Only 5% of them need to be sold at that price to fully cover all of the ACtM debt.
Once that debt is settled the remaining shares or BTC will likely be given to a safe third party for distribution to the victims of Uyko. This is entirely legal and right.
You don't get my point. In a worst case scenario I expect the rest of Ukyo's wealth to be distributed proportionately to us, the debtees. It is not in our interest that one entity gets his isolated cut before. I suggest to create a new closed thread dedicated to Ukyo.Loan debtees to discuss the resolution constructively. That closed thread should be accessed by Ukyo plus deptees above a significant amount only. I would say a reasonable minimum is 10 BTC? Any opinions on that? I have the impression that everyone wants to have a word in that and the lower the involved amount is, the more non-constructive the words are. Do we have a list of BTC addresses who are involved into Ukyo.Loan? This sounds like a good idea. Can you set this up? I think it sounds like a good ide to. Here is the asset list for Ukyo loan: Ukyo.Loan 20 1Bd1b6aMWAwBamevUnExhcYR4F3KzpdQTd
Ukyo.Loan 1 1KrxecCGj1PD458Lfd8xx54KmQm77tXzVA
Ukyo.Loan 105 1DiGXfCS6VoT3wyBkgMeG9STdCTdsCu6Hq
Ukyo.Loan 17,595 1ASJ4PY3UqT11VaEwznTLRnhRZADxKAAMd
Ukyo.Loan 357 1D7TsFBFofQn7ZMQfNHGjsZLrKrvBDbfMq
Ukyo.Loan 19 15QScuqgNzKkrju65fSw6fUSXevGjN7E8m
Ukyo.Loan 62 1B9FuVRbJQBm1RDkrVzQnHbGi6MFmDCh9u
Ukyo.Loan 6 19Ei3TRu6xQRyKfvXC9b4ibGy3fUTPwj5Y
Ukyo.Loan 102 1L4nxiYvuS4tbP9n1gi28J9iUSt22asQYf
Ukyo.Loan 3 1Lyp4Ay8xJWEdEtbNntVKjj8BbH6ALs9a9
Ukyo.Loan 365 1donutMH4L7kdRqh4xvSvesfd3KFu3UNm
Ukyo.Loan 2,166 1CyEbtvE1hTCkayPN6BX6gn7jqhfab8GUT
Ukyo.Loan 4 1Kn78fvoyQeifShQkukVqm11jFV7UYurZE
Ukyo.Loan 7,450 1DLXciNM6Bzi6NF6RTXnYgfiwUvnZsGtSf
Ukyo.Loan 1 1F8wwTDg4JhTKBAPkFF5aJTV6Fgi31nBc9
Ukyo.Loan 5 19MSCX2fcRQUBsGAL1eitBejMXpf7ZpMbU
Ukyo.Loan 100 12PJgCriY6PDXvtYQdsAeCgaqbwSPmshqb
Ukyo.Loan 88 1F9HhHM5YeNyLZnMA6r5F4RAEHdwgQa2hm
Ukyo.Loan 14 19dPnrZXtLqaiihmYXQqFYn7Y1fndZiLF6
Ukyo.Loan 15,000 12PWGTu6EaspuL5uTxxmuXicvATQ8gXjPM
Ukyo.Loan 259 1CwTaRJj2ExsC6tBvdutnMAyJELPAaZdZ3
Ukyo.Loan 730 1N9SW1UqrC4GUDLbLenaznE3LkU3javL1r
Ukyo.Loan 1,501 1DviF5vwPD2Hvn589uXgB8H4Jh5sGZZbs6
Ukyo.Loan 1 1F9xpLoDfuCgsaK7jqQTkVEoU1jgWTh5gY
Ukyo.Loan 2,680 1KDRLrwgrLX7NycCNAtLuLk7x6sJHWDy56
Ukyo.Loan 970 18xXcUQ8vyfty9JPdXSRVCw4pWpcVDr4Db
Ukyo.Loan 749 1Xdc9KwMw6FFWScwZmBK4hUT8fHQGQG6F
Ukyo.Loan 5 14rQrCWatxAzBhFx4UcQc48WF7nSzdU6HZ
Ukyo.Loan 10 13vPRLgoruCAdXnoc8NNKgUwniQ4ZSmSmk
Ukyo.Loan 6 1EHWWPsqdsGeuB5XBx2daAhFUf3KVMfws2
Ukyo.Loan 3 1ALLoneEetLKNYcJhzbLr9xdenMapoEoPo
Ukyo.Loan 725 1A6z4u8yaEbCLv1CfPgU6MZ41CNLcJPaCg
Ukyo.Loan 2,110 1MdPwq8tdu4a3kYjtoBvTGdCUpP1qjpXGo
Ukyo.Loan 33 1nFe55ncihZfYXMH1dPBpSzkuqy9gJSmL
Ukyo.Loan 1,924 12rZ83s4wjur5W4CVTXiJGsSHfXiuPFWn5
Ukyo.Loan 400 13yugH9QA5pX3dqnjGLufQdWVCX3xDAdpC
Ukyo.Loan 208 182TXYGT3NPNJyaqMbH4cGpPc4WSMpXi3t
Ukyo.Loan 3,036 1JgrxkAbiCUnhY7jYJ5Vkiisx4DynNxCD9
Ukyo.Loan 30 14BfrXYcvJduNuiTuvHGjsxYYkPvGAVVwq
Ukyo.Loan 24,746 1HY6G8DiHfBZ7LdpcVcsQfzxf8uFrFKYUE
Ukyo.Loan 4,000 1Ge1N1XmL6jF89S9UULToyecYy46kf7fhV
Ukyo.Loan 180 1QHGPxrFudgx7k1MnVZiDN6uWueeQRagWA
Ukyo.Loan 5 1KKqaYjpaoN1rtmXKsskcWv9ow83aenDYc
Ukyo.Loan 10 18Gq3mWyPhRs7hb9YSfDdpwUmoS5DNXWnM
Ukyo.Loan 450 1CKceVD5diJJe4aJPmk6dCc9HwNjB23Mza
Ukyo.Loan 166 14xGDtokDwywo1NUaoi7xBr2X4qQm7t7LQ
Ukyo.Loan 1,665 1EAy9DXiKYGcshH7eTJd3P2Fs1iK8CTrPH
Ukyo.Loan 389 1MnQrZSQ4mfuwr2P3i2uDp8FoB1bSoo4bC
Ukyo.Loan 132 139i2UHmKW2vhtHiEKKf3qWgnuyYwDL27i
Ukyo.Loan 188 14KZZgaR7zrUYpZpnCTo2NoVW1McrAWDu6
Ukyo.Loan 100 1NnFPNpjF9a4MoCvdUtmTmfyu4AFyhbyAs
Ukyo.Loan 102 12kzxG84KvTdy8zf5u51DqDsK9bx8j43Tk
Ukyo.Loan 1,234 1DLHHuzuB3nwqthDujsHseiZ4iRDhoStPp
Ukyo.Loan 360 1GPkvDnehaTZhEjb9DiSqNLVUwXy2QFiiT
Ukyo.Loan 30 18SaDx67m77Qah4Lt1t5vrwY3SwMoDpqPA
Ukyo.Loan 10 18GFXfrpx2KPUV1vxWvomFqMsmnDMvqWmu
Ukyo.Loan 1 1Lf6CLUqygovkHent2pn1r3MU2MVe7UnGc
Ukyo.Loan 5 1Gsxj5rNTAHHdufqF75tkk5D5dFVSVvR3u
Ukyo.Loan 15 1KXuL99qRhsQDsLL8QweXkxAWkuSpxczut
Ukyo.Loan 3 1DtMF4jown4TEGPKTUqRYjzRqSixzVBTxF
Ukyo.Loan 7,695 1Mn65Q9Xm6NBoPdF8ppS3AzgRLt92ZKtTq
Ukyo.Loan 800 1MTYRSbeuNeQmxTmMUs6tPFD1XFebS9vah
Ukyo.Loan 961 1Ga12ci662rFAMazWGNkuT9yf4BfSCEA4R
Ukyo.Loan 461 1LJsgsSSemzKkZ56SC9wRZ1FUASAqPU2VE
Ukyo.Loan 1,646 16oxB9aui7X4DFYJmkGF75Pvz76NiHdgXh
Ukyo.Loan 8 19Ei3TRu6xQRyKfvXC9b4ibGy3fUTPwj5Y
Ukyo.Loan 163 1FALKEDavPSA8phx9rZNYd3N32YdjWgn8A
Ukyo.Loan 300 1AzThCepg5Pf9pJQHMBkH6JpR75xRCb4pT
Ukyo.Loan 2,278 16WXJw9ab2zG4okSqicDKeQ1vFJVPJ1Jkd
Ukyo.Loan 1 1dxtmjFanEcHuFpJ5zJbJf6TcFHDxh4xM
Ukyo.Loan 2 1FJTUC8iG36izauKLhVvAHFvGqKbF7EijQ
Ukyo.Loan 285 1McktXu1X4NrTSurrZK5oq7frvfqGp8UuR
Ukyo.Loan 2,057 1btci44qRvsLtahoyqEfJXXKzhQAFT7Gp
Ukyo.Loan 33 1NXKZLRDMkmsPua593DwV17bxKmwZfZ1Z2
Ukyo.Loan 131 1LkBigXhDf7zrw9wgKZXgibfmtJmB45pVg
Ukyo.Loan 4 1EmrbLDymA6WKHBZfXeA2sXFvp2FrHDmwe
Ukyo.Loan 600 1LXxF8VTeQh6eMDeu7Cc5aT3942mBM652g
Ukyo.Loan 3,200 1AbyfrvNyoEkyT993aPz3x4zajeXp188Wj
Ukyo.Loan 5 1hu3JaGFvWwe7toZ4mN9DPYudi7kiNUac
Ukyo.Loan 40 1DvWi52WspodvcWMvwwqhgYJRWKLGhpNC5
Ukyo.Loan 1,100 1LCN6NyhTcNXpsmY1Lk7meQpQzU4yrGKY1
Ukyo.Loan 1 1CtukaguQJcAxa7RaazZNaSGNDjab6FXJX
Ukyo.Loan 8,955 1FQLUf2cnS5gbEyxhbxEVkURVJ76DJHFej
Ukyo.Loan 70 18LgTs5yuY4Afe3KETLxzZf6kDkGhQRnHJ
Ukyo.Loan 4,000 1MighUVrT8znhm8VUvT2yVJz2Yba1SzTEF
Ukyo.Loan 300 1HnMN8j7PV5tqydxCP42u88wu7nbXUuTgU
Ukyo.Loan 217 1DsUJ6A8URhYaFcxXvx3rjfB56bpQYDEvr
Ukyo.Loan 1,500 1CgnF6z4hvSnDUm1ATpZb1YFWJKZBBMF7e
Ukyo.Loan 12,036 1Hsgn7nXC8bPTm2KGNwyEv7dLEhCWv5s7t
Ukyo.Loan 70 198ZPTXTUHa4AdUPuLDNMzNu8LdQyC9Xgk
Ukyo.Loan 35 1A1YSQzaEHdppiGz71d9kKdKU22BhJ41E9
Ukyo.Loan 735 1MWPSLU5QW5YnwztWxGgspzTMPxiAv8k3A
Ukyo.Loan 448 14GMyJV3g8yqm51oRzYfirE1Jg5qMqkLjz
Ukyo.Loan 80 1LszQwcpyVsHAGaEu3KaTaTo6hp1VgqBCF
Ukyo.Loan 13 1HaKNzqBXA44tV7k7TZRaAuHTfPb6LaXf8
Ukyo.Loan 6,980 1CYxgqk4eHgrDEActFKiD4zztdNKr6u3Gr
Ukyo.Loan 16 1Lsx3c1mXgzSm5rVAKoFaT5Wf7Kmfe6vbJ
Ukyo.Loan 708 1D5s4qkXz5W33URjmrJWoTnujvQyjQjHbC
Ukyo.Loan 1,915 1BSheaYT4yLPGbrVLBTHomds1H6sfkPkCf
Ukyo.Loan 1,500 12sSovogPEPn6SwmTU5omVzpvKNPw9TUdY
Ukyo.Loan 333 18AejeE1Bj8ZfxFXib67FbDnyQMeg4YCaV
Ukyo.Loan 33 18kM8Mff9M8H3hnjHeA4W95kFhHetD9TyN
Ukyo.Loan 7,762 1N2P7f3B1qNm3h6mtFU2CeE6FXGG4fNCnS
Ukyo.Loan 1 1PBN7yhi6JLEa6VV31npGLV2ehrepoYdyR
Ukyo.Loan 2,305 18J8YqsZqnEs9ZXFmsCozbHa4uMxCURP5F
Ukyo.Loan 98 1FwZX8ZUcSYejVZvWrbZ9xdyHarLfWqHsJ
Ukyo.Loan 200 19uVE3VWS9r1JyzN6uUUzCUsWJWBtkg2tx
Ukyo.Loan 100 1Lj4MXfZNuLPE3dtiat6Sb32uFf8oxEjN2
Ukyo.Loan 1,000 1Q1qUfAZTBo6KvWBGXnmqkcsHJXmqjuh12
Ukyo.Loan 46 1BzE13qJKnmUwv5fuRANmy1QjbrkjiRtgX
Ukyo.Loan 42 1FV1dzKhyCzpZZpiaD9rsLkH8qkrmckRU9
Ukyo.Loan 129 1GngL2q2C3zEtqmZDYozj9owqbG8qocAL8
Ukyo.Loan 6,722 1GYZyoeZFBbvY9dak4PVBa5MNNuVNRVLw
Ukyo.Loan 22 1LbBEyqBvBGjju6EKWL6XhrN1ZrrL6BDju
Ukyo.Loan 11,479 1rHfXj4AwH9zymwwJuXnbXLiDbAE9V1uz
Ukyo.Loan 812 1NRi3MXPoPJujKSdknoZPFNewsWp7qnHs
Ukyo.Loan 600 1PAA9WHBJ221eMgRrNHiRrbBiwNw8TwQTe
Ukyo.Loan 1,392 1GwVpRYhX1Vb7vbAjPyVDmLXaPu7PVfJgo
Ukyo.Loan 5,879 1EdK3pLnWTLZ9LXRpZ5nnfcoCMTXWaPabf
Ukyo.Loan 2,746 1BNohMcNtuDtekiN3kpE52Ei5YXN5tViLH
Ukyo.Loan 1,052 196twf3AbUNqGVd2dj9AUP5Fb6KY9kLkit
Ukyo.Loan 474 13t7yBPPStby4qWbUyG4HimoLE97jNvfcG
Ukyo.Loan 3 1CvWk15yRrVQxjPiKuMUK8ikRA85hVHpTu
Ukyo.Loan 1,000 1G4gDC56KPeEXi7CmRZ2yaAD5utnM35No4
Ukyo.Loan 30 1BJqUtzZYLc45PJYTaLxRzX1GPVChQNbGi
Ukyo.Loan 250 1AgaNdx1LqZUfxCheFYwEftTiRb7Zimk5r
Ukyo.Loan 697 1JXZTSGtbAuDMYZ8RibmocBVhVzqmjQBXm
Ukyo.Loan 810 19pUDPc4ZaQ1tSXh9WVhKH4PLNA83ZBRU4
So there is 128 addresses/people in total that have loaned Ukyo money in his loan and we are for example 14 people that have 4000 or more shares, 23 with 2000 or more shares and 36 that have 1000 or more shares. |
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Whats up with the site and the certificate, when is it expected to be back up again ?
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If I recall seeing how this guy who owned BTCquick copied my business model. I think he goes by the name of MAC on btcjam but I could be wrong it was so a year or so ago. If its not the same person they are very closly tied, and he can help you get a hold of this guy.
My guess is the same thing that happened to me happened to him... CHARGEBACK CHARGEBACK CHARGEBACK Credit cards and bitcoin do no play well
Ascension here on bitcointalk goes by the name Ascension on Btcjam to https://btcjam.com/users/419 and he has a flawless record at BTCjam, he has loaned 589.88 BTC and paid back all loans on time for a total of 630.63 BTC. Ascension and MAC is two different persons, Ascension is running BTCquick, MAC is having lots of different project he's doing, he have loaned Ascension/BTCquick money way back in the past and i think he have shares in BTCquick since long ago to. I think most people on btcjam would agree that MAC is the most trusted borrower on btcjam. He also have a flawless record, he has paid all loans on time, 1761.16 btc loaned and 2043.09 paid back. |
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I am just wondering if a lot of miners would stop mining (I know this is next to impossible) could the bitcoin difficulty go down instead of up? Thanks
Yes the Difficulty can go down and it has in the past, but it will most likely only be for one or a couple of difficulty changes before it will start rising again. One possibility would be if for example a very large Bitcoin mining farm would be down for a longer period of time for example if there having technical difficultys or need to relocate to another country or sells the hardware because of electricity cost is making there mining less profitable or unprofitable. Another possible could be if bitcoin price would make a relatively rapid and big change down in price(ex 10 000 usd/coin down to 2000 usd/coin) and it stayed there for several weeks/months sometime in the future when the "normal" hash-rate increase per difficulty-period is small(1-3%) that could lead to people in large numbers would stop mining or selling/relocating hardware to places/people/country's where electricity price would be lower or in some cases possibly even free. A third possibility would be that large amount of obsolete mining equipment would end there life as seasonal dependent heating devices replacing/backing up existing electrical heaters witch could then lead to that difficulty could see some decrease in the spring/summer period if the majority of those miners is located on the northern hemisphere. Last time bitcoin difficulty went down was 23 jan 2013 when the difficulty went down 8,64% Date Difficulty Change Hash Rate Feb 05 2013 3,275,465 10.33% 23,447 GH/s Jan 23 2013 2,968,775 -8.64% 21,251 GH/s Jan 08 2013 3,249,550 9.06% 23,261 GH/s |
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Have you considered NAV/U control like BTCinvest?
This seemed to ensure value and share price were in alignment. This is something i would recommend
Can't say we're familiar with this. Didn't find much info about the mechanics when we searched but if you have a link to how it works we'll gladly look into it. NAV is Net Asset Value and NAV/U Net Asset Value per Unit(share). So if a share price is 0.005 like in your case and cryptostocks takes 0.15% in fees when people buy shares then after the first share is sold and before you started doing any trades the start NAV would be 0.0049925 btc as that is the total amount your positions would be worth 0.0049925/1 (share). If you for example after a few days and with for example 100 sold shares (0.49925) and before the dividend is payed would have turned that to 0.575 btc then the NAV/U would be 0.575/100 = 0.00575 btc and if it was time to pay dividend to shareholders it would then be 0.0007125 btc, ignoring what fees would eat up on the way back to cryptostocks. NAV/U wouldn't be that useful to report once a week or something thou as you are to pay out all profit either in the form of dividend to shareholders and the rest to the administrators anyway. |
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Pardon me for being inquisitive, but if you're able to get 125% / week, thus more than 3000% a year, why bother with looking for investors?
Maybe I mis-spoke/typo'd. Is there a specific part where you got 125% weekly? I re-read the whitelist and my posts and didn't see that but if I missed it could you let me know so I can fix that To your question though, if we were getting 125% every week then we'd probably not need investors since we'd be busy swimming in our pools of money. As I said before though a really good week for us is 100% but some weeks are only 5% and a very rough estimate of "average' returns would be a range of 10%-50%, and even still some weeks where we lose money or basically break even. As a whole though we've come out ahead consistantly enough to feel comfortable expanding our portfolio to the public. We think if we can combine a good part of our funds with investors then the sum of the profits will be very much worthwhile to us. Bear in mind we (after the first month) are going to keep 35% of the profits, alot of projects on Cryptostocks give 90% of the profits to shareholders (supposedly anyway). Please let me know if I didn't answer your orginal question or if you have anymore questions. -Tom If you don't need investors if you were getting 25% every week in return i can't see that if your true average range of return rather is in the 10-50% weekly return it would be any different, you would still "be busy swimming in our pool of money" as you put it. (10+50)/2 is 30 by the way, 30% is even more than 25%, just saying.... |
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Has anyone here contacting CEO of btcquick over the phone number. I am really a bit worry that our money invest in this company is gone!!!
Is that because BTC value largely increase, thus he think he has no more interest on operating BTCQUICK , since the BTC in his hand already a huge amount.
I found all the problem come after the huge acceleration of BTC price....
I had the impression that BTCquick bought the same amount of btc at the same time someone placed an order for btc and therefore never lost on usd/btc moves, i could be wrong thou i never looked at how it worked closely. The current problem as far as i understand it is that us has probably sent out guidlines to us business in the bitcoinsector in the oct-nov-dec 2013 timeframes on what they have to follow to be allowed to handle USD/BTC trades. To accept customers in most, 43 out of 48 states companys need to register as money transmiiters and it's probably a bunch of other things needed to be done to, cryptsy for example mentioned licensing costs of a million or two usd to register in all states, so it's probably better to have the business entierly on non us soil or just target international customers and no us citicens at all, so i think there reconstructing things a bit to be able to make things work as good as possible in the future, just a guess thou, we really need to hear from Ascension when they got some updates. |
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Can you please post under your real bitcointalk name and not under an alt with 1 post and 0 activity so we know who's behind the listing.
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https://cryptostocks.com/announcements/1006"Announcements Ticker JDBIF - Joker's Dragon BTC Investment Fund © 7.7 Date 06 Mar 17:38 MtGox bankruptcy and JDBIF recapitalization. JDBIF was severely damaged by the Mtgox bankruptcy. Recapitalization We are working hard on last two weeks with our HKFG (Hong Kong Financial Group) partner to rebuild our bankroll as soon as possible to ensure the continuation of the best algorithm operation on the BTC market. We are not inducing any undesired panic and we are pretty confident that we going to be sucessfull with this rescue plan. We also see the current JDBIF shares value as a strong opportunity to any interested investor." The scammer Joker is coming with yet another insane claim, no one sane would keep any significant sums at mtgox especially when they handle other peoples money.
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I agree that it's possible that cryptostocks might be getting kickbacks.
When we created our account, immediately we sent all our information for verification. Even with all this going on we still have not received anything back from cryptostocks. We send image for the home page to be recognized more, but all the miners images get posted such as COIN which disappeared within a few days.
It makes it extremely difficult to start an legitimate IPO, when the service you selected is doing nothing to protect from these scams.
Cryptostocks owner, (I am assuming one person) need to improve the customer relationship or it a sinking ship.
Yes they need to improve there customer relationship. The owner of Cryptostocks is Kumala https://bitcointalk.org/index.php?action=profile;u=41776 last logged in March 05, 2014, 03:30:37 PM on this forum so you should be able to reach him by PM here on bitcointalk to if you need to get in touch with him. Kumala is also the majority(70%) owner of Vircurex exchange. I did read somewhere that Cryptostocks is under Vircurex as in owned by Vircurex/registered under it, if that is the case you probably have a few hundred small partial owners of Cryptostocks to in the form of shareholders in Vircurex but i haven't seen Kumala either confirm or deny whether Vircurex owns Cryptostocks. But in either case Kumala is the one running the ship on those two company's. |
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What the hell is going on. It's obvious at this point that FIREMINE/ALTSWAP/MINECO/maybe others? Are a SCAM!!! This "hack" has nothing to do with cryptostocks, altswap is just trying to rip all of us off by dumping all the shares they have to clean up the order books and abscond with the money. They even went so far as to issue 100000 more altswap shares to clear the really low buy orders out. What is more absurd is that their mineco is still listed, and being traded! All of these listings have the same owner " info@altswap.com". This is freaking absurd. Why hasn't cryptostocks come here to a) Refute claims that they are easily hacked and b) Warn traders about this OBVIOUS SCAM!?!? After seeing this thread I lost 0.12 BTC to altswap assuming they were acting in good faith. Had cryptostocks been paying any damned attention to how altswap is manipulating their system, they would have halted trading on these SCAM stocks immediately and refunded as many traders as they could out of ALTSWAP's account balance. Scammers will be scammers, but cryptostocks.com making no attempt at all to monitor and resolve this situation makes me extremely weary of their service. Could not agree with this gentleman more. Obvious firemine, mineco, and altswap are a singular scam effort at this point. These are only a few in a long-line of scam-shares that have been posted on CS. The fact that the CS admin can lead one to only one of two conclusions: 1.) Some sort of obvious kick-back in the aftermath of each scam 2.) Admin is earning so much with transaction fee's he figures, if it ain't broke (insofar as to what it earns me) why fix it? There's no doubt that FIREMINE/ALTSWAP/MINECO is a scam and it's unbelievable that CS allow them to keep going, one second they claim to have been hacked, the next they are leaving CS and after that they try to promote there next scam MINECO, can CS/Kumala please be kind and explain exactly what's going on there. 1) The know kickbacks Kumala/Cryptostocks gets is 1 btc per listed project so 3 btc from this obvious scammers listings. 2) 0,15% from both sides on bought/sold shares so before the mess started in altswaps listings maby 35 btc*0,003=0,105 btc from altswap and 63 btc*0,003=0,189 btc from firemine Mineco seems to have sold 150 shares so 7.5 btc*0,003=0,0225 btc the rest of the 5020 must be a few that transfered over shares but i look more likely that it's alswaps way of scamming investors from the dividend that they now pretend to be paying some of, but in reallity most of it is probably going back to themselfs throu accounts they control witch would be breaking Cryptostocks rules as the issuer is not allowed to get dividend on the shares they have in there possestion. Each transfer(not per share as far as i understand it) Cryptostocks take a fee of 0.005btc*2(both the one trading in and the issuer pays that) for. The 0.01 per stock that firemine announced for traing in firemine to mineco goes to firemine. Each withdrawal Cryptostocks charge 0.005 btc for. If Cryptostocks actually takes bribes to let actual and obvious scams to carry on scamming people on there exchange i don't know, hopefully not. |
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60% annual income on investment sounds very low for scryptmining profits and low for btc mining profits for the next 12 months based on today's difficulty and reasonable assumptions on the future development of it unless you by that mean 160% ROI year 1, 60% return year 2,3,4....
But either way how did you come up with that number and how can you even estimate/guarantee any such returns that far into the future ??
Because right now we have approximate return on investment of 11% monthly, therefore considering distribution over the year according to difficulty raise and estimating expansion with new equipment we came to that number as one that can be guaranteed over the year of mining. Right now we mine 0.033 BTC a day with ASICs plus 0.008 a day on Doge, total of 0.041BTC a day. We purchased equipment from reseller in January for 1150$ each 50Ghash butterfly, 700$ block erupter and scrypt rig at almost 2000$, total 7300$. Right now we mine approx. 26$ a day (at 650$ BTC) less expenses, specially electrical bill. If difficulty was not an issue we would have mined over 9000 a year (if BTC stay at or over 650$ each), but we consider it and will replace all ASICs with or without an external investment. We have plans to purchase Cointerra 2 Thash and we expect 600 Ghash Monarch from Butterfly that was pre-ordered for 2138$ plus shipping. Also we will order new GPU for scrypt mining that costs 1100$ each for 1300 Khash We have buyers who will pay 950$ for each 50Ghash Butterfly and 380$ for block erupter. So we expand our operations regardless of any investment. We cannot guarantee anything beyond 1 year of mining, because BTC difficulty is unpredictable, its price too and Scrypt coins depend on BTC heavily. But it is in our interest to make this business profitable to profit from it ourselves, otherwise it would have been pointless. Your current hardware you have is rather inefficient, it draws relatively large amount of watts in relation to it's produced GH/Mh, what usd/kwh electricity cost do you have. I get the scryptmining you menton to be a loss for you at 0,13usd/kwh or higher at the moment you would probably be better off selling off those GPU's and get something more energyefficient maby some amd cards at around 3kh/w or nvdia's latest 750 TI with maxwell cores at 300kh/s 38.5w or even gridseeds scryptasics for 160usd(in quantitys of 200-1000 units)/350kh/s 7w Those 260 gh/s sha256 miners still produce something but at 5w/GH there remaning productive lifetime if you pay anything for power will be rather short, i think you would be better off selling those for the prices you mentioned and at least get a KnCminer at 500+ GH instead, those really shouldent cost to much now(with 5995USD CoinTerra TerraMiner IV 1700GH(?) started to be delivered now and KnC's 9995USD 3000 GH machines coming soon), they were 5000-7000 usd back in oct/nov when they produced way more bitcoins than they do now. As for the butterflylabs monarch(wasen't the monarchs originally inteneded to start beeing delivered in december ?), that company hasen't exactly been known for delivering in time, so one can only hope you get that one when they promised you to deliver it. |
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Don't know if this is another hack or just blatant acknowledgement that AltSwap was a scam on Cryptostocks: [ALTSWAP] Altswap will be delisted tomorrow!
Hi investors,
Altswap shares will be delisted tomorrow. I'm sorry for your loss but we had a huge electricity bill for our servers this month and we spent the rest for alcohol and whores.
Faithfully
AltSwap Team https://cryptostocks.com/announcements/995If such things is posted by Altswap/Firemine's? projects it dosen't exactly increase confidence in how Altswap/Firemine or Cryptostocks is handling things whoever is behind it. |
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Remember that something that sounds too good to be true, usually is.
There have been instances where pre-paid cards and vouchers have been sold by criminals engaged in black mailing and other criminal activities, and once you touch that card or voucher, your ip is logged, and if the case is big enough - you will have police at your door, and they confiscate equipment without asking you. This has happened. So stay safe, stay away. And if you chose to interact, do it with an ip that's not your own - and hide your tracks.
After some research it might seem like bestxchanger is legit, but be careful. Who gives money away online for free?
250 NOK what could that be, something like 42 usd, i think the risk that whoever uses the voucher will be on anyones top list of priority is very small. I have no ide how ucash works but i guess someone can just buy something digital behind a proxychain if there the least worried that there might be a small chance something is wrong with the vouchers origin. Maby you have seen free fauctes giveaways, free coin giveaways for new altcoins, free money/btc to gamble on casinos, frerolls in poker(there used to be 10 000 USD freerolls in the past on the ipoker network for example) and so on, there is many people that gives away money/btc online, usually in small amounts thou. There has been police cases where receivers of low value prepaid cards exchanged for virtual currencies have had their homes raided and all electronic equipment confiscated. I cannot give details, but don't be naive in cases like this. Just to give a hint: There's been cases of blackmailing of online bookies, where the perpetrators have been given ucash as payment to stop ddos-attacks. These cards are closely watched by law enforcement, and once they're used, shit hits the fan. And it does not matter if you're innocent or not. You don't need to have much fantasy to imagine what kind of stress can be caused from this. Once the criminals have exchanged the ucash vouchers for bitcoin, they've successfully laundered their ucash vouchers, and made it hard to follow them. Typically they will play on the greed of the buyer: You can have this ucash voucher worth 200 USD for 150 USD worth of BTC, are you interested? I'm not making this up. So consider yourself warned. Your probably correct but here someone was giving those vouchers away for free if i understood it correct. It woulden't make much sence if someone first obtained such vouchers illeagally to then give them away free. But like you say it may be possible that in some countrys people could be treated like you mention without having done anything wrong, surely in those countrys the gov. in question should learn to do there checks better before storming into normal peoples homes, the end result of such illeagal actions by the gov should end up beeing a coslty affair for them. |
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Remember that something that sounds too good to be true, usually is.
There have been instances where pre-paid cards and vouchers have been sold by criminals engaged in black mailing and other criminal activities, and once you touch that card or voucher, your ip is logged, and if the case is big enough - you will have police at your door, and they confiscate equipment without asking you. This has happened. So stay safe, stay away. And if you chose to interact, do it with an ip that's not your own - and hide your tracks.
After some research it might seem like bestxchanger is legit, but be careful. Who gives money away online for free?
250 NOK what could that be, something like 42 usd, i think the risk that whoever uses the voucher will be on anyones top list of priority is very small. I have no ide how ucash works but i guess someone can just buy something digital behind a proxychain if there the least worried that there might be a small chance something is wrong with the vouchers origin. Maby you have seen free fauctes giveaways, free coin giveaways for new altcoins, free money/btc to gamble on casinos, frerolls in poker(there used to be 10 000 USD freerolls in the past on the ipoker network for example) and so on, there is many people that gives away money/btc online, usually in small amounts thou. |
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Foremost, I am the President/CEO of PM Poker, SA, which owns Quinto BTC.
Seeking investors for a Bitcoin business is extremely difficult, given the bad press on Bitcoin. So it seems the most logical solution would be to seek investors from the Bitcoin community; Bitcoin holders who are already aware of the digital currency and its present value. After reading favorable articles, I elected to use Cryptostocks to seek investors for my own company, Quinto BTC. I would note though, that none of the articles I read mentioned anything about "Bitcoin mining".
As for all these claims of hacking and losing shares, ironic that it is only the mining stocks that have these issues. When investors are sending funds to companies on Cryptostocks, they are doing so at their own risk, especially since Cryptostocks does not verify anyone's identity. In my opinion, this should be an integral and mandatory process for every company seeking investors on Cryptostocks. It would add some layer of protection for the investor, and would benefit Cryptostocks as well.
Security is critical, if accounts at Cryptostocks have 2FA, then reset password also requires this level of security. Cryptostocks, please change this policy as soon as possible.
A little due diligence can still be done, so the investor can have more confidence that their investment is being used as publicized. We've all seen/heard of the scammers who publicize an investment in a company, only to see that "company" spend 1BTC, then earn 90BTC, then disappear. This is why due diligence is a must. It's tempting to try the "get rich quick" scheme when investing, but you also have to understand that there are shady people ready and waiting to take those Bitcoin from you, and will employ every technique at their disposal. "A fool and his money...", so to speak.
My point is: Be wise. Take your time to research the company before investing.
Is their information public on WHOIS?
When they give an address, is it verifiable?
Do you pick up the phone and call?
Can they actually produce a verifiable business license?
These steps may take a couple of days, but will be well worth it in the long run.
In closing, to everyone on Cryptostocks: If it sounds like a "get rich quick" type of posting, step back, take a moment and ask yourself: Am I willing to lose what I put in? If yes, then proceed with caution. If no, do your due diligence.
Sincerely,
Steven Swanson,
President/CEO
Quinto BTC
So how come that you don't live by your own principles then, your stock have been listed on Cryptostocks for 23 days and Quinto/you still have "none" as verification level. You did write the same thing about the verification the 24 feb in an announcement on your share on Cryptostocks so when will Quinto/you have "Advanced" verification on Cryptostocks ? |
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No bank will loan you 90% Value on a property try more like 65-70% they want you to have "skin" in the game
Here they will, all banks here will loan you 90-95% of the value of your property, but it may work different in your country. |
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60% annual income on investment sounds very low for scryptmining profits and low for btc mining profits for the next 12 months based on today's difficulty and reasonable assumptions on the future development of it unless you by that mean 160% ROI year 1, 60% return year 2,3,4....
But either way how did you come up with that number and how can you even estimate/guarantee any such returns that far into the future ??
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Hai guys. I want to make you a special offer which is totally serious.
For a while I have been scheeming on how to leverage my landlocked assets into crypto and I have finally come up with something.
Here is how it works. I will take ANY loan for ANY amount of bitcoins you care to offer me.
1. Collateral
Collateral will be in the form of real estate or direct ownership of investments in real estate leveraged 1 to 10 on a 3rd party evaluation, meaning if I have a $500,000 property I will use it to back $50,000 of loan debt....
Wouldn't it be a whole lot easier that you just go to your local bank and there took out a loan with your house(s) as Collateral, it shouldn't be any problem to get up to 90-95% of the value(450 000+ usd instead of just 50 000 usd per 500 000$ value on the house) of the house on a loan at 1% yearly interest then and you wouldn't have any extra risk introduced by market fluctuations on USD/BTC price changes. ? |
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Tjena!
Jag funderar på att bygga en scryptmaskin med 4st R9280X
Är det någon här som kan ge mig lite tips på vad för övrig hårdvara man ska ha?
Det finns väldigt mycket skrivet om att bygga GPU baserade miners för scyptmining i den engelska sektionen av bitcointalk sen är ju frågan on du också vill mina något coin avsett enbart för CPUmining med processorn, annars kan ju CPU'n vara en enklare variant. Du bör dock se till att skaffa ett bra strömaggregat och inte ligga på för hög belastning på det utan försöka dimensionera aggregatet efter din riggs totala förbrukning så att du ligger i det område där strömaggregatet är som effektivast, både för att minska risken för att det havererar men också för att du kommer tjäna många SEK sett över en längre tid på att ha ett effektivare aggregat på 92-95% till exempel jämfört med att ha ett som endast har en nyttoeffekt på kanske 80-85% om du betalar för ström och inte har tillgång till gratis ström. I dagsläget ser det annars ut som att Nvidias nya grafikkort baserat på maxwell kärnan kommer gå om AMD's vad det gäller vad som är effektivaste GPU'n för scryptmining, deras low end 750 TI som de släppt nu för 139 usd presterar visst runt 300kh/s och använder endast 38.5 watt(TDP 60 watt men det gör den inte av med). Men det absolut hetaste nu är nog de scrypt ASIC chips som gridseed har börjat leverera, usb modellen-1 chip, 70kh/s & 1,5w är nog lite överprissatt, men 5chips varianten för 160 usd styck i kvantiteter 200-1000 st med prestanda runt 300-350kh/s (möjligen ända upp till runt 500kh/s injusterat med bättre firmware i framtiden) och 7W skall nog vara det som idag är tillgängligt som ekonomiskt kommer fungera längst in i framtiden för att mina scrypt med. |
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