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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3916311 times)
VolanicEruptor
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LOL
June 25, 2013, 04:23:40 AM
 #8341

lol in my entire life, I have never seen such a rollercoaster of human emotion as I have seen in this thread..
We are fried sheep.

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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velacreations
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June 25, 2013, 04:58:38 AM
 #8342

lol in my entire life, I have never seen such a rollercoaster of human emotion as I have seen in this thread..
We are fried sheep.

welcome to the troll box

MrBubbles007
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June 25, 2013, 05:05:06 AM
 #8343

lol in my entire life, I have never seen such a rollercoaster of human emotion as I have seen in this thread..
We are fried sheep.

welcome to the troll box

"Hi, my name is John Trollston, from Trollarch, Im here to troll you" Cheesy
empoweoqwj
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June 25, 2013, 05:09:26 AM
 #8344

lol in my entire life, I have never seen such a rollercoaster of human emotion as I have seen in this thread..
We are fried sheep.

I bet this thread has nothing on threads where a stock has "done an Enron". Sincerely hope we never find out what that is like!!
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June 25, 2013, 08:32:03 AM
 #8345

lol in my entire life, I have never seen such a rollercoaster of human emotion as I have seen in this thread..
We are fried sheep.
Smiley How long before that's on a t-shirt?

When someone feels like creating another shirt design  Wink
For some reason psychedelia and fried sheep seem so familiar
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tinus42
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June 25, 2013, 08:43:43 AM
 #8346

Quote

Things that I think would help:
- Investors should use pass-through shares whenever they think they might hold the shares for less than 90 days or for transactions fewer than 10-20 shares. There are over 100 owners with shares in the single digits and I imagine that this creates extra administrative overhead for AM.


This is nonsense. It takes just as much work to transfer 1 share as it takes to transfer 10, 20, 100, 1,000 or 10,000 shares. There are only 430 shareholders at last count, it might become more tedious if there were thousands of shareholders, but even if there were 400,000 holders of 1 share a modern spreadsheet can handle it.
SmiGueL
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June 25, 2013, 09:05:59 AM
 #8347

This is nonsense. It takes just as much work to transfer 1 share as it takes to transfer 10, 20, 100, 1,000 or 10,000 shares.
Buying/selling a share in a passtrough doesn't cost friedcat a second, and transfering direct shares does Smiley

There are only 430 shareholders at last count, it might become more tedious if there were thousands of shareholders, but even if there were 400,000 holders of 1 share a modern spreadsheet can handle it.

This is not about the maximum size of a spreadsheet, it's about friedcat who can use his time better to deploy rigs & sell hardware instead of transferring shares all day Wink

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tinus42
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June 25, 2013, 09:14:34 AM
 #8348

This is nonsense. It takes just as much work to transfer 1 share as it takes to transfer 10, 20, 100, 1,000 or 10,000 shares.
Buying/selling a share in a passtrough doesn't cost friedcat a second, and transfering direct shares does Smiley

There are only 430 shareholders at last count, it might become more tedious if there were thousands of shareholders, but even if there were 400,000 holders of 1 share a modern spreadsheet can handle it.

This is not about the maximum size of a spreadsheet, it's about friedcat who can use his time better for deploying rigs & selling hardware instead of transferring shares all day Wink


Does he actually do all the transfers himself? He could have an assistant checking his PMs and doing all transfer requests for him.
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June 25, 2013, 09:17:45 AM
 #8349

Does he actually do all the transfers himself? He could have an assistant checking his PMs and doing all transfer requests for him.

This is what he said Wink

Update
It has been and will always be me myself who use the forum id friedcat to post updates and replies. If my partners are to announce the news or contact the shareholders instead of me, they will use their own account.


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tinus42
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June 25, 2013, 09:22:19 AM
 #8350

Does he actually do all the transfers himself? He could have an assistant checking his PMs and doing all transfer requests for him.

This is what he said Wink

Update
It has been and will always be me myself who use the forum id friedcat to post updates and replies. If my partners are to announce the news or contact the shareholders instead of me, they will use their own account.



Ah but he doesn't say that there is no-one with read-only access to his account. Makes sense or else nothing could be done if he had a sick day.
Lohoris
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June 25, 2013, 09:27:16 AM
 #8351

Ah but he doesn't say that there is no-one with read-only access to his account. Makes sense or else nothing could be done if he had a sick day.
I'm not aware of any forum software supporting such a feature.

1LohorisJie8bGGG7X4dCS9MAVsTEbzrhu
DefaultTrust is very BAD.
Rannasha
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June 25, 2013, 09:41:46 AM
 #8352

Ah but he doesn't say that there is no-one with read-only access to his account. Makes sense or else nothing could be done if he had a sick day.
I'm not aware of any forum software supporting such a feature.


Doesn't need to be software based. If you trust one or two coworkers, you can ask them to keep an eye out, but not post. But it's all just speculation.
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June 25, 2013, 09:42:12 AM
 #8353

Ah but he doesn't say that there is no-one with read-only access to his account. Makes sense or else nothing could be done if he had a sick day.
I'm not aware of any forum software supporting such a feature.


You can give someone the password to your account and have them read your PM's in your absense. If you can trust that person there's no need for a technical measure.
empoweoqwj
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June 25, 2013, 11:42:22 AM
 #8354

Ah but he doesn't say that there is no-one with read-only access to his account. Makes sense or else nothing could be done if he had a sick day.
I'm not aware of any forum software supporting such a feature.


You can give someone the password to your account and have them read your PM's in your absense. If you can trust that person there's no need for a technical measure.


What's the point of reading pm's + emails if you can't act.

He says very clearly he "contacts shareholders himself". So any email you get from friedcat saying shares have been transferred has come from friedcat himself.

You can't get any clearer. He does it himself.
tinus42
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June 25, 2013, 12:44:08 PM
 #8355

Ah but he doesn't say that there is no-one with read-only access to his account. Makes sense or else nothing could be done if he had a sick day.
I'm not aware of any forum software supporting such a feature.


You can give someone the password to your account and have them read your PM's in your absense. If you can trust that person there's no need for a technical measure.


What's the point of reading pm's + emails if you can't act.

He says very clearly he "contacts shareholders himself". So any email you get from friedcat saying shares have been transferred has come from friedcat himself.

You can't get any clearer. He does it himself.


His partners contact the shareholders from their own accounts as FC states. If he is unable to access his PM's for whatever reason they would need to be aware of any requests made to him so they'd need to be able to read his PM's.

If you take sick leave or go on vacation you probably have your work e-mails forwarded to a colleague. You can't let customers and suppliers wait until you have returned. My guess is that the same happens with FC's PM's.
Rival
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June 25, 2013, 12:46:32 PM
 #8356

FC holding shareholder lists offline gives me an added sense of security from the all seeing gaze of big brother. Although the wallet addresses are easy to find in the blockchain, our email addresses are not.
empoweoqwj
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June 25, 2013, 01:50:30 PM
 #8357

Ah but he doesn't say that there is no-one with read-only access to his account. Makes sense or else nothing could be done if he had a sick day.
I'm not aware of any forum software supporting such a feature.


You can give someone the password to your account and have them read your PM's in your absense. If you can trust that person there's no need for a technical measure.


What's the point of reading pm's + emails if you can't act.

He says very clearly he "contacts shareholders himself". So any email you get from friedcat saying shares have been transferred has come from friedcat himself.

You can't get any clearer. He does it himself.


His partners contact the shareholders from their own accounts as FC states. If he is unable to access his PM's for whatever reason they would need to be aware of any requests made to him so they'd need to be able to read his PM's.

If you take sick leave or go on vacation you probably have your work e-mails forwarded to a colleague. You can't let customers and suppliers wait until you have returned. My guess is that the same happens with FC's PM's.


I'm not saying in the case of an emergency he doesn't have contingency plans for some other person to take over. All I saying is this:

"It has been and will always be me myself who use the forum id friedcat to post updates and replies. If my partners are to announce the news or contact the shareholders instead of me, they will use their own account."

Someone will correct me if I'm wrong, but  to date, all correspondence (email + PM) regarding transferring shares etc. has come from his own account. Hence he has done it all himself according to his own statement. That's all I'm pointing out.

Keep flogging that dead horse, it might come alive if you keep beating hard enough.
ThickAsThieves
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June 25, 2013, 02:00:18 PM
 #8358

Ah but he doesn't say that there is no-one with read-only access to his account. Makes sense or else nothing could be done if he had a sick day.
I'm not aware of any forum software supporting such a feature.


You can give someone the password to your account and have them read your PM's in your absense. If you can trust that person there's no need for a technical measure.


What's the point of reading pm's + emails if you can't act.

He says very clearly he "contacts shareholders himself". So any email you get from friedcat saying shares have been transferred has come from friedcat himself.

You can't get any clearer. He does it himself.


His partners contact the shareholders from their own accounts as FC states. If he is unable to access his PM's for whatever reason they would need to be aware of any requests made to him so they'd need to be able to read his PM's.

If you take sick leave or go on vacation you probably have your work e-mails forwarded to a colleague. You can't let customers and suppliers wait until you have returned. My guess is that the same happens with FC's PM's.


I'm not saying in the case of an emergency he doesn't have contingency plans for some other person to take over. All I saying is this:

"It has been and will always be me myself who use the forum id friedcat to post updates and replies. If my partners are to announce the news or contact the shareholders instead of me, they will use their own account."

Someone will correct me if I'm wrong, but  to date, all correspondence (email + PM) regarding transferring shares etc. has come from his own account. Hence he has done it all himself according to his own statement. That's all I'm pointing out.

Keep flogging that dead horse, it might come alive if you keep beating hard enough.

This is a non-issue really.

Even if Friedcat has someone helping him with xfers (not THAT unlikely) we wouldn't be able to tell the difference.

Even if he did not have help, you'd overestimate the amount of work this actually is, and underestimate the level of importance the work represents, if you are questioning the time spent.

ianp
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June 25, 2013, 02:06:48 PM
 #8359

I'm wondering what the significance is of who is doing share transfers?

Is it currently a problem? Is it too fast? Too slow?

I'm not sure that this really matters at all. We're probably looking for something to complain about if this is what we're complaining about.
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June 25, 2013, 02:18:00 PM
 #8360

Reminder / Update

ThickAsThieves, VJain, Franktank and myself have put together the next round of questions for the community to vote on.

Once we have a consensus of the top three questions, ThickAsThieves will submit them to Friedcat.

The last round was a big success, so we will continue doing this for the foreseeable future.

The questions are available for voting here:

https://docs.google.com/forms/d/1M7wigyDWjKjabHKdC7msaEfXvYaNxtMbbmTIRss8EqU/viewform

If there is a question that is not listed, please let us know and we will discuss adding it.
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