Incoming Avalon News 8/9/2013

[Unacceptable]

Ok found it , yes he is 1 cool guy. More will buy things from him in the future and some may asked him to be their escrow guy

You really really really like me.

Escrow I always use JohnK... our whole COOP was "escrow" for the customer BTC but that was part of the delay dealing with 3 different nationals to get all the refunds out to our customers.

Also let me clarify how our group buy and K1 sales are different than others:

The cooperative to which we belong purchased 10K chip lot from Avalon. I handled the coins and paid Avalon. We then were going to take our chips and fabricate all into K1s and have our special 50 Port Hub work as a board so we could do density mining and sell off whatever else the market wanted. We pre-sold the K1s knowing our coop members had already promised to cover the costs of production of each and everyone of the K1s. So those who bought from us through our store were protected against such an event no matter how many units they bought 1 or 10 or 10,000. By the last week of July we were still waiting on the earlier chip buys and we were still trying to source a few parts but had the fabrication ready to roll in a 1 week window as soon as we had all our components enough for 11K of Klondike Nanos. But given that no chips had arrived and the developer chips were 3 weeks late we just made the sane choice and on August 5th we asked for a refund via support ticket. We informed BKKCoins soon after as we were still hoping to pass along 11K to him for making all our K1s... that is the sad part of the whole story.

We refunded everyone who prepaid for the K1s from our store but we are still waiting to refund our own members for the Avalon chips. 25 days still no reply from Avalon and that is where I want a reply soon or we release the Legal Kracken.

I thought of this  



As said before,if more companies were "straight shooters",we wouldn't be in this mess,over & over.....  

[Ente]

Will the group for razingbull, zefir, sebastian, steamboat and a few of the others please acknowledge when they received the Full refund from Yifu please posts your comments here? When could we get these Full Refund?

They all seems to stay very quiet in here. When they need the group buy Wow they are highly Active promoting their group buy. But when time to get a refund most of them are very low key.

Have they received the refund from Yifu?

No chip order received refunds.
The whole thing started when, yesterday, right?
Leave ZEfir, Sebastian and the others alone (at this point), or you will look foolish.

Ente

[Bitcoinorama]

Will the group for razingbull, zefir, sebastian, steamboat and a few of the others please acknowledge when they received the Full refund from Yifu please posts your comments here? When could we get these Full Refund?

They all seems to stay very quiet in here. When they need the group buy Wow they are highly Active promoting their group buy. But when time to get a refund most of them are very low key.

Have they received the refund from Yifu?

I've had frequent PMs with Seb Ju and Bicknellski and can confirm they have bee very proactive with respect to the handling of the situation.

Zefir and Steamboat have both been exemplorary with their communication.

Unfortunately they are stuck between a rock and a hard place. Either they show vocal distain like many of their group buy customers and risk aggrivating Yifu's 'chi', resulting in a complete wall of silence for weeks on end, which is totally insane. He is behaving like a prima donna.

Bitsyncom's handling of both communication and funds has been appauling at best, fraudulant at worst, but the aforementioned group buy leaders want full refunds as much as anyone else, for the most part they are the largest private purchasers within their own group buys themselves.

Tip-toeing on eggshells springs to mind.

Whilst you do appear to serve some limited purpose in reminding people to be cautious eve, this situation requires a little more tact, than baseless accusations upon individuals that have been forced into a situation I think we could all pretty much agree they wulfd rather not be experiencing. So with all due respect, back off the group buy organisers.

[smoothie]

My thinking is that if we keep calling him, leaving him voicemails and pressuring him to address the issues he will step up.

How long before he changes phone number?

spiccioli

that number stopped forwarding a while ago, since people are so hell bend on thinking we are selling chips to somebody in china first I'll address that.

there is a lot of people who bought chips purely for reselling, however the stock is 10k or so at most like all the other orders. I hope people did not think only people outside of china bought Avalon chips. ( out of the 800k chips, more than 50% are chinese orders.)

In addition, these resellers only have small quantity of chips ( since we didn't ship that many yet.) whether is alibaba or the chinese forums, I'd love to see anyone make a large purchase from these "resellers", because they simply do not have the chips, despise what they may advertise.

In other news, we are shipping as per usual like our last update and are doing the best we could but probably simply going to offer full refund soon, I am tired of this toxic community malformed by greed.

Wow man. I thought you were a level headed guy at the bitcoin conference.

But that statement takes the cake.

QUESTION: Who stood to benefit the most from AVALON chip and rig sales?

ANSWER: You and your team.

[Bicknellski]

We made a refund ticket also yesterday for our single 10k chip order, however so far nothing has happened.

Been waiting since August 5th for 10K lot refund ticket to be answered Sam just wanted to give you a heads up maybe others have posted tickets and have been waiting longer than us via the support ticket system for a reply. I update it weekly will add additional notes or information just for the sake future suits that might be required for example Zefirs thread and the reply from Yifu. I wish you and your group luck.

[stereotype]

My thinking is that if we keep calling him, leaving him voicemails and pressuring him to address the issues he will step up.

How long before he changes phone number?

spiccioli

that number stopped forwarding a while ago, since people are so hell bend on thinking we are selling chips to somebody in china first I'll address that.

there is a lot of people who bought chips purely for reselling, however the stock is 10k or so at most like all the other orders. I hope people did not think only people outside of china bought Avalon chips. ( out of the 800k chips, more than 50% are chinese orders.)

In addition, these resellers only have small quantity of chips ( since we didn't ship that many yet.) whether is alibaba or the chinese forums, I'd love to see anyone make a large purchase from these "resellers", because they simply do not have the chips, despise what they may advertise.

In other news, we are shipping as per usual like our last update and are doing the best we could but probably simply going to offer full refund soon, I am tired of this toxic community malformed by greed.

Wow man. I thought you were a level headed guy at the bitcoin conference.

But that statement takes the cake.

QUESTION: Who stood to benefit the most from AVALON chip and rig sales?

ANSWER: You and your team.

He has conclusively secured a future where those words are going to be Royally rammed, right back down his throat, where ever he shows his sorry arse.

I can see the T-Shirts now...... YIFU - Yes I Fucked Up

[HeRetiK]

I should have these signs printed around our office so people can be careful when they visit us.

ABANDON SHIP!!!!

[Xialla]

I am tired of this toxic community malformed by greed.

.)) you kidding me chinese kid, right? maybe you are just stupid or completely lost your mind, bud please let me remind you your funny page:

Code:

The no bullshit, no fine print terms of sale:

5. the lead time on the chips is 9 to 10 weeks

source: http://store.avalon-asics.com/?page_id=9605

so, as you can see, there was a deal and you simply breach one of points defined by you..and now, after couple of weeks of delay, you have a courage to post something about greed? omfg, refund everybody and go away..

[Stack]

I am tired of this toxic community malformed by greed.

.)) you kidding me chinese kid, right? maybe you are just stupid or completely lost your mind, bud please let me remind you your funny page:

Code:

The no bullshit, no fine print terms of sale:

5. the lead time on the chips is 9 to 10 weeks

source: http://store.avalon-asics.com/?page_id=9605

so, as you can see, there was a deal and you simply breach one of points defined by you..and now, after couple of weeks of delay, you have a courage to post something about greed?
omfg, refund everybody and go away..

+1 Hundred Million

[FTWbitcoinFTW]

I am tired of this toxic community malformed by greed.

.)) you kidding me chinese kid, right? maybe you are just stupid or completely lost your mind, bud please let me remind you your funny page:

Code:

The no bullshit, no fine print terms of sale:

5. the lead time on the chips is 9 to 10 weeks

source: http://store.avalon-asics.com/?page_id=9605

so, as you can see, there was a deal and you simply breach one of points defined by you..and now, after couple of weeks of delay, you have a courage to post something about greed?
omfg, refund everybody and go away..

+1 Hundred Million

[MinermanNC]

Given that most us will never buy the Avalon Chips if there were no group buy, the moderators must keep their side of the bargain and refund in full amount to those who join their group buy. The only 1 so far who is ethical and will honour the refund  is Zefir, he wrote to Yifu and got a reply. Sebastian and Steamboat has already make good profit's from their numerous group buys would you all please be considerate and be a great gentleman and refund back their money.

Bicknellski refunded everyone in his group:
https://bitcointalk.org/index.php?topic=251831.0

I'm not part of his group, but have crossed a few paths with him thoughout this chip ordeal, but ya got to hand it to the guy, Bicknellski is so professional and genuine. We need more like him in this community, as he certainly raises the bar for the rest of us. 

You know what I think MOST of us posting are trying to do the right thing and that to me is professional and genuine... gullible is also another adjective for us as well unfortunately we believed and really should have listened to the Batch 1 to 3 people and their issues rather than simply assuming those damn chips being delivered would be a cakewalk.

Hind sight is always 20/20 Yet life is always a little bit of chance and risk I guess, especially when there is no clear way forward, no road map to follow as in the world of Bitcoin

[HorseRider]

I am tired of this toxic community malformed by greed.

.)) you kidding me chinese kid, right? maybe you are just stupid or completely lost your mind, bud please let me remind you your funny page:

Code:

The no bullshit, no fine print terms of sale:

5. the lead time on the chips is 9 to 10 weeks

source: http://store.avalon-asics.com/?page_id=9605

so, as you can see, there was a deal and you simply breach one of points defined by you..and now, after couple of weeks of delay, you have a courage to post something about greed? omfg, refund everybody and go away..

Avlaon team, including the Yifu Guo and ngzhang(张楠庚, aka 南瓜）, is a kind of low life, who breaks their own promise as often as they fucking their own ass.

[SebastianJu]

Given that most us will never buy the Avalon Chips if there were no group buy, the moderators must keep their side of the bargain and refund in full amount to those who join their group buy. The only 1 so far who is ethical and will honour the refund  is Zefir, he wrote to Yifu and got a reply. Sebastian and Steamboat has already make good profit's from their numerous group buys would you all please be considerate and be a great gentleman and refund back their money.

What the... do you actually inform yourself before you accuse other people? I was behind this all the time beneath the work with the groupbuy and it was really stress to run after Yifu. I sent him many tickets and pm's, i called him for days every hour 2-4 times. After some time i realized he wont answer me anymore. I cant understand this behaviour.

Regarding your claim the groupbuy organizers draw you into their groupbuy... What are you saying? I clearly stated everybody has to make his calculations on its own. And now you act like a child who was tricked into taking part in something? Please grow up.

And of course i try to get a refund. Now, after hours of reading through the wishes of the members of my groupbuy i find the time to read this thread and i see accusations that im too silent in this thread? Man, im tired to defend myself to people that doesnt even bother if their claims are true.

[bigbeninlondon]

Man, im tired to defend myself to people that doesnt even bother if their claims are true.

I wonder if this is exactly how Bitsyncom feels.  Don't mean to kick the hornet's nest, but there's a lot of speculation and accusation going on in this thread and others that is generally baseless as hell.  The only two gripes we REALLY have are that the chips weren't delivered on time and Yifu has been very begrudging with information on his side.  All this talk about reselling chips and making insane profits and mining with CHIPS that have to be SODERED ONTO A BOARD before they work is just that; talk.  Can we please maintain a level head in all of this?  Yifu has already stated he's looking into refunds.  That's an acknowledgement that shit went wrong and an attempt to rectify the situation.  Can all the crazy people take a break for a little while so the grownups can sort shit out please?

[dmcdad]

but there's a lot of speculation and accusation going on in this thread and others that is generally baseless as hell.

I don't consider the photos of millions of chips from months ago baseless. I mean if that accusation (that Yifu sold the chips to a higher bidder and now is having problems getting our chips produced), then he is more than welcome to set the record straight. But if it walks like a duck, and it quacks like a duck...

And I don't see how he is "tired" of defending himself. He hasn't defended himself. He's mentioned something about a gangster shake down a few chips being held up for a couple of weeks in customs. But he hasn't defended any of the accusations or explained where the hell the chips are.

[knightlife999]

Man, im tired to defend myself to people that doesnt even bother if their claims are true.

I wonder if this is exactly how Bitsyncom feels.  Don't mean to kick the hornet's nest, but there's a lot of speculation and accusation going on in this thread and others that is generally baseless as hell.  The only two gripes we REALLY have are that the chips weren't delivered on time and Yifu has been very begrudging with information on his side.  All this talk about reselling chips and making insane profits and mining with CHIPS that have to be SODERED ONTO A BOARD before they work is just that; talk.  Can we please maintain a level head in all of this?  Yifu has already stated he's looking into refunds.  That's an acknowledgement that shit went wrong and an attempt to rectify the situation.  Can all the crazy people take a break for a little while so the grownups can sort shit out please?

There is one thing we know for certain. The present chip batches arriving to people who ordered in mid April are stamped with dates that show they were made the first week of August. That has heavy implications. Either the chip batches were only ordered just recently, or the original batches were sold/used for something else.

[pajak666]

Man, im tired to defend myself to people that doesnt even bother if their claims are true.

I wonder if this is exactly how Bitsyncom feels.  Don't mean to kick the hornet's nest, but there's a lot of speculation and accusation going on in this thread and others that is generally baseless as hell.  The only two gripes we REALLY have are that the chips weren't delivered on time and Yifu has been very begrudging with information on his side.  All this talk about reselling chips and making insane profits and mining with CHIPS that have to be SODERED ONTO A BOARD before they work is just that; talk.  Can we please maintain a level head in all of this?  Yifu has already stated he's looking into refunds.  That's an acknowledgement that shit went wrong and an attempt to rectify the situation.  Can all the crazy people take a break for a little while so the grownups can sort shit out please?

read thread carefully, search for tracking numbers, and then skip to page 80 to see chips from china.

[bigbeninlondon]

but there's a lot of speculation and accusation going on in this thread and others that is generally baseless as hell.

I don't consider the photos of millions of chips from months ago baseless. I mean if that accusation (that Yufo sold the chips to a higher bidder and now is having problems getting our chips produced), then he is more than welcome to set the record straight. But if it walks like a duck, and it quacks like a duck...

You got photos of a bunch of chips.  Those could have been private orders not related to the group buys.  Yifu himself said most of the orders originated in China.  If you don't know where those chips went, or where they are now, how can you say that any accusation isn't baseless?  You have no evidence of anything except pictures of chips that didn't have a name on them and no indication of who they belonged to that never showed up on radar.  That's pretty baseless in my book.

[Ytterbium]

I am tired of this toxic community malformed by greed.

Dude has a point...

Should have thought about it before COLLECTING MILLIONS OF DOLLARS from people on this board.

[ecliptic]

Man, im tired to defend myself to people that doesnt even bother if their claims are true.

I wonder if this is exactly how Bitsyncom feels.  Don't mean to kick the hornet's nest, but there's a lot of speculation and accusation going on in this thread and others that is generally baseless as hell.  The only two gripes we REALLY have are that the chips weren't delivered on time and Yifu has been very begrudging with information on his side.  All this talk about reselling chips and making insane profits and mining with CHIPS that have to be SODERED ONTO A BOARD before they work is just that; talk.  Can we please maintain a level head in all of this?  Yifu has already stated he's looking into refunds.  That's an acknowledgement that shit went wrong and an attempt to rectify the situation.  Can all the crazy people take a break for a little while so the grownups can sort shit out please?

Nobody gives a shit about "acknowledging" solmething went wrong.  That's self-evident, even a child can see that

What is desired, and what is purposely being withheld, covered up, and obfusciated is WHAT went wrong.

Ordering chips by a 10k reel from a fab and shipping them is orders of magnitude easier than selling their Batches #1 to #3

There is good evidence that a great deal of these chips EXISTED and WERE SHIPPED TOGETHER back in June to China.

Lots of talk on Chinese forums about backroom deals

Part of Avalon broke off at this time as well.  Did they take all the chips?   Why so secretive?

Are these new batches just the "OH FUCK" second order they had to make?

He said himself "NO BS" terms.  Bullshit happened, and it wasn't explained.

Don't even start with "conspiracy" talk either.  These are plain facts, most of these yifu / avalon / etc admitted themselves. 

Until we get some real answers, nobody is going to trust Avalon.  I'm not sure why they're even bothering with a 2nd gen while they leave these unanswered.

The 'answers' we have gotten about customs simply do not line up with the facts, and don't account for what we have seen.