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Author Topic: ASICMINER fixed price auction 4.5BTC/share, 1000 shares  (Read 6355 times)
elasticband
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July 04, 2013, 06:51:19 AM
 #81

Hi Elastic,

I am a bit confused as to what you are upset about.  If you do your due diligence on this investment, you'd realize that share confirmation takes time.  TaT mentioned the time frame, but again, it can take 1-5 days for confirmation.  

Unless I am mistaken, it seems he submitted the transfer request quite expediently.  He has no actual control over how long it takes Friedcat to respond and process it.  In the end, you received your shares and the dividends owed to you in a timely manner.  Jutarul owes no restitution.

If you prefer quicker access, perhaps a passthrough share offered on local exchanges would be a better bet.  You can have your shares transferred over if you'd like.

-JC


Yes you are correct, this is down to my error and not knowing enough about what i was buying Smiley I did not understand friedcat would transfer the shares whenever he had time(1-5days), i expected it to be a bit faster..... like i had to make payment within 48hrs, i kind of expected a quick turn around on both sides...... my mistake
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jc328
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July 04, 2013, 06:59:27 AM
 #82

Hi Elastic,

I am a bit confused as to what you are upset about.  If you do your due diligence on this investment, you'd realize that share confirmation takes time.  TaT mentioned the time frame, but again, it can take 1-5 days for confirmation.  

Unless I am mistaken, it seems he submitted the transfer request quite expediently.  He has no actual control over how long it takes Friedcat to respond and process it.  In the end, you received your shares and the dividends owed to you in a timely manner.  Jutarul owes no restitution.

If you prefer quicker access, perhaps a passthrough share offered on local exchanges would be a better bet.  You can have your shares transferred over if you'd like.

-JC


Yes you are correct, this is down to my error and not knowing enough about what i was buying Smiley I did not understand friedcat would transfer the shares whenever he had time(1-5days), i expected it to be a bit faster..... like i had to make payment within 48hrs, i kind of expected a quick turn around on both sides...... my mistake

Not a problem bud.  You live, you learn.  Always hurts to learn when it makes your wallet a tad leaner however.  Wink  Either way, I'm sure the bulls will be back eventually. 

-JC
Jutarul (OP)
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July 04, 2013, 07:22:35 AM
 #83

Quick Update

The second share transfer request has been sent out earlier today.
I thank all participants for making this a swift and successful auction.

I regret that one buyer wasn't satisfied with his purchase. I am trying to accommodate him as much as possible without placing others at a disadvantage.

0 shares available.
0 shares in reservation/escrow.
1000 shares paid.

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
reedlaw
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July 06, 2013, 04:48:51 AM
 #84

Should we expect a PM from friedcat to verify the completion of the transfer of shares? Or should we wait until the next dividend to see?
Jutarul (OP)
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July 06, 2013, 04:53:44 AM
 #85

Should we expect a PM from friedcat to verify the completion of the transfer of shares? Or should we wait until the next dividend to see?
Dividend.

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
elasticband
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July 06, 2013, 07:34:13 AM
 #86

Should we expect a PM from friedcat to verify the completion of the transfer of shares? Or should we wait until the next dividend to see?
Dividend.

so does that mean wait until next Wednesday?
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July 06, 2013, 07:39:55 AM
 #87

Should we expect a PM from friedcat to verify the completion of the transfer of shares? Or should we wait until the next dividend to see?
Dividend.

so does that mean wait until next Wednesday?
yes

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
elasticband
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July 06, 2013, 07:44:27 AM
 #88

WoW... so i buy shares on wednesday, but have to wiat a week to actually get them...... crazy!
El Cabron
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July 06, 2013, 07:49:14 AM
 #89

WoW... so i buy shares on wednesday, but have to wiat a week to actually get them...... crazy!

This is normal.

And it is done for security. Your shares are very safe.

 If you want to day trade use the pass throughs.

Sorry El Cabron, you are banned from posting or sending personal messages on this forum.
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https://bitcointalk.org/index.php?topic=622250.msg7030081#msg7030081
Jutarul (OP)
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July 06, 2013, 04:23:32 PM
 #90

Should we expect a PM from friedcat to verify the completion of the transfer of shares? Or should we wait until the next dividend to see?
Dividend.

so does that mean wait until next Wednesday?
yes
I just got notification the friedcat has processed the transfer requests. You may now go ahead an work under the assumption that all transfers have been processed correctly.

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
reedlaw
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July 08, 2013, 07:30:42 AM
 #91

WoW... so i buy shares on wednesday, but have to wiat a week to actually get them...... crazy!

It looks like the shares are transferred on friedcat's end but the only way to verify this, other than a PM from friedcat himself, is by dividends as received by your share account address or as visible in the blockchain.
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July 09, 2013, 04:07:48 AM
 #92

my shares were transferred!  Thanks!

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