No, I'm quite familiar with the fact that they are scammers. I was just curious that they did the switch for anyone. I know when they reemerged for their new scam they responded to a couple of e-mails(supposedly) though they obviously ignored most of them, but I don't recall hearing they even did the trade for anyone; I didn't figure they even went through the trouble to making the new coin in the first place.

That's interesting they did the switch for you, I contacted them and they never got back to me.

The company was incorporated four months before the coin was released. Someone did stop by their supposed office, but if memory serves they didn't 'explore' it, let alone talk to any employees, just verified there was an AmberLTD sign outside an office. Wasn't on the first six pages, and I didn't feel like checking more than that to verify. If they were a real company they aren't anymore, if memory serves again they let a license of some kind expire(don't remember the details, should be a page or two back). If they were a real company they have beyond horrid communication, and zero respect whatsoever for their 'shareholders'.

Seriously, why say something positive about them now? The evidence is pretty clear this was just another scam coin, albeit a good one. I was stupid enough to get burned by it, between it and Rimbit I'm completely done with alt coins.

Probably because they don't respond to emails or have given any indication we will actually get their worthless RBC tokens in exchange for our worthless Amber. I know I have contacted them with no response, and others have as well. If they actually cared about the shareholders at all they wouldn't be acting like a shady guy in a dark alley going 'Hey kids, want to exchange your Amber?'. I would be thrilled to get something of value for my investment, but thus far there doesn't seem sufficient evidence to say it's worth my time. Presumably some users have tried to exchange theirs, with no posts here that the process was successful.

I've messaged them about where the value of the RBC comes from, whether the company will actually buy them back or if their value is simply expected to go up on exchanges, and they have yet to get back to me as well.

Unless I be mistaken someone's math was off by a decimal up above. The exchange is 100 amber to 1 rbc and given the rbc is reportedly worth $2.50 that gives an amber worth $.025 not $.25. If my Amber were actually worth a full quarter I'm pretty sure I would have made a hefty profit. I don't have my trade notes with me but I'm pretty sure at .025 I'm taking a loss. Not a huge loss though, and if I actually believed I'd get my two cents out of them I'd be pretty happy at the moment. I'll give it a shot, maybe they'll start off giving money back for rbc similarly to how Amber initially paid dividends; I'm just not going to stick around for it to all disappear.

Does anyone know if you can do the token thing on C-Cex? I don't really use crypto much but I have an Eth wallet on C-Cex but didn't see an option there for tokens.

I highly doubt the devs are buying back their coin. If they were a real company that issued a form of real shares, they would be in for a shitstorm of litigation after opening business back up and pretending to shareholders that nothing happened. If the devs just pulled a scam(which seems the obvious answer) they would just move on to making a new coin. No need to buy back for pennies on the dollar when you can just cast your net all over again for free.

Is Amer listed anywhere else? While I'm pretty much certain the price will never go above these dump rates, it doesn't really seem worth it to get maybe a few dollars worth of btc out of my investment. Still, I suppose something is better than nothing.

Same here(and same as can be said with my Rimbit). The reason is, many of us paid 10+ cents an Amber. Getting a quarter of a cent(or less) out of them is such a loss our brains would just as soon get nothing out of them and hold on to their imaginary value. Same mentality applies to stockbrokers watching a company trading all the way down to zero, holding on to worthless baseball cards we once spent money on, etc. We tend to be wired in such a way that we'd rather give something away or hold on to it forever than accept such a negative investment.

"I am no laywer but I guess it could mean we could object and the stocks of Amber will be frozen?"

Sounds that way to me. I highly doubt there is cash in any account or any assets tied to their name, but legally speaking if there were we should be entitled to them. Perhaps someone can track down the right Overchuck in the Ukraine and see if they have an extra $5,000,000 they shouldn't have.

I almost wish that this new 'token' from this 'new' company will actually pay out in the beginning to drive new investers people to be scammed, that way maybe I can get a little of my money back. But ultimately I suppose I'd rather that money just be gone then anybody else being tricked out of their money. Regardless I'll be exchanging my useless amber for the useless tokens just in case, but I have no hope of getting anything from them.

In other scam news, it looks like UseCryptos was a long scam. Had some Rimbit(not sure if that was ever a scam or just poorly realized) and bitcoin on there for a long time, finally went to pull my bitcoin out when I saw it hit $1000/btc, and evidently they just took all the coins and disappeared. Think I'll be sticking to the stock market from now on.

Looks like I was bamboozled by two alt coins doing the long con in a row. Guess I've learned my lesson now, I suppose costly ones are the most effective teachers...

Admittedly it's not a whole lot right now, based on current buy support and bitcoin prices it will cost about $120 or so to get 10k amber, which isn't a whole lot to be considered a shareholder. But when many people bought into Amber, the cost was much higher. I bought in different price points and both in bitcoin and usd, and while I haven't figured how much I actually invested most of those price points were much higher than the current value and if you're talking maybe $500 or more to become a shareholder that is a more significant investment. It's also a good thing to keep in mind about the current dividends; a 10k dividend payment probably isn't going to pay much when it's value is so low(though the value would have never gotten that low if dividend payments stayed at the level they were).

The company has stated they want to get the price of Amber back up before they start paying higher dividends again, so it's likely the next couple of quarters it won't be terribly high(if it's paid at all). But people should also realize that when they first started out they were paying ridiculously high dividends, when I first bought some it worked out where I could get my investment back in 2 1/2 years if the trend continued. I knew that high of payout couldn't continue for long, but I went ahead and got some because I hoped I could get a few good dividend payments in(unfortunately I just got the one in, but assuming they keep their promises and their business plan is actually legitimate, I'll still get my investment back eventually).

I think they already stated that bitcoin will be the dividend method to the best of their knowledge, payments will be made after the new director approves it.

I would assume the same rate as everyone else got. I believe they buy all the bitcoins they need at once to send out their quarterly payments, and they should have a record of how much you are owed. I hope your issue gets resolved soon. I believe in AmberCoin, but it's disappointing they haven't responded to you yet.

Actually filing can be a lot more complicated and time consuming than simply compiling a w-2. My taxes are usually simple and I typically file early even if I don't have my w-2 yet. This year I bought some stock some of which are MLPs and I hear it's quite common to have to wait for months to get your K-1s and you might have to file for several different states; so I might be in for filing an extension myself.

Have you ever done a businesses financials? Ambertrade is an actual company, not just selling crypto. I don't even have my W-2 yet and all that's required for it is the same copy paste information from every year before plus how much I made/taxes which is all on my last pay stub.

No offense intended, but if you were following the thread closely you should have seen that Q3 dividends were just paid in Amber instead of BTC. Time and patience will have to wait to see what's in store for Q4 dividends.

I think it might help some here to think of Ambertrade as a regular company first with it's own crypto second. While it has been pointed out that regular stock companies only pay out dividends in fiat as opposed to more stock(although you can set up drip), many companies put on hold or cancel dividends all the time. While this can cause distrust in the company and drive stock price down, it is a regular occurrence. It might be helpful to think of they payment in Amber more as a pause of dividends as opposed to a scam. If the company does intend to pause/pay out in Amber until further notice I do think they should make a current note of it on their website, but I don't think they a change in every banner they have on the internet is necessary is this was a one quarter exception. We'll still have to wait to find out if that is the case.

You didn't exactly follow proper English rules yourself. Most "negative" comments can't speak proper English either. In fact many made the same mistakes that were specifically pointed out, and while I could be wrong if memory serves some of specific mistakes weren't actually wrong. And as someone else has already said, English isn't many people's first language.