Pages:
Author

Topic: [Bitfunder] TAT.ASICMINER New Micro-share Passthrough - page 4. (Read 11492 times)

legendary
Activity: 1029
Merit: 1000
Damn, that was fast... I'm to late to buy Wink
hero member
Activity: 518
Merit: 500
TAT.ASICMINER Dividends have been paid at 0.00010531 per share.

Thanks!
hero member
Activity: 518
Merit: 500
So far, dividends have been paid weekly.
hero member
Activity: 938
Merit: 502
Aye, okay, gotcha.  Anyone know what the average duration between AM payouts is then?  Assuming the PT will be the same over the long run.
legendary
Activity: 1778
Merit: 1008
So if the shares were issued yesterday, why aren't the holders getting yesterday's dividends?

divdends went out may 1st.

Thanks, Arklan.

The decision to go live after dividends was quite intentional. I did not want confusion.

Also, I figured if I waited til after,then maybe some people that already owned shares would have some loose coin to spend buying the new fractional shares Smiley

in fact, this is exactly what i did. used my (1 share) dividend plus some of my mined btc to pick up 11 of your split shares. i fully intend to buy more as time allows. but first, an asic miner usb!
hero member
Activity: 518
Merit: 500
So if the shares were issued yesterday, why aren't the holders getting yesterday's dividends?

divdends went out may 1st.

Thanks, Arklan.

The decision to go live after dividends was quite intentional. I did not want confusion.

Also, I figured if I waited til after,then maybe some people that already owned shares would have some loose coin to spend buying the new fractional shares Smiley
legendary
Activity: 1778
Merit: 1008
So if the shares were issued yesterday, why aren't the holders getting yesterday's dividends?

divdends went out may 1st.
hero member
Activity: 518
Merit: 500
Because dividends were issued a whole day earlier.
hero member
Activity: 938
Merit: 502
Hey TAT, when will the first dividends be passed?  What is our starting date?  Because DeadTerra's shares got the 5/2 div's.  Just wondering, thanks man.

Dividends will start right after the next time Friedcat issues them, which should be next Wednesday/Thursday.

I'm committed to passing that dividend to shareholders as quickly as possible, but please note that I have built in 48-hour padding to the contract just in case something unexpected slows me down.

Also, if Friedcat issues any extra "surprise" dividends, those will be passed on the same way.

How long have you held the shares?  I'm trying to figure out what they're worth from a valuation/pricing perspective to figure out how many more to buy and at what price.

I'm not quite sure what you mean. I've held some of the shares longer than others  Smiley

I'd suggest taking a look at the whole market and where you think it is going to assess the value, as it will surely fluctuate. Also, the fact that these shares are fractional may or may not lead to them going at a premium, but other factors might offset that too. My suggestion is to have a plan for your BTC, a projection for dividends, a projection for share value, and a decision about how long you intend to hold your shares based on that factor.

Right now the price is untested and will likely move some before it settles. Even I'm not 100% sure what to buy and sell shares for this week, but generally I take comfort in the fact that AM continues to surprise and appease the bitcoin community. This is quite evident by the mood in the official AM thread.

All of these things not only affect value in general, but the value in relation to YOUR portfolio.

So if the shares were issued yesterday, why aren't the holders getting yesterday's dividends?
hero member
Activity: 518
Merit: 500
Hey TAT, when will the first dividends be passed?  What is our starting date?  Because DeadTerra's shares got the 5/2 div's.  Just wondering, thanks man.

Dividends will start right after the next time Friedcat issues them, which should be next Wednesday/Thursday.

I'm committed to passing that dividend to shareholders as quickly as possible, but please note that I have built in 48-hour padding to the contract just in case something unexpected slows me down.

Also, if Friedcat issues any extra "surprise" dividends, those will be passed on the same way.

How long have you held the shares?  I'm trying to figure out what they're worth from a valuation/pricing perspective to figure out how many more to buy and at what price.

I'm not quite sure what you mean. I've held some of the shares longer than others  Smiley

I'd suggest taking a look at the whole market and where you think it is going to assess the value, as it will surely fluctuate. Also, the fact that these shares are fractional may or may not lead to them going at a premium, but other factors might offset that too. My suggestion is to have a plan for your BTC, a projection for dividends, a projection for share value, and a decision about how long you intend to hold your shares based on that factor.

Right now the price is untested and will likely move some before it settles. Even I'm not 100% sure what to buy and sell shares for this week, but generally I take comfort in the fact that AM continues to surprise and appease the bitcoin community. This is quite evident by the mood in the official AM thread.

All of these things not only affect value in general, but the value in relation to YOUR portfolio.
hero member
Activity: 938
Merit: 502
Hey TAT, when will the first dividends be passed?  What is our starting date?  Because DeadTerra's shares got the 5/2 div's.  Just wondering, thanks man.

Dividends will start right after the next time Friedcat issues them, which should be next Wednesday/Thursday.

I'm committed to passing that dividend to shareholders as quickly as possible, but please note that I have built in 48-hour padding to the contract just in case something unexpected slows me down.

Also, if Friedcat issues any extra "surprise" dividends, those will be passed on the same way.

How long have you held the shares?  I'm trying to figure out what they're worth from a valuation/pricing perspective to figure out how many more to buy and at what price.
hero member
Activity: 518
Merit: 500
Hey TAT, when will the first dividends be passed?  What is our starting date?  Because DeadTerra's shares got the 5/2 div's.  Just wondering, thanks man.

Dividends will start right after the next time Friedcat issues them, which should be next Wednesday/Thursday.

I'm committed to passing that dividend to shareholders as quickly as possible, but please note that I have built in 48-hour padding to the contract just in case something unexpected slows me down.

Also, if Friedcat issues any extra "surprise" dividends, those will be passed on the same way.
hero member
Activity: 938
Merit: 502
Hey TAT, when will the first dividends be passed?  What is our starting date?  Because DeadTerra's shares got the 5/2 div's.  Just wondering, thanks man.
legendary
Activity: 1778
Merit: 1008
very interesting. my btc is currently ear-marked for a AM usb miner or 5, but i'm very happy to see this as well.
hero member
Activity: 518
Merit: 500
We are now live!

5000 shares will be offered in first wave. More shares will be made available according to demand.

https://bitfunder.com/asset/TAT.ASICMINER
hero member
Activity: 518
Merit: 500
I have yet to have to deal with a barrage of PMs, but I have to imagine that if I were frequently asked certain questions, I'd be prone to creating a FAQ page in response.   Smiley
legendary
Activity: 1106
Merit: 1006
Lead Blockchain Developer
Well, there's a difference between wanking and pulling your dick off. Complete lack of response is not the alternative to writing the same response a bunch of times because the information isn't easily available.

Right now, and I fear this may be the case quickly for the 100 PTs too, information and answers are burried in hundreds of pages of forum discussions. Shooting a PM to the operator is much easier and certainly contributes to the burden.

However, if there was a single place that contained the bulk of most frequently asked questions, a list of resources, references to important forum posts, etc, the operator can refer communication to that place. Whether that's a maintained forum post, a web page, or something else is beside the point, but it would probably help tremendously in keeping communication needs in check.

LOL.   Grin
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
On the first two, imagine if a PT operator didn't respond to requests for a while.  Word gets out, liquidity disappears, no one wants to buy in anymore, leaving current shareholders no way out if something comes up and they need cash.  That's the sort of value I was seeing for existing shareholders.

Well, there's a difference between wanking and pulling your dick off. Complete lack of response is not the alternative to writing the same response a bunch of times because the information isn't easily available.

Right now, and I fear this may be the case quickly for the 100 PTs too, information and answers are burried in hundreds of pages of forum discussions. Shooting a PM to the operator is much easier and certainly contributes to the burden.

However, if there was a single place that contained the bulk of most frequently asked questions, a list of resources, references to important forum posts, etc, the operator can refer communication to that place. Whether that's a maintained forum post, a web page, or something else is beside the point, but it would probably help tremendously in keeping communication needs in check.

OT somewhat, but I appreciate your frank take on the information management side of things.  I don't really want to put up a whole separate web page, but I've been thinking I need to shift more info from the OP on the forums into the details tab on the exchange.  Thoughts for other areas of improvement?  (maybe shoot me a PM)  I kind of like the idea of deferring to your blog.  Wink

As much as I appreciate that, it's a bit beyond the 100/PT discussion, so I'll shoot you an email.

.b
legendary
Activity: 1106
Merit: 1006
Lead Blockchain Developer
I would say the first two are valuable to the asset management more than to investors. News about AM is important to investors, and I don't think that should be in the hands of any PT.

There's by far enough information about both AM and for PTs in general.

The information parts of your estimate can to some extent be handled far better with some information management (and, with all due respect, both friedcat and you suck in that area). A web page, a FAQ link (here are the 5 most asked questions and their answers to which you can refer), and a thread here should reduce the amount of work significantly.

To me, the point of the idea is to support two scenarios first and foremost. One is fractional share DRIP, the other is to lower the barrier for new investors and better utilize investment potential. The way I see these offerings now, they are primarily targeting traders, which is fine, but it does so at the cost of buy-and-hold investors.

We'll see how the market reacts, but at these rates, I wouldn't buy. I'm in this for the long haul, though, so trading is more or less out of the question, even if I do sell and rebuy at times.

.b

On the first two, imagine if a PT operator didn't respond to requests for a while.  Word gets out, liquidity disappears, no one wants to buy in anymore, leaving current shareholders no way out if something comes up and they need cash.  That's the sort of value I was seeing for existing shareholders.

OT somewhat, but I appreciate your frank take on the information management side of things.  I don't really want to put up a whole separate web page, but I've been thinking I need to shift more info from the OP on the forums into the details tab on the exchange.  Thoughts for other areas of improvement?  (maybe shoot me a PM)  I kind of like the idea of deferring to your blog.  Wink

Cheers.


sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
I think the time breakdown for me is very roughly:

30% Answering PM's asking about ASICMINER-PT and ASICMINER.
30% Reading threads and responding.  (kind of PR. mostly just keeping facts straight.)
30% Managing transfers.
10% Moving divs when they come in, checking to make sure the right amount came in, scheduling divs, manually issuing divs that are screwed up because they're mid-transfer with Friedcat.  Wink

The first two categories are difficult to value, and yet are valuable to all investors in your asset. 

The other interesting consideration here is that long-term investors when they get to 100-ish shares can sell them and buy up to a long-term holding situation direct with ASICMINER or one of the 1 to 1 PT's.

I would say the first two are valuable to the asset management more than to investors. News about AM is important to investors, and I don't think that should be in the hands of any PT.

There's by far enough information about both AM and for PTs in general.

The information parts of your estimate can to some extent be handled far better with some information management (and, with all due respect, both friedcat and you suck in that area). A web page, a FAQ link (here are the 5 most asked questions and their answers to which you can refer), and a thread here should reduce the amount of work significantly.

To me, the point of the idea is to support two scenarios first and foremost. One is fractional share DRIP, the other is to lower the barrier for new investors and better utilize investment potential. The way I see these offerings now, they are primarily targeting traders, which is fine, but it does so at the cost of buy-and-hold investors.

We'll see how the market reacts, but at these rates, I wouldn't buy. I'm in this for the long haul, though, so trading is more or less out of the question, even if I do sell and rebuy at times.

.b
Pages:
Jump to: