Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1320. (Read 3917029 times)

A legitimate and reputatable company works on a first come first serve basis. If you are the 10th in line at McDonalds, and people would be served before you because you had a "pay double, be served instantly option". How would you feel? Ignored because you choose to pay the normal price?

I am curious. What investment logic do you exploit here? What you said only makes sense if the players act as trend setters and you either want to liquidate anyway or re-buy at a lower price.

Ah ok... i read at wikipedia what lithography mask means and it seems its similar to etching a platine. I can imagine that the work on it takes a while. But i can imagine that some more man at it could speed the work up. The etching itself probably is faster or is it a very slow process because of the miniatue so to not break anything in process?

And the month until getting the queue in fab... i only can imagine that money can speed it up. What from it will take a month. That so many products are before it or the creation itself? If the creation itself isnt the biggest factor then for example they get some thousand $ and the whole fab is working on a sunday creating the product. Ready, shipped and mining away. The thousand $ are back fast way before bfl or any competitor has the chance. And as far as i remember there still is money available that isnt spent and probably isnt needed to spend.

I only mean... when time is of essence like in this case... every possible advantage should be checked. At least asking doesnt cost friedcat anything. And maybe he gets surprised...

Ah ok... i read at wikipedia what lithography mask means and it seems its similar to etching a platine. I can imagine that the work on it takes a while. But i can imagine that some more man at it could speed the work up. The etching itself probably is faster or is it a very slow process because of the miniatue so to not break anything in process?

The hardest step once you have the design finished is "tape out", where they produce the lithography mask for chip production. This takes awhile and must be triple checked by both friedcat's people and the fab. Then, he has to wait about a month for his slot in the queue at the fab to come up, then the fab produces the chips and then (optionally) shoves them in a package (the metal or plastic thing with pins sticking out that you call a chip; the actual circuit is inside of that).

Care to elaborate what things eat this time? I mean every production step i can imagine wouldnt take long. But im not a pro in this area. Such a timeframe sounds like the chips has to grow naturally...
Or is it only because of the amount of chips?

\ I mean production sounds to me like printing by robots and ready. \

Bolded the bit I don't get
havent read all the thread but just wanted to point out I am involved in ZERO IPO's i guess this was just a typo
best wishes
Graet

What strange world it would be where people can more easily see blocks broadcast from a single IP than read this thread, or listen to what I and now everyone else reading this who doesn't have a vested interest in seeing ASICMINER succeed are going to tell people. :-) Where does most of the core technical information get disseminated from? IRC, currently. And where do normal people get their information from? The technical people. Unless ASICMINER suddenly starts operating completely in secret, why and how would you hide your activities considering the GLBSE stock prices are directly tied to public information?

All this together means that spreading out your hashrate to other pools is basically pointless. Difficulty will increase, people will wonder why, and everyone who knows ASICMINER's schedules is going to tell them, "Oh, that extra 12TH is ASICMINER." There is no hiding in multiple pools. It's an illusion, and will be 99% transparent.


DDoS not required. What's keeping graet from doing it now? Absolutely nothing, he already has the IPO money now, doesn't he?


This doesn't really alleviate my concern: this validates it. friedcat is already aware of this problem. What he's really saying here is, "We're only cannibalizing our customers a little bit."

So the money's already there: you're using the mining as a force-multiplier. It's, much as the order to sell the bitcoins, a gambling effort with an unknown payoff, and the gamble is with investors' money.

Perhaps someone thought that they couldn't get full NRE+R&D from just an IPO? In that case, why open it up to the public @ GLBSE at all? That's just greedy.

When you bought at 0.88btc that probably was right at ipo. Its a real good trade because its the exact amount that would include the 12.5% on top that was offered. Thats probably why this price happened. I doubt this will happen again.
Youre right... when someone bought at 0.88 or bought at ipo with getting 12.5% then 0.1btc would be a profit. Maybe this person doesnt think that the share has potential to give him even higher returns and planned to buy including the 12.5% and sell it over time. So he doesnt have to take the risk that the chips dont work while he had made a sure profit in the meanwhile. Or he thinks its better to have invested less money.

Ok... i think it sounds like a good explaination that someone bought many shares at ipo including the 12.5% and planned to sell it before the chips come out to make a safe profit without risks. So he is holding a big number of shares and is selling it over time.
Only downside to this is... it doesnt make so much sense. He could set an offer for 20.000 shares at 1.1 and im sure he would have made more money with this while even saving the glbse-fees in the meanwhile. Dunno...

I dont know. It happened a good couple of times now that someone sold shares for 0.1btc. Ok, maybe he was frightened, but short after a good message in this thread?

It doesnt make much sense to me. I mean its probably the same person otherwise i dont see really why so many different persons should buy at 0.1 and sell at different times for the same amount.

Im only a bit suspicious about this. At least the seller has to be one of the buyers from ipo because the number of shares isnt changing. So i think it cant be some kind of scam does it? I mean i dont see a hint that anything at this project is suspicious but bitcoin investments are a minefield.

/Theorise on
I mean when someone wants to run a scam he maybe makes a plan that looks like much money so that the investors think that he cant afford to lose the much money. While in fact he is targetting to get away with a small portion of money. So he can hide this fact because all think the big money insures it. So maybe at ipo sell shares and, because you are the owner, you move some shares to yourself. Then stop selling so that customers think thats cool... he doesnt buy more even though he could. Strong sign its not a scam. A scammer would take as much money as possible.
Then over time the shares that were moved to the private account are sold. But only to the point to let the course be stable. But you can earn money and run. All looks safe and normal while one can run with the money at some point. Leaving behind shares that never were planned to have value. Only to let investors think the securityissuer has something to lose.
/Theorise off

Im only thinking around what these sells are. They dont make sense to me. Against my theorising speaks that none of my 1000 shares were bought. I mean they could have been bought without letting the course fall. Or are the shares all sold?

Or maybe the sells for 0.1 was a mistake because the seller simply calculated the amount of shares in the bidsection and sold a round number of shares. But no... there were 100BTC sold for 0.1BTC. Thats no error. And unfortunately exactly the amount for the 1000 shares i offered. *grmbl* glbse...

Move with the market. When I see multiple players looking to either liquidate large positions, or short sell an asset I'm holding, it's a good day to sell it down.

But whats the reason for this solds? I mean when he bought at ipo at 0.1btc he could make some money when selling it for 1.3BTC or so. 30% plus. But for 0.1? What reason is behind this?

Is there some way to right this wrong? GLBSE knows who obtained those shares.