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Topic: ASIC.COOP ASIC MINERS COOPERATIVE - page 10. (Read 19307 times)

donator
Activity: 588
Merit: 500
June 17, 2012, 04:27:20 PM
#59
No, I just sent 0.5BTC to myself, as my contribution. Use the total received on that page as your guide. Why are you asking? Do you want to donate Cheesy ?

Did the first donator ask for his 0.50 BTC back ? Or was that just you yourself who had put in something to get this started ?

If so, why did you take it out ?
hero member
Activity: 868
Merit: 1000
June 17, 2012, 04:20:54 PM
#58
Did the first donator ask for his 0.50 BTC back ? Or was that just you yourself who had put in something to get this started ?

If so, why did you take it out ?
donator
Activity: 588
Merit: 500
June 17, 2012, 01:13:36 PM
#57
Thank you! I added your user to the donors list.

Sent 0.25 BTC

Transaction ID: 5007f7729edede1e3878927980f2072e150d0d1b43199ab06b4fd09527b6be3e
member
Activity: 65
Merit: 10
June 17, 2012, 01:12:12 PM
#56
Sent 0.25 BTC

Transaction ID: 5007f7729edede1e3878927980f2072e150d0d1b43199ab06b4fd09527b6be3e
hero member
Activity: 770
Merit: 502
June 17, 2012, 11:32:23 AM
#55
Thanks a lot. If you don't mind I will put your user name in the first thread as a donor.

I will pop off a high donation after my loans are paid. After my loans are paid I have a few more donations to toss to other ppl as well. If I do one donation, I will have to pop off donations to others, I cannot do that atm. It'll put me in the hole. hope you understand.

Ima pay my donations now. I'll grab some more moneypaks when possible + with my mining, I will be ahead as I am ahead now.

Sent .1 BTC.

Yea, go for it. np. thnx Smiley
donator
Activity: 588
Merit: 500
June 17, 2012, 11:29:46 AM
#54
Thanks a lot. If you don't mind I will put your user name in the first thread as a donor.

I will pop off a high donation after my loans are paid. After my loans are paid I have a few more donations to toss to other ppl as well. If I do one donation, I will have to pop off donations to others, I cannot do that atm. It'll put me in the hole. hope you understand.

Ima pay my donations now. I'll grab some more moneypaks when possible + with my mining, I will be ahead as I am ahead now.

Sent .1 BTC.
legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
June 17, 2012, 11:13:31 AM
#53

I have been unable to find an official announcement from Butterfly Labs that is both credible and verifiable. Can you please provide a URL hosted on their domain with the appropriate news announcement?

Until then, I would urge caution with regards to this Internet rumor whose veracity is in question with an unverified source as it may be a hoax aimed at causing people to devalue their mining shares/bonds, equipment, etc. in an attempt to get them to sell them at a lower price.

Also, someone should let Butterfly Labs know about the press release since if someone is using their name without their consent then Butterfly Labs may want to proceed with legal action as there are several actionable torts if that is the case.

This is correct.  We need official confirmation first. 

D
hero member
Activity: 770
Merit: 502
June 17, 2012, 10:53:11 AM
#52
I will pop off a high donation after my loans are paid. After my loans are paid I have a few more donations to toss to other ppl as well. If I do one donation, I will have to pop off donations to others, I cannot do that atm. It'll put me in the hole. hope you understand.

Ima pay my donations now. I'll grab some more moneypaks when possible + with my mining, I will be ahead as I am ahead now.

Sent .1 BTC.
donator
Activity: 588
Merit: 500
June 17, 2012, 10:49:02 AM
#51
It will be much appreciated. First donors will have priority for buying shares.

Waiting for a weekly pay-out, probably tonight....

Then I will donate 1 BTC
hero member
Activity: 868
Merit: 1000
June 17, 2012, 10:46:17 AM
#50
Waiting for a weekly pay-out, probably tonight....

Then I will donate 1 BTC
donator
Activity: 588
Merit: 500
June 17, 2012, 10:43:55 AM
#49
Please donate if you can and like the idea. Even 0.1BTC will help.
hero member
Activity: 770
Merit: 502
June 17, 2012, 10:42:07 AM
#48
I will probably buy into this. Once it comes out.

3 bucks for 100 shares = 100 Mhash/s. Maybe even more. Good stuff.
donator
Activity: 588
Merit: 500
June 17, 2012, 10:32:26 AM
#47
This or we can pay dividents, or whatever the majority decides.

I asked Patrick and at least 500BTC can stay with him for awile, bringing in 1% weekly.

Thank you.

That works out well.

500 coins @ 1% compounded weekly would earn approx 115 coins in six months (52% APR =  common ratio ~ 1.52 converted to six months (1.52^0.5)~1.23)  6 month interest =  (1.23 * 500 = 615))

I believe one can assume at least six months before an order can be placed.

115 coins using $6.50 (USD) per BTC (conservative calculation - BTC will almost certainly be at a higher exchange rate) =  $747.50. More than half way to a SC single just in interest, before the first unit is ordered.

So, assuming more than 500 BTC and the exchange rate will rise above $6.50 (USD), it is conceivable to gain 40 GH (SC Single) before mining even begins.  Smiley
legendary
Activity: 1064
Merit: 1000
June 17, 2012, 10:25:52 AM
#46
I asked Patrick and at least 500BTC can stay with him for awile, bringing in 1% weekly.

Thank you.

That works out well.

500 coins @ 1% compounded weekly would earn approx 115 coins in six months (52% APR =  common ratio ~ 1.52 converted to six months (1.52^0.5)~1.23)  6 month interest =  (1.23 * 500 = 615))

I believe one can assume at least six months before an order can be placed.

115 coins using $6.50 (USD) per BTC (conservative calculation - BTC will almost certainly be at a higher exchange rate) =  $747.50. More than half way to a SC single just in interest, before the first unit is ordered.

So, assuming more than 500 BTC and the exchange rate will rise above $6.50 (USD), it is conceivable to gain 40 GH (SC Single) before mining even begins.  Smiley
donator
Activity: 588
Merit: 500
June 17, 2012, 09:05:35 AM
#45
I asked Patrick and at least 500BTC can stay with him for awile, bringing in 1% weekly.

Thank you.
sr. member
Activity: 392
Merit: 250
June 17, 2012, 04:28:22 AM
#44

I have been unable to find an official announcement from Butterfly Labs that is both credible and verifiable. Can you please provide a URL hosted on their domain with the appropriate news announcement?

Until then, I would urge caution with regards to this Internet rumor whose veracity is in question with an unverified source as it may be a hoax aimed at causing people to devalue their mining shares/bonds, equipment, etc. in an attempt to get them to sell them at a lower price.

Also, someone should let Butterfly Labs know about the press release since if someone is using their name without their consent then Butterfly Labs may want to proceed with legal action as there are several actionable torts if that is the case.

DUDE, how clearer can you get ?

Is you blind ? Stop posting rubbish. Nobody would pay $89 for an announcement to get me to sell my GPUs you conspiracy nutjob.

Official BFL post by forum account :

https://bitcointalksearch.org/topic/m.966882
https://bitcointalksearch.org/topic/m.966924

Stop the FUD. It is real all right !


I guess they just forgot to add it with the update..
Always better to just let some anon on the forums post official announcements. .
http://www.butterflylabs.com/production-update/

And of course not just anyone can post articles on yahoo...
http://news.yahoo.com/leading-sha256-hardware-manufacturer-acquires-venture-capital-funding-081026668.html
hero member
Activity: 868
Merit: 1000
June 17, 2012, 03:52:05 AM
#43
This is a very thoughtful answer and I thank you for it. I really like the name COOP Smiley

I'm not ready to risk people money, on soon worthless investments, like the actual mining bonds. We can always, if the investors agree, place the funds in 1% guaranteed deposits offered by Patrik or Hashking.
I will do all the work for free for the first unit and I will invest 300BTC myself.


If you were to go that route, then it might be an idea to not distribute any dividends on those deposited funds, but instead using them to buy extra Jalapenos or, if it takes a long time between IPO and the possibility to pre-order, perhaps even the 40 GH/s miner.... depends on what the majority of investors want, obviously
hero member
Activity: 532
Merit: 500
June 17, 2012, 01:15:08 AM
#42
Peeople are not really investing heavily in pre-order mining operations - they're investing in runningmining operations.

There's really no way I'd consider investing in BFL's shipping promises again.
donator
Activity: 588
Merit: 500
June 16, 2012, 10:22:04 PM
#41
hero member
Activity: 686
Merit: 500
Wat
June 16, 2012, 10:14:20 PM
#40
I agree with dreamwatcher.

Raise the money now and invest it in bonds or shares, particularly those that have BFL hardware so the bonds wont be worthless because they can upgrade, or just choose a fund that can manage the investment like MU or DeadTerra's fund.

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