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Topic: BFL RIP OFF... price up 90%, 50GH/s for 2499$. - page 9. (Read 13878 times)

sr. member
Activity: 434
Merit: 250
My guess is that they're desperate to prevent paid orders from being cancelled to stave off bankruptcy. Telling people that "all orders are final" is cute drama, but illegal in the US for a pre-order product.

I believe that is what they mean Yifu.

However according to creativx, what they are now doing is an illegal manouvre? Im unsure on the legality of this statement as I live outside the states.

http://business.ftc.gov/documents/alt051-selling-internet-prompt-delivery-rules

BFL is a US company. They cannot enact that policy and comply with FTC/SEC regs. I believe they're just posturing to stave off insolvency.
hero member
Activity: 658
Merit: 500
Caveat Emptor
My guess is that they're desperate to prevent paid orders from being cancelled to stave off bankruptcy. Telling people that "all orders are final" is cute drama, but illegal in the US for a pre-order product.

I believe that is what they mean Yifu.

However according to creativx, what they are now doing is an illegal manouvre? Im unsure on the legality of this statement as I live outside the states.
sr. member
Activity: 336
Merit: 251
Avalon ASIC Team
"all sales are final"

does that mean they don't give refunds now?
hero member
Activity: 873
Merit: 1007
God damn liars!  I guess my discount voucher is about as useful as my preorder  Angry
hero member
Activity: 756
Merit: 501
Why weren't you saying this about Avalon? They want 75 BTC ($9700+ USD) for their 64GH/s machine and 88 BTC ($11,440) for their 86+GH/s machines.

Avalon have actually shipped products into enduser hands, therein lies the difference.


I'm going to hold my tongue till units ship but honestly you guys make no sense. If/When BFL delivers; will you guys own up to the fact that those who paid 75 BTC for a 60gh/s unit were fleeced?

Uhh.... are you going to  admit BFL buyers who paid 200 BTC for a single that still doesn't exist were fleeced?
full member
Activity: 238
Merit: 100
Outrageous.  "We haven't made a single one, but go ahead and pay us double and we'll deliver just as many!"  Roll Eyes
legendary
Activity: 3878
Merit: 1193
What are they going to do with all those Mini Rigs Boxes with Fans? Refurbish? Devices to cool down all the hot air from Loudmouth Josh Zerlan / BFL?




That's the new Little Single. 1 chip per motherboard. 1 fan per motherboard. Just wait until you see the Big Single.
sr. member
Activity: 454
Merit: 252
BFL and Avalon are just following supply and demand

supply of ASIC devices is near zero at the moment
demand for miners is high since BTC are now > $100 USD and there are only 2 games in town, Avalon and BFL (or buying shares in asicminer)

how much it actually costs to make has almost no impact on price. At some point in the future, the supply of Avalons and SCs will be higher and prices will come down.


Dude,
BFL is a joke so do not compare them with Avalon.  
Please
 
Supply ? What is BFL supplying actually and raising the prices on top? I can supply fancy video also. Mine would be  better than BFL's one.Please send me at least 2K x 1000000 times Cheesy
 
Their current behavior is ridiculous for me. Probably this is their last card to play (to win some bump time or whatever next excuse is) before massive wave of refund will put them in history where they belong
 

I said supply is near zero... there are no devices... But people are still buying them, thus the demand. You may think it is a joke, but you're not the one giving them more money (and neither am I).

It doesn't matter what you think, people are still giving them money and they have do not enough devices to ship (because they have no devices to ship). Of course they're going to raise the prices.

Avalon and BFL are in the same boat: people keep wanting to buy them, but neither have enough to ship to fulfil all the demand - so raise the prices. Avalon has a few hundred to ship and BFL has zero, but it works out the same in the end - raise prices.
sr. member
Activity: 434
Merit: 250
My guess is BFL wants to actively discourage new orders due to their supply problems and chip issues. By raising the price and lowering performance, some people will still be interested and place orders bringing in much needed revenue, but they can avoid a huge flood of orders once they start shipping (that they probably can't fill in a timely manner)

My guess is that they're desperate to prevent paid orders from being cancelled to stave off bankruptcy. Telling people that "all orders are final" is cute drama, but illegal in the US for a pre-order product.

All of this comes on the heels of ASICMiner announcing their own hardware sales plans. The current market trajectory will result in another insolvent US ASIC mining hardware vaporware vendor. The two Chinese companies are cleaning their clocks.
member
Activity: 229
Merit: 10
I have a Jalapeno pre-order that BFL promised to upgrade 3 weeks ago into a Single. I wonder if they delayed upgrades on purpose knowing that they are going to have a price change, and instead telling us that the new "upgrade order system" is being installed. I'm certain that now they will ask upgrade orders to pay the new price instead of the old price.
hero member
Activity: 490
Merit: 500
ITT: People who pre-ordered and canceled or didn't pre-order at all, whining that they missed the boat.  Grin
What boat?

The BTC 75 ($10,000 today) boat.  Wink

The least they could do is accept only BTC payment, like Avalon, and provide demand for Bitcoins.
hero member
Activity: 490
Merit: 500
What are they going to do with all those Mini Rigs Boxes with Fans? Refurbish? Devices to cool down all the hot air from Loudmouth Josh Zerlan / BFL?

They can fill them with all those trade in FPGA Singles. Someone will still buy a 25Gh/s FPGA Mini Rig if it's "in stock".
hero member
Activity: 481
Merit: 500
I created a thread with this same topic and the mods deleted it, meanwhile there are lots of other threads complaining about BFL.
newbie
Activity: 54
Merit: 0
BFL must have profited more than 2-3 million $ during this period all the time mining and raising difficulty and what it is giving is 90% rate hike. WTF  BFL
legendary
Activity: 1610
Merit: 1000
BFL and Avalon are just following supply and demand

supply of ASIC devices is near zero at the moment
demand for miners is high since BTC are now > $100 USD and there are only 2 games in town, Avalon and BFL (or buying shares in asicminer)

how much it actually costs to make has almost no impact on price. At some point in the future, the supply of Avalons and SCs will be higher and prices will come down.


Dude,
BFL is a joke so do not compare them with Avalon.  
Please
 
Supply ? What is BFL supplying actually and raising the prices on top? I can supply fancy video also. Mine would be  better than BFL's one.Please send me at least 2K x 1000000 times Cheesy
 
Their current behavior is ridiculous for me. Probably this is their last card to play (to win some bump time or whatever next excuse is) before massive wave of refund will put them in history where they belong
 
full member
Activity: 190
Merit: 100
Well,
Avalon showed that PPL will pay crazy sums for those machines. So why not ?

Well they cant show a product yet, but maybe this keeps some of the crazies away that preorder a yalapeno and think they'll get insta-rich with that. Hope they wont ship before July (even with preorders there).

Cheers
hero member
Activity: 530
Merit: 500
ITT: People who pre-ordered and canceled or didn't pre-order at all, whining that they missed the boat.  Grin
What boat?
legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
Why weren't you saying this about Avalon? They want 75 BTC ($9700+ USD) for their 64GH/s machine and 88 BTC ($11,440) for their 86+GH/s machines.

Avalon have actually shipped products into enduser hands, therein lies the difference.


I'm going to hold my tongue till units ship but honestly you guys make no sense. If/When BFL delivers; will you guys own up to the fact that those who paid 75 BTC for a 60gh/s unit were fleeced?

Fleeced, lol.  Your funny.  They will ROI and once that happens it doesn't matter.   Funny economics going on around here.
hero member
Activity: 1162
Merit: 500
What are they going to do with all those Mini Rigs Boxes with Fans? Refurbish? Devices to cool down all the hot air from Loudmouth Josh Zerlan / BFL?


hero member
Activity: 1162
Merit: 500
Can someone please stop this scammers!

It still says "order now". Should be "pre order now". Or "pre order now - ships in Dezember 2013".



Minirig "out of stock". LOL!!! So many buyers for an empty Box with Fans?  Wink
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