Topic: Already delays in BFL shipment plans? - page 23. (Read 49567 times)

Sir, I did not "duck the question" anymore than you ducked mine. I can answer your question perfectly well. I just ask that you answer mine as well.

As for you making it sound like it is my job to inform others, you are sadly mistaken. It is not my job to inform the community.

Do you want me to answer your question first and then you can answer mine, or do you not intend to answer my questions despite my efforts to answer yours?

Like I said, it is a "give and take" community.

And please stop with the name calling. It's not going to convince either of us.

god this thread makes me....

To be fair, I actually used ROI incorrectly in that same post as well.    I should have said "... a 100% ROI of less than 2 years insane?"  I suppose it is an easy acronym to misuse.

Thank you for using 'ROI' in its correct meaning.  It's probably not the first time I've read it here but it's the first time I've noticed. It's been bugging me more than it should that the majority here talk of ROI as break even point, i.e. the point at which your returns on your investment has paid for the investment.

What's more, lo and behold a couple of posts later we have another example of 'ROI' being used correctly:
As I understand it the ROI is the percentage return, not the date - which is 100% ROI or break even point.

Makes no difference whether he shuts up or not. His indifferent sh*t helps no one. Example: " ... I can't really comment on our internal development process. While it's not a unique methodology, I do not want to give competitors ideas on how we achieve what we achieve going forward.  ... yadda yadda yadda".

Thanks, for showing that your sole purpose here is to troll and bash BFL, this time with roi arguments on devices that have about the same/better specs as the ones you happily order somewhere else. Maybe that's why you so conveniently duck the question why you did not cancel your own orders for these non-roi giving devices?

Now hold on Frizzzzzzzzzzzz............you said "you want answers",if Josh shuts up,how the hell are you gonna get answers 

Right...we failed...

Yet you along with BFL failed to meet not 1 or 2 of your deadlines but it looks like 3.

First it was "October"

Then it was "End of October, Early November"

Then it was "End of November"

Now it is...what?

You still haven't delivered and it is 1 week away from the end of November.

So by my calculations (and math), you failed at least 3 times as hard as us all (if we even did fail).

Fail harder Inaba.

"ROFLCOPTER"

 

Since when is a ROI of less than 2 years insane?  Most investors can only DREAM of such numbers!

For me, as long as a miner achieves a ROI better than the stock market (an average of 10% a year), I'm happy.  Of course, depreciation and the like must be calculated in as well, but certainly, paying off a device in only 2 years is not a bad deal IMO.  If you are finding better investments than that, please do share!

Also Frizz, the BFL Single was originally 40GH/s, bumped up to 60GH/s, which is a 50% speed increase.  Learn to research, please.

Awesome, you have run out of bullshit to spew, so you try (and utterly fail) to split hairs over a free speed bump!  Quality entertainment right there.  (40 GH/s -> 60 GH/s = 50% you idiot.  I sometimes wonder how you maintain breathing... anyone as stupid as you should not even be able to maintain reparation, much less be able to type.  You are truly a wonder of modern medicine.)


I'm using your words.  They are not my words... I was just pointing out the fallacy in your questionable logic.  Don't try to put words in my mouth, I would not claim any of the utter nonsense you type as my own, ever.

What's even funnier is the fact that a Jalapeno would be earning the same amount of money in that scenario as the more expensive 54 GH/s bASIC unit that you paid 8x as much for.  Good luck with that.

You - or your lack of basic math skills - made me lollers too. I was just reading your post on https://forums.butterflylabs.com/pre-sales-questions/404-pro-rated-refunds-60-day-release-window-2.html#post5811

"Well, yeah, we've already given a 50% speed bump for free (which in itself has caused some minor delays)."

Going from 30 GH/s to 60 GH/s is a 100% speed bump methinks. But what do I know? I don't work for a high tech company doing high tech ASICS like BFL

There you go folks, straight from the mouth of the people who sold you a lemon...I mean a Jalapeno.

About 2 years to get back a mere $150~ (plus or minus shipping costs) is not "insane". You heard it here first.

P.S. Yes, it is true of other vendors if they did the same. So far none have a lower end product like BFL. (BTCFPGA does have a 27Gh/s system but those orders were upgraded to 54Gh/s systems. They also cost less than a BFL Single.

But I might as well not pinch pennies in my arguments/debates.

This made me lollers ...  Only in Bitcoin do people think 700 days for 100% ROI is insane.  Welcome to the real world.

Regardless, for the rest of your post, everything you said, were it to be true, applies at least doubly to every other vendor, so you'd be absolutely insane to buy anything but BFL then (assuming you bought at all), if what you say is true.

My good sir, you forget the obvious. That no one bought their lower end rig to earn a mere 20 cents a day. (Unless they are totally  hardcore in support of the BitCoin network)

The lower end your hardware is, the sooner it will become marginal profit. There is no debate on this IF the following conditions are true:

A) The ASICs collectively ship after Block Halving from all vendors.
B) The volume of High Gh/s products reaches the BitCoin network in progressively larger number and raise the difficulty sharply over the next year.
C) The ROI period of time is significantly stretched out by B and A.

People, we are only talking about ROI. This means you make back the money you actually spent @ your vendor....we aren't even talking about positive profit. By the math above 700 days to recoup that money is insane. 20 cents a day is insane.

There is a good reason why I mentioned a specific vendor basically admitting they were selling lemons to their customers. If they were touting energy efficiency and marginal returns as a selling point then that means they were fully aware of what their customers would eventually realize on the lower end of their product offering.
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At the start, while difficulty is low, people will likely be quite happy with their low end purchases, but as difficulty guts their returns, they will definitively be crying to high heaven that it may take up to 2 years to make back the cost of a Jally as the margins rapidly shrink. (assuming electricity costs remain the same, which it may not considering world issues.)

That people don't realize this either means they haven't thought that far ahead (I have at least!) or they are "friggin moronic" to use your words.

You think you know what a troll is? Wait until the majority realize the lemons they have bought. You get what you pay for.

This isn't coming from a crystal ball. It's common sense if you evaluate a number of different factors. Are you even looking at the returns on some of these products? If you are perfectly satisfied with marginal returns then there is nothing wrong with this at all. You just have several hundred days until you ROI is complete.

The money (or BTC) will come "fast" at first with a low end device, then gradually slow down to a mere trickle. This is likely before you recoup 100% of your investment. So its like throwing money into a furnace with a low end device.

The good news is, if people give up in that span of time and shut off their rigs, or if you resell your rig in a second market to recoup your costs in a reasonable time frame. (reasonable for me is far less than a year)

Since when did I become a public service?

Pay me a salary, then I will do the PR job on your behalf!

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As for your other question, when I ask you a question and you kindly answer it, then yours will definitely receives an answer in kind. It is a "give and take" type of forum.

I cannot get over the fact they allow inaba out of his cage and to post things about bfl. Amazing.
Nov is essentially over due to the holiday and dec will go quicly. With no product out how an employee can talk smack is beyond me.

I would be more than pleased to stop bitching.

So please: Shut up - until you can deliver.

I'm not on the list because I promised to play nice.

Later, Josh.

~Bruno K~

Because you wouldn't have anything to bitch about then.  It's all about you, Frizz.

Why don't you just shut up and deliver?

That's all we want from you/BFL.