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Topic: Avalon batch [2] countdown! - page 53. (Read 141540 times)

sr. member
Activity: 315
Merit: 250
Official sponsor of Microsoft Corp.
May 18, 2013, 03:33:18 PM
Just a quick word on the politics and definition of bitcoins. I believe it would be very wise not to call bitcoin a currency. Bitcoin is a token. You buy this token with currency and in the end it is sold back for currency. It cannot exist without a currency behind it so it is not a currency per se. I think it would be very wise to start thinking of BTC as a TOKEN. Just my 0.002 tokens Smiley
Disagree, sorry Smiley
member
Activity: 95
Merit: 10
May 18, 2013, 03:31:26 PM
Just a quick word on the politics and definition of bitcoins. I believe it would be very wise not to call bitcoin a currency. Bitcoin is a token. You buy this token with currency and in the end it is sold back for currency. It cannot exist without a currency behind it so it is not a currency per se. I think it would be very wise to start thinking of BTC as a TOKEN. Just my 0.02 tokens Smiley
hero member
Activity: 798
Merit: 1000
May 18, 2013, 12:02:06 AM
Often the right explanation is most simple one.
hero member
Activity: 826
Merit: 1001
May 17, 2013, 11:51:32 PM
Could it be that the really dirty Avalon machine was one of them that was send to a customer, could not be delivered, came back to Avalon, package opened for inspection and tested, left there for a week or so to solve address issue, sent again, and came back again, inspected/tested again, left open for another week or so and finally sent to this receiver ?

That would explain why it's so dirty...
sr. member
Activity: 315
Merit: 250
Official sponsor of Microsoft Corp.
May 17, 2013, 08:54:16 PM
Quote
How it was declared in invoice and what's the value of unit in USD?

Nice! Thank you.
hero member
Activity: 560
Merit: 517
May 17, 2013, 08:13:06 PM
Quote
How it was declared in invoice and what's the value of unit in USD?
newbie
Activity: 41
Merit: 0
May 17, 2013, 07:28:07 PM
If they did mine with them before shipping (which I doubt slightly), I don't see a blatant breach of contract. Those units will be leaving the network anyway. I think the month delay is more serious, which if you compare to BFL is almost laughable.

Anyway, good luck to us all batch2-ers! Hoping for the best.

BTW, is anyone else sweating this miners "being a money-transmitter" business? I have a pretty face and wouldn't fare well in the pen.

You're only a MSB if you transact more than $1,000 in a day.  You can mine all you want in bitcoins.  You can even convert $999 a day and you won't be a MSB.  That is an amount most people should be able to live off of.  Mining coins is not a transaction unless you were to receive the proceeds in dollars.  Stay in bitcoin and you will be fine.

Disclaimer:  I am not a lawyer and this is not legal advice.  You can read the official version here though:  http://www.fincen.gov/financial_institutions/msb/definitions/msb.html

If I'm wrong, I have an ugly face so perhaps I would do quite well in the pen.

Hot diggety. Thanks for clearing that up.  Looks like I won't be someone's prag after all.  Grin
full member
Activity: 238
Merit: 100
May 17, 2013, 06:54:11 PM
If they did mine with them before shipping (which I doubt slightly), I don't see a blatant breach of contract. Those units will be leaving the network anyway. I think the month delay is more serious, which if you compare to BFL is almost laughable.

Anyway, good luck to us all batch2-ers! Hoping for the best.

BTW, is anyone else sweating this miners "being a money-transmitter" business? I have a pretty face and wouldn't fare well in the pen.

You're only a MSB if you transact more than $1,000 in a day.  You can mine all you want in bitcoins.  You can even convert $999 a day and you won't be a MSB.  That is an amount most people should be able to live off of.  Mining coins is not a transaction unless you were to receive the proceeds in dollars.  Stay in bitcoin and you will be fine.

Disclaimer:  I am not a lawyer and this is not legal advice.  You can read the official version here though:  http://www.fincen.gov/financial_institutions/msb/definitions/msb.html

If I'm wrong, I have an ugly face so perhaps I would do quite well in the pen.
newbie
Activity: 41
Merit: 0
May 17, 2013, 06:20:50 PM
If they did mine with them before shipping (which I doubt slightly), I don't see a blatant breach of contract. Those units will be leaving the network anyway. I think the month delay is more serious, which if you compare to BFL is almost laughable.

Anyway, good luck to us all batch2-ers! Hoping for the best.

BTW, is anyone else sweating this miners "being a money-transmitter" business? I have a pretty face and wouldn't fare well in the pen.
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
May 17, 2013, 06:17:34 PM
I think it is pretty clear that the 1 unit was distressed and used.  I also think that blaming it on Avalon instead of finding out who did it harms us all.
Did you read the thread and look at the pictures of the unit that was delivered to the member that is in the Batch ONE thread?   That is obviously used.
If it was used, it could only happen one of two places.   At the freight forwarder's or at the factory.   Thinking that "DHL" did it defies reason.
Open communication fixes problems when things go wrong.   We do not have that.   We have the opposite.   
legendary
Activity: 1246
Merit: 1002
May 17, 2013, 06:13:11 PM
I think that noone here said it was a bs... If you need money fast your best option is to sell shares of the Avalon and cash out (maybe 100-125btc). If you wait until it arrives, you can sell it for 150-200, I guess.
I personally have no faith in the roi of these units, I'm not sure about anything anymore... I can only hope that when Avalon decided to delay to mine themselves they somewhat knew what would happen to the difficulty, I hope that they have some model, that they have insider info from bfl/helveticminer/100th and that somehow in that model the roi of these units is positive. This is my only hope.
What evidence do you have that they mined with these machines?
There is no evidence other than circumstantial evidence.   I actually think Kano summed that up pretty well after he was repeatedly asked to back up his accusations.
   I think someone receiving a unit (you know the ones that were conveniently shipped just before Yifu went to the Bitcoin conference) that was full of dust is VERY troubling.   Dust blowing in would only be around the fan holes, not spread through a machine and he also showed that is arrived tightly wrapped in plastic (so it did not sneak in while it was in the box).
That FPGAminer says two of his units (the black ones) are clean and only one is dusty (the aluminum one) is a bit of a relief but only time will tell.
It would have been helpful if Avalon actually updated people when they knew that their last updated statement was going to be false.

I think it is pretty clear that the 1 unit was distressed and used.  I also think that blaming it on Avalon instead of finding out who did it harms us all.
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
May 17, 2013, 06:10:11 PM
I think that noone here said it was a bs... If you need money fast your best option is to sell shares of the Avalon and cash out (maybe 100-125btc). If you wait until it arrives, you can sell it for 150-200, I guess.
I personally have no faith in the roi of these units, I'm not sure about anything anymore... I can only hope that when Avalon decided to delay to mine themselves they somewhat knew what would happen to the difficulty, I hope that they have some model, that they have insider info from bfl/helveticminer/100th and that somehow in that model the roi of these units is positive. This is my only hope.
What evidence do you have that they mined with these machines?
There is no evidence other than circumstantial evidence.   I actually think Kano summed that up pretty well after he was repeatedly asked to back up his accusations.
   I think someone receiving a unit (you know the ones that were conveniently shipped just before Yifu went to the Bitcoin conference) that was full of dust is VERY troubling.   Dust blowing in would only be around the fan holes, not spread through a machine and he also showed that is arrived tightly wrapped in plastic (so it did not sneak in while it was in the box).
That FPGAminer says two of his units (the black ones) are clean and only one is dusty (the aluminum one) is a bit of a relief but only time will tell.
It would have been helpful if Avalon actually updated people when they knew that their last updated statement was going to be false.
vip
Activity: 756
Merit: 503
May 17, 2013, 06:02:24 PM
Can't wait to receive my unit.
legendary
Activity: 1246
Merit: 1002
May 17, 2013, 06:00:11 PM
I think that noone here said it was a bs... If you need money fast your best option is to sell shares of the Avalon and cash out (maybe 100-125btc). If you wait until it arrives, you can sell it for 150-200, I guess.

I personally have no faith in the roi of these units, I'm not sure about anything anymore... I can only hope that when Avalon decided to delay to mine themselves they somewhat knew what would happen to the difficulty, I hope that they have some model, that they have insider info from bfl/helveticminer/100th and that somehow in that model the roi of these units is positive. This is my only hope.

What evidence do you have that they mined with these machines?

legendary
Activity: 1176
Merit: 1001
May 17, 2013, 05:15:12 PM
I think that noone here said it was a bs... If you need money fast your best option is to sell shares of the Avalon and cash out (maybe 100-125btc). If you wait until it arrives, you can sell it for 150-200, I guess.

I personally have no faith in the roi of these units, I'm not sure about anything anymore... I can only hope that when Avalon decided to delay to mine themselves they somewhat knew what would happen to the difficulty, I hope that they have some model, that they have insider info from bfl/helveticminer/100th and that somehow in that model the roi of these units is positive. This is my only hope.
sr. member
Activity: 315
Merit: 250
Official sponsor of Microsoft Corp.
May 17, 2013, 04:48:27 PM
Quote
Please tell us if there was any receipt, invoice or smth like that inside, and how much you paid in customs.
There was an invoice taped to the top of one of the boxes (the rest of the boxes were blank except for DHL labels).  Nothing inside.  I paid no customs (U.S.A, Fuck Yeah).
How it was declared in invoice and what's the value of unit in USD?
hero member
Activity: 560
Merit: 517
May 17, 2013, 04:42:37 PM
Quote
Please tell us if there was any receipt, invoice or smth like that inside, and how much you paid in customs.
There was an invoice taped to the top of one of the boxes (the rest of the boxes were blank except for DHL labels).  Nothing inside.  I paid no customs (U.S.A, Fuck Yeah).
full member
Activity: 204
Merit: 100
May 17, 2013, 03:25:43 PM
Packages delivered!  I'm filming the unboxing now!

Please tell us if there was any receipt, invoice or smth like that inside, and how much you paid in customs.
legendary
Activity: 1652
Merit: 1067
Christian Antkow
May 17, 2013, 03:24:19 PM
Packages delivered!  I'm filming the unboxing now!

 I should have went with Avalon Sad
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
May 17, 2013, 03:09:45 PM
Packages delivered!  I'm filming the unboxing now!
Please let there be no dust inside the machine...
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