Topic: [BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast) - page 105. (Read 378660 times)

"Insiders information,,," What the heck are you cozing about ?

I might as well remind you 95% of the few information we can gather about AsicMiner are being relayed through board members, AKA Insiders.

Wiki Linking to Martha_Stewart CEO friend,... I hope you start to feel off topic soon.

Yes, but her CEO friend, who she got the information from, did go to jail for insider trading. 

Anyway, it was an example of the specific kind of information that could be considered illegal for an insider to trade on, since you asked for one.

+1

And the way the Feds got her talking (vi haf vays to make you talk) was by slowly destroying her business with accusations & leaks: http://www.lewrockwell.com/lrc-blog/lying-to-the-state-which-lies-to-us/
As mentioned in the article this human sacrifice was supposed to make the sheeple Fear the Law -- and apparently it has.

With your SEC, FBI, IRS threats you are just a bunch of whiny pathetic babies.
Act like men for god's sake!

You mean the BTCT that fell all over itself to gushingly approve the BTCGarden FAILSCAM?  

BTCT doesn't even claim to be a real exchange, it's a self described game, a practical joke with monopoly money and pretend make-believe securities.

Nothing against Burnside, who I like and respect, but the credulous petulant children who approved GARDEN and hate/fear/resent iCE.DRiLL shouldn't be trusted to something something wet paper bag, much less blah blah map, GPS, and flashlight.  

A specific example would be knowing that the chips are going to be delayed, or don't work. Martha Stewart was put in jail for trading on knowledge that a drug wouldn't be getting FDA approval the day before it was announced, for example.

GPUs would run at 90C, could probably feed a water heater if you could extract most of it.

In the future ASICs could be engineered to run hotter in order to provide heating.  Mining rigs can certainly be used as space heaters, that's for sure.

wow, that is the best you can come up with? i was expecting more. I guess you are just loud-mouthing without knowing what you are talking about then..

When you need to stoop down to attacking personally, it means you have already given up the fight cuz you know you are wrong. i am so disappointed. oh wait, may be I shouldn't because why should I be?

If you are serious you need help.

can you justify what kind of info would "affects the stock price that the rest of us do not"?

Without a precise example, how can we know what you are talking about?

You can't seriously be asking this....you honestly have no idea that these guys have access to info that affects the stock price that the rest of us do not?
Or is that entire post facetious?

Sorry, I don't mean to diss you but I don't think you understand the real definition of insider trading.

Precision of language is very important from a legal aspect. So, I would love to hear what you consider as 'insider trading'

In the United States and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors and any beneficial owners of more than 10% of a class of the company's equity securities. Trades made by these types of insiders in the company's own stock, based on material non-public information, are considered to be fraudulent since the insiders are violating the fiduciary duty that they owe to the shareholders.

Would you please give us some examples of 'material and non-public information' that can be used adversely against DigiMex shareholders?

Perhaps he's suggesting that if the number of shares and their price are allowed to be changed at will during an IPO, what, exactly, is being sold?  And how much of it?

and your point would be?

oh and just a note, i definitely know what is an 'insider'. I need to deal with that definition everyday. That is a part of my real job everyday.

ummmm...no.

Are you suggesting that the 1st investor in a new company may only invest once the entire world has been invited?

You quoted the wiki page but don't seem to have read it?

Pre news release trading - it is really not a difficult concept.

Hi,

BitCoin newbie here. I couldn't help myself to chime in because of all the fuss related to regulators and what not around securities dealing which is my cup of tea.

1) Does everyone know how an IPO works in real life? Prices and offer sizes get changed all the time due to investor demand. It is just part of the IPO process. (Please study ANY IPO process out there)

2) Regulation around IPO - would someone please point me to regulation around IPO regulated to BitCoins? Last I checked, there wasn't any. Yes, there are defintiely laws around Ponzi schemes and general stuffs around collective investment schemes but is there any evidence? Are you guys busting out pre-emptive strikes against Ponzi schemes now?

As a side note, if you want to quote SEC, please note that it means you agree to SEC's regulation on your own dealing with BitCoins as well. Oh, once you agree to those, I am sure the IRS won't be too far behind the SEC.

3) In the banking world, the term for bulk transactions are called 'block traded'. Blocks are definitely given discounts/variances to market prices.  Would SEC challenge that? No. It is still being used by banks and fund managers everyday. Unless SEC stops block trades, which law can regulate this?

4) This was my favorite of all the posts - insider. Can those people help me define what you mean by insiders?

http://en.wikipedia.org/wiki/Insider_trading

I would like some edification on how you define as an insider and how he can benefit from buying shares of DigiMex. 

Then my question to you would be, if an insider is buying, shouldn't you? Not that I agree with this but there are many journalism out there that recommends investments by following insiders' trading trends.

If true, this would make me feel much better about having shares on BTCT over Bitfunder.

Given the situation, I think this share would never get approved on BTCT.CO.

Don't send them this: http://www.bloomberg.com/news/2013-04-12/virtual-bitcoin-mining-is-a-real-world-environmental-disaster.html