I am aware that most pros and wallstreet experts out there are laughing and saying Bitcoin will never get its own ETF but I'm certain they will get it based on what I think is really happening behind the scenes. I had a very interesting conversation with a Bitcoiner in-the-know in New York today, and I can confirm the above. There is a major, major (did I say major?) announcement due out within a couple weeks (not BFL weeks) that should no doubt increase the exchange rate significantly. I wish I can say more, but I won't, for if I did, the cat would be outta the bag as to who I spoke with, thus figuring out what's in stored. Needless to say, I'm bullish!
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Anyone who buys these is an idiot.
I totally agree. I feel sorry for all people who bought last year but who buys now must be a sort of Darwin Award candidate. 1359 transaction numbers since Saturday morning.
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offtopic: Bitpay are not deserving of any pedestal [yet, anyhow]...
They held on to ~USD$5000 of mine, refusing to send it either back to me, or on to the merchant. The situation was resolved, with fulsome apologies, after I made it clear I was going to tell everyone at the London BitCoin Meetup about my experience. Bitpay were sticking to "we don't need to talk to payers" attitude, the merchant was helpful, but reasonably said it wasn't really their problem and there wasn't anything they could do.
I need to emphasize that I did get multiple apologies in the end, and I think Bitpay eventually got to the point where they realised it might be worth looking at their policies that said it was okay to sit on other peoples money for days and days, and be dismissive and untruthful with the person who's money it is. I will use Bitpay again, but I will be damn sure that the transaction is 100% 'ordinary' first.
Bravo! See how it all works out? BitPay has a special relationship with BFL, and now both are making sure that fellow bitcoiners are as happy as possible will all Bitcoin transactions, for it was us, loyal bitcoiners, and no longer monumental assholes, that have springboarded all the now successful Bitcoin-based enterprises. My eyes welled up when I penned the above. Keep up the fine wook BFL. Unless...
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Speechless... I just hope Bitpay won't die from that, as they are about the most useful service around, in my opinion (and I sent a message to kongregate.com to check into them for allowing btc payments 2 days ago ) BitPay will be fine, and I'm sure that they're just happy to be able to provide the service to fellow bitcoiners and BFL, thus allowing all of us to once again play nice with each other.
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I have nothing to add, just read my posts in this thread. I'll describe the whole process in one post as soon as I reach my PC.
UPD. So the whole process with timeline.
Monday. Requested the refund by email. Told them I was aware of their "sales final" policy and still insisted the refund. Told them I would file complaints to BBB and AG. Asked for refund via the same method the order was paid, i.e. bitcoins. Wednesday. Sent a copy through BFL online contact form. Sunday. Filed online complaints to BBB and AG Kansas. Enclosed my invoice from BFL. Tuesday. Received a reply asking for my BTC address. Gave one. Received email stating they had asked BitPay to refund. Received BTC.
Once again, both payment and refund are payed at fixed USD price. Invoice is in USD. Amount of BTC in both cases is determined by BitPay's instant rate.
This is excellent news that BFL is once again honoring all refunds: https://bitcointalk.org/index.php?topic=279173.0
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I have nothing to add, just read my posts in this thread. I'll describe the whole process in one post as soon as I reach my PC.
UPD. So the whole process with timeline.
Monday. Requested the refund by email. Told them I was aware of their "sales final" policy and still insisted the refund. Told them I would file complaints to BBB and AG. Asked for refund via the same method the order was paid, i.e. bitcoins. Wednesday. Sent a copy through BFL online contact form. Sunday. Filed online complaints to BBB and AG Kansas. Enclosed my invoice from BFL. Tuesday. Received a reply asking for my BTC address. Gave one. Received email stating they had asked BitPay to refund. Received BTC.
Once again, both payment and refund are payed at fixed USD price. Invoice is in USD. Amount of BTC in both cases is determined by BitPay's instant rate.
Since BFL isn't too concerned about the BBB since they are already rated an F, and the AG of Kansas is a mute issue since Josh is on record in stating that BFL has yet to be contacted by ANY government official, applying the same maths that Butterfly Labs uses in their correspondence, i.e. 2 + 2 = [ ], it's now a foregone conclusion that BF Labs Inc. is most definitely honoring ALL refund requests, payable via bitcoins simply by asking for it. If this is not the case, though I have reason to believe that BFL will now honor ALL refund requests, they then should be considered scammers because they should not be allowed to choose between whom and whom not they should be giving refunds to, for it would set a bvery, very, very an extremely bad precedent. Excellent job, Team BFL! I apologize for all I've stated about your slimy ass in the pass, unless...
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Apologies for starting this thread in the wrong section, for obviously this is where I should have place it:
Meta ~ Discussion about the Bitcoin Forum
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[10:37 PM] grnbrg : Order #? [10:37 PM] grnbrg : Or PM it to Josh. I still find it odd that grnbrg asked for an order # then seemed to correct himself and stated to ask Josh (paraphrased).
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No, that confirms that you're an idiot. It also confirms there is an "edit shout" button in the shoutbox.
But I wouldn't expect you to understand simple concepts like an "edit" button or anything, since advanced concepts like general understanding of the world around you are so far beyond you as to be laughable. By all means, continue to show what a moron you are.
BFL_Josh : I think I hit hte wrong key when I was replying and it sent as him... not sure how that's possible
Really? An edit shout button? The button you supposedly didn't know existed until after you had to explain your sock puppetry? First a 2 month delay in Monarch 3 days after you announce it, then you get caught with a sock puppet. What is that? Josh Zerlan trying to pretend that he edited the clipboard after a control+c? Priceless. I honestly don't have a clue as to how he is trying to pawn this off as an error, given... [10:37 PM] Mouth-Full-O-Earth : Josh, I have the negative bal problem [10:37 PM] grnbrg : Order #? [10:37 PM] grnbrg : Or PM it to Josh. [10:37 PM] Mouth-Full-O-Earth : getting it... [10:38 PM] Mouth-Full-O-Earth : Ok, I've passed that along for the devs to look at it [10:38 PM] Mouth-Full-O-Earth : Also there is a discrepancy in the math between the order status and the invoice which I have figured out the cause of [10:38 PM] Mouth-Full-O-Earth : it is the handling of the 25% discount [10:39 PM] Mouth-Full-O-Earth : and the order status does not include the 10% transfer fee [10:39 PM] Mouth-Full-O-Earth : order number 100071932 [10:39 PM] Mouth-Full-O-Earth : oh- sorry didn't mean to send twice [10:40 PM] tom999 : no more order for me and cant combine and 10% fee [10:40 PM] BFL_Josh : . [10:40 PM] BFL_Josh : I've passed that along for the devs to look at it [10:40 PM] Mouth-Full-O-Earth : thanks [10:41 PM] polrpaul : [11:38 PM] Mouth-Full-O-Earth : Ok, I've passed that along for the devs to look at it [10:41 PM] polrpaul : [11:40 PM] BFL_Josh : I've passed that along for the devs to look at it [10:41 PM] grnbrg : A note from Josh prolly carries more weight. [10:41 PM] polrpaul : I just thought it was peculiarly same language [10:42 PM] BFL_Josh : I think I hit hte wrong key when I was replying and it sent as him... not sure how that's possible, but it also copied his order number into my text box. MFOE posted first with: [10:38 PM] Mouth-Full-O-Earth : Ok, I've passed that along for the devs to look at it Then Josh posed with: [10:40 PM] BFL_Josh : I've passed that along for the devs to look at it Should it have been the other way around to have Josh's reasoning make sense?
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CrashX, you are trolling. You, or someone, made the fake screenshot. There was never a picture of an ext hdd case on BFL's website.
NOT FAKE: http://web.archive.org/web/20110819122117/http://butterflylabs.com/products/Also, from the FAQ page from the same date: http://web.archive.org/web/20110820030402/http://butterflylabs.com/faq/1. Are your algorythms, PCB’s or other products available for purchase separately?
Yes, our intellectual property is available for licensing to other chip manufacturers. In most cases we can also make our individual components available to you depending on your needs. So, what stops one of the owners of having another company on the dise purchasing produces from themselves--BFL? I did it with my Drywall company when I ordered a million square fee of drywall from one of my companies and sold the drywall to main company. Sonny, Josh, Jeff, Joe, et al. could easily have another company set up that we don't know about that is legally purchasing miners to mine bitcoins and we wouldn't be the wiser sans the increase of the hash rate/difficulty. If they are not doing it, then they truly are motherfuckin' idiots. Hell, the entity doesn't even have to be registered as a business just like most miners and pool owners are not.
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Excellent news! That leaves October and November to set up the news lines up for the Monarch run.
No worries, the lastest on the Monarch is that they will be delivering "for reals" starting in February and anything before that is small scale Luke-jr type bribes, so they've got some months extra for the set up. Time for another betsofbitcoin bet, guaranteed the infamous push payout. Now playing:
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If Mouth-Full-Of Earth is a Josh sockpuppet, he is literally the greatest long conman in history, IMO.
Please, I've met much better. He just has an unbelievably stupid audience. Well, if you say so. I would say the effort he went through to set up the MFOE account is pretty impressive if it really was a sock puppet. I'm not following you, MrTeal. The effort consisted of two mundane posts. An effort would consist of a dozen, albeit a lame effort.
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What... is your name?
What... is your quest?
What... is your favourite colour?
By the way, it would have been much cooler if you had said, "Sonny, you got some 'splainin' to do!"
To follow up, What.... is the air-speed velocity of an unladen swallow? With or without a payload?
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I don't know why you guys are gettng on Sonny, he said he'd be back to answer the questions: Thank you all for your comments... both positive and negative. I see many of our competitors in this thread pushing their agenda which isn't surprising but still, there are some very reasonable posts with deserving questions. Overall, I appreciate the public's reason for concern and I will return and provide answers. https://bitcointalk.org/index.php?topic=110868.msg1210400#msg1210400Just because it's been eleven months since TO THE DAY that he assured us he'd be back to answer all the questions... why you are worried? The reason I'm worried is that if Sonny Vleisides did come back to answer the question, I would have one less thing to bitch about, thus it's to my best interest that he remains silent.
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