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Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 875472 times)
PuertoLibre
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January 14, 2014, 08:49:20 PM
 #7021

Just a quick question. If hashfast converted the btc he received for payment into USD then how is he supposed to pay back the same btc at todays rates. For example, lets say he received 8 million in payments and half of that was Btc, to pay back half of that at todays rates would mean he now owes everyone 40 million in btc.
you have to stop "thinking" in USD. hashfast received BTC and shouldv'e kept those, for refunds. simple as that. they don't care about other currency's value, so we don't as well.
You could also subpoena Hashfast records and hire an investigator to comb through HashFasts BTC transactions log to figure out what happened to the BTC.

If any of it was left in storage in some wallet then that means HashFast is able to issue (you) a refund. It also means that if they elect to change the remaining (assumed property) to cash they would be seriously enriching themselves.

If you got a crafty lawyer who'd bleed your pockets dry by hiring all the right people, you could certainly point to a HashFast owned BTC wallet and state they have the property in their possession to return it. Making the USD refund a moot point.

I recall vaguely someone pointed out a BTC address had 2 or 3 thousand BTC in it. Someone else commented that was probably enough to refund just their order. (Somewhere earlier in this thread)

So if there is that kind of evidence laying around, it would mean HashFast has not converted the entirety of it's customers property to USD.

=====================

I recall the earlier conversation was somewhere around the spat that a rep had alleged something about black mailing. (I don't recall)


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cedivad
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January 14, 2014, 08:54:57 PM
 #7022

The point is much easier. They promised, via their tos and their words, to give BTC refunds. Now they are trying to issue USD ones. As they know, they can only win it if their customers are fool enough to accept it.

Once that their customers will force them to issue what they promised, they will either pay, find an agreement (like hardware), or close business.

And i think that many anticipates to start penal procedures if everything else fails. Just because it would be fair and again, we have enough data to support it.

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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January 14, 2014, 09:01:34 PM
 #7023

how far do you think it is from the bulk order point for boards direct from HF?  It's not that far.

So you are claiming that HF is selling in hand hardware, 550 GH of it (that should be the final figure per board, to anyone interested), at 900$.
**See Post #7047

What price would you dump inferior products for?  (their only specked to 400GH/s remember)

What price per board did you pay on your bulk order??  You have been refunded already, correct?  Thus no more NDA, so please share...
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January 14, 2014, 09:16:19 PM
 #7024

I don't think i should add useless content to the thread, but yet... Boring.
I don't have signed any NDA, i don't have received a refund, and i paid the full price, mine wasn't a bulk order. Oh, yes, and you are selling an in hand product for 900$. Maybe you are this new to this community not to know the difference?

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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January 14, 2014, 09:31:52 PM
 #7025

Oh, yes, and you are selling an in hand product for 900$.
Qualify your false statement;
My being new to the forum is one thing (New doesn't mean I have not read all posts)
My posting a link addressing a topic pertaining to a point of order that you find distasteful is another

As are your false claims that I am selling something which I am not.
 
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January 14, 2014, 09:36:58 PM
 #7026

FWIW, there doesn't seem to be a way to even place an order via the rather seedy seeming HF motherboard selling page.  My best, totally speculative, WAG is that someone is fake-selling those not to scam people buying them but rather to either produce drama for their own amusement ... or to convince people to take refunds.

If someone does have working 400GH/s mining boards, that price isn't actually bad. I'll buy a bunch of 'em at that price, if you don't mind me coming to pick them up and inspecting each unit. Alas, it doesn't seem to be real. Smiley

Bitcoin will not be compromised
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January 14, 2014, 10:00:30 PM
 #7027

As indicated previously, I spoke with them repeatedly Friday and asked the sales rep to walk back and physically confirm how many were on the shelf... I was told 5 and that I could pick up Monday.  Have been attempting to arrange for colleagues' to get up there as I feel its important with what all is going on...  Its about a days drive for me however if someone is close please PM and we'll see if we can catch a mythical GN  Grin
cedivad
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January 14, 2014, 10:02:28 PM
 #7028


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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January 14, 2014, 10:11:52 PM
 #7029

+1

It's a Love Love relation ship, LOL


Moving forward ~So talk is cheap...  Actions speak louder blah, blah
What's better than going and knocking on the door?  Anybody have an issue with that -explain please.
Have any of the might forum within range gotten off their keyboards and banged on HF's doors yet?  [Tongue & Cheek]

That's how we used to do it.
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January 14, 2014, 10:50:20 PM
 #7030

I don't give a damn about that link.  I'm more interested in "forced refund" reports from the wild, to see if we can establish a pattern.  If I understand things correctly, they seem to be performing "forced refunds" mainly on US-based customers that paid in BTC?  Are there any other instances?

Tell you what, HashAss, since we know you read this thread like a hawk.  To save us both the pain, I'll take a "forced refund", $2 on the $1, of course including the upgrade card and of course including shipping.  Good riddance.  Otherwise I plan to be a thorn in your side.
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January 14, 2014, 10:51:53 PM
 #7031

Gmaxwell:  What is the point of having a newbie section if you're going to let hordes of them arrive everyday and troll?

Ignore is only useful when people don't return with alts every few days.

The mods do sleep.

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January 14, 2014, 10:54:46 PM
 #7032

I don't give a damn about that link.  I'm more interested in "forced refund" reports from the wild, to see if we can establish a pattern.  If I understand things correctly, they seem to be performing "force refunds" mainly on US-based customers that paid in BTC?  Are there any others instances?

Another data point. Canadian customer. Requested BTC refund on my own terms. HF release NOT signed.

USD refund received today via FEDEX for 2 BJ orders (5600+210+5%=$6100 each). Upgrade kits were not refunded.
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January 14, 2014, 10:56:18 PM
 #7033

Gmaxwell:  What is the point of having a newbie section if you're going to let hordes of them arrive everyday and troll?
Ignore is only useful when people don't return with alts every few days.
The mods do sleep.
Then give me a mod delete button and I will make threads here like Cole's Notes.   KNC will be 8 pages TOTAL (because that is how many pages of information there are in 1400 pages).   

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January 14, 2014, 10:58:37 PM
 #7034

Protip: if you send a refund letter to all of your BTC customers at the same point in time starting from SF it will take more time to reach the old continent rather than the USA or CA.

Just saying.

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
Minor Miner
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January 14, 2014, 11:00:44 PM
 #7035

OK Back on topic.
The website in Canada is fake.   There is no building at the address listed and the postal code is from another part of town.   Drop that.
More importantly, we have Americans (several) and now at least one Canadian that has a Batch 1 forced refund.  So, we know it is NOT confined to just the Americans.   HAS ANYONE IN BATCH II received a refund that was not requested (also interested in hearing about people who received a requested one though).

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January 14, 2014, 11:10:23 PM
 #7036

OK Back on topic.
The website in Canada is fake.   There is no building at the address listed and the postal code is from another part of town.   Drop that.
More importantly, we have Americans (several) and now at least one Canadian that has a Batch 1 forced refund.  So, we know it is NOT confined to just the Americans.   HAS ANYONE IN BATCH II received a refund that was not requested (also interested in hearing about people who received a requested one though).

AFAIK Canada is in North America which IMO makes them American too.

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January 14, 2014, 11:15:47 PM
 #7037

AFAIK Canada is in North America which IMO makes them American too.
This speaks more to your education than to the point at hand.   Refunds are NOT confined to US citizens or residents.   So, let's figure out if they are confined to Batch I.

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January 14, 2014, 11:17:59 PM
 #7038

Just got an illumination - what about proving that they sent the check only to BTC customers and not USD ones? Naturally, if they send it to USD customers tomorrow, it's still too late.

You could be proving, like if we needed it, that they think BTC customers to deserve a different treatment than USD customers.

Win.

(now, how to prove this? Uhm...)

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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January 14, 2014, 11:19:35 PM
 #7039

AFAIK Canada is in North America which IMO makes them American too.
This speaks more to your education than to the point at hand.   Refunds are NOT confined to US citizens or residents.   So, let's figure out if they are confined to Batch I.
Is there anyone in Batch 2 through 4 that is happy with the latest turn of events? Or are you just waiting your turn?

Whats your game plan Batch 2 through 4 customers?


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GUTS
    ███
███
███
███
███
███
███
███
███
███
███
███
███
███
   
smart-ticket protocol for events
live product with market traction!
    ███
███
███
███
███
███
███
███
███
███
███
███
███
███
   
  BTC ANN
  WEBSITE
  BLOG
   
  SANDBOX
  WHITEPAPER
  BOUNTY
   
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January 14, 2014, 11:22:52 PM
 #7040

AFAIK Canada is in North America which IMO makes them American too.
This speaks more to your education than to the point at hand.   Refunds are NOT confined to US citizens or residents.   So, let's figure out if they are confined to Batch I.
Is there anyone in Batch 2 through 4 that is happy with the latest turn of events? Or are you just waiting your turn?

Whats your game plan Batch 2 through 4 customers?
The current plan is to drive to SF later this week and knock on as many of their doors as I have addresses for.
 
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