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Rodyland (OP)
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April 17, 2013, 03:57:01 AM |
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Beware the weak hands!
1NcL6Mjm4qeiYYi2rpoCtQopPrH4PyKfUC
GPG ID: E3AA41E3
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Franktank
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April 17, 2013, 04:15:11 AM |
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Having an ASIC device clearly gives one the edge in the mining landscape but prices are getting crazy now... |
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philipma1957
Legendary
 Online
Activity: 4130
Merit: 7912
'The right to privacy matters'
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April 17, 2013, 08:56:24 AM |
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yeah I grabbed one share at .84 now over 1.1 . And as i understand this I get a dividend on it this weds. the 17th! not too shabby.
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Franktank
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April 17, 2013, 10:39:57 AM |
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No, I'm muslim, I don't lend money/coins for profit. It's trading for me then.
Very well, all the information is in here and in the main thread. In my opinion, now is the time to buy AM shares if you don't want to pay over 1 BTC/share. So can I say "Called it!" or no...? Thought I would ask first. |
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ex-trader
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April 17, 2013, 11:53:01 AM |
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In a market as volatile as btc is I'd expect to make roi in a year at most.
You are confusing the risk and volatility of ASICMiner with the risk and volatility of BitCoin. The decision to make an investment in ASIC Miner can only be considered purely in Bitcoins ie does it offer enough return in relation to it's current and future prospects, both as a miner and hardware seller. A separate decision is whether to invest in Bitcoin related assets (including ASICMiner) from another currency. If you do not desire BitCoin risk then short-sell an amount equal to your ASICMiner investment as a hedge. |
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Rodyland (OP)
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April 17, 2013, 12:00:32 PM |
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In a market as volatile as btc is I'd expect to make roi in a year at most.
You are confusing the risk and volatility of ASICMiner with the risk and volatility of BitCoin. The decision to make an investment in ASIC Miner can only be considered purely in Bitcoins ie does it offer enough return in relation to it's current and future prospects, both as a miner and hardware seller. A separate decision is whether to invest in Bitcoin related assets (including ASICMiner) from another currency. If you do not desire BitCoin risk then short-sell an amount equal to your ASICMiner investment as a hedge. This exactly. If you think in terms of bitcoin only, all that matters is an ROI in bitcoin on your bitcoin investment. That it's volatile with respect to fiat is irrelevant. For me, buying asicminer shares was a no-brainer**, as I am convinced bitcoin has a future and I'm in for the long haul. Having bitcoin sitting in my wallet doing nothing struck me as a waste, so i've invested it in asicminer shares, as well as a share of an avalon. ** No brainer that it was a fair risk to take, although I agonised over the size of the investment (and actually sold my investment size down by about 25% as I felt I'd over-committed -- a decision that now seems to be the wrong one, given that share price has doubled since I bought.  The benefits of hindsight). |
Beware the weak hands!
1NcL6Mjm4qeiYYi2rpoCtQopPrH4PyKfUC
GPG ID: E3AA41E3
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puck2
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April 17, 2013, 06:01:57 PM
Last edit: May 07, 2013, 09:50:35 PM by puck2 |
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There is a big difference in price right now between BTC TC and Bitfunder, so you'd better choose the second one, even if I don't really like the fact that you have to pass through weexchange.rcom in order to fund your balance for bitfunder.
The weexchange passthrough is painless, though their interface leaves a bit to be desired. Your BTC only need be there for a few minutes. |
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velacreations
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April 19, 2013, 12:52:10 AM |
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now is a good time to sell on bitfunder, prices are really good.
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furuknap
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April 19, 2013, 12:54:24 AM |
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The weexchange passthrough is painless, though their interface leaves a bit together. Your BTC only need be there for a few minutes.
I've tried signing up on weexchange several times and always get a "Whoops, something went wrong" and no further explanation and no account created. I'm sure there isn't anything fishy going on, but I generally stay away from stuff that looks half-way done and poorly maintaned. I'd love to be on bitfunder, but for now, I trade on BTCT. .b |
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puck2
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April 19, 2013, 03:41:21 AM |
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The weexchange passthrough is painless, though their interface leaves a bit together. Your BTC only need be there for a few minutes.
I've tried signing up on weexchange several times and always get a "Whoops, something went wrong" and no further explanation and no account created. I'm sure there isn't anything fishy going on, but I generally stay away from stuff that looks half-way done and poorly maintaned. I'd love to be on bitfunder, but for now, I trade on BTCT. .b Agreed... The weexchange website is pretty lame, but my BTC just stay there for a few minutes, so I'd have to be really unlucky for something bad to happen... |
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ex-trader
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April 19, 2013, 07:44:47 AM |
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I've tried signing up on weexchange several times and always get a "Whoops, something went wrong" and no further explanation and no account created.
Me too! The verification passowrd they sent me to confirm didn't work. Tried the process twice with two different accounts and got the same thing - crappy system. |
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maxmint
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April 22, 2013, 07:20:56 PM |
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I just purchased a couple of ASICMINER shares here on the forum (no PT but real shares). Friedcat already sent an email and told me that the shares were transfered, but is there any way to check this online? Is there any proof that I'm owning the shares?
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creativex
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April 22, 2013, 08:17:33 PM |
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I just purchased a couple of ASICMINER shares here on the forum (no PT but real shares). Friedcat already sent an email and told me that the shares were transfered, but is there any way to check this online? Is there any proof that I'm owning the shares? Not currently, but if friedcat sent you a confirmation, then you can bank on it. His word has been gold every time I've dealt with him. |
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maxmint
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April 22, 2013, 08:20:18 PM |
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I just purchased a couple of ASICMINER shares here on the forum (no PT but real shares). Friedcat already sent an email and told me that the shares were transfered, but is there any way to check this online? Is there any proof that I'm owning the shares? Not currently, but if friedcat sent you a confirmation, then you can bank on it. His word has been gold every time I've dealt with him. Alright, that's good to know. Thanks. |
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talnted
Full Member
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Activity: 236
Merit: 100
www.bitcoingem.com
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April 22, 2013, 08:41:38 PM |
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I just purchased a couple of ASICMINER shares here on the forum (no PT but real shares). Friedcat already sent an email and told me that the shares were transfered, but is there any way to check this online? Is there any proof that I'm owning the shares? Not currently, but if friedcat sent you a confirmation, then you can bank on it. His word has been gold every time I've dealt with him. Alright, that's good to know. Thanks. Did the email you receive confirm the transfer from Diablo's auction? If so, he has not notified everyone else of the transfer |
Over 800+ BTC Paid Out! 1110+ Buyers of the Gem! |
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maxmint
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April 22, 2013, 08:43:49 PM |
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I just purchased a couple of ASICMINER shares here on the forum (no PT but real shares). Friedcat already sent an email and told me that the shares were transfered, but is there any way to check this online? Is there any proof that I'm owning the shares? Not currently, but if friedcat sent you a confirmation, then you can bank on it. His word has been gold every time I've dealt with him. Alright, that's good to know. Thanks. Did the email you receive confirm the transfer from Diablo's auction? If so, he has not notified everyone else of the transfer I took part in two auctions and just got a general confirmation email, so I'm not sure which shares acutally got transferred – that's why I was asking if there was a way to look up my shares somehow. |
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talnted
Full Member
Offline
Activity: 236
Merit: 100
www.bitcoingem.com
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April 22, 2013, 08:51:33 PM |
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I just purchased a couple of ASICMINER shares here on the forum (no PT but real shares). Friedcat already sent an email and told me that the shares were transfered, but is there any way to check this online? Is there any proof that I'm owning the shares? Not currently, but if friedcat sent you a confirmation, then you can bank on it. His word has been gold every time I've dealt with him. Alright, that's good to know. Thanks. Did the email you receive confirm the transfer from Diablo's auction? If so, he has not notified everyone else of the transfer I took part in two auctions and just got a general confirmation email, so I'm not sure which shares acutally got transferred – that's why I was asking if there was a way to look up my shares somehow. When dividends get sent, you recieve a satoshi for each share you own prior to dividends being sent. That is also a way to verify how many shares he has on record for you. |
Over 800+ BTC Paid Out! 1110+ Buyers of the Gem! |
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statdude
Legendary
Offline
Activity: 1498
Merit: 1000
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April 24, 2013, 05:28:49 AM |
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I've tried signing up on weexchange several times and always get a "Whoops, something went wrong" and no further explanation and no account created.
Me too! The verification passowrd they sent me to confirm didn't work. Tried the process twice with two different accounts and got the same thing - crappy system. Same here. Posted our issue here: https://bitcointalk.org/index.php?topic=85829.msg1927722#msg1927722Wonder if they are just going to lose all their biz to BTC-TC, or fix this? |
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statdude
Legendary
Offline
Activity: 1498
Merit: 1000
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April 26, 2013, 03:18:54 AM |
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Update:
Called the 800 # and was promptly helped.
A little unfortunate no email/forum PM help after days but the guy on the # was great.
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furuknap
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April 26, 2013, 08:01:52 AM |
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Update:
Called the 800 # and was promptly helped.
A little unfortunate no email/forum PM help after days but the guy on the # was great.
Yeah, that's not exactly building confidence in a service where I'm supposed to put my investments. Sorry, I'll remain with BTCT. Too bad, really, there were some securities on BF I would consider if trading wasn't such a PITA. .b |
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