runam0k
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Touchdown
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September 23, 2013, 11:13:22 AM |
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What time do TheSwede and Labcoin usually come online?
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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abuelau
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September 23, 2013, 11:15:22 AM |
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What time do TheSwede and Labcoin usually come online?
Actually let me piggy back on your question and ask this: Who said that Sam (or whoever is using the Labcoin account) is in China?? It seems much more likely they are somewhere in Europe given their account timezone and the times they come online, no? |
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Puppet
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Activity: 980
Merit: 1040
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September 23, 2013, 11:16:29 AM |
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What time do TheSwede and Labcoin usually come online?
Actually let me piggy back on your question and ask this: Who said that Sam (or whoever is using the Labcoin account) is in China?? It seems much more likely they are somewhere in Europe given their account timezone and the times they come online, no? Let me guess, no one even knows their real names and addresses? |
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Ukyo
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September 23, 2013, 11:17:30 AM |
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C. Let's hope BF doesn't shut down. I have put far more $$ into lawyers to make sure it is legalized than BF has ever potentially earned in profits.
Can you point me to somewhere where I can find out more about this, what you have done and why think BF would not be violating security trade legistlation ? Not sure what you would like to see other than posts of me stating I have 3 lawfirms around the world that I am working with to try my best to make sure BitFunder is safe and to get government sponsorship / licensing. |
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BitThink
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Activity: 882
Merit: 1000
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September 23, 2013, 11:17:57 AM |
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There's only 325 BTC in the bid side and only 326K shares in the ask side. Not many of us can leave without blooding anyway. We should united together to handle this issue.
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Ytterbium
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September 23, 2013, 11:20:16 AM |
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What time do TheSwede and Labcoin usually come online?
They're on all the time, but usually don't post much. They really need a response to this. Although dealing with the warning on BTCT.co is hardly a big issue anymore  |
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Ytterbium
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September 23, 2013, 11:21:14 AM |
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There's only 325 BTC in the bid side and only 326K shares in the ask side. Not many of us can leave without blooding anyway. We should united together to handle this issue.
We should form a labcoin bagholders shareholders association  |
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BitThink
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Activity: 882
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September 23, 2013, 11:22:03 AM |
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What time do TheSwede and Labcoin usually come online?
They're on all the time, but usually don't post much. They really need a response to this. Although dealing with the warning on BTCT.co is hardly a big issue anymore Now it seems your panic selling saved you a lot.  Wish you haven't bought much back after that. |
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runam0k
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Activity: 1092
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Touchdown
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September 23, 2013, 11:23:04 AM |
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Come on guys, if there's one security that demands absolute (blind) faith in its management, it's Labcoin. No need to start panicking now. |
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Puppet
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September 23, 2013, 11:23:25 AM |
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Not sure what you would like to see other than posts of me stating I have 3 lawfirms around the world that I am working with to try my best to make sure BitFunder is safe
Well, the US securities act seems pretty clear cut to me, that all those "shares" are unregistered securities. How does working with lawfirms change that, or are they telling you something else? get government sponsorship / licensing.  |
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BitCsByBit
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September 23, 2013, 11:23:41 AM |
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It is disappointing that burside didn't lock the trading until all asset issuers respond to their share holders to prevent any panic selling.
Too late now.
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Tipsy jar: 1HgfLMXiJQj9KZ7abLRh9rWuR7dgeSyub4
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bitwhizz
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September 23, 2013, 11:26:55 AM |
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If labcoin wern't hashing i would expect the stock to be worth 0.0000000001
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Ukyo
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September 23, 2013, 11:27:02 AM |
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Not sure what you would like to see other than posts of me stating I have 3 lawfirms around the world that I am working with to try my best to make sure BitFunder is safe
Well, the US securities act seems pretty clear cut to me, that all those "shares" are unregistered securities. How does working with lawfirms change that, or are they telling you something else? get government sponsorship / licensing. You seem to have some knowledge of US Securities legal structure. You probably noticed that not all assets pass the standard Howey test first of all. Then there are many many other factors involved just regarding the US. Not concerned with any other countries laws? I certainly am! Where did your legal experience originate from again? Sorry, I do not keep track of all of the users on the forums. |
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kleeck
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September 23, 2013, 11:27:39 AM |
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It is disappointing that burside didn't lock the trading until all asset issuers respond to their share holders to prevent any panic selling.
Too late now.
It's very likely he did not have that luxury. |
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BitThink
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Activity: 882
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September 23, 2013, 11:28:14 AM |
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There's only 325 BTC in the bid side and only 326K shares in the ask side. Not many of us can leave without blooding anyway. We should united together to handle this issue.
We should form a labcoin bagholders shareholders association Agree. But we cannot do much without 'labcoin'. |
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BitCsByBit
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September 23, 2013, 11:31:26 AM |
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It is disappointing that burside didn't lock the trading until all asset issuers respond to their share holders to prevent any panic selling.
Too late now.
It's very likely he did not have that luxury. He locked all stocks and cleared the order books. He should have kept it locked until asset issuers respond to their shareholders. |
Tipsy jar: 1HgfLMXiJQj9KZ7abLRh9rWuR7dgeSyub4
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BitThink
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September 23, 2013, 11:33:16 AM |
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It is disappointing that burside didn't lock the trading until all asset issuers respond to their share holders to prevent any panic selling.
Too late now.
How about think in this way. If you believe the asset issuer's response can help stabilising the price, now actually is the chance to get some cheap shares. If you think the response will make us desperate, then now it is the last chance to leave when others still have hope. Therefore, anyway unlocking trading actually gives us a choice depends on how much we trust the issuer, right? |
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Puppet
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September 23, 2013, 11:35:00 AM |
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You seem to have some knowledge of US Securities legal structure. Not really, beyond reading the relevant act and following the pirate case. IANAL. You probably noticed that not all assets pass the standard Howey test first of all. Id say most, if not all of them do. And it only takes one to give you serious problems. Then there are many many other factors involved just regarding the US I have no doubt. Thats why I am curious to hear what makes you or your lawyers think you would or could be in compliance and what is different between GLSBE, BTCT and bitfunder. Its a serious question. |
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kleeck
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September 23, 2013, 11:35:50 AM |
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It is disappointing that burside didn't lock the trading until all asset issuers respond to their share holders to prevent any panic selling.
Too late now.
It's very likely he did not have that luxury. He locked all stocks and cleared the order books. He should have kept it locked until asset issuers respond to their shareholders. Oh, right, that isn't a logistical nightmare. He'd be waiting a long time due to Labcoin alone. |
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BitCsByBit
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September 23, 2013, 11:41:03 AM |
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It is disappointing that burside didn't lock the trading until all asset issuers respond to their share holders to prevent any panic selling.
Too late now.
It's very likely he did not have that luxury. He locked all stocks and cleared the order books. He should have kept it locked until asset issuers respond to their shareholders. Oh, right, that isn't a logistical nightmare. He'd be waiting a long time due to Labcoin alone. He could unlock each asset when he gets a response from the asset issuer. I'm sure it wouldn't be that hard. |
Tipsy jar: 1HgfLMXiJQj9KZ7abLRh9rWuR7dgeSyub4
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