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Author Topic: 20 reasons because Tom/Cablepair is a scammer.  (Read 1984 times)
cablepair
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February 26, 2013, 10:23:00 PM
 #21

all of these reasons have already been violated by BFL and Avalon:

here is my statement I posted in another thread:

Ahhh finally got back into my hacked account. This does not mean I will be a regular on this board anymore it just means I can make some statements that will hopefully be helpful to you.

1) I do not deserve a scammer label. We sold FPGA Mining products since may, when BFL announced their product MONTHS early just to try and squash the competition they lied which was a total lie and dis-service to the community but we wanted to keep our business alive, this led us to begin developing out own ASIC basic based prodcut. Our latest attempt at making the huge leap to ASIC failed. It was never our intention to scam anyone. Anyone who ordered a FPGA mining product has received their unit or their unit is on the way (2 orders slipped through the cracks when shit went bananas but we found these orders and we shipped them out this week.

2) I have paid back over 1 million USD to credit card buyers and BTC buyers alike. I am liquidating assets like a madman and still mining at about 60 gh/s with my FPGA rigs, which brings about 10 btc per day. Every week I gather what assets I have obtained and I distribute them to the customers starting with the earliest customers first and than working my way up to the later buyers. There are many people who can attest to this. One of our largest orders who spent over 100k was refunded by wire transfer just last week and I am sure if you look you can find that thread.

IF you are interesting in reading the actual definition of a scam you may do so here:

http://www.merriam-webster.com/dictionary/scam


Instead I am doing everything I can to make sure every single customer gets a complete and total refund. Unfortunately some people do not like the fact that they are returned less coins than they have sent. Although the fact of the matter is - these units were priced in USD NOT BTC and it is appropriate to use the current exchange rate when converting USD to Bitcoin to make these refunds. Any one who knows what they are doing in e-commerce would agree totally.

3) See a scammer would of taken all the money (over a million dollars) and disappeared, instead I still live in my same house and still go to my regular job every day. I am a family man and the last thing I want is any kind of trouble. You guys have no idea the sleepless nights worrying about this thing, but I am going to keep on this and make sure every customer gets his refund.

4) I am sure its hard to believe but this has hurt and will continue to hurt myself and my family far more than it will hurt any of you, But that's the gamble I took when I decided to make an ASIC device, and take pre-orders, we just could not make the damn thing work (for long) and the chips were clocked wrong or something because they had a very little life especially when you pushed them to any degree.

At any rate that is all behind us. Like I said I have paid over 1 mil in refunds and continue to do so every friday night (20k just last friday) this list is shortening and shortening and before you know it every single person will be paid back in full.

I just hope and pray you give me the time to make this all happen, I sold most of these coins at around $15 and now am buying back at $30 - its very difficult but as the last 2 weeks showed you , you will continue to see 10 refunds every friday until every single person is paid back.

I have been a very strong member of this community for 2 years, and I have always fulfilled my promises - please have a little faith in me is all I am asking - I WANT to do the right thing. Think about what a true scammer would of done with over a million at his disposal?Huh??


I have four kids and I am just trying to get by - I am sorry I was not up to meet the challenge of bASIC but I assure you all of you will be paid back.

thank you for listening

Thomas Van Riper
BTCFPGA
P.O. BOX 246
Hannibal NY 13069

(any correspondence sent to any other address other than the business addresss of BTCFPGA will be returned. My house is not my place of business nor is it the address for my business)

i have changed my numbers due to the hundreds of calls I was receiving a day - if you need to get ahold of me email btcfpga@gmail.com
and I will get back to you within a couple of days at the latest

again thank you for reading this and for those who have it - thank you for your compassion and empathy.

Tom
BTCFPGA

p.s. BTCFPGA will continue to sell FPGA based devices to hobbyists and all others who are interested in this device.
http://www.btcfpga.com



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February 28, 2013, 04:39:12 AM
 #22

I would like to respond to Tom, with my bad English.  Grin

all of these reasons have already been violated by BFL and Avalon:
...
1) I do not deserve a scammer label. We sold FPGA Mining products since may, when BFL announced their product MONTHS early just to try and squash the competition they lied which was a total lie and dis-service to the community but we wanted to keep our business alive, this led us to begin developing out own ASIC basic based prodcut. Our latest attempt at making the huge leap to ASIC failed. It was never our intention to scam anyone. Anyone who ordered a FPGA mining product has received their unit or their unit is on the way (2 orders slipped through the cracks when shit went bananas but we found these orders and we shipped them out this week.
Not all the reasons. BFL problems belong to BFL. BFL has a thread on scammers. This is a thread about BASIC.

I have paid back over 1 million USD to credit card buyers and BTC buyers alike.
I think your bank or VISA, are strong filing criminal charges. So were the first to pay back.

Quote
Instead I am doing everything I can to make sure every single customer gets a complete and total refund. Unfortunately some people do not like the fact that they are returned less coins than they have sent. Although the fact of the matter is - these units were priced in USD NOT BTC and it is appropriate to use the current exchange rate when converting USD to Bitcoin to make these refunds. Any one who knows what they are doing in e-commerce would agree totally.
For every sold BASIC gave me a dollar? It gave me nothing because we are buyers. We're not investors. Because you spent our money?

Dave think $ 15 for bitcoin was good price. A few days later you said...

Quote from: cablepair
I have the list of BTC Refunds and should be making those today.
Don't worry about removing the forums. I have screenshots.

Priced at $ 15 lose more than 20% of my bitcoins. I am willing, with a quickly payback. Think I'm not seeking damages for the delay. With the price that you propose now I lose 64%.

You waited a month to choose, whether it was better to pay $15 or pay current price. If the price had gone down, you would say that it was agreed at $15.

I think there are people who buy with a price lower than mine and their percentages be even worse.

instead I still live in my same house and still go to my regular job every day. I am a family man and the last thing I want is any kind of trouble.
In my country there are many scammers and corrupt, also live at home. Including our Prime Minister is corrupt.

I want to think well of you. You made some very wrong decisions that ruined the project. But with good intentions. But when you decided to spend our money and wait for price of bitcoins. You turned into a scammer. I understand that you have many debts to providers. But you may want to pay providers with money from your customers.

I am sure its hard to believe but this has hurt and will continue to hurt myself and my family far more than it will hurt any of you.
Tom does not think it's the place to say who goes worse. Only tell you that in my country the salary in the same job than in the U.S. is only 33% and is one of the countries most affected by the crisis.

I sold most of these coins at around $15 and now am buying back at $30
This would not have happened if you had not spent the money from customers. When customers requested a refund, the bitcoin was $15.

I have been a very strong member of this community for 2 years, and I have always fulfilled my promises - please have a little faith in me is all I am asking - I WANT to do the right thing.
I wish the right things.

I have four kids and I am just trying to get by - I am sorry I was not up to meet the challenge of bASIC but I assure you all of you will be paid back.
I hope that your family life will go all right.
Darkneo
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February 28, 2013, 06:08:29 AM
 #23

But he had to sell bitcoins to pay for the costs of his materials from the manufacturers, that is the only reason why he would sell them.

You were taking a risk when you invested. He's not a scammer. He had no intention of hurting anyone. Tom paying people back in USD is normal, its fair, you are getting back exactly what you invested. You would've profited if the price of bitcoins dropped. Just be happy that Tom is trying to pay everyone back

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TradeFortress 🏕
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February 28, 2013, 09:12:18 AM
 #24

But he had to sell bitcoins to pay for the costs of his materials from the manufacturers, that is the only reason why he would sell them.

You were taking a risk when you invested. He's not a scammer. He had no intention of hurting anyone. Tom paying people back in USD is normal, its fair, you are getting back exactly what you invested. You would've profited if the price of bitcoins dropped. Just be happy that Tom is trying to pay everyone back
Except when is he going to pay everyone who paid via BTC back? Nearly a year? While that's certainly better than not paying out at all, it's hardly what would be considered acceptable (except in the btc world).
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February 28, 2013, 11:00:40 AM
 #25

But he had to sell bitcoins to pay for the costs of his materials from the manufacturers, that is the only reason why he would sell them.

You were taking a risk when you invested. He's not a scammer. He had no intention of hurting anyone. Tom paying people back in USD is normal, its fair, you are getting back exactly what you invested.
For every sold BASIC gave me a dollar? It gave me nothing because we are buyers. We're not investors. Because you spent our money?
Anyone remember accepting an agreement which stated that it was an investor?

You would've profited if the price of bitcoins dropped. Just be happy that Tom is trying to pay everyone back
Dave think $ 15 for bitcoin was good price. A few days later you said...
Quote from: cablepair
I have the list of BTC Refunds and should be making those today.

...

You waited a month to choose, whether it was better to pay $15 or pay current price. If the price had gone down, you would say that it was agreed at $15.
Is any part of what I wrote hard to understand? I can try to write it differently.
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