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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 516. (Read 3917515 times)

newbie
Activity: 49
Merit: 0
think someone is making the price down and then buy back!!! use people's fear!!
legendary
Activity: 882
Merit: 1000
It's clearly a pump and dump.

Whenever a company announces an important date in advance, it has the responsibility to keep every shareholders informed at that date whatever the progress is. Otherwise, it shlould be punished by introducing an apparent chance of pump and dump.

Friedcat has definitely handled PR quite badly this time. In real stock market, he could have already be investigated by the regulation authority.
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
Watching the AM stock price move over the last week is a remarkable exercise in psychology, to see emerge a cycle of greed followed by a cycle of fear.

It is an interesting cycle trying to find the optimal is the challenge though
newbie
Activity: 30
Merit: 0
Watching the AM stock price move over the last week is a remarkable exercise in psychology, to see emerge a cycle of greed followed by a cycle of fear.
hero member
Activity: 602
Merit: 500
it's just a waiting game. when fc posts share price will either plummet or go up greatly. problem is noone knows what he will say.
seems some internal splits could be an issue. but, most of the core team have done well with their share of AM so it would seem like something petty to fight about. no point in speculating since there is nothing to speculate on.
hero member
Activity: 518
Merit: 500
We will not see any updates until new year has passed ,
FC never promised updates , he just told us the approximate date for tape-out , so chill out for 2-3 weeks

He did in fact promise bi-weekly updates. If bi-weekly means twice per week or every two weeks, is up for interpretation. But neither happened anyway.

Bi-weekly I'm pretty sure means "every 2 weeks' but since he hasn't posted for nearly 7 weeks now, you are right, neither has happened. And its got nothing to  do with the Chinese New Year which hasn't even happened yet.
hero member
Activity: 491
Merit: 500
We will not see any updates until new year has passed ,
FC never promised updates , he just told us the approximate date for tape-out , so chill out for 2-3 weeks

He did in fact promise bi-weekly updates. If bi-weekly means twice per week or every two weeks, is up for interpretation. But neither happened anyway.
hero member
Activity: 837
Merit: 1000
We will not see any updates until new year has passed ,
FC never promised updates , he just told us the approximate date for tape-out , so chill out for 2-3 weeks
hero member
Activity: 518
Merit: 500
Did you see friedcat crying last year about the new year holiday? I don't think he even so much as mentioned it, while carrying right on posting updates:

2013: Sunday, February 10, Snake

Posting on the 7th: https://bitcointalksearch.org/topic/m.1510110
Posting on the 14th: https://bitcointalksearch.org/topic/m.1527549
Posting on the 15th: https://bitcointalksearch.org/topic/m.1529563

After that I got bored but it's quite plain friedcat has worked right through a chinese new year before so why wouldn't he again?

Quite clearly because his mindset has changed, and the best guess is because his company has been split apart. You can detect that in all kinds of ways. Reduced frequency of official posts, reduced frequency of responses to emails, failing to produce Gen2 hardware at all (which has killed dividends for six months), other people producing hardware amazingly similar to his, not introducing a PR person when he said he would, not producing a blockchain-based exchange when he said he would ..... something has clearly gone badly wrong at ASICMINER. But he's never once alluded to the real reasons for such delays and problems. Just given out excuses. Time to sell I'm afraid. I'd rather have something than nothing.

anyone tried to ask BITMAIN if they had any relations with AM?


If they stole AM's IP they wouldn't admit it.
If FC secretly set up this 2nd company he wouldn't admit it.
Blind alley.
legendary
Activity: 1260
Merit: 1002
Did you see friedcat crying last year about the new year holiday? I don't think he even so much as mentioned it, while carrying right on posting updates:

2013: Sunday, February 10, Snake

Posting on the 7th: https://bitcointalksearch.org/topic/m.1510110
Posting on the 14th: https://bitcointalksearch.org/topic/m.1527549
Posting on the 15th: https://bitcointalksearch.org/topic/m.1529563

After that I got bored but it's quite plain friedcat has worked right through a chinese new year before so why wouldn't he again?

Quite clearly because his mindset has changed, and the best guess is because his company has been split apart. You can detect that in all kinds of ways. Reduced frequency of official posts, reduced frequency of responses to emails, failing to produce Gen2 hardware at all (which has killed dividends for six months), other people producing hardware amazingly similar to his, not introducing a PR person when he said he would, not producing a blockchain-based exchange when he said he would ..... something has clearly gone badly wrong at ASICMINER. But he's never once alluded to the real reasons for such delays and problems. Just given out excuses. Time to sell I'm afraid. I'd rather have something than nothing.

anyone tried to ask BITMAIN if they had any relations with AM?
hero member
Activity: 518
Merit: 500
Did you see friedcat crying last year about the new year holiday? I don't think he even so much as mentioned it, while carrying right on posting updates:

2013: Sunday, February 10, Snake

Posting on the 7th: https://bitcointalksearch.org/topic/m.1510110
Posting on the 14th: https://bitcointalksearch.org/topic/m.1527549
Posting on the 15th: https://bitcointalksearch.org/topic/m.1529563

After that I got bored but it's quite plain friedcat has worked right through a chinese new year before so why wouldn't he again?

Quite clearly because his mindset has changed, and the best guess is because his company has been split apart. You can detect that in all kinds of ways. Reduced frequency of official posts, reduced frequency of responses to emails, failing to produce Gen2 hardware at all (which has killed dividends for six months), other people producing hardware amazingly similar to his, not introducing a PR person when he said he would, not producing a blockchain-based exchange when he said he would ..... something has clearly gone badly wrong at ASICMINER. But he's never once alluded to the real reasons for such delays and problems. Just given out excuses. Time to sell I'm afraid. I'd rather have something than nothing.
hero member
Activity: 546
Merit: 500
Did you see friedcat crying last year about the new year holiday? I don't think he even so much as mentioned it, while carrying right on posting updates:

2013: Sunday, February 10, Snake

Posting on the 7th: https://bitcointalksearch.org/topic/m.1510110
Posting on the 14th: https://bitcointalksearch.org/topic/m.1527549
Posting on the 15th: https://bitcointalksearch.org/topic/m.1529563

After that I got bored but it's quite plain friedcat has worked right through a chinese new year before so why wouldn't he again?
member
Activity: 69
Merit: 10
Didn't even know they had a facebook page, lol

Not sure how much they are planning on selling to end users to be honest, but who knows anything about their plans these days.

When does Chinese New Year end officially?

THe festivities last for 15 days.
http://www.infoplease.com/spot/chinesenewyear1.html

And importantly starts on 31st January .... so we are talking mid-feb, great ...

Still beggars belief FC can't post anything during CNY though. Its not a crime in China to post to forums during festive season I presume? Smiley

Traditionally Chinese will have a fifteen days holiday for the spring festival. But that is only true for the old time rural part of China. However for the big cities like Shenzhen, which has a pro business culture, people will have a one week long holiday. Some aggressive business men will have a even short holiday. As long as FC is really wan two produce some thing, I don't think he couldn't find anyone to do it in time.
hero member
Activity: 491
Merit: 500
Share price currently collapsing. Now there's a shock.

No wonder as the cat isn't bothered to post any update. I also dunno if I shall buy more or sell all...
hero member
Activity: 518
Merit: 500
Share price currently collapsing. Now there's a shock.
hero member
Activity: 518
Merit: 500
Didn't even know they had a facebook page, lol

Not sure how much they are planning on selling to end users to be honest, but who knows anything about their plans these days.

When does Chinese New Year end officially?

THe festivities last for 15 days.
http://www.infoplease.com/spot/chinesenewyear1.html

And importantly starts on 31st January .... so we are talking mid-feb, great ...

Still beggars belief FC can't post anything during CNY though. Its not a crime in China to post to forums during festive season I presume? Smiley
hero member
Activity: 770
Merit: 501
Didn't even know they had a facebook page, lol

Not sure how much they are planning on selling to end users to be honest, but who knows anything about their plans these days.

When does Chinese New Year end officially?

afaik the facebook page is the only remaining official web presence. (asicminer.co & asicminer.info is down since a while now)
chinese year ends 31st January, let's see what the year of the horse has up its sleeves for the cat.
hero member
Activity: 518
Merit: 500
Didn't even know they had a facebook page, lol

Not sure how much they are planning on selling to end users to be honest, but who knows anything about their plans these days.

When does Chinese New Year end officially?
hero member
Activity: 770
Merit: 501
How about this for idle speculation. FC started getting worried that everyone was a spy from a competing mining company and felt that he could trust no one. Hence the drop in communication. Maybe gen2 chip designs were indeed stolen and the paranoia is justified. I could see myself going slowly crazy this way in his position.

former business partners or team members taking AM's design and selling products with new chips under another name.
not to forget Bitmain's no-preorder policy (what a coincidence  Lips sealed):
PR & Communications
We understand that transparency and communication to shareholders and the public needs improvement. We are in the process of identifying a dedicated employee for this. We will issue bi-weekly reports for shareholders and improve response time for questions.

while being in this doubtful mood i have to add it once again:
if AM plans on selling branded products for the endconsumer market on a larger scale in the future,
with growing competition the lack of a website is really starting to disappoint me.
(bitmain, knc, cointerra...every company has a site with shopsystem and partly a support forum while by contrast AM relies on scattered resellers, a facebook page and bitcointalk threads. as long as it works that way...good, but for how long?).

oh and by the way, what happened to the planned Blockchain-based exchange?
donator
Activity: 2352
Merit: 1060
between a rock and a block!
Has anyone tried just emailing friedcat and asking what's up?

I do it often with no responses.  fc changed completely awhile back in terms of communication.  don't know the reason. very strange.

on bitmain: the U1, in my opinion is made in the same factory that the ASICMiner USB was made in.  Some of the tiny physical aspects/details of the U1 and ASICMiner USB are IDENTICAL.

If I had to guess, I think the simplest explanation for what's going is: fc and ASICMiner had some sort of a revolt occur and a split occurred.  it wouldn't surprise me one bit if this was true.  But this is just SPECULATION on my part.  nothing more nothing less.


Might explain why Gen2 mysteriously "never happened", certainly a good as guess as any. Because like everyone says, all we can do is guess. Hopefully the team is now "100% together" and can move forward in harmony.

Whether there was a split or whatever, it certainly doesn't stop fc from entering into some simple communication on this forum. "Tapeout happened on schedule" or "Tapeout delayed until 30th January". How hard is that to post?
With the Chinese New Year, I doubt there will be any posts for the duration of it.
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