Can't have it both ways.
If they refunded fully in either dollars or BTC they could be milked as an speculation device with guaranteed profit.
Their costs are in dollars so you cannot expect anything else as a refund really.
Topic: WOW! Becoin failed to read and comprehend BFL's policy on BTC refunds - page 13. (Read 35835 times)
January 17, 2013, 08:26:15 AM
January 17, 2013, 08:24:39 AM
January 17, 2013, 08:23:05 AM
You can get a $ refund, correct?
January 17, 2013, 08:22:06 AM
Obviously, they don't have enough bitcoins and are processing only partial refunds. They have speculated and sold large part of the bitcoins they got from their customers as "pre-orders". They were wrong expecting a lower bitcoin rate, however. This is why bicoin/$ exchange rate will now continue to rise as they need to buy bitcoins to make even partial refunds!
PS
The original title of this thread was: "WOW! BFL refuse full bitcoin refunds."
However, using his moderator privileges gmaxwell decided to change it to match his own preferences.
Go on, gmaxwell. Mock at other forum thread you don't like!
To help you avoid partial bitcoin refunds by some ASIC startups, here is a short manual I've compiled for you:
https://bitcointalksearch.org/topic/purchasing-bitcoin-asics-the-manual-136615
PS
The original title of this thread was: "WOW! BFL refuse full bitcoin refunds."
However, using his moderator privileges gmaxwell decided to change it to match his own preferences.
Go on, gmaxwell. Mock at other forum thread you don't like!
To help you avoid partial bitcoin refunds by some ASIC startups, here is a short manual I've compiled for you:
https://bitcointalksearch.org/topic/purchasing-bitcoin-asics-the-manual-136615
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