Bitcoin Forum

Shut up you moron.

You also said they will not deliver, and they will not deliver on time.

Which do you mean, they will deliver, but it will be late? OR they will not deliver at all?

Think before you post, but for the greater good of this forum, please throw your computer out the window.

Thanks.

Bitfury chips are already shipping.

You're a dumbass.  HTH.

I've taken part in 4 group buys that have delivered, 3 auctions that delivered, and am involved in two group buys that are for pre-orders (knc) or for community projects that have working hardware (Lucko / BFL chip custom hardware). 

Where is your evidence that group buys don't work?  Everyone assumes risk group-buying for pre-order hardware, but if you don't understand the risk you shouldn't be involved in Bitcoin.

I've also had 2 successful group buys, and the most recent was probably the best service I've ever had from buying something online.

+1000
They wont all work out but...most people understand that...Lets not stereo type everything..

drugs aint no good, dude, shop less at SR plz

Hate to feed the messenger/OP. My group buys have delivered. Others with group buys have delivered. Just be careful of sending large amounts of btc to strangers.

I can haz some of dem Drugs, youz taking ? :P

and please use manual escrow like JohnK or my automated one ( see sig ). This are crazy times.

ESCROW and Guarantee of Indemnity sign and agreed and used Master or Visa Credit Cards !!!!!!!!!!!!!!!!!


They Will Not Deliver
They Will Not Deliver on Time
You may only get your product 3 to 4 months later
Avalon Chips are 2 Months Late
Bitfury Chip will be late
Buttertfly Chips will be very late !!

 :)

Welcome to my ignore list, FUD-spreader.

I've been quite happy with my involvement in AM-based group guys thus far.

Avalon, well, that's another story, I'm dubious of KNC delivering on time, and all signs point to BitFury being on schedule with product already hashing.

Dude, you need to get your gas people out and check your appliances, because they must be leaking and making you do funny shit.  Either that or you need to stop huffing the glue.

I'm still an advocate of holding BTC over mining. Past results for the past 2 years has proven this to be truly a better investment. Just my 0.02BTC

Making things is more fun than hoarding things someone else makes.

They Will Not Deliver
They Will Not Deliver on Time
You may only get your product 3 to 4 months later
Avalon Chips are 2 Months Late
Bitfury Chip will be late
Buttertfly Chips will be very late !!

So Please Stay Clear of Group Buy.

Maybe if you repeat it enough times it will come true! Also your logic is a total fail... Bitfury has nothing to do with Avalon and BFL. I would bet that this guy has X Gh running and wants to protect his investment by spreading FUD.

Is it possible the manufacturers delay? Of course there is always that possibility, but to say they will for sure is silly. Especially when you make this claim about Bitfury, when it's still pretty much unknown whether they're legit or not. I'd venture to say that you have no evidence that Bitfury will delay do you?

I have had several positive group buy experiences getting block erupters.
I wish BFL shipped as fast as Canary and Friedcat.

Ive been robbed (and many other ppl) by "vdragon" during GB so I agree - be cautious buyers. Use escorow, known sellers and try to get proof of identity before make BTC transfer. Thats my 2C

So was I, but I've participated in a GB since with positive results.  The vdragon one, on hindsight, was an obvious scam from day one.  No-one picked it up.  ::)  Thankfully I only lost about BTC1.7.

Avalon Chips are 2 Months Late ?? hahahaha strong dope?

Yada, Yada, Yada.   And we should believe you because.....?  Because you are eve and just recently joined the forum?

This "vdragon" guy? Was he considered "trusted"? Can you link his thread?

I find it interesting that most of the group buys don't offer escrow. I see people sending over 10BTC to random community members without blinking.
I would like to know how people think. What makes you trust a member etc..

vdragon had been about a while, but turns out the account had either been sold or stolen. 

https://bitcointalk.org/index.php?topic=252180.0
...then...
https://bitcointalk.org/index.php?topic=262566.0

Makes me sad to read this. Seemed like an "honest" guy.

I always try to find group buys where the OP actual gives proof of identity. Like showing ID for JohnK etc.
Still I guess the only way to be sure is to use escrow. I don't get why so few GB's have escrow option?

Maybe the reason is that this would be impossible when selling shares of larger miners, no?
I mean if you look at stock exchanges like: btct.co they cannot guarantee that you won't get scammed.
It's the nature of bitcoin I think, when you have no regulations or central authority there will always be scammers.

My reason for not using escrow is simply because I don't want to pay a fee, and I feel like I've done enough business on these forums where 99% of the people here trust me and know I have good intentions. My identity is known by more than 10 forum members, so you would have no problem tracking me down if shit hit the fan.

Also, I like to order hardware ASAP as soon as I receive funds so that we can go ahead and get our place in line. Escrow only delays this.

I'm not surprised that vdragon GB was a scam btw. I remember seeing this and thinking it was really fishy that he himself had "ordered" 727 Block Erupters for himself. Any serious miner (not a hobby) is not going to even want Block Erupters, much less 700+ of them (unless they are reselling them like I did for a couple rounds  ;).)

You can get your buyers to pay for the escrow fees or u mark up and take in the escrow fees. Any way please don't join any group buy. No more group buy.

Eve had a point...
http://www.avalon-asics.com/

Batch three have completely left our hands, may DHL be swift in their deliveries. The refunds will shortly follow, this is the same for any tradein orders ( ran into issues such as some people were receiving their address to pay while other are not). we understand we are very late in this department of processing any customer support related issue, we will not be making any excuses, but this is literally the only thing left on our plate now. In the future we hope to eliminate this problem by selling only in stock products that will ship in under 3 days.
On the horizon are two new product designs, we are fairly happy with the batch 3 design, which will conclude as the Avalon Version 1 final design. In addition we will have a new 2 module unit coming to market and a 2U 17inch deep server blade slated as Avalon Version 2.
Chips
While we have send out some chip orders, there is currently ~200k chips stuck in custom right at this moment for about 2 weeks now, this matter is very painful for us and our customers. As majority of the chip orders ( 70% ) totaling ~800k is made between early and mid-may resulting in a tight time frame to work with. We do have more chips coming in via different route next week which will ease this a little bit. (you can take this as chips will resume shipping by end of next week for now.)
We will take this time to fulfill a promise to announce the next generation chip 2 month ahead of schedule so potential buyers can make a decision. Soon we will be disabling the pre-order of Avalon Gen1 chips and only sell the remaining stock as we phase out old technology for a new 55nm, which goes on sale for immediate delivery at mid October 2013. This 55nm will retain the same physical dimension as the 110nm Gen1, only few pads were changed so getting them up and running requires very little change to existing design.
In addition, there is 2 more chip designs in the pipeline, we have decided to proceed developing Gen3 and Gen4 in parallel due to the long R&D time of low processor nodes, both of these will be a Full Custom ASIC design.

Ah well -- so much for the group buys...

EVE why do you need to spread FUD. Have you been ripped off? Report it then! They may be late but they are cheaper. Explain your reasons better rather in full caps.
TL;DR NO NEED TO CAPS IT
burn irony burn

I'm pretty sure this isn't a "Group Buy"....  ::) Where are the mods?

This is stupid,
Regardless of what you invest your money in you should use common sense.

1) ask questions and get proof of the persons identity.
2) if it looks too good to be true, it is.
3) No time to think or check then, no time to buy.

If the OP gets offended by questions regarding his/her proof or lack of legitimacy a red flag should go up.
"Can you prove you are who you say you are is not a rude question"
My last piece of advice is hedge your bets, even well intended GB's can go wrong for unforeseen circumstances.

Happy mining :)

ps

Eve, STFU

can i hz too ??

Do their caves have internet, the same as yours?  Or are you under a bridge?  ???

Yes, we have our internet inside our caves.

Stay Away and Stay Clear of Group Buys and Pre Orders. The promoters only wants to make money out of you.

DONT GET BFL'D!!!!

;D

I've just lost 3 minutes of my life. Thank you.  ::)

I wish eve would stop making a blanket statement. Except for the vdragon incident, groupbuys have been honest and the organizers have delivered in the past. If eve can point out instances of scam and thievery, please feel free to post them. But, if eve can't specifically call out these instances, please REFRAIN from scaring people. Scaremongering is a trademark of power maniacs.

Now I see, eve has highlighted ignore button.

Some of this hysteria makes sense. Now when the difficulty is 65mln looking at the charts from one groupbuy
http://hashfast.coiningsolutions.com/ec/

Earnings Per Share:    (week)   ฿ .3520475   (difficulty 100mln)

we can see that with the share price of 3BTC even if the difficulty stays around 100mln (in November, which is optimistic)
you need 10 weeks to just get your money back.

And what prevents 3x/4x current difficulty by January? If people start getting their ASICs in Sep/Oct they will invest ahead in next gen ASICs, like CoinTerra. 

selling my chips from t13hydra batch2 group buy

104 chips left

0.075btc/pcs if you buy more than 10pcs

Most will not delivered and turn into SCAMS with no refund. The Group Buy Moderator will NEVER Refund you the Money in case of the vendor not delivering. They are all part of the SCAMS.

To those who organized the group buy, please for goodness sake, refund the money in FULL to those who were in your group buy now. Those in your group who had bought into the DIY assembly with you all should be treated differently than those who did not buy into your assembly or DIY, they want a full refund.

Lol, this forum is very clever! it has clearly suggested me to ignore all posts by EVE by highlighting it in yellow.
This is great.

KNC will be delivering on schedule and we are at the top of their list. We only have one more system available but please do check out https://bitcointalk.org/index.php?topic=239712.120 . I have already spent 15K on my customers for both this and my website endevour so we have top of the line cooling (2 central air conditioning units and 1 14,000 BTU portable ac unit, also we have humidity control, and server racks made of steel.

I have also refunded over 220 bitcoins to those who needed money or were in financial trouble, along with that I have already sent mupartee, a member of bitcointalk payment for the Litecoin Rig I have going for him.

Adeel

We are all aware there are risks.

Bwahahahahha :D

Eve,
You were not completely wrong.

You learn from every mistake you make. I won't go as far as eve and say all GB's are bad.
But stay away from people who can't show you the product in hand!

jamesc760 who posted in August about not all group buy's being a scam turned his group buy into a scam. Funny shit unless you were involved in his group buy.

I'm taking a complete hiatus from crypto right now until I can get the stench of BlackArrow off me.

Just not completely right! ::)

What the fuck are you talking about?

You ran a group buy yourself and stole everyone's money without returning a single dime.