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14501  Bitcoin / Hardware / Re: Off-Topic on: September 27, 2013, 01:14:34 AM
It's clear now that Terrahash are engaging in dishonest business practices.

If they were not, they would be happy to refund customers who are no longer willing to wait. We get they had Avalon issues, but this is no excuse for not refunding customers as required by the law. They continue to not only ignore refund requests (against the law), but nearly any and all communications have virtually ceased via email, phone, their own support contact system on the website, in addition they have broken nearly every single promise to date, and continue to lie to the community about who they are, what the are doing and when their own customers can see any type of resolution.

It turns out anyone can file a complaint with the FTC, not just US based customers. Terrahash could be liable for a fine of $16,000 for each violation (see https://bitcointalk.org/index.php?topic=279330.0)

File a complaint right now at https://www.ftccomplaintassistant.gov/ - Many people already have filed complaints over the last few days and weeks.

The FTC uses statistical analysis to detect fraud and helps them decide who to devote time prosecuting. Let's pull out the big guns. This will either turn Terrahash into an honest company and provide remedy to their customers, or make them face the consequences. We need complaints in numbers, so if you have been ripped off or treated badly, we need you.

Terrahash are sullying the reputation of Bitcoin. We must all stick together and help clean this mess up. Report your dissatisfaction to the the US Federal Trade Commission today at https://www.ftccomplaintassistant.gov/ and help the entire bitcoin community.

It is a Inc.  with deciding to close it chances are Amir could care less on fines.  TH is its own legal entity assuming set up right. 

They can owe millions in fines.... but if corporation is closed you cant get money out of something dried out.  There will no doubt be some money left and will be separated by creditors and those who sue. 

But at end of day Amir is sitting back still getting paid a salary chances are right now.

Knight where are you!!!! The one of few people to meet Amir.  And also who somehow managed to see Amir to log into one account and see 40k chip orders.... yet 20k just went poof!  I still (and this is my personal opinion) wonder if he something with TH.  We do know he had a special deal to pick up boards he talked about..... was there anything else?  Who knows.

You may be incorrect on your assumptions or previous knowledge,
http://www.law360.com/articles/398949/ftc-says-telemarketer-s-ch-11-is-sham-to-avoid-113m-fine

Quote
Law360, New York (December 05, 2012, 9:39 PM ET) -- The Federal Trade Commission on Tuesday urged a federal court to dismiss a get-rich-quick real estate business owner's Chapter 11 case, agreeing with a U.S. trustee that the California man filed in bad faith to avoid paying the agency $113 million in fines.

I will try and find the full article.

TH will go away completely its like 1.5kish or less depending to dissolve a Inc.   They are not declaring chapter 11..... the company will go poof!  So sadly unless Amir set up Inc. wrong or broke some mingling of personal and business assets he will most likely never feel any hurt from it.
14502  Bitcoin / Hardware / Re: Off-Topic on: September 27, 2013, 01:12:02 AM
First off, if his lawyer did tell him to delete them, it means your not only screwing him over for posting them on pastebin but screwing EVERYONE ELSE over who is going into the lawsuit with him.

If I am correct, you got your refund? Help us get ours, or get out of the thread. Your annoying. Your not helping but only arguing. Just let it go and help the rest for fuck sakes.

First off, yes I have a big beef with Bargraphics, I'll be the first to admit it   Shocked. I've called him out for cheerleeding since day one, brushed off his constant attacks, and I gave him an opportunity to let things blow over by simply coming here and apologizing for the crap he spewed. He couldn't be a man, and instead runs and hides.

I have no beef with anyone else here (not even Knight), and want nothing more than to see everyone get their refund. I know you're desperate, and I don't blame you at all for reaching out to Bar to hold on to hope of getting your money back. The bottom line is he's a clueless, arrogant, megalomaniac that isn't going to do a damn thing for you.

I apologize for any impact that you think I might have on your chances of getting money back, but I can assure you, I will not let up on Bar. Maybe he can be a man and admit his mistakes, and then we can be done?

We both know that won't happen. So, the archives of this thread live on. He's proven he's a pathetic shill.

It is very sad but i think you will have best luck on your own if you do sue (and doing it in timely manner is key at this point).   And make SURE to try PayPal, CreditCard, and Bank depending on what you paid with.  If you get turned down try calling back.... getting a manager. Different person can change everything also be nice to person on other end, if your nice better chance of getting something out of them. 

Bar convinced people not to get refunds... I'm sorry for the ones who listened.  And sorry for his buddy Knight who went silent aswell.
14503  Bitcoin / Hardware / Re: Off-Topic on: September 26, 2013, 10:06:04 PM
It's clear now that Terrahash are engaging in dishonest business practices.

If they were not, they would be happy to refund customers who are no longer willing to wait. We get they had Avalon issues, but this is no excuse for not refunding customers as required by the law. They continue to not only ignore refund requests (against the law), but nearly any and all communications have virtually ceased via email, phone, their own support contact system on the website, in addition they have broken nearly every single promise to date, and continue to lie to the community about who they are, what the are doing and when their own customers can see any type of resolution.

It turns out anyone can file a complaint with the FTC, not just US based customers. Terrahash could be liable for a fine of $16,000 for each violation (see https://bitcointalk.org/index.php?topic=279330.0)

File a complaint right now at https://www.ftccomplaintassistant.gov/ - Many people already have filed complaints over the last few days and weeks.

The FTC uses statistical analysis to detect fraud and helps them decide who to devote time prosecuting. Let's pull out the big guns. This will either turn Terrahash into an honest company and provide remedy to their customers, or make them face the consequences. We need complaints in numbers, so if you have been ripped off or treated badly, we need you.

Terrahash are sullying the reputation of Bitcoin. We must all stick together and help clean this mess up. Report your dissatisfaction to the the US Federal Trade Commission today at https://www.ftccomplaintassistant.gov/ and help the entire bitcoin community.

It is a Inc.  with deciding to close it chances are Amir could care less on fines.  TH is its own legal entity assuming set up right. 

They can owe millions in fines.... but if corporation is closed you cant get money out of something dried out.  There will no doubt be some money left and will be separated by creditors and those who sue. 

But at end of day Amir is sitting back still getting paid a salary chances are right now.

Knight where are you!!!! The one of few people to meet Amir.  And also who somehow managed to see Amir to log into one account and see 40k chip orders.... yet 20k just went poof!  I still (and this is my personal opinion) wonder if he something with TH.  We do know he had a special deal to pick up boards he talked about..... was there anything else?  Who knows.
14504  Bitcoin / Hardware / Re: Off-Topic on: September 26, 2013, 05:40:10 PM
Oh look, he actually did go back and delete them, but I have them logged now. What a pansy, needs to hide how wrong he was. Man up Bar.

I was just going to post this, he had over 1000 posts as of yesterday! I guess his lawyer told him to delete all of those cheerleading posts!

He still never answered if hes paying by the hour to lawyer... or if lawyer takes out of end.

Also i cant imagine any lawyer not telling you to not post on this board and let him look at it before any case.
14505  Bitcoin / Hardware / Re: Off-Topic on: September 26, 2013, 05:35:25 PM
LOL at delete.  Call us all trolls for months and then go back and delete posts.  Also don't make everyone think breaking down walls of Inc. will be easy in lawsuit.  Does not matter if closed properly or not they have been taking salaries away whole time.  Lots of money will never be seen again most likely.  

Also does anyone really believe they will give 50 percent back even?  Sad thing is chances are Amir is still getting salary as we speak.

And where are you Knight!!!! We need you to verify things for us!!!  Roll Eyes
14506  Bitcoin / Hardware / Re: Off-Topic on: September 26, 2013, 05:17:15 PM
I got a refund from Paypal yesterday!!
I just emailed them explaining the situation and put in a load of screenshots from this thread, of some of their broken promises!

I might still have the email address of someone in the complaints department if any wants it to send a direct email??



Congrats,
Please share with the rest of the class.

Def congratz man.  Happy to see still a chance.  Hope to see more get some good luck.
14507  Bitcoin / Hardware / Re: Off-Topic on: September 26, 2013, 02:42:21 PM

They have had one board shown to hash at low speeds at HW errors.  They will not mine their way out of debt. 

TH as a company is dissolving ..... this means no more.  The mess cannot be cleaned up at this point.   PayPal can sue them, but they wont get near what TH owes them.  With banks, paypal, and credit cards all wanting money from TH chances are there is a good amount they just didnt pay.

Every salary, expense, or anything else they spent will NEVER be seen again.  Some will feed you lines like you can get Amirs assets and get it.... but in real world TH turned out to be shady company but with protection of INC, the owners still made salary and you will never see a lot again.

It's pointless to speculate.  I suspect that the coins spent on Yifu's chips will not be seen again.  Refunded or not to Amir.  He's just in too deep to actually take it on the chin with big name players.  His intentions might be to provide partial refunds... but the customers are the little people here.  And any recovery of funds will be a 60/40 split or worse with lawyers.   so at best, many will be spending good money after bad.

PayPal doesn't care about his corporation.  PayPal is huge, they can go after his personal assets if they can prove malicious intent.  Even then, who knows what will be recovered.  That shouldn't be too hard here.  They should be quick to put a lien on his assets before he liquidates real estate, etc.

Overall, this is pretty shitty all around.  Yifu and his greedy Chinese friends really shit all over bitcoin.

PayPal is not above the law.  No matter how huge if his Inc was set up right they cant go after personal assets. I hope for you guys Amir mixed his assets with TH assets so you do get his cash to.   And good luck proving malicious intent from stupid business practices.  Unless you have some internal memo or something intent is not easy not something easy.

Again you can sue for anything..... winning AND getting money is different things.
14508  Bitcoin / Hardware / Re: Off-Topic on: September 26, 2013, 05:05:55 AM
Some events happened last week, that have forced us to make a decision to go out of business. A lot of issues compounded to press us to do this. The failure of the Klondike project was one. Chase, our bank, shut down our accounts. Also the delay in the shipment of the chips has resulted in a lot of customers asking for refund. We already owe a lot of money to PayPal, and with all the refund requests, it is impossible for us to continue our operation profitably. So we have decided to dissolve the company.

We are going to ask for a refund from Yifu. As soon as we get a refund from him, we will start refunding all the orders. We will be able to refund about 50% of every order with this amount. We are trying to get our money out of Chase, which will help us refund another ~5% of each order. We are trying to return as many components as we can, and as soon as we get more money back, we will send additional pro-rated payments to each order.

Once we get a refund from Yifu, we will be sending an email to everyone asking for a current Bitcoin address where to send the payments.


So out of all the money you received, you blew through over half of it AFTER Yifu refunds the chip orders?

By rough estimates, you blew through $300,000 to $500,000.  Only offering a 55 percent refund on orders is lame.  

I can't imagine.  Well, I can.  Were you doing blow and buying Herman Miller chairs for the office or what?  How much skin do you have in the game here?


Well you know how it is, new company cars, trips to see venders and suppliers in other countrys, company picnics, (a few home repairs, new garage, remodels etc) just usual and customary business expenses. Oh and Im sure plenty of new highend high powered hashing gear, maybe 20-30 terrahashes worth, from cointerra, KNCminer paid for with untraceable currency, a/k/a (your pre order BTC funds) for their own personal use after the fact. Ya, running a small business can be brutal sometimes for the owners Smiley

I'll lay odds they took delivery of the chips and are rationalizing that they're going to mine their way out of debt.

I'll also lay odds that we'll hear even fewer and fewer updates from TerraHash as time moves on and this whole thing will just quietly disappear into the conversational background murmur of this forum.

Some have more skin in the game than others.  My sincerest regret to all those who, like myself, believed.  It is still possible to PayPal reverse.  If you need help with that, PM me.  I (and I'm sure others) can save you hours on the phone with 3rd world countries.  I suspect that this is the "PayPal debt" that Amir mentioned in his post.  I would have thought they would have frozen partial funds of Amir's account rather than let him empty it.  But at any rate, I'm sure PayPal's legal department will clean up this mess with Amir in the coming months/years.

They have had one board shown to hash at low speeds at HW errors.  They will not mine their way out of debt. 

TH as a company is dissolving ..... this means no more.  The mess cannot be cleaned up at this point.   PayPal can sue them, but they wont get near what TH owes them.  With banks, paypal, and credit cards all wanting money from TH chances are there is a good amount they just didnt pay.

Every salary, expense, or anything else they spent will NEVER be seen again.  Some will feed you lines like you can get Amirs assets and get it.... but in real world TH turned out to be shady company but with protection of INC, the owners still made salary and you will never see a lot again.
14509  Bitcoin / Hardware / Re: Off-Topic on: September 26, 2013, 05:00:25 AM
I was never once wrong, game set match.

This is who you are deciding to lead you into a lawsuit... I wish you all the best of luck.

btceic i want to give you a big thumbs up.  You used reason and stuck up for logic.  You took a harder bashing then me on what they called trolling, or what is now called the truth.

I still want to share this day with knight!  Knight can you please confirm when they are refunding 50 percent?  Also how much they spent?  You vouching will mean the world....  Roll Eyes

With it being a Inc, any lawyer who does not charge hourly after researching this chances are will tell you to cut your losses unless you spent a rediclous amount of money.  They will NEVER be able to give 100 percent back, i still am willing to be Amir pulled in a nice salary.  So say you win take out lawyer fees, you and everyone else suing is fighting for a limited amount of cash.  You can will all your money in court against TH.... but if you win just example 100 dollars but they have 20 dollars to their name you will never get the rest.

The ones who kept saying stick in with TH they are working on it.  Believing their word without any proof should be ashamed if you made anyone wait past 45 days on paypal.  And caused even a few to lose cash.
14510  Bitcoin / Hardware / Re: Off-Topic on: September 25, 2013, 08:49:53 PM
Some events happened last week, that have forced us to make a decision to go out of business. A lot of issues compounded to press us to do this. The failure of the Klondike project was one. Chase, our bank, shut down our accounts. Also the delay in the shipment of the chips has resulted in a lot of customers asking for refund. We already owe a lot of money to PayPal, and with all the refund requests, it is impossible for us to continue our operation profitably. So we have decided to dissolve the company.

We are going to ask for a refund from Yifu. As soon as we get a refund from him, we will start refunding all the orders. We will be able to refund about 50% of every order with this amount. We are trying to get our money out of Chase, which will help us refund another ~5% of each order. We are trying to return as many components as we can, and as soon as we get more money back, we will send additional pro-rated payments to each order.

Once we get a refund from Yifu, we will be sending an email to everyone asking for a current Bitcoin address where to send the payments.


Ohhhh were missing Knight to share this with.  Knight can you go and verify the 50 percent refund?   You are batting 100 at verifying. (granted we would rather the 100 percent have been right but wrong is one way to)
14511  Bitcoin / Hardware / Re: Off-Topic on: September 25, 2013, 08:47:57 PM
There is something fishy about them wanting to refund everybody 50% in BITCOIN.    Where are they going to get the bitcoin?  From YIFU?
Or have they been hashing using our miners?  Huh 

I personally would like to see this lawsuit proceed.  Mining companies like Terrahash and Butterfly are giving the whole bitcoin industry a black-eye and making BITCOIN look more like a scam.  The community needs to police this or else it will get a bad-name by association or draw in the regulators.

If anybody has a better plan than BAR to send this message, please share with the rest of the class.  Otherwise, leave him alone so he can send it.  Maybe other mining companies would get the hint.    At this point attacking BAR will do nobody any good.  So what if he was wrong.  Like I've never been wrong!  (I invested in Terrahash didn't I)  Oh yeah, right...

Just saying...

Welcome alt!

For one if they were mining, it sure was not with their products.  They never produced video of hashing k-16 with proper speeds and low hw errors, only their work they had it.  And as far as k-64 they didn't even show a board of one.  

With this LLC going into the wind .... i would be at the first of the line suing.  Waiting on Bar or anyone else is not good idea.  And depending on how much you lost you might just want to cut losses.  Lawyers are not cheap.  The problem with Bar's comments is he seems to think he will be able to get money from Amir not just TH.  Any lawyer that makes you feel so confident about being able to get to owner of a llc without a good amount of research, and getting documents from company chances are is not the best lawyer.

No one at this point has any accounting information, or salary.  Until expenses, and salary are known you wont even know what you could get from LLC.  

TH is its own legal entity after it is officially closed do you think they will care if you win or lose?   If you win full refund and lawyer fees, they still most likely will not be able to be get cash.  Winning and getting cash are again not in the same.
14512  Bitcoin / Hardware / Re: Off-Topic on: September 25, 2013, 08:22:17 PM
Some events happened last week, that have forced us to make a decision to go out of business. A lot of issues compounded to press us to do this. The failure of the Klondike project was one. Chase, our bank, shut down our accounts. Also the delay in the shipment of the chips has resulted in a lot of customers asking for refund. We already owe a lot of money to PayPal, and with all the refund requests, it is impossible for us to continue our operation profitably. So we have decided to dissolve the company.

We are going to ask for a refund from Yifu. As soon as we get a refund from him, we will start refunding all the orders. We will be able to refund about 50% of every order with this amount. We are trying to get our money out of Chase, which will help us refund another ~5% of each order. We are trying to return as many components as we can, and as soon as we get more money back, we will send additional pro-rated payments to each order.

Once we get a refund from Yifu, we will be sending an email to everyone asking for a current Bitcoin address where to send the payments.


YOU ARE ON THE HOOK FOR 100% NOT 50%.

Dont think you can scam people to accept a 50% deal for YOUR failures. Customers are not responsible for the risks you took.

Your operation cost is no way near the 50% of the estimated 800 Grand you took in is it?

I'm telling you look into Inc's.  Assuming Amir set it up right you can sue the crap out of TH and it wont effect his personal assets.  He made bank off salary, and company will be gone after closed and paying out what money is left.

If you make a case for Fraud you can bypass the Corporation. That's all I will say on this subject currently.

Best of luck to you.  But chances of being able to do fraud are not the greatest, I mean you supported them till lately even.  Is your lawyer charging by the hour by chance and not on money at end of case?  

I think a lot of people will be sad to see why LLC/INC's are used and the high level of protection they offer.  

TH lied, delayed, ran a horrible business, possibly a scam once they knew they were going down.  But proving the business was a fraud from the beginning and trying to get Amir is a hard battle.

Either way it is a race to the lawyers first money out.... we will see who gets none.  I would not even trust TH to hold up 50 percent refund at this point, how many times have they stalled before?

I'm not implying that I am making a case for Fraud, I'm simply saying that one could.

I'm just keeping hopes at what they are..... down.  I'm realistic when came to TH.  And I'm realistic about suing TH.  It is a uphill battle, esp those who paid bitcoin.  Chances are not great the suit goes to Amir's assets.  

You can sue them for just about anything...... specifically if your lawyer takes case on hourly basis and not based on money at end.  Only guaranteed winner is the lawyer.
14513  Bitcoin / Hardware / Re: Off-Topic on: September 25, 2013, 08:13:34 PM
We are trying to return as many components as we can, and as soon as we get more money back, we will send additional pro-rated payments to each order.

Make sure to take pictures of all these components you ordered to....  Roll Eyes
14514  Bitcoin / Hardware / Re: Off-Topic on: September 25, 2013, 08:08:25 PM
Some events happened last week, that have forced us to make a decision to go out of business. A lot of issues compounded to press us to do this. The failure of the Klondike project was one. Chase, our bank, shut down our accounts. Also the delay in the shipment of the chips has resulted in a lot of customers asking for refund. We already owe a lot of money to PayPal, and with all the refund requests, it is impossible for us to continue our operation profitably. So we have decided to dissolve the company.

We are going to ask for a refund from Yifu. As soon as we get a refund from him, we will start refunding all the orders. We will be able to refund about 50% of every order with this amount. We are trying to get our money out of Chase, which will help us refund another ~5% of each order. We are trying to return as many components as we can, and as soon as we get more money back, we will send additional pro-rated payments to each order.

Once we get a refund from Yifu, we will be sending an email to everyone asking for a current Bitcoin address where to send the payments.


YOU ARE ON THE HOOK FOR 100% NOT 50%.

Dont think you can scam people to accept a 50% deal for YOUR failures. Customers are not responsible for the risks you took.

Your operation cost is no way near the 50% of the estimated 800 Grand you took in is it?

I'm telling you look into Inc's.  Assuming Amir set it up right you can sue the crap out of TH and it wont effect his personal assets.  He made bank off salary, and company will be gone after closed and paying out what money is left.

If you make a case for Fraud you can bypass the Corporation. That's all I will say on this subject currently.

Best of luck to you.  But chances of being able to do fraud are not the greatest, I mean you supported them till lately even.  Is your lawyer charging by the hour by chance and not on money at end of case?  

I think a lot of people will be sad to see why LLC/INC's are used and the high level of protection they offer.  

TH lied, delayed, ran a horrible business, possibly a scam once they knew they were going down.  But proving the business was a fraud from the beginning and trying to get Amir is a hard battle.

Either way it is a race to the lawyers first money out.... we will see who gets none.  I would not even trust TH to hold up 50 percent refund at this point, how many times have they stalled before?
14515  Bitcoin / Hardware / Re: Off-Topic on: September 25, 2013, 07:53:28 PM
Some events happened last week, that have forced us to make a decision to go out of business. A lot of issues compounded to press us to do this. The failure of the Klondike project was one. Chase, our bank, shut down our accounts. Also the delay in the shipment of the chips has resulted in a lot of customers asking for refund. We already owe a lot of money to PayPal, and with all the refund requests, it is impossible for us to continue our operation profitably. So we have decided to dissolve the company.

We are going to ask for a refund from Yifu. As soon as we get a refund from him, we will start refunding all the orders. We will be able to refund about 50% of every order with this amount. We are trying to get our money out of Chase, which will help us refund another ~5% of each order. We are trying to return as many components as we can, and as soon as we get more money back, we will send additional pro-rated payments to each order.

Once we get a refund from Yifu, we will be sending an email to everyone asking for a current Bitcoin address where to send the payments.


YOU ARE ON THE HOOK FOR 100% NOT 50%.

Dont think you can scam people to accept a 50% deal for YOUR failures. Customers are not responsible for the risks you took.

Your operation cost is no way near the 50% of the estimated 800 Grand you took in is it?

I'm telling you look into Inc's.  Assuming Amir set it up right you can sue the crap out of TH and it wont effect his personal assets.  He made bank off salary, and company will be gone after closed and paying out what money is left.
14516  Bitcoin / Hardware / Re: Off-Topic on: September 25, 2013, 07:51:34 PM
Some events happened last week, that have forced us to make a decision to go out of business. A lot of issues compounded to press us to do this. The failure of the Klondike project was one. Chase, our bank, shut down our accounts. Also the delay in the shipment of the chips has resulted in a lot of customers asking for refund. We already owe a lot of money to PayPal, and with all the refund requests, it is impossible for us to continue our operation profitably. So we have decided to dissolve the company.

We are going to ask for a refund from Yifu. As soon as we get a refund from him, we will start refunding all the orders. We will be able to refund about 50% of every order with this amount. We are trying to get our money out of Chase, which will help us refund another ~5% of each order. We are trying to return as many components as we can, and as soon as we get more money back, we will send additional pro-rated payments to each order.

Once we get a refund from Yifu, we will be sending an email to everyone asking for a current Bitcoin address where to send the payments.


I told everyone how easy it was for a Inc. to go out.  Got called a troll and some gave me crap.  Amir made salary, and also other employee.  They expensed what ever they wanted.  With being a private corporation good luck seeing any of these details unless they are seen in lawsuit.

TH you cant blame everyone else!  Your bad business and lack of responses to banks, PayPal, even BBB, and customers is what made you get accounts shut down.

Show pictures of what you claim to have spent the other 45 percent on.  The 100 cases... parts... and i think one of biggest things will be salary.

On side note i would sue quickly before they do officially close business.  Saying I'm closing business, and actually filling out paperwork and paying fees are two different fees.  Anyways your chances to sue and getting near your full amount are less and less.
14517  Bitcoin / Hardware / Re: Off-Topic on: September 24, 2013, 06:25:42 PM
Just because you hire a lawyer doesn't mean you talk to him immediately.
At least in my experience dealing with them.

Very true.  Good lawyers are selective on their cases.  For what its worth sounds like Bar's gave him good advice on not including Bitcoin with money in one.  

Also it can be a slow experience.  Even if you have all the right things, and lawyer lined up it takes time.  Also i would consult with multiple lawyers if you are able to and pay the fee if they charge it for consult.  Even if you have all the paperwork done, they will contact TH... wait for reply.  I bet they dont reply.  Then depends on lawyer from there, but it will take time.

My personal opinion was when TH announced they needed 3 months to do full refunds, chances are they had 3 months of operating cash left.  Again could be wrong.  But i would be a little worried on timeframe.
14518  Bitcoin / Hardware / Re: Off-Topic on: September 24, 2013, 12:48:03 PM
One of the hardest things i would ask the lawyer about bitcoins.   Might want to see if they really want to combine bitcoin orders and other orders in one lawsuit.   I think the bitcoin one might be harder to get a judge to understand, really want to see what they think if it gets to point of lawsuit.  Money will be easier.

A lot of people are asking this question in PMs,

Basically from my understand it doesn't matter if you pay someone in gold/euro/chickens, they advertised a price (Let's use the fully populated DX-Large as an example) $10,500.

We would essentially sue them for $10,500 and not for "Bitcoins".

Obviously I would bring this issue up to the lawyer and get their opinion about it but if it comes down to trying to get BTC back from Terrahash I might not be able to have them join in the lawsuit.

This will obviously be one of the first questions once a fully established counsel is chosen so I'll let everyone know when I do.


gold/euro/chickens all have value.  I know chickens were meant as a joke but still laws on books about them.  Bitcoin is not a official currency in US, and since virtual will be interesting to see how it goes.

Are you hiring a lawyer who specializes in anything, or law firm with multiple?  What type of lawyer accepted the case?

14519  Bitcoin / Hardware / Re: Off-Topic on: September 23, 2013, 07:56:59 PM
One of the hardest things i would ask the lawyer about bitcoins.   Might want to see if they really want to combine bitcoin orders and other orders in one lawsuit.   I think the bitcoin one might be harder to get a judge to understand, really want to see what they think if it gets to point of lawsuit.  Money will be easier.
14520  Bitcoin / Hardware / Re: Off-Topic on: September 23, 2013, 05:42:27 PM
I've yet to decide if I want to put up a "donation" address for BTC, if I do this it would only be after a successful lawsuit.

I would definitely donate to the "I messed up and was cheerleading for the wrong team" fund. I sure hope you didn't get robbed of all your badges too. I will donate to the "badge fund" as well, if you'd like.

Fortunately, you're just doing this for others, as you already have your refund from your bank transfer, right?


Again, I can't imagine why you can't wrap your head around the concept that when you deal in large sums of money with a bank, they offer protection even on bank transfers (Especially if it is inside the US). There's no risk to me so again you can rest easy!

There's no convincing needed, it really isn't a big deal but you can continue to assume as you usually do.

I only discredit your posts because legitimate concern does not sound like what you write, it sounds like what Silvas writes. Please take notes for the future. Otherwise I think I just earned one more badges and a whole pack of trident layers.

As I've stated numerous times, AtomicChaos and the other trolls have no intention on helping any customers and would rather resolve a vendetta than help.

As far as wire transfers go, you can get a refund if the money is still "Floating" in the bank of who you sent it to. Your bank will call theirs and find out. If it isn't "Floating" and is in the persons account, your bank will call their bank and request for the money to be returned at this point their bank contacts them for an "Approval" to return the funds.

If no such approval is made then you will have to use legal action.


I personally have slightly more recourse with my bank but I would end up getting more money back with legal action plus maybe it will wake Terrahash up.

I "Cheerlead" for logic, reason, and a firm grasp of reality. All three of which you lack.

I'm still not sure why I feel the need to respond to your outcries, with over 20 people wanting to be involved in this lawsuit it looks like the community spoke for you.

What have you done help out customers besides tell them to get refunds that they couldn't actually get? Actions speak louder than words, again something you will learn as you eventually mature.

Us so called Trolls  many had bad experiences with Amir and TH long ago and tried to warn everyone long ago.  I knew when they were missing deadlines and Amir threatening me for using paypal to get money back, something was not right.   I did share my logic on multiple occasions.  Some agreed, some disagreed.  And honestly we need some of each side to keep things straight.  But fact is on this people supported the company far to long for what they did.  Every day you are working on putting together a lawsuit chances are Amir is pulling in salary from your money, and TH is either going to shut down or use your money to hire lawyer.

I hope us trolls helped save a few people from having to sue out of this so called Trolling.  I wish you and others the best in lawsuit Bar and hope you see every penny back.

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