It has been repeated several times by PR that the cost of entry is there to specifically keep people out.  The insult she intended was obvious, but it was more than a simple insult; see past it to the fact she was being literal.  Apparently they don't want the patronage of those who don't understand it and/or can't afford it.

Edit:
I like that you've noted PR's fees.  Mircea Popescu is paying a considerable amount of money, monthly, for your education.  Please have a little respect.

Those graphs show that registration fees aren't the primary source of cash flow, its the options market making activities.

Gambling is also very profitable industry, and BitBet seems to be holding its own; pulling in some high volume wagers over its history. The question remains whether that security and the options market making is enough to keep MPEx profitable in the long-run.

MPEx may be overvalued, but I don't see it as a scam by any means. Everything is very transparent, as well.

think someone is making the price down and then buy back!!! use people's fear!!

I have to question your assumptions as to which venture is they dying one and which is the growing one.

You do realize that there can be things worth more than all bitcoins, right?

I think "if Gen 3 fails, I fear all is lost" is a completely fair statement. But if it succeeds, a lot is won at current share prices. That's why I've not sold out.

But the lack of communication from FC is getting very disturbing now. This must be  the longest ever gap between his posts since IPO. If he doesn't announce something real soon, I'll be leaving the ship, whether its sinking or not. Can't make investment decisions in a vacuum.

there is a reason why FC isn't saying anything because gen 3 wont happen in time. Get out now while you can. Even if they put out gen 3 its already too late. FC doesn't care about asicminer anymore for months they been working on something else that doesn't require investors. I feel sorrry for those still holding on but the risk is sooo huge dont let 10btc turn into 1btc please. I'm trying to sell off my last 100 shares very slowly at a lost but good to get something back.

I've got a little 5GHs box on my desk right now, putting up 8GHs.  I didn't get screwed like the big spenders, but I definitely won't ROI with how late it arrived.  While I'm fairly good at holding a grudge, the BFL hate on the forums has more than expressed my irritation for me, so I've moved on to more constructive things.  :-)  I am going to laugh the day they deliver on time, and everyone dies of shock.

How much hashing power would Asicminer have to have to justify this share price?  There are 400,000 shares, so at 0.5 BTC per share we are looking at a value of 200,000 BTC.  If Asicminer discovered 8 blocks a day they'd make 200 btc a day in revenue.  That's 3.3% of the network.  Even if 50% of that was profit for distribution, that would mean 100 btc a day.  It would still take 2,000 days, or 5.5 years at that rate to generate 200,000 BTC of profit and get the shareholders buying in at this price to break-even.  

With only 4 blocks a week being found at the current hashing power, we are talking about increasing hashing power by 14 times to go from 4 to 56 blocks a week, or 8 blocks a day.  Does Friedcat have access to 14 times the data space he is currently using, 14 times the electricity, 14 times the chips?

What would it genuinely cost to maintain 3.3% of the entire hashing power?  Right now the network hash rate is about 20 PetaHash. 1% is 200 TeraHash and 3.3% is 660 TeraHash.  

This isn't just about deploying some faster technology.  The network hash rate has grown 500 times (50,000%) since May, when Asicminer ruled the mining world.  Do you really believe Asicminer can produce 50 times the hardware they had been (to end up at 3.3%) and keep that growing at the network growth rate, which has been 100% per month for many months?

I'm wondering if someone who is a believer here can quantify what they think Asicminer will be producing that will justify the value currently being assigned to these share.

no, YOU don't simply return an item to BFL.

Ripped off? How? TigerDirect will make an order for BFL products. When they arrive it gets put into the store. If they don't ever arrive, they never make it to the store to sell in the first place. And if there are returns from customers, TigerDirect will just return the item to BFL.

Do you honestly think TigerDirect takes the hit for all the products returned? really?

I don't think 'sponsor' is the correct term. They are resellers of BFL products. If BFL can't deliver to TigerDirect than the store will only show 'out of stock' ... big deal.

Tapeout is irrelevant as that's behind the scenes, and we all know the eta is Feb 24th.

Guy's what do you think is it good for BTC or will it bring TigerDirect down to the ground!





TigerDirect.com is going to sponsor BFL soon... http://www.tigerdirect.com/bitcoin/indexus.asp?cm_re=Homepage-_-Spot%2001a-_-CatId_campaign_bitcoinTakeover, click Mining tab and scroll down an inch.

I'm getting caught up on the thread. I'm sorry I've been away. Our secretary was out of the office for a week which slowed things down on the customer support and billing side of things.

bro, I couldn't believe it when I saw it but TigerDirect will see why butterfly labs is the least reliable ASIC company.

Jimmothy you are owed virtually nothing, unlike many of us, and know nothing about the law or facts in his case. Bf and WeEx are different entities. Get over it. The coins are no longer available either, so stop coming out with your trash.

The above is about paying a small part of our debt back. Not much, but another bit. That has just been taken away from us, and yes the law does apply here. As ken says, however, good luck fighting his Belize company.

Doesn't make me too happy as a creditor tho does it.

Ignoring the issue that ukyo cannot disclose for a sec... And yes I too want to see news and public info but I can confirm ukyo's second problem and the timing of it. Guess who was due to be paid next, when withdrawals stopped eh? Muggins here. Afaik ukyo actually is working to pay everyone back, however, lophie. Danny is of the same opinion and he has even said he will be paid last, voluntarily. Anyway...

I nearly choked when I saw active mining taking his shares. However, I quickly assumed a deal had been done with ken. Apparently not. I don't see the legality of this. Worse, as someone else owed by WeEx, those were shares ukyo had been trying to sell to pay us back another bit for ages.

That's our money being taken off us.

1) active mining are owed by weexchange Australia, not bitfunder and not ukyo personally. You can't take personal items for company debt just like that. There are also a large number of creditors.

2) why did active mining have funds in either place anyway. They should not have been trading shareholder funds and online wallets are no place for private funds. Ukyo, had you just paid them late? What's going on here?

3) are personal funds now involved too? If so, they must be dealt with differently and not conflated. What has already.

There is a legal approach to this that active mining and ken could take, one each for company and private funds. This has not been done or was not successful.

This affects all of us and I implore ken to stop this action immediately and allow ukyo to sell his shares on the proviso that all funds are split to WeEx creditors and ukyo has said he would do voluntarily. It may not be much, but every bit helps. ActiveMinings new announcement may even make them worth more money.

Worst case, activemining just put themselves in the legal firing line. Belize doesn't protect against everything.