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61  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: February 11, 2014, 12:59:45 PM
I advise you all not to purchase any shares above 0.0002 because when we trade I will sell all of mine at 0.0002. So if you're buying these overpriced shares at 0.0005 you're an idiot.


you're an idiot for even saying something like that. Wouldn't you try to get the most money for your shares as possible? Ah whatever, some people just lack common sense.

The market is manipulated right now by "investors" who realize that unsold shares @.0005 is the fork announcing "Active Mining is done!"
As soon as if the shares go live, it will be obvious that the true value is a bit lower -- 0. 0000000x to be more precise.

TL;DR: It's pretty irrelevant what people say at this point.  Especially if they aren't lying.
62  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: February 11, 2014, 12:46:06 PM



INVEST!
63  Economy / Securities / Re: [IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings on: February 11, 2014, 06:12:31 AM
...
What is a bank to you is just a bank for you. I am afraid this has limited effects, only to you.

Not sure what you tried to say there.
Are you suggesting NeoBee is not a bank because it's not licensed or insured?  Or because it's not approved by The Central Bank of Cyprus?
Or because Danny wants to buy into a fiat bank?
What needs to happen for *you* to consider something a bank?  An FDIC stickie on the door?
Finally, which part of your wikip definition do you believe NeoBee doesn't fit?

*Wikip introduces cultural bias into its definition of banking.  We're dealing with Cyprus.  As you know, Cypriots have a unique take on banking over there.


Sorry, I do not need to reply to all your questions because I am convinced of what I do. As in anything, not all can be 100% clear but I have left some space for trust in others. Bitcoin is disruptive, and as such, difficult to handle and regulate by  nature, but also more difficult when there are for closeminded regulators. That may have some consequences in bitcoin related startups. I assume the risks. If you are not convinced of something just keep it to you as what you are saying does not make much sense except if you have a hidden intention against Neo. If you do not want to assume risks, fine, I respect you, but respect the others too. We have heard your thoughts many times, thank you, but too much becomes very repetitive.

Your choosing not to answer me is fine, but makes for boring, one-sided conversation.

I heard all the "disruptive special snowflake" dreck.  I also heard "I take full responsibility... OMG LET'S CLASS ACTION LAWSUIT!!!!1! ...HALP POLICE!" crap.  Everyone's a self-sufficient little rebel 'til the shit hits the fan, and then everyone's suddenly quoting the same laws and regulations they bitched and laughed about.  So I've heard your thoughts many times too, and the same "hidden intentions" paranoia.

You are bringing bankers into bitcoin.  And you're even paying their way.  That's just too tragic to laugh at.

64  Economy / Securities / Re: [IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings on: February 11, 2014, 04:23:33 AM
...
What is a bank to you is just a bank for you. I am afraid this has limited effects, only to you.

Not sure what you tried to say there.
Are you suggesting NeoBee is not a bank because it's not licensed or insured?  Or because it's not approved by The Central Bank of Cyprus?
Or because Danny wants to buy into a fiat bank?
What needs to happen for *you* to consider something a bank?  An FDIC stickie on the door?
Finally, which part of your wikip definition do you believe NeoBee doesn't fit?

*Wikip introduces cultural bias into its definition of banking.  We're dealing with Cyprus.  As you know, Cypriots have a unique take on banking over there.
65  Economy / Securities / Re: [IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings on: February 11, 2014, 03:13:14 AM
Not a traditional bank. Not according to definition: "A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank links together customers that have capital deficits and customers with capital surpluses." http://en.wikipedia.org/wiki/Bank

Lol wut?
Next you'll tell me that NeoBee doesn't meet the strictures of the Investopedia definition* because it's not licensed. Cheesy
Or that unlike banks, NeoBee is not regulated.  Or that it deals with currency not issued by the state.  Or that bitcoin ain't even money.

Sure, NeoBee differs in many ways from conventional fiat banks, resembling more TradeFortress, Pirateat40, Ukyo and other august institution i have previously compared it to.  But if i deposit and withdraw money, and someone profits from this - it's a bank to me.

*"A financial institution licensed as a receiver of deposits."
66  Economy / Securities / Re: [IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings on: February 11, 2014, 02:46:46 AM
Official response regarding the CBC announcement surrounding Bitcoin:

Date: 10th February 2014

"As the CEO of a leading company that is building the infrastructure surrounding the Bitcoin technology (Neo), I believe the announcement made by The Central Bank of Cyprus surrounding the dangers of using Bitcoin was reasonable. Innovation is always upsetting, not innovating and being left behind as the world evolves has historically proven to be far more dangerous though; if not for vested interests, then for the future generations.
[snip]

Number of Bitcoin banks that collapsed, leaving depositors bawwing:  Each and every one.  All of them.
Number of fiat banks that collapsed, leaving depositors bawwing: Surprisingly, some have not.

Number of Bitcoin banks needed to make Bitcoin possible:  None.  The whole point of Bitcoin.
Number of fiat banks needed to make fiat possible:  At least one.

But yeah, it's hilarious to hear one Cypriot banker calling another Cypriot banker "unsafe" -- as meaningful as "being eaten by 10 sharks is more dangerous than being eaten by 9."

Neo is not a bank

ORLY?  

Quote from: Danny
Neo offers Cypriot residents depository and financial services. Customers can open demand deposit, savings, business, and merchant accounts. Though all customer deposits are held in full reserve in Bitcoin, many customers will use Euro-pegged accounts, allowing them to interact with their money like they would with Euro deposits at any traditional bank.

Look, I understand how sexy banking seems, but trust me:  Bitcoin doesn't need  them.  That's the whole point of bitcoin.  Bitcoin is a car, not a wagon -- stop trying to hitch up a horse to pull it.
67  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: February 11, 2014, 12:14:05 AM
It's almost here!
68  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: February 10, 2014, 12:05:18 AM
Where's that Bargraphics boy at?  Nothing like one of his posts to buoy up investor confidence.  Granted, this one's a bit trickier than Terrahash...
69  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: February 09, 2014, 07:43:02 PM
Gentlemen!
Pool your restores and and purchase Ukyo's debt from Kenneth.  Or loan him a few bux 'till the ASICs start asicing.  Or brain some derivative that would make Rube Goldberg proud -- those always work in a pinch...
70  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: February 09, 2014, 06:34:27 PM
...
If you call a bunch of Drama Queens getting over-excited 'damaging' then you might be right.

I, for one, am enjoying Ken's performance.
71  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: February 09, 2014, 06:17:17 PM
...
I have BTC ready to buy more, but not until shares start trading again or until there's proof of this 55nm tapeout

Ken wasn't born yesterday, bluff harder.
72  Economy / Securities / Re: [ANN] VaultArmory launches IPO on www.cryptostocks.com. OFFICIAL THREAD on: February 09, 2014, 06:01:08 PM
We are unfamiliar with cryptostocks being scammy? Is there something we should know?

Yes there's something you should know. Did you click through and read?

Yes. And that doesn't answer the question. So let us rephrase...is there something we are missing?

Princess Celestia thinks VaultArmory should stop using majestic plural, or DUNGEON!
Earthpony will mind its manners or else it gets the hose again.
73  Economy / Securities / Re: [HAVELOCK] PETAMINE 220 TH/s on: February 09, 2014, 05:55:59 PM
I hope too that the company will start mining as soon as they can... cross fingers.....  Smiley
74  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: February 09, 2014, 05:30:37 PM
EduardoDeCastro, cheaptar and mainline, just fuck off!
...

Let me explain to you how this works:

You are not in a position to tell Ken, me, or anyone else what to do.  Your money, the thing that once made Ken listen to you, is gone.  
People have been kind enough to warn you that this would happen, happen with almost mathematical certainty.
You chose to ignore their advice, relying instead on your greed.
Enjoy the fruits of your labor, intrepid investor.

P.S:  Ken, you're keeping your suckers investors from trading for a measly, what is it, ~$40K now?  You're supposed to be a multimillion?  Cheesy
75  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: February 09, 2014, 05:29:46 PM
...
I would hate to have to rally the troops again to spam VMC phone lines to get some answers...
...

Whoa...

76  Economy / Securities / Re: [BitFunder] Moving Forward/Resolution Process on: February 09, 2014, 04:56:48 PM
...
I have not said anywhere that Ukyo has or hasn't lost the funds, but -he- has said they are not available and that weexchange has no assets. That means weexchange does not have the funds at this point in time, for whatever reason.

No.  That means that Jon said that weexchange does not have the funds.  See the difference?

Quote
I agreed to put my own neck on the line by posting in public for one reason only - to have an independent party provide a viewpoint from a position of knowledge of what was happening at the time. Since I raised the alarm in the first place, I hoped that people would see my as unconnected. It has certainly not been a fun experience thanks to certain individuals who specialise in abuse, but it was my decision, not anyone else's.

Danny may be an "independent party," but he's certainly not a "disinterested party."  See the difference?

Quote
So, to be absolutely clear. I am nothing to do with weexchange. I was the first person to properly raise the alarm (reddit, irc). I am working only on information told to me by Ukyo and/or Danny. I am aware of what happened in November but nothing since then. I am one of the mid sized creditors and am aware of people owed much larger sums.

If by "what happened in November" you mean "why/how the funds 'became unavailable'," then Jon has broken the gag order.  
If you don't know any more than what's publically available, it begs the question: "why are you defending Jon's innocence?"

Quote
To the best of my knowledge, certain factors make it impossible for Ukyo to know how long it will take to finish what he is doing due to other factors.

Right.  Because reasons.

TL;DR: If you don't know any more about this mess than we do, your support of Jon is just empty verbiage.  If you do know more, telling us would go a long way towards making you credible -- you're certainly not under a gag order.
77  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: February 08, 2014, 01:24:03 PM
...Ken will not ever let us trade until his made his money.
...

Now that Ken has turned this thing into a vaudevillian skit, what makes you so certain that he'll let you trade?  Maybe "one of his supporters" will start another poll about waiting for CC or some such?  I can't wait for the next plot twist!
78  Economy / Securities / Re: [HAVELOCK] Mintspare (MS) Bitcoin Electronic Trade-in Service - Official Thread on: February 08, 2014, 01:07:50 PM
Think this is overvalued, but I went ahead and picked up 300 shares.. First day of trading probably will not be pretty but who knows.

/db

this is what i don't understand, if you know the equity is overvalued and will likely tank when it hits the open market, why buy? why not invest in lottery tickets or something . . .

Because when I have a passive interest in seeing something succeed, I have no problem investing a bitcoin or two.. If I'm doing something purely to make money,...

What you're doing has nothing to do with the word "investing" as it applies to finance.  Investing is an act of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit.

Your type of "investing" is one of the things that makes bitcoin securities so attractive to scammers and bottom feeders.
"If we do it in bitcoin, we don't even need to convince the marks they'll make money!"

If you must feed the rats, do it with fiat.
79  Economy / Securities / Re: [IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings on: February 08, 2014, 12:21:34 AM
...
what happened with the bitfunder thing? got my coins out ages ago and didn't follow that ordeal.

from my limited knowledge it sounds like neo & bee had only good intentions and ukyo was responsible for ripping everyone off?
...

Whelp, Danny tells us he knows, but he ain't talking because... reasons.  Maybe if you ask him?
80  Economy / Securities / Re: [IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings on: February 07, 2014, 11:38:35 PM
pancake and maineline (Crumbs) must have seen this tweet https://twitter.com/BtcDanny/status/431909881709592578

Quote
Trolls are low on ammo these days. #boring Roundtable event on #bitcoin with the political party currently in office tomorrow

Nah.
Just noticed Danny trying to put a +spin on the WSJ article.  Awesome news, huh?  The tweet's cute, though.  You made me click.

BTW, Danny -

A challenger appears!  
...
Our vision is to create a secure method for users to hold their cryptocurrencies and fiat without fear of losing value of those holdings, while increasing their personal wealth over time in a competitive interest bearing savings account called the “Armory”...

You guys might become the twin pillars of transcurrency banking Roll Eyes
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