Just an FYI, roughly 2000 AM shares were imported into BTCT over the past 2 days
Thanks for valuable info. 
Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 805. (Read 3917468 times)
August 08, 2013, 09:25:42 AM
August 08, 2013, 09:24:01 AM
Just an FYI, roughly 2000 AM shares were imported into BTCT over the past 2 days. My guess is that it is some seller(s) unloading some of that.
This used to happen all the time, but back then we had more buyers around to gobble it up. Now we are competing with all of the "hot" mining IPOs.
If AM does their job, the buyers may come back around when they see that AM shareholders get paid, while every other mining op watches the diff go up with no divs.
This is mostly speculation, and I may be biased, but it's my observation.
This used to happen all the time, but back then we had more buyers around to gobble it up. Now we are competing with all of the "hot" mining IPOs.
If AM does their job, the buyers may come back around when they see that AM shareholders get paid, while every other mining op watches the diff go up with no divs.
This is mostly speculation, and I may be biased, but it's my observation.
August 08, 2013, 09:15:33 AM
the IPOs are losing value, fast. I expect most of them to be close to or below IPO price by next week.
If we get an update from FC today, we may see a major share rebound. I wish I had more coins to buy these cheap shares!
If we get an update from FC today, we may see a major share rebound. I wish I had more coins to buy these cheap shares!
August 08, 2013, 07:20:00 AM
unless friedcat announces small blade at 5btc~7GH with power supply and usb interface.
August 08, 2013, 07:16:31 AM
Plus delays with hardware sales. And overall people think that competition is increasing with so many new ASIC producers.
The price of 5BTC and over was too high in my opinion, because own mining will probably produce 0.015 - 0.02BTC per week, but eventually hardware margins will be much lower. 0.036-0.038 dividends that AM gave out during the best weeks are not very likely in long term.
The price of 5BTC and over was too high in my opinion, because own mining will probably produce 0.015 - 0.02BTC per week, but eventually hardware margins will be much lower. 0.036-0.038 dividends that AM gave out during the best weeks are not very likely in long term.
August 08, 2013, 07:16:06 AM
I don't know about others, I am just buying what I can afford :-) (which is not much unfortunately)
August 08, 2013, 06:57:47 AM
People locking profits? Cashing out due to BTC/USD rate?
while I think the share price may take some more dips around 3.8, I think we are near the bottom of the slump. I believe the jumps in hash rate are related to new hardware coming online, which means new hardware for sale will follow, soon. With increased dividends from hardware sales, share prices will increase, likely hitting 5 btc within a few weeks.
I think there is not a lot of support under the share price since a lot of people sitting on profits they not locked in yet. Also a lot of speculative weak hands. Any negative catalyst and this will down below 3 quickly. The long-term may be up, but I bet this see 3.0 before it sees 5 again. Regardless of your long-term perspective, their will be a better entry point for new coins.
August 08, 2013, 06:47:09 AM
I think the recent sell off has to deal with the liquidity of direct shares. It seems like friedcat has gone to now only moving shares to new owners just before dividends on Wednesday. I myself was attempting to move some shares to gain more liquidity and to be able to take part in some other bitcoin investments. Because everyone got their shares moved at one time this created a sell dump, and then minor panic. I myself freaked out a bit before I realized this was probably the case. so now I have to wait a bit for this to blow over because fuck selling AM for anything below 4, are people insane?
If you want to check my hypothesis see how many shares Burnside now controls over last week. I know I can't be the only one who saw people doubling their money on an IPO in a few seconds and then wishing for more liquidity...
If you want to check my hypothesis see how many shares Burnside now controls over last week. I know I can't be the only one who saw people doubling their money on an IPO in a few seconds and then wishing for more liquidity...
That makes sense, although there's only IceDrill coming up?? So, this is increased liquidity, plus panic, plus buy lower cuz it's going down?
August 08, 2013, 06:37:00 AM
I think the recent sell off has to deal with the liquidity of direct shares. It seems like friedcat has gone to now only moving shares to new owners just before dividends on Wednesday. I myself was attempting to move some shares to gain more liquidity and to be able to take part in some other bitcoin investments. Because everyone got their shares moved at one time this created a sell dump, and then minor panic. I myself freaked out a bit before I realized this was probably the case. so now I have to wait a bit for this to blow over because fuck selling AM for anything below 4, are people insane?
If you want to check my hypothesis see how many shares Burnside now controls over last week. I know I can't be the only one who saw people doubling their money on an IPO in a few seconds and then wishing for more liquidity...
If you want to check my hypothesis see how many shares Burnside now controls over last week. I know I can't be the only one who saw people doubling their money on an IPO in a few seconds and then wishing for more liquidity...
August 08, 2013, 06:34:47 AM
This low of a price is mind boggling when you consider the dividend history he has put up....I think that tells us a lot.
Most of these so called investors are really speculators looking only at jumping onto the next high speed train.
Slow and steady wins the race kiddies...no one ever told them the story of the tortoise and the hare?
Most of these so called investors are really speculators looking only at jumping onto the next high speed train.
Slow and steady wins the race kiddies...no one ever told them the story of the tortoise and the hare?
Even if you believe that a company will succeed you can close a position and open it later at lower prices. If the market tells you that "sell" is the rule, then just sell high and buy back later. Get more shares to sell them when you get the "all-time-high"
(if you are right about the success of this company). Nothing wrong here. 
August 08, 2013, 06:23:44 AM
This low of a price is mind boggling when you consider the dividend history he has put up....I think that tells us a lot.
Most of these so called investors are really speculators looking only at jumping onto the next high speed train.
Slow and steady wins the race kiddies...no one ever told them the story of the tortoise and the hare?
Most of these so called investors are really speculators looking only at jumping onto the next high speed train.
Slow and steady wins the race kiddies...no one ever told them the story of the tortoise and the hare?
August 08, 2013, 06:23:18 AM
This seems to me to be a trapped whale... 
The IPO hype has greatly diminished.
The IPO hype has greatly diminished. 
August 08, 2013, 06:19:56 AM
This low of a price is mind boggling when you consider the dividend history he has put up....I think that tells us a lot.
Most of these so called investors are really speculators looking only at jumping onto the next high speed train.
Slow and steady wins the race kiddies...no one ever told them the story of the tortoise and the hare?
Most of these so called investors are really speculators looking only at jumping onto the next high speed train.
Slow and steady wins the race kiddies...no one ever told them the story of the tortoise and the hare?
August 08, 2013, 06:15:41 AM
We are approaching 40% APR with the current price!
By the way, what is the rationale behind the sell off?
By the way, what is the rationale behind the sell off?
Fear of the future. Cash needs. Buy back when shares are cheaper. All this ?
August 08, 2013, 06:14:48 AM
3.5 milestone
Crazy. I never thought we'd have another opportunity like this. Share price could easily increase 50%+ in less than a month if hardware sales materialize.
I love the fact that low-information investors chasing the next big IPO are allowing the rest of us to get rich from ASICMINER once again.
August 08, 2013, 06:12:08 AM
We are approaching 40% APR with the current price!
By the way, what is the rationale behind the sell off?
By the way, what is the rationale behind the sell off?
August 08, 2013, 06:07:54 AM
3.5 milestone
August 08, 2013, 04:06:23 AM
With all these mining companies coming up, petahashes (PH/s) is now the "norm". Friedcat now has the go ahead to start prepping the exahashes (EH/s), without worry of the upcoming total network hashrate. 
I don't see petahashes anywhere.
August 08, 2013, 03:19:59 AM
Did i miss a reason why AM-Shares are priced so low at the moment? The divs are high as always so i dont see why...
I think the primary reason people have been discussing, that investors are cashing out of ASICMINER to invest in new startups (unwisely IMHO), is likely one of the primary causes of the low share price. Others likely include the lower dividends recently, the lack of information about new hardware despite expectations of such, and a lack of updates from friedcat. Remember, until fairly recently friedcat was providing weekly updates every thursday like clockwork, and that has stopped without explanation.
The fact that news about new ASICMINER hardware is imminent, competition is unlikely to seriously compete any time soon, and that friedcat is working just as hard as every in spite of the lack of official updates leads me to believe that it is in fact an fantastic time to purcahse ASICMINER shares.
I agree with you.
August 08, 2013, 03:19:20 AM
Did i miss a reason why AM-Shares are priced so low at the moment? The divs are high as always so i dont see why...
I think the primary reason people have been discussing, that investors are cashing out of ASICMINER to invest in new startups (unwisely IMHO), is likely one of the primary causes of the low share price. Others likely include the lower dividends recently, the lack of information about new hardware despite expectations of such, and a lack of updates from friedcat. Remember, until fairly recently friedcat was providing weekly updates every thursday like clockwork, and that has stopped without explanation.
The fact that news about new ASICMINER hardware is imminent, competition is unlikely to seriously compete any time soon, and that friedcat is working just as hard as every in spite of the lack of official updates leads me to believe that it is in fact an fantastic time to purcahse ASICMINER shares.
I must agree watching it at 3.6 even I think that's a steal
People have to be crazy to sell at those prices...
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