Topic: Butterflylabs Huge SCAM - page 114. (Read 415652 times)

Good read.

I suspected them the whole time.

So has anyone ever received anything from BFL?  Or has anyone ever seen one of these machines in action in person?

Yeah, I had a feeling you guys would be passionately in love with my post  

But the question remains:

When BFL first announced that they were coming out with their FPGA miners did they also have to take all this heat?

I was often wondering what all those BFL employes (from this company video) do all day. Surely they can't assemble ASIC miners - since those are still in prototyping phase.

But when you go to http://forums.butterflylabs.com/ you know what they do all day: Keeping a clean and positive "aura", praise and cheer BFL to the skies ...

creativex, Frizz23, thanks for the quick shutdown of Kuzushi. I was hesitating to call him a BFL shill but its quite obvious. They are everywhere on this forum. I think we need to keep this thread honest because people are still falling for the BFL scam to this day. I was going to pull the trigger on a BFL unit a while back untill I had the good luck to find this site and read up on the company.

People on this forum saved me from being one of the "lost generation" of bitcoin miners.

A big "Thank You" to everyone on this forum who allowed me to see behind the curtain. 

Well, I have a BFL pre-order in. I think they'll deliver it, eventually. I suspect it will be worthwhile in the long run, but thie is Research and stuff does have problems.

Ok, so you're very very new to this AND an early adopter ?


Haha, this looks like pure, perfect textbook scamming!

This is a terrible analogy to what BFL is putting its customers through.

How about a casino game where you are promised a win, then the rules change and you don't get paid. But you get your money back and are told that the new rules guarantee a win if you leave your money at the casino for another two weeks. Then two weeks later the same thing happens. This same thing happens every two weeks for a year. Keep in mind that you are in a line with over 10,000 other players waiting to get paid. Would you feel cheated? You always had the chance to get your money back. But you were lied to every two weeks about the rules of the game.

Meanwhile, people are making huge profits playing at every single other casino.

You BFL shills have no shame, have you?

Trying to lure even more people into this pre-order pyramid scam.

- speechless -

No offense intended, but you were spot on here...then you just trailed off.

BFL reps lie constantly about everything, THAT'S the problem, not that new technology is risky or that there are delays. Back in October of 2012 Josh was endlessly spouting off about how this delay or that delay wouldn't be a problem because of all the "extra padding" built into their "worst case scenario". Guess how all that turned out? It's like this at every turn...everything BFL related takes 10x as long as what they say and different reps cite different delivery schedules. They're a total mess, unable even to keep their lies straight.

I'm very very new at all this so if this post seems a bit naive then yes.....guilty as charged.

Everyone that preorderd a BFL ASIC device must have understood that they were taking a chance on an emerging technology.  I know how frustrating it can be to wait, and we all secretly wanted the mail man to ring our doorbells product in hand the day after we pressed the "Buy Now" button, but waiting is part of the game, it's part of the risk of being an early adopter.

Yes....I said early adopter because if you think the BFL preorder list is big now just wait and see what happens after we get our orders filled and this forum lights up like a tree at Christmas with people saying....I just got my order!!!   When that happens the order list will grow by 30 to 50 times and the company will have no choice but to raise their prices in an effort to balance the order flow with their ability to deliver.

Also, if we're talking about risk then we should also look at the risk/reward ratio.  With the potential loss being about $60 or less per GH and the potential gain being many times more then the cost, it's a bet that makes sense.  Add to the fact that you can get a full refund just by asking and the risk/reward ratio looks even better, especially since we're betting on a company that has successfully delivered cutting edge mining products in the past.  

I'm curious...when BFL first announced that they were coming out with their FPGA miners did they also have to take all this heat?

It makes good business sense to spread your mining budget over a few companies to further reduce your risk, so I for one am rooting for these guys.

I wish I could find a casino game that would give me a chance to gain while allowing me a full refund.

true

Hi Josh!

I paid $274 for my 5GH/s jalapeno and am still waiting since April...but I saw a guy who sold his April 13 *pre-order* for over 2x on ebay.

Why are there still ads for BFL on this site if it's a scam?

nice post!

Glad I searched around and found this forum before ordering anything from BFL.

F*** BFL!
They are scamming themselves.