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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3901408 times)
limbaugh
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November 06, 2013, 12:07:41 PM
 #14701


Things played out exactly how I said they would. So, can I see the future? Of course not. This was just blatantly obvious. In order to not understand that, you'd need to be delusional, retarded or have severely limited experience of how the real world functions.

*golf clap* So is AM still vastly overpriced?
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November 06, 2013, 12:32:45 PM
 #14702

*confused*

Can someone help? I had my shares transfered to friedcat, how can I transfer them from friedcat to some online stock exchange?

after creating an account at Havelock, these are the steps for a transfer of direct shares:

Somebody, please, explain me: how to sell my shares that was automatic transfer to Friedcat?
Importing Shares to Havelock Investment
There is no fee to import shares. There is no minimum quantity for importing shares.

How to Import Direct Shares:
1. Send an e-mail to fnnirvana@gmail.com & TAT Investments at tat.investments@gmail.com with the following message:

”Friedcat, please transfer (X) of my shares to the TAT Investments account at 1rHfXj4AwH9zymwwJuXnbXLiDbAE9V1uz -- tat.investments@gmail.com”

Also include the following info:
- Your current ASICMINER share-holding wallet address & e-mail address
- The quantity of shares you wish to transfer

2. If the e-mail address you have on file with ASICMINER is different than the one you use for your Havelock account, you MUST send an e-mail from the e-mail address you have registered with Havelock confirming this import request. If this is the case, please provided a dated, signed message from the host wallet to confirm ownership.
3. After confirmation from Friedcat is received, the AM1 shares will be added to your account within 48 hours or less.

NOTE: TAT Investments is not responsible for delays or errors in transfer confirmations by ASICMINER staff.
Please follow these instructions carefully to avoid problems.


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November 06, 2013, 01:54:26 PM
 #14703

TGB just released an analysis of the last financial statement. The computed all amounts in 3 currencies (unlike original statement), to start with.

http://thegenesisblock.com/new-asicminer-financial-statements-offer-performance-insight/

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
SOSLOVE868
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November 06, 2013, 02:02:23 PM
 #14704

TGB just released an analysis of the last financial statement. The computed all amounts in 3 currencies (unlike original statement), to start with.

http://thegenesisblock.com/new-asicminer-financial-statements-offer-performance-insight/

how about the PT shares in BF when BF closed? will the shares become direct shares? if anyone knows please let me know.
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November 06, 2013, 02:26:43 PM
 #14705

TGB just released an analysis of the last financial statement. The computed all amounts in 3 currencies (unlike original statement), to start with.

http://thegenesisblock.com/new-asicminer-financial-statements-offer-performance-insight/

how about the PT shares in BF when BF closed? will the shares become direct shares? if anyone knows please let me know.
https://bitcointalk.org/index.php?topic=148827.msg3483811#msg3483811

and

https://bitcointalk.org/index.php?topic=148827.msg3489909#msg3489909
velacreations
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November 06, 2013, 02:31:43 PM
 #14706

Things played out exactly how I said they would.
Said the guy who invested in labcoin and activemining.
Please, just fade away.
+1
I remember how he was telling us how he was going to make a ton on LC then buy ActM and make a ton there, and then buy AM around the end of the year.

I guess LC being a scam, didn't work out too well, he should have listened to everyone warning him, instead of calling them a troll.

But you know, when he made that prediction above about AM being overvalued, AM was around 3.2, and had yet to post the highest divs to date. The share price grew almost 60% after that warning.

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November 06, 2013, 02:37:47 PM
 #14707

Things played out exactly how I said they would.
Said the guy who invested in labcoin and activemining.
Please, just fade away.
+1
I remember how he was telling us how he was going to make a ton on LC then buy ActM and make a ton there, and then buy AM around the end of the year.

I guess LC being a scam, didn't work out too well, he should have listened to everyone warning him, instead of calling them a troll.

Actually he kept trying to flip ActM for more LC shares and then flip back. Too bad he flipped his ActM right when LC was found out to be a scam. We haven't heard much from him since.

It's nice to see you again Masbark, thought you might have left us for good.
velacreations
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November 06, 2013, 02:41:25 PM
 #14708

Actually he kept trying to flip ActM for more LC shares and then flip back. Too bad he flipped his ActM right when LC was found out to be a scam. We haven't heard much from him since.

It's nice to see you again Masbark, thought you might have left us for good.
I guess that's why he kept defending them against missed deadlines.

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November 06, 2013, 03:12:18 PM
 #14709

incoming...
velacreations
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November 06, 2013, 03:15:49 PM
 #14710

looks like div will be around .0028 or so

0.00290692

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November 06, 2013, 03:18:17 PM
 #14711

0.00290692

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
aahzmundus
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November 06, 2013, 03:20:40 PM
 #14712

0.00290692

Confirmed

robix
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November 06, 2013, 03:28:38 PM
 #14713

Hmmm. An update would be appropriate.
bitcoin.newsfeed
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November 06, 2013, 03:29:47 PM
 #14714

Mabsark I think that your prediction about ASICminer back then was pretty dumb, here's why :

So you said that the mining company which made a promise for shareholders to hold minimum 10% of the network and is mining 2520 BTC/week with another stream of 2000+ BTC from sales/growing franchises is paying steady div min 0.0113 (actually it was in range 0.015-0.03 for 3 months) and considering the share price of 2.50 BTC with APR in range 20%-60% is vastly overpriced? I don't get it !

* I think that the only reason, why AM lost 10%+ of the network(which caused lower divs and then share price) is massive failure in Gen2 chip design which hit the whole mining industry, not just ASICminer (look at Cointerra, HashFast, BTCGARDEN, BFL and LabCoin)

So I believe that the Friedcat & Co., is doing everything right to get the job done with gen3 ... otherwise we're all fucked.

... Question Everything, Believe Nothing ...
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November 06, 2013, 03:33:56 PM
 #14715

At least this week's div is higher than last weeks in $ terms  Wink

(by my rough calc 78c v 74c)
velacreations
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November 06, 2013, 03:37:21 PM
 #14716

Mabsark I think that your prediction about ASICminer back then was pretty dumb, here's why :

So you said that the mining company which made a promise for shareholders to hold minimum 10% of the network and is mining 2520 BTC/week with another stream of 2000+ BTC from sales/growing franchises is paying steady div min 0.0113 (actually it was in range 0.015-0.03 for 3 months) and considering the share price of 2.50 BTC with APR in range 20%-60% is vastly overpriced? I don't get it !

what he's trying to say is that he was right, because the share price fell a month or so after his prediction.  The problem with this, is that he was very wrong, first, as the share price climbed considerably (and also divs) after his prediction.

If someone says "a share price will drop" they will always be right, if given a long enough timeline.  But, in the short term, it is very possible for them to be wrong (as is the case with Mabsark).

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November 06, 2013, 03:38:25 PM
 #14717

Bitcoin price going through the roof has to be very good for AM, I'd wager that AM has more bitcoins than most of the other mining companies combined. In fact, AM is probably one of the largest holders of bitcoins worldwide.
Is there a rough figure for how many bitcoins AM has?
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November 06, 2013, 03:40:32 PM
 #14718

* I think that the only reason, why AM lost 10%+ of the network(which caused lower divs and then share price) is massive failure in Gen2 chip design which hit the whole mining industry, not just ASICminer (look at Cointerra, HashFast, BTCGARDEN, BFL and LabCoin)

Are you suggesting that there's a relation between these failures?

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binaryFate
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November 06, 2013, 03:46:28 PM
 #14719

...
massive failure in Gen2 chip design which hit the whole mining industry, not just ASICminer (look at Cointerra, HashFast, BTCGARDEN, BFL and LabCoin)

* BFL didn't fail in the chip design, but in everything else
* LabCoin I believe never intended to design anything, so I'd call it a plain scam rather than a failure
* Cointerra, why do you think they failed?
* HashFast, BTCGARDEN: I didn't follow the stories that much. If anybody could summarize in two lines what's up with them... I thought HashFast at least seemed on track not long ago?

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
adara
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November 06, 2013, 04:00:04 PM
 #14720

Wow, that was low div again, as expected.
Here you have a company with profits declining around 20% weekly.
Not a good management of its earlier success. Even with new announcements that rate of decline is a disaster.
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