Incoming Avalon News 8/9/2013

[intense]

I am tired of this toxic community malformed by greed.

Dude has a point...

Care to elaborate on this. I don't see how anyone putting up the funds prior to receiving a product can be considered greedy in any capacity. People have every right to be irritated when they've done everything by the book yet still get let down due to either a poor code of ethics from a company they trusted or just pure incompetence from the people running the business.

[Stack]

I am tired of this toxic community malformed by greed.

Dude has a point...

Fuck off.

The profits of miners ASSEMBLED by the DIY community (not even by yifu!!) was never going to be huge. Still, it would've been some nice little pocket money - sadly I also brought other people in with me to join in on this excitement - as it would be our first "real" mining unit, an asic, previously only obtainable by the rich and the connected, unique and first of its kind made by the people for the people. I wanted to be apart of that! Yifu took that away from us... and left a sour taste behind, the magic is gone. These chips looked like a hope of bitcoin remaining decentralised and for the people, but that dream is dying an ugly angry death.

[Vycid]

I am tired of this toxic community malformed by greed.

Dude has a point...

Fuck off.

The profits of miners ASSEMBLED by the DIY community (not even by yifu!!) was never going to be huge. Still, it would've been some nice little pocket money - sadly I also brought other people in with me to join in on this excitement - as it would be our first "real" mining unit, an asic, previously only obtainable by the rich and the connected, unique and first of its kind made by the people for the people. I wanted to be apart of that! Yifu took that away from us... and left a sour taste behind, the magic is gone.

There was a point at which the profits could conceivably have been 10-fold.

Don't tell me it was never going to be huge. The reason that there were a million chips on order was greed, plain and simple.

That doesn't excuse Yifu - he should have limited the number of orders, if he didn't have the volume worked out with TSMC - but it WAS greed.

[BitCsByBit]

steamboat has posted an update regarding his 6 batches:

https://asktom.cf/index.php?topic=192916.msg3033196#msg3033196

[itod]

Hey, check it out - the address that paid you got it's coins from https://blockchain.info/address/15PW2jpo212JGAoYa6WB6FBUMdGzBqmDT6

Which came from:
https://blockchain.info/address/158mVoizfU3xPxGGchGtnsKSixGs9XTo6v

Which in turn got 10,000 coins from: https://blockchain.info/address/16ygEoTjg7P5GJwLKTQd1UgqAGuF8bKVRc

And, that in turn got it's coins from: https://blockchain.info/address/1FGAftzSTztFSB8LMwsrdCKTyqGY6zr3sU

Which, if you'll remember is the "mystery address" that Yifu said "who say's we control that address" (or whatever)

I happened to remember the 158mVoizfU3xPxGGchGtnsKSixGs9XTo6v address showing up in a discussion about a mystery solo mine somewhere.

It's very hard to lie consistently for a long time about a lot of issues. Yifu just found it out, he's young and many smart youngsters consider that task to be easy for them. Too bad he has chosen that path.

[plasmoske]

Lying is more difficult than telling the truth because when you lie, you have to make up a story and remember to stick to it so that you don’t get caught. Telling the truth requires less effort because there is no "story" that must be memorized and recalled later; you just tell what you know.

Sabotage. Dust on mining rigs. Customs. Mafia. Extortion. Pre-mining. Inside deals. Bitcoin Address not mine. Already refunded. Team-member sick. Security issues. Trade-ins. And hundreds more.

Lies or truth? You be the judge.

[rudrigorc2]

Under the circumstances, I hope you won't be too upset to learn that many people will be extremely skeptical of refund claims until a bunch of people start posting their txids.

Here is the blockchain info for 9 refunds... mine was in this batch.
https://blockchain.info/address/1JrwWrt3TYUzMYFEBLX5hTo1zFsEY6tWZN

Hey, check it out - the address that paid you got it's coins from https://blockchain.info/address/15PW2jpo212JGAoYa6WB6FBUMdGzBqmDT6

Which came from:
https://blockchain.info/address/158mVoizfU3xPxGGchGtnsKSixGs9XTo6v

Which in turn got 10,000 coins from: https://blockchain.info/address/16ygEoTjg7P5GJwLKTQd1UgqAGuF8bKVRc

And, that in turn got it's coins from: https://blockchain.info/address/1FGAftzSTztFSB8LMwsrdCKTyqGY6zr3sU

Which, if you'll remember is the "mystery address" that Yifu said "who say's we control that address" (or whatever)

I happened to remember the 158mVoizfU3xPxGGchGtnsKSixGs9XTo6v address showing up in a discussion about a mystery solo mine somewhere.

This is great news. Shows they have enough coins to proceed with the refunds asap. Im waiting 400 BTC back. C'mon, tune that script. Thank you.

[RoadStress]

I am tired of this toxic community malformed by greed.

Man, you've got quite some nerve for posting this. A full refund will not solve the issue. Please explain the 1+ million chips delivery that showed up in pictures from June? So, where did they end up?

batch 3? the amount was never 1+ million chips. if one 1+ million chips did show up in june, none of this would be happening and difficulty would NOT be this low, do some math.

also people seem to not make the connect to sudden raise of difficulty to us shipping batch 3 and bitfury's http://ghash.io pool coming online...

brb making refund form, I'm done with this.

You promissed 9-10 weeks delivery for chips. Considering the 2 weeks in customs how else do you explain the big delays for shipping the chips?

[ewibit]

The only thing Avalon can really do at this point is send chips AND refunds.

[eve]

Someone who are from New York and surrounding areas should go to his place, his family house and his relative house and knock on doors asking where is Yifu and the reasons for coming by, if those guys could do that in China, surely New Yorker also could do the same thing. Could someone posts his address, his family address,  telephone numbers, car plate numbers and other information. This will wake him up... You are being follow behind every move you make, that should scare him or post his China address. But maybe he is now staying at 5 stars hotels everywhere he goes.

[rebelrat]

I am tired of this toxic community malformed by greed.

Dude has a point...

Fuck off.

The profits of miners ASSEMBLED by the DIY community (not even by yifu!!) was never going to be huge. Still, it would've been some nice little pocket money - sadly I also brought other people in with me to join in on this excitement - as it would be our first "real" mining unit, an asic, previously only obtainable by the rich and the connected, unique and first of its kind made by the people for the people. I wanted to be apart of that! Yifu took that away from us... and left a sour taste behind, the magic is gone.

There was a point at which the profits could conceivably have been 10-fold.

Don't tell me it was never going to be huge. The reason that there were a million chips on order was greed, plain and simple.

That doesn't excuse Yifu - he should have limited the number of orders, if he didn't have the volume worked out with TSMC - but it WAS greed.

And how many Avalon batch 1, 2 or 3 do you operate, may I ask?  It was the  only way for miners to stay current without
even greater upfront money. DIY projects allowed the average Joe to continue to be a miner without having to pay extortionist
prices to Asicminer, or buy total vaporware from BFL.  So please, just shut up about the "greedy miners" already - if anybody
earned the right to be accused of greed, it is definitely not the small miners.  Or are you a shill for YIFU?

[g83]

The only thing Avalon can really do at this point is send chips AND refunds.

+1000

[Pompobit]

I'm pissed as you, but now insult Yufu like there's no tomorrow does not help anybody.

He broke ToS with the delay, now he is trying to remedy in some way. Although the simple refund may not be enough (assembly costs already paid, deals fallen, community works trashed (see Bkk), etc...) he seems willing to find a solution.

Good suggestions can help.
Insulting only, not.

[Stack]

I'm pissed as you, but now insult Yufu like there's no tomorrow does not help anybody.

He broke ToS with the delay, now he is trying to remedy in some way. Although the simple refund may not be enough (assembly costs already paid, deals fallen, community works trashed (see Bkk), etc...) he seems willing to find a solution.

Good suggestions can help.
Insulting only, not.

I disagree,

The past couple months have proven for a fact, that yifu will sit idle unless the community SCREAMS at him
Only when we trash out the company, and send legal demands, does he bother to respond.

[erk]

I'm pissed as you, but now insult Yufu like there's no tomorrow does not help anybody.

He broke ToS with the delay, now he is trying to remedy in some way. Although the simple refund may not be enough (assembly costs already paid, deals fallen, community works trashed (see Bkk), etc...) he seems willing to find a solution.

Good suggestions can help.
Insulting only, not.

It's probably too late for that, if  he is in the US, some nutter will probably put a bullet in him for ruining their dreams, it will no doubt give Bitcoin a bad name in the back of the tabloids.

It's unlikely any good will come of this.

[Ente]

I'm pissed as you, but now insult Yufu like there's no tomorrow does not help anybody.

He broke ToS with the delay, now he is trying to remedy in some way. Although the simple refund may not be enough (assembly costs already paid, deals fallen, community works trashed (see Bkk), etc...) he seems willing to find a solution.

Good suggestions can help.
Insulting only, not.

It's probably too late for that, if  he is in the US, some nutter will probably put a bullet in him for ruining their dreams, it will no doubt give Bitcoin a bad name in the back of the tabloids.

It's unlikely any good will come of this.

Oh, even Trendon didn't catch a bullet, and will finally be put to court.
And I see a huge distance between Trendon and Yifu.

Ente

[Min€r]

Anybody knows if chips orders will get refunded too? ... couldn`t find an info.

[erk]

[

Oh, even Trendon didn't catch a bullet, and will finally be put to court.
And I see a huge distance between Trendon and Yifu.

Ente

It all boils down to who you ripped off, if it's a large enough cross section of the public, then you takes your chances, there are a lot of nutters out there,

[kendog77]

My thinking is that if we keep calling him, leaving him voicemails and pressuring him to address the issues he will step up.

How long before he changes phone number?

spiccioli

that number stopped forwarding a while ago, since people are so hell bend on thinking we are selling chips to somebody in china first I'll address that.

there is a lot of people who bought chips purely for reselling, however the stock is 10k or so at most like all the other orders. I hope people did not think only people outside of china bought Avalon chips. ( out of the 800k chips, more than 50% are chinese orders.)

In addition, these resellers only have small quantity of chips ( since we didn't ship that many yet.) whether is alibaba or the chinese forums, I'd love to see anyone make a large purchase from these "resellers", because they simply do not have the chips, despise what they may advertise.

In other news, we are shipping as per usual like our last update and are doing the best we could but probably simply going to offer full refund soon, I am tired of this toxic community malformed by greed.

Yufi admits that they didn't ship that many chips yet, but then gives no explanation as to why they haven't shipped the chips on time. Complete, open, and honest communication would go a long way towards restoring trust, but BitSyncom insists on jerking people around.

I suspect that Avalon is simply not able to fulfill all bulk chip orders for one reason or another, so they have no choice but to issue refunds.

[johnyj]

Avalon might be working on something very big, comparing to that, their current generation chips selling are so small that they don't even have the time to bother

It seems that they have shifted their focus from bitcoin community to their own profit, that is not the ngzhang I usually know. I really hope that they still care about the community, that's where their success all started