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Author Topic: Time to sue ButterflyLabs - Big Single-SC owner let's league for class action  (Read 39301 times)
Red_Wolf_2
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August 25, 2013, 07:59:37 AM
 #201

Oh yeah, and with 20/20 hindsight we all knew the bitcoin price was going to go to $250+... Suuuure...
Truth is, people took some risks, and in their opinion it didn't pay off. As much as it seems to be the thing to blame others for mistakes made by people, you really do need to face up to the fact that it was always a risk to do business with BFL. I did because the risk didn't bother me, in the end it will likely pay off for me.

Again we get back to the paying with bitcoin stuff. That was my decision, and at the time I actually figured there was a good chance bitcoin would go back to the ~$3 range (the price rise already looked like a bubble then). I took that risk, it didn't pay off, but that is life. If I had invested real money rather than gpu time I would only be concerned with ROI on the cash I put in, namely what bitcoin is worth in FIAT today. Now if the price of bitcoin had remained steady but the difficulty had climbed as high as it has, then there would be reason to be pissed off.

With the 20/20 hindsight, you may as well say we all got ripped off for not mining more with GPUs when bitcoin first started up, or when OpenCL based mining was developed. It is silly to work on this basis, and the only reason you do so is because you WANT people to feel ripped off, in order to stoke and stroke your ego more. Guess it makes you feel righteous and that you matter in this world a bit?

Oh, and honorable heroes? You've done it now... Seriously, it will take k9 and phinneaus a few hours to recover and rejoin the circlejerk.
k9: Didn't know you found circlejerks to be so mathematical!



When I ordered my 4 Jalapeno's,my math was at $6 per BTC.So,100BTC ($600) at a diff of 6569200 (50TH),it would have taken about 2 months...back then.

                  Coins   Dollars

 per Day      ฿2.30    $13.78

per Week    ฿16.08   $96.46

per Month   ฿69.82  $418.91

Thank god I upgraded to a LS,that extra 12GH made a big difference in my profit margin..........

I/we had NO idea that BTC was going to go up so soon...thank god it did,otherwise I NEVER WOULD HAVE ROI"D !!!!!!!

It worked out ONLY because the spike in BTC price.

I still won't get my 100BTC out of it,but I have got my money back...only because I ordered 1st day   Tongue

They aren't even out of July order's for LS & Singles......WTF  Huh

IF BFL had delivered in January as I had thought,I/we would have made out like 1st batch Avalons did,almost......but NOOOO,BFL couldn't do anything right & THEN LIED ABOUT IT,saying "2 more weeks™",over & over & over again.Thats what I'm pissed about,being late & LYING for freakin 6 months................ Angry

I've been mining since June 2011 with a startup of $1000,I made almost $8,000 or more with that initial investment & haven't put any cash out of pocket in since then.Had BFL delivered on time I would have made enough to reinvest several times over,but to keep "in the game",I'm going to have to add several thousand dollars ....again...

You just don't get it do you,in about 2 months or less the only BFL customers to make ANYTHING off thier investment will be the MR guys...maybe.All other devices will be paperweights...NO ROI....nothing extra.

You have a November order  Huh   LMAO,you'll see how much you'll make back when you get your order in October.........or later  Cheesy

This isn't about "ego's",this is about LIARS,pure & simple.Oh wait,that's why you can't get it,it's too simple..................

If the price had not risen, what makes you think the difficulty would have risen? Less people would have seen mining as a profitable venture so the difficulty would not have risen anywhere near the level it has. Both the price of bitcoin and the difficulty rate have risen in response to demand of different things, demand for bitcoin and demand for mining power to mine bitcoin, and they are related.

If you are going to hypothetically change one value, please factor in the others that will change as a result.

Probably should put something here.... Maybe an LTC address?
LeNdJidEvsyogSu2KbC1u3bfJSdcjACFsF
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August 25, 2013, 08:09:24 AM
 #202

Oh yeah, and with 20/20 hindsight we all knew the bitcoin price was going to go to $250+... Suuuure...
Truth is, people took some risks, and in their opinion it didn't pay off. As much as it seems to be the thing to blame others for mistakes made by people, you really do need to face up to the fact that it was always a risk to do business with BFL. I did because the risk didn't bother me, in the end it will likely pay off for me.

Again we get back to the paying with bitcoin stuff. That was my decision, and at the time I actually figured there was a good chance bitcoin would go back to the ~$3 range (the price rise already looked like a bubble then). I took that risk, it didn't pay off, but that is life. If I had invested real money rather than gpu time I would only be concerned with ROI on the cash I put in, namely what bitcoin is worth in FIAT today. Now if the price of bitcoin had remained steady but the difficulty had climbed as high as it has, then there would be reason to be pissed off.

With the 20/20 hindsight, you may as well say we all got ripped off for not mining more with GPUs when bitcoin first started up, or when OpenCL based mining was developed. It is silly to work on this basis, and the only reason you do so is because you WANT people to feel ripped off, in order to stoke and stroke your ego more. Guess it makes you feel righteous and that you matter in this world a bit?

Oh, and honorable heroes? You've done it now... Seriously, it will take k9 and phinneaus a few hours to recover and rejoin the circlejerk.
k9: Didn't know you found circlejerks to be so mathematical!



When I ordered my 4 Jalapeno's,my math was at $6 per BTC.So,100BTC ($600) at a diff of 6569200 (50TH),it would have taken about 2 months...back then.

                  Coins   Dollars

 per Day      ฿2.30    $13.78

per Week    ฿16.08   $96.46

per Month   ฿69.82  $418.91

Thank god I upgraded to a LS,that extra 12GH made a big difference in my profit margin..........

I/we had NO idea that BTC was going to go up so soon...thank god it did,otherwise I NEVER WOULD HAVE ROI"D !!!!!!!

It worked out ONLY because the spike in BTC price.

I still won't get my 100BTC out of it,but I have got my money back...only because I ordered 1st day   Tongue

They aren't even out of July order's for LS & Singles......WTF  Huh

IF BFL had delivered in January as I had thought,I/we would have made out like 1st batch Avalons did,almost......but NOOOO,BFL couldn't do anything right & THEN LIED ABOUT IT,saying "2 more weeks™",over & over & over again.Thats what I'm pissed about,being late & LYING for freakin 6 months................ Angry

I've been mining since June 2011 with a startup of $1000,I made almost $8,000 or more with that initial investment & haven't put any cash out of pocket in since then.Had BFL delivered on time I would have made enough to reinvest several times over,but to keep "in the game",I'm going to have to add several thousand dollars ....again...

You just don't get it do you,in about 2 months or less the only BFL customers to make ANYTHING off thier investment will be the MR guys...maybe.All other devices will be paperweights...NO ROI....nothing extra.

You have a November order  Huh   LMAO,you'll see how much you'll make back when you get your order in October.........or later  Cheesy

This isn't about "ego's",this is about LIARS,pure & simple.Oh wait,that's why you can't get it,it's too simple..................

If the price had not risen, what makes you think the difficulty would have risen? Less people would have seen mining as a profitable venture so the difficulty would not have risen anywhere near the level it has. Both the price of bitcoin and the difficulty rate have risen in response to demand of different things, demand for bitcoin and demand for mining power to mine bitcoin, and they are related.

If you are going to hypothetically change one value, please factor in the others that will change as a result.

EXACTLY..............WOW your smart!!!!!!!!!!  Shocked

The diff would have risen only due to Avalon & BFL.........no one else was a ASIC player back in January...........

As of June or later we have "UNKNOWNS" mining,no one knows who they are or how much hashrate they have.Along with AM & a few known self mining farms.............

The only "value" that has changed is BFL & Avalon "holding" our fucken products for WAY TOO LONG & costing us BTC/money!!!!!!

I'm glad you don't care about ROI or profit,cause you ain't makin it with any BFL orders of yours LMAO Cheesy Cheesy

"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole."  -Raylan Givens
Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be
"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan Smiley
Red_Wolf_2
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August 25, 2013, 08:14:07 AM
 #203

Oh yeah, and with 20/20 hindsight we all knew the bitcoin price was going to go to $250+... Suuuure...
Truth is, people took some risks, and in their opinion it didn't pay off. As much as it seems to be the thing to blame others for mistakes made by people, you really do need to face up to the fact that it was always a risk to do business with BFL. I did because the risk didn't bother me, in the end it will likely pay off for me.

Again we get back to the paying with bitcoin stuff. That was my decision, and at the time I actually figured there was a good chance bitcoin would go back to the ~$3 range (the price rise already looked like a bubble then). I took that risk, it didn't pay off, but that is life. If I had invested real money rather than gpu time I would only be concerned with ROI on the cash I put in, namely what bitcoin is worth in FIAT today. Now if the price of bitcoin had remained steady but the difficulty had climbed as high as it has, then there would be reason to be pissed off.

With the 20/20 hindsight, you may as well say we all got ripped off for not mining more with GPUs when bitcoin first started up, or when OpenCL based mining was developed. It is silly to work on this basis, and the only reason you do so is because you WANT people to feel ripped off, in order to stoke and stroke your ego more. Guess it makes you feel righteous and that you matter in this world a bit?

Oh, and honorable heroes? You've done it now... Seriously, it will take k9 and phinneaus a few hours to recover and rejoin the circlejerk.
k9: Didn't know you found circlejerks to be so mathematical!



When I ordered my 4 Jalapeno's,my math was at $6 per BTC.So,100BTC ($600) at a diff of 6569200 (50TH),it would have taken about 2 months...back then.

                  Coins   Dollars

 per Day      ฿2.30    $13.78

per Week    ฿16.08   $96.46

per Month   ฿69.82  $418.91

Thank god I upgraded to a LS,that extra 12GH made a big difference in my profit margin..........

I/we had NO idea that BTC was going to go up so soon...thank god it did,otherwise I NEVER WOULD HAVE ROI"D !!!!!!!

It worked out ONLY because the spike in BTC price.

I still won't get my 100BTC out of it,but I have got my money back...only because I ordered 1st day   Tongue

They aren't even out of July order's for LS & Singles......WTF  Huh

IF BFL had delivered in January as I had thought,I/we would have made out like 1st batch Avalons did,almost......but NOOOO,BFL couldn't do anything right & THEN LIED ABOUT IT,saying "2 more weeks™",over & over & over again.Thats what I'm pissed about,being late & LYING for freakin 6 months................ Angry

I've been mining since June 2011 with a startup of $1000,I made almost $8,000 or more with that initial investment & haven't put any cash out of pocket in since then.Had BFL delivered on time I would have made enough to reinvest several times over,but to keep "in the game",I'm going to have to add several thousand dollars ....again...

You just don't get it do you,in about 2 months or less the only BFL customers to make ANYTHING off thier investment will be the MR guys...maybe.All other devices will be paperweights...NO ROI....nothing extra.

You have a November order  Huh   LMAO,you'll see how much you'll make back when you get your order in October.........or later  Cheesy

This isn't about "ego's",this is about LIARS,pure & simple.Oh wait,that's why you can't get it,it's too simple..................

If the price had not risen, what makes you think the difficulty would have risen? Less people would have seen mining as a profitable venture so the difficulty would not have risen anywhere near the level it has. Both the price of bitcoin and the difficulty rate have risen in response to demand of different things, demand for bitcoin and demand for mining power to mine bitcoin, and they are related.

If you are going to hypothetically change one value, please factor in the others that will change as a result.

EXACTLY..............WOW your smart!!!!!!!!!!  Shocked

The diff would have risen only due to Avalon & BFL.........no one else was a ASIC player back in January...........

As of June or later we have "UNKNOWNS" mining,no one knows who they are or how much hashrate they have.Along with AM & a few known self mining farms.............

The only "value" that has changed is BFL & Avalon "holding" our fucken products for WAY TOO LONG & costing us BTC/money!!!!!!

I'm glad you don't care about ROI or profit,cause you ain't makin it with any BFL orders of yours LMAO Cheesy Cheesy

Sorry, was I supposed to care here?

And do you honestly think as many people would have purchased ASICs if the price didn't rise like it did? The answer to that is quite simply, no. There would have been nowhere near the level of orders for any ASIC products.

Probably should put something here.... Maybe an LTC address?
LeNdJidEvsyogSu2KbC1u3bfJSdcjACFsF
Bicknellski
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August 25, 2013, 08:28:38 AM
 #204

Oh yeah, and with 20/20 hindsight we all knew the bitcoin price was going to go to $250+... Suuuure...
Truth is, people took some risks, and in their opinion it didn't pay off. As much as it seems to be the thing to blame others for mistakes made by people, you really do need to face up to the fact that it was always a risk to do business with BFL. I did because the risk didn't bother me, in the end it will likely pay off for me.

Again we get back to the paying with bitcoin stuff. That was my decision, and at the time I actually figured there was a good chance bitcoin would go back to the ~$3 range (the price rise already looked like a bubble then). I took that risk, it didn't pay off, but that is life. If I had invested real money rather than gpu time I would only be concerned with ROI on the cash I put in, namely what bitcoin is worth in FIAT today. Now if the price of bitcoin had remained steady but the difficulty had climbed as high as it has, then there would be reason to be pissed off.

With the 20/20 hindsight, you may as well say we all got ripped off for not mining more with GPUs when bitcoin first started up, or when OpenCL based mining was developed. It is silly to work on this basis, and the only reason you do so is because you WANT people to feel ripped off, in order to stoke and stroke your ego more. Guess it makes you feel righteous and that you matter in this world a bit?

Oh, and honorable heroes? You've done it now... Seriously, it will take k9 and phinneaus a few hours to recover and rejoin the circlejerk.
k9: Didn't know you found circlejerks to be so mathematical!



When I ordered my 4 Jalapeno's,my math was at $6 per BTC.So,100BTC ($600) at a diff of 6569200 (50TH),it would have taken about 2 months...back then.

                  Coins   Dollars

 per Day      ฿2.30    $13.78

per Week    ฿16.08   $96.46

per Month   ฿69.82  $418.91

Thank god I upgraded to a LS,that extra 12GH made a big difference in my profit margin..........

I/we had NO idea that BTC was going to go up so soon...thank god it did,otherwise I NEVER WOULD HAVE ROI"D !!!!!!!

It worked out ONLY because the spike in BTC price.

I still won't get my 100BTC out of it,but I have got my money back...only because I ordered 1st day   Tongue

They aren't even out of July order's for LS & Singles......WTF  Huh

IF BFL had delivered in January as I had thought,I/we would have made out like 1st batch Avalons did,almost......but NOOOO,BFL couldn't do anything right & THEN LIED ABOUT IT,saying "2 more weeks™",over & over & over again.Thats what I'm pissed about,being late & LYING for freakin 6 months................ Angry

I've been mining since June 2011 with a startup of $1000,I made almost $8,000 or more with that initial investment & haven't put any cash out of pocket in since then.Had BFL delivered on time I would have made enough to reinvest several times over,but to keep "in the game",I'm going to have to add several thousand dollars ....again...

You just don't get it do you,in about 2 months or less the only BFL customers to make ANYTHING off thier investment will be the MR guys...maybe.All other devices will be paperweights...NO ROI....nothing extra.

You have a November order  Huh   LMAO,you'll see how much you'll make back when you get your order in October.........or later  Cheesy

This isn't about "ego's",this is about LIARS,pure & simple.Oh wait,that's why you can't get it,it's too simple..................

If the price had not risen, what makes you think the difficulty would have risen? Less people would have seen mining as a profitable venture so the difficulty would not have risen anywhere near the level it has. Both the price of bitcoin and the difficulty rate have risen in response to demand of different things, demand for bitcoin and demand for mining power to mine bitcoin, and they are related.

If you are going to hypothetically change one value, please factor in the others that will change as a result.

EXACTLY..............WOW your smart!!!!!!!!!!  Shocked

The diff would have risen only due to Avalon & BFL.........no one else was a ASIC player back in January...........

As of June or later we have "UNKNOWNS" mining,no one knows who they are or how much hashrate they have.Along with AM & a few known self mining farms.............

The only "value" that has changed is BFL & Avalon "holding" our fucken products for WAY TOO LONG & costing us BTC/money!!!!!!

I'm glad you don't care about ROI or profit,cause you ain't makin it with any BFL orders of yours LMAO Cheesy Cheesy

Sorry, was I supposed to care here?

And do you honestly think as many people would have purchased ASICs if the price didn't rise like it did? The answer to that is quite simply, no. There would have been nowhere near the level of orders for any ASIC products.

^ Le Troll.


BFL = Shady.
Red_Wolf_2 = Shady Troll.

Dogie trust abuse, spam, bullying, conspiracy posts & insults to forum members. Ask the mods or admins to move Dogie's spam or off topic stalking posts to the link above.
stickerzlab
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August 25, 2013, 08:29:31 AM
 #205

100 million orders is way out of the ballpark. There are only like 50,000 entities that mine bitcoin. That would be about 2000 orders per mining entity. They just changed their order number scheme part way though. If you look at the reported order list you can see where it changed. Looks like there is overlap on either side of the date too... so they did a bad job of the cut over. Maybe multiple systems handling orders and they got updated at different times.

Looks like magento orders default numbering system...

Bitcoin related stickers : http://www.pixcoin.com | wall decals to order in btc : http://www.stickerzlab.com | DIY box : http://www.stickerzbox.fr
Red_Wolf_2
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August 25, 2013, 08:35:43 AM
 #206

Ok, now I can add "Shady Troll" to the list... Currently standing at:
Shill
Sockpuppet
Troll
Shady Troll

I vaguely remember people claiming I was getting paid for my comments (I wasn't, but hey, I have a litecoin donation link at the bottom of my posts) but I can't remember whether that was here or somewhere else.

Amazing the justifications people will come up with to account for a difference of opinion!

Probably should put something here.... Maybe an LTC address?
LeNdJidEvsyogSu2KbC1u3bfJSdcjACFsF
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August 25, 2013, 08:37:45 AM
 #207

Oh yeah, and with 20/20 hindsight we all knew the bitcoin price was going to go to $250+... Suuuure...
Truth is, people took some risks, and in their opinion it didn't pay off. As much as it seems to be the thing to blame others for mistakes made by people, you really do need to face up to the fact that it was always a risk to do business with BFL. I did because the risk didn't bother me, in the end it will likely pay off for me.

Again we get back to the paying with bitcoin stuff. That was my decision, and at the time I actually figured there was a good chance bitcoin would go back to the ~$3 range (the price rise already looked like a bubble then). I took that risk, it didn't pay off, but that is life. If I had invested real money rather than gpu time I would only be concerned with ROI on the cash I put in, namely what bitcoin is worth in FIAT today. Now if the price of bitcoin had remained steady but the difficulty had climbed as high as it has, then there would be reason to be pissed off.

With the 20/20 hindsight, you may as well say we all got ripped off for not mining more with GPUs when bitcoin first started up, or when OpenCL based mining was developed. It is silly to work on this basis, and the only reason you do so is because you WANT people to feel ripped off, in order to stoke and stroke your ego more. Guess it makes you feel righteous and that you matter in this world a bit?

Oh, and honorable heroes? You've done it now... Seriously, it will take k9 and phinneaus a few hours to recover and rejoin the circlejerk.
k9: Didn't know you found circlejerks to be so mathematical!



When I ordered my 4 Jalapeno's,my math was at $6 per BTC.So,100BTC ($600) at a diff of 6569200 (50TH),it would have taken about 2 months...back then.

                  Coins   Dollars

 per Day      ฿2.30    $13.78

per Week    ฿16.08   $96.46

per Month   ฿69.82  $418.91

Thank god I upgraded to a LS,that extra 12GH made a big difference in my profit margin..........

I/we had NO idea that BTC was going to go up so soon...thank god it did,otherwise I NEVER WOULD HAVE ROI"D !!!!!!!

It worked out ONLY because the spike in BTC price.

I still won't get my 100BTC out of it,but I have got my money back...only because I ordered 1st day   Tongue

They aren't even out of July order's for LS & Singles......WTF  Huh

IF BFL had delivered in January as I had thought,I/we would have made out like 1st batch Avalons did,almost......but NOOOO,BFL couldn't do anything right & THEN LIED ABOUT IT,saying "2 more weeks™",over & over & over again.Thats what I'm pissed about,being late & LYING for freakin 6 months................ Angry

I've been mining since June 2011 with a startup of $1000,I made almost $8,000 or more with that initial investment & haven't put any cash out of pocket in since then.Had BFL delivered on time I would have made enough to reinvest several times over,but to keep "in the game",I'm going to have to add several thousand dollars ....again...

You just don't get it do you,in about 2 months or less the only BFL customers to make ANYTHING off thier investment will be the MR guys...maybe.All other devices will be paperweights...NO ROI....nothing extra.

You have a November order  Huh   LMAO,you'll see how much you'll make back when you get your order in October.........or later  Cheesy

This isn't about "ego's",this is about LIARS,pure & simple.Oh wait,that's why you can't get it,it's too simple..................

If the price had not risen, what makes you think the difficulty would have risen? Less people would have seen mining as a profitable venture so the difficulty would not have risen anywhere near the level it has. Both the price of bitcoin and the difficulty rate have risen in response to demand of different things, demand for bitcoin and demand for mining power to mine bitcoin, and they are related.

If you are going to hypothetically change one value, please factor in the others that will change as a result.

EXACTLY..............WOW your smart!!!!!!!!!!  Shocked

The diff would have risen only due to Avalon & BFL.........no one else was a ASIC player back in January...........

As of June or later we have "UNKNOWNS" mining,no one knows who they are or how much hashrate they have.Along with AM & a few known self mining farms.............

The only "value" that has changed is BFL & Avalon "holding" our fucken products for WAY TOO LONG & costing us BTC/money!!!!!!

I'm glad you don't care about ROI or profit,cause you ain't makin it with any BFL orders of yours LMAO Cheesy Cheesy

Sorry, was I supposed to care here?

And do you honestly think as many people would have purchased ASICs if the price didn't rise like it did? The answer to that is quite simply, no. There would have been nowhere near the level of orders for any ASIC products.

Uh,most folks do  Cheesy  You sound like a true,"in debt to your eyballs" american  Cheesy  I know,your not american  Roll Eyes

Again.....your pretty quick...... Roll Eyes

Your brainwashed my friend...stay away from Josh for "2 weeks™" & then come back & post  Cheesy Cheesy Cheesy

"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole."  -Raylan Givens
Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be
"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan Smiley
amencon
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August 25, 2013, 08:52:27 AM
 #208

Oh yeah, and with 20/20 hindsight we all knew the bitcoin price was going to go to $250+... Suuuure...
No. Incorrect. This is not about exchange rates after you bought your mined BTC. You traded 26 BTC for 8 BTC. There is no single exchange rate that will make 8 BTC be worth more than 26 BTC.

Truth is, people took some risks, and in their opinion it didn't pay off. As much as it seems to be the thing to blame others for mistakes made by people, you really do need to face up to the fact that it was always a risk to do business with BFL.
Yes. Doing business with BFL is very risky. They are shady. They tell you when you will have your product, and when that day comes they fail to deliver. For time sensitive deliveries (like mining equipment) that is very destructive to value.

I did because the risk didn't bother me, in the end it will likely pay off for me.
You traded 26 BTC for 8 BTC. This makes you happy. Some people get their kicks being tortured and beaten. Who am I to judge.
But when you try to convince others to buy BFL to justify your own failures, that is where I will judge.

Again we get back to the paying with bitcoin stuff. That was my decision, and at the time I actually figured there was a good chance bitcoin would go back to the ~$3 range (the price rise already looked like a bubble then). I took that risk, it didn't pay off, but that is life. If I had invested real money rather than gpu time I would only be concerned with ROI on the cash I put in, namely what bitcoin is worth in FIAT today. Now if the price of bitcoin had remained steady but the difficulty had climbed as high as it has, then there would be reason to be pissed off.
Paying with Bitcoin or GBP or EUR or USD or RUS or RMB or HKD doesn't matter. What matters is how much value in Bitcoin you gave away in order to get the Bitcoin from BFL. You gave away 26 Bitcoin worth of value in order to get 8 Bitcoin (maybe less) worth of mining. That is always a bad deal. You will always do better by not making that trade. At the time you made the purchase, BFL promised you that you would get your product in time to make your 26 BTC back and then some.

With the 20/20 hindsight, you may as well say we all got ripped off for not mining more with GPUs when bitcoin first started up, or when OpenCL based mining was developed. It is silly to work on this basis, and the only reason you do so is because you WANT people to feel ripped off, in order to stoke and stroke your ego more. Guess it makes you feel righteous and that you matter in this world a bit?
Is it silly to examine the result of a trade after the fact? Yes, we have 20/20 hindsight and with that hindsight we can now see that BFL ripped you off.  Is the reason you blind yourself is because of pride? We have 20/20 hindsight now that they have finally delivered to you (some people we still don't know how badly they have been scammed). We can see that your trade with BFL was a bad one. What is even worse is that with 20/20 hindsight you cannot see it because of willful blindness.

You gave BFL 26 BTC and they promised to give you back far more BTC in the form of delivering you the hashing power to mine it in Oct 2012. They did not do that. They gave you barely enough mining to get back 8 BTC in Aug 2013. The principal value in mining equipment is in the hashing power and the time you receive it. Your hashing power ordered was 10GH/s, your time to receive was Oct 2012. BFL failed to deliver the value they promised you.



And yet again you miss the obvious. The value of 26 bitcoin in November 2012 was a lot lower than it is now. There is a time component involved, which you only seem to selectively see when it comes to product delivery date, yet completely ignore in the context of what bitcoin were valued at at the time of purchase.
Your argument is false, because it is like saying "You sold bitcoin at $3 a year ago, they're now $130, you got ripped off/scammed!"
It is wrong, there is no way you can twist that around without looking like an idiot.
I'm not blind. I know full well I could have ended up with more cash in hand if I had simply sat on the coin I had and done nothing. I am also not blind to the fact that I made the choice to spend said bitcoin in November 2012. I take responsibility for that decision, which is clearly more than others here. I have not forget all the people who felt mislead because they couldn't get refunds of exactly the same amount of bitcoin they put in before the april price spike. They weren't mislead, they just had buyers remorse and wished instead that they had swapped them for USD.
I think the simplest way to look at it is that buying a machine that makes BTC is essentially buying BTC.  If you want to complicate things and add currency speculation on top of it all then you're right that a time component was involved.  When speculating on currency timing is often everything.  BFL stated an approximate date you'd begin to generate your BTC, by delaying they also threw off any currency speculation their customers were counting on as well as diminishing the amount of BTC they'd generate.  Your tack only makes the argument worse for BFL.  When you buy BTC on an exchange it's important that transactions get executed in a timely manner.  If an exchange held your trade for months on end and you lost a ton of money in the conversion then the exchange would have screwed you, regardless of the potential alternate future where the trade made you money, much in the same way BFL screwed you.

The obvious rebuttal to this is that BFL offered refunds so the second the delays started screwing up customers' potential currency speculations they had the option to refund and buy BTC instead, but this defense is at least partially mitigated by the fact that BFL dangled the imminent completion of their products continuously.  Many customers thought 2 more weeks didn't change their speculative assessment of their potential profits and most ended up like frogs being boiled slowly until it was too late.

Of course I'm not saying that had BFL delivered when promised there wouldn't be customers that miscalculated and made a poor investment necessarily.  However it is peoples' prerogative to make any investment they choose, as long as they are screwing themselves and not other people most here won't care much.  The important thing is to try to hold bitcoin companies to have ethical business practices and keep to promises they make to their customers so that customers have the information needed to make informed buying decisions (whether they end up good or bad).
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August 25, 2013, 08:56:52 AM
 #209

Oh yeah, and with 20/20 hindsight we all knew the bitcoin price was going to go to $250+... Suuuure...
Truth is, people took some risks, and in their opinion it didn't pay off. As much as it seems to be the thing to blame others for mistakes made by people, you really do need to face up to the fact that it was always a risk to do business with BFL. I did because the risk didn't bother me, in the end it will likely pay off for me.

Again we get back to the paying with bitcoin stuff. That was my decision, and at the time I actually figured there was a good chance bitcoin would go back to the ~$3 range (the price rise already looked like a bubble then). I took that risk, it didn't pay off, but that is life. If I had invested real money rather than gpu time I would only be concerned with ROI on the cash I put in, namely what bitcoin is worth in FIAT today. Now if the price of bitcoin had remained steady but the difficulty had climbed as high as it has, then there would be reason to be pissed off.

With the 20/20 hindsight, you may as well say we all got ripped off for not mining more with GPUs when bitcoin first started up, or when OpenCL based mining was developed. It is silly to work on this basis, and the only reason you do so is because you WANT people to feel ripped off, in order to stoke and stroke your ego more. Guess it makes you feel righteous and that you matter in this world a bit?

Oh, and honorable heroes? You've done it now... Seriously, it will take k9 and phinneaus a few hours to recover and rejoin the circlejerk.
k9: Didn't know you found circlejerks to be so mathematical!



When I ordered my 4 Jalapeno's,my math was at $6 per BTC.So,100BTC ($600) at a diff of 6569200 (50TH),it would have taken about 2 months...back then.

                  Coins   Dollars

 per Day      ฿2.30    $13.78

per Week    ฿16.08   $96.46

per Month   ฿69.82  $418.91

Thank god I upgraded to a LS,that extra 12GH made a big difference in my profit margin..........

I/we had NO idea that BTC was going to go up so soon...thank god it did,otherwise I NEVER WOULD HAVE ROI"D !!!!!!!

It worked out ONLY because the spike in BTC price.

I still won't get my 100BTC out of it,but I have got my money back...only because I ordered 1st day   Tongue

They aren't even out of July order's for LS & Singles......WTF  Huh

IF BFL had delivered in January as I had thought,I/we would have made out like 1st batch Avalons did,almost......but NOOOO,BFL couldn't do anything right & THEN LIED ABOUT IT,saying "2 more weeks™",over & over & over again.Thats what I'm pissed about,being late & LYING for freakin 6 months................ Angry

I've been mining since June 2011 with a startup of $1000,I made almost $8,000 or more with that initial investment & haven't put any cash out of pocket in since then.Had BFL delivered on time I would have made enough to reinvest several times over,but to keep "in the game",I'm going to have to add several thousand dollars ....again...

You just don't get it do you,in about 2 months or less the only BFL customers to make ANYTHING off thier investment will be the MR guys...maybe.All other devices will be paperweights...NO ROI....nothing extra.

You have a November order  Huh   LMAO,you'll see how much you'll make back when you get your order in October.........or later  Cheesy

This isn't about "ego's",this is about LIARS,pure & simple.Oh wait,that's why you can't get it,it's too simple..................

If the price had not risen, what makes you think the difficulty would have risen? Less people would have seen mining as a profitable venture so the difficulty would not have risen anywhere near the level it has. Both the price of bitcoin and the difficulty rate have risen in response to demand of different things, demand for bitcoin and demand for mining power to mine bitcoin, and they are related.

If you are going to hypothetically change one value, please factor in the others that will change as a result.

EXACTLY..............WOW your smart!!!!!!!!!!  Shocked

The diff would have risen only due to Avalon & BFL.........no one else was a ASIC player back in January...........

As of June or later we have "UNKNOWNS" mining,no one knows who they are or how much hashrate they have.Along with AM & a few known self mining farms.............

The only "value" that has changed is BFL & Avalon "holding" our fucken products for WAY TOO LONG & costing us BTC/money!!!!!!

I'm glad you don't care about ROI or profit,cause you ain't makin it with any BFL orders of yours LMAO Cheesy Cheesy

Sorry, was I supposed to care here?

And do you honestly think as many people would have purchased ASICs if the price didn't rise like it did? The answer to that is quite simply, no. There would have been nowhere near the level of orders for any ASIC products.

Uh,most folks do  Cheesy  You sound like a true,"in debt to your eyballs" american  Cheesy  I know,your not american  Roll Eyes

Again.....your pretty quick...... Roll Eyes

Your brainwashed my friend...stay away from Josh for "2 weeks™" & then come back & post  Cheesy Cheesy Cheesy

Heh, haven't got a cent of debt to my name, which might be why I'm not as emotional about bitcoin as some people are. I genuinely have nothing to lose Smiley

Nah, I'm not brainwashed, I don't think BFL is any example to look to when operating a business, unless you want to learn from how things can go wrong or be done incorrectly. That said, the rabid hate machine operating on these forums is hardly an example to look to either, unless you want to see the worst aspects of humanity demonstrated for all to see...

Probably should put something here.... Maybe an LTC address?
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August 25, 2013, 09:01:42 AM
 #210

Oh yeah, and with 20/20 hindsight we all knew the bitcoin price was going to go to $250+... Suuuure...
Truth is, people took some risks, and in their opinion it didn't pay off. As much as it seems to be the thing to blame others for mistakes made by people, you really do need to face up to the fact that it was always a risk to do business with BFL. I did because the risk didn't bother me, in the end it will likely pay off for me.

Again we get back to the paying with bitcoin stuff. That was my decision, and at the time I actually figured there was a good chance bitcoin would go back to the ~$3 range (the price rise already looked like a bubble then). I took that risk, it didn't pay off, but that is life. If I had invested real money rather than gpu time I would only be concerned with ROI on the cash I put in, namely what bitcoin is worth in FIAT today. Now if the price of bitcoin had remained steady but the difficulty had climbed as high as it has, then there would be reason to be pissed off.

With the 20/20 hindsight, you may as well say we all got ripped off for not mining more with GPUs when bitcoin first started up, or when OpenCL based mining was developed. It is silly to work on this basis, and the only reason you do so is because you WANT people to feel ripped off, in order to stoke and stroke your ego more. Guess it makes you feel righteous and that you matter in this world a bit?

Oh, and honorable heroes? You've done it now... Seriously, it will take k9 and phinneaus a few hours to recover and rejoin the circlejerk.
k9: Didn't know you found circlejerks to be so mathematical!



When I ordered my 4 Jalapeno's,my math was at $6 per BTC.So,100BTC ($600) at a diff of 6569200 (50TH),it would have taken about 2 months...back then.

                  Coins   Dollars

 per Day      ฿2.30    $13.78

per Week    ฿16.08   $96.46

per Month   ฿69.82  $418.91

Thank god I upgraded to a LS,that extra 12GH made a big difference in my profit margin..........

I/we had NO idea that BTC was going to go up so soon...thank god it did,otherwise I NEVER WOULD HAVE ROI"D !!!!!!!

It worked out ONLY because the spike in BTC price.

I still won't get my 100BTC out of it,but I have got my money back...only because I ordered 1st day   Tongue

They aren't even out of July order's for LS & Singles......WTF  Huh

IF BFL had delivered in January as I had thought,I/we would have made out like 1st batch Avalons did,almost......but NOOOO,BFL couldn't do anything right & THEN LIED ABOUT IT,saying "2 more weeks™",over & over & over again.Thats what I'm pissed about,being late & LYING for freakin 6 months................ Angry

I've been mining since June 2011 with a startup of $1000,I made almost $8,000 or more with that initial investment & haven't put any cash out of pocket in since then.Had BFL delivered on time I would have made enough to reinvest several times over,but to keep "in the game",I'm going to have to add several thousand dollars ....again...

You just don't get it do you,in about 2 months or less the only BFL customers to make ANYTHING off thier investment will be the MR guys...maybe.All other devices will be paperweights...NO ROI....nothing extra.

You have a November order  Huh   LMAO,you'll see how much you'll make back when you get your order in October.........or later  Cheesy

This isn't about "ego's",this is about LIARS,pure & simple.Oh wait,that's why you can't get it,it's too simple..................

If the price had not risen, what makes you think the difficulty would have risen? Less people would have seen mining as a profitable venture so the difficulty would not have risen anywhere near the level it has. Both the price of bitcoin and the difficulty rate have risen in response to demand of different things, demand for bitcoin and demand for mining power to mine bitcoin, and they are related.

If you are going to hypothetically change one value, please factor in the others that will change as a result.

EXACTLY..............WOW your smart!!!!!!!!!!  Shocked

The diff would have risen only due to Avalon & BFL.........no one else was a ASIC player back in January...........

As of June or later we have "UNKNOWNS" mining,no one knows who they are or how much hashrate they have.Along with AM & a few known self mining farms.............

The only "value" that has changed is BFL & Avalon "holding" our fucken products for WAY TOO LONG & costing us BTC/money!!!!!!

I'm glad you don't care about ROI or profit,cause you ain't makin it with any BFL orders of yours LMAO Cheesy Cheesy

Sorry, was I supposed to care here?

And do you honestly think as many people would have purchased ASICs if the price didn't rise like it did? The answer to that is quite simply, no. There would have been nowhere near the level of orders for any ASIC products.

Uh,most folks do  Cheesy  You sound like a true,"in debt to your eyballs" american  Cheesy  I know,your not american  Roll Eyes

Again.....your pretty quick...... Roll Eyes

Your brainwashed my friend...stay away from Josh for "2 weeks™" & then come back & post  Cheesy Cheesy Cheesy

Heh, haven't got a cent of debt to my name, which might be why I'm not as emotional about bitcoin as some people are. I genuinely have nothing to lose Smiley

Nah, I'm not brainwashed, I don't think BFL is any example to look to when operating a business, unless you want to learn from how things can go wrong or be done incorrectly. That said, the rabid hate machine operating on these forums is hardly an example to look to either, unless you want to see the worst aspects of humanity demonstrated for all to see...

Well,I DO care about ROI & PROFIT..........just like the huge corperations do,cept I won't lie,cheat & steal for it....or hurt anyone....EVER!!  Cheesy

At least you can see afterall  Cool

If I conducted myself like BFL does,my handyman service would be in the shitter  Cheesy

"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole."  -Raylan Givens
Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be
"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan Smiley
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August 25, 2013, 09:04:23 AM
 #211

Oh yeah, and with 20/20 hindsight we all knew the bitcoin price was going to go to $250+... Suuuure...
Truth is, people took some risks, and in their opinion it didn't pay off. As much as it seems to be the thing to blame others for mistakes made by people, you really do need to face up to the fact that it was always a risk to do business with BFL. I did because the risk didn't bother me, in the end it will likely pay off for me.

Again we get back to the paying with bitcoin stuff. That was my decision, and at the time I actually figured there was a good chance bitcoin would go back to the ~$3 range (the price rise already looked like a bubble then). I took that risk, it didn't pay off, but that is life. If I had invested real money rather than gpu time I would only be concerned with ROI on the cash I put in, namely what bitcoin is worth in FIAT today. Now if the price of bitcoin had remained steady but the difficulty had climbed as high as it has, then there would be reason to be pissed off.

With the 20/20 hindsight, you may as well say we all got ripped off for not mining more with GPUs when bitcoin first started up, or when OpenCL based mining was developed. It is silly to work on this basis, and the only reason you do so is because you WANT people to feel ripped off, in order to stoke and stroke your ego more. Guess it makes you feel righteous and that you matter in this world a bit?

Oh, and honorable heroes? You've done it now... Seriously, it will take k9 and phinneaus a few hours to recover and rejoin the circlejerk.
k9: Didn't know you found circlejerks to be so mathematical!



When I ordered my 4 Jalapeno's,my math was at $6 per BTC.So,100BTC ($600) at a diff of 6569200 (50TH),it would have taken about 2 months...back then.

                  Coins   Dollars

 per Day      ฿2.30    $13.78

per Week    ฿16.08   $96.46

per Month   ฿69.82  $418.91

Thank god I upgraded to a LS,that extra 12GH made a big difference in my profit margin..........

I/we had NO idea that BTC was going to go up so soon...thank god it did,otherwise I NEVER WOULD HAVE ROI"D !!!!!!!

It worked out ONLY because the spike in BTC price.

I still won't get my 100BTC out of it,but I have got my money back...only because I ordered 1st day   Tongue

They aren't even out of July order's for LS & Singles......WTF  Huh

IF BFL had delivered in January as I had thought,I/we would have made out like 1st batch Avalons did,almost......but NOOOO,BFL couldn't do anything right & THEN LIED ABOUT IT,saying "2 more weeks™",over & over & over again.Thats what I'm pissed about,being late & LYING for freakin 6 months................ Angry

I've been mining since June 2011 with a startup of $1000,I made almost $8,000 or more with that initial investment & haven't put any cash out of pocket in since then.Had BFL delivered on time I would have made enough to reinvest several times over,but to keep "in the game",I'm going to have to add several thousand dollars ....again...

You just don't get it do you,in about 2 months or less the only BFL customers to make ANYTHING off thier investment will be the MR guys...maybe.All other devices will be paperweights...NO ROI....nothing extra.

You have a November order  Huh   LMAO,you'll see how much you'll make back when you get your order in October.........or later  Cheesy

This isn't about "ego's",this is about LIARS,pure & simple.Oh wait,that's why you can't get it,it's too simple..................

If the price had not risen, what makes you think the difficulty would have risen? Less people would have seen mining as a profitable venture so the difficulty would not have risen anywhere near the level it has. Both the price of bitcoin and the difficulty rate have risen in response to demand of different things, demand for bitcoin and demand for mining power to mine bitcoin, and they are related.

If you are going to hypothetically change one value, please factor in the others that will change as a result.

EXACTLY..............WOW your smart!!!!!!!!!!  Shocked

The diff would have risen only due to Avalon & BFL.........no one else was a ASIC player back in January...........

As of June or later we have "UNKNOWNS" mining,no one knows who they are or how much hashrate they have.Along with AM & a few known self mining farms.............

The only "value" that has changed is BFL & Avalon "holding" our fucken products for WAY TOO LONG & costing us BTC/money!!!!!!

I'm glad you don't care about ROI or profit,cause you ain't makin it with any BFL orders of yours LMAO Cheesy Cheesy

Sorry, was I supposed to care here?

And do you honestly think as many people would have purchased ASICs if the price didn't rise like it did? The answer to that is quite simply, no. There would have been nowhere near the level of orders for any ASIC products.

Uh,most folks do  Cheesy  You sound like a true,"in debt to your eyballs" american  Cheesy  I know,your not american  Roll Eyes

Again.....your pretty quick...... Roll Eyes

Your brainwashed my friend...stay away from Josh for "2 weeks™" & then come back & post  Cheesy Cheesy Cheesy

Heh, haven't got a cent of debt to my name, which might be why I'm not as emotional about bitcoin as some people are. I genuinely have nothing to lose Smiley

Nah, I'm not brainwashed, I don't think BFL is any example to look to when operating a business, unless you want to learn from how things can go wrong or be done incorrectly. That said, the rabid hate machine operating on these forums is hardly an example to look to either, unless you want to see the worst aspects of humanity demonstrated for all to see...

Well,I DO care about ROI & PROFIT..........just like the huge corperations do,cept I won't lie,cheat & steal for it....or hurt anyone....EVER!!  Cheesy

At least you can see afterall  Cool

If I conducted myself like BFL does,my handyman service would be in the shitter  Cheesy


BFL = Shady sociopaths.

That is why they do not care about what people think. Whether or not their practice is ethical or not. That is just how sociopaths work.


Dogie trust abuse, spam, bullying, conspiracy posts & insults to forum members. Ask the mods or admins to move Dogie's spam or off topic stalking posts to the link above.
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August 25, 2013, 09:08:29 AM
 #212

Oh yeah, and with 20/20 hindsight we all knew the bitcoin price was going to go to $250+... Suuuure...
Truth is, people took some risks, and in their opinion it didn't pay off. As much as it seems to be the thing to blame others for mistakes made by people, you really do need to face up to the fact that it was always a risk to do business with BFL. I did because the risk didn't bother me, in the end it will likely pay off for me.

Again we get back to the paying with bitcoin stuff. That was my decision, and at the time I actually figured there was a good chance bitcoin would go back to the ~$3 range (the price rise already looked like a bubble then). I took that risk, it didn't pay off, but that is life. If I had invested real money rather than gpu time I would only be concerned with ROI on the cash I put in, namely what bitcoin is worth in FIAT today. Now if the price of bitcoin had remained steady but the difficulty had climbed as high as it has, then there would be reason to be pissed off.

With the 20/20 hindsight, you may as well say we all got ripped off for not mining more with GPUs when bitcoin first started up, or when OpenCL based mining was developed. It is silly to work on this basis, and the only reason you do so is because you WANT people to feel ripped off, in order to stoke and stroke your ego more. Guess it makes you feel righteous and that you matter in this world a bit?

Oh, and honorable heroes? You've done it now... Seriously, it will take k9 and phinneaus a few hours to recover and rejoin the circlejerk.
k9: Didn't know you found circlejerks to be so mathematical!



When I ordered my 4 Jalapeno's,my math was at $6 per BTC.So,100BTC ($600) at a diff of 6569200 (50TH),it would have taken about 2 months...back then.

                  Coins   Dollars

 per Day      ฿2.30    $13.78

per Week    ฿16.08   $96.46

per Month   ฿69.82  $418.91

Thank god I upgraded to a LS,that extra 12GH made a big difference in my profit margin..........

I/we had NO idea that BTC was going to go up so soon...thank god it did,otherwise I NEVER WOULD HAVE ROI"D !!!!!!!

It worked out ONLY because the spike in BTC price.

I still won't get my 100BTC out of it,but I have got my money back...only because I ordered 1st day   Tongue

They aren't even out of July order's for LS & Singles......WTF  Huh

IF BFL had delivered in January as I had thought,I/we would have made out like 1st batch Avalons did,almost......but NOOOO,BFL couldn't do anything right & THEN LIED ABOUT IT,saying "2 more weeks™",over & over & over again.Thats what I'm pissed about,being late & LYING for freakin 6 months................ Angry

I've been mining since June 2011 with a startup of $1000,I made almost $8,000 or more with that initial investment & haven't put any cash out of pocket in since then.Had BFL delivered on time I would have made enough to reinvest several times over,but to keep "in the game",I'm going to have to add several thousand dollars ....again...

You just don't get it do you,in about 2 months or less the only BFL customers to make ANYTHING off thier investment will be the MR guys...maybe.All other devices will be paperweights...NO ROI....nothing extra.

You have a November order  Huh   LMAO,you'll see how much you'll make back when you get your order in October.........or later  Cheesy

This isn't about "ego's",this is about LIARS,pure & simple.Oh wait,that's why you can't get it,it's too simple..................

If the price had not risen, what makes you think the difficulty would have risen? Less people would have seen mining as a profitable venture so the difficulty would not have risen anywhere near the level it has. Both the price of bitcoin and the difficulty rate have risen in response to demand of different things, demand for bitcoin and demand for mining power to mine bitcoin, and they are related.

If you are going to hypothetically change one value, please factor in the others that will change as a result.

EXACTLY..............WOW your smart!!!!!!!!!!  Shocked

The diff would have risen only due to Avalon & BFL.........no one else was a ASIC player back in January...........

As of June or later we have "UNKNOWNS" mining,no one knows who they are or how much hashrate they have.Along with AM & a few known self mining farms.............

The only "value" that has changed is BFL & Avalon "holding" our fucken products for WAY TOO LONG & costing us BTC/money!!!!!!

I'm glad you don't care about ROI or profit,cause you ain't makin it with any BFL orders of yours LMAO Cheesy Cheesy

Sorry, was I supposed to care here?

And do you honestly think as many people would have purchased ASICs if the price didn't rise like it did? The answer to that is quite simply, no. There would have been nowhere near the level of orders for any ASIC products.

Uh,most folks do  Cheesy  You sound like a true,"in debt to your eyballs" american  Cheesy  I know,your not american  Roll Eyes

Again.....your pretty quick...... Roll Eyes

Your brainwashed my friend...stay away from Josh for "2 weeks™" & then come back & post  Cheesy Cheesy Cheesy

Heh, haven't got a cent of debt to my name, which might be why I'm not as emotional about bitcoin as some people are. I genuinely have nothing to lose Smiley

Nah, I'm not brainwashed, I don't think BFL is any example to look to when operating a business, unless you want to learn from how things can go wrong or be done incorrectly. That said, the rabid hate machine operating on these forums is hardly an example to look to either, unless you want to see the worst aspects of humanity demonstrated for all to see...

Well,I DO care about ROI & PROFIT..........just like the huge corperations do,cept I won't lie,cheat & steal for it....or hurt anyone....EVER!!  Cheesy

At least you can see afterall  Cool

If I conducted myself like BFL does,my handyman service would be in the shitter  Cheesy


BFL = Shady sociopaths.

That is why they do not care about what people think. Whether or not their practice is ethical or not. That is just how sociopaths work.



LMAO!!!!!!!!!  Cheesy

Hey,how's the "new direction" coming  Huh  Can't wait to see what your up to man  Wink

"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole."  -Raylan Givens
Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be
"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan Smiley
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August 25, 2013, 09:33:17 AM
 #213

Why is ok for Josh to ask for transparency but no one else?

-------------------------

https://bitcointalk.org/index.php?topic=86243.msg949219#msg949219

Quote
Inaba


Well shit, so now I have to post this in two places because I don't know which thread is being monitored:

Thanks for the post MTGox_Dylan.  I think most everyone was already aware of these FAQ points, though.  That has never really been the issue, so I'm not sure what is hoped to have been accomplished by making this post, other than as a distracting measure (This would have been perhaps more effective: http://chanarchive.org/content/1_b/378881354/1328366326840.jpg).

The real problem here is, as has already been at least partially mentioned:

1. The lack of transparency in the process.
2. The lack of communication.
3. The lies and false promises made by MTGox Support Staff with regards to AML/KYC.
4. Delay after delay, ostensibly under the guise of AML.
5. The just plain ludicrous decisions (Goat as an example).  Perhaps transparency would clear these up.
6. The fact that most decisions made by MTGox seem completely arbitrary, and nothing... NOTHING pisses off customers more than arbitrary decision making.  When your actions are not predictable in a given situation, you are wrong.  Period.

So while this post is nice and all, I'm not sure what you're hoping to accomplish other than to distract from the real issues surrounding MTGox.  My situation, that has been on going since April, is still unresolved.  I am not the only one in this situation and there are plenty of others in similar situations.  

Again, this does not seem to be an AML issue, it seems to be an insolvency issue.  MTGox is unable to fund even moderate sized fiat conversions, which leads many of us to believe you guys are basically bankrupt and a disaster waiting to happen.  The fact that no one has publicly denied this (not that we'd believe you at this point anyway, given MTGox track record of lies and falsehoods) certainly does not bolster confidence in MTGox at all.

Maybe this is the wrong thread to bring any of this up, but I don't want people to be distracted by this kind of thread from the real issue of MTGox being unable to meet their obligations to even moderate sized customers, especially when you are trying to gain new customers who will end up completely screwed when the Gox house of cards comes crashing down.

BFL = Shady Hypocrites.

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August 25, 2013, 10:36:13 AM
 #214

Oh yeah, and with 20/20 hindsight we all knew the bitcoin price was going to go to $250+... Suuuure...
Truth is, people took some risks, and in their opinion it didn't pay off. As much as it seems to be the thing to blame others for mistakes made by people, you really do need to face up to the fact that it was always a risk to do business with BFL. I did because the risk didn't bother me, in the end it will likely pay off for me.

Again we get back to the paying with bitcoin stuff. That was my decision, and at the time I actually figured there was a good chance bitcoin would go back to the ~$3 range (the price rise already looked like a bubble then). I took that risk, it didn't pay off, but that is life. If I had invested real money rather than gpu time I would only be concerned with ROI on the cash I put in, namely what bitcoin is worth in FIAT today. Now if the price of bitcoin had remained steady but the difficulty had climbed as high as it has, then there would be reason to be pissed off.

With the 20/20 hindsight, you may as well say we all got ripped off for not mining more with GPUs when bitcoin first started up, or when OpenCL based mining was developed. It is silly to work on this basis, and the only reason you do so is because you WANT people to feel ripped off, in order to stoke and stroke your ego more. Guess it makes you feel righteous and that you matter in this world a bit?

Oh, and honorable heroes? You've done it now... Seriously, it will take k9 and phinneaus a few hours to recover and rejoin the circlejerk.
k9: Didn't know you found circlejerks to be so mathematical!



When I ordered my 4 Jalapeno's,my math was at $6 per BTC.So,100BTC ($600) at a diff of 6569200 (50TH),it would have taken about 2 months...back then.

                  Coins   Dollars

 per Day      ฿2.30    $13.78

per Week    ฿16.08   $96.46

per Month   ฿69.82  $418.91

Thank god I upgraded to a LS,that extra 12GH made a big difference in my profit margin..........

I/we had NO idea that BTC was going to go up so soon...thank god it did,otherwise I NEVER WOULD HAVE ROI"D !!!!!!!

It worked out ONLY because the spike in BTC price.

I still won't get my 100BTC out of it,but I have got my money back...only because I ordered 1st day   Tongue

They aren't even out of July order's for LS & Singles......WTF  Huh

IF BFL had delivered in January as I had thought,I/we would have made out like 1st batch Avalons did,almost......but NOOOO,BFL couldn't do anything right & THEN LIED ABOUT IT,saying "2 more weeks™",over & over & over again.Thats what I'm pissed about,being late & LYING for freakin 6 months................ Angry

I've been mining since June 2011 with a startup of $1000,I made almost $8,000 or more with that initial investment & haven't put any cash out of pocket in since then.Had BFL delivered on time I would have made enough to reinvest several times over,but to keep "in the game",I'm going to have to add several thousand dollars ....again...

You just don't get it do you,in about 2 months or less the only BFL customers to make ANYTHING off thier investment will be the MR guys...maybe.All other devices will be paperweights...NO ROI....nothing extra.

You have a November order  Huh   LMAO,you'll see how much you'll make back when you get your order in October.........or later  Cheesy

This isn't about "ego's",this is about LIARS,pure & simple.Oh wait,that's why you can't get it,it's too simple..................

If the price had not risen, what makes you think the difficulty would have risen? Less people would have seen mining as a profitable venture so the difficulty would not have risen anywhere near the level it has. Both the price of bitcoin and the difficulty rate have risen in response to demand of different things, demand for bitcoin and demand for mining power to mine bitcoin, and they are related.

If you are going to hypothetically change one value, please factor in the others that will change as a result.

EXACTLY..............WOW your smart!!!!!!!!!!  Shocked

The diff would have risen only due to Avalon & BFL.........no one else was a ASIC player back in January...........

As of June or later we have "UNKNOWNS" mining,no one knows who they are or how much hashrate they have.Along with AM & a few known self mining farms.............

The only "value" that has changed is BFL & Avalon "holding" our fucken products for WAY TOO LONG & costing us BTC/money!!!!!!

I'm glad you don't care about ROI or profit,cause you ain't makin it with any BFL orders of yours LMAO Cheesy Cheesy

Sorry, was I supposed to care here?

And do you honestly think as many people would have purchased ASICs if the price didn't rise like it did? The answer to that is quite simply, no. There would have been nowhere near the level of orders for any ASIC products.

Uh,most folks do  Cheesy  You sound like a true,"in debt to your eyballs" american  Cheesy  I know,your not american  Roll Eyes

Again.....your pretty quick...... Roll Eyes

Your brainwashed my friend...stay away from Josh for "2 weeks™" & then come back & post  Cheesy Cheesy Cheesy

Heh, haven't got a cent of debt to my name, which might be why I'm not as emotional about bitcoin as some people are. I genuinely have nothing to lose Smiley

Nah, I'm not brainwashed, I don't think BFL is any example to look to when operating a business, unless you want to learn from how things can go wrong or be done incorrectly. That said, the rabid hate machine operating on these forums is hardly an example to look to either, unless you want to see the worst aspects of humanity demonstrated for all to see...

Sure we get rather emotional about this stuff.....

Long story short ..I can NOT & WILL NOT stand by as people RIPP OFF others through scams & lies !!

What do u say to the 85% of people that DO have debt ..that DO have children ..that DO have major problems when BFL have led them up the garden path for the past 9 months & then once again with the Monarch.... 2 months delay in 24 hours

Is your response ...serves them right ...dont invest in things you cant afford ...blah blah blah ....

Life is not this simple ...BFL play on the GREED gland like white on rice....... Like all good conmen they know how to do it ..( Honestly these guys are masters @ it )

So from all of this people and familys and children are going to be hurt and become victims of all of this fraudulent behaviour ...is this right that kids are going to have hardship because of these CONMEN

You point to just bad business practice...

Explain to me how they anounce the monarch with the AUgust tape out and Nov\Dec delivery that after 800+ (5 million in funds ) are pumped into BFL confers that 36 hours later we get the "oh yeah add another 2 months on delivery as those units are sold out"

Who actually has been confirmed as being in the so called "Nov delivery" let me guess either none ...or the insider crew

This was an outright FRAUD  ...i know it and you know it

No matter what you say ppl are going to suffer from this including familys and kidz......SO remove yourself for one moment from your own world view point and think about others ..who by the masters of working the greed gland have been able to lockin and fleece 100's if not 1000's of familys..... of money in the majority of cases..was money they could not afford

All of this is done in a totally structured and strategic manner... it is Psychopathic behavior .... it is quite scary in many aspects

With this in mind you still stand there defending these ppl...fine it may not affect you but it is affecting a LOT of ppl..


OBJECT NOT FOUND
Meizirkki
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August 25, 2013, 11:13:52 AM
 #215

Yea! Less BS more sueing! Smiley
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August 25, 2013, 02:20:15 PM
 #216


ITT: stale popcorn
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August 25, 2013, 02:23:47 PM
 #217

Hey anyone from BFL here? Maybe the best way to deal with is talk with them first before spending thousands of dollars just for the court fees. Is the OP around?
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August 25, 2013, 02:35:01 PM
 #218

If your intention was to troll then I suppose you were pretty successful, nice job I guess.

With your high ASVAB I assumed they'd have likely assigned you to higher clearance aircraft, there was a guy in basic that was going to do mechanical work on one of the stealth planes and he had a high ASVAB score though maybe there is no correlation.  While some 1N2s do fly with the aircraft most copy mission on the ground far away.
I did know by putting it out there that people would jump all over it, so, yea, kinda to troll.

[off-topic]When I first went to the recruiter, he handed me a test to take and I did.  When he reveiwed my answers, he pulled out a second test and asked me to take it.  Then he gave me a third test.  Then he starting telling me about the Navy's nuclear technician jobs and how they had a $20k signing bonus and all the usual pap they spread.  It sounded challenging so I agreed and he started the paperwork.  After taking the ASVAB and another test, I was taken to see a commander who told me I had done quite well, but, there was a problem.  I had listed having 3 speeding tickets within the last 2 years on my paperwork and I was considered a secruity risk and unable to go into the program.  I then chose to be an Aviation Anti-Submarine Warfare Technician as they had the fewest number of people in thier field.  Since the P-3 is(well was) an ASW platform, that is where I ended up.  When they combined the ratings I became a simple Aviation Electronics technician.[/offtopic]

I do not suffer fools gladly... "Captain!  We're surrounded!"
I embrace my inner Kool-Aid.
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August 25, 2013, 02:40:18 PM
 #219

If your intention was to troll then I suppose you were pretty successful, nice job I guess.

With your high ASVAB I assumed they'd have likely assigned you to higher clearance aircraft, there was a guy in basic that was going to do mechanical work on one of the stealth planes and he had a high ASVAB score though maybe there is no correlation.  While some 1N2s do fly with the aircraft most copy mission on the ground far away.
I did know by putting it out there that people would jump all over it, so, yea, kinda to troll.

[off-topic]When I first went to the recruiter, he handed me a test to take and I did.  When he reveiwed my answers, he pulled out a second test and asked me to take it.  Then he gave me a third test.  Then he starting telling me about the Navy's nuclear technician jobs and how they had a $20k signing bonus and all the usual pap they spread.  It sounded challenging so I agreed and he started the paperwork.  After taking the ASVAB and another test, I was taken to see a commander who told me I had done quite well, but, there was a problem.  I had listed having 3 speeding tickets within the last 2 years on my paperwork and I was considered a secruity risk and unable to go into the program.  I then chose to be an Aviation Anti-Submarine Warfare Technician as they had the fewest number of people in thier field.  Since the P-3 is(well was) an ASW platform, that is where I ended up.  When they combined the ratings I became a simple Aviation Electronics technician.[/offtopic]


Please open another topic "My awesome life", we seriously don't care here...
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August 25, 2013, 02:40:54 PM
 #220

Ok, really?
http://www.ebay.com/itm/ANTI-BFL-T-SHIRT-Anti-Butterfly-Labs-ASIC-Makers-Brand-new-100-Cotton-/151106714027
Whos idea was that? And more importantly, why not mugs?

Probably should put something here.... Maybe an LTC address?
LeNdJidEvsyogSu2KbC1u3bfJSdcjACFsF
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