Pages:
Author

Topic: Incoming Avalon News 8/9/2013 - page 37. (Read 186712 times)

full member
Activity: 126
Merit: 100
Just another miner
August 24, 2013, 11:57:12 AM
So the only news since 8/9/2013 is one more batch of chip has been delivered.
Over 2 weeks has passed and only one more delivered.

We only have limited info about all the batches in queue (see spreadsheet), so we don't have a way knowing.
Since OP two of the customers received shipping info (limited info), and only zefir got his batch #2.
There was no reply from Big Time Coin, but I asked on open forum and not by PM.

Edit: PM sent to Big Time Coin
sr. member
Activity: 378
Merit: 250
August 24, 2013, 10:48:37 AM
So the only news since 8/9/2013 is one more batch of chip has been delivered.
Over 2 weeks has passed and only one more delivered.
full member
Activity: 126
Merit: 100
Just another miner
August 24, 2013, 10:04:05 AM
Zefir - https://bitcointalksearch.org/topic/closed-avalon-asic-chip-distribution-177827
Code:
2013-04-30: Batch 7 ordered - Expected date of arrival (10 weeks) - 2013-07-09 ---> - 48 days
2013-04-30: Batch 6 ordered - Expected date of arrival (10 weeks) - 2013-07-09 ---> - 48 days
2013-04-28: Batch 5 ordered - Expected date of arrival (10 weeks) - 2013-07-07 ---> - 50 days
2013-04-24: Batch 4 ordered - Expected date of arrival (10 weeks) - 2013-07-03 ---> - 54 days
2013-04-20: Batch 3 ordered - Expected date of arrival (10 weeks) - 2013-06-29 ---> - 57 days
2013-04-18: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-06-27 - delivered - 2013-08-23 - 58 days late
2013-04-16: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-06-25 - delivered - 2013-07-24 - 29 days late
Big Time Coin - https://bitcointalksearch.org/topic/cancelled-big-time-coin-selling-90-ghs-bitcoin-mining-devices-batch-a-180093
Code:
2013-04-17: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-06-26 ---> - 60 days - received shipping info
ragingazn628 - https://bitcointalksearch.org/topic/group-buy2-avalon-asics-chips-1-chip-078btc-282mhash-189220
Code:
2013-04-27: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-07-06 ---> - 50 days
Steamboat - https://bitcointalksearch.org/topic/liquid-synergy-designs-inc-asic-mining-hardware-192916
Code:
2013-07-06: Batch 6 ordered - Expected date of arrival (10 weeks) - 2013-09-14 ---> + 22 days
2013-06-05: Batch 5 ordered - Expected date of arrival (10 weeks) - 2013-08-14 ---> - 10 days
2013-05-28: Batch 4 ordered - Expected date of arrival (10 weeks) - 2013-08-06 ---> - 19 days
2013-05-22: Batch 3 ordered - Expected date of arrival (10 weeks) - 2013-07-31 ---> - 25 days
2013-05-11: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-07-20 ---> - 36 days
2013-05-01: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-07-10 ---> - 46 days
SebastianJu' - https://bitcointalksearch.org/topic/group-buy-avalon-asic-chips-sebastianju-batch-6-ordered-closed-187660
Code:
2013-07-07: Batch 6 ordered - Expected date of arrival (10 weeks) - 2013-09-15 ---> + 23 days
2013-06-13: Batch 5 ordered - Expected date of arrival (10 weeks) - 2013-08-22 ---> -  2 days
2013-05-27: Batch 4 ordered - Expected date of arrival (10 weeks) - 2013-08-05 ---> - 20 days
2013-05-23: Batch 3 ordered - Expected date of arrival (10 weeks) - 2013-08-01 ---> - 24 days
2013-05-18: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-07-27 ---> - 28 days
2013-05-11: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-07-20 ---> - 35 days
t13hydra - https://bitcointalksearch.org/topic/closedavalon-chips-0081-btc-globalescrow-batch2-secured-189582   Sample chips unboxing  - https://www.youtube.com/watch?v=x1FLE59Hzck
Code:
2013-06-30: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-08-15 ---> - 10 days
2013-05-23: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-08-01 ---> - 24 days
kslaughter
https://bitcointalksearch.org/topic/m.2370446
Code:
2013-06-01: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-08-10 ---> - 15 days
2013-05-28: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-08-06 ---> - 19 days
bizwoo - https://bitcointalksearch.org/topic/closed-avalon-chips-0082btc-k16-miner-assembly-60eur-200067
Code:
2013-07-08: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-09-16 ---> + 25 days
2013-06-08: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-08-17 ---> -  7 days
marto74 - https://bitcointalksearch.org/topic/group-buy-avalon-chips-escrow-john-k-please-check-refund-list-until-sunday-217316
Code:
2013-07-06: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-09-14 ---> + 22 days
2013-06-17: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-08-26 ---> +  3 days

Total 270K of chips
220K are already late
50K still in time frame

Courtesy of paul3
Combined spreadsheet with the avalon payment address (1FGAftzSTztFSB8LMwsrdCKTyqGY6zr3sU).

https://docs.google.com/spreadsheet/ccc?key=0AiLYkKIHJaIsdHpIaGdUOWRYVUdncTNpNlVKbVhCbEE&usp=sharing

Info about the data in the spreadsheet:

Order: There are some payments that don't have the hole payment amount in one transaction, these have the same Order "ID". For example order 4 -> Payment 1: 700.6, Payment 2: 55, Payment 1: 26.5.

In total there are 54 orders, containing 97 * 10.000 Chips.

Updated daily - See more and help out at
https://bitcointalksearch.org/topic/closed-refunds-processavalon-chips-group-buy-order-time-frame-and-deliveries-277198
sr. member
Activity: 406
Merit: 250
August 24, 2013, 09:54:15 AM
Yifu is communicating now as much as he did during the Batch #2 fulfillment period.  This cannot be a surprise.  These chips are late, but so was Batch #1 and Batch #2.  This knowledge was in front of you when you made the purchase.  Tell me what answer you will give to the judge when he says "Isn't that curious.  Tell me why you thought he would ship on time this time?"

Dude, they pre-mined the crap out of Batch #2. That's why there was no communication as they delayed as much as possible.

They mined until the units turned up covered internally with dust and preconfigured to pools. Way beyond that of 'testing'. It was so noticeable, that they had to halt sending the dust coated pre-configured pre-mined silver units and re-start Batch #2 shipping, sending out fresh black ones that were intended for Batch #3 orders.

Hence the obscene delay in Batch #3.

C'mon man, be fair, this behaviour is inexcusable.

I want to believe this wasn't the case, but look at the evidence. At this point ignoring the subject will not help.

Couldn't agreed more
legendary
Activity: 974
Merit: 1000
August 24, 2013, 09:25:23 AM
Thank you for your statement Marco. Would you be interested in an employment about this issue? What/how much would you need to get this going?
full member
Activity: 168
Merit: 100
August 24, 2013, 09:11:45 AM
If you are looking to explain this issue to a litigator, then he'll want to see a few things up front:

1) what are the terms of that governed the transaction?
2) what is the timeline of the parties' statements and representations (who did/said what when)?
3) how many orders were placed and who placed them?
4) what was the cost of each order and the total orders?
5) what orders were/were not shipped?

This information isn't always available, of course.  Nonetheless, a class action suit needs a few informed, passionate lead plaintiffs to communicate information like this to their lawyer, whomever that may be.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
August 23, 2013, 01:16:07 PM
You had a good idea for a joke but executed with very poor delivery..lol

I admit I like your joke better.

Incoming... from a guy who used to do standup comedy in Nashville...
member
Activity: 94
Merit: 10
August 23, 2013, 01:07:31 PM
You had a good idea for a joke but executed with very poor delivery..lol

I admit I like your joke better.
sr. member
Activity: 392
Merit: 250
August 23, 2013, 01:02:18 PM
Starting to wonder if the creator of Bitcoin made a typo.  The "i" is right next to the "o".  Maybe the second "i" wasn't suppose to be there.

You had a good idea for a joke but executed with very poor delivery..lol
member
Activity: 94
Merit: 10
August 23, 2013, 12:57:33 PM
Starting to wonder if the creator of Bitcoin made a typo.  The "i" is right next to the "o".  Maybe the second "i" wasn't suppose to be there.
hero member
Activity: 574
Merit: 501
August 23, 2013, 12:56:51 PM
They aren't - these are Avalon Batch 1,2,3 refunds and trade ins.
hero member
Activity: 854
Merit: 500
August 23, 2013, 12:53:14 PM
he says here:
http://www.avalon-asics.com/

That he is processing refunds.

Why are the Group buy people asking for refunds?

(sorry if this is a stupid question)
legendary
Activity: 2702
Merit: 1468
August 23, 2013, 12:46:01 PM
Yifu is communicating now as much as he did during the Batch #2 fulfillment period.  This cannot be a surprise.  These chips are late, but so was Batch #1 and Batch #2.  This knowledge was in front of you when you made the purchase.  Tell me what answer you will give to the judge when he says "Isn't that curious.  Tell me why you thought he would ship on time this time?"

Dude, they pre-mined the crap out of Batch #2. That's why there was no communication as they delayed as much as possible.

They mined until the units turned up covered internally with dust and preconfigured to pools. Way beyond that of 'testing'. It was so noticeable, that they had to halt sending the dust coated pre-configured pre-mined silver units and re-start Batch #2 shipping, sending out fresh black ones that were intended for Batch #3 orders.

Hence the obscene delay in Batch #3.

C'mon man, be fair, this behaviour is inexcusable.

I want to believe this wasn't the case, but look at the evidence. At this point ignoring the subject will not help.

In the context of pursuing a lawsuit, the important question is "will a judge believe this."



Well if one can provide photographic evidence. Check.

Reports from legitimate purchasers with photographic evidence at the time pf receipt of goods, as well as courier documents/customs dockets. Check.

Evidence that units were preconfigured to specific pools where 900BTC (approx equal to US$1m, of a an approx $1B currency, further directly manipulating it's overall supply) has accumulated to specific wallets within specific dates. Check.

I'd find it hard for a judge not to consider such empirical evidence.

Especially when further corroborated with the evidence that the manufacture of chips equal to all the community bulk orders in total was in fact in Bitsycom's possession from late June. Posted by one of their own design team, and a total blanket on any communication from those entrusted with the funds and orders for weeks subsequent, followed by continued ignorance of their existence and inconsistent excuses.

Not to mention continual promises to refund which never transpire, and an aggressive increase in global hashrate throughout he same period which cannot be solely attributed to another US based manufacturer with an awful track record of delivering anything.

EDIT: As I have been quite rightly corrected 900btc is not equal to US1m, yet is substantial. As such the pre-mining may be less significant in the supply of BTC, but holding or reselling the quantity of chips on order is not. That said I want Yifu to retain 'Hero' status, but this is beyond giving the benefit of doubt now.

Unfortunately, he probably did not break any laws.  Unfair business practice, maybe.  Unethical, of course. Liar, liar pants on fire, you bet.  But unfortunately in the US, he probably did not break any laws.
Not sure, you might want to check with your lawyer.  

Disclaimer: I'm biased because I've sent my Icarus boards to this guy.  In April.
KS
sr. member
Activity: 448
Merit: 250
August 23, 2013, 12:13:40 PM
900BTC ≃ 100K USD.

800K GB chips @ 0.0782 BTC/u. @ 115 USD/BTC = 6.9 million USD. => THIS is where the hurt is coming from.
hero member
Activity: 532
Merit: 500
August 23, 2013, 12:06:57 PM
Yifu is communicating now as much as he did during the Batch #2 fulfillment period.  This cannot be a surprise.  These chips are late, but so was Batch #1 and Batch #2.  This knowledge was in front of you when you made the purchase.  Tell me what answer you will give to the judge when he says "Isn't that curious.  Tell me why you thought he would ship on time this time?"

Dude, they pre-mined the crap out of Batch #2. That's why there was no communication as they delayed as much as possible.

They mined until the units turned up covered internally with dust and preconfigured to pools. Way beyond that of 'testing'. It was so noticeable, that they had to halt sending the dust coated pre-configured pre-mined silver units and re-start Batch #2 shipping, sending out fresh black ones that were intended for Batch #3 orders.

Hence the obscene delay in Batch #3.

C'mon man, be fair, this behaviour is inexcusable.

I want to believe this wasn't the case, but look at the evidence. At this point ignoring the subject will not help.

In the context of pursuing a lawsuit, the important question is "will a judge believe this."



Well if one can provide photographic evidence. Check.

Reports from legitimate purchasers with photographic evidence at the time pf receipt of goods, as well as courier documents/customs dockets. Check.

Evidence that units were preconfigured to specific pools where 900BTC (approx equal to US$1m, of a an approx $1B currency, further directly manipulating it's overall supply) has accumulated to specific wallets within specific dates. Check.

I'd find it hard for a judge not to consider such empirical evidence.

Especially when further corroborated with the evidence that the manufacture of chips equal to all the community bulk orders in total was in fact in Bitsycom's possession from late June. Posted by one of their own design team, and a total blanket on any communication from those entrusted with the funds and orders for weeks subsequent, followed by continued ignorance of their existence and inconsistent excuses.

Not to mention continual promises to refund which never transpire, and an aggressive increase in global hashrate throughout he same period which cannot be solely attributed to another US based manufacturer with an awful track record of delivering anything.

EDIT: As I have been quite rightly corrected 900btc is not equal to US1m, yet is substantial. As such the pre-mining may be less significant in the supply of BTC, but holding or reselling the quantity of chips on order is not. That said I want Yifu to retain 'Hero' status, but this is beyond giving the benefit of doubt now.
legendary
Activity: 3878
Merit: 1193
August 23, 2013, 11:50:07 AM
Or this?
< ozbot> 50810339.04828 | Next Diff in 200 blocks | Estimated Change: 28.9747% in 0d 23h 33m 12s

Ack! Sad

That's gonna leave a mark.

Look on the bright side, it's not as bad as the last one. The previous adjustment was +36%.
sr. member
Activity: 294
Merit: 250
August 23, 2013, 11:29:09 AM
Or this?
< ozbot> 50810339.04828 | Next Diff in 200 blocks | Estimated Change: 28.9747% in 0d 23h 33m 12s

Ack! Sad

That's gonna leave a mark.
hero member
Activity: 602
Merit: 500
August 23, 2013, 11:21:53 AM
no lawsuits in the works? i'm surprised

doesn't matter what happened - what Avalon did caused financial loss due to them not holding their end of the contract.
100% the judge will rule against them. depending on what actually happened they could be prosecuted for criminal fraud and go to jail.
i guarantee that it is much better for yifu to partially refund and come out CLEAN about what happened than have it all be discovered in the court of law.
sr. member
Activity: 392
Merit: 250
August 23, 2013, 11:00:28 AM
That's not the story that would be presented to the judge, obviously.
legendary
Activity: 1246
Merit: 1002
August 23, 2013, 10:57:18 AM
Yifu is communicating now as much as he did during the Batch #2 fulfillment period.  This cannot be a surprise.  These chips are late, but so was Batch #1 and Batch #2.  This knowledge was in front of you when you made the purchase.  Tell me what answer you will give to the judge when he says "Isn't that curious.  Tell me why you thought he would ship on time this time?"

Dude, they pre-mined the crap out of Batch #2. That's why there was no communication as they delayed as much as possible.

They mined until the units turned up covered internally with dust and preconfigured to pools. Way beyond that of 'testing'. It was so noticeable, that they had to halt sending the dust coated pre-configured pre-mined silver units and re-start Batch #2 shipping, sending out fresh black ones that were intended for Batch #3 orders.

Hence the obscene delay in Batch #3.

C'mon man, be fair, this behaviour is inexcusable.

I want to believe this wasn't the case, but look at the evidence. At this point ignoring the subject will not help.

In the context of pursuing a lawsuit, the important question is "will a judge believe this."

Pages:
Jump to: