### ANN FAS ### INSTANT ALTCOIN MINING ### - page 7.

UltraPleb

newbie

Activity: 42

Merit: 0

Quote from: fasbit on February 08, 2014, 05:39:20 PM

Quote from: bitwho on February 08, 2014, 04:22:27 PM

Quote from: userpacman on February 08, 2014, 04:15:29 PM

Quote from: fasbit on February 08, 2014, 12:52:53 PM

Price can NEVER go lower.

FANTASTIC

their shares maybe for now they can controll the price cap . later, once its opened to trade i believe share holders could sell it as they please. and if its not profitable probaby sell it lower.

I need to know what they think the return investment wil be like.

we need more info

This is true... if price goes from .00001 to .000005, obviously it can fall back to .00001. But keep in mind, that no matter what, the price will still pay dividends. The more dividends we pay, the more desirable the shares. But We have to balance that with long term profitability.

What are the dividend rates that you will be paying? Skeptical to invest due to lack of information.

fasbit

sr. member

Activity: 425

Merit: 253

Quote from: DeadlyEskimo on February 09, 2014, 03:27:30 AM

On the vote, if the IPO flag is lowered what price would the new shares be sold at? Market or original IPO price?

Market

fasbit

sr. member

Activity: 425

Merit: 253

Quote from: DeadlyEskimo on February 09, 2014, 02:31:04 AM

Quote from: Manwe on February 09, 2014, 02:13:38 AM

Quote from: fasbit on February 09, 2014, 02:06:23 AM

Quote from: Manwe on February 09, 2014, 02:00:55 AM

I don't understand what is this, can somebody explain? And what is the relationship between it and c-note?

C-Note is a coin
Fasbit is a share

you can buy shares with c-note or btc

But I don't see where to buy with c-note.

From other users, from what I read there is no exchange yet.

Should be listed by Friday...I got a verbal from poloniex -dev last week....he's making some upgrades to accomodate the listing

y3804

sr. member

Activity: 406

Merit: 250

Well dumpers will dump. We're down to 0.000002.

I'm in for the long run though

Geenstijl

legendary

Activity: 1232

Merit: 1000

What i dont get.... You have 10 million shares at the lowest price possible... now ur gonna pay out dividends daily.. but how will you pay less than the lowest price dividend per share? Lowest dividend per share can only be equal to 0,000001 no?

DeadlyEskimo

full member

Activity: 179

Merit: 100

On the vote, if the IPO flag is lowered what price would the new shares be sold at? Market or original IPO price?

DeadlyEskimo

full member

Activity: 179

Merit: 100

Quote from: Manwe on February 09, 2014, 02:13:38 AM

Quote from: fasbit on February 09, 2014, 02:06:23 AM

Quote from: Manwe on February 09, 2014, 02:00:55 AM

I don't understand what is this, can somebody explain? And what is the relationship between it and c-note?

C-Note is a coin
Fasbit is a share

you can buy shares with c-note or btc

But I don't see where to buy with c-note.

From other users, from what I read there is no exchange yet.

Manwe

full member

Activity: 196

Merit: 100

Quote from: fasbit on February 09, 2014, 02:06:23 AM

Quote from: Manwe on February 09, 2014, 02:00:55 AM

I don't understand what is this, can somebody explain? And what is the relationship between it and c-note?

C-Note is a coin
Fasbit is a share

you can buy shares with c-note or btc

But I don't see where to buy with c-note.

fasbit

sr. member

Activity: 425

Merit: 253

Quote from: DeadlyEskimo on February 09, 2014, 01:59:34 AM

Hey Fasbit could you answer my question

Quote from: DeadlyEskimo on February 09, 2014, 01:32:24 AM

Q: IF 10,000,000 shares were released and say you have 50M/hs paying those share will the future 10,000,000 shares released be dependent on you bring another 50M/hs online to ensure current shares are not diluted? (M/HS is just a random number)

If this is correct, you will have double the mining power on 14th than you do today? If so will you provide some type of proof?

Yes... For now... dividends and photos

DeadlyEskimo

full member

Activity: 179

Merit: 100

Quote from: bitwho on February 09, 2014, 02:02:48 AM

Quote from: DeadlyEskimo on February 09, 2014, 01:59:34 AM

Hey Fasbit could you answer my question

Quote from: DeadlyEskimo on February 09, 2014, 01:32:24 AM

Q: IF 10,000,000 shares were released and say you have 50M/hs paying those share will the future 10,000,000 shares released be dependent on you bring another 50M/hs online to ensure current shares are not diluted? (M/HS is just a random number)

If this is correct, you will have double the mining power on 14th than you do today?

no it seems like this come in batches. this is the first PIO aka first batch of miners. who ever investest here gets the share/dividient from here. lets say 20 mining rigs.

the next batch or the second round, will be for brand new rig and the share and divident will be made only by the second round rigs

I doubt the shares will be separated to only earning dividends based on a set, set of rigs.

fasbit

sr. member

Activity: 425

Merit: 253

Quote from: Manwe on February 09, 2014, 02:00:55 AM

I don't understand what is this, can somebody explain? And what is the relationship between it and c-note?

C-Note is a coin
Fasbit is a share

you can buy shares with c-note or btc

DeadlyEskimo

full member

Activity: 179

Merit: 100

Quote from: Manwe on February 09, 2014, 02:00:55 AM

I don't understand what is this, can somebody explain? And what is the relationship between it and c-note?

IIRC

Its an announcement for a security on cryptostocks. You will earn dividends based on the mining done by Fasbit INC.

C-Note is going to be the main medium used to for all Fasbit transaction, share purchases, ect...

bitwho

legendary

Activity: 1274

Merit: 1000

Quote from: DeadlyEskimo on February 09, 2014, 01:59:34 AM

Hey Fasbit could you answer my question

Quote from: DeadlyEskimo on February 09, 2014, 01:32:24 AM

Q: IF 10,000,000 shares were released and say you have 50M/hs paying those share will the future 10,000,000 shares released be dependent on you bring another 50M/hs online to ensure current shares are not diluted? (M/HS is just a random number)

If this is correct, you will have double the mining power on 14th than you do today?

no it seems like this come in batches. this is the first PIO aka first batch of miners. who ever investest here gets the share/dividient from here. lets say 20 mining rigs.

the next batch or the second round, will be for brand new rig and the share and divident will be made only by the second round rigs

Manwe

full member

Activity: 196

Merit: 100

I don't understand what is this, can somebody explain? And what is the relationship between it and c-note?

DeadlyEskimo

full member

Activity: 179

Merit: 100

Hey Fasbit could you answer my question

Quote from: DeadlyEskimo on February 09, 2014, 01:32:24 AM

Q: IF 10,000,000 shares were released and say you have 50M/hs paying those share will the future 10,000,000 shares released be dependent on you bring another 50M/hs online to ensure current shares are not diluted? (M/HS is just a random number)

If this is correct, you will have double the mining power on 14th than you do today? If so will you provide some type of proof?

fasbit

sr. member

Activity: 425

Merit: 253

Quote from: y3804 on February 09, 2014, 01:26:37 AM

We're up to 0.000005 now. Definitely hitting 0.000010 within the next 72hrs

Look at the order history... BUY, BUY, BUY...last hour

fasbit

sr. member

Activity: 425

Merit: 253

Quote from: SZZT on February 09, 2014, 01:43:46 AM

@ fasbit

2nd IPO round will take place at market price on the IPO day?

Yes... Feb 14th

SZZT

sr. member

Activity: 273

Merit: 250

@ fasbit

2nd IPO round will take place at market price on the IPO day?

fasbit

sr. member

Activity: 425

Merit: 253

Quote from: DeadlyEskimo on February 09, 2014, 01:32:24 AM

I just there was a way to be more involved with this, besides being able to buy dividend share based on mining profits. I would like to actually own a piece of the company. This is going to be one of those rare opportunities that came around that you wish you heard about earlier.

Yes...u are right.... I might issue voting shares of fasbit....I have thought about it...
But its a lot of work to do it... keep us on the radar....
Ill be thinking about ways to incorporate outside investors/partners

DeadlyEskimo

full member

Activity: 179

Merit: 100

I just there was a way to be more involved with this, besides being able to buy dividend share based on mining profits. I would like to actually own a piece of the company. This is going to be one of those rare opportunities that came around that you wish you heard about earlier.

Q: IF 10,000,000 shares were released and say you have 50M/hs paying those share will the future 10,000,000 shares released be dependent on you bring another 50M/hs online to ensure current shares are not diluted? (M/HS is just a random number)

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