I hope BFL gives back the exact # of bitcoins that were used in the original transactions.
Else, Christian is not made whole.
Nope. That's not how it works. They used a merchant service that handled the transaction, and conversion from bitcoin to cash. That's like saying that if you paid somebody in quarters that later turned out to be rare and worth more money, or some foreign currency, that later appreciated/depreciated, that you demand to be repaid by those same quarters (despite those quarters having been dropped off at the bank the same day you made payment). Not gonna happen. The product was denominated in dollars. Bitcoin isn't a 'legal currency', therefore there's no requirement for them to hedge your funds and refund them however
you like.
If Bitcoin had fallen through the floor, you people would be demanding refunds in dollars, but it went up, so you think you deserve the bitcoins.
(Wall-of-angst Deleted. I've never ever felt this abused a customer before. Filed a complaint with the Missouri AG Customer Complaints dept. Provided a Paypal address to office@bfl to get refunded for $4,698, hopefully, and moving on with my life)
So basically they got to use almost $5k to fund their development for 11 months interest free. Brilliant play by Josh!
Brilliant and illegal. Xian should sue and seek a quick judgement before BFL is empty of cash. Bitcoin will advance as all these crooks, amateurs and people too lazy to follow laws are pushed out of the market and people who actually care to run a long term business enter the market.
I agree that this seems like it could be illegal. I really hope Xian01 pursues any potential legal recourse that might be available. I would be very curious to hear a lawyers opinion.
They didn't set out to get a "free loan" from him. They just decided that the business relationship had become untenable, and chose to end it. If they had set out from the beginning to get "free loans" from people, there might be an issue with that, but this is a result of HIS behavior, not a result of some 'scheemy-scheme' to borrow a lousy 4000 bucks, interest free.
Without knowing the exact definition - It seems he have done libellous statements at this forum.
If there is anything I have said that is false, libelous, or in no-way rooted-in-fact, please point them out to me.
Libel is hard to prove. However, it was plainly malicious and defamatory. They're not suing you for libel, they're kicking your ass to the curb, for trashing their company, and insulting the owners/officers. Big difference.
I don't think a worse PR move could be imagined.
"Hey, there... we just brought the propane truck around to say we're severing all business ties with you, so we're gonna need that propane back.... and the tank. We heard you complained on the Internet that we missed the last four months in shipping propane out during Winter, and we kept saying we'd get to it the next month, but kept failing to show up because propane's fucking hard based this decision on a number of factors. You'll get a check in the mail."
More like, "Hey there, we haven't been able to deliver your propane due to issues with the truck. We're still working on fixing the truck, but in the mean time, we've heard you were going around town talking shit about us, calling us crooks, telling people that we took your money and you think we might just be using it to put propane in our own houses.
Remember when you saw the truck driver at the local bar and told him to "eat a bag of dicks"? Remember how you show up at that same bar every night and try and pick fights with our guys?
Yeah, well, we're still not certain when we're gonna have the truck running, in order to get you your fuckin' propane, and we're sick of your antics, so we're dropping your account. Find a new propane company. Let us know where to mail the check for a refund of your pre-payment."