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I think this is a good post. I hope this continues
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I'd argue the blockchain is supposed to do whatever people can do with it. Anything unwanted is a design flaw, not a user flaw.
+1 if this kind of transaction bothers anyone, he should press for mandatory fees or something like that, but as long as the protocol allows it, then you should blame the protocol. The catch here is ASICMINER is quite capable of including their own txids into blocks to ensure they are submitted. Which imho there is nothing wrong with, they are doing the work and as many have said can include whatever txids the protocol can support. I completely agree and was going to say the same thing. |
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The owner of this site helped me through the recent site maintenance. A few errors cropped up which he quickly and transparently took care of.
Just a thumbs up.
Thank you for the compliment we do strive for excellence in our customer service. Have yet to have an unsatisfied player yet! And yes captcha is coming! |
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Bitcoin may be the closing thing that I have to a religion.
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Burnside should reimburse TAT for the glitch in his system and say it's a gift for using BTCTC  This is the only answer that makes sense. However, just deducting the amount from peoples accounts also makes sense. Even if some people withdrew the dividends and still hold shares, if thier account can go into the negative this will work. If there are a few that ran away with the dividend and sold shares, so be it. This is the partial share pass through anyway, we arnt talking about wild amounts bitcoins here. I think deducting from peoples accounts will get back a large amount of the double dividend. |
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I guess with the 5% fee on the PT, you can afford it.
lol, Do you realize that I haven't made 13.8btc from all the 5% dividends in 4 weeks combined since I opened shop? I also had application fees of 5btc on BTCT. I'm not saying I don't make a profit, but please understand how small 5% div-mgmt fee really is. Why would you pay for it.. If it was a glitch in btct system they should just eat the loss. Its not thaatttt many bitcoins |
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0.02653753 per share !
Wow huge increase from last week. |
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trolltalk.org: Where BFL_Josh, MPoE-PR, The boogie man and Lophie lurks....  lolll |
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But he admits that he holds bitcoins
I thought this was a little bizaar myself. |
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My understanding was that these two currencies had two totally different purposes.
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Maintenance is done and the site is now running on an entirely revamped database and backend. I was up all night testing as much as I could to ensure a smooth transition, and so far everything is working as expected. This should be the end of double-buys or any other intermittent quirky payment behavior.
New with this update are counters displayed on the front page for total number of owners and bitcoins paid out since the Bitcoin Gem's inception. The list of previous owners is also displayed in a table format to make it more readable. There are a few more changes coming on the way that should improve the overall user experience as well, but I'll hold off on those until I make sure there are no kinks with the current setup.
Thanks for your patience and business.
The new update appears to be running extremely smoothly! Thanks again for the hard work, Sangaman! |
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Keep us updated on the status of the passthrough dividends, if they have not been sent. Thanks DeadTerra
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0.02084164!  Excellent! |
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I suggest putting a captcha on the buying mechanism, so bots cant do crap
We have discussed this upgrade and we will be introducing an enhancement to make playing easier in the earlier rounds. We will be rolling out a large upgrade in the near future. Stay tuned.. |
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If your going to play a chaingame, play the one that everyone else plays: bitcoingem.com |
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Bitcoin gem restart now  Bitcoin Gem? I love the fake posters in this thread... Anyway, if anyone wants to the original chaingame with the most traffic: bitcoingem.comWe dont use blockchain, so we have none of the problems associated with it. |
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Update
The mass production of Block Erupter USB is to be done today. Busy testing and packaging will start.
About the argument of dividend payments, our view is that we will distribute the net income after necessary costs are excluded and funds for foreseeable future (expansion, gen-2 chips) are reserved. Bitcoin is already an investment itself having a great potential. Any investment, no matter how profitable, based on "turning Bitcoins to fiat first" requires double consideration. We can invest the RMBs to bonds and they are almost bound to be more profitable than just holding the RMBs, but we can never say the same to Bitcoins.
So we feel that it is most responsible to let the shareholders decide how to do with the abundant Bitcoins. We will of course find other investments (which are focused on helping the Bitcoin economy therefore benefit all Bitcoin holders), but they are all involved in different risk and return model than a mining/mining hardware company. The shareholders of ASICMINER are in principle not supposed to bear the new different risks on doing other business than Bitfountain's. So if there are new investments, they will be as new adventures, in new collaboration structures, and after a significant period of time since ASICMINER is always the most important job for us to do before the company could gradually run itself with a little less founder involvement.
I think this is the best policy. Thanks Friedcat for the update |
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You heard it here first: 0.03622241 per share!
PS Nice work SmiGueL, you were spot on!
Holy cow, largest dividend ever? Unreal, great call SmiGuel |
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The pricing is precisely in line with what the market has dictated. Refer to the past 3 auction threads for information on this rather than stating that you believe this is overpriced.
Simple economics people.
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