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Topic: coinjedi / betsofbitco.in SCAMMERS: Declares "Push" on obvious win for BFL bet - page 16. (Read 28040 times)

hero member
Activity: 756
Merit: 522
Technicaly your right but isn't the tag there to warn others from a scammer? Since we have one here why is this one given a special right ......

Is there a definition or a bill that states what is a scammer or are you mods (bitcoin org owners) deciding per incident?

They're winging it, pretty much.
hero member
Activity: 784
Merit: 500
I'm not giving him a scammer tag. By using betsofbitco.in, you agreed that betsofbitco.in staff would be the ones to decide events. It's none of my business how he does this.
Technicaly your right but isn't the tag there to warn others from a scammer? Since we have one here why is this one given a special right ......

Is there a definition or a bill that states what is a scammer or are you mods (bitcoin org owners) deciding per incident?
legendary
Activity: 1652
Merit: 1128
I'm not giving him a scammer tag. By using betsofbitco.in, you agreed that betsofbitco.in staff would be the ones to decide events. It's none of my business how he does this.
So if they decide bets based on who pays them the most under the table, would they still not be tagged as a scammer?

Scammer tags here truly are useless.

I wonder what's more useless, scammer tags or posters with arguments that consist entirely of strawman fallacies?

GO!

Edit: I'm just kidding, it's obviously you.
full member
Activity: 126
Merit: 100
+1 but maybe tag he is a scammer is too harsh
best would be not using this site anymore
hero member
Activity: 742
Merit: 500
full member
Activity: 126
Merit: 100
I'm not giving him a scammer tag. By using betsofbitco.in, you agreed that betsofbitco.in staff would be the ones to decide events. It's none of my business how he does this.
So if they decide bets based on who pays them the most under the table, would they still not be tagged as a scammer?

Scammer tags here truly are useless.
hero member
Activity: 840
Merit: 1000
Our reasoning is already on the page, so I will not repeat it here. We do our best to judge by the user written descriptions of statements. Unfortunately sometimes the outcome is not as unambiguous as we want.

How unambiguous does a bet need to be before you decide its unambiguous?
The bet refers to a device as anounced in this thread:
https://bitcointalksearch.org/topic/m.966886
It is quite clear that the device in the photos Luke posted is not what is defined as a device in the advertisements on BFLs webpage. So in fact no device as defined by the bet was demonstrated to be in hands of a non-BFL employed customer before 01 april.
So at least one term of the bet was not met.
This in not ambiguous!

You have not examined this carefully and your decision is flawed.
So please give some better reason for your decision than: "We have carefully examined both sides of the argument. "
hero member
Activity: 910
Merit: 1000
Items flashing here available at btctrinkets.com
I wont be using this service anymore.
hero member
Activity: 756
Merit: 522
This is very funy because....

I think this accusation is too ridiculous to spend time typing up a defense (it's obviously bogus), but if any moderator is taking it seriously for any reason feel free to contact me.

You're too irrelevant to be contacted. Kindly go look for Taaki somewhere in the sticks.
hero member
Activity: 492
Merit: 503
GIVE THEYMOS A SCAMMER TAG!!!!! BE HONEST, HOW MUCH ARE THEY PAYING YOU, THEYMOS???

J/k.
administrator
Activity: 5222
Merit: 13032
I'm not giving him a scammer tag. By using betsofbitco.in, you agreed that betsofbitco.in staff would be the ones to decide events. It's none of my business how he does this.
full member
Activity: 126
Merit: 100
Did coinjedi take part in this bet?

That is the only way that his actions would make any sense.
That wouldn't make sense, but it would make sense if the losing side offered to pay more for cancellation of the bet than the value of the lost commissions. The loss of public image might not be worth it by coinjedi in the long run though.
hero member
Activity: 686
Merit: 501
TokenUnion-Get Rewarded for Holding Crypto
Did coinjedi take part in this bet?


That is the only way that his actions would make any sense.
hero member
Activity: 840
Merit: 1000
Our reasoning is already on the page, so I will not repeat it here. We do our best to judge by the user written descriptions of statements. Unfortunately sometimes the outcome is not as unambiguous as we want. I guess that is why lawyer-talk evolved to be so convoluted. This particular case does not meet the unambiguity criteria we set ourselves.

Everybody got their full bet back, including the original submission fee. We could choose to select one side and earn a significant commission, enough to buy a nice laptop these days, but we didn't.

I respect everybody who thinks that we didn't judge well enough, but scamming is a different matter. I hope at least some of the bettors understand and respect our decision when the dust settles.

I find it strange that you have put a bet on something that you find ambiguous afterwards.
newbie
Activity: 11
Merit: 500
Sorry.... I had to..... could not resist....

hero member
Activity: 952
Merit: 1009
Sorry.... I had to..... could not resist....



Even BFLs house and garden publication "Bitcoin Magazine" does no longer talk about the thing having been shipped.

Here's how the article about Luke's device broke and is as of this moment still referenced in Google's Index.



Note how it said "he received the first Butterfly Labs ASIC to reach the hands of consumers."

Now go to one of these URLs like this one: http://bitcoinmagazine.com/category/technical/

and you will see how the text has been changed to "that a prototypes Butterfly Labs ASIC is now hashing".

tl;dr - not even the retard-o-zine will acknowledge this as a shipment.

PS: Also note how the articles former title "Bitcoin developer receives first Butterfly Labs ASIC"
as evidenced in the article url http://bitcoinmagazine.com/bitcoin-developer-receives-first-butterfly-labs-asic/
has been changed to "Bitcoin developer Confirms Butterfly Labs ASIC"
newbie
Activity: 59
Merit: 0
+1 - especially point 1 which is totally unambiguous and overlooked in this fray

I wasn't even betting on this one.
But it was obvious on a lot of points, that BFL had failed to do it.

They said they include the title in the agreement
1)    BitForce SC Jalapeno: a USB powered coffee warmer providing 3.5 GH/s, priced at under $149
2)    BitForce SC Single: a standalone unit providing roughly 40 GH/s, priced at $1,299
3)    BitForce SC Mini Rig: a case & rack mount server providing 1 TH/s, priced at $29,899

I'm fully aware that, their has been changes to what they will say each of these will do. Changing them respectively to 4.5 / 60 / 1500.
Also added a "Little SC Single", which is 30Gh/s. I'm sure there was further tweaks, as I did not follow it that closely.
This was done after the bet was issued apparently, so it is questionable to allow the change in hashrate, to add a device, can't really be taken into account. The original bet was talking about the original 3, not this added 4th one.


#Point 2

BFL Customer or Employee - He appears to be somewhere in the middle. He clearly got 1st dibs on it, for "work" he did, so he is certainly not a normal customer, but he is not an on the books employee.

The pictures were provided by Josh (BFL Employee), showing a prototype, hashing just a few hours and posted just after the deadline. The "device" was still at BFL labs (ie. Not shipped), Luke appears to operate the computer remotely.


#Point 3

The device does hash, but the 75% requirement being met doesn't matter as it doesn't meet it or doesn't apply. It hashes at about 24-25Gh/s, Since either it's a SC single (75% of 40Gh/s is 30Gh/s) and it doesn't meet the requirement or it's a Little SC single and it doesn't count as one of the original 3.


Summary

It was ruled as a draw by BoB, even though it clearly was not. They failed at every point. So It was "True", 'BFL would not ship'.

Further more, it was clearly stated no commission would be taken, but I've already seen reports that people are indeed being hit with one.
BoB made a bad decision too quickly, on one of the hottest discussions in bitcoin for a long time now (which also had a bet on) and instead of investigating properly, just pulled out the Draw card instead. It was so hotly debated, not because it being close true/false situation, but because BFL and the BFL supporters were actually trying to steal a win at the last minute. It appears they succeeded in some small way, and BoB helped them.
If the reports of commissions actually still being taken are true, BoB has managed to take a cut from both sides in this rather large bet.

Those directly associated with BoB deserve a scammer tag.
legendary
Activity: 966
Merit: 1000
I wasn't even betting on this one.
But it was obvious on a lot of points, that BFL had failed to do it.

They said they include the title in the agreement
1)    BitForce SC Jalapeno: a USB powered coffee warmer providing 3.5 GH/s, priced at under $149
2)    BitForce SC Single: a standalone unit providing roughly 40 GH/s, priced at $1,299
3)    BitForce SC Mini Rig: a case & rack mount server providing 1 TH/s, priced at $29,899

I'm fully aware that, their has been changes to what they will say each of these will do. Changing them respectively to 4.5 / 60 / 1500.
Also added a "Little SC Single", which is 30Gh/s. I'm sure there was further tweaks, as I did not follow it that closely.
This was done after the bet was issued apparently, so it is questionable to allow the change in hashrate, to add a device, can't really be taken into account. The original bet was talking about the original 3, not this added 4th one.


#Point 2

BFL Customer or Employee - He appears to be somewhere in the middle. He clearly got 1st dibs on it, for "work" he did, so he is certainly not a normal customer, but he is not an on the books employee.

The pictures were provided by Josh (BFL Employee), showing a prototype, hashing just a few hours and posted just after the deadline. The "device" was still at BFL labs (ie. Not shipped), Luke appears to operate the computer remotely.


#Point 3

The device does hash, but the 75% requirement being met doesn't matter as it doesn't meet it or doesn't apply. It hashes at about 24-25Gh/s, Since either it's a SC single (75% of 40Gh/s is 30Gh/s) and it doesn't meet the requirement or it's a Little SC single and it doesn't count as one of the original 3.


Summary

It was ruled as a draw by BoB, even though it clearly was not. They failed at every point. So It was "True", 'BFL would not ship'.

Further more, it was clearly stated no commission would be taken, but I've already seen reports that people are indeed being hit with one.
BoB made a bad decision too quickly, on one of the hottest discussions in bitcoin for a long time now (which also had a bet on) and instead of investigating properly, just pulled out the Draw card instead. It was so hotly debated, not because it being close true/false situation, but because BFL and the BFL supporters were actually trying to steal a win at the last minute. It appears they succeeded in some small way, and BoB helped them.
If the reports of commissions actually still being taken are true, BoB has managed to take a cut from both sides in this rather large bet.

Those directly associated with BoB deserve a scammer tag.


Fully agreed.  +1 to a scammer tag for BoB/coinjedi, and I think Luke-Jr should maybe get one too for his involvement.  I've lost a lot of respect for him over this.

On a side note, why would BoB come on here and solicit feedbeck on the bet for a day, and then ignore the overwhelming opinion and rule like they did?  Seems like they set themselves up for this.  I think a poll thread will illustrate this more clearly:

https://bitcointalksearch.org/topic/m.1730049
sr. member
Activity: 448
Merit: 250
Our reasoning is already on the page, so I will not repeat it here. We do our best to judge by the user written descriptions of statements. Unfortunately sometimes the outcome is not as unambiguous as we want. I guess that is why lawyer-talk evolved to be so convoluted. This particular case does not meet the unambiguity criteria we set ourselves.

Everybody got their full bet back, including the original submission fee. We could choose to select one side and earn a significant commission, enough to buy a nice laptop these days, but we didn't.

I respect everybody who thinks that we didn't judge well enough, but scamming is a different matter. I hope at least some of the bettors understand and respect our decision when the dust settles.

So instead, how much equity did the winners of the bet lose?

How much equity did we ever have? Luke or anyone from BFL could of made same pictures/bs post at any time.
full member
Activity: 126
Merit: 100
"lawyer-talk"? This would never fly in a real court of law, and I think you know that. You've already confirmed that the title is part of the bet, and BFL did not ship. You owe the winners their winnings, but how you'll be able to come up with the money to pay them is anyones' guess.

Are you Matthew N. Wright of Something Awful dot com? I seem to remember his pirate savings and trust bet ending up with similar word games after the fact. The meaning of the bet is obvious to anyone, and it's just the losers who are coming up with after the fact rationalizations of how they didn't lose. Probably paid you more than the commission to reverse the bet too.
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