Bitcoin Forum

Economy => Auctions => Topic started by: justanickname on October 27, 2013, 11:02:21 PM



Title: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on October 27, 2013, 11:02:21 PM
I am part of a 27 KNC Jupiters group buy: https://bitcointalk.org/index.php?topic=244042.0

I own 50 shares which equals to 20% of 1 Jupiter. (around 105 GH/s total);

Each week I will receive dividends for my shares and lower my asking price accordingly.

You can buy some of the shares or all of them.
Regardless of how many shares you buy, you need to pay an extra 0.1 BTC fee for transferring
the ownership of the shares from me to you (this is the group buy managers requirement).

If someone bids, I will wait 3 days for others to bid a higher price than the first bidder (0.01BTC minimum increment per share).
So this is actually turns to a regular auction for 3 days if someone bids. After 3 days if there are any shares left I will continue
to lower the price each week.

This week Ask is:
13.5BTC for 50 shares.
0.27BTC for 1 share.


Have a good week!




Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: furuknap on October 28, 2013, 04:08:10 PM

This week Ask is:
13.5BTC for 50 shares.
0.27BTC for 1 share.


Have a good week!


http://mining.thegenesisblock.com/a/9b03e52b58

At BTC3 these shares will break even. I bid BTC3 for the whole lot, valid 24 hours only.

.b


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: ishkur on October 28, 2013, 04:23:45 PM

This week Ask is:
13.5BTC for 50 shares.
0.27BTC for 1 share.


Have a good week!


http://mining.thegenesisblock.com/a/9b03e52b58

At BTC3 these shares will break even. I bid BTC3 for the whole lot, valid 24 hours only.

.b

3BTC is to generous.  ROI is a thin line and not until May



Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on October 29, 2013, 05:32:13 AM
I orignally payed 15B for the shares (in June) and I got 1.5B from divdiends so far.
If I sell it now for 3B I loss 10.5B.
So 13.5B is the minimum price I can offer.
Next week after I receive the weekly dividends I can lower my bid to a new minimum.
This is what this auction is all about.


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: furuknap on October 29, 2013, 05:35:14 AM
I orignally payed 15B for the shares (in June) and I got 1.5B from divdiends so far.
If I sell it now for 3B I loss 10.5B.
So 13.5B is the minimum price I can offer.
Next week after I receive the weekly dividends I can lower my bid to a new minimum.
This is what this auction is all about.

Next week, my bid will be maximum 1.5BTC. What you paid for them is irrelevant; whether someone can make money on buying them off you is relevant. Over 3BTC, they cannot.

.b


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on October 29, 2013, 06:02:03 AM

Next week, my bid will be maximum 1.5BTC. What you paid for them is irrelevant; whether someone can make money on buying them off you is relevant. Over 3BTC, they cannot.

.b

I agree that it is irrelevant. I just wanted to explain my ask price.


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: ishkur on October 29, 2013, 02:42:17 PM

Next week, my bid will be maximum 1.5BTC. What you paid for them is irrelevant; whether someone can make money on buying them off you is relevant. Over 3BTC, they cannot.

.b

I agree that it is irrelevant. I just wanted to explain my ask price.

Your better off holding the shares unless you can find someone stupid enough who can't calculate


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on October 30, 2013, 06:12:26 AM


Your better off holding the shares unless you can find someone stupid enough who can't calculate

I am holding the shares. My ask price reflects the amount of BTC I need to ROI.


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: furuknap on October 30, 2013, 06:19:26 AM
I am holding the shares. My ask price reflects the amount of BTC I need to ROI.

You won't ROI on these shares unless you find someone who is willing to take the loss for you, essentially to give you money for nothing.

You have lost most of your investment already, so you should accept that. You can cut further losses by selling at what the market is willing to bid. You can hold on hoping that for some reason, a huge portion of the miners decide to stop mining. You can pray that some miracle happens. You have, however, with almost certain odds, lost most of you money.

You're essentially begging someone to give you back that money. I'm not sure that works, but hey, you may get lucky. In the meantime, my offer is now BTC1.5 for the whole thing.

.b


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on October 30, 2013, 10:04:10 PM
You won't ROI on these shares unless you find someone who is willing to take the loss for you, essentially to give you money for nothing.

You have lost most of your investment already, so you should accept that. You can cut further losses by selling at what the market is willing to bid. You can hold on hoping that for some reason, a huge portion of the miners decide to stop mining. You can pray that some miracle happens. You have, however, with almost certain odds, lost most of you money.

You're essentially begging someone to give you back that money. I'm not sure that works, but hey, you may get lucky. In the meantime, my offer is now BTC1.5 for the whole thing.

.b

I think you treat this thread the wrong way.
Obviously, after what have happened in the past 2 months and what is expected in the coming few months, my current ask is too high.
My intention is to lower my ask each week and maybe things will not turn as expected, and the difficulty will not skyrocket as we all think.
Then, maybe my shares will be cheap enough to get someone's attention.

If not, everyone could just observe the performance of my group buy miners :)






Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on November 03, 2013, 08:40:22 PM

This week dividend was  0.8 BTC.

Dividends so far:
date                              dividend
till Oct 27                       1.5BTC
from Oct 27 till Nov 3        0.8BTC

Total dividends so far: 2.3 BTC.

This week Ask is:
12.7BTC for 50 shares.
0.254BTC for 1 share.


Have a good week!




Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on November 10, 2013, 08:25:16 PM
This week dividend was  0.65 BTC.

Dividends so far:
date                              dividend
till Oct 27                       1.5BTC
from Oct 27 till Nov 3        0.8BTC
from Nov 3 till Nov 10        0.65BTC

Total dividends so far: 2.95BTC.

This week Ask is:
12.05BTC for 50 shares (around 105 GH/s )
0.241BTC for 1 share

Have a good week!




Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: furuknap on November 11, 2013, 06:28:43 AM
This week dividend was  0.65 BTC.

Dividends so far:
date                              dividend
till Oct 27                       1.5BTC
from Oct 27 till Nov 3        0.8BTC
from Nov 3 till Nov 10        0.65BTC

Total dividends so far: 2.95BTC.

This week Ask is:
12.05BTC for 50 shares (around 105 GH/s )
0.241BTC for 1 share

Have a good week!

If you're just going to keep track of your output, there are calculators that do that for you so you don't have to waste time.

I'll bid 2.2 this week.

.b


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on November 11, 2013, 04:13:01 PM


If you're just going to keep track of your output, there are calculators that do that for you so you don't have to waste time.

I'll bid 2.2 this week.

.b

Thanks for your bid but I am not accepting it. ( yet :) )




Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on November 17, 2013, 08:44:30 PM
This week dividend was  0.79 BTC.

Dividends so far:
date                                    dividend
till Oct 27                             1.5BTC
from Oct 27 till Nov 3              0.8BTC
from Nov 3 till Nov 10              0.65BTC
from Nov 10 till Nov 17            0.79BTC

Total dividends so far: 3.74BTC.

This week Ask is:
11.26BTC for 50 shares (around 105 GH/s )
0.2252BTC for 1 share

Have a good week!

P.S. Yes, dividends this week were higher than last week.



Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on November 24, 2013, 12:27:33 PM
This week dividend was  0.5 BTC. Actually it should have been around 0.6BTC but some of the bitcoins are still "stuck" in the mining pool. They will be payed in the next dividend next week.

Dividends so far:
date                                    dividend
till Oct 27                             1.5BTC
from Oct 27 till Nov 3              0.8BTC
from Nov 3 till Nov 10              0.65BTC
from Nov 10 till Nov 17            0.79BTC
from Nov 17 till Nov 24            0.5BTC

Total dividends so far: 4.24BTC.

This week Ask is:
10.76BTC for 50 shares (around 105 GH/s )
0.2152BTC for 1 share

Have a good week!






Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: bclcjunkie on November 25, 2013, 09:41:05 AM
You may want to consider his advice especially when your dividends are getting lower and lower... ;D lol



If you're just going to keep track of your output, there are calculators that do that for you so you don't have to waste time.

I'll bid 2.2 this week.

.b

Thanks for your bid but I am not accepting it. ( yet :) )





Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: damiano on November 25, 2013, 03:26:17 PM
WOW

Almost $10,000 for 100gh

To funny at this point

CEX.io is a way better deal at this point


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: Vanderi on November 25, 2013, 04:17:09 PM
WOW

Almost $10,000 for 100gh

To funny at this point

CEX.io is a way better deal at this point

Funny how a dutch auction starts high and goes downward. Ha Ha.


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: furuknap on November 25, 2013, 06:30:54 PM
My bid this week is BTC2. It is relatively slightly higher because rise in difficulty has been slightly lower.

So far, you've lost 1BTC in bid value, or 30% of the first bid. With the upcoming second batch of KnC, CTs, and others coming up, I'm not going to keep my bids as high as I have.

I'm guessing that with the increased BTC price, you've lost around $5000 compared to selling earlier and holding coin. Of course, you're the stubborn one who thinks someone will pay 40x the current market price for your shares, and that is your prerogative.

.b


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: soothaa on November 25, 2013, 08:49:36 PM
This thread has me laughing so hard. Subb'd.

Oh, I bid 1BTC for remaining shares.


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on November 25, 2013, 09:01:33 PM
So far, you've lost 1BTC in bid value, or 30% of the first bid.


What? I lost? I dont think so! During this time I have lost 1BTC of your bid but minded more than 1BTC for keeping the shares:

From the time of your first bid of 3BTC I have already minded 2.74BTC.
From the time of your second bid of 2.2BTC I have already minded 1.29 BTC.

So far your bids were too low, and I did the right thing to not accept them.
Your current BID of 2 BTC is sill low IMO, becuase I think I will mine more than 2BTC.

Thank you for your bid!




Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on November 25, 2013, 09:02:37 PM
This thread has me laughing so hard. Subb'd.

Oh, I bid 1BTC for remaining shares.

Glad you enjoy it! :)
Sorry your bid is too low because I will mine more than 1BTC.


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on December 02, 2013, 10:27:40 PM
This week dividend was  0.71 BTC.

Dividends so far:
date                                    dividend
till Oct 27                             1.5BTC
from Oct 27 till Nov 3              0.8BTC
from Nov 3 till Nov 10              0.65BTC
from Nov 10 till Nov 17            0.79BTC
from Nov 17 till Nov 24            0.5BTC
from Nov 24 till Dec 1              0.71BTC

Total dividends so far: 4.95BTC.

This week Ask is:
10.05BTC for 50 shares (around 105 GH/s )
0.201BTC for 1 share

Have a good week!




Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: soothaa on December 03, 2013, 04:55:37 AM
.75


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: Martijnvdc on December 03, 2013, 06:33:29 AM
I don't understand... Why would people buy this? You'll just lose money!


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on December 03, 2013, 10:32:47 AM
I don't understand... Why would people buy this? You'll just lose money!

Of course my ask is high currently, but it decreases every week and maybe in time it will be more realistic, if some companies will not deliver on time.
I am willing to consider lower bids, but till now all offered bids ridiculously low.
You can look at this thread and see that till now I was right not to accept those bids because I minded more than what was offered,
and I am still mining.

here is an example of a bid that I am not accepting:
.75
no thanks :)


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: soothaa on December 03, 2013, 06:39:09 PM
I don't understand... Why would people buy this? You'll just lose money!
Read the previous posts. Basically this guy is a tool and trying to get out of his bad decision by bumming it off onto someone else.


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: nairb131 on December 03, 2013, 10:31:51 PM
I will bid 1.5BTC


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: nairb131 on December 03, 2013, 10:52:07 PM
Let me explain my bid also before you deny it. I realize this isn't in BTC but bear with me. You paid ~$2000 at most for these shares and you have gotten ~$5000 from them. You in essence have reached your ROI because in all fiats BTC are worth about ten times what they were. With new machines coming to market I expect to gain ~2BTC from this invest. These seems like a good deal for you. You pull away with almost four times your investment (purchasing power of BTC are ten times more powerful) and I also gain something.


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: bitpop on December 04, 2013, 03:37:36 PM
.25


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: maqifrnswa on December 04, 2013, 06:09:57 PM
you may want to update:
https://bitcointalk.org/index.php?topic=328135.20

and also note that the current market value is ~0.0013/ADDICTION share which is 0.13 per miner share from your group buy (1 GB share = 100 Addiction shares)


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: bitpop on December 04, 2013, 06:43:25 PM
Who the hell does a reverse auction


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on December 04, 2013, 10:48:51 PM
Let me explain my bid also before you deny it. I realize this isn't in BTC but bear with me. You paid ~$2000 at most for these shares and you have gotten ~$5000 from them. You in essence have reached your ROI because in all fiats BTC are worth about ten times what they were. With new machines coming to market I expect to gain ~2BTC from this invest. These seems like a good deal for you. You pull away with almost four times your investment (purchasing power of BTC are ten times more powerful) and I also gain something.

Hey, thanks but I don't accept your bid because I think I will mine  more than 2BTC in the future.
I just earned 0.7BTC last week and I believe that I have already minded around 0.3BTC this week and there are 4 days left.
1.5BTC is just too low sorry.




Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on December 04, 2013, 10:51:58 PM
Who the hell does a reverse auction

I do this because difficulty goes up so the shares worth less and less each week.


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on December 04, 2013, 10:58:20 PM
you may want to update:
https://bitcointalk.org/index.php?topic=328135.20

and also note that the current market value is ~0.0013/ADDICTION share which is 0.13 per miner share from your group buy (1 GB share = 100 Addiction shares)

I dont see where you get your numbers from. Each share here is around 2GB and equals 50 Addiction shares.(assuming jupiter is 525GB ).


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: maqifrnswa on December 05, 2013, 02:59:13 AM
Your link on the first post:
https://bitcointalk.org/index.php?topic=244042.0

Quote
4. We have increased original forum share value from 1 to 100 ADDICTION shares. So for each original forum based share, you will be issued 100 ADDICTION shares.


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on December 05, 2013, 03:09:52 PM
Your link on the first post:
https://bitcointalk.org/index.php?topic=244042.0

Quote
4. We have increased original forum share value from 1 to 100 ADDICTION shares. So for each original forum based share, you will be issued 100 ADDICTION shares.

according to this list I have 2500 addiction shares:
http://pastebin.com/NLg7Pe2t
you say I got 5000?


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: Inedible on December 05, 2013, 03:18:01 PM
This week dividend was  0.71 BTC.

Dividends so far:
date                                    dividend
till Oct 27                             1.5BTC
from Oct 27 till Nov 3              0.8BTC
from Nov 3 till Nov 10              0.65BTC
from Nov 10 till Nov 17            0.79BTC
from Nov 17 till Nov 24            0.5BTC
from Nov 24 till Dec 1              0.71BTC

Total dividends so far: 4.95BTC.

This week Ask is:
10.05BTC for 50 shares (around 105 GH/s )
0.201BTC for 1 share

Have a good week!




It's quite interesting watching all this go on. Who knows, with any luck, in 30-40 weeks you might have recouped your Bitcoin cost.


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on December 06, 2013, 07:43:18 AM


It's quite interesting watching all this go on. Who knows, with any luck, in 30-40 weeks you might have recouped your Bitcoin cost.

I also thought it would be interesting for people to follow. Finally someone takes this thread in the right spirit!


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: maqifrnswa on December 07, 2013, 01:27:20 AM
Your link on the first post:
https://bitcointalk.org/index.php?topic=244042.0

Quote
4. We have increased original forum share value from 1 to 100 ADDICTION shares. So for each original forum based share, you will be issued 100 ADDICTION shares.

according to this list I have 2500 addiction shares:
http://pastebin.com/NLg7Pe2t
you say I got 5000?

I'm saying your using the wrong link. You are probably GB2 or 3:
https://bitcointalk.org/index.php?topic=255729

It is expected that the second batch will also run at 400GH which would mean for every share you'd receive 50 ADDICTION shares, regardless of the actual price at that time.


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on December 07, 2013, 06:07:46 AM
Your link on the first post:
https://bitcointalk.org/index.php?topic=244042.0

Quote
4. We have increased original forum share value from 1 to 100 ADDICTION shares. So for each original forum based share, you will be issued 100 ADDICTION shares.

according to this list I have 2500 addiction shares:
http://pastebin.com/NLg7Pe2t
you say I got 5000?

I'm saying your using the wrong link. You are probably GB2 or 3:
https://bitcointalk.org/index.php?topic=255729

It is expected that the second batch will also run at 400GH which would mean for every share you'd receive 50 ADDICTION shares, regardless of the actual price at that time.

Got it Thanks! too bad I can't edit. I will mention it in my next posts.


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on December 08, 2013, 02:21:41 PM

This week dividend was  0.46 BTC (another 0.1 BTC already minded, still in the pool will be paid in next week dividends).

Dividends so far:
date                                    dividend
till Oct 27                             1.5BTC
from Oct 27 till Nov 3              0.8BTC
from Nov 3 till Nov 10              0.65BTC
from Nov 10 till Nov 17            0.79BTC
from Nov 17 till Nov 24            0.5BTC
from Nov 24 till Dec 1              0.71BTC
from Dec 1 till Dec 8               0.46BTC

Total dividends so far: 5.41BTC.

This week Ask is:
9.59BTC for 50 shares (around 105 GH/s , equals 2500 Addiction shares)
0.1918BTC for 1 share (around 2.1 GH/s , equals 50 Addiction shares)

Have a good week!





Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: furuknap on December 09, 2013, 04:27:27 PM
Or, buy 100% of a Jupiter for about the same price.

.b


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: soothaa on December 09, 2013, 08:23:36 PM
Or, buy 100% of a Jupiter for about the same price.

.b
Shhhh don't do the math or apply logic!!!


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on December 15, 2013, 08:02:22 PM

This week dividend was  0.51 BTC ( 0.1 BTC from 2 weeks ago +0.41BTC  which were minded last week ).

Dividends so far:
date                                    dividend
till Oct 27                             1.5BTC
from Oct 27 till Nov 3              0.8BTC
from Nov 3 till Nov 10              0.65BTC
from Nov 10 till Nov 17            0.79BTC
from Nov 17 till Nov 24            0.5BTC
from Nov 24 till Dec 1              0.71BTC
from Dec 1 till Dec 8               0.46BTC
from Dec 8 till Dec 15              0.51 BTC
Total dividends so far: 5.92BTC.

This week's Ask is:
9.08BTC for 50 shares (around 105 GH/s , equals 2500 Addiction shares)
0.1816BTC for 1 share (around 2.1 GH/s , equals 50 Addiction shares)

Have a good week!




[/quote]


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: soothaa on December 16, 2013, 02:25:09 AM
Just reminding any of the newcomers that this as close as you can get to being a scam while remaining legal on the site.


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on December 16, 2013, 08:04:12 PM
Just reminding any of the newcomers that this as close as you can get to being a scam while remaining legal on the site.
Thanks for bumping my thread!  :P see you next week when you'll try to save everyone from me again


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: nottm28 on December 21, 2013, 10:05:16 PM

This week dividend was  0.51 BTC ( 0.1 BTC from 2 weeks ago +0.41BTC  which were minded last week ).

Dividends so far:
date                                    dividend
till Oct 27                             1.5BTC
from Oct 27 till Nov 3              0.8BTC
from Nov 3 till Nov 10              0.65BTC
from Nov 10 till Nov 17            0.79BTC
from Nov 17 till Nov 24            0.5BTC
from Nov 24 till Dec 1              0.71BTC
from Dec 1 till Dec 8               0.46BTC
from Dec 8 till Dec 15              0.51 BTC
Total dividends so far: 5.92BTC.

This week's Ask is:
9.08BTC for 50 shares (around 105 GH/s , equals 2500 Addiction shares)
0.1816BTC for 1 share (around 2.1 GH/s , equals 50 Addiction shares)

Have a good week!




[/quote]

I too am finding this quite interesting - what do you think you'll end up with in BTC? (assuming no-one buys the shares and you continue mining till say March)


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: soothaa on December 21, 2013, 10:30:33 PM
I too am finding this quite interesting - what do you think you'll end up with in BTC? (assuming no-one buys the shares and you continue mining till say March)
Considering the difficulty just jumped another 30%, he'll be extremely lucky to gather another whole BTC by march.


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on December 22, 2013, 08:10:45 AM

This week dividend was  0.51 BTC ( 0.1 BTC from 2 weeks ago +0.41BTC  which were minded last week ).

Dividends so far:
date                                    dividend
till Oct 27                             1.5BTC
from Oct 27 till Nov 3              0.8BTC
from Nov 3 till Nov 10              0.65BTC
from Nov 10 till Nov 17            0.79BTC
from Nov 17 till Nov 24            0.5BTC
from Nov 24 till Dec 1              0.71BTC
from Dec 1 till Dec 8               0.46BTC
from Dec 8 till Dec 15              0.51 BTC
Total dividends so far: 5.92BTC.

This week's Ask is:
9.08BTC for 50 shares (around 105 GH/s , equals 2500 Addiction shares)
0.1816BTC for 1 share (around 2.1 GH/s , equals 50 Addiction shares)

Have a good week!






I too am finding this quite interesting - what do you think you'll end up with in BTC? (assuming no-one buys the shares and you continue mining till say March)

I have no idea.... 10BTC alltogther will not be a surprise. this week's dividend will be around 0.4BTC I think. I will update later today.

 


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on December 22, 2013, 10:00:36 PM


This week dividend was  0.37 BTC

Dividends so far:
date                                    dividend
till Oct 27                             1.5BTC
from Oct 27 till Nov 3              0.8BTC
from Nov 3 till Nov 10              0.65BTC
from Nov 10 till Nov 17            0.79BTC
from Nov 17 till Nov 24            0.5BTC
from Nov 24 till Dec 1              0.71BTC
from Dec 1 till Dec 8               0.46BTC
from Dec 8 till Dec 15              0.51 BTC
from Dec 8 till Dec 15              0.37 BTC
Total dividends so far: 6.29BTC.

This week's Ask is:
8.71BTC for 50 shares (around 105 GH/s , equals 2500 Addiction shares)
0.1742BTC for 1 share (around 2.1 GH/s , equals 50 Addiction shares)

Have a good week!





Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: bclcjunkie on December 23, 2013, 05:05:35 AM
good for you, now dude do us a favor open a blog and start updating it there because over here no one gives a shit about your dividends...



This week dividend was  0.37 BTC

Dividends so far:
date                                    dividend
till Oct 27                             1.5BTC
from Oct 27 till Nov 3              0.8BTC
from Nov 3 till Nov 10              0.65BTC
from Nov 10 till Nov 17            0.79BTC
from Nov 17 till Nov 24            0.5BTC
from Nov 24 till Dec 1              0.71BTC
from Dec 1 till Dec 8               0.46BTC
from Dec 8 till Dec 15              0.51 BTC
from Dec 8 till Dec 15              0.37 BTC
Total dividends so far: 6.29BTC.

This week's Ask is:
8.71BTC for 50 shares (around 105 GH/s , equals 2500 Addiction shares)
0.1742BTC for 1 share (around 2.1 GH/s , equals 50 Addiction shares)

Have a good week!






Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: nottm28 on December 23, 2013, 09:31:53 PM

This week dividend was  0.37 BTC


Hmm, why are your dividends so low - 105GH/s should be creating 0.1923 BTC per 24 hours (according to 50btc). You weekly divi should be well over 1 BTC - how much are you paying for hosting?


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on December 23, 2013, 09:48:23 PM
I

This week dividend was  0.37 BTC


Hmm, why are your dividends so low - 105GH/s should be creating 0.1923 BTC per 24 hours (according to 50btc). You weekly divi should be well over 1 BTC - how much are you paying for hosting?

heh I wish! I have no idea how did you end up with this number but it is way off.
Try for instance this calculator http://www.alloscomp.com/bitcoin/calculator
Anyway, hosting cost this week were  3.191489362BTC





Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: nottm28 on December 23, 2013, 10:38:03 PM
I

This week dividend was  0.37 BTC


Hmm, why are your dividends so low - 105GH/s should be creating 0.1923 BTC per 24 hours (according to 50btc). You weekly divi should be well over 1 BTC - how much are you paying for hosting?

heh I wish! I have no idea how did you end up with this number but it is way off.
Try for instance this calculator http://www.alloscomp.com/bitcoin/calculator
Anyway, hosting cost this week were  3.191489362BTC


Well http://50btc.com is a pretty big player and they have an income calculator on their main page - I enter 105000 MH/s (105 GH/s) and it says that PPS earnings should be greater than 0.19 per day. Simple as that.

I checked with other sites too and you should definitely be getting more than 0.37 BTC per week for 105 GH/s - even with the recent 30% difficulty increase.

Just curious - looks like your not getting a good deal on your shares my friend.


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: nottm28 on December 23, 2013, 10:50:22 PM
I

This week dividend was  0.37 BTC


Hmm, why are your dividends so low - 105GH/s should be creating 0.1923 BTC per 24 hours (according to 50btc). You weekly divi should be well over 1 BTC - how much are you paying for hosting?

heh I wish! I have no idea how did you end up with this number but it is way off.
Try for instance this calculator http://www.alloscomp.com/bitcoin/calculator
Anyway, hosting cost this week were  3.191489362BTC


Well http://50btc.com is a pretty big player and they have an income calculator on their main page - I enter 105000 MH/s (105 GH/s) and it says that PPS earnings should be greater than 0.19 per day. Simple as that.

I checked with other sites too and you should definitely be getting more than 0.37 BTC per week for 105 GH/s - even with the recent 30% difficulty increase.

Just curious - looks like your not getting a good deal on your shares my friend.


Hmm maybe their site need is broken. Good job I didn't take their info on face value :)


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: joeventura on December 24, 2013, 12:22:50 AM
This thread was funny at first, now its just tragic


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: giletto on December 24, 2013, 04:40:07 AM
So much ignorance around...now i understand why so many miner are 200-300% overpriced at ebay...

http://bitcoinwisdom.com/bitcoin/difficulty

As you can see easy, 1 week bring a average of 0.313BTC from 105GH/s.

1 day 0.19 :D I lol'd hard.


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: Inedible on December 25, 2013, 07:52:01 PM
Another bump for you OP.

Keep us updated ;)


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on December 27, 2013, 10:19:05 PM
Another bump for you OP.

Keep us updated ;)

Will do! every Sunday after I get the weekly dividend


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on December 29, 2013, 11:04:19 PM

This week dividend was  0.29 BTC

Dividends so far:
date                                    dividend
till Oct 27                             1.5BTC
from Oct 27 till Nov 3              0.8BTC
from Nov 3 till Nov 10              0.65BTC
from Nov 10 till Nov 17            0.79BTC
from Nov 17 till Nov 24            0.5BTC
from Nov 24 till Dec 1              0.71BTC
from Dec 1 till Dec 8               0.46BTC
from Dec 8 till Dec 15              0.51 BTC
from Dec 15 till Dec 22            0.37 BTC
from Dec 15 till Dec 22            0.29 BTC
Total dividends so far: 6.58BTC.

This week's Ask is:
8.42BTC for 50 shares (around 105 GH/s , equals 2500 Addiction shares)
0.1684BTC for 1 share (around 2.1 GH/s , equals 50 Addiction shares)

Have a good week!



Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on December 29, 2013, 11:10:56 PM
(posting this again becuase of a date misspell)

This week dividend was  0.29 BTC

Dividends so far:
date                                    dividend
till Oct 27                             1.5BTC
from Oct 27 till Nov 3              0.8BTC
from Nov 3 till Nov 10              0.65BTC
from Nov 10 till Nov 17            0.79BTC
from Nov 17 till Nov 24            0.5BTC
from Nov 24 till Dec 1              0.71BTC
from Dec 1 till Dec 8               0.46BTC
from Dec 8 till Dec 15              0.51 BTC
from Dec 15 till Dec 22            0.37 BTC
from Dec 22 till Dec 29            0.29 BTC
Total dividends so far: 6.58BTC.

This week's Ask is:
8.42BTC for 50 shares (around 105 GH/s , equals 2500 Addiction shares)
0.1684BTC for 1 share (around 2.1 GH/s , equals 50 Addiction shares)

Have a good week!




Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: joeventura on December 30, 2013, 01:30:18 AM


This week's Ask is:
8.42BTC for 50 shares (around 105 GH/s , equals 2500 Addiction shares)
0.1684BTC for 1 share (around 2.1 GH/s , equals 50 Addiction shares)


Seriously are you high??

Thats like $60 a GH,  BFL is half the price!!


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: soothaa on December 30, 2013, 05:37:49 AM


This week's Ask is:
8.42BTC for 50 shares (around 105 GH/s , equals 2500 Addiction shares)
0.1684BTC for 1 share (around 2.1 GH/s , equals 50 Addiction shares)


Seriously are you high??

Thats like $60 a GH,  BFL is half the price!!
No, he's just an idiot.


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on December 30, 2013, 08:00:47 PM


This week's Ask is:
8.42BTC for 50 shares (around 105 GH/s , equals 2500 Addiction shares)
0.1684BTC for 1 share (around 2.1 GH/s , equals 50 Addiction shares)


Seriously are you high??

Thats like $60 a GH,  BFL is half the price!!

Sure no one should buy at current ask! I lower my ask each week according to
the weekly dividend and maybe in the future price will be reasonable.
If someone will offer me a lower and reasonable bid I will consider it.
You can check the beginning of this thread were I was offered some bids
which I was wise not to accept.


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: Inedible on January 04, 2014, 02:28:56 PM


This week's Ask is:
8.42BTC for 50 shares (around 105 GH/s , equals 2500 Addiction shares)
0.1684BTC for 1 share (around 2.1 GH/s , equals 50 Addiction shares)


Seriously are you high??

Thats like $60 a GH,  BFL is half the price!!

We all get it. It's a high price. It's been mentioned a lot already.

Nobody is forced to buy.


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on January 05, 2014, 05:05:49 PM


This week's Ask is:
8.42BTC for 50 shares (around 105 GH/s , equals 2500 Addiction shares)
0.1684BTC for 1 share (around 2.1 GH/s , equals 50 Addiction shares)


Seriously are you high??

Thats like $60 a GH,  BFL is half the price!!

We all get it. It's a high price. It's been mentioned a lot already.

Nobody is forced to buy.

Thanks Inedible :)


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on January 05, 2014, 05:10:36 PM

This week dividend was  0.38 BTC (higher than last week becuase the group sold some NMC for BTC as well).

Dividends so far:
date                                    dividend
till Oct 27                             1.5BTC
from Oct 27 till Nov 3              0.8BTC
from Nov 3 till Nov 10              0.65BTC
from Nov 10 till Nov 17            0.79BTC
from Nov 17 till Nov 24            0.5BTC
from Nov 24 till Dec 1              0.71BTC
from Dec 1 till Dec 8               0.46BTC
from Dec 8 till Dec 15              0.51 BTC
from Dec 15 till Dec 22            0.37 BTC
from Dec 22 till Dec 29            0.29 BTC
from Dec 29 till Jan 5              0.38 BTC
Total dividends so far: 6.96BTC.

This week's Ask is:
8.04BTC for 50 shares (around 105 GH/s , equals 2500 Addiction shares)
0.1608BTC for 1 share (around 2.1 GH/s , equals 50 Addiction shares)

Have a good week!



Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on January 12, 2014, 09:30:39 PM

This week dividend was  0.28 BTC

Dividends so far:
date                                    dividend
till Oct 27                             1.5BTC
from Oct 27 till Nov 3              0.8BTC
from Nov 3 till Nov 10              0.65BTC
from Nov 10 till Nov 17            0.79BTC
from Nov 17 till Nov 24            0.5BTC
from Nov 24 till Dec 1              0.71BTC
from Dec 1 till Dec 8               0.46BTC
from Dec 8 till Dec 15              0.51 BTC
from Dec 15 till Dec 22            0.37 BTC
from Dec 22 till Dec 29            0.29 BTC
from Dec 29 till Jan 5              0.38 BTC
from Jan 5 till Jan 12               0.28 BTC
Total dividends so far: 7.24BTC.

This week's Ask is:
7.76BTC for 50 shares (around 105 GH/s , equals 2500 Addiction shares)
0.1552BTC for 1 share (around 2.1 GH/s , equals 50 Addiction shares)

Have a good week!



Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: giletto on January 13, 2014, 05:00:31 AM
500% over possible ROI and break even price sounds like a bargain...


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: eightcylinders on January 14, 2014, 06:09:36 PM
Bid: 2 BTC (plus .1 transfer fee) for 50 shares


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on January 14, 2014, 11:37:27 PM
Bid: 2 BTC (plus .1 transfer fee) for 50 shares

Hey, This is a fair bid and I accept it!
But, you should check this thread: https://bitcointalk.org/index.php?topic=328135.msg4511584#msg4511584
It is the same groupbuy (the thread pricing is for addiction shares,my 50 shares equal 2500 addiction shares ).
You can buy some shares there for a lower price than your bid.


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on January 28, 2014, 01:03:30 PM
2 weeks ago dividend was 0.10BTC (many BTC were stuck in the pool).
This week dividend was  0.24 BTC  (including the stuck coins from last week).

Dividends so far:
date                                    dividend
till Oct 27                             1.5BTC
from Oct 27 till Nov 3              0.8BTC
from Nov 3 till Nov 10              0.65BTC
from Nov 10 till Nov 17            0.79BTC
from Nov 17 till Nov 24            0.5BTC
from Nov 24 till Dec 1              0.71BTC
from Dec 1 till Dec 8               0.46BTC
from Dec 8 till Dec 15              0.51 BTC
from Dec 15 till Dec 22            0.37 BTC
from Dec 22 till Dec 29            0.29 BTC
from Dec 29 till Jan 5              0.38 BTC
from Jan 5 till Jan 12               0.28 BTC
from Jan 12 till Jan 19             0.10 BTC
from Jan 19 till Jan 26             0.24 BTC
Total dividends so far: 7.58BTC.

This week's Ask is:
7.42BTC for 50 shares (around 105 GH/s , equals 2500 Addiction shares)
0.1484BTC for 1 share (around 2.1 GH/s , equals 50 Addiction shares)

Have a good week!




Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on February 02, 2014, 09:57:08 PM

This week dividend was  0.16 BTC 

Dividends so far:
date                                    dividend
till Oct 27                             1.5BTC
from Oct 27 till Nov 3              0.8BTC
from Nov 3 till Nov 10              0.65BTC
from Nov 10 till Nov 17            0.79BTC
from Nov 17 till Nov 24            0.5BTC
from Nov 24 till Dec 1              0.71BTC
from Dec 1 till Dec 8               0.46BTC
from Dec 8 till Dec 15              0.51 BTC
from Dec 15 till Dec 22            0.37 BTC
from Dec 22 till Dec 29            0.29 BTC
from Dec 29 till Jan 5              0.38 BTC
from Jan 5 till Jan 12               0.28 BTC
from Jan 12 till Jan 19             0.10 BTC
from Jan 19 till Jan 26             0.24 BTC
from Jan 19 till Jan 26             0.16 BTC
Total dividends so far: 7.74BTC.

This week's Ask is:
7.26BTC for 50 shares (around 105 GH/s , equals 2500 Addiction shares)
0.1452BTC for 1 share (around 2.1 GH/s , equals 50 Addiction shares)

Have a good week!



Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on February 02, 2014, 09:58:26 PM
small date correction:
This week dividend was  0.16 BTC 

Dividends so far:
date                                    dividend
till Oct 27                             1.5BTC
from Oct 27 till Nov 3              0.8BTC
from Nov 3 till Nov 10              0.65BTC
from Nov 10 till Nov 17            0.79BTC
from Nov 17 till Nov 24            0.5BTC
from Nov 24 till Dec 1              0.71BTC
from Dec 1 till Dec 8               0.46BTC
from Dec 8 till Dec 15              0.51 BTC
from Dec 15 till Dec 22            0.37 BTC
from Dec 22 till Dec 29            0.29 BTC
from Dec 29 till Jan 5              0.38 BTC
from Jan 5 till Jan 12               0.28 BTC
from Jan 12 till Jan 19             0.10 BTC
from Jan 19 till Jan 26             0.24 BTC
from Jan 19 till Feb 2              0.16 BTC
Total dividends so far: 7.74BTC.

This week's Ask is:
7.26BTC for 50 shares (around 105 GH/s , equals 2500 Addiction shares)
0.1452BTC for 1 share (around 2.1 GH/s , equals 50 Addiction shares)

Have a good week!


[/quote]


Title: Re: Dutch auction (price goes down) 20% of KNC jupiter
Post by: justanickname on February 02, 2014, 10:02:36 PM

 ??? and another small date correction sorry:
This week dividend was  0.16 BTC 

Dividends so far:
date                                    dividend
till Oct 27                             1.5BTC
from Oct 27 till Nov 3              0.8BTC
from Nov 3 till Nov 10              0.65BTC
from Nov 10 till Nov 17            0.79BTC
from Nov 17 till Nov 24            0.5BTC
from Nov 24 till Dec 1              0.71BTC
from Dec 1 till Dec 8               0.46BTC
from Dec 8 till Dec 15              0.51 BTC
from Dec 15 till Dec 22            0.37 BTC
from Dec 22 till Dec 29            0.29 BTC
from Dec 29 till Jan 5              0.38 BTC
from Jan 5 till Jan 12               0.28 BTC
from Jan 12 till Jan 19             0.10 BTC
from Jan 19 till Jan 26             0.24 BTC
from Jan 26 till Feb 2              0.16 BTC
Total dividends so far: 7.74BTC.

This week's Ask is:
7.26BTC for 50 shares (around 105 GH/s , equals 2500 Addiction shares)
0.1452BTC for 1 share (around 2.1 GH/s , equals 50 Addiction shares)

Have a good week!