Topic: Liquid Synergy Designs Inc. -ASIC mining hardware - page 78. (Read 423281 times)

Wondering if I should abandon ship, Lack of promised updates from steamboat is frightening

I hope not all batches were refunded, because I'm still waiting for K16's... Unless there's some gen2 ones in the pie..

@opengr
Refund request fifo queue should not have a weight as actual time of the chip purchase. Its my opinion. Those who bought first should be served first, regardless of the service. That is my argument and think is valid. SB had enough time to see how many buyers want refund. Refund form is just that, a "form" as vote and refund authorisation at the same time. There is no timestamp on it when we have submitted it and no way of knowing did steamboat requested refund from avalon and/or got already funds.
Your defence argument for fairness of the fifo for refund request form are eventual waiting list, where later batches must (could) wait for earlier(I agree for potential problems but its minor issues wo major consequence, its not a problem if somebody with earlier batch, but late refund request to wait additional time for an refund and that someobody with later batches can meanwhile be refunded) but it does not justify the FIFO method for refund request and actual refund execution.
You did not understund me when I say that earlier batches are waiting the most and I did not meant that they waiting to submitting refund request; I meant to say their chip delivery is delayed the most and avalon offered an refund what is right thing to do. Never said its steamboat fault and that he should front the funds (its obvius I meant that refund should be filled when avalon refund SB), but refund is on the table for a while now and within Steamboat responsibility to take it as that is not his funds! Those chips now can be bought for 30% of avalon original price!
Avalon offered full refund not only because delivery delay but because chip price is obsolete and now overpriced.
Batch 6 has expected delivery date mid September. Batch 2 mid of July. How that does not matter? Batch 6 is still within original delivery schedulle!  So I repeat, how can be fair to buyer from batch 6 to get refund before buyer in early batches. Its unfair and ilogical. How to detirmine when buyer has submited refund request form? There is none recourse in the event of dispute. At least we have some confirmation when we bought the chips and what batch number.
No doubt its avalon mess, but they have offered fair solution and the ball is now on Steamboat hands and his responsibility.
Finally, its my opinion and think I gave valid arguments, first one who bought are served the first, always. Its generaly accepted and fair.
You dont need to agree with me, nor anyone else.

So final arguments are:
It should not matter when refund form is sumbitted. Buying carry more weight then solely submitting an form.
For those who submitted refund request should be refunded FIFO batch number order; from lower to higher eg 1-6.
Actual refunds are sent when funds received from avalon. Customers should have clear status supdate on that.
Full transparency.
We should have refund list (who is in and who is out) and status update.

Batch 6 buyers are still within delivery ETA and they accepted avalon price. Neither avalon or Steamboat have done anything wrong to them. Those who want refund from batch 6 should wait for a spot if somone from earlier does not want an refund, otherwise they can be chip delivered without any terms breached. For earlier batches terms are breached and avalon offered fair solution of full refund and Avalon addeed an offer for all batches being eglible for refund as a goodwill. I dont see a problem here and batch 6 buyers should not complain as Avalon have not wronged them and offered refund as a goodwill, while earlier batches are screwed and terms breached.

You have asked;"Do I care to addmit my own bias"? If I was in the batch 6 I would be pleased with present method but I would not debate and defend it because I would not have any arguments. Those who still want chips can buy it now for a lot less and they should not "ruin" refund oportunity for others who want refund.
You have stated that my proposition is unfair; Since when lack of orher "proposition" negate fairness of my claims and in this light why should your opinion count as valid? I admit that in prior post I might be unclear of what I porpose and fainess of it and hope in this I have explained better.

Steamboat chip refund policy clearly advocating actual chip delivery. Refund request has not deadline, nobody will be forced to take a refund and refund request is final! No word of those who want an refund and I bet they are in majoroty!
Like I said, people does not change. Steamboat already show his colors when it comes to communication and posting here. I doubt it will change, I hope I am wrong. Steamboat has a reason why he does not reply to emails, pm and post update or discusion. We can only assume of what that might be, but that reason is still present.

ps
sorry for bad english and very sorry of not quoting and addresing each parts of your post, hope you can see the overall meaning in this post  
Opengr, I am truelly sorry if I offended you when talked about bias. Never meant you being selfish and looking only for your interess. As you said you were requested refund this weekend and I have very early request what will be filled most likely soon when refund process resume. So I hope you understand that I am disscusing what I believe to be fair 

I didn't promise anything  

I'm sure an update is coming soon as he has one,with many batches of refunds to do,Y I FU not communicating about the refunds or chips,a board to smack into shape & god knows what else...........................

I'm afraid I have to agree with you.  Any promises of future business with steamboat are down the drain that's for sure.  Hasn't answered PM, e-mail or support ticket on website.  Sent multiple requests asking very simple questions -- with zero response.

I'm wondering if there is any way to get a refund with bitpay, since that's what we all used as a payment method for assembly/parts.

I received an email request from SB to resend the refund request with a signed message. I replied to the email with the signed message hashes for each transaction, but have not heard back.

Were we suppose to submit the requests again through the automated form instead? If so how does that work since the automated form does not contain a place to input a signed message.

SB did you receive my request or not?

Everyone, refund.  I think this group buy is beat.  Lack of promised updates is unacceptable.

I never received an email about getting a refund.  I'd also like Steamboat to reply to my previous post about all of our options at this point.

Chad

I can see how this would be technically accurate.  Both options are on the table, although I believe from the tone of the update that this would be the less likely option.

See steamboat; this is why we need updates.

Mine was rejected the first time around (problem with the signing) and I sent off for another. Hopefully it goes through.

This is the idea I was alluding to above:



It seems to me that it doesn't really speak to that possibility. He said that no one would be forced to take a refund. That leaves open the possibility that some people who want a refund will not get it, but it doesn't rule out the alternative of LSD taking a refund for some variable number of chips.


I think it's the default reading that leaves us to figure some will get screwed, but I agree it's an open question.


++

And steamboat, please answer this open question.

We don't know steamboat's plans vis-à-vis partial orders.  Steamboat mentioned he had refunded his personal batches as well.  Maybe he will absorb the refunds for the partial batch and mine with the rest.  He specifically said no one will be forced to take a refund.  I read that to mean that those who don't want the refund in the partial batch will be serviced with a partial shipment, the rest of which LSD will absorb.  That's a possibility, right?  Not sure why people are convinced that it's inevitable someone will get screwed (well, we all got screwed by Yifu, but I reference batch refunds only here). 

Steamboat, we are approaching 1 week with no updates.  Can we get some love please?

My orders combined were only 68 chips. Not sure if that plays into it at all.

I don't think your clarification here makes any difference to my points.


Avalon isn't giving partial refunds or sending partial batches, so if I read you right, now you are actually suggesting that steamboat should front the money for the refunds.


Do expect the problem of a partial batch refund request to happen. This is a known issue. The only way around it I can think of is if steamboat personally requests a refund for some portion of his chips, the amount of which is dependent on how many other people request refunds.

But what do you mean "earlier batches wait the longest"? There is no correlation. The refunds are completely decoupled from the refund requests, and that is the point.

Unless you mean people in earlier batches wait longer to decide because it's less clear if they will ROI? Too bad, it is their risk in waiting to decide. By allowing them to cut in line as I described, they are offloading their risk onto those who decide sooner. That is most certainly not fair.


Well, first let's be clear: the situation is not fair, and that's Avalon's fault. So, it's a question of what can we do that is the least unfair.

With that said: yes, as I've explained, I do think that is the least unfair option.

Besides the implementation problems, you've not presented a compelling case as to why first mover advantage of buying into the group buy should confer the same for getting out. I think your objection is "just you".


Now here you have a point, but your proposed solution has nothing to do with these problems.



As it happenes, yes I am in a later batch. However, I also only just requested my refund over the weekend. So, in my estimation, it won't make much difference to me personally.

FWIW, in a completely unrelated (non-Bitcoin) group investment, I recently insisted on taking a smaller portion of the returns personally, because I felt it was the right thing to do. The person running the investment had suggested a larger share for me, and I told him that I should get less.

I call them like I see them, and I'm saying that my personal financial interest here has no bearing on my argument.

Care to admit your own bias?


I completely agree about the transparency, and I'm disappointed at the lack of it. But your proposal of "FIFO by batch order" has no bearing on this, either.

[insert punch line here]   

Ditto. Without the f****ing. The wife would get mad....

Steamboat, I have emailed you TWICE with no response in 5 days. This is a joke.

You are currently holding thousands of my dollars and I would like a fucking response.

Anyone considered using a small thermoelectric cooling module to cool the boards IR3895 units (It has a thermally-compensated current limit) to gain more amps for overclocking?

Its easy to answer
From post history profesor requested refund 48hrs after email and I have requested it max 20hrs from email. Its hard to say when exactelly, I am in different time zone (eu) received email in 2 am my time and filled it afternoon.
It does not matter, there is nothing then to wait and that is exactely what I will do. Seem to me like I post too much,lol

I would be interesting to know the relative dates professorY and alfabitcoin requested their refunds. I'd assume SB is refunding in order the refunds are received?