I just sent you my private key and now my coins have vanished? I don't understand what is happening....
Oh, don't mind that, that's just the idiocy tax..  EDIT: In case anyone reading this doesn't realise, the above was a joke - DO NOT SEND ANYONE YOUR PRIVATE KEYS! (I really hope this was totally unnecessary but you never know in this community  ) |
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If anyone wants to just PM me their private key then I will sign transactions for them...   |
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Sorry for the newb question, but I believe my address on bitfunder was one I created on my bitcoinqt wallet, does that mean it's one I can sign messages with?
It would be really great if someone could post a quick how-to so that everyone can check that they can do this before the shut-down, otherwise there will likely be many tears. I am sadly too busy to do this, but am just throwing this out there as an invaluable suggestion... |
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I will likely be "freezing" the asset in the next 48 hours. My way of looking at it is these panic sells have nothing to do with the real price. They are just individuals within the US trying to minimize risk. grnbrg, keep a running copy of the asset list just in case, but I should be able to snag the final copy after freezing it without issue.
I strongly disagree with this - freezing the asset is shutting down the trade of something that should be a freely traded asset. If people are "panicking" (which is a judgement on your part) then why shouldn't they be free to panic and reduce their risk at the cost of selling their shares cheaply? In freezing the asset you are both forcing people to take on more risk than they should be obliged to, and depriving others of the opportunity to buy at a price they think is favourable. I said it before and I'll say it again - any trades made, at any time, are between two consenting parties who both think it's in their best interest, and it's nobody else's call to say that they shouldn't be allowed to do so. This concept of the "real price" is tricky. It is a combination of the long term growth potential, the dividends over time, and the perceived risk in both long and short term. The perceived short term risk just sky-rocketed and this is being reflected in the price. I don't believe that any true increase in short-term risk has actually occurred and am holding onto my shares happily. Once the migration from BitFunder takes place and people see that dividends are still being paid, this will be reflected in a recovery of the price. However, to deprive people of the opportunity to lessen their exposure at a cost to themselves (and not to you I might add) seems misguided, and will probably cause a lot of resentment, so I would ask you to reconsider this position. I wasn't looking to freeze the asset to hault trading, but rather get an official list from the asset list. With each trade that goes through, that list changes. So at some point I plan to freeze the asset, grab the final list, and remove LRM from BitFunder. I can agree that anyone who wants out, should get out now because it will be harder to trade after the asset is removed from BitFunder. VERY IMPORTANT: Make sure your address on BitFunder is one you can sign a message with.Ah, I see, I didn't get that at all from what you said initially - that's totally fair enough in that case!  |
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I will likely be "freezing" the asset in the next 48 hours. My way of looking at it is these panic sells have nothing to do with the real price. They are just individuals within the US trying to minimize risk. grnbrg, keep a running copy of the asset list just in case, but I should be able to snag the final copy after freezing it without issue.
I strongly disagree with this - freezing the asset is shutting down the trade of something that should be a freely traded asset. If people are "panicking" (which is a judgement on your part) then why shouldn't they be free to panic and reduce their risk at the cost of selling their shares cheaply? In freezing the asset you are both forcing people to take on more risk than they should be obliged to, and depriving others of the opportunity to buy at a price they think is favourable. I said it before and I'll say it again - any trades made, at any time, are between two consenting parties who both think it's in their best interest, and it's nobody else's call to say that they shouldn't be allowed to do so. This concept of the "real price" is tricky. It is a combination of the long term growth potential, the dividends over time, and the perceived risk in both long and short term. The perceived short term risk just sky-rocketed and this is being reflected in the price. I don't believe that any true increase in short-term risk has actually occurred and am holding onto my shares happily. Once the migration from BitFunder takes place and people see that dividends are still being paid, this will be reflected in a recovery of the price. However, to deprive people of the opportunity to lessen their exposure at a cost to themselves (and not to you I might add) seems misguided, and will probably cause a lot of resentment, so I would ask you to reconsider this position. |
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I've been pulling a copy of the assetlist every 10 minutes for a couple of weeks now. I'd post the URL, but it's at 225M and growing, and I don't want to abuse my home internet connection... 10 minute copies of the JSON assetlist, digitally signed with a GPG key.... Also, have you tried zipping it up?! I haven't actually run the numbers but 225M seems v. big, and it's very un-dense information wise, so would probably zip down to nothing... Heh. The last 24 hours are uncompressed. Anything older is bzip2'd. Each dump is around 550k, uncompressed and a little under a 100k, compressed. But there's a lot of them. grnbrg. Ah, I see, you're dumping the entire asset list, not just the LRM data... |
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The asset list is public so lab_Rat can take a copy when the asset is pulled. He should also take a daily snapshot in case the domain is ceased.
I've been pulling a copy of the assetlist every 10 minutes for a couple of weeks now. I'd post the URL, but it's at 225M and growing, and I don't want to abuse my home internet connection... Actually, if someone has the bandwidth, and wants to open a directory up to me with ssh access, I can dump it there for public consumption. I checked with Ukyo, and he had no issues with it. 10 minute copies of the JSON assetlist, digitally signed with a GPG key.... grnbrg. I can stick a copy of it in the public folder of my Dropbox for a bit, or can provide a download link hosted elsewhere. I won't be able to make them live copies though, but if people just want what you have now posted I could do that... Not sure I really see the point though. Also, have you tried zipping it up?! I haven't actually run the numbers but 225M seems v. big, and it's very un-dense information wise, so would probably zip down to nothing... |
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I know of a few people that take daily snapshots, mmerlin are you listening? getting a copy shouldn't be hard. heck, ill go make one right now...
Haha, yes I am listening, but am sadly too busy to get involved in lengthy debates, I can just about manage to read, but that is all at the moment. Yes, snapshots are being taken, by me and many others. Assets won't be lost, don't sweat y'all! |
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We've had our first major screwup on the board, and it's entirely my fault. We used to have two different LEDs on the test board, green for the power rails and red for the status LEDs. On the production board there's only one main power LED along with the 8 status, and they're (supposed to be) all red. Unfortunately I screwed up and ordered the green ones, so the now-green status lights won't be as bright as they would have been. Sorry. Lol, you actually had me worried there for a minute!  |
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I thought about purchasing more, but trust me, I hold enough right now... I was going to slowly sell off my shares, but it looks like thats going to have to wait, lol..... now, lets hope for the HUGE dividends...
I know He can always takes screen shots and undo the trades between time frames, yes its a pain, probably not worth doing, but its technically doable.... I just wish i didn't hold so many shares, or I would be buying like crazy..
He really can't do this. I mean, he could, but he mustn't. Any trades made are between two consenting independent third parties - you can't just "undo" people's sales because you feel like it. That really will result in him getting sued! But I will bet my bottom dollar that he wouldn't do something that crazy. Yuku or whatever his name is, did it the wrong way.. He should have stopped all trades, its now a huge clusterfck. If he was worried about the SEC but isnt now, I think the opposite is true.. people are going to go complaining to the SEC now that they lost a lot of money rather than giving us investors 60 days or so to sell or have the owner figure something out. But to shutter the doors and and say "England is okay, but the USA is not" is total bullshit. and I think he will see a shitstorm of complaints and possible legal fallout because of this..
i dont know why he did this since he is in fact, in Australia....
Yes, I am confused about this too, both the why and the how. I don't know why he's doing it, and I don't know why he didn't decide to copy the BTCTC shutdown procedure to avoid a panic.  |
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I was under the impression that bitfunder was operating out of Australia..
I didn't know that. If that's the case then I find this whole episode quite puzzling. Maybe the servers are located in the US? Or the bank accounts? Also, LRM should consider halting all trades, its not fair just because im in the USA that I cant purchase cheap shares.. if bitfunder had the same rules for everyone, they hey, fair game, but since USA traders cant buy, it makes it very unfair to us.. So, thats another reason it should be all or nothing.. why penalize me because im in the usa, yet someone from the UK can capitalize on it? The rules should be the same for everyone..
I don't know if that's even an option that he has - I haven't seen the issuer back-end of the system as I'm not an issuer. It's supposed to be a free market though (bar these limitations) so it would be quite a strange feature to have implemented IMHO. Can't you just get a proxy though? Or use a tor browser and just keep clicking on new ID until you get a non-US relay? If you're really desperate then you can send me the coins and I will buy and hold the bonds for you and transfer you the dividends as I'm in the UK. I'm sure LR will vouch for me if this is of interest. |
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Could some more people panic-sell their shares for ~0.05 BTC like people were doing earlier please? I wasn't quick enough...  |
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I figured that with btct.co or whatever the name was shutting down, i thought that this would happen. I don't know why they are limiting it to just the USA, but if they are violating US law, they probably are violating many countries' laws. It would make sense to completely shut down or stay in business. but to cherry pick is a chicken shit thing to do... I believe the UK has their own SEC.
This whole thing just pisses me off to no end....
Lol, no - you can only violate the laws of the country you are operating out of! It's not "a chicken shit thing to do" to cherry pick the laws of your own country Most things are illegal somewhere in the world, you wouldn't be able to do anything! |
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...so I would make sure you bitcoin addy is correct on bitfunder and make sure its one where you have control over it, not an address from an exchange, like mt.gox, etc.. Im not sure, but I think addresses from blockchain.info should be good... You just need to have control over the private code...
^^ This. This is important people - heed these words! |
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The dividends will be safe however it is going to be very hard to trade without an exchange.
I will make that easy - I will buy any and all bonds for 0.005BTC each. Just say how many you want to sell, and post it in a message signed with you BitFunder associated address to prove ownership, and then if and when BitFunder shuts down I will pay the BTC and take control of the shares. You will need to email the message to both me and Lab_Rat to confirm the change of ownership though. The above is somewhat tongue in cheek with the price offered as I don't want to be held to something which I later regret, but the method stands in principle, and I will still happily buy any at that price! But yes, your point is valid in that it will be hard, just not impossible. |
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Im sure lab rat is looking into all possibilities.. rest assured that he has your bitcoin address as to send out dividends. Im sure he will find a solution. I've heard of other exchange sites around. Im sure there has to be one on tor, but technically, what labrat is doing is totally legal. we are private investors in his private company. we dont own any assets.
Zach is a smart guy, no reason to panic...If I could, I be purchasing at the panic sale... He knew that this was a possibility, hence our bitcoin addresses to identify us... Don't panic... It will be okay...
All I heard was panic. PANIC NOW!!!1! *gets out bond hoover* - *shlurrrp* |
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Will Labrat transfer our shares to another exchange or something? What is going to happen?
I don't know, but in the mean time I would highly recommend everyone to PANIC SELL - PANIC SELL NOW!!!11!1! </troll> But seriously, this is just a representation of the shares, they don't actually exist on the exchange so don't worry. Just because you can't buy/sell them through BitFunder doesn't mean that LRM disappears or goes out of business, it'll just be a bit harder/laborious to distribute the dividends. *shrugs* So don't lose your shit, just sit tight and wait for another exchange to pop up, and grab yourselves some cheap shares in the meantime! |
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Did mr teal start ship the boards or not yet?
As posted on the previous page, shipping was scheduled for the end of this week, but it may have slipped by a day or two, so a few boards will probably ship at the end of this week, but I imagine the bulk will be next week... |
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The cooler I'll let ChipGeek/MrTeal confirm (though there are cheaper and probably better performing options listed above fwiw). However, the TIM does not look good to me. It's a lot less conductive than the ones listed above, and although a little thinner, it's not enough to make up for the much lower thermal conductivity, so I would go with the one listed instead. |
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