[Groupbuy][Closed] 3rd batch KNCMiner - Sold out!

joele

legendary

Activity: 1022

Merit: 1000

Quote from: tyrion70 on October 25, 2013, 06:25:21 PM

Quote from: jamesc760 on October 25, 2013, 06:24:04 PM

What is the payout schedule? Once a week or bi-weekly? I hope it's once a week. BTC price is very volatile, it could be high one week and then drop off the next. If you are able to hold on to your btc's, more power to you. I find that I have to sell at least a part of my earnings. Please consider paying out once a week.

Once a week, so next payout is this Sunday, mainly because of above reasons

Cheers

Great!

tyrion70

legendary

Activity: 934

Merit: 1000

Quote from: jamesc760 on October 25, 2013, 06:24:04 PM

What is the payout schedule? Once a week or bi-weekly? I hope it's once a week. BTC price is very volatile, it could be high one week and then drop off the next. If you are able to hold on to your btc's, more power to you. I find that I have to sell at least a part of my earnings. Please consider paying out once a week.

Once a week, so next payout is this Sunday, mainly because of above reasons

Cheers

jamesc760

sr. member

Activity: 448

Merit: 250

What is the payout schedule? Once a week or bi-weekly? I hope it's once a week. BTC price is very volatile, it could be high one week and then drop off the next. If you are able to hold on to your btc's, more power to you. I find that I have to sell at least a part of my earnings. Please consider paying out once a week.

jamesc760

sr. member

Activity: 448

Merit: 250

Quote from: jamesc760 on October 21, 2013, 07:26:38 AM

This is getting depressing. Has knc shipped our miners yet?

Thanks for the update! I just NOTICED that I have received a dividend in my local wallet!!! THANK YOU!

After having read your update, I feel so much better. You guys, tyrion and blastbob, ROCK!!! ALL Group-buys ought to have organizers like you. It restores faith in humanity. You guys went so far as to forego your own profit for the sake of the group. I salute you!

James

tyrion70

legendary

Activity: 934

Merit: 1000

Quote from: jamesc760 on October 21, 2013, 07:26:38 AM

This is getting depressing. Has knc shipped our miners yet?

Update is here:
https://bitcointalksearch.org/topic/m.3375383

We're hashing!

jamesc760

sr. member

Activity: 448

Merit: 250

This is getting depressing. Has knc shipped our miners yet?

tyrion70

legendary

Activity: 934

Merit: 1000

Hey all!

Just posted news on share transfers and divs here:
https://bitcointalksearch.org/topic/m.3308356

Please read carefully.

For ppl that only have shares on GB2 and GB3:

If you previously said you wanted shares on Bitfunder and now prefer direct shares on a BTC address please let us know in the next 48 hours by sending a PM to me. In that PM please state your Bitfunder userID, the BTC address you used to pay for the shares and the BTC address on which you want your shares registered.

In the weekend we will not be able to process more PMs because we will be busy setting up the miners, so if you haven't PMd then please wait untill after the weekend. We will be issuing the Bitfunder shares of GB2 (and hopefully GB2 as well) this weekend.

Cheers,
BlastBob & Tyrion70

btceic

sr. member

Activity: 392

Merit: 250

♫ A wave came crashing like a fist to the jaw ♫

Quote from: tyrion70 on October 09, 2013, 03:57:20 AM

Quote from: tyrion70 on October 09, 2013, 01:08:00 AM

Hi All,

We'll offer direct shares, give us a few hours to come up with a solid plan to make transfers go smoothly.

Cheers,

We're on it..

Thanks tyrion70, blastbob, we appreciate it, for the rest of you please stop panic selling!

blastbob

hero member

Activity: 602

Merit: 500

Quote from: Tiennou74 on October 08, 2013, 11:46:36 PM

If I buy bitfunder addiction shares right now, will they convert to direct shares?

If you want it, yes. But please wait until after this weekend to ask for an convertion. Tyrion70 will come with info on that.

Tiennou74

sr. member

Activity: 546

Merit: 250

If I buy bitfunder addiction shares right now, will they convert to direct shares?

philipma1957

legendary

Activity: 4116

Merit: 7849

'The right to privacy matters'

Quote from: kuriboh on October 08, 2013, 10:52:36 PM

Quote from: btceic on October 08, 2013, 10:48:58 PM

Quote from: Tiennou74 on October 08, 2013, 10:35:48 PM

I want to own Addiction shares but I'm trying to understand why the price of shares has dropped. Something that I don't know? Is it because of the delay in GB 2 and 3 delivery?

Bitfunder is closing itself off to US residents, idiots are panic selling for fear that they will not be able to get their funds back.

Its not a market for everyone, All assets in bitfunder lost a lot of value because these idiots who don't know how to read. I even think some of them are non-US citizens xD

yeah but as a usa citizen you have from now until nov 1st to sell off your stock. i have only 14 shares I purchased a while back so it is very little money. If you are a none usa person you can buy shares right now and collect a dividend so to all none usa members buy buy buy. I will hold on to my 14 shares and get some dividends then sell on the 30th or so. I have something like 2500 shares due me from group buy 2. the way i read the letter bitfunder will not allow them to be sent to me. so I will have to see what this group buy does.

jamesc760

sr. member

Activity: 448

Merit: 250

Tyrion and Blastbob,

I'd like you to issue my share of the payouts to my non-Bitfunder address. As a US resident, I need to stay out of Bitfunder and their restrictions on US residents.

Thanks,

James

kuriboh

sr. member

Activity: 358

Merit: 285

Quote from: btceic on October 08, 2013, 10:48:58 PM

Quote from: Tiennou74 on October 08, 2013, 10:35:48 PM

I want to own Addiction shares but I'm trying to understand why the price of shares has dropped. Something that I don't know? Is it because of the delay in GB 2 and 3 delivery?

Bitfunder is closing itself off to US residents, idiots are panic selling for fear that they will not be able to get their funds back.

Its not a market for everyone, All assets in bitfunder lost a lot of value because these idiots who don't know how to read. I even think some of them are non-US citizens xD

btceic

sr. member

Activity: 392

Merit: 250

♫ A wave came crashing like a fist to the jaw ♫

Quote from: Tiennou74 on October 08, 2013, 10:35:48 PM

I want to own Addiction shares but I'm trying to understand why the price of shares has dropped. Something that I don't know? Is it because of the delay in GB 2 and 3 delivery?

Bitfunder is closing itself off to US residents, idiots are panic selling for fear that they will not be able to get their funds back.

kuriboh

sr. member

Activity: 358

Merit: 285

In my opinion Non-US citizens have a great buy opportunity. Us Citizens are screwed.

Quote from: Ditto on October 08, 2013, 06:14:25 PM

Bitfunder will soon be closing to the US

Quote

Important Notice (October 8th, 2013):

Please be advised that BitFunder is implementing the following rules and procedures:

As of October 8th, 2013, BitFunder will not accept new registrations from any United States persons or entities. All new registrants must supply the information required to obtain "Verified" status on their linked WeExchange account. BitFunder may, in its sole direction, decline to accept any new registrations.

As of October 8th, 2013, all current BitFunder users who are located in the United States or are determined to be United States persons or entities will not be able to enter into any new positions on the Bitfunder website, and, as of November 1, 2013, such users will also not be allowed to sell positions on the BitFunder website.

All current BitFunder users who are not United States persons or entities must supply the information required to obtain "Verified" status on their linked WeExchange account before November 1, 2013. Any such users who fail to provide the necessary information will not be able to enter into or sell positions on the BitFunder website as of November 1, 2013.

Users will be able to withdraw holdings and Bitcoins from their BitFunder accounts before and after November 1, 2013.

All assets and issuers must demonstrate that they meet BitFunder's requirements for the listing of assets, or the assets and issuers will, at BitFunder's sole discretion, be denied access to, or removed from, the site. Issuers will be notified of any additional information needed to demonstrate compliance with BitFunder's requirements.

BitFunder appreciates your understanding in these matters as we move forward.

Sincerely,
BitFunder

Tiennou74

sr. member

Activity: 546

Merit: 250

I want to own Addiction shares but I'm trying to understand why the price of shares has dropped. Something that I don't know? Is it because of the delay in GB 2 and 3 delivery?

btceic

sr. member

Activity: 392

Merit: 250

♫ A wave came crashing like a fist to the jaw ♫

Tyrion70, Blastbob, please issue direct shares to those of us in the US.

blastbob

hero member

Activity: 602

Merit: 500

Quote from: jski on October 08, 2013, 09:55:54 AM

"Once that happens though, these shares can be exchanged for assets on ADDICTION. This will be done - as described in the IPO details - by using the hashrate of the device. It is expected that the second batch will also run at 400GH which would mean for every share you'd receive 50 ADDICTION shares, regardless of the actual price at that time.
This ensures that ADDICTION share value does not dillute but still represents the same hashrate (currently predicted at 32.26MH per share)."

Read the OP, also I believe the hash per share went up due to the Juniper's running above 400GH.

Shares are around 40MH/s with current firmware. Might be better over time.

jski

member

Activity: 97

Merit: 10

"Once that happens though, these shares can be exchanged for assets on ADDICTION. This will be done - as described in the IPO details - by using the hashrate of the device. It is expected that the second batch will also run at 400GH which would mean for every share you'd receive 50 ADDICTION shares, regardless of the actual price at that time.
This ensures that ADDICTION share value does not dillute but still represents the same hashrate (currently predicted at 32.26MH per share)."

Read the OP, also I believe the hash per share went up due to the Juniper's running above 400GH.

Tiennou74

sr. member

Activity: 546

Merit: 250

Does it make sense for me to buy Addiction shares now?

They are currently trading at ฿0.008 per share
What can I expect from 1 share? (Still 33MH/S)
When the units are delivered everybody is going to have new shares and I would be diluted?

Topic: [Groupbuy][Closed] 3rd batch KNCMiner - Sold out! (Read 10667 times)