Butterflylabs Huge SCAM - page 159. | Bitcointalksearch.org

Richy_T

legendary

Activity: 2576

Merit: 2267

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: jrslyrics on April 04, 2013, 12:21:54 PM

You'll know when they ship because difficulty will sharply increase. Then everyone who wants to mine will need one to compete. Or they dont ship and things continue as they do today.

Hah, no. Because either there will be a billion asics from other companies already mining or all the bitcoins will already have been mined.

creativex

sr. member

Activity: 434

Merit: 250

Quote from: jrslyrics on April 04, 2013, 12:21:54 PM

You'll know when they ship because difficulty will sharply increase. Then everyone who wants to mine will need one to compete. Or they dont ship and things continue as they do today.

Difficulty will rise anyway. GPUs and FPGAs are easily profitable at these exchange rates. ASICMiner has 50Th of chips on hand to deploy this month and just ordered 200Th more. Avalon has all but completed shipping of batch 1 and batch 2 shipping is scheduled to begin in less than two weeks.

BFL is the slow pony in the ASIC mining arms race.

Samson5

newbie

Activity: 15

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I've considered multiple times... Still holding out though. Popcorn action right here.

jrslyrics

member

Activity: 75

Merit: 10

You'll know when they ship because difficulty will sharply increase. Then everyone who wants to mine will need one to compete. Or they dont ship and things continue as they do today.

creativex

sr. member

Activity: 434

Merit: 250

Quote from: immortal4now on April 04, 2013, 05:57:30 AM

Quote from: creativex on April 02, 2013, 07:14:29 PM

Quote from: InspiredEye on April 02, 2013, 07:04:56 PM

Quote from: prochobo on April 02, 2013, 01:15:29 PM

Place your bets! http://betsofbitco.in/search?q=bfl

Bet placed, I'm betting on BFL shipping before July.

Hey why not, July is only 13 months after they began taking money for the product.

They finalize testing. I watch their forums regurarly because I ordered Jalapenos. Im confident they will start shipping at the end of April.

How could you possibly be confident they're nearly ready to ship? They've been telling people they're almost ready to ship since last September. What makes recent ~~lies~~ PR any different?

Quote from: San1ty on April 04, 2013, 06:05:30 AM

Guess they weren't a scam after-all.

How do you figure that? They announced an October 2012 "honest abe" shipping date for 1w/Gh ASIC products in June of 2012, yet have delivered NOTHING ten months later and their only prototype is getting a whopping 7.5w/Gh. Sounds pretty scammy.

San1ty

sr. member

Activity: 462

Merit: 250

Guess they weren't a scam after-all.

immortal4now

full member

Activity: 612

Merit: 102

Chromia - Relational Blockchain

Quote from: creativex on April 02, 2013, 07:14:29 PM

Quote from: InspiredEye on April 02, 2013, 07:04:56 PM

Quote from: prochobo on April 02, 2013, 01:15:29 PM

Place your bets! http://betsofbitco.in/search?q=bfl

Bet placed, I'm betting on BFL shipping before July.

Hey why not, July is only 13 months after they began taking money for the product.

They finalize testing. I watch their forums regurarly because I ordered Jalapenos. Im confident they will start shipping at the end of April.

Fuyuki_Wataru

member

Activity: 167

Merit: 10

Wish these machines farming hardcore didn't exist...

gica_contra

sr. member

Activity: 350

Merit: 250

Shinyyyy

... but my PC sits under my desk and I'm worried the spilled coffee seeping through the top vents might negatively affect hash rates. Yes, I don't mine with a dedicated rig Roll Eyes

greyhawk

hero member

Activity: 952

Merit: 1009

Quote from: gica_contra on April 03, 2013, 01:16:06 PM

I want them to ship... one of those black brushed aluminum Jalapenos would look sweet on my desk Grin

Just buy a normal USB coffee warmer...

Look. It even has blue lights. It shines blue.

Gruu

newbie

Activity: 10

Merit: 0

I remember having some money aside a year ago and contemplating buying one of their rigs; glad I didn't. I don't think it's a scam, but I think they may have gotten in over their heads. Perhaps they should've decreased the maximum orders that they would've taken to a more practical amount. Though I'm sure the money sent by other people (even if refunded later) helped them develop the product more.

gica_contra

sr. member

Activity: 350

Merit: 250

I want them to ship... one of those black brushed aluminum Jalapenos would look sweet on my desk Grin

ewitte

member

Activity: 98

Merit: 10

It doesn't appear to be a scam didn't have any issues with refunds.

FJBourne

full member

Activity: 138

Merit: 100

Yeah, this doesn't sound good. Best of luck to all the preorder-ers

legend

newbie

Activity: 56

Merit: 0

I think they are scams, too. I hope for people who preordered them's sake that they are not.

Minor Miner

legendary

Activity: 2478

Merit: 1020

Be A Digital Miner

Quote from: chowdan on April 03, 2013, 09:38:39 AM

So has the BFL's ever shipped a product? I've seen forum posts of people talking about their jalapeno that they are using(even seen photos)

https://bitcointalksearch.org/topic/selling-my-8-pack-of-bfl-asic-jalapenos-no-longer-for-sale-159700

He is offering to sell them WHEN he gets them (or move his pre-order to you). The picture are NOT asics.

chowdan

full member

Activity: 134

Merit: 100

So has the BFL's ever shipped a product? I've seen forum posts of people talking about their jalapeno that they are using(even seen photos)

https://bitcointalksearch.org/topic/selling-my-8-pack-of-bfl-asic-jalapenos-no-longer-for-sale-159700

creativex

sr. member

Activity: 434

Merit: 250

Quote from: InspiredEye on April 02, 2013, 07:04:56 PM

Quote from: prochobo on April 02, 2013, 01:15:29 PM

Place your bets! http://betsofbitco.in/search?q=bfl

Bet placed, I'm betting on BFL shipping before July.

Hey why not, July is only 13 months after they began taking money for the product.

InspiredEye

member

Activity: 98

Merit: 10

Quote from: prochobo on April 02, 2013, 01:15:29 PM

Place your bets! http://betsofbitco.in/search?q=bfl

Bet placed, I'm betting on BFL shipping before July.

mindtomatter

sr. member

Activity: 434

Merit: 254

Editor-in-Chief of Let's Talk Bitcoin!

Quote from: Minor Miner on April 02, 2013, 05:31:28 PM

Quote from: mindtomatter on April 02, 2013, 05:30:13 PM

Sorry, I meant their 60Ghz unit which costs 1299 - You could buy two of those if you opted not to pre-order the jalepeno in august.

Ouch. I really want to support the bitcoin economy but good lord was that an expensive mistake

Lesson:
NEVER PREORDER ANYTHING IN BITCOIN

only true if it ONLY goes up (which I think it will). The opposite would be true if it only went down. hindsight is 20/20

Right, but the currency is designed to be incredibly, fantastically deflationary if it gets any kind of meaningful adoption. In short term moves we should still see crazy volatility, but if Bitcoin is to be adopted by even 1% of the population, we'll never see $10 again. With those fundamentals, you have to not care about the ENORMOUS opportunity cost to spend money on a pre-order. Better just to wait until you have the assurance of a released product that you know you want. Do people even want ASICS now that there are going to be so many they'll effectly null the rewards through the exponential difficulty increase?

Topic: Butterflylabs Huge SCAM - page 159. (Read 415663 times)