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861  Economy / Auctions / Re: 696 ASICMINER shares for auction on: February 08, 2013, 06:38:06 PM
ID   Username   Shares   Price
---ACTIVE BIDS---
34   BLFC Jordan   100   0.4
35   superbit   25   0.4
33   DiabloD3   571   0.38
---OUTBID---
33   DiabloD3   76   0.38
32   BLFC Jordan   100   0.37
31   DiabloD3   696   0.36
17   ineededausername   100   0.35
18   Digigami   50   0.35
30   Evolyn   25   0.35
29   DiabloD3   696   0.34
26   Evolyn   25   0.33
27   Blazr   25   0.33
28   SaintFlow   100   0.33
25   DiabloD3   696   0.32
19   Blazr   25   0.31
20   Vezunchik   232   0.31
21   Evolyn   25   0.31
22   gl_daisy   50   0.31
23   BLFC Jordan   100   0.31
24   SaintFlow   100   0.31
16   Third Way   696   0.3
12   Blazr   25   0.27
13   Digigami   50   0.27
14   superbit   100   0.27
15   Vezunchik   232   0.27
10   iCEBREAKER   25   0.26
11   ineededausername   671   0.26
8   BLFC Jordan   25   0.25
9   BLFC Jordan   696   0.25
7   iCEBREAKER   25   0.21
6   BLFC Jordan   696   0.2
5   HorseRider   696   0.185
4   BLFC Jordan   696   0.175
3   dadj   696   0.15
2   arij   50   0.11
1   mb300sd   696   0.1
862  Economy / Auctions / Re: 696 ASICMINER shares for auction on: February 08, 2013, 01:18:31 AM
---------HIGHEST-----------Amount----Price/Share--
ineededausername1000.35
Digigami500.35
Blazr250.33
Evolyn250.33
DiabloD34960.32
---------------------------------------------------------
----OUTBID----
Vezunchik2320.31
gl_daisy500.31
BLFC Jordan1000.31
SaintFlow1000.31
Third Way140.30
superbit1000.27
iCEBREAKER250.26
BLFC Jordan6710.25
HorseRider6960.185
dadj6960.15
arij500.11
mb300sd6960.10
863  Economy / Auctions / Re: 696 ASICMINER shares for auction on: February 07, 2013, 09:03:57 PM
---------HIGHEST-----------Amount----Price/Share--
ineededausername1000.35
Digigami500.35
DiabloD35460.32
---------------------------------------------------------
----OUTBID----
Blazr250.31
Vezunchik2320.31
Evolyn250.31
gl_daisy500.31
BLFC Jordan1000.31
SaintFlow1000.31
Third Way140.30
superbit1000.27
SaintFlow1000.27
iCEBREAKER250.26
BLFC Jordan6710.25
HorseRider6960.185
dadj6960.15
arij500.11
mb300sd6960.10
864  Economy / Auctions / Re: 696 ASICMINER shares for auction on: February 07, 2013, 04:52:39 PM
---------HIGHEST-----------Amount----Price/Share--
ineededausername1000.35
Digigami500.35
Blazr250.31
Vezunchik2320.31
Evolyn250.31
gl_daisy500.31
BLFC Jordan1000.31
SaintFlow1000.31
Third Way140.30
---------------------------------------------------------
----OUTBID----
superbit1000.27
SaintFlow1000.27
iCEBREAKER250.26
BLFC Jordan6710.25
HorseRider6960.185
dadj6960.15
arij500.11
mb300sd6960.10
865  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: February 07, 2013, 03:25:35 PM


LOLOL

rocket ain't secret anymore!
866  Economy / Speculation / Re: Wall Observer - MtGoxUSD wall movement tracker on: February 07, 2013, 03:19:22 PM
$22
867  Economy / Auctions / Re: 696 ASICMINER shares for auction on: February 07, 2013, 01:14:35 AM
---------HIGHEST-----------Amount----Price/Share--
ineededausername1000.35
Digigami500.35
Blazr250.31
Third Way5210.30
---------------------------------------------------------
----OUTBID----
Blazr250.27
Digigami500.27
superbit1000.27
SaintFlow1000.27
ineededausername 4210.26
iCEBREAKER250.26
BLFC Jordan6710.25
HorseRider6960.185
dadj6960.15
arij500.11
mb300sd6960.10
868  Economy / Auctions / Re: 696 ASICMINER shares for auction on: February 06, 2013, 07:45:12 PM
100 @ .35
869  Economy / Auctions / Re: 696 ASICMINER shares for auction on: February 06, 2013, 05:12:51 PM
Unofficial table

---------CURRENT HIGHEST BIDS-----------Amount----Price/Share--
Blazr250.27
Digigami500.27
superbit1000.27
SaintFlow1000.27
ineededausername 4210.26
---------------------------------------------------------
----OUTBID----
iCEBREAKER250.26
BLFC Jordan6710.25
HorseRider6960.185
dadj6960.15
arij500.11
mb300sd6960.10
870  Economy / Securities / Re: [GLBSE] GIPPT (closing down payback is under going) 86,4735299% paid. on: February 06, 2013, 05:11:50 PM
For getting an interest free loan over a few months he probably used to invest into a HYIP-ponzi and finally paying it back? Roll Eyes

For the record, nothing of the sort happened.  Nobody's money was used in any gamble/risk in any way.
871  Economy / Securities / Re: [GLBSE] GIPPT (closing down payback is under going) 86,4735299% paid. on: February 06, 2013, 12:07:34 AM
With the final payment of 197 BTC, my debt is now 0 BTC Smiley
My apologies that DeaDTerra has not finished the payout on Bitfunder yet for the last payment, but all of you should be fully reimbursed the next time he looks at his wallet.
Thanks for your patience.

--inau
872  Economy / Auctions / Re: 696 ASICMINER shares for auction on: February 05, 2013, 11:17:15 PM
Unofficial table

---------CURRENT HIGHEST BIDS-----------Amount----Price/Share--
Blazr250.27
Digigami500.27
superbit1000.27
ineededausername 5210.26
---------------------------------------------------------
----OUTBID----
iCEBREAKER250.26
BLFC Jordan6710.25
HorseRider6960.185
dadj6960.15
arij500.11
mb300sd6960.10
873  Economy / Auctions / Re: 696 ASICMINER shares for auction on: February 05, 2013, 05:14:41 AM
...
This is 696/400 000 shares of ASICMINER or 0.174% (200 000 sold for funding, 200 000 kept by company)

Info about these shares:
- 10 to 12 TH total planned in early february to mine for shareholders
- 6x increase planned in a second batch
- Further expansion possible
- Share of profit from sale of units
- Ownership of an ASIC manufacter, long-term potential

...

See the full thread: https://bitcointalk.org/index.php?topic=99497


I must have missed something here.  My analysis is:

The Avalon-2 is about (60 GH/s) / $1,500 --> 40 MH/s/$
This offer is (10TH/s) / (200,000 shareholder_shares) --> 50 MH/s/shareholder_share

On the basis of MH/s being equal, and neglecting things that make it not really so:
40 / $ = 50 / shareholder_share --> 50/40 $/shareholder_share

50/40 $/shareholder_share * 1 BTC / $20 --> 0.0625 BTC / shareholder_share

People are bidding 4.3 times this amount.  Why?


You fail to realize in your calculations that:
(0) This is equity, not a mining bond.  That means that our hashrate will perpetually be increasing and we even get income from sales.
(1) Having terahashes now counts.  You can't really buy an Avalon-2 shipping in February.  Even if you could, the market price would be higher than Avalon is charging.  This is just like last year where mining bonds spiked up in price to a reasonable P/E ratio, rather than sitting at their hardware's preorder-value.

Yes, this makes this 4.3 times that amount.  In fact, it makes it many more times that amount, as shown in the other NYAN auction where people paid 0.45 BTC per share.
874  Economy / Auctions / Re: 696 ASICMINER shares for auction on: February 05, 2013, 02:49:09 AM
I forgot the end date. 7 days from the auction start, auction extends for 24h after the last bid.
875  Economy / Auctions / Re: 696 ASICMINER shares for auction on: February 05, 2013, 02:19:56 AM
671 @ .26
876  Economy / Securities / Re: [GLBSE] GIPPT (closing down payback is under going) 86,4735299% paid. on: February 05, 2013, 12:17:58 AM
Another 150 has been sent, and I owe less than 200 BTC now.
877  Economy / Securities / Re: [GLBSE] GIPPT (closing down payback is under going) 86,4735299% paid. on: February 04, 2013, 06:49:06 PM
Debt will probably be finished within this week, thanks for your patience.
--inau
878  Economy / Securities / Re: ASICMINER shares for sale on: February 03, 2013, 02:43:51 PM
You might have better luck in the Auctions forum; usagi sold some shares at a nice price over there.
879  Economy / Securities / Re: [GLBSE] GIPPT (closing down payback is under going) 60.531725% paid. on: February 02, 2013, 08:34:32 PM
If I can find DeaDTerra today, a payment of 350 BTC will begin the final leg of the repayment process.

edit: He should have it now, so a payment of 580 BTC will be sent out today (230 remaining from last time).
880  Economy / Securities / Re: [GLBSE] GIPPT (closing down payback is under going) 60.531725% paid. on: February 02, 2013, 05:13:35 PM
To the doubters:
I haven't posted in months because there hasn't been much of a reason to post.  I don't think some of you comprehend the scale of what I went through.  The collateral fund that was to be used for payments sustained losses, after settlements, of well over 6k BTC.  I had >11k BTC of debt after P-day, and as you can imagine, it was quite depressing to pay that back and it would be even worse if I engaged in useless forum flamewars.  Even after paying over $230k in today's bitcoins (most of which had to be purchased along the way during the rally), I don't know how much reputation I have left, and I haven't been doing too much business in bitcoin-world.  This means that I have stayed and tried to live up to my overwhelming obligations despite almost zero upside, and I think that should be noted.  Although I broke most deadlines, I only have a very (comparatively) small amount of debt left to pay.  Some of you will turn around and mumble things about breaching contracts, and all I have to say is that I sleep well at night knowing that I have done my best to fulfill those contracts, although most of the time I have been late.  Here is an announcement to give some people hope.

Official Announcement
I will be completely closing out my debt by the end of the month.  FWIW, GIPPT holders shall be paid back in full and the asset closed out by March 1, 2013.  I look forward to reentering the community on that date, and perhaps starting a much more financially sound business.  We have all learned a lot from the Pirate default, and we have come far.
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