silverfuture
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Activity: 947
Merit: 1008
central banking = outdated protocol
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October 11, 2014, 12:01:50 AM |
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You don't ask for even more investment money unless you have already spent what you had and now are pretty much broke.
Thats nonsense. In one of my previous startups we would regularly issue shares to VCs even though we had more money in the bank than we knew what to do with. There are countless reasons to get investor funds, not in the least if investors are willing to pay more for a share of the business than you think its worth. Or if you want cash up front and off load (part of) the risk. OK, so maybe they want to off load some risk or find some suckers who will pay more than it's worth. Pure nonsense  |
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Puppet
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Activity: 980
Merit: 1040
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October 11, 2014, 12:09:26 AM |
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OK, so maybe they want to off load some risk or find some suckers who will pay more than it's worth. Pure nonsense Isnt that the essence of AM's business model (and that of every other asic vendor) ? |
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silverfuture
Legendary
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Activity: 947
Merit: 1008
central banking = outdated protocol
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October 11, 2014, 01:33:51 AM |
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OK, so maybe they want to off load some risk or find some suckers who will pay more than it's worth. Pure nonsense Isnt that the essence of AM's business model (and that of every other asic vendor) ? No, it's yours and Bitfury's. AM is still operating on the profits they earned from the capital they raised from IPO and have already paid shareholders 6x what they invested. That's the difference. |
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101111
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October 11, 2014, 03:12:26 AM |
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100MW is a huge amount of power. About 1/100 the size of a coal powerplant.
More like one entire powerplant. Yes, there's plenty of plants around 100MW. |
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MilkyLep
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October 11, 2014, 04:35:45 AM |
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100MW is a huge amount of power. About 1/100 the size of a coal powerplant.
More like one entire powerplant. Yes, there's plenty of plants around 100MW. So when do all the datatanks get plugged into AM's personal 100 - 10000MW power plant? |
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bitsalame
Donator
Hero Member
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Activity: 714
Merit: 510
Preaching the gospel of Satoshi
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October 11, 2014, 04:40:08 AM |
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OK, so maybe they want to off load some risk or find some suckers who will pay more than it's worth. Pure nonsense Isnt that the essence of AM's business model (and that of every other asic vendor) ? Have you heard Friedcat asking for an additional round of investments? We only heard about the year of the exahash from him. And no additional funding was needed for that. |
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bitsalame
Donator
Hero Member
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Activity: 714
Merit: 510
Preaching the gospel of Satoshi
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October 11, 2014, 04:41:12 AM |
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100MW is a huge amount of power. About 1/100 the size of a coal powerplant.
More like one entire powerplant. Yes, there's plenty of plants around 100MW. So when do all the datatanks get plugged into AM's personal 100 - 10000MW power plant? Gosh, 10GW is an obscenity. That is like 8 trips to the future. |
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MilkyLep
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October 11, 2014, 05:02:04 AM |
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100MW is a huge amount of power. About 1/100 the size of a coal powerplant.
More like one entire powerplant. Yes, there's plenty of plants around 100MW. So when do all the datatanks get plugged into AM's personal 100 - 10000MW power plant? Gosh, 10GW is an obscenity. That is like 8 trips to the future. Only 8? |
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Puppet
Legendary
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Activity: 980
Merit: 1040
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October 11, 2014, 08:11:24 AM |
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OK, so maybe they want to off load some risk or find some suckers who will pay more than it's worth. Pure nonsense Isnt that the essence of AM's business model (and that of every other asic vendor) ? Have you heard Friedcat asking for an additional round of investments? Reread the above, and see where it says "investors". Selling mining equipment to end users t is just another way to offload risk to suckers who generally want to pay more than its worth. |
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RoadStress
Legendary
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Activity: 1904
Merit: 1007
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October 11, 2014, 10:38:43 AM |
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OK, so maybe they want to off load some risk or find some suckers who will pay more than it's worth. Pure nonsense Isnt that the essence of AM's business model (and that of every other asic vendor) ? No, it's yours and Bitfury's. AM is still operating on the profits they earned from the capital they raised from IPO and have already paid shareholders 6x what they invested. That's the difference. This was in the past. How is the present and the future for AM? |
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hdbuck
Legendary
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Activity: 1260
Merit: 1002
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October 11, 2014, 10:46:44 AM |
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OK, so maybe they want to off load some risk or find some suckers who will pay more than it's worth. Pure nonsense Isnt that the essence of AM's business model (and that of every other asic vendor) ? No, it's yours and Bitfury's. AM is still operating on the profits they earned from the capital they raised from IPO and have already paid shareholders 6x what they invested. That's the difference. This was in the past. How is the present and the future for AM? Lol some good ol counter trollin.. ^^ did you like mine in spongebob thread?  |
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sharky101
Member
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Activity: 108
Merit: 10
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October 11, 2014, 01:19:55 PM |
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Had an email stating my transfer of direct shares to havelock is complete. However if I log into Havelock, I can't see any of the shares. Has anyone else had this problem?
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vortex1878
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October 11, 2014, 01:21:24 PM |
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Had an email stating my transfer of direct shares to havelock is complete. However if I log into Havelock, I can't see any of the shares. Has anyone else had this problem?
Who sent you the email confirmation? |
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sharky101
Member
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Activity: 108
Merit: 10
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October 11, 2014, 01:23:59 PM |
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Had an email stating my transfer of direct shares to havelock is complete. However if I log into Havelock, I can't see any of the shares. Has anyone else had this problem?
Who sent you the email confirmation? Ah just re-read the import process. Havelock have a 48 hour import window. fnnirvana@gmail.com emailed me early yesterday so I guess i'll wait another 24 hours. |
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vortex1878
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October 11, 2014, 01:25:39 PM |
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Had an email stating my transfer of direct shares to havelock is complete. However if I log into Havelock, I can't see any of the shares. Has anyone else had this problem?
Who sent you the email confirmation? Ah just re-read the import process. Havelock have a 48 hour import window. fnnirvana@gmail.com emailed me early yesterday so I guess i'll wait another 24 hours. Exactly. Took some time for me also. In the meantime we prepare for the next dump. ^^ |
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sharky101
Member
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Activity: 108
Merit: 10
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October 11, 2014, 01:32:53 PM |
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Had an email stating my transfer of direct shares to havelock is complete. However if I log into Havelock, I can't see any of the shares. Has anyone else had this problem?
Who sent you the email confirmation? Ah just re-read the import process. Havelock have a 48 hour import window. fnnirvana@gmail.com emailed me early yesterday so I guess i'll wait another 24 hours. Exactly. Took some time for me also. In the meantime we prepare for the next dump. ^^ Cool thanks for the info. The dump won't be caused by me. |
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vortex1878
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October 11, 2014, 01:36:13 PM |
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Had an email stating my transfer of direct shares to havelock is complete. However if I log into Havelock, I can't see any of the shares. Has anyone else had this problem?
Who sent you the email confirmation? Ah just re-read the import process. Havelock have a 48 hour import window. fnnirvana@gmail.com emailed me early yesterday so I guess i'll wait another 24 hours. Exactly. Took some time for me also. In the meantime we prepare for the next dump. ^^ Cool thanks for the info. The dump won't be caused by me. Yes, you probably only transferred your shares because they are safer at Havelock's.  |
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bitsalame
Donator
Hero Member
Offline
Activity: 714
Merit: 510
Preaching the gospel of Satoshi
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October 11, 2014, 02:01:55 PM |
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100MW is a huge amount of power. About 1/100 the size of a coal powerplant.
More like one entire powerplant. Yes, there's plenty of plants around 100MW. So when do all the datatanks get plugged into AM's personal 100 - 10000MW power plant? Gosh, 10GW is an obscenity. That is like 8 trips to the future. Only 8? 10GW/1.21GW= 8 trips, and to return to the present you must use the lightning rod from the clock tower. |
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xhomerx10
Legendary
Offline
Activity: 3822
Merit: 7968
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October 11, 2014, 02:16:32 PM |
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Had an email stating my transfer of direct shares to havelock is complete. However if I log into Havelock, I can't see any of the shares. Has anyone else had this problem?
Who sent you the email confirmation? Ah just re-read the import process. Havelock have a 48 hour import window. fnnirvana@gmail.com emailed me early yesterday so I guess i'll wait another 24 hours. Exactly. Took some time for me also. In the meantime we prepare for the next dump. ^^ Cool thanks for the info. The dump won't be caused by me. Yes, you probably only transferred your shares because they are safer at Havelock's. Either that or 2 shares could hardly be called a "dump"  |
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sharky101
Member
Offline
Activity: 108
Merit: 10
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October 11, 2014, 04:28:05 PM |
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Had an email stating my transfer of direct shares to havelock is complete. However if I log into Havelock, I can't see any of the shares. Has anyone else had this problem?
Who sent you the email confirmation? Ah just re-read the import process. Havelock have a 48 hour import window. fnnirvana@gmail.com emailed me early yesterday so I guess i'll wait another 24 hours. Exactly. Took some time for me also. In the meantime we prepare for the next dump. ^^ Cool thanks for the info. The dump won't be caused by me. Yes, you probably only transferred your shares because they are safer at Havelock's. Either that or 2 shares could hardly be called a "dump" Yeah, if my dump causes a price drop you should all be worried. Only a small holder here. |
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