Post
Topic
Board Securities
Re: [BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast)
by
DeaDTerra
on 11/08/2014, 12:36:43 UTC
You may be right, but if they had at least taken some time to explain that themselves and stop dicking us around with changing IPO terms and introducing fucked up AML after the fact I am sure we would all feel a lot differently.

Given the events of the last year, it should be obvious that the original IPO terms are no longer viable.  The AML was the result of ID attempting to provide share liquidity while avoiding the fate of Bitfunder & Co.

I agree it is a conflict of interest for the asset issuer to also be the exchange operator.  Ciphermine did the same thing with Ciphertrade, with equally unsatisfactory results which pleased no one at all.

But compared to CipherKate's disappearance, Will and Terra has been very available and forthcoming.  If you need more hand-holding than has been provided, just ask on this thread and it will be provided.

If Will can get us a deal on some sweet Golden Nonce chips/wafers, there is still a chance to turn this thing around...

Just ping out a daily update, even if its "no progress today", and I for one will rest easy

Marc
Will is currently traveling.
I will see if I can get a hold of him when he lands so that I can post an update.

//DeaDTerra