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Topic: [WTS] Avalon 85Gh/s ASIC - Auction, ends within 24 hours! - page 4. (Read 11349 times)

hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
I'm sorry, I made a mistake in my math (if mods could remove the above miscalculation, it'd be much appreciated).

Here are the current stats:

Code:
User      -  Profit %  -   BTC
niner     -    10      -   1
qwk       -    25      -   1
tysat     -    5       -   1.1
norman    -    10      -   1.2
legendary
Activity: 1288
Merit: 1227
Away on an extended break
PS: I removed the status update section as MNW cannot update it due to the thread's location.
legendary
Activity: 966
Merit: 1004
Keep it real
newbie
Activity: 17
Merit: 0
legendary
Activity: 1148
Merit: 1018
I'm hallucinating or there was a post right here warning newbs about Matt being a scammer? Was this post deleted by mods?

Anyhow: please Matt be so kind to answer the questions I ask you in my previous post.

Wwhy don't you publicly commit to use all the revenue generate by your Avalon to pay back what you owe?

Then, let me ask:

how do we know that this is not another prank, and you that will simply not honor your commitment as you did in the past?
what collateral are you offering to your investors as a guarantee?

I am deleting OT replies to the topic.

OK, fair enough. And thanks for staying vigilant, appreciate the work you do.
legendary
Activity: 1288
Merit: 1227
Away on an extended break
I'm hallucinating or there was a post right here warning newbs about Matt being a scammer? Was this post deleted by mods?

Anyhow: please Matt be so kind to answer the questions I ask you in my previous post.

Wwhy don't you publicly commit to use all the revenue generate by your Avalon to pay back what you owe?

Then, let me ask:

how do we know that this is not another prank, and you that will simply not honor your commitment as you did in the past?
what collateral are you offering to your investors as a guarantee?

I am deleting OT replies to the topic.
legendary
Activity: 1148
Merit: 1018
I'm hallucinating or there was a post right here warning newbs about Matt being a scammer? Was this post deleted by mods?

Anyhow: please Matt be so kind to answer the questions I ask you in my previous post.

Wwhy don't you publicly commit to use all the revenue generate by your Avalon to pay back what you owe?

Then, let me ask:

how do we know that this is not another prank, and you that will simply not honor your commitment as you did in the past?
what collateral are you offering to your investors as a guarantee?

hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
I have been receiving some PMs asking to deal *outside* this auction thread, including an offer to buy all 50 slots for 2 BTC, but I declined. Please understand that once this auction begins, I am not able to make any other purchasing arrangements. If however you have certain stipulations for placing a bid, by all means share those in PM with me privately and I will be happy to negotiate them with you without forcing you to bid first.
legendary
Activity: 1148
Merit: 1018
Just read the "should you truste me" link in your signature.

Summing up: you got two scammer tags in the past. Last one related to a commitment you did not honor, and you are still owing a very big amount of money to dozens of members of this community. You try to justify that this commitment was just a "prank"... But still you have money to buy Avalons while not paying back your old debts.

Trying to make it right with the community? So why don't you publicly commit to use all the revenue generate by your Avalon to pay back what you owe?

Then, let me ask:

how do we know that this is not another prank, and you that will simply not honor your commitment as you did in the past?
what collateral are you offering to your investors as a guarantee?
full member
Activity: 189
Merit: 100
You are here ---------> but you're not all there.
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
Code:
User      -  Profit %  -   BTC
DutchBrat -    5      -   0.75
niner     -    10      -   1
qwk       -    25      -   1
norman    -    10      -   1.2
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
Your projections make it clear why GPUs will no longer be profitable. I appreciate your continued efforts and understand your concern given my history of trolling and such. I'll check my OP to make sure there were no projections made (I don't believe I ever made any. EDIT: I posted 2 links for required reading in regards to warnings of mining projections and investing into mining hardware) and continue to remind bidders to do their research before purchasing any mining equipment or investing into Bitcoin in any way.

Happy bidding!
legendary
Activity: 1148
Merit: 1018
There are some projections you cannot escape from

1200 Avalons will add at least 84THs to the network at the same time you'll receive your unit (I considered an average of 70Ghs per unit, but it may be more because of 4 modules Avalons like yours)

yeah, that will increase the difficulty Aprox. X3 without even considering BFL or ASICs inertia - and you throw numbers based on today's difficulty?

That's deceiving, and IMHO trying to make a big buck from newbies taking advantage of gold rush and ignorance is not the best way to regain confidence of the community
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
You paid 75BTC
This ASIC has 4 modules (85GH/s) and a PSU, so the initial price was 101.5 BTC in limited quantity and is now sold out. The same device with only 3 modules is currently making 7 BTC a day, this one will  be shipped a month from now. Rather than argue about projections no one could possibly know, I'll continue auctioning this to people who missed the boat ordering an ASIC. Thank you for your concern about newbies. As I mentioned in the OP, never invest in mining hardware or bitcoins in general with money you can't afford to lose. No one knows what is going to happen to the network or price.
legendary
Activity: 1148
Merit: 1018
My bid is withdrawn.

It is not possible to withdraw your bid, but it is also not necessary. 1 BTC per 1% of profit from an ASIC is highly undervalued.


This is a batch #3 unit

You paid 75BTC for that machine, thus 0.75BTC per 1%

This is already a serious amount given the difficulty projections, but you dare to state that 1BTC for 1% is highly undervalued. Trying to scam some newbies? Would you care to throw some math to back your bold statement?
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
My bid is withdrawn.

It is not possible to withdraw your bid, but it is also not necessary. 1 BTC per 1% of profit from an ASIC is highly undervalued.

is this still opened?

It will be open for *at least* 12 days, but may be ended sooner (see OP).

Will shares be transferable after the auction ends? (ie can I sell these in 1 month to another user)

Don't treat this like a business IPO. This is a personal arrangement for multiples of 1% of the ASIC's earnings. If you ask me to change the payment address at a later date, and that address happens to be someone who paid you money, I don't see why I couldn't oblige, and equally so, if you both agreed to have that new party be in control of that % in the future, I wouldn't stop you. I am not going to issue a stock certificate or anything silly like that though.
sr. member
Activity: 294
Merit: 250
MNW, I'm actually surprised you got rid of the scammer tag. Well done.
legendary
Activity: 2128
Merit: 1002
is this still opened?
full member
Activity: 189
Merit: 100
You are here ---------> but you're not all there.
10 @ 1

My bid is withdrawn.  Sorry for any inconvenience.  I'll PM this to Mathew as well.
newbie
Activity: 47
Merit: 0
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