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Author Topic: BitForce SC - Pre order delay  (Read 9482 times)
BFL (OP)
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June 23, 2012, 04:10:10 AM
 #1

We've been flooded with emails echoing some of the same suggestions here on the forum regarding the best way to determine order priority.  I'm writing now in case any of you had been staying up waiting for the order form posting tonight.  We're going to sleep on it and post tomorrow, but at the moment we're leaning towards a system that satisfies the two most significant arguments which are first come first serve & the lottery style distribution.

The way we're proposing it would work is that the orders are taken and tagged in priority order.  When product is ready on any given day (let's say 40 units) half of them would go to the order priority list while the remainder 20 would go to randomly picked selections from the daily ship lottery.  

Also worth pointing out for anyone interested in participating tomorrow, orders will be taken only via Bit-Pay initially.  This is a special promotion with Bit-Pay to promote their BTC merchant account service and may give existing miners a bit of an upper hand in first wave delivery.  (alternate payment methods will be added within a few days).

Regards,
BFL

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June 23, 2012, 04:16:27 AM
 #2

The problem with the lottery method is that buyers who paid later could get there order filled prior to someone who had their money tied up for months.  I don't see any need to process orders differently then they have been.  It needs to be first come first served.

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June 23, 2012, 04:24:15 AM
 #3

The pre order prices will be the same published before in the press release?
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June 23, 2012, 04:25:38 AM
 #4

I think this looks to be a balanced approach.   I little priority and some random luck.  Thank you for listening to us.   We are trying to just bust your proverbial "balls" for no reason.   We want to support a great company, community and concept (the bitcoin) all at once.  So that means a little compromise from all of us and working together and most important, communicating.   Thank you.


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June 23, 2012, 04:36:47 AM
 #5

The end of GPU mining is near!!!  And PPS pools!

I am the Bitcoinica Hacker.
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June 23, 2012, 04:37:31 AM
 #6

We've been flooded with emails echoing some of the same suggestions here on the forum regarding the best way to determine order priority.  I'm writing now in case any of you had been staying up waiting for the order form posting tonight.  We're going to sleep on it and post tomorrow, but at the moment we're leaning towards a system that satisfies the two most significant arguments which are first come first serve & the lottery style distribution.

The way we're proposing it would work is that the orders are taken and tagged in priority order.  When product is ready on any given day (let's say 40 units) half of them would go to the order priority list while the remainder 20 would go to randomly picked selections from the daily ship lottery.  

Also worth pointing out for anyone interested in participating tomorrow, orders will be taken only via Bit-Pay initially.  This is a special promotion with Bit-Pay to promote their BTC merchant account service and may give existing miners a bit of an upper hand in first wave delivery.  (alternate payment methods will be added within a few days).

Regards,
BFL


Who would be represented in the daily lottery pool?  The orders of the day, the month?  Seems the lottery size and your sales volume will determine how effective this would be.
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June 23, 2012, 04:44:02 AM
 #7

[...]
Also worth pointing out for anyone interested in participating tomorrow, orders will be taken only via Bit-Pay initially.  This is a special promotion with Bit-Pay to promote their BTC merchant account service and may give existing miners a bit of an upper hand in first wave delivery.  (alternate payment methods will be added within a few days).

Regards,
BFL

"a bit of an upper hand"

Was that a pun?
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June 23, 2012, 04:45:02 AM
 #8

The problem with the lottery method is that buyers who paid later could get there order filled prior to someone who had their money tied up for months.  I don't see any need to process orders differently then they have been.  It needs to be first come first served.

Good point.

But then again, what if (hypothetically) the first ten people order 1000 Jalapenos?
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June 23, 2012, 04:51:01 AM
 #9

The problem with the lottery method is that buyers who paid later could get there order filled prior to someone who had their money tied up for months.  I don't see any need to process orders differently then they have been.  It needs to be first come first served.

Good point.

But then again, what if (hypothetically) the first ten people order 1000 Jalapenos?

You god damned know its gonna be like that.  The first 10 ppl are gonna buy a shit load ... they are gonna get rich, fast ... everyone else will catch up ... PPS will die, GPU will die and BTC is gonna be fucked!

I am the Bitcoinica Hacker.
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June 23, 2012, 04:51:40 AM
 #10


Better be careful with a lottery system often they are considered illegal, look what happen with Dot-Biz back in the 2001.

http://www.wired.com/techbiz/media/news/2001/07/45584?currentPage=all



BFL is a government funded operation, that wont happen to them.

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June 23, 2012, 04:59:17 AM
 #11

The problem with the lottery method is that buyers who paid later could get there order filled prior to someone who had their money tied up for months.  I don't see any need to process orders differently then they have been.  It needs to be first come first served.

Good point.

But then again, what if (hypothetically) the first ten people order 1000 Jalapenos?

There should be an order limit per person. That would be healthier for bitcoin than a lottery system.

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June 23, 2012, 05:04:06 AM
 #12

We've been flooded with emails echoing some of the same suggestions here on the forum regarding the best way to determine order priority.  I'm writing now in case any of you had been staying up waiting for the order form posting tonight.  We're going to sleep on it and post tomorrow, but at the moment we're leaning towards a system that satisfies the two most significant arguments which are first come first serve & the lottery style distribution.

The way we're proposing it would work is that the orders are taken and tagged in priority order.  When product is ready on any given day (let's say 40 units) half of them would go to the order priority list while the remainder 20 would go to randomly picked selections from the daily ship lottery.  

Also worth pointing out for anyone interested in participating tomorrow, orders will be taken only via Bit-Pay initially.  This is a special promotion with Bit-Pay to promote their BTC merchant account service and may give existing miners a bit of an upper hand in first wave delivery.  (alternate payment methods will be added within a few days).

Regards,
BFL

Would you consider randomizing the order priority for the first day in order to make it a little less stressful and difficult for people in difficult timezones? You can still use the 50/50 lottery system after that, but it will be a madhouse around the time that preorders open.
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June 23, 2012, 05:08:14 AM
 #13

will there be a direct BTC pay option?

or will i have to transfer btc to another location in order to transfer for pay?

it would be nice to know these details before having to wait on multiple btc confirmations...
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June 23, 2012, 05:30:29 AM
 #14

Will the BitPay payment form support trading in Singles? Can I specify that I want to trade in a Single and only pay you $700 in btc right now for a SC Single?

+1

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June 23, 2012, 05:40:57 AM
 #15

will there be a direct BTC pay option?

or will i have to transfer btc to another location in order to transfer for pay?

it would be nice to know these details before having to wait on multiple btc confirmations...


- Bit Pay provides a seamless BTC payment solution in line with your order placement.  It's pretty impressive.

- The trade in upgrade option is built into the order form.


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June 23, 2012, 05:44:09 AM
 #16

BFL - what about those of us who have an existing order for regular singles, and want to switch it around to the new ones?  Should I put in an order and just not pay for it?  Or...?
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June 23, 2012, 05:45:00 AM
 #17

How would you like to see BFL handle priority?

Vote here:

[POLL] BFL Order Position
https://bitcointalk.org/index.php?topic=89147.0

One thing is for sure, for their own sakes they better have a pretty solid policy on how they will handle order positions before they start taking payment or they will continue to be flooded with email. It's in their best interests for them to take a breather and make sure all their ducks are in row before starting.
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June 23, 2012, 05:49:24 AM
 #18

- The trade in upgrade option is built into the order form.

 Grin

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June 23, 2012, 05:58:34 AM
 #19

Yeah,I thought we had another 2 months at least,dangit................ Angry

I got hacked on MTgox for $200 a few weeks ago & was hoping for that time to make up my loss & be able to trade my single in with cash for a 40 gig model.........guess not.

I'll have to settle for a few jalapeno's for now,so goes life................ Sad

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June 23, 2012, 06:23:23 AM
 #20

Nice! I don't have enough BTC, just cash so no ASIC for me. The wait is going to be too long when they accept dollars. (plus again paying four months before shipment)
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