R19X KnC Neptune *2 Paid for* 60Ghash/$225/0 Shares Open!

[howardb]

Nothing more irritating than going into a group buy thread with a title that says "OPEN" to find it's sold out! Update the title please.

[bobsag3]

Could we please have a bit more information on what prompted the refund poll?

It's hard to make an informed decision without any relevant information.

KnCs "plan B" + the recent difficulty + timeline on receiving the item.
I personally dont care, but I think we can actually get more BTC returned than paid, due to the current exchange.

[railzand]

if we can get btc refund while dollar is high, let's do it

2 shares refund

[Tasweb]

If we can get a prompt refund from KNC in BTC at today's rate then we make a small BTC profit (no cash profit). I vote for this as long as DZ don't charge the 1.5% "restock" fee. This is not co-op members requesting a refund from DZ, it is the co-op winding up the GB.

[Bakal]

refund as well. thank you

[vanycon]

Seeing the diff.... Please sell\refund

1share

[gh2k]

I'll go for 2 shares sell or refund, whichever higher

[howardb]

Not entirely clear the motivations for the refund are in everyones interests here. Bobsag3 is already doing refunds on the undelivered R17 (Black Arrow) but refunding the original BTC amount which is of course for most people worth considerably less now in dollar terms. I suspect bobsag3 is getting refunds in $ at the original value and pocketing the difference. Bobsag3 if i'm wrong I apologise, but please clarify, you have ignored the issue so far on other threads!

[Tasweb]

Not entirely clear the motivations for the refund are in everyones interests here. Bobsag3 is already doing refunds on the undelivered R17 (Black Arrow) but refunding the original BTC amount which is of course for most people worth considerably less now in dollar terms. I suspect bobsag3 is getting refunds in $ at the original value and pocketing the difference. Bobsag3 if i'm wrong I apologise, but please clarify, you have ignored the issue so far on other threads!

My assumption is that we would be sent the dollar figure in BTC at today's exchange rate. The cost of this group but was quoted in $ in the OP. Hence my comment about making a small BTC profit but not a dollar profit. This is not us requesting a refund, this is DZ winding up the GB and distributing the remaining assets. Those assets being the refund that the vendor provides to the co-op.

Bobsag3, can you please clarify this for us?

[bobsag3]

Not entirely clear the motivations for the refund are in everyones interests here. Bobsag3 is already doing refunds on the undelivered R17 (Black Arrow) but refunding the original BTC amount which is of course for most people worth considerably less now in dollar terms. I suspect bobsag3 is getting refunds in $ at the original value and pocketing the difference. Bobsag3 if i'm wrong I apologise, but please clarify, you have ignored the issue so far on other threads!

My assumption is that we would be sent the dollar figure in BTC at today's exchange rate. The cost of this group but was quoted in $ in the OP. Hence my comment about making a small BTC profit but not a dollar profit. This is not us requesting a refund, this is DZ winding up the GB and distributing the remaining assets. Those assets being the refund that the vendor provides to the co-op.

Bobsag3, can you please clarify this for us?

We would be taking a full $ refund from KnC (assumed since we only ordered 2), and using all of those funds to re-buy BTC at whatever the current rate it. So everyone would receive the same $ amount roughly they put in, but extra btc possibly.

[vanycon]

We would be taking a full $ refund from KnC (assumed since we only ordered 2), and using all of those funds to re-buy BTC at whatever the current rate it. So everyone would receive the same $ amount roughly they put in, but extra btc possibly.

+1

I support that, as I said, I am PRO refund (1 share)

[Tasweb]

We would be taking a full $ refund from KnC (assumed since we only ordered 2), and using all of those funds to re-buy BTC at whatever the current rate it. So everyone would receive the same $ amount roughly they put in, but extra btc possibly.

That's exactly how I assumed it would work. Thanks.

[howardb]

Not entirely clear the motivations for the refund are in everyones interests here. Bobsag3 is already doing refunds on the undelivered R17 (Black Arrow) but refunding the original BTC amount which is of course for most people worth considerably less now in dollar terms. I suspect bobsag3 is getting refunds in $ at the original value and pocketing the difference. Bobsag3 if i'm wrong I apologise, but please clarify, you have ignored the issue so far on other threads!

My assumption is that we would be sent the dollar figure in BTC at today's exchange rate. The cost of this group but was quoted in $ in the OP. Hence my comment about making a small BTC profit but not a dollar profit. This is not us requesting a refund, this is DZ winding up the GB and distributing the remaining assets. Those assets being the refund that the vendor provides to the co-op.

Bobsag3, can you please clarify this for us?

We would be taking a full $ refund from KnC (assumed since we only ordered 2), and using all of those funds to re-buy BTC at whatever the current rate it. So everyone would receive the same $ amount roughly they put in, but extra btc possibly.

Need to change your nick to honestbobsag3

[tripppn]

Since unless they ship asap I don't think we have a chance at roi so I vote refund if we can get it.

[vanycon]

Any news.. voices.. anything?

[bobsag3]

So far it seems that the general vote is to sell.

[Tasweb]

So far it seems that the general vote is to sell.

There were 100 shares sold in this round. So far the following people have voted publicly to sell and refund in the "poll";

Railzand  2 shares
bakal      1 share (? based off blockchain BTC transfer amount)
Tasweb  1 share
vancon   1 share
gh2k       2 shares
trippn      1 share [EDIT - updated, thanks trippn!]

That's only 8% of confirmed shares (votes) accounted for (plus any share holders who may have voted via PM).

Any of the bigger share holders (I assume there must be some unless DZ bought most shares themselves) have an opinion they wish to make public?

I voted for a refund however this doesn't really owe me anything so the final outcome doesn't concern me greatly.

[tripppn]

So far it seems that the general vote is to sell.

There were 100 shares sold in this round. So far the following people have voted publicly to sell and refund in the "poll";

Railzand  2 shares
bakal      1 share (? based off blockchain BTC transfer amount)
Tasweb  1 share
vancon   1 share
gh2k       2 shares
trippn      ? shares

That's only 7% of confirmed shares (votes) accounted for (plus how ever many shares trippn has and any share holders who may have voted via PM).

Any of the bigger share holders (I assume there must be some unless DZ bought most shares themselves) have an opinion they wish to make public?

I voted for a refund however this doesn't really owe me anything so the final outcome doesn't concern me greatly.

I have 1 share

[Tasweb]

I have 1 share

Thanks, updated my post.

[Bakal]

So far it seems that the general vote is to sell.

There were 100 shares sold in this round. So far the following people have voted publicly to sell and refund in the "poll";

Railzand  2 shares
bakal      1 share (? based off blockchain BTC transfer amount)
Tasweb  1 share
vancon   1 share
gh2k       2 shares
trippn      ? shares

That's only 7% of confirmed shares (votes) accounted for (plus how ever many shares trippn has and any share holders who may have voted via PM).

Any of the bigger share holders (I assume there must be some unless DZ bought most shares themselves) have an opinion they wish to make public?

I voted for a refund however this doesn't really owe me anything so the final outcome doesn't concern me greatly.

I have 1 share

I have 1 share, sell as well, thank you