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Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 496. (Read 771302 times)

sr. member
Activity: 264
Merit: 250
So, how this move from btc-tc > bitfunder(?) will go actually? What shareholders needs to do?
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
Lets not put all our eggs in one basket or exchange until the dust settles but evaluate it over time

Thanks for all the updates Ken
sr. member
Activity: 266
Merit: 250
sr. member
Activity: 275
Merit: 250
I'm not a big fan of Bitfunder either, but let's not complicate this at the moment. The important thing is to maintain liquidity, so immediately moving to Bitfunder makes the most sense as no setup is required.

Let's merge everything into BitFunder for liquidity purposes.

+1
sr. member
Activity: 420
Merit: 250
I'm not a big fan of Bitfunder either, but let's not complicate this at the moment. The important thing is to maintain liquidity, so immediately moving to Bitfunder makes the most sense as no setup is required.

Let's merge everything into BitFunder for liquidity purposes.

No, setup is required, as we already have planned for this.  All I have to do is take the shares off of BTC-TC and issue the shares on Bitfunder.

Yes, kudos for forward thinking Ken. We're in much better shape than many other assets, so a thank you is definitely in order. Thanks! Smiley

Once things are stable, diversifying to Havelock will help reduce our risk yet again, should something similar happen with Bitfunder. One silver lining to all of this may be that more attention is given to the development of a decentralized exchange to minimize regulatory risk in the future.

sr. member
Activity: 476
Merit: 250
I'm not a big fan of Bitfunder either, but let's not complicate this at the moment. The important thing is to maintain liquidity, so immediately moving to Bitfunder makes the most sense as no setup is required.

Let's merge everything into BitFunder for liquidity purposes.

No, setup is required, as we already have planned for this.  All I have to do is take the shares off of BTC-TC and issue the shares on Bitfunder.

I'm assuming you are going to be doing this on or shortly after October 7th?

Quote
October 7, 2013, all forms of secondary market trading will be halted on both sites.

Thank you for the clarification Smiley

Seems like that would be what we would do.
sr. member
Activity: 476
Merit: 250
I'm not a big fan of Bitfunder either, but let's not complicate this at the moment. The important thing is to maintain liquidity, so immediately moving to Bitfunder makes the most sense as no setup is required.

Let's merge everything into BitFunder for liquidity purposes.

No, setup is required, as we already have planned for this.  All I have to do is take the shares off of BTC-TC and issue the shares on Bitfunder.
sr. member
Activity: 266
Merit: 250
I'm not a big fan of Bitfunder either, but let's not complicate this at the moment. The important thing is to maintain liquidity, so immediately moving to Bitfunder makes the most sense as no setup is required.

Let's merge everything into BitFunder for liquidity purposes.

+1

+1

-1 Let's merge everything at Havelock for liquidity purposes.

-1 Let's try to be realistic.  Ken has so far shown little interest in getting us listed on Havelock in the immediate future.  While I really want to see us on there, I do not see it happening in the near term.  Bitfunder will be the easiest solution for the time being.
sr. member
Activity: 476
Merit: 250
Ken, would our ActM shares also grant us a stake in the AMC Exchange, in the event that it goes live?  Wink

according to Ken, yes Smiley

AMC already has a Stock Exchange built and is in the testing phase.  

If BF failed and we used that exchange, would it be owned by the shareholder and would we receive the trade fee as a dividend?

Yes, at this time AMC owns the exchange.
"

He also stated that he would have to move the exchange under a different corporation due to licensing issues... So, if it isn't owned by AMC do we get a stake in the transfer fees?

Yes, the profit would go to AMC as that corporation would be owned by AMC.
legendary
Activity: 1442
Merit: 1001

-1 Let's merge everything at Havelock for liquidity purposes.

I believe that there's no question that BF has more liquidity than Havelock. Havelock has some better features like notifications, however.
legendary
Activity: 1442
Merit: 1001
I'm not a big fan of Bitfunder either, but let's not complicate this at the moment. The important thing is to maintain liquidity, so immediately moving to Bitfunder makes the most sense as no setup is required.

Let's merge everything into BitFunder for liquidity purposes.

I'm sure Ukyo is giggling like a school girl when he hears stuff like that. Well, aside from the worries about the same issues that threatened BTCT.
sr. member
Activity: 462
Merit: 250
I'm not a big fan of Bitfunder either, but let's not complicate this at the moment. The important thing is to maintain liquidity, so immediately moving to Bitfunder makes the most sense as no setup is required.

Let's merge everything into BitFunder for liquidity purposes.

+1

+1

-1 Let's merge everything at Havelock for liquidity purposes.
sr. member
Activity: 384
Merit: 250
I'm not a big fan of Bitfunder either, but let's not complicate this at the moment. The important thing is to maintain liquidity, so immediately moving to Bitfunder makes the most sense as no setup is required.

Let's merge everything into BitFunder for liquidity purposes.

+1

+1
sr. member
Activity: 266
Merit: 250
I'm not a big fan of Bitfunder either, but let's not complicate this at the moment. The important thing is to maintain liquidity, so immediately moving to Bitfunder makes the most sense as no setup is required.

Let's merge everything into BitFunder for liquidity purposes.

+1
sr. member
Activity: 350
Merit: 250
I'm not a big fan of Bitfunder either, but let's not complicate this at the moment. The important thing is to maintain liquidity, so immediately moving to Bitfunder makes the most sense as no setup is required.

Let's merge everything into BitFunder for liquidity purposes.
sr. member
Activity: 283
Merit: 250
Sure, that is a possibility also.

I think BF for the immediate future is the best idea. At least it would join both the markets finally.

IMHO Havelock is a much better choice.

I'm not a big fan of Bitfunder either, but let's not complicate this at the moment. The important thing is to maintain liquidity, so immediately moving to Bitfunder makes the most sense as no setup is required.

Yes, these are my thoughts on this too.
hero member
Activity: 602
Merit: 500
myBitcoin.Garden
legendary
Activity: 980
Merit: 1040
Have to say Im impressed by the foresight of already having developed your own exchange as "plan C". Ken may not be a marketing genius, but he is showing something here.
sr. member
Activity: 420
Merit: 250
Sure, that is a possibility also.

I think BF for the immediate future is the best idea. At least it would join both the markets finally.

IMHO Havelock is a much better choice.

I'm not a big fan of Bitfunder either, but let's not complicate this at the moment. The important thing is to maintain liquidity, so immediately moving to Bitfunder makes the most sense as no setup is required.
full member
Activity: 210
Merit: 100
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