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Title: BitcoinASIC refund fiasco is BitPay's fault Post by: BasementMiner! on February 23, 2013, 10:35:23 AM I heard BitcoinASIC never converted their coins into USD.
BitPay may not be letting Tom getting the full amount, and only let him withdraw at the current USD rate. Title: Re: BitcoinASIC refund fiasco is BitPay's fault Post by: PuertoLibre on February 23, 2013, 10:42:17 AM Please post more information and sources for your information.
Where did you hear this from? Title: Re: BitcoinASIC refund fiasco is BitPay's fault Post by: dust on February 23, 2013, 10:42:34 AM Source? I highly doubt that BitPay is still in control of any of the bASIC pre-order BTC.
Title: Re: BitcoinASIC refund fiasco is BitPay's fault Post by: DobZombie on February 23, 2013, 12:31:59 PM and only let him withdraw at the current USD rate. Wouldn't that make them richer? Title: Re: BitcoinASIC refund fiasco is BitPay's fault Post by: Frizz23 on February 23, 2013, 03:03:32 PM and only let him withdraw at the current USD rate. Wouldn't that make them richer? Depends. If the BTC crash continues then no. Title: Re: BitcoinASIC refund fiasco is BitPay's fault Post by: crazyates on February 23, 2013, 06:52:34 PM If the BTC crash continues then no. Paranoid much? Over the past 4 days, the value has risen ~10%, and then dropped ~10%. Go look at the MtGox 30 day timeline - it's a pretty consistent upward trend. I don't consider that a crash. Title: Re: BitcoinASIC refund fiasco is BitPay's fault Post by: Phinnaeus Gage on February 23, 2013, 07:41:23 PM I thought it was a foregone conclusion that Tom maintain(s/ed) at least one main wallet containing BTC, and it's from there that earlier refunds stemmed from.
Title: Re: BitcoinASIC refund fiasco is BitPay's fault Post by: miter_myles on February 23, 2013, 11:03:16 PM at the end of the day, it all falls back on Tom..
I'm actually still waiting for a couple chargeback disputes to be finalized... thanks again Tom! Title: Re: BitcoinASIC refund fiasco is BitPay's fault Post by: Steve on February 25, 2013, 03:41:37 PM We payout all merchants daily regardless of what currency they choose to be paid in (in the cases of USD or other national currencies, we payout as the banking system allows...which means we can't payout on weekends or holidays). We do not hold funds on behalf of merchants, BitcoinASIC is no exception.
Title: Re: BitcoinASIC refund fiasco is BitPay's fault Post by: miter_myles on February 25, 2013, 03:43:21 PM so, we can scratch this weak scapegoat attempt from the Tom/bASIC drama? Sounds like it..
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