NEW info. Everyone is lying about ther ASIC project

[king_pin]

In my personal opinion there is something very stinky about BFL:
NEW info. BFL are the biggest liars it appears

• No certain delivery dates.
• No pictures or schemes or anything.
• Very limited information (actually there is no information on the ASICs).
• No one answers their phone.
• They answer your e-mail within 2-3 weeks.
• All their answers are with a maybe or possibly.
• I never got it why are BITCOIN payments preferred.
• The broke the law of e-bay - 2 months to appeal and ask for a refund with their 2 to 4 to 6 months delivery - maybe.
• They are a business registered in Massachusetts on the name of some Mexican woman.
• They are playing with millions yet their website is made with WordPress.
• Up to today no one has either seen, touched or heard their ASICs. (even remotely)

So what is your opinion, I personally believe that they are developing something but they are quite away from delivering it or with the given characteristics.
Some of my friends think that all of it might be a lie.

EDIT1:
So after 3 months this is what BLF has to say:
https://forums.butterflylabs.com/bfl-forum-miscellaneous/437-asic-update-26-november-2012-a.html

"fuzzy" date

Got to love that!

EDIT2:
FOUR months now, still nothing while other manufacturers, are posting pics of their real chips!

EDIT3:
FIVE months have passed and now it appears that all ASIC companies are lying.
AVALON are trying to make us believe that they shipped a week ago, but no one has received anything, and DEEPBIT blew it officially -    
DeepBit Reclaimer ASIC  
EDIT3: - HAHAHA HA ......7 months!!!

[1715102293]

1715102293

[solareclipse64236]

just wait, just 2 more months

[SgtSpike]

I don't see anything fishy, just a business that doesn't do customer-service very well.  You could have said the same things about their current-gen stuff before it was released too.

[pyrkne]

To be honest, (most of) the things you bring up are very legitimate concerns. When they come out, we'll know for sure.

Let us early adopters take the jump.

[jojo69]

• No certain delivery dates.

yeah, they fucked this up last time so they are reluctant to make promises this time and blow it again

• No pictures or schemes or anything.

they are literally sitting on a gold mine, that IP is going to be very closely guarded

• Very limited information (actually there is no information on the ASICs).

see above

• No one answers their phone.

see their FAQ

• They answer your e-mail within 2-3 weeks.

they answered my last email the next day

• All their answers are with a maybe or possibly.

see the first point

• I never got it why are BITCOIN payments preferred.

duh, they want to promote bitcoin

• The broke the law of e-bay - 2 months to appeal and ask for a refund with their 2 to 4 to 6 months delivery - maybe.

??

• They are a business registered in Massachusetts on the name of some Mexican woman.

because no Hispanic people live in Massachusetts

• They are playing with millions yet their website is made with WordPress.

and?

• Up to today no one has either seen, touched or heard their ASICs. (even remotely)

see point 2

[king_pin]

• No certain delivery dates.

yeah, they fucked this up last time so they are reluctant to make promises this time and blow it again

 - Exactly, they fu**ed up once so they are probably going to f**k up again!

• No pictures or schemes or anything.

they are literally sitting on a gold mine, that IP is going to be very closely guarded

 - If I have a gold mine and I am looking for inverters, I wont show the where the mine is, but I will give them pictures from inside the mine.

• Very limited information (actually there is no information on the ASICs).

see above

- So again if im sitting on a gold mine I wont tell where it is but I will provide geological data or something.

• I never got it why are BITCOIN payments preferred.

duh, they want to promote bitcoin

 - duh, cause with BITCOINS you may get away without returning them

• They broke the law of e-bay - 2 months to appeal and ask for a refund with their 2 to 4 to 6 months delivery - maybe.

??

- If you have bought anything on e-bay you will see that u can ask for your money back within 2 months, well BFL are telling me on e-bay that I can buy something with PayPal and they will probably maybe send it to me within 6 months. So again I cant get my money back - see above.

Now I can give such answers to all your replyes, but I understand your point, and that is exactly what I want to see who thinks what.

Somewhere someone sad that with Bitcoins it is Christmas all over again for the Pyramid and Ponzi schemes, old stuff that everyone knows but they seem to forget it when BITCOIN is involved - bear in mind Pirate40

[live627]

   

They are playing with millions yet their website is made with WordPress.

and?

His point was that it seems unprofessional and maybe even a rush job. But it works for them, it works well. Should it be changed?

[king_pin]

His point was that it seems unprofessional and maybe even a rush job. But it works for them, it works well. Should it be changed?

Yes I have always sad that if something works well it shouldn't be changed, so that maybe one down but it still remains a big list

[Unacceptable]

That isn't them on Ebay !!!

It's just some guy making money off folks that have no clue on how to buy the devices on thier own...............

You are talking about this,right???

http://www.ebay.com/itm/230826486809?ssPageName=STRK:MEWAX:IT&_trksid=p3984.m1423.l2649

[kjj]

• They are a business registered in Massachusetts on the name of some Mexican woman.

because no Hispanic people live in Massachusetts

This is incredibly common.  It doesn't mean anything bad.  All states require that a corporation list an agent with a physical address in the same state that is capable of accepting legal process.  Because of this, all states have companies and/or people that act as registered agents for various fees.  States with favorable corporate laws (Nevada, Delaware, North Dakota, etc) have tons of these agents.

Apparently it is a huge secret, because at least once a month I hear someone just learning about it and talking like they think it is evidence of something sinister.

[king_pin]

@Unacceptable
Actually i was told that they are selling on e-bay I never bothered to look if it was really them, but how can you be sure?

Apparently it is a huge secret, because at least once a month I hear someone just learning about it and talking like they think it is evidence of something sinister.

I learned about it a few months ago, but it just adds to the conspiracy theory
Funny thing is that their offer sound so good that even I would buy one if I wasn't in Bulgaria and I'd probably wait 1000 years for it.

[billotronic]

Not to say I know anything... but look at all the trouble the raspberry pi went through to come to market. Now, waiting for a 35 dollar computer vs a 1500 dollar money mill is different, but that is the price of bleeding edge tech.

[localhost]

I don't think it's a lie but I really don't like their PR...

[king_pin]

Well the vote is kind of split, maybe some more votes will help decide

[firefop]

I'll say this:

BFL acts like a small business (probably because it is one).

That being said, a couple of points:

It doesn't matter if you believe them or not, they have product in the wild.
That implies a customer base who trusts them to deliver a product, maybe not on time - but they are shipping orders.
BFL has chosen to capitalize on their brand by selling pre-orders on ASIC product plan to produce. It's safer than a speculative investment - you could always sue if they don't deliver the product or return the money.

Conclusion:

If they release an ASIC product first, it doesn't matter what that product is - if network hash rates increase by 5 or 10 times (potentially 40 times) then GPU mining becomes pointless. And you'll then be stuck with no way to earn. My advise is this, if you haven't jumped on the BFL bandwagon yet - do it now, order an fpga single and pre-order the upgrade for it. If another company produces an ASIC product, you should buy from them as well. The more developers making this hardware would be the best thing for growth of bitcoin longterm.

An Aside:

BFL has been very careful to leave the small independent miner a very cost effective way to get into ASIC mining - that $150 Jalapeno - affordable and it would will effectively gpu mining for a third of the cost to the miner. This shows that BFL is in fact hitching their company to the future of bitcoin.

So basically Jalapeno mining replaces gpu mining (probably will generate about the same as a high end video card or two after difficulty adjustments) -

Incidently, if the network hash rate goes 40 times - and the asic single hits numbers, it should be pulling in ~20 btc per month. And as long as they're earning themselves out in under a year... I'll be glad I pre-ordered.

[king_pin]

There is one thing I don't understand:
If I have posted this pool 1 week after their announcement the result would have been probably 100% sayng that they are lying.
Now after 2 months absolutely nothing has changed on the BFLs side, no info no previews, no news nothing at all.

So why is the trust in them growing?


It is called euphoria people starting to get excited and believing, and of course it is the sheep principle - people following the herd.
Even I am thinking about ordering one. 

[ashjam]

i just paid for two "warmer" units via paypal and email support for order number. A person named pegi replied saying the order number is the paypal transaction number . Did anyone get this same reply ?

[doubleganger]

The two I bought (at different times) had the order number in the email.

[BFL_Josh]

BFL has not and does not sell on eBay. 

BFL is not registered in Massachusetts ... not sure where that came from?  We are currently registered in Wyoming.

[ashjam]

The two I bought (at different times) had the order number in the email.

when u had order number ? what kind of number is it ?
 as in string of numbers like XXXXX ?