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Topic: Thinking of paying 500 BTC for A BFL MINIRIG from Arvicco? (Read 2087 times)

legendary
Activity: 1974
Merit: 1003
He can sell it for whatever he wants. Whether anyone buys it is up to the person willing to spend the coins.

+1
newbie
Activity: 24
Merit: 0
I had already ordered and plan to sell 6 Jalapeno Miners each for 1000 dollars. - Next Day Air Shipping anywhere in the US FREE OF CHARGE.
 
You think people won't buy it? I know for sure they will, Butterfly Labs is a money pit and I don't wish it on ANYONE to buy from them for the simple fact that they don't have thier shit together and they can't fulfill orders in a timely matter. Waiting a year for something that cost you so much out the pocket is already unacceptable and this man has every right to charge more for his Mini RIG, face it... the extra money you pay is better than waiting for the unit to go out of style.

I paid for my miners already. Yet I still never got them. BFL wanted a huge NO INTEREST Loan and they got one, from how? From US!

Again, I would not wish this wait on anyone ever!... You may as well have sent your money to prison for life when you buy from them. The only thing miners are good for now is reselling them for a profit because there will always be some guy out there with a ton of money that only wants MORE money. Trust me, someone will buy his miner or buy another one someplace else.
hero member
Activity: 778
Merit: 563
Arvicco sent me a damaged avalon that i suspect was previously damaged before shipping. When i contacted him he didnt care and told me its my problem. Dont buy these mini rigs from this shit head. You risked getting fucked.

Ouch.  Did you get your avalon issue resolved?
legendary
Activity: 1120
Merit: 1001
1NF4xXDDpMVmeazJxJDLrFxuJrCAT7CB1b
Arvicco sent me a damaged avalon that i suspect was previously damaged before shipping. When i contacted him he didnt care and told me its my problem. Dont buy these mini rigs from this shit head. You risked getting fucked.
newbie
Activity: 42
Merit: 0
Be careful.
These types of investments can be risky.
hero member
Activity: 778
Merit: 563
Actually 500 BTC is a reasonable price for a 500 GH/s minirig!

Just a month ago people were selling 80 GH/s Avalons for 200+ BTC.
 
That was a similar markup.

Now, you can get an Avalon for about 80-90 BTC (see the numerous threads here).

An Avalon will do 82 GH/s (I know, I have one).

That is about 1 BTC per GH/s. That puts it in line with this 500GH/s for 500 BTC machine. Also don't forget that BFL ASICs are twice as power efficient as Avalons!

all I can do is shake my head...   1 BTC per GH/s is crazy.   Good luck to anyone willing to pay that.    I'm worried about my .15 BTC per GH/s turning a profit.

Please tell me more about your .15 btc per GHs investment.... or should i say baloney



This. Nowhere can you buy mining hardware TODAY for 0.15 btc per GHs

You can buy at that rate but we will see if they deliver next month.  I have 1.2 TH/s on order for day 1 shipping with KNC.  (at the current price of BTC is is .17 BTC per GH)  This obviously changes as BTC goes up and down.

see http://minr.info/ for more info.




member
Activity: 70
Merit: 10
j-coin//just 4 cpu's
Not that retarded actually. You could wait months to get a BFL miner, earn it back in a few. But if I sell a BFL miner, I had to wait for shipping and earn it back. You can earn hundereds of BTC with it. 500 BTC for a 500GH/s rig is cheap.

if its so cheap, why hasn't anyone bought it yet?
member
Activity: 216
Merit: 11
Not that retarded actually. You could wait months to get a BFL miner, earn it back in a few. But if I sell a BFL miner, I had to wait for shipping and earn it back. You can earn hundereds of BTC with it. 500 BTC for a 500GH/s rig is cheap.
hero member
Activity: 546
Merit: 500
Actually 500 BTC is a reasonable price for a 500 GH/s minirig!

Just a month ago people were selling 80 GH/s Avalons for 200+ BTC.
 
That was a similar markup.

Now, you can get an Avalon for about 80-90 BTC (see the numerous threads here).

An Avalon will do 82 GH/s (I know, I have one).

That is about 1 BTC per GH/s. That puts it in line with this 500GH/s for 500 BTC machine. Also don't forget that BFL ASICs are twice as power efficient as Avalons!

all I can do is shake my head...   1 BTC per GH/s is crazy.   Good luck to anyone willing to pay that.    I'm worried about my .15 BTC per GH/s turning a profit.

Please tell me more about your .15 btc per GHs investment.... or should i say baloney



This. Nowhere can you buy mining hardware TODAY for 0.15 btc per GHs
full member
Activity: 213
Merit: 100
Recovering the initial risk carries a value with it! In this case, 435% is the market's (not the OP's) valuation for the initial risk.

This is not greed on the OP's part. This is called "staying in business" in an inherently high risk industry.

If you want to play in bitcoin hardware, take the risk yourself or pay for someone else's in the future.

If you want to pay 20% over cost, go buy a DVD at Walmart.

hero member
Activity: 658
Merit: 500
Actually 500 BTC is a reasonable price for a 500 GH/s minirig!

Just a month ago people were selling 80 GH/s Avalons for 200+ BTC.
 
That was a similar markup.

Now, you can get an Avalon for about 80-90 BTC (see the numerous threads here).

An Avalon will do 82 GH/s (I know, I have one).

That is about 1 BTC per GH/s. That puts it in line with this 500GH/s for 500 BTC machine. Also don't forget that BFL ASICs are twice as power efficient as Avalons!

all I can do is shake my head...   1 BTC per GH/s is crazy.   Good luck to anyone willing to pay that.    I'm worried about my .15 BTC per GH/s turning a profit.

Please tell me more about your .15 btc per GHs investment.... or should i say baloney

hero member
Activity: 778
Merit: 563
Actually 500 BTC is a reasonable price for a 500 GH/s minirig!

Just a month ago people were selling 80 GH/s Avalons for 200+ BTC.
 
That was a similar markup.

Now, you can get an Avalon for about 80-90 BTC (see the numerous threads here).

An Avalon will do 82 GH/s (I know, I have one).

That is about 1 BTC per GH/s. That puts it in line with this 500GH/s for 500 BTC machine. Also don't forget that BFL ASICs are twice as power efficient as Avalons!

all I can do is shake my head...   1 BTC per GH/s is crazy.   Good luck to anyone willing to pay that.    I'm worried about my .15 BTC per GH/s turning a profit.
hero member
Activity: 546
Merit: 500
Actually 500 BTC is a reasonable price for a 500 GH/s minirig!

Just a month ago people were selling 80 GH/s Avalons for 200+ BTC.
 
That was a similar markup.

Now, you can get an Avalon for about 80-90 BTC (see the numerous threads here).

An Avalon will do 82 GH/s (I know, I have one).

That is about 1 BTC per GH/s. That puts it in line with this 500GH/s for 500 BTC machine. Also don't forget that BFL ASICs are twice as power efficient as Avalons!

full member
Activity: 171
Merit: 100
maybe you should get off the pot.

Seems other peoples choices bother you for some reason? LOL
full member
Activity: 322
Merit: 102
110% Markup is low for clothing and jewelry by the way.

Think a Coach purse really costs anywhere close to $600 to make?

Shoes have huge markup as well. There is actually a lot of things you won't be able to buy if you are annoyed by big mark up. No soda for you when you eat out. For that matter, no Beer on tap either!

Selling something for what the market will bear is not greed, it is capitalism.

Now posting misleading stats about what it will make is different, if that actually happened. But it really is just opinion anyway.
full member
Activity: 218
Merit: 115
I did post on that thread about the current ROI and some projection information.  It is true that projections can be wrong so I have no problem with the post getting deleted.   The only issue I had was the post stating it would earn 400BTC per month was not deleted.  This is obviously bad information based on FACT.

So there is one post that made his box sound more valuable and one post that made it sound less valuable.   He only deleted one of the posts.

I think he might sell the box for 500 BTC.  Its true, he put the cash up when everyone else did not.   Someone buying the unit from BFL may never get it.   an IN HAND asic is worth much more than a waiting list unless you are guaranteed a date which no company has done yet.   Sure, buy a BitFury August 400 GHs for 1/2 the cost of his unit.  Maybe u will get it maybe you wont..    

So yea,  I have no issue with the markup if someone wants to pay for it.  My issue was the way he didn't remove the incorrect (400 BTC a month return) post.



well see i agree with you on one point, its fine to mark something up, but 110% of original price? i'm sorry but i agree with this dude here, that shit is foul. and as to him deleting only the negative posts, i couldn't be more neutral. i think that's the goal of  a self moderated topic is to remove the things you don't like and to keep the things you do. He has that right. Is it morally wrong? well fuck yeah. Does the community consider it ok? yeah, we're not exactly saints around here..

I purchased a bitcoin 14 months ago...  are you saying I shouldn't sell it for more than 110% of the original value?

nice one shill puppet
hero member
Activity: 778
Merit: 563
I did post on that thread about the current ROI and some projection information.  It is true that projections can be wrong so I have no problem with the post getting deleted.   The only issue I had was the post stating it would earn 400BTC per month was not deleted.  This is obviously bad information based on FACT.

So there is one post that made his box sound more valuable and one post that made it sound less valuable.   He only deleted one of the posts.

I think he might sell the box for 500 BTC.  Its true, he put the cash up when everyone else did not.   Someone buying the unit from BFL may never get it.   an IN HAND asic is worth much more than a waiting list unless you are guaranteed a date which no company has done yet.   Sure, buy a BitFury August 400 GHs for 1/2 the cost of his unit.  Maybe u will get it maybe you wont..    

So yea,  I have no issue with the markup if someone wants to pay for it.  My issue was the way he didn't remove the incorrect (400 BTC a month return) post.



well see i agree with you on one point, its fine to mark something up, but 110% of original price? i'm sorry but i agree with this dude here, that shit is foul. and as to him deleting only the negative posts, i couldn't be more neutral. i think that's the goal of  a self moderated topic is to remove the things you don't like and to keep the things you do. He has that right. Is it morally wrong? well fuck yeah. Does the community consider it ok? yeah, we're not exactly saints around here..

I purchased a bitcoin 14 months ago...  are you saying I shouldn't sell it for more than 110% of the original value?
full member
Activity: 218
Merit: 115
I did post on that thread about the current ROI and some projection information.  It is true that projections can be wrong so I have no problem with the post getting deleted.   The only issue I had was the post stating it would earn 400BTC per month was not deleted.  This is obviously bad information based on FACT.

So there is one post that made his box sound more valuable and one post that made it sound less valuable.   He only deleted one of the posts.

I think he might sell the box for 500 BTC.  Its true, he put the cash up when everyone else did not.   Someone buying the unit from BFL may never get it.   an IN HAND asic is worth much more than a waiting list unless you are guaranteed a date which no company has done yet.   Sure, buy a BitFury August 400 GHs for 1/2 the cost of his unit.  Maybe u will get it maybe you wont..    

So yea,  I have no issue with the markup if someone wants to pay for it.  My issue was the way he didn't remove the incorrect (400 BTC a month return) post.



well see i agree with you on one point, its fine to mark something up, but 110% of original price? i'm sorry but i agree with this dude here, that shit is foul. and as to him deleting only the negative posts, i couldn't be more neutral. i think that's the goal of  a self moderated topic is to remove the things you don't like and to keep the things you do. He has that right. Is it morally wrong? well fuck yeah. Does the community consider it ok? yeah, we're not exactly saints around here..
hero member
Activity: 778
Merit: 563
He has corrected the issue on his thread (posting that it doesn't get 400 per month) and I think this thread should be removed...


hero member
Activity: 778
Merit: 563
I did post on that thread about the current ROI and some projection information.  It is true that projections can be wrong so I have no problem with the post getting deleted.   The only issue I had was the post stating it would earn 400BTC per month was not deleted.  This is obviously bad information based on FACT.

So there is one post that made his box sound more valuable and one post that made it sound less valuable.   He only deleted one of the posts.

I think he might sell the box for 500 BTC.  Its true, he put the cash up when everyone else did not.   Someone buying the unit from BFL may never get it.   an IN HAND asic is worth much more than a waiting list unless you are guaranteed a date which no company has done yet.   Sure, buy a BitFury August 400 GHs for 1/2 the cost of his unit.  Maybe u will get it maybe you wont..    

So yea,  I have no issue with the markup if someone wants to pay for it.  My issue was the way he didn't remove the incorrect (400 BTC a month return) post.

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