Hi,
Few days ago I ordered 2 Monarch cards from BFL.
When I ordered they say delivery is estimated in October/November.
Now I see the first batch is sold out (
http://www.butterflylabs.com/monarch/)
But the delivery dates they publish for the sold out dates are... "November/December"
Looks like they got another month delay just few days after they start taking orders...
If they finish the "tape out" few few days ago and at that time they estimate 60-90 days what can change now to get an estimation of 90-120 days.
With 60-90 days was a risky bet to buy... with 120 is a suicide.
I know may I have been an idiot buying from them.
Regards
Investopedia explains 'Bait And Switch'The bait and switch tactic has gained notoriety in the mortgage market as an unscrupulous marketing tactic meant to drive business. In a mortgage bait and switch an agent or company will post exceedingly low mortgage rates, knowing full well that the vast majority of applicants will be unable to qualify for these teaser rates. Once customers begin to come into the office to inquire about the low rate, the agent will proceed to offer them the higher rates they are more likely to qualify for, thus earning greater commission.
A seasoned bitcoin miner might explain the 'BFL Bait And Switch'The bait and switch tactic has gained notoriety in Bitcoin as BFL used this unscrupulous marketing tactic meant to drive increased presales when they run low on funds for future product development. In the BFL bait and switch they post exceedingly short shipping dates and untested or unverifiable specifications on a yet to be designed ASIC miner knowing full well that the vast majority of applicants will be "unable" to pre-order before the these teaser early shipping dates are sold out. Once customers begin to pre-order BFL then changes the shipping date on the later orders to February 2014 from the originally proposed November December dates proceed. Thus securing BFL more funds for developing these miners they do not even have any gerbers files or tested units to base the claims they specified. Further the people still waiting for their original orders of ASIC miners are left wondering why the company is pushing newer hardware given they have failed to ship 85% of the orders they already have and have failed to miss every shipping projection they posted since October 2012.