Author Topic: [ANN] [DVC] ASCMDVCPT Cryptostock Investment  (Read 14837 times)

Offline wiser

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Re: [ANN] [DVC] ASCMDVCPT Cryptostock Investment
« Reply #15 on: June 23, 2013, 02:39:13 pm »
What happened to the June 20 dividend?
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Offline FuzzyBear

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Re: [ANN] [DVC] ASCMDVCPT Cryptostock Investment
« Reply #16 on: June 23, 2013, 08:16:45 pm »
Site was down, will sort out tonight
BTC: 1FvMYwtkrQakoL8Zq1GjfKqTkm2a7TKt6N  |  LTC: LbMPUzwPRkWa5hCJGrEiRCeoYExY6Ujt1D  |  DEV: 1JfbPx4nSGFxfzhTK1h3gHbp1E1BkFbwFW 
PPC: PDtcFPhMa9Hc9zTfoRG7zcURCRpcpRdMym  |  TRC: 1FzdruHpffAeW2ZBctDLwR8P4APVpATu2j  |  FRC: 1BADxscUvT42SFXZwXgxEfWVDHkV1QPTEj
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Offline FuzzyBear

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Re: [ANN] [DVC] ASCMDVCPT Cryptostock Investment
« Reply #17 on: June 24, 2013, 12:32:07 pm »
Sixth Dividend Payout

The Sixth dividends have been paid out to the investors of Asic Miner DVC Passthrough (ASCMDVCPT) each share paid 20.23662303 DVC.
« Last Edit: June 27, 2013, 09:40:11 pm by FuzzyBear »
BTC: 1FvMYwtkrQakoL8Zq1GjfKqTkm2a7TKt6N  |  LTC: LbMPUzwPRkWa5hCJGrEiRCeoYExY6Ujt1D  |  DEV: 1JfbPx4nSGFxfzhTK1h3gHbp1E1BkFbwFW 
PPC: PDtcFPhMa9Hc9zTfoRG7zcURCRpcpRdMym  |  TRC: 1FzdruHpffAeW2ZBctDLwR8P4APVpATu2j  |  FRC: 1BADxscUvT42SFXZwXgxEfWVDHkV1QPTEj
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Offline wiser

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Re: [ANN] [DVC] ASCMDVCPT Cryptostock Investment
« Reply #18 on: June 27, 2013, 12:56:14 am »
So I've read all the way to page 20 on the ASIC Miner thread you pointed me to.  It's quite a story so far.  Good thing as I've been needing some exciting reading material :-)

A couple questions which may or may not get answered further down on that thread, but feel free to weigh in on in you wish:

1.  People who bought shares back when they were selling at 0.1 BTC and while BTC was less than thirty dollars (not sure how high it was back in the day but I just got past the part where it crashed to something like $10 per BTC) are sure sitting pretty now if they kept their shares, as they are now valued at 3.41 BTC with BTC being close to $100.  I'm wondering about the continued potential for growth in value of the shares now.  Where would you say the company is at now?  Still starting out?  Midway?  I guess another way to put it is to what extent have ASIC chips already been sold to their customers?  Have they sold to most of the ones who will buy, or are they just beginning to get into the market with lots of yet unrealized potential for new customers?  I know it's only been a few months, but anyway, I'm just learning about it.  What price might the share be say in a year, five years, ten years?  I'd be buying shares for the dividends at this point (I prefer to buy and hold rather than do frequent trades).  Still, it would seem to me that the potential for the share itself to grow would equate to increased dividends per share as well.  Mainly I want to rule out that coming in now, I'd be buying at a high point where it stays the same or drops as opposed to buying on the upside.  Your thoughts?

2.  Specifically on the DVC PT share, someone on another thread pointed out that it's overvalued compared to what the share is worth in BTC.  I did the math and he's right.  The share is currently trading at 8,000 to 9,000 DVC but at the current Vircurex exchange rate, shares should be right around 4,000 DVC each.  I'm guessing the overvaluing is a combination of Cryptostocks being a fairly small platform and people buying the shares without necessarily knowing all the fundamentals as well as having lots of DVC to spend.  But I wouldn't want to buy them for any higher than the true market price because then I'd lose out when it corrected.  Any possibility of issuing more shares to maybe bring the price down a bit?  Any other way to "encourage" a correction sooner rather than later?

So far, it's looking good, so I'm hoping this will be a good investment for me.
DVC: 1CWArtuzpytiXnJ6Ay8V4d7nQv3f5mVLEH
BTC: 1GTWhVxTQyQMoaXVoxQ73Jxy7uQZmnTt7C
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Offline FuzzyBear

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Re: [ANN] [DVC] ASCMDVCPT Cryptostock Investment
« Reply #19 on: June 27, 2013, 09:57:07 pm »
Hey wiser,

Many thanks for you post and questions, some I will be able to answer but others I feel are speculation that I can not comment on this thread as it is the official thread for the listing and I could be held accountable for my words that may be more my perception as opposed to hard fact from your questions and I just don't want to run into any trouble down the line.

What I feel I can say at the time of writing this is the following:

ASICMiner as a company is very much past the initial setup phase of a company, they have raised money, done their initial R&D and have produced a product that is generating revenue back for them and the investors.  They were the second company to ever produce a bitcoin mining ASIC and have expanded their line of products to allow individuals to mine using their chips they designed.  To say if they are still starting out or midway is speculation on my part so that is up for you to make a decision on, as a LOT can change very quickly in companies, and bitcoin :) I think we need to appreciate that this technology is cutting edge for the bitcoin network and we are only just at the initial phase of ASIC's.

Yes I read the post about the price of the ASCMDVCPT shares being currently overpriced compared to others..  I think there are many many factors that come into play why they were "overvalued" and perhaps I can explain a few here as there has been massive turmoil on the dvc value over the last few months in particular... since the initial listing the value has more than dropped to a 1/3rd of its value.  That means that the initial shares listed were listed 3 times lower than they would be if they were listed now.  Secondly the value of the ASICMiner shares have basically doubled... hence the value of the initial listing would be doubled again to meet the current value of the ASICMiner shares.  So basically what I am saying is that in the 2 months of listing the shares, the value of the shares has more than increased by 6 times the original value... so those who bought the original priced shares have seen a massive increase in the value of the share solely due to two factors outside of the listing (value of dvc and ASICMiner share) add to that that cryptostocks is the only investment site you can spend dvc on and there are not many dvc listings hence the markets controls the price... some might say that it is too expensive, but others will say that it is a constantly changing market and others would say that it is better to buy now than see the price continue to rise further and regret not investing sooner!! But I am diverging here and speculating a lot, merely to show how some of the factors affect the market.

Hope this answers some of your questions, I want to help explain as investing in stocks and shares etc can seem baffling and you are never sure what to look for and how to know what is good to invest in etc, so I hope I have made some things clearfor you.  I believe in the company ASICMiner and am in this for a LONG term investment, but everyone should manage their investment appropriately.

FuzzyBear
« Last Edit: June 27, 2013, 11:24:07 pm by FuzzyBear »
BTC: 1FvMYwtkrQakoL8Zq1GjfKqTkm2a7TKt6N  |  LTC: LbMPUzwPRkWa5hCJGrEiRCeoYExY6Ujt1D  |  DEV: 1JfbPx4nSGFxfzhTK1h3gHbp1E1BkFbwFW 
PPC: PDtcFPhMa9Hc9zTfoRG7zcURCRpcpRdMym  |  TRC: 1FzdruHpffAeW2ZBctDLwR8P4APVpATu2j  |  FRC: 1BADxscUvT42SFXZwXgxEfWVDHkV1QPTEj
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Offline twobits

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Re: [ANN] [DVC] ASCMDVCPT Cryptostock Investment
« Reply #20 on: July 04, 2013, 09:10:37 pm »
It may make sense to make a discussion thread?   I know speculation does not really belong in the official information thread nor really does talk of other funds and such.  Not that they should not be discussed, just better in another thread.

Thinking of ASIC Miners business as being based on sales is misunderstanding their model.  They originally did not even intend to do any sales at this point, but did that when they had trouble finding data center space quickly enough to absorb production.  They are also supposed to be starting on a better chip, so may be dumping out older chips to the end users.   The main business of ASIC miner is mining not sales.

I would like to point out that at least two things do give this fund more value over the other fund being compared to on btc.   It is more divisible,   and you usually pay a premium for that.  We also have a 1% fee, while they have a 5% fee.  That difference can add up over time if you plan to hold.
Also the fact we are in DVC can change the value for some,   up or down depends a lot on how you view devcoin and it's goals.

The DVC/BTC market is really pretty shallow still.   Rapidly trading just a few BTC worth can move the price.   So it is harder to draw true price comparisons than one would like.   Like most arbitrage opportunities it should correct itself pretty quickly.
« Last Edit: July 04, 2013, 09:14:06 pm by twobits »

Offline FuzzyBear

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Re: [ANN] [DVC] ASCMDVCPT Cryptostock Investment
« Reply #21 on: July 05, 2013, 12:41:27 am »
Ninth Dividend Payout

The Ninth dividends have been paid out to the investors of Asic Miner DVC Passthrough (ASCMDVCPT) each share paid 28.93082151 DVC.

Thank you to all the investors in ASCMDVCPT
BTC: 1FvMYwtkrQakoL8Zq1GjfKqTkm2a7TKt6N  |  LTC: LbMPUzwPRkWa5hCJGrEiRCeoYExY6Ujt1D  |  DEV: 1JfbPx4nSGFxfzhTK1h3gHbp1E1BkFbwFW 
PPC: PDtcFPhMa9Hc9zTfoRG7zcURCRpcpRdMym  |  TRC: 1FzdruHpffAeW2ZBctDLwR8P4APVpATu2j  |  FRC: 1BADxscUvT42SFXZwXgxEfWVDHkV1QPTEj
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Offline FuzzyBear

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Re: [ANN] [DVC] ASCMDVCPT Cryptostock Investment
« Reply #22 on: July 12, 2013, 08:21:19 pm »
Tenth Dividend Payout

The Tenth dividends have been paid out to the investors of Asic Miner DVC Passthrough (ASCMDVCPT) each share paid 27.17240263 DVC.

Thank you to all the investors in ASCMDVCPT
BTC: 1FvMYwtkrQakoL8Zq1GjfKqTkm2a7TKt6N  |  LTC: LbMPUzwPRkWa5hCJGrEiRCeoYExY6Ujt1D  |  DEV: 1JfbPx4nSGFxfzhTK1h3gHbp1E1BkFbwFW 
PPC: PDtcFPhMa9Hc9zTfoRG7zcURCRpcpRdMym  |  TRC: 1FzdruHpffAeW2ZBctDLwR8P4APVpATu2j  |  FRC: 1BADxscUvT42SFXZwXgxEfWVDHkV1QPTEj
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Offline FuzzyBear

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Re: [ANN] [DVC] ASCMDVCPT Cryptostock Investment
« Reply #23 on: July 18, 2013, 12:42:40 pm »
Eleventh Dividend Payout

The Eleventh dividends have been paid out to the investors of Asic Miner DVC Passthrough (ASCMDVCPT) each share paid 36.57980507 DVC.

Thank you to all the investors in ASCMDVCPT
BTC: 1FvMYwtkrQakoL8Zq1GjfKqTkm2a7TKt6N  |  LTC: LbMPUzwPRkWa5hCJGrEiRCeoYExY6Ujt1D  |  DEV: 1JfbPx4nSGFxfzhTK1h3gHbp1E1BkFbwFW 
PPC: PDtcFPhMa9Hc9zTfoRG7zcURCRpcpRdMym  |  TRC: 1FzdruHpffAeW2ZBctDLwR8P4APVpATu2j  |  FRC: 1BADxscUvT42SFXZwXgxEfWVDHkV1QPTEj
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Offline wiser

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Re: [ANN] [DVC] ASCMDVCPT Cryptostock Investment
« Reply #24 on: July 20, 2013, 09:55:53 pm »
Thanks for the replies.  I did invest some of my DVC in this and plan to add more slowly.  There are a lot of variables so it's hard to keep track of how each one fits in.  Here's what I see right now.  I do find this share to be expensive compared to what you can buy it for on BTC.co.  However, before I can buy shares on BTC.co, I have to sell DVC at whatever price they get and right now that price is low.  Also, regardless of the markup, ASCMDVCPT is the best vehicle for "growing" one's collection of Devcoins, meaning that if I put 180,000 DVC into ASCMDVCPT, I will get back far more than I will putting that same amount into any other DVC-denominated vehicle out there that I am currently aware of.  Also, the company behind the stock (whether it be denominated in BTC or DVC) is a very solid company as far as I can tell.  So I do see value in this.  I also find it frustrating that if I want to buy at any price besides the ask price I have to wait days and days with my open order since there doesn't seem to be a lot of trading volume.  And since I did buy at a higher price than what I'd pay for 1/10 TAT.ASICMINER, I do worry that I'll lose out on a correction.  Weighing all that I have a certain comfort level about how much I'm willing to invest in this and I'll stick to that for now.  I definitely want to invest some of my DVC as DVC and not trade all of them into BTC.  I guess that's part of the fun of being involved in something new.  It's a lot like the wild west and there's a lot of risk as well as potential for a lot of reward.  Hopefully in the future there will be more people interested and more options for investing DVC.
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Offline FuzzyBear

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Re: [ANN] [DVC] ASCMDVCPT Cryptostock Investment
« Reply #25 on: July 27, 2013, 11:50:31 am »
Twelfth Dividend Payout

The Twelfth dividends have been paid out to the investors of Asic Miner DVC Passthrough (ASCMDVCPT) each share paid 47.87741000 DVC.

Thank you to all the investors in ASCMDVCPT
BTC: 1FvMYwtkrQakoL8Zq1GjfKqTkm2a7TKt6N  |  LTC: LbMPUzwPRkWa5hCJGrEiRCeoYExY6Ujt1D  |  DEV: 1JfbPx4nSGFxfzhTK1h3gHbp1E1BkFbwFW 
PPC: PDtcFPhMa9Hc9zTfoRG7zcURCRpcpRdMym  |  TRC: 1FzdruHpffAeW2ZBctDLwR8P4APVpATu2j  |  FRC: 1BADxscUvT42SFXZwXgxEfWVDHkV1QPTEj
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Offline FuzzyBear

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Re: [ANN] [DVC] ASCMDVCPT Cryptostock Investment
« Reply #26 on: August 04, 2013, 12:18:08 am »
Thirteenth Dividend Payout

The Thirteenth dividends have been paid out to the investors of Asic Miner DVC Passthrough (ASCMDVCPT) each share paid 28.89961953 DVC.

Thank you to all the investors in ASCMDVCPT
BTC: 1FvMYwtkrQakoL8Zq1GjfKqTkm2a7TKt6N  |  LTC: LbMPUzwPRkWa5hCJGrEiRCeoYExY6Ujt1D  |  DEV: 1JfbPx4nSGFxfzhTK1h3gHbp1E1BkFbwFW 
PPC: PDtcFPhMa9Hc9zTfoRG7zcURCRpcpRdMym  |  TRC: 1FzdruHpffAeW2ZBctDLwR8P4APVpATu2j  |  FRC: 1BADxscUvT42SFXZwXgxEfWVDHkV1QPTEj
NMC: N7q9zg9h4Scfx6R25RTL8LdGxCBQbgq8wz  |  BBQ: bWnUiCU3MGxjKBFifHEtvXLjSq33wMFHbt ***** Earn DEV at http://devtome.com *****

Offline FuzzyBear

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Re: [ANN] [DVC] ASCMDVCPT Cryptostock Investment
« Reply #27 on: August 10, 2013, 04:29:28 pm »
Fourteenth Dividend Payout

The Fourteenth dividends have been paid out to the investors of Asic Miner DVC Passthrough (ASCMDVCPT) each share paid 42.15266034 DVC.

Thank you to all the investors in ASCMDVCPT
BTC: 1FvMYwtkrQakoL8Zq1GjfKqTkm2a7TKt6N  |  LTC: LbMPUzwPRkWa5hCJGrEiRCeoYExY6Ujt1D  |  DEV: 1JfbPx4nSGFxfzhTK1h3gHbp1E1BkFbwFW 
PPC: PDtcFPhMa9Hc9zTfoRG7zcURCRpcpRdMym  |  TRC: 1FzdruHpffAeW2ZBctDLwR8P4APVpATu2j  |  FRC: 1BADxscUvT42SFXZwXgxEfWVDHkV1QPTEj
NMC: N7q9zg9h4Scfx6R25RTL8LdGxCBQbgq8wz  |  BBQ: bWnUiCU3MGxjKBFifHEtvXLjSq33wMFHbt ***** Earn DEV at http://devtome.com *****

Offline FuzzyBear

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Re: [ANN] [DVC] ASCMDVCPT Cryptostock Investment
« Reply #28 on: August 23, 2013, 08:00:08 pm »
Fithteenth Dividend Payout

The Fithteenth dividends have been paid out to the investors of Asic Miner DVC Passthrough (ASCMDVCPT) each share paid 39.37365188 DVC.

Thank you to all the investors in ASCMDVCPT

Sorry the announcment is late on my part, rest assured you received the dividends on the day, not just now.

Sixteenth Dividend Payout

The Sixteenth dividends have been paid out to the investors of Asic Miner DVC Passthrough (ASCMDVCPT) each share paid 23.45942115 DVC.

Thank you to all the investors in ASCMDVCPT
BTC: 1FvMYwtkrQakoL8Zq1GjfKqTkm2a7TKt6N  |  LTC: LbMPUzwPRkWa5hCJGrEiRCeoYExY6Ujt1D  |  DEV: 1JfbPx4nSGFxfzhTK1h3gHbp1E1BkFbwFW 
PPC: PDtcFPhMa9Hc9zTfoRG7zcURCRpcpRdMym  |  TRC: 1FzdruHpffAeW2ZBctDLwR8P4APVpATu2j  |  FRC: 1BADxscUvT42SFXZwXgxEfWVDHkV1QPTEj
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Offline FuzzyBear

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Re: [ANN] [DVC] ASCMDVCPT Cryptostock Investment
« Reply #29 on: September 09, 2013, 10:32:23 pm »
Seventeenth Dividend Payout

The Seventeenth dividends have been paid out to the investors of Asic Miner DVC Passthrough (ASCMDVCPT) each share paid 29.37595357 DVC.

Thank you to all the investors in ASCMDVCPT
BTC: 1FvMYwtkrQakoL8Zq1GjfKqTkm2a7TKt6N  |  LTC: LbMPUzwPRkWa5hCJGrEiRCeoYExY6Ujt1D  |  DEV: 1JfbPx4nSGFxfzhTK1h3gHbp1E1BkFbwFW 
PPC: PDtcFPhMa9Hc9zTfoRG7zcURCRpcpRdMym  |  TRC: 1FzdruHpffAeW2ZBctDLwR8P4APVpATu2j  |  FRC: 1BADxscUvT42SFXZwXgxEfWVDHkV1QPTEj
NMC: N7q9zg9h4Scfx6R25RTL8LdGxCBQbgq8wz  |  BBQ: bWnUiCU3MGxjKBFifHEtvXLjSq33wMFHbt ***** Earn DEV at http://devtome.com *****