SCAM IPO [Bakewell] - Finally, a 'transparent' investment that will 'grow'! - page 11.

Carnth

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Quote from: ianbakewell on November 16, 2012, 10:08:48 AM

Quote from: johnjay3000 on November 16, 2012, 04:45:17 AM

Also, if I was interested in selling, would Bakewell buy them back or would I have to find a seller, and how do we handle them wthout an exchange?

I am just as confused about how to move forward as everyone else is.

Sure, Ian may know who purchased shares using his "special deal." But who's to say that nobody sold those shares on the open market?
In my opinion, until Nefario decides to do something, there is not much that any asset manager can do.
And everyone will just have to wait (essentially all assets frozen) until that time.

johnjay3000

newbie

Activity: 87

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So whats the deal with divs? I havent been paying much attention lately so I am a bit out of the loop.

Also, if I was interested in selling, would Bakewell buy them back or would I have to find a seller, and how do we handle them wthout an exchange?

niko

hero member

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There is more to Bitcoin than bitcoins.

Quote from: ianbakewell on November 15, 2012, 10:03:41 PM

Going strong pushing 650mhash per card (they are running at 1100) with zero downtime.

I was hoping to overvolt the cards a bit and push them up to 1200ish, but I don't want them to go down while I am out during the day should the ambient temp rise.

Yep, back in my mining days I came to conclusion that stability is more profitable than those elusive extra 50 MH/s per card. Keep on hashing!

niko

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There is more to Bitcoin than bitcoins.

How are the rigs doing?

johnjay3000

newbie

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Quote from: niko on November 02, 2012, 09:27:42 AM

Do you know the date and time of the purchase? Even approximate time might help. You can look up trades in the file linked here: https://bitcointalksearch.org/topic/complete-glbse-trading-and-dividend-history-and-estimated-revenue-117491
If you have problems converting from Unix time to UTC, let me know and I'll provide a converted version.

Yeah I saved all that incase this kind of thing happened.

Code:

Type	Timestamp	btc_amount	# of Shares
buy	13/09/2012 09:17	-฿6.00000000	40
buy	14/09/2012 07:52	-฿0.45000000	3
buy	15/09/2012 23:11	-฿0.30000000	2
sell	17/09/2012 08:31	฿0.14987654	-1
buy	20/09/2012 10:17	-฿1.65000000	11
buy	20/09/2012 10:17	-฿0.74999950	5
buy	26/09/2012 06:43	-฿0.14899899	1
buy	26/09/2012 06:43	-฿0.59599600	4

Evolvex

full member

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Thanks for the updates Ian, sounds like everythings going well.

Do you hold how many shares I've got or should I be looking to provide some proof etc?

niko

hero member

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There is more to Bitcoin than bitcoins.

Quote from: johnjay3000 on November 02, 2012, 06:21:53 AM

Quote from: ianbakewell on October 29, 2012, 07:57:05 PM

My private list should be pretty much bang on in terms of who has what.
Unseen advantage in making contact with people and doing the private sales

I am missing a couple handfulls of shares that were sold on the open market out of the ipo allotment, and anything that was done p2p between holders privately.

I am/was holding 65 shares that I brought open market... not sure how I can prove it now though...

Do you know the date and time of the purchase? Even approximate time might help. You can look up trades in the file linked here: https://bitcointalksearch.org/topic/complete-glbse-trading-and-dividend-history-and-estimated-revenue-117491
If you have problems converting from Unix time to UTC, let me know and I'll provide a converted version.

johnjay3000

newbie

Activity: 87

Merit: 0

Quote from: ianbakewell on October 29, 2012, 07:57:05 PM

My private list should be pretty much bang on in terms of who has what.
Unseen advantage in making contact with people and doing the private sales

I am missing a couple handfulls of shares that were sold on the open market out of the ipo allotment, and anything that was done p2p between holders privately.

I am/was holding 65 shares that I brought open market... not sure how I can prove it now though...

niko

hero member

Activity: 756

Merit: 501

There is more to Bitcoin than bitcoins.

Based on the GLBSE trade history available in
https://bitcointalksearch.org/topic/complete-glbse-trading-and-dividend-history-and-estimated-revenue-117491

we can see that there were a total of 52 trades of BAKEWELL, for the total of 610 shares worth 91.03 coins. Note that trade history file does not include private transfers. Out of these 610 shares, only 54 were traded below BTC0.15, for the total value of BTC7.63. I'd say even if we don't get info from GLBSE, it won't be hard to figure out ownership based on what everyone claims. Many people, I am sure, will have some kind of personal ledger they've kept, and the rest can be calculated, as it all needs to add up.

Carnth

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Quote from: ianbakewell on October 28, 2012, 06:49:22 PM

The market has not picked a replacement for an exchange & the glbse has sent nothing out. Undecided

so sitting in limbo

Thanks for keeping us updated.

As far as a replacement exchange, Burnside has something that looks very promising.

Once Nefario reseales the list of asset owners to the respective issuiers, moving to a new exchange (like Burnside's) would be practically painless for everybody.

niko

hero member

Activity: 756

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There is more to Bitcoin than bitcoins.

How is it going? No word from GLBSE yet. I would be comfortable waiting a bit more before trying to reconstruct everyone's stake based on initial transfers and published history of trades. In the meantime - we are hashing, aren't we?

niko

hero member

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There is more to Bitcoin than bitcoins.

Quote from: ianbakewell on October 17, 2012, 10:41:13 PM

Quote from: tulkos on October 17, 2012, 10:36:57 PM

Also to get up and mining ASAP.

Rigs are up and running, pps @ 50btc, just banking right now while everything gets worked out

Glad to read that rigs are hashing!

tulkos

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Quote from: ianbakewell on October 17, 2012, 10:41:13 PM

Quote from: tulkos on October 17, 2012, 10:36:57 PM

Also to get up and mining ASAP.

Rigs are up and running, pps @ 50btc, just banking right now while everything gets worked out

Good to hear, I must have missed that part with all the drama these days.

tulkos

member

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Merit: 10

I'm all for the spreadsheet for the time being.
Also to get up and mining ASAP.

Carnth

hero member

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Quote from: ianbakewell on October 16, 2012, 08:25:43 PM

I am interested in hearing what you all think should happen with BAKEWELL now that the GLBSE is gone.
What would be the solution you choose out of all the ideas and actions we have seen from the community lately.

I think BAKEWELL should still operate as normal. In fact I hope you are mining with the 2 rigs you already have. Just keep the earnings in a BAKEWELL wallet for now.

There are others working on new BTC "asset" exchnages. Burnside has a promising one in development, complete with consulting a lawyer and everything.

I hope that Nefario will be able to release the list of email addresses with whom owns what and how many. If that is the case, then moving to a new exchange is easy. This would definetely get my vote. Even without an exchange, issuing "shares" and dividends is doable manually, albeit much more messy.

niko

hero member

Activity: 756

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There is more to Bitcoin than bitcoins.

Quote from: ianbakewell on October 16, 2012, 08:25:43 PM

Still no updates from Nefario.

A good handful or two of days have gone by now. Much has been talked about in our community.

I am interested in hearing what you all think should happen with BAKEWELL now that the GLBSE is gone.
What would be the solution you choose out of all the ideas and actions we have seen from the community lately.

I suggest - keep mining, liquidating, and upgrading as planned. Pay the dividends as planned (I'm assuming GLBSE will be providing information in a day or two). If for some reason I want out, I'll try to find a buyer and upon receiving the payment I'll authorize you to transfer ownership in your spreadsheet.

niko

hero member

Activity: 756

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There is more to Bitcoin than bitcoins.

Quote from: ianbakewell on October 14, 2012, 01:10:34 PM

Just got an email from the GLBSE:

Quote

Your GLBSE account has been processed for bitcoin. The next step will be to send you information about your assets, and to provide this information to issuers (if you agreed) allowing you to continue your relationship with your issuers.

Seems like general canned mail for regular accounts, I still have noting in terms of BAKEWELL from the GLBSE

This is a significant workload for Nefario, and it's only himself or few people at best doing the whole job. Chances are good that information will be sent out soon to issuers.

btharper

sr. member

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Quote from: ianbakewell on October 10, 2012, 10:56:08 PM

I have not been able to check, as I went through the process last night, but I have heard that the AML restrictions have been lifted.

Just went on myself, as long as it's all as straightforward as it looks this is a relatively smooth shutdown on GLBSE's end, though it still leaves assets off the exchange and floating in the air. Getting coins out works though, and asset issuers can be given contact information.

Edit:

Quote

Claim finished
Your claim has been submitted and will be reviewed. You will be contacted (via the email address you provided) to keep you up to date on the status of your account, we will try to get your bitcoin to you as soon as possible.

Well why the hell does this require review? Here's hoping it's mostly a formality :-/

niko

hero member

Activity: 756

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There is more to Bitcoin than bitcoins.

Seems like we are moving forward. You may now log on to GLBSE, and leave a BTC address if you want your funds returned. You can also provide a contact email and tick a check box if you want this info forwarded to the issuers of the assets you hold.

niko

hero member

Activity: 756

Merit: 501

There is more to Bitcoin than bitcoins.

I'm fine with providing my info to any business that:

- I like
- is registered with appropriate authorities
- has a privacy policy in place outlining the collection, use, and guarding of my personal information

Topic: SCAM IPO [Bakewell] - Finally, a 'transparent' investment that will 'grow'! - page 11. (Read 47857 times)