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Author Topic: Avalon Store Batch 3 Status just went to "Refund Processing" - now "Completed"  (Read 19727 times)
peasant
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August 20, 2013, 04:45:18 PM
 #261

Bitcoin has become just a bunch of sad stories of greed and scamming. Don't know how anyone in their right mind would spend a penny on custom hardware these days. I guess my initial feeling about them became true after batch #1.
btcsql
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August 20, 2013, 11:19:38 PM
 #262

has anyone gotten their refund yet?
AsicShill
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August 21, 2013, 12:06:59 AM
 #263

has anyone gotten their refund yet?

If the OP hasn't been updated... then no.
jspielberg (OP)
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August 21, 2013, 02:38:11 AM
 #264

has anyone gotten their refund yet?

If the OP hasn't been updated... then no.

That is correct.  I have heard of no new reports of refunds being issued other than the one listed in the first post.
Rampion
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August 21, 2013, 07:45:41 AM
 #265

Not a single refund yet. Bitsyncom, care to explain what is going on?

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August 21, 2013, 10:21:19 AM
 #266

Are there news of the backbuy of old miners? He listed that task before the refunds so maybe he works on that?

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jspielberg (OP)
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August 21, 2013, 12:25:15 PM
 #267

The latest news can be seen at http://www.avalon-asics.com/

Most folks seem unsatisfied with this update though chip orders are starting to get shipped out slowly (Zefir's batch 2 now has a tracking number).
He mentions only that trade-ins and refunds are "being processed".  Frankly I think that is code for ... "we have done one of each so we can say we did something on this task to keep the wolves at bay".

The wolves are baying.
DigitalHermit
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August 21, 2013, 02:35:42 PM
 #268

Not a single refund yet. Bitsyncom, care to explain what is going on?

It's simple really: Bitsyncom does not have sufficient funds available to provide the refund at this time.

What other possible explanation could there be? (I'm all ears)

If this is true, the only ones who will ever see their money back (even if it is less than 100% ROI) are the ones who took delivery.
Bitcoinorama
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August 21, 2013, 03:19:42 PM
 #269

Not a single refund yet. Bitsyncom, care to explain what is going on?

It's simple really: Bitsyncom does not have sufficient funds available to provide the refund at this time.

What other possible explanation could there be? (I'm all ears)

If this is true, the only ones who will ever see their money back (even if it is less than 100% ROI) are the ones who took delivery.

Potentially he has no control over the wallet, as he suggested, and refuses to pay for refunds out of his own accumulated funds.

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SebastianJu
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August 21, 2013, 06:17:58 PM
 #270

One chip batch alone would make him able to refund 7 batch 3 miners with all 4 modules. And he sold a lot batches. So i really doubt he is short on bitcoins.

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Bitcoinorama
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August 21, 2013, 06:50:47 PM
 #271

One chip batch alone would make him able to refund 7 batch 3 miners with all 4 modules. And he sold a lot batches. So i really doubt he is short on bitcoins.

No, but if someone else was pulling the purse strings would you want to pay out of your own pocket?

I mean this is what it has to come down to, there's no other excuse for making people wait this long, unless you're a total [apply imagination].

Something severely amiss, and no one is being forthcoming, purposefully...

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btcsql
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August 21, 2013, 08:12:48 PM
 #272

I got a pm from xiangfu asking me for my tx id and my order #, in order to help expedite the process. I hope this helps. I could really use my coins back.
ProfMac
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August 21, 2013, 08:48:37 PM
 #273

I got a pm from xiangfu asking me for my tx id and my order #, in order to help expedite the process. I hope this helps. I could really use my coins back.

Thank you for posting.

I try to be respectful and informed.
Bitcoinorama
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August 21, 2013, 09:18:38 PM
 #274

I got a pm from xiangfu asking me for my tx id and my order #, in order to help expedite the process. I hope this helps. I could really use my coins back.

Good news then, always welcome to see! Wink

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jspielberg (OP)
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August 22, 2013, 02:13:10 AM
 #275

I got a pm from xiangfu asking me for my tx id and my order #, in order to help expedite the process. I hope this helps. I could really use my coins back.

Welcome news btcsql.

I am looking forward to putting your refund notice on the OP.
Anenome5
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August 22, 2013, 02:27:25 AM
 #276

Not a single refund yet. Bitsyncom, care to explain what is going on?

It's simple really: Bitsyncom does not have sufficient funds available to provide the refund at this time.

What other possible explanation could there be? (I'm all ears)

If this is true, the only ones who will ever see their money back (even if it is less than 100% ROI) are the ones who took delivery.
Well, cynical as it sounds, perhaps they decided to let you refunders get first crack at their gen-2, maybe they're going to offer you to simply transfer your BTC over. What better way to both make it up to you (they may think) and also make it easy for you, by keeping the BTC you've already given them?

Just a theory.

Democracy is the original 51% attack.
jspielberg (OP)
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August 22, 2013, 02:33:03 AM
 #277

I got a pm from xiangfu asking me for my tx id and my order #, in order to help expedite the process. I hope this helps. I could really use my coins back.

Strange the request came from xiangfu and not yifu.

I would think yifu would be needed to authorize all the refunds (1000s of btc involved).
ftping
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August 22, 2013, 12:12:21 PM
 #278

I got a pm from xiangfu asking me for my tx id and my order #, in order to help expedite the process. I hope this helps. I could really use my coins back.

Why do they need your order # and tx id again? Did you not fill out the Google form last month?
Rampion
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August 22, 2013, 12:15:40 PM
 #279

"refunds are being processed" (Avalon statement on August, 19th)

Not a single refund reported.

What a bad joke.

btcsql
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August 22, 2013, 12:16:08 PM
 #280

I got a pm from xiangfu asking me for my tx id and my order #, in order to help expedite the process. I hope this helps. I could really use my coins back.

Why do they need your order # and tx id again? Did you not fill out the Google form last month?


Not sure to be honest, I did fill out the google form.
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