ASICMINER: Entering the Future of ASIC Mining by Inventing It

[gogxmagog]

yes, Plazma, go to Havelock. I don't know why people view it so poorly, it was easy and fast to join, seems to operate fairly... I joined every exchange I could; I only use the ones I have to because I don't really like auctions, the escrow hassle and waiting, but hlynr is right. and Havelock is the only game in town, besides cryptostocks, who's prices suck and interface annoys me, or 697 which I dont really need right now unless some of the other securities list there. Plus, Havelock will improve with volume, natch.

I still wish they would de-list labcoin tho

[chairforce1]

Large sell on Havelock?

[chairforce1]

I feel like it takes years to send BTC to Havelock. I already missed the opportunity.

[AMuppInTime]

I think the sale was a lure to get ppl to go to HL. just like it tries to mislead you into thinking the passthrough share is an actual share: https://www.havelockinvestments.com/fund.php?symbol=AM1

ASICMINER Full Shares (AM1)
Shares
Each 1 share of AM1 represents 1 share of ASICMINER maintained and verified by either Friedcat or any exchange ASICMINER is traded on, and has rights to all of the dividends of a whole ASICMINER share.

So let me get this straight, it's a full share but not a whole share?
THIS is why I don't like HL. They should just try to be clear - the share they sell you isn't an actual asicminer share but a PassThrough share. I don't like how they are trying to be the "official" version of where things should be traded.
Additionally, I'd say a few dubious accounts have been glorifying Havelock a little too much on this thread and others - or at least that is my gut check, just like how people buy positive reviews in the App store when releasing an App... I understand how some of those things can happen, I'd be more open to it if there wasn't such an obvious "bending the truth" halo around everything: "the Full Share", the (too) many folks trying to get you to join, the "Official" status from being acquired by a south american entity (making it secure?)...

On the other hand, there aren't that many options available, and nothing terrible has yet to happen.

[jimmothy]

I think the sale was a lure to get ppl to go to HL. just like it tries to mislead you into thinking the passthrough share is an actual share: https://www.havelockinvestments.com/fund.php?symbol=AM1

ASICMINER Full Shares (AM1)
Shares
Each 1 share of AM1 represents 1 share of ASICMINER maintained and verified by either Friedcat or any exchange ASICMINER is traded on, and has rights to all of the dividends of a whole ASICMINER share.

So let me get this straight, it's a full share but not a whole share?
THIS is why I don't like HL. They should just try to be clear - the share they sell you isn't an actual asicminer share but a PassThrough share. I don't like how they are trying to be the "official" version of where things should be traded.
Additionally, I'd say a few dubious accounts have been glorifying Havelock a little too much on this thread and others - or at least that is my gut check, just like how people buy positive reviews in the App store when releasing an App... I understand how some of those things can happen, I'd be more open to it if there wasn't such an obvious "bending the truth" halo around everything: "the Full Share", the (too) many folks trying to get you to join, the "Official" status from being acquired by a south american entity (making it secure?)...

On the other hand, there aren't that many options available, and nothing terrible has yet to happen.

You have no idea what you are talking about. "Dubious accounts" and "bending the truth". Check the facts and you might learn something before attempting to cause panic. The HL passthrough is run by USER ThickAsThieves and every share on havelock is indeed an entire asicminer share however you look at it. In fact simply by emailing TAT you can transfer your havelock shares to direct 100% authentic FC issued shares (whatever you want to call it). As for the panama thing, A registered security exchange that has been operating since 2006 (if i remember correct) acquires a btc security exchange and you consider this a bad thing?

[empoweoqwj]

I think the sale was a lure to get ppl to go to HL. just like it tries to mislead you into thinking the passthrough share is an actual share: https://www.havelockinvestments.com/fund.php?symbol=AM1

ASICMINER Full Shares (AM1)
Shares
Each 1 share of AM1 represents 1 share of ASICMINER maintained and verified by either Friedcat or any exchange ASICMINER is traded on, and has rights to all of the dividends of a whole ASICMINER share.

So let me get this straight, it's a full share but not a whole share?
THIS is why I don't like HL. They should just try to be clear - the share they sell you isn't an actual asicminer share but a PassThrough share. I don't like how they are trying to be the "official" version of where things should be traded.
Additionally, I'd say a few dubious accounts have been glorifying Havelock a little too much on this thread and others - or at least that is my gut check, just like how people buy positive reviews in the App store when releasing an App... I understand how some of those things can happen, I'd be more open to it if there wasn't such an obvious "bending the truth" halo around everything: "the Full Share", the (too) many folks trying to get you to join, the "Official" status from being acquired by a south american entity (making it secure?)...

On the other hand, there aren't that many options available, and nothing terrible has yet to happen.

So true. I don't know why people have such difficulty understanding the concept. You can exchange these PT-shares for "real" (if you want to call them that) AM shares any time. Its really very easy a 1st-grader could do it. How can it be a "full share" but not a "whole share?"  

[BitCsByBit]

I think the sale was a lure to get ppl to go to HL. just like it tries to mislead you into thinking the passthrough share is an actual share: https://www.havelockinvestments.com/fund.php?symbol=AM1

ASICMINER Full Shares (AM1)
Shares
Each 1 share of AM1 represents 1 share of ASICMINER maintained and verified by either Friedcat or any exchange ASICMINER is traded on, and has rights to all of the dividends of a whole ASICMINER share.

So let me get this straight, it's a full share but not a whole share?
THIS is why I don't like HL. They should just try to be clear - the share they sell you isn't an actual asicminer share but a PassThrough share. I don't like how they are trying to be the "official" version of where things should be traded.
Additionally, I'd say a few dubious accounts have been glorifying Havelock a little too much on this thread and others - or at least that is my gut check, just like how people buy positive reviews in the App store when releasing an App... I understand how some of those things can happen, I'd be more open to it if there wasn't such an obvious "bending the truth" halo around everything: "the Full Share", the (too) many folks trying to get you to join, the "Official" status from being acquired by a south american entity (making it secure?)...

On the other hand, there aren't that many options available, and nothing terrible has yet to happen.

You have no idea what you are talking about. "Dubious accounts" and "bending the truth". Check the facts and you might learn something before attempting to cause panic. The HL passthrough is run by USER ThickAsThieves and every share on havelock is indeed an entire asicminer share however you look at it. In fact simply by emailing TAT you can transfer your havelock shares to direct 100% authentic FC issued shares (whatever you want to call it). As for the panama thing, A registered security exchange that has been operating since 2006 (if i remember correct) acquires a btc security exchange and you consider this a bad thing?

Just to add, ThickAsThieves is a Hero member and an AM board member.

[shc88]

Hey guys,

Please someone can explain what should I do with my shares on Bitfunder?
Is there any official announcement?
What will happen if I maintain my shares on Bitfunder?

Thanks

[hammurabi]

Hey guys,

Please someone can explain what should I do with my shares on Bitfunder?
Is there any official announcement?
What will happen if I maintain my shares on Bitfunder?

Thanks

Please read here:
https://bitcointalk.org/index.php?topic=148827.440
(the whole page since there are numerous options discussed to chose from).

Basically if you do nothing those shares will become direct shares attached to your bitfunder public address.

[shc88]

ok, I'll check the thread. I appreciate your help!

Hey guys,

Please someone can explain what should I do with my shares on Bitfunder?
Is there any official announcement?
What will happen if I maintain my shares on Bitfunder?

Thanks

Please read here:
https://bitcointalk.org/index.php?topic=148827.440
(the whole page since there are numerous options discussed to chose from).

Basically if you do nothing those shares will become direct shares attached to your bitfunder public address.

[AMuppInTime]

@jimmothy:
I have a very good idea of what I am talking about - I use quotes.

@BitCsByBit:
I do not trust TAT and have been vocal about this in the past - He behaves like a little kid, and does not deserve a "Hero" title in my book. He used to try to heckle people towards his security & only ever tried to help the forum community until he reached board status with AM. I suspect him to be prone to insider trading within the security (have you seen him "gather questions for friedcat" since he got board status and himself has access to private board information?).

[bitcoin.newsfeed]

have you seen him (TAT) "gather questions for friedcat" since he got board status and himself has access to private board information?

Good point. nope.

EDIT: Seems like I must become a board member if I want to get any update from company where I am invested in. Only in bitcoinland 

[reactor]

@jimmothy:
I have a very good idea of what I am talking about - I use quotes.

@BitCsByBit:
I do not trust TAT and have been vocal about this in the past - He behaves like a little kid, and does not deserve a "Hero" title in my book. He used to try to heckle people towards his security & only ever tried to help the forum community until he reached board status with AM. I suspect him to be prone to insider trading within the security (have you seen him "gather questions for friedcat" since he got board status and himself has access to private board information?).

Once Havelock stops releasing funds where three people can buy the entire offering in one shot, aka create the feeding frenzy to create a false sense of urgency around funds that are generally overvalued anyway, I'll trust them.  Look at the latest casino whatever, 600k shares, max 200k per person.  Similar for every recent fund or ipo. 

[Rival]

To provide historical perspective, I posted this in August of 2013:

"With the price of shares of AM so closely tied to the btc/fiat rate, it is becoming difficult to calculate the correct ROI, and to determine if it is in fact positive.

At $90 per bitcoin, AM shares averaged around 4.5 each. 4.5 * 90 = $405.

At $120 per bitcoin, AM shares averaged around 3.3 each. 3.3 * 120 = $396.

At $130 per bitcoin, AM shares average around 2.9 each. 2.9 * 130 = $377.

Today:

At $140 per bitcoin, AM shares average around 2.5 each. 2.5 * 140 = $350."

As of today, that calculation comes out to:

At $370 per bitcoin, AM shares average around 0.65 each. 0.65 * 370 = $240.

If at any point listed you had sold AM shares and just put them into BTC you would have done much better than holding them.

Chart the dollar price per share vs the price of a bitcoin for an intersting surprise.

[Voodah]

To provide historical perspective, I posted this in August of 2013:

"With the price of shares of AM so closely tied to the btc/fiat rate, it is becoming difficult to calculate the correct ROI, and to determine if it is in fact positive.

At $90 per bitcoin, AM shares averaged around 4.5 each. 4.5 * 90 = $405.

At $120 per bitcoin, AM shares averaged around 3.3 each. 3.3 * 120 = $396.

At $130 per bitcoin, AM shares average around 2.9 each. 2.9 * 130 = $377.

Today:

At $140 per bitcoin, AM shares average around 2.5 each. 2.5 * 140 = $350."

As of today, that calculation comes out to:

At $370 per bitcoin, AM shares average around 0.65 each. 0.65 * 370 = $240.

If at any point listed you had sold AM shares and just put them into BTC you would have done much better than holding them.

Chart the dollar price per share vs the price of a bitcoin for an intersting surprise.

This was my analysis a couple days ago. AM has become a terrible investment.

[BitFlow]

To provide historical perspective, I posted this in August of 2013:

"With the price of shares of AM so closely tied to the btc/fiat rate, it is becoming difficult to calculate the correct ROI, and to determine if it is in fact positive.

At $90 per bitcoin, AM shares averaged around 4.5 each. 4.5 * 90 = $405.

At $120 per bitcoin, AM shares averaged around 3.3 each. 3.3 * 120 = $396.

At $130 per bitcoin, AM shares average around 2.9 each. 2.9 * 130 = $377.

Today:

At $140 per bitcoin, AM shares average around 2.5 each. 2.5 * 140 = $350."

As of today, that calculation comes out to:

At $370 per bitcoin, AM shares average around 0.65 each. 0.65 * 370 = $240.

If at any point listed you had sold AM shares and just put them into BTC you would have done much better than holding them.

Chart the dollar price per share vs the price of a bitcoin for an intersting surprise.

This was my analysis a couple days ago. AM has become a terrible investment.

I'll buy any amount of AM shares at BTC0.45 per share. 

[superduh]

mid nov - what's happening with the TH that were ordered. seems to be very quite on this front

[ar9]

mid nov - what's happening with the TH that were ordered. seems to be very quite on this front

I believe the answer to this is, "it's in the pipeline".

Patience.

[data]

Each week of patience is lost profit...

[hlynur]

Each week of patience is lost profit...

if you invested for shortterm profit and concentrate on weekly timespans i recommend directly trading coins instead of holding AM shares.
imo it's better to thoroughly roll out a good concept further in the future instead of doing short moves of exponential growth that have no sustainability in the long run.

rome wasn't build in a day.