The service fee has been reduced to 5%, which seems fair. Thanks for the update.
Still curious to hear about assembly, parts and shipping.
Seems fair? This is absolute bullshit. Steamboat already made 10% on each chip order. Why does he deserve another 5% for essentially filling out a refund form from Yifu. Granted he will have to deal with all the paperwork but that was what he signed up for when he organized this group buy - total control. Why was every other group buy organizer able to provide a 100% chip refund?This is absolutely outrageous. |
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I figure I've waited this long, and with the recent increase in price of BTC, ROI is looking better already.
To properly analyze ROI you should not think in dollars but in btc. |
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I just found this in another thread. It seems to document that one batch of Avalon chips was actually in customs for 60 days or so. Ok everybody, as promised, I have an update on the Avalon chips shipment status. I just got off the phone with Gary, the account manager for this particular case and this is exactly what he told me:
This shipment has been on hold by US Customs in New York since June 12th. He said that these are extremely extenuating circumstances because the most shipments ever get held up by Customs is about 30 days, so this is WAY past that. He also mentioned that US Customs has been non-cooperative when it comes to conveying any communication on the status of this case. So Gary and his company, they're all having a special meeting next Wednesday together with the Director of the US Customs of New York.
So we should have more information late Wednesday night. I will update you as soon as I get briefed on the matter.
Hope this helps shed a little more light on this unfortunate incident.
The NSA is obviously putting backdoors in all our chips! |
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I like your signature pixl8tr .
I'll be holding onto my boards / chips. As long as price keeps going up, even slightly every week or two, we may sneak something out.
kosta
With that same logic - you would be far better off getting a refund and holding on to the coins. |
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Considering a refund for 50 batch #2 chips, depends on the refund on assembly.
burnin is promising 50% refund on assembly. Could you promise the same order of magnitude?
This is a very good question. For those choosing the refund option, surely there is at least SOME room for partial refunds on assembly. Especially for those that ordered full assembly, testing, and rush shipping... As for requesting refunds, I've decided I DO want a refund for my order of 36 Batch #4 chips. But why is everyone emailing Steamboat and getting on some spreadsheet? Didn't Steamboat say we would be notified of how to request refunds? Should we really be posting transaction details in this thread? I'm just sayin... "We will post an update and send an email to everyone who has purchased chips with additional information and instructions once we have received confirmation of the refund option."Nobody is emailing steamboat - I am organizing this. I am only doing this to show that we can at least get to one full batch (10,000 chips). So I am just doing this preemptively and hopefully will make steamboats load a little lighter and just to show amount of interest. If you wish to be added to the list either pm me the details (username, chips #, batch #, transaction id) or send the info to ChipRefund@3mail.33mail.com - transaction ID is absolutely necessary to verify all claims. https://docs.google.com/spreadsheet/ccc?key=0Au277u2T6_H3dGRjZkllM3R5cTdVXzZpd0h2Sm5Ub3c#gid=0 |
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refund, ew4by, 160 chips, batch 4
Can I please get your TXid you sent to steamboat - we need to make sure we are checking the integrity of all claims. |
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Well the problem with a refund is that steam boat is going to be out of pocket for a lot of circuit board parts. I don't know how many parts he purchased in advance but it's going to be a fair bit so who's going to foot the bill on that?
Those who just purchased chips, have nothing to do with steamboats standalone assembly service. I'd like a full refund on my 219 batch 4 chips. Thanks. Added you to https://docs.google.com/spreadsheet/ccc?key=0Au277u2T6_H3dGRjZkllM3R5cTdVXzZpd0h2Sm5Ub3c#gid=0Anyone who would like a refund, please either PM me or email ChipRefund@3mail.33mail.com please include username, # of chips, batch number, and TXid. Or forward your original email you sent to SteamBoatThe sooner we can verify that 10,000 chips want a refund the sooner we can request our BTC back from Yifu. He has actually been doing a decent job on processing refund requests: https://blockchain.info/address/1JrwWrt3TYUzMYFEBLX5hTo1zFsEY6tWZN I am amazed that people who went into these group buys knowing the possibility of delays and increasing difficulty now want refunds. You made your decision to do a group buy and now because of late chip deliveries people want to bail. Accept the fact that you made a choice and it didn't work out. Take delivery of your chips when they arrive and have them assembled. Follow thru on your plan and then mine or sell. Don't try and make Steamboat the bad guy.
Avalon GUARANTEED a 9-10 week delivery on chips. They broke their contract. Nobody is asking steamboat to repay the costs of PCP boards and parts. Users who are interested, are asking for steamboat to take Yifus offer to refund chip orders. Steamboat made 10% on each batch - which is fair as he was the organizer. |
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I highly doubt that since parts have been bought, that Steamboat can afford to give everybody refunds. There are fixed costs for this sort of thing.
So, we all took a risk, and Yifu screwed us.
And, I have over 200 chips on order in batches 1-5, so I have a lot at stake here.
The question is, how screwed are we and how can we mitigate this a bit?? Talking legal action is nice, but until you put up an additional $5k for a lawyer retainer, you're not gonna get $$ for a while. It will only cost more money, so that's out unless somebody wants to spend MORE money.
We may have to build some miners, assuming SOME chips are on their way, and try refunding the later batches. That would be the most likely and cost effective solution. I don't agree with people panicking and claiming the chips are actually worth less than their shipping cost. That's a panicked stretch of the imagination to me.
I'm sure Steamboat is working on options.
We are only asking for refunds on what we payed for chips - steamboat actually made profit on the chip sales alone (10% each batch). Steamboat you need to come forward, its been ~2 weeks and you have not said a single thing - specially after the recent posts of Yifu it is critical that you state what is on your mind. I have literally not said a single word since I placed my order 2013-06-08, patiently waiting to see how this all plays out. I am in batch #5 and I want a refund. We need to come up with an organized way on how this would work.
I welcome anyone wanting a refund to start adding themselves to the google doc below, including: amount of chips, batch number, and your official transaction id.Hopefully we can get enough users to report and get close to a full batch of chips. https://docs.google.com/spreadsheet/ccc?key=0Au277u2T6_H3dHBpYWxKRVpDMmVBVDlXaW9MNUFialE&usp=sharingit's locked. Fixed, sorry about that |
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How on Earth did this turn into such a huge clusterfuck when the solutions are so simple?
The other and better option would be to give the option of having all gen 1 chip orders count as credit towards gen 2 chips and make delivering these on time a priority. This shows good faith on the company's behalf and not only restores the companies reputation but enhances it.
I dont think anyone wants to continue business with Yifu..... |
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I highly doubt that since parts have been bought, that Steamboat can afford to give everybody refunds. There are fixed costs for this sort of thing.
So, we all took a risk, and Yifu screwed us.
And, I have over 200 chips on order in batches 1-5, so I have a lot at stake here.
The question is, how screwed are we and how can we mitigate this a bit?? Talking legal action is nice, but until you put up an additional $5k for a lawyer retainer, you're not gonna get $$ for a while. It will only cost more money, so that's out unless somebody wants to spend MORE money.
We may have to build some miners, assuming SOME chips are on their way, and try refunding the later batches. That would be the most likely and cost effective solution. I don't agree with people panicking and claiming the chips are actually worth less than their shipping cost. That's a panicked stretch of the imagination to me.
I'm sure Steamboat is working on options.
We are only asking for refunds on what we payed for chips - steamboat actually made profit on the chip sales alone (10% each batch). Steamboat you need to come forward, its been ~2 weeks and you have not said a single thing - specially after the recent posts of Yifu it is critical that you state what is on your mind. I have literally not said a single word since I placed my order 2013-06-08, patiently waiting to see how this all plays out. I am in batch #5 and I want a refund. We need to come up with an organized way on how this would work. I welcome anyone wanting a refund to start adding themselves to the google doc below, including: amount of chips, batch number, and your official transaction id.Hopefully we can get enough users to report and get close to a full batch of chips. https://docs.google.com/spreadsheet/ccc?key=0Au277u2T6_H3dGRjZkllM3R5cTdVXzZpd0h2Sm5Ub3c#gid=0 |
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Update: EndgameWith ASICMINER today announcing blades for as low as 3.5BTC, it appeared that Avalon chips that do not mine today are not going to break even any more. While those blades went already out of stock after some hours, the new price for mining rig is officially set. Essentially this means that if Avalon does not ship the remaining chips fully within the next two weeks, they become worth less than their shipping costs. Driven by this event, today I was flooded with refund requests that built up a queue of ~2000 chips. I do not expect any takers for this and it is realistic to assume that there will be no further refunds. I am sad to admit that I do not believe in a fast and complete delivery of the remaining batches. This stopped to be a game the moment this group-buy alone funneled $500k to Avalon. Although we have only a small set of 'no BS rules', we still have a written commitment to deliver in time as part of the ToS. With so many community members taking a loss directly or indirectly through Avalon failing to meet their schedule, we (together with other customers) need to consider taking serious actions to end this tragedy. At this stage our options are as follows: - A. sit and wait
That was my tactics so far, assuming that civilized and respectful behavior will ensure to get our chips as fast as possible. This in fact might have been the reason why so far our group-buy got more chips than others, at the same time with a delivery of one batch per month our last will arrive mid 2014 - ready for re-direction to the Bitcoin museum  - B. demand full refund
The majority would be fine with getting their invested coins back and let this chapter pass into oblivion. According to Avolon's ToS, there will be no refunds. But if they really care about Bitcoin and its community and realize how much harm they caused to so many of us, they might consider playing fair and send us the coins back. This implies that you do not want your chips any more. - C. negotiate for compensation
While refunding all orders might exceed Avalon's capabilities, they might prefer offering a compensation in form of free chips or free upgrades to next-gen ones. This implies you would like continue dealing with Avalon. - D. legal action
Leave the polite arena and sue them into ground; make an example of them and put an end to the pre-order madness in Bitcoinland. This implies you are willing to throw more good money after the bad - for a very limited expectation. Your money would feed some poor lawyers and Avalon if needed will declare bankruptcy (they said they do not control the collected funds any more).
I personally will approach Avalon with options B and C for now and consider combining forces with other group-buy organizers for D if we do not hear back within a reasonable time-frame. If you have a different opinion you'd like to share, please do so either here or via PM. Hey STEAMBOAT, take an example to this guy. Ffs. I suggest you get in contact with him ASAP, to rally for option D. Nobody wants these chips anymore. Sit-and-wait time is over steamboat. The chips have become worthless before they were even shipped. Time to take some action. Get off your ass. Yes, I have my pitchforks god damn ready this time, to whomever is taking the profits on this botched deal nobody else is profiting from.+ ∞^∞ |
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It's not letting me search for addresses...  |
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*snipped arrogance*  *snipped arrogance*  +1 |
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Did you sign up for Columbia house 12 CD for just 1 Satohi and then never buy the selection of the month at over inflated prices?
Did you remove the "do not remove under penalty of law" tag from your mattress when no-one was looking?
Do you sometimes go down the stairs two at a time when you are late for a meeting throwing caution to the wind like a rodeo daredevil?
Have you ever attempted to divide by zero? Was it intentional?
Have you ever operated electronics beyond their responsibly rated frequency (something the cool kids may call "overclocking")?
Have you ever employed a cheat code to get past a part of a video game where you keep dying?
Do you ever click the "I'm feeling lucky" button when using google?
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