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Topic: ASICMiner USB group buy- orders closed, pay for extra! - page 96. (Read 165759 times)

hero member
Activity: 671
Merit: 500
If we have guaranteed funding for 300 i dont think friedcat
will have any issues securing our place in the queue.

Especially if we send them 597 BTC ASAP!

(honestly i'm impressed with how smoothly this group buy is going compared to others i've witnessed. Good Job OP and John and thank you!)

Indeed!
member
Activity: 102
Merit: 10
I think there is only two group buys which have over 300 pieces ordered, this and the German one. First batch is going to be 10,000 pieces.  I see no reason to rush it especially when in a post made 4th May Friedcat said there is going to be a lead time of 15-20 days, so anythink isn't going to get shipped out before 19th May.
You're assuming there aren't non-group purchases being made?  Group buys are for individuals. Retailers and ebay marketers may have made other orders.

I don't assume anything. I just pointed out a fact that I have noticed by following all the group buy threads I have found.

With all this ranting about too high price, do you assume there are many retailers and ebay marketers taking a risk making orders for ~34000 USD?


if everyone just goes a head and pays now we have no issues. im all for getting the order in early but i also understand people arent on the forums everyday.
Let the timer run out, at that point only accept new orders which can pay at the same time as the order is made. If we have guaranteed funding for 300 i dont think friedcat
will have any issues securing our place in the queue.

bottom line is we can only order those that are paid for... get your moneys in!  (honestly im impressed with how smoothly this group buy is going compared to others i've witnessed. Good Job OP and John and thank you!)
hero member
Activity: 493
Merit: 500
With all this ranting about too high price, do you assume there are many retailers and ebay marketers taking a risk making orders for ~34000 USD?

No such assumption has been made.  The mere possibility of other orders argues for submitting ours as soon as possible. 
member
Activity: 101
Merit: 10
I think there is only two group buys which have over 300 pieces ordered, this and the German one. First batch is going to be 10,000 pieces.  I see no reason to rush it especially when in a post made 4th May Friedcat said there is going to be a lead time of 15-20 days, so anythink isn't going to get shipped out before 19th May.
You're assuming there aren't non-group purchases being made?  Group buys are for individuals. Retailers and ebay marketers may have made other orders.

I don't assume anything. I just pointed out a fact that I have noticed by following all the group buy threads I have found.

With all this ranting about too high price, do you assume there are many retailers and ebay marketers taking a risk making orders for ~34000 USD?
hero member
Activity: 1426
Merit: 506
I'll be buying 2. Sending payment + email now!
sr. member
Activity: 476
Merit: 250
Retailers and ebay marketers may have made other orders.
Possible, of course. But IMO unlikely.

At the current price there really isn't a pure fiscal justification.

Resale at viable mark-up makes it even less worth buying.

Anyone buying a batch of these for resale is making quite a bet.
legendary
Activity: 4690
Merit: 1276

While it will be nice to get these as soon as possible, my understanding is that these are not not yet ready to ship out yet.   So there is no gain from hurrying right now  and closing out earlier.

Has this status changed?


The gain is getting in line ahead of other (potentially large) orders.  We need to get the order in as soon as we hit 597.  Does anybody in this group want to risk delays to benefit stragglers?

I want ~arklan and John K to be working efficiently with ~friedcat such that financial transactions and the tactical details of shipping go without a hitch.  There may be some competition between group buyers themselves, and that is probably where the biggest 'bang for the buck' is to be had in terms of getting these things in a timely manner.

If individuals get their payments in order in a timely manner, that will make things that much easier for the business arrangements to be made and made tightly.

---

In the next rendition of a group buy, I'd like to see a 'side pool' open after a cut-off date.  Basically stranglers could place orders and participants could up their purchase if on a queue (by sending funds.)  As early people welsh of flake out, the gap could be filled in with money sent to the 'side pool'.  This so that a specific block of funding was more rapidly available for a set piece count to facilitate business arrangements in a timely manner.

Of course people who sent funds to the 'side pool' would just get their funds back if they don't get extra gear.  That is the reason for a trustworthy and active escrow-like agent.

---

Another thing I would like to see would be an initial over-charge to cover potential eventualities.  I'm specifically envisioning customs and bulk shipping hassles and that sort of thing.  The operators of the group buy would then have some funds readily available to work with.  If the operators are reliable they will keep good and open records and re-fund people for the overages which were not used.

legendary
Activity: 966
Merit: 1052
I will take 10. I can pay tomorrow.
hero member
Activity: 493
Merit: 500


Bastard!  you beat me by 14 seconds...
Just because my mother doesn't know who my father is, that's no reason to .... hmm actually I guess it is.
legendary
Activity: 1015
Merit: 1000
sent my address hope i get updated in Google sheet.
hero member
Activity: 671
Merit: 500
hero member
Activity: 1426
Merit: 506
I'm confused, how do I know which address I sent the BTC from?

check transaction status in blockchain.info . if multiple from address then pick the one with biggest value... atleast thats what i did
That clears things up, thanks!
hero member
Activity: 671
Merit: 500
I think there is only two group buys which have over 300 pieces ordered, this and the German one. First batch is going to be 10,000 pieces.  I see no reason to rush it especially when in a post made 4th May Friedcat said there is going to be a lead time of 15-20 days, so anythink isn't going to get shipped out before 19th May.

Would you like to bet 1 BTC that this group and the Euro group are the only ones who are going to place an order?
hero member
Activity: 493
Merit: 500
I think there is only two group buys which have over 300 pieces ordered, this and the German one. First batch is going to be 10,000 pieces.  I see no reason to rush it especially when in a post made 4th May Friedcat said there is going to be a lead time of 15-20 days, so anythink isn't going to get shipped out before 19th May.
You're assuming there aren't non-group purchases being made?  Group buys are for individuals. Retailers and ebay marketers may have made other orders.
sr. member
Activity: 476
Merit: 250
There is a fair alternative...
Accounting nightmares.

John K. is doing escrow. For a fee.

Dealing with that kind of accounting, refunds hither and yon, is not part of his commitment.
sr. member
Activity: 322
Merit: 250
Supersonic
I'm confused, how do I know which address I sent the BTC from?

check transaction status in blockchain.info . if multiple from address then pick the one with biggest value... atleast thats what i did
member
Activity: 101
Merit: 10
While it will be nice to get these as soon as possible, my understanding is that these are not not yet ready to ship out yet.   So there is no gain from hurrying right now  and closing out earlier.

Has this status changed?
The unknown here is ASICMiner's order queue. Presumably they're taking orders right now, so our place in line is not set.  How many will they ship in the first batch, and how quickly will that batch go out?  Being the 1st order in line or the 10th may make a large difference in shipment date or it may make none at all.  Clearly the faster we close this out and submit the order, the better.

I think there is only two group buys which have over 300 pieces ordered, this and the German one. First batch is going to be 10,000 pieces.  I see no reason to rush it especially when in a post made 4th May Friedcat said there is going to be a lead time of 15-20 days, so anythink isn't going to get shipped out before 19th May.
hero member
Activity: 493
Merit: 500
Doing anything other than that is changing the rules in mid-game. I have never seen where that is considered 'fair play'.

There is a fair alternative: https://bitcointalksearch.org/topic/m.2078297
hero member
Activity: 493
Merit: 500
While it will be nice to get these as soon as possible, my understanding is that these are not not yet ready to ship out yet.   So there is no gain from hurrying right now  and closing out earlier.

Has this status changed?
The unknown here is ASICMiner's order queue. Presumably they're taking orders right now, so our place in line is not set.  How many will they ship in the first batch, and how quickly will that batch go out?  Being the 1st order in line or the 10th may make a large difference in shipment date or it may make none at all.  Clearly the faster we close this out and submit the order, the better.
sr. member
Activity: 476
Merit: 250
Does anybody in this group want to risk delays to benefit stragglers?
Greed versus fairness. (The stated rules.)

The window to place an intent to buy closes 48 hours from original post.

The window to pay is another seven days.

At that point the order with ASICMiner can be made. Everyone who has paid is in. Everyone who has not is out.

Doing anything other than that is changing the rules in mid-game. I have never seen where that is considered 'fair play'.
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