I ordered 2% extra chips on my order. I won't say it's necessary as I have read a lot of members saying that they're all tested before being shipped from Avalon, but I'd rather not risk it. If none are bad, you have some chips you can try putting into K1 boards down the road. Or, you can sell them after you get them in hand to people who did get bad chips who decided not to buy any extras.   

Payment sent for 245 chips. 21.07BTC Still not sure about what other services I want. How long do I have to make that decision? Boards, assembly and paying shipping? What method is to be used for payment of shipping?

Put me down for 245 chips. 21.07BTC First purchase, please advise on next steps.

Okay, I had seen that and also that the update that the order had been placed, I wasn't sure what to take of that. Thanks.

Are we still able to put in orders for chips for Batch 3? Please let me know.

Ahh, indeed it was.

I thought it extended by 2 minutes after each bid.

5 @ 2.50

5 @ 2.49

Hi, I'm new to the Bitcoin game but I can already see one major flaw in the system. People use fiat currency because they are mandated to by their governments. Banks can, and do, institute all sort of fees related to usage of the currency because they have a captive audience. Bitcoin has the potential to negate most of these fees, but as of yet, seems to have more fees than traditional fiat for local usage.

There is very little incentive for businesses to accept Bitcoin because they still have to pay fees, often times more than traditional fiat fees, to cash out into fiat to pay bills. Potential customers are hesitant to get into Bitcoin because they're instantly paying about 5% more for products due to exchange fees to buy BTC.

localbitcoins.com is trying to provide local face to face exchanges but it seems the prices are even higher markup than the exchanges. Until people stop looking at bitcoin strictly as a profit mechanism and start looking at it as what it was intended to be, we won't be able to garner mass utilization.

I want to start a local Bitcoin exchange in my area, Northern Virginia and DC Metro area, to match up miners and buyers. Miners could sell locally at a price equal to or less than the exchanges and still make out by not having to incur excessive fees. Local buyers could buy into Bitcoin knowing they're not instantly losing 5% of their purchase in money transfer and exchange fees.

I'm in the process of building a website to facilitate the buyer and seller listings. If you're a miner or a buyer in the Northern Virginia / DC Metro / Baltimore area, please send me a PM and I'll keep you informed of my progress. I'd like to make contact with several miners and buyers so I can get your input on what's important to you.

I want to make this happen for several reasons. I truly believe that Bitcoin is a great step forward in online transactions. I especially think that a northern Virginia based face to face exchange would be great due to it's visibility and influence with the political scene in DC.

If you have particular skills and would like to assist me in making this happen, also feel free to leave me a PM.

SilentSonicBoom, can you clarify your bid? I thought you were bidding on 10 total. Trying to set up a spreadsheet to track this.

Good news, I was wondering the same thing. I have my posts, and have my 4 hours but am not yet un-newbied.

Howdy.

Thanks. I'm excited to be here.

I absolutely believe that bitcoin has a long way to go. I have jumped onboard. I'm currently trying to figure out how to get USD into BTC-e and get some bitcoin. I'm looking at buying some non-PT asicminer shares and do have a couple business ideas that I need to flesh out. I think Bitcoin has a lot of potential, and certainly a lot of hurdles to discover and overcome. I'm just happy I'm onboard the train for this jouney now. I just regret I wasn't onboard earlier.

A coworker of mine casually mentioned Bitcoin about a year ago while I was buying up old Dell PowerEdge servers for a training lab for myself. I didn't know anything about Bitcoin and hadn't bothered to look into it then. A year ago... If I had only looked into Bitcoin a year ago, I could A. Not be a newbie on Bitcoin Forums, and B. be rather wealthy. I know I would have embraced Bitcoin with arms wide open, exploring new technologies is my favorite hobby. Well, just one more story to add to the Bitcoin regret history.

What regrets do you have?