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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 862. (Read 3917543 times)

full member
Activity: 196
Merit: 100
That fee is very small right? I tried to find it for btct but couldn't, anyone know what the dividend cut is?
5%

That might be worth it.. anyone use havelock and like them?

I've been dealing with Havelock management over the last couple of weeks regarding the listing of my fund. They seem quite professional and are looking at ways to make it a more prominent exchange.

The platform is easy to use once you spend 5 minutes getting the hang of it.

It seems like TAT and Burnside are essentially offering the same service from the POV of an investor. It may come down to trust issues. (for some reason i trust burnside more than TAT, but that's just me)

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
legendary
Activity: 1106
Merit: 1006
Lead Blockchain Developer
Please correct your post, it is incorrect.

AM1 has the same export abilities as ASICMINER-PT, the form that is being added is an ADDITIONAL convenience

I apologize if I read the contract incorrectly:

Your portrayal of interexchange transfers as anything different than using FC as a medium is misleading as well.

Nah, it's exactly how I described it.  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.

Your portrayal of counterparty risk could also be painted as a negative for BTCT because the exchange operator running his own assets is a conflict of interest. I won't go into detail why because I don't want people to think I am making accusations in that regard.

I don't think an exchange (Havelock) paying issuers to operate assets is much different.  Smiley  Such situations could potentially be abused, but it's not very likely on a PT.  

Cheers.
newbie
Activity: 14
Merit: 0
That fee is very small right? I tried to find it for btct but couldn't, anyone know what the dividend cut is?
5%

No dividend cuts on btct.co's ASICMINER-PT.  ASICMINER-PT has no management fee.

TAT.ASICMINER maybe 5%?

stick with burns here folks = he is the man!  Cool
hero member
Activity: 518
Merit: 500
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

Fantastic news!

So what is the advantage of this one compared to bitfunder and btct.co ? And what kind of profit will TAT get ?

The advantage over BitFunder is that the trade fees are lower, and the export restrictions are better at Havelock.

The advantage over BTCT & BitFunder is that I will allow importing of other PT shares (ASICMINER-PT & G.ASICMINER) without having to go through Friedcat first.

Havelock is paying me a small fee to manage the asset in order to have it on their exchange. There are no management fees against dividends.

Worded slightly differently from the ASICMINER-PT perspective:

- No advantage over BTCT on the trade fees.
- No advantage over BTCT for importing/exporting directly with Friedcat.

+ AM1 advantage over ASICMINER-PT for fast imports from other exchanges.  (great idea TAT, we may have to borrow this!)
- AM1 disadvantage over ASICMINER-PT for exports.  There is currently no way to export your shares to direct shares from AM1 and no way to export your shares to other exchanges.  As of this post it's a one way trip.  Note that they do say it's coming via a web based form, but unless it supports plugging in a destination of exchange:username (eg bitfunder:burnside) you will not be able to transfer direct from exchange to exchange like you can now between Bitfunder and BTCT.  DeaDTerra and I both support direct exchange transfers already, it just takes a day or two for Friedcat to confirm the transactions between our respective ASICMINER accounts.

- AM1 disadvantage over ASICMINER-PT for volume.
- AM1 disadvantage over ASICMINER-PT for counter-party risk.  You have to trust three organizations (AM, Havelock, TAT) with your shares instead of just two. (AM, BTCT)
- AM1 disadvantage over ASICMINER-PT for counter-party risk.  BTCT sends full shareholder lists directly to Friedcat via email several times a day.  If BTCT closes suddenly, Friedcat already has records of what everyone owns to within the last few hours.

I'll also re-iterate that BTCT has no management fee.  100% of divs are passed through.

Cheers.


Please correct your post, it is incorrect.

AM1 has the same export abilities as ASICMINER-PT, the form that is being added is an ADDITIONAL convenience to have better security and proof of identity to avoid export fraud. Your portrayal of interexchange transfers as anything different than using FC as a medium is misleading as well.

Yes, AM-PT has more volume, for now Wink

AM1 also provides 100% of dividends without management fees.

Havelock also backs up all shareholder counts and emails, and I also do so independently.

Your portrayal of counterparty risk could also be painted as a negative for BTCT because the exchange operator running his own assets is a conflict of interest. I won't go into detail why this is undesirable, because I don't want people to think I am making accusations in that regard.
legendary
Activity: 1106
Merit: 1006
Lead Blockchain Developer
And so the PT wars begin...

LOL, nah.  It's not like that.  Wink

Just want to make sure people know the differences so they can pick what fits them personally.  Pretty awesome how many great options there are out there now.

legendary
Activity: 1372
Merit: 1000
That fee is very small right? I tried to find it for btct but couldn't, anyone know what the dividend cut is?
5%

That might be worth it.. anyone use havelock and like them?

For the most part I trust them. (They are open and reliable)
I have seen them buy some obsolete server hardware on auction for mining just before ASICs were released (a huge waist of cash) IMO abuse but at least it is public.

I like there platform and in general they have been discerning. Not 100% sure about AM1 (at least I have a problem with contributors having "thieves" in there name.) And I can't see how they make revenue from that stock.

HMI the primary fund will benefit from the AM100 stock, in that it gives them a board seat. It still remains to be seen it Power corrupts, and if there success leads to generosity or greed. But for now to 12 months away it looks good.
sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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

Fantastic news!

So what is the advantage of this one compared to bitfunder and btct.co ? And what kind of profit will TAT get ?

The advantage over BitFunder is that the trade fees are lower, and the export restrictions are better at Havelock.

The advantage over BTCT & BitFunder is that I will allow importing of other PT shares (ASICMINER-PT & G.ASICMINER) without having to go through Friedcat first.

Havelock is paying me a small fee to manage the asset in order to have it on their exchange. There are no management fees against dividends.

Worded slightly differently from the ASICMINER-PT perspective:

- No advantage over BTCT on the trade fees.
- No advantage over BTCT for importing/exporting directly with Friedcat.

+ AM1 advantage over ASICMINER-PT for fast imports from other exchanges.  (great idea TAT, we may have to borrow this!)
- AM1 disadvantage over ASICMINER-PT for exports.  There is currently no way to export your shares to direct shares from AM1 and no way to export your shares to other exchanges.  As of this post it's a one way trip.  Note that they do say it's coming via a web based form, but unless it supports plugging in a destination of exchange:username (eg bitfunder:burnside) you will not be able to transfer direct from exchange to exchange like you can now between Bitfunder and BTCT.  DeaDTerra and I both support direct exchange transfers already, it just takes a day or two for Friedcat to confirm the transactions between our respective ASICMINER accounts.

- AM1 disadvantage over ASICMINER-PT for volume.
- AM1 disadvantage over ASICMINER-PT for counter-party risk.  You have to trust three organizations (AM, Havelock, TAT) with your shares instead of just two. (AM, BTCT)
- AM1 disadvantage over ASICMINER-PT for counter-party risk.  BTCT sends full shareholder lists directly to Friedcat via email several times a day.  If BTCT closes suddenly, Friedcat already has records of what everyone owns to within the last few hours.

I'll also re-iterate that BTCT has no management fee.  100% of divs are passed through.

Cheers.


And so the PT wars begin...
legendary
Activity: 1106
Merit: 1006
Lead Blockchain Developer
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

Fantastic news!

So what is the advantage of this one compared to bitfunder and btct.co ? And what kind of profit will TAT get ?

The advantage over BitFunder is that the trade fees are lower, and the export restrictions are better at Havelock.

The advantage over BTCT & BitFunder is that I will allow importing of other PT shares (ASICMINER-PT & G.ASICMINER) without having to go through Friedcat first.

Havelock is paying me a small fee to manage the asset in order to have it on their exchange. There are no management fees against dividends.

Worded slightly differently from the ASICMINER-PT perspective:

- No advantage over BTCT on the trade fees.
- No advantage over BTCT for importing/exporting directly with Friedcat.

+ AM1 advantage over ASICMINER-PT for fast imports from other exchanges.  (great idea TAT, we may have to borrow this!)

Regarding ASICMINER-PT exports, DeaDTerra and I both support direct exchange transfers already, it just takes a day or two for Friedcat to confirm the transactions between our respective ASICMINER accounts.

- AM1 disadvantage over ASICMINER-PT for volume.
- AM1 disadvantage over ASICMINER-PT for counter-party risk.  You have to trust three organizations (AM, Havelock, TAT) with your shares instead of just two. (AM, BTCT)
- AM1 disadvantage over ASICMINER-PT for counter-party risk.  BTCT sends full shareholder lists directly to Friedcat via email several times a day.  If BTCT closes suddenly, Friedcat already has records of what everyone owns to within the last few hours.

I'll also re-iterate that BTCT has no management fee.  100% of divs are passed through.

Cheers.
cp1
hero member
Activity: 616
Merit: 500
Stop using branwallets
Yeah, I was talking about TAT.ASICMINER (1/100 shares) -- thought that's what the poster was asking about.
legendary
Activity: 1190
Merit: 1001
That fee is very small right? I tried to find it for btct but couldn't, anyone know what the dividend cut is?
5%

No dividend cuts on btct.co's ASICMINER-PT.  ASICMINER-PT has no management fee.

TAT.ASICMINER maybe 5%?

Thanks for the info!
legendary
Activity: 1106
Merit: 1006
Lead Blockchain Developer
That fee is very small right? I tried to find it for btct but couldn't, anyone know what the dividend cut is?
5%

No dividend cuts on btct.co's ASICMINER-PT.  ASICMINER-PT has no management fee.

TAT.ASICMINER maybe 5%?
hero member
Activity: 518
Merit: 500
Would I be able to transfer all my shares from btct to havelock before the dividend?

AM1 dividends do not begin until next week.
full member
Activity: 127
Merit: 100
Would I be able to transfer all my shares from btct to havelock before the dividend?
jr. member
Activity: 52
Merit: 12
[quote

Mini-sell off on Havelock on the AM100 due to the AM1 launch I assume. Always some action in the crazy world of ASICMINER.
[/quote]

Ahhh...yeah, that sell-off got me excited.  Sold a bunch of my PT shares on BTCT, moved the btc over to Havelock to grab some shares at .04 and by the time I got my confirmations the sell-off was over and bought back in a tiny bit higher that I sold on BTCT  Embarrassed

Only lost about 1 micro share in the deal, but still, I was excited for a second...
full member
Activity: 127
Merit: 100
That fee is very small right? I tried to find it for btct but couldn't, anyone know what the dividend cut is?
5%

That might be worth it.. anyone use havelock and like them?
cp1
hero member
Activity: 616
Merit: 500
Stop using branwallets
That fee is very small right? I tried to find it for btct but couldn't, anyone know what the dividend cut is?
5%
full member
Activity: 127
Merit: 100
That fee is very small right? I tried to find it for btct but couldn't, anyone know what the dividend cut is?
member
Activity: 105
Merit: 11
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

Fantastic news!

So what is the advantage of this one compared to bitfunder and btct.co ? And what kind of profit will TAT get ?

The advantage over BitFunder is that the trade fees are lower, and the export restrictions are better at Havelock.

The advantage over BTCT & BitFunder is that I will allow importing of other PT shares (ASICMINER-PT & G.ASICMINER) without having to go through Friedcat first.

Havelock is paying me a small fee to manage the asset in order to have it on their exchange. There are no management fees against dividends.

So less liquidity on existing PTs?
legendary
Activity: 1554
Merit: 1009
I like this guys style.

Shucks!  Kiss

Mini-sell off on Havelock on the AM100 due to the AM1 launch I assume. Always some action in the crazy world of ASICMINER.

Emphasis mine.

AM1: BTC4.8
AM100: BTC0.04

hero member
Activity: 617
Merit: 559
Loving how the ROI timeframe on these shares is now as long as bitcoin is old

-Buy share for BTC4
-???
-Sell share for BTC4

ROI = anywhere from 2 seconds to infinity

Oh, wait, you must have meant "the amount of time it will take these shares to collect their face value in dividends". For a second there, I thought you were talking about something else.




I like this guys style.

Mini-sell off on Havelock on the AM100 due to the AM1 launch I assume. Always some action in the crazy world of ASICMINER.
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