Bitcoin Forum

Economy => Securities => Topic started by: Namworld on February 02, 2013, 11:09:15 AM



Title: ASICMINER shares for sale
Post by: Namworld on February 02, 2013, 11:09:15 AM
Quote
Auction created: https://bitcointalk.org/index.php?topic=141067.0 (https://bitcointalk.org/index.php?topic=141067.0)

Hello,

I have 696 ASICMINER, wondering who would be interested in buying them and for how much. Feel free to bid away/PM me.

Regards.


Edit: Dividends would be forwarded and then shares forwarded once ASICMINER release their private trading platform for ASICMINER shares.


Title: Re: ASICMINER shares for sale
Post by: iCEBREAKER on February 03, 2013, 12:03:53 AM
I'm interested, but...

Do these trade on an exchange?

If not, how are the shares represented/validated/transferred?


Title: Re: ASICMINER shares for sale
Post by: rxw on February 03, 2013, 01:49:49 AM
I'm interested, but...

Do these trade on an exchange?

If not, how are the shares represented/validated/transferred?

They are temporarily not on an exchange due to GLBSE closing, but they should be back on an exchange in the coming weeks. AFAIK, the head of operations of ASICMINER will not honor any sales between shareholders, so buying/selling is currently on hold.


Title: Re: ASICMINER shares for sale
Post by: iCEBREAKER on February 03, 2013, 02:03:14 AM
That's what I figured.  Lame.

The only way I could have gotten some ASICMINER would have been to use GBLSE and go through all the associated drama/FUD/waiting.  Double Lame.


Title: Re: ASICMINER shares for sale
Post by: Namworld on February 03, 2013, 02:04:36 AM
I've updated the op post.


Title: Re: ASICMINER shares for sale
Post by: Deprived on February 03, 2013, 02:10:36 AM
That's what I figured.  Lame.

The only way I could have gotten some ASICMINER would have been to use GBLSE and go through all the associated drama/FUD/waiting.  Double Lame.

Well there's definitely an intention that they'll be listed on a private exchange before the first dividends are paid on them.  So you have three ways to trade at present depending on what level of trust the two parties have in one another:

1.  Noone sends anything now, but both commit to the trade later.
2.  Buyer sends cash now, seller promises to transfer the shares as soon as they're tradable.
3.  Seller promises to transfer shares soon as they're tradable, Buyer lodges cash with an escrow (that both accept).

I'd guess namworld would want #2 unless the price being paid was ridiculously high - as he has a good reputation and the only advantage of selling now is either to get a very high price OR to get use of the cash now.  Cash right now CAN be worth a lot more than cash in a few weeks time.


Title: Re: ASICMINER shares for sale
Post by: MPOE-PR on February 03, 2013, 09:41:29 AM
1.  Noone sends anything now, but both commit to the trade later.

Seems like both parties signing a properly-worded GPG contract is sufficient in any case.


Title: Re: ASICMINER shares for sale
Post by: Namworld on February 03, 2013, 09:47:09 AM
1.  Noone sends anything now, but both commit to the trade later.

Seems like both parties signing a properly-worded GPG contract is sufficient in any case.

I would indeed favor that method.


Title: Re: ASICMINER shares for sale
Post by: ineededausername on February 03, 2013, 02:43:51 PM
You might have better luck in the Auctions forum; usagi sold some shares at a nice price over there.


Title: Re: ASICMINER shares for sale
Post by: Namworld on February 04, 2013, 04:46:26 AM
Not a bad idea. I have done so.

https://bitcointalk.org/index.php?topic=141067.0 (https://bitcointalk.org/index.php?topic=141067.0)