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141  Alternate cryptocurrencies / Altcoin Discussion / Re: ** Official ** Cryptsy funds are safe and secure on: June 26, 2013, 02:58:35 AM
Not sure if whatever happened has been fixed, but the site seems to be working ok for me.

good times looks like the killer bath salts are flowing once again,,thanks team
142  Economy / Securities / Re: P/B ratio, or how to not get raped in the Bitcoin securities markets on: June 26, 2013, 02:56:09 AM
if a message board is what you are relying for your research to push this claim i feel bad for you..thanks

Come again? What makes you think you can't trust friedcat's own words? I certainly have found little reason to doubt what he says in most cases. I'm not agreeing with his claim that transaction fees must reach 25BTC by 2016 to keep Bitcoin safe, but I don't think he's saying that knowing it is a lie.

.b




what does this have to do with your 3 dollar a unit claim...thanks
143  Economy / Securities / Re: P/B ratio, or how to not get raped in the Bitcoin securities markets on: June 26, 2013, 02:50:55 AM


u crazy man if a message board is what you are relying for your research~back up this claim with real data...thanks
144  Economy / Securities / Re: P/B ratio, or how to not get raped in the Bitcoin securities markets on: June 26, 2013, 02:41:03 AM
 I obviously have more shame than friedcat who now proposes to sell hardware with a 3300% markup, when he's selling USB miners he bought for ~$3 for ~$100.



that's wild!..please prove this ...a link to back this claim up would be awesome..thanks
145  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is litecoin hyped so much when it doesn't add any value over bitcoin? on: June 26, 2013, 02:33:00 AM


Overall, I don't see why people are surprised that putting heavy "regulations" like the ASIC requirement is slowing down the market. Putting high barriers of entry slow down any market, it's the intended effect. Litecoin is simply a clone of Bitcoin with less "regulations" on its market. Since a lot of people around here like it when there is less regulations and barriers, Litecoin is like a breath of fresh air and it adds to the hype.
And who exactly is doing this "regulation" of the market?





monkey market makers maken move$$$..lol
146  Economy / Service Announcements / Re: Amagi Metals - Best Prices of Gold & Silver for Bitcoins on: June 26, 2013, 02:24:29 AM
silver @ 19!!!!!...wow ...thanks
147  Alternate cryptocurrencies / Altcoin Discussion / Re: ** Official ** Cryptsy funds are safe and secure on: June 26, 2013, 12:49:46 AM
We are currently having an issue with our service provider and our public IP space. All servers are functioning fine, all accounts are secure and all fund are safe. As soon as our providers fix the issue we will be back online. Thank you.


good to know ya you are prolly catching unusual amount of traffic since ya'll are now linked to that satoshi mod'd thread...thanks
148  Other / Off-topic / Re: Please sign my White House petition on: June 26, 2013, 12:41:18 AM
https://petitions.whitehouse.gov/petition/abolish-department-agriculture/1hkwGklz

Abolish the Department of Agriculture

I need your help! Please share!
Thanks!


we need a deoartment of sustainable Agriculture..thanks
149  Economy / Securities / Re: ASICMINER Speculation Thread on: June 26, 2013, 12:32:50 AM
For anyone looking for something other than AM to invest in, you might consider this: https://bitcointalk.org/index.php?topic=242962.0

I am in no way affiliated with them, nor am I invested. I just think the market needs more than one place to put our money, and I'm glad to see something that might fit the bill.

Wish there were other Bitcoin related investments apart from mining and gambling.

The only other things you can invest in are "real world" companies like the gold exploration company and the rental service and the t-shirt company.

Why can't you invest in Bitpay, MT.Gox, Bitstamp, etc with BTC?

The surprising thing is that you are able to invest in ASICMINER at all.  BFL, Avalon and KNC all proved that people will invest in hardware development and give up all of their rights in exchange for a promise of one of the first few units produced.

AMC takes that to an even higher level.  You pay for the development, they own the IP, and you don't even get any hardware.  They keep it and promise you 40% of the proceeds.


BFL is hiring last time i checked and at least Stockh0lm KFC dude has an e:mail that works..thanks
150  Economy / Securities / Re: ASICMINER Speculation Thread on: June 26, 2013, 12:27:23 AM
For anyone looking for something other than AM to invest in, you might consider this: https://bitcointalk.org/index.php?topic=242962.0

I am in no way affiliated with them, nor am I invested. I just think the market needs more than one place to put our money, and I'm glad to see something that might fit the bill.

That is actually the only other investment besides ASICMINER I see as plausible in bitcoin right now.

Plus you get to help stick it to Erik which is always a good thing.


imho BRND someone just needs needs to call the ceo and convince him that bitcoin /bitfountain/asiczzz plugs are buzzing on the radar..thanks
151  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: June 26, 2013, 12:08:02 AM
So question should have been:

"Which Bitfountain does ASICMINER belong to, as there is more than one?"


who filed the patent on these usb devices?..what Bitfountain link is everyone talking about here?..thanks

You are officially my first ignored user. Congrats!

And my second.

Keep up the good work, TECHICENINE!

thank Jerry Marzzz he is our leader imo..thanks
152  Economy / Service Discussion / Re: DDOS Attack on CryptoCurrency Exchanges Confirmed 6-25-13 on: June 25, 2013, 11:59:09 PM
https://twitter.com/cryptsy
BigVern Confirmed that cryptsy fell victim of a DDOS attack today
still looking to vicurex and bter

BTER.com - Reported down by Kevlar
cryptsy.com - Reported down by romgenie - Confirmed by multiple
vircurex.com - Reported down by bitwarrior

The topic lead to additional discussion
Could this be moved to
Bitcoin Forum > Economy > Marketplace > Currency exchange

yeah i'm back up :  they even took me down for a minute had to flush out the ghosts in the machine..thanks
153  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: June 25, 2013, 11:52:29 PM
So question should have been:

"Which Bitfountain does ASICMINER belong to, as there is more than one?"


who filed the patent on these usb devices?..what Bitfountain link is everyone talking about here?..thanks

You are officially my first ignored user. Congrats!

frontload ASICMINER looks like a monster play building up here, Jerry from mars deserves props for this!..thanks team
154  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: June 25, 2013, 11:49:31 PM
Hmm Pirate?? (Wonders if abra targeted the right pirate lol)

Registered a few weeks ago Wink (Pirate with o instead of a zero)



Hashrate seems pretty stable again Smiley (after the drop this morning.)





we like these "realtime" type updates keep it rolling..thanks
155  Economy / Service Discussion / Re: Cryptsy - Down? - 6-25-13 on: June 25, 2013, 10:17:28 PM
cryptsy offline here as well ..i'm getting my coins outta there if they come back on...i'll still want to use the site just move them out before i take a nap!..thanks
156  Economy / Securities / Re: [BitFunder] Asset Exchange Marketplace + Rewritable Options Trading on: June 25, 2013, 10:08:13 PM
Options expiry dates should now be correct.

-Ukyo

where is the PUTS options link..thanks
157  Economy / Securities / Re: SANDSTORM: - A Collective Investment Vehicle for BTC. - on: June 25, 2013, 10:06:19 PM
Hello Joshua,
thanks for previous answers.
I just want to ask about this: "Weekly profits exceeding 1% of the capital from public offerings will be divided into carryover funds and dividends. Carry over funds are a way to grow the company and act as a safety mechanism."
How is the weekly profit above 1% divided between "carry over fund" and dividends? Is there a formula?

There is no formula at this stage. I believe one is needed. It'll be something 1% of capital raised to divs then 30%to divs 60% to carryover. At this stage I'm just trying to divid it for the best interest of Sandstorm.

I have provisionally been accepted onto Havelock and therefor I'm going to suspend selling direct shares until Sandstorm is on there. I might be unreachable during this week.


what where are you going i wanted to buy up the float!..lol
158  Economy / Securities / Re: [BitFunder] [TAT.VIRTUALMINE] Virtual Mining - Hash Without Hardware! on: June 25, 2013, 10:01:57 PM
...

Something on the order of 25% of all mining security issuers have defaulted on their obligations.

That combined with the huge markup over buying mining hardware gives every mining security a negative expected value.

This could be remedied if the issuers were required to keep an amount equal to the market cap of the security in escrow.  Without such security against default all mining securities can be expected to lose money.  You can argue that a day trader might flip it for a profit, but that is not the purpose of a market.

Are you sure you did not confuse some terminology here?

IPO 100 shares at 1 = 100
One trade at 2 and your market cap is 200 Smiley



Yes, I understand that.  The escrow account would hold the IPO proceeds and funds would only be released as the 7 day moving average market cap drops below that level.

There would be no reason for the operator to escrow beyond the initial funding level.  If fools are going to pay higher that would be their risk.

Since the only function of mining bonds is to make a quick cash grab, I wouldn't hold your breath waiting for any issues to follow this course.

it's called "flipping" any real trader will take 50% when it doubles and ride free shares..thanks
159  Economy / Securities / Re: ASICMINER Speculation Thread on: June 25, 2013, 09:57:36 PM
Let me put the final nails in this.

1st, ASICMINER generates profits in another way as well: Specifically, Hardware sales. Friedcat, so far, has chosen not publish the address for hardware sales, which means that the last day of each week, the mythical DAILY-AM-PT will have significantly higher dividends than other days. This would create interesting episodic price valuations, but not the kind shareholders would enjoy.

2nd, ASICMINER spends BTC on expenses too—which means calculating the daily dividends by coins tallied in ASICMINER mining wallets could be a huge risk for the pass through operator when Friedcat invests in new datacenter leases, chip orders, board orders, assembly, etc.

Basically, this idea is not possible unless ASICMINER undergoes a major shift towards transparent daily accounting, which Friedcat is very unlikely to do given his past behavior (which is certainly no indictment of his actions, he should spend his time otherwise).

You guys are way overcomplicating this. Honestly, it would not be that hard for me to make TAT.ASICMINER behave this way. The only true issue is how to handle when AM withholds divs, and that would just mean I'd have to withhold divs til the difference was repaid.

I'm NOT saying that I plan to start daily divs for TAT.AM, merely that I could.


how do we buy in to go short your passthroughs?..thanks
160  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: June 25, 2013, 09:34:50 PM
Reminder / Update

ThickAsThieves, VJain, Franktank and myself have put together the next round of questions for the community to vote on.

Once we have a consensus of the top three questions, ThickAsThieves will submit them to Friedcat.

The last round was a big success, so we will continue doing this for the foreseeable future.

The questions are available for voting here:

https://docs.google.com/forms/d/1M7wigyDWjKjabHKdC7msaEfXvYaNxtMbbmTIRss8EqU/viewform

If there is a question that is not listed, please let us know and we will discuss adding it.

Thanks for ignoring me, I was the first response after you asked for questions:
I nominate a query about mining a small amount on p2pool in order to keep it finding at least a block a day.  In fact, with p2pool, if they are able to mine more efficiently than the average, they can potentially earn more than solo mining.

P2pool currently has a 30.2 hour average block time.  Helping keep p2pool alive is beneficial to the community and if the operators can achieve lower latency than the average the payout should beat solo mining[1].

1. http://p2pool.me/payment-system/

Because the answer is almost certainly that AM would not do this. They intentionally stopped using pools.


so why so they still have their old pool linked to their charts?..thanks
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