why would manl process my manual withdrawal for a significant amount of btc if he is a scammer?
This does NOT add up.

There are many bad decisions and probably manteo has access to the server seeds, but I do not think manl did all this on purpose.

I can confirm. A manual withdrawal was processed for me, too!

-232
Profit is in free fall. I don't see him loosing..

edit: -242 just minutes later.

My withdraw just now did not go through. It says it will be processed manually. So either automatic withdrawals are disabled completely or the hot wallet has less then 5btc in it.

There won't be much left of it. even 5btc withdraws are processed manually as of now. Hot wallet seems completely drained.

checked yesterday morning at +260btc profit. checked back now at -216. feels bad to have been invested. 

It works. Thanks!

I can confirm that the results differ between the jsfiddle version and the rgbkey github checker for the values you provided.
I too get 14.35 vs. 72.7356.

I am expecting some peta-shareholders selling at above what they bought (old, not newly offered shares) and moving into scryptx at these low prices with high dividend yield (at least until dividends are being paid for peta-shares again).

I am not quite sure I understand why the share price is dropping like this.

The operation is barely 4 weeks old, dividends coming in regularly and at a level which is as expected for the exchange rate between ltc/bt.c dividend yield was more than generous with ~70% at ipo share price given the project is run by the same people that run peta-mine. They are not nobodies, the risk of them running away is far lower than some of the other projects around here. They have a track record of being able to actually run something like this. Still shareholders are backing away and are selling (presumably) at a loss after only three weeks of dividends.

What am I missing?

I believe cryptx were quite busy this weekend deploying a peta-hash of new hardware for the peta-mine project. Just relax, cut those guys some slack and be patient. I am quite sure they will make it worthwhile for true investors (meaning long-term shareholders).

i second this.

seriously, who ever is responsible for this: think first. wait. think again. wait. think once more. THEN act.
Don't do it the other way round.

I think it is deliberate. Especially seeing the huge attention box up on the market page.
What I don't get is why there seem to be two "markets" and "ipo" shares don't simply form a large sell offer at the ipo prices on the open market. This would get rid of the problem of people buying above "ipo" on the market.

I beg to disagree. Both Prospectus versions state the following:


It does not say anywhere, that only publicly traded shares (units) are entitled to dividends. However, I do acknowledge that cryptx has so far been so generous to treat it like this, thus not paying themselves a dividend for holding the ~33.000 outstanding but not publicly traded shares.

Shares represent fractions of a company's equity. If a company makes a profit, equity is increased. The company may now choose to pay some of the profits to its shareholders in the form of dividends. If it chooses to do so, a dividend is paid per outstanding share to the respective owner. No matter if that is an owner outside the company (here parts of the profits actually leave the company) or the company itself (increase in equity).

Let me ask you a question: How do you buy parts of your own equity, if not by paying with parts of your own equity or borrowed money?

However, please don't get me wrong. It was a smart move to announce "buying" own shares, as it greatly improved confidence of potential investors. Obviously, the announcement had the signalling effect it was intended to provoke. Well done!

You guys realize, that the issuer automatically owns all unsold shares, right? No need to buy shares from yourself if you own them anyway.

Not having read the full 148 pages, would you care to point out the importance of this refund mail to me?
Thanks!

now, that is a bold move and commitment to their own project, i like to see this!
Apparently some other market participants also waited for a sign like this and are now confident enough to put a larger chunk of PETA into their portfolios.

I am really curious, how many shares there will be left for cryptx to pick-up this sunday  

As for dividends, I guess nothing changes. The hardware is bought and thus the money needs to come from somewhere. Either ipo money, or temporary 100% reinvestment of btc mined(-cost obviously). As there was no announcement in this regard, I can only speculate.

Nevertheless, even if for some weeks every bitcoin mined (minus cost) goes into paying off the hardware, I would still be a very happy PETA shareholder

Technically, "buying" their own shares simply means not offering to sell them on the market and resuming open market trading early. But I don't care as long as it works... Remember, that currently they generously(!!!) do not pay dividends to themselves for the shares they still have unsold from the ipo.  Now that they officially "bought" them, they will (and should!) pay themselves dividends on those shares. Don't think your dividends won't be lower...

There is something, I really do not get about a lot of the people posting harsh criticism here:

If you are a current shareholder, it must be in your interest for cryptx to sell all ipo shares, thereby keeping the no-dividend-time to a minimum while at the same time "growing" the mine.
Thus, if you still own shares in PETA, there is absolutely no rational incentive to criticise the management now that the IPO is actually taking place. In fact, even if you are unhappy with the situation, the best you can do now, is to promote PETA. Once the ipo is over and normal trading is resumed, you can sell and leave or try to come up with constructive ideas on how to improve the situation.

If you do not currently hold any shares in PETA, I don't get why you are wasting your energy and time posting here. You sold, got out, are done with it. Lucky you! Why ruin the situation for those who were not as lucky as you and are still "in"? Why make so much noise about something, that might not turn out so bad after all? It's like you want PETA to get into trouble. Did you guys short-sell PETA shares?

I've been reading along for quite some time now and seeing how strongly some people push their views, projections and guesstimates, I can't shake the feeling they do this to influence the share price to their own good.

The argument has been brought forward, that "investors" were screwed over by releasing scryptx, then, as soon as "everyone" moved their funds over to it and away from PETA, cryptx "inflated" the share price of PETA, leaving former PETA investors out in the cold.

This, my friends, is bullshit.

Look at the PETA share price: it was on a slight uptick right before and shortly after the announcement of scryptx. There is no sign whatsoever that PETA holders sold significant numbers of shares to free capital for investing in scryptx. Also, scryptx ipo was not sold-out, reaffirming the observation that demand was not excessive and especially not driven by former PETA holders switching over.

Apart from this observation, people moving over from one project to the other on words notice can hardly be called investors. They are short term speculators. The difference is important:
long term investors care about long-term dividend yield, that is company profits. Long-term some and multiple years, although in the bitcoin business I am willing to accept a single year as long-term already. Investors do not care much about the share price, as long as they are confident that overall they will make a profit. Note that there is always two sources of profit for shareholders: dividend yield (often misleadingly called ROI around here) plus profits from selling at a higher share price after the long-term holding period.
speculators, on the other hand, care about short-term profits, mainly from jumps in the share price. Speculators always quickly move their funds where they believe the next market price swings will be strongest, they are often the spearhead when it comes to ipos. Normally, they don't care about dividends at all, as they typically hold shares for too little time for them to be relevant. In the bitcoin business, with weekly dividends, large dividend yields and little trading volume, however, they have come to care about these as well.

Now, here we seem to have the case of small time speculators, who simply made a bad choice: they jumped at the scryptx ipo, selling their small holdings of PETA. When the new ipo with a baseline price of 0.9 was announced for PETA and market share price adjusted, they cried foul for missing out on the opportunity.

Now, to remedy their own bad decision, they try to frame cryptx' behavior as bad for investors, while really only speculators like themselves are negatively affected by a short term reinvestment if all profits and a long-term value increase by increases in the total hashrate. Clearly, they try to get people to sell their PETA shares, thereby lowering the price and giving speculators the chance to put their funds back into PETA at lowered share prices. Remember: speculators mainly care about share price changes! With a market this thin, they can easily affect the price and will want to do so, if they feel they missed out on something by making a bad decision.

Sadly, it seems to be working and the speculators seem to be getting away with their method: first, scryptx share price went down, indicating people sold to get free capital to move back into PETA. Now, PETA's share price is also down, indicating that investors are actually fooled by the guesstimates and statements around here and selling their shares. I believe, the shares are happily picked up by speculators who move back into PETA shortly before the ipo.

One last thing (edit): if you are unhappy, you are free to sell your shares on the market. No need to complain and try to influence others. They will see the sentiment just by looking at the share price.