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Topic: BFL refund through Paypal claim (Read 15291 times)

hero member
Activity: 602
Merit: 500
August 27, 2013, 02:19:15 PM
Got my refund yesterday!
https://www.dropbox.com/s/eh22z6r1u8fzrdn/Screen%20Shot%202013-08-27%20at%202.05.41%20AM.png

After a few hours on the phone and some nasty emails I got my money out of that pit. Even had PP refund a pre order purchased on ebay all in one shot.  Cool

Good to hear! Could you share the process you went through in more detail so that others can benefit from it?

Yea for sure. Basically after literally being laughed at by a PP agent I called my bank and explained to them PP's response. They where happy to reverse my charges even though it was way past there 90 day policy.  After I called back PP and explained that I had reversed the charges, they told me that this was the only way to open a case after the 45 day limit. They in turn charged BFL and I got my refund that day. All and all it was pretty painless it just took a few hours on the phone and a few joints to calm down after but I win so...
I hope this helps some people good luck getting your money back, I already started hashing the money they where holding.
legendary
Activity: 1190
Merit: 1000
August 27, 2013, 11:03:05 AM
Got my refund yesterday!
https://www.dropbox.com/s/eh22z6r1u8fzrdn/Screen%20Shot%202013-08-27%20at%202.05.41%20AM.png

After a few hours on the phone and some nasty emails I got my money out of that pit. Even had PP refund a pre order purchased on ebay all in one shot.  Cool

Good to hear! Could you share the process you went through in more detail so that others can benefit from it?
hero member
Activity: 602
Merit: 500
August 27, 2013, 08:06:16 AM
Got my refund yesterday!
https://www.dropbox.com/s/eh22z6r1u8fzrdn/Screen%20Shot%202013-08-27%20at%202.05.41%20AM.png

After a few hours on the phone and some nasty emails I got my money out of that pit. Even had PP refund a pre order purchased on ebay all in one shot.  Cool
legendary
Activity: 3878
Merit: 1193
August 26, 2013, 02:51:21 PM
All sales are final and they use paypal ?

how does that work ? paypal has 45day pre-order terms

https://www.paypal.com/us/webapps/helpcenter/article/?solutionId=39067&topicID=11500005&m=TCI

Quote
Guarantees shipment within 20 days from the date of purchase.

20 days. BFL quoting 60+ days for delivery has always been in direct violation of PayPal policies.
legendary
Activity: 1190
Merit: 1000
August 25, 2013, 12:36:33 PM
All sales are final and they use paypal ?

how does that work ? paypal has 45day pre-order terms

A sale is not a sale until the merchandise is shipped to the customer. What BFL is saying is "after you get your stuff, we will not give you your money back".
This actually has nothing to do with pre-order investors who have not yet received their miners.  Wink
sr. member
Activity: 251
Merit: 250
August 25, 2013, 10:56:09 AM
All sales are final and they use paypal ?

how does that work ? paypal has 45day pre-order terms
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
August 21, 2013, 07:21:05 PM
BF Labs Inc. has reversed its stance and will now honor all refunds via bitcoins: https://bitcointalksearch.org/topic/bf-labs-inc-officially-reinstated-their-once-ended-refund-policy-via-bitcoin-279173
hero member
Activity: 532
Merit: 500
August 21, 2013, 04:38:20 PM
BTC is like gold, it will eventually appreciate over time, the question then becomes is the wait worth it?

Could you use your time machine to go ahead and get me the next winning powerball lottery numbers please.
No. I never warp the space time continum for personal glory or greed.
legendary
Activity: 1764
Merit: 1756
Verified Bernie Bro - Feel The Bern!
August 21, 2013, 04:32:12 PM
BTC is like gold, it will eventually appreciate over time, the question then becomes is the wait worth it?

Could you use your time machine to go ahead and get me the next winning powerball lottery numbers please.
hero member
Activity: 532
Merit: 500
August 21, 2013, 01:29:41 PM
The smart ones who mine and refuse to sell what they mined WILL eventually get RoI, but when is the question.

They might get their USD back, they will never earn back what their investment in BTC. On the other hand, BTC could very easily drop back down to $60 and may never see these valuations again.

Also, hoping BTC rises in order to bail out underwater miners is not a very good investment premise.
Better to get a refund, then purchase BTC in that case. Zero uncertainty.
It's not a hope.  It will happen, the only question becomes when.  Gold used to be $34 an ounce.  How many people bought when it was shooting up to $800 only to see it fall to $400?  How many despaired and sold out and how many held and sold at $1600 or more? 

BTC is like gold, it will eventually appreciate over time, the question then becomes is the wait worth it?
legendary
Activity: 1190
Merit: 1000
August 21, 2013, 01:23:33 PM
The smart ones who mine and refuse to sell what they mined WILL eventually get RoI, but when is the question.

They might get their USD back, they will never earn back what their investment in BTC. On the other hand, BTC could very easily drop back down to $60 and may never see these valuations again.

Also, hoping BTC rises in order to bail out underwater miners is not a very good investment premise.
Better to get a refund, then purchase BTC in that case. Zero uncertainty.
hero member
Activity: 532
Merit: 500
August 21, 2013, 01:17:10 PM
I would of maybe waited even longer but seeing Josh's posts over the last couple weeks has just made me not want to do business with this company regardless of how much profit I might be able to earn with their miners.
Still hesitate? 99% of BFL customers (rather investors) will never get positive ROI. That is guaranteed!
Actually, it is not guaranteed unless the value of BTC stagnates and never climbs above it's current value.

The smart ones who mine and refuse to sell what they mined WILL eventually get RoI, but when is the question.

Now, if you made the statement "Those who used BTC to purchase will never get that amount of BTC back"  You could very well be correct.  From this point forward, it's pretty much impossible for ANYONE to mine 10,000 BTC even though it has been done in the past.  That 10,000 BTC was only worth a PIZZA at one point, it's worth a pretty huge house today.
hero member
Activity: 854
Merit: 500
August 21, 2013, 12:03:34 PM
Anyone had any direct contact with a specific person with a specific phone number at Paypal?

full member
Activity: 174
Merit: 100
August 04, 2013, 08:56:48 PM
I don't know about your country but in Canada if you sell something the buyer can cancel if you don't deliver within 60 days of the agree upon date. If there is no agreed upon date (E.G. 2 months or more would not count as an agreed upon date) they can cancel any time they like before the product is shipped. The way BFL practises business wouldn't be tolerated in any other industry, I think the problem here is more the number of people with dollar signs in their eyes who will give anyone money for the chance of getting magical money-making machines. It's really not rational, BFL is asking their customers to submit to ridiculous terms that are probably not enforceable just for a chance to own one of their magic boxes next year, maybe if you're lucky.

Any reputable business would at this point stop accepting orders and actually deliver product, even Avalon has been doing that and they're not exactly a fortune 500 operation.
hero member
Activity: 532
Merit: 500
August 04, 2013, 11:32:53 AM
^^H0ly crap, you have numbers for Paypal UK as well? Their automated BS diverting to Ireland or India outsourced customer services sucks!
legendary
Activity: 1890
Merit: 1003
August 04, 2013, 11:11:33 AM
hero member
Activity: 924
Merit: 501
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
July 21, 2013, 04:57:27 PM
bumping for posterity

+1 (to prove such posts get deleted)
hero member
Activity: 674
Merit: 500
July 21, 2013, 02:43:36 PM
bumping for posterity
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