Bitcoin Forum
April 30, 2024, 08:08:58 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: « 1 ... 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 [75] 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 »
  Print  
Author Topic: Incoming Avalon News 8/9/2013  (Read 186648 times)
Syke
Legendary
*
Offline Offline

Activity: 3878
Merit: 1193


View Profile
August 23, 2013, 04:50:07 PM
 #1481

Or this?
< ozbot> 50810339.04828 | Next Diff in 200 blocks | Estimated Change: 28.9747% in 0d 23h 33m 12s

Ack! Sad

That's gonna leave a mark.

Look on the bright side, it's not as bad as the last one. The previous adjustment was +36%.

Buy & Hold
1714507738
Hero Member
*
Offline Offline

Posts: 1714507738

View Profile Personal Message (Offline)

Ignore
1714507738
Reply with quote  #2

1714507738
Report to moderator
Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714507738
Hero Member
*
Offline Offline

Posts: 1714507738

View Profile Personal Message (Offline)

Ignore
1714507738
Reply with quote  #2

1714507738
Report to moderator
1714507738
Hero Member
*
Offline Offline

Posts: 1714507738

View Profile Personal Message (Offline)

Ignore
1714507738
Reply with quote  #2

1714507738
Report to moderator
Bitcoinorama
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500



View Profile
August 23, 2013, 05:06:57 PM
Last edit: August 23, 2013, 05:19:20 PM by Bitcoinorama
 #1482

Yifu is communicating now as much as he did during the Batch #2 fulfillment period.  This cannot be a surprise.  These chips are late, but so was Batch #1 and Batch #2.  This knowledge was in front of you when you made the purchase.  Tell me what answer you will give to the judge when he says "Isn't that curious.  Tell me why you thought he would ship on time this time?"

Dude, they pre-mined the crap out of Batch #2. That's why there was no communication as they delayed as much as possible.

They mined until the units turned up covered internally with dust and preconfigured to pools. Way beyond that of 'testing'. It was so noticeable, that they had to halt sending the dust coated pre-configured pre-mined silver units and re-start Batch #2 shipping, sending out fresh black ones that were intended for Batch #3 orders.

Hence the obscene delay in Batch #3.

C'mon man, be fair, this behaviour is inexcusable.

I want to believe this wasn't the case, but look at the evidence. At this point ignoring the subject will not help.

In the context of pursuing a lawsuit, the important question is "will a judge believe this."



Well if one can provide photographic evidence. Check.

Reports from legitimate purchasers with photographic evidence at the time pf receipt of goods, as well as courier documents/customs dockets. Check.

Evidence that units were preconfigured to specific pools where 900BTC (approx equal to US$1m, of a an approx $1B currency, further directly manipulating it's overall supply) has accumulated to specific wallets within specific dates. Check.

I'd find it hard for a judge not to consider such empirical evidence.

Especially when further corroborated with the evidence that the manufacture of chips equal to all the community bulk orders in total was in fact in Bitsycom's possession from late June. Posted by one of their own design team, and a total blanket on any communication from those entrusted with the funds and orders for weeks subsequent, followed by continued ignorance of their existence and inconsistent excuses.

Not to mention continual promises to refund which never transpire, and an aggressive increase in global hashrate throughout he same period which cannot be solely attributed to another US based manufacturer with an awful track record of delivering anything.

EDIT: As I have been quite rightly corrected 900btc is not equal to US1m, yet is substantial. As such the pre-mining may be less significant in the supply of BTC, but holding or reselling the quantity of chips on order is not. That said I want Yifu to retain 'Hero' status, but this is beyond giving the benefit of doubt now.

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp
KS
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250


View Profile
August 23, 2013, 05:13:40 PM
 #1483

900BTC ≃ 100K USD.

800K GB chips @ 0.0782 BTC/u. @ 115 USD/BTC = 6.9 million USD. => THIS is where the hurt is coming from.
af_newbie
Legendary
*
Offline Offline

Activity: 2688
Merit: 1468



View Profile WWW
August 23, 2013, 05:46:01 PM
 #1484

Yifu is communicating now as much as he did during the Batch #2 fulfillment period.  This cannot be a surprise.  These chips are late, but so was Batch #1 and Batch #2.  This knowledge was in front of you when you made the purchase.  Tell me what answer you will give to the judge when he says "Isn't that curious.  Tell me why you thought he would ship on time this time?"

Dude, they pre-mined the crap out of Batch #2. That's why there was no communication as they delayed as much as possible.

They mined until the units turned up covered internally with dust and preconfigured to pools. Way beyond that of 'testing'. It was so noticeable, that they had to halt sending the dust coated pre-configured pre-mined silver units and re-start Batch #2 shipping, sending out fresh black ones that were intended for Batch #3 orders.

Hence the obscene delay in Batch #3.

C'mon man, be fair, this behaviour is inexcusable.

I want to believe this wasn't the case, but look at the evidence. At this point ignoring the subject will not help.

In the context of pursuing a lawsuit, the important question is "will a judge believe this."



Well if one can provide photographic evidence. Check.

Reports from legitimate purchasers with photographic evidence at the time pf receipt of goods, as well as courier documents/customs dockets. Check.

Evidence that units were preconfigured to specific pools where 900BTC (approx equal to US$1m, of a an approx $1B currency, further directly manipulating it's overall supply) has accumulated to specific wallets within specific dates. Check.

I'd find it hard for a judge not to consider such empirical evidence.

Especially when further corroborated with the evidence that the manufacture of chips equal to all the community bulk orders in total was in fact in Bitsycom's possession from late June. Posted by one of their own design team, and a total blanket on any communication from those entrusted with the funds and orders for weeks subsequent, followed by continued ignorance of their existence and inconsistent excuses.

Not to mention continual promises to refund which never transpire, and an aggressive increase in global hashrate throughout he same period which cannot be solely attributed to another US based manufacturer with an awful track record of delivering anything.

EDIT: As I have been quite rightly corrected 900btc is not equal to US1m, yet is substantial. As such the pre-mining may be less significant in the supply of BTC, but holding or reselling the quantity of chips on order is not. That said I want Yifu to retain 'Hero' status, but this is beyond giving the benefit of doubt now.

Unfortunately, he probably did not break any laws.  Unfair business practice, maybe.  Unethical, of course. Liar, liar pants on fire, you bet.  But unfortunately in the US, he probably did not break any laws.
Not sure, you might want to check with your lawyer.  

Disclaimer: I'm biased because I've sent my Icarus boards to this guy.  In April.

joeventura
Hero Member
*****
Offline Offline

Activity: 854
Merit: 500



View Profile
August 23, 2013, 05:53:14 PM
 #1485

he says here:
http://www.avalon-asics.com/

That he is processing refunds.

Why are the Group buy people asking for refunds?

(sorry if this is a stupid question)
-Redacted-
Hero Member
*****
Offline Offline

Activity: 574
Merit: 501


View Profile
August 23, 2013, 05:56:51 PM
 #1486

They aren't - these are Avalon Batch 1,2,3 refunds and trade ins.
RChevalier
Member
**
Offline Offline

Activity: 94
Merit: 10



View Profile
August 23, 2013, 05:57:33 PM
 #1487

Starting to wonder if the creator of Bitcoin made a typo.  The "i" is right next to the "o".  Maybe the second "i" wasn't suppose to be there.
VolanicEruptor
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250



View Profile
August 23, 2013, 06:02:18 PM
 #1488

Starting to wonder if the creator of Bitcoin made a typo.  The "i" is right next to the "o".  Maybe the second "i" wasn't suppose to be there.

You had a good idea for a joke but executed with very poor delivery..lol

RChevalier
Member
**
Offline Offline

Activity: 94
Merit: 10



View Profile
August 23, 2013, 06:07:31 PM
 #1489

You had a good idea for a joke but executed with very poor delivery..lol

I admit I like your joke better.
Phinnaeus Gage
Legendary
*
Offline Offline

Activity: 1918
Merit: 1570


Bitcoin: An Idea Worth Spending


View Profile WWW
August 23, 2013, 06:16:07 PM
 #1490

You had a good idea for a joke but executed with very poor delivery..lol

I admit I like your joke better.

Incoming... from a guy who used to do standup comedy in Nashville...
MSantori
Full Member
***
Offline Offline

Activity: 168
Merit: 100



View Profile
August 24, 2013, 02:11:45 PM
 #1491

If you are looking to explain this issue to a litigator, then he'll want to see a few things up front:

1) what are the terms of that governed the transaction?
2) what is the timeline of the parties' statements and representations (who did/said what when)?
3) how many orders were placed and who placed them?
4) what was the cost of each order and the total orders?
5) what orders were/were not shipped?

This information isn't always available, of course.  Nonetheless, a class action suit needs a few informed, passionate lead plaintiffs to communicate information like this to their lawyer, whomever that may be.

Marco Santori is a lawyer, but not your lawyer, and this is not legal advice.  If you do have specific questions, though, please don't hesitate to PM me.  We've learned this forum isn't 100% secure, so you might prefer to email me.  Maybe I can help!  Depending upon your jurisdiction, this post might be construed as attorney advertising, so: attorney advertising Smiley
Micky25
Legendary
*
Offline Offline

Activity: 974
Merit: 1000



View Profile
August 24, 2013, 02:25:23 PM
 #1492

Thank you for your statement Marco. Would you be interested in an employment about this issue? What/how much would you need to get this going?
dan99
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250



View Profile
August 24, 2013, 02:54:15 PM
 #1493

Yifu is communicating now as much as he did during the Batch #2 fulfillment period.  This cannot be a surprise.  These chips are late, but so was Batch #1 and Batch #2.  This knowledge was in front of you when you made the purchase.  Tell me what answer you will give to the judge when he says "Isn't that curious.  Tell me why you thought he would ship on time this time?"

Dude, they pre-mined the crap out of Batch #2. That's why there was no communication as they delayed as much as possible.

They mined until the units turned up covered internally with dust and preconfigured to pools. Way beyond that of 'testing'. It was so noticeable, that they had to halt sending the dust coated pre-configured pre-mined silver units and re-start Batch #2 shipping, sending out fresh black ones that were intended for Batch #3 orders.

Hence the obscene delay in Batch #3.

C'mon man, be fair, this behaviour is inexcusable.

I want to believe this wasn't the case, but look at the evidence. At this point ignoring the subject will not help.

Couldn't agreed more
tiros
Full Member
***
Offline Offline

Activity: 126
Merit: 100


Just another miner


View Profile
August 24, 2013, 03:04:05 PM
 #1494

Zefir - https://bitcointalk.org/index.php?topic=177827.0
Code:
2013-04-30: Batch 7 ordered - Expected date of arrival (10 weeks) - 2013-07-09 ---> - 48 days
2013-04-30: Batch 6 ordered - Expected date of arrival (10 weeks) - 2013-07-09 ---> - 48 days
2013-04-28: Batch 5 ordered - Expected date of arrival (10 weeks) - 2013-07-07 ---> - 50 days
2013-04-24: Batch 4 ordered - Expected date of arrival (10 weeks) - 2013-07-03 ---> - 54 days
2013-04-20: Batch 3 ordered - Expected date of arrival (10 weeks) - 2013-06-29 ---> - 57 days
2013-04-18: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-06-27 - delivered - 2013-08-23 - 58 days late
2013-04-16: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-06-25 - delivered - 2013-07-24 - 29 days late
Big Time Coin - https://bitcointalk.org/index.php?topic=180093.0
Code:
2013-04-17: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-06-26 ---> - 60 days - received shipping info
ragingazn628 - https://bitcointalk.org/index.php?topic=189220.0
Code:
2013-04-27: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-07-06 ---> - 50 days
Steamboat - https://bitcointalk.org/index.php?topic=192916.0
Code:
2013-07-06: Batch 6 ordered - Expected date of arrival (10 weeks) - 2013-09-14 ---> + 22 days
2013-06-05: Batch 5 ordered - Expected date of arrival (10 weeks) - 2013-08-14 ---> - 10 days
2013-05-28: Batch 4 ordered - Expected date of arrival (10 weeks) - 2013-08-06 ---> - 19 days
2013-05-22: Batch 3 ordered - Expected date of arrival (10 weeks) - 2013-07-31 ---> - 25 days
2013-05-11: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-07-20 ---> - 36 days
2013-05-01: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-07-10 ---> - 46 days
SebastianJu' - https://bitcointalk.org/index.php?topic=187660.0
Code:
2013-07-07: Batch 6 ordered - Expected date of arrival (10 weeks) - 2013-09-15 ---> + 23 days
2013-06-13: Batch 5 ordered - Expected date of arrival (10 weeks) - 2013-08-22 ---> -  2 days
2013-05-27: Batch 4 ordered - Expected date of arrival (10 weeks) - 2013-08-05 ---> - 20 days
2013-05-23: Batch 3 ordered - Expected date of arrival (10 weeks) - 2013-08-01 ---> - 24 days
2013-05-18: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-07-27 ---> - 28 days
2013-05-11: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-07-20 ---> - 35 days
t13hydra - https://bitcointalk.org/index.php?topic=189582.0   Sample chips unboxing  - https://www.youtube.com/watch?v=x1FLE59Hzck
Code:
2013-06-30: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-08-15 ---> - 10 days
2013-05-23: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-08-01 ---> - 24 days
kslaughter
https://bitcointalk.org/index.php?topic=158806.msg2370446#msg2370446
Code:
2013-06-01: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-08-10 ---> - 15 days
2013-05-28: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-08-06 ---> - 19 days
bizwoo - https://bitcointalk.org/index.php?topic=200067.0
Code:
2013-07-08: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-09-16 ---> + 25 days
2013-06-08: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-08-17 ---> -  7 days
marto74 - https://bitcointalk.org/index.php?topic=217316.0
Code:
2013-07-06: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-09-14 ---> + 22 days
2013-06-17: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-08-26 ---> +  3 days

Total 270K of chips
220K are already late
50K still in time frame

Courtesy of paul3
Combined spreadsheet with the avalon payment address (1FGAftzSTztFSB8LMwsrdCKTyqGY6zr3sU).

https://docs.google.com/spreadsheet/ccc?key=0AiLYkKIHJaIsdHpIaGdUOWRYVUdncTNpNlVKbVhCbEE&usp=sharing

Info about the data in the spreadsheet:

Order: There are some payments that don't have the hole payment amount in one transaction, these have the same Order "ID". For example order 4 -> Payment 1: 700.6, Payment 2: 55, Payment 1: 26.5.

In total there are 54 orders, containing 97 * 10.000 Chips.

Updated daily - See more and help out at
https://bitcointalk.org/index.php?topic=277198.0

Greed shouldn't be the essence of bitcoin
fasmax
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


View Profile
August 24, 2013, 03:48:37 PM
 #1495

So the only news since 8/9/2013 is one more batch of chip has been delivered.
Over 2 weeks has passed and only one more delivered.
tiros
Full Member
***
Offline Offline

Activity: 126
Merit: 100


Just another miner


View Profile
August 24, 2013, 04:57:12 PM
 #1496

So the only news since 8/9/2013 is one more batch of chip has been delivered.
Over 2 weeks has passed and only one more delivered.

We only have limited info about all the batches in queue (see spreadsheet), so we don't have a way knowing.
Since OP two of the customers received shipping info (limited info), and only zefir got his batch #2.
There was no reply from Big Time Coin, but I asked on open forum and not by PM.

Edit: PM sent to Big Time Coin

Greed shouldn't be the essence of bitcoin
ionstorm
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250


View Profile
August 26, 2013, 02:15:16 PM
Last edit: August 26, 2013, 02:33:38 PM by ionstorm
 #1497


got an idea guys, click on Bitsyncom's trust and give him a poor review:  https://bitcointalk.org/index.php?action=trust;u=68196

it'll look like this: http://imgur.com/q58JdcB


Tigggger
Legendary
*
Offline Offline

Activity: 1098
Merit: 1000



View Profile
August 26, 2013, 03:08:36 PM
 #1498

got an idea guys, click on Bitsyncom's trust and give him a poor review:  https://bitcointalk.org/index.php?action=trust;u=68196

it'll look like this: http://imgur.com/q58JdcB


Which highlights how dumb the feedback system is, as on my screen it shows the following, which gives no indication that this is someone to avoid, or that lots of negative feedback has been left.


RoadStress
Legendary
*
Offline Offline

Activity: 1904
Merit: 1007


View Profile
August 26, 2013, 03:16:35 PM
 #1499

got an idea guys, click on Bitsyncom's trust and give him a poor review:  https://bitcointalk.org/index.php?action=trust;u=68196

it'll look like this: http://imgur.com/q58JdcB


Which highlights how dumb the feedback system is, as on my screen it shows the following, which gives no indication that this is someone to avoid, or that lots of negative feedback has been left.



Wow! I never actually pushed the Rating button. What's wrong with that? Why is it still 0?

ibminer
Legendary
*
Offline Offline

Activity: 1816
Merit: 2787


Goonies never say die.


View Profile WWW
August 26, 2013, 03:18:21 PM
 #1500

got an idea guys, click on Bitsyncom's trust and give him a poor review:  https://bitcointalk.org/index.php?action=trust;u=68196

it'll look like this: http://imgur.com/q58JdcB


Which highlights how dumb the feedback system is, as on my screen it shows the following, which gives no indication that this is someone to avoid, or that lots of negative feedback has been left.



Wow! I never actually pushed the Rating button. What's wrong with that? Why is it still 0?

I think it only shows red when other people in your own 'trust network' have marked negative feedback... there also seems to be a built in default trust list, and I would assume if any of those members posted negative feedback, it would show up for everyone.... not entirely sure though.

Pages: « 1 ... 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 [75] 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!