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Some people are waiting even longer, like for 2 months and longer.
by M4v3R 13y ago
Some people are waiting even longer, like for 2 months and longer.
- yebyen 13y agoGiven that I ordered two Jalapenos from Butterfly Labs in January and they've just shipped today, and people who ordered larger, more expensive items are waiting even longer, I'd say there's a certain tolerance for waiting when it comes to money and items crossing borders in the Bitcoin community.
- makomk 13y agoGiven that pirateat40's ponzi managed to take in the majority of the Bitcoin community, I'd say their actions don't necessarily represent sound financial practice.
- bdcravens 13y agoNo, there isn't tolerance. The Bitcoin community feels trapped and accepts fate. BFL: they refuse refunds. You can get them if you push PayPal a bit, but BFL's policy is that you're stuck. Mt Gox: despite multiple failures (security breaches, closing when they couldn't handle load, wire delays, etc) they still survive because they're the biggest. Bitcoin is run by a bunch of hobbyists cashing in. The market will mature, and in time there will be a greasy spot where companies like BFL and Mt. Gox used to be. It's much like the early days of the Internet: early ISPs were charming, but eventually the Internet service grew and required companies that could operate at that level.
- wmf 13y agoIf all the companies selling mining equipment are incompetent and untrustworthy, you don't have to mine. I don't any more. You don't have to daytrade either.
- bdcravens 13y agoI never said anything suggesting that all the companies were untrustworthy. I was responding to the idea that Bitcoiners are patient - I was pointed out that wasn't the case, but that some very large players in the industry have backed their customers into corners with little way out.