Post
Topic
Board Hardware
Re: @Yifu/Bitsyncom please dont hold back the chip shipment because of b3 miners...
by
trigeek
on 30/07/2013, 15:59:04 UTC
Yifu alluded to that address having nothing to do with him...although he didn't deny it either;

I was waiting for that.  I bought chips through a group buy, and all the payments from that group buy went to this address.  Chip orders cost 782BTC, and almost all of the transactions to that address were for that exact amount or very close.  People were wondering why Yifu hadn't spent any of the 72K BTC yet, and I think what he was alluding to is that either TSMC or some other entity was interested in keeping the funds as BTC and paying for the fab work using currency from some other source.  My point was- that address is most definitely for chip orders, and there are almost 100 x 10,000 chip orders there.

Quote
I'm just wondering, and genuinely not to spread FUD, but purely because they are a small team and the fear some of Bitsyncom members showed by changing mobile numbers and disappearing AWOL (Yifu mentioned this a while back), along with the exposure Bitcoin and Yifu has generated w.r.t. building money printing machines currently evading government scrutiny, if they have picked up some attention from some less than friendly customers with nefarious intent, i.e. a criminal gang that's 'politely' asked them to delay some orders so they can capitalise.

Then again, every time Yifu, or for that matter any company representative posts in these forums once money has been taken, the backlash appears more trouble than it's worth. Still there is the responsibility to keep people abreast of the situation regardless of how happy the news may, or may not make them at points...

It just looks extremely bad to be A.W.O.L with 8 million dollars of peoples money. Even if they don't have good news to give.