hard to vote when the target is changing by 50% or more

+1 (incidentally, 1 share)

  I agree well at least the problem is an upside problem (btc went to the MOON)   rather then an other  type of problem.

After we get the next dividend we will have more house money making decision a bit easier.

 In  a way there are 3 votes  not 2  ..

1)do a safe btc auction on bitcointalk----get 10-12 safe coins   pros no returns con less money

2) do a risky ebay auction  ------------- get 18-21 risky coins  pros more money can't stop a return

3) fuck it just hash man hash------------ the next diff should be under 700 mill  we would earn 5 btc maybe 6 from dec 1 to dec 13

I think that deciding what auction to do should be a separate vote after we vote whether or not to sell or keep hashing.

[philipma1957]

well they are nice problems, but I am very afraid to sell it on ebay.

  I did a lot of research today and I don't think we can be certain of no charge back  unless we insist on all btc from the buyer.  this auction on ebay seems to be the best way to list it.


http://www.ebay.com/itm/KNC-Kncminer-Jupiter-Bitcoin-Miner-550-GH-s-in-Hand-USA-Ships-FedEx-/291022844481?pt=LH_DefaultDomain_0&hash=item43c2503241


this listing will take paypal and prefers BTC.  so if the winner of this insists on paying with paypal he could.  I am going to create an auction to see if I can force only btc. bear with me .

[Miramyn]

Let's take a minute here to define EXACTLY what we are talking about here otherwise a vote is meaningless.
When I first read this thread and voted the above quotes were what I based my vote on,

But with this as an option

as a price point  ant miner is selling a non auction right here


https://bitcointalk.org/index.php?topic=348747.0   

they ask 4.25 BTC for a 180 gh machine.   this is a flat price.   seems to me we could list our 1 for 11 BTC  it would be a bargain compared to the 180 gh x 3 = 12.75  for 540 gh for unproved tech.

 while we would be 11 BTC for 550gh proven tech.

I would probably change my vote. Starting at 20 or 25K but then considering 11btc (11K) is half of what I voted on.

In order to make this valid I believe we need to set a price that we sell at, anything less than that and we keep hashing.

Its hard to vote when the target is changing by 50% or more

+1 (incidentally, 1 share)

  I agree well at least the problem is an upside problem (btc went to the MOON)   rather then an other  type of problem.

After we get the next dividend we will have more house money making decision a bit easier.

 In  a way there are 3 votes  not 2  ..

1)do a safe btc auction on bitcointalk----get 10-12 safe coins   pros no returns con less money

2) do a risky ebay auction  ------------- get 18-21 risky coins  pros more money can't stop a return

3) fuck it just hash man hash------------ the next diff should be under 700 mill  we would earn 5 btc maybe 6 from dec 1 to dec 13

Good point Phillip

Before I can finalize my vote I need to know what I am voting on, which was the only point I was trying to make.
I'm not opposed to any of the above options, would just like to know which one is being voted on so I can make the best decision.

So I guess the first decision to be made is which auction would we do? Once that is known the vote to keep or sell could be made as we would then know the expected return from the sale.

Are there any other options or possibilities that should be put forward before a decision is made?

[Miramyn]

well they are nice problems, but I am very afraid to sell it on ebay.

  I did a lot of research today and I don't think we can be certain of no charge back  unless we insist on all btc from the buyer.  this auction on ebay seems to be the best way to list it.


http://www.ebay.com/itm/KNC-Kncminer-Jupiter-Bitcoin-Miner-550-GH-s-in-Hand-USA-Ships-FedEx-/291022844481?pt=LH_DefaultDomain_0&hash=item43c2503241


this listing will take paypal and prefers BTC.  so if the winner of this insists on paying with paypal he could.  I am going to create an auction to see if I can force only btc. bear with me .

would coingig or cryptothrift (or any other bitmit replacement) be a better option?

[philipma1957]

Let's take a minute here to define EXACTLY what we are talking about here otherwise a vote is meaningless.
When I first read this thread and voted the above quotes were what I based my vote on,

But with this as an option

as a price point  ant miner is selling a non auction right here


https://bitcointalk.org/index.php?topic=348747.0   

they ask 4.25 BTC for a 180 gh machine.   this is a flat price.   seems to me we could list our 1 for 11 BTC  it would be a bargain compared to the 180 gh x 3 = 12.75  for 540 gh for unproved tech.

 while we would be 11 BTC for 550gh proven tech.

I would probably change my vote. Starting at 20 or 25K but then considering 11btc (11K) is half of what I voted on.

In order to make this valid I believe we need to set a price that we sell at, anything less than that and we keep hashing.

Its hard to vote when the target is changing by 50% or more

+1 (incidentally, 1 share)

  I agree well at least the problem is an upside problem (btc went to the MOON)   rather then an other  type of problem.

After we get the next dividend we will have more house money making decision a bit easier.

 In  a way there are 3 votes  not 2  ..

1)do a safe btc auction on bitcointalk----get 10-12 safe coins   pros no returns con less money

2) do a risky ebay auction  ------------- get 18-21 risky coins  pros more money can't stop a return

3) fuck it just hash man hash------------ the next diff should be under 700 mill  we would earn 5 btc maybe 6 from dec 1 to dec 13

Good point Phillip

Before I can finalize my vote I need to know what I am voting on, which was the only point I was trying to make.
I'm not opposed to any of the above options, would just like to know which one is being voted on so I can make the best decision.

So I guess the first decision to be made is which auction would we do? Once that is known the vote to keep or sell could be made as we would then know the expected return from the sale.

Are there any other options or possibilities that should be put forward before a decision is made?

I think I can force BTC as the only option for an EBAY BUYER.  I am working on this right now. Give me an hour. If this works  I will post.

[philipma1957]

go to this ebay listing.  see that I kind of force the buyer to use BTC.  make suggestions.
and if some crazy mother fucker buys it right now we are selling it.




http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=151176625724   


 it has to be a buy it now for me to list it with no paypal.  my skrill limits are 15000 so they can't pay it with skrill.  they kind of have to pay in btc.

[thomas_s]

go to this ebay listing.  see that I kind of force the buyer to use BTC.  make suggestions.
and if some crazy mother fucker buys it right now we are selling it.




http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=151176625724   


 it has to be a buy it now for me to list it with no paypal.  my skrill limits are 15000 so they can't pay it with skrill.  they kind of have to pay in btc.

So theres no way for them to pay with paypal?

[philipma1957]

correct.  and my skrill account is set at 15k so for them to pay with skrill they would need to wait for it to clear and pay part of it in BTC.  that would mean weeks before they get it.   

the down side is they bid  and we accept and they never pay.  that would cost use 50-250 usd not sure if the 50 dollar fee deal works if the buyer never pays.


We could list it for a more normal number of 24,000.00 and accept an offer of 20,000 plus .  I hold the btc until it is shipped then distribute it.
 I can provide id to dz for full vetting.

[thomas_s]

correct.  and my skrill account is set at 15k so for them to pay with skrill they would need to wait for it to clear and pay part of it in BTC.  that would mean weeks before they get it.   

the down side is they bid  and we accept and they never pay.  that would cost use 50-250 usd not sure if the 50 dollar fee deal works if the buyer never pays.


We could list it for a more normal number of 24,000.00 and accept an offer of 20,000 plus .  I hold the btc until it is shipped then distribute it.
 I can provide id to dz for full vetting.

There shouldn't be any fee if the item is not paid for, you simply open a ticket saying that the item wasn't paid.

[bbxx]

If price will be good (roi in btc), sell
If not, keep.

10% of r5 jupiter here

[philipma1957]

correct.  and my skrill account is set at 15k so for them to pay with skrill they would need to wait for it to clear and pay part of it in BTC.  that would mean weeks before they get it.  

the down side is they bid  and we accept and they never pay.  that would cost use 50-250 usd not sure if the 50 dollar fee deal works if the buyer never pays.


We could list it for a more normal number of 24,000.00 and accept an offer of 20,000 plus .  I hold the btc until it is shipped then distribute it.
 I can provide id to dz for full vetting.

There shouldn't be any fee if the item is not paid for, you simply open a ticket saying that the item wasn't paid.

yeah you would be right but I am not so sure as I just set up the skrill account today.   If you want to list it since you handled all the btc you need to setup a skrill account .. they need
a:ssn
b:cc
c: bank account  

they set your limit at 15k in or out,   so if we sell this for say 20k on a best offer the buyer must pay with BTC.  

This gets rid of the chargeback issue.  So if you want to look up on your ebay if you can do a skrill for payments check it out.

oh the listing  must be buy it now.  I put in a best offer  option. Since it helps a buyer decide.  If we list this at 24 or 25 k and take 20 k or more this seems like it should be  safe for us.

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=151176625724&ssPageName=STRK:MESE:IT

 the listing I slapped together  but the key part is this:




Payments:
Skrill,  Pay on pickup  | See details
Returns:
No returns or exchanges, but item is covered by eBay Buyer Protection.
Guarantee:
  | Learn more
Get the item you ordered or get your money back.


and this

Payment:
Paying via bitcoin is prefered.  Bitcoin to USD rate will be determined by Coinbase sell price at close of auction. If I do not receive payment in 48 hours I will award to the next highest bidder.   I will provide wallet address to the winner.  I will not ship until payment clears SKRILL. So if you choose SKRILL there will be a long delay. weeks.  If you pay with BTC shipping will be the next business day.

[philipma1957]

well I just got a 8300 offer  on the listing.  I am going to pull it down in a few hours as I do not want some one to buy it before we have fully voted.

8300 would be too low.

[philipma1957]

and we just were offered 23000.  soo I am shutting the test ad down since somebody may buy the fucking thing at the 32000 asking price.

[philipma1957]

the offer history.  I am going to be gone for a few days I ended the listing as I feared someone would pay the 32222 asking price is I left it up!







and the ad

[philipma1957]

So getting 20 k with out a charge back seems possible.    BTC payment can be forced or the buyer needs to wait for weeks for the gear.




the full cancelled ad is here

http://www.ebay.com/itm/KNC-Kncminer-Jupiter-Bitcoin-Miner-550-GH-s-in-Hand-USA-Ships-FedEx-/151176625724?ssPageName=STRK:MESE:IT




 

BTW


BTC is over 1005 at coinbase.


https://coinbase.com/charts


Oh I don't beg but I spent a lot of time trying to figure out a chargeback free ebay sale today. 

the item needs to be

a) over 15000 usd
b) you need a skrill account
c) must be Buy it now  and it helps to have best offer
d)  you are allowed to offer BTC as preferred payment  and one electronic payment in this case skrill.   my skrill account is capped at 15 k .

so if I sell over 15k with skrill i would need 2 payments with a long delay in between.  thus any normal buyer would pay in BTC  which stops chargebacks.

tips please

1Fo2K52Rz7LZw9fcF5BDdDBjfNaViQ8J3x


this will help our selloff of gear in the future.  even if we wait on this one.

[DyslexicZombei]

BTW, I've got *great* relations with Coingig if we felt like listing it there.

I helped the admins uncover a couple of scams there, and I'm a fan of their setup and site.

==

Also: I like the suggestion of doing a separate vote for sale method.

I'll mod the poll and reset voting.

Please don't forget to check your email if you'd like to vote. 

Thanks.

[wontons]

We should take the 23k and roll it directly into 2 Neptunes