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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3916266 times)
mithrandi
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May 22, 2013, 04:26:17 PM
 #5581

The transactions are fine, there's just a huge chain of unconfirmed transactions (input for one transaction is the change output from the previous transaction) so it'll take some time for everything to be included in a block.

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TheSwede75
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May 22, 2013, 04:26:40 PM
 #5582

a conventional mutual fund manages billions are dollars worth of assets.

Take a look:

http://money.cnn.com/magazines/moneymag/bestfunds/index.html

Some of the top funds holding billions in assets have a fee of <1%. Other top funds (mid-cap) hold far less than "billions" ... more like in the 100s of millions.

Show me a conventional mutual fund with dividends equal to Asicminer and I will give you a back rub with a happy ending!
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May 22, 2013, 04:28:00 PM
 #5583

a conventional mutual fund manages billions are dollars worth of assets.

Take a look:

http://money.cnn.com/magazines/moneymag/bestfunds/index.html

Some of the top funds holding billions in assets have a fee of <1%. Other top funds (mid-cap) hold far less than "billions" ... more like in the 100s of millions.

True. But you forget here that most funds have an issue surcharge of 5% that you pay when you buy them.
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May 22, 2013, 04:32:14 PM
 #5584

Show me a conventional mutual fund with dividends equal to Asicminer and I will give you a back rub with a happy ending!

That was never the issue. The issue is facts. I'm merely correcting his statement that not all mutual funds manage billions in assets.

Some mutual funds charge a front-load, transaction fees, or 12b-1 fees. But not all. If you have a brokerage account, you can always take advantage of no-load, no-fee funds. So I'm not sure vortex1878's point reflects "most" funds.

Past and current returns from AM have been stellar. Whether future returns are as good (or better) is pure speculation, or at best an educated guess, just like on Wall Street.

Whether 5% management fee is too much, too little, or just right, is ultimately for the individual investor or the market to decide.

I don't know half of you half as well as I should like; and I like less than half of you half as well as you deserve.
Ƀ:17wbDetEw2aESM5oWXbm5ih9NSdDruyWNT
TheSwede75
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May 22, 2013, 04:33:50 PM
 #5585

Show me a conventional mutual fund with dividends equal to Asicminer and I will give you a back rub with a happy ending!

That was never the issue. The issue is facts. I'm merely correcting the fact that not all mutual funds manage billions in assets.

Point taken.
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May 22, 2013, 04:39:29 PM
 #5586

The last unblocked transaction in the chain has 15 confirmations. https://blockchain.info/tx/618364652674551068cff5ce6a9b3889a6836c662c0f28c69c015e12ec6b6a6e

Is it out of the question that blockchain info has a bug?
miTgiB
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May 22, 2013, 04:53:42 PM
 #5587

Show me a conventional mutual fund with dividends equal to Asicminer and I will give you a back rub with a happy ending!

That was never the issue. The issue is facts. I'm merely correcting his statement that not all mutual funds manage billions in assets.

Some mutual funds charge a front-load, transaction fees, or 12b-1 fees. But not all. If you have a brokerage account, you can always take advantage of no-load, no-fee funds. So I'm not sure vortex1878's point reflects "most" funds.

Past and current returns from AM have been stellar. Whether future returns are as good (or better) is pure speculation, or at best an educated guess, just like on Wall Street.

Whether 5% management fee is too much, too little, or just right, is ultimately for the individual investor or the market to decide.

But this discussion is on TAT micro shares, correct, and the management fee is 5% only on the dividends, so the management fee of other funds that charge on total assets under management are not comparable. Also, if you don't wish to pay the 5% fee on dividends, don't buy the TAT vehicle, just that simple, everyone can make their own intelligent choice, but the discussion doesn't belong in this thread, one of the TAT threads would be a more appropriate place.
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May 22, 2013, 04:54:36 PM
 #5588

Show me a conventional mutual fund with dividends equal to Asicminer and I will give you a back rub with a happy ending!

That was never the issue. The issue is facts. I'm merely correcting his statement that not all mutual funds manage billions in assets.

Some mutual funds charge a front-load, transaction fees, or 12b-1 fees. But not all. If you have a brokerage account, you can always take advantage of no-load, no-fee funds. So I'm not sure vortex1878's point reflects "most" funds.

Past and current returns from AM have been stellar. Whether future returns are as good (or better) is pure speculation, or at best an educated guess, just like on Wall Street.

Whether 5% management fee is too much, too little, or just right, is ultimately for the individual investor or the market to decide.

I agree on your point regarding a brokerage account. But I believe buying a TAT 1/100 PT on bitfunder etc. can be more compared to buying a fund in an ordinary custody account, and there you normally pay 5% issue surcharge.
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May 22, 2013, 04:58:04 PM
 #5589

Could this have to do with the bug in bitcoind that caused invalid blocks being generated?

I believe there was a fix for that only yesterday. And maybe ASICMiner have not yet applied that bugfix.

Could somebody who is not a n00b like me please answer my question?
mithrandi
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May 22, 2013, 05:00:29 PM
 #5590

The last unblocked transaction in the chain has 15 confirmations. https://blockchain.info/tx/618364652674551068cff5ce6a9b3889a6836c662c0f28c69c015e12ec6b6a6e

Is it out of the question that blockchain info has a bug?

The next transaction in the chain is this one: https://blockchain.info/tx-index/74252194

One of the inputs to that transaction is https://blockchain.info/tx-index/74245888/0 which is still unconfirmed.

Could this have to do with the bug in bitcoind that caused invalid blocks being generated?

I believe there was a fix for that only yesterday. And maybe ASICMiner have not yet applied that bugfix.

Could somebody who is not a n00b like me please answer my question?

I don't see anything to suggest that this is a problem with invalid blocks, it's just a matter of unconfirmed transactions being used as inputs for other transactions.

aahzmundus
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May 22, 2013, 05:10:53 PM
 #5591

The last unblocked transaction in the chain has 15 confirmations. https://blockchain.info/tx/618364652674551068cff5ce6a9b3889a6836c662c0f28c69c015e12ec6b6a6e

Is it out of the question that blockchain info has a bug?

The next transaction in the chain is this one: https://blockchain.info/tx-index/74252194

One of the inputs to that transaction is https://blockchain.info/tx-index/74245888/0 which is still unconfirmed.

Could this have to do with the bug in bitcoind that caused invalid blocks being generated?

I believe there was a fix for that only yesterday. And maybe ASICMiner have not yet applied that bugfix.

Could somebody who is not a n00b like me please answer my question?

I don't see anything to suggest that this is a problem with invalid blocks, it's just a matter of unconfirmed transactions being used as inputs for other transactions.

Interesting, I have never seen that done before... I knew SOMETHING was up... just not what. If you send me an address I will gladly tip you.

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May 22, 2013, 05:16:00 PM
 #5592

Added an address to my signature Smiley

DeaDTerra
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May 22, 2013, 05:16:40 PM
 #5593

I have yet to receive my dividend.
That is for approximately 18k Shares :8
Makes me a bit worried.
//DeaDTerra
mithrandi
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May 22, 2013, 05:24:01 PM
 #5594

I think once https://blockchain.info/tx/ebcc6b474b80b175cbfe2ac37f7ac5a5e70d2ac673290856b996d06321855013 is included in a block, the rest of the transactions should resolve; this transaction has been unconfirmed for quite a while though, so I wonder if the fee is too low or something like that (36 kB is a pretty large transaction).

AMuppInTime
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May 22, 2013, 05:24:16 PM
 #5595

I can see the satoshis and the div payment transaction. But the div transaction is showing as "unconfirmed"  while both transactions are 2-3 hours old... anyone else seeing this?

DeaDTerra did this ever occur in the past?
DeaDTerra
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May 22, 2013, 05:25:45 PM
 #5596

I can see the satoshis and the div payment transaction. But the div transaction is showing as "unconfirmed"  while both transactions are 2-3 hours old... anyone else seeing this?

DeaDTerra did this ever occur in the past?
I think it happened to me before,
I got the dividend like 12 hours after everyone else.
//DeaDTerra
bitman442
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May 22, 2013, 05:28:32 PM
 #5597

Yeah, I got my Satoshis but not my div. payment yet. One strange thing though, the first time I opened my wallet it gave me an I/O error and closed. Restarted my computer and then it worked fine. Never seen it do that before. I'll check it after work in about 3 hours.
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May 22, 2013, 05:30:44 PM
 #5598

I can see the satoshis and the div payment transaction. But the div transaction is showing as "unconfirmed"  while both transactions are 2-3 hours old... anyone else seeing this?

DeaDTerra did this ever occur in the past?
I think it happened to me before,
I got the dividend like 12 hours after everyone else.
//DeaDTerra

Something similar happened here http://www.reddit.com/r/Bitcoin/comments/1eppnb/48_hour_unconfirmed_transaction_whats_wrong_here/  In the end the transaction vanished
DeaDTerra
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May 22, 2013, 05:31:39 PM
 #5599

I can see the satoshis and the div payment transaction. But the div transaction is showing as "unconfirmed"  while both transactions are 2-3 hours old... anyone else seeing this?

DeaDTerra did this ever occur in the past?
I think it happened to me before,
I got the dividend like 12 hours after everyone else.
//DeaDTerra

Something similar happened here http://www.reddit.com/r/Bitcoin/comments/1eppnb/48_hour_unconfirmed_transaction_whats_wrong_here/  In the end the transaction vanished
It is not unconfirmed.
It is not showing up at all.
I will try to restart the wallet.
//DeaDTerra
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May 22, 2013, 05:38:29 PM
 #5600

Same here, I can see satoshis, but not the dividends.
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