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I understand the OP. When I looked at my account I said to myself "He paid me the interest out normally but here is exactly the same amount, right there, added to my account. He obviouly overpaid me - paying out the interest and then reinvesting the same amount in my account - COOL" Since the "overpayment" is exactly what was paid to me in interest (no I am not going to tell you how much) we are almost certain that the amount quoted by Goat is, in fact, his weekly interest payment amount.
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Why all the closed door stuff? Isn't it about time that someone --ANYONE-- were a little more open about things like this? When I hear things like FPGA and ASIC, things that spring to mind are insanities such as multi-thousand dollar costs for nothing more than a bit of software that can make the things work, engineering fees that far exceed the cost of the time and materials expended, and on and on and on.
I suppose a bitcoin asic would be relatively simple to design, and so you might find some hobbyists (or pro's with free time) willing to collaborate on a design; but the one thing that REALLY costs money when making an ASIC, is the mask set, and there is no way around that. Depending on process, you are looking at at least $500.000 to a high multiple of that. Opensource or not wont make that go away. And I imagine someone risking that kind of money on a bitcoin specific chip to not want to inform potential competitors too early. That said, I think ppl are getting a bit too excited over Vlad's announcement just yet. Ill get excited when I see a demo of working hardware. All I see so far is plans to start a 'HUGE' company doing who knows what using who knows what. If he is planning to build his own chips as he suggested, and particularly if he is new to that field as he seems to be, he might be in for a few very unpleasant surprises. This. I had a friend who works at a company doing ASIC design and he offer me space on one of their test wafers as they sometimes have a few free spots. But then you still need to test and package, etc. That was the best deal I could get and it was still very expensive and I would only get a few test chips out of the deal anyway. I did talk to my boss about just doing it through the company I work for and they did look at it but then balked when we got to and could not answer the questions: What is our projected volume? How are we going to make back our NRE? How long will it take to get back our NRE? How many total customers can we project? What is the price of BTC going to be in one year? How many miners are there today? How many will there be in one year? two years? Etc. etc. Basically it is impossible to make any kind of buisniess case for investing this kind of money. BUT, if you guys can really come up with the money we would be glad to do it for you! PM me. Worldwide ASIC design company with offices in China, access to fabs, we can do the verification work, etc. |
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Loans repaid:
50 BTC from IBM. Acquired March 19th. 55 BTC to be paid by April 20th. Repaid early, great customer, would lend again. |
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I am an active BTC lender over in the lending forum, see https://bitcointalk.org/index.php?topic=61756.0I and some of the other lenders are looking for help with collection of bad BTC debts. The debts are usually pretty small so we are looking for an someone who just wants to try to help on some of these to see what happens. You should live near the borrower. IBM (my BTC lending service) is currently sitting on three bad debts but there are many more where these came from - bad debts owned by the other lenders as well: Date Who Loan Payback Due Date Loan Address Notes
-------- ------------ ---- ------- -------- ---------------------------------- -
01/25/12 gurg2.o 20 21.00 02/03/12 15D2uoPut7QbHUKDUtLSXXJfzWvzDvnni8 Lives in Laguna Niguel, California with his parent(s)
01/29/12 doubleicaras 25 28.75 03/06/12 1F6MCoBMwmfpT5fruvCUjirFEybhLe5c1C Lives in the UK
03/28/12 bcjunkie 15 15.00+ 04/02/12 14g8TeohrrTEbsdDAY3EAdiXdzRNZR3Qc3 Lives in Bowling Green, Kentucky, have copy of his DL Anyone interested in trying to help out? NOTE that the total doubleicaras (UK) debt is a lot larger, this is just the part owed to IBM. |
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1 btc for 1 MHash/s Just a cotton picking minute there, we all want our money back!!! Oh wait, he just did not read the OP. |
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I think it is worth mentioning to everyone you need to use your generated address in order to claim the firstbits location.
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Working on a loan for you (good returning customer). EDIT: I have the 75 for you, will PM you with the details.
I have received funds from and have agreed to the following terms with BurtWagner; 75 BTC loan at 12.5% per month If paid back within 30 days then 75 + 75*0.125 = 75+ 9.375 = 84.375 If paid back within 45 days then 75 + 75*0.125*1.5 = 75+ 14.0625 = 89.0625 Thank you. Appreciated. Verified by IBM (BurtWagner) |
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Can't wait for 4/10  Looks like there are only 80 bonds left before the price starts rising. https://glbse.com/asset/view/GIGAMININGThank you again to everyone who's invested thus far. I'm still in shock. I don't even get how to buy one  Buy me one and i'll give you 1 BTC.  Just go sign up for an account at https://glbse.com and deposit some BTC there so it is ready to spend, then place your order. It is very easy to do. |
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I am an active BTC lender over in the lending forum, see https://bitcointalk.org/index.php?topic=61756.0I and some of the other lenders are looking for help with collection of bad BTC debts. The debts are usually pretty small so we are looking for an attorney who just wants to try some of these to see what happens. IBM (my BTC lending service) is currently sitting on three bad debts but there are many more where these came from - bad debts owned by the other lenders as well: Date Who Loan Payback Due Date Loan Address Notes
-------- ------------ ---- ------- -------- ---------------------------------- -
01/25/12 gurg2.o 20 21.00 02/03/12 15D2uoPut7QbHUKDUtLSXXJfzWvzDvnni8 Lives in Laguna Niguel, California with his parent(s)
01/29/12 doubleicaras 25 28.75 03/06/12 1F6MCoBMwmfpT5fruvCUjirFEybhLe5c1C Lives in the UK
03/28/12 bcjunkie 15 15.00+ 04/02/12 14g8TeohrrTEbsdDAY3EAdiXdzRNZR3Qc3 Lives in Bowling Green, Kentucky, have copy of his DL Anyone interested? NOTE that the total doubleicaras (UK) debt is a lot larger, this is just the part owed to IBM. |
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Hope to catch some. How will this work ? Highest bids first ? Looks like there are around 120 bids atm on GLBSE.
Giga, can you shed some light on this? I know there was talk update updating the functionality of GLBSE, but I'm not sure if it has been implemented. The previous behaviour would have bids fills starting at the highest price, and then for bids at the same price starting with oldest first. Question for glbse. glbse? |
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You have more sock puppets than total posts.
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Are you trying to claim that Dank=Amytron? I am pretty sure you are the only one to try to belive that. Dank is an interesting character with some entertaining posts, Amytron was just a scammer. AFAIK Dank has never scammed anyone, right? (I am just not interested in funding this loan). |
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Thank you Tomatocage, I did see that thread however I am not willing to pay that much for a loan. Working on a loan for you (good returning customer). EDIT: I have the 75 for you, will PM you with the details. |
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Please answer this very reasonable question. |
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I'm still lending 25 BTC!. Please take my money.
If you want to I would like you to deposit this BTC at IBM. PM sent. Thanks! |
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As you can tell on that thread - I am totally pissed about them changing the rules mid-stream (again). |
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ANOTHER SUGGESTION: Before the IPO put all the BTC that has been collected pre IPO into an account an BUY the shares (paying the rake to GLBSE) then allow him to distribute them post fees to the proper buyers.
There are a lot of ways to handle this.
Like I said work something out before this whole thing goes down the toilet.
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The ability to transfer assets between accounts was intended for users with multiple accounts to be able to freely move their assets between them. Users have been taking advantage of this function to avoid trade fees. Obviously that is not sustainable for us as an exchange platform provider, and required us to make this change.
Well this is NOT spelled out in your TOS. The pre-sale has already happened. No one knew it was abuse. You and Giga get together and work this thing out pronto before it becomes another long drawn out clusterfuck like the Goat episode. There is a lot of money at stake here. A lot of people have already paid for shares. If the issues it that you did not get your cut then I suggest you work out an agreement for Giga to pay you some BTC to cover what you would have made on the sales. Then put what is allowed and what is not allowed in your TOS. You cannot change things mid stream like this. |
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Due to abuse, we are suspending the asset/share transfer service on GLBSE.]Due to abuse, we are suspending the asset/share transfer service on GLBSE. What abuse specifically? I see nothing in the TOS related to transfer of shares between users. How can there be abuse when there is no rules stated in the TOS? |
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