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61  Bitcoin / Bitcoin Discussion / Re: Bitcoin the enabler - Truly Autonomous Software Agents roaming the net on: December 13, 2013, 08:18:55 PM
I've been thinking about this since I first saw the thread.  Couldn't help but write about it a few weeks ago.  Let me know what you think.  You'll see many of the ideas proposed here and other places that mirror the ideas in this thread.  I wanted to answer some of the statements, and create a more holistic vision of what could be coming.

http://decentralizedhashing.com/2013/11/bitcoin-skynet/
62  Bitcoin / Hardware / Re: Boscombe Pierlytics on: December 13, 2013, 05:45:17 PM
Thanks for the input Donkezz.  Looks like you probably got a brushoff.  I'm sure you've seen that you shouldn't buy from them from the information gathered so far, but be careful if you do for some reason.
63  Bitcoin / Hardware / Re: The Scam List on: December 12, 2013, 08:12:48 PM
True ralla, but marto74 is working closely with them.  He is the owner of technobit,and has vouched for them.  Of course that's not proof they are valid.

-edited..  damn spellchecker on my "smart"phone butchered that message and I didn't notice.  I guess they're only as smart as the user.  Smiley
64  Bitcoin / Hardware / Re: Boscombe Pierlytics on: December 12, 2013, 08:09:25 PM
Oh good work.  I hope they reply.  It seems as if most scams are pointed out then forgotten.  Would be nice to catch a few to discourage the fad.
65  Bitcoin / Hardware / Re: Boscombe Pierlytics on: December 12, 2013, 05:10:56 PM
If they have a connection to a company that they used is it possible there is a paper trail leading back to someone?  If so could someone local notify authorities
66  Bitcoin / Hardware / Re: The Scam List on: December 12, 2013, 05:07:31 PM
Why is my old scam list listed as a scam on this one?

https://bitcointalk.org/index.php?topic=176262.0

CoinCanary was never a scam nor even an attempt to sell equipment, it was just an informative list just like this one of fly-by-night ASIC companies... Huh

In fact you might want to give it a look over and see if any of those old scams are still around.

Hi Operatr, that was my intention in mentioning your thread.  I think it was misinterpreted in the initial rush.
Good to see you around!
67  Bitcoin / Hardware / Re: The Scam List on: December 12, 2013, 08:48:56 AM
I'd take AMT off, they're on my page.
68  Bitcoin / Hardware / Re: The Scam List on: December 11, 2013, 11:56:35 PM
Coin Canary isn't a mining company.  Operatr is a forum member that used to run a list like this.  You might want to take a look at it.

On a scale from 1-100, 1 being the worst and 100 being the best, is there a company out there right now that would rate a 100? Maybe we take the qualities of a 100 company and work backwards.

There are a lot of scams out there.  You said earlier something to the effect of people are getting out their pitchforks and going after companies before they have a chance to prove their selves.  
Innocent until proven guilty and all that, but with bitcoin mining equipment you can go after a company hard.  If they are found to be clean it only helps them.  You don't see scams last very long here because the community watches so closely.  Unfortunately they only have to make a few coins per scam to be worthwhile.  The quicker one is taken down the better, otherwise it just encourages them to do more.

The number system isn't a bad idea, though.  Each category could be worth 5-10 points

Can they prove they are the people they say they are, and their experience?  This can be checked with Linkedin profiles, and other social media.  Once it's confirmed that this person is real, it's also a good idea to have someone call up the companies they have worked for to see if they have the experience they say.  

Do their product pictures (or profiles) come up on an image search?  Often people steal pictures and modify them.  This isn't necessarily illegal, or even immoral unless they contend that they made the picture, or that their product looks like this.  Often people hire graphic designers who will just rip pictures, so this doesn't automatically make a company a scam.

Is their company located where they say?  Google earth helps here, occasionally just looking at a spot is enough to cast a potential business as questionable.

Is this location a real business, a home address, a PO box, or a hole in the wall that many businesses use?

Do they post here to allow the community to check them?  One of the most common practices is to hope that random people will stop in and spend a few thousand dollars before people call them out.

In addition to the above, are they working with any of the programmers to ensure their equipment will run the protocols properly?

Do they have contracts with a foundry, or a chip design company?  If there is a legitimate company lending it's credibility to a new start up it is very likely they are the real thing.  Of course the connection has to be checked.  Once I emailed Global Foundries about a new company and they disappeared that day.

Are they registered as a business in the company of origin?  If you can't get to this information it's unlikely they are going anywhere, since such a large endeavor is going to quickly draw the attention of local bureaucrats and the police force pretty quickly if they aren't in compliance.

Do they have employees that can be checked on?  It's hard to start a company that just has a couple engineers to do everything.

Are they funded by a known group?  This connection needs to be checked of course.

Does their website look like it took a little work to make?  Many legit companies have failed here, breaking on the order page and whatnot, but it's still worthwhile to check.

Preorders?  If they aren't taking preorders, then they aren't a normal company in this space.  Still it should be a red flag that they are making their customers into investors.  This requires diligence in other areas.



Any of these points can have exceptions.  For instance Bitfury came out of nowhere defying the first point and probably others.  In the end, though, even if a company is listed as being a likely scam all they have to do is show up with a product (video, or samples sent to programmers) with an internally consistent story and people will flock to them.  
Unfortunately, as it has been mentioned, even if a company rates highly here it is no assurance they will deliver a product.  It should make it very likely that they at least intend to do so, though.
69  Bitcoin / Hardware / Re: Boscombe Pierlytics on: December 11, 2013, 11:12:13 PM
Keeping fingers crossed, after reading this thread I'm a bit worried, but I guess it's normal to be wary of a new manufacturer anyway.
Did anyone trust CoinTerra when they first announced? Or BitMine or KNCMiner and the rest...

Oh definitely not, but there is a lot of research that must be done before buying mining equipment.  For every real company there are 5-10 scams.

edit-
Oh btw did the person who was emailing the people that the pictures from get an answer?  That would be interesting..
70  Bitcoin / Hardware / Re: The Scam List on: December 11, 2013, 04:13:03 PM
Thanks for making this x.  When I saw it come up yesterday I was reminded that I always intended to pick up where Operatr left off with Coin Canary.

I'm not sure if any of these are still relevant, but here is the link:

https://bitcointalk.org/index.php?topic=176262.0
71  Bitcoin / Hardware / Re: Boscombe Pierlytics on: December 11, 2013, 04:07:30 PM
lol!  Nice, did you do an image search?
72  Bitcoin / Hardware / Re: Boscombe Pierlytics on: December 11, 2013, 03:15:31 PM
They will lose any chance of credibility quite quickly this way.  
Not that posting pics of a couple guys who can't be found online gave them any to begin with.  Who are they working with?  Maybe they have their own foundry!  Smiley
73  Bitcoin / Hardware / Re: Boscombe Pierlytics on: December 11, 2013, 02:43:05 AM
lol..  just noticed they haven't changed their page yet, I even emailed them about it. 

Chef Engineer

What kinda ASIX yall cookin up there?
74  Bitcoin / Hardware / Re: Boscombe Pierlytics on: December 11, 2013, 02:38:54 AM
Flappy, they opened up shop today at 5PM (which timezone, idk)  I'll often be contacted by people asking about these types of things, or companies wanting to spread the word about a new product.

Whisper, I can't really tell.  It looks like he could be a made up person.  Also I find it hard to trust companies that don't at least come to bitcointalk to get the nod of approval.  Usually this is because they have something to hide.

MrZambonie, sorry I'm not seeing the connection.  Could you tell me how you found it? 
If you're right it looks like they set up a scam six months ago.

I did find this article though,

http://bitcoinexaminer.org/czech-company-boscombe-pierlytics-now-accepting-pre-orders-for-new-bitcoin-mining-rigs/

Seems irresponsible if they haven't been vetted first.
75  Bitcoin / Hardware / Re: Boscombe Pierlytics on: December 10, 2013, 09:16:31 PM
Oh right..  here is their website.

http://boscombe-miner.com/
76  Bitcoin / Hardware / Boscombe Pierlytics on: December 10, 2013, 09:03:50 PM
Has anyone seen this yet?  Specs look about in line with other machines coming out at in February and March.  I haven't seen any threads devoted to this company yet, which is a bit of a red flag since the page is in English, and well done.  (only a couple errors that I have found, and trivial ones at that)

I can't find their team on Linkedin, though they do come up on other social media.  One of them is just listed as "Jan."

Maybe someone with unlimited data will want to do a more thorough look.  I'm almost out for the month.
77  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2013, 05:11:15 AM
Closing in on the good old gold..
How much is an ounce of bitcoin?   Wink
78  Bitcoin / Hardware / Re: Mining Equipment Manufacturers -- Drillbit added, ASICMiner Box Miner 38GH on: November 27, 2013, 11:50:04 PM
Definitely!  I was thinking of posting as April on the main page, then put a range of Feb through June on the KnC page.  What do you think?
79  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 21, 2013, 04:39:58 PM
I would kill for 22 BTC...I have 1/100 of that...

The reason why there are so many idiotic postings...
Probably more then 50% here have less then 1 btc and are younger then 18 years old -> can't take anything seriously from such users

Every "normal" guy can afford at least 10-100 btc.

Thats ridiculous. Very few "normal" guys can throw $70,000 USD onto what is still very much an extremely speculative investment. Maybe you're on wallstreet and think $70K is throw away money, but don't be confused. You have to be crazy well off to throw $70,000 into something as far out as bitcoin.


But the low is $7000 and anyone with a job can afford to save $7000 in few years. If not, something is wrong

That something is most likely they were born in a country where only the wealthy earn that much in a year.  Unfortunately, billions of people still fall in that category.  Seriously guys, extrapolation from Europe/North America to anyone/everyone is a sure fire way to look like a retard on the internet.

A rich retard, but still...

nobody saves a damn penny! we savers are the exception not the rule.

Maybe they don't understand the concept of privilege.
80  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 21, 2013, 04:34:03 PM
Aww, I wish the canisters showed up better, says

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