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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1315. (Read 3917468 times)

legendary
Activity: 966
Merit: 1000
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?
donator
Activity: 848
Merit: 1005
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.

hero member
Activity: 658
Merit: 500
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?
legendary
Activity: 2072
Merit: 1006
this space intentionally left blank
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


yep, I just wanna keep my 200-odd shares investment thing in ASICMINER, any which way.
hero member
Activity: 868
Merit: 1000
+1000

Freaky, I was just going to type exactly the same, wording and sentiment
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
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.
donator
Activity: 994
Merit: 1000
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.
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
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.
hero member
Activity: 752
Merit: 500
bitcoin hodler
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...
donator
Activity: 994
Merit: 1000
Friedcat, assuming Bitfountain continues to take over management of shares - what is the contingency plan in case bitcointalk.org disappears? How can your investors keep themsleves up to date and communicate with the company?
The quickest way is to establish a user mailiing-list, e.g. [email protected].
If I remember correctly one of the plans was to establish a minimal version of the website within the next 2 months, which should contain all the standard ways of getting in touch.

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.
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
Friedcat, assuming Bitfountain continues to take over management of shares - what is the contingency plan in case bitcointalk.org disappears? How can your investors keep themsleves up to date and communicate with the company?
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
Does anyone really want to send glbse their email address, etc. ?

This might lead to some liabilty.

What a crappy situation.

Doesnt glbse already have our email addresses? that is how you log in...
I was logging in with my user name, not email address.

I think you could login either with email address or username.

Anyway, is Nefario really willing to refund us?

If you were holding any bitcoins on GLBSE, this question should be posted in an appropriate thread, not here.

The question here is if and how GLBSE will be handling issuance of claim tickets so investors can work things out with willing issuers - and fortunately, friedcat seems willing.
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
Does anyone really want to send glbse their email address, etc. ?

This might lead to some liabilty.

What a crappy situation.

Doesnt glbse already have our email addresses? that is how you log in...
I was logging in with my user name, not email address.
hero member
Activity: 900
Merit: 1014
advocate of a cryptographic attack on the globe
Does anyone really want to send glbse their email address, etc. ?

This might lead to some liabilty.

What a crappy situation.

Doesnt glbse already have our email addresses? that is how you log in...
Yea that's what I was about to post Wink They have mine at least yea. Sometimes I stay anonymous but other times I don't. This is a case where I didn't try.
hero member
Activity: 518
Merit: 500
Does anyone really want to send glbse their email address, etc. ?

This might lead to some liabilty.

What a crappy situation.

Doesnt glbse already have our email addresses? that is how you log in...
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
Does anyone really want to send glbse their email address, etc. ?

This might lead to some liabilty.

What a crappy situation.

I do want to. Just tell me how.
hero member
Activity: 535
Merit: 500
Does anyone really want to send glbse their email address, etc. ?

This might lead to some liabilty.

What a crappy situation.
full member
Activity: 188
Merit: 100
Using your bitcoin client, you could sign a message saying that you transfer the rights to the shares over to me provided that you get payed a certain amount. If friedcat is willing to accept it, I send you money and that's that.
The problem is of course that you need a way to prove that you actually have a GLBSE account. Can you do that?

well, the only way to do that, is my login credentials to glbse, which are useless atm.  Undecided
sr. member
Activity: 337
Merit: 252
Using your bitcoin client, you could sign a message saying that you transfer the rights to the shares over to me provided that you get payed a certain amount. If friedcat is willing to accept it, I send you money and that's that.
The problem is of course that you need a way to prove that you actually have a GLBSE account. Can you do that?
full member
Activity: 188
Merit: 100
If anyone wants to cash out I'm willing to buy your claim if it's not too large. Provided that friedcat accepts the transfer of ownership.

Send me a pm if you're interested.

I hold 3 shares.  How can i sell it to you tucenaber, since glbse.com is off?
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