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Author Topic: [BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast)  (Read 378626 times)
Dexter770221
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October 16, 2013, 02:40:44 PM
 #841

What the hell is happening to the share price!?

I believe this is the reason, http://bitcoindifficulty.com/

How much was the jump?
40% from 189M to 267M
At that moment blocks are showing very fast and this corresponding to 3,3PH, that almost 1PH more than average from last few hours...

Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
hd060053
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October 16, 2013, 03:09:31 PM
 #842

This 0.0003 should be the bottom now?

Shares at this price are like free money.
Pompobit
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October 16, 2013, 03:12:42 PM
 #843

This 0.0003 should be the bottom now?

Shares at this price are like free money.

with this difficulty growth rate, are like free losses
crumbs
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October 16, 2013, 03:25:33 PM
 #844

This 0.0003 should be the bottom now?

Shares at this price are like free money.

Unless you're in the habit of turning down free money, it's somehow unlike free money.
Dexter770221
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October 16, 2013, 07:24:57 PM
 #845

And now nice 4 times ramp up. What the heck?

Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
Jutarul
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October 16, 2013, 07:30:29 PM
 #846

And now nice 4 times ramp up. What the heck?
panic sell meets opportunistic buy. There's certainly blood on the street.

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
Dexter770221
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October 16, 2013, 07:44:14 PM
 #847

Blood on rollercoaster Wink

Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
navitatl
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October 16, 2013, 09:39:18 PM
 #848

It crashed because I sold my shares. Their solution to the problems of US citizens were unsatisfactory at best. Good luck with the poor management. Just look at what they're charging for hosting, It's clear they're only out to make money for themselves and don't really care about the 'investors'.

PAR 0.00000001





Next time just set fire to a pile of cash, it'll be a lot more dramatic!
navitatl
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October 16, 2013, 10:15:49 PM
 #849


That's basically what I did. It just took a couple months to burn through Smiley


It was only "burned" when you sold it. You had some perfectly good shares up till then. You burned your money when you got rid of shares at a value far below what the market was willing to pay for it, rather than patiently placing the orders necessary to get a fair price. Or better yet, hold onto it until the market isn't severely and artificially deflated. Are you trying to be charitable to non-US buyers or something? You're just giving away money for no good reason, it astounds me.
molecular
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October 16, 2013, 10:23:50 PM
 #850

What the hell is happening to the share price!?

I believe this is the reason, http://bitcoindifficulty.com/

How much was the jump?

as if we hadn't known with increasing confidence ahead of time... wtf?!?

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
molecular
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October 16, 2013, 10:25:32 PM
 #851

This 0.0003 should be the bottom now?

this is not clear. may have to get out by Nov 1st. Some have not come to terms with that fact yet.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
navitatl
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October 16, 2013, 10:33:03 PM
 #852


Great theory, until you check the trade history and see no one is buying shares at all, period.


Doesn't surprise me given the climate. That doesn't make your decision a better one though.
Please people, stop panicking about losing your shares. If the company was worth investing with to begin with, it's worth hanging onto. There's these things called "Direct Shares", and there's a reason why Bitfunder asked you for a public bitcoin address when you signed up. You'll actually ALWAYS own the asset unless you choose to sell it or the underlying company dissolves in some way.


this is not clear. may have to get out by Nov 1st. Some have not come to terms with that fact yet.


If you'd like to remain an investor, then simply remain an investor! If you can't deal with a temporary lack of liquidity, then get out. Especially with Colored Coin projects being focused on the way they are, it's just a matter of time till your shares are tradable again. Just chill and wait it out.
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October 16, 2013, 11:26:01 PM
 #853


Great theory, until you check the trade history and see no one is buying shares at all, period.


Doesn't surprise me given the climate. That doesn't make your decision a better one though.
Please people, stop panicking about losing your shares. If the company was worth investing with to begin with, it's worth hanging onto. There's these things called "Direct Shares", and there's a reason why Bitfunder asked you for a public bitcoin address when you signed up. You'll actually ALWAYS own the asset unless you choose to sell it or the underlying company dissolves in some way.


this is not clear. may have to get out by Nov 1st. Some have not come to terms with that fact yet.


If you'd like to remain an investor, then simply remain an investor! If you can't deal with a temporary lack of liquidity, then get out. Especially with Colored Coin projects being focused on the way they are, it's just a matter of time till your shares are tradable again. Just chill and wait it out.

Noticed your official-soundin' post on Active Miner, keeping the kids calm.  You suppose it was sporting to not mention that "temporary lack of liquidity" really means "can't sell your shares now, OR MAYBE EVER, at any price?"
Transisto
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October 16, 2013, 11:39:19 PM
 #854

How much of that 0.36$ per KWH is for initial setup costs ?
navitatl
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October 16, 2013, 11:41:11 PM
 #855


Noticed your official-soundin' post on Active Miner, keeping the kids calm.  You suppose it was sporting to not mention that "temporary lack of liquidity" really means "can't sell your shares now, OR MAYBE EVER, at any price?"

Call me crazy, but I've got confidence in the teams of intelligent people who are working on the decentralized exchange problem. In no time at all we'll all be more liquid than ever. Selling your shares will be as easy and unstoppable as sending a Bitcoin.
Have some faith in progress!
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October 16, 2013, 11:47:20 PM
 #856


Noticed your official-soundin' post on Active Miner, keeping the kids calm.  You suppose it was sporting to not mention that "temporary lack of liquidity" really means "can't sell your shares now, OR MAYBE EVER, at any price?"

Call me crazy, but I've got confidence in the teams of intelligent people who are working on the decentralized exchange problem. In no time at all we'll all be more liquid than ever. Selling your shares will be as easy and unstoppable as sending a Bitcoin.
Have some faith in progress!

Plenty of faith in progress.  None in anonymous d00dz in the interwebz handing out legal & financial advice.
navitatl
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October 17, 2013, 12:08:35 AM
 #857



Plenty of faith in progress.  None in anonymous d00dz in the interwebz handing out legal & financial advice.

Well I'm glad we have other anonymous d00dz fearmongering and trying to shake people's confidence in their assets! We balance each other so well, Mr. Crumbs.
DeaDTerra (OP)
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October 17, 2013, 11:48:32 AM
Last edit: October 17, 2013, 12:37:45 PM by DeaDTerra
 #858

If you have sent me shares to trade into hardware,
Or you want to trade your shares into hardware.
Please send me a email or pm
With the following info:
1. User name of Bitfunder
2. Amount of sierras you want to trade for shares
3. Hosting yes or no
4. If no, send us your shipping address
5. if hosted, send us your bitcoin payout address, and any pool preferences you may have, if not we'll deploy your hashrate into the same pool we'll be using for the rest of the icedrill
6. An email we can contact you on

After you have submitted this information you can then send the shares.
//DeaDTerra
jinyoubei
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October 17, 2013, 12:48:49 PM
 #859

Sorry for not follow the latest news.

As a non American citizen, what if I just want to keep my shares and receive div?
pedrog
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October 17, 2013, 01:04:18 PM
 #860

Sorry for not follow the latest news.

As a non American citizen, what if I just want to keep my shares and receive div?

You have to Verify your account at WeExchange.

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