Quote from: ttul on March 12, 2012, 08:30:18 PM

Quote from: runeks on March 12, 2012, 01:28:57 AM

ttul, you have ignored my previous question regarding selling your chips to OEMs who will then include them in smaller products targeted at the private individual. I have a feeling that the number of people willing to invest $500-$1000 in Bitcoin (through such a small device) can bring in a larger sum in total than the number individuals willing to invest $30,000. Can I get you to make a comment on this?

Okay, everyone. We've read the forums, and have carefully considered the ROI calculations that have been submitted by various of you. We have also talked to many of you by telephone. After much research and contemplation, we have decided to offer the first 25 customers who order a C200 unit by April 15 a 50% discount on our initial price of $30,000 per unit to ensure that we can establish trust with an initial group of customers. This means the deposit amount is reduced to $2,250 per unit, and the unit cost is reduced to just $15,000.

This is a fantastic offer, and since sending out an announcement to our list less than an hour ago, we have received

If you wish to make an order, please visit our order form: http://bit.ly/A53ShJ

Q&A

1. What will happen if my order is #26? Will I still get a discount?

No, we are only offering this discount on first first 25 orders received by April 15, 2012. If your order is not in the first 25, or if we receive it after April 15, then you will be placed on a waiting list, which we will fill if someone from the first 25 orders fails to provide their deposit in a timely manner.

2. Will the price be reduced after April 15?

Probably not. We still believe that $30,000 per unit represents good value when you consider the long term growth of Bitcoin and the potential of a difficulty increase to quickly erase any ROI difference with FPGA-based offerings.

3. Will you offer a smaller unit that costs less?

Not until at lease late 2012. For now, we need to focus on shipping to a small number of eager customers who can validate that our technology works, and help to evangelize LargeCoin to a larger audience of smaller customers in future.

4. Can I order more than one unit at this price?

Yes, you can order multiple units. We have placed an arbitrary cap of 5 units per customer; however, if you have a strong interest in ordering more than 5 units at this time, please contact us. We will consider larger orders on a case by case basis.

5. Who will the escrow agent be?

We are still working this out. When we have the escrow details ready, everyone who has filled in our order form will receive an email from us with a copy of the escrow agreement and full details of the escrow agent. Everyone will have plenty of time to do their own diligence on the escrow agent and the agreement before sending any deposit funds.

6. Why should I trust you guys?

You don't have to trust us. Your money will be escrowed, and we won't use any of it until the devices have been validated by an independent third party as ready for shipping. We won't even take your final payment until you have received the product. This is the reason behind our DRM mechanism, which allows you to try the device for 30 days after receiving it, without giving us any money.

PM me or make a post if you have any additional questions not answered here.

where are you located?
are you licensed to business there?
are you incorporated, llc, self employed ?