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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1166. (Read 3917543 times)

hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
I also bought shares in that auction, however because I bought a big chunk and I paid promptly he split me off into a separate transaction.

I can tell you that whatever happened... he is honest and is not trying to scam you I would imagine, as I did get my dividends, and I am sure he will forward you any missed dividends if he ended up still holding the shares at the time.  He has transferred at least 705 shares of his out in the last week according to the blockchain.  What address did you send to him and friedcat to receive dividands at?
hero member
Activity: 672
Merit: 501
Hmm. I bought some shares from an auction [ineededausername] and he has confirmed all share transactions have taken place. I am yet to receive mine or associated dividends. I have PM friedcat also and no reply.

any ideas?
full member
Activity: 223
Merit: 100
Can anyone elaborate why the "real" shares can't be on BTC-TC?


The exchange has to prove itself to be reliable, robust and trustworthy before AM is officially traded there.
BTC.TC seems to be on the good path towards this goal.

legendary
Activity: 1162
Merit: 1000
DiabloMiner author
Can anyone elaborate why the "real" shares can't be on BTC-TC?
Because friedcat decided to not relist shares on an exchange after GLBSE went down.

And I don't blame him. Took me a long while to get over the anger before I relisted DMC.
sr. member
Activity: 305
Merit: 250
Can anyone elaborate why the "real" shares can't be on BTC-TC?

Because the original IPO was on GLBSE and after the whole fiasco there, friedcat/bitfoundation decided to just set up their own exchange. They still have not done so (and I'm not sure they even care at this point - focus on getting hardware up and running), so the only manner of trading real shares is to email friedcat saying "I would like to transfer X shares from X address to Y address" from your email on file.

That is obviously tedious, and slower (since an Escrow might be required/wanted as well).

Thus - Passthrough's are set up. The 2 PT operators did the following:
1. Created the PT
2. Optioned the purchase of shares from large share holders (I think this was on both of them)
3. Allowed users to convert real shares to PT shares for simplicity in trading (and you can turn PT into real shares... minimum 250?).
newbie
Activity: 17
Merit: 0
Can anyone elaborate why the "real" shares can't be on BTC-TC?
Because friedcat decided to not relist shares on an exchange after GLBSE went down.
legendary
Activity: 1358
Merit: 1001
https://gliph.me/hUF
Can anyone elaborate why the "real" shares can't be on BTC-TC?
Because AM will have their own exchange... maybe... sometime.

You can transfer your "real" shares to any PT.
legendary
Activity: 1498
Merit: 1000
Can anyone elaborate why the "real" shares can't be on BTC-TC?
full member
Activity: 219
Merit: 100
Where are you seeing divs? I haven't received any on BTCT. What was the div-ex date?


We're seeing the div's on the "Privately" owned shares (the ones outside of the passthrough... couldn't think of the correct term). When there are 6 confirmations && the PT owner is free/online they send the dividends through to the users. BTCT is usually same day, and BitFunder takes 0-2 days IIRC.

Thanks!

Any benefits to holding your shares privately?

How do we know the "cutoff" - from when you must have shares, privately or in BTCT, to get paid the Div?
An Ex Div time, effectively?


Benefit of holding shares privately... in my opinion:
- Faster dividends (no passthrough delay)
- No chance of the PT owner running away (the PT owners are trustworthy based on my readings and experience with them)
- No chance of the exchange bugging out/getting hacked (I'm not a security person, so I don't even know how/if this would work or is an issue)
- I get Satoshi's to get me F5'ing this thread like crazy... or is this a con?

No idea about cutoff, you'd have to ask Friedcat about that. The satoshi's are paid out at around 8-9am PST Wednesdays. You have to have the share by that point in order to receive the dividend.

Oh, the satoshi's are used to let you know how many shares you have on that address.

The cutoff will be "has the dividend been paid yet?"  If not, cutoff has not been passed.  These exchanges and runners are not advanced enough to do ex-dividend date or any such stuff(And they probably shouldn't, as this won't become a big deal for awhile).
sr. member
Activity: 305
Merit: 250
Where are you seeing divs? I haven't received any on BTCT. What was the div-ex date?


We're seeing the div's on the "Privately" owned shares (the ones outside of the passthrough... couldn't think of the correct term). When there are 6 confirmations && the PT owner is free/online they send the dividends through to the users. BTCT is usually same day, and BitFunder takes 0-2 days IIRC.

Thanks!

Any benefits to holding your shares privately?

How do we know the "cutoff" - from when you must have shares, privately or in BTCT, to get paid the Div?
An Ex Div time, effectively?


Benefit of holding shares privately... in my opinion:
- Faster dividends (no passthrough delay)
- No chance of the PT owner running away (the PT owners are trustworthy based on my readings and experience with them)
- No chance of the exchange bugging out/getting hacked (I'm not a security person, so I don't even know how/if this would work or is an issue)
- I get Satoshi's to get me F5'ing this thread like crazy... or is this a con?

No idea about cutoff, you'd have to ask Friedcat about that. The satoshi's are paid out at around 8-9am PST Wednesdays. You have to have the share by that point in order to receive the dividend.

Oh, the satoshi's are used to let you know how many shares you have on that address.
legendary
Activity: 1498
Merit: 1000
Where are you seeing divs? I haven't received any on BTCT. What was the div-ex date?


We're seeing the div's on the "Privately" owned shares (the ones outside of the passthrough... couldn't think of the correct term). When there are 6 confirmations && the PT owner is free/online they send the dividends through to the users. BTCT is usually same day, and BitFunder takes 0-2 days IIRC.

Thanks!

Any benefits to holding your shares privately?

How do we know the "cutoff" - from when you must have shares, privately or in BTCT, to get paid the Div?
An Ex Div time, effectively?
sr. member
Activity: 322
Merit: 252
largest divident since i got the shares, 3 months ago Grin
thanks FC

Not in BTC, few months ago the dividends were more than 3x higher Wink

In € or $ maybe..
In €/$ it was higher 2 weeks ago, about $250 / BTC


(Today's dividend was equal to the IPO share price in $/€  Cool)
hero member
Activity: 607
Merit: 500
largest divident since i got the shares, 3 months ago Grin
thanks FC
full member
Activity: 167
Merit: 100
Got my dividend from btct
sr. member
Activity: 406
Merit: 250
Any updates on the hash rate increase this week? Grin

I am hoping we get a full update from friedcat tomorrow or Friday. 

Yeah, last week's update was really small.
full member
Activity: 236
Merit: 100
www.bitcoingem.com
Any updates on the hash rate increase this week? Grin

I am hoping we get a full update from friedcat tomorrow or Friday. 
full member
Activity: 224
Merit: 100
dividends are flowing in :-)

0.00773063 BTC per share

AM beats the street's expectations again!   Cool



'The Street' being 6 people in this thread. Smiley I kid, I kid! I also enjoy a small ownership of the PT shares and couldn't be happier. Well run, high dividend BTC shares are few and far between.
legendary
Activity: 1288
Merit: 1227
Away on an extended break
Any updates on the hash rate increase this week? Grin
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
dividends are flowing in :-)

0.00773063 BTC per share

AM beats the street's expectations again!   Cool

sr. member
Activity: 305
Merit: 250
Where are you seeing divs? I haven't received any on BTCT. What was the div-ex date?


We're seeing the div's on the "Privately" owned shares (the ones outside of the passthrough... couldn't think of the correct term). When there are 6 confirmations && the PT owner is free/online they send the dividends through to the users. BTCT is usually same day, and BitFunder takes 0-2 days IIRC.
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