[Active Mining] The UNofficial Active Mining Discussion Thread [UNmoderated]

[solarion]

Slaughter's own words quoted above illustrate the problem perfectly. He KNOWS he owes this guy a refund, he KNOWS how much he owes the guy, but he still d1cks around with the guy's money. Bfl, hashfast, and VMC all pull this crap. It takes seconds to get your funds to them, but when it comes to a legitimate and legally mandated refund there suddenly seems to be no effective way to transfer funds and dozens of bs excuses why refunds are delayed. Noone should be doing business with any of these scammy companies.

I have explained that the delay in refunds is due to our loss of bitcoins on MtGox.  We intend to refund 100% of the money we owe to customers.

K thanks for taking the time to explain.

What he did wrong was ask for a refund before his wire transfer had cleared the bank.  This caused his refund request to be rejected as the order had not been paid.  Then, when his wire transfer cleared the bank it was not marked as accepted on his account, most likely due to his refund request above.  Now, it took another month for his payment to be accepted on his account.  Now, his refund request most likely was in limbo due to it being reject above.  Now, when that was cleared up his refund request was on the bottom of the stack.  Now, that is where it is now as we are waiting to start refunds again within the next week or so.  That being said, since he complained the the Missouri Attorney General office, we had to pull his refund from the stack and respond to the Attorney Generals office.  Therefore his refund is the very bottom of the stack.

...and this? If his refund request is valid and you KNOW his refund request is valid then why not just pay the guy? Why the circus with his valid request? Because Gox? You realize it looks retaliatory right? Wouldn't it be better to just pay him his money back and save your company the black eye?

Also how could you be so shortsighted as to have your company's funds on Gox? Why weren't they in an offline cold wallet where they belong? Everyone knew gox was in trouble months ago.

[minerpart]

Your CEO promised to design ASICs, design and build miners around them, and make you rich.

Wow all those points are so old. Nothing new to make up?

Do you think acting like a complete dick on here does your image any good Marcel? Do you really think this behaviour encourages people to invest in MPEx? My God man you are an ultimate fool. What serious investor would entrust their money to a childish fool like you? None, which must be why your site is bleeding members and the SEC is laying plans to extradite you to the US. Any money left in MPEx will be frozen and kept by US authorities. You really should warn your users about that - IF THERE ARE ANY LEFT! GREAT SUCCESS!!

LOL!

[sporket]

The list of fuckups presented is not old -- it spans the entire lifespan of this failscam, up to and including the present.
I would point out that I'm not MP, but that sort of thing only makes you sperg more.

P.S:  Your coin is all gone.  Enjoy your Thorazine.

[minerpart]

from:  DO NOT POST SESC LINKS

not sure what you did wrong but I got my refund in less than 2 weeks time from first contact.

What he did wrong was ask for a refund before his wire transfer had cleared the bank.  

This is childish playground taunting at it's finest.

So magzy asked for a refund BEFORE he had even paid with his wire transfer?! And he is wondering why it was delayed?! So he then plays tough-guy, threatens Ken and reports the company to the authorities! Meanwhile everyone else is getting their refunds in a matter of weeks!

What a looser. Hey magzy, have a look on the MO Attourney Generals website and see what sort of resolution proposals they mention for consumer complaints such as yours:

'NOTE: "Complaints resolved successfully" means the consumer was offered something of value, such as a refund, services performed, a product or credit toward future purchases. In the remaining complaints, negotiations are continuing or the business and the consumer were unable to reach agreement.'


So after all the shit-storm you have created, the crap you have been flying round this form, the personal insults against Ken and the reports to the AG you will be getting .....................A REFUND!
But the only thing is you have delayed your own refund by causing Ken to have to set you to one side and consult with his lawyer and the AG about how to proceed.
And the AG said........................give him A REFUND!!!

YOU ARE ONE CLEVER COOKIE. GOOD WORK!

 

[minerpart]

The list of fuckups presented is not old -- it spans the entire lifespan of this failscam, up to and including the present.
I would point out that I'm not MP, but that sort of thing only makes you sperg more.

P.S:  Your coin is all gone.  Enjoy your Thorazine.

blah blah blah, failscam, unicorns, sinking ship, scammers etc etc etc etc. Yawn!

A pity none of it came true isn't it Marcel my boy. It looks like after all your hard work, the endless hours you have put in here over the past year have been pissed away down the drain by your own utter stupidity. You have shat all over your own future! You could have lived to enjoy freedom with the little cash you've made from BTC. (And it is little). Instead you have fucked up your life. I actually find that quite amusing, and this schadenfreude is appropriate.

Especially for you:
http://www.psychalive.org/self-sabotaging/


 

[sporket]

Sperging intensifies



^Your Final Solution

Thorazine.  Ask for it by name!

[minerpart]

Feck off with your childish little pictures you dog turd!

[Phildo]

I don't really understand how you can still be using Gox as an excuse for the refunds. First, it was pure incompetence to leave the coins on there. Second, this guy didn't even pay via coin.

[solarion]

I don't really understand how you can still be using Gox as an excuse for the refunds. First, it was pure incompetence to leave the coins on there. Second, this guy didn't even pay via coin.

The logical extension to that is that he converted the fiat to coins so he could gamble on higher exchange rates. Privatized gains and socialized losses. Heads ks wins, tails his customers lose.

[magzy]

Slaughter's own words quoted above illustrate the problem perfectly. He KNOWS he owes this guy a refund, he KNOWS how much he owes the guy, but he still d1cks around with the guy's money. Bfl, hashfast, and VMC all pull this crap. It takes seconds to get your funds to them, but when it comes to a legitimate and legally mandated refund there suddenly seems to be no effective way to transfer funds and dozens of bs excuses why refunds are delayed. Noone should be doing business with any of these scammy companies.

I have explained that the delay in refunds is due to our loss of bitcoins on MtGox.  We intend to refund 100% of the money we owe to customers.

Hi Ken,
Well done on getting the mining farm up and running and getting product shipped out.

With reference to your statement above, can you give us an indication of timeline to fulfill this?

Thanks and well done once again

[kslaughter]

I don't really understand how you can still be using Gox as an excuse for the refunds. First, it was pure incompetence to leave the coins on there. Second, this guy didn't even pay via coin.

The logical extension to that is that he converted the fiat to coins so he could gamble on higher exchange rates. Privatized gains and socialized losses. Heads ks wins, tails his customers lose.

Not so, the bitcoins on MtGox were from our pre-order sales when bitcoins were used to pay for the order.

[sporket]

...
No so, the bitcoins on MtGox were from our pre-order sales when bitcoins were used to pay for the order.

You're not refunding orders paid for in fiat because MtGox? 

[VolanicEruptor]

...
No so, the bitcoins on MtGox were from our pre-order sales when bitcoins were used to pay for the order.

You're not refunding orders paid for in fiat because MtGox? 

Exactly.  Mt. Gox is also the reason why eASIC never came through with a working chip.  You see, Mark Karpeles thought they were edible chips, and ken was too drunk to notice him munching on a bag of them.

[kslaughter]

...
No so, the bitcoins on MtGox were from our pre-order sales when bitcoins were used to pay for the order.

You're not refunding orders paid for in fiat because MtGox? 

All of our prices are in fiat, so all refunds weather paid in fiat or btc are refunded in fiat.  Therefore, we needed to convert btc on MtGox to fiat to fund our refunds. So when we loss btc on MtGox it caused us to have to delay our refunds.  We will be starting to send out refunds next week.  We intend to refund 100% of our customers that want refunds.

[drasted]

...
No so, the bitcoins on MtGox were from our pre-order sales when bitcoins were used to pay for the order.

You're not refunding orders paid for in fiat because MtGox?  

All of our prices are in fiat, so all refunds weather paid in fiat or btc are refunded in fiat.  Therefore, we needed to convert btc on MtGox to fiat to fund our refunds.

Were the orders paid for in fiat converted to bitcoin and left on mtgox or not?

[DeadwoodDan]

It's still a scam, you idiots.  He's had to step up his game and buy competitors' chips because he's under scrutiny, but he's still going to come up with some way to lose all remaining assets while paying himself and all his family members salaries, and then he's gonna go bankrupt and what's the point of suing then, right?

Incidentally where is that financial report that was supposedly due at the end of March?  Maybe we could finally find out how much the Slaughter clan is raking in each month, eh?

[NotLambchop]

...
No so, the bitcoins on MtGox were from our pre-order sales when bitcoins were used to pay for the order.

You're not refunding orders paid for in fiat because MtGox?  

All of our prices are in fiat, so all refunds weather paid in fiat or btc are refunded in fiat.  Therefore, we needed to convert btc on MtGox to fiat to fund our refunds. ...

Please explain how fiat wired to your bank as payment for miners ends up on MtGox.

[Phildo]

I don't really understand how you can still be using Gox as an excuse for the refunds. First, it was pure incompetence to leave the coins on there. Second, this guy didn't even pay via coin.

The logical extension to that is that he converted the fiat to coins so he could gamble on higher exchange rates. Privatized gains and socialized losses. Heads ks wins, tails his customers lose.

Not so, the bitcoins on MtGox were from our pre-order sales when bitcoins were used to pay for the order.

That is your excuse, but no matter how true it is, it's a bad one. When was the last time you got fiat out of Gox? Earlier you said that you were sending coins from gox to coinbase to get fiat to send. Leaving 1 satoshi on gox after the first time you had to do that is pure incompetence. Especially when the entire point of bitcoin is that you can use it as payment, so you could have and should have been keeping the coins on your own and using them as a method of payment.

[minerpart]

Were the orders paid for in fiat converted to bitcoin and left on mtgox or not?

If the answer to that was yes and yes (which it isn't) what's the problem you see exactly? It's incredible that you can try to make this company look bad due to the failings of a scammer in Hong Kong! Hundreds of MILLIONS of dollars were on Gox when it closed. You are deliberately being STUPID to suggest something out of the ordinary was happening. Thousands of people and businesses were doing the same. The specific MTGox payment service being used by Ken as a business customer was obviously working and efficient and there was no evidence implying that Gox was about to close down. They are the facts.

FIAT wired to the company was kept in FIAT. All BTC on Gox was from BTC pre-orders - no FIAT was sent there. When the BTC value went through the roof it was clearly a good idea to use some of that increase in value to pay refunds. BTC went up by several times, so that boost in the value of these coins was being utilised to pay for the refunds. It's very very VERY simple to understand. Do you really not get it yet?

No issues here. Move on you creeps.

[drasted]

Were the orders paid for in fiat converted to bitcoin and left on mtgox or not?

It's very very VERY simple to understand. Do you really not get it yet?

That's what i think. So explain to me where i'm incorrect:

1. customer pays in fiat.

2. Customer requests refund in fiat.

Where does mtgox come in to this. MtGox has nothing to do with this. The user asked about refunds from fiat purchases, Ken is the one who brought up MtGox as the reason for not giving the refund.