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velacreations
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June 06, 2013, 04:47:31 AM |
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good point, i actually thought of this to be the reason i want to invest in asicminer and bitcoin, so i can live off dividends,
i guess you have to take it into account, and have some reserve ready for rainy days,
just start planning around receiving the dividends on Friday. When they arrive on Thursday, you feel good because they came early... |
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SolidG
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June 06, 2013, 04:57:05 AM |
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Cool, just wondering, no fix or bump needed lol  |
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gmouse
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June 06, 2013, 06:04:15 AM |
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what if you live dividend to dividend and a delay in confirmations means no funds for rent.
I suggest living Friday to Friday then, and diversifying a bit. Surely, no one lives week to week on the dividends, unless they are beyond messed up... |
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freedomno1
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Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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June 06, 2013, 06:08:41 AM
Last edit: June 06, 2013, 08:17:53 AM by freedomno1 |
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what if you live dividend to dividend and a delay in confirmations means no funds for rent.
I suggest living Friday to Friday then, and diversifying a bit. Surely, no one lives week to week on the dividends, unless they are beyond messed up... What would be more messed up is someone is living on dividends using bitcoin and then converting them to FIAT at this stage in time to pay their rent and so is short this week Too soon Too soon  Or is it |
Believing in Bitcoins and it's ability to change the world
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tkone
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June 06, 2013, 06:53:57 AM |
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got satoshis and dividendzzzzzzz moar dividendzzzzzzz
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EskimoBob
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Quality Printing Services by Federal Reserve Bank
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June 06, 2013, 07:23:26 AM |
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friedcat, please get your act together and move ASICMINER shares to btct.co. I am sure your can do something more valuable with your time than generating dust. |
While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
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Eric Muyser
Full Member
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Activity: 224
Merit: 100
You can't kill math.
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June 06, 2013, 07:45:13 AM |
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friedcat, please get your act together and move ASICMINER shares to btct.co. I am sure your can do something more valuable with your time than generating dust. Be careful, Eskimo Bob, I will go to war for Fried Cat.  |
@EricMuyser | EricMuyser.com | OTC - "Defeat is a state of mind; no one is ever defeated until defeat has been accepted as a reality" - Bruce Lee
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jgalt
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Activity: 36
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June 06, 2013, 08:45:35 AM |
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Gotta love dividends |
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Luckybit
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June 06, 2013, 09:30:19 AM |
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what if you live dividend to dividend and a delay in confirmations means no funds for rent.
I suggest living Friday to Friday then, and diversifying a bit. Surely, no one lives week to week on the dividends, unless they are beyond messed up... What if they live in a developing country? |
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Lohoris
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June 06, 2013, 09:34:37 AM |
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what if you live dividend to dividend and a delay in confirmations means no funds for rent.
I suggest living Friday to Friday then, and diversifying a bit. Surely, no one lives week to week on the dividends, unless they are beyond messed up... What if they live in a developing country? It doesn't matter how much you earn or need or spend. The whole point is that you should be able to save at least "one cycle" of money, as a fallback in case the next cycle gets delayed. So if you live off your dividends, fine, but you should save at least one week of them, to be used in case next week comes later. That's so obvious and natural I fail to see how can you miss it. |
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Luckybit
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June 06, 2013, 09:59:04 AM |
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what if you live dividend to dividend and a delay in confirmations means no funds for rent.
I suggest living Friday to Friday then, and diversifying a bit. Surely, no one lives week to week on the dividends, unless they are beyond messed up... What if they live in a developing country? It doesn't matter how much you earn or need or spend. The whole point is that you should be able to save at least "one cycle" of money, as a fallback in case the next cycle gets delayed. So if you live off your dividends, fine, but you should save at least one week of them, to be used in case next week comes later. That's so obvious and natural I fail to see how can you miss it. What if you cannot afford to do that? What if your electric bill has to be paid? |
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binaryFate
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Activity: 1484
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Still wild and free
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June 06, 2013, 10:17:44 AM |
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Ahaha, you guys are arguing about how to live out of dividends, what a hard life huh?!  |
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
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Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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June 06, 2013, 10:19:01 AM |
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Ahaha, you guys are arguing about how to live out of dividends, what a hard life huh?! Just shows how much we love ASIC and friedcat to even have the dream of such |
Believing in Bitcoins and it's ability to change the world
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SmiGueL
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June 06, 2013, 10:33:28 AM
Last edit: June 06, 2013, 11:04:05 AM by SmiGueL |
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[BigPic] Quickly becoming an iconic picture. SmiGuel, you should print some T-shirts with this and we can all wear them at the annual shareholders party.
link Very nice, taking a profit of someone else's work  nah I just mocked that up real quick mostly as a joke, didn't actually order any or anything. Cafepress is just a site where anyone can create a tshirt design. I don't own it, and I'm not selling them. Oh, Of course it's no problem if you or anybody else is buying a t-shirt with that picture on it The point I wanted to make is that I don't like it when you sell the shirts and making a profit of somebody else's work *That's at least what the site sais: "You earn a royalty for each product sold!"O_O who made the original T-Shirt image Me, first post here |
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freedomno1
Legendary
Offline
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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June 06, 2013, 10:54:04 AM |
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[BigPic] Quickly becoming an iconic picture. SmiGuel, you should print some T-shirts with this and we can all wear them at the annual shareholders party.
link Very nice, taking a profit of someone else's work nah I just mocked that up real quick mostly as a joke, didn't actually order any or anything. Cafepress is just a site where anyone can create a tshirt design. I don't own it, and I'm not selling them. Oh, It's no problem if you or anybody else is buying a t-shirt with that picture on it The point I wanted to make is that I don't like it when you sell the shirts and making a profit of somebody else's work *That's at least what the site sais: "You earn a royalty for each product sold!"O_O who made the original T-Shirt image And I'll take a medium/large hehe Me, first post here So that was Josh in the middle hehe and it is worthy of wearing to a shareholders meeting That or the frying pan fried cat (Known as the Cat signal) lol jokingly and affectionately of course |
Believing in Bitcoins and it's ability to change the world
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tinus42
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June 06, 2013, 11:31:24 AM |
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I saw my address. Amazing that there are only 428 shareholders and only 30 guys who have only a single direct share, me included. |
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SmiGueL
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June 06, 2013, 11:45:43 AM
Last edit: June 06, 2013, 12:06:07 PM by SmiGueL |
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I saw my address. Amazing that there are only 428 shareholders and only 30 guys who have only a single direct share, me included. There are 1076 shares left/missing in this sheet, so technically there could be 1100+ shareholders with just 1 share |
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Lohoris
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June 06, 2013, 12:35:01 PM |
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It doesn't matter how much you earn or need or spend.
The whole point is that you should be able to save at least "one cycle" of money, as a fallback in case the next cycle gets delayed.
So if you live off your dividends, fine, but you should save at least one week of them, to be used in case next week comes later.
That's so obvious and natural I fail to see how can you miss it.
What if you cannot afford to do that? What if your electric bill has to be paid? If you have exhausted your reserves, you have already fucked up. No point in crying about a delayed dividend, you should have acted sooner. By the way, if you really have such an urgency, you can still sell 1 share, which is definitely worth more than 1 dividend, pay your bills, replenish your reserve, and you'll buy it back when you can. |
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fiaskow
Newbie
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Activity: 23
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June 06, 2013, 12:41:14 PM |
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I saw my address. Amazing that there are only 428 shareholders and only 30 guys who have only a single direct share, me included. There are 1076 shares left/missing in this sheet, so technically there could be 1100+ shareholders with just 1 share And there are obviously some owners via PT shares, like me. |
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