bobboooiie
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July 24, 2013, 07:50:17 PM |
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The seller is getting screwed over just like the rest of us large shareholders. We negotiated a price at .61/share so when people are panic selling down to .13 it's not good for him either.
Iam pretty sure that was just a missclick ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) otherwise lucky people who picked up those ~0.13 shares
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ajk
Donator
Sr. Member
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Activity: 447
Merit: 250
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July 24, 2013, 07:51:06 PM |
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this is the craziest shake out ive ever seen, so is it definite? I am assuming all this is happening because of Burnside's recent post
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KSGuy
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July 24, 2013, 07:51:43 PM |
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The seller is getting screwed over just like the rest of us large shareholders. We negotiated a price at .61/share so when people are panic selling down to .13 it's not good for him either.
Iam pretty sure that was just a missclick ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) otherwise lucky people who picked up those ~0.13 shares I'd hope so ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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damiano
Legendary
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Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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July 24, 2013, 07:52:50 PM |
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Can we move exchanges to havelock to avoid this?
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miTgiB
Full Member
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Du hast
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July 24, 2013, 07:53:30 PM |
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The seller is getting screwed over just like the rest of us large shareholders. We negotiated a price at .61/share so when people are panic selling down to .13 it's not good for him either.
Iam pretty sure that was just a missclick ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) otherwise lucky people who picked up those ~0.13 shares Let the idiots sell, I don't have much free coin, but what I do have sits on the bid, fill me, in the mean time I collect dividends
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MilkyLep
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July 24, 2013, 07:54:04 PM |
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Yikes and I was worried about posting earlier today and causing a panic sell when I saw major shares being unloaded before work :/
I'm really hoping the minirig owner is just trying to tank the stock, but honestly I feared this would happen across the board last night when the sec news was being spread around. It seems an odd occurrence to just be affecting bASIC IMHO. Speculative fud right here: I say it's either the minirig guy or a competing asset owner trying to kill confidence in your stock creativex.
Would you mind keeping us posted about future developments regarding sec/btct man? I'm at work and on the verge of cashing everything out except bASiC due to the large hit I've taken this week.
@ dam The sec might go after assets within us borders, not just the exchanges.
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AngelSky
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July 24, 2013, 07:56:42 PM |
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For people who are panic selling: bASIC-MINING is actually mining and CreativeX is here @work. Btct is just a trading plateform. Why don't we move to another one not in the US and continue where people don't sell their shares for nothing ?
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carnitastaco
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July 24, 2013, 07:59:45 PM |
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wtf i wanted shares at .13!!! stupid work meetings
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KSGuy
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July 24, 2013, 08:03:23 PM |
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Why don't we move to another one not in the US?
What would that change exactly?
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crashoveride54902
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July 24, 2013, 08:14:34 PM |
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Dreams of cyprto solving everything is slowly slipping away...Replaced by scams/hacks ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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lunarboy
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July 24, 2013, 08:18:19 PM |
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Yikes and I was worried about posting earlier today and causing a panic sell when I saw major shares being unloaded before work :/
I'm really hoping the minirig owner is just trying to tank the stock, but honestly I feared this would happen across the board last night when the sec news was being spread around. It seems an odd occurrence to just be affecting bASIC IMHO. Speculative fud right here: I say it's either the minirig guy or a competing asset owner trying to kill confidence in your stock creativex.
Would you mind keeping us posted about future developments regarding sec/btct man? I'm at work and on the verge of cashing everything out except bASiC due to the large hit I've taken this week.
@ dam The sec might go after assets within us borders, not just the exchanges.
Same here. Think listing on Havelock and moving the business to Canada would solve all the problems. At this stage thats pretty drastic but it might be worth considering when we know more details about Burnsides plans. HOLD !
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lunarboy
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July 24, 2013, 08:19:45 PM |
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Another idea would be to go a similar way to NASTY Mining donations and a fan club ?
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runam0k
Legendary
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Activity: 1092
Merit: 1001
Touchdown
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July 24, 2013, 08:21:32 PM |
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Damn, too busy and too slow to pick up those stupidly cheap shares. ![Angry](https://bitcointalk.org/Smileys/default/angry.gif)
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davos
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July 24, 2013, 09:07:39 PM |
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Another idea would be to go a similar way to NASTY Mining donations and a fan club ?
It doesn't matter what you call it. It matters what it is.
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matt4054
Legendary
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Activity: 1946
Merit: 1035
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July 24, 2013, 10:54:27 PM |
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Dump market dumps ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) In other news, we had a record 0.0002+ dividend/share for the first time! Again, creativex, if all equipment setup is done and things run fine, please don't forget about the announcement on BTC-TC. Communication is a key to the success of any public company. Your latest news states: The Minirig SC will be expected to add 480 - 500Gh/s to bASIC-Mining's rapidly expanding hashrate. Since then, the Minirig has been happily hashing AFAIK, but potential investors (not following this topic) don't even know about it. They may just as well think you were speculating in your latest news. Incredible how irrational things are these days. Keep up the good work! And... cheers ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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AngelSky
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July 24, 2013, 11:39:19 PM |
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Maybe the bitcoin community should work on the "how to communicate" thing. Or just think about that.
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Yogi2013
Newbie
Offline
Activity: 15
Merit: 0
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July 25, 2013, 01:47:14 AM |
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Yikes and I was worried about posting earlier today and causing a panic sell when I saw major shares being unloaded before work :/
I'm really hoping the minirig owner is just trying to tank the stock, but honestly I feared this would happen across the board last night when the sec news was being spread around. It seems an odd occurrence to just be affecting bASIC IMHO. Speculative fud right here: I say it's either the minirig guy or a competing asset owner trying to kill confidence in your stock creativex.
Would you mind keeping us posted about future developments regarding sec/btct man? I'm at work and on the verge of cashing everything out except bASiC due to the large hit I've taken this week.
@ dam The sec might go after assets within us borders, not just the exchanges.
Same here. Think listing on Havelock and moving the business to Canada would solve all the problems. At this stage thats pretty drastic but it might be worth considering when we know more details about Burnsides plans. HOLD ! Welcome to Canada, land of the free!...hey wasn't that the US once? ![Cry](https://bitcointalk.org/Smileys/default/cry.gif)
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MilkyLep
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July 25, 2013, 03:10:47 AM |
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And here comes the cheap shares again. After buying in low you guys want to put up a wall around .9 BTC? ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) So I'm thinking this whole SEC debacle is getting a little out of hand and is really slightly premature. I feel its more a scare tactic on their end. Not to say some back-up options shouldn't be put into place for emergency sake. But if it does come down to moving bASIC out of the U.S., possibly to Canada (being the closest option for creativex) and he is willing to continue the venture, I wouldn't mind shooting funds or using dividend payments for mining rig transport/setup in a Canadian data center. just throwing it out there. Time to catch up on everything I've missed today.
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dexX7
Legendary
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Activity: 1106
Merit: 1026
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July 25, 2013, 03:13:44 AM |
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Just in case: Should management be unable or unwilling to continue operations of bASIC-MINING, a suitable replacement, designated by management, will be sought out. If none can be found all outstanding shares of bASIC-MINING will be bought back at a price no less than 105% of the 7d Avg price, all assets held by bASIC-MINING will be liquidated, and the proceeds distributed to shareholders. Do you think this scenario is possible, creativex? I'd really like to hear some clear words on this. I'm interested in your position and vision for the future on this "virtual stock". ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Edit:
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creativex (OP)
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July 25, 2013, 10:44:30 AM |
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I wrote those words last year to ensure that I didn't end up contractually tied to a losing venture forever. A lot has changed since then, but I still don't want to be tied to an endeavor who's potential growth is limited by events beyond my control. 6k in market cap has been wiped out since that conversation began and all that's changed at bASIC is our dividend(and growth fund) reached an all time high.
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