what a fucking joke, the last couple of days some of you were crying all around the place about the rounding up and about Bitstamp ripping customers off, and most of you agreed on the $5 min order, in fact most of you said it should minimize the effect, but today you are crying again about them doing what you wished for !!!!! what the heck is wrong with people 

I could say that the price has been "relatively high" for a year also. Who is to say where we perform relativity?

Since April 11 when we hit about $340,

So today, there is a very interesting article on ArsTechnica about BFL. (link here)

The TL/DR Version:

1. Sonny had his parole extended for 2 years for breaching it (in reference to BFL).

2. BFL owns the Eclipse Mining Pool (bought in 2012 for $100,000) - Josh/Inaba kinda failed to mention that one...

3. BFL Lawyers set up a dummy corporation in the Bahamas which then gave 'loans' to Nassar ($150,000), VP Jeff Ownby ($26,000), Sonny ($65,000). This is despite the Bahamas company making a lose of $800,000.

4. There was $11,000,000+ in the BFL Paypal account before it was frozen.

5. To date there have been more then 6200 complaints to Paypal.

6. BFL is permanently banned from using Paypal.... by Paypal.

To answer your question:

@Inaba

I found this bit interesting.  Care to explain?


Are BFL using your former mining pool to "test" new miners until they are almost totally unprofitable before sending them out?  

Re: Butterfly Labs Production of Requested Information

(...)

[to] Kate Mahoney, Assistant United States Attorney

(...)

The following information is submitted on behalf of Sonny Vleisides in response to your inquiry regarding various documents and information related to Butterfly Labs and Sonny Vleisides.

(...)

Eclipse Mining Consortium was a website that Butterfly Labs purchased from Josh Zerlan in 2012.

(...)

Butterfly Labs acquired the IP address and website from Mr. Zerlan for 100,000.

(...)

Butterfly Labs earns mining income from their burn testing of machines

Page 3/7: http://www.scribd.com/doc/217190032/Butterfly-Labs-Production-of-Requested-Information-December-6-2013

Vleisides’ probation officer, Courtney Pierce, filed a violation report with the Missouri federal judge handling his case (just over two months after Ars published our first articles about Butterfly Labs and its mining machines). In her memo to the judge, Pierce wrote that Vleisides was now an employee of and the dominant shareholder in BFL, a company which "advertises all of its technology for purchase through pre-order... Vleisides did not seek the express approval of the probation officer prior to engaging in a business that involves the solicitation of funds through pre-orders."

She continued:

The Probation Office has been notified by the US Postal Inspection Service that hundreds of complaints have been filed against BFL from individuals who have placed pre-orders for hardware from BFL.

The seriousness of Vleisides' instant offense [the lottery scam], coupled with his current involvement in a somewhat similar business enterprise are cause for concern.

Judge Kays expressed clear reservations about BFL's business and Vleisides' involvement in a company taking so much cash up front. He ordered two supplementary years of supervision for Vleisides, along with a new set of conditions that include regular government access to his "person, his property, house, residence, office, vehicle, papers, computer, other electronic communication or data, storage devices or media, and effects." He said Vleisides must work with Pierce "to communicate, create transparencies. Any loan, especially $64,000 or whatever it is, is something she needs to know about before it's made, no matter [what]."

The judge's most damning comments, however, centered on his overall BFL observations:

"Now, there is a stench coming from Butterfly Labs. It's a strong smell. It's not enough to send you to prison today, because, to be quite honest with you, if it was, we'd be talking about 24 months in prison. It's not—I think it's too close. I think [defense witness] Mr. Bourne did a very good job of testifying, and it assisted your defense greatly. But if I find out that there is this fraud word involved in this part, you know, Mr. Vleisides, as we say here at the courthouse, you need to get your toothbrush and get your things in order, because fraud will not be tolerated, you understand that? So I would work very hard to make these consumers happy consumers who you've dealt with."

Volume creeping up, China waking up.   It's breakout time!!

Kim Dotcom is changing is mind to often i wouldnt listen him to much.

Big milestone today for Bitcoin Investment Trust -- now holds over 100,000 bitcoin

$1000M dollar is nothing, do you realize that right?

If you want another bitcoin bubble you need another $20 Billion+

I like Marchmember

Remember remember the 16th of Marchmember.

What's left?  Excuse my naivete, but I'm having trouble imagining any bigger or badder news than what we've already seen to have any real or lasting impact on this train near future.