Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
SebastianJu
on 17/01/2013, 23:25:04 UTC
However, the shareholders of ASICMINER are always in a better place

Props for the decency to present it as an equity deal from day one, rather than calling stock subscription "preorders" like everyone else.

Yeah, this. It still pisses me off how BFL abused all of their investors by calling them customers and called their investments preorders. Between BFL and bASIC, a lot of bullshit has gone on that ASICMINER and Avalon and the entire Bitcoin community could have done without.

But it was pretty clear from the start that you invest as a shareholder in asicminer and that the chips from bfl has to be created first. That wasnt hidden. So everyone who bought there played the game and lost. That happens. But i dont think thats a reason to blame bfl. They are late but that was part of the things that can happen from the start.