Author

Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 128. (Read 452224 times)

sr. member
Activity: 448
Merit: 250
I'm not sure what LR is going to decide to do, which is why I haven't posted a return address.

Dealing with the overages is going to be complicated, so  I don't want to speculate.  There will  be a decision published soon enough.

I'm pleased at the number of people who have pledged to return the overages they were paid....  I thought only trolls and assholes used Bitcointalk.  ;-)
grnbrg.

Suggestion:

Shares that were over-paid become untradeable until they either return the over-payment, or until dividends make up the over-payment.

Simple, effective.
newbie
Activity: 32
Merit: 0
Some underpayment corrections went out about an hour ago.   The rest of the corrections should follow shortly.

As far as the people who were overpaid, I'll talk some more with Lab_Rat about how that is going to be handled.  I see a number of possibilities, and there's no reason to rush forward and complicate things any further.


grnbrg.

Can you tell us what the payout per share should be so we can confirm we have been paid correctly?

As we've figured out, correct payment per bond should have been 0.000524306 this week.


grnbrg

Lol... I was reading the thread with pain.. but as you posted this i was laughing..

100 Shares and exactly got the correct number of divs..  There can be only one!  hrhrr....
BKM
sr. member
Activity: 315
Merit: 250
I could at least put together a web app that can serve as a master share list and payment spreadsheet exporter that LabRat and grnbrg can use to prevent stuff like this happening in the future.

Could you code up a CEX.IO style set up or at least lead a team that can? CEX.IO desperately needs some competition and I think we have the resources and need to give it some..... lets turn a problem into an opportunity
newbie
Activity: 23
Merit: 0
Looks like I got overpaid by just a little.

Code:
Address: 1MFPrwMMPjefxjofNPAmrbuJCaQ7pyAAVb
0.000524306 per share
Paid: 0.08546188 BTC
Expt: 0.063965332 BTC
Payback: 0.021496548 BTC

I'll be paying these back to LRM, even if he decides to let people keep the dividends.

Do we have any idea if there's a share management / trading system in the works? If there's not, I could at least put together a web app that can serve as a master share list and payment spreadsheet exporter that LabRat and grnbrg can use to prevent stuff like this happening in the future.
hero member
Activity: 509
Merit: 500
Official LRM shill
(Being upfront and honest here)

Looks like I recieved an extra ~BTC0.205034376 (~500 bonds worth) then I should have. Willing to return them and/or not receive dividends for a bit to make up for it. LabRat, PM/email me with a return address if you want me to send it back.

On a side note: Is it going to be a pain to track people who buy/sell their bonds that received extra dividends? Will trading be suspended for the time being?

Example:
-I have 700 shares
-I received extra dividends this week
-I won't receive more dividends for 3 weeks to catch up with the extra dividends I received
-Week 1 after the incident: I buy 100 more bonds
-Will I receive 100 bonds worth of dividends the end of the week, or will they be credited as if I had 600 bonds?


I'm not sure what LR is going to decide to do, which is why I haven't posted a return address.

Dealing with the overages is going to be complicated, so  I don't want to speculate.  There will  be a decision published soon enough.

I'm pleased at the number of people who have pledged to return the overages they were paid....  I thought only trolls and assholes used Bitcointalk.  ;-)



grnbrg.
legendary
Activity: 1022
Merit: 1001
I'd fight Gandhi.
(Being upfront and honest here)

Looks like I recieved an extra ~BTC0.205034376 (~500 bonds worth) then I should have. Willing to return them and/or not receive dividends for a bit to make up for it. LabRat, PM/email me with a return address if you want me to send it back.

On a side note: Is it going to be a pain to track people who buy/sell their bonds that received extra dividends? Will trading be suspended for the time being?

Example:
-I have 700 shares
-I received extra dividends this week
-I won't receive more dividends for 3 weeks to catch up with the extra dividends I received
-Week 1 after the incident: I buy 100 more bonds
-Will I receive 100 bonds worth of dividends the end of the week, or will they be credited as if I had 600 bonds?
newbie
Activity: 17
Merit: 0
Hi, I have received 64 bonds' worth of dividends, but I only hold 35 shares. Address: 1b2fS
hero member
Activity: 560
Merit: 500
What is exact dividend per share this week ?

Correct payment per bond should have been 0.000524306 this week.

grnbrg.

Ok , I have got correct amount of Divs after the correction , Thanks for getting this sorted so far grnbrg.
hero member
Activity: 509
Merit: 500
Official LRM shill
What is exact dividend per share this week ?

Correct payment per bond should have been 0.000524306 this week.



grnbrg.
hero member
Activity: 560
Merit: 500
What is exact dividend per share this week ?
M31
full member
Activity: 139
Merit: 100
Quote
Probability factor of one to one. We have normality. I repeat: we have normality. Anything you still can’t cope with is therefore your own problem. Please relax, you will be sent for soon.

Looks like the shortfalls have been dealt with.  I'll post an update once LR has decided how he wants to handle the overpaid stuff.

Thanks for everyone's patience.



grnbrg.

Thanks as always grnbrg.
hero member
Activity: 509
Merit: 500
Official LRM shill
Quote
Probability factor of one to one. We have normality. I repeat: we have normality. Anything you still can’t cope with is therefore your own problem. Please relax, you will be sent for soon.

Looks like the shortfalls have been dealt with.  I'll post an update once LR has decided how he wants to handle the overpaid stuff.

Thanks for everyone's patience.



grnbrg.
hero member
Activity: 518
Merit: 500
Hodl!
As far as I am aware, only shares traded as a result of that thread on here, get posted on there. LRM is active on BFL forums for example and trades made among members on there may not be shown here.

Secondly, we may see the occasional example of previously unclaimed shares being claimed, and back dividends paid.

No clue about the 4 BTC...

further down though 1FF5NCC... was previously a bond holder with 72 .. may have got skipped last time or something

Oddly 16ESpK was previously a holder but last public listing had "him" with zero bonds also.

1GVo6m previously held 43 shares

17T6E5 had 60 but was previously unverified on the public listing.

1z57em previously held 15

1Ehsd previously held 8

17TnY7 previously held 151

Edit: Oh 1MoqW16v7DHHrK3TJ9RniXPgGhiXB9fLE6 that the 4+ BTC went to is obviously a LRM controlled address that got "change" or something the first time, set of corrections were paid out from there.
member
Activity: 112
Merit: 10
@Lab_Rat or @grnbrg, could we get an 'all clear' when the makeup divs are done being sent to those who were short so folks know when to say they were missed?

Moving dividend day to a week day may or may not decrease the odds of LR being out of town, but I'd be all for LR paying early or late in the event he is out until a more automated system is in place.  

Edit, RIGHT after posting, my makeup transaction came in... looks good.  Thanks again!
hero member
Activity: 630
Merit: 500
Someone who held no bonds last week and got no divs had over 4 BTC sent to them this week? Unless the LRM trade post does not have the .10 BTC straight from LRM bond sales listed... how in the hell does that happen?

Pure speculation (No specific knowledge about that address.) but it might be a change address.


grnbrg.

Well... if these...

https://blockchain.info/tx/9b30d245f95f8526d1f15bd3671515f92a92d0623b058d712e77f620925c9420

are your corrections to the underpaid holders... then yes you would be spot on... glad that seems to be the case here.
hero member
Activity: 509
Merit: 500
Official LRM shill
Someone who held no bonds last week and got no divs had over 4 BTC sent to them this week? Unless the LRM trade post does not have the .10 BTC straight from LRM bond sales listed... how in the hell does that happen?

Pure speculation (No specific knowledge about that address.) but it might be a change address.


grnbrg.
hero member
Activity: 630
Merit: 500
As such, I have amended my post and the document to reflect this per grnbrg's confirmations in the LRM trade thread, including total bonds held as of 1-18.

Thank you.

Of course... I never intended to put out inaccurate data... and I have updated it further to reflect this weeks holdings.

Maybe you can do me a favor, as a second pair of eyes on this so I am sure I am not making a huge oversight somewhere... at the top you see what I see? Someone who held no bonds last week and got no divs had over 4 BTC sent to them this week? Unless the LRM trade post does not have the .10 BTC straight from LRM bond sales listed... how in the hell does that happen?

That is about 8894 bonds worth...
hero member
Activity: 518
Merit: 500
Hodl!
As such, I have amended my post and the document to reflect this per grnbrg's confirmations in the LRM trade thread, including total bonds held as of 1-18.

Thank you.
full member
Activity: 140
Merit: 100
Considering the share return, i got paid 0.01625349 BTC, and considering my 68 shares, at 0.000524306, thats 0.035652808, missing still 0.019399318.
hero member
Activity: 630
Merit: 500
If you look... I am only highlighting those who got paid more than last week... those who bought more shares can obviously ignore their address in that highlighted area.

Yah, but the trolls might not, anyone who bought shares this week is probably showing as overpaid and doesn't want any self appointed enforcers bugging them to "send it back".

As such, I have amended my post and the document to reflect this per grnbrg's confirmations in the LRM trade thread, including total bonds held as of 1-18.
Jump to: