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Topic: HashFast announces specs for new ASIC: 400GH/s - page 165. (Read 880461 times)

gmaxwell

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Quote from: cedivad on March 15, 2014, 04:26:58 PM

Just out of curiosity, you stated in the other thread that your deadline was the 31 of January. Batch 1 deadline was the 31 of December, so you are batch 2, right?

Gah no. I started to type January 1st and then realized the actual date was Dec 31st and didn't fix the month. My purchases were August 14th and September 1st, both Batch 1. (thanks for pointing that out, I fixed it)

They sent the revised terms to me on 08/21. I just personally consider them binding both due to the second purchase and because I talked to them after, considered immediately demanding a refund but didn't— because frankly the revised terms seemed more realistic to me... I was worried that they'd be a day late and get slammed with refunds and that didn't strike me as fair or wise. So if anything the contract revision increased my confidence... how foolish I was.

cedivad

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Just out of curiosity, you stated in the other thread that your deadline was the 31 of January. Batch 1 deadline was the 31 of December, so you are batch 2, right?
In the case of Morici, HashFast had another ToS live in their website, not the one that they retroactively imposed to batch 1 customers.

A few people in this thread ordered with the first, non recognized version (see: http://hashfast.org/Terms_of_Sale/8_August_2013 and the ToS was later unilaterally changed to: http://hashfast.org/Terms_of_Sale/25_August_2013).

Useless to note, HashFast is denying this detail.
Posted from Bitcointa.lk - #YxVBdgqoqqJ26awz

gmaxwell

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Quote from: ninjarobot on March 15, 2014, 02:10:52 PM

The bottom line is that money is power.

Well, hey, some of us still have money here, and their 90%-100% losses on HF so far haven't left them broke. Is there some slot where I can insert money and receive justice? I too am unhappy with them getting away with the fraud— even more so than my financial loss. I'm willing to double down on my losses if I was reasonably confident that the result would be them not getting away with it, because I'm very concerned with the long term effects on the mining ecosystem if its possible for hardware vendors to freely get away with fraud. What I don't have an abundance of is time.

I was thinking of perhaps funding some bounties for things like most effective community action to prevent others from getting defrauded by hashfast, but I'm not sure I have time to administer it— and esp. in terms of figuring how how to convince people that I'm being serious when I say that I really don't want anything illegal done.

gmaxwell

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Quote from: cedivad on March 15, 2014, 01:17:26 PM

Pete Morici for example is suing them in court, instead of going with AAA/JAMS. That's a breach of the contract.
It really depends on the strategy you are following. (Morici states that the contract was sent to him one week after his purchase; by email).
Posted from Bitcointa.lk - #PrO8XVnUfBUyTgW7

It was also sent to me in email after my first purchase too, after a couple days delay. If they sent it to him at the same time they sent it to him it would have been a long time after his purchase. But I accepted the agreement and later— after HF had continued to say they were on-time for a few more weeks— made another purchase. I could probably also make Morici's argument— that October 20th was the only relevant date— for my first purchase... but I'm really trying to give hashfast every bit of slack: Business is hard. But being screwed over even after giving them the benefit of doubt on ambiguity about which terms were actually in effect stinks.

Sadly, if HF is run as incompetently as they appear to be there likely will be nothing to recover. Getting a larger fraction of what they owe me at the expense of causing a complete loss for people making purchases now (under newer, even crapper terms) doesn't really strike me as the right thing to do, at least personally. I don't fault other people for forcing hashfash to comply with the agreement though. The fault rests exclusively on hashfast if they drafted a contract of adhesion that they couldn't live up to themselves.

ninjarobot

hero member

Activity: 761

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Mine Silent, Mine Deep

HashFast's behavior has been completely unacceptable by any measure. The fact that they seem to be getting away with it irks me to no end.

The bottom line is that money is power.
A pre-order is you giving that power to a counterparty based on trust, promises and a sales contract.
The counterparty can decide to default on their contract/promises and proceed to use that power against you.
HF has been doing exactly that by hiring Strategic Counsel Corp. and Zuber Lawler & Del Duca.

cedivad

legendary

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yxt

legendary

Activity: 3528

Merit: 1116

they can wrote much.
Who says that this point or the complete terms and conditions at all are valid.

cedivad

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Quote from: yxt on March 15, 2014, 01:08:23 PM

Is in the US the possibility of a class action,
that ends the way that scamfast had to cede the "asic patents" to the body of creditors?

Unfortunately that's covered:

http://hashfast.org/Terms_of_Sale/25_August_2013

Quote

(e) NEITHER BUYER NOR HASHFAST SHALL BE ENTITLED TO JOIN OR CONSOLIDATE CLAIMS BY OR AGAINST OTHER BUYERS, OR ARBITRATE OR OTHERWISE PARTICIPATE IN ANY CLAIM AS A CLASS REPRESENTATIVE, CLASS MEMBER OR IN A PRIVATE ATTORNEY GENERAL CAPACITY.

Posted from Bitcointa.lk - #E5X3F74hLgPj6Cih

yxt

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Quote from: HashFast_CL on March 15, 2014, 12:25:49 PM

... to ask cedivad to stop spamming us with re-posts? Your own rules say edit-warring moderated threads is not acceptable...

you scammed much people here and now complaining about they spamming your thread because you go silence and nobody know
when/if you ship something
seriously?

Is in the US the possibility of a class action,
that ends the way that scamfast had to cede the "asic patents" to the body of creditors?

Micky25

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Activity: 974

Merit: 1000

Quote from: HashFast_CL on March 15, 2014, 12:25:49 PM

windfall

a new favourite word you got, don't you? What exactly is your task here? Repeating the same cackle again and again? Windfall every second word? Why not just quit this forum? What are your expectations?
You seemingly have a non-stop windfall - out of your trousers.

cedivad

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"buyer's remorse" is a term that John S. used with me at BTC Amsterdam (end of September).
Makes me wonder...
Posted from Bitcointa.lk - #BFtEtzqY9WyaNqDw

klondike_bar

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Activity: 2128

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ASIC Wannabe

This was actually deleted - and I think it was a totally valid post that did not throw insults or break the self-moderated rules HF made

Quote from: HashFast_CL on March 14, 2014, 09:08:28 AM

Quote from: gmaxwell on March 14, 2014, 05:08:32 AM

Quote from: HashFast_CL on March 13, 2014, 03:41:44 PM

Bad analogy. HashFast ASICs are not made out of sized Bitcoins. Bitcoins payed to HashFast were instantly changed into USD by BitPay.

I, and many other people, did not pay you via Bitpay.

That's nice, but the principles are the same. Your coins were changed to fiat in order to build your machine, which was priced in USD. If Bitcoin went to $1.00 you would demand USD and scoff at BTC parity. If Bitcoin went to $1,000,000 it would be even more obvious you expect a pony named windfall to soothe your buyer's remorse.

Please ask cedivad to stop reposting deleted messages. He's already made a hater thread (and site!) to preserve his precious hatings; no need to keep spamming them here.

^in which case you would return in BTC? You had a clear agreement (that was further backed by your own staff members' posts and email responses) that refunds would be done in the currency paid.

In a normal situation, you would be right. it was priced in USD and thus a refund based in USD would be logical, using immediate BTC/USD rate. HOWEVER, hashfast and its staff repeatedly claimed that full refunds in BTC would be given. Evidence of this can be found on nearly every page of this thread.

cevidad keeps posting because you delete his information - why do you think he is soo upset? Hashfast clearly scammed most of its 'customers' and now is failing to fulfill its original agreement/obligations (refunds in BTC or shipping the MPP since you were months late)

[/quote]

Micky25

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Activity: 974

Merit: 1000

just for the record, nice trust rating.

cedivad

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Activity: 1176

Merit: 1001

Quote from: perezoso on March 15, 2014, 09:23:22 AM

What's scary is that if HasfFart_CL really is fairly senior in the company, and I suspect that might be true, then this dude's sad fighting with everyone, despite the overwhelming bad ratings and criticism, suggest that Hashfast is getting really desperate for sales to prop the company up.

Sure, they have the technology to build bitcoin printing machines but they can't build them because they lack the FIAT.

Can't wait for the answers to Morici's lawsuit. CLAIM 2, FRAUD.
Posted from Bitcointa.lk - #zemIRXXQt7sg3L55

cedivad

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Quote from: Micky25 on March 15, 2014, 09:21:34 AM

I just reported HashLast_CL and his ridiculous moderated and now closed 800GH thread to the mods.

Please delete this thread and ban user HashFast_CL. Thread self moderated + closed = obsolete + spam

That was genius! Gonna repost it to the "non self moderated thread..." (it was the 10th deletion in a row!)

perezoso

sr. member

Activity: 392

Merit: 250

Quote from: Micky25 on March 15, 2014, 09:21:34 AM

I just reported HashLast_CL and his ridiculous moderated and now closed 800GH thread to the mods.

Please delete this thread and ban user HashFast_CL. Thread self moderated + closed = obsolete + spam

He's go the mentality of maladjusted 13 year old. But I think he announced he was going to lock it whenever he saw Cedivad online. He deleted a post of mine in about 5 seconds. What a sad case.

What's scary is that if HasfFart_CL really is fairly senior in the company, and I suspect that might be true, then this dude's sad fighting with everyone, despite the overwhelming bad ratings and criticism, suggest that Hashfast is getting really desperate for sales to prop the company up.

Micky25

legendary

Activity: 974

Merit: 1000

I just reported HashLast_CL and his ridiculous moderated and now closed 800GH thread to the mods.

Please delete this thread and ban user HashFast_CL. Thread self moderated + closed = obsolete + spam

miaviator

donator

Activity: 686

Merit: 519

It's for the children!

Quote from: cedivad on March 13, 2014, 03:51:36 PM

If you want to read what HF deleted you just have to follow the right link...
https://bitcointa.lk/threads/hashfast-announces-specs-for-new-asic-up-to-800gh-s.271636/page-21

407 posts on bitcointa.lk
234 posts on bitcointalk.org

...
Posted from Bitcointa.lk - #GUqTSNoWIbccIdky

NICE!

I think I'll get a firefox or chorme extension or script made up to just reinsert my deleted posts. I mean it really is messed up to say you refunded or sent hardware to everyone?

cedivad

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miaviator

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It's for the children!

Quote from: HashFast_CL on March 11, 2014, 03:59:29 PM

Quote from: gmaxwell on March 11, 2014, 11:58:27 AM

Sold out?

While I am sad for the new bag holders, I'm happy because that means you'll be paying the refunds you owe people and shipping the months delayed products.

Right?

HashFast was open and honest about the reasons for our delay. The delay was for technical reasons, not "fraud" as you falsely claim.

We've provided refunds too all Batch 1 customers who asked. Most choose to be patient and have received their hardware.

As per US law, mail order refunds are in US dollars. Please do not maintain the unreasonable expectation that we're going to break that law.

Because your machine was always priced US dollars, divesting yourself of the delusion you are owed an approximate 800% windfall (based on post-purchase appreciation of a temporary exchange medium provided as a convenience) may also be a good idea.

I guess your lawyer only wanted to take your money, because there's little to no chance he's never heard of 31 US Code Section 5103:

Quote

31 U.S. Code § 5103 - Legal tender

United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues

You refused your machine and you refused a full refund. So you get nothing. Nice legal maneuvering there buddy! Undecided

You forgot a batch 1 customer then dipshit.

I haven't received anything.