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Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 466. (Read 771288 times)

full member
Activity: 203
Merit: 100
Blockchain.info seems to offer Bitcoin escrow, but not stock escrow.
newbie
Activity: 55
Merit: 0
If we want to sell our shares at some point, how will that be done on ActM shares site?



...Due to the current environment we will not be enabling trading on this site...

...After we obtain legal advice which says that we are ok to do this, we will implement on the site, a direct escrow transfer system...

Long Term Solution:

We will implement a direct transfer system using colored coins.

The direct escrow transfer system will allow an Investor to transfer shares to another Investor after they have made a deal outside of the site (Forum, IRC, eMail, etc.).   Since it is an escrow system the Investor buying the shares has to have the BTC in his account.  When the transfer is made and accepted, then the shares are transferred to the buyer and the BTC is transferred to the Seller.


On site escrow transactions would be much more user friendly. Blockchain offer escrow multi-sig service described here:
https://blockchain.info/wallet/escrow
sr. member
Activity: 476
Merit: 250
If we want to sell our shares at some point, how will that be done on ActM shares site?



...Due to the current environment we will not be enabling trading on this site...

...After we obtain legal advice which says that we are ok to do this, we will implement on the site, a direct escrow transfer system...

Long Term Solution:

We will implement a direct transfer system using colored coins.

The direct escrow transfer system will allow an Investor to transfer shares to another Investor after they have made a deal outside of the site (Forum, IRC, eMail, etc.).   Since it is an escrow system the Investor buying the shares has to have the BTC in his account.  When the transfer is made and accepted, then the shares are transferred to the buyer and the BTC is transferred to the Seller.
sr. member
Activity: 378
Merit: 250
If we want to sell our shares at some point, how will that be done on ActM shares site?
full member
Activity: 147
Merit: 100
ANNOUNCEMENT

Short Term Solution:

We now have a solution to the Bitfunder problem for our Investors who choose or are forced to not stay on Bitfunder.  Our own Stock Exchange is finished and is undergoing final implemtation testing and setup.  Due to the current environment we will not be enabling trading on this site; however, it will be used to store anyones shares and to pay dividends.

After we obtain legal advice which says that we are ok to do this, we will implement on the site, a direct escrow transfer system.

Long Term Solution:

We will implement a direct transfer system using colored coins.

Hooray!! =D
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
VMC Sales:

3rd Quarter 2013           $1,404,217

kenslaughter... so thats 10030BTC for the months July to September for miner sales? Are those already paid out as divs, will this come in the next time or did i misunderstood something about this?

Divs from miner sales will probably be paid when products are shipped.

But whats the status of the hardware then? I mean there is a tiny div each week but i dont know what this means. Is that already the own asic design at work or other hardware?
I only mean when is the point when these sold miners are shipped and when is the mine really hashing?  (For labcoin i at least know the claimed problem is a heatproblem in chip design (if true) but i dont have a clue whats going on with ActiveMining. Which is stupid when being invested in.


Current divs are from 6 avalons hashing: https://bitcointalksearch.org/topic/m.3192905

From what I understand, sample chips should arrive in the next few weeks: https://bitcointalksearch.org/topic/m.3192907

I might have gotten allergic against all this missing info and missed timeframes... i hope it works out...
legendary
Activity: 1218
Merit: 1000
ANNOUNCEMENT

Short Term Solution:

We now have a solution to the Bitfunder problem for our Investors who choose or are forced to not stay on Bitfunder.  Our own Stock Exchange is finished and is undergoing final implemtation testing and setup.  Due to the current environment we will not be enabling trading on this site; however, it will be used to store anyones shares and to pay dividends.

After we obtain legal advice which says that we are ok to do this, we will implement on the site, a direct escrow transfer system.

Long Term Solution:

We will implement a direct transfer system using colored coins.


This is great to hear! Alot of attention will be brought to ACTM if we are the first ones to implement colored coins.

Also with no trading allowed on the "new site" this will put demand through the roof! I would feel uneasy if this was the case for an extended period of time however
sr. member
Activity: 384
Merit: 250
VMC Sales:

3rd Quarter 2013           $1,404,217

kenslaughter... so thats 10030BTC for the months July to September for miner sales? Are those already paid out as divs, will this come in the next time or did i misunderstood something about this?

Divs from miner sales will probably be paid when products are shipped.

But whats the status of the hardware then? I mean there is a tiny div each week but i dont know what this means. Is that already the own asic design at work or other hardware?
I only mean when is the point when these sold miners are shipped and when is the mine really hashing?  (For labcoin i at least know the claimed problem is a heatproblem in chip design (if true) but i dont have a clue whats going on with ActiveMining. Which is stupid when being invested in.


Current divs are from 6 avalons hashing: https://bitcointalksearch.org/topic/m.3192905

From what I understand, sample chips should arrive in the next few weeks: https://bitcointalksearch.org/topic/m.3192907
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
VMC Sales:

3rd Quarter 2013           $1,404,217

kenslaughter... so thats 10030BTC for the months July to September for miner sales? Are those already paid out as divs, will this come in the next time or did i misunderstood something about this?

Divs from miner sales will probably be paid when products are shipped.

But whats the status of the hardware then? I mean there is a tiny div each week but i dont know what this means. Is that already the own asic design at work or other hardware?
I only mean when is the point when these sold miners are shipped and when is the mine really hashing?  (For labcoin i at least know the claimed problem is a heatproblem in chip design (if true) but i dont have a clue whats going on with ActiveMining. Which is stupid when being invested in.
sr. member
Activity: 275
Merit: 250
VMC Sales:

3rd Quarter 2013           $1,404,217

kenslaughter... so thats 10030BTC for the months July to September for miner sales? Are those already paid out as divs, will this come in the next time or did i misunderstood something about this?

Divs from miner sales will probably be paid when products are shipped.

Yes, they must be held as a guarantee for costumers.
sr. member
Activity: 384
Merit: 250
VMC Sales:

3rd Quarter 2013           $1,404,217

kenslaughter... so thats 10030BTC for the months July to September for miner sales? Are those already paid out as divs, will this come in the next time or did i misunderstood something about this?

Divs from miner sales will probably be paid when products are shipped.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
VMC Sales:

3rd Quarter 2013           $1,404,217

kenslaughter... so thats 10030BTC for the months July to September for miner sales? Are those already paid out as divs, will this come in the next time or did i misunderstood something about this?
hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
Wow very cool.

ACTIVEMINING is in an awesome position to be the first in the field of decentralized securities.

Some pioneering going on!
Sou
full member
Activity: 210
Merit: 100
(Bitcoin related text here)
ANNOUNCEMENT

Short Term Solution:

We now have a solution to the Bitfunder problem for our Investors who choose or are forced to not stay on Bitfunder.  Our own Stock Exchange is finished and is undergoing final implemtation testing and setup.  Due to the current environment we will not be enabling trading on this site; however, it will be used to store anyones shares and to pay dividends.

After we obtain legal advice which says that we are ok to do this, we will implement on the site, a direct escrow transfer system.

Long Term Solution:

We will implement a direct transfer system using colored coins.

awesome shit ken.

Do you think we could list other securities in the future in the exchange while using colored coins?

I think that's the plan  Cool
hero member
Activity: 490
Merit: 500
ANNOUNCEMENT

Short Term Solution:

We now have a solution to the Bitfunder problem for our Investors who choose or are forced to not stay on Bitfunder.  Our own Stock Exchange is finished and is undergoing final implemtation testing and setup.  Due to the current environment we will not be enabling trading on this site; however, it will be used to store anyones shares and to pay dividends.

After we obtain legal advice which says that we are ok to do this, we will implement on the site, a direct escrow transfer system.

Long Term Solution:

We will implement a direct transfer system using colored coins.

awesome shit ken.

Do you think we could list other securities in the future in the exchange while using colored coins?
Sou
full member
Activity: 210
Merit: 100
(Bitcoin related text here)
WHY? How is it different from direct shares? Sad at least ,bitfunder can trade

Then stay on Bitfunder.
member
Activity: 105
Merit: 10
WHY? How is it different from direct shares? Sad at least ,bitfunder can trade
sr. member
Activity: 476
Merit: 250
Very cool!
Is the plan to have other securities listed there as well?
If so, will this be an additional revenue vehicle for ActiveMining?
Looking forward to a more detailed sales report. Things are starting to get pretty interesting.

No, not at this time due to current environment.  We would have to do what Bitfunder is doing with US citizens.  We will be trying to use a lot of the technology in our new site in our colored coins development.  We expect that our colored coins development will generate additional revenue for ActiveMining.
Sou
full member
Activity: 210
Merit: 100
(Bitcoin related text here)
VMC Sales:

3rd Quarter 2013           $1,404,217

That means like $1.3mil in sales in september, up from:
August sales:
Total           $89,969.00
July Sales:
Total             $20,495.00

Extremely promising!

Your math is off.
newbie
Activity: 22
Merit: 0
Very cool!
Is the plan to have other securities listed there as well?
If so, will this be an additional revenue vehicle for ActiveMining?
Looking forward to a more detailed sales report. Things are starting to get pretty interesting.
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