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Author Topic: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!  (Read 529010 times)
jrose120
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December 10, 2014, 12:42:15 AM
 #4421

I bet they go out of business and keep all of the chips, any takers?
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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vesperwillow
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December 10, 2014, 01:39:29 PM
 #4422

Harhar.
Are you taking bets ?

I'm betting that either way, stuff happens. This way, I can't lose.

I'm definitely interested to see how they'll meet their promised figures of efficiency.

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December 10, 2014, 06:23:11 PM
 #4423

Looking over their terms and conditions they are still referring to 18Mhs/ and 90Mh/s units. I know this has been brought up before, but this is essentially the contract that they are bound to. Let's pretend they didn't revise it twenty times and invalidate the whole thing in the process. According to their current terms they aren't shipping 50Mh/s or 250Mh/s units to anyone.

This complete train wreck of a company isn't going to deliver anything but broken promises. I'm surprised they haven't dissolved the whole mess yet.
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December 10, 2014, 07:38:16 PM
 #4424

How long will this stay up on Alpha-T's site before disappearing:

https://forum.alpha-t.net/index.php?topic=1082.msg7421#msg7421

Quote
Viper / What happened here, why refund part of my money without telling anything?

« Last post by RedViper on Today at 05:24:33 PM »
What happened? I am still waiting for my machine,  even  it's super delayed. There are no news, no prototype, no updates, nothing. But today, PayPal refunded my initial paid money, and I am so confused and shocked. I didn't ask for refunding, and you did it without asking me. I fully paid long time ago, what about my other 2/3 money? What about my machine? I checked my order status, it shows my order cancelled! You guys can't deliver the machine any more? If like so,  send back my 2/3 left money too, otherwise, give me the machine I ordered.!!!! I swear I never give up to get my all money back or get my fully functioned machine!!! Answer my question here or send pm to me ASAP! I am waiting for your response and plan my next action seriously against you guys. Let's better find a good solution for this other than some ugly things happen.

2014/12/10
FreeJack2k2
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December 10, 2014, 09:01:57 PM
 #4425

Considering that it's been a solid month since they claimed they'd be shipping "soon" - I'd say the writing has to be on the wall, at this point. I don't think anyone actually wants the systems anymore, anyway.
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December 11, 2014, 12:04:09 AM
 #4426

It seems even Coindesk cannot reach the man behind the sham.

http://www.coindesk.com/uncertainty-builds-alpha-technology-misses-another-shipping-deadline/

Tired of substandard power distribution in your ASIC setup???   Chris' Custom Cablez will get you sorted out right!  No job too hard so PM me for a quote
Check my products or ask a question here: https://bitcointalk.org/index.php?topic=74397.0
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December 11, 2014, 08:20:19 AM
 #4427

We made a deal with Alpha-T for a refund. They actually refunded us part of the amount we agreed to (partly through PayPal, partly through bank transfer).
But they also don't keep this deal, because they didn't refund the total amount we agreed to. Anyone else made a deal for a refund and did Alpha-T pal in full ?
At least we have some money back we can use now to claim 100% back by small court procedure.
Flep182
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December 11, 2014, 10:37:39 AM
 #4428

We made a deal with Alpha-T for a refund. They actually refunded us part of the amount we agreed to (partly through PayPal, partly through bank transfer).
But they also don't keep this deal, because they didn't refund the total amount we agreed to. Anyone else made a deal for a refund and did Alpha-T pal in full ?
At least we have some money back we can use now to claim 100% back by small court procedure.

What percentage DID they pay if I may ask?
miri94
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December 11, 2014, 10:59:46 AM
 #4429

We made a deal with Alpha-T for a refund. They actually refunded us part of the amount we agreed to (partly through PayPal, partly through bank transfer).
But they also don't keep this deal, because they didn't refund the total amount we agreed to. Anyone else made a deal for a refund and did Alpha-T pal in full ?
At least we have some money back we can use now to claim 100% back by small court procedure.

Alpha-T are bad people, all i can say. If you go through these pages you will see that at one time when they re-opened the batch they offered to pay back some people only a percentage of their money. But this was all pretend good gestures so that there is no bad mouthing at the time when the batch was open so that new clients would think hey look they even offer payouts cool, instead of them asking how come a company that is supposed to deliver mid july is still taking orders mid april!
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December 11, 2014, 11:56:04 AM
 #4430



I just read this topic and I was very surprised to see this sentence there:
"The centre, which is run by the City of London Police, said it has received 20 reports against Manchester-based Alpha Technology. Those reports were assessed by the national fraud intelligence unit and passed on to Greater Manchester Police (GMP)."

More than 2000 people were scammed and only 20 filled fraud report. It was unbelievable for me, so I immediately filled one report on: http://www.actionfraud.police.uk/report_fraud
It took me about an 1 hour to fill it, but I think this was well spent hour. I hope until the end of this week to have at least 500 reports submitted, so I will not see anymore this said by Mohammed Akram:
"According to Mohammed Akram, Alpha Technology's chief executive and founder, no one at his company has been contacted by the police or the fraud intelligence unit.
Akram defended his company, which took deposits for its miners in January, but has missed all its delivery deadlines so far." 
Mick666
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December 11, 2014, 12:11:39 PM
 #4431

for all German victims of Alpha technology
you can by phone forward fraud report.
Action Fraud have a good interpreter and are very helpful




Melden Sie jede Art von Betrug bei „Action Fraud“ („Aktion Betrug“)

Falls Sie Opfer eines Betruges geworden sind, können Sie dies bei „Action Fraud“ – Großbritanniens Meldestelle für Betrugsfälle – melden. Sie können jede Art von Betrug bei „Action Fraud“ berichten, wenn Sie sich in Großbritannien aufhalten, wenn der Betrug in Großbritannien erfolgte, oder wenn der Betrug in Zusammenhang mit Großbritannien steht und es sich um einen Internetbetrug handelt.

Falls Sie nicht Englisch sprechen oder Englisch nicht Ihre Muttersprache ist, bieten wir Ihnen die Möglichkeit, in Ihrer eigenen Sprache Meldung über den Betrug zu erstatten.

·       Wählen Sie +44 (0)161 234 9230.

·       Eine Englisch sprechende Person wird Ihren Anruf entgegennehmen. Teilen Sie ihr mit, welche Sprache Sie sprechen.

·       Daraufhin werden Sie gebeten, zu warten, bis ein Dolmetscher / eine Dolmetscherin gerufen wird. Dies kann einige Minuten dauern. Legen Sie daher bitte nicht auf. Sollte kein Dolmetscher / keine Dolmetscherin sofort zur Verfügung stehen, werden Sie gebeten, Ihre Telefonnummer zu hinterlassen, und Sie werden zurückgerufen, sobald ein Dolmetscher / eine Dolmetscherin verfügbar ist.
retro72
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December 11, 2014, 02:47:54 PM
 #4432



I just read this topic and I was very surprised to see this sentence there:
"The centre, which is run by the City of London Police, said it has received 20 reports against Manchester-based Alpha Technology. Those reports were assessed by the national fraud intelligence unit and passed on to Greater Manchester Police (GMP)."

More than 2000 people were scammed and only 20 filled fraud report. It was unbelievable for me

This is exactly why I have stopped wasting time on this thread. It's like watching a slow moving train wreck, a few passengers have the balls to jump off and save themselves with the rest hanging on, hoping the carnage comes to a halt so they can salvage what's left.

I've found the crypto community in general to be pretty lethargic and resigned to take scams, delays and substandard hardware as some kind of acceptable loss. While this attitude persists, Alpha, KNC and their ilk will continue to take money and continue to get away with it.
vesperwillow
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December 11, 2014, 03:56:58 PM
 #4433

I've found the crypto community in general to be pretty lethargic and resigned to take scams, delays and substandard hardware as some kind of acceptable loss. While this attitude persists, Alpha, KNC and their ilk will continue to take money and continue to get away with it.

At some point the chaff and excess waste in the community will burn away and the wind will carry them off, leaving those of us who are dedicated. Could be months, could be years, but it will happen. What a wonderful day that will be.

You can only help people so much, providing them the tools to succeed, before just cutting the rope.

jrose120
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December 11, 2014, 04:59:19 PM
 #4434

At least the first batch customers will receive 10% off future batches, free shipping, and some strange scheme of theirs. You can't say that they are all bad  Roll Eyes  Wish this would just end already, I'm losing interest in what happens here.
SaintRocketis
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December 11, 2014, 06:06:16 PM
 #4435



This is exactly why I have stopped wasting time on this thread. It's like watching a slow moving train wreck, a few passengers have the balls to jump off and save themselves with the rest hanging on, hoping the carnage comes to a halt so they can salvage what's left.

I've found the crypto community in general to be pretty lethargic and resigned to take scams, delays and substandard hardware as some kind of acceptable loss. While this attitude persists, Alpha, KNC and their ilk will continue to take money and continue to get away with it.

I bailed back in July when they started deleting posts on this forum and the shady activities they were doing on their own forum.  Their phone being disconnected was a big clue.  A company like that had something to hide.  I keep coming back hoping to see others recoup 100% or to see if there is an actual delivery.  Plus idiots like that raj_kapur provide a little entertainment every now and then.

As for what happens now, my guess is that at some point in the not too distant future, Alpha's website will go blank except for a note saying that 'Sorry, the company is bankrupt'.  They will blame someone else for their failures and warn those suing that there is no money left from which to recoup funds.

I hope everyone gets back 100% from these scumbags like I did, but I know that isn't going to happen.  I wasn't smart enough to avoid this to begin with, but I was able to do a charge back early on and get every nickle back.

I hope the Fight Alpha site keeps plugging away at these jackals... posting their pictures, names, and addresses for years to come so that anyone googling these douches will come across it and learn how these fart sniffers scammed people. 

I'm talking about you Mohammed Mubasher Akram, Fiaz Malik, Liroy Van, and Eric Gunn!
SaintRocketis
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December 11, 2014, 08:38:15 PM
 #4436

How long will this stay up on Alpha-T's site before disappearing:

https://forum.alpha-t.net/index.php?topic=1082.msg7421#msg7421

Quote
Viper / What happened here, why refund part of my money without telling anything?

« Last post by RedViper on Today at 05:24:33 PM »
What happened? I am still waiting for my machine,  even  it's super delayed. There are no news, no prototype, no updates, nothing. But today, PayPal refunded my initial paid money, and I am so confused and shocked. I didn't ask for refunding, and you did it without asking me. I fully paid long time ago, what about my other 2/3 money? What about my machine? I checked my order status, it shows my order cancelled! You guys can't deliver the machine any more? If like so,  send back my 2/3 left money too, otherwise, give me the machine I ordered.!!!! I swear I never give up to get my all money back or get my fully functioned machine!!! Answer my question here or send pm to me ASAP! I am waiting for your response and plan my next action seriously against you guys. Let's better find a good solution for this other than some ugly things happen.

2014/12/10

Now deleted.
alexfgT
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December 11, 2014, 11:02:39 PM
 #4437

How long will this stay up on Alpha-T's site before disappearing:

https://forum.alpha-t.net/index.php?topic=1082.msg7421#msg7421

Quote
Viper / What happened here, why refund part of my money without telling anything?

« Last post by RedViper on Today at 05:24:33 PM »
What happened? I am still waiting for my machine,  even  it's super delayed. There are no news, no prototype, no updates, nothing. But today, PayPal refunded my initial paid money, and I am so confused and shocked. I didn't ask for refunding, and you did it without asking me. I fully paid long time ago, what about my other 2/3 money? What about my machine? I checked my order status, it shows my order cancelled! You guys can't deliver the machine any more? If like so,  send back my 2/3 left money too, otherwise, give me the machine I ordered.!!!! I swear I never give up to get my all money back or get my fully functioned machine!!! Answer my question here or send pm to me ASAP! I am waiting for your response and plan my next action seriously against you guys. Let's better find a good solution for this other than some ugly things happen.

2014/12/10

Now deleted.


Exactly in the same situation. and there is no desire to be reconciled with what this. Go to the end.
While these scum the starve the slammer
jrose120
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December 12, 2014, 04:52:24 AM
 #4438

I'm betting they cancel all orders, the only reason that you got your 30% deposit back is because they couldn't gain access to it. Those who paid by means for which they have control over the money kiss it goodbye. They will close their doors, never ship a product, go bankrupt, and manage to keep all the chips through some slippery accounting book work. Why don't they just put these 10 remaining customers out of their misery already. No one else is expecting a product and is suing them in one way or another. Talk about a slow motion train wreck, that's a good analogy.
vesperwillow
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December 12, 2014, 01:55:01 PM
 #4439

Don't forget that their T&C state that anyone who asks for a refund automatically forfeit their order and any  money paid toward it. I bet they'll be using that somehow.

They had up to 2,400 orders right? 1,200 for each unit? If that's the case, and let's say 2,000 people bought-in, the reality is very few of them are here voicing any complaints. There's only been an "active" complaint group of about 100 people. Small percentage. I wouldn't say the majority of folks are against receiving equipment, we haven't heard from the majority.

SimonBeCoinin
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December 12, 2014, 03:21:12 PM
 #4440

Don't forget that their T&C state that anyone who asks for a refund automatically forfeit their order and any  money paid toward it. I bet they'll be using that somehow.

They had up to 2,400 orders right? 1,200 for each unit? If that's the case, and let's say 2,000 people bought-in, the reality is very few of them are here voicing any complaints. There's only been an "active" complaint group of about 100 people. Small percentage. I wouldn't say the majority of folks are against receiving equipment, we haven't heard from the majority.

They may try, although I doubt it's in any way legal or enforceable.

Those pesky DSRs again and their clearly stated right to request, and receive, a refund.  I haven't read the protection from unfair trading practices 2008 in a while although I'd be surprised if it didn't expressly exclude terms which conflict with consumer law, or if that wasn't present somewhere in consumer law.  A business can't simply void laws that it doesn't like.  Doesn't work that way.

That they make these sorts of attempts, such as "you're a business not a consumer" pisses me off more than any of the rest of it and is one reason I keep lurking this thread, as I'll try to help people to try to get their money back still, if they want to give it a shot.

Attempting to take advantage of people that may or may not know any better is shitty beyond belief.  They should not be left to do this again and, in reality, they've probably learned how to improve the scam and protect themselves better the next time around.  They've proven to me that they are completely unethical and shouldn't be given another chance to try to fuck people again.
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