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Topic: What's up with KNC Miner? {Video} (Read 1058 times)

legendary
Activity: 1330
Merit: 1000
Bitcoin
October 27, 2014, 08:43:11 PM
#8
Hey guys it's Jason and I'm here with an explanation video talking about the recent news with KNC miner Smiley
http://youtu.be/Lf7pQjAe-A0

Wow.....great video!  Grin
sr. member
Activity: 418
Merit: 250
October 27, 2014, 08:38:53 PM
#7
yea it's pretty upsetting
legendary
Activity: 1024
Merit: 1004
October 26, 2014, 08:49:30 AM
#6
yea, it's sad that they used our preorder money for research and now that the product is here they decide to stop selling

It's worse than that -- it's out right theft and fraud.  They took our investment money and have enriched themselves for it.

Not only NOT delivering on their consumer obligations, but are essentially stealing the funds that gave them the ability in the first place and will continue to reap rewards.

Our attorney has relayed that KNCMiner is pretending that they were not selling to consumers but to businesses and therefore should not be held to the EU directives and protections afforded us.  I absolutely paid for my pre-orders PERSONALLY and they were to be delivered to my home address. 

https://www.cryptocoinsnews.com/knc-class-action-investigation-into-knc-miners-mischief/

sr. member
Activity: 418
Merit: 250
October 26, 2014, 07:44:02 AM
#5
yea, it's sad that they used our preorder money for research and now that the product is here they decide to stop selling
sr. member
Activity: 369
Merit: 250
October 24, 2014, 04:10:10 PM
#4
It's a shame that 50% of all the bitcoin mining companies have either been outright scammers or turned to blatant theft from their customers.

It's because of us that they even exist, but they act like we are the drain on them.

Oh well... just more proof that greed corrupts everybody.

Quite sad indeed. It's not just the mining companies involved in BTC too scanning customers. You can throw most exchanges in there as well. And a considerable number of old-time members on this forum too.
legendary
Activity: 992
Merit: 1000
October 24, 2014, 03:36:32 PM
#3
It's a shame that 50% of all the bitcoin mining companies have either been outright scammers or turned to blatant theft from their customers.

It's because of us that they even exist, but they act like we are the drain on them.

Oh well... just more proof that greed corrupts everybody.
legendary
Activity: 1024
Merit: 1004
October 24, 2014, 01:46:13 PM
#2
So they have taken our investment money, enriched themselves by mining with it, and now they want to do it going forward as a business model?

WTF!  They owe us a slice of that action going forward since we paid for that capacity and business model.

As far as I'm concerned everyone who paid into the vaporware hardware are INVESTORS in that business plan and they damn well better start kicking out dividends on that investment.
sr. member
Activity: 418
Merit: 250
October 24, 2014, 01:34:48 PM
#1
Hey guys it's Jason and I'm here with an explanation video talking about the recent news with KNC miner Smiley
http://youtu.be/Lf7pQjAe-A0
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