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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1155. (Read 3917058 times)

sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
If that is the case then it makes things slightly more equal (outside of the btct.co withdrawal fee and discount to 0.5% sale on BitFunder based on trading volume). But I guess let's the market decide. Grin

I still don't get how you come up with 0,25% to 0,5% with BF. There's a 0,5%-1% fee on sales, so a flip will include that no matter if the buy is 0%. They say in the FAQ that if you are a day trader, you can get the fees down as low as 0.25%, but for most small to medium investors, that's not going to be an option.

Do a ฿100 buy and sell, regardless of time span, and you'll be out between ฿0.5 and ฿1 on Bitfunder, but always ฿0.4 on BTCT. I can't see how that's even; BF is at best 25% more expensive and at worst 150% more expensive.

.b

member
Activity: 87
Merit: 10
The dividend fee is scheduled to be removed completely, according to burnside, and would in any case apply to the whole market, not individual owners. In other words, the 10,000 fee of 0.5% would have been for the entire market, not just individual holder of more than 10,000 shares.

.b

If that is the case then it makes things slightly more equal (outside of the btct.co withdrawal fee and discount to 0.5% sale on BitFunder based on trading volume). But I guess let's let the market decide. Grin
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
For btct.co, it's a 0.2% buy fee (with 2FA), 0.2% sale fee (with 2FA), bitcoind withdrawal fee (can be up to 0.0025 BTC) and eventual dividend fee (0.5% to 3%).

The dividend fee is scheduled to be removed completely, according to burnside, and would in any case apply to the whole market, not individual owners. In other words, the 10,000 fee of 0.5% would have been for the entire market, not just individual holder of more than 10,000 shares.

.b
member
Activity: 87
Merit: 10
Prob a lot to do with the high threshold of investing on bitfunder vs. btctc. A lot of new people flooding to snag a few ASICMINER-PT right now as hash rate booms and auctions happen every week Smiley I myself am in it for the long haul due to the kickass dividend.

Higher threshold if someone is a buy and flipper, but lower if they are a buy and holder and reinvest dividends as there is no fee now or any planned for the future for dividends on BitFunder. And as mentioned, once you clear the threshold of 250 shares you can just transfer them to non-passthrough shares (to auction) or over to btct.co (0.2% sale fee + bitcoind transaction fee).

EDIT: Did the math.
For BitFunder, it's a 0% buy fee, 1% to 0.5% sale fee (depending on trade volume), no withdrawal fee.
For btct.co, it's a 0.2% buy fee (with 2FA), 0.2% sale fee (with 2FA), bitcoind withdrawal fee (can be up to 0.0025 BTC) and eventual dividend fee (0.5% to 3%).
So for a buy and sell on BitFunder it's essentially averages out to 0.25% to 0.5% per buy and sell. On btct.co, it's to 0.4% per buy and sell. Almost a wash. But add the withdrawal fee and eventual dividend fee on btct.co or if you have higher trading volume then BitFunder comes out ahead.
sr. member
Activity: 476
Merit: 250
I dunno why there's a couple of sell walls on bitfunder.  Those owner could have (> 250 shares) transfer their shares to btct, where the fees are lower (if you are selling) and better prices.
yeah, I was wondering about that, too.  I guess it might take a while to transfer like that, but they could probably sell for 10% more.
hero member
Activity: 756
Merit: 500
I dunno why there's a couple of sell walls on bitfunder.  Those owner could have (> 250 shares) transfer their shares to btct, where the fees are lower (if you are selling) and better prices.
full member
Activity: 224
Merit: 100
we still have a big 1.20 wall on bitfunder.

Well, there's your problem... :-P

.b

so, if you want cheap AM shares, come to bitfunder...

Yeah, looks like BitFunder has a greater % of people who got in early on ASICMINER and want to cash out some. Also no fees to buy on BitFunder vs. btct.

Prob a lot to do with the high threshold of investing on bitfunder vs. btctc. A lot of new people flooding to snag a few ASICMINER-PT right now as hash rate booms and auctions happen every week Smiley I myself am in it for the long haul due to the kickass dividend.
member
Activity: 87
Merit: 10
we still have a big 1.20 wall on bitfunder.

Well, there's your problem... :-P

.b

so, if you want cheap AM shares, come to bitfunder...

Yeah, looks like BitFunder has a greater % of people who got in early on ASICMINER and want to cash out some. Also no fees to buy on BitFunder vs. btct.
sr. member
Activity: 406
Merit: 250
Holy crap! They are rolling out blades like nobody's business. Current hash rate on BTC Guild: 8,788.24 GH/s

I can't imagine what trouble it is to manage 900+ blades with 73kW power consumption. And that's only beginning
full member
Activity: 224
Merit: 100
Holy crap! They are rolling out blades like nobody's business. Current hash rate on BTC Guild: 8,788.24 GH/s
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
we still have a big 1.20 wall on bitfunder.

Well, there's your problem... :-P

.b

bad for one, good for others.... Though i dont think it will stop there till next dividend payment...
sr. member
Activity: 476
Merit: 250
we still have a big 1.20 wall on bitfunder.

Well, there's your problem... :-P

.b

so, if you want cheap AM shares, come to bitfunder...
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
we still have a big 1.20 wall on bitfunder.

Well, there's your problem... :-P

.b
sr. member
Activity: 476
Merit: 250
Share price broke down the 1.30 wall.

http://youtu.be/UtKADQnjQmc

.b
we still have a big 1.20 wall on bitfunder.
full member
Activity: 163
Merit: 100
Share price broke down the 1.30 wall.

http://youtu.be/UtKADQnjQmc

.b


More importantly, 8,700 GH/s and counting on BTCGuild.

sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
Share price broke down the 1.30 wall.

http://youtu.be/UtKADQnjQmc

.b
legendary
Activity: 1288
Merit: 1227
Away on an extended break
How about adding:
- D27="Estimated Per Share"
- E27=E26/400000

Would make it easier visually. And could grab it via google apps api Smiley
I did that before I deleted it, but due to clarity reasons I removed it. (as ASICMiner divs aren't really pertaining to that auction.  Smiley )
I had a ton of PM's wondering what on earth is that.
hero member
Activity: 924
Merit: 1001
Unlimited Free Crypto
How about adding:
- D27="Estimated Per Share"
- E27=E26/400000

Would make it easier visually. And could grab it via google apps api Smiley
sr. member
Activity: 392
Merit: 250
♫ A wave came crashing like a fist to the jaw ♫
Any updated info on the usb miners?

According to friedcat's latest update, they should be 'ready' next week (as in sometime after tomorrow) but no further details on what 'ready' means.

.b

Thanks furuknap, I am waiting anxiously like everybody else!
legendary
Activity: 1288
Merit: 1227
Away on an extended break
The estimated dividend increase from the current ASICMiner sale is now calculated automatically!
See: https://docs.google.com/spreadsheet/ccc?key=0AiYcEqkgyjc_dEM5Z19DdUxzV3VBVjlvcVBQTFNOYmc#gid=0
Current estimated increase per share: 0.00389625 BTC
Removed the count from the sheet for clarity, but I'll still update here.  Tongue
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