Dwarf FPGA – the anti-ASIC

[MagicSmoker]

Hi all!
We regret to inform you we decided to not use Paypal more. To all who have already paid via Paypal, we have requested a refund. Be calm, all money will return to you.
If you have any problems with the refund you should inform us via e-mail or in this thread.
Your order is maintained for 5 days. During this time you can choose another payment method or cancel the order.
We are truly sorry for the inconvenience.

Quoted for posterity, but with the obnoxious lime green color removed.

I see you've been tagged by @suchmoon. Welp, consider me no longer interested in whatever scam you are trying to perpetrate here. You've been repeatedly advised to send a demo unit to a trustworthy forum member like @philipma1957 and have flat out ignored those comments. This seems like the hardware version of bitconnect: if it sounds too good to be true...

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[melpheos]

Hi all!
We regret to inform you we decided to not use Paypal more. To all who have already paid via Paypal, we have requested a refund. Be calm, all money will return to you.
If you have any problems with the refund you should inform us via e-mail or in this thread.
Your order is maintained for 5 days. During this time you can choose another payment method or cancel the order.
We are truly sorry for the inconvenience.

I'm not sure what to think about this...

[Sebahl]

So now there is no save way to pay anymore - with the option of a refund, if they don’t deliver. I was debating on buying one but without PayPal I will wait and see how this plays out.

[xpm-guru_v2]

Hi all!
We regret to inform you we decided to not use Paypal more. To all who have already paid via Paypal, we have requested a refund. Be calm, all money will return to you.
If you have any problems with the refund you should inform us via e-mail or in this thread.
Your order is maintained for 5 days. During this time you can choose another payment method or cancel the order.
We are truly sorry for the inconvenience.

I propose you to save these order/reserve the miners for users who chose to go with paypal. I still would like to order but after there is proof that you really shipped these and all works out just fine then I'm ready to use other payment methods.

[DwarfMiner]

How the paypal works.
7 days is a banking hold. During this period, the transaction can be canceled without loss for both sides.
After the seventh day we will have to pay thirty euros for each refund.
45 days this is the oun protection of the paypal. Nobody will prevent a seller from cashing out the account and running away in this period. And you will have to convince the paypal to compensate your payment from its funds.
For us this means if someone blocks our account after the seventh day we will lose heavily. Attempts to do this are constantly being undertaken - the paypal informed us of suspicious activity again.
This was the reason for the refusal of this payment system.

[BIERAAP]

Collect and pay in person possible ? :-)

[Longsnowsm]

Well at least some of the responses by the OP make sense.  They don't have the working demo units to be able to send to people to try.  He should have stated he would like to send out demo units, but he does not have them to send instead of what appears to the community to be evasive and somewhat arrogant stance of "we don't have to".

Secondly which is a little more concerning is the response that if they sent out demo units the time frame would be lengthened and the coin would fork.  This raises 2 questions immediately to me.  
1. It shouldn't take that long for a trusted member to power on, take some pictures, and validate the unit to the community.  So that really is a non-argument.  But as pointed out in the first item they don't units to send.  So that is probably the real explanation.  
2. If he sent out demo units the coin would fork?  So are we saying we think that the coin will fork and brick these units in just a couple of months?  And how hard is it to make the code change and load them on these units?  You now raise some serious concerns about the shelf life of this product and or the ability to respond to a fork with updates in a timely manner.

Now with the announcement there is no Paypal or refundable option this really closes the doors for most people trying to avoid risk.  Without any assurance that the purchase is protected on an unproven product you now have an uphill battle.  

Your last option to provide some assurance may be to use one of the escrows here on the forum that is well known and trusted.  This way payment is made, held until units verified, and funds released.  

[skablast]

Well, I have no problem to send you payment via paypal and 30 euro by bank.
I will no risk that you disappear, and you will not loose any money if I disappear.

I don't understand why do you activate alibaba escrow. It cost less than paypal. Isn't that crazy like Paypal can be.
I use normally since a couple of year when importing from China.
And its offered by ALL the company or people listed on ALibaba.

It does make sense if you plan to ship from China, UNLESS you can't make an invoice.

[yrk1957]

Hi all!
We regret to inform you we decided to not use Paypal more. To all who have already paid via Paypal, we have requested a refund. Be calm, all money will return to you.
If you have any problems with the refund you should inform us via e-mail or in this thread.
Your order is maintained for 5 days. During this time you can choose another payment method or cancel the order.
We are truly sorry for the inconvenience.

Well, that is unfortunate.

Unless there is a third-party payment option with protection, this is a no-go for me.

[VoskCoin]

Hi all!
We regret to inform you we decided to not use Paypal more. To all who have already paid via Paypal, we have requested a refund. Be calm, all money will return to you.
If you have any problems with the refund you should inform us via e-mail or in this thread.
Your order is maintained for 5 days. During this time you can choose another payment method or cancel the order.
We are truly sorry for the inconvenience.

You should simply utilize a forum escrow that is reputable . . there are many I am sure would be willing to broker a deal of X units.

Phil for example is notorious here esp. for services like this or I would even be willing to escrow a batch of orders . . there are over 300 videos w/ my face in them lol

Also the obnoxious lime green . . please.  .not again lol

Discussed this vaporware miner along with others yesterday along with other options if anyone is interested
https://youtu.be/r_SLyj_TlUI

[xpm-guru_v2]

I don't understand why do you activate alibaba escrow. It cost less than paypal. Isn't that crazy like Paypal can be.
I use normally since a couple of year when importing from China.
And its offered by ALL the company or people listed on ALibaba.

It does make sense if you plan to ship from China, UNLESS you can't make an invoice.

+1, you should really think about implementing that. There is still time before units are ready for shipping. 18 days from now...

[suchmoon]

How the paypal works.
7 days is a banking hold. During this period, the transaction can be canceled without loss for both sides.
After the seventh day we will have to pay thirty euros for each refund.
45 days this is the oun protection of the paypal. Nobody will prevent a seller from cashing out the account and running away in this period. And you will have to convince the paypal to compensate your payment from its funds.
For us this means if someone blocks our account after the seventh day we will lose heavily. Attempts to do this are constantly being undertaken - the paypal informed us of suspicious activity again.
This was the reason for the refusal of this payment system.

What country are you in? Refund fee is typically 0.35 EUR. You might be talking about a chargeback fee but even that is 16 EUR, not 30 EUR. Can you provide a link to the fees you're talking about?

I'm still puzzled why you keep talking about the seller running away. You're the seller. Are you planning to run away?

[melpheos]

Hi all!
We regret to inform you we decided to not use Paypal more. To all who have already paid via Paypal, we have requested a refund. Be calm, all money will return to you.
If you have any problems with the refund you should inform us via e-mail or in this thread.
Your order is maintained for 5 days. During this time you can choose another payment method or cancel the order.
We are truly sorry for the inconvenience.

You should simply utilize a forum escrow that is reputable . . there are many I am sure would be willing to broker a deal of X units.

Phil for example is notorious here esp. for services like this or I would even be willing to escrow a batch of orders . . there are over 300 videos w/ my face in them lol

Also the obnoxious lime green . . please.  .not again lol

Discussed this vaporware miner along with others yesterday along with other options if anyone is interested
https://youtu.be/r_SLyj_TlUI

Apparently they have only a thousand or so units left to sell so there is no point for them to use escrow now.
There are plently of gulible/risky people like me to empty their stock (bought 4)

[Longsnowsm]

I suspect once they update the store stats with the refunded units from Payal that figure will climb back up. 

[Searing]

Hi all!
We regret to inform you we decided to not use Paypal more. To all who have already paid via Paypal, we have requested a refund. Be calm, all money will return to you.
If you have any problems with the refund you should inform us via e-mail or in this thread.
Your order is maintained for 5 days. During this time you can choose another payment method or cancel the order.
We are truly sorry for the inconvenience.

Well, that is unfortunate.

Unless there is a third-party payment option with protection, this is a no-go for me.

You are lucky...I think they are going to go with the OVER 45 days when PayPal no longer allows disputes...so IF it gets to that point

and anyone reading this (hopefully you paid by credit card when you went the Paypal route) put in a DISPUTE before the 45-day deadline...

IF it is the 45-day PayPal scam, I think credit cards are 60 days(maybe) and thus, if again I remember right, you with the dispute can

extend the deadline to 60 days to decide to pull the plug...so those who have paid...pay attention to the 45-day limit....if it is a Paypal

45-day scam..there will 'production problems and please be patient posts' and your money will go, poof,****..thus past that deadline they have you...

(or at least that was how this type of thing was played out in 2014..when we saw a mess of them)

hope I'm wrong and the product exists...but all these NEWBIE endorsements and no review by a trusted member on bitcointalk...

I think this is unlikely

Also on previous 45-day PayPal scams, THEY ALWAYS CANCEL PAYPAL FIRST ...that is always a given...

I suspect once they update the store stats with the refunded units from Payal that figure will climb back up.  

the stats could very well be made up...if it is a scam...and again looking at such...

[gameboy366]

Well at least some of the responses by the OP make sense.  They don't have the working demo units to be able to send to people to try.  He should have stated he would like to send out demo units, but he does not have them to send instead of what appears to the community to be evasive and somewhat arrogant stance of "we don't have to".

Secondly which is a little more concerning is the response that if they sent out demo units the time frame would be lengthened and the coin would fork.  This raises 2 questions immediately to me.  
1. It shouldn't take that long for a trusted member to power on, take some pictures, and validate the unit to the community.  So that really is a non-argument.  But as pointed out in the first item they don't units to send.  So that is probably the real explanation.  
2. If he sent out demo units the coin would fork?  So are we saying we think that the coin will fork and brick these units in just a couple of months?  And how hard is it to make the code change and load them on these units?  You now raise some serious concerns about the shelf life of this product and or the ability to respond to a fork with updates in a timely manner.

Now with the announcement there is no Paypal or refundable option this really closes the doors for most people trying to avoid risk.  Without any assurance that the purchase is protected on an unproven product you now have an uphill battle.  

Your last option to provide some assurance may be to use one of the escrows here on the forum that is well known and trusted.  This way payment is made, held until units verified, and funds released.  

I am in import export bness. One of the rule is to keep at least one perfect sample with you. It has many uses like matching it with the shipment if all the specification are exact. Manufacturer will also not to try to cut corners if he knows you have the sample. This is applicable to all industries and is standard practice.

[DwarfMiner]

Also on previous 45-day PayPal scams, THEY ALWAYS CANCEL PAYPAL FIRST ...that is always a given...

Maybe it would be more logical to do this at the end of sales? But not in the first week?

Yesterday you talked about 45-days refund. Today you are not happy again. If tomorrow I will return PayPal what reason will you come up with? You must to decide.

So far, no one has written that his money was not refunded.

[DwarfMiner]

I suspect once they update the store stats with the refunded units from Payal that figure will climb back up. 

Orders are in reserve for 5 days.

[McMCrypto]

Hi, guys, somebody has bought this FPGA  and its work in fact ?,  all these "fantastic numbers" seen scam .....

[suchmoon]

I suspect once they update the store stats with the refunded units from Payal that figure will climb back up.  

the stats could very well be made up...if it is a scam...and again looking at such...

Well, here's some food for thought:

This thread is the only place where they promote their site. It has ~7000 views as of now. Dwarf claims to have sold nearly 5000 units. That would be a truly miraculous 50%+ conversion rate. Actually more than that - they made that claim when the thread had barely 6000 views.

Even if they're legit - they're still liars and bigly incompetent, which in the end probably yields a similar result for the buyers as a scam would.