So are we waiting until Dec 2 when bitfunder pushes the remaining shares to you or do you have a plan to execute the transfer before then. You could savea lot of time by simply freezing the asset and downloading the asset list. Bitfunder is dead officially now. You have better things to do than prod people to transfer. This is easy Ken.
He's using this situation as a tool to justify a failed company.. "I'm sorry this has been such a disaster, my time was focused too much on transferring shares and not enough time on our actual operation. Shit, sorry guys.." shhhh little chicken, you're bundling up you panties again. Your fictional story telling doesn't make it real… next you'll be freaking out about chemtrails, ufo's, bigfoot and the sky that is falling. you're right knybe, your stories are more entertaining. tell us this one again https://bitcointalk.org/index.php?topic=297503.msg3366638#msg3366638Doh! Yah got meh... Oh don't forget this one while your digging through the archives: I've come to the conclusion that I have NOT invested more than I can afford to lose in this company, so I'm not feeling as "frothing at the mouth" anymore as to what comes next and if there's any news, etc. If it happens that Ken is some kind of amazing magician and gets this mining operation into a full roar, that will be a good thing and I will rejoice with the rest of you. If it doesn't happen, then oh well... yet another lesson learned in this here life.
At this point I'm (me) coming at this from the angle of a hobby, it's enjoyable to come in here and read when there's good news and lately it has become somewhat entertaining during the NDA blackout as well. If you've "sold the farm" to be involved in this operation or any mining op then I wish you and all of us much luck until the next huge advance in mining hardware comes along. Anyway, I'm going neutral on this whole thing and will just continue to hold my shares and watch from the sidelines.
Much luck to all of you in all your current and future ventures.
Shame people only remember your bad moments. Oh well, humanity & all. |
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So are we waiting until Dec 2 when bitfunder pushes the remaining shares to you or do you have a plan to execute the transfer before then. You could savea lot of time by simply freezing the asset and downloading the asset list. Bitfunder is dead officially now. You have better things to do than prod people to transfer. This is easy Ken.
He's using this situation as a tool to justify a failed company.. "I'm sorry this has been such a disaster, my time was focused too much on transferring shares and not enough time on our actual operation. Shit, sorry guys.." shhhh little chicken, you're bundling up you panties again. Your fictional story telling doesn't make it real… next you'll be freaking out about chemtrails, ufo's, bigfoot and the sky that is falling. |
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I rather go with Master Coins or Colored Coins than a legacy trading platform like Havelock
Unfortunately neither of those is close to a final release. Havelock is all we have right now. I forgot to add that I rather wait until one of those, that I previously mentioned, is operational than to use a legacy platform. +1 forget about anything centralized, too easy to fail. |
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...
Probably nothing now, but after we'll make a release we'll need people to test it.
where do I sign up? |
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without question the prices of ACTM machines will need to drop by the end of the year, I think everyone knows this. What we don't know how thin the margins already are.
If the price of one BTC is up (by quite a bit) from when the price of the machines were already set. Then why does the price of the machine need to go down? Won't they now mine more BTC than they are worth. For Example if you could buy a machine for $1000 that mined 10 BTC in its lifetime with BTC at $100 each, and then BTC now is worth $200 each, wouldn't the price of the machine be a much better deal than before, and actually should cost more, not less? Yeah that's what I was thinking, are we purely doing ROI based on bitcoin amount? Or does the fiat value of bitcoin come into play as well? At some point, as fiat value keeps going up, these machines are more valuable indeed… and will be more in demand. |
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Also, if you haven't noticed;
I contribute useful information (of which I have been handsomely tipped for) unlike whinny useless-post silly nannies like freddy zoom zoom zero and steuyUK...
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Good lord. Two more pages of silly nannies going at it.
Queue the Benny Hill music... again.
Says the man who caused uproar and a slanging match on here yesterday that went to well over a page! And it was based on falsehood! Pot - Kettle - Black.  nahhh purely your opinion. but yeah, I'll dance to some Benny Hill music anytime, as I've said before; this thread has become pure entertainment fodder. especially today, what's with all the fake bidding? |
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Good lord. Two more pages of silly nannies going at it.
Queue the Benny Hill music... again.
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pm-ing ken all field defeats the purpose of verifying.
i believe you only need pm the signature, once asked, and ken uses his transaction log which contain the info pieces that he told you to sign with it in first place
edit: in correct format, if he asks
there's no need to analyze or debate this, it's just an example for the sake of learning how it works. Ken may do it totally different. |
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@knybe
what happens if some one made a mistake signing a message, say a typo
can he redo and sign again? or its one time
That is a question for Ken but I would image yes… Although if you are copy/pasting the information verbatim, then there will be no mistake. |
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okay I've reconstructed an old post from CanaryInTheMine regarding how to sign messages with Bitcoin-Qt This is only an example as the message contents for this situation is different from what Ken will require you to put in the message field (most likely number of shares transferred instead of shipping address) but the result is the same as you want to generate a signature string associated with your PUBLIC BITCOIN ADDRESS that you will send to Ken when the time comes: The message signing process is to prove you own a certain bitcoin address. If using bitcoin-qt: Click file, then sign message:  A new secure message window will open: In line 1 - enter your PUBLIC BITCOIN ADDRESS you sent the shares from on BitFunder In line 2 - construct a detailed message about the number of shares you transferred, timestamp, etc. Then click the button labeled Sign Message (3)  After you click that button, you will get this message:  Field 1-PUBLIC BITCOIN ADDRESS that you used in line 1 (this is the address recorded as your BitFunder account number) Field 2-message entered in line 2 (number of shares you transferred, timestamp, etc.) Field 3-signature that bitcoin-qt populated. At some point, when asked, you will copy/paste all three of the above fields contents and PM this to Ken. Ken will use these 3 pieces of information, in the verify tab, to confirm that all the information is correct. Do not make any of the info public. Make sure everything is copy and pasted verbatim. |
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how do you verify the public bitcoin address truely is associated with bitfunder username, other then the bitcoin address signing.
what happens if a user uses different bitcoin address then his public bitcoin address, and signs it? and asset list wont longer show his public address
asset list is not enough, becuase some people buy or sell or transfer, so asset list changes
We are saving the asset list on a regular basis. Also, there is a person that is saving the asset list every 10 minutes. hmm okay. maybe this negates my assumption that you do have a thorough record of number of shares associated with public BTC addreses. just out of curiosity: I've done two separate transfers to AMC-TENDER (bought a few more shares after my main - initial transfer), will you have record of that? |
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Obviously when you transfer your shares to Ken they no longer appear on the asset list next to your public btc address.
So.. how will Ken know? unless the btc address also appears to him when the shares are transferred, and he takes a note of it? Then he would ask you to sign that address to confirm?
For example I have tendered my shares. but now I do not appear on the asset list as owning any actm shares.
How does your bank know that your money, associated with your BANK ACCOUNT NUMBER, is yours? Your public bitcoin address acts as your "bank account number" or in this case, your "BitFunder account number" (which Ken has a record of and the amount of shares associated with). Once transferred this number will no longer show those shares as yours anymore, so therefore it won't show your address on the asset list. Your shares are technically not yours (for the time being) because you have tendered or transferred association with them to another account called AMC-TENDER (again, for the time being while pass-throughs get sorted out). Now, because you did transfer a specific quantity of shares that are associated with a specific Public Bitcoin Address, you will be able to claim those shares at a later date by securely signing a yet-to-be-announced message, from that very same public bitcoin address (previously your BitFunder account number). |
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COMPLETE INSTRUCTIONS FOR TRANSFERRING SHARES:
Announcement Due to Bitfunder closing down, we are extending the deadline to transfer shares to AMC-TENDER until November 13th, 2013. At this time all shareholders should follow the procedure for transferring shares to AMC-TENDER. Dividends which are due to be paid tomorrow will be suspended until we have the share problem solved. We will be creating Pass-Through shares on a yet undetermined exchange for our shareholders. After the Pass-Through is created, we will pay the suspended dividends. Active Mining Corporation (Belize) FIRST DO THIS:  THEN DO THIS: 
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to make it simple, say:-
i took screenshots as prove, etc.
then some person steals my screenshots on computer and signs a new generated bitcoin address with username and share number as seen on screenshot.
ken, how would you verify and stop such person, if this happens in reality? how would you check the public bitcoin address? public asset list is not accurate and changes.
example , you might not have took a record of public asset list when X person transfered and his address vanished from asset list, then you took a record of asset list, how would you verify with that?
You can't trade transferred shares obviously. The asset list he will obtain will be after the trading is frozen. Only a signature from the asset list can be used to validate ownership (Make sure you are using a valid address on bitfunder) Asset list is here https://bitfunder.com/assetlistScreenshots are only part of the safety measure, signing is the ultimate form of safety. not talking about trade, but if in example, the person stole the screenshot can claim the shares with new bitcoin address, while believing ken only relies on public asset list to check the address, but is not accurate. ok you said ken will obtain asset list after asset is frozen? i have not heard that from ken, if so that will be far better security then public asset list he told me. so that asset list you speak of will hold hard links between username and public address? if so, that will calm me, superb. and there wont be a way for Mr.X person to steal or make use of stolen screenshot dude really? |
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to make it simple, say:-
i took screenshots as prove, etc.
then some person steals my screenshots on computer and signs a new generated bitcoin address with username and share number as seen on screenshot.
ken, how would you verify and stop such person, if this happens in reality? how would you check the public bitcoin address? public asset list is not accurate and changes.
example , you might not have took a record of public asset list when X person transfered and his address vanished from asset list, then you took a record of asset list, how would you verify with that?
You just aren't getting it… A screenshot doesn't mean anything. Your public bitcoin address is already PUBLIC (do a search for it here and you'll see it: https://bitfunder.com/assetlist). AND nobody can claim your shares with only a screen shot of said address and shares if you are the sole controller and signer of your public bitcoin address. Your public bitcoin address should be only UNDER YOUR CONTROL and an address that you can SIGN to verify that it's really yours i.e. blockchain.info or better yet and offline wallet like Bitcoin-Qt
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Put me back on ignore please and stop inciting panic where calm heads are called for.
shhhh… truth hurts. question: if you've been told that BitFunder is closing AND you've previously been asked to push your shares to AMC-TENDER… than why haven't you?
-BitFunder users are encouraged to transfer their shares from the BitFunder site to the respective issuer(s) no later than December 1, 2013.knybe, you are being overly dramatic - well over 3weeks before the site closes, and when it does close shares are auto-tended to the issuer. granted yes, but let's get off of all these exchanges and get to a better - less centralized solution. the sooner the better for share price and liquidity. |
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No-one outside the US has been told to tender their shares anywhere.
Important Notice (October 23th, 2013):
Please be advised that ActiveMining is implementing the following rules and procedures for Investors wanting to keep their shares:
Investors who fail for any reason to provide the information necessary to obtain "Verified" status on Bitfunder are encouraged to transfer their shares on BitFunder to the Bitfunder user AMC-TENDER no later than November 6, 2013 before dividends are paid. All Investors transferring their shares to this account will continue to accumulated dividends on their shares.
The October 30th dividends will be suspended and accumulated for payment on November 6, 2013. you reading the same thread? or is there a euro version? You are confused and I am certainly not going to clarify things for you with that attitude. Please do not make posts like this again, it helps no-one, "After yesterday's announcement, if you're still on BF, please consider getting everything out today for gods sake.". for god sakes man (woman?) do not tell me or VE or anyone on this board what to do…. You come off like a spoiled child. end of discussion. |
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