Like I said, I really wish the BTC to crash once you have your ordering started - will see where your lecture goes.
Haha, so much hate, what did you miss out on batch #1 and 2 or something? Willing to make a comment based on the negative outcome of Bitcoin as a whole just to get at me.
I do not hate you. I do not even know you. I am a new comer in
BTC market, and certainly was prepping my investment based on previous batch prices, so I expected something in $1800 range. I do not have
BTC mined from earlier, so purchasing
BTC with usd at 64+ is out of my capacity.
With the strategy change from accepting USD to
BTC, potential customers and newcomers like me are screwed, without any hope to get into mining, since other than ASIC every other h/w is outdated.
The strategy of taking
BTC is making sure, the people who bought batch 1 or 2 will keep on buying with the produced
BTC (or the old time miners), and does not welcome new comers. Are you expanding the market with that ?
To be fair, why don't you give both choice of paying in
BTC, or equivalent in USD ? Then there would be a fair chance. It is extremely hard to collect USD and then convert to
BTC. Does that make sense ?
What I have been saying is purely my feeling as a new entrant in the market, who feels that he is out of option, just because this pay with
BTC thing.
Again, I do not have anything personal with you or anyone at Avalon, so please do not take in that way.
I think once you stop thinking in USD the escape velocity will come. Why should we sell some hardware that will break even in a few days for $1800 while bitcoin continue to raise? Bitcoin mining should not be a small investment, nor it should be a quick way to make money, for network security purposes the ROI for these things should be AT LEAST 1 month based on a diff projection.
All Avalon is doing is giving people a chance to take up this investment based on a projection of 10,000,000 diff in May-June with a 1 month ROI time frame.
Don't get me wrong, I respect what you did. You are legit, and you did an excellent job. I just don't think that difficulty will be 10,000,000 when the batch #3 units will reach the customers. Two questions:
- can you guarantee batch #3 delivery not later than May?
- wouldn't the difficulty reach at least 15,000,000 once all your 1,500 units are deployed? Wouldn't be much higher if ASICminer/BFL customers also start deploying more units?
- Yes, but I think this question can be answered based on how fast we ship batch #2.
- not really, the current diff already includes majority of batch #1's hashing power. but I also don't believe diff will
only be 10,000,000 but like I said, it should take at least 1 month of ROI, realistically best case 1 month, regular projection of 3 month, which is about diff 30,000,000 which is more reasonable
if BFL ships.
Oh also, expect a newsletter soon.