The USD:BTC rate remained bound within a historically narrow $90-$120 range for the period preceding HF taking orders.
That's one reason why nobody thought to clarify the then seemingly unlikely "what if BTC goes to $1 or $1000" scenarios.
The other reason was that common sense and contract law make it obvious that an item priced in USD will be refunded on that basis, and not on any exchange rate that never remains constant.
Whether you paid for your $6800 ASIC in Euros, USD, BTCs, or gold coins, there was never a reasonable basis to expect a refund equivalent to anything but the $6800 price.
Expectations of HF refunding any different amount, EG BTC worth $68 or $68,000, were never reasonable nor had any basis in common sense, much less contract law.
So what you're saying is, the promise "if you buy Baby Jet for 51 BitCoins today and it does not ship, you will be refunded the 51 BitCoins you paid" was a flat out lie? I agree with you! [Back in the wild,wild west.] I'll pay you 1 ounce of gold for your daughter. Not the one with a bad hip or a training bra, only the one with D cups (anachronistic references, I know) and child bearing hips. 2 months later.... I have no wife! Thats it, where is my ounce of gold?! (The merchant response...below this line) "Well sir, technically you gave up your ounce of gold and it was worth 3 lead bars at the time of exchange. Now it is only worth 2 lead bars. We technically only accept lead bars, therefore you will be refunded 2 lead bars." Hey I don't want any lead bars just my ounce of gold! "Sorry sir, we actually converted it into lead bars, so lead bars is what you'll get." Fine, take those two lead bars and buy 1 ounce of gold and then give me that back. "I am sorry sir, those 2 lead bars aren't worth 1 ounce of gold. So we cannot do that." Wait, for God sakes, you said it was the same equivalent! I just want what I have given you for a wife... "Thats the market sir, not our problem." (Sounds familiar?) |
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Is the API down for anyone else? (BTC-e)
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There is (an old and persistent bug) to report. The site (or the browser) seems to experience a malfunction when using the lines drawing tool. I know this has been reported before in a past page. It wasn't resolved back then. The issue sporadically prevents the use of the drawing lines tool on charts. Sometimes it takes up to a day for it to resolve itself. Logging in and out sometimes does not resolve the issue. See below:  I am using the latest chrome version available. Previous Chrome versions had this problem. The issue also appears in IE 9+. |
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@ bitcoinwisdom
I noticed that you show Houbi BTC/CNY rates in USD.
Question, how often do you update the live exchange rate between USD and CNY?
I have a realtime conversion set up for charts in Tradingview and I noticed that your BTC/CNY in USD rate is usually off the actual rate. I assume you only update the USD/CNY rate daily?
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Any hack/workaround to make the alarms work in the andriod browsers? (Tried various browsers but none made any sounds)
--Dolphin
--Chrome
--Built in Browser
The compatible is improved, now it works on the mobile browsers which doesn't support audio loop. It now works on my samsung android phone (built-in browser). But it fails to work on my tablet with Chrome or dolphin. |
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There is alot more refunds in the pipeline before customers get their "justice".
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Any hack/workaround to make the alarms work in the andriod browsers? (Tried various browsers but none made any sounds)
--Dolphin
--Chrome
--Built in Browser
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Feature Request:
Make the alarm feature compatible with chrome for andriod.
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Is that hashing at 350GH/s? Is only one die working?
Well, they didn't want nuclear criticality to take place. They wanted to play it safe. |
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....Which just means they did everything by the book. (minus the offering the "bitcoin" wording all over the box)
It does sound like you intend to use those machines for commercial applications...so now you have to bite the bullet.
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Do we know when the cards are due to be sent out or are they stalling as they don't have the chips to put on them?
Son, they don't have the chips or the board. |
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So - yes, I am looking forward to what chip BFL comes up with... And test results are proving to be quite interesting:  LOL that's not a test result, that's a marketing graph silly!   Posted for the purposes of discussion. Original graph has been edited to add some detail based on the rough numbers being posted in the graph. Anyone know of a water loop that can handle more than 400 watts and which is also being employed by BFL in their products? |
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I believe I know what is wrong with the Monarch.
It is so unbelievably fast, that it caused an error in reality. Therefore, the bug in reality has cause a looping error of "Two Weeks".
Currently the error in reality is being debugged by experts in the field of "deb-U-ggery". Please stay tuned to your local quantum flux forecasts.
[Email me if they start commenting out the statement "Two Weeks". You know, to prevent a very visible error at the very least.]
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No, its not luck. (So sorry, no high probability for getting a supermodel GF, hate to burst your bubble  ) Sonny has been warned by his "supervised release" judge that his company smells like fraud and if more cases will be won against BFL he will go back to jail. He will be under court supervision for the next two years. He only narrowly escaped going back to prison earlier this year, as he had to appear before a judge. BTW did you know BFL had at least 16m$ in Paypal preorders alone? yeah ...not sure how that shakes out I was told back in the day just after paypal stopped refunds is they stopped them because bfl was out of cash and they canceled any new paypal with bfl that was last fall i think?...not sure if that means they burned thru 16 million in refunds this last summer/fall including the with in 45 day folks at that time? (possible i dumped 1/2 in time 180gh ...it is the last 1/2 that took a year that drove me to fits) Nah, from reading in between the lines, back in late March/April 2013 BFL alluded to the idea that they were refunding PayPal orders via Paypals "send payment" option. If that was the case...and I believed it was back then....they seemed to be [speculation] circumventing the regular refund method with a substitute method on their PayPal merchant account. Very likely to keep PayPal from noticing/flagging a huge number of refund requests by PayPals standard accounting practices. Was it a very good plan to circumvent the quality control and safeguards at PayPal? (If that was indeed the case?) Anyway, I then exposed/proposed that "IF" this were ever the case, it was indeed crafty...but with one fatal flaw. It would expose BFL's own customers to an incredibly temptation of "double tapping" the refund window. In effect, a BFL customer could see it as BFL having sent them a sort of "freebie" payment out of the blue while still leaving the customer with the open option to still initiate the process of ordering a valid refund request via their control panel. Hence, possibly opening the door to a sort of PayPal induced pandoras box. I said as much back then. I recall a very irate Inaba/Josh started attacking me for even mentioning such a possibility. He seemed adamantly concerned about my mentioning of it. Strangely, shortly thereafter, very strangely...PayPal and BFL had an apparent confrontation. Its difficult to pierce the veil of what happened. I can only guess BFL saw some kind of unknown influx of "proper" refund requests that suddenly made PayPal pounce on their merchant account. Strangely, PayPal seemed to ask BFL to come up with tracking numbers for their customers. (I know the deal since I have undergone that too). There was a bit of a toss up from customers around that time, many bemoaned sudden influxes of fake tracking numbers that didn't actually show anything. Who knows what that was about?  Then, if you read in between the lines and speculate on what bled through, apparently BFL was also asked by PayPal to show proof that they had either A) Hardware or B) had a working prototype. ----------------------- Very surprisingly, the first hacked together, barely functioning (and far over spec) prototype popped up just then. Mystery mystery. Of course, it was a piece of crap that looked like it was about to blow a fuse. On April fools I believe they "delivered" a prototype to one of the Bitcoin developers. By delivered, I mean neither shipped nor actually leaving the development facility. Apparently a delivery only in name (and affixed to a metal board surrounded by testing equipment @ Butterfly Labs.) I recall they also just barely missed having to pay a 1000 BTC bet by minutes by protesting that to constitute a shipment to a customer. [??] ----------------------- After the apparent 45 days you'd expect Paypal to have given. Things went south with PayPal. Their account was likely suspended and they couldn't seemingly take in credit card orders through PayPal from what I could glean. Further passing comments seemed to indicate that at least Josh wasn't happy about Paypal. They started a rather false campaign to create illusions that they had reached a shipping stage. (And hence no one could ask for refunds anymore) In all that hoopla they [I felt] literally tricked people into signing away their agreement that they were in it for the long haul. I warned folks but too many idiots fell openly for it. Too bad for them. When they came to realize they had just agreed not to get a refund poof, they were screwed. And shipping was still months away. People (later helped by a fellow Bitcointalk member) to discharge funds from (what I can only assume) was a frozen account with an unknown number of dollars. A number of people got their money back. Then the account apparently ran dry. The rest is history? I've mentioned before in threads that I'm lucky he is a convicted felon...or I'd be soooooo out of luck...i doubt the class action would have got me a refund by itself ..the combo of the two is my guess of course "miracles' require no proof...the act of 'faith' is enough .so who is the saint of bitcoin miners? ....seems they came thru on bfl customers heh (hmm we need to take a vote...move this to a 'higher plain of argument"....obviously divine intervention IS involved! Searing Nah. But it would be nice if it were. |
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So...
HashFast no longer has a pulse?
Is Amy going to get a job at BFL now?
Did the attorneys hit HashFast where it mattered or is it too soon to call them a poorly run scam?
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I'm OK with that...
Now I have boards made but there is again a problem with them. Since we skipped test to get them done ASAP(it would take at lest one week more) it looks like one of the components is incorrect. Still didn't find what that components is...
It's probably the ASIC... |
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More chances for him for a BTC refund. No, the chances are exactly the same. Maybe slighter lower, since that if BTC goes to zero a mining company will go there as well. What i love is how i won't be able to hear their "800% windfall" bs. They will talk about "200% windfall" and it will be even more evident to everyone how full of shit they are. Posted from Bitcointa.lk - #ej10dPBAiSvJYkX8I have bad news, it is going back up! Fook! (jinx) |
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What I have learned from BFL.
You can accept pre-orders, set a great sounding schedule for delivery and then never really [reasonably] attempt to keep it.
You can keep your customers waiting for several years and hold their money too.
When you see someone say something that is certifiably true, you just simply lie, but lie loudly. Then, hope they are enough idiots in the room to fall for that lie and continue on as if nothing happened.
=============================
What I have learned from HashFast:
Well, they didn't use the BFL playbook effectively. They don't have the charisma when they lie or can't play the bullshit factor effectively.
They also don't appear to know how to craft a sales contract....but by God they will sure keep trying until they get it right!
They also have the sales folk with huge wangs displayed on the internet. Possibly to compensate for the lack of finesse.
==============================
Perhaps the AntMiner folks can be convinced to take a huge amount of pre-orders (at a steep discount) for actual machines that hash today? Wait, would BFL Josh take a whole slew of pre-orders from HashFast for their crappy miners? [or vice versa?]
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Yes actually. When you make a pre-order and then expect immediate shipping you are being unreasonable. If you want immediate shipping, don't pre-order. It's simply amazing how many people fail to understand how to do that.
No one has ever been forced to pre-order mining gear. If you don't like it and everything it implies, don't do it. Easy.
if i respond with intellect to your comment do i get 'welcome to ignore'? LOL here is my response. Josh, I have BFL equipment mining at home and it's very reliable (although i've swapped the fans because my missus likes a quiet office room) so .. i expect you are likely to get some ridiculous comment about how awful you are or something like that (i haven't read further than this post atm). You and I both know the game we are in, and often things happen out-with out power. I can understand this. response(most have on ignore ): i see preorder as the means to an end for both consumer and provider. in my previous comment, which was totally far too intellectual for some, i remarked that if I waited long enough for a mango to fall off a tree, someone would come along and swipe my mango before it fell. this is the market we exist within and simply because "we have been butt hurt - boohoo" this is not a viable reasoning to dismiss viable companies who are going far and beyond the reasonable market statistic to ensure the hash-power of bitcoin mining is spread (does anyone remember, or even care about this?). summise: being delayed by one promise, should not make you lack trust. it is only the worst of us, who expect others to perform to the abilities of our own expectations, when our own expectations are far and beyond reasonable allowance. I'm quite happy with the rig I have at home - i've kept up with difficulty and I mine around 1BTC per month. it's cost me a sum, but i'm an enthusiast, not a day-trader. I enjoy bitcoin and don't expect to be able to 'rape it' ahead of anyone else. I'll take what I can get and I will enjoy some of it, spend some of it and speculate on some of it, for the future. thanks. The only people I have on ignore are the ones who are incapable of making cogent arguments and post the same thing over... and over... and over... and over... without any regards to facts or reality. This basically amounts to a handful of trolls who are either failures in their own (Bicknellski, et al) or whiny trolls who haven't had an original thought in years. Otherwise, I respond to people with the ability to communicate like adults. Your mango reference wasn't lost on me I pretty much agree with everything you've said so far... so I'm sure that makes you on the ignore list of the people who like to put their hands over their ears and yell "LALALALALALALAA" so they don't have to hear the truth. Inaba, your lawyer is on line 2. Could you please not ignore him? Gee, he seems agitated, something about "WTF, you expect miracles and with these bullshit practices..." or something like that?  |
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