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Author Topic: [CLOSED] Hosted-Mining (revenue shares) / BTCT.co  (Read 15736 times)
bigdude
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August 21, 2013, 04:06:25 AM
 #201

5 million shares at .0028 = 14000 BTC
20,000 shares at .28 = 5600 BTC

With this new contract you propose to more than double the amount needed to be raised in the IPO when there is already next to no interest? Shouldnt you have gone the other way around?

We dont think so. We think there is interest but we did not allow enough room for movement.

Please stop deluding yourself.

After a multiple days you have yet to sell 10% of your IPO and you believe there is enough interest to fill an even larger IPO?

 

Yes, because we believe our price point was too high.

And how has your price point changed now?

You changed the share price from .28 to .0028 - then increased the number of shares 250x to 5million - trying to get 14000btc instead of 5600.

So, you believe your price point was too high ... so you made it higher?

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zif33rs (OP)
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August 21, 2013, 04:27:14 AM
 #202

It seems you all want me to just acquire the 10 TH and that it. The reasoning is sound..the plan has long term goals, the price per GH is cheaper than anyone else is offering for a guaranteed date.

What is the problem?  The total amount I would like to raise? Why is that an issue for you? I have explained the need and what I would like to do with it. Seems to make sense right?

New to bitcoin? Want to mine? Not sure where to start out?
Check out www.hostedmining.com
Donations and Tips  btc - 1MkjKHpZbSaRepeYaAcmRMcqt8o3HKQCF   ltc  - LNz48TP8MZmke38qbZD5gXi53KrktbJG7V  ftc  - 6iDt92cyDvxXkrDhCzMh4zEmK1b9PqShs4
FloatesMcgoates
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August 21, 2013, 04:54:09 AM
 #203

It seems you all want me to just acquire the 10 TH and that it. The reasoning is sound..the plan has long term goals, the price per GH is cheaper than anyone else is offering for a guaranteed date.

What is the problem?  The total amount I would like to raise? Why is that an issue for you? I have explained the need and what I would like to do with it. Seems to make sense right?

Avalon Batch 2's are 0.1829 BTC/Gh.
BFL Singles are 0.2165 BTC/Gh.

Your price per GH is absurdly high.

redbeans2012
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August 21, 2013, 05:01:38 AM
 #204

It seems you all want me to just acquire the 10 TH and that it. The reasoning is sound..the plan has long term goals, the price per GH is cheaper than anyone else is offering for a guaranteed date.

What is the problem?  The total amount I would like to raise? Why is that an issue for you? I have explained the need and what I would like to do with it. Seems to make sense right?

Avalon Batch 2's are 0.1829 BTC/Gh.
BFL Singles are 0.2165 BTC/Gh.

Your price per GH is absurdly high.



You can't get your hands on them this quickly though.
lklk1986fa
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August 21, 2013, 05:08:59 AM
 #205

I am in dude, make it happen. Cheesy
zif33rs (OP)
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August 21, 2013, 05:10:24 AM
Last edit: August 21, 2013, 05:20:58 AM by zif33rs
 #206

It seems you all want me to just acquire the 10 TH and that it. The reasoning is sound..the plan has long term goals, the price per GH is cheaper than anyone else is offering for a guaranteed date.

What is the problem?  The total amount I would like to raise? Why is that an issue for you? I have explained the need and what I would like to do with it. Seems to make sense right?

Avalon Batch 2's are 0.1829 BTC/Gh.
BFL Singles are 0.2165 BTC/Gh.

Your price per GH is absurdly high.




How long are you willing to wait? When and if you get any of those, that price point will be higher due to increased difficulty.

I am in dude, make it happen. Cheesy

Thank you.

New to bitcoin? Want to mine? Not sure where to start out?
Check out www.hostedmining.com
Donations and Tips  btc - 1MkjKHpZbSaRepeYaAcmRMcqt8o3HKQCF   ltc  - LNz48TP8MZmke38qbZD5gXi53KrktbJG7V  ftc  - 6iDt92cyDvxXkrDhCzMh4zEmK1b9PqShs4
redbeans2012
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August 21, 2013, 05:33:04 AM
 #207

I'm in lets see where it goes.
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August 21, 2013, 06:05:12 AM
 #208

Just saw the news/updated motion.... and um  Undecided

Well it just reeks of desperation and forced enthusiasm. I wish you luck regardless.

1H8gQ7KEN65pbdtusg28NQ33YWFBPgWAf1
zif33rs (OP)
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August 21, 2013, 06:12:46 AM
 #209

Just saw the news/updated motion.... and um  Undecided

Well it just reeks of desperation and forced enthusiasm. I wish you luck regardless.


reeks?    lol..I do need a shower.


Its not as desperate as it may seem. We have some more time..and the enthusiasm is completely real.

Thanks  Smiley


New to bitcoin? Want to mine? Not sure where to start out?
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Jeagle
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August 21, 2013, 07:08:48 AM
 #210

Could someon explain this to me please?

The current share price is 0.28 at btct.co. And now you are bringing in new shares, which cost 0.0028. What happens to the shares I bought at 0.28? Are they splitted up to 1/100th?

zif33rs (OP)
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August 21, 2013, 07:15:06 AM
 #211

Could someon explain this to me please?

The current share price is 0.28 at btct.co. And now you are bringing in new shares, which cost 0.0028. What happens to the shares I bought at 0.28? Are they splitted up to 1/100th?



Yes..if the motion that we submitted passes. When you log on to btct.co, there is message ribbon you can click on that will take you where you need to be to cast your vote.

New to bitcoin? Want to mine? Not sure where to start out?
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Jeagle
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August 21, 2013, 07:28:16 AM
 #212

Okay, this is a good idea, but maybe you should write within the news, that the current shares are splitted up. Or I am just to blind to find it  Undecided.
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August 21, 2013, 07:47:33 AM
 #213

Just noticed I voted abstain..... changed to approve, maybe it worth mention here that the share holder needs to vote  Undecided
zif33rs (OP)
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August 21, 2013, 07:54:17 AM
 #214

Just noticed I voted abstain..... changed to approve, maybe it worth mention here that the share holder needs to vote  Undecided


We have a week for the motion to pass anyway. I will be contacting burnside to see  how he wants to handle it. Things are still looking positive and we will have more to announce tomorrow.


Good night.

New to bitcoin? Want to mine? Not sure where to start out?
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yuansuyi
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August 21, 2013, 08:10:45 AM
 #215

God forbid me from doing IPO because my poor English and lack of  biz experience.

After seeing this one, maybe I should hire an English translator, and do an better one.

YOUR IPO IS TOTALLY A JOKE, WHAT THE HELL IT EVEN GOT APPROVED.

操,是个人就能IPO啊!
lklk1986fa
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August 21, 2013, 08:12:53 AM
 #216

We have a week for the motion to pass anyway. I will be contacting burnside to see  how he wants to handle it. Things are still looking positive and we will have more to announce tomorrow.

Good night.

Is it possible to find any "private investors" ? Or any kind of fund? Other securities all have those kind of BTC coming in so they can hit the IPO.
I think even we can get the 5TH deal done, and start hashing before the 30th, the dividends are still unbeatable. And the crowd will just jump in at that time.
hasher87
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August 21, 2013, 08:19:43 AM
 #217

i should make my own IPO using the xcrowd hosted mining service

https://www.xcrowd.co.uk/mining/store.html#!/~/product/category=6310342&id=27266068

ANYONE INTERESTED? XD

EDIT: just copy pasta the damn link  Grin
creativex
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August 21, 2013, 10:58:42 AM
 #218

It seems you all want me to just acquire the 10 TH and that it. The reasoning is sound..the plan has long term goals, the price per GH is cheaper than anyone else is offering for a guaranteed date.

What is the problem?  The total amount I would like to raise? Why is that an issue for you? I have explained the need and what I would like to do with it. Seems to make sense right?

Avalon Batch 2's are 0.1829 BTC/Gh.
BFL Singles are 0.2165 BTC/Gh.

Your price per GH is absurdly high.

How long are you willing to wait? When and if you get any of those, that price point will be higher due to increased difficulty.

This is incorrect. Price/Gh goes DOWN with difficulty increases, not up. You'd do well to learn more about how mining actually works before trying to raise $4,200,000 by reselling a mining contract. 

redbeans2012
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August 21, 2013, 11:09:16 AM
 #219

It seems you all want me to just acquire the 10 TH and that it. The reasoning is sound..the plan has long term goals, the price per GH is cheaper than anyone else is offering for a guaranteed date.

What is the problem?  The total amount I would like to raise? Why is that an issue for you? I have explained the need and what I would like to do with it. Seems to make sense right?

Avalon Batch 2's are 0.1829 BTC/Gh.
BFL Singles are 0.2165 BTC/Gh.

Your price per GH is absurdly high.

How long are you willing to wait? When and if you get any of those, that price point will be higher due to increased difficulty.

This is incorrect. Price/Gh goes DOWN with difficulty increases, not up. You'd do well to learn more about how mining actually works before trying to raise $4,200,000 by reselling a mining contract. 

I do t see how price per gh is effected by difficulty at all. The only thing difficulty will effect is how much btc you are getting back for you ghs
hasher87
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August 21, 2013, 12:41:40 PM
 #220

It seems you all want me to just acquire the 10 TH and that it. The reasoning is sound..the plan has long term goals, the price per GH is cheaper than anyone else is offering for a guaranteed date.

What is the problem?  The total amount I would like to raise? Why is that an issue for you? I have explained the need and what I would like to do with it. Seems to make sense right?

Avalon Batch 2's are 0.1829 BTC/Gh.
BFL Singles are 0.2165 BTC/Gh.

Your price per GH is absurdly high.

How long are you willing to wait? When and if you get any of those, that price point will be higher due to increased difficulty.

This is incorrect. Price/Gh goes DOWN with difficulty increases, not up. You'd do well to learn more about how mining actually works before trying to raise $4,200,000 by reselling a mining contract.  

I do t see how price per gh is effected by difficulty at all. The only thing difficulty will effect is how much btc you are getting back for you ghs
if the price/gh doesnt get decreasing, it's unlikely we'll see ROI at all due to increasing difficulty
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