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Topic: [Archive] BFL trolling museum - page 22. (Read 69365 times)

hero member
Activity: 574
Merit: 500
January 15, 2013, 09:44:40 PM
What are you left with then?
It is easy. It is called class action lawsuit on behalf of all their customers that do not get full BTC refunds!

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  Cry
hero member
Activity: 826
Merit: 1000
January 15, 2013, 09:43:26 PM
Also their CEO is a CONVICTED SCAMMER!

How can people just gloss over that as if it's no big deal?

Because he a) isn't running the show, and b) isn't the only person working at BFL.
People seem to consistently forget that in order to pull off a scam of this magnitude, they'd need to support of all participating members...managers, execs, designers, engineers, etc.

Believe it or not, most people are not sociopaths.
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.

You sad strange little man...
legendary
Activity: 1890
Merit: 1003
January 15, 2013, 09:40:45 PM
Also their CEO is a CONVICTED SCAMMER!

How can people just gloss over that as if it's no big deal?

Because he a) isn't running the show, and b) isn't the only person working at BFL.
People seem to consistently forget that in order to pull off a scam of this magnitude, they'd need to support of all participating members...managers, execs, designers, engineers, etc.

Believe it or not, most people are not sociopaths.
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.
legendary
Activity: 896
Merit: 1001
January 15, 2013, 09:34:59 PM
They're refunding anyone who asks...
No, they don't.

Yes, they do.

They do not honor full BTC refunds.

You said they didn't refund them at all! Don't act like refunding the same USD value (and not BTC...I don't feel like beating a dead horse) is equivalent to not refunding at all. That's stupid and stupifying.

So sorry BFL rep..... that if u where holding BTC for product over a period of 3 months and low and behold after request for refund u send back USD value & u keep the BTC exchange price increase ....hmmmm

Is this not what this is all about..is there not a word for this

Maybe u r right about ASIC's & delivery's but that point is plain for all to see what it is



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.
full member
Activity: 210
Merit: 100
January 15, 2013, 09:34:11 PM
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.

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.

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.

legendary
Activity: 4690
Merit: 1276
January 15, 2013, 09:22:45 PM

You are full of shit Jason.

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.

hero member
Activity: 574
Merit: 500
January 15, 2013, 09:21:47 PM
... and they made fools of themselves by showing an empty box (instead of prototype) at CES 2013 Wink Do not be childish....

What does that have to do with anything? CES is packed full of shit that doesn't work yet.

If everyone goes there with non working things, than its OK to do so? Most of the stuff at least works in some ways... Many company are proud to show even a not perfectly working prototype! How else do you attract new investors?



+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
hero member
Activity: 574
Merit: 500
January 15, 2013, 09:16:21 PM
BFL says non-refundable since, well 1st of January though.
Look it up asshamser.

What are you saying? Are you saying they won't refund after January first?

We are saying you work for BFL ...lol
hero member
Activity: 574
Merit: 500
January 15, 2013, 09:13:27 PM
I guess there will be lots of refund requests in the following days once BFL customers read the new 'update'?

No there won't..... Most of them will still stick to BFL cause they believe (like really religious "batshitcrazy" people) that their holy savior ASIC will arrive soon. Even if there is another delay Smiley

Okay, what kind of delay are you expecting? Point to the part of their timeline where the failure will be.


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"
legendary
Activity: 896
Merit: 1001
January 15, 2013, 09:04:11 PM
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.

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.
hero member
Activity: 574
Merit: 500
January 15, 2013, 08:57:51 PM
So, you all saw this right?
I have seen it already a month ago, 2 months ago, 3 months ago, 4 months ago... How many times should I watch this movies again and again?
Tis certainly entirely up to you.  Get a refund if you're tired of it.

Do u work for BFL ?
hero member
Activity: 574
Merit: 500
January 15, 2013, 08:57:05 PM
So, you all saw this right?
I have seen it already a month ago, 2 months ago, 3 months ago, 4 months ago... How many times should I watch this movie again and again?

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
full member
Activity: 210
Merit: 100
January 15, 2013, 08:54:59 PM
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?

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
hero member
Activity: 574
Merit: 500
January 15, 2013, 08:53:31 PM
So, you all saw this right?

Some did, others just thought "lol another delay" without realising that the timeline is actually pretty consistent with their December update. The update also happens to be their most detailed ever (ie. it actually includes a timeline...).

Well I'm totally fine laughing at you guys when the actually consistent date is pushed down for another month.

Btw what does week of feb. 10th actually mean? That's kinda ambiguous since it is a sunday. Is it the week before the sunday or after it?

+1
hero member
Activity: 574
Merit: 500
January 15, 2013, 08:48:55 PM
Well I like that they agreed to 'the' queue request finally Smiley
I am also looking forward to this feature.

This. It'll definitely be nice. Would also be kinda cool if we could see exactly where in the queue we are (relative to other orders & quantities), so we could start theorizing (if they have at least X chips, my order will be filled, but I have a Y% chance of getting my units if only X-N chips are supplied). Well, I'd love to do that anyway.

So u can feed your greed gland about all the $$$$$$$$$$ i will be making with "my precious"
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
January 15, 2013, 08:47:31 PM
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


You are full of shit Jason.
hero member
Activity: 574
Merit: 500
January 15, 2013, 08:43:57 PM
augustocroppo - don't bother there is almost nothing in this thread worth reading except the latest update on the BFL site.
I'm not vouching for it's validity, just simply pointing out that there is almost nothing else worth spending the effort to read even 20 pages of the crap in here Tongue

Including the crap u just added Smiley..lol
member
Activity: 114
Merit: 10
January 15, 2013, 08:38:55 PM
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
legendary
Activity: 896
Merit: 1001
January 15, 2013, 07:50:44 PM
Not even a tiny sign of remorse about the documented, well planned scam carried out by Sony.

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.
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
January 15, 2013, 07:33:41 PM
Also, people change...

Did any of you READ Sonny's write up about what happened?

I'm guessing no.


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.
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