Still have NOT RECIEVED Batch #2 Avalon DEMAND A RESPONSE! - page 2.

k9quaint

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Quote from: tom_o on July 21, 2013, 11:56:13 AM

Quote from: Flying Hellfish on July 21, 2013, 11:20:07 AM

Would you be able to point out at what USD/BTC exchange rate it will net you more profit to mine say 60 BTC from a piece of hardware that cost 65 BTC to purchase than it would to just hold onto the 65 BTC?

The point you're missing is the fact there needs to be two chronologically separated exchange rates for this Wink

No, you only need one exchange rate. The one at the time of purchase. If you paid in BTC for your gear, you don't even need that.
At every point in time, having 65 BTC is better than having 60 BTC. If the exchange rate goes up and you choose to have 60 BTC, you are worse off than if you had chosen to have 65 BTC.

If you bought 10 BTC over the counter for $10,000 when MtGox was trading BTC at $100 each. then held the BTC until they were each worth $1001, then sold them, did you win? Should you be happy with that investment? Would you repeat it in the future?

alfabitcoin

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I think that difficulty is a easier to predict then btc/usd exchange and thus ROI/profit in usd. But its not over untill miner actually exchange mined btc to other currency Wink

Hope to OP get his unit fast!

tom_o

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Quote from: Flying Hellfish on July 21, 2013, 11:20:07 AM

Would you be able to point out at what USD/BTC exchange rate it will net you more profit to mine say 60 BTC from a piece of hardware that cost 65 BTC to purchase than it would to just hold onto the 65 BTC?

The point you're missing is the fact there needs to be two chronologically separated exchange rates for this Wink

k9quaint

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Activity: 1190

Merit: 1000

Quote from: Flying Hellfish on July 21, 2013, 11:20:07 AM

Quote from: alfabitcoin on July 21, 2013, 10:50:16 AM

Quote from: jspielberg on July 21, 2013, 09:51:39 AM

Quote from: dogie on July 21, 2013, 09:44:12 AM

How can you miss ROI on a $2k unit...

I find the USD comparisons tiresome.

It is a machine that was bought with BTC. It produces BTC. If they bought it for 65BTC (if the xchg rate ~23 at the time...seems right), they would want it to return 65+BTC. That is the ROI in question. Otherwise they could have just taken their USD and bought BTC directly with it and made a better return (of BTC).

Now the trade-in folks are actually paying ~17BTC... and those guys still have a long wait before their ROI is in jeopardy.

You are right in one way, but forgeting the main goal e.g. making money in $. Finally, all is about dollars and btc price exchange. Market fallow btc/$ exchange. So, usd comparasions are viable IMO.

Would you be able to point out at what USD/BTC exchange rate it will net you more profit to mine say 60 BTC from a piece of hardware that cost 65 BTC to purchase than it would to just hold onto the 65 BTC?

^^This

alfabitcoin

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Activity: 476

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Quote from: Bitcoinorama on July 21, 2013, 11:23:57 AM

Quote from: alfabitcoin on July 21, 2013, 10:50:16 AM

Quote from: jspielberg on July 21, 2013, 09:51:39 AM

Quote from: dogie on July 21, 2013, 09:44:12 AM

How can you miss ROI on a $2k unit...

I find the USD comparisons tiresome.

It is a machine that was bought with BTC. It produces BTC. If they bought it for 65BTC (if the xchg rate ~23 at the time...seems right), they would want it to return 65+BTC. That is the ROI in question. Otherwise they could have just taken their USD and bought BTC directly with it and made a better return (of BTC).

Now the trade-in folks are actually paying ~17BTC... and those guys still have a long wait before their ROI is in jeopardy.

You are right in one way, but forgeting the main goal e.g. making money in $. Finally, all is about dollars and btc price exchange. Market fallow btc/$ exchange. So, usd comparasions are viable IMO.

At what point is the main goal ever about making money in dollars??!

Well, prices are shown in btc but calculated in dollars on current exchange rate. Avalon mine btc, but you can buy something only with btc where dollars are precalculated into bitcoin, just another way of paying.
You want to make money in btc? Well, for that btc must be exclusive paymant without connection to the any other currency! That is not the case today, maybe in future.
Those who question ROI have a goal of having profit in any currency has one perspective. Those who doesn't, who only what to mine coins and to hoard them, they have another perspective.

Bitcoinorama

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Quote from: alfabitcoin on July 21, 2013, 10:50:16 AM

Quote from: jspielberg on July 21, 2013, 09:51:39 AM

Quote from: dogie on July 21, 2013, 09:44:12 AM

How can you miss ROI on a $2k unit...

I find the USD comparisons tiresome.

It is a machine that was bought with BTC. It produces BTC. If they bought it for 65BTC (if the xchg rate ~23 at the time...seems right), they would want it to return 65+BTC. That is the ROI in question. Otherwise they could have just taken their USD and bought BTC directly with it and made a better return (of BTC).

Now the trade-in folks are actually paying ~17BTC... and those guys still have a long wait before their ROI is in jeopardy.

You are right in one way, but forgeting the main goal e.g. making money in $. Finally, all is about dollars and btc price exchange. Market fallow btc/$ exchange. So, usd comparasions are viable IMO.

At what point is the main goal ever about making money in dollars??!

Flying Hellfish

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Activity: 1764

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Verified Bernie Bro - Feel The Bern!

Quote from: alfabitcoin on July 21, 2013, 10:50:16 AM

Quote from: jspielberg on July 21, 2013, 09:51:39 AM

Quote from: dogie on July 21, 2013, 09:44:12 AM

How can you miss ROI on a $2k unit...

I find the USD comparisons tiresome.

It is a machine that was bought with BTC. It produces BTC. If they bought it for 65BTC (if the xchg rate ~23 at the time...seems right), they would want it to return 65+BTC. That is the ROI in question. Otherwise they could have just taken their USD and bought BTC directly with it and made a better return (of BTC).

Now the trade-in folks are actually paying ~17BTC... and those guys still have a long wait before their ROI is in jeopardy.

You are right in one way, but forgeting the main goal e.g. making money in $. Finally, all is about dollars and btc price exchange. Market fallow btc/$ exchange. So, usd comparasions are viable IMO.

Would you be able to point out at what USD/BTC exchange rate it will net you more profit to mine say 60 BTC from a piece of hardware that cost 65 BTC to purchase than it would to just hold onto the 65 BTC?

alfabitcoin

sr. member

Activity: 476

Merit: 250

Quote from: jspielberg on July 21, 2013, 09:51:39 AM

Quote from: dogie on July 21, 2013, 09:44:12 AM

How can you miss ROI on a $2k unit...

I find the USD comparisons tiresome.

It is a machine that was bought with BTC. It produces BTC. If they bought it for 65BTC (if the xchg rate ~23 at the time...seems right), they would want it to return 65+BTC. That is the ROI in question. Otherwise they could have just taken their USD and bought BTC directly with it and made a better return (of BTC).

Now the trade-in folks are actually paying ~17BTC... and those guys still have a long wait before their ROI is in jeopardy.

You are right in one way, but forgeting the main goal e.g. making money in $. Finally, all is about dollars and btc price exchange. Market fallow btc/$ exchange. So, usd comparasions are viable IMO.

jspielberg

sr. member

Activity: 490

Merit: 255

Quote from: dogie on July 21, 2013, 09:44:12 AM

How can you miss ROI on a $2k unit...

I find the USD comparisons tiresome.

It is a machine that was bought with BTC. It produces BTC. If they bought it for 65BTC (if the xchg rate ~23 at the time...seems right), they would want it to return 65+BTC. That is the ROI in question. Otherwise they could have just taken their USD and bought BTC directly with it and made a better return (of BTC).

Now the trade-in folks are actually paying ~17BTC... and those guys still have a long wait before their ROI is in jeopardy.

dogie

legendary

Activity: 1666

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dogiecoin.com

How can you miss ROI on a $2k unit...

rammy2k2

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Activity: 1974

Merit: 1003

reading this ... im shocked ... i was thinking avalon is a top quality company, i feel sorry for you guys , u missed a lot of BTC, maybe even ROI for batch #2 .. scary ..

Carlton Banks

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Activity: 3430

Merit: 3083

despite being a happy batch 1 customer, I'm also missing my Batch 2 order, and have totally run out of patience. Batch 1 was no problem, arrived more or less when expected. Batch 2 went very wrong, no order #, no order represented on the store, zilch. The fact that batch 3 customers are now receiving theirs is making me pretty pissed: I paid on February 2nd.

tctsk8r

newbie

Activity: 25

Merit: 0

I'm aware this is not the best place, but it's better than nothign which seems to be my only option at the moment. If they continue to ignore me I'll have to find a lawyer as well. This it out of hand. I feel it is fair to publicly SHAME them as well for such terrible communication.

kjj

legendary

Activity: 1302

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Quote from: dogie on July 20, 2013, 05:22:04 PM

Quote from: CryptoCluster on July 20, 2013, 05:21:21 PM

Quote from: joeventura on July 20, 2013, 05:16:02 PM

Is this the best place for you to get an answer?

I believe it is quite good. As far as I know in many situation only way to get Yifu attention, is to publicly show that Avalon business is not much better then BFL...

Really?

This is a terrible place to contact them. Just like everywhere else.

Tickets are ignored. PMs are ignored. Emails are ignored. Even phone calls are ignored.

The next step for me is a certified letter from my lawyer to their registered agent.

dogie

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Activity: 1666

Merit: 1185

dogiecoin.com

Quote from: CryptoCluster on July 20, 2013, 05:21:21 PM

Quote from: joeventura on July 20, 2013, 05:16:02 PM

Is this the best place for you to get an answer?

I believe it is quite good. As far as I know in many situation only way to get Yifu attention, is to publicly show that Avalon business is not much better then BFL...

Really?

CryptoCluster

member

Activity: 84

Merit: 10

Quote from: joeventura on July 20, 2013, 05:16:02 PM

Is this the best place for you to get an answer?

I believe it is quite good. As far as I know in many situation only way to get Yifu attention, is to publicly show that Avalon business is not much better then BFL...

joeventura

hero member

Activity: 854

Merit: 500

Is this the best place for you to get an answer?

tctsk8r

newbie

Activity: 25

Merit: 0

Bump for visibility

tctsk8r

newbie

Activity: 25

Merit: 0

To this date I still have not recieved a response from Yifu despite providing evidence of purchase and even a walletbit confirmation.

At this point I am pissed and DEMAND a resonponse from YIFU.

I am posting on this subforum for visibility as my Newbie one has been ignored.

Here is my thread detailing more info. I provide the Transacation and Signature proving I sent the bitcoins.

https://bitcointalksearch.org/topic/m.2764332

Topic: Still have NOT RECIEVED Batch #2 Avalon DEMAND A RESPONSE! - page 2. (Read 3023 times)