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Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 499. (Read 771288 times)

legendary
Activity: 1176
Merit: 1015
This would be a good time to think of what to do when BF also closes down, because its only a matter of time IMO.

A bitcoin exchange will exist at some point, if BF goes down we can trade shares off exchange. Its possible to register a dividend and ownership addresses similar to what ASICMINER does. But one thing at a time, lets get on BF first.
legendary
Activity: 980
Merit: 1040
BTC-TC SHUTDOWN INFORMATION


BTC-TC Investors will be able to transfer their shares to Bitfunder before the shutdown.

ActiveMining will post the information on the procedure to transfer shares to Bitfunder later today in this thread.

This would be a good time to think of what to do when BF also closes down, because its only a matter of time IMO.
full member
Activity: 210
Merit: 100
Surely the Belize government, home of ActM, will intervene on Ken's behalf?  Naked aggression by US regulators encroaching upon the rights of Belize corporations will not be tolerated!  Hold, Spartans!
sr. member
Activity: 378
Merit: 250
Thank you Ken!

I wanna be apart of Active for the Long Haul!
sr. member
Activity: 476
Merit: 250
BTC-TC SHUTDOWN INFORMATION


BTC-TC Investors will be able to transfer their shares to Bitfunder before the shutdown.

ActiveMining will post the information on the procedure to transfer shares to Bitfunder later today in this thread.

Edit:  And also in our Announcements thread.
legendary
Activity: 1092
Merit: 1001
Touchdown
Time to pick up some cheap shares on btct.co Smiley
There have been some crazy bargains across the board today, all things considered. Unfortunately, all my BTC is tied up. Sad
sr. member
Activity: 283
Merit: 250
Just a quick note on the BTC-TC shutdown.

We will be looking into this problem today, and will post a solution later today.  All investors on BTC-TC should have their bitcoin address set.  Also, I would have a bitfunder account set up if you don't already have one.


On the ball, thank you Ken.

This would be a great time to show ActiveMinings forward thinking by being one of the first major securities to facilitate a working fix for its shareholders.
legendary
Activity: 1092
Merit: 1001
Touchdown
Just a quick note on the BTC-TC shutdown.

We will be looking into this problem today, and will post a solution later today.  All investors on BTC-TC should have their bitcoin address set.  Also, I would have a bitfunder account set up if you don't already have one.


Thanks for the update, Ken.

[Can people please stop panicking now. Cheesy This is going to take time to sort out. Weeks, possibly, which I know is an eternity in bitcoin land, but it is what it is. Relax, deep breaths.]
member
Activity: 70
Merit: 10
Thanks for the quick response Ken.
sr. member
Activity: 476
Merit: 250
Just a quick note on the BTC-TC shutdown.

We will be looking into this problem today, and will post a solution later today.  All investors on BTC-TC should have their bitcoin address set.  Also, I would have a bitfunder account set up if you don't already have one.

hero member
Activity: 532
Merit: 500
https://karatcoin.co
Just an excerpt from my panicked chat with Ukyo:

You may not have answers for me, but I'll shoot anyways.
Is it possible for ActM holders to have shares transfered over to BF?
sure. talk to ken
Tongue
I have no control over actm on btct
user list
etc

Let's move on this, Ken.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
IMPORTANT NOTICE TO ALL BTC TRADING CORP WEBSITE PARTICIPANTS

As a result of recent changes in the virtual currency regulatory environment, the btct.co and litecoinglobal.com virtual stock market websites will be closing down.  The following is our current schedule:

Approximately a week ago, both sites were closed to any new users and new asset creation was disabled.
 
Effective immediately, in conjunction with this release, trading will be halted, all order books cleared, and trading re-enabled.
 
October 7, 2013, all forms of secondary market trading will be halted on both sites.
 
Approximately October 31, 2013, both sites will be taken offline.  It is strongly suggested that participants take the following steps to protect all of their virtual assets:
 
All participants should take steps to transfer all of your BTC and LTC (and any other data you wish to keep, such as CSV trade histories) held on the sites to your personal computer or another trusted site.
 
All participants should make sure that their public BTC or LTC address is properly set in the Account page on the Settings tab whereby it can be shared with all issuers.
 
All “issuers” should have the contact information concerning their “investors”, and we ask that all “issuers” communicate with their “investors” as soon as possible as to how they will ensure that all are treated appropriately.

We regret this development. However, we want to do everything we can to minimize problems arising from this transition.  It is our goal to keep this shutdown orderly and calm.

Thank you for your participation, creativity, loyalty and sense of community over the past year.  Additional communications will follow as we work out the details.

Ethan Burnside
BTC Trading Corp.

How will dissolution occur
*For future posters just make sure the question is always on the same page so its not missed Smiley*
hero member
Activity: 602
Merit: 500
myBitcoin.Garden
Are people just selling at a loss and then buying up on Bitfunder?

I am selling but not buying any at the moment, just want actual Bitcoins, this story does not end well.

Calm down.  Stop panicking.
hero member
Activity: 886
Merit: 1013
I would be interested in how the transfer is planned. I'm not too fussed to sell my shares. I would rather have them transferred.
legendary
Activity: 980
Merit: 1040
even if its just hours, the man would barely have had time to speak to legal counsel or explore options like moving the shares elsewhere or taking them off exchange and make them compliant a la gigamining.
What more could you expect from him than "Im aware of the situation and Im looking in to possible solutions"?
sr. member
Activity: 384
Merit: 250
bitfunder has an open asset list which means that if the site gets shut down everyone will still have the information of how many shares are owned by each bitcoin address.

and thus someone can make a new trading platform and migrate those shares on the asset list over there.

The same thing was forced on btct.co the last few days. You had to specify a public btc address and could not trade without one, so burnside should have such an asset list.
sr. member
Activity: 378
Merit: 250
Oh I had no idea that this news just came out. These posts say like 8:xx am. I thought this was posted over 12 hours ago seeing as it is night time where I am at.
sr. member
Activity: 275
Merit: 250
bitfunder has an open asset list which means that if the site gets shut down everyone will still have the information of how many shares are owned by each bitcoin address.

and thus someone can make a new trading platform and migrate those shares on the asset list over there.
sr. member
Activity: 384
Merit: 250
Even if he is not sleeping, its not reasonable to expect him to come up with a well though out plan mere minutes after btct announced its closing its doors.

I agree and really believe that it won't be an issue to transfer the shares over to bitfunder. It might be a hell lot of work but doable.
legendary
Activity: 980
Merit: 1040
Even if he is not sleeping, its not reasonable to expect him to come up with a well though out plan mere minutes after btct announced its closing its doors.
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