if you read the paragraph it's clear that Ukyo is referring to Activemining, which is ran by a US citizen (Ken), who operates his own US hosting service ( http://www.axs.net/) while registering the company in Belize. There, I fixed it for you!  Ice, you really made a fool of yourself this time. Not like you care. You live for this shit.  How much have you lost on LAGcoin and ActiveScamming so far? 80%? 90%? Your own portfolio is making a fool of you. ALWAYS BET ON iCE... |
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if you read the paragraph it's clear that Ukyo is referring to Activemining, which is ran by a US citizen (Ken), who operates his own US hosting service ( http://www.axs.net/) while registering the company in Belize. There, I fixed it for you! |
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In case you didn't know Ice has invested in icedrill a competitor to Active Mining. So when you read his anti active mining posts thats why. He is also a common forum troll along with crumbs.
drawingthesun, you are being a tattletale. Nobody likes snitches. In fact, I hear they often get stitches. You noobish failvestment in ACTM won't be helped by telling on me. This "anti active mining post thats why."  In my honest opinion, I do not believe that making a claim that the site is 'virtual currency' and that
'No assets on the site are to be considered real.' would convince any U.S. Federal Judge (esp. when
a U.S. Citizen goes out of their way to put it in a server in Belize when they operate their own hosting
service in the U.S) that the service is not guilty of something already and deny an FBI warrant request.
The U.S. Government does not care where your services are hosted, or how you claim ownership is
divided up, and especially if you are a U.S. citizen that appears to be in control (and sometimes if you
are real lucky, they do not even care if you are a U.S. Citizen to begin with), if they want to make an
example out of you they will. (see. KimDotCom)  I know you are not very smart drawingthesun, so I will connect Dot A to Dot B for you: Ukyo is talking specifically about ACTM in the above paragraph, and is not impressed with their sophisticated shell company in Belize. |
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Given BTCT was just regulated to death, you may want to de-list any US based securities, even (especially) if they are hiding behind flimsy shell companies like Activemining's "Belize" entity.
The SEC is coming after anything with US connections/operations!
Can you provide any proof for your statement? Richard Bloomfield has spent three decades embracing the Swiss way of life. Married to a Swiss woman, the 63-year-old retired pastor speaks Swiss German fluently and admits he does many things “the Swiss way”. In the eyes of wary Swiss banks, however, he's still very much an American. Last year, the Swiss bank where he held an account for nine years informed him he should take his business elsewhere. Faced with onerous US tax reporting rules set to come into effect in 2014, the bank decided the costs were too great and that cutting ties with Bloomfield and other American customers would be preferable. They weren’t the only ones coming to this conclusion, Bloomfield learned when he was rejected by another Swiss cantonal bank. “When the fellow heard my name, he said no chance,” Bloomfield tells The Local. “He was very nice. He simply said it’s too complicated, costs too much money, we don’t want to take that risk.” Bloomfield eventually moved his account to the Raiffeisen bank, where he already had a mortgage. Many Americans in Switzerland, like Bloomfield, are finding the welcome mat gone from the doorstep of their local bank. Some banks are closing the accounts of Americans who live in Switzerland, while others are refusing to grant them mortgages or loans. http://www.thelocal.ch/20130402/american-expats-fall-out-of-favour-with-swiss-banks |
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What I want to know is this: after six months during which you've charged users superlative fees for using imaginary services you failed to provide, how exactly are you going to effect the refund of those BTC? Seems that if I rent a house and ten days later the landlord wants me to move he owes me money above and beyond whatever I paid him upfront, twice in most jurisdictions. Getting people to list on your "exchange" in the spring and telling them to pack it in the autumn is in no way different.
So, how do you intend to identify those you owe BTC to as a result of your tortiously gross negligence, and how do you intend to calculate the BTC sums owed and by what date do you intend to have repaid everyone?
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Assuming I'm in no hurry and would like direct shares per your plan, do I need to transfer my shares to you at any point or will you simply execute this plan for any remaining shares after the cutoff date?
We would simply execute this plan for any remaining shares as of Oct 10. So, to be clear. People who hold the AsicMiner pass through managed by you, burnside, do not need to do anything. Our shares will automatically be converted to direct shares on October 10th, after which are free to convert them to AsicMiner shares on bitfunder? I also have the same question. Please address this. He already addressed it. The answer is 'yes.' Is English your third language? Maybe a flowchart or interpretive dance would aid your faltering comprehension.  |
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can u plz not quoting him? ty.
I have this thing called a bullshit filter where I internally ignore people who spout rubish. Thankfully I dont need an ignore list so when someone who is ignored by many people actually says something which is not troublesome I see it and can respond. I think many people on this forum require this. Its called intuition. But in all seroiusness. If its a valid comment whats the harm in quoting someone. Its not like I have a detailed list of everyone on *your* ignore list... For 'special' people like KNB, life is about personalities, gossip, feuds, and shunning. For intelligent Bitcoiny types, we have humor, facts, logic, and free inquiry. Plus cookies! |
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Take off the 30 BTC entrance fee and mpex might get some assets
Keep the fee but reduce it to 3, for noob-repellant. |
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Hi all
We would like to close the 3rd batch of the IPO sooner than the 30th of September. As it stands, no shares have been sold at the offered 0.0016 XBT price so we would like to close it now.
If there are any objections to this, please speak up.
Batches 1 and 2 were successfully sold and raised the required funds for execution as stated. The project is a go.
No objections when are you closing it? As we've not seen any objections to closing the third batch, we'll do it today. Ask has been removed, A announcement will go out tonight with the final numbers in terms of amount of shares and hashing power. //DeaDTerra Dang, I'm going to miss that big old wall. *sniff* It helped get me so many Cheap Shares tm and now it's gone forever.  |
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correction: 796 has very high withdraw fees.
Screw them, then. They also have a very awkward interface. I see. I'm not very familiar with them at all, other then that they have some kind of HK license for dealing with money. I think bitfunder is the way to go. Being listed on 796 could give us some extra protection, plus being on multiple exchanges would make things much easier for people, especially if there was a way to transfer shares. That license only at best make their BTC exchange legal. Not a license will protect security exchange, which is almost impossible to be completely legal in my opinion. TOR + namecoin. Go dark or go home. |
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Another month passes, still no response from Yifu and still no scammer tag for the guy who stole our FPGAs.
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Let's not give rise to rumors and give Burnside the time he needs to sort things out and make his statements when ready.
That wouldn't be any fun. Too late also... Burnside shut down because FBI called and mentioned Gitmo forever with no trial is A-OK with the courts these days. /rumor |
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http://betsofbitco.in/item?id=1706HashFast will ship their first chip (to spec) to a buying customer on, or before October 31st, 2013.HashFast Technologies (http://hashfast.com/) is a fabless semiconductor manufacturer specializing in extreme performance hashing ASICs.
Their first chip, the Golden Nonce (GN) microprocessor, is in the final stages of development. The GN will ‘tape-out’ and be sent to manufacturing in August. Fabrication will take a little bit over two months, and the chips will ship to customers in October.
The GN chip will perform more than 400 Ghash per second, and uses as little as 10% of the power per Ghash as the current-generation ASICs.
Current-generation ASICs power per Ghash is defined as 1W for 1Ghash.
HashFast's GN Bitcoin mining microprocessor will ship to a buying customer on, or before October 31st, 2013, must hash more than 400 Ghash per second, and only draw a maximum of 40W.
Editor's note: We will judge the statement according to the forum posts. We will call it a draw if we think that there is not enough evidence either way.
Info
Opening date: Aug. 4, 2013
Bet deadline: Oct. 10, 2013 end of day Eastern Time
Event date: Oct. 31, 2013 end of day Eastern Time
Category: Technology
Total agree bets: 0.10
Total disagree bets: 1.00
Total weighted agree bets: 161.114
Total weighted disagree bets: 1614.042 This will be interesting... QG Where did this "10% of current-generation" power use claim come from? I don't recall HashFast ever saying they'd get 400GH with 40 watts. I just checked, and Hashfast's promised spec is <1 watt per gigahash, not 0.01! Did the creator of this bet just make up something impossible to ensure Hashfast can't win?!? Or is it just a typo? |
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http://betsofbitco.in/item?id=1706HashFast will ship their first chip (to spec) to a buying customer on, or before October 31st, 2013.HashFast Technologies (http://hashfast.com/) is a fabless semiconductor manufacturer specializing in extreme performance hashing ASICs.
Their first chip, the Golden Nonce (GN) microprocessor, is in the final stages of development. The GN will ‘tape-out’ and be sent to manufacturing in August. Fabrication will take a little bit over two months, and the chips will ship to customers in October.
The GN chip will perform more than 400 Ghash per second, and uses as little as 10% of the power per Ghash as the current-generation ASICs.
Current-generation ASICs power per Ghash is defined as 1W for 1Ghash.
HashFast's GN Bitcoin mining microprocessor will ship to a buying customer on, or before October 31st, 2013, must hash more than 400 Ghash per second, and only draw a maximum of 40W.
Editor's note: We will judge the statement according to the forum posts. We will call it a draw if we think that there is not enough evidence either way.
Info
Opening date: Aug. 4, 2013
Bet deadline: Oct. 10, 2013 end of day Eastern Time
Event date: Oct. 31, 2013 end of day Eastern Time
Category: Technology
Total agree bets: 0.10
Total disagree bets: 1.00
Total weighted agree bets: 161.114
Total weighted disagree bets: 1614.042 This will be interesting... QG Where did this "10% of current-generation" power use claim come from? I don't recall HashFast ever saying they'd get 400GH with 40 watts. Hashfast's promised spec is <1 watt per gigahash, not 0.01! Did the creator of this bet just make up something impossible to ensure Hashfast can't win?!? |
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The grown ups have arrived in the ASIC space. Sweet. Mind asking the grown-ups how many millions they need to lock up before they're comfortable shouldering some risk themselves? The problem is that the pricetag on that vaporware product this week looks great, but next week it may not. CoinTerra managed to collect plenty of pre-orders for December delivery priced at $7/Gh, but now hashfast is seemingly undercutting that pricetag if you HURRY HURRY and pay NOW! DON'T WAIT! Offer only valid until 11:59PST! So...who'll undercut hashfast's price for November delivery tomorrow? CoinTerra for January delivery is already priced at $3/Gh. Will hashfast ship the sierra I order in the next 10hrs before CoinTerra makes it look like a stoopit purchase? If I go by hashfast's own fine print then the correct response is to ignore this sale. Cointerra hasn't even taped out yet, and Global Foundries' 28nm expertise/capacity is nothing compared to TSMC's. Cointerra is vaporware ATM; HF isn't. The risk HashFast is shouldering themselves, borrowing start-up capital and putting their reputations/time/energy on the line, is substantial. Starting a new company is risky enough, much less one in the Bitcoin mining hardware space. You know that better than almost anyone else on the planet. I'm not demanding you buy a cheap Sierra (or 10 PRETTY PLEASE ), although that option is obviously my strongest recommendation. I am demanding you stop slagging the good name of HashFast, who at this time have done nothing to harm the community and everything to help it. They get the benefit of the doubt, from reasonable people. Your perfectly reasonable concerns have been addressed, repeating them is FUD. When you act unreasonably it reflects poorly on BASIC, which harms my interests as a shareholder. BASIC has enough troubles already; don't add to them by being a Negative Nancy on a thread for a product you have no interest in. |
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c) It still works because people continue to foolishly pay months in advance for rapidly depreciating products that don't exist yet.
If this were not the case then the pre-order model would rapidly disappear. CX, you keep exaggerating because you can't win this argument based on plain facts. You've let your butthurt from BFL/Avalon turn you against the most promising new ASIC company before they have a chance to proves themselves better than previous ones. That's not fair, much less intellectually honest and logical. The HashFast product exists. It taped out to TSMC a month ago. The supporting hardware also exists, being mostly off-the self kit anyone may order from Newegg or Amazon. You ordered Bitfury based products before they were on the self/ready to ship/in-hand, as you complain ASICminer charges too much for in-stock merchandise. Your Goldilocks approach to hardware worked well for a brief period, and now it doesn't, as has been reflected in BASIC's share price for weeks now. You lumped all ASIC vendors together, characterizing their merchandise as "rapidly depreciating products that don't exist yet." You're painting with too broad a brush, as cypherdoc and I have been trying to explain without success.  Seriously dood what are you even babbling about? Bitfury *IS* an ASIC vendor. Hashfast is not at this time. You tell me why they aren't comfortable with backing up their own stated timelines. Avalon had actually delivered a product prior to receiving a single coin from me. I've never sent BFL a bitcent, nor will I ever. If I'd listened to you I'd have sent funds to VMC months ago and have nothing whatsoever to show for it until at least December. You're all over hashfast as your fave of the week, and that's great for you, but I cannot afford to act rashly based on weekly flavor preference. They are backing up their stated timelines, but being careful to underpromise and overdeliver. You should be appreciative, not scornful. I didn't tell you to buy anything from VMC, but did bring up the possibility for your evaluation. You said 'no' and I agreed with your reasoning. HashFast is a different kettle of fish than VMC, as you would know if you'd bother to read up on the facts. That's why I'm going all Karl Icahn activist investor on you. Cypherdoc and I have been very patient trying to spoon feed you like a petulant toddler refusing peas, but it's time for you to do your part and admit that HashFast != [BFL, VMC] The grown ups have arrived in the ASIC space. Put on big boy pants and join us, or stay at the kids' table and fling poo. Your choice! |
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c) It still works because people continue to foolishly pay months in advance for rapidly depreciating products that don't exist yet.
If this were not the case then the pre-order model would rapidly disappear.
CX, you keep exaggerating because you can't win this argument based on plain facts. You've let your butthurt from BFL/Avalon turn you against the most promising new ASIC company before they have a chance to proves themselves better than previous ones. That's not fair, much less intellectually honest and logical. The HashFast product exists. It taped out to TSMC a month ago. The supporting hardware also exists, being mostly off-the self kit anyone may order from Newegg or Amazon. You ordered Bitfury based products before they were on the self/ready to ship/in-hand, as you complain ASICminer charges too much for in-stock merchandise. Your Goldilocks approach to hardware worked well for a brief period, and now it doesn't, as has been reflected in BASIC's share price for weeks now. You lumped all ASIC vendors together, characterizing their merchandise as "rapidly depreciating products that don't exist yet." You're painting with too broad a brush, as cypherdoc and I have been trying to explain without success. |
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HURRY HURRY HURRY AND PAY! Delivery is guaranteed by the 28th of February. That's right CX, you need to hurry up and get on the HashFast train before it leaves the station. HashFast is offering the most bang/buck and you're going to regret mocking them instead of ordering on-sale Sierras. meh. I'd be all over it if they'd guarantee delivery before January 31, 2014. They do not, so I am not. How about December 15? for a product they claim will be ready in November? How is that asking too much? Why should I be confident in their ability to deliver in a timely fashion if they are not? Sick to death of these pre-order gimmicks to gather up 0% interest financing all the time. Don't these guys have enough funding YET to produce a product and THEN offer it for sale? They could instantly distinguish themselves by simply behaving like a retailer instead of a vapor peddler. You have to do your own research and make the determination which pre-orders are legit and which are sketchy. Lumping all ASIC vendors together with BFL and Avalon is lazy, wrong, and hurts your investors. The evidence that HashFast is miles ahead of the competition is readily available, should you make the effort to peruse it. Their chips are not vapor, they are currently being deposited layer by layer on a wafers at TSMC and will be ready next month. Did you miss the thread where cypherdoc dispelled the FUD with a full endorsement? |
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Everything Bargraphics touches turns to shit and fails.
If you listened to his advice on ACTM, you've lost your shirt.
If you listened to his advice on TerraM, you've lost your shirt.
If you listened to his advice on LABCOIN, you've lost your shirt.
There is no good reason to think his fancy California lawyer will do anything except take what's left of Bargraphic's money and then tell us we're going to get laughed out of court in the case of Greedy Fail InvesTards vs Chinese Ponzi Scheme.
Only speculators lost in ACTM, we can come back to this once they have chips and are selling a product in November. Never invested in anything called "TerraM" Never invested in "LABCOIN" as I do not even have a BTCT account. Did invest icedrill though which you seem to be Heavily invested in so hopefully that doesn't "turn to shit and fail" hah I'm not entirely sure you understand what you are talking about considering you mention "investing" and "Chinese ponzi scheme" in a "consumer product purchase" vs "california LLC/citizens" The owners of terrahash are not even of chinese descent.... You are really out of your trolling element today iCEBREAKER usually you post things that are so arbitrary that they can't be proven wrong or right but in this case you dropped the ball. OK maybe I'm wrong and your glorious lawsuit will be a success resulting in a more than complete recovery of the BTC TerraH accepted from gullible you. But based on your track record with ACTM and Avalon investing, it seems highly unlikely. Good luck! |
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Actually it is hard, which is why most companies have entire accounting departments?
Most companies use Quicken or some other software and stopped having accounting depts years ago. |
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