Post
Topic
Board Securities
Re: bASIC REFUND RECEIVED & NEWS STREAM
by
OgNasty
on 14/03/2013, 06:28:56 UTC
Thanks you for the update! But about the refund, it's only a 80% USD refund, so are we expected to receive more in the future? And if so will it only be a maximum of a 100% USD refund or could/should it be a a 100% BTC refund, if bASIC kept their funds in BTC?
I've kept up on the bASIC situation and I think we should be happy that we got an 80% refund.  The fact that we have now received a BTC38 refund is all I know.
But didn't bitcoin/usd increase a lot more than 20%? Was it 80% using the rate at the of payment or 80% now? If it's the latter, then props to cablepair.

We spent a total of BTC177.86 which at the time was worth $2,198.00.  We received a BTC38 refund which is currently worth $1,818.30.  Definitely not the way I would have liked to see things go, but it gives us a good head start towards ordering 2 more Single SCs from Butterfly Labs.