Quote from: fpgaminer on April 19, 2013, 03:55:23 AM

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But our situation is different because we have myself, the pool of contributor, escrow, and Avalon.

Yeah, that's why I pointed out that an escrow service isn't going to provide the same kind of protection in this case. The only thing John would be able to provide, is ensuring that the chips get ordered; he can't really protect them after that.

If you personally had 780BTC, you could give that to John as collateral, but I don't know anyone who would be crazy enough to lock away 780BTC for a few months. Tongue

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Check out the spreadsheet to make sure I didn't miss your name from the list please.

Please put me down for 46.926 BTC for 600 chips, + however much is needed for fees (currently 2%).

EDIT: Oh, and thank you for taking the time to put all of this together.

Thanks! I added another column to show how many chips people are getting (Realistically rounding down because you can't have 3/4 a chip lol). I added you for 47 BTC so you will be getting 602 chips! Just makes math and other things easier a bit.

I went ahead and put in the really long number for the spread sheet too 12.820512820512820512820512820513 CHIPS PER BTC!

So please everyone contribute in BTC and not in how many chips you want

I got 12.820512820512820512820512820513 from 10,000 divided by 780 BTC - for shipping and fees I will make it separate later once the 780 is reached.

For example I will be putting in 17BTC so I will make another column in the spreadsheet to tell you how much you will be sending to JohnK.

( 17 + (2.1 / # of people contributing for shipping) ) * 1.02
This way it is a lot more accurate so if you want in just in the number of BTC - no weird decimals though please - .25 / .5 etc. is fine.

Quote from: delaria on April 19, 2013, 11:06:43 AM

Interested in 100~126 chips. What's next step ?

I put you down for 8 BTC - you will be getting 102 chips. Look in the spreadsheet for calculations.

Quote from: ElJay on April 19, 2013, 12:34:22 PM

Hmm.. wait a sec. I'm willing to buy 360 chips.

782.1/10,000=0.07821 btc each

360*0.07821=28.1556

28.1556*1,02(fees)=28.718712 BTC

So I have to correct my order to 28.718712 BTC (shipping excl.)

Am I right?

I put you down for 30BTC which yields 384 chips!

Quote from: Bicknellski on April 19, 2013, 01:06:43 PM

Good with that... just make sure to keep us all updated on shipping via email.

Thanks for checking out JohnK... have lots of trust in this escrow choice!

We are putting faith in the OP... but I like at least being sure the BTC is paying for the chips. Harder to sell off 10K worth of chips than convert 700+ BTC to cash... partial protection at least.

So looking forward to this!

Maybe part of your 1% OP is kept by John until proof of shipment? Not all but some we know you should get something to cover all the time and effort. Thanks again!

Yes good idea. JohnK can keep my 1% until people start getting their tracking info.

Quote from: xbaby on April 19, 2013, 01:16:42 PM

I'm in with 5BTC.

looking forward to this. thanks for helping.

added

AGAIN PLEASE NOTE:

I will use this formula to calculate the total BTC that you will be sending to JohnK:

( [# of BTC Contributing to Pool] + (2.1 / [# of people contributing for shipping]) ) * [JohnK + OP Fees]