What do you think?
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I have many years of experience of an exotic programming language.
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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.
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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)
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Bitbond is the largest asset on GLBSE and the largest mining bond.
I guess gigavps would say otherwise. 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.
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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?
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UpdateDuring 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.
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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.
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1 MH/$ is way less than I expected, but still very good! Expect a rally of mining difficulty, guys.
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Bitbond is the largest asset on GLBSE and the largest mining bond.
I guess gigavps would say otherwise.
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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.
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UpdateThe public offering already starts! Get yourself a part of μ on GLBSE, and profit!
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UpdateThe second round public offering will soon be released. For further information, please read the OP.
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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.
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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$
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i come to tell everyone i'm still alive. good Any update on the new product? will post a new thread to public the updates this week. 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.
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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=8axlbBh3nMkEnjoy! Thank you very much! I didn't expect someone will be so kind to do advertisement on youtube for us. I'll watch it. 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.
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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.
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UpdateAs 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.
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