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Post by striker7334 on May 1, 2014 10:45:05 GMT -6
I have some concerns about the fact we trade on Cryptostocks because of the situation with Vircurex and the fact they are both owned by Kumala. Now we all know Vircurex is without a doubt fighting insolvency on a fractured reserve and could shut down at any time what’s to say Cryptostocks wouldn't follow? My question is this, is there a contingency plan in place to retain our shares in case this scenario plays out? Source: bitcointalk.org/index.php?topic=569037.0 |
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Post by fasbit on May 2, 2014 13:46:44 GMT -6
Yes... I keep a regular log of share holders. Your shares are 100% safe. If they fall apart I will still be bale to pay the share holders. That being said, maybe you would like volunteer to research Master Coin or bitcoin burse to see if there is an alternate venue that would allow easy distribution of the dividends if they did fall apart. Honestly I think they will keep cryptostocks open, even if vircurex folds. Cryptostocks is low risk for them and it produces a lot of revenue too... its like a one way street...
./fasbit
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Post by corsa1r on May 8, 2014 4:43:13 GMT -6
Whats going on with the big sells right now? .5 btc for sale at 1 satoshi... is it this vircurex insolvency?
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Post by dragnar1212 on May 11, 2014 21:38:39 GMT -6
Whats going on with the big sells right now? .5 btc for sale at 1 satoshi... is it this vircurex insolvency? there probebly a scam / insolvent like vicurex many news article,s puping up about it bieng a scam ( not a hack ) i would not recomand selling your fee share,s * the one that sold 330k grid share,s for 100 sat ) was me some time ago i did this to pull out btc from crypto stocks * still holding 1 btc worth of grid ) sins there site will prob go down ( not sure ) i command the owner of grid/fastbit to update there share holders list now * and start a ipo flag ) we could then use the btc profit we made to list ourselfs on www.havelockinvestments.com/or use the new protecol thats bieng build into NXT ( witch is not finished ) as soon as the air clears and peeps find out about the insolvency there will be a run on secure listings ( listings whit a backup plan ) grid being one of them * ia they will pay any price to get @ least some value out " sins the btc / ltc they hold in the exchange will be worthless i myself will look for any share i dont trust that i can sell and buy any grid seed share i can altough i am not a fan of craptsy there share,s might also be a way out |
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Post by corsa1r on May 12, 2014 10:16:16 GMT -6
withdrawals work again... at least for me. perhaps it was false alarm but the silence from this company says a lot how risky it is. Good thing fasbit keeps list of the shareholders if site goes down.
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Post by fasbit on May 13, 2014 5:55:06 GMT -6
Not sure what happened with Cryptostocks. But it looks like all is well.
./fasbit
PS I run a list of shareholders ever weekend to keep an updated list with share amounts, so as long as you are not anonymous... I will know how many shares you have to distribute dividends.
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Post by cryptodough on May 30, 2014 9:16:17 GMT -6
Where's the dividends? It's been 10 days, next one better be at least 3 satoshi per share...
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Post by rfcdejong on May 30, 2014 14:59:51 GMT -6
Where's the dividends? It's been 10 days, next one better be at least 3 satoshi per share... looking at the wallets it seems there is 1 BTC for buying new hardware, and 0.40 BTC for dividend, which will be tomorrow i think... only 1 sat per share, 0.49 is needed for that |
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Post by imbiat on May 31, 2014 20:10:08 GMT -6
Where's the dividends? It's been 10 days, next one better be at least 3 satoshi per share... looking at the wallets it seems there is 1 BTC for buying new hardware, and 0.40 BTC for dividend, which will be tomorrow i think... only 1 sat per share, 0.49 is needed for that new hardware being added to the pool would be great. |
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Post by rfcdejong on Jun 1, 2014 13:12:16 GMT -6
I'm missing announcements, seems fasbit is not that active anymore.. i wish they post something
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Post by cryptodough on Jun 1, 2014 19:51:21 GMT -6
Anyone interested in buying my shares? I will sell them below minimum price, .0000009 / share. Escrow required. Pm me if interested.
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