[BTCTC][[ASICMINER-PT]] - Public trading of ASICMINER shares - page 15.

burnside

legendary

Activity: 1106

Merit: 1004

Lead Blockchain Developer

Quote from: AMuppInTime on May 21, 2013, 08:31:09 PM

Quote from: CMMPro on May 21, 2013, 08:24:55 PM

Quote from: AMuppInTime on May 21, 2013, 08:19:07 PM

The website seems under attack again. Cloudflare trying to keep up but struggling.

I don't think it is an attack per se....just overload from people rushing to buy in before the dividend.
It will go away in a few hours.

Burnside says the site has been under DDoS attack on the front page - It is likely that cloudflare should be able to handle simple customer volume influx... I look forward to hearing back from Burnside for confirmation - Not too found of BTC-TC going dark on me...

Something load or hardware related. I am currently unable to log into the box. The other boxes running the db and wallet are ok though. I've reached out to the guys in the datacenter to take a look.

Cheers.

AMuppInTime

donator

Activity: 290

Merit: 250

Quote from: CMMPro on May 21, 2013, 08:24:55 PM

Quote from: AMuppInTime on May 21, 2013, 08:19:07 PM

The website seems under attack again. Cloudflare trying to keep up but struggling.

I don't think it is an attack per se....just overload from people rushing to buy in before the dividend.
It will go away in a few hours.

Burnside says the site has been under DDoS attack on the front page - It is likely that cloudflare should be able to handle simple customer volume influx... I look forward to hearing back from Burnside for confirmation - Not too found of BTC-TC going dark on me...

CMMPro

hero member

Activity: 588

Merit: 500

Quote from: AMuppInTime on May 21, 2013, 08:19:07 PM

The website seems under attack again. Cloudflare trying to keep up but struggling.

I don't think it is an attack per se....just overload from people rushing to buy in before the dividend.

It will go away in a few hours.

ThickAsThieves

hero member

Activity: 518

Merit: 500

Quote from: stripykitteh on May 21, 2013, 07:15:14 PM

Quote from: ThickAsThieves on May 21, 2013, 07:13:20 PM

Quote from: stripykitteh on May 21, 2013, 07:12:06 PM

Newbie question

How long does it usually take between requesting AM-PT shares be converted to direct and the change being processed? I don't want to hassle burnside as I know he's busy, but I was also hoping my transfer would be processed before dividends come.

Thanks.

1-5 days.

Thanks. So if I've already done an internal transfer to burnside but he hasn't processed it yet, I presume I still get dividends as per usual?

People are pretty good about dividends in mid-transfer. The general rule is, if you've paid for it, and the xfer request is in process waiting on Friedcat, you own it.

AMuppInTime

donator

Activity: 290

Merit: 250

The website seems under attack again. Cloudflare trying to keep up but struggling.

stripykitteh

legendary

Activity: 1176

Merit: 1001

CryptoTalk.Org - Get Paid for every Post!

Quote from: ThickAsThieves on May 21, 2013, 07:13:20 PM

Quote from: stripykitteh on May 21, 2013, 07:12:06 PM

Newbie question

How long does it usually take between requesting AM-PT shares be converted to direct and the change being processed? I don't want to hassle burnside as I know he's busy, but I was also hoping my transfer would be processed before dividends come.

Thanks.

1-5 days.

Thanks. So if I've already done an internal transfer to burnside but he hasn't processed it yet, I presume I still get dividends as per usual?

ThickAsThieves

hero member

Activity: 518

Merit: 500

Quote from: stripykitteh on May 21, 2013, 07:12:06 PM

Newbie question

How long does it usually take between requesting AM-PT shares be converted to direct and the change being processed? I don't want to hassle burnside as I know he's busy, but I was also hoping my transfer would be processed before dividends come.

Thanks.

1-5 days.

stripykitteh

legendary

Activity: 1176

Merit: 1001

CryptoTalk.Org - Get Paid for every Post!

Newbie question

How long does it usually take between requesting AM-PT shares be converted to direct and the change being processed? I don't want to hassle burnside as I know he's busy, but I was also hoping my transfer would be processed before dividends come.

Thanks.

creativex

sr. member

Activity: 434

Merit: 250

Quote from: CanadianGuy on May 21, 2013, 10:52:24 AM

what's the bakewell scam?

https://bitcointalksearch.org/topic/scam-ipo-bakewell-finally-a-transparent-investment-that-will-grow-104489

Quote from: Franktank on May 21, 2013, 12:07:51 AM

Quote from: CanadianGuy on May 21, 2013, 12:01:43 AM

Why is the price of ASICMINER shares on BTC-TC always seem significantly higher than the price on Bitfunder?

Because Burnside allows you to transfer XX number of shares for free outside the passthru once a month for DIRECT shares with friedcat. That's why these carry a premium price. Plus he's a gentlemen and a scholar.

burnside has done a great job structuring this passthru, btct.co, and litecoinglobal and it shows.

CanadianGuy

full member

Activity: 196

Merit: 100

what's the bakewell scam?

AMuppInTime

donator

Activity: 290

Merit: 250

Quote from: Franktank on May 21, 2013, 12:07:51 AM

Quote from: CanadianGuy on May 21, 2013, 12:01:43 AM

Why is the price of ASICMINER shares on BTC-TC always seem significantly higher than the price on Bitfunder?

Because Burnside allows you to transfer XX number of shares for free outside the passthru once a month for DIRECT shares with friedcat. That's why these carry a premium price. Plus he's a gentlemen and a scholar.

Because his site allows you to feel safer and still grants you extreme flexibility.

Franktank

hero member

Activity: 560

Merit: 500

Quote from: CanadianGuy on May 21, 2013, 12:01:43 AM

Why is the price of ASICMINER shares on BTC-TC always seem significantly higher than the price on Bitfunder?

Because Burnside allows you to transfer XX number of shares for free outside the passthru once a month for DIRECT shares with friedcat. That's why these carry a premium price. Plus he's a gentlemen and a scholar.

CanadianGuy

full member

Activity: 196

Merit: 100

Why is the price of ASICMINER shares on BTC-TC always seem significantly higher than the price on Bitfunder?

Caesium

hero member

Activity: 546

Merit: 500

Under attack again? Really struggling to put trades through.

GuiltySpark343

member

Activity: 98

Merit: 10

Quote from: ?? on ??

Is there a FAQ somewhere that explains all of this? If not, what is a passthrough share compared to a normal share? Is a share one actual miner ASIC machine working away somewhere? Thanks for anyone helping out.

http://coin.furuknap.net/how-to-buy-asicminer-shares/

Caesium

hero member

Activity: 546

Merit: 500

Quote from: ThickAsThieves on May 17, 2013, 07:22:06 PM

Here ya go: fnords.dontexist.com

Also, for ASICMINER hashing & other cool data: www.asicminercharts.com

Great, just what I was looking for, thanks

ThickAsThieves

hero member

Activity: 518

Merit: 500

Quote from: Caesium on May 17, 2013, 07:17:26 PM

Anyone aware of any better charts for ASICMINER-PT on btct? The supplied one is pretty inflexible.

Seems like a better one could be created by anyone with the available API data, I might have a go but wondering if anyone else had already done it.

Here ya go: fnords.dontexist.com

Also, for ASICMINER hashing & other cool data: www.asicminercharts.com

Caesium

hero member

Activity: 546

Merit: 500

Anyone aware of any better charts for ASICMINER-PT on btct? The supplied one is pretty inflexible.

Seems like a better one could be created by anyone with the available API data, I might have a go but wondering if anyone else had already done it.

GuiltySpark343

member

Activity: 98

Merit: 10

Wow AM-Pt prices are really climbing lately!

burnside

legendary

Activity: 1106

Merit: 1004

Lead Blockchain Developer

Quote from: Cozzie on May 15, 2013, 08:47:34 PM

Terms for Burnside's 100% ASICMINER passthrough:

Quote

Payment of dividends is to be made within 2 weeks of their issuance from ASICMINER.
Dividend payments made more than 72 hours after their issuance from ASICMINER will be paid 100% of the original ASICMINER dividend.

Exclusion of Guarantees

This pass-through makes no further guarantee shall any issues arise with ASICMINER's issuer. Should ASICMINER issuers requires any fees/process to claim shares arising from any issue/event, fees will be paid in full in the name of the pass-through holders from future dividends.

What is the percentage of dividend that is released by ASICMiner-PT? I am assuming based on the statement above it is not 100%?

Also, what does the statement under exclusion of guarantees mean?

It's 100% now. That's left over from the previous contract. Sorry about the confusion.

The rest boils down to:
- If ASICMINER goes under, don't get angry at the passthru.
- If ASICMINER starts requiring any kind of fees for transfer or maintenance, then we'll have to find a way to recover those fees. Most likely from the dividends.

Cheers.

Topic: [BTCTC][[ASICMINER-PT]] - Public trading of ASICMINER shares - page 15. (Read 74391 times)