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Topic: [Group Buy]12 KNCminer Jupiter's 15 Sold [Closed] Jupiter Pool - page 21. (Read 75591 times)

member
Activity: 60
Merit: 10
Got the email update and transcript of skype chat. Good info there. Glad to see they have addressed the security problem that popped off recently. Kinda wish now I could move my securities at BTCT.co over to BF. For anyone that didn't receive or read the email, there will be a voting email sent out early next week to decide on listing on BitFunder.
sr. member
Activity: 462
Merit: 250
Any word on plans to go to an exchange?

I sent out an email update last night regarding this very topic.

You didnt receive? please send me your email

Cheers
full member
Activity: 260
Merit: 100
Any word on plans to go to an exchange?
newbie
Activity: 16
Merit: 0
I took a look at Bitfunder, but am not that familiar with the details of listing shares of miners (specifically what the costs / caveats / issues are of being listed).

1. Are there additional costs associated with this? (Listing fees, mgmt fees, etc)
2. Are there any restrictions on shares? (Lockout timeframes, sale fees, who can buy/sell, etc)
3. How is EOL handled for the fund? (Yield < Power costs)
4. For a mining pool, how are hardware failures handled? (Direct dilution across the pool, specific person is SOL, share retirement, etc)

Sorry if these are elementary questions. I have experience with stock options (employee and "general"), RSUs, stocks, bonds, etc, but have never worked with something like this in the bitcoin space, and don't feel informed enough about it to vote "+1" or "-1".

Thoughts?

Hey guys,

1. I have offered to waive the listing fee for you guys, and there are no management fees.
2. None.
3. That is no different than how it is handled currently.
4. Also, same answer as how it is handled now.

BitFunder is just a means to be able to account for, and trade your shares.

Hope this helps Smiley
Ukyo

Ukyo, thanks for the details.  I appreciate the patient responses on this!
hero member
Activity: 964
Merit: 509
Do you receive the  email updates? If so the master balance sheet shows you as owning three shares. I also sent a new email update today

Did you receive the test dividend payment for three shares? sent on July 08, 2013

Did you receive the Bitmessage update? sent out an update today

Are you added to Skype group? I post regular updates there

If no to any/all of the above, send me your email and Skype user

P.S. Just checked OP, and you are listed there for three shares, just payment address is missing. I have added that now



okay  received test dividend so everything is fine.
Thank you.
sr. member
Activity: 462
Merit: 250
Just a note: @ Bitfunder group buy called ADDICTION https://bitfunder.com/asset/ADDICTION https://bitcointalksearch.org/topic/bitfunder-addiction-kncminer-now-hashing-at-14th-244042 you can buy shares for 0.439BTC/GHash/s. I personally bought one share here @ 0.182BTC/GHash/s.

interesting....you can buy 2.1 GH/s here for .5 BTC

https://bitcointalksearch.org/topic/m.2577450
newbie
Activity: 46
Merit: 0
Just a note: @ Bitfunder group buy called ADDICTION https://bitfunder.com/asset/ADDICTION https://bitcointalksearch.org/topic/bitfunder-addiction-kncminer-now-hashing-at-14th-244042 you can buy shares for 0.439BTC/GHash/s. I personally bought one share here @ 0.182BTC/GHash/s.
sr. member
Activity: 462
Merit: 250
Do you receive the  email updates? If so the master balance sheet shows you as owning three shares. I also sent a new email update today

Did you receive the test dividend payment for three shares? sent on July 08, 2013

Did you receive the Bitmessage update? sent out an update today

Are you added to Skype group? I post regular updates there

If no to any/all of the above, send me your email and Skype user

P.S. Just checked OP, and you are listed there for three shares, just payment address is missing. I have added that now

hero member
Activity: 964
Merit: 509
sr. member
Activity: 308
Merit: 250
Update:
Soniq just sent out a new Bitmessage, regarding payment addresses and much more;)
sr. member
Activity: 308
Merit: 250
Any news from OP?

I must admit I haven't subsribed to BitMessage, because making the client work in OSX is difficult to say the least Sad

I have just received a satoshi payment, so there is some activity Wink

I would also like an update about the listing offer.

Cheers

Last update through Bitmessage was 24/06/2013...nothing since then. What's this all about Bitfunder? Is this an individual thing or a choice as a group?
sr. member
Activity: 938
Merit: 266
hi guys, i'm also interested to buy some shares from the original group buy.  please PM me.
member
Activity: 69
Merit: 10
Hi Guys,

I was one of the unfortunate people who had purchased a share in Jupiter #17 which had to be refunded based on lack of shares & dropped BTC value. Soniq (Larry) mentioned I should ask in here as he thought someone might be interested in selling a share or part of one? I don't mind which #Jupiter. If its possible please PM me or post in here

I like the professional handling of this GB, skype channel, etc so would like to get back on board

Cheers for any help
legendary
Activity: 1946
Merit: 1035
Any news from OP?

I must admit I haven't subsribed to BitMessage, because making the client work in OSX is difficult to say the least Sad

I have just received a satoshi payment, so there is some activity Wink

I would also like an update about the listing offer.

Cheers
sr. member
Activity: 448
Merit: 250
I took a look at Bitfunder, but am not that familiar with the details of listing shares of miners (specifically what the costs / caveats / issues are of being listed).

1. Are there additional costs associated with this? (Listing fees, mgmt fees, etc)
2. Are there any restrictions on shares? (Lockout timeframes, sale fees, who can buy/sell, etc)
3. How is EOL handled for the fund? (Yield < Power costs)
4. For a mining pool, how are hardware failures handled? (Direct dilution across the pool, specific person is SOL, share retirement, etc)

Sorry if these are elementary questions. I have experience with stock options (employee and "general"), RSUs, stocks, bonds, etc, but have never worked with something like this in the bitcoin space, and don't feel informed enough about it to vote "+1" or "-1".

Thoughts?

Hey guys,

1. I have offered to waive the listing fee for you guys, and there are no management fees.
2. None.
3. That is no different than how it is handled currently.
4. Also, same answer as how it is handled now.

BitFunder is just a means to be able to account for, and trade your shares.

Hope this helps Smiley
Ukyo
full member
Activity: 260
Merit: 100
I believe an exchange is a good idea. I would prefer either btct.co or bitfunder. I think it would be great for shareholders as well as those who missed the buy and want to get in on it.
member
Activity: 60
Merit: 10
I took a look at Bitfunder, but am not that familiar with the details of listing shares of miners (specifically what the costs / caveats / issues are of being listed).

1. Are there additional costs associated with this? (Listing fees, mgmt fees, etc)
2. Are there any restrictions on shares? (Lockout timeframes, sale fees, who can buy/sell, etc)
3. How is EOL handled for the fund? (Yield < Power costs)
4. For a mining pool, how are hardware failures handled? (Direct dilution across the pool, specific person is SOL, share retirement, etc)

Sorry if these are elementary questions. I have experience with stock options (employee and "general"), RSUs, stocks, bonds, etc, but have never worked with something like this in the bitcoin space, and don't feel informed enough about it to vote "+1" or "-1".

Thoughts?

Exactly the kind of things that I was concerned with when this business of listing the shares on the exchange came about. Don't get me wrong, it seems that listing on the exchange will likely increase the per share value (at least in the short term) but still I would like to know all the ins and outs before we actually go ahead with it. According to others that responded to my initial concerns, all of that will be hammered out and voted on before the group buy is actually listed on the exchange. Still kind of waiting to hear from Soniq and/or the bitfunder guy what the next step is.
newbie
Activity: 16
Merit: 0
I took a look at Bitfunder, but am not that familiar with the details of listing shares of miners (specifically what the costs / caveats / issues are of being listed).

1. Are there additional costs associated with this? (Listing fees, mgmt fees, etc)
2. Are there any restrictions on shares? (Lockout timeframes, sale fees, who can buy/sell, etc)
3. How is EOL handled for the fund? (Yield < Power costs)
4. For a mining pool, how are hardware failures handled? (Direct dilution across the pool, specific person is SOL, share retirement, etc)

Sorry if these are elementary questions. I have experience with stock options (employee and "general"), RSUs, stocks, bonds, etc, but have never worked with something like this in the bitcoin space, and don't feel informed enough about it to vote "+1" or "-1".

Thoughts?
legendary
Activity: 1123
Merit: 1000
SaluS - (SLS)
I can care less which exchange it gets traded on. I personally like Bitfunder interface.

Also, not sure why people complain about diluting shares. 10btc worth of shares regardless of quantity is still 10btc worth of shares.

I just want to have a quick option to obtain more shares or liquidate without having to partake in forum based auctions.
sr. member
Activity: 329
Merit: 251
Shouldn't we wait until we're churning out some BTC before diluting with exchange shares?
Or am I missing the point?

Happy for some one to explain the pro's n con's

Cheers
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