Once again... Total Bullshit. I JUST got a refund on a Neptune.
Here's a DIRECT QUOTE from yesterday's e-mail ... "No problem at all, the decision is always on you hehe, we promise refund up to shipment."
And You are saying you had "Massive losses" out on a KNC purchase?
I think you may be in a "league of your own" there.... like the only one.... congratz
He's not the only one though, I am still down 20btc from my initial investment in my October miner due to 3 week late delivery (end October).
In fact, if BTC price had not risen exponentially, then almost no one would have recovered their investment at this point.
Edit: Let me add that if I had gotten a refund at that point, I would have been down even more BTC. It was my bad decision to pay in BTC, but hindsight is always 20/20.
The machines are priced in U.S. dollars, not BTC. Can you imagine if it was?
BTC is the medium used to convey the U.S. Dollar value at the time of purchase.
You as a miner have 2 choices...
1. Mine & hold
2. Mine & sell
either of which should be showing net profit by now when compared to the $ cost of the miner.
Not having 20 BTC is a useless point, as it doesn't reflect your purchase, you purchased a machine, which was paid for in US Dollars, weather you used btc or not.
and if i'm not mistaken, weren't Octobers were done shipping by the 15th?
I was the first official paypal order on june 2nd.... and yeah, I was promised a September shipment, but got October instead...
about 2 weeks late... Which I consider spectacular!