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221  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: March 29, 2014, 03:56:06 PM
funny how havelock became completely unresponsive right after that update...
we're just hammering that order book Wink

Well, actually, is it just me or is Havelock barely moving? I can only see 8 trades since the announcement, and one of them sold some shares Huh Tongue

Well... The trading page is not loading completely (at least for me). I don't get to the order mask.

And that sale... I guess somebody was so excited that by mistake he sold instead of buying. Cheesy
222  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: March 29, 2014, 12:55:32 AM
Löl. If you believe I am implying friedcat is doing anything shady, who is in panic then? Cheesy

Read above, chill, and try to use the vacuum between your ears before posting.  Grin
223  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: March 29, 2014, 12:49:03 AM
There weren't any meaningful bitcoins to distribute.

To add to that I think we are just about mining what we pay in electricity.

Assuming 1MW for both datacenters at $0.15/kwh means $25,000 in electricity alone so we need 2 blocks a week to break even.

All revenue showing in the mining address has been distributed as dividends recently. And a lot of fiat sales revenue had been held back as company assets. I am too lazy to quote the friedcat post on this.

And again, there is the commitment to pay a weekly dividend. If that cannot be honoured for one or the other reason - no big deal. But communication takes just a minute.

Regardless of the amount the principle of paying a dividend based on agreement deserves attention. A simple "You ain't getting dirt cause it went to the office coffee fund."  would have sufficed IMHO.

Exactly. Thanks.
224  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: March 29, 2014, 12:31:22 AM
Looks like a handful of skeptics are voting with their shares. Common FC prove them wrong.  Grin

Blasphemy! I guess they've decided they're not ready for the sweet life FC will bring. Prepare the shirts and celebration photos!

Even I am starting to panic... No divs and no news? Not good...

Last news was on 23rd, not a long time ago by his standards.

Considering the commitment to pay a weekly dividend and the fact that this has been defaulted on without any announcement - it is a very long time by any standards.

There weren't any meaningful bitcoins to distribute.

Oh really?!  Grin

I takes one minute to log into the forum and post sth. like "Due to peanuts in revenues we will not pay a dividend this week but will include all dues with the next dividend."

And please not the next comment: "But friedcat is probably busy with XYZ..."  Cheesy
225  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: March 28, 2014, 11:41:12 PM
Looks like a handful of skeptics are voting with their shares. Common FC prove them wrong.  Grin

Blasphemy! I guess they've decided they're not ready for the sweet life FC will bring. Prepare the shirts and celebration photos!

Even I am starting to panic... No divs and no news? Not good...

Last news was on 23rd, not a long time ago by his standards.

Considering the commitment to pay a weekly dividend and the fact that this has been defaulted on without any announcement - it is a very long time by any standards.
226  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: March 21, 2014, 12:40:54 PM
Thanks for your comprehensive reply, aahzmundus.
227  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: March 21, 2014, 12:06:28 AM
Friedcat already stated high speed memory is a big issue....  The other big issue is that the main stated benefit of scrypt coins is they were asic resistant... what point is there to those coins when they are just like bitcoin after an ASIC is made.  Long term.... Litecoin is dead and gone, not worth the dev time taken away from bitcoin stuff.

Can you please answer my question: "What is your source for that all of 1st batch has already been sold?"
228  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: March 20, 2014, 07:49:32 PM
We need to create our own PR for ASICMINER.

Now, I struggle with this question myself... but why?

We are moving into a B2B venture, and all of the players that need to know abut us, do.  Hell... all of the first batch has already been sold.  We do not need to attract buyers, buyers come to us.  Why do we need new investors?  AM would not get any of the money to help with development, it would go to the hands of old investors leaving.

The big thing we need is people with time, summarizing events for investors who need to stay informed, but are not able to watch this thread every day.  I am trying to fill that role, but I keep getting sidetracked.

What is your source for that all of 1st batch has already been sold? Did I miss sth.? I don't even know the size of batch 1... ^^
229  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: March 20, 2014, 01:06:00 AM
Funny that nobody is looking at the efficiency of the Scrypt ASICs. I am still going very well with my 7970s compared to all Scrypt ASCICs offered now.

Friedcat stated clearly why ASICMINER will not go for the manufacturing of SCRYPT ASICs.

https://bitcointalk.org/index.php?topic=99497.msg3222593#msg3222593

Did you see kncminers new 100mh scrypt miner? $0.1/kh cant beat that.

Nope. I don't wanna burn my house down with vaporware.

Anyway I should ignore anything a mongo troll like you is posting, fucktard. Facepalm to myself reading you. Ouch.

I'm sorry if the news bothers you but no need to go off like that.

Fact is that gpus are going to need to find a new algorithm/coin to mine when these scrypt asics hit.

LÖL. No news are bothering me at all. Just your mongoloidness. Great that you prove it again. Might wanna shut up for the sake of us all? Cheesy
230  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: March 20, 2014, 12:54:10 AM
Funny that nobody is looking at the efficiency of the Scrypt ASICs. I am still going very well with my 7970s compared to all Scrypt ASCICs offered now.

Friedcat stated clearly why ASICMINER will not go for the manufacturing of SCRYPT ASICs.

https://bitcointalk.org/index.php?topic=99497.msg3222593#msg3222593

Did you see kncminers new 100mh scrypt miner? $0.1/kh cant beat that.

Nope. I don't wanna burn my house down with vaporware.

Anyway I should ignore anything a mongo troll like you is posting, fucktard. Facepalm to myself reading you. Ouch.
231  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: March 20, 2014, 12:44:37 AM
Funny that nobody is looking at the efficiency of the Scrypt ASICs. I am still going very well with my 7970s compared to all Scrypt ASCICs offered now.

Friedcat stated clearly why ASICMINER will not go for the manufacturing of SCRYPT ASICs.

https://bitcointalk.org/index.php?topic=99497.msg3222593#msg3222593
232  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 20, 2014, 12:03:35 AM
There is obviously price manipulation going on at bitcoin.de. Somebody asking 439 EUR for 200 Coins, 200 Coins trade minimum.
Nobody would wire 87k EUR to somebody unknown. So this is for sure sb. trying to keep the price down.
233  Bitcoin / Hardware / Re: [ANN]ASICMiner Publicly Looking for Potential Customers/Partners for New Chips on: March 19, 2014, 12:59:52 AM
Did FriedCat make a reply and then deleted his post?!

https://twitter.com/FriedcatSays/status/445828515490193409

Yes, i saw the post. it was specs about the chips.

You are a fucking genius. What would we do w/o you?
234  Economy / Securities / Re: ASICMINER Speculation Thread on: March 11, 2014, 08:49:01 PM
Since the speculation thread seems to be quite dead, I will speculate that the farm is offline to refit with gen 3 samples. Brace for redeployment  Grin

I'd love that.

But according to http://erpao.info/servers the blades are online?

AFAIK that is the initial farm, not the HK immersion cooling one.
235  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 03, 2014, 05:43:38 PM
ccmf
told ya.
236  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 03, 2014, 01:09:49 AM
Up.
Mark me.
237  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 03, 2014, 12:26:44 AM
MACD Indicator on bitcoinwisdom.com shows green candles on 1h/2h/4h/6h/12h/1d chart  (Bitstamp)

Bullish?



no! sell.
238  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 14, 2014, 12:20:26 AM

Whops, they have switched to daylight savings time (used to be UTC+9:00 not long ago).  Thanks for the post!

No daylight saving in winter anyway.
239  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: February 04, 2014, 02:04:44 AM
Even AM's own exchange, which they began creating last year, has many inconveniences, and, is ultimately centralized anyway.

Wait a second... besides announcing that he was working on one, I have yet to see any details on any AM exchange system.  Although you feel it would not work, what is it that FC has in the works?  Is this board member information?  Or did I miss a post somewhere...

Also.. to ignore jimmothy, simply ignore him.  Stop quoting his posts, it gives him visibility to those who already have him on ignore like myself.

Done. My bad to quote a donkey. Smiley
240  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: February 04, 2014, 12:37:24 AM
AM does not need to do so himself. Any big trusted shareholder can issue AM assets with Counterparty.

This is true.  It would be awesome to see an Asicminer-direct-share-backed asset issued on Counterparty.

Maybe ThickasThieves would be up for the task?

This would be the first "Bitcoin blue chip" asset on a decentralized exchange.  One small step for TAT, one giant leap for Bitcoin securities.

In case any of you missed it in my old rants, I don't actually believe decentralized exchanges are a good thing. Even AM's own exchange, which they began creating last year, has many inconveniences, and, is ultimately centralized anyway.

I don't even believe decentralized exchanges are sustainable in any way that provides valuable purpose. Most amount to moving trust from one place to another, or breaking trust into a few parts. Trust is always required, efficiency is always required, resources are always required. These things all converge as order in chaos. That order is centralization.

I'm not a part of the "decentralize everything!" parade, but I do believe in the concept of "empires to ashes". Eventually a thing becomes so central and powerful it collapses, whether it be by its own lack of agility, or by a paradigm shift. For many people, Bitcoin is the first time they experienced a paradigm shift in a very long time. It's exciting to have your world rocked, but Bitcoin is not a casting call for paradigm-shifters. Way too many people think we now have the power to break apart anything we can get our hands on, and turn into little pieces that somehow work better. Decentralization is not your hammer, and stock exchanges are not your nail.

I can appreciate people trying new things, but an economy is more than protocol, sorry. I'm not saying the theory of a Colored Coin exchange is impossible, I'm saying the usefulness of it is. Any fruits of Colored Coin, Master Coin, etc, will do nothing more than appear decentralized in concept, and behave centralized in practice.

Even Bitcoin itself only thrives through where it is efficiently "centralized": mining pools, exchanges, venture capital, this forum, etc, etc, etc.

Having to trust 3 people instead of 1 is not decentralization. Having to trust that system instead of this one, is not decentralization. Do you REALLY want every business under the sun "IPO"ing? Is every random business truly qualified to run its own security? So what if you can trust the decentralized exchange, none of the issuers will be easy to trust, now will they? How do you trust what you are buying and whom you buy it from?

If you really want to mitigate trust issues in this world, why aren't you all fighting to get people to use a/the Web of Trust (http://bitcoin-otc.com/trust.php)? Why are people finding ways to pervert bitcoin with burns, when they should be making a decentralized web of trust that is more friendly and easy to use? Doesn't anyone realize how big "digital identity" will be going forward?

We don't need more tinkering with reinventing Bitcoin, we need an agile identity/trust service. Think about it. Sure we have the current WoT, sure we have +Trust in this forum. But the WoT is not easy to use for beginners, nor is it a convenient means of auth/trust for online services. And, the forum's +Trust feature is much too centralized, weak, and narrow in focus.

Finally, everyone, please don't be an idiot and go "burning" coins, or locking them into some silly meta protocol forever. Anyone that's been around for more than a couple months should know by now to just hold onto your damn bitcoins. That's all you have to do.

I agree that for trading purposes something like colored coins would be a huge hassle and require escrow.

But it would be extremely useful if we could send shares to and from an exchange with ease just like withdrawing bitcoins.

Nobody cares about your opinion. You have proven to be not to be taken seriously many times. Please leave this thread for the adults, kiddo.
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