BFL Group Buy[ANY GRADE] | Bitcointalksearch.org

Bitcoinorama

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Quote from: John (John K.) on June 01, 2013, 11:04:57 PM

Just FYI, I'm still sceptical of whether I should escrow BFL chip group buys. :/ I would prefer that the chips were somewhat more confirmed before even starting this as given their track record, 100 days could easily turn into 1000 days... (and I'll need to hold the coins for god knows how long Shocked

)

FYI, my gut never lies to me!!!

tvbcof

legendary

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Quote from: John (John K.) on June 01, 2013, 11:04:57 PM

Just FYI, I'm still sceptical of whether I should escrow BFL chip group buys. :/ I would prefer that the chips were somewhat more confirmed before even starting this as given their track record, 100 days could easily turn into 1000 days... (and I'll need to hold the coins for god knows how long Shocked

)

I think you are demonstrating good instincts here. Your whole operation could be clouded during the course of such a transaction, and there seem to be plenty of opportunities to deal with parties who have demonstrated some legitimacy. Or at least not the converse.

Also, it does seem that BFL has the ability to manipulate supposedly independent third parties. Software developers, betting site operators, etc. Why take the risk when it seems that there is good business elsewhere? If I were doing any business associated with BFL, I would only do so under some sort of a multi-agent arrangement where two out of three (or whatever) agents needed to agree in order to actually move money.

ecliptic

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Quote from: John (John K.) on June 01, 2013, 11:04:57 PM

Just FYI, I'm still sceptical of whether I should escrow BFL chip group buys. :/ I would prefer that the chips were somewhat more confirmed before even starting this as given their track record, 100 days could easily turn into 1000 days... (and I'll need to hold the coins for god knows how long Shocked

)

Well said. This could be very complicated and ugly if not outright bad

smoothie

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LEALANA Bitcoin Grim Reaper

Here is the LOGIC:

1. BFL has 60,000 back orders from pre-order customers dating back 1 year.

2. If BFL had the money to fill those orders with enough chips, they would have put in an order large enough to start shipping in large quantities.

3. Their solution to not being able to purchase enough wafers to fill their obligations is to have more suckers including existing preorder customers PAY FOR IT.

4. If they have the ability to do what they claim (ship en masse 400 units/day) why haven't they already placed a huge FUCKTON order for these chips?...

BFL is a scam essentially because of this.

BFL has failed to deliver on every promise they have made.

Roll Eyes

dogie

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dogiecoin.com

Quote from: PeZ on June 02, 2013, 02:12:52 AM

Quote from: cryptograd on June 02, 2013, 12:10:56 AM

TRUE AMERICAN SLIME

You realize you are slagging an entire country?

= they are slime, who are americans. Not americans, who are slime.

PeZ

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Quote from: cryptograd on June 02, 2013, 12:10:56 AM

TRUE AMERICAN SLIME

You realize you are slagging an entire country?

smoothie

legendary

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LEALANA Bitcoin Grim Reaper

Quote from: John (John K.) on June 01, 2013, 11:04:57 PM

Just FYI, I'm still sceptical of whether I should escrow BFL chip group buys. :/ I would prefer that the chips were somewhat more confirmed before even starting this as given their track record, 100 days could easily turn into 1000 days... (and I'll need to hold the coins for god knows how long Shocked

)

+1 John is smart.

The chip sale has a stench around it that is emanating throughout this forum.

cryptograd

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Merit: 10

what a piece of s**t person/company

how are you going to announce chip sales when you havent even delivered 1% of your ridiculous 6,000+ order queue 8 MONTHS AFTER TAKING PEOPLES MONEY!

BFL is the the biggest disgrace to bitcoin, they are taking the entire mining community for a bunch of fools, and frankly dont give a flying f**k about the bitcoin community or the network. TRUE AMERICAN SLIME

Bicknellski

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Quote from: cryptograd on June 01, 2013, 08:43:12 PM

Yifu Guo of Avalon skeptical of Butterfly Labs

http://www.youtube.com/watch?v=UtVx26LlNXA

+1 Insightful.

Ignoring OP and this thread. Nothing of value in this post just more failed promises.

CanaryInTheMine

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between a rock and a block!

Quote from: John (John K.) on June 01, 2013, 11:04:57 PM

Just FYI, I'm still sceptical of whether I should escrow BFL chip group buys. :/ I would prefer that the chips were somewhat more confirmed before even starting this as given their track record, 100 days could easily turn into 1000 days... (and I'll need to hold the coins for god knows how long Shocked

)

I guess you didn't check with John first... interesting

bystander

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Quote from: cryptograd on June 01, 2013, 08:43:12 PM

Yifu Guo of Avalon skeptical of Butterfly Labs

http://www.youtube.com/watch?v=UtVx26LlNXA

Thanks for posting this, I saw two or three people with their phones filming while we gathered around Yifu and had been hoping it would be posted on YT. Before he was handed the ice cream I recall had a few choice words about BFL as well, but he got into it here.

edit: yt

John (John K.)

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Away on an extended break

Just FYI, I'm still sceptical of whether I should escrow BFL chip group buys. :/ I would prefer that the chips were somewhat more confirmed before even starting this as given their track record, 100 days could easily turn into 1000 days... (and I'll need to hold the coins for god knows how long Shocked

)

PeZ

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Activity: 297

Merit: 250

Grade A or go home. Cheesy

PuertoLibre

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Quote from: Unacceptable on June 01, 2013, 10:19:18 PM

Having chips is nice.....BUT,who's doing the board design Huh

I don't see BFL releasing specs anytime soon...............................

The big question is, can the open source guys:

A) figure out what is wrong with the design themselves?
B) Do what BFL fails to do and what keeps BFL from en masse shipping?

It seems strange at this point to start selling chips when the design(s) across several product lines aren't even really properly working or fully implemented yet.

It is gonna be a gamble at this point to buy into it. If the problems are good enough to keep BFL going into delay after delay, then what are open source manufacturers going to do better?

Unacceptable

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Having chips is nice.....BUT,who's doing the board design Huh

I don't see BFL releasing specs anytime soon...............................

cryptograd

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Yifu Guo of Avalon skeptical of Butterfly Labs

http://www.youtube.com/watch?v=UtVx26LlNXA

Streets 2.0

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FRX: Ferocious Alpha

*facepalm*

Im sorry, but BFL chips will never ship https://bitcointalksearch.org/topic/m.2344495

starsoccer9

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Quote from: TheSwede75 on June 01, 2013, 08:30:25 PM

"Why should we trust you?
Feel free to check my OTC rating http://bitcoin-otc.com/viewratingdetail.php?nick=starsoccer
Please note tho that most of the negatives are fake
Also i have added a 10cent fee per chip which would discourage me from stealing"

Nothing here makes any sense! Huh

Also, why do you need 50% upfront? JohnK could hold the first 50% in escrow until the buy is full, make payment for us and then collect the remaining 50% when BFL requires it. They way you have it structured it would still be wildly profitable for you to scam people out of what would be 50% of a possible almost $400.000!

That is a good point. I didnt think of that i will change it now

TheSwede75

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"Why should we trust you?
Feel free to check my OTC rating http://bitcoin-otc.com/viewratingdetail.php?nick=starsoccer
Please note tho that most of the negatives are fake
Also i have added a 10cent fee per chip which would discourage me from stealing"

Nothing here makes any sense! Huh

Also, why do you need 50% upfront? JohnK could hold the first 50% in escrow until the buy is full, make payment for us and then collect the remaining 50% when BFL requires it. They way you have it structured it would still be wildly profitable for you to scam people out of what would be 50% of a possible almost $400.000!

starsoccer9

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Quote from: starsoccer9 on June 01, 2013, 08:02:58 PM

Escrow is being offered with john, 50% escrow 50% just like butterfly labs

also I added your other question to the top and modified the pricing now

starsoccer9

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Escrow is being offered with john, 50% escrow 50% just like butterfly labs

PuertoLibre

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Question:

Why should we trust you?

Why aren't you offering escrow?

starsoccer9

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I will be doing a group buy for BFL chips. It will work as follows you PM me with the amount of chips and the grade you want. i will after I get a few orders put it all into a google doc. I will reply with a bitcoin address to send to and ask for your refund bitcoin address. You must send at mtgox usd 24hour avg to make it fair at the current price without the discount. If we get the discount you will get reimbursed. If you dont want to send directly to me you can work something out with john to have him hold half of the coins and the other half must be sent to me directly to pay for the BFL chips. Once we reach atleast 1k per grade or atleast 30days I will end the group buy and purchase the chips.
https://forums.butterflylabs.com/announcements/3014-butterfly-labs-announces-bulk-chip-sales.html

EDIT: As stated by TheSwede75 i will offer to allow you to fully escrow your bitcoins with john until the point when i have to buy it. He will then have to pay them the 50%.

Grade A: 16 Engines - $97.1/chip
Grade B: 15 Engines - $93.1/chip
Grade C: 14 Engines - $89.1/chip

Grade D: 13 Engines or less - $83.1/chip

FAQ BELOW:

when will there question in the FAQ?
Now

Why should we trust you?
Feel free to check my OTC rating http://bitcoin-otc.com/viewratingdetail.php?nick=starsoccer
Please note tho that most of the negatives are fake
Also i have added a 10cent fee per chip which would discourage me from stealing

Topic: BFL Group Buy[ANY GRADE] (Read 2015 times)