log☇︎
847300+ entries in 0.572s
dexX7: product company first, rather than a base for Bitcoin distribution."
dexX7: "The concept the selling of shares is blurring a legal line, especially in the US. We are not sure if that model is possible within our boundaries. There is also the issue regarding dealing with Bitcoin and converting to cash, thus becoming a money service. We do not want to be in any grey area, and we want to be clear with our business model. The goal of CoinTerra is to be a hardware
nejon: anyway even if the ipo is legit then there is still the thing about cointerra delivering something :)
ozbot: AnandTech | The Rush to Bitcoin ASICs: Ravi Iyengar launches CoinTerra
nejon: and 7th is the deadline
nejon: dexX7 the shares will be put up for sale when the ipo is closed
nejon: and why ruin the reputation
nejon: I'm just trying to find out if this is legit
dexX7: but the issuer hasn't put up shares for sale
dexX7: no asks, no trades, no volume
dexX7: so, maybe i just don't see it. when does the ipo start?
nejon: you can see the info on that account
nejon: he was one of the main investors in bitfury too
nejon: dexX7 I think leszek is the main guy
pankkake: what the fuck
nejon: what do you know about the legal issues?
pankkake: so they certainly would not show it on picostocks then
nejon: I think they wouldn't announce
dexX7: i don't know them
nejon: picostocks has that option
nejon: and ipo fee might have been paid with bank transfer too
dexX7: ipo creator -> picostocks transit -> x
dexX7: maybe it's just a transit address
nejon: quite a lot of bitcoins on that account
dexX7: rephrased: not this account payed the fee, but the fee was payed from the same address
ozbot: PicoStocks : 1BASfHfaxhR3tb1HpHqiLBkSxPnc4A7AYn : User's Bitcoin transfer log
dexX7: https://picostocks.com/users/bitcoins/25 << that account payed the 50 btc
nejon: so it's impossible to scam if the owner of the exchange is not involved
nejon: withdraw the asset. In such case all investments in bids for the shares of this asset will be returned to the investors."
nejon: "If You accept the IPO evaluation You can close it at a selected price. After this You have 2 weeks to sign the sales contract with PicoStocks and submit the signed documents to the IPO office. If You miss this deadline the IPO will be canceled (the asset will be withdrawn from the system). You can also cancel the IPO any time yourself if You are not satisfied with the results and
dexX7: sure, but all it needs is a word from cointerra to end it
VanCleef: gotta spend money to scam money
dexX7: it's strange, because i wouldn't expect a scammer pay 50 btc for something that could be busted within a few minutes
pankkake: 50 btc to list on picostocks?!
nejon: what is strange about that?
ozbot: Bitcoin Transaction c5c6436dc53cd90306e6e9f958af32cde67506888ed012e4d57cd34e6bb5460a
dexX7: right now trading hasn't started yet on picostocks
nejon: I'm sure he is in the know
nejon: maybe you should ask the support guy about that form too..
pankkake: The reader should not assume that the information is accurate and complete.
pankkake: The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
dexX7: so what's the story behind this sec form?
nejon: anyway I would find it strange if bitfury team member was involved in scam like that
pankkake: nejon: at that point, I'm starting to think you're the scammer behind it
nejon: maybe you should spend more than 5min too
pankkake: and also would spend the 5 min required to see if it's legit
dexX7: ukyo spends a lot of coins for lawyers to make bf more legit
nejon: and that would make a difference :D
dexX7: bf i think
nejon: what they should use then?
nejon: yes because he knows they are selling machines
pankkake: yes, 1) why picostocks 2) why no announcement before actual ipo 3) the support guy didn't say i don't know, he said no stock selling
dexX7: nothing against picostocks though
dexX7: why should they use picostocks lol
nejon: are they supposed to know everything
nejon: not sure if I should even trust some guy on support
pankkake: (not that you should trust screenshots)
pankkake: there's a screenshot of the support ticket somewhere
dexX7: http://www.reddit.com/r/BitcoinStocks/comments/1npqw8/cointerra_ipo_on_picostocks_any_details_about_this/cckz2ln < to be more specific
dexX7: but what you posted.. what does that actually mean?
pankkake: from what I understand of cointerra, they do not want to touch bitcoin at all
nejon: how is that confirmed?
nejon: could this be related to cointerra ipo on picostocks? http://www.sec.gov/Archives/edgar/data/1586249/000158624913000004/xslFormDX01/primary_doc.xml
pankkake: jeffrey tucker
pankkake: it's that bowtie guy right?
pankkake: if you ignore the hair, somewhat
gribble: ThickAsThieves was last seen in #bitcoin-assets 3 hours, 2 minutes, and 4 seconds ago: <ThickAsThieves> a tor detector detector
VanCleef: ;;seen ThickAsThieves
dexX7: ThickAsThieves: do you have a copy of am's latest statement made by the board? could you put it on pastebin or so?
pankkake: those guys are still deluding themselves
pankkake: [03:13] <samuel_jackson> to take over the company form the scammers
pankkake: [03:13] <samuel_jackson> we'll put motion up as soon as the board is up
mircea_popescu: without being able to actually confront the fact that looky how fucking retarded we are.
mircea_popescu: because it's really impossible it be the case that the redditard generation is quite fucking stupid enough to do something on sept 30th and the exact oposite on oct 5
mircea_popescu: right, and the duck i ate earlier was just feigning.
pankkake: he just wanted to play with you
mircea_popescu: now whether it was really sam/alesia/theswede/whoever the fuck else that came here to bitch under that nick.... who cares.
mircea_popescu: on the face of what he said, the former would seem to be rather the case.
mircea_popescu: we are discussing if this guy was actually paid by / working for labcoin or simply trolling.
mircea_popescu: we're not discussing whether this guy is or is not X random person irl.
dexX7: according to the messages he was scammed by them, too and he seems to be a nice guy :)
dexX7: so how likely is it that this guy surprisingly appears on irc to mock labcoiners?
dexX7: 1. those quotes are from user "labcoin" (persona "sam" which is actually alessia), 2. howard/zhenhua wang is external and was hired by labcoin to create an asic, 3. wang never appeared on the forums/irc
mircea_popescu: but probably why ? on the basis of what ?
dexX7: just to underline that this is not the guy who wrote the message
dexX7: hm? i'm just saying that "zhenhua_wang" has probably no connection to the "real" labcoin team
mircea_popescu: how's that prove it's a troll.
mircea_popescu: dexX7 anyway, it's common for pr to repeat the official line. -pr quotes me all the time.
mircea_popescu: some emo chick that doesn't wash ironically is still an slovenly slut.
pankkake: labcoin is trolling itself so yes
mircea_popescu: pankkake the distinction blurs.
dexX7: zhenhua_wang = the guy who wrote the message which is on pastebin. he never was here on irc.
pankkake: quoting real things labcoin said though
pankkake: sure, but it was a troll
mircea_popescu: no, he came here because i went over on their chan for lolz.
dexX7: the original quote is from labcoin made on the forum
dexX7: is this from the log?
mircea_popescu: ahh the good old days of last week!
mircea_popescu: Sep 30 22:27:12 <zhenhua_wang>once again we advise all investors to buy shares while they are cheap, We are confident in fact that the price will raise tenfold in respect to IPO
mircea_popescu: tho after his utter failure to rehabilitate that nick with his "vanity thread" etc i suppose it's not surprising he just let it drop.