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Title: ASICMINER fixed price auction Post by: Jutarul on March 01, 2013, 10:12:48 PM Bitfountain decided to postpone the release of the ASICMINER equity to a trading platform.
(https://bitcointalk.org/index.php?topic=99497.msg1571278#msg1571278) I am thus offering this FIXED PRICE auction for a total of 2472 shares at a price of 0.5 BTC / share. I am doing this to provide liquidity and to benefit from my early investor status. The minimum purchase is 10 shares and you could decide to buy incrementally. I will post daily summaries. This auction will continue until the shares have sold out. The shares are sold on a first come first serve basis. After bidding, please sent the corresponding amount of BTC (shares*0.5) within 48 hours to the following address: 1KbAD8KU1u6uw6nHSJEYpdZfgQbNbTAkH2 !!!IMPORTANT!!! When you bid, specify the BTC address from which the BTC are coming from, so I can associate the forum name with the BTC address. Thus make sure you have access to the private key of the source BTC address. I will also use that BTC address when reporting the trades to friedcat. So safe yourself a headache and make sure you got this covered. !!!IMPORTANT!!! If the BTC are not received within 48 hours, the bid becomes invalid and the shares are available again. I plan to do the clearing,i.e. the reporting to friedcat, after the auction has finished. If the auction takes longer than a week, I will report incrementally, i.e. each week. If dividends overlap with the reporting/bidding, the date of the bid decides on the final recipient of the dividend, i.e. they will be forwarded correspondingly. Happy bidding Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 01, 2013, 11:43:51 PM I have asked friedcat to confirm the validity of the offer.
Also, if you are not that familiar with how to send BTC from a specific address, I can make exceptions for the purpose of accounting (still prefer the other method). However, I still need an address which I can report to friedcat, keep that in mind. I also accept offers per pm, in case a buyer wants to stay anonymous. I will post the corresponding entry in the thread, so everybody is aware of the activity. The time of the PM counts as the bid time. Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 01, 2013, 11:56:38 PM bid for 30 shares per PM. March 01, 2013, 11:54:15 PM.
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 12:00:32 AM bid for 10 shares per PM. March 01, 2013, 11:58:03 PM.
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 12:03:27 AM bid for 80 shares per PM. March 02, 2013, 12:00:16 PM.
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 12:07:44 AM reserve for 20 shares per PM. March 02, 2013, 12:03:27 AM
conditional on friedcats confirmation Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 12:21:56 AM bid for 50 shares per PM. March 02, 2013, 12:19:46 PM.
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 12:26:28 AM bid for 38 shares per PM. March 02, 2013, 12:23:16 AM
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 03:21:22 AM reserve for 15 shares per PM. March 02, 2013, 01:21:59 AM
conditional on friedcats confirmation Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 03:23:43 AM bid for 200 shares per PM. March 02, 2013, 02:34:11 AM
Title: Re: I'd like to buy 10 shares, but... Post by: Cornelius on March 02, 2013, 03:28:18 AM Quote When you bid, specify the BTC address from which the BTC are coming from, so I can associate the forum name with the BTC address. I'm using the latest version of the Satoshi client (v0.8.0-beta). Would you (or anyone else) be kind enough to briefly explain to me how to create a sending address so that I can send BTCs from it using my Satoshi client wallet? If I just sent the BTCs to you regardless with my Satoshi client wallet, I should be able to see after the fact which BTC address my Satoshi client used to send the BTCs, right? Then I can report that address here? If I proceed this way, will that sending address be a different address from all the addresses I may have used previously using the same Satoshi client wallet? Your help would be very much appreciated. Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 03:33:00 AM bid for 100 shares per PM. March 02, 2013, 03:17:50 AM
Title: Re: I'd like to buy 10 shares, but... Post by: Jutarul on March 02, 2013, 03:37:02 AM Quote When you bid, specify the BTC address from which the BTC are coming from, so I can associate the forum name with the BTC address. I'm using the latest version of the Satoshi client (v0.8.0-beta). Would you (or anyone else) be kind enough to briefly explain to me how to create a sending address so that I can send BTCs from it using my Satoshi client wallet? If I just sent the BTCs to you regardless with my Satoshi client wallet, I should be able to see after the fact which BTC address my Satoshi client used to send the BTCs, right? Then I can report that address here? If I proceed this way, will that sending address be a different address from all the addresses I may have used previously using the same Satoshi client wallet? Your help would be very much appreciated. However, as already pointed out above I will also accept payments from other address. But you have to provide an address I can report to friedcat to track ownership and to facilitate dividend payments. Hope that helps Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 03:39:48 AM reserve for 34 shares per PM. March 02, 2013, 03:31:43 AM
conditional on friedcats confirmation Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 03:47:15 AM bid for 100 shares per PM. March 02, 2013, 03:40:42 AM
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 04:10:16 AM bid for 10 shares per PM. March 02, 2013, 04:08:22 AM
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 04:33:23 AM reserve for 62 shares per PM. March 02, 2013, 04:24:51 AM
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 04:33:52 AM bid for 50 shares per PM. March 02, 2013, 04:29:57 AM
Title: Re: ASICMINER fixed price auction Post by: GreatBug on March 02, 2013, 04:35:03 AM When do you expect friedcat to confirm?
what is bid vs reserve? Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 04:38:08 AM When do you expect friedcat to confirm? Whenever he's awake & read his emails & and has time to browse the forumwhat is bid vs reserve? Some have requested a confirmation from friedcat first. Since this may take a day, I've put down the bid as a reserve, to indicate that it becomes a bid once friedcat confirms.Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 05:07:01 AM changing bid for 100 shares per PM. March 02, 2013, 03:40:42 AM
to: bid for 102 shares per PM. March 02, 2013, 03:40:42 AM Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 05:31:19 AM When do you expect friedcat to confirm? Whenever he's awake & read his emails & and has time to browse the forumwhat is bid vs reserve? Some have requested a confirmation from friedcat first. Since this may take a day, I've put down the bid as a reserve, to indicate that it becomes a bid once friedcat confirms.A reserve is a bid, for which the 48 hour payment clock starts when friedcat has officially confirmed the validity this auction. Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 05:47:42 AM I am off to bed.
current state: 670 in bids, 131 in reserve 2472-670-131 = 1671 shares still available Title: Re: ASICMINER fixed price auction Post by: romantic1 on March 02, 2013, 05:50:30 AM reserve 10 shares. My btc add: 13cgkKBYoqowba8PjqTACxqpqLuw2Hg11q (btc-e)
Title: Re: ASICMINER fixed price auction Post by: luffy on March 02, 2013, 06:05:19 AM i sent pm. whenever the reserve is done i will sent the money ;)
Title: Re: ASICMINER fixed price auction Post by: VeeMiner on March 02, 2013, 09:05:07 AM I would like to reserve 22 shares, thank you
Title: Re: ASICMINER fixed price auction Post by: El Cabron on March 02, 2013, 10:59:19 AM Interested but I would like to know who is being used for the escrow?
Thanks Title: Re: ASICMINER fixed price auction Post by: friedcat on March 02, 2013, 12:47:01 PM We confirm that Jutarul is indeed associated with the Bitcoin address 1KbAD8KU1u6uw6nHSJEYpdZfgQbNbTAkH2, which serves as his account. We also confirm that the corresponding share number to the address is enough for his auction.
Title: Re: ASICMINER fixed price auction Post by: wisard on March 02, 2013, 02:54:21 PM I would like to buy 152 shares.
Title: Re: ASICMINER fixed price auction Post by: Line on March 02, 2013, 03:04:00 PM Bid for 25 shares @ 0.5 BTC for a total of 12.5 BTC with address 1Ni19a9NPKoJcEYMwzaY5JYzJtgCMBmnME
Title: Re: ASICMINER fixed price auction Post by: Line on March 02, 2013, 03:06:55 PM Bid for 25 shares @ 0.5 BTC for a total of 12.5 BTC with address 1Ni19a9NPKoJcEYMwzaY5JYzJtgCMBmnME Requesting escrow as well Title: Re: ASICMINER fixed price auction Post by: wisard on March 02, 2013, 03:35:35 PM I would like to buy 152 shares. I too would like to proceed with escrow. Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 04:46:02 PM back at the computer, processing the input... 17 Messages and a few auction posts.
Thanks, friedcat, for the quick confirmation! I consider all reserve as bids now and expect payment within 48 hours to finalize the deal. I saw people requesting escrow. While I am usually a fan of escrow for purposes of finalizing a transaction for which the quality of the product can not be inspected at the time of purchase, it is unnecessary here for the following reason: 1) This auction is now offically confirmed by friedcat, so he is aware of the activity 2) You have PROOF of payment, because the transaction is directed towards the BTC address which is registered with friedcat (given you have the private key of the incoming BTC address). Also it's a fixed price auction, so the incoming BTC is proportional to the number of shares. Hope that should clear things up. I will process the requests now, put them into sequence and post another status update. Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 05:53:53 PM bid for 10 shares per PM. March 02, 2013, 05:50:30 AM
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 05:55:14 PM sorry, this was actually a forum bid:
bid for 10 shares per PM. March 02, 2013, 05:50:30 AM Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 05:55:34 PM bid for 40 shares per PM. March 02, 2013, 05:51:11 AM
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 05:56:04 PM bid for 20 shares per PM. March 02, 2013, 06:26:44 AM
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 05:56:45 PM bid for 50 shares per PM. March 02, 2013, 06:28:37 AM
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 05:57:17 PM bid for 29 shares per PM. March 02, 2013, 07:26:29 AM
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 05:58:04 PM bid for 24 shares per PM. March 02, 2013, 07:29:03 AM
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 05:59:01 PM bid for 10 shares per PM. March 02, 2013, 09:24:37 AM
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 06:01:42 PM bid for 100 shares per PM. March 02, 2013, 11:28:21 AM
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 06:02:13 PM bid for 30 shares per PM. March 02, 2013, 12:23:18 PM
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 06:03:53 PM bid for +1 shares per PM. (adjusting previous bid) March 02, 2013, 02:42:38 PM
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 06:04:26 PM bid for 10 shares per PM. March 02, 2013, 02:55:00 PM
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 06:58:29 PM I am off to bed. current state: 670 in bids, 131 in reserve 2472-670-131 = 1671 shares still available adjusted now: 1324 in bids 2472-1324 = 1148 shares However, I further received a holding request for 1500 shares as a call option. I am treading this as a bid for 1148 for now, until the details have been worked out. Thus for now the shares have been sold out. I will update this thread with new information, once it's available to me. I will now compile the spreadsheet for clearing the trades with friedcat and monitor the payment address for incoming payments to finalize the bids. After 48 hours I will post information on the current status of this auction. Should shares become available again I will offer them again at a first come first serve basis. From now on, you're welcome to place bids as a reservation - either through PMs or an auction post. Please DO NOT transfer BTC, because this is just in case the option call fails, becomes irrelevant or other slots open! Again - all bids from now on are not guaranteed to be filled! Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 07:27:32 PM reopen-spot-reservation for 10 shares, March 02, 2013, 07:10:43 PM
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 02, 2013, 07:27:54 PM reopen-spot-reservation for 25 shares per PM, March 02, 2013, 07:16:53 PM
Title: Re: ASICMINER fixed price auction Post by: El Cabron on March 02, 2013, 11:44:05 PM interested in a block of 500, let me know if that opens up.
thanks Title: Re: ASICMINER fixed price auction Post by: thejestre on March 03, 2013, 05:21:08 AM Placing a bid for 25 @ .5/share if it turns out you have some left to sell, thanks.
Title: Re: ASICMINER fixed price auction Post by: Vezunchik on March 03, 2013, 08:07:03 PM Placing a bid for 25 or what is left...
Title: Re: ASICMINER fixed price auction Post by: wachtwoord on March 03, 2013, 08:08:25 PM interested in a block of 500, let me know if that opens up. thanks Why are you buying @ 0.5 BTC while you just sold for less? ??? Title: Re: ASICMINER fixed price auction Post by: wisard on March 03, 2013, 08:34:22 PM 76BTC sent for 152 shares.
https://blockchain.info/tx/ab55f4b74f993cfcdb790aff7beaf5a339ff56a8b24172d7d701605874f25915 My details for the 152 shares: Username: wisard BTC address: 13BKqLgfL5vjaLiK4jobkksw5A3xSzPfkf (I already own shares in ASICMiner so friedcat has my information.) Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 03, 2013, 10:20:07 PM I just wanted to give an update to everyone on the holding request I received over the 1500 shares which I wrote down as a bid for 1148 shares. The offer was a call option with a limited lifetime. Since there is a strong demand on the buy side I am not planning to go for a simple call option, however the person still has the chance to acquire the shares through the normal bid process with the 48 hours of the bid (with a little bit of lenience). I expect a decision within the next day.
I received more PMs with bids for shares which may become available again. I will post that activity in this auction thread together with the following summary: 1) Fullfilled bids (transaction received 2) Pending bids (no transaction received) 3) Sequential list of bids for shares which fall through 2) Will take me some time, but I expect to be finished within the next 2 hours or so. Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 04, 2013, 02:06:39 AM Below is the summarized update. It contains payment status, #shares the BTC to report to friedcat and the initial date of the bid.
I merged this with an earlier trade, this is why the total number of shares is 2487, instead of 2472. IMPORTANT!!! - Please check if your BTC address is given in this list and that the #shares is correct. If you find discrepancies please let me know ASAP. - if your status shows pending, please inform me ASAP on the status of your payment. - if your status shows "reopen reserve" your bid now became active. Please send me a BTC address for reporting, if you haven't done so yet and finalize the bid by send the payment to 1KbAD8KU1u6uw6nHSJEYpdZfgQbNbTAkH2 - the report will include the FORUM ID. If you also want an email address to be reported to friedcat (so he can contact you if the forum shuts down) please send me a PM, and I'll include it in the report. IMPORTANT!!! This list will get updated frequently until all shares have finalized and the report can be sent to friedcat. The status of the holding request was changed to a bid of 100 shares. I also received another request over a large volume of shares which here is reflected as 708 shares. The current status of this trade is (again) sold out. However, if you are interested in shares, should they become available, please send me a PM, I'll keep collecting the bids on a first come first serve basis until all open bids have been finalized. Code: status,SHARES,BITCOIN ADDRESS, BID DATE Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 04, 2013, 03:04:46 AM quick update:
the bid for 708 shares was adjusted to 300. I also received another request for 86 shares. This makes it 322 shares available as of this writing. Title: Re: ASICMINER fixed price auction Post by: El Cabron on March 04, 2013, 03:11:01 AM quick update: the bid for 708 shares was adjusted to 300. I also received another request for 86 shares. This makes it 322 shares available as of this writing. If going to take 300 of this 322 and my other 300 to make a total of 600. This should leave you 22 shares. Payment coming soon. Title: Re: ASICMINER fixed price auction Post by: lophie on March 04, 2013, 03:25:57 AM bid 5 btc for 10 shares. Sent already. I will pm the address to link them to the shares.
Title: Re: ASICMINER fixed price auction Post by: ineededausername on March 04, 2013, 03:32:15 AM Bid 50 BTC for 100 shares and confirmed, replacing 86 share bid.
Title: Re: ASICMINER fixed price auction Post by: romantic1 on March 04, 2013, 05:22:06 AM reserve 10 shares. My btc add: 13cgkKBYoqowba8PjqTACxqpqLuw2Hg11q (btc-e) I change btc address to: 1BeNBrFxYVyMj84rHpchQZf5vk4TZs7Z9S (this is my wallet)5 btc is on the way from btc-e to this address ! As soon as the transfer done ! I will transfer to you ! Thanks ! Title: Re: ASICMINER fixed price auction Post by: luffy on March 04, 2013, 05:45:16 AM now that we are ASICMINER chareholders how we can manage our shares?
i mean is there an official list with addresses and shares by friedcat ? Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 04, 2013, 06:32:10 AM now that we are ASICMINER chareholders how we can manage our shares? The shares will be directly registered with friedcat. That's what the BTC address is for: it tracks the ownership and can be used as proof of ownership and to receive payments. There is no official list. i mean is there an official list with addresses and shares by friedcat ? The shares will be directly managed by bitfountain until they have devised a scheme to put the equity on a trading platform, at which time the shares may be more manageable. In any event, I recommend using ASICMINER as a permanent investment in your portfolio, in which case you do not really need to manage anything. Just keep your BTC address safe and enjoy the dividends and the growth of the company. Should you be forced to liquidate your asset, you can always find another buyer through the various channels, do an escrowed payment and inform friedcat of the change, similar to how it is done here. However, please let me emphasize here that you should not flood friedcat with change requests. Otherwise he may be forced to put regulations in place to prevent high frequency trading. If you're interesting in speculative trading of ASICMINER right now, I recommend looking at some of the pass thru options - but be aware of the increased counter-party risk! Title: Re: ASICMINER fixed price auction Post by: El Cabron on March 04, 2013, 06:36:16 AM interested in a block of 500, let me know if that opens up. thanks Why are you buying @ 0.5 BTC while you just sold for less? ??? I accidentally sold more than I wanted to but still had to honor my commitments. Title: Re: ASICMINER fixed price auction Post by: romantic1 on March 04, 2013, 09:45:15 AM reserve 10 shares. My btc add: 13cgkKBYoqowba8PjqTACxqpqLuw2Hg11q (btc-e) I change btc address to: 1BeNBrFxYVyMj84rHpchQZf5vk4TZs7Z9S (this is my wallet)5 btc is on the way from btc-e to this address ! As soon as the transfer done ! I will transfer to you ! Thanks ! Title: Re: ASICMINER fixed price auction Post by: romantic1 on March 04, 2013, 03:17:32 PM 5 btc sent already ! (for 10 shares). Any update ?
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 04, 2013, 03:36:48 PM quick update:
I am going to split the update to friedcat into two halfs, the first going out today. The list of approved bids, which I am going to sign, is: Code: status,SHARES,BITCOIN ADDRESS,DATE The list of remaining bids will be published later. Please, again, check whether the BTC address is correct. Also I encourage everyone to send me an email address I can report to friedcat, I keep collecting them and will send them to him in a structured format. Also, since I get asked this question often: Yes - you will get the dividend forwarded if the bid is still being processed and hasn't been updated with friedcat record yet. Title: Re: ASICMINER fixed price auction Post by: LtPaxIV on March 04, 2013, 06:31:09 PM finally able to post here yeee
i did sent 10 btc from my address 1zmBSVN7NMysyJbStUC9MDisNegw6SQ7J meaning 7.5 btc for my reserved 15 shares plus 2.5 btc if the 5 other shares should be available https://blockchain.info/de/tx/19a759786450c901ec3a1ff31283e7b7c0ad918a178fb4da5564be0c952e4364 (https://blockchain.info/de/tx/19a759786450c901ec3a1ff31283e7b7c0ad918a178fb4da5564be0c952e4364) username: LtPaxIV thx Title: Re: ASICMINER fixed price auction Post by: qukkM on March 04, 2013, 09:12:12 PM how many shares are remaining?
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 05, 2013, 02:46:22 AM The first update has been sent to friedcat. Below is a blanked out version of the report. The full report also included the forum name, optionally an email address and the transaction ID which was associated with the transfer. The report was signed with the key 1KbAD8KU1u6uw6nHSJEYpdZfgQbNbTAkH2
The auction led to a larger fragmentation than I anticipated. Many were interested in sub $1k investments. I tried to make it as easy as possible for friedcat to incorporate the changes. I recommend that shareholders observe the next planned dividend payment (no date given yet) and check it thoroughly. If you really must validate the transfer with friedcat before the next dividend payment, please wait until he had a chance to go through the changes (e.g. 2 days). Here's a template of a validation request, to make it easier for friedcat to respond to particular queries: ---- Dear friedcat, I am the owner of BTC address XXX. Please confirm that XXX shares are associated with my account. Thank you, XXX ---- Code: FORUM USER ID,SHARES,BITCOIN ADDRESS,DATE Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 05, 2013, 02:58:16 AM Here are the is the current status of the order book:
Code: status,SHARES,BITCOIN ADDRESS,DATE I will send an aggregate reminder to all users which have a pending status. Technically there are some shares left right now, but for the sake of clarity I am not going to offer them. I want to auction to close as soon as possible. Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 05, 2013, 04:29:18 PM quick update:
payments for the bids are slowly coming in. It looks like bids for 85 shares in total are not going to be filled. However, I have bids as a reserve exceeding that. I will wait a few hours before I cancel the bids associated with the 85 shares. After that I'll post another summary update and notify all current bidders. Title: Re: ASICMINER fixed price auction Post by: lduck on March 05, 2013, 05:47:09 PM in case you will not have enough bids for that 85 shares, I would like to buy 20 of them. Or more If I will be able to get more BTC.
Title: Re: ASICMINER fixed price auction Post by: thejestre on March 05, 2013, 06:09:53 PM quick update: Sent you a PM about when I can transfer the 12.5 BTC for 25 shares.payments for the bids are slowly coming in. It looks like bids for 85 shares in total are not going to be filled. However, I have bids as a reserve exceeding that. I will wait a few hours before I cancel the bids associated with the 85 shares. After that I'll post another summary update and notify all current bidders. My BTC address is: 1CCSaG4o5PYMeqvH6D74Fksf9UfLmFVo59 Please confirm we still have a deal before I send the coins. Thank you, _theJestre Title: Re: ASICMINER fixed price auction Post by: Line on March 05, 2013, 09:09:07 PM Thanks for all the hard work Jutarul.
Do you think we'll get in this next round of dividends with the shares we purchased from you? Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 05, 2013, 09:33:58 PM Thanks for all the hard work Jutarul. sure. Do you think we'll get in this next round of dividends with the shares we purchased from you? Title: Re: ASICMINER fixed price auction Post by: thejestre on March 05, 2013, 11:10:58 PM quick update: Sent you a PM about when I can transfer the 12.5 BTC for 25 shares.payments for the bids are slowly coming in. It looks like bids for 85 shares in total are not going to be filled. However, I have bids as a reserve exceeding that. I will wait a few hours before I cancel the bids associated with the 85 shares. After that I'll post another summary update and notify all current bidders. My BTC address is: 1CCSaG4o5PYMeqvH6D74Fksf9UfLmFVo59 Please confirm we still have a deal before I send the coins. Thank you, _theJestre 1CCSaG4o5PYMeqvH6D74Fksf9UfLmFVo59 to 1KbAD8KU1u6uw6nHSJEYpdZfgQbNbTAkH2 for 25 shares of ASICMiner after confirming with Jutarul via PM that those shares were still available to me for that price. I assume there will be one big confirmation once all the shares have been transferred to the buyers? Thank you, _theJestre Title: Re: ASICMINER fixed price auction Post by: luffy on March 06, 2013, 06:09:17 AM so, how long you think it will take to get even (i mean to get the share value of 0.5BTC) from dividents? :)
Title: Re: ASICMINER fixed price auction Post by: tolan77 on March 06, 2013, 07:08:19 AM Are there still shares available to bid on?
Title: Re: ASICMINER fixed price auction Post by: lophie on March 06, 2013, 07:08:52 AM so, how long you think it will take to get even (i mean to get the share value of 0.5BTC) from dividents? :) 10-15 months. My personal estimation Title: Re: ASICMINER fixed price auction Post by: El Cabron on March 06, 2013, 07:32:04 AM so, how long you think it will take to get even (i mean to get the share value of 0.5BTC) from dividents? :) 10-15 months. My personal estimation 6 month to 2 years is my guess. depends on if bfl ships or not. Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 06, 2013, 07:35:35 AM so, how long you think it will take to get even (i mean to get the share value of 0.5BTC) from dividents? :) the good news is that the break even dynamics is mostly unaffected by BTC price. It more ore less depends on the technological evolution of the bitcoin network. Title: Re: ASICMINER fixed price auction Post by: VeeMiner on March 06, 2013, 08:28:46 AM so, how long you think it will take to get even (i mean to get the share value of 0.5BTC) from dividents? :) 10-15 months. My personal estimation 6 month to 2 years is my guess. depends on if bfl ships or not. yep, something like this. The best case scenario is the half year, but that will hardly be true. Bigger question is if the dividends will stop flowing after the 0.1 BTC is paid off. Then the board members can decide if the money will be re-invested in the company and ASICs for home use will be sold or something like that... Title: Re: ASICMINER fixed price auction Post by: luffy on March 06, 2013, 09:09:54 AM well, i was thinking, if the shares can be used to buy ASICMINER rigs, then that will be fine too ;)
Title: Re: ASICMINER fixed price auction Post by: DutchBrat on March 06, 2013, 09:16:36 AM so, how long you think it will take to get even (i mean to get the share value of 0.5BTC) from dividents? :) 10-15 months. My personal estimation 6 month to 2 years is my guess. depends on if bfl ships or not. yep, something like this. The best case scenario is the half year, but that will hardly be true. Bigger question is if the dividends will stop flowing after the 0.1 BTC is paid off. Then the board members can decide if the money will be re-invested in the company and ASICs for home use will be sold or something like that... Friedcat has stated earlier that he thinks 30 - 40 % of the Dividends will be withheld for future development etc.... Don't forget that Friedcat and his friends also get paid by dividends...the 200.000 shares Bitfountain holds.... So I expect a steady stream of weekly dividends Title: Re: ASICMINER fixed price auction Post by: VeeMiner on March 06, 2013, 09:20:02 AM Friedcat has stated earlier that he thinks 30 - 40 % of the Dividends will be withheld for future development etc.... Don't forget that Friedcat and his friends also get paid by dividends...the 200.000 shares Bitfountain holds.... So I expect a steady stream of weekly dividends hopefully yes, I was counting on it while I was buying the extra shares for pretty high prices nowadays. Tomorrow evening will tell us more about what kind of dividends can we expect. I'm also hoping that friedcat will be able to put more hashpower online soon... Title: Re: ASICMINER fixed price auction Post by: 🏰 TradeFortress 🏰 on March 06, 2013, 09:20:38 AM Friedcat has stated earlier that he thinks 30 - 40 % of the Dividends will be withheld for future development etc.... Don't forget that Friedcat and his friends also get paid by dividends...the 200.000 shares Bitfountain holds.... So I expect a steady stream of weekly dividends hopefully yes, I was counting on it while I was buying the extra shares for pretty high prices nowadays. Tomorrow evening will tell us more about what kind of dividends can we expect. I'm also hoping that friedcat will be able to put more hashpower online soon... Title: Re: ASICMINER fixed price auction Post by: dadj on March 06, 2013, 09:24:10 AM Hi Jutarul :)
I am bidding on 60 shares if you still have them available. I just transferred 30 btc to your address 1KbAD8KU1u6uw6nHSJEYpdZfgQbNbTAkH2 This is my address I sent from: https://blockchain.info/address/1FgJyNWcFggJ1qqyHpmTMiw6BdoxF4avwU tx id is https://blockchain.info/tx/ada18bc540b7213a64f028c2f87dd01183c01ba38c48774b9d2f5bef902b8f18 Title: Re: ASICMINER fixed price auction Post by: poly on March 06, 2013, 09:46:35 AM Hi Jutarul :) I don't think there is anymore left. You could always buy the shares from other auctions or from the passthroughs on BitFunder or Btct.co.I am bidding on 60 shares if you still have them available. I just transferred 30 btc to your address 1KbAD8KU1u6uw6nHSJEYpdZfgQbNbTAkH2 This is my address I sent from: https://blockchain.info/address/1FgJyNWcFggJ1qqyHpmTMiw6BdoxF4avwU tx id is https://blockchain.info/tx/ada18bc540b7213a64f028c2f87dd01183c01ba38c48774b9d2f5bef902b8f18 Title: Re: ASICMINER fixed price auction Post by: DutchBrat on March 06, 2013, 09:57:40 AM Friedcat has stated earlier that he thinks 30 - 40 % of the Dividends will be withheld for future development etc.... Don't forget that Friedcat and his friends also get paid by dividends...the 200.000 shares Bitfountain holds.... So I expect a steady stream of weekly dividends hopefully yes, I was counting on it while I was buying the extra shares for pretty high prices nowadays. Tomorrow evening will tell us more about what kind of dividends can we expect. I'm also hoping that friedcat will be able to put more hashpower online soon... Well it is confirmed that Bitfountain, 1 & 2 on OzCoin are also ASICMiner, so 4TH on BTC Guild and 2TH on OzCoin means we are half way there for the first batch Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 06, 2013, 05:42:50 PM Hi Jutarul :) I am sorry. But I still have other bids in reserve. I've put you at the end of the list for 60 shares, but most likely I have to refund you.I am bidding on 60 shares if you still have them available. I just transferred 30 btc to your address 1KbAD8KU1u6uw6nHSJEYpdZfgQbNbTAkH2 This is my address I sent from: https://blockchain.info/address/1FgJyNWcFggJ1qqyHpmTMiw6BdoxF4avwU tx id is https://blockchain.info/tx/ada18bc540b7213a64f028c2f87dd01183c01ba38c48774b9d2f5bef902b8f18 Title: Re: ASICMINER fixed price auction Post by: luffy on March 06, 2013, 07:09:45 PM i am not sure but i think we get our divident today from 115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF
can you confirm? Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 06, 2013, 07:14:24 PM i am not sure but i think we get our divident today from 115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF Yes. I run a full node and the transaction shows up as unconfirmed, which means that it's valid (for now anyway - still not protected against double spends). I suspect what we see here is the beginning of a blockchain congestion, where the time to be included depends on the amount of fee. can you confirm? Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 06, 2013, 07:18:13 PM quick update:
Bidders who got reported with the first batch (https://bitcointalk.org/index.php?topic=148198.msg1583680#msg1583680), please check your satoshi-type confirmation of your share holdings and that the amount of dividend you received is correct. The transaction is still not confirmed (most likely due to missing fees), so treat with care. I also expect all remaining payments to come in today, so I can create the second report. At that time I'll also create a dividend transaction for the second batch, since the report didn't make it into this weeks dividend payment, in case you were wondering about the dividend... Title: Re: ASICMINER fixed price auction Post by: Line on March 06, 2013, 07:21:57 PM I can confirm receipt of payment. Thanks a bunch.
Title: Re: ASICMINER fixed price auction Post by: luffy on March 06, 2013, 07:33:57 PM ...., please check your satoshi-type confirmation of your share holdings and that the amount of dividend you received is correct. ... how do we do that?thank you Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 06, 2013, 07:37:51 PM ...., please check your satoshi-type confirmation of your share holdings and that the amount of dividend you received is correct. ... how do we do that?thank you Look for your BTC address handle. Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 06, 2013, 07:39:21 PM ...., please check your satoshi-type confirmation of your share holdings and that the amount of dividend you received is correct. ... how do we do that?thank you Look for your BTC address handle. Title: Re: ASICMINER fixed price auction Post by: luffy on March 06, 2013, 07:43:49 PM i am also in first report ;)
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 06, 2013, 07:46:56 PM i am also in first report ;) Ah.. yeah.. and there have been a few different transactions to confirm the shares. You're in https://blockchain.info/tx/72a9ec4eab8349937c326310267261553b0db1cfd6dd1e7d9b8f5668e2e881c2And as far as I can tell the number of shares looks correct. Title: Re: ASICMINER fixed price auction Post by: luffy on March 06, 2013, 07:52:24 PM yes, now i understand: 1share=1satoshi
but plz tell me, was this the initial share's value? :o Title: Re: ASICMINER fixed price auction Post by: luffy on March 06, 2013, 07:54:51 PM yes, now i understand: 1share=1satoshi plz ignore my stupid question, total 200.000 shares is impossible to had that value ;Dbut plz tell me, was this the initial share's value? :o Title: Re: ASICMINER fixed price auction Post by: VeeMiner on March 06, 2013, 07:57:35 PM yes, now i understand: 1share=1satoshi plz ignore my stupid question, total 200.000 shares is impossible to had that value ;Dbut plz tell me, was this the initial share's value? :o initial IPO value was 0.1 BTC, now it's sold for 0.6 BTC and more Title: Re: ASICMINER fixed price auction Post by: 🏰 TradeFortress 🏰 on March 06, 2013, 09:11:09 PM quick update: Cool, thanks!Bidders who got reported with the first batch (https://bitcointalk.org/index.php?topic=148198.msg1583680#msg1583680), please check your satoshi-type confirmation of your share holdings and that the amount of dividend you received is correct. The transaction is still not confirmed (most likely due to missing fees), so treat with care. I also expect all remaining payments to come in today, so I can create the second report. At that time I'll also create a dividend transaction for the second batch, since the report didn't make it into this weeks dividend payment, in case you were wondering about the dividend... Title: Re: ASICMINER fixed price auction Post by: 🏰 TradeFortress 🏰 on March 07, 2013, 11:34:30 AM Curious to know when you will forward the dividend payments?
Title: Re: ASICMINER fixed price auction Post by: dadj on March 07, 2013, 12:14:45 PM Hi Jutarul :) I am sorry. But I still have other bids in reserve. I've put you at the end of the list for 60 shares, but most likely I have to refund you.I am bidding on 60 shares if you still have them available. I just transferred 30 btc to your address 1KbAD8KU1u6uw6nHSJEYpdZfgQbNbTAkH2 This is my address I sent from: https://blockchain.info/address/1FgJyNWcFggJ1qqyHpmTMiw6BdoxF4avwU tx id is https://blockchain.info/tx/ada18bc540b7213a64f028c2f87dd01183c01ba38c48774b9d2f5bef902b8f18 Ok thanks, In case of refund please send to the address from whence it came 1FgJyNWcFggJ1qqyHpmTMiw6BdoxF4avwU Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 07, 2013, 05:48:48 PM Curious to know when you will forward the dividend payments? When I will create the second report. Because then the addresses are final.I am still waiting for a user to respond for a bid over 20 shares. If he didn't respond till this evening, I am going to offer the 20 shares to the next one and so on... Title: Re: ASICMINER fixed price auction Post by: luffy on March 07, 2013, 08:35:52 PM i am willing to buy them in order for 2nd report to be sent immediatelly ;)
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 07, 2013, 09:43:53 PM i am willing to buy them in order for 2nd report to be sent immediatelly ;) Working my way through the bidder list. I've put you at the end. There're two in front of you who can claim them if they finalize the payment.Title: Re: ASICMINER fixed price auction Post by: romantic1 on March 08, 2013, 02:24:07 AM quick update: I received 0.1916298 btc for my 10 shares ! Is that correct ? Sorry if this is a stupid question !Bidders who got reported with the first batch (https://bitcointalk.org/index.php?topic=148198.msg1583680#msg1583680), please check your satoshi-type confirmation of your share holdings and that the amount of dividend you received is correct. The transaction is still not confirmed (most likely due to missing fees), so treat with care. I also expect all remaining payments to come in today, so I can create the second report. At that time I'll also create a dividend transaction for the second batch, since the report didn't make it into this weeks dividend payment, in case you were wondering about the dividend... Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 08, 2013, 02:43:15 AM I received 0.1916298 btc for my 10 shares ! Is that correct ? Sorry if this is a stupid question ! yesTitle: Re: ASICMINER fixed price auction Post by: Jutarul on March 08, 2013, 05:17:04 PM The second update has been sent to friedcat. Below is a blanked out version of the report. The full report also included the forum name, optionally an email address and the transaction ID which was associated with the transfer. The report was signed with the key 1KbAD8KU1u6uw6nHSJEYpdZfgQbNbTAkH2
I recommend that shareholders observe the next planned dividend payment (no date given yet) and check it thoroughly. I also sent out the first weeks dividend to all the shareholders included in the second report. If you really must validate the transfer with friedcat before the next dividend payment, please wait until he had a chance to go through the changes (e.g. 2 days). Here's a template of a validation request, to make it easier for friedcat to respond to particular queries: ---- Dear friedcat, I am the owner of BTC address XXX. Please confirm that XXX shares are associated with my account. Thank you, XXX ---- Code: FORUM USER ID,SHARES,BITCOIN ADDRESS,DATE Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 08, 2013, 05:19:44 PM I want to thank all participants and wish a fruit full investment. I apologize for all some of the confusing which was caused by the adhoc style of this auction.
This auction is now officially closed. Title: Re: ASICMINER fixed price auction Post by: luffy on March 08, 2013, 08:44:48 PM thanks Jutarul,
i have received the dividend from second report today! i am always happy to see people with such profesionalism in the BTC world. i wish this forum had a ranking system for such cases! Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 09, 2013, 06:23:50 PM I had a few people asking a question similar to this:
Now that you've sold you're shares, is there a reason why you left the ASICMiner project? First, I want to mention that I didn't leave the ASICMINER project at all. I am still a major stake holder of the company and have a great interest in it prospering. The auction was a way for me to sell 20% equity at a 5x profit to reduce the initial investment risk to zero, basically breaking even with the development risk. However I am still fully exposed to operational risk and benefits like every other shareholder. Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 10, 2013, 12:12:08 AM Someone found an error in my post about:
"I also sent out the first weeks dividend to all the shareholders included in the second report." In fact it was the second weeks dividend which I payed to the shareholders. The first weeks dividend was payed before the auction even started. Title: Re: ASICMINER fixed price auction Post by: Franktank on March 11, 2013, 04:52:36 PM Did you want to sell those 25 shares of ASICMiner? For 0.625/share?
Title: Re: ASICMINER fixed price auction Post by: rudrigorc2 on March 13, 2013, 10:24:33 AM Still have some?
Title: Re: ASICMINER fixed price auction Post by: Jutarul on March 13, 2013, 07:45:18 PM Still have some? Sorry. This auction is closed and I am not selling anymore. |