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Topic: . - page 12. (Read 27425 times)

legendary
Activity: 2702
Merit: 1261
January 13, 2013, 07:26:04 AM
Good luck and prepare to write off that money if you paid with BTC.
member
Activity: 112
Merit: 10
January 13, 2013, 05:58:07 AM
Going to request a refund.
full member
Activity: 182
Merit: 100
January 13, 2013, 03:46:35 AM
Looks like Tom might have a new home soon(jail).  I hope this piece of crap rots in there.  

Jail ? You are watching to much movies Wink Tom will be fine. He lives in the USA.
https://bitcointalksearch.org/topic/m.1450104
full member
Activity: 182
Merit: 100
January 13, 2013, 03:24:10 AM
BFL is next I would bet.
The problem here was that there was too much pressure on one guy...BFL is structured differently.
This why I don't think BFL is in the same danger of failing like bASIC did....
so, maybe you know where is the BFL's ASIC prototype ?
Maybe you know what kind of magic allows mass production of chips without a prototype and tests?  
Maybe you know how many months will pass before there is a working prototype?
Maybe you know how many people during those few months will request refund?
I think BFL is in the same danger as bASIC.
hero member
Activity: 868
Merit: 1000
January 13, 2013, 03:09:06 AM
Well shit.

Has anyone gotten any CC refunds yet? I asked on 1-6 and of course nothing has shown up yet. I realize the BTC have gone out somewhat, so...anyone gotten anything on this front? Sad that my bank is closed till monday  Undecided

Dave posted that he's processed CC refunds but that he doesn't know whether Tom transferred the funds to cover them (this was supposed to be done by wire).  He's recommending that customers who paid by CC contact their CC company and request a charge back.
sr. member
Activity: 470
Merit: 250
January 13, 2013, 03:01:14 AM
AFAIK, BFL is not in the position where one person can crash their entire system. It's still a small company, but you don't get to 25 employees by making mistakes like that.

I'm not a fan of MPOE-PR but here's the best description of BFL that I've seen:

BFL is a marketing company (and an incredibly poor one, in many aspects). Their business is keeping those Google ads up and siphoning the incoming money into more or less safe holes. Everything else is everyone else's problem.

Think about it.
newbie
Activity: 14
Merit: 0
January 13, 2013, 02:37:58 AM
Well shit.

Has anyone gotten any CC refunds yet? I asked on 1-6 and of course nothing has shown up yet. I realize the BTC have gone out somewhat, so...anyone gotten anything on this front? Sad that my bank is closed till monday  Undecided
legendary
Activity: 952
Merit: 1000
January 13, 2013, 02:17:40 AM
BFL is next I would bet.
The problem here was that there was too much pressure on one guy...BFL is structured differently.
This why I don't think BFL is in the same danger of failing like bASIC did. With bASIC, the power to crash the entire endeavor was placed in the hands of one man. Tom hired a 3rd party teams to do all the engineering R&D, but he did everything else. Hiring Dave was the smartest thing he could have done, but it looks like Tom never ended up sharing any more information with Dave than he did his customers. When Tom disappears, so did their 3rd party contacts, ASIC progress status, refund capabilities (CC & BTC), and who knows what else.

AFAIK, BFL is not in the position where one person can crash their entire system. It's still a small company, but you don't get to 25 employees by making mistakes like that.
full member
Activity: 196
Merit: 100
January 13, 2013, 01:10:00 AM
BFL is next I would bet.

The problem here was that there was too much pressure on one guy...BFL is structured differently.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
January 13, 2013, 12:50:38 AM
Looks like Tom might have a new home soon(jail).  I hope this piece of crap rots in there. 

Jail?  Soon?

Sounds like the Bitcoin Police are on the case!   Grin


hero member
Activity: 686
Merit: 500
Whoa, there are a lot of cats in this wall.
January 13, 2013, 12:33:00 AM
I got my BTC refund from them, and i am happy about it - because i suggested my chances  50/50 . Wish luck to Tom take control  the situation !

When did you request it, and when did you get it?

Dave sent me an email saying I would receive mine today, but haven't as of yet. 
member
Activity: 82
Merit: 10
January 13, 2013, 12:09:43 AM
I got my BTC refund from them, and i am happy about it - because i suggested my chances  50/50 . Wish luck to Tom take control  the situation !
member
Activity: 110
Merit: 10
January 13, 2013, 12:05:48 AM
Looks like Tom might have a new home soon(jail).  I hope this piece of crap rots in there. 
hero member
Activity: 535
Merit: 500
January 13, 2013, 12:03:04 AM
Man, you're crazy to still be backing BFL.

Maybe they will produce, but if it doesn't happen soon, the refunds will start mounting and you'll be in the same boat.

Now that bASIC has collapsed, the panic is building. Once Avalon ships and friedcat's project comes online(if they do), then the pressure will increase.

Less projected profitability + competitor already capsized + BFL's shady background = refund city.

Good luck.
legendary
Activity: 952
Merit: 1000
January 12, 2013, 11:49:38 PM
So let me get this straight: the only reason people were getting BTC refunds was because Dave and Lukas were urging Tom to. Then Tom is supposed to provide crucial information about the ASICs, and instead he packs up and leaves town. Their bank account does not have enough funds to process CC refunds because Tom was in charge of that, too. Now, we have no idea where Tom is, we don't know if people are even going to be getting refunds (CC or BTC), the BTCFPGA forum is still under lockdown, and we have absolutely zero information about the status of the bASIC's development. And all of this is directly from the 2 remaining bASIC team members. Talk about a shit storm!
BFL is next I would bet.
We shall see. I'm very interested in seeing which one of us gets the last laugh.
legendary
Activity: 1764
Merit: 1006
January 12, 2013, 11:25:38 PM
Bummer, requested a refund on the 8th and he didn't pull through.  How hard is it to do a chargeback?

Call your credit card company and "dispute" the charge.  They should walk you through the process.

http://usa.visa.com/download/merchants/chargeback-management-guidelines-for-visa-merchants.pdf

Quote
Time limits for depositing transactions are set to ensure timely processing and billing to
cardholders . When you hold transactions beyond the period defined in your merchant agreement
(usually one to five days), you lose money, affect customer service (cardholders expect to see
transactions on their Visa statements within the same or next monthly cycle), and possibly invite
a chargeback . No remedies exist for chargebacks on sales receipts deposited 181 days or longer
after the transaction date.

I'm not sure if the text in bold applies.
that's for the merchant.
he's the cardholder.



...or does it?
hmm.

w/e, i'm getting my pitchfork and popcorn ready.
sr. member
Activity: 350
Merit: 250
Trust me, these default swaps will limit the risks
January 12, 2013, 11:24:42 PM
@lukasbradley

Hey man, so you couldn't really get any details out of him at all? Even Dave never got any details other that what Tom said to him?
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
January 12, 2013, 11:22:13 PM
Bummer, requested a refund on the 8th and he didn't pull through.  How hard is it to do a chargeback?

Call your credit card company and "dispute" the charge.  They should walk you through the process.

http://usa.visa.com/download/merchants/chargeback-management-guidelines-for-visa-merchants.pdf

Quote
Time limits for depositing transactions are set to ensure timely processing and billing to
cardholders . When you hold transactions beyond the period defined in your merchant agreement
(usually one to five days), you lose money, affect customer service (cardholders expect to see
transactions on their Visa statements within the same or next monthly cycle), and possibly invite
a chargeback . No remedies exist for chargebacks on sales receipts deposited 181 days or longer
after the transaction date.

I'm not sure if the text in bold applies.
legendary
Activity: 1890
Merit: 1003
January 12, 2013, 11:15:50 PM
Uh, just be careful not to state exactly what the mining rig is. Be vague....otherwise you might lose the dispute from the get go.

CC companies do not like machines that produce BTC or alternate currencies.
donator
Activity: 90
Merit: 10
January 12, 2013, 11:07:25 PM
Bummer, requested a refund on the 8th and he didn't pull through.  How hard is it to do a chargeback?

Call your credit card company and "dispute" the charge.  They should walk you through the process.
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