ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 761.

237

sr. member

Activity: 264

Merit: 250

People don't sell off, because there is no reason (the big chunk of shareholders)
I sold some shares at around 4. but given that i only payed .1 BTC/share as most people holding, there is really no point in selling more than i need to.

Even now we get back our invest every 9 weeks or so! Thats crazy good. The rest going on is just speculation of daytraders.
If you panic or get greedy, you just lose money. So chillax and lean back Wink

-237-

bbxx

hero member

Activity: 728

Merit: 500

cryptoshark

dont worry
real price is there:
https://bitcointalk.org/index.php?board=73.0

ajk

donator

Activity: 447

Merit: 250

No one with a significant amount of shares or coins can even capitalize off this panic sell, I wanted to but there is hardly enough shares being sold in order for me to benefit from catching the knife ( I also dont want to put up a big buy wall for someone to create more panic and selling off into it.), the price is being controlled by 7.5% of the overall shares in existence, what people should be looking at is how little large holders are willing to let go of their shares,

I try not to let the current price of a company determine whether or not its fundamentally sound however many look at the price and say its "to expensive" I try to look at things from a logical perspective and FC is and always has been the leader when it comes to the mining forefront,

he already stated that Sept and Oct would be when new generation chips and mining hardware will come online and has promised 1000TH prior to the end of the year if not sooner, I guess people do not have the patience in order to wait that long but its apparent that most people like to follow the herd

noodle_dam

hero member

Activity: 530

Merit: 500

Everytime I click on the 'My Value Analysis' tab on btct.co, it makes me need a margaritaaa.

>"ASICMINER: Entering the Future of ASIC Mining by Inventing It" very relevant.

ThickAsThieves

hero member

Activity: 518

Merit: 500

Quote from: Rebelution on August 24, 2013, 01:43:12 PM

Quote from: ThickAsThieves on August 24, 2013, 01:30:58 PM

Quote from: Rebelution on August 24, 2013, 01:18:11 PM

Quote from: eb3full on August 24, 2013, 01:01:42 PM

Today we had a difficulty change.

Yes, but AM appears to have completely stopped hashing... I know it is about 2 am in China, so worried this issue might not be resolved for a some time... Question for anyone that knows about chips: is it possible that the first gen chips after started failing after hashing for so long?

Could also be bad luck.

Theoretically it could be, but it would be extremely bad luck.

Also great to see you posting! Could you confirm that board members have not received any information that has caused this sell off?

EDIT: AM has only mined 8 blocks in the past 24 hours. If this was a one time thing, sure I will give the benefit of the doubt. But given that AM had "glitches" all last week, I think this points to a larger problem...

To my knowledge, none of the board members have "sold out", but I can't confirm that other than weekly, after div day, the same way you would.

Friedcat did publicly state he was retaining some income for expenses, but I do not know if he might be doing that by moving some hashing to a wallet that asicminercharts.com is not tracking. If he is doing such, it would affect one of the metrics everyone is using for price...

I am speculating mostly, but please note that you will never hear info from me that isn't already public, unless AM specifically asks me to post an update on their behalf.

SebastianJu

legendary

Activity: 2674

Merit: 1083

Legendary Escrow Service - Tip Jar in Profile

So some people cash out to invest in labcoin since they will start to build up TH soon. Fine. Its not that Asicminer is dead now. Asicminer is Labcoin in strong position already. And Asicminer will remain one of the big players that share the market of mining. Private miners soon wont play a big role anymore since they have to play prices they cant compete with Asicminer and similar companies for long. Simple as that.
So no, i wont give away my shares only because 2 things come together now. Investments in competitors and friedcat investments in new hashpower.

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

Quote from: ?? on ??

So AM valuation depends on:

* one week of dividends
* last 3 hours estimated hash rate

Good to know.

Ignorant people everywhere, what can you do.
They keep QQing, yet know nothing about stock investment.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

Quote from: teek on August 24, 2013, 01:45:50 PM

Quote from: ?? on ??

So AM valuation depends on:

* one week of dividends
* last 3 hours estimated hash rate

Good to know.

lmao - no kidding.. cheap shares nom nom nom

+100

teek

hero member

Activity: 667

Merit: 500

Quote from: ?? on ??

So AM valuation depends on:

* one week of dividends
* last 3 hours estimated hash rate

Good to know.

lmao - no kidding.. cheap shares nom nom nom

Rebelution

member

Activity: 70

Merit: 10

Quote from: ThickAsThieves on August 24, 2013, 01:30:58 PM

Quote from: Rebelution on August 24, 2013, 01:18:11 PM

Quote from: eb3full on August 24, 2013, 01:01:42 PM

Today we had a difficulty change.

Yes, but AM appears to have completely stopped hashing... I know it is about 2 am in China, so worried this issue might not be resolved for a some time... Question for anyone that knows about chips: is it possible that the first gen chips after started failing after hashing for so long?

Could also be bad luck.

Theoretically it could be, but it would be extremely bad luck.

Also great to see you posting! Could you confirm that board members have not received any information that has caused this sell off?

EDIT: AM has only mined 8 blocks in the past 24 hours. If this was a one time thing, sure I will give the benefit of the doubt. But given that AM had "glitches" all last week, I think this points to a larger problem...

Lincoln6Echo

legendary

Activity: 2461

Merit: 1058

Don't use bitcoin.de if you care about privacy!

Quote from: Rebelution on August 24, 2013, 01:18:11 PM

Quote from: eb3full on August 24, 2013, 01:01:42 PM

Today we had a difficulty change.

Yes, but AM appears to have completely stopped hashing... I know it is about 2 am in China, so worried this issue might not be resolved for a some time... Question for anyone that knows about chips: is it possible that the first gen chips after started failing after hashing for so long?

Chinese Police got hungry and ate the cat. Shocked

yummy

ThickAsThieves

hero member

Activity: 518

Merit: 500

Quote from: Rebelution on August 24, 2013, 01:18:11 PM

Quote from: eb3full on August 24, 2013, 01:01:42 PM

Today we had a difficulty change.

Yes, but AM appears to have completely stopped hashing... I know it is about 2 am in China, so worried this issue might not be resolved for a some time... Question for anyone that knows about chips: is it possible that the first gen chips after started failing after hashing for so long?

Could also be bad luck.

Rebelution

member

Activity: 70

Merit: 10

Quote from: eb3full on August 24, 2013, 01:01:42 PM

Today we had a difficulty change.

Yes, but AM appears to have completely stopped hashing... I know it is about 2 am in China, so worried this issue might not be resolved for a some time... Question for anyone that knows about chips: is it possible that the first gen chips after started failing after hashing for so long?

zefyr0s

sr. member

Activity: 245

Merit: 250

So was it just the 'impending btc bubble' or the current price also?

eb3full

vip

Activity: 198

Merit: 101

Today we had a difficulty change.

Rebelution

member

Activity: 70

Merit: 10

Quote from: friedcat on August 22, 2013, 12:14:24 AM

Why has the hashrate dropped the past weeks?
It dropped in different few days. Some of them are internal hardware/network glitches, some of them are luck based. We haven't identified any form of DDOS attacks recently though.

Looks like that glitch might be much more serious than we all thought...

AngelSky

hero member

Activity: 1008

Merit: 537

seems that the bottom was 2.251 finally.

SaintFlow

sr. member

Activity: 476

Merit: 250

The first is by definition not flawed.

When did Asicminer find its last block?
And why has it stopped to do so?
I mean is the tagging gone or what?

philipma1957

legendary

Activity: 4326

Merit: 8950

'The right to privacy matters'

Quote from: DiabloD3 on August 24, 2013, 12:33:57 PM

To all those saying "the biggest problem with AM right now is the price has dropped", you need to learn stock ownership 101 basics: if you think a stock is worth owning and the price has dropped, it merely has gone on sale, go buy more.

I may do just that. needs to go to 1.9 for me to buy.

DiabloD3

legendary

Activity: 1162

Merit: 1000

DiabloMiner author

To all those saying "the biggest problem with AM right now is the price has dropped", you need to learn stock ownership 101 basics: if you think a stock is worth owning and the price has dropped, it merely has gone on sale, go buy more.

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 761. (Read 3917468 times)