Topic: BFL RIP OFF... price up 90%, 50GH/s for 2499$. - page 5. (Read 13878 times)

I think part of the thing with some of the BFL supporters is that they, understandably, want to believe that they didn't get ripped off, and that they made a good choice to go with BFL. So they are more inclined to be strung along by constant 'we'll ship in two weeks'.

I'd probably feel the same way if I preordered with them.

I think just logically though, if you look at the company's track record so far, I just don't see them shipping for at least another month.  Honestly I think I lost faith that BFL will be able to produce the products (they already sold) at all. Still nothing like a single completed prototype. It'd be a miracle for them to figure out the engineering problems and then ramp up to any sort of reasonable production level.

Going such lengths to 'win' the shipping bet is also a huge red flag to me. Putting that much energy into 'winning' the bet leads me to believe they aren't even working on developing the product at all. If I was them and 8 months behind or whatever, I'd be pulling 18 hour work days trying to get it done. Maybe they gave up?

How many units did they sell anyways? How many 1000's? I don't see it happening anytime soon and feel bad for people who bought in.  

edit: ya I'm going to stop commenting on BFL. I don't have any money in... my opinion doesn't matter too much on this...

Best of luck. You do realize people sent BFL 5000 Bitcoins to pre-order minirigs in June of 2012 right? Those bitcoins would now be worth $695,000 now and the product is not only undelivered TEN MONTHS LATER, but it's been cancelled because BFL cannot even build it. Now that's what I'd call a sh1t sandwich.

A bet on BFL is a proven loser again and again.

I have some pics of tyres and rims I can send you.   Do you believe I can build a race car since I built a go cart?

hmmm.... I don't follow your logic here.

I had the same thoughts and missed out on the avalon preorders. BFL at least has pics of boxes with fans, the chips, the working unit hashing. First time someone saw an Avalon and knew it hashed was after it shipped to  jeff. So i'm content to gamble on bfl for now.

Fair enough.  

From what I have read I wouldn't conclude that they have any viable products yet, or will anytime soon, so my opinion is different.

Raise their prices on WHAT? Exactly?

"Greed is Good" Gordon Gekko

Simply because is seems they now have all the components now. Sounded like they were throwing in the towel to achieve original power hash specs and will ship with what they got. Prices raised to deal with increased pcb and chip costs. Businesses do that to keep profit margin steady when input costs go up. That's how i interpreted this whole change. But hey who am i to complain, i asked for them to raise prices on thier forum lol.

+1

Have they requested FPGA trade-ins be returned yet? Nope.

How many times must BFL crooks lie about shipping dates before people stop assigning anything they say any credibility at all? Really.

Use the $650 to buy bitcoins and in 6 months when BFL starts shipping, you'll look at the value of your bitcoins and be so glad you didn't waste your money on a pre-order now.

What are your reasons for thinking this?

Sorry you just used the definition of fanboi wrong. fanboi would never say the company they are a fanboi of sucks. I havent seen that many fanboi's here, just people who see that BFL is a real company and now has a working asic. Dont think any of these fanboi's as you put it wouldnt want to have been part of avalon's group1 presales. Hell im sure a lot of the people who got group 1 avalons are still in the bfl preoder queue. We are all here to mine, lets stop the us vs them mentality.

Does BFL's customer service and project mangement skills suck? Yep. Do i think they will start shipping within a month. yep. Have i been wrong before? yep.

Because:

...because BFL has never shipped an ASIC mining product and Avalon has? Because Avalon buyers have actually been given a real shipping date? The time for BFL fanbois to point at other companies and say "hey BFL sucks, but look at them!" has passed. BFL is the only ASIC mining vaporware provider left. ALL of their competitors have either sunk or swum, which is sad really as BFL was the first to announce an ASIC product. Avalon and BFL are not in the same league. One is an ASIC hardware vendor and the other is a vaporware producer that just raised their prices and cancelled products that they never even produced.

I was going to order the $650 yesterday.

Seriously.

But not having any shipped and reading about their power consumption issues is what held me back.

I think I'm more upset they raised the price than I didn't preorder.

So let me get this straight:

2x BFL Singles is 100GH/s for ~40BTC

1x 4unit Avalon is 85GH/s for ~100BTC.

And the BFL will still use less power, even tho it's not as low as they'd hoped.

Why are you complaining again?

I didn't placed order and didn't placed a bet.

And I haven't seen yet a confirmation of their product.

What is obvious however is another lie from them, mini rig says 'out of stock', yet it is concluded many times on this forum, that the technology they have theoretically is not enough to produce mini rig. Correct suffix for mini rig on their site should be "Can't make it".

I can imagine that they weasel theme-self out of this for preorder customers, especially since they only ordered a prototype board ?

Huh confirmation for what? They are shipping already, right? There was a bet for that if they don't ship by now. And the bet wasn't won  

--- Well you are right... anyone who participated in that bet should go ballistic... I would, but i didn't bet... It can't get any clearer than that that...