Topic: DZ MC: Round 5-6, KnC Jupiters. Please move ?s and discussions here. - page 12. (Read 14070 times)

the offer history.  I am going to be gone for a few days I ended the listing as I feared someone would pay the 32222 asking price is I left it up!







and the ad

and we just were offered 23000.  soo I am shutting the test ad down since somebody may buy the fucking thing at the 32000 asking price.

well I just got a 8300 offer  on the listing.  I am going to pull it down in a few hours as I do not want some one to buy it before we have fully voted.

8300 would be too low.

yeah you would be right but I am not so sure as I just set up the skrill account today.   If you want to list it since you handled all the btc you need to setup a skrill account .. they need
a:ssn
b:cc
c: bank account  

they set your limit at 15k in or out,   so if we sell this for say 20k on a best offer the buyer must pay with BTC.  

This gets rid of the chargeback issue.  So if you want to look up on your ebay if you can do a skrill for payments check it out.

oh the listing  must be buy it now.  I put in a best offer  option. Since it helps a buyer decide.  If we list this at 24 or 25 k and take 20 k or more this seems like it should be  safe for us.

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=151176625724&ssPageName=STRK:MESE:IT

 the listing I slapped together  but the key part is this:




Payments:
Skrill,  Pay on pickup  | See details
Returns:
No returns or exchanges, but item is covered by eBay Buyer Protection.
Guarantee:
  | Learn more
Get the item you ordered or get your money back.


and this

Payment:
Paying via bitcoin is prefered.  Bitcoin to USD rate will be determined by Coinbase sell price at close of auction. If I do not receive payment in 48 hours I will award to the next highest bidder.   I will provide wallet address to the winner.  I will not ship until payment clears SKRILL. So if you choose SKRILL there will be a long delay. weeks.  If you pay with BTC shipping will be the next business day.

If price will be good (roi in btc), sell
If not, keep.

10% of r5 jupiter here

There shouldn't be any fee if the item is not paid for, you simply open a ticket saying that the item wasn't paid.

correct.  and my skrill account is set at 15k so for them to pay with skrill they would need to wait for it to clear and pay part of it in BTC.  that would mean weeks before they get it.   

the down side is they bid  and we accept and they never pay.  that would cost use 50-250 usd not sure if the 50 dollar fee deal works if the buyer never pays.


We could list it for a more normal number of 24,000.00 and accept an offer of 20,000 plus .  I hold the btc until it is shipped then distribute it.
 I can provide id to dz for full vetting.

So theres no way for them to pay with paypal?

go to this ebay listing.  see that I kind of force the buyer to use BTC.  make suggestions.
and if some crazy mother fucker buys it right now we are selling it.




http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=151176625724   


 it has to be a buy it now for me to list it with no paypal.  my skrill limits are 15000 so they can't pay it with skrill.  they kind of have to pay in btc.

I think I can force BTC as the only option for an EBAY BUYER.  I am working on this right now. Give me an hour. If this works  I will post.

would coingig or cryptothrift (or any other bitmit replacement) be a better option?

Good point Phillip

Before I can finalize my vote I need to know what I am voting on, which was the only point I was trying to make.
I'm not opposed to any of the above options, would just like to know which one is being voted on so I can make the best decision.

So I guess the first decision to be made is which auction would we do? Once that is known the vote to keep or sell could be made as we would then know the expected return from the sale.

Are there any other options or possibilities that should be put forward before a decision is made?

well they are nice problems, but I am very afraid to sell it on ebay.

  I did a lot of research today and I don't think we can be certain of no charge back  unless we insist on all btc from the buyer.  this auction on ebay seems to be the best way to list it.


http://www.ebay.com/itm/KNC-Kncminer-Jupiter-Bitcoin-Miner-550-GH-s-in-Hand-USA-Ships-FedEx-/291022844481?pt=LH_DefaultDomain_0&hash=item43c2503241


this listing will take paypal and prefers BTC.  so if the winner of this insists on paying with paypal he could.  I am going to create an auction to see if I can force only btc. bear with me .

I think that deciding what auction to do should be a separate vote after we vote whether or not to sell or keep hashing.

  I agree well at least the problem is an upside problem (btc went to the MOON)   rather then an other  type of problem.

After we get the next dividend we will have more house money making decision a bit easier.

 In  a way there are 3 votes  not 2  ..

1)do a safe btc auction on bitcointalk----get 10-12 safe coins   pros no returns con less money

2) do a risky ebay auction  ------------- get 18-21 risky coins  pros more money can't stop a return

3) fuck it just hash man hash------------ the next diff should be under 700 mill  we would earn 5 btc maybe 6 from dec 1 to dec 13

I am concerned with the ebay chargebacks + paypal fees
We could do an auction with min. bid.

We could also host on ebay but ask the user to pay with btc (with escrow)
If we do the two things above I vote with my 10 shares.

+1 (incidentally, 1 share)

as I see it ebay is risky. while I have the 50 max cap on the fees Which is nice . I could be on the hook for 20k on a charge back .  

 an ebay listing would need to be inventive to protect the seller.
  btc is a must transferred to our group btc address and give the goods.  the charge back risk is very high.   If this sold on ebay at 15k

 and everything tanks not good in a month.


read this listing


http://www.ebay.com/itm/KNC-Kncminer-Jupiter-Bitcoin-Miner-550-GH-s-in-Hand-USA-Ships-FedEx-/291022844481?pt=LH_DefaultDomain_0&hash=item43c2503241

If I listed this way and it goes to 16k and 1 btc is 1000 usd we get 16 coins.   if he puts the 16 BTC in the account as directed. and the coop ships it to him.

I am not so sure if he wants to fuck me in 30 days that he can't.  My ebay business has been around a long time I am not so sure I want to put it at risk. for 16BTC vs 11 BTC    since I only get about 10 percent of the sale. I have 19 of the 200 shares.

so of the extra  4 or 5 BTC on ebay .  I would see an extra 400 or 500 bucks.  I do a lot of sales on ebay.  I have a shitload of accounts that could be attacked on a chargeback.

BUT  an auction on this site I like start it at 8btc for 1 machine .  it should go to 10-12 btc. no return risk  and we still have the other machine to mine with.
my thoughts are this is a better way to sell.



       It also means we will be half right and half wrong. 

What I mean by this is either selling both machines or keeping both machines maxes our gain or loss.   an all or nothing concept.

  while keeping one and selling one averages the gain or loss. 

I didn't get an email about this, but I am not complaining.  I put in my 1 share vote as go for it. 

OK - sounds like we have a short-term opportunity (reduced selling fees) that makes this an even better possibility. So we are comparing selling a Jupiter (two workers in R6, total about 550-600GH/s) that is producing ~1 BTC every 2 days, for ~$20K. If $/BTC rises at approximately the Difficulty rise, it means that we would lose any income past the next 40 days, roughly. Correspondingly, we would capture (eliminate the uncertainty) effectively the next 40 days of income all at once.

Assuming this is a reasonably accurate description of the circumstances, I vote my 37 shares to sell.

Please, anyone, point out any misunderstandings or bad assumptions!

--DickMS

P.S. Does anyone know why the Saturn is offline?