ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 63.

NotLambchop

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Quote from: Mabsark on March 07, 2015, 04:33:32 PM

...
AM paid out just over 0.6 BTC in divs from BE100. The shares cost 0.1 BTC each. Like I said, BE100 was a major success.

Ahh, so folks weren't surprised that, after buying shares @(what was it, like 4BTC?) that the divs were going to stop & share price tank?
This was all expected, right?
Well shit, I don't see why those ingrates are whining-- Anon known as friedcat is simply taking a well-deserved lunar new year/Kwanzaa vocation thingy.

In the alternative, perhaps folks are just trying to find friedcat to return what he clearly overpaid in dividends? Could that be it? I mean, he, like, overpaid by 500%, amirite?

Mabsark

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Quote from: Chris_Sabian on March 07, 2015, 04:25:35 PM

You forgot to include 'gen2' from fall of 2013 which was never made into chips. Allegedly.

That's why I didn't list it.

Quote from: NotLambchop on March 07, 2015, 04:27:10 PM

ORLY? I'm a little confused now, if such success, why no divs? Why tanking "share" prices? I mean, if everything's coming up roses?
Enemy saboteurs?

AM paid out just over 0.6 BTC in divs from BE100. The shares cost 0.1 BTC each. Like I said, BE100 was a major success.

MilkyLep

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Bitcoin for all & all for Bitcoin

NotLambchop

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Quote from: jimmothy on March 07, 2015, 04:21:39 PM

...
Now why would the guy who earned tens of thousands of btc legitimately want to scam people for a measly 1700 btc?

For the same reason a dog licks his balls: Because he can

NotLambchop

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Quote from: Mabsark on March 07, 2015, 04:22:34 PM

BE100 - Major success
BE200 - Failure
BE300S - Better than anything currently available

ORLY? I'm a little confused now, if such success, why no divs? Why tanking "share" prices? I mean, if everything's coming up roses?
Enemy saboteurs?

Chris_Sabian

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Quote from: Mabsark on March 07, 2015, 04:22:34 PM

BE100 - Major success
BE200 - Failure
BE300S - Better than anything currently available

You forgot to include 'gen2' from fall of 2013 which was never made into chips. Allegedly.

Mabsark

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BE100 - Major success
BE200 - Failure
BE300S - Better than anything currently available

jimmothy

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Quote from: Chris_Sabian on March 07, 2015, 04:02:29 PM

Quote from: ?? on ??

Quote from: FUR11 on March 07, 2015, 02:46:06 PM

Quote from: btct22 on March 07, 2015, 01:33:04 PM

This dodgy auction https://bitcointalksearch.org/topic/m.10252285 was probably a final push for getting as much coin as possible before the exit. Now we're getting fed bullshit from a number of other users as a cover up.

He could have easily made a lot more money by e.g. announcing BE300 miners with <0.2W/GH/s performance and taking mass pre-orders (resellers would have bought them).

Exactly, if Friedcat wanted to disappear with a scam, he could have done a lot better.
Still not sure what is going on....

+1

+2

Seriously the amount of money FC "scammed" is a drop in the ocean for AM. AMhash raised ~4200 btc and ~60% has been paid back so far so at most he'd be making off with 1700 btc.

Bitfountain holds at least 200k shares so they must have earned ~100k btc in dividends alone (0.5btc/share).

Now why would the guy who earned tens of thousands of btc legitimately want to scam people for a measly 1700 btc?

NotLambchop

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Quote from: Mabsark on March 07, 2015, 03:54:17 PM

Quote from: NotLambchop on March 07, 2015, 03:41:44 PM

Isn't this the same reasoning that was used to defend all the rest of the scams? Active Mining, NeoBee, Labcoin, etc., etc. Each and every one of them had a bunch of defenders saying that if they wanted to scam, they could'a done much better.

Everyone's a critic. I think they all did pretty well. You think you can do better? Prove it.

Did any of those have a history of producing ASICs and miners?

Wait wat? After the original chip (success), there was just a long descent into failure & fibbin. Everyone knew it was only a matter of time. Made rather evident by lack of promised dividends and, well... Pictures work well for me:

*If the chart looks more pessimistic than it does on Havelock, it's because Havelock price goes down to -2, 'coz he knows how to make a funny & doesn't think much of his sucker's intelligence.

L

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Quote from: ElectricMucus on March 07, 2015, 11:01:00 AM

Exit Scam...

http://motherboard.vice.com/read/darknet-slang-watch-exit-scam

you see it applies to all Bitcoin, not just darknet vendors.

This starts to look like the plausible scenario.

Chris_Sabian

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Quote from: ?? on ??

Quote from: FUR11 on March 07, 2015, 02:46:06 PM

Quote from: btct22 on March 07, 2015, 01:33:04 PM

This dodgy auction https://bitcointalksearch.org/topic/m.10252285 was probably a final push for getting as much coin as possible before the exit. Now we're getting fed bullshit from a number of other users as a cover up.

He could have easily made a lot more money by e.g. announcing BE300 miners with <0.2W/GH/s performance and taking mass pre-orders (resellers would have bought them).

Exactly, if Friedcat wanted to disappear with a scam, he could have done a lot better.
Still not sure what is going on....

+1

Mabsark

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Quote from: NotLambchop on March 07, 2015, 03:41:44 PM

Isn't this the same reasoning that was used to defend all the rest of the scams? Active Mining, NeoBee, Labcoin, etc., etc. Each and every one of them had a bunch of defenders saying that if they wanted to scam, they could'a done much better.

Everyone's a critic. I think they all did pretty well. You think you can do better? Prove it.

Did any of those have a history of producing ASICs and miners?

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: ?? on ??

...
Exactly, if Friedcat wanted to disappear with a scam, he could have done a lot better.
Still not sure what is going on....

Isn't this the same reasoning that was used to defend all the rest of the scams? Active Mining, NeoBee, Labcoin, etc., etc. Each and every one of them had a bunch of defenders saying that if they wanted to scam, they could'a done much better.

Everyone's a critic. I think they all did pretty well. You think you can do better? Prove it.

lucasjkr

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Activity: 644

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Quote from: ElectricMucus on March 07, 2015, 11:01:00 AM

Exit Scam...

http://motherboard.vice.com/read/darknet-slang-watch-exit-scam

you see it applies to all Bitcoin, not just darknet vendors.

It should be less likely in the non-darkner realm of people did due diligence and refused to send their money if a minimum of information was not provided, such as real proof of someone's IRL identity. Darknet, that's understandable, you're dealing with drug dealers whose qctions are illegal by their very nature, and as such there'll always be a level of scams happening over there

But over here, on the clearnet? The line "don't invest more than you can afford to lose" comes to mind, doubly or triply if you're handing your money over to some that you only know by pseudonym. Its one thing to scam people when they have next to no idea about who you are, another thing when they know who you are, and therefore who to file a complaint about to the authorities.

But yeah, if you make sure you know who you're sending your money to, that would cut down on 90% of the scams. But right now, supposing the speculation about friedcat is true, all he really seems poised to lose is the reputation of an Internet pseudonym.

FUR11

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FURring bitcoin up since 1762

Quote from: btct22 on March 07, 2015, 01:33:04 PM

This dodgy auction https://bitcointalksearch.org/topic/m.10252285 was probably a final push for getting as much coin as possible before the exit. Now we're getting fed bullshit from a number of other users as a cover up.

He could have easily made a lot more money by e.g. announcing BE300 miners with <0.2W/GH/s performance and taking mass pre-orders (resellers would have bought them).

btct22

hero member

Activity: 615

Merit: 502

This dodgy auction https://bitcointalksearch.org/topic/m.10252285 was probably a final push for getting as much coin as possible before the exit. Now we're getting fed bullshit from a number of other users as a cover up.

ElectricMucus

legendary

Activity: 1666

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Marketing manager - GO MP

Exit Scam...

http://motherboard.vice.com/read/darknet-slang-watch-exit-scam

you see it applies to all Bitcoin, not just darknet vendors.

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: Franki3 on March 07, 2015, 09:50:40 AM

This thread is so full of trolls. Why don't you just close it?

Welcome to Bitcointalk, newfriend!
This thread was started by friedcat, who was kidnapped by enemies.
He's the one who could lock it, but he's ~~got better things to do~~ ~~loving the lel~~ temporarily indisposed Sad

Franki3

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This thread is so full of trolls. Why don't you just close it?

BlindMayorBitcorn

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Quote from: NotLambchop on March 06, 2015, 06:26:23 PM

And here it is, gentlemen. More gnashing of teeth, more seething, bilious anger aimed squarely at ...who? The one who ran away with ur ~~BTCeanie BTCabies~~ Bitcoins? No. At your mentor, the one who gave so much of himself to stop your aspy faggotry, whose wise warnings went unheeded because you (again!) thought you knew better...

Look at yourselves, gentlemen. Look and be ashamed.

Genius

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 63. (Read 3917058 times)