Topic: YIFU IS AUCTIONNING? - page 7. (Read 22106 times)

I emailed Avalon and suggested that they start the auction at 0 with a smaller number of units to start some buzz.  I also referred to my block chain auction as evidence that I had done the same thing last March.  They lowered the price from 6 to 2 the next day.  Of course, I have no way to know if they even saw my message.

I wish we knew how an auction would have gone with 100 units with no minimum bid.

It definitely seems like Avalon didn't like the price they got from the auctions.  I wonder if after the first unsuccessful auction TradeHill suggested they start the next auction low to possibly create some "frenzy" and actually get much higher than the original ask, this seems to be one tactic live auction house's sometimes use (sometimes it works sometimes it doesn't!).

they are even selling the 10k chips for 100btc..

Avalon chips for sale on www.avalon-asics.com.

10,000 chips for 100 BTC.

If you get them up and running by:

October 17, 2013 you're bound to make ~345 btc or ~245 after power costs. 245btc*$140 -> $34,300
October 24, 2013 you're bound to make ~313 btc or ~223 after power costs. 223btc*$140 -> $31,220
October 31, 2013 you're bound to make ~284 btc or ~204 after power costs. 203btc*$140 -> $28,560

The components, for 10,000 chips, are for about 31 4 module miners.  The cost is around ~30k (following avalon design).  Assembly would be another 20-30k.

This will not make ROI unless BTC price increases significantly.  Best not to buy/bother with it.  The only way this will make a ROI is if you pay for electricity out-of-pocket and hope for a btc price increase.  Might as well just buy BTC then, though, in which case you're bound to make more with less of a hassle (see below).  That's about $700-$1,000 /week for 31 4 module Avalons in electricity @ $0.15 / Kw.

If you invest 100BTC + 30k + 20k into just BTC you'll have:  100BTC + $50,000/140= ~457 BTC.  Would seriously just buy the BTC ...

Caveat emptor ...

These chips, imho, should be priced at <50 BTC and then it would still be questionable but less questionable of an investment.  If Bitmine.ch (That's an if, no idea whether the 'if' is valid or not) delivers their chips on December 13th all Avalon stock of chips becomes valueless. 42.5 btc / TH vs Avalon's 32.26 btc / TH whereas the Bitmine.ch chips have a WAY longer lifespan than Avalon's chips.  Avalon G1 end-of-life is around late December through late January.

Its 20 in u.k. from what I know

My guess is the tradehill registration/verification included a phone number, also I think DHL requires a phone number for international deliveries, weren't there some people who had to wait for ages for their avalons due to no phone number on their orders?



That would probably have worked had the batch not been so large and bar of entry into the auction so high, there were simply to few people who bothered/wanted to get themselves verified. Had they done smaller batches of something like 50-100 units every few days I think they could have gotten a higher price. Anyway congrats to those who grabbed some units, you might actually make some money out of these if you get them early next week.

Lolz   u is fucked ... I asked a shipping question 7 days ago and I am still waiting on the avalon-support team

where did they get your phone number?

where did they get your phone number?

It definitely seems like Avalon didn't like the price they got from the auctions.  I wonder if after the first unsuccessful auction TradeHill suggested they start the next auction low to possibly create some "frenzy" and actually get much higher than the original ask, this seems to be one tactic live auction house's sometimes use (sometimes it works sometimes it doesn't!).

DHL just called me. Need copy of paid invoice. Parcels shall arrive on Monday.
Now the problem starts. I am in EU. And surely, i won't get any kind of invoice by today.
To be continued..

First email sent to Tradehill & Avalon support 13:12 CET. Automated Reply (only avalon so far):
Hello,

We got your ticket request! One of our agents will respond to you as soon as possible.

Thanks!

---
To be continued.

Avalon changed their store pricing and added the mini to the store as well@6BTC, guess they didn't like the auction pricing and decided to sell the rest themselves.

DHL just called me. Need copy of paid invoice. Parcels shall arrive on Monday.
Now the problem starts. I am in EU. And surely, i won't get any kind of invoice by today.
To be continued..

First email sent to Tradehill & Avalon support 13:12 CET. Automated Reply (only avalon so far):
Hello,

We got your ticket request! One of our agents will respond to you as soon as possible.

Thanks!

---
To be continued.

AWB Number:
Pickup Date: 2013-10-17 21:21:00
Service: P
Pieces:
Cust. Ref:
Description: CUSTOM HARDWARE
________________________________________
Ship From:
BEIJING FEI XIANG HENG DA
NO.75 BALIZHUANG
CHAOYANG DIST
BEIJING, 100025
CN   
EVENT CATEGORY
18 Oct 13 1:51 PM - Shipment picked up - BEIJING & SURROUNDING AREA,CHINA, PEOPLES REPUBLIC

Why would they want copy of invoice, they shd just deliver?

DHL just called me. Need copy of paid invoice. Parcels shall arrive on monday.
Now the problem starts. I am in EU. And surely, i won't get any kind of invoice by today.
To be continued..