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1681  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: June 28, 2013, 09:48:23 AM
I think the difference between AM and a lot of these other startups is that AM have already learnt to scale.  ie. procedures, monitoring, power, racking, networking, building, developing, shipping etc..

Where everybody else is ordering a million chips of whatever size/speed, dealing with learning, and teething problems, and building hardware, AM are at the next level
+1
1682  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: June 28, 2013, 07:39:49 AM
I don't mind being shot down on this but I'm wondering on the (to my mind) "measly" 3-question limit.

These questions are good in that they could all be answered within a minute each by friedcat or one of his staff. Are we that scared of taking up any of AM's precious time we are limiting ourselves to 3 minutes? Couldn't we stretch to 5 or 10 minutes? Him and his staff must spend several hours a week dealing with share transfers. Having to vote to reduce it down to just 3 questions is a bit much imho.
If you want quality answer, no matter the question, you'd better think carefully on what to answer, exactly.

It's by no means "just 1-minute answer", like many people assume.

Current APR is still >40%
How did you make that figure?

0.02 weekly div --> 1.04285714 annual div
/
3.420989 ASK
= 30.48% APR
1683  Economy / Securities / Re: [BTC-TC] Deprived Mining Speculation (DMS) on: June 27, 2013, 11:54:05 PM
Dang, I had just made one! Yours is nicer though, thanks!  Grin
Heh, his is nicer than mine as well
wow, thanks! : )

though it seems to have a rather higher next difficulty than is likely.
I used this as a source, apparently it is lower now.

I'm also not sure the arbitrage calculation is taking into account losing 0.2% to transaction fees on every buy of PURCHASE and sale of MINING.
True I forgot about that!
I'll fix it tomorrow if I can...
1684  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: June 27, 2013, 03:20:37 PM
(basically 10 times more power efficient than AM hardware while producing much less heat and occupy much less space).
If energy and space are not a big issue, it is irrelevant.
What will matter will still be production cost, ability to keep it up, user's trust, etc.
1685  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: June 27, 2013, 02:46:31 PM
Everything is perfect about this so far the only thing that is missing is early ivestors reward or long term investor or something like that
The reward for long-term investors is that... they will have more money.
Not sure what is there to add.
I understand his concern.

The problem here is that with a normal security usually the early investors are taking a higher risk (i.e. you don't know if the company will be successfull) but will get a higher reward (i.e. they bought cheaper).
Here instead, buying early give you no benefit over buying later (when you already know if the company is successfull).
1686  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MasterCoin [MST] The master of all alt coins!! on: June 27, 2013, 02:37:37 PM
I sincerely hope there isn't a cap in the ignore list...
1687  Economy / Securities / Re: [BTC-TC] Deprived Mining Speculation (DMS) on: June 27, 2013, 02:35:33 PM
Does it have an effect on the SELLING  Share price?
Only actual difficulty adjustments can have an effect, so yes if that hashrate spike will cause the difficulty to increase slightly more, if there is a dividend it will be slightly higher.
1688  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: June 27, 2013, 11:01:13 AM
I'd also recommend increasing your cut - somewhere between 5% and 25% seems the right sort of area to me.  As someone likely to use it I WANT you to be making significant profit.  An operator/issuer making significant profit is one of the single biggest factors reducing likelihood of scamming - if you can clearly make decent profit running it then there's a lot less reason for you to even consider stealing the bank.  Personally I stay well away from anything where I can't see how the operator is making a good return.
+1
1689  Economy / Securities / Re: [BTC-TC] Community Exchange w/ Options, DRIP, 2FA, API, CSV, etc. on: June 27, 2013, 08:45:16 AM
On market tab click create security and its on asset issuer terms of service.

Thanks

I think the problem is that with a fully refundable fee is that people will create bad securities and spam the system. But now there is no incentive for moderators to vote in a timely fashion so burnside is trying to make an incentive for them to do so (50% refund).

That's what I have gathered.
Yes, but as I said:
1. it doesn't make any sense to pay such a huge sum to "maybe get what you asked for, maybe nothing"
2. to prevent spam you can simply ask a extremely small collateral, such as 0.1 BTC instead of the whole sum
1690  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MasterCoin [MST] The master of all alt coins!! on: June 27, 2013, 08:32:24 AM
but he's a nice guy, and a good dev
How do you know?
What else has he coded, what else has he done?
Since he created an account just to launch this shitcoin, he's basically anonymous.
No serious developer nor any real "nice guy" would do that, he'd post with his account instead.
1691  Economy / Securities / Re: [BTC-TC] Community Exchange w/ Options, DRIP, 2FA, API, CSV, etc. on: June 27, 2013, 08:27:24 AM
From the website
Quote
There is a NON-REFUNDABLE FEE of 5 BTC per security created.
Yes, and I was stating that this doesn't make much sense :/ hoping in some clarifications...

BTW, where in the site there is that info? I really couldn't find it...
1692  Economy / Securities / Re: [BTC-TC] Community Exchange w/ Options, DRIP, 2FA, API, CSV, etc. on: June 27, 2013, 07:48:07 AM
My personal favorite is a guaranteed 50% refund if an issue hasn't received eight (Cool votes or been approved within a two week span of the start of voting.  Refund too much and people will spam the system.  Refund too little and the mods won't have as much incentive to vote.

Any other thoughts out there?
I'm puzzled, I thought that if you didn't get listed, you got back the whole sum.
It doesn't make much sense to pay in order to have the possibility of getting listed or not.
0.1/5 BTC is the maximum amount I would consider "fine" to keep in case the security doesn't get listed...
1693  Economy / Long-term offers / Re: Need a $650 USD Loan For 6 Months on: June 27, 2013, 07:41:56 AM
Op's parents prob just don't want to buy the camera. by giving him false hope to get a loan they don't think he could get.... Because they don't want him to work he cant pay the loan so no1 would give him a loan. unless he came up with some crazy shit lol. but i would give him the loan if i had an extra $650 laying around. i do but im spending that on my next computer build Tongue   op could mow old ladies yards and make bank.$40 a yard. takes 1-2 hours of work to make it look nice that's 4 lawns a day $120 a day. OP could have $650 in less then a week. not to mention other stuff a 14 year old can do. plant flowers, water flowers, put mulch down, etc for better prices. I would rather help a 14 year old out and have him do yard work for me then pay some mexicans that want $120 to do the work.... So op should look into doing yard work. if Op could prove that he has a income from yard work or something like that he could prob do well... also Craigslist he cold find stupid stuff in the gigs computer section like teach old people about computers for $10 an hour....
I don't agree with the grammar, but I agree with the content Wink
1694  Local / Mercato valute / Re: [SCAM] Vendo 4 btc a prezzo moderato con bonifico o postepay on: June 27, 2013, 07:39:41 AM
Occhio che probabilmente è una bufala, continua ad andare in giro dicendo che lo hanno derubato di qua, che lo hanno derubato di là... ora o è veramente leso e non può fare a meno di lanciare soldi a caso un giorno sì e uno no, oppure sta trollando...
1695  Economy / Securities / Re: [BTC-TC] Deprived Mining Speculation (DMS) on: June 27, 2013, 07:38:02 AM
just-dice is a really brililiant idea, but now it has a few uptime problems (down now, and was down yesterday too for several hours).
I'd wait until these are fixed and doesn't crash for a sensible amount of time.
1696  Economy / Securities / Re: [BTC-TC] Deprived Mining Speculation (DMS) on: June 26, 2013, 04:41:43 PM
Then you wouldn't mind to tell us what the one-time dividend for SELLING will be after the difficulty has risen to e.g. 19,200,000  Grin
I might easily have done something wrong:

Current MINING div 0.00016113
Difficulty change 19'402'467.47/15'605'632.68 = 1.24329899773
New MINING div 0.00016113/1.24329899773 = .000129599

Current assets 734.18617511
Current units 11630
Asset/unit 0.06312865

410 with new MINING div .000129599 * 410 = 0.05313559
400 with new MINING div .000129599 * 400 = 0.05183960
Excess asset/unit 0.06312865 - 0.05183960 = 0.01128905


Wanted to thank you for this explanation a while ago - very helpful!

You're welcome, I'm glad I could help someone, since it took a bit to figure it out myself Wink

Here's a spreadsheet version : )
1697  Economy / Long-term offers / Re: Looking for lenders on: June 26, 2013, 02:50:04 PM
Lol I wouldn't be surprised if this actually was the real pirateat40, making it plain obvious just for the lulz and then scamms a new bunch of suckers.
+1 lol
1698  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MasterCoin [MST] The master of all alt coins!! on: June 26, 2013, 02:48:30 PM
You do realize that everyone installing your software will be violating MasterCard's copyright?
Why should anyone use your coin if that means *they* risk being sued by MasterCard?
This is INSANE.
While he clearly is promoting a quarter-assed pump&dump shitcoin, this post is so outrageously senseless that someone might think he is in the right.
Please remove it.
1699  Local / Italiano (Italian) / Re: Postepay: motivi e rischi on: June 26, 2013, 02:20:47 PM
ma se A andasse per secondo come C, B rimarrebbe fregato
Esatto, dunque andare per secondo non ti garantisce nulla, dato che se qualcun altro non lo fa, puoi rimanere fregato tu anche se l'hai fatto.
1700  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : Invest in 1% House Edge Dice Game on: June 26, 2013, 02:08:48 PM
The site is down for me...
Down for me too, and according to hosttracker down for someone but not for everyone.
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