One other manufacturer has their "First Batch" listed but they said they were only selling 550 at the beginning so why even make the list?

While this information would be great, it is hardly "hiding" and hardly comparable to other companies.

I think the technical term is "lots and lots".

Most likely the final K.O. punch toward the other companies that are delayed.

Cedivad,

Please do not entertain iCEBREAKER with a reply. He is the scum of this forum, a title he believes is a prestigious one. Everyone that reads this forum and has him ignored appreciates when he is not responded to and especially quoted.

Sadly this type of person is usually found on video games meant for pre-teens/teens. Due to this being "The Internet" they cannot carry on a well mannered or decent conversation.

On the other hand he has spent a lot of money with HashFast/Ice.Drill and is very desperate to keep up the charade, make believing everything is fine and that everyone else is crazy.

While pathetic and extremely funny, he also tries to "Tag Team" with other trolls on the forum despite those trolls also being inside the HashFast thread destroying it and saying the exact same thing everyone else he tries to attack ad hominem.

Now I'm sure you realize the above as quite a few others on this forum do so hopefully I am wasting my time and you have put him on ignore already.

TL;DR Put iCEBREAKER on ignore and move on.

We have to assume he didn't/doesn't currently doesn't have a graphics designer. Probably only a coder that dabbles in design. (Let's hope this is the case :/)
This time around maybe he will plop some money in a decent web template / graphic designer. Well worth it from a credibility standpoint which is one of the most important things in the bitcoin business atmosphere currently.

As long as there is a decent site that can read the "Ledger" and allow for "Trades" then yes this could be a good thing. If the site looks like http://mpex.co/ then no one's going to touch it regardless of the backing of colored coin. Hopefully Ken has a designer looking into it.

I agree, but at least we have information on what that "Should" be so we can speculate just a little more to reality than what has been going around

eASIC NRE was ~1M, the node is 28nm, the masks are paid for already. The 1.4M would go directly toward Wafers/Boards/Components

I estimate eASIC Wafer Costs to be around $12,000 to $15,000 but they could have a considerable markup on them due to them being "In Hand" and "Ready to go".

If anyone knows the size of a Nextreme Chip you can estimate how many chips per wafer fairly easily.

Haven't you learned by now, a few of these "investors" that frequent this thread pick up words they see others use and toss them around in their own posts.

It's hard to have a discussion in this thread because the only vocal people make everyone look like assholes when they have to be constantly corrected.

+1 Rodyland for doing this job. I haven't seen you around but welcome you to come around more often.


A little dramatic but proves my point

Thankfully shareholders have little to no say in the speculation of when to cash out BTC so I particularly won't be entertaining this discussion after this post. But just food for thought, BTC will always go up, it has been shown/proven, however you will never be able to guess what the price point will be in the immediate future so there's no reason to try and "Play the speculation game". As what has always been done in BTC Business, you cash out immediately when you receive the BTC OR you cash out when you need the USD after holding it. It is that simple.

Carry-on!

You cash them in when they are needed regardless of price as at that point, the new mining equipment that comes from that will make more BTC than was cashed out by far.

Speaking of which, it is the third week of November. Some groundbreaking news should be due soon.

Why use USD on a BTC payment with a BTC return?

If we could have paid for these shares in USD (Like miners purchase their gear) then I can see the USD usage but in a strictly BTC environment nope

When Ken receives the shares, he also has a log of the Bitfunder name and Address that they were tied to.

When you go to "Claim" your shares you will likely just have to sign a message http://www.youtube.com/watch?v=3oxM9_OCQKM

It's a very easy process, some web wallets make it even easier to sign but honestly just follow the youtube video.

Even if you mess up for whatever reason, your shares are still attached to that wallet, dividends will go to that wallet until you do submit a signed message that is correct.

There's nothing to worry about.

Let's look at it this way,

Current Jupiter's are making roughly $2,000/Week at current BTC prices. What does this value the machine at? Most likely more than $8,000 which is greater than it's original value. BTC is going up so the machines worth in USD will continue to hover around the purchase price.

In 6 month from now if BTC price continues to escalate at the same rate as difficulty or great, you will have close to the BTC you could have purchased at the time AND a machine that has value. That's how I see it, the machine will always maintain some sort of value as long as BTC/USD price increases. Plus it's much more fun to mine than hold coin

You are fine, ~650GH delivered by first week of december will make over 17.4BTC in it's lifetime most likely, that's what matters right?

http://www.bloomberg.com/news/2013-11-18/u-s-agencies-to-say-bitcoins-offer-legitimate-benefits.html

BTCChina Fees:
2. Fees
Most Bitcoin trading platforms worldwide charge a percentage fee in trading commission, however BTC China has announced to offer zero transaction fee since September 24, 2013 to provide a better experience for our users.

Huge Volume on that Exchange - China pushing BTC hard



We'll see $1,000 before the end of the year, possibly even more.


Coinbase already sold out of it's daily BTC today (Not even Noon yet and they have a fairly large supply to sell out)

Agreed, just some have differences with Luke-Jr and I'd hate that to effect Eligius as a choice.

False, it is run by wizkid057. Luke helps and hangs out in the Eligius IRC channel.

You do understand as the price goes up, we have more reason to mine for ourselves than sell equipment at the $100/BTC equipment price points currently on the website?

A 25TH Unit (Base Unit + Full Expansion Case) would bring in ~265BTC in December Alone.
The cost of one of these is ~$140k (26BTC Profit for whoever buys it now, IF shipped by december 1st)

The price of BTC is only going up, I'd be surprised if it didn't pass $1,000 by the end of the year considering China's push and http://www.bloomberg.com/news/2013-11-18/u-s-agencies-to-say-bitcoins-offer-legitimate-benefits.html

Again with Coinbase's 500 Coin Daily Sell Limit getting this changed into fiat for spending on more equipment would be a simple and painless process.

Either way though it is exciting.

Edit: Should do the AM Strategy and only sell what we can't put online ourselves, in stock, at price points that reflect the immediate market value.
Hell the only reason AM *Sold* equipment was because they would have taken too much of the network at the beginning, they needed to spread it out as to not cause a panic. I doubt this issue will happen with ActM considering the amount of hashrate currently out there but I wouldn't mind a problem like that