I don't think it's a true scam but they have absolutely no way of meeting demand right now. Everyone's always impatient but they've got thousands of preorders and they don't have a ton of employees. I'm sure these things take awhile to build and stuff.
They won't turn down preorders since they're getting $ obviously but they probably should; they're likely getting more preorders even now then items they can ship out.
There definitely is a chance that the orders now never get filled though.
Topic: Butterflylabs Huge SCAM - page 125. (Read 415663 times)
Has BFL produced anything
Or not.
I want to have one of those.
the truth is scam. 
so sad for somebody waiting it.
so sad for somebody waiting it.
Not even surprised. I hope all those that have ordered end up getting their ASICs.
It was a bit scary to submit a pre-order, glad I got in in before they raised prices. If it is a scam, I hope my wife doesn't find out 
hahahaaaa.
at the end of the day, ive never known a pre-order where they take your money first.
except if they're building you a car by hand.
i mean who's NOT going to want one of these, so what's the point in taking the money before shipping?
THATS the thing setting alarm bells off.
then when i inquire about shipping numbers...BANNN!
and address....
the shipping address given for trade-ins is an AL Huber contractors office.
(no idea if they're still doing this)
then you got the second method of upgrade from FPGA-ASIC which they promoted whereby you give them 20-500 BTC to hold onto while your FPGA`s are in the mail.
[dont even understand that one]
then under the jobs section;
We're currently seeking applicants for the following positions:
Engineer - Mandarin language skills (Must live in Asia)
Engineer - North America
Communications Director - North America
--------------------------------------------
i cant even find the company registered in WHOLE of north america.
It was a bit scary to submit a pre-order, glad I got in in before they raised prices. If it is a scam, I hope my wife doesn't find out
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So I'm guessing it would be better now to not buy one or at least hold of on getting one.
With all of the 'issues' they are having it is surprising they are still open to pre-orders.
So I'm guessing it would be better now to not buy one or at least hold of on getting one.
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Maybe they just need to do some more testing before mass production starts.
Or maybe they launched pre-orders too soon.
I dont know is it scam, but i dont like them.
Don't trust BFL just because they are willing to refund you your money. Refusing refunds would make the scam too obvious. The largest ISK scam in EVE Online history would refund your money if you asked for the refund. I got my 500 million isk back from them just days before they decided to take the money and run.
BFL has scam written all over it. Look at how long it took Avalon to get their shit together and look at BFL. BFL is either a complete scam or is ran by people who have not even the slightest clue what they're doing.
BFL has scam written all over it. Look at how long it took Avalon to get their shit together and look at BFL. BFL is either a complete scam or is ran by people who have not even the slightest clue what they're doing.
Maybe they just need to do some more testing before mass production starts.
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Double check your CC policy.... I was thinking the same thing when I thought I might order one, but my CC won't allow me to dispute a charge after 90 days.
60 days or less for some.
Surely hoping they're not a scam. I did purchase with CC though, so I should be able to chargeback if it doesn't pan out.
Double check your CC policy.... I was thinking the same thing when I thought I might order one, but my CC won't allow me to dispute a charge after 90 days. I know many people are getting refunds from BFL, but considering the production / shipping issues we have seen from them I would have no other recourse then to ask them for a refund if it didn't pan out...
One of many reasons I chose not to order from them
Surely hoping they're not a scam. I did purchase with CC though, so I should be able to chargeback if it doesn't pan out.
Or... now let me finish... you could ask for a refund.
yeah that would be an option if;
A) they picked up the phone.
B) they answered emails.
C) didnt ban me in the first place for asking a perfectly normal question.
and now of course NOW i have limited options for contact and of an actual conversation, due to the company attitude.
they have terminated conversation.
i dont know where this guy and his so called team learned to do business. BUT WOW!!
i will also be lodging a complaint with the police for them to look into this guy for embezzlement, this stinks to high heaven.
I was thinking of buying from BFL for awhile but when I did the math I realized that if they could actually deliver what they promised they would be able to make as much money running one of their jalapenos for a week as they would selling it.
IF they actually had the technology they claim why sell it at all? Why not just mine. After the first week of mining it would be free money and the asics they sell are supposed to use so little electricity that the difficulty would have to go up an awful lot before mining would be unproductive.
When something sounds too good to be true it usually is.
At best these guys are running their company terribly by over promising and under delivering. Continuig to take pre-orders when you are over 6 months behind schedule is not a good business practice.
At worst they are perpetrating a massive scam, always coming up with new excuses why their product is delayed, all the while raking in more money for product they never intend to deliver.
IF they actually had the technology they claim why sell it at all? Why not just mine. After the first week of mining it would be free money and the asics they sell are supposed to use so little electricity that the difficulty would have to go up an awful lot before mining would be unproductive.
When something sounds too good to be true it usually is.
At best these guys are running their company terribly by over promising and under delivering. Continuig to take pre-orders when you are over 6 months behind schedule is not a good business practice.
At worst they are perpetrating a massive scam, always coming up with new excuses why their product is delayed, all the while raking in more money for product they never intend to deliver.
Short term vison. What good is mining your own machines when difficulty will be x 10 in 6 months and maybe x 100 in a year. Much better to take $$$ off miners and let them get on with it.
M
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