ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 635.

hlynur

hero member

Activity: 770

Merit: 501

Quote from: finlof on October 25, 2013, 05:15:40 PM

Quote from: jimmothy on October 25, 2013, 03:28:25 PM

Quote from: VolanicEruptor on October 25, 2013, 03:06:54 PM

That's why I think FC should have been on the ball with these rumors and fill us in a bit. His inability to act on this is causing me to sell my shares, and become uninterested in making further purchases of his products. I don't have tolerance for bullshit like this anymore from PR. This isn't good business..

I'm in the same boat. One of the main reasons I bought shares in asicminer was the great communication. The lack of communication/PR in the bitcoin world is honestly unacceptable. Any bitcoin business who deals with more than 1 ~~bitcoin~~ satoshi of customers funds is obligated to keep constant communication with at least those who put their money in that company. Seriously one forum post every 2 weeks from these "business operators" is complete bullshit.

obligated? really? keep dreaming man. hopefully your investments will make money while you dream.

obligated is a bit exaggerated.
I would be content, if AM had a decent website with a shareholders' lounge.
asicminer.info, was a nice approach for communication but was filled with spam accounts and is now down for quite some time.
a forum with restricted accounts connected to the shareholder adresses would be a good platform.
what really got me quite unsettled was the bitcointalk downtime. suddenly the only information source seemed to be the reddit subforum which is really not the best place for such things

hlynur

hero member

Activity: 770

Merit: 501

Quote from: jimmothy on October 25, 2013, 05:00:54 PM

Quote from: hlynur on October 25, 2013, 04:12:18 PM

i'm no expert at this, bought only direct shares on the forum...
isn't bitfunder us-based?
i would stay away from any american market connected with btc assets atm.

Didn't bitfunder just exclude all US customers? I honestly wouldn't have any money in bitfunder.

afaik yes, i'm just reading through http://log.bitcoin-assets.com from time to time (some interesting discussions besides the usual drivel).
with btct closed, bitfunder is the nearest market on muddy grounds (which is US atm).
don't know much about havelock, but canada looks like a safer shot atm.
if holding long, direct shares is best anyway...prevented me from panicselling.
not sure if that was a good or bad thing though. Undecided

(at least friedcat seems like one of the guys that are in the game showing some effort for the long run and not just in for the quick buck)

finlof

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Activity: 630

Merit: 500

Quote from: jimmothy on October 25, 2013, 03:28:25 PM

Quote from: VolanicEruptor on October 25, 2013, 03:06:54 PM

That's why I think FC should have been on the ball with these rumors and fill us in a bit. His inability to act on this is causing me to sell my shares, and become uninterested in making further purchases of his products. I don't have tolerance for bullshit like this anymore from PR. This isn't good business..

I'm in the same boat. One of the main reasons I bought shares in asicminer was the great communication. The lack of communication/PR in the bitcoin world is honestly unacceptable. Any bitcoin business who deals with more than 1 ~~bitcoin~~ satoshi of customers funds is obligated to keep constant communication with at least those who put their money in that company. Seriously one forum post every 2 weeks from these "business operators" is complete bullshit.

obligated? really? keep dreaming man. hopefully your investments will make money while you dream.

jimmothy

hero member

Activity: 770

Merit: 509

Quote from: hlynur on October 25, 2013, 04:12:18 PM

i'm no expert at this, bought only direct shares on the forum...
isn't bitfunder us-based?
i would stay away from any american market connected with btc assets atm.

Didn't bitfunder just exclude all US customers? I honestly wouldn't have any money in bitfunder.

hlynur

hero member

Activity: 770

Merit: 501

i'm no expert at this, bought only direct shares on the forum...
isn't bitfunder us-based?
i would stay away from any american market connected with btc assets atm.

drdops

full member

Activity: 144

Merit: 100

Quote from: dexX7 on October 25, 2013, 03:54:41 PM

Quote from: drdops on October 25, 2013, 03:44:02 PM

Hi guys
I am in europe and I have a few G-asicminer shares on bitfunder. Considering all the uncertainty should I be moving these somewhere else? Can i move them somewhere else? or are they ok for the time being? Any advice/suggestions appreciated. Thanks

If you have more than 250 you may export them to direct shares. As European you should be fine as long as your BF/WeEx account is verified before December 1, 2013.

Wish I had more than 250

In the process of verifying my account.
Thanks

dexX7

legendary

Activity: 1106

Merit: 1026

Quote from: drdops on October 25, 2013, 03:44:02 PM

Hi guys
I am in europe and I have a few G-asicminer shares on bitfunder. Considering all the uncertainty should I be moving these somewhere else? Can i move them somewhere else? or are they ok for the time being? Any advice/suggestions appreciated. Thanks

If you have more than 250 you may export them to direct shares. As European you should be fine as long as your BF/WeEx account is verified before December 1, 2013.

KS

sr. member

Activity: 448

Merit: 250

Quote from: drdops on October 25, 2013, 03:44:02 PM

Hi guys
I am in europe and I have a few G-asicminer shares on bitfunder. Considering all the uncertainty should I be moving these somewhere else? Can i move them somewhere else? or are they ok for the time being? Any advice/suggestions appreciated. Thanks

You need to get "verified" with weexchange.

drdops

full member

Activity: 144

Merit: 100

Hi guys
I am in europe and I have a few G-asicminer shares on bitfunder. Considering all the uncertainty should I be moving these somewhere else? Can i move them somewhere else? or are they ok for the time being? Any advice/suggestions appreciated. Thanks

tinus42

hero member

Activity: 784

Merit: 501

Quote from: SOSLOVE868 on October 24, 2013, 02:43:38 PM

Quote from: freedomno1 on October 24, 2013, 02:41:09 PM

Quote from: realdos on October 24, 2013, 02:27:51 PM

http://v.youku.com/v_show/id_XNjI1OTIxMTc2.html

One of our group members in Chinese community had an interview with Friedcat today. Above is the brief introduction of what Friedcat has done and planned to be accomplished in the next months.
To be short:
1. 1000T would be released around Nov 7th. These chips may be sold or deployed, depending on the situation then.
2. 2nd Gen chips have already been developed long time ago. But they were delayed to deploy considering the unsatisfactory performance.
3. 3rd Gen chips were also under development during that period. It is already developed now but still under test. It is expected to become a mature product in Feb 2014, which means its key indicators would be much better than those of its competitors. It is estimated that the network hashing power would be 1000p then, while Friedcat would deliver several hundred of it.

Hmm anyone fluent in Chinese want to confirm or deny the video

Confirm that is what the interview said...

Is she a known person in the Chinese community (to the extent of making her a reliable source)?

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

telling volcanic eruptor to chill out? priceless.

jimmothy

hero member

Activity: 770

Merit: 509

Quote from: VolanicEruptor on October 25, 2013, 03:06:54 PM

That's why I think FC should have been on the ball with these rumors and fill us in a bit. His inability to act on this is causing me to sell my shares, and become uninterested in making further purchases of his products. I don't have tolerance for bullshit like this anymore from PR. This isn't good business..

I'm in the same boat. One of the main reasons I bought shares in asicminer was the great communication. The lack of communication/PR in the bitcoin world is honestly unacceptable. Any bitcoin business who deals with more than 1 ~~bitcoin~~ satoshi of customers funds is obligated to keep constant communication with at least those who put their money in that company. Seriously one forum post every 2 weeks from these "business operators" is complete bullshit.

notme

legendary

Activity: 1904

Merit: 1002

Press release Sunday, chill out.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

Quote from: jimmothy on October 25, 2013, 02:57:16 PM

Quote from: KCBitcoin on October 25, 2013, 02:05:30 PM

Quote from: realdos on October 24, 2013, 02:27:51 PM

http://v.youku.com/v_show/id_XNjI1OTIxMTc2.html

One of our group members in Chinese community had an interview with Friedcat today. Above is the brief introduction of what Friedcat has done and planned to be accomplished in the next months.
To be short:
1. 1000T would be released around Nov 7th. These chips may be sold or deployed, depending on the situation then.
2. 2nd Gen chips have already been developed long time ago. But they were delayed to deploy considering the unsatisfactory performance.
3. 3rd Gen chips were also under development during that period. It is already developed now but still under test. It is expected to become a mature product in Feb 2014, which means its key indicators would be much better than those of its competitors. It is estimated that the network hashing power would be 1000p then, while Friedcat would deliver several hundred of it.

Hi Realdos,

I think friedcat played some word game here.
From 1:45 to 2:06 in the video, the girl said friedcat told her that, by Nov 7th, he will have sold a total amount of 1000T since the beginning of this mining business.
i.e. this 1000T is a grand total counting all the hardware sold in the past, not that he will release another 1000T around the 7th.

KC

Source? Did you translate yourself? What makes you think it is total TH sold not total to be deployed? I do honestly think 1000 th deployed on nov 7 is too good to be true and this sounds much more reasonable.

That's why I think FC should have been on the ball with these rumors and fill us in a bit. His inability to act on this is causing me to sell my shares, and become uninterested in making further purchases of his products. I don't have tolerance for bullshit like this anymore from PR. This isn't good business..

jimmothy

hero member

Activity: 770

Merit: 509

Quote from: KCBitcoin on October 25, 2013, 02:05:30 PM

Quote from: realdos on October 24, 2013, 02:27:51 PM

http://v.youku.com/v_show/id_XNjI1OTIxMTc2.html

One of our group members in Chinese community had an interview with Friedcat today. Above is the brief introduction of what Friedcat has done and planned to be accomplished in the next months.
To be short:
1. 1000T would be released around Nov 7th. These chips may be sold or deployed, depending on the situation then.
2. 2nd Gen chips have already been developed long time ago. But they were delayed to deploy considering the unsatisfactory performance.
3. 3rd Gen chips were also under development during that period. It is already developed now but still under test. It is expected to become a mature product in Feb 2014, which means its key indicators would be much better than those of its competitors. It is estimated that the network hashing power would be 1000p then, while Friedcat would deliver several hundred of it.

Hi Realdos,

I think friedcat played some word game here.
From 1:45 to 2:06 in the video, the girl said friedcat told her that, by Nov 7th, he will have sold a total amount of 1000T since the beginning of this mining business.
i.e. this 1000T is a grand total counting all the hardware sold in the past, not that he will release another 1000T around the 7th.

KC

Source? Did you translate yourself? What makes you think it is total TH sold not total to be deployed? I do honestly think 1000 th deployed on nov 7 is too good to be true and this sounds much more reasonable.

Mausini

full member

Activity: 177

Merit: 100

Quote from: KCBitcoin on October 25, 2013, 02:05:30 PM

Quote from: realdos on October 24, 2013, 02:27:51 PM

http://v.youku.com/v_show/id_XNjI1OTIxMTc2.html

One of our group members in Chinese community had an interview with Friedcat today. Above is the brief introduction of what Friedcat has done and planned to be accomplished in the next months.
To be short:
1. 1000T would be released around Nov 7th. These chips may be sold or deployed, depending on the situation then.
2. 2nd Gen chips have already been developed long time ago. But they were delayed to deploy considering the unsatisfactory performance.
3. 3rd Gen chips were also under development during that period. It is already developed now but still under test. It is expected to become a mature product in Feb 2014, which means its key indicators would be much better than those of its competitors. It is estimated that the network hashing power would be 1000p then, while Friedcat would deliver several hundred of it.

Hi Realdos,

I think friedcat played some word game here.
From 1:45 to 2:06 in the video, the girl said friedcat told her that, by Nov 7th, he will have sold a total amount of 1000T since the beginning of this mining business.
i.e. this 1000T is a grand total counting all the hardware sold in the past, not that he will release another 1000T around the 7th.

KC

Nobody wants to know Cheesy

KCBitcoin

full member

Activity: 224

Merit: 100

Quote from: realdos on October 24, 2013, 02:27:51 PM

http://v.youku.com/v_show/id_XNjI1OTIxMTc2.html

One of our group members in Chinese community had an interview with Friedcat today. Above is the brief introduction of what Friedcat has done and planned to be accomplished in the next months.
To be short:
1. 1000T would be released around Nov 7th. These chips may be sold or deployed, depending on the situation then.
2. 2nd Gen chips have already been developed long time ago. But they were delayed to deploy considering the unsatisfactory performance.
3. 3rd Gen chips were also under development during that period. It is already developed now but still under test. It is expected to become a mature product in Feb 2014, which means its key indicators would be much better than those of its competitors. It is estimated that the network hashing power would be 1000p then, while Friedcat would deliver several hundred of it.

Hi Realdos,

I think friedcat played some word game here.
From 1:45 to 2:06 in the video, the girl said friedcat told her that, by Nov 7th, he will have sold a total amount of 1000T since the beginning of this mining business.
i.e. this 1000T is a grand total counting all the hardware sold in the past, not that he will release another 1000T around the 7th.

KC

muyuu

donator

Activity: 980

Merit: 1000

Quote from: g83 on October 25, 2013, 09:49:37 AM

Quote from: muyuu on October 25, 2013, 09:39:37 AM

So now it's when we go back to BTC4, right?

nope, to BTC5

I stand corrected.

bitcoin.newsfeed

sr. member

Activity: 378

Merit: 250

Friendly reminder :

Guys, that discussion about "btc/usd vs share price" is for another thread. I see this discussion here every 10 pages ... Roll Eyes

Also that endless screaming about movements of share price is annoying, for this we have ASICMINER Speculation Thread

+1 for long positions.

Rival

hero member

Activity: 504

Merit: 502

When one says that a bitcoin has doubled in value it does not mean that new wealth has been created from air.

V = N / P

where V is the value of bitcoins, N is the number of bitcoins required for a purchase, and P is the number of units of an asset being purchased.

When V is doubled, either N must double, P must decrease by 50%, or a combination of movements in both N and P to ensure that their result is twice what it was originally. This is basic economics. It does not get much simpler than this. An increase in the value of a currency only gets you an advantage for a limited time due to the inelasticity of prices. But they will adjust eventually leaving you exactly where you started.

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