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Topic: [Group Buy#1] Avalon ASICs CHIPS! Using JohnK as escrow! FINISHED! - page 82. (Read 150591 times)

hero member
Activity: 714
Merit: 500
Coin Generator
hello, i sent an additional 1.034375 BTC to top up to 192 chips total.  Thank you

https://blockchain.info/tx/6c9f3fbaae0e900d70aec6e3b23935345d1ab9f7fbc183644fe91fc944743c1f

Will update the sheet when I get home, thanks.

How's Ataxx going with the BTC? It would be awesome to nail this in a few hours! Grin

Just got off the phone with him. He's doing a cash transaction tomorrow. Let's wish him luck.

Check it out guys... still in the works but it's pretty slick I think Wink

http://neo-asics.com/

Site might not update yet for some ISP try ALT + F5

tell me what you think!

PS I NEED a hardcore photoshop (or any photoshop for logo design lol)
member
Activity: 94
Merit: 10
sorry for so many transactions, but I had to send 0.08314528  more in order to get an even number of chips.
full member
Activity: 139
Merit: 100

I sent another 1.3735 which should bring me up to 30 chips total from my previous 12.8-ish chips.

https://blockchain.info/tx/857ba2d638766f7977d3bf6aed49a4b1430ca41bf0f54ad33fdbf047e8a02926

legendary
Activity: 1288
Merit: 1227
Away on an extended break
hello, i sent an additional 1.034375 BTC to top up to 192 chips total.  Thank you

https://blockchain.info/tx/6c9f3fbaae0e900d70aec6e3b23935345d1ab9f7fbc183644fe91fc944743c1f

Will update the sheet when I get home, thanks.

How's Ataxx going with the BTC? It would be awesome to nail this in a few hours! Grin
member
Activity: 72
Merit: 10
hello, i sent an additional 1.034375 BTC to top up to 192 chips total.  Thank you

https://blockchain.info/tx/6c9f3fbaae0e900d70aec6e3b23935345d1ab9f7fbc183644fe91fc944743c1f
legendary
Activity: 1288
Merit: 1227
Away on an extended break
You are correct, John.
It is Labor day... and it is a 3 day event.
I originally thought that it BEGAN on May 1, but this year it begins Monday 4/29.

In light of the Labor Day National Holidays, I vote that Avalon receives our order Sunday at the latest.
BitSymCom should be reached to see if they will be in office on what we call 'the weekend'.


Hmm... Labour day is not celebrated since 2007 in China AFAIK. I guess we'll have to confirm with Avalon for their holidays though.
member
Activity: 87
Merit: 12
You are correct, John.
It is Labor day... and it is a 3 day event.
I originally thought that it BEGAN on May 1, but this year it begins Monday 4/29.

In light of the Labor Day National Holidays, I vote that Avalon receives our order Sunday at the latest.
BitSymCom should be reached to see if they will be in office on what we call 'the weekend'.


Avalon has given the other group buy a promise of honoring up to May 1 0000 UTC in the upcoming production run, so the rationale is to make our return deadline 24 hours before this.
hero member
Activity: 714
Merit: 500
Coin Generator
UPDATE!

I just called Mike (Ataxx)

he's currently at the BTC conference. Let's hope this goes through and we could have our batch done TONIGHT!
sr. member
Activity: 322
Merit: 250
You are correct, John.
It is Labor day... and it is a 3 day event.
I originally thought that it BEGAN on May 1, but this year it begins Monday 4/29.

In light of the Labor Day National Holidays, I vote that Avalon receives our order Sunday at the latest.
BitSymCom should be reached to see if they will be in office on what we call 'the weekend'.
hero member
Activity: 714
Merit: 500
Coin Generator
Woohoo good work OP -

Alright everyone - I have put together an excel document that will allow us to vote on the deadline, but I want some input on what a reasonable deadline is. I know the goal of the deadline is to get in before the deadline for the other group buy.

The deadline for the other group buy is zero hour zulu time may 1, which basically translates to April 30th 23:59:59 UTC, 2013.

I propose our deadline be 24 hours before this to give John K 24 hours to distribute BTC if we fail to hit the total.  That would be a deadline of April 29th 23:59:59 UTC, 2013.  For easy conversion, that means we would have all BTC in by Monday, April 29th 5 PM Pacific Daylight time, giving everyone until the end of the business day Monday.

Can I get some concensus on this deadline or discussion on anything that needs changing? I will commute home and reply to this thread during, and I will post the full discourse and excel document tracking votes after 11 PM EDT.

edit: for the record, this proposal includes giving JohnK his 1% escrow either way for his hard work.

I agree. I will call Ataxx right now to see how his meeting went.

of 801.6525BTC sent!

Let's get this 100% guys! Make this go viral if you have to! Ask around to see if anyone with BTC available is interested in filling the rest of this group buy.

member
Activity: 87
Merit: 12
Woohoo good work OP -

Alright everyone - I have put together an excel document that will allow us to vote on the deadline, but I want some input on what a reasonable deadline is. I know the goal of the deadline is to get in before the deadline for the other group buy.

The deadline for the other group buy is zero hour zulu time may 1, which basically translates to April 30th 23:59:59 UTC, 2013.

I propose our deadline be 24 hours before this to give John K 24 hours to distribute BTC if we fail to hit the total.  That would be a deadline of April 29th 23:59:59 UTC, 2013.  For easy conversion, that means we would have all BTC in by Monday, April 29th 5 PM Pacific Daylight time, giving everyone until the end of the business day Monday.

Can I get some concensus on this deadline or discussion on anything that needs changing? I will commute home and reply to this thread during, and I will post the full discourse and excel document tracking votes after 11 PM EDT.

edit: for the record, this proposal includes giving JohnK his 1% escrow either way for his hard work.
legendary
Activity: 1288
Merit: 1227
Away on an extended break
I like it, ragin...

IMO (granted, I M n00b) - I would like Avalon to receive our order by THEIR close of business Tuesday, at the VERY latest.
May Day they will not be working, in all probibilty... will they work at all the remainder of the week?

There's no May day at China.
sr. member
Activity: 322
Merit: 250
I like it, ragin...

IMO (granted, I M n00b) - I would like Avalon to receive our order by THEIR close of business Tuesday, at the VERY latest.
May Day they will not be working, in all probibilty... will they work at all the remainder of the week?
legendary
Activity: 1288
Merit: 1227
Away on an extended break
I see the tx but I can't edit it atm as I'm on mobile. I'll update the sheet when I get home, thanks.
hero member
Activity: 714
Merit: 500
Coin Generator

Alright, we need a bigger push to get these chips in.

I want to ask two things:

(1) OP - can you put your personal stake in?  I know you are waiting on partners but everyone will rest easier when your money is up.

(2) Ataxx seems like a nice guy, but he's very new on this forum.  We need to start closing out the remaining 200 BTC of stake.



That said, I propose we work to close out the outstanding 198 BTC through any purchaser available.

I will have an agreement for everyone to vote for or against for a deadline for the escrow tonight, so make sure to sign in later!


Remember, the deadline is to protect your bitcoins so that you can put your money down now with a guarantee that you will get it back should these 200 BTC not materialize at least 24 hours before the ship date for Avalon's large order in Germany.  This is to create options for people who bought in in good faith that this would materialize quickly, and as such the deadline will create safety for those still wishing to contribute.

Sent my original pledge (without my friends)

https://blockchain.info/tx/958472b565b5d19236383dd60bc499eda04351e8212532b4d04d5d8b306a47dd

Please confirm JohnK. P.S I did not include any fees yet. I will do that when  more BTC comes in from MTGOX! Sent raw 17BTC for now!

I hope this will alleviate some stress / pressure / anxiety for some people Smiley


UPDATE!

Alright guys. I think I can move towards the next step in my little business plan as far as working with the local engineers in my state. I decided to purchase domains for my small start up group!

Ladies and Gentlemen, I present to you:



(30 second paint job)

http://neo-asics.com/ will currently point to the updated spreadsheet

I will keep you guys updated on what we plan on doing as far as assembling these machines. After talking to my team we are confident that we can put together a machine using Avalon ASICs chips. But only time can tell until we can put together concrete evidence. We are just doing a lot of research right now but the enthusiasm is really high!

If you are interested in having machines made using your chips send me a PM! This will be a first come first serve basis.

As for pricing we will be asking for parts + labor. Pricing at this point is unknown but you can base it some what on:

https://www.dropbox.com/s/45698vk7bpvbdkp/BOM.xls - from the DIY thread.

Obviously you can opt out anytime you want  this is just so I can see who is interested in something like this!

P.S I need a photoshop guru to design my logo hehe


legendary
Activity: 1288
Merit: 1227
Away on an extended break
Well, I am accepting all orders currently to reach that complete point - if anyone's funds comes in before OP's or Ataxx's I will honor them.

As for deadlines, I would put that at next Tues/Wed at latest, and probably earlier as I fully expect Ataxx's funds to cover the remaining balance of what's remaining.
member
Activity: 87
Merit: 12
I can't seem to find the conversion rate for the exact amount. What is the exact amount of btc per chip, including shipping and fees? I'm needing 30 of 'em, and I need to hit up bit instant ASAP.  Grin

There is an exact base amount per chip listed in the top post.   It also specifies a specific 0.035 shipping fee for Avalon to the states, and the multiplier for each fee.  If you go over a little bit, John K will record the extra and it will go towards your shipping from Conneticut. Or, I assume it could be refunded later by OP.
member
Activity: 87
Merit: 12

Alright, we need a bigger push to get these chips in.

I want to ask two things:

(1) OP - can you put your personal stake in?  I know you are waiting on partners but everyone will rest easier when your money is up.

(2) Ataxx seems like a nice guy, but he's very new on this forum.  We need to start closing out the remaining 200 BTC of stake.



That said, I propose we work to close out the outstanding 198 BTC through any purchaser available.

I will have an agreement for everyone to vote for or against for a deadline for the escrow tonight, so make sure to sign in later!


Remember, the deadline is to protect your bitcoins so that you can put your money down now with a guarantee that you will get it back should these 200 BTC not materialize at least 24 hours before the ship date for Avalon's large order in Germany.  This is to create options for people who bought in in good faith that this would materialize quickly, and as such the deadline will create safety for those still wishing to contribute.
legendary
Activity: 1288
Merit: 1227
Away on an extended break
Use the spreadsheet calculator, or do the math yourself:

(((num. chips)/10000)*780*1.025)+0.035 =BTC needed in total for 1 member
full member
Activity: 224
Merit: 100
I can't seem to find the conversion rate for the exact amount. What is the exact amount of btc per chip, including shipping and fees? I'm needing 30 of 'em, and I need to hit up bit instant ASAP.  Grin
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