[Archive] BFL trolling museum

[boonies4u]

I've read this is an FPGA in an ASIC box but correct me if I'm wrong.

I'm pretty sure that's the ASIC board. Probably the one that was fully populated with 8 chips that they were showing pictures of.

I'm pretty sure BFL has NO ASIC chips whatsoever.

[SgtSpike]

I can see how BFL was put in a tough spot a couple months back...  They find out that the QFN package won't be able to be cooled as effectively as they thought it would.  So, what can they do?

They could have released a product that would borderline meet their specs, but people mining in warmer climates would likely have had legitimate complaints about the performance.  They really didn't want to screw up their specs as they did on their FPGA's - their critics would cize and no one would really trust their specs in the future.  Not to mention, they wanted longevity and superiority of their product with the ability to run significant overclocks down the line.

They could have informed their customers of the details early on, but they would also inform their competition at the same time.  Did they really want Avalon and bASIC to know why they had to delay, so that they could make similar adjustments to their own products?  Heck no - any competitive advantage they can get is a bonus.  If their competitors put all their time and money into a product that doesn't work very well, it'll only mean more sales for BFL in the end.

So, they take the only option they have left - holding the information close until their competitors are most definitely committed on the paths they have chosen.  Sure, they lost some preorders, but they had the potential to lose a lot more with either of the other options.  They were most certainly stuck between a rock and a hard place.  Again, this is only more evidence that they are indeed looking to the long-term future, by making sure they release the best product they can that will have the most room for increase of speed, best thermal flexibility, and best longevity.  When everyone is done releasing their initial ASICs, BFL will most certainly be the premium product of the bunch.

Don't get me wrong - I hate the delays.  If it were up to me, I would have rather had the marginally-adequate QFN package back in November than the flip chip package in February - it would have likely made me a good deal more BTC, even in the long term.  But I can absolutely see where they were coming from and why they made the decision that they did.  They don't want to be the company that releases marginally adequate products, and I can respect that decision.

[Gyrsur]

I've read this is an FPGA in an ASIC box but correct me if I'm wrong.

I'm pretty sure that's the ASIC board. Probably the one that was fully populated with 8 chips that they were showing pictures of.

I'm pretty sure BFL has NO ASIC chips whatsoever.

could be it is a ASIC board without chips on it.

BTW: what a disaster for BFL if Avalon get chips in some days and will be the first start to mine with ASIC. Avalon will mine also for themselves for shure!

[MrTeal]

I've read this is an FPGA in an ASIC box but correct me if I'm wrong.

I'm pretty sure that's the ASIC board. Probably the one that was fully populated with 8 chips that they were showing pictures of.

I'm pretty sure BFL has NO ASIC chips whatsoever.

Irrelevant. That is the ASIC board, possibly the one they were showing populated with 8 QFN packages. I never said they were the actual hashing ASICs or the that they were working.

[Gyrsur]

I've read this is an FPGA in an ASIC box but correct me if I'm wrong.

I'm pretty sure that's the ASIC board. Probably the one that was fully populated with 8 chips that they were showing pictures of.

I'm pretty sure BFL has NO ASIC chips whatsoever.

Irrelevant. That is the ASIC board, possibly the one they were showing populated with 8 QFN packages. I never said they were the actual hashing ASICs or the that they were working.

dummy

[boonies4u]

I've read this is an FPGA in an ASIC box but correct me if I'm wrong.

I'm pretty sure that's the ASIC board. Probably the one that was fully populated with 8 chips that they were showing pictures of.

I'm pretty sure BFL has NO ASIC chips whatsoever.

Irrelevant. That is the ASIC board, possibly the one they were showing populated with 8 QFN packages. I never said they were the actual hashing ASICs or the that they were working.

I'm pretty sure that's the ASIC board. Probably the one that was fully populated with 8 chips that they were showing pictures of.

If not ASICs... then what 8 chips???

[SgtSpike]

I've read this is an FPGA in an ASIC box but correct me if I'm wrong.

I'm pretty sure that's the ASIC board. Probably the one that was fully populated with 8 chips that they were showing pictures of.

I'm pretty sure BFL has NO ASIC chips whatsoever.

Irrelevant. That is the ASIC board, possibly the one they were showing populated with 8 QFN packages. I never said they were the actual hashing ASICs or the that they were working.

I'm pretty sure that's the ASIC board. Probably the one that was fully populated with 8 chips that they were showing pictures of.

If not ASICs... then what 8 chips???

Non-working ASICs.

[boonies4u]

I've read this is an FPGA in an ASIC box but correct me if I'm wrong.

I'm pretty sure that's the ASIC board. Probably the one that was fully populated with 8 chips that they were showing pictures of.

I'm pretty sure BFL has NO ASIC chips whatsoever.

Irrelevant. That is the ASIC board, possibly the one they were showing populated with 8 QFN packages. I never said they were the actual hashing ASICs or the that they were working.

I'm pretty sure that's the ASIC board. Probably the one that was fully populated with 8 chips that they were showing pictures of.

If not ASICs... then what 8 chips???

Non-working ASICs.

Oh sorry, i didn't see the "8 QFN packages". Thanks for the clarification.

[CharlieContent]

Looking at the way things are now, I think anyone with reasonable intelligence could conclude that BFL is probably some kind of scam.

Of course the obvious exception are those with significant pre-orders, who are putting their fingers in their ears and saying "I'm not listening!" They can't afford for it to be a scam, so therefore it must not be one.

And of course anyone who points out the scam warning signs is abused.

It's Pirateat40 all over again, just a different type of scam. The CEO is a convicted fraudster for fucks sake, how dumb do you need to be?

[lucif]

Another interview with Josh. Subtitles on!

http://www.youtube.com/watch?v=C4SnUObMd0o

[SgtSpike]

Looking at the way things are now, I think anyone with reasonable intelligence could conclude that BFL is probably some kind of scam.

Of course the obvious exception are those with significant pre-orders, who are putting their fingers in their ears and saying "I'm not listening!" They can't afford for it to be a scam, so therefore it must not be one.

And of course anyone who points out the scam warning signs is abused.

It's Pirateat40 all over again, just a different type of scam. The CEO is a convicted fraudster for fucks sake, how dumb do you need to be?

It'll be fun to come back to posts like this and say "I told you so" when I receive my ASICs.  

It's not a scam.  All signs point towards a company inexperienced in producing Bitcoin ASICs attempting to produce Bitcoin ASICs.  Unexpected delays happen in a LOT of startup companies.  Target dates are missed over and over again in a LOT of startup companies.  Modifying the end product in the middle of the production process happens in a LOT of startup companies.

I've said it before, and I'll say it again: If BFL was going to run with the money, they would have done so long ago.  Far more people are cancelling their orders than are keeping them, so they would be stupid to continue the scam (if it was one) and continue to give refunds.  It would be money out of their pockets for no reason at all if it was a scam.  If you believe that anyone with "reasonable intelligence" could conclude BFL is some kind of scam, please do tell why they haven't run yet.

[the_thing]

It'll be fun to come back to posts like this and say "I told you so" when I receive my ASICs.  

Don't be an asshole. It may backfire and if BFL really is a scam people will come back to your posts and tell you "We told you so".

It's not a scam.  All signs point towards a company inexperienced in producing Bitcoin ASICs attempting to produce Bitcoin ASICs. Unexpected delays happen in a LOT of startup companies.  Target dates are missed over and over again in a LOT of startup companies.  Modifying the end product in the middle of the production process happens in a LOT of startup companies.

Going bankrupt before being able to deliver its first product happens in a LOT of startup companies. Managers going nuts and attempting to fuck shareholders over happens in a LOT of startup companies too. Why does it seem so unbelievable to you? Has it never occured to you that we might be right?

I've said it before, and I'll say it again: If BFL was going to run with the money, they would have done so long ago.  Far more people are cancelling their orders than are keeping them, so they would be stupid to continue the scam (if it was one) and continue to give refunds.  It would be money out of their pockets for no reason at all if it was a scam.  If you believe that anyone with "reasonable intelligence" could conclude BFL is some kind of scam, please do tell why they haven't run yet.

I remember people saying the very same thing about Pirate. He managed to keep his business running flawlessly for about 8 months. People kept asking : if he's a scammer, why hasn't he run with our money yet? Well because a good scammer never runs with his first money. He builds trust over time. He wants to get as many faithful clients as possible and he only runs with their money if the scam is no longer sustainable. Why? Because it's more profitable than to run away with the first few bucks he gets.

[becoin]

they would be stupid to continue the scam (if it was one) and continue to give refunds.

They give only partial refunds! My pre-order is paid in BTC and now they do not honor full BTC refunds!

If you believe that anyone with "reasonable intelligence" could conclude BFL is some kind of scam, please do tell why they haven't run yet.

Because they think they can have perfectly legal profit without doing anything!

[dust]

they would be stupid to continue the scam (if it was one) and continue to give refunds.

They give only partial refunds! My pre-order is paid in BTC and now they do not honor full BTC refunds!

As discussed in the bASIC thread, the products were clearly priced in USD, so a refund of USD is to be expected, regardless of the change in BTC price.

they would be stupid to continue the scam (if it was one) and continue to give refunds.

Pirate gave "refunds" right up until he shut down. If BFL was running a scam, they would continue accepting preorders and giving refunds until the rate of refunds exceeded the rate of preorders.

[becoin]

As discussed in the bASIC thread, the products were clearly priced in USD

Obviously you failed to read that thread and see the screenshot I've provided.

[BR0KK]

As discussed in the bASIC thread, the products were clearly priced in USD

Obviously you failed to read that thread and see the screenshot I've provided.

You can't understand it can you ....?

You want more back from them as you send them. That's not right!
Get tour refund and after that sue them for a fair share if your investment....

[becoin]

You want more back from them as you send them.

Not at all. I want back EXACTLY what I send them up to the last Satoshi!

[BR0KK]

Then get a lawyer and try .... ?

What does a good legal atturnrey cost in other  US?
If you are not successfull does it imply that you have to pay all costs? (Court stuff &co)

What are you left with then?

[Syke]

I can see how BFL was put in a tough spot a couple months back...  They find out that the QFN package won't be able to be cooled as effectively as they thought it would.  So, what can they do?

If that were true, they would have working sample chips and be able to demo them. No demo, therefore no chips, therefore they are still just spewing lies.

[becoin]

What are you left with then?

It is easy. It is called class action lawsuit on behalf of all their customers that do not get full BTC refunds!