Butterflylabs Huge SCAM

[charleshoskinson]

Not at those price points.

[polrpaul]

why previous FPGA buyers are still not asked to send their units to be replaced with ASIC, within their exchange program.
This made me think they are not legit all the time, even they showed some vids and pics.

... Because they are not ready to ship Singles yet.. Only a few Jalacrapos are being shipped at this point in time, and that is not an upgrade path for FPGA customers..

[BitGlory]

They are legit and sheep their products.

http://launch.avalon-asics.com/

[jeffp86]

Why would anyone want to purchase a product from a company where their employees (Josh aka Inaba) is spending his whole time sitting on a forum defending himself and calling everyone an idiot and trying to be witty insulting everyone that challenges his.

link?

[birdbrainz]

*mail fraud felon on parole running company

Holy CRAP is this true?!?!?

That's huge...

[cetern]

With thousands of dollars you can make all the videos and pics you want.

Make that millions

*mail fraud felon on parole running company

Holy CRAP is this true?!?!?

That's huge...

From everything I've read, yep.

I expect they will ship all the orders... eventually.  When the ouput BFL ASICs have been massively devalued by the difficulty spike from other actually shipping ASICs coming online.

[smiths8]

on a big scale with the current BFL hardware why dont they mine it themselves ?

[cetern]

on a big scale with the current BFL hardware why dont they mine it themselves ?

Indeed, they should've followed the ASICMiner model and sold shares in their own mining operation.  They claim they won't pre-mine before shipping devices, so as to not increase the difficulty any further, and QA check will occur on Testnet, but I'm not sure how anyone can verify that.

[cdog]

Personally I dont trust the company at this point and if I could go back in time to Dec/Jan and buy BTC rather than preorder BFL I would in a heartbeat.

I have a lot of dough locked up with them and I would have made a small fortune just buying BTC at that price.

But at this point, having a relatively decent order #, I cant really ask for a refund now. But its VERY tempting.

Im just gambling that they do come through and ship, and I make my investment back, even if I dont profit or lose a little, well, OK.

[Syc0]

I feel for those who are still waiting to get their rig shipped. Just watching the prices go up everytime must hurt, knowing that you could have been mining a shitload if they'd been honest and ontime >.<  I do hope they ship, as the value of litecoin should go up nicely one everyone moves to LTC mining

[jjodwald]

I'd like to believe them but I don't. Too many questions and too many people waiting imo. I hope for you guys I am wrong.
Cheers!

[pro-bitcoin]

Something with a goose and eggs... but..

I did not order any product myself, but I really think that they will ship out some time. The big mistake that they are making is that they do not inform the buyers at all. because of this everyone is going to speculate.

[RHWN]

DIY Is the best way to go imo, and its fun to build :p

[giveaway]

OMFG i almost fell for it. i feel like such a idiot thanks dude 

[hopelessinvestor]

good point.

[Hoco]

only conspiracy theories

[dcore]

I don't personally believe they are a scam, but I'm too afraid that if I purchased now they wouldn't be relevant by the time they actually shipped. The future is hard to predict...

[martinkou]

They've shipped their ASIC Jalepeno recently... doesn't look like a scam anymore.

[bitbrandon]

Is there even an ETA on these things? My friend bought one of their jalapenos and we're all wondering if he will ever get it.

[BitshireHashaway]

And you kids will be the ones crying after everyone else is mining 1TH/s.

+1

Then I'll buy one then and be mining at that speed too like everyone else. I'd rather take the risk of potential lost income by waiting then giving them the money and losing it all.