Bitcoin Forum
October 19, 2017, 08:48:27 PM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 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] 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 ... 586 »
  Print  
Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 864794 times)
Ytterbium
Full Member
***
Offline Offline

Activity: 238



View Profile WWW
January 20, 2014, 12:56:09 AM
 #7421

Ok, so lets consider for a moment if Hashfast did not do what was good for Hashfast... Hashfast refunds the BTC at the current rate, presumably having to purchase them off the open market. Where does that money come from?  They probably don't have it, as it's already been spent on development... but lets say they do have the cash to purchase at least some of the BTC back.  They exhaust all of their cash to do this and issue as many refunds as they can.  Now they have zero cash to continue operations (people don't generally work for free and suppliers sure as hell don't give away product for free), have not paid back everyone and are forced to go out of business.  

The end result of your solution: Some people get paid back, others get nothing. No one gets hardware.

At least to me, that sounds like a much worse solution than everyone at least getting your hardware, even if it is late.  If I were a customer, I'd rather have guaranteed late hardware than a crapshoot of a 1 in ten chance of a refund or nothing.  Maybe you have a different opinion.

How do YOU of all people, don't get that their problem isn't with their actions. It's with their communications.

If they kept communicating honestly every few days saying where the real problems are, when we can expect hardware, upgrade kits, MPP etc. there would be much less people asking for refunds, and they would be able to pay the rest out even at current rates.  After all, only a small percentage of people actually paid with BTC, right? (According to THEIR communications.)

At the start, you could only pay for babyjets with btc.  So I would guess that most of their customers paid in BTC.

Also, no, the problem is with their actions. They deliberately scammed people out of millions of dollars worth of BTC, knowing full well they'd never ship on time.  Same thing that BFL just did recently with their Monarchs, with a claimed October delivery date "estimate" with zero probability of hitting anything like that target. By the time the hardware will be delivered, it will be completely worthless.  Josh knew it, Hashfast knew it, and they deliberately scammed people.


As an impartial observer in this situation,

If asked, he might be willing to try to talk to the Hashfast management, if only to try to get them to communicate with their buyers. He has a much better chance of doing so than any of you. I know it's not how these things normally work, but both companies and Hashfast's customers could stand to gain from a bit of pragmatism.

How about it, Josh?

Wow, that is a truly intelligent and cogent post and probably pretty accurate given the US legal system.  Thank you for taking the time to make it.  

As far as the request goes, I doubt anyone here would listen to anything I would gain information wise, since it would likely contradict their own personal biases and the crusade née witch-hunt that is going on right now.  Very few people here want to hear the truth, they just want their beliefs confirmed and the truth be damned.

As bad as their reputation is, I seriously doubt they'd want to sully it further by actually having anything to do with Josh.

1508446107
Hero Member
*
Offline Offline

Posts: 1508446107

View Profile Personal Message (Offline)

Ignore
1508446107
Reply with quote  #2

1508446107
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508446107
Hero Member
*
Offline Offline

Posts: 1508446107

View Profile Personal Message (Offline)

Ignore
1508446107
Reply with quote  #2

1508446107
Report to moderator
cedivad
Legendary
*
Offline Offline

Activity: 1134



View Profile
January 20, 2014, 12:59:04 AM
 #7422

In order to introduce it into evidence in court, at lawyer would would need to actually get the poster to show up and take the stand, otherwise it would be inadmissible as hearsay.
Other than the fact that none of us is going in court, but rather in arbitration, what could you possibly prove? There is nothing in that post but an empty threat, and i can't underestimate him to the point were he really thinks i'm this stupid.

There are a lot of interesting things that could be said about the last 10 posts, but there is no reason to start a flame war by exposing them either. So i'm simply gonna keep reading both factions of this, the other one being the recent posts in the Cointerra thread. And yes, i suggest everyone interested to do the same.

After all, only a small percentage of people actually paid with BTC, right (According to THEIR communications.)

I must have missed this. Are you talking about the email where they say that:

Quote
Your amount of refund will be the same as the USD amount shown below and in your order confirmation.  Our products were purchased based on the purchase price stated in USD.  We accepted payment in Bitcoin and other currencies as a convenience to our customers.  For the great majority of our Batch 1 customers, we never received Bitcoin, but instead received USD from our payment processor, BitPay, and used the money to pay our suppliers and costs.   Most early customers received a preferable exchange rate that reduced our revenue by 8%-10%.  We also have customers that have paid in Bitcoin when the exchange rate was far higher than it is today, so our approach to providing refunds in USD is not a policy designed only to benefit us.  

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
Hoofprint
Full Member
***
Offline Offline

Activity: 155


View Profile
January 20, 2014, 01:18:26 AM
 #7423

As an impartial observer in this situation,

If asked, he might be willing to try to talk to the Hashfast management, if only to try to get them to communicate with their buyers. He has a much better chance of doing so than any of you. I know it's not how these things normally work, but both companies and Hashfast's customers could stand to gain from a bit of pragmatism.

How about it, Josh?


Bugger that, at no point now or in the future should BFL talk to Scamfast.
Last thing we need is josh to infect castro with his mystical pony land ideas
If its going to be anyone it should be KNC. if you love em or hate em least they got rigs out the door without to much delay

MT GOX, WE.exchange (WE.Scam), BFL (Brutally Fkn Last), Hashfast (ScamFast), IceDrill (Licedrill),
No wonder the governments don't like Bitcoin with all these parasites
Inaba
Legendary
*
Offline Offline

Activity: 1260



View Profile WWW
January 20, 2014, 01:26:36 AM
 #7424

As an impartial observer in this situation,

If asked, he might be willing to try to talk to the Hashfast management, if only to try to get them to communicate with their buyers. He has a much better chance of doing so than any of you. I know it's not how these things normally work, but both companies and Hashfast's customers could stand to gain from a bit of pragmatism.

How about it, Josh?


Bugger that, at no point now or in the future should BFL talk to Scamfast.
Last thing we need is josh to infect castro with his mystical pony land ideas
If its going to be anyone it should be KNC. if you love em or hate em least they got rigs out the door without to much delay

You mean discounting the fact that Hashfast is less late than KnC is at the moment?  KnC promised summer delivery and didn't ship until the middle of October.


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

Activity: 224


View Profile
January 20, 2014, 01:28:58 AM
 #7425

I must have missed this. Are you talking about the email where they say that:

Quote
Your amount of refund will be the same as the USD amount shown below and in your order confirmation.  Our products were purchased based on the purchase price stated in USD.  We accepted payment in Bitcoin and other currencies as a convenience to our customers.  For the great majority of our Batch 1 customers, we never received Bitcoin, but instead received USD from our payment processor, BitPay, and used the money to pay our suppliers and costs.   Most early customers received a preferable exchange rate that reduced our revenue by 8%-10%.  We also have customers that have paid in Bitcoin when the exchange rate was far higher than it is today, so our approach to providing refunds in USD is not a policy designed only to benefit us.  

Yes. Same quote, I would highlight a different section though:

Quote
For the great majority of our Batch 1 customers, we never received Bitcoin, but instead received USD from our payment processor, BitPay

Not saying it's true or false (wouldn't know - it's probably false just because HashFast said it)... just saying that they have severe communication issues.

This of course starts with the fact that they said they can ship in October without communicating any information about how they could possibly do that. They kept hiding behind NDA's.

With open communication they wouldn't have had this many refund requests (well, for starters, because they wouldn't have had this many orders, and the orders they DID have would have known what they were in for), and they WOULD be able to pay out the requests they had - even in BTC.
Syke
Legendary
*
Online Online

Activity: 2408


View Profile
January 20, 2014, 01:45:06 AM
 #7426

You mean discounting the fact that Hashfast is less late than KnC is at the moment?  KnC promised summer delivery and didn't ship until the middle of October.

KnC: Summer ended Sept 21, delivered mid Oct. Lets say 3 weeks late.
HashFast: "Ships Oct 20-30", still hasn't delivered mid January. Lets say 3 months late and counting.

"Hashfast is less late than KnC is." Wow. No wonder BFL is always late. You don't understand the difference between days, weeks, and months!

Buy & Hold
Ytterbium
Full Member
***
Offline Offline

Activity: 238



View Profile WWW
January 20, 2014, 02:18:27 AM
 #7427

In order to introduce it into evidence in court, at lawyer would would need to actually get the poster to show up and take the stand, otherwise it would be inadmissible as hearsay.
Other than the fact that none of us is going in court, but rather in arbitration, what could you possibly prove? There is nothing in that post but an empty threat, and i can't underestimate him to the point were he really thinks i'm this stupid.

There are a lot of interesting things that could be said about the last 10 posts, but there is no reason to start a flame war by exposing them either. So i'm simply gonna keep reading both factions of this, the other one being the recent posts in the Cointerra thread. And yes, i suggest everyone interested to do the same.

It's not that he thinks you're stupid, it's that he's actually that stupid himself.  He probably does think you can just bring a ream of printed out internet comments from other people to court to prove that your customers are mean, or have different opinions, or whatever, and win a case that way.

Because clearly, he is actually a very stupid person.

For example:

You mean discounting the fact that Hashfast is less late than KnC is at the moment?  KnC promised summer delivery and didn't ship until the middle of October.

KnC: Summer ended Sept 21, delivered mid Oct. Lets say 3 weeks late.
HashFast: "Ships Oct 20-30", still hasn't delivered mid January. Lets say 3 months late and counting.

"Hashfast is less late than KnC is." Wow. No wonder BFL is always late. You don't understand the difference between days, weeks, and months!

KnC initially projected summer when they announced their plan. However, when they started taking orders they said they would deliver in September.  They actually got the first Jupiter booted and running on September 30th, and the first customers actually got their units delivered on October 4th. I had an October order and I got mine around the middle of October, so as far as I'm concerned I actually got my unit earlier then I had expected.

Josh calling Hashfast less late then KnC is totally insane, and clearly indicative of a serious lack of intellectual capacity.

even if you held them to the "summer" thing, they would only be 1 month and 4 days late, equivalent to Hashfast shipping December 4th. But obviously, there is a huge difference between when your initial estimate and what you estimate when you start taking orders.

Shameless Beggar
Newbie
*
Offline Offline

Activity: 26


View Profile
January 20, 2014, 03:05:37 AM
 #7428

In order to introduce it into evidence in court, at lawyer would would need to actually get the poster to show up and take the stand, otherwise it would be inadmissible as hearsay.
Other than the fact that none of us is going in court, but rather in arbitration, what could you possibly prove? There is nothing in that post but an empty threat, and i can't underestimate him to the point were he really thinks i'm this stupid.

There are a lot of interesting things that could be said about the last 10 posts, but there is no reason to start a flame war by exposing them either. So i'm simply gonna keep reading both factions of this, the other one being the recent posts in the Cointerra thread. And yes, i suggest everyone interested to do the same.

It's not that he thinks you're stupid, it's that he's actually that stupid himself.  He probably does think you can just bring a ream of printed out internet comments from other people to court to prove that your customers are mean, or have different opinions, or whatever, and win a case that way.

Because clearly, he is actually a very stupid person.

For example:

You mean discounting the fact that Hashfast is less late than KnC is at the moment?  KnC promised summer delivery and didn't ship until the middle of October.

KnC: Summer ended Sept 21, delivered mid Oct. Lets say 3 weeks late.
HashFast: "Ships Oct 20-30", still hasn't delivered mid January. Lets say 3 months late and counting.

"Hashfast is less late than KnC is." Wow. No wonder BFL is always late. You don't understand the difference between days, weeks, and months!

KnC initially projected summer when they announced their plan. However, when they started taking orders they said they would deliver in September.  They actually got the first Jupiter booted and running on September 30th, and the first customers actually got their units delivered on October 4th. I had an October order and I got mine around the middle of October, so as far as I'm concerned I actually got my unit earlier then I had expected.

Josh calling Hashfast less late then KnC is totally insane, and clearly indicative of a serious lack of intellectual capacity.

even if you held them to the "summer" thing, they would only be 1 month and 4 days late, equivalent to Hashfast shipping December 4th. But obviously, there is a huge difference between when your initial estimate and what you estimate when you start taking orders.

I suspect Mr. Inaba, unfortunately, has more money than most of us and just chuckles at such statements.

like my post? 1FNuAmmNG8hYKNZPswDsMhVh1UcFEEz622
dislike it? 1BqBx2TBSn9REM4QLMyXgwzpK7TKQ8TMKu
RoadStress
Legendary
*
Offline Offline

Activity: 1610


View Profile
January 20, 2014, 03:06:26 AM
 #7429

As an impartial observer in this situation,

If asked, he might be willing to try to talk to the Hashfast management, if only to try to get them to communicate with their buyers. He has a much better chance of doing so than any of you. I know it's not how these things normally work, but both companies and Hashfast's customers could stand to gain from a bit of pragmatism.

How about it, Josh?


Bugger that, at no point now or in the future should BFL talk to Scamfast.
Last thing we need is josh to infect castro with his mystical pony land ideas
If its going to be anyone it should be KNC. if you love em or hate em least they got rigs out the door without to much delay

You mean discounting the fact that Hashfast is less late than KnC is at the moment?  KnC promised summer delivery and didn't ship until the middle of October.



3 October isn't middle of October, but you know better with your 9 months late products.

iCEBREAKER is a troll! He and cypherdoc helped HashFast scam 50 Million $ from its customers !
H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
DPoS
Sr. Member
****
Offline Offline

Activity: 462



View Profile
January 20, 2014, 05:22:52 AM
 #7430

You mean discounting the fact that Hashfast is less late than KnC is at the moment?  KnC promised summer delivery and didn't ship until the middle of October.

KnC: Summer ended Sept 21, delivered mid Oct. Lets say 3 weeks late.


I got my Jupiters Oct 9th and some people got them a week earlier..  how is that mid Oct?

also, the only point is to try to force HF on the actual communicated promises of full BTC returns.  If the law allows them to lie in this context since it wasn't completely spelled out in the ToS contract, then perhaps customers may try for the fraud in advertisement but that won't get full BTC back.

It is probably why they locked Simon in a closet and no one has ever heard from him again

If you could somehow drag him in as a witness under oath maybe he cracks...  long odds on that

~~BTC~~GAMBIT~~BTC~~Play Boardgames for Bitcoins!!~~BTC~~GAMBIT~~BTC~~ Something I say help? Donate BTC! 1KN1K1xStzsgfYxdArSX4PEjFfcLEuYhid
sickpig
Legendary
*
Offline Offline

Activity: 1218


View Profile
January 20, 2014, 10:02:50 AM
 #7431

As an impartial observer in this situation,

If asked, he might be willing to try to talk to the Hashfast management, if only to try to get them to communicate with their buyers. He has a much better chance of doing so than any of you. I know it's not how these things normally work, but both companies and Hashfast's customers could stand to gain from a bit of pragmatism.

How about it, Josh?


Bugger that, at no point now or in the future should BFL talk to Scamfast.
Last thing we need is josh to infect castro with his mystical pony land ideas
If its going to be anyone it should be KNC. if you love em or hate em least they got rigs out the door without to much delay

You mean discounting the fact that Hashfast is less late than KnC is at the moment?  KnC promised summer delivery and didn't ship until the middle of October.



Summer ends the 21th of septmber. First customers had their miners at hand on October the third.

Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
Hoofprint
Full Member
***
Offline Offline

Activity: 155


View Profile
January 20, 2014, 12:02:49 PM
 #7432

As an impartial observer in this situation,

If asked, he might be willing to try to talk to the Hashfast management, if only to try to get them to communicate with their buyers. He has a much better chance of doing so than any of you. I know it's not how these things normally work, but both companies and Hashfast's customers could stand to gain from a bit of pragmatism.

How about it, Josh?


Bugger that, at no point now or in the future should BFL talk to Scamfast.
Last thing we need is josh to infect castro with his mystical pony land ideas
If its going to be anyone it should be KNC. if you love em or hate em least they got rigs out the door without to much delay

You mean discounting the fact that Hashfast is less late than KnC is at the moment?  KnC promised summer delivery and didn't ship until the middle of October.




you realize right Sweden summer is at a different time of year then USA right.

MT GOX, WE.exchange (WE.Scam), BFL (Brutally Fkn Last), Hashfast (ScamFast), IceDrill (Licedrill),
No wonder the governments don't like Bitcoin with all these parasites
PuertoLibre
Legendary
*
Offline Offline

Activity: 1218



View Profile
January 20, 2014, 12:08:40 PM
 #7433

As an impartial observer in this situation,

If asked, he might be willing to try to talk to the Hashfast management, if only to try to get them to communicate with their buyers. He has a much better chance of doing so than any of you. I know it's not how these things normally work, but both companies and Hashfast's customers could stand to gain from a bit of pragmatism.

How about it, Josh?


Bugger that, at no point now or in the future should BFL talk to Scamfast.
Last thing we need is josh to infect castro with his mystical pony land ideas
If its going to be anyone it should be KNC. if you love em or hate em least they got rigs out the door without to much delay

You mean discounting the fact that Hashfast is less late than KnC is at the moment?  KnC promised summer delivery and didn't ship until the middle of October.




you realize right Sweden summer is at a different time of year then USA right.
Don't let facts stand in the way of Inaba, he might just trip.

            ▄▄▄███████████▄▄▄
        ▄▄█████████████████████▄
      ▄██████████████████████████▄
    ▄█████████████████▀▀▀██████████
   █████████████████       ███████
  ██████▀▀▀████████   ███   ██████   █
 █████       ██████   ███   ██████   ██
 ████   ███   █████   ███   █████   ███
█████   ███   █████   ███    ████   ████
█████   ███   █████   ████   ████   ████
████    ███   ████   █████   ███   █████
████   ████   ████   █████   ███   █████
▀███   ████   ████   ██████       █████
 ███   █████   ███   ████████▄▄▄███████
  █   ██████   ███   █████████████████
      ███████       █████████████████
     ██████████▄▄▄█████████████████▀
     ▀███████████████████████████▀
       ▀▀██████████████████████▀
           ▀▀▀████████████▀▀▀



Worldcore
▄▄
██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
▀▀  ██
    ██
    ▄▄
    ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ██
██  ▀▀
██   
ImI
Legendary
*
Offline Offline

Activity: 1666



View Profile
January 20, 2014, 12:18:13 PM
 #7434

clearly indicative of a serious lack of intellectual capacity.

I suspect Mr. Inaba, unfortunately, has more money than most of us and just chuckles at such statements.

i dont care about inaba's existent or non-existent intellectual capacity, but one thing is for sure, you dont measure intellectual capacity per money earned. pretty obv imo.
Shameless Beggar
Newbie
*
Offline Offline

Activity: 26


View Profile
January 20, 2014, 12:32:09 PM
 #7435

clearly indicative of a serious lack of intellectual capacity.

I suspect Mr. Inaba, unfortunately, has more money than most of us and just chuckles at such statements.

i dont care about inaba's existent or non-existent intellectual capacity, but one thing is for sure, you dont measure intellectual capacity per money earned. pretty obv imo.


All I am saying is words like that would not offend him one bit, on the contrary, it just entertains him I'm sure.

like my post? 1FNuAmmNG8hYKNZPswDsMhVh1UcFEEz622
dislike it? 1BqBx2TBSn9REM4QLMyXgwzpK7TKQ8TMKu
perezoso
Sr. Member
****
Offline Offline

Activity: 392


View Profile
January 20, 2014, 12:42:09 PM
 #7436

clearly indicative of a serious lack of intellectual capacity.

I suspect Mr. Inaba, unfortunately, has more money than most of us and just chuckles at such statements.

i dont care about inaba's existent or non-existent intellectual capacity, but one thing is for sure, you dont measure intellectual capacity per money earned. pretty obv imo.


All I am saying is words like that would not offend him one bit, on the contrary, it just entertains him I'm sure.

Who is Inaba?
TooDumbForBitcoin
Legendary
*
Offline Offline

Activity: 1180


HERO: The Future of Banking in Southeast Asia


View Profile
January 20, 2014, 01:49:22 PM
 #7437

Quote
you realize right Sweden summer is at a different time of year then USA right.

and this is one of the reasons I read these forums. 

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

Activity: 393


View Profile
January 20, 2014, 07:33:21 PM
 #7438

Is there a new HF twitter account? I was just looking at it and no posts to it since end of December. Bunch of Baby Jet and Sierra pics, assembly and board burn-in, and then nothing since. I know there are problems with the Baby Jet/ GN chip but this complete silence is strange. You would think they would post more pics just to let people know they are working on problems. If anything this might ease some of the hostility toward HF. Maybe their lawyer told them to remain silent due to pending litigation?
ImI
Legendary
*
Offline Offline

Activity: 1666



View Profile
January 20, 2014, 07:35:10 PM
 #7439

Is there a new HF twitter account? I was just looking at it and no posts to it since end of December. Bunch of Baby Jet and Sierra pics, assembly and board burn-in, and then nothing since. I know there are problems with the Baby Jet/ GN chip but this complete silence is strange. You would think they would post more pics just to let people know they are working on problems. If anything this might ease some of the hostility toward HF. Maybe their lawyer told them to remain silent due to pending litigation?

you answered your own question already
jjiimm_64
Legendary
*
Offline Offline

Activity: 1862


View Profile
January 20, 2014, 07:40:01 PM
 #7440

Is there a new HF twitter account? I was just looking at it and no posts to it since end of December. Bunch of Baby Jet and Sierra pics, assembly and board burn-in, and then nothing since. I know there are problems with the Baby Jet/ GN chip but this complete silence is strange. You would think they would post more pics just to let people know they are working on problems. If anything this might ease some of the hostility toward HF. Maybe their lawyer told them to remain silent due to pending litigation?

you answered your own question already

It is either that OR>

every single word and syllable is micro analysed by this forum to the point of silence.?

1jimbitm6hAKTjKX4qurCNQubbnk2YsFw
Pages: « 1 ... 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] 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 ... 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!