Thanks for the support Sukrim - will work on a post tonight or tomorrow detailing the initial coupon payment.
Topic: [BTC-TC] YABMC - page 26. (Read 45300 times)
Got my preordered shares + will update this post about the bonus payment, so far everything seems fine. Also the issuer is verified with GLBSE! 
Another update - trading will begin at 17:32 UTC - minor glitch we worked through... 
Waiting on Nefario - not sure why the shares aren't in my account to offer?!?
Will update ASAP!
Will update ASAP!
1:45 to go before pre IPO sale ends...
I asked nice the first time... 
I will have you know that I sold machined parts for my bitcoins, not some silly sacred shell beads. Although I am somewhat impressed at the term used.
Regardless, I'd prefer not to end up like the people of Zimbabwe.
Interestingly, the Zimbabwe dollar (100 trillion dollar note in particular) has become MORE valuable since it got pegged to other currencies as a collectible than it was when it was in circulation.
Can you please try to stay OT...
Thanks!
Thanks!
I will have you know that I sold machined parts for my bitcoins, not some silly sacred shell beads. Although I am somewhat impressed at the term used.
Thanks for the comments.
Annual return certainly makes some assumptions. But the calculation is 1.4429 ^ (365/7) -1 (also displayed in Meni's thread).
Also note GIGAMINING last traded at 1.399 -- $1 was a great price and the reason I bought some
Annual return certainly makes some assumptions. But the calculation is 1.4429 ^ (365/7) -1 (also displayed in Meni's thread).
Also note GIGAMINING last traded at 1.399 -- $1 was a great price and the reason I bought some
1 BTC per 5 m/hash is an acceptable price. 1.399 BTC is not (though apparently that's subjective). I believe someone also bought 1 share at $10, but I wouldn't expect you to price it as such.
I made my calculation like this:
30 BTC for 100 m/hash = ~ $145
at 29.6 cents per day gives...
145/.296 = 489.86 days.
I would assume that you'd be making around 50% profit from this (i.e. half of the money collected from issued bonds is profit for you). That's just a very large profit margin.
Oh, I don't know. What do you buy Bitcoins with, wampum?
To help increase confidence in the offering; a few pictures. Also, personal were e-mailed to Nefario this morning.
The rigs that will power YABMC (until BFL comes through) - 2 x 4x7970
One of my 3 other miners...
"Kong" - 2x5970 + 3x5870
The rigs that will power YABMC (until BFL comes through) - 2 x 4x7970
One of my 3 other miners...
"Kong" - 2x5970 + 3x5870
Thanks for the comments.
Annual return certainly makes some assumptions. But the calculation is 1.4429 ^ (365/7) -1 (also displayed in Meni's thread).
Also note GIGAMINING last traded at 1.399 -- $1 was a great price and the reason I bought some
Annual return certainly makes some assumptions. But the calculation is 1.4429 ^ (365/7) -1 (also displayed in Meni's thread).
Also note GIGAMINING last traded at 1.399 -- $1 was a great price and the reason I bought some
1 BTC per 5 m/hash is an acceptable price. 1.399 BTC is not (though apparently that's subjective). I believe someone also bought 1 share at $10, but I wouldn't expect you to price it as such.
I made my calculation like this:
30 BTC for 100 m/hash = ~ $145
at 29.6 cents per day gives...
145/.296 = 489.86 days.
I would assume that you'd be making around 50% profit from this (i.e. half of the money collected from issued bonds is profit for you). That's just a very large profit margin.
Thanks! It's nice to hear something like that. Now if only you were a college recruiter...
I've neglected school for the most part for almost my entire time in it. I blame that entirely on my ambition to learn. Initially one may find that ironic, but I feel what's being taught in school is mostly irrelevant to what I want to do with my life. Only recently I'm starting to accept that there's little I can do about the corrupt way work ethic and even "intelligence" is measured. It seems that I show a great deal of passion and ethic for most things I do outside of school. Now I'm sitting here towards the end of my junior year stuck with a terrible GPA, regret, and hopes that I find a way to counter my mistakes. Sorry for being completely off topic, this turned into quite a rant. I've just never had the chance to say any of this.
Anyway, good luck with the company!
Speaking as a fellow high-schooler, your pain is not unheard. I've found that it's just best to pretend the system actually works and use it as best you can, while doing your own projects on the side. Colleges are, quite honestly, more interested in personal motivation than GPA. If you show them what you've done with Cognitive, I think they'll be impressed. (Though improving your GPA wouldn't hurt nonetheless)
If I can offer you any assistance, don't hesitate to PM/email me. I've gotten a fair amount of experience navigating the typhoon that is our education system, and I'm always glad to help.
Sorry to derail the thread, but I thought that post deserved a reply. I'm also planning to pick up a few shares of this; doing my best to diversify my holdings now that some non-scams are coming on to GLBSE.
Thanks Garr255
Very impressed with Cognitive. You are wise and mature beyond your years - your parents (and shareholders) should be proud!
Very impressed with Cognitive. You are wise and mature beyond your years - your parents (and shareholders) should be proud!
Thanks! It's nice to hear something like that. Now if only you were a college recruiter...
I've neglected school for the most part for almost my entire time in it. I blame that entirely on my ambition to learn. Initially one may find that ironic, but I feel what's being taught in school is mostly irrelevant to what I want to do with my life. Only recently I'm starting to accept that there's little I can do about the corrupt way work ethic and even "intelligence" is measured. It seems that I show a great deal of passion and ethic for most things I do outside of school. Now I'm sitting here towards the end of my junior year stuck with a terrible GPA, regret, and hopes that I find a way to counter my mistakes. Sorry for being completely off topic, this turned into quite a rant. I've just never had the chance to say any of this.
Anyway, good luck with the company!
Thanks Garr255
Very impressed with Cognitive. You are wise and mature beyond your years - your parents (and shareholders) should be proud!
Very impressed with Cognitive. You are wise and mature beyond your years - your parents (and shareholders) should be proud!
Looks promising! I'll be picking up a few shares.
4 day difference is ~1% -- close enough 
86400 * 50 * (1*10^6) / (1626553.4813289*2^32) = 0.00061838 per day
.3 / .00061838 = 485 days
86400 * 50 * (1*10^6) / (1626553.4813289*2^32) = 0.00061838 per day
.3 / .00061838 = 485 days
Thanks for the comments.
Annual return certainly makes some assumptions. But the calculation is 1.4429 ^ (365/7) -1 (also displayed in Meni's thread).
Also note GIGAMINING last traded at 1.399 -- 1 BTC was a great price and the reason I bought some
Based on last traded prices (7:50 CST) paybacks are as follows:
Puremining: 663 days
BitBond: 462 days
Gigamining: 452 days
YABMC: 485 days
Again - I feel this is a competitive price!
Annual return certainly makes some assumptions. But the calculation is 1.4429 ^ (365/7) -1 (also displayed in Meni's thread).
Also note GIGAMINING last traded at 1.399 -- 1 BTC was a great price and the reason I bought some
Based on last traded prices (7:50 CST) paybacks are as follows:
Puremining: 663 days
BitBond: 462 days
Gigamining: 452 days
YABMC: 485 days
Again - I feel this is a competitive price!
It's a competitive price based upon traded prices, but not competitive for issued price. Gigamining owns for issued price (not sure what the issued price was for Bitbond and Puremining).
I apologize, I'm really not trying to be a dick
I just can't see how this is advantageous to the buyer. Thanks for the comments.
Annual return certainly makes some assumptions. But the calculation is 1.4429 ^ (365/7) -1 (also displayed in Meni's thread).
Also note GIGAMINING last traded at 1.399 -- $1 was a great price and the reason I bought some
Annual return certainly makes some assumptions. But the calculation is 1.4429 ^ (365/7) -1 (also displayed in Meni's thread).
Also note GIGAMINING last traded at 1.399 -- $1 was a great price and the reason I bought some
1 BTC per 5 m/hash is an acceptable price. 1.399 BTC is not (though apparently that's subjective). I believe someone also bought 1 share at $10, but I wouldn't expect you to price it as such.
I made my calculation like this:
30 BTC for 100 m/hash = ~ $145
at 29.6 cents per day gives...
145/.296 = 489.86 days.
I would assume that you'd be making around 50% profit from this (i.e. half of the money collected from issued bonds is profit for you). That's just a very large profit margin.
Thanks for the comments.
Annual return certainly makes some assumptions. But the calculation is 1.4429 ^ (365/7) -1 (also displayed in Meni's thread).
Also note GIGAMINING last traded at 1.399 -- 1 BTC was a great price and the reason I bought some
Based on last traded prices (7:50 CST) paybacks are as follows:
Puremining: 663 days
BitBond: 462 days
Gigamining: 452 days
YABMC: 485 days
Again - I feel this is a competitive price!
Annual return certainly makes some assumptions. But the calculation is 1.4429 ^ (365/7) -1 (also displayed in Meni's thread).
Also note GIGAMINING last traded at 1.399 -- 1 BTC was a great price and the reason I bought some
Based on last traded prices (7:50 CST) paybacks are as follows:
Puremining: 663 days
BitBond: 462 days
Gigamining: 452 days
YABMC: 485 days
Again - I feel this is a competitive price!
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