Bitcoin Forum
August 18, 2018, 03:03:09 PM *
News: Latest stable version of Bitcoin Core: 0.16.2  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 [25] 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 ... 175 »
  Print  
Author Topic: Butterflylabs Huge SCAM  (Read 376070 times)
roy7
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250


View Profile
April 20, 2013, 01:07:47 PM
 #481

Some rumors they have some kind of prototype working: http://bitcoinmagazine.com/bitcoin-developer-receives-first-butterfly-labs-asic/
Question remains of course if and when they will be shipping.

Apparently a couple have shipped to developers.

https://forums.butterflylabs.com/blogs/bfl_jody/131-asics-trickle-out.html
1534604589
Hero Member
*
Offline Offline

Posts: 1534604589

View Profile Personal Message (Offline)

Ignore
1534604589
Reply with quote  #2

1534604589
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1534604589
Hero Member
*
Offline Offline

Posts: 1534604589

View Profile Personal Message (Offline)

Ignore
1534604589
Reply with quote  #2

1534604589
Report to moderator
1534604589
Hero Member
*
Offline Offline

Posts: 1534604589

View Profile Personal Message (Offline)

Ignore
1534604589
Reply with quote  #2

1534604589
Report to moderator
Hei_
Jr. Member
*
Offline Offline

Activity: 42
Merit: 0



View Profile
April 20, 2013, 01:12:24 PM
 #482

http://www.youtube.com/watch?v=cnuodLiCGzY

!!!SIGSPACE FOR RENT!!!
ghostlander
Legendary
*
Offline Offline

Activity: 1118
Merit: 1011


No surrender, no retreat, no regret.


View Profile WWW
April 20, 2013, 01:31:59 PM
 #483

It's speculated that BFL have started to use the HW for themselves since the BTC rise a few months back. Maybe there are also some serious HW/SW bugs to catch and fix.

"If you've got a problem and have to spread some coins to make it go away, you've got no problem. You've got an expence." ~ Phoenixcoin (PXC) and Orbitcoin (ORB) and Halcyon (HAL)
derpminer
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
April 20, 2013, 01:55:06 PM
 #484

Ceo was a convicted felon for fraud.
There's no way he'll deliver.
teresabelek
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
April 20, 2013, 01:57:07 PM
 #485

that's why I think is important to always stay with one type of coin.
others are scams...
Dark3nedFaith
Newbie
*
Offline Offline

Activity: 9
Merit: 0



View Profile
April 20, 2013, 01:58:54 PM
 #486

I would never go for one of their ASICS without a proof of concept

LTC: LL2VhufKHbR3jixYn4YExQ138pBV9NJdxQ FC: 6kpsmjc6AUkj1vmfQS93njuMHXySZSyf6D
BTC: 1F3UW3NzdwzSCtXxxMLEpaexxCPPHMkzQ8
cardan2
Newbie
*
Offline Offline

Activity: 10
Merit: 0


View Profile
April 20, 2013, 01:59:13 PM
 #487

About BLF I find out few days ago, for me it's look like scam, they take money and give only promises
greene63
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
April 20, 2013, 02:06:13 PM
 #488

but there are also other coins that look like scam.
mainly the give aways... :\
ghostlander
Legendary
*
Offline Offline

Activity: 1118
Merit: 1011


No surrender, no retreat, no regret.


View Profile WWW
April 20, 2013, 02:18:12 PM
 #489

BFL have delivered FPGAs in the past. They also have some kind of a trade-in program. We'll see.

"If you've got a problem and have to spread some coins to make it go away, you've got no problem. You've got an expence." ~ Phoenixcoin (PXC) and Orbitcoin (ORB) and Halcyon (HAL)
cusdog
Jr. Member
*
Offline Offline

Activity: 50
Merit: 0


View Profile
April 20, 2013, 02:34:13 PM
 #490

The main issue, for me atleast, is the overriding question as to why they don't just run their products themselves? Surely their cost of capital is not so high that they can't finance construction without customer deposits and capture a nice spread as their mining produces fantastic returns?
roy7
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250


View Profile
April 20, 2013, 04:15:33 PM
 #491

The main issue, for me atleast, is the overriding question as to why they don't just run their products themselves? Surely their cost of capital is not so high that they can't finance construction without customer deposits and capture a nice spread as their mining produces fantastic returns?

You could use same logic with Avalon, and they have shipped. Hardware companies make hardware.
digicoin
Legendary
*
Offline Offline

Activity: 1106
Merit: 1000



View Profile
April 20, 2013, 07:03:48 PM
 #492

Anyone had their product in hand?
master.yoda
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
April 20, 2013, 09:02:52 PM
 #493

Constant pushing up delivery date = don't know what we're doing. They may legitimately wish to sell asics but they don't know how to engineer them as evident by weekly updates stating there some new problem with the chip or the board they didn't anticipate.
saneczki
Jr. Member
*
Offline Offline

Activity: 57
Merit: 0



View Profile
April 20, 2013, 09:19:17 PM
 #494

Mayby they are working but for Yuorself for Yours money. They will say we will shipping in next month.. next next next = never.
owenprescott
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250



View Profile
April 20, 2013, 09:23:36 PM
 #495

Cryptocondom BFL protection pack


https://bitcointalk.org/index.php?topic=181562.msg1897484#msg1897484

Extended protection for those taking out pre-orders with BFL.
Evo
Newbie
*
Offline Offline

Activity: 22
Merit: 0


View Profile
April 20, 2013, 10:47:01 PM
 #496

Thanks for the info, guys. I'm glad I didn't end up ordering.
tuckertz1992
Full Member
***
Offline Offline

Activity: 155
Merit: 100



View Profile
April 20, 2013, 10:52:20 PM
 #497

So glad I saw this thread, I was looking to invest in one of these - Looks like I'll go back to saving up for the hardware myself and building a better rig. Just need to save, which will take time... Sad

New Bitcoin Miner - If i've helped you, please donate: 15G6Zm6rAJu6ME5BQqX9GXGwGLgzC9Mboc
thebadplus
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
April 20, 2013, 11:13:04 PM
 #498

Confirmed:

butterfly labs is a scam.  They have no real product, and I'm quite sure they have no intention of developing one.

ooeygooeygold
Full Member
***
Offline Offline

Activity: 427
Merit: 100


Borderless for People, Frictionless for Banks


View Profile
April 20, 2013, 11:19:46 PM
 #499

yea looks like a huge scam to me

T r a x i o n                              TRADE AND EARN DURING PRE-ICO
TRANSITIONS YOU TO A CRYPTO-READY SOCIETY        Pre-Sale starts April 15, 2018
GITHUB     TELEGRAM     MEDIUM     FACEBOOK     TWITTER     REDDIT     YOUTUBE
n.montross1
Newbie
*
Offline Offline

Activity: 13
Merit: 0


View Profile
April 20, 2013, 11:36:49 PM
 #500

wow this is really surprising and just good to know that there are scammers like this out there and to be careful and beware.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 [25] 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 ... 175 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!