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361  Bitcoin / Hardware / Re: BFL announces 28nm 600GH/S blade for $4680 on: August 17, 2013, 07:07:30 PM
If I were into gambling, I'd wager they'll try to keep their customers wait even longer by giving them "the opportunity" to exchange their 1st gen asic pre-orders for that 2nd gen. Delivered in, say, 2 weeks?  Grin
I read on their forums that a customer didnt even get a response to an email inquiry after two weeks!  Cheesy Cheesy
362  Bitcoin / Hardware / Re: BFL announces 28nm 600GH/S blade for $4680 on: August 17, 2013, 07:00:19 PM
must mean they are out of money..... need to do another presale to stay afloat
HOLY SHIT! the cycle of bullshit (some say proper word is Ponzi) continues!! Those in queue now can switch for this chip and reset their position, might as well consider it since you know youre stuck in the shit either way!!!

p.s your "lifetime warranty" is really about...as long as the time left for Sonny's probation.
363  Bitcoin / Hardware / Re: BFL announces 28nm 600GH/S blade for $4680 on: August 17, 2013, 06:54:41 PM
When will the deliver though.... in about two or three weeks?

Nah more likely 2015.

 Cheesy Cheesy These guys are HILARIOUS. Does it still come with two week long "lifetime" warranty?
364  Bitcoin / Mining support / Re: For the love of the universe please someone help me with bfgminer on: August 17, 2013, 05:43:57 PM
You can configure Windows to create user-mode dumps if you copy and paste the following in Notepad and save as a .reg file, then right-click the .reg file and select "Merge" to add to the registry.

a .dmp file at the time bfgminer.exe crashes should be created in the C:\CrashDumps folder:

Windows Registry Editor Version 5.00

[HKEY_LOCAL_MACHINE\SOFTWARE\Microsoft\Windows\Windows Error Reporting\LocalDumps\bfgminer.exe]
"DumpFolder"=hex(2):43,00,3a,00,5c,00,43,00,72,00,61,00,73,00,68,00,44,00,75,\
00,6d,00,70,00,73,00,00,00


Maybe we'll see something in that file?
365  Bitcoin / Hardware / Re: HashFast Store is Live! on: August 17, 2013, 04:46:07 PM
Only pament methods accepted are BTC or bank wire?

For ASIC preorders, I'll only use paypal...
366  Bitcoin / Hardware / Re: YES, you can get a REFUND from BFL on: August 17, 2013, 04:35:21 PM

But then... What about the life-time warranty  Undecided ?
*Lifetime Warranty good for two weeks after delivery, or until Sonny's probation ends.
367  Economy / Service Discussion / Re: Mt. Gox cash withdrawal delay on: August 17, 2013, 02:29:10 PM
Ouch. Check this subforum - https://bitcointalk.org/index.php?board=85.0

USD withdrawals have been effectively impossible since late June.
We dont call it mt box for nothin =P
368  Bitcoin / Mining speculation / Re: [POLL] Should Butterfly Labs (BFL) get a Scammer tag? on: August 17, 2013, 02:10:30 AM
Unless they start denying refunds, they shouldn't be labeled as scammers. They are 6 months late, but they are legitimately working on a product.

 Cheesy
They ARE denying refunds and they are Much more than six months late
I know. That's why I laughed, because I didn't think there was anyone else who didn't =P
369  Economy / Service Discussion / Re: Mt. Gox cash withdrawal delay on: August 16, 2013, 06:35:51 PM
That's great, I cancelled much older requests yesterday. So much for "processing the queue in order"

Depends on the amount. Everyting about € 999 can take a long time.
Mt Box: you can check out any time you like, but you can never leave
370  Economy / Computer hardware / Re: Selling my twelve BFL 5mh/s Jalapenos - In hand 10btc each on: August 16, 2013, 04:59:55 PM
I have decided that I need more room for my Singles, so I am selling my twelve BFL jalapenos - If you are interested please PM me are post here in my blog questions - I am offering them for 6 BTC each, free shipping to the the continental US. Shipping outside US will be calculated for actual shipping cost as extra -


They all run at or above 5 gh/s and include the power supply and USB cord

Cheers

David
I can get a blade for BTC10.24  Cheesy
371  Bitcoin / Hardware / Re: BFL current state of affairs on: August 16, 2013, 04:12:40 PM
Nice of Josh to pop in and make a stupid comment YET AGAIN.  I just hope you do that in your lunch break and not when you should be making the miners that we have paid you to make.  

What do you actually do for your company?  I can`t believe PR is your only responsibility.

http://butterflylabs.com/jobs/

Looking for communications director. I'd rather eat shit and die than take that job with Butterflylabs.

not to mention it probally comes with a free prison term  Grin
372  Alternate cryptocurrencies / Altcoin Discussion / Re: Any experienced sha256 coin makers wanna make .4BTC? on: August 16, 2013, 02:53:49 AM
Seems like you would get a lot of rejects through a proxy. Most I've used are unstable as hell. Then there would be of course vpns and such. I think it wouldn't happen very often though. Idk about others but anytime I've ran through a proxy/vpn I wished I didn't have to.
It's tongue in cheek, but something to consider.

Undoubtedly I'll be looking for an SHA256 alt for my block erupters at some point.
373  Economy / Lending / Re: Need .4 BTC loan on: August 16, 2013, 02:51:47 AM
they're gonna think your a crypto-terrorist, Joey.
374  Bitcoin / Hardware / Re: BFL current state of affairs on: August 16, 2013, 02:47:23 AM
y'all already know where the BFL warehouse is.

some of you guys should be good enough to ninja in the facility to install a hidden camera by the dock(?) area if any to see how much shit they ship a day.

do a surveillance or some shit like that.

nobody thought about that?
who needs a camera to tell they aint shipping shit  Cheesy other more serious laws are in question, I would imagine.
375  Alternate cryptocurrencies / Altcoin Discussion / Re: Any experienced sha256 coin makers wanna make .4BTC? on: August 16, 2013, 02:41:57 AM

Is there any way to limit hashing power per ip?

i've been exploring this, and so far, the answer is no. perhaps a more experienced coder, or dare i say a real bonafide programmer could accomplish it easily, but for the rest of us its a pipe dream
376  Economy / Lending / Re: Need .4 BTC loan on: August 16, 2013, 02:37:18 AM
This is a civil case since it was a loan. I got a loan I can not pay back.

Let me explain.

You go to a bank and ask for a loan, you give them all your details and tell the truth, they give you the loan, you laugh and say "fuck you" and don't pay. They sue you and thats the end of it because you claim they have no assets they can take away from you.

You go to a bank and ask for a loan, you lie about why you want the loan - who you are etc etc, they give you the loan, you laugh and say "fuck you" and don't pay. They sue you, but not only that, the state sue you too for fraud and throw you in the slammer.

Obtaining a loan in bad faith or under false pretences is fraud. One could argue that because you used multiple usernames and pretended they were different people that you obtained these loans in bad faith. You also lied a number of times claiming you did not have any previous loans and that your name was not Joey.

Just letting you know your not as 'slick' as you think you are, shit has consequences.
It's nobodies business what I used loan for. As for saying I am not Joey, my mother has came on here too you know, and there will be proof of that if you search or laptops...but it won't get that far. Courts don't give a shit about bitcoin.
SAID NO ONE EVER. GOOGLE THE BITCOIN CASE IN TEXAS YOU STUPID FUCK. THE GUY IS GOING TO JAIL FOR BITCOIN FRAUD YOU IGNORANT ILLITERATE FUCK.
http://betabeat.com/2013/08/class-action-suit-filed-against-bitinstant-for-misrepresenting-the-speed-of-its-services/

Plaintiffs seeking damages of: $500, $303.95, AND $30, WHICH IS LESS THAN WHAT YOU SCAMMED HERE FOR
377  Economy / Lending / Re: Need .4 BTC loan on: August 16, 2013, 02:33:55 AM
It's nobodies business what I used loan for.

Yes it is I'm afraid. If you ask for a car loan and buy a boat with the money thats actually fraud, yes I know it's kinda dumb, but it makes sense as the risk could be very different.

Just from skimming through some of the loans its clear there are multiple instances of fraud. Now all you have to do is piss someone off enough to actually proceed on with the process.

but it won't get that far. Courts don't give a shit about bitcoin.
Do you live under a rock?

http://online.wsj.com/article/BT-CO-20130723-708995.html

They've been clamping down on your kind. I mean for somebody who lives on the internet...damn, have you seriously not heard about all the subpoena's, all the busts and raids...

Good point Blazr. Another example being different APRs on new vehicle vs used.
378  Economy / Lending / Re: Need .4 BTC loan on: August 16, 2013, 02:28:45 AM
This is a civil case since it was a loan. I got a loan I can not pay back.

Let me explain.

You go to a bank and ask for a loan, you give them all your details and tell the truth, they give you the loan, you laugh and say "fuck you" and don't pay. They sue you and thats the end of it because you claim they have no assets they can take away from you.

You go to a bank and ask for a loan, you lie about why you want the loan - who you are etc etc, they give you the loan, you laugh and say "fuck you" and don't pay. They sue you, but not only that, the state sue you too for fraud and throw you in the slammer.

Obtaining a loan in bad faith or under false pretences is fraud. One could argue that because you used multiple usernames and pretended they were different people that you obtained these loans in bad faith. You also lied a number of times claiming you did not have any previous loans and that your name was not Joey.

Just letting you know your not as 'slick' as you think you are, shit has consequences.
It's nobodies business what I used loan for. As for saying I am not Joey, my mother has came on here too you know, and there will be proof of that if you search or laptops...but it won't get that far. Courts don't give a shit about bitcoin.


 Shocked

you dumb fuck, they just ruled it a currency in attempts to regulate it.

**EDIT added sauce http://www.nbcnews.com/technology/bitcoin-currency-federal-judge-says-virtual-cash-real-money-6C10874611
379  Economy / Lending / Re: Guys, i really need 0.50 btc loaned to me on: August 16, 2013, 02:19:48 AM
what did this forum do before the collateral rule even happened? Or what is it always there?

This is actually an interesting question. I'm not going to loan to you, but I'll give you an answer. History incoming:

Back in the day, the number of Bitcoin users was small, and the number of bitcointalk users was smaller. Reasonable loans with a clear payback plan were often granted, without ID or collateral.

In November 2011, pirateat40 opened Bitcoin Savings and Trust, which provided fairly exclusive interest paying accounts (initially 10% weekly, revised to a max of 7% weekly). This set an unhealthy expectation of ridiculously high interest. To avoid the referral-only bit, "pirate pass-throughs" were set up, where a deposit-taker would consolidate smaller amounts and deposit them as lumps into their own BS&T account.

By the beginning of 2012, lending was becoming a larger business. Lenders like PatrickHarnett and HashKing set up businesses where they would pay interest to all depositors (the minimum rate was 1% per week) and use the money to give out loans. This was actually a semi-legitimate business because people were, for whatever reason, willing to pay 10% monthly on their loans. Here's a summary of reasons to trust PatrickHarnett (now labeled a scammer).

Loan requests with ID were rarely rejected. Example:

I'm looking for a loan of 12 BTC to enable me to make a purchase before I get paid on the 26th April.

Repayment can be made as soon as I can get money into an exchange, so to be certain let's say by the 28th April.

I have little or no reputation on here, though I took out a tiny loan here: https://bitcointalk.org/index.php?topic=56720

Xenland is in the process of verifying my home address as I'm setting up as a vendor on CheaperInBitcoins.

I'm more than willing to provide personal information if required.

Many thanks,
(Note the lack of collateral)

Then, in mid-August 2012, pirate defaulted. This unavoidable outcome caused a storm throughout the BTC economy. It turned out that BS&T was more of a foundation of the economy than people realized. People had been taking out loans, putting them in BS&T, and then repaying, while skimming some of the interest off for themselves. Some people, like ineedausername, made heroic efforts to pay back thousands of lost bitcoins out of their own pockets, while others, like PatrickHarnett, made partial paybacks and disappeared.

Here's the thing: the id-based system failed. Note that ripper234 had a scan of PatrickHarnett's passport,  Patrick lived in the US, but Patrick still got away with a default. Litigation and shady kneecap-busting efforts both failed. One would think that the millions of dollars worth of stolen bitcoins would be enough incentive for someone to track the scammers down in person. One would be wrong. You'll notice that only recently, almost a year after the default, has the SEC brought a case against Trendon Shavers (pirateat40). I only remember a few examples of the threat of litigation ever working, one being RandomQ vs TheBitMan (the defendant was 17 and probably scared).

That was a year ago. Since then, Bitcoin and bitcointalk have grown in size and awareness, especially since the April bubble. Scammers are aware that Bitcoin is a pseudonymous, irreversible, global currency, and is thus as useful, easier, and safer to steal than cash. They are aware that giving out their passport doesn't really do them much harm. Especially if they live in another country, like Alberto Armandi, they can steal bitcoins under their real name and get away with it. Unfortunately for them, they can only use their real name once, but fortunately, they can buy fake ids with bitcoins, and forum accounts are cheap to create, cheap to buy, and easy to throw away.

This leaves two options for lenders who don't want to get burned today: they can lend to members whose reputation is much more expensive to create than the value of the loan (example), and hope that the lendee will similarly value their own account (thus making scamming a worse option than paying back), or they can lend to users with collateral, and take zero risk.



I hope this has been an accurate and interesting account, as it has been recalled entirely from my firsthand experience.

great post. thanks.
380  Bitcoin / Hardware / Re: BFL current state of affairs on: August 16, 2013, 02:08:22 AM
I keep commenting under fratoritylife, but they delete.
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