GuiltySpark343
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Activity: 98
Merit: 10
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May 16, 2013, 01:07:06 AM |
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Wow, quite a jump there. Thanks!
+1 |
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burnside (OP)
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Merit: 1006
Lead Blockchain Developer
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May 16, 2013, 06:33:50 AM |
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Terms for Burnside's 100% ASICMINER passthrough: Payment of dividends is to be made within 2 weeks of their issuance from ASICMINER.
Dividend payments made more than 72 hours after their issuance from ASICMINER will be paid 100% of the original ASICMINER dividend.
Exclusion of Guarantees
This pass-through makes no further guarantee shall any issues arise with ASICMINER's issuer. Should ASICMINER issuers requires any fees/process to claim shares arising from any issue/event, fees will be paid in full in the name of the pass-through holders from future dividends.
What is the percentage of dividend that is released by ASICMiner-PT? I am assuming based on the statement above it is not 100%? Also, what does the statement under exclusion of guarantees mean? It's 100% now. That's left over from the previous contract. Sorry about the confusion. The rest boils down to: - If ASICMINER goes under, don't get angry at the passthru. - If ASICMINER starts requiring any kind of fees for transfer or maintenance, then we'll have to find a way to recover those fees. Most likely from the dividends. Cheers. |
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GuiltySpark343
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Activity: 98
Merit: 10
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May 17, 2013, 09:42:16 PM |
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Wow AM-Pt prices are really climbing lately!
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Caesium
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May 17, 2013, 11:17:26 PM |
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Anyone aware of any better charts for ASICMINER-PT on btct? The supplied one is pretty inflexible.
Seems like a better one could be created by anyone with the available API data, I might have a go but wondering if anyone else had already done it.
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ThickAsThieves
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May 17, 2013, 11:22:06 PM |
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Anyone aware of any better charts for ASICMINER-PT on btct? The supplied one is pretty inflexible.
Seems like a better one could be created by anyone with the available API data, I might have a go but wondering if anyone else had already done it.
Here ya go: fnords.dontexist.comAlso, for ASICMINER hashing & other cool data: www.asicminercharts.com |
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Caesium
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May 17, 2013, 11:23:03 PM |
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Great, just what I was looking for, thanks  |
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GuiltySpark343
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Activity: 98
Merit: 10
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May 18, 2013, 01:16:16 AM |
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Is there a FAQ somewhere that explains all of this? If not, what is a passthrough share compared to a normal share? Is a share one actual miner ASIC machine working away somewhere? Thanks for anyone helping out.
http://coin.furuknap.net/how-to-buy-asicminer-shares/ |
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Caesium
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May 18, 2013, 03:24:38 PM |
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Under attack again? Really struggling to put trades through.
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CanadianGuy
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May 21, 2013, 04:01:43 AM |
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Why is the price of ASICMINER shares on BTC-TC always seem significantly higher than the price on Bitfunder?
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Franktank
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May 21, 2013, 04:07:51 AM |
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Why is the price of ASICMINER shares on BTC-TC always seem significantly higher than the price on Bitfunder?
Because Burnside allows you to transfer XX number of shares for free outside the passthru once a month for DIRECT shares with friedcat. That's why these carry a premium price. Plus he's a gentlemen and a scholar. |
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AMuppInTime
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Activity: 290
Merit: 250
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May 21, 2013, 08:25:59 AM |
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Why is the price of ASICMINER shares on BTC-TC always seem significantly higher than the price on Bitfunder?
Because Burnside allows you to transfer XX number of shares for free outside the passthru once a month for DIRECT shares with friedcat. That's why these carry a premium price. Plus he's a gentlemen and a scholar. Because his site allows you to feel safer and still grants you extreme flexibility. |
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CanadianGuy
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May 21, 2013, 02:52:24 PM |
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what's the bakewell scam?
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creativex
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May 21, 2013, 03:07:09 PM |
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what's the bakewell scam? https://bitcointalk.org/index.php?topic=104489.0Why is the price of ASICMINER shares on BTC-TC always seem significantly higher than the price on Bitfunder? Because Burnside allows you to transfer XX number of shares for free outside the passthru once a month for DIRECT shares with friedcat. That's why these carry a premium price. Plus he's a gentlemen and a scholar. burnside has done a great job structuring this passthru, btct.co, and litecoinglobal and it shows. |
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stripykitteh
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Activity: 1176
Merit: 1001
CryptoTalk.Org - Get Paid for every Post!
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May 21, 2013, 11:12:06 PM |
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Newbie question How long does it usually take between requesting AM-PT shares be converted to direct and the change being processed? I don't want to hassle burnside as I know he's busy, but I was also hoping my transfer would be processed before dividends come. Thanks. |
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ThickAsThieves
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May 21, 2013, 11:13:20 PM |
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Newbie question How long does it usually take between requesting AM-PT shares be converted to direct and the change being processed? I don't want to hassle burnside as I know he's busy, but I was also hoping my transfer would be processed before dividends come. Thanks. 1-5 days. |
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stripykitteh
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Merit: 1001
CryptoTalk.Org - Get Paid for every Post!
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May 21, 2013, 11:15:14 PM |
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Newbie question How long does it usually take between requesting AM-PT shares be converted to direct and the change being processed? I don't want to hassle burnside as I know he's busy, but I was also hoping my transfer would be processed before dividends come. Thanks. 1-5 days. Thanks. So if I've already done an internal transfer to burnside but he hasn't processed it yet, I presume I still get dividends as per usual? |
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AMuppInTime
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Activity: 290
Merit: 250
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May 22, 2013, 12:19:07 AM |
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The website seems under attack again. Cloudflare trying to keep up but struggling.
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ThickAsThieves
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May 22, 2013, 12:22:49 AM |
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Newbie question How long does it usually take between requesting AM-PT shares be converted to direct and the change being processed? I don't want to hassle burnside as I know he's busy, but I was also hoping my transfer would be processed before dividends come. Thanks. 1-5 days. Thanks. So if I've already done an internal transfer to burnside but he hasn't processed it yet, I presume I still get dividends as per usual? People are pretty good about dividends in mid-transfer. The general rule is, if you've paid for it, and the xfer request is in process waiting on Friedcat, you own it. |
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CMMPro
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May 22, 2013, 12:24:55 AM |
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The website seems under attack again. Cloudflare trying to keep up but struggling.
I don't think it is an attack per se....just overload from people rushing to buy in before the dividend. It will go away in a few hours. |
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AMuppInTime
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Activity: 290
Merit: 250
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May 22, 2013, 12:31:09 AM |
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The website seems under attack again. Cloudflare trying to keep up but struggling.
I don't think it is an attack per se....just overload from people rushing to buy in before the dividend. It will go away in a few hours. Burnside says the site has been under DDoS attack on the front page - It is likely that cloudflare should be able to handle simple customer volume influx... I look forward to hearing back from Burnside for confirmation - Not too found of BTC-TC going dark on me... |
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