Author

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 952. (Read 3917058 times)

sr. member
Activity: 392
Merit: 250
Seriously suggesting FriedCat moving all direct share to a online exchange ,this will largely increase the liquidity and also release work for FriedCat!

But if he did that, they would no longer be direct!  The point of the direct shares is to remove that 2nd layer of insecurity...
sr. member
Activity: 378
Merit: 250
Seriously suggesting FriedCat moving all direct share to a online exchange ,this will largely increase the liquidity and also release work for FriedCat!
hero member
Activity: 784
Merit: 501
With direct shares you only have to trust Friedcat.

With PT-shares you have to trust Friedcat, the owner(s) of the exchange and the owner of the PT.

You can sell your shares faster than you can sell direct shares plus you can day trade if that's your game.

So there are benefits despite there being more people you have to trust.
legendary
Activity: 1806
Merit: 1003
Less liquid but also less CP risk, and faster dividends. You can also store your ASICMINER shares in a brainwallet.

CP?

counterparty risk. In layman's terms, the risk of the guy holding your BTC running away with it

How risky is that on btct.co? Is the owner trustworthy?

The owner of btct.co(burnside) runs a medium sized real world hosting business (kattare.com), plus he has lots of good reputation here, so he's pretty reliable.
full member
Activity: 134
Merit: 100
How risky is that on btct.co? Is the owner trustworthy?

Yeah Burnside seems pretty trustworthy.

I've never had any issues with either btct or the asicminer-PT on there (which he runs).
sr. member
Activity: 476
Merit: 250
That's a sexy hash rate!

sr. member
Activity: 462
Merit: 250
Less liquid but also less CP risk, and faster dividends. You can also store your ASICMINER shares in a brainwallet.

CP?

counterparty risk. In layman's terms, the risk of the guy holding your BTC running away with it

How risky is that on btct.co? Is the owner trustworthy?
full member
Activity: 224
Merit: 100
Less liquid but also less CP risk, and faster dividends. You can also store your ASICMINER shares in a brainwallet.

CP?

counterparty risk. In layman's terms, the risk of the guy holding your asset running away with it
hero member
Activity: 817
Merit: 1000
Truth is a consensus among neurons www.synereo.com
Less liquid but also less CP risk, and faster dividends. You can also store your ASICMINER shares in a brainwallet.

CP?
full member
Activity: 148
Merit: 100
Looking good! Cool




22% or more
Where is this picture from? Which website?
sr. member
Activity: 322
Merit: 252
hero member
Activity: 518
Merit: 500
I'm trying to gather information, but it's a bit all over the place.

If I would like to buy shares, is it best to buy them directly of an auction?
Or should I buy at a place like this: https://btct.co/security/ASICMINER-PT

I bought mine via https://btct.co/security/ASICMINER-PT and then got them converted to "direct" shares in a few days. Totally painless process.
legendary
Activity: 1022
Merit: 1000
I'm trying to gather information, but it's a bit all over the place.

If I would like to buy shares, is it best to buy them directly of an auction?
Or should I buy at a place like this: https://btct.co/security/ASICMINER-PT
You can buy AM shares easily here bitfunder.com or at btct.co
Compare their prices
vip
Activity: 1316
Merit: 1043
👻
Less liquid but also less CP risk, and faster dividends. You can also store your ASICMINER shares in a brainwallet.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
I'm trying to gather information, but it's a bit all over the place.

If I would like to buy shares, is it best to buy them directly of an auction?
Or should I buy at a place like this: https://btct.co/security/ASICMINER-PT

If your not buying a lot go with the pass-thru with 2FA Smiley
Owning direct shares is fine as well but less liquid

Also go hashrate go its revived Smiley
sr. member
Activity: 462
Merit: 250
I'm trying to gather information, but it's a bit all over the place.

If I would like to buy shares, is it best to buy them directly of an auction?
Or should I buy at a place like this: https://btct.co/security/ASICMINER-PT
full member
Activity: 159
Merit: 100
Hot weather is a good point for decrease of the whole network

luckily the weather cools down on the weekend Smiley Good for the divices, good for friedcat and shareholders Smiley
FNG
hero member
Activity: 588
Merit: 500
Looks like AM sorted out their mining operation.

 Grin
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
I am currently holding 10000 shares, which can be verified at https://blockchain.info/tx/3c07216fce4bd45d0c7d49eabe21a4c137691e481527d0f936b65e49bc7bb7cf by looking up my address: 1KbAD8KU1u6uw6nHSJEYpdZfgQbNbTAkH2

For the life of me, I cannot figure out what good could come from these statements. Best to keep your holdings private or at least discreet IMO. Reminds me of my Dad's buddy from medical school who is always boasting about his safe full of gold and guns when he gets drunk.

I'm sure you know how to protect yourself freedomno1, but it sets a poor example for the naive who may not realize the scammers which lurk on this board.

To fellow recent arrivals to the bitcoin scene, I suggest this approach:
Trust me, I'm poor, nothing to see here, move along  Wink


Newbies should certainly focus on understanding how to protect their wallets before they acquire coins. It's no good to have a million dollars in cash if you are going to spend your time walking around dangerous areas with a sign on your back that says you have it in your pocket.

Personally, I have no concerns about my Bitcoins and/or ASICMINER shares being stolen/hacked/phished or whatever. Not mentioning all the firewalls and virus protection, I almost never have access to more than five or ten Bitcoins at a time without a visit to a safety deposit box at a bank... and when I do that the coins are sent before I leave the bank. My cold wallets were produced with a computer that I built myself, never touched the internet, and has since been destroyed. Someone trying to rob me would get far more from the cash in my wallet than they'd ever get in Bitcoins.

In the words of the least-popular President in US history... bring it on!


That quotes going to lurk forever now  Wink
I'll ask for a couple of Golden Pizzas on Jutaruls behalf instead he can cut the tab   Smiley


Or maybe
https://bitcointalksearch.org/topic/m.2528660

But I agree newbies should always use and wear protection and always equip a cold wallet and a hot wallet
Also beware of misleading quotes as they haunt you forever XD

If your a miner please be careful as well this goes double for you
https://bitcointalk.org/index.php?topic=238680.0;topicseen
https://bitcointalksearch.org/topic/bounty-info-leading-to-criminal-arrest-in-asic-theft-escrow-via-john-k-238517
donator
Activity: 294
Merit: 250
Wonder why this week's dividends are a half of last week's?

Is this serious or sarcasm?

If it was meant seriously... ASICMINER stopped selling the Block Eruptor Blades until the improved ones become available in a few weeks, and the hash rate dropped extremely significantly (it now appears to be back up to an all-time high).


I am currently holding 10000 shares, which can be verified at https://blockchain.info/tx/3c07216fce4bd45d0c7d49eabe21a4c137691e481527d0f936b65e49bc7bb7cf by looking up my address: 1KbAD8KU1u6uw6nHSJEYpdZfgQbNbTAkH2

For the life of me, I cannot figure out what good could come from these statements. Best to keep your holdings private or at least discreet IMO. Reminds me of my Dad's buddy from medical school who is always boasting about his safe full of gold and guns when he gets drunk.

I'm sure you know how to protect yourself freedomno1, but it sets a poor example for the naive who may not realize the scammers which lurk on this board.

To fellow recent arrivals to the bitcoin scene, I suggest this approach:
Trust me, I'm poor, nothing to see here, move along  Wink


Newbies should certainly focus on understanding how to protect their wallets before they acquire coins. It's no good to have a million dollars in cash if you are going to spend your time walking around dangerous areas with a sign on your back that says you have it in your pocket.

Personally, I have no concerns about my Bitcoins and/or ASICMINER shares being stolen/hacked/phished or whatever. Not mentioning all the firewalls and virus protection, I almost never have access to more than five or ten Bitcoins at a time without a visit to a safety deposit box at a bank... and when I do that the coins are sent before I leave the bank. My cold wallets were produced with a computer that I built myself, never touched the internet, and has since been destroyed. Someone trying to rob me would get far more from the cash in my wallet than they'd ever get in Bitcoins.

In the words of the least-popular President in US history... bring it on!
Jump to: