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Author Topic: Avalon orders - batch #3 refund requests thread  (Read 14879 times)
tagada
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July 12, 2013, 11:53:07 AM
 #121

I just wonder why are u placing redunf request if u could action it or sell it for more ?

Just curious, what makes you think you could sell a batch #3 that easily and for more?
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July 12, 2013, 11:54:47 AM
 #122

Just curious, what makes you think you could sell a batch #3 that easily and for more?

Check Market board on this forum (Hardware and Auctions).
Inhand Avalons goes for 100+ BTC. He could wait those 7-10 days and sell inhand unit or even sell it with John escrow.
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July 12, 2013, 12:15:51 PM
 #123

Just curious, what makes you think you could sell a batch #3 that easily and for more?

Check Market board on this forum (Hardware and Auctions).
Inhand Avalons goes for 100+ BTC. He could wait those 7-10 days and sell inhand unit or even sell it with John escrow.

I cant sell it with a clear conscience, if I am not sure that I can get in the door in 2 weeks time to accept the delivery. Just ran out of time.
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July 12, 2013, 12:35:54 PM
 #124

Just curious, what makes you think you could sell a batch #3 that easily and for more?

Check Market board on this forum (Hardware and Auctions).
Inhand Avalons goes for 100+ BTC. He could wait those 7-10 days and sell inhand unit or even sell it with John escrow.

That might have been true for batch #2, but are you sure someone would pay a premium just to wait for the original customer to receive his/her order, THEN ship it to them, all of this knowing that you'd ROI in at least 2-3 months minimum, and more likely 6-8?

I took a chance to purchase a batch #3 on the assumption that they would ship may 5th, and agreed to pay the imo hefty price based on that premise. I understand that this is the nature of the game, but i really can't see who in his right mind would pay even more than what i did to buy a batch #3 now.
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July 12, 2013, 08:54:13 PM
 #125

any idea when refunds will be processed?
jspielberg
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July 13, 2013, 12:47:02 AM
 #126

No information has been shared, but shipping order would make some sense.
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July 13, 2013, 02:40:45 AM
 #127

New thread opened regarding batch#3 and refunds, look at this posts: https://bitcointalk.org/index.php?topic=254525.msg2717297#msg2717297 , https://bitcointalk.org/index.php?topic=254525.msg2717910#msg2717910 .


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jspielberg
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July 13, 2013, 06:07:43 AM
 #128

Hey Guys,

I am contemplating the refund.

It is looking for a number of fields:
1) Email... easy
2) Order Id... Assuming he means Order number on our invoice... easy
3) Bitpay url --- I don't have that but I have the txn ID from the transactions pane of the Bitcoin-Qt client
4) Refund Address --- where that heck can I find that?  I assume this is a bitcoin address. Is it in the Bitcoin-Qt client?

Looking for help with number 4 (in case I pull the trigger tomorrow).
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July 13, 2013, 06:27:54 AM
 #129

Hey Guys,

I am contemplating the refund.

It is looking for a number of fields:
1) Email... easy
2) Order Id... Assuming he means Order number on our invoice... easy
3) Bitpay url --- I don't have that but I have the txn ID from the transactions pane of the Bitcoin-Qt client
4) Refund Address --- where that heck can I find that?  I assume this is a bitcoin address. Is it in the Bitcoin-Qt client?

Looking for help with number 4 (in case I pull the trigger tomorrow).

3 open a support ticket with bitpay provide the TX and ask for the invoice/url
4 they need one address to refund you, here is where you want your BTC if you do not control the address/change adress you paid from
jspielberg
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July 13, 2013, 06:45:51 AM
 #130

Hey Guys,

I am contemplating the refund.

It is looking for a number of fields:
1) Email... easy
2) Order Id... Assuming he means Order number on our invoice... easy
3) Bitpay url --- I don't have that but I have the txn ID from the transactions pane of the Bitcoin-Qt client
4) Refund Address --- where that heck can I find that?  I assume this is a bitcoin address. Is it in the Bitcoin-Qt client?

Looking for help with number 4 (in case I pull the trigger tomorrow).

3 open a support ticket with bitpay provide the TX and ask for the invoice/url
4 they need one address to refund you, here is where you want your BTC if you do not control the address/change adress you paid from

Thanks... that clears it up.  I wasn't sure if it had to be a specific refund address, or if any that i own would be fine.
I have opened up a support ticket with bitpay.
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July 13, 2013, 05:31:37 PM
 #131

If I were you I'd submit the google form now at least, I don't think they are going to answer your ticket that quickly. At least fill whatever you can out and submit it.
jspielberg
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July 13, 2013, 05:41:24 PM
 #132

Still mulling my options... this is just one of them... but yes... time is running out on a direction.
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July 13, 2013, 06:23:13 PM
 #133

If I were you I'd submit the google form now at least, I don't think they are going to answer your ticket that quickly. At least fill whatever you can out and submit it.

Where did that google form come from..  Huh
Lasergun
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July 13, 2013, 07:15:57 PM
 #134

If I were you I'd submit the google form now at least, I don't think they are going to answer your ticket that quickly. At least fill whatever you can out and submit it.

Where did that google form come from..  Huh

From the last Avalon news letter: https://forum.btcsec.com/index.php?/topic/652-asic-mainery-ot-avalon/page-48#entry36118


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July 14, 2013, 12:13:20 AM
 #135

I went ahead and submitted my refund request through the google form and also submitted a ticket stating I did so.

I was one of the first Batch 3 orders but I now doubt my ability to make ROI even with "free" electricity.
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July 14, 2013, 01:18:56 AM
 #136

I went ahead and submitted my refund request through the google form and also submitted a ticket stating I did so.

I was one of the first Batch 3 orders but I now doubt my ability to make ROI even with "free" electricity.

Yep same here, submitted ticked for refund, if they offered even 30btc refund we could see ROI.
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July 14, 2013, 06:49:44 AM
 #137

Maybe I am naive but Yifu has been a "stand up" guy so far.  I am holding out hope that those who show faith in Avalon will somehow see returns.  I am not cancelling and am trusting Avalon more than I trust my own math.  I hope I am not making a mistake.  I do not know the solution... maybe they will do nothing, but a product that does not ROI is bad for future customer confidence, one would think.  Maybe he will send the "extra" returned units to the faithful? Smiley

Initially he said he would not honor the messed up batch 2 preorders but then did, in my opinion, the right and moral thing and did honor them.  There are several other examples of Avalon being the morally superior ASIC company and it is because of this record of ethical behavior that I "vote with my bitcoin" and will support Avalon and have faith... possibly (probably) to my own detriment. 
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July 14, 2013, 08:54:01 AM
 #138

Maybe I am naive but Yifu has been a "stand up" guy so far.  I am holding out hope that those who show faith in Avalon will somehow see returns.  I am not cancelling and am trusting Avalon more than I trust my own math.  I hope I am not making a mistake.  I do not know the solution... maybe they will do nothing, but a product that does not ROI is bad for future customer confidence, one would think.  Maybe he will send the "extra" returned units to the faithful? Smiley

Initially he said he would not honor the messed up batch 2 preorders but then did, in my opinion, the right and moral thing and did honor them.  There are several other examples of Avalon being the morally superior ASIC company and it is because of this record of ethical behavior that I "vote with my bitcoin" and will support Avalon and have faith... possibly (probably) to my own detriment. 
I don't think they care about future customer as batch#3 is last batch of miner they sold. In future, there will be only chips. The risk of delay will be partially shared by miner maker who buys their chips.
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July 14, 2013, 12:14:02 PM
 #139

Irrespective of what may or may not be the ROI of batch 3, Avalon has accomplished tremendous things by making their chips available to the masses. I am sure dealing with a lot of customers as a small team is an arduous and difficult task, not withstanding what is at stake here--the metaphor is so far beyond selling shovels in a gold rush. Ultimately I think the future of Avalon is in engineering the ASIC chips and sourcing them to third parties for assembly and handling the customer.

Regardless, I am 100% sure that if you get a working Avalon and plug it in, you will see ROI. The real question is, do you have the capacity to maintain and manage one of these machines for the necessary time interval? This is not child's play, this is bitcoin mining! If you think that having a device generating 80 billion SHA256 hashes per second in your living room isn't going to have an affect on your life, well....

This is the future my humble friends.
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July 14, 2013, 01:18:18 PM
 #140

Am I the only one who is afraid the provided Google refund form might be a scam? I got no newsletter via email and it doesn't seem wise to trust a link who someone just posted on the Internet...

It's sad that even their support system isn't properly secured... (I would prefer SSL encryption at least)
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