Re: [Group Buy] Avalon ASIC Batch 3 [CLOSED- Seven 4 module Avalons ordered]
What I'm hoping, is that there is enough buying interest within our own group to purchase anybody who wants out, for exactly the price they came in (I'll probably be a buyer). If we give ourselves two weeks to set up the guidelines and such, and have CH's approval ahead of that time, then the first "bulk transfer" of those who want to sell could happen on April 14th.
I am wondering why some want out so quickly - after just a few days, other than making a quick profit by selling their share at two or three times their investment. I think somewhere in the topic a listing on Litecoinglobal was mentioned. That's probably a good option, but until then, since almost everybody wants to either buy more or sell everything, the fairest way (at least for this first redistribution of shares) is probably dividing up all shares to be sold amongst all those looking to buy more, by % already invested, by % willing to additional invest or just divided up by number of buyers.
I agree with this approach, because it would be the most fair for the buyers of the unwanted shares. However, the problem lies with the sellers possibly wanting to be compensated differently for their shares. How do we deal with that if we are to group all of the unwanted shares from multiple sellers into 1 pool?
I also agree with what mrbrt and koquillion said. But this is a difficult matter. I have no idea why some people want to get out already, but I guess that certain circumstances can always change things. I would be willing to buy some shares as well, if some of the other people who invested one or two bitcoins are dropping out. I don't have that much money myself, but I do think that this is a great opportunity.
But indeed, people wanting different amounts of money for their shares might be troublesome. We could maybe decide on some fixed price, but then again I don't know if everyone would agree to that.
That will not do.... when all is up and running, and the dust has settled... I want at least one picture of "My Precious" working his butt off... So I move we have CH put a large sticker on every machine
with a number... don't care on what order of color.... as long as there is a "My Precious" with a large #1 on it....
with a number... don't care on what order of color.... as long as there is a "My Precious" with a large #1 on it....
Also, we need a jazzy name for our group
