Post
Topic
Board Hardware
Re: 750 GH/s - 3TH/s Miners from $3565 - www.bitcoinultra.co.uk
by
nottm28
on 09/03/2014, 23:01:40 UTC
NO paypal, BTC, or Amazon payment (whatever that is)....I guess they went over their paypal limit or have been reading this thread

Indeed - note of caution - removal of payment methods is a classic...

So as I understand it people like myself and others here use paypal and Ccards to buy these miners. If scam then who is the target ? If the Paypals been removed and they don't accept btc or anything other than CC then it stands to reason the target is those purchasing with CC.

Or has anyone here been paying over the phone and we don't know about it ?



For me I think you are OK V4Vendettas since you paid CC. The possible scam is that you were a 'test' payer where they accept a few CC/paypal payments, gain feedback and trust, then switch to BTC only payments. You'd be CRAZY to send BTC direct unless they become WELL established.

For you, you have the comfort of being able to phone your credit card company and getting your money back - albeit with a pile of hassle - and no miner.

For others, the risk is that they 'buy in' based on a few success stories and lose their coins. Still could be a legit company, that website is no small effort.

Yea I had considered that an option but as far as I can see they have not accepted btc from anyone ( jump in anyone and tell us if thats not the case) .  At this stage it seems like a lot of effort to go to just to abuse the credit card information they have from us. Does not make sense unless I'm missing something.

Ofc if the next step is btc payments come on-line yea don't touch it until the rest of us actually see some hardware.

Well, if it is a simple credit card number grabbing exercise then you are protected from that too by your CC company - by UK law. You'll be able to make a credit card 'charge back' and the recipient will not receive the funds (unless you acted in a 'wreckless' way - which is unlikely and also a bit vague under UK law). Although you are then exposed to the potential of ID theft for other purposes.

Let's see if your miner arrives (and if they change to BTC only payments etc) - I am hoping this company is good to go - no import taxes if so...