Topic: @ the end of the BFL queue - page 2. (Read 6816 times)

This guy gets it.

It's not that BFL hasn't delivered - It's that they promised to deliver IN OCTOBER OF LAST YEAR and when they didn't make their date rather than giving their pre-order customers the option to get their money back, they refused refunds until JANUARY at which point they only offered refunds for the USD value rather than the number of bitcoins paid.

I paid 24BTC for a jalep, got back 11BTC in January and I'm glad I did because even with that 40% refund I could buy 10 Jalep once they're actually manufactured and shipping them.

It's fine if the plan changes - Shit happens in real life, and manufacturing products is hard.   But to give a release date and take peoples money is just wrong if you're not absolutely sure you're going to hit it, and the fact that we're now more than 6 months past that original ship-date and they're still popping out a few units at a time is just embarrassing.  

Add to that the continued pre-sale of units when the UNITS THEMSELVES RELY ON BEING RARE TO BE VALUABLE is insane.  At the point they figured out they weren't going to hit their deadline they should have stopped accepting pre-orders until they were sure of a release date, but that didn't happen.   In fact you can still pre-order today.    

Bitcoin is self adjusting, I'm not really sure why more people aren't upset about this - By increasing the number of pre-sale units, every buyer who came before and paid a higher price (relatively speaking) is having their investment devalued because the block reward "pie" gets split up between more and more power, meaning whatever they bought last year will earn less and less.

If they had released on time, again - not a big deal - This is the normal progression of Bitcoin, mining gets harder, rewards go down relative to power.

But by selling all these pre-orders, BFL sucked up the money that would have otherwise gone into building or buying other mining equipment - It shifted that money into whatever point BFL actually releases product to all the pre-orders, at which point there will be a HUGE spike in network power, we'll burn through the blocks until the difficulty resets, and then it'll be just like we never moved to ASICs except there will be more people getting a share of the same size pie.

Again, compare to releasing on time where the equipment is in use, there is a meaningful bump in network power but it's more gradual for new people to come in over time.  Difficulty goes up more gradually, so people who bought early are able to earn rewards to accomodate their risk.

BFL just needs to learn to communicate with its customers rather than making promises they aren't sure they can keep, and then deflect until it gets so bad that it can't be ignored, and then deflect some more.  Manufacturing product is hard, so if you're going to take peoples money in advance you need to be a professional.  That is clearly not the case here, and based on their continued behavior both from official representatives who are combative at best and downright insulting many times (not to me, from my observations) it appears they see no problem with their behavior.

That's too bad.

Getting back into topic, this is the BFL reply I got a couple days ago..


---------- Forwarded message ----------
From: Butterfly Labs Inc <[email protected]>
Date: Tue, Apr 23, 2013 at 5:09 PM
Subject: Re: New mail from contact form
To: Felipe


All of our current models are available for preorder on the website.

We are shipping 4.5 gh/s ASICs to developers early preorder customers.

Prepayment is the only method by which your preorder is entered into the queue.

We are working to start shipping in the next couple weeks and have a backlog in the queue,

so new pre-orders, regardless of product or power consumption,

will likely ship sometime in late August or early September, sooner if possible.

erk you have your head up your ass.  I have a BFL single and I am the original owner.  Obviously at one point in time I believed in BFL - far more so than you did that I was willing to risk my money.  That device has paid for itself and in that aspect BFL was successful for me.  Everything since then has been a steaming pile of poo... much like your list.

If BFL actually made a miner that did 1GH/watt I would applaud them even if it was late to the game sine everything with mining is not all about greed and making money.  Sadly they're barely more efficient than Avalon who managed to put a higher density standalone device almost 6 months before BFL.  What have BFL's preorder customers gained by choosing BFL?  The opportunity to pay for a device via wire transfer is the only advantage BFL has had in all of this.  The failed at being first.  They failed at density - a SC Single will be less dense than a 85GH/s Avalon.  They pretty much failed at energy efficiency - one of their main selling points.  They failed at customer PR - Yifu may talk smack, but Josh's mouth would make most sailors cringe.  Perhaps BFL's website is better than Avalon - I'll give them that.

Look you two newbie fucktards, I am not a troll, and everything I do is for the betterment of Bitcoin including trying to protect bitcoiners from being ripped off. And I've done so at an ever increasing cost, both financial and physical.

Maybe if I wasn't stopped dead in my tracks during a preliminary InstaWallet investigation, perhaps I, among others, would still have their coins.

That said, I believe you owe each of us an apology, otherwise go suck each other's dicks, if that is at all possible, for I don't put it pass Josh's SEO knowledge to being hiding behind one, if not both of these recently registered user accounts.

Normal people (who do not commit mail fraud to fund their schemes) put together a business plan, some expertise, and then get one or more investors to put the money up. Unfortunately for BFL, the pre-orders were the business model.

Then how do they get the funding to order an ASIC wafer?

This is exactly why you don't preorder anything.

I didn't intend to disturb.

Apologies.

Amen.

The guy who ordered his pizza got it promptly.. If he "pre ordered" his Pizza a year in advance then it is a comparable transaction. 

It actually is. I am going to die my avatar head red just for this occasion.

oh oh, please add more names to the list... remember the picture of the anti-BFL Clowns, those who questioned the optimistic power estimates and shipping dates BFL was dangling in front of their potential customers like a carrot, trying to do whatever they could to lure away customers from their competition?

4 months later and BFL still has to prove they can ship a working product comparable to the illustrious competitors.

To be on the list above seems more like a badge of honor...

Order now!!! You'll get it next week!

https://forums.butterflylabs.com/pre-sales-questions/1084-if-i-order-now-when-will-i-get-my-order.html

Wow nothing you just said made any sense.

Please try to take some time to brush the cheetos crumbs off your fat belly and stick to the topic on a thread. This is how adults have an conversation on the internet. Someone writes something meaningful on a topic and then someone replies. then a real conversation happens where someone , even though they may have differing ideas talk. Writing the same shit into every BFL tread makes you a troll with nothing new to add to the conversation us adults are trying to have.

if you find new info to flame BFL with, i'd welcome it.

The person(s) who spend all their time on these forums raging against those who criticize their employer tell me to get a life.
And just when I thought the irony couldn't get any thicker, we have a sockpuppet telling me about real people.
 

So namecalling/ad hominem-ing people you disagree with is somehow more meaningful, I see...

Get this through your pea brain. Post count in your case measures your inability to filter meaningful posts on topic with the thread in said discussion. Get a life get outside and meet some real people.

Name:   minternj
Posts:   71
Position:   Jr. Member
Date Registered:   March 30, 2013, 09:46:18 PM

65 posts about BFL...

Josh's intern from a local college perhaps?

Sure, but you would be the first to post a troll comment in there. Wow you are dense huh.

Couldn't we just put the 6 people with BFL Jalapenos in one thread and let them post their stuff there?
Then every time BFL ships a thousand units, we let the BFL PR department open another thread.
That should clean up this forum.