The only reasonable interpretation is that the "refund in BTC" clause always meant "USD purchase price equivalent in BTC." Ask any attorney with even a vague notion of contract law.
You have a very active imagination. Let's look at the actual wording.
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The answer is if you buy Baby Jet for 51 BitCoins today and it does not ship, you will be refunded the 51 BitCoins you paid.
There is no way you can construe that to mean USD-equivalent. None. That is 100% clear. Full BTC refund.
That's merely a post on an internet forum, not binding "actual wording" from the relevant TOS.
It also assumed BTC would remain in the ~$100 trading band, not spike to $1000. What if BTC had fallen to $1 or risen to $1,000,000? Now do you see how silly the argument you are making is? Of course you don't, because that would require setting aside your greed and being rational for a change.
The first clue that your interpretation is absurd is when we find it leading to ridiculous demands for outrageous windfalls, or (in the case that BTC had went down) justifying refunds of less than the purchase price.
This issue was argued to death months ago. Why are you bringing it up again now, when it is meaningless wailing and gnashing of teeth?
I guess you've never heard the phrase "DYODD." The law w/r/t mail order refunds is clear and settled. Do you just like to whinge about stuff you can do nothing about?
Ice,
I did my owm due diligence. the 51 btc statement is not just a post on the forum. it comes from an email thread between me and HF with the subj refund policy. I specifically asked that question and they gave me a specific answer BEFORE i ordered. 4 babyjets
Philip, the initial buy in was something like 1.55 BTC, not .6 BTC...
While I agree that $200 is not THAT MUCH, when HashFast started this out, they were leaning toward full BTC refunds, one person even has an email where HashFast got back to him (after a short delay, to go up the chain) saying that refunds paid in BTC would be in full...
Plus stuff like this...
https://bitcointalk.org/index.php?topic=262052.msg4213062#msg4213062
Plus you had cypherdoc mention that (at least HE thought,) they were holding all the BTC until the end of the year in the event that they did not deliver:
https://bitcointalk.org/index.php?topic=270363.msg2894478#msg2894478
I'm not saying there is all that much basis for a legal battle, but..."wtf" kind of comes up in the head.
While I agree that $200 is not THAT MUCH, when HashFast started this out, they were leaning toward full BTC refunds, one person even has an email where HashFast got back to him (after a short delay, to go up the chain) saying that refunds paid in BTC would be in full...
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Fri, 16 Aug 2013 16:38:36 -0700 (PDT)
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Hi Jim,
Thank you so much for your patience while I got the answer for you, I greatly appreciate it.
The answer is if you buy Baby Jet for 51 BitCoins today and it does not ship, you will be refunded the 51 BitCoins you paid.
I hope that helps and hope you have a good weekend!
Thanks,
Cara
Fri, 16 Aug 2013 16:38:36 -0700 (PDT)
X-Received: by 10.236.45.102 with SMTP id o66mr196684yhb.13.1376696316262;
Fri, 16 Aug 2013 16:38:36 -0700 (PDT)
Return-Path: <bitpaysupport@hashfast.com>
Hi Jim,
Thank you so much for your patience while I got the answer for you, I greatly appreciate it.
The answer is if you buy Baby Jet for 51 BitCoins today and it does not ship, you will be refunded the 51 BitCoins you paid.
I hope that helps and hope you have a good weekend!
Thanks,
Cara
Plus stuff like this...
https://bitcointalk.org/index.php?topic=262052.msg4213062#msg4213062
Plus you had cypherdoc mention that (at least HE thought,) they were holding all the BTC until the end of the year in the event that they did not deliver:
https://bitcointalk.org/index.php?topic=270363.msg2894478#msg2894478
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they want only those committed to leaving their BTC with HashFast until the end of the year. if they fail to deliver, they have said they will give full refunds in BTC.
again, anything i say here needs to be confirmed by the officials of the company.
again, anything i say here needs to be confirmed by the officials of the company.
I'm not saying there is all that much basis for a legal battle, but..."wtf" kind of comes up in the head.
https://bitcointalk.org/index.php?topic=270363.msg2894518#msg2894518
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once you see details of their Miner Protection Plan and refund details all your fears will melt away.
"I'm melting! I'm melting away!"