[BTC-TC] [[LTC-MINING]] - GLBSE LIST RECEIVED - BTC-TC TRANSITION COMPLETE - page 3.

burnside

legendary

Activity: 1106

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Lead Blockchain Developer

Quote from: Jurek on October 10, 2012, 04:08:08 AM

Any news? Did you get any information from nefario? Did you try to contact him?

I've submitted my photos and have sent an email requesting approval of my account. I suspect that everyone that wants to claim their LTC-MINING shares will have to do the same. I'm not absolutely certain though, as it seems very disorganized at this point.

Cheers.

Jurek

member

Activity: 117

Merit: 10

Any news? Did you get any information from nefario? Did you try to contact him?

Garr255

legendary

Activity: 938

Merit: 1000

What's a GPU?

Quote from: burnside on October 06, 2012, 03:53:33 PM

Quote from: Garr255 on October 06, 2012, 01:51:36 PM

Burnside, how difficult would it be to add BTC support for LitecoinGlobal?

Super easy. I expect to have a release ready in a few days. I didn't build LTC-GLOBAL with variables for things like the company name, the currency denominations, etc. So I'm working on all that. Once that is done I'll be able to operate two sites from a unified code base.

Great.

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Quote from: Garr255 on October 06, 2012, 01:51:36 PM

Burnside, how difficult would it be to add BTC support for LitecoinGlobal?

Super easy. I expect to have a release ready in a few days. I didn't build LTC-GLOBAL with variables for things like the company name, the currency denominations, etc. So I'm working on all that. Once that is done I'll be able to operate two sites from a unified code base.

Garr255

legendary

Activity: 938

Merit: 1000

What's a GPU?

Burnside, how difficult would it be to add BTC support for LitecoinGlobal?

Jurek

member

Activity: 117

Merit: 10

Thank you for providing us with such fair solutions.

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Looks like GLBSE is shutting down.

My current plan is to offer one of three options to asset holders:

a) You can trade for LTC-MINING.LTC shares on LTC-GLOBAL.
~~b) I will outright buy your shares back at 0.4 BTC. (IPO was 0.43, value of BTC has risen)~~ (edit: I have bought out as many as I can right now, I will buy more at this price as income from mining comes in, offer ends Dec 31 2012.)
c) You can transfer your shares to whatever new BTC exchange we manage to setup.

Hopefully lots of people will choose A or C.

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Hi all. GLBSE is temporarily offline. They have posted the following to their website:

Quote

GLBSE is offline

For those worried about their bitcoin, please calm yourselves there has been no hack and your coins are safe and all accounted for.

I apologize for the lack of notice and the downtime, but there isn't much choice. We will update our users on Saturday.

I'll process dividends as soon as they come back online.

Cheers.

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Quote from: Jurek on October 04, 2012, 07:00:55 AM

Looks like somebody is crushing the bid wall Cheesy

Nice deals happening

I get the feeling someone knew what was about to happen on GLBSE.

Jurek

member

Activity: 117

Merit: 10

Looks like somebody is crushing the bid wall Cheesy

Nice deals happening

Deprived

hero member

Activity: 532

Merit: 500

Quote from: burnside on October 01, 2012, 05:24:40 PM

That's a nice graph, I'm really loving the new ltc-charts.com site.

Yeah, the site's very nice. You can also buy shares in the site on LTC-GLOBAL (they're starting to monetarise the site with adverts) and get a share of any future revenue it brings in, plus support the developer.

Obviously not saying that for YOUR benefit burnside as you already know

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

That's a nice graph, I'm really loving the new ltc-charts.com site.

Jurek

member

Activity: 117

Merit: 10

Looks really good, I wonder how all the gpu miners will influence exchange rates Huh

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Quote from: Bitcoin Oz on September 30, 2012, 07:01:19 AM

Part of it is related to bitcoin being a better investment than any mining stock.

I'll agree somewhat. This is only true because the market right now makes it true. The future behavior of the market is not a given, and any one of these big dips in exchange rate could end up being long-term or permanent. There are far too many factors in play for me to begin to try to predict what is going to happen in the next 6 months. But I DO know that for the next 6 months, I'll be mining new coins.

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Quote from: smoothie on September 30, 2012, 06:22:44 AM

I remember you posting up pictures of the mining rigs. Can you give me the link(s)? Thanks.

1st post, 3rd line. Cheesy

Bitcoin Oz

hero member

Activity: 686

Merit: 500

Wat

Quote from: burnside on September 30, 2012, 04:53:17 AM

Hello everyone.

It's been a somewhat depressing day, I've been tracking my own personal portfolio through the events surrounding Nefario's handling of Goat's assets on the GLBSE and things are not pretty. People are bailing out of GLBSE as fast as they can and it is severely depressing the market.

Thus I thought it worth posting that while many other assets are closing up shop, defaulting, disappearing, or being forcefully disappeared, LTC-MINING is not going anywhere. We have real hardware generating real coins.

Cheers.

Part of it is related to bitcoin being a better investment than any mining stock.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: burnside on September 30, 2012, 04:53:17 AM

Hello everyone.

It's been a somewhat depressing day, I've been tracking my own personal portfolio through the events surrounding Nefario's handling of Goat's assets on the GLBSE and things are not pretty. People are bailing out of GLBSE as fast as they can and it is severely depressing the market.

Thus I thought it worth posting that while many other assets are closing up shop, defaulting, disappearing, or being forcefully disappeared, LTC-MINING is not going anywhere. We have real hardware generating real coins.

Cheers.

Burnside keep up the good work.

I remember you posting up pictures of the mining rigs. Can you give me the link(s)? Thanks.

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Hello everyone.

It's been a somewhat depressing day, I've been tracking my own personal portfolio through the events surrounding Nefario's handling of Goat's assets on the GLBSE and things are not pretty. People are bailing out of GLBSE as fast as they can and it is severely depressing the market.

Thus I thought it worth posting that while many other assets are closing up shop, defaulting, disappearing, or being forcefully disappeared, LTC-MINING is not going anywhere. We have real hardware generating real coins.

Cheers.

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

LTC-MINING.LTC on Litecoin Global has successfully established itself now.

I'm offering a 1 to 1 share swap for anyone that wants to transition from LTC-MINING to LTC-MINING.LTC. You can transfer me your LTC-MINING shares on GLBSE, and I'll transfer back to you the same number of shares in LTC-MINING.LTC on LitecoinGlobal.com.

LTC-MINING.LTC works pretty much the same as LTC-MINING. The difference is that you get paid in LTC instead of BTC.

Cheers.

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Dividend paid.

Time since last dividend: ~7 days (per my original contract, not doing dividends at exactly 7 day intervals.)

1822.0880271418 LTC in the pool wallet, converted to 6.45841249 BTC, came out to 0.00064684/bond or ~0.00092405/bond/day.

Cheers.

Topic: [BTC-TC] [[LTC-MINING]] - GLBSE LIST RECEIVED - BTC-TC TRANSITION COMPLETE - page 3. (Read 65698 times)