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Pompobit
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July 29, 2013, 10:37:52 PM |
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Why has the share-count increased on BTCT.co today?
It's at 3069481, and was previously at about 2950000.
That's roughly 120k new shares sold today.
previously, when? |
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VolanicEruptor
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July 29, 2013, 10:42:11 PM |
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Guys, the 120,000 shares were mine. I made a deal with Ken. Because he is so busy, I paid him a VERY high premium to have my shares transferred from BF to BTCT. The premium went directly to the company. I advise everyone with less than 120,000 shares not to do this, as the price was very high and wouldn't be worth it for most shareholders. I paid him $5000, which went directly to the company.
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ThickAsThieves
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July 29, 2013, 10:43:47 PM |
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Why has the share-count increased on BTCT.co today?
It's at 3069481, and was previously at about 2950000.
That's roughly 120k new shares sold today.
previously, when? Less than 24hrs ago. |
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afrotec
Full Member
 Offline
Activity: 127
Merit: 100
Coinnoisseur
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July 29, 2013, 10:44:05 PM |
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"To the company"
What does this mean exactly?
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ArcticWolf
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July 29, 2013, 10:44:43 PM |
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Guys, the 120,000 shares were mine. I made a deal with Ken. Because he is so busy, I paid him a VERY high premium to have my shares transferred from BF to BTCT. The premium went directly to the company. I advise everyone with less than 120,000 shares not to do this, as the price was very high and wouldn't be worth it for most shareholders. I paid him $5000, which went directly to the company.
Thank you for the explanation VE |
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VolanicEruptor
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July 29, 2013, 10:44:55 PM |
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"To the company"
What does this mean exactly?
It will be considered profit either used to cover expenses or paid out in div.. |
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Mausini
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July 29, 2013, 10:45:29 PM |
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"investors" throwing 10 million usd at this? seriously?  has everbody gone nuts or am i missing something??? 10 million usd just for some promisses??? this is fucking crazy. i love it. can someone explain? |
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VolanicEruptor
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July 29, 2013, 10:46:27 PM |
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"investors" throwing 10 million usd at this? seriously? has everbody gone nuts or am i missing something??? 10 million usd just for some promisses??? this is fucking crazy. i love it. can someone explain? Welcome to the Bitcoin industry. We are not in a recession.. |
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afrotec
Full Member
Offline
Activity: 127
Merit: 100
Coinnoisseur
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July 29, 2013, 10:49:20 PM |
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"To the company"
What does this mean exactly?
It will be considered profit either used to cover expenses or paid out in div.. Hm.. okay. But I'm not sure I like that though. The spread between exchanges was so large today, that's a potential $20-30k profit. I, too, would like the privilege of transferring between exchanges. I'm sure we all wouldn't mind paying the company a high percentage fee for such abilities. But that's not an option that was offered to us, was it? |
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bohdan87
Newbie
Offline
Activity: 11
Merit: 0
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July 29, 2013, 10:49:54 PM |
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Not in a recession alright, but governments and banks tend to really dislike BTC. Anyone read the news today? Thailand officially banned all Bitcoin transactions. Not a good sign...
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mannybitcoins
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July 29, 2013, 10:51:08 PM |
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"To the company"
What does this mean exactly?
It will be considered profit either used to cover expenses or paid out in div.. Hm.. okay. But I'm not sure I like that though. The spread between exchanges was so large today, that's a potential $20-30k profit. I, too, would like the privilege of transferring between exchanges. I'm sure we all wouldn't mind paying the company a high percentage fee for such abilities. But that's not an option that was offered to us, was it? I guess no one ever asked? Are you considering it? |
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knybe
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July 29, 2013, 10:51:40 PM |
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"To the company"
What does this mean exactly?
It will be considered profit either used to cover expenses or paid out in div.. Hm.. okay. But I'm not sure I like that though. The spread between exchanges was so large today, that's a potential $20-30k profit. I, too, would like the privilege of transferring between exchanges. I'm sure we all wouldn't mind paying the company a high percentage fee for such abilities. But that's not an option that was offered to us, was it? Just stop. |
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ArcticWolf
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July 29, 2013, 10:52:24 PM |
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Not in a recession alright, but governments and banks tend to really dislike BTC. Anyone read the news today? Thailand officially banned all Bitcoin transactions. Not a good sign...
Only because there are no laws covering it, and only until such time as they make laws to cover it. I dont see it as a bad sign at all. |
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sebastienurbain
Member
Offline
Activity: 81
Merit: 10
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July 29, 2013, 10:52:37 PM |
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Sold a couple of shares at .009 on BTC-TC and now I'm transfering my BTCs to Bitfunder... Let's see if I can get some cheap shares. How long does manual withdrawing usually takes?
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VolanicEruptor
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July 29, 2013, 10:53:30 PM |
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"To the company"
What does this mean exactly?
It will be considered profit either used to cover expenses or paid out in div.. Hm.. okay. But I'm not sure I like that though. The spread between exchanges was so large today, that's a potential $20-30k profit. I, too, would like the privilege of transferring between exchanges. I'm sure we all wouldn't mind paying the company a high percentage fee for such abilities. But that's not an option that was offered to us, was it? You WILL be able to transfer between exchanges for FREE once the dust settles and Ken isn't so busy. I paid the premium to have it done NOW. I'm sure most shareholders would appreciate that Ken did this for me, as you guys just made $5000 off me. |
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Streets 2.0
Full Member
Offline
Activity: 490
Merit: 101
FRX: Ferocious Alpha
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July 29, 2013, 10:54:43 PM |
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Guys, the 120,000 shares were mine. I made a deal with Ken. Because he is so busy, I paid him a VERY high premium to have my shares transferred from BF to BTCT. The premium went directly to the company. I advise everyone with less than 120,000 shares not to do this, as the price was very high and wouldn't be worth it for most shareholders. I paid him $5000, which went directly to the company.
I did get immediately on the horn and called Kens office. I was transferred to his cell and asked what was going on with this 120k dump. It was explained to me that a serious investor had made a deal to him in fiat to transfer those over to Btct. I guess now as we see that was Volcanic. When talking to him I could tell he was on the road (can hear the wind), and asked where he was headed to, while apologizing for calling after hours. He had told me he was on the road to meet with the engineering firm. I had asked how many hours were left in the drive and he stated 4-5 hours. |
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Kuroth
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July 29, 2013, 10:55:03 PM |
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Sold a couple of shares at .009 on BTC-TC and now I'm transfering my BTCs to Bitfunder... Let's see if I can get some cheap shares. How long does manual withdrawing usually takes?
17.4 Business days.. |
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Mausini
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July 29, 2013, 10:55:10 PM |
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"investors" throwing 10 million usd at this? seriously? has everbody gone nuts or am i missing something??? 10 million usd just for some promisses??? this is fucking crazy. i love it. can someone explain? Welcome to the Bitcoin industry. We are not in a recession..  point taken... but seriously. what's the deal here? if it's just what i read in the ipo terms, people have to be insane to invest these amounts of money. INSANE! |
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zumzero
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July 29, 2013, 10:56:26 PM |
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"To the company"
What does this mean exactly?
It will be considered profit either used to cover expenses or paid out in div.. Hm.. okay. But I'm not sure I like that though. The spread between exchanges was so large today, that's a potential $20-30k profit. I, too, would like the privilege of transferring between exchanges. I'm sure we all wouldn't mind paying the company a high percentage fee for such abilities. But that's not an option that was offered to us, was it? You WILL be able to transfer between exchanges for FREE once the dust settles and Ken isn't so busy. I paid the premium to have it done NOW. I'm sure most shareholders would appreciate that Ken did this for me, as you guys just made $5000 off me. Unless you gain some sort of anonimity, perhaps more than that will be made of you. Merely advice. You have exposed yourself. |
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Streets 2.0
Full Member
Offline
Activity: 490
Merit: 101
FRX: Ferocious Alpha
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July 29, 2013, 10:57:15 PM |
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"To the company"
What does this mean exactly?
It will be considered profit either used to cover expenses or paid out in div.. Hm.. okay. But I'm not sure I like that though. The spread between exchanges was so large today, that's a potential $20-30k profit. I, too, would like the privilege of transferring between exchanges. I'm sure we all wouldn't mind paying the company a high percentage fee for such abilities. But that's not an option that was offered to us, was it? Will you pay a $5k USD premium? I guess that is what VE paid.. I don't have that kind of outward cash to arb |
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