Selling neptunes for less than knc. Definite scam. |
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You have time to complain to the forum, bother the State of Californa, and hire a lawyer. But you don't have time to actually pursue a case in court? More like, you know your quest for a ~600% gain for doing nothing is doomed to fail if it ever reached a proper venue. Better stick to the court of public opinion, where your narrative of victimization may fool a few rubes. "Emotional tolerance?" IOW, you can't stand the idea of a judge ruling your demand for a free pony named Windfall is ludicrous. That buyer's remorse is just awful, isn't it?  Why did you agree to be a windfall? How can you offer full btc refunds thinking the price will be stable? Are you new to bitcoin? Since the invention of bitcoin, we have yet to see a period longer than a few days let alone months where the price did not swing dramatically. If you did not understand that then you should not be doing business in bitcoin. Then you create a windfall protection plan by offering possible compensation for delays. Then you decide to give neither btc refunds or the extra hashing power which was the only reason people decided to go with your company. Then you complain that it is the customers who are mistakenly looking for a windfall when you sold them a windfall. Good luck in court. |
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Hashfast should not be a B.
F or D would be realistic. I would even dare to say they should be below bfl.
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can't comment on the rest and don't care about NEO but as far as 1,2,3 go. with a few mins and the most trivial of google searches you wouldn't have bothered to post such rubbish. I would just delete this thread, it's embarrassing and you've made a fool of yourself, also too late to add a '..jk'
Embarrasing him/herself and running the biggest btc ponzi is what they do. Its pretty funny that the biggest scammer is calling out scammers now. Congratulations, you should join Newsweek!
/thread |
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Been waiting for colored coins. Its about damn time.
ps: invite please
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well I hope we get some decent competition, I'd hate to see AM hogging the network  If knc 20nm is actually 40% more efficient than their 28nm they might be on par with asicminers efficiency but I doubt they can match the price with 20nm being so much more expensive. |
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aaand more competition... here comes avalon gen 3... http://downloads.canaan-creative.com/hardware/A3233/A3233Q48-140313-V01-EN.pdf768 hash cores, 7 GH/s per chip, 0.75 watts per GH/s, on a 40nm full custom design, not as power efficient as they should be but still adds more pressure.. 1w/gh is a bit late at this point. AM gen3 is going to put all antminers out of business. I honestly expected more from bitmain gen2. Not if ASICMiner continues to overprice their mining hardware. Given ASICMiner's previous track record pricing hardware so miners have no chance of ROI unless they resell, why would you expect them to do anything differently with Gen3? I doubt ASICMiner will be able to match Bitmain pricing. 0.75/w is hardly competition. Unless these chips sell for dirt cheap I don't see how they can possibly compete with AM chips that are the same die/process size but with twice the hashrate and efficiency. This all assumes they meet simulated specs. |
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Where did you see that each AM farm is 500KW? |
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Hey what does everyone think of Mining ASICs Technologies B.V. (MAT)? There was an article about them in Bitcoin mag: http://bitcoinmagazine.com/11125/asics-litecoin-come/And here is their store: https://www.mining-asics-technologies.com/shop/With machines like that - I was astounded - yet they featured in Bitcoin mag yet it all looks too good to be true? The team are listed with Linkedin profiles - one withe 350 connections, so that's two boxes ticked. But very long lead time is not good. What do you think? Should we be trusting this one? Regards Estelle Looks like a scam. 50mh miner is cheaper than 30mh. All prices are just too low to be legit. And September delivery is pretty late. I'm guessing this is so they can keep collecting preorder funds before people wonder why nothing is shipping. |
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Why did you promise full btc refunds if either:
a. You don't understand the volatility of bitcoin
or
b. You don't hold all btc payments in full in case of refunds.
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1w/gh is a bit late at this point. AM gen3 is going to put all antminers out of business. I honestly expected more from bitmain gen2. |
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I would make a bet using bitbet if they were any less of a scummy company. I love the site/ui/functionality but not a fan of the fine print bullshit like if you bet after a deadline the money is considered a donation. This is no way to run a business especially when you are using a currency that takes a long ass time to confirm sometimes.
I would bet 0.1btc asicminer pays more in divs the following year.
Not going to bet it collapses because I actually changed my mind on that statement. It may not collapse within that time frame but it will surely pay out embarrassingly small divs while nobody uses the useless service.
The only hope of mpex succeeding was with a steady flow of idiots willing to gamble huge sums with options but now that cant even happen.
Save your bitcents, buy yourself a warm meal, or a pair of shoes, or whatever. This discussion is over, random consumer scum do not get to opine on finance. That's a shame because I love having a discussion with you. Why won't you take my bet so I can buy extra warm meals? Isn't gambling your thing? Or are you not confident in your own ability to bring in any significant revenue. |
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I would love to make a bet but I don't use bitbet after learning about their bullshit policy. If they chose to screw over customers by stealing late bets along with fine print bullshit then I wont give them my business. |
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The rumor is that batch one is already allocated. I expect sample devices, solo mining, and one or more bulk buyers. We should resume Wednesday celebrations and T-shirt offerings by the end of next month  My estimates are for an upper limit to profit from this batch of XBT 0.06 per share*. Would that be sufficient to cause celebrations? * Assumptions: 20 PH batch size, cost $0.20/GH, revenue $0.99/GH, XBT price $650, 400k shares: (20e6*(0.99-0.20)/650)/400000=0.060769 If those calcs correct, implies AM should mine instead of selling chips. Why not both? I doubt AM could ever mine with anything close to the targeted 1.6 exahash |
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Bitcoin Miners progress update – 13 March 2014 1.We have approved the 2 nd review of the Minion substrate and it has been taped out. Chip packaging is on schedule. 2.We have encountered roadblocks in the X1 and X3 case design due to not all parts being in hand, we are working with 2 factories to solve them. 3.We have received and partially assembled the control board and X1 backplane board. We have received today the X1 hashboard and we will start assembling it. 4.Based on reviews we have made some schematics changes to the current boards therefore new boards are on pipeline. 5.We have visited the heatsink factory. We have paid and started manufacturing the heatsinks for all current orders. 6.We have received the PSU for X1, visited the PSU factory and have paid today the X1 PSUs. X3 PSU sample is scheduled to be delivered after 1 week. X1 PSU: Image1, Image 2, Image 37.Automatic BTC payment system is still under review. We are taking extra time to review the code to ensure that we’re not losing coins. 8.Customer support: a.We are still lagging behind and have a queue of 700 tickets. We are deeply sorry for the inconvenience please bear with us until we get this sorted. Our most experienced agent (Julia) is in maternal leave, the next experienced one (Alexey) is working on the case half time and the 3 rd one (Sylvia) is in training. We have one other agent (Matt) working part time, remotely, but his limited time does not allow him to make much progress. b.Customers must understand that our headquarters from China do not have access to Facebook. This account is maintained from abroad and they are unable to access any customer support issues. c.Few customers have requested refunds. Please rest assured that we will refund the USD in May and we are trying to refund BTCs sooner but we are waiting for a legal document which was not returned yet. Please note that customers opening more tickets will just get you back to the end of the queue as we reply the tickets in the reverse order of activity. Gallery Pics look nice Question about the X1 You guys are going with the top with max airflow and not the design with holes only in the shape of an X correct? |
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Hi, i am interested in 1 prospero x-1, but is a real product or not? If it is where i can buy one unit in Europe?
Thanks in advance W_M
No. Product is expected to be ready by may 1. Delays are likely. |
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You are calling me 12 and yet you don't understand the concept of the free market.
Anyone can start a news outlet by writing informative articles that people want to read.
Wired and ars chose to donate their btc. Good for them.
And nobody gives a shit how much money you have. You could have over a thousand btc and still be equally dillusional.
Please take a second to realize you are comparing 2 people who have stolen thousands of btc to one guy who wrote a review on a $100 piece of hardware and got to keep it.
If you really have enough money to buy an island, why are you so butthurt about someone keeping ~$200 worth of bitcoins.
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Who cares what he did with the btc?
Cause the Press has ethics that is why. Now you may not care but some of us do. Just like you probably care about what Mark did with the bitcoins? Or what pirate did with the bitcoins? Lets try and hold the community to a level of ethics. He was given a jalapeno to write up an article and give bfl publicity and he earned bitcoins by doing exactly that. Whats the problem here? You cant seriously be telling me he is unethical because he did not donate his time and bitcoins. How much bitcoins do you donate? What does mark and pirate literally stealing bitcoins have anything to do with one guy who wrote a nice little article on the jalapeno and got to keep the hardware in return. |
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Who cares what he did with the btc?
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No they are obligated to give full btc refunds because it was specifically stated in the ToS and also confirmed in an email to support staff.
Perhaps morally so, and perhaps in some non-US jurisdictions (and maybe a state or two that has wildly different laws on contractual remedies), but in nearly every US state, the remedy for a violation of a contractual duty to deliver a fungible good is the market value of that good at breach, and unless the parties agree and execute otherwise, that remedy is in legal tender. It is no doubt a complicated legal situation. However the fact that HF promised full btc refunds and changed their mind later when the value of btc went up is without a doubt bullshit. Considering many people only ordered with hashfast because of these terms along with a supposed guaranteed refund if delays extended past dec 31 which they did. I doubt that the US law protects btc consumers from this type of BS even though some have apparently sued BFL for their btc and won(although don't think they collected) It's definitely bullshit, and that's why the law doesn't let them say "we're paying you USD value from when you first gave us the btc." They have to pay at the current USD market value for btc if they're going to pay in USD. Could you point me to where the law says this? I still think one could make a good argument for their original btc amount. If someone paid in euros and the value of euros against usd increased would they not still be entitled to a full refund of original amount of euros even if specifically stated in the contract? |
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