It's pretty clear that the you won't get the rate that was current at the time you made the transaction.
It will be the BTC rate of when your problem gets resolved. BitInstant definitely doesn't have the money to refund everyone their lost BTC.
URSAY is not gonna be able to change that, and the only resolution is to stop doing business with BitInstant in the future.
Hey,
This is incorrect.
We have always and will always be crediting customers at the exact rate at time of depositOur automated system does not do this all the time, however when your order is processed, send us an email or PM or post here and
refunds will be creditedWe our solving all our issues this week, and we thank our customers for bearing with us in this explosion.
I want to remind everyone that we've never scammed or defrauded anyone. We are one of the longest running Bitcoin companies, and we are not going anywhere.
Thanks
Charlie
the only resolution is to stop doing business with BitInstant in the future.
this plus small claims, or class action if others want to join in on the fun
Good luck.
If you do not want to help me understand your question or situation then I cannot help you. Sorry.
Here, I'll dumb it down for you:
A very specific price is quoted at time of placing the order. Will that price be honored when your lighting fast support gets around to fixing people's orders next week?
a) Yes
b) No
You need only answer with a single letter. Which is it?
I've answered this MANY times. Every order is different. If you have an issue with your order then we will do our best to make it right. I can help you by escalating a ticket. Thanks.
Oh look another fucking dodge. what a surprise
Please tone down the language and treat me with respect or I will simply refuse to help you. I am not here to take your abuse. I understand you are frustrated and I take it in ALL DAY and NIGHT. If you are reasonable with me then I will treat you the same.
Yes, he is not being very nice to you, but it is a relatively simple request. All of us are asking the same question and you have started to dodge it. Saying that every case is different is obvious, but also very unhelpful. It isn't going to be any better in three days when people find out that they aren't going to be able to get the correct price, so saying that we're screwed now is at least a direct answer. I'm on your side with all of this, but I also understand that people, myself included, are starting to get a little worried with the rising prices and not being able to fairly get our coins.
We have always and will always be crediting customers at the exact rate at time of depositIts in our FAQ on our website, that has not changed since we opened doors in 2011
Charlie
the only resolution is to stop doing business with BitInstant in the future.
this plus small claims, or class action if others want to join in on the fun
if these problems doesn't get resolved, then I'm sure BitInstant will have a class action on its hands.
sucks my first bitcoin experience had to go like this
I implore anyone who has an issue worthy of a lawsuit to contact me.
Charlie
After 6 days I have finally received my bitcoins from Bitinstant. Thank you for your help URSAY.
However, I'm gonna have to submit another support ticket, I will accept receiving a spot on tomorrows list rather than my earlier position because I have improved my standing. I've seen it stated before on this thread that it is Bitinstants policy to honor the transaction at the rate mtgox has at the time of transaction. My zipzap confirmation occurred at 10:11 p.m. Mountain time on the 2nd of April 2013 Account Number: 763171501. The value of Mtgox of that time was around 120 to 130 USD. The rate I received for my $96.01 after transaction fees is less than what the price is currently, likely being completed at the absolute peek in price earlier today. My math comes out to me having received a rate of 192.514353759, this was certainly not the price of bitcoin last Tuesday and I wish to receive the difference, I cannot calculate the exact amount, but I believe it comes out to roughly .3 BTC
Quote ID 7bf2d681-c9f1-4e71-bce1-34e5e463a63d
ZipZap Account Number: 763171501
As promised, I sent 0.3 BTC in refund for spot price
The transaction is under way, for your information, the transaction ID is:
bbe1f6c72d5b9472e322bdcf8e9e8c24a5b02663eb2c035963b1a25384053ca8
My best guess (Since no one is telling us), is they are waiting for the funds from MoneyGram/ZipZap that we deposited. After reading the link I posted earlier it appears they are "juggling" funds because of the tremendous attention bitcoin is having. Our best hope is they get their money tomorrow and then they will process our orders. Is this correct Ursay?
This is incorrect.