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Author Topic: ASICMINER fixed price auction 4.5BTC/share, 1000 shares  (Read 6072 times)
Jutarul
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July 01, 2013, 05:10:07 PM
 #1

Bitfountain has emerged as the most competent player in the bitcoin mining industry. The recent rally of the ASICMINER equity leads me to another offering.

I am thus offering this FIXED PRICE auction for a total of 1000 shares at a price of 4.5 BTC/share.

The minimum amount of shares is 20 and you could decide to buy incrementally. I will post daily summaries. This auction will continue until the shares have sold out. The shares are sold on a first come first serve basis. I accept offers per pm, in case a buyer wants to stay anonymous. I will post the corresponding entry in the thread, so everybody is aware of the activity. The time of the PM counts as the bid time.

I have already performed a successful auction in March and June (https://bitcointalk.org/index.php?topic=148198, https://bitcointalk.org/index.php?topic=213729.0) and this is the third one. If you're unsure on how this auction style works, study the previous ones.

Please do your due diligence with respect to the viability of the investment. The shares are direct shares. This means that you have to setup a bitcoin address which you have the private key for, and communicate the BTC address to me to finalize the transition. This bitcoin address will serve as the primary target for dividend payments and authentication.

When you bid, you will receive a receipt which contains a dedicated payment address and instructions and is signed by my shareholder address handle [1KbAD8KU1u6uw6nHSJEYpdZfgQbNbTAkH2] using the software Armory. Payment follows the logic of the pay to contract model. I expect payment 48 hours of creating the receipt. Please make sure to have cryptographic proof of sending the payment, e.g. buy owning the private key of the originating bitcoin address.

If the BTC are not received within 48 hours, the bid becomes invalid and the shares are available again.

I plan to do the clearing twice a week (sunday/wednesday). If dividends overlap with the reporting/bidding, the date of the bid decides on the final recipient of the dividend, i.e. they will be forwarded correspondingly.

Happy bidding

The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0
"The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman
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ThickAsThieves
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July 01, 2013, 05:13:57 PM
 #2

120 @ 4.5
ajk
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July 01, 2013, 05:39:09 PM
 #3

Hi jut,

222@2.45

using this thread as escrow

thank you
Jutarul
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July 01, 2013, 05:41:52 PM
 #4

Hi jut,

222@2.45

using this thread as escrow

thank you
Please correct any errors in your bid, otherwise I am just going to ignore it.

The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0
"The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman
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July 01, 2013, 05:43:18 PM
 #5

Hi jut,

222@4.5 Lol

using this thread as escrow

thank you
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July 01, 2013, 05:45:05 PM
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over 1/3 shares, 342 gone in less than 30 minutes. I would have thought that wall would have held a little longer.
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July 01, 2013, 05:47:23 PM
 #7

100 @4.5
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July 01, 2013, 05:59:19 PM
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90 @ 4.5
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July 01, 2013, 06:01:11 PM
 #9

20@4.5

Einer trage des andern Last, so werdet ihr das Gesetz Christi erfüllen.
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July 01, 2013, 06:03:12 PM
 #10

26 @ 4.5


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July 01, 2013, 08:35:56 PM
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over 1/3 shares, 342 gone in less than 30 minutes. I would have thought that wall would have held a little longer.

yeah seriously, guess no repeat of the 2.5 wall that held for, what, weeks?
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July 01, 2013, 08:39:51 PM
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over 1/3 shares, 342 gone in less than 30 minutes. I would have thought that wall would have held a little longer.

yeah seriously, guess no repeat of the 2.5 wall that held for, what, weeks?

Minimum is lower makes it easier to liquidate it was initially 100 @ 2.5 then down to 40 @ 2.5
Anyways lets allow the miners to bid not a posting thread Smiley
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July 01, 2013, 08:49:24 PM
 #13

Over 50% sold already wow!
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July 01, 2013, 09:02:41 PM
 #14

Amazing offering!

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Jutarul
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July 01, 2013, 10:38:56 PM
 #15

PM bid received for 100 shares.

The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0
"The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman
mechs
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July 02, 2013, 01:32:05 AM
 #16

For the less well heeled bitcoiner who cannot afford a 20 share minimum, I have 3 shares I am looking to sell for 4.4BTC/share (total 13.2BTC). 
Pierre
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July 02, 2013, 01:40:14 AM
 #17

Not cool Mechs, this is not your thread
Jutarul
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July 02, 2013, 03:45:18 AM
 #18

PM bid received for 63 shares.

The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0
"The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman
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July 02, 2013, 04:04:06 AM
 #19

How many are left?

Also, have you sent out receipts yet?
Eric Muyser
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July 02, 2013, 04:19:10 AM
 #20

741 gone by my count. 259 to go.

@EricMuyser | EricMuyser.com | OTC - "Defeat is a state of mind; no one is ever defeated until defeat has been accepted as a reality" - Bruce Lee
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