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Poll
Question: Is Butterfly Labs breaking the law?
Yes, American Federal Law - 78 (51.7%)
Yes, Kansas State Law - 4 (2.6%)
No - 20 (13.2%)
I don't know - 25 (16.6%)
Nobody Knows - 14 (9.3%)
Yes, European Law - 10 (6.6%)
Total Voters: 151

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Author Topic: Is Butterfly Labs breaking the law?  (Read 11312 times)
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Viceroy
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August 24, 2013, 03:16:01 PM
 #41

Needs to be an option "Yes, every freaking law"

;-)

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derr777
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August 24, 2013, 03:55:24 PM
 #42

I think its clear they must refund if people ask for a refund. 

What people need to realize is that their only protection other than shipping in a reasonable timeframe is bankruptcy.  If they go there, then you are *NEVER* going to get a refund.. bankruptcy *protection* protects them against you (a lowly creditor behind all the bondholders and banks.)

I would make sure people think long and hard about what happens when the difficulty increases faster than the shipping can keep orderers happy.  I think you could make a prediction here either way, but the very real possibility that they declare bankruptcy is certainly a possible outcome.

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August 24, 2013, 05:33:54 PM
 #43

Has anyone started collecting members for a class action lawsuit?  It seems like you could easily out some legal pressure on them, if that is what you're trying to do.

On the other hand, I think a lot of people still want their mining rigs, no?  I also don't think they have the money to refund everyone's orders.  Its not necessarily a good thing to have a court order come down saying "give them their money back" because its liable to induce bankruptcy.

Maybe if they were willing to upgrade everyone with pre-orders to the next generation mining rig, they might be able to take off some of the heat?

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August 25, 2013, 02:34:22 AM
 #44

I wonder if there's a statement in the American law saying that the vendor must indicate more or less strict shipping dates and bear responsibility for delays (discounts, free upgrades etc...). The BFL's "2 months or more..." is the same as "years" or "forever". For example 1297 or 924 months is more than 2 right? Smiley. We've accepted it. Their 25% discount on further orders for those poor guys who wait more than 1,5 year since April 2012 looks like a derision Sad.   
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August 30, 2013, 03:53:17 PM
 #45

bitcoin is new,& law too later
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November 23, 2013, 01:52:51 PM
 #46

It be interesting to see what lawsuits have been filed against them.

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November 23, 2013, 05:12:03 PM
 #47

 Smiley butterfly labs is willing to say anything . They don't care about the law .
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November 28, 2013, 05:41:50 AM
 #48



It's not nice to fuck with Racoons.

My $.02.

Wink

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