HashFast announces specs for new ASIC: 400GH/s - page 437.

MrTeal

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Quote from: minternj on November 20, 2013, 05:49:22 PM

You come to a very convoluted conclusion from the reply. That really, really reaching. I guess that will be up to the judge/arbitrator come January if it gets to that, huh?

I really don't think it is. Granted IANAL, but the precedent in most industries is that if the unit is priced at USD$XX.XX and you pay BTC/EUR/CDN$YY.YY, when you get a refund a month later you will get back BTC/EUR/CDN$ZZ.ZZ, worth USD$XX.XX.
If you go before the arbiter and that quote is the only evidence you have that HashFast promised to pay back the same amount of BTC, I would be surprised if the judgement went your way.

minternj

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You come to a very convoluted conclusion from the reply. That really, really reaching. I guess that will be up to the judge/arbitrator come January if it gets to that, huh?

MrTeal

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Quote from: minternj on November 20, 2013, 04:59:50 PM

Posted again for posterity about btc refund.

https://bitcointalksearch.org/topic/m.2903338

Quote

Quote
Simon Barber
Re: HashFast launches sales of the Baby Jet
August 10, 2013, 06:08:08 AM

Quote from: cycloid on August 10, 2013, 05:18:15 AM
Now since the only payment option is in BTC Will I get the same ammount of BTC back should you fail to deliver by December 31st?

Orders are taken in BTC, in the unlikely event we get to refunds they will be given in BTC.

That quote I do remember. They were asked if they would be given the same amount of BTC, but the answer does not say that. It only says that orders were taken in BTC and refunds would be given in BTC. He didn't say the quantity would be the same. As far as I know, the only statement saying the that the quantity would be the same was ninjarobot's hearsay account from his visit to the office.

minternj

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2 weeks™?

Visesrion

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GIF by SOCIFI

I emailed them again on 17th of Nov for any updates about the substrate, pcbs, shipping... Their answer:

Updates coming soon

Lets see how much time is "soon" this time Grin

RoadStress

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Quote from: DeathAndTaxes on November 20, 2013, 04:45:08 PM

I am not speculating on what this means but like you I was skeptical and even incorrectly, corrected others (yeah D&T is sometimes wrong it happens, even got corrected by Gavin today).

Link?

minternj

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Posted again for posterity about btc refund.

https://bitcointalksearch.org/topic/m.2903338

Quote from: Simon Barber on August 08, 2013, 06:57:25 PM

Simon Barber
HashFast launches sales of the Baby Jet
August 08, 2013, 11:57:25 PM

Hi Everyone,

HashFast is launching sales of the Baby Jet.

Here are details:

- Weekly production updates will be sent to the email address attached to each order

Despite all the retarded trolls on this thread that say you don't owe us constant updates, you certainty promised them when I give you my btc.

You guys want to keep to your word right? right?

perezoso

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I paid in USD and my order confirmation is denominated in USD. For people that paid in BTC, what does your order confirmation say?

DeathAndTaxes

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Gerald Davis

Quote from: MrTeal on November 20, 2013, 02:23:11 PM

Quote from: DeathAndTaxes on November 20, 2013, 02:11:09 PM

HF has stated multiple times that refunds are in the amount and type of currency paid in.

Is there a post from a HashFast representative saying that the refund will be in the amount and type of currency paid in, or just in the type of currency paid in?

I'd actually prefer they came out and say that the refund will be in the type of payment but valued by the current exchange rate rather then them promising to return the same amount of BTC that was paid. Unless they can show that they never actually exchanged the BTC to USD to begin with, even if the price of BTC stays at the current $600 level ever single Batch 1 customer who owns a calculator will be demanding a refund on January first should HashFast slip.

HF claiming that they might refund me $30k+ worth of BTC on January 1 for my $5,600 purchase smacks of someone saying whatever placates the crowd the most knowing that they will never carry through on it.

I found it hard to believe and assumed initially that "refund in BTC" means USD amount converted to current exchange rate" but in thread I was corrected with multiple quotes from HF indicated refunds will be the EXACT currency and amount paid (i.e. if you paid 60 BTC the refund owed would be 60 BTC). It is possible they didn't convert BTC to USD or at least not all of it. HashFast indicated they had venture funding and bitpay does offer the ability to accept BTC payments and keep some or all of it in BTC.

I am not speculating on what this means but like you I was skeptical and even incorrectly, corrected others (yeah D&T is sometimes wrong it happens, even got corrected by Gavin today). I don't have the time now to find it but I was corrected with multiple quotes from HashFast.

DPoS

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Quote from: itod on November 20, 2013, 01:10:30 PM

Edit:
Let me check the list. Here they are:

eve

hah eve was the biggest KNC hater there was...

RoadStress

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Quote from: iCEBREAKER on November 20, 2013, 12:11:13 PM

KNC miner delays November shipping

http://mentaso.com/kncminer/knc-miner-delays-november-shipping-but-good-news-otherwise.html

Quote

Today we received an email from KNCminer that our 2 x Jupiter's where being delayed due to supplier issues. That will mean our competition will be delayed by a week, possibly more.

That news were posted on the KnC website on 15 November (when they were supposed to start shipping), but it's ok. We get an additional 100GH/s. I really don't understand you shills, KnC has a delay of 10 days and you come here to point that out while your shitty company is already late more than 10 days. Why are you people so blind and so bad intended even with tangible(thx D&T for the term Cheesy

) proofs. We already have a lot of Jupiters hashing and we will have more in 2 weeks, but you had to BOLD the delay. iCEBREAKER grats on your new cypherdoc idiot title from me. Happy hashing with your vaporware!

MrTeal

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Quote from: DeathAndTaxes on November 20, 2013, 02:11:09 PM

HF has stated multiple times that refunds are in the amount and type of currency paid in.

Is there a post from a HashFast representative saying that the refund will be in the amount and type of currency paid in, or just in the type of currency paid in?

I'd actually prefer they came out and say that the refund will be in the type of payment but valued by the current exchange rate rather then them promising to return the same amount of BTC that was paid. Unless they can show that they never actually exchanged the BTC to USD to begin with, even if the price of BTC stays at the current $600 level ever single Batch 1 customer who owns a calculator will be demanding a refund on January first should HashFast slip.

HF claiming that they might refund me $30k+ worth of BTC on January 1 for my $5,600 purchase smacks of someone saying whatever placates the crowd the most knowing that they will never carry through on it.

DeathAndTaxes

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Gerald Davis

Quote from: niothor on November 20, 2013, 04:26:52 AM

Quote from: joshv06 on November 19, 2013, 03:27:05 PM

I would have to agree. People suddenly want refunds in BTC as an investment they never made. If you invested in BTC, then that's that. If you paid for something in BTC, then BTC rises, you can't demand a refund for an easy second route. A couple of weeks ago, cedivad let me borrow ~.03 btc when they were at around 100 something dollars. I just needed to get some btc out of my Bitpay. I told him I would pay it back, he said I could keep it. I said okay and thanks. Suddenly when BTC started rising, he told me to pay him back or he was going to make a claim against me here on BTC talk. I didn't have the coins anymore because I used them, because he let me have them.

I think we should all stop focusing on getting refunded in BTC and suddenly being rich over an in direct investment. We all purchased Baby jets. And we need to focus on getting those. If you want a refund, have some morals and be honest.

Let's try to get what we paid for.

WAIT!
People are still thinking there is a slight chance to get their refunds in BTC?

HF has stated multiple times that refunds are in the amount and type of currency paid in.

Biffa

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Quote from: iCEBREAKER on November 20, 2013, 12:11:13 PM

KNC miner delays November shipping

http://mentaso.com/kncminer/knc-miner-delays-november-shipping-but-good-news-otherwise.html

Quote

Today we received an email from KNCminer that our 2 x Jupiter's where being delayed due to supplier issues. That will mean our competition will be delayed by a week, possibly more.

Heh, and just below it is the email that KnC sent them - dated the 15th last week. So no news there.

itod

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^ Will code for Bitcoins

Quote from: ?? on ??

Quote from: DPoS on November 20, 2013, 12:46:43 PM

Quote from: itod on November 20, 2013, 12:21:06 PM

HF is lagging

HF is lagging... KnC is hashing... over 50 days now

Quote from: itod on November 20, 2013, 12:21:06 PM

Nah, KnC shills are legendary, and there are many of them. Try arguing with them about anything KnC related, you get yellow ignore infection immediately. HF is lagging considerably in both shill quantity and cluelessnes.

Is he one of them? =)))))))))))

How on earth did you recognized him!?! You must be psychic Roll Eyes

Edit:
Let me check the list. Here they are:

erk
eve
-Redacted-
frankenmint
ASIC-K
zax983
FoolPartedWithMoney

DPoS

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Quote from: itod on November 20, 2013, 12:21:06 PM

HF is lagging

HF is lagging... KnC is hashing... over 50 days now

minternj

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While this conversation is fun, we'd still like a response from Hashfast.

Hashfast_CL, since you are the community liaison, does the company have anything new to share? I assume we are the only community to liaison with.?

itod

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^ Will code for Bitcoins

Quote from: stompix on November 20, 2013, 12:25:14 PM

Quote from: itod on November 20, 2013, 12:21:06 PM

Quote from: stompix on November 20, 2013, 12:05:50 PM

Well , HF may not have the best customer support , the best asic on the market , the best anything , but they do have the most annoying shill on the forum

Nah, KnC shills are legendary, and there are many of them. Try arguing with them about anything KnC related, you get yellow ignore infection immediately. HF is lagging considerably in both shill quantity and cluelessnes.

They have time to restock till December.
Icy daisy here is more brown than yellow

True that.

stompix

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Blackjack.fun

Quote from: itod on November 20, 2013, 12:21:06 PM

Quote from: stompix on November 20, 2013, 12:05:50 PM

Well , HF may not have the best customer support , the best asic on the market , the best anything , but they do have the most annoying shill on the forum

Nah, KnC shills are legendary, and there are many of them. Try arguing with them about anything KnC related, you get yellow ignore infection immediately. HF is lagging considerably in both shill quantity and cluelessnes.

They have time to restock till December.
Icy daisy here is more brown than yellow

itod

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^ Will code for Bitcoins

Quote from: stompix on November 20, 2013, 12:05:50 PM

Well , HF may not have the best customer support , the best asic on the market , the best anything , but they do have the most annoying shill on the forum

Nah, KnC shills are legendary, and there are many of them. Try arguing with them about anything KnC related, you get yellow ignore infection immediately. HF is lagging considerably in both shill quantity and cluelessnes.

Topic: HashFast announces specs for new ASIC: 400GH/s - page 437. (Read 880461 times)