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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1018. (Read 3917058 times)

legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
Well Updated the Facebook page Smiley
Going to have to add some celebration pics later hehe  Grin
hero member
Activity: 491
Merit: 500
sr. member
Activity: 336
Merit: 250
This is crazy! .5 BTC per each 35 BTC invested today. The dividend is extreme in this fund. Thats 2 BTC per month it this hold, thats...CRAZY. This is the Rio Tinto of Bitcoin for sure.
Better than Rio Tinto. Nice example though.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
New Record  Grin
Hmm 75% APR now from 50 sexy
member
Activity: 75
Merit: 10
I love AM dividend day...



Ye. Wednesday has become the best day in the week
full member
Activity: 173
Merit: 100
sr. member
Activity: 476
Merit: 250
I love AM dividend day...

sr. member
Activity: 381
Merit: 255
This is crazy! .5 BTC per each 35 BTC invested today. The dividend is extreme in this fund. Thats 2 BTC per month it this hold, thats...CRAZY. This is the Rio Tinto of Bitcoin for sure.
legendary
Activity: 1176
Merit: 1001
CryptoTalk.Org - Get Paid for every Post!
full member
Activity: 172
Merit: 100
I guess I shouldn't have sold my AM shares to buy BFL pre-orders...  Tongue
Oops.

/strikes again!



I almost spit out my coffee when I saw this...freaking Brian
sr. member
Activity: 476
Merit: 250
I guess I shouldn't have sold my AM shares to buy BFL pre-orders...  Tongue
Oops.

/strikes again!

I know it! 

no, I could never sell my shares, I take every opportunity to buy more AM shares.  It was a joke about what someone was saying earlier today that we should sell shares cause BFL is shipping orders to people who have been waiting for a year. 

I like making money, therefore I own AM shares.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
I guess I shouldn't have sold my AM shares to buy BFL pre-orders...  Tongue
Oops.

/strikes again!

sr. member
Activity: 476
Merit: 250
I guess I shouldn't have sold my AM shares to buy BFL pre-orders...  Tongue
legendary
Activity: 980
Merit: 1008
I don't think it's sensible to reduce prices now if people are paying 50 BTC per Blade. Wait until demand has dried out at that price and adjust prices quickly and aggressively.
You assume that lowering the price will result in the same amount of sales. In reality lowering price usually increases sales as demand and supply match again after changes. Selling 200 blades at 30BTC is more than 100 blades at 50BTC. Another point here is better ROI for buyers, as they are more likely to buy more hardware in the future if they manage to make some BTC. At current prices it's very likely some buyers may not get back their investment which will be disappointing for them and will kill the desire to buy more hardware in the future.

Lowering price in steps dynamically can increase total revenues as opposed to waiting for demand to "dry out". In case of waiting for it to dry out total revenues may plunge to a point where only a handful of blades are sold per week.

Taking into account that producing hardware costs very little, lowering price dynamically in steps according to competition and price trends results in better total revenues.

I'm not saying when and what should be done, I believe they at AM know what to do, this is just a comment for thread readers who speculate AM strategies.
I agree with this. I corrected myself in a subsequent post. ASICMiner should definitely try to maximize profits from hardware sales by executing auctions at regular intervals, to gauge the market price.

But this also depends on how many Blades they can actually manufacture.

In any case, I have faith in friedcat and his team, and that they are aware of this.
sr. member
Activity: 644
Merit: 250
i hold shares on bitfunder and normally get them on friday,
nice to see every week same ol story - where my divs@

At what point in time one has to have BitFunder Pass Through shares to get divs? Is it when dividends are paid from AM or when dividents are paid inside of BitFunder?

The latter
member
Activity: 126
Merit: 11
i hold shares on bitfunder and normally get them on friday,
nice to see every week same ol story - where my divs@

At what point in time one has to have BitFunder Pass Through shares to get divs? Is it when dividends are paid from AM or when dividents are paid inside of BitFunder?
g83
sr. member
Activity: 448
Merit: 250
Super Smash Bros. Ultimate Available Now!
i hold shares on bitfunder and normally get them on friday,
nice to see every week same ol story - where my divs@
full member
Activity: 184
Merit: 100
I still did not received satoshis or divs for my direct shares. Anyone with same problem? Do we have some transactions stuck again or is this just me?


100 BLOCKS! We have to go through this every week with new shareholders don't we.

why don't we just say that dividend day is thursday... that way people will always think they're getting them early and will maybe stfu

This sounds like a good idea.  Cool
full member
Activity: 196
Merit: 100
I still did not received satoshis or divs for my direct shares. Anyone with same problem? Do we have some transactions stuck again or is this just me?


100 BLOCKS! We have to go through this every week with new shareholders don't we.

why don't we just say that dividend day is thursday... that way people will always think they're getting them early and will maybe stfu
hero member
Activity: 518
Merit: 500
I love this thread and I love you guys. Especially Smig's granny there Tongue.

@TAT - I'd be willing to help comb through this thread (from hereon out) to help compile a list of questions to direct towards shareholders. Could easily set up a simple webapp where people submit questions and we can post the reply's/answers to them. Or a simple forum post if that would be preferable. Want me to PM you or did you already get a few people onboard?

pm me and FrankTank, we'll get this thing started
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