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1  Bitcoin / Hardware / Re: Official BITMINE CoinCraft series 28nm ASIC miners thread on: October 30, 2014, 03:43:38 AM
Hi to all,
Despite I have been reading for technical info about miners from 2 years ago, I am newbie on the forum, only 1 post (as sad as this one that I am writing).

I do not like to argue stupidly with people, is that why I try avoiding to talk in forum too much.

I am affected for Bitmine lack of ethics, I placed my order in November 13, and I have been suffering (as others) all this process full of lies and time-waisters.

They offered in August to change with that shit of cloud mining contract (you know).

I suggested them that the compensation they were trying to offer was not filling the easy to calculate losses for their mistakes. Then I asked for an amount of TH/s that would fill this expected earnings (being optimistic). They counter offer less than the half of that amount. I have lost 3 months trying to negotiate with them. But is like always, like everything they do, they win I loose.

So, I respect if someone wants to say they are nice or not, I really doubt that if someone was fine with them would be loosing their time here, trying to explain with half of infos that they had success.

My point is that if you owe lots of money to your customers and you say that you can not pay it because they have no money...where came the money to buy some place in Island to build their "chicken farm"?  they told me, and I am quoting that guy at the phone that thinks he is funny called Keerim "Hey, look, we don't fabric money, we are not a bank..."  I assumed they were not a bank, so like others, I am the bank. I wasn't pretending they were a Bank, just that they would accomplish what they promised (at least once).

So in May they put me on 2nd week of October to get my refund after some arguing. Let's say that we all know that business sometimes, try to exhaust customers to survive and get their money, at least is my opinion.

I have contacted some lawyers, from there (too expensive for the process) and from my country, my lawyer advise was to wait until second week of October to see what happens in order to avoid making noise, cause I am peaceful guy and I do not like to make noise for nothing, but if I have to do it I will put everything on that.

I consider that they had too much opportunities to show their cards and make us think that they were just mental retarded, but at this point I can assume they voluntary do this. There is no hidden force that doesn't permit them to pay refunds.

I have been taking a look at some possibilities since May. I will try to make my best.

If you want to put a claim at interpol, just put a claim at your country first, interpol uses to act when there are claims from some countries...or that is what I think. And that is what I am going to do tomorrow.

What is important to me is that if I can't get my entirely refund, I prefer to invest my money against them, some told me that going to the court would made me loose money, that's ok, at least I will make them loose credibility......I am not going to surrender.

Hope everyone that is affected as me, will have a happy end to this process.


About what I read that customers are investors on Bitmine:
  • Lol
  • I got no more time for this

Well, I advise that I do not like to reply to everything is said or that quotes me or whatever, so do not expect me talking everyday, only when I have something to share with you...

Have a nice day.


I all,

I want to share my experience.
I made a complaint through CYCO in
http://www.cybercrime.admin.ch/kobik/en/home.html
They responded as follows:

Dear Mr. yyyyy,
 
These last months, CYCO has received a significant number of claims regarding the website bitmine.ch owned by the company Bitmine AG. It seems that the company is experiencing troubles to delivering their customers’ orders and promises reimbursements. After some research, it appears that many other clients complained about the same problem in discussion forums over the Internet. CYCO has already reported this case to the police and public prosecutor of canton of Ticino.
 
In principle, under Swiss law, a delay in delivery does not necessarily constitute a criminal behavior of the seller. A purchase on the Internet creates primarily a contractual relationship (object against the sale price). If delivery is not made, the Swiss contract law gives buyers different ways to act. They can especially give the seller more time and if it still does not execute the delivery, they can cancel the contract. There is fraud (art. 146 of the Swiss criminal code), and thus a criminal behavior, when the seller has the view to securing an unlawful gain for himself or another willfully induces an erroneous belief in another person by false pretences and thus causes that person to act to the prejudice of his or another’s financial interests. In certain circumstances, courts require a prior verification of the real intention of the seller.
 
Therefore:
 
- in any case, you can act through the civil process, but most of the time it will need a lawyer due to the difficulties of the civil procedure (applicable law? Competent jurisdiction?);
 
- if the conditions of fraud are fulfilled according to Swiss law (art. 146 CP), you have the possibility to file a complaint to the public prosecutor of canton of Ticino (Ministero Pubblico, via Pretorio 16, 6900 Lugano). You will have to give all available information’s and clearly explain the case (name, address, facts, documents, etc.);
 
- You may have also the possibility to contact the competent authorities of your country to file a complaint in your country.

Resuming I think the best way is participate the case demonstrating that was a fraud and not a delay to:

- To your country authorities and interpol.
- And the most important, complaint to the public prosecutor of canton of Ticino (Ministero Pubblico, via Pretorio 16, 6900 Lugano).

We have to do that very well because Giorgio Massarotto is coming here reading and posting on the forum with another username and is well prepared to continue scammed us.

You guys do not give up or never will see your money back.


Thank you for sharing , please keep us updated!!
2  Bitcoin / Hardware / Re: Official BITMINE CoinCraft series 28nm ASIC miners thread on: October 25, 2014, 09:30:01 PM
I made my order, as BTC value was almost the highest.
Thus, I need far less coins back (for ROI) as someone who has bought at low value.
At the end everyone needs to know himself, which way is the best for him.

So care to post how much BTC you invested and what Cloud Mining deal you got to recover those BTC? Care to post the bitcoin address where the payments are going into so we can check?
I do not know what it concerns you, how high was my investment?
And how the deal was exactly, only matter between me and Bitmine!

Sorry man,, but if you made your order in BTC and are calculating your ROI based on how many BTC's you get back, then we have been speaking 2 different languages here.

I am happy for you that you consider the BTC count as your investment and not the value of your BTC's at the time vs today,,, in that case, you may have made the right choice for you.

On other hand, other people (myself included) paid in wire transfers, and to incur a loss greater then legal fees is unacceptable. Thanks for sharing your experience, but obviously it is particular to your case and does not apply to many of us.

3  Bitcoin / Hardware / Re: BitmineRefund.com refund listing for Bitmine orders on: October 25, 2014, 05:26:16 AM
I also submitted my order confirmation by email and it's still in the "unconfirmed portion" 426* .. am I missing anything?

These guys do not pay, have carried out one of the biggest scams to me owe me about 5000 €.

I think I'm going to sue, and I do not think we get anything with this type of people who do not even have kindly reply to emails.

I know that,,

But I am referring to my order appearing in the confirmed section of bitminerefund.com ... I followed the instructions and still won't appear on the page

Does any one know if bitminerefund.com is still actively managed?


I think that the site owner is not that interested in keeping up the list anymore when Bitmine is not refunding

That's too bad ,,, seemed to be the only person that cared enough to bring us all together and make an impact

Maybe he got his refund and stopped caring!
4  Bitcoin / Hardware / Re: Official BITMINE CoinCraft series 28nm ASIC miners thread on: October 24, 2014, 11:20:16 PM
@crocko
Ok, I will reply once again ;-)

Double face?
I do not see your point.

I don't know how you do business.
I'm not do business for only achieve ROI.
When I invest, I will double my coins, triple.

If the miners were delivered in January, I would have this case, with the contract I only have a small profit.
And I'm not happy with it.

But as I said ... I wish you good luck on your way.
So, that's it really now.

Best Regards
Tinu

How much did they owe you and how many THS did they allocate to you ?

I am surprised that you are close to ROI ,,, I refused their deal because I would have been too far from ROI based on timing and hashing power offered.

I tried to ask for more, but they refused....

Also, how do you know they "have nothing" ? did you try to sue and was told this? or is this what they said?
5  Bitcoin / Hardware / Re: BitmineRefund.com refund listing for Bitmine orders on: October 24, 2014, 11:13:17 PM
anyone got their refund
I am waiting since may....
they promised to make refund on 2nd week October 2014.....

no, they were spending my money buying some piece of land in Iceland for their cloud business... and that Keerim that is on the phone, laughing at the customer misfortune....always saying that he is only a worker.....but he is being payed for that, like a poor dog without self-respect.

So you can try to imagine for a moment, that you have born only pass through the history as a doubtful developer, but certainly scammer, not the best one of course, they only dare with the little ones.....and by email......

I am starting to think that I prefer loosing my money with some lawyer if that makes easier to people to realize how they are.

Good Luck to everybody.



depends on how much money they owe you and how much you would loose by using their cloud hashing service... (vs the legal costs)
6  Economy / Scam Accusations / Re: Unofficial BITMINE CoinCraft series 28nm ASIC miners thread on: October 22, 2014, 03:23:40 AM
I contacted the Swiss ambassador to my country and made ​​a written statement on the criminal activities of Bitmine AG. I'm already sure that I lost my money. The behavior of these people is typical behavior of scammers. My request to the Ambassador was to cause judicial authorities and tax authorities in Switzerland to investigate Bitmine  AG. I refuse to accept that these people will get away with our money hidden behind the Swiss jurisdiction.

What country do you live in? I'll do the same from Canada ... Do you have a letter content/format to share?

I am also Canadian, last night after reading kapanec's post I decided to send an email to the Swiss consulate here in Toronto and to the Canadian Embassy in Switzerland.

I received a reply from a very nice women at the Canadian Embassy who informed me she had called Bitmine AG and talked to them.   She indicated Bitmine would contact me soon to resolve the issue.  She also said that if they did not respond she would call daily to try and get this resolved.

I'm not going to give out her contact information but if you would like to do as I did I will provide you with the email address for our embassy there which I used and was really easy to find.

I have not heard back from the Swiss consulate here in Toronto yet.

Thanks, I appreciate... please send me the info, I'll contact them as well! hopefully the same person will receive the email and can consolidate efforts



Here is the email address I sent to: bern@international.gc.ca

I did receive an email from Bitmine today (see below, redacted), nothing has changed, they're broke, same old BS wait till we're good and ready.  They mention again hashing for the value of my order which I asked how long till it was activated and how long was the contract (at this point a small portion of my coins back via mining is better than nothing which is what I expect in terms of waiting for a refund).  Crickets again, I won't be surprised if I never hear from them again.

I am actually willing to work with them to resolve the issue, I will take a major loss by converting to cloud hashing but FFS every day they delay answering me cost me more and more lost coins dust.

   
Kerim (Bitmine AG)
Oct 20 15:11

Dear Mr. XXXXXXXX,

as request from the rappresentative from the canadian embassy I write you about your refund request and bitmine's current financial situation. As you may know we are running a datacenter in Iceland where currently most of the hashing power has been given to customers in your same situation who converted the amount we owe them into cloud hashing. This is a possibility that you may also use (current rate is 1gh/1$) . As we are sending more mining units more and more hashing power will be mined for bitmine itself which will let us make some income and finally process the last refunds. We understand your frustation as you were waiting for months for the mining unit, and now for the refund and we are really sorry not to be able to hold up to the trust you put into bitmine. But I want you be aware that we are making everything possible not to have to shut down bitmine, process all the refunds and return to a profitable position on the market. I really would like to give you a date when your refund will be processed, but as you should know, bitmine income mostly depends on bitcoin and difficulty value. You may contact us anytime and we will do the possible to keep you informed about the company's situation and as soon as we are able to tell you a date when the refund will be process, we will let you know.

Best regards,

Bitmine AG, Bitmine.ch 



Yeah,, same story I have been hearing from Kerim and I feel bad for him having to repeat the same story.. but the question here is:

What can the Swiss legal system do for us?
Are there any consumer protection laws that we can depend on?
Should we pursue bitmine for criminal practices and false advertising?
Can we force them into bankruptcy and collect their assets value?

I did not take the cloud hashing deal for my own reasons ... with the amount I am in for, and the total dollars I would loose from buying into their proposed solution ... I would rather sue and pay legal fees (would amount to less) or force them into bankruptcy + file a criminal lawsuit.

The only risk any of us agreed to take is in the value of bitcoin for which we would have accepted a bad outcome,,,,, but a company making a false promise regarding it's offering is a different story .. this is their risk, not ours and they should have been secured against it. (not to mention they had magic money to suddenly build their Iceland facility)

if the bank believes in their business model, then they can lend them enough money to pay us back and take a share of their business .. but we are not lenders lending our money for a 10% yearly return. (if any return at all)

I am working to inform myself on all the above points and will update everyone once I have more info.. if any one has expriences, trials and advise to share.. please don't hesitate to send me a message. it will be much needed and much appreciated.






7  Bitcoin / Hardware / Re: BitmineRefund.com refund listing for Bitmine orders on: October 20, 2014, 10:14:54 PM
I also submitted my order confirmation by email and it's still in the "unconfirmed portion" 426* .. am I missing anything?

These guys do not pay, have carried out one of the biggest scams to me owe me about 5000 €.

I think I'm going to sue, and I do not think we get anything with this type of people who do not even have kindly reply to emails.

I know that,,

But I am referring to my order appearing in the confirmed section of bitminerefund.com ... I followed the instructions and still won't appear on the page

Does any one know if bitminerefund.com is still actively managed?
8  Economy / Scam Accusations / Re: Unofficial BITMINE CoinCraft series 28nm ASIC miners thread on: October 20, 2014, 09:01:47 PM
I contacted the Swiss ambassador to my country and made ​​a written statement on the criminal activities of Bitmine AG. I'm already sure that I lost my money. The behavior of these people is typical behavior of scammers. My request to the Ambassador was to cause judicial authorities and tax authorities in Switzerland to investigate Bitmine  AG. I refuse to accept that these people will get away with our money hidden behind the Swiss jurisdiction.

What country do you live in? I'll do the same from Canada ... Do you have a letter content/format to share?

I am also Canadian, last night after reading kapanec's post I decided to send an email to the Swiss consulate here in Toronto and to the Canadian Embassy in Switzerland.

I received a reply from a very nice women at the Canadian Embassy who informed me she had called Bitmine AG and talked to them.   She indicated Bitmine would contact me soon to resolve the issue.  She also said that if they did not respond she would call daily to try and get this resolved.

I'm not going to give out her contact information but if you would like to do as I did I will provide you with the email address for our embassy there which I used and was really easy to find.

I have not heard back from the Swiss consulate here in Toronto yet.

Thanks, I appreciate... please send me the info, I'll contact them as well! hopefully the same person will receive the email and can consolidate efforts

9  Economy / Scam Accusations / Re: Unofficial BITMINE CoinCraft series 28nm ASIC miners thread on: October 20, 2014, 06:21:40 AM
I contacted the Swiss ambassador to my country and made ​​a written statement on the criminal activities of Bitmine AG. I'm already sure that I lost my money. The behavior of these people is typical behavior of scammers. My request to the Ambassador was to cause judicial authorities and tax authorities in Switzerland to investigate Bitmine  AG. I refuse to accept that these people will get away with our money hidden behind the Swiss jurisdiction.

What country do you live in? I'll do the same from Canada ... Do you have a letter content/format to share?
10  Bitcoin / Hardware / Re: BitmineRefund.com refund listing for Bitmine orders on: October 17, 2014, 05:53:25 PM
I also submitted my order confirmation by email and it's still in the "unconfirmed portion" 426* .. am I missing anything?
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