24 hour auction for 85/Ghs Avalon (4 module+PSU)

twitami1

full member

Activity: 322

Merit: 102

Quote from: Kárhozat on June 19, 2013, 08:54:53 AM

Quote from: Garr255 on June 19, 2013, 05:13:22 AM

Wow I wish I would have seen this earlier... would have happily bumped it up to BTC100 if there were contenders!

Well, you can get one for BTC104 right here.
https://bitcointalksearch.org/topic/avalon-4-module-batch-3-237825

Well, you can get an ORDER for one is a more correct description. It may never actually show-up, who knows.

Kárhozat

newbie

Activity: 24

Merit: 0

Quote from: Garr255 on June 19, 2013, 05:13:22 AM

Wow I wish I would have seen this earlier... would have happily bumped it up to BTC100 if there were contenders!

Well, you can get one for BTC104 right here.
https://bitcointalksearch.org/topic/avalon-4-module-batch-3-237825

one4many

hero member

Activity: 516

Merit: 500

Quote from: Eisenhower34 on June 19, 2013, 05:21:21 AM

Now that the auction is over, may I ask why people would still bid that much for a preorder? I mean it will take a year to get your initial BTC investment back and you have 0 promise that the price will stay as high as it is right now...

its a preorder so you cannot start right now. so take a 4 to 8 weeks delivery time, you make 4 BTC / month which will reduce maybe even half every month.

4BTC / mo
2BTC / mo
1BTC / mo
...

Maybe im not uptodate with the promised delivery times so whats the newest date?

Let's assume the buyer gets his Avalon when we hit a diff of 40 M (double of what it is today) with 85 Gh/s:
The calculation will look like this to him:

Code:

BTC/Day: ฿ 1.07 $/Day: $ 116.13
BTC/Wk.: ฿ 7.48 $/Wk.: $ 812.93
BTC/Mo.: ฿ 32.49 $/Mo.: $ 3530.45
BTC/Yr.: ฿ 390.33 $/Yr.: $42417.60

My guess with ever increasing diff ..... that he gets total ROI in 3 to 4 months.

bitdaniel

sr. member

Activity: 266

Merit: 250

Quote from: Eisenhower34 on June 19, 2013, 05:21:21 AM

Now that the auction is over, may I ask why people would still bid that much for a preorder? I mean it will take a year to get your initial BTC investment back and you have 0 promise that the price will stay as high as it is right now...

its a preorder so you cannot start right now. so take a 4 to 8 weeks delivery time, you make 4 BTC / month which will reduce maybe even half every month.

4BTC / mo
2BTC / mo
1BTC / mo
...

Maybe im not uptodate with the promised delivery times so whats the newest date?

4 BTC per Months? Where have you been at maths? Cheesy

Eisenhower34

legendary

Activity: 906

Merit: 1002

Now that the auction is over, may I ask why people would still bid that much for a preorder? I mean it will take a year to get your initial BTC investment back and you have 0 promise that the price will stay as high as it is right now...

its a preorder so you cannot start right now. so take a 4 to 8 weeks delivery time, you make 4 BTC / month which will reduce maybe even half every month.

4BTC / mo
2BTC / mo
1BTC / mo
...

Maybe im not uptodate with the promised delivery times so whats the newest date?

Garr255

legendary

Activity: 938

Merit: 1000

What's a GPU?

Wow I wish I would have seen this earlier... would have happily bumped it up to BTC100 if there were contenders!

bowen151

hero member

Activity: 658

Merit: 500

Caveat Emptor

Bargain hunter! What a deal.

Matthew N. Wright

hero member

Activity: 588

Merit: 500

Hero VIP ultra official trusted super staff puppet

Quote from: Rampion on June 19, 2013, 05:09:12 AM

To the winner: congrats for the super cheap Avalon.

This. I broke even considering the previous sales of the second unit shares for a profit, but someone *did* get a dirt cheap Avalon from this!

Rampion

legendary

Activity: 1148

Merit: 1018

To the winner: congrats for the super cheap Avalon.

Matthew N. Wright

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Hero VIP ultra official trusted super staff puppet

LongWait4BFL, Eisehnower34 is correct. It is my fault for being late with my post, however the rules before my post supersede meaning that the auction was over when I posted the last update (my phone had water on the screen and it wasn't letting me type fast enough).

The 1 minute remaining was a reminder to people that there had been roughly a minute left on the timer. It is correct that you posted a few seconds too late. Better luck next time!

LongWait4BFL

newbie

Activity: 19

Merit: 0

Quote from: Eisenhower34 on June 19, 2013, 05:03:07 AM

Quote from: LongWait4BFL on June 19, 2013, 04:57:05 AM

I can see that, but I didn't post my message in the last minute because seller did that.
I clicked post message within the original time limit and when a seller updated the thread, it suggested I should read new messages in the thread before posting mine.

There were 30 minutes between your post and the last valid bid, so dont say you werent sniping...

Quote from: LongWait4BFL on June 19, 2013, 04:57:05 AM

I'm essentially being punished because I was reading an update from the seller saying there was still a minute! I wasn't even sniping, just reading the information provided (1 minute remaining!), and my bid was still within the minute as specified by the seller.

You should work on your English because he didnt say that. He said new bids would have 1 min to be outbid by even new bids.

Quote from: LongWait4BFL on June 19, 2013, 04:57:05 AM

You really think it's fare?!

Yes, i think its fair.

I came online 4 minutes before I posted it, so I wasn't sniping because it can be easily proven that I was having dinner and just came back. There are also stats showing when I came online, so I will say it, because it's a fact.

I suggest you work on your advice giving skills, because "1 minute remaining" says exactly that

Eisenhower34

legendary

Activity: 906

Merit: 1002

Quote from: LongWait4BFL on June 19, 2013, 04:57:05 AM

I can see that, but I didn't post my message in the last minute because seller did that.
I clicked post message within the original time limit and when a seller updated the thread, it suggested I should read new messages in the thread before posting mine.

There were 30 minutes between your post and the last valid bid, so dont say you werent sniping...

Quote from: LongWait4BFL on June 19, 2013, 04:57:05 AM

I'm essentially being punished because I was reading an update from the seller saying there was still a minute! I wasn't even sniping, just reading the information provided (1 minute remaining!), and my bid was still within the minute as specified by the seller.

You should work on your English because he didnt say that. He said new bids would have 1 min to be outbid by even new bids.

Quote from: LongWait4BFL on June 19, 2013, 04:57:05 AM

You really think it's fare?!

Yes, i think its fair.

LongWait4BFL

newbie

Activity: 19

Merit: 0

Quote from: Eisenhower34 on June 19, 2013, 04:49:27 AM

the seller only wanted to "update" his thread, to show highest bid and to lower this "sniper protection".

Quote from: LongWait4BFL on June 19, 2013, 04:41:40 AM

The title says 24hours and not number of seconds, and seller was acting as a counter this whole time.
I could've posted my bid a minute sooner, but his message pooped up saying that there still was another minute...

There is no point to place your bid in the last second when the deadline gets extended. So I think its just fair that you lost. Im sorry for you, but the rules were clear.

I can see that, but I didn't post my message in the last minute because seller did that.
I clicked post message within the original time limit and when a seller updated the thread, it suggested I should read new messages in the thread before posting mine.
I'm essentially being punished because I was reading an update from the seller saying there was still a minute! I wasn't even sniping, just reading the information provided (1 minute remaining!), and my bid was still within the minute as specified by the seller. You really think it's fare?!

Eisenhower34

legendary

Activity: 906

Merit: 1002

and if you read Matthews message he clearly says: "And bids will increase the end if the auction 1 minute from the last bid."

He doesnt say "the auction ends in 1 minute"

Eisenhower34

legendary

Activity: 906

Merit: 1002

the seller only wanted to "update" his thread, to show highest bid and to lower this "sniper protection".

Quote from: LongWait4BFL on June 19, 2013, 04:41:40 AM

The title says 24hours and not number of seconds, and seller was acting as a counter this whole time.
I could've posted my bid a minute sooner, but his message pooped up saying that there still was another minute...

There is no point to place your bid in the last second when the deadline gets extended. So I think its just fair that you lost. Im sorry for you, but the rules were clear.

LongWait4BFL

newbie

Activity: 19

Merit: 0

I think that the bid counts because the seller indicated there was a minute left!

LongWait4BFL

newbie

Activity: 19

Merit: 0

The title says 24hours and not number of seconds, and seller was acting as a counter this whole time.
I could've posted my bid a minute sooner, but his message pooped up saying that there still was another minute...

Eisenhower34

legendary

Activity: 906

Merit: 1002

Quote from: LongWait4BFL on June 19, 2013, 04:37:20 AM

How come? You said one minute, and my post is within that minute.

Looks like you didnt understand the rules...

Quote from: Charles999 on June 19, 2013, 04:02:12 AM

63

last possible bid would have been 09:32:12 AM... and then incremented in 1 minute steps deadlines. You passed this limit by 24 seconds...

Quote from: LongWait4BFL on June 19, 2013, 04:32:36 AM

64

LongWait4BFL

newbie

Activity: 19

Merit: 0

How come? You said one minute, and my post is within that minute.

Matthew N. Wright

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Merit: 500

Hero VIP ultra official trusted super staff puppet

Quote from: Charles999 on June 19, 2013, 04:33:53 AM

This Bid is late. Please review the time.

Quote from: LongWait4BFL on June 19, 2013, 04:32:36 AM

64

You're right, I took too long to post from my wet iphone screen. You won the auction!

Thanks everyone for participating and if you could send me mailing address, delivery phone and emergency email, I'll send you a bitcoin address for immediate payment.

Cheers

Topic: 24 hour auction for 85/Ghs Avalon (4 module+PSU) (Read 4146 times)