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Topic: Buying BFL debt. $0.10 per dollar owed. - page 9. (Read 15976 times)

sr. member
Activity: 322
Merit: 250
Josh: Sonny, sorry calling you so late, but I have an idea.
Sonny: I'm all ears, bud.
Josh: I got the idea from some thread on BT, and I simply modified it. Since people are refunding in droves, we can fire up one of our sockpuppets to payout sixty cents on the dollar, thus you get to keep forty percent, minus my cut of course.
Sonny: Of course! I like it! Do it! By the way, how's the interesting solution to the MiniRig problem coming along?
Josh: Can't talk over the phone because it may be tapped.
Sonny: HeHe!
Josh: HeHe!
Al the Alpaca: (tapping the line) Them boy's ain't right!


you are my fav spy.
member
Activity: 98
Merit: 10
Where's the 1000 BTC promised to charity if BFL doesn't achieve the power consumption they promised?


What is the power consumption that they promised and by when? Was it supposed to be the first batch?



Luke-Jr didn't even have to plug in the unit they shipped to him. I think this bet goes to BFL.
erk
hero member
Activity: 826
Merit: 500
Where's the 1000 BTC promised to charity if BFL doesn't achieve the power consumption they promised?


What is the power consumption that they promised and by when? Was it supposed to be the first batch?



full member
Activity: 224
Merit: 100
One bitcoin to rule them all!
Sure, I'll address the rest of the post just as soon as you back up your bullshit with a 500 BTC.  You claim BFL is a scam and that we will never ship a product.  I claim that BFL is not a scam and will ship a product. I am willing to escrow 500 BTC for my claim.  You escrow 500 BTC for your claim and we can move on to whether or not we'll bet on your ludicrous caveats.

My guess is that you'll just Micon-out of the bet, because, just like Bryan Micon, you are a lying piece of shit and you are unwilling to back up your claims...  You and Bryan Micon love to make all these grand pronouncements until someone calls you on it, then you deflect and hem and haw and try to weasel your way out of it. 

So until you back up your statement that "BFL is a ponzi scheme, an obvious scam" and "I do not believe my orders will be fulfilled" we have nothing to discuss other than what an idiot you are.  In fact, how about this... you want to hedge your orders.  I will bet you the full amount you paid in BTC for your orders from BFL that your orders will be fulfilled.  If you'd rather just do the USD value, I will take that bet as well.  You escrow the BTC,  I will escrow the BTC and when your order(s) are fulfilled you lose the bet.  If your orders aren't fulfilled, you win the bet and you get back your BTC (or USD value equivalent if you prefer) - so you're 100% hedged against your losses, since you're positive BFL is a scam and you'll never see your orders.

That's what you're hoping to accomplish with this ridiculous thread, right?  That's what you CLAIM.  If that's the case, then this wager is a no brainer.  Unless... you are lying?



Why not just put up a bet at bitbet.us? Something like "BFL will deliver at least X units of Y to end users by ", and then put those 500 BTC's on yes?
member
Activity: 72
Merit: 10
Where's the 1000 BTC promised to charity if BFL doesn't achieve the power consumption they promised?
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
Sure, I'll address the rest of the post just as soon as you back up your bullshit with a 500 BTC.  You claim BFL is a scam and that we will never ship a product.  I claim that BFL is not a scam and will ship a product. I am willing to escrow 500 BTC for my claim.  You escrow 500 BTC for your claim and we can move on to whether or not we'll bet on your ludicrous caveats.

My guess is that you'll just Micon-out of the bet, because, just like Bryan Micon, you are a lying piece of shit and you are unwilling to back up your claims...  You and Bryan Micon love to make all these grand pronouncements until someone calls you on it, then you deflect and hem and haw and try to weasel your way out of it. 

So until you back up your statement that "BFL is a ponzi scheme, an obvious scam" and "I do not believe my orders will be fulfilled" we have nothing to discuss other than what an idiot you are.  In fact, how about this... you want to hedge your orders.  I will bet you the full amount you paid in BTC for your orders from BFL that your orders will be fulfilled.  If you'd rather just do the USD value, I will take that bet as well.  You escrow the BTC,  I will escrow the BTC and when your order(s) are fulfilled you lose the bet.  If your orders aren't fulfilled, you win the bet and you get back your BTC (or USD value equivalent if you prefer) - so you're 100% hedged against your losses, since you're positive BFL is a scam and you'll never see your orders.

That's what you're hoping to accomplish with this ridiculous thread, right?  That's what you CLAIM.  If that's the case, then this wager is a no brainer.  Unless... you are lying?



this ^ is what you call a big pussy who won't bet you based on his previous promises and claims but expects you to bet based on the unprovable fact that BFL is a scam before they were to run with the money. Pirate wasn't a scam all the way up until he stopped paying interest and then went silent like a fat pussy.

Inaba, you are no different. Lol
donator
Activity: 1731
Merit: 1008
... I will bet you the full amount you paid in BTC for your orders from BFL that your orders will be fulfilled.  If you'd rather just do the USD value, I will take that bet as well.  You escrow the BTC,  I will escrow the BTC and when your order(s) are fulfilled you lose the bet.  If your orders aren't fulfilled, you win the bet and you get back your BTC (or USD value equivalent if you prefer) - so you're 100% hedged against your losses, since you're positive BFL is a scam and you'll never see your orders....

I wish I could escrow a 50% hedge to protect my ~300btc BFL purchase with you Inaba.

Only if we could define a "BY WHEN ?" in "If your orders aren't fulfilled" and specify the "WHAT ?" of my order.

I'm sure we can agree on a middle ground between a 1500ghs unit @1w/ghs and 300 Single sized Jalapeno who'd be taking a full room and consuming 9kW.

Edit : This bet would fail you unless "our order" definition is only based on total hash-rate, disregarding efficiency, footprint and delivery date.
hero member
Activity: 602
Merit: 500
Vertrau in Gott
Why should BFL not deliver? There is no reason for them to be scam.

I have no idea about ASICS or chip development, but If you give me 10 million USD via pre orders - I would be able to get a running asic, after a year or two.
legendary
Activity: 1260
Merit: 1000
Sure, I'll address the rest of the post just as soon as you back up your bullshit with a 500 BTC.  You claim BFL is a scam and that we will never ship a product.  I claim that BFL is not a scam and will ship a product. I am willing to escrow 500 BTC for my claim.  You escrow 500 BTC for your claim and we can move on to whether or not we'll bet on your ludicrous caveats.

My guess is that you'll just Micon-out of the bet, because, just like Bryan Micon, you are a lying piece of shit and you are unwilling to back up your claims...  You and Bryan Micon love to make all these grand pronouncements until someone calls you on it, then you deflect and hem and haw and try to weasel your way out of it. 

So until you back up your statement that "BFL is a ponzi scheme, an obvious scam" and "I do not believe my orders will be fulfilled" we have nothing to discuss other than what an idiot you are.  In fact, how about this... you want to hedge your orders.  I will bet you the full amount you paid in BTC for your orders from BFL that your orders will be fulfilled.  If you'd rather just do the USD value, I will take that bet as well.  You escrow the BTC,  I will escrow the BTC and when your order(s) are fulfilled you lose the bet.  If your orders aren't fulfilled, you win the bet and you get back your BTC (or USD value equivalent if you prefer) - so you're 100% hedged against your losses, since you're positive BFL is a scam and you'll never see your orders.

That's what you're hoping to accomplish with this ridiculous thread, right?  That's what you CLAIM.  If that's the case, then this wager is a no brainer.  Unless... you are lying?

newbie
Activity: 56
Merit: 0
Lets break this down real quick:

1. You want to hedge your bet.
2. You are absolutely positive BFL won't ship.  Ergo, a bet against BFL is a sure thing, according to your claim.
3. You are guaranteed a win of 500 BTC (or whatever amount you care to wager)
4. You don't want to bet because it's the "opposite" of hedging.

Let's break THIS down a little bit

1. you consider orders with your own company a bet
2. you consider a 10% hedge against a 100% order a sure thing
3. again, you're willing to cheat and scam your way to the winning side of a bet
4. you're really bad at math.

Quote
So you just tell me how many units you consider legit to satisfy the claim of shipped there champ, we'll go with that.

How about we start with the orders so far which have been bought and paid for in full. That shouldn't be too hard, a company shipping orders that were paid for months ago, should it? Legally an order has to be refunded or shipped within 30 days of full payment, so we can exclude any orders placed since march 20th, so only the orders placed between june 2012, and march 20, 2013. I'll put 350 BTC in escrow up against that, that you won't ship all orders placed within that time period before june 1st, 2013. What do you say?

Yep, I nailed it.  Your claim:

BFL won't ship any product.

Your bet:  BFL won't ship thousands of products before June 1st.  

Which is it Franky?  Will BFL ship a product or not?  Your claim is that BFL won't ship a product, you are unwilling to bet on that, but you ARE willing to bet that BFL won't ship thousands of products before June 1st, 2013.  Why would you need to put such ridiculous constraints on a bet when you believe BFL won't even ship a single product?

Oh... maybe it's because you're a lying piece of shit?  Yeah, thought so...



I'm the lying piece of shit? Point out where i said BFL won't ship any product. I could refute other parts of this post, but the entirety of it is based on the claim that i said "BFL won't ship any product."

Ok you tool, here you go:

Quote
It's obvious with recent propaganda videos and lack of communication that the entire scheme is ready to collapse,

Quote
In the interests of absolute transparency. I do not own any potion of butterfly labs I do have orders placed through butterfly labs. I do not believe my orders will be fulfilled.

Quote
You believe you'll make your profit from BFL shipping a functional product, i don't believe that is a possiblity.

Quote
This thread is my hedge(albeit in a less scumbag way) against butterfly labs's ponzi scheme, an obvious scam.

Quote
but i believe for most it will provide something from nothing

The list goes on.  You are a LYING. PIECE. OF. SHIT.

Put up or shut up, dirt bag.  But you won't... because you're a piece of shit.  What's even more pathetic is that you STILL maintain an order with a company you CLAIM is a scam.  The very definition of idiot, yet again.


Ok, i was wrong, now address the rest of the post.

Also, accept the bet. 350 BTC, 4200 units shipped by june 1st. It's a reasonable goal considering you are within a week of shipping, and can produce 300 units per day.
hero member
Activity: 1162
Merit: 500
Simply ignore this rude loudmouth. He'll be the fall guy once BFL implodes.

legendary
Activity: 1260
Merit: 1000
Lets break this down real quick:

1. You want to hedge your bet.
2. You are absolutely positive BFL won't ship.  Ergo, a bet against BFL is a sure thing, according to your claim.
3. You are guaranteed a win of 500 BTC (or whatever amount you care to wager)
4. You don't want to bet because it's the "opposite" of hedging.

Let's break THIS down a little bit

1. you consider orders with your own company a bet
2. you consider a 10% hedge against a 100% order a sure thing
3. again, you're willing to cheat and scam your way to the winning side of a bet
4. you're really bad at math.

Quote
So you just tell me how many units you consider legit to satisfy the claim of shipped there champ, we'll go with that.

How about we start with the orders so far which have been bought and paid for in full. That shouldn't be too hard, a company shipping orders that were paid for months ago, should it? Legally an order has to be refunded or shipped within 30 days of full payment, so we can exclude any orders placed since march 20th, so only the orders placed between june 2012, and march 20, 2013. I'll put 350 BTC in escrow up against that, that you won't ship all orders placed within that time period before june 1st, 2013. What do you say?

Yep, I nailed it.  Your claim:

BFL won't ship any product.

Your bet:  BFL won't ship thousands of products before June 1st.  

Which is it Franky?  Will BFL ship a product or not?  Your claim is that BFL won't ship a product, you are unwilling to bet on that, but you ARE willing to bet that BFL won't ship thousands of products before June 1st, 2013.  Why would you need to put such ridiculous constraints on a bet when you believe BFL won't even ship a single product?

Oh... maybe it's because you're a lying piece of shit?  Yeah, thought so...



I'm the lying piece of shit? Point out where i said BFL won't ship any product. I could refute other parts of this post, but the entirety of it is based on the claim that i said "BFL won't ship any product."

Ok you tool, here you go:

Quote
It's obvious with recent propaganda videos and lack of communication that the entire scheme is ready to collapse,

Quote
In the interests of absolute transparency. I do not own any potion of butterfly labs I do have orders placed through butterfly labs. I do not believe my orders will be fulfilled.

Quote
You believe you'll make your profit from BFL shipping a functional product, i don't believe that is a possiblity.

Quote
This thread is my hedge(albeit in a less scumbag way) against butterfly labs's ponzi scheme, an obvious scam.

Quote
but i believe for most it will provide something from nothing

The list goes on.  You are a LYING. PIECE. OF. SHIT.

Put up or shut up, dirt bag.  But you won't... because you're a piece of shit.  What's even more pathetic is that you STILL maintain an order with a company you CLAIM is a scam.  The very definition of idiot, yet again.

hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
Hopefully people using Ripple will be careful about who they vouch for (although based on the level of trust people extend to near strangers on social networks, I'm not so sure about that).

I'm not sure about it either. I've heard mixed theories on what "will happen", but I'd love to see it in action. By that I mean, it's not even really in action yet because it's still centralized and used primarily for speculation of "XRP" prices.
hero member
Activity: 868
Merit: 1000
...since it's not just your reputation that you're selling, but everyone close to you as well (less likely to scam when your neighbor and family suffer from it).

You poor innocent boy.  Trendon Shavers is a case in point.

Scammers have no hesitation in ruining the reputations of those close to them.  Hopefully people using Ripple will be careful about who they vouch for (although based on the level of trust people extend to near strangers on social networks, I'm not so sure about that).
hero member
Activity: 924
Merit: 501
Either ask for a refund or sell your preorder. What have you got on order with them and when did you order?

Way to read nubtard!
sr. member
Activity: 280
Merit: 250
Taking bitcoin mining to everybody
Either ask for a refund or sell your preorder. What have you got on order with them and when did you order?
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
I can't say for certain if you're a scammer for life, but i'm certainly not taking your bet Tongue.

I can work with that. I've actually grown very fond of the idea of "provably fair" things and escrow these days. I am starting to believe there is less and less reason to ever need to trust people for many of the things we do here on the forums. Lending is still a difficult topic, but I think a trust network like Ripple will help with that, since it's not just your reputation that you're selling, but everyone close to you as well (less likely to scam when your neighbor and family suffer from it).

I've also grown to believe that Bitcoin is far from centralized, which should be clear to anyone who paid attention to MtGox, these forums and the recent GIT pushes.

Watched an episode of American greed this guy scamed family and Friends that he knew for 30 years


Well, there's always going to be one, just like with guns. The key in Ripple is to spread that out so that the people around them can take the hit in reputation and suffer the financial losses rather than the end-merchant. It sounds shitty, but it's better than family and friends (who actively agreed to intertwine their lives with him) take on his debts (in Ripple network by default) than people who have no idea who he is when he tried to buy something from him. That will change everyone's mind about how much they trust each other. Ripple really will create uncomfortable relationships for some, but for others it's going to draw into focus things that should not have been ignored previously. Very interested to see how it works out.
member
Activity: 112
Merit: 10
I can't say for certain if you're a scammer for life, but i'm certainly not taking your bet Tongue.

I can work with that. I've actually grown very fond of the idea of "provably fair" things and escrow these days. I am starting to believe there is less and less reason to ever need to trust people for many of the things we do here on the forums. Lending is still a difficult topic, but I think a trust network like Ripple will help with that, since it's not just your reputation that you're selling, but everyone close to you as well (less likely to scam when your neighbor and family suffer from it).

I've also grown to believe that Bitcoin is far from centralized, which should be clear to anyone who paid attention to MtGox, these forums and the recent GIT pushes.

Watched an episode of American greed this guy scamed family and Friends that he knew for 30 years
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
I can't say for certain if you're a scammer for life, but i'm certainly not taking your bet Tongue.

I can work with that. I've actually grown very fond of the idea of "provably fair" things and escrow these days. I am starting to believe there is less and less reason to ever need to trust people for many of the things we do here on the forums. Lending is still a difficult topic, but I think a trust network like Ripple will help with that, since it's not just your reputation that you're selling, but everyone close to you as well (less likely to scam when your neighbor and family suffer from it).

I've also grown to believe that Bitcoin is far from centralized, which should be clear to anyone who paid attention to MtGox, these forums and the recent GIT pushes.
newbie
Activity: 56
Merit: 0
Yeah, thanks for that, it's not like i wanted to win a 350 BTC bet or anything.

yea, I'll bet you 500 btc inaba wouldn't have paid anyway.

I'll take that bet! (and then back out of it later and disappear for a few months and then realize how stupid a joke it was and then pay it later anyway)


Edit: Aaaaand we've come full circle.

And i could hedge against the Matthew N. Wright bet by printing my wallet out and torching it.

I don't think satoshi dice is generous enough for you to reneg again.

Hindsight is 20/20...If i hadn't .... It was a long series of bad decisions ... I do feel a little for those forced to ....

So you're allowed to learn from mistakes made in haste and make a profit off of others, but if I make one, lose everything, and pay out the ass in addition to losing everything I had, I'm a scammer for life in your book?

You're a peculiar one, that's for sure.

Time hasn't yet shown if i'm allowed, my message box is still eerily quiet. I can't say for certain if you're a scammer for life, but i'm certainly not taking your bet Tongue.
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