Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 31. (Read 3917058 times)

I wonder if WTCR.CA has any communication with FC or his gang of crooks anymore. WTCR was a major distributor for them in 2013\2014. I know that the owner Joe used to be in constant communication with them.

Cool site.  Email sent to the owner. 

What exactly are you waiting for? I have been reading your threats of legal action for awhile. If you really are in a position to take action, DO IT. Your repetitive empty threats make me think you're just trying to make yourself feel better. If I was in a position to do something, I would already be moving forward. So either way Airwolf Shut the hell up and/or do something already. I'm tired of all your bluster. We got fucked it sucks.

How is running away idiotic, exactly?

He's got a fortune. He's got the know how to create a new asic.

All he really loses is the goodwill of his fried cat name, which was valuable but not millions of dollars valuable.

Maybe you cannot anything about them but i can and i will if they don't come up with a solution soon.

that's the only thing that gives me any (very faint) hope. FC is no idiot. To just run away is idiotic. of course, I can just imagine him and the rest of bitfountain drinking beers and reading these threads, laughing at us, knowing full well there is nothing we can do about any of this.

Still a million dollar marketcap somehow.  I guess based on the chance that FC emerges?  Or that no one can get their shares from FC to sell them

What a mess.  I hope he has a change of heart and decides to come back and figure out a way to continue the company or dissolve it.  Running and hiding is childish, if that was his plan.

Now? There's been nothing left for over a year. Just smoke and mirrors.

AM really seems to be a one trick pony. First chips were a golden mine for all early investors, since the dividends stopped flowing, the company has gone to hell. Now there seems to be nothing left

i was also thinking he might have been poached by another company. shit. isn't taking all the btc with him embezzlement? like shouldn't that btc be distributed to shareholders? i mean if this were the "real" world not unregulated anonymous internet land.

also, the taped out chip...this is IP and must have some value. or did he abscond with that too?

if he has gone "across the street" hes bound to surface soon enough. small world this asic manufacturing scene.

its all reminding me of tom sawyer, when they think he died and are all grieving, until he shows up alive and they want to kill him.

 i wonder how long the board and the rest of am knew about this? (if true)

or maybe hes out in the field spending those 1000s of btc getting chips made at some obscure Chinese plant

they do knock off electronics in china, maybe hes getting them to knock off some AM chips real cheap?

i don't know if that's even possible...

fuckin grilled cat
id like to braise his tail!

didnt bitfury buy datatank in that period, maybe they also bought FC?

To put it simple: There's no money/funding. You need $10m to make some profit off of the chip, not even talking about dividends here. A large investor supposedly caved in December or something and FC only communicated this to the board in January. Then he disappeared. Risk/Reward ratio for using BTC funds at current BTC prices is too low (oh and FC has control over most funds, so there's that, yeah...)

so as i understand they have a taped out chip ready to roll. FC is MIA and took all funds with him, but who holds the taped out chip? This has to have some value, no? of course, time is of the essence... how long do we sit around with thumbs up arses before trying to salvage what we can with this chip design? oh, right, we wait until the design is obsolete and worthless. ok. got it.

i dunno what happened to FC, but the rest of AM sure aren't doing much as far as i can see. shouldn't they be able to take action with the company without him? i cant believe he did everything there... besides designing chips and raising funds, doesn't seem like anything much really went on there anyways...great fuckin company.

and what about FC the man? if i knew someone who went missing like that, i would be all over his personality, is he shifty? manic-depressive? who does he know or talk to that might be nefarious? everyone has dark areas to their personality, no one is a saint. drugs? probably not FC... gambling? maybe, i don't know the guy. mabey hes prone to strange outbursts, takes stupid risks?

my point is, no one speaks anything to the peculiarities of his individual character. a cop would ask this stuff. is he missing because he ran, or is he missing because he ran afoul? if this is some exit scheme, its a really intriguing one. i mean, if its anything besides a giant glaring embezzlement, who would even guess it to happen?

maybe the whole bitfountain is in on it? all those 1000btc transfers...piecing off the rest of the gang, they all take their cut and go "gee, i dunno where he went? crazy, oh well, whaddaya gonna do? geez."

ill just bring up this little chestnut right here again, the second slide down, from the "salon" last summer. FC explains how they are going to throw in the towel and take all the shareholders btc using a fine working model from the recent past




never did get any sort of proper explanation about that slide, nor anything that was discussed at this salon. only the most cursory of bullet points. you don't do a day long thing and have 30 words of infos to relay.

unless theres plenty info you dont want people to hear.

Thanks for the summary
So pretty much more of the same

not much few funny pics, few more physical threats, handful of moans, and yet empty investors' pockets

Have not checked this mess for about a week
Anything interesting occur ?

I was expecting an announcement today.

I think it is very reasonable to give them last 72 h for a clear communicate as of what their next steps will be. If no satisfactory or no info at all is released than go ahead with legal proceedings...

They claim that FC has gone missing.
It's what they say, we have no evidence to accept it as fact.
It might just be a story, or for real.
All we got for sure is a big question mark and a big whole in our pockets

Did he died?