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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 903. (Read 3917531 times)

legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
yeah, could be, but I think there are a few other investment for around 25% that are probably less risk.

which are?  Wink
coinlenders comes to mind

Just dice if someone really sucks at gambling  Cheesy
Got to wait for a whale
sr. member
Activity: 476
Merit: 250
yeah, could be, but I think there are a few other investment for around 25% that are probably less risk.

which are?  Wink
coinlenders comes to mind
hero member
Activity: 518
Merit: 500
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.

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

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

which are?  Wink
hero member
Activity: 518
Merit: 500
I think his posts are hilarious

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

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.
sr. member
Activity: 476
Merit: 250
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.

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

yeah, could be, but I think there are a few other investment for around 25% that are probably less risk.
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
Ok Edited to when a giant wall feels like appearing  Wink
Or BitFountain feels like it

Wonder when Friedcat response is due

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

True enough I don't mind waiting  Cheesy
hero member
Activity: 560
Merit: 500
Ok Edited to when a giant wall feels like appearing  Wink
Or BitFountain feels like it

Wonder when Friedcat response is due

Since it's Friedcat, whenever he damn feels like it. He has that liberty, he's earned it.
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
When Juratul puts a wall up thats where we will stay  Grin

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...

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

Wonder when Friedcat response is due

PRELIMINARY UPDATE

I have submitted the top questions from our poll to Friedcat.

I decided to make the #1 question a request for him to confirm the recent news from rockxie's presentation, and to summarize the plans for the mining farm and ne "Mini Blade".

The other two questions were asking when the first financial report will be, and whether Bitfountain can provide an official hashrate meter for the farm, or official updates about how many hashes they have online.

~TAT
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
When Juratul puts a wall up thats where we will stay  Grin

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...
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
When Juratul puts a wall up thats where we will stay  Grin
legendary
Activity: 994
Merit: 1000
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.

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
sr. member
Activity: 476
Merit: 250
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.
member
Activity: 92
Merit: 10
the yield on ASICMiner is still **very very very** high compared to other classes of assets one could hold. It is very likely that the share price keep increasing until the yield is 1% or 2% a year, more in line with other kinds of assets.

There are no ex-dividend days on the exchanges, and similarly one could leverage up and get 4, 8 or 16% yields no matter how low the yield went.

I think expecting the share price to go up till we are at a 1% APR is delusional.  I am a bull on AM and in Bitcoin in general... but if I go below what I can get from traditional investments, I think I may cash out some holdings.  The reason APR is so high is that AM could disappear with little recourse for many investors.  I do not believe this will happen, i think friedcat managing a successful business in this space that is highly trusted will be more profitable long term for him then theft, which is why I accept the risk.

If we get down to <10% apr, you will see people exiting.

Now if you are saying us getting to that kind of yield after bitcoin is in mass adoption and the risk associated with holding bitcoin is mostly gone... well that is a different story.

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
legendary
Activity: 1442
Merit: 1001
the yield on ASICMiner is still **very very very** high compared to other classes of assets one could hold. It is very likely that the share price keep increasing until the yield is 1% or 2% a year, more in line with other kinds of assets.

There are no ex-dividend days on the exchanges, and similarly one could leverage up and get 4, 8 or 16% yields no matter how low the yield went.

I think expecting the share price to go up till we are at a 1% APR is delusional.  I am a bull on AM and in Bitcoin in general... but if I go below what I can get from traditional investments, I think I may cash out some holdings.  The reason APR is so high is that AM could disappear with little recourse for many investors.  I do not believe this will happen, i think friedcat managing a successful business in this space that is highly trusted will be more profitable long term for him then theft, which is why I accept the risk.

If we get down to <10% apr, you will see people exiting.

Now if you are saying us getting to that kind of yield after bitcoin is in mass adoption and the risk associated with holding bitcoin is mostly gone... well that is a different story.

+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.
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
the yield on ASICMiner is still **very very very** high compared to other classes of assets one could hold. It is very likely that the share price keep increasing until the yield is 1% or 2% a year, more in line with other kinds of assets.

There are no ex-dividend days on the exchanges, and similarly one could leverage up and get 4, 8 or 16% yields no matter how low the yield went.

I think expecting the share price to go up till we are at a 1% APR is delusional.  I am a bull on AM and in Bitcoin in general... but if I go below what I can get from traditional investments, I think I may cash out some holdings.  The reason APR is so high is that AM could disappear with little recourse for many investors.  I do not believe this will happen, i think friedcat managing a successful business in this space that is highly trusted will be more profitable long term for him then theft, which is why I accept the risk.

If we get down to <10% apr, you will see people exiting.

Now if you are saying us getting to that kind of yield after bitcoin is in mass adoption and the risk associated with holding bitcoin is mostly gone... well that is a different story.
hero member
Activity: 546
Merit: 500
Since I sold my shares around 3.24, I never get it back ....but ,I hold large quantity of DMC.......So I also be part benefit out by this increase...

I am holding couple hundreds BTC in hand and still put my buy orders at 3.25 which seems hopeless right now....

I feel regret now,how could I sold my shares at 3.24........I am really mad at that time.....

sorry, man, I feel for you.  

Pff I sold my shares at 1.7  or 1.6, somewhere around there   8_[

Re-bought in, sold at 2.9 I think it was.  

Re-bought in again, sold at 3.4    (this time I was like NO WAY it's going to go much higher...but of course...lol...)

Re-bought (less shares) now at 4.2  and going to hold on for a while.

Everytime I doubt ASICMiner I get proven wrong.


the yield on ASICMiner is still **very very very** high compared to other classes of assets one could hold. It is very likely that the share price keep increasing until the yield is 1% or 2% a year, more in line with other kinds of assets.

There are no ex-dividend days on the exchanges, and similarly one could leverage up and get 4, 8 or 16% yields no matter how low the yield went.
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
Since I sold my shares around 3.24, I never get it back ....but ,I hold large quantity of DMC.......So I also be part benefit out by this increase...

I am holding couple hundreds BTC in hand and still put my buy orders at 3.25 which seems hopeless right now....

I feel regret now,how could I sold my shares at 3.24........I am really mad at that time.....

sorry, man, I feel for you.  

Pff I sold my shares at 1.7  or 1.6, somewhere around there   8_[

Re-bought in, sold at 2.9 I think it was.  

Re-bought in again, sold at 3.4    (this time I was like NO WAY it's going to go much higher...but of course...lol...)

Re-bought (less shares) now at 4.2  and going to hold on for a while.

Everytime I doubt ASICMiner I get proven wrong.
sr. member
Activity: 302
Merit: 250
I think his posts are hilarious
sr. member
Activity: 476
Merit: 250
please refer to him as "the one that shall not be mentioned"
legendary
Activity: 1512
Merit: 1012
Still wild and free
Don't write his name, it seems to trigger a post.
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