Bitcoin Forum
April 27, 2024, 12:23:18 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 [62]
  Print  
Author Topic: 1GH/s, 20w, $500 — Butterflylabs, is it a scam?  (Read 123037 times)
sadpandatech
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500



View Profile
December 02, 2011, 12:57:07 AM
 #1221

The arguments against this being a scam sound a lot like the arguments Bernie Madoff's investors would've made against people advising them that it was a scam.

  Except in this case, those suggesting it is not a scam are still smart enough to not make an investment in this until we have solid proof of exact numbers and product availability(some of them getting shipped from preorders).

If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system.
- GA

It is being worked on by smart people.  -DamienBlack
1714177398
Hero Member
*
Offline Offline

Posts: 1714177398

View Profile Personal Message (Offline)

Ignore
1714177398
Reply with quote  #2

1714177398
Report to moderator
1714177398
Hero Member
*
Offline Offline

Posts: 1714177398

View Profile Personal Message (Offline)

Ignore
1714177398
Reply with quote  #2

1714177398
Report to moderator
1714177398
Hero Member
*
Offline Offline

Posts: 1714177398

View Profile Personal Message (Offline)

Ignore
1714177398
Reply with quote  #2

1714177398
Report to moderator
BitcoinCleanup.com: Learn why Bitcoin isn't bad for the environment
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714177398
Hero Member
*
Offline Offline

Posts: 1714177398

View Profile Personal Message (Offline)

Ignore
1714177398
Reply with quote  #2

1714177398
Report to moderator
1714177398
Hero Member
*
Offline Offline

Posts: 1714177398

View Profile Personal Message (Offline)

Ignore
1714177398
Reply with quote  #2

1714177398
Report to moderator
1714177398
Hero Member
*
Offline Offline

Posts: 1714177398

View Profile Personal Message (Offline)

Ignore
1714177398
Reply with quote  #2

1714177398
Report to moderator
bittenbob
Hero Member
*****
Offline Offline

Activity: 560
Merit: 500


View Profile
December 02, 2011, 01:04:19 AM
 #1222


I said nothing of the sort.  In fact, I said the opposite.  This is yet ANOTHER straw man you are using to bolster your completely failed arguments.  This is what I'm talking about... you pick and choose small points that either are outright fabrications (such as this instance), out of context or "mistakes" and then use them to demonstrate why your points are correct.  This is a classical fallacy and you are repeatedly falling into it, even after I've pointed it out.  There's only so much hand holding I can do here.


Actually you did say a troll and I said you seem to be in love with this company now so I just implied why dont you buy $7k worht of the boards (10 now). I pick points that seem to not add up and there is absolutely nothing wrong with that.  How am I using any fallacy to illustrate my point? It seems you are just pulling shit out of your ass now.


So you've absolutely no experience in operating a business and yet you are somehow qualified to make pronouncements on exactly what is required?  How does that work?  Heck, I guess that makes me a particle physicist, since I've read up on the subject a little bit.  I notice you completely gloss over the fact that I have in the past run several start ups and currently run a full fledged corporation OUT OF MY RESIDENCE, thus disproving your point.  Hiring people most definitely does NOT require office space... and often it does not even require capital - you offer stock options/portions of the company.  You will find many, many people in the tech industry willing to work for "free" to own a part of a company they believe in.  I don't know what BFL has done in this regards, I am simply speaking from a) experience and b) in general.


I have business experience but not a startup. You admit it requires capital and I don't know many people that would work for free or even for a portion of a business this small. People have bills to pay unless you have too much money. Does your landlord know you run a business out of your residence? If so I am sure you are violating your lease and can/will eventually be evicted. If you own thats a different story but clearly they do not. Again it seems you are speaking out your ass.



It's not my definition of the a scam, it's THE definition of a scam (feel free to look it up).  It is the generally agreed on definition by the entire English speaking world; you are of course free to re-define it as you wish, but that doesn't mean people are going to agree with you.  You know nothing of business and I have not seen any evidence you know much technical detail about chip fabrication and/or PCB design or FPGA / ASIC design, yet you are again trying to speak authoritatively.  As a point of fact, power consumption does not rise exponentially - if it did, your board , CPU or GPU would burst into flames and your house wire would melt if you overclocked your CPU even a little bit.  Power consumption typically follows an increasingly steepening curve to failure - eventually you might get into an exponential rise, but your hardware would have failed long before then.


OK I didnt break out websters but so far they have misled us either deliberately or not. Given that the people with the most experience with FPGAs on this board doubted the claims from the outright for the power consumption and output I would say it sounds deliberate (or that they don't really know what they are talking about). I never claimed to be a PCB design expert and I am going off of what the experts here are saying. Exponential power consumption occurs at some point when overclocking but a steepening curve still gets my point across. I have my CPU well overclocked and it uses a lot more power per watt than at stock settings. Same with my GPU. Either way the more hashing power the more the power consumption which means they have failed on their promise of 19.6W (quite the specific number too btw).



You can reiterate that I have somehow been "charmed" by these people all you want, but you have yet to produce any evidence or counter arguments to what I have said.  You have produced a few straw men and knocked them down handily.  You've provided some rhetoric.  Produce something tangible by way of countering ANYTHING I've said so far and you can then potentially label me "charmed."  I have reported exactly what I've seen, without bias and within the ground rules that were set forth PRIOR to the test.  How is it that I've been "charmed" again?  

Anyway, I'm done.  I've said what I came to say and unless you have some form of rebutal that doesn't involve straw and rhetoric, there's not much point in continuing this line of discussion.


You seem to like using the word straw a lot. I am merely pointing out what I have observed. If thats being a straw man than you got me! I also did some work earlier in the thread trying to track down any signs of legitimacy to this businsess in paper form and was unable to. This could have simply been disproven by them by providing a business license which would then be confirmed? Why the secrecy with the business license? You seem to be quite biased now lashing out with insults to anyone who still questions this company, hence the question by the other user if they are paying you now. Thats more than just me who thinks this.

So how much straw are you selling Inaba? Either way im not buying. I didnt challenge your numbers at all during testing just the company itself so there is no reason for you to take offence the way you did if you were truly unbiased.

I just really dont know what else to add here because you seem to be lashing out at me for merely pointing out observations as an unbiased, uninvested observer. I think you should try and evaluate if you are truly objective anymore because I sure question it.
Inaba
Legendary
*
Offline Offline

Activity: 1260
Merit: 1000



View Profile WWW
December 02, 2011, 01:37:08 AM
 #1223

Actually you did say a troll and I said you seem to be in love with this company now so I just implied why dont you buy $7k worht of the boards (10 now). I pick points that seem to not add up and there is absolutely nothing wrong with that.  How am I using any fallacy to illustrate my point? It seems you are just pulling shit out of your ass now.

Quote
You seem to have been charmed by whoever they sent that has you absolutely convinced this is not a scam.

Lie #1.


Quote
I have business experience but not a startup. You admit it requires capital and I don't know many people that would work for free or even for a portion of a business this small.

You don't know them, so they must not exist, right?  You might have heard of a little company, started out of an apartment with the employees not getting paid, but getting a portion of the company.  Everyone thought it would fail in the beginning except the people involved directly.  The company is now known as "Facebook."  Have you heard of it?  Just one of hundreds of high profile examples.

Quote
People have bills to pay unless you have too much money. Does your landlord know you run a business out of your residence? If so I am sure you are violating your lease and can/will eventually be evicted. If you own thats a different story but clearly they do not. Again it seems you are speaking out your ass.

Yes, because you assume I live in an apartment or something?  One more thing that has NOTHING to do with the issue, you are just throwing it out there to bolster your argument.


Quote
OK I didnt break out websters
  Perhaps you should before using terms you aren't clear on.

Quote
Exponential power consumption occurs at some point when overclocking but a steepening curve still gets my point across. I have my CPU well overclocked and it uses a lot more power per watt than at stock settings. Same with my GPU. Either way the more hashing power the more the power consumption which means they have failed on their promise of 19.6W (quite the specific number too btw).

So now it's not exponential but a steepening curve?  You are agreeing to that point?  So what you're saying is that basically what you said before you just pulled out of your ass, right?


Quote
You seem to like using the word straw a lot.

I did use it a lot, because you used classic examples of straw men.  What do you want me to call it?  Do you want me to make up definitions of words like you've been doing?  Your logical fallacy is called a straw man, go look that up as well.  I am not making this up.

Quote
I am merely pointing out what I have observed.

And I am merely pointing out that what you have "observed" is false, irrelevant to your principal thesis (that it is a scam) or completely fabricated.

Quote
I also did some work earlier in the thread trying to track down any signs of legitimacy to this businsess in paper form and was unable to. This could have simply been disproven by them by providing a business license which would then be confirmed? Why the secrecy with the business license?

WHAT. DOES. THIS. HAVE. TO. DO. WITH. IT. BEING. A. SCAM?

Quote
You seem to be quite biased now lashing out with insults to anyone who still questions this company, hence the question by the other user if they are paying you now. Thats more than just me who thinks this.

But it's just you posting a bogus list, so take what you want from that.  I am not biased nor am I lashing out, beyond calling you on your "list" of "evidence" that is anything but.  YOU are being biased by providing fabricated or irrelevant evidence to support your claims.  That, also, is the definition of bias, another word you should probably look up.

Quote
So how much straw are you selling Inaba? Either way im not buying. I didnt challenge your numbers at all during testing just the company itself so there is no reason for you to take offence the way you did if you were truly unbiased.

Of course you're not buying it, you're far too biased to accept the evidence that's in front of you, provided multiple times, in several forms.  You want this so badly to be a scam you are unwilling to accept factual evidence that flies in the face of your "evidence."  Once again, you've provided exactly NOTHING to counter even a single argument.  Throw me a bone here, at least make an attempt to at a counter argument.

Quote
I just really dont know what else to add here because you seem to be lashing out at me for merely pointing out observations as an unbiased, uninvested observer. I think you should try and evaluate if you are truly objective anymore because I sure question it.

I am "lashout out" as someone speaking authoritatively on subjects when you clearly have absolutely no authority to speak with regards to them.  I am "lashing out" at complete fabrications of "evidence" for supposed "crimes" that haven't even happened yet.  And the only reason I have engaged thus far is because I get worn out of people who are unable to use even basic logic to pick out reality from fantasy and then try to pass off their rambling as useful discourse as opposed to the troll attempt that it is.  Hell, for all I know you actually believe what you are saying constitutes evidence for a scam... if so, you really need to rexamine a few things with regards to this and examine your motives for repeatedly posting your little "list".  There are reasons this could be a scam, there is evidence that mistakes could have been made, there are many things in this that are unexpected - but none of that is on your list of "evidence" that it is a scam only irrelevant fact, fabrications and misinformation.

If you're searching these lines for a point, you've probably missed it.  There was never anything there in the first place.
nmat
Hero Member
*****
Offline Offline

Activity: 602
Merit: 501


View Profile
December 02, 2011, 01:46:45 AM
 #1224

My rule of thumb for forum posts is: if there are more than 2 quotes with a reply underneath in a single post, then it is usually not worth reading because it is a pointless discussion where both sides could be correct (others may call it feeding the trolls Tongue).
sadpandatech
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500



View Profile
December 02, 2011, 01:47:20 AM
 #1225

  *hands out some tasty, dark roast coffee*

  We're all a little on edge for different aspects of the whole thing. We are certainly not gonna change whatever the final outcome will be by stressing each other out over it.


   Cheers

If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system.
- GA

It is being worked on by smart people.  -DamienBlack
DiabloD3
Legendary
*
Offline Offline

Activity: 1162
Merit: 1000


DiabloMiner author


View Profile WWW
December 02, 2011, 01:51:58 AM
 #1226

I already locked one out of control flamefest thread in the past 24 hours, are we going for two?

bittenbob
Hero Member
*****
Offline Offline

Activity: 560
Merit: 500


View Profile
December 02, 2011, 01:57:32 AM
 #1227

So now Im a liar am I? I was merely pointing out that you are being a bit too defensive to be biased and yes I know what that means. Im not stupid althought you keep on implying that. You do know what implying means right (see I can do it too).

If the curve per watt is increasingly steep on a chart of total power consumption it looks exponential. This is a stupid argument and I wish you would just drop it.

I did not assume you lived in an apartment and if you actually read my post I said if you lived in a house thats a different story. So you are telling a lie.

I have yet to see you prove any of my statements as a fallacy and even the exponential part which I was partly wrong on is still correct if you read above. You should try doing some graphs... I do it for a living.

My list was not bogus and I stand by every point. You saying it is bogus doesnt make it so.

None of my evidence is fabricated as there is no evidence, only observations. You continue to lash out with the name calling and implications and I quite frankly am growing tired of it. I am tired of this whole argument and you should step off your high horse and just drop it. You can add as many words as you want trying to generalize on my statements and discrediting them but I did not fabricate anything and did not misinform. What you may consider an irrelevant fact others may so irrelevant fact. When you say this it sounds like something someone who is about tof fall victim to a scam would say. Your post strikes more as a troll than me but I did not start the name calling like you did. Grow up!

This still may be a scam as I said and I also said if it isnt then its very shady business practice (a relevant fact). Now stop trying to insult me and insinuate that I am dumb because I am not.


bittenbob
Hero Member
*****
Offline Offline

Activity: 560
Merit: 500


View Profile
December 02, 2011, 02:01:55 AM
 #1228

I already locked one out of control flamefest thread in the past 24 hours, are we going for two?

I am done.
worldinacoin
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
December 02, 2011, 02:33:12 AM
 #1229

Relax, nothing to be angered about.  If it is proven to be good, I am sure they will have brisk sales.  If not, it will just slip into oblivion and we can continue heating our houses with GPUs Smiley and be extremely phobic about energy bills.
bittenbob
Hero Member
*****
Offline Offline

Activity: 560
Merit: 500


View Profile
December 02, 2011, 03:04:05 AM
 #1230

With no disrespect I made a graph to prove my point about the exponential thing. Yes I pulled the numbers out of my ass but in general it follows the same trend. This is what I estimate my CPU is roughly while playing a little fast and loose with the numbers. You can see the Watt per Mhz line gets steeper but the Total Power consumption is exponential. It would follow a trendline closer if I only trended the part after overclock. This is based on my AMD Phenom II x6 1090T.

If anyone wishes to question whether I graph or not for a living I test solar panels to the breaking point and give them their ratings. I also debunk a lot of false claims companies makes (solar and non) at my job. This involves graphing of thermal, electrical and mechanical cycling for tests that can take anywhere from a few minutes to several months. I never once claimed to be an FPGA designer and would never do so.



I added a trendline that follows the whole power curve with an exponential equation. Again people I know I am wrong with the numbers just want to prove my point. That point is that if they cannot achieve the power numbers stated with a lower hash rate with current equipment there is no chance they will achieve it with a higher hashrate.
likuidxd
Sr. Member
****
Offline Offline

Activity: 476
Merit: 500


View Profile
December 02, 2011, 03:11:20 AM
 #1231

Largest circle jerk of bullshit I've ever had the pleasure of wasting my time reading.

There is no way of knowing if this is a con or not until someone does/does not receive the boards that were ordered. Plan and simple

This is just a show off thread for people who think they're just the smartest people alive so far.

Thanks for taking the time to try to clear the air on the product Inaba, I really do appreciate it, but again read second line. Until 10 or 15 of these boards arrive and are hashing away it's sketchy to me. If you think it's real, buy it but you're warned. Think it's a con great I think your point has been made 70 pages ago.

bittenbob
Hero Member
*****
Offline Offline

Activity: 560
Merit: 500


View Profile
December 02, 2011, 03:13:09 AM
 #1232

Largest circle jerk of bullshit I've ever had the pleasure of wasting my time reading.

There is no way of knowing if this is a con or not until someone does/does not receive the boards that were ordered. Plan and simple

This is just a show off thread for people who think they're just the smartest people alive so far.

Thanks for taking the time to try to clear the air on the product Inaba, I really do appreciate it, but again read second line. Until 10 or 15 of these boards arrive and are hashing away it's sketchy to me. If you think it's real, buy it but you're warned. Think it's a con great I think your point has been made 70 pages ago.

I made this point in my comments as well. It is not official that it is not a scam until several people recieve fully functioning boards as promised.
+1
DiabloD3
Legendary
*
Offline Offline

Activity: 1162
Merit: 1000


DiabloMiner author


View Profile WWW
December 02, 2011, 03:35:39 AM
 #1233

And now the thread is locked.

gmaxwell (OP)
Staff
Legendary
*
Offline Offline

Activity: 4158
Merit: 8382



View Profile WWW
December 02, 2011, 04:35:54 AM
 #1234


Thread reboot at https://bitcointalk.org/index.php?topic=53530.0

Lets try to keep it civil.
Pages: « 1 ... 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 [62]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!