until ukyo comes clean about what happened to the coins I will assume he stole them. there can be no legal reason for keeping this info secret. he is merely trying to dodge the consequences. most likely he ran his business like a gambler, playing with our money and losing while trying to buy time and hedge his bets, until BF went down and his source of gambling money dried up and now hes cornered and empty handed.
even when there are legal gag-orders or strategic business related reasons to with hold info, you can still give vague descriptions of the situation. The press does it all the time. Ukyo is obviously hiding something. user virtualspade found a good lawyer versed in digital law and familiar with the bitcoin ecosystem. He is working on the labcoin scam right now. I suggest class-action here guys. Others have already placed liens on some of ukyo's properties to recoup losses, get in there before there is truly nothing left.
That is a very amusing scenario you have dreamed up. If that was the case though, I would probably have chosen to not close BF knowing all of this and use the hundreds of btc of monthly would be profits to cover any losses. BitFunder was only growing. Sorry to put a snag in your dreams. since you give zero information as to what exactly happened at weex and BF I am going to assume the worst. Just like every one of your customers victims. deal with it. what other scenario could be possible for coins missing from two(2) services, both of witch you own and control? I applaud Ken for hanging you out to dry, I hope the rest of the people you burned can do the same. Mostly I just dislike your unwillingness to be transparent, or even transparent about why you are not transparent. You say zero, except to vent your frustration at Ken in the ActM thread (which, to anyone who has been burned by BTC scammers is SWEET SWEET JUSTICE!) Until you become transparent you sir are a low-life thieving scumbag. Go ahead, prove me wrong with some verifiable facts and info. I doubt you will.
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seriously? you guys really think it could go back to 3 or 4 BTC/share? shhht i need to buy a lot more now then!! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) As a guy who bought AM shares around .8 and rode them all they up to 4.5 BTC /share than back down to .8 let me just give you some advice: ...be careful ! Lot more competition these days. I still think FC is the man but I don't ever think they will getting anywhere to the dominance they had when there was only three players in town, AM, Avalon, and BFL. AM has great products and they had a huge advantage but I think they blew that, and its sort of over for them now. I could be completely wrong and tbh don't follow them anything close like I used to, but just, be careful... thx for the advice. But my previous research in bitcoin's securities world lead me to the conclusion that AM is the one and only worth betting on. basically i think they really know what they are doing and they are going for the long run. when you think about it, skipping the gen2 in october whilst others, such as BITMAIN, kept on going for the same technology, was a wise move (now BITMAIN is stuck with hardware that will become obsolete within 2 months - which i hope will be the same time for AM to unleash its fury upon the Bitcoin world) so i am all in on AM ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) many of us share this sentiment, but 4 BTC a share is vastly over-valued for this baby. I'm hoping for a high around 1-2 if all goes well in 2014... I emphasize the word "hope" if it touches 1BTC I will be (pleasantly) surprised. There is simply too much (privately and publicly owned) competition for AM to seize the market (mining AND manufacturing) ofc, FC could prove me wrong, and I wont mind at all...
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@Uyko: dude you disappear with funds that don't belong to you for MONTHS with no plausible explanation whatsoever as to what happened to OTHER PEOPLE'S MONEY and then you have the nerve to come in here and troll? gimme a fucken break. At least here you know where your shit is and that it still exists… you cannot say the same to other people. You've got quite a mess to clean up. I suggest you GTFO of here and look somewhere else to do that job. Stop side stepping the issue. well put, good sir.
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until ukyo comes clean about what happened to the coins I will assume he stole them. there can be no legal reason for keeping this info secret. he is merely trying to dodge the consequences. most likely he ran his business like a gambler, playing with our money and losing while trying to buy time and hedge his bets, until BF went down and his source of gambling money dried up and now hes cornered and empty handed.
even when there are legal gag-orders or strategic business related reasons to with hold info, you can still give vague descriptions of the situation. The press does it all the time. Ukyo is obviously hiding something. user virtualspade found a good lawyer versed in digital law and familiar with the bitcoin ecosystem. He is working on the labcoin scam right now. I suggest class-action here guys. Others have already placed liens on some of ukyo's properties to recoup losses, get in there before there is truly nothing left.
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They sell a digital copy on DVD for $100..
whoa! CTV cheap basterds
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I don't get how Ukyo can claim he isn't allowed to say what happened to the btc. What could possibly have happened that would require a gag-order? whole thing sounds like b.s. to me, but what do I know, or any of us for that matter since everything is kept secret. It does make sense for design and manufacturing businesses to have NDA clauses, with the competition and all, but money management services should hopefully be a little more transparent than this.
This is all the sort of malfeasance that attracts regulators, sloppy business practices should be strongly discouraged in this community... I feel like half of these exchanges are run by teenagers between getting home from school and dinnertime, not dedicated responsible adults who have ethical business practices and basic common sense.
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have the divs been paid out at havelock yet? I didn't get mine.
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vice.com just did an article on this. the reporter ate about 50 and was on the throne all night with the trots. lol. he even posted an audio clip...ewwww.
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I dont know, but the scene in Wolf of Wall Street where he's selling worthless penny stocks to some sucker and as he describes a cutting edge, next-level aerospace company and some loser's backyard shed flashes across the screen reminded me of the securities thread here on bitcointalk.
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I quit reading these threads daily about a week ago, one problem, every few days I have to read through pages of baffle-gab and dis-information. I will say one thing for the trolls here. You are doing a pretty good job of making my head spin. When I finally come across a post that appears to not actually be FUD, troll, or outright BS, I have to read it out loud a few times, step away from the computer, think about it, then file it under "possibly, maybe...might have a sliver of truth somewhere..." what did you guys do for fun before bitcoin? crank phone calls? ring people's doorbells and run away?
EDIT: thanks for the update Ken, I feel for you, reading the insults, slander and speculation in these threads, that can't feel good. Hang in there man, some of us are behind you, regardless of the shit-storm that may overwhelm at times.
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I too want to know more about this auction. Is it open only to US citizens? How will they go about it so as not to crash the price? could the rest of the community manipulate the market enough to short-change the FBI when they go to sell? I would love to see a temporary crash, just long enough to ensure the feds only get about half or less the value of their coins. Is this possible?
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ColoredCoins only. Once the initial user uncertainty is overcome, this will seem the natural choice. For those still wary of CC, remember when you first got into Bitcoin itself? Remember the learning curve you had to surmount? This will not be nearly as difficult. Go to ChromaWallet website and read a little. It's not so bad. Besides, in a year's time CC will be the ONLY way to deal in BTC securities and you will be all set to rock n roll!
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I like the idea of color coins myself, I didn't think they would be available so soon. I believe CC would attract very positive attention for ActM. The only problem I see is user-friendliness, or lack thereof. The first thing on ChromaWalet's website is a message stating "Colored Coins are not simple or easy to use!" that troubles me somewhat. Is ken going to be inundated with users who are stuck in some technical misunderstanding re. CC, waste his time/drive him crazier with millions of PMs per hour/cry foul and scam and "where's mah f*@%ing shares! OMG Ken ripped me off!" when they can't figure out how CC works?
I am fairly confidant I can figure out how to use ChromaWallet but it is going to take me a few hours of tinkering with it first, I am not so sure about some of the other users here. Not being critical of people's abilities, just saying, this could cause massive cock-ups and problems if implemented too soon... I'm really not so worried about bugs so much either, good minds have done a lot of hard work on the core workings of CC, any unforeseen problems will most likely be fixed fast.
Now, seeing as, due to the recently revealed delays, there will really be no discernible progress with ActM for a couple of months anyway, we are in a good position to implement ColorCoins soon and work out the blips before any real movement hits the market.
My vote; YES to Colored Coins.
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I don't have my CVS from btctc. I do have ~10000 shares of labcoin still on cryptostocks, but there is no history. what should I do?
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Who was it that was suppose to fly out to AMC and visit Ken for a few days? Anyone know when that was suppose to happen?
I am, It will be next week and I'll report what I can as soon as I can. Is there any point in visiting AMC? I mean, it's not very likely that we'll see any chips or boards for a few weeks/months/years... The American Mid-West is lovely this time of year.
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they were pretty good about communicating before, now they have gone silent. I certainly hope they can get the shares tradeable before any sort of news. right now they are "private" on Havelock and therefore untradeable! not good!
I have numerous contacts in the exploration mining world here in Canada, and all of my inquiries have been met with skepticism. Not that they think Kenilworth is fake, on the contrary. What they tell me is that 99% of ALL exploration companies go broke. It is just the way it goes, they are all long-shots. If they do strike rich veins, they will profit handsomely, but more likely than not, they will come up empty handed.
I've still got my fingers crossed, but what I EXPECT from Kenilworth is this; GET THE SHARES TRADING!!!!!!! and a little update/news/progress report would be nice.
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thanks for link. Sorry if I have been going off the handle last few days, I got caught up in the hysteria. Have taken deep breath and am looking with fresh eyes now. Things aren't great, but they aren't a total disaster either. Delays in engineering and production. Part of the game. Now, when I look at these divs I see the results of hashing with ~ 5500 GHs, am I correct? More detailed specs of the mining operation would be good, is there a stasts page for this? anyway, onward and upward. This pony ain't finished the race yet!
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if ken would get these shares on an exchange, we could at least see our divs...we are owed divs since bf shut down...if we saw divs, that would quell a lot of the shit-storm of scam accusations. until these shares are fully listed, we don't know if ken even has the btc he already owes in past divs. the longer the shares sit in limbo, and the longer no divs go out, the more I am inclined to decide that YES ActM is a SCAM!
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