[TAT.VIRTUALMINE] - page 23. | Bitcointalksearch.org

ADgordo

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Activity: 203

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The World’s First Blockchain Core

Quote from: FloatesMcgoates on June 02, 2013, 06:00:19 PM

Nice to know that hopefully this will be on BTCT soon, I will definitely consider buying a few hundred shares.

However this is my main concern that might hold me back:

Buying a share is the equivalent of buying 1 MH/s in hashing ability. This amount of hashing power will remain static while difficulty will increase at around 10-20% every other week, so won't the value of the stock share go down significantly over time?

That, and, at current difficulty it seems that it will take ~250 days to break-even.

FloatesMcgoates

full member

Activity: 238

Merit: 100

Nice to know that hopefully this will be on BTCT soon, I will definitely consider buying a few hundred shares.

However this is my main concern that might hold me back:

Buying a share is the equivalent of buying 1 MH/s in hashing ability. This amount of hashing power will remain static while difficulty will increase at around 10-20% every other week, so won't the value of the stock share go down significantly over time?

ThickAsThieves

hero member

Activity: 518

Merit: 500

Quote from: btceic on June 02, 2013, 05:50:41 PM

If it does get approved what are your recommendations for transfer?

Transfer what? Shares from BF? I see no need to do that really. The BTCTC version will act separately on its own.

btceic

sr. member

Activity: 392

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♫ A wave came crashing like a fist to the jaw ♫

Quote from: ThickAsThieves on June 02, 2013, 05:19:26 PM

Quote from: FloatesMcgoates on June 02, 2013, 05:15:57 PM

Quote from: ThickAsThieves on June 02, 2013, 05:08:34 PM

Quote from: btcash on June 02, 2013, 04:23:03 PM

Quote from: FloatesMcgoates on June 02, 2013, 03:12:25 PM

It would be nice if this were on BTCT.

+1

An application has been submitted. Wink

If the application goes through will you sell shares at IPO price at BTCT?

Yes, assuming it gets approved somewhat quickly.

If it does get approved what are your recomendations for transfer?

ThickAsThieves

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Activity: 518

Merit: 500

Quote from: FloatesMcgoates on June 02, 2013, 05:15:57 PM

Quote from: ThickAsThieves on June 02, 2013, 05:08:34 PM

Quote from: btcash on June 02, 2013, 04:23:03 PM

Quote from: FloatesMcgoates on June 02, 2013, 03:12:25 PM

It would be nice if this were on BTCT.

+1

An application has been submitted. Wink

If the application goes through will you sell shares at IPO price at BTCT?

Yes, assuming it gets approved somewhat quickly.

FloatesMcgoates

full member

Activity: 238

Merit: 100

Quote from: ThickAsThieves on June 02, 2013, 05:08:34 PM

Quote from: btcash on June 02, 2013, 04:23:03 PM

Quote from: FloatesMcgoates on June 02, 2013, 03:12:25 PM

It would be nice if this were on BTCT.

+1

An application has been submitted. Wink

If the application goes through will you sell shares at IPO price at BTCT?

elefter

member

Activity: 67

Merit: 10

Quote from: ThickAsThieves on June 02, 2013, 05:08:34 PM

Quote from: btcash on June 02, 2013, 04:23:03 PM

Quote from: FloatesMcgoates on June 02, 2013, 03:12:25 PM

It would be nice if this were on BTCT.

+1

An application has been submitted. Wink

elefter

member

Activity: 67

Merit: 10

Quote from: TadpolesIsAWinner on June 02, 2013, 04:42:36 PM

I'm pretty new to the mining side of bitcoin, but using this calculator online http://www.bitcoinx.com/profit/ it appears that 200 shares will earn a profit of $1.01 USD/day. Am I reading this/entering the info correctly?

Yep you are right, but the catch is the increasing difficulty.. For example when the dificulty raises in the next few days to aproximetly 14495071 (just an estimation) you will get more like 0.862 USD/day

ThickAsThieves

hero member

Activity: 518

Merit: 500

Quote from: btcash on June 02, 2013, 04:23:03 PM

Quote from: FloatesMcgoates on June 02, 2013, 03:12:25 PM

It would be nice if this were on BTCT.

+1

An application has been submitted. Wink

TadpolesIsAWinner

jr. member

Activity: 52

Merit: 12

I'm pretty new to the mining side of bitcoin, but using this calculator online http://www.bitcoinx.com/profit/ it appears that 200 shares will earn a profit of $1.01 USD/day. Am I reading this/entering the info correctly?

btcash

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Activity: 968

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Quote from: FloatesMcgoates on June 02, 2013, 03:12:25 PM

It would be nice if this were on BTCT.

+1

ThickAsThieves

hero member

Activity: 518

Merit: 500

Quote from: GIANNAT on June 02, 2013, 02:59:36 PM

I would buy some if there wasn't WeExchange.. Why did you put this only on BitFunder and not on btct.co?

I may apply to list this on BTCTC soon. I had limited time this week to prepare for a larger IPO across exchanges and decided to focus on one.

If BTCTC is interested, I am too!

FloatesMcgoates

full member

Activity: 238

Merit: 100

It would be nice if this were on BTCT.

GIANNAT

legendary

Activity: 1038

Merit: 1000

Bitcoin entrepreneur and Pro Trader

I would buy some if there wasn't WeExchange.. Why did you put this only on BitFunder and not on btct.co?

ThickAsThieves

hero member

Activity: 518

Merit: 500

After about 4 hours, we're at about 45% of the IPO shares sold. Thanks to everyone for your support so far!

btceic

sr. member

Activity: 392

Merit: 250

♫ A wave came crashing like a fist to the jaw ♫

Quote from: Fabrizio89 on June 02, 2013, 11:36:32 AM

Finally a competitive offering for mid term investment. Thanks.
I hope you won't make the same mistake as picostocks issuer, who put into market more shares at half the market price without advice because the price was going too high. Let people know about your plans.

They also have TAT.ASICMINER shares as well fyi

Fabrizio89

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Activity: 924

Merit: 1000

I hope you won't make the same mistake as picostocks issuer, who put into market more shares at half the market price without advice because the price was going too high. Let people know about your plans if possible. Thanks.

joele

legendary

Activity: 1022

Merit: 1000

I'm thinking of buying more mining hardware, I'll probably invest in here.

ThickAsThieves

hero member

Activity: 518

Merit: 500

Quote from: Cozzie on June 02, 2013, 10:22:17 AM

So a BFL 5Gh will cost about 54.80 per Gh but your's will cost 7? How is that even possible, what is your hashing power backed by?

Your math is incorrect. I am selling 1 MH/s increments.

davecoin

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Activity: 816

Merit: 1000

Quote from: Cozzie on June 02, 2013, 10:22:17 AM

So a BFL 5Gh will cost about 54.80 per Gh but your's will cost 7? How is that even possible, what is your hashing power backed by?

mentioned on the 1st page:

Quote from: ThickAsThieves on June 02, 2013, 06:08:19 AM

Quote from: rini17 on June 02, 2013, 05:58:00 AM

Where do the dividends come from? If ASICMINER pays less than current mining reward per MH (due to various reasons, such as necessary reinvestment), will TAT fill up the dividend from own resources?

If ASICMINER dividends are insufficient, I have a reserved pool of bitcoins to cover any differences. As part of my personal plan to protect myself in this endeavor, I must reserve a fair amount of personal coins to remain agile and prepared for any market/mining shifts.

Also:

Quote from: ThickAsThieves on June 02, 2013, 05:10:47 AM

Backing of Bonds
The total amount of bonds issued will always be backed by a quantity of ASICMINER shares that represent an amount of hashing power that is equivalent to TAT.VIRTUALMINE’s total simulated hashing power, as determined by http://www.asicminercharts.com/live/ or the most recent hashrate as verified by ASICMINER staff.
Note: If ASICMINER shares begin to represent a decreasing amount of hashing, or if ASICMINER stops hashing altogether, TAT Investments will stop issuing new bonds until a sufficient alternative backing source can be established.

Topic: [TAT.VIRTUALMINE] - page 23. (Read 39830 times)