this is knc's position dumb thou it may seem..i completely agree with you ..the knc forums were full of this you are a business hooey...
that is why they have the class action hopefully they will win their odds are quite good imho
i myself got a 2nd used titan and it roi'd and with LTC and the btc price etc I'm well into the black now ...so i'm over the hump ..way over even with electric from oct 2013 from my 1st jupiter btc miner till the end of this month and may still have 9 months on these titan(s) so i'm already in the black on equip elec lifetime so far ..no class action risk needed for me imho
I just could not get fired up enough to give the class action lawyer's $1,519 usd and a bond and POTENTIALLY imho ..i say again imho ...lose maybe up to another 5K total with fees if KNC WINS.....don't know enough about swedish law that KNC keeps harping on etc ...I'm out of the hole so not in the class action as a result
so coward that I am... I will take my above way of creeping sideways into the black on my prev 1 year ago pre-order Titan silliness and call it square and move on
but again best of luck to those in the class action who have a tougher choice and not in my easier (and dumb luckier) situation .hopefully yet....anyway
but yeah I never could believe that KNC can get away with this crap in a Swedish court of law......but I'm in the black now...so will watch from the sidelines
this is the group actions main point as well from what I understand. KNC just CAN'T say you are a business to get around EU or other personal protections on or swedish consumer law by saying such
them KNC folk are weird as f*ck imho ....megalomania is rampant imho
It's not even about cowardice. Such a process is a lot of hassle. If you don't have the time or energy it makes sense to just move one. Concentrating on mining bitcoin is much more positive, and may very well be more lucrative in the end. But those who take the plunge have my respect, that's for sure.
well w/o luck and this 2nd titan that roi'd and of course this price rise....well even w/o the price rise....I probably WOULD HAVE signed up for the knc class action suit..I was that pissed at KNC..but prudence in that I'm in the black and even if LTC price or BTC or other goes down again ..I still likely have 6-9 months on these titan(s) due that I have 2 even after the halving...
so yeah if looking even at these prices now..the good old 2 dead die orig 4 month late titan ...and 2 months late with firmware that did not work for alts or very well for LTC for first 2 months either I likely would have jumped into the class action
but just have had too much drama with all this...5 months ago someone said i could break even on my btc and knc stuff i'd have jumped on it ..so keeping that in mind and in the black and likely to stay there even with a price adjustment down in btc and knc ..best to move on
sometimes a draw is a win..in this case .it is damn lucky to get that with those knc clowns imho
but yeah I hope the class action cleans up I will cheer from the sidelines