Topic: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! - page 62. (Read 529056 times)

It's clear that most of these ASIC manufacturers are testing or "burning in" their machines on the actual network instead of the test-net. BFL is a perfect example of this business model. They were more interested in running customer machines for their own benefit then actually shipping them. They held back customer machines to the tune of 3% of the entire BTC network. Might not sound like a lot, but it represents a lot of money.

So now we have AT, and they aren't even in charge of assembly of their units. I can just imagine it now. All of these Vipers running in India for weeks or even months before being shipped to the UK. Where they will likely be tested again so that AT can pocket as much as possible before shipping a worthless product. Essentially it's a double dipping out of the customers mining hardware.

That`s what I said days ago. Alpha T mining already on vipers ...

KNC should be investigated for this.

If you want you can even impose bankruptcy to Alpha T if they refused to refund you. But it is recommended to consult your lawyer before you take this action.
Read on

https://www.gov.uk/apply-to-bankrupt-someone

I have filed a small claim court against Alpha T and they will have to response within 14 days. I will let you guys know the status of this action.

Unfortunately but you're right. This project didn't looks good. People must be very careful in this kind of investment. 

I am also going for a claim if they don’t refund me or don’t answer my mails anymore.

There is no doubt that a claim would be successful because Q3 delivery is stated in their terms. They must know this and so I would find it strange if Alpha didn’t at least offer 80% or sth. like that. Because else they will have to pay 100% plus court fees etc.

Unless their defence is like that there is no money bla bla because its gone into production whatever. With a CCJ however its difficult to go on with business that’s clear.

Anybody an idea what happens in this case? Can they operate further? Will they be forced into bankruptcy?  Would also be interesting if Alpha as an UK registered company is obliged by law to have the assets on hand in UK etc. Because if not its going to be difficult to get the money back. Would a claim against Mr. Akram in person make any difference then?

Court fees can go over £1k (incl hearing etc.) if someone ordered a big viper or even more. If there is no money to gain that’s not going to be a funny thing.

The only thing you should buy from a Mohammed 

FED's will likely look into AT http://arstechnica.com/tech-policy/2014/09/feds-butterfly-labs-mined-bitcoins-on-customers-boxes-before-shipping/

Mohammed better start checking to see if Cabella's has any retail stores in Moss Point.

lol again @ *scheme* lol.......

I specifically laugh hard at the capitalization of "Sheme" all over their page / update.

Fucking.... Hilarious.

Hey Alpha Tech does this sound familiar?!??!?!  Everything BFL did you've repeated in SPADES.!!!!  And they are on trial by the FTC.  You hear that MOHAMMED AKRAM YOU ARE NEXT....

Chat transcripts internally show that the company was also actively working to defraud customers and find reasons to cancel orders.  
Just like Alpha Tech  
AT has been defrauding customers by trying to cancel their orders and only refund them 30% even though some customers paid in FULL!!!!



They also show the company’s internal panic as other companies cropped up with better systems and the subsequent debates if they should lie about the progress they are making to deflate some of the announcements.  
Just like Alpha Tech  
AT knew they failed their tapeout and needed to fund a new one  so they lied about progress and demanded full payment at teh same time to fund the new tapeout.  FUCK YOU MOHAMMED!!!!



It also appears the company actively worked to defraud Dwoalla with transfers to personal accounts even suggesting they claim they were “customer accounts” in internal chat transcripts to make transfers immediate and in violation of Dwoalla’s TOS.  
Just like Alpha Tech
AT lied about the products they sold to get past PayPals preselling rules.  When they were caught PayPal disabled their account and froze the funds in it.  Alpah Tech then started scrubbing the internet so they can try to get another credit card processor.  When the processor found about the preselling they cancelled the account to and forced AT to refund customers.  If they didn't MOHAMMED would have just kept the funds and refused to refund them.  ASSHOLE!!!!





We also learn that the company knew how behind it was and began debating what lies to tell the public to manage shipping expectations.  
Just like Alpha Tech  
AT kept lying about shipping all the way up to 3 days before their expected delivery date.  Even their new date of September was a lie as they now are saying October.  



The company was also aware internally they would not make the shipping times promised but continued to lie publicly.  
Just like Alpha Tech  
MOHAMMED you are suck a FARKING liar.  That is a FACT!!!!

So I just bought 1GHs (1000MHs) of Scrypt mining for $4500.  Shipping now and delivered in 3-5 days.

Alpha tech is selling 250MHs for $8800.  Delayed until late October.

See this post:

https://bitcointalksearch.org/topic/m.8954774


Good Luck.

ok now i'm back and starting a small case claim against alpha,  end of Q3 is near and delivery will not take place.
i asking for as much support as possible from anyone willing to share some info with me.
i'm also going for a 100% refund.
regards

We cannot express how grateful we are to you for making our work possible, and we are very delighted that you have joined us for batch one. It’s absolutely thrilling for us that we are going to be able to ship you your miners at any moment now

mo·ment ˈmōmənt
noun : a very short period of time : a particular time : a precise point in time : the present time

We really want to give back to those of you who have stuck with us through this difficult period, and reward you in the best way we can. As a result, we have designed a special loyalty scheme for all of you have completed your batch one orders

scheme skēm
noun ˈ: a clever and often dishonest plan to do or get something :  a plan or program of action; especially :  a crafty or secret one

At least they are honest in their second definition.

 Please send to me as well. My case is still pending.

chwag puck - that's the sound of your ass being fucked without lube.

“It’s absolutely thrilling for us that we are going to be able to ship you your miners at any moment now. However, we do realize that making batch one happen has not turned out exactly as we all had hoped and planned, and just like you: we are very disappointed with that.”

“The problem seems to stem from those who are in it for the short term, and only thinking about short term ROI, and are dumping coins as soon as they are mining them. This seems to have had a negative effect on the value of these coins,” said Akram.

Source: http://www.coindesk.com/alpha-technology-viper-scrypt-miner-shipments-slip-october/

    This is really a fun thread      

Someone needs to call the UN to send in blue helmet soldiers to protect the altcoins. Or something.

More seriously, what's the problem? Is it providing power to the chips?

*curious*