Hi, I have never had miner shares before, but im interesting in obtaining some. I want to buy some shares of AsicMiner, doing my own research this sounds like the best option I guess.
So basically its like a stock yes? Ive traded in the stock market so im familiar with how that works, but I also get paid every week?
I created an account on bctc.co - Is this the best place to get shares? I want to buy soon, thanks.
by the way, on that site it says AsicminerPT what does the PT stand for?So basically its like a stock yes? Ive traded in the stock market so im familiar with how that works, but I also get paid every week?
I created an account on bctc.co - Is this the best place to get shares? I want to buy soon, thanks.
BTCT has 2 share classes reread your questions
Direct shares are
https://btct.co/security/ASICMINER-PT
TAT shares are 1/100 shares
https://btct.co/security/TAT.ASICMINER
A strategy is to use your spare dividends to buy 1/100 shares and hold full shares
Also for small investors a full share is a lot more expensive than the pass-thrus
That said holding passthru shares can be cheaper if the price differential between the full shares and the pass-thrus is big enough
Here is a prospectus for the TAT shares
https://bitcointalksearch.org/topic/havelock-am100-a-new-micro-share-asicminer-passthrough-199449
