Funny reading that shortly before labcoin stating a success in bringing more hashpower online.

Anyway... you know very well that im sceptical myself. I only think its stupid to involve governments now when labcoin finally is bringing something online. Thats dumb. Because it might mean that even when labcoin now brings more and more TH online it wouldnt matter anymore because some agency now will fight the "unverified security". I think some users simply bought for the actual price and hope to get the remaining bitcoins that labcoin holds back. Seeing the short effect but negate completely the possible chance that he might bring out so much more that it cant be faked anymore.

Whatever... i wrote this many times. If airheads at the end would destroy a real business that only was a bit late and had bad communication then i would connect with labcoin and try to step in personally when he doesnt have bitcoins anymore because he had to pay back. No security needed anymore. A developed and working asic design is very much worth. Most people only dont see it. Comparing it with newer tech from other enduser selling companies. Whatever.

I prefer to wait what labcoin is doing in the next time. Bringing th online or not.

I know that selling unregistered securities was one point against pirate. But that doesnt mean that now all other securities were charged too. It was a secondary point to raise his fine. So the only point government would go after with labcoin would probably be scam. Otherwise we would have to await a complete dying of bitcoin securities soon.

Burnins psu can power 2 boards easily... even 10 bbxx overclocked to 450mhz.

You terminated the boards correctly with 2 jumpers each on both ends of the stacking cable? Did you build the stackingcable correctly?

Kannst dich einfach anmelden in der AG: http://wiki.piratenpartei.de/AG_Geldordnung_und_Finanzpolitik
Da ist der Link zur Mailingliste auch zu finden.

Pirate was a clear scam. For labcoin its only a couple of people that dont want to wait what happens. Pirate was followed because he scammed people... labcoin would be followed because its unregulated. Scam is not so sure yet. A couple of people only at most went so far to inform agencies. Thats probably something that even for big, normal securities happens. So when they see that divs are paid already and it looks like divs are rising... i doubt they will follow with full force then. At least not until a big amount of shareholders claims scam, no divs appear or similar.

If they only would go behind because its unregulated then we now would have to prepare that all securities are traced and shut down.

Though one cant do endless buy hashpower since the remaining bitcoins are limited. But of course it might be a way to buy time. Either to run away and destroy traces or in the hope to finally build something.

Imagine a government agency crawling through that thread... no... sorry... i cant imagine they will do that only because they got a complaint by email. If these agencies would have enough manpower and so...

In fact selling was the bigger part of the divs mostly as far as i know. The thing with selling is that you get the mining income of months in one rush. That has many advantages. Less time, work, power cost and difficulty risk. So in general its better to sell miners if you get a certain amount of months mining income. Mining is a good way to keep a good income stream that is more safe since selling can stop for some reason.

Da ich ja aufklären wollte wofür ich das mache... ich kann nicht verstehen warum die Piratenpartei den Bitcoin nicht haben will. Ich finde die Piraten sind die erste Partei seit Langem die echte Demokratie nach Deutschland bringen könnte. Also Volks-Herrschaft, was Demokratie ja bedeutet. Nicht diese Demokratie die wir jetzt haben bei der man einmal alle 4 Jahre eine Entscheidung fällen kann und den Rest der Zeit hat man keine Wahl mehr. Diese Demokratie ist schon so dünn dass sie kaum noch da ist, finde ich. Homöopathisch halt.

Eigentlich sollte der Bitcoin doch eine tolle Sache für die Piraten sein. Daher hab ich meinen Text fertiggestellt und den mal in ein Piratenpad gelegt: https://piratenpad.de/p/Piratenpartei-Bitcoins-als-Spenden-akzeptieren

Dann habe ich Unterstützung in der AG Geldordnung bei den Piraten gesucht. Leider ohne Erfolg. Das Argument gegen den Bitcoin lautet eigentlich nur:

* Bitcoins wären im Prinzip äquivalent zu einem Goldgeldsystem. Das scheinen viele so zu sehen und deswegen Bitcoins nicht zu akzeptieren. Die Deflationsgefahr weswegen sich der Goldstandard auch nicht halten konnte ist wohl das Problem für sie.

Finde ja schon schade dass da gar keiner überzeugt ist vom Bitcoin. Ist zwar nur eine AG aber immerhin diejenige die sich mit der Geldordnung beschäftigt.

Ich werd jetzt noch mal im Forum der Piratenpartei einen Thread öffnen und mal sehen ob es da ein paar Unterstützer gibt.

How do you handle this? I mean if often invest and own a good chunk of shares. But this means i cant act fast because the orderbooks are often so thin that i couldnt sell even if i wanted. For example when bad news appears and i know i should sell... how? Selling into the ask-wall is crashing the price even faster and often can only sell a part of the shares. Making a big bidwall means few will buy since the bad news happened and it means the price will drop faster because the wall is there. Making small bidwalls might take forever until all is sold.

I thought about selling shares in an auction to not move the price in the orderbook and then move the shares to the new owner. But auctions take time again and its open that there are enough interest in such thread.

So it looks to me a bit like buying and earning or dying mostly when you want to buy a not small amount of shares.

Or are there other ways to handle this?

Wieso sollten die die Adressen nicht veröffentlichen. Liegt doch kein Risiko darin. Wenn der verurteilt wird dann gehören die Bitcoins eh dem Staat. Die werden die bei einer Auktion verkaufen und fertig. Warum sollte es interessieren wer die Bitcoins dann hat? Bitcoins sind ja kein Programm an das man einen Keylogger hängen könnte.

Do you have windows on that pc running? Then you have to use zadeg like i wrote.

If you already used it or if its linux then the usb-port you connected the bitburner too brings too low power. Try another port on your pc or an active usb-hub then. USB-Ports provide power too. And here it seems to be missing some power.

? Did you mean me or ken?

That would be different than buying other products then. If you buy in a german shop from the us then it does not mean that you have the rights of a buyer that you would have in a us-shop. But you have the rights of a german buyer. On the other hand its not possible for any onlineshop to provide any customer from other countries the same rights he would have in his own country. No one would try to offer products then. Because that not only would mean a huge amount of rules to check but you were bound to the rules for shops in the buyers country too. For german shops that means certain informations on a page in the shop that can be reachable from every page in the shop including info to the shop, contact details and so on. So the buyer gets the right that the country gives he buys in.

Of course its possible that its not allowed to sell shares to a citizen of another country. But its not enforceable because that negates what shares normally are. Shares are not only digital numbers, they are a bunch of paper at the end. So only because banks are storing these papers in their vaults doesnt mean that you cant get these papers in your own hand and sell these papers to your us-friend. And this whole forbid-system woud be broken already. Shares arent named with the buyer and can be used to pay something with too.

It might be the case that the issuing company has to decide who can buy shares. So if they offer their shares to us-citizens then they have to follow us rules. But if a us-citizen gets shares through other ways that cant mean that this company now is bound to us-rules since this way the US could rule the worlds stock exchanges securities.

Maybe a workaround would be that security issuer set rules, for example no sell to us-citicens, the exchanges check the nationality who to sell to but later us-citizens can buy shares from normal traders too. As long as they dont buy from the issuer because that would mean the issuer says yes to us-regulations. Or would a normal person be fined when he sells a share not registered in the us? I cant believe that. Uncle Joe for sure can inherit the securities only registered in japan from aunt Suzuki in paper form. No bank involved.

I think thats odd alltogether and there has to be a way without bucking before the allmighty uncle sam.

If you are on windows read the cgminer readme and use zadeg to install usb drivers. If thats not the case then your usb-port might deliver not enough power.

No, reinvestment means to raise the mine. Reinvestment doesnt really make much sense when you have to buy miner at enduserprices. But when you get the miners at cost, because you own an asic design, then its a complete different thing since only other companies that own an asic design can compete with you.
I never would reinvest in a normal mine since a normal reinvesting mine pays out dividends and reinvests. But regardless of that... the div will go less over time which at the same time lowers the shareprice. So that you dont earn money in total anymore. At least thats what i observed.

So reinvesting the divs in the same mine that only will have 30% less income each 2 weeks is nothing compared to the issuer creating more miners with a part of the divs.

First i thought you will announce to establish a permanent reinvestment since you wrote about rising the shareprice. Then i read "get the benefit of the hashing we promised". So only the TH that were promised. What means only a temporary rise.

"***There is no own-mining...its all going to this project***" would be way sweeter when i could read ***There is no own-mining or own-selling...its all going to this project***

By the way... the own-mining claim was not that you now mine for yourself only. It means you will do once the 200TH are met. Maybe you even will raise the 200TH to make up for the waiting time but this project was never meant for the long run. At least i would await that you would mention a ongoing mine since this statement really would change the shareprice.

Looks like im angry. Though the only thing i could be angry against the issuer is that the 200TH werent built fully from the start and other tech was bought instead that was sold without profiting all shareholders.

You can buy the shares that are offered at an exchange if you are allowed to buy at this exchange by your bank. I never heard that, if you are allowed for one exchange, you cannot buy any share offered there. Maybe its because the bank you work with is the identity owning the shares. So that you arent exposed as a foreigner. If thats the case then a bitcoin bank could circumvent these restrictions too.

Otherwise, lets say Austria is making a law that Google has to apply to their rules if an austrian owns a google share then Google has to follow everything Austria wants to? For example a certain amount of money that the security has to held liquid for each share in total? So you think google has to follow this? Sorry, but that doesnt make sense to me. It would make sense if google would try to offer their shares in an austrian stock exchange, if there is one.
Thats not convincing for me yet.

I know what would happen. But an NDA that does not allow anything? Shareholders have to be kept in the dark? I really dont see why thats needed. I eASIC really demands such an NDA i wouldnt like to make business with them. Thats not business friendly at all. Do they fear anyone reads that they made an error or what?

May be that iam allergic against non communication now... or at least against non informative communication. But seeing shareprice and trust dropping only because of a stupid NDA is again stupid for me.

I vote for another post deletion session. This thread once was informative... now its pages of post per day with nearly zero information. And it started so good...

Im not so sure... that would mean that every security has to get a licencse from every country because from every country a buyer could come. If a security is only traded at a german stock exchange then a us-citizen could easily buy shares at this german stock exchange. But the problems the securities had only were that they could get away from us-rules once they offered their shares at us stock exchanges. Because as long as one us citizen still owns a share from that security at this us stock exchange this german security is bound to us regulations. That means to me that they are not bound to it as long as they dont offer it at the us stock exchanges. Since before they do this every us citizen could still buy that share.

It was kind of a gold rush to go on us- stock exchanges though the results werent as good as they wanted often. But like i said... they cant make this unhappen anymore then.

So i guess the difference is where you offer the share. A .com website might be a risk already since it could be seen as a usa domain. A owner in the us might be a risk too. But a owner in china with a chinese website might be out of it. He doesnt target us-citizens especially. So if someone still is coming it cant lead to having to follow every other countries rules. I wonder what strange rules some countries could have then...