Phinneaus, did you notice that the page you linked was for the FPGA miners from two years ago, and has nothing to do with the ASIC preorder?
Question: where are you reading anything about FPGA? Answer: Right near the top of the link is "Pre-Order your BitForce SHA256 Single by filling out the form below." FTFY |
|
|
|
That should help get the backlog all cleared up in the next ~60 days I thought it was 33 days? Unbelievably, Josh had to move the date out to end of September, I am guessing they may have to push it out another couple of weeks past that though lol!  |
|
|
|
That should help get the backlog all cleared up in the next ~60 days |
|
|
|
Sue a Chinese company in China?
BitSyncom LLC 187 Wolf Road, Suite 101 Albany, NY 12205 USA |
|
|
|
Thanks so far for expressing you opinion people. Also this is a true story of me talking with the agent in Kansas. BFL could be violating "unfair and deceptive trade practice laws". Again I am the only one calling to say this. Just from the poll alone its starting to prove my point that many of us are disgruntled with our purchase. So if you were denied a refund and want a refund I recommend fighting this with me.
No harm in informing the FTC as well. There is a chance good BF Labs has been reported to the FTC but as you know the more complaints they get the better it is (unless your BFL!). It certainly appears as if BF Labs is breaking FTC mail order regulations. https://bitcointalk.org/index.php?topic=247310.0IC3 may also be interested in hearing from you as well. https://www.ic3.gov/default.aspx |
|
|
|
... what did they do for the other 50 work days?  Hookers and Blow? |
|
|
|
None of this negates the fact that if you show up in china with a lawsuit over this you will get more laughs then results. What a waste of time and money. The fact that I realize this does not make me a doormat. It make me practical. I have no power to enforce Avalons shipping dates and the sooner I realize that and move on the better. I need to focus my energy on things I have control over now.
Hypothetically speaking, why would you go to China with a lawsuit? https://bitcointalk.org/index.php?topic=157856.msg2594647#msg2594647 |
|
|
|
|
IF the American gov't feels like it wants to go after BTC it will happen at the federal (and state) level and will be fought using new laws (the most harmful I can think of off the top of my head would be to make it illegal to process any transaction involving a digital currency i.e btc to fiat) not some silly idea of covertly 51% attacking the network...
|
|
|
|
ASICMIner makes something like 720,000$ per day, yes?
No |
|
|
|
|
Hookers and Blow? j/k
Time, it's a powerful healer, and honestly don't do anything stupid like look to a substance to help you.
|
|
|
|
The statement was that we did not refund preorders. We did. We are no longer taking pre-orders and we are not refunding orders that are currently in the queue, that's correct.
It was stated multiple times that all sales are final when you ordered. What part of that were you unable to understand? We can't be responsible for your lack of reading comprehension or ability to understand simple English sentences. Sorry for your reading disability, perhaps next time you should get someone to explain what terms and conditions mean to you before placing and order. Now put on your big boy pants and accept responsibility for your actions instead of whining to me why you are unable to function in normal society and you should be a special case.
Is it really that I'm the one with a learning disability? Right on your site, as of today 7/17/2013@1:59pm EST, your website's home page has a big "PRE-ORDER NOW" button plastered across it. You sir, are a moron, and I couldn't thank you enough for your efforts here as every time you post, you simply make your true self known. You hide behind insults because you have no real information or facts, else you would be giving them. Instead you choose to throw around insults like a child. |
|
|
|
... This is why we no longer give a shit about this forum; Everyone here is monumental assholes, no matter how accommodating one tries to be. That is the vital info that is concerning me. If the employees have large hashrate positions of their own, then it would be in their best interest to not ship orders until China takes the difficulty through the roof. Does this help? https://bitcointalk.org/index.php?topic=89902.0 |
|
|
|
They were probably keeping track of the USD equivalent for tax purposes. Businesses with the amount of money they were getting from preorders would have to keep record of it, otherwise they'd get screwed by the tax man pretty quickly.
But then again who knows with the way they run their operation. It would be funny to see BFL try to treat the IRS like its customers. Welcome to audit land. A person would have to be a retarded, incompetent, half wit bully, cock sucking dickhead to try and deal with the IRS like that... I think a few of the BFL folks fit this description and so it's not a totally out of the realm scenario!!!! |
|
|
|
I thought the point was that BFL claimed capacity to deliver. $, BTC, or any other form of payment should not be "cashed out" to be "spent", else the thing turns into a ponzi scheme and they can't pay everyone.
They are appealing to customers that don't exist yet at the expense of everyone else, using stupid excuses, (often the same excuse over and over), to "justify" the delay of shipment, with assertive self-righteous standing that they aren't responsible for your delay in satisfaction. Do you guys remember when BFL were going into detail about how they were going to "future-proof" their asics? What does that mean standing next to the notion that "BTC is gambling, our stuff could be garbage tomorrow, no refunds"?
Seriously, you maybe hashing right now... But what you paid for was an experience to be had last year. If that had happened, you would not be here trying to defend BFL, as well as yourself for settling for "kind of shitty". You'd be out on the country side sharing the gospel of btc, with your fancy sportcar, meanwhile plunging money into stocks for infinite power engines.
Just saying... A lot has changed, and the original product sold was not the product delivered, and for 98% that isn't even the case yet.
I'll grant you that. But it doesn't make BFL a scam. People were still able to get a refund at any time if they weren't satisfied with BFL's progress. Also, if you pay from another country, and your warranted a refund, the money you get back, is your own currency, and for the same amount.
The money you get back is your own currency, but NOT the same amount. It is whatever amount makes up the same purchasing value at the time of purchase. Someone who pre-ordered one of Tom's ASIC's (forgot what they were even called at this point) and paid with Euros on a credit card was actually refunded a slightly different amount, based on the latest exchange rate. And it was a refund amount dictated by the credit card company, not by Tom, because it was a charge-back. This just further proves the point that businesses generally consider the listed purchase price to be the price of the product, irrelevant of how other currencies might fluctuate against it. It appears as though PayPal has a different policy and that they use conversion rate at time of purchase, so there is precedent for this type of refund. Paypal currency conversion policy: https://www.paypal.com/helpcenter/main.jsp;jsessionid=rV0JKsnTq3Z197277Pg2sQ4mJ1HJWQ5xpxnJnzGxvW9J1FhW03yL!-1588418?t=solutionTab&ft=homeTab&ps&solutionId=163394&locale=en_GB&_dyncharset=UTF-8&countrycode=GB&cmd=_help&serverInstance=9012 Refunds are performed using the exchange rate which was current at the time of the original payment. I don't think paypal does this out of the kindness of their hearts, I wonder if it's a legal requirement and I would be curious to see an official credit card companies policy rather than your claim that is how CC companies work (I am by no means saying they don't do it, I would personally just like to see something from a CC company to have it validated). This thread had a somewhat interesting derail on this topic. https://bitcointalk.org/index.php?topic=236794.msg2542356#msg2542356 |
|
|
|
Maybe CS has a similar attitude towards forum members as their COO does. ... This is why we no longer give a shit about this forum; Everyone here is monumental assholes, no matter how accommodating one tries to be.
|
|
|
|
BFL are not claiming they have shipped 90 Th/s in the past 10 working days. You are the one making that claim. BFL claimed they could ship 400+ units per day (400 Jalapenos + whatever else they could build). I haven't seen any claim that they are actually shipping that amount at the moment. Those numbers are not unrealistic, so if they're not hitting them (which certainly seems to be the case), that suggests that they have a problem with supply of components or are too stingy to hire the necessary labour force.
So, did you actually read the article linked in the OP? Is the author lying? “We’re shipping about 300 units a day, but we’d like to be doing more”, Butterfly Labs Chief Operating Officer Josh Zerlan tells me. http://www.coindesk.com/inside-butterfly-labs-the-challenges-of-producing-bitcoin-mining-hardware/ |
|
|
|
|
Look at it this way.
Basically when you purchase a miner you are looking to acquire BTC and make a profit (unless you're just here to secure the network) the two best options for that are buy it off an exchange or buy hardware and mine it.
When you purchase hardware that has one single purpose (to mine BTC LDO) you need to compare what it costs (in BTC) and then project how many coins the unit will generate. If you pay 1 BTC (or the equivalent USD) for a miner and you estimate the unit will produce 1.1 BTC (or more) you have made a profitable purchase. If your estimation has the unit only returning .99 BTC (or less) you have "lost" money on the purchase as it would have better to hold the BTC rather than use them to buy the miner as you would have at the end more BTC by holding, 1>.99 LDO.
The number of units you have does not change profitability (it just changes how much overall profit you end up making not the % per device), buying more miners with BTC generated from existing hardware similarly doesn't change the profitability of each unit. The factors to consider are $/GH/s, delivery (more importantly the difficulty at time of delivery) and what you personally speculate difficulty rise to be. That is the speculative part and that is the reason why so many people have differing opinions on what a good $/GH/s ratio is.
I will say in my personal opinion there is not a currently for sale USB miner that can even come close to producing as many BTC as it will cost to purchase it, but that is my own personal opinion based on my estimation of difficulty on delivery and difficulty rise expected in the coming months.
|
|
|
|
It's that, or getting a time machine, and I haven't seen any of those around yet.  My new company BF & L's Excellent Adventure is currently taking full payment pre-orders for time machines, delivery in "2 months or more" don't miss out on your chance!!!!!!!!!! |
|
|
|
|
Show Posts
