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Topic: 📈 NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012) - page 198. (Read 957542 times)

newbie
Activity: 29
Merit: 0
I'm considering investing in this stock!

I am confused about what one share represents, the Contract say that one share is a 20Mh/s?  Is that still the case or will one share be more?  The OP says 469GH and 6985 shares? 

So does this pay 469GH/6985 shares= 67 Mh/s  once the ASIC's arrive?

or does it pay 20 Mh/s?

sr. member
Activity: 369
Merit: 250
Not sure if I'm missing something, but what's with the sudden drop in the share prices lately?  There really that much doubt in BFL delivering, or are shares being dumped for liquidity purposes?  I'm looking at it as a good opportunity to buy honestly, but maybe I'm missing something... Huh

Yes, you're not fully aware of some of the deals going on. There is some amount of transparency though, because at least part of it is happening here on the bitcointalk forums:

/// Begin quotes from other threads ///

I'd be willing to sell put options on NASTY shares at the IPO price if you were interested in taking a short position.

I was confused by this.

I am proud to announce that we've added [GLBSE] NASTY to BLUECHIP at position 4 in the depth chart.

Thank you for adding NASTY to BLUECHIP.  Lots of great things on the way.

Nearly asked what was going on with that, but opted not to:

I know far more about how bitcoin works than how stocks and securities and the trading customs. Everything on the "trading of shares" side seems pretty standard though from what I can tell.


@OGNasty:

Really meant a lot when you explained a few things to me on IRC in realtime chat. WAY too many threads for me to watch everything that is happening and take it all in. IRC chat with one or two people at a time is more my speed. You should really hang out more in OTC and make some person to person trades and get your rating up a bit more. Feels weird that I'm one of the few people who gave you a rating so far.

All in all I have a lot of trust in the various deals going on, and also, there is diversification going on with the mining hardware itself, etc...

Overall  I'm happy with what I'm seeing.

Thanks OGNasty Smiley
donator
Activity: 4732
Merit: 4240
Leading Crypto Sports Betting & Casino Platform
A dividend of BTC14.16 has been paid.  


You might want to take a look at this  bASIC announcement. Sound like a good deal for expansion.
Thank you for bringing that to my attention.  I placed an order for 2x 54GH/s bASIC miners.  I also ordered another BitForce 'SC' 40GH/s miner and updated the "ordered" list on the OP.
member
Activity: 72
Merit: 10
Nice - good news all around!   Just out of curiosity which non-BFL ASIC were you leaning toward?

I'm looking into preordering an Avalon, but it looks like it would need to be ordered next week to get the preorder pricing.  With our shares currently so heavily undervalued due to the BFL & Goat/Nefario situations, I cannot sell more at this time to raise funds for this purchase without harming current shareholder value.  For that reason, I may just use my own funds and plan to recoup my costs with future share sales at much higher than current prices.  I feel like that is the best option I have for balancing expansion and maintaining shareholder confidence.  I've also registered with #Bitcoin-OTC Web of Trust and added a link in my forum signature to my OTC ratings page, in an attempt to further elevate shareholder trust in my abilities and intentions as an asset issuer on GLBSE.

You might want to take a look at this  bASIC announcement. Sound like a good deal for expansion.
donator
Activity: 4732
Merit: 4240
Leading Crypto Sports Betting & Casino Platform
Nice - good news all around!   Just out of curiosity which non-BFL ASIC were you leaning toward?

I'm looking into preordering an Avalon, but it looks like it would need to be ordered next week to get the preorder pricing.  With our shares currently so heavily undervalued due to the BFL & Goat/Nefario situations, I cannot sell more at this time to raise funds for this purchase without harming current shareholder value.  For that reason, I may just use my own funds and plan to recoup my costs with future share sales at much higher than current prices.  I feel like that is the best option I have for balancing expansion and maintaining shareholder confidence.  I've also registered with #Bitcoin-OTC Web of Trust and added a link in my forum signature to my OTC ratings page, in an attempt to further elevate shareholder trust in my abilities and intentions as an asset issuer on GLBSE.
member
Activity: 140
Merit: 27
Nice - good news all around!   Just out of curiosity which non-BFL ASIC were you leaning toward?
donator
Activity: 4732
Merit: 4240
Leading Crypto Sports Betting & Casino Platform
Not sure if I'm missing something, but what's with the sudden drop in the share prices lately?  There really that much doubt in BFL delivering, or are shares being dumped for liquidity purposes?  I'm looking at it as a good opportunity to buy honestly, but maybe I'm missing something... Huh

The share price is definitely not reflecting a change in the company's fundamentals. Outstanding share count is down, looks like we're going to see another strong dividend this week, and I've ordered another 1.2GH/s in FPGAs that should arrive within a month. The weather is also cooling down, so I should be able to increase our bitstreams soon. All positive things. In addition, I'm looking at placing an order for a competitor's ASIC miner to diversify a bit from BFL.
hero member
Activity: 686
Merit: 500
Wat
Not sure if I'm missing something, but what's with the sudden drop in the share prices lately?  There really that much doubt in BFL delivering, or are shares being dumped for liquidity purposes?  I'm looking at it as a good opportunity to buy honestly, but maybe I'm missing something... Huh

Probably got something to do with the BFL CEO being a convicted felon. I could be wrong though.

I dont mind picking up cheap shares though  Cool
member
Activity: 140
Merit: 27
Not sure if I'm missing something, but what's with the sudden drop in the share prices lately?  There really that much doubt in BFL delivering, or are shares being dumped for liquidity purposes?  I'm looking at it as a good opportunity to buy honestly, but maybe I'm missing something... Huh
donator
Activity: 4732
Merit: 4240
Leading Crypto Sports Betting & Casino Platform
The Dividends Paid statistic is now automated.
Thank you for your effort - I simply love statistics Cheesy

You're welcome.  Thanks for pointing out the Outstanding Shares statistic is available in real time and not just through the dividend API from the previous week.  I'll have that updated soon.
donator
Activity: 4732
Merit: 4240
Leading Crypto Sports Betting & Casino Platform
The Dividends Paid statistic is now automated.
donator
Activity: 4732
Merit: 4240
Leading Crypto Sports Betting & Casino Platform
Will ASIC equipment increase dividends?

Yes, very much so.  We will be going from our current 5,600MH/s to the ordered ASIC 320,000MH/s.
vip
Activity: 1302
Merit: 1042
👻
Will ASIC equipment increase dividends?
donator
Activity: 4732
Merit: 4240
Leading Crypto Sports Betting & Casino Platform
vip
Activity: 1302
Merit: 1042
👻
BFL BF SC Single or the $149 one?
donator
Activity: 4732
Merit: 4240
Leading Crypto Sports Betting & Casino Platform
I placed another order for a Bitforce Single yesterday.  Hopefully we have it in about 30 days, as it looks like BFL has greatly sped up their delivery times recently.
member
Activity: 140
Merit: 27
Another good week!  Just can't wait for the ASICs to be running :-D 
sr. member
Activity: 369
Merit: 250
Thanks so much. The new stats make sense to me.

... I'm still not sure what you meant earlier when you implied I had some paranoid idea in my head about "omg it's a conspiracy" or whatever. Nothing of the sort. I just thought something seemed off since the numbers didn't add up to my own observations on your security.

NASTY mining is quite nice. Thanks for putting in all the work so far.
donator
Activity: 4732
Merit: 4240
Leading Crypto Sports Betting & Casino Platform
A dividend of BTC14.3 has been paid.
donator
Activity: 4732
Merit: 4240
Leading Crypto Sports Betting & Casino Platform
I've updated the "current price" to say "last price" to remove any confusion.

UPDATE:
Thanks to Nefario adding dividend information to the API, Dividend Yield & P/E Ratio are now completely automated.  I've also added a new automated statistic showing the total number of shares on the market.  In addition to those automated updates, I will be manually updating the newly added Dividends Paid statistic.  When combined with the Coins Mined statistic, shareholders will be able to estimate what the next dividend will be beforehand.
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