The 185 will be distributed to all shareholders or only on BTC-TC?
It will be distributed to all shareholders via BTC-TC. The shares not yet accounted for are in a holding account on site, and will accumulate dividends until the shares are claimed, then the wealth will be distributed accordingly. Sounds like an accounting pain in the ass. Good luck. It's really not that bad, and it's much better than not using an exchange at all. But thanks  |
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The 185 will be distributed to all shareholders or only on BTC-TC?
It will be distributed to all shareholders via BTC-TC. The shares not yet accounted for are in a holding account on site, and will accumulate dividends until the shares are claimed, then the wealth will be distributed accordingly. |
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Hey everyone,
I've realized that it may not be fair to everyone involved to pay out the dividend on such short notice. The coins are in the BTC-TC account and ready to go, but I think it would be in the best interest of the company to advertise the mega-dividend, and pay it the next Saturday, December 15th. This would allow time for people to create BTC-TC accounts and buy the Cognitive shares that will go toward Avalon ASICS, and will probably create some bid-side liquidity.
If there aren't any objections, I will wait the extra week. Keep in mind most shareholders probably haven't seen that we've moved to a new exchange yet, so I think this is the fairest option.
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Awesome, I'll be using this.
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Great news, everyone!Cognitive is live on BTC-TC! Check it out at https://btct.co/security/COGNITIVEShareholder info has been processed by BTC-TC this morning and everyone on the lists supplied by GLBSE will be recieving an email shortly. Be sure to check your spam folder! If you didn't receive an email and you are a shareholder, please contact me at claims@cognitivemining.com and include your email and bitcoin address you gave to the GLBSE claims form, and the number of shares you own. After you receive your email containing the account login information, I recommend that you make a new account which you will more easily be able to remember and transfer the shares accordingly. BTC-TC has no internal transfer fees Because a motion passed soon before the closure of GLBSE, the Cognitive account still has some shares for sale. I have placed an ask order in accordance with the number of shares remaining and this motion: If this motion passes, 2550 shares will be issued at 0.62 BTC each to purchase ten Avalon ASICs, as seen here: http://avalon-asic.com/ These are currently the best priced ASICs and I believe it is the best choice at the moment. The ASICs are produced by a trusted FPGA producer known as ngzhang. Attaining ASICs from multiple sources is an excellent way to diversify and ultimately reduce risk. After this order and all our BFL ASICs arrive, we will have a total hashrate of 880 GH/s. The operator will maintain his contractually granted 10% and receive 10% of the new shares. Additionally, I am automatically emailed a shareholder list every 12 hours, so we won't have this problem if the new exchange ever shuts down! Cheers, Garrett
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I talked to James today and he said he's going to be sending out significant updates to various lists in the next few hours. I'll post here when I get them. Also, it looks like after this update we will be moving to the exchange BTC-TC in the same way as LTC-MINING. Accounts will be created with your shares deposited, and login info will be sent to the email you submitted on the GLBSE claims site. You can then transfer the shares to an account you create on your own if you would like. Shares not accounted for will be deposited into a holding account that will accumulate dividends until those shares are claimed. Once the process is completed I imagine some people will just want out, and will place low asks for the shares. Personally, I'm going to use my bitcoin reserves to pick up some cheap shares I'm glad to see everything getting resolved, despite James' ridiculous delays... Best, Garrett |
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I got an update from Nefario via email today. Three more users are accounted for, totaling 33 more shares.
I'm going to try calling him again tomorrow morning, because we still don't know who nearly half of the assets belong to...
Best,
Garrett
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How about the shares that weren't accounted for? How do you issue dividends without knowing these? Are you just pooling the coins that ideally would go to these shareholders and waiting for the completed list?
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Well, better little old ladies than little 8 year old kids (Apple, I'm looking at you).
Let's go T.P. Foxconn together? |
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Yeah, sorry I haven't gotten donations for this returned yet, it's been nearly a month.
I will return them now.
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I am against any attempt to go legit since it would end in the same way of Giga's mess. If you go that way, then I want my coins back in advance no questions asked.
Acknowledged. If we do choose the legit route I'll try my best to provide an easy exit option. (AKA you give me an address and I give you coins) Still no update?
I tried calling nefario yesterday and he didn't pick up, I'm going to try again in the morning. Other than what I might find from that call I've received nothing more, unfortunately... |
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If you can provide an ID and proof of residence I can lend you $1000 at 8% for 4 weeks (min 4% for early repayment).
PM Sent. |
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Same goes for you, thanks.
I have 11 left!
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any card left?
Yup. PM sent. |
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In all seriousness, can someone provide a logical argument against alt coins?
I've yet to see one.
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Ahh - April - back when all was well with the BTC world... Thanks for quoting it and bringing me back down memory lane  Haha, yeah things were so nice then... |
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