Quote from: HashFast_CL on March 13, 2014, 08:41:44 PM

Bad analogy. HashFast ASICs are not made out of sized Bitcoins. Bitcoins payed to HashFast were instantly changed into USD by BitPay.

I, and many other people, did not pay you via Bitpay. I specifically raised the issue of some past vendors apparently taking funds waiting for the price of Bitcoin to rise and then "refunding" the past USD value (or otherwise, if the price did not rise acquiring product) and was assured that hashfast would protect against this, a commitment which was later supported in HF's contract, and public communications by your representatives here.

This and other now apparently empty commitments like an October delivery and actually useful MPP made HashFast's 4-5x high price per GH than CoinTerra's still seem remotely competitive. Without these representations I (and I assume many others) would not have purchased at all and certainly not at your prices, so much so that people sought out to double and triple confirm them directly with your staff and founders. Considering your claims (backed up by documents filed with the state) of being funded by investors and not pre-orders the prospect of you holding coins (or other methods of hedging) to make good on refund promises seemed completely realistic.

The specific coins I paid you ended up at https://blockchain.info/address/1KFrqkEGy6Yq7X4SYCbYoj8HEwfbWVUDJ9 which is not under Bitpay's control.