Topic: [Archive] BFL trolling museum - page 22. (Read 69394 times)

Chillax... if it got to this ...the company would be worth 0 cents & u get nothing

Its called being over a barrel and getting it

U have no options...lol 

You sad strange little man...

I guess you have never heard of a manager robbing their own company blind.

I have seen several cases of that in real life. Where a manager comes in with access to the safe and his GF. Then pulls cash from the sack and walks out quiet assuming no one is watching him. Then buying very expensive things and doctoring the books to reflect the change to the companies finances.

The only way they ever seem to be caught is by the owner(s) asking why they are so unprofitable. Managers are usually the scumiest bastards you will ever encounter in life. They didn't get to being a manager by accident. Most managers hire managers who think and act like themselves (IMO).

They don't hire honest people because honesty is not what they know. So when I see polls that say only 10% of managers are lowlifes....I have to laugh.

http://codinginmysleep.com/interview-with-sonny-vleisides/
See Sept. 23 Interview with Sonny Vleisides, in which it was revealed that all BTC payments are converted to USD on the spot through Bitpay and deposited into BFLs bank account. If this were not the case, people could use preorders as a way to hedge their BTC market positions. That would be silly.

There are a few threads on the forum about it, I'm afraid I don't have time to dig them out but I doubt you will have much trouble finding them. One has links to the actual court records etc.

One person who is probably not full of shit is Vladmir.  He was, iirc, one of the earliest to have voiced some efforts in the ASIC direction.  I have not heard a peep from him on this for some time.

A while ago I theorized that perhaps he became aware of the scammy intent of certain of the ASIC related efforts and that is what made him bail.  One way or another, I would listen to what he might have to say about the various barriers to entry and that sort of thing.

+1

If they had a working prototype producing 25% or rated expectation they would have sold %500 more product

This is by the way elementary to all sane people

We are saying you work for BFL ...lol

NO PROTOTYPE

Full production run

I point to the part of "Delivery of tested working Units"

We all want to believe...

But as a large majority of all of us are in either IT dev s/w & h/w the methodology that they are following is in one word

"DOOMED"

If they pull this off I will take my hat off too them...or as i would say "Good Luck With That"

Thanks Charlie. Is there a place where this is documented? I'm interested in getting the facts myself, as the people of these forums are completely unreliable for this purpose.

Also, if Sonny actually owns the company, then my original question stands. Doesn't that put them and everything they do in the government spotlight? Seems like a silly way to run a scam, when the owner of the company makes no difference in the grand scheme if you're planning to take the money and run.

Do u work for BFL ?

Its got action,adeventure,drama,heros,vilians and most important of all

"The holy ASIC Chip relic"

Starring Nicolas Cage

Who knows how it ends ...but it wont be what we expect ..lol

Basically it was an advance fee fraud where he sent people letters saying they had won a foreign lottery, but they needed to pay an admin fee to have the money released. He deliberately targeted the elderly, believing them to be more vulnerable.

He came on the forums and claimed to be basically running a numbers racket (i.e. an illegal lottery) and claimed that it was perfectly reasonable to run an unregulated, unsupervised lottery and it was just those god damned government regulations that stopped him from making an honest buck by doing so. That would be bad enough but what he was doing was even worse.

He then posted a picture of him with his girlfriend and his new born baby, as if to say "look at me with this little baby, how could I be a bad guy?"

It was one of the most pathetic and insidious things I have ever seen.

This guy is not just "an employee". He is the founder and CEO of the company

+1

So u can feed your greed gland about all the $$$$$$$$$$ i will be making with "my precious"

You are full of shit Jason.

Including the crap u just added ..lol

Quite a few months ago, I started down the path of creating a custom ASIC with another member of this forum.  We spoke with a number of companies that do structured ASIC designs but ultimately decided to go with a full custom ASIC design since it seemed like it would required to be competitive with the numbers being promised by the competition.  Ultimately, we entered into discussions with a company in Shanghai that does ASIC design with the intent of having them do the entire ASIC design for us.  Like BFL, we already had a working HDL design that we had verified on FPGA hardware.  Ultimately we chose not to move forward with the venture for business reasons, but it looks like BFL is on a similar path to what we were on.

Based on what I've been reading, it seems that BFL does not have in-house ASIC engineering experience (neither did we), but rather they have opted to farm out their design to a company experienced in these matters (a very positive thing IMO).  Silicon Valley probably has the highest concentration of ASIC design houses in the US, so it is encouraging to read that Josh is going there next week to meet with their ASIC design team.  Using an experienced ASIC design team in combination with a straightforward logic-only design like SHA256 and a conservative 65nm process is a good formula for minimizing risk and the number of respins.

I'm out of the mining business at the moment, but if I wanted to get back in now, I'd probably choose BFL based on the information currently available.

I have no affiliation with BFL or any of it's employees.

--
Jason

I was of the understanding that the business Sonny participated in was about taking bets on upcoming lottery numbers. Is that wrong? Where can I read the correct information if so?

Also, in his judgement order it states that any business that he is even part owner of, he needs to fully disclose all business records and client lists to the probation officer. I'm not pointing that out to debate on whether he is/isn't part owner or whether he is complying with those terms, just saying that if a company had something devious planned, they probably wouldn't bring on this guy as he would be a huge liability to their operation.

I assume this has been considered already, but didn't read all of the pages of this thread since there is a lot of baseless flaming going on.

Yes, sounded like he maintained that he has always been a nice guy, had nothing to apologize for, and in fact was a victim of an evil government. People change, right.  A BFL engineer/executive Nasser then also chimed in, denying that Sony was a scammer, and in fact defending his past. Not even a tiny sign of remorse about the documented, well planned scam carried out by Sony. Inaba responded by derailing threads, offending concerned customers, etc. It is hard for me to believe that anyone would take BFL seriously or treat them with respect, not to mention giving them money for some future product.