They're a government agency I bet they have nothing better to do.
Not that far of...
Because Bitcoin!
Topic: We got the first Asic miner related scam? (Read 3315 times)
Not that far of...
Because Bitcoin!
Surely the better business bureau wouldn't mind messing with a small company who's owner has been previously convicted for fraud to the tune of millions, the same company which apparently raised 25 million in pre-order money yet continually extends it's own deadline and to date has shown no product, not even a development stage mock-up(that isn't 3d).
They're a government agency I bet they have nothing better to do.
They're a government agency I bet they have nothing better to do.
Yeah but they're business won't last on that model, unless the people pre-ordering from them are infinitely stupid.
Very few do that though, mainly because of course what they produce is rubbish and they know you'd cancel the pre-order if you saw a proper preview of what to expect, why these people can't just provide good products to begin with is beyond me.
They want to save money while making maximum profit.
[...] Greed?
Humans tend to use only two emotions in their dealings with money: fear and greed...
There are crowd funding platforms pt there (ie. kick starter) but they require a solid and proven business plan.
I don't get why they did their funding like this ..... And how someone could invest (preorder) without knowing full detail:/
Greed?
I don't get why they did their funding like this ..... And how someone could invest (preorder) without knowing full detail:/
Greed?
Very few do that though, mainly because of course what they produce is rubbish and they know you'd cancel the pre-order if you saw a proper preview of what to expect, why these people can't just provide good products to begin with is beyond me.
At least game developers also provide demos or "behind the scenes look" at the production process.
I think it all makes sense... These companies wanted to develop ASIC chips and be the world leaders of Bitcoin mining. So they got a few geeks together, made some designs and started taking everyone's money as "pre-orders"... They probably figured it was ok to do this since game developers do it sometimes... They'd take everyone's money and use it behind the scenes to actually develop a real product... it wouldn't matter because when they shipped everyone would be happy and we'd all be none the wiser. Sound about right? 
If I had a pre-order with any ASIC company I would get a refund now... Nothing against BFL or anyone else, just logic... the risk is that now there's going to be that "refund tsunami" and BFL and whatever other ASIC companies there are will be next...
Anyways, I'm proud of myself for not pre-ordering anything I couldn't see with my own eyes.
+1 me!
If I had a pre-order with any ASIC company I would get a refund now... Nothing against BFL or anyone else, just logic... the risk is that now there's going to be that "refund tsunami" and BFL and whatever other ASIC companies there are will be next...
Anyways, I'm proud of myself for not pre-ordering anything I couldn't see with my own eyes.
+1 me!
So the butterfly labs ASIC chip is all bullshit>?
Like someone's sig says, everything about bitcoins is both a scam, and legit at the same time. Until you open the box.
I am a pragmatist, and fully believe BFLabs will send you a weighted down box. Until I see pics of people that actually get the chips, then I wholeheartedly will believe they didn't scam anyone.
If you believe ..... go send them your money
So the butterfly labs ASIC chip is all bullshit>?
To be honest I expected the situation to be much more dramatic by now. Or maybe this is just the calm before the storm?
Its a religion ..... they'll still believe that their savior ASIC is coming, even with all evidence against it. LIke the guy that think that every year is Armageddon.
Well, in that case their messiahs is here MysteryMiner just got 777 posts!
http://www.metrolyrics.com/machine-messiah-lyrics-yes.html
Quote
All of them standing in line
All of them waiting for time
From time, the great healer
The Machine Messiah is born
All of them waiting for time
From time, the great healer
The Machine Messiah is born
Guess the name of the album: http://www.youtube.com/watch?v=kHFbzaf8FX8
Let me give him infinite credit card access
I probably already have your fullz 
Wow 777 posts, thats legitimate .... no further proof needed. Let me give him infinite credit card access
To be honest I expected the situation to be much more dramatic by now. Or maybe this is just the calm before the storm?
Its a religion ..... they'll still believe that their savior ASIC is coming, even with all evidence against it. LIke the guy that think that every year is Armageddon.
Well, in that case their messiahs is here MysteryMiner just got 777 posts!
To be honest I expected the situation to be much more dramatic by now. Or maybe this is just the calm before the storm?
Its a religion ..... they'll still believe that their savior ASIC is coming, even with all evidence against it. LIke the guy that think that every year is Armageddon.
To be honest I expected the situation to be much more dramatic by now. Or maybe this is just the calm before the storm?
Actually this is normal psychological reaction of humans. Ignore the bad news as they don't exist if it is possible.And I was afraid that I did not preorder the minirig with bitcoins and bank loan. I even told some gangsters about possibility to make BTC for their needs and considered having few minirigs operating. I was so right to talk them into waiting some time to see how actually they perform.
To be honest I expected the situation to be much more dramatic by now. Or maybe this is just the calm before the storm?
That's, a very vivid metaphor.
Yes it is especially if you know the videoHope this pic is safe for catholic parents. Kids are used to this stuff on internets.
Jump to: