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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 809. (Read 3917468 times)

sr. member
Activity: 322
Merit: 252
There is a strange lack of dividend estimation going on...

0.012 on mining & 0.011 on sales. Smiley
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
There is a strange lack of dividend estimation going on...
hero member
Activity: 490
Merit: 500
... it only gets better...
Buyer question:

Where do I buy - ASICMINER Block Erupter Blade  ?
I need it shipped to Poland, European Union Smiley

www.coingig.com/burnsd03/1576
full member
Activity: 294
Merit: 100
Please Read

It's that time again! Time for a new small shareholder poll:

https://docs.google.com/forms/d/15Ws1XzJeynK_vsKiQ9NaufQfLZOSKsRfsSgqMLTdIRs

As with the previous polls, we will leave the poll open for about a week. Once people have had sufficient time to vote, we will compile the results and post them here.

ThickAsThieves will then submit the top three questions to Friedcat with the hopes that he will answer them.

If you have any questions regarding this poll, please contact ThickAsThieves or myself. If you have a question that you would like included in future polls, please let us know that as well.

Thanks!
legendary
Activity: 1029
Merit: 1000
Tutaj oficjalny topic:
https://bitcointalk.org/index.php?topic=204030.400

Ale zdaje sie ze ostatnio jest "out of stock". Sprobuj w sekcji Auctions. Moze ktos sprzedaje swoje.
full member
Activity: 254
Merit: 100
Buyer question:

Where do I buy - ASICMINER Block Erupter Blade  ?
I need it shipped to Poland, European Union Smiley
legendary
Activity: 1008
Merit: 1000
I'm trying to find where friedcat talks about the generation 2 ASIC plans. Does anyone have a handy link to the details (if there are any)?
legendary
Activity: 3122
Merit: 2178
Playgram - The Telegram Casino
I thought just-dice has been underwater?

They have been, but they're back up again. Talk about high variance.
hero member
Activity: 756
Merit: 500
No one offers better than 30% APR and certainly not with that consistency.
However at 10-20% there are bonds and many mining operations that are relatively safe. So I agree on the part that it would not go below 20% APR.

What are those bonds in the 10-20% range?
Conlenders has 26.05 APR IIRC, for instance.
just-dice has a very high yield too, but with quite a high variance though.

Obviously 30% APR can be considered low only in bitcoin land, but... we are in bitcoin land.
And yes, "low" in this context obviously means that it is a risky asset, as kjj pointed out. I meant the same thing, but apparently people didn't understand me. Happens.

I thought just-dice has been underwater?
hero member
Activity: 630
Merit: 500
Bitgoblin
No one offers better than 30% APR and certainly not with that consistency.
However at 10-20% there are bonds and many mining operations that are relatively safe. So I agree on the part that it would not go below 20% APR.

What are those bonds in the 10-20% range?
Conlenders has 26.05 APR IIRC, for instance.
just-dice has a very high yield too, but with quite a high variance though.

Obviously 30% APR can be considered low only in bitcoin land, but... we are in bitcoin land.
And yes, "low" in this context obviously means that it is a risky asset, as kjj pointed out. I meant the same thing, but apparently people didn't understand me. Happens.
kjj
legendary
Activity: 1302
Merit: 1026
Only in bitcoin land would a 30% yield be considered low.

At a flat 30% yield, not compounded, it will take 172 weeks to break even.

How confident are you that they will be around in 3+ years?  How confident are you that they can maintain that yield?

You have to factor in the purchase AND sale price.

Only if you aren't the one holding it when it all goes to shit.  Bitcoin securities are always a game of hot potato.  None of them have a 3 year track record yet.
hero member
Activity: 817
Merit: 1000
Truth is a consensus among neurons www.synereo.com
No one offers better than 30% APR and certainly not with that consistency.
However at 10-20% there are bonds and many mining operations that are relatively safe. So I agree on the part that it would not go below 20% APR.

What are those bonds in the 10-20% range?
full member
Activity: 172
Merit: 100
You have to factor in the purchase AND sale price.

It seems like every page of this topic has someone forgetting this
hero member
Activity: 644
Merit: 500
Only in bitcoin land would a 30% yield be considered low.

At a flat 30% yield, not compounded, it will take 172 weeks to break even.

How confident are you that they will be around in 3+ years?  How confident are you that they can maintain that yield?

That's a good question.

I think their next gen chips will give us the answer we're looking for. If they're able to keep up with what's coming online (BFL, Avalon and those that are deploying based on their chips) as well as the dark horses in the running (KNCMiner), so then they'll remain a going concern. If they can't, either their chips aren't efficient enough or the others just dump so much power on the network that they can't regain their position, then obviously, that's a problem. Which makes the current price level seem accurate. They can't be priced as if they're out of the running because they're not. And they can't be priced as if they've pinned down their future, because they haven't.
hero member
Activity: 784
Merit: 501
Only in bitcoin land would a 30% yield be considered low.

At a flat 30% yield, not compounded, it will take 172 weeks to break even.

How confident are you that they will be around in 3+ years?  How confident are you that they can maintain that yield?

If you bought at the current price. My shares were bought at around BTC2.5. Some payed even less for them (and likely already made good on their original investment).
hero member
Activity: 518
Merit: 500
Only in bitcoin land would a 30% yield be considered low.

At a flat 30% yield, not compounded, it will take 172 weeks to break even.

How confident are you that they will be around in 3+ years?  How confident are you that they can maintain that yield?


You have to factor in the purchase AND sale price.
kjj
legendary
Activity: 1302
Merit: 1026
Only in bitcoin land would a 30% yield be considered low.

At a flat 30% yield, not compounded, it will take 172 weeks to break even.

How confident are you that they will be around in 3+ years?  How confident are you that they can maintain that yield?
newbie
Activity: 57
Merit: 0
The price of the Asicminer shares will go to 10 in one year  Smiley
Why should it?
An APR of 30% is already low, would you accept 12%?


Only in bitcoin land would a 30% yield be considered low. And sure, for a miner you need to make your money back rapidly before more miners appear, but AM has shown themselves to be a fairly reliable company so far, with a longer term perspective. In the ordinary investment world 30% is unheard of. Literally, unheard of. That that sort of payout is available from AM shows the amount of risk that is still present in the Bitcoin world, and more importantly, shows how thinly traded it even its most heavily traded issue actually is.

Due to the finite nature of bitcoin rewards (lets not mention transaction fees), there is certainly a cap on AM's value, but I think it could justifiably be a bit higher than 4 BTC /sh if they're able to regain their previous posture with the rollout of their 2nd gen chips.

This... LOL @ people thinking 30% APR is "low" Try taking look at the highest yielding dividend stocks and maybe you'll see the value proposition currently offered by holding ASICMINER shares.
hero member
Activity: 644
Merit: 500
The price of the Asicminer shares will go to 10 in one year  Smiley
Why should it?
An APR of 30% is already low, would you accept 12%?


Only in bitcoin land would a 30% yield be considered low. And sure, for a miner you need to make your money back rapidly before more miners appear, but AM has shown themselves to be a fairly reliable company so far, with a longer term perspective. In the ordinary investment world 30% is unheard of. Literally, unheard of. That that sort of payout is available from AM shows the amount of risk that is still present in the Bitcoin world, and more importantly, shows how thinly traded it even its most heavily traded issue actually is.

Due to the finite nature of bitcoin rewards (lets not mention transaction fees), there is certainly a cap on AM's value, but I think it could justifiably be a bit higher than 4 BTC /sh if they're able to regain their previous posture with the rollout of their 2nd gen chips.
donator
Activity: 994
Merit: 1000
whats up with the lack of updates lately from friedcat directly?
im abit uncomfortable with getting news through middlemen like TAT/chinese  forums etc, especially with the amounts of insider trading that opens the door to.
A reduction of direct communication from the founder is usually part of the natural growth of a company, since the CEO surrounds himself with people who take charge of responsibilities. It looks like TAT volunteered to do take care of PR to a degree and shareholder communication. To my knowledge this happened in a rather unofficial manner, so maybe that should be clarified.

I am also not surprised to hear that some of the information hits the chinese forums first, before it gets translated and transmitted to other places - after all, it's a chinese venture. You have to learn mandarin I am afraid if you want a shortcut and to be on top of things.
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