I think you have selective memory here. I wouldn't call my actions as defending them. I was often critical of them, especially in the last 3 weeks or so. The thing I did jump into was to quell the personal attacks. I saw those as getting in the way. You need to take a look at my posts over the last few weeks before spouting that stuff again, and don't be selective. Look at them all. Multiple times I mentioned and thankedboth Retro and Vesper for their work.

I might have lost 500 Euro. I don't even make much money but I have called my investments right in this space spectacularly so, and taken some, what others would call, huge risks along the way. So I am not sure if you expect me to be angry or the like. I move on and don't hold. I am super happy to have been able to experience all that I have in this space, everything. I am just not very affected by all of this. I'm honestly enjoying life too much.

I chose my handle for a reason,
Its about sharing

Ps - My post you replied to had NOTHING at all to do with discounting AT. I was saying the crashing price of LTC is a huge issue. And probably losing just the deposit would be better, for me anyway, than having a miner right now, as you alluded to. Less of a loss financially perhaps.

I can see now why KnC made the Titans non-refundable.  No hedging there.

yeah my timing was epic on the titan as well...2 weeks before KNC went to the dark side and it all went to hell

I've learned to read TOS's now (the no refund I knew about but trusted them silly me ..the 90 warrenty caugtht me by surprise!)

(i such a funny little clueless hairless human primate....I never learn...scratches crotch)

Searing

talk about denial, can you read a basic chart?

http://coinmarketcap.com/ltc_180.html

Denial - Myopic
take your pick - feels like I've been here before though


Seriously it's a shame its come to this. - I'd be interested to see how many UK miners were caught by alpha.
When I put this option to a selection of interested friends months ago no one wanted to touch it - We are pretty local to that part of the world and it just didn't feel right.

Anyway best of luck to you who took a punt. 

Seems like I'm also one of those suckers who just have to take his losses.

Actually, you signed a contract that specifically states you are NOT entitled to compensation for their negligence. 

I realize that here in the USA contract law tends to be much stricter than in other parts of the world.  Even so, I would be very curious what part of UK law you are referring to when you say such a clause is illegal.  Do you actually have a law in mind (and if so, which one) or are you just talking out of your ass?  Again, I realize this is coming from the USA and not the UK, but virtually every warranty you get here specifically excludes compensation for incidental damages (example, you buy a server and it breaks.  They can be made to pay for the server, but not the money you lost from not having a working server).  They have been consistently upheld by the courts, and in most cases so have TOSs.  Now we do know that UK law makes their clause about no returns illegal, but I would be very surprised if you had a law that makes it illegal to bar incidental damages.  I'm always willing to learn though, which law do you speak of?

But see here is the thing, and this is why this sort of shit continues to happen.  Now, I will be the first to say these AT guys are a bunch of scumbags.  In fact, I HAVE been saying it the whole time.  But at the same time, isn't there at least some level of personal responsibility that goes into this?  I mean, you read a contract where they write right into the contract that they can purposefully rip you off and they are not responsible, legal or illegal, that didn't give anyone pause before sending them thousands of dollars?  The fact that exactly 0 of these preorders have ever gone well for the customer, that didn't give anyone pause?  I mean, GAW miners just released yet another one of these preorders about a week ago and I have seen some of the same people who got ripped off here, post over there that they preordered from them.  It's like, wtf really?

USA laws are tough but currently not being enforced....Butterfly Labs has been 10 months behind on both 65mm and current 28mm products consistently since around nov 2012....w/o out any enforcement ..money talks in usa ....so likely alpha and others looked at hashfast bfl etc and figured they had little to lose if it all went 'poof' in the nite..they are likely correct at least in usa

Searing