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Topic: Address with Avalon bulk chip payments now tops $8 million... - page 4. (Read 18116 times)

legendary
Activity: 1148
Merit: 1018
I have a contact in China which I use for sourcing inventory. Last week I asked her to look into getting ahold of the Avalon chips for less than the 0.085~ BTC rate the chips are typically going for in this forum's group buy threads. She contacted the TSMC foundry, which said that they aren't producing the chips anymore. At the time I brushed it off as maybe she had bad information or any other numbers of things could have happened, but with this new information this does not bode well.

Is it not possible that TSMC would just deny producing Avalon chips due to security/insurance concerns?
Admitting it is pretty much saying "come on in guys, we produce money generating ICs!"


The key word here is "anymore". Also I doubt that the world's largest semiconductor foundry is worried about security.

Man, think about what you write. TSMC is a motherfuckin' business of $14 billion turnover per year. You just do not call them and ask to the operator, "hey, are you still doing those Avalon chips, yeah, those for that Yifu student in his 20s and his friend"?

Come on, how can you even dare to post something like this in a forum without feeling ridiculous?

Wake up, man: TSMC has more than 30,000 employees. Your "friend" is full of shit, and your crazy/dumb/whatever for even listening at her without laughing out loud.

sr. member
Activity: 292
Merit: 250
Bitsyncom thanks you read this thread but please please cant you hire at least one support person? There are so many questions that arent "when does my avalon batch 1 ship", even you payment provider claims he cant get in contact with you, there are order problems and no response. In fact your posts are the only things i heard from avalon since a long time. It really puts a burden of many customers that avalon isnt communicating while the solution is so easy.

Please consider!

Sebastian, you're just a customer, nothing more. Go outside and hug your mother, if you're into that thing. The tens of thousands of dollars you have on the line doesn't give you any right to anything, including but not limited to a response to your inquiries.

Can we all please feel bad for Yifu for a moment? He got woken up in the middle of the night, because people who have given him nearly 10 million dollars without a word of response are getting uneasy. I really feel sorry for Yifu, it must be tough.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
Bitsyncom thanks you read this thread but please please cant you hire at least one support person? There are so many questions that arent "when does my avalon batch 1 ship", even you payment provider claims he cant get in contact with you, there are order problems and no response. In fact your posts are the only things i heard from avalon since a long time. It really puts a burden of many customers that avalon isnt communicating while the solution is so easy.

Please consider!
hero member
Activity: 742
Merit: 500
somebody called and woke me up in the middle of the night for this, so I'll keep it short.


4. this forum is a giant waste of time, get back to coding, go outside, hug your mother, do something,

lastly, food for though:

who says we control that address in the first place?  Wink

Somebody woke his ass up in the middle of the night for this?

I hope you guys are proud of that. The guy has a life !

#4 is spot on. Stop watching the calendar, get away from the computer, and do something else for a few days. Go camping, unplug, go have a drink, whatever.

The chips will get here when they get here.  You can't affect it by posting on the forums. Just because you paid XX BTC does not mean you set the timetable.

And yes, I have quite a few BTC and $$ invested (probably more than you might think), so it's not like I don't have skin in the game.

Relax.



I agree with you guys, but I can't pull myself away.  I want to go do other things, and then something happens and I miss it and then I can't stop refreshing my watchlist!

Damn you people and your awesomeness.
sr. member
Activity: 457
Merit: 250
I appreciate the response, even if it means that all of those who are "in" with Avalon chips aren't going to bail. I see the "sky is falling" posts all the time on here and while some are genuinely informative and may save someone from a bad business decision; most are based on getting others to get out of the game so that they can make more BTC.
That is why it is best to live by your own convictions and investment ideas. There's a lot of good info here, but you have to sift through a lot to get the kernels.

In the end, talk is cheap; results matter.
donator
Activity: 1419
Merit: 1015
somebody called and woke me up in the middle of the night for this, so I'll keep it short.

1a. see the conference video, I thought that's an update; for the lazy http://www.youtube.com/watch?v=LY1xgGiejIc
1b. also got cornered after the panel and somebody took this : http://www.youtube.com/watch?v=UtVx26LlNXA
2. an update incoming in < 1 week, pretty exciting.
3. we fully understand there is problems with orders ( no way?! )
- we can not address these issues IF WE DO NOT SOLVE OUR PRODUCTION ISSUE then we can not DELIVER at all.
- so until that happens, get all your information ready and bump the ticket if it makes you feel better, or just wish to complain and blow off some steam. ( please do not create new ones though, usually looking at the support system ticket insolvency merging at least 5-6 other ones first... ).
4. this forum is a giant waste of time, get back to coding, go outside, hug your mother, do something,

I don't check the forum that often, but a weekly newsletter with updates on where you guys are at would mean I'd have to check it even less. Just saying, a little communication goes a LONG way. You do realize those of us that sent in our Icarus devices have lost ~$120 per Icarus in mining revenues over the last month, right?

Quote
lastly, food for though:

who says we control that address in the first place?  Wink

I'm not sure very many people here think you do, actually. It's probably the person doing the money conversion into Renminbi for you. I think most people probably realize/recognize that.
newbie
Activity: 25
Merit: 0
somebody called and woke me up in the middle of the night for this, so I'll keep it short.

1a. see the conference video, I thought that's an update; for the lazy http://www.youtube.com/watch?v=LY1xgGiejIc
1b. also got cornered after the panel and somebody took this : http://www.youtube.com/watch?v=UtVx26LlNXA
2. an update incoming in < 1 week, pretty exciting.
3. we fully understand there is problems with orders ( no way?! )
- we can not address these issues IF WE DO NOT SOLVE OUR PRODUCTION ISSUE then we can not DELIVER at all.
- so until that happens, get all your information ready and bump the ticket if it makes you feel better, or just wish to complain and blow off some steam. ( please do not create new ones though, usually looking at the support system ticket insolvency merging at least 5-6 other ones first... ).
4. this forum is a giant waste of time, get back to coding, go outside, hug your mother, do something,

lastly, food for though:

who says we control that address in the first place?  Wink

Thank you for this response, BitSyncom. No doubt, hearing from you has made a lot of people feel a bit better. We know (and generally assume) that you're extremely busy, but just this quick post means something.

Looking forward to the forthcoming update. Again, thanks.
full member
Activity: 224
Merit: 100
Thanks for the reply, Yifu. It is definitely reassuring. Perhaps you could explain why Feb 2nd orders are being stonewalled and you are shipping Feb 18th orders beforehand? We paid 75 btc and they paid 55 btc, and we put a lot of faith in you, and the Feb 2nd orders still do not appear in the shop. Also, what about the Batch 1 sap who still hasn't gotten his ASIC?

Based on the USD/BTC price at these dates you paid roughly the same amount for either batch. I can of course understand the frustration anyway.
full member
Activity: 224
Merit: 100
Huh why relax? Look at the BTC chart today. That's what happens when someone wants to cash out a modest amount of BTC at once.

If you had taken the time to read up n Avalon you would know that they don't sell their BTC over the open market. Also: price goes up and down daily, not a reaction to anything related to Avalon. Chill.
sr. member
Activity: 434
Merit: 250
Huh why relax? Look at the BTC chart today. That's what happens when someone wants to cash out a modest amount of BTC at once.
hero member
Activity: 529
Merit: 501
somebody called and woke me up in the middle of the night for this, so I'll keep it short.


4. this forum is a giant waste of time, get back to coding, go outside, hug your mother, do something,

lastly, food for though:

who says we control that address in the first place?  Wink

Somebody woke his ass up in the middle of the night for this?

I hope you guys are proud of that. The guy has a life !

#4 is spot on. Stop watching the calendar, get away from the computer, and do something else for a few days. Go camping, unplug, go have a drink, whatever.

The chips will get here when they get here.  You can't affect it by posting on the forums. Just because you paid XX BTC does not mean you set the timetable.

And yes, I have quite a few BTC and $$ invested (probably more than you might think), so it's not like I don't have skin in the game.

Relax.

sr. member
Activity: 292
Merit: 250
Thanks for the reply, Yifu. It is definitely reassuring. Perhaps you could explain why Feb 2nd orders are being stonewalled and you are shipping Feb 18th orders beforehand? We paid 75 btc and they paid 55 btc, and we put a lot of faith in you, and the Feb 2nd orders still do not appear in the shop. Also, what about the Batch 1 sap who still hasn't gotten his ASIC?
full member
Activity: 183
Merit: 100
200 OK
Yeah, okay. That wasn't the goal of your posts. The goal of your post was to make people nervous, when most people that have been waiting for months already are. Otherwise, you wouldn't have said "but with this new information this does not bode well," you would have just stated what your misinformed source told you and left it at that.

balls, you got me. we've got a real sherlock over here folks

 Kiss
newbie
Activity: 16
Merit: 0
Yeah, okay. That wasn't the goal of your posts. The goal of your post was to make people nervous, when most people that have been waiting for months already are. Otherwise, you wouldn't have said "but with this new information this does not bode well," you would have just stated what your misinformed source told you and left it at that.

balls, you got me. we've got a real sherlock over here folks
full member
Activity: 183
Merit: 100
200 OK
I have a contact in China which I use for sourcing inventory. Last week I asked her to look into getting ahold of the Avalon chips for less than the 0.085~ BTC rate the chips are typically going for in this forum's group buy threads. She contacted the TSMC foundry, which said that they aren't producing the chips anymore. At the time I brushed it off as maybe she had bad information or any other numbers of things could have happened, but with this new information this does not bode well.

LOLOLOLOL, right.

she and by extension, you; are full of shit, or have some serious brass in your pockets, getting information on which company is producing chips at the foundry, let's forget the NDAs. Oh let me guess you also know that foundry uses project numbers, nobody even know what's an Avalon Chip over there.

LOLOLOLOLOLOLOL.

also, parts came in, expect update this weekend.

This is all I had to go on:

I have money invested in Avalon chips, and the goal of my posts was to get a somewhat authoritative response debunking my info. I couldn't have asked for more than hearing from Yifu himself, so thanks for that.

Yeah, okay. That wasn't the goal of your posts. The goal of your post was to make people nervous, when most people that have been waiting for months already are. Otherwise, you wouldn't have said "but with this new information this does not bode well," you would have just stated what your misinformed source told you and left it at that.
full member
Activity: 224
Merit: 100
I have a contact in China which I use for sourcing inventory. Last week I asked her to look into getting ahold of the Avalon chips for less than the 0.085~ BTC rate the chips are typically going for in this forum's group buy threads. She contacted the TSMC foundry, which said that they aren't producing the chips anymore. At the time I brushed it off as maybe she had bad information or any other numbers of things could have happened, but with this new information this does not bode well.

LOLOLOLOL, right.

she and by extension, you; are full of shit, or have some serious brass in your pockets, getting information on which company is producing chips at the foundry, let's forget the NDAs. Oh let me guess you also know that foundry uses project numbers, nobody even know what's an Avalon Chip over there.

LOLOLOLOLOLOLOL.

also, parts came in, expect update this weekend.

This is all I had to go on:



I have money invested in Avalon chips, and the goal of my posts was to get a somewhat authoritative response debunking my info. I couldn't have asked for more than hearing from Yifu himself, so thanks for that.

It should prob be said here that even IF this would be true, they could very well have already produced enough to cover all current orders and more, and since moved on to producing a new chip design. Aka. This is not even at worst proof that the chips aren't being shipped.
newbie
Activity: 16
Merit: 0
I have a contact in China which I use for sourcing inventory. Last week I asked her to look into getting ahold of the Avalon chips for less than the 0.085~ BTC rate the chips are typically going for in this forum's group buy threads. She contacted the TSMC foundry, which said that they aren't producing the chips anymore. At the time I brushed it off as maybe she had bad information or any other numbers of things could have happened, but with this new information this does not bode well.

LOLOLOLOL, right.

she and by extension, you; are full of shit, or have some serious brass in your pockets, getting information on which company is producing chips at the foundry, let's forget the NDAs. Oh let me guess you also know that foundry uses project numbers, nobody even know what's an Avalon Chip over there.

LOLOLOLOLOLOLOL.

also, parts came in, expect update this weekend.

This is all I had to go on:

http://i.imgur.com/gpcFge8.png

I have money invested in Avalon chips, and the goal of my posts was to get a somewhat authoritative response debunking my info. I couldn't have asked for more than hearing from Yifu himself, so thanks for that.
full member
Activity: 183
Merit: 100
200 OK
I have a contact in China which I use for sourcing inventory. Last week I asked her to look into getting ahold of the Avalon chips for less than the 0.085~ BTC rate the chips are typically going for in this forum's group buy threads. She contacted the TSMC foundry, which said that they aren't producing the chips anymore. At the time I brushed it off as maybe she had bad information or any other numbers of things could have happened, but with this new information this does not bode well.

Is it not possible that TSMC would just deny producing Avalon chips due to security/insurance concerns?
Admitting it is pretty much saying "come on in guys, we produce money generating ICs!"


The key word here is "anymore". Also I doubt that the world's largest semiconductor foundry is worried about security.

^^^

I think you need to find a better source.
sr. member
Activity: 336
Merit: 251
Avalon ASIC Team
I have a contact in China which I use for sourcing inventory. Last week I asked her to look into getting ahold of the Avalon chips for less than the 0.085~ BTC rate the chips are typically going for in this forum's group buy threads. She contacted the TSMC foundry, which said that they aren't producing the chips anymore. At the time I brushed it off as maybe she had bad information or any other numbers of things could have happened, but with this new information this does not bode well.

LOLOLOLOL, right.

she and by extension, you; are full of shit, or have some serious brass in your pockets, getting information on which company is producing chips at the foundry, let's forget the NDAs. Oh let me guess you also know that foundry uses project numbers, nobody even know what's an Avalon Chip over there.

LOLOLOLOLOLOLOL.

also, parts came in, expect update this weekend.
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
Yifu speaks!  Excellent.  Great to hear at least a bit of an update.
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