Bitcoin Forum
October 22, 2018, 04:58:26 AM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: [1]
  Print  
Author Topic: Price difference between ASICMINER-PT and DIRECT shares?  (Read 914 times)
VolanicEruptor
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250



View Profile
June 23, 2013, 05:02:56 PM
 #1

I've been trying to pinpoint a price difference but it's too difficult to observe as they are always changing.
Is there a general rule of thumb? 

1540184306
Hero Member
*
Offline Offline

Posts: 1540184306

View Profile Personal Message (Offline)

Ignore
1540184306
Reply with quote  #2

1540184306
Report to moderator
1540184306
Hero Member
*
Offline Offline

Posts: 1540184306

View Profile Personal Message (Offline)

Ignore
1540184306
Reply with quote  #2

1540184306
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1540184306
Hero Member
*
Offline Offline

Posts: 1540184306

View Profile Personal Message (Offline)

Ignore
1540184306
Reply with quote  #2

1540184306
Report to moderator
1540184306
Hero Member
*
Offline Offline

Posts: 1540184306

View Profile Personal Message (Offline)

Ignore
1540184306
Reply with quote  #2

1540184306
Report to moderator
1540184306
Hero Member
*
Offline Offline

Posts: 1540184306

View Profile Personal Message (Offline)

Ignore
1540184306
Reply with quote  #2

1540184306
Report to moderator
ANIMALPANCAKES
Newbie
*
Offline Offline

Activity: 39
Merit: 0



View Profile
June 23, 2013, 05:25:09 PM
 #2

I've been trying to pinpoint a price difference but it's too difficult to observe as they are always changing.
Is there a general rule of thumb? 


My own rules of thumb on whole shares only -

PTs are worth a little less than directs due to increased counter-party risk.
Burnside's are worth a little more than DeaDTerra's due to better feature set, in particular the ability to convert to direct.
PTs on BTCTC are worth a little more than PTs on BitFunder due to reduced lag (3 vs 6 confirmations, and I reckon more than 1 investor has been surprised and confused by the weex requirement).
However, increased lag on BitFunder causes their PTs to be priced slightly differently.
PTs on BitFunder are worth a little less due to the amateurish-looking-ness of both BitFunder and WeExchange, and the perception that one or both may be easily exploited.
Entropy-uc
Hero Member
*****
Offline Offline

Activity: 756
Merit: 501


View Profile
June 23, 2013, 05:47:46 PM
 #3

I've been trying to pinpoint a price difference but it's too difficult to observe as they are always changing.
Is there a general rule of thumb? 


My own rules of thumb on whole shares only -

PTs are worth a little less than directs due to increased counter-party risk.
Burnside's are worth a little more than DeaDTerra's due to better feature set, in particular the ability to convert to direct.
PTs on BTCTC are worth a little more than PTs on BitFunder due to reduced lag (3 vs 6 confirmations, and I reckon more than 1 investor has been surprised and confused by the weex requirement).
However, increased lag on BitFunder causes their PTs to be priced slightly differently.
PTs on BitFunder are worth a little less due to the amateurish-looking-ness of both BitFunder and WeExchange, and the perception that one or both may be easily exploited.

Prices on Bitfunder for DeadTerra's passthrough are lower because DeadTerra has thousands of shares he is trying to sell for one of his investment groups.  That sell side pressure leads to large spreads between BTCT and Bitfunder at times.  Also the fees on Bitfunder are over 3x the fees at BTCT so it is undesirable to hold shares on Bitfunder.

Don't try to be clever and buy up shares on Bitfunder and try to transfer them.  I bought well over the 250 share minimum and requested a transfer to my direct account.  DeadTerra never acknowledged the request and after a month I got tired of chasing him all over the boards here and just sold, eating Bitfunder's outrageous fees.
Pages: [1]
  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!