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Topic: Incoming Avalon News 8/9/2013 - page 55. (Read 186691 times)

hero member
Activity: 532
Merit: 500
August 16, 2013, 01:14:50 PM
Avalon's time in the marketplace reminds me of this:
http://www.break.com/video/brutal-rooftop-parkour-faceplant-2380511

Running along to inspirational music, everything is great, then...

I already know I don't want to see this. Lips sealed
legendary
Activity: 1190
Merit: 1000
August 16, 2013, 01:12:37 PM
Avalon's time in the marketplace reminds me of this:
http://www.break.com/video/brutal-rooftop-parkour-faceplant-2380511

Running along to inspirational music, everything is great, then...
full member
Activity: 250
Merit: 100
RockStable Token Inc
August 16, 2013, 01:07:00 PM
I take the delay in shipping the chips with grave concern (I myself am in the order books of Zefir), however I am very sad to see the reaction of most people in this thread. You are cry babies, toddlers in a tantrum. Waaaah! Give me my chips, or else!

I wait patiently, knowing that Avalon has had a good track record (not perfect by any means, but good).

We are all in uncharted waters, and this captain of the ship (Yifu) has given us some assurance that we will get to our destination. That is enough. None of your crying has helped, and none of your conspiracy theories are true.

Sure, you can ask the government for help, but please realize that that is like asking the Mafia to fix your problem. It will get fixed, for sure, but in a way that will make all of us losers in the end. I suppose this is how the government grows in size indefinitely: by us inviting it to govern more and more of our affairs.
sr. member
Activity: 457
Merit: 250
August 16, 2013, 11:43:06 AM
This is good. I have my small claims forms ready to go locally for me.
member
Activity: 67
Merit: 10
August 16, 2013, 11:41:35 AM
I am in the process of getting the ball rolling with a class action lawsuit. I will have more information available on Monday, and should be able to post more info next week.
hero member
Activity: 671
Merit: 500
August 16, 2013, 11:32:22 AM

Meanwhile, I want to acquire 1 working chip.  


I have 4 chips left in SebastianJu's 1st batch group buy.  You can have them if you think BitSyncom will ship them.  I no longer have faith.  PM him.
full member
Activity: 238
Merit: 100
August 16, 2013, 11:28:32 AM
A former student turned 21, and her boyfriend bought me a shot.  I have not finished my coffee, and all of this may be wrong.
  Grin  Oh, this is bittersweet for me.  There was a fork in the road for me where one path lead down to what could have made me, like you, one of the last of the American Renaissance, a member of a respected leisure class paid six figures to think.

I didn't take it, and not a week goes by, when, by circumstances, stress, and risk, I don't think back to that path not taken.

Have a good weekend.  But, for full time faculty, weekends and weekdays don't always look that much different.  Wink
legendary
Activity: 1246
Merit: 1002
August 16, 2013, 11:17:51 AM
I wish I had the patience and free time to read 58 pages, but I don't.

Can someone write a quick summary of what the news are without much sarcasm or insults Smiley

Thank you Smiley

Yifu is alive.  The Chinese mob is interested in easy money, his team's family was approached and they took some time to protect the team.  He did not say that, without the team, no further deliveries can occur.  Someone mentioned customs, but I no longer can remember if it was Yifu, or a detractor.

He claims that things are settled enough to begin shipping again.  Some interpret this as a "to the minute" guarantee and they are beginning to feel betrayal and create their own drama.  Others take this as a general guideline in a setting of Chinese business, and are feeling hopeful.

The community is divided as to whether they believe him.  One side finds some fact that can be interpreted as bad behavior and claims it as proof, and calls for various kinds of escalation, some of which is ethical, some of which is not.

The other side notices that several interpretations can fit the known facts, such as the blockchain.

A call for additional facts, such as the manufacturing codes on any known Avalon chips, is outstanding.

In summary, it is following the story-line in the threads for Batch #1, Batch #2, and Batch #3.  The characters are the same, the personalities are the same, the angst is useless but real, and nobody can tell the future.

Meanwhile, the majority of Batch #1, #2, and #3 customers are mining away.  Burnin has received chips from Zefir's 1st chip order and he has shipped his clone units.  Performance and modification reports are arriving from the field.  In addition, the non-clone design with Avalon chips is also shipping and boards are hashing in the wild.

Meanwhile, I want to acquire 1 working chip.  

In unrelated news, HashFast has announced a pre-order of their Baby Jet for $5,600.  It is announced for October 20-30 at 400 GH/s.  They made a unit mistake on their announcement, and said 1.0 W/GH  instead of either 1.0 J/GH or 1.0 J/GH/s.  I confidently interpret this to mean that no scientist or engineer proof read that page.

A former student turned 21, and her boyfriend bought me a shot.  I have not finished my coffee, and all of this may be wrong.


hero member
Activity: 742
Merit: 500
August 16, 2013, 11:17:25 AM

Here's the best summary.  Read it and weep.


Thank you Smiley
Was there an official post in this thread?

Only "official" post in this thread was a notice that a summary was coming.  Then someone quoted page 1 and Bitsyncom pointed out there was a second page.  That's all we have to go on "officially".
hero member
Activity: 812
Merit: 502
August 16, 2013, 11:10:26 AM

Here's the best summary.  Read it and weep.


Thank you Smiley
Was there an official post in this thread?
hero member
Activity: 854
Merit: 500
August 16, 2013, 11:09:35 AM
I wish I had the patience and free time to read 58 pages, but I don't.

Can someone write a quick summary of what the news are without much sarcasm or insults Smiley

Thank you Smiley

Sure let me summarize for you:

READ: http://www.avalon-asics.com/
hero member
Activity: 671
Merit: 500
August 16, 2013, 11:08:40 AM
I wish I had the patience and free time to read 58 pages, but I don't.

Can someone write a quick summary of what the news are without much sarcasm or insults Smiley

Thank you Smiley

Here's the best summary.  Read it and weep.


I've held off on posting this... Thinking someone else would illuminate the obvious....

But the reality is... Your avalon chips are actively hashing right now. I'm sorry, but you aren't going to be receiving your chips.

Yifu has lost control of his influence in BitSynCom and, as per their agreement, the others are actively producing chips and bringing those chips onto the network.

I have every belief YiFu is a stand-up guy and is trying to to what's best, but the reality is he has been beat down by members of his own team.

The chips destined for orders have been, shall we say, acquired, and will not be delivered to their intended recipients.

Which brings me to my larger point.... ASIC chips are in the wild in china and will replicate like rabbits smothering the hash rate and sending difficulty to the moon. Are you prepared for this?

Yifu - prove me wrong. Please. Let everyone know where are the chips? Tell us that your colleagues aren't actively producing personal avalon chips based off of the BitSynCom design. Please.
legendary
Activity: 2198
Merit: 1000
August 16, 2013, 11:08:04 AM
Best thing that can happen today, is for yifu to log in and give us a frank and honest update.... give us the good the bad and the ugly, on wtf is happening, if he knows.... all this speculation and rumors and theory is all just that. We need some facts here. Till then Huh

Edit: Only fact we know, is the chips are late and not here.....
legendary
Activity: 1246
Merit: 1002
August 16, 2013, 10:55:56 AM
Ya... seems familiar... taking page right out of Josh's playbook. Funny you love to chime in about Yifu but seem almost negligent to do the same rip jobs on Josh. What is so different?

Hypocrite.
Yep.  The reactions of the posters are so entertaining.  Sports talk radio.  The only difference is, in sports, the teams almost always are professional, they show up for every game, and they try their best.

The best course is to accept the reality that both BFL and Avalon are dysfunctional and corrupt, with their own interests totally removed from the interests of the customers whose money they already have.  Whether you see them simply as losers or also as criminals, the healthiest thing is just to let it go emotionally.  

Then, you can put it on the footing of just business.  You can pursue whatever avenues might be open to you to recover your losses, and sit back and watch the theater of the absurd offered by the kind of hypocrisy you cite.

My advice, today, though, is to not let it get into the way of enjoying your weekend, and compare the available alternative forms of entertainment before logging in here.

I like graphs and data.  It would be interesting, to me, to know all the payment from Batch #2, and see what the blockchain can tell us.  To get that, the people who ordered the 600 units would have to divulge the transaction numbers of their payments.  I personally don't think we would get a high level of cooperation with that.  But anyway, show perhaps a timeline and all the transactions where the Batch #2 payments were inputs.

hero member
Activity: 812
Merit: 502
August 16, 2013, 10:53:53 AM
I wish I had the patience and free time to read 58 pages, but I don't.

Can someone write a quick summary of what the news are without much sarcasm or insults Smiley

Thank you Smiley
full member
Activity: 238
Merit: 100
August 16, 2013, 10:47:16 AM
Ya... seems familiar... taking page right out of Josh's playbook. Funny you love to chime in about Yifu but seem almost negligent to do the same rip jobs on Josh. What is so different?

Hypocrite.
Yep.  The reactions of the posters are so entertaining.  Sports talk radio.  The only difference is, in sports, the teams almost always are professional, they show up for every game, and they try their best.

The best course is to accept the reality that both BFL and Avalon are dysfunctional and corrupt, with their own interests totally removed from the interests of the customers whose money they already have.  Whether you see them simply as losers or also as criminals, the healthiest thing is just to let it go emotionally.  

Then, you can put it on the footing of just business.  You can pursue whatever avenues might be open to you to recover your losses, and sit back and watch the theater of the absurd offered by the kind of hypocrisy you cite.

My advice, today, though, is to not let it get into the way of enjoying your weekend, and compare the available alternative forms of entertainment before logging in here.
legendary
Activity: 1442
Merit: 1000
Antifragile
August 16, 2013, 10:45:51 AM
Quote
While we have send out some chip orders, there is currently ~200k chips stuck in custom right at this moment for about 2 weeks now, this matter is very painful for us and our customers. As majority of the chip orders ( 70% ) totaling ~800k is made between early and mid-may resulting in a tight time frame to work with. We do have more chips coming in via different route next week which will ease this a little bit. (you can take this as chips will resume shipping by end of next week for now.)

Yifu ordered the chips, received a better offer/bribe/threat and sold them, ordered more from TSMC hoping to get them in time so no-one noticed.

Once the 10 weeks had passed he went quiet hoping they'd arrive soon, but 5 weeks later was forced to break cover and come up with some bullshit about customs.

That is what I am afraid of. His cutting off of communications (yet being seen logging on) is a possible confirmation. I really think we need to consider a class action lawsuit so we can have access to their records AND see if they indeed sold to someone after us (but delivered before us). I'm sure they will try to fudge the books, but it won't matter as the delivery times we were told would then, not make sense (if a large order - ours - went out to another customer before us.) Also would like to see the deposits into their account from this other customer. My bet, if they didn't hide it, is it would be larger than expected (highest bidder). Unless they are totally operating a corrupt business, they slipped up the records along the way.

legendary
Activity: 1098
Merit: 1000
August 16, 2013, 10:28:36 AM
Quote
While we have send out some chip orders, there is currently ~200k chips stuck in custom right at this moment for about 2 weeks now, this matter is very painful for us and our customers. As majority of the chip orders ( 70% ) totaling ~800k is made between early and mid-may resulting in a tight time frame to work with. We do have more chips coming in via different route next week which will ease this a little bit. (you can take this as chips will resume shipping by end of next week for now.)

Yifu ordered the chips, received a better offer/bribe/threat and sold them, ordered more from TSMC hoping to get them in time so no-one noticed.

Once the 10 weeks had passed he went quiet hoping they'd arrive soon, but 5 weeks later was forced to break cover and come up with some bullshit about customs.
hero member
Activity: 671
Merit: 500
August 16, 2013, 10:14:15 AM
unless it was a stall and delay tactic.....smoke and mirrors.

+1
legendary
Activity: 2198
Merit: 1000
August 16, 2013, 10:10:40 AM




late next week™

And zero communication for the past week..

The wait will continue...




Yifu kept his promise. The long awaited chips were successfully delivered this week - all 30 of them!


yes indeed, a token of his appreciation.....
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