|
kleeck
|
 |
October 23, 2013, 12:27:08 AM |
|
I'm pretty sure CoinTerra is in financial trouble. Have they taped out yet? Last I heard, a couple days ago, they still had not. Rumors abound that they have a $5M NRE that they're still trying to pay. Collecting money like this seems quite desperate, and I'm fairly certain that is why this looks so slapped together.
It's "plan B" AKA "Oh shit..."
|
|
|
|
HashFast_CL
Full Member
 Offline
Activity: 168
Merit: 100
HashFast Community Liaison
|
|
October 23, 2013, 01:08:09 AM |
|
I'm pretty sure CoinTerra is in financial trouble. Have they taped out yet? Last I heard, a couple days ago, they still had not. Rumors abound that they have a $5M NRE that they're still trying to pay. Collecting money like this seems quite desperate, and I'm fairly certain that is why this looks so slapped together.
It's "plan B" AKA "Oh shit..."
IMO the three most likely scenarios are 1. Cointerra is scrambling to raise the rest of the $5,000,000 NRE by making insane promises to greedy cretins. 2. Cointerra is scrambling to raise money to pay for fixing their botched mock tape-out (good RTL is very expensive). 3. Both 1 and 2. |
"Bitcoin enables ordinary people to fight back, to avoid and evade snooping governments, which enact, use and abuse laws that allow them, without due process, to investigate, tax, control and seize privately owned assets." - Leon Louw
“We can say without equivocation that firms like MasterCard, Visa and the TBTF banks like JPMorgan and Goldman hate the idea of ever having to compete for business again. They have grown comfortable in their corrupt world of writing laws for themselves without any regulatory oversight. They enjoy the exorbitant privilege of bilking the American economy with extortionary transaction rates. They are scared of Bitcoin. And they should be. It offers transparency, cost efficiency and anonymity.” - Max Kaiser
|
|
|
silvermario
Member
Offline
Activity: 96
Merit: 10
|
|
October 28, 2013, 12:15:55 PM |
|
I'm pretty sure CoinTerra is in financial trouble. Have they taped out yet? Last I heard, a couple days ago, they still had not. Rumors abound that they have a $5M NRE that they're still trying to pay. Collecting money like this seems quite desperate, and I'm fairly certain that is why this looks so slapped together.
It's "plan B" AKA "Oh shit..."
IMO the three most likely scenarios are 1. Cointerra is scrambling to raise the rest of the $5,000,000 NRE by making insane promises to greedy cretins. 2. Cointerra is scrambling to raise money to pay for fixing their botched mock tape-out (good RTL is very expensive). 3. Both 1 and 2. 4. None of the 2 + I'm a troll/FUDster who doesn't understand what ethic and fair competition meansFTFY |
|
|
|
|
|
jiefangqian
|
|
October 28, 2013, 01:02:47 PM |
|
wait
|
XBC:B7jR5zX8pBpyjyrcMMiYCQyLVLC6YZjFYh
|
|
|
iCEBREAKER
Legendary
Offline
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
|
|
October 28, 2013, 04:52:48 PM |
|
wait
No point in waiting now. Unless Cointerra completed taped-out earlier this month (and didn't tell us), their chips won't be done until January, which means the machines wont' ship until February. They probably put the chip into physical simulation, realized it didn't come close to their wishful thinking/ballpark estimate specs, and literally had to go back to the drawing board. |
██████████
██████████████████
██████████████████████
██████████████████████████
████████████████████████████
██████████████████████████████
████████████████████████████████
████████████████████████████████
██████████████████████████████████
██████████████████████████████████
██████████████████████████████████
██████████████████████████████████
██████████████████████████████████
████████████████████████████████
██████████████
██████████████
████████████████████████████
██████████████████████████
██████████████████████
██████████████████
██████████
Monero
|
| "The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." David Chaum 1996
"Fungibility provides privacy as a side effect." Adam Back 2014
|
| | |
|
|
|
|
kaerf
|
|
November 08, 2013, 05:25:35 PM |
|
|
|
|
|
|
|
kaerf
|
|
December 29, 2013, 06:25:25 PM |
|
|
|
|
|
|
|
MPOE-PR
|
|
January 15, 2014, 12:14:03 PM |
|
PicoStocks has received on offer to buy shares at a price of $2.35 per share. This is an excellent profit for the investment when accounted in USD. Shares where purchased 3 months ago at a price of $1.2176 per share. However this is a loss if accounted in BTC due to the rising BTC valuation against USD.
PicoStocks offers to buy back the shares from users at 0.0028 BTC per share. The buy order has been placed. All shares sold to Pico (1MrS3zrk3CYyckxZU9UXBop2TMASnFm6yD) will be delisted. Shares not sold to Pico will stay on the PicoStocks platform.
Oh look, more idiots dealing with the scam exchanges are "making ROI and then some" as the expression goes. Well done, schmucks! |
|
|
|
Bitdust
Newbie
Offline
Activity: 42
Merit: 0
|
|
January 15, 2014, 12:31:44 PM |
|
TL;DR: No point in providing "sufficient information" if people are willing to bid anyway - that's just extra work.
Bejesus. This deserves preservation for the inevitable Museum of BTC Idiocy. Amazing company?
<assbot> AMAZING COMPANY! |
|
|
|
|
Dexter770221
Legendary
Offline
Activity: 1029
Merit: 1000
|
|
January 15, 2014, 01:21:46 PM |
|
New report: https://picostocks.com/docs/index/31Get ready to loss almost 75% BTC  |
Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
|
|
|
|
kaerf
|
|
January 16, 2014, 03:16:35 AM |
|
Is the buy out offer from cointerra themselves?
|
|
|
|
|
silvermario
Member
Offline
Activity: 96
Merit: 10
|
|
February 05, 2014, 05:42:46 PM |
|
At first I thought it's really bad news, but after cooling down this buyback offer indicates that Cointerra is doing very good. They are selling their preorders continuously, have a finished product and started shipping. Ironically the fast spiking BTC/USD exchange rate is to be blamed. Cointerra issued private stocks to angel investors like picostocks and we bought them for BTC and they had to exchange those bitcoins for USD to finish the tapeout and produce miners. Cointerra customers paid for those miners also in USD so even the company has not profited from the BTC value rise they wanted to buy buck issued shares at 200% share value. If the BTC value hasn't risen so much in this short time span the share price would have been doubled by now. Disclaimer: i have cointerra shares worth 1 BTC |
|
|
|
|
itraxe
Sr. Member
Offline
Activity: 264
Merit: 252
alt coins trader/miner.
|
|
March 05, 2014, 04:17:07 PM |
|
Guys be ware
tytus
this guy a totally ripper
he fucked me for 1000$
have all logs and facts
where can i do blacklist for this ripper ?
|
|
|
|
|
|
pajak666
|
|
April 20, 2014, 09:39:30 AM |
|
any estimated date when we will receive any dividends from cointerra assets?
what is going on there?
|
|
|
|
|
|
|
|
kaerf
|
|
July 31, 2014, 05:41:52 PM |
|
any estimated date when we will receive any dividends from cointerra assets?
what is going on there?
There are NO expectation of dividends with this cryptostock (as stated to me by tytus in an email). It's day trading, real world IPO or bust. ...or there might be another buyout offer. |
|
|
|
|
Felipeo
Sr. Member
Offline
Activity: 476
Merit: 262
EOSABC
|
|
August 01, 2014, 09:31:52 AM |
|
any estimated date when we will receive any dividends from cointerra assets?
what is going on there?
...real world IPO Real world IPO gives real stock and dividends from it, and they should pay it out to investors at least once per year. |
|
|
|
|
