ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 965.

Jutarul

donator

Activity: 994

Merit: 1000

Quote from: freedomno1 on June 19, 2013, 03:12:26 AM

Sorry Jutarul your so old that your like a mystic in the post logs Wink

Keeps watching the Vets while not trying to be creepy about it hehe

Lol. This business is moving so fast that 9 months feel like it happened in a past life. Incredible. It also puts the success of bitfountain into perspective. I considered myself an optimist back then.

For those of you who are wondering why I sold at 2.5. It's simple investor strategy - i.e. risk management. Holding bitcoins has a different risk exposure than holding dividend paying stocks. I still believe that 2.5 is a good entry level point for the right investors, simply due to the expected return.

GIANNAT

legendary

Activity: 1038

Merit: 1000

Bitcoin entrepreneur and Pro Trader

Quote from: jmutch on June 19, 2013, 06:04:29 AM

Why didn't he sell all 10,000 then and become a millionaire? Wink

Because there isn't enough demand. There was already a price drop when he posted he was selling 2k, imagine selling 10k..

jmutch

full member

Activity: 196

Merit: 100

Quote from: GIANNAT on June 19, 2013, 03:07:38 AM

Quote from: freedomno1 on June 19, 2013, 02:07:40 AM

And 2.5 Wall is 100% Done

Jutarul
Final Update

0 shares available.
2000 shares paid.

Thank you all for participating in this successful transfer of equity. I hope that AM shares will be a good match for your portfolio.

Jutarul is long sighted eh.. He knows they aren't worth that much

Why didn't he sell all 10,000 then and become a millionaire? Wink

Pierre

full member

Activity: 207

Merit: 100

Quote from: btharper on June 19, 2013, 03:59:46 AM

I am selling ASICMINER shares for 2.85 BTC per share.

https://blockchain.info/address/1Q1ytqxdKSgjJimmJ5nTxPiSt674QkBzzM

Quote

I am btharper on Bitcointalk and I am selling my 25 ASICMINER shares

HPrNLhGeoo5NvZRD0nyc2dgNYO8FhVFq+qe5NMyp+KzJAXe2DBhhHBvXlWK9IyhZKcAJ6AYE7pCt2Szrw40dm1A=

No escrow (I need funds fast), if you don't like it don't trade. I've been here since 2012 and I've conducted various trades.

PM for details. First come first serve.

You only had them one week?

btharper

sr. member

Activity: 389

Merit: 250

I am not selling shares (I don't even own shares), someone is attempting to use my account to scam though and I apologise. DO NOT SEND ME MONEY. Thanks.

freedomno1

legendary

Activity: 1834

Merit: 1094

Learning the troll avoidance button :)

Quote from: GIANNAT on June 19, 2013, 03:07:38 AM

Jutarul is long sighted eh.. He knows they aren't worth that much

http://bitcointalksearch.org/topic/m.1329795
He just needed to pay back his loan Cool

But for the bears
http://bitcointalksearch.org/topic/m.1215571

Since I'm lurking in history

Random suggestions of the past time
http://bitcointalksearch.org/topic/m.1203037
It would be nice if we had a wiki page, listing all the known ASIC competitors, their proposed product lines, their location, their specs and their production schedule.

Random prediction's of the past too

http://bitcointalksearch.org/topic/m.1188741
http://bitcointalksearch.org/topic/m.1164899

Sorry Jutarul your so old that your like a mystic in the post logs Wink

Keeps watching the Vets while not trying to be creepy about it hehe

VeeMiner

hero member

Activity: 752

Merit: 500

bitcoin hodler

Quote from: GIANNAT on June 19, 2013, 03:07:38 AM

Quote from: freedomno1 on June 19, 2013, 02:07:40 AM

And 2.5 Wall is 100% Done

Jutarul
Final Update

0 shares available.
2000 shares paid.

Thank you all for participating in this successful transfer of equity. I hope that AM shares will be a good match for your portfolio.

Jutarul is long sighted eh.. He knows they aren't worth that much

don't buy then and go here:

http://bitcointalksearch.org/topic/asicminer-speculation-thread-235763

GIANNAT

legendary

Activity: 1038

Merit: 1000

Bitcoin entrepreneur and Pro Trader

Quote from: freedomno1 on June 19, 2013, 02:07:40 AM

And 2.5 Wall is 100% Done

Jutarul
Final Update

0 shares available.
2000 shares paid.

Thank you all for participating in this successful transfer of equity. I hope that AM shares will be a good match for your portfolio.

Jutarul is long sighted eh.. He knows they aren't worth that much

Luckybit

hero member

Activity: 714

Merit: 510

Quote from: thx1164 on May 16, 2013, 11:47:08 AM

Quote from: Theraty on May 16, 2013, 11:28:27 AM

Quote from: stripykitteh on May 16, 2013, 05:25:43 AM

Quote from: stripykitteh on May 16, 2013, 04:03:54 AM

I'm interested in what happened in Africa in the 1990's and 2000's. In many parts there infrastructure is poor, and liable to being unmaintained, stolen, or destroyed by conflict. Many parts of Africa have good mobile phone networks, though, as they're relatively cheap to deploy and can be deployed in numbers to provide redundancy (or even just moved around on trucks). If you said to a villager in many parts of Africa that his mobile phone can generate $2 a day if it does Bitcoin, he'd probably offer his daughter to you.

I've had a couple more thoughts riffing on this idea over a glass of wine. Yes, it is after 5 where I am.

Make the chips as cheap as possible, maybe even *pay* mobile phone makers to bundle them into handsets.

Consider collaborating with other leading Bitcoin miners to fund development. Design goals are the best performance possible with low power. It will be designed to go into a cheap phone, so sleek design is not so important, i.e., the phone might be a "brick" with a larger battery.

Great idea. The bitcoins on phone can be changed to credit automatically. A phne that makes its own free credit.

In some places in Africa, cell phone minutes are actually used as a type of currency. Once someone figures out how to implement this idea (although I am skeptical until batteries can put out a lot more juice), OR trade bitcoins via SMS, I think we will have a MASSIVE market that opens up in Africa.

Not just in Africa, the whole world really. Everyone uses cellphones and everyone wants free minutes.

Luckybit

hero member

Activity: 714

Merit: 510

Quote from: Theraty on May 16, 2013, 11:28:27 AM

Quote from: stripykitteh on May 16, 2013, 05:25:43 AM

Quote from: stripykitteh on May 16, 2013, 04:03:54 AM

I'm interested in what happened in Africa in the 1990's and 2000's. In many parts there infrastructure is poor, and liable to being unmaintained, stolen, or destroyed by conflict. Many parts of Africa have good mobile phone networks, though, as they're relatively cheap to deploy and can be deployed in numbers to provide redundancy (or even just moved around on trucks). If you said to a villager in many parts of Africa that his mobile phone can generate $2 a day if it does Bitcoin, he'd probably offer his daughter to you.

I've had a couple more thoughts riffing on this idea over a glass of wine. Yes, it is after 5 where I am.

Make the chips as cheap as possible, maybe even *pay* mobile phone makers to bundle them into handsets.

Consider collaborating with other leading Bitcoin miners to fund development. Design goals are the best performance possible with low power. It will be designed to go into a cheap phone, so sleek design is not so important, i.e., the phone might be a "brick" with a larger battery.

Great idea. The bitcoins on phone can be changed to credit automatically. A phne that makes its own free credit.

This is actually a brilliant idea and doable. The phone wouldn't last very long but if it's a disposable free phone then it can beat out the Obama phone the US government is offering. You could just distribute the free phone to anyone who currently has an Obama phone as marketing.

Is someone actually intending to work on this idea? It seems like it could be doable right now.

JimiQ84

sr. member

Activity: 406

Merit: 250

hashrate going down can be due to installation of new blades. friedcat mentioned new blade design by late june in blade sales thread. I suppose we are in late june Cheesy

freedomno1

legendary

Activity: 1834

Merit: 1094

Learning the troll avoidance button :)

Quote from: empoweoqwj on June 19, 2013, 01:46:10 AM

Quote from: freedomno1 on June 19, 2013, 01:40:50 AM

What were back on topic
And I was going to let these shenanigans go on to the next page Wink

What's the topic? Hard to sort it from those nasty shenanigans Wink

I just pity a future investor who turns up in 6 months time doing research and has 700 pages of this to go through rather than the 376 I forced myself through.

Although I have to say, when you read "Fast-forward" style, you get a reward of a friedcat post every hour. In real-time, this thread is a lot less exciting, no disrepect intended, I'm eagerly awaiting my first real-time friedcat post Grin

When I started it was page 252 but future investors will just have to make do Cool

And we need more cat photos to add to the excitement for future readers hehe
Looks at clock oh sometime today

And 2.5 Wall is 100% Done

Jutarul
Final Update

0 shares available.
2000 shares paid.

Thank you all for participating in this successful transfer of equity. I hope that AM shares will be a good match for your portfolio.

lophie

hero member

Activity: 924

Merit: 1003

Unlimited Free Crypto

Quote from: tkone on June 19, 2013, 01:49:39 AM

Quote from: lophie on June 19, 2013, 01:47:05 AM

Hmm low divs and BTC crashing? So this means cheaper shares again? My coins are ready.

btc crashing? i think its rising ofcourse there might be an inevitable crash, but what if there wont be one till later? makes me scared to sell coins lol

yes, yeeees, sell them cheap coins..... no one wants them.... muahahahahaha

tkone

full member

Activity: 168

Merit: 100

Quote from: lophie on June 19, 2013, 01:47:05 AM

Hmm low divs and BTC crashing? So this means cheaper shares again? My coins are ready.

btc crashing? i think its rising ofcourse there might be an inevitable crash, but what if there wont be one till later? makes me scared to sell coins lol

lophie

hero member

Activity: 924

Merit: 1003

Unlimited Free Crypto

Hmm low divs and BTC crashing? So this means cheaper shares again? My coins are ready.

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: freedomno1 on June 19, 2013, 01:40:50 AM

What were back on topic
And I was going to let these shenanigans go on to the next page Wink

What's the topic? Hard to sort it from those nasty shenanigans Wink

I just pity a future investor who turns up in 6 months time doing research and has 700 pages of this to go through rather than the 376 I forced myself through.

Although I have to say, when you read "Fast-forward" style, you get a reward of a friedcat post every hour. In real-time, this thread is a lot less exciting, no disrepect intended, I'm eagerly awaiting my first real-time friedcat post Grin

freedomno1

legendary

Activity: 1834

Merit: 1094

Learning the troll avoidance button :)

What were back on topic
And I was going to let these shenanigans go on to the next page Wink

TsuyokuNaritai

hero member

Activity: 574

Merit: 500

Quote from: dhenson on June 19, 2013, 01:28:09 AM

In the last hour we've had 2 blocks found, the last one was 45 mins ago.

Hmm... won't that make the dividends take much longer than usual today?

dhenson

legendary

Activity: 994

Merit: 1000

Quote from: 🏰 TradeFortress 🏰 on June 19, 2013, 01:20:03 AM

That makes little sense. The difficulty is not adjusted once every 2 weeks, it is adjusted once every 2016 blocks. So if they "froze" the current difficulty and got tons of new board online, then the difficulty is going to rise in a day or so instead of 5, neutralizing the effect.

The difficulty increase will be a bit less, yes, but that's not worth it when you have BFL & Avalon starting to ship more, and with the lost mining power.

At the current block discovery rate, these 2016 blocks are going to take 3-4 weeks. In the last hour we've had 2 blocks found, the last one was 45 mins ago.

I'm not discounting your point, it would seem to be of limited value, but you have to admit that the timing feels right.

🏰 TradeFortress 🏰

vip

Activity: 1316

Merit: 1043

👻

Quote from: dhenson on June 19, 2013, 01:17:28 AM

Quote from: ThickAsThieves on June 18, 2013, 09:24:23 PM

Since you insist, here's another speculative angle.

Maybe they took hashes offline because they realized they could freeze the current difficulty for a bit while they work on getting the new boards ready.

That makes little sense. The difficulty is not adjusted once every 2 weeks, it is adjusted once every 2016 blocks. So if they "froze" the current difficulty and got tons of new board online, then the difficulty is going to rise in a day or so instead of 5, neutralizing the effect.

The difficulty increase will be a bit less, yes, but that's not worth it when you have BFL & Avalon starting to ship more, and with the lost mining power.

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 965. (Read 3917568 times)