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Topic: What is the price of Batch 3? - page 3. (Read 4340 times)

hero member
Activity: 658
Merit: 500
March 22, 2013, 02:26:03 PM
#20
FWIW, I paid 114 BTC for a batch 1 unit, and 75 BTC for batch 2.

you paid $1,299 + 120 for batch one and $1500 for batch 2.  You sold your coins for that value at the time of the sale.

Those were the terms. Applying bitcoin value retroactively doesn't apply.

@Aseras:

Did you end up getting your units yet?

No
legendary
Activity: 1176
Merit: 1001
March 22, 2013, 02:23:45 PM
#19
Everyone is raving about these overpriced avalon units in batch 3...

However I cant find the price anywhere at all... Can anyone shed some light on the price? thanks!

88 btc (3 modules)
113 btc (4 modules)

psu +2btc; freight charges +2btc

Hope you bought btc when they were cheap

Yifu has said that those prices were examples based on current difficulty and that the actual price will be based on difficulty when the units go on sale.
I missed it. Care to point it out?
hero member
Activity: 868
Merit: 1000
March 22, 2013, 02:17:49 PM
#18
Everyone is raving about these overpriced avalon units in batch 3...

However I cant find the price anywhere at all... Can anyone shed some light on the price? thanks!

88 btc (3 modules)
113 btc (4 modules)

psu +2btc; freight charges +2btc

Hope you bought btc when they were cheap

Yifu has said that those prices were examples based on current difficulty and that the actual price will be based on difficulty when the units go on sale.
legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
March 22, 2013, 12:26:57 PM
#17
FWIW, I paid 114 BTC for a batch 1 unit, and 75 BTC for batch 2.

you paid $1,299 + 120 for batch one and $1500 for batch 2.  You sold your coins for that value at the time of the sale.

Those were the terms. Applying bitcoin value retroactively doesn't apply.

Oh, but it does. The whole purpose of buying Avalon unit is to generate bitcoins. So, we should think and calculate ROI for this project in BTC, not USD terms. It does not matter if the manufacturer price is expressed in BTC or USD.

I invested 114btc back in October and if it arrives tomorrow, I can expect it to produce 4.42btc per day (post diff adjustment), consuming about 0.06btc of electricity per day. That gives me a 26 days to break even on my initial high-risk investment, after waiting for 6 months for the delivery. That is, 26 days if difficulty stays the same. But it won't stay the same, it will skyrocket down the road. Given the uncertainty of initial investment, I do not think that the rates of return for 1st batch Avalon pre-orders are unreasonable.

2nd batch Avalon dropped the price considerably in btc terms, and it was absolutely the BEST deal in terms of ROI. No wonder the demand was crazy.

With the 3rd batch, Avalon is still cheaper than the 1st batch customers paid, with much more certainty about the outcome.

Batch 2 had crazy demand for one MAIN reason.  The first two Batch 1 deliveries, PROVED Avalon ASIC was legit.  Only at that point, did the light-bulb come on collectively.   The day of the Batch #2 pre-sale was a animal-house, like Black Friday with the $100 60-inch LCD TV at Walmart Smiley

hero member
Activity: 631
Merit: 500
March 22, 2013, 12:23:23 PM
#16
FWIW, I paid 114 BTC for a batch 1 unit, and 75 BTC for batch 2.

you paid $1,299 + 120 for batch one and $1500 for batch 2.  You sold your coins for that value at the time of the sale.

Those were the terms. Applying bitcoin value retroactively doesn't apply.

Oh, but it does. The whole purpose of buying Avalon unit is to generate bitcoins. So, we should think and calculate ROI for this project in BTC, not USD terms. It does not matter if the manufacturer price is expressed in BTC or USD.

I invested 114btc back in October and if it arrives tomorrow, I can expect it to produce 4.42btc per day (post diff adjustment), consuming about 0.06btc of electricity per day. That gives me a 26 days to break even on my initial high-risk investment, after waiting for 6 months for delivery. That is, 26 days if the difficulty stays the same. But it won't stay the same, it will skyrocket down the road. Given the uncertainty of initial investment, I do not think that the rates of return for 1st batch Avalon pre-orders are unreasonable.

2nd batch Avalon dropped the price considerably in btc terms, and it was absolutely the BEST deal in terms of ROI. No wonder the demand was crazy.

With the 3rd batch, Avalon is still cheaper than the 1st batch customers paid, with much more certainty about the outcome.

thank you.
legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
March 22, 2013, 12:16:53 PM
#15
thats bullshit ... and unreasonable...
Supply and demand! They're the only shipping ASIC, and they're selling like hotcakes. They can do whatever they want with the price, and people will still buy them.

Supply and demand is fine. Claiming the price is based on ROI is just bullshit though. When was the last time you bought a car and the seller asked if you would be using it as a taxi?

There are tons of special use vehicles that command a premium because fewer units are made (limited supply).   Try looking up a Black Lincoln Towncar 2005 or newer compared to any other color of the same year (except white).

 
sr. member
Activity: 336
Merit: 251
Avalon ASIC Team
March 22, 2013, 12:11:38 PM
#14
thats bullshit ... and unreasonable...
Supply and demand! They're the only shipping ASIC, and they're selling like hotcakes. They can do whatever they want with the price, and people will still buy them.

Supply and demand is fine. Claiming the price is based on ROI is just bullshit though. When was the last time you bought a car and the seller asked if you would be using it as a taxi?

When you buy a taxi.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
March 22, 2013, 12:02:02 PM
#13
thats bullshit ... and unreasonable...
Supply and demand! They're the only shipping ASIC, and they're selling like hotcakes. They can do whatever they want with the price, and people will still buy them.

Supply and demand is fine. Claiming the price is based on ROI is just bullshit though. When was the last time you bought a car and the seller asked if you would be using it as a taxi?
hero member
Activity: 631
Merit: 500
March 22, 2013, 11:59:22 AM
#12
FWIW, I paid 114 BTC for a batch 1 unit, and 75 BTC for batch 2.

you paid $1,299 + 120 for batch one and $1500 for batch 2.  You sold your coins for that value at the time of the sale.

Those were the terms. Applying bitcoin value retroactively doesn't apply.

Why does this bullshit statement keep popping up? batch 1 and 2 payments were in BTC (some people were able to do wire transfers). For most, either you had the BTC or you bought BTC.
sr. member
Activity: 249
Merit: 250
March 22, 2013, 11:55:46 AM
#11
FWIW, I paid 114 BTC for a batch 1 unit, and 75 BTC for batch 2.

you paid $1,299 + 120 for batch one and $1500 for batch 2.  You sold your coins for that value at the time of the sale.

Those were the terms. Applying bitcoin value retroactively doesn't apply.

@Aseras:

Did you end up getting your units yet?
sr. member
Activity: 310
Merit: 250
March 22, 2013, 11:52:14 AM
#10
Yeah it's completely bullshit, but they have the market cornered.
hero member
Activity: 658
Merit: 500
March 22, 2013, 11:14:52 AM
#9
FWIW, I paid 114 BTC for a batch 1 unit, and 75 BTC for batch 2.

you paid $1,299 + 120 for batch one and $1500 for batch 2.  You sold your coins for that value at the time of the sale.

Those were the terms. Applying bitcoin value retroactively doesn't apply.
legendary
Activity: 966
Merit: 1000
March 22, 2013, 11:07:25 AM
#8
FWIW, I paid 114 BTC for a batch 1 unit, and 75 BTC for batch 2.
legendary
Activity: 952
Merit: 1000
March 22, 2013, 10:43:27 AM
#7
thats bullshit ... and unreasonable...
Supply and demand! They're the only shipping ASIC, and they're selling like hotcakes. They can do whatever they want with the price, and people will still buy them.
legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
March 22, 2013, 09:29:36 AM
#6
thats bullshit ... and unreasonable...

It isn't if you look at the current state of the market.  They have pricing power and the ROI at the Batch #2 price is insane and Batch #1 is the golden goose.
member
Activity: 63
Merit: 10
March 22, 2013, 09:22:20 AM
#5
thats bullshit ... and unreasonable...
hero member
Activity: 490
Merit: 500
March 22, 2013, 09:18:09 AM
#4
Quote
Hope you bought btc when they were cheap..
..or already own some Avalons printing 2BTC a day each.  Wink
legendary
Activity: 1148
Merit: 1018
March 22, 2013, 09:14:30 AM
#3
Everyone is raving about these overpriced avalon units in batch 3...

However I cant find the price anywhere at all... Can anyone shed some light on the price? thanks!

88 btc (3 modules)
113 btc (4 modules)

psu +2btc; freight charges +2btc

Hope you bought btc when they were cheap
legendary
Activity: 889
Merit: 1000
Bitcoin calls me an Orphan
March 22, 2013, 09:14:15 AM
#2
http://www.btcmu.info/avalon-news/179-the-latest-avalon-announcement-in-china-translated-batch-3-price-and-more.html

Quote
The price will be obviously much higher than previous, based on the reasonable ROI. The price is 88 BTC to 115 BTC(31680 RMB to 41400 RMB) depending on configurations, freight charge not included.
member
Activity: 63
Merit: 10
March 22, 2013, 09:08:45 AM
#1
Everyone is raving about these overpriced avalon units in batch 3...

However I cant find the price anywhere at all... Can anyone shed some light on the price? thanks!
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