Bitcoin Forum
October 21, 2017, 03:51:28 AM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 [364] 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 ... 586 »
  Print  
Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 865011 times)
Phinnaeus Gage
Legendary
*
Offline Offline

Activity: 1358


Bitcoin: An Idea Worth Spending


View Profile
January 17, 2014, 04:00:58 PM
 #7261

Quote
Wrong: [Golden] Nonce: Not On Normal Communal Exercise, albeit obviously they're not playing well with others.
Right: http://www.urbandictionary.com/define.php?term=nonce (sometimes, you just can't make this shit up)

When the "Big Book of Forensic Phin's Fabulous Forum Finds" (a must for every bathroom) debuts to the #1 spot on NYT BestSeller's List, the Crashfast chapter and this tidbit will definitely be in the Top Ten.

You know what's ironic? I penned that while taking a shit, and still am shitting sitting here now. Seriously! And, I need another cup of java. Anybody?

~TMIBTCITW
1508557888
Hero Member
*
Offline Offline

Posts: 1508557888

View Profile Personal Message (Offline)

Ignore
1508557888
Reply with quote  #2

1508557888
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508557888
Hero Member
*
Offline Offline

Posts: 1508557888

View Profile Personal Message (Offline)

Ignore
1508557888
Reply with quote  #2

1508557888
Report to moderator
superresistant
Legendary
*
Offline Offline

Activity: 1624



View Profile
January 17, 2014, 04:01:58 PM
 #7262

I don't have all details but what is going to happen ? Are you gonna have a refund or a late delivery ? What date ?

Here's my bag so you don't ask : Bitcoin, tenX, iexec, byteball and pepecash
TooDumbForBitcoin
Legendary
*
Offline Offline

Activity: 1182


HERO: The Future of Banking in Southeast Asia


View Profile
January 17, 2014, 04:05:22 PM
 #7263

Quote
something intestinal

Well, then, the second sentence in your original forensic statement is incorrect.  Sometimes you can while you're not.

▄████████████████████▄
██████████████████████
██████  ██████████████
██████  ██████████████
██████  ██████████████
██████  ██      ██████
██████  █  ████  █████
██████   ██████  █████
██████  ███████  █████
██████  ███████  █████
██████████████████████
██████████████████████
▀████████████████████▀
  HERO 
...                                                                                                   ...
                The Future of Banking in Southeast Asia                   
           ■ Website   ■ Whitepaper   ■ Bounties   ■ Join our Slack         
                                                                                                                                                                                                                         
      PRE-SALE       
      starting soon       
                                                                                                                                           
cedivad
Legendary
*
Offline Offline

Activity: 1134



View Profile
January 17, 2014, 04:06:07 PM
 #7264

I don't have all details but what is going to happen ? Are you gonna have a refund or a late delivery ? What date ?
http://www.youtube.com/watch?v=NE0ne430gbA&t=45

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
Phinnaeus Gage
Legendary
*
Offline Offline

Activity: 1358


Bitcoin: An Idea Worth Spending


View Profile
January 17, 2014, 04:10:19 PM
 #7265

I don't have all details but what is going to happen ? Are you gonna have a refund or a late delivery ? What date ?

You want details! YOU WANT DETAILS! You can't handle details! Son, once you read what the marketing arm of HashFast is doing with their share of YOUR money...

http://www.sexlifecanada.ca/users/fleur-de-lis-sf/you-are-smelly-pirate-hookergo-back-your-home-whore-island

Quote
I walked over to see Kathee in a very sexy red corset and a cute little skirt. James told me he was not fond of costuming, but, he had on a fantastic skull and cross bone belt buckle. I liked it! It was our first time hanging out where we weren’t working in some way. I was quite excited to play with my new friends and to introduce them to “Bondage Night” at the Supperclub. They got checked in and seated so I introduced them to Miss Monika. Monika does her radio broadcast live from the Supperclub on Bondage Night. She was going to have James and Kathee on the show to talk about their website.

To be clear, James is James Johnston/James Kottmeier, skro of John Skrodenis (Skropenis), his brother-in-arms.

And, the theme of this particular bondage night was...

Quote
Yo ho ho and a bottle of rum a pirates life for me. What do you think of when you think about a pirate? When I was a kid, Pirates of the Caribbean was my favorite ride at Disneyland. I think we have all been to a restaurant or a street corner where you saw a guy with an eye patch or a parrot on his shoulder. Deep down I think we all fantasize about being pirates. Pirates are known for being rude, brutish but also mischievous, sexy and fun. When Monika, from Sexploration with Monika, told me that the Supperclub's March bondage night was a pirate theme; I was very excited to go.
MinorMiner
Member
**
Offline Offline

Activity: 74


View Profile
January 17, 2014, 04:30:14 PM
 #7266

Ugh.. now hashfast's website has disappeared. Did they turn the lights off and leave?

Edit: back up .. apparently.. strange. There was a redirect to 'https://old.hashfast.com' and it said something about 'tinkering'

All contributions gratefully received 1G6Wia22Jnpz2DUisA5EoAC6KJ7MHm6QyP
Minor Miner
Legendary
*
Offline Offline

Activity: 994


★ BitClave ICO: 08/11/17 ★


View Profile
January 17, 2014, 04:32:00 PM
 #7267

Ugh.. now hashfast's website has disappeared. Did they turn the lights off and leave?
Edit: back up .. apparently.. strange. There was a redirect to 'https://old.hashfast.com' and it said something about 'tinkering'
Works fine for me.   must be your internet.


                  ,'#██+:                 
              ,█████████████'             
            +██████████████████           
          ;██████████████████████         
         ███████:         .███████`       
        ██████               ;█████'      
      `█████                   #████#     
      ████+                     `████+    
     ████:                        ████,   
    ████:    .#              █     ████   
   ;███+     ██             ███     ████  
   ████     ███'            ███.    '███, 
  +███     #████           ,████     ████ 
  ████     █████ .+██████: █████+    `███.
 ,███     ███████████████████████     ████
 ████     ███████████████████████'    :███
 ███:    +████████████████████████     ███`
 ███     █████████████████████████`    ███+
,███     ██████████████████████████    #███
'███    '██████████████████████████    ;███
#███    ███████████████████████████    ,███
████    ███████████████████████████.   .███
████    ███████████████████████████'   .███
+███    ███████████████████████████+   :███
:███    ███████████████████████████'   +███
 ███    ███████████████████████████.   ███#
 ███.   #██████████████████████████    ███,
 ████    █████████████████████████+   `███
 '███    '████████████████████████    ████
  ███;    ███████████████████████     ███;
  ████     #████████████████████     ████ 
   ███#     .██████████████████     `███+ 
   ████`      ;██████████████       ████  
    ████         '███████#.        ████.  
    .████                         █████   
     '████                       █████    
      #████'                    █████     
       +█████`                ██████      
        ,██████:           `███████       
          ████████#;,..:+████████.        
           ,███████████████████+          
             .███████████████;            
                `+███████#,               
minternj
Sr. Member
****
Offline Offline

Activity: 434


View Profile
January 17, 2014, 04:33:33 PM
 #7268

Dealing with hashfast has made me insane. This thread is becoming surreal.

Warning about Nitrogensports.eu
https://bitcointalk.org/index.php?topic=709114.0
dropt
Legendary
*
Offline Offline

Activity: 1498



View Profile
January 17, 2014, 04:34:06 PM
 #7269

OMG  My heart screams for you bro - I met amy@hashfast.com and at that time in November I was under the impression that they were like 10 days out in November.  That is just psycho and scary as shit.  I would've totally demanded the btc refund they're supposed to keep a margin available in btc to be able to issue out refunds.  If they're issuing checks, then they are immediately cashing out btc - if they offerred the btc refund which I believe I recall reading that they would, they should honor it.  Imean shit that's hardcore fucked off - makes BFL seem like a lesser evil to a degree. 

Is the icedrill thing true? That's cool for me with my bitfunder shares that I can no longer use, but bad for the world at large.

You can claim your icedrill shares at icedrill.io.   All you need is a gmail login and be able to sign a message from your proofing address.
cedivad
Legendary
*
Offline Offline

Activity: 1134



View Profile
January 17, 2014, 04:38:15 PM
 #7270

Ugh.. now hashfast's website has disappeared. Did they turn the lights off and leave?
Edit: back up .. apparently.. strange. There was a redirect to 'https://old.hashfast.com' and it said something about 'tinkering'
Works fine for me.   must be your internet.

Best moment in a while.

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
superresistant
Legendary
*
Offline Offline

Activity: 1624



View Profile
January 17, 2014, 04:43:24 PM
 #7271

I don't have all details but what is going to happen ? Are you gonna have a refund or a late delivery ? What date ?
http://www.youtube.com/watch?v=NE0ne430gbA&t=45

 Grin

I don't have all details but what is going to happen ? Are you gonna have a refund or a late delivery ? What date ?
You want details! YOU WANT DETAILS! You can't handle details! Son, once you read what the marketing arm of HashFast is doing with their share of YOUR money...
http://www.sexlifecanada.ca/users/fleur-de-lis-sf/you-are-smelly-pirate-hookergo-back-your-home-whore-island
Quote
I walked over to see Kathee in a very sexy red corset and a cute little skirt. James told me he was not fond of costuming, but, he had on a fantastic skull and cross bone belt buckle. I liked it! It was our first time hanging out where we weren’t working in some way. I was quite excited to play with my new friends and to introduce them to “Bondage Night” at the Supperclub. They got checked in and seated so I introduced them to Miss Monika. Monika does her radio broadcast live from the Supperclub on Bondage Night. She was going to have James and Kathee on the show to talk about their website.
To be clear, James is James Johnston/James Kottmeier, skro of John Skrodenis (Skropenis), his brother-in-arms.
And, the theme of this particular bondage night was...
Quote
Yo ho ho and a bottle of rum a pirates life for me. What do you think of when you think about a pirate? When I was a kid, Pirates of the Caribbean was my favorite ride at Disneyland. I think we have all been to a restaurant or a street corner where you saw a guy with an eye patch or a parrot on his shoulder. Deep down I think we all fantasize about being pirates. Pirates are known for being rude, brutish but also mischievous, sexy and fun. When Monika, from Sexploration with Monika, told me that the Supperclub's March bondage night was a pirate theme; I was very excited to go.

They must have a really good time indeed.

Well I invested in COGNITIVE MINING that invested in COINTERRRA. So far, we'll get our massive delivery in few days. With HASHFAST dead there is no real competitor. My shares are going to skyrocket and I'm gonna have some really good times with HASHFAST staff soon.

Here's my bag so you don't ask : Bitcoin, tenX, iexec, byteball and pepecash
pmorici
Sr. Member
****
Offline Offline

Activity: 471


View Profile WWW
January 17, 2014, 04:45:10 PM
 #7272

Who knows. At the very least they were in batch 1, same as baby jet batch 1. HF should be sending out some stable units to  customers at the front of the queue as well to be fair. But, i guess it was easier to send checks to babyjet batch 1 and send units to icedrill. That all we know for now right?

By sending forced USD refunds to Batch 1 customers that paid in BTC they have effectively booted them out of the shipping queue.

Even if they don't cash this unsollicited check, if there are units to ship they will clearly not ship to these customers.

I hate to break it to everyone but Hashfast is not following their "ship in order of public shipping queue" promise.  Regardless of where you think IceDrill was supposed to be in relation to the BabyJet orders.

Gigampz: Adapter Boards for Server Power Supplies 50% cheaper than ATX power supplies.  DPS-800GBA, DPS-1200FBA, Common Slot, CRPS, DPS-1200TBA, DPS-2000bb, Dell z750p
Inaba
Legendary
*
Offline Offline

Activity: 1260



View Profile WWW
January 17, 2014, 04:50:16 PM
 #7273

I don't know if there is an equivelent body in USA, b


Welcome to Scamerica!!!  

You can joke all you want with this, but on second thought it is rather odd consumers in the biggest consumer market in the world are not protected more from such a things. I understand freedom of trade, free markets, weak state, and all this stuff, but believe me this is close to impossible to happen anywhere else. We scream constantly to overblown state mechanisms in my country, and state bureaucracy blown out of proportions, but I'm pretty certain anywhere else this things would end by state clerks all over the HF back. It's also odd that scam of these proportions is not all over the media, they should love such a juicy stories. How often multi-million dollar scams are there in the USA for this to go unnoticed?

It's the bitcoin aspect that screws up consumer protections.  If it wasn't present, there would be more obvious recourse to that kind of complaint, and they'd stand a better chance of success.  

But, if you put yourself in the shoes of a bureaucrat, you're kind of "damned if you do, damned if you don't" here.  The "community" is loud and clear that bitcoin does not want regulation, but the "community" also has problems with dishonest and incompetent hardware manufacturers.  From the federal level, there is bascially a policy vacuum, because the feds haven't figured out if and how to deal with it, and they are kind of signalling 'hands off', like the "community" says it wants.

So if you wade into this as a low or mid-level bureaucrat of the sort that might typically try to enforce consumer protection laws, you're probably going to get your head chopped off and be accused of overreaching.  And you are probably saying to yourself, "heh, those guys, so proud of their independence and insulting the government all the time, now look who's crying? ... why should I stick my neck out for them?  Most of them say I'm irrelevant, until they run into @ssholes like BFL and Hashfast. Well, sorry fellas, it's time you grew up and gave us more respect. Here's a lesson for you."

Yea, I think certainly the 'no forced refunds' aspect is dangerous for consumers. That, coupled with the meteoric rise in BTC prices has meant there's a huge lure for unscrupulous people to get their scams in.

If enough of these scams go on and people will give up on bitcoin. It's just too easy to be ripped off.

What I find ironic about this (and everyone else who's complaining) is the fact that so many people cried for the longest time about BFL and about how "You are required to give refunds if you don't ship in 30 days, the FTC says so!!!!!!1!1!" (which is wrong, by the way, but whatever) - now that it's happening, the same people are crying about receiving "forced refunds."  

So which is it, do you want forced refunds according to the commonly held misconception about the FTC or do you want your hardware? You can't have mutually exclusive results happening simultaneously.

inb4 "But this is different." ... It's not all that different than what BFL went through.  We had engineering problems, HF is having engineering problems.  I have no doubt Hashfast is working as fast as they can to get the product out the door and everyone at HF is having sleepless nights over it. I have no inside knowledge about it, obviously, but I can imagine what they are going through.  Could/can they handle things better? Yes, absolutely, just like there are many things about the sequence of events that BFL could have done better about.  Unfortunately, neither BFL nor Hashfast are large, multi-billion dollar corporations that have the resources to do that... we are a few people, bitcoin nerds mostly, trying to deliver a high demand product that grows exponentially before ones eyes.



If you're searching these lines for a point, you've probably missed it.  There was never anything there in the first place.
miaviator
Donator
Hero Member
*
Offline Offline

Activity: 672


It's for the children!


View Profile WWW
January 17, 2014, 04:58:19 PM
 #7274

Who knows. At the very least they were in batch 1, same as baby jet batch 1. HF should be sending out some stable units to  customers at the front of the queue as well to be fair. But, i guess it was easier to send checks to babyjet batch 1 and send units to icedrill. That all we know for now right?

By sending forced USD refunds to Batch 1 customers that paid in BTC they have effectively booted them out of the shipping queue.

Even if they don't cash this unsollicited check, if there are units to ship they will clearly not ship to these customers.

That better not be the case. I want either a full btc refund and if they cannot do that then my original order plus MPP with enough miners to get back my original investment. This is what they guaranteed and this is what I paid for and expect. If they think that just cause they sent us a "fuck you" USD check we are out of the shipping queue they can go screw themselves. More cause for legal action and further justification and proof that they don't give a shit about their customers and only about their pockets.



What?  How did you get a guarantee that MPP would get back the original investment?  All we got with MPP was this:

http://hashfast.com/miner-protection-program/

Quote
f the Bitcoin network hashrate increases so that your Baby Jet doesn’t generate more Bitcoins in ninety days than you paid for it, HashFast will give you additional ASICs. In fact, we will give you up to 400% more hashing capacity than the Baby Jet you purchased. Yes, that does mean that if you don’t make your money back in 90 days, we will increase your mining capacity to up to 2 Terahashes!

Minor Miner
Legendary
*
Offline Offline

Activity: 994


★ BitClave ICO: 08/11/17 ★


View Profile
January 17, 2014, 04:58:32 PM
 #7275

What I find ironic about this (and everyone else who's complaining) is the fact that so many people cried for the longest time about BFL and about how "You are required to give refunds if you don't ship in 30 days, the FTC says so!!!!!!1!1!" (which is wrong, by the way, but whatever) - now that it's happening, the same people are crying about receiving "forced refunds."  

So which is it, do you want forced refunds according to the commonly held misconception about the FTC or do you want your hardware? You can't have mutually exclusive results happening simultaneously.

inb4 "But this is different." ... It's not all that different than what BFL went through.  We had engineering problems, HF is having engineering problems.  I have no doubt Hashfast is working as fast as they can to get the product out the door and everyone at HF is having sleepless nights over it. I have no inside knowledge about it, obviously, but I can imagine what they are going through.  Could/can they handle things better? Yes, absolutely, just like there are many things about the sequence of events that BFL could have done better about.  Unfortunately, neither BFL nor Hashfast are large, multi-billion dollar corporations that have the resources to do that... we are a few people, bitcoin nerds mostly, trying to deliver a high demand product that grows exponentially before ones eyes.

I hate to say it but Josh is the voice of reason here.  The thread is completely polluted too.   It would be VERY helpful if HF popped in and gave a bit of an update about the units they have shipped and what updates their boards need etc.


                  ,'#██+:                 
              ,█████████████'             
            +██████████████████           
          ;██████████████████████         
         ███████:         .███████`       
        ██████               ;█████'      
      `█████                   #████#     
      ████+                     `████+    
     ████:                        ████,   
    ████:    .#              █     ████   
   ;███+     ██             ███     ████  
   ████     ███'            ███.    '███, 
  +███     #████           ,████     ████ 
  ████     █████ .+██████: █████+    `███.
 ,███     ███████████████████████     ████
 ████     ███████████████████████'    :███
 ███:    +████████████████████████     ███`
 ███     █████████████████████████`    ███+
,███     ██████████████████████████    #███
'███    '██████████████████████████    ;███
#███    ███████████████████████████    ,███
████    ███████████████████████████.   .███
████    ███████████████████████████'   .███
+███    ███████████████████████████+   :███
:███    ███████████████████████████'   +███
 ███    ███████████████████████████.   ███#
 ███.   #██████████████████████████    ███,
 ████    █████████████████████████+   `███
 '███    '████████████████████████    ████
  ███;    ███████████████████████     ███;
  ████     #████████████████████     ████ 
   ███#     .██████████████████     `███+ 
   ████`      ;██████████████       ████  
    ████         '███████#.        ████.  
    .████                         █████   
     '████                       █████    
      #████'                    █████     
       +█████`                ██████      
        ,██████:           `███████       
          ████████#;,..:+████████.        
           ,███████████████████+          
             .███████████████;            
                `+███████#,               
Phinnaeus Gage
Legendary
*
Offline Offline

Activity: 1358


Bitcoin: An Idea Worth Spending


View Profile
January 17, 2014, 04:59:25 PM
 #7276

I don't know if there is an equivelent body in USA, b


Welcome to Scamerica!!!  

You can joke all you want with this, but on second thought it is rather odd consumers in the biggest consumer market in the world are not protected more from such a things. I understand freedom of trade, free markets, weak state, and all this stuff, but believe me this is close to impossible to happen anywhere else. We scream constantly to overblown state mechanisms in my country, and state bureaucracy blown out of proportions, but I'm pretty certain anywhere else this things would end by state clerks all over the HF back. It's also odd that scam of these proportions is not all over the media, they should love such a juicy stories. How often multi-million dollar scams are there in the USA for this to go unnoticed?

It's the bitcoin aspect that screws up consumer protections.  If it wasn't present, there would be more obvious recourse to that kind of complaint, and they'd stand a better chance of success.  

But, if you put yourself in the shoes of a bureaucrat, you're kind of "damned if you do, damned if you don't" here.  The "community" is loud and clear that bitcoin does not want regulation, but the "community" also has problems with dishonest and incompetent hardware manufacturers.  From the federal level, there is bascially a policy vacuum, because the feds haven't figured out if and how to deal with it, and they are kind of signalling 'hands off', like the "community" says it wants.

So if you wade into this as a low or mid-level bureaucrat of the sort that might typically try to enforce consumer protection laws, you're probably going to get your head chopped off and be accused of overreaching.  And you are probably saying to yourself, "heh, those guys, so proud of their independence and insulting the government all the time, now look who's crying? ... why should I stick my neck out for them?  Most of them say I'm irrelevant, until they run into @ssholes like BFL and Hashfast. Well, sorry fellas, it's time you grew up and gave us more respect. Here's a lesson for you."

Yea, I think certainly the 'no forced refunds' aspect is dangerous for consumers. That, coupled with the meteoric rise in BTC prices has meant there's a huge lure for unscrupulous people to get their scams in.

If enough of these scams go on and people will give up on bitcoin. It's just too easy to be ripped off.

What I find ironic about this (and everyone else who's complaining) is the fact that so many people cried for the longest time about BFL and about how "You are required to give refunds if you don't ship in 30 days, the FTC says so!!!!!!1!1!" (which is wrong, by the way, but whatever) - now that it's happening, the same people are crying about receiving "forced refunds."  

So which is it, do you want forced refunds according to the commonly held misconception about the FTC or do you want your hardware? You can't have mutually exclusive results happening simultaneously.

inb4 "But this is different." ... It's not all that different than what BFL went through.  We had engineering problems, HF is having engineering problems.  I have no doubt Hashfast is working as fast as they can to get the product out the door and everyone at HF is having sleepless nights over it. I have no inside knowledge about it, obviously, but I can imagine what they are going through.  Could/can they handle things better? Yes, absolutely, just like there are many things about the sequence of events that BFL could have done better about.  Unfortunately, neither BFL nor Hashfast are large, multi-billion dollar corporations that have the resources to do that... we are a few people, bitcoin nerds mostly, trying to deliver a high demand product that grows exponentially before ones eyes.


Gulp! You may have a point, Josh.

BTW, this thread is lot more fun than all those BFL threads--combined. Here, we have the marketing arm (Long Dong Johnston, skro of Skropenis) dressed up as a pirate fucking everybody (literally) who comes along.

Albeit, I do miss the rainbow poodle and locusts.  Grin
itod
Legendary
*
Offline Offline

Activity: 1050


^ will code for bitcoins


View Profile
January 17, 2014, 05:00:50 PM
 #7277

Unfortunately, neither BFL nor Hashfast are large, multi-billion dollar corporations that have the resources to do that... we are a few people, bitcoin nerds mostly, trying to deliver a high demand product that grows exponentially before ones eyes.

Yes, you are our heros, what would the community do without your efforts. If you think this shameless self-promotion would ever work for you - you are more naive than I thought.
cedivad
Legendary
*
Offline Offline

Activity: 1134



View Profile
January 17, 2014, 05:05:13 PM
 #7278

I finally see it.

Poor BFL,
Poor HF,

Please tell me your donation address.

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
dropt
Legendary
*
Offline Offline

Activity: 1498



View Profile
January 17, 2014, 05:13:17 PM
 #7279

Warren Buffet Quote: "Those who won't fill your pockets will fill your ears."

+1  This has saved me more times than I care to admit.
Phinnaeus Gage
Legendary
*
Offline Offline

Activity: 1358


Bitcoin: An Idea Worth Spending


View Profile
January 17, 2014, 05:35:32 PM
 #7280

I don't know if there is an equivelent body in USA, b


Welcome to Scamerica!!!  

You can joke all you want with this, but on second thought it is rather odd consumers in the biggest consumer market in the world are not protected more from such a things. I understand freedom of trade, free markets, weak state, and all this stuff, but believe me this is close to impossible to happen anywhere else. We scream constantly to overblown state mechanisms in my country, and state bureaucracy blown out of proportions, but I'm pretty certain anywhere else this things would end by state clerks all over the HF back. It's also odd that scam of these proportions is not all over the media, they should love such a juicy stories. How often multi-million dollar scams are there in the USA for this to go unnoticed?

It's the bitcoin aspect that screws up consumer protections.  If it wasn't present, there would be more obvious recourse to that kind of complaint, and they'd stand a better chance of success.  

But, if you put yourself in the shoes of a bureaucrat, you're kind of "damned if you do, damned if you don't" here.  The "community" is loud and clear that bitcoin does not want regulation, but the "community" also has problems with dishonest and incompetent hardware manufacturers.  From the federal level, there is bascially a policy vacuum, because the feds haven't figured out if and how to deal with it, and they are kind of signalling 'hands off', like the "community" says it wants.

So if you wade into this as a low or mid-level bureaucrat of the sort that might typically try to enforce consumer protection laws, you're probably going to get your head chopped off and be accused of overreaching.  And you are probably saying to yourself, "heh, those guys, so proud of their independence and insulting the government all the time, now look who's crying? ... why should I stick my neck out for them?  Most of them say I'm irrelevant, until they run into @ssholes like BFL and Hashfast. Well, sorry fellas, it's time you grew up and gave us more respect. Here's a lesson for you."

Yea, I think certainly the 'no forced refunds' aspect is dangerous for consumers. That, coupled with the meteoric rise in BTC prices has meant there's a huge lure for unscrupulous people to get their scams in.

If enough of these scams go on and people will give up on bitcoin. It's just too easy to be ripped off.

What I find ironic about this (and everyone else who's complaining) is the fact that so many people cried for the longest time about BFL and about how "You are required to give refunds if you don't ship in 30 days, the FTC says so!!!!!!1!1!" (which is wrong, by the way, but whatever) - now that it's happening, the same people are crying about receiving "forced refunds."  

So which is it, do you want forced refunds according to the commonly held misconception about the FTC or do you want your hardware? You can't have mutually exclusive results happening simultaneously.

inb4 "But this is different." ... It's not all that different than what BFL went through.  We had engineering problems, HF is having engineering problems.  I have no doubt Hashfast is working as fast as they can to get the product out the door and everyone at HF is having sleepless nights over it. I have no inside knowledge about it, obviously, but I can imagine what they are going through.  Could/can they handle things better? Yes, absolutely, just like there are many things about the sequence of events that BFL could have done better about.  Unfortunately, neither BFL nor Hashfast are large, multi-billion dollar corporations that have the resources to do that... we are a few people, bitcoin nerds mostly, trying to deliver a high demand product that grows exponentially before ones eyes.


Gulp! You may have a point, Josh.

BTW, this thread is lot more fun than all those BFL threads--combined. Here, we have the marketing arm (Long Dong Johnston, skro of Skropenis) dressed up as a pirate fucking everybody (literally) who comes along.

Albeit, I do miss the rainbow poodle and locusts.  Grin

And, if anybody is interested in a KinkLab review... https://www.youtube.com/watch?v=He7b8pWoj2c

But that's not what I came here to post about. Somebody may need to copy the following video for posterity in case it ups and vanishes like so many other links associated with HashFast that has happened most recently: https://www.youtube.com/watch?v=AfI70X78aLc

As seen, James Johnston posted a video about himself using the name Abram Kottmeier, soliciting a résumé while already on HashFast's payroll, teamed up with Skropenis.
Pages: « 1 ... 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 [364] 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 ... 586 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!