Author

Topic: [2014-04-08] Butterfly Labs Faces Class Action Lawsuit (Read 1505 times)

legendary
Activity: 3808
Merit: 1219
BFL has been hanging by a thread for a while now... they need to either put up or shut up and gtfo if they aren't gonna deliver their "products" on time. It's ridiculous  Cool

Well.... that is not stopping them from trying to destroy this forum:

https://forums.butterflylabs.com/announcements/8203-win-butterfly-labs-imperial-monarch.html

Have you ever heard the saying: never bite the hand that feeds you
full member
Activity: 280
Merit: 100
BFL has been hanging by a thread for a while now... they need to either put up or shut up and gtfo if they aren't gonna deliver their "products" on time. It's ridiculous  Cool
hero member
Activity: 686
Merit: 500
" Interestingly enough, Butterfly Labs told customers that it did not mine for Bitcoin itself"
 I wonder - when what was the goal??  Huh

You can make a TON more money selling mining devices. You sell a mining device for about 3 months worth of mining. Suppose you sell one each day. (BFL sells TONS more than that.)
If so, why would you mine? What's the point? Why waste the electricity?
member
Activity: 69
Merit: 10
" Interestingly enough, Butterfly Labs told customers that it did not mine for Bitcoin itself"
 I wonder - when what was the goal??  Huh
legendary
Activity: 2128
Merit: 1031
I'm surprised they did file for bankruptcy

BFL declared bankruptcy? No way. Do you have any proof for this?

I think he meant to type "surprised they didn't file for bankruptcy"

Wasn't there an article about how BFL are accidentally hundreds of millionaires because they didn't actually cash out their bitcoins?  I thought I read that last Aprilish when bitcoins were $100 each.

Not sure if they are accidental billionaires yet, but I doubt they need to file for bankruptcy, unless their CFO is a dumb ass and decided to day trade all their revenues/profits away.
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
I was checking through threads and saw this gem so now I am also amused ^_^
Passing through the forums now
https://bitcointalksearch.org/topic/m.6137302
https://bitcointalksearch.org/user/bicknellski-76550
legendary
Activity: 3808
Merit: 1219
I'm surprised they did file for bankruptcy

BFL declared bankruptcy? No way. Do you have any proof for this?
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
I'm surprised they did file for bankruptcy, maybe this will push them over the edge?
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
People getting there money or devices should be the priority

This lawsuit was launched because the people were neither getting their devices (mining rigs) nor the money (refunds).
member
Activity: 84
Merit: 10
People getting there money or devices should be the priority, lawsuits and bitcoins aren't much of a positive thing but lets see.
legendary
Activity: 2128
Merit: 1031
I hope the actual lawsuit is written better than this article... perhaps with some proof!

Otherwise, it just sounds like someone who doesn't know how to ask for a refund... or how to mine for bitcoins...
legendary
Activity: 3808
Merit: 1219
Finally someone is suing the BFL. They have already conned millions of $$$ from their clients. It is now time to face the music.
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