I really like Bitshares and Bitshares AGS.

You guys should also look into Swarm.

Those are IMO the best two IPOs I've ever seen on these forums.

No, Ken would not make us sign that form for refunds if his lawyers didn't advise him to. I think we have a case for full BTC refunds. Sure, he might run out of BTC, but either way I am taking a risk. The way I see it, Ken is free rolling me three times over.

#1 he used my money to fund business expenses and/or refund other customers and/or buy hardware for shareholders and/or pay him or his family
#2 he is sending out hardware (Goldstrike) to people that just paid this year and sending me nothing even though I ordered almost a year ago.
#3 he could not give a refund after I signed that form, then bring it up in court that I agreed to a usd refund.

I'm sorry for shareholders, but this house of cards is about to come falling down.

That's all good and nice, but I've already been waiting 3 months, and it's too little too late. I doubt he's even going to send me anything if I do fill out that form, this isn't the first time he said he would be sending out refunds and give a time frame to do so in, then completely ignore the time frame and the refund requests. I'm going to wait until I hear that a few people have successfully filled out the form and got a refund before doing so, otherwise I might screw up the case with Wood Law. Even if a few people successfully do get a refund, I'm not sure I myself will do it as I imagine Wood Law will be seeking full BTC refunds.

Let me know please, if he is actually doing that then it may be the best way out. If this goes into litigation we are going to get much less back, especially if bitcoin goes up a lot in value over the course of the litigation. Unfortunately, I'd be willing to bet that Ken has spent most of the money.

Cross posted from the main Active Mining thread:

Ordered 2 Hash Fast Ones on 8/6/2013, no hardware ever arrived, and I've been waiting over 3 months for a refund.

Something is seriously wrong here. I suggest everyone that invested in this venture to get out while they still can.

Unfortunately, I can't wait any longer as this hardware was ordered as part of a group buy and I need to look out for the people that invested in the hardware with me. I also contacted Wood Law with my information.

I gave VMC a warning via their support system that I would go to a lawyer if my refund wasn't processed (as that worked for me before with HashFast.. they magically sent a unit a couple days later.) I never got any response from that message, and I also received no response to my original refund request either, only an email after both support requests saying "your message has been received."

Ordered 2 Hash Fast Ones on 8/6/2013, no hardware ever arrived, and I've been waiting over 3 months for a refund.

Something is seriously wrong here. I suggest everyone that invested in this venture to get out while they still can.

Unfortunately, I can't wait any longer as this hardware was ordered as part of a group buy and I need to look out for the people that invested in the hardware with me. I also contacted Wood Law with my information.

I gave VMC a warning via their support system that I would go to a lawyer if my refund wasn't processed (as that worked for me before with HashFast.. they magically sent a unit a couple days later.) I never got any response from that message, and I also received no response to my original refund request either, only an email after both support requests saying "your message has been received."

Carnth registered on the 24th of this month, 2014???

Something is wrong with that list (unless he deleted his old account and registered again???)

Thanks!

I had heard of Open Transactions, I thought that was what you meant. I'll see go see what AT is all about.

No Problem Mage.. I know you're busy doing stuff. I'll wait for you to get to the rest of it to respond.

Yes, we can agree on some things definitely, and it seems we might agree to disagree on others. Most of this is speculation and everyone has their own idea of how things are going to play out. I'm not going to lie about things just so it fits my argument, so I will concede when you guys bring up valid arguments. As I said earlier, this is why the name of the thread is what it is. I was making fun of all the other "Litecoin is dead" threads, because most of them are so ridiculously stupid.

The other reason for this thread is that I wanted to bring attention to my concerns about Litecoin. This is the only way I feel like I can get my point across. I want you guys to succeed, I spent a long time supporting Litecoin and some family and friends are probably still half/half into bitcoin/litecoin. One of my buddies is 100% in Litecoin... I don't want Litecoin to fail because of them, and also people that bought coins/mining hardware from me. I would love to see them come out good too. So, I am rooting for you guys.. I am just worried.

I think deep down inside, I loves some Smoothie time. Usually when I say I'm going to ignore someone I just say it so they stop arguing with me. I don't have anyone on ignore. I'm down to debate, but not argue.

AT ??

"First they ignore you, then they laugh at you, then they fight you, then you win." - Mahatma Gandhi

Except in this case its more like... first they laugh at you, then they fight with you, then they ignore you, then you win.
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Good point. I'm pretty well aware of the FTP case.. I still have money tied up on there.

If FTP would have used cryptocoins, do you think it would have been possible for them to do that still? Short of raiding the offices and looking for the private keys, I'm not sure it's possible. Especially if you spread the private keys around using something like PassGuardian? It is like "horcruxes" from harry potter (ridiculous example, but it is a good example I read one time.) I bet DPR wishes he would of done something like that. You obviously know that already, just for everyone else..

+1 to Eric getting off very easy.. that was shocking to me.

The SEC has no power outside of the USA, no?

TY, I have been interested in Ethereum, so if what you say is true then it would be good to know before their crowdfunding opens up. I don't have any money to invest, but I have been suggesting projects that I find interesting to people that do.. like on Facebook, etc.

Some people gave me a hard time for not telling them about Bitcoin/Litecoin. The thing is.. I told mostly everyone but only a few people actually listened to me. This time I am making a point to tell EVERYONE so they can't say that the 2nd time around.

Lol, I can't answer your question, so no. However, I am interested to go read the responses.

Just saying.. if you are truly looking for an answer then go to Ethereum Forums.

It took me less than 1 minute to sign up...

No, not stalking you.. I read just about every thread here. At first I was trying to help you out as you seemed genuinely confused. Then I realized you were trying to make a point in a round about way and it annoyed me a little bit, as I wish you'd just come out and explain WHY you don't think it will work. If it's based on failed logic, then explain how the logic is failed. If you can't explain that because it hasn't been released, then how can you make the claim that the logic is failed, and why are you asking a question that can't be answered?

I'm sorry if my assumption was wrong, but you have to admit it looks like you have an agenda seeing as though you are a developer and supporter of Nxt, a competing cryptocoin 2.0 protocol. You even have a Nxt address below where you avatar should be, so it makes it look like that even more. Again, sorry if I was wrong, but I seriously doubt you'll find any answers here.

Are you really expecting your answer to come from the Alternative crypto currency subforum? This place is a cess pool of pump and dumpers, and people with agendas trying to push their own crypto currencies. A lot of people have stopped coming and posting here for that reason. I can't imagine there are too many developers that actually wade through all this crap. I do it because I'm genuinely interested in all of the different projects and weeding out the ones that I find interesting.

Like I said, go ask this on the Ethereum Forums and you will receive more knowledgeable responses, much more so than I can give. The fact that you are not doing this already makes it seem as if you have an agenda here.

Why don't you explain why the assumption aren't correct instead of asking questions over and over, and getting someone else to answer the question for you?

Enlighten us.

Go over to the Ethereum forums and ask the developers over there, they can vouch for that better than I can as I am not a developer and have not tried developing anything using Ethereum. I am just someone that took 2 years of programming classes 10 years ago, and haven't done much coding since as it was rather boring and tedious for me. Yet, I have enough general knowledge of most basic computer science areas, and understand how Ethereum can be a great thing for decentralized applications.

I'm not sure why you can't come to that conclusion yourself, but I would venture to say you have an agenda. I have read that you are a Nxt developer... Tell me how well YOUR decentralized applications are coming along? I heard a lot of them are not coming along so quickly. Maybe you guys should look into using Ethereum?