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Author Topic: [Havelock] Bitcoin Difficulty Derivative (BDD)  (Read 290218 times)
twentyseventy (OP)
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February 21, 2015, 05:14:33 PM
 #941

Well obviously the site is currently down; will be checking periodically. When it's back up, I'll make sure the back-dividends are issued and issue the reports here.
bubbaj
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February 23, 2015, 07:41:51 AM
 #942

Counting the days for Havelock to collapse. Only a matter of time...

Have we done anything to you specifically that would make you wish for our site to be shutdown, collapse?

Yep your site has been down for 3 days and my 10 BTC is in the abyss, how about a friggin update
twentyseventy (OP)
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February 23, 2015, 02:10:22 PM
 #943

Counting the days for Havelock to collapse. Only a matter of time...

Have we done anything to you specifically that would make you wish for our site to be shutdown, collapse?

Yep your site has been down for 3 days and my 10 BTC is in the abyss, how about a friggin update

From their thread; hope it happens-

The site should be back up today - Monday!
NotLambchop
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February 25, 2015, 06:29:24 PM
 #944

Hey Matt, is Havelock holding your money, or are you?  Because:
...
The current schedule for the site to be back on line is for Monday March 2nd, 2015.
...
JasherEnoch
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February 25, 2015, 07:42:44 PM
 #945

Hey Havelock the site has been down since last Friday and today is now Wednesday....just how soon is soonish....because that is not an answer. We need a real time please. Not just vague.
NotLambchop
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February 25, 2015, 07:53:03 PM
 #946

Hey Havelock the site has been down since last Friday and today is now Wednesday....just how soon is soonish....because that is not an answer. We need a real time please. Not just vague.

Click on the post I quoted, above yours.  "The current schedule for the site to be back on line is for Monday March 2nd, 2015."
bubbaj
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March 01, 2015, 05:37:33 AM
 #947

All I want to know is if I will get my dividends back paid. Also is this a scam if so please just say so. That way we can all move on with another loss from another scam site. This is getting beyond a joke. Only 1 or 2 sites left that I would trust now
junkonator
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March 01, 2015, 12:49:36 PM
 #948

Only 1 or 2 sites left that I would trust now
Which ones?
sAt0sHiFanClub
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March 01, 2015, 02:01:22 PM
 #949

Only 1 or 2 sites left that I would trust now
Which ones?

I was going to ask the same question!! This looks really bad for the bitcoin world: this level of - at best, incompetence, or at worst, outright deceit and theft.

The sad thing is that I genuinely believe that there are opportunities for people to build real value businesses in this sphere. Just seems that the short term 'cut and run' guys are getting in first.

Is this going to be up and running tomorrow?  15 years of IT experience says its unlikely.

We must make money worse as a commodity if we wish to make it better as a medium of exchange
bubbaj
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March 01, 2015, 04:22:19 PM
 #950

Only 1 or 2 sites left that I would trust now
Which ones?
The only 2 I now trust are hashnest owned by on of the 2 large manufactures bitmain, and the guys at get hashing, both are transparent and have proof of mining or in the get hashing case (sold out at the moment) proof of other income.
jimmothy
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March 01, 2015, 06:15:06 PM
Last edit: March 01, 2015, 08:09:50 PM by jimmothy
 #951

Only 1 or 2 sites left that I would trust now
Which ones?
The only 2 I now trust are hashnest owned by on of the 2 large manufactures bitmain, and the guys at get hashing, both are transparent and have proof of mining or in the get hashing case (sold out at the moment) proof of other income.

Lol @ trusting gethashing. What a joke that scheme is.

All it is is a group of anonymous/unqualified people (who were just scammed by JG) reselling Bitmain cloudmining to the uninformed with a ~30% markup on upfront cost and maintenence fees.
twentyseventy (OP)
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March 01, 2015, 08:06:27 PM
 #952

All I want to know is if I will get my dividends back paid. Also is this a scam if so please just say so. That way we can all move on with another loss from another scam site. This is getting beyond a joke. Only 1 or 2 sites left that I would trust now

Yes, back dividends will definitely be paid if/when the site is back up. I have no reason to believe that it won't come back up, but there are no guarantees in life. I've been in contact with Havelock via email and they've reiterated what's been said here by them.

Once full access is reenabled, I'll just need to go in and verify that the already scheduled dividends, which seem to have gone out, were already actually paid out. At that time, I'll do a lump-dividend for the interim dates that weren't pre-scheduled and everything will be back on track.

I'm waiting for the site to get back up like everyone else. It's been said before, but it bears repeating: Havelock holds all funds in escrow for BDD, so BDD lives and dies along with Havelock. I organized it this way because of the way that DMS ended up - with Deprived disappearing with the funds in his custody; I wanted to offer what I considered decreased counter-party risk and also not have to be responsible for securing between 100 and 1000 BTC.

Everything with BDD is above-board, I'm just waiting to get back on and get everything going again. I'm losing money each day that the site is down as well.
danrachita
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March 01, 2015, 08:43:35 PM
 #953

Sir twentyseventy please explain if i understand well this part :

,,All Fund Held In Escrow by Havelock
Havelock Investments will hold all funds in escrow. The Manager CANNOT withdraw funds from the Manager account to an external BTC address, nor should he need to in any case, except for closure of the Exchange.''

I understand in case of closure of exchange in this case Havelock if will hapend and we hope will not,you must be able to manage BDD funds and even you can,if shareholders agree by voting to move operation to another platform with all funds.
I think was normal from the begining funds to be operated only with your agreement like Manager of fund and Havelock agreement both same time and never just by one part.
Thank you.
BR.
twentyseventy (OP)
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March 01, 2015, 10:05:44 PM
 #954

Sir twentyseventy please explain if i understand well this part :

,,All Fund Held In Escrow by Havelock
Havelock Investments will hold all funds in escrow. The Manager CANNOT withdraw funds from the Manager account to an external BTC address, nor should he need to in any case, except for closure of the Exchange.''

I understand in case of closure of exchange in this case Havelock if will hapend and we hope will not,you must be able to manage BDD funds and even you can,if shareholders agree by voting to move operation to another platform with all funds.
I think was normal from the begining funds to be operated only with your agreement like Manager of fund and Havelock agreement both same time and never just by one part.
Thank you.
BR.

I believe that there are two main scenarios here:
1. Havelock reopens and all funds are intact
2. Havelock closes and all funds are gone into the ether (less likely in my opinion)

I believe that Havelock closing but redeeming all deposits is extremely unlikely. It's most likely going to be one of the other scenarios above. If if does come down to this last scenario, I will happily look for alternate exchanges or platforms that will accommodate BDD.
JasherEnoch
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March 02, 2015, 09:53:37 PM
 #955

Havelock is re-open and all funds are in tact. Was wondering when we are going to get our back pay of dividends? Thank you.
galdur
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March 02, 2015, 10:08:06 PM
 #956

Yep, everything squared there in my account.

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March 02, 2015, 10:13:20 PM
 #957

Yep, everything squared there in my account.


Same.. but going to have to wait 2 days to do withdraws Sad

Think we'll get our missing ~ 10 days of dividends between now and then?


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bubbaj
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March 02, 2015, 10:27:29 PM
 #958

Happy Days, Havelock on line now just for the Balance of B Mine to be paid and we are back and running. Well done to Havelock
galdur
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March 02, 2015, 10:46:33 PM
 #959

Yep, everything squared there in my account.


Same.. but going to have to wait 2 days to do withdraws Sad

Think we'll get our missing ~ 10 days of dividends between now and then?


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Just before it went down someone came rushing in and bought up all my B.Mine so nothing there.

JasherEnoch
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March 02, 2015, 10:49:10 PM
 #960

Havelock is re-open and all funds are in tact. Was wondering when we are going to get our back pay of dividends? Thank you.

And where is TwentySeventy to let us know when we are getting dividends? Well he was online after I posted this, but now he is offline...go figure?Huh?
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