Topic: [ANN] xCrowd*US/UK*TH/s+ Units - page 23. (Read 49035 times)

Thanks you.

Define last minute?

Can confirm that is one of Abdi's old Facebook pictures but not sure where "director of procrastination" came from. Even if it was stated somewhere on his facebook or twitter page it's probably just a joke directed at his personal social network rather than on a official profile like Linkedin.

Maybe is him? because he really never denies. very fishy why he wants to wait for last minute to provide the details?? so that the customers don't have time to check up on him???

This post: https://bitcointalksearch.org/topic/m.2641524

Specifically what parts accurate, and what's not?

Abdi's Linkedin, name and the registered company address is the only things in the list that are accurate. It's quite a generic name in the UK of those with the same ethnic backgrounds so if you could link a john to all the possible usernames of johns within the same region the same issue would pop up.

You contacted me on July 5th about my post asking what it would take to verify your identity etc.  See below:

"We understand the skepticism towards any new company in the ASIC mining space and we also do not simply disregard or delete posts that do not agree with us unlike BFL.

We are open towards third party verification and support the need for regulating the forums for possible scams.

However random inaccurate libelous posts like yours would just hurt everyone involved and damage our reputation before we've even started.

We are not requesting that you edit or delete the post but if you are truly independent and not a shill we ask that you advice us on what we could do to validate our authenticity and what would get you to change your post.

FYI

Any request for bribes or other nefarious blackmail attempts would just get posted on the forums by us."

I responded on July 5th asking specifically what you were disputing:

"I have no intentions of misleading anyone.  Can you specify exactly what items in my original post you are claiming are not accurate?  If you tell me which ones you are disputing I will check into them again and certainly if I find I was mistaken I will correct the mistake and issue an apology."


I received no response.  I am still willing to vet any items from original post.  Just let me know which ones are not accurate.

People are constantly telling me I need to take xCrowd off the list.  At this point they have not accepted a single preorder, and there is no risk.  This is not the regular business model for scammers.

Don't forget there are a lot of incentives out there.  Most companies are just trying to do the best they can, but it would only take one company hiring a sophist to muddy the waters.

What is the worst thing that could happen to a miner?  More miners, more equipment coming out.  It used to be even more common for people to try to dissuade others from getting into mining.

Some people really believe what they are saying and want to help, and that isn't necessarily FUD, but usually turns into it.

Lots of angst for previous scams out there, and that is understandable.  It's a good idea to make an attempt to judge each case with fresh eyes, though.

Just think what would have happened if these guys had waited till they had a product in stock then made the announcement. They would have been the biggest thing in Bitcoin.... now, not so much.

They should silently fold up this brand... complete the product and then release with a new name later... with real product. And not have this guy be their front man.

You've pretty much read my mind, I have seen no evidence of a ASIC specific design team or their experience, but Abdi is a solid little marketer I'll give him that.

The escrow as far as I can see serves no purpose other than to tie up and keep your funds hostage from other potential ASIC sales.

Seeing as xcrowd can't be paid by you up until they deliver, and only then the escrow funds are released, what's the difference from just selling from stock when you have the products to hand?

They will almost certainly sell especially if you can compete. People will happily buy off the shelf, over pre-order.

XCrowd was written off awhile ago by most.  Each day I have less confidence in them but this thread isn't that long so keeping tabs does seem to hurt.  You have to provide enough info to vet out and I don't think he has done that. Not enough personal info or technical info has been released so right now its vapor.

And its true that escrow can be a scam too.  Even losing 50% is still a huge loss.  

...actually, I'm only reading this thread because I'm in a holding pattern.  Waiting for KNC and waiting for LTC to grow up.  Doubt I'll check back here after september.

I've said my peace, and was certainly not trolling. I will now sit-back and see if OP lives up to his latest reply here, which seems sensible.

Right when I thought this thread was going to succumb to trolling, someone actually says something sensible.

Jesus, reading this thread is like watching vultures circle an elephant.

Chill out everybody, he's said that all details will be released on launch date.  Launch date got delayed a few days, so cool your jets and lets see what happens then.  It's not looking like a scam to me yet, they haven't asked for any money.  It's not one of those companies that says "Hey, we're making a sweet machine, buy one now and we'll ship it to you in 6 months!", its a company that's saying "Hey guys, we're almost done our cool new machine, but we don't want to take your money until it's finished and ready to ship.  But, we will release all of our information and order information in 5 DAYS TIME, so you can tell exactly where we are at."

Everybody just chill out, and lets wait and see where this is going.  You think they'll be able to work any faster if we keep harping on them for information, when they said that they will release information in 5 days?

JUST WAIT A FEW DAYS

It will always be 100% escrow. John won't be releasing any funds until every transaction holder (i.e. customers) can confirm the delivery of a hashing unit. Escrow.com is an established name that won't be even considering anything that even smells of a potential risk.

Both escrow providers will have all the necessary id's of the founders (NI, SS, passport, proof of address etc) before accepting any transactions. The lack of information is simply because we haven't launched yet and we'd rather wait until we would be able to start sales.

You could say that the business model seems fishy or see it as the most least risky way of supporting a company that is doing it's best to provide the current immediate market demands such as low prices, guaranteed delivery under a risk free payment method.

The reason why we are asking for escrow deposits in the first place is because when you're spending over 1.5M in just NRE; you better make sure that there will be a demand for when you do sell.

You could either write us off simply because we haven't posted any details yet or simply continue to read the updates from us to make a sound judgement once you do have the details. You can try as much as you like but you won't see neither a xCrowd representative or our distributors take direct payments until we start shipping.

this^

That's why i recommend people only to use John K.

And as for all his claims of escrow and Escrow.com, there exist escrow scams too! You ship a pile of rocks and then provide your escrow holder the verified tracking info--voila, escrow released to you, even against protests of the ripped-off client.

If Xcrowd can scam just one or two of you out of a few hundred bitcoin, it'll more than pay for all the prep work that's been done so far. He'll take orders and then simply choose his mark--the guy that wants to buy the most. This is who he'll try to escrow scam, the 300 btc order or w/e.

Anyway, if this isn't a scam I don't feel bad at all because the OP has done nothing but act suspicious and reclusive since day one, offering zero proof of anything. And if it is a scam, you've been warned.