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941  Bitcoin / Hardware / [Archive] BFL trolling museum on: January 16, 2013, 06:51:01 AM

If the engineers are in on it, their professional career is dead, so the scam would need to support them for the rest of their life.
Can you name three BFL engineers?


Let me guess, you're thinking "if a random forum poster can't name three engineers, their careers are 100% safe if they're all involved in a scam and they know this".

He's probably thinking that if BFL are running a scam then they don't need to hire engineers with reputations that aren't worth losing for a big scam, or even any engineers at all.

If you could name three BFL engineers with reputations so solid that they would have a financial disincentive to take a share in a big scam rather than continue lucrative careers then it would definitely give them a lot more legitimacy.

The only employees I am aware of are the convicted fraudster CEO and Josh, who is so extremely unprofessional it is beyond belief.

Three people on LinkedIn have Butterfly Labs on their profiles. None of them are engineers.

Something like that, yes.  I have never, anywhere, claimed to consider BFL a scam; since September last year, however, I have on several occasions done service to the community by pointing out that BFL seem to be a bunch of mostly incompetent and dishonest folks - at least those with public presence (Josh, Sonny, and "chips were not flawed" Nasser).

942  Bitcoin / Bitcoin Discussion / Re: a flaw in the 21 million BTC? on: January 16, 2013, 05:51:32 AM
I'll just repeat myself:

There will be a total of 21 million coins. With eight decimals on top of it, we have a total of 2.1E15 indivisible units of account. This is a big number, you know. To put it in perspective, the total of all gold ever mined in the history of humankind is about 150,000 tonnes, or 1.5E11 grams, or 1.5E14 mg of gold. Ever mined. There are fourteen times more bitcoin units than milligrams of gold ever mined. In current prices, one mg of gold is worth about four US cents.
943  Bitcoin / Hardware / [Archive] BFL trolling museum on: January 16, 2013, 03:13:30 AM

If the engineers are in on it, their professional career is dead, so the scam would need to support them for the rest of their life.
Can you name three BFL engineers?
944  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: January 15, 2013, 11:51:34 PM
At this moment:
945  Bitcoin / Hardware / [Archive] BFL trolling museum on: January 15, 2013, 11:33:41 PM
Also, people change...

Did any of you READ Sonny's write up about what happened?

I'm guessing no.


Yes, sounded like he maintained that he has always been a nice guy, had nothing to apologize for, and in fact was a victim of an evil government. People change, right.  A BFL engineer/executive Nasser then also chimed in, denying that Sony was a scammer, and in fact defending his past. Not even a tiny sign of remorse about the documented, well planned scam carried out by Sony. Inaba responded by derailing threads, offending concerned customers, etc. It is hard for me to believe that anyone would take BFL seriously or treat them with respect, not to mention giving them money for some future product.
946  Bitcoin / Bitcoin Discussion / Re: Crowdfunding for Satoshi to reveal himself on: January 15, 2013, 09:29:57 PM
What do you think of the idea?
How much money do you think could be raised?
Are there any technical difficulties?
Why would you spend time and money trying to collect funds and offering them to a person or persons who chose to remain unknown and move on with their lives?

Why don't you plant a tree, test the next release of the Bitcoin Client, help translate MultiBit, or donate to Bitcoin100? Or donate coins to archive.org?
947  Other / Beginners & Help / Re: Get Bitcoin When Client Is closed on: January 15, 2013, 08:59:57 PM
Similar questions are often asked by new users. Those who explain Bitcoin to others should make this clear early on in the conversation/writeup.
948  Bitcoin / Hardware / Re: bASIC not shipping / change of owership / refunds etc. on: January 15, 2013, 05:22:27 PM
Luke-Jr and regular, I see your point, but I disagree. I never considered pre-ordering ASICs, simply because it didn't seem to me like BFL or bASIC had the experience and ability to give it a try without much risk. Previously delivered FPGAs were a weekend hobby compared to the scope of delivering an ASIC. This involves serious engineering, know-how, project management, accounting and customer service, outsourcing,  coding. There was no way the likes of Inaba and Sony had what it takes to deliver within a reasonable time frame. In fact, I don't do business with those sorts of characters, even if they delivered i  the past. There was no way Tom had what it takes (for different reasons). Not sure about the Avalon and BitFountain teams - at least they each seem to have a team.
949  Bitcoin / Hardware / Re: bASIC not shipping / change of owership / refunds etc. on: January 15, 2013, 03:47:18 PM
got my chargeback today too.

Until BTC has more protection for buyers, I don't see myself ever buying any big-ticket items with them in the future.  It seems scams are just too easy.

Ah, the lost art of due diligence... You don't need "more protection" - you can protect yourself by treating bitcoins much like you treat cash. You wouldn't just go to a strange neighborhood and hand a couple of thousands of dollars to a hand sticking out from a hole in the wall, the wall having a spray-painted advertisement "will build and deliver advanced, customized, integrated circuits"...? Or would you?

Paying cash to the likes of Sony and Tom - even ngzhang and friedcat, who so far appear much more credible - based solely on the promise to develop and deliver a rather complex product.

The best way to protect yourself when paying cash and cash-like bitcoins is to do research. Get to know the project, get to know the people. Are they trustworthy? Are they competent? Are there any red flags?  Alternatively, just pay a nanny (credit card company) to take care of you: she will gladly do it for a fee. If you are smart, you won't even be paying the fee - they'll find less-then-smart customers to cover it for you.
 
950  Bitcoin / Hardware / [Archive] BFL trolling museum on: January 15, 2013, 03:25:21 PM
BFL never saw even one bitcoin from a customer.
This is fully under BFL control and how do they setup their account with Bitpay.

BFL creates an invoice for a price in USD
This statement does not correspond to actual situation:




Are you saying that, when buying online using a credit card, I am not paying in USD, but in "digits"? Because I need to type in my credit card number.

The product was clearly priced in USD. You didn't pay in bitcoins, you paid through bitcoin network - much like Visa network.
951  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: January 13, 2013, 10:27:11 PM
Do I have to do something special to receive such an e-mail... I've send a claim email long time ago and AFAIK GLBSE sent shareholders info too....
I suggest waiting a few more days, obviously they are still processing claims and sending out confirmations every day. Busy with engineering, too.
952  Bitcoin / Mining speculation / Re: A mining-software conspiracy theory on: January 12, 2013, 04:59:41 PM
Why should someone with the skills to program faster mining software not be able to profit from it?
Why the hell does he automatically get rid of this opportunity by sharing this with others .... ?

No one does or should do anything without taking a share for their work Smiley

I'm ok with that Smiley


There is more to life than this, son.
953  Other / Off-topic / Re: Computer Users to Disable Java (Important News) on: January 12, 2013, 04:26:24 PM
I never run Chrome with Java or other plugins active.

Won't that cause me to not be able to view YouTube videos?

You may be confusing Javascript with Java applets. Even Flash is not required for all youtube videos (but it is for many), just enable html5 at https://www.youtube.com/html5
 
954  Other / Off-topic / Re: Computer Users to Disable Java (Important News) on: January 12, 2013, 08:08:21 AM
Quote
Department of Homeland Security’s United States Computer Emergency Readiness Team (US-CERT) (1/10/2013)

A vulnerability in the Java Security Manager allows a Java applet to grant itself permission to execute arbitrary code. An attacker could use social engineering techniques to entice a user to visit a link to a website hosting a malicious Java applet. An attacker could also compromise a legitimate web site and upload a malicious Java applet (a “drive-by download” attack).

Any web browser using the Java 7 plug-in is affected. The Java Deployment Toolkit plug-in and Java Web Start can also be used as attack vectors.

Reports indicate this vulnerability is being actively exploited, and exploit code is publicly available.
955  Other / Beginners & Help / Re: Doesn't the fact that this thing was created by someone who can't be .... on: January 12, 2013, 06:19:25 AM
Great replies so far. ..... just checking -  not a gram of suspicion from anybody ?  

Suspicion of what? (I know, DannyHamilton beat me to it.)  The paper is there for you to read, and so is the code. Not just to read, but to build upon, improve it, ruin it, ignore it, use it. Lots of people have contributed to Bitcoin, before and after "Satoshi".

Let me ask you this: what would change regarding your and my use of Bitcoin if it turned out that "Satoshi" was a CS university professor? Or that he was a she? Or a shemale? Or a group of quants? Or employees of the Chinese government? Or former employees of the Chinese or Romanian or Irish Central Bank? Or a retired cryptanalyst and his 30-year old wife, who works for the Federal Reserve?  

Does any of this change anything in the source code and in various implementations the community is working on?
 
956  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: January 11, 2013, 02:31:39 PM
I have received a confirmation email with the correct addy and the number of shares. Thank you, friedcat, for cleaning up the GLBSE mess.
957  Bitcoin / Bitcoin Discussion / Re: Bitcoin will be at CES2013 (Official Thread) on: January 11, 2013, 02:23:26 PM
I wonder when Bitcoin-facing businesses, BFL included, will realize that conferences, trade shows, and such are an opportunity to introduce Bitcoin to the uninitiated, instead of wasting time preaching to the choir or staging incestoid incidents related to issues only bitcoiners understand. Specifically, BFL should have made their working FPGA the centerpiece, instead of the highly controversial, and in fact sensitive, topic of ASICs. Non-bitcoiners really don't give a damn, and we all just look stupid in front of them. Bitcoin looks stupid. Inaba and Micon are actually on the same team - the team that has been doing damage, no matter what their intentions are. I hope they realize this, and finally focus properly when it comes to public events. Public events - this forum included.
958  Bitcoin / Bitcoin Discussion / Re: The Bitcoin Decimal Problem on: January 11, 2013, 03:18:23 AM
I'm not worried about myself, I know math. I'm worried about grandmas who spent their whole lives doing money transactions to 2 decimal places.

Are you worried about Japanese, Kuwaiti, and Italian grandmas who spent their whole lives doing money transactions with integers?
959  Bitcoin / Bitcoin Discussion / Re: Anonymous networks and Bitcoin on: January 11, 2013, 12:08:20 AM
But the myth, aka perception, of anonymity seems to be more important to most users than the reality so the party rolls on .... for now.

This is 100% true.  Optimistically though, over time as BTC usage grows, there will be evolution, awareness, and workarounds to the privacy problems, similar to what has happened with cookie management in the browser.  In the same way that the first virus had to exist in order to justify development of antivirus products, I'd expect mixing clients and mixing services to really start flourishing once business intelligence companies develop and start publicizing sophisticated blockchain analysis tools.  People will demand privacy features once they start seeing demos of their wallet history and spending patterns being tracked and reverse engineered by people they've sent money to.


Again, most people don't give a damn. Such analyses are commonly done with today's credit cards, and vast majority uses them, without any mixing or similar services.
960  Other / Beginners & Help / Re: Please help me , Did i lose my bitcoins? on: January 10, 2013, 11:07:47 PM
thank you and thank you too sir above me , i checked it and it shows , waiting for my client to sync now
Since you are obviously just starting to use Bitcoin, would you mind sharing the first impressions? What was most confusing, frustrating, challenging? What was easy and obvious?
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