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Do u know how to find this guy?because I am going to sue him.....
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Anyone needing his address just PM me.
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Total Hashrate now is ~2100Th and ken wants to deploy 1300Th in May that will consume a staggering 1700 MW? Now this is one hell of optimistic projection. How will he get/cool 1700MW? How many chips are needed for 1300Th? And only 1.3 mil $ for more than 50% of current network? How come nobody else noticed these points? Total hashrate now is 16 PH/s...Your maths sucks dude. Speed (PH/s) 21.81 ( http://mining.thegenesisblock.com/) |
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@JoTheKhan: Whoops ^^ We should reboot Stewartuk to start "Can we haz XCP" poll  |
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2. The vote convinced Ken to wait for Colored Coins which never came. I told them it was a dumb idea, they didn't listen we suffered a little more.
... Hey, the Colored Coins are coming! A few more weeks, and they'll be here. What changed? When you are not trading, that's 'coz Ken is listening to zum's poll results. Have fun. *Do you see that you leave open every option for Ken? He promised CT. He didn't deliver because people wanted CC. When he finally goes with CT? Well, he promised CT all along. Win/win. In your eyes, he can do no wrong. And you sincerely don't see yourself as an apologist. |
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@Main I agree, I don't think its a hard task at all. But there were times where we sat and decided to wait for Colored coins. You can't hold this time against Ken if we (not I, I was always for Crypto Trade But we as in the forum) told him that we wanted to wait for Colored Coins. I mean look back one page and you see someone else suggesting that we wait 2 More weeks for Colored Coins. This has been popping up through all of November and December, even some in January.
You can't scream at him to wait for Colored coins and then put it against him that he didn't do the implementation for Crypto Trade yet. That's just retarded. There were stupid polls and long fights about how everyone wants to do Colored Coins or w/e. So if anything you can say that Ken has had since Mid/Late December to have Crypto Trade up and running for us. Not since Mid November.
So if we are going to claim Ken has been neglectful with shares then we will have to say since Late December or the Beginning of January till Now. Still you are right, it should be done by now. If it comes down to it, he should just start doing it manually and grab the people who can to ship shares over to CryptoTrade while he has the free time to do so each week. (Like how he did from BTCT to Bitfunder)
This is bordering on absurd. 1. Regardless of whether Ken wanted to move to CT or CC, verification needed to be done, so the script should have been written. (yes/no) 2. Yes, a bunch of goofballs wanted CC. They still do, Nothing changed. I guess we'll have to wait til all the kids agree, right? *Ken didn't listen then and he's not listening now, he's not running a kindergarten where children start polls & he bases business decisions on those. At least you have something to be thankful for here. @MWM: Yes. |
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@Mainline the hangup isn't that he needs our email addresses. You know this, the hangup is making a secure and automated way for share liquidation.
I'm not sure how much more explicit I could be, but I'll try: Regardless of what this "secure and automated" process is, its necessity has not changed over the past three months. It was clear since BitFunder closure announcement that a script will have to be scribed if this procedure was to be automated. No new information emerged, other than some bullshit claim by Ken that he was "coding the legal requirements" for moving his Belize-registered Virtual Identity [sic] to a Hon Cong Exchange. Or some such. This script - a basic web form, FFS, should have been written by one of Ken's kinfolk a months ago, a database and div disbursment script written, and... come on, this is really really basic shit! This is Ken's management style in a nutshell: Ignore problem, do nothing about it yourself, hire no one to do it for you, and lie when shit hits the fan. |
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Did it suddenly dawn on everyone after all this time that "Hey guise, we might need an email to transfer shares - whadda yall think?"
Was the thinking along the lines of "since we got all this time to watch the empty workbenches be empty, let's put off basic shit until we're really fucked!"
But seriously - since Ken's kinfolk are drawing pay, why not teach one of the brighter ones how to do some of the chores? After all, I hear some of them other multimillion multinationals actually hire *real people who know what they're doing*?
Sebastian, it has been three months of solid thumb-fiddling, and now the hangup is "Ken needs our email addys"? P.S: Should i scrape this thread and find the bit where Ken tells you that he's programming law into his fancy claim portal? P.P.S: Found this whopper while looking for a quote: ...
This is very important to us. This is our moto: "If You Make Your Customers Successful, You Will Be Successful". Now that being said we have no control over the difficulty, so we are working on R & D to make our machines run faster. Now, here is our promise to our customers, if at anytime before we ship the machine to our customer and the machine will not return a positive ROI within the first year, we will at their option refund 100% of the purchase price of the machine.
Totally forgot about Ken's motto and his miner protection plan. BRB, grep. |
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No one has sent Ken anything.
Ok to simplify this. Each Shareholder shares the information that both they and Ken have: Username, # Of Shares, Date/Time sent to AMC-TENDER. (To have all three pieces of this information you have to have gotten it off your transaction log, this is why you should have taken a Screen shot of your transaction log, so you can pull this information up from the image).
Once this is verified, The Shareholder gives Ken their email address. Ken creates an account on CryptoTrade for this email address and gives them the # of shares.
No image swapping is done, Ken already knows who has what shares, he just doesn't have our email addresses to make our Crypto Trade accounts w/ our shares in it.
I'm still trying to understand this. Why was the email not part of transferring your shares to Ken? (am i reading you right?) Did it suddenly dawn on everyone after all this time that "Hey guise, we might need an email to transfer shares - whadda yall think?" Was the thinking along the lines of "since we got all this time to watch the empty workbenches be empty, let's put off basic shit until we're really fucked!" But seriously - since Ken's kinfolk are drawing pay, why not teach one of the brighter ones how to do some of the chores? After all, I hear some of them other multimillion multinationals actually hire *real people who know what they're doing*? |
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...Thankfully we won't be sending our images to Ken. Our images show/remind us The exact date and time we sent shares to Ken. His image shows him the date and time he recieved shares and from whom. We don't need to show our image to anyone, we just need to know the date and time and the # of shares that our images show us. There is no image to edit and no one to trick. We don't post our image anywhere.
So wait, you went through all that crap of sending Ken all of your info ... everything but your email addy? RU SERIUS?  I mean, i'm a pretty credulous guy, but you're piling this on a bit thick. Did no one think of including an email addy til nao? "Guise, it feels like we mighta left something out... Nah, good 'nuff! We're only worth a few mil, amirite?" Muppets |
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Lol, you are beyond belief... What idiot would verify anything worth anything with a screencap?  *and no, this wasn't "photoshopped." |
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Your "bad" is assuming that Ken needs to write *any software at all* to transfer the shares to an existing exchange. Ken's not building an exchange, he simply needs to hand the data over to CT. Come on.
But Ken has stated that he will be writing some software didn't he? Man let me see if I can dig this up. You are taking the dumbest bullshit he feeds you at face value. He's been tweaking the blockchain so the registers won't overflow and cause pagefaults when you download RAM. Ken has the data from BitFunder. That's all that is needed to move to CT. Everything else - the goofy "screencaps" and all that drivel - is simply bullshit to keep you busy. Ken has 2 Thins from Bitfunder. He has the AssetList, this contains The Public Address & the Number of shares, (No Email or Username). He also has his Transaction Log. This contains the username of who sent him shares and when they sent them and the number of shares, again. No Email address. This is why Ken needs to find out which email address gets what shares. You guys are forgetting this. He doesn't have your email address so he can't give you his shares. He even stated this. But no one seems to listen. FFS, are you guys insane? He doesn't have full records of who the shares belong to?! And he's getting around to trying to find out 3 months later? I've seen 5yr-olds manage monopoly money better. Lawdy. What was all that theater with sending Ken screencaps and shit? "But don't bother with the email addy"? |
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Your "bad" is assuming that Ken needs to write *any software at all* to transfer the shares to an existing exchange. Ken's not building an exchange, he simply needs to hand the data over to CT. Come on.
But Ken has stated that he will be writing some software didn't he? Man let me see if I can dig this up. You are taking the dumbest bullshit he feeds you at face value. He's been tweaking the blockchain so the registers won't overflow and cause pagefaults when you download RAM. Ok, so then how should I process the information Ken feeds me? Should I: - Do what Eskimo Does. Ignore it, and scream at Ken for different information that could or could not be faked anyways?
- Do what Some people do and make entire spreadsheets and calculations and spread them around on every page?
- Just ignore anything Ken posts and do nothing and stay out of the loop?
Ken says hes writing a program to do the share liquidation, until I have proof otherwise I'm going to take what he says at face value. It's not an assumption, its taking what he says at face value. He's been rather open with us in the last month. I see no reason to start screaming at him now. You can use common sense. If no coding is required to verify shares, you can safely assume that Ken's telling you stories. Ken has been telling you lies at a faster rate recently, because the situation called for it. That's not openness, that's just lying harder. |
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Your "bad" is assuming that Ken needs to write *any software at all* to transfer the shares to an existing exchange. Ken's not building an exchange, he simply needs to hand the data over to CT. Come on.
But Ken has stated that he will be writing some software didn't he? Man let me see if I can dig this up. You are taking the dumbest bullshit he feeds you at face value. He's been tweaking the blockchain so the registers won't overflow and cause pagefaults when you download RAM. Ken has the data from BitFunder. That's all that is needed to move to CT. Everything else - the goofy "screencaps" and all that drivel - is simply bullshit to keep you busy. |
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Your "bad" is assuming that Ken needs to write *any software at all* to transfer the shares to an existing exchange. Ken's not building an exchange, he simply needs to hand the data over to CT. Come on.
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One of the most important ones is making sure Ken's software/server/whatever is working correctly. When making software, writing the program itself is just a small part of a bigger project (Planning,Testing and Debugging will probably take just as much if not more time). ...
What software and what server are you talking about? Ken's mad coding skilz, judging by his website, consist of taking other people's software and dumping it on his server without even bothering to configure it or change the template (that's why the pink receipt proudly offers free gift wrapping - i shit you not - when a customer buys a server room's worth of hardware). But even Ken should be able to move shares to an exchange in less than three months. Have faith!First. I doubt Ken has been working on this for 3 Months. I expect that he started it in Dec. Saw that everyone wanted Colored Coins and dropped the project. Started it again in Jan and had to get the ball moving on other aspects of the company and paused the project again. Got the ball moving and is now finally working on the project. Don't make it seem like he was sitting at his desk for 3 Months looking at the project and being too incompetent to work on it. BTW, you can be good in programming languages that deal with databases and more backend aspects and not be good with HTML/CSS which are used to make the design of a website so continued shots at his subpar website really isn't helping you. The software I am referring to is to w/e means Ken is putting in place for us to reclaim our shares, the server I am referring to is w/e machine he is using to run said software for us to reclaim our shares. It doesn't need to be some huge server, he could probably run it off a laptop w/ Django & Python or w/e. Poking fun at a sub-par website would be childish if the website wasn't as astoundingly and laughably sub-par. I mean, people had to rage at him to take this graphic down:  As far as software to move shares to an exchange? FFS, email the file to CT, how frickin' hard is that? What am i missing? |
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One of the most important ones is making sure Ken's software/server/whatever is working correctly. When making software, writing the program itself is just a small part of a bigger project (Planning,Testing and Debugging will probably take just as much if not more time). ...
What software and what server are you talking about? Ken's mad coding skilz, judging by his website, consist of taking other people's software and dumping it on his server without even bothering to configure it or change the template (that's why the pink receipt proudly offers free gift wrapping - i shit you not - when a customer buys a server room's worth of hardware). But even Ken should be able to move shares to an exchange in less than three months. Have faith! Edit: Free gift wrapping makes this all worthwhile  |
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...If we can get some news out on the press sites over the next 2weeks about our 55nm that would bring in new investors on CC...
Maybe someone could drop a line to The Genesis Block first? They're still listing all of the 28nm vaporware as available in December 2013. |
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so the PETAMINE shares were sold at a time when bitcoin was $100, now the share price is teh SAME. doesn't that mean i'm paying 8x-10x MORE for teh same share right now? Doesnt seem fair since i'm paying 10x more for a share that didnt actually rise in value. correct me if im wrong
Think about it this way: You bought Daisy, a milker, and paid for her in milk. Instead of paying X dollars, you gave Farmer John Y gallons of milk. After you bought Daisy, the price of milk rose x10. Q: Is Daisy worth more dollars? A: Sure, since Daisy's milk is worth x10 more, Daisy is worth ~x10 more.* Q: Is Daisy worth more milk? A: No. Daisy will give you the same amount of milk in her lifetime, regardless of milk prices. She's a good cow, and smart, too, but she doesn't get free market. She might be a commie, definite Marxist leaning, reads Keynes too... Q: Is it dumb to buy Daisy now that milk prices have gone up? A: No dumber than when milk prices were low. Q: Was it dumb to buy her then? A: Lol yes! But that got nothing to do with the price of milk. *We should add a fudge factor to our Daisy Mining Bond Model to account for rising difficulty, but that's way too depressing. |
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Obviously the question is one of reserve ratios. The FDIC you put your unfounded faith in has reserves to cover 0.68% of deposits.
The issue with fiat is not that there isn't enough - it's that too much is printed and faith in it is lost as a crack up boom ensues and the mass of people suddenly realise their mass produced currency is headed into a downward spiral and dump it in favour of unprintable assets.
... The .68% figure seems unreasonable to you? Why? Because the FDIC has often failed to make whole the users of collapsed banks? It is not just the FDIC, though. The entire financial might of the US of A that is threatened when banks fail. With NeoBee Danny? Not so much Anyhow, bitcoin financial institutions had a less-then-stellar track record, starting with the awesome Pirateat40's Bitcoin Savings and Trust and recently punctuated by Tradefortress and Ukyo. But this time it's different. But we've gotten pretty far off-topic. Danny *wants* to buy into a fiat bank. So you'll take on the risks of *that* bank, too The too big to fail banks, which are now even bigger, will cause the whole US system to fall over and many other big international banks - and so FDIC covering 0.68% of deposits is a joke. It gives a completely false impression that deposits in these institutions are safe. However, this does not mean every bank carries the same level of risk. On the contrary when faith is lost in over-leveraged casino banks, people tend to put money into smaller, more local banks. Therefore the question is entirely about which bank Danny wants to hold a stake in, its levels of leverage and how risky its assets are. What I'm saying is, that could be a far safer prospect than any FDIC insured bank. A great example is the Bank of North Dakota - a small state owned bank which suffered absolutely no problems during the 2008 financial crises. Why? Because it was a small, safe bank. http://www.motherjones.com/mojo/2009/03/how-nation%E2%80%99s-only-state-owned-bank-became-envy-wall-streetLet me get this straight: You're worried that $41 billion is not enough to insure your worthless fiat in US banks, so you invested in a curious financial instrument you don't understand, issued by a Cypriot d00d on the interwebs forum? Who has no insurance whatsoever, not even the measly $41bn? You invested bitcoin, the currency made great specifically by the fact that it does not need banks? And now you think that buying into a fiat bank is also a good idea? In that case, buy moar sharez - millions are available @ IPO price "The human mind is a powerful thing. Give it a can of spraypaint and a brown paper bag, and it will believe anything!" |
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OK, you win that one - short & sweet. |
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