AquaMan (OP)
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June 14, 2013, 06:38:06 AM |
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Hi, I have never had miner shares before, but im interesting in obtaining some. I want to buy some shares of AsicMiner, doing my own research this sounds like the best option I guess. So basically its like a stock yes? Ive traded in the stock market so im familiar with how that works, but I also get paid every week? I created an account on bctc.co - Is this the best place to get shares? I want to buy soon, thanks.
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AquaMan (OP)
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June 14, 2013, 06:41:24 AM |
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Hi, I have never had miner shares before, but im interesting in obtaining some. I want to buy some shares of AsicMiner, doing my own research this sounds like the best option I guess. So basically its like a stock yes? Ive traded in the stock market so im familiar with how that works, but I also get paid every week? I created an account on bctc.co - Is this the best place to get shares? I want to buy soon, thanks.
by the way, on that site it says AsicminerPT what does the PT stand for?
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AquaMan (OP)
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Activity: 42
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June 14, 2013, 06:46:36 AM |
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Hi, I have never had miner shares before, but im interesting in obtaining some. I want to buy some shares of AsicMiner, doing my own research this sounds like the best option I guess. So basically its like a stock yes? Ive traded in the stock market so im familiar with how that works, but I also get paid every week? I created an account on bctc.co - Is this the best place to get shares? I want to buy soon, thanks.
by the way, on that site it says AsicminerPT what does the PT stand for? Ok, I figured out it means pass through shares, so how do I buy a Direct Share ?
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tiberiandusk
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June 14, 2013, 06:47:41 AM |
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You'll have to find someone selling them on here. ASICminer isn't selling direct shares anymore.
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freedomno1
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Learning the troll avoidance button :)
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June 14, 2013, 06:50:06 AM |
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Dividends are paid weekly Direct shares can be bought on the auction's thread But I would recommend buying them from a pass-thru such as havelockinvestments btct or bitfunder They all offer shares direct shares are usually for bigger purchases Hope that helped
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Believing in Bitcoins and it's ability to change the world
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jmutch
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June 14, 2013, 06:54:12 AM |
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Hi, I have never had miner shares before, but im interesting in obtaining some. I want to buy some shares of AsicMiner, doing my own research this sounds like the best option I guess. So basically its like a stock yes? Ive traded in the stock market so im familiar with how that works, but I also get paid every week? I created an account on bctc.co - Is this the best place to get shares? I want to buy soon, thanks.
by the way, on that site it says AsicminerPT what does the PT stand for? PT=pass though. On btct.co, Burnside holds "real" shares for you but gives you all dividends/benefits of those shares to you. There is nothing wrong with buying PT shares. They have some benefits but come with a very slight amount of extra risk. If you want to buy, right now it doesn't look as though many people are selling actual shares so PT shares may be a good option. I recommend you do a lot of research, there is plenty of threads with all the info you need. just look around. https://btct.co/security/ASICMINER-PT#tab6https://bitcointalk.org/index.php?topic=148350.0https://bitcointalk.org/index.php?topic=99497.7520
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freedomno1
Legendary
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Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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June 14, 2013, 06:54:32 AM |
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Hi, I have never had miner shares before, but im interesting in obtaining some. I want to buy some shares of AsicMiner, doing my own research this sounds like the best option I guess. So basically its like a stock yes? Ive traded in the stock market so im familiar with how that works, but I also get paid every week? I created an account on bctc.co - Is this the best place to get shares? I want to buy soon, thanks.
by the way, on that site it says AsicminerPT what does the PT stand for? Ok, I figured out it means pass through shares, so how do I buy a Direct Share ? BTCT has 2 share classes reread your questions Direct shares are https://btct.co/security/ASICMINER-PTTAT shares are 1/100 shares https://btct.co/security/TAT.ASICMINERA strategy is to use your spare dividends to buy 1/100 shares and hold full shares Also for small investors a full share is a lot more expensive than the pass-thrus That said holding passthru shares can be cheaper if the price differential between the full shares and the pass-thrus is big enough Here is a prospectus for the TAT shares https://bitcointalk.org/index.php?topic=199449.0
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Believing in Bitcoins and it's ability to change the world
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