romerun
Legendary
 Offline
Activity: 1078
Merit: 1001
Bitcoin is new, makes sense to hodl.
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July 18, 2013, 09:17:06 PM |
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SDICE was on down hill, make sense to sell it, while AM is not, at least yet.
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empoweoqwj
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July 18, 2013, 09:19:05 PM |
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You know, I was agreeing with you until you started denying global warming. Really detracts from your credibility.
"Global warming?" The new term is "climate change" because the data failed to support the AGW hypothesis. Quite the opposite, in fact!  "Denying?" The burden of proof is on the affirmative. The proper term is 'skeptic.' That you so freely commit Godwin-by-proxy ('Denier' is a Communist dog whistle and/or code word for 'Neo-Nazi') amply demonstrates the paucity of your thought. Credibility with fuckwit ManBearPig True Believers is the very last thing in the universe I want. I hope you never believe another word I say, and that decision costs you dearly.  Anyone too stupid to read about and comprehend the consequences of the ClimateGate whistleblower's leaked archive deserves to be a slave on Al Gore's global plantation. How much carbon tax should Friedcat pay, to atone for his environmental sins?  Can you leave the global warming chat for a different forum? This is an ASICMINER thread on a BITCOIN forum |
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empoweoqwj
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July 18, 2013, 09:23:41 PM |
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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. |
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iCEBREAKER
Legendary
Offline
Activity: 2156
Merit: 1070
Crypto is the separation of Power and State.
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July 18, 2013, 09:30:10 PM |
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How much carbon tax should Friedcat pay, to atone for his environmental sins? Can you leave the global warming chat for a different forum? This is an ASICMINER thread on a BITCOIN forum Last I checked, Friedcat is in charge at ASICMINER. Last I checked, ASICMINER uses a metric shed load of electricity mining and manufacturing. Which brings us to the question "Should those who believe in global warming/ManBearPig/climate change put their money where there mouth is and promise to plant a tree with part of their dividends, or should they simply STFU about their anti-industrial neo-primitive totem/taboo public school programming?" |
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Monero
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| "The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." David Chaum 1996
"Fungibility provides privacy as a side effect." Adam Back 2014
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freedomno1
Legendary
Offline
Activity: 1750
Merit: 1071
Learning the troll avoidance button :)
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July 18, 2013, 09:36:38 PM |
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How much carbon tax should Friedcat pay, to atone for his environmental sins? Can you leave the global warming chat for a different forum? This is an ASICMINER thread on a BITCOIN forum Last I checked, Friedcat is in charge at ASICMINER. Last I checked, ASICMINER uses a metric shed load of electricity mining and manufacturing. Which brings us to the question "Should those who believe in global warming/ManBearPig/climate change put their money where there mouth is and promise to plant a tree with part of their dividends, or should they simply STFU about their anti-industrial neo-primitive totem/taboo public school programming?" Like building a currency using computer algorithms that can go on forever or till they are lost vs paper money isn't good enough  |
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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
Offline
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
Offline
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
Offline
Activity: 1750
Merit: 1071
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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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
Offline
Activity: 1484
Merit: 1001
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! |
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
Offline
Activity: 1750
Merit: 1071
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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