TL; DR: We are at 650 in the beginning of July, 2014.
Looks like this particular prediction will come out right. On rpietila's time zone, it may even be exact. Risto is a boss, this is spooky accurate. |
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What makes you angry again?
The man can't even spell properly |
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Virtual Mining Corpoation? how can you make such errors on 'official' agreement?
ken was either drunk or very tired when he wrote this
I took the liberty of correcting the following before sending the form: ...... This makes me so angry...figure it out you fucking dipshits ps. this is nice to see progress though |
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Its amazing to me that there was a full page of wrong conclusions and accusations being drawn (Ken stealing coins). It took me 2 minutes to come to the realization that these are most likely hardware purchases.
Are you serious? ..... Most likely not hardware. As BG pointed out a few pages back there was a tx that corresponded with more boards. Since the recent tx went to that same address it's only logical to conclude we are purchasing more boards |
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I'd rather see coins be used for more assets than for refunds. By buying cards with BTC and re-selling them for fiat we can get more $$ per BTC than selling for fiat at this time. Fiat from the last run of cards has hopefully gone to refunds and as Ken has already told us he will be using funds from the mining address to fund operations.
Its amazing to me that there was a full page of wrong conclusions and accusations being drawn (Ken stealing coins). It took me 2 minutes to come to the realization that these are most likely hardware purchases.
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so it moved to an actm account, but no explanation for where payments of 58 and 6.8 BTC went from there and why.
Looks like a payment for more equpiment, 1JKi and 1KS have been sent payment multiple times in conjuction with new mining gear. This is a smart move, big sigh of relief when i realized this |
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Stamp is kinda quiet right now. Is this the calm before the storm?
We bounced off 50% Fibonacci retracement (540 ish) with low volume and I'm expecting new short-term lows down to 520 ish (61% fib retrace) at somepoint before the next run-up. New money during this week could keep the boat afloat but a breakout to new highs will take some time to build (especially considering whales will be buying chunks of SR coin off-market) |
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When this happens it can mean only one thing! Miners are on break(actually they are watching porn) and all the mining gears stopped mining! It's very probable someone with a very high % of THS just stopped their gear for some maintenance! Everything will return back to normal soon  ah very true...there has been a drop in the hashrate today. this makes total sense! |
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I don't really get the purpose of this thread. You know such things happen.
Sometimes there are 12 blocks in a hour, and sometimes not a single one.
I've never seen anything close to an hour for a block so this seems ridiculous to me, especially for a tech with the promise of fast transaction times. I was hoping to start a discussion on the topic (this is bitcoin talk after all)  |
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And the one before that was only 4 minutes apart...  |
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1D MACD crossover confirmed  What does that means ? On www.bitcoinwisdom.com if you go into Settings-> indicator -> MACD and then look at the 1 Day scale the MACD indicator has turned into the red. It's a bearish signal...now the question is do we go for a dip or will we flatline? |
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1D MACD crossover confirmed |
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Now we need to ask how Ken is able to refund people today that he wasn't able to refund a month ago and if recent events have caused this change of plans.
Have you been paying attention to sales of the Gold Rush? |
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Looks like Ken is back online... ANNOUNCEMENT:
We will soon start refunding all of our Pre-Order customers that have requested a refund and have not received their refund. We will be refunding the pre-order amount converted to BTC @ the coinbase current sell price. Our pre-order customer will have to agree to being refunded in BTC. We will post in about 1 week an agreement to be refunded in BTC. Should a pre-order customer wish to receive their refund in USD we will also do those refunds after the BTC refunds.
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There is no official ruling yet. Will probably take a while for it to even get started.
This. We all knew a ruling would be coming eventually, the sooner we receive clarity the better IMO. I can't see how an MSD fine + reimbursement will be the end of this company as these fines haven't even been issued and won't have to be paid for months. The Woodlaw suit is troubling, but as far as i see it this will be limited to customers, not shareholders. When MSD officially gives us a ruling shareholders will be pissing in the wind trying to get more back per share than what the ruling states if they don't feel like holding on or being reimbursed. I don't understand how anyone seriously thinks they will be getting fully reimbursed in BTC value by filing shareholder lawsuits etc. If you can't handle the downside risk of an investment that's your fault. When MSD ruling becomes official, trying to step outside that will be useless (please explain your thinking if you disagree) |
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Any idea as to when we receive the official ruling by MSD? Have any shareholder lawsuits been started before this official ruling?
There's a lot of doom and gloom speculation going on here.
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Why we can't have the dividens ?
They have to be used to pay a large fine from the Missouri Securities Division. It will likely be 75% of the mined coins for the fine. And the rest will be used to pay back some pre-orders. Why keep shares? No point. There will be no profit from this company before it is closed down by the CEO. If he thinks otherwise he should be on here explaining fully his 3 month plan. But he isn't, so there is no plan. This whole ordeal is 4-6 months out, think about where BTC will be at that point. We are just hearing about this now. As long you Amerikkkans don't push for liquidation then there is still hope for this situation IMO. |
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You need about 17,000 btc to do that Ken do you have that much?
He will have to either sell BTC (which will be well above $1K at that point, considering the amount of time it takes BTC to move vs. the legal system and the amount of time the company has to pay the fine) or use fiat from some magical deal we may have whipped up. Either way, getting paid back in fiat is shafting investors...especially considering many of us used $100 BTC at the time of IPO. When BTC goes for another quantum leap we'll be left with orders of magnitude less in BTC value. Ken, please inform us of your plans to satisfy those who may want to remain shareholders. I'm sure we all want Bitcoin in our wallets, not USD |
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OK so then if he raised on average 0.0017 x 10,000,000 then he needs 11mill USD to buy that 17,000 BTC back today.
It will be refunded at the original investors investment plus 8% interest in USD. what happens to the "reimbursed" shares? is there a plan to pay back 0.0025 BTC per share to the remaining shares? |
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