What are you talking about? They did fuck up.
They just didn't fuck up nearly as bad as BFL. ('BFL Fuck'ed is a different league of it's own.)
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Personally, I think you are stupid and can't do math if you bought chips with a 100-day delay. Doing a little bit of math would have told you that profitability was iffy.
The same applies to BFL chips which were priced the same per GH/s. Why do you think no one is jumping for joy now that BFL is shipping (on time) for once in it's short lived life? (Some folks are busy hawking their BFL chips to open manufactures as we speak to get rid of them.)
People like you and Batch 3 customers must have known the immense risk of buying hardware at too high a price with a very long lead time. If you didn't then you just had terrible luck. (though I think it was the incapacity to do math)
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Even back then I let people know [rather openly] it was a terrible price point and wasn't willing to go and buy it myself (@ that price). (either the chips or the hardware of batch 3 at the newer price point)
I hate to see people get fucked (honestly, I do) but in your case, I don't really mind. You did deserve to lose your BTC/Cash after you gambled the way you did.
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In either case, you have given Yifu (or someone else) a tremendous investment which people like me hedged would push them forward into the future. Apparently they are taking that investment and going forward with a slew of designs from gen 2 to 4.
So if you still have enough money/BTC to continue, then I hope to see you in the next gen. If not, then thank you for securing the network with your Avalon purchase.
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yes he did.
Now that I have your attention for one moment, How do you feel going forward with gen 2 Avalons? Is it a healthy and competitive product offering? I am just trying to drum up some sales. Edit: By the way, I noticed that the modules are extremely close together and the 2 module version is facing away from each other....? Is that a new heatsink design?
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For the record, this man send me a wire FEBRUARY of 2013... FOR A BATCH 1 ORDER. After he told me his order number I wondered who is paying this guy to shill me out, because I've looked into this before. Alas I looked all my records and found it.
Now I wait for for him to make a decision on wire refund / bitcoin refund.
CASE CLOSED.
Aren't you mixing this up with Anti76's sob story? nope, Anti76 sent his wire in Jan. This is another wire made on the Feb 11, or 13th, I forgot which. To be honest I am at fault here, but really I didn't think to check for wires that late since I gone through my 2012 wires multiple times (for anti76 and others ) and did not find his originally so I dismissed it. Holy shit, someone had bigger balls than Anti76? Unbelievable.... (By the way, did Anti76 ever get his hardware?)
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YiFuck needs the "SCAMMER" tag.
At least give the man a cool name, Like Yi'Fu'koo(l) or Y'I Fuck'U?
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I am a total Avalon fan, so while I can't say I am happy about alot of people getting screwed on their chip orders. I hope Yifu finds a way to turn it around and make a recovery for the company.
I hope their 55nm parts can be competitive enough that they won't have to worry about the 28nm parts coming out soon.
Lets hope alot of the open manufacturers pick up the Avalon line after the chip debacle.
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Just got a new newsletter from BitSyncom Avalon turns One years oldWhat a roller coaster ride it has beenWe went from the last to enter the ASIC mining market crowd-funded by the community to the first to shipping a consumer product in little over 4 month. On this journey, many mistakes were made, tons of things were learned and we will continue to grow as one of the groups to keep mining decentralized and support the DIY community. Those are our goals. In the up coming week we will doing a clearance sale on the refunded chips as well as some mining units and modules to close generation one and move on to a pre-sale-less generation two of the Avalon Project. Stay tuned as many more exciting news will be announced in the coming week. Copyright © 2013 BitSyncom LLC, All rights reserved. TL;DR Even though we haven't replied to any emails/phone calls/tickets or anything at all, we're about to launch our sale and also gen 2 chips (stock in hand). Please send us more money soon and pray that we don't do a runner/hide again. We still don't have a dedicated customer support team but please, don't take notice of that. Oh and about your FPGAs... ha ha he he! Fool me once, shame on you; fool me twice, shame on me @Mr B Any comments on this? Any plans to buy up a batch of gen 2 in the next week? If these chips (gen 2) proves to be "market ready" and viable...can I place an order for a gen 2 unit? How quickly can you guys turn gen 2 chips into a fully working unit? What price point would you be looking at? (considering only the chips are changing)
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congrats on your business model ! this is what we want, IN STOCK !
Actually, while I love their design and the changes they made (very interesting).... I am pretty sure what they are doing is selling off Avalon (modded) clones that they no longer want. I haven't yet read past the first page but that is what it looks like to me. 1) They had a mining farm. 2) They seem to be liquidating the mining farm for BTC. @ 15 BTC per machine While not a terrible deal, the units are just about to become unprofitable. So the question that pops into my mind is not how "do I buy it" (through their auction). But...are there any plans to insert some Gen2 chips into their modded version and ship it to customers? If they are indeed liquidating a farm, then they should be upfront about it. (Meaning these are all used)
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Contact someone @ phishing@commercebank.com. Ask them about how to report (what you suspect is fraud) at commerce bank. 1) Tell them you paid for an item 1 (or more) months ago and you have not received the item you paid for. 2) Tell them you paid with a wire transfer (for those who paid with a wire transfer only) and that BFL has not sent you the miner you paid for within a [very] reasonable period of time. 3) Add notes about your transaction ID, dates, amounts sent, purpose for contacting them about your wire transfer. Let them know you have already contacted BFL and they have refused offering a refund for their poor business practice. 4) Let them know about the PayPal merchant account situation and that it was one of the Payment Processors that shut them down for ....well I don't know the official reason... 5) Let them know of the sheer number of complaints at the Kansas AG (Attorney General), the Local Police Department and District Attorney has on file. Report back and let the community know if they give you an email or phone number which is not listed.
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Have you not received what you have paid for from Butterfly Labs? As you've probably seen in the thread most, if not all requests are being rejected at this point but feel free to give it a shot. The two email addresses below are for a paypal exec and exec escalation team that you can reach out to that has resulted in getting quite a few of us refunds. Email: david.marcus@paypal.com AND executiveoffice@paypal.comMake sure you explain the situation with BFL talking about their missed ship dates, still cannot provide ship dates and will not provide a refund although they have not shipped the product, etc. Also include the information about your PayPal transaction and a phone number you can be reached at. Feel free to hit me up if you have any questions. PLEASE shoot me a PM or post in this thread if you have received a refund so we can keep track!# Bitcointalk Users Who Have Received Refunds: 97 (that I am aware of) If you have obtained a refund with this information and wish to tip it is appreciated (but of course not required) and I thank you in advance. Addresses can be found in my signature or you can shoot me a PM. Please Note: This is a self-moderated thread. I will remove any posts I feel are off topic or uncalled for as requested by the mod. Thank you I got my refund. What process did you use?
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"Should you have a PayPal problem that needs decision making authority, these are the persons you can contact directly. Each one of these persons has the power to review your account, unlimit your account or arrange for your money to be returned to you.
PayPal Office of Executive Escalations:
1-402-935-2269 (Michelle, Executive Escalations)
1-402-935-2116 (Elizabeth Morey, Supervisor, Executive Escalations)
1-402-935-2172 (Adam Braasch, Senior Agent)
1-402-935-2268 (Beth Beutler, Senior Agent)
1-402-935-2174 (Jackie Hart, Senior Agent)
1-402-952-8951 (Michael Lazure, Senior Agent)
1-402-935-5073 (Stephanie Mikovec, Senior Agent)
1-402-935-2331 (Tara Stevens, Senior Agent)"
Only Tara, Adam and Michael worked for me. Hopefully something good comes out of those phone calls. Thanks What did they say to you? What was their tone and what did you say to them?
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So annoyed by Josh's bullshit. He doesn't even know what a hedge is. You invest in something and you reduce the risk of that investment by betting that the value might go down by purchasing another financial instrument. ie. you buy two things. Typically you'd invest in an equity and then put a short option on the same equity, so that you minimise your losses either way.
If I was hedging on the bitcoin price I'd buy Bitcoins and also buy an option on the price going down. In what way is putting my money into BFL's bank account for a year reducing my risk on the movement of the price of bitcoin? If I get a refund I still haven't made any money on Bitcoin because I didn't have any Bitcoin because BFL had my money!!!
Josh is a stupid asshole who thinks he's cleverer than he is. It's annoying me that he is annoying me :-)
The only "hedging" that could be done would have the same effect as selling bitcoin at the time the order is placed and buying them back later when you requested a refund. This would only apply if you are paying in bitcoin. If people were actually placing orders to do this I would be surprised as you could have the same result by trading on an exchange. I do believe it has already happened. I wonder how many people hedged their investment by selling their pre-order via whatever means, then turned around and somehow got a refund for the order, still unbeknown to the person awaiting their miner. The original pre-orderer can stall for a long time--prior to going dark--by claiming there's some sort of snafu over at Camp BFL, and will ship as soon as received themselves, going as far as stating that they'll even toss them a bone of some sort.
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I second the request to change the title. Actually it states the very opposite. Should it be reported to the mods?
Sorry CoinTerra, nothing against you, but we are seeing too many false promises in the ASICs era.
Already reported to mods for a title change.
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"Should you have a PayPal problem that needs decision making authority, these are the persons you can contact directly. Each one of these persons has the power to review your account, unlimit your account or arrange for your money to be returned to you.
PayPal Office of Executive Escalations:
1-402-935-2269 (Michelle, Executive Escalations)
1-402-935-2116 (Elizabeth Morey, Supervisor, Executive Escalations)
1-402-935-2172 (Adam Braasch, Senior Agent)
1-402-935-2268 (Beth Beutler, Senior Agent)
1-402-935-2174 (Jackie Hart, Senior Agent)
1-402-952-8951 (Michael Lazure, Senior Agent)
1-402-935-5073 (Stephanie Mikovec, Senior Agent)
1-402-935-2331 (Tara Stevens, Senior Agent)"
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I like BFL,
The reasons are many, Mainly because they sent their hardware late, I like them because they hire a crazy PR guy. They kept me profitable during Avalons reign, Their lies keep me laughing all day long. Their customers going crazy entertain me in the morning. They have a no refund policy and trapped all their customers with them. I would sing praises, because I like BFL as a shrewd competitor to all other miners.
Did I mention they delay their customers forever? You can't pay for that kind of service.... BFL_Josh is a closet Avalon Monkey!
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Any positive/good reports on BFL please Only leave Positive/good comments please !) You might want to make this a self moderated thread.
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Yes. Especially those that will mine with it for 30 days, then chargeback via PayPal claiming the device is "significantly not as described", and return it. You, as the seller, are SOL... Been here, done this.
Bingo, it is a PayPal screw-athon.
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Still thinking about how to proceed...with BFL not doing business with PayPal anymore I'm not sure what more there is that can be done besides going the legal route...
It sounds like a lot of people are no longer receiving responses, unfortunately there's not much I can do about that. Let's wait another day or so and see what happens.
I think one the following might have happened. A) The rep's at the office have a refund quota per a specific period of time. (A week? A month?) It was probably exceeded by funneling too many refunds at once. B) The Paypal account that was frozen had limited funds and they have been exhausted plus whatever PayPal quota they have for issuing refunds on a specific merchant account. C) Paypal has probably begun legal actions against BFL and is trying to recover a large sum of money. D) You overworked the rep to death, and he just quit responding. E) The rep is answering emails, just too damn many to get through in such a short period of time. (More time is required) F) BFL figured out a way to screw PayPal?
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