Silk Road forums

Discussion => Security => Topic started by: coolkid321 on September 23, 2012, 01:53 pm

Title: Had an order cancelled by a vendor. not 100% refund.
Post by: coolkid321 on September 23, 2012, 01:53 pm
I had an order cancelled by a vendor. I paid 921.17 at $12.22 per bitcoin. so thats 75.36 bitcoins. SOOOOO as I said the order was cancelled but I only recieved 72.46 bitcoin back. The price of bitcoin has dropped a bit since last night. but how in the hell do I LOSE 2.9 bitcoin?? BTW the order NEVER shipped.

also I remember reading somewhere that if I get a refund it should be the value of what I paid no matter the price of bitcoin. so if spend 2 bitcoin that are worth 10 a piece and by the time I get my refund they are only worth 5 bucks then I should get 4 bitcoin. someone correct me if im wrong.

PS the vendor is well known on here so if im being cheated and he makes it right then I wont out his name.
Title: Re: Had an order cancelled by a vendor. not 100% refund.
Post by: wsg on September 23, 2012, 02:03 pm
The refund rate varies unless you choose the hedge option ( that there is a fee) from what I have read so far. try searching for hedge and it should give you a load of info
Title: Re: Had an order cancelled by a vendor. not 100% refund.
Post by: coolkid321 on September 23, 2012, 02:07 pm
The refund rate varies unless you choose the hedge option ( that there is a fee) from what I have read so far. try searching for hedge and it should give you a load of info

the item was hedged. at least thats what it says in the cart. I didnt and still dont have an option to unhedge it.
Title: Re: Had an order cancelled by a vendor. not 100% refund.
Post by: mond on September 23, 2012, 02:12 pm
I have just joined Silk Road and i haven't got a clue how to obtain bitcoins and make an order. Can anybody help bearing in mind that i am not a computer whizzkid. Thanks
Title: Re: Had an order cancelled by a vendor. not 100% refund.
Post by: coolkid321 on September 23, 2012, 02:22 pm
so therefore I should have recieve 921.17 worth of bitcoin right? if it was hedged
Title: Re: Had an order cancelled by a vendor. not 100% refund.
Post by: coolkid321 on September 23, 2012, 07:28 pm
anyone else??
Title: Re: Had an order cancelled by a vendor. not 100% refund.
Post by: buybuy555 on September 23, 2012, 07:42 pm
i think u lose 6% hedged or not, this is a fee for BC juggling/handling costs...  :o

but im not 100% on this lads...  :-\

hope this helps...

regards...  ;)
Title: Re: Had an order cancelled by a vendor. not 100% refund.
Post by: wetdog on September 23, 2012, 08:59 pm
The vendor didn't have the coins yet so it's not the vendor.  It's a Silk Road fee.  Just to be clear i feel certain the vendor didn't keep your coins.  SR did.  They get their fee or a portion of it regardless of the cancellation.
Title: Re: Had an order cancelled by a vendor. not 100% refund.
Post by: coolkid321 on September 23, 2012, 09:59 pm
The vendor didn't have the coins yet so it's not the vendor.  It's a Silk Road fee.  Just to be clear i feel certain the vendor didn't keep your coins.  SR did.  They get their fee or a portion of it regardless of the cancellation.

dude wtf?? are you serious? the order hadnt even went out and the still hit me for 2.9 bitcoin what kind of shit is that?
Title: Re: Had an order cancelled by a vendor. not 100% refund.
Post by: wetdog on September 23, 2012, 10:31 pm
Not real sure, but i had a similar thing happen a few months back???
Title: Re: Had an order cancelled by a vendor. not 100% refund.
Post by: coolkid321 on September 24, 2012, 02:49 pm
Hey coolkid, just found your post while looking around the forums lol.
To clear things up, the vendor that he dealt with that canceled his order was me.
I had forgotten to ask for buyer stats before purchase and believe he was not new becuase he talked like a sr pro (better pgp usage than me).
Anyhow, I have made you an offer for any future business BUT if you wish not to, i will send you the missing 1.45btc (pays for half).
It is entirely up to you and I do once again apologize.
-CB

thanks for agreement we made. my faith has certainly been restored. thanks for everything.
Title: Re: Had an order cancelled by a vendor. not 100% refund.
Post by: wetdog on September 26, 2012, 12:42 am
BTW Coolkid.  I did an order with CaliforniaBuddy a few weeks ago and he is top notch.  If you're dealing with him then it's going to be a top notch transaction!  I would wish you good luck, but you don't need it.