Either a good scam or legit. We will see tomorrow i guess. We are a well established Hungarian company (Kft) with local store and pickup available, phone support, no pre-orders or holding the customers money for weeks/months. We are a Hungary based company, started developing this project in 2012 June, finished it without ANY pre-order money at all.
Now the units are ready to ship, or to be picked up locally.
localhost:~ $ whois bitasic.com
Whois Server Version 2.0
Domain names in the .com and .net domains can now be registered
with many different competing registrars. Go to http://www.internic.net
for detailed information.
Domain Name: BITASIC.COM
Registrar: DYNADOT, LLC
Whois Server: whois.dynadot.com
Referral URL: http://www.dynadot.com
Name Server: NS1.DYNADOT.COM
Name Server: NS2.DYNADOT.COM
Status: clientTransferProhibited
Updated Date: 27-jun-2012
Creation Date: 27-jun-2012
Expiration Date: 27-jun-2013
>>> Last update of whois database: Sun, 03 Mar 2013 22:50:52 UTC <<<
The Registry database contains ONLY .COM, .NET, .EDU domains and
Registrars.
Domain Name: bitasic.com
Registered at http://www.dynadot.com
Registrant:
Edi-Green Kft.
Edi-Green Kft.
Futó u. 16.
Budapest, Budapest 1082
Hungary
Administrative Contact:
Edi-Green [b]Kft[/b].
Edi-Green Kft.
Futó u. 16.
Budapest, Budapest 1082
Hungary
primeasic@gmail.com
+36 19995748
Technical Contact:
Edi-Green Kft.
Edi-Green Kft.
Futó u. 16.
Budapest, Budapest 1082
Hungary
primeasic@gmail.com
+36 19995748
Record expires on 2013/06/27 UTC
Record created on 2012/06/27 UTC
Domain servers in listed order:
ns1.dynadot.com
ns2.dynadot.com
Companies using gmail addresses always pings my scamdar, but Edi-Green has been in business since at least 2011 at that same address. |
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Wasn't there someone mining on ozcoin last week who everyone assumed was either friedcat pointing some of ASICMiner's machines there or Avalon units coming online?
Anyone can claim to be that person, of course, but if you're local then I don't see what you have to lose by going and seeing a demo of the unit. As we've seen with other vendors, photos and/or videos aren't going to be regarded as "proof" by many.
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Both Canada and Japan have way stricter privacy laws than the United States so I would not be surprised if a Japanese company denying service to Canadian customers because the latter choose not to waive their privacy rights to a level below that of both Canada and Japan is against the law in both Canada and Japan.
You realise a private company can refuse to do business with you for pretty much any reason which doesn't violate human rights agreements? They're well within their rights to stop servicing North American (or any other) customers, to change their ToS, to make all sorts of other changes you might not like. Your remedy is not longer dealing with them if you don't agree to those changes. |
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To the best of my knowledge this would not include any of the accounts related to Bitcoinica LP (In Liquidation).
I remember a discussion on here about how Zhou was able to open a MtGox account given that he was under 18 and I'm pretty sure his response was that it was because it was a business account. When Bitcoinica first started, it was operated under the umbrella of Xway Labs, which was set up in Delaware. Was a new MtGox account created for Bitcoinica when Bitcoinica LP was formed or appropriate paperwork provided to MtGox to establish that Bitcoinica was no longer "located" in the US? |
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The killer app for a Bitcoin exchange would be to give customers an account number they can use for ACH push transactions and direct deposit.
This would dramatically increase the risk of fraud. Banks spend billions of dollars on fraud prevention and detection and they still can't totally eliminate it but at least their deposits are insured. By comparison, Bitcoin exchanges are tiny and can only mitigate some risks by avoiding them altogether. Their deposits aren't insured and they don't have unlimited reserves to cover losses - as the Tradehill/Dwolla debacle showed. |
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The liquidator should be informed about the new deal between CoinLab and MtGox.
Both Tihan and Roger Ver are investors in CoinLab and if Bitcoinica's MtGox account is transferred to CoinLab, the funds will be in the US and therefore it will be very easy for the Cartmell plaintiffs to pursue those funds should they prevail in the California lawsuit.
Zhou's role in the downfall of Bitcoinica will probably never be fully examined. He's been protected throughout this whole clusterfuck to a ridiculous extent when his actions after the Intersango guys joined Bitcoinica deserve intense scrutiny. Given strong indications for him being involved in the MtGox intrusion, it's reasonable to examine whether he was connected in any way to the Rackspace intrusion too. It's rather galling that he's sitting on $70,000 worth of NameTerrific shares while average Bitcoinica users may still end up receiving no refund and he's not even named as one of the defendants in the Cartmell lawsuit despite the evidence linking him to the MtGox intrusion.
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I think he should sign pirate up to his service.
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I got the mail, sounds ok.  however this sentence sounds weird: Regular Batch #2 Customers - Unfortunately you are not special.Does this mean that we're going to wait for someone other that you guys from Avalon? It just means that devs and trade-in customers will have their units shipped before regular customers. |
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What was their response when you contacted them about this?
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Since he didn't say squat, I assume he's just torturing Batch 1 just to surprise the customers.. Kinda like how Satoshi dice 0 will scare you with a monkey.
https://i.imgur.com/KzY4tPF.jpg  w00t. Now if only they had wings so they could fly to their destinations. |
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2. NSW Dept of Fair Trading would not know about this as it is not a registered company here. If I was the owner maybe it would be but I am not. The whole concept behind it is that it promotes full privacy to all the members and anyone involved in the development. So I seriously doubt they would have even heard of it, nor could they do anything about it even if they did as it is not Australian based.
If it's based overseas, they'll just refer it to the ACCC. Both the ACCC's ScamWatch and NSW Fair Trading issue warnings about scams based overseas. It's probably not a good idea to associate the Soldiers Point address with the venture and be the one who makes all the posts on the website if you're going to try to claim that you have nothing to do with operating the Network Money Makers. |
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"To obtain membership clearance and participate in STAGE 1 you must submit your application along with a donation. "
pyramid, don't bother clicking.
GBBG (aka BitBillions) is an official non-corporation. What the fuck does that even mean? I think we should help David along with his ventures and get him some mainstream publicity on Today Tonight or A Current Affair. Oh, and as David is located on the Central Coast of NSW, I've helpfully contacted the NSW Department Of Fair Trading seeking their assurance that this is not a pyramid scheme. |
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And as for today we have 311850 customers (over 100k in the US)
Interesting. That implies that although the USD transactions account for much of MtGox volume, the majority of MtGox customers are located outside the US. |
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It's pretty annoying that Yifu's last activity shows him as online 5 minutes ago and yet no updates on the shipping of Avalon units have been posted. Bad news would be better than no news. Avoiding the question just makes businesses look sketchy.
Being first to market is pretty meaningless if you can't actually get units into the hands of those who've ordered.
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I was under the impression that their overly complex 1/3 plan was for first month orders only, wasn't the little single introduced much later anyway?
Yep, but some people upgraded from Jalapenos to Little Singles, so the 1/3 upgrade thing applies because you hold your original order date when you upgrade. No new Little Single orders will ship in the first batch, though. BFL will produce X number of units per type (Jalapeno, LittleSC, SingleSC, Minirig SC) (We do not yet know how many X will be).
We will then ship:
1/3 of X number of units to those that ordered NEW orders.
1/3 of X number of units to those that ordered UPGRADED orders.
1/3 of X number of units will be randomly selected, based on order number, from all the orders received between June 23rd 2012 and July 22nd 2012.
For example, if we have 27 units of Jalapeno's, 18 Units of Single SC and 9 units of MiniRig SC, we would ship:
Jalapeno:
9 units to people who made orders for new equipment, starting with the lowest order number.
9 units to people who made orders for an upgrade for the pack of Jalapeno's coming from a Single.
9 units would be shipped to a randomly selected set of order numbers placed in the first month of pre-orders.
Single SC:
6 units to people who made orders for new equipment, starting with the lowest order number.
6 units to people who made orders for an upgrade from a Single, starting with the lowest order number.
6 units would be shipped to a randomly selected set of order numbers placed in the first month of pre-orders for the Single SC.
Minirig SC:
3 units to people who made orders for new equipment, starting with the lowest order number.
3 units to people who made orders for an upgrade from a Minirig, starting with the lowest order number.
3 units would be shipped to a randomly selected set of order numbers placed in the first month of pre-orders for the Minirig SC.
The numbers above are all hypothetical and we have not determined the actual quantity that will be shipping in the first batch. We are still assessing how many units we are able to assemble per day and how many we will have already assembled and tested prior to our first shipment.
Some people wonder why we are doing it this way. We are shipping it this way, instead of piecemeal because the first people to receive BFL ASIC technology will have a decided advantage for a maximum of 2016 blocks. We want to avoid giving preferential treatment to any given segment of the mining community, providing a level and fair playing field for as many people as possible. We also want to distribute our technology as widely as possible so that no single entity can gain a potentially threatening amount of hashing power that may lead to an abuse of the bitcoin network or blockchain.
** Since the "Little" Single SC unit is a new product, not included in the first preorder phase, all SC orders up to and including orders placed on September 30th, 2012 will be assembled and shipped prior to shipping any NEW orders of the "Little" Single SC. UPGRADE orders will be shipping in the order received for your original order that you upgraded from, 1/2 for FIFO and 1/2 random from all orders. Yes, it's overly complex. |
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Ideally, they should build units so that roughly equal order numbers/order dates are reached by the different product lines.
That's probably not going to work either, if any significant amount of mini-rig orders were placed very early. As you said, the little single didn't even exist when pre-orders first opened. If you go solely by payment dates, it's possible that the whole 5,000 chips would be exhausted before a little single order was reached, so the only hope someone with a little single would have of receiving their unit in Batch 1 would be if their order was selected in the "lottery" where place in the order queue doesn't matter. By adopting the 1/3 shipping plan, they've committed themselves to building at least some little singles. I don't think there's any "good" way for BFL to do this. I think they realise this and it's one reason they've been reluctant to say how they're going to handle this issue. There's going to be a backlash no matter how they decide to handle it. I think that FIFO is how they should have handled it - even if it meant that the majority of the first 5000 chips went to mini-rigs - but sticking with the 1/3 shipping plan has needlessly complicated things, especially given that batch 1 is so much smaller than originally envisaged (it was supposed to be 12,000 chips). |
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Now we wait to learn how many of each unit BFL will manufacture from the first 5,000 chips. No matter what the answer, it's going to piss off some people.
BFL has committed to their 1/3, 1/3, 1/3 shipping plan for the first batch. I'm currently thinking the fairest way to follow this plan would be to split the chips into 3 the three groups and build whatever units are required to fulfill those orders. They have 4 units. It's possible (maybe even likely) that 5,000 chips won't even fill all the orders from the first batch. The third group isn't really a group as such - they'll just randomly fill orders from either the new order queue or the upgrade queue out of sequence. The likelihood of someone getting their order filled in the first batch of deliveries still depends on how many of each type of unit BFL decides to make. The "fairest" way would probably be to devote 1/4 of the chips to each type of unit, but this would mean only 6 mini-rigs shipping in batch 1, which would understandably piss off those mini-rig customers whose Batch 1 orders weren't filled and it's probably preferable to piss off a $1,300 or $150 customer than a $30,000 customer. 28 Feb 2013 Update
The ASIC team has been working all day on testing the various aspects of the chip. There have been no problems so far and all 16 engines hash properly at 250 MHz. Full range tests are scheduled for tomorrow to see how high we can the engines past 500 MHz (the nominal speed the chips are slated to run at).
No update on the bumping at the moment, but I should have one tomorrow as to the disposition of that. Usually when Josh says that he should have an update at the end of the week, no further information is available until the following week. |
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Selling your account is OK, but spamming isn't.
Can we at least require people to make a post telling us when they've sold their account? |
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