Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 363. (Read 3917543 times)

Yes, I would rather he tend to the needs of customers first... and that is what I imagine he is doing.

In regards to friedcat fucking investors over and all that, one has to look at it from his perspective.

Many of the buyers of his chips are investors as well, one for sure is a board member.  If he fucks over shareholders, his current business relationships are tampered.  People pointed out that there are no laws that force anything him to honor his contract, this may be true but what does matter is reputation.  Friedcat has for a long time had a very solid reputation that is probably the major reason for a good part of the success we have seen.  With there being so many investors, he has a group of people actively routing for him.  I always recommend Asicminer products to people who ask, and answer questions when they are posed.  If he did fall back on his promises, I would imagine also he would have to start to fear for retribution...

I feel that he has more to lose falling back on his contract, then he has to gain from it.  The mining industry has yet to hit the big time.  Right now it is start up businesses that are setting up farms, no big companies in the space of data centers have gotten involved... I imagine that day may soon come, and having a clean and robust reputation will only benefit him.

All that said, I too, would really like him to come in here and say "Update coming within 48hours" or something to that effect in this thread.

I concur.  Customers and potential customers come before us investors.

Isn't he also one of the bitcoin core developers?

Agreed. He is responding to the lead BFGMiner dev who is probably adding support for these chips into his miner.

YES!

Was responding to this one technical question really of greater importance?

https://bitcointalksearch.org/topic/m.6988510

Yeah guys come to think of it. Friedcat never posted that divs are coming on the 27th and probably something was lost in the translation. Maybe by a financial statement he originally meant a financial checkpoint for everything and that it will be submitted for delegation later on. This would mean on the NEXT board members meeting it will be provided to them, Still... nothing regarding the divs!

What answer? The ones Jutarul (a board member) posted? The one I just linked, well... I'm afraid I can't fake posts by friedcat himself.
No fabrications from my side 

I don't understand how he can take the time to post that but can't give us a very simple update. This is strange... Very strange. Is it possible that minerpumpkin completely fabricated that answer? I cannot understand how a person could make such an announcement to thousands of people only to not stock to their word without so much as a single sentence to let us know why... unless he never said it at all. Even Havelock called it nothing more then a "rumor".

Microsoft technically became huge by shafting IBM. (some would say outsmarting)

I'll open it with a question and summon
Friedcat we rare summon you, can you come and give us the status report thanks
Also adds in some simplified and traditional Chinese to this question bit more polite that way
Friedcat 您能不能给我们一个状态报告
Friedcat 你能不能給我們的基礎上，如何芯片銷售狀態報告進展

http://www.bitell.com/t/2163

Interesting pics of hashratio's plant

although i dont mind waiting, i think FC surely seem to enjoy teasing us like that. posting there and there, but just not here.. ^^

He talked: https://bitcointalksearch.org/topic/m.6988510

I just tried to include both aspects in one question, i.e. "when is the statement due, remember the dividends"

Well it wouldn't be a case of 'as opposed to' like there was a choice. If there was a choice and AM was listed sure everyone would buy the listed stock.

Rather, it would become a case of, in your unlikely scenario, he stole everything from his previous shareholders so do you trust him enough to invest in him?

We all know how much a contract is worth no matter what jurisdiction; and if he claimed to have lost the wallet or key, or was hacked, what's the 'full power' of any govt going to do anyway?

Investors whose investment contract had the full power of the Chinese government behind them enforcing said contract, as opposed to relying only on reputation on an internet forum as an enforcement mechanism? Yeah... I think they would go for it if they smelled profit potential.

Almost every successful company has screwed over anyone and everyone it wasn't forcefully prevented from screwing by harsh and enforceable laws. No law exists that holds friedcat accountable to his bitcoin shareholders.

Remember that it wasn't FC who came on here directly and stated May 27th. It was delivered to us through the Board and it was subject to change.

Why are you guys immediately jumping to FC trying to deceive? Have you guys held shares all these months with this belief?

I've got enough shares on Havelock to cash out and take a nice vacation but a strong part of my brain is telling me to hold on still!
Keep it up Friedcat, lots of naysayers around but I believe in ya.   

Do you really think new investors would have faith and trust in FC after doing something like that?