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641  Economy / Speculation / Demands for Bitcoins on: May 10, 2012, 07:09:37 AM

What do you think? Cheesy
642  Other / Off-topic / Re: Little known facts about myself/yourself. on: May 09, 2012, 11:15:10 AM
I have many years of experience of an exotic programming language.
643  Bitcoin / Bitcoin Discussion / Re: The best new Bitcoin idea from China! on: May 09, 2012, 09:14:32 AM
Alipay does not allow payments to be used for Currency exchange.
If you contact someone privately,  they will likely sell you Bitcoinica credit for Alipay.

I think the reason Alipay does not allow this kind of payments, is because it fears the involved government regulation. Alipay is too large a target.
It is very unlikely that the right partner company in China exists at all.
644  Economy / Securities / Re: [GLBSE] μ - Bitcoin Venture Capital (Asset ID "MU", 2nd Round Public Offering!) on: May 09, 2012, 03:48:33 AM
Weekly Financial Disclosure

Time: 11:04 AM, Beijing time
Date: May 09, 2012

Funds of Last Week: 137.699 BTC

Newly Raised Funds: 842.841 BTC

Assets:

BitBond
Original: 148shares 88.504BTC
Bought in: 597shares 364.397BTC
Average Holding Price: (88.504+364.397)/(148+597)=0.608BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 148+597-0=745shares 452.901BTC
Net Gain: 0.000BTC
Dividends Paid: 1.520BTC

Gigamining
Original: 36shares 47.160BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 1.310BTC
Sold: 36shares 56.592*(1-0.5%)=56.309BTC
Average Selling Price: 1.564BTC
Holding: 36+0-36=0shares 0.000
Net Gain: 56.309-47.160=9.149
Dividends Paid: 0.000BTC

BDK
Original: 150shares 9.900BTC
Bought in: 0shares 0.000BTC
Average Holding Price: 0.066BTC
Sold: 84shares 16.716*(1-0.5%)=16.632BTC
Average Selling Price: 0.198BTC
Holding: 150+0-84=66shares 4.356BTC
Net Gain: (0.198-0.066)*84=11.088BTC
Dividends Paid: 0.141BTC

JLP-BMD
Original: 200shares 50.000BTC
Bought in: 508shares 126.892BTC
Average Holding Price: (50.000+126.892)/(200+508)=0.250BTC
Sold: 0shares 0.000BTC
Average Selling Price: N/A
Holding: 200+508-0=708shares 176.892BTC
Net Gain: 0.000BTC
Dividends Paid: 1.346BTC

Cognitive
Original: 0shares 0.000BTC
Bought in: 300shares 156.300BTC
Average Holding Price: (0.000+156.300)/(0+300)=0.521BTC
Sold: 30shares 16.500BTC
Average Selling Price: 0.55BTC
Holding: 0+300-30=270shares 140.670BTC
Net Gain: (0.55-0.521)*30=0.870BTC
Dividends Paid: 0.000BTC

PPT.C
Original: 0shares 0.000BTC
Bought in: 77shares 83.161BTC
Average Holding Price: (0.000+83.161)/(0+77)=1.080BTC
Sold: 77shares 88.935*(1-0.5%)=88.490
Average Selling Price: 1.149
Holding: 0+77-77=0shares 0.000BTC
Net Gain: 88.490-83.161=5.329BTC
Dividends Paid: 0.000BTC

Holding Funds=
137.699+842.841-364.397+0.000+1.520-0.000+56.309+0.000-0.000+16.632+0.141-
126.892+0.000+1.346-156.300+16.500+0.000-83.161+88.490=430.728BTC

Total Net Gain=
0.000+1.520+9.149+0.000+11.088+0.141+0.000+1.346+0.870+0.000+5.329+0.000=29.443BTC

Calculated Dividends: 29.443*100%=29.443BTC (100% dividends during fundraising)

Usable Funds: 430.728-29.443=401.285BTC

Actual Dividends: 29.443614BTC (For Adjusting the rounding errors)

NAV: 401.285+270*0.537+745*0.625+66*0.14+708*0.249=1197.432BTC
Weekly NAV growth: N/A (expansion stage)
645  Economy / Securities / Re: [GLBSE] Bitbond 82Gh/s - the only 105% PPS mining bond on: May 08, 2012, 11:27:01 AM
Bitbond is the largest asset on GLBSE and the largest mining bond.

I guess gigavps would say otherwise. Grin

I am certainly not in a race with Amazingrando. I have a huge amount of respect for him and the operation that he has put together. He is one of the best in the business.

I agree.  Gigavps has a great operation and is a true pro.  We're not so much competing as wanting to see each other go as far as possible.

Well, I was just kidding. No instigation was intended. Smiley
646  Economy / Securities / Re: [GLBSE] Mining Company Operating with 3.36 GHash/s - JLP-BMD on: May 08, 2012, 08:10:25 AM
Dividends paid!

13.06428572 BTC paid to 6,874 for a total of 0.00190053 BTC per share!

Also ordered another 7970 today...waiting until funds clear from dwolla to order the last one...and the motherboard/processor/power supply comes in today, and the first 7970 tomorrow...I should have something working by Wednesday night.

Great, does this mean we will have Rig 3 running with at least one video card, within a week? Smiley
647  Economy / Securities / Re: [GLBSE] μ - Bitcoin Venture Capital (Asset ID "MU", 2nd Round Public Offering!) on: May 07, 2012, 11:31:36 AM
Update

During the last 24 hours, all of the private offering shares are pre-ordered, and more than half of the public offering shares are sold out.

Catch them if you can. Cheesy
648  Local / 中文 (Chinese) / Re: Bitcoin meetup in Shenzhen China 深圳 on: May 07, 2012, 07:10:00 AM
Would there be some videos or text records of your meeting? I'm not able to get to Shenzhen, but I definitely will like to know what will have been going on there. Smiley
649  Bitcoin / Hardware / Re: FPGA development board "Lancelot" - official discussion thread. on: May 07, 2012, 06:33:39 AM
1 MH/$ is way less than I expected, but still very good!

Expect a rally of mining difficulty, guys. Grin
650  Economy / Securities / Re: [GLBSE] Bitbond 82Gh/s - the only 105% PPS mining bond on: May 07, 2012, 04:06:06 AM
Bitbond is the largest asset on GLBSE and the largest mining bond.

I guess gigavps would say otherwise. Grin
651  Economy / Securities / Re: [GLBSE] TEEK Funds - An experiment in crowdsourced loans and p2p economics. on: May 07, 2012, 02:35:31 AM
I noticed that there are three of your IPOs on their way in GLBSE. Besides TEEK.A and TEEK.B, I saw TEEK. Is it like PPT.x vs PPT? If so, could we invest in this one and share the return rates of not TEEK.x's, but yours? Thanks.
652  Economy / Securities / Re: [GLBSE] μ - Bitcoin Venture Capital (Asset ID "MU", 2nd Round Public Offering!) on: May 06, 2012, 11:34:43 AM
Update

The public offering already starts! Get yourself a part of μ on GLBSE, and profit! Cheesy
653  Economy / Securities / Re: [GLBSE] μ - Bitcoin Venture Capital (Asset ID "MU", 2nd Round Public Offering!) on: May 05, 2012, 03:27:27 PM
Update

The second round public offering will soon be released. For further information, please read the OP. Smiley
654  Economy / Securities / Re: [GLBSE] μ - Bitcoin Venture Capital (Asset ID "MU") on: May 05, 2012, 02:10:03 AM
Update

Three motions have been raised. The contents in two of them were mentioned before in this thread, but since we did not get many replies towards them, we finally decided to create corresponding motions.

All of the three motions are passed.

ID 19: Yay-132 Nay-41
ID 20: Yay-613 Nay-42
ID 21: Yay-660 Nay-3

The numbers of total votes are relatively low, however. We guess it's because some people are not familiar with the new look of GLBSE and some have missed the message in this thread. Nevertheless, we also have already contacted some of our major shareholders, and got their approvals.

Our plans according to the motions will be announced soon, and the actual actions will be taken later than the notification.
655  Economy / Securities / Re: [GLBSE] μ - Bitcoin Venture Capital (Asset ID "MU") on: May 04, 2012, 11:30:42 AM
The MU Index for GLBSE

40.02 (kBTC)
203.72 (kDollar)

BTC Price: 5.090$

TyGrr-Bot
  Category: Long Term Bond
  Business: Arbitraging
  Shares in Circulation: 7122
  Avg Price: 1.097BTC
  Total Value: 7812.834BTC
  Total Value in Dollar: 39767.325$

PureMining
  Category: Perpetual Bond
  Business: Mining
  Shares in Circulation: 10000
  Avg Price: 0.441BTC
  Total Value: 4410.000BTC
  Total Value in Dollar: 22446.900$

GigaMining
  Category: Perpetual Bond
  Business: Mining
  Shares in Circulation: 10000
  Avg Price: 1.506BTC
  Total Value: 15060.000BTC
  Total Value in Dollar: 76655.400$

Cognitive
  Category: Stock
  Business: Mining
  Shares in Circulation: 5000
  Avg Price: 0.581BTC
  Total Value: 2905.000BTC
  Total Value in Dollar: 14786.450$

FPGA.contract
  Category: Stock
  Business: Mining
  Shares in Circulation: 6000
  Avg Price: 0.355BTC
  Total Value: 2130.000BTC
  Total Value in Dollar: 10841.700$

BFLS
  Category: Stock
  Business: Mining
  Shares in Circulation: 2000
  Avg Price: 1.250BTC
  Total Value: 2500.000BTC
  Total Value in Dollar: 12725.000$

BMMO
  Category: Stock
  Business: Mining
  Shares in Circulation: 6620
  Avg Price: 0.364BTC
  Total Value: 2409.680BTC
  Total Value in Dollar: 12265.271$

SS
  Category: Stock
  Business: Fund
  Shares in Circulation: 610
  Avg Price: 2.485BTC
  Total Value: 1515.850BTC
  Total Value in Dollar: 7715.677$

MU
  Category: Stock
  Business: Fund
  Shares in Circulation: 3000
  Avg Price: 0.427BTC
  Total Value: 1281.000BTC
  Total Value in Dollar: 6520.290$
656  Local / 中文 (Chinese) / Re: How to buy BTC for RMB or USD in China? on: May 04, 2012, 07:24:46 AM
你好,我是外国人。我住在中国,要买BTC有RMB和USD。怎么办?我不知道中国的网址。请你告诉我

www.btcchina.com
657  Bitcoin / Hardware / Re: FPGA development board "Icarus" - DisContinued/ important announcement on: May 03, 2012, 02:10:06 PM
i come to tell everyone i'm still alive.  Grin

good Grin

Any update on the new product?

will post a new thread to public the updates this week.  Grin
I am anxious to see it. Please post a link to it in here so we can all see when its up.

Anxious to see it too. I'm expecting the MH/$ of BFL/GPU and the MH/J of Icarus/ztex. Grin
658  Economy / Securities / Re: [GLBSE] μ - Bitcoin Venture Capital (Asset ID "MU") on: May 03, 2012, 01:44:52 PM
Okay video is being processed but fully uploaded and available for view when requested.

Placed your company in a positive lite as a future stop for bitcoin business owners looking to generate start up capital. Also shed some light on Diablo Mining's mining venture.

Here's the link: http://www.youtube.com/watch?v=8axlbBh3nMk

Enjoy!

Thank you very much! I didn't expect someone will be so kind to do advertisement on youtube for us. I'll watch it. Smiley

At this moment, we are rather small and our funds are limited, so startups might not be getting very much from us. But if our second round fundraising is doing well, we may be able to be interesting to new startups. But we want to emphasis again here as in the OP when μ was created, that it is better for you to get our funds to first pretend that we do not exist, try to introduce your company well on the forums or your own webpages, and raise funds on GLBSE. It will both reduce your cost of asking and our cost of investigation.
659  Bitcoin / Hardware / Re: FPGA development board "Icarus" - DisContinued/ important announcement on: May 02, 2012, 02:36:40 PM
It's the so-called Golden Week in China, a 7 day national holiday. ngzhang is probably chilling with his family right now.


It had been already shortened to 3 days from 2008. But the holiday of early October still lasts for 7 days.
660  Economy / Securities / Re: [GLBSE] μ - Bitcoin Venture Capital (Asset ID "MU") on: May 02, 2012, 01:43:27 PM
Update

As everyone can see from our financial report, in the last two weeks our weekly ROI exceeded 5% with respect to the IPO price. This is close to the highest return rates in the Bitcoin world, and what makes us special is that we are recklessly open with our financial data.

Someone may say this kind of high return rates couldn't last forever. Of course it won't, or it only takes 330.4 weeks (less than six and a half years) for our fund to consume all of the 21 million Bitcoins. Such a speedy growth has to slow down in the future, and the question is when.

We ourselves are very optimistic towards μ. The reasons of high return rates include some luck, of course. But more importantly, it's the evolution of GLBSE, the thriving of new startups, and the relatively high return rates of mining, that contributes much more to our profits. We believe that none of these conditions will change in a short time, so expect a fast and steady growth. Smiley

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