Your result: you look like a noob 

Yeah man, dont buy it!!!

If you do a little bit of research, just a very little bid....you will see that sellpressure from miners is about 1btc p/day.
Wow, that is massive dump!

http://www.actionfraud.police.uk/

why should exiting with shitcoin make sense?
you hack an account and buy shitcoins?

i don't see the sense, sorry...

I am drafting a lawsuit.  I am also challenging the 30% deposit with my bank.  I will be posting relevant breach portions next week that should apply to any common law jurisdiction (including the UK). I will also post my fraudulent inducement argument (which is 100% solid in the US and should work in the UK since it is pretty much the same law).  I am not posting it as legal advice.  I am not posting it somewhere where Alpha can see it.  They will see it when my process server shoves it in their greedy faces.  I will not be suing them in the UK.  They will have to fly to the States or hire a US attorney to defend themselves.  US jurisdiction allows me to sue them here because they targeted US customers, they reasonably expected therefore to be haled into court here.  If they didn't, they shouldn't have sold to US customers (specifically me).  Finally, I will 100% win on a local statutory fraud count against them.  My local fraud statute covers even INNOCENT MISREPRESENTATIONS that are not corrected by a business to consumers.   Consumers, in that statute, are defined as including even BUSINESSES that purchase products from other businesses so their bullshit business argument won't work.  Since I never intended to sell my Viper, it will work 100%.  I've won about 8 lawsuits so far for clients, never anticipated doing one for myself, using this argument.  Against major banks, big Fortune 500 businesses, and local contractors.  The statute grants attorneys fees, costs, punitive damages, and actual damages (I'm going to push for $50,000 in punitive damages).

Their 2 bit solicitors will get royally fucked if they fight because I will rack up attorneys fees and still win.  There are NO DEFENSES to statutory fraud -- it is strict liability.  http://en.wikipedia.org/wiki/Strict_liability

"The term "consumer" means any person who purchases or contracts for the purchase of merchandise not for resale in the ordinary course of his trade or business but for his use or that of a member of his household."

"The term "person" includes any natural person or his legal representative, partnership, corporation (domestic and foreign), company, trust, business entity or association, and any agent, employee, salesman, partner, officer, director, member, stockholder, associate, trustee or cestui que trust thereof."

I will say that I am not representing myself -- my brother, unfortunately, paid the 30% deposit and placed the order. I told him it was a good opportunity and I regret that to this day.  That's why I'm vehemently trying to make this right for him but Alpha is so blatantly unremorsefully shameless that I probably have to slap them with a big judgment and seize their personal property (I've made more than one fraud defendant HOMELESS) before they come to terms with their illegal acts.  I am a bulldog and I don't let go after I tear a piece of a shady Defendant's ass out.

office
Aug 07

xx our terms state that payment will be required within 8-10 weeks of shipment date. This means payment is required by this time, that is why we are requesting payment now from customers too, if a customer has paid before this time then their order is confirmed. Nowhere in those terms does it say the customer is not eligible to pay earlier.
It is merely stating when payment is required by us in order to complete assembly and shipment.  

office
Aug 07

Hello xx
Our terms clearly state a refund policy that is only in relation to the deposit amount and the refund policy clearly states that there are refunds upto 5 months, there is no refund policy after 5 months as that is beyond the refund timeline. Please view our terms again.
Also the dsr does not apply to our products as our products are not a consumer product. Our products are only for the sole purpose of mining cryptocurrencies which is a business activity and is taxable in the uk.  



Aug 07

Also, Alpha, I quote your terms on Jan 1

 The remaining payment to complete final assembly and shipment, will be required within 8-10 weeks of shipment date. If payment is not made in a set timely manner, we presume you no longer want the item, and will incur a majority penalty fee on your deposit refund and may be forfeited.

 "Within 8-10 weeks of shipment date."

 This is your terms specifically stating when payment is due in relation to shipping. You requested payment. You did not ship.

 Do you not have a copy of your terms from January that I agreed to?



Date: Thu, 7 Aug 2014

That's a great way to try and look at it. You ignored the entire other half of this message. I still want my refund.
 
Aug 07

That's a great way to try and look at it. You ignored the entire other half of this message. I still want my refund.


Aug 07 12:44 PM

In our terms we clearly state that payment will be taken 8-10 weeks before we expect to deliver, this is a statement. We are in the 8-10 week period now as our terms state delivery can be upto q3 and customers are still allowed to pay which means the terms are not broken.
 You can still pay now if you did not pay earlier.
 We did not state specifically that we have to ship after 8-10 weeks, it was just a statement that we will be taking payments at this time, and we currently are.
 Nowhere in our terms does it state we cannot take payments earlier than 8 to 10 weeks before shipment, it was simply a statement to tell customers when payments will be taken so they can prepare.


Aug 06

 Alpha Technology,
 Nowhere in the terms and conditions that I agreed to does it say, anywhere, under any circumstances, that after 5 months have passed there will be no opportunity for a refund before product delivery. It is fine that you are still on track for a Q3 delivery. That is great. It does not affect my request for a refund. As you have absolutely nothing written in your terms regarding cancellation between 6 months after order and before product delivery, I am within full legal rights to request a refund and unless you provide it, you are the ones who will be violating not only your own terms and conditions, but the laws in your own country and the laws in my country (USA).

 Additionally, you have in fact, violated your terms and conditions. Payment 8-10 weeks before delivery of the product. You sent a final invoice for payment of the product. Only days later you had your credit card processor cancel your ability to receive payments, thus rendering my final payment plan useless. Additionally, 8-10 weeks have passed since you have requested this botched payment, and the product is still nowhere ready for delivery.

 This is clear violation of your terms by you.

 Refund of this transaction is demanded and I have already opened a court case with your local UK tribunal courts. This will effectively be your last opportunity to resolve this out of the courts and not have to pay for my court fees as well when I prove to them in many ways how you have in fact, violated your own terms and broken the law by refusing me my lawful refund.

 Remember my offer in e-mail to you still stands. You may transfer the return to me via bank transfer, Paypal, or Bitcoin.

Thanks and have a great day.
xx
 
 
Hello xx
 No terms and conditions of our product have been broken, our terms stated we have till end of q3 to deliver, july was an early expectation which we did not achieve but was in no way part of the terms and conditions.
 You will be refunded as per the terms and conditions you accepted when originally placing your order.
 If you have not paid the full balance for the product you are not eligible for a refund as per our terms as you are requesting the refund after a 5 month period of paying your deposit.
 If you have paid the full amount we will refund you the 30% deposit in full. This will be done via bank transfer as bitpay withdraws our funds instantly to our bank account. You will need to email us quoting this email to payments@alpha-t.net

 
 

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 do not accept a 70% loss on 5450 GBP. i did not fall out of a tree and hit my head this morning