For those that participated in the adventures yesterday trying to get into the Avalon batch #2 preorder, there were all kinds of fun things that happened. I consulted with an attorney yesterday about bring a class action about the matter. After much discussion, although Avalon had screw ups on their part, a suit against them isn't as easy or would be something the attorney would be very interested in. However, the details surrounding WalletBit's duties and breeches, along with potential losses from users is much more real and something the attorney would consider taking on contingency depending on the size of the class.
So, not as an offer of legal advice or promise of representation, how many people are there that made it through the shopping cart, to WalletBit and ended up paying a small amount? The attorney likes the fact that Avalon push a valid token to WalletBit for the correct USD, and WalletBit showed a small amount, usually just a couple of USD to pay. They have now said that instead of honoring those payments or requesting the rest of the dollar amount that they are instead only refunding those amounts.
The goal as part of the class action would be, A, you made a payment of a smaller amount to get in on the preorder. And B, because of the refund, you then fail on round 2 part 2 to get into Avalon's batch 2. The damages against WalletBit would be for loss mining revenue due to increased difficulty by getting a later order. Although difficult to calculate, attorney's always seem to come up with a number.
The potentially also as part of the suit, would be those that made it to WalletBit, and did not send an incorrect low USD value of BTC because it was obviously wrong. These cases would be harder to prove and things like screenshots may be helpful in being included in the class.
The attorney would like to see a class size of at least 1,000 people. Maybe that is a realistic number, maybe not. If you would post that you're interested or send me a private message let's just see where we are at. Obviously everyone that tried won't post or private message but we will be able to subpoena their records to get the full client transactions but I'm not entirely sure if those include name and addresses on WalletBit's side or not. The way that Bitcoin works will surely make this interesting.
The other thing is if the class size is only around 500 and those 500 people all are able to get into batch #2 still, they wouldn't be part of the class.
I'm sad how things happened, and have ignored ASIC's as much as I could until I saw that Jeff had one in his hands. Now I've got mining fever again!
There are so many things wrong with what you have written and what you are trying to do it is hard to know where to start.
1) You seem to want something more then a just refund of incorrect transactions. This is the biggest fault right here.
2) You could not get 1000 people.
3) You have not given WalletBit any time to make things right and are already talking lawsuit. Welcome to America.
4) Good luck considering that one of the parties is overseas (Avalon) and like it or not they are involved.
It seems like you are looking for some kind of undeserved payday.
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