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turdminer
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January 15, 2016, 05:00:19 PM |
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I also want to point out again how spreading rumors and innuendo picked up of message boards from crabby disgruntled miners can be very destructive in this world of altcoins. The markets are not that big and a run on an exchange is easy to get started. When this article about Cryptsy appeared I posted several time to people who were pushing the rumors to stop. Now the damage has been done. Cryptsy had a run on its currencies and is left unable to deal with the theft of the BTC. Had this been a real bank or exchange, authorities would be arresting the rumor mongers. So I caustion again, do not spread rumors or what someone else tells you or claims. If you have first hand knowledge, then fine, but taking a post from one person without verifying it and repeating it can create problems for everyone and all coins.
crypsty covered up their insolvency for over a year and a half, and most of the complaints were regarding withdrawals. crypsty covered it up and kept silent, so i argue it was quite appropriate for the community here to question cryptsy's solvency and rightly so apparently. the half baked article they use as an excuse might have helped fuel the bank run, but people were finding work arounds and withdrawing for quite some time before that, within that year and a half time frame. the fact is, the damage had already been done and their announcement is quite damning in regards to how they operate. suppressing rumors wouldnt have been a problem if cryptsy came clean when the "hack" first happened. at least the bank run returned many users coins instead of having crypsty hold them hostage, or worse sell them off and run. |
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Slydrule
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January 15, 2016, 05:25:20 PM |
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I also want to point out again how spreading rumors and innuendo picked up of message boards from crabby disgruntled miners can be very destructive in this world of altcoins. The markets are not that big and a run on an exchange is easy to get started. When this article about Cryptsy appeared I posted several time to people who were pushing the rumors to stop. Now the damage has been done. Cryptsy had a run on its currencies and is left unable to deal with the theft of the BTC. Had this been a real bank or exchange, authorities would be arresting the rumor mongers. So I caustion again, do not spread rumors or what someone else tells you or claims. If you have first hand knowledge, then fine, but taking a post from one person without verifying it and repeating it can create problems for everyone and all coins.
crypsty covered up their insolvency for over a year and a half, and most of the complaints were regarding withdrawals. crypsty covered it up and kept silent, so i argue it was quite appropriate for the community here to question cryptsy's solvency and rightly so apparently. the half baked article they use as an excuse might have helped fuel the bank run, but people were finding work arounds and withdrawing for quite some time before that, within that year and a half time frame. the fact is, the damage had already been done and their announcement is quite damning in regards to how they operate. suppressing rumors wouldnt have been a problem if cryptsy came clean when the "hack" first happened. at least the bank run returned many users coins instead of having crypsty hold them hostage, or worse sell them off and run. So the bank run returned coins to users, you say. BUt the run on Cryptsy started because a rumor that Cryptsy was not allowing withdrawals. Which is it? And by the way, even in the real banking world, a bank can shut its doors to prevent or halt a run on its assets. In fact, regulators would force them too to prevent further losses. And for more real world information, if Cryptsy had reported the theft to authorities I can tell you with certainty the authorities would have prevented them from releasing information while the investigation was ongoing. This is standard operating procedures for police. |
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socal
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January 15, 2016, 05:36:19 PM |
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Quite honestly I am no longer surprised by anything I've been around for Mt. Gox, Cryptorush, Mintpal/Moolah and now Cryptsy. I like my Polo and my Bittrex but make no mistake no exchange is immune. That is why I do not hold large numbers of coins on exchanges and I spread them out that way if any one exchange fails it don't get wiped out. Good rule of thumb is to only put what you are immediately going to buy or sell on the exchange and then move it to your own personal wallet yes you pay a bit more in withdrawal fees but I'll gladly pay that price compared to losing everything in one hack/scam/whatever.
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turdminer
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January 15, 2016, 06:14:19 PM |
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I also want to point out again how spreading rumors and innuendo picked up of message boards from crabby disgruntled miners can be very destructive in this world of altcoins. The markets are not that big and a run on an exchange is easy to get started. When this article about Cryptsy appeared I posted several time to people who were pushing the rumors to stop. Now the damage has been done. Cryptsy had a run on its currencies and is left unable to deal with the theft of the BTC. Had this been a real bank or exchange, authorities would be arresting the rumor mongers. So I caustion again, do not spread rumors or what someone else tells you or claims. If you have first hand knowledge, then fine, but taking a post from one person without verifying it and repeating it can create problems for everyone and all coins.
crypsty covered up their insolvency for over a year and a half, and most of the complaints were regarding withdrawals. crypsty covered it up and kept silent, so i argue it was quite appropriate for the community here to question cryptsy's solvency and rightly so apparently. the half baked article they use as an excuse might have helped fuel the bank run, but people were finding work arounds and withdrawing for quite some time before that, within that year and a half time frame. the fact is, the damage had already been done and their announcement is quite damning in regards to how they operate. suppressing rumors wouldnt have been a problem if cryptsy came clean when the "hack" first happened. at least the bank run returned many users coins instead of having crypsty hold them hostage, or worse sell them off and run. So the bank run returned coins to users, you say. BUt the run on Cryptsy started because a rumor that Cryptsy was not allowing withdrawals. Which is it? And by the way, even in the real banking world, a bank can shut its doors to prevent or halt a run on its assets. In fact, regulators would force them too to prevent further losses. And for more real world information, if Cryptsy had reported the theft to authorities I can tell you with certainty the authorities would have prevented them from releasing information while the investigation was ongoing. This is standard operating procedures for police. both are true of course. rumors were actual legitimate first hand complaints regarding withdrawals, users were forced to find a way around that during cryptsy's silence/ attempts to cover up their insolvency. the article came out in between if i recall. my only point of contention is that they were doomed a year and a half ago, regardless of the article. if rumors of insolvency were squelched here they might have lasted a few more months, but ultimately would have ended with the same result + more losses for everyone. if some how they froze their cold wallets for alts before people withdrew, then they would've just mismanaged or stole the remaining balances in a fruitless attempt to pay their bills (like the rent on that office they conveniently closed down recently, hmmm) i am glad to have communities, such as here, to act as watch dogs for scams and unscrupulous exchanges, to every rumor their is a grain of truth. and i would rely less on the real world banking industry as a template for appropriate behavior here, for obvious reasons this is not the same by any stretch aside from the word "exchange." anyway, moving on. one less exchange for amber and other alts. sad |
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devega
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January 15, 2016, 06:36:05 PM
Last edit: January 15, 2016, 07:07:03 PM by devega |
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PLEASE TAKE PART IN VOTING! A company decided to give an opportunity to the shareholders to make a decision of how Q3 2015 dividends should be paid.
This question will become the first joint decision of shareholders. For this purpose it will be put to fair and transparent blockchain voting. In spite of the fact that automatic voting system is not ready yet, we will be able to hold it in manual mode.
All shareholders who had a non-zero Q3 2015 ACTUAL SHARE can take part in this voting. The weight of everyone's vote will correspond to ACTUAL SHARE for Q3 2015.
The actual share for Q3 2015 can be seen here:Unsold company's shares will not take part in voting process!
The decision made by voting will be implemented by a company within 3 working days from the moment of announcement.
Voting will last 72 hours - from 21:00GMT 15.01.16 to 21:00GMT 18.01.16.
Right before the voting start we will post 2 addresses that will be used for the votes counting.
In order to vote you will need to send 1 AMBER from your registered address to one of these addresses corresponding to your decision.
Addresses, voting's progress and its result will be placed here:Only the first vote from each registered address will be taken into account.
All the following votes from the same address will not be taken into account.
Also the votes sent from unregistered addresses will not be accepted in a calculation.
If from some registered address there are votes to both given addresses then only the first one will be legit.
This information also will be sent via e-mail to every shareholder.
Please take part in the voting to have your own influence to its result!
OK, I will vote BTC. I'll also vote for BTC. I think everybody, also the ones, who has already choosen Amber would benefit BTC payments - shareholders will have btc to buy Amber and the price will rocket. The trust of community also should rise after the payment. In my opinion the voting regarding the past things is changing the previously accepted rules. It was said the Q3 would be paid, then it was also said that the ones that shareholders could choose between Ambercoin and BTC. Now it is said that all shareholders will decide. How many times the manegement will change his mind? And how does it communicate with: "Buy, Hold and Get dividends in BTC/$"? |
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AmberCoinDev (OP)
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January 15, 2016, 08:54:50 PM |
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Voting has started!
Voting will last 72 hours - from NOW to 21:00GMT 18.01.16.
2 addresses for voting are available here:
https://docs.google.com/spreadsheets/d/1oLvTKdIRx9NJGVZ82vdx-xgiVjAtJ7KO-gxviJR1mEk/edit#gid=305277065
In order to vote you need to send 1 AMBER from your registered address to one of these addresses corresponding to your decision.
Only the first vote from each registered address will be taken into account.
All the following votes from the same address will not be taken into account.
Also the votes sent from unregistered addresses will not be accepted in a calculation.
If from some registered address there are votes to both given addresses then only the first one will be legit.
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johnnysof
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January 15, 2016, 08:55:57 PM |
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PLEASE TAKE PART IN VOTING! A company decided to give an opportunity to the shareholders to make a decision of how Q3 2015 dividends should be paid.
This question will become the first joint decision of shareholders. For this purpose it will be put to fair and transparent blockchain voting. In spite of the fact that automatic voting system is not ready yet, we will be able to hold it in manual mode.
All shareholders who had a non-zero Q3 2015 ACTUAL SHARE can take part in this voting. The weight of everyone's vote will correspond to ACTUAL SHARE for Q3 2015.
The actual share for Q3 2015 can be seen here:Unsold company's shares will not take part in voting process!
The decision made by voting will be implemented by a company within 3 working days from the moment of announcement.
Voting will last 72 hours - from 21:00GMT 15.01.16 to 21:00GMT 18.01.16.
Right before the voting start we will post 2 addresses that will be used for the votes counting.
In order to vote you will need to send 1 AMBER from your registered address to one of these addresses corresponding to your decision.
Addresses, voting's progress and its result will be placed here:Only the first vote from each registered address will be taken into account.
All the following votes from the same address will not be taken into account.
Also the votes sent from unregistered addresses will not be accepted in a calculation.
If from some registered address there are votes to both given addresses then only the first one will be legit.
This information also will be sent via e-mail to every shareholder.
Please take part in the voting to have your own influence to its result!
OK, I will vote BTC. I'll also vote for BTC. I think everybody, also the ones, who has already choosen Amber would benefit BTC payments - shareholders will have btc to buy Amber and the price will rocket. The trust of community also should rise after the payment. In my opinion the voting regarding the past things is changing the previously accepted rules. It was said the Q3 would be paid, then it was also said that the ones that shareholders could choose between Ambercoin and BTC. Now it is said that all shareholders will decide. How many times the manegement will change his mind? And how does it communicate with: "Buy, Hold and Get dividends in BTC/$"? Am I the only one thinking that voting is not the appropriate way to go for payment decisions of past dividends? What about making a vote for having a voting decision on the dividends  But seriously, I'm not willing to accept anything else than BTC/$ for Q3 and Q4. I still expect the company sticks to their promises and statements made in the past and hope most of you have a similar opinion. |
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socal
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January 15, 2016, 08:59:47 PM |
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well considering I don't have a vote for Q3 I'm about as useful as tits on a bull right now but IF I did have a vote I'd say BTC is the way to go. It could provide some much needed liquidity to the Ambercoin Markets considering price is currently lower than what Dev has it pegged at not to mention it's just good business to stick by your promises (that dividends would be paid in BTC)
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PowerHemp
Legendary
 Offline
Activity: 1386
Merit: 1001
Ganja <3
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January 15, 2016, 09:46:33 PM |
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i dont care what i get amber or btc... but i choose btc because people need it and it will help get the trust of the dev back..
voted!
dev i have a question.. if btc win.. everyone get paid in btc or only the people who vote for it and the people who vote for amber get amber?
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Winglessss
Member
Offline
Activity: 88
Merit: 10
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January 15, 2016, 10:14:12 PM |
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I accidentally sent 1 AMBER from a non registered wallet to the BTC address. I then corrected the error and sent 1 AMBER from my registered wallet. I also have been watching them on block explorer. I couldn't watch the AMBER voting address so I sent .05 AMBER to that address so we can watch the votes come in in real time.
Sorry DEV if I made this more difficult, not my intention. I was searching for the AMBER voting address on block explorer and it wouldn't show anything at all so I sent .05 to it.
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antho281
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January 15, 2016, 10:35:05 PM |
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I voted  |
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AmberCoinDev (OP)
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January 15, 2016, 10:36:19 PM |
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i dont care what i get amber or btc... but i choose btc because people need it and it will help get the trust of the dev back..
voted!
dev i have a question.. if btc win.. everyone get paid in btc or only the people who vote for it and the people who vote for amber get amber?
If BTC wins then ALL get BTC. If AMBER wins then ALL get AMBER. P.S. The most important thing for Company is to make a transparent voting process. |
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AmberCoinDev (OP)
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January 15, 2016, 10:37:49 PM |
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I accidentally sent 1 AMBER from a non registered wallet to the BTC address. I then corrected the error and sent 1 AMBER from my registered wallet. I also have been watching them on block explorer. I couldn't watch the AMBER voting address so I sent .05 AMBER to that address so we can watch the votes come in in real time.
Sorry DEV if I made this more difficult, not my intention. I was searching for the AMBER voting address on block explorer and it wouldn't show anything at all so I sent .05 to it.
Don't worry. We have counted only 1 your try out of 3. |
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AmberCoinDev (OP)
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January 15, 2016, 11:36:23 PM |
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Keep on voting.
All votes that will come at night (GMT) will be displayed in Google doc tomorrow at 10-00 GMT.
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Jeef Berky
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January 16, 2016, 01:06:39 AM |
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I must say, things are looking very promising for Ambercoin. It's funny....I have such mixed feelings because part of me wants Amber to be real since I am owed $1700 from Q3, and part of me says "wait, if they pay me then that means I made one of the biggest financial mistakes of my life by selling my shares  " In any case, it's looking more and more like I made the wrong decision in selling my shares! |
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devega
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January 16, 2016, 01:15:25 AM |
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I must say, things are looking very promising for Ambercoin. It's funny....I have such mixed feelings because part of me wants Amber to be real since I am owed $1700 from Q3, and part of me says "wait, if they pay me then that means I made one of the biggest financial mistakes of my life by selling my shares " In any case, it's looking more and more like I made the wrong decision in selling my shares! You can buy it back now |
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Jeef Berky
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January 16, 2016, 01:22:39 AM |
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I must say, things are looking very promising for Ambercoin. It's funny....I have such mixed feelings because part of me wants Amber to be real since I am owed $1700 from Q3, and part of me says "wait, if they pay me then that means I made one of the biggest financial mistakes of my life by selling my shares " In any case, it's looking more and more like I made the wrong decision in selling my shares! You can buy it back now I took the btc I made from selling Amber and put it into Gemz right before Gemz took a nose dive I'm just a horrible trader. I have the unfortunate combination of bad trading skills and horrible luck. |
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richwang
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January 16, 2016, 01:36:27 AM |
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I must say, things are looking very promising for Ambercoin. It's funny....I have such mixed feelings because part of me wants Amber to be real since I am owed $1700 from Q3, and part of me says "wait, if they pay me then that means I made one of the biggest financial mistakes of my life by selling my shares " In any case, it's looking more and more like I made the wrong decision in selling my shares! Welcome back. |
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richwang
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January 16, 2016, 01:57:34 AM |
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Cryptsy is down, it's time for Amber company to create her own exchange.
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5ick3uffalo
Legendary
Offline
Activity: 994
Merit: 1000
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January 16, 2016, 04:11:46 AM |
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Cryptsy is down, it's time for Amber company to create her own exchange.
LOL the amber wallet was not wotking for months at cryptsy, so no big loss. Cryptsy dead after the hack? Not yet. There are options. Here are the options: 1. We shut down the website and file bankruptcy, letting users file claims via the bankruptcy process and letting the court make the disbursements. - or – 2. Somebody else comes in to purchase and run Cryptsy while also making good on requested withdrawals. - or – 3. If somehow we are able to re-aquire the stolen funds, then we allow all withdrawal requests to process. |
BTC: 1Dw9feZAGSeHvaiQ55T7C92VAAXB2nVKKk
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