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Topic: [BTC-TC] Virtual Community Exchange [CLOSED] - page 128. (Read 316467 times)

newbie
Activity: 15
Merit: 0
legendary
Activity: 1106
Merit: 1006
Lead Blockchain Developer
newbie
Activity: 15
Merit: 0
I was on IRC  back in December in #bitcoin-assets, and had missed the following conversation.

Quote
[17:18] nah, honestly, I went into this just wanting to code a cool site and sell it.
[17:18] * Ukto poke pokes
[17:18] nobody bought, and I had already coded it.
[17:18] now I have to run it.
[17:19] lol
[17:19] noithing like taking on another project you didnt want Tongue
[17:19] the css updates were nice tho
[17:19] I have to grow it to where someone else thinks it's worth taking over.
[17:19] well, just keep selling your shares at 200l each, and youll get there Tongue
[17:19] i hope people are aware of that
[17:19] I was surprised how easy css3 makes it... it's been a while since I've done html/css stuff.
[17:20] kakobrekla: whats that?
[17:20] 02:17.13 ( burnside ) I have to grow it to where someone else thinks it's worth taking over.
[17:20] that
[17:20] oh
[17:20] I've been clear in many threads across many posts that we're looking for large investors to become involved.
[17:21] investors outside the US that are willing to do the AML share registration and be corporate officers, etc.
[17:21] and
[17:21] 02:16.28 ( burnside ) nah, honestly, I went into this just wanting to code a cool site and sell it.
[17:21] that
[17:21] yup, one leads into the other.
[17:21] think for a second about how I get from (A) to (B)
[17:22] (A) get investors, let them do the business pieces.  (B) I get to be the programmer and do the part that is fun for me.
[17:22] did you skip A ?
[17:22] and endup at C?
[17:23] I did.  Sad
[17:23] er D? none of the above. lol
[17:23] I did my part (B), and (A) never showed.
[17:23] lol
[17:23] well, at least you got someone in belize to act as a local director
[17:23] [MPEX] [S.MPOE] 9061 @ 0.00057483 = 5.2085 BTC [ + ]
[17:23] [MPEX] [S.MPOE] 11418 @ 0.00057489 = 6.5641 BTC [ + ]
[17:23] I'll keep doing my bit, and hopefully (A) will show.

I mean to keep asking you about this on IRC but never saw you again so I ask here

Can you put something in the terms about what any new owners could or could not do to us as users and issuers in the future? Like GLBSE suddenly wanted AML information. I am kind of worried that like other things, someone might come along and do who knows what with the systems, and get stuck under someone elses mess just because they bought the system out. What if they buy and then hire lawyers who tell them they have to stop everything as is and people must follow new rules or cannot have shares of users assets? This is something that could happen maybe sooner than later since the goal is to sell off.

Maybe provide some guarantee or assurances of things that new owners would not be able to do to users or assets and the steps you would take to protect the users, and the assets?

LTC-GLOBAL the owner of btct: I see there are 10,000 shares oustanding, and more have been slowly creeping for sale at higher prices over time.
Would you disclose how many shares you own? the company? And plans for the company to sell off shares? Did the company award all the shares to you in compensation for time and out of pocket expenses? Right now its valued around 300LTC per share or 3000000 LTC. [about $218,685.00 USD from btc-e at the moment] The last div payout, one of the highest LTC-GLOBAL has seen was 0.03451ltc per share for about 8days thats 1/10000th of the new price which is just trending upwards due what looks like a trickle release of shares, and a demand that you seem to have created by pushing that people buy the shares at this raising price to be more of a service to help the site. it is a good way to increase share price tho .It seems that LTC-GLOBAL is more selling people the ability to vote on assets on two systems to increase its share value, rather than having the companies value itself be based on what it is actually worth.
newbie
Activity: 31
Merit: 0
Guess I'm still asleep today Smiley Everything is fine
legendary
Activity: 1106
Merit: 1006
Lead Blockchain Developer
I'm trying to move my RSM shares from the claim account to my final account. It says that the fee with internal transfers is 0 but when I'm trying to move them it says "You do not have enough funds for that amount."

Also - now I have two btct.co accounts registered under one email address. Isn't it strange? Smiley

That's an error from the wallet page for BTC transfers.  Wink  You probably want to do the asset transfer from the portfolio page.

Cheers.
newbie
Activity: 31
Merit: 0
I'm trying to move my RSM shares from the claim account to my final account. It says that the fee with internal transfers is 0 but when I'm trying to move them it says "You do not have enough funds for that amount."

Also - now I have two btct.co accounts registered under one email address. Isn't it strange? Smiley
legendary
Activity: 4438
Merit: 3387
This bug has been around for a long time, so you must be aware of it: the Total Vol and Market Cap columns on the Market page are all 0.
Not exactly a bug, but definitely could use some improvement.  It's displaying in thousands for those fields and it's using floor() to round down.  On the LTC side of the site it made sense, but on the BTC side I think I need to scale it down to hundreds instead of thousands or something.

Or perhaps display either way depending on the value.


Another possible improvement: the volume values on the price history graphs are not convenient numbers (multiples of [1,2,5]x10n) and are sometimes not even whole numbers. I think this changed recently.
member
Activity: 61
Merit: 10
I have 2 accounts (auto set-up) at BTC Trading Corp.
I would like to create my own profile with and easier name etc and merge current accounts and future accounts into my (easier to remember) new log in.

Will this be possible?

Thanks.

There's no option to merge - but you can make your new account then log into the auto-created accounts and transfer the shares/BTC in them across to your new account.  There's no fee on transfers - so it just takes a litle bit of time but costs you nothing.

Excellent, thanks! Smiley
hero member
Activity: 532
Merit: 500
I have 2 accounts (auto set-up) at BTC Trading Corp.
I would like to create my own profile with and easier name etc and merge current accounts and future accounts into my (easier to remember) new log in.

Will this be possible?

Thanks.

There's no option to merge - but you can make your new account then log into the auto-created accounts and transfer the shares/BTC in them across to your new account.  There's no fee on transfers - so it just takes a litle bit of time but costs you nothing.
member
Activity: 61
Merit: 10
I have 2 accounts (auto set-up) at BTC Trading Corp.
I would like to create my own profile with and easier name etc and merge current accounts and future accounts into my (easier to remember) new log in.

Will this be possible?

Thanks.
legendary
Activity: 1106
Merit: 1006
Lead Blockchain Developer
This bug has been around for a long time, so you must be aware of it: the Total Vol and Market Cap columns on the Market page are all 0.

Not exactly a bug, but definitely could use some improvement.  It's displaying in thousands for those fields and it's using floor() to round down.  On the LTC side of the site it made sense, but on the BTC side I think I need to scale it down to hundreds instead of thousands or something.

Cheers.
legendary
Activity: 4438
Merit: 3387
Who the hell are these two people who voted NO on every Bond without a public comment? I think public comments should be requiered to vote NO.

FYI. A no vote counts as 2, so those bond issues with 2 no votes were actually only 1 vote.

Anyway, I voted no of four of them. Three of those were because they do not pay back the loan. I generally post public comments if there is something in the contract that seems important but is not obvious. Since most mining bonds do not pay back the loan, I didn't bother, but I might start noting this "dirty little secret" in the future.

In case you are interested, my personal criteria for approving a security was posted in this thread: https://bitcointalksearch.org/topic/my-criteria-for-approving-securites-on-ltc-global-and-btc-trading-corp-129844
sr. member
Activity: 434
Merit: 250
Bold BTC symbol has a problem. There is always a box drawn to the right of it.

Speaking of bugs, perhaps it would be a good idea to have a way to report bugs from the site.
That is pretty strange.
What browser/version OS/version are you running?  (looks good to me in FF on win7)
I am running Chrome 23.0.1271.97 m on windows 7.
Just tested using 23.0.1271.97 in win7, I don't see it in the two places I know about the bold symbol. (orders summary, portfolio.  orders summary, asset trade page)
Can you think of anything that might be different?  (Do you use any custom fonts, or zoom settings?)  Or maybe I'm looking in the wrong place? 

When it happens, it happens everywhere, but it looks like it is intermittent. Also, one time it occurred on all the non-bold BTC symbols. Sorry I'm not much help.

I've seen this too on Win8 Pro/Chrome.
full member
Activity: 249
Merit: 114
Who is John Galt?
This bug has been around for a long time, so you must be aware of it: the Total Vol and Market Cap columns on the Market page are all 0.
full member
Activity: 249
Merit: 114
Who is John Galt?
Bold BTC symbol has a problem. There is always a box drawn to the right of it.

Speaking of bugs, perhaps it would be a good idea to have a way to report bugs from the site.
That is pretty strange.
What browser/version OS/version are you running?  (looks good to me in FF on win7)
I am running Chrome 23.0.1271.97 m on windows 7.
Just tested using 23.0.1271.97 in win7, I don't see it in the two places I know about the bold symbol. (orders summary, portfolio.  orders summary, asset trade page)
Can you think of anything that might be different?  (Do you use any custom fonts, or zoom settings?)  Or maybe I'm looking in the wrong place? 

When it happens, it happens everywhere, but it looks like it is intermittent. Also, one time it occurred on all the non-bold BTC symbols. Sorry I'm not much help.
member
Activity: 69
Merit: 10
RSM import complete.

As with previous imports, if you were expecting an email and you did not receive one, please check your spam folder before contacting Matthew or us for support.  Google in particular has been putting most of our welcome emails into the spam box.

I hope everyone will join us in welcoming RSM refugees to BTC-TC!
legendary
Activity: 1106
Merit: 1006
Lead Blockchain Developer
Maybe it would be relevant to setup a system where specific actions would need to be allowed or disallowed (with or without a vote) at asset creation (with a related sentence or two in the contract). So that moving an asset (or actions like split, issuing shares, changing contract, changing permissions) would require a vote.

What I'm imagining is a little bit like Android permissions where an issuer has to declare ahead of time exactly what would be required, preferably enforced by the system (though just declaring the permissions would be enough to deter some behavior I imagine). As an example: Issuer may not issue additional shares, issuer may add additional shares without vote (Method should still be declared ahead of time), and issuer may issue shares with motion. Although even an asset which originally declares no new shares will be issued can later change this behavior with a shareholder motion of course.

I agree, I need to ask more questions about the security at creation time.  Some of that could be enforced.  Some of it just becomes an informational blurb on the contract page.

Another one is "What percentage of the shares does it take to pass a motion?".

Appreciate the input.  It'll be a bit before I get to it, but I will definitely integrate this stuff in to the asset creation stage.

Cheers.
sr. member
Activity: 389
Merit: 250
Some of you probably noticed that Ian has locked BAKEWELL.  This is his post:

Trading of BAKEWELL on btct.co has been halted.

BAKEWELL is in the process of moving to BitFunder.com. Please prepare to claim your shares on that platform.

I apologize for any inconvenience.

We are thankful for btct.co extending help to us during the glbse fiasco, they have a great team and make a wonderful platform.

I'm a little sad to see him go.  I don't see a motion on this anywhere, which means his shareholders were not given a vote on this.  That is a little unfortunate.  (I'm a shareholder, it's definitely annoying on a personal level...)

The more important point though is that this proves that the tools we give asset issuers make it really easy to do transitions like this.  Our hard work is being put to the test, and the product is holding up to real-life situations and meeting the rapidly changing needs of the community.  (be sure that if you do transition, the other side has the same tools, or you may find yourself locked in and unable to come back.)  So while this is a slight setback for the exchange overall, it validates and reinforces a lot of our hard work.

Cheers.
Maybe it would be relevant to setup a system where specific actions would need to be allowed or disallowed (with or without a vote) at asset creation (with a related sentence or two in the contract). So that moving an asset (or actions like split, issuing shares, changing contract, changing permissions) would require a vote.

What I'm imagining is a little bit like Android permissions where an issuer has to declare ahead of time exactly what would be required, preferably enforced by the system (though just declaring the permissions would be enough to deter some behavior I imagine). As an example: Issuer may not issue additional shares, issuer may add additional shares without vote (Method should still be declared ahead of time), and issuer may issue shares with motion. Although even an asset which originally declares no new shares will be issued can later change this behavior with a shareholder motion of course.
member
Activity: 69
Merit: 10
Great to see that all the locked assets where moved to the Locked section.
You should move locked assets which are in the approval process there too.

Why was BTCI frozen by you?

BTCT-TC shouldn't list assets witch are locked for public trading under "These assets need your vote!". There is no point voting on these assets.

Who the hell are these two people who voted NO on every Bond without a public comment? I think public comments should be requiered to vote NO.

BTCI was frozen (and removed) at the request of the issuer.

Good call on the locked assets awaiting approval.  They are now on the locked tab as well.

Public comments are not required when voting NO because sometimes the voter would prefer the comments to be private.  A NO vote does require a comment, either public or private, so in theory the asset issuer is getting good feedback either way.

Thank you for using BTC-TC!
member
Activity: 69
Merit: 10
Hey mods, quick request that you take a fresh look at RSM.

The contract wasn't there because of an issue with the form XSS filtering.  (The contract had a < in it.)  The bug is now fixed.

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