Maybe the A is out of place here, but it is certainly a Depository Receipt

ASIC-MINER-PT is a ADR in my mind, but this is bitcoinland, where reason and reality never shall meet

Indeed, adds 0.544955286 per day to the payout starting Thursday, over 5x yesterdays payout.  I also like the fact we are nearing the 5000 IPO shares being sold to limit the dillution

Since you are a speculator, please stop saying investing.  Nobody invests with a 2-4 week horizon, they speculate.  If you think there will be less mining, this will increase in value, if the mining activity increases, these will decrease in value, it is simple math.

I tend to agree taking whatever you can to make the sale is the right course, and PayPal is far less risky than credit cards.  These are physical products being shipped via trackable shippers, so no disputes would be lost.

I don't expect we ever spend a bitcent for secondary Avalon, anyone with an Avalon will be unwilling to sell for a price creativex is willing to pay, but I do expect we take delivery of our pre-orders before we buy anything else.  I'm not trilled with ASICMINER-PT shares, but it will triple the current dividend and get us back to a level seen back in March.

The long scam

Bakewell only wishes he had these talents

Probably not a good idea to take matters into your own hands even when you are doing nothing but the right thing.  We don't know yet how burnside will want to handle this, so doing nothing, or as much of nothing as possible is the only prudent course.

I thought it was just a dup email, but indeed I see 2 dividends for today

My only problem with ASICMINER is there is a lot of future hardware sales priced into the shares, and as fickle as this market is, and as stupidly as they trade, at least buy on the bid which is very thin, so if someone crushes the bid you are there supporting it somewhat.

I personally wouldn't buy as large an exposure, as few as 30-40 shares would double our weekly dividend rate.  I just have a mental malfunction letting lose of the bank with the risk of someone else's mining, even though I do hold ASICMINER-PT personally. So it is not the security suggested, it's the current value and the ease to get out if needed.  Sure we can get out easy now while the demand is high, but when we want out, it will be under other circumstances, mostly something negative has happened, like the Chinese government sticking their nose where it doesn't belong.

I think I have it figured out, there are 5000 shares authorized in the IPO, 100,000 total authorized, but after the 5000 requires shareholder approval and will follow the same 4:1 split with creativex getting 1 share for every 4 sold.

Clearly he is trying to shake weak hands to buy cheaper shares, but looks like treasury shares are still selling just fine

i.e. Don't feel the trolls

You can always buy MININGCO.ETF which sets it's NAV based on the 7d average, last updated bASIC-MINING at .50 as a way to slide in a bit cheaper

Only thing I would wish for is ability to compare with another security on BTC-TC, but great job with what you have !

Very slick buying prior to the dividend payout today

But this discussion is on TAT micro shares, correct, and the management fee is 5% only on the dividends, so the management fee of other funds that charge on total assets under management are not comparable. Also, if you don't wish to pay the 5% fee on dividends, don't buy the TAT vehicle, just that simple, everyone can make their own intelligent choice, but the discussion doesn't belong in this thread, one of the TAT threads would be a more appropriate place.

Maybe I am mistaken, but I thought we had this discussion a month or so ago, you had suggested putting a motion forward, which ultimately wasn't needed, and the end result was you felt ASICMINER was simply over valued and I had pointed out lack of funds anyway to open a position.  With the micro pass throughs opening a position is not a difficult task any longer.

Maybe ASICMINER is over valued, but as it has risen 200-300% since your declaration, exposure might not have been terrible even in the smallest exposure.

My goal is not to rock this boat, if it was I'd add in a long dribble again about Cognitive, but maybe instead of new funds being used to maintain the allocations we currently hold, it go to opening a position in some ASICMINER security, my hope would be either direct ownership or the Burnside passthrough, but the TAT micro passthrough would be acceptable as well.

Put a bid up for 2500 shares at your desired price, you might actually get filled

Berkshire Hathaway's market cap (464B) which is what owns all those above is the 5th largest company in the world, behind Exxon Mobil, Apple, General Electric, and Cheveron. Buffet's net worth is just his holdings in BRK-A

Also, not taking sides, the man is very talented with investing, I wish I could learn 1/2 of what he's forgotten over the years.