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Author Topic: Noob question of the week. G.ASICMINER-PT shares. What's the next step?  (Read 925 times)
MrThePlague (OP)
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May 26, 2013, 06:38:17 PM
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Stupid question, as I should have done proper research on this matter before dropping money into it. However what's done is done, so need to figure this out :-P

I recently came into some G.ASICMINER-PT shares on BitFunder. My total share count and available count are listed, however the reserved count is at 0 (still not sure what this means) However, I am hearing in order to be paid your dividends per share, you need to 'register' your bitcoin address or go through some process in order to receive payouts. Does this work the same way for BitFunder? Or does simply owning the shares deposit my payouts into my BitFunder account? Or easily put, anything additional I have to do after the shares are officially bought?

Thanks so much in advance!

My Rep: https://bitcointalk.org/index.php?topic=209239.msg2191317#msg2191317
BTC: 1A412oChzSsVYXgXThTWFEh8uCg25EBxov
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May 26, 2013, 08:46:25 PM
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Reserved are shares that you have put up for sale, they still belong to you but the system has separated them so you know how many are you have in the orderbook and to stop you double selling the same shares. It is normal for you to have 0 reserved share if you are NOT selling.

The dividends will be sent to your Bitfunder wallet, you will probably see in the top right corner a Balance of 0 currently but when the dividends arrive next week they will be visible up there. You can keep the BTC on Bitfunder or if you want to withdraw them you need to create a Weexchange account and link it up to Bitfunder.

Hope that helps.
MrThePlague (OP)
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May 26, 2013, 09:06:49 PM
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You covered it 100%!! Thank you so much buddy!

My Rep: https://bitcointalk.org/index.php?topic=209239.msg2191317#msg2191317
BTC: 1A412oChzSsVYXgXThTWFEh8uCg25EBxov
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