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Topic: BFL power consumption / Charity Donation (Read 9016 times)

legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
June 05, 2013, 05:37:26 AM
BFL should have been more transparent and used an escrow to hold the funds while they "donate" to projects.

Of course they won't go this route because they actually have to be accountable to a 3rd party.
legendary
Activity: 1904
Merit: 1007
They have donated! And the 1000 BTC goes to *drumroll* THEIR OWN CHARITY. ROTFLMAO. Scammer tag anyone?

Created on: 06-May-13. *DOUBLE FACEPALM*
legendary
Activity: 2212
Merit: 1001
hero member
Activity: 560
Merit: 500
They have donated! And the 1000 BTC goes to *drumroll* THEIR OWN CHARITY. ROTFLMAO. Scammer tag anyone?
hero member
Activity: 924
Merit: 1000
Inequity.

Not good.
legendary
Activity: 1652
Merit: 1067
Christian Antkow
How the hell doesn't Josh Zerlan have a scammer tag for this shameless BFL gambit?
Oh, right.  They have a business relationship with bitcointalk.   Roll Eyes

https://bitcointalksearch.org/topic/scammer-inaba-208837

The discussion thread is here if you would like to express your concerns to the forum staff.

Their silence in this matter is deafening.
legendary
Activity: 1428
Merit: 1001
Okey Dokey Lokey
How the hell doesn't Josh Zerlan have a scammer tag for this shameless BFL gambit?

Oh, right.  They have a business relationship with bitcointalk.   Roll Eyes
No kidding, This is totally unfiar "We are allowed to misbehave because we pay to advertise on these forums"
full member
Activity: 236
Merit: 100
How the hell doesn't Josh Zerlan have a scammer tag for this shameless BFL gambit?

Oh, right.  They have a business relationship with bitcointalk.   Roll Eyes
sr. member
Activity: 434
Merit: 250
All the signs are there.

Anyone that gets scammed by BFL please refrain from crying on these forums.

You have been warned for about 10 months now.

Yes 10 months. Last July I posted how it made no sense how BFL could make such insane power/speed claims for their price target for preorders. Yet people still ordered for 10 months after that despite that glaring fact.

To this day they did not answer my post. And my suspicions rang true showing that BFL had no fucking clue on their specs.

I've got my popcorn ready for this fireworks show once BFL blows up.

And only you are to blame, for if you would've giving them a quarter, they would have used it purchase a fucking clue on their specs.

DAFUQ SMOOTHIE!?!
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
All the signs are there.

Anyone that gets scammed by BFL please refrain from crying on these forums.

You have been warned for about 10 months now.

Yes 10 months. Last July I posted how it made no sense how BFL could make such insane power/speed claims for their price target for preorders. Yet people still ordered for 10 months after that despite that glaring fact.

To this day they did not answer my post. And my suspicions rang true showing that BFL had no fucking clue on their specs.

I've got my popcorn ready for this fireworks show once BFL blows up.

And only you are to blame, for if you would've giving them a quarter, they would have used it purchase a fucking clue on their specs.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
All the signs are there.

Anyone that gets scammed by BFL please refrain from crying on these forums.

You have been warned for about 10 months now.

Yes 10 months. Last July I posted how it made no sense how BFL could make such insane power/speed claims for their price target for preorders. Yet people still ordered for 10 months after that despite that glaring fact.

To this day they did not answer my post. And my suspicions rang true showing that BFL had no fucking clue on their specs.

I've got my popcorn ready for this fireworks show once BFL blows up.
hero member
Activity: 924
Merit: 1000
The longer this drags on the worse it gets.
legendary
Activity: 2702
Merit: 1261
The bet was made by a representative of BFL speaking for BFL. All BFL accounts deserve the spammer tag!
legendary
Activity: 1652
Merit: 1067
Christian Antkow
Another few weeks have passed. Is there any information that BFL payed the 1000 BTC to a charity? Links?!

 There is a growing sentiment on these forums to have Inaba branded with a "Scammer" tag for not honoring this bet in a timely manner.

 https://bitcointalksearch.org/topic/scammer-inaba-208837
legendary
Activity: 2702
Merit: 1261
Another few weeks have passed. Is there any information that BFL payed the 1000 BTC to a charity? Links?!
legendary
Activity: 1890
Merit: 1003
I'll take the 1000 BTC for scholarships for needy students it would certainly help a great number of Indonesian students get a great education.... but he has to convert them to FRC first then he can send it to me.
They should instead use that 1000 BTC to buy a good chunk of the Zimbabwe industry (assuming there is any) or that of Nigeria.

With this they can then setup shop over there, avoid tons of taxes and start an AD campaign without government oversight. I know or one or two emails from Nigerian princes who need me to send them 1000 USD so I can (help them and help myself) collect on 100,000,000. If I probably help them with my proposed BTC network connections...then I will be bloody rich.

Do you know how long this guy in Nigeria had been trying to collect his 100mil? A long time...
hero member
Activity: 924
Merit: 1000
I'll take the 1000 BTC for scholarships for needy students it would certainly help a great number of Indonesian students get a great education.... but he has to convert them to FRC first then he can send it to me.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
I think they can't do the donation in the moment, because the don't have or need the money otherwise.

The new designs, etc. Neesd much money.

It really isnt our problem that they dont have the money.

Josh and BFL shouldn't have been shooting off their mouths SO QUICKLY about hitting their power/speed/price marks if they couldn't deliver either the promised specs or the 1000 BTC.

Once again this goes to show how full of shit BFL is on anything they say or claim.

full member
Activity: 221
Merit: 100
I think they can't do the donation in the moment, because the don't have or need the money otherwise.

The new designs, etc. Neesd much money.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
Update from Josh on "why" they will not be fulfilling their 1000 BTC donation bet to a charity (LOLz)...yet:

https://forums.butterflylabs.com/article-comments/182-article-bfl-offers-1000-btc-charity-if-we-miss-our-power-targets-7.html#post31151

Quote
Once we get all of our product lines up and running and everything is shipping out we'll focus on this and other areas. Right now, we don't really have the resources to figure out where $115,000+ is going to go. Contrary to popular belief, it's not easy to donate bitcoins and we aren't just going to pick a random charity and donate to it. We are going to assess the options and donate to the charities that will be most beneficial to bitcoin. I'm still of the mind to potentially offer it to EFF as bitcoins only if they'll take it... $115,000 donation is nothing to sneeze at and it would force the EFF to confront the bitcoin spectre they have been hiding from.

 Cheesy Cheesy Cheesy LOL @ ^^


1. Josh says it isn't easy to donate bitcoins to a charity.

IDEA: Find charity call them up tell them you would like to donate $XXX,XXX to them. But then tell them it is denominated in bitcoins, then proceed to show them how to cash out if they want (generally). They could even setup a blockchain.info wallet omfg lol or paper wallet for that matter.


...

2. Now the charity NEEDs to benefit bitcoin the most. Well any charity openly accepting 1000 BTC will benefit bitcoin as it would be GOOD PRESS for BITCOIN all around. Not necessarily would it be good press for BFL given the premise of the bet lol.


3. Right now they do not have the "resources" to fulfill the bet. Well lol with most of you sitting around twiddling your thumbs for the past year I think you can take a day or two to fulfill your obligations that you SHOULD be able to fulfill. ASIC development =/= Donating 1000 BTC. Oh right....

ASIC DEVELOPMENT = "IT'S HARD"

1000 BTC DONATION = "IT'S HARD TOO"

DEALING WITH DISGRUNTLED CUSTOMERS = "OH YEAH THAT IS HARD TOO...WAH WAH WAAAH"


lolz
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