jimmy3dita
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July 18, 2013, 10:48:37 PM |
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Infact it's way better to keep using fiat and credit cards, paying the same speculation that has already destroyed half of our planet!
Btw, any news from the upcoming blades? And the huge mining-thing?
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Acquista il mio libro "Investire Bitcoin": clicca qui
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velacreations
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July 18, 2013, 11:10:04 PM |
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It's funny when the speculation thread is the most relevant AM thread in the securities subforum....
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TsuyokuNaritai
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July 18, 2013, 11:23:39 PM |
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Iirc its more or less the same as S dice, AM can buy back any time they want at the 7 day average price.
Where does it say that? It's not in the OP or FAQ unless I'm missing it.
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CoinBomb
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July 18, 2013, 11:28:38 PM |
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isnt that in 2016?
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Promote our site for no risk BTC / LTC profit! 1% gross profit, LTC/BTC payments weekly. Click through for more details.
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cp1
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July 18, 2013, 11:28:58 PM |
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asicminer doesnt have a future
eventualy the block reward will half and so will dividends
Sure, but how much will 1 BTC be worth at the end of 2016?
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Pierre
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July 18, 2013, 11:29:17 PM |
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asicminer doesnt have a future
eventualy the block reward will half and so will dividends
Eventually transaction fees will exceed the block reward. There's still several years before the next block reward halving.
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bougelahi
Member
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Activity: 61
Merit: 10
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July 18, 2013, 11:31:11 PM |
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asicminer doesnt have a future
eventualy the block reward will half and so will dividends
Krudkeeper, I think you should stick to monitoring your minecraft servers at home with mommy and daddy. Please stay away from real investments and this thread, you don't know what you are talking about.
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RippleCoins
Newbie
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Activity: 13
Merit: 0
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July 18, 2013, 11:39:02 PM |
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asicminer doesnt have a future
eventualy the block reward will half and so will dividends
Krudkeeper, I think you should stick to monitoring your minecraft servers at home with mommy and daddy. Please stay away from real investments and this thread, you don't know what you are talking about. Well said!
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empoweoqwj
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July 19, 2013, 12:43:52 AM |
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SDICE was on down hill, make sense to sell it, while AM is not, at least yet.
Smart players sell "when the offer is right". But my point was really: is there anything "technically" (in the IPO I presume) to stop AM just selling up one day and therefore not paying dividends any more? If so, this is a risk I hadn't even considered. Yup, there simply aren't enough coins to buy AM. Iirc its more or less the same as S dice, AM can buy back any time they want at the 7 day average price. Doesn't have to be bought with bitcoins. Some company might say "we need a bitcoin mining company in our portfolio" and make AM an offer they can't refuse? What happens then, they just buy back at 7 day average price, really? If so, a lot of people that bought into this thing because of the dividends would be mighty pissed.
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TsuyokuNaritai
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July 19, 2013, 12:57:53 AM |
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SDICE was on down hill, make sense to sell it, while AM is not, at least yet.
Smart players sell "when the offer is right". But my point was really: is there anything "technically" (in the IPO I presume) to stop AM just selling up one day and therefore not paying dividends any more? If so, this is a risk I hadn't even considered. Yup, there simply aren't enough coins to buy AM. Iirc its more or less the same as S dice, AM can buy back any time they want at the 7 day average price. Doesn't have to be bought with bitcoins. Some company might say "we need a bitcoin mining company in our portfolio" and make AM an offer they can't refuse? What happens then, they just buy back at 7 day average price, really? If so, a lot of people that bought into this thing because of the dividends would be mighty pissed. The only buy-back clause, in either the current or the original OP, made no mention of 7 day average price and was only for the condition not being able to raise enough money before August. 28, 2012. Unless someone provides a link, we can probably assume that stan.distortion didn't recall correctly. Even if there ever was a buy-back, I'm sure Friedcat would exceed expectations/over-deliver as usual.
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freedomno1
Legendary
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Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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July 19, 2013, 01:08:49 AM |
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SDICE was on down hill, make sense to sell it, while AM is not, at least yet.
Smart players sell "when the offer is right". But my point was really: is there anything "technically" (in the IPO I presume) to stop AM just selling up one day and therefore not paying dividends any more? If so, this is a risk I hadn't even considered. Yup, there simply aren't enough coins to buy AM. Iirc its more or less the same as S dice, AM can buy back any time they want at the 7 day average price. Doesn't have to be bought with bitcoins. Some company might say "we need a bitcoin mining company in our portfolio" and make AM an offer they can't refuse? What happens then, they just buy back at 7 day average price, really? If so, a lot of people that bought into this thing because of the dividends would be mighty pissed. The only buy-back clause, in either the current or the original OP, made no mention of 7 day average price and was only for the condition not being able to raise enough money before August. 28, 2012. Unless someone provides a link, we can probably assume that stan.distortion didn't recall correctly. Even if there ever was a buy-back, I'm sure Friedcat would exceed expectations/over-deliver as usual. Lets add this to the shareholder FAQ that makes two good questions now Why are our miners not doing so good with transaction fees compared to other blocks Latency issues in china etc. What are the conditions for a buyback of ASICminer
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Believing in Bitcoins and it's ability to change the world
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Franktank
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July 19, 2013, 01:11:08 AM |
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The only buy-back clause, in either the current or the original OP, made no mention of 7 day average price and was only for the condition not being able to raise enough money before August. 28, 2012. Unless someone provides a link, we can probably assume that stan.distortion didn't recall correctly.
Even if there ever was a buy-back, I'm sure Friedcat would exceed expectations/over-deliver as usual.
Unlike S. Dice, AM shares have voting power. Granted BitFountain does have over 51% of all shares but it's the thought that counts, right?
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TsuyokuNaritai
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July 19, 2013, 01:27:24 AM |
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What are the conditions for a buyback of ASICminer
Here are the only conditions: If we haven't raised enough money to tape out before August. 28, 2012, we will return 100.5% of the total raised funds to investors of ASICMINER. The 0.5% is for compensating the GLBSE fee. That's it. Question answered! So now 2012 has passed... each ASICMINER share always owns 1/400000 of the company.
...Friedcat's contract with us isn't for life, it's for eternity.
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binaryFate
Legendary
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Activity: 1512
Merit: 1012
Still wild and free
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July 19, 2013, 01:33:42 AM |
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What are the conditions for a buyback of ASICminer
Here are the only conditions: If we haven't raised enough money to tape out before August. 28, 2012, we will return 100.5% of the total raised funds to investors of ASICMINER. The 0.5% is for compensating the GLBSE fee. That's it. Question answered! So now 2012 has passed... each ASICMINER share always owns 1/400000 of the company.
...Friedcat's contract with us isn't for life, it's for eternity. I'm ok with that!
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Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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freedomno1
Legendary
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Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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July 19, 2013, 02:01:25 AM |
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What are the conditions for a buyback of ASICminer
Here are the only conditions: If we haven't raised enough money to tape out before August. 28, 2012, we will return 100.5% of the total raised funds to investors of ASICMINER. The 0.5% is for compensating the GLBSE fee. That's it. Question answered! So now 2012 has passed... each ASICMINER share always owns 1/400000 of the company.
...Friedcat's contract with us isn't for life, it's for eternity. I'm ok with that! No issues here ^_^ We will grow old together haha
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Believing in Bitcoins and it's ability to change the world
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vlaoou321
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July 19, 2013, 02:12:52 AM |
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To announce my own survey data. Source According to statistics from taobao.com my agent in China 5G blade sales 351 (each 9.88BTC) 10G sales 203 (each 18.88BTC) did not count the official website does not direct into calculation
Total sales 7299BTC
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burnside
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Activity: 1106
Merit: 1006
Lead Blockchain Developer
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July 19, 2013, 06:07:13 AM |
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Now Satoshi Dice has been sold off, is ASICMiner the only decent security left with a healthy, long term dividend return? (Apart from meta-securities like BTCInvest which invest in other securities). LTC-Global fits that bill nicely, although it is traded in Litcoins not Bitcoins, on litecoinglobal.com. As far as I can see there isn't a passthrough on btc-tc (yet). For the sake of transparency I own at least 10 shares of it and am therefor a board member, so keep that in mind. (For the sake of bragging I bought in a few months ago at under 70LTC, and it has traded for over 300LTC recently. ) With yield below 5%, along with thin volume and huge bid-ask spread. I think coins are better put to work elsewhere. I would recommend looking at 796 exchange. For full disclosure, I do trade on 796 and own 796 stock. 796's 'btc-settled' future on BTCUSD exchange rate brings something new to the table and allows one to either hedge their BTC, arbitrage opportunity, or long / short BTC with leverage! Also, you can trade ASICMINER passthrough there as well. Yeah, it's great if you don't mind not having 2FA to log in and getting pillaged in fees. From their fee table at https://796.com/vip Tier Total volume Futures trading commission Stock trading commission Withdraw fee VIP0 0 0.6% 1.2% 1.2% VIP1 10 0.6% 1.2% 1.2% VIP2 100 0.5% 1.0% 1.0% VIP3 1000 0.4% 0.8% 0.8% VIP4 10000 0.3% 0.6% 0.6% VIP5 100000 0.2% 0.4% 0.4% VIP6 1000000 0.1% 0.2% 0.2% You have to trade 1,000,000 BTC volume before you get on PAR with btct.co's trade fees, nevermind that you'd already spent a fortune in fees to get there. And you can NEVER get on par with btct.co's withdrawal fees which are basically free with the exception of the bitcoind client's fees. I don't think I've seen fees that bad anywhere.
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freedomno1
Legendary
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Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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July 19, 2013, 06:10:59 AM |
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Yeah, it's great if you don't mind not having 2FA to log in and getting pillaged in fees. From their fee table at https://796.com/vip Tier Total volume Futures trading commission Stock trading commission Withdraw fee VIP0 0 0.6% 1.2% 1.2% VIP1 10 0.6% 1.2% 1.2% VIP2 100 0.5% 1.0% 1.0% VIP3 1000 0.4% 0.8% 0.8% VIP4 10000 0.3% 0.6% 0.6% VIP5 100000 0.2% 0.4% 0.4% VIP6 1000000 0.1% 0.2% 0.2% You have to trade 1,000,000 BTC volume before you get on PAR with btct.co's trade fees, nevermind that you'd already spent a fortune in fees to get there. And you can NEVER get on par with btct.co's withdrawal fees which are basically free with the exception of the bitcoind client's fees. I don't think I've seen fees that bad anywhere. I'm still observing it for a few months to see how it goes from here At least you get shares hehe https://796.com/news/detail/24.html
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Believing in Bitcoins and it's ability to change the world
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burnside
Legendary
Offline
Activity: 1106
Merit: 1006
Lead Blockchain Developer
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July 19, 2013, 06:22:11 AM |
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Yeah, it's great if you don't mind not having 2FA to log in and getting pillaged in fees. From their fee table at https://796.com/vip Tier Total volume Futures trading commission Stock trading commission Withdraw fee VIP0 0 0.6% 1.2% 1.2% VIP1 10 0.6% 1.2% 1.2% VIP2 100 0.5% 1.0% 1.0% VIP3 1000 0.4% 0.8% 0.8% VIP4 10000 0.3% 0.6% 0.6% VIP5 100000 0.2% 0.4% 0.4% VIP6 1000000 0.1% 0.2% 0.2% You have to trade 1,000,000 BTC volume before you get on PAR with btct.co's trade fees, nevermind that you'd already spent a fortune in fees to get there. And you can NEVER get on par with btct.co's withdrawal fees which are basically free with the exception of the bitcoind client's fees. I don't think I've seen fees that bad anywhere. I'm still observing it for a few months to see how it goes from here At least you get shares hehe https://796.com/news/detail/24.htmlEhhh, registered an account and upon further inspection, at least on the buy/sell interfaces it's also vulnerable to the same session hijacking hack that BitFunder was. I didn't check any deeper. It's not like that attack was secret. Trade carefully I guess...
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