Can't believe this site is still going, but thought I'd try with a few transaction id's and not surprisingly they all say Unknown Transaction id.

I'm looking to withdraw some USD from BTC-E to my Moneypolo account, I've had a look around but I can't seem to find an exact answer to this question and with the minimum withdrawal being $100 I don't have the option of sending a test withdrawal.

When withdrawing USD the BTC-E site has a textbox for a "Purse", I'm assuming this is the long account number with a few decimal places you see when you login to the MoneyPolo site, but I just want to check this isn't your email address like when withdrawing to OKPAY.

Has anyone used this and can give some guidance?

Thanks

I thought I would post an update as I think it is relevant to a lot of people here. I won my court case against Alpha, and had then also won a judgement against them forcing them to pay (I assumed the chance of them paying was actually 100%).

My claim was for 30% of the smaller Viper, which was £405. Out of the blue on Friday I had an email saying I had been refunded in full including the court fees, again slightly skeptical as it said it would take upto 5 working days.

Today, boom there is my full refund in my bank account including court fees!

Some reason I think they might have paid:

1) It was only £405
2) I focused my entire court claim on power usage and how it was now 6 times more, nothing about delivery dates as technically the TOS did mention end of Q3 (although this is obviously going to be missed)
3) I live 10 miles from Manchester, so if they did challenge my court case I would have been more than willing to go to the local court in Manchester (smalls claims are handled near to the defendant)

To be honest I've taken my refund and bought more shares in LTCGear, no more of this preorder rubbish these are paying out already LTC mined on SCRYPT ASICs

You're correct, I won in small claims but haven't received anything yet

Think I might have been lucky, they didn't respond in the 14 days so I requested a default judgement against them which was awarded 2 days later. In the end I didn't have to use any of the TOS stuff, missed deadlines etc.

As for residential addresses, with this being a Limited Company you cant send bailiffs there as my CCJ is against the company not the directors and they won't be able to do anything. What would be great to find is if they have a warehouse / alternative address where they hold any PC equipment /  stock etc as that is part of the company and would be liable for seizure.

I've won my claim against these guys, the court has now granted my judgement.

It cost's £70 to get the court to enforce this judgement, which will involve them sending bailiffs to the head office. Seeing as how that office has already been reported to be empty, is there any other address anyone knows of I can send the bailiffs to seize goods?

Did you get assigned to north Hampton county court to challenge this then? As this is a Manchester company I assumed they would be held at a court somewhere within Manchester

This is a genius point, it doesn't actually say there is no refund after 6 months. Just has that horrible £70 handling fee!

I didn't order as business customer, I ordered it for myself as an individual so maybe distance selling regulations are the way to go.

Has anyone taken these to the UK small claims court yet?

I bought a 5MHs (now 50MHs) in the second round of orders at end of March so I'm still within the 5 month refund window, however they are only offering a refund 50% - £70.

Although these are obviously trying to pull a fast one here, I'm trying to identify the exact terms they have broken. The only thing I have found that I think would be arguable in a court, is in the original terms they said miners would ship 8 - 10 weeks after the request for final payment. This request happened on May 22nd however they haven't shipped yet.

The other possible argument is around the required power for the miner. The original 5MHs was going to draw <= 70W looking here http://web.archive.org/web/20140212231631/https://alpha-t.net/product/scrypt-asic-miner. However, with the upgrade to now be 50MHs the power requirements have shot up to <= 375W which I think is another possible point to argue for a full refund on?

I paid by Bank Transfer as this was the only option in the March batch of sales, so no CC claim for me!

I'm part of another group buy for these Neptunes https://bitcointalk.org/index.php?topic=347845.180, and they switched to having the refund from KNC in BTC instead of $.

The refund came back in the equivalent $ to BTC exchange rate on the day of the refund, not the amount of BTC that was paid originally. If this is indeed the case for everyone, I'm thinking we should just get a BTC refund then there is no need for Waldhoover to purchase any BTC himself he can just send the extra BTC to everyone.

Can anyone else confirm this is the case with BTC refunds?

12WSr6J2L327B1ivsY5DudQ9qyoPYkAVeC

2 shares

Thanks for all your efforts with this Charles.

EDIT:
Payment received

I have to say I have nothing against the 5% management fee, it obviously took time and effort to organise these purchases so 5% is fair enough (6 neptunes with a 10K$ refund = 3K$ management payment for waldohoover).

What I disagree with is the refunds are being issued from KNC in $, however the refunds to the shareholders are in the original BTC amount. The poll said the refund from KNC would be converted to BTC then distributed to shareholders, that is not what has happened here.

It was obviously a risk trusting a random stranger with our Bitcoins, and with the lack of comms from waldohoover this will probably go down as a lesson learned for us all. Sucks I know, but unless waldohoover is planning on sending extra bitcoins out in the future when the refunds from KNC are received, this user and the site coiningsolutions.com look like being one to remember for future and avoid.

I understand no refund has yet been received, I used todays BTC price as an example but I would have expected the conversion to take place on the time the refund was received whenever that happened in the future. If the price of BTC suddenly shot up to say $3000 then obviously there would be less BTC returned, but that's the assumption I was working from

My point is, the refund option in this poll that people voted for was titled "Get a refund from KnCMiner in USD, convert to BTC and send refunds to share holders.". That isn't what's happened.

I've got my refund, although I'm a little confused as to the calculation. Bitcoins are now around the $480 mark, so if the refund from KNC is coming back in dollars and being used to purchase bitcoins for the refund shouldn't this be more like:

Neptune 5:
$10000 - 5% management fee = $9500
$9500 / 60 shares = $158 a share
$158 = 0.329 BTC

Based on the previous post, each Neptune 5 share has been refunded as 0.2565 BTC?


I've no issue over the 5% fee as I think this was displayed upfront and is fair, I just would have expected more BTC back as the refund was in $

I vote for a refund on this

I have 4 shares in Neptune #5, I vote to keep and it would be great if I can move up onto Neptune #1 if people on there want a refund.

Am I missing something or weren't these scheduled for a Q2 release? I assumed this would be delivered by June 30th and any earlier would be great, it's only April now.

I've got an oldish PC fan on the front of this at the moment but I'd rather have a decent one as the Stock fan at the back is quite loud. Is there a recommended CFM to use with these?

Temps are 42C at the moment, is this normal?

I have a Sapphire 7950, link here http://www.dabs.com/products/sapphire-technology-amd-radeon-7950-hd-850mhz-3gb-pci-express-3-0-hdmi-boostlite-8TYC.html.

Used for the last 3 months, looking to sell as this is my last 7950 and I want all my rigs on the same brand.

Make me an offer, I'm accepting LTC and  BTC. Only posting in the UK

Thats how I started this, put 1 card in and installed everything needed then turned off and plugged in the other 3 cards. Do you have a card in the x16 slot? I'm not going to put the card onto the board I have an x16 -> x16 riser that I can use