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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 114. (Read 3917058 times)

legendary
Activity: 980
Merit: 1040
Provide source to back up your claim.

HaveLock operation does NOT comply with US/EU laws. Any company, whose stock is trading on HaveLock, is doing illegal business. HaveLock is awaiting the same fate of GLBSE.

Reading comprehension isnt your strong suit is it? Reread what I wrote you moron.
Probably those blinders you are wearing thinking I was a havelock shill?
sr. member
Activity: 728
Merit: 256
As was saying, sec is not limited to US. And at the least they could block any American users from using Havelock, which I'm assuming is where a good chunk of the userbase is from.

Im quite sure havelock is legally obligated (under US law) to make sure its customers are not US citizens. The same applies to pretty much any industrialized country btw.

Unless the operators of havelock have no intention of ever leaving Panama, they would be very unwise to not comply if/when the SEC tells them. And when that happens, well, we've seen it all before when exchanges start demanding proof of ID/residency.
 

Provide source to back up your claim.

HaveLock operation does NOT comply with US/EU laws. Any company, whose stock is trading on HaveLock, is doing illegal business. HaveLock is awaiting the same fate of GLBSE.
legendary
Activity: 980
Merit: 1040
As was saying, sec is not limited to US. And at the least they could block any American users from using Havelock, which I'm assuming is where a good chunk of the userbase is from.

Im quite sure havelock is legally obligated (under US law) to make sure its customers are not US citizens. The same applies to pretty much any industrialized country btw.

Unless the operators of havelock have no intention of ever leaving Panama, they would be very unwise to not comply if/when the SEC tells them. And when that happens, well, we've seen it all before when exchanges start demanding proof of ID/residency.
 
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
Burnside was an American, so unless an American is running Havelock then there likely wont be much to worry about

False.  You must have gotten into Bitcoin after the GLBSE fiasco.
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
As was saying, sec is not limited to US. And at the least they could block any American users from using Havelock, which I'm assuming is where a good chunk of the userbase is from.
hero member
Activity: 630
Merit: 500
Burnside was an American, so unless an American is running Havelock then there likely wont be much to worry about
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards

Burnside was a good operator far less sketch than some other exchanges
Cough Bitfunder and Weexchange ...
It does make me wonder a bit more about havelock, I wouldn't worry about Mircea that Romanian can hold Her own (lol) and the guy that actually runs mpex has more than enough backups including his Tor one etc.

Jon Montroll, owner of weexchange was way past sketchy: the guy is a criminal. He stole over 5000 btc of his depositors money and absconded with a bunch of loans, never even giving an excuse. Hate this guy so much.

Burnsides SeC ruling worries me on Havelock's operating status. The SeC is basically the banking elites' monopoly enforcement agency , and have a global reach, so at least for American users there must be at least some reason for concern? The SEC is pretty much effectively above the law because they make the law on these matters, any threat to the Big Scam of the endless money machine their masters control will be quickly shutdown (its only the small scale of btc securities that have saved it so far
).

Regarding the recent share price increase (about 50% in the last few days, this is a big deal) I'm taking this as a very good sign regarding gen4, there is definitely some news that hasn't hit us yet. It could be just market manipulation, but I don't think so, because if there wasn't big news we haven't heard yet, then I think the guy with a few hundred shares would be too over exposed at .15 share price if there was no good foundation, because the price would quickly rebound to a more reasonably .10 and loose more money than gained IMHO.  I suppose it is possible its just one guy mostly buying and selling shares to himself...
legendary
Activity: 2128
Merit: 1119
What is up with price lately....seems to be rising! I assume everyone is prepping for gen 4 news?

Yeah, it's crazy, isn't it? Initially I thought there was some announcement about gen 4 by FC or something, but it seems to be some independent buy. There has also been some thoughts it could've been someone manipulating the market by buying into his/her own bids, therefore luring people into buying more shares (his/her own shares at a higher price)

Well that is definitely possible, and would not surprise me at all. I think that gen 4 is make or break for this company, and it it does turn out on spec they should stick to selling bulk chips.
sr. member
Activity: 378
Merit: 250
FURring bitcoin up since 1762
What is up with price lately....seems to be rising! I assume everyone is prepping for gen 4 news?

Yeah, it's crazy, isn't it? Initially I thought there was some announcement about gen 4 by FC or something, but it seems to be some independent buy. There has also been some thoughts it could've been someone manipulating the market by buying into his/her own bids, therefore luring people into buying more shares (his/her own shares at a higher price)
legendary
Activity: 2128
Merit: 1119

Right, but with a lifetime ban from securities markets and an inflation rate that's about to ignite again...let's hope he kept it in bitcoin.  Burnside always came off a good dude; I always trusted him and BTC-TC.


I believe it said 2 year ban... ?

That is how I read it 2 years only. What is up with price lately....seems to be rising! I assume everyone is prepping for gen 4 news?
legendary
Activity: 2016
Merit: 1259

Right, but with a lifetime ban from securities markets and an inflation rate that's about to ignite again...let's hope he kept it in bitcoin.  Burnside always came off a good dude; I always trusted him and BTC-TC.


I believe it said 2 year ban... ?
hero member
Activity: 938
Merit: 502

Right, but with a lifetime ban from securities markets and an inflation rate that's about to ignite again...let's hope he kept it in bitcoin.  Burnside always came off a good dude; I always trusted him and BTC-TC.

Just to add to what I'd said yesterday - anyone remember when the AM share price erupted to over 0.30 over the summer on very, very thin news (the announcement of the open-sourcing of the Tubes, if I remember correctly)...someone controls the bots that have had ~100 share large orders on both the bid and ask books covering the spread this whole time.  After over a year of extremely volatile trading in the AM equity markets, I would guess that individual's quarterly profits would dwarf Havelock's annual revenues by at least an order of magnitude...
member
Activity: 60
Merit: 10
bids are piling up with about 50BTC vying for shares @ 0.1 or above on HI.
i think it must be friedcat said something,so quickly take a look,and nothing Cheesy
legendary
Activity: 947
Merit: 1008
central banking = outdated protocol
bids are piling up with about 50BTC vying for shares @ 0.1 or above on HI.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)

Burnside was a good operator far less sketch than some other exchanges
Cough Bitfunder and Weexchange ...
It does make me wonder a bit more about havelock, I wouldn't worry about Mircea that Romanian can hold Her own (lol) and the guy that actually runs mpex has more than enough backups including his Tor one etc.
sr. member
Activity: 313
Merit: 250
How does one go about transferring their ASICMINER shares to a new holder?  I PM'd friedcat, but I didn't know where else to start.

Try via email, his forum account was not online since 28th november.
Look here: https://www.havelockinvestments.com/fund.php?symbol=AM1 for his gmail address (under: how to import direct shares).
legendary
Activity: 1036
Merit: 1000
Nighty Night Don't Let The Trolls Bite Nom Nom Nom
legendary
Activity: 896
Merit: 1001
How does one go about transferring their ASICMINER shares to a new holder?  I PM'd friedcat, but I didn't know where else to start.

This was during the summer so it probably is the same: 

PM friedcat with the new owner address with email address using a signed message from the direct share address.  Friedcat responds usually when dividends are paid-out or whenever he gets around to it.

The latest 'dividends' was suppose to help clear up some of the backlog of share transfers.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
How does one go about transferring their ASICMINER shares to a new holder?  I PM'd friedcat, but I didn't know where else to start.
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