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85
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Economy / Securities / Re: S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx
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on: April 20, 2013, 08:07:27 PM
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What is there to understand? don't you send a bet to a Bitcoin address? the betting system relies on Bitcoin network only. The satoshidice.com frontend website serves only to see some stats and to copy down the betting address, which is also available elsewhere like blockchain.info
Right, so your explanation is that people typically write down their favorite Bitcoin addresses and monitor the blockchain for the outcome. I would have expected S.DICE was a more mainstream thing for impulse gamblers, as in find satoshidice.com, buy bitcoins, bet them, repeat. But you won't get any new users and with the influx of new accounts being opened at all exchanges (mtgox, bitstamp etc) it would be great if the website was up and running ! And Voorhees coming here to explain what is happening wouldn't be too much to ask. He created this thread to get investors, so please keep them updated through this same thread.... But what we are saying is that once you find satoshidice.com and bet, the address is saved in your client and you can keep doing the repeat part without going back to the website. |
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86
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Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
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on: April 20, 2013, 12:05:34 PM
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If auctioning mode continues to be THE way for ASICMINER to sell hardware, a proprietary platform may actually make sense this time.
Friedcat stated the whole point of running auctions for a few weeks is to establish a pricing point for mass 'buyatthisprice' selling of blades.... So a proprietary auctionplatform might be overdone, especially since we are still waiting on their proprietary exchange..... |
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87
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Economy / Auctions / Re: ASICMINER Auction: 10 Block Erupter Blades -ended-
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on: April 20, 2013, 12:03:19 PM
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I am curious to see if next weeks auction will yield the same results, or if we have to wait till the 3rd auction to see the prices come down.
I dont think this auction will be representative of a fair pricing point which asicminer can use as a benchmark for selling any TH amount of blades.....
AM don't have to find a "fair pricing" since all miners will be sold via auctions. Thus all sold prices are "fair" for the winners of the auction. Not all miners will be sold through auctions. Friedcat stated that the whole point of a couple of auctions running over the course of a few weeks, is to decide a price point at which to offer a buyatthisprice batch much much larger than the auctions, if they decide to sell (which they will if deployment is stagnating due to 50% hashrate being reached or datacenter capacity problems) |
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88
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Economy / Auctions / Re: ASICMINER Auction: 10 Block Erupter Blades -ended-
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on: April 20, 2013, 10:35:04 AM
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I am curious to see if next weeks auction will yield the same results, or if we have to wait till the 3rd auction to see the prices come down.
I dont think this auction will be representative of a fair pricing point which asicminer can use as a benchmark for selling any TH amount of blades.....
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89
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Economy / Securities / Re: [BTCTC][[ASICMINER-PT]] - Public trading of ASICMINER shares
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on: April 19, 2013, 10:21:35 PM
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I have a feeling the stock is going to get WINGS today after Friedcats announcement on the ASICMINER thread reg. blades, USB miners en-route. I still don't think 'the public' (well, the small forum attending BTC interested public) has understood that ASICMINER not only now is a major hardware manufacturer, a virtual bank, a mining operation likely to mine a majority of all remaining BTC at this rate and a dividend paying investment.
Feel free to buy my 50 shares at 1.45 :-) (shameless plug to sell out!) |
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90
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Economy / Auctions / Re: ASICMINER Auction: 10 Block Erupter Blades
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on: April 18, 2013, 11:34:16 AM
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Please remove my bid , I have an opportunity to get Avalon #2 product @ better $/GHs .
I'll put my coins there.
Sorry for this.
Happy bidding everybody
I am pretty sure you can't remove bids in an auction thread.... |
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92
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Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
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on: April 17, 2013, 12:10:36 PM
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Btc-tc last trades were @ 1.45.
That would be me ! Selling that is  You sold too soon, share value has increased 50% to 100% value since the auction announcement. As of 7:00 AM CST: BTCT - 1.75 BTC/share BF - 1.25 BTC/share Plus today being dividend day, Wednesday is off to a damn good start! Sold some @ 1.60 as well ! Keep selling higher and higher  |
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94
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Economy / Auctions / Re: ASICMINER Auction: 10 Block Erupter Blades
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on: April 17, 2013, 10:44:12 AM
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(6.6 + 5.5 + 4.6 + 3.9 + 3.3) + (2.8 + 2.4 + 2.0 + 1.7 + 1,4)
= 23.9 + 10.3
= 34.2
So, based on Kano's prediction, 23.9 btc earned in first 3 months, and another 10.3 earned in next 3 months. Total 34.2 btc over next 6 months. Assuming BFL ships 0 units in next 6 months.
Good luck.
Looks like people who are paying 30-40K for Avalon are not calculated risk takers ? But what do I know. Even if btc goes to 1000 usd / btc, someone is better off just holding onto btc itself - not to mention what happens if it goes to usd 10. 16% difficulty rise is not sustainable :-) This calculation predicts difficulty 40M after 6 months and total hashrate around 280-300TH/s. I don't think that will happen. Asicminer itself has 200TH/s coming out of the foundry in the next few weeks.... those auctioned units are part of that 200TH/s It still means total hashrate will be around 300 TH..... either because they are mining with them themselves.... or because their customers are.... So that means 300 TH without BFL in about 2 - 3 months time |
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96
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Economy / Auctions / Re: ASICMINER Auction: 10 Block Erupter Blades
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on: April 17, 2013, 10:37:01 AM
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(6.6 + 5.5 + 4.6 + 3.9 + 3.3) + (2.8 + 2.4 + 2.0 + 1.7 + 1,4)
= 23.9 + 10.3
= 34.2
So, based on Kano's prediction, 23.9 btc earned in first 3 months, and another 10.3 earned in next 3 months. Total 34.2 btc over next 6 months. Assuming BFL ships 0 units in next 6 months.
Good luck.
Looks like people who are paying 30-40K for Avalon are not calculated risk takers ? But what do I know. Even if btc goes to 1000 usd / btc, someone is better off just holding onto btc itself - not to mention what happens if it goes to usd 10. 16% difficulty rise is not sustainable :-) This calculation predicts difficulty 40M after 6 months and total hashrate around 280-300TH/s. I don't think that will happen. Asicminer itself has 200TH/s coming out of the foundry in the next few weeks.... |
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97
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Economy / Auctions / Re: ASICMINER Auction: 10 Block Erupter Blades
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on: April 17, 2013, 09:24:13 AM
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Well, an on-hand Avalon batch 1 goes for around 3-40k, which is around 470~BTC for 63 Gh/s. By this logic, the fair price for a 10GH/s device like this would be around 80~BTC.
shhhhhhhhh They only went for 30K - 40K because BTC was trading @$200+ You mine BTC with them, not $, so my guess is with BTC being down over 60%, the prices of those Avalons will also be down 60% |
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100
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Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
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on: April 14, 2013, 01:58:04 PM
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I don't think ASICminer devices will be able to sell for the price Avalons fetch re-sale price, simply because ASICminer will deliver the moment you buy Avalon was the only game in town, with a limited supply. Asicminer will change that and hence will drive the price down. Especially if they sell off 200 TH/s.... optimizing revenue is game theory, so let the games begin |
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