The maximum share price possible would be approximately 20,999,950 (maximum number of bitcoins that could ever exist anywhere - the unspendable 50 coins generated in the genesis block by Satoshi) / 400,000 (outstanding shares of ASICMINER). Not considering bitcoin that was or is lost or detroyed, the max it could ever be per share would be 52.499875 BTC. So we have a ways to go.  You're forgetting the transaction fees, which are essentially infinite if we just have enough transactions, so thus the maximum price would be (infinite-50)/400K. I also have a nice, red bridge for sale, if you want that. One owner only, located in San Francisco. 1,000 BTC only, you send first. .b The larger issue is that his math assumes that the only value for bitcoin would be to buy ASICMINER shares, which is impossible for a number of reasons, both logistical and economical. The best answer for ASICMINER's top possible value: "The most anyone is willing to pay for it."  |
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Well, I personally believe the maximum value these shares could reach is 7.5BTC.
They say it's a fine line between optimism and delusional, I'm not sure which side you tread... The maximum share price possible would be approximately 20,999,950 (maximum number of bitcoins that could ever exist anywhere - the unspendable 50 coins generated in the genesis block by Satoshi) / 400,000 (outstanding shares of ASICMINER). Not considering bitcoin that was or is lost or detroyed, the max it could ever be per share would be 52.499875 BTC. So we have a ways to go. Wrong. |
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...demonstrate...
You ask too much! |
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I've just created a new site which combines all my ASICMINER hashrate charts (almost) full-screen on 1 page  www.asicminercharts.comIn the next days/weeks I'll improve it by creating a light & dark version, and maybe some thumbs at the top or side to quickly navigate to the desired chart SmiGuel, thanks for the sponsor link and for making such useful charts. Can you tell us a little about how you collect the data for them? Is it all manually done, or are some things dynamic? Thanks! |
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UPDATETAT Investments is proud to sponsor SmiGueL's recent efforts to provide a few awesome and useful charts that track the progress (and dividends) of ASICMINER. Please visit: http://www.asicminercharts.com/
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UPDATETAT Investments is proud to sponsor SmiGueL's recent efforts to provide a few awesome and useful charts that track the progress (and dividends) of ASICMINER. Please visit: http://www.asicminercharts.com/
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UPDATETAT Investments is proud to sponsor SmiGueL's recent efforts to provide a few awesome and useful charts that track the progress (and dividends) of ASICMINER. Please visit: http://www.asicminercharts.com/
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Looking to establish recurring relationship with sellers to buy 200-1000 shares at a time at bulk rates.
Please pm with offers.
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neotrix you should seriously reply to Brian Krebs post on Litecointalk. If he publishes a post on his blog about Koddos supporting cybercrime you won't find many investors here.
+1 Replied...As I did to him by email previouly... Btw I would like the sky become pink for next 3 days..Can I request it? As it seem to be the place to complaint about evreything people are not happy about lol... No more comment... Unicorns only come out during pink-sky days! |
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I'm amazed with your idea of getting a revenue with the phone, mining with it. Imagine a world were, not only banks (with fiat) are not involved on the economy in the sense they are now, but also people is helped to grow some money with that new monetary system. Simply great.
Even though its an interesting idea... i doubt that it will work out... the market saturation with ASIC's will come soon. So that one single ASIC wont bring much revenue at the end of the day. I mean 282MH/s (Avalon) dont bring much now too but it will become way worse when the ASIC's revenue comes close to the power cost running them. That happened with GPU's too at a point. So i think this project only has a limited lifetime. On the other hand... even when your smartphone creates some cents a day its probably much money for many people in different countries. But then again... it would use energy all the time... this energy costs... So im not too convinced of the idea. But i think ideas have to pop up to find out how to spread the bitcoin currency. I had proposed this idea months ago in IRC. It is something that doesn't become feasible until maybe 5th-generation ASICs or such. The idea would be that mining would become largely spread on a user basis, and that in order to send a tx, you'd have to do your fair share of mining to support the network for that tx. It begins to make a lot more sense when billions of people use bitcoin, and you can get 1TH on a chip or whatever makes sense. If it will be 1TH on a chip the hashrate probably will be million times a TH. And such TH-Chip will be even more costly to create than the chips nowadays. You mean forced mining or free transaction when you mine? Because forcing every pc to mine can become costly with power and wouldnt be very good for environment. If a change in bitcoin protocoll is involved i think it will be hard to do. I can imagine a big opposition against some kind of forced mining... There's no way to say what specs, costs, or mining difficulty cocktail allows this to work yet. It's just a fun idea to toss around for now. If bitcoin lasts for many years, you'll see innovative ideas like this come to fruition. Or, better yet, if people keep coming up with innovative ideas and investing them (ASICMINER), then it's possible you can build an economy around bitcoin to get us to the future faster |
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I'm amazed with your idea of getting a revenue with the phone, mining with it. Imagine a world were, not only banks (with fiat) are not involved on the economy in the sense they are now, but also people is helped to grow some money with that new monetary system. Simply great.
Even though its an interesting idea... i doubt that it will work out... the market saturation with ASIC's will come soon. So that one single ASIC wont bring much revenue at the end of the day. I mean 282MH/s (Avalon) dont bring much now too but it will become way worse when the ASIC's revenue comes close to the power cost running them. That happened with GPU's too at a point. So i think this project only has a limited lifetime. On the other hand... even when your smartphone creates some cents a day its probably much money for many people in different countries. But then again... it would use energy all the time... this energy costs... So im not too convinced of the idea. But i think ideas have to pop up to find out how to spread the bitcoin currency. I had proposed this idea months ago in IRC. It is something that doesn't become feasible until maybe 5th-generation ASICs or such. The idea would be that mining would become largely spread on a user basis, and that in order to send a tx, you'd have to do your fair share of mining to support the network for that tx. It begins to make a lot more sense when billions of people use bitcoin, and you can get 1TH on a chip or whatever makes sense. |
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I'm probably going to have to do something lame like CloudFlare. There is nothing lame about it. A lot of Bitcoin related sites are using Cloudfare to avoid expensive anti-ddos hoster. I think it is weird that BTC-TC is the only exchange under attack. I highly doubt that there is someone who only hates BTC-TC but accepts all the other exchanges except a competitor Is there a reason why TAT.ASICMINER doesn't have an estimated yield box? I'm rather skeptical that a competitor would DDOS the site. All of the exchanges are run by very small teams, all of which have a lot on their plates. It also serves no real benefit to an exchange to take down BTCTC for a day. The latter argument applies to anyone doing a DDoS. So why do it? I didn't necessarily mean just an BTC-TC exchange competitor. Could be a mining op competitor too, or someone who'd like to see crypto-trade grounded. (pure speculation) If you shake confidence in an operation early on, it can do plenty of damage. I really doubt the motivation is simply "I was bored.". If you're bored there's plenty of hackish things to do that are more fun. Heh, maybe someone was pissed they lost some btc in a trade. It's also possible that they are stress-testing your site or distracting you to look for vulns. |
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The exchanges are around 1000 now and havelock's is just a week old so the passthrus will get a seat it was part of the release based on the combination of shares so yes in time it may be allocated a seat
Actually DT's PT has a board seat already if I am not mistaken. https://bitfunder.com/asset/G.ASICMINER-PT Shares Issued: 19,160 Burnside's PT has a board seat as well. I am the only one that does not yet. Board seat does not bring any tangible benefit to PT shareholders yet, but in the event Friedcat does issue out the test boards he mentioned in the past, it is very likely I will simply buy one myself to keep up with the Joneses. |
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I'm probably going to have to do something lame like CloudFlare. There is nothing lame about it. A lot of Bitcoin related sites are using Cloudfare to avoid expensive anti-ddos hoster. I think it is weird that BTC-TC is the only exchange under attack. I highly doubt that there is someone who only hates BTC-TC but accepts all the other exchanges except a competitor Is there a reason why TAT.ASICMINER doesn't have an estimated yield box? I'm rather skeptical that a competitor would DDOS the site. All of the exchanges are run by very small teams, all of which have a lot on their plates. It also serves no real benefit to an exchange to take down BTCTC for a day. |
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Does it really change anything though? Can't a person still send a bitcoin to their addresses to play? One needs only a list of their addresses to keep gambling to ones heart's content.
The issue, as I see it, is that SDICE has been a dead-in-the-water asset for a few months now. The last thing they need is bad news. In the past, I tried to be nice about my criticisms of SDICE's failure to grow as a business and capitalize on its leading position. However at this point, it's foolish to be optimistic or understanding. I believe the management has been grossly negligent at the expense of its shareholders. Maybe shareholders will get lucky and some casino will buy out satoshidice.com for one last payout, but I'm not holding my breath. I completely exited my position over the past couple weeks, and I feel relieved. |
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75 @ 1.56
Don't you have enough already? MUST HAVE ALL TEH ASICMINERZ |
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