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Author Topic: [AMC]-The Official Active Mining Cooperative Discussion  (Read 223286 times)
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mpr20rt
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June 04, 2013, 06:40:10 AM
 #581

Any news regarding reimbursement for long term shareholders who purchased shares above 0.0005 before the 28th?

Yes

I'd like to thank eduffield and the other developers for this critically important evolution in virtual currency. DarkCoin is what bitcoin should have been. Some might call it "Bitcoin 2.0" but would do better by saying: "DarkCoin is digital cash."  -  Child Harold - February 28, 2014
https://bitcointalk.org/index.php?topic=421615.msg5424980#msg5424980
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June 04, 2013, 08:10:21 AM
 #582

Any news regarding reimbursement for long term shareholders who purchased shares above 0.0005 before the 28th?

Yes, please see below:


Quote from: kslaughter on June 02, 2013, 10:18:34 PM
Now that our First Batch of Early Adopter shares has sold out we are waiting for the Avalon machines to come in and start producing revenue.  We will then start paying dividends to our Investors after the first week of mining with the Avalon's.  Due to the fact that shares were selling with good demand at the .0008 price level, before Ukto of Bitfunder.Com forced us to reduce the price to a bargain level, we will only be releasing shares in batch 2 at no less than .0008 BTC.

Also, we are implementing our Investors Protection Program (IPP) for those Investors who purchased shares higher than .0005 after May 28, 2013 04:59 CDT and on or before May 31, 2013 14:59 CDT.  IPP will reimburse our Long Term Investors the difference between the price they purchased their shares at, and the price of our shares on August 31, 2013 at 00:01 CDT or .0005 whichever is higher, only if the share price is below .0008 BTC on August 31, 2013 at 00:01 CDT.  The Investor must still own the shares to be reimbursed.  This program is being implemented due to Bitfunder.Com forcing us to price our shares at .0005, without due cause.  Of course we will strive in the coming months to raise the share price and add shareholder value to the shares our Investors hold. 

Update:

The group after May 28, 2013 04:59 CDT and before May 31, 15:59 CDT are add to the above group.
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June 04, 2013, 08:49:25 AM
 #583

Any news regarding reimbursement for long term shareholders who purchased shares above 0.0005 before the 28th?

Yes, please see below:


Quote from: kslaughter on June 02, 2013, 10:18:34 PM
SNIP

I think he meant how the program will be implemented. Do investors have to opt in, or is it automatic, when will this program be implemented, is this being done by bitfunder or AMC?
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June 04, 2013, 11:15:43 AM
 #584

Did some more updating on the spreadsheet, accounting for around 7 blocks/hour due to the always increasing network hashrate (lagging difficulty), and around BTC50/day from transaction fees: https://docs.google.com/spreadsheet/ccc?key=0Ap8MGY67MGwNdE5rRGUtd1hzTE1CVUR3WnZsME02QXc
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June 04, 2013, 03:42:31 PM
 #585

Ken, have you considered purchasing any Bitfury 120's from Metabank?
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June 04, 2013, 04:06:26 PM
 #586

Ken, have you considered purchasing any Bitfury 120's from Metabank?

Yes, However I am concerned about getting the units out of Russia.
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June 04, 2013, 05:14:53 PM
 #587

Here are the Transaction IDs for the 2 Orders of Avalon chips.

51c441dd02c7743800e17c8cdc53c3af26a543da9cf2e989754950b7251ef907

1ba8f144d6dcc4c07dc89b8a4a4112e2d83e619f26f9f7426c65c09c1d8a90c7

Here is an image of the shopping cart showing the chips ordered from TSMC.

Please note that the 4,500 BTC for the machines is really $4,500.

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June 04, 2013, 05:28:05 PM
 #588

Here are the Transaction IDs for the 2 Orders of Avalon chips.

51c441dd02c7743800e17c8cdc53c3af26a543da9cf2e989754950b7251ef907

1ba8f144d6dcc4c07dc89b8a4a4112e2d83e619f26f9f7426c65c09c1d8a90c7

Awesome news!  That should give the jackals something to chew on for a while.   Cool

Please find some way to smooth things over with Ukyo.  Conflict and negativity look bad and might hurt the stock price! 


██████████
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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
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Is Dash a scam?
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June 04, 2013, 08:55:32 PM
 #589

Here are the Transaction IDs for the 2 Orders of Avalon chips.

51c441dd02c7743800e17c8cdc53c3af26a543da9cf2e989754950b7251ef907

1ba8f144d6dcc4c07dc89b8a4a4112e2d83e619f26f9f7426c65c09c1d8a90c7

Awesome news!  That should give the jackals something to chew on for a while.   Cool

Please find some way to smooth things over with Ukyo.  Conflict and negativity look bad and might hurt the stock price! 

Things are good with Ukyo.  Had a Skype conversation last Friday.
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June 04, 2013, 10:48:01 PM
 #590

Here are the Transaction IDs for the 2 Orders of Avalon chips.

51c441dd02c7743800e17c8cdc53c3af26a543da9cf2e989754950b7251ef907

1ba8f144d6dcc4c07dc89b8a4a4112e2d83e619f26f9f7426c65c09c1d8a90c7

Awesome news!  That should give the jackals something to chew on for a while.   Cool

Please find some way to smooth things over with Ukyo.  Conflict and negativity look bad and might hurt the stock price!  

Gonna make it even easier for them! Grin

28th May
https://blockchain.info/tx/1ba8f144d6dcc4c07dc89b8a4a4112e2d83e619f26f9f7426c65c09c1d8a90c7

1st June
https://blockchain.info/tx/51c441dd02c7743800e17c8cdc53c3af26a543da9cf2e989754950b7251ef907

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June 05, 2013, 02:33:31 AM
 #591

Random, but slightly related, question regarding weexchange.co. Has anyone else had a problem signing up with this website? Every time I receive a verification email from them and click on the link, I'm taken to a new page where it says 'the code you have entered is invalid', and it won't verify my account. Since bitfunder seems to be the only way to purchase these shares, that's a bit annoying... Anyone else had this?
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June 05, 2013, 02:52:00 AM
 #592

Random, but slightly related, question regarding weexchange.co. Has anyone else had a problem signing up with this website? Every time I receive a verification email from them and click on the link, I'm taken to a new page where it says 'the code you have entered is invalid', and it won't verify my account. Since bitfunder seems to be the only way to purchase these shares, that's a bit annoying... Anyone else had this?
You're verified once you click the link (even though it says that you are not)
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June 05, 2013, 03:03:22 AM
 #593

Oh wow, that worked! Jeez, it's not a great design! Thanks for the help Smiley
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June 05, 2013, 05:04:45 AM
 #594

Do investors have to opt in, or is it automatic, when will this program be implemented, is this being done by bitfunder or AMC?

Kslaughter, can you answer the questions which were asked a few posts earlier, or at least provide a link to where we can find the information?
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June 05, 2013, 11:51:18 AM
 #595

Do investors have to opt in, or is it automatic, when will this program be implemented, is this being done by bitfunder or AMC?

Kslaughter, can you answer the questions which were asked a few posts earlier, or at least provide a link to where we can find the information?

This is being done by AMC, for our Investors.  No action on the part of our Investors is required at this time.
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June 05, 2013, 12:52:03 PM
 #596

First 3 Avalon's order # 1245 are on their way:

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June 05, 2013, 12:57:59 PM
 #597

Nice job Ken!
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June 05, 2013, 12:58:17 PM
 #598

Woohoo

Know what's happening in cryptoworld: www.coinschedule.com
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June 05, 2013, 01:07:15 PM
 #599

Great, could not wait for the first dividend. Grin

Donation:    18zXsfnSvGjQFJ6pEiKMg2uWGcxUCfJLzu
Mastercoin - A new protocol layer built on top of Bitcoin
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June 05, 2013, 02:03:34 PM
 #600

Good to hear the news.
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