canth
Legendary
 Offline
Activity: 1442
Merit: 1001
|
 |
July 25, 2013, 02:03:37 AM |
|
For those running to the safety of AM direct shares - I see this as largely unnecessary. In the worst case scenario, in the event that BTCTC is met with a cease and desist or other enforcement action, Friedcat has an updated listing of all of our share allocations, sent twice a day. https://btct.co/faqI'm not saying there wouldn't be negative ramifications if BTCTC were targeted - surely liquidity and share price would be affected. However, those of us with AM PT shares are not SOL in that case. *Full disclosure - I own both direct and PT shares and I am not planning on changing my allocations anytime in the near future. |
|
|
|
|
VolanicEruptor
|
|
July 25, 2013, 02:16:48 AM |
|
Is it smart to invest in 108nm technology in the coming weeks? Really?
well... i left my electron scanning microscope in my other pants... so I wouldn't know just imagine an old man in a wheelchair about to croak any day.. that's 108nm right now |
|
|
|
|
daemondazz
|
|
July 25, 2013, 02:19:18 AM |
|
unconfirmed news:
The USB stick miner will be charged at 0.6BTC.
Also,if you bought a stick before,you can buy a new one at 0.1BTC. I am absolutely turgid at the thought of being able to buy 70 of these guys @ 0.1BTC each... Oh please let it be so. I'd imagine that you'll be able to buy for 0.1 BTC on a one-to-one basis with orders already purchased at 0.99 BTC to bring the average cost down to the new price. |
Computers, Amateur Radio, Electronics, Aviation - 1dazzrAbMqNu6cUwh2dtYckNygG7jKs8S
|
|
|
|
Vexual
|
|
July 25, 2013, 02:26:03 AM |
|
just imagine an old man in a wheelchair about to croak any day.. that's 108nm right now
While I'm making suppositions, I will also say that your lack of knowledge about IC design is equaled by your lack of knowledge of physics in general. |
1VEX7x76pJdreV1nJW8bXpotbCNggDxG5
|
|
|
|
VolanicEruptor
|
|
July 25, 2013, 02:27:04 AM |
|
just imagine an old man in a wheelchair about to croak any day.. that's 108nm right now
While I'm making suppositions, I will also say that your lack of knowlegdge about IC design is equaled by your lack of knowledge of physics in general. less density equates to less efficiency and more cost per gh/s everyone knows that |
|
|
|
freedomno1
Legendary
Offline
Activity: 1848
Merit: 1094
Learning the troll avoidance button :)
|
|
July 25, 2013, 02:27:14 AM |
|
I'd guess that the recent dump of passthrough shares on btct was not about rumours regarding the legality of virtual stock exchanges.
I suppose that someone did their sums and came to the conclusion that it might be a good idea to invext in some actual asicminer hardware over the coming weeks.
+1 Not just about rumors |
Believing in Bitcoins and it's ability to change the world
|
|
|
|
Vexual
|
|
July 25, 2013, 02:33:44 AM |
|
less density equates to less efficiency and more cost per gh/s
everyone knows that
Efficiency in this case is cost, power usage and hashes... if you want to talk about how long a chip will last over time, this is untested. |
1VEX7x76pJdreV1nJW8bXpotbCNggDxG5
|
|
|
|
VolanicEruptor
|
|
July 25, 2013, 02:35:54 AM |
|
less density equates to less efficiency and more cost per gh/s
everyone knows that
Efficiency in this case is cost, power usage and hashes... if you want to talk about how long a chip will last over time, this is untested. If it's untested then why would you even consider the possibility that it wouldn't last over time.  |
|
|
|
|
Vexual
|
|
July 25, 2013, 02:38:38 AM |
|
wouldn't[/b] last over time. I've got a box with a lot of dead celerons that also has working 386sx's in it no fan |
1VEX7x76pJdreV1nJW8bXpotbCNggDxG5
|
|
|
|
VolanicEruptor
|
|
July 25, 2013, 02:41:41 AM |
|
wouldn't[/b] last over time. I've got a box with a lot of dead celerons that also has working 386sx's in it no fan Good for you, but what does that tell us about high density chips? Nothing. |
|
|
|
|
Vexual
|
|
July 25, 2013, 02:46:05 AM |
|
Good for you, but what does that tell us about high density chips? Nothing.
True, however higher density chips have relatively similar power useage as I see. I don't see any big advantage there yet. |
1VEX7x76pJdreV1nJW8bXpotbCNggDxG5
|
|
|
|
VolanicEruptor
|
|
July 25, 2013, 02:55:32 AM |
|
Good for you, but what does that tell us about high density chips? Nothing.
True, however higher density chips have relatively similar power useage as I see. I don't see any big advantage there yet. That is totally wrong, and I shouldn't even have to dig up references to prove it. Everyone here knows that power efficiency rises with smaller chips. Learn your facts.. |
|
|
|
|
Vexual
|
|
July 25, 2013, 02:57:54 AM |
|
You're a wanker.
|
1VEX7x76pJdreV1nJW8bXpotbCNggDxG5
|
|
|
|
empoweoqwj
|
|
July 25, 2013, 03:07:00 AM |
|
I'd guess that the recent dump of passthrough shares on btct was not about rumours regarding the legality of virtual stock exchanges.
I suppose that someone did their sums and came to the conclusion that it might be a good idea to invext in some actual asicminer hardware over the coming weeks.
Well it really was panic selling of many btct shares, and it really did happen just as soon as the discussion started about btct closing its doors to US citizens, especially when Burnside confirmed he was considering it. So I don't think it was just people just suddenly deciding the time was right to put their bitcoins elsewhere. Timing was way too much of a coincidence. |
|
|
|
|
|
|
|
Pale Phoenix
|
|
July 25, 2013, 03:20:22 AM |
|
You're a wanker.
 What, no eruption? You disappoint.  |
|
|
|
|
VolanicEruptor
|
|
July 25, 2013, 03:25:25 AM |
|
You're a wanker.
What, no eruption? You disappoint. I laugh when i hear words like "wanker" and "cheers". I can't erupt over entertainment value from strange countries.. |
|
|
|
|
cp1
|
|
July 25, 2013, 04:26:24 AM |
|
The price has pretty well recovered already.
|
|
|
|
freedomno1
Legendary
Offline
Activity: 1848
Merit: 1094
Learning the troll avoidance button :)
|
|
July 25, 2013, 04:54:39 AM |
|
The price has pretty well recovered already.
Its stable on btct and bitfunder still a bit of lag on havelock though |
Believing in Bitcoins and it's ability to change the world
|
|
|
burnside
Legendary
Offline
Activity: 1106
Merit: 1006
Lead Blockchain Developer
|
|
July 25, 2013, 05:43:37 AM |
|
For those running to the safety of AM direct shares - I see this as largely unnecessary. In the worst case scenario, in the event that BTCTC is met with a cease and desist or other enforcement action, Friedcat has an updated listing of all of our share allocations, sent twice a day. https://btct.co/faqI'm not saying there wouldn't be negative ramifications if BTCTC were targeted - surely liquidity and share price would be affected. However, those of us with AM PT shares are not SOL in that case. *Full disclosure - I own both direct and PT shares and I am not planning on changing my allocations anytime in the near future. This is a good point. Yes, Friedcat is emailed a full shareholder list (includes email and btc address) several times a day. If the servers ever got pulled, he has everything he needs to pull the shares back in-house to direct shares. I am not certain, but I suspect this is unique to BTCTC. BitFunder has a good approach with publishing the addresses publicly if you turn it on, (if you haven't, do it now.) but does not include emails in that so Friedcat would not have a way to contact users directly. Havelock and 796 I have no idea what is setup. (Anyone know?) |
|
|
|
|
|
