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Topic: We got the first Asic miner related scam? (Read 3313 times)

legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
January 18, 2013, 10:57:39 PM
#29
They're a government agency I bet they have nothing better to do.

Not that far of...

Because Bitcoin!
full member
Activity: 238
Merit: 100
January 18, 2013, 09:55:03 PM
#28
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.
legendary
Activity: 1540
Merit: 1000
January 18, 2013, 11:43:00 AM
#27
Yeah but they're business won't last on that model, unless the people pre-ordering from them are infinitely stupid.
b!z
legendary
Activity: 1582
Merit: 1010
January 18, 2013, 04:08:02 AM
#26
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.
member
Activity: 112
Merit: 10
January 16, 2013, 01:43:35 PM
#25
[...] Greed?

Humans tend to use only two emotions in their dealings with money: fear and greed...
hero member
Activity: 784
Merit: 500
January 16, 2013, 05:41:55 AM
#24
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?
legendary
Activity: 1540
Merit: 1000
January 15, 2013, 11:11:59 PM
#23
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.
full member
Activity: 238
Merit: 100
January 15, 2013, 08:46:27 PM
#22
At least game developers also provide demos or "behind the scenes look" at the production process. 
member
Activity: 112
Merit: 10
January 15, 2013, 08:28:50 PM
#21
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?  Smiley

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!  Cool
full member
Activity: 238
Merit: 100
January 15, 2013, 04:22:26 PM
#20
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.
hero member
Activity: 784
Merit: 500
January 15, 2013, 04:22:01 AM
#19
If you believe ..... go send them your money Smiley
newbie
Activity: 42
Merit: 0
January 15, 2013, 12:02:37 AM
#18
So the butterfly labs ASIC chip is all bullshit>?
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
January 14, 2013, 08:18:22 AM
#17
To be honest I expected the situation to be much more dramatic by now. Or maybe this is just the calm before the storm?  Smiley

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!  Grin

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

Guess the name of the album: http://www.youtube.com/watch?v=kHFbzaf8FX8
legendary
Activity: 1470
Merit: 1029
Death to enemies!
January 14, 2013, 05:39:25 AM
#16
Let me give him infinite credit card access Smiley
I probably already have your fullz Wink
hero member
Activity: 784
Merit: 500
January 14, 2013, 05:35:32 AM
#15
Wow 777 posts, thats legitimate .... no further proof needed. Let me give him infinite credit card access Smiley
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
January 14, 2013, 05:33:16 AM
#14
To be honest I expected the situation to be much more dramatic by now. Or maybe this is just the calm before the storm?  Smiley

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!  Grin
hero member
Activity: 784
Merit: 500
January 14, 2013, 05:30:17 AM
#13
To be honest I expected the situation to be much more dramatic by now. Or maybe this is just the calm before the storm?  Smiley

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.
legendary
Activity: 1470
Merit: 1029
Death to enemies!
January 14, 2013, 05:20:25 AM
#12
To be honest I expected the situation to be much more dramatic by now. Or maybe this is just the calm before the storm?  Smiley
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.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
January 14, 2013, 05:12:44 AM
#11
To be honest I expected the situation to be much more dramatic by now. Or maybe this is just the calm before the storm?  Smiley
legendary
Activity: 1470
Merit: 1029
Death to enemies!
January 14, 2013, 05:09:14 AM
#10
That's, a very vivid metaphor.
Yes it is especially if you know the video

Hope this pic is safe for catholic parents. Kids are used to this stuff on internets.

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