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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3914024 times)
Chris_Sabian
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May 06, 2015, 04:30:56 PM
 #26601

He did not scam, he just ran or couldn't handle the pressure, after his whole business went to pieces.

First of all he skipped a batch of chips because they did not perform well.
Regarding the next generation of chips, they did not sell well.
In the mean time, tried to build and sell miners, did not go well.
Even the liquid cooling company he had a deal with got bought by a competitor.
Depressing bitcoin prices didn't help the profitability of his chips and miners.
Cloud mining looked very promising, until his whole farm got stolen.
And in the end he did not succeed to secure enough money for a new batch of his 'promising' next generation chips.
Too many setbacks in less than a year.

Hmm, how many reasons do you need....



Sad but very true.
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flyingplows
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May 06, 2015, 07:31:59 PM
Last edit: May 06, 2015, 07:48:34 PM by flyingplows
 #26602

He did not scam, he just ran

Roll Eyes

Of course the Chinese guy did not scam...
Sure, he just ran with the money and the miners to establish a farm elsewhere... Grin (not that I would believe it was not all planned and that EVERYONE in AM, not even talking about his relatives, laugh about this story that he is "missing"; missing where? on bitcointalk? lol  Wink )

irritant
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Sodium hypochlorite, acetone, ethanol


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May 06, 2015, 07:59:15 PM
 #26603

maybe Jacky can find him

primeminer
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May 11, 2015, 09:44:46 AM
 #26604

maybe Jacky can find him



and this looks like the last card in the book "Entering the Future of ASIC mining by Inventing It" By Fried CAT (2013-2015)
VeeMiner
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May 11, 2015, 11:32:24 AM
 #26605

maybe Jacky can find him



and this looks like the last card in the book "Entering the Future of ASIC mining by Inventing It" By Fried CAT (2013-2015)

RIP thread
flyingplows
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May 11, 2015, 06:11:27 PM
 #26606

We must admit they ''got'' a good price for the company that was fading away anyway and could not keep with competition. It's called going out with a bang... I hope it's not a standard of what kind of people are in those other mining companies.

primeminer
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May 11, 2015, 09:45:05 PM
 #26607

. I hope it's not a standard of what kind of people are in those other mining companies.

this sentence is a definition of wishful thinking
Fabrizio89
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May 12, 2015, 12:22:20 PM
 #26608

yeah good luck with that
ninjarobot
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May 19, 2015, 04:43:47 AM
 #26609

Is friedcat still "missing"?
cryptojumper
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May 19, 2015, 05:12:55 AM
 #26610

Is friedcat still "missing"?

He can not get "not missing" after what he has done. He will be forever missing and laugh at his victims having some beer with his pals on some beach Wink

SebastianJu
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May 19, 2015, 11:53:51 AM
 #26611

Is friedcat still "missing"?

He can not get "not missing" after what he has done. He will be forever missing and laugh at his victims having some beer with his pals on some beach Wink

Or rotting away on the bottom of some lake with some stones on its feets. And some random dragon head (bosses of triads, the chinese mafia) will laugh instead. I mean thats likely if you think about that bitcoins are interesting for the organized crime. If they came to that point and found out that there is a chinese company that is very rich and has no protection at all... then its not far fetched to take the possibility that he was taken by force. I mean nowadays a bank robbery will give you some measly K USD, though friedcat was a million USD target with no protection. If you think about it then its a wonder that something like that didnt happen before.  Roll Eyes

Though i really would like to know the truth. Organized crime could have gone in way before too.

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
Blazed
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May 19, 2015, 12:03:11 PM
 #26612

Is friedcat still "missing"?

He can not get "not missing" after what he has done. He will be forever missing and laugh at his victims having some beer with his pals on some beach Wink

Or rotting away on the bottom of some lake with some stones on its feets. And some random dragon head (bosses of triads, the chinese mafia) will laugh instead. I mean thats likely if you think about that bitcoins are interesting for the organized crime. If they came to that point and found out that there is a chinese company that is very rich and has no protection at all... then its not far fetched to take the possibility that he was taken by force. I mean nowadays a bank robbery will give you some measly K USD, though friedcat was a million USD target with no protection. If you think about it then its a wonder that something like that didnt happen before.  Roll Eyes

Though i really would like to know the truth. Organized crime could have gone in way before too.

Or abducted by aliens and is being probed right now  Roll Eyes I think it is pretty obvious he ran off after this last gen was a bust. I do not think that was his plan from the start, but after multiple failed gens of miners he bailed.
SebastianJu
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May 19, 2015, 12:07:39 PM
 #26613

Is friedcat still "missing"?

He can not get "not missing" after what he has done. He will be forever missing and laugh at his victims having some beer with his pals on some beach Wink

Or rotting away on the bottom of some lake with some stones on its feets. And some random dragon head (bosses of triads, the chinese mafia) will laugh instead. I mean thats likely if you think about that bitcoins are interesting for the organized crime. If they came to that point and found out that there is a chinese company that is very rich and has no protection at all... then its not far fetched to take the possibility that he was taken by force. I mean nowadays a bank robbery will give you some measly K USD, though friedcat was a million USD target with no protection. If you think about it then its a wonder that something like that didnt happen before.  Roll Eyes

Though i really would like to know the truth. Organized crime could have gone in way before too.

Or abducted by aliens and is being probed right now  Roll Eyes I think it is pretty obvious he ran off after this last gen was a bust. I do not think that was his plan from the start, but after multiple failed gens of miners he bailed.


You never know how someone ticks in reality, thats right. But leaving behind his wife? And being honest all the time before? I mean he had way better chances before.

But you never know.  Roll Eyes

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Blazed
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May 19, 2015, 03:19:44 PM
 #26614

Maybe he ran off with a mistress?  I doubt we will ever find out the truth...
hdbuck
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May 19, 2015, 03:21:48 PM
 #26615

Maybe he ran off with a mistress?  I doubt we will ever find out the truth...


truth is... FC is loaded.. and you're not.
Blazed
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May 19, 2015, 04:17:41 PM
 #26616

Maybe he ran off with a mistress?  I doubt we will ever find out the truth...


truth is... FC is loaded.. and you're not.

I am not?
hdbuck
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May 19, 2015, 04:53:47 PM
 #26617

Maybe he ran off with a mistress?  I doubt we will ever find out the truth...


truth is... FC is loaded.. and you're not.

I am not?

Well not as loaded as FC
flyingplows
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May 19, 2015, 05:43:03 PM
 #26618

I was a bit late to crypto to have any respect for FC or AM, but since people say they were "legit" someday... their demise to the darkside is of course a drama on its own...
You know, when serious things come into play, someone has to be a betrayer.. someone just has to take this role.. And like Judas, as the most prominent disciple, took it, so FC took that role as AM leader. The time was right, there is less law enforcement and less scrutiny in China, it seems, and the opportunity to scam was correct for AM and Rockminer also.
Like they say - don't have the player, hate the game... Wink

SebastianJu
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May 20, 2015, 12:01:15 PM
 #26619

I was a bit late to crypto to have any respect for FC or AM, but since people say they were "legit" someday... their demise to the darkside is of course a drama on its own...
You know, when serious things come into play, someone has to be a betrayer.. someone just has to take this role.. And like Judas, as the most prominent disciple, took it, so FC took that role as AM leader. The time was right, there is less law enforcement and less scrutiny in China, it seems, and the opportunity to scam was correct for AM and Rockminer also.
Like they say - don't have the player, hate the game... Wink

In fact i have the impression china is going after bitcoins scammers way better than in other countries. There are many, and fast, news about scammers being catched. So friedcat would have to have a good plan to vanish.

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
VeeMiner
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May 20, 2015, 01:30:31 PM
 #26620

i love how this threads derails from speculations to baseless speculations to baseless speculations about baseless speculations Smiley
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