[ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]

[damiano]

Ken does not have a legal leg to stand on if he took Ukyo's shares by force. That's called stealing.

If someone owes you money and you have something of theirs, you can retain possession of that item (or whatever). Lien, Look it up. Obtaining after the fact is stealing, but if you hold the item before hand and are owed money then its fine.

It is my understanding that a lien is typically agreed upon by both parties within their agreement. In the cases where it isn't there can be a legal lien applied but it is upheld by a court and the items held by the lean cannot be sold, but are held until payment is rendered. My understanding, in this scenario, is that Ken seized Ukyo's shares without any legal backing, called it a lien, and now is acting as if he owns the shares. As I'm fairly certain no lien was written into the Bitfunder listing agreement, and I know it isn't written into the contract between ActM and its shareholders, I would assume that Ken is exercising it as a matter of law, and that, in my opinion,  is where everything false apart. What state's law is imposed? Is it a federal law that grants the ability to implement a lien against a shareholder? I highly doubt it. "

As stated before, we have to individuals highly involved in illegal securities. Imposing legal action just doesn't quite work here, in my opinion. All that said, I won't continue to drudge up the Ukyo v Slaughter case here as I'm sure people are growing weary of it.

Happy New Year, guys!

If I choose not to pay my HOA dues you can bet the HOA will put a lien against my house after 6 months.  If I choose not to pay taxes on my home LA county will do the same without warning

[kleeck]

Ken does not have a legal leg to stand on if he took Ukyo's shares by force. That's called stealing.

If someone owes you money and you have something of theirs, you can retain possession of that item (or whatever). Lien, Look it up. Obtaining after the fact is stealing, but if you hold the item before hand and are owed money then its fine.

It is my understanding that a lien is typically agreed upon by both parties within their agreement. In the cases where it isn't there can be a legal lien applied but it is upheld by a court and the items held by the lean cannot be sold, but are held until payment is rendered. My understanding, in this scenario, is that Ken seized Ukyo's shares without any legal backing, called it a lien, and now is acting as if he owns the shares. As I'm fairly certain no lien was written into the Bitfunder listing agreement, and I know it isn't written into the contract between ActM and its shareholders, I would assume that Ken is exercising it as a matter of law, and that, in my opinion,  is where everything false apart. What state's law is imposed? Is it a federal law that grants the ability to implement a lien against a shareholder? I highly doubt it. "

As stated before, we have two individuals highly involved in illegal securities. Imposing legal action just doesn't quite work here, in my opinion. All that said, I won't continue to drudge up the Ukyo v Slaughter case here as I'm sure people are growing weary of it.

Happy New Year, guys!

If I choose not to pay my HOA dues you can bet the HOA will put a lien against my house after 6 months.  If I choose not to pay taxes on my home LA county will do the same without warning

Yes. You are referring to an "assessment lien" which is an automatic lien that is optioned once you sign into the HOA. So you agree to it when you join the HOA. Your state/county handling of the lien in the case of delinquent property taxes is a regional law, as well. Who's regional law takes precedent in the Ukyo v Slaughter lien? I really don't think there is a good parallel for this scenario in the "legal world". (Oops! I talked about this nonsense again! Sorry!!)

[VinceSamios]

Ken does not have a legal leg to stand on if he took Ukyo's shares by force. That's called stealing.

If someone owes you money and you have something of theirs, you can retain possession of that item (or whatever). Lien, Look it up. Obtaining after the fact is stealing, but if you hold the item before hand and are owed money then its fine.

It is my understanding that a lien is typically agreed upon by both parties within their agreement. In the cases where it isn't there can be a legal lien applied but it is upheld by a court and the items held by the lean cannot be sold, but are held until payment is rendered. My understanding, in this scenario, is that Ken seized Ukyo's shares without any legal backing, called it a lien, and now is acting as if he owns the shares. As I'm fairly certain no lien was written into the Bitfunder listing agreement, and I know it isn't written into the contract between ActM and its shareholders, I would assume that Ken is exercising it as a matter of law, and that, in my opinion,  is where everything false apart. What state's law is imposed? Is it a federal law that grants the ability to implement a lien against a shareholder? I highly doubt it. "

As stated before, we have to individuals highly involved in illegal securities. Imposing legal action just doesn't quite work here, in my opinion. All that said, I won't continue to drudge up the Ukyo v Slaughter case here as I'm sure people are growing weary of it.

Happy New Year, guys!

In UK law anyway a lein has to be removed through contract, not added through contract.

[JimmyJazz]

Fuck the law. Lets get this shit on the road.

[Vigil]

Fuck the law. Lets get this shit on the road.

Seriously, this convo about the shares is about as boring as all fuck. Lets do more speculation.

[theBishop]

I asked operator of Eligius pool wizkid057 if he could post confirmation that top miner in his pool is not ActM. He did so on Hashfast thread on 29th Dec because they were also excited it may be them.  He has activity today so has had opportunity to settle this once and for all however has not.  Maybe not proof it is ActM but if it was ActM he would not post here. Also top miner in Eligius makes more in 24 hours than Okyo owes Mr Slaughter.

[Vigil]

I asked operator of Eligius pool wizkid057 if he could post confirmation that top miner in his pool is not ActM. He did so on Hashfast thread on 29th Dec because they were also excited it may be them.  He has activity today so has had opportunity to settle this once and for all however has not.  Maybe not proof it is ActM but if it was ActM he would not post here. Also top miner in Eligius makes more in 24 hours than Okyo owes Mr Slaughter.

It is ActM (or Ken "secretly mining on his own" as some suggest - I don't think that, BTW) - there isn't any other explanation for it. It is likely not a customer because they are limited to two base-stations per customer - the operation on Eligius requires 10 base stations.

[knybe]

could it be this?

Mining for Bitcoins in Iceland

[TrumpTower]

My order has arrived.  Will post the unboxing video ASAP.  Exciting!

http://s21.postimg.org/pyt60tcwn/Capture.png

This is what $2.5 mil worth of VMC gear looks like

http://s17.postimg.org/b9fi259pb/Capture.png

[Vigil]

could it be this?

Mining for Bitcoins in Iceland

No, because each of the miners at Eligius is hashing at 24.5 TH. Unless that mining operation in the article bought Fast-Hash Platinum One fully-loaded units.

[Vigil]

"OK, guys, set it next to the old wooden crates..."

My order has arrived.  Will post the unboxing video ASAP.  Exciting!



This is what $2.5 mil worth of VMC gear looks like

[mannybitcoins]

My order has arrived.  Will post the unboxing video ASAP.  Exciting!



This is what $2.5 mil worth of VMC gear looks like

Can you post the invoice PDF?

[Ozymandias]

I [really] want to believe

[damiano]

Oh crumbsy

[knybe]

My order has arrived.  Will post the unboxing video ASAP.  Exciting!



This is what $2.5 mil worth of VMC gear looks like

crumbshit strikes again.



EDIT: what's really entertaining is this guy's most likely thinner, has more hair and is better looking than crumbs.

[Ozymandias]

Ah well, easy come easy go;

Though if it was crumbs, props, you did get me excited. 2-3 weeks after shares are tradeable I'll send you enough for a beer or two (posted from the Trump account of course). Happy new years guys!

[theBishop]

Could still be Ark of the Covenant so maybe not all is lost.

Someone please explain would 24TH miners be using 16Gh chips before over clocked to 20Gh and before using Intelihash?  Maybe 'low volume' chips used for Eligius hardware and next batch more powerful?

[TrumpTower]

Oh noes!  The dreaded google rightclick->Search Google foils my fiendish plan

You cursed brat! Look what you've done!
Who would have thought a good little girl like you could destroy my beautiful wickedness?

Edit: 

Happy New Year!
http://s28.postimg.org/qv54glezx/keny.gif

[Vigil]

Lots of downtime for fully-tested miners which were shipped to end-users:



vs.

[CanadianGuy]

the gossiping power of anonymous mining...
brilliant