advertising budget of BFL | Bitcointalksearch.org

CharlesPonzi

member

Activity: 98

Merit: 10

Quote from: Frankie Delaney on March 26, 2013, 12:19:50 AM

Quote from: eklass on March 26, 2013, 12:16:00 AM

Quote from: Frankie Delaney on March 26, 2013, 12:05:14 AM

Is there seriously anybody who uses bitcointalk who doesn't know what BFL is, and what they are about by now? Why the hell are they spending $1800(so far) to buy up all the ads here.

$1,800 isn't really all that much money when you consider 2 Mini Rigs probably pay for it.

No, but on the other hand they are spending pre-order money like it's order money. They're flying people in from all over the place to sit around and watch them suck at doing everything. They claim to have 22 employees who have been sitting around doing what for the past 9 months? There seems to be cash flying out the door when they haven't actually delivered a product yet.

Yes 2 mini rigs probably pay for it, but the mini rig doesn't fucking exist yet.

JUst before pirate ponzi collapsed some prominent community members had dinner with him in vegas which probably drew in more suckers.

SgtSpike

legendary

Activity: 1400

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Quote from: Frankie Delaney on March 27, 2013, 11:40:00 PM

https://bitcointalksearch.org/topic/advertise-on-this-forum-round-76-159328

Josh ignoring paid customers to spend more money luring people into the trap.

Go to their forum if you want a response. They are not ignoring customers.

Frankie Delaney

newbie

Activity: 56

Merit: 0

https://bitcointalksearch.org/topic/advertise-on-this-forum-round-76-159328

Josh ignoring paid customers to spend more money luring people into the trap.

creativex

sr. member

Activity: 434

Merit: 250

Quote from: eklass on March 27, 2013, 07:30:23 PM

Quote from: creativex on March 26, 2013, 10:07:49 AM

Quote from: Rampion on March 26, 2013, 09:44:44 AM

The truth is that they are spending money to get more newbies sucked in their preorder scheme. With already at least 20k preorders in the backlog and without even a working prototype. It's a shame.

It's more than just a shame, it's a crime.

http://business.ftc.gov/documents/alt051-selling-internet-prompt-delivery-rules

But you're not paying that much attention to the drama, right?

That's correct Mr. sockpuppet. If I were unfortunate enough to have placed an order with the BFL crooks, I'd really be upset with them.

eklass

newbie

Activity: 32

Merit: 0

Quote from: creativex on March 26, 2013, 10:07:49 AM

Quote from: Rampion on March 26, 2013, 09:44:44 AM

The truth is that they are spending money to get more newbies sucked in their preorder scheme. With already at least 20k preorders in the backlog and without even a working prototype. It's a shame.

It's more than just a shame, it's a crime.

http://business.ftc.gov/documents/alt051-selling-internet-prompt-delivery-rules

But you're not paying that much attention to the drama, right?

creativex

sr. member

Activity: 434

Merit: 250

Quote from: Rampion on March 26, 2013, 09:44:44 AM

The truth is that they are spending money to get more newbies sucked in their preorder scheme. With already at least 20k preorders in the backlog and without even a working prototype. It's a shame.

It's more than just a shame, it's a crime.

http://business.ftc.gov/documents/alt051-selling-internet-prompt-delivery-rules

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: Rampion on March 26, 2013, 09:44:44 AM

The truth is that they are spending money to get more newbies sucked in their preorder scheme. With already at least 20k preorders in the backlog and without even a working prototype. It's a shame.

THIS ^.

BFL is going to fold up in the next month or two if they can't ship a working product.

Rampion

legendary

Activity: 1148

Merit: 1018

The truth is that they are spending money to get more newbies sucked in their preorder scheme. With already at least 20k preorders in the backlog and without even a working prototype. It's a shame.

||bit

hero member

Activity: 924

Merit: 506

Quote from: el_rlee on March 26, 2013, 08:10:32 AM

Is there somebody with an Ad Sense account who can tell us what the cost for this is approx per month?

I doubt it will cost much for them. Google targets the advertising. Doing so, those that are re-visiting bitcoin sites will be profiled. Assume that is 10,000 bitcoin miners and users of bitcoin. Targeted advertisement is hi quality, and can be charged more, but let's keep it simple and assume a cheap 1 cent / banner impression (i.e. without a click on the ad).

10,000 x $0.01 = $100

Disregard forum ads. Let's say that many ads are dispensed every two days. So, $50/day for the adsense ads per day to be displayed. More if there is significant clicking. Assume 4% click on an ad (which is pretty high percentage), and 25 cent rate for the click. You get:

400/2 click thrus x $0.25 = $50 more per day.

So, my left field guess: ($100 to $200 per day) or a median guess of $150 per day for the ad sense ads alone. I don't know what the forum(s) charge for ad space.

el_rlee

legendary

Activity: 1600

Merit: 1014

Is there somebody with an Ad Sense account who can tell us what the cost for this is approx per month?

GodfatherBond

sr. member

Activity: 264

Merit: 250

Quote from: JordanL on March 25, 2013, 07:42:25 AM

We see their ads all over the place because they use google and other ad networks to target those of us who have visited this site and butterflylabs.com. As long as they are charging for a product that they aren't shipping, it shouldn't be a surprise that they have a massive advertising budget.

Yes, Google / Adsense shows you BFL ads on all sites because you have visited BFL site... based on cookies. Clear your cookie cache and you will see BFL ads only here and some very specific sites.

Frankie Delaney

newbie

Activity: 56

Merit: 0

Quote from: eklass on March 26, 2013, 12:16:00 AM

Quote from: Frankie Delaney on March 26, 2013, 12:05:14 AM

Is there seriously anybody who uses bitcointalk who doesn't know what BFL is, and what they are about by now? Why the hell are they spending $1800(so far) to buy up all the ads here.

$1,800 isn't really all that much money when you consider 2 Mini Rigs probably pay for it.

No, but on the other hand they are spending pre-order money like it's order money. They're flying people in from all over the place to sit around and watch them suck at doing everything. They claim to have 22 employees who have been sitting around doing what for the past 9 months? There seems to be cash flying out the door when they haven't actually delivered a product yet.

Yes 2 mini rigs probably pay for it, but the mini rig doesn't fucking exist yet.

eklass

newbie

Activity: 32

Merit: 0

Quote from: Frankie Delaney on March 26, 2013, 12:05:14 AM

Is there seriously anybody who uses bitcointalk who doesn't know what BFL is, and what they are about by now? Why the hell are they spending $1800(so far) to buy up all the ads here.

$1,800 isn't really all that much money when you consider 2 Mini Rigs probably pay for it.

Frankie Delaney

newbie

Activity: 56

Merit: 0

Is there seriously anybody who uses bitcointalk who doesn't know what BFL is, and what they are about by now? Why the hell are they spending $1800(so far) to buy up all the ads here.

mik3

full member

Activity: 245

Merit: 104

The reason you guys see their ads "all over the internet" is because of retargeting. If you clear your cookies and other temp files, you will stop seeing them (unless google uses IP tracking which is likely).

After deleting cookies you should stop seeing them everywhere, and only see them on a couple of sites where they do advertise. As soon as you visit their site again, you get their retargeting cookie and will then start seeing their ads everywhere again.

And1

member

Activity: 62

Merit: 10

I'm mistaken, there's no new product but "old" jalapeno. It wasn't on BFL site yesterday when i discovered it Embarrassed

Noobs mistake.

SgtSpike

legendary

Activity: 1400

Merit: 1005

Quote from: And1 on March 25, 2013, 02:17:15 PM

OK. That make things look much better.

But im still in doubt - why they add today new design if they didn't finish previous ones? They have free time engeneers to make some work? Certainly no. Or maybe they want to catch those who are to careful to spend 1300 dollars, but will think - damn it, 150 dollars is not much i can risk that.

There are plenty of people who have similar doubts, and are waiting until BFL starts shipping the ASICs before they commit any money to it. It is a reasonable move.

And1

member

Activity: 62

Merit: 10

OK. That make things look much better.

But im still in doubt - why they add today new design if they didn't finish previous ones? They have free time engeneers to make some work? Certainly no. Or maybe they want to catch those who are to careful to spend 1300 dollars, but will think - damn it, 150 dollars is not much i can risk that.

SgtSpike

legendary

Activity: 1400

Merit: 1005

Quote from: And1 on March 25, 2013, 02:04:03 PM

I'm BTC noob, just learnt about ASIC hehe
But maybe it good as i have fresh look at this theme...

BFL looks like a total scam to me.
The look of this device (beautiful cube)!
Also it's price, power consumption,
Life time warranty (such eden promises are typical for scams).
Company website, with no info about the company on it.
Now i hear they keep collecting preorders and advertising boldly while not shipping a single device - its typical for scams too.

Did they ever sold anything working before?

The look is very similar to the FPGA miner they sold. Price is reasonable, power consumption is on par with process size (65nm). Life time warranty only means product lifetime (+ 1 year). The company's location is well known (though I couldn't tell you where). A couple of forum members have visited the company - Kano and Luke Jr, I believe.

And1

member

Activity: 62

Merit: 10

I'm BTC noob, just learnt about ASIC hehe
But maybe it good as i have fresh look at this theme...

BFL looks like a total scam to me.
The look of this device (beautiful cube)!
Also it's price, power consumption,
Life time warranty (such eden promises are typical for scams).
Company website, with no info about the company on it.
Now i hear they keep collecting preorders and advertising boldly while not shipping a single device - its typical for scams too.

Did they ever sold anything working before?

Topic: advertising budget of BFL (Read 2794 times)