SkepsiDyne Integrated Node - The Bitcoin Mining Company

[Nefario]

Might happen, or he might deliver.

Either way it would be nice to tone down the calls of scam until after the fact. Yes you've had your say and anyone reading this thread has been warned. It's now their choice what to do. Endlessly wailing "scammer" from the sidelines doesn't help and makes you look less than civilised.

So buyers, beware. The dangers of buying this stock have been pointed out. Buy at your own risk.

[Sukrim]

Market depth SIN:
bids --:-- [[6, 50000000], [10, 1]]
asks --:-- [[12, 84500000], [144, 84500000], [5, 99999998], [1, 99999999], [6, 99999999], [3533, 100000000], [2, 100000000], [1, 490000000], [3, 2000000000]]

^^^^
And should you want to buy, there are quite a lot of shares for less than 1 BTC available too!
Bids is what people wanting to buy shares are offering to pay for 1 share (in Satoshis, so 100000000 = 1 BTC), asks is what shareholders want to have for their shares.

The bid [6, 50000000] would mean for example that someone would pay 50 bitcents each for up to 6 shares.

[Nefario]

Market depth SIN:
bids --:-- [[6, 50000000], [10, 1]]
asks --:-- [[12, 84500000], [144, 84500000], [5, 99999998], [1, 99999999], [6, 99999999], [3533, 100000000], [2, 100000000], [1, 490000000], [3, 2000000000]]

^^^^
And should you want to buy, there are quite a lot of shares for less than 1 BTC available too!
Bids is what people wanting to buy shares are offering to pay for 1 share (in Satoshis, so 100000000 = 1 BTC), asks is what shareholders want to have for their shares.

The bid [6, 50000000] would mean for example that someone would pay 50 bitcents each for up to 6 shares.

wrong, thats 50 bitcents per share, and the order is for 6

[Sukrim]

Hm, I wrote "50 bitcents each"... 

Anyways:
In total this offer would be for buying up to 6 shares. Each of these shares needs to be sold at max. 50 bitcents, so it would cost the one offering this max. 3 BTC.

[Ookami]

hi ^^
don't frickin' demotivate the guy I invest in...
and please sell some stock at 1x10^-8 as one did about yesterday... I wasn't fast enugh to catch that... damn you, "cancel" feature :p
But as you all don't believe in this just do it, you can at least save slightly abouve zero bitcoins ^^

[xf2_org]

don't frickin' demotivate the guy I invest in...

All shares and issues deserve as much sunlight, transparency, due-diligence, and background info as is reasonably possible.

[N12]

don't frickin' demotivate the guy I invest in...

All shares and issues deserve as much sunlight, transparency, due-diligence, and background info as is reasonably possible.

Agreed.

Which is why I haven’t bought any shares. No reputation and full anonymity at the same time is a joke. Hopefully this guy is honest and will appear again, but I think we should be way more cautious and demanding.

It’s our money.

[acamus]

proof of purchase? img or pdf

[cuddlefish]

Okay, Tawsix. You have 1 day to respond to this post, or dox will be dropped.

I'll give you the benefit of the doubt... others won't. The later you respond, the harder it will be to make this go away.

[vess]

Out of curiosity, what is dox?

I vote for some patience, although I too would love an update.

[cuddlefish]

Out of curiosity, what is dox?

I vote for some patience, although I too would love an update.

Dox: documentation, real name, phone number, address.

He's online /now/.

[Tawsix]

Update: The components for the rigs will be arriving on schedule tomorrow.  Once they arrive I will assemble them and get them up and running as quickly as possible.  Over the last few days I have been preparing for the units to arrive, so all infrastructure is already in place.

As outlined in the last vote concerning the price of unsold shares, there is another motion up which reads as follows:

Vote Start:   Wednesday May 25, 2011
Vote End:      Friday May 27, 2011
Vote Num:   000002
Vote issue:   Reissuing and repricing unsold shares

This vote is being held to determine the shareholders' opinions
on the matter of reissuing and repricing current unsold shares
from 1 BTC/share to 1.25 BTC/share.  These shares would be
offered until June 1, 2011, at which point another vote would
be taken on reissuing and repricing.  The purpose of this is
to reward early investors for their greater risks as well as
raise funds quicker once the reputation and legitimacy of the
business is solidified.

A vote in favor (yes) will support a reissuing and repricing
of unsold shares to 1.25 BTC/share.

A vote against (no) will support a continuation of current
pricing of the shares until June 1, 2011, at which point
another vote will be taken.

After the rigs are up and running, I will link to the account on the pool the miners are pointed to.

[vess]

I voted no for a couple of reasons (I voted yes the first vote).

In very brief, I have two thoughts.

The first is that you need to let the market settle the price out and get a secondary-offering plan sorted with Nefario. Right now, increasing the BTC price per share artificially just lets shareholders come in below you; no extra capital for the business.

The second is that you haven't made enough progress to double the value of the company yet. You're close, it sounds like, so that's good. Sometimes good investor relations can cover for execution gaps. You haven't (if I may be so bold) managed q and a with investors (or possibly just naysayers) here very well, but you're well spoken and made a good initial presentation, so I'd give you a 50-50 right now on the investor relations / execution side of things.

To me, this doesn't add up right this second to a major block of shares pricing higher. It seems a bit premature.

 I think you should probably pull all the extra shares for a week or so and watch where the market settles as you provide proof (BTC generated, pictures of the rigs), then work out an offering plan on the boards and with Nefario to expand using a second-tranche capital raise.

Right now what you're doing is providing a sort of artificial price ceiling by capping the share value; I'm not sure there's any real benefit to anyone in doing that.

My 2 millibits!

[BioMike]

I saw this coming, a price increase every week? But you will still be able to buy your own shares for 0.75btc/share. That is very unfair to the initial investors.

I'll vote "no" again.

[eturnerx]

I'm voting no. The weird thing about GLBSE vs other share markets is that normally shares are not publically tradeable until after the float has finished. That is to make sure purchasers are pumping money into the company needing the capital. With a rising share-price for the "issue-shares" encourages more profit taking that lines up ahead of more capital going into the business for expansion.

[Bitsinmyhead]

There is actually good reasons for stock exchange regulations...
This is one of them...
A lot of people totally blinded...
By the thought of free coins...

Difficulty will be 1 milli+++....
Before this guy produces 1 coin...
Never seen such blind trust...
In my whole entire life...

The whole setup...
From IPO to rig info...
Just makes 0 sense...
For the investors that would be...

Its a perfect scam...
But also ingenious way...
To speculate in difficulty increases...
Just keep the IPO coins...
Slowly release them back...
Cause they are more than the rigs can ever create....

[acamus]

Yo Tawsix, no response to proof of purchase? That's just inappropriate, it's the least you could do. Just img or pdf

[cuddlefish]

There is actually good reasons for stock exchange regulations...
This is one of them...
A lot of people totally blinded...
By the thought of free coins...

Difficulty will be 1 milli+++....
Before this guy produces 1 coin...
Never seen such blind trust...
In my whole entire life...

The whole setup...
From IPO to rig info...
Just makes 0 sense...
For the investors that would be...

Its a perfect scam...
But also ingenious way...
To speculate in difficulty increases...
Just keep the IPO coins...
Slowly release them back...
Cause they are more than the rigs can ever create....

Is this poetry?
It doesn't fit a haiku
But it is rhythmic.

[Amechan]

It doesn't rhyme either.

[Tawsix]

Update: All components have been delivered.  Once we have the machines up and running, I'll be posting pictures and a link to the pooled miner account.  This post is from the template computer while Ubuntu builds itself up!