Butterfly Labs announcing new preorder marketplace

[tacoman71]

They just posted this on their Facebook page:

Announcing a Pre-Order Marketplace

New customers frequently ask us how they can move up in the order queue, and at times offer us more money to do so. Of course, we refuse. We also have customers who decide to sell their orders on eBay or other venues. Unfortunately, doing so requires a secure form of transfer, and the trust factor simply makes it difficult for a seller to find buyers.

Butterfly Labs is excited to announce a platform that will help merge the needs of both parties. Starting today, a seller will be able to announce the sale of their pre-order position in our classifieds forum. They will establish the terms of sale and make the deal on their own. Once a deal has been made, they will use the transfer system in their account Dashboard to transfer an order to a new owner. When both parties verify and agree to the terms, the order will be moved to the buyer's account.

We expect the order transfer system to be in place by September 10, 2013. We are posting this information now so that you can get a head start posting and selling your order positions in preparation of the launch of this program.

Butterfly Labs will only provide the platform for the order transfer to take place. We are not responsible for any deals made between our customers. Use of the order transfer system is solely the risk of the parties making the order transfer deal. Buyer's must agree to the original terms of the sale, and specifically to the no refund policy.

What do you think about this new announcement?
www.facebook.com/ButterflyLabs

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[PuertoLibre]

Speculatively Translated:

We have a retention problem. People aren't willing to wait until the order queue is fully processed. So they are "bailing on us" for other companies with better offers and forcibly pulling money out of our bank accounts.

We couldn't figure out a way to keep them waiting in line and leaving with their money. We are letting people with spots closer to being serviced in the backlog to sell off their order numbers for some monetary sum. Which means we will keep our newer customers and give "added" value to those who no longer want their orders. (thereby circumventing the forced refund process)

So go along with us. We need this cash. We need to keep our newer customers and our cash flow is probably running real low.

Transfer your unwanted position in line for some cash and keep us solvent, pretty please!

(This is my personal interpretation behind the bullshit.)

[miter_myles]

If they are working on "features" like this.. that means all the back log of orders is completed right?

[Bicknellski]

Speculatively Translated:

We have a retention problem. People aren't willing to wait until the order queue is fully processed. So they are "bailing on us" for other companies with better offers and forcibly pulling money out of our bank accounts.

We couldn't figure out a way to keep them waiting in line and leaving with their money. We are letting people with spots closer to being serviced in the backlog to sell off their order numbers for some monetary sum. Which means we will keep our newer customers and give "added" value to those who no longer want their orders. (thereby circumventing the forced refund process)

So go along with us. We need this cash. We need to keep our newer customers and our cash flow is probably running real low.

Transfer your unwanted position in line for some cash and keep us solvent, pretty please!

(This is my personal interpretation behind the bullshit.)

You speak fluent BFL... amazing where did you study PuertoLibre?

[PuertoLibre]

Speculatively Translated:

We have a retention problem. People aren't willing to wait until the order queue is fully processed. So they are "bailing on us" for other companies with better offers and forcibly pulling money out of our bank accounts.

We couldn't figure out a way to keep them waiting in line and leaving with their money. We are letting people with spots closer to being serviced in the backlog to sell off their order numbers for some monetary sum. Which means we will keep our newer customers and give "added" value to those who no longer want their orders. (thereby circumventing the forced refund process)

So go along with us. We need this cash. We need to keep our newer customers and our cash flow is probably running real low.

Transfer your unwanted position in line for some cash and keep us solvent, pretty please!

(This is my personal interpretation behind the bullshit.)

You speak fluent BFL... amazing where did you study PuertoLibre?

At the Inaba institute of higher learning.

We get our PHD with professor Inaba.

[Xian01]

 Damn. That's some pretty impressive speculation. I would guess you're probably not far off the mark with regard to the solvency aspect.

Speculatively Translated:

We have a retention problem. People aren't willing to wait until the order queue is fully processed. So they are "bailing on us" for other companies with better offers and forcibly pulling money out of our bank accounts.

We couldn't figure out a way to keep them waiting in line and leaving with their money. We are letting people with spots closer to being serviced in the backlog to sell off their order numbers for some monetary sum. Which means we will keep our newer customers and give "added" value to those who no longer want their orders. (thereby circumventing the forced refund process)

So go along with us. We need this cash. We need to keep our newer customers and our cash flow is probably running real low.

Transfer your unwanted position in line for some cash and keep us solvent, pretty please!

(This is my personal interpretation behind the bullshit.)

[DyslexicZombei]

... We also have customers who decide to sell their orders on eBay or other venues. Unfortunately, doing so requires a secure form of transfer, and the trust factor simply makes it difficult for a seller to find buyers.

Trust factor?

If you're not BFL & you have a solid ebay rep by not pissing off anyone - like moi - you easily sell 3 Jalapenos with 2 of them being pre-orders!
D'oh! So much for that argument.

Yoda says: "The fail is strong in that one."

[Flying Hellfish]

I think BFL left some money on the table here, why aren't they charging a 10% transfer fee?  Why not milk the investomer a little more!!

This definitely appears to be a move to preserve liquidity by slowing down refund requests and complaints to regulators by helping people shift an unwanted order to someone else rather than going to the hassle of filing a complaint for refused refund.  This makes me believe that BFL is nervous.

BFL needs the orders to stay on the books at all cost, the more complaints the regulators get the closer they are going to be looking at BFL and I guess no one at BFL wants that! 

I don't believe for one second BFL cares about the aftermarket sale integrity.  What benefit does it have for BFL who holds the order the product is paid for and will ship at the same time regardless of who owns the order.  The only thing they care about with this program is to keep the order on the books, they will certainly parade around telling anyone who wants to cancel to go and sell it on their site and they will help with the transfer (free of charge?).

[DyslexicZombei]

Beautiful insights. I think you summed it up perfectly. Thanks!

[madmax_ger]

If they are working on "features" like this.. that means all the back log of orders is completed right?

yes, since 2 weeks! already!

[YipYip]

I dont understand why they would need any of this

Are they not clearing all back orders in the next 2 weeks ....??

Are these assholes so bad that they are now creating s/w to help maintain the LONG CON....

[Unacceptable]

September 15th is coming fast  

Have you got your refund yet 

[Bicknellski]

Say it with me BFL is just

shady.

[PuertoLibre]

I dont understand why they would need any of this

Are they not clearing all back orders in the next 2 weeks ....??

Are these assholes so bad that they are now creating s/w to help maintain the LONG CON....

Expect the SQL and DB server to be powered by a used Beowolf cluster.

[elux]

Speculatively Translated:

We have a retention problem. People aren't willing to wait until the order queue is fully processed. So they are "bailing on us" for other companies with better offers and forcibly pulling money out of our bank accounts.

We couldn't figure out a way to keep them waiting in line and leaving with their money. We are letting people with spots closer to being serviced in the backlog to sell off their order numbers for some monetary sum. Which means we will keep our newer customers and give "added" value to those who no longer want their orders. (thereby circumventing the forced refund process)

So go along with us. We need this cash. We need to keep our newer customers and our cash flow is probably running real low.

Transfer your unwanted position in line for some cash and keep us solvent, pretty please!

(This is my personal interpretation behind the bullshit.)

You speak fluent BFL... amazing where did you study PuertoLibre?

At the Inaba institute of higher learning.

Surely you mean the Vleisides School of Business?

Brought to you by the creators of Butterfly Labs,
industry leading experts in offers you can't refuse.

/snark

[joeventura]

If they are working on "features" like this.. that means all the back log of orders is completed right?

Not now, not a month from now, not by Christmas

[SkRRJyTC]

> We expect the order transfer system to be in place by September 10, 2013

...

[rm187]

> We expect the order transfer system to be in place by September 10, 2013

...

what happens on 9/11? Well its official pre-orders are worthless as fiat.

[Unacceptable]

Maybe.............a preorder stock market    Buy/sell/trade your preorders today!!!!!!  

Wrap em up like the banks did mortgages & sell em all over the world 

[PuertoLibre]

Sociopathic Personality Traits

• Sociopaths are very manipulative and conning. They never respect or recognize the rights of others. Instead, they consider their selfish nature as the right behavior.
• Sociopathic people display superficial charm and charisma, but underneath they are extremely hostile and domineering. They consider other people just as instruments to be used for their purpose. As such, they tend to dominate and humiliate others.
• Another very interesting characteristic of sociopaths is that they consider the things they want as their right to have. As such, they have a very grandiose sense of their self. Even the luxury items which they crave for is believed to be a need rather than a treat.
• Sociopaths are pathological liars. They tend to lie, just for the heck of it, even when it is not necessary. They can lie quite easily. With time, lying becomes a habit and it becomes very hard for them to speak the truth. In most cases, lying boosts their ego and leads to a high belief in their powers and abilities. Due to frequent lying, sociopaths become so apt in it that they seem to be very convincing.
• They do not exhibit any shame, remorse or guilt. This can mostly be due to their repressed rage that is at the core of many sociopaths.
  Sociopaths do not or are not able to cultivate friends, as they consider other people as opportunities. The nearest that they come to friendship is having accomplices.
• Sociopaths allow nothing to stand in their way of attaining their goals. They always use the wrong method of achieving this, as they consider the end always justifies the means.
• Sociopaths are very shallow people. They do not or cannot portray genuine emotions. Even if they show love and compassion, then it is feigned rather than experienced and they do so to serve an ulterior purpose. Their every act and thought is driven by falsehoods. Because of their lack of emotions they are also incapable of loving others.
• Sociopaths remain unmoved by anything that would upset a normal person. Yet they get outraged by very insignificant matters that would not even cross the mind of a normal human being.
• Sociopaths live on the edge and do not shy away from risks and dangers, because it provides the stimulation that they need. As such, most sociopaths are addicted to gambling and are also promiscuous. For them, brawling, punishments and fights are a daily part of the routine.
• Sociopaths are very impulsive and cannot control their behavior. They cannot sympathize with the pain that their victim feels. Instead, they feel only contempt and take advantage of their victims’ distress.
• Unreliability and irresponsibility are other characteristics that define sociopaths. Since they are constantly lying and exhibit self centered behavior, relying on them for some work or giving them a responsibility would not solve the purpose.