Pages:
Author

Topic: Why QQ? - page 10. (Read 10987 times)

legendary
Activity: 1666
Merit: 1185
dogiecoin.com
June 07, 2013, 02:41:08 PM
As long as you cling to the idea that BFL has unlimited money, you will never see them at risk of imploding.
Clearly you believe they have segregated all of their customer orders in an escrow account and spawned by magic the operating funds for a 20 person company (plus consultants) over the last 11 months.
Here is Inaba/Josh saying back in July 27, 2012 that the BFL singles were being prepped to ship and mini-rigs were being assembled.
https://bitcointalksearch.org/topic/m.994223
Clearly, their business plans at that time did not include an additional 10 months of operating costs. Where did that money come from?
No venture capital group or private equity group has claimed to have invested in BFL. No angels have claimed them either.

There's my little liar again, k9quaint.

What our dear friend k9 has neglected to mention in the above quote is that:

1) I was not working for BFL at the time.
2) I was referring to the FPGA equipment, which was in fact shipping.

But don't let context, facts and honesty deter your ranting K9.  Just keep piling up the BS.


You clearly don't give a shit about us peasants, the common people. But let me ask you this, how scared are you about the FCC? Should we find out? Yeah thats right, you better rush that paperwork through and have a good reason for not filing it.
legendary
Activity: 1890
Merit: 1003
June 07, 2013, 02:39:09 PM
Changes that have occurred since October 2012:

BFL has lost,

--They lost 1Gh/w (proposed) advantage.
--They lost their speedy delivery promise.
--They lost the respect of a portion of their product(s) user base.
--They have increased their prices while reducing the performance on their various product lines.
--They have lost their size advantage in an ever increasing manner across their product lines.
--They have reduced the frequency of communication with their customers and potential customers.

etc.
legendary
Activity: 1890
Merit: 1003
June 07, 2013, 02:30:19 PM
If a company was in such dire financial straits as you are alluding to, why would they force a refund on a customer?

Probably because they didn't consider the negative legal and public-relation repercussions, or choose to deal with the matter civilly ?

I'm not talking about any of the other potential effects.

I'm talking about at a strictly financial level:

If a company is about to run out of money (as k9quaint would allege) WHY would they be giving any money back?
[Speculation]

It would be Liability.

Keeping old orders on the books is a liability. Replacing old orders with new orders eliminates the long term liability. There is no incentive in such a scenario to treat people decently. The worse you treat them the better off you are.

It also allows you an opportunity to change your prices on old orders. Same hardware, new price.

---------------

Only if a person is simple minded enough would they not see that the chessboard can be reset if your are astute enough. And if you plug in the scenario I am depicting it makes perfect sense why various actors are taking the attitudes they are assuming. If you think in a simple manner, then a person wouldn't understand.

Keep in mind a money printing machine is being sold. The customer can be treated like walking shit and it won't matter. Tommorrow they will be right back at the order window.

---------------

The only scenario where such a strategy fails is when you:
A) Aren't able to deliver.
A1) Are able to deliver but not capable of doing it while the customer see's a profitable scenario.
A2) Are able to deliver but the date that you deliver is too late in the profitability curve and your customer never sees a satisfactory profit...thereby limiting future sales of your own product. (Your loss, IS my loss)

B) Are sued to such an extent by old customers that remain, that it starts a collapsing precedent.
B1) Cause a chain reaction of backlash by general customer dissatisfaction. (Customer comes back to the order window, but out of spite or irate sentiments, causes new problems which may eventually drown the company)

C) Another competitor delivers similar products with similar capabilities, making your own products less attractive.
C1) Another competitor saturates the market with their own products by being capable of meeting the demand for money printing machines.
C2) A competitor provides an upgrade path through their products. Leading the attractiveness of your own products to be marginalized.

D)
legendary
Activity: 1190
Merit: 1000
June 07, 2013, 02:20:04 PM
If you find a way to clear the queue for us, PLEASE let me know, as I'll place roughly $18,000 of Jalapeno orders, IMMEDIATELY upon learning that there's no longer any backlog. I guarantee you that I am not the only one. I'd be willing to bet my house on it, right there along with others.

So please, do us that favor, and clear out the pre-order queue!

This is what's known as magic as opposed to market forces here.  Beware using such logic.

Look at how desperate ThatDGuy is to demonstrate that a wave of refund requests would help BFL.
DESPERATE. Even the thought of such an action has him replying to every single post on the subject.
Derailing discussions. Refusal to consider BFL's history. Blind allegiance to BFL's own statements.

Hmm, it might be time to consider Cui Bono since ThatDGuy's posts are now entirely devoid of content.

//Begin sarcasm
Super desperate here, you found me out.

On no, what will my ASICMINER dividends look like next week if my grand plan doesn't pan out.
//End sarcasm

I encourage anyone to look through my post history aside from two threads where I asked honest questions from an unbiased consumer's point of view, and presented my perspective based on the way the market is currently functioning.  I have literally nothing to hide and stand beside all of it when read in context.  I know context isn't your strong suit but am confident that the majority of reasonable readers understand how it works.

I thought it was worthwhile to make wrenchmonkey aware that he may well be considered a magician on this particular post.  That's pretty cool, for him.

You asked the questions and ignored or misrepresented the answers.

People have had legitimate questions about BFL's financial situation for the last 8 months.
IRRELEVANT you say, they have infinite money as far as you care.
Since they have infinite money, they can never go bankrupt and in this magical world of infinite money people canceling BFL orders would indeed benefit them.
Your premise is absurd and incompatible with reality. No wonder nobody can resolve things to your satisfaction. There must be a shortage of unicorns or something.
hero member
Activity: 728
Merit: 500
June 07, 2013, 02:13:46 PM
If you find a way to clear the queue for us, PLEASE let me know, as I'll place roughly $18,000 of Jalapeno orders, IMMEDIATELY upon learning that there's no longer any backlog. I guarantee you that I am not the only one. I'd be willing to bet my house on it, right there along with others.

So please, do us that favor, and clear out the pre-order queue!

This is what's known as magic as opposed to market forces here.  Beware using such logic.

Look at how desperate ThatDGuy is to demonstrate that a wave of refund requests would help BFL.
DESPERATE. Even the thought of such an action has him replying to every single post on the subject.
Derailing discussions. Refusal to consider BFL's history. Blind allegiance to BFL's own statements.

Hmm, it might be time to consider Cui Bono since ThatDGuy's posts are now entirely devoid of content.

//Begin sarcasm
Super desperate here, you found me out.

On no, what will my ASICMINER dividends look like next week if my grand plan doesn't pan out.
//End sarcasm

I encourage anyone to look through my post history aside from two threads where I asked honest questions from an unbiased consumer's point of view, and presented my perspective based on the way the market is currently functioning.  I have literally nothing to hide and stand beside all of it when read in context.  I know context isn't your strong suit but am confident that the majority of reasonable readers understand how it works.

I thought it was worthwhile to make wrenchmonkey aware that he may well be considered a magician on this particular post.  That's pretty cool, for him.
legendary
Activity: 1190
Merit: 1000
June 07, 2013, 02:09:12 PM
If you find a way to clear the queue for us, PLEASE let me know, as I'll place roughly $18,000 of Jalapeno orders, IMMEDIATELY upon learning that there's no longer any backlog. I guarantee you that I am not the only one. I'd be willing to bet my house on it, right there along with others.

So please, do us that favor, and clear out the pre-order queue!

This is what's known as magic as opposed to market forces here.  Beware using such logic.

Look at how desperate ThatDGuy is to demonstrate that a wave of refund requests would help BFL.
DESPERATE. Even the thought of such an action has him replying to every single post on the subject.
Derailing discussions. Refusal to consider BFL's history. Blind allegiance to BFL's own statements.

Hmm, it might be time to consider Cui Bono since ThatDGuy's posts are now entirely devoid of content.
hero member
Activity: 728
Merit: 500
June 07, 2013, 02:06:58 PM
...still?

Let it go, man.  We were way past that like yesterday.

No, you changed the subject to "market forces". Just because you refuse to address the situation of BFL finances does not make it disappear.
You have consistently misrepresented my positions in a transparent attempt to put words in my mouth. I did not expect better from you, unfortunately. I have had too much experience on these forums.

Your position in this thread has always been absurd on the border of idiotic. I have been very patient with you up to this point. I have attempted to explain reputational risk to you. I have demonstrated how BFL has many past claims that turned out to be either incorrect or untrue. I have shown that there is a mystery about how they are funding their operations, they claim it is not from pre-orders but there is no other source of income or investment to account for their operational funding.

Your willful ignorance and misquoting is tiresome. Time has told that BFL was the worst of the ASIC options. Merely holding the BTC instead of buying BFL would have seen a 10 fold increase in value. Buying Avalon would have seen even higher returns. Buying ASICMiner shares would have been higher still.
Time will tell as to how many and how much BFL's investors get screwed for.


It's like somewhere you missed the fact that this entire thread is idiotic.  The premise is absurd.

You've already attempted to fabricate parts of my post history for your own advantage once and I called you on it respectfully.  

Keep on talking in "would haves" and analyzing BFL's finances.  Time will continue to tell, and the present is speaking loud and clearly right now.  One of us is listening.


One day you will read the following, then you won't have an excuse to call the notion of a wave of refunds absurd anymore.

ThatDGuy claimed that $5 million dollars in refunds would benefit BFL.
I contend that they do not have their pre-order money in escrow as they claim.
I would bet that $5 million in refund requests would bankrupt BFL (assuming there is even $5 million in their order book).

11 months of product development and a full company with offices paid for with what money? They discontinued their FPGA sales and they were never that profitable so it can't be from that. Nobody has owned up to investing in BFL. BFL has never identified any investment made in them other than a cryptic message about support from a "private equity group" that has never been mentioned since (probably for legal reasons).

So now you're resorting to prophesying? I thought that was Puerto's gig?

Why are you still referencing posts from page 2, when it has nothing to do with the question posed?  Posed specifically to remove the ability for muddling, yet you are?
legendary
Activity: 1190
Merit: 1000
June 07, 2013, 02:03:31 PM
...still?

Let it go, man.  We were way past that like yesterday.

No, you changed the subject to "market forces". Just because you refuse to address the situation of BFL finances does not make it disappear.
You have consistently misrepresented my positions in a transparent attempt to put words in my mouth. I did not expect better from you, unfortunately. I have had too much experience on these forums.

Your position in this thread has always been absurd on the border of idiotic. I have been very patient with you up to this point. I have attempted to explain reputational risk to you. I have demonstrated how BFL has many past claims that turned out to be either incorrect or untrue. I have shown that there is a mystery about how they are funding their operations, they claim it is not from pre-orders but there is no other source of income or investment to account for their operational funding.

Your willful ignorance and misquoting is tiresome. Time has told that BFL was the worst of the ASIC options. Merely holding the BTC instead of buying BFL would have seen a 10 fold increase in value. Buying Avalon would have seen even higher returns. Buying ASICMiner shares would have been higher still.
Time will tell as to how many and how much BFL's investors get screwed for.


It's like somewhere you missed the fact that this entire thread is idiotic.  The premise is absurd.

You've already attempted to fabricate parts of my post history for your own advantage once and I called you on it respectfully.  

Keep on talking in "would haves" and analyzing BFL's finances.  Time will continue to tell, and the present is speaking loud and clearly right now.  One of us is listening.


One day you will read the following, then you won't have an excuse to call the notion of a wave of refunds absurd anymore.

ThatDGuy claimed that $5 million dollars in refunds would benefit BFL.
I contend that they do not have their pre-order money in escrow as they claim.
I would bet that $5 million in refund requests would bankrupt BFL (assuming there is even $5 million in their order book).

11 months of product development and a full company with offices paid for with what money? They discontinued their FPGA sales and they were never that profitable so it can't be from that. Nobody has owned up to investing in BFL. BFL has never identified any investment made in them other than a cryptic message about support from a "private equity group" that has never been mentioned since (probably for legal reasons).
hero member
Activity: 728
Merit: 500
June 07, 2013, 02:02:14 PM
You're now asserting that BFL has the risk of imploding assuming a "mass of refund request" - i.e. Dogie's impossible idea.  i.e. the ludicrous hypothesis that I was pretty sure we stopped talking about 2 pages ago.

I was always saying it was not ludicrous, that it would not benefit BFL, and that your claims that a mass refund request would benefit BFL was what was absurd. I am still saying that. Your failure to examine the facts of the situation is why you are confused. Perhaps you should go back and read my posts again.


Not confused at all over here.  You're more than capable of going back through pages 1-2 of this thread to see plenty of people either commenting directly about how asinine the "plan" was or indirectly through their responses.  

When you, or anyone else, is ready to address this discrete question, I'm all ears:


If a company was in such dire financial straits as you are alluding to, why would they force a refund on a customer?

I've asked a few times, and gotten emotional responses and added context to it instead of answers.  If there is no real answer to it, then it can be reasonably assumed that the company is doing fine.


You question was answered. You refuse to read it. However, I can paste it hundreds of times without too much effort. I will paste the response again until you either read it or have it read to you.

More disinformation from ThatDGuy.
ThatDGuy claimed that $5 million dollars in refunds would benefit BFL.
I contend that they do not have their pre-order money in escrow as they claim.
I would bet that $5 million in refund requests would bankrupt BFL (assuming there is even $5 million in their order book).

11 months of product development and a full company with offices paid for with what money? They discontinued their FPGA sales and they were never that profitable so it can't be from that. Nobody has owned up to investing in BFL. BFL has never identified any investment made in them other than a cryptic message about support from a "private equity group" that has never been mentioned since (probably for legal reasons).

This is just getting embarrassing for you, now. 

I don't know how to explain better the definition of the word discrete.
hero member
Activity: 728
Merit: 500
June 07, 2013, 02:00:51 PM
...still?

Let it go, man.  We were way past that like yesterday.

No, you changed the subject to "market forces". Just because you refuse to address the situation of BFL finances does not make it disappear.
You have consistently misrepresented my positions in a transparent attempt to put words in my mouth. I did not expect better from you, unfortunately. I have had too much experience on these forums.

Your position in this thread has always been absurd on the border of idiotic. I have been very patient with you up to this point. I have attempted to explain reputational risk to you. I have demonstrated how BFL has many past claims that turned out to be either incorrect or untrue. I have shown that there is a mystery about how they are funding their operations, they claim it is not from pre-orders but there is no other source of income or investment to account for their operational funding.

Your willful ignorance and misquoting is tiresome. Time has told that BFL was the worst of the ASIC options. Merely holding the BTC instead of buying BFL would have seen a 10 fold increase in value. Buying Avalon would have seen even higher returns. Buying ASICMiner shares would have been higher still.
Time will tell as to how many and how much BFL's investors get screwed for.


It's like somewhere you missed the fact that this entire thread is idiotic.  The premise is absurd.

You've already attempted to fabricate parts of my post history for your own advantage once and I called you on it respectfully.  

Keep on talking in "would haves" and analyzing BFL's finances.  Time will continue to tell, and the present is speaking loud and clearly right now.  One of us is listening.
legendary
Activity: 1190
Merit: 1000
June 07, 2013, 01:57:49 PM
You're now asserting that BFL has the risk of imploding assuming a "mass of refund request" - i.e. Dogie's impossible idea.  i.e. the ludicrous hypothesis that I was pretty sure we stopped talking about 2 pages ago.

I was always saying it was not ludicrous, that it would not benefit BFL, and that your claims that a mass refund request would benefit BFL was what was absurd. I am still saying that. Your failure to examine the facts of the situation is why you are confused. Perhaps you should go back and read my posts again.


Not confused at all over here.  You're more than capable of going back through pages 1-2 of this thread to see plenty of people either commenting directly about how asinine the "plan" was or indirectly through their responses.  

When you, or anyone else, is ready to address this discrete question, I'm all ears:


If a company was in such dire financial straits as you are alluding to, why would they force a refund on a customer?

I've asked a few times, and gotten emotional responses and added context to it instead of answers.  If there is no real answer to it, then it can be reasonably assumed that the company is doing fine.


You question was answered. You refuse to read it. However, I can paste it hundreds of times without too much effort. I will paste the response again until you either read it or have it read to you.

More disinformation from ThatDGuy.
ThatDGuy claimed that $5 million dollars in refunds would benefit BFL.
I contend that they do not have their pre-order money in escrow as they claim.
I would bet that $5 million in refund requests would bankrupt BFL (assuming there is even $5 million in their order book).

11 months of product development and a full company with offices paid for with what money? They discontinued their FPGA sales and they were never that profitable so it can't be from that. Nobody has owned up to investing in BFL. BFL has never identified any investment made in them other than a cryptic message about support from a "private equity group" that has never been mentioned since (probably for legal reasons).
legendary
Activity: 1190
Merit: 1000
June 07, 2013, 01:56:14 PM
Hand waving and poo-flinging

Oh look, wrenchmonkey is back after the last time I schooled him on this subject.
The press release claimed a private equity group had backed BFL. No names. GROUP, not solo angel investor like you claim.
If you actually have evidence that it was a solo angel that backed BFL, please enlighten us.

Currently, the only evidence is BFL's one time claim that a nameless private equity group backed them.

FYI, billionaires who run private equity groups don't give a crap about random forum posts on the internet.
legendary
Activity: 1190
Merit: 1000
June 07, 2013, 01:51:19 PM
#99
If a company was in such dire financial straits as you are alluding to, why would they force a refund on a customer?

Probably because they didn't consider the negative legal and public-relation repercussions, or choose to deal with the matter civilly ?

I'm not talking about any of the other potential effects.

I'm talking about at a strictly financial level:

If a company is about to run out of money (as k9quaint would allege) WHY would they be giving any money back?

Diminish legal responsibility, and continue the illusion they are competent...

(Note: only *if that's the case, hypothetically speaking)

His post said NOTHING positive or otherwise about BFL's competency. He merely pointed out the fallacy of assuming a company is out of money, when they're clearly continuing operations, and forcing refunds on whiny little cunt nuggets like Xian.

Thank you.  It's insane to me that I literally pre-empted what I said with this:

I hate to belabor this point and add further tangential fuel to the fire, but I have a very simple question:

If a company was in such dire financial straits as you are alluding to, why would they force a refund on a customer?

Edit: removed circumstantial evidence for consistency's sake.

...yet people still will remove context and put their own around it to dilute, muddle, and derail the conversation.

UGH, hate having to repeat myself, but if you want to rehash your debunked positions, so be it.

More disinformation from ThatDGuy.
ThatDGuy claimed that $5 million dollars in refunds would benefit BFL.
I contend that they do not have their pre-order money in escrow as they claim.
I would bet that $5 million in refund requests would bankrupt BFL (assuming there is even $5 million in their order book).


...still?

Let it go, man.  We were way past that like yesterday.

No, you changed the subject to "market forces". Just because you refuse to address the situation of BFL finances does not make it disappear.
You have consistently misrepresented my positions in a transparent attempt to put words in my mouth. I did not expect better from you, unfortunately. I have had too much experience on these forums.

Your position in this thread has always been absurd on the border of idiotic. I have been very patient with you up to this point. I have attempted to explain reputational risk to you. I have demonstrated how BFL has many past claims that turned out to be either incorrect or untrue. I have shown that there is a mystery about how they are funding their operations, they claim it is not from pre-orders but there is no other source of income or investment to account for their operational funding.

Your willful ignorance and misquoting is tiresome. Time has told that BFL was the worst of the ASIC options. Merely holding the BTC instead of buying BFL would have seen a 10 fold increase in value. Buying Avalon would have seen even higher returns. Buying ASICMiner shares would have been higher still.
Time will tell as to how many and how much BFL's investors get screwed for.
full member
Activity: 224
Merit: 100
June 07, 2013, 01:47:10 PM
#98
If a company was in such dire financial straits as you are alluding to, why would they force a refund on a customer?

Probably because they didn't consider the negative legal and public-relation repercussions, or choose to deal with the matter civilly ?

I'm not talking about any of the other potential effects.

I'm talking about at a strictly financial level:

If a company is about to run out of money (as k9quaint would allege) WHY would they be giving any money back?

More disinformation from ThatDGuy.
ThatDGuy claimed that $5 million dollars in refunds would benefit BFL.
 contend that they do not have their pre-order money in escrow as they claim.
I would bet that $5 million in refund requests would bankrupt BFL (assuming there is even $5 million in their order book).

11 months of product development and a full company with offices paid for with what money? They discontinued their FPGA sales and they were never that profitable so it can't be from that. Nobody has owned up to investing in BFL. BFL has never identified any investment made in them other than a cryptic message about support from a "private equity group" that has never been mentioned since (probably for legal reasons).


What would be the benefit of a silent investor suddenly going for a public announcement? So you and all your fellow reddit kiddies could go after them as well? Yeah, fuck that. You are SOOOOO clueless, it's astounding.

If you and your fellow 'tards were somehow magically able to convince people with a vested financial interest in getting their hardware to suddenly jump ship after MONTHS--when you have people like Xian, who was as big a hater as anybody who fought and continues to fight TOOTH AND NAIL to get his order reinstated--Assuming you were able to pull off that impossible feat, believe me, there are thousands of people with cash in hand who would be LINED UP to place more orders.

If you find a way to clear the queue for us, PLEASE let me know, as I'll place roughly $18,000 of Jalapeno orders, IMMEDIATELY upon learning that there's no longer any backlog. I guarantee you that I am not the only one. I'd be willing to bet my house on it, right there along with others.

So please, do us that favor, and clear out the pre-order queue!

Ready? Go!
Cheesy Cheesy Cheesy
legendary
Activity: 1190
Merit: 1000
June 07, 2013, 01:42:56 PM
#97
You're now asserting that BFL has the risk of imploding assuming a "mass of refund request" - i.e. Dogie's impossible idea.  i.e. the ludicrous hypothesis that I was pretty sure we stopped talking about 2 pages ago.

I was always saying it was not ludicrous, that it would not benefit BFL, and that your claims that a mass refund request would benefit BFL was what was absurd. I am still saying that. Your failure to examine the facts of the situation is why you are confused. Perhaps you should go back and read my posts again.

legendary
Activity: 1190
Merit: 1000
June 07, 2013, 01:40:45 PM
#96
If a company was in such dire financial straits as you are alluding to, why would they force a refund on a customer?

Probably because they didn't consider the negative legal and public-relation repercussions, or choose to deal with the matter civilly ?

I'm not talking about any of the other potential effects.

I'm talking about at a strictly financial level:

If a company is about to run out of money (as k9quaint would allege) WHY would they be giving any money back?

Diminish legal responsibility, and continue the illusion they are competent...

(Note: only *if that's the case, hypothetically speaking)

His post said NOTHING positive or otherwise about BFL's competency. He merely pointed out the fallacy of assuming a company is out of money, when they're clearly continuing operations, and forcing refunds on whiny little cunt nuggets like Xian.

Thank you.  It's insane to me that I literally pre-empted what I said with this:

I hate to belabor this point and add further tangential fuel to the fire, but I have a very simple question:

If a company was in such dire financial straits as you are alluding to, why would they force a refund on a customer?

Edit: removed circumstantial evidence for consistency's sake.

...yet people still will remove context and put their own around it to dilute, muddle, and derail the conversation.

UGH, hate having to repeat myself, but if you want to rehash your debunked positions, so be it.

More disinformation from ThatDGuy.
ThatDGuy claimed that $5 million dollars in refunds would benefit BFL.
I contend that they do not have their pre-order money in escrow as they claim.
I would bet that $5 million in refund requests would bankrupt BFL (assuming there is even $5 million in their order book).
legendary
Activity: 1190
Merit: 1000
June 07, 2013, 01:37:04 PM
#95
If a company was in such dire financial straits as you are alluding to, why would they force a refund on a customer?

Probably because they didn't consider the negative legal and public-relation repercussions, or choose to deal with the matter civilly ?

I'm not talking about any of the other potential effects.

I'm talking about at a strictly financial level:

If a company is about to run out of money (as k9quaint would allege) WHY would they be giving any money back?

More disinformation from ThatDGuy.
ThatDGuy claimed that $5 million dollars in refunds would benefit BFL.
 contend that they do not have their pre-order money in escrow as they claim.
I would bet that $5 million in refund requests would bankrupt BFL (assuming there is even $5 million in their order book).

11 months of product development and a full company with offices paid for with what money? They discontinued their FPGA sales and they were never that profitable so it can't be from that. Nobody has owned up to investing in BFL. BFL has never identified any investment made in them other than a cryptic message about support from a "private equity group" that has never been mentioned since (probably for legal reasons).
full member
Activity: 224
Merit: 100
June 07, 2013, 01:34:47 PM
#94
If a company was in such dire financial straits as you are alluding to, why would they force a refund on a customer?

Probably because they didn't consider the negative legal and public-relation repercussions, or choose to deal with the matter civilly ?

I'm not talking about any of the other potential effects.

I'm talking about at a strictly financial level:

If a company is about to run out of money (as k9quaint would allege) WHY would they be giving any money back?

Diminish legal responsibility, and continue the illusion they are competent...

(Note: only *if that's the case, hypothetically speaking)

His post said NOTHING positive or otherwise about BFL's competency. He merely pointed out the fallacy of assuming a company is out of money, when they're clearly continuing operations, and forcing refunds on whiny little cunt nuggets like Xian.
full member
Activity: 224
Merit: 100
June 07, 2013, 01:31:44 PM
#93
As long as you cling to the idea that BFL has unlimited money, you will never see them at risk of imploding.
Clearly you believe they have segregated all of their customer orders in an escrow account and spawned by magic the operating funds for a 20 person company (plus consultants) over the last 11 months.
Here is Inaba/Josh saying back in July 27, 2012 that the BFL singles were being prepped to ship and mini-rigs were being assembled.
https://bitcointalksearch.org/topic/m.994223
Clearly, their business plans at that time did not include an additional 10 months of operating costs. Where did that money come from?
No venture capital group or private equity group has claimed to have invested in BFL. No angels have claimed them either.

There's my little liar again, k9quaint.

What our dear friend k9 has neglected to mention in the above quote is that:

1) I was not working for BFL at the time.
2) I was referring to the FPGA equipment, which was in fact shipping.

But don't let context, facts and honesty deter your ranting K9.  Just keep piling up the BS.


Oh how cute. Josh says that their FPGA sales have been providing the last 10 months of operating costs. Well that explains it all then. BFL has been selling FPGA devices this whole time to fund the 11 months of ASIC development.

Should I bother digging up BFL's explanation of why they discontinued their FPGA line? Or should I leave that as an exercise to the reader.

/pats Josh on the head


I hate to belabor this point and add further tangential fuel to the fire, but I have a very simple question:

If a company was in such dire financial straits as you are alluding to, why would they force a refund on a customer?

Edit: removed circumstantial evidence for consistency's sake.

Not only that, but it would seem that K9quaint is either completely incapable of reading comprehension, or he is ignoring everything meaningful in that post (because it demonstrates K9 to be a liar) and instead tries to twist the words of the post into something entirely unrelated.

Nowhere did Josh say anything about how BFL is paying its operating costs in that post. Only that K9 was lying and intentionally hiding context, in order to push his bullshit.

Now if there were only a button to ignore quoted posts. This one is his own special breed of retard...
hero member
Activity: 532
Merit: 500
June 07, 2013, 01:30:46 PM
#92
If a company was in such dire financial straits as you are alluding to, why would they force a refund on a customer?

Probably because they didn't consider the negative legal and public-relation repercussions, or choose to deal with the matter civilly ?

I'm not talking about any of the other potential effects.

I'm talking about at a strictly financial level:

If a company is about to run out of money (as k9quaint would allege) WHY would they be giving any money back?

Diminish legal responsibility, and continue the illusion they are competent...

(Note: only *if that's the case, hypothetically speaking)

For what it's worth I think BFL are doing the best they currently can. It's better they ship something than nothing.

What I don't get is the overtones of arrogance when they've demonstrated their ability to consistently miss deadlines and make mistakes, there should really be some evidence of humility on their part. Sme people never want to admit they were wrong, or apologise, but in the face of what's happened a humble response is warranted. The best idea is to bulk chip all and open source pcb design to the community, I actually suggested this in the week before they made that announcemt, but the bridges appear to have already been burnt, when the could have swallowed pride and opened up to some talented community members ready and willing to help!
Pages:
Jump to: