Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1315. (Read 3917029 times)
October 07, 2012, 04:25:05 AM
Pirate wasnt known in person am i right? If he would i guess he wouldnt be happy now with all the persons following him to get the money. And chance would be some of them arent the normal user type and would use different "approaches" to get their money back.
October 07, 2012, 03:33:11 AM
Right. Like Pirate, and whatzisface, and whoozit, and that other chap, oh and that gang of them, and those others before that, and on and on...
-MarkM-
-MarkM-
October 07, 2012, 03:29:51 AM
Thanks for info friedcat. I dont think they want to scam because it looks like only 600BTC of customermoney were in glbse. So i think it isnt enough to create such big scam. I think they will give the details at some point. Hopefully soon.
I don't think it's a scam either but you're wrong about the amount of bitcoin. The 600 BTC is only the amount Theymos has control over. He has said that the total probably is somewhere around 6000-8000 BTC.Hm... ok, that sounds more like a scam would be worth the work and time. But then... nefario is known in person. He would have a hard time running away with the money.
October 07, 2012, 02:58:27 AM
Thanks for info friedcat. I dont think they want to scam because it looks like only 600BTC of customermoney were in glbse. So i think it isnt enough to create such big scam. I think they will give the details at some point. Hopefully soon.
I don't think it's a scam either but you're wrong about the amount of bitcoin. The 600 BTC is only the amount Theymos has control over. He has said that the total probably is somewhere around 6000-8000 BTC. 
October 06, 2012, 11:22:41 PM
Except that exchanging using coloured coins would presumably be by "atomic transactions", so that the trading platform would construct transactions that, once signed by both parties to the transaction, would result in each party holding themselves directly what they traded for. Likely with the transaction having included some outputs to the platform as fees.
Yes. that very much depends on how the exchange implements it. October 06, 2012, 11:01:25 PM
Except that exchanging using coloured coins would presumably be by "atomic transactions", so that the trading platform would construct transactions that, once signed by both parties to the transaction, would result in each party holding themselves directly what they traded for. Likely with the transaction having included some outputs to the platform as fees.
-MarkM-
-MarkM-
October 06, 2012, 10:41:09 PM
BTC-devs should implement easy interface to the client so we could use the blockchain for holding/trading stocks asap. This is so god damn annoying.
Actually the fact that the shares are NOT stored in some form in the blockchain may be an advantage. Otherwise shares which were online at GLBSE at the time of the shutdown would be locked into GLBSE funds.AFAIK, it would be more like a "company" would only use one Bitcoin (or less if wanted) to issue all shares, as in percentage of that particular coin. For example holding a certain "colored" 0.3 BTC in my wallet would be 30% of those shares. You could use the same mechanism for voting too. Send those shares back and forth, and those would register as votes. I haven't read all too much bout it, but that is how I have understood it. Correct if I'm wrong.
October 06, 2012, 10:11:56 PM
BTC-devs should implement easy interface to the client so we could use the blockchain for holding/trading stocks asap. This is so god damn annoying.
Actually the fact that the shares are NOT stored in some form in the blockchain may be an advantage. Otherwise shares which were online at GLBSE at the time of the shutdown would be locked into GLBSE funds.AFAIK, it would be more like a "company" would only use one Bitcoin (or less if wanted) to issue all shares, as in percentage of that particular coin. For example holding a certain "colored" 0.3 BTC in my wallet would be 30% of those shares. You could use the same mechanism for voting too. Send those shares back and forth, and those would register as votes. I haven't read all too much bout it, but that is how I have understood it. Correct if I'm wrong.
October 06, 2012, 09:46:24 PM
BTC-devs should implement easy interface to the client so we could use the blockchain for holding/trading stocks asap. This is so god damn annoying.
Actually the fact that the shares are NOT stored in some form in the blockchain may be an advantage. Otherwise shares which were online at GLBSE at the time of the shutdown would be locked into GLBSE funds. October 06, 2012, 09:24:01 PM
BTC-devs should implement easy interface to the client so we could use the blockchain for holding/trading stocks asap. This is so god damn annoying.
October 06, 2012, 09:03:29 PM
Thanks for info friedcat. I dont think they want to scam because it looks like only 600BTC of customermoney were in glbse. So i think it isnt enough to create such big scam. I think they will give the details at some point. Hopefully soon.
matauc12... when you invest you always do it because you will promise yourself something from it isnt it? Dividends, bonus at early IPO or asics. Even when crowdfunding something the backers get something.
matauc12... when you invest you always do it because you will promise yourself something from it isnt it? Dividends, bonus at early IPO or asics. Even when crowdfunding something the backers get something.
October 06, 2012, 08:53:40 PM
I don't understand... all you guys saying you buy shares strictly for dividends and not for company growth value? Why did you even buy during IPO?
I don't understand the question. Can you clarify please?
October 06, 2012, 08:46:53 PM
Update
This is a short update.
We are working on getting the information of shareholders from GLBSE. Till now no new replies are heard from GLBSE yet.
This is a short update.
We are working on getting the information of shareholders from GLBSE. Till now no new replies are heard from GLBSE yet.
October 06, 2012, 08:30:04 PM
I don't understand... all you guys saying you buy shares strictly for dividends and not for company growth value? Why did you even buy during IPO?
October 06, 2012, 03:14:04 PM
I know we all just suffered a blow because of GLBSE, and you may ask how Havelock would be different. This is a good question, and I encourage you to ask them yourselves. I've been using their services for a few months now.
I think the first question which should be answered is whether ASICMINER should do the listing with a legally blessed entity or with a website which exists outside of any jurisdiction. Given that ASICMINER is an officially registered company, the first choice would be better in the long run. Then shareholders can create pass-through offers on other exchanges (but that might be illegal again...). I wouldn't really recommend to create a custom shareholder exchange or an order book, because ASICMINER is not in the business of creating safe and secure exchanges. A mediocre solution for an exchange is a liability to shareholders.
I don't care much about being able to trade - I got in because I wanted to help fund this ASIC project, and reap profits (if any) from it. In hindsight, a pre-order approach akin to BFL and Avalon would have eliminated the risk of intermediary (GLBSE) going titsup. So, from my perspective, it'd be perfect if ASICMINER simply acquired information on shareholders, and paid them dividends if and when the profits start flowing in. Shareholders can work out "trading" among themselves as they see fit.
I understand, however, that others may have invested with the hopes of being able to actively trade shares, and that is why I suggested you consider alternative exchanges such as Havelock, which leans heavily towards transparency and regulatory compliance.
Finally, I absolutely agree that ASICMINER should remain focused on engineering and mining, and not engage in offering an orderbook or any trade management services.
+1000
Freaky, I was just going to type exactly the same, wording and sentiment
Freaky, I was just going to type exactly the same, wording and sentiment
yep, I just wanna keep my 200-odd shares investment thing in ASICMINER, any which way.
October 06, 2012, 02:20:49 PM
+1000
Freaky, I was just going to type exactly the same, wording and sentiment
Freaky, I was just going to type exactly the same, wording and sentiment
October 06, 2012, 02:14:04 PM
I know we all just suffered a blow because of GLBSE, and you may ask how Havelock would be different. This is a good question, and I encourage you to ask them yourselves. I've been using their services for a few months now.
I think the first question which should be answered is whether ASICMINER should do the listing with a legally blessed entity or with a website which exists outside of any jurisdiction. Given that ASICMINER is an officially registered company, the first choice would be better in the long run. Then shareholders can create pass-through offers on other exchanges (but that might be illegal again...). I wouldn't really recommend to create a custom shareholder exchange or an order book, because ASICMINER is not in the business of creating safe and secure exchanges. A mediocre solution for an exchange is a liability to shareholders.
I don't care much about being able to trade - I got in because I wanted to help fund this ASIC project, and reap profits (if any) from it. In hindsight, a pre-order approach akin to BFL and Avalon would have eliminated the risk of intermediary (GLBSE) going titsup. So, from my perspective, it'd be perfect if ASICMINER simply acquired information on shareholders, and paid them dividends if and when the profits start flowing in. Shareholders can work out "trading" among themselves as they see fit.
I understand, however, that others may have invested with the hopes of being able to actively trade shares, and that is why I suggested you consider alternative exchanges such as Havelock, which leans heavily towards transparency and regulatory compliance.
Finally, I absolutely agree that ASICMINER should remain focused on engineering and mining, and not engage in offering an orderbook or any trade management services.
October 06, 2012, 01:44:20 PM
I know we all just suffered a blow because of GLBSE, and you may ask how Havelock would be different. This is a good question, and I encourage you to ask them yourselves. I've been using their services for a few months now.
I think the first question which should be answered is whether ASICMINER should do the listing with a legally blessed entity or with a website which exists outside of any jurisdiction. Given that ASICMINER is an officially registered company, the first choice would be better in the long run. Then shareholders can create pass-through offers on other exchanges (but that might be illegal again...). I wouldn't really recommend to create a custom shareholder exchange or an order book, because ASICMINER is not in the business of creating safe and secure exchanges. A mediocre solution for an exchange is a liability to shareholders.
October 06, 2012, 01:29:09 PM
BTW I urge everyone to be patient. The delisting procedure is a hell of a management task, especially if all the people with 1-20 shares want to get individual treatment. I am hoping friedcat can provide some stats (number of delisting keys, number of keys below 100 shares) so we have an idea of how intense the delisting will be.
I agree about the patience. Also, we should all understand that even if everything ends up well, there will be lots of additional work someone will need to put in to make it end well. I would be fine with donating a few of my shares to whoever will be managing claims. I would be even happier if this were formalized in some way - charge shareholders a fee.Finally, just throwing this in here - few days ago Havelock Investments posted this on their Website:
Quote
List with us!
October 2nd. 2012: Havelock Investments is pleased to announce it is now accepting applications for funds to list on our exchange. We strive to achieve a very high level of both transparency and confidence, and will be thorougly vetting any applications. We will only accept the highest quality funds into our exchange. If you would like to apply, simply Contact Us via email and describe your company/fund, its dividend/growth strategy and provide complete contact information, so we can contact you to move forward.
I know we all just suffered a blow because of GLBSE, and you may ask how Havelock would be different. This is a good question, and I encourage you to ask them yourselves. I've been using their services for a few months now. October 2nd. 2012: Havelock Investments is pleased to announce it is now accepting applications for funds to list on our exchange. We strive to achieve a very high level of both transparency and confidence, and will be thorougly vetting any applications. We will only accept the highest quality funds into our exchange. If you would like to apply, simply Contact Us via email and describe your company/fund, its dividend/growth strategy and provide complete contact information, so we can contact you to move forward.
October 06, 2012, 01:19:03 PM
I have 28 shares and I hope this situatio will be solved somehow. Sucks that GLBSE is closed, I guess it was the fucking feds...
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