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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 893. (Read 3917468 times)

legendary
Activity: 1106
Merit: 1006
Lead Blockchain Developer
Is BTCT.co down for everyone? Huh

Definitely time to pick up some better hardware.  I'll work on replacing out the app server later this week.  That's the second time in the last month or so we've run out of RAM.

Cheers.
legendary
Activity: 1064
Merit: 1000
Bitcoin is too valuable to be used as a currency
when was the last time they used weekly income to reinvest into new chips/orders ?
and could we expect to see that again soon or is that not taken from the weekly div?
good question, I decided to wait till the div are announced, cause it can cause the price to go eitherway.
member
Activity: 113
Merit: 20
when was the last time they used weekly income to reinvest into new chips/orders ?
and could we expect to see that again soon or is that not taken from the weekly div?
legendary
Activity: 1064
Merit: 1000
Bitcoin is too valuable to be used as a currency
Is BTCT.co down for everyone? Huh

Also down
Havelock and bitfunder still operational
wonder if that is gonna pull the price down abit.
full member
Activity: 168
Merit: 100
guys lets keep this on the low, price is blasting up too much lately, lets think about our dividends too!

how can we keep price low for few dividends of reinvestments? or atleast some time?

lets think!
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
Is BTCT.co down for everyone? Huh

Also down
Havelock and bitfunder still operational

Edited its back up
Bonus Edit
AMC revived lol
cp1
hero member
Activity: 616
Merit: 500
Stop using branwallets
newbie
Activity: 26
Merit: 0
Is BTCT.co down for everyone? Huh
legendary
Activity: 1372
Merit: 1000
I'm a little new to the shares world, can I get this explained to me like a 5-year-old? Sorry for the inconvenience but I would like to buy in if it's a good option, but I'm not sure where to start. I love bitcoin and support everything it stands for, but if it doesn't start to become a little more easy to understand and handle, then that will only slow it down for mainstream adoption. Although I'm not a genius, I'm also not an idiot, and the learning curve here for the non-economic and non-techy types like myself is tremendous...


Most people have to invest in stocks and bonds to preserve their wealth.
Saving your money is not possible as the constant inflation in Fiat erodes your savings (purchasing power)

With Bitcoin you can just save your Bitcoin you don't need to invest. (so it is already more simple)

Investing is hit and miss, in Bitcoin 99.99999% of investments are a miss, this one looks to be a perfect storm, the right management, the right economic conditions and the right time.

If you are new to investing in this manner, and you want to learn on the go https://www.havelockinvestments.com/ just play with a small sum you are willing to lose.   
full member
Activity: 224
Merit: 100
You can't kill math.
Out of curiosity, are Eric M. and myself the only Canadian AM shareholders here? I know we have more lurking in the shadows!

You can add me to the list of lurking Canadian shareholders.  Wednesday is no longer hump day; it's climax day!  Shocked

We're in Vancouver.   :-)

Alberta!!! RD And thriving after all that flooding
If I knew their were that many Canadians here would have said Happy Canada day in the thread  Grin

Another Vancouverite who loves Wednesdays.

All those Canadians. Am I the only Dutch shareholder? Roll Eyes

Dutch Canadian who loves Wednesdays in Vancouver Cool

(only 50% by blood/heritage)
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
I'm a little new to the shares world, can I get this explained to me like a 5-year-old? Sorry for the inconvenience but I would like to buy in if it's a good option, but I'm not sure where to start. I love bitcoin and support everything it stands for, but if it doesn't start to become a little more easy to understand and handle, then that will only slow it down for mainstream adoption. Although I'm not a genius, I'm also not an idiot, and the learning curve here for the non-economic and non-techy types like myself is tremendous...

Need a better question format
But I would suggest reading a few articles from Moneysense or Investopedia to get started
Before even considering trading you should determine what type of trader you are
http://www.investopedia.com/articles/investing/052413/what-type-trader-are-you.asp
http://www.investopedia.com/
http://www.investopedia.com/articles/trading/06/daytradingretail.asp
For ASICminer related stuff try the google doc or various other links
https://docs.google.com/spreadsheet/ccc?key=0AkPdXsQFT-vIdHRVUjQ5Ql9BQWR6OENLMkhyUktUblE#gid=12

Thanks freedomno1, I'll check them out...

My personal favorite is the Wealthy Barber for a really simple way to explain it like a 5-year old  but not sure where to find that Url
Best of luck though
Dividend day approaches
newbie
Activity: 26
Merit: 0
I'm a little new to the shares world, can I get this explained to me like a 5-year-old? Sorry for the inconvenience but I would like to buy in if it's a good option, but I'm not sure where to start. I love bitcoin and support everything it stands for, but if it doesn't start to become a little more easy to understand and handle, then that will only slow it down for mainstream adoption. Although I'm not a genius, I'm also not an idiot, and the learning curve here for the non-economic and non-techy types like myself is tremendous...

Need a better question format
But I would suggest reading a few articles from Moneysense or Investopedia to get started
Before even considering trading you should determine what type of trader you are
http://www.investopedia.com/articles/investing/052413/what-type-trader-are-you.asp
http://www.investopedia.com/
http://www.investopedia.com/articles/trading/06/daytradingretail.asp
For ASICminer related stuff try the google doc or various other links
https://docs.google.com/spreadsheet/ccc?key=0AkPdXsQFT-vIdHRVUjQ5Ql9BQWR6OENLMkhyUktUblE#gid=12

Thanks freedomno1, I'll check them out...
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
I'm a little new to the shares world, can I get this explained to me like a 5-year-old? Sorry for the inconvenience but I would like to buy in if it's a good option, but I'm not sure where to start. I love bitcoin and support everything it stands for, but if it doesn't start to become a little more easy to understand and handle, then that will only slow it down for mainstream adoption. Although I'm not a genius, I'm also not an idiot, and the learning curve here for the non-economic and non-techy types like myself is tremendous...

Need a better question format
But I would suggest reading a few articles from Moneysense or Investopedia to get started
Before even considering trading you should determine what type of trader you are
http://www.investopedia.com/articles/investing/052413/what-type-trader-are-you.asp
http://www.investopedia.com/
http://www.investopedia.com/articles/trading/06/daytradingretail.asp
For ASICminer related stuff try the google doc or various other links
https://docs.google.com/spreadsheet/ccc?key=0AkPdXsQFT-vIdHRVUjQ5Ql9BQWR6OENLMkhyUktUblE#gid=12
member
Activity: 126
Merit: 16
South Florida shareholders represent!
hero member
Activity: 784
Merit: 501
Out of curiosity, are Eric M. and myself the only Canadian AM shareholders here? I know we have more lurking in the shadows!

You can add me to the list of lurking Canadian shareholders.  Wednesday is no longer hump day; it's climax day!  Shocked

We're in Vancouver.   :-)

Alberta!!! RD And thriving after all that flooding
If I knew their were that many Canadians here would have said Happy Canada day in the thread  Grin

Another Vancouverite who loves Wednesdays.

All those Canadians. Am I the only Dutch shareholder? Roll Eyes
newbie
Activity: 26
Merit: 0
I'm a little new to the shares world, can I get this explained to me like a 5-year-old? Sorry for the inconvenience but I would like to buy in if it's a good option, but I'm not sure where to start. I love bitcoin and support everything it stands for, but if it doesn't start to become a little more easy to understand and handle, then that will only slow it down for mainstream adoption. Although I'm not a genius, I'm also not an idiot, and the learning curve here for the non-economic and non-techy types like myself is tremendous...
legendary
Activity: 1022
Merit: 1000
We just hit 5 btc/share on BTCT.co

Congrats everyone!

I just sold some of my shares @ 4.32, I need to borrow a time machine.
legendary
Activity: 1372
Merit: 1000
Out of curiosity, are Eric M. and myself the only Canadian AM shareholders here? I know we have more lurking in the shadows!

You can add me to the list of lurking Canadian shareholders.  Wednesday is no longer hump day; it's climax day!  Shocked

We're in Vancouver.   :-)

Alberta!!! RD And thriving after all that flooding
If I knew their were that many Canadians here would have said Happy Canada day in the thread  Grin

Another Vancouverite who loves Wednesdays.
cp1
hero member
Activity: 616
Merit: 500
Stop using branwallets

Yeah... that was me.  the book on options im readng said options are ALWAYS on groups of 100 shares. When I saw the escrow for the option I set up was for .035 I knew something was wrong... Instead of assuming the number of shares were wrong (the correct answer, stupid book... i believed you!) I assumed maybe the strike price was for the whole block and not the individual share.

I basically just paid to learn options, when I really think of it though my mistake cost me less then it would have to sign up for some class and learn probably.  I am not mad, it was my ignorance that got me, back to reading about options!

Oof -- sorry to hear that Sad
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io

I honestly don't know and I can't find anything on btct.co, could you explain it for me?


Instead of buying real shares you can buy options for just a "premium price" and call for real shares later.
(Or don't call if those don't rise in price).
This allows for two things: less capital for investment (until you call) and less capital at risk (you can lose only what you paid for options).

Put options are opposite. When you write option and somebody buys them you promise to buy back shares (if requested) at that specified price.
Even if they are not worth that price.

So both things are kinds of bet.


And in this case, it appears someone bought a put option to purchase 1 share with a strike price of BTC3.5, nearly 100x above the market price.

Yeah... that was me.  the book on options im readng said options are ALWAYS on groups of 100 shares. When I saw the escrow for the option I set up was for .035 I knew something was wrong... Instead of assuming the number of shares were wrong (the correct answer, stupid book... i believed you!) I assumed maybe the strike price was for the whole block and not the individual share.

I basically just paid to learn options, when I really think of it though my mistake cost me less then it would have to sign up for some class and learn probably.  I am not mad, it was my ignorance that got me, back to reading about options!
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