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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1183. (Read 3917543 times)

legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Ask: 1.64 on BTCT Shocked

 Huh  WTF, the ask is only half that on BitFunder???
vip
Activity: 1316
Merit: 1043
👻
By your logic, ASICMINER is worth around 10% of total BTC.

If ASICMINER or anyone else gets over 50% of the network hashpower, then the BTC price will crash even if the controlling party doesn't do anything nefarious.

well if the stock is trading at 1btc 400,000 shares is 400,000 btc which is ~4% of total btc.
Not all 400,000 shares are/will float, and it's trading at 0.85 on BitFunder.
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
What if ASICMINER goes through a Bitcoin-style bubble and hits 10 BTC each? Wink

*fervently knocks on wood*

One consideration is how important their underwriting of network security is... so if they end up with ~1/3 of the total hash would it be reasonable to say the company is worth 1/3 of total btc, or perhaps you could say network security is half of all btc value, so controling 1/3 of total hash is worth 1/6 of total btc. Just some idle thoughts.
interesting.   control that much of "future mining of bitcoin" not ALL BITCOIN.   and the would be "control XX% of future bitcoin mining AS OF THIS POINT IN TIME".    or in your assumption.   yes the whole world would stand idly by if you could control a billion dollars with a 2 million investment.........
newbie
Activity: 44
Merit: 0
By your logic, ASICMINER is worth around 10% of total BTC.

If ASICMINER or anyone else gets over 50% of the network hashpower, then the BTC price will crash even if the controlling party doesn't do anything nefarious.

well if the stock is trading at 1btc 400,000 shares is 400,000 btc which is ~4% of total btc.
vip
Activity: 1316
Merit: 1043
👻
By your logic, ASICMINER is worth around 10% of total BTC.

If ASICMINER or anyone else gets over 50% of the network hashpower, then the BTC price will crash even if the controlling party doesn't do anything nefarious.
hero member
Activity: 490
Merit: 500
... it only gets better...
newbie
Activity: 44
Merit: 0
What if ASICMINER goes through a Bitcoin-style bubble and hits 10 BTC each? Wink

*fervently knocks on wood*

One consideration is how important their underwriting of network security is... so if they end up with ~1/3 of the total hash would it be reasonable to say the company is worth 1/3 of total btc, or perhaps you could say network security is half of all btc value, so controling 1/3 of total hash is worth 1/6 of total btc. Just some idle thoughts.
vip
Activity: 1316
Merit: 1043
👻
What if ASICMINER goes through a Bitcoin-style bubble and hits 10 BTC each? Wink
Then people become happy?
hero member
Activity: 560
Merit: 500
What if ASICMINER goes through a Bitcoin-style bubble and hits 10 BTC each? Wink

*fervently knocks on wood*
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
What if ASICMINER goes through a Bitcoin-style bubble and hits 10 BTC each? Wink
hero member
Activity: 560
Merit: 500
1 BTC/share Grin

Secret rocket is taking off!


Glad I picked up a dozen more shares this morning @ 0.805. Much higher than what I bought the bulk of my shares for, but obviously I got some of the last hugely under-priced ASICMINER shares available. If we actually start significantly boosting our hasing power next week and shipping devices soon, the 1.6BTC ask price right now on BTC-TC will sound like a bargain.   Grin

Well, there's been an announced 262 TH/s so far that friedcat can either sell or mine with. Seeing if there is more hashing power in the pipe that has yet to be mentioned.
vip
Activity: 1316
Merit: 1043
👻
1 BTC/share Grin

Secret rocket is taking off!


Glad I picked up a dozen more shares this morning @ 0.805. Much higher than what I bought the bulk of my shares for, but obviously I got some of the last hugely under-priced ASICMINER shares available. If we actually start significantly boosting our hasing power next week and shipping devices soon, the 1.6BTC ask price right now on BTC-TC will sound like a bargain.   Grin
BitFunder is still trading at 0.85
donator
Activity: 294
Merit: 250
1 BTC/share Grin

Secret rocket is taking off!


Glad I picked up a dozen more shares this morning @ 0.805. Much higher than what I bought the bulk of my shares for, but obviously I got some of the last hugely under-priced ASICMINER shares available. If we actually start significantly boosting our hasing power next week and shipping devices soon, the 1.6BTC ask price right now on BTC-TC will sound like a bargain.   Grin
hero member
Activity: 499
Merit: 500
1 BTC/share Grin

Secret rocket is taking off!

Hm, strange that bitfunder has both a lot more depth and is at a much lower price, yet the price rises on btct.co

If it were easy to arbitrage the two it would be a good arbitrage opportunity.  Although the spreads on btct.co are pretty wide compared to bitfunder.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
Ask: 1.64 on BTCT Shocked
full member
Activity: 219
Merit: 100
1 BTC/share Grin

Secret rocket is taking off!

Hm, strange that bitfunder has both a lot more depth and is at a much lower price, yet the price rises on btct.co
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
Wall at 1 being eaten on btct!  17 shares to go Smiley

edit: If we sell 5 TH/s of 10 GH/s blades at 50 BTC each, we're going to see 25000 BTC, or .0625 per share O.o
That's only <10% of inventory after this delivery!!!  And then we're getting 200 TH/s more...  1.5 BTC / share might not be enough. Wink
hero member
Activity: 499
Merit: 500
1 BTC/share Grin

Secret rocket is taking off!

Well, folks had their chance of buying shares sub 1 BTC/share. Come on April 22nd!!

Wow.  Wonder of much of this is due to a) the pending increased hash rate, b) the extra income to come from sales, c) increased publicity of asicminer due to #b.

Probably a virtuous circle of all three, but I'm glad for it!
hero member
Activity: 560
Merit: 500
1 BTC/share Grin

Secret rocket is taking off!

Well, folks had their chance of buying shares sub 1 BTC/share. Come on April 22nd!!
vip
Activity: 812
Merit: 1000
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