ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1078.

Maciek

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Activity: 254

Merit: 100

Quote from: bobboooiie on May 21, 2013, 05:18:46 AM

Quote from: bitcoinmarksix on May 21, 2013, 12:15:16 AM

Quote from: romerun on May 21, 2013, 12:08:14 AM

can somebody tell me how can I transfer my direct shares into BTCT to sell at that funny price

Just PM friedcat , He will deal with it.

Really? this is kinda insane if true, he is already dealing with so much and people must be bombarding him with PMs and emails etc how can he possibly handle all this and not have someone to take care of that part of a busines

You need to PM PT operator (burnside, deadterra) not the Friedcat.

bobboooiie

hero member

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Quote from: bitcoinmarksix on May 21, 2013, 12:15:16 AM

Quote from: romerun on May 21, 2013, 12:08:14 AM

can somebody tell me how can I transfer my direct shares into BTCT to sell at that funny price

Just PM friedcat , He will deal with it.

Really? this is kinda insane if true, he is already dealing with so much and people must be bombarding him with PMs and emails etc how can he possibly handle all this and not have someone to take care of that part of a busines

freedomno1

legendary

Activity: 1806

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Learning the troll avoidance button :)

Quote from: amonymous on May 21, 2013, 04:59:08 AM

So, just made it through the 270+ pages of this thread.

I bought ASIC around page 110 at 1.6 from Havelock. Current trade price 2.88.

Things I've learned:

1. Friedcat is smart. The board is just as sharp. This is important to note. It is tough to lose faith in a company when management is doing a good job.

2. Share prices have been steadily rising. This is a point of concern, as there are no companies I know of which have maintained a rise without drops. On a long enough timeline I submit that ASIC will continue to rise, but there may be bumps along the way. These bumps would be a good time to buy.

3. ASIC is the market leader, and this solo mining is an exciting venture, and is in line with the company's statement to invest and move into areas to maximize profitability, even outside just ASIC Mining.

4. The people in this thread are good at making charts.

M

Good job that's a lot of reading as they say knowledge is power

amonymous

full member

Activity: 1177

Merit: 102

So, just made it through the 270+ pages of this thread.

I bought ASIC around page 110 at 1.6 from Havelock. Current trade price 2.88.

Things I've learned:

1. Friedcat is smart. The board is just as sharp. This is important to note. It is tough to lose faith in a company when management is doing a good job.

2. Share prices have been steadily rising. This is a point of concern, as there are no companies I know of which have maintained a rise without drops. On a long enough timeline I submit that ASIC will continue to rise, but there may be bumps along the way. These bumps would be a good time to buy.

3. ASIC is the market leader, and this solo mining is an exciting venture, and is in line with the company's statement to invest and move into areas to maximize profitability, even outside just ASIC Mining.

4. The people in this thread are good at making charts.

M

stripykitteh

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Activity: 1176

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CryptoTalk.Org - Get Paid for every Post!

Quote from: msm595 on May 21, 2013, 01:35:15 AM

Here's what a test script of mine is outputting, which seems pretty reasonable given that ASICMiner's hashrate went from 20 to 14 TH/s on collective pools.

Code:

Total ASICMiner blocks in past 144: 12
Rough Network Percentage: 8.333333
Rough TH/s (hash/block * blocks): 6.673561
Rough TH/s (network hash * percent network): 6.349055

Nice work.

msm595

full member

Activity: 185

Merit: 100

Here's what a test script of mine is outputting, which seems pretty reasonable given that ASICMiner's hashrate went from 20 to 14 TH/s on collective pools.

Code:

Total ASICMiner blocks in past 144: 12
Rough Network Percentage: 8.333333
Rough TH/s (hash/block * blocks): 6.673561
Rough TH/s (network hash * percent network): 6.349055

🏰 TradeFortress 🏰

vip

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👻

Holy shit @ ASICMINER.

yay Cheesy

freedomno1

legendary

Activity: 1806

Merit: 1090

Learning the troll avoidance button :)

Well looks like that madness calmed down before round 2 begins or not either way looks like the new calm is 10-15% higher at 2.2 /2.3 from 2.0

AMuppInTime

donator

Activity: 290

Merit: 250

Someone explain the sudden jump to 2.7 we saw from 2.25: Did somebody just scoop up 200+ shares at a big markup or what?
Please let it be insider info Cheesy

matt4054

legendary

Activity: 1946

Merit: 1035

Quote from: ?? on ??

i hope you are happy at the 2.7 not the ddos

Yes I'm not happy for the DDoS of course... I'm just wondering how high it will go until speculation cools down a bit.

EDIT: and I don't like market manipulation of course (thinking of a DDoS coming along a 100+ shares bid at 2.5 on BTCT that went canceled just between two waves)

EDIT2: not canceled, but executed (my bad).

matt4054

legendary

Activity: 1946

Merit: 1035

Traded above 2.7 for a short time then BTCT DDoSed. Yay Cheesy

Dargumin

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And now I feel good about buying 124 TAT at BTC0.0206 within hours of them hitting BTC0.02 for the first time!

bitcoinmarksix

newbie

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Quote from: romerun on May 21, 2013, 12:08:14 AM

can somebody tell me how can I transfer my direct shares into BTCT to sell at that funny price

Just PM friedcat , He will deal with it.

mithrandi

member

Activity: 75

Merit: 10

Quote from: matt4054 on May 21, 2013, 12:07:14 AM

Quote from: gog1 on May 21, 2013, 12:05:22 AM

Quote from: Franktank on May 20, 2013, 11:44:35 PM

Burnside and Ukyo must be loving all the action, they're getting 0.2% and 1% of all transactions respectively...

I get the MTGOX vs BTC-E BTC/USD discount. But I really don't get major discrepency between the BTCT vs BF passthrough - however, that does allows one to profit handsomely, even double dip on the dividend on occasions.

But how do you transfer from BF to BTCT? Besides private exchanges of course Wink

The only way I see is transfering the PT shares out of BTCT, then from friedcat direct shares to BF? But is it possible the other way round?

Both passthroughs allow transfers in and out. However, the delay in this process means anyone trying to do arbitrage has a hard time, meaning the prices can drift quite far apart in the short-term before any kind of correction happens. If you keep a big enough bank of shares / funds in each exchange large enough to buffer you against the delay in transfers, you can still do it, but at these trade volumes it's a tricky proposition.

Something else to bear in mind is the volumes being traded and the size of the order book; the fact that 2 shares were traded at 3 BTC (say) does not necessarily mean that you'll be able to sell all 1000 of your shares at anywhere near 3 BTC, or that you could buy 1000 shares at 3 BTC.

romerun

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Activity: 1078

Merit: 1002

Bitcoin is new, makes sense to hodl.

can somebody tell me how can I transfer my direct shares into BTCT to sell at that funny price

matt4054

legendary

Activity: 1946

Merit: 1035

Quote from: gog1 on May 21, 2013, 12:05:22 AM

Quote from: Franktank on May 20, 2013, 11:44:35 PM

Burnside and Ukyo must be loving all the action, they're getting 0.2% and 1% of all transactions respectively...

I get the MTGOX vs BTC-E BTC/USD discount. But I really don't get major discrepency between the BTCT vs BF passthrough - however, that does allows one to profit handsomely, even double dip on the dividend on occasions.

But how do you transfer from BF to BTCT? Besides private exchanges of course Wink

The only way I see is transfering the PT shares out of BTCT, then from friedcat direct shares to BF? But is it possible the other way round?

dtown

newbie

Activity: 38

Merit: 0

Is there a better way to see how the solo mining efforts are going outside of looking here for "Newly Generated Coins?"

https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i

gog1

hero member

Activity: 756

Merit: 500

Quote from: Franktank on May 20, 2013, 11:44:35 PM

Burnside and Ukyo must be loving all the action, they're getting 0.2% and 1% of all transactions respectively...

I get the MTGOX vs BTC-E BTC/USD discount. But I really don't get major discrepency between the BTCT vs BF passthrough - however, that does allows one to profit handsomely, even double dip on the dividend on occasions.

gog1

hero member

Activity: 756

Merit: 500

Quote from: ionstorm on May 20, 2013, 10:32:12 PM

Quote from: ionstorm on May 20, 2013, 10:29:28 PM

if you sell there, buy them back on havelock at .0200 a share

make .0030/share profit

not many people know about asicminer just yet, as people learn more about it, and how it can be more profitable to hold asicminer shares than wait on an asic, the shares should rise, dividends might be low this week because of btcguild having issues, but the solo mining may however make up for that small amount of time, it looks like there is plenty of demand, so prices should be stable and continue to rise, anyone else care to explain it better than me?

I'm not sure about that, I only hear about Bitcoin in January - and did my research and very quickly see potential in ASICMINER, ought to say I love BITCOINS and ASICMINER.

Franktank

hero member

Activity: 560

Merit: 500

Burnside and Ukyo must be loving all the action, they're getting 0.2% and 1% of all transactions respectively...

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1078. (Read 3917058 times)