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Maybe the graphs should be disabled by default. I regularly check the stocks on my iPad and it takes ages to load the graphs and the whole page becomes unusable during that time. Logging in every time also isn't an option.
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BTW, I won another 200+ from JD today. and will spread 100BTC, 1BTC to each of those who invest 10BTC on lestsdice.com
A bad tongue could call this a ponzi scheme |
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Asking for 10k BTC with no reputation is quite ballsy. I'm interested in investing, but it seems really risky at this point. Edit: After this IPO, there will be 1,000,000 tradable shares on the market If I understand it correctly, the ownership of shares is determined by my BTC address. Whats your plan on making the shares tradable? Is it enough to message you to transfer my shares to another address? Edit 2: According to the IP of the server, the operation is running in Japan. In either case, have you considered legal concerns? Whats the regulatory framework regarding gambling in your country? (Or the country where the operation is running for that matter). |
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I am pleased to announce that CipherMine shall be issuing a virtual corporate bond on BTC Trading Co in order to raise growth capital. Herein all EUR/BTC valuations refer to the 30-day weighted moving average of BitStamp's USD/BTC price converted to EUR at the current rates according to XE.com. For the purposes of the examples below we have used a price of €85.00 EUR/BTC. 100,000 bonds are to be created priced at 0.01 BTC each. The terms of the bond are as follows: - An interest rate of ~22%/year (0.38%/week) based on EUR/BTC value at time of issue (eg. ~€0.0032 / bond / week).
- Dividends to be paid weekly.
- Bonds to be issued in tranches at discretion of CipherMine management; they shall only be issued if the management is satisfied that they can be repaid and that there is a useful way to spend them.
- After 12 months, each bond may be redeemed at any time by bondholder for 0.01 BTC.
- If before 12 months, three months notice is required to redeem bonds and rights to interest waived during that period.
- Bonds may be sold on the market at any time with no penalty.
- CipherMine has the right to redeem any bond in full with one month's notice to the bond holder at face value plus 12% less the number of months since issue.
- For example, after three months the redemtion value would be 0.0109 BTC/bond, and after 12 months the redemption value would be 0.010 BTC/bond. The redemption value will always be at least 0.010 BTC/bond.
- The bonds shall be secured against the assets purchased with the funds.
- Changes to the bond's shareholder contract would require approval both by a majority of CIPHERBOND bondholders and a majority of CIPHERMINE shareholders.
- Only CIPHERMINE shareholders would have the power to veto a motion (>25% voting against).
For further details please see CIPHERMINE.B1 on BTC TC. For reference |
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First of all, posting the TXId as proof of payment is one of the worst things you can do.
You should also declare what you're doing with the funds raised, how much money you're going to make and so on.
Also, why are you issuing all shares to the public? How are you going to profit from this operation then?
The Post of the TXID is so that I can match each transaction to the BitCoinTalk.org name I am issueing all shares as I will not be holding any shares back if I want shares I will have to pay for them as everyone else will have to I hope you realize that transactions are public and that someone can pretend to have made the payment? You should take a look at other stocks and bonds and learn about how its done before you start your own operation. At this point, I wouldn't invest a penny in this. |
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First of all, posting the TXId as proof of payment is one of the worst things you can do.
You should also declare what you're doing with the funds raised, how much money you're going to make and so on.
Also, why are you issuing all shares to the public? How are you going to profit from this operation then?
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The disclosure must now be agreed to before seeing the market or the individual assets.
Could you please add a redirect to the initially browsed paged, after accepting the ToS? |
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Also 23 and 3 can't be properly divided
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You could virtualize yourself and thus cutting the middle man reducing cost and setup time. (Once a vm is created you can just duplicate it)
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How about getting a dedicated server instead of VPS
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Why didn't you answer all of BitThinks questions? He has some good points. Let me add a few:
How many servers are actually running right now?
How many blocks were produced in the last 3 days?
When are you going to deploy the next servers? The moment you sell all shares or days/weeks later?
Will the ratio stay at 1 share per 1 server?
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I signed up for Bitfunder (although I am not sure I can use it in the way I was looking).
I have 50 Shares of Asciminer (purchased during original IPO) - I get regular weekly dividends, bit I am now looking to sell them on Bitfunder, but I was not sure how or if I can do that. Does anyone have any experience with doing that or perhaps could point me in the right direction?
I am not sure if I need to sell them in a private transaction or I can use bitfunder and if so how to proceed. I do not readily see any way to "load" th shares up into Bitfunder - thanks in advance
David
You should contact the issuer, where you got the shares initially from. He should be able to transfer them. Edit: Also you might consider selling on BTCT. If you just signed up on BitFunder you'll pay the ridiculous 1% fee on your sell. On BTCT (with 2FA) its 0.2%, with 50 shares thats quite a difference. |
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Hey burnside, I requested a pin reset 30 days and ~10-15minutes ago. On my portfolio page there is the following message: "There is a pending PIN RESET request on this account. It will be processed in approximately Expired. If you did not request this reset, your email account is compromised!" but no email or option to actually reset the pin. What should I do?
These were getting held up with a bug in the script, sorry about that. I think I got it worked out. Still haven't received a mail and account is still locked. Edit: Thanks |
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Hey burnside, I requested a pin reset 30 days and ~10-15minutes ago. On my portfolio page there is the following message: "There is a pending PIN RESET request on this account. It will be processed in approximately Expired. If you did not request this reset, your email account is compromised!" but no email or option to actually reset the pin. What should I do?
Same problem here with 2FA reset request |
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Jesus I can't believe you fools are falling for this. Have you done any research into this outfit?
Where are they based? Who is supplying their chips? How deep will the earthquakes go and who is going to pay for the damage to roads and power lines?
THINK it through people.
Disclaimer: I have 100k shares.
I hear their installation is immune to any catastrophes |
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BTCT being my first choice and bitfunder 2nd.  Same here. But Bitfunder only because of stock variety. Lets hope Havelock gets more attentions in the near future. |
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Confirmed by two others. It's not a remote problem and I didn't change anything. No proxy, different browsers.
/api/tradeHistory/ slight delay
/api/tradeHistory/SYMBOL major delay
/api/tradeHistory/ticker slight delay*
/api/tradeHistory/ticker/SYMBOL seems to be okay
assbot in IRC has a major delay
/api/orders/SYMBOL seems to be okay
realtime ticker on btct.co is live
A slight delay is somewhere around 10 minutes, major delay over 30 minutes.
* /ticker had a delay of 1-3 minutes a few days ago, but anything else was live. All timespans are estimates.
I noticed the same things on the website. Orders were fullfilled but not yet listed in the history. That happened first around a week ago. I can't tell if the API is also affected, but I guess both work on the same datasource. |
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As you can see here, some one bought 2,142,857 IceDrill.ASIC shares at 0.0014 BTC, IPO price:  And currently he is selling them all for 0.0015 BTC  A quick calculation, considering the 1% BitFunder fee, gives a decent 182 BTC, or 6%, profit for a short-term investment of 3000 BTC... Any guess who made this purchase? You should not forget that there is risk involved (i.e. btcgarden). If they call off the IPO and you invested 3k BTC, you're f!@#%ed |
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So, 500TH/s using 400GH/s chips, that's 1250 chips rated by the manufacturer at 350W each (I personally don't believe that last part, but ok), for a total of 437.5kW. Using a 90% efficient power source, that's at least 486kWh both in energy consumption and in heat generated, requiring cooling of at least 1,658,232BTU. Care to discuss how both of these problems will be handled?  It would also be interesting to know where in Europe this is beeing deployed, considering energy prices in Europe beeing quite high. |
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