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Author Topic: Alpha Technology is Pulling Posts On Their Site  (Read 4066 times)
Scrappy Do (OP)
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June 15, 2014, 09:46:19 AM
 #21

...You do not treat good customers this way....I am a 6.7k investor....

Just wanted to respond to this real quick.  This may be how you see yourself, but they never saw you as a customer, or an investor, they saw you as an interest free loan.  You say you don't want to get screwed but seriously, every single one of these preorders always turns out exactly the same way.  At some point you have to start to wonder, if people don't want to get screwed, why do they keep bending over?

No matter how many BFL like scam companies sprout from anywhere , but people will keep on pre-ordering and cycle gets on repeating itself ,and worst part is those people who are new to crypto , start investing without knowing the repercussions &  get scammed and its just bad for whole crypto-currency  which aims to get into mainstream.




 I am by no means new if you were referring to me. I have 3 45u 7 foot racks in my garage and over 40 gpu's humming. It ain't easy to scam me. This I promise.
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June 15, 2014, 09:53:42 AM
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...You do not treat good customers this way....I am a 6.7k investor....

Just wanted to respond to this real quick.  This may be how you see yourself, but they never saw you as a customer, or an investor, they saw you as an interest free loan.  You say you don't want to get screwed but seriously, every single one of these preorders always turns out exactly the same way.  At some point you have to start to wonder, if people don't want to get screwed, why do they keep bending over?

No matter how many BFL like scam companies sprout from anywhere , but people will keep on pre-ordering and cycle gets on repeating itself ,and worst part is those people who are new to crypto , start investing without knowing the repercussions &  get scammed and its just bad for whole crypto-currency  which aims to get into mainstream.




 I am by no means new if you were referring to me. I have 3 45u 7 foot racks in my garage and over 40 gpu's humming. It ain't easy to scam me. This I promise.

I was not referring to you , I was referring to new people who hear about crytpo-currency and invest in mining etc . and on one hand , greedy Asic manufacturers like Alpha-t bring whole crypto under bad light and on other hand keep on stacking money in their banks .
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June 15, 2014, 09:55:49 AM
 #23

People dont learn from the past. Wasnt it the same with Butterflylabs? Why do you guys still pre-order, is your greeed that high? :/

 BFL never offered 100% money back before shipping, and they also never banned massive accounts on their forums for asking a question. Basically, your point is null and void.

 Is my greed that high you ask? No but my investments are, and chose to do so with a 100% money back guarantee, which they have as of late yet to give.

 Please try and be helpful, as I made a legitimate request for help...
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June 15, 2014, 10:04:58 AM
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...You do not treat good customers this way....I am a 6.7k investor....

Just wanted to respond to this real quick.  This may be how you see yourself, but they never saw you as a customer, or an investor, they saw you as an interest free loan.  You say you don't want to get screwed but seriously, every single one of these preorders always turns out exactly the same way.  At some point you have to start to wonder, if people don't want to get screwed, why do they keep bending over?

 Ahh gotcha, so what your saying is if a person sees an opportunity to take a chance on something, with a 100% guarantee refund, they should never take it. Hmm, that's a tough pill to swallow right there.

 Btw.. not every preorder has ended up this way. Example being the 2 Cointerra machines I have. Yes they were late, and yes they are 1.5-1.6 instead of the 2 th/s they promised. But..... They officially paid off 5 days ago, so from this point they are gravy. Which at current rate is .12-.13 btc a day.

For the record, I am an investor. and yes they did use me as a interest free loan. I simply asked for my money back as they guaranteed. Can you help me with this? otherwise, the "I told you so" I am sick of. Sad
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June 15, 2014, 10:22:30 AM
 #25

I appreciate your long post and actually reading the forum but you yourself are wrong. Here is why.

 It is not greed that lead me to them, it was the simple need to try and compete, and actually make a few dollars. That is not greed, that is good business.

 I never considered myself a customer, and in fact had you taken the time to read the entire post I said investor. They promised a money back guarantee before the actual due date, I requested one. They refuse to answer email, and they are banning people from their forums if they even ask. Please stay on topic. Do not preach to those that are more aware of the situation than you.

 First off, you really need to slow down my friend, as when I invested, 25mh/s a was unheard of. Did I take a chance.. you bet i did.. but they also claimed a 100% back guarantee that before any time of shipping I had the opportunity to request a refund. I did that, and got banned from the forums and no response to email as of the current time.

 To make claims of I am not sorry you got scammed and yes I can call it a scam because all I did was ask them to honor what they promised, a money back guarantee.

 Again, I am not a consumer, and please stop using this word. I took and investment in them on the pretense of a money back guarantee.

 Starscream, pleae do not post again, as you are merely saying I told you so, and that is not the case at all. Learn to speak, before you open your trap. You come here and try and inform folks, but yet you simply laugh in not just mine, but others faces. How is that helpful? How in any way can anyone see your post as informative?  It simply is not.
 
I did read the post and you can call you what you want, but at the end of the day it was greed - you saw a quick way to make some quick buck.
If you really wanted to compete you'd go buy GPUs and make a farm, if you'd done it, like I did it at feb, you'd already have seen ROI (I know I have).

And I'm not sure why you keep mentioning this "100% guarantee refund" nonsense like Alpha-T is some reputable entity that has the sources to actually fulfill this promise.

Give me 10k$ for my secret project, and at any time you have 100% guarantee refund. Would you? Hell if you would without an escrow.
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June 15, 2014, 10:38:00 AM
 #26

I appreciate your long post and actually reading the forum but you yourself are wrong. Here is why.

 It is not greed that lead me to them, it was the simple need to try and compete, and actually make a few dollars. That is not greed, that is good business.

 I never considered myself a customer, and in fact had you taken the time to read the entire post I said investor. They promised a money back guarantee before the actual due date, I requested one. They refuse to answer email, and they are banning people from their forums if they even ask. Please stay on topic. Do not preach to those that are more aware of the situation than you.

 First off, you really need to slow down my friend, as when I invested, 25mh/s a was unheard of. Did I take a chance.. you bet i did.. but they also claimed a 100% back guarantee that before any time of shipping I had the opportunity to request a refund. I did that, and got banned from the forums and no response to email as of the current time.

 To make claims of I am not sorry you got scammed and yes I can call it a scam because all I did was ask them to honor what they promised, a money back guarantee.

 Again, I am not a consumer, and please stop using this word. I took and investment in them on the pretense of a money back guarantee.

 Starscream, pleae do not post again, as you are merely saying I told you so, and that is not the case at all. Learn to speak, before you open your trap. You come here and try and inform folks, but yet you simply laugh in not just mine, but others faces. How is that helpful? How in any way can anyone see your post as informative?  It simply is not.
 
I did read the post and you can call you what you want, but at the end of the day it was greed - you saw a quick way to make some quick buck.
If you really wanted to compete you'd go buy GPUs and make a farm, if you'd done it, like I did it at feb, you'd already have seen ROI (I know I have).

And I'm not sure why you keep mentioning this "100% guarantee refund" nonsense like Alpha-T is some reputable entity that has the sources to actually fulfill this promise.

Give me 10k$ for my secret project, and at any time you have 100% guarantee refund. Would you? Hell if you would without an escrow.


 Sir, I have to ask you to stop posting as you are not even reading the thread. You bought GPU's in Feb. Nice! I been running a 40+ farm since march... of last year. I am not responding to you in a swinging dick style, I will simply again ask you to back the hell off as you obviously know not what you speak.  It was not greed, and I answered you in this retrospect, I have no idea why you want to say I was investing is greed. If no one ever invested...... surely you get the point.

 I appreciate your enthusiasm and I wish you the best of luck in your farm.. I will not further reply, and trust me, my farm is BIGGER than yours, so please do not talk down to me.
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June 15, 2014, 10:48:55 AM
 #27

Well, here's a lesson in life for you: there's what you want, and than there's what I want, and I wanna post a reply, so yeah.

I called it greed and still will cause it is what it is - if you wanna call it compete, than w/e float your boat man.

But hey, as long as they got their 100% guarantee refund policy, it was a "different" decision to be made, eh?

And good for you for mining for so long, shame you haven't got the capacity to learn anything at all from past mistakes (yours or others).

Fool me once, shame on you; fool me twice, shame on me.

Good luck though, and despite all the was said, I sincerely hope you do get your money back.
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June 15, 2014, 03:22:25 PM
 #28

Well Alpha Technology decided to reply to an email of mine. Was it because of this post? Who knows. The timing is a little fishy though, eh?

Quote
Hello there,

I am very sorry but this is not possible as your order has already been processed.

Best Regards,

Alpha Technology Team

What a response!
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June 15, 2014, 05:11:30 PM
 #29

Well Alpha Technology decided to reply to an email of mine. Was it because of this post? Who knows. The timing is a little fishy though, eh?

Quote
Hello there,

I am very sorry but this is not possible as your order has already been processed.

Best Regards,

Alpha Technology Team

What a response!

Fingers crossed. Send any photo proof when you get it?

As for deleting posts on their forums (im not a customer, and not a member of their forums) - the email reply I read earlier in the thread said that the forums the request was posted in was not for customer support - so that maybe a reason why they remove such posts?

I hope either way that you both either get your money back from them, or a suitable miner if it has been already processed.

However, it is worth noting that Alpha Tech are a UK based company, so presumably fall under the EU Distance Selling Regulations. As well as Consumer Protection from Unfair Trading Regulations (CPUTRs for Short). This legislation gives a none-business consumer many many rights in regards to what they are allowed to do with your money/items. Of course, if you are a business - you still have the Sale of Goods Act and under this there are also covered many rights.

I wouldn't however, hesitate to add that taking any form of legal route would most likely victimise all of the other customers of Alpha Tech, and potentially make the very situation happen what you fear will happen - so if anything, be prudent, and be wise. Don't let your frustration or outrage cause you to unfortunately make a victim of their other customers - as legal costs can get very costly for both parties, and ultimately it would be the consumers who lose out.

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June 16, 2014, 02:44:41 AM
 #30

Still no word.

Have no time to keep up with their forums.

If I did post something there, it'd be removed/deleted anyway.
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June 17, 2014, 11:26:18 PM
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Still banned from forums, and no reply to any emails, especially my refund request.
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June 18, 2014, 01:06:14 AM
 #32

People dont learn from the past. Wasnt it the same with Butterflylabs? Why do you guys still pre-order, is your greeed that high? :/

I believe the hope was that not only consumers, but also the COMPANIES THEMSELVES, learned from the past.

This is terrible business practice.

Can someone explain to me how we keep letting people like this get away with terrible business practices while we just sit on forums either 'bitching' or saying 'I told you so' ?

The companies DID learn from the past.  They learned they can do this and get away with it, so why not do it?  Not scamming is just leaving money on the table, since there is no shortage of customers no matter how they treat them. 
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June 18, 2014, 01:08:09 AM
 #33

...You do not treat good customers this way....I am a 6.7k investor....

Just wanted to respond to this real quick.  This may be how you see yourself, but they never saw you as a customer, or an investor, they saw you as an interest free loan.  You say you don't want to get screwed but seriously, every single one of these preorders always turns out exactly the same way.  At some point you have to start to wonder, if people don't want to get screwed, why do they keep bending over?

No matter how many BFL like scam companies sprout from anywhere , but people will keep on pre-ordering and cycle gets on repeating itself ,and worst part is those people who are new to crypto , start investing without knowing the repercussions &  get scammed and its just bad for whole crypto-currency  which aims to get into mainstream.




 I am by no means new if you were referring to me. I have 3 45u 7 foot racks in my garage and over 40 gpu's humming. It ain't easy to scam me. This I promise.

Evidently, it is!
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June 18, 2014, 01:24:18 AM
 #34

It is not greed that lead me to them, it was the simple need to try and compete, and actually make a few dollars. That is not greed, that is good business.
 
Yes it was too greed.  You wanted to profit in a situation where no profit was possible.  If the only possible chance at profiting in a particular industry is to gamble 10s of thousands of dollars on some 2 bit, no name company's imaginary product, then that is NOT good business.  Good business would be saying, "gee, I guess now is not a good time to get into the business at all".

I never considered myself a customer, and in fact had you taken the time to read the entire post I said investor. They promised a money back guarantee before the actual due date, I requested one. They refuse to answer email, and they are banning people from their forums if they even ask. Please stay on topic. Do not preach to those that are more aware of the situation than you.
 
You were never an investor.  You were an interest free loan.  Investors received detailed information outlying the investment.  You did not get this.  Investors have a stake in the company.  You did not have any.  You were promised a money back guarantee.  Investors never get such guarantees.  Nothing at all about this transaction in any way suggested you were an investor.  The fact that you thought you were investing reveals quite a bit about your business acumen, or lack thereof.   
First off, you really need to slow down my friend, as when I invested, 25mh/s a was unheard of. Did I take a chance.. you bet i did...
 
There is that greed that you claim you didn't exhibit.
Again, I am not a consumer, and please stop using this word. I took and investment in them on the pretense of a money back guarantee.
 
Stop using that word.  You were never an investor.  You have no stake in the company, and no claim on their assets or income.  None. 

Incidentally, had you read what little information they gave you that construed the contract for the deal, you would have known they were never going to willingly give you a refund until they no longer needed the interest free loan. 
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June 18, 2014, 01:41:27 AM
 #35

It is not greed that lead me to them, it was the simple need to try and compete, and actually make a few dollars. That is not greed, that is good business.
 
Yes it was too greed.  You wanted to profit in a situation where no profit was possible.  If the only possible chance at profiting in a particular industry is to gamble 10s of thousands of dollars on some 2 bit, no name company's imaginary product, then that is NOT good business.  Good business would be saying, "gee, I guess now is not a good time to get into the business at all".

I never considered myself a customer, and in fact had you taken the time to read the entire post I said investor. They promised a money back guarantee before the actual due date, I requested one. They refuse to answer email, and they are banning people from their forums if they even ask. Please stay on topic. Do not preach to those that are more aware of the situation than you.
 
You were never an investor.  You were an interest free loan.  Investors received detailed information outlying the investment.  You did not get this.  Investors have a stake in the company.  You did not have any.  You were promised a money back guarantee.  Investors never get such guarantees.  Nothing at all about this transaction in any way suggested you were an investor.  The fact that you thought you were investing reveals quite a bit about your business acumen, or lack thereof.   
First off, you really need to slow down my friend, as when I invested, 25mh/s a was unheard of. Did I take a chance.. you bet i did...
 
There is that greed that you claim you didn't exhibit.
Again, I am not a consumer, and please stop using this word. I took and investment in them on the pretense of a money back guarantee.
 
Stop using that word.  You were never an investor.  You have no stake in the company, and no claim on their assets or income.  None. 

Incidentally, had you read what little information they gave you that construed the contract for the deal, you would have known they were never going to willingly give you a refund until they no longer needed the interest free loan. 


 Please tell me how this could be construed as good criticism? You scream I told you so, yet never offer a better solution....
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June 19, 2014, 04:23:00 AM
 #36



Here's the image proof you wanted, FYI.
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June 19, 2014, 04:48:14 AM
 #37



Here's the image proof you wanted, FYI.

 Guy's, I am seeing a massive surge of PM's of people with the same issues. If We do not stand together, We all get screwed. According to their last ToS agreement, I sent them over 6k usd, if they agre to send me back anything, I am lucky. Please make more informed. One of the biggest forums alpha is on and being promoted is in litecoinforums. Please check here. : https://litecointalk.org/index.php?topic=20441.msg184167#msg184167 and I also posted here but Chirale does not want to get involved so he decided to leave them up... : https://litecointalk.org/index.php?topic=6506.msg182913#msg182913

 If we do nothing, they will simply steal our money...
brian_23452
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June 19, 2014, 05:51:51 AM
 #38

It is not greed that lead me to them, it was the simple need to try and compete, and actually make a few dollars. That is not greed, that is good business.
 
Yes it was too greed.  You wanted to profit in a situation where no profit was possible.  If the only possible chance at profiting in a particular industry is to gamble 10s of thousands of dollars on some 2 bit, no name company's imaginary product, then that is NOT good business.  Good business would be saying, "gee, I guess now is not a good time to get into the business at all".

I never considered myself a customer, and in fact had you taken the time to read the entire post I said investor. They promised a money back guarantee before the actual due date, I requested one. They refuse to answer email, and they are banning people from their forums if they even ask. Please stay on topic. Do not preach to those that are more aware of the situation than you.
 
You were never an investor.  You were an interest free loan.  Investors received detailed information outlying the investment.  You did not get this.  Investors have a stake in the company.  You did not have any.  You were promised a money back guarantee.  Investors never get such guarantees.  Nothing at all about this transaction in any way suggested you were an investor.  The fact that you thought you were investing reveals quite a bit about your business acumen, or lack thereof.   
First off, you really need to slow down my friend, as when I invested, 25mh/s a was unheard of. Did I take a chance.. you bet i did...
 
There is that greed that you claim you didn't exhibit.
Again, I am not a consumer, and please stop using this word. I took and investment in them on the pretense of a money back guarantee.
 
Stop using that word.  You were never an investor.  You have no stake in the company, and no claim on their assets or income.  None. 

Incidentally, had you read what little information they gave you that construed the contract for the deal, you would have known they were never going to willingly give you a refund until they no longer needed the interest free loan. 


 Please tell me how this could be construed as good criticism? You scream I told you so, yet never offer a better solution....

You assume that there IS a better solution, or any good solution.  If the only way to get into a market is to take a really really crappy deal, then the solution isn't to take the crappy deal, it's to not get into the market at all. 
It isn't intended as an "I told you so", though I can see how it comes across that way.  The reason I harp against these types of preorders is because they are NEVER a good deal for the customer.  There's a reason these companies choose to finance their operations this way, as opposed to going with more traditional financing options and that is because no experienced financier would ever in a million years accept the terrible terms of the deal. 
BUT, they still need financing, and customers are still a better option than real investors.  If we collectively refuse to accept terrible terms they would have no choice but to offer better terms.  They don't do that though because customers are willing to take terrible terms.  Thats the point, you still seem to see this as a good decision on your part that simply went unlucky.  It isn't, and it wasn't.  It was a terrible deal from the get go and luck had nothing to do with it, you were never going to profit from this business decision.  Unfortunately, as long as people continue to throw money at companies like this they will see no reason to change their business practices. 
brian_23452
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June 19, 2014, 06:03:23 AM
 #39

What I mean by terrible deal, just look at the terms you agreed to:

You agreed to completely fund their entirely operation (along with the other "customers"), thus taking on 100% of the risk.  With absolutely NO say whatsoever in what they do, how they operate; you can't even SEE how they operate let along control it!  And of course no claim at all to any of their assets.  Well of course they aren't going to make decisions based on what makes you money, but what makes them money.  Sure they offered a money back of some sort, why would you trust them?  Would you buy something on here from someone you didn't know without using escrow?  Why are these guys any different, you didn't know them either.
But the best part is they were never under any obligation to actually deliver a miner anyways.  They could entirely within the legal context of the agreement, finish the miners right on time, and then keep them themselves and mine with them and there is nothing you could do except demand a refund (with them even profiting off of that, due to being able to pick the exchange rate BTC or USD whichever they preferred).  Or perhaps they could have successfully stalled you long enough to actually deliver a miner after they were done with it and it was no longer profitable.  Either way, within the terms of the agreement, they didn't have to scam you at all or break any contracts to completely rip you off.  It just amazes me that people sign these deals that are so clearly terrible and then act surprised when it doesn't work out.
kenel
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June 20, 2014, 02:22:51 AM
 #40

What I mean by terrible deal, just look at the terms you agreed to:

You agreed to completely fund their entirely operation (along with the other "customers"), thus taking on 100% of the risk.  With absolutely NO say whatsoever in what they do, how they operate; you can't even SEE how they operate let along control it!  And of course no claim at all to any of their assets.  Well of course they aren't going to make decisions based on what makes you money, but what makes them money.  Sure they offered a money back of some sort, why would you trust them?  Would you buy something on here from someone you didn't know without using escrow?  Why are these guys any different, you didn't know them either.
But the best part is they were never under any obligation to actually deliver a miner anyways.  They could entirely within the legal context of the agreement, finish the miners right on time, and then keep them themselves and mine with them and there is nothing you could do except demand a refund (with them even profiting off of that, due to being able to pick the exchange rate BTC or USD whichever they preferred).  Or perhaps they could have successfully stalled you long enough to actually deliver a miner after they were done with it and it was no longer profitable.  Either way, within the terms of the agreement, they didn't have to scam you at all or break any contracts to completely rip you off.  It just amazes me that people sign these deals that are so clearly terrible and then act surprised when it doesn't work out.

I completely agree with what you're saying.....

But the "told ya so" attitude isn't going to resolve this horrible practice that seems fairly common in the BTC/Alt/etc world.
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