Bitcoin Forum

Selling some of my direct ASICMINER shares at a price of 2.99BTC per share. Dividends of June 19 2013 will be forwarded. Shares are located at this address: 1Fg2fMyDfSWpChDCNoKZokz1XyybEQtBDM

Proof I own the address and shares:


Address:

Message:

Signature:


Terms:
1) Escrow via John K. is fine with me, but you pay the fees. (It's not needed anyway: I proved I own the shares --> You can prove you sent the payment --> Friedcat controls the shares anyway and will transfer them accordingly). If you want to use John K. as Escrow then just PM him and guide him to this thread.
2) Payment is due in 24 hours after I sent you an address for payment.
3) No minimum quantity needed for purchase. Bigger purchases are encouraged to keep workload low but I don't want to exclude small investors from holding direct shares.
4) I will honor sales via PM.
5) First come first serve.

How does buying ASICMINER shares here work:
1) You tell me how many shares you want (either in this thread or via PM to me)
2) I provide you with an address where you send the bitcoins  (Number of shares X 2.99 BTC)
3) You pay within 24 hours and PM me an address, to which your shares will be linked. Use an address you really control via your wallet, no MT.GOX-address etc.!
4) I contact friedcat to transfer the shares to your address
5) After friedcat linked the shares to your bitcoin address, you own the shares and receive dividends to that address. (No registration on any exchange etc. needed!)

Happy buying :) Please don't panic if it takes some time until I answer your PMs, I'll act as fast as possible.

1 @2.99

I contacted friedcat right now and asked him to confirm that I have enough shares for this auction. He should post here soon, for those not convinced by the message+signature.

115 shares left for sale now. I hope friedcat can confirm fast but I can't guarantee that, the man must be pretty busy. I can guarantee that you'll receive your shares though, I'm not here to scam anyone. (Feel free to use escrow)

1 @ 2.99

payment sent for 3 shares

8 shares for me @ 2.99.

What address do you want me to transfer the funds to?

I assume the June 19 dividends are still included?

Cheers.

For those wondering how to verify an address is linked to a certain amount of shares:

-look up the claimed bitcoin address. In my case: https://blockchain.info/address/1Fg2fMyDfSWpChDCNoKZokz1XyybEQtBDM
-look at the received transactions on Wednesday afternoons (that's when ASICMINER sends the dividends to shareholders) and see if the address received transactions from ASICMINER dividend payments
-in my case: the last received transactions was on 2013-06-12 13:42:11 for 7.9822842 BTC. Last weeks dividends were 0.03628311BTC per share, so that makes 7.9822842 / 0.03628311 = 220 shares on this bitcoin address. Proof of divididend-height: https://bitcointalk.org/index.php?topic=99497.msg2450946#msg2450946. You can do this for other weeks as well, but notice that I didn't always have 220 shares, I bought them over time.
-if you want to, you can look up the origin of the dividend transaction as well (it's all on the blockchain :) ): 1Fg2fMyDfSWpChDCNoKZokz1XyybEQtBDM (my address) <--- 16fuoinLFjBmiCYmCYDXPNfERJtdPB5ASe <--- 115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF <--- 1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i (ASICMINER mining address)
-all that's left is me prooving that I own the claimed bitcoin address. That has been done via a signed message in the OP of this thread.

I agree that it's a bit of a hassle to look these things up. If you don't trust me you can of course wait for friedcat to confirm it himself, absolutely no problem.

I sent you a PM right now. Today's dividends will of course be included :)

PM replied and payment sent.

Thank you

We confirm that 1Fg2fMyDfSWpChDCNoKZokz1XyybEQtBDM is indeed associated with 220 shares.

90 shares left

give me your address
I will buy 17 shares.
thanks.

Hi innovation

Please provide me a bitcoin address to which your shares should be transferred. I will contact friedcat once I received the payment from you and he will then associate your shares with the provided bitcoin address. Friedcat usually transfers the shares within 1 week. Should you miss a dividend although you have already paid, I will of course forward the dividend to you.

Please pay to this address: 1JR7Q9H5uhpCNQP41jRR2jrDRauxG9aubi

Thank you
acayne

I will pay asap.

29.90012345 btc for 10 acisminer direct shares has sent to 1JR7Q9H5uhpCNQP41jRR2jrDRauxG9aubi

transaction ID: b5567e7bdde0ec2381f61f27bec923e202f68a99bba614567b134b73511000b8

my address for 10 acisminer shares is   1EYmdBjwgoUWbyZjza5RpTyjvxvjSPkr1n   .

Thanks.

Received, thanks for following through :)

Today's dividends will be either sent to you by friedcat directly (if the transferring is already done by then) or I will forward them to you.

thanks so much

I think it is a double-win transaction.

Hi acayne,

1 share paid @ 2.99

ecb6814338c2b451560ba89eb4485a9302906bc6276009683c4dd0e109a20a90

Please use below address for dividends payments:

1LeQBdbJprsnE9C9eTBxknRcbegaBcTauy

Cheers,

souspeed

when can we expect the dividends to be forwarded to us?

thanks

I will take 2 shares thanks Please PM me payment address.

dividends were forwarded just now, sorry for the small delay!

I will still forward yesterday's dividends if you buy now and you buy more than 3 shares.

~80 shares left (depending on people following through with their orders)

Hi acayne,

I did not receive any dividends payments, can you please check.
And can you also check if one share has been transfered to my name.

Div address:

1LeQBdbJprsnE9C9eTBxknRcbegaBcTauy

Payment 2.99 for 1 share.

ecb6814338c2b451560ba89eb4485a9302906bc6276009683c4dd0e109a20a90

Hi souspeed

Sorry, I messed up. Sent your dividend right now and rounded up to 0.02 as small compensation. Transfer requests were already sent to friedcat (double checked yours is in there!), we should hear from him soon.

Thanks

Dividend received.
Thanks!

hi,acayne
Where I can see my 10 acisminer shares?
I got 0.18 btc. Is it from the dividend u give to me?

After seeking consult with yuchuanzhen, I understand the related questions.

Thanks.

Glad you could find answers to these question. In case anybody else is wondering:

You can't actually see that you hold direct ASICMINER shares. Friedcat just has some kind of database where bitcoin addresses and the correspondending number of shares are saved. Makes the whole process pretty anonymous and all you see are dividends coming in every Wednesday directly into your wallet.

How do we know that the share ownership has been transferred?

how much is paid each wednesday per share?

Do you get email confirmation from friedcat that ownership has been transferred to you?

He normally replies to the auctioneers email, and copies you.

And we use to get satoshi confirmations on the number of shares held. This was very useful. Now it is suspended due to being lower than transaction fee.

However, looking at the blockchain for your delivery address on Wednesday/Thursday morning usually confirms all is well.

2@2.99

I'd like to buy about 50 of these. Had anyone gotten confirmation of share transfer from acayne yet?

You look trustworthy my friend, but verification is always better. :)

2 share paid @ 2.99

5.98BTC have pay to 1BWsHdmKMrTFDGxJTLAWYDvv3xsmUuU1nE

d8664df3a846a6829c2698367efab6883d3be1ac0ec11b101154970b736ae7ec

Please use below address for dividends payments:

1KSh7pFSyJbuUovsU6MZ2zzNB6sHNLkKJT

You'll receive an email or a PM on this forum once he has executed the transfers. I forward the transfer requests to him like this (usernames/addresses censored for privacy):



Unfortunately I haven't received confirmation of transfers from friedcat yet. I didn't want to bother him with single transfer requests, had to wait for some payments and the "transfer-request-batch" was sent to him last night. We will surely hear from him soon. It's of course understandable you want to be absolutely sure about your investment :) But please also notice that I absolutely can't scam anyone here with friedcat having controle over the shares anyway.


It depends on how much hardware the company sold within the week and how many coins they mined themselves. Dividends of the last 6 weeks per share:

2013-06-19    ฿0.01810108
2013-06-13    ฿0.03628311
2013-06-06    ฿0.03814688
2013-05-30    ฿0.02653753
2013-05-23    ฿0.02084164
2013-05-15    ฿0.03622410

I suggest reading this thread before investing (I know it's 400 pages with lots of irrelevant posts, but the useful information is worth the time): https://bitcointalk.org/index.php?topic=99497.0

Thanks @ gambitv for clearing up some things as well :)

You can if that address is not, in fact, yours. :)

Yeah, that's a good thought :) But that's why I signed a message in the OP of this thread with the address containing the shares ;) You can only sign a message with a given address if you indeed own it/own the private key to it.

Can you elaborate on this please?

Received and noted, thanks for following through! Will forward the transfer request to friedcat shortly. Either in no later than 24 hours or sooner if I can collect more transfer requests until then.

Yeah, sure:

(I'll try to explain it in simple terms, please don't ask me about the specific math/cryptography behind it :) )

-A bitcoin address is more or less a public key of an asymmetric crypto-system.
-A wallet can be seen as the private key of this crypto-system.
-To generate a signature you need to have a whole pair (public AND private key). Same as if you want to send some bitcoins that lie on a bitcoin address!
-The generated signature is unique for one public key and the message that was signed (e.g. for one bitcoin address and a message)
-Anyone can verify whether message, signature and public key fit together WITHOUT having the private key

In the OP of this thread you'll find the bitcoin address containing the shares, a message and a signature. I wrote the message (made sure I wrote my nickname in it. Otherwise anyone else could take message+address+signature and say it was his^^) and signed it with the shares-address via my wallet. No one else could have generated that signature because no one else has the private key to my wallet. You can now open your bitcoin client and verifiy if address+message+signature fit together and thereby verify that the address is controled by user "acayne".

Hard stuff to explain, I hope I found the right words.

I don't see the message here:
https://blockchain.info/address/1Fg2fMyDfSWpChDCNoKZokz1XyybEQtBDM

Where do I look?

First post of this thread:

Where do I see the message in the blockchain?

Nowhere, I didn't write it into the blockchain. What's the point?

You could also give me a bitcoin address of yourself and I could send you a small transaction from that address, which would prove as well I own it.

All transfer requests have been forwarded to friedcat and the auction is now closed.

Thanks to everyone following through :)

No, thank you for breaking my AM shares virginity :)

So I guess I didn't understand - where does that message appear?

Youn can check if it is valid in your bitcoin-qt wallet.

Check the vid for signed messages.

http://www.youtube.com/watch?v=3oxM9_OCQKM (http://www.youtube.com/watch?v=3oxM9_OCQKM)

10@2.99 if still avaible.thanks

10 @ 2.99 if still available

40 @ 2.99 if shares still available.

6 @ 2.99 for 17.94 BTC please

1 @ 2.99 if still available please.

how many left?

Auction has closed....Check post #49.

Received confirmation from friedcat...Thank you acayne.

3 @ 2.99 for me please. Thx

sorry. missed the auction closed sign...

How many shares are now available?