Bitcoin Forum

Bitcoin => Hardware => Topic started by: redbeans2012 on April 04, 2013, 05:29:53 PM



Title: Dragon Asic
Post by: redbeans2012 on April 04, 2013, 05:29:53 PM
My friend just showed me this.  Looks like another scam is there a thread on these guys.

 ???

http://dragon-asic.com



Title: Re: Dragon Asic
Post by: Phinnaeus Gage on April 04, 2013, 05:31:03 PM
MOTHERFUCKIN' SCAM!!!

http://dragon-asic.com/index.php?page=about

http://dragon-asic.com/includes/files/a_1.png

http://servers.pconline.com.cn/news/1207/2846685_all.html

http://img0.pconline.com.cn/pconline/1207/04/2846685_3.jpg


Title: Re: Dragon Asic
Post by: candoo on April 04, 2013, 05:33:10 PM
best scam attempt  yet

very nice website with affliate

but still SCAM


Title: Re: Dragon Asic
Post by: Dalkore on April 04, 2013, 05:34:12 PM
WARNING:  They have an affiliate program.  RED FLAG


Title: Re: Dragon Asic
Post by: MiningBuddy on April 04, 2013, 05:34:34 PM
http://www.tineye.com/search/f23c3422fec94cf955e779a9ca7c2dab91eb335e/

/thread


Title: Re: Dragon Asic
Post by: CoinHoarder on April 04, 2013, 05:37:58 PM
Yes, this scammer put a lot of effort into trying to look legit.

"By December we built and sold twenty Dragon 24 GH/s." LOL- NO WAY ASICs were being sold in December without the community hearing anything about it.

Also, a quick google of their company "Juswa" along with their names brings up almost nothing. If they actually did start a succesful company in 2008 named Juswa, there would be some record of it on the internet...


Title: Re: Dragon Asic
Post by: koob on April 04, 2013, 05:38:13 PM
Quote
By December we built and sold twenty Dragon 24 GH/s.
If they are legit where are those im asking ?


Title: Re: Dragon Asic
Post by: CoinHoarder on April 04, 2013, 05:40:06 PM
Quote
By December we built and sold twenty Dragon 24 GH/s.
If they are legit where are those im asking ?

Yeah, they made it so obvious this was a scam with that statement. If someone had received a 24Gh ASIC in December, they would have shown it off on these forums already.  ;)


Title: Re: Dragon Asic
Post by: cbeast on April 04, 2013, 05:41:32 PM
Everybody Wang Jun Tonight!
http://i3.ytimg.com/vi/BoXu6QmxpJE/mqdefault.jpg (http://www.youtube.com/watch?v=BoXu6QmxpJE)


Title: Re: Dragon Asic
Post by: CoinHoarder on April 04, 2013, 05:42:30 PM
Everybody Wang Jun Tonight!
http://i3.ytimg.com/vi/BoXu6QmxpJE/mqdefault.jpg (http://www.youtube.com/watch?v=BoXu6QmxpJE)

LOL... that's the first thing I thought of when I read the name as well.  ;D


Title: Re: Dragon Asic
Post by: papamoi on April 04, 2013, 05:45:58 PM
website setup 2 days ago

lool


Title: Re: Dragon Asic
Post by: miter_myles on April 04, 2013, 05:49:07 PM
I like the name and idea... nice looking site too...

I'm sure plenty of noobs outside this arena have already yelled at their monitor while throwing money/btc at it.. "shut up and take my money"..


Title: Re: Dragon Asic
Post by: Nemesis on April 04, 2013, 05:55:17 PM
Everything with "Dragon" in their names are FAKE....

Dragon car, Dragon phone, Dragon sushi..... ALL fake.

LOL i find it hilarious that they pick "Dragon" for their scam....

Could have settled for " Tiger" but no.... it gotta be "Dragon"


Title: Re: Dragon Asic
Post by: funnow on April 04, 2013, 05:59:49 PM
I have googled Jun Wang ASIC and find this http://www.eee.hku.hk/~junwang/ (http://www.eee.hku.hk/~junwang/)


Title: Re: Dragon Asic
Post by: redbeans2012 on April 04, 2013, 06:00:53 PM
Everything with "Dragon" in their names are FAKE....

Dragon car, Dragon phone, Dragon sushi..... ALL fake.

LOL i find it hilarious that they pick "Dragon" for their scam....

Could have settled for " Tiger" but no.... it gotta be "Dragon"


You got scammed when trying to order dragon sushi? :(


Title: Re: Dragon Asic
Post by: CoinHoarder on April 04, 2013, 06:09:53 PM
I have googled Jun Wang ASIC and find this http://www.eee.hku.hk/~junwang/ (http://www.eee.hku.hk/~junwang/)

Not the first time a scammer tried to use someone else's reputation to scam others... (Can-electric +others)


Title: Re: Dragon Asic
Post by: nbtcminer on April 04, 2013, 06:11:44 PM
I wonder if the same scammer is behind all of the fake ASIC scams (i.e. Lighting Asic, PrimeASIC, the fake BASIC site etc)


Title: Re: Dragon Asic
Post by: maqifrnswa on April 04, 2013, 06:18:27 PM
Trogdor the Burninator is a Dargon.


Title: Re: Dragon Asic
Post by: rupy on April 04, 2013, 06:24:42 PM
Lol this is so retarded: 45GH 20 BTC and 92GH 100 BTC... mmm yeah!


Title: Re: Dragon Asic
Post by: mik3 on April 04, 2013, 07:02:03 PM
WARNING:  They have an affiliate program.  RED FLAG

wat...

Expedia has an affiliate program

Ticketmaster has an affiliate program

Apple has an affiliate program...

Are they all scams too?

Affiliate programs do not make something a scam. The scammyness of this site itself makes it a scam.


Title: Re: Dragon Asic
Post by: Tamerz on April 04, 2013, 07:04:22 PM
WARNING:  They have an affiliate program.  RED FLAG

wat...

Expedia has an affiliate program

Ticketmaster has an affiliate program

Apple has an affiliate program...

Are they all scams too?

Affiliate programs do not make something a scam. The scammyness of this site itself makes it a scam.

Well... Ticketmaster is pretty close.


Title: Re: Dragon Asic
Post by: Nemesis on April 04, 2013, 07:08:14 PM
Everything with "Dragon" in their names are FAKE....

Dragon car, Dragon phone, Dragon sushi..... ALL fake.

LOL i find it hilarious that they pick "Dragon" for their scam....

Could have settled for " Tiger" but no.... it gotta be "Dragon"


You got scammed when trying to order dragon sushi? :(

dragon sushi isnt authentic sushi.... hence its fake.

Yes i know tons of sushi restaurants are run by chinese with tons of chinese food mixed menu.

Same for Thai restaurants.... Dragon Tomyumkung..... sounds good?


Title: Re: Dragon Asic
Post by: Dargo on April 04, 2013, 07:34:53 PM
Their pricing structure makes absolutely no sense. For the price of one 92 Gh/s unit you can buy 5 45 Gh/s units (for a total of 225 Gh/s). But for vaporware, I guess your pricing structure is based more around what you hope you can sucker people into.


Title: Re: Dragon Asic
Post by: howdoin on April 04, 2013, 07:55:15 PM
WARNING:  They have an affiliate program.  RED FLAG

wat...

Expedia has an affiliate program

Ticketmaster has an affiliate program

Apple has an affiliate program...

Are they all scams too?

Affiliate programs do not make something a scam. The scammyness of this site itself makes it a scam.

Well... Ticketmaster is pretty close.

Made me laugh... thought you should know.


Title: Re: Dragon Asic
Post by: greyhawk on April 04, 2013, 07:55:30 PM
WARNING:  They have an affiliate program.  RED FLAG

wat...

Expedia has an affiliate program

Ticketmaster has an affiliate program

Apple has an affiliate program...

Are they all scams too?

Affiliate programs do not make something a scam. The scammyness of this site itself makes it a scam.

Well... Ticketmaster is pretty close.

So is expedia.

And Apple is a cult.


Title: Re: Dragon Asic
Post by: mik3 on April 04, 2013, 08:16:09 PM
And Apple is a cult.

Doesn't make it a scam though...


Title: Re: Dragon Asic
Post by: johnyj on April 04, 2013, 08:28:28 PM

"Drivers are available during software update.
To update drivers choose Update in Help menu.
Drivers for the Dragon-2 ASIC are installed autamatically as you plug it to the computer.
Contact support if you have any question."

 ;D

One of my guess: They have large amount of ASIC order from BFL and now they are making a huge housing to hold several singles and do a re-branding


Title: Re: Dragon Asic
Post by: HorseRider on April 04, 2013, 08:54:13 PM
Wang Jun is a very popular name in China. There are 810936 people named Wang Jun.

http://yls88888.bokee.com/viewdiary.15862670.html


Title: Re: Dragon Asic
Post by: Rampion on April 04, 2013, 09:30:29 PM
Pretty obvious SCAM

I wonder how many victims were sucked into these so obvious PrimeAsic, Lighting Miner and Dragon Asics scams.


Title: Re: Dragon Asic
Post by: funnow on April 04, 2013, 10:04:24 PM
You forget Labsnovo, Cedartec, and probably many more.


Title: Re: Dragon Asic
Post by: PachucoBro on April 04, 2013, 11:53:15 PM
Lol this is so retarded: 45GH 20 BTC and 92GH 100 BTC... mmm yeah!

Uhhh why is that retarded... If they were real that is a GREAT price. $2,500 for a 45GH/s tha you can have in your hands in 3-5 days is better than a pre-order of an ASIC on eBay that you have no recourse if they don't deliver and those are selling for $3,000-$5,000 for 30GH/s....


Title: Re: Dragon Asic
Post by: bcpokey on April 04, 2013, 11:54:51 PM
I like the order page

Secure Checkout
Order information
Order number: 36
Send 300 bitcoins to:

1Lx2vadg7EemzLpxqQLQLQpXkwbWjafGn2


It's secure on a non-https non-verified system  ::)

Let me just send over some bitcoin!


Title: Re: Dragon Asic
Post by: Dargo on April 05, 2013, 12:07:36 AM
Lol this is so retarded: 45GH 20 BTC and 92GH 100 BTC... mmm yeah!

Uhhh why is that retarded... If they were real that is a GREAT price. $2,500 for a 45GH/s tha you can have in your hands in 3-5 days is better than a pre-order of an ASIC on eBay that you have no recourse if they don't deliver and those are selling for $3,000-$5,000 for 30GH/s....

Think about it...costs 5x as much to get 2x the Gh.


Title: Re: Dragon Asic
Post by: PachucoBro on April 05, 2013, 12:15:59 AM
Lol this is so retarded: 45GH 20 BTC and 92GH 100 BTC... mmm yeah!

Think about it...costs 5x as much to get 2x the Gh.

Ummm... tell me people wouldn't pay me $2,600 (currently 20 BTC) if I said I had 1 or 100 ASICs ready to ship that mine 45GH/s.

Really?! you think that's too much?

Let's do some math using http://www.bitcoinx.com/profit/ with the following spec's...

Difficulty (currently 6.6M): 20,000,000
Bitcoins/block: 25
USD/BTC (currently $130.00): $90.00
Electricity: $0.15 / kW
Power Usage: 100W
Time to mine: 30 days

At the end of 30 days you would have paid for the ASIC in full and still have $763.24 and be on your way to mining $112.80 per day after electricity costs.

YOUR TURN...  ::)



Title: Re: Dragon Asic
Post by: Dargo on April 05, 2013, 12:20:30 AM
Lol this is so retarded: 45GH 20 BTC and 92GH 100 BTC... mmm yeah!

Think about it...costs 5x as much to get 2x the Gh.

Ummm... tell me people wouldn't pay me $2,600 (currently 20 BTC) if I said I had 1 or 100 ASICs ready to ship that mine 45GH/s.

Really?! you think that's too much?

Let's do some math using http://www.bitcoinx.com/profit/ with the following spec's...

Difficulty (currently 6.6M): 20,000,000
Bitcoins/block: 25
USD/BTC (currently $130.00): $90.00
Electricity: $0.15 / kW
Power Usage: 100W
Time to mine: 30 days

At the end of 30 days you would have paid for the ASIC in full and still have $763.24 and be on your way to mining $112.80 per day after electricity costs.

YOUR TURN...  ::)



No, you aren't getting it. The pricing structure makes no sense. They are charging 5x as much for the larger 92 Gh/s unit which only has 2x the hashing power. Instead of paying 100 BTC for the 92 Gh/s unit, you could buy 5x 45 Gh/s units and have 225 Gh/s. This is further evidence that it is a complete scam, but if you think it is a great deal, go for it and let us know how it turns out (but I don't advise it).


Title: Re: Dragon Asic
Post by: DPoS on April 05, 2013, 12:21:44 AM
Everything with "Dragon" in their names are FAKE....

Dragon car, Dragon phone, Dragon sushi..... ALL fake.

LOL i find it hilarious that they pick "Dragon" for their scam....

Could have settled for " Tiger" but no.... it gotta be "Dragon"


but there IS a Dragon Bridge

http://gizmodo.com/5993579/vietnam-builds-a-giant-fire+breathing-dragon-bridge-to-commemorate-the-end-of-the-war



Title: Re: Dragon Asic
Post by: PachucoBro on April 05, 2013, 12:40:17 AM
Think about it...costs 5x as much to get 2x the Gh.

No, you aren't getting it. The pricing structure makes no sense. They are charging 5x as much for the larger 92 Gh/s unit which only has 2x the hashing power. Instead of paying 100 BTC for the 92 Gh/s unit, you could buy 5x 45 Gh/s units and have 225 Gh/s. This is further evidence that it is a complete scam, but if you think it is a great deal, go for it and let us know how it turns out (but I don't advise it).

Ahhh yes... you are comparing the two models they are offering. My bad... thought you were comparing theirs to BFL. Gotcha.

I'm not pre-paying for any mining ASIC right now. I'm happy with my ~20% return on my money in the last 3 days.


Title: Re: Dragon Asic
Post by: Nemesis on April 05, 2013, 01:35:22 AM
Everything with "Dragon" in their names are FAKE....

Dragon car, Dragon phone, Dragon sushi..... ALL fake.

LOL i find it hilarious that they pick "Dragon" for their scam....

Could have settled for " Tiger" but no.... it gotta be "Dragon"


but there IS a Dragon Bridge

http://gizmodo.com/5993579/vietnam-builds-a-giant-fire+breathing-dragon-bridge-to-commemorate-the-end-of-the-war



yeah thats fake.... sorry, thats just a papercut dragon shape looking thing on a bridge.


Title: Re: Dragon Asic
Post by: DoomDumas on April 05, 2013, 03:03:59 AM
MOTHERFUCKIN' SCAM!!!

http://dragon-asic.com/index.php?page=about

http://dragon-asic.com/includes/files/a_1.png

http://servers.pconline.com.cn/news/1207/2846685_all.html

http://img0.pconline.com.cn/pconline/1207/04/2846685_3.jpg

Gratz for finding the original pic.. Im really impressed !  Nice call Phin !

EDIT :Hmm,. TinEye  This is very great and usefull :)
thanks MiningBuddy for the link !


Title: Re: Dragon Asic
Post by: Dargo on April 05, 2013, 05:36:32 PM
According to what they now show "in stock," this vaporware is flying off the shelves. And the 92 Gh/s unit (by far the worst value) is "selling" the best. Either these inventory numbers are totally fabricated, or some really stupid people are buying (hopefully the former).


Title: Re: Dragon Asic
Post by: Minor Miner on April 05, 2013, 07:04:27 PM
And Apple is a cult.

Doesn't make it a scam though...

Dunno.  Everytime I try to make a call or get a text after 1 hour on my Iphone, I wonder


Title: Re: Dragon Asic
Post by: papaminer on April 08, 2013, 03:41:20 PM
Domain Age:    0 years and 10 days
Website IP:    213.239.231.138
Hosting Country:    Germany

Here's the math:

$10 for domain
$3 for domain whois privacy

Owner probably own a VPS/dedicated server so hosting is free...

and

$50 for website design

$100 for effort researching bitcoin history/data so their info is somehow 'a little' accurate.

and boom u got http://dragon-asic.com

nowww....

bitcoin is getting lots of attention in media and investors who does not know what it really is... (especially computer illiterate people will easily fall into this)


Let's just say 1 person buy per month from dragon asic... even the cheapest "product" they have costs 20btc

at current rate of btc...

20btc = $3880


All money spent into creating that dragon site has been paid... + interest...