CoinTerra announces <$3/GH January pricing and new product availability

[monkee]

Their phone number posted on their site does not work either.

1 (512) 270-6050

[1714931511]

1714931511

[1714931511]

1714931511

[1714931511]

1714931511

[1714931511]

1714931511

[Sitarow]

Their phone number posted on their site does not work either.

1 (512) 270-6050

Cointerra:

Where stolen from:


Cointerra:

Where stolen from:


Target demographic:

And no reply to my question about SSL?

Please consider our perspective in this. We realize you have no product at this time. However what you are asking for is an incredible amount of faith on the customers part.

Less us not forget ASX-project with their claims?

https://bitcointalk.org/index.php?topic=189846.msg2205949#msg2205949

and this?

Censored ASIC chips found on their website:




Those are 1994 Apple Quickdraw 3D Card ASIC:



SCAM

OP is probably part of this scam.

Hello everyone,

We have become aware of the concerns in the bitcoin community and see it best fit to address the concerns here. The skepticism as to the images used is justified as the ASIC chip is indeed an example of a future product-part. We thought it would be possible to attain the required funds for our first batch delivery based on the information provided to create a solid client base for subsequent batch productions. This is clearly not the case.

We think that it is in our best interest to deliver prototype miner(s) to highly trusted member(s) to establish trust and confidence in our ability to produce and deliver the products. As we are confident we can. This will however delay the 'mass' production, which was initially intended to start as soon as possible. Our supplier has already shown the capability of producing the required hardware. Thus, we feel confident in our combined ability to reach set goals. 

We will dedicate our time to update and provide additional information for the coming period. Tomorrow, we have an appointment with out supplier to discuss the cost and possibility of producing a smaller amount of ASIC modules for the purpose of providing prototypes.

We will keep you posted. Any suggestions regarding efforts from our side towards helping this project reach its potential are very welcome.

Regards,

ASX Project

and now asxproject.com no work anymore.

Please understand that we do not wish to spread FUD. But do not continue on ignoring this equation.

[AussieHash]

They sound quite desperate with 2 new price cuts in a span of maybe 1 month. I wonder how much they will pay us for batch 3 delivering in feb ?

Starting to sound too good to be true. "700GH/sec"

Maybe they are the same scammers as
https://bitcointalk.org/index.php?topic=285533.msg3126281#msg3126281

Also their email address is down

Sorry, we were unable to deliver your message to the following address.

<support@cointerra.com>:
Remote host said: 550 5.1.1 http://support.google.com/mail/bin/answer.py?answer=6596 i3si3284875obz.133 - gsmtp [RCPT_TO]

--- Below this line is a copy of the message.

[Hoofprint]

punch their addy into google and look at street view

11130 Jollyville Rd
Austin, TX 78759

dental office, mortgage firm and a chiropractor no cointerra.

According to others bad phone number, faulty email, no paypal or CC....... smells like a scam 

[console_cowboy]

punch their addy into google and look at street view

11130 Jollyville Rd
Austin, TX 78759

dental office, mortgage firm and a chiropractor no cointerra.

According to others bad phone number, faulty email, no paypal or CC....... smells like a scam 

To be fair on that one, you'd have to see the date of the street view. Cointerra is a fairly new company.

[Sitarow]

punch their addy into google and look at street view

11130 Jollyville Rd
Austin, TX 78759

dental office, mortgage firm and a chiropractor no cointerra.

According to others bad phone number, faulty email, no paypal or CC....... smells like a scam 

To be fair on that one, you'd have to see the date of the street view. Cointerra is a fairly new company.

Someone from the community please go down and verify this address.

Considering the amount of time and energy put into this. I would be very surprised if this turns out to be a scam.

However something just does not seem on the level here.

[creativex]

It's the shopped chipzilla pics. That's a bulk can of worms to open. A legit company would be very unlikely to go down that road.

[Tsukene]

Add paypal or a credit card option cointerra and you have a new customer. Otherwise... I just don't feel like I can risk my BTC.

Same for me. Would love to order one but am not doing pre-orders in BTC going forward.

I also agree, hopefully they are working towards it.

[console_cowboy]

punch their addy into google and look at street view

11130 Jollyville Rd
Austin, TX 78759

dental office, mortgage firm and a chiropractor no cointerra.

According to others bad phone number, faulty email, no paypal or CC....... smells like a scam 

To be fair on that one, you'd have to see the date of the street view. Cointerra is a fairly new company.

Someone from the community please go down and verify this address.

Considering the amount of time and energy put into this. I would be very surprised if this turns out to be a scam.

However something just does not seem on the level here.

I agree that something seems weird, particularly all the stolen images, quick price drops, and lack of refundable payment methods.

I imagine there has to be someone on this board in Austin, TX with a camera and a few hours to go and visit with the Cointerra people.

[FeedbackLoop]

What about just emailing Dr. Naveed Sherwani and a couple other board members? Although it could be easy to dupe one or two legit guys into "advisory" positions for a BS company.

Edit:

The youtube video posted right at their front page combined with their linkedin etc profiles makes it seem quite legit:
http://www.youtube.com/watch?v=K199f61n4qM

[Paladin69]

Slap the name of Intel, nVidia, and Samsung on your product along with the picture of a smart looking Indian with glasses.  Instant money pouring in, right?

What if it is just a group with a large mining farm wanting to protect the network for themselves by holding other peoples money...preventing them from going with someone else for a while longer...

[Threader]

Anyone game to call the dental group and ask a few questions concerning their neighbors?


Omni Dental Group
11130 Jollyville Road #1500, Austin, TX 78759 map
(512) 346-8424

[AussieHash]

Anyone game to call the dental group and ask a few questions concerning their neighbors?


Omni Dental Group
11130 Jollyville Road #1500, Austin, TX 78759 map
(512) 346-8424

Hello, eve ?

[PuertoLibre]

Anyone game to call the dental group and ask a few questions concerning their neighbors?


Omni Dental Group
11130 Jollyville Road #1500, Austin, TX 78759 map
(512) 346-8424

Hello, eve ?

Is everyone afraid to dial a phone number?

[Phinnaeus Gage]

Anyone game to call the dental group and ask a few questions concerning their neighbors?


Omni Dental Group
11130 Jollyville Road #1500, Austin, TX 78759 map
(512) 346-8424

Or at least ask if there's a blue light in the window. If there is, then I have a clue as to who he may be, especially if there's a sign on the door that reads, "Hello, fellow Bitcoiners!"

[PuertoLibre]

Anyone game to call the dental group and ask a few questions concerning their neighbors?


Omni Dental Group
11130 Jollyville Road #1500, Austin, TX 78759 map
(512) 346-8424

Or at least ask if there's a blue light in the window. If there is, then I have a clue as to who he may be, especially if there's a sign on the door that reads, "Hello, fellow Bitcoiners!"

Mr. PG,

When will you disclose the details of your visit at BFL?

[ASIC-K]

shit, ill call them

[console_cowboy]

The fact that they would let these scam accusations go unanswered is a red flag as well. If I was doing a press release for a large product line and new run of chips, which severely undercut my previous run's buyers, I'd have someone monitoring this thread.

[g0dbra1n]

Ravi, Timo, and Dr. Sherwani seem pretty legit to me...

http://www.youtube.com/watch?v=K199f61n4qM&feature=player_embedded

[BTCguide]

The fact that they would let these scam accusations go unanswered is a red flag as well. If I was doing a press release for a large product line and new run of chips, which severely undercut my previous run's buyers, I'd have someone monitoring monitoring this thread.

They are probably too busy taking orders.