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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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 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Or is it
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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.
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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
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
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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. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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@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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June 06, 2013, 08:45:35 AM |
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Gotta love dividends ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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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
Legendary
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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?! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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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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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?! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Just shows how much we love ASIC and friedcat to even have the dream of such ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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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 ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) 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 ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) 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 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Me, first post here ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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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, 10:54:04 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 ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) 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 ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) 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 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) And I'll take a medium/large hehe Me, first post here ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) 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 ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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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. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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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. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) There are 1076 shares left/missing in this sheet, so technically there could be 1100+ shareholders with just 1 share ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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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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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. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) There are 1076 shares left/missing in this sheet, so technically there could be 1100+ shareholders with just 1 share ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) And there are obviously some owners via PT shares, like me.
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eltopo
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June 06, 2013, 01:11:39 PM |
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And there are obviously some owners via PT shares, like me.
There are only direct shareholders listed. The direct shares from the PT operators should of course be included.
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romerun
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Bitcoin is new, makes sense to hodl.
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June 06, 2013, 01:17:11 PM |
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I just read the BFL for ASICMINER two pages ago and I would like to add my take on this. I got myself a BFL single 60GH for 18.2BTC with some of my ASICMINER "dividends" instead of buying more shares (of course I did with most of the rest of the divs!). The idea was, as a miner, it doesn't matter how profitable ASICMINER as a whole it is just how much hashing power it provides per share. The extra point here is ASICMINER is increasing mining power per share, and doing it easier, faster and cheaper than other companies do. Plus the hardware sells of course. Now as a diversification attempt I got myself 18.2BTC/60GHps=3.296703297GHps per BTC, It was a gamble on the future that BFL would not be "that" late that 1 share of asicminer would reach 3.296703297*2.4=7.912087912 GHps before the mining device arrive and I start hashing with it, of course I accounted for the divs happening in that time. If this gamble were in my favor it would be more profitable that I got that miner instead of buying "more" asicminer shares with those 18.2BTC. This is what I did. Please tell me where I am fundamentally flawed and I deserve to be "deeply fried" <-(got the reference ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) ) flaw is, once you've got 60GH, it's fixed at 3.29x GH / BTC, but AM hash / BTC will keep rising till the end of the world
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