Terms & Conditions
BTC Livein is offered to you conditioned upon your acceptance without modification of the terms, conditions, and notices contained herein. Your use of the btclivein.com Web Site constitutes your agreement to all such terms, conditions, and notices.
NO FIAT TRADING
Fiat amounts shown are the equivalents if cryptocurrency is traded on the popular exchanges, such as Bittrex. BTC Livein Project does not allow fiat (USD/EUR/JPY/GBP/CNY/RUB/etc.) in or out. Fiat amounts are for illustrative purposes only. BTC Livein Project has no opinion regarding alleged relative values of virtual currencies in relation to fiat currencies.
ALL SALES ARE FINAL
BTC Livein Project will not accept returns and all sales are final.
EARNED CREDITS MAY CHANGE IN FUTURE
BTC Livein Project cannot guarantee the credits the device pays will stay the same in the future; they may go up or down. This is especially true since the credits are tied to the difficulty in mining Bitcoin and Litecoin, which, if history is any indication, increases at an exponential rate. Earned credits are also tied to the market value of cryptocurrencies.
IMPOSSIBILITY OF PERFORMANCE; SUSPENSION; TERMINATION
If the fees to each customer for cloud mining must be raised to 100% in order for BTC Livein Project to remain in business without a loss, or if despite raising fees to 100% BTC Livein Project Incurs a loss, BTC Livein Project will suspend all contracts for cloud mining. BTC Livein Project will turn the cloud mining back on once the fees are 99% or lower, however, following standard industry practice, if the fees to each customer for cloud mining are 100% and BTC Livein Project is sustaining a loss for ten consecutive days, then BTC Livein Project may unilaterally terminate all contracts for cloud mining completely, at its discretion and damages, if any, will be limited to those described in the LIQUIDATED DAMAGES clause of these Terms and Conditions.
It is the wish of BTC Livein Project that these events never occur and we have great confidence that the price of BTC and/or other virtual coins will remain stable or grow over time. Our optimism is the reason that BTC Livein Project continues to work hard to make sure all customers are happy and that the site is secure and interesting for its customers.
All customers assume the risk that if mining difficulty and/or electricity costs for BTC Livein Project rise to unmanageable levels and/or that due to these or other circumstances customer fees must be raised to unsustainable levels, and/or the demand for BTC and/or other virtual coins drops to unsustainable levels, and therefore the cost of doing business for BTC Livein Project is not reasonably sustainable, then BTC Livein Project reserves the right to close business, and damages, if any, will be limited to 10% of a reasonable, good faith estimate of the current fair market value of the remainder of the contract. All damages must be requested within 45 days of the first day of closing or non performance, or any claim for damages will be considered waived.
PURCHASES CAN BE REVERSED
BTC Livein Project has the right to reverse transactions and transactions can be reversed by payment processors for up to 180 days. This includes PayPal reversals, credit card reversals, EFT/ACH reversals, or any other payment processor that may be used in the future. Cash transactions, if available, will never be reversed. In addition, transactions outside of the 180 day reversal period, or transactions that fall outside of this, such as cryptocurrency transactions, cannot be reversed.
All disputes regarding claimed damages shall be submitted to Arbitration with an Arbitrator agreed to by both parties. Arbitration shall be held in Dublin, Ireland.
SAFETY AND SECURITY
BTC Livein Project is not responsible for hacked accounts or if you give your password to a third party. You should never use the same password for multiple websites. It is your responsibility to make sure your password is secure; ideally at least 12 characters long, mixed case, including numbers and special characters. Never share your password with anyone.
BTC Livein Project works with third party mining sites and other third party providers. As to those third party sites and providers you understand that BTC Livein Project has no control over internal or external activities affecting those third party sites and providers, and should there be any interruption of service from said thirds party sites or providers for any reason, you understand and agree that BTC Livein Project shall not be liable for any losses incurred by you such as a particular coin's loss in value, or a particular coin becoming non-existent or other loss. You understand that any internet related site including those third party sites and providers that BTC Livein Project uses or does business with, are subject to losses due to hacking, fraud either internal or external, mismanagement, governmental and/or administrative actions, policies and procedures, or Acts of God such as natural disasters, war or civil strife and you hold BTC Livein Project harmless for any losses incurred by you in any of the above circumstances that are out of the control of BTC Livein Project.
BTC Livein Project is not a bank nor is it a wallet. Withdraw your coins promptly and do not let them accumulate. BTC Livein Project is a secure site and BTC Livein Project is not responsible for the loss of cryptocurrency to third parties by actions that are beyond BTC Livein Project's reasonable control. In any event, BTC Livein Project will never be responsible for lost or stolen virtual coins at the hands of third parties that are beyond the reasonable scope of BTC Livein Project's control, but in the unlikely event that it is shown the fault lies with BTC Livein Project, you agree to damages for any alleged loss be set at $1.00 (One USD) per account.
BTC Livein Project reserves the right to change the terms, conditions, and notices under which the btclivein.com Web Site is offered, including but not limited to the charges associated with the use of the btclivein.com Web Site.
LINKS TO THIRD PARTY SITES
The btclivein.com Web Site may contain links to other Web Sites ("Linked Sites"). The Linked Sites are not under the control of BTC Livein Project and BTC Livein Project is not responsible for the contents of any Linked Site, including without limitation any link contained in a Linked Site, or any changes or updates to a Linked Site. BTC Livein Project is not responsible for web casting or any other form of transmission received from any Linked Site. BTC Livein Project is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement by BTC Livein Project of the site or any association with its operators.
BTC Livein Project may allow placement of advertisements on the BTC Livein Project site. These advertisements are generated without the input of BTC Livein Project and the contents are not controlled by BTC Livein Project. BTC Livein Project does not endorse, promote, sponsor or recommend companies, services or products that may be displayed in said advertisements.
An event of force majeure is an event or circumstance which is beyond the control and without the fault or negligence of the party affected and which by the exercise of reasonable diligence the party affected was unable to prevent provided that event or circumstance is limited to the following:
(a) riot, war, invasion, act of foreign enemies, hostilities (whether war be declared or not) acts of terrorism, civil war, rebellion, revolution, insurrection of military or usurped power, requisition or compulsory acquisition by any governmental or competent authority;
(b) ionizing radiation or contamination, radio activity from any nuclear fuel or from any nuclear waste from the combustion of nuclear fuel, radio active toxic explosive or other hazardous properties of any explosive assembly or nuclear component;
(c) pressure waves caused by aircraft or other aerial devices traveling at sonic or supersonic speeds;
(d) earthquakes, flood, fire or other physical natural disaster, but excluding weather conditions regardless of severity; and
(e) strikes at national level or industrial disputes at a national level, or strike or industrial disputes by labor not employed by the affected party, its subcontractors or its suppliers and which affect an essential portion of the works but excluding any industrial dispute which is specific to the performance of the works or this contract.
1. Neither party is responsible for any failure to perform its obligations under this contract, if it is prevented or delayed in performing those obligations by an event of force majeure.
2. Where there is an event of force majeure, the party prevented from or delayed in performing its obligations under this contract must immediately notify the other party giving full particulars of the event of force majeure and the reasons for the event of force majeure preventing that party from, or delaying that party in performing its obligations under this contract and that party must use its reasonable efforts to mitigate the effect of the event of force majeure upon its or their performance of the contract and to fulfil its or their obligations under the contract.
3. Upon completion of the event of force majeure the party affected must as soon as reasonably practicable recommence the performance of its obligations under this contract. Where the party affected is the contractor, the contractor must provide a revised program rescheduling the works to minimize the effects of the prevention or delay caused by the event of force majeure.
4. An event of force majeure does not relieve a party from liability for an obligation which arose before the occurrence of that event, nor does that event affect the obligation to pay money in a timely manner which matured prior to the occurrence of that event.
5. The contractor has no entitlement and the project company has no liability for:
NO UNLAWFUL OR PROHIBITED USE
As a condition of your use of the btclivein.com Web Site, you warrant to BTC Livein Project that you will not use the btclivein.com Web Site for any purpose that is unlawful or prohibited by these terms, conditions, and notices. You may not use the btclivein.com Web Site in any manner which could damage, disable, overburden, or impair the btclivein.com Web Site or interfere with any other party's use and enjoyment of the btclivein.com Web Site. You may not obtain or attempt to obtain any materials or information through any means not intentionally made available or provided for through the btclivein.com Web Sites.
CONTINUITY OF SERVICES POLICIES; COMPENSATION POLICIES
BTC Livein Project will provide continuous service to the best of BTC Livein Project's ability. The BTC Livein Project site is monitored frequently by the BTC Livein Project team. As with all web based services there will be times where service is interrupted. BTC Livein Project will aggressively pursue continuous service for all of BTC Livein Project's clients.
If an interruption event occurs due to any issues that are beyond the control of BTC Livein Project, BTC Livein Project will generally not be liable for lost mining time. When service is interrupted by events that are under BTC Livein Project's control, compensation will be considered on a case by case basis, upon direct written request only. Any compensation award will be in the absolute discretion of BTC Livein Project.
Priority of compensation will be given to Cloud Contracts as those directing mining power to BTC Livein Project have the option of directing their mining power elsewhere. Both Cloud Contracts and external mining client's hereby accept the responsibility of monitoring their BTC Livein Project account at least once per week and lodging any requests for compensation within one week of any interruption event. Client agrees that they waive any claim of compensation for an interruption event if client fails to make a claim for compensation within a week of any given interruption event.
An "interruption event" is defined as an interruption of client connectivity to mining services through the BTC Livein Project platform for a period of greater than 6 hours. Written claims for compensation must be submitted directly to firstname.lastname@example.org and may only be claimed directly from the owner of the account. Compensation, if granted, may take the form of a BTC account credit or other BTC Livein Project offered coin account credit, extension of contracts or other form as BTC Livein Project determines in its absolute discretion.
CUSTOMER RISK DISCLOSURE
Client hereby acknowledges that there are substantial risks associated with Virtual Currencies, including the fact that: transactions in Virtual Currency are generally irreversible and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable; the volatility of the price of Virtual Currency relative to Fiat Currency may result in significant loss or tax liability over a short period of time; there is an increased risk of loss of Virtual Currency due to cyber attacks; virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to FDIC or SIPC protections; among others.
BTC Livein Project takes security seriously and guards against cyber attacks, hacking and fraud, but cannot be a Guarantor of potential Client losses that might arise from cyber attacks, attacking, fraud, and the like that might occur despite BTC Livein Project's continuing efforts to keep is customers coins and transactions safe and secure. BTC Livein Project SHOULD NOT BE USED AS A WALLET to store crypto coins. Transfer your coins to the wallet of your choice at your earliest opportunity. Should Client incur a loss for events described in this paragraph, Client understands, acknowledges and agrees that BTC Livein Project's liability, if any, shall be limited to One Dollar U.S. ($1.00) per Customer.
MINORS ARE PROHIBITED
You must be of legal age and have the capacity to enter into a contract, under your country's laws in order to mine with, have an account with or conduct business with BTC Livein Project. You must be of legal age and have the capacity to enter into a contract, under the laws of any foreign Country in which you may reside in order to mine with, have an account with or conduct business with BTC Livein Project.
Should it be discovered that you are a minor and/or do not have the capacity to contract your account will be immediately frozen and be reported to the appropriate legal authorities.
USE OF COMMUNICATION SERVICES
The btclivein.com Web Site may contain bulletin board services, chat areas, news groups, forums, communities, personal web pages, calendars, and/or other message or communication facilities designed to enable you to communicate with the public at large or with a group (collectively, "Communication Services"); you agree to use the Communication Services only to post, send and receive messages and material that are proper and related to the particular Communication Service. By way of example, and not as a limitation, you agree that when using a Communication Service, you will not:
1. Defame, abuse, harass, stalk, threaten or otherwise violate the legal rights (such as rights of privacy and publicity) of others.
2. Publish, post, upload, distribute or disseminate any inappropriate, profane, defamatory, infringing, obscene, indecent or unlawful topic, name, material or information.
3. Upload files that contain software or other material protected by intellectual property laws (or by rights of privacy of publicity) unless you own or control the rights thereto or have received all necessary consents.
4. Upload files that contain viruses, corrupted files, or any other similar software or programs that may damage the operation of another's computer.
5. Advertise or offer to sell or buy any goods or services for any business purpose, unless such Communication Service specifically allows such messages.
6. Conduct or forward surveys, contests, pyramid schemes or chain letters.
7. Download any file posted by another user of a Communication Service that you know, or reasonably should know, cannot be legally distributed in such manner.
8. Falsify or delete any author attributions, legal or other proper notices or proprietary designations or labels of the origin or source of software or other material contained in a file that is uploaded.
9. Restrict or inhibit any other user from using and enjoying the Communication Services.
10. Violate any code of conduct or other guidelines which may be applicable for any particular Communication Service.
11. Harvest or otherwise collect information about others, including e-mail addresses, without their consent.
12. Violate any applicable laws or regulations.
BTC Livein Project has no obligation to monitor the Communication Services. However, BTC Livein Project reserves the right to review materials posted to a Communication Service and to remove any materials in its sole discretion. BTC Livein Project reserves the right to terminate your access to any or all of the Communication Services at any time without notice for any reason whatsoever.
BTC Livein Project reserves the right at all times to disclose any information as necessary to satisfy any applicable law, regulation, legal process or governmental request, or to edit, refuse to post or to remove any information or materials, in whole or in part, at BTC Livein Project's sole discretion.
Always use caution when giving out any personally identifying information about yourself or your children in any Communication Service. BTC Livein Project does not control or endorse the content, messages or information found in any Communication Service, and, therefore, BTC Livein Project specifically disclaims any liability with regard to the Communication Services and any actions resulting from your participation in any Communication Service. Managers and hosts are not authorized BTC Livein Project spokespersons, and their views do not necessarily reflect those of BTC Livein Project.
Materials uploaded to a Communication Service may be subject to posted limitations on usage, reproduction and/or dissemination. You are responsible for adhering to such limitations if you download the materials.
MATERIALS PROVIDED TO BTC LIVEIN PROJECT OR POSTED AT ANY btclivein.com WEB SITE BTC LIVEIN Project does not claim ownership of the materials you provide to BTC LIVEIN Project (including feedback and suggestions) or post, upload, input or submit to any btclivein.com Web Site or its associated services (collectively "Submissions"). However, by posting, uploading, inputting, providing or submitting your Submission you are granting BTC LIVEIN Project, its affiliated companies and necessary sublicensees permission to use your Submission in connection with the operation of their Internet businesses including, without limitation, the rights to: copy, distribute, transmit, publicly display, publicly perform, reproduce, edit, translate and reformat your Submission and to publish your name in connection with your Submission.
No compensation will be paid with respect to the use of your Submission, as provided herein. BTC LIVEIN Project is under no obligation to post or use any Submission you may provide and may remove any Submission at any time in BTC LIVEIN Project's sole discretion.
By posting, uploading, inputting, providing or submitting your Submission, you warrant and represent that you own or otherwise control all of the rights to your Submission as described in this section including, without limitation, all the rights necessary for you to provide, post, upload, input or submit the Submissions.
THE INFORMATION, SOFTWARE, PRODUCTS, AND SERVICES INCLUDED IN OR AVAILABLE THROUGH THE btclivein.com WEB SITE MAY INCLUDE INACCURACIES OR TYPOGRAPHICAL ERRORS. CHANGES ARE PERIODICALLY ADDED TO THE INFORMATION HEREIN. BTC LIVEIN Project AND/OR ITS SUPPLIERS MAY MAKE IMPROVEMENTS AND/OR CHANGES IN THE btclivein.com WEB SITE AT ANY TIME. ADVICE RECEIVED VIA THE btclivein.com WEB SITE SHOULD NOT BE RELIED UPON FOR PERSONAL, MEDICAL, LEGAL OR FINANCIAL DECISIONS AND YOU SHOULD CONSULT AN APPROPRIATE PROFESSIONAL FOR SPECIFIC ADVICE TAILORED TO YOUR SITUATION.
BTC LIVEIN Project AND/OR ITS SUPPLIERS MAKE NO REPRESENTATIONS ABOUT THE SUITABILITY, RELIABILITY, AVAILABILITY, TIMELINESS, AND ACCURACY OF THE INFORMATION, SOFTWARE, PRODUCTS, SERVICES AND RELATED GRAPHICS CONTAINED ON THE btclivein.com WEB SITE FOR ANY PURPOSE. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, ALL SUCH INFORMATION, SOFTWARE, PRODUCTS, SERVICES AND RELATED GRAPHICS ARE PROVIDED "AS IS" WITHOUT WARRANTY OR CONDITION OF ANY KIND. BTC LIVEIN Project AND/OR ITS SUPPLIERS HEREBY DISCLAIM ALL WARRANTIES AND CONDITIONS WITH REGARD TO THIS INFORMATION, SOFTWARE, PRODUCTS, SERVICES AND RELATED GRAPHICS, INCLUDING ALL IMPLIED WARRANTIES OR CONDITIONS OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT.
BTC LIVEIN Project reserves the right, in its sole discretion, to terminate your access to the btclivein.com Web Site and the related services or any portion thereof at any time without notice. GENERAL To the maximum extent permitted by law, this agreement is governed by the laws of the city of Dublin, Ireland, and you hereby consent to the exclusive jurisdiction and venue of courts in Dublin city, Ireland in all disputes arising out of or relating to the use of the btclivein.com Web Site. Use of the btclivein.com Web Site is unauthorized in any jurisdiction that does not give effect to all provisions of these terms and conditions, including without limitation this paragraph. You agree that no joint venture, partnership, employment, or agency relationship exists between you and BTC LIVEIN Project as a result of this agreement or use of the btclivein.com Web Site. BTC LIVEIN Project's performance of this agreement is subject to existing laws and legal process, and nothing contained in this agreement is in derogation of BTC LIVEIN Project's right to comply with governmental, court and law enforcement requests or requirements relating to your use of the btclivein.com Web Site or information provided to or gathered by BTC LIVEIN Project with respect to such use. If any part of this agreement is determined to be invalid or unenforceable pursuant to applicable law including, but not limited to, the warranty disclaimers and liability limitations set forth above, then the invalid or unenforceable provision will be deemed superseded by a valid, enforceable provision that most closely matches the intent of the original provision and the remainder of the agreement shall continue in effect. Unless otherwise specified herein, this agreement constitutes the entire agreement between the user and BTC LIVEIN Project with respect to the btclivein.com Web Site and it supersedes all prior or contemporaneous communications and proposals, whether electronic, oral or written, between the user and BTC LIVEIN Project with respect to the btclivein.com Web Site. A printed version of this agreement and of any notice given in electronic form shall be admissible in judicial or administrative proceedings based upon or relating to this agreement to the same extent and subject to the same conditions as other business documents and records originally generated and maintained in printed form. It is the express wish to the parties that this agreement and all related documents be drawn up in English.