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Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 222. (Read 479317 times)

legendary
Activity: 1106
Merit: 1026
Oh look. Big new wall appeared on btct.

I watch the orderbook closely and no new "big wall" poped up.
sr. member
Activity: 392
Merit: 250
The only people after me right now are short term speculators, because you're the ones who would care so much about this.  The long term investors don't give a shit because it's the companies profit that will benefit them over time.  

So.. short-term shitheads, fuck off.  I'm not dumping, and I don't care if you think I am.  
sr. member
Activity: 420
Merit: 250
Because I don't believe in the politics of Bitfunder.  They are trying to legitimize the exchange, whereas burnside is saying fuck it with FIAT all together.  If there is one exchange I think will win over time it's BTCT and I just don't want the hassle of declaring shares after an exchange seizure
Are you sure they're so different in their 'politics' ? Burnside said he and Ukyo were in collaboration talking to legal counsel to alleviate any regulatory issues.

Exactly. Neither exchange is sitting in a better position with regard to regulatory action. That said, my feeling is that barring fraud, the chances of anything happening at all are remote. They can each take some steps to better protect themselves, but everyone should know that this is part of the risk we all face playing this incredibly fun and profitable Bitcoin game, but it's certainly not the biggest risk.
full member
Activity: 490
Merit: 101
FRX: Ferocious Alpha
Guys, the 120,000 shares were mine.  I made a deal with Ken.  Because he is so busy, I paid him a VERY  high premium to have my shares transferred from BF to BTCT.  The premium went directly to the company.  I advise everyone with less than 120,000 shares not to do this, as the price was very high and wouldn't be worth it for most shareholders.  I paid him $5000, which went directly to the company.

I did get immediately on the horn and called Kens office.  I was transferred to his cell and asked what was going on with this 120k dump.  It was explained to me that a serious investor had made a deal to him in fiat to transfer those over to Btct.  I guess now as we see that was Volcanic.  When talking to him I could tell he was on the road (can hear the wind), and asked where he was headed to, while apologizing for calling after hours.  He had told me he was on the road to meet with the engineering firm.  I had asked how many hours were left in the drive and he stated 4-5 hours.

Thanks for the update Streets. Smiley

Yes thank you.

now will everyone please stop pissing and moaning and go back to constantly refreshing BTCT!

Your welcome.  I called Ken back to get some more clarification.  The shares removed from BF will be pulled down tonight after he is done driving and can get on his laptop.  Currently BF sits at 6,241,329 shares, should see this drop by 120k I would imagine no later than tomorrow.
sr. member
Activity: 392
Merit: 250
Oh look. Big new wall appeared on btct.

And your views on btct vs bitfunder make absolutely no sense. Stop playing politics. This is clearly profit motivated and I don't see why you have a problem admitting it.

You should sell your shares right now then..
hero member
Activity: 736
Merit: 508
If you dump on btct now then you are going to piss off a lot of people and probably make much more then $5k. Let's not pretend it was some favour unless you guarantee you won't sell those shares for a few weeks at least.

As for the new people saying this is all bananas. Well it is and it isn't. If you actually read the plan and did the math, wch is available on the front page of the other activeminer thread, then you'll understand.

The plan is solid but it's down to eASIC to manufacture the hardware, and we're a couple of weeks from a press release about that at the mo.


I guarantee I won't sell my shares until 2014.  
you have my word.
If I do sell, I should get a scammer tag for lying.

Mmmm, strong words. And how we could know if you sold or not?

I really don't know what to say... we both had the right to do business, nobody is getting screwed

I have nothing against your transfert and the fact you paid for that. And I would not have anything to say if you sold the 120k on btct now. But now you are giving your word, so I'm just curious about that
sr. member
Activity: 392
Merit: 250
I guarantee I won't sell my shares until 2014.  
you have my word.
If I do sell, I should get a scammer tag for lying.

Then why would you pay to do it today?

Because I don't believe in the politics of Bitfunder.  They are trying to legitimize the exchange, whereas burnside is saying fuck it with FIAT all together.  If there is one exchange I think will win over time it's BTCT and I just don't want the hassle of declaring shares after an exchange seizure

So you expect BF to be siezed soon?

As many of you have noticed, I am an extremely paranoid individual and not very reasonable at times..
Who knows, i probably just wasted 5k
hero member
Activity: 487
Merit: 500
Are You Shpongled?
Because I don't believe in the politics of Bitfunder.  They are trying to legitimize the exchange, whereas burnside is saying fuck it with FIAT all together.  If there is one exchange I think will win over time it's BTCT and I just don't want the hassle of declaring shares after an exchange seizure
Are you sure they're so different in their 'politics' ? Burnside said he and Ukyo were in collaboration talking to legal counsel to alleviate any regulatory issues.
newbie
Activity: 11
Merit: 0
The temptation to cash in on that cheddar must be quite something. Not saying that you will or will not, just talking about the temptation...
sr. member
Activity: 364
Merit: 250
Oh look. Big new wall appeared on btct.

And your views on btct vs bitfunder make absolutely no sense. Stop playing politics. This is clearly profit motivated and I don't see why you have a problem admitting it.
full member
Activity: 274
Merit: 100
I guarantee I won't sell my shares until 2014.  
you have my word.
If I do sell, I should get a scammer tag for lying.

Then why would you pay to do it today?

Because I don't believe in the politics of Bitfunder.  They are trying to legitimize the exchange, whereas burnside is saying fuck it with FIAT all together.  If there is one exchange I think will win over time it's BTCT and I just don't want the hassle of declaring shares after an exchange seizure

So you expect BF to be siezed soon?
sr. member
Activity: 392
Merit: 250
If you dump on btct now then you are going to piss off a lot of people and probably make much more then $5k. Let's not pretend it was some favour unless you guarantee you won't sell those shares for a few weeks at least.

As for the new people saying this is all bananas. Well it is and it isn't. If you actually read the plan and did the math, wch is available on the front page of the other activeminer thread, then you'll understand.

The plan is solid but it's down to eASIC to manufacture the hardware, and we're a couple of weeks from a press release about that at the mo.


I guarantee I won't sell my shares until 2014.  
you have my word.
If I do sell, I should get a scammer tag for lying.

Mmmm, strong words. And how we could know if you sold or not?

I really don't know what to say... we both had the right to do business, nobody is getting screwed
legendary
Activity: 1311
Merit: 1000

Mmmm, strong words. And how we could know if you sold or not?

You can't be serious. He didn't move them because he likes the color green.
sr. member
Activity: 392
Merit: 250
I guarantee I won't sell my shares until 2014.  
you have my word.
If I do sell, I should get a scammer tag for lying.

Then why would you pay to do it today?

Because I don't believe in the politics of Bitfunder.  They are trying to legitimize the exchange, whereas burnside is saying fuck it with FIAT all together.  If there is one exchange I think will win over time it's BTCT and I just don't want the hassle of declaring shares after an exchange seizure
hero member
Activity: 736
Merit: 508
If you dump on btct now then you are going to piss off a lot of people and probably make much more then $5k. Let's not pretend it was some favour unless you guarantee you won't sell those shares for a few weeks at least.

As for the new people saying this is all bananas. Well it is and it isn't. If you actually read the plan and did the math, wch is available on the front page of the other activeminer thread, then you'll understand.

The plan is solid but it's down to eASIC to manufacture the hardware, and we're a couple of weeks from a press release about that at the mo.


I guarantee I won't sell my shares until 2014.  
you have my word.
If I do sell, I should get a scammer tag for lying.

Mmmm, strong words. And how we could know if you sold or not?
legendary
Activity: 1311
Merit: 1000

I guarantee I won't sell my shares until 2014.  
you have my word.
If I do sell, I should get a scammer tag for lying.



Ha! I think a scammer tag is worth $100K.
sr. member
Activity: 364
Merit: 250
I guarantee I won't sell my shares until 2014.  
you have my word.
If I do sell, I should get a scammer tag for lying.

Then why would you pay to do it today?
sr. member
Activity: 392
Merit: 250
If you dump on btct now then you are going to piss off a lot of people and probably make much more then $5k. Let's not pretend it was some favour unless you guarantee you won't sell those shares for a few weeks at least.

As for the new people saying this is all bananas. Well it is and it isn't. If you actually read the plan and did the math, wch is available on the front page of the other activeminer thread, then you'll understand.

The plan is solid but it's down to eASIC to manufacture the hardware, and we're a couple of weeks from a press release about that at the mo.


I guarantee I won't sell my shares until 2014.  
you have my word.
If I do sell, I should get a scammer tag for lying.
legendary
Activity: 994
Merit: 1000
If enough people are interested, I might be willing to tender shares from Bitfunder to BTCT for 15%  

/1.15 =

It would be handled through private transfers (you first, or we agree on a 3rd party for escrow).  I would then sell some of the shares I received as profit to cover the fee of having Ken transfer the shares back to btct.

I'm not really trying to make a profit here, just trying to give others the transfer option without over-burdening Ken and making it worth my time.
hero member
Activity: 602
Merit: 500
myBitcoin.Garden
it sounds like a threat  Shocked

Absolutely not!  1st rule of fightclub is all I'm saying.
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