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aahzmundus
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November 26, 2013, 08:06:45 PM |
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The big difference is as far as I know, KNC does not mine themselves in a datacenter... do they? And even if they do, is it epic and liquid cooling? I imagine Asicminer doing the development, mining, and cooling in house mean better profit margins for us.
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velacreations
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November 26, 2013, 08:27:58 PM |
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Yes, let us bask in the moral high ground of not taking preorders.
that model (pre-orders) has failed more times than succeeded. |
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jimmothy
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November 26, 2013, 09:22:51 PM |
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Doesn't fail for the seller, they all still seem to get orders. KnC will definitely get orders as they have almost delivered on time.
I haven't read it as a "moral high ground". It's a different strategy for different customers; selling expensive or even overpriced miners without preorders.
A huge difference is that with these preorders you are buying a product that doesn't exist. We have seen with bfl exactly what happens when preorders go wrong (or right if you are bfl since they still made bucketloads.). When the seller takes in preorders they have no incentive to get out the best product asap. It is easier to just make up specs, sell preorders and rake in the cash. And when you feel like it you can ship out your late and under performing product. |
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velacreations
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November 26, 2013, 09:25:49 PM |
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Doesn't fail for the seller, they all still seem to get orders.
that's debatable. Is anyone buying Avalon or BFL? And of course, some people are, but not the numbers they were getting at the initial pre-orders. Pre-orders for mining equipment is extremely risky for the long-term outlook of a company. KNC did ok by only shipping a little late, but the majority of these situations don't work out like that. They are often very late, the company's reputation is permanently affected, and class-action lawsuits are sure to follow. |
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SebastianJu
Legendary
 Offline
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
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November 26, 2013, 10:51:16 PM |
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479.4131794 BTC / 400,000 shares = 0.00119853 BTC Not much, but more indeed.  Please dont forget that this is only the self-mining address. Asicminer has different Feeder-Addresses that seems to forward income from miner sales and franchising too. Its not really easy to go through it but i believe friedcat kept 1 x 100 BTC of the last weeks income and double that value the week before. Thats probably the div retainment. Before it was more like 500 BTC per week. But the 479 isnt everything that should come for the divs. I didnt think its so hard to guess what address system Asicminer is using. I tried it a bit to find out the height of the div retainment. The div retainment looks less than i thought. More like 20% of each div is taken and the remaining fund paid out. IF i found the correct addresses/transactions. |
Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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robix
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November 26, 2013, 11:45:05 PM |
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@friedcat
Please don't pay tomorrows divs to BitFunder. We won't get that money out. Hold it back until the dust has settled and the shares are hopefully direct.
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User705
Legendary
Offline
Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
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November 27, 2013, 01:03:40 AM |
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@friedcat
Please don't pay tomorrows divs to BitFunder. We won't get that money out. Hold it back until the dust has settled and the shares are hopefully direct.
That would seriously undermine the entire concept of the BTC address owning ASICMiner shares if friedcat can simply not pay dividends to it because you are asking him not to. |
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jimmothy
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November 27, 2013, 01:13:33 AM |
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@friedcat
Please don't pay tomorrows divs to BitFunder. We won't get that money out. Hold it back until the dust has settled and the shares are hopefully direct.
That would seriously undermine the entire concept of the BTC address owning ASICMiner shares if friedcat can simply not pay dividends to it because you are asking him not to. Yea its not going to happen. Afaik g.asicminer is not even run by bitfunder so it is completely up to the guy who runs it to pay out divs or even better transfer shares to direct. |
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hlynur
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November 27, 2013, 01:15:27 AM |
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@friedcat
Please don't pay tomorrows divs to BitFunder. We won't get that money out. Hold it back until the dust has settled and the shares are hopefully direct.
i think you better send a pm to ukyo (he's the op there if i recall correctly) or whoever's running AM shares there (i suppose TAT...not sure). this is defintively not fc's problem. and on bitfunder site it's mentioned that you can withdraw funds as low as 0.00000001btc. don't have any assets there though, so i don't know its current state & how things roll. |
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jimmothy
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November 27, 2013, 01:17:45 AM |
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@friedcat
Please don't pay tomorrows divs to BitFunder. We won't get that money out. Hold it back until the dust has settled and the shares are hopefully direct.
i think you better send a pm to ukyo (he's the op there if i recall correctly) or whoever's running AM shares there (i suppose TAT...not sure). this is defintively not fc's problem. and on bitfunder site it's mentioned that you can withdraw funds as low as 0.00000001btc. don't have any assets there though, so i don't know the current state how things roll. I don't understand why he would lower the minimum withdrawal when literally nobody can withdraw from weexchange.. |
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Kouye
Sr. Member
Offline
Activity: 336
Merit: 250
Cuddling, censored, unicorn-shaped troll.
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November 27, 2013, 01:21:23 AM |
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i think you better send a pm to ukyo (he's the op there if i recall correctly) or whoever's running AM shares there (i suppose TAT...not sure).
this is defintively not fc's problem.
and on bitfunder site it's mentioned that you can withdraw funds as low as 0.00000001btc.
don't have any assets there though, so i don't know its current state & how things roll.
Haha, Ukyo has been MIA here for quite a bit of time, and sending him an email won't help, if he turns out to be the suspected scammer he looks like. I agree to freezing dividends to all shares in control of Ukyo, at any node, be it Friedcat or any further one. |
[OVER] RIDDLES 2nd edition --- this was claimed. Look out for 3rd edition! I won't ever ask for a loan nor offer any escrow service. If I do, please consider my account as hacked. |
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hlynur
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November 27, 2013, 01:22:58 AM |
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I don't understand why he would lower the minimum withdrawal when literally nobody can withdraw from weexchange..
don't ask me  i've never touched bitfunder nor weexchange, have my stash on havelock. so i have no clue what's the problem over there. just overread it mostly as i'm not affected. edit: didn't TAT offer a share transfer from bitfunder to havelock or direct shares recently. why did people keep their shares there in the first place, after it showed it's having problems? Haha, Ukyo has been MIA here for quite a bit of time, and sending him an email won't help, if he turns out to be the suspected scammer he looks like.
I agree to freezing dividends to all shares in control of Ukyo, at any node, be it Friedcat or any further one.
i've seen ukyo from time to time on #bitcoin-assets |
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jimmothy
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November 27, 2013, 01:30:09 AM |
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I don't understand why he would lower the minimum withdrawal when literally nobody can withdraw from weexchange..
don't ask me i've never touched bitfunder nor weexchange, have my stash on havelock. so i have no clue what's the problem over there. just overread it mostly as i'm not affected. edit: didn't TAT offer a share transfer from bitfunder to havelock or direct shares recently. why did people keep their shares there in the first place, after it showed it's having problems? He did offer that service but no longer does. Just now looked up who owns G.asicminer and found that it was originally DeaDTerra but now the shares are in Ukyo's control. Not good news. My guess as to why TAT decided to stop the conversion service was because it wasn't worth taking g.asicminer shares AM100 since he is probably not going to see the shares or dividends any time soon. |
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hlynur
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November 27, 2013, 01:34:10 AM |
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He did offer that service but no longer does. Just now looked up who owns G.asicminer and found that it was originally DeaDTerra but now the shares are in Ukyo's control. Not good news. My guess as to why TAT decided to stop the conversion service was because it wasn't worth taking g.asicminer shares AM100 since he is probably not going to see the shares or dividends any time soon.
whoops sorry @ TAT in that regard. mixed him up with DeadTerra. edit: yea deadline was yesterday for conversion. well shareholders had nearly one month to transfer their shares... https://bitcointalk.org/index.php?topic=148827.msg3640397#msg3640397 |
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Elokane
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November 27, 2013, 01:37:51 AM |
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A piece on Kotaku and share price stays the same?
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freedomno1
Legendary
Offline
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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November 27, 2013, 02:47:11 AM |
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It will be fun to observe either way  |
Believing in Bitcoins and it's ability to change the world
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empoweoqwj
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November 27, 2013, 05:32:54 AM |
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The only prediction I will make with confidence is that it will be under the price of Havelock As for the actual price, depends to some extent on this week's dividends, due in about 12 hours |
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David Chen
Member
Offline
Activity: 91
Merit: 10
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November 27, 2013, 05:36:02 AM |
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The only prediction I will make with confidence is that it will be under the price of Havelock As for the actual price, depends to some extent on this week's dividends, due in about 12 hours it's reasonable that bidders should collaborate to get "cheap" shares, but interestingly, bidders always competent for each other. Anyway, it's fun to observe,interesting game. |
reputation is everything.
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BitThink
Legendary
Offline
Activity: 882
Merit: 1000
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November 27, 2013, 05:40:34 AM |
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The only prediction I will make with confidence is that it will be under the price of Havelock As for the actual price, depends to some extent on this week's dividends, due in about 12 hours it's reasonable that bidders should collaborate to get "cheap" shares, but interestingly, bidders always competent for each other. Anyway, it's fun to observe,interesting game. Auction will never exist if bidders can collaborate. |
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