Post
Topic
Board Hardware
Re: HashFast announces specs for new ASIC: 400GH/s
by
Ytterbium
on 20/01/2014, 00:44:39 UTC
I have no idea what is going on inside Hashfast or what it all means.  I'm simply pointing out the complete hypocracy of a large majority of this thread and calling for an end to it. (haha yeah like that'll happen!) Be consistent and logical when you pose your arguments.  Posing these contradictory arguments for and against something only undermine your case. A lawyer would have no problem digging up all this useless blabber and using it in a defense against Hashfast to show that the plaintiffs are nothing but immature temper tantrum throwers.

In order to introduce it into evidence in court, at lawyer would would need to actually get the poster to show up and take the stand, otherwise it would be inadmissible as hearsay.

Also, holy crap you are stupid.

Ok, so lets consider for a moment if Hashfast did not do what was good for Hashfast... Hashfast refunds the BTC at the current rate, presumably having to purchase them off the open market. Where does that money come from?  They probably don't have it, as it's already been spent on development... but lets say they do have the cash to purchase at least some of the BTC back.  They exhaust all of their cash to do this and issue as many refunds as they can.  Now they have zero cash to continue operations (people don't generally work for free and suppliers sure as hell don't give away product for free), have not paid back everyone and are forced to go out of business.  

Yes, that's the ideal situation for customers.  Hashfast goes out of business, and customers get the maximum amount of money returned as possible. Also, it's unlikely they spent all of their BTC on development. Their chip was already worked up before they even started taking orders.

The alternative is the option you took, which is to keep the money and deliver months late crap that will never ROI. People don't want "hardware" they want hardware that will actually make more bitcoins then it cost them.  It's the option where you keep all the money and the marks "customers" get nothing of value.