Author

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 605. (Read 3917635 times)

hero member
Activity: 504
Merit: 502
To provide historical perspective, I posted this in August of 2013:

"With the price of shares of AM so closely tied to the btc/fiat rate, it is becoming difficult to calculate the correct ROI, and to determine if it is in fact positive.

At $90 per bitcoin, AM shares averaged around 4.5 each. 4.5 * 90 = $405.

At $120 per bitcoin, AM shares averaged around 3.3 each. 3.3 * 120 = $396.

At $130 per bitcoin, AM shares average around 2.9 each. 2.9 * 130 = $377.

Today:

At $140 per bitcoin, AM shares average around 2.5 each. 2.5 * 140 = $350."


As of today, that calculation comes out to:

At $370 per bitcoin, AM shares average around 0.65 each. 0.65 * 370 = $240.

If at any point listed you had sold AM shares and just put them into BTC you would have done much better than holding them.

Chart the dollar price per share vs the price of a bitcoin for an intersting surprise.
sr. member
Activity: 420
Merit: 250
@jimmothy:
I have a very good idea of what I am talking about - I use quotes.

@BitCsByBit:
I do not trust TAT and have been vocal about this in the past - He behaves like a little kid, and does not deserve a "Hero" title in my book. He used to try to heckle people towards his security & only ever tried to help the forum community until he reached board status with AM. I suspect him to be prone to insider trading within the security (have you seen him "gather questions for friedcat" since he got board status and himself has access to private board information?).

Once Havelock stops releasing funds where three people can buy the entire offering in one shot, aka create the feeding frenzy to create a false sense of urgency around funds that are generally overvalued anyway, I'll trust them.  Look at the latest casino whatever, 600k shares, max 200k per person.  Similar for every recent fund or ipo. 
sr. member
Activity: 378
Merit: 250
have you seen him (TAT) "gather questions for friedcat" since he got board status and himself has access to private board information?

Good point. nope.

EDIT: Seems like I must become a board member if I want to get any update from company where I am invested in. Only in bitcoinland  Roll Eyes
donator
Activity: 290
Merit: 250
@jimmothy:
I have a very good idea of what I am talking about - I use quotes.

@BitCsByBit:
I do not trust TAT and have been vocal about this in the past - He behaves like a little kid, and does not deserve a "Hero" title in my book. He used to try to heckle people towards his security & only ever tried to help the forum community until he reached board status with AM. I suspect him to be prone to insider trading within the security (have you seen him "gather questions for friedcat" since he got board status and himself has access to private board information?).
newbie
Activity: 5
Merit: 0
ok, I'll check the thread. I appreciate your help!

Hey guys,

Please someone can explain what should I do with my shares on Bitfunder?
Is there any official announcement?
What will happen if I maintain my shares on Bitfunder?

Thanks

Please read here:
https://bitcointalk.org/index.php?topic=148827.440
(the whole page since there are numerous options discussed to chose from).

Basically if you do nothing those shares will become direct shares attached to your bitfunder public address.

full member
Activity: 223
Merit: 100
Hey guys,

Please someone can explain what should I do with my shares on Bitfunder?
Is there any official announcement?
What will happen if I maintain my shares on Bitfunder?

Thanks

Please read here:
https://bitcointalk.org/index.php?topic=148827.440
(the whole page since there are numerous options discussed to chose from).

Basically if you do nothing those shares will become direct shares attached to your bitfunder public address.
newbie
Activity: 5
Merit: 0
Hey guys,

Please someone can explain what should I do with my shares on Bitfunder?
Is there any official announcement?
What will happen if I maintain my shares on Bitfunder?

Thanks
sr. member
Activity: 252
Merit: 250
I think the sale was a lure to get ppl to go to HL. just like it tries to mislead you into thinking the passthrough share is an actual share: https://www.havelockinvestments.com/fund.php?symbol=AM1

Quote
ASICMINER Full Shares (AM1)
Shares
Each 1 share of AM1 represents 1 share of ASICMINER maintained and verified by either Friedcat or any exchange ASICMINER is traded on, and has rights to all of the dividends of a whole ASICMINER share.

So let me get this straight, it's a full share but not a whole share?
THIS is why I don't like HL. They should just try to be clear - the share they sell you isn't an actual asicminer share but a PassThrough share. I don't like how they are trying to be the "official" version of where things should be traded.
Additionally, I'd say a few dubious accounts have been glorifying Havelock a little too much on this thread and others - or at least that is my gut check, just like how people buy positive reviews in the App store when releasing an App... I understand how some of those things can happen, I'd be more open to it if there wasn't such an obvious "bending the truth" halo around everything: "the Full Share", the (too) many folks trying to get you to join, the "Official" status from being acquired by a south american entity (making it secure?)...

On the other hand, there aren't that many options available, and nothing terrible has yet to happen.

You have no idea what you are talking about. "Dubious accounts" and "bending the truth". Check the facts and you might learn something before attempting to cause panic. The HL passthrough is run by USER ThickAsThieves and every share on havelock is indeed an entire asicminer share however you look at it. In fact simply by emailing TAT you can transfer your havelock shares to direct 100% authentic FC issued shares (whatever you want to call it). As for the panama thing, A registered security exchange that has been operating since 2006 (if i remember correct) acquires a btc security exchange and you consider this a bad thing?

Just to add, ThickAsThieves is a Hero member and an AM board member.
hero member
Activity: 518
Merit: 500
I think the sale was a lure to get ppl to go to HL. just like it tries to mislead you into thinking the passthrough share is an actual share: https://www.havelockinvestments.com/fund.php?symbol=AM1

Quote
ASICMINER Full Shares (AM1)
Shares
Each 1 share of AM1 represents 1 share of ASICMINER maintained and verified by either Friedcat or any exchange ASICMINER is traded on, and has rights to all of the dividends of a whole ASICMINER share.

So let me get this straight, it's a full share but not a whole share?
THIS is why I don't like HL. They should just try to be clear - the share they sell you isn't an actual asicminer share but a PassThrough share. I don't like how they are trying to be the "official" version of where things should be traded.
Additionally, I'd say a few dubious accounts have been glorifying Havelock a little too much on this thread and others - or at least that is my gut check, just like how people buy positive reviews in the App store when releasing an App... I understand how some of those things can happen, I'd be more open to it if there wasn't such an obvious "bending the truth" halo around everything: "the Full Share", the (too) many folks trying to get you to join, the "Official" status from being acquired by a south american entity (making it secure?)...

On the other hand, there aren't that many options available, and nothing terrible has yet to happen.
So true. I don't know why people have such difficulty understanding the concept. You can exchange these PT-shares for "real" (if you want to call them that) AM shares any time. Its really very easy a 1st-grader could do it. How can it be a "full share" but not a "whole share?"  Huh
hero member
Activity: 770
Merit: 509
I think the sale was a lure to get ppl to go to HL. just like it tries to mislead you into thinking the passthrough share is an actual share: https://www.havelockinvestments.com/fund.php?symbol=AM1

Quote
ASICMINER Full Shares (AM1)
Shares
Each 1 share of AM1 represents 1 share of ASICMINER maintained and verified by either Friedcat or any exchange ASICMINER is traded on, and has rights to all of the dividends of a whole ASICMINER share.

So let me get this straight, it's a full share but not a whole share?
THIS is why I don't like HL. They should just try to be clear - the share they sell you isn't an actual asicminer share but a PassThrough share. I don't like how they are trying to be the "official" version of where things should be traded.
Additionally, I'd say a few dubious accounts have been glorifying Havelock a little too much on this thread and others - or at least that is my gut check, just like how people buy positive reviews in the App store when releasing an App... I understand how some of those things can happen, I'd be more open to it if there wasn't such an obvious "bending the truth" halo around everything: "the Full Share", the (too) many folks trying to get you to join, the "Official" status from being acquired by a south american entity (making it secure?)...

On the other hand, there aren't that many options available, and nothing terrible has yet to happen.

You have no idea what you are talking about. "Dubious accounts" and "bending the truth". Check the facts and you might learn something before attempting to cause panic. The HL passthrough is run by USER ThickAsThieves and every share on havelock is indeed an entire asicminer share however you look at it. In fact simply by emailing TAT you can transfer your havelock shares to direct 100% authentic FC issued shares (whatever you want to call it). As for the panama thing, A registered security exchange that has been operating since 2006 (if i remember correct) acquires a btc security exchange and you consider this a bad thing?
donator
Activity: 290
Merit: 250
I think the sale was a lure to get ppl to go to HL. just like it tries to mislead you into thinking the passthrough share is an actual share: https://www.havelockinvestments.com/fund.php?symbol=AM1

Quote
ASICMINER Full Shares (AM1)
Shares
Each 1 share of AM1 represents 1 share of ASICMINER maintained and verified by either Friedcat or any exchange ASICMINER is traded on, and has rights to all of the dividends of a whole ASICMINER share.

So let me get this straight, it's a full share but not a whole share?
THIS is why I don't like HL. They should just try to be clear - the share they sell you isn't an actual asicminer share but a PassThrough share. I don't like how they are trying to be the "official" version of where things should be traded.
Additionally, I'd say a few dubious accounts have been glorifying Havelock a little too much on this thread and others - or at least that is my gut check, just like how people buy positive reviews in the App store when releasing an App... I understand how some of those things can happen, I'd be more open to it if there wasn't such an obvious "bending the truth" halo around everything: "the Full Share", the (too) many folks trying to get you to join, the "Official" status from being acquired by a south american entity (making it secure?)...

On the other hand, there aren't that many options available, and nothing terrible has yet to happen.
sr. member
Activity: 316
Merit: 250
I feel like it takes years to send BTC to Havelock. I already missed the opportunity.
sr. member
Activity: 316
Merit: 250
Large sell on Havelock?
legendary
Activity: 1456
Merit: 1010
Ad maiora!
yes, Plazma, go to Havelock. I don't know why people view it so poorly, it was easy and fast to join, seems to operate fairly... I joined every exchange I could; I only use the ones I have to because I don't really like auctions, the escrow hassle and waiting, but hlynr is right. and Havelock is the only game in town, besides cryptostocks, who's prices suck and interface annoys me, or 697 which I dont really need right now unless some of the other securities list there. Plus, Havelock will improve with volume, natch.

I still wish they would de-list labcoin tho
hero member
Activity: 770
Merit: 501
Hey guys what should I do with  my shares on bitfunder? are they just getting transfered to direct shares to my bitfunder address?

I'm not familiar with share transfers depending bitfunder,
perhaps a useful info is how to transfer direct shares to havelock (if that's your plan):  


Somebody, please, explain me: how to sell my shares that was automatic transfer to Friedcat?
Importing Shares to Havelock Investment
There is no fee to import shares. There is no minimum quantity for importing shares.

How to Import Direct Shares:
1. Send an e-mail to [email protected] & TAT Investments at [email protected] with the following message:

”Friedcat, please transfer (X) of my shares to the TAT Investments account at 1rHfXj4AwH9zymwwJuXnbXLiDbAE9V1uz -- [email protected]

Also include the following info:
- Your current ASICMINER share-holding wallet address & e-mail address
- The quantity of shares you wish to transfer

2. If the e-mail address you have on file with ASICMINER is different than the one you use for your Havelock account, you MUST send an e-mail from the e-mail address you have registered with Havelock confirming this import request. If this is the case, please provided a dated, signed message from the host wallet to confirm ownership.
3. After confirmation from Friedcat is received, the AM1 shares will be added to your account within 48 hours or less.

NOTE: TAT Investments is not responsible for delays or errors in transfer confirmations by ASICMINER staff.
Please follow these instructions carefully to avoid problems.

full member
Activity: 224
Merit: 100
Hey guys what should I do with  my shares on bitfunder? are they just getting transfered to direct shares to my bitfunder address?
full member
Activity: 185
Merit: 100
I'm looking to buy shares PM me

Anyone have a history list showing how much dividends were paid out per share?

https://www.havelockinvestments.com/fund.php?symbol=AM1#ui-tabs-3
that's only a partial list.  it doesn't include all of them.

Here's a list I've been keeping, I think one or two values may be slightly off, but it should be generally accurate.
Code:
date	                p/s
2/28/2013 16:51:38 0.02354454
3/6/2013 16:52:57 0.01916298
3/13/2013 14:59:50 0.023786
3/20/2013 15:00:31 0.02599802
3/24/2013 16:20:00 0.00750846
3/27/2013 15:54:30 0.003775
4/3/2013 15:52:40 0.00255553
4/10/2013 15:17:01 0.00695565
4/17/2013 15:40:42 0.00696732
4/24/2013 15:46:59 0.00773063
5/2/2013 4:10:15 0.00735415
5/8/2013 14:44:33 0.01108519
5/15/2013 11:44:00 0.0362225452
5/22/2013 14:36:31 0.02084164
5/29/2013 15:36:59 0.02653753
6/5/2013 15:16:20 0.03814687
6/12/2013 13:41:51 0.03628311
6/19/2013 16:34:51 0.01810108
6/26/2013 16:26:31 0.01938069
7/3/2013 17:24:28 0.02297025
7/10/2013 16:33:40 0.02075485
7/17/2013 15:30:53 0.02536692
7/24/2013 17:47:17 0.02405901
7/31/2013 17:03:20 0.01858868
8/7/2013 16:41:27 0.02457145
8/14/2013 16:40:42 0.02097289
8/21/2013 12:58:29 0.01226019
8/28/2013 17:49:18 0.01239987
9/4/2013 16:32:16 0.01404192
9/11/2013 16:01:58 0.01355608
9/18/2013 15:52:18 0.00967485
9/25/2013 9:41:33 0.00879957
10/2/2013 9:01:42 0.00800337
10/9/2013 16:29:57 0.0054807496
10/16/2013 16:43:24 0.00403284
10/23/2013 16:59:35 0.00374772
10/30/2013 18:00:54 0.0035336
11/6/2013 15:17:07 0.00290692
sr. member
Activity: 476
Merit: 250
I'm looking to buy shares PM me

Anyone have a history list showing how much dividends were paid out per share?

https://www.havelockinvestments.com/fund.php?symbol=AM1#ui-tabs-3
that's only a partial list.  it doesn't include all of them.
hero member
Activity: 518
Merit: 502
I'm looking to buy shares PM me

Anyone have a history list showing how much dividends were paid out per share?

https://www.havelockinvestments.com/fund.php?symbol=AM1#ui-tabs-3
member
Activity: 86
Merit: 10
I'm looking to buy shares PM me

Anyone have a history list showing how much dividends were paid out per share?
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