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Author Topic: I want to invest in asicminer  (Read 2829 times)
pornluver (OP)
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May 01, 2013, 05:16:09 AM
 #1

I checked that asicminer is legit
I checked that bitfunder is legit. However, as a precaution I saw that bitfunder publishs all private address from everyone that own stocks.
I trust bitcoin of course.

However, will asicminer recoqnize me as the owner of asicminer stock if owner of bitfunder run away? Do they make that kind of statement?
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John (John K.)
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May 01, 2013, 05:19:20 AM
 #2

PROTIP: Buy at BTCT.Co and transfer the shares out.  Tongue *sees DeadterrA shaking pitchforks*
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May 01, 2013, 05:19:31 AM
 #3

This link would help best: https://bitcointalk.org/index.php?topic=188550.0

P.S. Awesome name btw

I recommend BTCT.co as I've worked with Burnside effortlessly.
pornluver (OP)
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May 01, 2013, 05:59:08 AM
 #4

What do you mean by transfer the shares out?

Also I see many names

G.ASICMINER-PT

Then ASICMINER-PT

Which one is the real ASICMINER The seller of eruptor blade?
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May 01, 2013, 06:01:39 AM
 #5

What do you mean by transfer the shares out?

Also I see many names

G.ASICMINER-PT

Then ASICMINER-PT

Which one is the real ASICMINER The seller of eruptor blade?
Actual ASICMiner shares are not listed in the exchange and is managed by friedcat directly. You can change the shares bought from the passthrough to 'actual' shares if you're afraid bitfunder / btct.co running away. Read https://bitcointalk.org/index.php?topic=188550.0 please.
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May 01, 2013, 07:25:53 PM
 #6

I would suggest bitfunder very highly. No management fees

There is no real reason for you to own "actual" shares over pass-throughs.  I own both and feel very confident that there is minimum risk in owning pass through shares.  Buying a couple here and there and having them transfered out to friedcat has to be a huge headache for him.  I like that DeadTerra set up a high limit for that.

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May 01, 2013, 07:28:55 PM
 #7

I would suggest bitfunder very highly. No management fees

There is no real reason for you to own "actual" shares over pass-throughs.  I own both and feel very confident that there is minimum risk in owning pass through shares.  Buying a couple here and there and having them transfered out to friedcat has to be a huge headache for him.  I like that DeadTerra set up a high limit for that.
There is a slight advantage to getting dividends faster, but yeah.
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May 01, 2013, 07:40:53 PM
 #8

I would suggest bitfunder very highly. No management fees

There is no real reason for you to own "actual" shares over pass-throughs.  I own both and feel very confident that there is minimum risk in owning pass through shares.  Buying a couple here and there and having them transfered out to friedcat has to be a huge headache for him.  I like that DeadTerra set up a high limit for that.
There is a slight advantage to getting dividends faster, but yeah.

Conversly, you can buy shares on the passthroughs after knowing what the dividend will be... Not that this is real advantage (maybe it is?   Huh


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May 01, 2013, 11:25:45 PM
 #9

I would suggest bitfunder very highly. No management fees

There is no real reason for you to own "actual" shares over pass-throughs.  I own both and feel very confident that there is minimum risk in owning pass through shares.  Buying a couple here and there and having them transfered out to friedcat has to be a huge headache for him.  I like that DeadTerra set up a high limit for that.
There is a slight advantage to getting dividends faster, but yeah.

There are no management fees on the BTC-TC one either.  There was a 90 day hiatus put on them and there are currently motions up to extend the hiatus indefinitely.

I agree that Friedcat is overworked, but having a 250 share limit for withdrawal is probably more about DeaDTerra's sanity.  He has quite a few PT's to keep track of.  Wink

Cheers.
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May 02, 2013, 03:30:48 AM
 #10

I just want to ensure I do not buy the wrong stocks.
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May 05, 2013, 04:22:41 AM
 #11

https://btct.co/security/ASICMINER-PT

^ that's what I would recommend if you are starting out. Simple as that. I use BTCT.co for 3 reasons: 1. cold storage so even if the site gets hacked they can bounce back. and 2. the domain isn't a .com and is based offshore away from potential US regulation/seizure  3. It's run by a very reputable person on this forum and the shares are paid every wednesday.

There are many ways to buy shares good luck with your stocks!   Cool
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May 05, 2013, 06:34:15 AM
 #12

I checked that asicminer is legit
I checked that bitfunder is legit. However, as a precaution I saw that bitfunder publishs all private address from everyone that own stocks.
I trust bitcoin of course.

However, will asicminer recoqnize me as the owner of asicminer stock if owner of bitfunder run away? Do they make that kind of statement?

BitFunder  is OK....    if I do .....
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May 05, 2013, 08:04:13 AM
 #13

And why no one is mentioning that Burnside takes a percentage of the dividends while DeadTerra doesn't?

Will take me a while to climb up again, But where is a will, there is a way...
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May 05, 2013, 09:47:56 AM
 #14

And why no one is mentioning that Burnside takes a percentage of the dividends while DeadTerra doesn't?

He doesn't... yet :-)
lophie
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May 05, 2013, 10:42:38 AM
 #15

Well my shares would get off Bitfunder the second he even considers it.

Will take me a while to climb up again, But where is a will, there is a way...
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May 05, 2013, 05:06:48 PM
 #16

Bitfunder: https://bitfunder.com/asset/G.ASICMINER-PT

It's currently about .1-.3 cheaper per share to buy through that PT than any other source.  Not sure why this is, but if you are buying, you might consider that.

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May 05, 2013, 10:53:27 PM
 #17

Well my shares would get off Bitfunder the second he even considers it.

There are motions up to do exactly that:

https://btct.co/security/ASICMINER-PT (motions tab)

If you have shares please vote on all three motions ASAP.  They expire soon and I'd like them to pass.

Cheers.
GuiltySpark343
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May 06, 2013, 12:16:27 AM
 #18

Anyone know the approximate amount the weekly dividend from AM-PT shares are?

I don't know half of you half as well as I should like; and I like less than half of you half as well as you deserve.
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lophie
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May 06, 2013, 12:22:57 AM
 #19

Anyone know the approximate amount the weekly dividend from AM-PT shares are?

I counted around 0.6% a couple of weeks ago, I guess...

Will take me a while to climb up again, But where is a will, there is a way...
GuiltySpark343
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May 06, 2013, 12:32:05 AM
 #20

What does 0.6% mean exactly? If I bought 1 AM-PT share @ 1.2 BTC, then weekly I get 0.006 * 1.2 BTC = 0.0072 BTC/week?

I don't know half of you half as well as I should like; and I like less than half of you half as well as you deserve.
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