ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 854.

runeks

legendary

Activity: 980

Merit: 1008

Quote from: canth on July 14, 2013, 12:31:32 PM

Quote from: runeks on July 14, 2013, 12:28:55 PM

So what's the best place to buy ASICMINER put options?

BTC-TC only has TWO contracts available. And they both have huge premiums.

Is there something better anywhere?

Put out how many you're looking for, what strike and premium you're looking for and what your time frame is - you'll get people to put them up. Possibly myself included.

Fair request.

I'm looking to buy 20 American style put options with a strike price of 3.0 BTC and a duration of 90 days for 0.25 BTC per contract.

Quote from: binaryFate on July 14, 2013, 12:53:25 PM

Quote from: canth on July 14, 2013, 12:31:32 PM

Quote from: runeks on July 14, 2013, 12:28:55 PM

So what's the best place to buy ASICMINER put options?

BTC-TC only has TWO contracts available. And they both have huge premiums.

Is there something better anywhere?

Put out how many you're looking for, what strike and premium you're looking for and what your time frame is - you'll get people to put them up. Possibly myself included.

If anybody has a link that explains how simply as possible how these put options work, please share. I'm a complete layman with this.

An American style put option is a contract that entitles the owner the right, but not the obligation, to sell the specified asset at the specified price (called the strike price) within the specified period.

If it's European style then it's at the expiration date.

notme

legendary

Activity: 1904

Merit: 1002

Quote from: binaryFate on July 14, 2013, 12:53:25 PM

Quote from: canth on July 14, 2013, 12:31:32 PM

Quote from: runeks on July 14, 2013, 12:28:55 PM

So what's the best place to buy ASICMINER put options?

BTC-TC only has TWO contracts available. And they both have huge premiums.

Is there something better anywhere?

Put out how many you're looking for, what strike and premium you're looking for and what your time frame is - you'll get people to put them up. Possibly myself included.

If anybody has a link that explains how simply as possible how these put options work, please share. I'm a complete layman with this.

http://en.wikipedia.org/wiki/Put_option

binaryFate

legendary

Activity: 1512

Merit: 1012

Still wild and free

Quote from: canth on July 14, 2013, 12:31:32 PM

Quote from: runeks on July 14, 2013, 12:28:55 PM

So what's the best place to buy ASICMINER put options?

BTC-TC only has TWO contracts available. And they both have huge premiums.

Is there something better anywhere?

Put out how many you're looking for, what strike and premium you're looking for and what your time frame is - you'll get people to put them up. Possibly myself included.

If anybody has a link that explains how simply as possible how these put options work, please share. I'm a complete layman with this.

canth

legendary

Activity: 1442

Merit: 1001

Quote from: runeks on July 14, 2013, 12:28:55 PM

So what's the best place to buy ASICMINER put options?

BTC-TC only has TWO contracts available. And they both have huge premiums.

Is there something better anywhere?

Put out how many you're looking for, what strike and premium you're looking for and what your time frame is - you'll get people to put them up. Possibly myself included.

runeks

legendary

Activity: 980

Merit: 1008

So what's the best place to buy ASICMINER put options?

BTC-TC only has TWO contracts available. And they both have huge premiums.

Is there something better anywhere?

organofcorti

donator

Activity: 2058

Merit: 1007

Poor impulse control.

Quote from: yuchuanzhen on July 14, 2013, 08:55:28 AM

Quote from: organofcorti on July 14, 2013, 08:49:31 AM

So ASICMiner has not mentioned any working relationship with them?

No.They don't.
Again,as i know.

Ah well.Maybe it's a coincidence.

yuchuanzhen

full member

Activity: 234

Merit: 100

Quote from: organofcorti on July 14, 2013, 08:49:31 AM

So ASICMiner has not mentioned any working relationship with them?

No.They don't.
Again,as i know.

organofcorti

donator

Activity: 2058

Merit: 1007

Poor impulse control.

Quote from: yuchuanzhen on July 14, 2013, 08:45:49 AM

Quote from: organofcorti on July 14, 2013, 07:36:30 AM

Does anyone here know of a relationship between ASICMiner and DiscusFish?

I see a clear correlation between their hashrates. While correlation != causation, is DiscusFish maybe renting a percent of ASICMiner's hashrate? Are investors being paid a little extra?

http://www.reddit.com/r/Bitcoin/comments/1i9ts8/is_asicminer_renting_hashes_to_discusfish_and_if/

As I know,they are both chinese,so am i.
And ,that's all.

So ASICMiner has not mentioned any working relationship with them?

yuchuanzhen

full member

Activity: 234

Merit: 100

Quote from: organofcorti on July 14, 2013, 07:36:30 AM

Does anyone here know of a relationship between ASICMiner and DiscusFish?

I see a clear correlation between their hashrates. While correlation != causation, is DiscusFish maybe renting a percent of ASICMiner's hashrate? Are investors being paid a little extra?

http://www.reddit.com/r/Bitcoin/comments/1i9ts8/is_asicminer_renting_hashes_to_discusfish_and_if/

As I know,they are both chinese,so am i.
And ,that's all.

organofcorti

donator

Activity: 2058

Merit: 1007

Poor impulse control.

Quote from: aahzmundus on July 14, 2013, 08:06:39 AM

Quote from: organofcorti on July 14, 2013, 07:36:30 AM

Does anyone here know of a relationship between ASICMiner and DiscusFish? I see a clear correlation between their hashrates. While correlation != causation, is DiscusFish maybe renting a percent of ASICMiner's hashrate? Are investors being paid a little extra?

Well, our hashrate numbers we have is an estimate right? So if we are currently unlucky... and therefore our estimates drop, it stands to reason that someone else IS lucky. Therefore when you are only comparing estimates, yes they should be weekly correlated in the way you suggest, right?

No - I know what you mean, but that's not the sort of correlation I'm referring to.

Pool hashrates tend to be uncorrelated. For example, none of the pools below have a history of correlated hashrates - except for the two yellow lines, ASICMiner solo and DiscusFish.

aahzmundus

hero member

Activity: 644

Merit: 500

Invest & Earn: https://cloudthink.io

Quote from: organofcorti on July 14, 2013, 07:36:30 AM

Does anyone here know of a relationship between ASICMiner and DiscusFish? I see a clear correlation between their hashrates. While correlation != causation, is DiscusFish maybe renting a percent of ASICMiner's hashrate? Are investors being paid a little extra?

Well, our hashrate numbers we have is an estimate right? So if we are currently unlucky... and therefore our estimates drop, it stands to reason that someone else IS lucky. Therefore when you are only comparing estimates, yes they should be weekly correlated in the way you suggest, right?

organofcorti

donator

Activity: 2058

Merit: 1007

Poor impulse control.

Does anyone here know of a relationship between ASICMiner and DiscusFish?

I see a clear correlation between their hashrates. While correlation != causation, is DiscusFish maybe renting a percent of ASICMiner's hashrate? Are investors being paid a little extra?

http://www.reddit.com/r/Bitcoin/comments/1i9ts8/is_asicminer_renting_hashes_to_discusfish_and_if/

BlackLilac Jordan

full member

Activity: 163

Merit: 100

Quote from: Lohoris on July 13, 2013, 11:28:32 AM

Quote from: nubbins on July 13, 2013, 11:20:44 AM

The amount of kicking and screaming is going to play a large part in determining just where this train is taking us. I invite you to contemplate a universe in which MPOE-PR's forum nickname is WorldBank-PR or IMF-PR.

I... don't think so.

Most rude people and trolls behave this way because they are protected by the pseudonimity of the Internet: if their identity was matched to a real world entity, I doubt many of them would still behave this way.

Totally right.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

Go back a week and average the hashrate up until now.

There you go..

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: schnuber on July 13, 2013, 11:24:07 AM

Quote from: ThickAsThieves on July 13, 2013, 09:27:32 AM

Quote from: schnuber on July 13, 2013, 08:59:43 AM

Can someone explain why there is so much fluctuation in the ASICMINER mining share?

The stock has been volatile for a while now. It's just that no one complains when it's going and up, up, up.

No, no. You did not understand me. I did not complain that the stock is going down. I was asking why the mining power of the ASICMINER pool fluctuates quite widely. Are they turning their Mining Rigs ON and OFF all the time?

friedcat has explained several times when the hashrate has changed significantly. I don't expect him to pop up every time a router goes down ...

Also, the numbers you see for hashrates are not *not real*. They are guestimates based on blocks found. How accurate the guestimates are .... needs a statistician to answer.

Strange Vlad

full member

Activity: 140

Merit: 100

Quote from: schnuber on July 13, 2013, 11:24:07 AM

No, no. You did not understand me. I did not complain that the stock is going down. I was asking why the mining power of the ASICMINER pool fluctuates quite widely. Are they turning their Mining Rigs ON and OFF all the time?

You should understand that we don't (yet) know about how much is the mining power of ASICMINER at any given moment. We can only estimate it from the generation times of the blocks. As the generation time is a pseudorandom number, it is statistically inevitable that the estimation is always inaccurate. They could have done anything with their rigs, or not done anything in spite what may seem looking at the estimation graph..

ThickAsThieves

hero member

Activity: 518

Merit: 500

Quote from: schnuber on July 13, 2013, 11:24:07 AM

Quote from: ThickAsThieves on July 13, 2013, 09:27:32 AM

Quote from: schnuber on July 13, 2013, 08:59:43 AM

Can someone explain why there is so much fluctuation in the ASICMINER mining share?

The stock has been volatile for a while now. It's just that no one complains when it's going and up, up, up.

No, no. You did not understand me. I did not complain that the stock is going down. I was asking why the mining power of the ASICMINER pool fluctuates quite widely. Are they turning their Mining Rigs ON and OFF all the time?

Oh! This caused either by variance (luck), or them testing/burning in new blades, or some kind of dynamic management of hashpower to try and stay at a certain % of nethash or total revenue from mining.

I have no idea if it's one or all of those things though.

Lohoris

hero member

Activity: 630

Merit: 500

Bitgoblin

Quote from: tinus42 on July 13, 2013, 11:28:02 AM

It's a matter of time before all Bitcoin financial companies will fall under the scope of the SEC, CFTC, FINCEN and other regulators / LE agencies.

With the difference that the more they try to regulate it, the more resistance they will meet, with companies just ignoring those regulations.
If they are smart they'll try to regulate the bare minimum.

Lohoris

hero member

Activity: 630

Merit: 500

Bitgoblin

Quote from: nubbins on July 13, 2013, 11:20:44 AM

The amount of kicking and screaming is going to play a large part in determining just where this train is taking us. I invite you to contemplate a universe in which MPOE-PR's forum nickname is WorldBank-PR or IMF-PR.

I... don't think so.

Most rude people and trolls behave this way because they are protected by the pseudonimity of the Internet: if their identity was matched to a real world entity, I doubt many of them would still behave this way.

tinus42

hero member

Activity: 784

Merit: 501

Quote from: ThickAsThieves on July 13, 2013, 11:03:41 AM

In that sense, I think part of what you are seeing in bitcoin is small business style management and behavior, in an industry that has been traditionally one of big businesses. You'd never see things like the programmer being the CEO, PR, and CS rep for a financial service in the "real world".

In the real world one needs to be licensed and regulated just to be able to participate in financial services. It's a matter of time before all Bitcoin financial companies will fall under the scope of the SEC, CFTC, FINCEN and other regulators / LE agencies.

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