Incoming Avalon News 8/9/2013 - page 39.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

Quote from: ProfMac on August 22, 2013, 02:02:25 PM

Quote from: VolanicEruptor on August 22, 2013, 01:40:18 PM

Quote from: ProfMac on August 22, 2013, 01:25:36 PM

Quote from: VolanicEruptor on August 22, 2013, 01:18:33 PM

How about starting a BTCT stock to raise funds for legal action against Avalon.
The action this stock would get would be incredible..

I believe it is illegal to do this in Texas. We brought a wrongful death lawsuit in Colorado, and that was one avenue we considered to pay the legal fees.

We represented ourselves pro se in the Federal court of appeals out of Denver. We won several points on the appeal, by the way.

With my own past experience, I can't recommend that you pursue a lawsuit.

Sorry, but what does this have to do with Texas? Is Avalon based there?

It may be illegal in other US states. I don't have experience in them. There may be people who are living in Texas who want to join this lawsuit. They should learn more.

You can fund a lawyer anywhere in the world with bitcoin. You do know U.S. isnt the only country in the world, right?

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Quote from: Micky25 on August 22, 2013, 02:00:13 PM

Quote from: Its About Sharing on August 22, 2013, 01:45:05 PM

Quote from: VolanicEruptor on August 22, 2013, 01:18:33 PM

How about starting a BTCT stock to raise funds for legal action against Avalon.
The action this stock would get would be incredible..

That would raise money. But, how about a way that is definitely legal? Though, we should look further into what you suggested. I'm sure there are lawyers around here...
There are many ways, there are kickstarter type ways, class actions, just plain raising money, etc.
Avalon is in China or ? If they are not in the US, perhaps there is a problem, but even then...

I wrote Marco Santori a PM, maybe he posts an answer here. He could say how much he needs to get this starting. As far as I know (out of American movies Wink

), the lawyer gets paid by the amount he gets out of the accused.

Company Name:     BITSYNCOM LLC
Status:     Active
Filing Date:     09/24/2012
Entity Type:     Domestic Limited-Liability Company
File Number:     E0498002012-8
Company Age:     11 Months
Registered Agent: Business Filings Incorporated, 311 S Division St, Carson City, NV 89703
Filing State: Nevada (NV)
Qualifying State: N/A
Report Due Date: 09/30/2013

http://www.bizapedia.com/nv/BITSYNCOM-LLC.html

I'm not sure if that is the model we want. A lawyer will represent us and take 1/3 of the money. That doesn't sound fair at all. It would be better to raise a bit of money and use that to buy a lawyer. I don't really know, but we should consider what is best. I'm sure some people who lost big money with Avalon are talking about this. Perhaps they will do the work, let's just hope they aren't already infiltrated...

ProfMac

legendary

Activity: 1246

Merit: 1002

Quote from: VolanicEruptor on August 22, 2013, 01:40:18 PM

Quote from: ProfMac on August 22, 2013, 01:25:36 PM

Quote from: VolanicEruptor on August 22, 2013, 01:18:33 PM

How about starting a BTCT stock to raise funds for legal action against Avalon.
The action this stock would get would be incredible..

I believe it is illegal to do this in Texas. We brought a wrongful death lawsuit in Colorado, and that was one avenue we considered to pay the legal fees.

We represented ourselves pro se in the Federal court of appeals out of Denver. We won several points on the appeal, by the way.

With my own past experience, I can't recommend that you pursue a lawsuit.

Sorry, but what does this have to do with Texas? Is Avalon based there?

It may be illegal in other US states. I don't have experience in them. There may be people who are living in Texas who want to join this lawsuit. They should learn more.

Micky25

legendary

Activity: 974

Merit: 1000

Quote from: Its About Sharing on August 22, 2013, 01:45:05 PM

Quote from: VolanicEruptor on August 22, 2013, 01:18:33 PM

How about starting a BTCT stock to raise funds for legal action against Avalon.
The action this stock would get would be incredible..

That would raise money. But, how about a way that is definitely legal? Though, we should look further into what you suggested. I'm sure there are lawyers around here...
There are many ways, there are kickstarter type ways, class actions, just plain raising money, etc.
Avalon is in China or ? If they are not in the US, perhaps there is a problem, but even then...

I wrote Marco Santori a PM, maybe he posts an answer here. He could say how much he needs to get this starting. As far as I know (out of American movies Wink

), the lawyer gets paid by the amount he gets out of the accused.

Company Name:     BITSYNCOM LLC
Status:     Active
Filing Date:     09/24/2012
Entity Type:     Domestic Limited-Liability Company
File Number:     E0498002012-8
Company Age:     11 Months
Registered Agent: Business Filings Incorporated, 311 S Division St, Carson City, NV 89703
Filing State: Nevada (NV)
Qualifying State: N/A
Report Due Date: 09/30/2013

http://www.bizapedia.com/nv/BITSYNCOM-LLC.html

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Quote from: VolanicEruptor on August 22, 2013, 01:18:33 PM

How about starting a BTCT stock to raise funds for legal action against Avalon.
The action this stock would get would be incredible..

That would raise money. But, how about a way that is definitely legal? Though, we should look further into what you suggested. I'm sure there are lawyers around here...
There are many ways, there are kickstarter type ways, class actions, just plain raising money, etc.
Avalon is in China or ? If they are not in the US, perhaps there is a problem, but even then...

Micky25

legendary

Activity: 974

Merit: 1000

Quote from: ProfMac on August 22, 2013, 01:25:36 PM

I believe it is illegal to do this in Texas. We brought a wrongful death lawsuit in Colorado, and that was one avenue we considered to pay the legal fees.

We represented ourselves pro se in the Federal court of appeals out of Denver. We won several points on the appeal, by the way.

With my own past experience, I can't recommend that you pursue a lawsuit.

No offense, but may I ask how much BTC you made on Avalon hardware? Just a ballpark figure?

Others and myself, are on the side of the scales which only gave.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

Quote from: ProfMac on August 22, 2013, 01:25:36 PM

Quote from: VolanicEruptor on August 22, 2013, 01:18:33 PM

How about starting a BTCT stock to raise funds for legal action against Avalon.
The action this stock would get would be incredible..

I believe it is illegal to do this in Texas. We brought a wrongful death lawsuit in Colorado, and that was one avenue we considered to pay the legal fees.

We represented ourselves pro se in the Federal court of appeals out of Denver. We won several points on the appeal, by the way.

With my own past experience, I can't recommend that you pursue a lawsuit.

Sorry, but what does this have to do with Texas? Is Avalon based there?

ProfMac

legendary

Activity: 1246

Merit: 1002

Quote from: VolanicEruptor on August 22, 2013, 01:18:33 PM

How about starting a BTCT stock to raise funds for legal action against Avalon.
The action this stock would get would be incredible..

I believe it is illegal to do this in Texas. We brought a wrongful death lawsuit in Colorado, and that was one avenue we considered to pay the legal fees.

We represented ourselves pro se in the Federal court of appeals out of Denver. We won several points on the appeal, by the way.

With my own past experience, I can't recommend that you pursue a lawsuit.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

How about starting a BTCT stock to raise funds for legal action against Avalon.
The action this stock would get would be incredible..

Micky25

legendary

Activity: 974

Merit: 1000

I'm sick and tired of this chinese princess and her SM slave training.

To me it's a clear matter. An analogy:

1. I own a fish restaurant and order 100 kg fish at Avafish Ltd. and pay them in advance. I can earn $5 on each fish order I sell.
2. After several weeks and enquiries that are unanswered, I get, without notice, a delivery of 100 kg fish, but it's half rotten. Thus it can only be used as pet food, which can be sold for $0.5 per kg.

Who in his right mind would pay the full price for such a delivery?

Option a: Adjust the price to the real value the chips have now (< 50%) and refund the rest / ship double amount of chips.

This shouldn't be a problem, considering Avalons purchase price of around $1 per chip.

Option b: Lawsuit to achieve this (and probably more).

There is a lawyer on the forum, Marco Santori, who could eventually be interested in a class action suite against Avalon. https://bitcointalksearch.org/user/msantori-118100

http://www.coindesk.com/author/marcosantori/

Failure to perform resulting in breach of a material term of the agreement and expectancy damages.

He already looked into a similar topic in the past around BFL https://bitcointalksearch.org/topic/m.2290818

I would be in with 5 BTC for a start.

SolarSilver

legendary

Activity: 1112

Merit: 1000

Quote from: fiktionist on August 22, 2013, 12:11:11 PM

Quote from: cardcomm on August 22, 2013, 11:22:08 AM

Quote from: ?? on ??

Quote from: HorseRider on August 22, 2013, 09:53:49 AM

Yifu fuck all the buyers in this delaying style.

Maybe his nickname should be YuFuk from now on...

Y I F U

I'm not sure why, but he certainly did!

Y(es)IF(ucked)U

Maybe we should refrain from the childish name calling and trying make fun of people with foreign names and focus on getting actually something done instead?

Yifu has stated many times he does not follow the discussions anymore on bitcointalk because of all the ranting, speculation and childish behaviour.

You are proving him right

PS: thank you Yifu for delaying chip delivery and increasing the batch #2 ROI ;-)

fiktionist

member

Activity: 72

Merit: 10

Quote from: cardcomm on August 22, 2013, 11:22:08 AM

Quote from: ?? on ??

Quote from: HorseRider on August 22, 2013, 09:53:49 AM

Yifu fuck all the buyers in this delaying style.

Maybe his nickname should be YuFuk from now on...

Y I F U

I'm not sure why, but he certainly did!

Y(es)IF(ucked)U

cardcomm

sr. member

Activity: 294

Merit: 250

Quote from: ?? on ??

Quote from: HorseRider on August 22, 2013, 09:53:49 AM

Yifu fuck all the buyers in this delaying style.

Maybe his nickname should be YuFuk from now on...

Y I F U

I'm not sure why, but he certainly did!

ibminer

legendary

Activity: 1789

Merit: 2535

Goonies never say die.

My name is Inigo Montoya. You killed my ROI. Prepare to die.
Grin

Bicknellski

hero member

Activity: 924

Merit: 1000

Quote from: Painful Truth on August 22, 2013, 10:06:39 AM

Quote from: Bicknellski on August 22, 2013, 09:10:50 AM

Where are the chips?
Where is the tracking info?
Refunds / Boycotts till they do.

No refunds according to their "no BS" terms. And boycott won't work since they have the money already.

Lawsuits would help more.

Who says you can't get a refund?
Who says people are not doing the groundwork for lawsuits?
Who says boycotts won't work?

I think having one path to a solution is how Yifu works. I'd prefer to think the community is smarter and can do all three. NO REFUNDS in America? FTC? Think not. Yifu might not like what is coming.

Code:

The FTC works for the consumer to prevent fraudulent, deceptive, and unfair business practices
in the marketplace and to provide information to help consumers spot, stop, and avoid them. 
To file a complaint or to get free information on consumer issues, visit ftc.gov or call toll-free, 
1-877-FTC-HELP (1-877-382-4357); TTY: 1-866-653-4261. The FTC enters consumer complaints 
into the Consumer Sentinel Network, a secure online database and investigative tool used by 
hundreds of civil and criminal law enforcement agencies in the U.S. and abroad.

rebelrat

newbie

Activity: 52

Merit: 0

Quote from: Painful Truth on August 22, 2013, 10:06:39 AM

Quote from: Bicknellski on August 22, 2013, 09:10:50 AM

Where are the chips?
Where is the tracking info?
Refunds / Boycotts till they do.

No refunds according to their "no BS" terms. and Boycott won't work since the have the money already.

Lawsuits would help more.

I agree - this conduct is totally unacceptable and looks like a total Ponzi scheme - using funds from new
victims to fulfill his obligation with the older victims. some (Batch 1, Batch 2, and Batch 3) are thrown
completely under the bus.

Why should we wait any longer, I will definitely consult my attorney and proceed with legal action asap.

Waiting or appeasing is totally useless at this point.

YIFU - no ethics, no morals, just a common crook.

Painful Truth

sr. member

Activity: 294

Merit: 250

Quote from: Bicknellski on August 22, 2013, 09:10:50 AM

Where are the chips?
Where is the tracking info?
Refunds / Boycotts till they do.

No refunds according to their "no BS" terms. And boycott won't work since they have the money already.

Lawsuits would help more.

HorseRider

donator

Activity: 1120

Merit: 1001

Quote from: tiros on August 21, 2013, 03:20:21 PM

Zefir - https://bitcointalksearch.org/topic/closed-avalon-asic-chip-distribution-177827

Code:

2013-04-30: Batch 7 ordered - Expected date of arrival (10 weeks) - 2013-07-09 ---> - 45 days
2013-04-30: Batch 6 ordered - Expected date of arrival (10 weeks) - 2013-07-09 ---> - 45 days
2013-04-28: Batch 5 ordered - Expected date of arrival (10 weeks) - 2013-07-07 ---> - 47 days
2013-04-24: Batch 4 ordered - Expected date of arrival (10 weeks) - 2013-07-03 ---> - 51 days
2013-04-20: Batch 3 ordered - Expected date of arrival (10 weeks) - 2013-06-29 ---> - 54 days
2013-04-18: Batch 2 ordered - Expected date of arrival (10 weeks) - 2013-06-27 ---> - 56 days - received shipping info 
2013-04-16: Batch 1 ordered - Expected date of arrival (10 weeks) - 2013-06-25 - delivered - 2013-07-23 - 29 days late

Avalon - Chips group buy order time frame and deliveries
https://bitcointalksearch.org/topic/closed-refunds-processavalon-chips-group-buy-order-time-frame-and-deliveries-277198

Yifu fuck all the buyers in this delaying style.

Bicknellski

hero member

Activity: 924

Merit: 1000

Where are the chips?
Where is the tracking info?
Refunds / Boycotts till they do.

tiros

full member

Activity: 126

Merit: 100

Just another miner

If Avalon is sending out 40K of chips daily (and Yifu said 40-50K daily), then they are capable of delivering 1 million of chips in 25 days.
That means all of the batches that are being late could be covered according to paul3 spredsheet

Quote from: tiros on August 18, 2013, 03:25:41 PM

Quote from: paul3 on August 19, 2013, 01:04:18 PM

Combined spreadsheet with the avalon payment address (1FGAftzSTztFSB8LMwsrdCKTyqGY6zr3sU).

https://docs.google.com/spreadsheet/ccc?key=0AiLYkKIHJaIsdHpIaGdUOWRYVUdncTNpNlVKbVhCbEE&usp=sharing

Info about the data in the spreadsheet:

Order: There are some payments that don't have the hole payment amount in one transaction, these have the same Order "ID". For example order 4 -> Payment 1: 700.6, Payment 2: 55, Payment 1: 26.5.

In total there are 54 orders, containing 97 * 10.000 Chips.

You can help out and add missing info about chips group buys
https://bitcointalksearch.org/topic/closed-refunds-processavalon-chips-group-buy-order-time-frame-and-deliveries-277198

Topic: Incoming Avalon News 8/9/2013 - page 39. (Read 186795 times)