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Author Topic: [Closing]Mining Company Closing with 3.3 GHash/s - JLP-BMD  (Read 30190 times)
molecular
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February 27, 2012, 03:08:31 PM
 #61

glbse.com is up and it doesn't look any different to me.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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February 27, 2012, 03:36:44 PM
 #62

glbse.com is up and it doesn't look any different to me.


new version has been delayed, and though I've logged in I can't get anywhere. it just sits at refreshing.

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February 27, 2012, 04:19:44 PM
 #63

Dividends have been sent out! 5.0083574 BTC to 4,275 shares, 0.00117155 BTC per share.

Nefario just kicked something into touch, and now I can see the dividend received but:

39682   0.0011715 BTC   dividend   N/A   JLP-BMD   27/02/2012-16:33
39742   0.0000000 BTC   dividend   N/A   JLP-BMD   27/02/2012-16:36
39802   0.0000000 BTC   dividend   N/A   JLP-BMD   27/02/2012-16:36

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February 27, 2012, 04:27:20 PM
 #64

Disregard 39742 and 39802, after paying the first dividend my account balance said I had something left, so I tried to pay it out...to no avail. Your the first dividend is correct if you only own one share...

Just the one at the moment, will be buying more at a later time.

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February 29, 2012, 01:46:03 AM
 #65

i plan on buying some shares, under 100, though.

[edit] now in with 40 shares
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March 01, 2012, 03:09:10 PM
 #66

i plan on buying some shares, under 100, though.

Can someone explain these kinds of announcements?

The most likely explanation I can think of is that the person really wants to sell and drive the price up a bit. That's just plain childish, being dishonest like that.

The other explanation would be he really wants to buy. Why tell everyone? Maybe the person is so excited in anticipation of his purchase that he just has to tell everyone and neglect the fact that this might even result in a less favorable price for him?

Am I missing an alternative explanation?

btw, @gewure: I put in some quite competitive orders on both sides of the market for you to take. They should satisfy your volume needs. The market is made, now get on with it Wink

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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March 01, 2012, 04:29:43 PM
 #67

Quote
Can someone explain these kinds of announcements?
Bitcoins are new, the community spirit is strong, for most people this is more about having fun together than about turning $5 profit.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
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March 01, 2012, 06:34:51 PM
 #68

i plan on buying some shares, under 100, though.

Can someone explain these kinds of announcements?

The most likely explanation I can think of is that the person really wants to sell and drive the price up a bit. That's just plain childish, being dishonest like that.

The other explanation would be he really wants to buy. Why tell everyone? Maybe the person is so excited in anticipation of his purchase that he just has to tell everyone and neglect the fact that this might even result in a less favorable price for him?

Am I missing an alternative explanation?

btw, @gewure: I put in some quite competitive orders on both sides of the market for you to take. They should satisfy your volume needs. The market is made, now get on with it Wink

lol. just before he asked if somebody wants to buy shares. indeed, i want to, and that is what i have done.

im also not amused by the price dropping instantaniously after i bought my first shares, but ..jesus, dont blame it on me! if i say i buy, i buy!
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March 04, 2012, 12:20:20 PM
 #69

Instead of JLP-BMD paying out 100% of profit each week, we would reduce the payments to a sustainable, consistent dividend amount.

The excess funds would be put into a pot for future dividend payments, and eventually, should the pot grow large enough, to fund improvements.

a fixed sum, or a fixed percentage?

everyone seems to have voted yea, but there is no clear idea as to what they are actually voting for.

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tgmarks
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March 07, 2012, 06:43:48 AM
 #70

I'm not sure I see the need for a consistent dividend if its going to be slightly less than the total possible dividend, but if it funds future expansion thats cool.

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March 11, 2012, 04:35:32 PM
 #71

7.81189982 paid out to 4,275 shares!

In other news, the company has started to buy back shares, and there will no longer be a dedicated internet cost. I'm going to pay that myself.

you are buying back shares with your own BTC or company BTC ?
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March 11, 2012, 04:51:33 PM
 #72

ah ok, then you should say "I (ceo) started to buy more shares for myself"

instead of saying the 'company' is buying back shares.
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March 11, 2012, 05:10:19 PM
 #73

Why are you buying back shares?

1NDoRoTapFZNiUhzTPyFdKib66QLJfmcuR
senbonzakura
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March 11, 2012, 05:13:40 PM
 #74

ah ok, then you should say "I (ceo) started to buy more shares for myself"

instead of saying the 'company' is buying back shares.

But then it looks like I'm buying it for my personal account.

I the CEO put my own BTC into the company account, and purchased shares with those funds. There are now 137 fewer traded shares of JLP-BMD. These shares may be sold later, but for now they are company owned. They receive no dividends, they have no voting rights. For now, it's like they no longer exist. It isn't much, but there are 3.2% fewer shares of JLP-BMD.

ok so you are mixing your btc with company btc , and mixing your shares with company shares ?

I think you need to take out those shares that you bought with your own btc , that is currently in the company glbse account and transfer them into your personal account.

If the company is buying back shares, the company will buy back with its own btc, so far no one voted for that. But from what i understand is that you bought shares with your own BTC and put it in the company account.

Either you can donate and hand them over to the company or transfer them into your own personal account
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March 12, 2012, 07:25:07 AM
 #75

JL421, just a thought: maybe you should change the thread title.

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April 07, 2012, 01:01:39 AM
 #76

Over the weekend I should have some time to commit to upgrading the website and making things much more automated.

Also, all assets owned by me (JLP, JLP-BMD, M.ETF) have been marked verified in the following areas:

Phone Number
Home Address
Email Address
Photo I.D.
Facebook Profile

I don't have a Linked-In Profile, otherwise I probably would have linked that too...
Who uses Linked-in anyways?

Mining Rig Extraordinaire - the Trenton BPX6806 18-slot PCIe backplane [PICS] Dead project is dead, all hail the coming of the mighty ASIC!
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April 12, 2012, 03:45:56 PM
 #77

I'd say as long as difficulty is looking to be stable (it's decreasing a bit today), and the lead time on BFL is so extreme, stick with GPU for atleast another round of growth.

my 2 bits
cheers

If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system. - GA
It is being worked on by smart people. -DamienBlack
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April 22, 2012, 09:55:16 PM
 #78

nice Smiley things are good now  Grin
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April 24, 2012, 11:49:54 PM
 #79

nice Smiley things are good now  Grin


aye, looking good and we started chipping away into the recently released shares.


gogogogo.  ;p

If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system. - GA
It is being worked on by smart people. -DamienBlack
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April 28, 2012, 02:45:37 AM
 #80

The dividend of last week doubled from that of the week before last week. Since the difficulty does not change much, is the increasing caused by just random number factors, or that you've already upgraded some of your hardware? Thanks.

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