VinceSamios
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May 12, 2014, 03:39:48 PM |
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I'm officially out of this mess. I have requested that LRM burn my shares and no longer pay anything to my wallets. Thank god I tested the waters (put a small amount in to be able to watch) before putting the rest of hardware budget into it.
Those who lost larger amounts have my sympathy. Feel free to contact me if you need help with anymore of this. I got away with minimal loss and after consideration realize, it's just not worth the time.
These shares are worthless to me. G' luck peeps. . .peace out. Not worth my time.
TLDR: wah wah wah tantrum wah
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xuyongpku
Newbie
Offline
Activity: 22
Merit: 0
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May 12, 2014, 03:46:03 PM |
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Can someone generate a list of Dividends paid per share (old/new/whatever just specify) that have been paid since the over-payment in January?
DISCLAIMER: I suck at math. Date Dividend/Share25-Jan-2014 Overpayment day 01-Feb-2014 0.00040567 08-Feb-2014 0.00043432 15-Feb-2014 0.00043547 22-Feb-2014 0.00024280 01-Mar-2014 0.00036032 08-Mar-2014 0.00025698 Contract Split If Bonds hadn't split15-Mar-2014 0.00009648 0.00028944 22-Mar-2014 0.00008908 0.00026725 29-Mar-2014 0.00007614 0.00022843 05-Apr-2014 0.00007495 0.00022486 12-Apr-2014 0.00005861 0.00017583 19-Apr-2014 0.00005671 0.00017012 26-Apr-2014 0.00004973 0.00014920 03-May-2014 0.00004359 0.00013076 Accepted New Contract10-May-2014 0.00066619 0.00199856 (~15.28x increase over the week before) why is my dividend only 0.00012653 BTC per bond this week?
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ICantThinkOfaName
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May 12, 2014, 04:05:13 PM |
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Can someone generate a list of Dividends paid per share (old/new/whatever just specify) that have been paid since the over-payment in January?
DISCLAIMER: I suck at math. Date Dividend/Share25-Jan-2014 Overpayment day 01-Feb-2014 0.00040567 08-Feb-2014 0.00043432 15-Feb-2014 0.00043547 22-Feb-2014 0.00024280 01-Mar-2014 0.00036032 08-Mar-2014 0.00025698 Contract Split If Bonds hadn't split15-Mar-2014 0.00009648 0.00028944 22-Mar-2014 0.00008908 0.00026725 29-Mar-2014 0.00007614 0.00022843 05-Apr-2014 0.00007495 0.00022486 12-Apr-2014 0.00005861 0.00017583 19-Apr-2014 0.00005671 0.00017012 26-Apr-2014 0.00004973 0.00014920 03-May-2014 0.00004359 0.00013076 Accepted New Contract10-May-2014 0.00066619 0.00199856 (~15.28x increase over the week before) why is my dividend only 0.00012653 BTC per bond this week? Did you email Lab Rat to accept the new contract before May 10th?
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well.attenuated
Newbie
Offline
Activity: 41
Merit: 0
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May 12, 2014, 05:06:56 PM |
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Can someone generate a list of Dividends paid per share (old/new/whatever just specify) that have been paid since the over-payment in January?
DISCLAIMER: I suck at math. Date Dividend/Share25-Jan-2014 Overpayment day 01-Feb-2014 0.00040567 08-Feb-2014 0.00043432 15-Feb-2014 0.00043547 22-Feb-2014 0.00024280 01-Mar-2014 0.00036032 08-Mar-2014 0.00025698 Contract Split If Bonds hadn't split15-Mar-2014 0.00009648 0.00028944 22-Mar-2014 0.00008908 0.00026725 29-Mar-2014 0.00007614 0.00022843 05-Apr-2014 0.00007495 0.00022486 12-Apr-2014 0.00005861 0.00017583 19-Apr-2014 0.00005671 0.00017012 26-Apr-2014 0.00004973 0.00014920 03-May-2014 0.00004359 0.00013076 Accepted New Contract10-May-2014 0.00066619 0.00199856 (~15.28x increase over the week before) Awesome, thanks
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runam0k
Legendary
Offline
Activity: 1092
Merit: 1001
Touchdown
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May 12, 2014, 05:53:13 PM |
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We need an exchange...
LabRat, put that on Cryptostock or Havelock...for god sake... We need trading our...<put random name here>.
I know Bitfunder was a pretty bad story...but trading on a forum post is just a pain :/
Colored Coins is about to start/open/become a thing.
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Endlessa
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May 12, 2014, 06:42:50 PM |
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I'm officially out of this mess. I have requested that LRM burn my shares and no longer pay anything to my wallets. Thank god I tested the waters (put a small amount in to be able to watch) before putting the rest of hardware budget into it.
Those who lost larger amounts have my sympathy. Feel free to contact me if you need help with anymore of this. I got away with minimal loss and after consideration realize, it's just not worth the time.
These shares are worthless to me. G' luck peeps. . .peace out. Not worth my time.
TLDR: wah wah wah tantrum wah OMG the ball-less wonder takes another cheap shot on my way out. . . that's so unexpected. One last Dear Diary: Dear Diary, Today Vince Samios, yes THE Vince Samios of Viral/Social Marketing Fame!, expressed some very elegantly worded disdain for me. I was crushed and I think I might end it all. . . . or NOT.
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grnbrg
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May 12, 2014, 07:09:08 PM |
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I'm officially out of this mess. I have requested that LRM burn my shares and no longer pay anything to my wallets. Thank god I tested the waters (put a small amount in to be able to watch) before putting the rest of hardware budget into it.
Those who lost larger amounts have my sympathy. Feel free to contact me if you need help with anymore of this. I got away with minimal loss and after consideration realize, it's just not worth the time.
These shares are worthless to me. G' luck peeps. . .peace out. Not worth my time.
TLDR: wah wah wah tantrum wah OMG the ball-less wonder takes another cheap shot on my way out. . . that's so unexpected. One last Dear Diary: Dear Diary, Today Vince Samios, yes THE Vince Samios of Viral/Social Marketing Fame!, expressed some very elegantly worded disdain for me. I was crushed and I think I might end it all. . . . or NOT. Endlessa -- Sorry to see you go. May you have better luck in other endeavours. grnbrg.
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Endlessa
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May 12, 2014, 08:19:46 PM |
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I'm officially out of this mess. I have requested that LRM burn my shares and no longer pay anything to my wallets. Thank god I tested the waters (put a small amount in to be able to watch) before putting the rest of hardware budget into it.
Those who lost larger amounts have my sympathy. Feel free to contact me if you need help with anymore of this. I got away with minimal loss and after consideration realize, it's just not worth the time.
These shares are worthless to me. G' luck peeps. . .peace out. Not worth my time.
TLDR: wah wah wah tantrum wah OMG the ball-less wonder takes another cheap shot on my way out. . . that's so unexpected. One last Dear Diary: Dear Diary, Today Vince Samios, yes THE Vince Samios of Viral/Social Marketing Fame!, expressed some very elegantly worded disdain for me. I was crushed and I think I might end it all. . . . or NOT. Endlessa -- Sorry to see you go. May you have better luck in other endeavours. grnbrg. Hey, I have no hard feelings to you (even when we might not see eye to eye) It's been a long road, I said my piece directly to LR in email. It's best I walk away, cool off, and move on. For the sake of people,some of whom I consider friends, I hope it works out well and is made whole. For me, I just got a new PC in the mail after blowing the caps on my old one. I'll unbox it and by the time I've assembled it into it's case, I'll have forgotten all about this. Hehe best of luck
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MWNinja
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May 13, 2014, 06:28:15 AM |
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I've been thinking about this and I think Zach totally is trying to do the right thing by all of us. I'm trusting he didn't go buy a Ferrari with our money, and that we now have substantial hashrate and even more on the way. I just really wish there were more transparency. It's really not *that* hard to have a transparent operation.
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Mindsync Miner
Member
Offline
Activity: 69
Merit: 10
An independent miner.
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May 13, 2014, 07:09:07 AM |
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I've been thinking about this and I think Zach totally is trying to do the right thing by all of us. I'm trusting he didn't go buy a Ferrari with our money, and that we now have substantial hashrate and even more on the way. I just really wish there were more transparency. It's really not *that* hard to have a transparent operation.
Correct. Up until now the supposition has been that LR was gagged by his legal counsel so he couldn't disclose certain things or make promises outside the bindings of the contract. Now that the new contract is in effect are we going to get some clear communication from LR? Please just chime in to let us know info is coming if you're not ready yet. Many here have put our trust in you Labby. The bonus was appreciated but it's hard to tell what's going on. The vacuum of information just fans the fear and speculation. Our contracts have nearly zero sale value until there's clarity. Please offer transparency or if not tell us why you're unable to offer it.
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You'll know me as dgiors in some other forums. LTC: LWUQSovF76vTPoCnoH9NzfChX6dxQ6Qra7 BTC: 1MQLfiKA5A6goEiSwMdVyVvFw4YgCj489V
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ICantThinkOfaName
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May 13, 2014, 04:29:51 PM |
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So it sounds like we're only getting an exchange if we set it up ourselves. I'm thinking colored coins is probably the best way to go about it. Thoughts?
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Flashman
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May 13, 2014, 04:40:52 PM |
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Bear in mind, exchange of any type = publicly traded, and LRM don't want that.
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TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6
Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins.
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ICantThinkOfaName
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May 13, 2014, 04:52:07 PM |
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Bear in mind, exchange of any type = publicly traded, and LRM don't want that.
How public is public though? This forum is public and shares/bonds/contracts are trading here already. Edit: LR has also indicated someone was working on an exchange at some point, so he's not totally against the idea.
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maqifrnswa
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May 13, 2014, 05:58:05 PM |
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Bear in mind, exchange of any type = publicly traded, and LRM don't want that.
How public is public though? This forum is public and shares/bonds/contracts are trading here already. Edit: LR has also indicated someone was working on an exchange at some point, so he's not totally against the idea. From what I've pieced together, the contracts now look "legal" (although very difficult to valuate) and are clean. He's legally allowed to sell them to anyone. Once you own them, they are your property and you can sell them to someone else (within some limits so you don't draw attention to yourself as selling unregistered securities). However, running something that is an exchange (centralized place where people can trade contracts) requires more regulations. He doesn't want to get involved with that. Whether it's public or not doesn't matter, any centralized market is a regulatory liability for the operator. That's why it appears his lawyer is ok with someone else setting it up an exchange in a permissive jurisdiction. There is some regulatory liability placed on participants in the market, especially if you are a large holder of shares (selling unregistered securities), but that is kind of a stretch and might not be worth anyone from the SEC's time to look into. Two things LRM contracts need, in order to have any value in the future, are a working exchange and enough information for people to value how much shares are really worth. Well, in theory, LRM only needs to have a way of accurately assigning value to shares (since that will allow direct, one-time, sales), the exchange is icing and will increase the value of the direct, one-time sales.
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LostDutchman
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May 13, 2014, 06:10:30 PM |
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Bear in mind, exchange of any type = publicly traded, and LRM don't want that.
How public is public though? This forum is public and shares/bonds/contracts are trading here already. Edit: LR has also indicated someone was working on an exchange at some point, so he's not totally against the idea. From what I've pieced together, the contracts now look "legal" (although very difficult to valuate) and are clean. He's legally allowed to sell them to anyone. Once you own them, they are your property and you can sell them to someone else (within some limits so you don't draw attention to yourself as selling unregistered securities). However, running something that is an exchange (centralized place where people can trade contracts) requires more regulations. He doesn't want to get involved with that. Whether it's public or not doesn't matter, any centralized market is a regulatory liability for the operator. That's why it appears his lawyer is ok with someone else setting it up an exchange in a permissive jurisdiction. There is some regulatory liability placed on participants in the market, especially if you are a large holder of shares (selling unregistered securities), but that is kind of a stretch and might not be worth anyone from the SEC's time to look into. Two things LRM contracts need, in order to have any value in the future, are a working exchange and enough information for people to value how much shares are really worth. Well, in theory, LRM only needs to have a way of accurately assigning value to shares (since that will allow direct, one-time, sales), the exchange is icing and will increase the value of the direct, one-time sales. " Once you own them, they are your property and you can sell them to someone else (within some limits so you don't draw attention to yourself as selling unregistered securities)." Are Lab_Rat's contracts "registered" with anyone? I don't think so, so what difference would it make what you do with your own property?
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maqifrnswa
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May 13, 2014, 06:55:47 PM |
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Bear in mind, exchange of any type = publicly traded, and LRM don't want that.
How public is public though? This forum is public and shares/bonds/contracts are trading here already. Edit: LR has also indicated someone was working on an exchange at some point, so he's not totally against the idea. From what I've pieced together, the contracts now look "legal" (although very difficult to valuate) and are clean. He's legally allowed to sell them to anyone. Once you own them, they are your property and you can sell them to someone else (within some limits so you don't draw attention to yourself as selling unregistered securities). However, running something that is an exchange (centralized place where people can trade contracts) requires more regulations. He doesn't want to get involved with that. Whether it's public or not doesn't matter, any centralized market is a regulatory liability for the operator. That's why it appears his lawyer is ok with someone else setting it up an exchange in a permissive jurisdiction. There is some regulatory liability placed on participants in the market, especially if you are a large holder of shares (selling unregistered securities), but that is kind of a stretch and might not be worth anyone from the SEC's time to look into. Two things LRM contracts need, in order to have any value in the future, are a working exchange and enough information for people to value how much shares are really worth. Well, in theory, LRM only needs to have a way of accurately assigning value to shares (since that will allow direct, one-time, sales), the exchange is icing and will increase the value of the direct, one-time sales. " Once you own them, they are your property and you can sell them to someone else (within some limits so you don't draw attention to yourself as selling unregistered securities)." Are Lab_Rat's contracts "registered" with anyone? I don't think so, so what difference would it make what you do with your own property? Because it becomes really close to being a security: The term ‘‘security’’ means any note, stock, treasury stock, security future, security-based swap, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of de- posit for a security, fractional undivided interest in oil, gas, or other mineral rights, any put, call, straddle, option, or privilege on any security, certificate of deposit, or group or index of secu- rities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign cur- rency, or, in general, any interest or instrument commonly known as a ‘‘security’’, or any certificate of interest or partici- pation in, temporary or interim certificate for, receipt for, guar- antee of, or warrant or right to subscribe to or purchase, any of the foregoing. - you start to push a gray area between a hardware contract and a security (as a profit sharing agreement). You are not free to sell securities however you'd like, even though they are your property.
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LostDutchman
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May 13, 2014, 07:37:42 PM |
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Bear in mind, exchange of any type = publicly traded, and LRM don't want that.
How public is public though? This forum is public and shares/bonds/contracts are trading here already. Edit: LR has also indicated someone was working on an exchange at some point, so he's not totally against the idea. From what I've pieced together, the contracts now look "legal" (although very difficult to valuate) and are clean. He's legally allowed to sell them to anyone. Once you own them, they are your property and you can sell them to someone else (within some limits so you don't draw attention to yourself as selling unregistered securities). However, running something that is an exchange (centralized place where people can trade contracts) requires more regulations. He doesn't want to get involved with that. Whether it's public or not doesn't matter, any centralized market is a regulatory liability for the operator. That's why it appears his lawyer is ok with someone else setting it up an exchange in a permissive jurisdiction. There is some regulatory liability placed on participants in the market, especially if you are a large holder of shares (selling unregistered securities), but that is kind of a stretch and might not be worth anyone from the SEC's time to look into. Two things LRM contracts need, in order to have any value in the future, are a working exchange and enough information for people to value how much shares are really worth. Well, in theory, LRM only needs to have a way of accurately assigning value to shares (since that will allow direct, one-time, sales), the exchange is icing and will increase the value of the direct, one-time sales. " Once you own them, they are your property and you can sell them to someone else (within some limits so you don't draw attention to yourself as selling unregistered securities)." Are Lab_Rat's contracts "registered" with anyone? I don't think so, so what difference would it make what you do with your own property? Because it becomes really close to being a security: The term ‘‘security’’ means any note, stock, treasury stock, security future, security-based swap, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of de- posit for a security, fractional undivided interest in oil, gas, or other mineral rights, any put, call, straddle, option, or privilege on any security, certificate of deposit, or group or index of secu- rities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign cur- rency, or, in general, any interest or instrument commonly known as a ‘‘security’’, or any certificate of interest or partici- pation in, temporary or interim certificate for, receipt for, guar- antee of, or warrant or right to subscribe to or purchase, any of the foregoing. - you start to push a gray area between a hardware contract and a security (as a profit sharing agreement). You are not free to sell securities however you'd like, even though they are your property. Thank you for your post and I could not have said it better myself! I was hoping someone like you would come in with almost exactly what you posted because if I had, I would get pilloried. You are 100% spot on! Those selling "contracts", "securities", "bonds" and simialr stuff are soon to have very rude awakenings I think as the goernment continues its War On Bitcoin!
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PoUpA
Member
Offline
Activity: 93
Merit: 10
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May 14, 2014, 06:03:14 AM |
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you forget your 2 cents !
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LostDutchman
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May 14, 2014, 01:20:14 PM |
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you forget your 2 cents !
No I didn't. I got tired of "certain" people whining about my little clsoing tag and screwing up threads just because they had found an excuse to do so, so I dropped it. Freaking whiners, anyway!
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grnbrg
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May 14, 2014, 01:29:58 PM |
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you forget your 2 cents !
No I didn't. I got tired of "certain" people whining about my little clsoing tag and screwing up threads just because they had found an excuse to do so, so I dropped it. Freaking whiners, anyway! lol Oh, the drama. :popcorn: grnbrg. (Who also hand-types his closing tag on every message. )
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