I'm dying to hear if the conference call has taken place and what the feedback is 
It's finished. This time I had some kind of problem with my place so it turned from a video chat to a text-only meeting soon.
Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1341. (Read 3917468 times)
Though I can confirm taht we saw his face and heard his voice for some time
I'm dying to hear if the conference call has taken place and what the feedback is
It's finished. This time I had some kind of problem with my place so it turned from a video chat to a text-only meeting soon. But expect more of them in the future whenever I'm free to answer questions and make discussions.
I'm dying to hear if the conference call has taken place and what the feedback is
It's going on right now...
I'm dying to hear if the conference call has taken place and what the feedback is
, are still reserved till the expiration date that each investor has said in the reservation request.
Are you able to tell us when is the last of these due / When do you expect to be holding the funds committed?
Hello everyone, I'm a partner of Bitfountain. friedcat is on the train to Beijing for some meetings of the project. He can't access the internet now, your message will be replied as soon as he arrives about 8 hours later.
I have a question. When is the video chat going to happen that you have been promising me and other larger investors for days now? Every day I ask and everyday Friedcat says sure we'll do it, but nothing happens. I'm getting tired of this.
He was supposed to send out an email about it. I sure haven't received one and it was supposed to happen tomorrow.
Video, or I'm out.
The e-mails about the skype video meeting are sent to all to-be board members.
Hello everyone, I'm a partner of Bitfountain. friedcat is on the train to Beijing for some meetings of the project. He can't access the internet now, your message will be replied as soon as he arrives about 8 hours later.
I have a question. When is the video chat going to happen that you have been promising me and other larger investors for days now? Every day I ask and everyday Friedcat says sure we'll do it, but nothing happens. I'm getting tired of this.
He was supposed to send out an email about it. I sure haven't received one and it was supposed to happen tomorrow.
Video, or I'm out.
Hello everyone, I'm a partner of Bitfountain. friedcat is on the train to Beijing for some meetings of the project. He can't access the internet now, your message will be replied as soon as he arrives about 8 hours later.
Welcome to the forum!
Hello everyone, I'm a partner of Bitfountain. friedcat is on the train to Beijing for some meetings of the project. He can't access the internet now, your message will be replied as soon as he arrives about 8 hours later.
Update
We have raised more than 8k BTC already and have another 7k BTC worth of bulk order reservations to be executed. Thanks to all investors.
From now we no longer process new bulk orders or order reservations. All shares pre-ordered before but not traded yet, are still reserved till the expiration date that each investor has said in the reservation request.
After the reserved orders are either executed or expired, the IPO will finish. Then we will transform the BTCs to fiats. If the fiats exchanged reach the amount of our (budget + redundancy), we will return the rest of the BTCs as dividends. Finally we will send the extra shares to investors.
We have raised more than 8k BTC already and have another 7k BTC worth of bulk order reservations to be executed. Thanks to all investors.
From now we no longer process new bulk orders or order reservations. All shares pre-ordered before but not traded yet, are still reserved till the expiration date that each investor has said in the reservation request.
After the reserved orders are either executed or expired, the IPO will finish. Then we will transform the BTCs to fiats. If the fiats exchanged reach the amount of our (budget + redundancy), we will return the rest of the BTCs as dividends. Finally we will send the extra shares to investors.
While I like the idea of distributing the remainder of the shares proportionally to the existing shareholders, I wouldn't mind if you keep the surplus of money, preferably hold them as BTC. We don't want you to run into liquidity issues too early
But I guess that's a question for which a motion on GLBSE would be good for?
Is the fact that you managed to collect the capital so quickly going to seed up the project, or are you going to wait till end of August anyway?
Also, if I may suggest something, please cash the bitcoins over the counter - we like the price high as it is
Also, if I may suggest something, please cash the bitcoins over the counter - we like the price high as it is
Congrats !
Let's hope design, production and mining/selling goes a smoothly as this funding round
Let's hope design, production and mining/selling goes a smoothly as this funding round
Congratulations on a quick and successful IPO.
Keep up the good work We need more choice when it comes to ASIC mining equipment. BFL has to feel the pressure from competition...
We need more choice when it comes to ASIC mining equipment. BFL has to feel the pressure from competition...
Update
We have raised more than 8k BTC already and have another 7k BTC worth of bulk order reservations to be executed. Thanks to all investors.
From now we no longer process new bulk orders or order reservations. All shares pre-ordered before but not traded yet, are still reserved till the expiration date that each investor has said in the reservation request.
After the reserved orders are either executed or expired, the IPO will finish. Then we will transform the BTCs to fiats. If the fiats exchanged reach the amount of our (budget + redundancy), we will return the rest of the BTCs as dividends. Finally we will send the extra shares to investors.
We have raised more than 8k BTC already and have another 7k BTC worth of bulk order reservations to be executed. Thanks to all investors.
From now we no longer process new bulk orders or order reservations. All shares pre-ordered before but not traded yet, are still reserved till the expiration date that each investor has said in the reservation request.
After the reserved orders are either executed or expired, the IPO will finish. Then we will transform the BTCs to fiats. If the fiats exchanged reach the amount of our (budget + redundancy), we will return the rest of the BTCs as dividends. Finally we will send the extra shares to investors.
I am taking orders for ASICMINER shares.
Price starting at 0.1 BTC but can be discussed depending on volume
No minimum volume and instant transfer after the transaction has been received.
Pm me
//DeaDTerra
Price starting at 0.1 BTC but can be discussed depending on volume
No minimum volume and instant transfer after the transaction has been received.
Pm me
//DeaDTerra
Wow, competition always make the world a better place. But DeaDTearra, could you please use the money to buy new shares from friedcat, but not sell the old shares?
I think they will be a success and I want a place on the board so why would I sell my own shares? Makes no sense right
//DeaDTerra
Friedcat:
I'm thinking bitfountain had a certain amount of $ in mind when you started the IPO
With the increasing price of BTC vs the $, does this mean you will consider lowering the amount of shares in the IPO ?
Yes. New reservations will be closed soon and we will focus on processing old reservations. After all old reservations are either executed or cancelled, and the amount of $ still exceeds our budget plus abundance, we will return the spread as dividends. I'm thinking bitfountain had a certain amount of $ in mind when you started the IPO
With the increasing price of BTC vs the $, does this mean you will consider lowering the amount of shares in the IPO ?
Friedcat:
I'm thinking bitfountain had a certain amount of $ in mind when you started the IPO
With the increasing price of BTC vs the $, does this mean you will consider lowering the amount of shares in the IPO ?
I'm thinking bitfountain had a certain amount of $ in mind when you started the IPO
With the increasing price of BTC vs the $, does this mean you will consider lowering the amount of shares in the IPO ?
I think you should list one more risk in your list of risk scenarios, which is another manufacturer beating you in time to market or manufacture. The implications of this would potentially be higher difficulty at start of mining + earlier halving of the block reward. Hedge would ofc be the same: to diversify your portfolio.
Added. Thanks.The case that some of our competitors get their products working earlier is already considered. Normally it won't be as serious an impact on us as a risk. However, dramatic scenarios like secret startups launching their chips tomorrow, or our competitors lower their price to nearly the margin cost level from day one they deliver their products, are indeed potential risks.
Update:
the smallest money you can invest through me is changed to 5 BTC now.
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asking donations for the transferring fee. thank you.
1NTnocYbHGg9ERF96qR68Mj8P2m7RfnfQi
the smallest money you can invest through me is changed to 5 BTC now.
-----------------------------------------------------------------------------
asking donations for the transferring fee. thank you.
1NTnocYbHGg9ERF96qR68Mj8P2m7RfnfQi
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