No probs :O) I've been developing software for 10+ years. Lots of software test experience. If you would like me to assess anything else before making it live just PM me. I might accept payment in UBX shares ;O) Spelling and style corrections ... On the My Profile page ... Recieve should be Receive Btc should be BTC - that form of capitalisation appears to have become the standard throughout the forums and other businesses/sites. Suggestions ... The Location entry on the My Profile page needs improvement. At the moment the defaulted location is in longitude, latitude format. This is not particularly useful to users. At the moment I appear to be able to type anything in the text box and save my profile. There is no feedback to the user what the entered value has been interpreted as. Display a world map with a pin identifying the current value for location and let them choose from that. Then once they have chosen record internally as longitude, latitude. Expand the "Btc addr:" text box to display the complete address rather than just the first part of the value the user has entered. Add as many additional social network interaction links to the Get Social section of the Discuss the Order page as possible. We need to get the order book bursting with orders as soon as possible. Without the critical mass the site / business will not take off. I think that section is a very good way of easily allowing users to promote their orders but it needs expansion. Research the http://www.addthis.com widgets and identify whether that is the most useful and swift way of achieving the aims of the "Get Social" section. I actually got a User Experience guy to look over the site... expect changes. For one thing... public order book on a map.
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Spelling and style corrections ... On the My Profile page ... Recieve should be Receive Btc should be BTC - that form of capitalisation appears to have become the standard throughout the forums and other businesses/sites. Suggestions ... The Location entry on the My Profile page needs improvement. At the moment the defaulted location is in longitude, latitude format. This is not particularly useful to users. At the moment I appear to be able to type anything in the text box and save my profile. There is no feedback to the user what the entered value has been interpreted as. Display a world map with a pin identifying the current value for location and let them choose from that. Then once they have chosen record internally as longitude, latitude. Expand the "Btc addr:" text box to display the complete address rather than just the first part of the value the user has entered. Add as many additional social network interaction links to the Get Social section of the Discuss the Order page as possible. We need to get the order book bursting with orders as soon as possible. Without the critical mass the site / business will not take off. I think that section is a very good way of easily allowing users to promote their orders but it needs expansion. Research the http://www.addthis.com widgets and identify whether that is the most useful and swift way of achieving the aims of the "Get Social" section.
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With regard to the last entry, can you maintain a USD balance on the Finance Sheet as well as the BTC one please.
I fully understand the reasoning behind buying and selling Bitcoins, given so many of the operating costs of the company are in USD.
However, personally, I would rather, as a Bitcoin company, we take the risk of maintaining the strength of the Bitcoin - if every Bitcoin company sold all their Bitcoins tomorrow, then the supply would flood the demand, crashing the currency completely.
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I'm certainly interested in investing. I am eagerly awaiting the detailed letter you mentioned.
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100% agree with Nefario on this. The shareholders own the company - this includes the "computing power" and much much more. Anyway that we can include shares can represent some interest in the underlying hardware and not just the hashing power?
I would be interested in discussing how exactly this would work. Simple, each machine is divided by the total number of shares, then each share owns that portion of all machines and therefor the machines output (less costs). So lets say 5 machines and then 1000 shares, then one share is worth 1/1000th of each machine (for 5*1/1000ths per share). Because when the original shares were bough they were to fund the company, which was used to purchase the hardware, if it was just for the hashing conract then the price should have been much lower. Unless you're willing to give a big refund to all current shareholders. You could also have two classes of contract available on the exchange One is the ownership of the hardware, and then the second are shares of hashing contracts. Every time you sell the hashing contracts you just pay the total amount (less costs) to the hardware owner shares. Nefario.
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Reinvested my dividends too. Very happy with the achievements of our company thus far.
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Simple put options to reduce/eliminate exchange rate risk is a world away from CDOs, MBSs, CDSs and the bailouts of those issuing/holding them, resulting in socialised losses and privatised profits. Those exachange rate related put options have been around since the first traders set sail for foreign shores. Come on beamer, saying options are going to create stabilization is rediculous. The entire US financial crisis was caused by derivatives speculation.
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Together, bitoption.org (which allows for shorting of BTC). members who sell "put options" on this forum, and similar activities, should bring about a reduction in volatility over the coming months.
You could even participate yourself in bringing about some of the stability you desire, by buying put options and paying the relevant premium in BTCs, to reduce / remove exchange rate risk. See the bitoption.org FAQ. You could pass on the premium you are charged for this in the BTC price you charge to your customers, allowing them to decide whether the higher price is worth the benefits they get from paying using BTC.
Otherwise, I think we either just have to accept that the price discovery phase is continuing in the market, together with the volatility that comes with that or do as emugoo suggests, potentially choking the growth in use of Bitcoins.
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To be frank, we, as shareholders, should already know the answer to whether the hardware has already been paid for in USDs through the sale of BTCs. A "Finance Sheet" as produced and maintained by the CEO of UBX ... https://spreadsheets1.google.com/spreadsheet/ccc?authkey=CI7mlYUF&hl=en&key=tzRaH8DOs49Pbvg3h2NMXNw&hl=en&authkey=CI7mlYUF#gid=0... for DISHWARA would certainly improve the likelihood of further investment from me and, I suspect, others too. Ideally, I would also like to see dates added for each entry too - something I have requested as a shareholder in UBX too. The CM400 asset "owner" maintains an excellent equivalent here ... https://spreadsheets2.google.com/spreadsheet/ccc?authkey=CN3s45YH&key=tPbfdCrHmt_YDG3wo1c_92A&authkey=CN3s45YH#gid=0... though, at this stage, the expected return on an investment of 0.01 BTC, means I have only acquired a token number of those, more as an encouragement to create similar assets in the future and test Nefario's GLBSE system further.
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Thanks for the update on that Nefario. I am currently a shareholder. Three things are currently preventing me from making any further investment ... (1) The lack of any Finance Sheet for the SIN stock - see and for two excellent examples for UBX and CM400 respectively. (2) The lack of any dividend payout or dividend schedule. There was previous discussion of monthly and then daily dividend payouts. What's the latest on this ? (3) The lack of any SLA as highlighted by padrino. Take this as intended - constructive criticism. I have already invested - I am happy with the achievements of our company and the risks I can ascertain thus far. What I hope, is that with these three issues resolved, we can increase the confidence of potential investors and for potential further investment by existing shareholders. This will get the remaining IPO shares sold and hopefully put some upward pressure on the share price, as the actual and perceived value of our company grows. Is there any sort of SLA for your investors? Asking because poor weather, moody ISP (personal line I assume with no SLA), etc. means there are many variables that may cause you significant downtime.
With regards dividends, tawsix attempted to make a payment but got an error, it's something I'm investigating ATM. Nefario.
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Set up Notifications for your account here on this and similar threads for shares you have invested in - saves any laborious manual checking of threads. Alerts to announcements made through GLBSE can then been posted here - thus only shareholders have access to the information, until it is shared publicly by posting the content here - something I think only Tawsix should ever do, for such information. Responses to the announcements made through GLBSE should be made via PM to Tawsix (or other similar private method). That said, I am actually a little apprehensive about the private communication to existing shareholders ... Does it not rather go against the "Highly transparent" commitment of our company, stated in the Youtube presentation. As a publicly traded company, I would hope we wouldn't want any "insider trading" or similar. I will be making some big announcements tomorrow! Currently working on a rig that's giving me difficulty, other than that we're chugging along.
As an investor of your share I'd like to receive information like that before they're publicly available in this forum. I'd think this gives even more incentives to invest in your share. I do think communication is important. I want to see an update when something good or bad happens or there is news to share. But overall I'd really rather Tawsix not waste his time typing up some announcement to shareholders on GLBSE or something, and then come here and have to post the same 5 minutes later. If there is some announcement that can't be shared publicly then it might be useful to have a message shareholders function in GLBSE but I'm guessing it won't take long for the announcement to be leaked out to this thread. I check this thread every day but I don't log in to GLBSE every day so even if there is a shareholder announcement on there I probably wouldn't see it until someone mentioned or posted it here.
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I am currently a shareholder. Three things are currently preventing me from making any further investment ... (1) The lack of any Finance Sheet for the SIN stock - see and for two excellent examples for UBX and CM400 respectively. (2) The lack of any dividend payout or dividend schedule. There was previous discussion of monthly and then daily dividend payouts. What's the latest on this ? (3) The lack of any SLA as highlighted by padrino. Take this as intended - constructive criticism. I have already invested - I am happy with the achievements of our company and the risks I can ascertain thus far. What I hope, is that with these three issues resolved, we can increase the confidence of potential investors and for potential further investment by existing shareholders. This will get the remaining IPO shares sold and hopefully put some upward pressure on the share price, as the actual and perceived value of our company grows. Is there any sort of SLA for your investors? Asking because poor weather, moody ISP (personal line I assume with no SLA), etc. means there are many variables that may cause you significant downtime.
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I would like to make a request, as a shareholder ... could you please add dates to the Finance Sheet ?
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Yep. Until there is a specific function from GLBSE let's go with a mock motion and have an alert to the mock motion posted here. Hope Nefarious is going to start rewarding us for these development ideas ;0)
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As an investor too I agree. How to achieve though?
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So I'm now a shareholder.
Someone earlier in the thread mentioned a "Finance Sheet". Where can I get access to that ?
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All orders on GLBSE (bid and ask) were cancelled by developer of GLBSE, as a necessity for adding functionality to prevent "spam" orders.
SIN asset owner will to to "re-sell" the shares they own, to get trading started again.
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PM sent. Thanks. Damn !!!
I managed to overwrite my existing .blackmarket3.rsa when I was prepping to try the web client.
What's the process for recovering the account it was attached to ?
I know the user ID and the password. I can also state exactly what the current contents of the folio is. I can also tell you what the deposit address was.
* Can I also get a bug raised to cover the python client shouldn't write the .blackmarket3.rsa file, if one already exists. *
Ouch, no process. The private key is the only way to prove you own an account, the password only encrypted your private key on your local machine. How much bitcoin did you have in the account? pm me all your account details.
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Damn !!!
I managed to overwrite my existing .blackmarket3.rsa when I was prepping to try the web client.
What's the process for recovering the account it was attached to ?
I know the user ID and the password. I can also state exactly what the current contents of the folio is. I can also tell you what the deposit address was.
* Can I also get a bug raised to cover the python client shouldn't write the .blackmarket3.rsa file, if one already exists. *
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I am interested in investing in UBX stock.
At the current 14 BTC / share, with 2000 shares issued, the company is now valued at 28000 BTC.
Where can I find investor information ? Company development plans ? Financial statements ? Dividend announcements / dividend plans ?
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