Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 903. (Read 3917058 times)

By saying he is king, I just meant he will retain leadership and we can be confident in that as we see this unfold in the next ~6 months. Confident enough to value a share at 10+ BTC.

However, even if there is a monopoly (as in, AM is the miner at 50% network share and everyone else is an AM consumer), it won't stop the majority from riding that boat, heh.

About monopoly concerns at least they are right.
Many would feel uncomfortable with AM being "KING", just retaining leadership would be enough. Strong competition is necessary, so I hope competitors deliver mass-production of second-generation chips late this year (by second-generation I mean 65nm and less, excluding BFL).
I would even prefer AM losing leadership, over their total domination of Bitcoin ASIC market. Monopoly would make Bitcoin itself endangered.

Well you should see the AMC thread  
That's scary stuff there can we approve of the ability to make exclusive censorship on all bad things
Well this is what the poll says exactly but that's how I read it
Should I delete post that are not discussing the merits of AMC in The AMC Thread?

https://bitcointalk.org/index.php?topic=158806.2020;topicseen
That said chaos brings about opportunities or a bigger flameout

There's a couple of these threads going now here is one
https://bitcointalksearch.org/topic/m.2623500

Some topics seem like legitimate concerns some FUD to mess with the price
Others are rage at competitors for sucking and not delivering
Some others make the point that bitcoin should not have any one source of mining
Libertarian routes matter
And even more still that don't qualify as any of the above

It is interesting enough as long as their reasoning is sound
Statements like this is overpriced 4 BTC a share without reasoning is just our speculation thread  
https://bitcointalksearch.org/topic/asicminer-speculation-thread-235763 Up to 52 Pages Holding Strong
Once the trollbox is activated here we can all yell faster  
https://asicminer.info/

That said at least we allow discourse even if it seems illogical
Whether its based on things like Yield which is logical
Or if 4 BTC share is overpriced which has been pointed out at varying levels since 2.5 heck since 1 and likely even in the future if ASIC is at 10 btc a share 1 year from now and bitcoins total value becomes 10 billion from the one billion now
It will still be overpriced hehe ceteris paribus
For notation ASICminers value is about = to total bitcoin wealth last year without speculation whether that is concerning depends on how you think bitcoin will fare in 1 years time
http://blockchain.info/charts/market-cap
Edit looks like its at the lower range of the 180 day scale so not even that long one could argue that the price is proportional to the growth of bitcoin total value causing this huge appreciation or it's illogical

Point is make sure your arguments make sense

wow - there are some really vitriolic threads starting up against ASICMINER - the backlash has begun. I think it is part:

a) Jealousy - all those failed graphic-card based miners just don't like it, they have finally realised (6 months too late) graphic cards are worthless for mining now
b) Genuine but totally ill-thought-of fear of a 51% takeover
c) Good old fashioned Chinese-directed racism

One example:
https://t.co/gorhoGK1oG

Title is "Can we block mining from China" lol, or something like that ... read at your peril

We gotta wait until like November for people with hope in other ASICs to come to the sad realization (for them) that FRIEDCAT IS KING!

Then in January, it'll be to the moon (high teens).

Here is a helpful link https://bitcointalksearch.org/user/friedcat-49840
Show's the latest posts by friedcat

Just dice if someone really sucks at gambling  
Got to wait for a whale

coinlenders comes to mind

which are? 

They become funnier when you ignore him. Then you just get to see his "highlight posts" via other people quoting him 

Now this share is getting really hot you'll have loads of "bubble boys" in here talking equal nonsense, ignore them all and watch the share price keep rising.

yeah, could be, but I think there are a few other investment for around 25% that are probably less risk.

True enough I don't mind waiting 

Since it's Friedcat, whenever he damn feels like it. He has that liberty, he's earned it.

Edited to when a wall feels like appearing  
Or BitFountain feels like it

Wonder when Friedcat response is due

There is more then just Juratul... Ineedausername used to have a lot of shares, though he sold out in many waves of auctions.  I imagine he still has quite a few stocked up.  There are other large (over 1k) investors as well that I do not know the names of.  What I do know is that I myself am around ~50 on the list for most shares held...

When Juratul puts a wall up thats where we will stay  

I think the number of investors comfortable under 30% is higher than those willing to sell at 30%.  We'll see high teens before this stabilizes.

Just my 2c

I posted this already, but I think 30% is the point where things change for AM.  Above 30% APR, buy and hold.  Below 30%, look to sell.

My thoughts exactly.  1%?  If we are to consider that you are a rational investor who would like the least amount of risk with the highest return, you'd lean towards many other investments at that rate.  My personal tipping point would be roughly around 15%.  Not many standard investments can reach that rate of annual return

+1.  For 1% APR, you can have your money sitting in a bank with FDIC insurance. For an unregulated investment in "shares" in a company with < 1 year of profitability, people are going to expect a significantly better return. Anything less than 10-15% is going to clear out a lot of investors.