ASICMINER: Entering the Future of ASIC Mining by Inventing It

[ianp]

I encourage people without any idea about probabilities and statistics to NOT tell us in the name of probabilities and statistics what are only their "feelings". Many thanks!

I'll tell you my personal take -- when you see a streak of 2 or 2, skip one, and 2 more.. Anything after that is typically not margin of error/luck/fluke. If you see a 2 or 2-x-2 streak, then it's likely luck.

Just an observation that I can't quantify.

Thanks for the example!  

No problem -- For what it's worth, I have a strong background in statistics and probability. But some things are just too difficult to quantify, and or we don't really have enough information to quantify.

I think with ASICMINER this week, we're the later.

Ian

[freedomno1]

Settle down settle down, remember that as recently as May 9, 2013... 0.01108519/share was considered stellar performance... Today's dividend is 63% higher than that of May 9th.

remember that back in may 9th it was trading at 1.5 BTC. not 2.8 BTC.

Estimates one more week of scared panic whistle  
Long live Friedcat! XD

(Mumbles thought that the information was pretty widely available that the div would be lower lol)
(Changes selling strategy for next week he-he market logic)

[gramma]

anyway it seems to me that some of the "investors" here are like kids and they start panicking at a slightly lower dividend. I mean everybody knew that the dividends are going to be lower this week. Alright, the speculator weak hands will shake and we can get cheaper shares...

OH yeah - I've increased my holdings nicely today, playing the admittedly dangerous high/low game.  That's a healthy "dividend" that more than makes up for the decrease in dividends.  And if my purchases gave someone some relief from their nerves, then it's a win for them, too.

[SOSLOVE868]

anyway it seems to me that some of the "investors" here are like kids and they start panicking at a slightly lower dividend. I mean everybody knew that the dividends are going to be lower this week. Alright, the speculator weak hands will shake and we can get cheaper shares...

OH yeah - I've increased my holdings nicely today, playing the admittedly dangerous high/low game.  That's a healthy "dividend" that more than makes up for the decrease in dividends.  And if my purchases gave someone some relief from their nerves, then it's a win for them, too.

Me too. Get a extra 4 shares this much much better than dividend ...

[ShroomsKit]

This is my first week with shares. I guess i'm overlooking something but shouldn't my dividend show up under "My Dividends" on btct.co?
It still shows as 0. Am i supposed to do something?

[gramma]

This is my first week with shares. I guess i'm overlooking something but shouldn't my dividend show up under "My Dividends" on btct.co?
It still shows as 0. Am i supposed to do something?

Wait as patiently as you can manage.  First the divs will go to the PTs, then be forwarded along to the PT share holders.

[freedomno1]

This is my first week with shares. I guess i'm overlooking something but shouldn't my dividend show up under "My Dividends" on btct.co?
It still shows as 0. Am i supposed to do something?

Burnside hasn't released it yet
TAT's already did
You can check in the history tab

[ShroomsKit]

Settle down settle down, remember that as recently as May 9, 2013... 0.01108519/share was considered stellar performance... Today's dividend is 63% higher than that of May 9th.

remember that back in may 9th it was trading at 1.5 BTC. not 2.8 BTC.

EXACTLY

and there it is, share prices at 2.69...

I noticed all you do here is spread fud and talk shit about Asicminer.
I'm just wondering why exactly.
What's in it for you by doing that?

[freedomno1]

We got lonely without any bears 

[ShroomsKit]

This is my first week with shares. I guess i'm overlooking something but shouldn't my dividend show up under "My Dividends" on btct.co?
It still shows as 0. Am i supposed to do something?

Burnside hasn't released it yet
TAT's already did
You can check in the history tab

Thanks for the answer although i'm not sure what you mean with it.
Anyway, i simply have to wait?
Sorry, just came online, figured it was paid out by now.

[freedomno1]

This is my first week with shares. I guess i'm overlooking something but shouldn't my dividend show up under "My Dividends" on btct.co?
It still shows as 0. Am i supposed to do something?

Burnside hasn't released it yet
TAT's already did
You can check in the history tab

Thanks for the answer although i'm not sure what you mean with it.
Anyway, i simply have to wait?
Sorry, just came online, figured it was paid out by now.

You can check in the history tab if it's already completed the dividend has been paid out
TAT.ASICminer has paid the dividends should have gotten an e-mail dividend notification
http://postimg.org/image/jxyx5f1nd/172505cf/

ASICMINER-PT has not yet received it's dividend burnside is at a meeting
http://postimg.org/image/qzsupgz1f/

You can check the history tab to see if dividends have been released hope that makes more sense
Free

[ShroomsKit]

This is my first week with shares. I guess i'm overlooking something but shouldn't my dividend show up under "My Dividends" on btct.co?
It still shows as 0. Am i supposed to do something?

Burnside hasn't released it yet
TAT's already did
You can check in the history tab

Thanks for the answer although i'm not sure what you mean with it.
Anyway, i simply have to wait?
Sorry, just came online, figured it was paid out by now.

Reserved post give me a sec I'll screenshot of what I mean

You can check in the history tab if it's already completed the dividend has been paid out
TAT.ASICminer has paid the dividends should have gotten an e-mail dividend notification
http://postimg.org/image/jxyx5f1nd/172505cf/

ASICMINER-PT has not yet received it's dividend burnside is at a meeting
http://postimg.org/image/qzsupgz1f/

You can check the history tab to see if dividends have been released hope that makes more sense
Free

Ah understand it now! Great, thanks for taking the time.

[freedomno1]

This is my first week with shares. I guess i'm overlooking something but shouldn't my dividend show up under "My Dividends" on btct.co?
It still shows as 0. Am i supposed to do something?

Burnside hasn't released it yet
TAT's already did
You can check in the history tab

Thanks for the answer although i'm not sure what you mean with it.
Anyway, i simply have to wait?
Sorry, just came online, figured it was paid out by now.

Reserved post give me a sec I'll screenshot of what I mean

You can check in the history tab if it's already completed the dividend has been paid out
TAT.ASICminer has paid the dividends should have gotten an e-mail dividend notification
http://postimg.org/image/jxyx5f1nd/172505cf/

ASICMINER-PT has not yet received it's dividend burnside is at a meeting
http://postimg.org/image/qzsupgz1f/

You can check the history tab to see if dividends have been released hope that makes more sense
Free

Ah understand it now! Great, thanks for taking the time.

No problem 
Back to random ASIC conversations

[VolanicEruptor]

"Back to the mothafuckin ASICS"

[JordanL]

And 2.5 Wall is 100% Done

Jutarul
Final Update

0 shares available.
2000 shares paid.

Thank you all for participating in this successful transfer of equity. I hope that AM shares will be a good match for your portfolio.

Jutarul is long sighted eh.. He knows they aren't worth that much

Ignorant statement.

Jutarul started that auction when the price was right around BTC2.5, and like any good businessperson, he sticks to the terms he agrees to. He bought (at least most of, likely all) his shares at the IPO (BTC0.1/share), and has said publicly that he set for himself how many shares he would sell when they hit certain price points, and/or at certain stages of ASICMINER's development.

He has done similar auctions at various price points, dating back to (at least) around the time ASICMINER first announced the successful testing of their chips, in mid-January, when shares really began changing hands again OTC. Some of us lucky (or smart) duckies picked up shares then for BTC0.5, and Jutarul recouped (I believe) more than his initial investment, while only unloading a small part of his holdings.

Jutarul has been a supporter of ASICMINER since the beginning, and as far as I know he remains one. I would be surprised if he wasn't still a board member, or even more involved than that. I am speculating in this paragraph based on my very limited knowledge of and contact with him, but I would wager that he still has shares ready to sell at other price points... like say BTC5 in the fall when the next gen chips are rolled out. That will likely be around the time ASICMINERs competitors finally start delivering their first gen products en mass. 

I probably should just let this uninformed nonsense stand, since I am still buying more ASICMINER right now, but all this useless speculation to try to drive the passthrough prices down a few ticks is getting old.

[freedomno1]

And 2.5 Wall is 100% Done

Jutarul
Final Update

0 shares available.
2000 shares paid.

Thank you all for participating in this successful transfer of equity. I hope that AM shares will be a good match for your portfolio.

Jutarul is long sighted eh.. He knows they aren't worth that much

Ignorant statement.

Jutarul started that auction when the price was right around BTC2.5, and like any good businessperson, he sticks to the terms he agrees to. He bought (at least most of, likely all) his shares at the IPO (BTC0.1/share), and has said publicly that he set for himself how many shares he would sell when they hit certain price points, and/or at certain stages of ASICMINER's development.

He has done similar auctions at various price points, dating back to (at least) around the time ASICMINER first announced the successful testing of their chips, in mid-January, when shares really began changing hands again OTC. Some of us lucky (or smart) duckies picked up shares then for BTC0.5, and Jutarul recouped (I believe) more than his initial investment, while only unloading a small part of his holdings.

Jutarul has been a supporter of ASICMINER since the beginning, and as far as I know he remains one. I would be surprised if he wasn't still a board member, or even more involved than that. I am speculating in this paragraph based on my very limited knowledge of and contact with him, but I would wager that he still has shares ready to sell at other price points... like say BTC5 in the fall when the next gen chips are rolled out. That will likely be around the time ASICMINERs competitors finally start delivering their first gen products en mass.  

I probably should just let this uninformed nonsense stand, since I am still buying more ASICMINER right now, but all this useless speculation to try to drive the passthrough prices down a few ticks is getting old.

Since I scared the market adds a cite note XD
I forgot to mention that he holds 8,000
https://bitcointalk.org/index.php?topic=213729.0
I am currently holding 10000 shares, which can be verified at https://blockchain.info/tx/3c07216fce4bd45d0c7d49eabe21a4c137691e481527d0f936b65e49bc7bb7cf by looking up my address: 1KbAD8KU1u6uw6nHSJEYpdZfgQbNbTAkH2

But didn't want to scare the market with walls of Godly ownage at mysterious price points if I had to mention useless speculation
When will he sell next zomg panic now hehe

[pikeadz]

"Back to the mothafuckin ASICS"

Aww yiss.  Motha fuckin ASICS.

[Exocyst]

I am currently holding 10000 shares, which can be verified at https://blockchain.info/tx/3c07216fce4bd45d0c7d49eabe21a4c137691e481527d0f936b65e49bc7bb7cf by looking up my address: 1KbAD8KU1u6uw6nHSJEYpdZfgQbNbTAkH2

For the life of me, I cannot figure out what good could come from these statements. Best to keep your holdings private or at least discreet IMO. Reminds me of my Dad's buddy from medical school who is always boasting about his safe full of gold and guns when he gets drunk.

I'm sure you know how to protect yourself freedomno1, but it sets a poor example for the naive who may not realize the scammers which lurk on this board.

To fellow recent arrivals to the bitcoin scene, I suggest this approach:
Trust me, I'm poor, nothing to see here, move along 

[freedomno1]

I am currently holding 10000 shares, which can be verified at https://blockchain.info/tx/3c07216fce4bd45d0c7d49eabe21a4c137691e481527d0f936b65e49bc7bb7cf by looking up my address: 1KbAD8KU1u6uw6nHSJEYpdZfgQbNbTAkH2

For the life of me, I cannot figure out what good could come from these statements. Best to keep your holdings private or at least discreet IMO. Reminds me of my Dad's buddy from medical school who is always boasting about his safe full of gold and guns when he gets drunk.

I'm sure you know how to protect yourself freedomno1, but it sets a poor example for the naive who may not realize the scammers which lurk on this board.

To fellow recent arrivals to the bitcoin scene, I suggest this approach:
Trust me, I'm poor, nothing to see here, move along  

I was quoting Jutarul I wish I had that many XD And he's pretty much OP (Knows more than enough security)

Unfortunately
Trust me, I'm poor, nothing to see here but a minecraft code, move along  

I'm not at that scale please check the Vladmir Club thread for the most profitable scamming locations XD
https://bitcointalk.org/index.php?topic=98239.0
Vladimir Isn't good enough for you FINE MAKE THIS LIST
https://bitcointalk.org/index.php?topic=177348.0
XD

[AMuppInTime]

To fellow recent arrivals to the bitcoin scene, I suggest this approach:
Trust me, I'm poor, nothing to see here, move along 

+1