Gigamining / Teramining

[herzmeister]

with our attorneys.

...who won't put themselves out of business of course 

[boonies4u]

Has anybody sold his shares to another user privately with success? I have 85 shares and want to do it, I really don't want to make that verification process  

Wouldn't be very smart to say this in public, would it?

Sounds logical
So I'll correct myself, I don`t have 184 shares that I'm not willing to sell them so someone that has already verified himself. Don't PM me

Amazing how there is only 1 person with 184 contracts.  

Please use the official claims process to have your claim verified and paid.

How should this matter? You won't know if it's ashitaka who made the claim or somebody else.

It doesn't matter! Giga can't tell people they can have someone else claim their contracts, but there's nothing stopping you from doing this privately. The only way he will know if that you do this is if he already had your private information and/or one of the parties announces it publicly.

Do I really have to be so blunt?

[Naelr]

I still don't understand why this is so difficult.  James knows via payout address who has his contracts.  If 2 parties agree on a price and through the blockchain we pay in BTC.  James will know who it came from and who it went too and he can transfer the contracts to the buying party.  The party that is unable/unwilling to go through the claims process is satisfied, the person buying the claims is satisfied and james keeps his name on the positive side of this whole GLBSE shitstorm we are all caught up in.  No different then what we were doing on GLBSE just an extra step.  I can only see 2 reasons James doesn't agree to this.

1. Some legal mumbo jumbo.

2. He stands to make more BTC by keeping the unclaimed contracts for himself.

I really hope it is the former and not the latter.  We see the writing on the wall and know what kind of BTC he is bringing in right now.  I would hope he would want to do the right thing.

How bout it James at least an answer as to why you choose not to try to do something.  I have posted this very scenario before.

https://bitcointalk.org/index.php?topic=75802.msg1606524#msg1606524

Naelr

[jamesg]

How bout it James at least an answer as to why you choose not to try to do something.  I have posted this very scenario 3 times at least.

Knowingly allowing the trading of Gigamining contracts under my control would put Gigamining in a classification where I would need to register with a bunch of three letter agencies and would need to spend an exorbitant amount of fiat on lawyers and government fees.

This is the same reason that Coinlab does not allow the buying and selling of their loyalty points between miners.

[Naelr]

How bout it James at least an answer as to why you choose not to try to do something.  I have posted this very scenario 3 times at least.

Knowingly allowing the trading of Gigamining contracts under my control would put Gigamining in a classification where I would need to register with a bunch of three letter agencies and would need to spend an exorbitant amount of fiat on lawyers and government fees.

This is the same reason that Coinlab does not allow the buying and selling of their loyalty points between miners.

Thank you that is an answer I can live with and much better then silence.  You will hear no more from me on this subject.  I hate that is has to be this way then.  If you posted something similar earlier on in this thread I apologize for missing it.   

Naelr

[TiuraZ]

How bout it James at least an answer as to why you choose not to try to do something.  I have posted this very scenario 3 times at least.

Knowingly allowing the trading of Gigamining contracts under my control would put Gigamining in a classification where I would need to register with a bunch of three letter agencies and would need to spend an exorbitant amount of fiat on lawyers and government fees.

This is the same reason that Coinlab does not allow the buying and selling of their loyalty points between miners.

So you don't want to allow trading of Gigamining contracts because of these three letter agencies, but you demand us, your customers, to go through your ridiculous claiming process because of those same agencies?

[boonies4u]

How bout it James at least an answer as to why you choose not to try to do something.  I have posted this very scenario 3 times at least.

Knowingly allowing the trading of Gigamining contracts under my control would put Gigamining in a classification where I would need to register with a bunch of three letter agencies and would need to spend an exorbitant amount of fiat on lawyers and government fees.

This is the same reason that Coinlab does not allow the buying and selling of their loyalty points between miners.

So you don't want to allow trading of Gigamining contracts because of these three letter agencies, but you demand us, your customers, to go through your ridiculous claiming process because of those same agencies?

If the 3 letter agencies get involved so you can transfer your contracts both you and the buyer will have to submit information. Both of you will likely have to submit more information than just going through this claims process as well.

[creativex]

How does any of this jive with recent FinCEN guidance?

[Jimmy2011]

It's said that I need to go to US Embassy for the notary if I want to claim my shares.
And the cost is $50, Right?
Who will cover the cost?
The customer? James? Or both of them?

[PsychoticBoy]

It's said that I need to go to US Embassy for the notary if I want to claim my shares.
And the cost is $50, Right?
Who will cover the cost?
The customer? James? Or both of them?

Uhhhh YOU!

[Lucidize]

It's said that I need to go to US Embassy for the notary if I want to claim my shares.
And the cost is $50, Right?
Who will cover the cost?
The customer? James? Or both of them?

That's cheap!

In the UK I had to pay £115 which works out at around $175

[Newar]

It's said that I need to go to US Embassy for the notary if I want to claim my shares.
And the cost is $50, Right?
Who will cover the cost?
The customer? James? Or both of them?

That's cheap!

In the UK I had to pay £115 which works out at around $175

At the US embassy?

[001sonkit]

So I should take a flight back and forth Hong Kong and US to claim my 2 shares, GENIUS

BTW, if anyone like to have my share, drop me a PM. Legal? BAH!

[Lucidize]

It's said that I need to go to US Embassy for the notary if I want to claim my shares.
And the cost is $50, Right?
Who will cover the cost?
The customer? James? Or both of them?

That's cheap!

In the UK I had to pay £115 which works out at around $175

At the US embassy?

Not sure if you're being serious but the answer is no. It had to be sent to the Foreign & Commonwealth Office to be apostille stamped. This is a very rare request and is the reason for the high cost.

[TiuraZ]

That's how Giga gets to keep all the small investors money for himself. Those who have invested big money have claimed their contracts, because it's profitable for them. It's also good to keep the big investors somewhat happy, because they would have the money and interest to go after him but he doesn't have to care about those who own only few gigamining bonds. They don't have the money to sue him either.

[deeplink]

They don't have the money to sue him either.

Maybe soon they will, if they got some BTC left and the price keeps going up like crazy. I'm already hoarding popcorn.

[GeoRW]

They don't have the money to sue him either.

Maybe soon they will, if they got some BTC left and the price keeps going up like crazy. I'm already hoarding popcorn.

Didn't giga say that he will not accept any more claims and keep those for himself after some date? Maybe he doesn't have enough btc to pay everyone after BFL delays, difficulty increase (see Amazingrando problems) or whatever. He will try everything for not to pay if that's the case.

[Newar]

So I should take a flight back and forth Hong Kong and US to claim my 2 shares, GENIUS

BTW, if anyone like to have my share, drop me a PM. Legal? BAH!

http://hongkong.usconsulate.gov/acs_notarial.html

[Newar]

It's said that I need to go to US Embassy for the notary if I want to claim my shares.
And the cost is $50, Right?
Who will cover the cost?
The customer? James? Or both of them?

That's cheap!

In the UK I had to pay £115 which works out at around $175

At the US embassy?

Not sure if you're being serious but the answer is no. It had to be sent to the Foreign & Commonwealth Office to be apostille stamped. This is a very rare request and is the reason for the high cost.

Of course I'm being serious as I have it done myself at the US embassy here.

[PulsedMedia]

I still have the opinion that what Giga is doing with this verification claims process is scammy.
It forces people to do stunts to claim them back, making for some people near impossible.

And lots of information i DO NOT want to give out.
Tax identification number -> Social security number.
Photocopies of identification.
All the items required for identity theft.

Even tho that's not the reason gigamining is doing this, i somehow doubt he has top notch security in place to avoid that data being stolen. Again no thanks.

Notarized affidavit: Yeah... I do want to explain to goverment officials wtf is this, and what that paper will stand for, never mind that complication, it costs a lot here.

All of this *BULLSHIT* means all he wanted to do was get rid of as many of us as possible for his own gain.

is that asset list SHA256 in format of:
[email][address]   ie: email@address.com1CAF5612CHMHU...
or [email] [address]
or [email][enter][address] ?