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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3916346 times)
VeeMiner
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January 07, 2014, 02:13:27 PM
 #16361

So what is ASICminer's board view on that mess in China?

Code:
http://www.reddit.com/r/Bitcoin/comments/1umcj8/taobao_prohibits_bitcoin_and_perhiperals_trading/

Quote
Background
In order to follow the notice previously issued by the central banks, the central banks require third party payment system to stop the trading of Bitcoin Litecoin etc. (The notice issued by PBC at 12/5)
Details
Include but not limit to
    Bitcoin Litecoin Quark Infinitycoin Pennycoin PPCoin Namecoin... etc cryptos
    Bitcoin or other cryptos' mining tutorial, strategies
    Software or hardware for mining Bitcoin or other cryptos


there's big enough market for mining hardware out of China...
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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January 07, 2014, 03:03:27 PM
 #16362

So what is ASICminer's board view on that mess in China?

Code:
http://www.reddit.com/r/Bitcoin/comments/1umcj8/taobao_prohibits_bitcoin_and_perhiperals_trading/

Quote
Background
In order to follow the notice previously issued by the central banks, the central banks require third party payment system to stop the trading of Bitcoin Litecoin etc. (The notice issued by PBC at 12/5)
Details
Include but not limit to
    Bitcoin Litecoin Quark Infinitycoin Pennycoin PPCoin Namecoin... etc cryptos
    Bitcoin or other cryptos' mining tutorial, strategies
    Software or hardware for mining Bitcoin or other cryptos


there's big enough market for mining hardware out of China...
and it's "just" the chinese version of ebay. i'm sure there are still plenty of alternative platforms in china to sell products.
imo taobao just wants to have a clean slate until government announces further steps of regulation after the 31st january deadline.

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January 08, 2014, 03:02:10 AM
Last edit: January 08, 2014, 03:19:17 AM by gogxmagog
 #16363

bitcoin is supposed to be used to trade for goods and services. this is still kosher in China.
you can buy a lot of w/ever online for just one $10000 USD/ bitcoin.


I've heard Chinese voices state that things are changing with the Party and the people. Things are also changing in the west. Govt.s are being cautious, but they also are starting to see the world trade and innovation value of BTC. Not to mention, they have already figured out that you can't actually "ban" it.
They talk about leadership in development being important to growth of the nation blah blah blah. Bitcoin does well for the economy.

Now, if there weren't so many outright scams and disastrous fiascoes going on all over the bitcoin world... They might not feel any need to intervene. Isn't; "the nail that sticks out gets hammered" an old Chinese adage?
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January 08, 2014, 03:40:50 AM
 #16364

bitcoin is supposed to be used to trade for goods and services. this is still kosher in China.
you can buy a lot of w/ever online for just one $10000 USD/ bitcoin.


I've heard Chinese voices state that things are changing with the Party and the people. Things are also changing in the west. Govt.s are being cautious, but they also are starting to see the world trade and innovation value of BTC. Not to mention, they have already figured out that you can't actually "ban" it.
They talk about leadership in development being important to growth of the nation blah blah blah. Bitcoin does well for the economy.

Now, if there weren't so many outright scams and disastrous fiascoes going on all over the bitcoin world... They might not feel any need to intervene. Isn't; "the nail that sticks out gets hammered" an old Chinese adage?

I don't think governments are intervening because of scams. More about "control of the currency" and tax revenues.
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January 08, 2014, 04:10:33 PM
 #16365

Think we'll get ~.67mBTC/share this week. Smiley

Asicminer Hashrate Charts @ www.asicminercharts.com

Donations BTC: 1SmiGSGWXzD5aZhmw3jyfpBFCgiki45MT
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January 08, 2014, 05:12:06 PM
Last edit: January 08, 2014, 07:09:17 PM by bambou
 #16366

bitcoin is supposed to be used to trade for goods and services. this is still kosher in China.
you can buy a lot of w/ever online for just one $10000 USD/ bitcoin.


I've heard Chinese voices state that things are changing with the Party and the people. Things are also changing in the west. Govt.s are being cautious, but they also are starting to see the world trade and innovation value of BTC. Not to mention, they have already figured out that you can't actually "ban" it.
They talk about leadership in development being important to growth of the nation blah blah blah. Bitcoin does well for the economy.

Now, if there weren't so many outright scams and disastrous fiascoes going on all over the bitcoin world... They might not feel any need to intervene. Isn't; "the nail that sticks out gets hammered" an old Chinese adage?

I don't think governments are intervening because of scams. More about "control of the currency" and tax revenues.

imo this guy sumed up pretty well the situation in China. https://bitcointalk.org/index.php?topic=397614.0

less about controlling the currency.. more about controlling the people... Wink



Think we'll get ~.67mBTC/share this week. Smiley

mBTC?!

edit: just understood you were talking about divs

Non inultus premor
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January 08, 2014, 07:04:31 PM
 #16367

Incoming dividends...
0.00066897 btc per share.
SmiGueL
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January 08, 2014, 07:09:48 PM
 #16368

0.00066897 confirmed Smiley

Asicminer Hashrate Charts @ www.asicminercharts.com

Donations BTC: 1SmiGSGWXzD5aZhmw3jyfpBFCgiki45MT
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January 09, 2014, 02:23:48 AM
 #16369

0.00066897 confirmed Smiley

Not great .... but the silver lining is the share price is unmoved.
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January 09, 2014, 02:30:49 AM
 #16370

0.00066897 confirmed Smiley

Not great .... but the silver lining is the share price is unmoved.

But some of us want it to move so we can get our bids filled... Smiley

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."   - Henry Ford
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January 09, 2014, 03:00:33 AM
 #16371

0.00066897 confirmed Smiley

Not great .... but the silver lining is the share price is unmoved.

But some of us want it to move so we can get our bids filled... Smiley

It will move once FC next announces something .... Smiley
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January 09, 2014, 03:15:45 AM
 #16372

It will move once FC next announces something .... Smiley
It will also move when someone's Chinese girlfriend's friend hears a rumour about the tapeout ...

This week especially beware of false rumours and wait for official news from FC.
empoweoqwj
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January 09, 2014, 03:36:13 AM
 #16373

It will move once FC next announces something .... Smiley
It will also move when someone's Chinese girlfriend's friend hears a rumour about the tapeout ...

This week especially beware of false rumours and wait for official news from FC.

Yeah but these Chinese gf rumours often turn out to be based on something Wink
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January 09, 2014, 11:25:30 AM
 #16374

I think is a sign for a good coming summer.
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January 09, 2014, 01:19:27 PM
 #16375

still shocked at how strong the share price has been holding with these dividends, cant imagine whats to come after the announcement of tapeout
empoweoqwj
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January 09, 2014, 01:38:22 PM
 #16376

still shocked at how strong the share price has been holding with these dividends, cant imagine whats to come after the announcement of tapeout

The only people left are the people waiting for Gen3. Current divs are irrelevant to them. But yeah, if the tapeout announcement is good and on time, that will further boost the price for sure. I don't really care because I'm not selling, but it looks nice on my spreadsheet Smiley
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January 09, 2014, 01:56:05 PM
 #16377

still shocked at how strong the share price has been holding with these dividends, cant imagine whats to come after the announcement of tapeout

The only people left are the people waiting for Gen3. Current divs are irrelevant to them. But yeah, if the tapeout announcement is good and on time, that will further boost the price for sure. I don't really care because I'm not selling, but it looks nice on my spreadsheet Smiley

I think that event "tapeout on schedule" is already implemented in price. In other words, if tapeout is late, share price will go down.
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January 09, 2014, 01:59:39 PM
 #16378

still shocked at how strong the share price has been holding with these dividends, cant imagine whats to come after the announcement of tapeout

The only people left are the people waiting for Gen3. Current divs are irrelevant to them. But yeah, if the tapeout announcement is good and on time, that will further boost the price for sure. I don't really care because I'm not selling, but it looks nice on my spreadsheet Smiley

I think that event "tapeout on schedule" is already implemented in price. In other words, if tapeout is late, share price will go down.

A week's delay isn't going to shock anyone into selling. Most projects aren't done on schedule. What matters is the tapeout is a success this month and we move forwards without any major hiccups.
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January 09, 2014, 05:07:22 PM
 #16379

The gf is the first to notice when it's about to raise.

GPG ID: 7294199D - OTC ID: muyuu (470F97EB7294199D)
forum tea fund BTC 1Epv7KHbNjYzqYVhTCgXWYhGSkv7BuKGEU DOGE DF1eTJ2vsxjHpmmbKu9jpqsrg5uyQLWksM CAP F1MzvmmHwP2UhFq82NQT7qDU9NQ8oQbtkQ
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January 10, 2014, 04:40:14 AM
 #16380

Thank you, friedcat and burnside!  All my issues on ASICMINER-PT shares have been resolved. Smiley

Does anybody contact friedcat by PM?

I have not received dividends after shares transfer.
While I asked friedcat several times, I have not received any responses over 1 month.
I don't know what problem it is.  I doubt where my shares are.
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