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Author Topic: SCAM: Black Arrow LTD  (Read 27142 times)
notbatman (OP)
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June 10, 2014, 09:05:29 AM
 #41

Update: 10th of June 2014

1. Batch 1 hasn't shipped.

2. Batch 2 hasn't shipped.

3. No shipping date provided.

4. Refunds refused.

5. A couple of Raspberry Pie based X1 miners have apparently been shipped to Black Arrow insiders however, customers en  masse remain empty-handed. The insider who received the makeshift X1 stated that mass production of the ARM based X1 would take 2 - 3 weeks.
"Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own." -- Satoshi
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notbatman (OP)
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June 11, 2014, 10:42:39 AM
Last edit: June 11, 2014, 10:54:06 AM by notbatman
 #42

Update: 11th of June 2014

1. Batch 1 hasn't shipped.

2. Batch 2 hasn't shipped.

3. No shipping date provided.

4. Refunds refused.

5. If the Prospero were a banana then it would be an extremely ripe one mostly black in colour.

Hippie Tech
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June 12, 2014, 03:10:29 AM
 #43

Much has already been said about BA..

https://bitcointalk.org/index.php?topic=478198.0
https://bitcointalk.org/index.php?topic=313049.0
https://bitcointalk.org/index.php?topic=469017.0
https://bitcointalk.org/index.php?topic=459340.0

notbatman (OP)
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June 12, 2014, 10:39:49 AM
 #44

Update: 12th of June 2014

1. Batch 1 hasn't shipped.

Reports of a few insiders receiving raspberry pi based X1 miners have surfaced.
Reports of so-called compensation PSU's (customers paid extra for) being shipped have also surfaced.

2. Batch 2 hasn't shipped.

3. No shipping date provided.

4. Refunds refused.

A report from an irate customer says Black Arrow has offered a BTC refund to him. Although this customer has taken issue with the amount offered to be refunded.

5. SHA256 is an established encryption scheme. ASICs are an existing technology. SPI is an existing technology. The official Acorn RISC Machine project started in October 1983. CGMiner is an existing software.

Why are 99.9% of the customers left with nothing at all three and one half months after the agreed upon shipping date of a revenue generating perishable commodity?
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June 12, 2014, 11:52:27 AM
 #45

Next bad reputation for bitcoin..
notbatman (OP)
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June 13, 2014, 10:58:09 PM
Last edit: June 14, 2014, 11:17:31 PM by notbatman
 #46

Update: 13th of June 2014

1. Batch 1 hasn't shipped.

Reports of a few insiders receiving raspberry pi based X1 miners have surfaced.

2. Batch 2 hasn't shipped.

3. No shipping date provided.

4. Refunds refused.

Customers requesting refunds are being placed in a "refund queue".

5. Black Arrow states that hash boards made for the X3 are now being repurposed for an X2 hash farm.

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June 14, 2014, 04:18:13 AM
 #47

In what way have you lost any BTC in this? And are you able to prove this?
notbatman (OP)
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June 14, 2014, 05:27:47 AM
 #48

In what way have you lost any BTC in this? And are you able to prove this?

I paid in USD via swift, the receipt is proof.

All customers including me have lost about BTC17 in revenue per X3 since Feb 24th due to the failure to deliver.
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June 14, 2014, 11:29:26 PM
 #49

Update: 14th of June 2014

1. Batch 1 hasn't shipped.

Reports of a few insiders receiving raspberry pi based X1 miners have surfaced.

2. Batch 2 hasn't shipped.

3. No shipping date provided.

4. Refunds refused.

Customers requesting refunds are being placed in a "refund queue".

5. Black Arrow lists the X1 and X3 as "In Stock" on their website.
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June 15, 2014, 02:38:04 AM
 #50

seriously if someone made a pic of a device with electronics inside, do people just throw, not give.. but throw money in said companies direction ?

it used to sadden me... now it frustrates me...

anyway if this company delivered now would people still make a profit ?? or is it another one of those companis selling expensive door stops ?

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June 15, 2014, 03:05:00 AM
 #51

seriously if someone made a pic of a device with electronics inside, do people just throw, not give.. but throw money in said companies direction ?
I saw them flogging BitFurries and believed they had the knowhow to produce an ASIC. They appeared to be a real company delivering real product. In many places it's unlawful to fish with live bait and barbed hooks.
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it used to sadden me... now it frustrates me...

anyway if this company delivered now would people still make a profit ?? or is it another one of those companis selling expensive door stops ?

The network difficulty is now 4x what it was on February 24th. This means that 8TH/s today is the equivalent of 2TH/s back then. When the today number gets big enough it's a door stop or a space heater if you're one of the lucky Siberian customers.
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June 15, 2014, 05:13:36 AM
 #52

and im guessing they didn't let people pay with credit card??
least those lucky people can charge back, all though I've never done a charge back but surely you can do it at any stage ?? (unlike paypal)

consumers should just refuse to pay unless they can use a credit card, but ofcourse for every 10 customers refusing there is 100000 customers happy to take theirr place in the queue.. and bit with bitcoins..

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June 15, 2014, 10:13:48 AM
 #53

Update: 15th of June 2014

1. Batch 1 hasn't shipped.

Reports of a few insiders receiving raspberry pi based X1 miners have surfaced.

2. Batch 2 hasn't shipped.

3. Shipping date of June 23rd announced.

4. Refunds refused.

Customers requesting refunds are being placed in a "refund queue".

5. Current network difficulty levels would require Black Arrow to provide 8TH/s per X3 to meet their original promise.
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June 16, 2014, 09:07:50 AM
 #54

Update: 16th of June 2014

1. Batch 1 hasn't shipped.

Reports of a few insiders receiving raspberry pi based X1 miners have surfaced.

2. Batch 2 hasn't shipped.

3. Stated shipping date: June 23rd.

4. Refunds refused.

Customers requesting refunds are being placed in a "refund queue".

5. Shipping dates have come and gone. Will this one be any different? If they do deliver will customers be provided with compensation for the increased network difficulty?
notbatman (OP)
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June 17, 2014, 02:23:51 PM
 #55

Update: 17th of June 2014

1. Batch 1 hasn't shipped.

Reports of a few insiders receiving raspberry pi based X1 miners have surfaced.

2. Batch 2 hasn't shipped.

3. Stated shipping date: June 23rd.

4. Refunds refused.

Customers requesting refunds are being placed in a "refund queue".

5. The distance in time between the customer and his money continues to grow.
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June 18, 2014, 01:07:52 AM
 #56

Update: 17th of June 2014

1. Batch 1 hasn't shipped.

Reports of a few insiders receiving raspberry pi based X1 miners have surfaced.

2. Batch 2 hasn't shipped.

3. Stated shipping date: June 23rd.

4. Refunds refused.

Customers requesting refunds are being placed in a "refund queue".

5. The distance in time between the customer and his money continues to grow.

I just made a topic on this....
https://bitcointalk.org/index.php?topic=656265.0

I think it's time to call in the police of some sort.... They are clearly thieves and they need to be stopped


They are hosted in Germany this means Interpol can be involved. Their corp is in HK so it means they are hiding behind nominees... but there is 1 thing i know about nominees... At the first sign of trouble... They resign and run away.

I found this on the Hong Kong police website

Internet Commercial Fraud

Swindlers hide behind the anonymity of the internet to deceive victims by appearing to be a legitimate company to promote their bogus products or services.  Victims end up paying for goods or services that are non-existent, sub-standard or vastly overpriced. 

Such swindles are usually perpetrated by email and often include extravagant claims such as exclusive and profitable investment opportunities, luxurious gifts in return for small purchases, and ‘special’ or ‘time-limited’ offers urging the victims to act fast.


Seems pretty clear to me what Category BlackArrow falls into.

I will file here -> http://www.police.gov.hk/ppp_en/02_er_room/cif.html
I should not be the only one to do this.... Everyone should work together to take these $%I#@ to the cleaners... They give a very bad name to the industry.
notbatman (OP)
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June 18, 2014, 01:00:11 PM
 #57

Update: 18th of June 2014

1. Batch 1 hasn't shipped.

Reports of a few insiders receiving raspberry pi based X1 miners have surfaced.

2. Batch 2 hasn't shipped.

3. Stated shipping date: June 23rd.

4. Refunds refused.

Customers requesting refunds are being placed in a "refund queue".

5. Prospero customer satisfaction rating: 0%.
notbatman (OP)
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June 19, 2014, 01:18:54 PM
 #58

Update: 19th of June 2014

1. Batch 1 hasn't shipped.

2. Batch 2 hasn't shipped.

3. Customers requesting refunds are being refused and placed in a "refund queue".

4. Most recent shipping date: June 23rd.

5. Odds of shipping en masse around June 23rd: 0
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June 21, 2014, 02:51:35 AM
 #59

Update: 19th of June 2014

1. Batch 1 hasn't shipped.

2. Batch 2 hasn't shipped.

3. Customers requesting refunds are being refused and placed in a "refund queue".

4. Most recent shipping date: June 23rd.

5. Odds of shipping en masse around June 23rd: 0

Didnt yall learn from Butterfly Labs?

Selling fully funded Titan BTC Physical Bitcoins, Gold and SIlver - BTC Physical Bitcoins BTC PM if interested.
notbatman (OP)
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June 21, 2014, 03:05:46 AM
 #60

Update: 19th of June 2014

1. Batch 1 hasn't shipped.

2. Batch 2 hasn't shipped.

3. Customers requesting refunds are being refused and placed in a "refund queue".

4. Most recent shipping date: June 23rd.

5. Odds of shipping en masse around June 23rd: 0

Didnt yall learn from Butterfly Labs?

My eyes glazed over after watching the KnC pre-order unfold last year.  Cry
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