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1981  Economy / Scam Accusations / Re: Open letter to Theymos regarding Butterfly Labs (BFL) on: June 20, 2013, 09:16:52 PM
So I put a thread up in the custom hardware section with his lovely quote and it was deleted.  Did I do something wrong?  How come it was deleted, anyone know?
1982  Bitcoin / Hardware / Re: Recieved 50GH BFL Single Today! on: June 20, 2013, 07:57:05 PM
I understand if you didn't have time to talk to your lawyer yet
I understood that BFL lawyer is too busy talking with other customer lawyers.

Not to put too fine a point on it, but it appears (so far) that "BFL lawyer" is too busy ignoring customer lawyers and demand letters, and looking to create more problems for themselves Sad

 To my understanding, the system frowns upon ignoring efforts to reconcile a dispute, prior to attending court.


EDIT: Official response received through my attorney this aft. Ceasing discussing anything related to Butterfly Labs or Josh while the next stage of this dispute is being worked through. Thanks for the support everyone.

Good luck Xian01 I really this works out for you (and consequently not BFL!!).  I also hope if you do happen to settle before going to court that you don't accept a "gag order" type settlement, I think there are a great many people that would benefit and be very interested in how this turns out.
1983  Bitcoin / Mining speculation / Re: [POLL] Should Butterfly Labs (BFL) get a Scammer tag? on: June 20, 2013, 04:12:18 AM
Read the conversation between Inaba and Garr255:

https://bitcointalk.org/index.php?topic=236794.80

In order for me to keep my pre-orders Josh is making me do the following:



I Found this one pretty wild too!

Wonder if some of the fellows around here might like as a signature LOL!!

Everyone here is monumental assholes
1984  Economy / Scam Accusations / Re: Should Frizz23 get a scammer tag? on: June 19, 2013, 10:06:24 PM
Scammer  how?

TL:DR,

He's trying to get people to cancel their orders so he can move up in the order book / cost BFL money for not delivering on time.

Wait, what! I voted no, now want to change my vote in light of this revelation. This means I'd have to fired up two sockpuppets to vote yes to be at the position I desire, but too tired to do it, so I'm calling it a Vite.  Grin

No need to worry PG, BFL has enough sock puppet accounts to counter your erroneous mistake!   Wink
1985  Economy / Scam Accusations / Re: Should Frizz23 get a scammer tag? on: June 19, 2013, 10:03:31 PM
So a company with a convicted felon as the CEO (IIRC) who took full payment pre-orders in the millions of dollars with 10's of thousands of orders that at best was lead by a bunch ignorant, bumbling, incompetent mental halfwits (which would have to be the case if they weren't lying IMO) and at worst an outright scam (or anywhere in between as the debates have shown), that is also ~9 months late on delivery doesn't deserve a scammer tag but somehow you think that one of the vocal critics should get one because he has an order he won't cancel?  It's pretty well known he has an order it's not like you have brought some smoking gun here.

So to that I have to say my hats off and all the best wishes to the Frizz and the entire BFL clown pose, please keep up the good work boys
1986  Bitcoin / Hardware / Re: Is Avalon mining with customer hardware? Answer is here. on: June 19, 2013, 01:42:00 AM
By that argument, should the 100BTC batch 3 customers go before the 75BTC Batch 2?  Clearly that doesn't make sense.
The 75BTC batch#2 was paid 2 weeks before 55BTC batch#2.

If that is true and have no reason to doubt you - I can only assume the price difference was down to the change in Dollar BTC price. So in essence everyone has paid the same.

When you purchase hardware with BTC and it has one single purpose to mine BTC LDO, you can ignore the exchange rate as the only way of assessing ROI is by measuring ROI in BTC the device will produce.  ie if it produces less BTC than you spent you should have held on to the BTC as it would have netted you more profit, if it produces more BTC you've made a good purchase and netted more profit than holding.  This is what these guys are complaining about and that is why you can ignore the exchange rate.

I totally agree with both you guys - if they were charging in BTC they should honour it.  Otherwise what is the point of BTC it then might as well be called Dollar Mk 2.

Avalon has only ever accepted BTC (at least for their ASICS, not sure about their FPGA's) as payment AFAIK.
1987  Bitcoin / Hardware / Re: Is Avalon mining with customer hardware? Answer is here. on: June 19, 2013, 01:32:38 AM
By that argument, should the 100BTC batch 3 customers go before the 75BTC Batch 2?  Clearly that doesn't make sense.
The 75BTC batch#2 was paid 2 weeks before 55BTC batch#2.

If that is true and have no reason to doubt you - I can only assume the price difference was down to the change in Dollar BTC price. So in essence everyone has paid the same.

When you purchase hardware with BTC and it has one single purpose to mine BTC LDO, you can ignore the exchange rate as the only way of assessing ROI is by measuring ROI in BTC the device will produce.  ie if it produces less BTC than you spent you should have held on to the BTC as it would have netted you more profit, if it produces more BTC you've made a good purchase and netted more profit than holding.  This is what these guys are complaining about and that is why you can ignore the exchange rate.
1988  Bitcoin / Hardware / Re: Is Avalon mining with customer hardware? Answer is here. on: June 18, 2013, 11:04:06 PM
This is pathetic.  If you're still able to retrieve your nose, I'd recommend it.  I'm not saying you need to attack them, I'm still of the opinion that what they are fairly honest.  Hold them responsible for their promises though.

I don't feel a promise has been broken.  Never have.

I placed an order, knowing that it was risky, including delivery time.  I fully expected the delivery schedule to slip.  And all signs are that he's busting his butt to get work done.  That's cool by me.

I know stuff happens, and I would much rather have a business relationship with an ethical, smart, hard-working person who isn't on the forums all the time, than someone who is unethical, not smart, or lazy.

So far, Yifu has earned the benefit of the doubt, and I don't feel the least bit let down.   When it comes, it comes.

Buddy I envy your tolerance but the issue is this - it's not a playstaion its a business tool.

People invest based on what return they are going to get - nothing more nothing less.

Let me give you an example - my company builds out data centres - when asked on project time scales we have to deliver in the time we say - because they factor that into the equation of how quickly they can go live with their infrastructure and hence how quickly they can turn a profit.

If we say 3 months and then we take 9 months. Number 1 we would have the living shit sued out of us because they would be unable to make their projected profits and possibly not have the capital to sit around for six months scratching their nuts. If we had told them 9 months at the start they may have never ventured down that road. On top of that - if their business was time sensitive i.e. the longer it takes to get to the market the total they could earn diminishes it would be catastrophic.

This is exactly the case for the ASIC miners. None of the companies have behaved in what would be considered a professional manner in any other industry and this is fact. I will say though in Avalon's defence  they are by far the best of bad bunch.

Absolutely agree with the bolded.  And to further your analogy I am assuming your company doesn't get 100% payment for the job before you do a single fucking thing LOL at best I am sure you get a small deposit and possibly a substantial payment on substantial completion (if your lucky and the deal was structured like that).  If the BTC world isn't the modern wild west ATM then I don't know what is!
1989  Bitcoin / Hardware / Re: Is Avalon mining with customer hardware? Answer is here. on: June 18, 2013, 10:01:53 PM
You guys are funny,

Dont bother fcking complaining because at the time of ordering your batch2 and batch 3, you accepted no QUESTIONs term.

Disclosure: I don't have any pre-order or interests related to avalon hardware. I don't think I am the only one in this thread. Still I do "fcking complain", as you say.
Being in the BTC world does not give right to a company to behave like an ass-hole, or worse, to behave illegaly. And being a BTC customer does not mean you should behave like a sheep, not rising something you consider a very serious problem.


Buddy you may not like it  but welcome to Deadwood, gonna be like this for a while in the BTC world IMO.  The market gave these companies the power to behave like assholes, operate like sketchy/shoddy organizations (possible illegal?)...  LOL Avalon even basically had a LOL FUCK YOU type term (ie no bullshit iirc was how they actually termed it on the website...).  And they seemingly see customers as an annoyance. Miners are still doing it this second (KnC, Bitfury etc).  The power is the coins and the consumers have them, once the companies have them out of your wallet and into theirs you become so much less important.  The consumers have the power they just choose not to use it.  I have and I will not be buying ASIC hardware for quite a while if ever because I prefer to deal with legitimate professional organizations of which there are currently exactly 0 IMO (at least according to my criteria anyways).

I disagree there is a huge opportunity for a legitimate business here. Yifu maybe young, but I sincerely hope he is not greedy, or naive, because he may well be turning his nose up at a genuine once in a lifetime business opportunity right in front of him. Integrity is everything...

Oh I agree that there is a HUGE opp for a legitimate company. I think a real company could do phenomenal (seeing as the shoddy ones are cleaning up a good one should conceivably be able to do even better).  I just don't see one ATM or in the near future (based on my personal criteria).  The reason I don't see one is because the market is not demanding it, if they did we would almost undoubtedly have one already or in the near future at least.  Until companies are no longer able to get interest free, low risk OPM it makes very little sense (business wise) to do anything differently, thus my expectation it will continue for a while.
1990  Bitcoin / Hardware / Re: Is Avalon mining with customer hardware? Answer is here. on: June 18, 2013, 09:16:59 PM
You guys are funny,

Dont bother fcking complaining because at the time of ordering your batch2 and batch 3, you accepted no QUESTIONs term.

Disclosure: I don't have any pre-order or interests related to avalon hardware. I don't think I am the only one in this thread. Still I do "fcking complain", as you say.
Being in the BTC world does not give right to a company to behave like an ass-hole, or worse, to behave illegaly. And being a BTC customer does not mean you should behave like a sheep, not rising something you consider a very serious problem.


Buddy you may not like it  but welcome to Deadwood, gonna be like this for a while in the BTC world IMO.  The market gave these companies the power to behave like assholes, operate like sketchy/shoddy organizations (possible illegal?)...  LOL Avalon even basically had a LOL FUCK YOU type term (ie no bullshit iirc was how they actually termed it on the website...).  And they seemingly see customers as an annoyance. Miners are still doing it this second (KnC, Bitfury etc).  The power is the coins and the consumers have them, once the companies have them out of your wallet and into theirs you become so much less important.  The consumers have the power they just choose not to use it.  I have and I will not be buying ASIC hardware for quite a while if ever because I prefer to deal with legitimate professional organizations of which there are currently exactly 0 IMO (at least according to my criteria anyways).
1991  Economy / Digital goods / Re: [UPDATED WTS] - BIOSHOCK INFINITE AND CRYSIS 3 GAME COUPON (STEAM) on: June 16, 2013, 03:50:04 PM
Edit/Update:  Two more coupons available, asking 0.1 BTC or 5 LTC
1992  Bitcoin / Hardware / Re: [Closed] Black Arrow's Avalon on: June 16, 2013, 11:37:17 AM
This is what you have with ASIC.

You either mine yourself, or you sell the hardware at more than you will get by mining. Doing otherwise has no sense from a business perspective.

The only way for customers to be offered competitively priced units that allow ROI is to be "investors" when the manufacturer hasnt got the funds and needs to gather money through preorders. If the vendor has the money to develop the units by himself, he would either mine or sell them for more than those machine will mine. It's pure logic.

Guys, ASIC mining is a very special beast by itself. The company that offers to their customers immediately available money printing machines that guarantee ROI does not exist, and will never exist.

I think you've pretty much nailed it there (and the math appears to support it lol)!
1993  Bitcoin / Mining speculation / Re: buying asic even worth it? on: June 16, 2013, 11:26:03 AM
I think people should stop buying asics for now until they can actually have something ready to deliver with better prices
otherwise you are just funding the mining operation for those guys

+1, these interest free loans where the customer shoulders most of the risk and the company makes a metric fuck ton of profit is bullshit and getting old real fast.  You want capitol to start your business or project get INVESTORS or a business LOAN, quit calling the, pre-order customers FFS.  I mean for the love of fucking christ they are not even offering deposits with completed payment when shipping is happening they demand full payment pre-order.

But on the flip side people keep throwing money at these guys what are they supposed to do?  From a business POV miners are a wet dream come true, low to no risk using FREE OPM.

What I personally find so interesting is miners are funding (for free) the product that will make them less ROI every month.  It's a classic arms race for the same daily coins.  The ones making the real bank here are the manufactures.

I will say that off all the manufactures currently shipping (or that have shipped) the one that did this right was ASICMINER, I commend them for calling the money they took an investment.  While I don't agree with the auctions or the last retail pricing, they have every right in this free market to charge what customers are willing to pay.  They took investments and sold shares +1, waited to take orders and payment for a retail product until it was on the shelf ready to ship +10.

Note: I have no ASIC miners currently and none on order with anyone (I GPU mine LTC currently).  I will not be investing in ASIC hardware until the price makes a lot more sense and until a vendor has a product that I can get in a week or two max.  I assume this will happen eventually, how long till that happens is the million dollar question (or maybe never and I don't know), I am guessing early to mid 2014 but LOL that's just a stupid guess!
1994  Bitcoin / Hardware / Re: This is why some Avalon units were shipped damagged on: June 14, 2013, 08:01:10 PM
This really is the typical work ethic of the Chinese. "It doesn't belong to me, therefore, zero fucks given about it!"

Ya definitely for sure no other race around the world would ever do anything like this.

Well done generalizing a billion people off one video you mental fucking midget.
1995  Bitcoin / Hardware / Re: BitcoinOrama Report on the KnCminer/OrSoC Open-day Mon 10/06/13 (Stockholm) on: June 12, 2013, 11:03:15 PM
tldr anyone please?

He likes them.
1996  Bitcoin / Hardware / Re: -= Galaxy 1 - 20nm ASIC Announcement =- on: June 12, 2013, 07:31:23 PM
So is the project still on?

From what I can tell the OP took a couple month break from posting in the forums but looks like he is back and it looks like he is still talking about making miners...

https://bitcointalk.org/index.php?topic=232864.0

1997  Other / Off-topic / Re: New High-End ASIC Miner Coming Soon!! on: June 12, 2013, 12:58:07 AM
Get your pre-orders in now! Send me money, and you will get STATE OF THE ART hashing power!!! With special Bitcoin Mining control device!!




Now that picture brings back some memories LOL.  I couldn't have been more than 10 years old when Dad came home with one and BLEW MY MIND.
1998  Economy / Scam Accusations / Re: Open letter to Theymos regarding Butterfly Labs (BFL) on: June 11, 2013, 12:03:06 PM
Sorry, not a lie.  We did not have any plans to raise the prices at that time.  However, in light of our increased costs due to the power usage, we were forced to raise the price.  But you already knew that... or are you saying that you're unable to understand cause and effect, so you're just posting randomly?  It honestly wouldn't surprise me if you're unable to understand a simple concept like that, but I thought I'd check.

So go on, lets see you find a lie.  You've yet to produce a single shred of proof for your assertions.  I look forward to seeing you flail about further.


So you guys are not liars just incompetent morons, ok gotcha thanks for clearing that up.
1999  Bitcoin / Hardware / Re: No FCC or UL label on BFL's Jalapeņo on: June 10, 2013, 01:23:56 PM
Careful, you may not realize what can happen here.  [...]

So, here's what could happen:  You get your BFL device, set it up and start using it.  The BFL device in question happens to radiate a strong signal of some kind of RF energy which causes interference with say a nearby TV or radio.  The owner of that TV or radio calls the FCC and lodges a complaint that there is interference happening.  They get a few more complaints (more neighbors), so decide to investigate.  They narrow it down to the BFL device.  Now if it turns out this device is not FCC certified, they can confiscate it and fine YOU (the owner of the device) for operating a device that is not certified.

Beyond that they may also investigate why BFL is selling non-certified devices and fine them as well.

However, I think you get the picture here.  Just because you don't care, doesn't mean the FCC won't either.  Wink

Interesting, I didn't know that. But wouldn't it be easy to fight the charge based solely on my ignorance in the matter? I don't see why the consumer should be penalized for purchasing a non-certified device when a) the consumer claims to know nothing about FCC laws and regulations, and b) the device manufacturer forewent certification in the first place. Hypothetically, how was I supposed to know the consequences of my actions?

Generally speaking ignorance is not an acceptable reason for breaking a law LDO.  I am not an FCC expert or a lawyer but I would guess in the above hypothetical scenario you might have recourse legally to go after the seller/manufacture for selling you the uncertified device.  If the above is true I don't think your responsibility is relieved (I.e I guess you would still be fined and have to pay it or settle or w/e) but I do think you might have some recourse against the seller/manufacture.
2000  Bitcoin / Hardware / Re: [Call to arms] Why don't you destroy BFL rather than QQ? on: June 09, 2013, 09:03:18 PM


Dude I'm serious, give me a something to work with, I'd love to add that to my list of reasons BFL is shady, but seriously, saying another user searched for it isn't good enough. I don't own a jalapeno and have no idea to look up. Can you also explain why it needs fcc licensing? I'm not trying to counter-troll, I honestly want to know.

This thread was interesting.

https://bitcointalk.org/index.php?topic=189464.0

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