Pages:
Author

Topic: Butterflylabs - Scam - sue (Read 2513 times)

newbie
Activity: 5
Merit: 0
February 24, 2014, 02:43:57 PM
#21
Objectively seen I dont think you can sue BFL for anything, if they didnt promise a specific date or time. I also got screwed by talk of early shipping, but they clearly wrote that it was only predictions.

But then again, in America you can sue people for the most retarded reasons...
sr. member
Activity: 297
Merit: 250
February 24, 2014, 11:16:42 AM
#20
sue them please and sue mtgox all together... They are spoiling btc reputation..
newbie
Activity: 22
Merit: 0
February 23, 2014, 08:29:02 PM
#19
BFL is still selling their shitty 5 g/h jalapeno for $274. https://products.butterflylabs.com/

My Jalapeno shipped in Oct, I mined with it until end of January and offered it up on Ebay which some poor sap took for the BIN price of $300. (which reminds me, he never left me positive feedback on the super-fast shipping...)

newbie
Activity: 2
Merit: 0
February 23, 2014, 01:56:11 PM
#18
Thats why I love second hand. Right now I buy all second hand Bitburner Fury miner for 10USD/GH. At least I get them after I paid the price.
hero member
Activity: 1582
Merit: 502
February 23, 2014, 11:47:32 AM
#17
It is better to have $5 at hand now than wait to get $10 (it's a Greek saying).

We have this saying in the UK...

A bird in the hand is worth two in the bush.

An ASIC in hand is worth two on pre-order.

Cheesy

Well said!

Now I know the English version of it so I can use that as well Wink

hero member
Activity: 490
Merit: 500
February 23, 2014, 08:58:13 AM
#16
It is better to have $5 at hand now than wait to get $10 (it's a Greek saying).

We have this saying in the UK...

A bird in the hand is worth two in the bush.

An ASIC in hand is worth two on pre-order.

Cheesy
legendary
Activity: 2212
Merit: 1001
February 23, 2014, 02:10:29 AM
#15
So....you don't even have the miner ?? It was hosted by BFL ??  Wow,can't even resell it to add to your .90BTC to get an antminer..........yeah BFL sucks!!!!!  Angry
sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
February 20, 2014, 02:09:57 AM
#14
If I remember it correctly, there was some news a few days ago that some people sued BFL already for their late-later-latest delivery of the hardware.

Edit: Here it is -
http://www.coindesk.com/butterfly-labs-faces-5m-lawsuit-unfulfilled-order/
newbie
Activity: 2
Merit: 0
February 20, 2014, 02:03:45 AM
#13
The Jalapeno I ordered does not even hash out 5 gh/s! It's actually only hashing out 2.5 gh/s. Does anyone have any idea why?
full member
Activity: 210
Merit: 100
February 19, 2014, 10:18:37 PM
#12
BFL is still selling their shitty 5 g/h jalapeno for $274. https://products.butterflylabs.com/
sr. member
Activity: 812
Merit: 250
February 19, 2014, 12:15:58 AM
#11
Me and a friend ordered a butterfly labs bitforce 25GH in January. It was shipped in November. Until now we have not hardware break even and have invested more then 1800$ in shipping, hosting and the machine itself. We have so far mined 0.90 BTC. I believe there are more people here who have been affected by this. Has any approach been done to sue Butterfly Labs for fraud? If not does anyone know how we can do this or wants to join us as a group. Please get in touch.

$1,800 / $13 = 138BTC.

I told people like you to buy bitcoin instead of ASIC's.  I explained why bitcoin ROI is all that matters.

You could have bought 138BTC with your $1,800 instead of sending it to BFL.  Instead you bought a machine that gave you 0.90BTC.

Hopefully everyone learns a lesson.  Only calculate Mining ROI in BTC, and if you do this, you will never buy ASICs, you will just buy bitcoin instead.
Easy as that. But simple calculation is obviously to hard for some ppl...
full member
Activity: 476
Merit: 100
February 18, 2014, 11:49:34 PM
#10
Me and a friend ordered a butterfly labs bitforce 25GH in January. It was shipped in November. Until now we have not hardware break even and have invested more then 1800$ in shipping, hosting and the machine itself. We have so far mined 0.90 BTC. I believe there are more people here who have been affected by this. Has any approach been done to sue Butterfly Labs for fraud? If not does anyone know how we can do this or wants to join us as a group. Please get in touch.

$1,800 / $13 = 138BTC.

I told people like you to buy bitcoin instead of ASIC's.  I explained why bitcoin ROI is all that matters.

You could have bought 138BTC with your $1,800 instead of sending it to BFL.  Instead you bought a machine that gave you 0.90BTC.

Hopefully everyone learns a lesson.  Only calculate Mining ROI in BTC, and if you do this, you will never buy ASICs, you will just buy bitcoin instead.
sr. member
Activity: 364
Merit: 250
February 18, 2014, 11:26:10 PM
#9
They guarantee a certain hash rate not that you will make an ROI.  This is a business decision that you made and unfortunately, you would have made 90x more just by buying and holding actual bitcoins.  Let this be a lesson to you.  Mining is almost never the best option and never will be. 
sr. member
Activity: 266
Merit: 250
I want free lunch, i'm gonna go with this guy.
February 18, 2014, 10:41:18 AM
#8
Me and a friend ordered a butterfly labs bitforce 25GH in January. It was shipped in November. Until now we have not hardware break even and have invested more then 1800$ in shipping, hosting and the machine itself. We have so far mined 0.90 BTC. I believe there are more people here who have been affected by this. Has any approach been done to sue Butterfly Labs for fraud? If not does anyone know how we can do this or wants to join us as a group. Please get in touch.

Its only 1800$, not worth sueing..

It's worth seuing , fuck BFL, take em down!
and please report! i also have alot of frustration when it comes to BFL!
sr. member
Activity: 420
Merit: 250
February 18, 2014, 10:14:04 AM
#7
Me and a friend ordered a butterfly labs bitforce 25GH in January. It was shipped in November. Until now we have not hardware break even and have invested more then 1800$ in shipping, hosting and the machine itself. We have so far mined 0.90 BTC. I believe there are more people here who have been affected by this. Has any approach been done to sue Butterfly Labs for fraud? If not does anyone know how we can do this or wants to join us as a group. Please get in touch.

Its only 1800$, not worth sueing..
hero member
Activity: 1582
Merit: 502
February 18, 2014, 07:50:40 AM
#6
Ξέχνα τo αδερφέ.
Tώρα ξέρεις καλύτερα ώστε να μην κάνεις πρo-παραγγελίες  Wink

Mείνε σε ήδη διαθέσιμα πρoϊόντα.

Kάλλιω πέντε και στo χέρι.....



can you translate this for us men, o great elf warrior?

Yup!

What I said is:

Forget about it brother.
Now you know better no to do pre-orders.

Stick to what is available now.

It is better to have $5 at hand now than wait to get $10 (it's a Greek saying).

newbie
Activity: 40
Merit: 0
February 18, 2014, 07:22:59 AM
#5
Ξέχνα τo αδερφέ.
Tώρα ξέρεις καλύτερα ώστε να μην κάνεις πρo-παραγγελίες  Wink

Mείνε σε ήδη διαθέσιμα πρoϊόντα.

Kάλλιω πέντε και στo χέρι.....



can you translate this for us men, o great elf warrior?
sr. member
Activity: 266
Merit: 250
February 18, 2014, 07:22:00 AM
#4
Time to take lesson best deal is by hand. For this reason I am planning to fly China to get some asiscs...
hero member
Activity: 1582
Merit: 502
February 18, 2014, 07:19:17 AM
#3
Ξέχνα τo αδερφέ.
Tώρα ξέρεις καλύτερα ώστε να μην κάνεις πρo-παραγγελίες  Wink

Mείνε σε ήδη διαθέσιμα πρoϊόντα.

Kάλλιω πέντε και στo χέρι.....

DrG
legendary
Activity: 2086
Merit: 1035
February 18, 2014, 02:26:06 AM
#2
There are a couple threads in the custom hardware forum.  Litigation would probably cost you more than you would recoup (don't plan on recouping lost earnings since that is 20/20 hindsite and usually thrown out in court).  As a BFL idiot myself (my fault for falling for their preorder scam - shame on me for the 1st order) I understand your anger, but chalk it up to a learning experience and recognize that there is evil in this world  Cheesy
Pages:
Jump to: