thank you very much chocobo, was not easy. this is bad news!
I'm curious what he says !?
First I'll start with this Quote He launches this while Noirshares is in between a blockchain swap and in shambles. You can't even trade the new NRB/NRS because the markets are on the old chain. His new project really pissed me off today. Here is what he had to say:
I do not see where I agree that my every idea now belongs to this group, the full message is as follows
Really man, project x outside of NG?
PROJECT X is NG. PROJECT XUC is not. They are unrelated and shouldn't be confused. Project X is called that because it has no real "Noir" name yet. couldnt really call it NoirColor, or is your question about me doing something other than NG? Did you see my messages on skype? Our VPS provider is down , meaning our seednodes are down. I will set up new ones but it will have to be mid week so i can confirm payment. I can either send the group NRS now to old NRS addresses or send to new ones, the OLD NRS will likely just be immediately dumped. The revive dead alts idea, you know exactly what im talking about. What you just bounce your ideas off me and the board for personal use? OLD NRS are useless so obviously the new ones......nice try. The only reason to send the old NRS is to prove they exist outside the old one not just a blockchain manipulation. "the revive dead alts" idea as you call it is a brain child almost a year old and as for your sarcasm, How in any way is Colored coins related to this? Project X remains and will be done after NRS , all other ideas of mine, remain mine until i decide to share them. and if you dont like that i discuss my plans with you i will stop. it's irritating to say the least that you think i am in some way tied to NG, i chose to stick with it and do NRS 2.90 as well as colored coins (project X), Antimatter aka XUC is in no way a part of NG. and you want to complain yet it is already in the list of coins participating. Since i have your attention, koontas seems to have every confidence in you recently, quite a surprise. nice try huh? what did you think i was trying?
You can see clearly that i made clear there is a difference between the project for NG and the one i am doing myself to fulfill an idea i had a year ago. He feels as though i am intellectually tied to Noir Group so i should not do anything annd not give it to the group. I feel otherwise, i can choose which ideas to share with the group and which to implement on my own as they are my ideas.
If you are not aware barwizi launched a side project today:
I think this is the first place i posted about my idea and i included NoirShares automatically.
I will be stepping down from COO. Don't worry, I was never paid and will never accept payment. I really didn't start working until a month ago, and most of my time was spent working up a redesign/relaunch for NRB and NRS as well as a full marketing plan. My work was ruined when barwizi decided to announce a merge without so much as asking me. He did this because he wasn't capable of developing a feature we planned for NRB. It is a shame this didn't work, I was very excited to work on a decentralized company, and my next order of business was to COMPLETELY re-brand NRS. I was going to make it simple. I also had my brother help barwizi program for free, and was going to bring on a second programmer/web designer. These two are good, they could have done the code barwizi couldn't.
He is free to step down as he wishes, noone will hold t against him. This was also another issue for him, he was against the idea of the merge When i asked for his reasons, he said it was because he had done work on NRB relaunch and i stated that that was not enough to justify having two currencies. He tried to resist but it happened anyway. I see no point in this post, It was decided by majority vote to merge and that is what I did. As for his brother being a talented coder, that is quite true, except while he knows code he was still learning crypto and as a result any project done with him would take much longer, you all should know if Chocobo had his way NRS still would not have been released by now.
Barwizi has had months to prove expenses, and try and justify all of this. The fact of the matter is than even if there were 20 BTC of legit expenses that I didn't find he still took a TON of BTC from us. I don't even feel like looking at what these funds were worth when NRS held a 30k sats price. He lied to us as investors. A 'ground-breaking' feature was always two weeks away. While we bought in anticipation he dumped on us. You may have seen my disappointment in the quality of work done by our officers. Now that I reviewed all of this I realized that he contributed to their failure by keeping the funds away from them and in the dark as far as development goes. The officers failed, no doubt, but they tried.
I told him and i told others, if i am the one accused it is not right for me to do the audit myself, which is why i handed in the documents to them, so they could assess the situation. He says the officers tried, i feel this statement i misleading. We supposedly had a CDO, if we have a CDO, what part of NRS development did he try? If we have a CMO, have we seen any marketing done in the last three months? Frankly, I am the one who should be dissapointed because i spent a lot of time working to put this together. What funds ? Since you can't be bothered to really post things then i will
WE SHALL DO THE ACCOUNTING HERE
If you find something you want to ask about, quote the area and ask.
If anyone disagrees with the amount under their name please notify me.
A total of 28.95 BTC invested A total of 157k NRB invested A total of 165k NRS invested
Note: please fill the following form after payment 1)delivery miner: https://docs.google.com/forms/d/1pHdophm3QgKggYY5H6Vl7Wta5IX6jgbRtpuHR65O-bg/viewform2)host miner: https://docs.google.com/forms/d/1moJLc8RH27CduZodV0RD-jrRP21X6IeEQU0Vkp7auZA/viewformThe list of buyer are shown here --------------------------------------------------------------------------------- Lee group, round 5 time-------------------buyer----amount 4/9/2014 17:06:01 drekken 2 4/10/2014 6:19:32 Jesehl 2 4/10/2014 16:05:14 Swimmer63 1 4/13/2014 8:25:03 Powell 1 4/14/2014 2:20:47 jdot007 1 4/14/2014 7:20:47 Ando Kivilaid 1 4/15/2014 5:06:09 usbminer 1 4/15/2014 17:35:52 Cheeseater 1 4/15/2014 19:30:09 finlof 1 --------------------------------------------------------------------------------- [Lee group, round 4] No-status-- amount-buyer--escrow--pay--order data 1 completed 3 varakunai directly btc 26-Mar-14 2 completed 1 jleefly directly btc 26-Mar-14 3 completed 1 Enrico directly btc 26-Mar-14 4 partical pay 1 Cantrip directly btc 26-Mar-14 5 completed 3 bilabonic directly btc 26-Mar-14 6 completed 1 Clucknutz directly btc 26-Mar-14 7 completed 1 Ryaner84 directly btc 2014-3-26 8 completed 5 Tegija directly btc 2014-3-26 9 completed 1 Und3rd0g directly btc 25-Mar-14 10 completed 1 nzgrant ognasty btc 26-Mar-14 11 completed 1 Uncle Scrooge directly btc 26-Mar-14 12 completed 1 muzzyshop directly paypal 26-Mar-14 13 completed 3 derico5 directly wire transfer 28-Mar-14 14 completed 1 eestimees directly btc 29-Mar-14 5-Apr-14 15 need confirmation 0 lenny_ directly wire transfer to company account 31-Mar-14 16 completed 4 gallary2000 directly paypal 31-Mar-14 17 completed 1 purenewfoundlander directly paypal 31-Mar-14 18 completed 1 lenny_ directly wire transfer to company account 3 19 partical pay 1 warhawk187 directly btc 31-Mar-14 20 canceled 0 Dutchminingnl directly paypal 31-Mar-14 21 completed 1 samcap64 directly paypal 31-Mar-14 22 completed 1 PurpleDino directly paypal 31-Mar-14 23 completed 1 stevej directly paypal 31-Mar-14 24 completed 1 sneakgeekz directly btc 1-Apr-14 host 25 completed 1 krismach directly btc 2-Apr-14 26 completed 2 xoun ognasty btc&paypal 2-Apr-14 27 completed 1 GigaWave directly btc 3-Apr-14 28 completed 1 cjbriere directly paypal 3-Apr-14 Total 37 units, 10 unit for host and 36 unit have been locked ---------------------------------------------------------------------------- [Lee group round 3] No-status-- amount-buyer--escrow--pay--order data--departure--arrival 1 completed 3 merv77 directly btc 18-Mar-14 29-Mar-14 2 completed 2 sudoku directly btc 19-Mar-14 host 3 completed 3 warhawk187 directly btc 20-Mar-14 host 4 completed 2 barwizi ognasty btc 21-Mar-14 2014-3-295 completed 2 eestimees directly btc 21-Mar-14 2014-3-29 6 completed 2 hausky ognasty btc 21-Mar-14 2014-3-29 7 need comfirmation 1 cobra89y directly wire transfer 21-Mar-14 2014-3-29 8 completed 1 sikke directly paypal&btc 22-Mar-14 2014-3-29 9 completed 2 derico5 directly wire transfer to company accout 22-Mar-14 2014-3-29 10 completed 1 Sitaga ognasty btc 22-Mar-14 2014-3-29 11 partial pay 1 JR directly btc 23-Mar-14 2014-3-29 12 canceled 2 bilabonic ognasty btc 23-Mar-14 2014-3-29 13 completed 1 apollojmr directly btc 20-Mar-14 2014-3-29 14 completed 1 biggzi directly btc 23-Mar-14 2014-3-29 15 completed 1 Uncle Scrooge directly btc 23-Mar-14 2014-3-29 16 completed 1 Jesehl directly btc 19-Mar-14 29-Mar-14 17 completed 1 resort directly btc 23-Mar-14 29-Mar-14 18 parcial pay 1 daddyfatsax directly btc 23-Mar-14 29-Mar-14 19 half pay 1 shmendes directly btc 24-Mar-14 host 20 need comfirmation 10 bobsag3 directly wire transfer to company accout 20-Mar-14 29-Mar-14 21 completed 2 gh2k directly btc 24-Mar-14 host 22 completed 2 gallery2000 directly paypal 24-Mar-14 29-Mar-14 23 completed 1 biffa directly btc 24-Mar-14 host 24 completed 2 "albela83" directly paypal 25-Mar-14 29-Mar-14 25 completed 1 kphil directly paypal 25-Mar-14 29-Mar-14 26 completed 1 Und3rd0g directly btc 25-Mar-14 31-Mar-14 27 completed 4 seriouscoin directly btc 25-Mar-14 31-Mar-14 28 canceled 2 Tuan 20-Mar-14 29 canceled 1 criptix ognasty 30 pending 5 Miller ognasty btc 21-Mar-14 total: 60 unit and 52 unit are locked ------------------------------------------------------------------------------------------------------------------------------------------ [Lee group, round 1] No.--amount--order data--departure---arrival-------buyer----guarantor--express 1-----1-------2014-3-13--2014-3-15--2014-3-18--sudoku---ognasty----ups 2-----5-------2014-3-13--2014-3-15--2014-3-17--bobsag3--OgNasty----ups 3-----1-------2014-3-13--host from 2014-3-15----gh2k----------- ---------- Update: The miner for delivery have been sent via ups, and the miner for hosting has already mine for you gh2k, you can check the hash rate right now  -------------------------------------------------------------------------------------------------------------------------------------------- [Lee group, round 2] No amount order data departure arrival buyer guarantor payment method payment status 1 3 2014-3-15 2014-3-19 barwizi OgNasty btc completed2 3 2014-3-17 2014-3-19 newguy05 OgNasty btc canceled 3 2 2014-3-15 2014-3-19 Powell OgNasty 1btc$1paypal completed 4 2 2014-3-15 2014-3-19 gallery2000 paypal canceled 5 1 2014-3-16 2014-3-19 Suave paypal completed 6 1 2014-3-16 host Bordomboy directly btc completed 7 3 2014-3-16 2014-3-19 bobsag3 directely btc completed 8 1 2014-3-16 host ryaner84 paypal completed 16 units are sold in this batch, only newguy0t's 3 unit is still waiting for payment, all other 13 unit have completed payment, thanks for your support, i will deliver the miner in 19 March as i promised ---------------------------------------------------------------------------------------------
Highlighted in Bold are the purchases of 5 miners for the group. Which i paid for in advance with my own BTC.
The transactions are here
https://blockchain.info/tx/dc34ec3375aaef7d7a6a071ee9b882a9a32e3e50bfcd8cb8868ed486b6bd2617
https://blockchain.info/tx/634872c1d25d72677295d102147823db91e8607e9152153fff37b45a7e5d145e
https://blockchain.info/tx/507b2eb0d4d8f92ece1ebe5102f4523e42c6a9320277bdbea10d79f3793c7e18
https://blockchain.info/tx/336b37f26d728f504735e413bc5bf381105411566956313e8ca1cba017c92304
https://blockchain.info/tx/ee4c96dd03441e8f386147a5102e42ea654449002d140763e583e56fdd660196
https://blockchain.info/tx/db1463432149eb59d7b35f313a5c9455a6a6fd13b2a96939eb3818f601461508
Please feel free to verify with the above quoted supplier and with Ognasty who did escrow. The total is 32.9655 BTC
So, if we look at the total investment of
A total of 28.95 BTC invested A total of 157k NRB invested A total of 165k NRS invested
There is a BTC short fall of 4.0155 BTC
So since the BTC is not enough, we add the NRB
Which was valued at 1.831395349 BTC
leaving us with a short fall of 2.1842 BTC
Lets look at the Policy that i instituted for NRS in the beginning, 10000 NRS ==1Share==1 BTC
This however changed when the prices started dropping so i began to use market exchange rates since it was my OWN BTC i was risking by allowing people to buy in with NRS and NRB
You'll see that NRS investments were adjusted based on price and everyone agreed with their investment share. [/u]
We now have NRS at an average price of 0.00004 which in BTC is 6.68 BTC meaning I have to account for 4.4958 BTC
On receipt of these miner i had to pay import duty and other taxes totaling +7 BTC (these payments were now straight FIAT out of my pocket)
Which again means i am owed a shortfall of 2.5342 BTC
SO UP TO THE RECEIPT OF THE MINERS, THERE IS A SHORTFALL OF 2.5342 BTC OWED ME
Initially, the miners were setup in my home, so that is i was incurring costs of 5kwh*24 per day in electricity costs
at a cost of 0.15 per KWH it amounts to $18.00 for electricity DAILY
The miners were in my home for 2 months so that is 18*60 == $1080 in FIAT costs to me which at the time is 2 BTC owed to me
Shows what we mined initially, of which we can remove the 4.5342 BTC owed me that means i need to account for 4.33043
The miners were moved to a hosting facility after it became clear that to maximize their capacity and to free me from watching them they had to go.
The initial cost of hosting was a bit higher because we had to pay extra for thing s like "fire suppresion" , the host facility was not originally intended for hosting. The cost in BTC was 2.2
Cost of hosting 5 x 1 TH
June 2.2 BTC
July 1.4
August 1.5
leaving a deficit of 0.769 BTC
There was additional BTC mined to this address
Meaning that i need to account for 3.07 BTC
We had a multipool idea brought up by Koontas which cost us 3.5 BTC
The multipool was a failure [/b]
I have been corrected by Frigga77 , i forgot the PTS and miscalculated the BTC by 0.2.
Leaving me to account for 4.37 BTC at this point
Again if you see misdirection, please quote it and we can delve into it further. If i leave out anything, it's not on purpose i would have overlooked it and if you point it out, it will be added here.
There is a host of costs i incurred and was reimbursed but cannot prove save for pictures, these are small but many , like the constant replacement of P/S i did for a while as well as power cables and extra fans for cooling. These are small and insignificant so i'll just leave them for now.
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