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Topic: Yifu is the man! - page 2. (Read 4041 times)

hero member
Activity: 532
Merit: 500
full member
Activity: 238
Merit: 100
August 05, 2013, 10:18:00 AM
#23
sr. member
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Merit: 265
August 05, 2013, 09:59:47 AM
#22
full member
Activity: 238
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August 05, 2013, 09:38:11 AM
#21
I credit him with that early jump in February, he will make this $200M work right
It's a hoax that has been publicly denied on CNBC.
And thankfully, that.  $200m not only didn't make any sense in size, selecting Avalon to be the agent of the destruction of bitcoin didn't make sense.  

What this really shows, again, is that the mainstream media have become little more than internet rumor blogs.  They shoot from the hip; the first tweet that says something, no matter how idiotic, becomes the basis of the "scoop".

On Thursday, Bloomberg did it twice.  

They announced that Italian political figure Berlusconi had been cleared when he hadn't, and correcting shortly thereafter.  

Then minutes later they reported that the Goldman Sach's derivative mastermind (in fairness, the person on whom all the evils of the housing bubble era have now been scapegoated, Mr. Tourre) had been cleared, when in reality he had just been found "liable in defrauding investors."

There's a verb now concerning the news:  it's to have a story "CNN'ed," which means get it totally wrong.  

It's a great world.

sr. member
Activity: 476
Merit: 250
August 05, 2013, 09:35:33 AM
#20
I credit him with that early jump in February, he will make this $200M work right

Sure! Just imagine how much first-class blow and hookers those $200M can buy!

It's a hoax that has been publiclly denied on CNBC.

Well, that changes everything! Will they deny on CNBC that they delayed shipment of 2 batches of miners and chips for months? BitSyncom keeps silence for weeks, so maybe I should watch more CNBC to find out where are the paid chips?
hero member
Activity: 532
Merit: 500
hero member
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August 05, 2013, 09:20:04 AM
#18
I credit him with that early jump in February, he will make this $200M work right

Sure! Just imagine how much first-class blow and hookers those $200M can buy!

It's a hoax that has been publiclly denied on CNBC.
newbie
Activity: 39
Merit: 0
August 05, 2013, 09:15:53 AM
#17
Yifu is not the man "Avalon’s mining equipment will not be made available to the public."

YOU might never see the Avalon 20nm chips BUT I'm sure the big banks will when it becomes "OK" for banks and hedge funds to play with bitcoin. At the same time bankers get in we will be pushed out.
sr. member
Activity: 476
Merit: 250
August 05, 2013, 03:46:48 AM
#16
I credit him with that early jump in February, he will make this $200M work right

Sure! Just imagine how much first-class blow and hookers those $200M can buy!
full member
Activity: 238
Merit: 100
August 05, 2013, 02:53:00 AM
#15
You may think he's "the man", but I suspect the deal will involve stopping all Avalon orders and refunding those who have not received theirs. This will be a MAJOR problem to all the group buys which have arranged for assembling their own devices.

The reason is this "Phoenix Group" will want to try to gain 50% of the hash power and do their own mining, and not sell miners.

Trying to get 50% of the network would be retarded.
PeZ
sr. member
Activity: 297
Merit: 250
August 05, 2013, 02:32:27 AM
#14
You may think he's "the man", but I suspect the deal will involve stopping all Avalon orders and refunding those who have not received theirs. This will be a MAJOR problem to all the group buys which have arranged for assembling their own devices.

The reason is this "Phoenix Group" will want to try to gain 50% of the hash power and do their own mining, and not sell miners.
hero member
Activity: 924
Merit: 1000
August 05, 2013, 01:44:11 AM
#13
I received one batch #3 order, waiting on my trade-in and other batch #3 order....till i get those I am out $8-10k worth of avalon equipment.
sr. member
Activity: 446
Merit: 250
August 05, 2013, 12:54:50 AM
#12
http://www.efinancialnews.com/story/2013-08-05/bitcoin-gold-rush-heats-up-with-private-equity-deal

 Shocked

Discuss

Yifu is a smart guy and blessing to BTCitcoin

I credit him with that early jump in February, he will make this $200M work right

I say buy all the coins you can now before the week is over


#Boss

You're a retard.
full member
Activity: 235
Merit: 100
August 04, 2013, 11:55:45 PM
#11
Chips and When they get delivered is the only thing bitcoin miners care about, He's 5+ weeks late. Honestly I thought that MAYBE they might have delivered on time if it was just chip delivery..seems like it isn't so.
hero member
Activity: 924
Merit: 1000
August 04, 2013, 11:46:27 PM
#10
Chips.

Miners.

Delivery please.

full member
Activity: 238
Merit: 100
August 04, 2013, 11:27:27 PM
#9
So what? I only care about when I can receive my batch#3 miner.
I believe there are also many people want to know when they can receive their pre-order chips.
Why Avalon team does not focus on the business they should do?

Because $200 million dollars is a lot of money?

Hopefully Yifu will do right by everyone who had their items delayed.
sr. member
Activity: 448
Merit: 250
August 04, 2013, 11:24:57 PM
#8
So what? I only care about when I can receive my batch#3 miner.
I believe there are also many people want to know when they can receive their pre-order chips.
Why Avalon team does not focus on the business they should do?
hero member
Activity: 539
Merit: 500
August 04, 2013, 10:02:27 PM
#7
LOL
It seem more likely that Avalon Ventures is the one with the 200 million deal not Avalon bitsyncom.


This.  Avalon is a product name - the company name is BitSynCom.
full member
Activity: 238
Merit: 100
August 04, 2013, 09:59:46 PM
#6
LOL
It seem more likely that Avalon Ventures is the one with the 200 million deal not Avalon bitsyncom.

You should really read the article, bro:

Quote
The bitcoin deal was put together by Andrew Laurus, a former government-bonds salesman at Lehman Brothers who is also an investor in the fund. Avalon was set up by Yifu Guo, a pioneer in the bitcoin-mining industry. He was part of the team that developed the first ASIC bitcoin mining hardware. ASIC stands for application-specific integrated circuit, a type of custom-designed microchip. Mr. Guo couldn't be reached for comment.
sr. member
Activity: 378
Merit: 250
August 04, 2013, 09:57:47 PM
#5
LOL
It seem more likely that Avalon Ventures is the one with the 200 million deal not Avalon bitsyncom.
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