Topic: Off-Topic - page 112. (Read 384417 times)

Supposedly capital one will do 180 days from the date of purchase.

I don't want to leave TH hanging but I do want them to prove to me that they are making attempts in cooperation with the other group buys to get Yifu to explain the facts of what has been happening, where the chips are and when they are coming, and how he is going to compensate the end users for violating his 9-10 week contract.

That is understandable and you played a sensible hand. You for all intents and purposes are not doing this to rock the boat, but because the chips were not delivered on time for your participation in this entire to continue due to the fat you were sensible enough to pay with consumer protection in place.

All who paid with CC and want to do a chargeback , better check with your banks as I did just few minutes ago. My bank deadline for opening dispute is 60 days, it means that I have 3 days left to do it. I was optimistic until yesterday, now lost my faith. Send few tickets to Terrahash with questions not related to refund but never got answer. Last ticket about refund remains unanswered too. That overfilled my patience. If chips will not show up in 2 days I will open a dispute in bank to get my money back. It was only small order in first batch but it took all my savings.

Hmm, and I thought I was the only one here on TH's payroll. Darn.

Are you on the dole from Terrahash KL? who would have thunk...lol

ya something like that may have went down,,,,at this point id rather he had sat on them,,,,,,,and starts shipping again this week,,,,as opposed to the chips have been hijacked or sold off completely somewhere? or theft? and they never arrive! Its really out of our controll anyways, we all are at his mercy, like it or not. So i am just waiting for something this week from him to say they are shipping again and when. After this week its on to plan b Im afraid.

It's the real deal "get rich quick" scheme.

The obvious answer is that someone offered YiFu a crapload of cash to sit on these chips - someone who either didn't want to see all these new businesses springing-up around the chips succeed, or who's bottom line would be impacted when all these new devices came on line, or both.  An offer too good to refuse....  In other news, I hear ASICminer is having another 1/2 million Block Erupters manufactured....

I respect your views, and I agree that the refund policy switch was a bit lame. But even further, the fact that they don't answer questions of transfers and other account status issues, they are inviting this.

While I completely agree that the delays are not Terrahash's fault at this point at all, they should have been slightly less aggressive with their expected dates, even when stating the two weeks after chips arrive date. Again, it is what it is, so you're faced with your own decision that makes the most sense for you. Ignore anyone else's self-serving opinion... Some don't want you to request a refund, as they believe it hurts their chances to get their machine, but again, if TH was so concerned about this, they would answer related questions and support tickets.

YiFu seems so genuine in his interviews and most of his posts I've read.  Any speculation on what is really going on?  I read the http://www.avalon-asics.com/ post when they came out, but did not know what to make of it.

ditto here

I don't want to hurt TH, but the switcheroo with the refund policy was lame.  Their original refund policy was one of the reasons I invested.  I understand they had to use the money, but still lame.  I will leave the CC dispute as a last resort if they really don't deliver in 90 days (9/16/2013?)... yikes, that is closer than I thought.  Well, maybe I will not be able to use the CC dispute... is it realistic that they will deliver in 34 days?  Ugh, this get more complex by the day.

That means YiFu's story about the chips being stuck in customs is complete BS to start with.

I'm not sure I understand.  Does that mean that the chips that are stuck in customs will only be there for a few days?

I can't really help you with your other questions, as you indicated, much of that is personal choice, and depends on your overall goals. Reselling is probably the best option for the biggest ROI.

In terms of refunds though, if you paid via Paypal, you do indeed have one option left to you, assuming your credit card used is like most.. You can file a dispute with your CC for non-delivery (Be aware, you only have 90 days usually, but it could differ). Again, this should stir up the pro-Terrahash folks (I'm not anti-Terrahash, In fact quite the opposite, but I just have an issue with people defending them on this refund issue), but frankly, if you offer refunds, then pull the wording right before the pre-orders, then post that they will be considered, and then finally post that they won't be honored, you don't have any leg to stand on, not even looking at consumer protection laws. Besides, while this is the Crypto world and the game is different, credit card companies don't see this any different.

When I pre-order a next gen TV from Best buy, and it is not delivered by the time that I would like, I'm going to ask for a refund, and if not granted, I'll get the refund through a dispute. Mitigated risk. These are not customized devices, they ordered parts based on the number of orders, and can easily resell them, especially if they answered their support tickets for authorizing change of ownership.

Thanks for your feedback Bargraphics.  I'm cautiously leaning towards mining for a few weeks and then selling if anyone will buy the TH hardware at that time.  It feels a little risky, but gets me closer to my original goal of mining BTC.  I don't hope anything bad for KnC, but if they miss their date, I won't be too disappointed.  I wish I had bet on both, but did not see it in KnC until it was too late for me.

You have the correct documents, you pay import duties, you walk away with goods the same day in person. If with a courier, you pay import duties over the phone, you receive the following day. In China without the correct documents, you pay, items are released. There is zero chance a multi billion dollar company, like TSMC packaged without the correct documents.

Yeah, I don't blame TH, I really do appreciate what they are doing and all their hard work.  I don't (currently) have the skills to assemble the boards and chips, but want to mine, so their as well as other's work is appreciated.   I realize Bitsyscom is the holdup, or at least I believe they are saying a large order of recently shipped chips are stuck in customs.  I have never debt with customs, does anyone know what type of realistic time frame we might be looking at?