Butterflylabs Huge SCAM

[amytheplanarshift]

Scam or not, I ordered to jalapenos about 5 months ago and I am looking forward to receiving them.

[1714867617]

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[1714867617]

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[1714867617]

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[MooC Tals]

http://www.reddit.com/r/Bitcoin/comments/1c1jqd/butterfly_labs_may_be_scamming_us_all/

haha This shit keeps getting better. Check this out.

[InSpades]

I went to BFL's office today and had a brief conversation with Dave.  More or less Dave was polite in answering my questions, but definitely did not want me in there.  The conversation raised several red flags and did not inspire confidence in this company being able to deliver as advertised.  As a result of this conversation, my company has elected to seek out other vendors to meet our needs.

Some highlights for those curious:

July seems to be their new target month.

Their 1,500 rig is being redesigned physically.  It will have a new price (going up?) to reflect this.

[bitturbo]

I went to BFL's office today and had a brief conversation with Dave.  More or less Dave was polite in answering my questions, but definitely did not want me in there.  The conversation raised several red flags and did not inspire confidence in this company being able to deliver as advertised.  As a result of this conversation, my company has elected to seek out other vendors to meet our needs.

Some highlights for those curious:

July seems to be their new target month.

Their 1,500 rig is being redesigned physically.  It will have a new price (going up?) to reflect this.

What the heck. I thought some tester units had been sent out to ppl like codinginmysleep.

Figured they were finally entering the build and ship phase but I guess not. Seems they have a new target month every month.

[MooC Tals]

I went to BFL's office today and had a brief conversation with Dave.  More or less Dave was polite in answering my questions, but definitely did not want me in there.  The conversation raised several red flags and did not inspire confidence in this company being able to deliver as advertised.  As a result of this conversation, my company has elected to seek out other vendors to meet our needs.

Some highlights for those curious:

July seems to be their new target month.

Their 1,500 rig is being redesigned physically.  It will have a new price (going up?) to reflect this.

Thank you! I take it that you were not offered the full tour?

 

[Kouye]

Of course you saw Dave. Josh was most likely busy daytrading testing cool new stuff.

This raised a(nother) red flag for me.

"I was working on a test pack of 8 boards..." 

[InSpades]

Units have been delivered to devs and entities that can publish positive reviews of their company.  This suggests that they may not follow the order of purchase as they are trying desperately to stop the hemorrhaging.  Coupled with the fact that phone option #3 on their automated phone system is for refunds and they are experiencing a high number of technical problems, I view the health of this company as being suspect. 


No, I wasn't offered a tour. 


Part of me is rooting for them to pull through and deliver, but I have investors to protect and objectives to meet.

[MooC Tals]

Units have been delivered to devs and entities that can publish positive reviews of their company.  This suggests that they may not follow the order of purchase as they are trying desperately to stop the hemorrhaging.  Coupled with the fact that phone option #3 on their automated phone system is for refunds and they are experiencing a high number of technical problems, I view the health of this company as being suspect.  


No, I wasn't offered a tour.  


Part of me is rooting for them to pull through and deliver, but I have investors to protect and objectives to meet.

I suspected as much, about the tour. I am also rooting for the investors but not for the company. If that makes sense. I do hope they're at least trying and stop fucking up. If they scammed through using pre-orders the damages have already been sustained and shipping at a more professional speed would be their saving grace.

I for one see this happening again and that same low self-esteemed individual with greed filled eyes waiting to take another chance in getting abused by BFL practices.

You know everyone wants their money making machines.

[InSpades]

Units have been delivered to devs and entities that can publish positive reviews of their company.  This suggests that they may not follow the order of purchase as they are trying desperately to stop the hemorrhaging.  Coupled with the fact that phone option #3 on their automated phone system is for refunds and they are experiencing a high number of technical problems, I view the health of this company as being suspect. 


No, I wasn't offered a tour. 


Part of me is rooting for them to pull through and deliver, but I have investors to protect and objectives to meet.

I suspected as much, about the tour. I am also rooting for the investors but not for the company. If that makes sense. I do hope they're at least trying and stop fucking up. If they scammed through using pre-orders the damages have already been sustained and shipping at a more professional speed would be their saving grace.

I for one see this happening again and that same low self-esteemed individual with greed filled eyes waiting to take another chance in getting abused by BFL practices.

You know everyone wants their money making machines.

People looking to get rich quick will be severely disappointed.  Bit mining is quickly becoming more investment in nature.

[Charles999]

i hope not.. i have a miner on the way..

[Charles999]

I was pretty excited about getting a BFL mining rig but it looks like I can't even take that gamble now since the queue is so big!

why do they bother?? this i imaginary

[Charles999]

I treid calling them but no one answers.. could be a bad number

[InSpades]

The automated phone system is notorious at disconnecting callers we have found.

[sagamore9]

Very hard to say if this company is a scam or what, it sounds like a classic scam, because there are already asics out there and they can't deliver.  But here it is a working prototype and this guy ain't Josh.
http://www.youtube.com/watch?v=_6mmTRheUzg

[EBM]

BFL recently demanded everyone who ordered before the prices went up 'confirm' or their orders would be cancelled. This was sent by email, and easily missed.

Re-ordering after cancellation puts you to the back of the queue - and you pay the new higher price. Shady as you like.

(Had a few email conversations with BFL, VERY illuminating. We won't be buying anything from them. Ever.)


BTC: 1DZnyYaZ2VcQWNyYayNBqfTVQw2JQAmdA5

[MooC Tals]

https://www.kncminer.com/
Partnering up with
http://orsoc.se/

BFL better start smartening up soon cuz here comes more competition.....

[rwessels]

Very interesting.  Maybe competition will help them get orders out the door...

[AlphaColt]

Very interesting.  Maybe competition will help them get orders out the door...

They don't HAVE anything FFS... They just like pulling in the "image" they do and keep taking "pre-orders" to see how much money they can rack up before they run...

Common sense here. Too many red flags. Someone should just report the dude and have him get sent back to prison. Would be lulzy.

[jamesgarfield]

Butterfly labs MASSIVE SCAM they should all be arrested and shot.

[Frizz23]

Very interesting.  Maybe competition will help them get orders out the door...

They already have the money (remember: customers had to pay fully upfront). There's no pressure on them to ever deliver.