NEW info. Everyone is lying about ther ASIC project

[king_pin]

Another interesting thread!
https://bitcointalk.org/index.php?topic=126456.0;all

[rchapoteau]

There are usually working samples made before final fabrication to make sure you are getting what you want.  I would imagine that they should have at least 1 working prototype right now ...

They don't have a working prototype. They already admitted that.

I know, and that's the thing that is the most worrisome about the whole thing.   Hopefully they don't have any issues with assembly.

[Frizz23]

Hopefully they don't have any issues with assembly.

At least not yet

At the moment they have problems with the chip itself (they also admitted this. finally, after tons of bullshit excuses). Hence the need for a rev2 (or even 3, or 4 ... who knows).

Problems with assembly can still come after that ...

[Rudd-O]

Well, that's capitalism. Take chances, win big or lose your money.

If BFL does have ASICs, then the people who put their money on the line in pre-orders are going to have a heyday when it first gets released and the difficulty hasn't increased yet. The people who decided to wait will still have a chance to mine, but not until after the difficulty has ramped up.

If BFL doesn't have the ASICs... well. That's highly unfortunate, but hey; you're working with experimental technology that works with a relatively experimental e-currency, you have to expect that things might not turn out according to plan. Invest at your own risk.

I haven't pre-ordered (Although I gave the Jalapeno some serious thought with the low starting price), so I think I'll see how it works when the first people begin to get theirs and think about it.

I don't think BFL's behavior is capitalist, nor is this affair a capitalist affair.  It depends, right?  If BFL ever delivers, then this affair was only a bad investment (I'll leave it to the finance experts to figure out why).  If BFL does not deliver, then this affair was an example of fraud.  Fraud is not capitalism.  Investments are.  So the jury's still out.

[Mytche]

I don't think they lied.  They are just making projections. 
Most new products without a large customer base are too agressive on their projections it seems.

[jcortez1594]

Hopefully we can see shipments start to go out between the 24th and 31st...if not, refunds on January 1st were promised to be available.

[repentance]

Hopefully we can see shipments start to go out between the 24th and 31st...if not, refunds on January 1st were promised to be available.

They've already said it's going to be at least another 30 days (whether that's when they expect the chips to be completed or when they expect to receive them isn't clear).

They've also said that anyone who wants a refund can have one now.

[jcortez1594]

Hopefully we can see shipments start to go out between the 24th and 31st...if not, refunds on January 1st were promised to be available.

They've already said it's going to be at least another 30 days (whether that's when they expect the chips to be completed or when they expect to receive them isn't clear).

They've also said that anyone who wants a refund can have one now.

Unofficial yet...but I was referring to "Assuming that date is correct, we would contractually have the chips in bulk no later than the 24th" on https://forums.butterflylabs.com/announcements/251-more-jalapeno-pictures-shipping-update-44.html

Thanks for the update was unaware of the change in refund policy.

[repentance]

Hopefully we can see shipments start to go out between the 24th and 31st...if not, refunds on January 1st were promised to be available.

They've already said it's going to be at least another 30 days (whether that's when they expect the chips to be completed or when they expect to receive them isn't clear).

They've also said that anyone who wants a refund can have one now.

Unofficial yet...but I was referring to "Assuming that date is correct, we would contractually have the chips in bulk no later than the 24th" on https://forums.butterflylabs.com/announcements/251-more-jalapeno-pictures-shipping-update-44.html

Thanks for the update was unaware of the change in refund policy.

10 December update.

After talking with our liaison tonight and still having not received a final confirmation date, we were as tired of this as everyone else is, so we continued to push for a date and they gave us 30 days from today.

https://forums.butterflylabs.com/bfl-forum-miscellaneous/519-10-dec-2012-bfl-asic-update.html

From Jody's blog regarding refunds.

If we have extended our date beyond your ability to stick with us, we at Customer Service are ready to refund money for those who want to get out of the line.

https://forums.butterflylabs.com/blogs/bfl_jody/55-so-we-get-have-holiday.html

[king_pin]

Damn, even I didn't believe that BFL were a scam, but it more and more seems that way.

[Silverbug]

Hmmm I hope this doesn't completely blow up in their faces.

[tidus3]

damn I was thinking about preordering the jalapeno

[smoothie]

just wait, just 2 more months

LOL GOIN ON 4 MONTHS NOW. HINDSIGHT IS HILARIOUS! 

[firefop]

just wait, just 2 more months

LOL GOIN ON 4 MONTHS NOW. HINDSIGHT IS HILARIOUS! 

As you'll recall - I said it would be march at the earliest. I'll be pleased if they show up any sooner than that.

[BFL_Theo]

I see that we all are a little Disappointed but lets all just put a smile on, every company's has hick ups so please everyone be calm, I'm sure this time everything will be fine.















NOT A BFL STAFF

[haorenzaoli]

It looks like a scam.

[bce]

Well at least we now know that the fab isn't in China, so no Chinese New Year delays.

[2GOOD]

Well at least we now know that the fab isn't in China, so no Chinese New Year delays.

That's no relief at all, the point is that we are 4 months away from advertised date.

[Inaba]

Just curious how the months of November and December add up to 4?  By my count, that is two.  Even if you include all of January, which is unlikley, that's 3.  So where does 4 come from?  Last I checked, 1 + 1 = 2 and 1+1+1 = 3.

[Gamesfreak13563]

I've been wondering whether or not it'd end up being profitable buying ASICs and what to get from them, or if it's better to just give up on bitcoin altogether. Would one Little SC be worth it? I don't want to wait ten months to make up all that profit