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41  Local / Alt Coins (India) / Re: Whats the deal with this so called "IndianCoin" ? on: May 12, 2013, 07:02:55 AM
yes.. i m sure we will come up with a much more organised and useful coin in due time but this IndianCoin is just going to be pumped and dumped hard if it hits any exchange... so many altcoins propping up...geez!

I like it a bit to be honest.

1 week prior notification. No blocks mined. Mid difficulty at start and then smooths out means no 'premining' for sometime.

hmm..interesting... its just that he should have atleast mentioned it here in courtesy.

42  Local / Alt Coins (India) / Re: Whats the deal with this so called "IndianCoin" ? on: May 12, 2013, 06:40:56 AM
yes.. i m sure we will come up with a much more organised and useful coin in due time but this IndianCoin is just going to be pumped and dumped hard if it hits any exchange... so many altcoins propping up...geez!
43  Local / Alt Coins (India) / Whats the deal with this so called "IndianCoin" ? on: May 12, 2013, 06:18:44 AM
So this guy is announcing launch of IndianCoin in alternate crypto section. If it has anything to do with India  he should have at least mentioned it in our section... Whats happening here? its like CNC all over again..

https://bitcointalk.org/index.php?topic=200727.0
44  Local / India / Re: ASICMINER shares.. on: May 11, 2013, 10:08:09 AM
0.006??? on the charts its 0.01 BTC per week..

Dividend depends on how much they have mined. Its not fixed. It will change every week.

Cheers

So, how is it fixed? Is there any way to precalculate?

Sorry for being lazy and not doing my own research Smiley

Say there are total 100 shares. You own N share. Last week they were able to mine 100 BTC, you will get (( 100 BTC - Operating fees ) /100 ) * N

Now the 100 BTC they mine may change to 90 BTC or 120 BTC per week depending on the hashing power they have that week or simply the amount they can mine.

Also they keep some amount from each share as reserve to upgrade the hashing capabilities.

The shares you have are Passthrough which means you are not dealing with FriedCat directly. You are dealing with some one who has bought Asicminer shares from Friedcat and created security from those shares.

Cheers

thanks...nicely explained ....

To get a an idea about dividend projections for next week ..check
https://bitcointalk.org/index.php?topic=197545.msg2074784#msg2074784

Is there any resource online that gives you the exact TH at that point in time?

i would also like to know about the same. For now i keep looking at friedcat's updates..

You already have what most of us didnt knew when the shares were initially sold Smiley

i did get in quite early and am happy with the progress.....it has a long way to go considering the recent success and future potential.. Smiley     
45  Local / India / Re: ASICMINER shares.. on: May 11, 2013, 09:51:26 AM
0.006??? on the charts its 0.01 BTC per week..

Dividend depends on how much they have mined. Its not fixed. It will change every week.

Cheers

So, how is it fixed? Is there any way to precalculate?

Sorry for being lazy and not doing my own research Smiley

Say there are total 100 shares. You own N share. Last week they were able to mine 100 BTC, you will get (( 100 BTC - Operating fees ) /100 ) * N

Now the 100 BTC they mine may change to 90 BTC or 120 BTC per week depending on the hashing power they have that week or simply the amount they can mine.

Also they keep some amount from each share as reserve to upgrade the hashing capabilities.

The shares you have are Passthrough which means you are not dealing with FriedCat directly. You are dealing with some one who has bought Asicminer shares from Friedcat and created security from those shares.

Cheers

thanks...nicely explained ....

To get a an idea about dividend projections for next week ..check
https://bitcointalk.org/index.php?topic=197545.msg2074784#msg2074784

Is there any resource online that gives you the exact TH at that point in time?

i would also like to know about the same. For now i keep looking at friedcat's updates..
46  Local / India / Re: ASICMINER shares.. on: May 11, 2013, 09:26:34 AM
0.006??? on the charts its 0.01 BTC per week..

Dividend depends on how much they have mined. Its not fixed. It will change every week.

Cheers

So, how is it fixed? Is there any way to precalculate?

Sorry for being lazy and not doing my own research Smiley

Say there are total 100 shares. You own N share. Last week they were able to mine 100 BTC, you will get (( 100 BTC - Operating fees ) /100 ) * N

Now the 100 BTC they mine may change to 90 BTC or 120 BTC per week depending on the hashing power they have that week or simply the amount they can mine.

Also they keep some amount from each share as reserve to upgrade the hashing capabilities.

The shares you have are Passthrough which means you are not dealing with FriedCat directly. You are dealing with some one who has bought Asicminer shares from Friedcat and created security from those shares.

Cheers

thanks...nicely explained ....

To get a an idea about dividend projections for next week ..check
https://bitcointalk.org/index.php?topic=197545.msg2074784#msg2074784
47  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] Royalcoin (RYC) Giveaway on: May 11, 2013, 07:13:55 AM
RLHpGMvb35T242tTdBb8shQNfUB7WbeeAG

thanks.
48  Alternate cryptocurrencies / Altcoin Discussion / Re: [WTS] ~10 BTB - 1BTB for 1BTC on: May 04, 2013, 06:09:15 PM
nice fluent transaction...thanks  Smiley
49  Alternate cryptocurrencies / Altcoin Discussion / Re: [WTS] ~10 BTB - 1BTB for 1BTC on: May 04, 2013, 06:07:41 PM
https://blockchain.info/address/1Lgk7jGiSTYyniBLNaT2UsXszWR86svpHp

BGGVYUZiLrfTmJTAx2JeTLJw3ehc7KQXdW
50  Alternate cryptocurrencies / Altcoin Discussion / Re: CNC listed on bter.com! on: May 04, 2013, 02:04:22 PM
cnc frenzy has crashed bter already!... Grin
51  Alternate cryptocurrencies / Altcoin Discussion / Re: [WTS] 5 BitBars for BTC, multiple slots of 5 BitBars available on: May 04, 2013, 10:12:46 AM
2.5 btc   Smiley

And we do have a winner.
Please deposit the 2.5BTC to 1AwqabanaaiaHppm35Z2agiPYxBdMaBQzq

What address should I send your BTBs to?

My BTB address is BGGVYUZiLrfTmJTAx2JeTLJw3ehc7KQXdW
Will send BTC after reply to my pm

thanks..


Replied to your PM, I have to go out for a while, but I guess when I come back I see the 2.5BTC and can proceed on sending you your BitBars. Thank you.

i have sent 2.5 btc to you. please send btb asap . check your pm too

https://blockchain.info/tx/1ee3c8d5a443a21db7c18b7016addf60fccc6caa62e7465af128fb9647c39453
52  Alternate cryptocurrencies / Altcoin Discussion / Re: [WTS] 5 BitBars for BTC, multiple slots of 5 BitBars available on: May 04, 2013, 05:31:00 AM
2.5 btc   Smiley

And we do have a winner.
Please deposit the 2.5BTC to 1AwqabanaaiaHppm35Z2agiPYxBdMaBQzq

What address should I send your BTBs to?

My BTB address is BGGVYUZiLrfTmJTAx2JeTLJw3ehc7KQXdW
Will send BTC after reply to my pm

thanks..
53  Alternate cryptocurrencies / Altcoin Discussion / Re: [WTS] 5 BitBars for BTC, multiple slots of 5 BitBars available on: May 04, 2013, 05:22:40 AM
2.5 btc   Smiley

And we do have a winner.
Please deposit the 2.5BTC to 1AwqabanaaiaHppm35Z2agiPYxBdMaBQzq

What address should I send your BTBs to?

Have sent u a pm.. Smiley
54  Alternate cryptocurrencies / Altcoin Discussion / Re: [WTS] 5 BitBars for BTC, multiple slots of 5 BitBars available on: May 03, 2013, 11:59:33 PM
2.5 btc   Smiley
55  Alternate cryptocurrencies / Altcoin Discussion / Re: [WTS] 5 BitBars for BTC, multiple slots of 5 BitBars available on: May 03, 2013, 11:33:29 PM
2.2
56  Alternate cryptocurrencies / Altcoin Discussion / Re: [WTS] 5 BitBars for BTC, multiple slots of 5 BitBars available on: May 03, 2013, 11:27:12 PM
1.9 btc
57  Alternate cryptocurrencies / Altcoin Discussion / Re: [GIVEAWAY]FREE BitBar! 0.01 BTB per Person on: May 03, 2013, 07:08:50 PM
BGGVYUZiLrfTmJTAx2JeTLJw3ehc7KQXdW

Thanks!..

like the idea of a bar...is it  0.01 grams or ounces ?  Grin
58  Alternate cryptocurrencies / Altcoin Discussion / Re: [WTB] 100K CNC for 900 LTC .. on: May 01, 2013, 11:00:37 PM
bump.
59  Alternate cryptocurrencies / Altcoin Discussion / Re: [AUCTION] 20,000CNC 5:00PM EST END[HIGHEST OFFER WINS] on: May 01, 2013, 10:35:06 PM
m willing to buy 20k CNC for 135 LTC.  Smiley
60  Alternate cryptocurrencies / Altcoin Discussion / Re: LTC / CNC Exchange: Google Docs on: May 01, 2013, 10:27:12 PM
Good initiative indeed..

looking forward to buy  100k CNC for 800 LTC. thanks


tip sent to you.. Smiley
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