Users will be able to collect deposits only after submitting identity info.
Identity meaning what exactly? Will my login credentials and deposit address suffice? |
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It seems Bitcoin enters more and more into the real world. Now it seems we could have a case of insider knowledge...I m really curious what will come out of this mess.  It doesn't take a rocket scientist to read the writing on the wall. Plenty of other non-insider folks on these forums saw this coming and pulled their assets out in time. I just wish I had been one of them. Now I don't know if I'll ever see my 50 BTC again. |
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It would be nice though if Avalon had the enduser in mind and disallowed transfers of orders to make sure their product ends up in miners' hands and not in scalpers.
I don't believe Avalon ever stated a position on this. IMO, they should disallow it just because of the administrative overhead. I want them spending their time making a great product delivered on-time, not dealing with all of the hassle of managing the trading of orders. I disagree with the opinion that managing this would only amount to a trivial amount of work. IMO, If a buyer wants to sell their order, they need to manage the entire process, receive the product themselves at their address, and then turn around and ship it to the buyer. Leave Avalon out of it. |
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People need to calm down geeze lol
 "Hey, relax guy. Trust me." |
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I would like this thread incorporated here by reference, and I would like to update the original indictment with: IV.a. On October the 1st Nefario, GLBSE or both approved for trading a fund which purports to collect investment with which to buy mining bonds or equipment (unclear which) and then use the proceeds so generated in order to purchase bulk lottery tickets (something which may or may not infringe a patent held by Butterfly Labs or Butterfly Labs principal Sonny "Whatshismobname" Vleisides). This braindamaged plan was announced on the 26th of September. IV.b. For the entire interval spanning IV.a. above, Nefario failed to accept and failed to communicate with at least two users on the subject of their pending listings, and further refused to refund a third. You may also notice that Nefario's forum posts abruptly cease right around then: https://bitcointalk.org/index.php?action=profile;u=3046;sa=showPostsSting operation anyone? |
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My partner and I had been talking about the temperary offline of GLBSE till now.
After our discussion, we agreed that we should make the following actions:
1. Accepting any amount of share lock-ins, with no lowest thresholds.
2. Building a platfom to automate the process.
And for MU and MOORE, which are managed in the name of myself, I will offer the same services.
Are you saying that I can buy (a not overly large quantity of) shares of ASICMINER directly from you/Bitfountain? Please, keep me us informed. I'm interested. |
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Ok GLBSE is totally down now..
Doh!  I had just deposited 50 BTC yesterday into my brand new GLBSE account, though I stopped short of buying any securities after I researched the whole situation some more. I wish I'd gone with my gut and withdrawn them right away last night after my decision against purchasing securities on there. self.fail(); I hope to get them back, but given the feel of things, I'm not counting on it. |
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Here's Avalon-ASIC's statement: who mentioned we are testing on main net? We are not.
I'd like to clarify however, during December chip demonstration, it will be on main net, and several well known pools, we shall reveal exactly how much hashing power and when, this will be public knowledge.
Source: http://www.reddit.com/r/Bitcoin/comments/10vmxa/avalon_asic_ama/c6h2pu2 |
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I hate to make a "me too" post, but...I find myself in the same boat. I'd love to invest some in ASICMiner, but after doing a bit of research on the current state of GLBSE, I don't feel comfortable taking on the (perceived) risk associated with holding shares on GLBSE.
+1 to the idea of allowing an alternate means of buying into ASICMiner, that's accessible for us small-timers not looking to buy 5000+ shares to become a board member.
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it gets so annoying when I am trying to answer PM's rapidly and knock them out of the way and the damn thing makes me wait 20 seconds between messages.
The forum site is kinda slow to respond for me too sometimes. I doubt running everything over https helps matters any. I would recommend opening a new browser tab for each PM reply. Then you can work on the next one right away while the previous one posts. |
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One interesting fact:
Russia is the only country I have encountered so far, (and yes I have shipped to countries on nearly every continent) where you cannot buy postage online for that country. It's the only country I have encountered where you have to physically go to the post office to buy the postage.
That's kind of odd. I sell a lot on eBay, and I've purchased quite a few prepaid First Class Intl mailing labels for orders going to Russia (using eBay's postage purchasing system). For me it works like any other country. I can purchase a prepaid label with an embedded CN22, but (as with all intl mailings) I am supposed to take it inside the post office to be "accepted" in person, rather than just dropping it in a mailbox. |
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The singles ended up using 4 times as much power per Megahash as BFL claimed they would initially. What's to stop that happening again?
I usually learn lessons the hard way, but once they are learned, they are not repeated. I hope it is the same with BFL. ... Actually ... This time they have to be at least 10x better than they were last time ... do people usually get that much better per iteration?  Before was 400% If this time they are 10x better at estimating, i.e. only 40%, then the 1.5kW becomes 2.1kW = 19.1A on 110V .........  |
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Did they ever say they wouldn't test on main net?
Thank "bob" cablepair (bASIC) said it, and I think ngzhang (Avalon) said it too, though I will have to go back and look to be sure. I suspect that when otherwise identical manufacturers compete, the ones who do main net testing will out-compete those who don't.
I hope to see the opposite happen, and will "vote with my monies" to help make it so. |
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The air in the house between you and the wiring creates a natural capacitor of so many picofarads. This is direct electric exposure of small amounts of current flowing directly through your body. There is no magnetic component involved.
Isn't almost all of the wiring in a house insulated from the air by the plastic jacket surrounding the conductors? I have had small black spots appearing all over my body
Pics of spots plz. |
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Test net in a box seems like the best way to do ASIC testing... who is testing on main net?
BFL. People got pissed when their "burnin" account kept popping up on eclipsemc, now inaba has control of 500Gh/s of FPGAs  ...aren't there still a lot of people waiting on their BFL FPGAs to be shipped to them? Are you saying there is 500Gh/s of them undergoing "burn in" while customers still sit empty handed? |
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We can type all day in this thread, but really we can't stop these companies from cheating us by mining BTC for themselves with OUR units, already paid for with OUR funds, if they choose to be so dishonorable as to do so.
We can only hope that the honest maker(s) ship(s) first, and vote with our monies when placing additional orders. And/or try to cancel orders with any companies who refuse to pledge not to mine main net with customer units.
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I agree with OP 110%
I don't care what anyone says.
It is wrong for ASIC manufacturers to FREE ROLL with OUR MONEY with a product they would not have been able to make if it wasn't for our 100% paid in full pre-order, when test net in a box is sufficient enough for testing.
Even if it's for only 24 hours, it is unacceptable.
I will not be ordering from any ASIC manufacturer that tests on the main net, and I hope most of the community adopts this stance.
Here here. Imagine if someone sold you all tickets to pick berries at the best berry patch in the state, but then when berry season came around, the ticket sellers went in the first week and picked all the best easiest berries for themselves, only letting all of you ticket holders in beginning the second week to fight over the few remaining small hard-to-reach berries in the middle of briars. |
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Yes please. Even though USD is the de facto yardstick for valuing BTC - it's a shame (and timewasting ) to use US-centric time abbreviations on such a global forum. Please consider using ISO 8601 date formats too. 10/03 is only unambiguous because March this year happens to have passed. If you'd said say 11/10 - I'd have been genuinely confused as to your meaning. C'mon people - Bitcoin is global. Some minor adjustments to parochial habits isn't that hard. I happen to be in the US, in the EDT time zone, and I would also like to see UTC used, and an unambiguous "global friendly" date format. |
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Isn't the BFL device 1.65kW? ... which also can pose problems for some with 110V ... since it's 15A ... well above 10A
I have yet to encounter a US house with outlet circuits rated for anything less than 15A. Maybe it's different in other parts of the world that run on 120V (or 110V). 1500W consumption seems to be the upper limit for commonly encountered 110V/120V devices, I guess because 15A is all the makers count on being available at an outlet. People wired for 220/240V power are at a definite advantage when it comes to being able to easily run higher wattage appliances. |
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I saw that the other day. It sounded kind of odd. Like a product in search of a market.
Their talk of equating clock speed with performance seemed somewhat odd.
I didn't see any mention of the instruction set used on the "workhorse" processor, only mention of a "supervisory" processor that runs ARM.
It will be neat if it turns into a whole new class of processor.
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