Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1028. (Read 3917568 times)

If #2 is true, it may make prices and trading more transparent as most trading will be done via public exchanges, but does nothing to increase the earning power / share.  After all, shares are not being cancelled, still a pie with 400000 slices.  However, it does represent management's outlook of the business.

Random interjection is random.

Everyone, please stop dominating your discussion and, more importantly, your thinking in USD. Thus is a Bitcoin operating operating in China that is minting bitcoins by mining and selling hardware globally.

Mine are in there, as I mentioned earlier. I expect that all of Burnside's and DeadTerra's are in there as well.

There are only two likely answers:

1. There is a pool of shareholders that are paid from a 2nd address.
2. Bitfountain/AM have bought back shares.

If #2 is true, this changes the whole outlook for the current market price, meaning that most of the public shares are already in circulation on the passthroughs, and that there are very few "direct" shares left to buy. If this is true, it would be great for price stability, and possibly lead to an increase in value for all shares.

This is something I would love to hear Friedcat chime in on.

On that note, I think someone should compile a list of FAQ from shareholders that have gone unanswered. This list should be have no more than 3 questions at a time, and be posted in some kind of clear, concise way here, and in a pm to Friedcat. We should not waste his time with bullshit requests, but real relevant questions would be nice.

Discuss!

Hope you'll find time to elaborate.


TAT already mentionned his address was in the listing.

At least missing the 21516 that BTC Trading Co claims they have. That's a good place to start.

Not to mention all the TAT shares they have.

Assuming your computations are correct, we could do this every weeks. Maybe it would make it clear that AM is steadily buying back shares or any other surprising fact.

EDIT: 100th post!! 

I agree, but currently we are under the impression that 400,000 shares exist, and >160,000 but <200,000 are in "public" hands.  I know someone knows the real number of shares held publicly... but I am trying to verify it.

Whatever way you slice it... I should be able to account for more then 64,469 shares, and yet I am unable.

Friedcat would probably not send dividend confirmations for any shares owned by either ASICMiner or BitFountain. I mean, why would he (they)?

What is the red box under each transaction showing? Is it the difference between the input and the output excluding change, in which case, adding those up comes to about 384k?

I don't want to derail the current discussion started by aahzmundus, but I have a quick question.

I"m curious how you derive the hashrate on your site (which is amazing, by the way.)

I have no interest in doing this myself, I'm just curious how it works. Is it some sort of factor of difficulty and blocks per hour?

Ian

Edit -- Nevermind, I found a good explanation here: https://en.bitcoin.it/wiki/Difficulty

Mine is there.

try to use actual dividend payments, not satoshis.

Lets get back on this topic...

The number of shares held by the public... looking through the blockchain at satoshi transactions I can only account for 64,469 shares... where are the others?  Did I miss some? Are some shares not handled the same way as these? Did friedcat buy back some shares and we have yet to discover this?  Were there never actually more then this many shares sold and we were wrong all along?

Info taken from transactions on 5/29/2013 such as this transaction https://blockchain.info/tx/2f161bac1ef4c5dc09168de36a7c7c80a7d0ac236ec1e29a25c825d5c3a6ed7e and the other 5 like it (total of 6).

https://docs.google.com/spreadsheet/ccc?key=0Am3MH7b0EM3adG56N1VzZzdtNXRZSkdOOXcxbGx0TXc&usp=sharing

Some basic information... From what I know all public holders of shares are paid one satoshi per share before dividends from 115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF.  By looking at all transactions from that address on a dividend day, I should be able to account for all publicly held shares and figure out what addresses own how many shares and track movement.  PT shares derive through publicly held shares (often called direct shares) so even though some people would not be represented here themselves... the PT should be listed and the pt share holders will be under that.  TAT confirmed his address was already listed here in my sheet.

Are my assumptions wrong?  Did I fuck up and miss a transaction in this spreadsheet?  Is YOUR dividend address listed? Or.. is something else going on.  If everyone reading this thread just checked to see if they see their address listed in my spreadsheet, we could quickly figure out if the mistake is on my end (which i assume is the case)...  If you do NOT see yours listed... link me to the transaction that includes your satoshies for 5/29.

You sir are a rock star.  Thank you.

A bit of shameless promotion

Is there a site or post somewhere that shows the total that has been paid in dividends and at what point dividends exceeded .1 btc / share?

Yes, seriously this is actually pretty hilarious:

WHICH WEBSITE IS THE LEGIT ASIC COMPANY AND WHICH IS THE TOTAL SCAM?

https://cryoniks.com

http://www.bitfountain.com

As long as ASICMINER mining around 20% of Btc and they pay out dividends, I do not really care about whether it owns the domains asicminer.com/net  or not...Additionally, Some scams have very professional website and 24/HR customer hotline...

I dunno, a fried cat sounds like at least one life has already been lost.