Topic: HashFast announces specs for new ASIC: 400GH/s - page 440. (Read 880461 times)

Lots of small get rich quick companies outsource contractors for their call centers. They don't have to worry about anything. Just give the customer some phone number and that's it.

I don't. It's clear for me that they prefer money over reputation to spend on future customers.
Where is _everything_ they promised us, just for example?

I'm the pessimist here, but i sincerely don't understand all of this optimism.

No I understand what you wrote I just think it is completely wrong.  If there is legal action against HashFast it will have absolutely nothing to do with the MPP.  That would be an utterly pointless way to waste a lot of money with absolutely no chance in hell of any positive gain. 

There is that, and there are also contradictory statements and suggestions, sometimes together in the same document.  And people are rounding these up.

What I've said, and which the trolls consistently misstate is "if there is litigation with Hashfast, it will be about the MPP".   All these legal eagles, proud of how sharp they think they are, especially with interpretation of legal text ... yes, you know the ones...  these guys apparently can't actually read, because they think that "if there is litigation with Hashfast, it will be about the MPP" means, "I'm gonna sue Hashfast because I know I can win a big judgement against them."  

Folks that can't tell the difference between those two statements can go back to English 101, and should definitely reconsider their self-assigned legal credentials.

Anyway, I'm not sure what my personal strategy would be if, at the end of the day, even with the MPP, I still don't ROI.  I would consider joining a lawsuit or arbitration at that time (which isn't yet), if I thought it had a chance, and I don't think it's a cut and dry situation either way. For example, there are indications of what might be called fraud with respect to timing of chip delivery. It's not that time yet, though.  

I think I would mainly think of more creative ways to put pressure on the company.  It's a less than ideal outcome, but, for example, if I feel assured that the company had to spend enough money to counteract bad publicity generated so as to make their sale to me unprofitable for them.... there's a modicum of justice in that.

But as I've taken pains to point out, I still hold out hope that Hashfast will prove themselves to be straight up guys (and gals, I guess), and will proactively address the problem when they ship.  In which case, everybody's happy and Hashfast's reputation is enhanced.

Whats up with their new call center? Every time I call they take my info down and say they will have someone call me back.

I asked, and the call center isn't even physically located at HF. They are outsourced.

You better check the dates of our messages again, dear. It's a question of principles. Give me back what you own me. I told you to keep it, it's true. Hoever just the day after i asked for my money back, because you where unwillingly to help on what we where talking about (i didn't add you on skype to lend you 0.0something, remember?).

However i don't really care about that nothing. We have bigger things here if you don't mind.

Donate the BTC to charity in a provable way if you want to end it without giving my money back.

Just more quotes...

https://bitcointalksearch.org/topic/m.2922794

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.

@ 3:30pm EST On CSPAN3 Senate Homeland Security Hearing: Digital Currencies and it will Be LIVE

No one paid $10k for a BFL miner, other than people who bought a Minirig. BFL products are and always have been denominated in USD, just like HashFast's. I bought a laser from Grix last year for 28BTC, but I didn't pay $18,000 for it. I paid $278, using BTC.

Now, whether you're correct in that HashFast was lying when they said mid-October that everything was on track is a different story. I wish you the best there, I think the discovery process would be pretty interesting if you actually did go to court. You're kidding yourself if you think emailing lawyers with a couple thousand dollars is going to get you anywhere though.

MrTeal, i see and i completely agree with your points. In fact, i don't want to go after an USD refund (if BTC goes back to the 200-something level, i would love to have an USD refund, given that it would be processed in time for me to buy back the BTC). As you are saying, i could/should just shut up and relax. However, that's exactly what happened with BFL, (where their customers didn't lose a $ due to the massive price spike), where people paid 10k BTC for a miner.

I want a court to prove that they used illegal business practices, that they lied and so on. This is what i want. What happens from that point is a question mark for me. We will see. If the answer is nothing, i will accept that. Certainly, BTC being finally recognised will help. (another senate hearing in a few minutes, really?)

I would guess most people realize it would just be a waste of money. Even if in a year you win and are awarded damages, you'll probably still be further behind than if you just kept that money and invested it in another vendor or directly in BTC.

For what it's worth, as an August 9th customer I emailed them notifying them of their failure to deliver, and gave them 30 days with which to cure as per the terms of their original ToS.

I received a phone call from their sales rep on August 12th confirming my order, and no mention of a December 31st date was made at that time, either. It was not until the revised ToS was sent out on August 15th that I received an email mentioning the new Dec 31st date.
Of course, they denied the refund and state "Unfortunately, we are not currently refunding orders.  As we promised our Batch 1 Baby Jet customers, we will refund their order if we do not deliver the order by December 31, 2013. "

Not surprising, but disappointing nonetheless. A refund at this point is likely counterproductive, since a refund would likely return about 10BTC, and even a BabyJet shipped Dec 31 will mine more than that. I would have liked to have seen the option be available to pre-August 15th customers though, rather than their comment that I should try selling it on the Bitcoin forum. For all its faults, BFL did at least allow customers refunds and actually forced the early customers to waive their rights to a refund by explicitly agreeing to the delay and change in ToS.

Josh, i don't really care about overloading your legal system. And i also don't really care about how wrong or right i'm.

There is this independent third party that will decide that for me. It's there by purpose, to defend people.

Cause frivolous lawsuits are a great way to further overburden the legal system and block legitimate grievances from getting aired in a timely manner. GG!

David, please stop watching LA Law and thinking the US legal system is like you see on TV.  It's nothing like TV dramatization and Perry Mason doesn't actually exist.

This is a great post! Thanks for gathering all of HF's BS promises together.   *bookmarked*

I receive a lot of questions via pm with persons interested to sue them, but everyone stops, due to laziness i think.

Well, they lied about the promised delivery time, they promised something that they knew would have never happen and we can easily prove that. I really don't see what else is needed.

I have money i want to trow away against HF. And arbitration looks like a dead track. Again, please, let's do something serious. (i can already visualise ice or their peers trolling me with this post, but who cares...). I want to have john to regret what he said about how many lawsuit bfl had. It's the minimum they deserve.

If we get nothing with such a lawsuit, at least we will be able to have said ourselves that we have tried.

Yes I was working with them, no they have not communicated with me for a while.  No idea what the radio silence is about.

The MPP only guarantees more hashing power (with a cap) it doesn't guarantee an positive ROI.  Guaranteeing a positive ROI would require the MPP to offer unlimited additional hashrate and it clearly indicates it is capped at 400%.  I am not happy about it but a judge (if you want to waste your money and potentially see the inside of the court room in 3-6 months) is going to take a neutral aproach to the reading.  Just because someone "could" be confused isn't the standard of proof.  HashFast could probably have been more "creative" with the language and still win in court.

+1 Have they responded to any of your requests.

Hey TacoTime,

Weren't you working for them? Any new updates you can tell us about or are they also keeping you in the dark?