Code_red
Member
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Activity: 110
Merit: 10
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September 22, 2013, 08:17:08 AM |
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Yeah what gives? says he is going to be buying some shares personally then just kinda fucks off for a week or so.
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zefyr0s
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September 22, 2013, 08:26:20 AM |
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"Anonymous voted NO with comment: Untrustworthy, caught putting in fake bids to increase price on own bitcointalk auctions with sock puppet accounts. Showed no remorse when caught. " Is this true??  Only partially. Garrett did indeed show remorse on what amounted to a small lapse in judgement with a single alternate account. One of the two people who bid on the auction afterwards didn't even mind all that much, and IIRC he paid the difference his bid increase amounted to anyways. |
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kakobrekla
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September 22, 2013, 09:51:29 AM |
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"Anonymous voted NO with comment: Untrustworthy, caught putting in fake bids to increase price on own bitcointalk auctions with sock puppet accounts. Showed no remorse when caught. " Is this true?? Only partially. Garrett did indeed show remorse on what amounted to a small lapse in judgement with a single alternate account. One of the two people who bid on the auction afterwards didn't even mind all that much, and IIRC he paid the difference his bid increase amounted to anyways. He is a fucking liar and a scammer, thats for sure. |
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VolanicEruptor
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September 22, 2013, 10:16:35 AM |
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"Anonymous voted NO with comment: Untrustworthy, caught putting in fake bids to increase price on own bitcointalk auctions with sock puppet accounts. Showed no remorse when caught. " Is this true?? Only partially. Garrett did indeed show remorse on what amounted to a small lapse in judgement with a single alternate account. One of the two people who bid on the auction afterwards didn't even mind all that much, and IIRC he paid the difference his bid increase amounted to anyways. Good luck with him salvaging any respect.. This would be like if Obama was caught raping a nun. That shit doesn't fly with investors when he's trying to prove to the community that he's trustworthy, no matter what damage control there was afterwards lol |
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Dataroth
Member
Offline
Activity: 61
Merit: 10
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September 22, 2013, 11:16:34 AM |
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Yeah what gives? says he is going to be buying some shares personally then just kinda fucks off for a week or so.
I can't help but wonder if this has anything to do with the refund he got from Avalon that he hasn't mentioned anything about. |
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keemao
Newbie
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Activity: 36
Merit: 0
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September 22, 2013, 12:21:51 PM |
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Why is the buying suspended?
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zefyr0s
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September 22, 2013, 04:01:10 PM |
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How does one even do this?
Account->Settings->"Public Withdrawal Address:" It seems I'm unable to only buy on COG.F COG.F2 and ActM (of what I've tested) but am able to on Cognitive. I'm able to buy on all of those assets. Perhaps this is part of the serious issues burnside is working on correcting today? e: Chaang, the public withdrawal address is the one given to issuers in the event of Btct going down for some serious length of time. I suppose it is no BIG problem as the issuer still has your e-mail and if it is an invalid address it will just go to that, but you may want to have it reflect an actual address. Just make up a new wallet or something. |
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Garr255 (OP)
Legendary
Offline
Activity: 938
Merit: 1000
What's a GPU?
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September 22, 2013, 06:50:35 PM |
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Hello all,
As said previously, BTC-TC has instated a new policy where in order to trade any assets, you must submit an emergency withdrawal address. There is a large notification at the top of the btct.co web site saying this.
No Cognitive assets were frozen because of this. It is simply a safety precaution burnside has added to the site, making an emergency transition off of BTC-TC even easier than before. A notification from him explaining the change would have been in order, but he neglected to do this, hence the panic from the larger majority of BTC-TC users.
All is well and I have negotiated a bulk order price with the CEO of CoinTerra, We will be sending payment for the order tomorrow, at which point I will be able to disclose the discount we received. I've been working on this for the past five days and wanted to wait until it was done to post an update, but I don't want to wait any longer. I'll post back tomorrow with the specifics!
Also, I have requested refunds from Steamboat, the group-buy organizer we used to purchase the majority of our Avalon chips. Those funds will be going toward the CoinTerra purchase as well, because the more we order, the better this discount will be.
Best,
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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MilkyLep
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September 22, 2013, 08:37:27 PM |
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Anyone catch those trades with FIMB last night. Pretty suspect if you ask me, or people who don't bother to look the contract lol.
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Garr255 (OP)
Legendary
Offline
Activity: 938
Merit: 1000
What's a GPU?
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September 22, 2013, 08:41:53 PM |
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Anyone catch those trades with FIMB last night. Pretty suspect if you ask me, or people who don't bother to look the contract lol.
Although unrelated to Cognitive, I'm curious what you mean by suspect? |
“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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KCBitcoin
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September 23, 2013, 08:40:17 AM |
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IMPORTANT NOTICE TO ALL BTC TRADING CORP WEBSITE PARTICIPANTS
As a result of recent changes in the virtual currency regulatory environment, the btct.co and litecoinglobal.com virtual stock market websites will be closing down. The following is our current schedule:
Approximately a week ago, both sites were closed to any new users and new asset creation was disabled.
Effective immediately, in conjunction with this release, trading will be halted, all order books cleared, and trading re-enabled.
October 7, 2013, all forms of secondary market trading will be halted on both sites.
Approximately October 31, 2013, both sites will be taken offline. It is strongly suggested that participants take the following steps to protect all of their virtual assets:
All participants should take steps to transfer all of your BTC and LTC (and any other data you wish to keep, such as CSV trade histories) held on the sites to your personal computer or another trusted site.
All participants should make sure that their public BTC or LTC address is properly set in the Account page on the Settings tab whereby it can be shared with all issuers.
All “issuers” should have the contact information concerning their “investors”, and we ask that all “issuers” communicate with their “investors” as soon as possible as to how they will ensure that all are treated appropriately.
We regret this development. However, we want to do everything we can to minimize problems arising from this transition. It is our goal to keep this shutdown orderly and calm.
Thank you for your participation, creativity, loyalty and sense of community over the past year. Additional communications will follow as we work out the details.
Ethan Burnside
BTC Trading Corp.
Hey Garr, Any idea on the next exchange we are moving to? |
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btcash
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September 23, 2013, 08:43:19 AM |
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Any idea on the next exchange we are moving to? Havelock |
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snowdropfore
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September 23, 2013, 10:42:52 AM |
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faint,how about our shares??i think move to BF is better
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servicelabs
Legendary
Offline
Activity: 1064
Merit: 1001
itkylin.com
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September 23, 2013, 11:51:42 AM |
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bitfunder.com
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medicine
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September 23, 2013, 11:53:57 AM |
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I'm at work right now with no access to my passwords. I wish I could log on to BTC TC and get in some bids!!!! Might be a few hours to pick up some cheap shares.
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theterabyte
Member
Offline
Activity: 118
Merit: 10
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September 23, 2013, 12:04:50 PM |
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the bids are pretty sparse, but I don't see a ton of people panic selling either. Most people who held through these low share prices will hold through this, IMO.
Between havelock, bitfunder, others I don't know about, etc. I hope Garr will pick then one with the best shutdown strategy. BTCT always went to great lengths to ensure if the worst happened, operators would be able to continue running their assets (and have no excuse to 'get lost'), which bolstered confidence in general. Now that the worst is happening, when selecting a new home we should look for similar assurances (list of investors emails / BTC addresses / etc mailed out regularly, etc).
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My Bitcoin Tip Jar: 11Ws5nzwy44cMcymu6ddRxdp9uvDonNqB
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snowdropfore
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September 23, 2013, 12:35:11 PM |
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the bids are pretty sparse, but I don't see a ton of people panic selling either. Most people who held through these low share prices will hold through this, IMO.
Between havelock, bitfunder, others I don't know about, etc. I hope Garr will pick then one with the best shutdown strategy. BTCT always went to great lengths to ensure if the worst happened, operators would be able to continue running their assets (and have no excuse to 'get lost'), which bolstered confidence in general. Now that the worst is happening, when selecting a new home we should look for similar assurances (list of investors emails / BTC addresses / etc mailed out regularly, etc).
so the BF is the best choice |
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Tafelpoot
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September 23, 2013, 12:37:35 PM |
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+1 for BF
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servicelabs
Legendary
Offline
Activity: 1064
Merit: 1001
itkylin.com
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September 23, 2013, 12:47:13 PM |
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stslimited
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September 23, 2013, 01:18:47 PM |
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more shocking that *ANY* cognitive shareholder is selling, since this has already gone through exchanges before
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