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Topic: Butterflylabs Huge SCAM - page 83. (Read 415652 times)

full member
Activity: 224
Merit: 100
June 04, 2013, 04:53:06 AM
I have purchased 2 butterfly lab ASICs. I purchased the first one a while ago and the second one more recently (which i feel is more of a mistake now). I still have faith they will deliver their units though as i read they had their ASICs linked to an android tablet mining at a bitcoin conference in the US for everyone to see. They have a few videos on youtube showing their concepts and I hear they have been waiting for their boards to arrive (supposedly).

I'm keeping my faith, although it does seem there are A LOT of speculation they are just running a long term scam. I can understand if they don't want to ship out all their mining rigs at once in fear of watering down the price of btc (and i guess it makes sense they're shipping out the low end 5GH/s models first then moving onto the higher end ones). Incredibly frustrating but patience is a virtue.

Really hope these do come to fruition!  Huh

I have not seen anyone say this and maybe its just me being stupid and I will accept that however whats to say that the android could be showing information from other units mining off grounds and having it just report on the tablet.

I can have my rig mining in the garage and have my tablet show I'm mining....

This was my first thought when I saw the video from the convention. If I had been there I would have asked if I could unplug the ASIC for a minute to see if it was really the one connected/hashing at the specified rate. Would be an easy test.

Would have been awesome if someone asked if he could bfgminer with it, since he is waiting for his own and wants everything ready. Any good company would have said: Here is your usb cable, you have 45 seconds.
legendary
Activity: 1988
Merit: 1007
June 04, 2013, 02:10:58 AM
I have purchased 2 butterfly lab ASICs. I purchased the first one a while ago and the second one more recently (which i feel is more of a mistake now). I still have faith they will deliver their units though as i read they had their ASICs linked to an android tablet mining at a bitcoin conference in the US for everyone to see. They have a few videos on youtube showing their concepts and I hear they have been waiting for their boards to arrive (supposedly).

I'm keeping my faith, although it does seem there are A LOT of speculation they are just running a long term scam. I can understand if they don't want to ship out all their mining rigs at once in fear of watering down the price of btc (and i guess it makes sense they're shipping out the low end 5GH/s models first then moving onto the higher end ones). Incredibly frustrating but patience is a virtue.

Really hope these do come to fruition!  Huh

I have not seen anyone say this and maybe its just me being stupid and I will accept that however whats to say that the android could be showing information from other units mining off grounds and having it just report on the tablet.

I can have my rig mining in the garage and have my tablet show I'm mining....

This was my first thought when I saw the video from the convention. If I had been there I would have asked if I could unplug the ASIC for a minute to see if it was really the one connected/hashing at the specified rate. Would be an easy test.
hero member
Activity: 644
Merit: 500
June 03, 2013, 04:07:59 PM
I have purchased 2 butterfly lab ASICs. I purchased the first one a while ago and the second one more recently (which i feel is more of a mistake now). I still have faith they will deliver their units though as i read they had their ASICs linked to an android tablet mining at a bitcoin conference in the US for everyone to see. They have a few videos on youtube showing their concepts and I hear they have been waiting for their boards to arrive (supposedly).

I'm keeping my faith, although it does seem there are A LOT of speculation they are just running a long term scam. I can understand if they don't want to ship out all their mining rigs at once in fear of watering down the price of btc (and i guess it makes sense they're shipping out the low end 5GH/s models first then moving onto the higher end ones). Incredibly frustrating but patience is a virtue.

Really hope these do come to fruition!  Huh

I have not seen anyone say this and maybe its just me being stupid and I will accept that however whats to say that the android could be showing information from other units mining off grounds and having it just report on the tablet.

I can have my rig mining in the garage and have my tablet show I'm mining....
newbie
Activity: 27
Merit: 0
June 03, 2013, 03:48:40 PM
Video's can be faked.  Hell, CGMiner is an open-source code, they could have just compiled a custom version that shows "Something" mining at the spec'd speeds.

I have purchased 2 butterfly lab ASICs. I purchased the first one a while ago and the second one more recently (which i feel is more of a mistake now). I still have faith they will deliver their units though as i read they had their ASICs linked to an android tablet mining at a bitcoin conference in the US for everyone to see. They have a few videos on youtube showing their concepts and I hear they have been waiting for their boards to arrive (supposedly).

I'm keeping my faith, although it does seem there are A LOT of speculation they are just running a long term scam. I can understand if they don't want to ship out all their mining rigs at once in fear of watering down the price of btc (and i guess it makes sense they're shipping out the low end 5GH/s models first then moving onto the higher end ones). Incredibly frustrating but patience is a virtue.

Really hope these do come to fruition!  Huh
hero member
Activity: 1162
Merit: 500
June 02, 2013, 10:46:49 AM
The scam goes into the next round: Now they start selling their chips. In 100 days (plus "two weeks" © Josh Zerlan / Inaba).
hero member
Activity: 770
Merit: 502
June 01, 2013, 10:32:41 AM
Completely agree with you! Never received my order. They were selling other devices successfully before though

Yes, to gain trust in the community that/where they have failed miserably. Sad.

http://en.wikipedia.org/wiki/Pyramid_scheme
newbie
Activity: 6
Merit: 0
June 01, 2013, 06:48:00 AM
Completely agree with you! Never received my order. They were selling other devices successfully before though
newbie
Activity: 5
Merit: 0
June 01, 2013, 06:14:57 AM
I have purchased 2 butterfly lab ASICs. I purchased the first one a while ago and the second one more recently (which i feel is more of a mistake now). I still have faith they will deliver their units though as i read they had their ASICs linked to an android tablet mining at a bitcoin conference in the US for everyone to see. They have a few videos on youtube showing their concepts and I hear they have been waiting for their boards to arrive (supposedly).

I'm keeping my faith, although it does seem there are A LOT of speculation they are just running a long term scam. I can understand if they don't want to ship out all their mining rigs at once in fear of watering down the price of btc (and i guess it makes sense they're shipping out the low end 5GH/s models first then moving onto the higher end ones). Incredibly frustrating but patience is a virtue.

Really hope these do come to fruition!  Huh
member
Activity: 98
Merit: 10
June 01, 2013, 05:58:21 AM
I have been reading and following the BFL saga all I can say is honestly can't even bother until they ship in mass.
Which in my view will be close to almost impossible with all the problems according to they're updates recently...
Bless all the people who have pre-ordered and still being so patient
legendary
Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
June 01, 2013, 05:08:49 AM
You all realize that except for some people winning the batch 1 and 2 Avalon lottery, ASIC prices have basically equalized on a per GH basis and are close to GPU prices per GH anyways so other then power consumption it's all the same.  I think when you see BFL prices approach those same levels is when shipping will be on a mass scale.  Nobody is going to sell you gear 20x less then what it's worth on open market.  They doubled prices already so that's a promising step.
eve
full member
Activity: 210
Merit: 100
June 01, 2013, 04:35:18 AM
they are just delivering drip by drip ... nice and easy drip
hero member
Activity: 644
Merit: 500
June 01, 2013, 04:11:48 AM
God has just revealed to me that BFL will deliver its products at Christ's Second Coming. So rest assured my brothers the day of Deliverance is near! Wink

You talking about this Christ?

Chris T. Vleisides
9817 Walnut St., Kansas City, MO 64114; (or)
2507 Jefferson St., Kansas City, MO 64108;

 Wink
OH boy!
hero member
Activity: 1162
Merit: 500
June 01, 2013, 04:10:32 AM
God has just revealed to me that BFL will deliver its products at Christ's Second Coming. So rest assured my brothers the day of Deliverance is near! Wink

You talking about this Christ?

Chris T. Vleisides
9817 Walnut St., Kansas City, MO 64114; (or)
2507 Jefferson St., Kansas City, MO 64108;

 Wink
newbie
Activity: 32
Merit: 0
June 01, 2013, 02:14:45 AM
God has just revealed to me that BFL will deliver its products at Christ's Second Coming. So rest assured my brothers the day of Deliverance is near! Wink
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
June 01, 2013, 02:01:19 AM
...

You think a law firm would use a fucking gmail account? LOL.

If they don't want to be associated with Bitcoin, they might. lol

legendary
Activity: 1134
Merit: 1008
CEO of IOHK
June 01, 2013, 01:53:40 AM
Well that was unexpected  Grin
hero member
Activity: 770
Merit: 502
June 01, 2013, 01:38:22 AM
...

You think a law firm would use a fucking gmail account? LOL.
Most certainly, a gmail account is very difficult to register for only the most elite of people can have one.

Troll else where.
legendary
Activity: 2087
Merit: 1015
June 01, 2013, 01:30:25 AM
...

You think a law firm would use a fucking gmail account? LOL.
Most certainly, a gmail account is very difficult to register for only the most elite of people can have one.
newbie
Activity: 5
Merit: 0
June 01, 2013, 01:30:11 AM
you can never know.
hero member
Activity: 770
Merit: 502
June 01, 2013, 01:26:01 AM
...

You think a law firm would use a fucking gmail account? LOL.
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