yes November, just around the ath of 1000usd
but for 2 or?
There was the offer buy 1 get 2 if i remember..
Topic: [ESHOP launched] Trezor: Bitcoin hardware wallet - page 183. (Read 966173 times)
but for 2 or?
There was the offer buy 1 get 2 if i remember..
Looks Grate!
looking forward to seeing more information!
looking forward to seeing more information!
yes November, just around the ath of 1000usd
That pricing is from back when 1 BTC was around $200 $80-$120.
ok, sorry. Didn't want to err on the wrong side.
preorders closed in november so you're right as well
You cannot do a budget in BTC, to plan for a 10% profit, if the unit of accounting may be worth 100$ when your client prepays, 1200$ when you close a deal with a supplier, 800$ when you pay him, 400$ when you ship the unit, and 600$ when the client returns it for refund.
Of course it can be done. It cannot be done without hedging yourself and/or taking risk. But it can be done. Dell is selling for BTC. You just need to find the right balance of your BTC and fiat reserves and you have to be prepared to handle the volatility.
I am pretty sure that Dell (and 99% of other companies who "accept BTC") do all their accounting in dollars (or the appropriate national currency). For example, Dell will refund defective products only in dollars, even if you paid in BTC. Even if some companies keep some of their spare cash reserves invested in BTC, they would account for that investment in thei budgets and audits as they would account any other variable-value investment -- namely, by listing its current market value in dollars.
And in fact most of those established companies that "accept BTC" actually use BitPay or Coinbase, whose main function is to convert the bitcoins into dollars so that the merchant can receive dollars. Why would them use those services if they really wanted to get BTC? They could just post the price in BTC and give a blockchain address for payment. But instead they list the price in dollars, and let the payment processor deal with the conversion.
With few exceptions, the only companies that I know that actually accept payment or investment in bitcoins are startups by bitcoin enthusiasts -- like Trezor, BFL, AMT, Neo & Bee, ...
Any company that does its accounting in bitcoin is obviously inpcompetent at managing its money. We leave it as an exercise to compute the probability that it will deliver what it promises to its clients. Extra credit for figuring out how many months it will take to go bankrupt.
1/The statement about the bitcoin accounting is obviously not true. It just depends whether it is your income or your expenses that are accounted in BTC. For example, all bitcoin pools and miners have their incomes accounted in BTC and some of them are still not bankrupt.
2/ Czech companies usually pay their expenses in Czech Koruna, not Euros.
But the accounting part is very serious.
The ~1% yearly inflation of dollars and euros is already a complication for accounting; but if it is ignored it the errors are of that magnitude, and therefore are not likely to affect the company's financial planning -- e.g. how much to charge for the product in order to make a profit of about 10%.
The month-to-month variation in the value of BTC, on the other hand, is MUCH too large to ignore. You cannot do a budget in BTC, to plan for a 10% profit, if the unit of accounting may be worth 100$ when your client prepays, 1200$ when you close a deal with a supplier, 800$ when you pay him, 400$ when you ship the unit, and 600$ when the client returns it for refund.
Budgeting in BTC is MUCH worse than a building contractor using "strides", "spans", "arm lengths", and "car widths" in his engineering plans. Much wose even than trying to build an airplane with a measuring tape made of latex. (Can latex can stretch to 12 times its rest length?)
Of course it can be done. It cannot be done without hedging yourself and/or taking risk. But it can be done. Dell is selling for BTC. You just need to find the right balance of your BTC and fiat reserves and you have to be prepared to handle the volatility.
Any company that does its accounting in bitcoin is obviously inpcompetent at managing its money. We leave it as an exercise to compute the probability that it will deliver what it promises to its clients. Extra credit for figuring out how many months it will take to go bankrupt.
1/The statement about the bitcoin accounting is obviously not true. It just depends whether it is your income or your expenses that are accounted in BTC. For example, all bitcoin pools and miners have their incomes accounted in BTC and some of them are still not bankrupt.
2/ Czech companies usually pay their expenses in Czech Koruna, not Euros.
But the accounting part is very serious.
The ~1% yearly inflation of dollars and euros is already a complication for accounting; but if it is ignored it the errors are of that magnitude, and therefore are not likely to affect the company's financial planning -- e.g. how much to charge for the product in order to make a profit of about 10%.
The month-to-month variation in the value of BTC, on the other hand, is MUCH too large to ignore. You cannot do a budget in BTC, to plan for a 10% profit, if the unit of accounting may be worth 100$ when your client prepays, 1200$ when you close a deal with a supplier, 800$ when you pay him, 400$ when you ship the unit, and 600$ when the client returns it for refund.
Budgeting in BTC is MUCH worse than a building contractor using "strides", "spans", "arm lengths", and "car widths" in his engineering plans. Much wose even than trying to build an airplane with a measuring tape made of latex. (Can latex can stretch to 12 times its rest length?)
That pricing is from back when 1 BTC was around $200 $80-$120.
ok, sorry. Didn't want to err on the wrong side.
it looks great but 1 btc is so expensive
That pricing is from back when 1 BTC was around $200. It's not unreasonable to hope for a much better price in BTC-termsAny company that does its accounting in bitcoin is obviously inpcompetent at managing its money. We leave it as an exercise to compute the probability that it will deliver what it promises to its clients. Extra credit for figuring out how many months it will take to go bankrupt.
1/The statement about the bitcoin accounting is obviously not true. It just depends whether it is your income or your expenses that are accounted in BTC. For example, all bitcoin pools and miners have their incomes accounted in BTC and some of them are still not bankrupt.
2/ Czech companies usually pay their expenses in Czech Koruna, not Euros.
3/ The price can be firm in fiat. It makes more sence at this point, because BTC is quite volatile (or at least it was 8 months ago and might be again). Looking back, nobody remembers that preorder Trezors were sold for 100USD equivalent. Everybody just keeps repeating that it was sold for 1BTC so it is too expensive. Let's just wait for the retail to see what the price would be. I'm curious myself. I need to buy at least one more.
it looks great but 1 btc is so expensive
That pricing is from back when 1 BTC was around $200. It's not unreasonable to hope for a much better price in BTC-termsAny company that does its accounting in bitcoin is obviously inpcompetent at managing its money. We leave it as an exercise to compute the probability that it will deliver what it promises to its clients. Extra credit for figuring out how many months it will take to go bankrupt.
it looks great but 1 btc is so expensive
That pricing is from back when 1 BTC was around $200. It's not unreasonable to hope for a much better price in BTC-terms.
Was any of the production paid for with BTC? Otherwise the price can be firm in fiat.
I bought my ordering btc 71€ at time of preorder (last july or august)
I remember the nervousness around that time, if the preorder btc will be enough to finance the production. crazy times.
That pricing is from back when 1 BTC was around $200 $80-$120.
it looks great but 1 btc is so expensive
That pricing is from back when 1 BTC was around $200. It's not unreasonable to hope for a much better price in BTC-terms.
it looks great but 1 btc is so expensive
Looking forward to my 'First Edition' rTrezor. Way to regroup and deliver the classic after that manufacturing screw-job you all received...
Time heals all trolls and pain over the long deliver wait.
Time heals all trolls and pain over the long deliver wait.
thanks! it's been a difficult time but feedbacks like this one held us focused..
Our current manufacturer is really pushing hard for results. They are working 24hrs now in order to have Trezor for our crowdfunders according to the plan and some more devices for the stock, so once we launch the sales there will be no waiting anymore.
Today the sales director traveled to Prague to personally deliver a part of First Editions to us. All should be here by the end of the week. When the packaging is done, one last hug &
and the babies will be sent out to the wilderness. I bought 4 of these (2 metallic and 2 classic)... but I want to buy an additional 100 as soon as it becomes an option and just hand them out to friends and family like candy. I'm sure others feel the same way. TELL YOUR MANUFACTURER TO MAKE 10 MILLION OF THEM!
yep. loaded trezors for everyone’s christmas
I bought 4 of these (2 metallic and 2 classic)... but I want to buy an additional 100 as soon as it becomes an option and just hand them out to friends and family like candy. I'm sure others feel the same way. TELL YOUR MANUFACTURER TO MAKE 10 MILLION OF THEM!
indeed. This device has a huge potential, especially for people who are not tech savvy and are afraid to buy bitcoin because they think they will loose it.
I feel the same way. I think demand will reflect the awesomeness und usefulness of trezor over time.
I bought 4 of these (2 metallic and 2 classic)... but I want to buy an additional 100 as soon as it becomes an option and just hand them out to friends and family like candy. I'm sure others feel the same way. TELL YOUR MANUFACTURER TO MAKE 10 MILLION OF THEM!
indeed. This device has a huge potential, especially for people who are not tech savvy and are afraid to buy bitcoin because they think they will loose it.
Looking forward to my 'First Edition' Trezor. Way to regroup and deliver the classic after that manufacturing screw-job you all received...
Time heals all trolls and pain over the long deliver wait.
Time heals all trolls and pain over the long deliver wait.
thanks! it's been a difficult time but feedbacks like this one held us focused..
Our current manufacturer is really pushing hard for results. They are working 24hrs now in order to have Trezor for our crowdfunders according to the plan and some more devices for the stock, so once we launch the sales there will be no waiting anymore.
Today the sales director traveled to Prague to personally deliver a part of First Editions to us. All should be here by the end of the week. When the packaging is done, one last hug &
and the babies will be sent out to the wilderness. I bought 4 of these (2 metallic and 2 classic)... but I want to buy an additional 100 as soon as it becomes an option and just hand them out to friends and family like candy. I'm sure others feel the same way. TELL YOUR MANUFACTURER TO MAKE 10 MILLION OF THEM!
Looking forward to my 'First Edition' Trezor. Way to regroup and deliver the classic after that manufacturing screw-job you all received...
Time heals all trolls and pain over the long deliver wait.
Time heals all trolls and pain over the long deliver wait.
thanks! it's been a difficult time but feedbacks like this one held us focused..
Our current manufacturer is really pushing hard for results. They are working 24hrs now in order to have Trezor for our crowdfunders according to the plan and some more devices for the stock, so once we launch the sales there will be no waiting anymore.
Today the sales director traveled to Prague to personally deliver a part of First Editions to us. All should be here by the end of the week. When the packaging is done, one last hug &
and the babies will be sent out to the wilderness. sooooooooooooooo excited
I really appreciate the effort of you guys!
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