ensurance982
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July 29, 2014, 05:23:55 PM |
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With DataTank going quiet i'm wondering how involved they are with the cat's plan.
Have they really gone quiet? The last thing I heard was that they called off their IPO on Havelock because some mysterious investor wanted to pay for that himself. Could that be AM? Have there been additional events since the IPO got cancelled??? They have no reason to post on here if they are not seeking funding on this forum anymore. That is what he means by "gone quiet". Yeah, I know. But maybe someone actually heard what was going on over there, maybe stayed in contact or something. I guess people like antirack, who are big immersion-cooling enthusiasts may know more about what's going on behind doors!
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jimmothy
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July 29, 2014, 05:37:41 PM |
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I guess people like antirack, who are big immersion-cooling enthusiasts may know more about what's going on behind doors!
He's not only an enthusiast, he is the co-founder of datatank.
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ensurance982
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July 29, 2014, 05:49:32 PM |
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I guess people like antirack, who are big immersion-cooling enthusiasts may know more about what's going on behind doors!
He's not only an enthusiast, he is the co-founder of datatank. Oh he really is? I always figured he was involved or doing business with that company, but didn't know he really was a founder of that company!!! So yeah, why isn't he telling us anything?
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We Support Currencies: BTC, LTC, USD, EUR, GBP
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JoTheKhan
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July 29, 2014, 06:31:52 PM |
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I guess people like antirack, who are big immersion-cooling enthusiasts may know more about what's going on behind doors!
He's not only an enthusiast, he is the co-founder of datatank. Oh he really is? I always figured he was involved or doing business with that company, but didn't know he really was a founder of that company!!! So yeah, why isn't he telling us anything? Have you asked him anything?
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freedomno1
Legendary
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Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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July 29, 2014, 08:48:53 PM |
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Brief Answers to Shareholder Questions7) What is the status of self mining? What is the rollout schedule for the data centers?
8 ) What is the status of franchising partners? When can we expect to see income from them?
We will report the more detailed status to the board first. The short answer is that deploying and financing is easy while getting cheap electricity and proper device solution takes time. When we have farms running we can update the related information with real time hash rate.9) Can you please clarify this sentence from 21st April : "The dividend schedule will be aggressive, as AM will not require large sums of retained capital." < is this still actual, or meanwhile something changed?
It is still actual. The condition in May is not a part of the plan. When we were forecasted permissively about this summer's production power of the fab, we ordered as many wafers as we could to prevent the bottleneck with wafer production. 12) What is the cash flow ratio between the amount of Chips Fabricated and the percentage of the batch that is dedicated to cost.
There are no orders dedicated to cost in the short time. So it's 1:0. 15) Will the funds from future Gen 3 chips be used to fund Gen 4 chips or distributed as a dividend, and what relative percentage of income will be retained for Gen 4?
Both. 1/3 as forecasted.16) Previously our Asicminer farm was mining bitcoins and distributing a weekly dividend, will Asicminer update its present hash rate in the mining farms to account for current difficulty changes and to procure a secondary supply of Bitcoins to adapt for rapid changes in Bitcoin prices?
Yes. But that should be when we replace the farm with BE200 based devices, otherwise it is no point considering the 0.12-0.15$/kwh electricity price we get for our old farms. 20) What are the future plans and visions of Asicminer?
There will be at least two generations ahead. If future Bitcoin market cap allows there can be more. As we are keeping the chip design capability to grow with state-of-the-art technology as well as good channels with fabrication we can be flexible in terms of business mode be it chip-based or device-based. Lets see I guess I would request the calculator for hashrate but what Friedcat has announced is very consistent with his previous questions. The mining address and the estimated time for the farms to start running with the updated units From today Update
1. Due to the relatively lower interest from individual miners as well as OEM producers, the self mining has re-started from middle of July. We had gain access of cheap electricity and high power capacity.We hope to regain the average hashrate percentage similar to 2013 with this generation of chips.
3. We announce the sales of our own devices. We would arrange an offline meeting in Shenzhen first to share more information. We will post the English version of it on the meetup sub-board.
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Believing in Bitcoins and it's ability to change the world
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ensurance982
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July 29, 2014, 09:05:06 PM |
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I guess people like antirack, who are big immersion-cooling enthusiasts may know more about what's going on behind doors!
He's not only an enthusiast, he is the co-founder of datatank. Oh he really is? I always figured he was involved or doing business with that company, but didn't know he really was a founder of that company!!! So yeah, why isn't he telling us anything? Have you asked him anything? No, he usually appears whenever people are talking about immersion cooling or mention the word 'Novec'. Let's see if it works out...
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Swordsoffreedom
Legendary
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Activity: 2898
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Leading Crypto Sports Betting & Casino Platform
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July 29, 2014, 09:30:09 PM |
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I guess people like antirack, who are big immersion-cooling enthusiasts may know more about what's going on behind doors!
He's not only an enthusiast, he is the co-founder of datatank. Oh he really is? I always figured he was involved or doing business with that company, but didn't know he really was a founder of that company!!! So yeah, why isn't he telling us anything? Have you asked him anything? No, he usually appears whenever people are talking about immersion cooling or mention the word 'Novec'. Let's see if it works out... Guess you could just ask him a question according to the doc he does have an interview in a few days so no need to be uncertain on it.
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DjPxH
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July 29, 2014, 10:39:30 PM |
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Wow, so times are heating up again around AM? I really thought it might've tried to fly too close to the sun. Really interested in seeing their new mining solutions and whether they can hold up to those bold promises!
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▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
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Ozziecoin
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July 30, 2014, 12:49:21 AM |
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Update
1. Due to the relatively lower interest from individual miners as well as OEM producers, the self mining has re-started from middle of July. We had gain access of cheap electricity and high power capacity. We hope to regain the average hashrate percentage similar to 2013 with this generation of chips.
2. The price rockminer gets is not the sales price. It's the premium of franchising. We gain the part of profits after the devices begin to generate revenue like the franchising of devices. The sales price of chips stay a relatively high margin because our option of building our own devices and sell/deploy is always wide open.
3. We announce the sales of our own devices. We would arrange an offline meeting in Shenzhen first to share more information. We will post the English version of it on the meetup sub-board.
Average hashrate percentage peaked at over 30% of total network in 2013. If that can be achieved again...lookout. Everyone, please provide your guess on how many Btcs AM will be able to mine in the next 6 months. List below.
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Swordsoffreedom
Legendary
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Activity: 2898
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
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July 30, 2014, 12:58:17 AM |
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Everyone, please provide your guess on how many Btcs AM will be able to mine in the next 6 months. List below.
5% of the blocks found averaged over a year The number of Bitcoins generated per block starts at 50 and is halved every 210,000 blocks (about four years). Now The number of Bitcoins generated per block starts at 25 and is halved every 210,000 blocks (about four years). So 52500 a year on average 5% of that a year is 2625 Blocks a Year 2625 Blocks * 25 BTC = 65625 BTC 65625 BTC/ 400,000 Shares = 0.1640625 BTC/Share Per Annum
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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arousedrhino
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July 30, 2014, 01:04:55 AM |
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Update
1. Due to the relatively lower interest from individual miners as well as OEM producers, the self mining has re-started from middle of July. We had gain access of cheap electricity and high power capacity. We hope to regain the average hashrate percentage similar to 2013 with this generation of chips.
2. The price rockminer gets is not the sales price. It's the premium of franchising. We gain the part of profits after the devices begin to generate revenue like the franchising of devices. The sales price of chips stay a relatively high margin because our option of building our own devices and sell/deploy is always wide open.
3. We announce the sales of our own devices. We would arrange an offline meeting in Shenzhen first to share more information. We will post the English version of it on the meetup sub-board.
Average hashrate percentage peaked at over 30% of total network in 2013. If that can be achieved again...lookout. Everyone, please provide your guess on how many Btcs AM will be able to mine in the next 6 months. List below. How about we go use the speculation thread for what its supposed to be used for Speculation. https://bitcointalk.org/index.php?topic=235763
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Ozziecoin
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July 30, 2014, 03:19:53 AM |
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Everyone, please provide your guess on how many Btcs AM will be able to mine in the next 6 months. List below.
5% of the blocks found averaged over a year The number of Bitcoins generated per block starts at 50 and is halved every 210,000 blocks (about four years). Now The number of Bitcoins generated per block starts at 25 and is halved every 210,000 blocks (about four years). So 52500 a year on average 5% of that a year is 2625 Blocks a Year 2625 Blocks * 25 BTC = 65625 BTC 65625 BTC/ 400,000 Shares = 0.1640625 BTC/Share Per Annum So if AM reaches 30% hash peak, which maybe means 15% of blocks over a Year = 196,875 Btcs. Divide by 400,000 Shares = 0.49 Btc/Share per annum. I guess that is a possible high point. We can expect somewhere between 0.16 to 0.49 Btc per share in divs (less costs of course). BTW, it appears to me that 99.99% of stuff on this thread has been speculation.
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dmcdad
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July 30, 2014, 03:51:10 AM |
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We can expect somewhere between 0.16 to 0.49 Btc per share in divs (less costs of course). The costs is pretty important at this (later) stage in the game. The number of blades needed to capture 5% to 30% of the coins is huge, so even if electricity is cheap the costs involved for the PSUs, PCBs, facilities, etc., is going to be significant. Way more significant than when AM previously had 5%+ of the total hash power. A silver lining is that if FC does build up significant mining capability now (either directly or through franchising), he'll be sitting in a very good position to deploy gen4 blades. If they come in as efficient as he hopes then things could get very interesting.
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dhenson
Legendary
Offline
Activity: 994
Merit: 1000
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July 30, 2014, 04:04:54 AM |
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Everyone, please provide your guess on how many Btcs AM will be able to mine in the next 6 months. List below.
5% of the blocks found averaged over a year The number of Bitcoins generated per block starts at 50 and is halved every 210,000 blocks (about four years). Now The number of Bitcoins generated per block starts at 25 and is halved every 210,000 blocks (about four years). So 52500 a year on average 5% of that a year is 2625 Blocks a Year 2625 Blocks * 25 BTC = 65625 BTC 65625 BTC/ 400,000 Shares = 0.1640625 BTC/Share Per Annum So if AM reaches 30% hash peak, which maybe means 15% of blocks over a Year = 196,875 Btcs. Divide by 400,000 Shares = 0.49 Btc/Share per annum. I guess that is a possible high point. We can expect somewhere between 0.16 to 0.49 Btc per share in divs (less costs of course). BTW, it appears to me that 99.99% of stuff on this thread has been speculation. Has anyone totaled the Gen 3 public sales to estimate what could possibly be remaining from the original 60P? It seems that would be more constructive than simply pulling 5%/10%/30% numbers out of thin air.
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Ozziecoin
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July 30, 2014, 04:18:57 AM |
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Everyone, please provide your guess on how many Btcs AM will be able to mine in the next 6 months. List below.
5% of the blocks found averaged over a year The number of Bitcoins generated per block starts at 50 and is halved every 210,000 blocks (about four years). Now The number of Bitcoins generated per block starts at 25 and is halved every 210,000 blocks (about four years). So 52500 a year on average 5% of that a year is 2625 Blocks a Year 2625 Blocks * 25 BTC = 65625 BTC 65625 BTC/ 400,000 Shares = 0.1640625 BTC/Share Per Annum So if AM reaches 30% hash peak, which maybe means 15% of blocks over a Year = 196,875 Btcs. Divide by 400,000 Shares = 0.49 Btc/Share per annum. I guess that is a possible high point. We can expect somewhere between 0.16 to 0.49 Btc per share in divs (less costs of course). BTW, it appears to me that 99.99% of stuff on this thread has been speculation. Has anyone totaled the Gen 3 public sales to estimate what could possibly be remaining from the original 60P? It seems that would be more constructive than simply pulling 5%/10%/30% numbers out of thin air. Pretty sure FC said he wants to reach comparable hashrate as 2013. i.e. Doesn't matter what he has sold to date.
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Chris_Sabian
Legendary
Offline
Activity: 896
Merit: 1001
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July 30, 2014, 04:21:26 AM |
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Everyone, please provide your guess on how many Btcs AM will be able to mine in the next 6 months. List below.
5% of the blocks found averaged over a year The number of Bitcoins generated per block starts at 50 and is halved every 210,000 blocks (about four years). Now The number of Bitcoins generated per block starts at 25 and is halved every 210,000 blocks (about four years). So 52500 a year on average 5% of that a year is 2625 Blocks a Year 2625 Blocks * 25 BTC = 65625 BTC 65625 BTC/ 400,000 Shares = 0.1640625 BTC/Share Per Annum So if AM reaches 30% hash peak, which maybe means 15% of blocks over a Year = 196,875 Btcs. Divide by 400,000 Shares = 0.49 Btc/Share per annum. I guess that is a possible high point. We can expect somewhere between 0.16 to 0.49 Btc per share in divs (less costs of course). BTW, it appears to me that 99.99% of stuff on this thread has been speculation. Has anyone totaled the Gen 3 public sales to estimate what could possibly be remaining from the original 60P? It seems that would be more constructive than simply pulling 5%/10%/30% numbers out of thin air. Pretty sure FC said he wants to reach comparable hashrate as 2013. i.e. Doesn't matter what he has sold to date. I suppose that the question would be what hashrate in 2013 because it went from 0-33% global hashrate?
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Swordsoffreedom
Legendary
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Activity: 2898
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
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July 30, 2014, 04:25:46 AM |
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I suppose that the question would be what hashrate in 2013 because it went from 0-33% global hashrate?
Just to clarify that Friedcat said the average hashrate percentage similar to 2013 So that would be to scale with the present hashrate not the hashrate in 2013 Perhaps go with the median
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Zubilica
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July 30, 2014, 05:28:45 AM |
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So , i guess that board meeting went well ) 0.35 BTC/share says it all
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Fordee
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July 30, 2014, 05:31:24 AM |
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.. Yup... someone is it in for more than just quick div's, or they would just buy up AM100s... the spread right now is huge..
Friedcat must have some spectacular news... Can't wait for the August Salon...
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freedomno1
Legendary
Offline
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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July 30, 2014, 05:35:22 AM |
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.. Yup... someone is it in for more than just quick div's, or they would just buy up AM100s... the spread right now is huge..
Friedcat must have some spectacular news... Can't wait for the August Salon...
The market is more or less waiting a few days for the press conference from Friedcat So pretty much a standby to evaluate where to go Hmm although I just noticed it went to 0.35 maybe it was good news.
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Believing in Bitcoins and it's ability to change the world
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