Off-Topic

[Tad3j]

So your life moto is be good, and suddenly you're go breaking bad ??

Even if its BTC, the people have respect and conscousness about, what they do to other people

[1714165722]

1714165722

[hammurabi]

Any news to share with us?
Have Yifu refunded chip batches?
Are we waiting for something?
Have you reused/planning to reuse our parts in your mining enterprise?
Can you describe what is the purpose of the stash tracked (below) by fire5?
Do you have timeline of how and when refunds will be handled?

Thx.

BTC from customer payments - https://blockchain.info/address/1LMr1hz5Usk8eFNf4XQbbeaYGWNpFBYbVy
Stash - https://blockchain.info/address/18rKLM23mwJWFB9PPyDWQrPLXWRcp2srZh

Currently the mentioned amount of BTC3,471.86046069 in TH stash divided by 40.000 chips ordered equals to BTC0.086775 per chip.
Which should be available at hand for immediate refunds.

Which is BTC1.3884 per K16. Or $208.26 now.
Which is BTC5.5536 per K64. Or $833.04 now.

(Assuming current btc price ~$150).
And still there is a lot of parts for reuse or sell.

Why is TH not taking action and taking advantage of current exchange price?

Quick Update (2013-10-22):
Current Bitcoin Best Bid aquired from https://bitpay.com/bitcoin-exchange-rates is $181
Which is BTC1.3884 per K16. Or $250+ now.
Which is BTC5.5536 per K64. Or $1000+ now.

That means that from this point on TH have enough money to issue full refunds and still exit with a profit from the failure.
It also means that from this point forward withholding refunds equals to taking an additional unnecessary risk on consumers' money by TerraHash.

Quick Update (2013-11-07):
TerraHash is unavailable since 2013-09-30 and does not respond to any communication channels.
Current Bitcoin Best Bid aquired from https://bitpay.com/bitcoin-exchange-rates is $293
Which is BTC1.3884 per K16. Or $405+ now.
Which is BTC5.5536 per K64. Or $1625+ now.

So TerraHash could repay us 1.5 times over from chips refund alone.

[HugPuddle]

Great time to refund accounts paid in Bitcoin.
The price was based in USD, you can legally pay half-back in Bitcoin and those accounts are refunded in full.

Seize the day Terrahash.

[flowdab]

Great time to refund accounts paid in Bitcoin.
The price was based in USD, you can legally pay half-back in Bitcoin and those accounts are refunded in full.

Seize the day Terrahash.

Fucking this. I know they're not reading this thread but what they're doing is so effing illegal and wrong.

[justmyname]

Great time to refund accounts paid in Bitcoin.
The price was based in USD, you can legally pay half-back in Bitcoin and those accounts are refunded in full.

Seize the day Terrahash.

Fucking this. I know they're not reading this thread but what they're doing is so effing illegal and wrong.

I bet they end up in the penitentiary. What else could eventually happen?

[massnerder]

Great time to refund accounts paid in Bitcoin.
The price was based in USD, you can legally pay half-back in Bitcoin and those accounts are refunded in full.

Seize the day Terrahash.

This, this, and more of this!!  They can refund half our BTC and still will have made a boat load of money

Likelihood of it actually happening???  lolz

[notlist3d]

Great time to refund accounts paid in Bitcoin.
The price was based in USD, you can legally pay half-back in Bitcoin and those accounts are refunded in full.

Seize the day Terrahash.

Fucking this. I know they're not reading this thread but what they're doing is so effing illegal and wrong.

They are laughing to the bank until someone sues them.  Right now they are having a great time.

[Tad3j]

Mybe they are targeting this. It is actually obvious, that the BTC will gain value with more and more ASICs, also there will be more and more companies that are going to implement BTC in their payment system.

[hammurabi]

We were asked by TerraHash to stay patient so they can make more fiat profit out of stashed preorder bitcoins.

Dear TerraHash customers!
Grab the soap from the floor and stay patient
I'm sure we can work something out.
Once again, It's not our fault.
Thank you for the trust in us.

[syncer]

Well, i guess they sold BTC long time ago from now,
first of all to payout paypal claims/CC refunds as most powerful sources of trouble if any.
Well, good to know that those guys with PP\CC orders took back what was possible.

[joeventura]

Great time to refund accounts paid in Bitcoin.
The price was based in USD, you can legally pay half-back in Bitcoin and those accounts are refunded in full.

Seize the day Terrahash.

Who are you talking to?

You do realize the last time Terrahash logged on was back on page 157 of this thread?

[LostDutchman]

Great time to refund accounts paid in Bitcoin.
The price was based in USD, you can legally pay half-back in Bitcoin and those accounts are refunded in full.

Seize the day Terrahash.

Who are you talking to?

You do realize the last time Terrahash logged on was back on page 157 of this thread?

What is the sound of one hand clapping?

[notlist3d]

Great time to refund accounts paid in Bitcoin.
The price was based in USD, you can legally pay half-back in Bitcoin and those accounts are refunded in full.

Seize the day Terrahash.

Who are you talking to?

You do realize the last time Terrahash logged on was back on page 157 of this thread?

What is the sound of one hand clapping?

I predict Amir reads under another name at this point.

[Biomech]

Great time to refund accounts paid in Bitcoin.
The price was based in USD, you can legally pay half-back in Bitcoin and those accounts are refunded in full.

Seize the day Terrahash.

Who are you talking to?

You do realize the last time Terrahash logged on was back on page 157 of this thread?

What is the sound of one hand clapping?

a very quiet "whoosh".

[justmyname]

Great time to refund accounts paid in Bitcoin.
The price was based in USD, you can legally pay half-back in Bitcoin and those accounts are refunded in full.

Seize the day Terrahash.

Who are you talking to?

You do realize the last time Terrahash logged on was back on page 157 of this thread?

What is the sound of one hand clapping?

I predict Amir reads under another name at this point.

I guess their is something wrong with my computer? I don't have to be logged on to read the threads.   

[bankbtc]

Yesterday, I sued Terrahash for $10,000 in small claims court in Santa Clara County. A friend also initiated a small claims action against Amir and Terrahash for $10,000.  It only cost $100 to file the suit un small claims court .  I am confident that I will prevail.  Amir, if you are reading this you will find my phone number on your office door.  You already know that you will lose in court. 

Before filing I went to Terrahash's office but Amir was not there. Taped on the door of Terrahash's office was a 4 day eviction notice  from the landlord for failure to pay $1050 in rent (I have a picture of the eviction notice).  It was obvious that Amir has been sleeping in the office.  Clothes were heaped everywhere and there was a couch in the office that was not there before.  Someone else discovered that Amir has been sleeping in his office at night, probably trying to duck people who are looking for him, and they served him on 11/04 with a lawsuit for fraud ( Case Number 1-13-CV-254284). Mail visible through the front door including a letter from Paypal to Terrahash (I have a picture of the letter)  LOL..  The components were not in the office but I can confirm they did indeed exist because I saw them on previous visits to Terrahash. 

Amir is digging himself a very deep hole.   Instead of paying back everyone owed a refund, Amir, seems  hiding.  Terrahash will not be able to dissolve the company if there are unsettled legal claims against the company.  If Terrahash files for chapter 7 bankruptcy the company will have to provide financial statements and account for the Bitcoin that was refunded by Yifu.  If Amir tries to run with the Bitcoin he will open himself up to criminal prosecution by the Santa Clara District Attorney's office for Fraud.  The noose is tightening on Amir.  Fuck a 50% refund.  I'm owed money and I want it back now.

Many of you are owed refunds by Terrahash.  Contact the Santa Clara County District Attorney's office and file a complaint.  See:  http://www.sccgov.org/sites/da/prosecution/DistrictAttorneyDepartments/Pages/Consumerprotectionunit.aspx
If enough people owed a refund start calling the District Attorney's office they will take action.  Protect your rights, get your money back, pick up the phone and call the District Attorney's office:

Mediation and Enforcement
Consumer Protection Div.
70 W. Hedding St., West Wing
San Jose, CA 95110
Email: consumer_mediation@da.sccgov.org
Phone: (408) 792-2880​​

A hard copy claim form is here:
http://www.sccgov.org/sites/da/prosecution/DistrictAttorneyDepartments/Documents/DA_ConsumerComplaintForm-paper.pdf

You may also file a lawsuit against Terrahash in Santa Clara County small claims court. See:  http://www.scscourt.org/court_divisions/small_claims/small_claims_home.shtml
Your lawsuit will be heard by the court about 30 days from the date you file.

AMIR, IN THE EVENT YOU READ THIS:
You assured me on multiple occasions that I would receive a full refund, the last time in front of a witness (my wife).  I've made a good faith effort to work with you.  I warned you that if you did not refund 100% of my order I would sue to recover my money.  Any asset that you have I am coming after.  Any cars, cash, BTC, property, I will put a lien on.  I am going to get my money back.  I will dog you until you pay me, count on it.   You now have two more cases pending against you.  Give me my money now or I'll see you in court.

[zurg]

Wow, an interesting update. Can't say I am a bit surprised at Amir's incompetence.

[fire5]

bankbtc please post the picture of the eviction notice

[btceic]

xposted to reddit for exposure:

http://www.reddit.com/r/Bitcoin/comments/1q7mcb/terrahash_lawsuits_begin/

[Tad3j]

bankbtc, please do remember him, that he owes alot of us a BTC refund. However be gently to them, since they can use BTC to pay you out, and we still don't get anything back