Post
Topic
Board Mining (Altcoins)
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
by
gushes
on 09/10/2014, 02:07:03 UTC
Funny thing is that people using paypal. cc or wire transfers are in a much better situation than people using BTC to pay for the promise of scrypt miners  Cheesy

I paid in full with BTC.  I'm not going to see that money back.  To all the people that have won Judgements... So what?  How the **** are you going to collect?  You have to with X amount of months then go BACK to court to ATTEMPT to have the judge seize assets, which probably don't exist.  Even if the machine arrived at my door step today, it's worth exactly what the scrap metal is worth.  They can not and never will be able to produce more than is consumed by power costs.

Lesson learned: don't use BTC to pay in advance... EVER.  This does, however, point out one important flaw in BTC.  Do not use it with merchants that aren't 100% trustworthy.