New ASICMINER Weekly Write-Up! This time instead of posting directly in the thread, I am writing and hosting it on a Google doc. This way I can format things better, add a table of contents for older posts... all sorts of nice things.
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https://docs.google.com/document/d/18ZQsYx0dYWV-mlO8szVAYKJfaVZMueH_crS0UMzBfbk/edit?usp=sharing
Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 861. (Read 3917543 times)
We're still around 25% returns on ASICMINER-PT...
As we get closer to what traditional investors and investments can get, will those investors require more data and transparency?
Is there a reason virtual markets would be willing to shoulder more risk for equal or less returns than traditional markets?
As we get closer to what traditional investors and investments can get, will those investors require more data and transparency?
Is there a reason virtual markets would be willing to shoulder more risk for equal or less returns than traditional markets?
Looks like the compared to last week mined did not reset this week
Yes he probably thinks that because his company was one of the best investments in the history of mankind he can deviate slightly from the scheduled Thursday updates and only post when he has something important to say, and everyone will still be happy.
He must not know the Bitcoin community very well.
He must not know the Bitcoin community very well.
I tend to appreciate people who keep their cakeholes closed unless they have something useful to say.
It makes what they do have to say somehow seem more valuable. I am sure FC will give an announcement when he has something substantial to say. No news really does mean no news most of the time.
It makes what they do have to say somehow seem more valuable. I am sure FC will give an announcement when he has something substantial to say. No news really does mean no news most of the time.
Thank you for the answers.
I suppose there's nothing important to say. Slightly annoying after several weeks, but it's just my opinion.
As anyone who attended last August's IPO skype camera meeting could tell, I'm not in the photo. 
I suppose there's nothing important to say. Slightly annoying after several weeks, but it's just my opinion.
Where is the 10th of July announcement?
This was posted on the 10th.
I've checked friedcat posts and did not see any announcement yesterday.
He did not announce anything yesterday, it was assumed he was going to. I am hoping we hear something today
He responded to the questions organized by ThickAsThieves, ianp, VJain, and Franktank:
https://bitcointalksearch.org/topic/m.2687050
I'm assuming the next update will come when they are ready to announce the new blades for sale. I thought it might have been coming yesterday, but I'm sure it will be soon.
Where is the 10th of July announcement?
This was posted on the 10th.
I've checked friedcat posts and did not see any announcement yesterday.
He did not announce anything yesterday, it was assumed he was going to. I am hoping we hear something today
I don't know who started the rumor of "an announcement to be made 10th of July", but it certainly was never said by friedcat himself. Only thing he has mentioned, is that hardware will be in stock "in the beginning of July". That deadline seems to be running out, but it also seems like he has delivered on the promise without actually making an announcement here, because the USB miners are already in stock.
He might be waiting for the Blades to make an announcement. Or perhaps decided that announcements are for chumps, and he'll just deal directly with the distributors without making announcements to his fan club in here.
Where is the 10th of July announcement?
This was posted on the 10th.
I've checked friedcat posts and did not see any announcement yesterday.
He did not announce anything yesterday, it was assumed he was going to. I am hoping we hear something today
Where is the 10th of July announcement?
This was posted on the 10th.
I've checked friedcat posts and did not see any announcement yesterday.
Where is the 10th of July announcement?
This was posted on the 10th.
As anyone who attended last August's IPO skype camera meeting could tell, I'm not in the photo.
But in all seriousness, I'm a bit disappointed that there hasn't been word on the half-blades....It'd be a good time to know how to read Chinese characters I think.
Where is the 10th of July announcement?
I'm surprised during this whole comparison that the Bitfunder G.ASICMINER-PT isn't being called out on slow dividend payments.
Probably due to that it varies,Sometimes I am the fastest,
Sometimes I am the slowest.
It depends on what else is going on and how fast I can get things done.
//DeaDTerra
The situations are quite different.
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Very good points.
Response here: https://bitcointalksearch.org/topic/m.2704053
I'm surprised during this whole comparison that the Bitfunder G.ASICMINER-PT isn't being called out on slow dividend payments.
Having to decided between two very trustworthy, well-run passthroughs is what you call one of them good problems. We can always use both. :-)
True enough he-he slight edit
Having to decided between two very trustworthy, well-run passthroughs is what you call one of them first-world problems. We can always use both. :-)
Having to decided between two very trustworthy, well-run passthroughs is what you call one of them good problems. We can always use both. :-)
Updated my post up above regarding export transfers. Definitely not worth stirring things up over it.
.2%+.2% if you turn on 2FA. Positive reinforcement.
I'd like to note that there is a slight difference in trading fees: .4% when selling on Havelock compared to .25%+.25% when buying and selling on btct.co
.2%+.2% if you turn on 2FA. Positive reinforcement.
As anyone who attended last August's IPO skype camera meeting could tell, I'm not in the photo.
Ha-ha So he does read it now and then
Great to hear from you
After much planning and preparation, I'm proud to announce that Havelock & TAT Investments will be providing a new venue for you to trade full shares of ASICMINER.
This asset works much like ASICMINER-PT on BTCT.co, with total support for importing & exporting of direct shares as well as ASICMINER-PT & G.ASICMINER
This passthrough also pays 100% of dividends!
Launch Date/Time to be announced soon! Imports are being accepted immediately!
As part of this launch the other fractional passthrough, named ASICM, will be renamed to AM100, to make the names more informative:
AM1 = Full Shares
AM100 = Fractional Shares
NOTE: None of the fractional shares are currently eligible for importing into this new asset (TAT.ASICMINER, nor AM100).
Full details here: https://bitcointalksearch.org/topic/havelock-am1-asicminer-full-share-pt-no-mgmt-fees-importexport-253673
This asset works much like ASICMINER-PT on BTCT.co, with total support for importing & exporting of direct shares as well as ASICMINER-PT & G.ASICMINER
This passthrough also pays 100% of dividends!
Launch Date/Time to be announced soon! Imports are being accepted immediately!
As part of this launch the other fractional passthrough, named ASICM, will be renamed to AM100, to make the names more informative:
AM1 = Full Shares
AM100 = Fractional Shares
NOTE: None of the fractional shares are currently eligible for importing into this new asset (TAT.ASICMINER, nor AM100).
Full details here: https://bitcointalksearch.org/topic/havelock-am1-asicminer-full-share-pt-no-mgmt-fees-importexport-253673
Saw this a while ago nice TAT
Was not expecting another pass but it makes sense as hav only was using the 1/100's
To world domination XD
Havelock is a good exchange been using them for a long while now by a while I mean before fees
Havelock
Trading Fees
Trading fees effective June 1st, 2013, are a very low 0.4% of the transaction value, calculated only when SELLing units. There is no fee for BUYing units.
0 Buy 0.4% Sell
BTCT
0.25% Buy/Sell 1FA 0.2% Buy/Sell 2 FA
Trades using 2FA (Buyer): 0.2% (Trade Value X 0.002)
Trades using 2FA (Seller): 0.2% (Trade Value X 0.002)
Trades not using 2FA (Buyer): 0.25% (Trade Value X 0.0025)
Trades not using 2FA (Seller): 0.25% (Trade Value X 0.0025)
Bitfunder for reference
Tier Volume Max Fee Rate
Tier 1 ฿0 BTC 1%
Tier 2 ฿50 BTC 0.9%
Tier 3 ฿100 BTC 0.8%
Tier 4 ฿500 BTC 0.7%
Tier 5 ฿1,000 BTC 0.6%
Tier 6 ฿2,500+ BTC 0.5%
User contacts DT, says "I want to transfer to ASICMINER-PT" or user contact me, says "I want to transfer to G.ASICMINER". DT and I then transfer directly from one PT to the other via Friedcat. This is much faster than transferring out of one, then into the other. One transfer rather than two.
Exporting to Friedcat or DeadTerra's or Burnside's accounts with Friedcat are all fair game with AM1. The form will be up in a matter of days, and any export requests will be facilitated within the timeframes mentioned above.
I apologize if the form aspect makes things unclear for the moment, but the purpose is to provide better service, not lesser. I have added some temporary language to the description to clarify this while Havelock builds the form out.
I don't think an exchange (Havelock) paying issuers to operate assets is much different. Such situations could potentially be abused, but it's not very likely on a PT.
Such situations could potentially be abused, but it's not very likely on a PT. The situations are quite different.
The potential conflicts of interest of being an exchange operator and asset issuer at the same time include these possibilities:
- The operator can stall arbitrage by delaying manual bitcoin withdrawals. This provides a front-runner advantage by delaying bitcoin withdrawals to buy cheaper elsewhere before other BTCT.co customers can.
- The operator can trade freely, without worrying about most trade fees. This provides opportunity to inflate volume, and manipulate prices with low risk.
- The operator can see who owns shares, who represents any order, who is depositing/withdrawing coin, who is importing/exporting shares, who is running bots, and pretty much anything that may give an advantage over customers.
I want to be clear that I respect Burnside and BTCT.co, and I am not accusing anyone of anything, but the reality is that a PT operator has much less power than one that is also running the exchange.
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