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Showing 6 of 6 results by crazydan
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
It's always easier to trade using XCP
Who says that? Weird statement.
maybe he have confuse xcp; compare to btc, all counterparty token the same but still network has big value if widely adoptged
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
There is 1300 cheap XCP in Bter 
Now 1665 and it is mine ;-)
And to those who want to dump ... 30 BTC Buy wall in Poloniex.
PS: I need a funny Vanityname for a Wallet which will soon get to the XCP Richlist on various block explorers ;-) Ideas appreciated.
Look like it was remove before you get a chance to buy, maybe fake sell wall
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
http://i.imgur.com/6WPVmKr.png
observation: both the magnitude and the depth of the drop follows almost exactly as the magnitude and depth of the first big rise
It is a shame this is one of worse investments in the alt-coins in last few months . Even a few scam coin have lost less
who can explain this
ethereum investor pay 25.000 btc ... here is smart contract, the first multisig, the real working decentralize exchange, only little more volume than bitbay . and lose no much more than the same when bitbay known scam how is this?
the chinese exchange btc38 xcp is number 1 on the vote list. for months no word . we community need to add exchange and work promotion .
observation: both the magnitude and the depth of the drop follows almost exactly as the magnitude and depth of the first big rise
It is a shame this is one of worse investments in the alt-coins in last few months . Even a few scam coin have lost less
who can explain this
ethereum investor pay 25.000 btc ... here is smart contract, the first multisig, the real working decentralize exchange, only little more volume than bitbay . and lose no much more than the same when bitbay known scam how is this?
the chinese exchange btc38 xcp is number 1 on the vote list. for months no word . we community need to add exchange and work promotion .
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
Quote
Pump and dump.
Quote
"Pump-and-dump" schemes involve the touting of shares of a company (usually small businesses, so-called "microcap") through false and misleading statements to the market. These false allegations could be made on social media such as Facebook and Twitter as well as message boards and chat rooms.
http://www.sec.gov/answers/pumpdump.htmUnfortunately as seems exactly what it was.
All below these statements were made .Code:
"Excited to use @ CounterpartyXCP revolutionary technology to build our
#projectMedici :. p2p stock exchanges on #blockchain of #bitcoin "
https://twitter.com/OverstockCEO/status/520254771890884608#projectMedici :. p2p stock exchanges on #blockchain of #bitcoin "
Code:
"" We are committed. We have formed a business unit within Overstock, we have lawyers, we have developers
these guys have a budget of several million dollars and they moved to Utah. We are at full speed. ""
http://www.coindesk.com/overstock-hires-counterparty-developers-build-cryptosecurity-stock-exchange/these guys have a budget of several million dollars and they moved to Utah. We are at full speed. ""
http://i.imgur.com/GYb2a9Il.jpg
I appreciate the developers of counterparty a lot . One of the best in the business . Very upstanding group of people who even chose to not take money for this project. Also overstock, who accept bitcoin very early on . But the handling of this whole thing stinks.
The amounts I have lost so far from the point of buy to today is the equivalent of a year of work in my normal job salary . I wish to make it clear do not blame anyone for my own investment decisions, it is im happy unregulated trading. anyway market can go up and down. but I think we would be better if Overstock name had never been mentioned. we all know that the counterparty is not all about the Medici . But the effect such a major undertaking as a decentralized stock market supported by the power of such a large company as overstock can have on a small cap traded as thin as XCP is undeniable. . and what went up quickly crashed down even harder
so Instead we have seen the pump and dump because of really great news then a reversal of this news. While the big news announcement of partnership was heavily circulated on the roofs of the conferences, press releases, conference calls the fact this news was exaggerrated and things had since changed was kept mostly quite and hidden . only evidence was a slip of the tongue and now youtube video by a news reporter who contact overstock . the holder lose, the quick seller win. like bitcoin too.
I think so that the news sidechain be ready earlier than expected had some effect on prices, but not as much as this article. even though price is slipping for a while I think it's was a nail in the coffin. im sorry to recommend buying "cheaply" XCP my friends after the last video of Patrick when it seems positive, even they have lost half of their investment .
I think it was implied both projects had reached some sort of agreemen I thought the presentation of insidebitcoins with the big counterparty logo onscreen and speech marked the beginning and a contract was in place. I feel every time some doubt has surfaced about the partnership dissolving I feel it was reinforced that nothings changed .
For a company so against the dirty business practices. this strategic shift 180 turn has left many investors who shared the vision of decentralized exchange high and dry. At least those that thought they could invest in a part of the vision . I think it's a classic example of dirty business style
to pull the rug away like this, and it's a sure thing that investors would lose money after such an announcement. in this case I thing strongly such a confident talk of partnerships should not have said publicly . Very disappointed in this whole affair.
it was just my venting, my two cents.
Sorry for my english guys
Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)
So, if we were to liquidate all of the assets, we would have 862.5 btc roughly, which divided over 1,149,988 shares, would be .00075 btc per share.
Yeah why make it easy calculating with BTC/1GH since each unit represents 1GH
You make a few assumptions though; first of all, that the hardware can be sold. Since cryptx uses Bitfury hosted mining, its not clear to me who really owns the hardware at this point. EVen if cryptx owns the hardware, its very likely the contract with bitfury runs for a predetermined time, most likely 12 months if not more. Keep in mind bitftury built their datacenter to essentially serve two customers (DigitalBTC and cryptx). Who is going to pay the next 6 months (edit: or 11 months, since the datacenter apparently came online in august!) ?
Lastly there is the matter of incentive. Cryptx is making as much on petamine today as it was in the beginning. Its still reaping in $0.15/GH/month. He has no incentive to sell the hardware. He may lower hosting fees if and when needed to maintain the illusion of shareholder returns, since he is hosted in Georgia with rock bottom electricity prices (*), Im sure he has enough leeway there on his $0.15.
(*) http://www.georgiapower.com/pricing/files/rates-and-schedules/large-business/5.10_PLH-9.pdf
0.5679¢ per kWh or $0.0057 per KwH !!
we know they are screwing us on power along time digital btc press releases on their site say they used bitfury hostedmining and made millions american dollars of profits quickly they brek even. In Georgia bitfury pays even less than this for their power they use their own generator 10 or 20 megwatt and oil tanks, i read story say their datacentre more efficient than googles .
bitfury show us picture of their warehourse and hardware in belgium . we payed for both piece of minignn equipment before and after it move. If this is just borrow hardware without owning i would never invest, they cannot make illegal statement like this
so today i am seeking advice from legal proffessionals if cryptx will not offer hardware to rightful owner
Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)
My current thoughts on the project...
At this point dividends are negligible and mean nothing, anything paid in divs is just a bonus to the cost of the assets owned by the fund. Therefor, the only thing left that has any value in PETA are the assets, which are capable of mining at 1150 TH/s.
So, currently the AsicMiner Prisma is selling at 1.47 btc for 1.4 TH/s of hashrate in CanaryInTheMines Group Buy thread.
Obviously we won't get the same price as our power efficiency is worse, but I don't think it is out of reason to expect to get .75 btc per TH/s of power at this point.
So, if we were to liquidate all of the assets, we would have 862.5 btc roughly, which divided over 1,149,988 shares, would be .00075 btc per share.
Of course that assumes that all of the assets can be sold for that amount and can be sold quickly. I suppose that is the gamble right now, if we do decide to liquidate, there could be dividends of about double the current price assuming Cryptx decides to listen to investors and sell the equipment. If they don't, they will continue to mine to nothing (except Cryptx's pocket) and we will be left with worthless equipment.
The time is now the liquidate the fund and sell off the assets.
At this point dividends are negligible and mean nothing, anything paid in divs is just a bonus to the cost of the assets owned by the fund. Therefor, the only thing left that has any value in PETA are the assets, which are capable of mining at 1150 TH/s.
So, currently the AsicMiner Prisma is selling at 1.47 btc for 1.4 TH/s of hashrate in CanaryInTheMines Group Buy thread.
Obviously we won't get the same price as our power efficiency is worse, but I don't think it is out of reason to expect to get .75 btc per TH/s of power at this point.
So, if we were to liquidate all of the assets, we would have 862.5 btc roughly, which divided over 1,149,988 shares, would be .00075 btc per share.
Of course that assumes that all of the assets can be sold for that amount and can be sold quickly. I suppose that is the gamble right now, if we do decide to liquidate, there could be dividends of about double the current price assuming Cryptx decides to listen to investors and sell the equipment. If they don't, they will continue to mine to nothing (except Cryptx's pocket) and we will be left with worthless equipment.
The time is now the liquidate the fund and sell off the assets.
hi i am originally invest when peta miners made the announcement on reddit about switch to p2pool and decide to make the switch here from cex .
i read this detail in the prospectus
Quote
The hardware will be deployed immediately after the IPO. Unit holders are
entitled to 15 GH/s per unit and are also owners of the hardware of the mine.
On top of this, our new hardware only consumes
0.785 Watt/GH, which is the best performance on the market
Unit holders are
entitled to 15 GH/s per unit and are also owners of the hardware of the min
Unique Bitcoin mining features come together in one project:
o You start mining immediately
o You have no contractual obligations
o You benefit from the most competitive unit price per GH on the market
o You are an owner of the hardware
o You benefit from our large purchasing power
o You choose your timeframe
o You pay zero management or pool fees
o You benefit from partnerships with the biggest chip manufacturers
entitled to 15 GH/s per unit and are also owners of the hardware of the mine.
On top of this, our new hardware only consumes
0.785 Watt/GH, which is the best performance on the market
Unit holders are
entitled to 15 GH/s per unit and are also owners of the hardware of the min
Unique Bitcoin mining features come together in one project:
o You start mining immediately
o You have no contractual obligations
o You benefit from the most competitive unit price per GH on the market
o You are an owner of the hardware
o You benefit from our large purchasing power
o You choose your timeframe
o You pay zero management or pool fees
o You benefit from partnerships with the biggest chip manufacturers
our money in IPO fund are use to buy hardware. cryptx take our money second time for loan to buy miners and paid him back by convert shares we own this hardware this is the condition of investing
This is why i invest here because we own the hardware. this binding condition can no be changed.
but now cryptx is scaming us. price is to 0,0004 or lower today and will only fall. cryptx ignore the owner and continue to suck profit. long enough cryptx have sucked profit
havelock come to speak and say this profit is relate to difficulty, everybody know this and there is no surprise here- cryprx cannot control diffiuclty but he can control the condition of the agreement. we OWN this hardware this is theft many time you have been contact asking to return our hardware.
llook asicminer prisma = 1,47 bitcoins. Here is same efficient roughly, the value here is 1 bitcoins minimum can be easily sold, i know already many buyer and also there are those who will act as reseller. div is 0,001 this way .
cryptx i will drive to your mine and pickup MY hardware in europe anywhere . is no problem for me. you ignore all my message
i pay 2 btc who can start legal action or share documents of cryptx owner- addres, picture? ?
if someone want to pool together for legal action we can start from friday i am ready
if they dont sell this they are criminals. everything is on record. they will be like this man
http://insidebitcoins.com/news/trendon-shavers-bitcoin-ponzi-schemer-charged-40-million-fine/24716
$40 million american dollar fine for scamming user of bitcoin because he not hide, same as cryptx not hide
SELL THE HARDWARE OR GIVE OUR HARDWARE BACK TO THEIR OWNER- WHO IS THE SHAREHOLDERS
THEN WE CAN SELL THIS