- As soon as his bullshit math is disproven, he returns with some new bullshit math to "prove" that asicminer will fail and ultimately waste our time.
None of you disproved anything. None of you even tried. You just started calling me a troll and telling people to put me on their ignore list. What exactly was that meant to disprove?
Face it, my argument was blatantly obvious and your arguments were quite clearly ridiculous. Shareholders were simply too blinded by greed to see the truth of that at the time. You are making the same mistake all over again.
Like I said then, no one knows when. You didn't know then, and you don't know now. Saying a share price will fall isn't enough to make money. It's the ability to know when it will fall.
Of course I knew that competition would arise. To think that competition would not arise was simply pure delusion. To think that the competition would not reduce AM's profits was simply bad maths.
Look at when you were saying AM was overvalued, the price and profits increased significantly after your prediction. You were advising to not invest in AM when you could have doubled your money. You were off by several months, which meant significant profits earned by a lot of us during that time frame.
I wasn't off by months at all. I said AM wasn't worth the asking price and that by the end of year, you would realise that. So what if the price temporarily increased and you could have made money speculating? That's completely irrelevant. I'm talking about what the shares were worth. Are you claiming that AM was actually worth 5 BTC per share? AM has paid out around 0.6 BTC per share in divs and that was with it's massive network share and sales monopoly. Such profits will not be seen again. Anyone who bought at 5 BTC, clearly got ripped off.
Anyone can go and check those comments for themselves and they'll see how intellectually dishonest you are being. By refusing to admit you were wrong, you just make yourself look silly.
. That said I don't mind them now and then lot of different opinions help expand your viewpoint.
