Maybe you can pay out the second bonus payout to pre-investors in the meantime?

If I have difficulties on GLBSE I usually just click on "Market" and use the 2 input boxes in the header frame. If you already tried to recover/reset your password, this might no longer work though...

I actually already did on GLBSE 1.0, before you even signed up on this forum...

However sorry if my wording was too harsh - still I think my crititzism is beyond "useless trolling". You kill liquidity with high share prices, your "contract" is seriously a joke (you don't explain for example that someone who holds 50% of shares on GLBSE does NOT hold 50% of shares in your company and won't get 50% of earnings - in reality it's only 10%) and even 16 year olds do a better job of staying transparent, see https://bitcointalk.org/index.php?topic=67547.0

I am actually really interested in these shares, otherwise I hardly would have cared to answer here.

Oh, and another calculation: 23.5 MH/s per share * 0.30 BTC for 1 MH/s = 7.05 BTC for one share at "mining bond" prices. It's not clear if you have any other benefits if you buy shares in this "company", so it's hard to say if it might be worth paying a bit more as they plan to expand.

Also, since there still is no link to the actual asset, here is one:
https://glbse.com/asset/view/BTCMC

I just imagined a very fat ant...

Metric units 4tw!

Might be useful to issue 1000 shares then on GLBSE to show actual ownership relations... also your "contract" is just 2 lines of nothingness. Not something I'd trust with more than a few bitcents.

As much as I find MPOE/MPEX weird, their contracts are actually really good - I hope Nefario or another GLBSE admin will in the future threaten to delist assets on GLBSE that have terms that consist of "You're buying shares that pay dividends and we'll try to pay them monthly - and we'll try to pay MOAR OF 'EM!" and nothing more. You claim to be a group of finance students - would you buy shares for ~40 USD that are advertised and managed like this?!

So in the end you'd offer shares in a day trading operation. The trading would be either done by you or a bot or by community consensus (there's currently no way to verify someone is a holder of your share(s) and of how many other than motions...).

It hasn't been done so far afaik, I would (back on GLBSE 1) nearly have brought something like that online but then decided against it as the platform didn't have the liquidity back then.
I'm not sure of the demand, but in the end it only costs 8 BTC anyways - go on and just do it!

How high is (was) the IPO?

Why so few shares - liquidity will probably suffer...?

Why these huge share prices and not issuing more shares to increase liquidity?! Also you pay out these 0.125 BTC/month which would equal ~6 MH/s PPS per share. You claim to have 23.5 GH/s for 200 shares though - that would mean ~117 MH/s per share(!). Where does the income for the ~110 MH/s per share go?

Also I'd love to buy some shares, but if possible from the company itself, not just someone looking for a quick profit.

I believe CoinLab will fail as well if they want to use the hashing power externally. If they just use it for internal things, like a new pig on their own farmville style game that comes at 0 cost to them, any mining activity is a plus for them. If they sell things that are valued in USD however, the mining activity has to have a relatively constant value in USD as well - which it doesn't - or they have to charge hefty fees (like goat wants to) which might drive customers away once they learn they are getting ripped off.

Also, even stupid gamers might not be comfortable with running a password cracker for 1-5 USD/month... and you'd face a LOT of resistance if the client is closed source, including people trying to attack your workers + taking over your "voluntary botnet" for their own work.

Hopefully this will be open source, so not only a web service that one has to rely on, but something that could potentially just read the blockchain + a file with names for individual addresses and then generate such graphs (or input files for them) on the fly.

Actually, it shouldn't be too hard to do with Python, Armory (or Java + bitcoinj). It seems that Gephi needs a "GEXF" file (https://gephi.org/users/supported-graph-formats/) as input or it might be possible to simply create the graph from within (using https://gephi.org/tag/python/ + access to a blockchain library).

One problem might be, that there are probably already close to or more than 1m unique addresses in the blockchain, so some collapsing might have to be done (e.g. if a transaction has more than 1 input address, consider them belonging to the same entity).

Also Gephi seems to support data source + import plugins, maybe it's possible to write one of these for Bitcoin style blockchains (so one could also analyze Namecoin etc.)?

If I sell a GPU for 150€ with PP, I need to be paid 155.64 EUR according to http://www.gregledet.net/ppfcm.html
If I sell it via bit-pay, I need to be paid 155.985 EUR. Above, it gets even worse.
Might be nice for selling bumper stickers or stamps, but a flat 3.99% fee is still more than PP charges - and you can get discounts there as merchant as well, depending on your volume.

Also BitPay charges you more than 2.5 cents if you sell it for 2.50 USD and actually want to get USD as you would get with PP as well. If PP invented their own internal "PayPalcoin" - would you like to get paid in that?! Most merchants probably won't, I guess that's one of the great things about BitPay in the first place, that you don't have to even care about Bitcoin at all to offer it to your users and you'll never even have to touch a single Bitcoin.

By the way, the risk that bit-pay freezes funds is also there - they can even freeze BTC funds, since payment is not done directly to an address that you control as far as I understand.

Anyways, not to defend PP in any way (I only use it to pay myself and if I ever get payments there, I usually pull them as fast as possible) - but if I want to sell something for EUR and get EUR for it, PP is still cheaper above ~100-150 EUR than BitPay. The possibility that your account gets frozen or payouts get delayed is there in both systems, BP has the advantage that they are still small though and might have to care more about their customers. Also they should have no problem with reversed incoming transactions...

Well, back to the video:
Let's assume, I like it (for whatever reason - I'm angry at my bank, charging me for simple transactions, I like the general idea of a "free" money...) - what should I do next? There is no "Buy Bitcoins now with BitPay" or "Go to ... and get them at the current daily rate" or anything else. I'm excited now about Bitcoin but completely without a next step I should take. This means I'll either google, check Wikipedia or simply "like" the video and forget about it...

Ich vermute mal stark, es lohnt sich eher, z.B. 30 Accounts anzulegen, von denen 29 auf den ersten referred sind und dort je 1 Bitcent einzuzahlen als 1 Account mit 30 Bitcent anzulegen. Daher wohl auch das Captcha.

Andererseits könnte es auch klug sein, 10 BTC als Deposit zu machen und viel Werbung zu betreiben, da es weniger auf den Platz in der Pyramide als auf die eingezahlten Coins ankommt.

Achja - du hast noch 0 Coins als Deposit, daher hift dir das Referral noch recht wenig. Du kannst max. 1 Bitcent pro Ziehung erhalten.

Currently MMM does pay out, if you request it. The only question is - how long? It might also be that pirate is "investing" in a different ponzi scheme, but to me personally either money laundering (pay GPUMAX customers your dirty silkroad coins and get freshly mined anonymous ones) and/or ponzi investment makes the most sense.
The MMM scheme is based on "currency conversion" after all, with some russian funny money that is worth more and more USDs per month. This could be called "market arbitrage" or "day trading" in a broad sense and would be consistent with pirate's wordings (he might even sell the one or the other BTC to a friend at a price above MtGox, who knows?) about his operations so far.

So... all in all a fancy piggy bank?! What's illegal or creative about that?

They are cheap as well atm - if you think 0.3 BTC for 1 MH/s is good, then the price for this one would be 0.3 * 2.1 = 0.63 BTC.
The asks are slightly above, the bids below that value, so you can make a good deal.

So you decided to go with an option that is too high for ~3/4 of the voters in the poll... interesting! Why not put in a "100m BTC" option too, so your average goes up to the 1 million that you initially wanted?

Also: Why 100000 shares with 1 BTC and not 1 million shares with 0.1 BTC each or even 10m for 1 Bitcent? Would surely help to get more liquidity, as it's easier to (re)invest from dividends you get on GLBSE. Now you could still change it before the IPO - afterwards, I'm surely not going to invest a handful of Bitcoins in this. A few Bitcents just for the fun of it or to "use up" my dividend-bitdust however...

So I create an asset, issue 50 million shares and buy one with a sock puppert account for 1 BTC --> capitalization of 50 million BTC..?!

I'd rather have {last sale price} * {total assets no longer in the IPO account (transferred, sold)} but this still has room for errors/problems.

Yes, if you don't use USD... just look at their page.

I'm not sure if anger and frustrations should be the emotions that make you use Bitcoin - but I guess "anything goes" is also a marketing principle, right?

Definitely, a dedicated "mining" bitcoind is one of the things that miners haven't yet optimized. There might be high demand for this in the P2pool community, if it's easy to use.

They might care about the noise, the heat, the fact that their GPU is likely to die quicker and the people who tell them it's a scam and they create money that is used to buy drugs or something... also you can't play while mining usually, another big deal breaker.

It can for the Bitcoin part and might already be possible with other cryptocurrencies like Namecoins.

For fiat money the problem is that except for cash money (which isn't easy to transfer at all) there's nearly no way to transfer it fast, cheap and irreversible to anyone in the world. MintChip looks a bit like a solution there, but I guess we'll have to wait and see what comes out of it. MasterCard also announced some kind of Webwallet today, but usually these come with "buyer protection" = merchant fees + chargeback.