Quote from: Bargraphics on August 09, 2013, 01:19:14 PM

Quote from: Bitcoinorama on August 09, 2013, 01:08:39 PM

Quote from: cypherdoc on August 09, 2013, 04:55:29 AM

yes, then don't order.

in fact, you can blame me for advising them not to take cc's. like i said in my thread, i had orders of 3 Jupiter's in at KNC, and 8 H boards with BitFury. i never intended to order that many as a whole simply b/c i was playing the Ms. Fickle game of hedging my bets across multiple companies fully intending to cancel all but one order with whom i deemed the winner in my orderbook in the end. so i artificially inflated the internal expectations at both these companies about what the demand was going to be going forward.

i consider myself a pretty rational actor and i knew if i was doing this that there were a great many of you doing the same thing. thus, i told HashFast not to take cc's or paypal. yes, it may decrease orders at the beginning but it will eliminate their internal volatility going into production. they will be able to plan their expenses much more precisely. HashFast doesn't want fickle customers jumping in and out of the order queue causing all sorts of headache and hassle. they want committed customers who really understand what they're doing and are willing to wait until the end of December at the latest before they request a refund.

i really think one of those companies taking cc or paypal could undergo a walletectomy by having a darkhorse company like HashFast come out with a superior chip product. yes, it may be just vaporware right now but tapeout is going to occur within a matter of days which is a significant milestone and they have additional plans in the works.

That's fraud you've just publicly admitted to, I hope you realise that. I've been telling people to use card so they are protected, not manipulate the financial standing of companies and their anticipated cash flow to hedge bets.

I agree, this is pretty messed up. Maybe HashFast reacted too quickly in choosing their "Endorser".

you'd better think a little more carefully about what i said. you're confusing "result" with "intent".

i was just doing what everyone else around here IS doing and that is placing multiple orders across all players as early as possible to reserve a place in their order queue. someone above called using cc's a "put option". that's not a bad description. what we're all doing is trying to figure out who is going to come out the winner of this asic race. we all want a foot in each door, just in case. and there is no doubt in my mind that somewhere along here, the "result" is going to be that some company is going to run into a cash crunch from a rush to chargebacks.