ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 534.

Mabsark

legendary

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Quote from: lophie on January 04, 2014, 12:37:17 AM

I appreciate the bullishness but price rising too fast for such a slow process. 12 days to TAPEOUT and not reciving your dividents. So take it easy guys and be more wise about your investments. Not saying ASICMINER isnt great but too fast too high, it smells bubbly....

Some AM shareholders have been telling people that the new chips will be available in January. Seems like the most logical reason for the rise to me.

dhenson

legendary

Activity: 994

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Quote from: velacreations on January 04, 2014, 02:07:53 AM

Quote from: dhenson on January 04, 2014, 01:16:38 AM

The fact that Gen 3 hasn't even taped out yet and we are dealing with a company that is batting .50 on successful ASIC designs.

They may have a cool hosting system in place, but if Gen 3 doesn't pan out this stock is done.

why is that all of the people that pumped Labcon are now trolling the AM thread?

Lol Vela, I'm not a Labcoin pumper... I'm a Labcoin victim.

However, I do find it interesting that your tune seems to have changed regarding AM. What turned you around?

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: empoweoqwj on January 04, 2014, 02:10:52 AM

Let's not have a trolling argument please. Thankfully this thread is relatively free of them. The 'ignore' button is always an option

I just find it interesting that the last few pages are filled with posts from those people. I wonder if it is related to the surge in price?

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: velacreations on January 04, 2014, 02:07:53 AM

Quote from: dhenson on January 04, 2014, 01:16:38 AM

The fact that Gen 3 hasn't even taped out yet and we are dealing with a company that is batting .50 on successful ASIC designs.

They may have a cool hosting system in place, but if Gen 3 doesn't pan out this stock is done.

why is that all of the people that pumped Labcon are now trolling the AM thread?

Let's not have a trolling argument please. Thankfully this thread is relatively free of them. The 'ignore' button is always an option

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: dhenson on January 04, 2014, 01:16:38 AM

The fact that Gen 3 hasn't even taped out yet and we are dealing with a company that is batting .50 on successful ASIC designs.

They may have a cool hosting system in place, but if Gen 3 doesn't pan out this stock is done.

why is that all of the people that pumped Labcon are now trolling the AM thread?

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: dhenson on January 04, 2014, 01:34:53 AM

Quote from: empoweoqwj on January 04, 2014, 01:31:07 AM

Noticed you'd been missing for a few months, the fact you sold you shares explains why

There's no reason for it to fall to 0.28 or anything like that in the next 7 days. Tapeout isn't even scheduled in the next 7 days so its not like they can miss a deadline....

If I've learned anything from this bitcoin market its that no news is bad news. Markets trend down in the absence of speculation. The unfortunate fact is that we've heard all we're going to hear regarding AM1 until tapeout completes. If one guy decides to buy a block of shares and run the price up, the only certainty is that it's going to return to the previous value in the absence of positive news.

I really wasn't trying to spread FUD, just had a drink too many and posted without thinking. Go Asicminer!?

Cool. No problem. Just the price bottomed a couple of weeks ago, and is now climbing. Could be one guy, who knows ... but I don't think so ... the general interest level is picking up now tapeout is near.

cheers

Fordee

full member

Activity: 146

Merit: 100

Quote from: dhenson on January 04, 2014, 01:34:53 AM

... just had a drink ..... Go Asicminer!?

/Tip +1 drink -- Compared to other threads, the AM threads are a breath of fresh air and intelligent debate.. Cheers!

dhenson

legendary

Activity: 994

Merit: 1000

Quote from: empoweoqwj on January 04, 2014, 01:31:07 AM

Noticed you'd been missing for a few months, the fact you sold you shares explains why

There's no reason for it to fall to 0.28 or anything like that in the next 7 days. Tapeout isn't even scheduled in the next 7 days so its not like they can miss a deadline....

If I've learned anything from this bitcoin market its that no news is bad news. Markets trend down in the absence of speculation. The unfortunate fact is that we've heard all we're going to hear regarding AM1 until tapeout completes. If one guy decides to buy a block of shares and run the price up, the only certainty is that it's going to return to the previous value in the absence of positive news.

I really wasn't trying to spread FUD, just had a drink too many and posted without thinking. Go Asicminer!?

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: dhenson on January 04, 2014, 01:25:03 AM

Quote from: jimmothy on January 04, 2014, 01:20:05 AM

Gen3 tapeout is the reason for the price increase. If they meet deadlines it will go even higher.

I really don't have a dog in this fight. I haven't owned Asicminer shares since 2.5 btc/share. However, as a guy with bitcoin to spend, I won't be buying at these prices.

The market is very thin and a single buyer can easily cause a run like we are seeing now. My statement was simply to warn the newer investors that these prices are unsustainable without better news and waiting might be the better play.

Noticed you'd been missing for a few months, the fact you sold you shares explains why

There's no reason for it to fall to 0.28 or anything like that in the next 7 days. Tapeout isn't even scheduled in the next 7 days so its not like they can miss a deadline....

Fordee

full member

Activity: 146

Merit: 100

Quote from: dhenson on January 04, 2014, 01:25:03 AM

I really don't have a dog in this fight. I haven't owned Asicminer shares since 2.5 btc/share. However, as a guy with bitcoin to spend, I won't be buying at these prices.

The market is very thin and a single buyer can easily cause a run like we are seeing now. My statement was simply to warn the newer investors that these prices are unsustainable without better news and waiting might be the better play.

+1 Agreed .. I see a long term future as AM tries to diversify.. The warning is a good one for all new comers looking for easy $.

jimmothy

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Activity: 770

Merit: 509

Quote from: dhenson on January 04, 2014, 01:25:03 AM

Quote from: jimmothy on January 04, 2014, 01:20:05 AM

Gen3 tapeout is the reason for the price increase. If they meet deadlines it will go even higher.

I really don't have a dog in this fight. I haven't owned Asicminer shares since 2.5 btc/share. However, as a guy with bitcoin to spend, I won't be buying at these prices.

The market is very thin and a single buyer can easily cause a run like we are seeing now. My statement was simply to warn the newer investors that these prices are unsustainable without better news and waiting might be the better play.

Thing is all AM has to do to come out on top is deliver. So far the only other asic manufacturer that has shown it can deliver is knc and they wont deliver neptunes for another 6 months. Also does anyone know if bitfury is working on next gen chips?

dhenson

legendary

Activity: 994

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Quote from: jimmothy on January 04, 2014, 01:20:05 AM

Gen3 tapeout is the reason for the price increase. If they meet deadlines it will go even higher.

I really don't have a dog in this fight. I haven't owned Asicminer shares since 2.5 btc/share. However, as a guy with bitcoin to spend, I won't be buying at these prices.

The market is very thin and a single buyer can easily cause a run like we are seeing now. My statement was simply to warn the newer investors that these prices are unsustainable without better news and waiting might be the better play.

Fordee

full member

Activity: 146

Merit: 100

dhenson -- You sound quite confident in your pricing..

  If you are right and it falls to .28 in the next 7 days, I'll help you minimize your loss and pain.

  The next time AM hits .28 in the next 14 days, I'll gladly buy each for a premium... umm, say .31 per share

  Feel free to PM me when you want to cash in. Roll Eyes

* Up to 10 immediately, /w escrow - and up to another 30 if you give me time to get $ to an exchange.

jimmothy

hero member

Activity: 770

Merit: 509

Quote from: dhenson on January 04, 2014, 01:16:38 AM

Quote from: empoweoqwj on January 04, 2014, 01:10:48 AM

Quote from: dhenson on January 04, 2014, 01:07:08 AM

Free investment advice...

AM1 will drop from .46 to .28 in the next 7 days.

You are welcome.

Based on?

The fact that Gen 3 hasn't even taped out yet and we are dealing with a company that is batting .50 on successful ASIC designs.

They may have a cool hosting system in place, but if Gen 3 doesn't pan out this stock is done.

Gen3 tapeout is the reason for the price increase. If they meet deadlines it will go even higher.

dhenson

legendary

Activity: 994

Merit: 1000

Quote from: empoweoqwj on January 04, 2014, 01:10:48 AM

Quote from: dhenson on January 04, 2014, 01:07:08 AM

Free investment advice...

AM1 will drop from .46 to .28 in the next 7 days.

You are welcome.

Based on?

The fact that Gen 3 hasn't even taped out yet and we are dealing with a company that is batting .50 on successful ASIC designs.

They may have a cool hosting system in place, but if Gen 3 doesn't pan out this stock is done.

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: dhenson on January 04, 2014, 01:07:08 AM

Free investment advice...

AM1 will drop from .46 to .28 in the next 7 days.

You are welcome.

Based on?

Fordee

full member

Activity: 146

Merit: 100

... actually, I think it's rising a bit faster and more sustained than should be expected for 'new idiot money' flowing in..

There doesn't seem to be much intelligence behind the Havelock buys.. It's just pure ravenous hunger for shares at any price..

Any people bottom fishing would bide their time testing before committing $5-10K+ dollars.., with 800+ pages of history.

Any new people that bought BTC (at $700+) who want to sink it into AM wouldn't have appeared all in the last 2 weeks.

Regardless of what price people want to dump shares for, there is a buyer there.. Approaching .5 already..

This all points to some entity that cares a lot more about 'Long term' than just div's over the next 6 months..

.. And BlueHorseshoe must really really love AsicMiner

dhenson

legendary

Activity: 994

Merit: 1000

Free investment advice...

AM1 will drop from .46 to .28 in the next 7 days.

You are welcome.

jimmothy

hero member

Activity: 770

Merit: 509

Quote from: empoweoqwj on January 04, 2014, 12:58:54 AM

Quote from: jimmothy on January 03, 2014, 11:38:14 PM

Quote from: Rival on January 03, 2014, 08:08:41 PM

My father (a font of wisdom hard earned) passed me down a small piece of advice that some should consider.

"Son, most people think they make money the day they sell something. Nothing could be more backwards. You make your money the day you buy. You would be surprised how many people lose money the day they sell. Learn the difference between gambling and investing. In gambling, you lay down your money and spin the wheel. If you win, you get paid, and if you lose, they take your money. The end. Investing is altogether different. The wheel keeps spinning and spinning and spinning. You get to choose when it stops."

For me, the AM wheel is still spinning. I think I will stop it later rather than sooner.

I like the quote. Going to steal that from your father.

It's a lovely quote. But in reality, we have no real information about what speed the AM wheel is spinning at. They are so slow these days. Can't even find someone to do PR after 3 months ..... but hey, the share price is rising, its a good day

Although having an active PR employee would be nice for us investors, it really doesn't help AM in any way and might even slow down the wheel.

I for one am pretty satisfied with monthly updates as I feel FC has proven himself enough to nit need constant communication.

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: jimmothy on January 03, 2014, 11:38:14 PM

Quote from: Rival on January 03, 2014, 08:08:41 PM

My father (a font of wisdom hard earned) passed me down a small piece of advice that some should consider.

"Son, most people think they make money the day they sell something. Nothing could be more backwards. You make your money the day you buy. You would be surprised how many people lose money the day they sell. Learn the difference between gambling and investing. In gambling, you lay down your money and spin the wheel. If you win, you get paid, and if you lose, they take your money. The end. Investing is altogether different. The wheel keeps spinning and spinning and spinning. You get to choose when it stops."

For me, the AM wheel is still spinning. I think I will stop it later rather than sooner.

I like the quote. Going to steal that from your father.

It's a lovely quote. But in reality, we have no real information about what speed the AM wheel is spinning at. They are so slow these days. Can't even find someone to do PR after 3 months ..... but hey, the share price is rising, its a good day

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