lukasbradley
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January 13, 2013, 03:55:24 AM |
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Poor Tom. I hope he comes through this OK. It sounds like he's in a bad place.
I think the business is lost. I hope he can keep his family.
Frankly, I don't think the business is lost if Tom comes to terms with the state of his affairs. I also SINCERELY hope he comes through this okay.
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davecoin
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January 13, 2013, 04:05:57 AM |
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Bummer, requested a refund on the 8th and he didn't pull through. How hard is it to do a chargeback?
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lukasbradley
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Activity: 90
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January 13, 2013, 04:07:25 AM |
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Bummer, requested a refund on the 8th and he didn't pull through. How hard is it to do a chargeback?
Call your credit card company and "dispute" the charge. They should walk you through the process.
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PuertoLibre
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January 13, 2013, 04:15:50 AM |
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Uh, just be careful not to state exactly what the mining rig is. Be vague....otherwise you might lose the dispute from the get go.
CC companies do not like machines that produce BTC or alternate currencies.
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Phinnaeus Gage
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Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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January 13, 2013, 04:22:13 AM |
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Bummer, requested a refund on the 8th and he didn't pull through. How hard is it to do a chargeback?
Call your credit card company and "dispute" the charge. They should walk you through the process. http://usa.visa.com/download/merchants/chargeback-management-guidelines-for-visa-merchants.pdfTime limits for depositing transactions are set to ensure timely processing and billing to cardholders . When you hold transactions beyond the period defined in your merchant agreement (usually one to five days), you lose money, affect customer service (cardholders expect to see transactions on their Visa statements within the same or next monthly cycle), and possibly invite a chargeback . No remedies exist for chargebacks on sales receipts deposited 181 days or longer after the transaction date. I'm not sure if the text in bold applies.
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Jack1Rip1BurnIt
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Activity: 350
Merit: 250
Trust me, these default swaps will limit the risks
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January 13, 2013, 04:24:42 AM |
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@lukasbradley
Hey man, so you couldn't really get any details out of him at all? Even Dave never got any details other that what Tom said to him?
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Successful trades with bels, misterbigg, ChrisNelson, shackleford, geniusboy91, and Isokivi.
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Starlightbreaker
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Activity: 1764
Merit: 1006
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January 13, 2013, 04:25:38 AM |
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Bummer, requested a refund on the 8th and he didn't pull through. How hard is it to do a chargeback?
Call your credit card company and "dispute" the charge. They should walk you through the process. http://usa.visa.com/download/merchants/chargeback-management-guidelines-for-visa-merchants.pdfTime limits for depositing transactions are set to ensure timely processing and billing to cardholders . When you hold transactions beyond the period defined in your merchant agreement (usually one to five days), you lose money, affect customer service (cardholders expect to see transactions on their Visa statements within the same or next monthly cycle), and possibly invite a chargeback . No remedies exist for chargebacks on sales receipts deposited 181 days or longer after the transaction date. I'm not sure if the text in bold applies. that's for the merchant. he's the cardholder. ...or does it? hmm. w/e, i'm getting my pitchfork and popcorn ready.
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crazyates
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Activity: 952
Merit: 1000
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January 13, 2013, 04:49:38 AM |
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So let me get this straight: the only reason people were getting BTC refunds was because Dave and Lukas were urging Tom to. Then Tom is supposed to provide crucial information about the ASICs, and instead he packs up and leaves town. Their bank account does not have enough funds to process CC refunds because Tom was in charge of that, too. Now, we have no idea where Tom is, we don't know if people are even going to be getting refunds (CC or BTC), the BTCFPGA forum is still under lockdown, and we have absolutely zero information about the status of the bASIC's development. And all of this is directly from the 2 remaining bASIC team members. Talk about a shit storm!
BFL is next I would bet. We shall see. I'm very interested in seeing which one of us gets the last laugh.
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jjshabadoo
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January 13, 2013, 05:03:04 AM |
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Man, you're crazy to still be backing BFL.
Maybe they will produce, but if it doesn't happen soon, the refunds will start mounting and you'll be in the same boat.
Now that bASIC has collapsed, the panic is building. Once Avalon ships and friedcat's project comes online(if they do), then the pressure will increase.
Less projected profitability + competitor already capsized + BFL's shady background = refund city.
Good luck.
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mining4fun11
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Activity: 110
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January 13, 2013, 05:05:48 AM |
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Looks like Tom might have a new home soon(jail). I hope this piece of crap rots in there.
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alexKKK
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January 13, 2013, 05:09:43 AM |
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I got my BTC refund from them, and i am happy about it - because i suggested my chances 50/50 . Wish luck to Tom take control the situation !
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Nolo
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January 13, 2013, 05:33:00 AM |
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I got my BTC refund from them, and i am happy about it - because i suggested my chances 50/50 . Wish luck to Tom take control the situation !
When did you request it, and when did you get it? Dave sent me an email saying I would receive mine today, but haven't as of yet.
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Charlie Kelly: I'm pleading the 5th. The Attorney: I would advise you do that. Charlie Kelly: I'll take that advice under cooperation, alright? Now, let's say you and I go toe-to-toe on bird law and see who comes out the victor? The Attorney: You know, I don't think I'm going to do anything close to that and I can clearly see you know nothing about the law. 19GpqFsNGP8jS941YYZZjmCSrHwvX3QjiC
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iCEBREAKER
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Crypto is the separation of Power and State.
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January 13, 2013, 05:50:38 AM |
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Looks like Tom might have a new home soon(jail). I hope this piece of crap rots in there.
Jail? Soon? Sounds like the Bitcoin Police are on the case!
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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nathanrees19
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January 13, 2013, 06:10:00 AM |
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BFL is next I would bet. The problem here was that there was too much pressure on one guy...BFL is structured differently.
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crazyates
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January 13, 2013, 07:17:40 AM |
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BFL is next I would bet. The problem here was that there was too much pressure on one guy...BFL is structured differently. This why I don't think BFL is in the same danger of failing like bASIC did. With bASIC, the power to crash the entire endeavor was placed in the hands of one man. Tom hired a 3rd party teams to do all the engineering R&D, but he did everything else. Hiring Dave was the smartest thing he could have done, but it looks like Tom never ended up sharing any more information with Dave than he did his customers. When Tom disappears, so did their 3rd party contacts, ASIC progress status, refund capabilities (CC & BTC), and who knows what else. AFAIK, BFL is not in the position where one person can crash their entire system. It's still a small company, but you don't get to 25 employees by making mistakes like that.
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Sigma
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January 13, 2013, 07:37:58 AM |
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Well shit. Has anyone gotten any CC refunds yet? I asked on 1-6 and of course nothing has shown up yet. I realize the BTC have gone out somewhat, so...anyone gotten anything on this front? Sad that my bank is closed till monday
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Bitinvestor
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January 13, 2013, 08:01:14 AM |
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AFAIK, BFL is not in the position where one person can crash their entire system. It's still a small company, but you don't get to 25 employees by making mistakes like that.
I'm not a fan of MPOE-PR but here's the best description of BFL that I've seen: BFL is a marketing company (and an incredibly poor one, in many aspects). Their business is keeping those Google ads up and siphoning the incoming money into more or less safe holes. Everything else is everyone else's problem.
Think about it.
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Those who cause problems for others also cause problems for themselves.
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repentance
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January 13, 2013, 08:09:06 AM |
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Well shit. Has anyone gotten any CC refunds yet? I asked on 1-6 and of course nothing has shown up yet. I realize the BTC have gone out somewhat, so...anyone gotten anything on this front? Sad that my bank is closed till monday Dave posted that he's processed CC refunds but that he doesn't know whether Tom transferred the funds to cover them (this was supposed to be done by wire). He's recommending that customers who paid by CC contact their CC company and request a charge back.
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All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
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bitmar
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January 13, 2013, 08:24:10 AM |
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BFL is next I would bet. The problem here was that there was too much pressure on one guy...BFL is structured differently. This why I don't think BFL is in the same danger of failing like bASIC did.... so, maybe you know where is the BFL's ASIC prototype ? Maybe you know what kind of magic allows mass production of chips without a prototype and tests? Maybe you know how many months will pass before there is a working prototype? Maybe you know how many people during those few months will request refund? I think BFL is in the same danger as bASIC.
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