you from Yubikey? or MtGox? And how would I even sign up for a yubikey at mtgox - the page https://yubikey.mtgox.com/ still has a 503 error - been like that for at least a week now - Okay, seems a bit of confusion going on here, hope the following helps: 1. There is no URL "yubikey.mtgox.com" - it just redirects to their front page where you can log in. I don't know where you got that URL but it's bogus so quit it. Steps to get a Mt.Gox Yubikey: Sign into your account, go into the security area and order your yubikey. Are you serious buddy?  ? Steps to reproduce: 1. Login 2. Click on Security Center 3. Click 'Add New' button below Yubikeys where it says 'No Yubikey has been linked' Now tell me, that 'Add New' button - what URL does it go to? Yup, it goes to https://yubikey.mtgox.com/ which gives a 503 Error. That's the same URL that you say doesn't exist - "I don't know where you got that URL but it's bogus so quit it" I got it from trying to get a Yubikey in MtGox. Still wanna say its bogus ... |
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welcome to the real world
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WTF does that billboard even mean ?? |
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I decided I'd better add some better security to my Mt.Gox account, so for the last few days I've tried to add a Yubikey. But, it goes to this page which has 503 error, which has been like that for days now: https://yubikey.mtgox.com/I'm thinking now, is trying to get a Yubikey even worth it? Are there any best practice methods of keeping your account at Mt.Gox secure? Cheers bigdude Works fine for me, been using my Mt.Gox yubikey for a few months. But please tell me you bought your yubikey from Mt. Gox directly right? If so just log in from their main page - it will ask you to press your Yubikey when it's required after your normal credentials. Go to security settings in Mt. Gox to alter the default Yubikey behavior. umm, no ... excellent idea - I just finished setting this up on my iPhone ... works perfectly Thanks  you from Yubikey? or MtGox? And how would I even sign up for a yubikey at mtgox - the page https://yubikey.mtgox.com/ still has a 503 error - been like that for at least a week now - |
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Posting in hopes of getting to jr member title
congrats - you made it  |
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Get a lawyer, and if you hire a programmer, force him to sign an NDA, which means that, if he steals your idea, you can sue him. Plus you may want to put him on a contract so he sticks around to finish the job.
Lawyer ... already! hell no! My advice, find a mentor, or someone with business experience willing to help out. They can give advice etc. Forget about lawyers, NDA and that crap. Concentrate on the idea itself, planning, and then implementation - not Bureaucracy But can you explain what happens when the programmer steals your idea, and makes all the money? What do you do. You can't do anything. The guy asked how to protect himself, their is no other way to protect yourself. Plus he said basically he wants to start a payment processor, and that requires a lawyer. So sooner or later he will need a lawyer. Yes he will eventually need a lawyer ... but not now. Concentrate on the idea, get a prototype (beta, or even alpha) running. Get some functionality, even do some market testing - THEN get a lawyer involved to protect IP, and deal with regulations etc. There is no point spending startup $$$ on lawyers with out a real product or verifiable idea. Its a sheer waste of resources. If you have an abundance of resources (time and money), go for it, otherwise, stick to what matters. As for an NDA, no harm it using one. But you dont really need a lawyer for that. Also, NDA are virtually useless. If someone really wants to rip off an idea, they will. Also, don't forget that most developers are developers ... they are good at code - not business (yes this is generalising, and it is generally true ) |
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welcome to the real world lol
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Get a lawyer, and if you hire a programmer, force him to sign an NDA, which means that, if he steals your idea, you can sue him. Plus you may want to put him on a contract so he sticks around to finish the job.
Lawyer ... already! hell no! My advice, find a mentor, or someone with business experience willing to help out. They can give advice etc. Forget about lawyers, NDA and that crap. Concentrate on the idea itself, planning, and then implementation - not Bureaucracy |
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Interesting.
How does the price go from $108.40 to $102 in seconds
Massive sell order?
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AMC Accounting For May.  I think the Credit/Debit columns are reversed. No, they are correct. Asset Account - Debits increase / Credits decrease Liability Account - Debits decrease / Credits increase Revenue Account - Debits decrease, / Credits increase Expense Account - Debits increase / Credits decrease (accountant checking in ) |
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In Singapore, I feel that we are quite passive. Hard to get anything off the ground without the explicit approval of the govt. Also with the involvement of the govt, the Coin can gain trust right from the beginning, we just need to help propagate the usage of the coins. The approval of the govt can leapfrog the SG Coin process.
Why would the govt get involved? And how would you even get them involved? |
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Still waiting for a response from WeExchange (see my post on May 16 for details).
I called their 1800 phone number 4 days ago. Spoke to Graeme and was told "I'll look into it. Someone will call you back in an hour" - BUT, No call back!! No response to my tickets or PMs here. Nothing.
I deposited $200 in their account over a month ago but have not had any success in getting this resolved, so at this stage I have to concede I've been ripped off by WeExchange for $200.
If they do actually respond and assist me to either refund my money, or better still process my payment, I'll be happy to report back.
I'm not confident though. I think their operation is falling over.
I think WeExchange is dead.
Big Shame - as an Aussie I was really proud to think an Australian business was the first Ripple gateway.
Haved you tried PM'ing Ukyo or Graet? |
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I support israel more then I do palestinians.
and here we go ... |
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This debate is both interesting and fun, but why are we debating so hard about the best way to sell more shares if Ken didn't say AMC needed more money ATM ?
"This was just a little test to see how the market reacted to a few shares (~150,000) being sold. We are starting to spin up Avalon boards to get ready for the 20,000 chips we have on order. In the next few weeks there may be a need for increased capital. I am working hard to increase the price of AMC's shares and get the most value from the shares that AMC still holds." Nice pickup there stereotype I try bigdude. I try.  Hope you can come on-board, with a mutual agreement with AMC/Ken. LOL |
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This debate is both interesting and fun, but why are we debating so hard about the best way to sell more shares if Ken didn't say AMC needed more money ATM ?
"This was just a little test to see how the market reacted to a few shares (~150,000) being sold. We are starting to spin up Avalon boards to get ready for the 20,000 chips we have on order. In the next few weeks there may be a need for increased capital. I am working hard to increase the price of AMC's shares and get the most value from the shares that AMC still holds." Nice pickup there stereotype |
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The best way to buy shares of AMC is through bitfunder.com The price is set based upon supply and demand as determined by the bids and asking prices of people who use Bitfunder. Hello,
Is it possible to buy shares directly to AMC ?
(...)
Thank you
Actually, that's a very good question. There should be a way to buy shares directly from Ken.Imagine he posts a batch at 0.0008 and gets immediately undercut at prices like 0.000799, etc, from flippers. Even if cheaper, I don't want to buy from them, I want to buy from Ken. AMC doesn't see a satoshi from shares bought from flippers, but any shares bought from Ken is a direct AMC investment. In the end, any shareholder is getting more bang for their BTC by buying shares directly from Ken, as that translates to AMC growth, while buying from flippers does not. There is another side to the coin which I think few are taking into account. When we are talking in the real world with new share issues, IPO's and similar - the large investors 99.99999% are able to buy shares cheaper than retail investors. So, myself for example, I am serious looking at buying a very large number of shares in AMC, but I would not go and by 2,000,000 shares right now from the market (bitfunder) for these reasons: 1. I would be driving the price up in order to soak up 2,000,000 shares - which initially looks good for investors, bad for me, but the price will most likely drop again anyway. 2. Why would I pay more than .0008 on the market, when I know that is the limit set by kslaughter 3. As a large investor, I would most certainly want and hope for a discounted rate than the present market rate. How that would happen is probably best as a private transaction, but WITH public knowledge. Nothing under the table. I am a firm believer in that. Then, as it is a private transaction, those shares released would then need to be stapled on to the market again. My 2 satoshi's as an investor. And yes, I am seriously interested in a large investment. .0008 is the lower limit not the upper limit. Understood - which is why i said limit ... not max limit The problem with having any limit, is that it provides a false guide to the market ... and people will hover around it. But, not so much of a biggy |
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^^^ Exactly.
And please no back door deals without public disclosure.
Doing Deals like giving large investors discount, by doing share transfers without making this completely transparent are a very effective way to destroy the trust in a company.
I agree with you on the no back door deals. I DO think selling a large amount of shares off of BitFunder to large investors, even at a discount, is fine though - BUT .... it can not be some secret under the table transaction. As I said earlier, there needs to be full disclosure to the market, to the existing shareholders. It could even be a bit democratic, get feedback from the shareholders, a kind of un official approval (but thats another matter). For me, yes to large investors, even off bitfunder, but full PRIOR disclosure is a must. |
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BigDude,
The best way to buy shares of AMC is through bitfunder.com
The price is set based upon supply and demand as determined by the bids and asking prices of people who use Bitfunder.
Essentially, you are saying that because you are prepared to buy 2,000,000 shares at the artificially low price of .0005 right now, that Ken should make a deal with you, outside of the market.
Your post seems like you are soliciting such a deal. As long as you are making an argument for why Ken should sell shares directly, why shouldn't he make an offer to the investors who have shown confidence in AMC already, and offer those 2,000,000 million shares to all the investors who already own over 1,000,000 shares? Why should such an offer be made to you, BigDude?
You seem to be aiming my general comments about large investors at me personally - so don't. My comments are not solicitation of any kind. If I really did want to do that, I would go direct, no mucking around. And I certainly wouldn't have just voiced an opinion - and it is only that ... my opinion. My point about being a large investor, is that there is another side of the coin. It's no so simple as looking at it from one point of view. A few points to make: 1. In the real world, we are talking Nasdaq and the like. There are institutional book builds done when an IPO or large share placement is done. This is the reality. And that was simply the point I was making. These book builds are where the big boys with the big $$$ essentially bid against each other for the shares. Once finalised, these are STILL at a discount to retail investors. 2. Continuing on from point 1. The business doing the IPO, they don't say hey, you have to pay retail prices that is best for our company. It doesnt work like that. They need the big $$$ coming in, yes even at a discount, in order to complete the placement of shares. Again, this was simply my point. 3. You ask Why should an offer be made to me? I never said it should, I am no one special. My point, again, is that if there are large investors willing to invest large sums into AMC, as a shareholder I would be ok with them doing that at a bit of a discount - because I understand the realities of points 1 and 2 above. Large investors are GOOD for the business, and good for shareholders. It's a sign of confidence. Your post seems like you are soliciting such a deal. As long as you are making an argument for why Ken should sell shares directly, why shouldn't he make an offer to the investors who have shown confidence in AMC already, and offer those 2,000,000 million shares to all the investors who already own over 1,000,000 shares? Why should such an offer be made to you, BigDude?
That's an exellent idea ... and yes, he should do that. He should make such an offer to those investors. Again, this was not about me. It's about AMC. And, why should 2,000,000 shares at .0005 be sold to you? You have no obligation not to just turn around and sell those shares immediately for .0008. Essentially, you are asking Ken to just give you 600 bitcoin for buying a large block of shares. At the moment, that is a gift of $60,000 for buying $100,000 shares.
Again, not about me. How does AMC benefit from that sort of deal with you instead of just offering the 2,000,000 shares at market price and waiting for smaller investors, as an aggregate to buy up the shares?
2 million shares at .0008251 (the price now) is 1650.2 bitcoin. If sold to you and .0005, AMC would only get 1000 bitcoin. Should AMC lose out on a potential 650 bitcoin (or $65,000 at today's exchange rate) just because you are a "large investor"?
Should google, facebook, or any other company in the world listed on the stock exchanges not offer large investors discounts too? There are reasons they do it. That is my point. Lets say AMC wants to release 15 million shares right now because they need the funds to buy equipment NOW, right now. But then it takes a long time for those 15 million shares to be soaked up at full retail rates. This is one of the big reasons book builds are done with large investors. It guarantees that the business with get the funds ... and its good for the company, its good for investors. What price, what discount ... that's up to the AMC. But yes, I think there should be one - if its needed. Further, even a deal done outside of the exchange would affect the market price, if not immediately, then eventually, since eventually, those share would get sold and that increased supply, when it does hit the market, would lower the price of the stock. It is simple economics and supply and demand.
That is only one scenario. Another scenario is that someone comes in, buys 10,000,000 million shares, adds excellent stability, legitimacy, and liquidity to AMC - then AMC is able to make very large investments in chips, hardware etc. The market sees this, and more people want in, pushing the price up. You see, you dont have a crystal ball, and neither do I. No, BigDude, the only one who would benefit from such an outside deal would be you. AMC would not benefit, existing large investors in AMC would not benefit and Ken would not benefit from such a deal.
Again, its not about me. It's about AMC and shareholder value. You say AMC would not benefit. That's your OPINION. My OPINION is that it would. |
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Hi everyone. I'm BitcoinAshley from the future. The forum can't display future post dates, but a bitcoin-crowdfunded time machine was built and I am returning to this thread from June 11, 2014 to tell you the following has happened: -BTC is $123,748 (Sorry, Rpietila) -Bernanke and Krugman both admitted they were wrong on national TV -Gold is $4,378/oz (Sorry, cypherdoc) -The USD is inflating at a rate of 37% YoY at the moment, increasing every month. The EUR and JPY are already in shambles -I am really, really rich -So are all of you. Well, most of you. A few of you took long-term short positions, and still will, even after reading this (we used algorithms to determine that this post would not significantly affect the future. Turns out bears will be bears.) -Your grandma can now use bitcoins to buy petrol and cigarettes at the ghandi mart. Congrats! -Litecoins are accepted at Wal-Mart -Satoshi Nakamoto's true identity has been discovered. But I'll make you wait for that one... Ok, trade accordingly! who won the superbowl? and did Iran change the national currency to bitcoin yet? |
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I'll start the bidding ...
... .000000001BTC
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