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1781  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 12, 2014, 03:28:44 AM


Where all the magicians go!
1782  Economy / Services / Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform on: January 12, 2014, 03:08:21 AM
We should also start a contest,

To see who can fine tune butter the best from week to week, month to month. (Back Testing and Forward Testing)

We can start off from the default settings until we max out in terms of optimized opportunity.

Might be fun?
1783  Economy / Services / Re: Butter Bot!: New Bitstamp, BTC-E, and MtGox EMA Trading Platform on: January 12, 2014, 03:05:01 AM
With all the talk about trial software.....

Pablo should probably turn the trial software into a simulation.

Unlimited time, but your account won't actually trade in real life. As long as you keep it open it will trade imaginary numbers but nothing actually goes out to the exchange API's. Just simple math.

If a person tried the simulation then after some unknown period of time, they would be able to fine tune the settings and see the ongoing results of their changes. If it convinces them, they buy the software license, if not, no harm no foul.

Pablo should also implement profiles (I believe it's on the board already) so that users can openly exchange settings either out in the open or between each other. Giving newbies to the ButterBot simulator(formerly trial software) some "settings" which they can see results within a reasonable period of time.

It will also help everyone figure out what kinds of changes makes sense and why it works better than another setting.

==============================

One "problem" with the backtesting feature is that it doesn't really give you a clue as to why one setting works spectacularly while other settings work downright terrible.

People turn to BitCoinWisdom because it gives them a visual representation of the last 900 update cycles. It lets people do the tweaking and only in one dimension.

It would be nice if there was eventually a fully supported website by the butter bot team that shows users (interactively) what different settings do when they are changed. Letting the casual simulator or licensed user of Butter bot focus in on what could be improved on.

Allowing you to:
Change the tick settings with vertical highlights,
Change EMA's all four EMA pairs with highlights that spots where crossovers occured in the past based on your chosen settings,
Change the EMA's pairs and see how many spikes and drops were taken advantage of in a given period of time.
Change the periods of update to see what is more advantageous.


In other words interactive, visual and dynamic so people can figure out what the numbers actually mean and what changes with each setting.

===========================

Pablo's team should also (geeze one too many ideas) focus in on a little addon to find the heart beats of the market. Both the large ones and the smaller ones.

Not incredibly, if you look over the graphs (RTBTC/BitCoinWisdom etc) you can find the timing of various bots that do large trades at pretty precise intervals. Allowing you to time your own buys and sells (or butter bot) with that in mind.
1784  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 10, 2014, 06:39:01 AM
Seems I spoke too soon, USPS made another attempt (After saying they were returning it!) and it went through, and I also received an email confirmation that they received it.

Same here. Just received a confirmation from Erin that my refund request has been received (both email and paper).

+1 for 'doxing' on a separate thread.
Did she say anything alarming?

Like they wouldn't accept anything but their form?

That's what Erin is saying:

Thank you for your email. We have very much appreciated your patience. At this time, we are only able to process refunds that accompany the attached form, that you should have received yesterday evening.

Please fill out the attached form, scan, and attach in reply to this email and we will be happy to expedite your refund.

Please let us know if you have any further questions or concerns.

Sincerely,

Erin

Customer Service Manager

--
HashFast Refunds
refunds@hashfast.com

Let me be the first to state the obvious.

That is obviously illegal. If it is not, it really should be.

The folks at HashFast appear to be playing games with peoples money, their own Terms of Agreement and refusing refund request to at least one person when they were notified (through their own means) of non-delivery and an appropriate refund request.

(Tick Tock, they are gonna lose alot more than the respect of their customers.)
1785  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 10, 2014, 12:52:21 AM
Seems I spoke too soon, USPS made another attempt (After saying they were returning it!) and it went through, and I also received an email confirmation that they received it.

Same here. Just received a confirmation from Erin that my refund request has been received (both email and paper).

+1 for 'doxing' on a separate thread.
Did she say anything alarming?

Like they wouldn't accept anything but their form?
1786  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 09, 2014, 09:29:17 PM
yes, 5%
How about 105%?
1787  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 09, 2014, 07:58:35 PM
So you believed that they would be able to design and manufacture everything without touching any of the pre-order funds?
Yes, I did— or at least substantially. This is the norm in electronics manufacture, thats what investors are for, normally you don't have the customers funds before your design is done and manufactured. Pre-orders are unusual. Even in custom one off manufacture in the commercial market not only is payment normally provided _at delivery_ but goods are often invoiced net-30, so you won't get paid until sometime after delivery of the product.

Besides, you can factor out the exchange rate noise, just assume that the exchange rate was constant. In (some/most/all) states you are legally obligated to provide full refunds for pre-orders with fairly short notice on late delivery, and— obviously— in all states you are required to refund customers if you don't ship a product.  So they wouldn't have been able to meet even the most conventional of obligations, in the worst case (e.g. their design failed) if they'd been spending the pre-order funds to fund design and manufacturing.

In the mining space pre-order lets a maker lock in outsized prices and deny business to the competition by locking up the customers funds early. It might also be used to fund development and manufacture but if so, thats very risky, and may create all kind of adverse exposure for the business. Better to get investors with clearly established rights and obligations.

They clearly played us as investors.
http://www.businessweek.com/articles/2014-01-09/bitcoin-mining-chips-gear-computing-groups-competition-heats-up#p3

Quote
A typical company might take a year to 18 months to design and manufacture such a custom chip. De Castro and his partner, Simon Barber, a former engineer at the Palo Alto Research Center, tried to pull it off in a few months. They hired a team of 20 engineers and consultants and hunkered down for weeks in the offices of a local chip design consulting firm. Bills for those services ran into the millions, though HashFast had raised only $600,000 from friends and family. (Several family members balked at investing in what they called “Monopoly money,” de Castro says.) The HashFast partners raised the rest by preselling $15 million worth of mining rigs on the idea alone, without even a prototype. Naturally, the company took payment in Bitcoin.

 Angry

Mama-mia!

Congratulations, you are all now investors according to Buisnessweek. You are now owed interest payments?
1788  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 09, 2014, 11:24:35 AM
So it appears the certified letter I sent to
Quote
HashFast Technologies LLC (“HashFast”)
100 Bush Street, Suite 650
San Francisco, California 94104, United States
Has failed:
Quote from: USPS
Your item was undeliverable as addressed at 11:49 am on January 8, 2014 in SAN FRANCISCO, CA 94104. It is being returned if appropriate information is available.
The San Jose one is still in route, but I had lower expectations of that one being successful.

Time for a process server I guess.


Son of a bitch, and I just mailed them another refund request form (and supporting documents) to that address just yesterday. Previous to that I sent it to their San Francisco address (address on my original invoice) but like you I don't have much hope of that one actually making it into their hands.




Time to scan it into the PC and send it via email.
1789  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 09, 2014, 04:02:08 AM
@ PG

Lets play six degrees of seperation.

Find me a connection between BFL and HashFast (however indirect).
1790  Bitcoin / Hardware / Re: Here's a LOOOOOOOOOOOOOOOOOOK at your Monarch! on: January 09, 2014, 03:58:20 AM
This is going to be quite entertaining.

In about 3 months the announcement that the cards will come with free cooling blocks, filled with liquid nitrogen immersed in dry ice.

With a warning that if you turn off the cooling before you turn off the Monarch, the card will turn to lava and burn through to the core of the earth.


As we learned from Fukushima, when something burns into the earth, it will eventually hit underground pockets of water. Finally exploding upwards and irradiating all living things.

In this case, expect shrapnel.
1791  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 09, 2014, 01:42:43 AM
This is Erin Havard's FB page: https://www.facebook.com/MrsHavard

Deleted in 5...4...3...
Wow, you were right, already deleted.
1792  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 09, 2014, 01:36:22 AM
I work @ HashFast. (Just doing it for the paycheck, hate this fucking piece of shit company)
Ask me anything Smiley
Why do you hate working at HashFast?

(Play along, maybe we will illicit a proper response from HashFast if you keep it up)
1793  Bitcoin / Hardware / Re: Here's a LOOOOOOOOOOOOOOOOOOK at your Monarch! on: January 09, 2014, 01:10:38 AM
Am i just not used to this type of design, or does it really look jerryrigged?
It's Inaba-rigged. It is a whole new league of "Wow, WTF is that? Will it Work?"

Jerry rigs things with a [barely] respectable thought as to form and function.

Macgyver is crying in his basement right now after seeing this pic.
1794  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 09, 2014, 01:06:47 AM
She's on to you.

If there are any other details you wish her to delete, please say so by providing links.
1795  Bitcoin / Hardware / Re: Here's a LOOOOOOOOOOOOOOOOOOK at your Monarch! on: January 09, 2014, 12:49:23 AM
Heres a look at youR Monarch  Huh What do you think Huh  Kiss Undecided Shocked Roll Eyes Cry



MONSTROSITY!

Looks like they are dropping the heatsink (ala video cards/GPU's).

in favor of liquid cooling connections.

I imagine they will make a nightmare to install side by side inside a PC unless you have ample experience with water cooling solutions.
1796  Bitcoin / Hardware / Re: Here's a looooooooooooook at you Monarch on: January 09, 2014, 12:47:10 AM
I think that BFL is good at printing pretty PCBs with "prototype" on it so that they get the attention of the press.
It is a ball of smoke.

It is a prototype 1 board (no traces, not a working PCB).

They should take that pic again on a prototype 3 or higher.


(Should be blue)


(But instead they used a dead board to take the pic with....ie.....no progress)

Edit: Nevermind, OP added 2 extra photors with what looks like a revision 3 board.
1797  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 08, 2014, 11:54:23 PM
When you do a BTC transfer,

Are individual Bitcoins tracked and referenced with their individual hash numbers?

If there is a way to track down your individual BTC by their hashes, you could level the playing field by asking HashFast to prove they actually converted the BTC to Fiat (at which date and what rate).

If they can't prove they actually converted it, then your assets should be returned.
1798  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 08, 2014, 11:41:56 PM
Ok, the outsourced guy - nice trolling Smiley

Rodrigo did not answer questions like an outsourced person (like Eugene now).  Rodrigo wen t and asked his boss (Erin?) a question while I was on phone... said they were in a meeting.
I would expect that they will postpone dealing with you as long as they possibly can. You have an extremely strong case for getting your BTC back and they would almost certainly lose the case if you did take them to court, but until all of Batch 1 ships or gets refunded they aren't going to want to create the precedent of giving a Bitcoin refund to anyone.
Most intelligent and insightful post of today.
1799  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 08, 2014, 11:28:58 AM
^^^

I can't see the image the above user posted, but I'm guessing it's some sort of reference to the sexual preferences and proclivities of HashFast employees. I could be wrong though.



LOL!

--------------

I sure hope they do not go all BFLAVALON style on those asking for legit refunds. I can't imagine if they are serious about developing this business longer term they would make that mistake. Are they not shipping anything yet?

Don't put Avalon together in a word with the unspeakable company please. They have been fair to me and many others, including full BTC refunds.
Thats what I recalled as well....
1800  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 08, 2014, 09:25:06 AM
Now that the lawsuits are starting to come in they decided that a 5% bribe to take their offer would be the next bet?
You also have to promise to disparage them.
Pretty much.

HashFast to it's customers: Here is a quarter. Now scram, LOL.

(Speculative prose on what that conversation will go like in court)
<HashFast: We gave our customers "a settlement bonus" on their refund, they agreed, therefore they are not entitled to their full refund.
<JUDGE: How much is this bonus against what the plaintiff requested?
<HashFast: 5% extra?
<Judge: >_< (Face Palm)
<Judge: 0_0 Are you serious?

(Edit: In case you don't get it folks, they are looking to [probably] surreptitiously settle your refunds by giving you 5% on your USD refund. Hopefully no one is dumb enough to take their settlement offer and sign on the dotted line. If you do, you screw yourself.
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