ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 542.

explorer

legendary

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Quote from: empoweoqwj on December 21, 2013, 03:15:55 AM

Any theory for why people are buying above auction prices now? It used to to be other way round.

The first thing to mind is that these buyers are unacquainted with the forums, or at least don't ever search for ASICMINER Cheesy

I just can't see buying at that price unless you were a hodler, so they are unlikely for quick flip, which means direct shares shouldn't be an issue. idk.

EDIT: I notice the total shares on Havelock is creeping up too. Hmmm.

freedomno1

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Learning the troll avoidance button :)

Quote from: empoweoqwj on December 21, 2013, 03:15:55 AM

Any theory for why people are buying above auction prices now? It used to to be other way round.

Positive sentiment around this level for the holidays I guess
That or everyone's too busy at this time of year to look for bitcoin bargains/ and are looking for shopping bargains instead Grin

empoweoqwj

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Any theory for why people are buying above auction prices now? It used to to be other way round.

explorer

legendary

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Quote from: empoweoqwj on December 21, 2013, 03:01:23 AM

Quote from: explorer on December 21, 2013, 02:55:38 AM

Quote from: spartan82 on December 21, 2013, 02:50:22 AM

And there I was thinking share prices were going to drop considerably with the last two dividends but still holding strong

I think the uptrend surprised a lot of people. That buying pressure shows that a lot of us had the same idea ie: buy it while it's on sale. I expected to see 0.20 before we were through, maybe we still will. I can always use more Cheesy

The uptrend has been for 1 week, and tiny. When direct shares were offered last week at 0.27 nobody took.

Let's see what happens if the divs really dive. I can't see how AM can keep anywhere near the current divs for 3 months if they aren't bringing anything new to the table. If divs halve, its got to drive the price down further. If it doesn't, yep I'll agree, the bottom has been reached.

Well I don't call over 20% tiny, though BTC0.06 compared to BTC4.x is decidedly tiny. Still, there were some strong buys in the last week or so, many above current auction prices. If that behavior continues, price will continue up. If it falters... Let's wait and see Wink

empoweoqwj

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Quote from: explorer on December 21, 2013, 02:55:38 AM

Quote from: spartan82 on December 21, 2013, 02:50:22 AM

And there I was thinking share prices were going to drop considerably with the last two dividends but still holding strong

I think the uptrend surprised a lot of people. That buying pressure shows that a lot of us had the same idea ie: buy it while it's on sale. I expected to see 0.20 before we were through, maybe we still will. I can always use more Cheesy

The uptrend has been for 1 week, and tiny. When direct shares were offered last week at 0.27 nobody took.

Let's see what happens if the divs really dive. I can't see how AM can keep anywhere near the current divs for 3 months if they aren't bringing anything new to the table. If divs halve, its got to drive the price down further. If it doesn't, yep I'll agree, the bottom has been reached.

bitdude

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Quote from: mumchristmas on December 20, 2013, 10:09:44 AM

Quote from: bitdude on December 20, 2013, 09:48:56 AM

Quote from: mumchristmas on December 19, 2013, 04:02:38 AM

Quote from: freedomno1 on December 19, 2013, 02:59:21 AM

Dividend was paid out just the passthru holders need to wait for them to be paid out if your on havelock just wait on TAT a bit

No, I'm pretty sure that's all direct shares.
Works great for weeks. But something wrong on this time.

Just mailed FC. Hope they can fix it.

same problem here, dividend from 1 direct share from SebastianJu's last auction is missing, could you please inform me PM in case FC updates you?

Not yet, I buy 18 direct shares from SebastianJu's auction too.
Could you PM me the detail?

Haven't heard from FC yet.

explorer

legendary

Activity: 2016

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Quote from: spartan82 on December 21, 2013, 02:50:22 AM

And there I was thinking share prices were going to drop considerably with the last two dividends but still holding strong

I think the uptrend surprised a lot of people. That buying pressure shows that a lot of us had the same idea ie: buy it while it's on sale. I expected to see 0.20 before we were through, maybe we still will. I can always use more Cheesy

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: spartan82 on December 21, 2013, 02:50:22 AM

And there I was thinking share prices were going to drop considerably with the last two dividends but still holding strong

I'm not quite sure "strong" is the right word considering we were once at B5.00, but I know what you mean.

It could just mean the equilibrium has reached i.e. the one-week brigade has been flushed out, and all we are left with are the "hopeful people", and people that have lost too much already on AM shares to consider selling for such a big loss.

Its statis baby

spartan82

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And there I was thinking share prices were going to drop considerably with the last two dividends but still holding strong

empoweoqwj

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Quote from: explorer on December 21, 2013, 01:30:24 AM

Quote from: empoweoqwj on December 20, 2013, 10:28:37 PM

Quote from: Maciek on December 20, 2013, 05:27:49 PM

Where do I buy ASICMINER shares now?

Havelock.com is good because:
a) you can buy shares when you want, not when auctions are running
b) you get the shares immediately, at a fixed price.
c) You can buy partial shares, the AM100 version. Direct shares are never sold like that.
d) You can convert AM1 shares to direct AM shares any time.
e) You know you aren't being scammed, there have been a few "dodgy" share auctions.

Was going to list why auctions are good, but I'll leave that to someone that prefers auctions to buying at havelock

The only good reason I can think of to buy @ auction is to avoid slippage on larger buys. Havelock is just dead right now, and price seems to be drifting higher regardless of dividend shrinkage.

I think everyone has gone into hibernation until the Spring. No sellers, no buyers. Right time of year for hibernation at least.

explorer

legendary

Activity: 2016

Merit: 1259

Quote from: empoweoqwj on December 20, 2013, 10:28:37 PM

Quote from: Maciek on December 20, 2013, 05:27:49 PM

Where do I buy ASICMINER shares now?

Havelock.com is good because:
a) you can buy shares when you want, not when auctions are running
b) you get the shares immediately, at a fixed price.
c) You can buy partial shares, the AM100 version. Direct shares are never sold like that.
d) You can convert AM1 shares to direct AM shares any time.
e) You know you aren't being scammed, there have been a few "dodgy" share auctions.

Was going to list why auctions are good, but I'll leave that to someone that prefers auctions to buying at havelock

The only good reason I can think of to buy @ auction is to avoid slippage on larger buys. Havelock is just dead right now, and price seems to be drifting higher regardless of dividend shrinkage.

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: Maciek on December 20, 2013, 05:27:49 PM

Where do I buy ASICMINER shares now?

Havelock.com is good because:
a) you can buy shares when you want, not when auctions are running
b) you get the shares immediately, at a fixed price.
c) You can buy partial shares, the AM100 version. Direct shares are never sold like that.
d) You can convert AM1 shares to direct AM shares any time.
e) You know you aren't being scammed, there have been a few "dodgy" share auctions.

Was going to list why auctions are good, but I'll leave that to someone that prefers auctions to buying at havelock

ujka

hero member

Activity: 630

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Quote from: Maciek on December 20, 2013, 05:27:49 PM

Where do I buy ASICMINER shares now?

Havelock Investments has AM shares and AM microshares (passthrough):
https://www.havelockinvestments.com/order.php?symbol=AM1
https://www.havelockinvestments.com/order.php?symbol=AM100

or look some auction for direct AM shares in Auctions board
https://bitcointalk.org/index.php?board=73.0

Maciek

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Where do I buy ASICMINER shares now?

mumchristmas

newbie

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Quote from: bitdude on December 20, 2013, 09:48:56 AM

Quote from: mumchristmas on December 19, 2013, 04:02:38 AM

Quote from: freedomno1 on December 19, 2013, 02:59:21 AM

Dividend was paid out just the passthru holders need to wait for them to be paid out if your on havelock just wait on TAT a bit

No, I'm pretty sure that's all direct shares.
Works great for weeks. But something wrong on this time.

Just mailed FC. Hope they can fix it.

same problem here, dividend from 1 direct share from SebastianJu's last auction is missing, could you please inform me PM in case FC updates you?

Not yet, I buy 18 direct shares from SebastianJu's auction too.
Could you PM me the detail?

bitdude

sr. member

Activity: 277

Merit: 254

Quote from: mumchristmas on December 19, 2013, 04:02:38 AM

Quote from: freedomno1 on December 19, 2013, 02:59:21 AM

Dividend was paid out just the passthru holders need to wait for them to be paid out if your on havelock just wait on TAT a bit

No, I'm pretty sure that's all direct shares.
Works great for weeks. But something wrong on this time.

Just mailed FC. Hope they can fix it.

same problem here, dividend from 1 direct share from SebastianJu's last auction is missing, could you please inform me PM in case FC updates you?

JimiQ84

sr. member

Activity: 406

Merit: 250

Quote from: Timetwister on December 20, 2013, 07:05:23 AM

Quote from: friedcat on August 09, 2012, 03:17:17 AM

ASICMINER shares have the privilege of getting all net profits till 0.1BTC/share from the day when dividends began to be paid.

I don't get this part. Does it mean that once 0.1BTC dividends per share have been given, there won't be more dividends?

That formulation means that after 0.1BTC has been paid in dividends, Bitfountain (major shareholder of Asicminer) will also get it's portion of dividends. Until 0.1 all dividends (100%) have been paid to minor shareholders only. Anyhow, it doesn't matter anymore, dividends reached 0.6BTC already.

empoweoqwj

hero member

Activity: 518

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Quote from: Timetwister on December 20, 2013, 07:05:23 AM

Quote from: friedcat on August 09, 2012, 03:17:17 AM

ASICMINER shares have the privilege of getting all net profits till 0.1BTC/share from the day when dividends began to be paid.

I don't get this part. Does it mean that once 0.1BTC dividends per share have been given, there won't be more dividends?

Why are you quoting stuff from 2012 ?!? And no, it doesn't mean that Wink

San1ty

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Quote from: Timetwister on December 20, 2013, 07:05:23 AM

Quote from: friedcat on August 09, 2012, 03:17:17 AM

ASICMINER shares have the privilege of getting all net profits till 0.1BTC/share from the day when dividends began to be paid.

I don't get this part. Does it mean that once 0.1BTC dividends per share have been given, there won't be more dividends?

Sigh...

Timetwister

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Activity: 1199

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Quote from: friedcat on August 09, 2012, 03:17:17 AM

ASICMINER shares have the privilege of getting all net profits till 0.1BTC/share from the day when dividends began to be paid.

I don't get this part. Does it mean that once 0.1BTC dividends per share have been given, there won't be more dividends?

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 542. (Read 3917468 times)