Like watching a train wreck, i just cant turn away. Are people really this fucking stupid, if you are out of 4 figures i would be filing for legal action weeks ago.
Funniest thing I have read in this thread!
Legal action, oh c'mon guys TH just had some bad breaks, they will come through...keep the faith!
Longer we wait the chances of us ever getting anything back dwindles.
he placed his house for sale in late july. Just about when people started asking questions regarding the product development status.
Sadly i think it will be a hard legal action for some. If you paid in bitcoins specifically. And if i was Amir i know i would have a lawyer on hand ready.
You have to guess hes been expecting this, and is either ready or getting ready. And I still think many will be sad with it being a Inc. I think chances of him messing it up where you can get personal assets are slim (others will disagree). But i think end of day TH will go out, legal action will happen. Those that paid in a form of cash (paypal, creditcard, wire transfer, etc) will get whats left in TH banks and assets. And will be interesting to see ones that paid in BTC what happens.
The only problem will be getting money back that TH no longer has or is hiding. If you didn't pay with a Credit Card or PayPal you might have to take legal action.
I already have 100% funds charged back to my account CC and PayPal. TH can challenge it but they will lose. They have no product anywhere in site, no hosting in site, and I no longer want the product, as it is all but useless due to difficulty.
TeraHash lies almost every time they post or talk. A few examples for those with short memories.
I was emailed and told by TeraHash. "Because you already have an account set up on our website you will be able to order our Asics for 24 hours before the general public". But that wasn't true. Anyone that ordered was able to order right away. I ended up #760 even though I ordered in the first 30 minutes.
TeraHash said they weren't going to take pre orders and then shortly took them. And with part of the pre order money, rumored to be used as a refund to Cloud Hashing. (A company that sells shares of hashing power).
Later discovered. They baited and switched on their return policy. Screen shot taken for proof. They went from "you can get a refund at any time before we ship the unit to you". To " all sales are final. We are not responsible if Avalon doesn't send the chips in time".
I called them. Their representative told me on the phone that I was in the first batch, even though my order was # 760? Also told me the Avalon chips wouldn't be a problem as they could easily obtain them from other venders if needed.
They claimed all they needed was Avalon Chips. Claimed to have the Klondike hashing. Yet they received some chips from a customer, he has never heard back from them for a long time. They claimed all orders would be done within 2 weeks of Avalon chips but failed to deliver 1 order?