Quote from: cypherdoc on August 09, 2013, 04:25:04 PM

Quote from: Bitcoinorama on August 09, 2013, 04:21:40 PM

Quote from: cypherdoc on August 09, 2013, 04:14:20 PM

Quote from: Bitcoinorama on August 09, 2013, 04:01:28 PM

I Interpreted it as illegal, which is what it is. It was more a case of I would remove that if I were you, especially if you, by your own declaration are the spokesperson of a company.

why is it illegal?

Quote from: cypherdoc on August 09, 2013, 04:55:29 AM

i never intended to order that many as a whole simply b/c i was playing the Ms. Fickle game of hedging my bets across multiple companies fully intending to cancel all but one order with whom i deemed the winner in my orderbook in the end. so i artificially inflated the internal expectations at both these companies about what the demand was going to be going forward.

Irrespective of whether a company offers a no quibble guarantee you enter a contract of sale which for goods in the US is governed by the Uniform Cmmercial Code;

http://en.wikipedia.org/wiki/Uniform_Commercial_Code

so now you're a lawyer? you throw up a wiki page as if that's some kind of proof.

amex doesn't seem to have any problem with it.

paypal and multiple cc companies don't seem to have any problem with chargebacks in general for even items that get delivered as many ppl around here have discovered even after they sold various Bitcoin related items.

No, it comes under Article 2, the 'Sales of Goods' in The Uniform Commercial Code.

"A contract of sale is a legal contract an exchange of goods, services or property to be exchanged from seller (or vendor) to buyer (or purchaser) for an agreed upon value in money (or money equivalent) paid or the promise to pay same. It is a specific type of legal contract."

Refunds may be offered without reason at the discretion of those selling out of goodwill, but that goodwill is not to be abused when it involves procuring and assembling components with the funds raised.

If a carpenter built you handmade bespoke furniture at your request with a down payment and prior to him delivering on your mutual agreement, you revoke the contract, do you honestly think he has no legal recourse??

This is getting absurd and has nothing to do with Hashfast in their thread, and you certainly shouldn't be broadcasting such practice as acceptable, so stop it. Currently you're doing them no favours.