Topic: BFL May 12th Update - page 3. (Read 4488 times)

I don't think pirateat40 had a 'downfall' either.  His operation had a distinct endpoint although it was not predictable exactly when it would happen.

When I say 'downfall', I mean only that I don't believe that the BFL operators will end up in jail or even find it necessary to undergo clawbacks for a significant fraction of their take.

Plain and simple.

You should make a thread about this specifically before it is too late.

That looks right, I don't thing there are more than 50 orders for mini rigs

If people used Paypal after April 1st. Then, the noobs will request refunds in about 2 to 3 days if they still want PayPal Buyer Protection.

Without it, they are at the mercy of BFL.

The updates don't seem to be much of anything other than reasons for delays.

It is unfortunate more people are getting sucked into paying for something that has yet to ship in any quantity at the specifications they promised.

Yup. This just goes to show how wasteful BFL is in their R&D for ASICs. Just imagine how much more wasteful they were/are on their development with the fab(s).

Utter fail.

Best part about this are the many many cases they are bought for the asics i know some picture with a warehouse with 40 - 50 cases ^^

NFL so many lies!

Your statement above is already a fail.

They missed their October, Nov, Dec ... April dates for shipping.

They missed their specs. Mini Rig has no real solution (their supposed cases are too small)

just to name a few things they set out to achieve and failed.

So no your expectations are already in the clouds and unrealistic when it comes to BFL.

Plain and simple.

Pride goes before a fall.

BFL and Josh are no different. Josh is too prideful to see it until he will hit rock bottom.

Just watch folks...it isn't hard to spot.

PirateAt40 suffered from this as well as MNW.

Hmm.. i never said anything about BFL before.. and i know i have spent the kid's food money on a miner (which i'm really ashamed for). But this is outrageous. When someone gives you money, you just don't fuck around for almost a year. Wake the F** UP! It's almost June! When will i ever get my Little Single? You know what? F You! I don't give a rat's ass when. Go shove it up yours! $818 is out the window, but i'm sure there are lots of people with REAL capital invested in this ratrace. Phinnaeus Gage is absolutely right! So is everybody else here. You just don't say it will ship when it's done. If you say this here, at a global, multinational company that i work for, you'll get fired instantly. Above all, it's a U.S. based company! So, calming my nerves with a bit of chocolate, i say THIS:

I have a group-buy open for Avalon chips. I also want to build PCBs for them. Currently i've passed the design to the factory so they can make a BOM and give me a quotation on the modular boards. I have also passed the Klondike design to get a quotation for smaller, 16 chips PCBs. Let us diversify the ASIC offer. I would gladly cancel my March BFL order and have that $800 invested in this. Why?  Because i will deliver a lot sooner for myslef than BFL will ever deliver for me. I have realized this a lot earlier, but BFL doesn't give a shit about us. Do you know what's even better? I will deliver 5 GH at a smaller price than BFL! Why? Just for the heck of it. Just because i can! I'm asking 0.079 BTC for the Avalon chips on the group-buy. Why? Because i can!
I'm sick of people making fun of us. And i will try to cure Bitcoin's black eye(s), because i beieve in it.

Best regards to all,
Steve

what i dot understand is one point ,

BFL ask her Customer for a refund or a new waiting time for a few weeks ...

when will the customer demand again?

after 3 Month ? 10 Month ?

One time in Nashville I had a redneck drywall subcontractor tell me that he'll finish it at his own pace. That wasn't good enough, for the superintendent for Centex homes was already on my ass to get that house done, already two days behind schedule. I was in jeopardy of losing that subdivision all over only one house ever being behind because the super for Centex had a higher up wanting to get his pet drywall crew in that sub.

I told the redneck right then and there to pull off the job, whereupon he spat in my face. I handed him a drywall knife and told him to now go and slice my tires along with informing him that since he knew where I lived to make sure and put sugar in my gas tank.

I call my dependable Jose and instructed him I needed this house done within 24 hours. It was about three in the afternoon when Jose shown up and started with his crew. Come morning, not a soul was around the house, as I drove by it directly to super's trailer to give him the news.

Inside the trailer, the super looked me in the eye and asked if the house was done. Since I didn't stop to look nor spoke with Jose, I still looked the super in the eye and said yes. Then proceeded to tell him to get the painter and trim carpenter in there otherwise he's going to get behind on that house and that he was replaceable.

He didn't believe me, so we both jumped into his truck and drove to the house. Sure enough it was 100% hang, taped, finished, and dried (quickset was used). He couldn't believe his eyes. I informed him to have the painter spray some KILZ^® on all the mudded areas so that there's no chance for the chemicals in the quickset to bleed through the paint.

How did I know Jose had the house done without me seeing it first-hand with only a drive-by? Jose never let me down. His word was as good as gold. How was I able to never lose a drywall contract to the competition? Among other things, I never once even thought telling a home builder that it'll get done when I get it done.

Bottomline: I 100% believe that BFL is going to go down and there will be many of their customers hurt when they do. Not to mention it give Bitcoin another black eye.

That outfit is a bunch of lying conniving pieces of shit. Anybody who doesn't see it has some serious issues of their own I'm sad to say.

Unless they ain't right in their head, not a single customer of BFL would let somebody doing work for them get away with saying, "It'll get done with it gets done!" Not a one. Yet here you are accepting the same and paying in advance for the pre liege, whereas my example consisted of ridding the clown sans payment due to lack of performance.

Here's the sad part: Because I expressed the above, I will probably suffer the consequences, over and beyond seeing my ignore turn a brighter orange.

I haven't gone off the deep end yet. I'm saving that for after July if fuckface Boussac doesn't pull through. If that be the case, all mother fuckin' hell is goin' to break loose.

Separating fools from their money.

Please define "effective"  

Doesn't effective project management imply deliver products on time or at least having a clue when they will be delivered?

And when I saw the shouting matches he got involved with online, with people that had paid him money in good faith, I was really shocked. He behaved like an arrogant little prick, that didn't have a iota of understanding of how to treat valuable clients.

This isn't how real CEO's behave. Its not even how project managers behave. If anyone representing a company I know behaved like that online, they would have been fired on the spot.

he's incredibly immature and shouldn't be running any kind of company, let alone a cutting edge tech company. But he certainly shouldn't be doing "customer support" either - its probably the worst ever client "reach-out" I've seen - all that name-calling crap should be left for pre-school, not trying to present yourself as a professional outfit.

I don't care how "bright" you are. Some jobs you are suited for, some you plainly just are not.

That is one of the few things Josh has said that I actually don't doubt all that much.  Like it or not, the guy probably is fairly bright and effective at what he does.  Unfortunately that is also why a lot of people are out a lot of money.


I don't think there will be a 'downfall' to BFL.  I think they will achieve everything they set out to achieve and probably more than they expected to.

And here we seem to cut to the chase of BFLs failure: Arrogance and total lack of project management.

Josh: "I have told many a supervisor that it will be done when it's done."

Never in my whole work experience (25 years in IT) did any one of my superiors accept a "it's done when it's done". They always wanted to have some estimate (time, effort or money wise). This simply is the way professionals work.
 

Josh: "That's the thing about being in a position where your skills are valued and you aren't just another cog in the machine."

Josh is hinting that only in "his position" one can do whatever he wants, because his skills are so much more valuable than the skills of anyone else (aka us worker slaves). That he doesn't have to play by the rules.

This ignorance and this arrogance will be the downfall of BFL.

From the butterflylabs.com own FAQ: "Our orders date back to June, 2012" - not much more to say is there.

The truth is these people promised stuff they had no idea when (or probably even if) they could deliver. If an offer looks too good to be true, it probably is. In this case, it definitely was.

Greed comes in many shapes and forms.

If you announce a delivery date and you don't deliver then people that trusted and paid good bucks have the right to inquire about the process. Easy.