Topic: Butterflylabs Huge SCAM - page 120. (Read 415652 times)

truth 

Will def keep this in mind

avalon shipped batch 1
asicminer is shipping
BFL still in debugging?

These machines that don't exist are being tossed around like some kind of stock. Hilarious.

You could make more with one of these: https://bitcointalksearch.org/topic/new-asic-with-off-wdc-support-203342

K.

I ordered one from BFL back in march and recently sold it on ebay for 4k, in turn passing the risk on to someone else (bad for them - good for me )

They have proved they have some hardware but I greatly disagree with their business practices so they are the last ASIC producer I would buy from.

Yeah they're a bunch of cons.  Nothing about their operation makes sense if you assume its legit.  The other day I looked on ebay and found a bunch of sellers hawking their preorders for x2 to x3 what BFL charges, lol.  The great cycle of scam continues.

Not to mention fellow scammers like Luke-Jr.  Conveniently scheduled to scam the betters on the betsofbitco.in bet.

Exellent
http://www.youtube.com/watch?v=YKUOB8MN4Kc

This is absolutely amazing. Ars technica publishes a review of the 5 GH/s unit without any mention of the power consumption being an order of manitude out of spec or the fact that the minirigs they accepted money for cannot exist. No mention of the thousands of dollars lost from btc preorders. BFL will now get a spike of preorders. This is shameful

It is too bad. I was going to wait for them to start to mass ship to order mine, but doesn't look like this will happen anytime soon. 

terrible company. will be more than a year delayed imo when they start shipping volume.

IMHO, if a company needs money for R&D, stay far away. I also noticed over the years the only one's who got their unit's were those DEEPLY embedded in the BTC community. (Me thinks to build more trust)

Also, I still haven't even seen one yet, 2 years later. *shrugs*

I'm going to put this so simple that if you don't get it, well then

Bfl has Lied to customers to scrape in pre-order money to pay for research and development.

1)They led on customers early on that a product was almost ready to ship.They knew that as soon as the customer waits a 3 month period that will tire and ask for their money back. So bfl gives their money back and creates another very optimistic update to bring in new pre-orders.

2)They priced the units extremely low to help with #1 and kill any competition. After all Avalon is China plenty of Cheep workers. Smart people too. Bad combo for bfl. Then when they finally got one working the prices shoot up. Why? well they need what really costs to build them now to actually build them.

3)They understand that a full out release of all units will kill their future business. So steady as they go as they have always done. Besides their customers have been lied to so many times and their is no competition so fuck them behind the scenes but all nice P/R in front.

Honest companies don't act like this.  There is more but I refuse to WOT

They will arrive. Remember Butterfly Labs is trying to create an affordable ASIC miner.

Unlike the Avalon machines, which are also very limited editions, and cost 75BTC or $8500 (at todays price) for a 65GH/s machine (or $129 per GH/s), the 5GH/s BFL Jalapeno unit costs only $54 per GH/s, and the 60GH/s machine is only $2500, making it more than 3 times cheaper than the Avalon.

Yes I know the Avalon is being shipped right now (though all orders are filled, so they are also now, technically not available for purchase), but I'd rather wait for a machine that WILL arrive, while being affordable, than waiting for Avalon's 4th order, which will no doubt be much more expensive again.

Yup lets wait some more, I was waiting since Oct 11 in the year 2012.

let's just wait and see

Too bad - in a year from now you'll be deeply regretting that decision.

I know people who spent what would have been $100,000 worth bitcoins today buying from BFL in Aug last year, and I used to feel so bad for them and everyone else. How could they have known right? Untill these last 2 weeks. After trying to get them to get a refund for the 2nd time this month I stopped caring. They feel locked in, and I don't blame them, but I personally would have taken pennies on the dollar back today then nothing at all.

I take a George Carlin attitude towards it now in May 2013. I think he would say something like "F#ck em'!". I mean at this point I can't afford to be emotionally invested in their loss anymore. Im getting dead to this issue as the weeks go by and they have delivered a whole... 10 jallapenos! 10 real life units! Wow! This is full scale for real guys! By the end of April just like they said.

Seriously, if you can't see the scam a year later I just don't care to try anymore. The vets here with long historys all agree. If you sunk money into this and didn't get a refund by May 1 2013, you deserve what you get. Their 2nd half of April 2013 promise to ship in full was the last straw.

"So you don't want to take the money and want to go for whats behind door number 2 instead..."
"And behind door number 2... Nothing kid. Now kick rocks."

Its a cold world and its time for some people to get a masters degree in the School of Hard Knox. Its an expensive course but you'll never forget what you learn in this class.