Thank you for the answers gigavps, I appreciate it. It did actually help me understand why you have handled this the way you have.
I also believe that regulatory compliance is important for the future of bitcoin, and I agree you did the right thing in moving forward. I just don't think there was anything stopping you from buying back the shares from those who didn't want to claim with all their personal details. I doubt anyone would come after you for returning customers funds, and THEN starting your fully regulated and compliant business for those willing. Oh well, water under the bridge I guess. It just turned out to be a bad investment for me, but that just happens sometimes.
It's not water under the bridge to those of us who have had assets stolen from them. Gigavps and his lawyer(s) have hundreds of dollars worth of my bitcoins in their possession. I'm sure they have many thousands of dollars worth of others' bitcoins also.
Speaking of a buyback, does anyone know what the last traded price of Gigamining was on GLBSE? I have a feeling that a proper buyback, like gigavps was obligated to do for all of his associates before he violated the contract, would be worth more than the perpetual shares will ever accumulate. Perhaps it shouldn't be water under the bridge for you, either.
Have a question, What would be the approx profit if I put in 1btc? or .3btc?
Gigamining/Terramining bonds/contracts are are not for sale.
Yes, because that would be illecal. Like the keeping our Gigamining bonds and not paying dividents would not be.
This is a good point. How could seizing our shares and denying contracted services be legal in the least? Certainly it's not "more" legal than anything in the original contract. If the original contract violated any laws, then Mr. Gibson (not Nefario) has already violated them with the contract.
This apparent reappropriation seems like criminal fraud.
EDIT: MTGOX won't even let me transfer my BTC to my own wallet!
I transfered $USD to MTGOX and wanted to send it to bitinstant and it won't let me.
If i buy btc, will MTGOX let me transfer those, or are they going to hold those hostage too?
Still waiting to get MTGOX verified.
This seems odd. I never verified and have never had an issue transferring coins. Maybe something else is wrong. Does Mt. Gox tell you that you need verificaiton when you try to withdraw your bitcoins?
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BoardBeginners & Help
Re: What's your Mhash/s? (Pissing contest here)
by
Psino
on 20/04/2013, 20:45:04 UTC
I'm using a 6970 with Phoenix and Afterburner. With optimal settings I mine at just under 400 Mh/s. I have been mining at about half that for a while because my card runs hot and has been running even hotter recently.
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Topic
BoardBeginners & Help
Re: Bitcoin 7$?
by
Psino
on 19/04/2013, 22:06:50 UTC
I doubt it will get so close to 50 again. On the other hand, I have no idea and you probably don't either.
Personally I find speculation distasteful. (I always downvote it on reddit.) Newbie jail sucks even worse than speculation. So it goes.
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Topic
BoardBeginners & Help
Re: Introduce yourself :)
by
Psino
on 19/04/2013, 21:58:23 UTC
Hello. I'm Psino. I have been messing around with Bitcoins for almost two years. I've been mining with a GPU on and off and on for about a year.
