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Topic: btt - page 21. (Read 407347 times)

hero member
Activity: 784
Merit: 501
October 07, 2013, 05:52:30 AM
Looking forward to hearing the moving forward plan...
legendary
Activity: 1022
Merit: 1000
October 07, 2013, 02:35:29 AM
Any news update on btct shares?
sr. member
Activity: 406
Merit: 250
October 07, 2013, 12:30:40 AM
Something is obviously going on, I hope creativex hasn't fall ill :-(
full member
Activity: 379
Merit: 100
Decentralized Ascending Auctions on Blockchain
October 02, 2013, 12:13:49 PM
I've been a shareholder since the start and I know you will make he right decisions for us.
hero member
Activity: 784
Merit: 501
October 02, 2013, 10:43:24 AM
Looks like some nice modding possibilities with our order...37% increase in performance with some heatsinks and a PENCIL  Shocked

1 TH order instead of 800 Gh?

I am currently getting 551GH/s noncerate as a type this on my full rig.   Running R02F at 1.2k, small heatsinks attached to the back of each board, 6x 120mm fans split on each side of the rig, 2x 200mm fans on the top of the rig.

The chip temps all seem to be in the low 50 C range or lower.
legendary
Activity: 1694
Merit: 1024
October 01, 2013, 10:02:15 PM
So creativex, we should be getting 800GH/s online sometime this month, or is the delivery scheduled for next month?
member
Activity: 99
Merit: 10
September 30, 2013, 11:48:30 AM
Well, we could also wait until colored coins technology matures.
sr. member
Activity: 364
Merit: 250
September 30, 2013, 08:01:20 AM
It's pretty much confirmed that btct.co source codes will be sold (auctioned off) to someone in the bitcoin community and the exchange will be re-opened under a new name and clean slate of issuers and users.

Although, in light of all the legal troubles with US regulators, US-based companies may be prohibited from it.

In other news, cex.io - bitfury commodity exchange where you can buy Gh/s with instant delivery (at ghash.io pool).

I'm really not certain another exchange is the solution to this issue, but whatever way it goes I suppose.
member
Activity: 99
Merit: 10
September 29, 2013, 09:28:40 PM
It's pretty much confirmed that btct.co source codes will be sold (auctioned off) to someone in the bitcoin community and the exchange will be re-opened under a new name and clean slate of issuers and users.

Although, in light of all the legal troubles with US regulators, US-based companies may be prohibited from it.

In other news, cex.io - bitfury commodity exchange where you can buy Gh/s with instant delivery (at ghash.io pool).
member
Activity: 74
Merit: 10
Cookies!!! Gimme Cookies!!!
September 29, 2013, 08:52:00 PM
if you did a 1:5 or 1:10 reverse split on the shares you get bout 10k or 5k in shares outstanding. I think that could be managed as direct shares on here


This is out-of-the-box thinking. And I like that kind of thinking.

But I would have to disagree with it completely. Creativex pays daily dividends and manages all the equipment. That alone is almost a full-time job (we'll call it a solid part-time job).
I can't imagine him running direct shares as well. He would barely have any time left over to drink while cleaning his guns!  Cheesy

I think our best move... is to a new exchange.

agreed Creativex couldn't run it. but from lookin on here, and this this thread in particular, there are any number of you that could help w/ the numbers, and the trade thread. Only final transfers would have to be looked over by Creativex IMO.

Well ty for not bashing to death tho. It was only an idea.
hero member
Activity: 634
Merit: 500
September 29, 2013, 08:46:37 PM
if you did a 1:5 or 1:10 reverse split on the shares you get bout 10k or 5k in shares outstanding. I think that could be managed as direct shares on here


This is out-of-the-box thinking. And I like that kind of thinking.

But I would have to disagree with it completely. Creativex pays daily dividends and manages all the equipment. That alone is almost a full-time job (we'll call it a solid part-time job).
I can't imagine him running direct shares as well. He would barely have any time left over to drink while cleaning his guns!  Cheesy

I think our best move... is to a new exchange.
member
Activity: 74
Merit: 10
Cookies!!! Gimme Cookies!!!
September 29, 2013, 08:27:48 PM
I know I'm new here, and I don't own very many shares but, here's an idea I'll toss out there. There are 51k shares outstanding atm. Way too many to handle as direct shares for one person alone. But, if you did a 1:5 or 1:10 reverse split on the shares you get bout 10k or 5k in shares outstanding. I think that could be managed as direct shares on here IMO. One thread for trading the shares and such and one thread for discussions/voting and such.

This IMO is an outstanding asset, and, is well thought out and well run. If maybe some ppl would be willing to help moderate the trade thread, this shouldn't be too much work IMO.

OK sorry if I'm totally off base, and I realize there will be loss in liquidity this way, but maybe something can be hashed out from this very basic idea?
legendary
Activity: 1022
Merit: 1000
September 29, 2013, 07:28:00 PM
Please if you have news update, post it in your btct news section. thank you.
member
Activity: 112
Merit: 10
September 28, 2013, 12:08:31 AM
What I really appreciate is how much more calm and civilized Basic mining investors are compared to what I have seen in other security threads.

basic mining is the btc security that I worry the less holding.

have a good week-end everyone
member
Activity: 99
Merit: 10
September 27, 2013, 10:17:24 PM
So, I guess we wait for Havelock's announcement next week regarding their legal status?

I still hope burnin will sell the source codes of the exchange to someone reputable in bitcoin community and btct will live again under a new name. Hopefully far from the reach of US regulators.
hero member
Activity: 546
Merit: 500
Owner, Minersource.net
September 27, 2013, 03:57:23 PM
Having spent some time talking with Creativex on the phone - if nothing else the man does his research and the returns on this asset show it.
legendary
Activity: 3808
Merit: 7912
September 27, 2013, 03:27:31 PM
Not really the point. Trust is all that matters in this space. If an asset issuer is trustworthy then it doesn't matter which boxes are checked. They'll adhere to their own contract anyway. The issue for me is that it's even an option. If btct.co did blow up because of the labcoin and btcgarden fiascoes then what will stop bitfunder from doing the same? Particularly given that some asset issuers listed there will not only choose to make their contracts unilaterally fungible but can and have unilaterally altered those contracts after selling shares.

mate BTCT are closing

what are we doing?

Direct shares?

I'm happy with anything

But we can't keep it like that... Uncertainty kill in this market

The stock will be at 0.01 by the end of next week


Ideal time for buyback Pssst!  Wink

This isn't labcoin, BTCGarden, PETA-MINE, ActM or countess other money grabs. bASIC-Mining has only ever taken in a total of 1872.7165 on the sale of 4000 shares while paying out 682.6940 in dividends, and 1584.5395 to purchase hardware and investments.

This means we've already paid out 394.5170 more than we've ever taken in from investors and we still have 762.9402 in liquid assets belonging to shareholders as well as 2.235Th of mining gear also belonging to shareholders. This value has been created through responsible management.

I donated the original ASIC pre-order that this company was founded upon. I find it offensive that you'd even make such a comment even if in tiny text.

I am sorry I offended you, it wasn't meant in that way. What I meant is that BASIC could buy back some shares and discard them, so dividends per share will be larger.

 Hey JimiQ84,
  Jak jiste vite, you can buy your own shares at the bargain prices and increase your own dividends while at the same time lowering your average buy price.  Sometimes you should filter your thoughts before committing them to screen.

and Hey Everyone else,

 CreativeX has steered and continues to steer this revenue share with honesty and integrity - values which seem to be lacking in many areas of Bitcoin.  I believe he will do what is right based on logic and reason rather than the emotionality and haste you people would foist on him at this time of uncertainty.  We don't even know all the details of this latest news.  Give the man some time to think things through.

Creativex,
 Take care of yourself.  Whatever you do, make sure to consider your best interests above all of us leechers who would only desire to make money from your ideas and hard work.


sr. member
Activity: 406
Merit: 250
September 27, 2013, 01:15:07 AM
Not really the point. Trust is all that matters in this space. If an asset issuer is trustworthy then it doesn't matter which boxes are checked. They'll adhere to their own contract anyway. The issue for me is that it's even an option. If btct.co did blow up because of the labcoin and btcgarden fiascoes then what will stop bitfunder from doing the same? Particularly given that some asset issuers listed there will not only choose to make their contracts unilaterally fungible but can and have unilaterally altered those contracts after selling shares.

mate BTCT are closing

what are we doing?

Direct shares?

I'm happy with anything

But we can't keep it like that... Uncertainty kill in this market

The stock will be at 0.01 by the end of next week


Ideal time for buyback Pssst!  Wink

This isn't labcoin, BTCGarden, PETA-MINE, ActM or countess other money grabs. bASIC-Mining has only ever taken in a total of 1872.7165 on the sale of 4000 shares while paying out 682.6940 in dividends, and 1584.5395 to purchase hardware and investments.

This means we've already paid out 394.5170 more than we've ever taken in from investors and we still have 762.9402 in liquid assets belonging to shareholders as well as 2.235Th of mining gear also belonging to shareholders. This value has been created through responsible management.

I donated the original ASIC pre-order that this company was founded upon. I find it offensive that you'd even make such a comment even if in tiny text.

I am sorry I offended you, it wasn't meant in that way. What I meant is that BASIC could buy back some shares and discard them, so dividends per share will be larger.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
September 27, 2013, 01:01:59 AM

Quote
Could we move to Havelock or any other exchange?
I asked Havelock. The response was "We are not accepting new assets at this time."

It seems that there is a chance that havelock will be down soon as well. Soon we will need a silkroad version of an exchange  Roll Eyes .

Please do not list on MPEX would rather go with a direct shareholder list XD.
(A reference to the MPEX faq if it ever died it would go tor and namecoin the site is down currently you will need to check it later)

Havelock did say they were not actively pursing new assets, so can't blame them as they want to wait for the official opinion of their legal team before making a decision so still within expectation.

We're not actively looking to acquire any of their listings until we have more details on the situation.
member
Activity: 91
Merit: 10
September 27, 2013, 12:46:01 AM
October 3rd for havelocks announcement regarding their legal status not sure if bitfunder will do a similar research based approach.

Hello everyone, just an update on Havleock Investments and the ongoing legal uncertainty in the bitcoin world.
We are still working with our legal team to get our affairs in order and have been told we will have information with which to move forward next week.  We'll be letting everyone know on Thursday October 3rd.
To all the fund managers who have contacted us inquiring about listing, we thank you for your interest and will be able to give some definite answers next Thursday.
Thanks for your time.

If Nasty's news update is anything to go by as well:

Quote
Could we move to Havelock or any other exchange?
I asked Havelock. The response was "We are not accepting new assets at this time."

It seems that there is a chance that havelock will be down soon as well. Soon we will need a silkroad version of an exchange  Roll Eyes .
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