Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s

Just a quick question... I paid in bitcoin, IF I were to request a refund would I get back $6000 worth of btc or just my btc back? Seeing as the recent price drop and all....

According to minersource, you would only get back the same number of coins you paid. So, you'd lose a lot of the value. Now, if the value of bitcoin was much higher right now, I think they'd probably be more than happy to give you back less coins to adjust for the current value. It's a lose-lose scenario.

WTF, is that true? I haven't written a single bad word about BA/minersource but if this is true it's that's just a scam by bobsag3. What a scumbag

Refunds in BTC are the best way to go. You gave someone 2 BTC, your refund should be 2 BTC.

Yes, but that's not the case. You think bobsag3 would refund your btc if they were worth 2k?

I have no idea if he would. He should. These companies shouldn't be treated as currency exchanges. You buy in dollars you should be refunded in the same dollars. You buy in BTC you should be refunded in BTC.

That'd be fine if the BTC price they charge was static; instead, it fluctuates with the current exchange rate. So... they're basing it off of the dollar when they decide how many BTC to charge you.

This is a problem with no clear solution for if they refunded you in dollars today and btc goes to $1000.00/btc tonight some people will be pissed they weren't refunded in btc. The hashfast thread has the reverse situation where customers want refunds in btc and hashfast is talking about refunding them in dollars and the customers are pissed about that because btc was $50-100 when they bought their machines.