Garr255 (OP)
Legendary
 Offline
Activity: 938
Merit: 1000
What's a GPU?
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June 10, 2012, 07:11:07 AM |
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All Shareholders:If you want Cognitive to remain an awesome long term investment, please vote against Motion #7
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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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nimda
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June 10, 2012, 02:25:48 PM |
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Having a hard time with GLBSE's motions... last time I voted, the motions disappeared after voting; now they stay up with no indication that my vote was registered.
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Garr255 (OP)
Legendary
Offline
Activity: 938
Merit: 1000
What's a GPU?
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June 10, 2012, 07:34:29 PM |
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They've never disappeared for me. You probably voted right before they ended.
There is no notification of whether you voted, this is on Nefario's huge list of things to add/fix...
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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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petermeuris
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Activity: 14
Merit: 0
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June 11, 2012, 08:23:12 AM |
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What happened ? COGNITIVE 30@0.0000002 Somebody mistyped ? |
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friedcat
Donator
Legendary
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Activity: 848
Merit: 1005
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June 11, 2012, 08:26:27 AM |
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I guess it's someone transferring shares between accounts to avoid the transaction fee. |
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Kluge
Donator
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Activity: 1218
Merit: 1015
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June 11, 2012, 08:55:17 AM |
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Maybe another compromised account, or just someone who needed cash now. Dunno how that could be a mistype. There's almost no bid depth anywhere on GLBSE.... even Gigamining suddenly dropped ~40% yesterday when someone dared sell >50BTC worth of shares. So, Cognitive should have a similar reaction whenever someone dares to sell >10BTC worth of shares. If someone needs to sell any significant amount of anything to the public for whatever reason, they'll get almost nothing. For significant transactions, you have to line up private buyers. It's irrational to sell Cognitive that low, but markets are not always rational, even if the creators of discord are in the minority. We'll still talk about their outliers, knowing it'll be utterly insignificant in the long-run, and perhaps in that respect, we're also acting irrationally just by talking about it. There are a few different theories on why the bid orders are so awfully insignificant. I favor the argument that it's primarily a by-product of an extremely high-yield market. Nowhere else will you earn ~30-150% annual RoI with almost any credible security listed. It's thus extremely expensive (relative to most USD options) to maintain a bid order when you factor in opportunity cost. GLBSE tries to solve this by only charging a fee to the person who places an open-market order, but it's not nearly sufficient, and I don't know how they could fix this, perhaps without allowing uncovered orders again (that is, with 10BTC in your account, you can place a bid on Cognitive for 10BTC-worth of shares, another order for 10BTC-worth of Gigamining, and maybe 10BTC-worth of YABMC. It could be implemented where all other orders automatically cancel once one of your 10BTC bid orders are fulfilled somewhere, partially or in full). ramble,ramble,ramble... |
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nimda
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June 11, 2012, 10:39:26 AM |
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Someone took a dump and sold down all of the bids... and I didn't have any nice low bid orders to catch it  |
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TheSeven
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June 11, 2012, 08:13:15 PM |
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Maybe another compromised account I can sadly confirm this theory :/ |
My tip jar: 13kwqR7B4WcSAJCYJH1eXQcxG5vVUwKAqY
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Bitcoin Oz
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June 12, 2012, 03:54:39 AM |
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Maybe another compromised account I can sadly confirm this theory :/ Sorry to hear that. Didnt you have 2 factor auth setup? |
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stochastic
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June 12, 2012, 04:03:17 AM |
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Maybe another compromised account I can sadly confirm this theory :/ Sorry to hear that. Didnt you have 2 factor auth setup? Yes, recommended for everyone. |
Introducing constraints to the economy only serves to limit what can be economical.
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Philj
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June 12, 2012, 01:57:56 PM |
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Maybe another compromised account I can sadly confirm this theory :/ Dis the affect your own asset in any way? |
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TheSeven
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June 12, 2012, 07:12:27 PM |
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Maybe another compromised account I can sadly confirm this theory :/ Dis the affect your own asset in any way? If you mean the FPGA.Mining asset, this isn't being managed by me, but by fizzisist, so it isn't affected at all. As an asset manager I would of course use a whole lot of additional security measures. |
My tip jar: 13kwqR7B4WcSAJCYJH1eXQcxG5vVUwKAqY
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Garr255 (OP)
Legendary
Offline
Activity: 938
Merit: 1000
What's a GPU?
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June 13, 2012, 06:49:41 AM |
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That's quite a hit, 7. I'm going to send you a few coins for all the help you've given and basically the reworking of MPBM for Cognitive. In other news, a massive lightning storm just passed through, which was completely awesome. It looked like someone had set up thousands of strobe lights in my yard. I just felt another thunder shockwave! I tried to get some video, but I didn't have a camera near by and the Blackberry didn't cut it. More importantly, we had a power surge that put my stereo into demo mode, and the FPGAs cycled power (along with the host) and lost their bitstreams. Everything is back to normal now and we're hashing away as usual. Everything corrected itself the way it should, and required no involvement on my part. I'm glad I was here to see it happen so we all know that thunder and lightning are no match for Cognitive  |
“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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stabs
Member
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Activity: 109
Merit: 10
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June 14, 2012, 01:23:54 AM |
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Voting will close on June 13th at 06:00 pm GLBSE time.
How'd voting turn out? |
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Garr255 (OP)
Legendary
Offline
Activity: 938
Merit: 1000
What's a GPU?
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June 14, 2012, 01:38:36 AM |
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Voting will close on June 13th at 06:00 pm GLBSE time.
How'd voting turn out? The motions just expired 40 seconds ago. I don't know why it was so late, but I'll be back with the results in a minute. |
“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
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Activity: 938
Merit: 1000
What's a GPU?
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June 14, 2012, 01:57:27 AM
Last edit: June 14, 2012, 03:55:49 AM by Garr255 |
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The second round of voting is closed. Here are the results: Yes No Votes Ratio (%) 1:625 3004 3629 21 2:690 2873 3563 24 3:817 2765 3582 30 4:731 2875 3606 25 5:2375 1288 3663 184 6:95 3514 3609 3 7:1695 2192 3887 77 I'm very pleased to announce that Motion 5 is the winner. We have enough funds to buy six BitForce Singles, which will increase our total hashrate from 7200mh/s to at least 12192mh/s (assuming 832mh/s from each unit). The singles will be purchased after our funds are entirely converted into BTC, which will be within 14 days. |
“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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GeoRW
Sr. Member
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Activity: 350
Merit: 257
Trust No One
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June 14, 2012, 05:30:42 AM |
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The singles will be purchased after our funds are entirely converted into BTC, which will be within 14 days.
How went the purchase of bitcoins from JWU42? And do you really mean to convert into BTC? |
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Garr255 (OP)
Legendary
Offline
Activity: 938
Merit: 1000
What's a GPU?
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June 14, 2012, 05:42:20 AM |
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The singles will be purchased after our funds are entirely converted into BTC, which will be within 14 days.
How went the purchase of bitcoins from JWU42? And do you really mean to convert into BTC? I sent out a check on Monday. He's going to send the coins when it clears. |
“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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SaintFlow
Sr. Member
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Activity: 476
Merit: 250
The first is by definition not flawed.
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June 14, 2012, 12:20:56 PM |
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I was gone for half a week and come back to see my dividend canceled by a short notice revote.
May I ask by what authority?
Is not a vote necessary to demand a revote?
I mean all in 3 days?
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don't let me make you question your assumptions
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GeoRW
Sr. Member
Offline
Activity: 350
Merit: 257
Trust No One
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June 14, 2012, 12:41:25 PM |
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I was gone for half a week and come back to see my dividend canceled by a short notice revote.
May I ask by what authority?
Is not a vote necessary to demand a revote?
I mean all in 3 days?
From contract: The operator reserves the rights, regardless of the amount of shares owned, to raise a motion, and sell all hardware. |
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