Giga should be getting the information.
I have received coins but no information.
Topic: Gigamining / Teramining - page 78. (Read 216450 times)
I have received coins but no information.
There's been several reports, but all small amounts, I haven't heard of more then a bitcoin and a half repayed to any one account.
All of my accounts, some of them well over 1 BTC have been refunded.I suspect stall tactics but to what end I guess we'll see.
It does not look like it.Is it bad I still wanna upgrade my shares despite all the drama?
I still do too. And judging by the fact that all of my BTC have been returned, Giga should be getting the information. Make sure you counsel looks in to the newly voted crowd sourcing law H.R.2930:
http://thomas.loc.gov/cgi-bin/query/D?c112:4:./temp/~c112dITQd0::
Its not going to make everyone happy since bonds would no longer be tradable directly among investors and its not clear to me if investors could remain anonymous, but it could provide a legal framework to operate within.
http://thomas.loc.gov/cgi-bin/query/D?c112:4:./temp/~c112dITQd0::
Its not going to make everyone happy since bonds would no longer be tradable directly among investors and its not clear to me if investors could remain anonymous, but it could provide a legal framework to operate within.
Your link isn't working anymore. Can you post an update?
There's been several reports, but all small amounts, I haven't heard of more then a bitcoin and a half repayed to any one account. I suspect stall tactics but to what end I guess we'll see. Is it bad I still wanna upgrade my shares despite all the drama?
I received my full account withdrawal of 18+ BTC. I haven't compared the amount to my records, but I'm pretty sure it's exactly what was in my account and possibly with a couple more payments from assets last weekend.
I'm currently reviewing the requirements to incorporate a mining operation.
I'm looking forward to continuing my contract with James as well & offered my assistance to his research as he looks into all the odds & ends of these situations/contracts/securities.
EDIT: I submitted the requested AML info... in case that has anything to do with me getting my significant share of BTC back.
There's been several reports, but all small amounts, I haven't heard of more then a bitcoin and a half repayed to any one account. I suspect stall tactics but to what end I guess we'll see. Is it bad I still wanna upgrade my shares despite all the drama?
In other news GLBSE just sent me the 0.8 BTC that was in my account, I had 0.77 so I guess they just rounded up. Anyone else notice a strange deposit near what they had?
As for profiting I have done nothing but lose a ton of bitcoins since joining any mining interests, so making a profit doesn't come in to it even - I would just like to lose a little less bitcoins which can only happen if Giga gets the ASCIS earlier than others & hashes them out for us as he'd proposed before.
We are all on the same boat... let's hope that the whole GLBSE drama ends soon and gigavps find a way to do the upgrade himself.
As for profiting I have done nothing but lose a ton of bitcoins since joining any mining interests, so making a profit doesn't come in to it even - I would just like to lose a little less bitcoins which can only happen if Giga gets the ASCIS earlier than others & hashes them out for us as he'd proposed before.
Another way to look at it, when ppl bought a 'unit' of Gigamining they were paying you to do some computer hashing work on their behalf just as if they had paid you to do some graphic design work for them, ppl then sold/passed some of these 'units' on to others & now they get the rewards of the contracted hashing & these rewards are in bitcoins as was what was paid to you for the work, I can't see this as being a problem for anyone, it's like paying someone in an in-game virtual currency to level you up or farm game-gold for you - ie it's nobody else's business.
It is if it was claimed that, or expected by you that, you would be able to profit such as by being able to resell the levelled up characters for a profit, supposedly.
Which also seems weird as who would order industrial / wholesale quantities of levelled up characters save for resale, and who would resell any product at a loss? So even their criteria about expecting to profit seems dubious really when compared to paying a manufacturer to do the work and management of adding value to raw materials to produce something you expect to profit by.
I wonder how ordering a custom line of clothes from a fashion designer/manufacturer differs from a "security", if in fact it does...
Maybe shops buy "clothes futures" that are in fact securities, instead of ordering clothes for later delivery?
-MarkM-
Another way to look at it, when ppl bought a 'unit' of Gigamining they were paying you to do some computer hashing work on their behalf just as if they had paid you to do some graphic design work for them, ppl then sold/passed some of these 'units' on to others & now they get the rewards of the contracted hashing & these rewards are in bitcoins as was what was paid to you for the work, I can't see this as being a problem for anyone, it's like paying someone in an in-game virtual currency to level you up or farm game-gold for you - ie it's nobody else's business.
I guess the hardest part would be tracking who "passed" the 'units' to whom?
Another way to look at it, when ppl bought a 'unit' of Gigamining they were paying you to do some computer hashing work on their behalf just as if they had paid you to do some graphic design work for them, ppl then sold/passed some of these 'units' on to others & now they get the rewards of the contracted hashing & these rewards are in bitcoins as was what was paid to you for the work, I can't see this as being a problem for anyone, it's like paying someone in an in-game virtual currency to level you up or farm game-gold for you - ie it's nobody else's business.
I'm no lawyer and I'm sure your council will find a way, but rather than keep the securitised "mining bond" contract/configuration/nomenclature, could we not simply define Gigamining as a lease or rental agreement for a portion of the physical hardware? I don't see how this would differ from say, leasing a Linode. All totally outside securities regulation.
I mean... I don't think any investors saw this as an actual *bond* in the traditional meaning of the word... (I'm not expecting to be near the top of the list of creditors in case of default).
Anyway, fingers crossed the wind-up will roll along without too many hitches (FWIW a friend and I spoke with Nefario at length at the London conf. He came across to me as a genuinely pleasant and honest guy and I am certainly happy to trust him for the portion of assets I have lodged at GLBSE, which is not an inconsiderable sum).
I mean... I don't think any investors saw this as an actual *bond* in the traditional meaning of the word... (I'm not expecting to be near the top of the list of creditors in case of default).
Anyway, fingers crossed the wind-up will roll along without too many hitches (FWIW a friend and I spoke with Nefario at length at the London conf. He came across to me as a genuinely pleasant and honest guy and I am certainly happy to trust him for the portion of assets I have lodged at GLBSE, which is not an inconsiderable sum).
I second this. So long as you can reliably figure out who owns how many it is the same thing... if you get that part and a payout address while I am sure there must be some backend figuring out % of payouts it is the same thing.. just direct to your "holders"
Naelr
I'm no lawyer and I'm sure your council will find a way, but rather than keep the securitised "mining bond" contract/configuration/nomenclature, could we not simply define Gigamining as a lease or rental agreement for a portion of the physical hardware? I don't see how this would differ from say, leasing a Linode. All totally outside securities regulation.
I mean... I don't think any investors saw this as an actual *bond* in the traditional meaning of the word... (I'm not expecting to be near the top of the list of creditors in case of default).
Anyway, fingers crossed the wind-up will roll along without too many hitches (FWIW a friend and I spoke with Nefario at length at the London conf. He came across to me as a genuinely pleasant and honest guy and I am certainly happy to trust him for the portion of assets I have lodged at GLBSE, which is not an inconsiderable sum).
I mean... I don't think any investors saw this as an actual *bond* in the traditional meaning of the word... (I'm not expecting to be near the top of the list of creditors in case of default).
Anyway, fingers crossed the wind-up will roll along without too many hitches (FWIW a friend and I spoke with Nefario at length at the London conf. He came across to me as a genuinely pleasant and honest guy and I am certainly happy to trust him for the portion of assets I have lodged at GLBSE, which is not an inconsiderable sum).
THX, I wont even open laptop during thiw weekend BTW. 
I would also say:
I'd like that you can continue with gigamining and teramining.
Thanks for all the extra work you are doing.
I'd like that you can continue with gigamining and teramining.
Thanks for all the extra work you are doing.
Hi szuetam,
I am continuing to work with counsel on these issues. I still have yet to receive anything from glbse.
Hopefully we can all forget about the drama for a weekend.
Best,
gigavps
I would also say:
I'd like that you can continue with gigamining and teramining.
Thanks for all the extra work you are doing.
I'd like that you can continue with gigamining and teramining.
Thanks for all the extra work you are doing.
Now what?
Quote
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Last night, I had trouble logging in, but it's working now. Don't know how long it'll take for them to kick my balance loose...it's less than BTC1, so it's not a huge loss if it doesn't, but it'd be nice if they did.
I'd like that you can continue with gigamining and teramining.
Thanks for all the extra work you are doing.
Thanks for all the extra work you are doing.
+1 & to the other helpful comments, I've logged in to GLBSE site & registered my email address, bitcoin address & checked the box for requesting that the list of my assets are shared with the issuers of these assets.
Make sure you counsel looks in to the newly voted crowd sourcing law H.R.2930:
http://thomas.loc.gov/cgi-bin/query/D?c112:4:./temp/~c112dITQd0::
Its not going to make everyone happy since bonds would no longer be tradable directly among investors and its not clear to me if investors could remain anonymous, but it could provide a legal framework to operate within.
http://thomas.loc.gov/cgi-bin/query/D?c112:4:./temp/~c112dITQd0::
Its not going to make everyone happy since bonds would no longer be tradable directly among investors and its not clear to me if investors could remain anonymous, but it could provide a legal framework to operate within.
I'd like that you can continue with gigamining and teramining.
Thanks for all the extra work you are doing.
Thanks for all the extra work you are doing.
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