Topic: {BFL} Butterfly Labs giving their customers a FREEEEEE "Monarch" - page 2. (Read 5366 times)

There is no over the top in warning people off BFL if they consistently lie about their own deliver dates and over promise on their miners specs. At what point do you simply let people lie cheat and steal money from others? I suspect even though many are somewhat happy that BFL locks up some hash rate the reality is that BFL is not affecting hash rate any more. Antminer, knC , Asicminer and others are building farms behind the scenes so it is doubtful the people buying Monarchs today would have any appreciably impact in 6 to 12 months time when they get their units given the the factory mining farms are really what is driving the hash rate vertical. The issue isn't that they are helping make informed miners more profit but rather their predatory and less than ethical business practices are damaging some lives by taking food off people's table and it is worth making a big stink to draw attention to the fact they are purposefully misleading customers and not following FTC regulations and most likely selling untested product in the US that should be investigated by the appropriate state and federal authorities in the US and EC.

Bottomline BCP is not ethical enough to admit his Monarch was a horrible investment. I suspect he continues to shill for BFL in order to get rebates or has been given a deal for hashing power from BFL if he continues to lie for them about the Monarch or to basically slander and derail threads with ad hominem attacks. Ignore is too good for BFL shills. Really these threads save new members money. For every lie BCP or Inaba tells they are found out and someone reads it and they quickly decide not to buy BFL. Anyone saying they support BFL at this point is likely paid off to do so.

Every newbie should buy from BFL in bulk.

When they realize the mistake they made, they won't be able to get their (re)funds back, right BCP?

BFL is helping the community by weeding out the unwise and alleviating them of their wallets full of cash and any notions of profit. Lets welcome them, these newbies never had a chance to see what hit them after buying from BFL.

BFL is the scarecrow of the Bitcoin Community. Except this scarecrow digs pits and lemmings fall right in never to (hopefully) recover.

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We can just get rich from all the discouragement that people get when they invest in the wrong....I mean right company.

I love your signature but you left BFL out :?)
"newbs:  a lot of great people in the world of bitcoin, but also a lot of scammers and assholes, like Jon Montroll / Ukyo of bitfunder / weexchange, so be careful !"

glendall

I'm sorry, but if you ordered a Monarch it is your own fault. You'd have to be a retard to think that they were going to deliver it anywhere near on time when they said they would. You would know this if you did any research at all in to BFL.  And if you didn't do any research, again, it's your fault.

I do feel bad for anyone who ordered pre-Monarch products like the Jalapeno etc.  But the Monarch.  Ya that's your own fault buddy.

No such thing as bad advertising right BCP?

I'd have to disagree.

I have to admit, I've always been pretty amused by the butthurtness against BFL... but I'll explain why:

I came across a guy on ebay selling pre-orders for jalapenos at $600 bucks as early as July 2012... after doing a bit of research on the new "ASIC" devices that were being imagined, I looked up BFL's site directly and saw they were selling pre-orders for $150. I thought, "this is as big of a gamble as the $400 I spent on buying bitcoin at $6 and now its at $10, so what the hell."

Sure, I saw they were supposed to ship in October and it was August 2012 at the time, but I had just sold a bunch of crap on ebay and had some paypal money sitting around. So I went for it.

Since I was/am a believer in the future value of Bitcoins, there was no way I was going to spend (and potentially lose) 15 bitcoins on it, but $150? Sure, that's essentially nothing since it won't be worth $150 if spent later.

October came and went..... and I'd almost forgotten about the purchase. Then came the beginning of the great mania of early 2013 when the price started climbing....$20, $30, $40, $65.... that's when I started looking at what happened to that $150 I'd spent.... and that was when I first found the people FREAKING OUT that they'd sunk bitcoins into their pre-orders and those little devices were now costing them $1000.

"Huh," I thought, "...well, at least I'm only out $150 in play-money from paypal."

Then towards the end of May, I got an email from BFL asking me if I wanted to upgrade my device to 7.5gh/s for an extra $100... I quickly wrote back asking if it would change my place in the shipping cue.... to which they responded, "No, you are still scheduled to ship at the end of May." So another $100 of paypal money went to BFL.  So along with shipping, I was in for a grand total of $265.

Just as promised, my box arrived about a week later.... 10 months after I gambled on a preorder.... and now 8 months later, it has mined me about 11 bitcoins. Of course, it doesn't generate that much now... but if one is long on bitcoin, then even .002 a day is something.

I've remained silent about my positive experience with BFL since there are still people who are pretty butthurt about their unsuccessful gambling, but I figure now is as good of a time as any to say: THANKS BFL!

I think its a great topic... Cointerra is going the extra mile to HELP their customers and not just to use them for their own Glory. Butterfly Labs uses their customers for their own Glory and to ONLY to Build their own Empire.

Wow, bfl is such a scam, people should remember their 15 months long lies...

Yep, they did say the KnC Jupiter would probably be their last consumer product.

"KnC baby" doesn't care about you anymore, except as a source of ancillary revenue.  They are building one of the world's largest data centres... 

o yea, they will sure do it ... how can u open such topic ? ...

BFL gives you lots of things ....

Excuses
Abuse
Delays
Losses

wow and this is your second post ? righ lol... Listen Here "Josh or should i call you Inabafu or Bitchardo  " yes, I have a Cointerra on the way and I can wait to receive the second one for Free Let me tell you "Josh" i didn’t buy a "nonarch/monarch" :0)

 i made it my personal goal to do whatever it takes to inform Newbies (like you) about BFL.

It sounds like you ordered a nonarch without doing due diligence. I'm a former BFL customer, and none of us were recommending them...
As for cointerra, are you an actual customer, or are you using them to make a point about BFL?
Cointerra is not #1. They are under-delivering, and they're making up for their underestimation with...coupons. As though any of us will ever order from them again.
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