terrahash never *promised* any date
they said upfront it'd be 2 weeks the chips came in, and placed the best estimate they had as a rough guess on when they'd come
I have 900$ on the line myself
Topic: Off-Topic - page 105. (Read 384416 times)
I have requested a refund for close to 30k of hardware from Terrahash, I urge everyone to do the same.
Why? It's Bitsyncom at fault, not Terrahash. Why do you want to ruin Terrahash, after they've been f*cked by Bitsyncom and Cloudhashing?
Who is at fault makes little difference. Yes, TH has been screwed, and by extension we as customers are being screwed. What if the chips don't arrive til October? Should we all just allow ourselves to be screwed too, because it's not TH's fault? Nobody here wants to see TH ruined, but nobody here wants to lose out on a delayed product either.
I am extremely disappointed at this point. Our promised delivery date has passed, difficulty is soaring, and if the miners don't arrive in customer hands in less than a month we may never see them break even. Even then, it is looking pretty bad....
I really do feel TH's pain here, because it truly is not their fault. However, I am a customer, not an investor... and we are passed the promised delivery date. Still, for right now I am (perhaps foolishly) optimistic. It's a tough call, but BG raises a good point. TH will likely mine with the hardware (since they paid less, they can still ROI where we can't) or sell them on ebay where suckers are still bidding up jalapenos to double - triple their original price.
So an interesting thing happened yesterday to another non-bitcoin related pre-order I made recently.
If I've learned anything from this thread then I should be getting out my torch and pitch fork, calling my lawyer, filing a complaint with the FTC, and starting a riot.
hahahaha.
I post this just to illustrate that even non-startups have problems fulfilling pre-orders sometimes
.
Have you demanded photographic evidence that they have in fact ordered the item? Have you sent someone to visit their warehouse to see if they're legit? Quote
Dear Valued Guest,
Thank you for shopping at Toys"R"Us and Babies"R"Us!
We wanted to inform you that we have not yet received inventory on your Wii U Infinity Starter Pack pre-order which was expected in-store on August 18th, 2013. We will send you a follow-up email once this item is available and ready for pickup.
Thank you for shopping at Toys"R"Us and Babies"R"Us!
We wanted to inform you that we have not yet received inventory on your Wii U Infinity Starter Pack pre-order which was expected in-store on August 18th, 2013. We will send you a follow-up email once this item is available and ready for pickup.
If I've learned anything from this thread then I should be getting out my torch and pitch fork, calling my lawyer, filing a complaint with the FTC, and starting a riot.
hahahaha.
I post this just to illustrate that even non-startups have problems fulfilling pre-orders sometimes
.
I have requested a refund for close to 30k of hardware from Terrahash, I urge everyone to do the same.
Why? It's Bitsyncom at fault, not Terrahash. Why do you want to ruin Terrahash, after they've been f*cked by Bitsyncom and Cloudhashing?
FUD to distract from the FUD
FUDception
FUDception
You keep holding onto the dream.. I'm out, gave them plenty of chances, but not waiting any more. Chargeback filed and will use the cash to buy ASICs for 50% of their original value approximately 1 month after they are received by the masses.
I'll keep tabs here, it'll be interesting to see you change your tune.
Don't worry about me, I've recently joined the 1%.
You believe Yifu??
Sadly I do believe him on the Gen 2 purely based on survival of his business.
That being said I wouldn't put money on it
Oh no, there will def be Gen 2, but once bitten and all that. You happy to trust him ever again? He's screwed so many people over.
I have requested a refund for close to 30k of hardware from Terrahash, I urge everyone to do the same.
FUD to distract from the FUD
FUDception
FUDception
You keep holding onto the dream.. I'm out, gave them plenty of chances, but not waiting any more. Chargeback filed and will use the cash to buy ASICs for 50% of their original value approximately 1 month after they are received by the masses.
I'll keep tabs here, it'll be interesting to see you change your tune.
Don't worry about me, I've recently joined the 1%.
You believe Yifu??
So an interesting thing happened yesterday to another non-bitcoin related pre-order I made recently.
If I've learned anything from this thread then I should be getting out my torch and pitch fork, calling my lawyer, filing a complaint with the FTC, and starting a riot.
hahahaha.
I post this just to illustrate that even non-startups have problems fulfilling pre-orders sometimes.
Quote
Dear Valued Guest,
Thank you for shopping at Toys"R"Us and Babies"R"Us!
We wanted to inform you that we have not yet received inventory on your Wii U Infinity Starter Pack pre-order which was expected in-store on August 18th, 2013. We will send you a follow-up email once this item is available and ready for pickup.
Thank you for shopping at Toys"R"Us and Babies"R"Us!
We wanted to inform you that we have not yet received inventory on your Wii U Infinity Starter Pack pre-order which was expected in-store on August 18th, 2013. We will send you a follow-up email once this item is available and ready for pickup.
If I've learned anything from this thread then I should be getting out my torch and pitch fork, calling my lawyer, filing a complaint with the FTC, and starting a riot.
hahahaha.
I post this just to illustrate that even non-startups have problems fulfilling pre-orders sometimes
. FUD to distract from the FUD
FUDception
FUDception
You keep holding onto the dream.. I'm out, gave them plenty of chances, but not waiting any more. Chargeback filed and will use the cash to buy ASICs for 50% of their original value approximately 1 month after they are received by the masses.
I'll keep tabs here, it'll be interesting to see you change your tune.
Just did an estimation over at http://www.coinish.com/calc/#. Assuming an 11.7% reduction in profitability each week, I won't make $300 over the course of a year with 18 GH/s. Had we got these when we were supposed to I would have broke even around 30 days.
At some point, not sure when, the difficulty rise will drop-off drastically. This probably won't be for another year or two - once the mining companies start maximizing the ASIC performance.
At some point, not sure when, the difficulty rise will drop-off drastically. This probably won't be for another year or two - once the mining companies start maximizing the ASIC performance.
If bitcoin price rises you can roi in Us$. If you bought using bitcoins, you probably won't roi in bitcoins.
If BTC does not rise, than we are all just chasing our own tails.Stop spreading nonsense - more FUD to distract the noobs away from the fact that they are getting screwed with the late delivery.
Just did an estimation over at http://www.coinish.com/calc/#. Assuming an 11.7% reduction in profitability each week, I won't make $300 over the course of a year with 18 GH/s. Had we got these when we were supposed to I would have broke even around 30 days.
At some point, not sure when, the difficulty rise will drop-off drastically. This probably won't be for another year or two - once the mining companies start maximizing the ASIC performance.
At some point, not sure when, the difficulty rise will drop-off drastically. This probably won't be for another year or two - once the mining companies start maximizing the ASIC performance.
If bitcoin price rises you can roi in Us$. If you bought using bitcoins, you probably won't roi in bitcoins.
If BTC does not rise, than we are all just chasing our own tails.Stop spreading nonsense - more FUD to distract the noobs away from the fact that they are getting screwed with the late delivery.
Isn't their some way to find out exactly who is holding up those chips? why no tracking number? Whoever chose to hold up those chips (if they are truly being held up in customs) should be held accountable.
Just did an estimation over at http://www.coinish.com/calc/#. Assuming an 11.7% reduction in profitability each week, I won't make $300 over the course of a year with 18 GH/s. Had we got these when we were supposed to I would have broke even around 30 days.
At some point, not sure when, the difficulty rise will drop-off drastically. This probably won't be for another year or two - once the mining companies start maximizing the ASIC performance.
At some point, not sure when, the difficulty rise will drop-off drastically. This probably won't be for another year or two - once the mining companies start maximizing the ASIC performance.
If bitcoin price rises you can roi in Us$. If you bought using bitcoins, you probably won't roi in bitcoins.
If BTC does not rise, than we are all just chasing our own tails. It isn't an article it is the website of an attorney who sues people for this very purpose. He wouldn't advertise it if it wasn't profitable - usually in those types of cases the attorneys are paid as some percentage of the awarded damages.
I conceded. Do you want me to wave a white flag too? People sue and win damages based on potential profit often for contractors who don't meet their deadlines. It doesn't need to do any ROI. You can claim compensatory damages which awards the plaintiff as if the contract had been fulfilled.
http://abramsonlegal.com/2009/09/money-damages-and-breach-of-contract-cases/
OK, I read the link, and while you can obviously sue for anything you'd like, nothing in the article you posted gives me any great confidence that you would be successful. But I'm happy to concede the point as it does appear that you'd at least have a fighting chance.http://abramsonlegal.com/2009/09/money-damages-and-breach-of-contract-cases/
People sue and win damages based on potential profit often for contractors who don't meet their deadlines. It doesn't need to do any ROI. You can claim compensatory damages which awards the plaintiff as if the contract had been fulfilled.
http://abramsonlegal.com/2009/09/money-damages-and-breach-of-contract-cases/
OK, I read the link, and while you can obviously sue for anything you'd like, nothing in the article you posted gives me any great confidence that you would be successful. But I'm happy to concede the point as it does appear that you'd at least have a fighting chance. http://abramsonlegal.com/2009/09/money-damages-and-breach-of-contract-cases/
The only risk they took was that they may have to use legal or PayPal/CC means to recoup their money in the case they weren't delivered on time or at all. They are owed, in a legal sense, any losses which they incurred due to late delivery. It doesn't always work out that the business has the assets to fulfill that and they often declare bankruptcy.
This I very much doubt. While I'm certainly no legal expert I would think any contract implied would stretch only to the product and it's capabilities, i.e. hashrate. Unless Terrahash used verbage to indicate expected ROI then I doubt they can be held to any loss of income through late shipment. I base this purely on my very limited knowledge that when multimillion dollar contracts are written, reviewed by legal teams and ultimately signed, there is often language contained in said contract that specifically discusses penalties owed from vendor to purchaser for late delivery. I'm happy to be told I'm wrong by an actual legal expert or by anyone who can show me legal precedent, but while I understand your argument perfectly well, would it actually hold up in court?As for the first part, the risk, I agree with you there for the most part. I would say that the risk extends beyond having to fight to get the money back, to actually ever getting all or just some of it back, although buyer protection from PayPal/CC should alleviate that.
http://abramsonlegal.com/2009/09/money-damages-and-breach-of-contract-cases/
The only risk they took was that they may have to use legal or PayPal/CC means to recoup their money in the case they weren't delivered on time or at all. They are owed, in a legal sense, any losses which they incurred due to late delivery. It doesn't always work out that the business has the assets to fulfill that and they often declare bankruptcy.
This I very much doubt. While I'm certainly no legal expert I would think any contract implied would stretch only to the product and it's capabilities, i.e. hashrate. Unless Terrahash used verbage to indiciate expected ROI then I doubt they can be held to any loss of income through late shippment. I base this purely on my very limited knowledge that when multimillion dollar contracts are written, reviewed by legal teams and ultimately signed, there is often language contained in said contract that specifically discusses penalties owed from vendor to purchaser for late delivery. I'm happy to be told I'm wrong by an actual legal expert or by anyone who can show me legal precedent, but while I understand your argument perfectly well, would it actually hold up in court?As for the first part, the risk, I agree with you there for the most part. I would say that the risk extends beyond having to fight to get the money back, to actually ever getting all or just some of it back, although buyer protection from PayPal/CC should alleviate that.
Just did an estimation over at http://www.coinish.com/calc/#. Assuming an 11.7% reduction in profitability each week, I won't make $300 over the course of a year with 18 GH/s. Had we got these when we were supposed to I would have broke even around 30 days.
At some point, not sure when, the difficulty rise will drop-off drastically. This probably won't be for another year or two - once the mining companies start maximizing the ASIC performance.
At some point, not sure when, the difficulty rise will drop-off drastically. This probably won't be for another year or two - once the mining companies start maximizing the ASIC performance.
If bitcoin price rises you can roi in Us$. If you bought using bitcoins, you probably won't roi in bitcoins.
We just received 60 sample chips from Avalon. Apparently from the 20,000 chips order we placed on June 20th. There was no status updated on the order page, and we never received a tracking number. As knightlife pointed, some other people who placed order around the same time have received chips in the last couple days in the same fashion.
Suggestion, create k16 boards from the sample chips and raffle it your customers ( got the idea from Sebastian's group
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