Interesting that ~ 5.2% (2735 of 55472) of total bonds issued have not verified.
Of the total unverified, two addresses account for more 50% of the unclaimed assets.
755 1JgrxkAbiCUnhY7jYJ5Vkiisx4DynNxCD9 655 1FPPy6mkU4HGZjvig8imkuDSzBzc4LgSET
37 accounts follow with a total of 1151 bonds ranging from 10 - 98 bonds per account.
58 accounts follow with between 1 - 8 bonds each.
I move that LRM hold these bonds in escrow for claimants for a further period of 6 months.
After that point, the bonds could be donated to charity or the Bitcoin Foundation.
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List: https://drive.google.com/folderview?id=0BwZCh0jtSZkwQXhYSVhzaWZUcmc&usp=sharingHW has started coming in as I said and I will be setting aside this (not including previous hashrate) revenue for new hardware until 14 days after all hardware is received... depending on the pricing I can get with Dave this will mean a lot of hardware in addition to what is being added right now. Sorry for no updates, been a little busy. grnbrg, entertain these people!!! Thanks! LR. Looking forward to further detail on what hardware is currently up and running and expected Any update on current hashrate? Would it be doable to post here once per week with an approximate average hashrate for the past week? The proletariat is restless
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Administrative Correction Thanks!
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"I should be receiving ~12TH of H-Boards which is roughly 480 boards between Mon and Wed with M-Boards following a day or 2 behind"
Did this come true or are we still waiting?
Based on his statement he would be waiting for M boards still. Likely the gear will be coming on line over the next 3 days as he integrates it. My observation only
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Off topic a little, but I did use funds generated by LRM!
I managed to haul my fat gimpy ass down to the opening of the world's first BTC ATM today, and strangely enough, they told me that I am the first customer to sell BTC for fiat on one of these machines. Didn't get a prize, but I will frame the receipt and the $$, since to me it's kind of a big deal.
Just found this after I saw your pics mate. http://nymag.com/daily/intelligencer/2013/10/i-used-the-worlds-first-bitcoin-atm.htmlIs it possible you missed M31's point when he said he was the first to SELL BTC for fiat from the ATM machine? Everyone else prior to him bought BTC.
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I heard a rumour that he was going to get some Bitfury gear soon..... Vicious things, rumors - they only serve to sharpen ones appetite for confirmation
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grnbrg can be trusted with this. My opinion.
grnbrg is trusted - my opinion and observation
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Got my payout. Thanks for all the work, LR!
Your thanks is much appreciated. Working really hard to make everything right for everyone and there's a lot going on right now. Got mine today as well... TYVM. BF crapping out was not on the project plan so thanks for making the best of a bad situation.... onward and upward
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"The List" -- https://drive.google.com/file/d/0BwZCh0jtSZkwNGVkRk50Wno3Q00/edit?usp=sharingIf you Failed Verification, that means one of many things. You didn't put in the required info, you sent me an armory signature, or you did some weird stuff that I couldn't figure out. This does not mean you can't send me another email!!!!!!!!!!!!! If you sent me an armory one, I just didn't get a chance to set up an armory. Send me the email again as I lost track of which were armory. Some individuals left the body of the signed message blank or added carriage returns to the end, and I figured out some of them that I should have gave up on sooner. Those of you who failed... Just put EXACTLY what you put in the signed message in the email and give the message signature. I guess I sent my first message too early - signed message sent again - I checked the verification prior to sending TYVM Resent again with the correct format per the info reposted by Bargraphics..... I really need to get better at following instructions - even my wife tells me this, regularly
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Great, more fees limiting liquidity. 0.025 fee on shares which are going for 0.05-0.07 right now. You're only hurting the little guy who wishes to buy 1 or 2 shares at a time with a limited mining income. I hope this is not the final solution as to how trading is going to happen? I'd rather offer my developer services to create you a decent automated way Umm, 0.5% fee is OK. But 0.025 BTC min fee seems quite much. Besides that, hope there's a solution working soon. It's not final, @Lab_Rat is looking into automated solutions. (And the nastyfans website looks kind of cool....) * grnbrg takes off any sort of "official" LRM hat. My thoughts here.....As far as the 0.025 BTC fee.... I'll be honest and say that I suggested that. Until there is an automated system that only needs to be reviewed occasionally, trades are going to have to be handled manually. Between co-ordinating the emails, verifying signatures, re-requesting invalid signatures, hand-holding the users who don't really understand signatures, making and double-checking the changes to the master list, I figure that each transaction is going to take me 5-10 minutes, probably more. If there is a transaction for 2 bonds at 0.08 BTC each, the 0.5% fee would be 0.0008 BTC, or roughly 15 cents. To be perfectly honest, I don't want to bother with small transactions. (I know there are people who want small transactions, and I understand their frustration. But my time is worth more than $2 an hour.) Setting a minimum fee makes it worth my while to process trades. $5 didn't seem like an unreasonable number. But, as above. The process isn't final. Should the fee be smaller? How small? $2 per transaction? Maybe a flat fee for a transaction of any number of bonds? Again - until an automated system is set up, this will be manual.... I'm trying to foster some discussion here, and hopefully get away from the surprise changes... grnbrg. I for one am very grateful LRM has the support of grnbrg - I know what he does for a living and am 1000% confident is time and focus is worth waaaaay more than BTC0.025 to deal with the issue in the interim. TYVM grnbrg for supporting the transition Cheers
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"The List" -- https://drive.google.com/file/d/0BwZCh0jtSZkwNGVkRk50Wno3Q00/edit?usp=sharingIf you Failed Verification, that means one of many things. You didn't put in the required info, you sent me an armory signature, or you did some weird stuff that I couldn't figure out. This does not mean you can't send me another email!!!!!!!!!!!!! If you sent me an armory one, I just didn't get a chance to set up an armory. Send me the email again as I lost track of which were armory. Some individuals left the body of the signed message blank or added carriage returns to the end, and I figured out some of them that I should have gave up on sooner. Those of you who failed... Just put EXACTLY what you put in the signed message in the email and give the message signature. I guess I sent my first message too early - signed message sent again - I checked the verification prior to sending TYVM
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You seem to live in the illusion that the US governs the world, while it seems that they can't even govern themselves. Havelock nor their operators are based in the US, so the SEC can go fuck themselves.
There's a reason exchanges exist, I don't think it's a good development that each stock wants to start its own internal/direct exchange.
Who is fucking who here? LRM is in the USA and is governed by US law. SEC is in charge of anything IN THE USA that might be construed as a public stock offering. So, perhaps you would like to take a breath and check your shit before you spout FUD like a troll. If Havelock is making what might be construed as a public offering of shares available for purchase directly by USA citizens they most certainly will have something to say about it. Bitfunder is in Australia and a lot of good that did. Bottom line is that LRM is working on it. If you do not trust him to sort it out let me know and I would be happy to buy your bonds from you at current rates. And you think creating a separate exchange would solve that problem? Doesn't that just create another attack vector for the SEC? Just btw, I'm totally cool here. You on the other hand seem a bit nervous, attacking me for raising a few concerns, maybe you should take a deep breath next time you rage around here. I was irritated but am now partially over myself...... My point, albeit diminished or obscured by my tone, was to emphasize that LRM purposefully structured his offering to be within the guidelines of the SEC. This was accomplished by a limited offering to a select, private market. Bitfunder was the delivery system for the bonds and LRM clearly was caught up in it. His solution insofar as I am aware, is to create private marketplace on his website for LRM bonds only - not to create another exchange. This will hopefully reestablish liquidity for LRM bonds in the USA.
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You seem to live in the illusion that the US governs the world, while it seems that they can't even govern themselves. Havelock nor their operators are based in the US, so the SEC can go fuck themselves.
There's a reason exchanges exist, I don't think it's a good development that each stock wants to start its own internal/direct exchange.
Who is fucking who here? LRM is in the USA and is governed by US law. SEC is in charge of anything IN THE USA that might be construed as a public stock offering. So, perhaps you would like to take a breath and check your shit before you spout FUD like a troll. If Havelock is making what might be construed as a public offering of shares available for purchase directly by USA citizens they most certainly will have something to say about it. Bitfunder is in Australia and a lot of good that did. Bottom line is that LRM is working on it. If you do not trust him to sort it out let me know and I would be happy to buy your bonds from you at current rates.
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or are you planning on moving to another exchange?
Errr, what exchange exactly do you suggest? There are none left other than Havelock and I for one would not place much effort in making a switch as you can fully expect that they will be the next group to be in the focus of the SEC. If you were to read a little further you would see that LRM is working on a viable longer term solution which is based on self trading within his own website etc. This will also serve (I expect) to keep him onside of securities laws in the USA which are not something to be trifled with..... And, no. There is no breach of contract here.
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Coins Mined: ~85 Payout: ~61.25 Per Bond: ~0.001104
Dave stated he'd be setting up hardware next week and getting it ready to send out. He will be sending it out in large bundles probably over the course of a week to 14 days as setting up this much equipment isn't an easy task. It will start rolling in next week and what it accumulates between time of arrival and 14 days after it is all received will 100% go into additional hardware. Dave is speaking of major major price decreases between this order and the next which means that the coins this equipment mines will not only have more purchasing power in terms of equipment price, but also BTC price.
I did wait until the last minute to take advantage of BTC price increases that have occurred recently.
I'm working on a verification spreadsheet to post that will alert anyone who has not verified addresses with me that I hope to have up tomorrow. There is a lot going on right now, but I am working on it.
TYVM Again! - now that is service
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Hey Zach
Any chance you could outline what the dividends were this week? I understand they will be paid next week but it would be nice to get an indication of the amount that is carried over.
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What did you eat guys eat for lunch?
Really! Really? I just want to know what they drank
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