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7461  Bitcoin / Bitcoin Discussion / Re: Bitcoin Arrives on Bloomberg: Beginning of Mainstream Adoption? on: August 10, 2013, 08:23:20 PM
Obviously, somebody put a lot of thought in the naming of the XBT symbol: http://www.bloomberg.com/quote/XBTC:US

I think a wise man should buy XBTC shares now, and dump at about 30% profit of which will happen once XBT goes live.
7462  Economy / Services / Re: Bitcoin 100: Developed Specifically for Non-Profits on: August 10, 2013, 09:59:56 AM
Got word back from the university. Unfortunately, if a club wants to take donations it has to go through a web page on the university site. We can't have deposits going directly into the chapter's bank account.

Side note:

Quote
Legally, SSDP consists of two separate, distinct entities – Students for Sensible Drug Policy Foundation and Students for Sensible Drug Policy Inc. The former, as a 501(c)3 organization, engages in education and outreach. Donations to SSDP Foundation are tax-deductible. SSDP Inc, as a 501(c)4 organization, engages in advocacy, or attempts to effect change to law and policy. Accordingly, donations to SSDP Inc are not tax-deductible...


Your quote is from: http://ssdp.org/about/

At least we're getting closer.

On the same page...

Quote
Values Statement

SSDP neither condones nor condemns drug use, rather we respect the right of individuals to make decisions about their own health and well-being.

I feel more comfortable now endorsing this organization if someway, somehow a Bitcoin donation option were embedded (no pun intended [bed]) onto their website.

I just wanted to bump the SSDP discussion request one more time.

Please feel free to weigh in on this subject, otherwise we at Bitcoin 100 will make the best decision on our own to either fund them or not if they opt to embed a Bitcoin donation option onto their website.

Rest assure, we'll do our damndest to make sure our actions are for the betterment of Bitcoin.

~Bruno~
7463  Bitcoin / Press / Re: 2013-08-04 WSJ: Famed Trader Joe Lewis Backs Bitcoin (hoax) on: August 10, 2013, 09:47:42 AM
"Andrew Laurus ‏@frankieterrier 11h

received today communication from #joelewis lawyers Alston & Bird LLP Atlanta / re:Phoenix fund will postpone comment until matter settled."

I guess that swiss based phoenix fund is true, so some kind of project is on going anyway

I guess "Andrew Laurus" is a bullshit artist who was trying to scam people.

Moreover the PR team behind the Andrew Laurus Twitter account. I contend that the WSJ article was by design and not a mistake.
7464  Economy / Scam Accusations / Re: PROOF: BFL used ALL pre-order moneys for development of their Bitcoin Miners! on: August 10, 2013, 09:40:19 AM
http://business.ftc.gov/documents/bus02-business-guide-mail-and-telephone-order-merchandise-rule

Quote
Why You Should Comply with the Rule

Merchants who violate the Rule can be sued by the FTC for injunctive relief, monetary civil penalties of up to $16,000 per violation (any time during the five years preceding the filing of the complaint), and consumer redress (any time during the three years preceding the filing of the complaint). When the mails are involved, the Postal Service also has authority to take action for problems such as non-delivery. State law enforcement agencies can take action for violating state consumer protection laws.

Apart from this, your failure to ship on time, or your failure to notify your customers promptly about delays and to obtain their consent to the delays, or your failure to make full and prompt refunds when your customers do not consent to delayed shipment, can adversely affect your business by discouraging repeat purchases. Accordingly, most businesses regard compliance with the Rule as simply good business practice.

Hot damn! Sonny Vleisides must love flirting with diaster.

I'm toying with the idea, if nobody beats me to it, of starting a thread to solicit sigs to petition the FTC to sue BFL. I'm sure they could use the $16,000 per violation in their coffers.

Who would love to see such a thread?

I have quoted the mail order rule a lot on this forum, if BFL is not in violation of the rule I will suck a goats dick!

I have also pointed out several times that on BFL's on site they state as their shipping representation a time from of 2 months or MORE.  I would personally consider this an indefinite delay and the FTC is quite clear on what a company must do when obtaining an indefinite delay consent from the customer.

From the FTC mail order link above:
What Later Notices Must Say

If you cannot ship the merchandise by the definite revised shipment date included in your most recent delay option notice, before that date you must seek the consent of your customers to any further delay. You must do this by providing customers a "renewed" delay option notice. A renewed delay option notice is similar in many ways to the first delay option notice. One important difference: the customer’s silence may not be treated as a consent to delay.

A renewed delay option notice must include:
•a new definite revised shipment date or, if unknown, a statement that you are unable to provide any date;
•a statement that, if the customer chooses not to wait, the customer can cancel the order immediately and obtain a full and prompt refund;
•a statement that, unless you receive notice that the customer agrees to wait beyond the most recent definite revised shipment date and you have not shipped by then, the customer’s order automatically will be cancelled and a prompt refund will be provided; and
•some means for the customer to inform you at your expense (e.g., by providing a postage prepaid reply card or toll-free telephone number) whether the customer agrees to the delay or is canceling the order.
•the following information when you cannot provide a new definite revised shipping date:
•the reason for the delay, and
a statement that, if the customer agrees to the indefinite delay, the customer may cancel the order any time until you ship.


I think the bolded is pretty important because if BFL is asking customer to agree to an indefinite delay than they must tell the customer that they may cancel the order ANY TIME before you ship.  They would obviously have to refund a cancelled order as well.

Anyone that thinks BFL is not stomping all over the mail order rule is very wrong, anyone that believes BF Labs spin of pre-orders, production has started, all sales are final blah blah blah bull shit and thinks refusing is refunds is legit is fucking delusional.   The only thing the FTC cares about is when the product shipped (and what representation the company made about shipping date).

Now whether or not the FTC decides to pursue this is entirely another matter, they do have limited resources (so to speak) and they do not pursue every case that comes across their "desks".

Sorry for the large font, but I misplaced my glasses. Please help me find that clause I highlighted in red above in the email below.

Quote
BFL Products Shipping Now
May 1, 2013


Dear Customer,

Shipping of our BitForce SC ASIC miners has begun!

You may have seen news reports of our ASIC miners in the wild and some of you may have already taken delivery.  It's all true.  We're finally shipping.  You will receive your order as we work through the shipping queue .

If you didn't know, you can check your order status on our website. Log in by clicking here. Use the same email and password you set up your account with.

If you don't have your password, use the Lost Password function to create a new one.


So what took so long?

This third generation of our SHA256 engine was a complex multi-year investment in bringing the latest semiconductor technology to bitcoin mining.

Developing a fully custom 65nm ASIC processor is not a casual undertaking. In fact, the new products have improved mining speed by a factor of 72. This much advancement doesn't come easy and it's fair to say that getting here has been eventful.

The key issue has been the engineering related to accommodating larger power draws than expected. A good example is the Jalapeno product. It was originally designed to be powered by USB but now consumes the power of a small light bulb (30w).

Consequently the power regulator, enclosure, airflow and PCB needed upgrading to suit. Although we are *very* aware of the undesirable dynamics of any delay, we were nonetheless obligated to make these updates in order to deliver a reliable product at the expected performance.  The same adjustments have been made with all products in the lineup.  You can see the adjusted product cases in our currently posted product lineup.  (The Mini Rig case will be double shipped to satisfy their orders which is why we've run out Mini Rig enclosure stock).
 
Final confirmation is required

Please be advised that due to the adjustments described above, we need your confirmation prior to release of your order into the final build queue and on to final delivery.  It may also be a good time to review your purchase altogether relative to the bitcoin market as this is the last opportunity to do so.  If your order is not confirmed, it will be canceled and your money will be refunded.
 
Thank you for your support and we wish you great satisfaction with your product!
7465  Bitcoin / Hardware / Re: Butterfly Labs just sent me an update e-mail! on: August 10, 2013, 09:32:47 AM
Account server is overloaded at the moment.  I would wait awhile before trying again... you have plenty of time, it's not like your orders will be canceled today or anything.


Ironically, supposedly the server was overloaded due to all the people wanting to make sure their orders weren't canceled. Today, even more people visit their site demanding just the opposite, yet the server is working just fine.
7466  Economy / Scam Accusations / Re: PROOF: BFL used ALL pre-order moneys for development of their Bitcoin Miners! on: August 10, 2013, 08:47:42 AM
Quote
I have quoted the mail order rule a lot on this forum, if BFL is not in violation of the rule I will suck a goats dick!

You wait till I'm done, bud! Ever since Maria left, I've learnt to love goat dick. <note goat is not capitalized, though they probably taste the same>
7467  Bitcoin / Hardware / Re: Butterfly Labs shipping 300 units a day on: August 10, 2013, 06:54:58 AM
BFL 2nd-gen pre-order model....wait for it:

https://www.eliomotors.com/make-a-reservation/

I like the part where it states: Be a hardcore BeoFiLe!
7468  Bitcoin / Hardware / Re: YES, you can get a REFUND from BFL on: August 10, 2013, 06:46:18 AM

From what I understand, their account is already dead.

What makes you say this?

Someone posted in one of these threads that they tried to order using paypal and it didn't go through.

If someone wants to test, they'll certainly be able to cancel the order the next day.

Or make a phone call claiming that you tried to send a payment to BF Labs Inc. and it wouldn't go through. If true, the person on the phone will state that that account has been suspended.

Amazingly, anytime in the future if somebody were to Google Sonny Vleisides and Butterfly Labs, this post about suspensions will be at the top of the results.

What's even more amazing is that Josh hasn't been here lately to defend any of what's been said about BFL. Wouldn't a company worth their salt in a niche market that's the number one producer of a niche product for said niche market want to come to the number one forum that discusses the niche to clear up misinformation in a civil manner? Yes, I know, civil is a stretch, but I was reaching out to the guy donning a red nose.

And now for the guy who loathes images...






Mr. Peeples was the only guy in the world that ALWAYS gave 100% no-questions-asked refunds.
7469  Bitcoin / Hardware / Re: YES, you can get a REFUND from BFL on: August 10, 2013, 06:20:59 AM
I'll bet you a BFL jalapeno* they have no balance in their Paypal account...

It took several days for my refund to process through PayPal, which I believe meant the PayPal refund had to be funded from their bank account.  My order was a small one, so the PayPal account had to be almost completely empty.

Of course I waited until the refund cleared before starting this thread.  Cool

As a seller who has unfortunately worked with a buyer using stolen credit card, I can tell you that the refund is not contingent on them funding it.

They will get a bill from Paypal for each person who gets a refund from a 0 balance account.

This is absolutely correct. PayPal will definitely shut down an account after the first time they are no longer able to claw back from a bank account. And the only way they won't be able to do that is if the bank account is closed with the funds transferred to another bank or...wait for it...converted to Bitcoin, readied for a clean getaway come September 16, 2013, the day after Sonny Vleisides' probation period is slated to end due to him fleecing millions from the elderly for his 15 year running lottery scam.

It's a shame the corp is in his step dad's name, Chris Vleisides. Or is it? The only way to know for sure is if the last four digits of the SSN match Chris V. or Sonny Chris V. on the incorp papers.
7470  Bitcoin / Hardware / Re: Incoming Avalon News 8/9/2013 on: August 10, 2013, 03:49:30 AM
I am DISGUSTED by most replies here. Almost all comments here are about missing ROI and the like. Hardly anyone mentions the terrifying times that team Avalon and their family went through and probably still are.

It's just GREED all the way.

Imagine you are a bright young man, with some bright friends, able to make a unique product that brings in millions and then you, your team and family found yourself in the crosshair of <fill in your local mafia>. All of you would take CARE OF YOUR FAMILY and would have to put your CRM on halt.

Yes, I am a customer of Bitsyncom, machines and chips.
Yes, I am waiting for some chips, but I will never let greed take over.
Yes, I will buy again.

Call me stupid, call me an idiot, but at least I am still decent.


Just catching up and wanted to add a little input here.

Zhou Tong once expressed fear for his family even though to this day there's not one shred of information available on the internet linking to a single one of his family members.

Yifu should consider himself lucky that my nemesis du jour dons a red nose.
7471  Bitcoin / Hardware / Re: Incoming Avalon News 8/9/2013 on: August 08, 2013, 10:31:22 AM
"I'm not dead." TM - Yifu
"2 more weeks." TM - Josh


Where are the products we ordered and when are they going to be delivered?

"I'm not dead."TM - Yifu
"2 more weeks."TM - Josh
"I'm not drunk!"TM - Tom
7472  Bitcoin / Press / Re: 2013-08-04 WSJ: Famed Trader Joe Lewis Backs Bitcoin (hoax) on: August 08, 2013, 10:18:10 AM
Phinn, do you peruse these guys manually or do you have some neat detective tool? because I truly admire your perseverance!

I paid closed to $20K for the program I use.

Our very own resident private eye! Let's see you scammers mess with us with this sort of power on our side! Cheesy

To show off its hashing power some more: http://news-by-design.com/who-invented-bitcoin/

7473  Bitcoin / Press / Re: 2013-08-04 WSJ: Famed Trader Joe Lewis Backs Bitcoin (hoax) on: August 08, 2013, 09:25:24 AM
Phinn, do you peruse these guys manually or do you have some neat detective tool? because I truly admire your perseverance!

I paid closed to $20K for the program I use.

Our very own resident private eye! Let's see you scammers mess with us with this sort of power on our side! Cheesy

I currently have it overclocked, and look what it spit out: https://twitter.com/neomammalian

Quote
NeoMam Studios @neomammalian

UK infographic design firm tweeting regularly about design, promotion, SEO, content marketing and whatever gets our heart racing.

Manchester, UK · neomam.com

I had to add a few more fans to the device last week to keep it Cool Running.
7474  Bitcoin / Press / Re: 2013-08-04 WSJ: Famed Trader Joe Lewis Backs Bitcoin (hoax) on: August 08, 2013, 09:15:00 AM
Phinn, do you peruse these guys manually or do you have some neat detective tool? because I truly admire your perseverance!

I paid closed to $20K for the program I use.
7475  Bitcoin / Press / Re: 2013-08-04 WSJ: Famed Trader Joe Lewis Backs Bitcoin (hoax) on: August 08, 2013, 09:07:35 AM
Here's Danny Ashton's Twitter account: https://twitter.com/dannyashton

I'm surprised he's not following a single Bitcoiner.
7476  Bitcoin / Press / Re: 2013-08-04 WSJ: Famed Trader Joe Lewis Backs Bitcoin (hoax) on: August 08, 2013, 08:50:16 AM
https://twitter.com/frankieterrier

Quote
Andrew Laurus ‏@frankieterrier                           5h[ours ago]

received today communication from #joelewis lawyers Alston & Bird LLP Atlanta / re:Phoenix fund will postpone comment until matter settled.

Quick! Somebody pass me a towel. I'm about to cum.

how can you sue someone...who doesn't even really exist  Huh

Exactly!

Here's another account where FT changed his name. A quick search for M16LTD will show that he expressed himself the same way Mo Azeel did on his Twitter account, but later deleted the posts.

http://www.youtube.com/channel/UC7HHcVq2RHglh0bTGZNktBA?feature=c4-feed-c

7477  Other / Off-topic / Re: Moral Dilemma. ATM machine gave me $600 instead of $500. Should I call bank? on: August 08, 2013, 08:05:15 AM
Maybe the ATM programmer is beta testing to dole out $500 worth of buying power next month. Come September, it may take $600 to buy what $500 buys today.
7478  Other / Off-topic / Re: Does anyone know how I can insert a flash video in the post? on: August 08, 2013, 07:59:33 AM
Not possible. Take a screenshot of the video player and insert that as a linked image with http://tags.

Here's an example:





The code for that is:
[ url=http://www.youtube.com/watch?v=vjb9tb7EU3s][ img width=540]https://i.imgur.com/mfO9P.png[ /img][ /url]

Then it will open in another tab unless you set your computer up to open links in another window which you can resize and nest it in the post area, pretending...
7479  Bitcoin / Press / Re: 2013-08-04 WSJ: Famed Trader Joe Lewis Backs Bitcoin (hoax) on: August 08, 2013, 04:47:09 AM
https://twitter.com/frankieterrier

Quote
Andrew Laurus ‏@frankieterrier                           5h[ours ago]

received today communication from #joelewis lawyers Alston & Bird LLP Atlanta / re:Phoenix fund will postpone comment until matter settled.

Quick! Somebody pass me a towel. I'm about to cum.
7480  Bitcoin / Hardware / Re: Incoming Avalon News 8/9/2013 on: August 08, 2013, 04:42:00 AM
Epic Thread Post!  Grin
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