New stocks seems to pop up almost everyday now on cryptostocks or at least every week, it wouldent hurt if the one behind the companys/stocks did communicate on the biggest bitcoin forum... Fas - fasbit do have some communication over here http://behindthecoin.com/threads/201-Instant-GPU-mining-!!!-COMING-SOON?p=763#post763 but it wouldent hurt if you guys came here and explained things. Cryptostock listing https://cryptostocks.com/securities/87Why is there another, previous listing https://cryptostocks.com/securities/84 where you used another emailadress and intended to raise 100 btc 1 000 000 shares @ 0.0001 btc each in the first round of shares Fas - fasbit did a IPO where they sold off 10 000 000 shares @ 0,000001 btc each with an Fee surcharge of 0.1% so they got in 10,01 btc on the first batch of shares. They claim that there rigs with two 290x GPU's cost them 2,85 btc(even at the temporary low btc price of 710 usd per coin, thats 2020 usd) at current market price and each 290x hashing at 820kh so 1.64 Mh/rig and 2 850 000 shares per rig and people basically buying into already excisting and set up hardware. Taking a look at pricerunner one sees that 290x is avaliable from 660 usd so PSU, MB and so would have to be 700 usd then per rig, sounds a bit expensive if the MB only should be able to handle 2 cards per rig and why invest in 290X in a big scale mining operation when for example 7970's is avaliable from under 400 usd each(60,5% of the 290X's price) and they seems to produce around 700-750 kh(85,5%-91,5% of the 290X's hashrate) so choosing 290X's for a mining operation on large scale dosent seem like a good ide. They claim they perform better than alternatepool.com, multipool.us and so on. They mentioned they would be paying out around 90%(before electricity and such costs) of the profits(generated coins) Plugging in the numbers you get that each 1.64mhz rig should produce around 0,012269938 BTC a day mining LTC, ~ 4.3 0.43 satouchi per share and day even just mining Litecoins or for example 0,019751135 BTC a day mining DOGE, ~ 6.9 0.69 satouchi per share and day EDIT missed a 0 there before As far as i know cryptostocks allow dividends from 0,00000001 btc, 1 satouchi per share and up, still FAS - fasbit claim they cant pay out dividend more than every other day due to "...need to accumulate dividends" to come up to the minimum threshold so that must mean they intend to pay out just 0,00000001 btc, 1 satoush every 2 days at current profitabillityi witch should be way less less than 10% of what they generate no matter what GPU's they use and coins they mine if they have any resonable efficiency like they claim ?
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Never buy anything from BFL, they will not deliver on time and you will probably not get the advartised hashrate from there products either.
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Some of you may have seen the newsletter that was sent by KNC yesterday, it's also here on their website: https://www.kncminer.com/news/news-75I'm not quite sure what to make of the third item on the list, the "Plan B" temporary hosting. Clearly they have not yet taped out their new chips yet, but is this a "BFL" scale fuck up waiting to happen? Did they overreach? Plan B As you are all aware we broke many world records in releasing the 28nm chip in such a short amount of time. We are a very ambitious company but even for us, to go “all in” and not be able to deliver on our performance targets, like our competition, would be completely unacceptable to us as a company and everything we stand for. So today we are introducing, Plan B. To make sure that everyone who has paid for their Neptune gets their we are building a data centre like no other. It is located in the north of Sweden not far from Facebook and other Mega Data Centres and it’s totally powered by renewable energy. Over the next few months we are bringing online enough hashing power to make sure that any delay in the Neptune timeline will be compensated with a completely free hosted hashing packages to all fully paid customers. In the addition to this commitment, as part of Plan B, for all Neptune customers, we will be offering a free conversion to a hosted hashing package where we will simply fill your wallets directly and you won’t have to worry about anything else. All the other costs taken care of by us. We are able to do this by using our 28nm chips which is why all products that we have coming out of our factory in the next few months will go into building and supplying the Plan B facility. If, during the course of development of Neptune, there is any threat to the timelines for delivery, those delays will not result in the loss of any mining time for our Neptune customers. We will release more details of this as we get closer to the delivery date, but for now we have one of the world’s largest data centres to build. I havent read up on KnC the last months but i think there Neptunes were to be delivered in Q1-Q2 2014 or so. There first release of miners, Jupiter & Saturn was pretty close to projected target dates(end of september) and they started delivering a few days into October so maby they see that they might be a week or two behind there shedule on when to start delivering there new line of Neptune ASIC miners. The announcement of plan B is then just telling people that they intend to pay people for the mining incomes people would have got during those 1-2 weeks that they may be late. KnC have some mining on there own with previous generation ASICs and they intend to use generated bitcoins from those machines to pay costumers in the days there late if there late on releasing the Neptunes, thats how i interpret there news. Locating a data center in the north of Sweden is nothing strange, we have lower electricity prices and lower taxes on electricity in the northen part of Sweden and the labourcost in northern part of Sweden is lower than if the had hosted there devices in Stockholm for example. I don't see it as possible that KnC would screw up as BFL has done, KnC may be a week or a few late but i doubt it's possible for them to be over a year late on delivering ASICs like BFL was on the delivery some of there costumers machines.
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Well just look at JDBIF's original contract for example and you see that TRJ, TheRealJoker that runs the fund have been in violation of his contract for over a year. The shares have a face value of 0,01 btc each and he should pay 20% monthly dividend on that, so 0,002 btc per stock and month.
At the current issued amount ~2 500 000 stocks that's 5 000 btc each month he adds to his debt to the shareholders, well he actually payed around 1,8 btc in January so the debt "only" increased with 4998,2 btc in January.
The way he handled the stock and refuses to pay dividend accourding to the contract has brought the price down from 0,01 btc at the introduction the 9 july 2012 to the current level at 0,000030 btc, 10 days ago or something like that TRJ even pressed the price down to 0,000001 btc where he obviously thought it was good for him to sell at that price so he keeps diluting the share value for previous investors each month by his crazy sellouts of underpriced stocks. The stock has lost 99,7% of it's original value.
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What kind off new shit is it thats been introduced now at cryptostocks, can the asset issuer just randomly declare IPO period and reset the buy/sell orders and no new buy/sell orders allowed to be placed at traders preffered amounts ?
Thats total bullshit, if you should introduce a new feature it have to be annonsed before it is introduced and if the share issuer havent specified starting and ending dates of an IPO period or the exact conditions in there original contract you can't just let them randomly dissallow buy/sells after it has previously been allowed. Kumala kan you please fix the error at the BTC32 stock so people can trade that stock again and make sure you don't allow scamstock like JDBIF to starts to randomly dissallow shareholders abbility to put up sell or buy orders at peoples prefeered values, this new "feature" will clearly be abused by scamstocks and will make all serious investors leave cryptostocks for good if you will keep it in the current form.
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When I sell a debt at a discount let's say it is 1 BTC and the buyer pays 1 BTC it appears I get less than 1 BTC. So, BTCJam must take a cut. What is their cut when brokering the sale of a debt?
There is a 4% fee on selling debt(notes) if they get bought, so if you sell a debt for exactly 1 btc you should recieve 0.960 btc if it get bought.
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usagi last login 10th december. Deprived has eloped with Usagi and funds
Deprived creativex Usagi John K. So many prominent members of this forum have gone missing. There's no obvious link between them IMHO Usagi was having trouble around the time when the btc stock exchanges closed back in oct-nov with his loan on btcjam and was behind, but it looks like he have been working hard on sorting things since then and has been paying off the loan at btcjam bit by bit and have now paid the whole loan off.
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To the people behind Coin Mining Union Corporation(CMUC) at Cryptostocks, you may whanna take a look at the banner add that you run at cryptostocks frontpage https://cryptostocks.com/ and/or the contract description of your stock https://cryptostocks.com/securities/76. The banner add say "Get 2.4GH/s per 0,6 BTC share" The contract/description say "max. 1500 shares for the price of 0.06 BTC you participate in 2,4 GH/s a share at the start of the project." The didivdend payout(and the fact the shares cost 0.06 btc each) seems to indicate it's the add banner thats wrong..
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Can we get some clarification on what you actually mean from someone in the get365 team. In the contract/stocks description https://cryptostocks.com/securities/72 it say "...Getcoin365 will be offering 20,000 shares at .05BTC per share....All shares will be paid a dividend of 4.25% per annum paid monthly based on the IPO pricing of .05BTC per share" in the announcement https://cryptostocks.com/announcements/519 you then say ".... 3. Why does your IPO only state it’s a 4.25% dividend ? -We made a mistake, yes that’s right we did! We will be paying the 4.25% pa dividend until we are live. Then our fee share structure will apply 4. What’s your fee share structure? -2% of all fee’s generated ..." Does that mean 1 The stock owners on cryptostocks will get 4.25%(~0,35% per month) in yearly dividend + 2% of the fees generated divided on the 20 000 stocks from when the site goes live the 28 jan onwards or... 2 Do you mean that from the 28 jan onwards people will only get 2% of the fees and no fixed yearly dividend. Also your IPO of 20 000 stocks at 0,05 btc each, thats 1000 btc for witch the stockowner will get 1/50(2%) of the generated fees, so basically a valuation of the yet to start site at around 50 000 btc, that sounds a bit high...
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Check a comparison site like http://www.coinwarz.com/ for example and put in your miners hashrate, power consumption and so on.
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Checked the site, i had a small amount of ltc in there i forgot about that i converted to btc and withdraw, worked fine maby i was lucky or just some conis have problems or is it only deposits people have problems with that don't show up ? But that withdrawal fee, 2 btm, they need to do soething about that.
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4GyWqSjHNWJcUzaUEFubFCavgCsu6MRbba
Thank you
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Looks like the withdraw worked, around 6.17% of the btc i had in weexchange i was able to withdraw, but 2 btm went missing after the page updated and the fee on the transaction was only 0,5 btm accourding to blockchain.info so thats not where it went.
PM your weex account name and I will have a look. Sounds strange. What about people that already have redeemed there ukyo.loans, do they need to do it again at the new portal you are setting up ?
Do you mean people with PM requests for redeem? As for positioning on the new portal that is still under consideration and will be stated with the release. Sent you a pm with the username, im not to worried about the 2 btm, but i guess it's good if things work as there supposed to. I'm more interested to know when the redeems on the loans will be honered. Yea i meant redeem requests that people did by PM before, but i guess redeeming everyone that requested redeems a bit at a time until it's all done works to.
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... Also, on the off chance (who knows) that your available balance does not update properly, please notify me immediately.
-Ukyo
Looks like the withdraw worked, around 6.17% of the btc i had in weexchange i was able to withdraw, but 2 btm went missing after the page updated and the fee on the transaction was only 0,5 btm accourding to blockchain.info so thats not where it went. .. Fourth, Ukyo.Loan shares: A portal for shares is being setup for claiming shares where users can put in redemption requests. I stopped depositing interest payouts through BitFunder due to the problems with WeExchange. All interest owed will be paid out and redemption requests will be honored as soon as it is possible.
What about people that already have redeemed there ukyo.loans, do they need to do it again at the new portal you are setting up ? Would also like to thank Neo & Bee, Danny and Ukyo for working hard trying to solve this siituation.
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So what's the latest updates on this loan from Graet now ?
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Great , do you know UKYO and are You the director of Weex? can you tell us what happen there for stop spreading FUD... Thanks
It sais right on the first page of this thread that he's the Australian Director of WeExchange so of cource he knows Ukyo.
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[17:58] <kanoi> so the issue has now changed from being a wallet issue into some other issue .... [17:59] <@Ukyo> kanoi: this is why there will be a public announcement [17:59] <@Ukyo> so everythings 100% complete and together on exactly what/when/how/why [17:59] <@Ukyo> instead of some things guessed and peiced together [17:59] <@Ukyo> Just waiting on confirmation of the final peice
.... Looks like we finally will get some more update on when the issue with weexchange and ukyo loan will be solved later today.
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I have one withdraw from weexchange that hasent been honered yet: 2013-10-28 23:22:06 4.01 btc processing
Is there any point in sending over more btc from bitfunder to weexchange at the moment will it even show up on weexchange now with the problems he has or will that just delay ukyo's payments even more if his bitcoind gets more to process, has anyone transferred over any more btc lately from bitfunder to weexchange ?
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Still looking at options for management after BitFunder closes, self managed still looks best, paying to the addresses listed on BitFunder - though the ability to trade among investors would be restricted. I have had a couple of other options suggested that I am looking into.
This is the list of redeem requests, I do not yet have investor information, most likely people with requests can see their amount for an idea of place in queue: Position BTC Requested Cumulative total 1 12.87 2 133.57 146.44 3 40 186.44 4 40 226.44 5 58.70 285.14 6 20 305.14 7 70 375.14 8 70 445.14 9 25 470.14 10 163.09 633.23 11 14.56 647.79 12 10.92 658.71 13 189.47 ?* 14 ? ? 15 ? ? 16 10.97 669.68 17 ? ? 18 ? ? 19 24 693.68 20 31.68 725.36 21 8.58 733.94 22 4.4 738.34 23 11.11 749.45 24 40 789.45 25 2.6 792.05 26 24 816.05 27 17.03 833.08 28 4 837.08
? represents a request made but no amount included * will update running total when I have time
So almost 50% of graet.loan still in circulation has been requested to redeem, so unless an angel appears and takes over the redeem requests it will take some time to work through that list (though I will be doing my best) remembering the goal was to have most of the loan repaid by mid 2014.
Hope that answers some of the questions Best wishes Graeme
Edited to update list
P.S. I am a customer of BitFunder not a staff member and am unable to help with BitFunder support requests.
My redeem request is missing in the list to: 5450 shares 54.50 btc, forum timestamp for the PM i sent to you Graet here at bitcointalk October 12, 2013, 05:46:52 AM
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TradeFortress my month ended with the 16th So new period starts today same postcount bracket 201-400 0,08 btc per month. Can you confirm when the 0,08 btc for the past month will be sent out ? 13QXQNqeG8TF4TWd4aSvxE2n9PF5VGGRXq
You can also of course send any balance i had at inputs.io to the same adress, as the site hasent been possible to log into for a while i cant say how much it was, could be just dust, could be more there...
TF is there a single thread where you post info on whats happened and is going on so people can read up about it ? As far as i understand there should be no reason why people having the signature add should be effected in any way of this. Same thing with people having funds in CL as CL had no reason to keep any funds in inputs.io, so CL balance holders shoulden't have lost any funds because of what happened. How is the situation for people with balances in inputs.io and what will the actions from TF be there and to what degree will TF cover losses that may have happened there ?
As far as i understand TF also is having 640+ btc locked up at just-dice that he cant touch just to garateed peoples funds in case any issue would arrise with the inputs.io thing.
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