ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1200.

ThickAsThieves

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Quote from: MrJMassey on April 08, 2013, 11:16:44 PM

What is the cutoff time for acquiring new shares for the Burnside ASICMINER-PT to still receive dividends for that week?

J.

Up until the moment the div payment clears from AM, and til Burnside initiates the dividend. So Wednesday morning, roughly.

MrJMassey

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What is the cutoff time for acquiring new shares for the Burnside ASICMINER-PT to still receive dividends for that week?

J.

Rodyland

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Quote from: MrJMassey on April 08, 2013, 09:37:46 PM

You hit the nail on the head. That's exactly what I'm talking about. And you're likely right about the PT instead of ASICMINER thing. I'm just curious and also new to the whole bitcoin thing, so I figured it would be better to ask risk being flamed than to just not know.

Can't say for futures on dividends, but there are certainly options on shares on btct.co. Range and liquidity (and value IMO) are pretty poor though.

MrJMassey

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Quote from: Rodyland on April 08, 2013, 08:45:56 PM

Quote from: MrJMassey on April 08, 2013, 08:03:12 PM

Quote from: Rodyland on April 08, 2013, 07:33:02 PM

Quote from: MrJMassey on April 08, 2013, 07:06:03 PM

I'm curious, is it possible for ASICMINER to issue futures contracts?

J.

Futures contracts over/against what?

I was thinking future Bitcoin delivery...

Sounds more like something more suitable for an exchange-based PT than for ASICMINER itself to deal with.

Is an interesting idea, not sure if it has legs. Effectively an asicminer share is a futures contract against all future dividend payments from asicminer. And you're talking about buying (or selling), say, the next 6 months of dividend payments? (as an example).

You hit the nail on the head. That's exactly what I'm talking about. And you're likely right about the PT instead of ASICMINER thing. I'm just curious and also new to the whole bitcoin thing, so I figured it would be better to ask risk being flamed than to just not know.

ThickAsThieves

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Could someone link me to where Friedcat discusses issuing test units to board members? What is the latest news on that?

I'm having trouble finding the info...

Rodyland

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Quote from: MrJMassey on April 08, 2013, 08:03:12 PM

Quote from: Rodyland on April 08, 2013, 07:33:02 PM

Quote from: MrJMassey on April 08, 2013, 07:06:03 PM

I'm curious, is it possible for ASICMINER to issue futures contracts?

J.

Futures contracts over/against what?

I was thinking future Bitcoin delivery...

Sounds more like something more suitable for an exchange-based PT than for ASICMINER itself to deal with.

Is an interesting idea, not sure if it has legs. Effectively an asicminer share is a futures contract against all future dividend payments from asicminer. And you're talking about buying (or selling), say, the next 6 months of dividend payments? (as an example).

MrJMassey

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Quote from: Rodyland on April 08, 2013, 07:33:02 PM

Quote from: MrJMassey on April 08, 2013, 07:06:03 PM

I'm curious, is it possible for ASICMINER to issue futures contracts?

J.

Futures contracts over/against what?

I was thinking future Bitcoin delivery...

Franktank

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AM hashing now at 7.21 Th/s.

The Fire Rises!!

Rodyland

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Quote from: MrJMassey on April 08, 2013, 07:06:03 PM

I'm curious, is it possible for ASICMINER to issue futures contracts?

J.

Futures contracts over/against what?

MrJMassey

newbie

Activity: 28

Merit: 0

I'm curious, is it possible for ASICMINER to issue futures contracts?

J.

burnside

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Lead Blockchain Developer

Quote from: puck2 on April 08, 2013, 06:32:43 PM

Quote from: vortex1878 on April 08, 2013, 06:25:06 PM

Quote from: ninjarobot on April 08, 2013, 05:47:44 PM

Would it be possible for ASICMINER to issue a stock dividend instead of weekly BTC payments?

1. Impossible as there are only full shares. How would the payout of decimals work?

2. Not required. Feel free to by (PT-)shares from your dividend.

Bitfunder even has dividend reinvestment option for G.ASICMINER-PT (https://bitfunder.com/asset/G.ASICMINER-PT).

Yup, both sites with PT's have dividend re-investment. Hit "Portfolio", "My Dividends" if you're using btct.co. Very handy.

Cheers.

puck2

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Quote from: vortex1878 on April 08, 2013, 06:25:06 PM

Quote from: ninjarobot on April 08, 2013, 05:47:44 PM

Would it be possible for ASICMINER to issue a stock dividend instead of weekly BTC payments?

1. Impossible as there are only full shares. How would the payout of decimals work?

2. Not required. Feel free to by (PT-)shares from your dividend.

Bitfunder even has dividend reinvestment option for G.ASICMINER-PT (https://bitfunder.com/asset/G.ASICMINER-PT).

vortex1878

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Quote from: ninjarobot on April 08, 2013, 05:47:44 PM

Would it be possible for ASICMINER to issue a stock dividend instead of weekly BTC payments?

1. Impossible as there are only full shares. How would the payout of decimals work?

2. Not required. Feel free to by (PT-)shares from your dividend.

puck2

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Quote from: ineededausername on April 08, 2013, 06:03:05 PM

It's not mid-April yet, guys. Wait for it patiently.

I almost got burned by Tom/bitcoinASIC, so now I'm twitchy. I trust friedcat but patience comes hard these days.

ineededausername

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bitcoin hundred-aire

Quote from: puck2 on April 08, 2013, 05:57:39 PM

Quote from: nebulus on April 08, 2013, 05:52:59 PM

Quote from: perseus on April 08, 2013, 12:57:37 PM

Any updates from friedcat on how deployment of the 50 TH is going?

Yeah, spill the beans... damn it... Tongue

Unless Bitfountain has gone anonymous on Ozcoin, it ain't there... and user 67117 at BTCguild is back down to 7,068Gh/s... but maybe new deployment is at yet-to-be-named pools. or even solo?

It's not mid-April yet, guys. Wait for it patiently.

puck2

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Quote from: nebulus on April 08, 2013, 05:52:59 PM

Quote from: perseus on April 08, 2013, 12:57:37 PM

Any updates from friedcat on how deployment of the 50 TH is going?

Yeah, spill the beans... damn it... Tongue

Unless Bitfountain has gone anonymous on Ozcoin, it ain't there... and user 67117 at BTCguild is back down to 7,068Gh/s... but maybe new deployment is at yet-to-be-named pools. or even solo?

Franktank

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Quote from: ninjarobot on April 08, 2013, 05:47:44 PM

Would it be possible for ASICMINER to issue a stock dividend instead of weekly BTC payments?

At this time, I do not see that being a possibility. They would need an official exchange for that to occur and there is the issue of share dillution/distribution of the BitFountain portion. From what I've heard, there may be future share sales from AM in cases of quick funds for R&D or expansion. Don't expect it anytime soon. Check the auction subforum or passthroughs to acquire more.

nebulus

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... it only gets better...

Quote from: perseus on April 08, 2013, 12:57:37 PM

Any updates from friedcat on how deployment of the 50 TH is going?

Yeah, spill the beans... damn it... Tongue

SebastianJu

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Legendary Escrow Service - Tip Jar in Profile

Quote from: ninjarobot on April 08, 2013, 05:47:44 PM

Would it be possible for ASICMINER to issue a stock dividend instead of weekly BTC payments?

Why? I mean they would give away shares they own and would further have to pay dividends for these shares to others. But friedcat anyway already said that they will use the shares they own above the 200000 shares to give them to employees and similar.

ninjarobot

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Mine Silent, Mine Deep

Would it be possible for ASICMINER to issue a stock dividend instead of weekly BTC payments?

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1200. (Read 3917543 times)