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Topic: [Closed]Avalon Chips - 0.081 BTC (Global+Escrow)-BATCH2 SECURED - page 16. (Read 100377 times)

hero member
Activity: 630
Merit: 500
...
I'm not sure I understand what this means for batch #1 refunds.  Forgive my density, anyone care to elaborate/explain?
Batch #1 was odrered by escrow, and he placed a refund request at Avalon (https://bitcointalksearch.org/topic/m.3119178), but funds are not refunded to his address yet.

Batch #2 was ordered by zefir, jointly for all EU group-buys (this, marto, bizwoo, Sebastian). Same as above: refund request placed, funds not arrived yet.
sr. member
Activity: 490
Merit: 250
4. Refunds: [Edited: 13.Jun.2013]
Due to security reasons of the funds and the whole group-buy, there will be no refunds until the batch cannot be filled in any way and i decide to refund everybody. The maximum time a batch can be open is 6 weeks. In case avalon stops selling chips, all collected bitcoins will be transferred back to the senders.


What is that suppose to mean? We have to wait 6 weekst to get refunded?

This is relative to the order before batch #2 was filled.

So what about batch 2 ? We want refund and other gbs are already refunded.

I'm not sure I understand what this means for batch #1 refunds.  Forgive my density, anyone care to elaborate/explain?
hero member
Activity: 756
Merit: 500
4. Refunds: [Edited: 13.Jun.2013]
Due to security reasons of the funds and the whole group-buy, there will be no refunds until the batch cannot be filled in any way and i decide to refund everybody. The maximum time a batch can be open is 6 weeks. In case avalon stops selling chips, all collected bitcoins will be transferred back to the senders.


What is that suppose to mean? We have to wait 6 weekst to get refunded?

This is relative to the order before batch #2 was filled.

So what about batch 2 ? We want refund and other gbs are already refunded.
full member
Activity: 154
Merit: 100
ars longa, vita brevis
4. Refunds: [Edited: 13.Jun.2013]
Due to security reasons of the funds and the whole group-buy, there will be no refunds until the batch cannot be filled in any way and i decide to refund everybody. The maximum time a batch can be open is 6 weeks. In case avalon stops selling chips, all collected bitcoins will be transferred back to the senders.


What is that suppose to mean? We have to wait 6 weekst to get refunded?

This is relative to the order before batch #2 was filled.
hero member
Activity: 756
Merit: 500
4. Refunds: [Edited: 13.Jun.2013]
Due to security reasons of the funds and the whole group-buy, there will be no refunds until the batch cannot be filled in any way and i decide to refund everybody. The maximum time a batch can be open is 6 weeks. In case avalon stops selling chips, all collected bitcoins will be transferred back to the senders.


What is that suppose to mean? We have to wait 6 weekst to get refunded?
sr. member
Activity: 378
Merit: 250
No btc has been refunded to the escrow address yet.   Sad

https://blockchain.info/address/12o8iQqAve6yN6QnjhVg1yuaASb66jPJhs
member
Activity: 80
Merit: 10
Why Steve is not saying anything?

+1    I want to know if the chips are refunded at this moment!


^^^ Same here


John K., is there ANY update you can provide regarding batch one refund? As the escrow intermediary your feedback is demonstrable. I know you’re dealing with a chaotic vender. I would appreciate any updates despite the weight!!!


-MiKe2K
hero member
Activity: 505
Merit: 500
Why Steve is not saying anything?

+1    I want to know if the chips are refunded at this moment!
hero member
Activity: 756
Merit: 500
Why Steve is not saying anything?
hero member
Activity: 826
Merit: 1000
When do we get refund? Chips and shipping...

And I don't get exactly why we can't get refunds on boards. As far as I know they were not made since we were told that chips will not be added at later date and since prototype start working week or two back I don't think anyone would used money to buy components before working prototype is ready.

And since I was forced in refund I would like to see invoice that shows that you used money on components or I will ask for refund on this to since board was not send... (terms and conditions say(or did say at the time I was ordering) I can do that).

If I can't then I would like to get a board so I can buy gen2 chips anywhere. In this case I don't need refund on shipping.
hero member
Activity: 658
Merit: 500
CCNA: There i fixed the internet.
I think those that have purchased boards and chips should get a vote on whether or not to...

a) refund chips and profit margins on the boards (only 30-60% IF THAT)
Or
b) use the chip refund to purchase the new Avalon chips to put in the boards

I also read in other threads that Yifu is giving some groups discounts on the new chips to make up for the delay. We had better bloody get one too!
+1

Is there info on the new chps?
full member
Activity: 224
Merit: 100
I think those that have purchased boards and chips should get a vote on whether or not to...

a) refund chips and profit margins on the boards (only 30-60% IF THAT)
Or
b) use the chip refund to purchase the new Avalon chips to put in the boards

I also read in other threads that Yifu is giving some groups discounts on the new chips to make up for the delay. We had better bloody get one too!

Is there info on the new chps?
hero member
Activity: 896
Merit: 532
Former curator of The Bitcoin Museum
I think those that have purchased boards and chips should get a vote on whether or not to...

a) refund chips and profit margins on the boards (only 30-60% IF THAT)
Or
b) use the chip refund to purchase the new Avalon chips to put in the boards

I also read in other threads that Yifu is giving some groups discounts on the new chips to make up for the delay. We had better bloody get one too!
legendary
Activity: 1652
Merit: 1057
bigtimespaghetti.com
I think that chips will be refunded. The problem is refunding boards and assembly orders, if Steve already ordered and paid for parts and manufacturing. burnin is offering partial refunds (50%) to his customers, or a 70% for a transfer of the order on the next project (maybe bitfury board).


I'd hazard a guess that some kind of transfer will be available depending on Steve's proposal. I'm also fairly confident that some of the cost can be recouped for the boards, but this is the sticky point and depends entirely on how Steve deals with it.
hero member
Activity: 630
Merit: 500
I think that chips will be refunded. The problem is refunding boards and assembly orders, if Steve already ordered and paid for parts and manufacturing. burnin is offering partial refunds (50%) to his customers, or a 70% for a transfer of the order on the next project (maybe bitfury board).
legendary
Activity: 1652
Merit: 1057
bigtimespaghetti.com
All I'm saying is that there isn't money to refund everyone, so getting a refund is not a community solution.
Then what is?

Steve said he has something in the works. What that could be I have no idea. I could guess, but to what good? I have no reason to doubt him yet, he's put far more on the line than some other organisers. It would take some good news for this to be turned around though. I'm willing to wait to hear what it is.

I have doubts on Yifu's ability to refund everyone. That's pretty much my concern. Steve obviously can't talk about what's coming down the pike and we are all hostage to Yifu's ability or willingness to honour refunds.

We're all upset, time is of the essence, but there is nothing we can do but wait. As someone said in an earlier post, we are all chomping on a big shit sandwich. I think it's best to expect the worst case and hope for some off chance of salvage and at least getting something back.
legendary
Activity: 952
Merit: 1000
All I'm saying is that there isn't money to refund everyone, so getting a refund is not a community solution.
Then what is?
sr. member
Activity: 378
Merit: 250
Yep, it's a shit sandwich alright.  However, knowing that the money has already been spent on components, what exactly do you expect Steve to do?  He certainly can't refund us all.  Are you attempting to be a squeaky wheel?
I don't know what you mean by squeaky wheel.

I don't have an answer, that's why I'm asking the community: What are we supposed to do? If the majority voted for a refund on the Avalon chips, and the batch that my chips were in got a refund instead of chips, what do I do with my assembly order that is now useless? I can't just throw those BTC away.

"Squeaky wheel gets the grease." - It means the person that complains the loudest gets dealt with first, basically.

I must have misunderstood.  It seemed like you were specifically pushing Steve to refund, since you were quoting the refund policy from his website.

All I'm saying is that there isn't money to refund everyone, so getting a refund is not a community solution.
sr. member
Activity: 490
Merit: 250
Code:
56 42 7.98 1G6cQM3R2sFk5nBjjnXE1o9EUxvDsnYes4

This is my order. The refund can be sent to that address as soon as avalon sends the funds
legendary
Activity: 952
Merit: 1000
Yep, it's a shit sandwich alright.  However, knowing that the money has already been spent on components, what exactly do you expect Steve to do?  He certainly can't refund us all.  Are you attempting to be a squeaky wheel?
I don't know what you mean by squeaky wheel.

I don't have an answer, that's why I'm asking the community: What are we supposed to do? If the majority voted for a refund on the Avalon chips, and the batch that my chips were in got a refund instead of chips, what do I do with my assembly order that is now useless? I can't just throw those BTC away.
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