I love Tmax 400, but...

[RattyMouse]

To be fair to RattyMouse, I did as he suggested and Googled "Kodak and Cryptocurrency scam" and found two articles straightaway which seemed to have legitimate sources.

It depends on how you define "scam" I suppose. It certainly isn't in the legal sense an illegal confidence trick but it may not be a sensible investment in terms of a rate of return. It would appear that Kodak is diversifying into strange areas. It has had an immediate beneficial effect on its stock but it does smack of desperation and the need to latch on to what may be a "Bitcoin" bubble.

It certainly doesn't give me faith in Kodak.

pentaxuser

Exactly. All you have to do is look. It takes 20 seconds to find articles detailing Kodak's cryptocurrency scam. The information won't fall into your lap however.

 

[RattyMouse]

I read a lot about Kodak and the new KodakCoin but I read nothing about a scam.

Your post is the only reference to scam that I find.

I think there may be some personal animosity toward Kodak being voiced.

https://www.buzzfeed.com/ryanmac/ex...cheme-a-scam?utm_term=.ojjjPGre8z#.rn18kxGP0e
https://www.buzzfeed.com/ryanmac/ex...cheme-a-scam?utm_term=.ojjjPGre8z#.rn18kxGP0e
Many links found...total time spent looking....about 30 seconds.

 

[RattyMouse]

To be fair to RattyMouse, I did as he suggested and Googled "Kodak and Cryptocurrency scam" and found two articles straightaway which seemed to have legitimate sources.

It depends on how you define "scam" I suppose. It certainly isn't in the legal sense an illegal confidence trick but it may not be a sensible investment in terms of a rate of return. It would appear that Kodak is diversifying into strange areas. It has had an immediate beneficial effect on its stock but it does smack of desperation and the need to latch on to what may be a "Bitcoin" bubble.

It certainly doesn't give me faith in Kodak.

pentaxuser

Right. Not illegal, but certainly stupid. Mindblowingly stupid. Kodak is counting on the complete stupidity of the public for them to fall for their scam.

https://bitcoinist.com/scammed-kodak-bitcoin-miner-lie/

 

[Craig]

Kodak is counting on the complete stupidity of the public for them to fall for their scam.
/

Never underestimate the stupidity of the public. It's probably fair to say that worked very well for Trump in the last election.

 

[RattyMouse]

Never underestimate the stupidity of the public. It's probably fair to say that worked very well for Trump in the last election.

Yep.....sad but true.

 

[John Wiegerink]

Never underestimate the stupidity of the public. It's probably fair to say that worked very well for Trump in the last election.

P. T. Barnum of Circus fame, made the famous quote, "There's a Sucker born every minute". Or maybe I'm mistaken and it was a quote from D. J. Trump instead? Either way there is plenty of truth in that quote. My father always said, "If it sounds to good to be true then you better believe it is to good to be true". Unfortunately far to many folks find that out far to late. JohnW

 

[Sal Santamaura]

Never underestimate the stupidity of the public. It's probably fair to say that worked very well for Trump in the last election.

P. T. Barnum of Circus fame, made the famous quote, "There's a Sucker born every minute"...

We're off topic (and in violation of the rules) with this line of 'discussion' here. Head on over to the Soap Box and you'll see that I've been referring to the leader of Occupy White House as "Barnum" for close to two years.

Note that, by my calculation, the requirement was closer to one every 20 seconds than "every minute."

 

[lensmagic]

And your other options are??

The option I chose: switch to Ilford Delta 400.

 

[John Wiegerink]

We're off topic (and in violation of the rules) with this line of 'discussion' here. Head on over to the Soap Box and you'll see that I've been referring to the leader of Occupy White House as "Barnum" for close to two years.

Note that, by my calculation, the requirement was closer to one every 20 seconds than "every minute."

Sal, I don't even want to talk about Mr.Barnum so I'm dropping it. I'd much rather talk about a happier topic like the extinction of film. Well, less depressing anyway. Scarey, but more pleasant. I have said it before and tthat is that TMY2 is the best 400 speed B&W film produced, maybe ever produced, but I'll be using HP5+, which I love in Xtol replenished until the fly is out of the oinment. JohnW

 

[Pioneer]

Just to be clear. I was talking about the KodakCoin part of the process, not the KashMiner, which I had not seen before this.

 

[Pioneer]

The option I chose: switch to Ilford Delta 400.

Sure. You can certainly buy any other film you would like to use. But how do you get any of your investment back on your TMY400 without contacting Kodak?

Short answer is that you don't. In other words you are willing to accept your losses and move on. That is certainly one way to do it but not a way I would recommend.

But, you are a big boy.

 

[Pioneer]

You didnt look too hard. Kodak has come out with a bitcoin mining piece of hardware that is a total scam. There are articles all over the web. Just search and find them.

https://lifehacker.com/why-kodaks-bitcoin-scheme-is-a-scam-you-should-avoid-1821957658

Ratty, you know as well as I that you can type the word "scam" alongside just about any other word into google and get tons of results. This is the internet after all.

However, that being said, I don't think I would choose to invest in the KashMiner. KodakCoin is another story and may be a good thing if it works as intended.

 

[RattyMouse]

Just to be clear. I was talking about the KodakCoin part of the process, not the KashMiner, which I had not seen before this.

Kodakcoins are useless, utterly useless, to a middle class photographer. You need to be an "accredited investor" to buy and sell Kodakcoins. To be accredited, your annual income must be $200,000/year or you have to have a net worth in excess of $1 million dollars. How is this helpful for the general photographer? Kodak does not even try to explain this. The link below shows how ridiculous Kodakcoins are.

https://www.bitcoinisle.com/2018/01/10/good-luck-spending-your-kodakcoins/

 

[pentaxuser]

I think the phrase "truly astonishing" springs to mind. If you had told me that Kodak would be involved in this kind of business even a couple of years ago I'd have dismissed it as much more fanciful than restarting Kodachrome

pentaxuser

 

[RattyMouse]

I think the phrase "truly astonishing" springs to mind. If you had told me that Kodak would be involved in this kind of business even a couple of years ago I'd have dismissed it as much more fanciful than restarting Kodachrome

pentaxuser

Well, remember, before Kodak announced these schemes, they were in serious trouble. Their stock was down 80% YTD and were in danger of delisting from the New York Stock Exchange if it continued unabated. Kodak's last financial report showed that they are hemorrhaging money in most of their businesses. They needed a distraction from these large financial losses as well as the cratering stock price. Solution? Enter cryptocurrency mania.

This shows how truly dire and desperate the situation is at a Kodak.

 

[Sal Santamaura]

...TMY2 is the best 400 speed B&W film produced, maybe ever produced, but I'll be using HP5+...

I've made this comment before in threads discussing the backing paper issue, but here goes again.

I agree about TMY-2. Perhaps it's time to embrace 4x5. No backing paper, larger image area and camera movement availability.

 

[John Wiegerink]

Sal,
I do use 4X5 also, but I sure use my medium format cameras much, much more.

 

[RattyMouse]

I've made this comment before in threads discussing the backing paper issue, but here goes again.

I agree about TMY-2. Perhaps it's time to embrace 4x5. No backing paper, larger image area and camera movement availability.

I'm going the other way. I'm going to order a few rolls of TMAX 400 in 35mm size. While I will never again shoot it in 120 size, 35mm is safe from this paper fiasco.

 

[Ste_S]

Received a replacement box of TMAX 400 in the post from Kodak today after raising my backing paper issue with them.

I'll probably shoot it at some point, but I think I'll be mostly shooting Ilford XP2 / Fuji Neopan 400CN for 120 going forward. The backing paper issues put me off TMAX to some extent, but XP2 also suits my workflow better.