Bitcoin Forum
March 30, 2017, 02:47:26 AM *
News: Latest stable version of Bitcoin Core: 0.14.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 4 »  All
  Print  
Author Topic: [CLOSED] [DVC] ASCMDVCPT Cryptostock Investment  (Read 8476 times)
FuzzyBear
Legendary
*
Offline Offline

Activity: 868



View Profile WWW
May 05, 2013, 08:26:49 PM
 #1

THIS LISTING IS CLOSED DO NOT TRADE OR BUY

This is the official thread for discussing the ASCMDVCPT. Please feel free to post any questions or concerns you may have in here and i'll do my best to answer as quickly as possible.

ASCMDVCPT - ASICMiner Devcoin  Pass Through

https://cryptostocks.com/securities/39


Asic Miner DVC Passthrough

DVC = Devcoin
BTC = Bitcoin

This offering is for units of a partnership to hold shares of  Asic Miner.  Each unit will represent 1/1000th of an underlying share.  This is in effect a Asic Miner Passthrough, but operating with DVC as the currency.  These shares may be held directly or a BTC based passthrough.  We will sell our units in DVC. Asic Miner pays out in BTC these BTC will be converted to DVC and in turn passed through to our stakeholders.   An administrative fee of X% may be charged for this service.  These payments will typically be made within a day or two of payment from the underlying assets, to allow us to space out the buy of DVC a bit to get a bit better exchange rates.   These payments will be done within two weeks of receipt of the underlying payment.  There are no voting rights as they are pass through shares.  More shares may be issued if we acquire more underlying backing shares.

FAQ

When would payouts begin?
Payouts start on first receiving of ASICMiner shares dividend payout

Who owns the ASICMiner Shares?

User twobits holds the ASICMiner shares and is responsible for their safety and aquiring more if needs be.
I FuzzyBear will be answering any questions and passing on info from Twobits relating to the listing

[/s]

1490842046
Hero Member
*
Offline Offline

Posts: 1490842046

View Profile Personal Message (Offline)

Ignore
1490842046
Reply with quote  #2

1490842046
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1490842046
Hero Member
*
Offline Offline

Posts: 1490842046

View Profile Personal Message (Offline)

Ignore
1490842046
Reply with quote  #2

1490842046
Report to moderator
1490842046
Hero Member
*
Offline Offline

Posts: 1490842046

View Profile Personal Message (Offline)

Ignore
1490842046
Reply with quote  #2

1490842046
Report to moderator
FuzzyBear
Legendary
*
Offline Offline

Activity: 868



View Profile WWW
May 05, 2013, 08:27:00 PM
 #2

9th May 2013 - 3716 shares held publicly, each share paid 4.98833549 DVC
16th May 2013 - 4002 shares held publicly, each share paid 19.82263250 DVC
23rd May 2013 - 4,052 shares held publicly, each share paid 12.19846588 DVC
30th May 2013 - 4,152 shares held publicly, each share paid 21.64328893 DVC
6th June 2013 - 4,219 shares held publicly, each share paid 27.90894522 DVC - Total dividends paid in first month 354,905.78921214 DVC
13th June 2013 - 4,243 shares held publicly, each share paid 34.38255666 DVC
24th June 2013 - 4,243 shares held publicly, each share paid 20.23662303 DVC
26th June 2013 - 4,288 shares held publicly, each share paid 22.16528333 DVC
4th July 2013 - 4,364 shares held publicly, each share paid 28.93082151 DVC
11th July 2013 - 4,364 shares held publicly, each share paid 27.17240263 DVC
18th July 2013 - 4,389 shares held publicly, each share paid 36.57980507 DVC
26th July 2013 - 4,487 shares held publicly, each share paid 47.87741000 DVC
1st August 2013 - 4,509 shares held publicly, each share paid 28.89961953 DVC
8th August 2013 - 4,535 shares held publicly, each share paid 42.15266034 DVC
16th August 2013 - 4,609 shares held publicly, each share paid 39.37365188 DVC
23rd August 2013 - 4,659 shares held publicly, each share paid 23.45942115 DVC
3rd September 2013 - 4,710 shares held publicly, each share paid 29.37595357 DVC
**** Total Dividends paid so far = 2,052,510.92189518 DVC Cool ****
10th September 2013 - 4,720 shares held publicly, each share paid 36.76760657 DVC

weisoq
Hero Member
*****
Offline Offline

Activity: 685


View Profile
May 06, 2013, 01:03:49 AM
 #3

A few Q's:
*What proportion of the total asic miner payout will those 2 shares (or 2 * 1000) represent?
*What's the projected payout per dividend, and what frequency? (if you’re not sure, do you know the projected underlying asic miner payout, and can extrapolate a 2 share proportion of that?)
*Although any more shares are issued from acquiring a greater underlying asic miner % holding, can we be sure there's no dilution on the underlying asic miner shareholder side?
*Following on from markm’s question; if they do start merge-mining wouldn’t that create either (1) a regular counteracting force selling DVC for BTC contrary to the buying (or does that happen anyway? I’m not sure how the process works), or (2) a net nothing effect in that you’d be buying the merge-mined DVC to prevent the sales, so not necessarily bidding up DVC on exchange (again, not clear about the merge-mining process/proportions)?
*What fee does cryptostock charge? Is that the 0.08%

Thanks

Earn Devcoins by Writing | Devcoin Video
1EQp2cs2qtsnoRFuPvaqxxZLnmFcA6JS3G
FuzzyBear
Legendary
*
Offline Offline

Activity: 868



View Profile WWW
May 06, 2013, 09:31:33 AM
 #4

Hello weisoq and many thanks for your questions.

Firstly I should mention that those these are the listed shares at the moment there will be more to come as we have lot more than 2 ASICMiner shares, but just testing to see if people are interested.

In direct answer to your questions..

1) 100% of the dividend paid out by ASICMiner Share will be converted to DVC at best exchange possible in few days of trade and then passed onto the holders of ASCMDVCPT.

2) Personally I do not know the exact divident expected payout but twobits has been studying that in more detail, but yes it woruld be the predicted ASICMiner share payout and then can be extrapolated for the current 2 shares on offer. Information on ASICMiner shares is listed in this thread here https://bitcointalk.org/index.php?topic=99497.0

3) I will post proof (well twobit may as well) of the shares that are held and the dividends payout received by the ASICMiner stock, we will then post the exchange rate here we traded at and then the amount paid out al in this thread in the currently "reserved post" The aim is to keep this as open and transparent as possible to not confuse investors or leave any room for swindle or scam (had enough of those and need some proper investments IMO)

4)Markm's question was more of a moral standpoint on investment... should dvc be invested in a project that in essence is not supporting DVC by mining it on MM... Mining DVC producese 5000 coins per block and 45000 coins for share rewards so the MM of devcoins is not the threat of the DVC market being crashed... more threat from the writers on devtome cashing out and crashing the price.  But if MM supported by ASICMiner then the network would be seen as more secure.

5) Yes the 0.08% is the cryptostocks fee they charge to the buyer...edit: sorry actually that is a fee that twobit has put on the trades to reclaim the listing fee sorry.  twobits had to pay 2million dvc to list and is passing everything onto stockholders cryptostocks seem to be doing well out of this so far!! but over 300 shares sold already so get them while they are cheap Cheesy

Hope this answers your questions and let me know if I have not or if it has raised others Smiley

FuzzyBear

metazilla
Member
**
Offline Offline

Activity: 75



View Profile
May 06, 2013, 09:40:47 AM
 #5

Bought some shares! Smiley

Question: You say there will be more ASICMiner shares added. Will this increase the value of the current ASCMDVCPT shares or will more shares be issued?

FuzzyBear
Legendary
*
Offline Offline

Activity: 868



View Profile WWW
May 06, 2013, 09:55:04 AM
 #6

Bought some shares! Smiley

Question: You say there will be more ASICMiner shares added. Will this increase the value of the current ASCMDVCPT shares or will more shares be issued?

Thank you for investing Cheesy

More shares will only be issued to represent more shares owned of ASICMiner so there will not be any devaluation of the current ASCMDVCPT shares, these will always represent 1/1000th of an ASICMiner share, so in answer to your question, more shares will be issued

FuzzyBear

FuzzyBear
Legendary
*
Offline Offline

Activity: 868



View Profile WWW
May 06, 2013, 12:56:22 PM
 #7

Wow ok all the initial shares listed have been sold Smiley

will update when more will be available... there are still sell orders there for people to buy in on.

K1773R
Legendary
*
Offline Offline

Activity: 1526


/dev/null


View Profile
May 06, 2013, 10:31:10 PM
 #8

Wow ok all the initial shares listed have been sold Smiley

will update when more will be available... there are still sell orders there for people to buy in on.
i want some too Tongue

[GPG Public Key]  [Devcoin Builds]  [BBQCoin Builds]  [Multichain Blockexplorer]  [Multichain Blockexplorer - PoS Coins]  [Ufasoft Miner Linux Builds]
BTC/DVC/TRC/FRC: 1K1773RbXRZVRQSSXe9N6N2MUFERvrdu6y ANC/XPM AK1773RTmRKtvbKBCrUu95UQg5iegrqyeA NMC: NK1773Rzv8b4ugmCgX789PbjewA9fL9Dy1 LTC: LKi773RBuPepQH8E6Zb1ponoCvgbU7hHmd EMC: EK1773RxUes1HX1YAGMZ1xVYBBRUCqfDoF BQC: bK1773R1APJz4yTgRkmdKQhjhiMyQpJgfN
FuzzyBear
Legendary
*
Offline Offline

Activity: 868



View Profile WWW
May 07, 2013, 03:30:50 PM
 #9

Wow ok all the initial shares listed have been sold Smiley

will update when more will be available... there are still sell orders there for people to buy in on.
i want some too Tongue

Ok just got message saying more have been released... sorry was latre last night and only just picked up now, but looks like you'll have to be quick as they being snapped up fast, but some still on offer

FuzzyBear
Legendary
*
Offline Offline

Activity: 868



View Profile WWW
May 10, 2013, 09:35:48 PM
 #10

First Dividend Payout

The first dividends have been paid out to the investors of Asic Miner DVC Passthrough (ASCMDVCPT) each share paid 4.98833549 DVC.

**Note the admin fee has been wavered this month

Vircurex and cryptostocks are down at the moment so will post more details later

FuzzyBear
Legendary
*
Offline Offline

Activity: 868



View Profile WWW
May 16, 2013, 11:05:20 AM
 #11

Second Dividend Payout

The second dividends have been paid out to the investors of Asic Miner DVC Passthrough (ASCMDVCPT) each share paid 19.82263250 DVC.

**Note the admin fee has been wavered this month

FuzzyBear
Legendary
*
Offline Offline

Activity: 868



View Profile WWW
May 23, 2013, 07:23:32 PM
 #12

Third Dividend Payout

The third dividends have been paid out to the investors of Asic Miner DVC Passthrough (ASCMDVCPT) each share paid 12.19846588 DVC.

**Note the admin fee has been wavered this month

EmilianoZ
Newbie
*
Offline Offline

Activity: 27


Tierra y Libertad


View Profile WWW
May 24, 2013, 05:25:57 PM
 #13

Hello  Grin
I am having a bit of trouble buying shares, I see there are 5000 and the publi owns les than that, still you have shortage of shares now. ase they coming new ones Huh or Am I doing somethin wrong Huh.

BTC 1qY8nk5hATYgthYdzB4QtSqhrrTeGQg6X | DVC 1KEnsZriCXfNEmtZNJFZNywdLUptwjGpzg
LTC LgKrQHJwvMWmBXNpzYoDdnK1GdkndeVWFG | PPC PTNcuoXHCARCKtVhkpURg1BmTYZtVWrt5a
Earn Devcoins by Writing (http://www.devtome.com/doku.php?id=earn_devcoins_by_writing) | EmilianoZ (http://www.devtome.com/doku.php?id=wiki:user:emilianoz)
FuzzyBear
Legendary
*
Offline Offline

Activity: 868



View Profile WWW
May 25, 2013, 01:16:45 PM
 #14

Hello  Grin
I am having a bit of trouble buying shares, I see there are 5000 and the publi owns les than that, still you have shortage of shares now. ase they coming new ones Huh or Am I doing somethin wrong Huh.


There are some 500+ shares available to buy on the sell order book side.

you need to be on the "Trade" Tab at the top navigation.

Type in the ASCMDVCPT into the "Ticker" Box

and then you can see the orders people have placed to buy shares and those that are for sale

there are 5 shares available at 1,399.0000 dvc

Fuzzy Bear

TheSwede75
Full Member
***
Offline Offline

Activity: 224



View Profile
May 25, 2013, 02:01:57 PM
 #15

Is there any reason this is not under market/securities?
FinShaggy
Full Member
***
Offline Offline

Activity: 196


Google/YouTube


View Profile WWW
May 25, 2013, 08:46:13 PM
 #16

This is pretty awesome. Smiley

If everyone is thinking outside the box, there is a new box.
FuzzyBear
Legendary
*
Offline Offline

Activity: 868



View Profile WWW
May 25, 2013, 10:15:23 PM
 #17

Is there any reason this is not under market/securities?
If it can be double posted there then please do, I thought that only for BTC market and securities?

FuzzyBear
Legendary
*
Offline Offline

Activity: 868



View Profile WWW
May 30, 2013, 07:42:10 PM
 #18

Fourth Dividend Payout

The fourth dividends have been paid out to the investors of Asic Miner DVC Passthrough (ASCMDVCPT) each share paid 21.64328893 DVC.

**Note the admin fee has been wavered this month

Vilepickle
Member
**
Offline Offline

Activity: 76


View Profile
May 31, 2013, 11:50:07 AM
 #19

This is a pretty cool investment with Devcoins in a popular project.  Good idea.  Gotta do something with those DVC!

BTC: 14PzAZCW1k8aA4FFFZ55LxizQqwBR969ee
FuzzyBear
Legendary
*
Offline Offline

Activity: 868



View Profile WWW
June 06, 2013, 07:35:21 PM
 #20

Fifth Dividend Payout

The Fifth dividends have been paid out to the investors of Asic Miner DVC Passthrough (ASCMDVCPT) each share paid 27.90894522 DVC.

Pages: [1] 2 3 4 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!