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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 340. (Read 3917468 times)

member
Activity: 74
Merit: 10
Don't you think TAT's a scammer for being in bed with NeoBee?

Why do you think he doesn't post on here anymore? All that "insider trading" Havelock mentioned was TAT dumping shares, leaving all other "investors" out to dry. That's why he didn't push any further legal action, he got his BTC out. That's all that mattered to him. "ThickasThieves", a fitting name.
hero member
Activity: 728
Merit: 500
cryptoshark
now buy buy buy!
and hodl,

yesterday was a good day for trading, 0.12 bottom.
now 0.24 with potential to 0.3-0.4 in few days
still great profit opportunity

i hope friedcat will launch some immersion cointainers with own pcb design, a lot of money was dumped into those tanks and installations, i am sure that it will be used or sold in next few weeks.
legendary
Activity: 826
Merit: 1004
...
TAT never had a position. He had it because of the Passthrough management and he was forced out of it when Havelock took over. Now his personal opinion is one thing but he definitely doesn't have super secret conspiracy type information to base his opinion on.

Not sure where I led you to believe a conspiracy was involved.  Havelock dealings are a black box to me, so I'm uncertain how you came to the conclusion that TAT was "forced out."  But no conspiracy beyond the usual opaqueness needs to take place.

Don't you think TAT's a scammer for being in bed with NeoBee?
hero member
Activity: 491
Merit: 500
...
TAT never had a position. He had it because of the Passthrough management and he was forced out of it when Havelock took over. Now his personal opinion is one thing but he definitely doesn't have super secret conspiracy type information to base his opinion on.

Not sure where I led you to believe a conspiracy was involved.  Havelock dealings are a black box to me, so I'm uncertain how you came to the conclusion that TAT was "forced out."  But no conspiracy beyond the usual opaqueness needs to take place.

TaT was not forced out, he just had enough dealing with the Havelock passing through AM's biz. Moving on you know.. Yet i bet he still have some personal stake in AM.

He did not have enough dealing with the HL PTs to not introduce the NEOBEE PT though... Tongue
legendary
Activity: 1260
Merit: 1002
...
TAT never had a position. He had it because of the Passthrough management and he was forced out of it when Havelock took over. Now his personal opinion is one thing but he definitely doesn't have super secret conspiracy type information to base his opinion on.

Not sure where I led you to believe a conspiracy was involved.  Havelock dealings are a black box to me, so I'm uncertain how you came to the conclusion that TAT was "forced out."  But no conspiracy beyond the usual opaqueness needs to take place.

TaT was not forced out, he just had enough dealing with the Havelock passing through biz. Moving on stuff.. Yet i bet he still have some personal stake in AM.
sr. member
Activity: 378
Merit: 254
...
TAT never had a position. He had it because of the Passthrough management and he was forced out of it when Havelock took over. Now his personal opinion is one thing but he definitely doesn't have super secret conspiracy type information to base his opinion on.

Not sure where I led you to believe a conspiracy was involved.  Havelock dealings are a black box to me, so I'm uncertain how you came to the conclusion that TAT was "forced out."  But no conspiracy beyond the usual opaqueness needs to take place.
hero member
Activity: 644
Merit: 500
Inspired


No conspiracy.  But, we have become a really big group of whiny bitches.  (myself included)
Regardless if it's warranted or not - I wouldn't want to put up with us.


I wouldn't be so quick to be apologetic about investor behavior. It's largely attributable to the lack of information coming from AM. IMHO there would be a fraction of the problems if they reported and didn't let imaginations run wild. To blame investors for their poor behavior as a result of the situation is wrong.

The less communication we have, the more irritated we become.  
The more irritated we become, the less communication we'll be provided.

I totally agree with you.  But, there's no good reason for them to fix it.  We're irrelevant.



legendary
Activity: 1260
Merit: 1002
Mehh everything is on track. Within the next month or two, we will see even more miner companies blooming thx to AM's chips. The lately XBTec now advertizes 5Ph immersion cooled mining rigs on their websites (here come your new competitors spondoo..)..
https://bitcointalksearch.org/topic/m.7074332

AM share price will go up back to 0,4 in a blink once we got a better idea about quantities, production/selling prices, advancement in production, kicking off of solomining and franchising. They just started selling WORKING chips (in-stock!) for barely a month. Cut FC some slack so he can sell those 8M worth chips (production cost). And there's still a massive 3rd batch for june..
Tape out was successful 3 months ago only (or could it be 2 maybe? I remembered some delays so everything would be perfect - ie not like Avalon, Hashfast & co.).
I predict by july/august 1st round of agressive divs. Taking the price back to 0,7 at least.

Now keep your FUD to yourselves or feel free to sell your shares at those RIDICULOUS prices

edit: Plus AM is dealing with TSMC. thats no bullshit industry partner. what's 3 months of no divs? or even 5 or 6? or a year? NEVER in any normal companies divs has been payed every fucking weeks. you noobs.
vip
Activity: 840
Merit: 1000
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I guess there is an assumption that the board members were paid off to not say anything about the company being bought or some other nefarious event?

I'm not implying that the board members were paid off, but I know that TAT, for one, gave up his position.  I also have no idea how many shares are currently held by the board--shares could have changed hands at any point, by multiple means.  I'm also not clairvoyant, I don't always know exactly how each and every scam is done.  I simply allow for the fact that there are possibilities I haven't considered.  Con artists who are good at their trade are as specialized as aardvarks, they study and refine their craft just like any other professional. Just like I don't expect to understand the minutia of ant-eating, it seems foolish to assume I grasp the art of the con as fully as the ones working it.

And that's all I'm saying here--not understanding how a scam works is not proof of it not being a scam.  Everything beyond that was thrust onto me by ASICMINER fanbois and jittery "investors."  To be clearer still, I never called this a scam--merely pointed out that the odds of losing on this are astoundingly high.  Not only due to FC, but to a slew of third-party risks--exchanges, etc.  The potential upside in no way compensates for this, making this a nonstarter as an investment.

Hope this is a bit clearer.

TAT never had a position. He had it because of the Passthrough management and he was forced out of it when Havelock took over. Now his personal opinion is one thing but he definitely doesn't have super secret conspiracy type information to base his opinion on.

He was also speaking in a place that is very anti anything that MP is selling. There is a reason he did not say that stuff here.

anyway TAT is not a guy i would take trading advice from, or even trust with BTC.
sr. member
Activity: 378
Merit: 254
...
NotLambchop
1) Posts pics of Havelock "assets"
2) Takes data 'X' and misrepresents as 'Y'
3) Insults other users because they don't see it as 'Y'
4) Claims to be right, those who disagree = wrong

Clearly not a straw man's argument  Roll Eyes Cheesy

Do you understand what a straw man argument is?  Not one of your points, with the possible exception of (2), even implies it.
Re. (2):  What, specifically, are you talking about?
hero member
Activity: 924
Merit: 1001
Unlimited Free Crypto
...
I guess there is an assumption that the board members were paid off to not say anything about the company being bought or some other nefarious event?

I'm not implying that the board members were paid off, but I know that TAT, for one, gave up his position.  I also have no idea how many shares are currently held by the board--shares could have changed hands at any point, by multiple means.  I'm also not clairvoyant, I don't always know exactly how each and every scam is done.  I simply allow for the fact that there are possibilities I haven't considered.  Con artists who are good at their trade are as specialized as aardvarks, they study and refine their craft just like any other professional. Just like I don't expect to understand the minutia of ant-eating, it seems foolish to assume I grasp the art of the con as fully as the ones working it.

And that's all I'm saying here--not understanding how a scam works is not proof of it not being a scam.  Everything beyond that was thrust onto me by ASICMINER fanbois and jittery "investors."  To be clearer still, I never called this a scam--merely pointed out that the odds of losing on this are astoundingly high.  Not only due to FC, but to a slew of third-party risks--exchanges, etc.  The potential upside in no way compensates for this, making this a nonstarter as an investment.

Hope this is a bit clearer.

TAT never had a position. He had it because of the Passthrough management and he was forced out of it when Havelock took over. Now his personal opinion is one thing but he definitely doesn't have super secret conspiracy type information to base his opinion on.
full member
Activity: 224
Merit: 100


No conspiracy.  But, we have become a really big group of whiny bitches.  (myself included)
Regardless if it's warranted or not - I wouldn't want to put up with us.


I wouldn't be so quick to be apologetic about investor behavior. It's largely attributable to the lack of information coming from AM. IMHO there would be a fraction of the problems if they reported and didn't let imaginations run wild. To blame investors for their poor behavior as a result of the situation is wrong.
sr. member
Activity: 378
Merit: 254
...
I guess there is an assumption that the board members were paid off to not say anything about the company being bought or some other nefarious event?

I'm not implying that the board members were paid off, but I know that TAT, for one, gave up his position.  I also have no idea how many shares are currently held by the board--shares could have changed hands at any point, by multiple means.  I'm also not clairvoyant, I don't always know exactly how each and every scam is done.  I simply allow for the fact that there are possibilities I haven't considered.  Con artists who are good at their trade are as specialized as aardvarks, they study and refine their craft just like any other professional. Just like I don't expect to understand the minutia of ant-eating, it seems foolish to assume I grasp the art of the con as fully as the ones working it.

And that's all I'm saying here--not understanding how a scam works is not proof of it not being a scam.  Everything beyond that was thrust onto me by ASICMINER fanbois and jittery "investors."  To be clearer still, I never called this a scam--merely pointed out that the odds of losing on this are astoundingly high.  Not only due to FC, but to a slew of third-party risks--exchanges, etc.  The potential upside in no way compensates for this, making this a nonstarter as an investment.

Hope this is a bit clearer.
hero member
Activity: 761
Merit: 500
Mine Silent, Mine Deep
There is no friedcat.
"friedcat" is just an account with no RL name attached, Bitfountain could have easily changed account's owner down the line.

As long as he was giving regular updates yes, he was rightly labeled as reliable and trustable.
Then everything changed.
Like past dividends do not imply future dividends, past reputation do not imply you are still honest.
Especially if we don't even know who "he" is.

Brandon Lu (Xinyu Jiang)

The same name and email that friedcat used for email in 2012 is associated with the AM200 design documents from 2014 so I don't believe account ownership has changed.



hero member
Activity: 644
Merit: 500
Inspired
I'm not terribly excited about what happened here over the last few days.
Based on a few of the balance sheet assessments, I tend to agree that AM is setup pretty well over the next few quarters.

However, I do see a time where investors become too much of a pain in the ass - and totally unnecessary.
It would be better to buy them out, and become more private/

If it were me and I wanted to kill off investors.
I would cut off dividends.  Shut them out for awhile.  Let them panic.  Let the value tumble.  Buy back their shares.  And carry on.

No conspiracy.  But, we have become a really big group of whiny bitches.  (myself included)
Regardless if it's warranted or not - I wouldn't want to put up with us.
hero member
Activity: 770
Merit: 509
Feel free to point out any of my posts where I have been wrong.

Uses straw man's argument = therefore, can "never be wrong"  Roll Eyes

wat

Each time I called a fail, it failed.
Granted, the odds were stacked in my favor, since almost everything out there is either a scam or just some incorrigible child role-playing bznz, but nothing unfalsifiable about my predictions Smiley

Staw mans arguments + 9/10 odds of guessing correct by calling everything a scam = legitimately the smartest person on this forum.

Care to enlighten us on how asicminer is a scam?
member
Activity: 74
Merit: 10
Feel free to point out any of my posts where I have been wrong.

Uses straw man's argument = therefore, can "never be wrong"  Roll Eyes

wat

Each time I called a fail, it failed.
Granted, the odds were stacked in my favor, since almost everything out there is either a scam or just some incorrigible child role-playing bznz, but nothing unfalsifiable about my predictions Smiley

NotLambchop
1) Posts pics of Havelock "assets"
2) Takes data 'X' and misrepresents as 'Y'
3) Insults other users because they don't see it as 'Y'
4) Claims to be right, those who disagree = wrong

Clearly not a straw man's argument  Roll Eyes Cheesy
sr. member
Activity: 378
Merit: 254
Feel free to point out any of my posts where I have been wrong.

Uses straw man's argument = therefore, can "never be wrong"  Roll Eyes

wat

Each time I called a fail, it failed.
Granted, the odds were stacked in my favor, since almost everything out there is either a scam or just some incorrigible child role-playing bznz, but nothing unfalsifiable about my predictions Smiley
hero member
Activity: 770
Merit: 509
In addition to this, the reality of the entire board of directors not being aware of this and then also not acting out on it is extremely unlikely. A complete change in ownership may be possible to pull off from the perspective of a BitcoinTalk forum account, however to convince / trick / bribe the board of directors that this change happened and not verbalize this information sounds more like fantasy.
And how could they know?
AFAIK ASICMINER is a virtual company, doesn't really exist officially.
Bitfountain is the real company, and it is not publicly traded.
Are you aware that the so-called "board of directors" do not really meet face-to-face?
I'm not sure exactly how they communicate, but you are assuming there's a "real company" behind all that, while there isn't.
Nothing is "verbalized".


How do you imagine FC would be able to pull off such a conspiracy?

Do you really think the CEO could change without a single leak from one of his friends, family, business partners (don't think I need to remind you there are a lot), board members, employees or basically anyone who knows his real identity? We are talking 100+ people that would need to keep this secret.

Can we please stop entertaining this as if it is more than fantasy?
hero member
Activity: 630
Merit: 500
Bitgoblin
In addition to this, the reality of the entire board of directors not being aware of this and then also not acting out on it is extremely unlikely. A complete change in ownership may be possible to pull off from the perspective of a BitcoinTalk forum account, however to convince / trick / bribe the board of directors that this change happened and not verbalize this information sounds more like fantasy.
And how could they know?
AFAIK ASICMINER is a virtual company, doesn't really exist officially.
Bitfountain is the real company, and it is not publicly traded.
Are you aware that the so-called "board of directors" do not really meet face-to-face?
I'm not sure exactly how they communicate, but you are assuming there's a "real company" behind all that, while there isn't.
Nothing is "verbalized".
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