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Topic: [WTB / futures contract] Android tablet - page 2. (Read 2231 times)

sr. member
Activity: 369
Merit: 250
July 16, 2013, 05:14:47 PM
#3
just a tip, use escrow regardless of reputation. lots of hackers/account buyers around here.

Good point... I'm willing to take SOME risk though.

There are no bids yet so I'll add one new thing to the post:

PGP signed contract by both buyer and seller will be required for winning bid, and will be posted to this thread.



{{{ placeholder for winning bid }}}



Ok, done.

I really find it annoying that the page in question was written using the acronym GPG rather than PGP, but this is basically what it is:

In case of dispute, it is a great idea to have a double-gpg-signed contract prior to the transaction. This way, if any party claims non-receipt of funds to an address, incorrect price, or other issues, you have a gpg-signed contract you can lean on. Of course, this won't help you if you have run into a scammer who is just out to take the money and run, but it will be helpful in case of a legitimate dispute between honest parties.

Some suggested items to include in your contract text (complete list may vary depending on nature of the transaction):

Amount of bitcoins involved
Amount of other currency/goods involved
Price per coin
Who bears the transaction fees, both on bitcoin-side and the other side
The deadline for completion of contract
Bitcoin address for funds receipt
Other currency processor address for funds receipt


^Most of that isn't relevant for this, but the following process is:

The procedure for creating a double-signed document is straightforward: first, party 1 clearsigns the document, and sends the text to party 2. Then party 2 verifies the signature, then clearsigns the entire clearsigned document, including all headers, and sends the double-signed document back to party 1. Party 1 verifies the second party's signature, as well as own nested signature inside. Now, both are in possession of a double-signed contract document.
Make sure that the key used by the other party matches the GPG key registered on OTC for the user!
It is strongly recommended that you do this, for all but the most trivially-sized transactions.

I won't require the winning bidder to be a member of bitcoin-otc web of trust, but it's preferred so that the rating system can be used after the escrow process / contract / purchase is completed.

Here's my own info:

PGP / GPG key which will be used to sign the contract on my end (as well as the bitcoin address I have registered with bitcoin-otc)

hero member
Activity: 686
Merit: 504
always the student, never the master.
July 16, 2013, 05:06:42 PM
#2
just a tip, use escrow regardless of reputation. lots of hackers/account buyers around here.
sr. member
Activity: 369
Merit: 250
July 16, 2013, 05:05:32 PM
#1
WTB = want to buy...

I'm in the market for an android tablet with jellybean-generation or newer hardware... criteria for "new / newer" is:

Code:
ongoing development & support for the drivers and/or ROM for the hardware is still supported by manufacturer

^mandatory / non-negotiable.

Manufacturer dropped support for my old "gingerbread generation" smartphone
(and even though the specs aren't outdated, too small / not a tablet)



Desired Specs

Android:
  • Must support at least one STABLE version (not experimental / nightly / release candidate) build of cyanogenmod 10.1.2 or newer (Android Jellybean-based rom)
  • Must be rooted or able to be rooted via either USB from a connected PC, or installable root app/exploit to allow for flashing of cyanogenmod or other rom.
  • Must support loading a new non-stock android rom via any user-serviceable method
    (rooting and/or loading a new rom on the device must not require hardware mods or jtag or other exotic tampering)

Screen must be:
  • multitouch at no fewer than 3 points (higher is better)
  • at least 1024x768 OR 1280x720 minimum resolution (higher is better)
  • 100ppi pixel density or better (larger number is better)
  • Larger than my gingerbread-generation smartphone
    (2.30 inch x 4.63 inch / display area itself is 3.7 inch diagonal)

Ram / CPU / GPU must be:
  • No less than 1GB RAM
  • Reasonably fast CPU (higher is better, no less than 1.2ghz single core)
  • Must support GPU acceleration for Android JellyBean (better battery life and framerate than software-drawing)

Other:
  • Must have front-facing camera (for face-unlock, video conferencing, etc.)
  • If more than one camera on device, at least one camera must support recording at 720p HD (1280x720) resolution
  • Good battery life (no less than 3500 mAh capacity & must be rated for 8+ hours)

EDITED: organized the criteria into lists & relaxed a few requirements since bidding hadn't started yet. -- July 17, 2013



Read this before bidding:

  • If your reputation isn't high enough I reserve the right to require a mutually-trusted escrow. Nobody wants a scammer tag.
  • Bid may be in bitcoin, or equiv. bitcoin indexed to either USD or Euros. Just list your USD or euro price for this method.
    (for any fiat-indexed bids, pay-date determines bitcoin amount. Non-negotiable: Payment will be done in bitcoin.)

Criteria & rules for winning bid:

  • If not shipping from within the united states, mutually acceptable US-based escrow WILL be required
  • Buyer pays shipping FROM escrow, seller pays shipping TO escrow (as well as return if unit is non-working or not as described)
  • {{{ Edited to add }}} PGP signed contract by both buyer and seller will be required for winning bid, and will be posted to this thread.
    (( link for info on process which is often used for #bitcoin-otc trades ))

Any bid which costs 30% more than a new unit purchased at retail price is invalid.
Used units must cost no more than retail price for new (higher price is invalid)

Best price (only counting valid bids) will be the selected unit with two exceptions:

I reserve the option to pass over a "winning" bid and select a different bid for a tablet with one or more better specs
(including but not limited to: preferring a non-used device, larger battery, CPU speed, compatibility, etc. etc. etc.)



This is an auction for two reasons:

To get a variety of bids...

To give me time to mine enough bitcoin to pay for it:

I have a BFL 5GH/s miner on-order, but the backlog is very long (pay date april 23, 2013)
... so I probably can't buy this yet (in the 2013 calendar year)
... I will select the best bid NO SOONER than May 2014
(aprox 10 month lead-time... example device which meets criteria: Nexus 7)



The bids will stay open until after enough bitcoin has been mined.

Example scenario 1:

  • BFL 5GH/s miner arrives today
  • $600 USD winning bid (indexed)
  • bitcoin exchange rate stays at or around $95
  • enough bitcoin is mined before start of May 1st 2014, so the winning bid is selected on May 1st 2014

Example scenario 2:

  • BFL 5GH/s miner arrives in November 2013 (and difficulty increases / profitability is lower)
  • $400 USD winning bid (indexed)
  • bitcoin exchange rate drops to around $75
  • Assuming 100 million average difficulty, and $75 exchange rate, 5 months is still enough to mine $400 worth of bitcoin before May 1st 2014

Example scenario 3:

  • BFL 5GH/s miner arrives in January 2013 (and difficulty increases / profitability is lower)
  • $300 USD winning bid (indexed)
  • bitcoin exchange rate drops to around $50
  • Assuming 125 million average difficulty, and $50 exchange rate, it will take aprox 10 months to mine $300 worth of bitcoin and the auction will still close before December 31st 2014



There are enough tablets out there for less than the cost of a new Nexus 7 that I don't think I'll have trouble selecting a bid before December 31st 2014.

Repeating for emphasis: I will select the best bid NO SOONER than May 2014



Last edited at 18:08 Local NY time, Wednesday July 17, 2013
(ppi / pixels per inch was stated wrong. Changed to 100ppi minimum.
... and now correctly states "larger number is better" because that's my actual preference
)



Thread title changed to include words "futures contract"

... Just past midnight UTC, so it's depending on your timezone it's either 2014, January 5th or here in NY it's still late night on the 4th

No content of the original post changed, just re-titled slightly.
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