Author

Topic: Avalons are like Justin Bieber tickets (Read 1221 times)

DrG
legendary
Activity: 2086
Merit: 1035
March 20, 2013, 01:17:54 AM
#10
I would say it was more like a crapshoot in my experience.  I tried for batch 1 - failed.  Batch 2.1 right at opening, got to walletbit 6 times only to be told to pay like $5 or something like that.  I choose not to pay the errononeous amount and got screwed.  So I tried to Batch 2.1 (admittedly missed it at the start) and by the time I learned I had to use guest checkout my order got canceled even though the clock had over 8 minutes left.

Yeah I still feel I got screwed while others are able to order 10 units  Cry
legendary
Activity: 1890
Merit: 1003
March 20, 2013, 12:00:57 AM
#9
IMO, the potential rewards are so great that they are worth all of the risk, all of the mouse-jockeying, and all of the other BS that one needs to go through in order to obtain one.
Mind if I ask how many BTC you have earned since your delivery? (Round number is fine)
hero member
Activity: 798
Merit: 1000
March 19, 2013, 10:46:38 PM
#8
Avalons are like Justin Bieber tickets


Very hard to get, and ultimately disappointing?

Smiley
legendary
Activity: 966
Merit: 1000
March 19, 2013, 10:27:03 PM
#7
IMO, the potential rewards are so great that they are worth all of the risk, all of the mouse-jockeying, and all of the other BS that one needs to go through in order to obtain one.
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
March 19, 2013, 08:53:22 PM
#6


Half minute is more like it.



The ordering site will crash for sure  Cheesy  I think ngzhang should use some lottery method to decide who will get an order Cheesy

At the time batch 2 opens, there was still guess that Avalon spent all the pre-order money to only made 2 prototypes, but now it is confirmed that they can deliver

But, till May/June the network will rise to at least 200TH:

Asic miner first round  12T
Asic miner second round 50T
Avalon batch 1 20T
Avalon batch 2 40T
Avalon batch 3 60T
BFL Huh

At that time one Avalon will mine about 1-2 coins per day, fall back to the same performance of a 6 GPU machine one year ago. Of course the btc price now has made it 10x profitable than one year ago, so 2-3 month ROI still possible, but BFL is a big variable here
full member
Activity: 177
Merit: 100
March 19, 2013, 05:41:33 PM
#5
The second 'batch' of Batch 2 took a long time to sell out, on the order of several hours, even with everything going smoothly (with confirmation emails from both the store and BitPay).

The first 'batch' of Batch 2 was a comedy of errors, so hopefully they've learned from all that.
legendary
Activity: 1890
Merit: 1003
March 19, 2013, 05:30:18 PM
#4
I sometimes feel that the course of events in the near future will be very erratic. As soon as Avalon announces the imminent opening of Batch 3, it feels as if hundreds would rush to move assets into XBT. And once Batch 3 opens, I bet it won't be half an hour before it sells out.

The question is, why? Participating in an ASIC lottery is little better than participating in a regular lottery. Why is there such a rush to queue? Is it for the thrill, is it the gambler's fallacy, is it something else entirely? It almost feels as if Avalon will be the next SatoshiDICE—when measured by how much money people lose, and lose gladly.
Half hour?

Half minute is more like it.

Money will flow fast enough to probably trip an NSIS or TFi trigger. (I am joking!)

http://en.wikipedia.org/wiki/Office_of_Terrorism_and_Financial_Intelligence
hero member
Activity: 560
Merit: 500
March 19, 2013, 05:30:00 PM
#3
I sometimes feel that the course of events in the near future will be very erratic. As soon as Avalon announces the imminent opening of Batch 3, it feels as if hundreds would rush to move assets into XBT. And once Batch 3 opens, I bet it won't be half an hour before it sells out.

The question is, why? Participating in an ASIC lottery is little better than participating in a regular lottery. Why is there such a rush to queue? Is it for the thrill, is it the gambler's fallacy, is it something else entirely? It almost feels as if Avalon will be the next SatoshiDICE—when measured by how much money people lose, and lose gladly.

I'm disappointed to see people think of ASICs this way, "Participating in an ASIC lottery is little better than participating in a regular lottery.", sigh, if that's how you feel, then no one's forcing you to "gamble", but those of us with more than two braincells to rub together can see where bitcoin is going, and the truth is, mining is far more interesting than just buying and holding.

And if you can see the potential that Bitcoin has, the odds are far better than any lottery.
legendary
Activity: 1078
Merit: 1003
March 19, 2013, 04:51:29 PM
#2
We need more supply to meet this demand! 
legendary
Activity: 1246
Merit: 1077
March 19, 2013, 04:49:40 PM
#1
I sometimes feel that the course of events in the near future will be very erratic. As soon as Avalon announces the imminent opening of Batch 3, it feels as if hundreds would rush to move assets into XBT. And once Batch 3 opens, I bet it won't be half an hour before it sells out.

The question is, why? Participating in an ASIC lottery is little better than participating in a regular lottery. Why is there such a rush to queue? Is it for the thrill, is it the gambler's fallacy, is it something else entirely? It almost feels as if Avalon will be the next SatoshiDICE—when measured by how much money people lose, and lose gladly.
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