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281  Alternate cryptocurrencies / Altcoin Discussion / Re: Ixcoin TODO on: August 06, 2014, 03:13:12 PM


Community Update:

After discussing the issue [at length] regarding Frictionless and his failure to fulfill his most basic duties and responsibilities as a board member, with everyone currently on the board [including CEX.io] it has been decided that Frictionless will been removed from the iXcoin Foundation Board, effective immediately, by unanimous [democratic] vote.

Best Regards...


Is iXcoin Foundation Board a ficticious entity?  Can you point me to the foundation's website?

Maybe it's not obvious to you, but iXcoin needs more than "lip service" to move forward.

BTW,  I am selling the www.ixcoin.co ... the official iXcoin website for 50,000 IXC.  
282  Bitcoin / Hardware / Re: New Official AMT Thread on: August 06, 2014, 02:48:39 PM


Here's another picture of shipments and boxes.  They were shipped out. They were delayed in hong kong. Some clients have already received them. NOT ALL OF OUR CLIENTS CONSIST OF THE 20 PEOPLE THAT READ THIS THREAD.

Again, we are working hard to get everyone their machines and eventually going to try and upgrade people. Some nicer clients have recieved cloud hashing compensation while they wait for their machines. We're doing what we can and we are doing it on a dime because of IMETs fuck up and because of Lenell bullshit and because of our poor decision making skills. STOP writing shit, stop complaining, work with us to get what you want or keep up the crap

Why dont you guys buy some more hardware, we're selling again to try and bring in revenue to help fulfill MPP right.  Or keep complaining and trashing our rep, either way its beyond us at this point.

Thanks

AMT. 



The 20 people who read this thread are the same 20 people that you have defrauded.

283  Bitcoin / Hardware / Re: New Official AMT Thread on: August 03, 2014, 10:56:25 PM
Since you are selling off the extra stuff (which makes sense) did you come up with compensation for the late arriving miners to fulfill your MPP?

If not, what are the proceeds going to be used for? Legal defense fund? Are you just trying to get all assets off the books so that they can not be seized in any resulting trial?

If those are not the case are you going to be using that money to help fund the MPP?

Nice to see you skipping the middleman with the bitmine thing and working directly with Inno. That definitely seems like the way to go to get the most out of the miners that users their chips.


I'm hoping to see my miner arrive soon. Still haven't had that knock on the door yet.  

Glad to see the communication after that little drought. I'll just assume you've been making your way back home and getting settled in.

Just to correct, we're not "skipping" the middle man. We are contracted to Bitmine for A1 sales and we are working on sales for the icelandmine and will still buy from and sell for them as well. Inno is using us to help build their own miners and launch internal production, sales and developing ideas while creating miners which are according to industry standards, ie,1U/2U/4U server casing and support for enterprise sales. So basically, we work for them now. But we'l also be incorporating BE200, and Technobit boards into universal casing options, at least on the 2U. As we have an on going agreement with technobit, we encourage them to standardize their boards as well, like they have done with their Be200 board, same hole spacing allowing for a quick boards swap in the same case. Technbit boards are in general very difficult to incorporate into a standardized casing due to the heat, but we think we've finally solved that problem via placing individual modules side by side into 2U racks rather than the standard all boards on one heatsink plate approach. The water cooling technobit option is possible if we can get the orders to justify the margins. As we are never doing pre-sales again,  5-7 day delivery only, it makes it difficult.

We are selling some of the stuff just because we could use the funds and its pointless to let it sit laying around the office/warehouse anyway right.

MPP discussions will come later on, we're not ready to comment on that. We are trying to do something with hosting, but it wont be what you any of you expect and no one will ever be satisfied. Rather lets go ahead and mine some new coins together, we'll pay for the PR and then we'll all try to make our money back. An organized approach like that could work especially with some of the skillets our clients have.  just know we're not giving up like some of the other companies, we'll continue to produce and sell.

We've now incorporated in HongKong and have a small office now with a few staff members in Shenzhen which will supervise quality control in the factory. We're focusing on sales to EU and Asian markets rather than US if you can't tell already.

We'll relaunch US sales shortly, we are redrafting our terms, launching the financing program "FINALLY" and taking care of the class action. Honestly if it wasn't for this class action and clenell's bullshit we'd be much better off our clients would be as well.



Dude... you still owe me $6,000 worth of BTC mining equipment that I ordered last year.
284  Alternate cryptocurrencies / Altcoin Discussion / Re: Ixcoin TODO on: August 01, 2014, 11:28:17 PM
@JohnnyBTCSeed  - thanks for that, seems spot on...



There are lots of devs here, including me.
I don't understand the purpose of this coin yet.
What is it?



To do the things which Bitcoin can NOT...

Good one, I like that!

Its part of the grand experiment, no doubt about it.  Just ran the numbers, current block is 215866, hard coded last block is 227499, so 11633 blocks to go, before mining new coins ends (~558K coins), that would be ~1800hrs or 72 days from now, if the block time is 8.9 minutes(just a wild guess, I didn't look it up).

Expect volatility, it can be a good thing, if you own a few of these increasingly rare gems.  Ixc has inspired me to learn about how to build wallets from source & focused my goals on the issues involved in this upgrade.  Anyone who can do that for the BitCoin Core 9.2.x has a shot at this, Ixcoin is 99+% the same code, we just have to be absolutely certain to get the merged mining code absolutely correct, if it was easy someone in the NMC, DVC or I0C community would have it already, as far as I can tell they don't.

The way I see it, what happens to Ixcoin, is a time marker, one that will echo what can be expected to happen to Bitcoin many years from now when all those coins have been mined, and I'm old enough to know that its a pretty good chance I'll be dead by then, so what happens here with Ixcoin interests me very much.

Only a small investor, that bounty would push my share in the coins up over 30x, although I'm aware that the likelihood of my achieving it's full reward, before someone else gets there is near zero, being part of a team on this project is not out of the question, so attempting to learn the basics about crypto building & coding conventions, I've multiple decades of hardware & C/C++ experience, yet rusty might be the best word to describe where I'm at, brushing up those skills now, to hopefully be useful on this project.

GR

If you want to take a crack at the 0.9.2 upgrade, then go ahead.   If you got any questions,  then don't hesitate to ask me.   I did the port of the 0.8.6 version but really don't have the bandwidth to work on the 0.9.2 upgrade.

It however would be a good learning experience. 
285  Economy / Scam Accusations / Re: AMT users thread. on: August 01, 2014, 10:28:58 AM
I wonder if AMT customers should start pinging Bitmine for delivery of their miners.

Afterall Bitmine should accept some responsibility considering that they've advertised that AMT was (and still is?) their exclusive distributor in the U.S.A.



I contacted them requesting a refund because AMT was their distributor and the let me know I'd have to go through AMT. Even though I had explained in the e-mail that AMT was non-communicative and that they refuse to process refunds.

But if anyone else wants to give it a go on the front of them delivering miners to us I'd be interested in hearing how that turned out. They were essentially supposed to be churning out the same product just manufactured here.

I think every defrauded AMT customer needs to send an email to Bitmine.

Bitmine should shoulder some responsibility after all they directed U.S.A. customers to AMT.
I said that in late March... And more than 'some' responsibility. CM issues aside AMT was trying to use Bitmine board designs as-given to them by BM.ch. The BOM and pcb layouts were revised at least 4 times during production. Even then BM.ch still had not figured out how badly they blew the top heat sink needs. (ergo the TechnoBit boards) And that is after the delays BM.ch had in getting any remotely workable 8-chip design to begin with.

As for the many other levels of messed up - AMT all the way on those points.

No matter what the product, for something this seriously fucked up the company behind the distributor should be bound to be Liable for said distributors actions and inaction's. Can't say I've looked at the Bitmine thread in ages so don;t know how folks are over ther but if Bitmine has/is taken care of them then they need to spread the love to here across the Pond.

Definitely,  the said AMT was an *EXCLUSIVE* distributor,  that should mean something in terms of responsibility to deliver.

Regarding the Technobit boards..... what ever happened to them?

No we supposedly have boards coming from China.   
286  Economy / Scam Accusations / Re: AMT users thread. on: August 01, 2014, 01:30:45 AM
I wonder if AMT customers should start pinging Bitmine for delivery of their miners.

Afterall Bitmine should accept some responsibility considering that they've advertised that AMT was (and still is?) their exclusive distributor in the U.S.A.



I contacted them requesting a refund because AMT was their distributor and the let me know I'd have to go through AMT. Even though I had explained in the e-mail that AMT was non-communicative and that they refuse to process refunds.

But if anyone else wants to give it a go on the front of them delivering miners to us I'd be interested in hearing how that turned out. They were essentially supposed to be churning out the same product just manufactured here.

I think every defrauded AMT customer needs to send an email to Bitmine.

Bitmine should shoulder some responsibility after all they directed U.S.A. customers to AMT.
287  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Stellar on: July 31, 2014, 09:03:52 PM

Hmmm...  how is that snapshot supposed to work if bitcoin is held in an exchange (i.e. BTC-E) or service (i.e. Coinbase)Huh


I saw some block explorers that could guess if a wallet address was on a big exchange, but it's only a guess, and only for some of the biggest exchanges. Does stellar use this to attempt excluding exchange wallets? Even if they do it will still make Satoshi and big early adopters even richer.

Exchanges and services hold their client's Bitcoin in an address different from the deposit address.   That is why, when you receive coins, it is automatically transferred to another account (that you don't own).
288  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Stellar on: July 31, 2014, 08:30:46 PM

Hmmm...  how is that snapshot supposed to work if bitcoin is held in an exchange (i.e. BTC-E) or service (i.e. Coinbase)Huh
289  Economy / Scam Accusations / Re: AMT users thread. on: July 31, 2014, 07:28:45 PM
I wonder if AMT customers should start pinging Bitmine for delivery of their miners.

Afterall Bitmine should accept some responsibility considering that they've advertised that AMT was (and still is?) their exclusive distributor in the U.S.A.

290  Economy / Scam Accusations / Re: AMT users thread. on: July 31, 2014, 06:09:51 PM
It looks like Bitmine.ch has in stock their generation 2 coin desk models:

http://bitmine.ch/product/coincraft-desk-gen2/

"Hashing speed in nominal mode of 1000 GH/s (1 TH/s) minimum guaranteed."

in stock and shipping at the price of $1,599.

At these prices,  AMT owes us four of these models for the $6,000 we paid for one.
291  Economy / Scam Accusations / Re: AMT users thread. on: July 31, 2014, 05:24:19 PM
My order at 961 was delivered badly damaged.  It never worked.

Are you sure you didn't take a crowbar to it? Your machine looked like it got drunk and started running it's mouth. I think it was almost better not to receive it in a case.


Mrpark was shipped with a case and it also looked in terrible shape.

292  Economy / Scam Accusations / Re: AMT users thread. on: July 31, 2014, 04:46:51 PM
My order at 961 was delivered badly damaged.  It never worked.
293  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: July 31, 2014, 01:24:58 PM
The original intention of Ethereum was to raise roughly 35 million USD.

With 18,559,839 ETH sold at 2,000 ETH/BTC that comes up to 5.3 million USD invested so far.  

In contrast MAIDsafe raised around 6 million USD on their own IPO.  

These two coins are the strongest competitors in terms of the development resources that are backing the project.  The superiority of one over the other is completely debatable.  

It is however clear that Ethereum intends/believes that it needs greater funding for development.   Ripple is another coin that has strong development support,  I recall it initially have VC funding.  I am unaware of how much VC funding they received.

The crypto-currency space is becoming now more competitive in that coins are going beyond the simple cut-and-paste clone like Litecoin and moving to coins that are heavily backed by development.  It is anybody's guess who will come up on top.  



I believe Ripple has raised more money than either Maidsafe or Ethereum so far, at $9 million - and they continue to run new funding rounds on a fairly regular basis so I am sure they will end up raising a lot more than that. And of course that is just VC funding, we don't know how much if any of their XRP they have sold.

Etheruem may well equal that by the end of its sale though, because the way its structured means some people may be waiting till the end of the sale to see how expensive its become before deciding how much, if any, to buy.

Do you recall how much Mastercoin was able to raise?  

A strong development organization or community is critical for any crypto-currency.  They've been many complaints that the Bitcoin development community lacks funding.

Ethereum is promising in that at least they have their development funding squared away.   The same can be said about Maidsafe.

Money of course doesn't guarantee success.  Mastercoin a while ago had a massive war chest, unfortunately I think their development is dropping the ball.

Counterparty runs a lean staff, they've done much better than Mastercoin despite less development funds.

Bytecoin/Monero seem to have active developers, however there seems to be some infighting going on over there.

Development funding is a doubled edged sword,  if you raise too much then your valuation may be to high for any investor to make a profit.  That is my current concern with Ethereum. 

294  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: July 31, 2014, 11:27:58 AM
The original intention of Ethereum was to raise roughly 35 million USD.

With 18,559,839 ETH sold at 2,000 ETH/BTC that comes up to 5.3 million USD invested so far. 

In contrast MAIDsafe raised around 6 million USD on their own IPO.   

These two coins are the strongest competitors in terms of the development resources that are backing the project.  The superiority of one over the other is completely debatable.   

It is however clear that Ethereum intends/believes that it needs greater funding for development.   Ripple is another coin that has strong development support,  I recall it initially have VC funding.  I am unaware of how much VC funding they received.

The crypto-currency space is becoming now more competitive in that coins are going beyond the simple cut-and-paste clone like Litecoin and moving to coins that are heavily backed by development.  It is anybody's guess who will come up on top.   

295  Alternate cryptocurrencies / Altcoin Discussion / Re: Ixcoin TODO on: July 31, 2014, 12:41:55 AM
Thanks Friction.
Does it mean the IXC sent to that address are lost forever?

Yes,  the private key for the address that you generated is unknown.

296  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: July 30, 2014, 08:37:31 PM
I wasn't aware that Ethereum was working on a decentralized internet...

That's pretty much the whole purpose of our project MemoryShock Smiley
https://www.youtube.com/watch?v=GJGIeSCgskc

Skip to 50:00 for screenshots or refer to this handy pdf of the slides:

http://www.slideshare.net/ethereum/the-ethereum-experience


Thank you for that; I somehow missed that in all of the reading I was doing.

Any plans to work with Maidsafe or are they a competitor?

They are most definitely a competitor and probably not even on Ethereum's radar. 

Not on Ethereum's radar? It seems to me that pre-Maidsafe Ethereum was all about Decentralized Autonomous Organisations and contracts, and now its all about Decentralized Apps and making a new internet. Don't get me wrong - I like the expansion to cover more different things, but I suspect it was partly inspired by Maidsafe.

Agree with this observation,  that Ethereum seems to have tweaked their message to something about 'Decentralized Apps' that Maidsafe originated.
297  Alternate cryptocurrencies / Altcoin Discussion / Re: Ixcoin TODO on: July 30, 2014, 07:35:31 PM

I believe an alternative way to store our IXC are paper wallets.

I used http://cryptolife.net/upwg

On "Setup" I set the value on 136, then I went to "single Wallet" and click on "Generate new address" till I got an address starting with x.

I sent IXC to the generated address

Everything seems fine: the amount of IXC is in the blockchain

Now I want to recover them, importing the address in my wallet

I opened the last ixcoin wallet (0.8.6), I went to "Help", then "Debug Window", "Console"

I wrote:

walletpassphrase "mywalletpassphrase" 600

(600=seconds the encryption of the wallet will be disabled)

Then I wrote:

importprivkey "mysecretprivatekey" "nameofthewallet"

The answer always is:

Invalid private key (code -5)

Have you any suggestion to make it work?

Thanks


Use 138 not 136.
298  Bitcoin / Hardware / Re: New Official AMT Thread on: July 29, 2014, 01:27:33 PM
Do you know what the status of order #847 is? I have not checked back in some time. I saw it was said that nearly all orders have been shipped. Is mine among them? And have the 1.2's been upgraded at all?

I don't recall anyone having a working miner shipped by AMT.   Can anyone chime in?
299  Bitcoin / Hardware / Re: [Guide] Dogie's Comprehensive Manufacturer Trustworthiness Guide [Relaunched] on: July 28, 2014, 02:22:26 PM
AMT ethics?  5/10 ... utterly ridiculous... should be 0/10.

They have no proof that they delivered a working model to anyone.

They sent a bounced check to their original manufacturer.

They shipped broken equipment to their users.

They never accepted RMA from anyone.

They don't even have a legit office!

As with the post a few up, I can't punish them for an ethics infraction which doesn't exist yet in the guide, and we don't actually have proof for. In the future they may be hurt with the addition of a 'legal action' infraction. They have/did have working models, I've seen them.

There is no evidence of a working 1.2 THs that has not failed.  Can you point me to one?
300  Bitcoin / Hardware / Re: [Guide] Dogie's Comprehensive Manufacturer Trustworthiness Guide [Relaunched] on: July 27, 2014, 09:14:27 PM
AMT ethics?  5/10 ... utterly ridiculous... should be 0/10.

They have no proof that they delivered a working model to anyone.

They sent a bounced check to their original manufacturer.

They shipped broken equipment to their users.

They never accepted RMA from anyone.

They don't even have a legit office!
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