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Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 865386 times)
SATOSHl
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January 03, 2014, 05:29:23 AM

New blog UP!!!

http://hashfastscam.wordpress.com/
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January 03, 2014, 05:51:00 AM

Cedivad, you seem to have missed the link below on your list of TOS versions at hashfast.org


Anyways, here is Version 1.C, date 28 August, capped by me on 1 September:

http://www.scribd.com/doc/194609352/Terms-of-Sale-HashFast-Technologies
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January 03, 2014, 05:55:19 AM

Cedivad, you seem to have missed the link below on your list of TOS versions at hashfast.org


Anyways, here is Version 1.C, date 28 August, capped by me on 1 September:

http://www.scribd.com/doc/194609352/Terms-of-Sale-HashFast-Technologies

Thank you for posting this.
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January 03, 2014, 06:01:11 AM

I dunno about any ads on the speedyshare website. I don't see any of it since I have plenty of ad removers installed. If there is a problem with the speedyshare website then I'll just stop using it.

 More-than-likely a false positive. I wouldn't sweat it. The .doc you uploaded is kosher in any event.
What sites can be used that don't employ any crapware wrappers or use any ad pop-ups to give free hosting?

I like Ninja's version as it seems more spot on and comprehensive. (Two forms)
But the old hosting site I used would make it a moot point to make a generic copy to post online.

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January 03, 2014, 06:05:25 AM

I dunno about any ads on the speedyshare website. I don't see any of it since I have plenty of ad removers installed. If there is a problem with the speedyshare website then I'll just stop using it.
More-than-likely a false positive. I wouldn't sweat it. The .doc you uploaded is kosher in any event.
What sites can be used that don't employ any crapware wrappers or use any ad pop-ups to give free hosting?

mega.co.nz is decent.
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January 03, 2014, 06:08:30 AM

Cedivad, you seem to have missed the link below on your list of TOS versions at hashfast.org


Anyways, here is Version 1.C, date 28 August, capped by me on 1 September:

http://www.scribd.com/doc/194609352/Terms-of-Sale-HashFast-Technologies

Also there are a few captures of the ToS from October 29 onwards here
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January 03, 2014, 07:28:55 AM

anyone seen this yet

http://www.extremetech.com/uncategorized/173772-bitcoin-asic-manufacturer-hashfast-facing-lawsuits-over-alleged-false-advertising-fluctuating-bitcoin-prices

hope coin desk does one aswell

MT GOX, WE.exchange (WE.Scam), BFL (Brutally Fkn Last), Hashfast (ScamFast), IceDrill (Licedrill),
No wonder the governments don't like Bitcoin with all these parasites
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January 03, 2014, 07:34:27 AM

Just to check, you guys don't actually have any delusional pipedream about getting your "same number of BTC paid months and months ago" back, do you?

Firstly because they're just going to say that "in bitcoin" means bitcoin as the payment vehicle.  Everything will be valued in USD, which is what they have to pay all 100% of their costs in.

Secondly, because good luck getting bitcoin from them.  Even a child could make it impossible to get and they will be able to recover/launder it back easily.

You should be happy for a USD refund
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January 03, 2014, 07:56:35 AM

LOL at using words like bitcoin and zero risk together.
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January 03, 2014, 08:02:12 AM

Just to check, you guys don't actually have any delusional pipedream about getting your "same number of BTC paid months and months ago" back, do you?

Firstly because they're just going to say that "in bitcoin" means bitcoin as the payment vehicle.  Everything will be valued in USD, which is what they have to pay all 100% of their costs in.

Secondly, because good luck getting bitcoin from them.  Even a child could make it impossible to get and they will be able to recover/launder it back easily.

You should be happy for a USD refund

How do you explain them saying "if you pay 51 btc then you will receive 51 btc as a refund"? They advertised full bitcoin refunds, that's the only reason I (and many others) ordered, it was zero risk. Until they started lying and changing things they said after the fact.

I seriously hope for your sake you're not quoting some nameless tech support person probably outsourced if not minimum wage employee, because that was the *ONLY* time it was ever mentioned or even implied that it would be in the # of BTC's, and that's pretty much as far from binding as you can get.

the ToS wording is explicitly crafted to avoid this situation.  You're not getting your BTC back.  You'll get your USD back.  They're not going to eat a massive loss, or rather, a massive loss of profits.  
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January 03, 2014, 08:12:46 AM

Just to check, you guys don't actually have any delusional pipedream about getting your "same number of BTC paid months and months ago" back, do you?

Firstly because they're just going to say that "in bitcoin" means bitcoin as the payment vehicle.  Everything will be valued in USD, which is what they have to pay all 100% of their costs in.

Secondly, because good luck getting bitcoin from them.  Even a child could make it impossible to get and they will be able to recover/launder it back easily.

You should be happy for a USD refund

How do you explain them saying "if you pay 51 btc then you will receive 51 btc as a refund"? They advertised full bitcoin refunds, that's the only reason I (and many others) ordered, it was zero risk. Until they started lying and changing things they said after the fact.

I seriously hope for your sake you're not quoting some nameless tech support person probably outsourced if not minimum wage employee, because that was the *ONLY* time it was ever mentioned or even implied that it would be in the # of BTC's, and that's pretty much as far from binding as you can get.

the ToS wording is explicitly crafted to avoid this situation.  You're not getting your BTC back.  You'll get your USD back.  They're not going to eat a massive loss, or rather, a massive loss of profits.  

The ToS wording NOW is explicitly crafted to avoid this situation.

Nameless techs, COO, CEO, of the company, how many people need to say btc refunds to make it true?

The ToS I signed said that refunds would be issued according the exchange rate on the DAY ORDERED.

Please post it, i'd love to see objective, proven evidence of this claim.  I've been passively following this situation and while i feel bad for you, many of you look like you're trying to exploit the situation to get 5-10x gains by getting BTC back.

You'll win me over to your camp i guess if you can post this OBJECTIVE EVIDENCE OF THEIR TOS THAT **** EXPLICITALY STATES *** NUMBER OF BITCOIN

REMEMBER : when it say "paid in bitcoin"

BITCOIN IS THE ******VEHICLE******** FOR PAYMENT

it ** NEVER SAID *** that BTC was the VALUE.  they can PAY IN BITCOIN and USE USD VALUE AS THE QUANTITY

call me a shill or whatever, i never bothered with hashfast shit, i figured them too shady early on, same with BFL, although I admit i was pretty close to ordering with both

you'd do well to remember bitcoin (especially the mining community) is a community of thieves, liars, cheats, disinfo agents, charlatans, scammers, shitbags and generally detestable people.  the fact of the matter is there's only been one single fucking manfuactuer that hasn't broken this trend yet (Avalon, BFL, Hashfast, etc all have proven it true) and that's still with a sample size of n=1
ecliptic
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January 03, 2014, 08:15:58 AM

Just to check, you guys don't actually have any delusional pipedream about getting your "same number of BTC paid months and months ago" back, do you?

Firstly because they're just going to say that "in bitcoin" means bitcoin as the payment vehicle.  Everything will be valued in USD, which is what they have to pay all 100% of their costs in.

Secondly, because good luck getting bitcoin from them.  Even a child could make it impossible to get and they will be able to recover/launder it back easily.

You should be happy for a USD refund

How do you explain them saying "if you pay 51 btc then you will receive 51 btc as a refund"? They advertised full bitcoin refunds, that's the only reason I (and many others) ordered, it was zero risk. Until they started lying and changing things they said after the fact.

I seriously hope for your sake you're not quoting some nameless tech support person probably outsourced if not minimum wage employee, because that was the *ONLY* time it was ever mentioned or even implied that it would be in the # of BTC's, and that's pretty much as far from binding as you can get.

the ToS wording is explicitly crafted to avoid this situation.  You're not getting your BTC back.  You'll get your USD back.  They're not going to eat a massive loss, or rather, a massive loss of profits.  

The ToS wording NOW is explicitly crafted to avoid this situation.

Nameless techs, COO, CEO, of the company, how many people need to say btc refunds to make it true?

The ToS I signed said that refunds would be issued according the exchange rate on the DAY ORDERED.

Please post it, i'd love to see objective, proven evidence of this claim.  I've been passively following this situation and while i feel bad for you, many of you look like you're trying to exploit the situation to get 5-10x gains by getting BTC back.

You'll win me over to your camp i guess if you can post this OBJECTIVE EVIDENCE OF THEIR TOS THAT **** EXPLICITALY STATES *** NUMBER OF BITCOIN

REMEMBER : when it say "paid in bitcoin"

BITCOIN IS THE ******VEHICLE******** FOR PAYMENT

it ** NEVER SAID *** that BTC was the VALUE.  they can PAY IN BITCOIN and USE USD VALUEAS THE QUANTITY

It's all posted already:

https://bitcointalk.org/index.php?topic=391251.0



Yeah i saw it

Sorry to break it to you guys but

>In response to an email sent to the support on 08/16/13:

That's not the ToS.  That's not legally binding.  that's literally less than nothing.  If that is all you have to go on, you have zero fucking chance of getting your BTC # back.

Again, i hope for your sake you have something concrete.  Otherwise take your USD and suck it up.  You could have been handed a worse hand, you could have been BFL'd

BTW

"

Orders are taken in BTC, in the unlikely event we get to refunds they will be given in BTC.
"


That doesn't mean # BTc.  that means you'll get BTC, if it says "full value" that implies USD, what they pay 100% of their costs in, and what you measure profit in.

Actually now i'm wondering if some of you actually tried to use this as a HEDGE, thinking you could cash out BTC back 1:1 in the most volatile exchange market in the history of fucking mankind.
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January 03, 2014, 08:23:55 AM

Just to check, you guys don't actually have any delusional pipedream about getting your "same number of BTC paid months and months ago" back, do you?

Firstly because they're just going to say that "in bitcoin" means bitcoin as the payment vehicle.  Everything will be valued in USD, which is what they have to pay all 100% of their costs in.

Secondly, because good luck getting bitcoin from them.  Even a child could make it impossible to get and they will be able to recover/launder it back easily.

You should be happy for a USD refund

How do you explain them saying "if you pay 51 btc then you will receive 51 btc as a refund"? They advertised full bitcoin refunds, that's the only reason I (and many others) ordered, it was zero risk. Until they started lying and changing things they said after the fact.

I seriously hope for your sake you're not quoting some nameless tech support person probably outsourced if not minimum wage employee, because that was the *ONLY* time it was ever mentioned or even implied that it would be in the # of BTC's, and that's pretty much as far from binding as you can get.

the ToS wording is explicitly crafted to avoid this situation.  You're not getting your BTC back.  You'll get your USD back.  They're not going to eat a massive loss, or rather, a massive loss of profits.  

The ToS wording NOW is explicitly crafted to avoid this situation.

Nameless techs, COO, CEO, of the company, how many people need to say btc refunds to make it true?

The ToS I signed said that refunds would be issued according the exchange rate on the DAY ORDERED.

Please post it, i'd love to see objective, proven evidence of this claim.  I've been passively following this situation and while i feel bad for you, many of you look like you're trying to exploit the situation to get 5-10x gains by getting BTC back.

You'll win me over to your camp i guess if you can post this OBJECTIVE EVIDENCE OF THEIR TOS THAT **** EXPLICITALY STATES *** NUMBER OF BITCOIN

REMEMBER : when it say "paid in bitcoin"

BITCOIN IS THE ******VEHICLE******** FOR PAYMENT

it ** NEVER SAID *** that BTC was the VALUE.  they can PAY IN BITCOIN and USE USD VALUEAS THE QUANTITY

It's all posted already:

https://bitcointalk.org/index.php?topic=391251.0



Yeah i saw it

Sorry to break it to you guys but

>In response to an email sent to the support on 08/16/13:

That's not the ToS.  That's not legally binding.  that's literally less than nothing.  If that is all you have to go on, you have zero fucking chance of getting your BTC # back.

Again, i hope for your sake you have something concrete.  Otherwise take your USD and suck it up.  You could have been handed a worse hand, you could have been BFL'd

BTW

"

Orders are taken in BTC, in the unlikely event we get to refunds they will be given in BTC.
"


That doesn't mean # BTc.  that means you'll get BTC, if it says "full value" that implies USD, what they pay 100% of their costs in, and what you measure profit in.

Actually now i'm wondering if some of you actually tried to use this as a HEDGE, thinking you could cash out BTC back 1:1 in the most volatile exchange market in the history of fucking mankind.  That would be fucking stupid of you

You're being a serious tool. There have been numerous quotes and examples of communications from the company which will be seen as a valid offer before all these attempts to cover their ass recently. The reason they will have a good chance of getting their original payment back is because they gave up xx bitcoins to make the purchase, and to be made whole, they need to receive xx bitcoins back. It could be a crapshoot either way, but your attitude is totally uncalled for. These people are victims of a scam. When they made the purchase they HAD xx bitcoins. They will not profit by getting them back, they will be getting back what they paid. Accepting usd value of a modified conversion rate now would be a tremendous LOSS for them, not the other way around in your warped mind where they "cash out" "5-10x" gains.
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January 03, 2014, 08:36:04 AM

Thanks ninjarobot for the template Smiley +1

Looks like tomorrow morning I have something to mail.


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January 03, 2014, 08:40:09 AM

looks like they ignore all refund request according their former TOS versions. but this is not important. we agreed to the initial TOS. nothing else. don't hit the trap with the new refund contract!
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January 03, 2014, 08:47:15 AM

+1  well done !  Grin
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January 03, 2014, 08:55:39 AM

Just to check, you guys don't actually have any delusional pipedream about getting your "same number of BTC paid months and months ago" back, do you?

Firstly because they're just going to say that "in bitcoin" means bitcoin as the payment vehicle.  Everything will be valued in USD, which is what they have to pay all 100% of their costs in.

Secondly, because good luck getting bitcoin from them.  Even a child could make it impossible to get and they will be able to recover/launder it back easily.

You should be happy for a USD refund

How do you explain them saying "if you pay 51 btc then you will receive 51 btc as a refund"? They advertised full bitcoin refunds, that's the only reason I (and many others) ordered, it was zero risk. Until they started lying and changing things they said after the fact.

I seriously hope for your sake you're not quoting some nameless tech support person probably outsourced if not minimum wage employee, because that was the *ONLY* time it was ever mentioned or even implied that it would be in the # of BTC's, and that's pretty much as far from binding as you can get.

the ToS wording is explicitly crafted to avoid this situation.  You're not getting your BTC back.  You'll get your USD back.  They're not going to eat a massive loss, or rather, a massive loss of profits.  

The ToS wording NOW is explicitly crafted to avoid this situation.

Nameless techs, COO, CEO, of the company, how many people need to say btc refunds to make it true?

The ToS I signed said that refunds would be issued according the exchange rate on the DAY ORDERED.

Please post it, i'd love to see objective, proven evidence of this claim.  I've been passively following this situation and while i feel bad for you, many of you look like you're trying to exploit the situation to get 5-10x gains by getting BTC back.

You'll win me over to your camp i guess if you can post this OBJECTIVE EVIDENCE OF THEIR TOS THAT **** EXPLICITALY STATES *** NUMBER OF BITCOIN

REMEMBER : when it say "paid in bitcoin"

BITCOIN IS THE ******VEHICLE******** FOR PAYMENT

it ** NEVER SAID *** that BTC was the VALUE.  they can PAY IN BITCOIN and USE USD VALUEAS THE QUANTITY

It's all posted already:

https://bitcointalk.org/index.php?topic=391251.0



Yeah i saw it

Sorry to break it to you guys but

>In response to an email sent to the support on 08/16/13:

That's not the ToS.  That's not legally binding.  that's literally less than nothing.  If that is all you have to go on, you have zero fucking chance of getting your BTC # back.

Again, i hope for your sake you have something concrete.  Otherwise take your USD and suck it up.  You could have been handed a worse hand, you could have been BFL'd

Sorry, but I will not accept anything less than a full btc refund. They were asked dozens of times. They had plenty of opportunity to clarify themselves. You can't advertise one thing even if your TOS says another. That's called, false advertising. I can't say, "Buy my product it cures cancer" and then put a TOS saying "This product is not intended to cure cancer". Advertisements are indeed binding terms.

There's also this:

https://bitcointalk.org/index.php?topic=270384.msg2903338#msg2903338

Then, the TOS:

http://pastebin.com/EfS9vmRf

Please show me where in the TOS it says anything about USD equiv refunds.

I guess though according to you we should just allow people to pull Tom / bAsic scams. Tom from basic took around 35,000 coins in orders, he did zero, literally no, work, at all, in the design of an asic, then refunded everyone USD value (10%) of their coins and kept the 90% for himself. The guy is now a multi-millionaire and did nothing. According to you, the best way to make money would be to start an asic company, take usd purchases for machines that will never exist, wait for bitcoin value to go up 10 or 20%, then refund everyone usd value.

Here in the realpolitik world, that's a very true, empirically tested, statement.

Although maybe BFL made more $ with their scam, dunno.  Certainly though scamsters and frauds make bank

KNC probably has made the least money of any of the  big mining companies to date

anyway I wish you luck in getting your money/vegence on them, i just don't think you have good odds.  They've been playing a long con, and they prepared for your manuevers.  Seems to me all the Legal (ToS) is worded explicitly so they profit, no matter if BTC goes up or down.
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January 03, 2014, 09:57:25 AM

WAWW  Grin great !  i like this one too   :   http://hashfastscam.wordpress.com/2014/01/02/scam-starts-at-the-top-with-ceo-of-hashfast/
 Grin
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January 03, 2014, 10:13:31 AM

looks like they ignore all refund request according their former TOS versions. but this is not important. we agreed to the initial TOS. nothing else. don't hit the trap with the new refund contract!
Seconded.

If you have to, type one up. It's better than signing their own Rights-Stripped-and-Bent-Over version.

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Worldcore
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cedivad
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January 03, 2014, 10:43:12 AM

looks like they ignore all refund request according their former TOS versions. but this is not important. we agreed to the initial TOS. nothing else. don't hit the trap with the new refund contract!

It is important because we all have to get ready to proceed against them legally. As i keep saying from months, a simple treat won't do it. Especially with Eduardo something DeCastro

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
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