Anyone want to sell their group buy chips at .06 per chip? If they do refund I get a little profit for my risk, if they don't then you came out better than you would have. Let me know if any interest?
here come the buzzards
Topic: Incoming Avalon News 8/9/2013 - page 23. (Read 186657 times)
here come the buzzards
Looks like yifu is pushing for full refunds for chip orders:
https://bitcointalksearch.org/topic/m.3035535
Group buys should be okay, but someone is going to need to eat the cost of the PCB's and components.
https://bitcointalksearch.org/topic/m.3035535
Group buys should be okay, but someone is going to need to eat the cost of the PCB's and components.
I want my chips... Not a refund...
I hope it's still possible to receive chips and yofu will NOT refund just all orders...
Do you have a 10k order for yourself or you joined some group buy? In the second case, I don't think it is possible to split orders and ask for a refund only for a part of them
unless, what some group buys seems to do:
they will just offer refunds on a first come first served base; the reversed process of ordering chips:
once 10000 chips total are asked for a refund, they will ask for a refund and so one.
Looks like yifu is pushing for full refunds for chip orders:
https://bitcointalksearch.org/topic/m.3035535
Group buys should be okay, but someone is going to need to eat the cost of the PCB's and components.
https://bitcointalksearch.org/topic/m.3035535
Group buys should be okay, but someone is going to need to eat the cost of the PCB's and components.
I want my chips... Not a refund...
I hope it's still possible to receive chips and yofu will NOT refund just all orders...
Do you have a 10k order for yourself or you joined some group buy? In the second case, I don't think it is possible to split orders and ask for a refund only for a part of them
Full Refund Now!
+1 and please promptly to Sebastians Group Buy
Full Refund Now!
Yifu should look after the hardware builders - they have now massive troubles with their clients finally. They ordered a lot of parts, worked a lot, build their own miners and now all damage is unloaded to them. This are maximum 10 people/companies at all I think here in this community, so hope they get a nice deal as otherwise nobody would build next generation miners with your chips. I am sure talking with them can get some solutions out and maybe most parts could be reused later.
Looks like yifu is pushing for full refunds for chip orders:
https://bitcointalksearch.org/topic/m.3035535
Group buys should be okay, but someone is going to need to eat the cost of the PCB's and components.
https://bitcointalksearch.org/topic/m.3035535
Group buys should be okay, but someone is going to need to eat the cost of the PCB's and components.
I want my chips... Not a refund...
I hope it's still possible to receive chips and yofu will NOT refund just all orders...
What you gonna do with useless chips with no possible ROI ?
Some of us are out a lot of money with no chips. At least the option of getting most of it back is better than half of our money.
Looks like yifu is pushing for full refunds for chip orders:
https://bitcointalksearch.org/topic/m.3035535
Group buys should be okay, but someone is going to need to eat the cost of the PCB's and components.
https://bitcointalksearch.org/topic/m.3035535
Group buys should be okay, but someone is going to need to eat the cost of the PCB's and components.
I want my chips... Not a refund...
I hope it's still possible to receive chips and yofu will NOT refund just all orders...
What you gonna do with useless chips with no possible ROI ?
Looks like yifu is pushing for full refunds for chip orders:
https://bitcointalksearch.org/topic/m.3035535
Group buys should be okay, but someone is going to need to eat the cost of the PCB's and components.
https://bitcointalksearch.org/topic/m.3035535
Group buys should be okay, but someone is going to need to eat the cost of the PCB's and components.
I want my chips... Not a refund...
I hope it's still possible to receive chips and yofu will NOT refund just all orders...
Quote
The main reason that monopolies are illegal is because buyers get screwed and sellers can essentially charge whatever they want. ASICMiner essentially had a monopoly on in hand ASIC mining hardware that ships immediately for the last six months, so they could rip buyers off.
I still don't believe a single person who bought ASICMiner hardware at ASICMiner prices and mined with it made their investment in bitcoin back. Can you point to a single example of where a buyer of ASICMiner hardware got a good deal and achieved ROI by mining? I can't.
The only reason they lowered their prices of blades and USB miners to more reasonable levels recently (but they are still bitcoin losers in my opinion) is because of exploding difficulty and increased competition.
I still don't believe a single person who bought ASICMiner hardware at ASICMiner prices and mined with it made their investment in bitcoin back. Can you point to a single example of where a buyer of ASICMiner hardware got a good deal and achieved ROI by mining? I can't.
The only reason they lowered their prices of blades and USB miners to more reasonable levels recently (but they are still bitcoin losers in my opinion) is because of exploding difficulty and increased competition.
You're completely wrong, maybe you don't understand how auctions work. AM had in-hand equipment for immediate sale. Friedcat stated that a small number of blades would be placed for auction to determine the price. People in that initial purchase paid I believe between 70-75 BTC for the privilege for being first. Another set of auctions for larger amounts of blades, people paid around 50 BTC (me included). I believed that was a fair price for the difficulty, device hash rate, power, size, etc. AM did not set the high price. AM did not essentially "charge what they want".
Looks like yifu is pushing for full refunds for chip orders:
https://bitcointalksearch.org/topic/m.3035535
Group buys should be okay, but someone is going to need to eat the cost of the PCB's and components.
https://bitcointalksearch.org/topic/m.3035535
Group buys should be okay, but someone is going to need to eat the cost of the PCB's and components.
This all is very unfortunate.
Could this be the end of Bit-Coins?
Looks like all the hashing power is going to end up in just a few peoples hands.
What made bit-coin great was the ability for anyone who wanted to mine to do so.
This has all changed and could be the downfall for bit-coin.
Maybe it's time to discontinue the use of bit-coin's and start using lite-coin's.
Could this be the end of Bit-Coins?
Looks like all the hashing power is going to end up in just a few peoples hands.
What made bit-coin great was the ability for anyone who wanted to mine to do so.
This has all changed and could be the downfall for bit-coin.
Maybe it's time to discontinue the use of bit-coin's and start using lite-coin's.
I hate to say it, but I think you might be right. GPUs were the great equalizer. Anyone could walk into a computer store and walk out with hashing equipment. Now, you are entirely at the mercy of ASIC companies. The temptation is too great for these manufacturers not to ship. Why should they? They have 100% of the control - they have your money, your equipment, and all the time they need. Only when the devices are worthless are they shipped. With the exception of ASICMINER, there's so much conclusive evidence of foul-play, it makes me never want to buy another ASIC again. I feel that if this continues, the BTC community may collectively say "enough" and move to LTC. Someone please correct me if I'm wrong, but you can't make ASICs for the scrypt protocol.
I wouldn't be so fast to give ASICMiner a pass. I don't think a single person who bought ASICMiner hardware to mine actually made their bitcoin back. Sure, some folks may have done OK by selling to a greater fool, but ASICMiner prices are outrageous so buying ASICMiner hardware to mine is a losing proposition for the miner.
It's the consumers fault (I'm a consumer) if they never reached ROI. The first several blade sales were through auction, so we set the price. AM had that equipment to me, fully operational and meeting specs, in less than four days. AM would be the only company I would feel comfortable buying from at the moment.
True, it's business as usual in the bitcoin mining world. With the exception of a few folks in the DIY community on this site, everyone is trying to rip everyone else off. It's actually pretty sad.
BFL, Avalon, and ASICMiner are some of the worst ripoff offenders, and don't even get me started on folks who auction off ASICs on ebay and this site.
I'll reiterate. ASICMINER, so far, has always delivered product on-hand and on-time. Don't lump them in with BFL and Avalon. Also, just as long as bid-shilling isn't happening, auctions are the best way to find the true value/price of anything. If someone wants to spend $1,000 for a Beanie Baby or $1,000,000 for a Picasso, that's the value. The BTC community set the high prices on AM devices, not friedcat.
The main reason that monopolies are illegal is because buyers get screwed and sellers can essentially charge whatever they want. ASICMiner essentially had a monopoly on in hand ASIC mining hardware that ships immediately for the last six months, so they could rip buyers off.
I still don't believe a single person who bought ASICMiner hardware at ASICMiner prices and mined with it made their investment in bitcoin back. Can you point to a single example of where a buyer of ASICMiner hardware got a good deal and achieved ROI by mining? I can't.
The only reason they lowered their prices of blades and USB miners to more reasonable levels recently (but they are still bitcoin losers in my opinion) is because of exploding difficulty and increased competition.
All those 103 BTC transactions look like Batch 3.
That is good! YiFu is following through. I know we've all been clamoring to see something happen, so let's give him the moment to make it better.
This all is very unfortunate.
Could this be the end of Bit-Coins?
Looks like all the hashing power is going to end up in just a few peoples hands.
What made bit-coin great was the ability for anyone who wanted to mine to do so.
This has all changed and could be the downfall for bit-coin.
Maybe it's time to discontinue the use of bit-coin's and start using lite-coin's.
Could this be the end of Bit-Coins?
Looks like all the hashing power is going to end up in just a few peoples hands.
What made bit-coin great was the ability for anyone who wanted to mine to do so.
This has all changed and could be the downfall for bit-coin.
Maybe it's time to discontinue the use of bit-coin's and start using lite-coin's.
I hate to say it, but I think you might be right. GPUs were the great equalizer. Anyone could walk into a computer store and walk out with hashing equipment. Now, you are entirely at the mercy of ASIC companies. The temptation is too great for these manufacturers not to ship. Why should they? They have 100% of the control - they have your money, your equipment, and all the time they need. Only when the devices are worthless are they shipped. With the exception of ASICMINER, there's so much conclusive evidence of foul-play, it makes me never want to buy another ASIC again. I feel that if this continues, the BTC community may collectively say "enough" and move to LTC. Someone please correct me if I'm wrong, but you can't make ASICs for the scrypt protocol.
I wouldn't be so fast to give ASICMiner a pass. I don't think a single person who bought ASICMiner hardware to mine actually made their bitcoin back. Sure, some folks may have done OK by selling to a greater fool, but ASICMiner prices are outrageous so buying ASICMiner hardware to mine is a losing proposition for the miner.
It's the consumers fault (I'm a consumer) if they never reached ROI. The first several blade sales were through auction, so we set the price. AM had that equipment to me, fully operational and meeting specs, in less than four days. AM would be the only company I would feel comfortable buying from at the moment.
True, it's business as usual in the bitcoin mining world. With the exception of a few folks in the DIY community on this site, everyone is trying to rip everyone else off. It's actually pretty sad.
BFL, Avalon, and ASICMiner are some of the worst ripoff offenders, and don't even get me started on folks who auction off ASICs on ebay and this site.
I'll reiterate. ASICMINER, so far, has always delivered product on-hand and on-time. Don't lump them in with BFL and Avalon. Also, just as long as bid-shilling isn't happening, auctions are the best way to find the true value/price of anything. If someone wants to spend $1,000 for a Beanie Baby or $1,000,000 for a Picasso, that's the value. The BTC community set the high prices on AM devices, not friedcat.
All those 103 BTC transactions look like Batch 3.
Yeh, those are batch#3 refunds.
All those 103 BTC transactions look like Batch 3.
I hope a lot of people will ask for a refund, in that way, the group buys will receive their chips faster 
(as I suspect that refunds for group buys are not practically possible)
(as I suspect that refunds for group buys are not practically possible)
speak to the group buyer who is responsible for that.
So the "chips are stuck at customs" statement was a lie, he publicly stated a lie to all his investors. Every judge in every jurisdiction loves that kind of stuff.
Double selling pre-ordered hardware + public lying to investors.
Hope to see you with pirateat40 behind bars.
WE DEMAND A CLEAR DEADLINE FOR REFUNDS, NO EMPTY PROMISES THIS TIME
LOL you coward suddenly you can make refunds, you are afraid of hard time in prison, that's it!
Double selling pre-ordered hardware + public lying to investors.
Hope to see you with pirateat40 behind bars.
WE DEMAND A CLEAR DEADLINE FOR REFUNDS, NO EMPTY PROMISES THIS TIME
LOL you coward suddenly you can make refunds, you are afraid of hard time in prison, that's it!
lol! you think if I got the skills to make ASICs don't you think I can run a scam better than this?
to be honest this isn't good for my chi/emotional well being and I'd like to wash my hands of it.
let's hope in the future not doing any pre-sells would solve all these problems.
This thread is priceless. 
1 - Refund all who have already requested it NOW!
2 - Refund all who will request it within 24 hours!
3 - Post an apology immediately telling us what really happened
Then you can start mending your chi.
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