Author

Topic: OMG, Butterfly Labs refunded me and I made ROI!! (Read 8361 times)

legendary
Activity: 2716
Merit: 1116
Heh, gotta love that!  Grin

My best ROI story was canceling a KNC Neptune order. Paid ~11.5BTC for it, and was refunded ~27.5BTC.
Wow you made 16 BTC profit, that's the best ROI one can get lol

wish I have 16 BTC to spend on my xapo card  Grin
hero member
Activity: 742
Merit: 500
LOL..the only one to hit ROI
must be hard to be the customers
sr. member
Activity: 267
Merit: 250
6th BTC reached. Thank you for your support
Heh, gotta love that!  Grin

My best ROI story was canceling a KNC Neptune order. Paid ~11.5BTC for it, and was refunded ~27.5BTC.
Wow you made 16 BTC profit, that's the best ROI one can get lol

well congrats, but all depends on how much BTC is worth when you purchase and how much it's worth now when you get the refund.
legendary
Activity: 1400
Merit: 1009
Heh, gotta love that!  Grin

My best ROI story was canceling a KNC Neptune order. Paid ~11.5BTC for it, and was refunded ~27.5BTC.
Wow you made 16 BTC profit, that's the best ROI one can get lol
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
Wow this is pretty good news, I'd hate to think its random and want to believe the refunds will be showing up more and more to other people


I got one for 550  so I think I lost under 100.  My refund came in 2014 about 15 months late.
legendary
Activity: 1050
Merit: 1001
Wow this is pretty good news, I'd hate to think its random and want to believe the refunds will be showing up more and more to other people
hero member
Activity: 676
Merit: 501
How did you go about getting the refund? Congrats though. Very surprising. Shocked

Getting a refund can be done in a few ways as it seems..

The number one is paypal if u paid that way...

Next will depend on how much ur owed, How u paid them & how u want a refund...

They say they are going to pay cash refunds but im yet to hear of one??

If ur less than $1000 u should have been refunded already if not email them & ask whats going on??

If its over $1000.00 as them what position in the queue u are to see how long roughly that will take..

One option is like i did, Opt for a mining contract & hope to get as much as u can back & take the rest in a btc refund

Or take butterfly labs hardware & sell it to someone else who knows someone might pay u good money for it if not u could mine with it & take the remainder refund in BTC..

Lots of people have lots of stories about how to get it done these are a few, a few people are too embarrassed to talk about the BFL experience... I took a 40% loss to get out, Let us all know how u go!
newbie
Activity: 53
Merit: 0
How did you go about getting the refund? Congrats though. Very surprising. Shocked
newbie
Activity: 5
Merit: 0
Anyone else get a refund?
legendary
Activity: 2716
Merit: 1116
Lucky guy!!! Grin
newbie
Activity: 4
Merit: 0
It makes no sense anymore too mine cause somebody always has a bigger farm than you or more $ supply
sr. member
Activity: 266
Merit: 250
Hah! Congrats on getting a refund.
hero member
Activity: 560
Merit: 500
well is good to see some users get the refunded money ,i just hope as they pay all users as the same way others follow this system to bring bitcoin back to his pole on 500 to 1000 dolllars position
hero member
Activity: 676
Merit: 501
I ordered a monach for $2250 & asked for a refund to be denied..

Then put in a queue only to be jumbled all over the shop..

I ended up bartering with them as they said they were refunding people with under $1000 first.

I ended up taking a 544gh one year contract for $1495 & they refunded me 3.0 btc for the remaining money...

As i said i had to barter to get the refund at the same time... They initially said no to this idea & i said no refund no mining contract...

They caved in a week later when i badgered them about trying to do the right thing..

In Australian dollars 3.0 btc was $930.00 dollars & on the contract i expect to get 1.0btc if im lucky...

So i got $1200 austrailan in total, I just wanted to cut my losses...
newbie
Activity: 6
Merit: 0
Congratulations but I believe you will be only one of the few who actually get a refund and even fewer who made an ROI.

My US$65,716 refund hit the bank 2014/05/07.  2 separate 1.5TH/s minirigs ordered in March/April 2013 upgraded to 2 x 7 Monarchs.  I didn't think too long after being offered the refund to take it.
sr. member
Activity: 439
Merit: 250
A winrar is you!!
sr. member
Activity: 756
Merit: 250
Infleum
Congratulations. I've seen a thread where somebody showed their wallets and came to conclusion they've been dumping BTC on exchanges since December (court ruling). They are probably planning to refund more people in time.
hero member
Activity: 617
Merit: 543
http://idontALT.com
so i made $1kAUD + they give me free cloud mining which made ~1btc. (altho i just remembered i paid 1.6btc to upgrade the order to a Monarch..)
Happy Days...
QG

It gets better... Smiley

https://blockchain.info/address/14vrUKkLXcUNeT9wNR8shbE3ygALsMNwH7
Code:
Status: 21 confirmations
Date: 31/01/15 13:45
From: unknown
To: 14vrUKkLXcUNeT9wNR8shbE3ygALsMNwH7 (own address, label: ButterflyLabs - refund)
Credit: 0.72 BTC
Net amount: +0.72 BTC
Transaction ID: 87ebb4baccc6882daec45313406785914d20357cf8c181283a39b5139e3a6f6f-000

nfi what this 0.72btc refund from BFL is for...

I can't be the only one who got refunds: https://blockchain.info/address/38PEdxeoJUf12RTzg7Ay6Pu7kV7pqxHA1q

Even happier days..
QG
hero member
Activity: 1372
Merit: 783
better everyday ♥
This might be the only positive Butterfly Labs story in BitcoinTalk history.   Grin

I can't believe I just read Butterfly Labs, refund, and ROI in the same thread title...
hero member
Activity: 635
Merit: 500
BlasterKVs the king of xbox modding
you are lucky, there are many users who wanted refunds for their purchase but got nothing
or it might be because of paypal forced them to refund
legendary
Activity: 1190
Merit: 1000
Heh, gotta love that!  Grin

My best ROI story was canceling a KNC Neptune order. Paid ~11.5BTC for it, and was refunded ~27.5BTC.

Yes, that's definitely huge ROI on btc.
legendary
Activity: 1596
Merit: 1000
Heh, gotta love that!  Grin

My best ROI story was canceling a KNC Neptune order. Paid ~11.5BTC for it, and was refunded ~27.5BTC.
hero member
Activity: 955
Merit: 1004
And it only took almost two years?  BFL is doing amazing things for their integrity.
newbie
Activity: 52
Merit: 0
Good news. I believe most bitcoin scammers mean well but fall victim to their dumb human tendencies. We must be upright humans!
sr. member
Activity: 460
Merit: 500
mine took 9 months, i receive the refuns just before they were temporarily closed
full member
Activity: 182
Merit: 100
2 years is really long for a refund, I did pretty much forget about it already. Lucky you Smiley
Well getting 5K USD back after 2 years, definitely feels good.
Congrats on your refund.
full member
Activity: 478
Merit: 125
I saw the thread title and thought I was in Bizarro world.  Congrats!  Glad to here a positive story for once. Smiley
legendary
Activity: 2604
Merit: 1036
Well congratulations on your refund and it's better late than never Cool
legendary
Activity: 1820
Merit: 1001
2 years is really long for a refund, I did pretty much forget about it already. Lucky you Smiley

To be fair any refund from BFL is a milestone and getting it refunded on top of making some profit. The OP can now use them funds to 1 buy other equipment if looking to mine still 2 keep the coin and  just trade and make a better income than mining equipment can produce unless energy cost is fair and good amount of equipment. Nice to see you got a refund QuiveringGibbage
sr. member
Activity: 481
Merit: 250
2 years is really long for a refund, I did pretty much forget about it already. Lucky you Smiley
sr. member
Activity: 470
Merit: 350
BFL never delivered, so you got refunded. I were about to "buy" one of their small miners, then heard about their delays so preferred to go cloud mining. Now could mining has issues, it would have been better to just get refunded that loosing money like I did. In short: you are lucky bast*rd!
legendary
Activity: 3808
Merit: 1723
You made a profit because since April of 2013, the AUD/USD took a hugedown fall due to the strong USD
hero member
Activity: 617
Merit: 543
http://idontALT.com
haha cheers everyone Smiley

in no way is this post an endorsement for BFL. I'm sure they are doing refunds purely to please the courts. I am glad i can finally close this debacle and walk away on the + side. 

Cheers,
QG
full member
Activity: 238
Merit: 100
www.secondstrade.com - 190% return Binary option
Congratulations! Nice to know they are finally paying out . 5K$ is a big amount , and good that you got it back.
full member
Activity: 154
Merit: 100
Are they refunding everyone ?
full member
Activity: 224
Merit: 100
tl;dr Just got refunded in PP from BFL and made a $1kAUD off it.

No notice; I randomly logged into PayPal and saw $6kAUD in my account and went WTF? Details showed:
Code:
22 Jan 2015 Refund Completed ... $5,032.00 USD
 22 Jan 2015 Currency Conversion Completed Details -$5,032.00 USD
 22 Jan 2015 Currency Conversion Completed Details $6,053.55 AUD

when I originally purchased the 2 x BFL Singles 50GH/s in April, 2013 i only paid:
Code:
6 Apr 2013 Currency Conversion Completed Details -$5,025.22 AUD
 6 Apr 2013 Currency Conversion Completed Details $5,032.00 USD

so i made $1kAUD + they give me free cloud mining which made ~1btc. (altho i just remembered i paid 1.6btc to upgrade the order to a Monarch..)

Happy Days...
QG

Are they a good ASIC Company now?

No, stay away from BFL.

Ohh, Ok Smiley
Thanks again Zich :'3
full member
Activity: 223
Merit: 100
Lucky... You must be one of the only customers to hit ROI Tongue
legendary
Activity: 1190
Merit: 1000
tl;dr Just got refunded in PP from BFL and made a $1kAUD off it.

No notice; I randomly logged into PayPal and saw $6kAUD in my account and went WTF? Details showed:
Code:
22 Jan 2015 Refund Completed ... $5,032.00 USD
 22 Jan 2015 Currency Conversion Completed Details -$5,032.00 USD
 22 Jan 2015 Currency Conversion Completed Details $6,053.55 AUD

when I originally purchased the 2 x BFL Singles 50GH/s in April, 2013 i only paid:
Code:
6 Apr 2013 Currency Conversion Completed Details -$5,025.22 AUD
 6 Apr 2013 Currency Conversion Completed Details $5,032.00 USD

so i made $1kAUD + they give me free cloud mining which made ~1btc. (altho i just remembered i paid 1.6btc to upgrade the order to a Monarch..)

Happy Days...
QG

Are they a good ASIC Company now?

No, stay away from BFL.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
Are they giving refunds to people now or you're just a single lucky guy?
alh
legendary
Activity: 1846
Merit: 1052
The fact that one person got refunded, and made a small amount of money as a result of currency exchange and their holding his money for about 18 months hardly seems like BFL redemption to me. Also they do not have a competitive product in terms of price, efficiency, or hashrate.
full member
Activity: 224
Merit: 100
tl;dr Just got refunded in PP from BFL and made a $1kAUD off it.

No notice; I randomly logged into PayPal and saw $6kAUD in my account and went WTF? Details showed:
Code:
22 Jan 2015 Refund Completed ... $5,032.00 USD
 22 Jan 2015 Currency Conversion Completed Details -$5,032.00 USD
 22 Jan 2015 Currency Conversion Completed Details $6,053.55 AUD

when I originally purchased the 2 x BFL Singles 50GH/s in April, 2013 i only paid:
Code:
6 Apr 2013 Currency Conversion Completed Details -$5,025.22 AUD
 6 Apr 2013 Currency Conversion Completed Details $5,032.00 USD

so i made $1kAUD + they give me free cloud mining which made ~1btc. (altho i just remembered i paid 1.6btc to upgrade the order to a Monarch..)

Happy Days...
QG

Are they a good ASIC Company now?
legendary
Activity: 1190
Merit: 1000
Congratulation dude, you are very lucky Smiley
hero member
Activity: 617
Merit: 543
http://idontALT.com
tl;dr Just got refunded in PP from BFL and made a $1kAUD off it.

No notice; I randomly logged into PayPal and saw $6kAUD in my account and went WTF? Details showed:
Code:
22 Jan 2015 Refund Completed ... $5,032.00 USD
 22 Jan 2015 Currency Conversion Completed Details -$5,032.00 USD
 22 Jan 2015 Currency Conversion Completed Details $6,053.55 AUD

when I originally purchased the 2 x BFL Singles 50GH/s in April, 2013 i only paid:
Code:
6 Apr 2013 Currency Conversion Completed Details -$5,025.22 AUD
 6 Apr 2013 Currency Conversion Completed Details $5,032.00 USD

so i made $1kAUD + they give me free cloud mining which made ~1btc. (altho i just remembered i paid 1.6btc to upgrade the order to a Monarch..)

Happy Days...
QG

It gets better... Smiley

https://blockchain.info/address/14vrUKkLXcUNeT9wNR8shbE3ygALsMNwH7
Code:
Status: 21 confirmations
Date: 31/01/15 13:45
From: unknown
To: 14vrUKkLXcUNeT9wNR8shbE3ygALsMNwH7 (own address, label: ButterflyLabs - refund)
Credit: 0.72 BTC
Net amount: +0.72 BTC
Transaction ID: 87ebb4baccc6882daec45313406785914d20357cf8c181283a39b5139e3a6f6f-000

nfi what this 0.72btc refund from BFL is for...

I can't be the only one who got refunds: https://blockchain.info/address/38PEdxeoJUf12RTzg7Ay6Pu7kV7pqxHA1q

Even happier days..
QG
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