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Topic: Already delays in BFL shipment plans? - page 31. (Read 49567 times)

legendary
Activity: 1890
Merit: 1003
November 17, 2012, 01:29:54 PM

If another than the one I have my money tight to, starts delivering new orders faster than the one my money is tight to, I'll cancel that order, and go for that other one. What a simple plan B, is it not?
Depends.

I keep thinking that if bASIC delivers in late November or Early December and BFL does not until late December....does it make sense to go to the end of the line @ bASIC?

Sure different people will come up with different ideas as to what is the right answer. I don't see it quite in black and white after thinking on it for a while. The large assumption is that bASIC could get a second batch out fast to make later orders worth while.

That is an unknown at this point. So I can't figure out any easy answers as to what one should do if they are tied to the slowest/slower company.

It is a bit of a pickle when you really think about it.

---------------------------------

Part of me smirks a bit at the idea that BFL does delay into late December/January. It would mean they delayed 2/3 of the ASIC miners from mining. Which is absolutely fantastic if you choose the right vendor to ship first.

Though, if you are stuck in the largest vendor what do you do exactly? It all depends on how fast a second batch occurs at the fastest vendor. Frankly, I don't know of any of their turn around times. Could be weeks for the second batch. Or it could be the fastest vendor over purchased just enough to cover a second batch.

Even my crystal ball has lots of static when trying to figure out this puzzle of "what ifs"...

I don't see any easy or clear answers. People want their rigs, not really their money. So a refund secures their funds, not necessarily their rigs.
hero member
Activity: 568
Merit: 500
November 17, 2012, 01:18:26 PM
Just human psychology. Once invested most people will defend their decision to do so.

Yep........ I did that with a stock purchase recently..... I could have bought 10!!!! ASIC mining rigs with the money wasted.

Question:

Lets say someone is a customer and they feel they want out of the waiting game.

So at what point does a customer make a decision that they are definitively going to get the hardware later than they had [reasonably] hoped??

What is Plan B?

-----------------------------------------------

This goes for all the other companies not just BFL. (Avalon / bASIC)

At what point is it time to call it quits?

A) Is it when one vendor ships and the one you ordered from is still in a holding pattern?

B) Is it when there are more than 2 delays?

C) Is it when the block halving has taken place?

D) Is it when the mass refunds start for any one vendor? (any of the three companies)

---------------------------------

Then what?

What is Plan B?

Do you go to one of the other competitors with your money? Do you just sit there and "suck on lemons" while you wait it out?

What do you do if you do decide to abandon your first choice?

What is the correct strategy at that point?

If another than the one I have my money tight to, starts delivering new orders faster than the one my money is tight to, I'll cancel that order, and go for that other one. What a simple plan B, is it not?
hero member
Activity: 633
Merit: 500
November 17, 2012, 01:10:16 PM
I think there probably is a wave curve for refunds... but we're past the crest of it now.  We're on the downward slope as the end of November approaches, but will climb back up if BFL wants to delay again.  It makes enormous sense to hold on to your order if they're saying they'll be assembling in 2 weeks, but less sense if they can't meet such a deadline.  It will be interesting in that they claim they haven't used pre-order funds to pay for their current operations.  Should there be an avalanche of cancels, that claim will be put to the test.
legendary
Activity: 1610
Merit: 1000
November 17, 2012, 12:47:25 PM
There is no plan B right now.

Just personal opinion - the right time for canceling orders if someone wants to is right now. If there is a "cancel wave" for some reason i just do not wanna think how long it will take the refund. Especially those who paid with BTC. Trusting in BTC does not make it a legal currency and actually it may turn out from legal  point of view that nothing is paid at all and there will be no refund - extreme case of course.

For me the right plan is just to stick to our choice (vendor) and wait or quit now.

legendary
Activity: 1890
Merit: 1003
November 17, 2012, 12:24:26 PM
Just human psychology. Once invested most people will defend their decision to do so.

Yep........ I did that with a stock purchase recently..... I could have bought 10!!!! ASIC mining rigs with the money wasted.

Question:

Lets say someone is a customer and they feel they want out of the waiting game.

So at what point does a customer make a decision that they are definitively going to get the hardware later than they had [reasonably] hoped??

What is Plan B?

-----------------------------------------------

This goes for all the other companies not just BFL. (Avalon / bASIC)

At what point is it time to call it quits?

A) Is it when one vendor ships and the one you ordered from is still in a holding pattern?

B) Is it when there are more than 2 delays?

C) Is it when the block halving has taken place?

D) Is it when the mass refunds start for any one vendor? (any of the three companies)

---------------------------------

Then what?

What is Plan B?

Do you go to one of the other competitors with your money? Do you just sit there and "suck on lemons" while you wait it out?

What do you do if you do decide to abandon your first choice?

What is the correct strategy at that point?
sr. member
Activity: 336
Merit: 250
November 17, 2012, 12:15:25 PM
Some of us pre-ordered, fully expecting to not have ASICs by October, or even November.

Who pre-ordered with the expectation of delayed product shippment? Not me.

Which means you didn't do much digging on BFL's history.
hero member
Activity: 1162
Merit: 500
November 17, 2012, 11:33:28 AM
Frizz23, why haven't you asked for a refund then?  Oh... that's right, because you never paid for an order!

Maybe I didn't. But maybe some of my numerous fake accounts have ordered tons of your precious vaporware? Wink

What are my fake accounts again? I forgot ...
legendary
Activity: 1260
Merit: 1000
November 17, 2012, 11:25:54 AM
Frizz23, why haven't you asked for a refund then?  Oh... that's right, because you never paid for an order!  You've just here bitching and you have absolutely no stake in it!  Of course, silly me.

hero member
Activity: 560
Merit: 500
November 17, 2012, 11:24:49 AM
They probably don't want back to jail?
hero member
Activity: 1162
Merit: 500
November 17, 2012, 11:17:44 AM
they have stated that they havent touched the pre order money and they are all available for refunds if everything should go to hell.

They have stated a lot during the last couple of month - nothing much has materialized though. Why should be believe their refund guarantee?
hero member
Activity: 560
Merit: 500
November 17, 2012, 10:15:57 AM
Not to mention 90% of the development costs were likely raised through pre-sale orders. Which would make it difficult to secretly develop and mine on.

they have stated that they havent touched the pre order money and they are all available for refunds if everything should go to hell. so im guessing they had the capital allready.
hero member
Activity: 602
Merit: 500
November 17, 2012, 03:56:35 AM
Whether true or not is unknown, but Tom claims he had been working on bAsic for many months before he announced it for pre-sale. My suspicion is that after FPGAs, many heads got the same idea to adapt to ASIC. Considering the time tables for release, a BFL secret development project would not have yielded very good results for them. Not to mention 90% of the development costs were likely raised through pre-sale orders. Which would make it difficult to secretly develop and mine on.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
November 17, 2012, 12:25:40 AM
That'll show em.

Ah... sarcasm. Unfortunately, there wouldn't be anything else that I could do.

Even though it may not matter to you if I buy from BFL again, I'd imagine BFL wants business from every customer they can get and repeat customers too. That's normally how businesses work.

But, I've been left with such a sour taste in my mouth, that's not going to happen unless BFL somehow makes it up to me in between now and then. I'm sure that I'm not the only one that BFL has pissed off either, so there are likely quite a few others that would do the same.

Unless of course they were intending to scam customers....does BTCST or PussyAt30 ring a bell?
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
November 17, 2012, 12:21:00 AM
All BFL has really done has been to shoot themselves in the foot by announcing their crazy non-existing ASICs so that the competition could pour in and beat them to it.

Imagine if BFL had simply found someone privately to fund the development and then carried it out quietly...  BFL would be lightyears ahead of everyone else and reaping profit instead of what looks like a loss of 2/3s of the market share to BTCFPGA and Avalon.

People should be questioning BFL for this market strategy alone.

+1

I asked the same question. Why not keep their mining operation a secret and just mine the crap out of the network and sell off slowly.

legendary
Activity: 1484
Merit: 1005
November 16, 2012, 11:32:50 PM
All BFL has really done has been to shoot themselves in the foot by announcing their crazy non-existing ASICs so that the competition could pour in and beat them to it.

Imagine if BFL had simply found someone privately to fund the development and then carried it out quietly...  BFL would be lightyears ahead of everyone else and reaping profit instead of what looks like a loss of 2/3s of the market share to BTCFPGA and Avalon.

People should be questioning BFL for this market strategy alone.
full member
Activity: 196
Merit: 100
November 16, 2012, 10:51:12 PM
So they have gone from being "Ahead of schedule" to AT LEAST a month behind... based on their own statements.
legendary
Activity: 3878
Merit: 1193
November 16, 2012, 10:26:06 PM
they have said all along that there might be delays... so expecting it to come in october when they have said they hope to deliver then, seems a little... (fill in the blank yourself Tongue )

Let's look at what BFL said, and not what you wanted them to have said.

Quote
So will the BitForce SC product line REALLY come out in October? This is a fair question.  Let's review our track record.  If you're not aware, our initial product, the BitForce Single had a slow delivery cycle.  This was initially due to a last minute design change before initial product release.  When we did release it, we weren't quite prepared for the explosive success we had.  After several rounds of scaling, single delivery is in sufficient volume to catch up quickly. The Mini Rig product release has followed it's development and release timeline pretty well.  Initial deliveries aren't far from estimates and the speed of production is on pace to ensure most customers will get their Mini Rigs ahead of schedule. The SC product line has been under development for quite some time and is not the result of an expedited development process.  Although there are always issues during development, our team is highly experienced in exactly this field and we're currently ahead of our original timeline.  Honest Abe, we're scheduling shipments for October of 2012.

Emphasis added to make it easier for you.
full member
Activity: 196
Merit: 100
November 16, 2012, 09:24:17 PM
Just human psychology. Once invested most people will defend their decision to do so.

Yep........ I did that with a stock purchase recently..... I could have bought 10!!!! ASIC mining rigs with the money wasted.
hero member
Activity: 560
Merit: 500
November 16, 2012, 09:20:35 PM
Some of us pre-ordered, fully expecting to not have ASICs by October, or even November.

Who pre-ordered with the expectation of delayed product shippment? Not me.

they have said all along that there might be delays... so expecting it to come in october when they have said they hope to deliver then, seems a little... (fill in the blank yourself Tongue )
sr. member
Activity: 322
Merit: 250
November 16, 2012, 08:31:33 PM
Do you see how your threat seems a little overcooked now?

It's not a threat, it's a promise.  Grin

And yes, I realize I am only one person, but I have a feeling there are others that feel the same way. It is hard to post your feelings on here, especially on such a controversial subject as BFL, without trolls picking your posts apart. I actually can't even put one single post on here about ANYTHING without someone trying to prove me wrong, calling me names, sarcastic remarks, or arguing with me. So, I'm not surprised there haven't been more people talking about this on here, but I know I am not alone.


This is a common problem coming from people with little perspective.  Everyone's right and everyone's wrong.  It's wonky.
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