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Topic: WOW! Becoin failed to read and comprehend BFL's policy on BTC refunds (Read 35862 times)

hero member
Activity: 840
Merit: 1000
Also, as far as I know, BTC isn't considered legal tender anywhere. 
Ah, this is something new... So, paying in bitcoins is illegal?Shocked

So, using a dictionary is apparently not your strongest point?
 Undecided
KWH
legendary
Activity: 1904
Merit: 1045
In Collateral I Trust.
I wish to present you with a question that I have previously asked, but have not received an answer to yet.
You've been answered. Apparently asking questions is much more important to you than reading the answers.

You're a bit special aren't you?!?
Yes, I am. But there are many like me. Vires in Numeris, remember?


Either sue them or STFU. Enough already. You should be embarrassed to keep posting drivel on a topic you lost your ass on.
hero member
Activity: 840
Merit: 1000
but nearly no company would do this as their expenses are in usd (at least for now). to much risk for them.
Simple. Such companies should not accept bitcoin payments and claim they are part of the bitcoin community!

LOL Then there would not have been any ASICs, stupid!
You cannot buy any of the equipment to make ASICs with bitcoins so according to you they should not have tried in the first place.
You propose an idiotic form of financial exclusionism that would instantly crash bitcoin.
Bitcoin, as it is at the moment, is fully dependant on the fiat economy.
Without the fiat economy there would be no computers, there would be no power stations and bitcoin would not be there.
So i'm not sure WTF you are talking about but there is just no way to separate bitcoin from the rest of the economy. It is a stupid fantasy.
legendary
Activity: 3431
Merit: 1233
now everybody is distracted by the rally
Wow. BFL's debt to their customers that purchased ASICs in bitcoins is growing everyday!
legendary
Activity: 3431
Merit: 1233
I wish to present you with a question that I have previously asked, but have not received an answer to yet.
You've been answered. Apparently asking questions is much more important to you than reading the answers.

You're a bit special aren't you?!?
Yes, I am. But there are many like me. Vires in Numeris, remember?
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
becoin you got your share of shame, now everybody is distracted by the rally and can't pay attention to you.
Come back later.

kthxbye
KWH
legendary
Activity: 1904
Merit: 1045
In Collateral I Trust.
Also, as far as I know, BTC isn't considered legal tender anywhere. 
Ah, this is something new... So, paying in bitcoins is illegal?!  Shocked



hero member
Activity: 896
Merit: 532
Former curator of The Bitcoin Museum
Also, as far as I know, BTC isn't considered legal tender anywhere. 
Ah, this is something new... So, paying in bitcoins is illegal?!  Shocked

I wish to present you with a question that I have previously asked, but have not received an answer to yet.

You're a bit special aren't you?!?
legendary
Activity: 3431
Merit: 1233
Also, as far as I know, BTC isn't considered legal tender anywhere. 
Ah, this is something new... So, paying in bitcoins is illegal?!  Shocked
legendary
Activity: 3431
Merit: 1233
3. Once you agree to this offer, the situation is: (a) BFL has the obligation to ship the product to you and (b) you have the obligation to transfer USD 1,387 to BFL
The situation is:
I had the obligation to transfer bitcoins, not dollars! In contrast to your frivolous interpretations I have given you a proof; screenshot of the BFL's invoice clearly showing price in bitcoins as well, AND instructions where to send bitcoins! If I had the obligation to transfer dollars they should have pointed me their dollar bank account! But they didn't. They wanted me to transfer EXACT amount in bitcoins to their specific bitcoin address!
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
Did someone hire this guy to keep us entertained or what? Whew! Next time I want a balloon clown at this children's party, or maybe a pirate.
hero member
Activity: 896
Merit: 532
Former curator of The Bitcoin Museum
since USD is declared legal tender and can therefore always be used to repay any debt in the US.

Also, as far as I know, BTC isn't considered legal tender anywhere.  So that fucks up the whole argument anyway  Cool
newbie
Activity: 25
Merit: 0
This has been answered many times os far... How many times I have to explain this to every idiot? Do I have to make a FAQ section about what is the difference between paying in bitcoins and paying in fiat with a credit card?

https://bitcointalksearch.org/topic/m.1452436

First, I don't really like to be called "every idiot". But hey, that's how you get called on The Interwebz when you're right, nowadays.

Anyway, what happens legally:
1. The website advertises a product and puts a price on it: USD 1,299
2. You click the "pre-order" button and go to a page to perform a pre-order. You can select quantity, shipment and payment method; at the bottom you see the grant total of USD 1,387 which is an offer for a deal the company is doing
3. Once you agree to this offer, the situation is: (a) BFL has the obligation to ship the product to you and (b) you have the obligation to transfer USD 1,387 to BFL
4. To fulfill your part of the deal, you choose to send a certain amount of BTC that is equals to USD 1,387 at the time of payment; BFL accepts this as payment to fulfill your obligation and the new situation is: (a) BFL now has the obligation to ship the product to you and (b) you have no obligations anymore
4. Now, when BFL fails to ship the product in time, you have the right to annul the voidable contract; doing so changes the situation to one where the product should stay or return to BFL and the USD 1,387 should stay or return to you; since you've already fulfilled your part of the contract, this should be reversed and therefore the new situation is: (a) BFL has the obligation to transfer USD 1,387 to you and (b) you have no obligations to BFL under this contract

BFL must now transfer USD 1,387 to you. Said in another way, they have a debt with a value of USD 1,387. They can offer you an amount of BTC, probably with the current exchange rate, and you accept those as repayment of the debt, the case can be closed. If you deny, BFL probably offers to transfer USD 1,387 to repay the debt. You're not allow to deny this offer, since USD is declared legal tender and can therefore always be used to repay any debt in the US.
hero member
Activity: 896
Merit: 532
Former curator of The Bitcoin Museum

HERPA DERP. A HERPY HERPY DERA DERP

DA HERP A HERP?

What a fantastic argument you have presented me with.  I shall ponder on it and provide you with an answer later this week.
legendary
Activity: 3431
Merit: 1233
When I go to Amazon.com and I order stuff, their prices are in USD. Now, since I live in the EU and Amazon.com is a nice company, they give me the option to pay in EUR instead of USD.
This has been answered many times os far... How many times I have to explain this to every idiot? Do I have to make a FAQ section about what is the difference between paying in bitcoins and paying in fiat with a credit card?

https://bitcointalksearch.org/topic/m.1452436
newbie
Activity: 25
Merit: 0
When I go to Amazon.com and I order stuff, their prices are in USD. Now, since I live in the EU and Amazon.com is a nice company, they give me the option to pay in EUR instead of USD. However, the deal we made has always been in USD, so when I ask for a refund, the amount I get in EUR most probably is not the same. If I don't want this risk, I should buy forex options.

What's happening with BFL is exactly the same. They price their stuff in USD and because they're a nice company, they allow anyone the option to pay in BTC. However, the deal will always be in USD and therefore refunds in BTC most probably differ in amount.

For people doing international trade, what's going on here is logical. For people that are not used to trading in more than one currency, this may feel like cheating.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Did Becoin go to court yet?  Sue them, nobody likes BFL. You'll be a hero here. In small claims court you don't have a need for a lawyer, not even BFL have lawyers, they have to send an employee (although that employee might also be an attorney) but come on, do it asshole!

Becoin might even have a chance to win this one. Just imagine said employee is someone named Josh and his first statement will be: "Your honor,  I can't understand you over your fucking stupidity ...".  Grin

omg I actually LOLed on that one.  Cheesy
hero member
Activity: 1162
Merit: 500
Did Becoin go to court yet?  Sue them, nobody likes BFL. You'll be a hero here. In small claims court you don't have a need for a lawyer, not even BFL have lawyers, they have to send an employee (although that employee might also be an attorney) but come on, do it asshole!

Becoin might even have a chance to win this one. Just imagine said employee is someone named Josh and his first statement will be: "Your honor,  I can't understand you over your fucking stupidity ...".  Grin
full member
Activity: 238
Merit: 100
Did Becoin go to court yet?  Sue them, nobody likes BFL. You'll be a hero here. In small claims court you don't have a need for a lawyer, not even BFL have lawyers, they have to send an employee (although that employee might also be an attorney) but come on, do it asshole!
KWH
legendary
Activity: 1904
Merit: 1045
In Collateral I Trust.
Have you seen them advertise in BTC prices ANYWHERE? (i mean advertise, not tell you what the exchange rate is at time of purchase)
Why doesn't becoin read before he posts 100 times the same stupid, idiotic argument? Its troll argument has been answered and  LACK of proof shown 100 times!

https://bitcointalksearch.org/topic/m.1460393

FTFY
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