Sent 5000 BTC.
Thank you for allowing me to invest.
For the record. This started a joke and I didn't expect it to escalate this far but people actually sent me Bitcoins (the first honest thing I have said in this whole thread).
I have refunded all bitcoins to those that "opened an account".
This is outrages. I sent you the 5000BTC in good faith, and it turns out you played a practical joke on us from the very beginning??? Atleast you owe us interest for the days it was in your investment fund! Tyler, stick to 'investing' with your fists... |
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In other words, you know what Pirate did with the dough, huh?
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Resistance at 9-9.5... I see it rebounding between 9.5 and 10, lower than 10 will break a barrier and many will buy - is my guess.
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For the record. This started a joke and I didn't expect it to escalate this far but people actually sent me Bitcoins (the first honest thing I have said in this whole thread).
I have refunded all bitcoins to those that "opened an account".
My god  Yeah, how much were you sent? |
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The patent number is 8,027,893 for those so quick to assume that it was a joke. I will give you another hint: people aren't far off when they say that the price of Bitcoin aligns with Google trends.
So if fewer people google Bitcoin, you interpret that as a lower exchange rate in the future, and sell? Really? |
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Good luck  |
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As far as I can see, you're paying your first visitor with the revenues from the second one. That sounds a lot like a Ponzi IMO.
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All the electric you use for mining = more carbon in air. Do you feel guilty you are profiting off earths destruction through greenhouse gases?
Fuck you. I don't care about all the electricity YOU use for watching porn or charging your buttplugs either. Go spout your eco-crap somewhere else. If troll: congrats, 1 rage point |
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Kentrolla, your next prediction please? And what's this announcement?  Weird, I had found a thread by him saying the price will be above 11.99 at the very end of August (including a bet) but I didn't see it approved by betsofbitcoin and now the thread's gone. [edit] a new thread, that is. |
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So Pirate can't pay back his debt, then Tyler Durden shows up and pays 9 cents the $ for his debt? Love it
[edit] dat signature... Zerohedge getting into Bitcoin?
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Why don't you make some art about how you hate Burnt? You know, with some blood and chainsaws and what not |
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Looks like his 12 has been offset by a small sell-off tho. Suspense...
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What's that "Bullish Crash" talk? Does anyone know?
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I don't think there will increase the price? Why? Because they seam to work very hard in being the best to discourage competition.
You mean they are discouraging competition through low pricing? That's a valid point. Nevertheless time costs money too. People not willing to wait two months might well pay 50 dollars more to get their product in 2 weeks... The business practices of BFL are despicable. The whole pre-ordering is a deception for consumers. 1) They buy a "promise" not a product. The final production will not meet specs. 2) BFL didn't specify how many chips they plan to produce. Thus you don't know whether you will actually get one. If they decide to give you your money back - you effectively gave them a 0% loan. 3) They didn't even specify what happens to the pre-order money if the chip production is a failure. Who carries the risk of a default? I am as skeptical as you are, nevertheless they have proven to be a 'real' company, and I can't wrap my head around the idea that they would start this sort of scam after being legit. Have they simply overestimated themselves? That wouldn't be very professional, yet it's either that, a miracle or a scam.I find the saying "Too good to be true", which is well-known for a reason, to apply exceptionally well here. Nevertheless I'm still looking for a 'legit' way out for BFL, and that's why I was pondering a short-term upward price movement without any illegality involved. |
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 Sorry. I just had to do this. Hurray for volatility? |
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[EDIT]: The only "nothing" scenario I see is if the Net is locked down to unprecedented levels. Like every computer comes shipped with spyware, every payment must be processed through the government and violations of law carry really harsh punishments - in short, a HiTech North Korea.
I just wanted to quote this so people can re-read it. It's incredibly important to be aware of the tendency of governments around the world (including America and nations in Europe) towards regulation - and ultimately censorship and tyranny. Be on your guard, everyone in this forum and Bitcoin. Regulation looms. |
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I don't think there will increase the price? Why? Because they seam to work very hard in being the best to discourage competition.
You mean they are discouraging competition through low pricing? That's a valid point. Nevertheless time costs money too. People not willing to wait two months might well pay 50 dollars more to get their product in 2 weeks... |
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A company selling a product rarely acts like a market. They can if they choose to, but most don't.
Once the products start getting out into customer's hands, it is likely, maybe certain, that there will develop a secondary market with prices set, more or less, by supply and demand.
However the market here is limited. The overwhelming majority of people on Bitcointalk buying ASICs for the purpose of mining are buying with BFL. I'm sure the lab itself is aware of the fact that they are somewhat pioneering this particular product. In the long-term above-average profits will be erased as others start marketing theirs ASICs too, but I'm especially interested in BFL's major market share at this point in time - and how they will deal with it. |
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