Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1092. (Read 3917058 times)

They said 1 BTC per share was delusional a few months ago.

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.

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.

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

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 .

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.

turn it on and lets.... wait, what?

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.

They've proven to be good at several things.

Just because you are good at one thing doesn't mean you are good at everything.  BTC were put in by shareholder for a mandate to invest in ASICMINER for profit from ASIC (through mining / equipment sale / IP).  It's not in the best interest for ASICMINER to become a conglomerate.  We all see how companies have too much cash in the real world and start doing stupid things with it.

I'm very glad to see management paid out the a decent chunk of profit to shareholders while still retaining enough for development of new products and growth.

If you would have understood my post you would realize that I am not arguing that I am I'll equipped to "handle my own money" but rather that Friedcat, the group behind Asicminer etc. have know how, capital and connections that puts them in a unique position. A position that I believe no other entity in the bitcoin industry can challenge.

Why would I want to HAVE to micro manage investments when if I can let a group of more competent and well connected people provide the service for me with a higher chance of success?

Again, to me this is all about track record and trust. Sure, I could find investments, make phone calls, do research and invest myself. But if I had the choice of having Warren Buffet do it form me, I would probably be foolish not to let him..

In my opinion, letting share holders vote on "projects and investments" as motions would be a democratic and smart process for Asicminer to use.

Again, just my opinion.

As friedcat stated, if you want to invest in high risk whatever, you can do that with YOUR dividents on YOUR own risk. Why would everyone else have someone decide what with their earnings happens?
You can even reinvest your dividents into more shares.

And if you don't feel up to the responsibility of handling your own money, just send it to me

nice! a chart showing hardware sales would be nice aswell

and me 

My thoughts:

I personally think that the number crunching, dividend arguments and theories on hash rate are less important then the long term potential of the Asicminer intellectual capital.

I see my share ownership as a stake in one of the first well funded start ups in a brand new economy! In my mind, owning shares in Asicminer is akin to being an early investor in Cisco, PayPal, Microsoft or Tesla.

The Entrepreneurs behind Asicminer has in my opinion already proven to be exceptionally trust worthy and intelligent. They seem to be passionate and very well equipped to become a major part in the quickly growing hardware and service economy that is quickly growing around bitcoin.

My personal wish for the pleasant problem of "bitcoin surplus" is for Asicminer to use these funds as a well funded venture capital firm would, investing in high risk/reward bitcoin related projects and services.

Why? Simply because I believe that their track record shows that they are far more likely to succeed in helping bring new software, hardware and Eco system services to market then possibly anyone else in the bitcoin economy.

Sure I love dividends as much as the next guy, but I value the bitcoin Eco system even more. And I believe that the way for Asicminer to best achieve exponential growth would be to use their unique position, knowledge, contacts and capital position to invest in growth rather then leaving it up to me to grow my funds.

But hey, that's just me.

I think this is the best policy.  Thanks Friedcat for the update

SmiGuel, thanks for the sponsor link and for making such useful charts.

Can you tell us a little about how you collect the data for them? Is it all manually done, or are some things dynamic?

Thanks!

You should draw a rocket engine to the very last dividend.
It's hard to spot that jumping out of the chart dot out there

+1

I don't mind seeing opinions different to mine, as long as they are evidence-based and rational. It's not about picking 'sides', it's about trying to understand something new that is becoming important to a lot of people. Ad-hominem attacks do not an argument make.

How about a counter for the expected div by share which zeroes every week and updates four times a day  , BTW Donated because you are awesome... and because you are registering alot of domains just to provide us with your services -_-!, Sheesh man use subdomains.