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Awesome! Good luck with this new venture Greg! I have nothing but good things to say about how honestly and competently you handled BTC-Growth on BTCT.CO and wanna be first in line when this thing gets ready to launch.
Many thanks for your kind words and encouragement. Judging by the BTC prospective participants have been talking about placing in the prospective new fund -- just going by emails and the occasional PM -- it's not clear yet whether there will be sufficient interest to go ahead with it, but we'll see. (I know many people are still struggling to get their capital back from Ukyo, Graet, TF's fund and others, not to mention the aftermath of TF's claimed "hack"; meanwhile, many people are still smarting from losses when the broader market tanked. I think folks in general are pretty fed up with the Bitcoin asset markets as a whole -- and I can understand that.) Hopefully this will garner enough interest to make the fund a reality. Also, I totally agree about people being fed up with the bitcoin asset market. After the chaos of the last couple of months, this new venture of yours is the only asset I've even thought about investing in. |
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Awesome! Good luck with this new venture Greg! I have nothing but good things to say about how honestly and competently you handled BTC-Growth on BTCT.CO and wanna be first in line when this thing gets ready to launch.
Cheers!
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Is it safe to go to the bitfunder website? says ssl down
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Not sure how many of these offers are serious but I will throw out a serious offer of sale:
Willing to sell 10K of my shares for 40 BTC or .004 per share. Let me know if interested and we can work out the details of the transfer.
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48 hrs since I tried to make a withdrawal from weexchange... Still, no response, and no deposit to my btc address...
You need to raise a ticket and then wait for it to be processed. They are going through now but a few days behind. What do you mean "raise a ticket"? |
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Will users be able to withdraw less than the minimum .1 BTC from bitfunder to wee-exchange. And from we-exchange out? I have just a little BTC left but I'd hate for it to go to waste.
Anybody know a work around? Send money to weex and then to bitfunder and then withdraw more than .1 btc?
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Do we still expect a P/L statement to be announced next week?
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Assuming we have X% of the network. Approximately how much of that is actually profit after we factor in operating costs?
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Any future plans with funds Greg or are you gonna wait till things settle a bit?
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How did the 600K transfer of shares from Bitfunder to Cryptostocks work? Anybody know the details of the transaction/move?
Look a few pages back. Thanks, I saw that there was speculation that a large shareholder wanted to transfer/sell on a new exchange. Just wanted to see if there was official confirmation on that. |
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How did the 600K transfer of shares from Bitfunder to Cryptostocks work? Anybody know the details of the transaction/move?
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What is ActiveMining's policy towards customers who pre-ordered miners that are predicted to have a negative ROI? I'm thinking of throwing some money down on a miner now that BTC is way up....
There is no "insurance policy" if that's what you're asking. If it will have a negative ROI in your calculations then don't order. Less orders just means the ActM Batcave will have more hash power for itself. Oh ok, I just thought I heard somewhere (maybe his interview?) that he was planning on something like an "insurance policy" like giving extra hashing power or something. |
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What is ActiveMining's policy towards customers who pre-ordered miners that are predicted to have a negative ROI? I'm thinking of throwing some money down on a miner now that BTC is way up....
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So I know everything is currently under NDA still. That being said, does anybody have an idea of where we are in the current timeline?
Ken says he'll order the first batch once he knows the prototypes work. I assume this means that the samples have not been delivered yet or they have been delivered and testing is still commencing.
Best case scenario, when do we begin hashing? When are miners shipped? Are we expecting more $$ to come from hashing or sales?
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Ken,
Can you verify what U.S. Bitfunder users need to do to be sure that their shares preserved? Do we need to be sure our public bitcoin address is one where we can sign? For example, a non-CoinBase address?
Yes, you need to have a public Bitcoin address that you can sign, so that we can verify the number of shares you own from the Bitfunder Asset List. Thanks for the quick reply Ken! To everybody else: Anybody have a favorite wallet they use that has signing capabilities? I'd prefer something online as opposed to a paper wallet. Something easy to use. |
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Ken,
Can you verify what U.S. Bitfunder users need to do to be sure that their shares preserved? Do we need to be sure our public bitcoin address is one where we can sign? For example, a non-CoinBase address?
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Shouldn't that be 60% reduction in profits every 2 weeks?
Difficulty change is between 25% - 35% every two weeks. With all these increases in difficulty, would we be able to get a rough estimate of total profit from sales/mining with the chips currently in development? As in would we be able to find out what the shelf life of this batch would be? 3 months? 6 months? I think the idea is that Ken must put a decent amount of money back into R&D every week just to keep the hash rate percentage the same. How effective this is depends on if that reinvested money is enough to keep us going. If we just get these chips and send all profits to investors then the shelf life of the eASIC hardware is about 2 months absolute max before they are bricks. Is this weekly-reinvestment reasonable? Any idea how much $$ as well as how much time it would take to keep up with the hash rate? I'm just saying as it seems like it will take approximately 6 months from chip design to production for this current batch. Perhaps it will take about the same time for the next batch? Maybe it's best to just one and done it? Take the money and run? Just playing devil's advocate here. I'm invested in Actm; just curious to see if people knew what Ken's game plan was. |
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