[GLBSE] PureMining: Infinite-term, deterministic mining bond - page 7.

Naelr

full member

Activity: 231

Merit: 100

Quote from: Meni Rosenfeld on October 31, 2012, 09:53:14 AM

I think we need to start preparing for the very real possibility that I may not be getting the data from GLBSE. So:

1. If you haven't sent a claim to me yet, now is the time.

2. I propose that if nothing happens within ~2 weeks, I will start paying out accumulated and future coupons according to the information I currently have. Payments for unclaimed bonds will go towards a reserve fund, which will be used either to partially compensate missing bondholders when the data is obtained, or eventually donated to an agreed-upon charity.
[/quote

I know I sent you my claim but is it possible for you maybe to post a list of those that have so we know you have our information?

Naelr

zefir

donator

Activity: 919

Merit: 1000

Quote from: Meni Rosenfeld on October 31, 2012, 10:45:36 AM

[...]
Since I'm not making a full buyback currently the damage of making some payments with incomplete data is limited, and as mentioned I'm giving more time until doing even that. But if people prefer that I wait even longer I'm fine with that.

I'd support waiting a little bit more (say end of this year, just in case Mayan were right Wink

), since my latest CSV is outdated and I would need to guess the the number of bonds I hold. Starting payments now based on estimates will just double the work in case Nefario decides to provide the data some day.

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

Quote from: organofcorti on October 31, 2012, 10:28:26 AM

Quote from: Meni Rosenfeld on October 15, 2012, 05:41:14 PM

...... For reference, I've talked a bit with Nefario but haven't yet received any data, or my own coins.

Quote from: Meni Rosenfeld on October 31, 2012, 09:53:14 AM

I think we need to start preparing for the very real possibility that I may not be getting the data from GLBSE...

Did you at least get your own coins?

No. I had a hunch I shouldn't be keeping too many bitcoins there, so I withdrew most but had about 100 remaining. With the double payment thing I doubt I'll be getting them - just another one in a long list of recent losses I've had.

Quote from: ?? on ??

Quote from: Meni Rosenfeld on October 31, 2012, 09:53:14 AM

I think we need to start preparing for the very real possibility that I may not be getting the data from GLBSE. So:

Is there any material information that leads you to that conclusion ?

Not really, other than the length of time this has dragged on and Nefario not responding to my last mail.

Since I'm not making a full buyback currently the damage of making some payments with incomplete data is limited, and as mentioned I'm giving more time until doing even that. But if people prefer that I wait even longer I'm fine with that.

organofcorti

donator

Activity: 2058

Merit: 1007

Poor impulse control.

Quote from: Meni Rosenfeld on October 15, 2012, 05:41:14 PM

...... For reference, I've talked a bit with Nefario but haven't yet received any data, or my own coins.

Quote from: Meni Rosenfeld on October 31, 2012, 09:53:14 AM

I think we need to start preparing for the very real possibility that I may not be getting the data from GLBSE...

Did you at least get your own coins?

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

I think we need to start preparing for the very real possibility that I may not be getting the data from GLBSE. So:

1. If you haven't sent a claim to me yet, now is the time.

2. I propose that if nothing happens within ~2 weeks, I will start paying out accumulated and future coupons according to the information I currently have. Payments for unclaimed bonds will go towards a reserve fund, which will be used either to partially compensate missing bondholders when the data is obtained, or eventually donated to an agreed-upon charity.

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

Quote from: Naelr on October 25, 2012, 12:23:09 AM

I guess there still is no news from GLBSE for you either?

Naelr

Right.

Naelr

full member

Activity: 231

Merit: 100

I guess there still is no news from GLBSE for you either?

Naelr

viboracecata

legendary

Activity: 1316

Merit: 1000

Varanida : Fair & Transparent Digital Ecosystem

I have personally sent my claims to you, thx.

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

Bumping to remind people to file claims.

For reference, I've talked a bit with Nefario but haven't yet received any data, or my own coins.

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

It seems there is now a claim form on https://glbse.com/. Please file a claim there. Since we do not yet know what will happen with the information submitted, it may be a good idea to independently send me a claim as described above (by sending email to glbse at menirosenfeld dot com with information of GLBSE username, amount of bonds held and withdrawal address, as well as any other relevant details).

senor_coconut

member

Activity: 69

Merit: 10

a big question mark

Quote from: Meni Rosenfeld on October 06, 2012, 02:42:45 PM

Quote from: ThePanCakeKid95 on October 06, 2012, 09:28:43 AM

ok since no one else has said anything yet since glbse is close what happens to all our shares that we owned?

The first step will be to compile a list of asset holders (identified by payment address) and corresponding amount of PureMining bonds. I hope Nefario cooperates in generating such a list, but just in case:

If you have any PureMining bonds, please send an email to glbse at menirosenfeld dot com specifying the amount of bonds you had and a payment address (and preferably, some other details). If no information comes from Nefario and the claims are consistent, I'll consider going by the claims. Otherwise we'll figure something out (donation to charity is a possibility).

The second step will be to find an appropriate technical means to distribute coupons as normal until an eventual buyback. The buyback terms will of course have to be modified since there is no longer trading on GLBSE (probably making use of the extrapolated lifetime earnings).

I've also sent my information as mentioned above.

I'll cross-post Nefario's thread here because the discussion is now focusing on aspects that concern asset issuers as well as holders.
Your views are most welcome:

https://bitcointalksearch.org/topic/m.1262096

Naelr

full member

Activity: 231

Merit: 100

Quote from: Meni Rosenfeld on October 06, 2012, 02:42:45 PM

Quote from: ThePanCakeKid95 on October 06, 2012, 09:28:43 AM

ok since no one else has said anything yet since glbse is close what happens to all our shares that we owned?

The first step will be to compile a list of asset holders (identified by payment address) and corresponding amount of PureMining bonds. I hope Nefario cooperates in generating such a list, but just in case:

If you have any PureMining bonds, please send an email to glbse at menirosenfeld dot com specifying the amount of bonds you had and a payment address (and preferably, some other details). If no information comes from Nefario and the claims are consistent, I'll consider going by the claims. Otherwise we'll figure something out (donation to charity is a possibility).

The second step will be to find an appropriate technical means to distribute coupons as normal until an eventual buyback. The buyback terms will of course have to be modified since there is no longer trading on GLBSE (probably making use of the extrapolated lifetime earnings).

Info has been sent sir.

Naelr

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

Quote from: ThePanCakeKid95 on October 08, 2012, 03:45:57 PM

Also you should also consider keeping your operation going, I spent weeks trying to figure out what bonds I wanted to invest in a while back and would love to keep business with you.

Thanks. In a few months I'll see if it makes sense to issue more bonds.

ThePanCakeKid95

sr. member

Activity: 418

Merit: 250

Also you should also consider keeping your operation going, I spent weeks trying to figure out what bonds I wanted to invest in a while back and would love to keep business with you.

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

Quote from: dishwara on October 07, 2012, 11:10:31 AM

I don't have that much luxury to donate coins to charity. May be for others, its just some coins, for me its life.

Forced donation will be a last resort if there is no way to figure out who the bondholders are.

If you manage to recover your csv and determine exactly how many bonds you hold, it will be a good start.

dishwara

legendary

Activity: 1855

Merit: 1016

I don't have that much luxury to donate coins to charity. May be for others, its just some coins, for me its life.

Hope Nefario won't scam every one.

I had my history downloaded last week from GLBSE as csv, but deleted.
Trying to recover it.

@Meni Rosenfeld, may be you can donate me some, coz you like donating very much & donated to this forum.
1LHvvynRR5N1c1e6DbqHRoF8rYfMcChg7e

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

Quote from: ThePanCakeKid95 on October 06, 2012, 09:28:43 AM

ok since no one else has said anything yet since glbse is close what happens to all our shares that we owned?

The first step will be to compile a list of asset holders (identified by payment address) and corresponding amount of PureMining bonds. I hope Nefario cooperates in generating such a list, but just in case:

If you have any PureMining bonds, please send an email to glbse at menirosenfeld dot com specifying the amount of bonds you had and a payment address (and preferably, some other details). If no information comes from Nefario and the claims are consistent, I'll consider going by the claims. Otherwise we'll figure something out (donation to charity is a possibility).

The second step will be to find an appropriate technical means to distribute coupons as normal until an eventual buyback. The buyback terms will of course have to be modified since there is no longer trading on GLBSE (probably making use of the extrapolated lifetime earnings).

ThePanCakeKid95

sr. member

Activity: 418

Merit: 250

ok since no one else has said anything yet since glbse is close what happens to all our shares that we owned?

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

Coupon payment summary for September 2012 (total 0.011225321 BTC per bond):

Code:

Block number	Timestamp        	Timestamp (Unix)	Elapsed time	Difficulty	Block reward	Coupon    	Bonds	Total      	Status
201263    	Sep 30 2012 17:17:37  	1349025457          	182212    	2864140.50781 	50        	0.0007406155	16000	11.8498480	Paid
200927    	Sep 28 2012 14:40:45  	1348843245          	187715    	2864140.50781 	50        	0.0007629829	16000	12.2077264	Paid
200591    	Sep 26 2012 10:32:10  	1348655530          	194988    	2864140.50781 	50        	0.0007925446	16000	12.6807136	Paid
200255    	Sep 24 2012 04:22:22  	1348460542          	187875    	2864140.50781 	50        	0.0007636332	16000	12.2181312	Paid
199919    	Sep 22 2012 00:11:07  	1348272667          	179862    	2864140.50781 	50        	0.0007310637	16000	11.6970192	Paid
199583    	Sep 19 2012 22:13:25  	1348092805          	189228    	2694047.95296 	50        	0.0008176929	16000	13.0830864	Paid
199247    	Sep 17 2012 17:39:37  	1347903577          	178699    	2694047.95296 	50        	0.0007721949	16000	12.3551184	Paid
198911    	Sep 15 2012 16:01:18  	1347724878          	190737    	2694047.95296 	50        	0.0008242136	16000	13.1874176	Paid
198575    	Sep 13 2012 11:02:21  	1347534141          	202877    	2694047.95296 	50        	0.0008766730	16000	14.0267680	Paid
198239    	Sep 11 2012 02:41:04  	1347331264          	191343    	2694047.95296 	50        	0.0008268322	16000	13.2293152	Paid
197903    	Sep 08 2012 21:32:01  	1347139921          	184897    	2694047.95296 	50        	0.0007989778	16000	12.7836448	Paid
197567    	Sep 06 2012 18:10:24  	1346955024          	158365    	2440642.60692 	50        	0.0007553794	16000	12.0860704	Paid
197231    	Sep 04 2012 22:10:59  	1346796659          	186709    	2440642.60692 	50        	0.0008905765	16000	14.2492240	Paid
196895    	Sep 02 2012 18:19:10  	1346609950          	182802    	2440642.60692 	50        	0.0008719406	16000	13.9510496	Paid

Meni Rosenfeld

donator

Activity: 2058

Merit: 1054

Coupons due while I'm in London will wait to be paid until I return on Wednesday.

Topic: [GLBSE] PureMining: Infinite-term, deterministic mining bond - page 7. (Read 39585 times)