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Topic: AMHash1: Cost-Effective Mining Contract - page 29. (Read 304327 times)

full member
Activity: 154
Merit: 100

Puppet has probably abandoned his stance against scam, and decided to fulfill the meaning of his nickname.


sr. member
Activity: 424
Merit: 250

I understand your concerns.


No you dont.
Let me clue you in: his concern is not what can or will be done, his concern (rightfully)  lies with you specifically. You are not the one thats going to hire a legal team and achieve anything.
-You havent got any credibility, running your own tiny wannabee scam
-You havent got any clue, getting even the basics about AM wrong time and again, let alone you'd have the knowledge required to achieve anything in China.
-You havent got any clout with anyone or anything. You probably hardly even have any coin at all.

All you have is a big mouth.

Quote
Believe me

No one believes you, besides perhaps your airwolf alter ego.


Yeah Puppet !!!!

I believe you coz you have a nice nick!!! It seems to be that you have exclusive intel on everyone and everything in bitcoin field, so tell me Do I have enough coin to make a law suit? Am I a scammer? Probably am coz you try to dig anyone who takes any attempts on criticizing AM.  As I heard one day there is only on thing worst than meeting the idiot in your life. It is when you meet an idiot on the mission.
hero member
Activity: 859
Merit: 1000
Ok, is there any alternative to do something in Amhash case?
What are our options, sit down and listen to Puppet's private vendetta against me sidetracking every effort of discussion what to do with Amhash case and its investors lost assets?

Because now he thinks I am AirWolf!

What kind of credibility you are asking for? Is it now a new trend to provide credibility in our small circle? FC had quite a lot of it.

Hiring legal assistance is the only option. The larger the group would be the better. It is very simple actually all we need to do is to start looking for the right ones, get pricing for the retainer and let them act. This should be a normal practice that if you are loosing your money you just go to your lawyers and ask to fix the situation. I really do not see anything unusual in it.

If anyone has a better option or an alternative I will be happy to listen to it.
legendary
Activity: 980
Merit: 1040

I understand your concerns.


No you dont.
Let me clue you in: his concern is not what can or will be done, his concern (rightfully)  lies with you specifically. You are not the one thats going to hire a legal team and achieve anything.
-You havent got any credibility, running your own tiny wannabee scam
-You havent got any clue, getting even the basics about AM wrong time and again, let alone you'd have the knowledge required to achieve anything in China.
-You havent got any clout with anyone or anything. You probably hardly even have any coin at all.

All you have is a big mouth.

Quote
Believe me

No one believes you, besides perhaps your airwolf alter ego.
hero member
Activity: 859
Merit: 1000
Quote
No.  You will talk about it, you will try to get others to do it, you might even start a chat room or irc chan, hell you might even use TorChat with The Dome Of Silence, but you will not have your lawyer (lol, missed the plural, your lawyerS Cheesy) "there in Shenzhen doing it properly."
You ain't even got *one* Sad
I understand your concerns. Believe me that there is no incentive or anything I could gain by running a scam like this get compromised and get into trouble. Of course it may be costly and I cannot guarantee the results because not even a lawyer in any case can. If a lawyer guarantees something 100% he's a con because he cannot predict what can happen. I can only say that that there is a high chance of pressing the responsible people effectively  so that they will compensate Amhash customers. I do not know the companies financial standing or whether FC is found and pays back (I am personally almost sure they will never find him) but I believe it will be dofficult to get off the hook.

Look on my arguments:
1. there are many reliable legal services in Shenzhen specializing in commercial law and white collar crime (as today in our case it looks like it). Retaining such services by businesses from overseas has become more common in China.
2. as flame pointed it out CHina's officials approach to international crime has changed as they understand how much the economy is loosing because of it and they do not like it at all.
3. you do not want to be in such troubles as the people from all three companies in China as the law is very harsh. We want to settle and recover our assets not to ruin their lives of course.
4. to do so would be quite easy and costs effective to some stage if legal costs are distributed among large group of people. Unfortunately I am not in a position to let someone else deal with this issue but I am happy for others to join our group and take part in it. We cannot be that transparent for obvious reasons but the more people actively participating in this effort the better.

I know that it will not be easy but I do not think that it is entirely impossible for a group of strangers to hire a legal representation and make a successful claim. Even in China.

At this stage I have not approached any practice directly but I may get a name in a day or two. Altrnatively I can work it out and contact a few of them one by one and ask for background and pricing. I prefer however to use  EU based solicitor who is Chinese.

Actually I think your criticisim silverspoon is constructive.

 
member
Activity: 112
Merit: 10
...We will have our lawyers there in Shenzhen doing it properly...

No.  You will talk about it, you will try to get others to do it, you might even start a chat room or irc chan, hell you might even use TorChat with The Dome Of Silence, but you will not have your lawyer (lol, missed the plural, your lawyerS Cheesy) "there in Shenzhen doing it properly."
You ain't even got *one* Sad

I would have to agree that he will not get them sued. I would guess it would cost more than his investment to even try.

But that's the the basic tenet of cons like this:  Do't pull them on people with power/lawyers/money.  If a few get snared despite reasonable precautions, treat shit symptomatically.  Pay dangerous ones to go away, discreetly.
full member
Activity: 154
Merit: 100
Your pessimist subjective views has no importance and doesn't aid the solution.
Its's a plus if China is delicate about it and hopefully has a policy against international fraud.
The legal aspect will be clear after consulting lawyers.
There's no harm in trying.
hero member
Activity: 647
Merit: 501
GainerCoin.com 🔥 Masternode coin 🔥
...We will have our lawyers there in Shenzhen doing it properly...

No.  You will talk about it, you will try to get others to do it, you might even start a chat room or irc chan, hell you might even use TorChat with The Dome Of Silence, but you will not have your lawyer (lol, missed the plural, your lawyerS Cheesy) "there in Shenzhen doing it properly."
You ain't even got *one* Sad

I would have to agree that he will not get them sued. I would guess it would cost more than his investment to even try.
hero member
Activity: 647
Merit: 501
GainerCoin.com 🔥 Masternode coin 🔥
We do not need to ask the Chinese state for anything. We will have our lawyers there in Shenzhen doing it properly.
Of course international fraud with use of bitcoin by one of the world leading producers is something that may interest Chinese officials... there are many possible scenarios. I think we may recover and rack the costs on them.

You really think that you have any chance of recovering funds from this? I think they will laugh when you try to sue a guy named FriedCat who is supposedly kidnapped. I applaud the effort if you really try to get them for scamming, but China is not exactly the easiest place to stop fraud.
member
Activity: 112
Merit: 10
...We will have our lawyers there in Shenzhen doing it properly...

No.  You will talk about it, you will try to get others to do it, you might even start a chat room or irc chan, hell you might even use TorChat with The Dome Of Silence, but you will not have your lawyer (lol, missed the plural, your lawyerS Cheesy) "there in Shenzhen doing it properly."
You ain't even got *one* Sad
hero member
Activity: 859
Merit: 1000
We do not need to ask the Chinese state for anything. We will have our lawyers there in Shenzhen doing it properly.
Of course international fraud with use of bitcoin by one of the world leading producers is something that may interest Chinese officials... there are many possible scenarios. I think we may recover and rack the costs on them.
full member
Activity: 154
Merit: 100
Me and a friend contacted some people we know in China.
Their Attorney told us that lots of international fraud incidents happens in China and that the government is not happy about it.
And they told us to contact the Chinese Embassy because they are aware of the issue and will be willing to help us.
hero member
Activity: 859
Merit: 1000
Sorry guys but you are a bit ignorant about legal options available in this case. The company advertised as reliable and trustworthy and now there are a few thousands of their customers left with their claims. This is a very serious situation especially in China. I do not think we will have a problem with finding a reliable law firm who would represent the investors and chase the two companies and their directors. One is missing but there is at least one surviving director of Asicminer and Rockminer (and Amhash). We do not care that FC is missing and will never be found, the company is not communicating with its clients, something that has not happened before. It looks like a fraud and run. So we just want to be sure is it fraud or what...
sr. member
Activity: 420
Merit: 500
It will only casue more damage if we go the  legal path...

legal path? how should that work?
Is there any real name or an address?

Or you just want to sue "this ASIC guy from china"?


I keep my fingers crossed.
legendary
Activity: 1274
Merit: 1004
Many thanks byt411 for the translation, you did awesome job.
I see nothing about stolen miners at all.
THe e-mails prove beyond any reasonable doubt that Asicminer is deeply involved with Amhash. I cannot accept that they are not willing to settle their customers claims. Basically I cannot understand why Asicminers management is keeping low profile for such a long time. It will only casue more damage if we go the  legal path...
There never was a doubt that Asicminer is deeply involved with AMHash. Friedcat is the one that posted this thread announcing AMHash and said in the first post that the hashing power was provided by Asicminer. The issue is if friedcat holds all the private keys (which could be possible) and if so where the hell is friedcat?

Unfortunately, this is BTC. Succession planning isn't something that often comes up nearly as often as it should, and if FC does hold all the keys and he's just gone, there might be no solution to this. If Asicminer absconded with all the hardware and coin, I would be shocked if Rockminer or Havelock had anywhere near the coin to cover the losses even if they were so inclined.
hero member
Activity: 859
Merit: 1000
Thank you very much byt411.
It definitely gives us some insight.


From what I've learned so far.
As expressed in the emails, the robbing the mining equipment and the kidnapping of FC clams.

I'm going to make a wild guess here.
Some board members of Asicminer were annoyed by the share Rockminer got from the deal.
The Sudden drop of the BTC price to ~$320 those days probably created a panick,
and enstrengthened the hand of the annoyed board members.

And they decided to kill the project.

FC was the good connection between Rockminer and Asicminer.
He disappeared somehow and Rockminer had a hard time dealing with them.


Many thanks byt411 for the translation, you did awesome job.
I see nothing about stolen miners at all.
THe e-mails prove beyond any reasonable doubt that Asicminer is deeply involved with Amhash. I cannot accept that they are not willing to settle their customers claims. Basically I cannot understand why Asicminers management is keeping low profile for such a long time. It will only casue more damage if we go the  legal path...


newbie
Activity: 11
Merit: 0
Missed some stuff I guess.  Just wanted to confirm.  This stock is dead and we're all out the Bits, right?

Yeah.

Oh well.  At least I got all these dividends.  Cheers all!
full member
Activity: 154
Merit: 100
Missed some stuff I guess.  Just wanted to confirm.  This stock is dead and we're all out the Bits, right?

Yeah. Unless a miracle happens.
newbie
Activity: 11
Merit: 0
Missed some stuff I guess.  Just wanted to confirm.  This stock is dead and we're all out the Bits, right?
full member
Activity: 154
Merit: 100
Thank you very much byt411.
It definitely gives us some insight.


From what I've learned so far.
As expressed in the emails, the robbing the mining equipment and the kidnapping of FC clams.

I'm going to make a wild guess here.
Some board members of Asicminer were annoyed by the share Rockminer got from the deal.
The Sudden drop of the BTC price to ~$320 those days probably created a panick,
and enstrengthened the hand of the annoyed board members.

And they decided to kill the project.

FC was the good connection between Rockminer and Asicminer.
He disappeared somehow and Rockminer had a hard time dealing with them.





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