Looks legit.
+1
@squid used ImageShack not sure why it takes so long to load i did have to re-size it, that might be why its slow
Topic: Is ASIC's a SCAM? - page 2. (Read 12694 times)
+1
@squid used ImageShack not sure why it takes so long to load i did have to re-size it, that might be why its slow
Looks legit.
Yes this the Butterfly labs address and they repair building foundations, but just up the road is a bigger store that repairs Arcade machines and I'm guessing they hung around in there and got friendly with the electronics engineer and cooked up a plan to make loads of bitcoins? 
So is this BFL ?
Yes. That is the address they have been using, and it has the owner's name on the building.
THE ASIC IS A LIE 
My personal opinion is it was just a matter of time with the current bitcon environment that asics get developed, of course i expect scams but not the whole niche to be a scam.
I compare it directly to inventing baggers, with a little difference.
There are scenarios in my mind that would bring asic firms eventually into trouble.
1. An algho change, gues this would be pretty much the worst case.
I compare it directly to inventing baggers, with a little difference.
There are scenarios in my mind that would bring asic firms eventually into trouble.
1. An algho change, gues this would be pretty much the worst case.
Minus the possibility of SHA being broken, once ASICs are online in mass I believe it's pretty much impossible to change algo, as the vast majority of hash power will BE the ASICs, and you can't get the algo to change unless you get a majority of the nodes/miners to change as well. Hence, it will be sha forever from the ASICS point of view.
Let me conter, you wouldnt say electric cars should not be invented because everybody bought gas cars and the manufacturers are focused on gas cars.
I would say, there could situations arise that are not expected or force to a change.
Yea this is all speculation but its pretty naive to ignore that.
The only thing that a situation like this would emerge is that there are probably ,for a shorter peroid where new asic devices get developed there might be less btc for sale in the exchnages. It doesent change the fact that there are 21 million btc to be mined.
My personal opinion is it was just a matter of time with the current bitcon environment that asics get developed, of course i expect scams but not the whole niche to be a scam.
I compare it directly to inventing baggers, with a little difference.
There are scenarios in my mind that would bring asic firms eventually into trouble.
1. An algho change, gues this would be pretty much the worst case.
I compare it directly to inventing baggers, with a little difference.
There are scenarios in my mind that would bring asic firms eventually into trouble.
1. An algho change, gues this would be pretty much the worst case.
Minus the possibility of SHA being broken, once ASICs are online in mass I believe it's pretty much impossible to change algo, as the vast majority of hash power will BE the ASICs, and you can't get the algo to change unless you get a majority of the nodes/miners to change as well. Hence, it will be sha forever from the ASICS point of view.
My personal opinion is it was just a matter of time with the current bitcon environment that asics get developed, of course i expect scams but not the whole niche to be a scam.
I compare it directly to inventing baggers, with a little difference.
There are scenarios in my mind that would bring asic firms eventually into trouble.
1. An algho change, gues this would be pretty much the worst case.
1.1 An algho change that prevents asic mining and requires multi cpu cpu`s or some sort of ram thing i have read.
1.2 SHA broken - and algho change required lead to 1
2. To low production capabilities.
3. Unprofitable outlook, if for buyers the risk vs reward is not correct the devices simply not get bought.
4. The apple problem (yeah you got a great product but whats the next step, how can the company survive long term, what are innovations to be expected.)
What makes me wonder indeed is the future outlook, what is the outlook for these companies to be still here in lets say 5 years, what would they do then?
I compare it directly to inventing baggers, with a little difference.
There are scenarios in my mind that would bring asic firms eventually into trouble.
1. An algho change, gues this would be pretty much the worst case.
1.1 An algho change that prevents asic mining and requires multi cpu cpu`s or some sort of ram thing i have read.
1.2 SHA broken - and algho change required lead to 1
2. To low production capabilities.
3. Unprofitable outlook, if for buyers the risk vs reward is not correct the devices simply not get bought.
4. The apple problem (yeah you got a great product but whats the next step, how can the company survive long term, what are innovations to be expected.)
What makes me wonder indeed is the future outlook, what is the outlook for these companies to be still here in lets say 5 years, what would they do then?
"Application Specific Intergrated Circut" = A processor desgined to mine bitcoins.
ANYONE seriously believes that ALL the ASIC companies are All Totally full of shit?
Thats alot of Long Cons all banking on the exact same con to work.
ANYONE seriously believes that ALL the ASIC companies are All Totally full of shit?
Thats alot of Long Cons all banking on the exact same con to work.
So is this BFL ?
so what if it is BFL,(which i think it is not).
as long as they make a device that hashes at 60G for 1200 bucks.. who cares what the building looks like
So is this BFL ?
That image literally took a minute to load. I would suggest using imgur or some other more reliable image host.
nop this is bitcointalk.
So is this BFL ?
There not real until I can buy one tomorrow 
Guy who pre-ordered: Of course ASICs aren't a scam, you're all just jealous of my anime hair >.>
Guy who didn't pre-order: Of course ASICs are a scam, and being this is Bitcoin, I don't believe it until I see 6 confirmations <.<
edit: i'm in for 270gh/s worth of cablepair's bASIC's, there won't be a rage bar big enough to contain my infuriated testicle hairs if they aren't real...
Guy who didn't pre-order: Of course ASICs are a scam, and being this is Bitcoin, I don't believe it until I see 6 confirmations <.<
edit: i'm in for 270gh/s worth of cablepair's bASIC's, there won't be a rage bar big enough to contain my infuriated testicle hairs if they aren't real...
i have heard many people saying that Butterfly Lab and the other manufactures who make ASIC's is a SCAM
and this could be true because there is no proof than even ASIC exist and no one has even has a picture of a ASIC
what you you all say about ASIC's?
and this could be true because there is no proof than even ASIC exist and no one has even has a picture of a ASIC
what you you all say about ASIC's?
First open your directory to learn the definition of ASIC.
Then continue reading those threads about BFL.
Hint : If I had purchased a BFL ASIC I would be tempted to discourage others to do the same and if I had not I would be jealous and would not be willing to accept the truth.
what truth.
.explane please.. i only need some facts ..If you check the two picture you can easely see that the seposed jally board is excactly the board in the SC pic 90degree turned and fixed with some les parts mounted on the board just look at them for 5min compare and you see that i am right thats a fact it,s the same board only a day less worked on...they really suck .....
no way it easely bin made that way i m not here to troll BFL but this is again no evidence and it IS the same board even the letters are sandpapered off.. but just keep giving your money to this pithole .....
Both ports can be swapped out for other power related components should we need to change the connector type to something else."
That's some amazing detective work to realize that the board was turned to the side. Besides the "quarter-turn" which clearly indicates it is a scam, do you have any further observations?
Here some interesting threads for u:
https://bitcointalksearch.org/topic/the-thread-in-which-bfl-trolls-enterpoint-88363
https://bitcointalksearch.org/topic/re-butterfly-labs-ceo-25-million-usd-mail-fraud-a-concise-summary-of-evidence-110805
https://bitcointalk.org/index.php?topic=79637.1320
Seriously.. some people need to shut the fack and grow the fack up. All I'm hearing/seeing is this:
People Type A complains how there are no information about BFL or how they're not transparent enough with their business practices.
BFL releases information on 3D CAD designs for upcoming ASIC protoypes. -> People Type A retorts back saying those are just computer generated images and BFL is a SCAM.
BFL releases information on ASIC production machines -> People Type A retorts back how those can be ovens or machines to make other stuff (conspiracy theories).. and BFL is a SCAM
BFL releases information on ACTUAL real-life ASIC prototype boards as of their most recent news. -> People Type A still continues to bitch about it and says BFL is a SCAM
People Type A complains how there are no information about BFL or how they're not transparent enough with their business practices.
BFL releases information on 3D CAD designs for upcoming ASIC protoypes. -> People Type A retorts back saying those are just computer generated images and BFL is a SCAM.
BFL releases information on ASIC production machines -> People Type A retorts back how those can be ovens or machines to make other stuff (conspiracy theories).. and BFL is a SCAM
BFL releases information on ACTUAL real-life ASIC prototype boards as of their most recent news. -> People Type A still continues to bitch about it and says BFL is a SCAM
it's mainly because of unclear BFL backgroud (their CEO of CTO or who actually is he) and also because of big differences in promised and real power consumption of their FPGA based miners..
I swear by the time BFL actually SHIPS the products out, people will still continue to find a way to bitch. I'm not saying BFL isn't a scam but neither am I saying it is.. all I'm saying is I'm growing weary everytime I read complaints about BFL this and that. Besides, for those who didn't pre-order their Jallies or Singles.. WHY ARE YOU BITCHING ABOUT SOMETHING YOU NEVER INVESTED IN? I placed a pre-order in the start but decided to pull out.. BFL refunded me promptly. That was my decision based on my own due-diligence. If you didn't place a pre-order, you shouldn't be bitching about anything IMO. Yes, it's just my IMO and my words can't hurt you.
Geez people.. SERIOUSLY! >=/
Geez people.. SERIOUSLY! >=/
it's not only about 'pre-order or not to pre-order'..Can you imagine what would happen if one of the ASIC miner vendors was a real crook and stole hundreds of thousands or millions of USD? I think Bitcoin really does not need another mega fuckup in his short history..Only we can do here is: Ask, ask, ask..and get relevant feedback..
BFL seems to be a leader in ASIC based miners development (OK, they were first who announced these toys) and I would personally expect completely different marketing strategy they actually use - especially PR since what BFL_Josh / Inaba is doing here is a pure disaster..
am i missing something or did i got lost in the wrong thread? like 2 days ago i posted here, along with someone else and i cant find these posts again. deleted? o.O
Seriously.. some people need to shut the fack and grow the fack up. All I'm hearing/seeing is this:
People Type A complains how there are no information about BFL or how they're not transparent enough with their business practices.
BFL releases information on 3D CAD designs for upcoming ASIC protoypes. -> People Type A retorts back saying those are just computer generated images and BFL is a SCAM.
BFL releases information on ASIC production machines -> People Type A retorts back how those can be ovens or machines to make other stuff (conspiracy theories).. and BFL is a SCAM
BFL releases information on ACTUAL real-life ASIC prototype boards as of their most recent news. -> People Type A still continues to bitch about it and says BFL is a SCAM
I swear by the time BFL actually SHIPS the products out, people will still continue to find a way to bitch. I'm not saying BFL isn't a scam but neither am I saying it is.. all I'm saying is I'm growing weary everytime I read complaints about BFL this and that. Besides, for those who didn't pre-order their Jallies or Singles.. WHY ARE YOU BITCHING ABOUT SOMETHING YOU NEVER INVESTED IN? I placed a pre-order in the start but decided to pull out.. BFL refunded me promptly. That was my decision based on my own due-diligence. If you didn't place a pre-order, you shouldn't be bitching about anything IMO. Yes, it's just my IMO and my words can't hurt you.
Geez people.. SERIOUSLY! >=/
People Type A complains how there are no information about BFL or how they're not transparent enough with their business practices.
BFL releases information on 3D CAD designs for upcoming ASIC protoypes. -> People Type A retorts back saying those are just computer generated images and BFL is a SCAM.
BFL releases information on ASIC production machines -> People Type A retorts back how those can be ovens or machines to make other stuff (conspiracy theories).. and BFL is a SCAM
BFL releases information on ACTUAL real-life ASIC prototype boards as of their most recent news. -> People Type A still continues to bitch about it and says BFL is a SCAM
I swear by the time BFL actually SHIPS the products out, people will still continue to find a way to bitch. I'm not saying BFL isn't a scam but neither am I saying it is.. all I'm saying is I'm growing weary everytime I read complaints about BFL this and that. Besides, for those who didn't pre-order their Jallies or Singles.. WHY ARE YOU BITCHING ABOUT SOMETHING YOU NEVER INVESTED IN? I placed a pre-order in the start but decided to pull out.. BFL refunded me promptly. That was my decision based on my own due-diligence. If you didn't place a pre-order, you shouldn't be bitching about anything IMO. Yes, it's just my IMO and my words can't hurt you.
Geez people.. SERIOUSLY! >=/
i think u are the free SC device winner of the week....we will send it to you some were in december 201?
But you are right we (i) are bitching to much about it...Cheerzzz
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