ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 904.

aahzmundus

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Invest & Earn: https://cloudthink.io

Quote from: stslimited on June 30, 2013, 07:30:49 PM

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.

stslimited

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Activity: 546

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Quote from: glendall on June 30, 2013, 07:24:49 PM

Quote from: velacreations on June 30, 2013, 05:34:02 PM

Quote from: SOSLOVE868 on June 30, 2013, 05:22:35 PM

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.

glendall

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Activity: 2156

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Buzz App - Spin wheel, farm rewards

Quote from: velacreations on June 30, 2013, 05:34:02 PM

Quote from: SOSLOVE868 on June 30, 2013, 05:22:35 PM

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.

neilol

sr. member

Activity: 302

Merit: 250

I think his posts are hilarious

velacreations

sr. member

Activity: 476

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please refer to him as "the one that shall not be mentioned"

binaryFate

legendary

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Still wild and free

Don't write his name, it seems to trigger a post.

hammurabi

full member

Activity: 223

Merit: 100

Quote from: ?? on ??

you wrote:

"...i would be willing to help organize a sell off to drop price..."

====>

this sounds like classic price manipulation how and why would you do this to current shareholders..thanks

Thank You Techicenine. I can see you are trying to improve on writing posts.
To further improve their quality try to read them before you post them.
I think most of dislikes comes from too hasty posting.

You used lot of unnecessary characters before, yet you forget to use the really important ones like question marks(?), periods (.) or commas(,).

Also he already said why he would organize the sell off so no real reason to raise that particular question.

Keep up the good work!

velacreations

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Quote from: tkone on June 30, 2013, 05:36:30 PM

i told everyone only reason to sell is if you want to attract bigger holders to sell aswell so you can buy back in at a cheaper price,
its the dividends we are after,
mining bitcoin is a lucrative venture, investing in a mining company/ that also sells the mining equipment is a win/win situation.

if i had the possibility/ space/ time/ and low electricity ect.
i would definetly have my own operation and possibly try to invest in more and more.

with am shares i get my dividends, and my hardware doesnt become obsolete because they add more improving new hardware as time comes,

i would be willing to help organize a sell off to drop price, but we need to make sure we can buy back more at lower to atleast not make a loss,

I don't support market manipulation like that. Everyone that is investing right now wants a return on value, just like you have. Why would you want to intentionally make them lose value?

I advise people to hold, don't fall for crap like this. He's waiting to buy your shares back before you can.

canth

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Activity: 1442

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Quote from: tkone on June 30, 2013, 05:36:30 PM

i told everyone only reason to sell is if you want to attract bigger holders to sell aswell so you can buy back in at a cheaper price,
its the dividends we are after,
mining bitcoin is a lucrative venture, investing in a mining company/ that also sells the mining equipment is a win/win situation.

if i had the possibility/ space/ time/ and low electricity ect.
i would definetly have my own operation and possibly try to invest in more and more.

with am shares i get my dividends, and my hardware doesnt become obsolete because they add more improving new hardware as time comes,

i would be willing to help organize a sell off to drop price, but we need to make sure we can buy back more at lower to atleast not make a loss,

Selling isn't going to attract bigger holders to sell. Share price rising to 9-10BTC (or even 5BTC) on the other hand definitely will get larger shareholders to sell at least part of their holdings.

I'm as content to own AM shares as anyone, but there's a limit to what the company is worth, given inherent risks. A very fast rise to 5+ will just attract the speculators...I for one don't need that.

SOSLOVE868

sr. member

Activity: 378

Merit: 250

Quote from: tkone on June 30, 2013, 05:36:30 PM

i told everyone only reason to sell is if you want to attract bigger holders to sell aswell so you can buy back in at a cheaper price,
its the dividends we are after,
mining bitcoin is a lucrative venture, investing in a mining company/ that also sells the mining equipment is a win/win situation.

if i had the possibility/ space/ time/ and low electricity ect.
i would definetly have my own operation and possibly try to invest in more and more.

with am shares i get my dividends, and my hardware doesnt become obsolete because they add more improving new hardware as time comes,

i would be willing to help organize a sell off to drop price, but we need to make sure we can buy back more at lower to atleast not make a loss,

I feel unhappy , I sold 64 shares at 3.24 which happened week before ,if I hold it util today , I get another 74.24 .... Cry

tkone

full member

Activity: 168

Merit: 100

i told everyone only reason to sell is if you want to attract bigger holders to sell aswell so you can buy back in at a cheaper price,
its the dividends we are after,
mining bitcoin is a lucrative venture, investing in a mining company/ that also sells the mining equipment is a win/win situation.

if i had the possibility/ space/ time/ and low electricity ect.
i would definetly have my own operation and possibly try to invest in more and more.

with am shares i get my dividends, and my hardware doesnt become obsolete because they add more improving new hardware as time comes,

i would be willing to help organize a sell off to drop price, but we need to make sure we can buy back more at lower to atleast not make a loss,

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: tinus42 on June 30, 2013, 05:32:48 PM

Quote from: velacreations on June 30, 2013, 03:01:55 PM

Quote from: ThatDGuy on June 30, 2013, 02:24:11 PM

Holy Share Prices! Go away for two days and this happens. Wow! Cheers, fellow investors!

go away for a week, and let's get it to 10 btc.

Don't get ahead of yourself. Keep a cool heading!

ok, ok, 9 btc

velacreations

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Activity: 476

Merit: 250

Quote from: SOSLOVE868 on June 30, 2013, 05:22:35 PM

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.

tinus42

hero member

Activity: 784

Merit: 501

Quote from: velacreations on June 30, 2013, 03:01:55 PM

Quote from: ThatDGuy on June 30, 2013, 02:24:11 PM

Holy Share Prices! Go away for two days and this happens. Wow! Cheers, fellow investors!

go away for a week, and let's get it to 10 btc.

Don't get ahead of yourself. Keep a cool heading!

SOSLOVE868

sr. member

Activity: 378

Merit: 250

Quote from: velacreations on June 30, 2013, 05:06:13 PM

Quote from: SOSLOVE868 on June 30, 2013, 04:57:13 PM

We are in the moon......we need a celebration for our capital cat....

did you get back in?

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.....

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: SOSLOVE868 on June 30, 2013, 04:57:13 PM

We are in the moon......we need a celebration for our capital cat....

did you get back in?

freedomno1

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Activity: 1806

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Learning the troll avoidance button :)

Quote from: bitfair on June 30, 2013, 04:56:26 PM

Quote from: freedomno1 on June 30, 2013, 04:48:20 PM

Quote from: velacreations on June 30, 2013, 04:36:20 PM

if BFL was traded on an exchange, their share price would be crashing right now:

http://www.cryptocoinsnews.com/2013/06/30/butterfly-labs-crumbles-getting-mass-refund-requests-units-catching-fire-and-fans-failing/

Right that reminds me of an old shareholder question
How are the safety ratings on our ASIC's

For sure better than BFL Wink

AM ASICs are certainly well-tested. That's one of the advantages of AM running their own mining operation alongside the hardware sales - it's an excellent way to ensure that you're putting out quality products.

Eating your own dogf... err.. catfood, as it were! (http://en.wikipedia.org/wiki/Eating_your_own_dog_food)

That would be a strange IAMs commercial.
I get your point before they ship they use their own gear and are able to calculate average failure rates and safety.
I was thinking more along IEC lines should they get stickers on them to say their safe (Without Super Overclocking XD)
Perhaps a IEC certified friedcat on the moon sticker Grin

or a stamp if their allowed to customize.

SOSLOVE868

sr. member

Activity: 378

Merit: 250

We are in the moon......we need a celebration for our capital cat....

bitfair

sr. member

Activity: 362

Merit: 250

Quote from: freedomno1 on June 30, 2013, 04:48:20 PM

Quote from: velacreations on June 30, 2013, 04:36:20 PM

if BFL was traded on an exchange, their share price would be crashing right now:

http://www.cryptocoinsnews.com/2013/06/30/butterfly-labs-crumbles-getting-mass-refund-requests-units-catching-fire-and-fans-failing/

Right that reminds me of an old shareholder question
How are the safety ratings on our ASIC's

For sure better than BFL Wink

AM ASICs are certainly well-tested. That's one of the advantages of AM running their own mining operation alongside the hardware sales - it's an excellent way to ensure that you're putting out quality products.

Eating your own dogf... err.. catfood, as it were! (http://en.wikipedia.org/wiki/Eating_your_own_dog_food)

freedomno1

legendary

Activity: 1806

Merit: 1090

Learning the troll avoidance button :)

Quote from: velacreations on June 30, 2013, 04:36:20 PM

if BFL was traded on an exchange, their share price would be crashing right now:

http://www.cryptocoinsnews.com/2013/06/30/butterfly-labs-crumbles-getting-mass-refund-requests-units-catching-fire-and-fans-failing/

Right that reminds me of an old shareholder question
How are the safety ratings on our ASIC's

For sure better than BFL Wink

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 904. (Read 3917058 times)