[BTC-TC] BitVPS

[moderate]

In regard to what has been going on over the past two months(Income statements included):

https://www.bitvps.com/update.txt

What is the unit used in the income report ? Bitcoins, us dollars, cheese cakes, bubble gums, or what ? Why is money being spent on server software, and what software is that ?

[MilkyLep]

In regard to what has been going on over the past two months(Income statements included):

https://www.bitvps.com/update.txt

What is the unit used in the income report ? Bitcoins, us dollars, cheese cakes, bubble gums, or what ? Why is money being spent on server software, and what software is that ?

As thankful as I am for the report and arjj popping into the thread, I agree some more details are needed. This may be a side project for the remaining members continuing the efforts but we're all here to help, just let us know what you need.

[Findus]

Hello,

I don't understand this:

We currently require several share holders to verify their payout addresses. We currently have about 130 share holders and 30 without proper payout addresses listed. These users who've not yet properly confirmed their payout addresses will be contacted via a separate email and asked to sign a message with the Bitcoin client with their desired payout address.

My public address on BTCT.co was a proper address I do control. So do I have to sign a message? I didn't get any email.

Thanks

[Peter Lambert]

Hello,

I don't understand this:

We currently require several share holders to verify their payout addresses. We currently have about 130 share holders and 30 without proper payout addresses listed. These users who've not yet properly confirmed their payout addresses will be contacted via a separate email and asked to sign a message with the Bitcoin client with their desired payout address.

My public address on BTCT.co was a proper address I do control. So do I have to sign a message? I didn't get any email.

Thanks

It means if you do not have a payout address they will send you an email to get one. If your payout address was set before BTCT shut down then you will not receive an email. So if you don't get an email it means you had things set up right.

[arij]

In regard to what has been going on over the past two months(Income statements included):

https://www.bitvps.com/update.txt

What is the unit used in the income report ? Bitcoins, us dollars, cheese cakes, bubble gums, or what ? Why is money being spent on server software, and what software is that ?

The income report was in USD.

Here is what was purchased over the last two months:
https://www.bitvps.com/septoctexpenses.txt

If you have any other questions please ask. 

[Lohoris]

If you have any other questions please ask. 

I have one.

In August there were 16 BTC in reserve, are they still there, or did they have to be converted to USD?

[arij]

We did convert all reserves from August to USD to make purchases and for regular expenses.

[arij]

Dividends for November 2013 have been paid out. A total of 3.55 BTC was paid out amongst 1,000,000 shares.

For share holders with 25 shares or less, dividends could not be paid out because of the small transaction size. We will hold onto these dividends until they accrue and we are able to meet the minimum and send the transaction.

November statement will be ready soon.

[MilkyLep]

Awesome great to hear! Any chance you can post the tx id here?
 Would you say the upgrades from the past couple months have been useful in expanding the business or is it still too early to tell?

[starsoccer9]

Ant idea when we can have bitvps listed somewhere?

[Lohoris]

Ant idea when we can have bitvps listed somewhere?

There's a new exchange about to be launched, and Deprived should be among the founders unless I'm mistaken. That would be a good choice.
Or, ASICMINER supposedly should launch some sort of colored-coin exchange, though details are vague at best, so I wouldn't hold my breath for that.

[killerstorm]

Or, ASICMINER supposedly should launch some sort of colored-coin exchange, though details are vague at best, so I wouldn't hold my breath for that.

ASICMINER's exchange isn't related to colored coins, it is just an automated "direct shares" kind of thing with escrowed trading.

ActiveMining, however, stated that they want to use colored coins when it will be available.

[arij]

The financial statement for the month of November has been published and is located here:
https://docs.google.com/spreadsheet/ccc?key=0An6qwdlD-DbCdHktZUgtSDRMRGhLMEdfNnZJM2h6RlE&usp=sharing

In regard to finding an exchange to be listed on we are still seeking options. We are currently trying to get in touch with Havelock again since I believe they are accepting new listings at this time.

Best,
James

[chalbersma]

The financial statement for the month of November has been published and is located here:
https://docs.google.com/spreadsheet/ccc?key=0An6qwdlD-DbCdHktZUgtSDRMRGhLMEdfNnZJM2h6RlE&usp=sharing

In regard to finding an exchange to be listed on we are still seeking options. We are currently trying to get in touch with Havelock again since I believe they are accepting new listings at this time.

Best,
James

Thanks!

[n00bwastaken]

Hey Guys,

I had given up on bitvps, until I did a search and found this thread.

Reading through the thread, it appears that shareholders with less than 25 shares have to wait till the dividends accrue to a sizable amount sufficient to justify the fees. Guess I'll have to wait.

Also, have you guys considered crypto-trade as an exchange? I own a bit of shares of that exchange. It is small but I think is a growing exchange.

[starsoccer9]

Hey Guys,

I had given up on bitvps, until I did a search and found this thread.

Reading through the thread, it appears that shareholders with less than 25 shares have to wait till the dividends accrue to a sizable amount sufficient to justify the fees. Guess I'll have to wait.

Also, have you guys considered crypto-trade as an exchange? I own a bit of shares of that exchange. It is small but I think is a growing exchange.

I have reccomend them to use havelock,cryptostocks and even rocktrading, arij told me that havelock was the only one he liked and he would look into it. This was about a month ago tho.

[chalbersma]

Hey Guys,

I had given up on bitvps, until I did a search and found this thread.

Reading through the thread, it appears that shareholders with less than 25 shares have to wait till the dividends accrue to a sizable amount sufficient to justify the fees. Guess I'll have to wait.

Also, have you guys considered crypto-trade as an exchange? I own a bit of shares of that exchange. It is small but I think is a growing exchange.

I have reccomend them to use havelock,cryptostocks and even rocktrading, arij told me that havelock was the only one he liked and he would look into it. This was about a month ago tho.

Arij what's your opinion on colored coins and open transactions?

[MilkyLep]

May I inquire how the end of '13 treated BitVPS? Have you had any spare time to play around with killerstorms' ChromaWallet?

[killerstorm]

Have you had any spare time to play around with killerstorms' ChromaWallet?

ChromaWallet isn't ready for a prime time yet, but in a couple of weeks it might be...

I'll be glad to help with evaluation/migration when it is ready.

[Rick_1983]

Happy new year everyone
any news?