63Ghash/s for 2 Month from Avalon Batch #3

shibaji

full member

Activity: 308

Merit: 102

Quote from: Rampion on April 01, 2013, 03:02:41 AM

Quote from: shibaji on March 31, 2013, 08:28:47 PM

I do not see anything wrong in this thread in the light of this thread: https://bitcointalksearch.org/topic/selling-my-2-avalons-preoders-159704

1.8X already!

It's very different: with CoinHoarder you get a piece for Avalon for life, not for 60 days. In the post you point out the bid is for a batch 2 Avalon for life, not for 60 days. That's the crucial point.

Then, OP says this is about risk sharing - false, this is about guaranteeing him profit

He would b/e immediately on the machine, getting 13.25BTC profit for the first two months + a 100% paid machine after that. No risk at all for OP, and a timeframe in which is almost impossible to b/e for investors (60 days)

hmm ... I linked incorrectly, but of course you got the right intent. Yes, the 60 days is bad. If that clause is taken out (for life), then things are equivalent.

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: shibaji on March 31, 2013, 08:28:47 PM

I do not see anything wrong in this thread in the light of this thread: https://bitcointalksearch.org/topic/selling-my-2-avalons-preoders-159704

1.8X already!

It's very different: with CoinHoarder you get a piece for Avalon for life, not for 60 days. In the post you point out the bid is for a batch 2 Avalon for life, not for 60 days. That's the crucial point.

Then, OP says this is about risk sharing - false, this is about guaranteeing him profit

He would b/e immediately on the machine, getting 13.25BTC profit for the first two months + a 100% paid machine after that. No risk at all for OP, and a timeframe in which is almost impossible to b/e for investors (60 days)

shibaji

full member

Activity: 308

Merit: 102

I do not see anything wrong in this thread in the light of this thread: https://bitcointalksearch.org/topic/selling-my-2-avalons-preoders-159704

1.8X already!

tempt

sr. member

Activity: 294

Merit: 262

Quote from: pikeadz on March 31, 2013, 07:25:29 PM

Quote from: tempt on March 31, 2013, 07:15:01 PM

lol, the meta of this forum is interesting. People with a sense of business get outcalled for doing so? I dont blame you.

Everything is a big if, so, if you can not afford to take the risk all of your own and buy a #3 unit, you may purchase shares of my avalon machine. I dont understand whats so wrong with that.

So keep lowering the price until you get some bites. The market will determine what is fair, even if it means you don't immediately cover the purchase price of your Avalon solely from shareholder buy-ins.

This is what I'm doing.

pikeadz

full member

Activity: 238

Merit: 100

Quote from: tempt on March 31, 2013, 07:15:01 PM

lol, the meta of this forum is interesting. People with a sense of business get outcalled for doing so? I dont blame you.

Everything is a big if, so, if you can not afford to take the risk all of your own and buy a #3 unit, you may purchase shares of my avalon machine. I dont understand whats so wrong with that.

So keep lowering the price until you get some bites. The market will determine what is fair, even if it means you don't immediately cover the purchase price of your Avalon solely from shareholder buy-ins.

tempt

sr. member

Activity: 294

Merit: 262

Quote from: yxt on March 31, 2013, 07:19:40 PM

@Rampion
My bad!

whats wrong?

Quote

I came here to share risks, not to make a killing.

But you rolls your complete risk onto your customer.
Call it unethical or extortion

Implying I am able to sell all shares.

yxt

legendary

Activity: 3528

Merit: 1116

@Rampion
My bad!

whats wrong?

Quote

I came here to share risks, not to make a killing.

But you rolls your complete risk onto your customer.
Call it unethical or extortion

tempt

sr. member

Activity: 294

Merit: 262

lol, the meta of this forum is interesting. People with a sense of business get outcalled for doing so? I dont blame you.

Everything is a big if, so, if you can not afford to take the risk all of your own and buy a #3 unit, you may purchase shares of my avalon machine. I dont understand whats so wrong with that.

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: yxt on March 31, 2013, 07:06:25 PM

1.25 x 25 - 38 x 1.5 = 88.25 -75 = 13.25

so you get you asic for 13.25BTC...for only 2 month not mining with it, nice try

Not exactly: he gets a guaranteed profit of 13.25BTC for the first two months, and after that he keeps 100% of the revenue generated by the machine.*

A nice try indeed.

*edit: he bought the machine for 75BTC, and he is selling the revenues generated by that machine in the first two months for 88.25BTC

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: tempt on March 31, 2013, 06:46:27 PM

Quote from: Rampion on March 31, 2013, 06:28:56 PM

12m difficulty in mid/end may (Avalon expected delivery date) seems overly optimistic, I would consider at least an increase of x2 of current difficulty (which would be aprox. 14m)

Difficulty will probably grow very fast in the following two months, and you considered 12m for the whole 60 days period

At advertised share prices is very likely investors won't break even in such a short time frame you propose (only 60 days)

Good deal for you and very bad for your investors, unfortunately.

I agree. I have lowered the prices, so that even with a difficulty of 18million you would make profit. As I said, I came here to share risks, not to make a killing.

Shares are still expensive because of the limited time frame to b/e (just 60 days)

Consider now how the 1200 Batch 2+3 units will impact network hash rate at the same time you'll receive your unit:

65GHs x 1200 = 78000GHs
Current network hasharate: ~60THs

So there you have more than double in the short term, without counting other players.

yxt

legendary

Activity: 3528

Merit: 1116

1.25 x 25 + 38 x 1.5 = 88.25 -75 = 13.25

so you get your asic for a guaranteed profit 13.25BTC...for only 2 month not mining with it, nice try

tempt

sr. member

Activity: 294

Merit: 262

Quote from: Rampion on March 31, 2013, 06:28:56 PM

12m difficulty in mid/end may (Avalon expected delivery date) seems overly optimistic, I would consider at least an increase of x2 of current difficulty (which would be aprox. 14m)

Difficulty will probably grow very fast in the following two months, and you considered 12m for the whole 60 days period

At advertised share prices is very likely investors won't break even in such a short time frame you propose (only 60 days)

Good deal for you and very bad for your investors, unfortunately.

I agree. I have lowered the prices, so that even with a difficulty of 18million you would make profit. As I said, I came here to share risks, not to make a killing.

Rampion

legendary

Activity: 1148

Merit: 1018

12m difficulty in mid/end may (Avalon expected delivery date) seems overly optimistic, I would consider at least an increase of x2 of current difficulty (which would be aprox. 14m)

Difficulty will probably grow very fast in the following two months, and you considered 12m for the whole 60 days period

At advertised share prices is very likely investors won't break even in such a short time frame you propose (only 60 days)

Good deal for you and very bad for your investors, unfortunately.

tempt

sr. member

Activity: 294

Merit: 262

offer canceled

Topic: 63Ghash/s for 2 Month from Avalon Batch #3 (Read 1433 times)