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Topic: [BTC-TC and BF] MININGCO.ETF - Closed - page 5. (Read 48261 times)

hero member
Activity: 634
Merit: 500
December 17, 2013, 06:55:12 PM
It looks like Nasty Fans is going to be at .05 BTC.  I say this because OgNasty has now offered "minted seats."

A "minted seat" is a silver coin with the info to obtain a Nasty Seat and it's dividends hidden under a hologram sticker; much in the same way a physical Bitcoin has the info to obtain the Bitcoin under a hologram sticker.

OgNasty sells these by either taking an existing seat you own plus a fee and sending you the coin
OR
Selling you a seat and sending you the coin.

The difference between using your own seat and buying a new seat and having both minted is 0.5 BTC.

For kicks and giggles, I'm placing a sell order for 0.0505



GMP is making some nice dividends, but I'm still going to put about 40% of our shares for 0.299999 BTC.

Cognitive is "in the middle of receiving new gear." It would probably be good to hold off selling until it is delivered. Their Cointerra order is expected in mid Jan.


Still waiting for any other PMs from you guys on when to sell other underlying assets like ASICMINER.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
December 16, 2013, 03:31:43 PM
So far there is no news regarding our underlying assets. We have still been collecting dividends as usual.

I would like a consensus as to what prices I should sell for. What's a good price for Cognitive? Asicminer? NastyFans? GMP?

Speaking of dividends, I transferred 0.11928465 BTC of accrued Cognitive divs from Havelock AND 0.62623700 (minus 0.005 fee) from GMP to our public address.


Don't you have a red phone for the BASIC direct hotline?

No?  Damn!   Tongue
hero member
Activity: 634
Merit: 500
December 16, 2013, 02:44:40 PM
Any news about this?


So far there is no news regarding our underlying assets. We have still been collecting dividends as usual.

I would like a consensus as to what prices I should sell for. What's a good price for Cognitive? Asicminer? NastyFans? GMP?



Speaking of dividends, I transferred 0.11928465 BTC of accrued Cognitive divs from Havelock AND 0.62623700 (minus 0.005 fee) from GMP to our public address.
legendary
Activity: 854
Merit: 1000
December 16, 2013, 12:49:32 PM
Any news about this?
member
Activity: 102
Merit: 10
November 26, 2013, 08:28:39 PM

Then you shouldn't have to spend much time on management.
And us shareholders will ring you when it's time to wake up (now is an ok time for Cog but you already know that).

I am for waiting a better moment to sell asset. Obviously now is a bad moment.
As Fundus said, we shareholders will wake you up when the time is coming.
fk1
full member
Activity: 216
Merit: 100
November 26, 2013, 06:57:45 PM
Hi,

I don't want to make another account on direct shares I want to get out of bitcoin networks. somebody willing to buy my 100 bitfunder shares?
full member
Activity: 131
Merit: 100
November 26, 2013, 01:29:36 AM
Quote
22 shares of Cognitive sold on Havelock over the weekend @ .12 each.
That's reasonable, thank you.

I for one do not care about dust dividends, updated 7day Avg prices and detailed dividend list.
Just publish the dividend addresses, and the balances can be automatically updated by the following command
=ImportData("http://blockchain.info/q/addressbalance/"&A71)/100000000

where A71 contains the address.

Then you shouldn't have to spend much time on management.
And us shareholders will ring you when it's time to wake up (now is an ok time for Cog but you already know that).
hero member
Activity: 634
Merit: 500
November 25, 2013, 05:59:14 PM
This spreadsheet does not look fresh. Do you have newer one, or are you planning to actualise at least list of underlying assets? Thanks!

That spreadsheet is current and show exactly how many shares we own of each underlying asset; the BTC we have; and the dividends collected.
I keep this updated when there is a change in any of these numbers.

I will admit, the 7-Day Avg price per share has gotten stagnant. This is a result of the lack of time that I have mentioned previously; and I consider it a low priority.
sr. member
Activity: 304
Merit: 250
November 25, 2013, 05:48:41 PM
This spreadsheet does not look fresh. Do you have newer one, or are you planning to actualise at least list of underlying assets? Thanks!

PS as Findus wrote - waiting for the best time may be better. For example asicminer - there is plan to release 3rd generation on January 20th, so that can boost the price up; also now is auction opened with almost 1% of all AM shares, which drives price down. So maybe you should really wait a little more.
hero member
Activity: 634
Merit: 500
November 25, 2013, 03:30:23 PM
22 shares of Cognitive sold on Havelock over the weekend @ .12 each.


After fees, a total of BTC2.62844 has been added to the public address.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
November 25, 2013, 01:10:22 PM
On the other hand, I understand that you wish to get it over with because this whole story has become painful.
But you could just forget about it and let your shareholders do your job, couldn't you? I mean, as soon as there is good news on any front (Nasty, Cog, BASIC, GMP or AM), one of us could let you know in this thread and in a PM that now is the time to sell. I'm willing to take the responsibility for Cognitive, which I follow closely. Any volunteers for the other ones?



I'm not trying to get it over with because just because it is "painful" (although it is). I am trying to "get it over with" because I don't have time to operate it. Now, I'm just trying to end it because I'm holding funds that don't belong to me.

I want to make that final payout. I want all shareholders to have their coins. Like I said, I don't have time to make small dust payments from the occasional asset sale or dividend. We're saving up to go out with a bang.  Smiley


Having you guys looking out for good prices can help move things along. Send a PM.

I also gave a choice to just cut our losses and sell now (and forget bASIC-MINING altogether). I'm conflicted because, I too, own shares.

As a long-term investor, I don't need divs paid very often.

After the Gamma experience, my capacity for patience has expanded a hundred-fold.

CipherTrade promises to automate those pesky dust-outs, BTW...
hero member
Activity: 634
Merit: 500
November 25, 2013, 12:42:24 PM
On the other hand, I understand that you wish to get it over with because this whole story has become painful.
But you could just forget about it and let your shareholders do your job, couldn't you? I mean, as soon as there is good news on any front (Nasty, Cog, BASIC, GMP or AM), one of us could let you know in this thread and in a PM that now is the time to sell. I'm willing to take the responsibility for Cognitive, which I follow closely. Any volunteers for the other ones?



I'm not trying to get it over with because just because it is "painful" (although it is). I am trying to "get it over with" because I don't have time to operate it. Now, I'm just trying to end it because I'm holding funds that don't belong to me.

I want to make that final payout. I want all shareholders to have their coins. Like I said, I don't have time to make small dust payments from the occasional asset sale or dividend. We're saving up to go out with a bang.  Smiley


Having you guys looking out for good prices can help move things along. Send a PM.

I also gave a choice to just cut our losses and sell now (and forget bASIC-MINING altogether). I'm conflicted because, I too, own shares.
full member
Activity: 131
Merit: 100
November 25, 2013, 02:28:55 AM
Hi Carnth,

I own 77 shares, and if you sell everything now, I will be left with 1 or 2% of my investment.

In the art of investment, cutting a loss is about letting it go when you lost 10, 20, maybe 50%, even though you have some hopes the asset will go up some day.
But when the loss is 99%, cutting your loss doesn't make much sense. Even if the chance of recovery (for example the chance of creativex coming back) is slim, say 5%, it makes more sense to wait a few months.

On the other hand, I understand that you wish to get it over with because this whole story has become painful.
But you could just forget about it and let your shareholders do your job, couldn't you? I mean, as soon as there is good news on any front (Nasty, Cog, BASIC, GMP or AM), one of us could let you know in this thread and in a PM that now is the time to sell. I'm willing to take the responsibility for Cognitive, which I follow closely. Any volunteers for the other ones?

What do you think?
fk1
full member
Activity: 216
Merit: 100
November 19, 2013, 08:29:09 PM
carnth the only guy who still cares about customers. my whole other asset just a real pain in the ass, same game for bitfunder. lost 35 btcs with diff assets and manipulating bitfunder bitchmove in blocking us citizens etc. but those who want to succeed need to be able to fail i guess
hero member
Activity: 634
Merit: 500
November 19, 2013, 03:10:44 PM
With BTC at new highs, and just being listed, our underlying assets are looking lower. Worse, creativex is still nowhere to be found.

As a group we need to make a decisions.

Do you want to drag this on and on, or should we cut our losses and payout.  The whole point of moving to direct shares was to give us a little extra time to sell off at a steady pace. But I don't want to keep this going forever. I need to shut down MiningCo.ETF permanently.

This begs the question: If we sell of everything quick cut our losses with bASIC-MINING, payout and end the fund... then a month later creativex suddenly makes a comeback and the bASIC-MINING shares are active again, who will get these proceeds?


Should we ask if there would be someone that would be willing to pay for the bASIC-MINING shares? What prices should we accept? Should we wait? For how long?



Someone please help this guy:
I don't want to make another account on direct shares I want to get out of bitcoin networks. somebody willing to buy my 100 bitfunder shares?
fk1
full member
Activity: 216
Merit: 100
November 18, 2013, 12:27:56 PM
Hi,

I don't want to make another account on direct shares I want to get out of bitcoin networks. somebody willing to buy my 100 bitfunder shares?
hero member
Activity: 634
Merit: 500
November 17, 2013, 02:32:23 PM
Since I missed bitfunders closing: any last options for my shares to change in btc?

Yes, follow the instructions in this post:

https://bitcointalksearch.org/topic/m.3351025





For everyone else. I'll allow a little extra time, you'll have until the end of the weekend.

If you need help, send me a PM, or email me: Carnth
at gmail

I am willing to work with you to get you your shares. But after this weekend it will be too late. I have to move forward.
fk1
full member
Activity: 216
Merit: 100
November 15, 2013, 05:13:14 PM
Since I missed bitfunders closing: any last options for my shares to change in btc?
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
November 15, 2013, 02:05:45 PM


I have been keeping up with the thread. I have spoken up because I don't have anything new to contribute that hasn't been brought up by other people.

I honestly don't know what is up the creativex. He seemed like a smart guy and knew what he was talking about. It doesn't fit his character profile to just vanish like this.

CX was getting pretty rabid and unhinged in some of his last posts.

He got way too egotistical and cocky because his picky zero-risk Goldilocks approach worked so well for a brief period, but then couldn't handle being slapped down (in ego and share price) when the mining situation began to change dramatically.

My guess he assumed the good times would last forever and got in over his head while drunk on his own success.
hero member
Activity: 634
Merit: 500
November 15, 2013, 01:50:33 PM
Over on the BASIC thread, there is a posse being formed to track down CX.

I'm sure you could contribute something to the effort.

LMK if you guys need beer/guns/money/lawyers...   Cool

I have been keeping up with the thread. I have spoken up because I don't have anything new to contribute that hasn't been brought up by other people.

I honestly don't know what is up the creativex. He seemed like a smart guy and knew what he was talking about. It doesn't fit his character profile to just vanish like this.




In Cognitive news, they have re-listed on Havelock and I can confirm that all our shares have been transferred.

The share price is a tad low and the volume is not there yet. I'll begin liquidating when things pick up.




This is you last chance to register your shares. There are still 500+ shares unaccounted for.
There are also a number of shares that failed during the submission process (invalid Bitcoin signature, etc.)

Check to make sure you are on the list:
https://docs.google.com/spreadsheet/ccc?key=0AqLxDN0JzEUNdHNONWVCUFM3ekZFN3ZYd0FycTh3N0E

If you are not, you will not get any proceeds from the Liquidation.
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