The more BTC grows, the latter we will see anything, there is nothing we can really do about it. My 5BTC trowaway-lawyer found is now worth 2000$...
Why not start the arbitration process? You are bound by it anyways and it's less then $2000This. You agreed to arbitration in the TOS. A judge sees that and he is going to throw your case out of court a long with a big lecture on following the terms of your contract which means arbitration first. Any competent counsel will tell you the same thing, of course they will charge you $300/hr for the exact same advice.
Just because hashfast (or BFL) puts something in its ToS, doesnt mean its legally binding. For instance:
No written contract for the sale or purchase of consumer goods, entered into on or after the effective date of this section, to which a consumer is a party, shall contain a mandatory arbitration clause.
..
The provisions of a mandatory arbitration clause shall be null and void.
http://codes.lp.findlaw.com/nycode/GBS/26/399-c
No written contract for the sale or purchase of consumer goods, entered into on or after the effective date of this section, to which a consumer is a party, shall contain a mandatory arbitration clause.
..
The provisions of a mandatory arbitration clause shall be null and void.
http://codes.lp.findlaw.com/nycode/GBS/26/399-c
So, what should i do? Start the arbitration process or not?
Are there better ways to trow away that money? (other than on google adwords against hashfast?)
@puppet, i'm interested in hosting in Iceland. Actually, i already have the contract signed! Maybe if/when the MPP will trigger, we will see. It's anyway some better spam that those ugly signatures. (John designed them, it could't have been otherwise).
Here's what you should do
1. Wait for delivery until the guaranteed delivery date (Dec 31)
2. If no delivery by then, request a refund per the ToS
3. If no refund, start the arbitration process per the ToS
4. STFU and stop whining just because you are too immature and poor to handle playing the risky game/experiment you signed up for
Also, hosting in Iceland? Really? Have you even been to Iceland? It's nothing but stinky geysers, stinky fish, and stinky Eskimos!
Stay in school kid. Lay off the hopium, and your ennui-inducing pipe dreams will cease.
