Quote from: wrenchmonkey on September 04, 2013, 07:07:07 AM

Coffee is for closers.

Funny

Quote from: wrenchmonkey on September 04, 2013, 07:07:07 AM

Brokers only collect fees on transactions that are completed.

Good point, except that you canceling your order is the reason the transaction isnt completing. And canceling your order wasnt even an option when you made the investment.

When we made this investment we all agreed to:

Quote from: steamboat on May 01, 2013, 10:58:42 PM

When considering a purchase, it is the responsibility of the consumer to analyze all risk factors involved, including but not limited to: costs, projected ROI, vendor reputation, and possible delays caused by unforeseen circumstances.

And the Avalon website says:

"made to order from TSMC foundry, this also means no refunds

So SB planned on there being no possibility of refunds and that planning enabled us to make this investment at all. Without it this thread wouldnt exist. Im guessing that like me, you chose this group because of the expedience which SB promised - a promise enabled by the assumption that he could pay to expedite.

Then Avalon changed the rules mid game to invalidate the assumptions SB relied on to enable the service you chose and SB is doing (what many here believe to be) the best he can to accommodate that change.

You already agreed to the 10%. If you dont want to pay the extra 5%, dont cancel your order. Your choice.

[Note: Some have suggested the total overhead paid to SB is only 5% after cancellation. The chips cost SB .078BTC each - he charged .086BTC, but is only refunding .081BTC. Sure looks like 15% to me.]

Quote from: steamboat on September 04, 2013, 12:34:41 AM

Refunds will be in the amount of 95% of the original .086 BTC purchase price, or .0817 BTC per chip.

Edit: Added some detail regarding refund percentage.

drewh

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