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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3917023 times)
mc_lovin
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September 23, 2013, 03:14:23 AM
 #13161

I'm new to the thread. I was invested in AM in the past and made a nice profit but sold when I saw their network % dropping. I've kept my eye on them. What is the reason they hold such a small % of the network? Shouldn't they be keeping at least 20%. I thought they had the capabilities to do this and if they do, why don't they do it?

As someone once said, perhaps it was more profitable to sell off the hardware instead of mining it.  The fact that most of the money is still sitting there is better than if he paid it all out to shareholders IMHO.  Sucks being in the dark but we don't know if he has the new chips ready next week or in a couple of months.  Question is when, not if, so I think we're still in a great position even if we are slightly behind for the beginning of round 2.
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September 23, 2013, 07:30:21 AM
 #13162

hashrate increases from 3% to 7% of the network, and the shareprice tanks?
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September 23, 2013, 07:35:20 AM
 #13163

hashrate increases from 3% to 7% of the network, and the shareprice tanks?

there are some problems with btct.co, it is probably closing  Angry
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September 23, 2013, 07:38:37 AM
 #13164

hashrate increases from 3% to 7% of the network, and the shareprice tanks?

there are some problems with btct.co, it is probably closing  Angry

I'm glad I'm holding on to my direct shares...
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September 23, 2013, 07:44:11 AM
 #13165

lol, wtf, ppl selling @ 1.2?
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September 23, 2013, 07:45:42 AM
 #13166

lol, wtf, ppl selling @ 1.2?

BTCT is CLOSING  Cry. That is why!!!!

Will take me a while to climb up again, But where is a will, there is a way...
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September 23, 2013, 07:49:20 AM
 #13167

I was just thinking that I should move some of my direct shares to a PT so I can trade with them -

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September 23, 2013, 07:51:30 AM
 #13168

Okay so I read that btctc is closing... Is there any way to keep shares? :O

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September 23, 2013, 07:52:08 AM
 #13169

Okay so I read that btctc is closing... Is there any way to keep shares? :O
transfer to bitfunder?
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September 23, 2013, 07:53:02 AM
 #13170

Okay so I read that btctc is closing... Is there any way to keep shares? :O

Probably, yes. I highly doubt they'll just disappear...
I think having balls now and loading up on shares in the panic will be quite profitable.
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September 23, 2013, 07:54:05 AM
 #13171

Okay so I read that btctc is closing... Is there any way to keep shares? :O

Probably, yes. I highly doubt they'll just disappear...
I think having balls now and loading up on shares in the panic will be quite profitable.

I am literally crying over my keyboard because I don't have coins to buy them cheap shares........

Will take me a while to climb up again, But where is a will, there is a way...
101111
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September 23, 2013, 07:56:03 AM
 #13172

Okay so I read that btctc is closing... Is there any way to keep shares? :O

Probably, yes. I highly doubt they'll just disappear...
I think having balls now and loading up on shares in the panic will be quite profitable.

I am literally crying over my keyboard because I don't have coins to buy them cheap shares........
Me too, but it looks like trading has been stopped. Probably PT shares will be xferd to direct.

edit: trades still occurring, despite this "Effective immediately, in conjunction with this release, trading will be halted," ??
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September 23, 2013, 08:02:16 AM
Last edit: September 23, 2013, 08:22:07 AM by nomnomnom
 #13173

Okay so I read that btctc is closing... Is there any way to keep shares? :O

Probably, yes. I highly doubt they'll just disappear...
I think having balls now and loading up on shares in the panic will be quite profitable.

I am literally crying over my keyboard because I don't have coins to buy them cheap shares........
Me too, but it looks like trading has been stopped. Probably PT shares will be xferd to direct.

Something is wrong with the site too, I have a tiny balance, but it does not show up where you
buy. And I had an ask which is gone hmm... Not trusting site enough to send more btc into atm, lol damnit.

Edit: it works now, if you have this problem,go to account -> settings and enter a share withdrawal address... Roll Eyes
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September 23, 2013, 08:05:44 AM
 #13174

I gotta be honest with you guys, I am considering buying at 1.2. I delta-hedged some options around 1.3 and thought I'd gotten a great deal. Nope.

I think I might wait for 1.0, on second thought. Who knows what's gonna happen to these shares...

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September 23, 2013, 08:07:12 AM
 #13175

Okay so I read that btctc is closing... Is there any way to keep shares? :O
transfer to bitfunder?


Thanks! Now Im trying to figure out how to do that, allready have an account at bitfunder but Im a little bit confused how to transfer my assets from btctc->bitfunder.

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September 23, 2013, 08:26:26 AM
 #13176

Anybody knows if the transfer to direct shares still goes through? I don't want to sell anything in that moment, just find the best way to keep the shares.

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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September 23, 2013, 08:32:06 AM
 #13177

Anybody knows if the transfer to direct shares still goes through? I don't want to sell anything in that moment, just find the best way to keep the shares.

I expect your shares will get converted to directs automatically as part of the orderly shutdown of the exchange. It could take several days to organize, though. burnside will have to work something out with each company listed on the exchange, which will take time.

 
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Fabrizio89
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September 23, 2013, 08:35:44 AM
 #13178

Many shares were lost when this happened with GLBSE. I'd suggest to put at least part of your investment to a safe place.
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September 23, 2013, 08:38:40 AM
 #13179

Wish I had coin on btct   Angry

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September 23, 2013, 08:39:56 AM
 #13180

While I'm still trying to set up my public withdrawal address (got error 524 four times in a row already), could someone please post a link to burnside's announcement of WTF is actually happening to BTC-TC?

Do not try and bend the spoon. That's impossible. Instead... only try to realize the truth. There is no spoon. Then you'll see, that it is not the spoon that bends, it is only yourself.
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