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Topic: R19X KnC Neptune *2 Paid for* 60Ghash/$225/0 Shares Open! - page 6. (Read 10393 times)

hero member
Activity: 756
Merit: 500
Since unless they ship asap I don't think we have a chance at roi so I vote refund if we can get it.
hero member
Activity: 574
Merit: 500
Not entirely clear the motivations for the refund are in everyones interests here. Bobsag3 is already doing refunds on the undelivered R17 (Black Arrow) but refunding the original BTC amount which is of course for most people worth considerably less now in dollar terms. I suspect bobsag3 is getting refunds in $ at the original value and pocketing the difference. Bobsag3 if i'm wrong I apologise, but please clarify, you have ignored the issue so far on other threads!

My assumption is that we would be sent the dollar figure in BTC at today's exchange rate. The cost of this group but was quoted in $ in the OP. Hence my comment about making a small BTC profit but not a dollar profit. This is not us requesting a refund, this is DZ winding up the GB and distributing the remaining assets. Those assets being the refund that the vendor provides to the co-op.

Bobsag3, can you please clarify this for us?

We would be taking a full $ refund from KnC (assumed since we only ordered 2), and using all of those funds to re-buy BTC at whatever the current rate it. So everyone would receive the same $ amount roughly they put in, but extra btc possibly.
Need to change your nick to honestbobsag3 Smiley
member
Activity: 112
Merit: 10

We would be taking a full $ refund from KnC (assumed since we only ordered 2), and using all of those funds to re-buy BTC at whatever the current rate it. So everyone would receive the same $ amount roughly they put in, but extra btc possibly.

That's exactly how I assumed it would work. Thanks.
sr. member
Activity: 317
Merit: 252
In Rarity I trust!
We would be taking a full $ refund from KnC (assumed since we only ordered 2), and using all of those funds to re-buy BTC at whatever the current rate it. So everyone would receive the same $ amount roughly they put in, but extra btc possibly.

+1

I support that, as I said, I am PRO refund (1 share)
hero member
Activity: 546
Merit: 500
Owner, Minersource.net
Not entirely clear the motivations for the refund are in everyones interests here. Bobsag3 is already doing refunds on the undelivered R17 (Black Arrow) but refunding the original BTC amount which is of course for most people worth considerably less now in dollar terms. I suspect bobsag3 is getting refunds in $ at the original value and pocketing the difference. Bobsag3 if i'm wrong I apologise, but please clarify, you have ignored the issue so far on other threads!

My assumption is that we would be sent the dollar figure in BTC at today's exchange rate. The cost of this group but was quoted in $ in the OP. Hence my comment about making a small BTC profit but not a dollar profit. This is not us requesting a refund, this is DZ winding up the GB and distributing the remaining assets. Those assets being the refund that the vendor provides to the co-op.

Bobsag3, can you please clarify this for us?

We would be taking a full $ refund from KnC (assumed since we only ordered 2), and using all of those funds to re-buy BTC at whatever the current rate it. So everyone would receive the same $ amount roughly they put in, but extra btc possibly.
member
Activity: 112
Merit: 10
Not entirely clear the motivations for the refund are in everyones interests here. Bobsag3 is already doing refunds on the undelivered R17 (Black Arrow) but refunding the original BTC amount which is of course for most people worth considerably less now in dollar terms. I suspect bobsag3 is getting refunds in $ at the original value and pocketing the difference. Bobsag3 if i'm wrong I apologise, but please clarify, you have ignored the issue so far on other threads!

My assumption is that we would be sent the dollar figure in BTC at today's exchange rate. The cost of this group but was quoted in $ in the OP. Hence my comment about making a small BTC profit but not a dollar profit. This is not us requesting a refund, this is DZ winding up the GB and distributing the remaining assets. Those assets being the refund that the vendor provides to the co-op.

Bobsag3, can you please clarify this for us?
hero member
Activity: 574
Merit: 500
Not entirely clear the motivations for the refund are in everyones interests here. Bobsag3 is already doing refunds on the undelivered R17 (Black Arrow) but refunding the original BTC amount which is of course for most people worth considerably less now in dollar terms. I suspect bobsag3 is getting refunds in $ at the original value and pocketing the difference. Bobsag3 if i'm wrong I apologise, but please clarify, you have ignored the issue so far on other threads!
full member
Activity: 126
Merit: 100
I'll go for 2 shares sell or refund, whichever higher
sr. member
Activity: 317
Merit: 252
In Rarity I trust!
Seeing the diff.... Please sell\refund

1share
sr. member
Activity: 245
Merit: 250
refund as well. thank you
member
Activity: 112
Merit: 10
If we can get a prompt refund from KNC in BTC at today's rate then we make a small BTC profit (no cash profit). I vote for this as long as DZ don't charge the 1.5% "restock" fee. This is not co-op members requesting a refund from DZ, it is the co-op winding up the GB.
sr. member
Activity: 462
Merit: 250
Lux e tenebris
if we can get btc refund while dollar is high, let's do it

2 shares refund
hero member
Activity: 546
Merit: 500
Owner, Minersource.net
Could we please have a bit more information on what prompted the refund poll?

It's hard to make an informed decision without any relevant information.

KnCs "plan B" + the recent difficulty + timeline on receiving the item.
I personally dont care, but I think we can actually get more BTC returned than paid, due to the current exchange.
hero member
Activity: 574
Merit: 500
Nothing more irritating than going into a group buy thread with a title that says "OPEN" to find it's sold out! Update the title please.
member
Activity: 112
Merit: 10
Could we please have a bit more information on what prompted the refund poll?

It's hard to make an informed decision without any relevant information.
full member
Activity: 126
Merit: 100
lot of fud in the knc thread after this announcement: https://www.kncminer.com/news/news-75

clear as mud.

I must me missing something or extremely gullible. To me it looks like development is on target, they have a way of compensating for any slippage, and performance is generally better than expected.

That... seems OK to me?
sr. member
Activity: 462
Merit: 250
Lux e tenebris
lot of fud in the knc thread after this announcement: https://www.kncminer.com/news/news-75

clear as mud.
full member
Activity: 126
Merit: 100
Can you summarise why we might want a refund? I've probably missed the news... Have they slipped, or are we just looking at the current diff and not seeing much profit to be had?
hero member
Activity: 546
Merit: 500
Owner, Minersource.net
Going to go ahead and bump this, and bring a vote to order.

Want to check with everyone if we want to proceed with a refund on this.

We can either:

Sell the 2 preordered KnCs (we are very very much at the front of B1 Q)
Ask for  Refund from KnC, either in BTC or USD (they seem to be doing both)
hero member
Activity: 574
Merit: 500
The following rounds will have a hold placed on transfers, this hold means no transfers will be completed until the hold is lifted.

R17
R17-2
R18
R18B
R19

This hold is being placed because a few addresses are still needed and a constant change in the spreadsheet can cause problems.

If you are a shareholder in one of these rounds and have not provided a payout address you will be receiving an email this weekend requesting one please reply to it immediately, if you purchased in multiple of these buys you will get one for each you must reply to each email you receive.


ENSURE YOUR REPLY HAS THE ORIGINAL EMAIL IN IT.
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