Incoming Avalon News 8/9/2013

[Syke]

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

Ack!

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%.

[Bitcoinorama]

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.

[KS]

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]

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]

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-]

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

[RChevalier]

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]

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]

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

I admit I like your joke better.

[Phinnaeus Gage]

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]

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.

[Micky25]

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]

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]

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

[fasmax]

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]

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

[ionstorm]

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]

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]

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]

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.