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Showing 13 of 13 results by Caser
Post
Topic
Board Securities
Re: [BitFunder] Moving Forward/Resolution Process
by
Caser
on 20/12/2013, 10:18:21 UTC
Date    2013-11-17 08:08:27
Transaction ID    8s13gblVYJOJe4mTVB8ZrRLW7WqIFVr9
Type    Withdraw
Debit    1.07437170 BTC
Credit   
Fee    0.00000000 BTC
BTC Transaction   
Status    Processing

And like many people, on that weexclaims site I have

Balance Stuck   0.00000000   Available   0.00000000   Withdrawn   0.00000000

Post
Topic
Board Scam Accusations
Re: The People VS. Ukyo (AKA WeExchange 2nd Stage Scam)! Currently ~$500,000
by
Caser
on 21/11/2013, 03:26:20 UTC
Date    2013-11-17 08:08:27
Transaction ID    8s13gblVYJOJe4mTVB8ZrRLW7WqIFVr9
Type    Withdraw
Debit    1.07437170 BTC
Credit    
Fee    0.00000000 BTC
BTC Transaction    
Status    Processing
Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
Caser
on 01/07/2013, 10:12:25 UTC
Confident enough to value a share at 10+ BTC.

10BTC per share sets the market cap of AM at 4 Million BTCs: With 21 Million BTCs ever in circulation, that's pushing it - The most likely option is we ride the bubble-train to those waters, then deflate at some bubble-defining-moment to more reasonable worth. That could be some big name getting in the game. Ask yourself how much you'd be willing to pay for an AM share if you just heard that Intel or AMD had started designing new chips specifically for mining. With the coming divs, remember to keep a cool head.
(Without anyone else in the game and those divs, I'd pay 6BTC. With AMD/Intel/competitor with strong product... 0.5 to 1BTC maybe?)



You have a point about the potential risks but the number of bitcoins in circulation shouldn't have any bearing on the potential valuation of a company. The total value of an economy isn't just the money in that economy but all of the goods you can buy or trade with it, including financial instruments such as debt. A higher valuation of ASICMINER adds to the total value of the bitcoin economy.
Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
Caser
on 21/06/2013, 07:16:53 UTC
Screw the 6 confirmations...................

it's like a horse race, waiting for the coins to come through before everyone elses ;p

BTCTC only requires 3 confirmations  Grin

Is that why it's racing to BTC3 and BitFunder is still struggling to get to 2.85?

BTCT AM shares are also much easier to convert to/from PT shares than the shares on Bitfunder. You can do it once per month for free for any amount of shares. On Bitfunder you need at least 250 shares before you can convert them to direct shares.
Post
Topic
Board Hardware
Re: Is Avalon mining with customer hardware? Answer is here.
by
Caser
on 17/06/2013, 10:07:55 UTC
this is really serious, I've thought that BFL was doing this, now AVALON just went to my red-zone as well, it seems that ASICMINER is the only honet company (but with extreme prices)
Uh, ASICMiner also mines with their blades. They openly have a farm and continue to expand it.

Apparently, all three companies do this. Which is surprising coming from Avalon.

ASICMINER aren't mining with other people's hardware after they've sold it, which is what make's Avalon's actions unethical if this is true.
Post
Topic
Board Auctions
Re: [AUCTION] 1 ASICMINER Block Erupter Blade - NEW/SEALED - NO RESERVE - 13 GH/s
by
Caser
on 07/06/2013, 01:53:56 UTC
BTC27.0
Post
Topic
Board Beginners & Help
Re: Group buy AsicMiner Shares
by
Caser
on 22/05/2013, 08:37:40 UTC
This might be a newbie question. well I posted this on newbie forum so I think that's ok  Tongue. What is the difference between direct sale and PT share? Thanks.

From the G.ASICMINER.PT security description
Quote
Shares:
Each 1 share of G.ASICMINER-PT represents 1 share of ASICMINER maintained and verified by either “Friedcat” or any officially designated exchange.

Dividends
Each G.ASICMINER-PT share has the right to 100% of the dividends of 1 ASICMINER share.
The amount of the dividend is defined as amount distributed by “Friedcat” and/or any officially designated exchange.

Dividends will be paid within 48 hours of a payment from ASICMINER.

Voting Rights
Any public votes presented by ASICMINER to all shareholders of ASICMINER may be voted on BitFunder towards a single decision by the G.ASICMINGER-PT shareholder account.

Basically when you own a PT share you own an analog of a direct share that is owned by someone else. The dividends from the direct share are passed-through to the owner of the past-through share.
Post
Topic
Board Beginners & Help
Re: Newbie Forum Graduation? Post #5 here.
by
Caser
on 22/05/2013, 08:24:54 UTC
Cute.
Post
Topic
Board Beginners & Help
Re: price over the next month
by
Caser
on 22/05/2013, 08:20:53 UTC
I believe the difficulty has more of an effect on prices than most people realize. The majority of coins that trade on a daily basis come from miners cashing in, and that is pretty much the source of what little liquidity we have. While it is true that increased difficulty will not change the amount of coins found on a daily basis, it will shrink the amount found by the majority of miners, especially those using low-hash gear. Few people will cash in with 0.00004453 coins due to exchange fees. They will stack the coins until they have a larger sum to exchange, effectively draining liquidity.

I expect a slow but steady increase, lagging the difficulty spikes by a week or two.

Personally I think you have the speculators to thank for liquidity. I tend to keep what little mining profits I generate, and I know a lot of people that do the same. Of course the large miners who sell their BTC do help, but people with 50k+ USD trading on Mt.Gox grease the markets up far more.

Edit: The average bottom price seems to be rising by $20 every month or so. I think next month we'll see averages around 130-140. Only time will tell, though.

i couldnt agree more. with history as any type of indicator when the price stagnates it means its building support. when some big fish with a hudred grand buys in and makes it rise three or four bucks then others will pull the trigger as well then we will see that hughe jump...with a drop off but land some where in the mid thirtys and then buld and then land in the mid fortys or low fiftys. thats 150 to be clear. im thinking that this think is just about to take off. over the weekend this is going to get crazy...or maybe it will wate for tuesday after the holiday.

I think there's something to that. It's worth noting that a lot of the positive buzz around Bitcoin started after the crash. There's a lot more serious capital being invested in building infrastructure, which among other things means a deeper pool of competent personnel which brings increased stability. I don't think growth will be breakneck fast but it will be persistent, and that stability and innovation in the space will build on itself, and as more goods are available in BTC there will be less reason to convert back to a fiat currency so business's will hold BTC in order to use it in their supply chain, and the BTC/USD will go up for that reason rather than as a speculative play.
Post
Topic
Board Beginners & Help
Re: Group buy AsicMiner Shares
by
Caser
on 22/05/2013, 07:58:59 UTC
Note that these are PT shares on Bitfunder that are being sold OTC by the owner of the shares for close to their current value on Bitfunder. At a guess he's doing this because the exchange can't support the sale. The upshot is that you may as well buy now on Bitfunder if you can since there is minimal price advantage to buying them OTC (and that there'll be another dividend payment soon). Prices are somewhat higher on btct.co but as you can see there's no way to transfer the shares to this exchange to take advantage of the difference.
Post
Topic
Board Beginners & Help
Re: USB Powered Miner >300MH/s
by
Caser
on 22/05/2013, 07:21:32 UTC
It's arguable if these are worth the asking price, but they have the very great advantage of being available right now, as opposed to in a month or two. The only reason that ASICMINER can charge such a high premium for the Block Eruptor products (the blades were priced at 50BTC per unit, which amounts to a hashing power / BTC value of roughly 400MHs for 2BTC. That sale was massively oversubscribed) is because they have no effective competition at this point in time. If Avalon ships on time we will start to see competition late July / early August at which point I suspect we will see a version 2 with similar price point but 2 - 4 times the hashing power in a similar package from AM.
Post
Topic
Board Beginners & Help
Re: What Brought You To Bitcoin
by
Caser
on 22/05/2013, 05:53:57 UTC
A tweet from Rick Falkvinge.
Post
Topic
Board Beginners & Help
Re: Are you a newbie?
by
Caser
on 22/05/2013, 05:50:45 UTC
noobjail sucks so bad
It's not fantastic.

Just a suggestion that won't get read by anyone, it would help if the Newbie board was at / near the top of the list of forums so that it's immediately obvious for noobs where they have to go.