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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1091. (Read 3917543 times)

full member
Activity: 130
Merit: 100
Guys let's not get too excited here.

Sometimes companies pay out a one time special dividend that's way above normal.  Microsoft did that once.  The most recent case is Costco and Wynn Resorts (of Las Vegas fame).

There are some companies on Nasdaq or NYSE that pays out 90% of taxable income.  These are the investment trust companies.  These companies pays out 90% of the income to get tax advantages.  Try ticker symbol MPW, HGT.

More about HGT: http://seekingalpha.com/article/608191-hugoton-royalty-trust-how-to-buy-60-cents-for-a-dollar

Full Disclosure: I am not endorsing any companies mentioned.  Using them as example only.
full member
Activity: 130
Merit: 100

I can suggest the best firefox extension for alarms for changes in webspages. AlertBox.

How do you configure AlertBox? 

Installed and chose one of Friedcat's post, right click on Friedcat and added an alert to the element.

The pages keep adding up in the forum.  AlertBox checks updates on a single page.  Maybe I am missing something here?
full member
Activity: 224
Merit: 100
Im going to say it. I have a target of 10BTC for Asicminer before fall. 5BTC within 30 days.
sr. member
Activity: 322
Merit: 252
Great... i had the problem with some charts in google docs that i only could see the left part... the right part was hidden when the browser was too thin and there was no bar to move it. This website solves this... thanks...

By the way... is the other google docs, from the other user, gone that auto updated the shareprices too? I only see a google login for it.

I was aware of this problem (by accident because I've worked on 1280, 1680, and 1920 pixels wide monitors this week)
And I see it as a Google Docs bug...
The size of the chart depends on the monitor resolution when you create it..
So the sheet (I think it was this one) was created at a 1920 pixels wide monitor, and everyone who is viewing it in a lower resolution won't see the right and lower part of it :|
I've edited it now (don't ask how I did it Tongue) to be better viewable on lower resolution monitors, but on full HD monitors you now have a lot of white space around it  Undecided

The charts on the site always adjusts to the width of the monitor resolution Smiley
*Currently changing the host, so may be down for a short time
member
Activity: 98
Merit: 10
Not considering bitcoin that was or is lost or destroyed, the max it could ever be per share would be 52.499875 BTC.

Haha you must be the one who has 1 AM-PT share asking at 52.499875 on BTC-TC website! Smiley
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
The maximum share price possible would be approximately 20,999,950 (maximum number of bitcoins that could ever exist anywhere - the unspendable 50 coins generated in the genesis block by Satoshi) / 400,000 (outstanding shares of ASICMINER).

Not considering bitcoin that was or is lost or detroyed, the max it could ever be per share would be 52.499875 BTC.

So we have a ways to go.  Wink

You're forgetting the transaction fees, which are essentially infinite if we just have enough transactions, so thus the maximum price would be (infinite-50)/400K.

I also have a nice, red bridge for sale, if you want that. One owner only, located in San Francisco. 1,000 BTC only, you send first.

.b

The larger issue is that his math assumes that the only value for bitcoin would be to buy ASICMINER shares, which is impossible for a number of reasons, both logistical and economical.

The best answer for ASICMINER's top possible value: "The most anyone is willing to pay for it." Smiley

That and that maximum number of bitcoins is past our length of duration XD
Well unless we become cyborgs and ASIC miner develops cyber life chips
Now I'm just being silly  Tongue

And to Sebastian ah thought it was that one not sure then, sorry about that
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
I've just created a new site which combines all my ASICMINER hashrate charts (almost) full-screen on 1 page  Cool

www.asicminercharts.com

In the next days/weeks I'll improve it by creating a light & dark version, and maybe some thumbs at the top or side to quickly navigate to the desired chart Smiley


Great... i had the problem with some charts in google docs that i only could see the left part... the right part was hidden when the browser was too thin and there was no bar to move it. This website solves this... thanks...

By the way... is the other google docs, from the other user, gone that auto updated the shareprices too? I only see a google login for it.


Nope the google doc is still working at least mine is
https://docs.google.com/spreadsheet/ccc?key=0AkPdXsQFT-vIdHRVUjQ5Ql9BQWR6OENLMkhyUktUblE#gid=12
Not sure what url your using though

That said the company is interesting
Bullish sentiment is high and rightly so
But pondering is it justified == Warren or Apple or just caused by a damn big dividend XD
That said I keep a base position I won't sell easily and then a speculator side ha-ha but am a long runner Smiley
He-he I get to be the bear sometimes hmm those need a nickname too Tongue

Thats SmiGuels chart... there was another chart of another user who had a chart with all shareprices automatically updated. I cant reach it anymore now.
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
I've just created a new site which combines all my ASICMINER hashrate charts (almost) full-screen on 1 page  Cool

www.asicminercharts.com

In the next days/weeks I'll improve it by creating a light & dark version, and maybe some thumbs at the top or side to quickly navigate to the desired chart Smiley


Great... i had the problem with some charts in google docs that i only could see the left part... the right part was hidden when the browser was too thin and there was no bar to move it. This website solves this... thanks...

By the way... is the other google docs, from the other user, gone that auto updated the shareprices too? I only see a google login for it.


Nope the google doc is still working at least mine is
https://docs.google.com/spreadsheet/ccc?key=0AkPdXsQFT-vIdHRVUjQ5Ql9BQWR6OENLMkhyUktUblE#gid=12
Not sure what url your using though

That said the company is interesting
Bullish sentiment is high and rightly so
But pondering is it justified == Warren or Apple or just caused by a damn big dividend XD
That said I keep a base position I won't sell easily and then a speculator side ha-ha but am a long runner Smiley
He-he I get to be the bear sometimes hmm those need a nickname too Tongue
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
...
Grab what you can afford and watch friedcat's posts religiously.
...

I wrote a bot that scrapes his "Latest Posts" page and sends me an email and text message when he posts anything.

That's the closest thing to religion that I practice.

I can suggest the best firefox extension for alarms for changes in webspages. AlertBox.
sr. member
Activity: 800
Merit: 250
...
Grab what you can afford and watch friedcat's posts religiously.
...

I wrote a bot that scrapes his "Latest Posts" page and sends me an email and text message when he posts anything.

That's the closest thing to religion that I practice.
hero member
Activity: 518
Merit: 500
The maximum share price possible would be approximately 20,999,950 (maximum number of bitcoins that could ever exist anywhere - the unspendable 50 coins generated in the genesis block by Satoshi) / 400,000 (outstanding shares of ASICMINER).

Not considering bitcoin that was or is lost or detroyed, the max it could ever be per share would be 52.499875 BTC.

So we have a ways to go.  Wink

You're forgetting the transaction fees, which are essentially infinite if we just have enough transactions, so thus the maximum price would be (infinite-50)/400K.

I also have a nice, red bridge for sale, if you want that. One owner only, located in San Francisco. 1,000 BTC only, you send first.

.b

The larger issue is that his math assumes that the only value for bitcoin would be to buy ASICMINER shares, which is impossible for a number of reasons, both logistical and economical.

The best answer for ASICMINER's top possible value: "The most anyone is willing to pay for it." Smiley
member
Activity: 77
Merit: 10
I favor all points of the policy that Friedcat laid out in his latest update. I hope he continues to issue high dividends and if he or the other founders have ideas on other projects they should make those projects separate securities. I do not wish to have the risk associated with new projects correlated with the ASICMiner stocks I own. The founders of ASICMiner are legends and I am sure they will have no problems securing funding for new projects they are interested in.
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
The maximum share price possible would be approximately 20,999,950 (maximum number of bitcoins that could ever exist anywhere - the unspendable 50 coins generated in the genesis block by Satoshi) / 400,000 (outstanding shares of ASICMINER).

Not considering bitcoin that was or is lost or detroyed, the max it could ever be per share would be 52.499875 BTC.

So we have a ways to go.  Wink

You're forgetting the transaction fees, which are essentially infinite if we just have enough transactions, so thus the maximum price would be (infinite-50)/400K.

I also have a nice, red bridge for sale, if you want that. One owner only, located in San Francisco. 1,000 BTC only, you send first.

.b
hero member
Activity: 518
Merit: 500
Well, I personally believe the maximum value these shares could reach is 7.5BTC.

They say it's a fine line between optimism and delusional, I'm not sure which side you tread...

The maximum share price possible would be approximately 20,999,950 (maximum number of bitcoins that could ever exist anywhere - the unspendable 50 coins generated in the genesis block by Satoshi) / 400,000 (outstanding shares of ASICMINER).

Not considering bitcoin that was or is lost or detroyed, the max it could ever be per share would be 52.499875 BTC.

So we have a ways to go.  Wink

Wrong.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
Well, I personally believe the maximum value these shares could reach is 7.5BTC.

They say it's a fine line between optimism and delusional, I'm not sure which side you tread...

The maximum share price possible would be approximately 20,999,950 (maximum number of bitcoins that could ever exist anywhere - the unspendable 50 coins generated in the genesis block by Satoshi) / 400,000 (outstanding shares of ASICMINER).

Not considering bitcoin that was or is lost or detroyed, the max it could ever be per share would be 52.499875 BTC.

So we have a ways to go.  Wink

They said 1 BTC per share was delusional a few months ago.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
I've just created a new site which combines all my ASICMINER hashrate charts (almost) full-screen on 1 page  Cool

www.asicminercharts.com

In the next days/weeks I'll improve it by creating a light & dark version, and maybe some thumbs at the top or side to quickly navigate to the desired chart Smiley


Great... i had the problem with some charts in google docs that i only could see the left part... the right part was hidden when the browser was too thin and there was no bar to move it. This website solves this... thanks...

By the way... is the other google docs, from the other user, gone that auto updated the shareprices too? I only see a google login for it.


The problem is... friedcat and team knows well how to create hardware... im not sure they know good enough for every bitcoin investment. I mean diablo has created a fine miner but once he had his security many people were disappointed (dont want to clash diablo).

The next thing is... friedcat and team has much much work. So much work that they even cant put all into reality they want to. Now starting to search investments that might bring back something while in fact in your own company the same work could lead easily to way much more income isnt the best strategy.

Im with friedcat at this point. Everyone can crowdfund a project or something with his dividend. If there should be an investment security one could create it and who wants can invest in. In fact i believe there already are a couple of these. But friedcat and team have already their field of work they are very successful in. And there is even room for work they could do in this field.

So if something new starts it can be split away from AM too. So that everyone can decide for its own whats to do. Sounds like the best solution to me.
member
Activity: 87
Merit: 10
Well, I personally believe the maximum value these shares could reach is 7.5BTC.

Arguably it will be based on the market. Even as some people said the blades and USB miners were "too expensive", but according to who? Not according to the market.

What other entity other than ASICMINER is out there that is publicly traded, sells both hardware *and* mines (best of both worlds), can demonstrate a monster % of hashing as well as finished, quality mining hardware *with* warranties, and shipping out in a matter of days?

Not to mention the clear and regular updates given by friedcat, and the impressive dividends?

No other entity out there even comes close. In this case if you have BTC to invest, there is only one blue chip out there, so all valuations are meaningless when we're talking about a "flight or pull to quality". Until some other entity comes along that even matches some of ASICMINER's qualities, it really is no contest and I would not be surprised where the share price could go.
hero member
Activity: 560
Merit: 500
Well, I personally believe the maximum value these shares could reach is 7.5BTC.

They say it's a fine line between optimism and delusional, I'm not sure which side you tread...
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
I wonder if friedcat can start another version of ASICminer in a different geography (right now in Shenzen?) and IPO it separately...I want the chance to get in early on a friedcat operation.


I would like a second mining location in case of a disaster natural or man made. I hate to wake up and read that the world's largest bitcoin miner had a fire a flood etc.

 2 buildings in 2 cities  makes sense to me. even 3 in 3 .
hero member
Activity: 560
Merit: 500
I wonder if friedcat can start another version of ASICminer in a different geography (right now in Shenzen?) and IPO it separately...I want the chance to get in early on a friedcat operation.

Trust me, you're not the only one who wished this. I'm sure you've read posts about it but people paid 500 BTC (@ $12/BTC) for a board seat (5k shares) August 2012. Those people are sitting on roughly 9k BTC of assets valued at about $1 million today.

Do I wish I was one of those people? Absolutely but the same could be said of purchasing Google's IPO (seeing 8x growth) or Apple (not as much). Grab what you can afford and watch friedcat's posts religiously. The man's a household name in the BTC world. Just be ready when opportunity's at your door.
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