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Messages - AdamBLevine

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181
So it seems like there is a plausible solution here and we basically have no way to verify it without asking the person to come forward who has been making the donation, which would tell us a lot more.

I definitely agree with others that Stans fortune cookie responses are very frustrating as the primary, official response one can hope for.

182
An official statement would be great.

183
Who is Hypertas, and why were they given 134,000USD worth of bitcoin at current rate?

Because this person or company is managing payroll by the looks of it.  Not looking like anything problematic so far.

184
Who is Hypertas, and why were they given 134,000USD worth of bitcoin at current rate?

185
BitShares AGS / Concerns about AGS donations being reinvested in AGS
« on: June 11, 2014, 03:44:26 am »
I didn't go looking for trouble on this one, see the emails I recieved below

Quote
Hi, Adam,

I found something about AngelShares that you might be interested in.

These three donations to 1ANGELwQwWxMmbdaSWhWLqBEtPTkWb8uDc (the AGS BTC donation address) are quite suspicious:
https://blockchain.info/tx/60d47ffb496bcff064408b900d53d242e9bbd854cae2b610a1928146aae2d214
https://blockchain.info/tx/22bf12c9c36d042a224cc59b8b23c0df126a2f1b005bb50e1965b7cf72c409e0
https://blockchain.info/tx/31d4c4f06732194126d07972ea71d701b331abd878f2993e41f486506db9483e

You can easily trace the output (https://blockchain.info/tx-index/57931028/0) down to the donation address (1ANGELwQwWxMmbdaSWhWLqBEtPTkWb8uDc) directly:

1JYgevsQREK1DBQKHJBNRYqtWSPmep77pT
|
16UbgMKBmspq7WVDmNrpNAReNe4iZQTjvK
|
17wefmCLyJRwVjBk6HVYZdByGWUsqaHF9v
|
1Dj8CdXFSRf8veWb4hzgiMbae2K2miiMht
|
1PSS7uYA1VEgWFMDtqsMwUa2sxRVF5kGsc
|
1MRanPtASeZUWC44rQHNPmVSgR5M9kZdts
|
1PYicC3TkEZUwuTMPLjSawJqEvLw94RPz6
|
1ANGELwQwWxMmbdaSWhWLqBEtPTkWb8uDc

In a sense, Invictus is donating to AGS using the AGS fund.

I think you're the only one in the BitShares forum that Invictus can't ignore and I wish you could bust them using the information on the blockchain that I provided.

Thank you,
Anonymous

So then I said
Quote
What makes you think it's not one of the contractors they're paying with those funds re-investing since they know better than anyone on the outside that real value is being created?

I've got no problem bringing this up but unless you can tie it to funds that are supposed to be in savings, or that went directly from AGS to being reinvested in AGS with almost no intermediary hops that could represent someone being paid, this seems highly circumstantial.

To which they replied

Quote
Hi, Adam,

It's very unlikely to be one of the contractors re-investing their earnings, since we've seen patterns of 3BTC donations to the AGS everyday. Chances are Invictus is the one behind the daily 3BTC donation trying to dilute our AGS rewards and it might be our only chance to find out the truth.

I can not find any further evidence except row #52 in their fund usage doc noting that those 200BTC are paid to Hyperetas for operations:
https://docs.google.com/spreadsheet/ccc?key=0AqTwk-e7yzJydDFnQmlkTVlkbWpubnJBbzR2UG5ucnc&usp=sharing#gid=0

But hopefully, it you bring this up, some other guys in the forum could find out.

Thank you,
Anonymous

I don't have time for this so I'll leave it to others to investigate.  If the allegations are accurate I would not be pleased.

186
General Discussion / Re: Initial delegates, let's get ready!
« on: June 07, 2014, 08:59:41 pm »
Enjoy!  Looks too fiddly for a user like me, I just need an application I can install, configure and run.

187
Thanks for the info, If you have internal allocations that are already decided I think they should be public.

188
That said, it's not really my point.  I don't necessarily have a problem with the funds already being allocated, but that was not what I thought was the case since the accounting shows that the vast vast majority of funds are unspent and are not indicated as committed.  As an investor this concerns me, and I would appreciate clarity.

189
Only because you don't need to be, but you're working on their projects at their location being paid by AGS funding and if you were working on a project they didn't already want to do, you wouldn't be. 

Forgive me if I'm not seeing a meaningful distinction here, but you're working with them because you made friends, went and visited and jumped onto a project they didnt have time for but had already decided they wanted to do.  That is "Invictus", you're the contractor until they decide to hire you or you decide to spin off.

190
How come? – the AGS account shows huge balances and very little expenses. If you have already dedicated most of the funds you better have a way to show them on the open books. If you have dedicated say 100 K PTS already and you gonna show them only after spending them (sending out the funds) those open books do little to no good.

I will not talk about how those AGS funds could have been much bigger - I have posted long enough posts on the topic before…

Good point, right now the AGS funds are being documented on a cash basis rather than accrual.   The funds have been mostly reserved to keep a development team going for 1 year with some margin for Bitcoin price falling further.

This is the first I've heard that the majority of AGS funds are now intended for internal use at Invictus?  Can someone from Invictus please confirm this is true?

If it is, can we please get transparency on what you think your burn rate is and where you're spending it.  Transparency please.

191
Muse/SoundDAC / Re: Tatiana Coin
« on: June 05, 2014, 04:43:14 am »
Deja vu. Didn't she already do one of these on Mastercoin? Oh well, if she did, then it's probably lost in Mastercoin's tangled web.

No, the project initially was courted by Mastercoin and Counterparty, but she went with Counterparty.  The funding campaign (which borrows the Angelshares model!) began yesterday and I'd encourage anyone interested in pushing these models forward to contribute (in the same way as AGS, a little per day not all on one day to maximize your impact)

192
General Discussion / Re: [ACTIVE] new testnet *WITH GUI! WOW!* inside
« on: June 05, 2014, 02:12:28 am »
Can a savvy user make a walkthrough video that talks about what each feature does?  I think that would be a really good thing :)

193
General Discussion / Re: Masterplan
« on: June 03, 2014, 04:14:45 am »
The goal is not for the bounty to reward everyone who makes the attempt, but rather to encourage everyone to make the attempt where otherwise they might not. 

Creating a DAC and succeeding is not a zero sum game where all other DACs must necessarily fail, so our challenge is merely to catalyze them towards developing their vision in OUR ecosystem rather than in somebody elses.

Here's the post for full details, although note it was a proposal so the intention and outcome are far more important than actual implementation details.
https://bitsharestalk.org/index.php?topic=3363.0

194
General Discussion / Re: TITAN Test Net for XTS Open for Savvy Users
« on: June 03, 2014, 12:05:21 am »
So it looks like this is for command line users only, yah?

195
To run a delegate doesn't require much technical experience so long as you can keep your private key safe and can follow the basic instructions we will be providing.

When things mature the delegates may have to do more technical work.

Okay, I'm in.

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