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Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3899662 times)
Pompobit
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April 25, 2016, 10:37:06 PM
 #26861

So i realised i was still holding shares, tried to dump them on havelock, theres a bid for
170/210   ฿0.00326999   ฿0.5559
I tried to sell into it, and my deal is stuck as pending.   I am guessing it is a false havelock buy (pump) and they wont allow the sale to go through.
Anyone have any ideas as to what else it could be?  Makes me think havelock are shadier than I gave them credit for.

so, did you manage to sell your last shares? I'm a bagholder on havelock too Wink
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There are several different types of Bitcoin clients. Hybrid server-assisted clients like Electrum get a lot of their network information from centralized servers, but they also check the server's results using blockchain header data. This is perhaps somewhat more secure than either server-assisted clients or header-only clients.
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April 26, 2016, 07:55:06 AM
 #26862

So people are looking for investments that make big promises but don't actually deliver? Hmmmm...  Huh
SebastianJu
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April 28, 2016, 01:31:01 AM
 #26863

So people are looking for investments that make big promises but don't actually deliver? Hmmmm...  Huh

Asicminer delivered hugely... when one was with them from the start... they only got worse later and at the end their boss vanished...

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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April 28, 2016, 03:38:31 AM
 #26864

So people are looking for investments that make big promises but don't actually deliver? Hmmmm...  Huh

Asicminer delivered hugely... when one was with them from the start... they only got worse later and at the end their boss vanished...

In other words a textbook ponzi scam.  Grin
qwk
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April 28, 2016, 06:56:13 AM
 #26865

In other words a textbook ponzi scam.  Grin
I wouldn't necessarily say so, as far as I remember AM paid out more than it received in investors' funds.
It was only a bad investment for latecomers who paid more than the IPO price per share (to former holders, not to AM).

All free men, wherever they may live, can use Bitcoin, and, therefore, as a free man, I take pride in the words "Ich bin ein Bitcoiner!"
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April 28, 2016, 12:15:46 PM
 #26866

So people are looking for investments that make big promises but don't actually deliver? Hmmmm...  Huh

Asicminer delivered hugely... when one was with them from the start... they only got worse later and at the end their boss vanished...

In other words a textbook ponzi scam.  Grin

 Asicminer was nothing like a Ponzi.  It was a typical startup that had early (huge) success but was later plagued with production issues.  They refunded/replaced all defective machines from their last project and simply did not have the funds to produce another generation of ASICs in a tight marketplace.  They supplied mining equipment for a joint venture (cloud mining) and the machines were purportedly stolen.  Beyond that part of the story it gets rather murky even somewhat intriguing and leads to the disappearance and possible death of the would be President - Friedcat.  In my books, he's still an awesome guy and I hope he is alive and well.
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April 28, 2016, 12:48:21 PM
 #26867

So people are looking for investments that make big promises but don't actually deliver? Hmmmm...  Huh

Asicminer delivered hugely... when one was with them from the start... they only got worse later and at the end their boss vanished...

In other words a textbook ponzi scam.  Grin

 Asicminer was nothing like a Ponzi.  It was a typical startup that had early (huge) success but was later plagued with production issues.  They refunded/replaced all defective machines from their last project and simply did not have the funds to produce another generation of ASICs in a tight marketplace.  They supplied mining equipment for a joint venture (cloud mining) and the machines were purportedly stolen.  Beyond that part of the story it gets rather murky even somewhat intriguing and leads to the disappearance and possible death of the would be President - Friedcat.  In my books, he's still an awesome guy and I hope he is alive and well.


Well, than you have to Mark Karpeles to the good guy list, too.  Roll Eyes In my opintion friedcat took the remaining money, shared with a few boardmembers to keep them quite and dissapeared while spreading some rumors about his own death. Not my exact defintion of a good guy.
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April 28, 2016, 04:29:57 PM
 #26868

So people are looking for investments that make big promises but don't actually deliver? Hmmmm...  Huh

Asicminer delivered hugely... when one was with them from the start... they only got worse later and at the end their boss vanished...

In other words a textbook ponzi scam.  Grin

 Asicminer was nothing like a Ponzi.  It was a typical startup that had early (huge) success but was later plagued with production issues.  They refunded/replaced all defective machines from their last project and simply did not have the funds to produce another generation of ASICs in a tight marketplace.  They supplied mining equipment for a joint venture (cloud mining) and the machines were purportedly stolen.  Beyond that part of the story it gets rather murky even somewhat intriguing and leads to the disappearance and possible death of the would be President - Friedcat.  In my books, he's still an awesome guy and I hope he is alive and well.


Well, than you have to Mark Karpeles to the good guy list, too.  Roll Eyes In my opintion friedcat took the remaining money, shared with a few boardmembers to keep them quite and dissapeared while spreading some rumors about his own death. Not my exact defintion of a good guy.

 Actually I don't have MagicalTux on the good guy list.  I didn't have any dealings with him or MtGox and formed no opinion until I read about the backlog of withdrawals and started to hear rumours of missing Bitcoins. When I saw Kolin Burges confronting him about the missing Bitcoins, that's the point where Karpeles became a permanent fixture on the bad guy list.  He's a douche.
 
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April 28, 2016, 07:59:16 PM
 #26869

In other words a textbook ponzi scam.  Grin
I wouldn't necessarily say so, as far as I remember AM paid out more than it received in investors' funds.
It was only a bad investment for latecomers who paid more than the IPO price per share (to former holders, not to AM).

Right... it could have never been a ponzi because the profit was way way higher than the worth of the investments...

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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April 28, 2016, 08:37:40 PM
 #26870

In other words a textbook ponzi scam.  Grin
I wouldn't necessarily say so, as far as I remember AM paid out more than it received in investors' funds.
It was only a bad investment for latecomers who paid more than the IPO price per share (to former holders, not to AM).

Right... it could have never been a ponzi because the profit was way way higher than the worth of the investments...

 Yes certainly a lot of Bitcoins were made from the sale of mining product and the mining of Bitcoin in the pool(s).  This was definitely not a Ponzi.
bitsalame
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May 04, 2016, 11:42:50 AM
 #26871

Dividends incominnnggg....
cesmak
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May 04, 2016, 12:17:40 PM
 #26872

Dividends incominnnggg....


Where ? No announcements on Havelock..... are you joking ? LOL Smiley

bitsalame
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May 05, 2016, 02:52:01 AM
 #26873

Dividends incominnnggg....


Where ? No announcements on Havelock..... are you joking ? LOL Smiley

gotta keep the tradition... (sigh)
IOTUSA
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May 06, 2016, 02:45:43 PM
 #26874

So people are looking for investments that make big promises but don't actually deliver? Hmmmm...  Huh

Asicminer delivered hugely... when one was with them from the start... they only got worse later and at the end their boss vanished...

In other words a textbook ponzi scam.  Grin

Textbook Ponzi that ran for 3 years and paid out $50 million to shareholders. Yep, classic ponzi.

AcoinL.L.C
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May 07, 2016, 03:43:01 AM
 #26875

So people are looking for investments that make big promises but don't actually deliver? Hmmmm...  Huh

Asicminer delivered hugely... when one was with them from the start... they only got worse later and at the end their boss vanished...

In other words a textbook ponzi scam.  Grin

Textbook Ponzi that ran for 3 years and paid out $50 million to shareholders. Yep, classic ponzi.

Don't mind BTC-Joe, he's the guy trying out his own ponzi right now (he's trying to sell ridiculous fixed rate stakes in his "trading" firm)
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May 09, 2016, 06:50:49 PM
 #26876

Textbook Ponzi that ran for 3 years and paid out $50 million to shareholders. Yep, classic ponzi.
This was not a ponzi but I think you'd be surprised how long some ponzi schemes run for and how much they pay out.
afro25
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May 17, 2016, 08:23:25 PM
 #26877

Hi all,

I hope you don't mind, but I've been away from Bitcoin for over three years and just today thought to check on the status of things.

Last thing I remember is (I think) our shares in ASICMINER were going into direct shares, but I'm not sure of what address I used or how to go about accessing my shares.

Any help?

Thank you!

mobile
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May 17, 2016, 08:46:42 PM
 #26878

Hi all,

I hope you don't mind, but I've been away from Bitcoin for over three years and just today thought to check on the status of things.

Last thing I remember is (I think) our shares in ASICMINER were going into direct shares, but I'm not sure of what address I used or how to go about accessing my shares.

Any help?

Thank you!

I can resonate with you, I stepped away from the scene for about 2 years. Came back last month. Many things have changed, while other things have not changed in the least. The altcoin scene has tripled in size I must add.....

cheers,

mobile

1MoBi1eNbqh8QMuvtZjYzQGV8NEckJJYcT rep|GnuPG <3 CLAM <3
gogxmagog
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May 18, 2016, 01:53:17 AM
 #26879

Hi all,

I hope you don't mind, but I've been away from Bitcoin for over three years and just today thought to check on the status of things.

Last thing I remember is (I think) our shares in ASICMINER were going into direct shares, but I'm not sure of what address I used or how to go about accessing my shares.

Any help?

Thank you!

Fried cat went AWOL and the company died. If your shares are direct there is no way to get them, or even transfer them even if you could find a buyer. Even shares on the exchange (havelock) are unsellable. Sorry mate.
IOTUSA
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May 19, 2016, 01:51:39 PM
 #26880

Textbook Ponzi that ran for 3 years and paid out $50 million to shareholders. Yep, classic ponzi.
This was not a ponzi but I think you'd be surprised how long some ponzi schemes run for and how much they pay out.

Not more than they take in from investors that's for sure.

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