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Topic: Get a REFUND from Yifu for Avalon chips - page 4. (Read 6267 times)

member
Activity: 98
Merit: 10
I do not sell Bitcoins. I sell SHA256(SHA256()).
August 10, 2013, 02:34:51 AM
#18
Only buy from manufacturers that sell stock on hand. Like ASICMINER.
sr. member
Activity: 490
Merit: 250
August 10, 2013, 02:22:25 AM
#17
I bought hundreds of gigahash worth of avalon chips.  If they conform to approximately to the most recent time-frame statements, I would not be too dissatisfied TBH.

We don't need to stir the pot.  Boycotts are one thing and perfectly okay, but if we sue Bitsyn our BTC will pay for his lawyers for a long drawn out trial. I'll bet all my bitcoins that lawsuit = terribly delayed chips

KEEP CALM
AND
CARRY ON

People will buy your preorder slots at more than what you paid at the moment. If you are dissatisfied, sell your chip orders.
hero member
Activity: 924
Merit: 1000
August 10, 2013, 01:40:56 AM
#16
Demand Refunds and Boycott Avalon:

https://sites.google.com/site/boycotavalon/
eve
full member
Activity: 210
Merit: 100
August 10, 2013, 12:49:16 AM
#15
The thing that's stopping me from asking for a refund is the collateral damage it might cause to Steamboat. I've already paid for chips and assembly and know that Steamboat has already spent money to acquire components in good faith.

 How can I ask for a refund under those circumstances, knowing that Steamboat is completely blameless for Avalon not following through ?

 It's not an easily rectifiable situation.
Thats true, but at the same time you risk a default if steamboat actually does offer anyone a refund.

In the first place you were being deceived by the sweat talk of the Avalon chips by these promoters, they talk you into this group buy.
hero member
Activity: 924
Merit: 1000
August 09, 2013, 11:58:54 PM
#14
In all deference to the builders out there the idea here is pretty simple. We need to hold these companies accountable for late delivery or in this case NON-DELIVERY. It makes the most sense at this point to get full refunds for those who ask for it as there is little or no direct communication and or tracking information available to the people who have purchased the chips.

If things are not delivered then they should be refunded full stop at this point there is nothing in what Avalon is posting that indicates where our orders are and when they even expect to be delivered. Sorry but at this juncture it is time to demand refunds. Failing a refund the community needs to hold Avalon accountable and I would suggest that we enforce a boycott on Avalon products and band together to spread that message across the whole community. There are certainly companies that deliver their products on time and as promised all we are asking is that Avalon lives up to the NO BULLSHIT policy. They didn't deliver on time, they didn't deliver the development chips on time and they have not provided any useful information to those operating the group buys, the ultimate customers, so we need to push back this is the right time. Their future sales hang in the balance here and if we have to shut them down by refusing to buy anything they produce then so be it.

Legal options are available but Avalon need to rectify the failure to deliver with a refund. They gave refunds to Batch 3 buyers the chips are no different. They are late they need to be refunded if we ask and I dare say many are asking. This is not the time to simply wait and give Avalon the benefit of the doubt. Lack of delivery means that they have a legal obligation to refund their customers. There is no escaping that given the promises they made regardless of them taking down the terms and conditions they posted. Refunds or Boycotts coupled with Lawsuits that is the pattern we need to pursue.
legendary
Activity: 1890
Merit: 1003
August 09, 2013, 03:14:49 PM
#13
The thing that's stopping me from asking for a refund is the collateral damage it might cause to Steamboat. I've already paid for chips and assembly and know that Steamboat has already spent money to acquire components in good faith.

 How can I ask for a refund under those circumstances, knowing that Steamboat is completely blameless for Avalon not following through ?

 It's not an easily rectifiable situation.
Thats true, but at the same time you risk a default if steamboat actually does offer anyone a refund.
newbie
Activity: 59
Merit: 0
August 09, 2013, 02:18:06 PM
#12
I think we might sue Yifu in U.S.A.
Yifu the Ass is an America, right?


The loss of chip buyers can be calculated by the PPS model. Someone please start a group lawsuit, and we can argue that Yifu should pay the loss based on PPS.
legendary
Activity: 1652
Merit: 1067
Christian Antkow
August 09, 2013, 02:15:02 PM
#11
 The thing that's stopping me from asking for a refund is the collateral damage it might cause to Steamboat. I've already paid for chips and assembly and know that Steamboat has already spent money to acquire components in good faith.

 How can I ask for a refund under those circumstances, knowing that Steamboat is completely blameless for Avalon not following through ?

 It's not an easily rectifiable situation.
hero member
Activity: 624
Merit: 502
August 09, 2013, 01:44:22 PM
#10
A refund on it's own, wont fix the problem.  Some of us have paid for fabrication, and others have given up their jobs to build these devices.

I'm all for compromises too.  Yifu could just walk away from it all, and let the company fold.  That's no good for the community either.

Chips now + partial refund + 2nd gen chips at cost.

Best outcome for everyone!

Assemblers dont lose money on parts/equipment
Everyone gets a good deal
People's faith in Avalon is restored!




legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
August 09, 2013, 12:43:06 PM
#9
This question in our groupbuy was answered differently. Some would like a refund, more seem to go through, but of course this might change with every day going by.
sr. member
Activity: 339
Merit: 250
Vice versa is not a meal.
August 09, 2013, 11:16:00 AM
#8
It's not even sure that people who bought chips get anywhere near to zero loss.
That all is a big bang of shit comming torwards us and any announcement of new gen chips makes it even more worse.
The Hashrate will gain so significantly that we wouldnt be able to get our money back in 2 Years without paying any elcetricity bills.
There is a little timewindow between right now and beginning of October. Right in that time are the chips able to produce enough coins so you could be able to gain even your invest. But you will not be able because the chips wont even arriv ein 3 fucking weeks. Will then first assembled and you will just die in a fucking fire then because when you get it its 15 days left till your machine becomes totally useless.

hero member
Activity: 798
Merit: 531
Crypto is King.
August 09, 2013, 11:01:19 AM
#7
I'm not expecting anything, other than some very late chips.

Just saying a refund on it's own does not let Yifu off the hook. How will he be able to show his face in public again, without making amends?

One acronym for you

BFL
hero member
Activity: 546
Merit: 500
August 09, 2013, 10:39:08 AM
#6
I'm not expecting anything, other than some very late chips.

Just saying a refund on it's own does not let Yifu off the hook. How will he be able to show his face in public again, without making amends?
full member
Activity: 228
Merit: 100
This is not good for my Chi... Yifu
August 09, 2013, 10:33:53 AM
#5
Yifu Guo failed to honour his own terms of sale.
A refund must be granted to those who request one.

cheers,
kev

hero member
Activity: 602
Merit: 500
August 09, 2013, 10:27:09 AM
#4
A refund on it's own, wont fix the problem.  Some of us have paid for fabrication, and others have given up their jobs to build these devices.

I'm all for compromises too.  Yifu could just walk away from it all, and let the company fold.  That's no good for the community either.

Chips now + partial refund + 2nd gen chips at cost.

i feel your pain but...... right.. like they would actually do that
hero member
Activity: 532
Merit: 500
August 09, 2013, 10:25:24 AM
#3
A refund on it's own, wont fix the problem.  Some of us have paid for fabrication, and others have given up their jobs to build these devices.

I'm all for compromises too.  Yifu could just walk away from it all, and let the company fold.  That's no good for the community either.

Chips now + partial refund + 2nd gen chips at cost.

They won't fold they don't need your money anymore.
hero member
Activity: 546
Merit: 500
August 09, 2013, 09:54:59 AM
#2
A refund on it's own, wont fix the problem.  Some of us have paid for fabrication, and others have given up their jobs to build these devices.

I'm all for compromises too.  Yifu could just walk away from it all, and let the company fold.  That's no good for the community either.

Chips now + partial refund + 2nd gen chips at cost.
full member
Activity: 228
Merit: 100
This is not good for my Chi... Yifu
August 09, 2013, 09:12:03 AM
#1
Many of the community have invested in these chips at a time when AVALON had elevated themselves into arguably the top slot for BTC mining equipment. So far they have delivered 1 batch of chips to their "western" customer base and they were some 4 weeks overdue.

Their "No Bullshit" terms of sale have not been followed; sample/developer chips provided 4 weeks after payment of order didnt happen. Shipping of chips 9-10 weeks after payment didnt happen. They are clearly in violation of their own terms of sale and therefore must offer a full refund to those purchasers requesting such.

Whatever you have been told, their statement "No refunds" does not effect our statutory rights as consumers (under UK law and probably most other countries). I am a large shareholder in a group buy who have already requested a refund and have not received any reply. This is simply not acceptable from a company who has taken $millions of our money. Our group has realised that this 6+ week in delay and counting has effectively made the chips worthless to us.

If the majority of shareholders in group buys decide that they will be wasting more money for fabrication costs and having no chance of seeing a ROI, then perhaps, its time to demand a full REFUND from BitSyncom,  after all there are other companies which can likely deliver sooner and represent a more favourable investment.

I would urge all batch leaders to poll your group buy members and find out what THEY want, if a large number of group buy leaders request a refund, there will have to start addressing the issue. BitSyncom need to understand that they need to open up channels of communication and address this serious issue which affects hundreds if not thousands of consumers.

If this situation continues for much longer, the chips will not be worth their initial cost + development cost.
If you have any information about BitSyncom, full personal details,addresses (for legal communication), telephone numbers and e-mail addresses, Links to their personal media pages, personal future appointments at events (dates and locations), any info which will help to make contact, please post it on this thread.

Please refrain from posting 1 line, throw away comments, they probably wont help our collective cause.
Thanks for reading,

kev
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