Topic: BFL current state of affairs - page 4. (Read 8171 times)

Long story short, you don't care about anyone except yourself.

This is really starting to get sad Josh. You take the time to post nonsensical replies such as this, but refuse to respond to honest questions and criticisms.  No one wants to listen to your cynicism and platitudes (although I'm honestly impressed that you managed to fit three in one sentence). So if you don't have anything meaningful or worthwhile to post..... just go away.

The total number of orders is about 5-10 times bigger. So it seems BFL is really sending out proucts containing 300+ chips daily. This giving me hope

And if exchange rate drops all those asic machines become fancy doorstops.  Then you can buy them for cheap.  Patience is a virtue.  It is a long road till block rewards go to 0.

You don't have a rebuttal, so you delete the part in the quote where you are proven wrong and post a snide remark.

Classic Inaba. Thanks for making me smile.

¨

Wont happen. It will be like GPU mining, those with cheap electricity will be profitale and those without have to decide what to do

Here is my prediction of what will happen to bitcoin in 2014. All tech at 65nm or above will become unprofitable to run. Chips at 28nm / 24nm will still be profitable, but only for large mining operations running on industrial electrical rates, in areas with the absolute lowest electricity costs in the world. This means bitcoin will become a network run by a very few, very rich people, who run incorporated mining operations and pay taxes on their mining profits to fiat governments, and only in very select geographical regions. Oops, not very decentralized anymore. Meet the new boss, it's the 1% and they are keeping the fiat status quo in place. Strangely like the old boss...

I take it you've never read your own posts, then?  That explains a lot...

Note the keyword "if". As in if the rabbit didn't stop to take a shit, it wouldn't have been attacked, killed, then eaten by a coyote.

If BFL had shipped all pre-orders in November, they would have had mega more orders, thus difficulty would be in the same place it is now (actually, it would be much, much higher), and there probably would have been less competition.

If BFL's product line is still so profitable to possess, then what's the big deal in not refunding to all those who ask as they've so gracefully done in the past, for they'll still be able to sell those units to non-monumental assholes?

Surely, they're expecting to build more units after the backlog is shipped, otherwise why the hell are they paying 0.00000001+ BTC for advertising.

They are doing so many things ass-backwards at Camp BFL, it boggles the mind. All they would have to do is snap a simple motherfuckin' pic each showing 200-400 shipping boxes on the dock and posting said pic on the their forum, then they wouldn't have to pay one more motherfuckin' dime for advertising because in this tightly niche market, action speaks louder than words (read advertising copy).

Since they don't do that, there's only one--ONLY ONE--motherfuckin' conclusion to come to--THEY ARE IN THE MOTHERFUCKIN' SCAMMING BUSINESS!

"Get your refund, refunds are fun, get it now, don't walk - run!"

This is probably the dumbest post I've ever read on these forums.

If BFL was the only company shipping ASICs, then this statement would be mostly true.

However, you're not the only company shipping ASICs. You forgot about ASICMINER and Avalon you silly goose you. Or was this just an attempt at satire?

Avalon batch #1, 2 and 3 would be about 132TH/s if half of B3 was 4module and the rest 3
Asicminer is about 42.53TH/s

So, that's about 175TH/s right there.  Almost half.

There's also Bitfury out there, and those Avalon chips, if they ever ship. And we're one more month away from KnC, then HashFast.

The problem with what Josh is saying is that A) they couldn't possibly account for even half of the network right now and B) Their customers are still going to get fucked by everyone coming out with chips in September/October/November.
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The other thing this shows is that they took these orders knowing that their customers would never ROI in any reasonable time.

Josh is essentially saying they knew they were going to take the difficulty up to 50 million, even when the price of bitcoin was only $5-$10.

So if you bought a 30Gh/s unit from them for $1000 (or whatever) it would still only mine about $2.5-$5 a day worth of bitcoin. That means, excluding electricity, it would take years to ROI in USD. And of course a BTC profit is very unlikely, ever.

It's only because the price of bitcoin has gone up that customers might see a USD profit. When they sold these they knew they were ripping off their customers, and Josh is basically admitting it.

Avalon Batch #3 have just been delivered over the past week or two.

Dear PayPal,

I am formally requesting a refund for a product I ordered from BF Labs Inc.

When I ordered, I was led to believe that the item would be FCC certified as stated by Josh Zerlan, BFL's COO, as shown below.


After numerous request as to what the FCC status is, Josh has only once acknowledged the question's existence, as shown in the following exchange:


According the FCC guidelines, it's illegal for Butterfly Labs to sell such devices, let alone me owning one. Unfortunately, it's forbidden according to my lease to have ANY electrical devices that are not FCC certified or UL approved, of which I just learnt that's another certification BFL hasn't provided.

I am so sorry that PayPal is caught up in this mess, acting as the liaison between two parties in the capacity of money transferring for products that are clearly illegal to ship via the USPS and owned by the public.

I look forward to your reply.

Regards,

Al Paca Bitcoiner.

Very true! Never considered that. A sale != order

+1 to you good sir!

According to the law, a sale is only a sale if you actually received your merchandise. Respond back to BFL that you don't wish to cancel a sale, that you wish to cancel an order. If you like, you can say the reason is because the sale never took place because you never received your product. 

BFL is sneaky saying all sales are final. While true, it does not apply to you.

I will do that, I already filed a report with the FTC too.

The point I was trying to make is that you will not get the refund from BFL. Paypal, the FTC or my credit card issuer will have to. If they were an upstanding business they would have immediately processed my refund request.

 

Yep! Joshua fell for the oldest confidence trick in the book. Sadly Luckily, he'll fail to heed your advice.

(new customers to PAY for the refunds)³

Joshua you are a sad sock puppet. What you don't realize is Sonny is setting you up for such a monumental fall. Your lack of intelligence makes you such an easy target. Your arrogance and condescension will be the end of you. I hope your mother is proud of the dirtbag she raised. What goes around comes around. Don't drop the soap.

BTW
Will you still make your September deadline?
Why are you intent on violating FTC regulations with your refund policy?
Are you shipping 400 units per day?

Don't give up. Call Paypal and explain how BFL is violating the Paypal Terms of Service.