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Topic: [BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast) - page 29. (Read 378671 times)

full member
Activity: 428
Merit: 100
I prefer Licedrill as flashman said fkn parasites

Well unless we see some action, Licedrill would be good enough, denoting the kind of useless bloodsucking parasites the bitcoin community needs less of.

Start leaving negative trust for will and terra.
Soon as we drag their name's into the mud less chance they can scam more people in future.

I wonder if we could do a chapter 7 like they did for Scamfast.
See if we can get terra and will replaced since they obviously have no idea on what they are doing
full member
Activity: 129
Merit: 100
Change the title to Assdrill because we are all getting fucked in the ass with no lube here.
full member
Activity: 226
Merit: 100
Stop messing your investors about and pay them their dividends.

I really don't understand why this has not been done yet.

1. You have the confirmed list of addresses.
2. You have the BTC
3. You have the technical know how and ability.

Just push it through. 


I can only +1 this. I'm not filling out that insance cryptomex kyc form.

I was planning to trade the shares, but I can live without.

I don't understand why you don't pay dividends. The argument that some people might not be in control of the private keys can be solved by requiring them to sign some "yes, please pay dividends to the address used to sign this" message on the icedrill.io site, which you created - if I recall correctly - to be able to pay dividends.


We all already had to sign a message for siging up with this google site. And there it was mentioned already several times that you must be and stay in control of this address. And again, a message had to be signed. So there is no reason to not pay to those who signed up there.

@will: How will the differenciation between private and public investors be guaranteed on cryptomex.io? They are our insurance after all.
donator
Activity: 2772
Merit: 1019
Stop messing your investors about and pay them their dividends.

I really don't understand why this has not been done yet.

1. You have the confirmed list of addresses.
2. You have the BTC
3. You have the technical know how and ability.

Just push it through. 


I can only +1 this. I'm not filling out that insance cryptomex kyc form.

I was planning to trade the shares, but I can live without.

I don't understand why you don't pay dividends. The argument that some people might not be in control of the private keys can be solved by requiring them to sign some "yes, please pay dividends to the address used to sign this" message on the icedrill.io site, which you created - if I recall correctly - to be able to pay dividends.
legendary
Activity: 1123
Merit: 1000
SaluS - (SLS)
Stop messing your investors about and pay them their dividends.

I really don't understand why this has not been done yet.

1. You have the confirmed list of addresses.
2. You have the BTC
3. You have the technical know how and ability.

Just push it through. 


If the next update post by you guys is not "Divs have been paid out", I am calling this whole thing an elaborate scam.

Please prove me wrong.
legendary
Activity: 1134
Merit: 1118
Stop messing your investors about and pay them their dividends. I've been watching this thread for quite a while and I'm so glad that I ended up not holding onto my ~1 BTC of IPO shares and sold them for a tiny loss.
full member
Activity: 428
Merit: 100
You can sign up with out that KYC crap, licedrill will  give you your shares on cryptomex.
You cant sell or trade them without the KYC form  Angry

Im not sure if you can pull divs out without that form,
guess we will find out after will and terra stop holding our btc hostage

I don't see this as true. I see my shares here: www.icedrill.io, but there is no obvious connection between that account and my account here: www.cryptomex.io that I can see, even though I've used the same addresses...

My other questions remain unaddressed:

1. Were icedrill investment funds used to develop these two sites (cryptomex.io and icedrill.io)?
2. If so, aren't investors also entitled to an ownership interest them?

Pragmatically speaking, the long-term prospects for a trading platform would seem better than the long term prospects for a mining operation whose short term prospects aren't hopeful (the technology is quickly becoming obsolete, most of its major milestones have been missed, and the overhead seems disproportionally high), and whose long-term prospects seem dismal...




I dont know after sigining up for cryptomex, it took a few days for them to show up
Cryptomex asked for a wallet address i gave them the one i used with icedrill.io


As for you questions good luck getting an answer
only time will and terra answer questions around here
Is when they run out of our fiat funds and are waiting for BTC to be converted or
you ask questions about anything other then this farm, like will's kids
newbie
Activity: 9
Merit: 0
You can sign up with out that KYC crap, licedrill will  give you your shares on cryptomex.
You cant sell or trade them without the KYC form  Angry

Im not sure if you can pull divs out without that form,
guess we will find out after will and terra stop holding our btc hostage

I don't see this as true. I see my shares here: www.icedrill.io, but there is no obvious connection between that account and my account here: www.cryptomex.io that I can see, even though I've used the same addresses...

My other questions remain unaddressed:

1. Were icedrill investment funds used to develop these two sites (cryptomex.io and icedrill.io)?
2. If so, aren't investors also entitled to an ownership interest them?

Pragmatically speaking, the long-term prospects for a trading platform would seem better than the long term prospects for a mining operation whose short term prospects aren't hopeful (the technology is quickly becoming obsolete, most of its major milestones have been missed, and the overhead seems disproportionally high), and whose long-term prospects seem dismal...



 

full member
Activity: 428
Merit: 100
You can sign up with out that KYC crap, licedrill will  give you your shares on cryptomex.
You cant sell or trade them without the KYC form  Angry

Im not sure if you can pull divs out without that form,
guess we will find out after will and terra stop holding our btc hostage
newbie
Activity: 9
Merit: 0
My question who owns these sites and the trading platform? Have they and their development been funded by the investors?
full member
Activity: 428
Merit: 100
i signed up to cryptomex i didnt fill out that bullcrap kyc form.
Apparently i have shares now 400 pu's instead of the 4000 im owed from icedrill.io
full member
Activity: 226
Merit: 100
I registered in cryptomex.io with the same mail that icedrill.io but I don't see my units... this is normal?

Thank you!


I have the same question. How domI become a unverified account holder as somone mentioned to be earlier in this thread?
newbie
Activity: 37
Merit: 0
I registered in cryptomex.io with the same mail that icedrill.io but I don't see my units... this is normal?

Thank you!
sr. member
Activity: 378
Merit: 254
Reply of the Zaporozhian Cossacks Bitcointalk Investors to Sultan Mehmed IV of the Ottoman Empire IceDrill Will
member
Activity: 116
Merit: 10
Please look to do what is most convenient and in the best interest of your investors.

Please give us better options. Either direct payments like ASICMiner does. Or a pass through on Havelock.

+1

I will / do not give the amount of data you have requested to ANYBODY. I do not contract to your latest offering and would rather you bought back my shares (as you are contractually obliged) than be held to ransom for my data, as it currently feels.
sr. member
Activity: 272
Merit: 250
I ran a ASICMINER Pass Through before,
The system works but there are some flaws.

First of there is a lot of manual work, which in turn leads to a lot of errors. I had several times where Transfers that should have been done wasn't done or shares who were suppose to be sent one place were sent somewhere else.
Second a lot of people (several have contacted us being worried about this) are not in control of their payout address, meaning we would have to build a site/routine to safely and securely allow people to switch their payout addresses.

It is just a lot of work and we would rather if we can try to reuse the work put into CMX by the CryptoMex team and use their platform to hold PUs and pay out people, if possible.

As regards to the question about money spent on CMX. No IceDrill money was used to fund CMX, it was funded by the CMX team and external investors.

In a choice between:

i. convenience for the company to make payments
vs
ii. convenience and peace of mind for investors to not to fill out a fairly invasive kyc form

I hope you guys decide to side with the investors even if it means a bit of discomfort for you.

To us - it seems like cryptomex is being forced down our throats only because icedrill and cryptomex promoters are the same. If cryptomex is good, it will grow on its own. But please don't tie the fates of icedrill investors with cryptomex.

Please look to do what is most convenient and in the best interest of your investors.

Please give us better options. Either direct payments like ASICMiner does. Or a pass through on Havelock.
newbie
Activity: 14
Merit: 0
Nxt now has a fully automated distributed exchange. Why not use that?
better:
https://www.counterparty.co/


Yeah if we're going the DEX route, counterparty seems like a more proven and stable option as things currently stand.

I ran a ASICMINER Pass Through before,
The system works but there are some flaws.

First of there is a lot of manual work, which in turn leads to a lot of errors. I had several times where Transfers that should have been done wasn't done or shares who were suppose to be sent one place were sent somewhere else.
Second a lot of people (several have contacted us being worried about this) are not in control of their payout address, meaning we would have to build a site/routine to safely and securely allow people to switch their payout addresses.

It is just a lot of work and we would rather if we can try to reuse the work put into CMX by the CryptoMex team and use their platform to hold PUs and pay out people, if possible.

As regards to the question about money spent on CMX. No IceDrill money was used to fund CMX, it was funded by the CMX team and external investors.

I'm all for not reinventing the wheel, it just seems like overkill at the moment to have a whole platform dealing with a single issuance. What is the plan for developing cryptomex as a platform? Why would a a firm release an IPO here rather than through counterparty or Nxt? What work is being done to advertise cryptomex as an option at all?

The site itself seems polished and functions well enough but it still feels like beta software. For example, branding is not consistent across the site, which is a shame because the logo looks pretty good. I also don't like that the login page is separate to the index / splash page. It's particularly bad that there isn't a way to return 'home' from the login page. These are minor things but they all add up and detract from the user experience.

Having a whole platform for icedrill seems overly ambitious to me. It would be much simpler to use a dex or passthrough for now, and keep cryptomex on the backburner until it offers some unique and compelling reason for firms to issue there.
legendary
Activity: 817
Merit: 1000
So.... when are dividends going to be paid?
hero member
Activity: 770
Merit: 509
Canadian dollars, they wouldn't take cowrie shells.

I mean how much canadian dollars? Per kwh? Including all costs like cooling?
hero member
Activity: 518
Merit: 500
Hodl!
Canadian dollars, they wouldn't take cowrie shells.
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