BFL has shown production boards (though has yet to show that they actually work). They are so far the only company to show a physical product.
Though all three companies, Avalon, btcfpga, and bfl have all had past products in the fpga market so it is reasonable to assume they are not scams (I hope).
I threw some cash at "BTCFPGA" but ignored the other two, purely because BTCFPGA allowed the use of a credit card.
Any no show would be wire fraud, plus the CC company cover for non-delivery.
The other two have managed to convince me I'd rather not take the risk until they have at-least one device out in the public, basically because they are black hole financing, with ZERO chance to recover funds if something goes wrong.
um, I bought my BFL SC with Paypal...with my credit card.
I had also considered that, but
you paid an extra 5% and you will NOT be covered by the credit-card insurance.
The responsibility is then.... "you"-"paypal"-"BFL" as opposed to "You"-"Credit Card company"-"BFL", and I can tell you now that Paypal does not take kindly to credit card reversals against a paypal account.
?? Paypal does not like any reversals, doesn't necessarily make them less likely to happen. I ordered some item through paypal via credit card from a person, who did not deliver, and I did a reversal, it took 10 days, then they happily credited my card. Not sure where you are getting the idea that card reversals are some sort of universal paypal no-no?
That said, I'm guessing that with an active company like BFL, and the high sticker price of their products, you will likely see some hassle with a chargeback, and agree that just because it's a card purchase it will not be as cut and dry a matter to get your $$ back.
Different type of reversal(sorry I was not clear).
I have an Email from PPal, which makes it clear you only get a reversal between yourself/paypal/seller, IF the funds are available in the account of the SELLER.
The reversal I was talking about , is where I phone the CC company and BOUNCE the transaction locally between the card & paypal, when they don't come up with the money from the original transaction between the seller and myself, for that they will try to throw your account and any funds into dispute.
HC
