ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1342.

HorseRider

donator

Activity: 1120

Merit: 1001

Quote from: MadSweeney on August 17, 2012, 12:31:26 AM

Quote from: HorseRider on August 15, 2012, 01:35:10 PM

I'm already a bulk investor myself and paid all the bitcoin and bought the number of shares I want to buy.
If you are a retail investor who wants to buy the share at the price of 0.1BTC, please PM me such information in such order:

GLBSE account Forum ID Bitcoin amount

...

I think this is meaningful: your money is buying the new shares, not old shares from me. I'm not selling my old shares to the public.

Good idea. Sent you a pm for this, HorseRider.

Got the money, thank you!

HorseRider

donator

Activity: 1120

Merit: 1001

Friedcat has just set up a new and dedicated address for me. Any money sent me by the retail investors will be transfer to that address immediately when I have access to internet. When the money reaches that dedicated address, it will treated as the shares are purchased. However, friedcat only has to do the share transferring a single time, and I will distributed to others.

I will give a list of the retail investor at the end of the IPO, (the name will only contains the first character and the last one.) ~~and the dedicated address.~~

The dedicated address is

1JJMCKsPU8FVdJz8fkNiG5zKTNhgEcSRzs

https://blockchain.info/address/1JJMCKsPU8FVdJz8fkNiG5zKTNhgEcSRzs

So that everyone will make sure that all the money have been used to buy new shares.

As I might will be paying the share transferring fee, so people can donate me some bitcoin this address, thank you.:

1NTnocYbHGg9ERF96qR68Mj8P2m7RfnfQi

MadSweeney

full member

Activity: 160

Merit: 100

Quote from: HorseRider on August 15, 2012, 01:35:10 PM

I'm already a bulk investor myself and paid all the bitcoin and bought the number of shares I want to buy.
If you are a retail investor who wants to buy the share at the price of 0.1BTC, please PM me such information in such order:

GLBSE account Forum ID Bitcoin amount

...

I think this is meaningful: your money is buying the new shares, not old shares from me. I'm not selling my old shares to the public.

Good idea. Sent you a pm for this, HorseRider.

Jutarul

donator

Activity: 994

Merit: 1000

Quote from: HorseRider on August 16, 2012, 11:25:17 PM

Quote from: Jutarul on August 16, 2012, 11:19:58 PM

I would be surprised if GLBSE had a way to distinguish between shares or trace them. And even if their database is transaction style and shares internally have an ID, I don't see a way to send/receive a particular set of shares.

Sorry - the question makes no sense to me.

I would like to introduce a word to you: volunteer. buying new shares would make this IPO faster and more likely to succeed. No one can force or monitor whether someone is doing so, but you can do it out of volunteerism.

I get you - and I agree. You want to make sure that everyone who buys shares from DeaDTerra actually increases the amount of shares distributed by friedcat. Similar to how you would handle it, right?

HorseRider

donator

Activity: 1120

Merit: 1001

Quote from: Jutarul on August 16, 2012, 11:19:58 PM

I would be surprised if GLBSE had a way to distinguish between shares or trace them. And even if their database is transaction style and shares internally have an ID, I don't see a way to send/receive a particular set of shares.

Sorry - the question makes no sense to me.

I would like to introduce a word to you: volunteer. buying new shares would make this IPO faster and more likely to succeed. No one can force or monitor whether someone is doing so, but you can do it out of volunteerism.

Jutarul

donator

Activity: 994

Merit: 1000

Quote from: HorseRider on August 16, 2012, 11:14:24 PM

Quote from: DeaDTerra on August 16, 2012, 11:33:58 AM

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 Wink

//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 would be surprised if GLBSE had a way to distinguish between shares or trace them. And even if their database is transaction style and shares internally have an ID, I don't see a way to send/receive a particular set of shares.

Sorry - the question makes no sense to me.

HorseRider

donator

Activity: 1120

Merit: 1001

Quote from: DeaDTerra on August 16, 2012, 11:33:58 AM

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 Wink

//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?

friedcat

donator

Activity: 848

Merit: 1005

Quote from: irritant on August 16, 2012, 09:23:11 PM

are you the same people as from http://twitter.com/asicminer ?

No, I'm not.

BitcoinINV

sr. member

Activity: 448

Merit: 250

Thank you, I do not have a common knowledge of the system over there.

friedcat

donator

Activity: 848

Merit: 1005

Quote from: BitcoinINV on August 16, 2012, 11:43:59 AM

Is there any chance of Chinese gov interference, or copy cats? Are you 100% protected from some sweat shop taking about your design and selling it for less? We have a flood of copy cat products here in the USA. Or the gov taking your business? I'm sorry I do not know how things work in China.

The chance of Chinese gov making action is small, or at least not significant higher than that of governments in US or EU.

By copycats, you might mean one of the several following possibilities:

1. chip reverse engineering from our buyers.
2. foundry stealing our design.
3. foundry employees leaking our design privately.

All of the three will not make the copycats' lives much easier than ours. Because unlike software, the copycats will also spend the same amount of money as NRE. There's no way that they could just duplicate our chips using magic devices. Plus, our foundry accepts lots of orders of taping out embedded-CPUs each month, and many of them involve ~2M$ worth of bought IPs (ARM architecture), so we expect that 2 and 3 is very unlikely happen to us, and if it does happen, there will be much more people (cellphone and pad manufacturers) worrying about them with much more money.

Thanks for your question.

irritant

sr. member

Activity: 473

Merit: 250

Sodium hypochlorite, acetone, ethanol

are you the same people as from http://twitter.com/asicminer ?

DutchBrat

hero member

Activity: 868

Merit: 1000

Quote from: DeaDTerra on August 16, 2012, 12:13:32 PM

Quote from: DutchBrat on August 16, 2012, 11:57:35 AM

Quote from: DeaDTerra on August 16, 2012, 11:33:58 AM

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 Wink

//DeaDTerra

Price can be discussed depending on volume ? Below the IPO price of 0.1 Huh

How does that work Shocked

I am just that boss ^^
//DeaDTerra

Lol

Respect Mr. Boss ! Grin

DeaDTerra

donator

Activity: 1064

Merit: 1000

Quote from: DutchBrat on August 16, 2012, 11:57:35 AM

Quote from: DeaDTerra on August 16, 2012, 11:33:58 AM

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 Wink

//DeaDTerra

Price can be discussed depending on volume ? Below the IPO price of 0.1 Huh

How does that work Shocked

I am just that boss ^^
//DeaDTerra

DutchBrat

hero member

Activity: 868

Merit: 1000

Quote from: DeaDTerra on August 16, 2012, 11:33:58 AM

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 Wink

//DeaDTerra

Price can be discussed depending on volume ? Below the IPO price of 0.1 Huh

How does that work Shocked

BitcoinINV

sr. member

Activity: 448

Merit: 250

Is there any chance of Chinese gov interference, or copy cats? Are you 100% protected from some sweat shop taking about your design and selling it for less? We have a flood of copy cat products here in the USA. Or the gov taking your business? I'm sorry I do not know how things work in China.

DeaDTerra

donator

Activity: 1064

Merit: 1000

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 Wink

//DeaDTerra

punin

hero member

Activity: 560

Merit: 500

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.

friedcat

donator

Activity: 848

Merit: 1005

Update

The GLBSE works well now. Shares are being sent. Thanks for waiting.

friedcat

donator

Activity: 848

Merit: 1005

Quote from: eb3full on August 16, 2012, 12:25:57 AM

Additionally, the GLBSE contract does not mention the 10000 stock offer bonus that the OP does.

Yes. It also has a typo of 2012 to 2011, and misses several clauses and details in the thread.
Since it is not possible to edit it ourselves after it's submitted, the updated version will be sent
to the GLBSE manager. Thanks.

friedcat

donator

Activity: 848

Merit: 1005

Update

The GLBSE transferring system seems to be not working at this moment. It reports "Internal Server Error" when sending shares out. All current bulk purchase requests are being processed, and the shares will be sent immediately when the system works again.

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1342. (Read 3917468 times)