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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 899. (Read 3917531 times)

full member
Activity: 224
Merit: 100
You can't kill math.
lol, you need to see a net profit in one week? Gimme a break nobody expects that, when it comes to stable dividends they understand if the average yearly earning is 25% on their purchase price, then they can see the stock price drop 24% and still make a 1% profit.

I don't need to see anything. I'm not personally concerned about the price of shares at all. The rubes buying in at BTC4.5, however...

Yawn. Not if it stays at 4.5 or goes to 5 or 10 or even 4 BTC is still a profit in less than a year.
hero member
Activity: 574
Merit: 500
sr. member
Activity: 378
Merit: 250
So a little bit of digging....

I believe Jutarul will not do this much more.  He currently owns 7,500 shares... unless he has his shares under multiple addresses.  After this sale, 6,500.  I doubt he will bring himself below the 5,000 level of a board member... why would you give up a board seat?  So assuming all his shares are in one address he will only have 1,500 shares to sell after this sell off.

Looking at https://docs.google.com/spreadsheet/ccc?key=0AtqphFCP56ordGVCakJxSU90MlB4MlBkZENya25pS2c&lsrp=1#gid=4  I wonder who 1BnkEt2ceoVhnQVrqeAzigcroQ6MVyxFey and 12m9dz42JrwCwLhxuzVMzNs9BXvwxTp3B1 are...  Do we know the holding address of... coinlenders?  some of the big funds? We should work on identifying who the big shareholders are.

I am 1SGvKZibKZyJGzpxwyUo5hR9PSmPyRxKS (swore I was way higher on the list... oh well my ego).  Yeay Transparency!

I think this address is belong to AM itself...    because 94415+94415+47208=24K shares which they same as they stated that they will hold 24K shares ..
I just guessing , could be wrong ...
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
Over a third of the shares sold in less than 30 minutes. You call that a wall?

Well, I hoped it was... just sold off a good portion of my shares under the assumption the wall would hold for a min of 2 weeks.  Goes to show... never count on AM going down or failing, or apparently slowing down.
legendary
Activity: 1554
Merit: 1009
lol, you need to see a net profit in one week? Gimme a break nobody expects that, when it comes to stable dividends they understand if the average yearly earning is 25% on their purchase price, then they can see the stock price drop 24% and still make a 1% profit.

I don't need to see anything. I'm not personally concerned about the price of shares at all. The rubes buying in at BTC4.5, however...
hero member
Activity: 504
Merit: 502
Over a third of the shares sold in less than 30 minutes. You call that a wall?
hero member
Activity: 784
Merit: 501
"However, many are less optimistic about the future of the currency, questioning its stainability and constant fluctuations."

That's always bugged me: bitcoins are great, but how can I stain them please?

You can taint them but I never heard of anyone staining them. Cheesy
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
So a little bit of digging....

I believe Jutarul will not do this much more.  He currently owns 7,500 shares... unless he has his shares under multiple addresses.  After this sale, 6,500.  I doubt he will bring himself below the 5,000 level of a board member... why would you give up a board seat?  So assuming all his shares are in one address he will only have 1,500 shares to sell after this sell off.

Looking at https://docs.google.com/spreadsheet/ccc?key=0AtqphFCP56ordGVCakJxSU90MlB4MlBkZENya25pS2c&lsrp=1#gid=4  I wonder who 1BnkEt2ceoVhnQVrqeAzigcroQ6MVyxFey and 12m9dz42JrwCwLhxuzVMzNs9BXvwxTp3B1 are...  Do we know the holding address of... coinlenders?  some of the big funds? We should work on identifying who the big shareholders are.

I am 1SGvKZibKZyJGzpxwyUo5hR9PSmPyRxKS (swore I was way higher on the list... oh well my ego).  Yeay Transparency!
sr. member
Activity: 378
Merit: 250
When stories spread about people paying off their college loans or tripling their Bitcoins just from buying shares they'll get in.

I've tripled my investment in under 2 months.

For the record, I think anybody who buys shares at current prices (~4.5) is making a bad decision.

Why would you consider it a bad decisions with the ridiculous dividends coming in the future?

Because daily fluctuations in share prices are already orders of magnitude larger than any dividend payment to date. A BTC0.04 dividend equals a net loss if the shares you bought at BTC4.5 are now selling for BTC4.45.


Be quiet...it better be a secret.....
full member
Activity: 224
Merit: 100
You can't kill math.
When stories spread about people paying off their college loans or tripling their Bitcoins just from buying shares they'll get in.

I've tripled my investment in under 2 months.

For the record, I think anybody who buys shares at current prices (~4.5) is making a bad decision.

Why would you consider it a bad decisions with the ridiculous dividends coming in the future?

Because daily fluctuations in share prices are already orders of magnitude larger than any dividend payment to date. A BTC0.04 dividend equals a net loss if the shares you bought at BTC4.5 are now selling for BTC4.45.


lol, you need to see a net profit in one week? Gimme a break nobody expects that, when it comes to stable dividends they understand if the average yearly earning is 25% on their purchase price, then they can see the stock price drop 24% and still make a 1% profit.
full member
Activity: 224
Merit: 100
You can't kill math.
Auction Alert

I have initiated a third offering for my holdings. I am offering at 4.5BTC/share for a maximum of 1000 shares:
https://bitcointalksearch.org/topic/asicminer-fixed-price-auction-45btcshare-1000-shares-247803

Oh crap...

It may seem that way...but I seriously believe this guy just did us a massive favour by stabilising the price

He should have made the minimum shares higher than 20 though >.<
full member
Activity: 224
Merit: 100
Auction Alert

I have initiated a third offering for my holdings. I am offering at 4.5BTC/share for a maximum of 1000 shares:
https://bitcointalksearch.org/topic/asicminer-fixed-price-auction-45btcshare-1000-shares-247803

Oh crap...

It may seem that way...but I seriously believe this guy just did us a massive favour by stabilising the price
He may also possibly contributing to another BTC/USD price droop in the future....


thats a good point. If he dumps 4500BTC right now the price goes just above 90. Might be just enough to trigger a panic selloff
legendary
Activity: 1554
Merit: 1009
When stories spread about people paying off their college loans or tripling their Bitcoins just from buying shares they'll get in.

I've tripled my investment in under 2 months.

For the record, I think anybody who buys shares at current prices (~4.5) is making a bad decision.

Why would you consider it a bad decisions with the ridiculous dividends coming in the future?

Because daily fluctuations in share prices are already orders of magnitude larger than any dividend payment to date. A BTC0.04 dividend equals a net loss if the shares you bought at BTC4.5 are now selling for BTC4.45.
sr. member
Activity: 378
Merit: 250
Auction Alert

I have initiated a third offering for my holdings. I am offering at 4.5BTC/share for a maximum of 1000 shares:
https://bitcointalksearch.org/topic/asicminer-fixed-price-auction-45btcshare-1000-shares-247803

Oh crap...

It may seem that way...but I seriously believe this guy just did us a massive favour by stabilising the price
He may also possibly contributing to another BTC/USD price droop in the future....
sr. member
Activity: 378
Merit: 250
When stories spread about people paying off their college loans or tripling their Bitcoins just from buying shares they'll get in.

I've tripled my investment in under 2 months.

For the record, I think anybody who buys shares at current prices (~4.5) is making a bad decision.

Why would you consider it a bad decisions with the ridiculous dividends coming in the future?

only if some one will buy over your AM shares at this price level in the future, otherwise anything less than 4.5(future selling price+received dividends)=loss

full member
Activity: 224
Merit: 100
Auction Alert

I have initiated a third offering for my holdings. I am offering at 4.5BTC/share for a maximum of 1000 shares:
https://bitcointalksearch.org/topic/asicminer-fixed-price-auction-45btcshare-1000-shares-247803

Oh crap...

It may seem that way...but I seriously believe this guy just did us a massive favour by stabilising the price
full member
Activity: 224
Merit: 100
You can't kill math.
When stories spread about people paying off their college loans or tripling their Bitcoins just from buying shares they'll get in.

I've tripled my investment in under 2 months.

For the record, I think anybody who buys shares at current prices (~4.5) is making a bad decision.

Yah don't give a reason, facts or logic or anything.
hero member
Activity: 714
Merit: 510
When stories spread about people paying off their college loans or tripling their Bitcoins just from buying shares they'll get in.

I've tripled my investment in under 2 months.

For the record, I think anybody who buys shares at current prices (~4.5) is making a bad decision.

Why would you consider it a bad decisions with the ridiculous dividends coming in the future?
legendary
Activity: 1554
Merit: 1009
When stories spread about people paying off their college loans or tripling their Bitcoins just from buying shares they'll get in.

I've tripled my investment in under 2 months.

For the record, I think anybody who buys shares at current prices (~4.5) is making a bad decision.
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
I expect to see a HUGE price spike the next time friedcat posts... I actually have btc sitting and waiting to buy in the second he posts, and then I will sell on the spike!
Why even sell on the spike? It's not trollboxland where every pump is followed by a dump. This is Friedcatland, all spikes so far have just stabilized out until the next spike!

Because I want to pay off my student loans, and if I don't sell 2 hours after... Ill keep holding forever and never sell, when it would be nice to pay off the loans to improve my USD cashflow Tongue

To increase popularity of Bitcoin and Asicminer, you should speak to the media. Would you be willing to bring exposure to Asicminer by detailing in an interview how you paid for your student loans with this fantastic Bitcoin exclusive investment opportunity?

If you don't want to do an interview at least consider writing a book and selling it. It will increase your cashflow and benefit your share value. You're like the Warren Buffet of Virtual Stocks.

Uhhh, I would and I wouldn't.  I haven't paid off my student loans yet, I'm trying to not pull out TOO much to avoid going up several tax brackets (I plan to may my taxes on this income).

Last time there was a wall, it lasted for... how long?

I figure now is a good time to cash out some.  That mid sized wall on TAT is me at 4.5.  (unless it already got eaten).
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