The latest Avalon announcement in China(Translated). Batch #3, price and more. - page 7.

TwinTurbo

member

Activity: 91

Merit: 10

Quote from: Aseras on March 22, 2013, 02:52:26 PM

Quote from: ?? on ??

i havent seen these 'wild downward swings'...

all ive seen is a few solid jumps immediately after mainstream news stories.

were you here 2 years ago? even last year?

https://blockchain.info/charts/market-price

see that? that's a bubble in progress.

...and looks like it might have just popped. $65.88 and dropping.

Aseras

hero member

Activity: 658

Merit: 500

Quote from: alexanderanon on March 22, 2013, 12:38:28 PM

Where is this newsletter? Is it the same as email subscription?

yes

Aseras

hero member

Activity: 658

Merit: 500

Quote from: ?? on ??

i havent seen these 'wild downward swings'...

all ive seen is a few solid jumps immediately after mainstream news stories.

were you here 2 years ago? even last year?

https://blockchain.info/charts/market-price

see that? that's a bubble in progress.

ProfMac

legendary

Activity: 1246

Merit: 1002

Quote from: Aseras on March 22, 2013, 11:12:40 AM

Quote from: ProfMac on March 22, 2013, 11:02:11 AM

Quote from: GalaxyASIC on March 22, 2013, 11:00:33 AM

Dump our btc just to see what some dude will do with his price ? That will be like shooting yourself in the foot for fun.

Why would anyone buy avalon at 88btc if by the time it gets to you you could have traded 88btc on exchange several times and made 88btc every 2-4 weeks without avalon?

Can you double your money every few weeks by trading?

If you had a crystal ball you could double your money every couple days.

the problem with bitcoin right now is it's volatility. It could double in value, or it could halve. it could be worth a fortune, or nothing. It's not slow swings either. it goes way up, or way down very fast.

I'm pretty sure a hindcast with perfect prediction and zero market disturbance would make very good return. I just thought you had said you were actually getting that sort of return.

alexanderanon

full member

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Where is this newsletter? Is it the same as email subscription?

Dalkore

legendary

Activity: 1330

Merit: 1026

Mining since 2010 & Hosting since 2012

Quote from: opentoe on March 22, 2013, 10:22:15 AM

Quote from: Miner99er on March 20, 2013, 10:09:51 AM

Well, I thought I would jump into Avalon Batch three... but my jaw hit the floor when I saw the price. What the bloody hell?

Going all in on BFL seems like a better idea than this shit. $5k for a box that cost initally $1299. Someone decided they don't want customers.

It all turned into greed. Once someone gets their tip wet with a little money it changes them into someone else. I read previously that the Avalon creator did this project to protect the Bitcoin network/community, but seeing a %400 increase in price for a unit that really only cost $1500 or so is not protecting the Bitcoin network/community but just being flat out greedy. It is very easy to see that.

Wow man, guess it must just be greed. It couldn't be anything else like:

Research & Development Capital
Reward Profit
Principles
Market Pricing
Exchange Risk Hedging

If you are going to think so simple, then you will just get simple answers.

Aseras

hero member

Activity: 658

Merit: 500

Quote from: ProfMac on March 22, 2013, 11:02:11 AM

Quote from: GalaxyASIC on March 22, 2013, 11:00:33 AM

Quote from: opentoe on March 22, 2013, 10:24:21 AM

Quote from: Minor Miner on March 20, 2013, 10:29:35 AM

Has Avalon sent a really nice fruit basket to Butterfly Labs to thank them for allowing them to be able to extract these rents from the market? Do not get me wrong, I completely agree with what Avalon is doing as it makes perfect sense (and actually may make this a more orderly business as people will have to think for a minute before pulling the trigger).

Buy Bitcoins because they are going nowhere but UP as people will need to buy more than they expected.

I wonder if Avalon would still ask for 88btc if the price of BTC dropped to $40 or even less. Hey, as a group can we make that happen?

Dump our btc just to see what some dude will do with his price ? That will be like shooting yourself in the foot for fun.

Why would anyone buy avalon at 88btc if by the time it gets to you you could have traded 88btc on exchange several times and made 88btc every 2-4 weeks without avalon?

Can you double your money every few weeks by trading?

If you had a crystal ball you could double your money every couple days.

the problem with bitcoin right now is it's volatility. It could double in value, or it could halve. it could be worth a fortune, or nothing. It's not slow swings either. it goes way up, or way down very fast.

ProfMac

legendary

Activity: 1246

Merit: 1002

Quote from: GalaxyASIC on March 22, 2013, 11:00:33 AM

Quote from: opentoe on March 22, 2013, 10:24:21 AM

Quote from: Minor Miner on March 20, 2013, 10:29:35 AM

Has Avalon sent a really nice fruit basket to Butterfly Labs to thank them for allowing them to be able to extract these rents from the market? Do not get me wrong, I completely agree with what Avalon is doing as it makes perfect sense (and actually may make this a more orderly business as people will have to think for a minute before pulling the trigger).

Buy Bitcoins because they are going nowhere but UP as people will need to buy more than they expected.

I wonder if Avalon would still ask for 88btc if the price of BTC dropped to $40 or even less. Hey, as a group can we make that happen?

Dump our btc just to see what some dude will do with his price ? That will be like shooting yourself in the foot for fun.

Why would anyone buy avalon at 88btc if by the time it gets to you you could have traded 88btc on exchange several times and made 88btc every 2-4 weeks without avalon?

Can you double your money every few weeks by trading?

GalaxyASIC

full member

Activity: 130

Merit: 100

Quote from: opentoe on March 22, 2013, 10:24:21 AM

Quote from: Minor Miner on March 20, 2013, 10:29:35 AM

Has Avalon sent a really nice fruit basket to Butterfly Labs to thank them for allowing them to be able to extract these rents from the market? Do not get me wrong, I completely agree with what Avalon is doing as it makes perfect sense (and actually may make this a more orderly business as people will have to think for a minute before pulling the trigger).

Buy Bitcoins because they are going nowhere but UP as people will need to buy more than they expected.

I wonder if Avalon would still ask for 88btc if the price of BTC dropped to $40 or even less. Hey, as a group can we make that happen?

Dump our btc just to see what some dude will do with his price ? That will be like shooting yourself in the foot for fun.

Why would anyone buy avalon at 88btc if by the time it gets to you you could have traded 88btc on exchange several times and made 88btc every 2-4 weeks without avalon?

JesterOfTortuga

newbie

Activity: 25

Merit: 0

Quote from: opentoe on March 22, 2013, 10:24:21 AM

Quote from: Minor Miner on March 20, 2013, 10:29:35 AM

Has Avalon sent a really nice fruit basket to Butterfly Labs to thank them for allowing them to be able to extract these rents from the market? Do not get me wrong, I completely agree with what Avalon is doing as it makes perfect sense (and actually may make this a more orderly business as people will have to think for a minute before pulling the trigger).

Buy Bitcoins because they are going nowhere but UP as people will need to buy more than they expected.

I wonder if Avalon would still ask for 88btc if the price of BTC dropped to $40 or even less. Hey, as a group can we make that happen?

Wouldn't that then make them ask for more BTC ?

opentoe

legendary

Activity: 1274

Merit: 1000

Personal text my ass....

Quote from: Minor Miner on March 20, 2013, 10:29:35 AM

Has Avalon sent a really nice fruit basket to Butterfly Labs to thank them for allowing them to be able to extract these rents from the market? Do not get me wrong, I completely agree with what Avalon is doing as it makes perfect sense (and actually may make this a more orderly business as people will have to think for a minute before pulling the trigger).

Buy Bitcoins because they are going nowhere but UP as people will need to buy more than they expected.

I wonder if Avalon would still ask for 88btc if the price of BTC dropped to $40 or even less. Hey, as a group can we make that happen?

opentoe

legendary

Activity: 1274

Merit: 1000

Personal text my ass....

Quote from: Miner99er on March 20, 2013, 10:09:51 AM

Well, I thought I would jump into Avalon Batch three... but my jaw hit the floor when I saw the price. What the bloody hell?

Going all in on BFL seems like a better idea than this shit. $5k for a box that cost initally $1299. Someone decided they don't want customers.

It all turned into greed. Once someone gets their tip wet with a little money it changes them into someone else. I read previously that the Avalon creator did this project to protect the Bitcoin network/community, but seeing a %400 increase in price for a unit that really only cost $1500 or so is not protecting the Bitcoin network/community but just being flat out greedy. It is very easy to see that.

opentoe

legendary

Activity: 1274

Merit: 1000

Personal text my ass....

Quote from: Aseras on March 20, 2013, 09:58:13 AM

Quote from: Rampion on March 20, 2013, 09:53:10 AM

Quote from: tigerfree on March 20, 2013, 09:49:56 AM

/damn i though it will be 2000$ or something around it i think i will pass it Cry

.

Hehe, we have to gambles now:

pay 90 btc for a unit you know exists, and that you will received sometime around June (and maybe sooner!)
pay 20 btc for a BFL unit you don't know if exists, and that they tell you that you will receive in July if ordered now (and most likely later!)

Both of them seems quite risky to me, but if I had enough coins bought cheap, I would take both Wink

you would still be better off buying 5 bfl units in the long term, even if it were another month or two delay.

As much as I think BFL is incompetent this seems the best way to go.

repentance

hero member

Activity: 868

Merit: 1000

Quote from: GalaxyASIC on March 22, 2013, 03:56:38 AM

Where is the first place where announcement/link/password will be released that ordering is open?

The newsletter will be the first place where information about Batch 3 ordering will be available, as always. Usually someone starts a thread when they get their newsletter.

muyuu

donator

Activity: 980

Merit: 1000

Quote from: luffy on March 22, 2013, 12:08:02 AM

what about upgrade modules? when can we order them?

It's going to be $2000 a pop Grin

likely next week.

/s

GalaxyASIC

full member

Activity: 130

Merit: 100

Where is the first place where announcement/link/password will be released that ordering is open?

slakeco

newbie

Activity: 48

Merit: 0

This thread turned back into awesome thanks to Haiku.

luffy

hero member

Activity: 607

Merit: 500

what about upgrade modules? when can we order them?

Minor Miner

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Be A Digital Miner

Quote from: MPOE-PR on March 21, 2013, 07:39:36 PM

Quote from: Minor Miner on March 21, 2013, 03:17:58 PM

Quote from: MPOE-PR on March 21, 2013, 02:51:30 PM

Quote from: ?? on ??

If you owned Avalon how much would you charge?

Who do you figure owns Avalon? He who did the work or they who put up the money?

I have 49 Dell computers and 8 Dell Servers here at my company, I did not find share certificates in the box they were shipped in. They charged my credit card and received my funds sometimes as much as a month before they sent them. Let me know where I should apply for my equity in their firm.

Those Dell computers existed at the time you ordered them.

I disagree the servers took months to deliver. they existed in design but also in substitutes. If it is so easy, let me know the URL of the asic company you have started and I will consider giving you what you consider a "donation" to buy a product the will make me rich (pretty god damn generous of me isnt it?)

BitSyncom

sr. member

Activity: 336

Merit: 251

Avalon ASIC Team

Quote from: alexanderanon on March 21, 2013, 11:20:33 PM

In the announcement it said Batch #3 will go on sale on Friday....does that mean Friday in China? It's 12:30pm Friday in China right now, so I suppose we can expect it any time now.

I guess that means as an American, I'm not sleeping tonight. Cheesy

That was an example estimate, I should probably clarified earlier, that 88 -115 is based on difficulty estimates, so this number will adjust accordingly, and I would say many things are lost in translation and taken the wrong way.

in other words, DO NOT take information to be final unless it is from the NEWSLETTER.

Topic: The latest Avalon announcement in China(Translated). Batch #3, price and more. - page 7. (Read 36556 times)