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[Lab_Rat]

I started on the list, got most of it done, but I don't want to put up a list that states "Haven't Received Verification" in a column where people may or may have not sent me an email already.  I'll finish it in the morning and post a link to it.

[1715601911]

1715601911

[1715601911]

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[1715601911]

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[Lab_Rat]

Please do not make private sales and/or transfers on BitFunder as they've been alerted to pull LRM from BitFunder.  I am not pulling a further list from the site.

[bittymitty]

It's the 3rd week into October and still no hardware or order placed. Compared to whatever prices were agreed to for an early October order placement, an eventual order will need to be reduced big time. Or find a new supplier.

I'm not sure where you're getting your news from, but what exactly do you think went down at the meeting between Dave and I?

I understand I haven't been the most vocal about everything, but please don't make assumptions.  Order was placed in person with Dave and hardware should be rolling in this week or first thing next week in large quantities.

now orders have been placed can you give us some numbers like how many gh/s we should expect? 

[||bit]

It's the 3rd week into October and still no hardware or order placed. Compared to whatever prices were agreed to for an early October order placement, an eventual order will need to be reduced big time. Or find a new supplier.

I'm not sure where you're getting your news from, but what exactly do you think went down at the meeting between Dave and I?

I understand I haven't been the most vocal about everything, but please don't make assumptions.  Order was placed in person with Dave and hardware should be rolling in this week or first thing next week in large quantities.

Seems I made a mistake - sorry. I thought your lunch was reported just as a serendipitous lunch meetup. Also, I recalled (perhaps incorrectly) that you indicated no orders were placed a few days back. But I looked and apparently overlooked or forgot one of your more relevant comments.

Anyway, the the bulk of the comment, about hardware prices, was more of the point. It probably wouldn't matter much at all if the order was delayed for even a month from now, as long as the future purchase price of hardware canceled out any subsequent difficulty increase.

[VinceSamios]

the BFL forums used to be the primary place for LRM information... and more often than not info was posted on the BFL forum and not on BTCTalk.... can you please switch to BTCTalk permanently (as you appear to have done) and announce this as the place for all future news. Really frustrating and confusing trying to work out where to look.

[bigdude]

the BFL forums used to be the primary place for LRM information... and more often than not info was posted on the BFL forum and not on BTCTalk.... can you please switch to BTCTalk permanently (as you appear to have done) and announce this as the place for all future news. Really frustrating and confusing trying to work out where to look.

+100

[fran2k]

I'm selling 130 shares cheap if anyone is interested.

I would like to know how we are going to trade the shares now.

[grnbrg]

I'm selling 130 shares cheap if anyone is interested.

I would like to know how we are going to trade the shares now.

I'm still working out the details with @Lab_Rat, but the short version is going to be that both parties will need to send an email to LR or myself, signed with the BTC address associated with the LRM shares outlining the transaction.  "I want to buy 50 shares from <address> for XXXXBTC" "I want to sell 50 shares to <address> for XXXXBTC".   I will provide a BTC address and will receive the funds from the buyer, and transmit them to the seller, less a 0.5% fee.  (Minimum fee of 0.025 BTC.)  Once I have received the payment I will update the master spreadsheet of bonds to reflect the requested sale.

The above may change slightly.  And @Lab_Rat needs to set up the spreadsheet yet.  But that's the idea.



grnbrg.

[pascal257]

I'm selling 130 shares cheap if anyone is interested.

I would like to know how we are going to trade the shares now.

I'm still working out the details with @Lab_Rat, but the short version is going to be that both parties will need to send an email to LR or myself, signed with the BTC address associated with the LRM shares outlining the transaction.  "I want to buy 50 shares from <address> for XXXXBTC" "I want to sell 50 shares to <address> for XXXXBTC".   I will provide a BTC address and will receive the funds from the buyer, and transmit them to the seller, less a 0.5% fee.  (Minimum fee of 0.025 BTC.)  Once I have received the payment I will update the master spreadsheet of bonds to reflect the requested sale.

The above may change slightly.  And @Lab_Rat needs to set up the spreadsheet yet.  But that's the idea.



grnbrg.

And why would you do the escrow?

[VinceSamios]

I'm selling 130 shares cheap if anyone is interested.

I would like to know how we are going to trade the shares now.

I'm still working out the details with @Lab_Rat, but the short version is going to be that both parties will need to send an email to LR or myself, signed with the BTC address associated with the LRM shares outlining the transaction.  "I want to buy 50 shares from <address> for XXXXBTC" "I want to sell 50 shares to <address> for XXXXBTC".   I will provide a BTC address and will receive the funds from the buyer, and transmit them to the seller, less a 0.5% fee.  (Minimum fee of 0.025 BTC.)  Once I have received the payment I will update the master spreadsheet of bonds to reflect the requested sale.

The above may change slightly.  And @Lab_Rat needs to set up the spreadsheet yet.  But that's the idea.



grnbrg.

And why would you do the escrow?

Theres no point doing an escrow, if you see the money change hand's the deal is done. Public ledger for the win.

[CumpsD]

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

[kaneda2004]

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

It's my hope that someone steps forward to assist with creating a reasonably automated exchange for LabRat. Do it

[maqifrnswa]

I'm selling 130 shares cheap if anyone is interested.

I would like to know how we are going to trade the shares now.

I'm still working out the details with @Lab_Rat, but the short version is going to be that both parties will need to send an email to LR or myself, signed with the BTC address associated with the LRM shares outlining the transaction.  "I want to buy 50 shares from <address> for XXXXBTC" "I want to sell 50 shares to <address> for XXXXBTC".   I will provide a BTC address and will receive the funds from the buyer, and transmit them to the seller, less a 0.5% fee.  (Minimum fee of 0.025 BTC.)  Once I have received the payment I will update the master spreadsheet of bonds to reflect the requested sale.

The above may change slightly.  And @Lab_Rat needs to set up the spreadsheet yet.  But that's the idea.



grnbrg.

And why would you do the escrow?

Theres no point doing an escrow, if you see the money change hand's the deal is done. Public ledger for the win.

see nastyfans.org
https://www.nastyfans.org/about (read the section on selling and buying)
It does what grnbrg is suggesting with no fees (besides bitcoin transaction fees).

1) I post I want to sell shares and my BTC address
2) someone clicks they want to buy my shares. My shares are put on hold and the buyer is given my BTC address
3) The buyer has 7 blocks to send money or the shares are released
4) The website monitors the blockchain to see if the BTC addressed received payment. When it is confirmed 6 times, reassign the shares to the buyer.

This is a business deal, perhaps you can buy the code from nonnakip.

[fran2k]

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 0.025BTC min fee seems quite much.

Besides that, hope there's a solution working soon.

[Doff]

I'm selling 130 shares cheap if anyone is interested.

I would like to know how we are going to trade the shares now.

I'm still working out the details with @Lab_Rat, but the short version is going to be that both parties will need to send an email to LR or myself, signed with the BTC address associated with the LRM shares outlining the transaction.  "I want to buy 50 shares from <address> for XXXXBTC" "I want to sell 50 shares to <address> for XXXXBTC".   I will provide a BTC address and will receive the funds from the buyer, and transmit them to the seller, less a 0.5% fee.  (Minimum fee of 0.025 BTC.)  Once I have received the payment I will update the master spreadsheet of bonds to reflect the requested sale.

The above may change slightly.  And @Lab_Rat needs to set up the spreadsheet yet.  But that's the idea.



grnbrg.

Min fee of .025 after all this bs that was out of the shareholders control.. sigh. It makes it really tough to buy a few shares at a time when your not bringing in tons of BTC.

[SimonBelmond]

I'm selling 130 shares cheap if anyone is interested.

I would like to know how we are going to trade the shares now.

Generally interessted. Depends what cheap means for you... PM me your price or post here. Maybe someone else might pay more then I am willing to pay.

Edit:Guys the fees are for the manual update of the list. I don't think anyone is getting rich on those. I agree that an exchange through a platform would be great but we are just not there yet.

[ipxtreme]

the BFL forums used to be the primary place for LRM information... and more often than not info was posted on the BFL forum and not on BTCTalk.... can you please switch to BTCTalk permanently (as you appear to have done) and announce this as the place for all future news. Really frustrating and confusing trying to work out where to look.

+100!

[Bargraphics]

the BFL forums used to be the primary place for LRM information... and more often than not info was posted on the BFL forum and not on BTCTalk.... can you please switch to BTCTalk permanently (as you appear to have done) and announce this as the place for all future news. Really frustrating and confusing trying to work out where to look.

+100!

I demand my LRM information to be written out in the sky, in big letters, by at least 2-3 planes, while raining down confetti.

Anything less is unacceptable!

[mmmerlin]

I'm selling 130 shares cheap if anyone is interested.

I would like to know how we are going to trade the shares now.

Also interested, depending on price. PM with what you had in mind and perhaps we can work from there...

[fran2k]

I'm selling 130 shares cheap if anyone is interested.

I would like to know how we are going to trade the shares now.

Also interested, depending on price. PM with what you had in mind and perhaps we can work from there...

130 @ 0.085 BTC each, which is near the last price at BF.