HashFast announces specs for new ASIC: 400GH/s

[SolarSilver]

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

"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.   

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

[1714491196]

1714491196

[1714491196]

1714491196

[1714491196]

1714491196

[smoothie]

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

"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.   

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. 

[iCEBREAKER]

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

"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.   

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.

[notbatman]

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

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

[iCEBREAKER]

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.

[Unacceptable]

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.

[SolarSilver]

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?

[RoadStress]

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]

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?    

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.     

[dhenson]

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.

[armyof1ne]

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.

[joshv06]

Last post was 10 days ago.. Any update?

[dropt]

[...]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  

[yuriygeorge]

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.

[jjiimm_64]

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!

[iCEBREAKER]

Last post was 10 days ago.. Any update?

The lawyers want far more than the auction produced, leaving nothing for us.

As was predicted, because it was entirely predictable.

Good job on your Samson Option, dearest litigants.  

Have fun paying your legal bills.  

[numnutz2009]

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. 

y isnt ne one responding to this?? i myself wanna know specifics about this not just a blanket statement like "production costs".

[RoadStress]

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. 

y isnt ne one responding to this?? i myself wanna know specifics about this not just a blanket statement like "production costs".

Because there wasn't. Wait for the icetard to come and tell you that it is all in the documents...

[jjiimm_64]

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!

here is 700k:  I am willing to bet simon has the keys to https://blockchain.info/address/1KFrqkEGy6Yq7X4SYCbYoj8HEwfbWVUDJ9

my 210btc is part of the 3000 btc at that address just 2 steps away from my payment.

[numnutz2009]

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. 

y isnt ne one responding to this?? i myself wanna know specifics about this not just a blanket statement like "production costs".

Because there wasn't. Wait for the icetard to come and tell you that it is all in the documents...

lol he can if he wants but if he knows where the numbers r i wont object to him posting a list himself but that means he will have to do the work and theres tonsssss of pages to go through but i havent seen one person yet post clear and direct statements relating to the money that came in (40-50m posted multiple times before) vs. the money that went out (i keep seein "production costs" but does that include new cars?? boats?? cold plated crappers??).

i was also wondering....i read some article online about the auction being a closed bidding thing where folks had to submit their offers but later it was canceled because the offers were "low ball offers". Is that true?? if so how does the offer matter?? i thought when a company goes belly up the stuff is sold for whatever its sold for no matter what?? thats how govt auctions are and same goes for storage auctions and bestbuy returns auctions and usps auctions all of which i have bid on in the past and never once did the auctioneer say "fuck it! you guys r a bunch of jews so im not selling this lot to u". maybe the article was wrong??