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Topic: Butterfly Crash - page 2. (Read 6889 times)
дык eптa
Hehe. I pleased you like my Iranian emphasis
C кaкиx пop иpaнцы пишyт киpиллцeй?
can you take a high res (or at least better than that crappy video) picture and post it?
i want that guys phone number
600 East 125th Street, New York, NY(646) 672-6767
I will erase this phone in 10 mins. You really need to call there. Mostly everyone here.
1bGSponsor01jkIranian980FreeDom
so you called your chinese friend and told him what?
"i want the latest ASIC technology, a chip layout for mining bitcoin and a dev kit so i can hook it up to my laptop?"
i want that guys phone number
"i want the latest ASIC technology, a chip layout for mining bitcoin and a dev kit so i can hook it up to my laptop?"
i want that guys phone number
Please what is your BTC address? I want to buy it so badly! 
Hehe. I pleased you like my Iranian emphasis
Quote
gigakhashes
sure...
You sound irl just like I imagined
I don't know who is who, but the one next to Pirate looks a bit like Stephen Hawking 
That's Goat!
[quote author=kokojie link=topic=135295.msg1442371#msg1442371 date=1357680963
Which victim did pirateat40 personally meet? also I thought we only have pirateat40's suspected name and address, not a confirmed one. Maybe I'm wrong about that.
[/quote]
uhh.. I can't believe I have to do this, but just for the sake of the argument. Behold :
A photo from Las Vegas. (I couldn't find the original one without captions, but whatever)
I don't know who is who, but the one next to Pirate looks a bit like Stephen Hawking
Pirate himself
source : https://bitcointalk.org/index.php?topic=91252.60 (you could have found it in 5 second if you wanted to)..
Which victim did pirateat40 personally meet? also I thought we only have pirateat40's suspected name and address, not a confirmed one. Maybe I'm wrong about that.
[/quote]
uhh.. I can't believe I have to do this, but just for the sake of the argument. Behold :
A photo from Las Vegas. (I couldn't find the original one without captions, but whatever)
I don't know who is who, but the one next to Pirate looks a bit like Stephen Hawking
Pirate himself
source : https://bitcointalk.org/index.php?topic=91252.60 (you could have found it in 5 second if you wanted to)..
BFL = scam possible, but unlikely.
Let me repeat it for you, in case you didn't understand : BFL managers were convicted of a huge scam in past. They took several million dollars. Btw BFL just showcased their ASIC miner at CES:
http://bitcoinmagazine.com/asic-mining-updates-asicminer-deploying-butterfly-demonstrating-at-ces/
blah-blah-blah, blah-blah-blah... Where are the fucking chips? Does it able to mine right there? http://bitcoinmagazine.com/asic-mining-updates-asicminer-deploying-butterfly-demonstrating-at-ces/
Let's see how they are similar:
1. BTCST was operated by one unidentified unknown person. BFL has nearly 20 employees and we know exactly who their CEO is or where he's located at.
2. BTCST promised something that was mathematically impossible to sustain for any extended period of time. BFL promises something that is very possible by utilizing known technology, and the same product is being worked on by several other companies.
1. BTCST was operated by one unidentified unknown person. BFL has nearly 20 employees and we know exactly who their CEO is or where he's located at.
2. BTCST promised something that was mathematically impossible to sustain for any extended period of time. BFL promises something that is very possible by utilizing known technology, and the same product is being worked on by several other companies.
1. wrong. people knew his name, face and address. he even personally met with his victims prior to the scam. regarding BFL, yes, we know their management. we also know that prominent members of BFL were convicted for a multi-million scam in the past.
2. feasibility of scammer's promises has nothing to do with his willingness to fulfill them.
it seems that Pirate and BFL guys have more in common than you previously thought, right?
Which victim did pirateat40 personally meet? also I thought we only have pirateat40's suspected name and address, not a confirmed one. Maybe I'm wrong about that.
True, feasibility does not guarantee it's not a scam, but non-feasible business is a guarantee that it is a scam. So BTCST = 100% scam. BFL = scam possible, but unlikely. Btw BFL just showcased their ASIC miner at CES:
http://bitcoinmagazine.com/asic-mining-updates-asicminer-deploying-butterfly-demonstrating-at-ces/
Let's see how they are similar:
1. BTCST was operated by one unidentified unknown person. BFL has nearly 20 employees and we know exactly who their CEO is or where he's located at.
2. BTCST promised something that was mathematically impossible to sustain for any extended period of time. BFL promises something that is very possible by utilizing known technology, and the same product is being worked on by several other companies.
1. BTCST was operated by one unidentified unknown person. BFL has nearly 20 employees and we know exactly who their CEO is or where he's located at.
2. BTCST promised something that was mathematically impossible to sustain for any extended period of time. BFL promises something that is very possible by utilizing known technology, and the same product is being worked on by several other companies.
1. wrong. people knew his name, face and address. he even personally met with his victims prior to the scam. regarding BFL, yes, we know their management. we also know that prominent members of BFL were convicted for a multi-million scam in the past.
2. feasibility of scammer's promises has nothing to do with his willingness to fulfill them.
it seems that Pirate and BFL guys have more in common than you previously thought, right?
Although I shouldn't be saying this, because I'm holding mah btcs, I have to say : guys, you're fucking stupid.
Some of the you claim to not see any link between potentional BFLfailure scam and a price crash. You obviously don't understand how markets work. Trust is the single most important thing on financial markets. If people are upset that they got scammed (again!), they quickly get the feeling that bitcoin is doomed. Yes, it is strongly exaggerated, but investors tend to exaggerate. Also, since bitcoin is an emerging market it needs new investments. Bad publicity = close to no new investments.
And before you start saying : 'hurr durr, real life scams don't make dollar price fall' let me say that you can't compare bitcoin to dollar.
Also, for those of you who say that bad news in 2012 didn't affect the price at all, please go see a doctor. There's something wrong either with your memory or eyes.
If When BFL managers hit the road with gullible people's money in their pockets, the price is going to go down for at least a few days. The only reason why I'm holding btcs right now is to exploit the recent discrepancy between Bitstamp and MtGox prices.
Some of the you claim to not see any link between potentional BFL
And before you start saying : 'hurr durr, real life scams don't make dollar price fall' let me say that you can't compare bitcoin to dollar.
Also, for those of you who say that bad news in 2012 didn't affect the price at all, please go see a doctor. There's something wrong either with your memory or eyes.
Your point of view make sense as well. But the qualities of BTC are above this little scammers. See the situation with pirateat40, which caused the market to go down for some months and now we are near to have recovered the highest point before pirateat40 default. The people who invested into BFL are much less than into pirateat40 and after pirateat40 there was a huge default of GLBSE and still we are up. The BFL default could give some impulse downstairs, but in the same time the impulse upstairs it would give should be much more powerful.
Of course someone might be turned down, by his loss from the BFL investment, but going away those people the market will became more mature. I wouldn't paragon BTC market with the standard joins-stock exchange market or forex market, because there are a lot of political and macroeconomical manipulation there, while BTC market being smaller in a way is much healthy (personal opinion).
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