I'm assuming AMC only used that delivery name and address as a formality, possibly before this new company was even conceived. The annual report is likely meaningless. Could just be that the guy runs a mining biz on the side and realized that being formally incorporated was overkill. I dunno... I do agree that AMC as an asset covers a lot of areas (mining, dev, etc), making themselves a target for skepticism, and that they should find a way to segment things better. But hey, maybe that's why the asset has been frozen all weekend... Anyway, wouldn't you say that AMC cannot represent a real security, as that would be illegal in the US. Isn't this all just "virtual" trading?  Why am I chiming in? Mostly because the passive-aggressive marketing/bickering between BTCT and BF on features, assets, volume, etc, is nonsense. You both thrive off of each other, and the more time either of you spend focusing on the other, the less time you spend actually getting shit done so I can make more money using your systems  |
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Indeed, I snagged some of these shares for well below face value with some lucky timing.
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So, whats was the payout per share this dividend? Had some shares come in at the last second, wanted to verify everything went through.
for me it was 0.00750846 per share So the dividend should be extra low this Wednesday as it only covers half a week, much like this one today. I guess the first 'normal' full week dividend will be on Wednesday the 3rd of April. No way to know for sure without Friedcat saying so. |
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Update
Status
This week's dividends will be paid twice. The first is to pay the rest of the 0.1BTC/share, that is 0.00750846BTC/share. The second is to start the normal payment which splits proportionally between ASICMINER and Bitfountain.
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0.0000001% is not attractive at all and would clearly kill the traded value of the stock.
She probably wasn't being literal, just pointing out that any rate of gain is "a good thing". Not necessarily good enough in any situation. |
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They use their liquidity monopoly to be just more negligent.
Maybe they are doing it on purpose, driving price down with a broken suggested price. |
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I recently moved some of my shares to BitFunder's G.ASICMINER-PT and since there is some interest on this topic I'll try to help clarifying. Process is like follows: - create a BitFunder account (ensure to enable 2FA)
- request transfer of your ASICMINER shares to DeaDTerra's address 1Ep3QFm5uqfoqPMG4HKq6yauMhdtyQTAsG (CC your transfer request to g.asicminer.pt@gmail.com)
- as soon as friedcat confirms transfer, the equivalent amount of G.ASICMINER-PT are transferred to your BitFunder account
- when dividends are paid, DeaDTerra will forward the full amount to your account (no fees, earnings are equivalent to holding ASICMINER shares)
- if for any reason you want your ASICMINER shares back, you send G.ASICMINER-PT shares in blocks of 250 to DeaDTerra and he transfers the equivalent amount of ASICMINER shares back to you
I can recommend this PT to anybody who wishes to trade for several reasons, namely - it costs you nothing
- DeaDTerra is a highly reputable and trustworthy community member and fund manager
- Ukto is equally serious, plus technically highly versed and very security aware
Disclaimer: this is my personal view only and in no way a statement of preference of G.ASICMINER-PT over burnside's PT. I ended at BitFunder mostly because I had already an existing account there. Great summary, thank you. I still have my shares with friedcat, but I'm pretty sure I'll be doing this soon too. DT and Ukyo have been great with my all my other requests so far. Hard to beat that they aren't taking any extra fees too! |
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If you order now from BFL, isn't the estimated delivery like late summer?
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Any pointers on where to trade shares?
bitfunder.com btct.com |
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Get an extra card, or use less intensive settings. GUIminer comes with options like that.
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Is it normal that my computer gets really slow during mining?
I'm using reaper for a HD7850, about 600 kH/s.
And I've disabled CPU mining.
Yes it's normal, you're taxing your video processing capability and using your RAM. |
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SDICE profit is gonna be all delicious donuts this month.
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I'm just hoping the new hashing doesn't turn into a BFL moving target kinda thing.
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I am happy to announce that we now have 15 307 Shares in the PT  //DeaDTerra So that means if/when Bitfountain gives the ASIC machines to the comunity ... this pass-through would operate 3 of them, right? Nope, just 1. |
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Can you clarify your estimated dates for increased hashing? Next month is only a week away and we don't know whether you are talking about getting to 12TH, 15TH or 60TH or what when? Thank you sir!
Next batch is at least 50TH/s, which will be assembled and available in the early or middle of next month. Before that we have to gather more employees to form a deploying team because it's nearly a magnitude larger. We also have to deploy the rest of the first batch during this period (between now and the time next batch arrives) with or without new members to the company. And this is estimation. We had somehow missed of the chips production cycle (actual arriving date: late December, estimated: late October to November) and the production/deploying cycle (actual deploying date: still going on, estimated: within March). Unexpected things happen, but we are fully aware of the reason of delays of the first batch and avoided the most in the next one. Thanks for the added info, much appreciated  |
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Can you clarify your estimated dates for increased hashing? Next month is only a week away and we don't know whether you are talking about getting to 12TH, 15TH or 60TH or what when? Thank you sir!
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Friedcat, will there be an update this week?
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Litecoin clearly topped on the 20th, and has been crashing. In fact, all the alt coins seem to have followed the same script. I think this is important - it means the speculative juices have maxxed out on those markets. Bitcoin is bigger and taking longer, but I fail to see why it won't eventually follow suit.
Another interesting thing that I've noticed is this tendency for people to claim that "bitcoin does well when bad things happen in the world". This same argument has been used for gold. And yet, so far, the charts tell the opposite story: bitcoin does well when stocks and general financial speculation are high (such as the high in 2011, which perfectly matched the high in the US small caps/large caps ratio), and goes down when speculative fever does. So far when the economy worsens, people want cash, and not gold or bitcoins.
Things could change for sure, but I'm just pointing out the hard, cold evidence thus far doesn't match the kinds of fundamental arguments I'm hearing based on past market activity. They sure sound good and logical on paper though, I won't argue with that
Litecoin is not that kind of indicator, since it's main purpose is to buy bitcoin. Litecoin cannot be stable unless bitcoin is stable. Also, litecoin value is highly manipulated by its whales. |
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I really don't get why one of the established exchanges isn't being used. Seems like the shares in the passthroughs work just fine.
I'd say it's because they aren't really established. Other than MPEx they have only been around for a few months, and have relatively low trade volumes. Bitfountain has a fine dividend system in place, and we have the option of using BTC-TC and Bitfunder to trade our shares if we want to take that risk. Bitfunder has about 640btc 24hr volume right now, probly not as high as mpex, but nothing to sneeze at. |
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