It's unlikely, that China takes a position against Bitcoin, since USA and Europe are already trying to stop BTC.
It's an opportunity for China to be an "early adopter" on gov. level and gain another advantage over the slow
and technophobe western countries.
Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1062. (Read 3917543 times)
Given the text on the title of the reddit post ("ASICMiner shares in danger.") and the age of the poster's account, this sure feels like a FUD campaign to push the price down a bit. Don't fall for it. 
The ugly truth is that it seems that email was sent to Piuk, the Blockchain.info operator. Source: https://bitcointalksearch.org/topic/m.2243603
Given the text on the title of the reddit post ("ASICMiner shares in danger.") and the age of the poster's account, this sure feels like a FUD campaign to push the price down a bit. Don't fall for it.
Not that it proves anything, but that user was created in reddit less than an hour ago. I'd like more credible evidence before attaching any weight to it; until then it's just a rumor.
Can someone somehow track this guy down?
Sure, it is the same guy that has order on 2500 shares for ฿ 0.002
Not that it proves anything, but that user was created in reddit less than an hour ago. I'd like more credible evidence before attaching any weight to it; until then it's just a rumor.
Can someone somehow track this guy down?
Not that it proves anything, but that user was created in reddit less than an hour ago. I'd like more credible evidence before attaching any weight to it; until then it's just a rumor.
What's the average ROI of the shares?
Hey guys I just posted a video on ASICMiner Solo mining and why the dividends were withheld Any feedback is much appreciated
http://youtu.be/1jV2enKmhXE
Any feedback is much appreciatedhttp://youtu.be/1jV2enKmhXE
Oh, someone created a new reddit account to post this. Hm, that makes sense.
This is complete bullshit. It's just someone who wants to manipulate the price. Come on!! Blocking SMS to stop bitcoin? Customer service of twillo informing about political details???
Interesting, but needs confirmation.
And keep in mind that the same could be said about the US government, the EU, etc.
Generally speaking, governments aren't too keen on Bitcoin. No news here.
With AM in China, this is more exposure of course. Those who want to mitigate the risk may sell parts of their assets to buy something else (I mentioned BASIC-MINING a few pages ago, but this was almost interpreted as a troll). But I wouldn't sell more than 25% of my AM shares, even during a sell-off.
Emotional decisions are often the wrong ones. So hold your shares, especially during a selloff I would say.
First Selloff since weeks ago...
I'm not sure on the crackdown, btcchina platform seems to be up. There are still post in the Chinese section of the forum.
It seems the TV in China is still reporting about BTC as of last week.
Those would be easy target if a wide crackdown is in place.
It seems the TV in China is still reporting about BTC as of last week.
Those would be easy target if a wide crackdown is in place.
Trouble? Anyone knows more or is this only a overcautious company?
Source: https://bitcointalksearch.org/topic/m.2243603
Interesting message from twilio this morning:
Not sure if this is the official state opinion. But as a consequence we can no longer send SMS messages to users in China.
Quote
Hi Ben,
We got further information from our carrier confirming that business such as bitcoin is not a proper financial tool in China and the Authority may treat bitcoin as an illegal business. Unfortunately the China Telecom Authority has requested that all bit-coin traffic to China be blocked.
As the provider of the phone number, Twilio is responsible for assuring the carriers that no more traffic related to bitcoin will be sent to China. Therefore, I have removed your international SMS permission to China. Please do not turn this on or try sending SMS messages to mobile numbers in China. Doing so will very likely lead to immediate account suspension.
Again I'm sorry for the convenience. Please let me know if you have any additional questions.
Thanks,
Twilio Customer Support
We got further information from our carrier confirming that business such as bitcoin is not a proper financial tool in China and the Authority may treat bitcoin as an illegal business. Unfortunately the China Telecom Authority has requested that all bit-coin traffic to China be blocked.
As the provider of the phone number, Twilio is responsible for assuring the carriers that no more traffic related to bitcoin will be sent to China. Therefore, I have removed your international SMS permission to China. Please do not turn this on or try sending SMS messages to mobile numbers in China. Doing so will very likely lead to immediate account suspension.
Again I'm sorry for the convenience. Please let me know if you have any additional questions.
Thanks,
Twilio Customer Support
Not sure if this is the official state opinion. But as a consequence we can no longer send SMS messages to users in China.
Source: https://bitcointalksearch.org/topic/m.2243603
Any speculations about how could this effect ASICminer business ? i was about to buy more shares before i read this...
Well that does it, I will feel like an ASS if I do not donate for all the amazing stuff you have done. Thank you sir! How/What method are you using to estimate the solo hashrate? Are you going for a more accurate estimation (average over a longer time period) or more current update (shorter time period to help notice hashrate increases).
Currently I'm using the percentage of the mined blocks from the last 48h. (I used 24h before, simply because we were solomining for < 2 days ^^)
Check the last graph from www.asicminercharts.com, and zoom to the last 5 days. The hashrate from solomining fluctuates pretty much but will smoothen out by using the 48h instead of 24h average
I've asked them to fix their API on the forum a few days ago, but no reaction until now..
Code:
(2^32 * difficulty) / average_time_between_blocks = hash_rate
So if we take the timestamp of their newest block and subtract the timestamp of their first block, we get:
Code:
1369308020−1369069056 = 238964 seconds
They have mined 47 blocks in this period, so to get the average time between blocks, we divide 238964 seconds with 46:
Code:
238964 / 46 = 5194.87 seconds/block
Now we plug it into the first formula to get their average hash rate over the entire period of their solo mining:
Code:
(2^32 * difficulty) / average_time_between_blocks = hash_rate
(2^32 * 11187257.4613608) / 5194.87 = 9.249298814×10¹² = 9.25 Thash/s
(2^32 * 11187257.4613608) / 5194.87 = 9.249298814×10¹² = 9.25 Thash/s
This is what I've done with the graph on my site: http://runeks.dk/bitcoin/
It updates the every time a new ASICMiner block comes in. Currently it just tracks the all-time average (because we don't have enough data yet), but over time I will make it track a 2-day, 5-day and 10-day average:
Someone definitely wants to plummet the price on btc-tc 
I don't think so... What could be happening:
BTC/USD is moving in a positive direction, so people may be cashing out some... I cashed out some myself to pay some bills.
There are several large holders that both in public and private, are liquidating some of their holdings having seen ASCIMINER reach more of a "fair value". Some people would probably sell PT shares to buy direct shares. Myself and others prefer direct shares for a majority of their holdings, I keep maybe 10% in several PT's for liquidity and day trading.
Other people often try to buy before the DIV, get it, and sell after... and then have 6 days to mess around... I have noticed this trend before... although lately with crazy high dividends the buying tendency outpaced the buy, get div, sell crowd.
Still some others have hinted that they are indeed trying to keep the price "stable" to avoid a boom and crash. I doubt we will fall below 2.2 a share... and this 2.5 ask wall will probably be gone if next week's div appears to be as good as I hope it will be with USB sales.
I am liquidating Gamma Bitcoin Funds position to pay back the investors
The market seem to be very resilient, I have moved over 2.5k shares in less then two days and it has almost not suppressed the price at all.
//DeaDTerra
Don't take all the credit! https://bitcointalksearch.org/topic/m.2242801
I just said that the wall mentioned as mine.
//DeaDTerra
Someone definitely wants to plummet the price on btc-tc
I don't think so... What could be happening:
BTC/USD is moving in a positive direction, so people may be cashing out some... I cashed out some myself to pay some bills.
There are several large holders that both in public and private, are liquidating some of their holdings having seen ASCIMINER reach more of a "fair value". Some people would probably sell PT shares to buy direct shares. Myself and others prefer direct shares for a majority of their holdings, I keep maybe 10% in several PT's for liquidity and day trading.
Other people often try to buy before the DIV, get it, and sell after... and then have 6 days to mess around... I have noticed this trend before... although lately with crazy high dividends the buying tendency outpaced the buy, get div, sell crowd.
Still some others have hinted that they are indeed trying to keep the price "stable" to avoid a boom and crash. I doubt we will fall below 2.2 a share... and this 2.5 ask wall will probably be gone if next week's div appears to be as good as I hope it will be with USB sales.
I am liquidating Gamma Bitcoin Funds position to pay back the investors
The market seem to be very resilient, I have moved over 2.5k shares in less then two days and it has almost not suppressed the price at all.
//DeaDTerra
Don't take all the credit! https://bitcointalksearch.org/topic/m.2242801
Someone definitely wants to plummet the price on btc-tc
I don't think so... What could be happening:
BTC/USD is moving in a positive direction, so people may be cashing out some... I cashed out some myself to pay some bills.
There are several large holders that both in public and private, are liquidating some of their holdings having seen ASCIMINER reach more of a "fair value". Some people would probably sell PT shares to buy direct shares. Myself and others prefer direct shares for a majority of their holdings, I keep maybe 10% in several PT's for liquidity and day trading.
Other people often try to buy before the DIV, get it, and sell after... and then have 6 days to mess around... I have noticed this trend before... although lately with crazy high dividends the buying tendency outpaced the buy, get div, sell crowd.
Still some others have hinted that they are indeed trying to keep the price "stable" to avoid a boom and crash. I doubt we will fall below 2.2 a share... and this 2.5 ask wall will probably be gone if next week's div appears to be as good as I hope it will be with USB sales.
I am liquidating Gamma Bitcoin Funds position to pay back the investors
The market seem to be very resilient, I have moved over 2.5k shares in less then two days and it has almost not suppressed the price at all.
//DeaDTerra
Someone definitely wants to plummet the price on btc-tc
I don't think so... What could be happening:
BTC/USD is moving in a positive direction, so people may be cashing out some... I cashed out some myself to pay some bills.
There are several large holders that both in public and private, are liquidating some of their holdings having seen ASCIMINER reach more of a "fair value". Some people would probably sell PT shares to buy direct shares. Myself and others prefer direct shares for a majority of their holdings, I keep maybe 10% in several PT's for liquidity and day trading.
Other people often try to buy before the DIV, get it, and sell after... and then have 6 days to mess around... I have noticed this trend before... although lately with crazy high dividends the buying tendency outpaced the buy, get div, sell crowd.
Still some others have hinted that they are indeed trying to keep the price "stable" to avoid a boom and crash. I doubt we will fall below 2.2 a share... and this 2.5 ask wall will probably be gone if next week's div appears to be as good as I hope it will be with USB sales.
Someone definitely wants to plummet the price on btc-tc
I don't think so, it's just reacting to Jutarul's sale.
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