A search on 08e58cdf30c57b59117f3cf497bd288d3f0600823ae41a4491adaa42368fc275 at blockchain.info does not find anything so am not sure exactly what that means but you might want to contact their support.

  50 @1.44

ID   Username   Shares   Price
---ACTIVE BIDS---
163   malin   2   1.47
158   dbasql   2   1.45
167   fhh   35   1.44
153   lostmoogle   2   1.43
161   SilentSonicBoom   2   1.41
164   SilentSonicBoom   5   1.41
168   Aajo   22   1.41
169   pangu   3   1.41
170   tkone   25   1.41
137   Cozzie   50   1.4
148   bitcoiner49er   1   1.4
149   shbtc   1   1.4
152   rottenchris   10   1.4
156   eastpk   10   1.4
160   SilentSonicBoom   2   1.4
162   nlive   100   1.4
165   nlive   28   1.4

All bids must be 1.42 from this point on

63 shares left at the 1.39 price level, I wouldn't recommend staying down there though, you will probably be outbid.
After that, 135 shares left at 1.40.

I'm somewhat convinced you have no idea what you are saying.

Right now, you are claiming that somewhere in a Chinese web page is evidence that Dr Zhang is involved in highly dubious and most likely criminal activities and that the result is what we're seeing with ASICMiner's success.

If that is so, and you can provide evidence it is so, then ASICMiner would suffer a catastrophic crash once this evidence came to light. That is why what you are saying is extremely serious, and if there is such evidence, that it is extremely important that you help us find and interpret that evidence.

Can you provide us with a link to a specific web page, Chinese or otherwise, that backs up your claims?

If not, I suggest you calm down, stop making such accusations or at least realize that it is the one that makes a claim that bears the burden of evidence, and then come back in a while.

Please understand that we're only trying to find out whether there is any shred of truth in your claims, not attack you.

.b

I think I have the right to discuss my opinion as long as this forum is a place for everyone to exchange their opinion....I just think ASIC price will increase and give my assumption.....this just assumption....don't be stupid and put rude language.. why, you are so angry? because you are take part of this ???anyway ...i just ignoring you you are so rude and kind of funny......

Yeah. As China has the same size of the farm where you come from. Don't you think it might be wiser to just shut up if you have no clue what you are talking about?!

You accuse people of conspiracy. What are your "assumptions" based on - except incest on your little farm that lead to mental challenges and these accusations?

If there is any truth or even remote possibility of this, it would seriously undermine ASICMiner, not help it as you seem to imply. The assumption you're making is that AM is not competitive without the covert and highly unethical behavior from a competitor's insiders.

In fact, just the mere mention of something like this is serious and an accusation that could taint Dr Zhang for a long time.

Unless you have any shred of evidence of these claims, I suggest you withdraw this claim immediately for your own benefit, for the sake of ASICMiner, and of course, as an apology to Dr Zhang.

.b

If there is any truth or even remote possibility of this, it would seriously undermine ASICMiner, not help it as you seem to imply. The assumption you're making is that AM is not competitive without the covert and highly unethical behavior from a competitor's insiders.

In fact, just the mere mention of something like this is serious and an accusation that could taint Dr Zhang for a long time.

Unless you have any shred of evidence of these claims, I suggest you withdraw this claim immediately for your own benefit, for the sake of ASICMiner, and of course, as an apology to Dr Zhang.

.b

holy cow!  the ask price on BTCT is 1.48!  

bitfunder is the only place to find whole shares under 1.4 right now, isn't it?

A total of 7.64874425 BTC has been issued in dividends to shareholders early (figure does not included nebulus' and DeLorean's share of that, but they have been paid too), and I have asked friedcat to do the AM transfer for those two.

Everyone else can resume sending me DMC shares in exchange for AM shares.

BTCMC is isn't trading, but a value of BTC0.5915 per share can be inferred from the premium DMC trades for over 1/11 AM:
0.1745 * 11 = 1.9195
1.9195 - 1.328 = BTC0.5915 implied BTCMC value.

I have 110 shares, so that's BTC6.5065 worth of BTCMC.  At present, that's $741.55!

If I trade in my DMC shares, when and how will I be compensated for the value of their BTCMC component?

I seriously suggest if you look how startups are invested. They frequently do not finish paying off what they owe for a significant period of time and frequently often the time they become profitable.

May has not paid a dividend yet, so no, no shares have been bought back for May yet. That will happen later this month.

1) 405.34 to 680.34 BTC were still owed as of the end of April. Using a 1.1 BTC value per ASICMINER share and 246 ASICMINER shares have already been traded (our largest shareholder took choice A), an additional 270.60 BTC has been paid back. At minimum 123 and at maximum 373 shares of ASICMINER clears what was originally invested into DMC. There are still 382 ASICMINER shares, worth 420.20 BTC, left. There was between 1691 and 1966 BTC invested into DMC. That is between a 21% and 25% return on investment.

tl;dr: You made a profit, and you will continue to make a profit with ASICMINER shares.

2) I was participating in a buyback because I was hoping there could be a smooth transition from DMC 1.0 to 2.0, and there cannot be one. nefario gave out a lot of bad advice saying that he got it from his lawyer. I do not believe he had a lawyer, and I believe he acted in bad faith. We collectively pay the penalty for that.

3) I believe BTCMC has been a failure because yochdog relied on BFL units that may never arrived, and if they do they may not turn a profit by the time they arrive. There is no equity, the assets BTCMC holds are worthless (again, if they exist at all, BFL has not sufficiently proved they have the capacity to produce units), and BTCMC is not currently being traded.

4 and 5) This entire thing isn't fair, the whole 9 yards. DMC was supposed to be a company that would show off the strengths of Bitcoin, and thanks to nefario it cannot get there from here. You are getting a better deal out of it, you now can own ASICMINER shares directly and reap all of the dividend instead of half.

Also, this has been a common request to put the deal back on the table now that ASICMINER is not starting a trading platform and relying on the passthrus instead. You have been outvoted by the majority of shareholders on this one.

I'm sorry they dragged you over here.

1) Oops, thought it was 50k. My bad.
2) Yes, you do. No one was disputing this.
3) I do not think BFL will deliver in a timescale that will not see the combined effort of Avalon and ASICMINER make BFL units not worth even a fraction of what everyone paid for them.
4) Yes, but they will still not pay for themselves and will likely pay very little to DMC.


I think exclude DMC's shares on BTCMC, that  currently there are 10657 shares of DMC on trade.. and it is means 10657/1000. each 10.657 shares equal to 1 shares of ASICMINER, it means if all shares had agree that subscribe 11 for 1 , then total you only send out 968, and another 32 is still in your hand.. I think you did not use the dividend from MAY to buy back any shares.. this amount also another 18.367 bitcoin. to be fair enough ,this policy is just push people to alows you take assets from them...and about choice B , five years maturity time just ridiculos. I hope if you are honesty people. You should spend this dividend first to buy back some shares, until total shares become 10K in total, then give a choice which is 10 shares of DMC for 1 Shares of ASICMINER....it would be mre fair...as I really didn't see any current amount of shares had decrease yet, since last dividend.

In 60 days, DMC will no longer be honoring shares that have not taken either choice A or choice B. There are several users who have NOT claimed their shares on BitFunder, in 60 days from this date if you have not claimed them and traded them for ASICMINER or been added to the list for conversion into DMC 2.0 bonds, they will no longer be valid.

Choice A: 11 shares of DMC for 1 share of ASICMINER, whole integer amounts only.
Friedcat hasn't put ASICMINER shares onto an exchange because of the passthrus, and I think everyone is tired of waiting.

If you intend to take advantage of this offer, use https://bitfunder.com/transactions and send a multiple of 11 DMC shares to Diablo-D3, and then PM on the forum and give me the email and Bitcoin address you want friedcat to use.

Choice B: Trade 1.0 shares in for 2.0 bonds
The exact wording for the bond has not been worked out yet, but the offer will be for a zero-coupon original issue discount 5 or 10 year callable bond, or in English, it will not pay dividends and will be sold for less than the face value and you will get paid back in 5 or 10 years unless they are paid back in full at an earlier time at the company's choosing.

The bonds will earn an equivalent of 15% APY, 20% APY if paid in BTC or DMC share trades.

15% APY for 5 years: $100 -> $201.14
15% APY for 10 years: $100 -> $404.56
20% APY for 5 years: $100 -> $248.83
20% APY for 10 years: $100 -> $619.17

Due to the massive fluctuation of BTC prices and the finer details of US Federal law, bonds will be denominated in USD. However, I will still accept payment for the bonds in BTC, and at the maturity date any bonds paid in BTC or DMC shares will be paid in BTC according to the market price of BTC on that date.

I will be offering a credit of 0.5 BTC per share of DMC towards a DMC 2.0 bond.

If you intend to take advantage of this offer, please PM me so I can add you to the list of people who are interested. If, at any time in the future you wish to take choice A instead, even after the 60 day period, you may do so.