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601  Economy / Speculation / Re: I am about to do something massivley stupid on: August 03, 2013, 08:51:52 PM
If he bought in March, I think he's ahead by quite a bit.  Hope you are putting your coins to good use and earn some interest on them.
602  Economy / Trading Discussion / Re: Canadian Having Difficulty Buying Bitcoin on: August 03, 2013, 08:08:07 PM
Anyone know what happened to libertybit, if they are still alive?
603  Economy / Trading Discussion / Re: Canadian Having Difficulty Buying Bitcoin on: August 03, 2013, 08:04:14 PM
canadianbitcoins used to be 'ok' in that you can deposit cash at the bank and all you provide is an email address - the spread and prices are so-so.  But I think they've changed now.
604  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: August 03, 2013, 07:58:53 PM
I'm shocked that everyone drags this down to a very personal level. This is worse than the LAB IPO thread.

Mabsark, you're included. A lie is defined as a false statement to a person or group made by another person or group who knows it is not the whole truth, intentionally. I totally get your point like stated above, but I do not think that his beviour is intentionally malicious and exaggerated statements only fuel the fire.

VE, remember how shit went down when Ken set up the second wall without a prior announcement? Everyone freaked out for a pretty good reason. Now those delays seem very minor in comparison, but the inner essence remains the same. Just imagine your stack would end up in tender-limbo. That would suck, wouldn't it? I know you would call Ken and talk things out, but that's your way to deal with it. Please don't get me wrong, this is not an attack, but an appeal for more emphathy - even if it seems negatable.

I'm playing devil's advocate now and point out a worst case scenario and the consequences of this discussion: we esentially don't know how many shares are stuck in tender, do we? And rageing at everyone who points out an issue will only result in less people raising their voice. I really don't think this is the case, but I want to make sure that everyone understands where this could lead to.

I advise both sides to take a step back. We all have the same goal here and should work together to accomplish this.

+1

I've shares in limbo too ...
605  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 03, 2013, 12:34:09 PM
103.15 proven to be a fake wall, after getting 500 coins dump, the rest of the bid pull away.
606  Economy / Securities / Re: [BF and BTCT] Gamma SatoshiDICE Pass Through on: August 03, 2013, 11:55:55 AM
glad it's over. don't have to put up with it.
607  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 03, 2013, 11:43:25 AM
It is not true that the bid side on Bitstamp is weak, there is much hidden power behind, especially since most of the buys are driven by Bifinex.

Bitfinex allows both short and long.  But I think the margin trade is running out of money for people to borrow.
608  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: August 03, 2013, 02:31:41 AM
Dividends are paid on bitfunder ( 0.00000574 per share). I just received mine  Cool

I tendered about 4000+ shares of AMC on Monday, they still have not been converted to ActiveMining.  Tried forum pm + email to the tender share email address, no replies.  Suggestions?  I don't have his number and would refrain from calling if possible.
609  Local / 中文 (Chinese) / Re: 796交易所IPO已于16:30分结束,感谢支持! on: August 02, 2013, 04:25:13 PM
什么时候退還折扣?
610  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: August 02, 2013, 03:42:46 PM
I see this orphan, tx fee discussions as red herring.  Tx fee are insignificant relative to block reward.  Even if that tx fee becomes huge and ASICMINER solo mining is unable to capture them, it can always be limited to a couple of percent by pointing to mining pools again.

There's now technical / manufacturing issue (delay of blades) and potentially supply chain / demand forecast issue (USB ran out of stocks) - those are far more critical.
611  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 02, 2013, 01:40:08 PM
I believe coins are showing up on the ask at gox again.  Would love to see the bid sum / ask sum graph.
612  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: August 02, 2013, 12:51:43 PM
Are new blades shipping now or does this mean something else?

http://ttbit.sinaapp.com/t/62

Quote
最新消息:由于某种未知原因,本来应该昨天发货的刀片,今天才能发过来,刚刚收到的消息。快则明天,慢则后天到达淘比特。
By rockxie at 3小时前 • 51次点击

终于有希望了,感谢rockxie,您辛苦了!
alesan at 2.7小时前

那就是星期一才能开始发货了,只能无语!
aiobox at 2.7小时前

@aiobox 顺利的话明天发,如果顺丰耽搁一天,就是后天(周日)发。
rockxie at 2.5小时前
Quote
Latest news: For some unknown reason, the blade should have been shipped yesterday, today, to send over, just received the news. Fast is tomorrow, then the day after tomorrow to reach Amoy bit slower.
By rockxie at 3 hours ago • 51 views

Finally there is hope, thanks rockxie, your hard work!
alesan at 2.7 hours ago

That is to begin shipping on Monday, only silent!
aiobox at 2.7 hours ago

@ aiobox goes well tomorrow, hair, if SF delayed one day, that is, the day after tomorrow (Sunday) hair.
rockxie at 2.5 hours ago

Those are the pre-order.  they are being filled with old blades base on posts on Chinese sites.
613  Economy / Securities / Re: ASICMINER Speculation Thread on: August 02, 2013, 05:17:47 AM
Good to see that ASICMINER back to 19% on blocks solved.
614  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 02, 2013, 03:00:31 AM
the gap between mtgox and bitstamp is closing, that's interesting.
615  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: August 01, 2013, 10:41:51 PM
far more interested in info new blades and hardware franchising than on orphan blocks / lack of transactions.
616  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore on: August 01, 2013, 04:04:56 PM
There has to be a way to arbitrage and take advantage of this $10 difference in price! Just sitting around and watching this opportunity is making me sick.

It's not true arbitrage as money does not flow freely out of gox.
617  Local / 中文 (Chinese) / Re: 796交易所IPO已于16:30分结束,感谢支持! on: August 01, 2013, 04:01:40 PM
何時恢復交易?
618  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: August 01, 2013, 05:36:29 AM
I did some simple math to figure out the Annual Return rate on dividends once we have 6TH/S up and running.

First of all, lets make two assumptions in this scenerio:
.005 share price
Avalon clones are up and running in September
Difficulty doubles in 1 month from now (~60,000,000)

Ken would mine 50 BTC/day over a 24 hour period
or 350 BTC/week

350 BTC / 10,000,000 shares = .000035BTC / share weekly dividend

.000035BTC x 52 weeks = .00182BTC/share annual dividend total


.00182BTC/share anually is 36.4%



Okay, now that we have established 36.4% Annual Return, I'm going to describe why I fucking love this number.
36.4% annual return in bitcoin land is what we would expect from a company based on what they currently have, in this case it will be the Avalon clones about a month from now. 

What I'm saying is that, even if this eASIC project were to be flushed down the shitter at this very moment, we could survive with a very healthy return on the Avalons alone!

This is why I view the eASIC deal as ICING ON THE CAKE.  We're not talking about your regular icing, though.  We're talking about 100 feet of thick creamy frosty icing with hundred dollar bills sticking out.   

This is one hell of a fucking cake, ladies and gentlemen. 






though I hold shares and bullish, above view is a bit simplistic.  The diff when Avalon clones ready will likely be higher than 60 mil, in addition, the stated yield only holds if diff maintained at 60 mil for 52 weeks.  Most of the value is from the eASIC project.
619  Economy / Securities / Re: ActiveMining Overview and Speculation Thread on: July 31, 2013, 06:30:20 PM


no seriously, wtf is going on?

(S) 9 @ 0.36050000 BASIC-MINING
(S) 4 @ 0.38510000 COGNITIVE
(S) 14 @ 0.03860000 TAT.ASICMINER
(S) 25 @ 0.00421000 ACTIVEMINING
(S) 5 @ 3.80100000 ASICMINER-PT

Abandon all ships!

is it because bitcoin price is going up?

Because people are jumping on the Labcoin IPO hypetrain (selling existing assets to free up funds), hoping for a quick multiplication of the IPO price.

I do think that higher BTCUSD prices have something to do with it.
620  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: July 31, 2013, 06:22:03 PM
Any one receive their new ActiveMining shares after tendering AMC?  I tender on Monday, sent PM and email.  Nothing yet.
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