Panic sells? The depth of these exchanges is so shallow, that literally anyone can manipulate the trend up or down at wish.
There is nothing wrong with this company, and a price lower than 4 is just fictitious and makes no freaking sense. This week we had an increment of dividends, all the way to 0.024571 btc per share... and the market is crashing? Hahaha, damn fools thanks for the cheap shares.
Topic: 350 Direct Shares AsicMiner Available (Read 2290 times)
Bitslame,
You should have accepted by bid when I offered it. With the way Asicminer is tanking, you are not going to find a better one anytime soon. Looks like the beginning of a selling panic in the midst - only news tomorrow that exceeds expectations will offset it. Then again, friedcat has done that many times before, so I would not be surprised. By Thursday this will either be well under 3.5 or back up close to 4.0
You should have accepted by bid when I offered it. With the way Asicminer is tanking, you are not going to find a better one anytime soon. Looks like the beginning of a selling panic in the midst - only news tomorrow that exceeds expectations will offset it. Then again, friedcat has done that many times before, so I would not be surprised. By Thursday this will either be well under 3.5 or back up close to 4.0
He should panic sell because people are going to panic sell? Good one.
He who panics first panics best
Bitslame,
You should have accepted by bid when I offered it. With the way Asicminer is tanking, you are not going to find a better one anytime soon. Looks like the beginning of a selling panic in the midst - only news tomorrow that exceeds expectations will offset it. Then again, friedcat has done that many times before, so I would not be surprised. By Thursday this will either be well under 3.5 or back up close to 4.0
You should have accepted by bid when I offered it. With the way Asicminer is tanking, you are not going to find a better one anytime soon. Looks like the beginning of a selling panic in the midst - only news tomorrow that exceeds expectations will offset it. Then again, friedcat has done that many times before, so I would not be surprised. By Thursday this will either be well under 3.5 or back up close to 4.0
He should panic sell because people are going to panic sell? Good one.
Bitslame,
You should have accepted by bid when I offered it. With the way Asicminer is tanking, you are not going to find a better one anytime soon. Looks like the beginning of a selling panic in the midst - only news tomorrow that exceeds expectations will offset it. Then again, friedcat has done that many times before, so I would not be surprised. By Thursday this will either be well under 3.5 or back up close to 4.0
You should have accepted by bid when I offered it. With the way Asicminer is tanking, you are not going to find a better one anytime soon. Looks like the beginning of a selling panic in the midst - only news tomorrow that exceeds expectations will offset it. Then again, friedcat has done that many times before, so I would not be surprised. By Thursday this will either be well under 3.5 or back up close to 4.0
They would probably sell at 4.2
I'm curious about his week's dividend.
I think that would be the max and I don't think he would sell them all. It seems like people are not willing to pay a premium anymore for PT shares. The increased liquidity of PT is more of a draw than any perceived risk of PT shares. I think burnside has earned trust in the community and most people expect friedcat would not tolerate him cheating people even if he did go to the dark side. As a result, the PT shares have very little perceived risk associated with them.I'm curious about his week's dividend.
You can just buy PT shares and transfer them to direct share at no cost at all... so burnside has little influence in the process (just while you buy them and wait for the transfer).
Anyway, friedcat know about btc-tc role in the market and wouldn't allow any "mistake" from them taking advantage from investors.
They would probably sell at 4.2
I'm curious about his week's dividend.
I think that would be the max and I don't think he would sell them all. It seems like people are not willing to pay a premium anymore for PT shares. The increased liquidity of PT is more of a draw than any perceived risk of PT shares. I think burnside has earned trust in the community and most people expect friedcat would not tolerate him cheating people even if he did go to the dark side. As a result, the PT shares have very little perceived risk associated with them.I'm curious about his week's dividend.
You can just buy PT shares and transfer them to direct share at no cost at all... so burnside has little influence in the process (just while you buy them and wait for the transfer).
Anyway, friedcat know about btc-tc role in the market and wouldn't allow any "mistake" from them taking advantage from investors.
They would probably sell at 4.2
I'm curious about his week's dividend.
I think that would be the max and I don't think he would sell them all. It seems like people are not willing to pay a premium anymore for PT shares. The increased liquidity of PT is more of a draw than any perceived risk of PT shares. I think burnside has earned trust in the community and most people expect friedcat would not tolerate him cheating people even if he did go to the dark side. As a result, the PT shares have very little perceived risk associated with them. I'm curious about his week's dividend.
That's not true.
if btct.co is taken down, the asset issuer will use the last BTC-TC Shareholder Report he has received (they receive it once a day AFAIK). So the only issue to solve is the first 24 hours from time of trade and it could be minimized by buying just a few shares each day up to the amount one would need.
Also, PTs can be "transformed" into direct shares without any costs at any time if more than 50 shares or once a month if less than that.
Don't be mad at me, I just want to allow everyone to know the truth. My intention is not to make harder to you to dump your shares and my advice to you would be to transfer your shares to btc-tc and sell them there, you would be able to sell them much faster and with less risk.
Adriano
if btct.co is taken down, the asset issuer will use the last BTC-TC Shareholder Report he has received (they receive it once a day AFAIK). So the only issue to solve is the first 24 hours from time of trade and it could be minimized by buying just a few shares each day up to the amount one would need.
Also, PTs can be "transformed" into direct shares without any costs at any time if more than 50 shares or once a month if less than that.
Don't be mad at me, I just want to allow everyone to know the truth. My intention is not to make harder to you to dump your shares and my advice to you would be to transfer your shares to btc-tc and sell them there, you would be able to sell them much faster and with less risk.
Adriano
You still have a third-part risk with PT Shares. I am sure burnside is honest, but he is not only the issuer of the asset,
he is also admin of btct. So in theory he could do whatever he wants, move shares to his account and dump them for example.
Or btct can get hacked and the attacker dumps your shares - you don't have that risk with direct shares.
Security Exchanges (bitfunder, btct.co and havelock, etc...) on the other hand are directly illegal, so I don't really care if their admins are good willed, they can be shut down any minute just like GBLSE.
In any case, if you put a passthrough in between you and your shares, you are adding an extra point of failure.
+1
They would probably sell at 4.2
I'm curious about his week's dividend.
I'm curious about his week's dividend.
That's not true.
if btct.co is taken down, the asset issuer will use the last BTC-TC Shareholder Report he has received (they receive it once a day AFAIK). So the only issue to solve is the first 24 hours from time of trade and it could be minimized by buying just a few shares each day up to the amount one would need.
Also, PTs can be "transformed" into direct shares without any costs at any time if more than 50 shares or once a month if less than that.
Don't be mad at me, I just want to allow everyone to know the truth. My intention is not to make harder to you to dump your shares and my advice to you would be to transfer your shares to btc-tc and sell them there, you would be able to sell them much faster and with less risk.
Adriano
if btct.co is taken down, the asset issuer will use the last BTC-TC Shareholder Report he has received (they receive it once a day AFAIK). So the only issue to solve is the first 24 hours from time of trade and it could be minimized by buying just a few shares each day up to the amount one would need.
Also, PTs can be "transformed" into direct shares without any costs at any time if more than 50 shares or once a month if less than that.
Don't be mad at me, I just want to allow everyone to know the truth. My intention is not to make harder to you to dump your shares and my advice to you would be to transfer your shares to btc-tc and sell them there, you would be able to sell them much faster and with less risk.
Adriano
You still have a third-part risk with PT Shares. I am sure burnside is honest, but he is not only the issuer of the asset,
he is also admin of btct. So in theory he could do whatever he wants, move shares to his account and dump them for example.
Or btct can get hacked and the attacker dumps your shares - you don't have that risk with direct shares.
Security Exchanges (bitfunder, btct.co and havelock, etc...) on the other hand are directly illegal, so I don't really care if their admins are good willed, they can be shut down any minute just like GBLSE.
In any case, if you put a passthrough in between you and your shares, you are adding an extra point of failure.
That's not true.
if btct.co is taken down, the asset issuer will use the last BTC-TC Shareholder Report he has received (they receive it once a day AFAIK). So the only issue to solve is the first 24 hours from time of trade and it could be minimized by buying just a few shares each day up to the amount one would need.
Also, PTs can be "transformed" into direct shares without any costs at any time if more than 50 shares or once a month if less than that.
Don't be mad at me, I just want to allow everyone to know the truth. My intention is not to make harder to you to dump your shares and my advice to you would be to transfer your shares to btc-tc and sell them there, you would be able to sell them much faster and with less risk.
Adriano
if btct.co is taken down, the asset issuer will use the last BTC-TC Shareholder Report he has received (they receive it once a day AFAIK). So the only issue to solve is the first 24 hours from time of trade and it could be minimized by buying just a few shares each day up to the amount one would need.
Also, PTs can be "transformed" into direct shares without any costs at any time if more than 50 shares or once a month if less than that.
Don't be mad at me, I just want to allow everyone to know the truth. My intention is not to make harder to you to dump your shares and my advice to you would be to transfer your shares to btc-tc and sell them there, you would be able to sell them much faster and with less risk.
Adriano
You still have a third-part risk with PT Shares. I am sure burnside is honest, but he is not only the issuer of the asset,
he is also admin of btct. So in theory he could do whatever he wants, move shares to his account and dump them for example.
Or btct can get hacked and the attacker dumps your shares - you don't have that risk with direct shares.
Security Exchanges (bitfunder, btct.co and havelock, etc...) on the other hand are directly illegal, so I don't really care if their admins are good willed, they can be shut down any minute just like GBLSE.
In any case, if you put a passthrough in between you and your shares, you are adding an extra point of failure.
That's not true.
if btct.co is taken down, the asset issuer will use the last BTC-TC Shareholder Report he has received (they receive it once a day AFAIK). So the only issue to solve is the first 24 hours from time of trade and it could be minimized by buying just a few shares each day up to the amount one would need.
Also, PTs can be "transformed" into direct shares without any costs at any time if more than 50 shares or once a month if less than that.
Don't be mad at me, I just want to allow everyone to know the truth. My intention is not to make harder to you to dump your shares and my advice to you would be to transfer your shares to btc-tc and sell them there, you would be able to sell them much faster and with less risk.
Adriano
if btct.co is taken down, the asset issuer will use the last BTC-TC Shareholder Report he has received (they receive it once a day AFAIK). So the only issue to solve is the first 24 hours from time of trade and it could be minimized by buying just a few shares each day up to the amount one would need.
Also, PTs can be "transformed" into direct shares without any costs at any time if more than 50 shares or once a month if less than that.
Don't be mad at me, I just want to allow everyone to know the truth. My intention is not to make harder to you to dump your shares and my advice to you would be to transfer your shares to btc-tc and sell them there, you would be able to sell them much faster and with less risk.
Adriano
You still have a third-part risk with PT Shares. I am sure burnside is honest, but he is not only the issuer of the asset,
he is also admin of btct. So in theory he could do whatever he wants, move shares to his account and dump them for example.
Or btct can get hacked and the attacker dumps your shares - you don't have that risk with direct shares.
That's not true.
if btct.co is taken down, the asset issuer will use the last BTC-TC Shareholder Report he has received (they receive it once a day AFAIK). So the only issue to solve is the first 24 hours from time of trade and it could be minimized by buying just a few shares each day up to the amount one would need.
Also, PTs can be "transformed" into direct shares without any costs at any time if more than 50 shares or once a month if less than that.
Don't be mad at me, I just want to allow everyone to know the truth. My intention is not to make harder to you to dump your shares and my advice to you would be to transfer your shares to btc-tc and sell them there, you would be able to sell them much faster and with less risk.
Adriano
if btct.co is taken down, the asset issuer will use the last BTC-TC Shareholder Report he has received (they receive it once a day AFAIK). So the only issue to solve is the first 24 hours from time of trade and it could be minimized by buying just a few shares each day up to the amount one would need.
Also, PTs can be "transformed" into direct shares without any costs at any time if more than 50 shares or once a month if less than that.
Don't be mad at me, I just want to allow everyone to know the truth. My intention is not to make harder to you to dump your shares and my advice to you would be to transfer your shares to btc-tc and sell them there, you would be able to sell them much faster and with less risk.
Adriano
You still have a third-part risk with PT Shares. I am sure burnside is honest, but he is not only the issuer of the asset,
he is also admin of btct. So in theory he could do whatever he wants, move shares to his account and dump them for example.
Or btct can get hacked and the attacker dumps your shares - you don't have that risk with direct shares.
i just cant understand the benefit of theses shares
Direct shares will always have a premium over passthroughs.PTs are PTs, if bitfunder or btct.co is taken down, your shares are gone.
That's not true.
if btct.co is taken down, the asset issuer will use the last BTC-TC Shareholder Report he has received (they receive it once a day AFAIK). So the only issue to solve is the first 24 hours from time of trade and it could be minimized by buying just a few shares each day up to the amount one would need.
Also, PTs can be "transformed" into direct shares without any costs at any time if more than 50 shares or once a month if less than that.
Don't be mad at me, I just want to allow everyone to know the truth. My intention is not to make harder to you to dump your shares and my advice to you would be to transfer your shares to btc-tc and sell them there, you would be able to sell them much faster and with less risk.
Adriano
i just cant understand the benefit of theses shares
Direct shares will always have a premium over passthroughs.PTs are PTs, if bitfunder or btct.co is taken down, your shares are gone.
Anyone selling direct shares less than 4.5 are giving away their money.
I am in no hurry to sell them at all, I can sit on them and invest with my dividends.
Bitsalame,
Is my bid of 3.5 BTC @ 350 shares accepted?
No, but I'll stay in touch with you. Is my bid of 3.5 BTC @ 350 shares accepted?
Bitsalame,
Is my bid of 3.5 BTC @ 350 shares accepted?
Is my bid of 3.5 BTC @ 350 shares accepted?
i just cant understand the benefit of theses shares
you should set a lower starting bid, considering the current market price, any way, interested and reserved 
He has a lot of shares to sell and I am offering him liquidity. It is very fair considering the auction ends on August 13th and bids are not retractable. In 9 days when the auction ends the shares could be trading for significantly less on the exchanges and I will still be required to honor my bid per the terms of the auction. As long as you understand he has no obligation to sell to you, since your bid isn't 4.5 or more.
you should set a lower starting bid, considering the current market price, any way, interested and reserved
He has a lot of shares to sell and I am offering him liquidity. It is very fair considering the auction ends on August 13th and bids are not retractable. In 9 days when the auction ends the shares could be trading for significantly less on the exchanges and I will still be required to honor my bid per the terms of the auction. As long as you understand he has no obligation to sell to you, since your bid isn't 4.5 or more.
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