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Author Topic: HD5870 for sale  (Read 2053 times)
Rggoalie3
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May 23, 2011, 12:30:46 AM
 #1

Hello, I am a small business owner who is interested in beginning to accept bitcoins as payment. To start off, I would like to offer an ASUS Radeon HD 5870 Graphics Card. I understand that I'm a newbie on these boards, so if you are interested, please PM me and I will give you the name of my company and proof that I do in fact own it. So anyhow, enough backstory...

I am offering an ASUS HD5870 for 51 BTC /w US shipping via FedEx Ground included.

Was demoing a possible business model. Epic failure.  Smiley

Tips always welcome! Smiley
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May 23, 2011, 12:37:45 AM
 #2

That's a significant premium. Any reason why it's far more expensive than most other online stores?

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Rggoalie3
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May 23, 2011, 01:00:35 AM
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I based my pricing off of Amazon. Correct me if I'm wrong, but current exchange rate is about $6.50USD/BTC. And I'll need a little more for shipping...

Amazon: http://www.amazon.com/PCI-Express-EAH5870-2DIS-1GD5-V2/dp/B003XU73KO/ref=sr_1_4?ie=UTF8&qid=1306083482&sr=8-4

Tips always welcome! Smiley
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klamathonsite
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May 23, 2011, 01:07:05 AM
 #4

it is hard to ask one price BTC when the exchange on it changes every hour try to go by the lowest it has been 5.70 and try to give slight break and maybe it wont be seen as
over priced  I could be looking at it wrong but its hard to sell when lets say You ask 61 BTC @ $6.50 1 hour next  hour its under $3 or some thing now you really lose
so some where the people pinching the BTC to tight needs to realize that specially if you use clearcoin for transaction and theres going to be at lest 3-5 delay before you may ever see your agreed apon price. and you may win on the value or break even or lose out totaly.

so i guess if some one is interested try to meet in the middle work out details Dont know if thsi helps but i notice on the selling forums its allot like craigslist for yard sale kinda prices they are looking to spend but they are not willing to put up with out the escrow which in return can make or break a deal.

Food for thought.
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May 23, 2011, 01:26:07 AM
 #5

Ah, Amazon is charging much more than everyone else for that card. No idea why.

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Rggoalie3
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May 23, 2011, 02:04:22 AM
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Ah, Amazon is charging much more than everyone else for that card. No idea why.

Looks like you are right. Sorry, don't sell graphics cards often and I wasn't aware of the currently market price for the card. Amazon and Ingram prices matched, so I thought I was good. I have adjusted the price to 51 BTC. Seems fair for the market right now.

Tips always welcome! Smiley
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hardly
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May 23, 2011, 02:12:18 AM
 #7

you want over $300 for a card that generally sells for around $200 used. Good luck, man.

Feel like being generous? I'll <3 you forever Cheesy 1JHckLQ9ed9YntYpsCAxsDQpuhnc7DYTSk
Rggoalie3
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May 23, 2011, 02:17:21 AM
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you want over $300 for a card that generally sells for around $200 used. Good luck, man.

Where do you guys find these numbers? The best half way reputable dealer I could find was right at $300 with me. Perhaps it is the currencies volatility...

Perhaps I should have mentioned that they aren't used. They are new inbox???

Tips always welcome! Smiley
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May 23, 2011, 02:24:19 AM
 #9

Well, now you're at $350 or so, so you're still quite a bit above them. Tongue

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Rggoalie3
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May 23, 2011, 02:31:51 AM
 #10

Well, now you're at $350 or so, so you're still quite a bit above them. Tongue
Yea, this is a serious problem. Not the market is at $7.5/BTC when it was 6.5 not an hour ago. Don't think I can sustain a business model with this. Well, thats why I do demos!

Tips always welcome! Smiley
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MrGaSp
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May 23, 2011, 04:32:44 AM
 #11

You could state 300USD in BTC?  That way your price stays pretty much stable, as long as the USD doesn't fluctuate, or crash Wink

hardly
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May 23, 2011, 05:34:12 AM
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you want over $300 for a card that generally sells for around $200 used. Good luck, man.

Where do you guys find these numbers? The best half way reputable dealer I could find was right at $300 with me. Perhaps it is the currencies volatility...

Perhaps I should have mentioned that they aren't used. They are new inbox???

Check any computer hardware forum that has a buy/sell section. They generally sell for $175-$215 shipped.

Feel like being generous? I'll <3 you forever Cheesy 1JHckLQ9ed9YntYpsCAxsDQpuhnc7DYTSk
drgr33n
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May 23, 2011, 01:51:56 PM
 #13

I'm currently working on something that may interest you. A zen cart module that takes payment in bitcoins and has the ability to sell the coins for cash in realtime. I've got so much on atm so progress is slow. I'll be posting in the project dev forum once complete.
Rggoalie3
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May 23, 2011, 03:40:05 PM
 #14

you want over $300 for a card that generally sells for around $200 used. Good luck, man.

Where do you guys find these numbers? The best half way reputable dealer I could find was right at $300 with me. Perhaps it is the currencies volatility...

Perhaps I should have mentioned that they aren't used. They are new inbox???

Check any computer hardware forum that has a buy/sell section. They generally sell for $175-$215 shipped.

Ok, you are talking about used equipment from a random internet seller not new equipment from a reputable dealer. Granted, I'm just a random internet seller to you all, and thats why I offered to give you my company's info for verification. But at the end of the day, I did this to see if offering a static price for a new inbox product with a fairly slim margin was viable not to profit from this sale and I got my answer. Smiley Sorry if I insulted you, that wasn't my intention.

I'm currently working on something that may interest you. A zen cart module that takes payment in bitcoins and has the ability to sell the coins for cash in realtime. I've got so much on atm so progress is slow. I'll be posting in the project dev forum once complete.
Please PM me when you complete this. I think this would help resolve some of my issues. I'm a pretty adventurous SMB and I'm interested in bitcoins, but this exchange rate is killer. I don't even mind holding the coins so much honestly. The currency seems to be gaining real value and I believe that the long term value will end up in the $10+/BTC, perhaps higher depending on what happens with the dollar. But the fact that as a potential seller, your customer's own interpreted value for a bit coin changes +/- 20% in a DAY is a serious issue that I'm not sure even can be addressed. What do you do if the customer wants to use an escrow service? That takes 5+ days and in the last 5 days the currency has swung 40%. With that kind of swing, how can you ever hope to open an Amazon.com type of store?

Tips always welcome! Smiley
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Inaba
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May 23, 2011, 05:06:50 PM
 #15

The problem is, these cards can be had new when they are in stock for less than $200.  I just bought 4 of them at Microcenter for $199 after rebate. Granted, I have to go through the rebate hassle, but for me that's not a big deal.  I've always had good luck with rebates.  Had to pay taxes, too, which sucks, but hey... for $199 it's worth it.

I bought a whole mess of 5870's a couple months ago for $135 - $150 a piece used, as well.

*EDIT*

Just bought another two at $199 w/o rebate with the Visiontek giant HSF on them... good deal!

If you're searching these lines for a point, you've probably missed it.  There was never anything there in the first place.
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May 24, 2011, 04:48:31 AM
 #16

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