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Topic: AMC Discussion Thread (not self moderated) - page 3. (Read 5059 times)

sr. member
Activity: 476
Merit: 250
Hmm... google seems to disagree anyway:

Quote
busi·ness 
/ˈbiznis/
Noun

    A person's regular occupation, profession, or trade.
    An activity that someone is engaged in.


That is not the Legal definition, you need to look it up in a Legal dictionary,

business n. any activity or enterprise entered into for profit. It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors. It is sometimes significant to determine if an accident, visit, travel, meal or other activity was part of "business" or for pleasure or no particular purpose.

http://legal-dictionary.thefreedictionary.com/business

Is this argument relevant? 

No too much, however burnside was questioning a corporation that I had.

I have just opened up the [BitFunder] AMC - The Official Active Mining Cooperative Discussion so you may want to post there
any questions there.  I won't be answer questions here just fighting fires here.
hero member
Activity: 763
Merit: 500
Hmm... google seems to disagree anyway:

Quote
busi·ness 
/ˈbiznis/
Noun

    A person's regular occupation, profession, or trade.
    An activity that someone is engaged in.


That is not the Legal definition, you need to look it up in a Legal dictionary,

business n. any activity or enterprise entered into for profit. It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors. It is sometimes significant to determine if an accident, visit, travel, meal or other activity was part of "business" or for pleasure or no particular purpose.

http://legal-dictionary.thefreedictionary.com/business

Is this argument relevant? 
sr. member
Activity: 476
Merit: 250
Hmm... google seems to disagree anyway:

Quote
busi·ness 
/ˈbiznis/
Noun

    A person's regular occupation, profession, or trade.
    An activity that someone is engaged in.


That is not the Legal definition, you need to look it up in a Legal dictionary,

business n. any activity or enterprise entered into for profit. It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors. It is sometimes significant to determine if an accident, visit, travel, meal or other activity was part of "business" or for pleasure or no particular purpose.

http://legal-dictionary.thefreedictionary.com/business
legendary
Activity: 1106
Merit: 1006
Lead Blockchain Developer
Hmm... google seems to disagree anyway:

Quote
busi·ness 
/ˈbiznis/
Noun

    A person's regular occupation, profession, or trade.
    An activity that someone is engaged in.
legendary
Activity: 1106
Merit: 1006
Lead Blockchain Developer
You are so smart, tell me how I was conducting business in the state of Missouri.  Also by the way you have not disclosed where your BTC Trading Corp is registered, because in my
opinion it is most likely not registrated. 

Honestly, I don't really think I am all that smart.  I'm actually very average.

Ordering online as Virtual Mining, INC... from Missouri, for delivery in Missouri, and operation in Missouri = conducting business in Missouri.  no?

No, just looked up the legal definition of a business, which is to do some activity to make a profit.  Ordering something online to be able to use, is not conducting
business.

Good to know you're not planning to make a profit.  Are you going to shut down the asset now?
sr. member
Activity: 476
Merit: 250
You are so smart, tell me how I was conducting business in the state of Missouri.  Also by the way you have not disclosed where your BTC Trading Corp is registered, because in my
opinion it is most likely not registrated. 

Honestly, I don't really think I am all that smart.  I'm actually very average.

Ordering online as Virtual Mining, INC... from Missouri, for delivery in Missouri, and operation in Missouri = conducting business in Missouri.  no?

No, just looked up the legal definition of a business, which is to do some activity to make a profit.  Ordering something online to be able to use, is not conducting
business.
legendary
Activity: 1106
Merit: 1006
Lead Blockchain Developer
You are so smart, tell me how I was conducting business in the state of Missouri.  Also by the way you have not disclosed where your BTC Trading Corp is registered, because in my
opinion it is most likely not registrated. 

Honestly, I don't really think I am all that smart.  I'm actually very average.

Ordering online as Virtual Mining, INC... from Missouri, for delivery in Missouri, and operation in Missouri = conducting business in Missouri.  no?
vip
Activity: 1316
Merit: 1043
👻
Wait, you are currently in the united states?

I want to know what Ukto was taking on the day he approved this asset
sr. member
Activity: 476
Merit: 250
BitFunder is way too awesome to let harebrained schemes like AMC ruin its reputation.   Embarrassed

Ukyo, please pay DT, deprived, MPOE-PR, and TF to act as gatekeepers/benevolent dictators for you WRT new listings. 

I'm with you on this one. I'm not so sure all those people would actually help, but I do think a team/consultant/soft-release process is due.

ThickAsThieves, and you want to be on the team or be the consultant.

I agreed with iCEBREAKER because, yes, I am putting out the feelers to get a consulting group together.

Yes, and thank you for all of your help.  You really know what you are talking about.
hero member
Activity: 518
Merit: 500
BitFunder is way too awesome to let harebrained schemes like AMC ruin its reputation.   Embarrassed

Ukyo, please pay DT, deprived, MPOE-PR, and TF to act as gatekeepers/benevolent dictators for you WRT new listings. 

I'm with you on this one. I'm not so sure all those people would actually help, but I do think a team/consultant/soft-release process is due.

ThickAsThieves, and you want to be on the team or be the consultant.

I agreed with iCEBREAKER because, yes, I am putting out the feelers to get a consulting group together.
hero member
Activity: 756
Merit: 522
BitFunder is way too awesome to let harebrained schemes like AMC ruin its reputation.   Embarrassed

Ukyo, please pay DT, deprived, MPOE-PR, and TF to act as gatekeepers/benevolent dictators for you WRT new listings. 

Got to laugh at the idea of Ukyo paying MPOE-PR to vet security listings (and the idea of MPOE-PR accepting).

You DO realise who MPOE-PR works for?

So what's the problem?
hero member
Activity: 532
Merit: 500
BitFunder is way too awesome to let harebrained schemes like AMC ruin its reputation.   Embarrassed

Ukyo, please pay DT, deprived, MPOE-PR, and TF to act as gatekeepers/benevolent dictators for you WRT new listings. 

Got to laugh at the idea of Ukyo paying MPOE-PR to vet security listings (and the idea of MPOE-PR accepting).

You DO realise who MPOE-PR works for?
sr. member
Activity: 476
Merit: 250
BitFunder is way too awesome to let harebrained schemes like AMC ruin its reputation.   Embarrassed

Ukyo, please pay DT, deprived, MPOE-PR, and TF to act as gatekeepers/benevolent dictators for you WRT new listings. 

I'm with you on this one. I'm not so sure all those people would actually help, but I do think a team/consultant/soft-release process is due.

ThickAsThieves, and you want to be on the team or be the consultant.
hero member
Activity: 518
Merit: 500
BitFunder is way too awesome to let harebrained schemes like AMC ruin its reputation.   Embarrassed

Ukyo, please pay DT, deprived, MPOE-PR, and TF to act as gatekeepers/benevolent dictators for you WRT new listings. 

I'm with you on this one. I'm not so sure all those people would actually help, but I do think a team/consultant/soft-release process is due.
sr. member
Activity: 476
Merit: 250
BitFunder is way too awesome to let harebrained schemes like AMC ruin its reputation.   Embarrassed

Ukyo, please pay DT, deprived, MPOE-PR, and TF to act as gatekeepers/benevolent dictators for you WRT new listings.  

Why is it a harebrained scheme?
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
BitFunder is way too awesome to let harebrained schemes like AMC ruin its reputation.   Embarrassed

Ukyo, please pay DT, deprived, MPOE-PR, and TF to act as gatekeepers/benevolent dictators for you WRT new listings. 
sr. member
Activity: 476
Merit: 250
The early-adopter shares will be sold for no less that .01, we are going to need capital for development of the 45nm chip, so we
will be selling a lot more at .01 if we can make a deal with the Major Semiconductor Company we are talking with.
Yes, if we need to sell them to raise capital for development.

How about you see here instead.

Thanks, WOT? Web Of Trust?

Ken
hero member
Activity: 756
Merit: 522
The early-adopter shares will be sold for no less that .01, we are going to need capital for development of the 45nm chip, so we
will be selling a lot more at .01 if we can make a deal with the Major Semiconductor Company we are talking with.
Yes, if we need to sell them to raise capital for development.

How about you see here instead.
sr. member
Activity: 476
Merit: 250
Not sure if its a scam or its just a misguided security.

The numbers were reworked. He still expects to have more than 51% of the hashing power.

Quote
Est Gross(less power) Revenue 12 Months 708,686.98 BTC

If he is serious, then the best thing for him to do is rework the IPO for 6 Avalon units only - what he has already pre-ordered. And then fund his growth from there AFTER showing that he can successfully mine.

Well, Yes if I buy or develop that many machines I would have that much power.  Our 45nm chips are expected to 6GH/s each.
Cool, wanna do a 100 BTC bet (pirateat40 style) that you'll ship me a 45nm ASIC mining device before the end of the year? Better returns than the "70%" you mentioned.

Or that you'll get over 50% of the bitcoin network hashpower?

I know the answer already and you're going to say no.

Well, I won't say no yet.  Will you escrow it?

Are you serious? You are willing to bet 100 BTC on your ability to own over 50% of total hashing power?
Whats the timeline for the bet? End of the year?
I would love to get in on it too. We can use escrow.

Yes, when I am 100% sure I can deliver a 45nm, 6GH/s mining unit.
sr. member
Activity: 476
Merit: 250
He still expects to have more than 51% of the network hashpower?

Roll Eyes

TradeFortress, Not really, I know everyone does not want one person to have over 50% of the hashing power.  I think the same way.  Yes, I would like to build a big mining and development company, but by the time I have that much hashing power the network will be 200TH-400TH who knows with all these ASIC machines coming out.

Ken
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