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Hey Burnside hate to nag ya because I'm sure you're aware and working on the lag problem, but do you have any ETA on when things will be working? I need to request a manual withdrawal and haven't been able to access the wallet (btct.com/transfers) for over an hour.
Is it a DDOS attack or just overload from ASICMINER trading?
thanks
Pretty sure it's DDoS... working on it... Working for me now. You're the man, burnside.  |
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BlackLilac your quote is wrong, he was asking for the trade fees which have nothing to do with the stock terms. Here is the right quote for reference: What fees are there for using BTC Trading Corp?
We currently have the following fee structure:
Trades using 2FA (Buyer): 0.2% (Trade Value X 0.002)
Trades using 2FA (Seller): 0.2% (Trade Value X 0.002)
Trades not using 2FA (Buyer): 0.25% (Trade Value X 0.0025)
Trades not using 2FA (Seller): 0.25% (Trade Value X 0.0025)
Ah sorry, thought the terms had the fees. Thanks. |
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Gah, I want to reinvest my dividens too. Quick question since I cannot access their website. What are the fees that I pay when I use BTC-TC to buy ASICMiner shares.
Terms for Burnside's 100% ASICMINER passthrough: This asset is a pass-through for ASICMINER, the ASIC MINING company.
IPO Terms
For each ASICMINER-PT, one ASICMINER will be purchased from a private party with whom the issuer has a contracted call option for 1000 ASICMINER shares lasting until April 4, 2013.
The purchase from the contracted private party will be done via escrow. If the purchase fails or any part of the IPO is unsuccessful all ASICMINER-PT shares purchased will be bought back by the issuer unless the issuer is able to secure another seller.
Post-IPO Terms
For each ASICMINER-PT, one ASICMINER will be held on file with Friedcat until such time as ASICMINER is listed on a public exchange.
Once ASICMINER is listed on a public exchange, one ASICMINER will be held on such exchange for each ASICMINER-PT.
As long as burnside owns 51% or more of BTC Trading Corp there will be no management fee.
If burnside's ownership of BTC Trading Corp drops below 51%, A management fee of 0.5% will be levied on each dividend payment.
Payment of dividends is to be made within 2 weeks of their issuance from ASICMINER.
Dividend payments made more than 72 hours after their issuance from ASICMINER will be paid 100% of the original ASICMINER dividend.
Each share has no voting rights.
More pass-through shares can be issued, provided there is sufficient backing. For example, if there is sufficient demand, the issuer may attempt to contractually secure more call options for ASICMINER purchases.
Transfer
Transfers in and out of the passthru are supported. Such transfers can take some time, due to the manual nature.
One transfer OUT OF ASICMINER-PT will be processed free once per month per account. Subsequent transfers within the same month OUT OF ASICMINER-PT are subject to a fee of 0.25 BTC for transfers of 49 shares or less.
Transfers OUT OF ASICMINER-PT are always free for any transfer of 50 shares or more.
Transfers IN TO ASICMINER-PT from elsewhere are free for any size transfer.
Asset Termination
Should the issuer of ASICMINER terminate the asset, any funds received through this asset termination will be distributed in full without any fee taken.
During the IPO process should we become unable to secure ASICMINER shares to back ASICMINER-PT the asset will be terminated and all ASICMINER-PT shares will be bought back at the IPO price.
The issuer reserves the right to close down the asset with a 30 day warning. Should this right be exercised, every reasonable attempt will be made to transfer the assets into the direct control of the ASICMINER-PT shareholders using the methods described in the Transfer section above. (but with no fee) Any shareholders the issuer is unable to contact or unable to transfer the shares for within a 90 day window will receive a forced buyout at market prices at the end of 90 days following the closure.
Should the issuer of ASICMINER choose to list ASICMINER on the BTC-TC exchange this asset will be terminated and the ASICMINER-PT shares will be automatically redeemed on the exchange for ASICMINER shares.
Exclusion of Guarantees
This pass-through makes no further guarantee shall any issues arise with ASICMINER's issuer. Should ASICMINER issuers requires any fees/process to claim shares arising from any issue/event, fees will be paid in full in the name of the pass-through holders from future dividends. |
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Hey Burnside hate to nag ya because I'm sure you're aware and working on the lag problem, but do you have any ETA on when things will be working? I need to request a manual withdrawal and haven't been able to access the wallet (btct.com/transfers) for over an hour.
Is it a DDOS attack or just overload from ASICMINER trading?
thanks
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pardon quietness fellas, this cold is doing a nice litle loopdey loo on my brains.
if anyone wants to cancel their order and refund it, i don't see it a problem. pm me and john.
If that happens and you need someone to buy another 2-3 units, I will take them. Feel better. I have the exact same thing going on right now, it sucks. |
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Has anyone received a response from emailing yet? Just curious as to what kind of wait time I should be expecting.
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Is there a place to find an ideal configuration for these things once they arrive? What type of fan and case to use, etc.
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These are unlikely to break even in under 6 months. Maybe 12 months. That's too long a time frame for my investment comforts.
Then don't buy any! More for the rest of us. |
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My vote is for faster shipping over testing as well.
+1 |
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In that case you might also want to look at the speculation and alt-currency boards.
Thanks, I might do so! BTW, why do you have a photo of me as your avatar?
Lol, do we look alike? Because that's me. (or maybe is this some sort of joke? mmmh...) No, that was my cousin's wedding in 2009. well this isn't creepy at all. haha yep that's a weird one... |
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Markup of 5500% would even make Apple blush. It's like BFL being able to make a Jalapeno for $4.98.
The joke being that they can't even do it for $49,800?  Exactly. People who want ASICMINER to sell products for below market value don't quite "get" business. What would be market value? for a blade? or for a usb stick? what fools would pay for it or what it is really worth? for the sake of argument a usb stick at 300Mh/s earns .01497 BTC which is 133 days to break even at 2 BTC and 0 power 134 days to make a profit? That would be a phenomenal return here on planet earth, but I think it will take longer due to difficulty increases. What "fools" pay for it sets the market value. How do you determine what it's "really worth"? Who decides, you? The Politburo? Enlighten me please. |
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My guess would have to be August or September.
hahahahahaha, nice guess! BFL stock holder/sock puppet? There is no evidence whatsoever that even first day pre-orders will ship by then. |
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The U.S.
ie: Make an exchange that accepts U.S. domestic wires and bank deposits
Yes it seems that CampBx is the only US exchange although I suppose Coinbase is sort of one. But being able to get your money in and out easily is great. CampBix makes it very easy with Dwolla which is why I like them, even with low trading volume. What about Tradehill? |
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Markup of 5500% would even make Apple blush. It's like BFL being able to make a Jalapeno for $4.98.
The joke being that they can't even do it for $49,800? Exactly. People who want ASICMINER to sell products for below market value don't quite "get" business. |
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Is this where we place bets on when you d/k on your debts?  |
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Another theft? No surprise. Never trust your coins to an anonymous source.
Even if they start out with honest operators, they can be bought out by a dishonest party for a high price compared to site revenues, and that new operator can just walk away with the coins.
If your Bitcoins aren't in an address that only you have the private key to, you don't really have any Bitcoins.
Sorry to all who lost out in this (and all past and future) scams.
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The funny thing about Bitcoin is that you believed it, if only for a second. This week I was laid up in the hospital for a couple days basically incommunicado... I just assumed that the price had fallen to $80, shot up to $200, and then dropped again while I was sleeping. This is not a market for the lighthearted. |
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Reserved for extension of contents.
The USB stick miner is going to bring BitCoin to the masses, beyond the geeks and hardcore or occasional miners. This will make it mainstream. Make this THE toy to buy for Christmas!!! Congrats on making history! How good Christmas present it would be if you stick it t the back of your pc and and let it mine? Where is the fun in that? Are you going to stare at it all day long and wait for blue led blinks? At the end of the day it is a tool to mine and it always will be. It cant be used for anything else. It will only make to mainstream if its priced right ($40-$50) a pop. How many people from outside bitcoin community will be willing to pay over $200 for it? Well not many as I have already spoken to people about it and reaction is almost the same.. to expensive. Wait a year and they will go for $40 ;-) Of course they will be cheap in a year, but each of our USBs will have mined ~ 2.5 - 3 Bitcoins by then. |
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55.5 assuming we can use John K. as escrow.
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