Post
Topic
Board Hardware
Re: Liquid Synergy Designs Inc. -ASIC mining hardware
by
Stringchains
on 19/11/2013, 02:30:20 UTC
SB made it VERY clear that everything was paid for in $USD, BTC was simply the transfer medium. It's on your invoice, it's on your LiquidSynergy account, it's in the opening post, it's everywhere. Refunds will be in $USD for the same amount and will be transferred back via. BTC. The BTC price spike is making people illogically hopeful. Is it true that SB's delay in refunds has "cost you money"? Maybe, if anything you can be upset about the delay, (or his non-communication, or his poor choices), but you're disillusioned if you think you're getting back the amount of BTC you paid.
I'm sure he converted it all to USD at the beginning even though he didn't need to pay for shipping right away.  If he didn't and the BTC price dropped then he wouldn't have enough to pay for shipping when time came.

The only time for him to convert, and most especially demand our payment of bitcoin for shipment or assembly is when the fully assembled items are actually being shipped or are readily capable of being shipped; and for assembly, only for when the products are exactly ready to be put together, or are in the current process of being assembled.

The bitcoin rising or dropping in $USD value is irrelevant:

We trade him bitcoins to build machines; as long as we get those machines as intended, even if those bitcoins went up to $1million ea. or down to ¢5cents ea., we received exactly what we traded for them, and what happens to those bitcoins after that is absolutely trivial--both parties received what they traded for.
 
The bitcoins going up or down in price is absolutely impertinent, we have nothing to do with fulfilling what Steamboat is to do for us once trading him our bitcoins. If they go down to ¢5cents ea., then that is money out of his pocket (that he must dreadfully spend to complete the trade, or possibly simply not spend, and quietly, though embarrasingly give up his trade proposal by confronting and telling his associates, and honestly returning their bitcoins) as he completes (or gives up) whatever it is that he must do for us in return for what we traded to him; If they go up to $1million ea., then that is money into his pocket (of which he doesn't have to return a single fraction of a penny, enjoying his risky success of becoming a millionaire before the very likely-to-be jealous eyes of those who traded with him) as he completes whatever it is that he must do for us in return for what we traded to him.

Otherwise, he is not to even touch or look at that which he needed for us to trade to him in advance; just as someone shouldn't lay a finger on an orange traded in advance for a couple of bananas still yet to be found, if ever to be found. The orange sitting on his table is only a figment of his imagination until the task is completed; only then, has he the right to take the orange as possession of his own to liquidate, manipulate, and/or exploit.

The bitcoins are to be returned in the exact condition/amount upon the event of a party's failure to do what the bitcoins were traded/intended for.

An unsuccessful trade is not rightfully justified without pristine, untouched, exact return of the object(s), item(s), or commodities.


10 BTC traded for assembly = 10 BTC returned for failed assembly