[Group Buy#1] Avalon ASICs CHIPS! Using JohnK as escrow! FINISHED! - page 104.

ragingazn628

hero member

Activity: 714

Merit: 500

Coin Generator

Quote from: fpgaminer on April 18, 2013, 10:35:34 PM

Quote

How does that sound? NO BTC WILL BE GOING TO ME. Only 1 person sent me BTC so far and he will be refunded.

I'm not sure why an escrow party would agree to a deal like this. There's no way for an escrow party to protect against failure to ship the chips once they are received. It's not like the escrow party can give people their money back, once Avalon has been paid.

That said, I'm interested in ~50BTC worth (rounded out to 600 or 700 chips). I'll watch this thread to see how the escrow stuff works out.

Question: BitSyncom stated that they would be willing to ship out early samples, for prototyping. He did not mention how many samples. If, for example, Avalon can provide 5 sample chips, would you be willing to relay those to the top 5 buyers or something like that?

Yup if 5 are mailed out top 5 contributor would get them. Make sense.

I've never used an escrow before but I believe it works like this.

A wants to sell B something.
B sends BTC to escrow.
Escrow holds BTC until item arrives to B.
Item arrives.
Escrow sends A BTC.

Everyone is happy.

But our situation is different because we have myself, the pool of contributor, escrow, and Avalon.

A + Pool send BTC to Escrow.
Escrow buys item from Avalon
Escrow ships to A.
A ships to Pool

Check out the spreadsheet to make sure I didn't miss your name from the list please.

https://docs.google.com/spreadsheet/ccc?key=0Ah5wT_NTrV00dFhHY2NoOXpvSnVMbDVWUmFaSTVjTmc#gid=0

fpgaminer

hero member

Activity: 560

Merit: 517

Quote

How does that sound? NO BTC WILL BE GOING TO ME. Only 1 person sent me BTC so far and he will be refunded.

I'm not sure why an escrow party would agree to a deal like this. There's no way for an escrow party to protect against failure to ship the chips once they are received. It's not like the escrow party can give people their money back, once Avalon has been paid.

That said, ~~I'm interested in ~50BTC worth (rounded out to 600 or 700 chips)~~. I'll watch this thread to see how the escrow stuff works out.

Question: BitSyncom stated that they would be willing to ship out early samples, for prototyping. He did not mention how many samples. If, for example, Avalon can provide 5 sample chips, would you be willing to relay those to the top 5 buyers or something like that?

ragingazn628

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Activity: 714

Merit: 500

Coin Generator

Quote from: Cray-1 on April 18, 2013, 10:17:26 PM

I'm interested in participating for 5 BTC if it still is possible.

Added.

Ok I made a googledocs spreadsheet:

https://docs.google.com/spreadsheet/ccc?key=0Ah5wT_NTrV00dFhHY2NoOXpvSnVMbDVWUmFaSTVjTmc#gid=0

We are officially at 501 w/o the pending funds. Just waiting on ryanfromrethink to respond so we have about ~300 more to go!

Cray-1

newbie

Activity: 36

Merit: 0

I'm interested in participating for 5 BTC if it still is possible.

ragingazn628

hero member

Activity: 714

Merit: 500

Coin Generator

Quote from: Bicknellski on April 18, 2013, 09:36:11 PM

Quote from: ragingazn628 on April 18, 2013, 03:30:06 PM

Quote from: tysat on April 18, 2013, 12:55:33 PM

Is there a timeline on when you plan to order? I might be in, but have to talk to some people/get the BTC.

Well the biggest pending we have is for 390BTC let's see if he is committed I'm still waiting on him to confirm in the thread at this point.

Quote from: Egon on April 18, 2013, 02:35:43 PM

Ragingazn628 have you made any progress on setting up escrow or taking payments? Zefir claims he thinks he has almost enough to make a 2nd order.

Like I said I'm up for an escrow but as someone pointed out I'm not sure how it would work in this situation since I will be ordering from Avalon using the pool's BTC.

Talk with JohnK - AKA Johnthedong... I think he'd be the BEST escrow guy we have here in Bitcointalk and he would definitely be able to work this out for all of us. I suggest he is given a small percentage to take on this though as he runs on donations. Everyone could I suppose add a small % of their buy to the chip order to cover his pain and suffering and worry. He knows his shit and I think most if not everyone who has done escrow through him is happy. This can be voluntary but we should really all should chip in what we think this service is worth. I do not think 1-3% is unreasonable for the peace of mind JohnK provides for his service.

https://bitcointalksearch.org/topic/john-john-ks-escrow-service-previously-known-as-johnthedong-141672

Quote

PS: Everyone's been asking about the fees and appropriate tips for this service. I appreciate a tip for the risk of holding the escrowed Bitcoins, and the time taken to facilitate every transaction. I do not have a fixed fee, but generally I receive 1-3% of the amount transacted, especially when a TX takes more than a few weeks.

- JohnK (As quoted in the thread above)

Ok here's what I propose. I will contact JohnK and have him do the escrow.

Steps:

1. We will all send him BTC to a designated address. (1-3% fees for his troubles)
2. He will order Avalon ASICs chips for us.
3. I will give JohnK my address so the chips will be shipped to me.
4. I will handle the shipment to participants and will make it my #1 priority (1% for my troubles organizing and shipping / gas to drive / time etc.)

How does that sound? NO BTC WILL BE GOING TO ME. Only 1 person sent me BTC so far and he will be refunded.

If everyone agrees with this method let's get these chips pre-ordered!

People who are interested: UPDATED!

17 BTC - Me
4 BTC - rttnpig
1 BTC -Luckybit - PM'd to see if interested in Chips
5 BTC - dmo580 - PM'd to see if interested in Chips
2 BTC - dazzle - PM'd to see if interested in Chips
3 BTC - rammy2k2
40 BTC - Rallye
10 BTC - GodFader
2BTC - goodney
2 BTC - eghoff
20 BTC - freeworm
390 BTC - ryanfromrethink - PENDING
3 BTC - qbits
10 BTC - cubism4nerds
39 BTC - strombom
10 BTC - pcosias
3 BTC - DPoS
2 BTC - salt
1.5 BTC - Todamont
2 BTC - perseus
1 BTC - sun
20 BTC - alexuk
3 BTC - Enigma81
12 BTC - alexcamp
20 BTC - Bicknellski
4 BTC - daemondazz
50 BTC - Immuzikation
23.5 BTC - atcsecure
100 BTC - AnonF141
5 BTC - Wesly
2 BTC - rideelement247
26 BTC - Egon
1 BTC - samurai1200
2 BTC - nabworth
2 BTC - darkjed
20 BTC - spinner
4 BTC - erschiessen
2 BTC - Doomsby
30 BTC - ElJay

Total:
888/782.1 BTC

Bicknellski

hero member

Activity: 924

Merit: 1000

Quote from: ragingazn628 on April 18, 2013, 03:30:06 PM

Quote from: tysat on April 18, 2013, 12:55:33 PM

Is there a timeline on when you plan to order? I might be in, but have to talk to some people/get the BTC.

Well the biggest pending we have is for 390BTC let's see if he is committed I'm still waiting on him to confirm in the thread at this point.

Quote from: Egon on April 18, 2013, 02:35:43 PM

Ragingazn628 have you made any progress on setting up escrow or taking payments? Zefir claims he thinks he has almost enough to make a 2nd order.

Like I said I'm up for an escrow but as someone pointed out I'm not sure how it would work in this situation since I will be ordering from Avalon using the pool's BTC.

Talk with JohnK - AKA Johnthedong... I think he'd be the BEST escrow guy we have here in Bitcointalk and he would definitely be able to work this out for all of us. I suggest he is given a small percentage to take on this though as he runs on donations. Everyone could I suppose add a small % of their buy to the chip order to cover his pain and suffering and worry. He knows his shit and I think most if not everyone who has done escrow through him is happy. This can be voluntary but we should really all should chip in what we think this service is worth. I do not think 1-3% is unreasonable for the peace of mind JohnK provides for his service.

https://bitcointalksearch.org/topic/john-john-ks-escrow-service-previously-known-as-johnthedong-141672

Quote

PS: Everyone's been asking about the fees and appropriate tips for this service. I appreciate a tip for the risk of holding the escrowed Bitcoins, and the time taken to facilitate every transaction. I do not have a fixed fee, but generally I receive 1-3% of the amount transacted, especially when a TX takes more than a few weeks.

- JohnK (As quoted in the thread above)

ElJay

full member

Activity: 208

Merit: 100

I'm interested in participating for 30BTC if it still is possible.

dan99

sr. member

Activity: 406

Merit: 250

I may be interested in 50 to a 100.

Doomsby

newbie

Activity: 31

Merit: 0

I would like to get in on a meager 2BTC of chips.

Would I be still getting first batch as well or are we waiting to see if the 390 guy is not 'pending' any longer?

erschiessen

sr. member

Activity: 322

Merit: 250

I would like to be in for 4 BTC... My maths says BTC4 = 51 chips, not including shipping and tipping.

You can see the market react to the Avalon chip sales.
It's pretty cool.

pbflash

member

Activity: 66

Merit: 10

For user nabworth who is stuck in the newbie area.

Quote from: nabworth on April 18, 2013, 06:08:36 PM

In the thread linked above, please post that I am interested in going in on 2btc for the asic chips

spinner

newbie

Activity: 47

Merit: 0

I'm in for 20 BTC (240 chips)

darkjed

member

Activity: 68

Merit: 10

Quote from: ragingazn628 on April 18, 2013, 04:43:25 PM

Quote from: darkjed on April 18, 2013, 04:37:55 PM

Is it still possible to get into this pool. I'm a small fish, but I'm interested in 2 btc worth of chips

yes because 390 is still PENDING. No replies from him yet.

I don't have the ability to private message you but I'm definatly down for 2 BTC worth in that case.

Todamont

sr. member

Activity: 606

Merit: 273

It's all good. Let us know when you have the balance confirmed. Grin

ragingazn628

hero member

Activity: 714

Merit: 500

Coin Generator

Quote from: darkjed on April 18, 2013, 04:37:55 PM

Is it still possible to get into this pool. I'm a small fish, but I'm interested in 2 btc worth of chips

yes because 390 is still PENDING. No replies from him yet.

darkjed

member

Activity: 68

Merit: 10

Is it still possible to get into this pool. I'm a small fish, but I'm interested in 2 btc worth of chips

ragingazn628

hero member

Activity: 714

Merit: 500

Coin Generator

Quote from: Todamont on April 18, 2013, 03:53:38 PM

I'm willing to act as holder of coins for this transaction, or even to do shipping. I run Cryptospora.net and my identity is not hidden.

"I swear by my life and my love of it that I will never live for the sake of another man, nor ask another man to live for mine."

Theft is against my religion, and I take it pretty seriously...

lol really.

Todamont
Jr. Member

Online

Posts: 8

-

The best option I would give so that everyone would have a piece of mind would be PMing those who are contributing 10+ BTC a scan of my Driver's License but other than that it's up to the group to whether or not they will trust me or not.

People who are interested:

17 BTC - Me
10 BTC - rttnpig - PM'd to see if interested in Chips
1 BTC -Luckybit - PM'd to see if interested in Chips
5 BTC - dmo580 - PM'd to see if interested in Chips
2 BTC - dazzle - PM'd to see if interested in Chips
3 BTC - rammy2k2
40 BTC - Rallye - PM'd to see if interested in Chips
2 BTC - haaning - PM'd to see if interested in Chips
10 BTC - GodFader
2BTC - goodney
2 BTC - eghoff
20 BTC - freeworm
390 BTC - ryanfromrethink - PENDING
3 BTC - qbits
10 BTC - cubism4nerds
39 BTC - strombom
10 BTC - pcosias
3 BTC - DPoS
2 BTC - salt
1.5 BTC - Todamont
2 BTC - perseus
1 BTC - sun
20 BTC - alexuk
3 BTC - Enigma81
12 BTC - alexcamp
20 BTC - Bicknellski
4 BTC - daemondazz
50 BTC - Immuzikation
23.5 BTC - atcsecure
100 BTC - AnonF141
5 BTC - Wesly
2 BTC - rideelement247
26 BTC - Egon
1 BTC - samurai1200

Total:
842/782.1 BTC

Todamont

sr. member

Activity: 606

Merit: 273

I'm willing to act as holder of coins for this transaction, or even to do shipping. I run Cryptospora.net and my identity is not hidden.

"I swear by my life and my love of it that I will never live for the sake of another man, nor ask another man to live for mine."

Theft is against my religion, and I take it pretty seriously...

dazzle

newbie

Activity: 49

Merit: 0

Escrow is offered on BMR. Maybe we could use that.

samurai1200

sr. member

Activity: 303

Merit: 250

In for 1 BTC / 12 chips worth. PM'ing right now.

Topic: [Group Buy#1] Avalon ASICs CHIPS! Using JohnK as escrow! FINISHED! - page 104. (Read 150608 times)