Only on these account we have more than 150.000USD in cash.
Which is... $2.90 per share? At this price, I'm with djjacket - d'rather see creativex behind bars. And I'm willing to put in more than $2.90 per share owned to see that happen. There were more wallets, and of course all the mining gear Ok, how much are you willing to offer? Nevermind that only creativex and burnside know how many shares each address has. |
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Only on these account we have more than 150.000USD in cash.
Which is... $2.90 per share? At this price, I'm with djjacket - d'rather see creativex behind bars. And I'm willing to put in more than $2.90 per share owned to see that happen. |
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In the spirit of defusing this a bit, the board is going to have a meeting soon and discuss the communication/transparency issue. The last attempt to improve the situation was well intended but not followed through. This point needs clarification.
Actually, who is the current board? TAT, Burnside and Ukyo were, as pass-thru asset issuers. Who else? |
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How is TAT connected to Havelock? Other than having a few of his assets listed there?
TATI's only connections to Havelock are in relation to our listings there. Thanks. I trust you're not playing with words, and you yourself have no further connection to Havelock (apart from your assets being listed, or buying into other assets on a personal capacity). So let's get back to discussing AM, instead of FUD'ing about Havelock and the share prices on Havelock when it represents only 13015 / 400000 shares (3.2% of AM). |
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Furthermore, it is interesting that TAT himself has not replied to any of my comments. Could it be that as a board member he IS INDEED privy of future happenings and trading with insider informations?
Of course his denying it is not plausible because all the other board members KNOW what else is available out there.
How is TAT connected to Havelock? Other than having a few of his assets listed there? |
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(my own views)
It's about getting organised and figuring out how to contact creativex, who's not responding to phone calls and PMs.
I think you should be able to understand that there are some things we don't want creativex to know, and so it is not about privileged shareholders or keeping shareholders out... but rather keeping anyone who might be creativex out. For now, I think this primarily excludes anyone new on the forum.
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One thing to keep in mind:
Say FC does come out with guns blazing and reclaims the 10% hash. Total weekly blocks (on average) for 10% of the network is right around 100 blocks,(6 per hour * 24 hours * 7 days)
100 blocks times 25 btc = 2500 btc /week.
Those redistributed to 400,000 shareholders = 0.00625 per share
At $530 per btc that is $3.31 per share per week.
At $1000 per btc, that is $6.25 per share per week.
At $5000 per btc that is $31.25 per share per week.
With btc at $5000 you would need only 32 shares to make $1000 per week in dividends.
With btc rising as rapidly as they are, the need to capture a good percentage of the global hash becomes critical. Of course, I did not remove expenses, or add franchising, or hardware sales, etc. I just wanted to show what you could do just by capturing a good chunk of the network hash.
If you thought btc would rise 10-fold, why not just accumulate btc? |
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On my phone, I was unable to accept the invitation and sign in to the group. Worked when I eventually tried again on a computer.
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pm'ed tbomb and noodle_dam; nothing heard.
What do you actually need to know?
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demand for these has tumbled.
citation required as far as I can see, AM has sold out of hardware, so that doesn't indicate that demand has decreased. You do realise that price is the intersection of demand and supply, and you cut out the part where he pointed out that price tumbled? And yes, the price was tumbling even before the new 500TH. |
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Is cointerra on track for dec delivery? I thought I read about a delay somewhere.
I suppose that the datacentre and power fees are a fixed contractual fee, even if the bitfury miners are sold?
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A lot of people are pissed right now because they bought in to the hype when the whales were quietly making their way to the exits. They deluded themselves.
Did they? If I count correctly, the publicly traded shares on bitfunder + havelock amounts to just 25k full shares, out of 400k total. Not sure how many are issued on 796. Regardless of whether the whales traded privately to exit, the bulk of the shares are still held privately by other whales. |
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I feel however, ideally, we should get some temporary transfer rights seeing we are getting strong-armed into leaving bitfunder
Let's say you had 250 shares (or managed to pool it together). You're depending on someone to process the outgoing transfer... and if the bitfunder pass-thru is really on fractional reserve, that someone really doesn't want you to txfer out. How long do you think the transfer will take (during which you will be unable to react to market events)? And you're still hoping to get temporary transfer rights? |
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- pool shares from like-minded trustworthy (or escrow otherwise) individuals
can anyone elaborate how this works? I have 21 shares on Bitfunder I would like to get on Havelock. Selling & buying would make no sense I would lose bitcoin What I meant was to: - find people who have 250 shares between them who want out of bitfunder - find a person whom all of them trust. push shares to mr.trustworthy - mr.trustworthy initiates transfer out of bitfunder - ... [hours/days/weeks/months later, the transfer completes] - mr.trustworthy transfers the shares back for obvious reasons, the sell + buy back strategy is much faster and less risky. |
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- sell and buy back
- pool shares from like-minded trustworthy (or escrow otherwise) individuals
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2 self mining with 1000TH gen1 needs more than 20 datacenters as large as the current one.
Did you really call that a datacenter?  |
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Since we're speculating...
Assuming he did decide to pull a runner, when did he decide to do so?
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TAT is probably trying to get the last few stragglers (as well as those who switched plans from BF to Havelock) migrated over, so that he doesn't have to handle dividend distribution manually.
He could pay out the dividends to the public addresses of the stragglers, but that would be a manual, laborious process unless someone comes up with a public script for sending dividends.
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they could distribute a total of 0.065 x current outstanding shares. which means the earlier investors get greater protection, and later ones get less.
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