Topic: The latest Avalon announcement in China(Translated). Batch #3, price and more. - page 9. (Read 36556 times)

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

Guys, whats there to discuss? This thread isnt worth more than 10 pages.

Dont you see? this batch will be sold out quickly.

Whos buying you asked? Well the batch 1 owners, who have mined over 88BTC so far.

LOL thats how this gonna be.

I found it funny that she felt the need to attack me on this issue.   Guess you should just call me crazy.   

Haha, keep bitching Mirchica, we both know you would do the same fucking thing, but because some Chinese is doing it you're not entitled to call him names on a public forum.

Btw, why would I make and handle 60k units when I could reap the same profits with only 600? Are you mentally challenged?

People come and go in Bitcoin.. many times they come back when price goes high. Avalon created a product so that mining will continue passed 3 months. If you make a product too cheap it can sit in a closet because its already paid for and someone lost interest in mining.

We see it all the time on pools. People forget about their miners and dont bother with them. They stop running and it never gets fixed.

Avalon doesn't want their units to be forgotten.

I wrote an article not too long ago

http://www.btcmu.info/pools/128-miner-speculation-avalon-s-look-to-the-future.html

I myself have been around for a couple years now. I have seen a lot of people come and go. Bitcoin mining needs to be secured by people willing to be part of it and take risks.

If Bitcoin crashed tomorrow to $5. So many people would sell off their equipment as cheap as possible. Or just not run it. If you charge more money for the product people will be forced to mine in the highs and lows. You have an investment that you are interested in making its money back.

The die hard miners will pickup these units with no problem at all. Who knows maybe they will sell out in a week and not in 1 day.

Korbman, sorry about the delay.  I wanted to respond, things have been crazy with Bitcoin.  

1.  I disagree, you may not like their style of business but I would not call it poor.  Sure the customer service is pretty lacking but they are upfront about this and have delivered a great product, that is what counts in the end.  Pedestal you say, compared to what?   Nope, just giving "my" opinion and telling it as best as I can.  People can choose to value that opinion or not, it really comes down to if you think I am competent enough to make that judgement.  If you knew what track record to this point, you may.

2.  Depends on how you look at it.   You need to ask yourself, raising the bar for who?   Newcomings that want a quick buck?   See I have kept going all-in and doubling down so I am in the position I am right now.   Yes it could be cheaper but to say a 6-12 month ROI is not amazing great, is sort of head-scratching.  This large group of customers could pool together and get a unit.

IN FACT IT'S OFFICIAL:  If any one that wants a unit but doesn't have BTC88, PM me and we can get some like minded people together, I will purchase the machine on your behalf and manage it for a small negotiable fee.   I have office space and can get more.  Cheap power in Washington.  Spread the word and PM me. (5-10% range)
Link:  https://bitcointalksearch.org/topic/ann-btc-pooling-and-avalon-unit-managment-service-get-in-on-batch-3-156068

3.  Yes I have, they can be motivated by whatever they want.   Yes I need things to make business sense so I can continue to expand my endeavors but at a point, you will need to be moved by something other than profit or you will burn out or get burned, true wisdom.

Dalkore

That's an awesome idea. Interestingly enough, a complete infrastructure to auction these miners off is readily available at Bitmit, so there's really nothing stopping Avalon from doing exactly this, should they want to do it.

I like being honest, so I would auction them 1 by 1 as I mounted them, and ship them immediately with tracking and everything. I'd have let the auctions run in parallel depending on availability, there's plenty of demand to cover several parallel auctions.

Prices would have probably gone up to 7-8K if not more for the first batches and now they'd be going slightly down.

I understand they needed pre-selling for the first batches to recoup investment, but I'm not willing to believe that's the case any more.

I would have also kept a few miners connected and online for long-term testing. Openly and with access to their stats in whichever pool I chose.

To guarantee decentralisation I'd have put some limits per region and I'd have given priority to some old timers in the first auctioned units.

Note that if they can provide as many as 500 units per month as it seems the case, they'd have killed it before BFL could even say "engineering".

If it would be 10k - now at this moment, delivered overnight - everyone would pay. But sadly, its maybe delivered 3 months from now ...

Someone failed to read start post in this topic...

Same cry I heard, when rules for batch #2 were published...

That's actually a complicated question. Are you saying if one of us was swapped right into the mess Avalon has created, what would we do? Or if we were able to control how everything went right from the beginning? I'm guessing the former..

I'd figure out the current demand and determine a price point that maximizes profitability. Simple as that. Price gouging customers isn't ever good for your business (unless you're in the Oil industry, but that's a topic for a later day)..but neither is charging below your potential, especially given the current market conditions and the company monopoly. I wouldn't be able to come up with a set price unless I knew answers to all the variables.

If it were me, I'd be mining the hell out of units before I shipped them and call it QA.

I'm assuming avalon was/is doing this, delaying batch 1 ship so long as well as batch 2.

you can have an expensive niche, or make it up in volume.

in the real world the development costs are virtually the same it's only a logistical difference.

avalon would do better to just double the price to 3,000 and open up orders, FIFO, no more batches. BFL style. Just take backorders. Get the cash up front and hire some cheap labor to bang the units out. QA mine them and start shipping them in volume. They are in china, there's dozens upon dozens of shops and labor places they can just upload specs to and consign it.

making an artificial restriction and pricing in a hypothetical ROI is a poor business move. especialy considering the goals of securing the bitcoin network. lots of asics are better than a few elite ones.

Right dood, because when you go buy a computer the price is not based on what it costs to make one, the price is based on what you could be earning on a computer if you lived in China and worked elance.com 12 hours a day.

The cost of computing hardware goes down as the generations go up. The price is to follow value. There's zero economical reason for batch 3 to cost even half as much as batch 1 on a fiat basis. 20 BTC give or take.

If there's demand for 60,000 units at 20 BTC, make 60,000 units and walk home with 100k BTC in earned profit rather than this medieval nonsense of "we're only making 600 so we're charging 5x a reasonable price so as to have 97.5% profit margins" netting you a few ks. Business 101, corporatism 101 etc.

Of course...being a company is hard. Being a retarded asshole is easy. Big surprise when wannabe-companies turn out the retarded asshole eh.

Any one from Batch 2 at least got any tracking numbers?

Otherwise the whole deal starts to look more and more problematic.

and the other half still doesn't have their units, all of batch two doesn't and they are trying to push batch 3 at a huge markup in value and another unclear delivery date with a break thrown in.

and before the whole btc=btc and batch 1 cost 100+ btc each remember the terms of the sale were you were agreeing you sold your coins for mtgox value the day of the sale. so the units were really the USD value, not $5500+ the btc would be worth today.

=)) if you don't understand what we are discussing about, then keep silent, please

I have great respect for team Avalon.  After all, in the Asic game, they are the BIG WINNER !  thumbs up, Gratz.

That said...

Please, BUY or SHUT UP !

Pretty much. And now half of Batch #1 is mining at $65 pulling in $10k a month so far. Hence the original confusion...

You are not buying BTC for a while now ?  I'm buying since 20, and will still be a buyer in the 100s...

+1

SHIBAJI : If you have enought USD, just buy BTC !!!   That's the point !