Topic: Batch #3 Not selling as fast.... (Read 4290 times)

They are still in stock!

I hear you. I almost decided to buy a unit myself but have been waiting since last week to get verified by mtgox and BTC has gone up almost $10 since that time. I took a year hiatus from Bitcoin and before gox didn't mandate verification for adding funds. Sucks, but really it's my loss for not being prepared Luckily I still had some BTC laying around to get in on a group buy.

Hey thanks for the link ill take a look! But i think time is against me!

I thought the whole time the $ would be my biggest hurdle... Im in denial right now.. Wonder how many other people in the same boat.

I completely understand wanting to help the bitcoin economy and all but if we can prove funds they should hold our cart for us while we jump hoops!!

or something..  Just didnt think i would be in this position so im a bit besides myself...






You think they would make an exception? Accept a wire transfer from a US bank!?

I wish you luck, I was in the same boat, got there in the end with

http://localbitcoins.com/

Made sure I picked users with lots of feedback and escrow even if rate was a bit worse, ended up doing 2 transactions with one person and 2 more with others, all went through quickly.

man i gathered 6k overnight only to brick walled by daily deposit limit! Coinbase is saying 30 days! bit instant is 2k limit or something! Im so frustrated right now!

This post might be a good solution for you, you pay a bit more up front, but can save on customs charges buying yourself.

Being in China units likely to arrive quicker and they are all being pooled so everyone benefits, 10% fee seems reasonable and no hassle.

https://bitcointalksearch.org/topic/miningavalon-reselling-and-hosting-plan-158295

CoinHoarder's offer is similar if he opens it back up again.

Yes thanks I've started a thread about whether I'm too noob to do it.

if you never mine before then it may not wise to buy avalon since it is not user friendly and even Avalon put it in their disclaimer .

If you are expecting price of BTC to rise, it is prudent to buy. If you are expecting it to fall, so that when the machine starts hashing it cannot recoup enough, do not buy. I have based my decision on this, since I too am expecting BTC value to rise.

Like many others I'm very tempted to order a batch 3, but it would use up almost all of my BTC... I expect BTC to rise a lot more in the months it will take for the machine to arrive... so is that a reason to order or not?  If it goes up a lot and I keep the BTC they will be worth a lot more, but if it goes up a lot and I've spent the BTC on the miner then the miner will be worth a lot more too! 

I'm leaning away from the purchase because I've never done any mining before and I'm bit nervous about working out how to get it running...

I'd assign a much lower level of risk to an Avalon order than I would a BFL order simply because Avalon has proven they have a finished product to sell and that they're capable of delivering it. While as you well know Avalon has had some issues with delivery of their first batch, they are in China and did have CNY to contend with. That's not to say there weren't some liberties taken with announcements, but it was I'm sure a major disruption for them. They've also pushed back delivery of batch 2, which helps you(at my expense) as you have a batch 1 order in hand and I'm awaiting a batch 2 order.

With CNY in the rearview and Avalon stating they've doubled their production capacity going forward a batch 3 Avalon order was, for me at least, a fairly easy decision even with the pricetag and believe me I have done the math on a BFL minirig pre-order. The math just doesn't work for me until BFL proves they can produce SOMETHING, at least show off a working prototype hashing. This last couple weeks with BFL claiming they have chips, but can't quite seem to get a test rig up and working is just more of the same from these guys. Either they're lying or they're hopelessly incompetent. Either way I cannot justify the risk that their chips are trash(again) and they'll be back to whining about fab delays again soon...assuming of course they survive that long.

Yep, it was just Batch #2 that was priced at a sweet spot and that is why it went like hotcakes.

Batch 1 took weeks to sell out— and the same thing happened: people put in orders and didn't pay... then more units were freed up as those orders were manually canceled.

Nothing is certain, everything has a risk, everyone have their own risk evaluating formula

If...

What when not

With a 1 year time-frame even with a very large increase in the difficulty, they will ROI.

Much higher risk now. Before, both Avalon and BFL had working FPGA products, so it is highly possible that they will deliver ASIC, just a matter of time, but now it is about the speed of hashing power increase

BFL claimed that they will deliver 1000 60GH unit /month when their test finished, that will ramp up the difficulty quickly, make batch 3's return more uncertain, in such a case minirig is a better choice

the same can be said about anything else? Avalon can deliver, but when? End of april, or may? BFL could be shipping by then and difficulty is way up. By then it makes more sense to go minirig, even if it is twice the power and half the hashrate than buying 10 avalons.

Even better when you consider that a minirig is actually $30k and worth nothing until it's delivered which may well be never.

That's quite a good point.