Topic: [Guide] Dogie's Comprehensive Manufacturer Trustworthiness Guide [1st Feb 2016] - page 59. (Read 131506 times)

@magzy What I am saying is that we lost BTC on MtGox that we needed to convert to USD to give you a refund.  The first mistake you made was you ask for a refund before your wire transfer cleared, this is where the problem begun.  Since you was asking for a refund and your payment had not been accepted, then your refund was not accepted, then your payment was not marked as accepted for a month after that.

I will be happy to refund your money as soon as we start refunds, which should be next week when my customer service rep comes back to work.  We intend to refund 100% of our customers that want a refund, we have already started shipping to our Pre-Order customers that wanted our Prospector card and we offered them a 20% discount and we applied their Pre-Order funds to their new order.  You seem to be the only customer have a problem like this, so I think it was due to asking for a refund on the day you placed the order and not waiting until your wire transfer cleared the bank.

Everybody is entitled to their own interpretation, but I will say this: There is a strong incentive to play bankrupt as long as the statute of limitations keeps their effective liability intact. HashFast draws from a horrific playbook which is somewhat related to the economics of enslavement.

It all starts when you transfer money (something of real value) towards them in exchange for a future commitment. This future commitment gets transformed into something the customer has to "chase", which requires more time and effort and thus degrades their full liability towards an effective liability. They can do that because customers are human beings with a limited amount of time and persistence, and also because there are legal frameworks which allow them to make the hunt very cumbersome and limit the timescale for potential damages. Of course it also helps if the object of the hunt looks undesirable, like in a case of a possible bankruptcy.

It follows that the difference between the full liability and effective liability is an additional profit margin to their business. This is a form of windfall profit they can engineer themselves and thus they do. It still has to be revealed whether they are using that profit margin on top of the one from producing mining equipment or as a replacement. Time will tell.

They post, they don't reply.

There are always about 15 threads on the front page for Bitmain, and they do frequent here even if they don't post often. Their products and services are announced here. BlackMiner has decided they want to have no part to do with the forums.

I've no idea about BlackMiner, but since BITMAIN won't reply on the forum does that mean they should be removed also?

...
BlackMiner not added due to their withdrawal from bitcointalk.org.

Sue them then link me to your court documents, I can't help you otherwise.

And I assume you've sued them for the money they owe you right?

I have to protest VMC's promotion to C from D

1. There are no products. Only 1 picture of a hashfast dev board/ empty boxes.
2. Company is taking money for products that don't exists - saying that they are in stock. No pictures of said products. repeated requests to see pictures result in avoidance from Kenneth Slaughter of VMC.
3. I still have yet to receive my refund. I asked for it 4 months ago only to be met with silence, carrot dangling, stalling, douchbaggery and outright lies
4. KS stated in a post "scammers don't do refunds" - and he's right, no one has had a refund or come forward and said that they have had one.
5. His company is being investigated by the office of attorney General ( I have a letter I will post on here stating thus when I get to my computer)

Sorry for the delay guys, starting a cycle now. This will keep getting edited over the next few days.

Changelog 03/31/2014
Company changes:

• VMC promoted to C due to products being released. Promotion to C+ on independent verification of hardware.