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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3918551 times)
glendall
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June 07, 2013, 08:09:51 PM
Last edit: June 07, 2013, 08:35:16 PM by glendall
 #6781

How can people be upset that their may be a price drop?

Sort of like being upset it's raining. Kind of childish. Understandable but not really productive..

Maybe you bought it at too high of a price then if you are upset about a price drop. For anyone who bought at <2 BTC a share, of which there are many, than they aren't too shook up about a potential drop from 2.5 to 2.4 a share.
metavox
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June 07, 2013, 08:31:29 PM
 #6782

How can people be upset that their may be a price drop?

Sort of like being upset it's raining. Kind of childish.

Maybe you bought it at too high of a price then if you are upset about a price drop. For anyone who bought at <2 BTC a share, of which there are many, than they aren't too shook up about a potential drop from 2.5 to 2.4 a share.

Good point.  It's also a question of short-term speculation vs long-term growth/viability.  Even if you bought at/near the recent high, near-term dips below your buy-in price don't matter if you have confidence in AM management in the long run.
velacreations
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June 07, 2013, 08:45:34 PM
 #6783

a potential drop from 2.5 to 2.4 a share.

I'm seeing shares selling for almost 2.6 in the auctions.  With demand like that, I think people would be crazy to sell for less than 2.5

sveetsnelda
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June 07, 2013, 08:54:37 PM
 #6784

Has there been any word about the price of blades and/or USBs being reduced? I'm an advocate for selling them at as high a price point as the market allows, even though I'm purchasing them, but with with the recent spike in difficulty it would seem to make sense to consider a price reduction. A definitive yes or no over the next week or two would be great, I can't be the only one hesitating to place more orders due to this uncertainty.
Same story here.  I've been buying, but I don't think it'd be financially viable for me to buy any more blades until the price is adjusted.  BFL has obviously had a horrid track record, but they're certainly ramping up the shipments.  Difficulty is about to go bananas.

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freedomno1
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June 07, 2013, 09:59:26 PM
 #6785

No problem learning more and getting less confused with each clarification Smiley
In Friedcat's dividend where did that 0.00000001 come from?

Before friedcat sends the dividends transaction, he sends another transaction that is used to identify how many shares each address owns.  If you own 1 share, you get paid 0.00000001.  If you own 5 shares, you get paid 0.0000005.  If you own 2000 shares, you get paid 0.00002000, etc.  Since there are people that do own only 1 share, this transaction always has at least one 0.00000001 payment in it and so it always looks like spam.

Thanks for explaining the client change and hope that algorithm adaption occurs sometime in the near future
Is their any time-frame at this stage on that

Gavin didn't say.

So that's why it treats the sending as spam when sent in chain blocks.
I was wondering if its the algorithm adoption is correlated to any project development threads for referencing similar to this
https://bitcointalk.org/index.php?topic=204283.0

Thanks again Smiley

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crashoveride54902
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June 07, 2013, 11:10:24 PM
 #6786

How can people be upset that their may be a price drop?

Sort of like being upset it's raining. Kind of childish.

Maybe you bought it at too high of a price then if you are upset about a price drop. For anyone who bought at <2 BTC a share, of which there are many, than they aren't too shook up about a potential drop from 2.5 to 2.4 a share.

Good point.  It's also a question of short-term speculation vs long-term growth/viability.  Even if you bought at/near the recent high, near-term dips below your buy-in price don't matter if you have confidence in AM management in the long run.

I believe in AM shares...฿ 2.679 for 1 share is what i paided...and i'm happy i did it cause i believe share price will continue to climb, also pray/hope i'm right Smiley so i hope they keep 20-30% of the network for a long time to come...

Dreams of cyprto solving everything is slowly slipping away...Replaced by scams/hacks Sad
nubbins
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June 07, 2013, 11:47:25 PM
 #6787

grilled cat identity USB mining machine!!!

No longer buying/selling Casascius coins. Beware scammers.
My OTC Web of Trust ratings / What's a PGP chain of custody?
binaryFate
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June 07, 2013, 11:58:16 PM
 #6788

I tend to believe friedcat thinks there are other things he can do to maximize dividends.

grilled cat identity USB mining machine!!!

Smart move, competitors didn't see that coming...

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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June 08, 2013, 12:06:52 AM
 #6789

grilled cat identity USB mining machine!!!

Well blame Google Translate, obviously it is not perfect.

I did that because I think what Friedcat says in relation to ASICminer, even if it is in another language, should be posted here.


Google Translate a Meme making machine
(Well it fits for the frying pan and cat silhouette T-Shirt)
Grilled or Fried we do not mind Smiley

That said this news is interesting

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June 08, 2013, 12:35:33 AM
 #6790


Google Translate a Meme making machine
(Well it fits for the frying pan and cat silhouette T-Shirt)
Grilled or Fried we do not mind Smiley



This shirt?: http://teespring.com/friedcat

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
freedomno1
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June 08, 2013, 12:49:00 AM
 #6791


Google Translate a Meme making machine
(Well it fits for the frying pan and cat silhouette T-Shirt)
Grilled or Fried we do not mind Smiley



This shirt?: http://teespring.com/friedcat

Yah that one  Cool

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boyohi
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June 08, 2013, 12:54:44 AM
 #6792


grilled roast cat cats communicate


mm right, right. tell me more.
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June 08, 2013, 01:00:35 AM
 #6793


Google Translate a Meme making machine
(Well it fits for the frying pan and cat silhouette T-Shirt)
Grilled or Fried we do not mind Smiley



This shirt?: http://teespring.com/friedcat

Is there any way that I can change the color?
freedomno1
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June 08, 2013, 01:03:44 AM
 #6794


Google Translate a Meme making machine
(Well it fits for the frying pan and cat silhouette T-Shirt)
Grilled or Fried we do not mind Smiley



This shirt?: http://teespring.com/friedcat

Is there any way that I can change the color?

Not my shirt project I just gave him a picture of a frying pan and a cat silhouette got to ask the other guy but I assume yes if the project succeeded
That or Tie Dye

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Therealcos
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June 08, 2013, 01:12:20 AM
 #6795

Hey guys, short question: Is it okay to use a Bitstamp address for ASICMiner shares?
Franktank
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June 08, 2013, 01:16:02 AM
 #6796

Hey guys, short question: Is it okay to use a Bitstamp address for ASICMiner shares?

I would recommend against it, get a Blockchain/Electrim/Armory wallet instead.
bitfair
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June 08, 2013, 01:19:43 AM
 #6797

grilled cat identity USB mining machine!!!

Cat rich or fry tryin'!
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June 08, 2013, 01:25:08 AM
 #6798

Quote from: friedcat on Today at 01:34:39 AM
rockxie IPO beginning ASICMINER from a board member, is now Bitfountain's distributor in China.

Exclusive rights to carry out when the next batch of products. This month's batch, there's buy and agents are not affected."

So, AM have a distributor in China. I look forward to the announcement that every schoolchild in the People's Republic will be issued with a block eruptor stick to learn about Bitcoin... Wink

 
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sveetsnelda
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June 08, 2013, 01:30:39 AM
 #6799

grilled cat identity USB mining machine!!!

Cat rich or fry tryin'!
lawwwwwwwwwwwwwwwwwwwwwl

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June 08, 2013, 01:33:53 AM
 #6800

Quote from: friedcat on Today at 01:34:39 AM
rockxie IPO beginning ASICMINER from a board member, is now Bitfountain's distributor in China.

Exclusive rights to carry out when the next batch of products. This month's batch, there's buy and agents are not affected."

So, AM have a distributor in China. I look forward to the announcement that every schoolchild in the People's Republic will be issued with a block eruptor stick to learn about Bitcoin... Wink

Wow. If that would be confirmed...

Edit: Distributor news, not schoolchild ones, haha
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