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281  Economy / Auctions / [AUCTION] ASICMINER - 44 direct shares - 3 days only on: December 12, 2013, 05:32:56 PM
I own 324 direct (not passthrough) ASICMINER shares with address 1kfvp3WayUaNi6qrpWqEG4cwMMAas1zwo (3 entries: 292+29+3).

Up for auction are 44 shares.

Don't panic, if I was bearish, I would sell them all. I need some cash atm.

Starting price: 0.3 BTC
Minimum bid increment per share: 0.01 BTC
No minimum bid quantity.

Please post your bids in the format e.g. 2 @ 0.36.

All bids are binding.

Another bid by the same bidder will replace his previous bid unless stated otherwise.

I reserve the right not to accept bids without giving any reasons. I will also not discuss about that.
E.g. whoever did not honour his bid in SebastianJu's recent auction - please don't even bother to bid here.

I will accept escrow with a reputable forum regular if arranged and paid for by the buyer. But I believe I have already proven to be trustworthy.

Payment is required within 24 hours from end of auction and provision of payment address.

After receipt of payment and winner's BTC address for dividends I will inform the same to friedcat with the request to transfer the shares.

This auction will end earliest on 15/12/2013 at 20:00 h UTC.

Every valid bid placed during the last 5 minutes extends the auction for another 5 minutes (counted from the timestamp of that respective bid).

Forum timestamp applies.

Any dividends received between payment receipt and actual transfer of the shares will be forwarded to the new owner.

In case I missed any info or something is unclear, please feel free to ask.

Happy bidding!  Smiley

message:
Code:
Auction of 44 direct ASICMINER shares by vortex1878, ending 15/12/2013 2000 UTC (plus possible time extensions).

signature:
Code:
IBjQ7n994JG7My2Yy3VcKATZn9gvJ2ZLZWIa/J93UBtcXoK4+RYPcIioQREWJPIRJ4amCfzBaHSPryHhK4xNsn8=
282  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: December 10, 2013, 07:16:04 AM
Already priced in that ridiculously low shareprice. That's why prices go up.
283  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: December 10, 2013, 05:26:55 AM
you would think with the amount of money asicminer makes they could afford 1 person full time to do the PR work. Just greed and being tight ass

this is terrible news, expecting below ipo prices very soon. its over.

Haha. Nice try.  Cheesy
284  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: December 09, 2013, 11:20:53 PM
I'm doing research for a video, does anyone know how you would buy one of these Asicminer Cubes?

Sold out afaik.
285  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: December 09, 2013, 01:10:36 PM
I do disagree. E.g. we have not received the sales of the Cubes as dividends. That those are held back for future costs I consider highly unlikely - as the bankroll for that is massive already.

So it looks like those sales are held back to be stretched over next dividends. Although I have to say that this would be contradicting friedcat's previous statement that income will not be held back (other than to cover future cost) as he leaves it up to the shareholders to decide what to do with their BTC.

Apart from that your calculations are wrong everywhere (no I don't care to give details as just everything is wrong) - I cannot believe you actually ask the question if AM really kept enough BTC to cover future costs. Did you see the financial report? Rhetorical question.

I was used to a much higher quality of your posts. Do you try to buy in cheap with such a pathetic approach? FUD galore...

I'm wondering what AM can do to "fill the void" before Gen3 in March or more likely April?

They've done 1D (USB stick) ,2D (blades), and 3D (cubes) to keep the income coming in with old technology. What's next? More cubes or .... something in 4D perhaps? 4th dimension is time right, so the solution is obviously a time machine to travel 4 months forward to April and get the Gen3 chips populating their lovely new wet datacenter  Grin

If anyone has any sensible suggestions for how AM will fill the 4-month void, love to hear them.

Would put it forward as a question to AM but questions to AM end up in the void as well unfortunately ......  

I think they're stuck with the tech they've got until April. I recall reading something ages ago that their own cost to manufacture was something like $10K/TH. If we assume an average price of $500/btc over the next few months and plug the numbers in that's a manufacturing cost of 0.02btc/GH. Perhaps that manufacturing cost is wrong or perhaps they put in a big order and got a volume discount, but I don't think there's a lot of margin left in the current tech if the Cube is priced at ~0.06btc/GH.

Hopefully they've already withheld enough profits that their NRE costs for Gen 3 are covered as I don't see huge profits ahead in the next few months.

I'm not here for public adulation, so tell me, do you disagree with my conclusion, i.e., tiny profits December-April? If you do, I'd love to hear your argument.
286  Economy / Securities / Re: ASICMINER Speculation Thread on: December 09, 2013, 03:19:05 AM
You seem to be following closer than me. Have you seen such a big buy recently?
287  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: December 09, 2013, 03:07:50 AM
Apart from that your calculations are wrong everywhere (no I don't care to give details as just everything is wrong) - I cannot believe you actually ask the question if AM really kept enough BTC to cover future costs. Did you see the financial report? Rhetorical question.

I was used to a much higher quality of your posts. Do you try to buy in cheap with such a pathetic approach? FUD galore...

I'm wondering what AM can do to "fill the void" before Gen3 in March or more likely April?

They've done 1D (USB stick) ,2D (blades), and 3D (cubes) to keep the income coming in with old technology. What's next? More cubes or .... something in 4D perhaps? 4th dimension is time right, so the solution is obviously a time machine to travel 4 months forward to April and get the Gen3 chips populating their lovely new wet datacenter  Grin

If anyone has any sensible suggestions for how AM will fill the 4-month void, love to hear them.

Would put it forward as a question to AM but questions to AM end up in the void as well unfortunately ......  

I think they're stuck with the tech they've got until April. I recall reading something ages ago that their own cost to manufacture was something like $10K/TH. If we assume an average price of $500/btc over the next few months and plug the numbers in that's a manufacturing cost of 0.02btc/GH. Perhaps that manufacturing cost is wrong or perhaps they put in a big order and got a volume discount, but I don't think there's a lot of margin left in the current tech if the Cube is priced at ~0.06btc/GH.

Hopefully they've already withheld enough profits that their NRE costs for Gen 3 are covered as I don't see huge profits ahead in the next few months.
288  Economy / Securities / Re: ASICMINER Speculation Thread on: December 09, 2013, 02:53:20 AM
Wow. What's going on there on havelock? Insider?
289  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 07, 2013, 02:12:25 AM
WHEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

Going for half as much net worth as yesterday.

why is mark karpeles still alive?

Like... why didn't he forget how to breathe, or why hasn't anyone shot him?

They're both good questions actually.

The latter. Seriously a mystery to me...
290  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 07, 2013, 01:59:56 AM
why is mark karpeles still alive?
291  Economy / Auctions / Re: ## 1320 ASICMINER DIRECT SHARES @0.29[btc] - 7 DAYS AUCTION - ESCROW POSSIBLE ## on: December 04, 2013, 10:57:50 PM
Same here. Successful transaction. Never had the slightest doubt about the trustworthiness of SebastianJu though. Many thanks.
I left positive trust feedback. Appreciate the same.
292  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: December 04, 2013, 08:44:33 PM
I received 3 different div transactions on the same address. Last 2 ones just 10 minutes ago.

So I can confirm that the shares of Seb's recent auction were transferred, too. At least for me.

I have not received the bitfunder cut though.
293  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: November 28, 2013, 02:49:25 AM

there is no auction price yet. my guess: it will end up at 0.6.
  There will be no divs, and likely no news in the next 2 days. Other than drunken bidding, what would cause it to reach close to double the going rate?  I know the champagne is flowing free today, but by Saturday I would expect even the hangover to be mostly gone  Shocked

Thank you. News within the next 2 days would be nice though.

Please don't pop all them bottles yet...
294  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: November 28, 2013, 02:30:50 AM
I seriously hope it drops to .20 tonight:) I want to buy buy buy..I'm almost a board member if that happens!
So you are a millionaire? 0.2 * 5000 * 1000 = 1M. Congratulations.

BTW, it is interesting that the AM1 price now almost exactly follows Seb's auction price. Smiley


Or does sebs auction follow the AM1 price?

there is no auction price yet. my guess: it will end up at 0.6.
295  Economy / Auctions / Re: ## 1320 ASICMINER DIRECT SHARES @0.29[btc] - 7 DAYS AUCTION - ESCROW POSSIBLE ## on: November 28, 2013, 01:54:26 AM
price is crashing on havelock ... 0.285 currently

just a market sell. cheapest is .335 still

seems all stocks are down actually ... maybe people converting to btc and sell due to $1000+ prices

That would be my guess. It happened the last time btc was at 1000.

when was that?

Around last week.
296  Economy / Auctions / Re: ## 1320 ASICMINER DIRECT SHARES @0.29[btc] - 7 DAYS AUCTION - ESCROW POSSIBLE ## on: November 28, 2013, 01:48:09 AM
price is crashing on havelock ... 0.285 currently

just a market sell. cheapest is .335 still

seems all stocks are down actually ... maybe people converting to btc and sell due to $1000+ prices

That would be my guess. It happened the last time btc was at 1000.

when was that?
297  Economy / Auctions / Re: ## 1320 ASICMINER DIRECT SHARES @0.29[btc] - 7 DAYS AUCTION - ESCROW POSSIBLE ## on: November 27, 2013, 11:00:27 PM
3@0.32
298  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: October 08, 2013, 11:35:34 AM
One of the sales addresses received 7000 btc: http://blockchain.info/address/1C7drrrsegauBmhHTCidcHmqdeiFjn8uqb Someone knew this in advance and bought shares, that's the reason of the recent rise. Probably the buyer itself (xD), a seller or someone from the board?

You are a genius.

6.999 BTC is almost 7000 BTC, just 6993.001 less...
299  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: August 29, 2013, 09:11:46 PM
Technically he didn't have to refund such a mistake. I am 0.0005 BTC poorer per share I own because of his damn integrity!

Wow. Congratulations.
300  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: August 22, 2013, 10:16:45 AM
Thanks a lot, Jutarul. I was too lazy to reply to so much bs.  Grin

One thing I would like to add regarding cash holdings: fc had clearly stated he would only deduct necessary expenses from the dividends as and when required and not hold cash. This has been discussed here over and over again.

Too bad we have to deal with so much ignorant fud here...  Undecided
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