SaltySpitoon
Legendary
Offline
Activity: 2590
Merit: 2156
Welcome to the SaltySpitoon, how Tough are ya?
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September 23, 2013, 08:13:29 PM |
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Should litecoinglobal.com operate at a loss for more than 30 days, burnside reserves the option to liquidate and distribute the proceeds. We don't know the reason why burnside is shutting down his exchanges, but this is plainly not the reason. The announcement reads, " As a result of recent changes in the virtual currency regulatory environment, the btct.co and litecoinglobal.com virtual stock market websites will be closing down. The following is our current schedule:" A reasonable speculation would be that he has either already recieved a cease and desist letter/pressure to shut down, or he or a lawyer feels that there is serious risk for a regulatory agency to shut down Litecoinglobal and btct so rather than waiting, he chose to shut everything down on his terms and hopefully avoid legal issues. Of course, nothing will be really known until Burnside releases more details, however I believe what I posted to be at least fairly likely and probably not too FUDy. Can someone tell me whats the difference between "public BTC address" or my "withdraw address"? Since I only have one btc address (stored on usb stick).
Site wants me to have public btc address set but as of right now I have same address in both fields.
Asset issuers can see a list of their shareholder's emails, share counts, and their "public BTC address" so if they need to continue sending you funds even if btct is down, or to liquidate and send funds to their share holders, they can do so without having to contact shareholders and confirm correct addresses and whatnot. Asset issuers however cannot get access to your account to see what Bitcoin address you normally withdraw funds to, so by having a public one, they can get BTC to you more easily.
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SebastianJu
Legendary
Offline
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
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September 23, 2013, 08:16:19 PM |
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Can someone tell me whats the difference between "public BTC address" or my "withdraw address"? Since I only have one btc address (stored on usb stick).
Site wants me to have public btc address set but as of right now I have same address in both fields.
Click on that message. Its a bad made link. Then you will find what the page wants. I didnt find it before too. Sat up withdraw address but still got the message.
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Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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Rannasha
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September 23, 2013, 08:16:55 PM |
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Can someone tell me whats the difference between "public BTC address" or my "withdraw address"? Since I only have one btc address (stored on usb stick).
Site wants me to have public btc address set but as of right now I have same address in both fields.
Withdrawal address is simply what you use to withdraw coins to. The public btc address is something that asset-issuers can use to identify you with. After the site is offline, asset-issuers can pay dividends or buybacks to your public address. Also, in case the asset changes to a "direct share" setup (like ASICMINER uses), you can use your public address to sign messages with and asset issuers can verify that the message came from you. There is no problem with having the withdrawal address the same as your public address.
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stefffe
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September 23, 2013, 08:18:30 PM |
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Can someone tell me whats the difference between "public BTC address" or my "withdraw address"? Since I only have one btc address (stored on usb stick).
Site wants me to have public btc address set but as of right now I have same address in both fields.
Click on that message. Its a bad made link. Then you will find what the page wants. I didnt find it before too. Sat up withdraw address but still got the message. No no, Im not talking about bad links... Im just wondering what is the difference between public btc address and withdraw address, and why I should not use the same address.
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stefffe
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September 23, 2013, 08:19:36 PM |
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Can someone tell me whats the difference between "public BTC address" or my "withdraw address"? Since I only have one btc address (stored on usb stick).
Site wants me to have public btc address set but as of right now I have same address in both fields.
Withdrawal address is simply what you use to withdraw coins to. The public btc address is something that asset-issuers can use to identify you with. After the site is offline, asset-issuers can pay dividends or buybacks to your public address. Also, in case the asset changes to a "direct share" setup (like ASICMINER uses), you can use your public address to sign messages with and asset issuers can verify that the message came from you. There is no problem with having the withdrawal address the same as your public address. Thanks dude!
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ooeygooeygold
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September 23, 2013, 08:25:15 PM |
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Can I transfer my shares to bitfunder without selling them?
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Rannasha
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September 23, 2013, 08:26:02 PM |
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Can I transfer my shares to bitfunder without selling them?
Check the thread of the asset(s) you have shares in. Contingency-plans are up to the individual asset-issuers.
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creativex
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September 23, 2013, 08:33:29 PM |
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Should litecoinglobal.com operate at a loss for more than 30 days, burnside reserves the option to liquidate and distribute the proceeds. We don't know the reason why burnside is shutting down his exchanges, but this is plainly not the reason. The announcement reads, " As a result of recent changes in the virtual currency regulatory environment, the btct.co and litecoinglobal.com virtual stock market websites will be closing down. The following is our current schedule:" A reasonable speculation would be that he has either already recieved a cease and desist letter/pressure to shut down, or he or a lawyer feels that there is serious risk for a regulatory agency to shut down Litecoinglobal and btct so rather than waiting, he chose to shut everything down on his terms and hopefully avoid legal issues. Of course, nothing will be really known until Burnside releases more details, however I believe what I posted to be at least fairly likely and probably not too FUDy. I quoted a section of the ltc-global contract. The shutdown conditions stated there were not met.
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freedomno1
Legendary
Offline
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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September 23, 2013, 08:41:47 PM |
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My transaction got rejected from the node on btct anyone know what to do in this case http://blockchain.info/rejected4e20f8151fd74563a5204f4a975bf953375e7eadd90787c2844da188c72dbd0c ConnectInputs() : mapTransactions prev not found 799ccb1f2d502cb54cdb0a3b7149612ad28f831e9ba2ff94dad4a814b224f527 2013-09-23 19:54:54
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Believing in Bitcoins and it's ability to change the world
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thy
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September 23, 2013, 09:06:20 PM |
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Is there some problems with deposits on BTC.TC at the moment i sent over some coins there, it showed up as 0/3, 1/3, 2/3 confirms then when it got up to 3/3 the incoming deposit dissapeard but it dident show up om my account !
EDIT The coins showed up after some minutes, maby just high load or something on the site at the moment..
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Deprived
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September 23, 2013, 10:22:38 PM |
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My transaction got rejected from the node on btct anyone know what to do in this case http://blockchain.info/rejected4e20f8151fd74563a5204f4a975bf953375e7eadd90787c2844da188c72dbd0c ConnectInputs() : mapTransactions prev not found 799ccb1f2d502cb54cdb0a3b7149612ad28f831e9ba2ff94dad4a814b224f527 2013-09-23 19:54:54 The rejection has absolutely nothing to do with BTC-TC. Looks like you were trying to double-spend or something - or sending coins that hadn't yet arrived.
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btceic
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September 23, 2013, 10:33:29 PM |
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I tried withdrawing my funds, msg says trading halted.
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freedomno1
Legendary
Offline
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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September 23, 2013, 10:42:42 PM |
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My transaction got rejected from the node on btct anyone know what to do in this case http://blockchain.info/rejected4e20f8151fd74563a5204f4a975bf953375e7eadd90787c2844da188c72dbd0c ConnectInputs() : mapTransactions prev not found 799ccb1f2d502cb54cdb0a3b7149612ad28f831e9ba2ff94dad4a814b224f527 2013-09-23 19:54:54 The rejection has absolutely nothing to do with BTC-TC. Looks like you were trying to double-spend or something - or sending coins that hadn't yet arrived. Weird the coins are in limbo though all I did was request a withdrawl on btct So it should be a normal transaction deprived Hello, This is confirmation of your requested withdrawal. Account: freedomno1 Transferred: 22.30635366 BTC Payment Address: 14oVPgCYK9MFZdvXMg65DpnnpnThGCfXdm Transaction ID: 4e20f8151fd74563a5204f4a975bf953375e7eadd90787c2844da188c72dbd0c Site Fee: 0 BTC bitcoind Fee: 0 BTC Thank you for using BTC-TC But I guess from your explanation burnside might have done a double spend from the hot wallet then Well will wait till he gets back
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Believing in Bitcoins and it's ability to change the world
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Peter Lambert
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September 23, 2013, 10:42:49 PM |
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I tried withdrawing my funds, msg says trading halted.
Did you add the "public bitcoin address" yet?
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Use CoinBR to trade bitcoin stocks: CoinBR.comThe best place for betting with bitcoin: BitBet.us
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Deprived
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September 23, 2013, 10:45:32 PM |
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My transaction got rejected from the node on btct anyone know what to do in this case http://blockchain.info/rejected4e20f8151fd74563a5204f4a975bf953375e7eadd90787c2844da188c72dbd0c ConnectInputs() : mapTransactions prev not found 799ccb1f2d502cb54cdb0a3b7149612ad28f831e9ba2ff94dad4a814b224f527 2013-09-23 19:54:54 The rejection has absolutely nothing to do with BTC-TC. Looks like you were trying to double-spend or something - or sending coins that hadn't yet arrived. Weird the coins are in limbo though all I did was request a withdrawl on btct So it should be a normal transaction deprived Hello, This is confirmation of your requested withdrawal. Account: freedomno1 Transferred: 22.30635366 BTC Payment Address: 14oVPgCYK9MFZdvXMg65DpnnpnThGCfXdm Transaction ID: 4e20f8151fd74563a5204f4a975bf953375e7eadd90787c2844da188c72dbd0c Site Fee: 0 BTC bitcoind Fee: 0 BTC Thank you for using BTC-TC Ah sorry - misundestood, thought you were talking about a deposit. I'm sure burnside will fix it when he shows up.
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freedomno1
Legendary
Offline
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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September 23, 2013, 10:47:41 PM |
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My transaction got rejected from the node on btct anyone know what to do in this case http://blockchain.info/rejected4e20f8151fd74563a5204f4a975bf953375e7eadd90787c2844da188c72dbd0c ConnectInputs() : mapTransactions prev not found 799ccb1f2d502cb54cdb0a3b7149612ad28f831e9ba2ff94dad4a814b224f527 2013-09-23 19:54:54 The rejection has absolutely nothing to do with BTC-TC. Looks like you were trying to double-spend or something - or sending coins that hadn't yet arrived. Weird the coins are in limbo though all I did was request a withdrawl on btct So it should be a normal transaction deprived Hello, This is confirmation of your requested withdrawal. Account: freedomno1 Transferred: 22.30635366 BTC Payment Address: 14oVPgCYK9MFZdvXMg65DpnnpnThGCfXdm Transaction ID: 4e20f8151fd74563a5204f4a975bf953375e7eadd90787c2844da188c72dbd0c Site Fee: 0 BTC bitcoind Fee: 0 BTC Thank you for using BTC-TC Ah sorry - misundestood, thought you were talking about a deposit. I'm sure burnside will fix it when he shows up. No worries thanks for the help
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Believing in Bitcoins and it's ability to change the world
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forensick
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September 23, 2013, 10:48:54 PM |
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what a strange day, i was thinking, that bitfunder could be closed first than btct.co.
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N_S
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September 23, 2013, 10:53:16 PM |
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Weird the coins are in limbo though all I did was request a withdrawl on btct So it should be a normal transaction deprived
Hello,
This is confirmation of your requested withdrawal.
Account: freedomno1 Transferred: 22.30635366 BTC Payment Address: 14oVPgCYK9MFZdvXMg65DpnnpnThGCfXdm Transaction ID: 4e20f8151fd74563a5204f4a975bf953375e7eadd90787c2844da188c72dbd0c Site Fee: 0 BTC bitcoind Fee: 0 BTC
Thank you for using BTC-TC
But I guess from your explanation burnside might have done a double spend from the hot wallet then Well will wait till he gets back
Just FYI, I have the same issue, except blockchain.info is saying the transaction couldn't be found.
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freedomno1
Legendary
Offline
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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September 23, 2013, 10:57:45 PM |
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Weird the coins are in limbo though all I did was request a withdrawl on btct So it should be a normal transaction deprived
Hello,
This is confirmation of your requested withdrawal.
Account: freedomno1 Transferred: 22.30635366 BTC Payment Address: 14oVPgCYK9MFZdvXMg65DpnnpnThGCfXdm Transaction ID: 4e20f8151fd74563a5204f4a975bf953375e7eadd90787c2844da188c72dbd0c Site Fee: 0 BTC bitcoind Fee: 0 BTC
Thank you for using BTC-TC
But I guess from your explanation burnside might have done a double spend from the hot wallet then Well will wait till he gets back
Just FYI, I have the same issue, except blockchain.info is saying the transaction couldn't be found. Check the rejected transactions list transaction ids won't show up if it is not included in a block http://blockchain.info/rejectedHmm almost off that list saves a copy of it before it gets off the page http://postimg.org/image/6lo7se5th/
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Believing in Bitcoins and it's ability to change the world
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Puppet
Legendary
Offline
Activity: 980
Merit: 1040
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September 23, 2013, 11:00:17 PM |
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what a strange day, i was thinking, that bitfunder could be closed first than btct.co.
That may still become true
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