It just pisses some people off when they're outbid. Winning bid:US $187.50 [ 5 bids ] |
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A guy adds to a thread the same exact joke some other penned because he's addicted to naypalm.
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A boy goes to the drug store with his dad and sees the condom display.
Boy: "Dad, why do they do packs of one condom?"
Dad: "Those are for the high-schoolers for Friday nights."
Boy: "So, why do they make packs of three?"
Dad: "For the college guys for Friday, Saturday and Sunday nights."
Boy: "Then why do they make packs of 12?"
Dad: "Those are for married couples -- you know, January, February, March."
Good one!  Here's another joke: A man was pulled over for driving too fast, even though he thought he was driving just fine. Officer: You were speeding. Man: No, I wasn't. Officer: Yes, you were. I'm giving you a ticket. Man: But I wasn't speeding. Officer: Tell that to the judge! (The officer gives man the ticket.) Man: Would I get another ticket if I called you a jerk? Officer: Yes, you would. Man: What if I just thought that you were? Officer: I can't give you a ticket for what you think. Man: Fine, I think you're a jerk! Whereupon Officer Josh refunds the Man's ticket because he didn't want the courts polluted with his ilk. O.J. hands back the Man's DL and said, "Drive home carefully to your neighborhood of monumental assholes." |
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 I see ~120 priority boxes taped up and sitting on a dock. BFL could've easily taken a pic every single day since July 4, 2012, Full Production Day, depicting 100-400 boxes on the dock. Do they not realize how far showing such images would have carried them? They wouldn't even need to pay out one satoshi for advertising to garner more sales if they did such unless, of course, this was their biggest day ever in shipping, and Jody snapped that pic prior to having to change her underwear. Give or take 5, there are 134 boxes in this picture. I see what you did there! You added another box on each stack when are backs were turned. I counted 8, but now there's 9. Well played! I guess it's possible that 300 were shipped that day: ~134 via USPS; 134 to Joe's Data Center; The rest to undisclosed locations control by Josh and Sonny. |
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I would really appreciate being whitelisted. It's in place to prevent bots, spammers, and scammers. I'm none of the above and have a previous account that I no longer wish to be associated with. Going through this process a second time is not enjoyable.
Is anybody curious as to whom Lab_Rat's previous username was, one he has great reason for distancing himself from? |
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I'm no BFL lover. I'm a customer that has orders in the endless BFL backlog. My view, and I believe I've seen BFL posters say so on the BFL forum, is that all "pre-orders" became orders when shipments started. I think it's safe to assume whatever lock-box they may have had was legally cracked wide open. Ergo, nary a pre-order satoshi was spent prior to the pseudo-shipping of the Luke Unit, whereupon every last satoshi was immediately at BFL's disposal to do with such as they may, with the exception of obtaining readily available PSUs of which somehow BFL ran short of, although on December 14, 2012, Josh claimed that the warehouse was full of all parts needed to assemble the current backorders at the time. Yet, I even shown that that statement wasn't even true, for a shipment of PSUs from China was shipped to Sonny Vleisides' Walnut Street address. I'm not a detective, but imagine what a detective would reveal if they were privy to do such during their current investigation of BF Labs Inc. (Butterfly Labs). Morning, Jody. Anything new besides the calls I'm ignoring from PayPal, the FTC, FCC, NSA, CIA, FBI, them monumental assholes at BitcoinTalk, or that hooker I picked up in NYC? Nope! But Josh wants to thank you for the practice balloons you sent him... POP! I love that sound! Now, if you excuse me... |
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all this in bitcoin forum wow
where is the meme BTC >>> paypal, paypal sucks, bitcoin will kill paypal...... etc etc
so to get this correct for BFL case paypal is better payment solution compared to bitcoin
If BFL did escrow via John K., then Bitcoin + escrow would be a better solution than Paypal. If BFL did escrow, there wouldnt be BFL ASIC unit Sure there would have been, for Josh adamantly stated that no pre-order moneys were ever used in the development of their ASIC line, going as far as stating that if every single person requested a refund, it'll be honored--Honest Abe. The only reason BFL ended the refund period is that they went into Full Production mode on July 4, 2013, assembling and shipping 300+ units daily since. If that sentence is a lie, than Josh/BFL will be here to state otherwise, otherwise consider it gospel. Now, Monumental Assholes, open your hymnals to page 42 and sing alone with me "Blockchain of Ages". |
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Ok, I have another non-profit that is willing to accept bitcoin and I think meets our criteria. This one is very near and dear to my heart, as I am a very big supporter of what Food Not Bombs does. The FNB-Free Skool is an amazing place. It is a completely free learning institution and skill share in New Mexico. It is run by the founder of Food not bombs. They are a 501c3 They have, in my opinion, a very worth purpose. There domain is pretty new. Registered in April. But, you can chalk that up to this organization not giving to much of a shit about their online presence. http://www.fnb-freeskool.org/give.htmlThey will add Bitcoin donation links to the site. I just wanted to make sure this was ok with you before I pressed too hard. I didn't want to get them excited for nothing. What say you? I prefer to see the Food not Bombs site accept bitcoins since both sites are operated by the same good guy, Keith McHenry. Please open up this noble cause for further discussion, pro or con. ~Bruno Kucinskas~ |
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This one seems fine, as well. |
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And while I'm on a role, this is the next organization I talked to... The Epilepsy Foundation of Florida http://www.efof.org/They meet all our requirements. 501c3 Established org Established domain Very nobel cause They are willing to accept Bitcoin. The funniest part is, I've been having to deal with their treasurer in regards to integrating bitcoin. He's a financial advisor at his day job. He took the opportunity to ask me a crap load of questions about Bitcoin his CLIENTS have been asking him about. I think getting these guys to accept is a big win. Thoughts? This one is no-brainer. Would love to see them accept. |
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The didn't put the cash from past sales in a lock-box until they fulfilled those orders, instead they rely on ongoing sales to fund current operations, like 99.9999% of businesses. See my post above in bold red. Both statements can't be true. |
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Lesson learned: Never do business with an Asic manufacturer / miner assembler that has an open unending ordersheet. Not saying it won't rule out foul play but at least it shows a level of responsibility.
As someone else pointed out before (can't remember who but iwon't take credit for it) Yes they are shipping an undeniable truth but anyone placing new orders is buying a heavily back-ordered product. Seeing that it is backordered product than not refunding clients is utter BS. Josh has always said (someone find his quote as I'm too lazy to muck through months of mindless drivel from the guy) that BFL does not spend the order money until the item is produced or something along that line.
Well if you haven't spent it then give it the fuck back. Even if you did give it back anyways. It's the right thing to do not that good morals have anything to do with this company's management.
I found one such post you were too lazy to hunt (but glad to do it for you). It kills me to agree with Jutarul, but this is actually a pretty good way to measure it. The whole "If you bought BTC instead of XXXX device in YYY time, you would have made ZZZZ" is ludicrous and goes to show that the person making that argument does not understand how money works.
"Hindsight" wasn't my argument. BFL converts all BTC to USD, thus avoiding all currency risk. Buyers on the other hand preorder with BTC, and have their spent BTC sit in limbo until the product they purchase is finally delivered. True, BTC could have fallen instead of risen, which would have made those who have preordered much better off (and BTC did fall from $12 to $10.50 for a time), but this currency risk is taken on entirely by the customers. The decision to preorder a long time ago, which resulted from a huge opportunity cost, turned out to be a bad decision, but the main reason that decision was made to begin with was because BFL claimed that the delivery date was only a couple months away, i.e. BFL claimed that the currency risk would be smaller than it turned out to be. In the end, BFL was not affected, since it is not affected by BTC fluctuation due to holding USD, those who have preordered a long time ago have experienced a huge opportunity cost, and BFL is to blame. (If you think opportunity cost isn't a real cost, the extra $3,000USD worth of BTC that I have and that you don't says otherwise). Now, I'm not saying that this is something that BFL needs to repay to those who have preordered. Currency exchange risk is often unpredictable, and something those who preordered (maybe) likely expected. I'm just pointing out that delays that happen when dealing with two currencies that fluxuate against each other do have very real costs, begin just annoyed customers and whining on forums. By the way, it could have been MUCH worse if BFL had kept all their customer preorder funds in BTC instead, because if people asked for a refund, had BTC lost value, they could refund BTC, and had it gained value, sell it for the USD price equivalent and just return the USD, netting the BTC gains for themselves. It would have been an almost risk-free investment for them. BTW, did BFL mention whether they are still keeping customer's preorder funds in a separate account? Because until they start shipping products, that money is still technically Unearned Revenue, and does not belong to them. I'm assuming that's what they are doing, since they are an LLC, will have to file taxes, and will have to declare it as such, lest they bring the wrath of IRS auditors upon their heads. I guess I'm not understanding why/how you are applying this opportunity cost to only one side of the transaction, which then results in an unbalanced transaction. Yes, BFL is late and the opportunity cost is real, but it applies to both sides of the transaction (and thus cancels out). Saying BFL was not affected is the fundamental problem here - BFL is only not affected if the transaction is unilaterally applied to the customer and not BFL, which is not the case (as you point out in a later paragraph). BFL would have to hold on to the BTC and then issue refunds in USD for that to apply, and that is not what's happening. The opportunity cost that affects the customers also affects BFL. If we had held on to the BTC, we could have gained quite a bit (again, as you already pointed out). So yes, the opportunity cost is real in so far as "if someone had held on to the BTC, they'd have more USD value than they did before," but again that's only valid with hindsight, not with future predictions. If BFL had known that BTC was going to rise, BFL should have kept the BTC instead of the USD. Anyway, I'm rambling at this point... the take away from this is that the potential opportunity cost applies to both the customer and BFL and thus cancels each other out as providing an advantage to one party over another. To answer your question, yes we maintain preorder funds separate from expenditure funds.But there's another little nugget in the above. Notice Josh mentions that BFL doesn't not hold unto BTC. Odd! The $100K in BTC charity fund stems from the sales of miners and was not purchased en masse for the sole purpose of setting up that special fund. |
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I guess no one seems to wonder how a company can issue refunds of thousands of dollars of pre-order merchandise and Paypal never balks at it? See, Yajaira D Guevara, this is why you're so pathetic. You make statements like this. Who says we issue refunds of thousands of dollars? Your warped little mind? We get very little refund requests in the grand scheme of things. I know you desperately want it to be true that people are asking for refunds in droves, but it's simply not the case. This is why I know a large majority of the whiny brats that cry about BFL still maintain their pre-orders. Frankly, it wouldn't surprise me in the least if you had a stealth order yourself, just like Frizz, but until there's evidence of that, I'll give you props for being one of the few trolls who actually doesn't have a pre-order. You just go on advocating fraud there, Yajaira. You are a real stand up guy! Not only a liar, but a thief and fraudster as well, GG! I've just realized that I'm not the only person Josh Zerlan has called a liar and thief and fraudster. If I recall, he's even stated such about a handful other bitcoiners. This boy ain't right! |
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Re: Criminal proceedings against Butterfly Labs for fraud quote / translation "The case was closed. BFL had indeed refused to make a refund but after I reported the American trade supervision, BFL has refunded me the 15,000 USD back." Das Verfahren wurde eingestellt. BFL hatte sich zwar geweigert ein Rückzahlung zu leisten aber nachdem ich es der Amerikanischen Handelsaufsicht gemeldet habe, hat BFL mir die 15,000 USD zurück erstattet. https://bitcointalk.org/index.php?topic=255178.msg2846193#msg2846193This BFL debacle may be a textbook example of a self-fulfilling prophecy. I get a strong sense that BFL might've done a lot better in many aspects of their operation had they not been surrounded and bombarded by the clinically-suspicious and vocal crowd that is a staple of bitcoin. It's impossible to succeed in any project where your current customers are vocally and justifiably destroying your ability to get additional customers. No business succeeds without positive cash-flow from new sales. Equally or more blameworthy was placing sub-standard individuals to manage their early stumbles, and keep them there when things got ugly. BFL did have the technical capability and intent to design and market a viable ASIC device that could've made a lot of BTC for a whole lot of folks, but this never came to be. My point is that incompetent PR and execution on BFL's part, coupled with the barrage from unreasonably acid buyers irrevocably poisoned a business idea that did, in fact, have a real product behind it. This very damaging combination killed the money supply for BFL. The louder the cross-fighting, the less sales, less free cash to fix the issues, the more delays, the louder the complaints, the stupider the retorts....all the while, there was, in fact, a product to be had, but no extra money to address the inevitable wrinkles that come with the introduction of new technology. Let me see if I have this correct. BFL was able to secure VC prior to not having a working ASIC-based Bitcoin miner, but will have revenue problems due to not being able to procure an even much larger VC funding now that they've proven to the world that the bitches work and are in FULL PRODUCTION. What am I missing? |
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The first month may only represent a hundred or so miners.
It might be 10 little singles. It might be 1. BFL refuses to say how many units have shipped. That means it is an embarrassingly low amount. If it was a large number, they would be bragging (they post pictures whenever they have more than 20 units together in one place). Josh is furious at the naysayers on bitcointalk.org, he swears at them, insults them, draws pictures of them, and probably gnaws on his mouse while he types. Could you picture for a moment Josh refusing to post proof that BFL can do 300 units a day if it existed? Whenever BFL wants to post a picture of 50 units together, they could just hold shipments up for a few days. I'm just going to quote this for later use so I can laugh at k9quaint a little more down the road.  Don't want him and editing and deleting it at some point... I'm just going to quote this for later in case I ever need an extra and. |
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Just about 100.
BFL is broken. They don't have enough money to deliver the amount of devices from preorders quickly and hence they can compete with other ASIC companies gaining new customers to cover the financial hole under their feet. A catch 22.
I seriously doubt I will ever get my preorder.
Speaking of blowing through money, currently BFL is payout $17,500/wk in payroll alone. (35 employees X $500) Even at 22 employees for the past year since Josh has been on board, BFL paid out no less than $572,000 in wages. (22 X 500 X 52) With 60,000+ units ordered, and no proof that even 10K of them have been manufactured, Josh still has the balls to state that the backorder will be filled by the end of September. Josh wouldn't be in this mess if he hadn't opted to reward the temp assemblers with a cookout, serving up the horde of locusts, thus forever disrupting the shipping department  |
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Josh, sitting at the bar, is complaining about the worse mixed drink he's ever had, demanding a refund. The bartender informs Josh that since happy hour is over and that the establishment in now in full production, there will be no further refunds, whereby Josh retorts, "Wait till Phinnaeus hears about your piece of shit bar operated by a monumental asshole!"
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Sonny
I just heard Phineas' Head Asplode  Just passing through and... WTF! |
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What are you talking about?
If you put on your BFL spectacles, you will clearly see 10,000 boxes. I don't think they know how to count. (9x3x5=135 minus any negative space = ~120)
Three people can box 120 boxes in about 3 or 4 hours. Especially if it is the same process over and over again.
How many people work at BFL in the shipping department?
Now that BFL has shown positively that we is in Full Production, there will NOT be any more refunds unless you get it from PayPal, your CC, reverse from your bank, or via Bitcoin, but good luck with that one. Obviously, one can get a refund provided they're willing to jump through hoops to get it. Why don't we just honor refunds directly, you ask? Because anybody kind enough to help fund our now wonderful operation, affording the staff a comfortable livelihood, are monumental assholes. Period! Now, if you excuse me, it's almost noon, and I'm started to hear Josh whining, wanting his fooler. If he keeps this up, he'll need braces to correct his developing buck teeth. |
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