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661  Economy / Gambling / Re: Dragon's Tale - a Massively Multiplayer Online RPG/Casino on: June 28, 2013, 01:28:07 AM
There needs to be a support system or a way to get some sort of support.   I asked tonight what the best way to get in touch with someone in the chat and it goes silent like you didn't say a word.  
If you just entered the game and no one is on the same island as you started on, then no one can see your chat yet, when people show up in the chatlist as yelllow dots(you or they talk when your on the same island), or green dots(if they added you as a friend) then they should be able to see your chat after that.
662  Economy / Gambling / Re: Dragon's Tale - a Massively Multiplayer Online RPG/Casino on: June 28, 2013, 01:21:01 AM
There is problem to reach DT at the moment, seems to be the node after 208.67.164.150 that is having problems, 6 nodes before coming to DT's servers.
663  Economy / Service Discussion / Re: Is Cryptostocks beeing attacked to now ? on: June 27, 2013, 04:29:28 PM
Seems like the site is back up and working now
664  Economy / Service Discussion / Is Cryptostocks beeing attacked to now ? on: June 27, 2013, 01:03:17 PM
Cryptostocks, https://cryptostocks.com/ is not working at the moment.
Why is that so Kumala, is Cryptostocks beeing attacked to now ?
665  Economy / Securities / Re: [CRYPTOSTOCKS] (GMP) crowdmining on: June 26, 2013, 03:50:00 PM
hmm, no dividend on the MGMP stock the 25 juni, why ?

in GMP dividdend was payed the 25 june but nothing in MGMP yet

        Date                Total dividend      Number of shares    Dividend per share
GMP  25 Jun 13:28    0.55997050        3,490                      0.00016045 BTC
MGMP 25 Jun ??       0.00000000      62,606                      0.00000000 BTC
666  Economy / Service Discussion / Re: Cryptostocks.com certificate not valid? on: June 21, 2013, 09:48:25 PM
They probably messed it up and dident get a new certificate, site works on firefox thou if you accept the certificate.
667  Economy / Securities / Re: [Cryptostocks] Vircurex - Request for vote: List GDC or WDC? on: June 15, 2013, 09:16:17 AM
What will be listed now ?

At all WDC earned more support but somehow got a lot more of dislikes, what looks like it was bought for money.
GDC got little less support but no bought dislikes.

A win for WDC then ?

I think it result of the votes should means that DGC(190 yes and 22 no votes) will be listed for trades on the exchange and in the future Vircurex will only take up votes on, or consider listing a new coin if a shareholders that has more than 1% (off all shares or the publicly held ones ?) or more of vircurex stocks suggests a new coin, meaning people will need to have at least 287 or 87 shares depending on what they meant by it.

But in reality with only 2,20% yes votes on DGC from those holding the public shares i doubt the result will not be taken as a yes from the shareholders side.
668  Alternate cryptocurrencies / Altcoin Discussion / Re: Vircurex: Which of these coins would you like to see on Vircurex on: June 12, 2013, 02:59:17 AM
When will we know the results of the vote?

Result of the votes should have been shown on https://198.211.105.133/securities/34#vote the 09 June but was some bug on there site but it's fixed now by Kumala, result from 8612 shareholders votes was:

Result (Y/N)
WDC 195/5546
DGC 190/22
669  Economy / Securities / Re: [Cryptostocks] Vircurex - Request for vote: List GDC or WDC? on: June 12, 2013, 01:08:23 AM
Thats good you fixed it Kumala, thanks.
670  Economy / Securities / Re: [CRYPTOSTOCKS] Vircurex [VCX] - Going public on: June 12, 2013, 12:58:02 AM
There is no breach in contract, the dividend payment is inline with the result of request for vote #16.

Kumala

How could it not be a breach of the contract even after the passing of vote #16 for whatever reason some people voted yes on that proposal ?

Vote ID #16 at cryptostocks the vote in Vircurex you mention Kumala:
"Change current process of paying out complete revenue as dividend to paying out 70% of the net profit as dividends and retain 30% of the net profits to increase the NAV until NAV reaches the value of 0.25."

Profit for May one think should have been in the neighborhood of the same as April(an up-going trend that was temporary stopped by the security breach and a few days with service not working 100%) if you diden't temporary lower the fees(to 0,1% was it ?), that might be a good thing in the long perspective(to keep customers that otherwise may go trade there coins at another exchange where that was possible) to do, but was probably negative(at least for that month) to the minority(public 30%) shareholders, so such thing you should probably have taken a vote on before doing.

Well anyway, profit was 130.65 BTC according to the May 2013 Report for the month May, if one considers full profit(0,5% fee) for 1/3 of the months volume and 1/5(0,1% fee) on the volume for 2/3 of the month then Vircurex actually trades pretty good volumes in May, volume up 11% even thou the problems you had that month.

Dividend that should be paid out according to the contract should then be 130.65 and if you had not reduced the fees probably up to around 280 BTC

Dividend according to the vote you mention, if that vote's result is a legally binding reason to change the dividend rules set in the original contract. 130,65*0,7= 91,455 BTC and around 280*0,7= 196 BTC if you had not reduced the fees for May.
The retained BTC to raise the NAV then becomes 39,195 BTC or around 84 BTC if you had not reduced the fees for May.

The shareholders(30% public shares) that effectively have voted to give away 8162*0,25=2040,5 BTC (if the vote is reason to change the original contracts rules) of there dividend for the first 12 months period when the majority owner is not entitled to any dividend to build up NAV value, effectively giving away 2040,5*0,7= 1428,35 BTC to the majority owner, you Kumala,
Those shareholders you have decided that you should punish and take another 91,455 to 280 BTC from this month and around 2300-2400BTC in total(1454 BTC 23 400 LTC and 225 263 TRC) the coming months without any support for the actions you have taken in either the contract or the votes you mention.

Would you care to answer the other questions in this thread https://bitcointalk.org/index.php?topic=226366.0

671  Economy / Securities / Re: Crypto::Stocks Withdrawal on: June 11, 2013, 04:24:09 AM
"DVC: Minimum withdrawal is 100.0, maximum withdrawal is 20000000.0, withdrawal fee is 25.0 DVC" there site says on Devcoins. So you should be able to withdraw 90 000 DVC as long as you have 25 DVC more in the account than the amount you withdraw to pay for the fee. The amounts they mention does not refer to USD or something like that. Sounds like you found another bug at cryptostocks site....
672  Economy / Securities / Re: Vircurex may 2013 report, is this a joke Kumala ? on: June 11, 2013, 04:11:21 AM
In the february value they have calculated "Book Value" as (8612*0,25BTC(introduction price of the stocks))*0,9985(0,15% fee at cryptostocks)= 2149.7705BTC. so it looks like it's only the assets (the BTC they got in from listing the company that should have been converted to fiat immediately acourding to the contract) on the bank account that is included in it. Surely they have to include the value of the coins they are missing in the value from may and onwards to.
If the site woulden't have lost those coins, what they would build up in reserves from the 30% they would not pay out in dividend ("to raise NAV value") would be included there i guess.
There's really no explanation from Vircurex to how they calculate the "book value" or the NAV so people can only guess there.

What happened to the monthly report they said before that they would publish on there Vircurex site, i could not find any on there site for Mars and April, diden't they publish any for those months or did they remove them ?
Now they changed it to quarterly ones instead, so i guess it means no info to the shareholders for 3 months, there gonna keep them in the dark on how it goes, that's real bad of Vircurex.
673  Economy / Securities / Re: [CRYPTOSTOCKS] Vircurex [VCX] - Going public on: June 10, 2013, 06:39:52 PM
You can read here https://vircurex.com/Reports/2013-05.pdf
It's mentined in this thread https://bitcointalk.org/index.php?topic=226366.0 to.
The minority shareholders(30%), will pay the full loss in the form of no dividend(in breach of whats stated in the vircurex contract on cryptostocks) has kumala decided.
The first 12 months Vircurex majority shareholder kumala(70%) was not entitled to dividend. Now he has decided that those owning the public 30% of the shares should be the ones paying 100% of the loss in the form of no dividend for the next 9 months or so....
674  Economy / Securities / Re: [Cryptostocks] Vircurex - Request for vote: List GDC or WDC? on: June 10, 2013, 05:41:24 PM
As i mentioned in this thread https://bitcointalk.org/index.php?topic=226366 the voting system on cryptostocks seems to be bugged. Votes in JDBIF and now also in your stock Vircurex is closed but there is no result from the votes.
675  Economy / Securities / Re: Vircurex may 2013 report, is this a joke Kumala ? on: June 10, 2013, 05:36:35 PM
Now the 2 votings in Vircurex is closed to but there is no result from that vote either when will you fix the bugs in the voting system on your cryptostock site ?
676  Economy / Securities / Re: [CRYPTOSTOCKS] (GMP) AVALON crowdmining on: June 09, 2013, 01:42:59 PM
GMP has not got there AVALON's yet.
677  Economy / Securities / Re: Vircurex may 2013 report, is this a joke Kumala ? on: June 09, 2013, 07:01:30 AM
There is some bug in your voting system at cyrptostocks Kumala, JDBIF has a vote that closed on 31 may and the result is not shown yet.
678  Alternate cryptocurrencies / Altcoin Discussion / Re: Vircurex - Want DGC or WDC listed? on: June 06, 2013, 08:50:35 PM
Thats nice that you let the shareholder vote about witch new coins should be added (or not).

Could you please take a look at this thread Kumala https://bitcointalk.org/index.php?topic=226366.0 and explain some of the things that seems a bit unclear with Vircurex May 2013 report...
679  Economy / Securities / Re: Vircurex may 2013 report, is this a joke Kumala ? on: June 06, 2013, 07:08:07 PM
When one looks a bit closer at the numbers in the may 2013 report some numbers seems a bit strange, under financials for example:

                                         Feb              Mars                April                     May
Number of shares:                   -             28700              28700                 28700
[Free Float Shares                    -              8612                8612                   8612
Revenue:                               -             125.63             252.44                130.65
Paid Dividend:                         -             125.63             252.44                        0
Cost of operations:                 -                520 $            1541 $              730,30 $
Book Value:                    2149.77 BTC     1937,99 BTC      1485,70 BTC             -102.33 BTC
NAV:                                  0,749 BTC      0.0675 BTC         0.0518BTC             -0.0036 BTC


Book value from Feb 2013 is clearly the exact value of (8612*0,25BTC)*0,9985(0,15% fee at cryptostocks)= 2149.7705BTC
Was all 8612 stocks sold before the end of Feb 2013 ?
Why no shares listed in Feb numbers ?

Acording to the contract,
"Currency Exchange Risks All expenses are paid in USD, thus to limit the possible risk of currency fluctuations, all proceedings from the listing will be converted to USD immediately. The funds will be held in a bank account and will not be used for anything other than paying the operational costs of the platform."
 the BTC brought in from the IPO was going to be deposited at a bank account to garante to cover the cost of operations(in case BTC price would go down during the 3 year period i guess), when was this done(28 Feb ?) and what conversion price $/BTC was there when the funds were converted to $ and in the book value for Mars-May what BTC/$ price is used for calculating the Book Value for the funds in the bank account and whats the amount on the bank account for each of those month.
Basically when you mix BTC and $ in your financial repport you have to have the actual amount in $ in the bank account and/or what BTC/$ rate you used for the calculations for it to be clear.

Also NAV value for Feb 2013, no stocks still it seems to be calculated at 2870 stock, a calculation error and a typo at number of shares or Feb 2013 ?

If BTC was converted to USD at the 28 Feb 2013 at the avg price that day 32,69$, then how on earth can the book values for Mars(31/3 92,7$/BTC) April(30/4 139,84$/BTC) and maj(31/5 128,15$/BTC) be correct then ?

It looks to me that the book values for mars should be more like 752,49 BTC for Mars, 487,81BTC for April and 526,61BTC for May

Mars
2149.77*32,69=70275,98   70275,98-520=69755,98   69755,98/92,7=752,49BTC
April
69755,98-1541=68214,98  68214,98/139,84=487,81BTC
May
68214,98-730,30=67484,68  67484,68/128,15=526,61BTC

if the funds was converted to USD directly as stated in the contract.
and the may value of 526,61BTC is ofc without the loss of 1454BTC
So if you include the btc that you are missing from the loss it's more like -927,39 BTC !!! (that should be reported in the book value for may) with only the $(in bank account) and BTC(loss in security breach) part taken into account, it should be even worse if you add the fact that you stated about 23 400 LTC and 225 263 TRC was lost to that is mentioned in the report to.

Should we interpret this fact as that the funds from the IPO was never converted to USD as said in the contract or as that Vircurex is lying in there May 2013 report about how bad the situation is ?

So Vircurex/Kumala, would you care to tell us if Vircurex in reallity is missing way more than the 102,33 btc(that is stated in the book value) and rather the equivalent of way over 1000 btc instead ?

680  Economy / Securities / Vircurex may 2013 report, is this a joke Kumala ? on: June 05, 2013, 09:10:46 PM
See the quarterly share holder report on https://vircurex.com/welcome/investors

https://vircurex.com/Reports/2013-05.pdf

Is this some kind of bad joke in the quarterly repprt, Kumala.
""...unfortionately the service provider has then done and posted the credential in there helpdesk ticker, rather than the standard process of sending it to our email adress (witch has 2FA protection), also the security setup of allowing only our IP range to login to the management console was not working. It was an additional security feature the provider offered....."

Then later it's stated
"Consequensces  The loss of funds will be recovered out of the monthly dividends. Dividends will be used to purchase back the missing funds in the coming months. Depending on the trading volume development this is expected to take 9 to 12 months."

Then if one takes a look at the Vircurex contract at Cryptostocks
https://cryptostocks.com/securities/34#info
"Special conditions The security issuer will not be entitled to dividends for a period of 12 months after the listing. "

So from a fault from the hosting provider has done you decide to not demand compensation from the provider ?

Instead you decide it should come out of the dividend from your new investors, that bought 30% of Vircurex stocks at Cryptostocks those that own that 30% should acourding to you for the next 9 months pay for it in the form of no dividend, the same period for witch the majority owner 70% is not entitled to dividend...

Why don't you split the responsibillity according to the ownership , 30% the new shareholders will pay for and 70% the majority owner in case you can't get the funds back some other way and persua a process to get the lost funds back from the hosting company for there mistake and try to trace where the money has been stolen to and who's behind it.

Or at the very least take funds from the building of NAV value and still pay out 70% of the net profit to the shareholders first.

However you look at it,  this moths result if you include the stolen funds as a loss in the result(if you can't get it back) that dosen't mean next moths result will be a loss and therefore if that month is generating profit(witch it should do unless the breach of security will become a monthly event) shareholders should still have there dividend from next month and onwards.
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