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Facebook has at least one BTC group, search for "Miami International Bitcoin" there.
EDIT: They have over 800 members, many NOT from Miami.
Strange suggestion. Try searching "Bitcoin" and you'll find one with 10,000 members. https://www.facebook.com/groups/TheBitcoin/Although that fucking stupid banner needs to go. It was suggested to be changed, but the maturity level of the folks on that page is apparently about twelve, so you can imagine how that went over. -B- The suggestion to use a current Facebook group kind of misses my point entirely. The idea is to use the power of social networking to introduce people to bitcoin that have never heard of it! Simply having discussions with the current community does not achieve the objective of promoting the use of bitcoin. |
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There was recently a topic about this, I cant find it anymore. But it was a facebook wallet where you can send bitcoins easily to your friends on Facebook. That is already the perfect tool to introduce bitcoin to your friends, you can just give them some on facebook. They only need some good information video (that isnt 1 hour long  ) to explain some basic stuff to them. you mean this: http://www.coindesk.com/facebook-integrated-wallet-makes-sending-bitcoin-easy-messaging/its a great tool! Love it, nothing quite like receiving a bitcoin to make you investigate what the hell it is! |
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There was recently a topic about this, I cant find it anymore. But it was a facebook wallet where you can send bitcoins easily to your friends on Facebook. That is already the perfect tool to introduce bitcoin to your friends, you can just give them some on facebook. They only need some good information video (that isnt 1 hour long ) to explain some basic stuff to them. Yeah I know the video I suggested might be a bit high brow for the masses, but the guy is utterly compelling in his arguments. I love the wallet on facebook idea, but since we already understand that sending money to people who really need it (in countries suffering from very poor fiat currencies) is likely to be the first major use of bitcoin, then perhaps it might be more effective to get the ball rolling by doing just that, friend up with people in those countries and send them $10 ( BTC0.016), see how many people they tell! network effects can be exponential. |
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It strikes me that we have a great and huge community here that spends large amounts of time talking about bitcoin WITHIN the community. I have to wonder what would happen if we took all that energy and all started promoting bitcoin outside the community, especially on facebook! Just take a moment to share one of Andreas Antonopoulos video's ( https://www.youtube.com/watch?v=JP9-lAYngi4) on your facebook page, and watch the lightbulbs turning on over your friends heads! (As it did with mine). He is absolutely the clearest and best orator I have seen of the case for bitcoin. |
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I'd be interested to see any mathematical or economic proof you can back that statement up with.
Not sure if serious. IN case you are serious, assume reinvesting would somehow increase your share of the network. Keep doing that, see what happens. You would end up with >100% of the network. The same logic dictates that if several competing mining companies reinvest their revenue, on average, everyone loses. Well everyone except the network itself. Welcome to the zero sum game. I'm very serious. I get, but don't accept your argument, simply because not everyone re-invests. In fact your argument supports the empirical pattern we see in other high growth industries of consolidation to the point of only a few mega players being left (Pharma for example). PETA's game is to be one of those final few players. Edit: I voted 50/50 but would happily go up to 100% to play the long game and be in the final pack. |
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To have a better view about current unit holders dividend / reinvestment preference, we are opening a vote where every unit holder can submit their preferred ratio. The vote will only be valid for current unit holders and held until Thursday, June 5th 2014 - 12:00 GMT. Votes will be weighted based on the amount of units of each individual unit holder. Based on outcome, we will adapt reinvestment/dividend strategy. AWESOME! Even though it may produce little to no effect, THIS IS TRANSPARENCY and we appreciate it. For myself, I'm content with any reinvestment amount under 60%. I'll be voting to reinvest 50%, even as a vote of confidence, but also because it falls in my acceptable range. To succeed PETA MUST grow faster than the difficulty. Now that may take more efficient kit and/or greater re-investment percentage or a host of other things, but if we do not outpace difficulty, we end up a forgotten footnote and a failed investment. The sooner you get the divs out the better off investors are. If I owned any shares, 65% divs would be ideal, it would prolong the project slightly and at the same time pay investors a good return. And all in all, when the projects lifetime starts to come to an end, you can just reIPO the remaining shares and buy new units then. I'd be interested to see any mathematical or economic proof you can back that statement up with. |
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To have a better view about current unit holders dividend / reinvestment preference, we are opening a vote where every unit holder can submit their preferred ratio. The vote will only be valid for current unit holders and held until Thursday, June 5th 2014 - 12:00 GMT. Votes will be weighted based on the amount of units of each individual unit holder. Based on outcome, we will adapt reinvestment/dividend strategy. AWESOME! Even though it may produce little to no effect, THIS IS TRANSPARENCY and we appreciate it. For myself, I'm content with any reinvestment amount under 60%. I'll be voting to reinvest 50%, even as a vote of confidence, but also because it falls in my acceptable range. To succeed PETA MUST grow faster than the difficulty. Now that may take more efficient kit and/or greater re-investment percentage or a host of other things, but if we do not outpace difficulty, we end up a forgotten footnote and a failed investment. Reinvestment will never keep up with difficulty. It's a sad fact but its true. The sooner you get the divs out the better off investors are. If I owned any shares, 65% divs would be ideal, it would prolong the project slightly and at the same time pay investors a good return. And all in all, when the projects lifetime starts to come to an end, you can just reIPO the remaining shares and buy new units then. You do understand that as a self declared none shareholder we have to take your motivation for comments like that with a HUGE pinch of salt. |
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I can't help but laugh at the conspiracy theorists and those that dismiss them out of hand. It seems to me a golden rule that with an unregulated market of multi billion dollar value "if crooked people can get away with manipulating, crooked people will manipulate."
The best way to play cat and mouse is don't be the mouse! Buy and hold for the long term! If you try and trade in an unregulated market sooner or later those with deeper pockets will show you how they got rich in the first place!
It also strikes me that if you REALLY REALLY beleived in Bitcoins future (and i'm talking the kind of belief that says this thing will be $100k -> $1000k per coin at some point) then WHY would you risk your precious coins now by trying to trade them?
I'm praying it doesnt go up so I can keep accumulating....
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To have a better view about current unit holders dividend / reinvestment preference, we are opening a vote where every unit holder can submit their preferred ratio. The vote will only be valid for current unit holders and held until Thursday, June 5th 2014 - 12:00 GMT. Votes will be weighted based on the amount of units of each individual unit holder. Based on outcome, we will adapt reinvestment/dividend strategy. AWESOME! Even though it may produce little to no effect, THIS IS TRANSPARENCY and we appreciate it. For myself, I'm content with any reinvestment amount under 60%. I'll be voting to reinvest 50%, even as a vote of confidence, but also because it falls in my acceptable range. To succeed PETA MUST grow faster than the difficulty. Now that may take more efficient kit and/or greater re-investment percentage or a host of other things, but if we do not outpace difficulty, we end up a forgotten footnote and a failed investment. |
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Disclaimer: Playing devils advocate here. And I hope im dead wrong. We're back to the peak of the last spike. Right before the convenient fake bad news came out, and the price conveniently crashed. All on FUD. What bad news is going to come out this coming week to make the price crash again? ------ Genuine adoption and commerce don't make the price go up $300 in a week and a half. That's got to be a pump. Agree or disagree?I used to argue with people who claimed BTC price was being manipulated. Then I learned through experience that BOTS, Fake news stories, and whales may be playing around a bit. We can safely say Bitcoins actual value right now is about $450. Is the rest just large holders making profits? I wonder what announcement will go live next week to justify a crash, and make it look like "investor confidence was lost". Again - here's to me being very wrong!  -B- You may or may not be right, but your just speculating, it could just as easily be genuine herd mentality investing, or a big player accumulating, a pump or... There is simply no point to the speculation unless you can back it up with something. |
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my div guess .0021
I'd say .0025 I'll split the diff, would be 0.0025 without hosting costs, so guestimating 0.0023 |
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15 GH/s equates to 0.022 BTC/month at current difficulty, assuming 50% reinvestment is more than enough to keep up with difficulty (and hence maintain share price), and hosting fees are not too significant (especially with BTC rising), a yield of 0.01 BTC per month on an investment of 0.07 BTC (current share price) seems damned attractive to me.
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Is there any chance to know who are their biggest clients? I have heard that Overstock processes close to $100,000 in Bitcoin payments every day. What about the other big players?
I doubt Overstock are doing that, I believe they recently announced they had hit the $1.5 million in TOTAL since they started taking bitcoin. With 50,000 clients it doesn't take much at each one to hit $1mm/day! |
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Still awaiting even a response to my refund request, thomas said "With an expected response time of apx 48 hours." in working week, well your double that time now.
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Thank you all for the kind words. I'll put up another vote and re-do the numbers. Remember they did double our orders for free as a result of the delays and they are working with 20nm tech which is fairly new. As well as we are about a month away from them being officially late.
Thanks George, the problem is purely a math one, doesn't really matter if they are officially late or not, it's looking increasingly unlikely (with difficulty rises) we will even get our money back let alone make a return on investment. The doubling of kit in August is a relatively meaningless gesture. The Black Arrow bunch have also failed just as miserably, their kit was 50% more bang than neptunes at lower price, and they are also giving an immediate 50% increase in kit, but even that math doesnt work, people are taking their refunds in droves. |
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Assuming there was a vote, the largest players would of known that the IPO price was going to be considerably higher than the current share price and that the terms of the project were just about to get extremely sweetened in their minds that they voted unanimously for it.
Yet there was virtually no movement of the share price whatsoever after all of these big shareholders were informed before the announcement of the IPO. Not a single one of these big investors thought it a good idea to pick up a bunch of 'cheap' shares. None of those big investors increased their holdings at the outset of the IPO release either, as so few shares were sold during the first few days. Yet it took less than 30 minutes after the IPO announcement for the collective 40% of small time investors to run the share price up to the IPO price.
I am gonna cast a public vote that there was in all likelihood no private vote.
Your speculating that Havlock is lying? Anyone know when open market trading recommences? |
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We would like to inform you that a vote was cast for every change made by cryptx since they have been listed on Havelock. The votes were cast by unit holders that collectively own more than 60% of the Fund. If you did not get to vote on changes and you personally own over 5% of the Fund please contact us. Cryptx did not need to bring the vote to a public one when the majority of the unit holders of the Fund voted for those changes. So even if a public vote has taken place the same result would have been voted on. So if you currently own more than 5% of the Fund and you were not contacted to cast a vote for a change please PM or email us at Funds@havelockinvestments.comThere was no breach of contract, all decisions were made by majority shareholders that were monitored by us prior to public release of decisions. To take the vote public and get the same result would have been a waste of time and cause more confusion. We believe that PETA is on the right track and has made the right choices to keep the company viable over the past year. If you do not agree with the decisions made by PETA we are always looking for great companies to list their Fund on Havelock apply today! Havelock Investments Excellent! That's just what we needed to hear, thank you Havelock for clearing that up, perhaps some transparency and greater clarity in the prospectus would have avoided this but I am certainly satisfied now. It just seemed strange to all use lowly <5%ers that voting rights were mentioned but we never heard anything about it. Sorry for getting all antsy, and thanks again for responding. Havelock, maybe thats how they role in Panama (and why you are based there), but in any developed economy you would be looking at jail time for conducting insider information and trading like that. |
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To get a refund you need to read a few pages back on how to submit a refund request by sending it to a certain email. Is it still possible to get a refund? I'm beginning to lose faith in BA with the lack of updates, unless they up their compensation.
You should be able to get a refund any time up until they deliver the kit. Having said that, i've asked for one after that last update and been met by stoney silence so far! You requested it on Saturday, business hours are M-F 10am-5pm -6gmt besides holidays. With an expected response time of apx 48 hours. As for the up to it is delivered that is not true R17 was until the unit was paid for refunds are being given by minersource. Thomas, I refer you to the OP "Once sales begin, Refunds are available up until unit ships at 1.5% restock fee. " That was referenced before as copy pasted from R16, payment details are in the second post saying Refunds: Refunds are discouraged because of the chaos caused in Group Buys, but if necessary, you will be refunded before the miner is paid for, at a 1.5% restock fee. As well as the site where all payments were made (where the contract was issued states the same) Update refund process, please read it in full. https://bitcointalk.org/index.php?topic=335145.msg5632654#msg5632654Thats massivly messed up having different terms on the OP from website, and would almost certainly not stand up in any european court (not sure about US law) So are you saying we can't have refunds? |
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I think you need to re-evaluate your understanding of this project. We are NOT shareholders of Cryptx we are shareholders of a finance deal to a Cryptx project called PETA. We don't get to vote on anything, we have no particular rights other than to dividend from the project, and most certainly the statement that "Everything that CryptX does is 'ours' - the shareholders." is a gross misrepresentation of the true state of affairs.
That isn't accurate either. Under the original prospectus, I purchased voting shares. https://btct.co/security/PETA-MINECryptX will pay weekly dividends to shareholders amounting to a percentage share of ownership in the PETA-MINE. CryptX will not change the direction or goal of the PETA-MINE without shareholder votes as per the statutes of BTC-TC. also While the reinvestment percentage is subject to change via shareholder vote, such action will only occur if the state of the Bitcoin mining space demands it. This is the major sticking point for me. This was undoubtedly a major change that should have been voted on. I don't mind buying an asset where voting rights are not provided. I do however have a problem with those voting rights being unilaterally removed. edit... As far as I'm concerned, until we vote to change it, the Dividend/Reinvestment ratio should still be 65%/35%. You are of course technically right on the voting, but because these are virtual shares in a project not a corporation, managed in a juristiction well out of normal international law, then in practise we have no enforceable rights at all!! We are to all intents and purposes taking a leap of faith on the honesty of the real Cryptx shareholders. In fact it would not be unreasonable to point out that the project has already taken several major changes in direction without any consultation of the shareholders, so please lets not kid ourselves we are in control! Having said all that, i'm still in, because to date i've had no reason to doubt the integrity if Cryptx, but will be much much happier with them as project shareholders also, just to keep our interests aligned sufficiently to avoid conflict. |
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