kakobrekla
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September 23, 2013, 01:26:17 PM |
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Scam wrapped in scam. YUMMY!
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theterabyte
Member

Offline
Activity: 118
Merit: 10
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September 23, 2013, 01:32:16 PM |
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havelock has *much* better (lower) fees, but I see bitfunder's shareholdings are all public making the event of a seizure recoverable. Does anyone advocating havelock have a link / info about their closure procedures? I'd love to end up with the better fees but in the end, safety is paramount IMO.
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My Bitcoin Tip Jar: 11Ws5nzwy44cMcymu6ddRxdp9uvDonNqB
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servicelabs
Legendary
Offline
Activity: 1064
Merit: 1001
itkylin.com
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September 23, 2013, 01:36:28 PM |
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Please no BitFunder  Why no BitFunder?
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servicelabs
Legendary
Offline
Activity: 1064
Merit: 1001
itkylin.com
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September 23, 2013, 01:55:58 PM |
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Thank you for reminding us.
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investr
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September 23, 2013, 02:40:33 PM |
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All “issuers” should have the contact information concerning their “investors” What information does Cognitive have about me? I wan't to make sure I still have my shares through the move and what addt'l steps, if any, I'd need to take.
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investr
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September 23, 2013, 02:53:08 PM |
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Public withdrawal address is via Coinbase, so I am unable to sign any messages. Just want to make sure email is enough.
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Garr255 (OP)
Legendary
Offline
Activity: 938
Merit: 1000
What's a GPU?
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September 23, 2013, 04:42:17 PM |
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Hey all,
Fortunately, burnside is doing everything right with the BTC-TC closure and transition to a new exchange will be effortless. Right now, I'm on the prowl for an exchange as good as btc-tc, which is hard to come by. I'll be looking into havelock, bitfunder, and any suggestions from you guys.
Please go on to BTC-TC and submit your emergency withdrawal address. It would be beneficial for you to have the ability to sign messages using this address, but not 100% necessary.
Every 12 hours btc-tc emails asset managers a list of shareholders (by email address), number of shares owned, and now an associated bitcoin address.
Also, despite the exchange closing down, later today we will be finalizing a large purchase with CoinTerra. I'll post back as soon as that is done!
Cheers, Garrett
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“First they ignore you, then they laugh at you, then they fight you, then you win.” -- Mahatma Gandhi
Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
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arctos
Newbie
Offline
Activity: 57
Merit: 0
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September 23, 2013, 07:04:01 PM |
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personally i would prefer havelock over bitfunder. but certainly a legitimate decentralized exchange would be the best choice if one is available or trustworthy
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investr
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September 23, 2013, 07:06:28 PM |
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why isn't MPEx on the table?
Just kidding.
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investr
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September 23, 2013, 07:45:58 PM |
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Actually it is hard, which is why most companies have entire accounting departments?
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investr
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September 23, 2013, 08:09:47 PM |
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I recently took two accounting courses as part of my degree program. There was a ton to learn to competently provide and maintain the various balance sheets/cash flow statements. While I agree that some concepts such as credits/debits might be an easy enough concept to understand, I disagree in that internalizing everything to produce regular financial reports is difficult unless you put the time in to learn it all. Accountants are the ones that learn it all, and for the most part not these Bitcoin "issuers" and "investors". Yes, tracking mining assets may be simpler, but I believe the vast lack of statements from any of these issuers proves my point that it's a learning curve most won't pursue.
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iCEBREAKER
Legendary
Offline
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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September 23, 2013, 08:43:45 PM |
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Actually it is hard, which is why most companies have entire accounting departments?
Most companies use Quicken or some other software and stopped having accounting depts years ago.
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██████████ ██████████████████ ██████████████████████ ██████████████████████████ ████████████████████████████ ██████████████████████████████ ████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████ ██████████████ ████████████████████████████ ██████████████████████████ ██████████████████████ ██████████████████ ██████████ Monero
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| "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
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Garr255 (OP)
Legendary
Offline
Activity: 938
Merit: 1000
What's a GPU?
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September 23, 2013, 09:08:36 PM |
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personally i would prefer havelock over bitfunder. but certainly a legitimate decentralized exchange would be the best choice if one is available or trustworthy
I totally agree. I wish OpenTransactions was far enough along to use, and to be able to be used by those not so tech-savvy! why isn't MPEx on the table?
Just kidding.
I like your style.  Ditto 
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“First they ignore you, then they laugh at you, then they fight you, then you win.” -- Mahatma Gandhi
Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
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investr
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September 23, 2013, 09:28:58 PM |
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Actually it is hard, which is why most companies have entire accounting departments?
Most companies use Quicken or some other software and stopped having accounting depts years ago. Yeah IBM and Ford now use Quicken. Saved them millions a year. Yep, and if the argument is for small-to-medium businesses I guess that's why accounting team startups don't exist.
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KCBitcoin
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September 23, 2013, 09:36:58 PM |
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wait... what? 17:34 (S) 9 @ 0.10000000 COG.F2 17:34 (S) 1 @ 0.40000000 COG.F2
who is the lucky guy?
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dunchy
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September 23, 2013, 10:09:02 PM |
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I own a few cog.f2 contracts. I also have an account at BitFunder. Can someone please explain me how this migration will look like if we move to some other market than BitFunder? Do I need to open an account before migration? Will the contract holders be contacted by email?
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dunchy
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September 23, 2013, 10:37:49 PM |
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Ok. Thanks. An email would be nice since I'm not able to check the thread very often. But I guess the whole thing will be happening around October end, at btct closure, right?
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Garr255 (OP)
Legendary
Offline
Activity: 938
Merit: 1000
What's a GPU?
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September 24, 2013, 12:43:21 AM |
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I will be posting here, and emailing all shareholders with an easy "how-to" guide, describing everything you need to do to migrate. I will work to make the transition as easy as possible on shareholders.
Cheers, Garrett
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“First they ignore you, then they laugh at you, then they fight you, then you win.” -- Mahatma Gandhi
Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
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Garr255 (OP)
Legendary
Offline
Activity: 938
Merit: 1000
What's a GPU?
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September 24, 2013, 12:44:06 AM |
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wait... what? 17:34 (S) 9 @ 0.10000000 COG.F2 17:34 (S) 1 @ 0.40000000 COG.F2
who is the lucky guy?
I'm curious who that is too. What a steal... I'll gladly buy all 10 of those for 1btc each!
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“First they ignore you, then they laugh at you, then they fight you, then you win.” -- Mahatma Gandhi
Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
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stslimited
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September 24, 2013, 12:56:19 AM |
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yeah I would have gotten some great fills today across the board IF BURNSIDE DIDN'T CLEAR THE ENTIRE EXCHANGE'S ORDER BOOK... AT 5AM EASTERN STANDARD TIME GAAHHHHHH
I should have been algo trading, instead of placing orders on the books.
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