[BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast) - page 85.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: VolanicEruptor on September 22, 2013, 04:38:10 PM

Thanks for solidifying my point! If those are all scams, then Icedrill must be a HUGE scam if even BTCT won't accept it. Cheesy

That backfired big time.. you just fell through the ice! Grin

I know you're new here VE, but you should do some research and verify

1. HashFast is legit, and has a 400GH chip being spun by TSMC at this very moment.

2. DeadTerra has a sterling reputation in the BTC investment community

When you accuse DT of running a scam, despite the massive positive feedback in his profile, you destroy any credibility you may have had.

You lost tons of money on ActiveMining! Enough to buy a car and many ounces of gold. That must be making you act crazy.

I made a ton of money on ActiveMining! Enough to buy a car and many ounces of gold. You must really resent that!

My previous offer to take over the bleeding, smoldering remains of your bombed-out husk of a portfolio still stands.

Maybe now, after eating the ACTM biscuit, you'll agree to my terms (50BTC up front and 20% of profits).

ALWAYS BET ON iCE...

VolanicEruptor

sr. member

Activity: 392

Merit: 250

Quote from: iCEBREAKER on September 22, 2013, 04:26:04 PM

Quote from: VolanicEruptor on September 22, 2013, 12:20:21 PM

Quote from: Rannasha on September 22, 2013, 11:40:20 AM

Quote from: dopamine on September 22, 2013, 11:19:34 AM

Is there a reason why you are not on BTC-TC?

https://btct.co/security/ICEDRILL.ASIC

BTC-TC moderators have not approved it.

BTCT isn't fond of scams..

You are so funny VE!

BTCT moderators loved GARDEN, which turned out to be a scam.

BTCT moderators loved LAGcoin, which turned out to be a scam.

BTCT moderators loved ActiveScamming, which turned out to be a scam.

BTCT moderators loved CryptX, which turned out to be a scam.

BTCT moderators loved COG.F2, which turned out to be a scam.

BTCT is scam central.

Their moderators have a conflict of interest preventing listing of legitimate securities which would compete for BTC with the scams in which they're invested.

BTCT moderators have no love for IceDrill, because it's going to blow the competition out of the water.

BTCT is a playground for little noobs, scammers, and investards.

BitFunder is where the whales swim.

Thanks for solidifying my point! If those are all scams, then Icedrill must be a HUGE scam if even BTCT won't accept it. Cheesy

That backfired big time.. you just fell through the ice! Grin

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: VolanicEruptor on September 22, 2013, 12:20:21 PM

Quote from: Rannasha on September 22, 2013, 11:40:20 AM

Quote from: dopamine on September 22, 2013, 11:19:34 AM

Is there a reason why you are not on BTC-TC?

https://btct.co/security/ICEDRILL.ASIC

BTC-TC moderators have not approved it.

BTCT isn't fond of scams..

You are so funny VE!

BTCT moderators loved GARDEN, which turned out to be a scam.

BTCT moderators loved LAGcoin, which turned out to be a scam.

BTCT moderators loved ActiveScamming, which turned out to be a scam.

BTCT moderators loved CryptX, which turned out to be a scam.

BTCT moderators loved COG.F2, which turned out to be a scam.

BTCT is scam central.

Their moderators have a conflict of interest preventing listing of legitimate securities which would compete for BTC with the scams in which they're invested.

BTCT moderators have no love for IceDrill, because it's going to blow the competition out of the water.

BTCT is a playground for little noobs, scammers, and investards.

BitFunder is where the whales swim.

Jutarul

donator

Activity: 994

Merit: 1000

Quote from: VolanicEruptor on September 22, 2013, 12:20:21 PM

Quote from: Rannasha on September 22, 2013, 11:40:20 AM

Quote from: dopamine on September 22, 2013, 11:19:34 AM

Is there a reason why you are not on BTC-TC?

https://btct.co/security/ICEDRILL.ASIC

BTC-TC moderators have not approved it.

BTCT isn't fond of scams..

I would argue that good scams go along with a good prospectus. The review process usually can only probe for formalities. I don't think btc-tc has an expert panel for every security they release to judge the numbers which are projected in the prospectus.

One could argue that the current published business plan lacks a solid foundation, since some parts are deliberately non-disclosed. The common procedure to attract capital under those circumstances is to invite investors into an info-meeting and let them sign non-disclosure agreements. But that's obviously a problem when seeking out the public right away - and the fund manager already admitted that this fund raising was rushed - which explains a lot of the birth problems. However that neither invalidates the viability of the operation, nor the sincerity of the operators. That's for the expert "investor" to decide.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

Quote from: ?? on ??

Quote from: VolanicEruptor on September 22, 2013, 12:20:21 PM

Quote from: Rannasha on September 22, 2013, 11:40:20 AM

Quote from: dopamine on September 22, 2013, 11:19:34 AM

Is there a reason why you are not on BTC-TC?

https://btct.co/security/ICEDRILL.ASIC

BTC-TC moderators have not approved it.

BTCT isn't fond of scams..

VE please take your vendetta for icebreaker somewhere else.

this has nothing to do with him. I'm against everything iceDRILL has done to its young shareholders.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

Quote from: Rannasha on September 22, 2013, 11:40:20 AM

Quote from: dopamine on September 22, 2013, 11:19:34 AM

Is there a reason why you are not on BTC-TC?

https://btct.co/security/ICEDRILL.ASIC

BTC-TC moderators have not approved it.

BTCT isn't fond of scams..

Rannasha

hero member

Activity: 728

Merit: 500

Quote from: dopamine on September 22, 2013, 11:19:34 AM

Is there a reason why you are not on BTC-TC?

https://btct.co/security/ICEDRILL.ASIC

BTC-TC moderators have not approved it.

Netnox

legendary

Activity: 2044

Merit: 1008

Quote from: jinyoubei on September 22, 2013, 11:14:51 AM

Are you for real?

Quote from: Netnox on September 22, 2013, 08:14:00 AM

Hi,

I'm interested in this, but i would like to know when you think the price will start to rise, maybe when you guys start to mine? Also do you think this stock has the potential o rise to 1 or more BTC in the future?

Like i understood to buy shares i need to buy them from Bitfunder and i can sell them to make profit. Next to buying and selling share i will also get dividend right? Can you tell me how much this is and from when you are planning to give out the dividend to the shareholders? For this do you need a BTC address from the shareholders or where will the dividends go?

Thanks

4 realll..why whats wrong?

Netnox

legendary

Activity: 2044

Merit: 1008

Quote from: Kushedout on September 22, 2013, 11:13:42 AM

Quote from: Netnox on September 22, 2013, 08:14:00 AM

Hi,

I'm interested in this, but i would like to know when you think the price will start to rise, maybe when you guys start to mine? Also do you think this stock has the potential o rise to 1 or more BTC in the future?

Like i understood to buy shares i need to buy them from Bitfunder and i can sell them to make profit. Next to buying and selling share i will also get dividend right? Can you tell me how much this is and from when you are planning to give out the dividend to the shareholders? For this do you need a BTC address from the shareholders or where will the dividends go?

Thanks

Are you serious?

Yea im for real, whats the potential of this stock to rise? any good? and when do they pay out dividents and how?

dopamine

hero member

Activity: 486

Merit: 500

Is there a reason why you are not on BTC-TC?

jinyoubei

member

Activity: 83

Merit: 10

Are you for real?

Quote from: Netnox on September 22, 2013, 08:14:00 AM

Hi,

I'm interested in this, but i would like to know when you think the price will start to rise, maybe when you guys start to mine? Also do you think this stock has the potential o rise to 1 or more BTC in the future?

Like i understood to buy shares i need to buy them from Bitfunder and i can sell them to make profit. Next to buying and selling share i will also get dividend right? Can you tell me how much this is and from when you are planning to give out the dividend to the shareholders? For this do you need a BTC address from the shareholders or where will the dividends go?

Thanks

Kushedout

legendary

Activity: 1123

Merit: 1000

SaluS - (SLS)

Quote from: Netnox on September 22, 2013, 08:14:00 AM

Hi,

I'm interested in this, but i would like to know when you think the price will start to rise, maybe when you guys start to mine? Also do you think this stock has the potential o rise to 1 or more BTC in the future?

Like i understood to buy shares i need to buy them from Bitfunder and i can sell them to make profit. Next to buying and selling share i will also get dividend right? Can you tell me how much this is and from when you are planning to give out the dividend to the shareholders? For this do you need a BTC address from the shareholders or where will the dividends go?

Thanks

Are you serious?

Netnox

legendary

Activity: 2044

Merit: 1008

Hi,

I'm interested in this, but i would like to know when you think the price will start to rise, maybe when you guys start to mine? Also do you think this stock has the potential o rise to 1 or more BTC in the future?

Like i understood to buy shares i need to buy them from Bitfunder and i can sell them to make profit. Next to buying and selling share i will also get dividend right? Can you tell me how much this is and from when you are planning to give out the dividend to the shareholders? For this do you need a BTC address from the shareholders or where will the dividends go?

Thanks

DeaDTerra

donator

Activity: 1064

Merit: 1000

Quote from: hd060053 on September 21, 2013, 09:04:00 AM

@will, deadterra:

Why should investors still have trust into this security, when we see all these sells down to 0.0010? the next stop is at 0.0007

Please see my previous post about the price.
We do not control the market,
We are not operational yet, which means it is hard to price the asset.
If you are in this for short term speculation and all you want to see is a increase in the share price.
Then I would recommend that you have a think if this is the asset for you.
We are in this for the long term, until we are up and operational it is hard to price the asset.
If you think the asset is underpriced buy, if you think it is overpriced sell.
That is all the advice that I can give you.
//DeaDTerra

DeaDTerra

donator

Activity: 1064

Merit: 1000

Quote from: ?? on ??

You said you'd buy from other vendors if there was a better deal. Well, there are better deals. Here is the quote:

Quote from: will on August 20, 2013, 11:45:45 AM

Quote from: ?? on ??

I could have sworn I saw DeaDTerra make a post about purchasing from other companies if they could get a better deal. Why was this post deleted?

You saw correctly. I asked DT to remove the post because the announcement was premature.

Please know that there are other companies in the space who are interested in our ability to purchase large amounts of hashing power. Some chip manufacturers see the benefit of focusing purely on their core competency (chip design & production) and like the way we've opened our offering to the community at large (decentralization of ownership). We've all seen the problems mining hardware companies have had up until now with sales execution, customer support, shipping logistics and all the important things that go along with delivering these machines far and wide. Doing it this way gets their product out there faster, smoother and with much less hassle than shoe-horning marketing/support/logistics team onto an already extremely-busy design team. As tech companies they agree that rapid company growth places negative pressure on their technical development agility. e.g. If you have a chip designer directly answering customer/sales support questions then you're doing it wrong.

My apologies if it the post removal seems a bit "cloak and dagger", but we agree with senseless when he asked the question:

Quote from: ?? on ??

Doesn't it seem kind of silly to only purchase hardware from hashfast?

It does. We have a 25% expansion clause to fulfill and relying on a single manufacturer for servicing all our future expansion needs is not only short-sighted, but also bad business practice. If other manufacturers can deliver hashing power which fits well with the IceDrill's enterprise-level, high-density compute cluster we simply must have the conversation with them. Any announcements relevant to this topic will be made when/if the documentation to support them are finalised, not before.

EDIT: grammar

As previously stated we intend to purchase hardware from whom ever gives us the best price.
This is our intention and we are working towards this.
Once we have a signed deal we will announce this to our share holders, but for now we can't comment as we do not yet have a signed deal.
Please be aware that we are doing our best to get the best deals out there.

We have already purchased a big amount of HF equipment and hence then next batch of equipment we are looking to buy is in January/February.
//DeaDTerra

bouchon2cul

newbie

Activity: 21

Merit: 0

Quote from: ?? on ??

Have you secured any cointerra devices for jan delivery yet? They're at a much better price point than hash fast units for batch 2.

As you mentioned, you said you would keep your options open and not restrict it to hashfast only. You should definitely get in contact with cointerra and get some hash power purchased from them.

Yes, please respond!
Otherwise it looks more and more like a way to guarantee sales for HashFast regardless of offerings and losses for investors.

hd060053

hero member

Activity: 601

Merit: 503

@will, deadterra:

Why should investors still have trust into this security, when we see all these sells down to 0.0010? the next stop is at 0.0007

will

full member

Activity: 179

Merit: 100

Jutarul

donator

Activity: 994

Merit: 1000

Quote from: CanOpener on September 19, 2013, 11:21:50 AM

uh... flooding the market? how many shares have changed hands to 'flood' the market?

prices are established at the edge and in very illiquid markets, like this IPO, liquidity demands are much more influential than fundamentals. Until demand actually goes up (e.g. because the asset generates a cash flow) a small demand change by a single owner can have a significant impact on price. If you want to take advantage of this, do you fundamental analysis and place some limit orders for other people to dip into. Over time this way you can accumulate the asset at a close to undervalued price. Or make a profit from arbitraging the spread.

CanOpener

newbie

Activity: 34

Merit: 0

Have you actually done a cash flow modeling to see which one is better? I am pretty sure that the result would show IceDrill is way cheaper than buying from HF directly. If you don't know how to do it, I am sure others on this forum can enlighten us. I will give you a hint though (in case you missed the memo), the private shares protects public shares massively.

Quote from: VolanicEruptor on September 17, 2013, 02:09:06 PM

Quote from: molecular on September 17, 2013, 02:04:42 PM

Quote from: VolanicEruptor on September 17, 2013, 01:48:18 PM

Oh my god you guys.. get the fuck out of this dangerous bullshit.

The intensity of your shouting tells me you're buying and probably talking to the off-book-100k-seller already.

If I wanted to invest in Hashfast, I would purchase directly from them, AND get covered by their Miners Protection..
Icedrill is overvalued and to be polite about it, a complete ripoff. Cheesy

Topic: [BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast) - page 85. (Read 378647 times)