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Topic: [Group Buy#1] Avalon ASICs CHIPS! Using JohnK as escrow! FINISHED! - page 19. (Read 150591 times)

sr. member
Activity: 246
Merit: 250
My spoon is too big!
Please contact me via PM or email to get my refund address (or confirm ownership of my originating address) when the time comes to start sending us back our BTC. I think I might have sent my payment from an old wallet...

Did you fill out my form? I believe bigbeninlondon is using this to build his refund tracker spreadsheet. I have also PM'd John with the applicable spreadsheets and form results to help streamline this whole process.

Here is the form for refund / chip transfer tracking:
https://docs.google.com/forms/d/1Db9Xx8NYvjnq-Pm7MmuVgWauTP1qSaFRyemI_sa5DkA/viewform
hero member
Activity: 714
Merit: 500
Please contact me via PM or email to get my refund address (or confirm ownership of my originating address) when the time comes to start sending us back our BTC. I think I might have sent my payment from an old wallet...
hero member
Activity: 812
Merit: 505
The Last NXT Founder
I'll take what I can get, just stating my opinion
member
Activity: 106
Merit: 10
Thanks to the chaps sorting this out. I'm more than happy to get 97% back of the original amount I put into this. Like everybody else, I would have preferred the chips delivered on time (otherwise we wouldn't have paid up in the first place - right?) but this far exceeds my return on my previous mining attempt from BFL.... Great work - thanks chaps. And thank god for escrow.
hero member
Activity: 742
Merit: 500
I've gone through and added up all the swaps, and calculated a refund amount based on the swaps, located in Column N of the "Original Data" sheet.  This refund amount was calculated leaving John K's fee intact.  Any other payment for facilitating (Me, Noitev, redphlegm) has NOT been included in that total.  RagingAzn628's fee is NOT included in that total.

Please review and let me know if you find any mistakes.

Keep in mind that I did not do any calculations with regards to secondary purchases.  That is, if you sold your chips, that sale is private;  acquiring chips through bartering after the group buy is done should be viewed as a private transaction.  For instance, if you traded someone your car for their stake on chips, the group buy should only refund you what the chips cost to the original buyer and not the value of your car.  

Which spreadsheet are you referring to now?  Just to be clear on everything.

The same one I put out a while ago.  I just added some columns.

https://docs.google.com/spreadsheet/ccc?key=0ApT7WUJuJCwMdEhFX2UxbF9Nd0xydmhnUUJiZVBLVlE#gid=0

member
Activity: 87
Merit: 12
donator
Activity: 290
Merit: 250
I haven't read this thread in a while, and am in for 70 chips or so... Is the refund being processed to the originating address? Am I supposed to contact someone? Any kind soul up to date care to post an update? (Really not interested in reading 20 pages of he/she/who/what)

sr. member
Activity: 322
Merit: 250
I've gone through and added up all the swaps, and calculated a refund amount based on the swaps, located in Column N of the "Original Data" sheet.  This refund amount was calculated leaving John K's fee intact.  Any other payment for facilitating (Me, Noitev, redphlegm) has NOT been included in that total.  RagingAzn628's fee is NOT included in that total.

Please review and let me know if you find any mistakes.

Keep in mind that I did not do any calculations with regards to secondary purchases.  That is, if you sold your chips, that sale is private;  acquiring chips through bartering after the group buy is done should be viewed as a private transaction.  For instance, if you traded someone your car for their stake on chips, the group buy should only refund you what the chips cost to the original buyer and not the value of your car.  

Which spreadsheet are you referring to now?  Just to be clear on everything.
hero member
Activity: 812
Merit: 505
The Last NXT Founder
hey guys,

Let's make one thing clear... I do NOT have the BTC from this group buy. I never did. JohnK was the escrow and he has everything. He will be around soon, I don't know where he went. I do not have the chips from this group buy either .... that's why we are being refunded.

except for the sample chips... Can you pay for john k's escrow fee/ the people who took over since you kinda failed as a group buy organizer...

That's not how it works, Noitev. You are paying JohnK's escrow fee, because you are now getting the full force of his protection.

Im aware and appreciate john ks existence, Im just saying raging more or less blatantly tried to steal our chips (he stole 20 already) and since we did everything to prevent it, he wants his entire share back as a fallback. Isn't it suspicious that he's never on, except when money is at stake for him? we paid for john k. to prevent exactly what he did, and now that we have some of his funds, I think it's only fair we subtract johns fee from raging's investment.

Also, as much as I love John k, we resorted to having to use group buy members to facilitate the transaction/cancellation. I understand both sides of the argument, namely that raging is saying "The price is 1.5% higher so that if I scam you, you get your money back." but when he actually does, isn't it fair that he pay for the 1.5%? I understand it could have very well have been a poor set of circumstances and that he might not have tried to scam us, but my opinion is totally opposed to that when he magically becomes healthy enough to post on the forums, something he was incapable of doing while he had control of over 50,000 dollars in hardware coming to him and had endless queries asking chip statuses. The only time he ever posted was when he was in serious risk of losing his chips

-just moved in to my house, that's why I was gone, relax
-death in the family, sorry Im still ok to do this
-therapist told me to separate myself from the internet, everything is still fine
-Oh there's a refund? ok, give me all my money back then...

Obviously he doesn't deserve the 1% so he's not going to argue for that, but he'll be damned if he comes out of this with less than what he put in after all the work he's gone through failing to scam us. I was ok with all of this so far, since I talked to prodigits a few times on skype. That was until raging said he gave the sample chips that were decidedly not his to prodigits7, a personal friend of his he wants to repay for doing damage control on his kncminer groupbuy. I'd value the chips at over 4 btc total since they were shipped months ago. So if raging feels like he can pay prodigits, why not pay the people doing damage control here? I honestly wouldn't really care if raging would just pay for the 1.5% escrow fee, but he's gonna try to profit on this failed groupbuy by double dipping in the chips and the full amount of the refund? screw that.
sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
hey guys,

Let's make one thing clear... I do NOT have the BTC from this group buy. I never did. JohnK was the escrow and he has everything. He will be around soon, I don't know where he went. I do not have the chips from this group buy either .... that's why we are being refunded.

That's not the issue.  The issue is that you went AWOL when shit hit the fan.  Your "facilitation" fee was not earned nor do I think it is deserved.  Do you disagree?  I make no judgment on your part; things happen.  But I don't feel that you earned your fee.  If you believe you have earned it, feel free to make your case.  I imagine you probably won't find a lot of support here as your absence caused a large amount of distress for many of us.

Edit: I believe are entitled to a refund just like everyone else.  But we paid a "fee" of 1% to you for organizing and facilitating this group buy, which you failed to do.  THAT is what I feel you are not entitled to.


Agreed. I do NOT want or deserve my 1% fee.

It will be refunded to the group buy.

Thank you for taking the high road.
member
Activity: 87
Merit: 12
hey guys,

Let's make one thing clear... I do NOT have the BTC from this group buy. I never did. JohnK was the escrow and he has everything. He will be around soon, I don't know where he went. I do not have the chips from this group buy either .... that's why we are being refunded.

except for the sample chips... Can you pay for john k's escrow fee/ the people who took over since you kinda failed as a group buy organizer...

That's not how it works, Noitev. You are paying JohnK's escrow fee, because you are now getting the full force of his protection.
member
Activity: 87
Merit: 12
I think the spreadsheet that I've posted contains all the pertinent information.  I understand that bitcoin was the measurement, and not chips (although why that was is beyond me; it's a lot easier to split bitcoin than chips).  This is why my sheet contains rounded information as well, since we couldn't feasibly split chips.  I can fancy it up and add exact btc amounts as well, to make sure everything adds up.

It should be identical for original payors. The payments were all odd values due to fees, overpayments, etc.  People who paid in bitcoins should get refunded the amount they paid in. People who bought bitcoins should get refunded the value of the bitcoins in terms of the original value, less JohnK's escrow fee and the 1% removed for raginazn for the ORIGINAL orderer, which the buyer will then get a fraction of. That's where you will find the tricky algebra.

Can do.  However, should raging get his original 1%?  He fucking bounced.  I vote he gets jack shit.  John K deserves his cut, but raging just kind of left us holding the bag here.



Ragin's fee was part of the math that you will have to take into account when revisiting the math. I didn't say he should get it, I said you're gonna have to add it in if you try to use the chip totals.
hero member
Activity: 742
Merit: 500
I've gone through and added up all the swaps, and calculated a refund amount based on the swaps, located in Column N of the "Original Data" sheet.  This refund amount was calculated leaving John K's fee intact.  Any other payment for facilitating (Me, Noitev, redphlegm) has NOT been included in that total.  RagingAzn628's fee is NOT included in that total.

Please review and let me know if you find any mistakes.

Keep in mind that I did not do any calculations with regards to secondary purchases.  That is, if you sold your chips, that sale is private;  acquiring chips through bartering after the group buy is done should be viewed as a private transaction.  For instance, if you traded someone your car for their stake on chips, the group buy should only refund you what the chips cost to the original buyer and not the value of your car.  
hero member
Activity: 812
Merit: 505
The Last NXT Founder
hey guys,

Let's make one thing clear... I do NOT have the BTC from this group buy. I never did. JohnK was the escrow and he has everything. He will be around soon, I don't know where he went. I do not have the chips from this group buy either .... that's why we are being refunded.

That's not the issue.  The issue is that you went AWOL when shit hit the fan.  Your "facilitation" fee was not earned nor do I think it is deserved.  Do you disagree?  I make no judgment on your part; things happen.  But I don't feel that you earned your fee.  If you believe you have earned it, feel free to make your case.  I imagine you probably won't find a lot of support here as your absence caused a large amount of distress for many of us.

Edit: I believe are entitled to a refund just like everyone else.  But we paid a "fee" of 1% to you for organizing and facilitating this group buy, which you failed to do.  THAT is what I feel you are not entitled to.


I agree with this sentiment. If we reward Ragin for poorly running a group buy it sends the wrong message. There should be negative repercussions for not adequately organizing a group buy and causing distress among its members. Ragin's fees should rollover to pay JohnK.

Exactly, a lot of people had to take time out of their hands to get this going back on track with you totally gone. The fact that you are back on after everything I heard from prodigits7 (which made you sound unfit for communication online or otherwise) is quite unsettling to me. Additionally, you gave chips that weren't yours to prodigits7. I'd have more sympathy for you if you came on at any point before the checkbooks were opened, but I really feel you should pay for the escrow fee and bigbeninlondon and I's work.
newbie
Activity: 23
Merit: 0
hey guys,

Let's make one thing clear... I do NOT have the BTC from this group buy. I never did. JohnK was the escrow and he has everything. He will be around soon, I don't know where he went. I do not have the chips from this group buy either .... that's why we are being refunded.

That's not the issue.  The issue is that you went AWOL when shit hit the fan.  Your "facilitation" fee was not earned nor do I think it is deserved.  Do you disagree?  I make no judgment on your part; things happen.  But I don't feel that you earned your fee.  If you believe you have earned it, feel free to make your case.  I imagine you probably won't find a lot of support here as your absence caused a large amount of distress for many of us.

Edit: I believe are entitled to a refund just like everyone else.  But we paid a "fee" of 1% to you for organizing and facilitating this group buy, which you failed to do.  THAT is what I feel you are not entitled to.


I agree with this sentiment. If we reward Ragin for poorly running a group buy it sends the wrong message. There should be negative repercussions for not adequately organizing a group buy and causing distress among its members. Ragin's fees should rollover to pay JohnK.
hero member
Activity: 714
Merit: 500
Coin Generator
hey guys,

Let's make one thing clear... I do NOT have the BTC from this group buy. I never did. JohnK was the escrow and he has everything. He will be around soon, I don't know where he went. I do not have the chips from this group buy either .... that's why we are being refunded.

That's not the issue.  The issue is that you went AWOL when shit hit the fan.  Your "facilitation" fee was not earned nor do I think it is deserved.  Do you disagree?  I make no judgment on your part; things happen.  But I don't feel that you earned your fee.  If you believe you have earned it, feel free to make your case.  I imagine you probably won't find a lot of support here as your absence caused a large amount of distress for many of us.

Edit: I believe are entitled to a refund just like everyone else.  But we paid a "fee" of 1% to you for organizing and facilitating this group buy, which you failed to do.  THAT is what I feel you are not entitled to.


Agreed. I do NOT want or deserve my 1% fee.

It will be refunded to the group buy.
hero member
Activity: 742
Merit: 500
hey guys,

Let's make one thing clear... I do NOT have the BTC from this group buy. I never did. JohnK was the escrow and he has everything. He will be around soon, I don't know where he went. I do not have the chips from this group buy either .... that's why we are being refunded.

That's not the issue.  The issue is that you went AWOL when shit hit the fan.  Your "facilitation" fee was not earned nor do I think it is deserved.  Do you disagree?  I make no judgment on your part; things happen.  But I don't feel that you earned your fee.  If you believe you have earned it, feel free to make your case.  I imagine you probably won't find a lot of support here as your absence caused a large amount of distress for many of us.

Edit: I believe are entitled to a refund just like everyone else.  But we paid a "fee" of 1% to you for organizing and facilitating this group buy, which you failed to do.  THAT is what I feel you are not entitled to.
hero member
Activity: 714
Merit: 500
Coin Generator
hey guys,

Let's make one thing clear... I do NOT have the BTC from this group buy. I never did. JohnK was the escrow and he has everything. He will be around soon, I don't know where he went. I do not have the chips from this group buy either .... that's why we are being refunded.

except for the sample chips... Can you pay for john k's escrow fee/ the people who took over since you kinda failed as a group buy organizer...

I do not have the sample chips. Prodigits7 does.

What are you talking about? Everything was fine. The order got placed and we all waited. Now we're continuing to wait for refund. Everyone paid the escrow fee. Including me.
hero member
Activity: 812
Merit: 505
The Last NXT Founder
hey guys,

Let's make one thing clear... I do NOT have the BTC from this group buy. I never did. JohnK was the escrow and he has everything. He will be around soon, I don't know where he went. I do not have the chips from this group buy either .... that's why we are being refunded.

except for the sample chips... Can you pay for john k's escrow fee/ the people who took over since you kinda failed as a group buy organizer...
hero member
Activity: 714
Merit: 500
Coin Generator
hey guys,

Let's make one thing clear... I do NOT have the BTC from this group buy. I never did. JohnK was the escrow and he has everything. He will be around soon, I don't know where he went. I do not have the chips from this group buy either .... that's why we are being refunded.
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