Really, you are one of the only people who aren't providing any sort of critical feedback, you are just complaining.

Goat is complaining too, but he at least isn't complaining for no reason, he wants basic answers.

I tend to trust people that have proven themselves in the past, so I am indeed giving Theymos the benefit of the doubt on this one.

I dont think hes incompetent, I just think that it would be better if he addressed the serious questions, and ignored you. I dont think hes stealing the forum money, because he could have just taken it all and since he is technically the forum "owner" and the forum is not a registered nonprofit, he could probably legally take it all.

Like I said in my previous post, I dont think Theymos is in this for the money anymore, because either he has plenty, or he thinks he can make more by operating the site legitimately. No one ever goes against self interest.

I'm guessing not. But just as a comparison, did anyone here verify the CEO of PayPal's government ID before they opened a PayPal account?

I have no reason to believe it's fake, mainly because John was dealing with tens of thousands of BTC at a time just months ago. It doesn't make sense to take the small payout.

It was posted earlier in the thread:
https://www.facebook.com/TheJohnKoh

Of course there are going to be the idiots that wont listen to reason, but he can ignore them.

It is worth mentioning that this question was asked to Ken in the official thread, with no response.

Except we aren't in a dire mess.

Weekly Update 2/26/2014

We have hired a really good lawyer for the MSD problem.  I am out west working with our Project Manager working with our vendors to move our projects into high gear.  Expect good news in March. 

Active Mining Staff

He is pretty busy and he has been given a lot of power that he is using the best he can; as far as I understand he probably made a huge mistake with the 350,000$ (was it really 350,000$ when he paid or is it 350,000$ at today's price??) and he doesn't recognise it, maybe he will when it is crystal clear that it was a mistake; the rest of the money is here so it can still be used well

I understand your point but in that case how did doge grow so quickly? They grew so quickly because they getting extremely positive news articles when bitcoin was being mascaraed by the press. I think that what we need right now is a combination of both.

They didn't steal it, they lost it due to incompetence.

http://cryptolife.net/today-mt-gox-died-and-it-tried-to-take-bitcoin-with-it/

Bitcoin is revolutionary because it is decentralized, with no single point of control or failure.

However, over the last six months or so it has become obvious to me that the rest of the world isn't set up to interact with a radically decentralized system like Bitcoin, and I think forming a not-for-profit organization will be a positive step towards Bitcoin's long-term success.

I'm posting this to see if there is a consensus on what a Bitcoin Foundation should be.

To get the conversation started, here are some functions I think a Bitcoin Foundation could perform:

• Interact with the legal system, where a centralized entity is needed: for example, to hold the Bitcoin trademark, own/control the bitcoin.org domain name, etc.
  
• Act as a central library for accurate information about Bitcoin, so journalists and policymakers have an 'official' place to learn about Bitcoin.
  
• Collect donations to fund infrastructure necessary for Bitcoin's growth (organize regular developers' conferences or get-togethers maybe? pay for development of cross-implementation testing tools? pay core developers' salaries? create a certification/testing program for Bitcoin implementations? create a central clearinghouse for information about legal issues surrounding Bitcoin across the world?)
  

Other not-for-profit organizations that could be emulated:

• The Anti-Phishing Working Group (the APWG's chairman, David Jevans http://en.wikipedia.org/wiki/David_Jevans, is willing to help make a Bitcoin Foundation happen).
  
• The Tor Project
  
• The Apache Software Foundation
  

Are there others that work well, or are there examples of what NOT to do? Assuming there is rough consensus that a Bitcoin Foundation is a good idea, I would like to get something imperfect up and running quickly, with the expectation that it will evolve over time.

I'm pleased to announce the launch of the Bitcoin Foundation:

https://bitcointalk.org/index.php?topic=113400.0


The Bitcoin Foundation is modeled on the Linux Foundation. I think Linux is a great "role model" for Bitcoin; it is a very successful open source project that really embraced the notion of "open," encouraging the use of the core technology for a wide range of applications.

I hope that the Bitcoin Foundation will help do the same for Bitcoin.

Of course, "the Foundation" won't do anything at all-- people get things done. I want the Bitcoin Foundation to be an open, member-driven organization, and hope that you or your organization will not only become a member but will help the Foundation accomplish its mission.

Please visit the Foundation website for details, and please keep in mind that nothing is set in stone; the structure of the Foundation can be changed by a vote of its members, and exactly what the Foundation does will largely depend on who is willing to step up do the work to make things happen.

To any of you feel like you should have been invited to be part of the group who defined the initial structure and purpose of the Foundation: I apologize. But in my experience the larger the group, the longer it takes to get things done, and it has been 11 months since I first posted about the possibility of forming a Foundation.

In what will doubtless be an ineffective attempt to fend off the trolls, here are some answers to what I expect might be commonly asked questions:

Q: Is this the infamous September Announcement?

Yes.

Q: How do we know you won't just take our bitcoins and run?

We won't. The initial Foundation board members are all people with well established reputations using their real names.

Q: How do we know you won't lose our bitcoins to hackers?

We'll be using a cold wallet, with the private key securely backed up, for most of the Foundation's funds; in the near future I expect we'll be using a multisignature cold wallet, with keys controlled by multiple Board members to keep the funds even more secure.

Q: Is this just a front for the CIA? What is the hidden agenda?

No. And there is none.

Q: The Foundation is a corporation, and corporations (especially US corporations) are evil.

OK. So don't join-- go form your own non-corporate non-evil organization, or just ignore the Foundation and do whatever you think is right.

Q: How, exactly, is the Foundation going to spend the money it gets?

That depends on how many bitcoins it gets from memberships and donations. See Peter's "Letter from the Executive Director" for the current list of priorities, and see the Linux Foundation website for an idea of the types of things I hope the Bitcoin Foundation will be doing, assuming it has the funds.


Finally, thanks to Peter Vessenes, Patrick Murck, Mark Karpeles, Charlie Shrem, Jon Matonis and Roger Ver who stepped up and did the work necessary to get this started.

nice try nothing. the point is, if you don't click through you would not have found that out.

Here is what we DO know.
They have a registration in Delaware (incorporation)

No, AMT did not admitted they are registered in Delaware. They could be misrepresenting that company. Until AMT comes here and say in clear words they are that entity, this is just an assumption.


BFL also "checks out" in the begin of their business, so your rant is just meaningless.

Nice attempt to divert the focus of the discussion when you realize you do not know what are you babbling about.

Please, look this:

https://i.imgur.com/xvGtJHO.jpg

There is a stick where I read "Advanced Mining Technology, INC"

https://i.imgur.com/U3P1NSY.jpg

There is a sign where I read "Advanced Mining Technology, INC"



There is a paragraph where I read "Advanced Mining Technology INC"



There is an invoice where I read "Advanced Mining Technology INC"

So, this is not just a mistake. AMT is deliberately using the name of an already registered company which they certainly do not own.

If it is true... that is even worse. (He is the one throwing his "personal decisions" at me/us.)

He is the one who said, "I clearly need to learn to make better decisions"..."might not get married..." (Shocker! Intentions of post? Sympathy/begging.)

Then he asked for "help" from "us"... (Money, advice?) He did not ask AMT anything. They already contacted him, multiple times. What help would you be doing... Go there, build it, and pack it for AMT to deliver it to him faster... Go pick it up yourself, and deliver it to him personally?

I offered him advice. Not going to give him money. Tough love is help... Reality check is help... Giving to moochers is not help... Moochers who blow rent on 80GHs miners and 1.2THs miners, then beg for more money (help). Oh, and LIE.

He didn't come back, the fourth time... for help with the miner. He has been told when it will ship. He was told not to use the forum to ask about his specific delivery again. (Told to contact them directly.)

He is begging for someone to give him money, or buy it from him, or whatever. (That is unclear) He isn't asking for a refund. (That is clear.)

Want more advice.. Mine TEKcoin solo with your 80GHs miner that you already have delivered... You will make a ton more than mining BTC.

Going back to turning my quarters into rings, to sell on ebay for $5.00 each... until the video is posted and my miner is delivered. Enjoy the silence.

I agree with "I clearly need to learn to make better decisions"...

So.... how exactly were you going to pay for power and rent and food... if the miners were delivered a month ago? You would still have burned through all that, and more... and even more, until you broke-even...

If she marries you... she is getting scammed... by you. You just admitted you are a freeloader with real poor judgement and absolutely no ability to make economical decisions. Might want to move back home, until you can afford to live alone... You can't afford you... you can't afford her... you can't afford to operate a miner... you surely can't afford an accidental kid (or the birth-control that would prevent that from happening)... and you DEMAND sympathy from us, in addition to AMT, for your poor judgement.

Sorry... Can't find it in my soul to contribute to a professed lost cause. (Hey I am bankrupt, owe everyone, can't handle money, can you lend me a dollar and correct my errors for me, I have better things to do, like find others to loaf off-of... There are still a few more relatives in my family.)

Sounds like your miner is already owed to your parents, and your GF's parents, and your landlord. Might want to give it to them. They obviously have money, and know how to manage it. Well, maybe not, if they loaned you some.

You are either a liar, or all of the above is true... In any event, "I" have no sympathy for you. So your plea for "me"/"us" to help you is falling on deaf ears here. Only replying, since you asked for "us" to help.

I will offer this free tip/help... Stop buying crap you can't afford, and stop leeching off others. Let the girl go... You will just drag her down with you.

Best way for "us" to truly help you, is by NOT helping you. Since your idea of help is "us do it for you".