ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1311.

Jutarul

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Quote from: niko on October 12, 2012, 03:18:44 AM

Quote from: Jutarul on October 12, 2012, 03:08:57 AM

Technically, if friedcats prediction holds and the initial mining generates enough surplus to cover the initial investments as dividends, I don't care what the share price is. Anything is profit above that point.
The more interesting question is whether the operating profit will be enough to grow the company or whether additional financing rounds are necessary.

Hard to say without knowing everyone's J/Mhash and the fab cost. An arms race is on!

For the mining it's less the J/Mhash that counts. It's more the timing and the rate at which new GH/s can be added.
However, for the sales I agree - the J/Mhash is the selling point.

niko

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There is more to Bitcoin than bitcoins.

Quote from: Jutarul on October 12, 2012, 03:08:57 AM

Technically, if friedcats prediction holds and the initial mining generates enough surplus to cover the initial investments as dividends, I don't care what the share price is. Anything is profit above that point.
The more interesting question is whether the operating profit will be enough to grow the company or whether additional financing rounds are necessary.

Hard to say without knowing everyone's J/Mhash and the fab cost. An arms race is on!

DutchBrat

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Quote from: matauc12 on October 12, 2012, 02:37:10 AM

Quote from: markm on October 12, 2012, 02:17:24 AM

Only if you are talking about tulip bulb mainia bubble try "value".

If you own a portion of something whose actual assets/value (including so called "goodwill") goes up vastly in value, then you made that ROI.

Sounds like you just want tulips to play pump and dump with.

-MarkM-

When something is harder/more complicated to trade, the value goes down. By how much? Who knows. Bottom line, value is lower. Don't see why there is a need to argue against that.

Also you seem to talk about day trading in a derogatory manner... which I don't understand why.

That being said.... most startup companies do not IPO on an exchange but get funding from angel investors and seeding capital

Those shares are privately held until the valuation of the company is big enough to go onto an exchange

For some companies the most ROI is made during the private investor period, so when the shares can only change hands privately instead of publicly

Then they IPO the company at a high value and everyone of the first investors is happy

Jutarul

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Technically, if friedcats prediction holds and the initial mining generates enough surplus to cover the initial investments as dividends, I don't care what the share price is. Anything is profit above that point.
The more interesting question is whether the operating profit will be enough to grow the company or whether additional financing rounds are necessary.

lame.duck

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Quote from: matauc12 on October 12, 2012, 02:37:10 AM

When something is harder/more complicated to trade, the value goes down. By how much? Who knows. Bottom line, value is lower. Don't see why there is a need to argue against that.

If you can't quantify it, it's only a speculation without any proof. In fact it could be harder = more expensive to the buyer to get some shares. So it's 'obvious' that the value goes up Wink

matauc12

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Quote from: markm on October 12, 2012, 02:17:24 AM

Only if you are talking about tulip bulb mainia bubble try "value".

If you own a portion of something whose actual assets/value (including so called "goodwill") goes up vastly in value, then you made that ROI.

Sounds like you just want tulips to play pump and dump with.

-MarkM-

When something is harder/more complicated to trade, the value goes down. By how much? Who knows. Bottom line, value is lower. Don't see why there is a need to argue against that.

Also you seem to talk about day trading in a derogatory manner... which I don't understand why.

Dacm4n

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Quote from: friedcat on October 10, 2012, 11:41:15 PM

Daily Update

We have submitted the information to GLBSE, and are waiting for their responses.

Quote from: niko on October 10, 2012, 02:39:25 AM

Friedcat, would you like us to start sending you our claims (how many shares we own), in case you never receive official data from GLBSE? I've got my books in order, and I see my trades in the "complete trade history" csv file. That doesn't prove anything - but it may be all we've got, and as Jutarul explained above, it may be possible to reconstruct most of the database by matching people's claims based on amounts and timestamps.

In case of the possibility we could not receive the shareholders data, we begin collecting the claims ourselves.

Please send to ([email protected]) your number of shares and your Bitcoin address for receiving dividends. Please annotate that they are ASICMINER shares to avoid confusion with MU or MOORE shares. You could accompany them with any evidence you think is OK to provide. It is highly recommended that you use an address that you have its private key. By that, you may enjoy more facilities provided by our future automatic migrating platform.

Email sent.

markm

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Only if you are talking about tulip bulb mainia bubble try "value".

If you own a portion of something whose actual assets/value (including so called "goodwill") goes up vastly in value, then you made that ROI.

Sounds like you just want tulips to play pump and dump with.

-MarkM-

matauc12

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Activity: 658

Merit: 500

Quote from: AngryCatfish on October 11, 2012, 11:21:27 PM

Quote from: SebastianJu on October 11, 2012, 08:45:07 PM

I dont see an existing platform i would trust.

I'm in the same boat, it makes more sense if the issuers handled everything here on out instead of crossing fingers and hoping the next one doesn't end in some shady way.

the thing about privately handled shares is the actual shares have less value. When you invest in securities, the most interesting part is usually not the dividends, but the company valuation increasing (and obviously dividends). If the shares would be in high demand enough because of a good growth or potentially IPO undervaluation you can get (for example) a 0.1 share become worth 1btc share, giving a 1000% ROI. And 1000% ROI is not far fetched BTW. Start up funds often have little correlation with company value. Having no exchange impairs a huge part of why you invest.

AngryCatfish

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Quote from: SebastianJu on October 11, 2012, 08:45:07 PM

I dont see an existing platform i would trust.

I'm in the same boat, it makes more sense if the issuers handled everything here on out instead of crossing fingers and hoping the next one doesn't end in some shady way.

SebastianJu

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I dont see an existing platform i would trust.

WynX

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Quote from: friedcat on October 11, 2012, 05:49:32 AM

We haven't received any responses, auto or manually ones, from GLBSE yet.

This is an act to deal with very extreme conditions of a small probability that every other solution fails. Please send me both numbers.

I have submitted my shares for payment by GLBSE, but I still like this project and the way it was set up. Too bad the exchange blew up...do you have any concrete plans for moving the shares to another platform to be able to continue this project (I guess it is impossible to credit all the asset holders since money is spend). Can you handle the panic that is evident?

SebastianJu

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I know the original meaning of nirvana but in my country nirvana is more widely used by the normal people as a synonymous for "the nothing". So when sending data into "the nothing"...

But i trust you anyway. You proofed your attitude of mind several times.

I only had to laugh when i read that name.

friedcat

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Quote from: ?? on ??

Quote from: friedcat on October 10, 2012, 11:41:15 PM

Please send to ([email protected])

Oh no... i hope the name doesnt have a meaning...

Now in times of "pirate at 40", "nefario(u)s" and so on i check all names if they reveal hidden intents... *lol*

Its the same with me... I had 1255, sold 3 and ordered 6 new. I dont know if it went through. But i think it looks good now with glbse anyway.

Ill send my data to the email address just to be sure...

It does have a meaning, but there's nothing secretly here. I registered my gmail very early when I was fanatic with functional programming. "fn" means "functional", and "nirvana" is a hinduism/buddism word which roughly equals to a (mental) state of enlightenment.

friedcat

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Quote from: data on October 11, 2012, 04:48:48 AM

I had an outstanding order for a few shares as well as my current ones. As I was away for a week, it seems quite likely that the order went through after reading about someone dumping his shares etc. Should I just send you both numbers?
Have you really heard nothing from Nefario? I was hoping that he would at least send out those mails semi-automatically.

At least the process seems to be in order now, as he is even specifically asking for the permission to hand over my data to the issuers. Like I would expect it.

We haven't received any responses, auto or manually ones, from GLBSE yet.

This is an act to deal with very extreme conditions of a small probability that every other solution fails. Please send me both numbers.

data

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I had an outstanding order for a few shares as well as my current ones. As I was away for a week, it seems quite likely that the order went through after reading about someone dumping his shares etc. Should I just send you both numbers?
Have you really heard nothing from Nefario? I was hoping that he would at least send out those mails semi-automatically.

At least the process seems to be in order now, as he is even specifically asking for the permission to hand over my data to the issuers. Like I would expect it.

DutchBrat

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Quote from: friedcat on October 10, 2012, 11:41:15 PM

Daily Update

We have submitted the information to GLBSE, and are waiting for their responses.

Quote from: niko on October 10, 2012, 02:39:25 AM

Friedcat, would you like us to start sending you our claims (how many shares we own), in case you never receive official data from GLBSE? I've got my books in order, and I see my trades in the "complete trade history" csv file. That doesn't prove anything - but it may be all we've got, and as Jutarul explained above, it may be possible to reconstruct most of the database by matching people's claims based on amounts and timestamps.

In case of the possibility we could not receive the shareholders data, we begin collecting the claims ourselves.

Please send to ([email protected]) your number of shares and your Bitcoin address for receiving dividends. Please annotate that they are ASICMINER shares to avoid confusion with MU or MOORE shares. You could accompany them with any evidence you think is OK to provide. It is highly recommended that you use an address that you have its private key. By that, you may enjoy more facilities provided by our future automatic migrating platform.

2 emails sent, as I had 2 accounts on GLBSE

friedcat

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Activity: 848

Merit: 1005

Daily Update

We have submitted the information to GLBSE, and are waiting for their responses.

Quote from: niko on October 10, 2012, 02:39:25 AM

Friedcat, would you like us to start sending you our claims (how many shares we own), in case you never receive official data from GLBSE? I've got my books in order, and I see my trades in the "complete trade history" csv file. That doesn't prove anything - but it may be all we've got, and as Jutarul explained above, it may be possible to reconstruct most of the database by matching people's claims based on amounts and timestamps.

In case of the possibility we could not receive the shareholders data, we begin collecting the claims ourselves.

Please send to ([email protected]) your number of shares and your Bitcoin address for receiving dividends. Please annotate that they are ASICMINER shares to avoid confusion with MU or MOORE shares. You could accompany them with any evidence you think is OK to provide. It is highly recommended that you use an address that you have its private key. By that, you may enjoy more facilities provided by our future automatic migrating platform.

keystroke

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Just submitted my claim as well. Hope I remembered to check that box at the bottom Wink

Otherwise didn't have any BTC in there but once friedcat has the shareholder info it will be possible to clean things up.

SebastianJu

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Yes. The btc arent on the way automatically. So lets see how this works out.

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