Topic: HashFast announces specs for new ASIC: 400GH/s - page 59. (Read 880728 times)

Wow, nice 20/20 hindsight bro.  The reason nobody accepted the wager a year ago was that the success of the GN1 made production of the GN2 a non-trivial probability.

How au courant of you to perform a little victory jig on HF's grave at this late date.  Aren't you just tickled pink that a BTC company failed, leaving its customers in limbo?

As for the Zappa copypasta guy, if you are unfamiliar with and surprised by the quotidian industry-wide practice of separating IP from production LLCs, please put all 100% your BTC in a cold wallet and never buy or invest in anything.  Because you are a clueless, dewy-eyed, greenhorn N00B...   

Dude, then pray tell us what was the purpose of Hashfast,DE in addition to Hashfast,CA? Something like "special purpose investment vehicle" at Enron?

I'm not in the mood for arguing, so I'll let Professor Frank Zappa do the talking:

The mystery man came over
And he said "I'm outta sight!"
He said for a nominal service charge
I could reach nirvana tonight
If I was ready, willing and able
To pay him his regular fee
He would drop all the rest of
His pressing affairs and devote
His attention to me

But I said "Look here brother
who you jiving with that cosmik debris?
Now who you jiving with that cosmik debris?
Look here brother, don't waste your time on me"

The mystery man got nervous
And he fidget around a bit
He reached in the pocket of his mystery robe
And he whipped out a shaving kit
Now I thought it was a razor
And a can of foaming goo
But he told me right then when the top popped open
There was nothin' his box won't do
With the oil of Aphrodite, and the dust of the Grand Wazoo
He said "You might not believe this, little fella
But it'll cure your asthma too"

And I said "Look here brother
Who you jiving with that cosmik debris?
Now what kind of a guru are you, anyway?
Look here brother, don't waste your time on me"
*(Don't waste your time)*

"I've got troubles of my own", I said
"And you can't help me out
So, take your meditations and your preparations
And ram it up your snout!"
"But I got the crystal ball", he said
And held it to the light
So I snatched it, all away from him
And I showed him how to do it right

I wrapped a newspaper 'round my head
So I looked like I was deep
I said some mumbo-jumbo, then
I told him he was going to sleep
I robbed his rings and pocketwatch
And everything else I found
I had that sucker hypnotized
He couldn't even make a sound
I proceeded to tell him his future, then
As long as he was hanging around
I said "The price of meat has just gone up
And your old lady has just gone down!"

And I said "Look here brother-who you
Jiving with that cosmik debris?
Now is that a real poncho or is that a Sears poncho?
Don't you know, you could make more money as a butcher?
So, don't waste your time on me"
Don't waste it, don't waste your time on me
*(Shante)*

https://www.youtube.com/watch?v=wtx4ZJ1cwI0

It's hilarious looking back and see just how wrong iCEBREAKER was:


I think we can rest assured there's no second chip taping out in a week.

But Icetard, you promised!!!

When a risky high-tech Silicon Valley runs out of money and declares bankrupcy, it's a common and perfectly normal event.  Likewise for older and bigger firms.

No "prepackaged bankruptcy scam" would produce a chip like the GN1, which at well over 700GH/s is still by far the fastest BTC ASIC on the planet.

But yes, if you honestly believe buying a pre-order for a magical internet money generator (regardless of manufacturer) is a low or zero risk proposition, welcome to Investderr University.

Let's focus on how best to deal with the situation, not cry over spilt milk.

It took a year for Atari's plan to be approved, so lack of apparent progress in these matters is not unusual.

http://www.gamasutra.com/view/news/206388/Ataris_bankruptcy_escape_plan_is_courtapproved.php

What a retard you are.  Still with Liquidbits and Coinware and whatever.  Liquidbits and then Coinware have been in the BTC space since late 2010 early 2011.  They have been mining ever since and were actually first to receive the BFL asics along with GigaVPS.   They invested in every aspect of Bitcoin companies, from non-profits to payment platforms, to exchanges to mining infrastructures to software development etc...  And they have the financial surface to sue those that try to do them wrong, including Hashfast. Is all this relevant? NO.

None of us here care about them since their proposition was rejected.   What's your agenda?  This is becoming downright weird.

Again, what is the CRO doing?  What are the propositions being studied?  Failing that, how is the sale of assets going?

Manufacturers around the world have not been waiting for the Hashfast liquidation to be over.  They are moving forwards at very high speeds.  With all the announcements coming this fall, I wonder what the value of those chips (those that do not depreciate according to the statement made by the Creditors Council legal counsel) will be depreciated down to?  

http://www.scribd.com/doc/225704506/Bachrach-Declaration-Liquidbits-v-HashFast


Finally, I found it. Don't know how the fuck I missed it.

http://www.silverlaw.com/files/Liquid-Bits-Complaint.pdf



$5,821.1541 is close enough to $6M... WTF!, that's BTC, not $... 5,821.1541 ฿ equates to only $2,962,967.44 at this hour's exchange rate. I can't believe that LiquidBits was so stupid to hand over that amount to HashF... WTF! Not HashFast, but...



http://www.coinware.io/companies.html


Nothing like building a solid relationship with HashFast to recoup the loses due we-didn't-know-it-was-a-Ponzi-scheme Pirateat40's venerable entity.

The only fuckin' saving grace for LiquidBits now is being in queue behind HashTrade, Netsolus and NimbusMining to receive their multi-million dollar order of Monarchs from BFL.

Very, very, very stupid question: Is the Jacobson Clan, et al., spending their own money or some others?

I don't know how I messed up, but at least now it's in the blockchain too! Your welcome 


http://cryptograffiti.info/?txnr=656

https://blockchain.info/tx/3cf3f8a852a56c2999e6ba7edaef0241c94c91a129276bf73a7bb810d32368b8

"receiving your money back" event will not happen, but there is still an useful purpose for continuing this discussion.

You could consider money paid to Hashfast a prepaid tuition in the school of hard kicks. And the CRO a dean of the curriculum on how to recognize a long con and how to avoid similar scams in the future.

I understand that the majority of Hashfast buyers/investors were simply compulsive gamblers (or compulsive investors), and for those continuing this thread is really a waste of time.

But I think I recognize many people who simply were naive and Hashfast simply took advantage of their naivete and giddiness after the (then recent) gains in the price of Bitcoin. Those are the people who skipped the boring accounting classes where they anesthetize students with stuff like http://en.wikipedia.org/wiki/Letter_of_credit .

I know that the school of hard kicks is unfair: only a few people paid the tuition but many more students can audition the coursework for free from the sidelines. Personally, as an non-paying student, I just want to learn some details on how to run a prepackaged bankruptcy scam in Silicon Valley. I'm also hoping to learn if cypherdoc was a paid roper who knew what he was doing or just another giddy naif.

so HashLast is history? they announced bankruptcy?

hashfast.com

hashfast.org

+1  as the coin turns


how about an update or a new thread on the next steps?

+1000000000

I'm sorry for saying this but 95% of the posts here are just pointless debates or pseudo-intellectual masturbation which doesn't bring any coherent and valuable information to the subject of "receiving our money back".

Do you really want me to go there?

Come on now Bruno. Trying to tie Peter Morici to AMT because two properties had the same real estate company?

http://www.longandfoster.com/About_Us/about_us.aspx
"Long & Foster is the largest real estate company in the Mid-Atlantic region."
http://www.longandfoster.com/About_Us/Annual_Report.aspx
"Total 2013 sales volume and equivalents for all The Long & Foster Companies was $51.7 billion. "

Besides, what do you have against bow ties?

Yes, an old school hardcore Reaganomics guru.  That's awesome!

http://slideshow.mris.com/slideshow/slideshow.htm?ListingKey=97427178002

http://www.longandfoster.com/ - The same outfit that AMT least their first two offices from.

Surely, not this Peter: http://en.wikipedia.org/wiki/Peter_Morici

Agree, any idiot knows that founders of companies are not one and the same of the people put in charge of the company.  There are people that pay money and people that do work (maybe Greg Bach isn't either of these, but nonetheless the bigger question is WHY would any investor in their right mind invest in LiquidBits if they aren't real and generating a return for shareholders?  They aren't under attack anymore, nor are the poor HF employees, and now presumably the company is down to the two founders who everyone wants in jail other than when they are scamming millions, and down to a CRO who has gone silent.  What happened to Edgeworth bragging about his heroic ideas and leaking info to his brother about the grandiose plans.  Where are these plans and how can people at the company now be being paid money for doing anything when nothing is getting done.  There may be good merit to hire back the employees who at least got activity moving and made sales and shipped things.
CRO is Chief Reluctance Officer or what?  Chief of Real Obviscation?

It's now official: https://bitcointalksearch.org/topic/bitcoin-has-its-first-ceo-760734

In less than two minutes there's more proof that I am truly the CEO of Bitcoin than there if of Gregory Bachrach being the CEO of LiquidBits.

FYI, Gregory Bachrach is related to Quentin Page who once acted as James Gibson's lawyer even though he's not a lawyer, misapplying the Esq. tag, but I should digress seeing that I have a CEO title that needs to be untarnished.

~Bruno Kucinskas (CEO of Bitcoin)