Can I start a bounty on BFL? Every who has money in BFL invests in lawyers and police. With enough support the customers as a whole can get their bank accounts cleared and a search warrant to the BFL factory. What happened to Simon Hausdorf at btc-24 can happen to them.
I hope they are a scam... lol... I keep directing future investors there... My plan is... if they are a scam, that leaves more future hashing power for me, since everyone spent money there, and not on more GPU cards. However, if they are not, I am as screwed as they are. (Because if they are not a scam, that will turn all those 60GHs units into the equivalent of a single 7970, when everyone has one, and others have 1.5THs units. Funny thing is, they are paying $2000+ for what I only had to pay $380 for. That same 0.000001% of the market.)
Any way you cut it... those who didn't buy THs machines are going to have to mine for years to get the money they paid, except the first few dozen who get the actual units.
Looking at the hashing-power of the network, I see that the machines have about as much up-time as down-time. They will all be spending about 90% of the time sitting idle, with no transaction work to process. Not unless they start allowing smaller transactions again, and they start taking all the "free" transactions to fill a block.
The joke is on those STILL buying... The money they spend now (like a pyramid scam), is going to those who are now asking for refunds. BFL wants you to get a refund. They don't actually want to give you units. They used everyone to build themselves all the THs units. Just like Avalon and the blades... Bitcoin is going to be a corporate coin now. Thanks to many greedy investors who just couldn't say no.
LOL, until the Chinese decide they want to make the 1.5THs units for us, for $200 each... since they don't care about copyrights, and they have all these chips laying around, and us wanting to buy them to drive BFL and others under for robbing us of our value in the market. Mass-production wins every time.
For the record, I DO have an order in for one... just for the novelty of it. It CAN be programmed to crack and hash... so it does have other non-coin related potential. If it can't be used to make coins honestly, it can be used to make other funds in other ways. lol. If they can get them to stay running.