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Showing 20 of 21 results by bouchon2cul
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Board Securities
Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast)
by
bouchon2cul
on 21/09/2013, 14:14:19 UTC
Have you secured any cointerra devices for jan delivery yet? They're at a much better price point than hash fast units for batch 2.

As you mentioned, you said you would keep your options open and not restrict it to hashfast only. You should definitely get in contact with cointerra and get some hash power purchased from them.
Yes, please respond!
Otherwise it looks more and more like a way to guarantee sales for HashFast regardless of offerings and losses for investors.
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Board Securities
Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast)
by
bouchon2cul
on 19/09/2013, 14:27:46 UTC
Since HashFast states prices in fiat (and other miners, I still don't see why reinvest only has to be HashFast), why wouldn't a rising BTC simply give more hash rate to IceDrill? It's not a PMB a fixed hash/share right?
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Board Securities
Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast)
by
bouchon2cul
on 19/09/2013, 12:02:07 UTC
We are losing track of the issue that concerns people most right now. Many shares have been sold @ bitfunder below the official IPO price of 0.0014 BTC and are flooding the market now, causing a price drop and a loss for everyone who bought shares for the official price.

Either this has always been part of the plan or an unfortunate and never intended event, but we need a fix.

Either a buy back wall @ 0.00138 BTC or a prohibition to sell shares before IceDrill starts mining for those people who bought before the IPO would do the trick for us.
I can't believe it. You want to forbid people from selling below a price? But no one would be buying. That's basically forbidding anyone from selling his shares.
People are allowed to stop believing and cut their losses. Or simply need some urgent cash.

On your buyback idea - with what resources?

What's the point here? Share prices reflect people's sentiment. Price fixing does not work; shares would just be sold on the black market (actually the already are, see the guy with his 10000 shares!).
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Board Securities
Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast)
by
bouchon2cul
on 19/09/2013, 11:22:44 UTC
I see. So what is IceDrill exactly? The HashFast revenue stream protection program?
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Board Securities
Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast)
by
bouchon2cul
on 17/09/2013, 20:01:34 UTC
From my own calculations, if IceDrill gets 363 Th (the best case), they get a Gh for $6.7.
However https://hashfast.com/shop/babyjet/ is advertised as "As Low as $2.80 / GHash"
I know it doesn't include the electricity and hosting, but 350W, I can certainly handle it at home.

Could someone confirm my calculation?

The "as low as 2.80 per GH/s" is misleading -- they're counting the extra *chips* you will receive from their miner protection program *if* your miner fails to ROI.  You will get those chips without the supporting circuitry etc., and three months after the date you receive your miner.

Edit: The 3 months in the future part is the real nasty -- hashpower later is not the same as hashpower today Cry
Sure but then the miner protection program does what it does: protect me.

It's certainly better than nothing, but i'm not sure how much protection that program offers.  If the BOM to make those chips into hashing miners costs more than the coins you'll mine with the finished product, it'll simply put you further into the red.

I don't want to argue the point here -- simply answered your question.
OK thanks. I did the calculations without the program, now both options (shares or miner) look pretty bad. Sad
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Board Securities
Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast)
by
bouchon2cul
on 17/09/2013, 19:45:27 UTC
From my own calculations, if IceDrill gets 363 Th (the best case), they get a Gh for $6.7.
However https://hashfast.com/shop/babyjet/ is advertised as "As Low as $2.80 / GHash"
I know it doesn't include the electricity and hosting, but 350W, I can certainly handle it at home.

Could someone confirm my calculation?

The "as low as 2.80 per GH/s" is misleading -- they're counting the extra *chips* you will receive from their miner protection program *if* your miner fails to ROI.  You will get those chips without the supporting circuitry etc., and three months after the date you receive your miner.

Edit: The 3 months in the future part is the real nasty -- hashpower later is not the same as hashpower today Cry
Sure but then the miner protection program does what it does: protect me.
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Board Securities
Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast)
by
bouchon2cul
on 17/09/2013, 19:19:27 UTC
From my own calculations, if IceDrill gets 363 Th (the best case), they get a Gh for $6.7.
However https://hashfast.com/shop/babyjet/ is advertised as "As Low as $2.80 / GHash"
I know it doesn't include the electricity and hosting, but 350W, I can certainly handle it at home.

Could someone confirm my calculation?
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Topic
Board Securities
Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast)
by
bouchon2cul
on 17/09/2013, 18:48:39 UTC
Hmm maybe that could save it: https://hashfast.com/miner-protection-program/
Did IceDrill subscribe to this program?

Nope.
Hmm so actually direct HashFast customers can get a better deal?! So why is IceDrill restricting itself to HashFast?
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Board Securities
Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast)
by
bouchon2cul
on 17/09/2013, 18:39:28 UTC
Oh okay.. so half a million shares being sold under IPO value is considered "very few shareholders".   Cheesy  
Does that account for the 100,000 that are on sale off the books?
I must admit this is what triggered my visit here though I don't have enough shares to be that bothered about my losses.
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Board Securities
Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast)
by
bouchon2cul
on 17/09/2013, 18:31:28 UTC
Hmm maybe that could save it: https://hashfast.com/miner-protection-program/
Did IceDrill subscribe to this program?
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Board Securities
Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast)
by
bouchon2cul
on 17/09/2013, 18:22:26 UTC
They state 25% is reinvested so it really shouldn't halve - though it's only with HashFast which is suspicious.
Still I'm afraid it won't be enough to keep up.
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Topic
Board Securities
Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast)
by
bouchon2cul
on 17/09/2013, 18:09:47 UTC
It's badly performing because people who invested won't turn a profit (at least it's my understanding from what I'm reading here). Even the best performing case of 363 Th looks very expensive.

Ordering only from HashFast even in the future is also very suspicious, is this just a wait to turn a profit... for HashFast?

And with every 20 days that pass, the difficulty will double, splitting this share price in half again.
Expect .00055 soon!!!!
To the moon!
That seems a bit too pessimist.


I hope...  Undecided
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Board Securities
Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast)
by
bouchon2cul
on 17/09/2013, 18:01:30 UTC
It's badly performing because people who invested won't turn a profit (at least it's my understanding from what I'm reading here). Even the best performing case of 363 Th looks very expensive.

Ordering only from HashFast even in the future is also very suspicious, is this just a wait to turn a profit... for HashFast?
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Topic
Board Securities
Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast)
by
bouchon2cul
on 17/09/2013, 17:49:28 UTC
Sooo let me sum up:

- Someone wants to sell 1% of the thing already and there is not enough buy orders for him to dump
- It's already trading below the IPO price
- There is already talk on investors not making their investment back??

Somehow the operator has a +62 trust rating?? It's the first time I see a trust rating that high!!

What does that has to do anything with trust rating ?  
I'm surprised someone trusted could have such bad performing asset.
Unless he was actually aware it wouldn't be well performing beforehand?
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Topic
Board Securities
Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast)
by
bouchon2cul
on 17/09/2013, 17:41:13 UTC
Sooo let me sum up:

- Someone wants to sell 1% of the thing already and there is not enough buy orders for him to dump
- It's already trading below the IPO price
- There is already talk on investors not making their investment back??

Somehow the operator has a +62 trust rating?? It's the first time I see a trust rating that high!!
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Board Beginners & Help
Re: Hey all
by
bouchon2cul
on 08/09/2013, 00:18:36 UTC
To become a subscriber.
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Board Beginners & Help
Re: Hey all
by
bouchon2cul
on 07/09/2013, 23:56:17 UTC
I would like Twitch to directly accept Bitcoins...
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Topic
Board Beginners & Help
Re: This is a test. Square. Circle. Triangle.
by
bouchon2cul
on 07/09/2013, 22:51:08 UTC
Dodecagon.
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Topic
Board Beginners & Help
Re: do i have to download all blocks to start using my bitcoin
by
bouchon2cul
on 07/09/2013, 22:44:05 UTC
Any full wallet really.
But Bitcoin is really the slowest one to sync from the start as it has a lot of transactions and is the oldest.
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Board Beginners & Help
Re: do i have to download all blocks to start using my bitcoin
by
bouchon2cul
on 07/09/2013, 22:08:01 UTC