Bitcoin Forum
May 28, 2018, 12:13:26 AM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 
   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 ... 175 »
  Print  
Author Topic: Butterflylabs Huge SCAM  (Read 375396 times)
underminer
Full Member
***
Offline Offline

Activity: 210
Merit: 100

Not for hire.


View Profile
October 03, 2012, 04:05:28 PM
 #61

"I'm a muppet of a man."

-The Muppets

Keep your bitcoins my .02 are free.
No Gods or Kings. Only Bitcoin
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1527466406
Hero Member
*
Offline Offline

Posts: 1527466406

View Profile Personal Message (Offline)

Ignore
1527466406
Reply with quote  #2

1527466406
Report to moderator
1527466406
Hero Member
*
Offline Offline

Posts: 1527466406

View Profile Personal Message (Offline)

Ignore
1527466406
Reply with quote  #2

1527466406
Report to moderator
1527466406
Hero Member
*
Offline Offline

Posts: 1527466406

View Profile Personal Message (Offline)

Ignore
1527466406
Reply with quote  #2

1527466406
Report to moderator
ninjaboon
Legendary
*
Offline Offline

Activity: 1820
Merit: 1000



View Profile WWW
October 03, 2012, 04:06:09 PM
 #62

i see their ads all over google and fb.

ryanAC
Member
**
Offline Offline

Activity: 111
Merit: 10



View Profile
October 03, 2012, 04:12:17 PM
 #63

I like their logo...  I hope my Jalapeno comes with a sticker or something!

Domain registration with Bitcoin! http://www.namecheap.com/?aff=46859
brezle
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
October 03, 2012, 04:40:23 PM
 #64

Someone wanna buy a Jalapeno as gift for me? :3

If i could afford, i would buy immediately one or more.

How much MHas/s/W do they have?
underminer
Full Member
***
Offline Offline

Activity: 210
Merit: 100

Not for hire.


View Profile
October 03, 2012, 04:42:30 PM
 #65

http://www.ratewall.com/cpics/05899dd0-358f-4617-8584-82335c031367_jeff-dunham-jose-jalapeno-.jpeg

sure

Keep your bitcoins my .02 are free.
ryann
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile
October 03, 2012, 06:06:51 PM
 #66

I emailed them and asked about dimensions and wattage etc etc. They didnt even bother responding to me. I find that pretty unprofessional. I was planning on buying a few singles but i have this feeling that they are going to deliver extremely late and this will be nothing but hassles involved. No proof of this and I hope thast not the case for people but thats my gut instinct on this one. Youll notice as the month ends they change those few words again to nearing the end of completion and sceduled to ship in December. How can you take preorders when they know nothing baout their own product? And i do love how they just increased the hash rate incredibly like its nothing.
SLok
Hero Member
*****
Offline Offline

Activity: 568
Merit: 500


View Profile
October 03, 2012, 06:56:11 PM
 #67

Sonny the CEO? Since when? Read up a little and stop repeating each others' bullshit.

WARNING! Don't trade BTC with Bruno Kucinskas aka Gleb Gamow, Phinnaeus Gage, etc Laundering BTC from anonymous sellers, avoid!https://bitcointalk.org/index.php?topic=649176.msg7279994#msg7279994 #TELLFBI #TELLKSAG #TELLIRS WARNING! Darin M. Bicknell, a proclaimed atheist, teaching at the Jakarta CanadianMontessori School. Drop your kids there at your own risk! WARNING! Christian Otzipka - Hildesheim is a known group-buy scammer, avoid! WARNING! Frizz Supertramp, faker with dozens of accounts here! WARNING! Christian "2 coins to see SLOk's" Antkow, still playing his little microphone...WARNING! Slobodan "Stolen Valor" Bogovac, faking being a ProfessorWARNING!Marion Sydney Lynn, google him, errr her, errr.. and lol
legolouman
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


Decent Programmer to boot!


View Profile
October 03, 2012, 07:41:27 PM
 #68

Sonny the CEO? Since when? Read up a little and stop repeating each others' bullshit.

Sonny is NOT the CEO, though he is a higher level executive in the company.

If you love me, you'd give me a Satoshi!
BTC - 1MSzGKh5znbrcEF2qTrtrWBm4ydH5eT49f
LTC - LYeJrmYQQvt6gRQxrDz66XTwtkdodx9udz
majorddf
Member
**
Offline Offline

Activity: 100
Merit: 10



View Profile
October 04, 2012, 02:46:37 PM
 #69

Quote
Making huge steps in short periods of time is against all known good business practices

Steam Locomotive -> Diesel/Electric Locomotive

Propeller -> Jet

Wired Telephone -> Mobile/Cell Phone

Dial up -> Broadband


Yup massive and sudden jumps forwards in technology is totally unheard of and bad business practice.
squeept
Full Member
***
Offline Offline

Activity: 154
Merit: 100


View Profile
October 04, 2012, 03:08:52 PM
 #70

It's not even a jump forward in technology. It's making use of existing technology in a field where it wasn't used before.

If these "ASIC IS A SCAM!" people have a vested interest in trolling people out of buying ASIC hardware, then more power to them. I don't have the stomach for pretending to be an idiot to make a few extra dollars. However, I really think most of these people are being honest. They ACTUALLY don't believe ASICs exist for ANYTHING, let alone that they could be made for bitcoin.

I have a degree in computer engineering, but what do I know? I guess that class I had in college about VLSI design was just a bunch of lies. Only Intel and AMD have ever produced an integrated circuit.

Sure, any of these companies could be a scam, but designing an ASIC is honestly a trivial matter for a properly funded company employing a handful of properly trained, mildly competent engineers. Calling a company a scam because of shady business practices is one thing, but calling the company a scam SOLELY because they claim to be producing an ASIC, as if it's some sort of mythological creature nobody has ever seen, is outright ludicrous.



Another thing driving me crazy currently:

"I know what an ASIC is!" then five minutes later "so will I be able to use it for other purposes besides bitcoin?"

I'm just going to keep repeating "it's an Altera HardCopy" because I haven't the slightest clue what I'm talking about.
majorddf
Member
**
Offline Offline

Activity: 100
Merit: 10



View Profile
October 04, 2012, 03:29:25 PM
 #71

Quote
Calling a company a scam because of shady business practices is one thing, but calling the company a scam SOLELY because they claim to be producing an ASIC, as if it's some sort of mythological creature nobody has ever seen, is outright ludicrous.

+1

Quote
"I know what an ASIC is!" then five minutes later "so will I be able to use it for other purposes besides bitcoin?"

+2

I like the cut of your jib sir.
firefop
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


View Profile
October 04, 2012, 03:44:51 PM
 #72

It's not even a jump forward in technology. It's making use of existing technology in a field where it wasn't used before.

If these "ASIC IS A SCAM!" people have a vested interest in trolling people out of buying ASIC hardware, then more power to them. I don't have the stomach for pretending to be an idiot to make a few extra dollars. However, I really think most of these people are being honest. They ACTUALLY don't believe ASICs exist for ANYTHING, let alone that they could be made for bitcoin.

I have a degree in computer engineering, but what do I know? I guess that class I had in college about VLSI design was just a bunch of lies. Only Intel and AMD have ever produced an integrated circuit.

Sure, any of these companies could be a scam, but designing an ASIC is honestly a trivial matter for a properly funded company employing a handful of properly trained, mildly competent engineers. Calling a company a scam because of shady business practices is one thing, but calling the company a scam SOLELY because they claim to be producing an ASIC, as if it's some sort of mythological creature nobody has ever seen, is outright ludicrous.



Another thing driving me crazy currently:

"I know what an ASIC is!" then five minutes later "so will I be able to use it for other purposes besides bitcoin?"

+3

Also I think that just about winds up the thread.

ryann
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile
October 04, 2012, 04:11:41 PM
 #73

Not one of you know anything about this so why are you all commenting saying BFL is a scam or not? Can anyone prove anything here? No. Time will tell. I dont think they are going to run off with peoples money. But I do think that most people are going to get theirs in the summer of 2013. IF you think otehrwise you;re silly. Look at their marketing and their promises of delivery. They keep getting pushed back. Then when people start wondering what does BFL do? Thast right the increase hash rates by 50% for the same price. When things are too good to be true they usualy are. Hope you guys get what you;re looking for.
Yogafan00000
Sr. Member
****
Offline Offline

Activity: 314
Merit: 250



View Profile
October 04, 2012, 04:28:06 PM
 #74

I hope BFL is not a scam, 4th post

1YogAFA... (oh, nevermind)
firefop
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


View Profile
October 04, 2012, 08:42:09 PM
 #75

Not one of you know anything about this so why are you all commenting saying BFL is a scam or not? Can anyone prove anything here? No. Time will tell. I dont think they are going to run off with peoples money. But I do think that most people are going to get theirs in the summer of 2013. IF you think otehrwise you;re silly. Look at their marketing and their promises of delivery. They keep getting pushed back. Then when people start wondering what does BFL do? Thast right the increase hash rates by 50% for the same price. When things are too good to be true they usualy are. Hope you guys get what you;re looking for.

I can prove that BFL has shipped product in the past.

The thing is --- the type of technology they're developing isn't cutting edge... its old. Nobody bringing 'state-of-the-art' tech to the table. Not as it relates to computer science as a whole. We've got 23nm silicon being grown now... BFL is making what... 90 or 120?

The point is, it's not like they're trying to compete with Intel or AMD for the "fastest" chip ever made. They're bringing tried and true tech to a market that's never had an asic before. It's a first step.

I'm betting that we'll see all pre-orders shipped before the end of 2012 - and the skeptics will be wishing they'd taken the risk.




BobbyJo
Sr. Member
****
Offline Offline

Activity: 358
Merit: 250



View Profile WWW
October 04, 2012, 09:37:35 PM
 #76

I agree.  They nwill start shipping before the end of the year!  Then we'll see how many pre orders there were and how many compalints from those that didnt buy in and are priced out of mining when the difficulty goes up by 10x!

coincollectingenterprises
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile WWW
October 04, 2012, 10:30:44 PM
 #77

I may not be very knowledgeable on this subject from a Bitcoin economy standpoint.

However, consider this view: Reward for bitcoin mining about to be halved. Need for new machinery to have a stronger hashrate to increase you reward comes at the same time. Introduction of new machinery makes older machinery relatively obsolete. New machinery costs a significant amount more forcing prior miners to purchase new machinery to attempt to keep up or to move on to a different bitcoin product.

The timing is just intriguing to me regardless of intentions.

http://www.coincollectingenterprises.com (http://www.coincollectingenterprises.com)  for Copper Pennies, .999 Copper Bars/Punchings, Nickels, Silver Coins
referral link: Advertise on your site to earn free BTC or share shortened links for BTC (https://coinurl.com/index.php?ref=98e3634e43f78726621cb378e1a0ef85)
wh00per
Hero Member
*****
Offline Offline

Activity: 564
Merit: 500



View Profile
October 05, 2012, 12:08:18 AM
 #78

Timing is good as such for BFL to make more sales. If they release them now, before the block reward dropsm they won't hit the whole market. There are still people outthere with enough graphic cards to render data for a 1h movie in 12 seconds ..  Half of the reward will push any dedicated miner to retire their GPUs when the ASICs are shipping  .. eventually. Also, longer waiting helps BFL to get more money for promises (i.e. preorders). Why hurry?

CSA/cUL Certified Power Distribution Panels - Basic, Switched, Metered. 1-3 phases. Up to 600V. NMC:N4F9qvHz11BHcc4nh1LCJFsrZhA1EWgVwj
QuantumKiwi
Sr. Member
****
Offline Offline

Activity: 322
Merit: 250



View Profile WWW
October 05, 2012, 12:51:06 AM
 #79

Its a scam, run some good history on the company then boom - hit a fake product and people latch onto it and run, they pay, they tell their friends and they pay too.

Then the CEO does the runners, or BFL gets hacked...

Just wait for it Smiley

Starting your own website?
CLOUD Hosting from $4.95/0.05BTC!
Richy_T
Legendary
*
Offline Offline

Activity: 1344
Merit: 1000


1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k


View Profile
October 05, 2012, 10:11:19 PM
 #80

Its a scam, run some good history on the company then boom - hit a fake product and people latch onto it and run, they pay, they tell their friends and they pay too.

Then the CEO does the runners, or BFL gets hacked...

Just wait for it Smiley

+1. I'm not sure that this is a scam but if it is, I suspect that the devs/other employees at BFL will be among the victims.

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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 ... 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!