Topic: Incoming Avalon News 8/9/2013 - page 72. (Read 186712 times)

lol, I guess i have to re explain my point ,,, obviously I threw an air ball...

Oh, so you're saying spend 780 BTC on chips doesn't matter, because the 300 BTC I could mine would be worth more than my original 780 BTC.  You retarded?

Even better to do both Mine and buy

BTC value doesn't matter! If someone speculates for higher BTC/USD rates it's better to buy coins instead.

I wish eveyone would quit freaking out over the difficulty level....a small rise in BTC value say to 110 or 120 will more than make up the difference in daily earned BTC. Lets face it,,there is going to be a butt load of asics shipping in the last qtr. of this year...most stand to never see the ROI unless BTC value shoots up...thats what really we are all counting on,,otherwise we all might as well just start ordering our next 100g/hash's from someone and it will never end...

I tried this for days, 2-4 times each hour. 80% of the time it let it ring out for 30 seconds, the rest he clicks you away. He wont answer for sure. And his voice recorder is useless too. The only way to get something to his attention is writing a ticket with a header he is interested in. But dont await an answer!

+1

Thank you for making my morning.

These group buy chip participants are going to get their asses handed to them.   By the time Yifu delivers and the boards get populated, tested etc. the value of what they will receive will be nominal at best.   It will take time to get finished product into each participants' hands even after the chips arrive.   IF (and that is a big IF) with this chronic liar, Yifu decides to dilute his own mining market share and ships all the chips next week, you are probably looking at mid Sept before people get something at their home to hash with.   And, they will be up against the wave of all the other people getting them also.   And, possible asicminer.  The russians already showed they can ship and their product is solid.  Then you throw in the uncertainty of all the bragging from KnC and Hashfast etc. and you have the formation of something that looks like a cluster brought to you by Yifu.   I am sure he will ship the chips before all these others dilute his batch II mining farm (or maybe that is the machines the "mafia" stole -- either way we all see them running) since it becomes more in his favor to do it.   If one of you shakes this turd's hand at the next bitcoin conference, then you are getting what you deserve.

True, my standpoint, is that without the sabre rattling Yifu's has no motivation to apparently behave responsibly and keep his customers, both large and small (small being indirectly related to him out of his own choice, but none the less dependant on him) informed and abreast as to what has happened, what is happening, and what will happened, crucially by what date. He then needs to see this through and understand he can and will be held accountable for any lack of integrity and/or fraudulent business practice.

In reality though it should never come to the point by which his customers have to rely on bullshit media exposure by underhand public relations, and vocalised discontent by pissed former employees splashing photographs that contradict his statements, to gauge any idea of whats going on, and threats of legal action to get answers.

I agree with you at this point there will be legal recourse.  Yifu didn't make a contract with the members of the group buys, just the group buy heads.  A lot of radio silence from the group buy heads suggest to me that they are weighing their options.  If they were to speak it could weaken their case.

The "no bullshit" terms of sale have been broken by Avalon.

In either case, unlike an actual shill I am not trying to stop you from pursuing legal action against Avalon. You can go ahead and do so, but I am taking the time to point out from the onset that the issues will reverberate in a ways people from a Group Buy aren't going to intend.

In order for that not to be true, everyone has to be on the same page about who to go after. Somehow, knowing the BitCoinTalk community....I suspect that will never be the case.

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I wouldn't be the least surprised if after there is legal pursuit after Yifu and company, that part of the Group Buyers will also go after the Group Buy Hosts.

Which obviously is not something you can really control. I mean Bicknellski is already (seemingly) subtle in his remarks that he expects some kind of financial support to even start to go after Yifu.

If so, is he also going to use those very same funds to defend himself from others who decide to go after him legally?

Sounds like a surefire way to clusterfuck the situation. Keep in mind, I actually like and respect Bicknellski! I am just not sure if this is the most rational course of action at this time; especially if he hopes to get 100% agreement as to whom to sue.

waiting

Agreed you have been open, reading a lot of the BFL threads and seeing your posts is how I came to those conclusions.  I was not intending to imply you were hiding things just pointing it out for anyone who may not have be totally familiar with the background.

Last Active:   Today at 07:31:09 AM

You think he would have come in and addressed some of people's issues!

Someone needs to keep ringing him until he picks up, surely someone has a number for him?

Things need addressing and I understand that the huge amount of comments can be a bit over whelming, an idea would be to set up a Skype call/ Google hangout between him and the group buyers.

Interesting, that threats have them trembling too much to handle simple logistics and communication tasks. Yet they can tackle the intellectual hurdles of designing a new chip.
I think any logical person would resolve all the shipping and communication to customers and shady dealers alike as hastily as possible to get out of the fire, THEN disappear and never design another bitcoin chip again. If they were truly scared for their lives... they'd wash their hands of it all - not plan the next chip

For example, (assuming) if you know Avalon is going to discount the chips in the near future, then perhaps it is a good idea to be compensated with extra chips in the batches already ordered. (within reason)

I think boycotts are only effective if they need customers.
I don't think that is the position that Bitsyn.com is in anymore.

I had a weird thought. 
What if Avalon's "big customer" was a mid to high level political operative who had the connections/ability to slow down customs once he received his shipments? 

Thats all pretty true. (except the fanboi part)

It's not like I have ever hidden that. Just keep in mind I have also pointed out my reasons why I don't go with the herd.

If Avalon does crap, I am going to point it out.

Personally, I don't know the full story or even what Yifu is intending to do. I do not know why he has gone incommunicado. Either way, I am pretty sure he is watching every now and then what the latest developments are.

If you all want to go down a specific path just keep in mind everyone will blow themselves apart in that game.

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As for me, I am waiting to see what comes out of the new companies like KNC and Bitfury et al. I made a hell of a bet a long time ago, and won. I won't be gambling on the next.

I have assessed the situation and came to a conclusion. I didn't join the Chip Buyers in the herd mentality. I am simply still watching to see what develops.

Seeing the Group Buy hosts doing rather irrational things is pretty concerning. Especially if they think they are going to get a positive resolution out of finger pointing. If they start a problem that consumes their capacity to produce open source hardware, (or just plain clones) that would be concerning. (for the future)

I do my part by pointing it out. As I don't see this ending well. Perhaps in their own stress they aren't looking at things which will blowback unto themselves.

Either way, if you want to go after the Avalon Team or Yifu Gou, go ahead. Though my personal view is this is going to cause more trouble than it is worth. I'd personally wait and see what Yifu does next to extend support to the community during a time of crisis.

Group buys leaders should take the lead. Poll their buyers and then be forceful with Avalon on what they want.

REFUND
DELIVERY
COMPENSATION

etc.

I'd advocate refund and boycotts until Avalon makes the following clear to group buy leaders.


1. Chips are located where?
2. Chips are going to be shipped definitively when?
3. Refunds offered to those asking.
4. Boycotts continue until we all have been compensated
5. Legal action is started now as a safety net should Avalon fail to provide resolutions 1 to 4.

Anything less and Avalon will simply avoid the consequences and likely move on to Gen2 production without any response.

Certainly from a $ dollars point of view it is.