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Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 864807 times)
iCEBREAKER
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December 27, 2014, 09:03:43 PM
 #11381

I wouldn't call $5,400 a major purchase, but a lawyer also implies additional cost which is useless. When people pre-order cars worth much more than $5,400 they don't check the terms with lawyers so your argument is simply retarded. Next you will say that after a lawyer HF customers should've checked the stated performance terms with an ASIC designer and PCB designer to see if they can trust the company. This is class A bullshit.

$5k is enough to warrant spending $200 on a lawyer to make sure your interpretation of an ostensible offer is correct and legally enforceable. 

The people who expected a windfall didn't want a lawyer to rain on their entitlement parade or otherwise disturb their precious confirmation bias.  Just look how ugly people are being to me if you want evidence that folks will not easily let go of their free pony fantasies without a vicious fight.  Disturb their free pony fantasy and out come the demands for revenge rape.   Roll Eyes

The fact you bring a purchase of a commonplace highly-regulated product like cars into a discussion about exotic ASIC pre-orders shows why you have been having so much difficulty understanding why Judge Montali didn't declare HF a scam, and instead let them continue their business under Chapter 11.


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
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December 27, 2014, 09:17:05 PM
 #11382

I wouldn't call $5,400 a major purchase, but a lawyer also implies additional cost which is useless. When people pre-order cars worth much more than $5,400 they don't check the terms with lawyers so your argument is simply retarded. Next you will say that after a lawyer HF customers should've checked the stated performance terms with an ASIC designer and PCB designer to see if they can trust the company. This is class A bullshit.

$5k is enough to warrant spending $200 on a lawyer to make sure your interpretation of an ostensible offer is correct and legally enforceable. 

The people who expected a windfall didn't want a lawyer to rain on their entitlement parade or otherwise disturb their precious confirmation bias.  Just look how ugly people are being to me if you want evidence that folks will not easily let go of their free pony fantasies without a vicious fight.  Disturb their free pony fantasy and out come the demands for revenge rape.   Roll Eyes

The fact you bring a purchase of a commonplace highly-regulated product like cars into a discussion about exotic ASIC pre-orders shows why you have been having so much difficulty understanding why Judge Montali didn't declare HF a scam, and instead let them continue their business under Chapter 11.

Ok. Now will you let this thread die since the company isn't selling anything?

iCEBREAKER is a troll! He and cypherdoc helped HashFast scam 50 Million $ from its customers !
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December 27, 2014, 09:32:59 PM
 #11383

Ok. Now will you let this thread die since the company isn't selling anything?
It's not like this thread, the main one discussing this scam, has to die only because you want to due to a spammer. You can always unsubscribe if you can't stand his tactics.

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
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December 27, 2014, 11:04:00 PM
 #11384

Ok. Now will you let this thread die since the company isn't selling anything?
It's not like this thread, the main one discussing this scam, has to die only because you want to due to a spammer. You can always unsubscribe if you can't stand his tactics.

Don't get me wrong. I have nothing against this thread. My beef is with the HF shill reviving this thread for nothing. If you or anyone else would revive this thread with some useful information I wouldn't complain, but when iceshilltard is reviving this thread with useless information that pisses me off. But even so, what would be more to discuss about this company that has a bigger percent than BFL of its customers pissed? The company was sold for 400k. What's more to talk about it?

iCEBREAKER is a troll! He and cypherdoc helped HashFast scam 50 Million $ from its customers !
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December 28, 2014, 12:57:58 AM
 #11385

What's more to talk about it?
We could talk about how to screw them to their responsibilities. The legal actions weren't sold.

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
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December 28, 2014, 11:41:51 AM
 #11386

Why would I feel remorse for a start-up going bankrupt?  That happens all the time.

Yes we know, you have absolutely no remorse for your involvement in this debacle and you keep rubbing it in peoples noses that they were stupid and naive to trust you and your colleagues at HF with their money. Our bad. Make mental note: never trust iCEBREAKER and his cohorts

Quote
"Why HF went bankrupt" has been explained in depth, in this thread and in the media.  You must be extremely unintelligent to still be confused at this late date.   Tongue

Yes it has been explained but it seems that you have a different view of "Why HF went bankrupt", you keep blaming adverse market conditions and greedy naive customers that want their money back and the rest of the world sees a story of empty promises, lies, bad business practices and plain incompetence.

but I guess I am just extremely unintelligent and you are living in your little makebelieve world where nobody has to take responseability of ones actions. It's always somebody elses fault and never your own
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December 28, 2014, 10:29:45 PM
 #11387

Why would I feel remorse for a start-up going bankrupt?  That happens all the time.

Yes we know, you have absolutely no remorse for your involvement in this debacle and you keep rubbing it in peoples noses that they were stupid and naive to trust you and your colleagues at HF with their money. Our bad. Make mental note: never trust iCEBREAKER and his cohorts

Quote
"Why HF went bankrupt" has been explained in depth, in this thread and in the media.  You must be extremely unintelligent to still be confused at this late date.   Tongue

Yes it has been explained but it seems that you have a different view of "Why HF went bankrupt", you keep blaming adverse market conditions and greedy naive customers that want their money back and the rest of the world sees a story of empty promises, lies, bad business practices and plain incompetence.

but I guess I am just extremely unintelligent and you are living in your little makebelieve world where nobody has to take responseability of ones actions. It's always somebody elses fault and never your own

Reality is not something he embraces very well.  Grin

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December 29, 2014, 05:16:04 AM
 #11388

Why would I feel remorse for a start-up going bankrupt?  That happens all the time.

Yes we know, you have absolutely no remorse for your involvement in this debacle and you keep rubbing it in peoples noses that they were stupid and naive to trust you and your colleagues at HF with their money. Our bad. Make mental note: never trust iCEBREAKER and his cohorts

Quote
"Why HF went bankrupt" has been explained in depth, in this thread and in the media.  You must be extremely unintelligent to still be confused at this late date.   Tongue

Yes it has been explained but it seems that you have a different view of "Why HF went bankrupt", you keep blaming adverse market conditions and greedy naive customers that want their money back and the rest of the world sees a story of empty promises, lies, bad business practices and plain incompetence.

but I guess I am just extremely unintelligent and you are living in your little makebelieve world where nobody has to take responseability of ones actions. It's always somebody elses fault and never your own

You presume to, but do not, speak for "the rest off the world."

The bankruptcy court, which went over HF's records with a fine-tooth comb, didn't find the "empty promises, lies, bad business practices and plain incompetence" you allege.

Why is that?

Is the bankruptcy court part of the HF conspiracy?  Were Judge Montali and the other ~12 lawyers involved bribed with HF's secret stash of BTC to look the other way and accept the excuse of adverse business conditions?

Or are you bitterly clinging to a long-debunked myth of HF malfeasance that never actually existed?

The only fantasy here is the one involving a massive conspiracy and subsequent cover-up.  The rest of us live in the real world, in accord with Occam's Razor.


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
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notbatman
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December 29, 2014, 05:40:04 AM
 #11389

http://www.law.cornell.edu/wex/bankruptcy_fraud

Like BTC isn't the perfect vehicle for concealment of assets?
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December 29, 2014, 05:47:27 AM
 #11390

http://www.law.cornell.edu/wex/bankruptcy_fraud

Like BTC isn't the perfect vehicle for concealment of assets?

Like it didn't occur to any of the ~12 lawyers involved to see if HF had concealed assets?

The radical transparency of the blockchain isn't the "perfect vehicle" you're looking for.


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
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December 29, 2014, 08:31:15 AM
 #11391

http://www.law.cornell.edu/wex/bankruptcy_fraud

Like BTC isn't the perfect vehicle for concealment of assets?

Like it didn't occur to any of the ~12 lawyers involved to see if HF had concealed assets?

The radical transparency of the blockchain isn't the "perfect vehicle" you're looking for.


"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole."  -Raylan Givens
Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be
"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan Smiley
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December 29, 2014, 09:47:18 AM
 #11392

The bankruptcy court, which went over HF's records with a fine-tooth comb, didn't find the "empty promises, lies, bad business practices and plain incompetence" you allege.

I'm sorry, but if there is one textbook example of how not to run a business (and we all know what the outcome of the HF story is), then it has to be HF. Is there anybody here who is going to give HF an award for best business practices?

While it might be true that the US court did not put any punishment on the table (yet) for the people involved, I can guarantee that if it would have been a European court, there would be a different outcome.

So basically you are pointing out weak consumer protection laws that favour scum like Eddy and Simon to get away with this fiasco. So lucky for them, they are US based, but that does not make it right.

And doing the right thing is something iCEBREAKER seems to be struggling with. Ever heard of ethics?
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December 29, 2014, 04:48:10 PM
 #11393

So during the bankruptcy thing was there an audit on how were the money spent? Because I'm damn curious where would 40M-50M$ vanish while producing only a handful of miners. 

iCEBREAKER is a troll! He and cypherdoc helped HashFast scam 50 Million $ from its customers !
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December 29, 2014, 10:24:23 PM
 #11394

The bankruptcy court, which went over HF's records with a fine-tooth comb, didn't find the "empty promises, lies, bad business practices and plain incompetence" you allege.

I'm sorry, but if there is one textbook example of how not to run a business (and we all know what the outcome of the HF story is), then it has to be HF. Is there anybody here who is going to give HF an award for best business practices?

While it might be true that the US court did not put any punishment on the table (yet) for the people involved, I can guarantee that if it would have been a European court, there would be a different outcome.

So basically you are pointing out weak consumer protection laws that favour scum like Eddy and Simon to get away with this fiasco. So lucky for them, they are US based, but that does not make it right.

And doing the right thing is something iCEBREAKER seems to be struggling with. Ever heard of ethics?

"Might be true?"  No, it's definitely true that the US court did not put any punishment on the table.

By putting the conditional "might be" in front of a completely incontrovertible fact, you are acting like a coward afraid to accept reality without a feeble hedge to act as your security blanket.

Nobody claimed HF was a success (*cough, strawman, cough*), only that their bankruptcy was a perfectly normal and common fate for a start-up.

Why would a European bankruptcy court be substantially different than the American one?

You made that claim with zero factual basis, much less supporting analysis.

You don't appear to understand the difference between consumer protection laws and bankruptcy, much less their interplay.

Face it, you lost the debate over allegations of HF misconduct so now you are blaming the venue like a typical sore loser.


The facts are clearly not on your side, so you want to change the discussion into an unresolvable opinion-based one about "ethics" and hypothetical European courts.

Your allegations have no demonstrable basis in reality, so you are trying to make this into a witch hunt based on irrefutable sin instead of the presumption of innocence. 

What do you expect HF's former execs to do, kill themselves to provide the pound of flesh you seek?   Roll Eyes 

When your point depends on generic appeals to ugly anti-USA nationalist prejudices, we all know you've lost the debate.  Bankruptcy is only a sin in your Manichean, over-moralizing worldview.   So take your content-free whining and go fuck yourself, Mr. Grand Inquisitor.     Smiley


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
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December 30, 2014, 04:37:36 AM
 #11395

Edwardo, please just stop posting already, you are a fool.  Everyone knows you are a fool, you don't have to keep proving it to us.
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January 01, 2015, 11:43:42 PM
 #11396

Edwardo, please just stop posting already, you are a fool.  Everyone knows you are a fool, you don't have to keep proving it to us.
actually he is smarter than a good 80% of the people in this thread, sadly too many people in here are the "my friend told me so" kind, instead of actually knowing what they are talking about.
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January 12, 2015, 12:21:17 AM
 #11397

Last post was 10 days ago.. Any update?


 
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January 12, 2015, 01:14:49 AM
 #11398

[...]sadly too many people in here are the "my friend told me so" kind, instead of actually knowing what they are talking about.

Pot meet kettle  Roll Eyes
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January 12, 2015, 01:32:14 AM
 #11399

Wow, you guys are still going at it. And icebreaker is back even. Gave that ship up long ago, cut my losses short, but sorry for those who may have over invested.

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jjiimm_64
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January 12, 2015, 02:16:20 AM
 #11400

So during the bankruptcy thing was there an audit on how were the money spent? Because I'm damn curious where would 40M-50M$ vanish while producing only a handful of miners. 

this!

1jimbitm6hAKTjKX4qurCNQubbnk2YsFw
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