Quote from: http://www.reddit.com/r/Bitcoin/comments/1s5hzl/my_human_translation_of_the_china_regulation/The Notice requires, at this stage, all financial institutions and payment institutions must not use Bitcoin to set price for product or services, not buy or sell Bitcoins, not act as a market maker for Bitcoins, not underwrite insurance related to Bitcoin or cover Bitcoin in insurance, not directly or indirectly provide other Bitcoin related services, including registering, trading, clearing or settlement; not accept Bitcoin or use Bitcoin as payment tool; not start a Bitcoin and RMB or foreign currency exchange; not start a Bitcoin saving, trust or mortgage service; not issue Bitcoin related financial services; not use Bitcoin as the investment in trusts or funds. How will this affect future operations of 796.com? |
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Is there anyone around here?
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Yep this all confirms my first impression  |
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Has anyone asked Crypto-Trade? |
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Yes some sort of update would be highly appreciated
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I have received the announcement of the IPO for this stock in my email, but as far as I can see there is no related Bitcointalk thread. Can anyone share some insight about this venture? Announcing the upcoming public offering for 7C Seventh Continent Ltd. (7C)
On Thursday, December 5th, 2013 at 1:00PM (EST), a public offering will open for 7C Seventh Continent Ltd..
Total Units: 250000
Maximum Units Per User: 250000
Price: 0.0077BTC/unit
Fund Overview: https://www.havelockinvestments.com/fund.php?symbol=7C
Market: www.gameontheseventhcontinent.com
Info: www.gameontheseventhcontinent.net
First Economy for Bitcoin owners
Seventh Continent is a digital commodities exchange in Bitcoin for privately run businesses: Let us build a better future together!
Comparative advantages:
•Seventh Continent Market is a new skill based investment opportunity for the Bitcoin community.
•Fair play, transparency, equal opportunities!
•“One Market One Trading” model means no OTC trading, no credit risk, no scams, no cheating possible, also prevents monopolistic positions and stealth or fraudulent second market transactions.
•Overtake the zero-sum game paradigm! On Seventh Continent Market digital products will be sponsored by brands (for instance energy drink will be renamed Red Bull, a rented car Avis sedan, hamburgers Big Mac or Whopper etc) paying a small advertisement fee each time a digital product bearing their brand name is sold on the Market. The fee will be divided fifty-fifty between users and operator. This way the sum of cash circulating on the Market will always be higher than the sum invested by the users!
•Investment risks on the Seventh Continent Market can be kept to a minimum since customers own the trading businesses and can have a relatively high influence on prices.
•Seventh Continent has currently no direct competition. Nevertheless it has the enormous advantage to create its own competition by opening very quickly new market places (China, South Korea, Germany, Argentina, Russia etc) in different cultural environments listing local products, in different languages, multiplying user base and sources of income alike.
•When real money for digital goods with no return loses its shine, a skill based market place where players accumulate fame and fortune stands a chance of being a real success.
•Flash front-end today and a brand new HTML5 front-end for February 2014, 3D platform for IV.Q.2014.
•Users will have the opportunity to list their real companies on Seventh Continent Market starting III.Q.2014.
Business model:
Register a company in Bitcoin > Purchase resources > Trade > Make profit > Cash out or Reinvest your Bitcoins back into the Bitcoin Economy.
Targets
Funds raised will be used for the following events and developments:
•New HTML5 front-end launch in February 2014
•Trading Rally on March 7th 2014 - Participation of unlimited number of users registering at least one digital company and participate with a minimum of one Bitcoin competing for 77 hours to win the first prize 77 Bitcoins. Three goals will be met: 1.awareness, 2.confirm a solid user base, 3.profit (first dividend) As a result we hope 7C unit value will dominantly increase.
•Open Chinese 7C platform in April 2014
•Trading Rally in Hong Kong in April 2014 (another value adding event)
•Open new regional platforms in June-October 2014
•3D launch by the end of 2014
Please contact us for more details or questions.
Thank you for your time and interest.
Gregory Adam Harmati PhD - CEO Seventh Continent Ltd. |
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Don't. You won't find Ken there, he's in the US. The London address is just a mailing address setup for the Belize registration IIRC.
Yep, looking at Google Street View it doesn't look like a neighborhood where he would be likely to have his operations. https://maps.google.com/maps?q=95+Wilton+Road+london&hl=en&ll=51.49271,-0.14055&spn=0.000003,0.00372&sll=36.764673,-2.622278&sspn=0.014646,0.029762&hnear=95+Wilton+Rd,+London+SW1V+1DW,+United+Kingdom&t=m&z=19&layer=c&cbll=51.492781,-0.140639&panoid=RFIP_1uVpHAV9dRRJM86_Q&cbp=12,263.02,,1,-0.88Edit: actually at number 95 there is a Mail Boxes, etc shop so it's 100% just a mailing address |
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So if this balance is gambled, are the winnings free to withdraw?
He has a balance of 0. But sure, knock yourself out I guess  Oh I see. I misread your previous message and thought the 478 BTC could be played |
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So if this balance is gambled, are the winnings free to withdraw?
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Cool! that looks really good! |
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What is the estimated delivery date? What happens in case of delays?
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So how did our miners do these last 2 weeks?  |
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If I held the same views on Ukyo, would I be getting involved? Certainly not! When people have their Bitcoin back because I stepped in to ensure this was fixed, how could that possibly reflect negatively on myself or Neo & Bee?
Its very easy to throw mud based on limited information, there is a valid reason as to why this information cannot be made public, at this moment in time, but that will change. Once it is public knowledge will all these people throwing mud be queuing up to apologize, I highly doubt it.
I have also made it known that anyone pursuing legal action should contact me personally or through their legal representative, if they want to save themselves a lot of time, effort and money.
Thanks, I trust you know what you are doing and when all this clears up and matters settle accordingly I will be the first one to congratulate you. But I hope you also understand people's concerns and the initial negative impact it can have until the dust settles down. |
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From Bitfunder shutdown notice: Notwithstanding the shut-down, the site will remain available for viewing and users will be able to request records from BitFunder until at least December 15, 2013.
It seems that Bitfunder has shutdown all of ActiveMining accounts. This was expected due to my "Legal Demand For Payment" and the fact that I release the information about meeting with our lawyers. This is also why we had a cutoff date on the transfers to AMC-TENDER"; however, I was still accepting transfers, but it was expected that Ukyo "God Of Bitfunder" would use his almighty power to shut off our accounts. So the last transaction time to AMC-TENDER is 2013-11-30 20:35:59. Any transfers after that date will be limbo, until we can get the records. This will also apply to the automatic transfers that Ukyo promised on December 2. In our law suite we will try and recover the records after the above date using discovery. Ken, have you tried to contact Danny Brewster (Neo&Bee) to clear up this issue? https://109.201.133.195/index.php?topic=289730.msg3794844#msg3794844I have also made it known that anyone pursuing legal action should contact me personally or through their legal representative, if they want to save themselves a lot of time, effort and money. edit: I see equipoise already cited the Neo thread |
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From the Activemining thread ( https://109.201.133.195/index.php?topic=297503.4220;topicseen): From Bitfunder shutdown notice:
Quote
Notwithstanding the shut-down, the site will remain available for viewing and users will be able to request records from BitFunder until at least December 15, 2013.
It seems that Bitfunder has shutdown all of ActiveMining accounts. This was expected due to my "Legal Demand For Payment" and the fact that I release the information about meeting with our lawyers.
This is also why we had a cutoff date on the transfers to AMC-TENDER"; however, I was still accepting transfers, but it was expected that Ukyo "God Of Bitfunder" would use his almighty power to shut off our accounts. So the last transaction time to AMC-TENDER is 2013-11-30 20:35:59. Any transfers after that date will be limbo, until we can get the records. This will also apply to the automatic transfers that Ukyo promised on December 2. In our law suite we will try and recover the records after the above date using discovery. The more I read about Bitfunder the more I believe Ukyo is a scumbag scammer and I really hope getting involved with this guy won't damage the image of Neo. |
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Miner prices increased by 50% (old prices from http://mining.thegenesisblock.com/) old price / new price silver unit (1 module) 64GH/s - 999 / 1499.40 gold unit (1 module) 128GH/s - 1559 / 2339.40 platinum unit (1 module) 256GH/s -2399/3599.40 silver unit (2 module) 384GH/s -2559/3839.40 gold unit (6 module) 768GH/s -5719/8579.40 platinum unit (6 module) 1536GH/s - 9039 /13559.40 platinum unit (6 module+6 cases) 24576GH/s -148958/223438.20 If prices increase, it must mean the demand exceeds the offer, right? |
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Danny, you said there would be an update yesterday and there hasn't been any. Share prices are plummeting because of the uncertainty, and although I'm not so focused on the short-term I do believe an explanation is due-
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Thank god I only had a few hundred Satoshis in Bitfunder and didn't get burned. OTOH, I have a significant number of Neo&Bee shares and I do believe that Neo could benefit from whatever deal they are forging.
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When Neobee floated the BTC/USD rate was aprox 130 USD
130*0.0030 = 0.39 USD each
now it is aprox 970 USD
970*.0030 = 2.91 USD each
So each share has increase in USD value a lot and investors are weary after all shit that's been going down. Why would you swap an increasing BTC for a depreciating share? Why would you buy shares on an exchange that could be taken down by the SEC soon?
The only time that Neobee shares will rise is when they publish a quarterly report that shows solid growth and substantial deposits. Or if we get some investors with balls of steel and BTC to burn.
Both Havelock and Neo are out of the US, can't really see what the SEC could do to harm this venture tbh, except maybe requiring Havelock to identify US customers (good luck with that!) |
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