Glad to hear it got resolved in a good way, to be clear an invalid bitcoin address is one where the check sum doesn't add up correctly (no private keys exist for them) & it is impossible to send to these so funds can never go in to the void that way, what you were referring to was an old deposit address that was used in error - in the case of Mt. Gox for example they issue new ones to you for each transaction (for privacy) but you can still actually use an old one of these & it will work fine, it just depends on how the service you are using set their systems up. What you don't want to do is send funds to a valid btc address where the private key is unknown or has been discarded then those funds will be stuck there & are effectively lost unless the private key for that address is subsequently found to not have been irrevocably deleted from where ever it had been stored. http://blockexplorer.com/address/1BitcoinEaterAddressDontSendf59kuE <--- valid btc address with unknown private key = lost http://blockexplorer.com/address/1AnyOldBolloxWithInvalidCharsOIl0OI <--- invalid btc address with invalid chars: OIl0 = can't send to http://blockexplorer.com/address/1BitcoinEaterAddressDontSendf59kuF <--- invalid btc address, check sum fail = can't send to |
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 Washington, D.C., circa 1922. "Denby Christmas tree." Junior remembers this as the best Christmas ever! His gun-giving dad is Secretary of the Navy Edwin Denby. |
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Bitcoin's horoscope for the week of 18 December 2012 ~ Prognosis for Bitcoin in 2013, Part Ihttp://www.freewillastrology.com/horoscopes/tarot_cards/tarot10.jpg When he was 21, the Capricorn writer Jack London set off to prospect for gold in the 1897 Klondike Gold Rush. He had a rough time there. Malnourished, he suffered from scurvy and leg pain. To make matters worse, he didn't find much gold, and returned home broke. On the other hand, he met scores of adventure seekers who told him stories of their travels. These tales served as rich raw material for his novel The Call of the Wild, published in 1903. It made him famous and is generally regarded as his masterpiece. I'm guessing you will begin a similar trajectory in 2013, Bitcoin. Events that may at first seem less than successful will ultimately breed a big breakthrough.
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The last that I heard from him was on the 5th Dec:
"... I'm currently waiting two weeks to gather everyone's offers. After that I will give a timeline. It shouldn't take too long."
So there should be an update soon as it's two weeks from then tomorrow, hopefully by the weekend at latest.
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blockchain.info would be more convenient but then I'm having to trust a third party. Oh well. Any ways check the account now! It should be there! Good luck next month!  Yep received, many thanks to all! I believe that blockchain.info wallets are all crypto-ed on your computer so have a very high level of security even if something were to happen to the site provider, but I'm not up on the tech side - just enough from what I've heard from others makes me happy to trust them & it's nice & easy to keep backup copies elsewhere of the private keys for addresses on those wallets. Also I sign in with Lastpass pro with yubi key which I'd also highly recommend. Good luck to all next month! Edit: This is the info re security when using blockchain.info wallets to make sure that thier Javascript hasn't been messed with & for adding 2FA etc: https://blockchain.info/wallet/verifier |
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okies np, I hardly deal with the client at all & just use blockchain.info wallet mostly so I don't need to load the blockchain or deal with annoying quirks like where the wallet creates new random addresses to send change to or where I can't easily just find the private keys to addresses that are in it. re lucky, well I had overall bet 18 btc last month out of the 41.58 btc total so I was in with about a 43% chance of winning (slightly more as 2/3 of that was in the pools - but for lower potential shared wins mostly), but yes it did seem rather lucky even so given past wins - maybe it's the auspicious astro dates that I choose Also as I treated bets for Hannah as a separate series it demonstrated well the 99% being returned to the players as I'd bet 45 btc in total for her & finally won 41.58 btc or 92.4% back (so far) though better in dollar terms. |
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Bitcoin's horoscopes for Monday December 17, 2012
Everything stays the same, until the moment that it changes. This causes us to develop a distorted idea about the pace at which life evolves. We think that certain situations will never alter. We look around and see clear signs of permanence. Yet in the blink of an eye, it can all be so very different. It's just that the eye in question may blink a thousand times - or a million times, before that occurs. Or it could happen in the very next blink. Just be aware that powerful forces are moving your life ahead now.
2012.12.21
The Winter Solstice in the northern hemisphere, is the shortest day and the longest night of the year & so a turning point from Yin to Yang energies, it's when the sun moves across the Equinox into earthy, ambitious Capricorn (Bitcoin's sun sign) to stay for four weeks* & a good moment to look forward to what the following 12 months may bring with the next 6 months being a time for growth, development, healing, and new beginnings.
* It'll have a bumpy ride initially since it squares disruptive, no-compromise Uranus on the 26th Dec and then a blocked, trapped conjunction to Pluto in Capricorn on the 30th Dec (should lead to some revelations). So it'll be the kind of constant-change phase which we've got used to in recent times. Mars having been in go-ahead Capricorn for a few weeks moves into communicative and stubborn Aquarius on the 26th Dec so it may not be an entirely peaceful finish to the year. Especially since the rather leaden Saturn in Scorpio sextile Pluto makes its first connection on the 27th Dec. This usually hints at hard times and the need for perseverance.
January 2013 looks an all round easier month than late December and starts in sparkling form. Mars picks up Uranus on the 1st for a high spirited, experimental and definitely macho day. Three days later the trine to Jupiter brings good luck and positive action to bring successes all round. Chatty Mercury having moved into practical Capricorn on the final day of the old year meets a forceful conjunction to Pluto and a sensible sextile to Saturn on the 6th. So it'll be down to brass tacks to get better organised then.
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Many thanks SG! As yet the 7th of Dec's BitLotto hasn't paid out, I believe it would work better if the funds were guaranteed to be sent within 1 week of the draw or at the very least within a week of the winner being announced, preferably much sooner, otherwise it becomes rather random & may deter entrants to the next & future Bitlottos: https://blockchain.info/address/1HannaheRa46n6g532kRo9GmnmD5aLUt5j |
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Bitcoin's horoscopes for Friday December 14, 2012
The question is not, 'How do you feel?' It is, 'How do you hope to be feeling soon?' Otherwise, it is a bit like asking someone on a train journey where they are. The place they are passing through is simply a reflection of the number of miles they have covered. What matters is where they are heading. Unless, that is, the train has broken down and it is now stuck near a city that the traveler doesn't particularly want to visit. You know what you are really aiming for this weekend. I'm here to tell you that you can get there.
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Here are the November numbers:
Income statement for Nov, 2012
Production (in BTC) +539.99
Sale of equip. -
Expenses -196.50
Dividends paid -0 (suspended until further notice)
Net income 343.49
It seems rather random that dividends can just be suspended backdated to the previous month with no discussion, prior explanation, feedback or vote (that I'm aware of), it seems like all profits are now just being kept - at least before there was some small regular return from buying you a mining farm that we are meant to be part owners of. |
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Congrats 1Hanna... for winning 41.58 BTC in December! 0.25 BTC/ticket 1. 19EygNbnF6w8Y3R6niLh5ptNdBLHCbVqFW 2. 1CEJJNBPEDwk4WFGx5x6K9Dkq7uJtffBpY (Pool) 3. 151vnYBGtowaHWAYADPo8qkAohGvCs6SGP (Pool) Jackpot size: 41.58 BTC Lucky Block: 211178 Mega Millions Numbers: 07 43 44 51 56 Mega Ball 04 Mixer Hash: a4dd03c995... Winner's Hash: e916a7121e1407e2626a3cfe494f625b379de2b3bf4457ed771882c9387a2d09(3) Winner: 1HannaheRa46n6g532kRo9GmnmD5aLUt5j http://bitlotto.com/2012dec7.txtNext draw Jan 4!!! I've been betting for a friend's kid, Hannah, since last March (45 btc bet so far on her behalf) as well as donating any other spare coins that I can to a wallet that I made for her which hopefully will be worth a decent amount by the time she goes to college/university, it's now up to 80 btc thanks to this win (& 2,500 ltc). She lost her father in a tragic accident a couple of years ago so to all who entered this month's Bitlotto many thanks for that & this is just to let you know that you've banked some good karma with your entries. I also bet 6 btc on behalf of my niece & 6 btc on my own account this month, so my total entries were 18 btc in all which I hope to repeat again for the early January 2013 BL . Re: Pooling for a greater chance to win, the BL Pirate Pool effectively does this proportionally for unlimited entry amounts & entrants. |
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You PMed a new member who claims to be btc rich
He offered to sell you his 'method'
You ask: does that look dodgy?
Answer: Yep, of course it does
Steps you can take if you still wished to pursue it:
Ask him to prove his claimed large btc balance by sending (eg) 0.00014300 from it to an address of your choice
In the unlikely event of that happening, agree to pay X btc for his 'How to get btc rich info' & have him agree for the funds to be escrowed until you do so, I'll hold them & arbitrate any dispute if you like
ie: He tells you how he got rich but it's no use going forwards (eg: by scamming ppl like you) = your money back
He sends you good & actionable trading etc info which if you followed it would have made you good money = he gets paid
Edit: posted before I saw the rediculous offer he'd made
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I was doing the math on this reversal idea earlier, and I think there is an aspect being overlooked.
There were five tranches of shares issued, starting at 5k and eventually reaching 40k. Just for demonstration, I'll focus on shares in the first tranche.
If I understand correctly, the contracts were sold for 1 BTC. This generated approximately $5.12 for Giga to spend in the normal economy on hardware and other business costs for the operation.
Counting up until the last dividend that was actually paid, the share generated a total of about 0.48 BTC for the owner, leaving 0.52 BTC to pay to the owner in order to negate the original contract, according to what has been proposed here.
But due to the dramatic increase in BTC value, Giga would actually have to spend about $6.49 today just to cover that 0.52 BTC, significantly more than the dollar capital that the whole share generated in the first place to actually buy equipment, space, and electricity!
One other factoid that you might or might not find to be relevant: it is easy to calculate the fair market value in dollars of each dividend at the time it was paid. The cumulative FMV of all the dividends that were actually paid through GLBSE is $3.68 on that trache of shares, or 72% of what went in. If you sum all the way through the Dec 10 dividend payment in the queue, the total rises to about $4.84, or 95%.
That would all be fine and well if the investment was made in USD - but it wasn't. I DO accept that BTC increasing so strongly vs USD may not have been anticipated by Giga - obviously it was never a certainty to happen. But that doesn't alter a few facts: 1. Investment was in BTC. If contract is reversed then repayment would be in the currency originally paid. Intent of reversing a contract is to revert the situation to how it would have been had the contract never been entered into. Investors had 1 BTC in their wallet prior to purchasing so should have a BTC afterwards. Not really relevant what would have happened had he took investments in USD, LTC, Russian Roubles or Zimambwean Dollars - as he didn't. 2. By your figures this was basically always going to be a loss for investors from day 1. Less than half investment returned so far and with block reward halving and ASICs imminent investors would die of old age before the remainder got generated in dividends. Dividends generated are largely unaffected by exchange-rate - there's some small amount of impact rising BTC has on rate of increase of difficulty but for a fixed-rate bond the main impact on dividends for shares (reduced cost of power) isn't relevant. 3. Note also that BTC increasing in value doesn't only cause hardware to depreciate faster, it also helps in the other direction by reducing the percentage of mining output that Giga needed to spend on power costs. In short it appears that he sold a lemon that was never going to make a profit for investors - and now wants to make their loss even larger by forcing them to jump through hoops that he could (and should) have identified and disclosed before ever offering the contracts. He's the one who fucked up by selling a wortless (compared to just holding BTC) investment. He's the one who didn't bother working out what he needed to do to in order to comply with the regulations/laws in HIS jurisdiction - and has now belatedly decided to do so. When BTC rose vs USD did he start paying higher dividends as his costs to operate had reduced? I don't think so. So when it's now suddenly convenient for him to refer to that change would it be fair for him to do so? If he wants to play it by the book then that's cool - and whether he raises the funds by selling hardware, selling his house or magicking it out of his ass is not really any concern of investors is it? If he was concerned about the impact exchange-rate would have then he could hedged against it or just done his homework in first place and made sure he dotted his i's and crossed his t's before accepting every BTC thrown in his direction. Bottom line, cutting through all the crap, is he knowingly entered into a contract he knew was on dodgy legal ground. Many investors may well have known they were on dodgy legal ground as well. But now he's got cold feet over it, it's not investors responsibility to incur significant (for many, compared to investment) costs to cover HIS ass. Same as it's not HIS responsibility to incur costs sending THEM every bit of paper and jumping through every hoop that they ask for.
apostilles / affidavits are hugely expensive in many countries here in Europe and in my case would be about 80 CHF = 85 USD.
This was not part of the contract,
Now, Gigamining either needs to pay this on top of the asset buybacks and dividends or do the buybacks / dividend payments based on ID only+1 I emailed Giga & his lawyer on the 25th November, 2 weeks ago now, on exactly this point & to send in my other info as requested, I have not as yet heard anything back or had any acknowledgment that my claim matches the info that Nefario sent, I would be amazed if it costs me under $100 here in Spain or if they even have apostilles & expect that everything would have to be officially translated in to Spanish at more expense, time & effort - there has never been any question of my holdings as I have been open about them all along & can prove receipt of the dividends from them, Gigavps please be reasonable about this for those who are not in the States & have submitted all the other info you requested when we are in good standing with this community. |
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SWC is back up now if that's the site you used.
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Hey all, I have received a list from Nefario that purports to show all holders of BTCMC. However, the e-mail has a caveat saying updates may follow, so I am treating it as preliminary. In order to verify the authenticity of the list, I am instituting a simple process. For those persons claiming to be a shareholder, you must do 3 things: 1) Send an e-mail to bitcorpmining@gmail.com from THE E-MAIL ADDRESS YOU USED TO REGISTER FOR GLBSE. 2) In this e-mail, you must provide the withdrawal address used at GLBSE. 3) In this e-mail, you must list the amount of shares you are claiming to own All 3 of these items are mandatory. No exceptions. Other items: - We will be providing November results later on today. - We are discontinuing dividends as of the Oct. payment to conserve our resources for potential ASIC purchases. - There is no plan to re-list shares due to the black cloud hanging over the Bitcoin world legally. Please make clear what is meant by: 2) "withdrawal address used at GLBSE" I would hate to inadvertently send the wrong info A way to help facilitate this for those who don't know their GLBSE withdrawal address would be to do what Gigavps did & issue a SHA-256 list of these addresses with corresponding assets held, see: http://gigamining.com/glbse-records.htmlEdit: I believe that the GLBSE W/D address is the one that you gave when claiming your GLBSE account from Nefario's claim process. |
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info 1) 2) 3) sent as requested, please to confirm it tallies with that sent to you by Nefario, many thanks
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Bitcoin is a lot like oil for those who realize, that is like oil was before the invention of the internal combustion engine & there's a lot of smart dedicated people working on that part right now so stake your claims folks.
Thanks to forum ID: Myself who pointed this out in a chat & put it much simpler than I did which is probably best.
Simpler version was something like:
Bitcoin atm is like oil was before the invention of the combustion engine.
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Félicitations! Great news indeed!!
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Hey Yochdog:
Can we get a statement of October operating results and balance statement? And any progress at all on being able to distribute dividends once again? There needs to be a secondary plan beyond "waiting to hear from Nefario", don't you agree?
I will be posting October results by week end.In terms of a secondary plan, I am not sure there is any viable path. If Nefario will not provide records of ownership, there is absolutely no way to verify claims. If you have any suggestions or insight, please share. Did these get posted, sorry if I missed it somewhere, anyway also November results due this weekend, it would be good to know what was owed per share for each month that hasn't been paid out as yet & hopefully it can all soon get resolved if you now have the lists or are about to get them. You are on the wrong thread. The results are posted in the other thread regarding BTCMC OK I see them thereCan you post November's results there too now with how much was earned per share please & update your shareholders re the progress made in obtaining the list of asset holders from Nefario & making us good on our share ownership & back dividends, many thanks. |
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I want to link my Bitcointalk name with BTCJam's. Verification code: 94cfdba3-436c-472e-8dcc-ca98b3efdb6e
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