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Topic: 5 x Avalon Batch 2 starting at 125BTC each - page 2. (Read 2861 times)

legendary
Activity: 1176
Merit: 1001
Heres my offer.

1 unit for 100 BTC using escrow and I'll cover the overnight cost to ship the unit from the datacenter to my location once it arrives there.


If all goes well I will buy the remaining units within 3 business days of receiving my first one and I'll pay the same 6500 for each of them.

Your offer is below my opening price, plus I don't have any way to be sure that you will not claim to have received an empty box from me. Other than this, 10btc of difference for being in batch 2 instead of batch 3 is really ridiculous and I want a btc fixed price, not depending on usd. I was offering the same 5 units for the same 150btc each one month ago while the price was 30$/btc.
In other words, thank you, but no, thank you.
member
Activity: 112
Merit: 10
Heres my offer.

1 unit for 100 BTC using escrow and I'll cover the overnight cost to ship the unit from the datacenter to my location once it arrives there.


If all goes well I will buy the remaining units within 3 business days of receiving my first one and I'll pay the same 6500 for each of them.

legendary
Activity: 1176
Merit: 1001
Fair Enough.    It is an interesting theory but even the week your escrow structure could cause in delay would really change the math.   Good luck, please keep us updated it will be interesting to see if someone will pay that much of a premium for it.
The premium is already priced in by the batch 3 costs. During the "week" while there is the turnover with the escrow, the units will mine and the mined will go to the buyer, if everything concludes successfully.
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
Fair Enough.    It is an interesting theory but even the week your escrow structure could cause in delay would really change the math.   Good luck, please keep us updated it will be interesting to see if someone will pay that much of a premium for it.
legendary
Activity: 1176
Merit: 1001
This is how I priced the unit:
Batch 3 will go for 90btc. Batch 2 customers like me will enjoy 15-30 days of mining before batch 3 hits the market. If your order is at the end of batch 3, this could be as much as 45 days. During these ~30 days the Avalon would mine around 50 btc. So we reach 140 btc. Seems fair to me.
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
Unless this is a Dutch auction, you have probably set the price a little high.   Even at current btc prices (and assuming they stabilize and HOLD this price), it would take months to make your price back and every week that more capacity came on while we were dicking around with escrow and getting the boxes moved etc. would just make this even worse.   You probably should have asked $5,000 and seen if people would bite or take it higher.   and spun it like "why wait to pre-order on friday, when for the same price you can get one today?Huh"
legendary
Activity: 1176
Merit: 1001
Yeah, it sure is refreshing knowing some people are even more paranoid than I am... it almost makes me feel normal... almost.

Heh, seriously though, given your mention of the Italian community I was hoping the DC was somewhere in Europe and I was going to ask if I could do the deal in person to mitigate the escrow issue, but that side of the pond is no good for me.

Unfortunately i decided not to ship the units to my home since that i was afraid of having to pay the VAT, to have customs issues and of a big energy costs. Iceland (thor datacenter) was even more expensive. I'm sorry if it's a deal breaker for your but i understand it. Thank you for your interest.
legendary
Activity: 1540
Merit: 1002
Yeah, it sure is refreshing knowing some people are even more paranoid than I am... it almost makes me feel normal... almost.

Heh, seriously though, given your mention of the Italian community I was hoping the DC was somewhere in Europe and I was going to ask if I could do the deal in person to mitigate the escrow issue, but that side of the pond is no good for me.
legendary
Activity: 1176
Merit: 1001
Where is this datacenter?
The datacenter is in LA. I will not provide the name of the datacenter because it's relatively small (even if in business since 2006) and i'm afraid that with some social engineering you could gain access to my account.
legendary
Activity: 1540
Merit: 1002
Where is this datacenter?
legendary
Activity: 1176
Merit: 1001
Downsides of opening a thread on the auction section: i cannot change the title. The starting price is 150BTC, not 125.
I'm sorry but i think i will write a lot of corrections as time goes on.
legendary
Activity: 1176
Merit: 1001
Avalon announced that the unit cost of their third batch will start from 90BTC (67GH/s + Power Supply). I'm auctioning 5 units i have from the second batch starting from 150BTC each. Given the cost that Avalon applies to their third batch, i believe the opening price of this auction to be fair.
What is unfair of this auction is that i don't want to use an escrow. Selling this order, with the inability of changing the destination address, is a mess by his own. Using an escrow would make it almost impossible from my point of view.
Each unit will go for his own price, you can bid for the Avalons individually. In case a single individual bids for the all of 5 with a winning price, we can consider to use an escrow. The escrow will have in this case to release the founds right after the units arrives at the datacenter i'm shipping them to, i can route the control of my account with the datacenter to the escrow that will route that to you after releasing my founds. This is only viable way i know of using an escrow in this auction. (I cannot sell parts of my account to several people).
In case the units are purchased by more than one single individual, i will keep control of the account and give you access to the avalon so that you can point it to the pool of your choice. In this case you will have to pay me 100$/month via BTC since that i will pay the datacenter costs for you. I'm not interested into reshipping the units, i will keep control over it. I don't want to pay the datacenter to ship the avalon to you and you claiming that you received an empty box.

About my identity, you can check my username online, i use it from years. You can add me on facebook and ask my friends if they know me, you can send something at the postal address listed on "cedivad.com" to see if it's really me receiving whatever you send. I can let you VPN into my pc while i login to MTGOX where i have a verified account (they verified my residential location). All of this stuff is possible. If you have other ideas, let me know, i will evaluate them (if you win the auction and refuse to proceed otherwise). I know a few people of the italian community personally since that we do a monthly meetup in Padua, you can ask them about me if you want to.

So, summing it up.

If you bid for all of 5 the units:
-We use an escrow that will take control of my account at the datacenter that will receive the shipment and route that to you once that he verified that the avalon are in fact there.

If you bid for less than 5 units:
-We will not use an escrow and you will have to find other ways to verify my identity and trust me with this (let me say it) shitload of money.
-I will let your avalon online mining as long as you keep paying me 100$/month via BTC.
-Once that i receive your founds you are free to have your unit shipped to your home from the datacenter.

Auction ends 5 days after batch #3 orders opens. Late offers will extend the auction time by a minimal required amount, so that late bidders can bid.

Have a nice auction.
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