I explained the situation to BitPay Support, here their answer:
"Chris Ernst (BitPay)
Jul 18 03:56 pm (EDT)
They may not be doing refunds through us and might have their own way to do it. We haven't heard anything yet about how they want to do that.
We can't give you a refund without Avalon asking us to. Have you asked them about the status of your refund?
Chris
BitPay Support"
IMHO, Avalon again play with us in strange manner.
Topic: Avalon Store Batch 3 Status just went to "Refund Processing" - now "Completed" - page 16. (Read 19729 times)
July 18, 2013, 05:08:40 PM
July 18, 2013, 04:11:43 PM
Updated the OP with refunds reported in the wild.
July 18, 2013, 04:08:19 PM
Has anyone actually received a refund yet?
July 18, 2013, 02:32:49 PM
Agreed... A sane status would have been "Refund Pending"
That being said, I have no worries that a refund will show up... I think this was just a hack to allow shipping of B3 to get underway.
It would be irony if the refund timing is when BTC/USD value is the same as when we originally placed our B3 orders.
Shouldn't matter. They priced in bitcoin they should refund in bitcoin. Really that's what all asic companies should do.That being said, I have no worries that a refund will show up... I think this was just a hack to allow shipping of B3 to get underway.
It would be irony if the refund timing is when BTC/USD value is the same as when we originally placed our B3 orders.
No one buys BFL's silly rationale of giving USD refunds. If the price of bitcoin had gone down from when they first sold miners instead of up, who among us doubts they'd be offering the dollar equivalent in bitcoin instead with an equally self-serving rationale. It's all a self-protection strategy. Giving 1500btc refunds on a mini-rig today would break their bank, so of course they're giving USD refunds
July 18, 2013, 01:13:27 PM
Has anyone opened a support ticket about this, or is waiting the name of the game?
Although, even with a ticket, probably still have to wait a week for Yifu to check the boards.
I just want my refund!
Edit: nevermind, submitted my own ticket. I don't know why it says refunded if no money was actually ever refunded. Will update when/if I hear anything.
Although, even with a ticket, probably still have to wait a week for Yifu to check the boards.
I just want my refund!
Edit: nevermind, submitted my own ticket. I don't know why it says refunded if no money was actually ever refunded. Will update when/if I hear anything.
We are all wondering why it says refunded with no actual refund. Maybe one of two things, first being it was a glitch in the refund process. Secondly well that scenario wouldn't be good, but we all know what it entails.
or... language barrier.
"Refunded" to them means refund pending. Just be patient.
July 18, 2013, 12:22:31 PM
Agreed... A sane status would have been "Refund Pending"
That being said, I have no worries that a refund will show up... I think this was just a hack to allow shipping of B3 to get underway.
It would be irony if the refund timing is when BTC/USD value is the same as when we originally placed our B3 orders.
That being said, I have no worries that a refund will show up... I think this was just a hack to allow shipping of B3 to get underway.
It would be irony if the refund timing is when BTC/USD value is the same as when we originally placed our B3 orders.
Then it was a 4 month interest free loan
July 18, 2013, 12:19:57 PM
Agreed... A sane status would have been "Refund Pending"
That being said, I have no worries that a refund will show up... I think this was just a hack to allow shipping of B3 to get underway.
It would be irony if the refund timing is when BTC/USD value is the same as when we originally placed our B3 orders.
That being said, I have no worries that a refund will show up... I think this was just a hack to allow shipping of B3 to get underway.
It would be irony if the refund timing is when BTC/USD value is the same as when we originally placed our B3 orders.
July 18, 2013, 11:51:46 AM
Don't be paranoid, they are just tagging the different accounts and orders that need to be refunded.
Thats needed to start sending Batch#3.
July 18, 2013, 11:35:09 AM
Has anyone opened a support ticket about this, or is waiting the name of the game?
Although, even with a ticket, probably still have to wait a week for Yifu to check the boards.
I just want my refund!
Edit: nevermind, submitted my own ticket. I don't know why it says refunded if no money was actually ever refunded. Will update when/if I hear anything.
Although, even with a ticket, probably still have to wait a week for Yifu to check the boards.
I just want my refund!
Edit: nevermind, submitted my own ticket. I don't know why it says refunded if no money was actually ever refunded. Will update when/if I hear anything.
We are all wondering why it says refunded with no actual refund. Maybe one of two things, first being it was a glitch in the refund process. Secondly well that scenario wouldn't be good, but we all know what it entails.
Don't be paranoid, they are just tagging the different accounts and orders that need to be refunded.
July 18, 2013, 11:31:50 AM
https://blockchain.info/address/1BRMsYJ6eK9JxLCAneY4HZC5njRp3kSLEa so thats not enough to refund batch 3's? 44k coins is not a small number.
This is almost certainly a processing address. Even if it's not BitPay's or WalletBit's, it's likely owned by someone else.
July 18, 2013, 10:32:12 AM
Has anyone opened a support ticket about this, or is waiting the name of the game?
Although, even with a ticket, probably still have to wait a week for Yifu to check the boards.
I just want my refund!
Edit: nevermind, submitted my own ticket. I don't know why it says refunded if no money was actually ever refunded. Will update when/if I hear anything.
Although, even with a ticket, probably still have to wait a week for Yifu to check the boards.
I just want my refund!
Edit: nevermind, submitted my own ticket. I don't know why it says refunded if no money was actually ever refunded. Will update when/if I hear anything.
We are all wondering why it says refunded with no actual refund. Maybe one of two things, first being it was a glitch in the refund process. Secondly well that scenario wouldn't be good, but we all know what it entails.
July 18, 2013, 07:11:40 AM
Has anyone opened a support ticket about this, or is waiting the name of the game?
Although, even with a ticket, probably still have to wait a week for Yifu to check the boards.
I just want my refund!
Edit: nevermind, submitted my own ticket. I don't know why it says refunded if no money was actually ever refunded. Will update when/if I hear anything.
Although, even with a ticket, probably still have to wait a week for Yifu to check the boards.
I just want my refund!
Edit: nevermind, submitted my own ticket. I don't know why it says refunded if no money was actually ever refunded. Will update when/if I hear anything.
July 18, 2013, 03:11:53 AM
I don't know but I love the google street view of the BitSyncom HQ http://imgur.com/27RLBf8
I own rental property a few blocks away from that house ... small world. Best investment I've ever made. People are paying a fortune to live in Sheepshead Bay. July 18, 2013, 01:09:55 AM
Guys, may be this google form with our bitpay invoice urls was hacked by somebody and after the refund adresses was changed. Is it possible? I'm going crazy. Realy need BitSyncom explanation.
Did anyone's status change to 'refunded' who didn't ask for a refund? July 18, 2013, 12:03:41 AM
I don't know but I love the google street view of the BitSyncom HQ http://imgur.com/27RLBf8
Something wrong with the windows
July 17, 2013, 11:40:37 PM
I don't know but I love the google street view of the BitSyncom HQ http://imgur.com/27RLBf8
July 17, 2013, 11:34:15 PM
Guys, maybe this google form with our bitpay invoice urls was hacked by somebody and after the refund adresses was changed. Is it possible? I'm going crazy. Realy need BitSyncom explanation.
July 17, 2013, 05:47:56 PM
44,228.18543341 BTC was the total amount that passed through this wallet. 600 units x 74.46 = 44676. Give or take a messed up transactions and add some 4 modules and you would seem to end up with almost the same number.
*I did speak with Bitpay also and they are not in control of any of the coins that passed through their service.
*I did speak with Bitpay also and they are not in control of any of the coins that passed through their service.
July 17, 2013, 05:45:31 PM
^^ Why is it only 36 BTC?
Nevermind, saw your edit
My new guess is that maybe they don't have enough BTC stored to refund everyone right away. Seems like at least 20 people got refunds. Probably more than that.
Disclaimer: pure speculation
Nevermind, saw your edit
My new guess is that maybe they don't have enough BTC stored to refund everyone right away. Seems like at least 20 people got refunds. Probably more than that.
Disclaimer: pure speculation
https://blockchain.info/address/1BRMsYJ6eK9JxLCAneY4HZC5njRp3kSLEa so thats not enough to refund batch 3's?
It would seem it was a distributing address. It does lead to a 10k wallet with zero transactions. 19a6dd1f8a07da56704f9e8661854482e062667106207fe797fe3587d78c84932013-03-25 11:17:15 was the first transaction of the wallet address which was the same day as the batch 3 orders opened.
July 17, 2013, 05:44:29 PM
^^ Why is it only 36 BTC?
Nevermind, saw your edit
My new guess is that maybe they don't have enough BTC stored to refund everyone right away. Seems like at least 20 people got refunds. Probably more than that.
Disclaimer: pure speculation
It's more likely that they're just backlogged on the work of actually providing refunds than out of btc, I think.Nevermind, saw your edit
My new guess is that maybe they don't have enough BTC stored to refund everyone right away. Seems like at least 20 people got refunds. Probably more than that.
Disclaimer: pure speculation
How many refunds can one person process a day and also be sure they're not getting scammed for 100 btc. People sending partial information, or wrong information, people giving the wrong order# (as I almost did), etc.
Jump to: