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atomicchaos

hero member

Activity: 630

Merit: 500

Quote from: iCEBREAKER on September 23, 2013, 01:55:42 AM

I'll spare you the obligitory lawyer cat meme and Bitcoin Police reference, but will note you got a strike on Activemining and another on Terrahash.

Will you wait for a third strike to let me try and turn your portfolio around?

Only 50BTC up front and 20% of profits.

He's fun to watch though.. It's almost like that guy sitting at the blackjack table at 3am, so focused on winning after many trips to the ATM, just tilting and throwing cash on the table, hoping to hit it big. I don't think he's ready to admit his strategy is very flawed.

In the case of TH, his path has been:

Blind support of TH, complete with cheerleading and collecting "badges" by attacking anyone that mentioned the slightest negative comment about Terrahash or stating that people should get a refund

Next, he attempted to become the spokesperson in this thread to negotiate the proper path for refunds, and stated that he was the best person to do it with his relationship with them. That didn't seem to pan out, so he then went to the next step.

To save some more face, he is trying to rally the people left to him and organize legal action. His initial posts made it sound like it was already in progress, but then points out last night that he just contacted a lawyer. Anyone previously mentioning getting a lawyer in the TH thread was quickly attacked by Bar, but I guess it's okay now.

I dunno, if I made a bad decision and hadn't used a method of payment that allowed me a full refund, I sure wouldn't want to put hope in him based on his track record! I think someone should form a quick offering and get Bar behind them while he is in full tilt mode.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: ?? on ??

Quote from: Tad3j on September 22, 2013, 10:54:25 AM

Bar, what if TH is only doing the next step, having no time to chat ... and preparing and working on the next plans? Mybe is that?

I hope that is what they are doing, but there's no excuse for not being on the forum for 7+ days with very little communication even prior to that.

That in combination with not answering their phone/tickets/emails isn't something we as customers can risk now. We've given them more than enough time to sort out their plans, I still hope they will come communicate and resolve this before it comes down to a lawsuit.

I'll spare you the obligitory lawyer cat meme and Bitcoin Police reference, but will note you got a strike on Activemining and another on Terrahash.

Will you wait for a third strike to let me try and turn your portfolio around?

Only 50BTC up front and 20% of profits.

Tad3j

sr. member

Activity: 270

Merit: 250

Bar, what if TH is only doing the next step, having no time to chat ... and preparing and working on the next plans? Mybe is that?

reneg

newbie

Activity: 9

Merit: 0

Forum Name: reneg
Order Number:#650
Order Status: Processing
What you like to see happen: Full refund asap!

guyver

full member

Activity: 216

Merit: 100

Forum Name: guyver
Order Number:576
Order Status: Processing
What you like to see happen: Full refund asap!

massnerder

sr. member

Activity: 308

Merit: 250

No power in the 'verse can stop me.

Quote from: duke1839 on September 17, 2013, 03:09:06 AM

Quote from: duke1839 on September 10, 2013, 06:05:16 PM

Forum Name: Duke1839
Order number: 524
Order Status: Processing
What you would like to see happen:

Use money paid for next venture

Or

100% refund ASAP

I have changed my mind. I am no longer interested in doing business with TerraHash and I would appreciate a full refund ASAP or I will be contacting an attorney.

Yea, me too. Given that they were 'ready' for so long and 'just waiting on chips' but couldn't fill one order on time when given his chips speaks volumes. Change my preference to just refund my BTC, I have no interest in being part of the next BFL ;p

duke1839

full member

Activity: 143

Merit: 104

Quote from: duke1839 on September 10, 2013, 06:05:16 PM

Forum Name: Duke1839
Order number: 524
Order Status: Processing
What you would like to see happen:

Use money paid for next venture

Or

100% refund ASAP

I have changed my mind. I am no longer interested in doing business with TerraHash and I would appreciate a full refund ASAP or I will be contacting an attorney.

Tad3j

sr. member

Activity: 270

Merit: 250

Forum Name: Tad3j
Order number: 458
Order Status: Processing
What you would like to see happen: 100% Refund in any time or send out the ordered miner within 1 month

JakeTri

full member

Activity: 154

Merit: 100

Forum Name: JakeTri
Order number: 833
Order Status: Processing
What you would like to see happen: 100% Refund right now

Note: I posted multiple tickets with refund requests on the support page. My first refund request from July 4 was due to missing update/email for 2 weeks based on Terrahash own comment (https://bitcointalksearch.org/topic/off-topic-198489).

On July 9 I received following reply from Amir:

Quote

All the products are made on order. We are unable to process your refund at this time, as we have already invested your money into sourcing the components and other equipment. Your products would be delivered within the promised time-frame

I tried to contact him again on this matter but that was the last reply from him on this matter.

bitcoin carpenter

legendary

Activity: 1582

Merit: 1001

Ok then keep reasing the old thread and come back when your readt to tell TH what you want

AtomSea

full member

Activity: 143

Merit: 100

So sexy, it hurts.

Based on the lack of data, it is impossible to make an informed decision at this point.
We need to ask them for more information, then get a tally.

AtomSea

full member

Activity: 143

Merit: 100

So sexy, it hurts.

No, it doesn't.

I want more information.

AtomSea

full member

Activity: 143

Merit: 100

So sexy, it hurts.

The problem is that one can't make a rational decision when all the facts are not known.

Unknowns:

1. We don't know the hash rate of the Avalon generation 2 chip.

2. We don't know when the chips can be shipped. (according to Steamboat it may be late November)

3. We still do not have any proof that the k16, let alone the k64, actually work. (Steamboat himself admits they still don't have a working k16, Terrahash has never proved it (code is not necessarily proof) and no one on the entire Klondike open-source thread has claimed victory and shown proof)

Question:
If while we are waiting for more information to answer 1-3, the 110nm chips are mailed off to Terrahash, does this lock us into the agreement and we have no chance to upgrade?

Other Issues:

A. It appears that the open-source Klondike group has fallen apart (BKKcoin, the one that was the brains behind it, states that he doesn't even have a floor to work on, amongst other family stresses, and has appeared to have backed out), and the work isn't completed yet.

B. Even if they are 2.5gig, Avalon has shown they can't meet shipping deadlines.

Thoughts:
I want to help out with research & development to support open-source projects, but a complete systemic failure is occurring here.

Humax

full member

Activity: 203

Merit: 100

The law of the universe!

Forum Name: Humax
Order Number:630
Order Status: Processing
What you like to see happen: Full refund asap!

Bitoy

sr. member

Activity: 449

Merit: 250

For me it's wait for avalon gen 2.

Some calculations if gen 2 is 10 x faster and fully backward compatible.

A k16 will be 45 gh
A k64 will be 180 Gh.

Around $5 per gh

if difficulty rises 25% every 11 days and delivery is on December 4 , It will roi in btc by February 26, 2014.

http://btcinvest.net/bitcoin-mining-profit-calculator.php?diff=86933017.771194&dcosts=250&diff_mincrease=25&blpbtc=25&dhsmhs=45000&diff_mincreasedecrease=0.2&btcusd=130&dpowcon=70&btcusd_mincrease=0&pcost=0.11&calcweeks=25&dleadtime=8&action=calc#

It will all depend on how much will bitsyncom sell its chips and can they really deliver by end of oct.

The disadvantage of this is we are at the mercy of bitsyncom again.
Posssible Advantage is chips may be sold at a cheaper price to win back customers.

gidi337

member

Activity: 97

Merit: 10

think we might just wait it out. terrahash probably has good plan b.

ethought

legendary

Activity: 1316

Merit: 1000

I would prefer if they could offer me some sort of product with a hashrate that reflects when units will be shipped.

5GH/s for $250 was only a good deal if it had been shipped in August. If they ship me 5GH/s unit in 3 months it will be a total waste of time and money. If they could ship me like a 10GH/s unit for what I paid when they are ready (provided I can get close to ROI at that power) - that would be acceptable.

bitcoin carpenter

legendary

Activity: 1582

Merit: 1001

Thanks Bargraphics
It will be nice to have a thread devoted to getting things done

AtomSea

full member

Activity: 143

Merit: 100

So sexy, it hurts.

An upgrade package is only worth it if:

1. It includes a 20% coupon for a future Terrahash product.
2. The 55nm chip can hash at 2.5gig or better.
3. The price doesn't go up.
4. They can be converted to thrashers & shipped to my door by December 1st.

If this can be done, then I have two 18gig machines that I want upgraded.

That being said, I would like to get my 4.5 gig machine with the 110nm chips.
It will make for a nice new toy to play with.
Peace.

bitcoin carpenter

legendary

Activity: 1582

Merit: 1001

I would also consider 70 refund
And 20 percent towards a 50 50 reinvest if there was no extra preorder garbage

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