Topic: all finished - page 2. (Read 44823 times)

Hi filharvey,

It's come to my attention you have left negative trust on my account for an issue that is completely out of my hands.

I'm sure you are well aware I have ponied up the money for legal funds for the HashFast lawsuit - I would like to inform you that if you do not remove the negative trust and/or any negative remarks against me or my company (in regards to HF) this will mean that you agree to forfeiting your initial investment.

I will not allow my name nor my company to be slandered while I work hard trying to get your investment back.

If you agree to forfeit your initial investment there is no need to reply.

If you agree to my terms of not talking trash on me/company while I work to get you your funds, please remove the negative trust and either leave a neutral or positive saying TBD.

This is not a strong-arm tactic, this is just common sense.

It's pretty simple, do not feel you're entitled to a refund while you talk trash on me or my company. If you feel that you're entitled to do that, then you agree those funds you put up for HF are lost, and you can talk trash all day.

(PS- This was only brought to my attention when someone PM'd me asking "Why do you have negative trust when HF scammed everyone?")

I really hope you choose the adult/correct decision,
WH

Actually, if you look up the definition of accusation, that's exactly what you are doing. Accusing me (using evidence or not of what was published) of doing something wrong, your actions are clearly accusations. The fact you even try to go toe-to-toe with me with facts is almost, I don't know. I just find it funny how you could assume you have any idea (or all of the accounting figures for that matter) what goes on behind the scenes and try to use information that I posted (and missing information I have not posted) against me. I've stated tons of times I did not just send 400BTC and did not collect over 600- but you guys wouldn't believe me. It was at a point where I didn't give a fly if you believed me or not, you can't hide the truth no matter what and in the end everyone would see. I felt I was wasting time/energy/effort on proving myself for which, I literally did not need to at all. All of this debating, back and forth, arguing, accusations was stressful and annoying. "You should have just proved you actually sent the BTC then, then we shouldn't have attacked you." No, that is NOT correct. Civil people do NOT attack others for no damn reason when the person is clearly saying he is not lying and has a history showing he is honest. I wasn't a random person, I'm not a newbie nor a first time organizer. I believe I had been already paying hundreds of people from my KnCMiner Jupiters on a weekly basis by the time you all had your pitch forks out, "hes a scammer! he took our money!" - I was more offended by the lack of trust than your guy's actual words. /living in the past  

Either way, here's the latest spread I had put together for Ray, right around ~520BTC (~70k?). Like you said, hopefully this puts the 'wheres the btc' situation at a close and hopefully we can move forward and start to focus on the outcome of our legal recourse. Any important legal updates that directly relate to us will be posted and xposted to the website as they get forwarded from Ray to me.

* Also, to everyone who kept screaming and yelling at me "It's not your damn money, that's why you don't give a ***" (may have been you itod?) - That last Sierra, only 2 shares sold, meaning I'm out 26BTC just for that Sierra, I'm the majority share holder in that whole miner, so again, you guys need to really think before you speak so you do not come off looking stupid. Additionally, if you look at it at a customer standpoint, I'm my own biggest customer. Nobody had purchased that high of a quantity of shares in a miner, so aside from me being the organizer I'm also the loudest share-holding voice as well (as far as power in the GB)- I did not use that as direct arsenal but when I continued to state "I always have the share holders best interest at heart" - I really did/do.

I'll get around to putting something together to show you, and everyone.


And to clear up your confusion, I purchased 8 Baby Jets, 7 Upgrade Kits and 1 Sierra. Not 7 and 7, like you're assuming, not sure where you got those numbers from? You're making so many accusations and you don't even have your numbers correct. I believe the total was closer to ~520 and not 540, now that I'm thinking of it.

So, this wasn't really a TL;DR so.

Collected ~590BTC, sent ~540BTC to HashFast.

...

If you want to continue to argue with me over what was done- I'm pretty much showing all of my cards on the table. That's what it was, how it is and where we are going to move forward. I'm sorry if that's not the answer you wanted to hear but that's exactly what was and is happening. Good luck to us all on the HashFast legal situation.

WH

I thought I wrote out a long reply in regards to the BTC but that must have not posted, so I'm going to re-write  TL;DR version.

I collected ~580BTC (Yes, more than the actual miners costed) and uh, duh. I offered shares at a price (you agreed to that price). If you added all of the shares up to what the miner costed I would profit a coin or two. (~$300?) I justified that with doing my work to organize. I didn't make anyone buy anything. You read the terms, you say the price.

Moving forward.

Please stop pulling random ass numbers and confusing people here.

I collected ~590BTC and sent HashFast ~540BTC. I know this because I had to verify, verify and verify again every single invoice with Ray Gallo to get our figures straight to pursue legal action against HashFast.

"What happened to all of that BTC then?!?!!??" - I sold it at various times to pay for equipment and build the data center room. Please keep in mind BTC was ~60-~80 at the time and selling with Coinbase to quickly receive USD may not have been the most efficient way, but that's what I was doing. So yeah, ~2k-4k was cashed out over the course of months to prepare everything on top of paying for time. Sorry if you feel thats me robbing you guys somehow, but that is far from it.

"But we didn't even use that room! Why do we have to pay for it?!!?" - I agree. Every share probably paid ~$5 extra in order for me to build it. It's a lot when you add it up, but it is far from a lot when it's per share.

This is why I decided to officially go with Ray Gallo and pursue HashFast the legal way to get as much as we can in a return.

So, that's what it is guys. I do not have 200BTC just sitting in some cool offline wallet. The fact you guys even pulled out some random BTC numbers and started spreading BS already pissed me off to not even feel the need to explain anything, but like I stated earlier, things are different and I will just be rising above the BS and will be putting everything out there.

So, this wasn't really a TL;DR so.

Collected ~590BTC, sent ~540BTC to HashFast.

Cashed out ~3-4k (~50BTC) to pay for time, equipment and construction services over the course of a few months.

HashFast failed and scammed 98% of it's 'customers'.

We're pursuing legal action against HashFast with an attorney.

If you want to continue to argue with me over what was done- I'm pretty much showing all of my cards on the table. That's what it was, how it is and where we are going to move forward. I'm sorry if that's not the answer you wanted to hear but that's exactly what was and is happening. Good luck to us all on the HashFast legal situation.

WH

Waldo, you were not talking to me, but let me respond. Nobody is trying to accuse you, just stating the facts. You've collected ~600 BTC from us for 7 Baby Jets and 7 upgrades. You've forwarded ~400 BTC to Hashfast to purchase these 7 Baby Jets and 7 upgrades, the rest ~200 BTC is in your possession, which you state are for some future expenses running our equipment, those expenses never actually came to be because machines never being delivered. To put aside your efforts to recollect those ~400 BTC from HashFast, there's a simple question of those ~200 BTC which you hold at this very moment. On which grounds are you waiting for a refund from HashFast to refund these ~200 BTC? Why do we have to wait? Why are we not refunded that 1/3 of our money immediately?

Waldo, you were not talking to me, but let me respond. Nobody is trying to accuse you, just stating the facts. You've collected ~600 BTC from us for 7 Baby Jets and 7 upgrades. You've forwarded ~400 BTC to Hashfast to purchase these 7 Baby Jets and 7 upgrades, the rest ~200 BTC is in your possession, which you state are for some future expenses running our equipment, those expenses never actually came to be because machines never being delivered. To put aside your efforts to recollect those ~400 BTC from HashFast, there's a simple question of those ~200 BTC which you hold at this very moment. On which grounds are you waiting for a refund from HashFast to refund these ~200 BTC? Why do we have to wait? Why are we not refunded that 1/3 of our money immediately?

I'm still the person who is fighting for you to get money back, this is how you treat me? Come on now. Although I understand your frustration, you're just going to make yourself look silly with these types of posts, you're directing your anger at the wrong person. By all means vent if you need to but accusations will not be tolerated.

So basically we are losing everything here. So this has been a total scam as far as I'm concerned. Everyone running this was against taking the refund when it got offered. Now I want to wonder why, did they just assume Hashfast would fuck up and scam people? I don't care what the story is, I wanted refund they did not do it, they all should be down as scammers as much as hashfast.

Update: http://www.coiningsolutions.com/share-holders/share-holder-news/hashfast-news

/Cheer? Doesn't this mean we can join in and take them the legal route, contact them now!

Tell us what's happening, have you had any contacts, calls or any moves forward that we can take with this refund?

Sigh.

Sigh.

http://arstechnica.com/tech-policy/2014/05/bitcoin-miner-startup-slapped-with-involuntary-bankruptcy-petition/

The bankruptcy case involves five claimants—Koi Systems of Hong Kong is the single largest one, claiming a loss of over $280,000. The others are UBE Enterprises, a Utah corporation, Timothy Lam of California, Edward Hammond of Texas, and Grant Pederson, also of Texas.

sounds a bit promising. I hope they do survive and produce the ASICs, in that case I'd expect us to get hardware with updated hashrates that would be suitable to the time of shipment. Did we ask for a refund or would we still be able to choose another deal, if they do survive?

Any news about this?

this is the latest post hashfast made
http://hashfast.com/on-why-were-not-scammers/