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Topic: Is BFL a scam? (Read 1340 times)

hero member
Activity: 854
Merit: 500
April 16, 2013, 03:01:12 PM
#22
While everyone is debating whether they are a scam, can someone call the police. They aren't delivering what they promised and are holding the people's money. If someone had a good lawyer can they get a search warrant have have BFL show where they spent the money and what they have?
member
Activity: 117
Merit: 10
April 16, 2013, 02:54:00 PM
#21
If all the BFL ASIC's are all currently mining away in a lab - then can we not reasonably assume that when if they do ship them out, the hashrate will plummet, and then gradually recover to the same level as the new owners switch them on?
sr. member
Activity: 434
Merit: 250
April 16, 2013, 02:46:34 PM
#20
Avalons are ugly to look at but from what i've read they seem reliable and reasonably efficient compared to any GPU rig.

The first part of the quoted statement is subjective. I find Avalons to be fine looking machines.

The second part of that sentence is rather silly. Avalons are not "reasonably efficient compared to any GPU rig". Avalons are an order of magnitude more efficient than the most efficient GPU rig. There's no way you could assemble anything near 66Gh/s of Bitcoin mining hardware based on GPUs and have them consume 620w. Not even close.
full member
Activity: 211
Merit: 100
You are not special.
April 16, 2013, 02:35:49 PM
#19
depends on definition of scam. it is quite legit company, just incapable of delivering what it sold.
if you would preorder duke nukem forever, wait 10 years of delays and it was quite bad int the end, is it scam or not?
Great comparison! Couldn't have said it better myself!
newbie
Activity: 16
Merit: 0
April 16, 2013, 02:34:01 PM
#18
I would like to hear your Opinions. After 6 months of promises and not delivering do you think there will finally be shipped something or not?

Greetings

Here is a prior 23 page post on whether BFL is a scam or not.

https://bitcointalksearch.org/topic/butterflylabs-huge-scam-114329



Noobs can't comment outside of the noob section. Unless you can change that?
newbie
Activity: 16
Merit: 0
April 16, 2013, 02:31:51 PM
#17
Partly yes, delivery date promises then constant delays due to in part what is probably just poor engineering from the ground up. Avalons are ugly to look at but from what i've read they seem reliable and reasonably efficient compared to any GPU rig. (Butterfly Labs if you're reading this, they don't need to be pretty and they don't need to be super power efficient (as nice as it would be) mining 50Ghs at 600 Watts is fine by me.) We really need a new competitor in this field someone who's ready to deliver now (a man can dream). That being said beware of scams tons of those out there right now.
sr. member
Activity: 406
Merit: 250
April 16, 2013, 02:28:35 PM
#16
I would like to hear your Opinions. After 6 months of promises and not delivering do you think there will finally be shipped something or not?

Greetings

Here is a prior 23 page post on whether BFL is a scam or not.

https://bitcointalksearch.org/topic/butterflylabs-huge-scam-114329

newbie
Activity: 12
Merit: 0
April 16, 2013, 02:22:25 PM
#15
its clearly a scam
newbie
Activity: 9
Merit: 0
April 16, 2013, 01:18:13 PM
#14
i think they will ship at some point, but it will be a while.
member
Activity: 183
Merit: 10
April 16, 2013, 01:16:54 PM
#13
They are scam in my eyes, no reaction at all since ages.
sr. member
Activity: 364
Merit: 250
April 16, 2013, 12:47:22 PM
#12
No its a scam, when you take money and lie you are scamming.

+1
newbie
Activity: 24
Merit: 0
April 16, 2013, 12:43:07 PM
#11
No its a scam, when you take money and lie you are scamming.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
April 16, 2013, 12:40:53 PM
#10
its not a scam, but they are delaying the release date because they are mining at their own, with your asics

So it's a scam but not really a scam?
Awesome logic.
hero member
Activity: 868
Merit: 1001
https://keybase.io/masterp FREE Escrow Service
April 16, 2013, 12:38:25 PM
#9
While they may or may not be scammers, they are indeed liars, which can clearly be seen by the never-ending shipment delays. I think most people would agree that liars are more likely to scam, especially when they are not even willing to own up to their lies.
BNO
full member
Activity: 157
Merit: 100
April 16, 2013, 12:31:18 PM
#8
its not a scam, but they are delaying the release date because they are mining at their own, with your asics

This is something i thought about a lot. Imagine your are souless person. The perfect business model for you:

- You don't need money you customers are paying the machine through the preorders
- You get such a large quantity of computers
- you mine with them and grow rich
- meanwhile you tell everyone about technical difficulties
- in the end you deliver so no trial no court but you got rich with others people money
newbie
Activity: 38
Merit: 0
April 16, 2013, 12:25:50 PM
#7
its not a scam, but they are delaying the release date because they are mining at their own, with your asics
PeZ
sr. member
Activity: 297
Merit: 250
April 16, 2013, 12:15:38 PM
#6
Nobody really knows.
It looks like it but for some reason there are alot of people who believes in this company.
There is a need to believe. Avalon's 75 BTC miner is out of most people's price range.
mjc
hero member
Activity: 588
Merit: 500
Available on Kindle
April 16, 2013, 12:08:25 PM
#5
They are having problems and n some sense maybe not handling them well.  Luke-JR has a device in order to write the mining software for it.  so it does exist and does mine. 

They will ship, just not sure when.
member
Activity: 75
Merit: 12
April 16, 2013, 12:04:48 PM
#4
depends on definition of scam. it is quite legit company, just incapable of delivering what it sold.
if you would preorder duke nukem forever, wait 10 years of delays and it was quite bad int the end, is it scam or not?
newbie
Activity: 10
Merit: 0
April 16, 2013, 12:03:21 PM
#3
Nobody really knows.
It looks like it but for some reason there are alot of people who believes in this company.
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