I am planning to buy Avalon batch 3..is batch 3 invitations only? - page 2.

Rampion

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Quote from: koob on March 20, 2013, 05:25:16 AM

Quote from: shibaji on March 20, 2013, 05:16:12 AM

For example, someone also mentioned the 88BTC - 115BTC price is taking BTC value at usd 20. If that is computed accordingly, things would be fine.

http://translate.google.com/translate?hl=en&sl=zh-CN&tl=en&u=http%3A%2F%2Fbbs.btcman.com%2Fforum.php%3Fmod%3Dviewthread%26tid%3D1550%26extra%3Dpage%253D1

As quoted from chinese forum the price WILL BE between 88-115 BTC.
So with BFL on the way it wont be profitable. Better to invest in BTC.

Funny thing is that they say 90 btc is estimated on "reasonably expected ROI". Yeah, "reasonably expected" if BFL is a scam, no other player delivers ANY ASIC in 2013, and ASICminer does not deploy any more THs.

Even if all the above turns out to be true and AVALON is the only company deploying ASICs from now on, the ROI will be in aprox. 3 months. And believing that all the points above are true is a +5.000usd bet I'm not willing to take.

koob

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Quote from: shibaji on March 20, 2013, 05:16:12 AM

For example, someone also mentioned the 88BTC - 115BTC price is taking BTC value at usd 20. If that is computed accordingly, things would be fine.

http://translate.google.com/translate?hl=en&sl=zh-CN&tl=en&u=http%3A%2F%2Fbbs.btcman.com%2Fforum.php%3Fmod%3Dviewthread%26tid%3D1550%26extra%3Dpage%253D1

As quoted from chinese forum the price WILL BE between 88-115 BTC.
So with BFL on the way it wont be profitable. Better to invest in BTC.

shibaji

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Quote from: Rodyland on March 20, 2013, 05:11:13 AM

I'm glad I'm not the only one feeling this. As much as I want to support btc, at this price I'm afraid my support will be limited to buying stuff using btc when I can. It's a shame, because I _want_ to support the network.

BTC pricing is fine - the problem is merchant product pricing. They should adjust BTC price according to fiat value. All these discussion about avalon batch 3 originated from the static page someone found. However, if avalon actually adjusts the BTC price taking care of the market value, that should do it.

For example, someone also mentioned the 88BTC - 115BTC price is taking BTC value at usd 20. If that is computed accordingly, things would be fine.

Rodyland

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Quote from: Rampion on March 20, 2013, 04:56:05 AM

Quote from: Rodyland on March 20, 2013, 04:52:47 AM

At that price, given the current exchange rate, I'm seriously reconsidering my desire to buy a batch 3 miner. I'd be more inclined to simply put the cash that I do have (and not enough to buy a batch 3) into btc and hold on.

The expected value of buying btc and holding is much higher than buying an AVALON batch #3 unit at +5.000usd.

At 1.500usd it was uncertain, but at least ROI was feasible and mining has other incentives (securing the network, etc.). But at +5000usd? NO WAY.

I'm glad I'm not the only one feeling this. As much as I want to support btc, at this price I'm afraid my support will be limited to buying stuff using btc when I can. It's a shame, because I _want_ to support the network.

Rampion

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Quote from: Rodyland on March 20, 2013, 04:52:47 AM

At that price, given the current exchange rate, I'm seriously reconsidering my desire to buy a batch 3 miner. I'd be more inclined to simply put the cash that I do have (and not enough to buy a batch 3) into btc and hold on.

The expected value of buying btc and holding is much higher than buying an AVALON batch #3 unit at +5.000usd.

At 1.500usd it was uncertain, but at least ROI was feasible and mining has other incentives (securing the network, etc.). But at +5000usd? NO WAY.

Rodyland

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Activity: 499

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At that price, given the current exchange rate, I'm seriously reconsidering my desire to buy a batch 3 miner. I'd be more inclined to simply put the cash that I do have (and not enough to buy a batch 3) into btc and hold on.

Rampion

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Quote from: shibaji on March 20, 2013, 04:26:54 AM

BTC88 - BTC115 !!!

Wow! Greed takes over. This is a sure shot losing proposal for anyone purchasing these.

Yeah, now it's PURE GAMBLE with negative expected value. If btc/usd skyrockets and difficulty climbs reasonably low (meaning that no other player delivers ASICs), it may be profitable in quite a long term. If difficulty climbs fast (meaning more ASICs reaching miners), btc/usd stays pretty much the same, at this price AVALON ASICs is a losing bet for sure.

Greed takes over. Pretty bad move from a consumer point of view.

Uuno

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I thought it was mistake but I guess it's not? Huh

Yeah, that pretty much destroys my plan for getting one device from batch#3.

shibaji

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BTC88 - BTC115 !!!

Wow! Greed takes over. This is a sure shot losing proposal for anyone purchasing these.

Rampion

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Quote from: needbmw on March 20, 2013, 03:55:12 AM

Quote from: Integ on March 20, 2013, 03:33:42 AM

Rather, it is not much higher, but "improved". It may be "much lower" Wink

The price will be from BTC88 to BTC115 depending on number of slots.

88 to 115 btc? If the specs are similar to the units of the first 2 batches that price is SO wrong. They have been advertising 1.500usd until a few days ago. At that price, it was a "safe" gamble. At +5.000usd, if the GHs are still 65 to 85GHs, the gamble is very risky. With both the btc price and the difficulty is skyrocketing, it's much safer to hold on your BTC, and way for a "second gen" ASICs.

yxt

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wow 5200$

hope the trade in price stays at 1500

needbmw

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Quote from: Integ on March 20, 2013, 03:33:42 AM

Rather, it is not much higher, but "improved". It may be "much lower" Wink

The price will be from BTC88 to BTC115 depending on number of slots.

Integ

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!

Quote from: HorseRider on March 20, 2013, 03:00:29 AM

It is not invitation only. According to ngzhang, the Batch#3 will open very soon at a much higher price.

http://bbs.btcman.com/forum.php?mod=viewthread&tid=1550&extra=page%3D1

Rather, it is not much higher, but "improved". It may be "much lower" Wink

Thunderstriker

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http://Http://store.avalon-asics.com/?product=avalon-asic-unit

Avalon ASIC Unit – Batch Three
From: ฿88.00

HorseRider

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It is not invitation only. According to ngzhang, the Batch#3 will open very soon at a much higher price.

http://bbs.btcman.com/forum.php?mod=viewthread&tid=1550&extra=page%3D1

TwinTurbo

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Quote from: Dalkore on March 20, 2013, 01:47:11 AM

Quote from: TwinTurbo on March 19, 2013, 11:39:25 PM

Quote from: Dalkore on March 19, 2013, 09:59:49 PM

I am doubtful on the invitations, it may be a way to reserve your spot so we don't create another DDoS attack on their servers. Yifu said a main stated goal was to secure the network by getting as many units into as many hands as possible. That is a reason for the 3 unit limit on this last batch (yes, I know some people got around this).

There was a 3 unit limit on batch 2 or will be on batch 3? Do you have a link to more info on this?

On batch #2 it was 3. It has not been announced for Batch 3.

Interesting. I had ordered pretty early that day and did not encounter any limit or message stating such. A friend of mine also had ordered more than 3 later in the day and had no problems either. Was this something that happened at a later point in the day after the payment processor issues, etc?

Dalkore

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Quote from: TwinTurbo on March 19, 2013, 11:39:25 PM

Quote from: Dalkore on March 19, 2013, 09:59:49 PM

I am doubtful on the invitations, it may be a way to reserve your spot so we don't create another DDoS attack on their servers. Yifu said a main stated goal was to secure the network by getting as many units into as many hands as possible. That is a reason for the 3 unit limit on this last batch (yes, I know some people got around this).

There was a 3 unit limit on batch 2 or will be on batch 3? Do you have a link to more info on this?

On batch #2 it was 3. It has not been announced for Batch 3.

vvic

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yeah, they should do invitations. if you have ordered asic from batch #1 or #2 you can invite someone. Amount of invitations is proportioned to amount asics you've bought. So, you can either invite yourself or someone else. Those invitations would be sold nicely, huh? Grin

TwinTurbo

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Quote from: Dalkore on March 19, 2013, 09:59:49 PM

I am doubtful on the invitations, it may be a way to reserve your spot so we don't create another DDoS attack on their servers. Yifu said a main stated goal was to secure the network by getting as many units into as many hands as possible. That is a reason for the 3 unit limit on this last batch (yes, I know some people got around this).

There was a 3 unit limit on batch 2 or will be on batch 3? Do you have a link to more info on this?

Dalkore

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Activity: 1330

Merit: 1026

Mining since 2010 & Hosting since 2012

I am doubtful on the invitations, it may be a way to reserve your spot so we don't create another DDoS attack on their servers. Yifu said a main stated goal was to secure the network by getting as many units into as many hands as possible. That is a reason for the 3 unit limit on this last batch (yes, I know some people got around this).

Topic: I am planning to buy Avalon batch 3..is batch 3 invitations only? - page 2. (Read 6497 times)