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demonmaestro (OP)
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February 14, 2014, 09:34:01 AM
Last edit: February 14, 2014, 12:33:24 PM by demonmaestro |
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only fair way is figure out the new cost...we pay the difference or you refund original amount. give it to sunday as a deadline
That will probably be the best route. I will make a deal with ya. The new price will be BTC0.17 a DIFFERENCE of BTC0.063 per unit HOWEVER if the price of btc goes back up past $750 then i will refund the full amount of the Difference paid. BTC1 =  Unless ya have a different idea. |
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csmflynt3
Member
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Activity: 86
Merit: 10
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February 14, 2014, 11:59:31 AM |
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That seems to make the most sense to me. So we owe an additional .063 BTC for each miner correct?
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BTC:1PRRFbgyBCDwg11HQvUnc2jV6QyYQdymrc
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demonmaestro (OP)
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February 14, 2014, 12:02:22 PM |
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That seems to make the most sense to me. So we owe an additional .063 BTC for each miner correct?
Yes. I will send out a PM to all clients about this. The Deadline is still Sunday 12:00pm CST. |
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HolyScott
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February 14, 2014, 12:42:54 PM |
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Umm, right now the price of bitcoin on several exchanges is about $630 * .17 = $107.10 A difference of $22 over the $85 purchase price. I feel thats little extreme for an item that is suppose to cost $85.00. 10 Units x $22.00 $220 is a fairly big cost difference.
Dunno
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demonmaestro (OP)
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February 14, 2014, 12:53:26 PM |
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Umm, right now the price of bitcoin on several exchanges is about $630 * .17 = $107.10 A difference of $22 over the $85 purchase price. I feel thats little extreme for an item that is suppose to cost $85.00. 10 Units x $22.00 $220 is a fairly big cost difference.
Dunno
Indeed. What my plan is truly is come sunday at 12:00pm CST is what ever the difference is to pay it back. so in all actually you will be paying $85.00. Its just high right now so just in case. |
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BorisAlt
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February 14, 2014, 01:12:25 PM |
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Demon, I am still deciding (before Sunday deadline) what to do. I have paid for 9 miners so far. PMd you with details.
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drof69
Newbie
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Activity: 20
Merit: 0
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February 14, 2014, 01:38:09 PM |
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I'll have to move some USD to BTC, but it's not a big deal considering the volatility of BTC right now. More than willing to help.
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dyland
Full Member
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Activity: 238
Merit: 100
We must become the pitiless censors of ourselves.
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February 14, 2014, 03:07:38 PM |
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Umm, right now the price of bitcoin on several exchanges is about $630 * .17 = $107.10 A difference of $22 over the $85 purchase price. I feel thats little extreme for an item that is suppose to cost $85.00. 10 Units x $22.00 $220 is a fairly big cost difference.
Dunno
Yeah, the math is hurting me: I paid 2.14 BTC@around 750.00 for 20 units = ~ $1605.00. + new charge difference with BTC drop for me [.063X20] 1.26X~$625.00= $787.50 Sum of Group buy Price: ~$2392.00 Sum of Price on Dual Miner Site: ~$1842.00 Delta of Group Buy: ~$550.00 Arrgh...I'll let you know by Sunday.  |
Blackcoin ~ 10 second transactions (fastest coin) ~ 100% proof of stake (the first) ~ No wasteful mining (most efficient)
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Nezcoin
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Activity: 13
Merit: 0
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February 14, 2014, 05:25:28 PM |
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Price is climbing back up, slowly, we might not have to do any thing by Sunday.
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milly6
Legendary
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Activity: 1632
Merit: 1010
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February 14, 2014, 06:12:30 PM |
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Umm, right now the price of bitcoin on several exchanges is about $630 * .17 = $107.10 A difference of $22 over the $85 purchase price. I feel thats little extreme for an item that is suppose to cost $85.00. 10 Units x $22.00 $220 is a fairly big cost difference.
Dunno
Seems to be a little excessive atm with the price on preev at 678. 678 x 0.126 = $85 |
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stex2009
Legendary
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Activity: 1134
Merit: 1000
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February 14, 2014, 06:38:14 PM |
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Umm, right now the price of bitcoin on several exchanges is about $630 * .17 = $107.10 A difference of $22 over the $85 purchase price. I feel thats little extreme for an item that is suppose to cost $85.00. 10 Units x $22.00 $220 is a fairly big cost difference.
Dunno
Indeed. What my plan is truly is come sunday at 12:00pm CST is what ever the difference is to pay it back. so in all actually you will be paying $85.00. Its just high right now so just in case.When do you order ? sunday ? I am fine with giving you the difference and you refund back the overpayment. I think ~ $700/BTC range may be a good time to order ? |
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btcshiner
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February 14, 2014, 07:28:45 PM |
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Umm, right now the price of bitcoin on several exchanges is about $630 * .17 = $107.10 A difference of $22 over the $85 purchase price. I feel thats little extreme for an item that is suppose to cost $85.00. 10 Units x $22.00 $220 is a fairly big cost difference.
Dunno
Indeed. What my plan is truly is come sunday at 12:00pm CST is what ever the difference is to pay it back. so in all actually you will be paying $85.00. Its just high right now so just in case.When do you order ? sunday ? I am fine with giving you the difference and you refund back the overpayment. I think ~ $700/BTC range may be a good time to order ? Agreed at some poit we probably want to lock in a decent fiat price. |
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demonmaestro (OP)
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February 15, 2014, 12:29:34 PM |
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Umm, right now the price of bitcoin on several exchanges is about $630 * .17 = $107.10 A difference of $22 over the $85 purchase price. I feel thats little extreme for an item that is suppose to cost $85.00. 10 Units x $22.00 $220 is a fairly big cost difference.
Dunno
Indeed. What my plan is truly is come sunday at 12:00pm CST is what ever the difference is to pay it back. so in all actually you will be paying $85.00. Its just high right now so just in case.When do you order ? sunday ? I am fine with giving you the difference and you refund back the overpayment. I think ~ $700/BTC range may be a good time to order ? Agreed at some poit we probably want to lock in a decent fiat price. How about whatever BTC price is at 12pm CST saturday.? |
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BorisAlt
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February 15, 2014, 01:34:56 PM |
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I keep hearing speculations that once MtGox reopens withdrawals the price will jump. Should we wait till Tuesday ? Demon thanks for PM on 9 paid miners. The second message that lists summary of orders now shows substantial deficit 227/300  Will you be able to order even if the price gets above $700? |
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demonmaestro (OP)
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February 15, 2014, 05:22:48 PM
Last edit: February 15, 2014, 05:36:47 PM by demonmaestro |
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I keep hearing speculations that once MtGox reopens withdrawals the price will jump. Should we wait till Tuesday ? Demon thanks for PM on 9 paid miners. The second message that lists summary of orders now shows substantial deficit 227/300 Will you be able to order even if the price gets above $700? well i wont have enough BTC to cover the full 300. So unless prices jump over $750 I will be refunding all btc.  |
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akeetlebeetle
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February 15, 2014, 10:36:04 PM |
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I keep hearing speculations that once MtGox reopens withdrawals the price will jump. Should we wait till Tuesday ? Demon thanks for PM on 9 paid miners. The second message that lists summary of orders now shows substantial deficit 227/300 Will you be able to order even if the price gets above $700? well i wont have enough BTC to cover the full 300. So unless prices jump over $750 I will be refunding all btc. Couldn't you just continue the group buy until you have enough (either from more orders or higher price - or a combination?) |
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demonmaestro (OP)
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February 15, 2014, 10:38:29 PM |
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I keep hearing speculations that once MtGox reopens withdrawals the price will jump. Should we wait till Tuesday ? Demon thanks for PM on 9 paid miners. The second message that lists summary of orders now shows substantial deficit 227/300 Will you be able to order even if the price gets above $700? well i wont have enough BTC to cover the full 300. So unless prices jump over $750 I will be refunding all btc. Couldn't you just continue the group buy until you have enough (either from more orders or higher price - or a combination?) well a higher price would be the only way |
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ManeBjorn
Legendary
Offline
Activity: 1288
Merit: 1004
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February 15, 2014, 10:51:41 PM |
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I agree. Please keep it open until you have enough. Mid week I will be able to afford one as well to help out the group buy. If things go well I may even be able to do 2 of them. I keep hearing speculations that once MtGox reopens withdrawals the price will jump. Should we wait till Tuesday ? Demon thanks for PM on 9 paid miners. The second message that lists summary of orders now shows substantial deficit 227/300 Will you be able to order even if the price gets above $700? well i wont have enough BTC to cover the full 300. So unless prices jump over $750 I will be refunding all btc. Couldn't you just continue the group buy until you have enough (either from more orders or higher price - or a combination?) |
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demonmaestro (OP)
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February 15, 2014, 10:54:19 PM |
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I agree. Please keep it open until you have enough. Mid week I will be able to afford one as well to help out the group buy. If things go well I may even be able to do 2 of them. I keep hearing speculations that once MtGox reopens withdrawals the price will jump. Should we wait till Tuesday ? Demon thanks for PM on 9 paid miners. The second message that lists summary of orders now shows substantial deficit 227/300 Will you be able to order even if the price gets above $700? well i wont have enough BTC to cover the full 300. So unless prices jump over $750 I will be refunding all btc. Couldn't you just continue the group buy until you have enough (either from more orders or higher price - or a combination?) But okay then how would you say i get the money for the folks that have already paid? |
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ManeBjorn
Legendary
Offline
Activity: 1288
Merit: 1004
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February 15, 2014, 11:03:20 PM |
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I know what you are saying. I don't have an answer. The way BTC rates are going up again finally maybe another week before doing a refund will get you to the level you need to order. MTGoX really has screwed everything up badly. I agree. Please keep it open until you have enough. Mid week I will be able to afford one as well to help out the group buy. If things go well I may even be able to do 2 of them. I keep hearing speculations that once MtGox reopens withdrawals the price will jump. Should we wait till Tuesday ? Demon thanks for PM on 9 paid miners. The second message that lists summary of orders now shows substantial deficit 227/300 Will you be able to order even if the price gets above $700? well i wont have enough BTC to cover the full 300. So unless prices jump over $750 I will be refunding all btc. Couldn't you just continue the group buy until you have enough (either from more orders or higher price - or a combination?) But okay then how would you say i get the money for the folks that have already paid? |
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