Off-Topic - page 12. | Bitcointalksearch.org

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: Tad3j on November 17, 2013, 11:57:47 AM

Quote from: yan_jp on November 17, 2013, 11:31:57 AM

Quote from: ?? on ??

Update 11/9/2013: TerraHash is still in business, we have not filed for bankruptcy yet. The refund from Yifu was cashed immediately back then, we did not make any profits from the recent surge in BTC prices. Again, we are still committed to provide as much refund as possible. I will update again in a couple days on how we are going to proceed with that.

I still believe terrahash will stick to what he keeps saying. Or, no need even to put a word here.

But maybe it is a bit too long... Hope I can get my bitcoin refund soon as promised.
I admire the effort and risk and believe it is not worth terrahash to lose his reputation.

Yeah, same here!

It is a really long wait, but there's still no evidence on being bad guys as they update us. Yeah, they had updateing issues, but I believe they will do as much as they can! Wink

Do as much as they can to run with whats left to the bank? lol I hope no one still believes TH is legit.

justmyname

sr. member

Activity: 389

Merit: 250

Quote from: Tad3j on November 17, 2013, 11:57:47 AM

Quote from: yan_jp on November 17, 2013, 11:31:57 AM

Quote from: ?? on ??

Update 11/9/2013: TerraHash is still in business, we have not filed for bankruptcy yet. The refund from Yifu was cashed immediately back then, we did not make any profits from the recent surge in BTC prices. Again, we are still committed to provide as much refund as possible. I will update again in a couple days on how we are going to proceed with that.

I still believe terrahash will stick to what he keeps saying. Or, no need even to put a word here.

But maybe it is a bit too long... Hope I can get my bitcoin refund soon as promised.
I admire the effort and risk and believe it is not worth terrahash to lose his reputation.

Yeah, same here!

It is a really long wait, but there's still no evidence on being bad guys as they update us. Yeah, they had updateing issues, but I believe they will do as much as they can! Wink

Re: OFFICIAL TerraHash Thread (Klondike/Avalon Assembly US)
September 25, 2013, 06:25:39 PM

Reply with quote #4535
Some events happened last week, that have forced us to make a decision to go out of business. A lot of issues compounded to press us to do this. The failure of the Klondike project was one. Chase, our bank, shut down our accounts. Also the delay in the shipment of the chips has resulted in a lot of customers asking for refund. We already owe a lot of money to PayPal, and with all the refund requests, it is impossible for us to continue our operation profitably. So we have decided to dissolve the company.

We are going to ask for a refund from Yifu. As soon as we get a refund from him, we will start refunding all the orders. We will be able to refund about 50% of every order with this amount. We are trying to get our money out of Chase, which will help us refund another ~5% of each order. We are trying to return as many components as we can, and as soon as we get more money back, we will send additional pro-rated payments to each order.

Once we get a refund from Yifu, we will be sending an email to everyone asking for a current Bitcoin address where to send the payments.

Tad3j

sr. member

Activity: 270

Merit: 250

Quote from: yan_jp on November 17, 2013, 11:31:57 AM

Quote from: ?? on ??

Update 11/9/2013: TerraHash is still in business, we have not filed for bankruptcy yet. The refund from Yifu was cashed immediately back then, we did not make any profits from the recent surge in BTC prices. Again, we are still committed to provide as much refund as possible. I will update again in a couple days on how we are going to proceed with that.

I still believe terrahash will stick to what he keeps saying. Or, no need even to put a word here.

But maybe it is a bit too long... Hope I can get my bitcoin refund soon as promised.
I admire the effort and risk and believe it is not worth terrahash to lose his reputation.

Yeah, same here!

It is a really long wait, but there's still no evidence on being bad guys as they update us. Yeah, they had updateing issues, but I believe they will do as much as they can! Wink

yan_jp

newbie

Activity: 14

Merit: 0

Quote from: ?? on ??

Update 11/9/2013: TerraHash is still in business, we have not filed for bankruptcy yet. The refund from Yifu was cashed immediately back then, we did not make any profits from the recent surge in BTC prices. Again, we are still committed to provide as much refund as possible. I will update again in a couple days on how we are going to proceed with that.

I still believe terrahash will stick to what he keeps saying. Or, no need even to put a word here.

But maybe it is a bit too long... Hope I can get my bitcoin refund soon as promised.
I admire the effort and risk and believe it is not worth terrahash to lose his reputation.

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: gbx on November 17, 2013, 10:21:56 AM

Quote from: LostDutchman on November 17, 2013, 04:29:49 AM

You guys don't get it yet, do you?

The money is gone.

There ain't no money to be had.

It's over.

My $.02.

Wink

I think you really cleared things up for us. Much appreciated.

Hire a lawyer if you lost big. Not all the money is gone...... but i bet a huge chunk is.

gbx

full member

Activity: 226

Merit: 100

Quote from: LostDutchman on November 17, 2013, 04:29:49 AM

You guys don't get it yet, do you?

The money is gone.

There ain't no money to be had.

It's over.

My $.02.

Wink

I think you really cleared things up for us. Much appreciated.

LostDutchman

sr. member

Activity: 476

Merit: 250

You guys don't get it yet, do you?

The money is gone.

There ain't no money to be had.

It's over.

My $.02.

Wink

Cryptoin

full member

Activity: 155

Merit: 100

Is there anyone taking legal action in the US or putting together a group lawsuit? Terrahash still owes me a decent amount of money from ACH transfers I was unable to chargeback.

JakeTri

full member

Activity: 154

Merit: 100

Quote from: bitcoin carpenter on November 15, 2013, 09:56:38 AM

Any Canadians want to set up a group to see if we can get a lawyer to chase terrahash for bitcoins

+1

bitcoin carpenter

legendary

Activity: 1582

Merit: 1001

Quote from: ?? on ??

Some events happened last week, that have forced us to make a decision to go out of business. A lot of issues compounded to press us to do this. The failure of the Klondike project was one. Chase, our bank, shut down our accounts. Also the delay in the shipment of the chips has resulted in a lot of customers asking for refund. We already owe a lot of money to PayPal, and with all the refund requests, it is impossible for us to continue our operation profitably. So we have decided to dissolve the company.

We are going to ask for a refund from Yifu. As soon as we get a refund from him, we will start refunding all the orders. We will be able to refund about 50% of every order with this amount. We are trying to get our money out of Chase, which will help us refund another ~5% of each order. We are trying to return as many components as we can, and as soon as we get more money back, we will send additional pro-rated payments to each order.

Once we get a refund from Yifu, we will be sending an email to everyone asking for a current Bitcoin address where to send the payments.

Shenanigans

gjgjg

sr. member

Activity: 448

Merit: 250

Quote from: bitcoin carpenter on November 15, 2013, 09:56:38 AM

Any Canadians want to set up a group to see if we can get a lawyer to chase terrahash for bitcoins

Im in EU but I think we should collectively look into a solution and give a % of the total btc retrieved... count me in if possible!

bitcoin carpenter

legendary

Activity: 1582

Merit: 1001

You think they are going to refund btc without legal action?

fire5

newbie

Activity: 53

Merit: 0

Quote from: bitcoin carpenter on November 15, 2013, 09:56:38 AM

Any Canadians want to set up a group to see if we can get a lawyer to chase terrahash for bitcoins

Its going to happen

bitcoin carpenter

legendary

Activity: 1582

Merit: 1001

Any Canadians want to set up a group to see if we can get a lawyer to chase terrahash for bitcoins

yan_jp

newbie

Activity: 14

Merit: 0

Terrahash, I'm waiting for my bitcoin refund for long. When will you process it?

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: fire5 on November 14, 2013, 01:01:57 PM

Send the refunds

Good luck getting it from them. Hire a lawyer.

fire5

newbie

Activity: 53

Merit: 0

Send the refunds

gbx

full member

Activity: 226

Merit: 100

Quote from: hammurabi on November 14, 2013, 04:01:54 AM

Quote from: MinermanNC on November 13, 2013, 07:01:46 PM

Wow nice to see some of the ol gang still hanging around in here lol,,,, anyone got an refunds yet, especially in BTC? probably not,,,especially at 400 bux a coin! my my...

Bitcoin haven't crashed yet so probably they will leverage on our coins for little more time aka 'in couple of days' aka in two weeks^tm time.
But do not panic! The more zillions they make the more lightly it will be for them to return our money back..

Terrahash said they cashed Yifu's refunds immediately long time ago, but earlier they said they will refund promptly as soon as Yifu pays back. Refunding more money along the way in prorated payments as they auction/sell the unused equipment.
No fraction of the refund hit my wallet so unless proof is given (bank recepits, Avalon order id(s), blockchain confirmations) we can assume they are still gambling with our coin.

Yes, clearly expectation management and follow through is not a skill that they posses.

hammurabi

full member

Activity: 223

Merit: 100

Quote from: MinermanNC on November 13, 2013, 07:01:46 PM

Wow nice to see some of the ol gang still hanging around in here lol,,,, anyone got an refunds yet, especially in BTC? probably not,,,especially at 400 bux a coin! my my...

Bitcoin haven't crashed yet so probably they will leverage on our coins for little more time aka 'in couple of days' aka in two weeks^tm time.
But do not panic! The more zillions they make the more lightly it will be for them to return our money back..

Terrahash said they cashed Yifu's refunds immediately long time ago, but earlier they said they will refund promptly as soon as Yifu pays back. Refunding more money along the way in prorated payments as they auction/sell the unused equipment.
No fraction of the refund hit my wallet so unless proof is given (bank recepits, Avalon order id(s), blockchain confirmations) we can assume they are still gambling with our coin.

MinermanNC

legendary

Activity: 2198

Merit: 1000

Wow nice to see some of the ol gang still hanging around in here lol,,,, anyone got an refunds yet, especially in BTC? probably not,,,especially at 400 bux a coin! my my...

Topic: Off-Topic - page 12. (Read 384416 times)