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Title: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: Kartaiv on October 07, 2013, 10:45:13 AM Also there will be some compensation for trade-in and chip order customers. If you could provide some more details on the plans for this it would be greatly appreciated. Thanks Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: guitar82 on October 07, 2013, 11:07:29 AM I was wondering too because at this point most of us still haven't gotten assembled miners and are looking at a 60% loss of their investment.
Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: RoadStress on October 07, 2013, 11:57:21 AM Good luck with that!
Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: gotah on October 07, 2013, 12:03:36 PM yes we are also interested in this
Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: Kartaiv on October 08, 2013, 01:45:04 AM ^
Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: edgar on October 08, 2013, 03:08:45 AM lets be fair, he really owes compensation to everyone except B1 buyers.
the rest of us were not special... and we ended up ruffling his chi feathers Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: smoothie on October 08, 2013, 04:05:53 AM I seriously doubt you will get any compensation.
Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: emanymton on October 08, 2013, 04:23:46 AM i'd be happy with a refund, he's had our monies tied up for months now >:(
has anybody actually received a refund for a chip order yet? Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: glendall on October 08, 2013, 05:06:13 AM Ya hopefully Avalon is done now. There is just better options.
I feel for you guys, Avalon boned so many customers. I was in the 2/3 months late batch 3 avalons and though I'll probably never break even I feel lucky that it was even shipped....hopefully those days are all done now that there are much more reliable options on the mark (or soon on the market). Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: shapemaker on October 08, 2013, 10:53:52 AM We'll get a bumper sticker with "YIFU for President" and a very cute fluffy toy to pet so we can soothe ourselves. Also the toy is loaded with good Chi, hugs and kisses. Also kittens and rainbows.
Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: HorseRider on October 08, 2013, 01:57:49 PM Also there will be some compensation for trade-in and chip order customers. If you could provide some more details on the plans for this it would be greatly appreciated. Thanks Yifu will let you fuck his ass. Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: jimrome on October 08, 2013, 02:06:53 PM Also there will be some compensation for trade-in and chip order customers. If you could provide some more details on the plans for this it would be greatly appreciated. Thanks Yifu will let you fuck his ass. Doubtful, that would likely(?) damage his Chi. Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: Nemesis on October 08, 2013, 02:15:05 PM He would suck your dicks. Hows that for compensation? A bitch gotta know how to suck right?
Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: eroxors on October 08, 2013, 02:45:11 PM Since Avalon is auctioning their new 320-chip models starting at 16btc, (.05btc/chip) the chips alone are maybe worth half that.
Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: joeventura on October 08, 2013, 02:50:20 PM Your compensation is you can bid on the units they have been hashing with for the last 6 months
Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: dairy100 on October 08, 2013, 03:23:24 PM If stupidity was an olympic sport he'd win GOLD in 2014 lol
Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: Kartaiv on October 08, 2013, 04:33:21 PM Since Avalon is auctioning their new 320-chip models starting at 16btc, (.05btc/chip) the chips alone are maybe worth half that. Agreed. Chip buyers should be refunded to equalize this price point at bare minimum. They are literally selling entire pre-built units for HALF the price that chip buyers paid for just the chips to go into a unit. For example, 320 chips at half the price of a unit = 7.5btc which comes out to .0234btc per chip. 10,000 chips * .0234 = BTC234. Thus, it equates that chip purchasers should be refunded at LEAST BTC550 per order. Even at that price point Avalon would cover their costs of the chips and still be making a significant profit margin on the chips. Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: eroxors on October 08, 2013, 06:01:25 PM Since Avalon is auctioning their new 320-chip models starting at 16btc, (.05btc/chip) the chips alone are maybe worth half that. Agreed. Chip buyers should be refunded to equalize this price point at bare minimum. They are literally selling entire pre-built units for HALF the price that chip buyers paid for just the chips to go into a unit. For example, 320 chips at half the price of a unit = 7.5btc which comes out to .0234btc per chip. 10,000 chips * .0234 = BTC234. Thus, it equates that chip purchasers should be refunded at LEAST BTC550 per order. Even at that price point Avalon would cover their costs of the chips and still be making a significant profit margin on the chips. That's not even mentioning the price break for buying 10k chips. I think a case could be made for a sub .02 value. Still, Yifu needs to make this right, or risk a rep. as bad as Pirateat40 aka Trendon Shavers. Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: Bicknellski on October 08, 2013, 06:08:05 PM Since Avalon is auctioning their new 320-chip models starting at 16btc, (.05btc/chip) the chips alone are maybe worth half that. Agreed. Chip buyers should be refunded to equalize this price point at bare minimum. They are literally selling entire pre-built units for HALF the price that chip buyers paid for just the chips to go into a unit. For example, 320 chips at half the price of a unit = 7.5btc which comes out to .0234btc per chip. 10,000 chips * .0234 = BTC234. Thus, it equates that chip purchasers should be refunded at LEAST BTC550 per order. Even at that price point Avalon would cover their costs of the chips and still be making a significant profit margin on the chips. That's not even mentioning the price break for buying 10k chips. I think a case could be made for a sub .02 value. Still, Yifu needs to make this right, or risk a rep. as bad as Pirateat40 aka Trendon Shavers. Too late... and I think you mean as bad a rep as Josh aka Inaba. Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: Threader on October 08, 2013, 06:42:45 PM Your compensation is you can bid on the units they have been hashing with for the last 6 months Complimentary Chinese Dust mites included at no extra charge! Each dust mite with perfect Chi Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: Kartaiv on October 10, 2013, 02:43:26 PM ^
Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: Kartaiv on October 15, 2013, 09:26:48 PM Still looking for answers....
Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: peetah on October 16, 2013, 08:29:31 AM Still looking for answers.... You'll have to find answers in a legal action. Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: af_newbie on October 16, 2013, 05:18:05 PM Still looking for answers.... You'll have to find answers in a legal action. "Go hug your mother (or something)" by Yifu Guo, 2013 All Rights Reserved. Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: rudrigorc2 on October 16, 2013, 05:20:19 PM Still looking for answers.... You'll have to find answers in a legal action. "Go hug your mother (or something)" by Yifu Guo, 2013 All Rights Reserved. LOL great Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: edgar on October 17, 2013, 05:25:14 AM Even those group buyers who have received refunds are still screwed by Yifu if they offered assembly services. And all the group buy customers who got a chip refund are still screwed if they purchased assembly services. Those that have received chips are also screwed as they won't make ROI. Not to mention that time, labor, integrity, failed business models by GB's, and the ultimate let down by the total failure of this project has not only potentially ruined many GB organizers, but their project momentum, hopes, and reputations have been put on the line. Group Buyers are people and the energy they have invested, hours they have put in, and the farce this has turned into - it can ruin some one, if not put them into bankruptcy, by robbing them of their motivation and strong desire to see future projects succeed. Legality aside, this whole episode is highly unethical and immoral. Sure people can say don't risk more than you can afford to lose, but Yifu did a pretty good job selling himself as an individual that would deliver the product with integrity, no BS, and wouldn't mine himself. GB organizers, as well as customers, trusted him based on his speech, and placed their faith in the words coming out of his mouth. The shame is that this could have been something really great, and led to long lasting business relationships, and Yifu would have been a hero. Where and why did this all go so wrong? China & Greed... 'SURPRISE'!! Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: Kartaiv on October 21, 2013, 10:03:27 PM ^ Looking for updates...
Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: dogjunior on October 21, 2013, 10:38:17 PM BitSyncom will issue compensation when hell freezes over.
Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: aTg on October 21, 2013, 11:10:40 PM http://avalon-asics.com/product/avalon-110nm-chip-10000-tray/
10,000 Chips at 100 BTC, those who pay more than 700 BTC we felt ripped off, the price of bitcoin has not risen as much as 7 times to reduce the cost, we have all lost our bitcoins not rising difficulty, just to pay the profit margin of these people ... if we had paid 100 BTC in his day could still reach the ROI I hope everyone take note, we are being ripped off with the profit margin of manufacturing a asic. Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: fasmax on October 21, 2013, 11:27:40 PM Still waiting for my chips/miners from zefer/burnin and now I see chips for a fraction of what I paid.
This game moves fast and I guess I am not fast enough. :) Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: eroxors on October 22, 2013, 12:46:41 AM http://avalon-asics.com/product/avalon-110nm-chip-10000-tray/ 10,000 Chips at 100 BTC, those who pay more than 700 BTC we felt ripped off, the price of bitcoin has not risen as much as 7 times to reduce the cost, we have all lost our bitcoins not rising difficulty, just to pay the profit margin of these people ... if we had paid 100 BTC in his day could still reach the ROI I hope everyone take note, we are being ripped off with the profit margin of manufacturing a asic. Fuck you yifu. Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: AdamKD on October 22, 2013, 01:44:47 AM if we had paid 100 BTC in his day could still reach the ROI No you wouldn't. Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: dogjunior on October 22, 2013, 01:50:36 AM YIFU = Yes I Fucked U
Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: af_newbie on October 22, 2013, 02:29:56 AM BitSyncom will issue compensation when hell freezes over. He will issue few just for the show. He will need some image lift before they come here with their gen 2 pony show. Just make sure you follow them where ever they go online to remind them what they did. Title: Re: BitSyncom, what compensation is planned for chip buyers/trade in customers? Post by: Unacceptable on October 22, 2013, 02:33:51 AM Enough morons will still buy his crap,the greed overpowers morals everytime!!!!!!!!!!!! ::)
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