I have the utmost respect for the crew running the mag.
You're like the only one.
But they're not trying to scam anyone, or they wouldn't have refunded the bet money
This is pretty much an argument to ignorance. If you gamble, lose, and refund you've in fact defrauded the winner of his winnings. That this point is usually lost on people who don't gamble doesn't make it any less valid, just like the fact that many people don't know that antibiotics don't help against viruses doesn't make antibiotics any more effective against viruses.
Instead, when a betting site proves that they are doing a poor job, boycott them, give your business to the competition. It's that simple.
The problem here is that the so-called betting site had an undisclosed relationship with the so-called miner producer to pump their inexistent ASIC. The scam is plainly "come bet that you'll deliver, then would-be buyers will think the odds are still there, then they'll buy, then when you don't deliver we'll refund". This is a scam.
The BFL backers lost the bet. There is no real controversy in that regard. The BFL side failed on several different points. Luke Jr. is working for BFL, the March 31 deadline was missed, the "product" shown is a prototype that is still being worked on and does not even have a case, the prototype was never shipped anywhere, the product Luke Jr. claims to have ordered did not even exist at the time the bet was consumated and was not among the 3 specific products mentioned... I can go on, but there is no point. I am not foolish enough to believe that any honest, intelligent person who is paying attention thinks that there was ambiguity. There was none. It was an open and shut case. There is only one reasonable explanation for how and why this happened, and that is that betsofbitco.in had a stake in the outcome.
Absolutely correct.
Possibly not worth the mention that Luke-jr is currently Bitcoin's chief scumbag. The list of fraudulent, dishonest, scammy shit he's pulled so far is perhaps worthy of a (stickied) thread itself. It's beyond me how people who intend to earn their bread by their reputation still associate with him, but I hope it's obvious that in a few years "has worked with Luke-jr" will be the reason resumes are turned down. Yes Gavin, I am talking to you.
If you'd said they ruled for the other side of the bet, I'd agree. But they didn't. They said they accepted a bet that turned out to be too ambiguous to make a judgement and canceled it
This is
Joel Katz level coolaid right here. First off, your agreement carries no value in this conversation, and as such it's not a bargain chip. Second off, what, were they in mutual error? Get off.
If you have a problem with that, the door's over there.
Seriously, who are you and when did you get a voice? Fuckwit.