[ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 423.

VinceSamios

sr. member

Activity: 448

Merit: 250

Ken, are you aware of this bitfury chip auction? Might be worthwhile for ActM while the 28nm chips come online - these are fantastically power efficient: https://bitcointalksearch.org/topic/18ths-of-bitfury-asic-bitcoin-mining-chips-for-auction-319965

Quote

2 reels;
3,000 chips each reel
= 6,000 chips @ 3GH/s = 18TH/s
This is limited opportunity to buy at the discount vs official price of $60,000/reel and $25/chip in smaller quantities.

Each reel sold separately. You can bid for 1 or both reels like : 1@$32,000 or 2@$32,000. Highest bid wins.

Stuartuk

sr. member

Activity: 266

Merit: 250

I think it goes without saying that your shares are 100% safe being temporarily stored with the CEO at this time. He has 15Million of his own and not even 5% of them could be sold in this market without crashing the price so another few Mill from investors is not going to change anything.

So long as you keep a record of the transfer amount and the time, that is easily cross checked with the Bitfunder transaction log.

interJ

newbie

Activity: 37

Merit: 0

Ken,

My verification as a non-US resident as gone through on WeExchange, so I'm fully clear to trade on BitFunder. I just wanted to clarify that it's fine to leave my shares on BitFunder. I think SumZero was asking for clarification on this as well.

Cheers!

Bargraphics

hero member

Activity: 518

Merit: 500

Every man is guilty of all the good he did not do.

Quote from: thefunkybits on October 27, 2013, 11:02:45 PM

Quote from: lobbes on October 27, 2013, 10:39:19 PM

Quote from: djbooth007 on October 27, 2013, 05:55:44 PM

Transfer complete. Feeling a bit nervous about it.

My transfer from AMC to ActiveMining went smoothly, so I don't doubt Ken's ability to sort out shares.

I think hes talking about the fact that shares are being sent back to the company and that theres a chance that the company could just take off with them...I have this same concern and I havent sent shares for the same reason (although I trust ken to follow through on his promise)

Let's throw a little logic in this situation.

If he does take off with them (Hypothetically) you're shares that you hold on to become useless. So technically it doesn't matter who holds them.

What I'm trying to say is with the unknowns on Bitfunder, you are probably safer to just transfer them and be done with it since he requested you to do so and has proven himself capable of at least this task in the past.

canth

legendary

Activity: 1442

Merit: 1001

I don't think there's any point in posting when you've done the share transfer. Ken already knows and quite frankly, I don't think anyone else cares.

stslimited

hero member

Activity: 546

Merit: 500

share transfer done

djbooth007

newbie

Activity: 55

Merit: 0

Quote from: thefunkybits on October 27, 2013, 11:02:45 PM

Quote from: lobbes on October 27, 2013, 10:39:19 PM

Quote from: djbooth007 on October 27, 2013, 05:55:44 PM

Transfer complete. Feeling a bit nervous about it.

My transfer from AMC to ActiveMining went smoothly, so I don't doubt Ken's ability to sort out shares.

I think hes talking about the fact that shares are being sent back to the company and that theres a chance that the company could just take off with them...I have this same concern and I havent sent shares for the same reason (although I trust ken to follow through on his promise)

That's correct. I have several thousand shares so Im nervous that
1) I transferred correctly
2) Ken will be able to verify them as mine
3) The pissy value of the shares will recover to their former glory
4) We can get some *actual* mining happening paying dividends

Quote from: ?? on ??

Quote from: djbooth007 on October 27, 2013, 05:55:44 PM

Transfer complete. Feeling a bit nervous about it.

Don't be nervous sweetie, it's monopoly money

Monopoly money I can handle. Being called "sweetie" by VE? Now I should be worried! Tongue

thefunkybits

legendary

Activity: 1218

Merit: 1000

Quote from: Sou on October 27, 2013, 11:15:40 PM

Quote from: thefunkybits on October 27, 2013, 11:02:45 PM

Quote from: lobbes on October 27, 2013, 10:39:19 PM

Quote from: djbooth007 on October 27, 2013, 05:55:44 PM

Transfer complete. Feeling a bit nervous about it.

My transfer from AMC to ActiveMining went smoothly, so I don't doubt Ken's ability to sort out shares.

I think hes talking about the fact that shares are being sent back to the company and that theres a chance that the company could just take off with them...I have this same concern and I havent sent shares for the same reason (although I trust ken to follow through on his promise)

This is not the first time people have had to tender their shares back to the company.

But this time there is no timeline as to when or where we are getting them. The last two times we transferred shares we knew we were getting them back in our control in a few days. Now we have no chance to sell and we are throwing them into the dark abyss of Activemining. Ive been involved with this company since July and everything up to this point was cool with me...I would even be down to have my shares transferred to cryptostocks even though theres no liquidity just so I have control over my own shares

naam sayn

Sou

full member

Activity: 210

Merit: 100

(Bitcoin related text here)

Quote from: thefunkybits on October 27, 2013, 11:02:45 PM

Quote from: lobbes on October 27, 2013, 10:39:19 PM

Quote from: djbooth007 on October 27, 2013, 05:55:44 PM

Transfer complete. Feeling a bit nervous about it.

My transfer from AMC to ActiveMining went smoothly, so I don't doubt Ken's ability to sort out shares.

I think hes talking about the fact that shares are being sent back to the company and that theres a chance that the company could just take off with them...I have this same concern and I havent sent shares for the same reason (although I trust ken to follow through on his promise)

This is not the first time people have had to tender their shares back to the company.

thefunkybits

legendary

Activity: 1218

Merit: 1000

Quote from: lobbes on October 27, 2013, 10:39:19 PM

Quote from: djbooth007 on October 27, 2013, 05:55:44 PM

Transfer complete. Feeling a bit nervous about it.

My transfer from AMC to ActiveMining went smoothly, so I don't doubt Ken's ability to sort out shares.

I think hes talking about the fact that shares are being sent back to the company and that theres a chance that the company could just take off with them...I have this same concern and I havent sent shares for the same reason (although I trust ken to follow through on his promise)

lobbes

full member

Activity: 240

Merit: 101

Quote from: djbooth007 on October 27, 2013, 05:55:44 PM

Transfer complete. Feeling a bit nervous about it.

My transfer from AMC to ActiveMining went smoothly, so I don't doubt Ken's ability to sort out shares.

lobbes

full member

Activity: 240

Merit: 101

Quote from: kslaughter on October 27, 2013, 10:00:58 AM

Yes, everyone should have a public bitcoin address that they can sign.

Also keep a full screenshot showing your bitfunder username, and the transfer transaction of the transfer to AMC-TENDER.

This is your proof of the number of shares transferred.

We may need you to send a message from that public bitcoin address with the details of your transfer at a future time.

Please don't PM your transfer information.

zefyr0s

sr. member

Activity: 245

Merit: 250

We may have to verify the address first.

thefunkybits

legendary

Activity: 1218

Merit: 1000

After shares are transferred Dividends will be paid to the public bitcoin address that we listed?

djbooth007

newbie

Activity: 55

Merit: 0

Transfer complete. Feeling a bit nervous about it.

somestranger

hero member

Activity: 487

Merit: 500

Are You Shpongled?

You guys are really overthinking the share transfers. Just send them to the AMC-TENDER account as instructed... no need to take screenshots or anything. If you need that information later you can get it from the Transactions page on Bitfunder. It's not like BF is going to wipe out your account data just because you didn't get verified.

jrodder

copper member

Activity: 23

Merit: 0

Quote from: kslaughter on October 27, 2013, 10:00:58 AM

Quote from: knybe on October 27, 2013, 12:33:28 AM

Quote from: chsados on October 27, 2013, 12:09:36 AM

Quote from: Sou on October 27, 2013, 12:06:43 AM

Quote from: chsados on October 27, 2013, 12:04:23 AM

Can anyone inform me if Ken has officially announced what to do with our shares on bitfunder?

I know he has an exchange in the works but with the looming Nov 1 deadline I need to get my bitfunder shares out ASAP!

Posts from Ken: https://bitcointalksearch.org/user/kslaughter-1707

Thanks, tendered to AMC-TENDER - feels very worrisome but I trust ken.

Are there any other precautions I should take. I have set up my bitfunder with a bitcoin address that I control and can sign from.

EDIT: And just to be absolutely sure, is this the address that is important?

yes that's the one. that address shows on this public list: https://bitfunder.com/assetlist, prior to tendering your shares

EDIT:
I also PM'd Ken the transfer timestamp, my public bitcoin address and number of shares…

Yes, everyone should have a public bitcoin address that they can sign.

Also keep a full screenshot showing your bitfunder username, and the transfer transaction of the transfer to AMC-TENDER.

This is your proof of the number of shares transferred.

We may need you to send a message from that public bitcoin address with the details of your transfer at a future time.

Please don't PM your transfer information.

ARG! I didn't keep a screenshot of the transfer.... I do know how many shares I had and transferred both times though.

DERP. Disregard that, just noticed I still have the screen showing the transfers. Saving now.

JoTheKhan

sr. member

Activity: 378

Merit: 250

Quote from: zumzero on October 27, 2013, 01:55:32 PM

As far as I know you can still buy shares until 1st November if you are not verified and resident outside the US.

Ok thank you, I will have to look into this. Cheesy

zumzero

hero member

Activity: 602

Merit: 500

myBitcoin.Garden

As far as I know you can still buy shares until 1st November if you are not verified and resident outside the US.

JoTheKhan

sr. member

Activity: 378

Merit: 250

Quote from: somestranger on October 27, 2013, 01:34:31 PM

Quote from: thefunkybits on October 27, 2013, 01:02:17 PM

Quote from: JoTheKhan on October 27, 2013, 10:46:04 AM

Transferred over, man I wish I was able to actually buy some more.

its called a VPN, use it!

Yep. Super easy with this guide: https://bitcointalksearch.org/topic/guide-how-to-buy-shares-on-bitfunder-310639 (basically set up VPN and clear cache and cookies then log in to bitfunder). Hop on it now if you want more shares.

But don't you need to be verified to have residence outside of the USA to buy shares?

Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 423. (Read 771288 times)