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Author Topic: Official CedarTec Topic - New ASIC [Scam?]  (Read 42212 times)
Bitcoinorama
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May 06, 2013, 11:31:25 AM
 #321

if they truly have been working on it since 2010 i doubt they did so without any funding. it could even be a personal project or between friends.

You're right, your first valid point, they have to have had funding for four years for multiple employees, some that are currently living in China, yet have mentioned no prior investment and such generous parties are not interested in using this revolutionary tech for themselves.  These eccentric investors, and friends, just buck the trend, encourage operating on a loss, and living on air the entire time, up until which point they want so desperately to recoup funding in merely a few weeks....ohh wait didn't they say they wanted to do a limited run of 1,000 to see what the uptake was? So, they've slaved away for four years, hidden whilst Lebanon clashes with Israel, an Arab spring and the Syria conflict spills over with their groundbreaking foresight to predict the ASIC revolution on an off chance peeps may share an interest in years to come prior to any realistic uptake or confidence in this emerging cryptocurrency!!?

You are a prize ****ing idiot. Complain to a mod if you like, I want to see one defend you and this utter bollocks!

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torusJKL
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May 06, 2013, 12:20:17 PM
 #322

you guys must be paid bfl shills
[...]
In psychology this behavior is well known and is called projection.

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May 06, 2013, 01:35:27 PM
 #323

Anybody who sends money to this company that hasn't provided a single name of who's behind it or an actual physical address is a fuckin' idiot.

This. Not only because there isn't a single name, but because it is an obvious SCAM

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May 06, 2013, 02:04:07 PM
 #324

Only accepts BTC : LOL !!! SCAM !
Finishing all 1000 units within 2 weeks ?  re-LOL

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May 06, 2013, 02:20:15 PM
 #325

Anybody who sends money to this company that hasn't provided a single name of who's behind it or an actual physical address is a fuckin' idiot.

I repeat, anybody who sends money to this company that hasn't provided a single name of who's behind it or an actual physical address is a fuckin' idiot.

And for those who road, or are still riding the short bus to school, anybody who sends money to this company that hasn't provided a single name of who's behind it or an actual physical address is a fuckin' idiot.

And for those whose English is not their native tongue:

Wer Geld sendet an diese Firma, die nicht einen einzigen Namen, wer dahinter steckt oder einer tatsächlichen physikalischen Adresse vorgesehen ist ein verdammter Idiot.


sorry my inner german grammar nazi wants to autocorrect this Tongue

"Wer Geld an diese Firma sendet ist ein verdammter IDIOT. Die Firma hat bisher keine Beweise geliefert die zum Schluss führen können das es kein SCAM ist! (Name und Adresse stimmen nicht) "

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May 06, 2013, 03:44:19 PM
 #326

Anybody who sends money to this company that hasn't provided a single name of who's behind it or an actual physical address is a fuckin' idiot.

This needs correction too, they have given a name on their site, it's just almost certainly made up.

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May 06, 2013, 05:18:23 PM
 #327

Anybody who sends money to this company that hasn't provided a single name of who's behind it or an actual physical address is a fuckin' idiot.

This needs correction too, they have given a name on their site, it's just almost certainly made up.

Apologies for missing the name, of which it still eludes me. Please provide me a link (I'm not doubting, just can't find it).

I predict that within a month we will no longer be hearing from Cedartec or Anonymousg64. WHY?

BECAUSE THEY'RE THE SAME PEOPLE!

Now report this post to the mods, FuCkFaCe!
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May 06, 2013, 05:31:11 PM
 #328


Apologies for missing the name, of which it still eludes me. Please provide me a link (I'm not doubting, just can't find it).



Cedertec site homepage, right at the bottom with the supposed company address that another forum member said links to a resi apartment block.

2013 | CedarTec - Kassem Mourad, Tripoli - Lebanon | All rights reserved.

Unless that's the street name?! But there are people on Facebook with that name.

Edit; sorry Phin, it looks like it's a street name as well as a person's name;

http://maps.google.co.uk/maps?oe=UTF-8&hl=en-gb&client=safari&q=Kassem+Mourad,+Tripoli+-+Lebanon&um=1&ie=UTF-8&hq=&hnear=0x1521f6a4afdf1821:0x55dac00b7c75eafb,Kassem+Mourad,+Lebanon&gl=uk&sa=X&ei=DeqHUaC-MYjB0gXC5IFQ&ved=0CC4Q8gEwAA

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May 06, 2013, 05:38:56 PM
 #329

Dear Cedartec,

I know you're busy and all, but is the name behind your outfit Kassem Mourad?

Inquiring minds want to know.

Sincerely,

Bruno K.
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May 06, 2013, 05:42:06 PM
 #330

A google maps link was posted earlier.  It's a street name.

http://maps.google.co.uk/maps?oe=UTF-8&hl=en-gb&client=safari&q=Kassem+Mourad,+Tripoli+-+Lebanon&um=1&ie=UTF-8&hq=&hnear=0x1521f6a4afdf1821:0x55dac00b7c75eafb,Kassem+Mourad,+Lebanon&gl=uk&sa=X&ei=DeqHUaC-MYjB0gXC5IFQ&ved=0CC4Q8gEwAA
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May 06, 2013, 05:45:04 PM
 #331

Yeah, my bad, I checked "kassem mourad lebanon" in Facebook initially an there are people with that name as well. Oh well there went their only redeeming feature in my mind haha!

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May 06, 2013, 05:51:48 PM
 #332

Shot them a few emails, they have not responded, I think they need to update and its about time for some updated proof
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May 06, 2013, 05:52:03 PM
 #333

There is a lot of discussion here. I think at this point the only verifiable method for this company to sell their product is to

1. Finish it
2. Lend or give seed units to reputable people to review
3. Take orders via escrow for intial orders, with a ship no later than date
4. Ship
5. Once established I am sure people would then be willing to send them money without escrow

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May 06, 2013, 05:54:04 PM
 #334

My advice as someone who pre-ordered, do not send them any money until they prove themselves.
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May 06, 2013, 05:59:27 PM
 #335

My advice as someone who pre-ordered, do not send them any money until they prove themselves.

sound advice

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May 06, 2013, 06:01:04 PM
 #336

I wonder if the mods can find the IP addresses of the cedartec account, ID be interested if they are from Lebanon or are using tor
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May 06, 2013, 06:16:58 PM
 #337

My advice as someone who pre-ordered, do not send them any money until they prove themselves.

I respect that. That takes courage and decency. I've said this before I take no pleasure in stating what I see to be fraudulent, and I do hope if there is even the slimmest chance of this being real that it does work out for you. Smiley

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May 06, 2013, 06:30:10 PM
 #338

a past project

https://bitcointalk.org/index.php?topic=155896.0

http://web.archive.org/web/20130411200722/http://labsnovo.com
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May 06, 2013, 06:30:21 PM
 #339

Scam or not they made out with at least $200,000.00 with 150+ orders (with the btc price fluctuations) that's enough to manufacturer these 150+ asics or a successful scam.
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May 06, 2013, 06:33:04 PM
 #340

Scam or not they made out with at least $200,000.00 with 150+ orders (with the btc price fluctuations) that's enough to manufacturer these 150+ asics or a successful scam.

I completely agree with this. They must ponder upon the fact that *if they could get their shit together and act with integrity they could become something of real significance and greater profit then the original intention to scam.

They would have to honour all pre-sales though and not piss it away.

This is why I don't believe BFL will scam. The effort they have put in in establishing a company and how fortunate they have been to ride on the cusp of a wave of interest without the excessive expenditure on gaining recognition in the traditional way would by any logic mean you want to deliver and mature a company. These companies can reach maturity far far faster than standard companies in other markets due to lack of competition and niche interest. You could reach a decades worth of traditional growth in months. BFL currently have, but with respect to the way they openly behave I actually doubt they fully appreciate what they have. This for me is what makes KNCminer have some potential. I get the impression Sam and Andreas actually get this. Now they are in no position to request any funds until thy have a working product, but currently they tick all the right boxes.

Even if it means BFL spending their own personally harvested Bitcoins to stay afloat it would make far more sense then letting the company fold and pocketing some cash. All these companies have the chane to be pioneers and develop a loyal customer base and companies in other industries would bend over backward for that. Squandering such an audience away frivolously would be utter, utter madness.


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