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1301  Economy / Auctions / Re: [Auction] 48-hour - 21 ASICMiner shares - 3.9 btc on: August 16, 2013, 02:52:55 AM
Timer removed. End time: 2013-08-17+20:00:00EDT
1302  Economy / Auctions / Re: [Auction] 48-hour - 21 ASICMiner shares - 3.9 btc on: August 16, 2013, 12:10:16 AM
Address:
Quote
1MNTY7m8s4jeJmVHuvhhC2pzNRmDNQLbap

Signature:
Quote
G+n0m8/vH1vAof/XGSGDoQtAEKm6G0DmjVdDdfeAADxxXB5Mgos00ChWCA+ipFPi/9fD+DFBwB9VaMPWBXAME8s=

Message:
Quote
I, TheAndy500 on bitcointalk.org, am selling 21 ASICMiner shares in the post https://bitcointalk.org/index.php?topic=274603.0.  Now I'm going to buy a meatball sub at Subway.
1303  Economy / Auctions / [Auction] 48-hour - 21 ASICMiner shares - 3.9 btc on: August 15, 2013, 11:48:28 PM
Regretfully I must sell my direct ASICMiner shares.  As of this writing, you can get 21 shares on btct.co for just over 3.9.  SO I will start the bidding at 3.9.

I will NOT be asking friedcat to verify for two reasons:

1) I got all my shares in auctions on this site, so you can find them if you really want to
2) That's what escrow is for.  If you don't trust me, use escrow.

I will, however, sign a message after this one with the address.  My dividend address is 1MNTY7m8s4jeJmVHuvhhC2pzNRmDNQLbap.

Rundown:

Starting bid: 3.9
Minimum increment: 0.05
Escrow: at buyer's expense
End time: 8 PM EST Saturday, August 17, 2013
1304  Other / Beginners & Help / Re: ASICMiner hash rate on: August 13, 2013, 09:46:32 PM
Do not click links on the forums unless you are protected.

Always wear a condom. 
1305  Other / Beginners & Help / Re: ASICMiner hash rate on: August 13, 2013, 09:17:00 PM

It totally answered my question, too.  What a helpful guy he is.
1306  Other / Beginners & Help / ASICMiner hash rate on: August 13, 2013, 05:57:28 PM
I seem to remember there being a target hash rate for ASICMiner, but I can't find it.  So I guess that makes two questions:

A) Does ASICMiner have a target hash rate (as a % of the global hash rate)?
B) Is the reality close to the target?
1307  Economy / Auctions / Re: 471 ASICMINER direct shares, fixed price, 4.18 each share on: August 11, 2013, 10:18:18 PM
Andy you cannot compare this to a real stock.  In bitcoin world risk of fraud is high, recourse it low, the currency value erratic and the business here is very unique.  Everypne is competing for a piece of the same pie.  As more and more ASICs, which are more and more efficient, flood the market, it gets more doubtful ASICMiner can maintian their percentage of the global hashrate.  The new IPOs and all the new proposed hardware have spooked investors - as they should.

Sure I can.  I just did.  But you're somewhat right, because I forgot how there's absolutely no risk involved in real stocks.  Also, I've heard all of these negative things for months and so far pretty much nothing has changed.  I keep passing go and collecting $200 every month.  Though I do think I got all my shares for under 3BTC.
1308  Economy / Auctions / Re: 471 ASICMINER direct shares, fixed price, 4.18 each share on: August 11, 2013, 03:20:36 PM
People finally realised 8% dividends for a year weren't worth it? LOL
Dividend APR is over 30% now, and that's without the sales revenue from this new hardware. Where on earth did you pull 8% from?

^ That's true.

90d    0.32633731   34.63%

And 8% would be a pretty sick yearly dividend anyway.  Am I the only person on here who owns real stocks too?
1309  Economy / Auctions / Re: 350 Direct Shares AsicMiner Available on: August 07, 2013, 02:20:28 PM
Bitslame,
   You should have accepted by bid when I offered it. With the way Asicminer is tanking, you are not going to find a better one anytime soon.  Looks like the beginning of a selling panic in the midst - only news tomorrow that exceeds expectations will offset it.  Then again, friedcat has done that many times before, so I would not be surprised. By Thursday this will either be well under 3.5 or back up close to 4.0

He should panic sell because people are going to panic sell?  Good one.
1310  Economy / Auctions / Re: 350 Direct Shares AsicMiner Available on: August 04, 2013, 05:09:29 PM
you should set a lower starting bid, considering the current market price, any way, interested and reserved Smiley
He has a lot of shares to sell and I am offering him liquidity.  It is very fair considering the auction ends on August 13th and bids are not retractable.  In 9 days when the auction ends the shares could be trading for significantly less on the exchanges and I will still be required to honor my bid per the terms of the auction. 

As long as you understand he has no obligation to sell to you, since your bid isn't 4.5 or more.
1311  Economy / Auctions / Re: 350 Direct Shares AsicMiner Available on: August 04, 2013, 03:13:37 AM
You're doing it wrong.

On BTCT there are 329 shares available for purchase at or below 4.5 btc at an average share price of 4.342. Not sure who is doing it wrong.



I'm not sure how that makes a 3.5 bid reasonable.  If the starting bid is 4.5 and you bid 3.5, you're doing it wrong.
1312  Economy / Auctions / Re: 350 Direct Shares AsicMiner Available on: August 04, 2013, 02:07:03 AM
Please place the bids following the format: price@amount-of-shares
3.5BTC@350 shares

You're doing it wrong.
1313  Other / Beginners & Help / Encryption/Bitcoin question on: August 02, 2013, 08:30:31 PM
http://www.technologyreview.com/news/517781/math-advances-raise-the-prospect-of-an-internet-security-crisis/

Can somebody smarter than me explain how or if this would affect Bitcoin?
1314  Other / Meta / Re: Unfair traders of auctions on: July 30, 2013, 12:47:32 AM
Apparently people are ready to do literally whatever it takes to get their hands on an ASIC miner. I've got news for you, I ordered and paid these units over a year ago. That's long before you even knew about bitcoin. There's no way I will listen to an idiot like you and make my decision based on your suggestions. Go home, son.

I'm not even going to respond to your insults-based-on-how-long-I've-been-registered-on-a-forum.  But you're accusing him of doing "literally whatever it takes"?  You mean like bidding on an auction?  Seriously? 
1315  Other / Meta / Re: Unfair traders of auctions on: July 29, 2013, 10:07:19 PM
Do you honestly think that I should be in the same category with Pirate, Clipse and all the other assholes who have actually stolen something.

Yes

I value my reputation and it's a shame that this thread even exists. I would really like to resolve this with OP but how? I don't feel like selling anything to him after this public lynching. I'm open to suggestions.

Here's a suggestion: Send him what he rightfully won in the auction.  Your excuses are both bull.  You say the starting bid is X, he bids X, that's a valid bid.  You're the only person who is having trouble with that concept.  As for "private bids", you can just make that up.  "Oh I don't like the result of my auction, I'll just say I had a private bid for more."
1316  Other / Meta / Re: Unfair traders of auctions on: July 29, 2013, 12:52:34 AM
Looks like you won to me.  Give him some negative feedback.
1317  Economy / Auctions / Re: [WTS] BFL Jalapeno 4.5GH/s Instant Delivery on: July 20, 2013, 03:27:34 AM
The thread title is very misleading.

How can you possibly provide instant delivery if you haven't even received the Jalapeno from BFL yet?

How could he provide instant delivery even if he had it?  Unless he was your neighbor.
1318  Other / Beginners & Help / Re: Why bitcoin price dropped ? on: July 08, 2013, 08:43:14 PM
It's certainly lower than the running average for the past month.

Which is just as arbitrary.  Those who want to believe that the price is falling choose arbitrary starting points to prove their point.  It is just as possible to choose arbitrary starting points to disprove the point.  How is it doing when compared to 24 hour running average?

Sorry, that's my bad.  I applied my knowledge of the recent drop to infer context for OP's question.  I also assumed everybody else lived in the same world.

It sounds like you're rationalizing.

As are you.

This doesn't make sense.  Objectively, Bitcoin is down from its RECENT rolling average.  Your 1 year/24 hour/year-to-date seemed to be biased in Bitcoin's favor, which is why I suggested it was rationalizing. 
1319  Other / Beginners & Help / Re: Why bitcoin price dropped ? on: July 08, 2013, 08:17:39 PM
Dropped?

A year ago the high for the day was $6.88 per bitcoin.  Today the low so far was $72.5.  Sounds like an increase of $65.62 (853.78%) to me.

Perhaps you just meant since the beginning of this year (2013)?  Lets see...
Jan.1 the high for the day was $13.56.  Nope that's an increase of $58.94 (334.66%).

Maybe you meant the past 24 hours?
24 hours ago the exchange rate was $71.5.  At the moment the rate is $78.  That's in increase of 9% over 24 hours.

Perhaps you are just choosing an arbitrary time in the past when it just happened to be higher and comparing it to a lower value?
In that case, I'd say it dropped because you chose a time in the past when the exchange rate was higher.

No more arbitrary than year-to-date, one year, or 24 hours.  It's certainly lower than the running average for the past month.  It sounds like you're rationalizing.
1320  Economy / Auctions / Re: 20 Direct AsicMiner shares @4.6 on: July 05, 2013, 05:18:30 PM
hi, TheAndy500.

What u say should base the fact! The mass has bright eyes.
If u want to buy shares from rb1205 in the other thread, u should bid early.

best regards.

innovation


It's just absurd.  How long is he supposed to hold your shares waiting for confirmation?  If Friedcat doesn't get around to it for a month, do you think he should hold your shares for a month?  It's ridiculous. 
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