Topic: [AVALON ASIC 72GH/S] 25 OUT OF 35 MACHINES SOLD. 10 REMAINS. - page 2. (Read 6351 times)

The BALLS on this one!

https://i.chzbgr.com/maxW500/7503238656/hF3A71A0F/
Seems legit. No escrow and  Just look at his posts. 

Dan99,

Thank you for your post and question. In your case, I would suggest that you wait until I have received the chips to order. At that point in time, I would also update this bitcoin forum. However, I cannot guarantee the availability of the mining machines as over the last 24 hours, 7 units have already been sold.

 

TheSwede75,

I appreciate your concern and the time you took to look into my thread. I have set my terms, you are free to wait until other individuals have placed their order and received their mining rigs from me, to order then. I would appreciate if you would stop with your accusations of those who I have personally dealt business with. They have vouched for me, as you have vouched for JohnK. It is unfair that you would jump to conclusions. I am politely asking that you refrain from being rude.

If you have questions about the product, then please do ask. But if you are asking about the conditions I have set, then I suggest you look for another service on a different thread.

This thread is for those you are interested in purchasing from me and are serious buyers. Thank you very much.

UPDATE:28 out of 35 machines remain open for sale.  

How is escrow a 'risk to the seller'? I have personal experience from escrow with JohnK and so has 1000s of other forum members and as far as I know there has not been a SINGLE case of fraud or scam when he has been used.

You are trying to sell $100.000s worth of product and expect people to send you over $10.000 per purchase, and argue that Escrow is somehow a bad idea?

Also: You are selling the product and 'mysteriously' have another forum member that states that he is 'not associated' with you show up like clockwork and answer forum questions and accusations several times in the thread. Please..  I hate to say it, but this just fucking reeks of scam!

You can always set your escrow terms as upon shipping with the paid dhl/fedex will show the tracking number and you should be able to get the escrow guy to release the payment. Most of us will reluctant to pay you now you know because the chip hasn't arrived, yes it hasn't arrived .. if they saw that your chips has arrived than they are evidence and proof that likely you will assemble and shipped out the miner soon.

To everyone:

Escrow can be a problem for the seller. If you received the goods and claim that you did not receive them, then I am out of my bitcoins, chips, and shipping cost. This is problematic for me. Therefore to address this concern of credibility, I have  posted photos at the start of the thread to show you that the chips have already been ordered. Unlike other sellers on this forum who claim that "we have ordered the chips" without any proof, I have solid evidence that I have indeed ordered the 10,000 Avalon Asic chips with $100,000 of my own investment.

I understand that in this Bitcoin industry, trust is important. However, timeliness is as well. If you do not trust me, simply do not order from me. I only request that you take your business elsewhere, as this thread is for those who are interested in the product I am offering.

I have kept my thread and responses brief because I do not believe that it is necessary to dwell on the negative comments. I am announcing and offering my service on this forum. I have clients elsewhere as well. Just because I am a junior member who does not post often, does not mean that I am not knowledgeable and have the appropriate network to make this happen.

I am a businessman and therefore not well versed in the technical field. That does not mean I do not have a well trained team of engineers. For privacy reasons, my team has requested that I keep their information confidential. However, they are highly qualified individuals from the top ivy league universities.

I have dealt with many clients, who are happy and satisfied with my product and work. If you would like to be one of my clients, then I can assure you, that you will receive your 72Gh/s machine from me. I am a man of my words.

If you would like further information, I would be more than happy to discuss them with you. However, please do not make judgements or conclusions before you have seen what I can do.

BTCbuyer Team.

An unwillingness to accept escrow is a huge red flag for me and for the community. If you do plan on actually selling more units adding in an option to pay via escrow with say, a 5% extra fee that goes to you I'm sure you would get much more interest. as it stands now this likely seems extremely scammy to most people.

I like how he avoids the word escrow like he'd get a flu from it.

Really hope you will accept Escrow to protect the buyers and only accept partial payments until the Chips has arrived.

Kendog77,

1. They were able to charge 1299 due to the fact that they manufacture these chips, to get people to believe in ASICs, their chips are proven now, and I am sourcing the chips from them, my pricing is firm, if you are not okay with that, you can pay 50BTC for a 10Gh/s (13 if you over clock Blade from ASICMiner)

2. I do not control the difficulty, this is your job as a buyer to make your own decision. My guarantee is that it takes us 10 days to assemble the machines, and ship them out. I do not control when Avalon ships, however their Terms of Service clearly states between 9-10 weeks lead time.


BTCbuyer Team.

There are a couple of differences that I will note:

1.) Avalon only charged $1299 for batch 1 because they were not established at the time. Less established companies have to offer their products for a cheaper price to make up for added risk for the buyer.

2.) With difficulty going up so rapidly, timing is everything. An Avalon clone might not be worth 75BTC if it won't be delivered until the end of the year. Will you offer buyers a refund if you don't deliver by a certain date? I suspect ASICMiner will be forced to reduce the price of their USB miners and blades soon due to rising difficulty.

Hello Kendog77,

Everyone has to start somewhere. In our view, it is easy to look back in hindsight and say Avalon is "legit", at one point they took orders on pre-orders as well, without any track record, and for 75BTC per machine. Those who went with them were rewarded handsomely, and we simply offering the same.

For us, it is not inventing the wheel to mount chips onto pre-assembled boards. With our mechanical engineering background, we can follow Open Source to accomplish our project.

We are not accepting escrow for the same reason why all the big Players are not accepting escrow. This business is built on trust and faith, if you do not trust us, simply do not do business with us. But please do not accuse us of any wrongdoing before you have given us a chance to show you our work.

We welcome all those who would like to be a part of our Asic mining family.

BTCbuyer Team.

Everyone knows Avalon is legit and will deliver, so the 100k you put up is much less risky than the 10k you are asking others to give you, so why not just use escrow? 10k is a lot of money, so it's unreasonable to expect others to give you that much BTC now on a promise that you may or may not be able to keep.

Worse case for you, you get the chips from Avalon and resell them if you're not able to turn them into a working miner. Worse case for your buyers (without escrow) is that they lose all their BTC and get nothing...

Buyers have no recourse or protection without escrow, and you are an anonymous stranger on the internet.

Haha, the pictures don't prove anything. Anyone with a bit of coding skill could have just downloaded the source and faked that screen

Xian,

Thank you for your interest. In this case, you can see that I have personally ordered 10,000 Avalon Chips, as posted. I hope you understand that if my team does not have the abilities to put this together, I would not invest in 100k worth of chips.

As far as delivery, that is completely up to Avalon to meet their proposed shipping date.

If you have more questions please do ask. We welcome communication either through this thread or private message.

Thank you very much.

BTCbuyer Team.

I want to believe.

If you are serious about taking pre-orders, I might suggest doing an escrow with JohnK. I'd happily buy one of these units, but only pay for it once it ships - meaning, JohnK would release the funds upon shipping. You guys don't ship in a reasonable amount of time, JohnK could refund our BTC, minus escrow fees.

Pre-orders in Bitcoin space have left a particularly foul taste in my mouth, unfortunately

Wish you well with this project.

Yifu has stated that he don't need those BTC to convert to fiat to pay TSMC, they have enough of a budget in fiat to pay them. Unless we have received the sample chip until than we don't know when are the chips going to be deliver? remember they have batch 2 and 3 order to catch up..

I would recommend changing the title to "Ships within 10 days of receiving chip batch"... which sounds like what you are actually claiming.  Otherwise it sounds like you are making a promise that you can't possibly be in control to guarantee.  I don't think that is the message you are trying to convey.

No one knows when Avalon will ship their chips.  They have been delayed with B2 and B3 full miners, and chips could easily be delayed as well.  
There have been no movement out of their chip ordering wallet.

http://blockexplorer.com/address/1FGAftzSTztFSB8LMwsrdCKTyqGY6zr3sU

They are as of today that wallet has 63278.8 BTC which roughly equals 81 orders of 10,000 chips (~230THash)
As far as we know... TSMC hasn't been set loose on any of the orders yet.

Kevcoins,

I understand your concern about credibility. This is the reason why I have provided proof of my transaction with Avalon Asic.

Since this community is built on trust, I want us to continue to communicate openly so that I can fully address all of your questions and concerns.

I can ensure you that my team is very well qualified to handle the 10,000 Avalon Asic chips. However, I cannot guarantee when Avalon will ship our ordered chips. We are all simply waiting patiently for Avalon Asic to fulfill their obligation with us.

Thank you very much.

BTCbuyer Team.