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One tab open, host file modified, incognito used.
...cannot connect. If I cannot reliably access my account because they're in love with some new self promoted alt coin, then hello vircurex and bye-bye dummies.
Hmm...those VCX shares are looking a lot more attractive suddenly.
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Is it possible to your way of thinking Spike that BFL could eventually ship AND be a scam?
This is a sincere question btw, you seem a likable enough fella, I'm just curious.
I simply cannot rectify their excuses as they do not add up for me. I believe they had nothing done when they began taking orders, never had the ability to ship in 2012, and have unfairly disadvantaged both FPGA vendors and competing ASIC vendors with their dishonesty.
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Been down for about an hour...still down.  |
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Estimated...right. Measured readings vs theory. ...and how do you buy a product from ASICMiner? ...exactly?
I have ASICMiner shares btw, nothing against them, I just don't understand this Avalon is crap...crap.
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Meh. Well February is a shortened month so that's a scant 14 days to pick up another 17%. Seems like a coin toss at this point, I'd not bet either way, but good luck.
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He took your money and fled.
Not really, they are working their ass off to keep their promise and ship 300 units of batch #1 this month. So naturally you must know something that the rest of us don't? Perhaps he recognizes that Avalon is the only company to ship any ASIC products at all? Perhaps he perceives that they've done this in 1/2 the time the "market leader" has been developing their vaporware? Perhaps. Speaking of vaporware, how's mining going with the other 298 Avalon units from Batch #1? I've no idea. I imagine we'll have a clearer picture on those remaining units when their shipping deadline is actually reached. |
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Excellent post as usual Teal tx.
It may be some while yet before we have real power consumption numbers from ASICMiner or BFL and until then Avalon is at a perceptual disadvantage due to being compared to theoretical numbers. Time will tell I guess.
Avalon is know for having inferior hardware. I wouldn't say badly designed, just older crappier tech. Even assuming that it isn't some sort of scam I don't see how they'll be able to take their small scale operation and grow it into making cutting edge product without taking venture capital. It really doesn't matter if we talk in exact power consumed at the wall or in hypothetical power numbers when it comes to comparing 110nm to smaller silicon the smaller is always going to result much less power consumption. It's just physics. I'm not following. Avalon has shipped the most advanced mining device to ever hash the blockchain. Who are they inferior to? The only other working ASICs belong to ASICMiner and they're built on 130nm tech. Plus they're not shipping. |
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You are. This is not about delivering in a certain timeframe. This about about BFL being a scam.
100 BTC that BFL will deliver ASICs. I only put the 2013 timeframe on there so there's a definitive endpoint to the bet, even though it will be over long before then. YOU are the one that is unwilling to make a wager, you want to add caveats and escape clauses, not me. I want a simple wager:
100 BTC says BFL will deliver ASICs in 2013. Simple, easy and to the point. The fact that you won't bet any significant amount to back up your claim is a giant sign above your head screaming that you are lying. You won't make the bet though, because you know you will lose. So your statements about BFL being a scam are a lie, which makes Bryan Micon a liar. If you're so confident then take the bet for mid march. Holy sh1t man that's 5 months after your original shipping date. Surely you can guarantee that?!? |
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He took your money and fled.
Not really, they are working their ass off to keep their promise and ship 300 units of batch #1 this month. So naturally you must know something that the rest of us don't? Perhaps he recognizes that Avalon is the only company to ship any ASIC products at all? Perhaps he perceives that they've done this in 1/2 the time the "market leader" has been developing their vaporware? |
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The silly thing is, we're already at a new all time high in market cap and every penny upward just increases it. This has happened while adam has been trying without any success to talk the price lower.  $32 is meaningless, BTC is already worth more than it was then. |
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No, you were offered a 1000 BTC bet and you turned it down. I will offer you the same bet:
2000 BTC that BFL will ship a working ASIC to 5 customers (or more) in 2013. Simple and to the point. Are you serious? Holy crap man, talk about padding. What is that 18 months from the time you guys opened your pre-order window? How would BFL survive insolvency or legal attack for that long if they continued this unbroken streak of incompetence lies? |
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I believe both BFL's and ASICMiner's time tables for deployment have always been ahead of Avalon as was BTCFPGA's timeline until they folded.
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... Now let's see if Obama starts legislating against guns... already is!  Yes, because we don't need guns. The police will keep us safe.  They can have my guns. They'll have to be pried from my cold dead fingers though. |
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Haha by the end of the month is the only thing Bryan Micon, the "professional poker player" is willing to wager now. From "It's definitely a scam! No doubt about it!" to "Well, by the end of the month." in the span of a month. Wrong answer. How about... "As COO of said company I personally guarantee that we'll ship by the end of the month and as such I accept your bet sir." |
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limited supply + increasing demand = price increase
Supply = 3600 BTC/day regardless of the $$$ chasing them. The math is actually rather simple.
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it all comes down to. is bitcoin useful / how useful
doesn't matter what speculation does to the price, if bitcoin is not useful its not worth anything...
if we wake up and find that we've had a 51% attack and will require a year for the blockchain to "catch up" as huge sums of double spend bitcoin start to vanish!
just how useful will bitcoin be then?
You ought to start thinking in the other direction. Bitcoin is useful. Very useful. If it gets up into the area of real companies, we are talking the bicoin network being $100 billion (hell ebay is $75bil, visa $100bil+, apple has $100bil in cash on hand, etc) So what is $100bil divided by 21mil coins? How rapidly would the price of a bitcoin need to double for us to make it there in 3 years? how about a year and a half? Social media spreads awesomeness like wildfire and bitcoin is spreading from the geeks and early adopters to the sneezers ... the sneezers will take us over that tipping point. yes i agree! but we've had a 51% attack b4, and it can happen again ( everything that can go wrong WILL go wrong)... for all we know its happening now, no way to know... don't dismiss this so fast, their will always be the die hard fans tho, and the blockchain will eventually recover, but so much damage will have been done and theirs no stopping this from happening again... infact if price starts to drop hash rate will drop to making it even easy to do this 51% attack... the protocol isn't as robust as they would like you to believe!  Umm...so you're saying there's risk? Is there risk in storing wealth in fiat? PMs? Commodities? Where can I store my wealth that maximizes liquidity & stability, and totally eliminates risk? Don't worry I won't hold my breath in anticipation of your answer. I'm just pissed off because i sold on BOTH bear traps.... Put a sign next to your computer to remind you why you got into BTCs to begin with. Fiat sucks, so dumping BTC to obtain more of it should have a purpose other than "BTC has gone up and is due to drop relative to fiat." There's never been anything like BTC before. |
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That's the Interwebz! A massive room in which everybody inexplicable believes they're undoubtedly the smartest person. |
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Has anything ever gone well for a BFL timeline?
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They said they'd have em all shipped by March 1st, we'll hafta wait and see. Compared to their competition they're practically godlike thus far.
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