canth
Legendary
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Activity: 1442
Merit: 1001
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July 02, 2013, 05:23:58 PM |
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...
FC has mentioned that production cost is approximately $10k per TH/s.
That's... so cheap. Helps on the profitability side, certainly. It makes you wonder why the competition is sucking so much, even if might cost them 2-3x as much per TH/s. |
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velacreations
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July 02, 2013, 05:41:18 PM |
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Helps on the profitability side, certainly. It makes you wonder why the competition is sucking so much, even if might cost them 2-3x as much per TH/s.
90% of startups fail in the first year, and with bitcoin, it's more like 99.999999% |
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DiabloD3
Legendary
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Activity: 1162
Merit: 1000
DiabloMiner author
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July 02, 2013, 05:47:11 PM |
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Helps on the profitability side, certainly. It makes you wonder why the competition is sucking so much, even if might cost them 2-3x as much per TH/s.
90% of startups fail in the first year, and with bitcoin, it's more like 99.999999% Not quite. 99% of startups fail in the first year too, we just dont get to hear about 10% of them, they implode early enough. Bitcoin for some reason attracts that missing 9% strongly. |
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VJain
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July 02, 2013, 06:31:06 PM |
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Lets rename Wednesday !!!
to Bitnesday, Cashnesday, Divnesday or my favorite Catnesday... any more suggestions ?
Divday D-Day - completely unfriedcat related but that's a toughie .... Not original. I named it D-Day several posts back. Friednesday has a better ring to it.  Call it what you will, for me it is "the morning I wake up, realize what day it is and proceed to fist pump for several minutes". None of my fellow Canucks up here have any idea why I am so damn happy on Hump Day. Out of curiosity, are Eric M. and myself the only Canadian AM shareholders here? I know we have more lurking in the shadows! I'm a Canadian AM shareholder as well, but I did'nt get in until the price reached 2.5 to 2.8 BTC per share. Vancouver IPO Shareholder  |
Making Apps and Websites for people. I charge reasonable rates ($30-40/hour in BTC).
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freedomno1
Legendary
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Activity: 1848
Merit: 1094
Learning the troll avoidance button :)
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July 02, 2013, 08:51:27 PM |
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Ask burnside for a X10 market value on the options rule  |
Believing in Bitcoins and it's ability to change the world
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RippleCoins
Newbie
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Activity: 13
Merit: 0
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July 02, 2013, 08:58:59 PM |
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HOLY. I went away for a week not catching up with bitcoin and did not buy in when I wanted to.
Now i don'tknow if i should buy in now help!
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SvanteH
Newbie
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Activity: 8
Merit: 0
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July 02, 2013, 08:59:58 PM |
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To whoever just bought that put on 1 TAT share on BTC-TC. You are welcome. Options are fun, ignorance is bliss, and learning is expensive! Hello,
This is a Exercised Option purchase confirmation.
Account: Aahzmundus
Security: TAT.ASICMINER
Shares: 1 @ 3.50000000 BTC
Total Paid: 3.50875 BTC
Thank you for using BTC-TC
Cue a dozen assholes trying to fish for the same trick. Meh. If the most you lose is 1-2BTC learning about how options work, that's a small price IMO. I honestly don't know and I can't find anything on btct.co, could you explain it for me? |
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tkone
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July 02, 2013, 09:10:40 PM |
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aw cmon the price rising so fast, there goes my ideas of buying more with dividends  ughhh... really guys? can we just keep price atleast stable for a few weeks of dividends? maybe a few months? lets stop this crazy rise, maybe we can somehow arrange a huge wall or something this way it doesnt go up, and atleast we can reinvest some dividends.... the way its meant to be done |
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hammurabi
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July 02, 2013, 09:12:22 PM |
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I honestly don't know and I can't find anything on btct.co, could you explain it for me?
Instead of buying real shares you can buy options for just a "premium price" and call for real shares later. (Or don't call if those don't rise in price). This allows for two things: less capital for investment (until you call) and less capital at risk (you can lose only what you paid for options). Put options are opposite. When you write option and somebody buys them you promise to buy back shares (if requested) at that specified price. Even if they are not worth that price. So both things are kinds of bet. |
BTC: 1Hpk4rWpP3gACJhXHn8VkeNp4usdQmfuVY
LTC: LM5p7X9dTsWj14G2VQeJKuntVUc6GsPnDp
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CMMPro
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July 02, 2013, 09:15:09 PM |
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Canadian here too...Guelph, Ontario.
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canth
Legendary
Offline
Activity: 1442
Merit: 1001
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July 02, 2013, 09:35:44 PM |
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I honestly don't know and I can't find anything on btct.co, could you explain it for me?
Instead of buying real shares you can buy options for just a "premium price" and call for real shares later. (Or don't call if those don't rise in price). This allows for two things: less capital for investment (until you call) and less capital at risk (you can lose only what you paid for options). Put options are opposite. When you write option and somebody buys them you promise to buy back shares (if requested) at that specified price. Even if they are not worth that price. So both things are kinds of bet. And in this case, it appears someone bought a put option to purchase 1 share with a strike price of BTC3.5, nearly 100x above the market price. |
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cp1
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July 02, 2013, 09:41:32 PM |
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And in this case, it appears someone bought a put option to purchase 1 share with a strike price of BTC3.5, nearly 100x above the market price.
Yeah, big difference between TAT.ASICMINER and ASICMINER-PT |
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ThunderSheep
Member
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Activity: 88
Merit: 10
The sheep who walks through walls.
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July 02, 2013, 10:34:21 PM |
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Out of curiosity, are Eric M. and myself the only Canadian AM shareholders here? I know we have more lurking in the shadows!
You can add me to the list of lurking Canadian shareholders. Wednesday is no longer hump day; it's climax day!  |
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JordanL
Donator
Sr. Member
Offline
Activity: 294
Merit: 250
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July 02, 2013, 11:06:02 PM |
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Out of curiosity, are Eric M. and myself the only Canadian AM shareholders here? I know we have more lurking in the shadows!
You can add me to the list of lurking Canadian shareholders. Wednesday is no longer hump day; it's climax day! We're in Vancouver. :-) |
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Luckybit
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July 02, 2013, 11:19:19 PM |
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Step away for a week and the price has EXPLODED! Pleasant pleasant surprise. Where do you think the ceiling is? Still time to buy in more?
I think the ceiling is around 12BTC per share. I think we will surpass 6 this week and be halfway to what I'd consider to be the reasonable ceiling. If it goes higher than 12BTC per share then we know it's just a bubble. Big players will sell at around 10BTC per share which is why I put 12 as a ceiling because it's psychological similar to when BTC passed $100 the first time. Everybody who got in at 2.5-3 are in a position to keep buying more shares. If you're just getting in now at 5BTC a share you may still profit, and anyone getting in at 6BTC is just speculating that it will get to 10. I predict it will go as high as it can go until a big player decides to sell and even if they do sell it only buys us some time, maybe a couple weeks. |
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MikkisJ
Member
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Activity: 126
Merit: 11
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July 02, 2013, 11:32:59 PM |
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How large in the next batch of USB miners that shoud come in 1 week?
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nubbins
Legendary
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Activity: 1554
Merit: 1009
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July 03, 2013, 12:39:14 AM |
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Out of curiosity, are Eric M. and myself the only Canadian AM shareholders here? I know we have more lurking in the shadows!
You can add me to the list of lurking Canadian shareholders. Wednesday is no longer hump day; it's climax day! We're in Vancouver. :-) St. John's  |
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velacreations
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July 03, 2013, 12:46:22 AM |
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We just hit 5 btc/share on BTCT.co
Congrats everyone!
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SOSLOVE868
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July 03, 2013, 12:47:32 AM |
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We just hit 5 btc/share on BTCT.co
Congrats everyone!
To the moon. |
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