Incoming Avalon News 8/9/2013

[androz]

He posted the news.  

They're working on generation 2 of the chips and won't be selling the gen-1 chips once they're out of stock.  Also, they won't be doing pre-orders from this point on, only shipping from stock.  Also, the mafia is after them, which is why no response for 5 weeks.  And the chips should be shipping again by "the end of next week".

thx red

mafia after them? omg, at this point things r going weird  
hopefully at the end of next week, no ferengi will intercept the shipping and steal the chips  

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[Vigil]

I'm done with this paranoid skitzo...  Ignored.

Oh shit, I'm being ignored by Owen Wilson.

[ProfMac]

I'm done with this paranoid skitzo...  Ignored.

LOL.  What's left to read?

[GodHatesFigs]

You all accepted this risk when you sent your monies to a dude in China. Stop complaining, and just buy BTC directly next time.

[zurg]

No worries, Avalon is working on your compensation for the delay in shipping, lying, disappearing... (fill in the blank)

Each GB will receive the following note as saying sorry, our bad.



Ohh, nearly forgot, you will also get a 0.01% discount on Gen2 chips!

[Vigil]

You all accepted this risk when you sent your monies to a dude in China. Stop complaining, and just buy BTC directly next time.

Did you order any of these chips?

[Minor Miner]

Do I think when the mafia knocks on your door, you cannot get on an internet forum any time during a five week period?   No.
Do I think that a bunch of "really effing angry chinese customers that have been ignored by a POS" are the mafia?  NO.
Do I think that chips that we all know arrived at the forwarder in Hong Kong are stuck in CHINESE customs (HK may be part of china but chinese customs in on the mainland)?  No.
Do I think that everything will be fine and Yifu (after defeating the mob and forcing TSMC to run him a whole new ASAP) will ship all the chips next week?  No.
Do I think that Yifu delayed to keep difficulty as low as he could so that his miners that he held back from batch two could make him more money that could finance his "ready ship next generation"?  YES.
Do this help all of us that have batch II and III hashing?  YES.
Do I like making the additional money?   YES.
Do I think Yifu is a great guy for fucking a lot of other people so that he (and all us mining) can make more money?   No.
He is a no face piece of shit.   The sooner you all recognize this, the better.

[tarmi]

One of the reasons I am suspect of at least some of the group buy organizers and assemblers (i.e., TH) is that they have not been vocal at all on this subject - they remain completely silent. Why have they not all banned together to find answers weeks ago? None of it makes any sense unless they are involved or in the know somehow. They may already have the chips and are mining with them. TerraHash was originally supposed to ship the first orders between mid and late July, then they said August 15, now there is NO ETA.

They didn't plan to operate like a full-on scam where nothing would be delivered, it would just be delivered late and they assumed everything would quiet down once they were delivered even though the ROI was drastically reduced. In addition the first chip buyers who have their orders may have benefited as well by having the rest of the hashing power halted.

There may be members on this topic who are involved but playing good-cop/bad-cop.

I asked burnin what was his refund policy, since I paid in advance fo mor then 30 boards to him for the assembly job, and i paid more then 3500 euros for that, and he answered that he will not give full refunds, cause h ordered some parts that are needed for those boards. He stated that he will refund in his "financial boundries". I am really curious how much my refund will be.

He yesterday started to ship boards from zefirs first batch, I am in third.

So basicly i am screwed twice. Zefir said that we should sit and wait.

Scammy at least. Btw my order is a group order of small miners

They have it set up to benefit themselves and their buddies at the expense of everyone else - all of them are working together as a top-down pyramid scheme. They just needed the rest of us to fill-in the purchases and absorb all the excess chips needed to fulfill the fabrication limits. He will refund you a bit to the point he gets heavily discounted chip prices to add to his hashing power.

The boards are probably already done with the chips on them.

Burnin is a nice guy. Zefir was very professional too.you are exxaggerating.

The problem is that bitcoin failed twice here:

First, you have more chances to recover your money when paying with your credit card, or paypal.

And second, shit will fall on small miners, just like in reality they do, because system is corrupted.

[seleme]

Lol at people that thought Yifu is the good guy 

[tarmi]

Lol at people that thought Yifu is the good guy 

Indeed. Passing him icecreams, instead of dicks.

[SebastianJu]

One of the reasons I am suspect of at least some of the group buy organizers and assemblers (i.e., TH) is that they have not been vocal at all on this subject - they remain completely silent. Why have they not all banned together to find answers weeks ago? None of it makes any sense unless they are involved or in the know somehow. They may already have the chips and are mining with them. TerraHash was originally supposed to ship the first orders between mid and late July, then they said August 15, now there is NO ETA.

They didn't plan to operate like a full-on scam where nothing would be delivered, it would just be delivered late and they assumed everything would quiet down once they were delivered even though the ROI was drastically reduced. In addition the first chip buyers who have their orders may have benefited as well by having the rest of the hashing power halted.

There may be members on this topic who are involved but playing good-cop/bad-cop.

Where do you get this? I created a groupbuy and we bought 5.6 batches together. And im behind this all the time. Its disappointing how everytime random users appear and claim things without checking first.

Especially for you again: I called yifu for days 2-4 times each hour. He clicks you away or waits until it ends. He wont answer. I write emails and tickets... its useless. I collected all email addresses from everywhere i could find that belongs to people that are connected to avalon and might know more... no answer.

I created a thread here: https://bitcointalk.org/index.php?topic=264224 and together with the other thread it leaded at least to Yifu logging into the forum 2 times, maybe his new statement was pushed by this too.

I thought about sueing avalon but it would be pointless. The time the judge made his decision the chips are worth zero. So we are at some point at the mercy of Yifu. Of course if all is lost and he not even wants to pay a refund we have to sue him.

And then some seems to misunderstood the concept of a groupbuy. Its collecting money so that all can get something they couldnt buy alone. That means that money is gone when the product is ordered.

Let me say you one thing... if i would have known before how much trouble this groupbuy things mean, the hours i spent 7 days a week for months now, the trouble and anger to not reach Yifu and not getting support, the legal things and stress surrounding it, all the data to be collected, up to 95 pm's each day answering... i wouldnt do it again. And i tell this everyone who is asking me if he should do a groupbuy.

And now some random persons come in, i never heard of them, and demand i, and others, pay them back out of their own pocket. Man... thank you so much... i wish i could put the weight on my shoulders on yours for a while.

[DyslexicZombei]

Sebastian,

Thank you for the arrows you've taken to the knee for the cause. I have no horse in this race but I do recognize the stress and sacrifices made by those trying to orchestrate group buys.

If humans didn't take risks we'd still be swinging in the trees & using rocks as our primary tools!

For your sake & everyone else's that pre-ordered, I hope you get your chips very soon.

[-Redacted-]

I bought chips in batch #6.  I don't fault you or zefir the slightest bit.  What's this guy going to come up with next, that this is some sort of a plot by Burnin and BKKCoins and Terahash and LSD, and AlphaHPC, and Bitcentury, and all the others that invested development time and cash for parts into board building?  

And which batch did he buy chips in?  None of them?  Fuck him.  He didn't merit that response by SebastianJu...

[szym00]

Do not worry Sebastian, not many people think in the way he presented. For me you did a great job and I am grateful that I could participate in this 'race'... especially in the Batch#1 from you

[Vigil]

One of the reasons I am suspect of at least some of the group buy organizers and assemblers (i.e., TH) is that they have not been vocal at all on this subject - they remain completely silent. Why have they not all banned together to find answers weeks ago? None of it makes any sense unless they are involved or in the know somehow. They may already have the chips and are mining with them. TerraHash was originally supposed to ship the first orders between mid and late July, then they said August 15, now there is NO ETA.

They didn't plan to operate like a full-on scam where nothing would be delivered, it would just be delivered late and they assumed everything would quiet down once they were delivered even though the ROI was drastically reduced. In addition the first chip buyers who have their orders may have benefited as well by having the rest of the hashing power halted.

There may be members on this topic who are involved but playing good-cop/bad-cop.

Where do you get this? I created a groupbuy and we bought 5.6 batches together. And im behind this all the time. Its disappointing how everytime random users appear and claim things without checking first.

Especially for you again: I called yifu for days 2-4 times each hour. He clicks you away or waits until it ends. He wont answer. I write emails and tickets... its useless. I collected all email addresses from everywhere i could find that belongs to people that are connected to avalon and might know more... no answer.

I created a thread here: https://bitcointalk.org/index.php?topic=264224 and together with the other thread it leaded at least to Yifu logging into the forum 2 times, maybe his new statement was pushed by this too.

I thought about sueing avalon but it would be pointless. The time the judge made his decision the chips are worth zero. So we are at some point at the mercy of Yifu. Of course if all is lost and he not even wants to pay a refund we have to sue him.

And then some seems to misunderstood the concept of a groupbuy. Its collecting money so that all can get something they couldnt buy alone. That means that money is gone when the product is ordered.

Let me say you one thing... if i would have known before how much trouble this groupbuy things mean, the hours i spent 7 days a week for months now, the trouble and anger to not reach Yifu and not getting support, the legal things and stress surrounding it, all the data to be collected, up to 95 pm's each day answering... i wouldnt do it again. And i tell this everyone who is asking me if he should do a groupbuy.

And now some random persons come in, i never heard of them, and demand i, and others, pay them back out of their own pocket. Man... thank you so much... i wish i could put the weight on my shoulders on yours for a while.

I didn't blame you for anything. If you read anything I wrote I never said "all", I said "some", nor did I ever list any names. All I am doing is adding pieces together, something happened "behind closed doors" and it likely involves some people connected with some of the group purchases. Someone is benefiting... the mafia story is BS, the customs story is BS, etc. If those stories are BS then there is a real story, one which the interested parties don't want anyone to know. Someone took pictures of the chips and posted here for us to see weeks ago.

[greaterninja]

Lets look at the situation in a civil manner.  There are still several deficient areas that need addressing:


There still are people who have not gotten their Batch #1, Batch #2, Batch #3, Trade-ins and chip units.

Batch 1,2, and Trade-ins are outstanding orders that should be processed.  Some of these orders, including mine have yet to be added to the store.

2 out of 3 of my orders have been filled.  ~ 4 months later, My Trade-ins have yet to be added to my store account.  I've invested ~$11,000 in Avalon.  
6 months later...Yeah I'm disappointed.

[RoadStress]

Isn't anyone else concerned that while BitSyncom stated that Avalon team members were extorted but they are planning an immediate delivery of their Gen2 chip? How is this possible? Are the problems over? What are the chances they get extorted again and again? What are the security measures they took?

[Vigil]

I bought chips in batch #6.  I don't fault you or zefir the slightest bit.  What's this guy going to come up with next, that this is some sort of a plot by Burnin and BKKCoins and Terahash and LSD, and AlphaHPC, and Bitcentury, and all the others that invested development time and cash for parts into board building?  

And which batch did he buy chips in?  None of them?  Fuck him.  He didn't merit that response by SebastianJu...

They are going to deliver the boards, but when it will take months to a year to get ROI. I bought chips through TH so I could go through PayPal. And TH has been shady as hell with practically no comments regarding this situation, no comments clearing-up whether they were trying to contact Yifu. And who went to visit TH to confirm they were "legit"? Bargraphics did. The shillingest asshole on the forums who prepurchased hardware he couldn't even pay for so he could resell them because he knew they would never be delivered on time.

Smiling faces sometimes pretend to be your friend - A smile is just a frown turned upside down.

Isn't anyone else concerned that while BitSyncom stated that Avalon team members were extorted but they are planning an immediate delivery of their Gen2 chip? How is this possible? Are the problems over? What are the chances they get extorted again and again? What are the security measures they took?

Yeah, because he wants to give them to all those who were able to profit off his Avalons at the expense of the smaller guys and do so in order to prevent the smaller guys from getting their ROI. He is catering to a certain crowd - the guys who already have lots of BTC and can make the purchases. He wants to suck the money from the poor guys and transfer it.

[s40ward]

Dear Yifu,
Your personal and business conduct is deplorable. I am a customer and I feel robbed by your "company". I hope your silence and failure to deliver your time-sensitive product on time was the right move for you. These forum people are pretty pissed off. Did you do the same thing to your Chinese customers? Is this the supposed "mafia" that's after you? Based on your past posts and treatment of customers, I'm not surprised. Why are so many Avalon chips for sale through Alibaba? Why did you fail to answer a single pm or ticket or whatever for 1+ month, while your orders were late? No one here believes your story.

Good day,
Customer-you've-lost

[Vigil]

Dear Yifu,
Your personal and business conduct is deplorable. I am a customer and I feel robbed by your "company". I hope your silence and failure to deliver your time-sensitive product on time was the right move for you. These forum people are pretty pissed off. Did you do the same thing to your Chinese customers? Is this the supposed "mafia" that's after you? Based on your past posts and treatment of customers, I'm not surprised. Why are so many Avalon chips for sale through Alibaba? Why did you fail to answer a single pm or ticket or whatever for 1+ month, while your orders were late? No one here believes your story.

Good day,
Customer-you've-lost

He is probably a traitor to begin with, helping send the BTC tech and money to China - help out the homeland.