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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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necro_nemesis
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March 26, 2014, 06:53:59 PM |
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I'm somehow puzzled, that we're back to 0.6 right now...
Concern for the testing going south from expectations? For reference here is the outcome of last Q/A from the 10th of Decemeber. Some questions appear to still be relevant and would benefit from further expansion now that things are starting to solidify. Answers to Recent Questions of Shareholders' Concern
- When can we expect an official public relations appointment and what channels will be used to announce information?
Still no dedicated full-time PR employee yet, since existing people in the company can only do it part-time, and knowing internals about the company business and arrangements poses requirements on some kind of loyalty for new employees, therefore we are still looking for the right people. Before that my collegues and I will keep updating information. The channel will still be forums from the start.
- What is the size of the first Gen 3 deployment and when is it expected?
It depends on if there are any external orders for the first Gen 3 deployment and the final performance when the chips are out. From 2P to 20P are possible.
- How will Gen 3 be divided between mining, franchising and hardware sales?
It depends on the users of our chips. It is a safe bet that we will be moving more to pure chip distribution. But if the edge of low cost on whole devices and deploying still exists in 2014 on our side, we will do more mining/franchising/hardware sales ourselves.
- What process size does Gen 3 use?
40nm. Anything below that and taking the same optimization way as ours will consume too much time before taping out.
- What will happen after all cubes are sold? Will there be anything coming between now and the first Gen 3 deployment?
During pre-production and production of the Gen3, most of our time will be spent on negotiating large chip orders (from us) and locating large-scale mining farm operations.
- Have dividends been paid out to shareholders for the cube sales yet?
Yes. But fiat payments are not exchanged for Bitcoins yet and kept as company funds.
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dhenson
Legendary
 Offline
Activity: 994
Merit: 1000
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March 26, 2014, 08:18:14 PM |
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Nobody is going to pay north of. 6 until eb3full is done selling at .6.
The minimum purchase amount and the qty of shares he has for sale combined with the lack of information coming out of FC is most likely going to keep us at .6 for a while.
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necro_nemesis
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March 26, 2014, 09:11:58 PM |
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Volume also appears to be relatively low. I'm thinking most people have already decided what position they want to be in or out of until the next round of news.
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freedomno1
Legendary
Offline
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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March 26, 2014, 09:58:14 PM |
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Nobody is going to pay north of. 6 until eb3full is done selling at .6.
The minimum purchase amount and the qty of shares he has for sale combined with the lack of information coming out of FC is most likely going to keep us at .6 for a while.
Well the auction is at half the price for bids and the market is at 0.6 so I am guessing that it is entrenched for a while |
Believing in Bitcoins and it's ability to change the world
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necro_nemesis
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March 26, 2014, 10:31:51 PM |
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Nobody is going to pay north of. 6 until eb3full is done selling at .6.
The minimum purchase amount and the qty of shares he has for sale combined with the lack of information coming out of FC is most likely going to keep us at .6 for a while.
Well the auction is at half the price for bids and the market is at 0.6 so I am guessing that it is entrenched for a while Yeah and to sell that volume at market on the exchange when looking at the order book you'd be digging down deep into the low offers so I don't think dropping that volume would equate to a quick sale unless you're willing to accept less. Certainly sets a cap that will only be broken with a significant reason to acquire a volume of shares. |
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eb3full
VIP
Full Member
Offline
Activity: 198
Merit: 101
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March 27, 2014, 12:03:55 AM |
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Assuming the trades I'm doing now are done, my auction should be finished.
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"With four parameters I can fit an elephant, and with five I can make him wiggle his trunk." John von Neumann
buy me beer: 1HG9cBBYME4HUVhfAqQvW9Vqwh3PLioHcU
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minerpumpkin
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March 27, 2014, 12:14:04 AM |
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Assuming the trades I'm doing now are done, my auction should be finished.
Ah, good to know! Care to reveal how many shares changed hands?  |
I should have gotten into Bitcoin back in 1992...
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eb3full
VIP
Full Member
Offline
Activity: 198
Merit: 101
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March 27, 2014, 12:16:00 AM |
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Ah, good to know! Care to reveal how many shares changed hands? All of the ones up for auction at least. |
"With four parameters I can fit an elephant, and with five I can make him wiggle his trunk." John von Neumann
buy me beer: 1HG9cBBYME4HUVhfAqQvW9Vqwh3PLioHcU
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VolanicEruptor
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March 27, 2014, 12:17:24 AM |
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and you sold them all for 0.6? Not bad.
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aahzmundus
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March 27, 2014, 02:51:36 AM |
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Should we just expect divs on Thursdays now?
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bitsalame
Donator
Hero Member
Offline
Activity: 714
Merit: 510
Preaching the gospel of Satoshi
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March 27, 2014, 03:41:28 AM |
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This is the second time in a row.
Once is an anomaly, twice is a coincidence, thrice is a pattern.
I don't like when patterns start shifting, it is worrisome.
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ning
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March 27, 2014, 04:05:18 AM |
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Reasoning by induction is like walking on ice, and yet it's all we have now.
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Franktank
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March 27, 2014, 04:16:35 AM |
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This is the second time in a row.
Once is an anomaly, twice is a coincidence, thrice is a pattern.
I don't like when patterns start shifting, it is worrisome.
He used to pay out dividends on Thursday, when they were heavily deploying Gen1 hardware. |
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Rival
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March 27, 2014, 04:17:40 AM |
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I was kinda hoping for some dust this week. Guess I am disappointed.
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Franktank
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March 27, 2014, 04:20:12 AM |
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I was kinda hoping for some dust this week. Guess I am disappointed.
Look, rockxie was in a rush to get that IPO in. That means he really wanted to get that first batch of chips. With that first batch sold out, we're looking at around 4000 BTC or about 0.01/share in the coming weeks. Just gotta wait with baited breath... |
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ning
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March 27, 2014, 04:23:35 AM |
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I was kinda hoping for some dust this week. Guess I am disappointed.
Look, rockxie was in a rush to get that IPO in. That means he really wanted to get that first batch of chips. With that first batch sold out, we're looking at around 4000 BTC or about 0.01/share in the coming weeks. Just gotta wait with baited breath... (Drum roll)... |
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freedomno1
Legendary
Offline
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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March 27, 2014, 05:45:18 AM |
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Assuming the trades I'm doing now are done, my auction should be finished.
Good stuff I was kinda hoping for some dust this week. Guess I am disappointed.
Look, rockxie was in a rush to get that IPO in. That means he really wanted to get that first batch of chips. With that first batch sold out, we're looking at around 4000 BTC or about 0.01/share in the coming weeks. Just gotta wait with baited breath... I think we can tell who the long holders are now for the most part as we wait with baited breath |
Believing in Bitcoins and it's ability to change the world
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Swordsoffreedom
Legendary
Offline
Activity: 2744
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
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March 27, 2014, 05:59:00 AM |
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This is the second time in a row.
Once is an anomaly, twice is a coincidence, thrice is a pattern.
I don't like when patterns start shifting, it is worrisome.
Dividends have been acting strangely over the last few weeks without more context it is hard to tell if they are just getting a tad lazy or something else is happening though. Perhaps they are considering making it bi-weekly since the amounts are getting smaller or they just prefer Thursdays because they are busy with chips on Wednesdays time-table scheduling etc. |
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bitfair
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March 27, 2014, 09:43:49 AM |
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This is the second time in a row.
Once is an anomaly, twice is a coincidence, thrice is a pattern.
I don't like when patterns start shifting, it is worrisome.
Dividends have been acting strangely over the last few weeks without more context it is hard to tell if they are just getting a tad lazy or something else is happening though. Perhaps they are considering making it bi-weekly since the amounts are getting smaller or they just prefer Thursdays because they are busy with chips on Wednesdays time-table scheduling etc. Well, if AM is receiving engineering samples tomorrow, then it's no great leap to imagine that they may be kind of busy right now... |
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