Nastyshop

[SaltySpitoon]

No offense, but while you may have a valid claim about the refund process, complaining about whether they have their prices set in USD or BTC is kind diluting whatever claims you make. Why does it matter in the slightest whether they have their asking price pinned to USD or BTC? Was there an issue where you paid in BTC and your refund wasn't the same amount in BTC? If I decide to sell a coin and pin it to crude oil, but accept X barrels worth converted to BTC, who cares? Now, if there was an issue where you paid BTC and got refunded a different amount, fair enough.

(I did get my coin I ordered, and I also asked ahead of time before ordering because the thread said that quantities were limited and they updated quantities on saturday)

[1715037022]

1715037022

[anonymousminer]

No offense, but while you may have a valid claim about the refund process, complaining about whether they have their prices set in USD or BTC is kind diluting whatever claims you make. Why does it matter in the slightest whether they have their asking price pinned to USD or BTC? Was there an issue where you paid in BTC and your refund wasn't the same amount in BTC? If I decide to sell a coin and pin it to crude oil, but accept X barrels worth converted to BTC, who cares? Now, if there was an issue where you paid BTC and got refunded a different amount, fair enough.

(I did get my coin I ordered, and I also asked ahead of time before ordering because the thread said that quantities were limited and they updated quantities on saturday)

Not my thread.  I was just clarifying some things if you read the entire thread.

[SaltySpitoon]

Not my thread.  I was just clarifying some things if you read the entire thread.

Yeah I was addressing the OP

[MoparMiningLLC]

Not my thread.  I was just clarifying some things if you read the entire thread.

Yeah I was addressing the OP

the OP that I made - is simply about the listing of the coins - He closed the other thread without addressing the question. He basically said anyone that thinks his items are priced in BTC is ignorant and that everything is priced in USD.

I have looked at the site many times - even copied 100% of the sites text into the OP - there is nothing about the coins being priced in USD --- all the pricing simply states is the BTC cost.

As gold rose in value over the past few weeks, the prices never changed they did not change to match the increased USD value.

I am not making any such claim against a refund or about the refund process, so there is no dilution here.

[SaltySpitoon]

Righto, I was mixing info from multiple threads. So that makes it easier because I potentially empathized with people who may have needed to fight for a refund for whatever reason.  Who cares if the site states the USD price? If you go to place an order and they're using an exchange rate you don't like, don't buy it. If the ticker was stuck, using an exchange rate you don't like, or whatever else, you could have not bought it and moved on, or requested an updated total, etc. How is it any different from having a sales thread where you say you're selling a camera for $700 and then when someone decides to take you up on it, you look up the BTC price and give them a BTC address and total? There was a thread where OGNasty said they were selling a coin for $1750, so they converted that to BTC and posted it on the site. OGnasty may have used an autoupdating ticker, or maybe done it manually? Regardless, the solution to your problem was pretty minor.

[MoparMiningLLC]

Righto, I was mixing info from multiple threads. So that makes it easier because I potentially empathized with people who may have needed to fight for a refund for whatever reason.  Who cares if the site states the USD price? If you go to place an order and they're using an exchange rate you don't like, don't buy it. If the ticker was stuck, using an exchange rate you don't like, or whatever else, you could have not bought it and moved on, or requested an updated total, etc. How is it any different from having a sales thread where you say you're selling a camera for $700 and then when someone decides to take you up on it, you look up the BTC price and give them a BTC address and total? There was a thread where OGNasty said they were selling a coin for $1750, so they converted that to BTC and posted it on the site. OGnasty may have used an autoupdating ticker, or maybe done it manually? Regardless, the solution to your problem was pretty minor.

you have missed the point.

in the big picture what it is priced in can and often will affect how you get refunded. Take bitmain for example, you pay them 2600 in btc for a miner based on the exchange at that moment because they price it in USD not btc - they convert it yes. If you get a refund, which is rare - but I did get once - and even though I paid in bitcoin, and was refunded in bitcoin, the amount I got back was based on USD value of bitcoin at that time.

so whether something is priced in btc or usd matters when there has to be conversions.

[philipma1957]

Righto, I was mixing info from multiple threads. So that makes it easier because I potentially empathized with people who may have needed to fight for a refund for whatever reason.  Who cares if the site states the USD price? If you go to place an order and they're using an exchange rate you don't like, don't buy it. If the ticker was stuck, using an exchange rate you don't like, or whatever else, you could have not bought it and moved on, or requested an updated total, etc. How is it any different from having a sales thread where you say you're selling a camera for $700 and then when someone decides to take you up on it, you look up the BTC price and give them a BTC address and total? There was a thread where OGNasty said they were selling a coin for $1750, so they converted that to BTC and posted it on the site. OGnasty may have used an autoupdating ticker, or maybe done it manually? Regardless, the solution to your problem was pretty minor.

you have missed the point.

in the big picture what it is priced in can and often will affect how you get refunded. Take bitmain for example, you pay them 2600 in btc for a miner based on the exchange at that moment because they price it in USD not btc - they convert it yes. If you get a refund, which is rare - but I did get once - and even though I paid in bitcoin, and was refunded in bitcoin, the amount I got back was based on USD value of bitcoin at that time.

so whether something is priced in btc or usd matters when there has to be conversions.

Yeah it does.  Og said it was cash based not btc based.

Yet he paid back in btc which had gone up 100 maybe 200 bucks.

So he is claiming he overpaid the refund.  This would be true if he clearly said it is a cash based price on the website.

I have done a lot of business with Og for the most part he is good.  But This is a fail a small fail but a fail.

He has made one other fail about a refund. I told him refund the guy and I would escrow as I know the guy.
he refused to do it.

I would argue that Og should have refunded more quickly and offered each person a 1 oz silver coin to help the fuck up be less annoying.

Saying it was cashed based with no proof on the website is clearly an effort to make it look like he gave the two refunds a 100-150 bonus.

If it was clearly marked cash basis He would be correct.

Since it was not marked cash basis Mopar is correct it is a bit sleazy.

Frankly Og simply could have fixed this with more grace.

[anonymousminer]

Just to clarify... I got a full refund.  If I hadn't when USD is nowhere on that site.  My other thread would still be open and there would be a problem. 

Bottom line... the site is archaic and certainly not functioning as Og thinks it does..... but he has "nothing to do with it" so why would he know, right?  Lol.

[SaltySpitoon]

Righto, I was mixing info from multiple threads. So that makes it easier because I potentially empathized with people who may have needed to fight for a refund for whatever reason.  Who cares if the site states the USD price? If you go to place an order and they're using an exchange rate you don't like, don't buy it. If the ticker was stuck, using an exchange rate you don't like, or whatever else, you could have not bought it and moved on, or requested an updated total, etc. How is it any different from having a sales thread where you say you're selling a camera for $700 and then when someone decides to take you up on it, you look up the BTC price and give them a BTC address and total? There was a thread where OGNasty said they were selling a coin for $1750, so they converted that to BTC and posted it on the site. OGnasty may have used an autoupdating ticker, or maybe done it manually? Regardless, the solution to your problem was pretty minor.

you have missed the point.

in the big picture what it is priced in can and often will affect how you get refunded. Take bitmain for example, you pay them 2600 in btc for a miner based on the exchange at that moment because they price it in USD not btc - they convert it yes. If you get a refund, which is rare - but I did get once - and even though I paid in bitcoin, and was refunded in bitcoin, the amount I got back was based on USD value of bitcoin at that time.

so whether something is priced in btc or usd matters when there has to be conversions.

No, I didn't miss the point at all, I actually posted about that first, but was told that wasn't a concern. People would rightfully crucify OGNasty if they did what you say Bitmain does. If you pay anyone BTC and they don't give you back the same BTC in the event that the trade is canceled, they're a scammer plain and simple, unless there is a very clear and established contract stating otherwise.

[MoparMiningLLC]

Righto, I was mixing info from multiple threads. So that makes it easier because I potentially empathized with people who may have needed to fight for a refund for whatever reason.  Who cares if the site states the USD price? If you go to place an order and they're using an exchange rate you don't like, don't buy it. If the ticker was stuck, using an exchange rate you don't like, or whatever else, you could have not bought it and moved on, or requested an updated total, etc. How is it any different from having a sales thread where you say you're selling a camera for $700 and then when someone decides to take you up on it, you look up the BTC price and give them a BTC address and total? There was a thread where OGNasty said they were selling a coin for $1750, so they converted that to BTC and posted it on the site. OGnasty may have used an autoupdating ticker, or maybe done it manually? Regardless, the solution to your problem was pretty minor.

you have missed the point.

in the big picture what it is priced in can and often will affect how you get refunded. Take bitmain for example, you pay them 2600 in btc for a miner based on the exchange at that moment because they price it in USD not btc - they convert it yes. If you get a refund, which is rare - but I did get once - and even though I paid in bitcoin, and was refunded in bitcoin, the amount I got back was based on USD value of bitcoin at that time.

so whether something is priced in btc or usd matters when there has to be conversions.

No, I didn't miss the point at all, I actually posted about that first, but was told that wasn't a concern. People would rightfully crucify OGNasty if they did what you say Bitmain does.

the only post i saw of yours was talking about my refund - i didnt have a refund as i  didnt purchase - my point is how it is listed, yes because it can affect a refund. and that is my point - how the listing is made is the issue, not a specific refund. Your statement was about me getting a refund. so yes, you missed the point the first time.

[SaltySpitoon]

the only post i saw of yours was talking about my refund - i didnt have a refund as i  didnt purchase - my point is how it is listed, yes because it can affect a refund. and that is my point. Your statement was about me getting a refund. so yes, you missed the point the first time.

Let me pose a question then. Had you purchased a coin, and bitcoin doubled in value between your purchase and when you got a refund. Since it said cash basis, would you have been happy receiving half of your BTC back? That is generally one of the easiest ways to get labeled as a scammer. A handful of people have tried pulling that and its never gone well for them.

[MoparMiningLLC]

the only post i saw of yours was talking about my refund - i didnt have a refund as i  didnt purchase - my point is how it is listed, yes because it can affect a refund. and that is my point. Your statement was about me getting a refund. so yes, you missed the point the first time.

Let me pose a question then. Had you purchased a coin, and bitcoin doubled in value between your purchase and when you got a refund. Since it said cash basis, would you have been happy receiving half of your BTC back? That is generally one of the easiest ways to get labeled as a scammer. A handful of people have tried pulling that and its never gone well for them.

again - it does not say cash value and that is the issue. If it said cash value, yes. If it was how it is now, no.

[SaltySpitoon]

again - it does not say cash value and that is the issue. If it said cash value, yes. If it was how it is now, no.

Yeah, it doesn't seem like there is actually any problem.

[MoparMiningLLC]

again - it does not say cash value and that is the issue. If it said cash value, yes. If it was how it is now, no.

Yeah, it doesn't seem like there is actually any problem.

yes there is

he states that everything is priced in USD but it is not. people that paid in btc were refunded the same amount of btc that they paid not the USD equivalent - that means it is not USD based.

the site needs to be clear - he cant claim one and do the  other and then insult anyone that says anything about it

[andulolika]

again - it does not say cash value and that is the issue. If it said cash value, yes. If it was how it is now, no.

Yeah, it doesn't seem like there is actually any problem.

yes there is

he states that everything is priced in USD but it is not. people that paid in btc were refunded the same amount of btc that they paid not the USD equivalent - that means it is not USD based.

the site needs to be clear - he cant claim one and do the  other and then insult anyone that says anything about it

Wait wait wait, you mean if i send you .01 btc and i get a refund i get less because btc pumped? I think that if i get a refund I get refunded whatever i sent you.

I agree it should state USD.

On the other hand I spent too long not knowing what was the deal with OG, thanks to vod and his signature he is obviously innocent, it clearly stated PONZI.

[FFrankie]

I had madiak scam me out of 1 btc a loong time ago when btc was 200-250. After years of nagging him to pay me back, even tho it was 1 btc. He did not give me 1 btc. I got between 200-250 and I was so happy with that

[MoparMiningLLC]

I had madiak scam me out of 1 btc a loong time ago when btc was 200-250. After years of nagging him to pay me back, even tho it was 1 btc. He did not give me 1 btc. I got between 200-250 and I was so happy with that

that is not relevant to this thread - but I am glad you got your refund after years.

[SaltySpitoon]

yes there is

he states that everything is priced in USD but it is not. people that paid in btc were refunded the same amount of btc that they paid not the USD equivalent - that means it is not USD based.

the site needs to be clear - he cant claim one and do the  other and then insult anyone that says anything about it

Yeah, what you're saying is not acceptable and has been the subject matter of many lawsuits, if I'm not mistaken starting with BFL. You pay Bitcoin not USD. The bitcoin just happens to have a USD value which has fewer daily fluctuations than Bitcoin. If you are selling a commodity and don't want to enter into a contract to sell it at 50% under what you paid for it by accident while you sleep because an exchange got hacked or the CEO of Bitcoin goes to jail (   ) you peg your prices in fiat. OGNasty was selling coins for $1750 worth of Bitcoin. If the trade never happens, you're entitled to your Bitcoins, not USD. What you're saying is completely unreasonable. Bitcoin is Bitcoin whether it has a USD value or not. If a trade doesn't happen because he runs out of stock or whatever, his obligation is to make you whole and refund your purchase price. You didn't give him $1750, you gave him $1750 worth of Bitcoin and are entitled to your Bitcoins back, not the fiat equivalent. In 10 years of trading here, I've seen verrrrrry few cases where people have explicitly stated that the transaction would work the way you are expecting it would, and I've seen verrrrrry many scammers try to play this card. It isn't an accepted method of trade by the community.

I'm pondering what the legal implications would be for someone operating the way you suggest OGNasty should have. I'm not certain here, but I believe that would make you an illegal money transmitter. Instead of doing a commodity > commodity exchange, you're exchanging their commodity to USD and would be remitting to them USD then exchanged back to BTC in the event of a refund. Just make purchases with the intention to cancel because you think the price of BTC is going down, and you've successfully shorted BTC.

[MoparMiningLLC]

I am not saying he needs to do it that way ---- He says that is the WAY IT IS and those of us that say it is not that way are wrong.

he made it out that by refunding them the same amount of BTC that they paid, that he in fact OVERPAID them as the prices are based in USD not BTC.

edit OG did not state this, FFrankie did, and in another thread.


what I am saying is that the prices should not be based in USD because first, the site does not express that, second that would screw up refunds as it would change the BTC amounts EVERY refund and third, because we are not paying a USD price, we visually see a BTC price and we Pay that BTC price.

I really think you are getting confused here.

I have never said that he needs to make it tie to USD - not sure why you keep saying that I said he does.


Again - to make it very simple

OG states everything is priced in BTC and anyone that says/thinks otherwise is ignorant/wrong.


Everything that has happened makes it appear quite to the contrary of his above statement - end of story.


Not sure why you are making it to be more complex than that.


edit - maybe my example of Bitmain confused you - Bitmain actually did that to me, I paid one amount in BTC - when they refunded me, they paid me less Bitcoin because the value in USD had gone up so they felt they owed me less Bitcoin.

I agree that if you pay in Bitcoin and the transaction gets voided, then you should receive the same amount in Bitcoin that you paid.  If something is truly tied to USD though, that will not happen, thus his statement is wrong.

Besides - no where on the site does it state that - whether it does it behind the scenes or not (which it doesn't do automatically because the price didn't change for weeks) is not the point.  If he is going to claim that, then the site needs to say it. Plain and simple.

[SaltySpitoon]

Yeah so I reread the thread, and I think I figured out why I'm confused. OGNasty puts a $ value into a ticker and it updates the price in BTC. It was someone else who claimed the whole, 10% increase in BTC price you made money on the refund statement. Lines are getting crossed here.