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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 905. (Read 3917531 times)

full member
Activity: 223
Merit: 100
Question time:

Why do you keep doing this: \/ and this /\?
Question time:

Why do you keep resisting that bright "Ignore" under his username? Smiley

His avatar speaks for himself Smiley
full member
Activity: 140
Merit: 100
Question time:

Why do you keep doing this: \/ and this /\?
Question time:

Why do you keep resisting that bright "Ignore" under his username? Smiley
legendary
Activity: 1442
Merit: 1001
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.
<3 puffery posts


====>


AM/\(radio)to 10+ BTC =nobrainer imho manipulated share price will\/soar then reboot..thanks


Question time:

Why do you keep doing this: \/ and this /\?

Do yourself a favor and put him on ignore - most of us already have. He doesn't add any value to the conversation, even when he does make sense.
sr. member
Activity: 246
Merit: 250
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.
<3 puffery posts


====>


AM/\(radio)to 10+ BTC =nobrainer imho manipulated share price will\/soar then reboot..thanks


Question time:

Why do you keep doing this: \/ and this /\?
hero member
Activity: 728
Merit: 500
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.

Good call, see you all in 7 days!  Cool
sr. member
Activity: 246
Merit: 250
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.

I am in fact willing to do the needful and leave for one week and sell at 10 btc. Wink
sr. member
Activity: 476
Merit: 250
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.
hero member
Activity: 728
Merit: 500
Holy Share Prices! Go away for two days and this happens.  Wow! Cheers, fellow investors!
newbie
Activity: 28
Merit: 0
I get a feeling that any people in the financial industry would laugh their ass off if they read this thread, saying that less than a 25% p.a. return on ones investment is unacceptable. I mean, the Bitcoin mining industry is risky, but is it that risky?

Conclusion of this view would be, that the shareprice has to be valued much higher. If a 15% p.a. return would be suggested fair, shareprice has to be 10 btc!

When I first saw AM, it was about 1.3btc. Without much research (well, without any really  Cheesy )  I thought that looks too good to be true, and I bought some partial shares. It was rising fast, and I started reading up on it, and my first rough calc I decided potential was close to 10btc so I figured buy all I can before it gets too high. When it stalled around 2.5 I was stumped, but kept buying as funds permitted.  I think we've reached the point where my dividends will go back to hoarding and buying silver now though. when the dividends drop back to a more sustainable level I hope some more speculators will drop out, bringing it back to an affordable level. If dividends remain high... well, I can't really complain, can I?  
    What I am curious about is the relation to the btc:$ variable. If bitcoin is $1000, does that make AM market cap ridiculous, driving the price down? or does the dividend potential support a share price in the $4000-$10000 range? All very exciting to be a part of, no matter how it plays out!

AM is Bitcoin business, the rate between BTC/USD doesnt really affect price of share

imo ASICMINER/\is not a business it's a "virtual security" per btct.co read and re-read\/FAQ...thanks
hero member
Activity: 728
Merit: 500
I get a feeling that any people in the financial industry would laugh their ass off if they read this thread, saying that less than a 25% p.a. return on ones investment is unacceptable. I mean, the Bitcoin mining industry is risky, but is it that risky?

Conclusion of this view would be, that the shareprice has to be valued much higher. If a 15% p.a. return would be suggested fair, shareprice has to be 10 btc!

When I first saw AM, it was about 1.3btc. Without much research (well, without any really  Cheesy )  I thought that looks too good to be true, and I bought some partial shares. It was rising fast, and I started reading up on it, and my first rough calc I decided potential was close to 10btc so I figured buy all I can before it gets too high. When it stalled around 2.5 I was stumped, but kept buying as funds permitted.  I think we've reached the point where my dividends will go back to hoarding and buying silver now though. when the dividends drop back to a more sustainable level I hope some more speculators will drop out, bringing it back to an affordable level. If dividends remain high... well, I can't really complain, can I?  
    What I am curious about is the relation to the btc:$ variable. If bitcoin is $1000, does that make AM market cap ridiculous, driving the price down? or does the dividend potential support a share price in the $4000-$10000 range? All very exciting to be a part of, no matter how it plays out!

AM is Bitcoin business, the rate between BTC/USD doesnt really affect price of share

While AM sells its goods in BTC and mines BTC, it stands to reason that the majority of their costs are measured in fiat currency (USD or CNY). Therefore there is sensitivity to the BTC/fiat exchange rate.
hero member
Activity: 656
Merit: 500
I get a feeling that any people in the financial industry would laugh their ass off if they read this thread, saying that less than a 25% p.a. return on ones investment is unacceptable. I mean, the Bitcoin mining industry is risky, but is it that risky?

Conclusion of this view would be, that the shareprice has to be valued much higher. If a 15% p.a. return would be suggested fair, shareprice has to be 10 btc!

When I first saw AM, it was about 1.3btc. Without much research (well, without any really  Cheesy )  I thought that looks too good to be true, and I bought some partial shares. It was rising fast, and I started reading up on it, and my first rough calc I decided potential was close to 10btc so I figured buy all I can before it gets too high. When it stalled around 2.5 I was stumped, but kept buying as funds permitted.  I think we've reached the point where my dividends will go back to hoarding and buying silver now though. when the dividends drop back to a more sustainable level I hope some more speculators will drop out, bringing it back to an affordable level. If dividends remain high... well, I can't really complain, can I?  
    What I am curious about is the relation to the btc:$ variable. If bitcoin is $1000, does that make AM market cap ridiculous, driving the price down? or does the dividend potential support a share price in the $4000-$10000 range? All very exciting to be a part of, no matter how it plays out!

AM is Bitcoin business, the rate between BTC/USD doesnt really affect price of share
full member
Activity: 178
Merit: 100
I put this together to encourage more bitcoin mining (and AM purchasing Cheesy) - http://www.youtube.com/watch?v=AnRDR8jEics&feature=youtu.be
newbie
Activity: 28
Merit: 0
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

Confirmation is imperative Smiley
Thanks

Confirmation of what..thanks
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
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

Confirmation is imperative Smiley
Thanks
newbie
Activity: 28
Merit: 0
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


what are you asking me..thanks
newbie
Activity: 28
Merit: 0
Damn it, I wish ASICMiner would stabilize for a few days so I didn't have to keep updating my offer to buy puts  Angry

OK, I'm currently offering to buy either of the following two options:

(I am BUYING put options: you write them!)

Strike: 2.7 BTC
Expiration: 90 days
Premium: 0.2 BTC

OR

Strike: 3.0 BTC
Expiration: 90 days
Premium: 0.25 BTC

Cheers,

Vycid

(BTCT only!)

PM me your offer I got the link-"virtual options"-=PUTS look good buy if>weekend@$BTCurnies' ..thanks
sr. member
Activity: 305
Merit: 250
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

Awesome!
full member
Activity: 140
Merit: 100
I just did some statistics on the number of transactions included in ASICMiner blocks, compared to other miners' blocks:

Code:
ASICMiner stats:
Average transaction count per block: 198.0
Median transaction count: 132
Maximum number of transactions in a block: 1323
Other blocks stats:
Average transaction count per block: 302.3
Median transaction count: 262
Maximum number of transactions in a block: 1333

Can anyone explain this? It seems ASICMiner blocks, on average, only contain 65% of the number of transactions that other blocks contain.

Has ASICMiner commented on this?

Given the talk a few weeks ago about transactions becoming more important as time goes on, I'm curious about this as well.

What time period do these stats cover?
They cover from the beginning ASICMiner started solo mining, which is from the following block and up to right now. https://blockchain.info/block-index/383941/000000000000010c9335c90f6e1f2d2a9af73ca078d660c98988234309b9dba3

So about the last six weeks.
Come to think of it, it could just bet that ASICMiner has chosen not to include transactions with a fee less than X, while other miners include low-fee transactions, and even no-fee transactions.

And that's right thing to do.  I hope other pools (and solominers, if any) will also adopt stricter fee policies soon, for the safety of the network.
sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
...

Strike: 3.3 BTC
Premium: 0.3 BTC
Exp: 90 days.
sr. member
Activity: 476
Merit: 250
that depends a lot on the dividends.  If they go back to the realm of .03-.04, the share price would go up considerably.  Personally, I think 30% is an appropriate rate for the amount of risk/etc, because there are other options for investing BTC below 30% that may be safer.

At a .02 btc dividend (1.04 /yr), and 30% APR, share price is 3.5 btc
At a .03 btc dividend (1.56 /yr), and 30% APR, share price is 5.2 btc
At a .04 btc dividend (2.08 /yr), and 30% APR, share price is 6.9 btc

I expect stabilization around 5 btc and .03 btc/week for the next few weeks.


You should consider cashing out a bit of your investment as you went full retard buying shares. Don't bet the farm on AM. Results from the past are no prediction for the future.


well, I am holding since .4

I still think my analysis is sound.  If AM can stay close to .03 btc/week for the next few weeks, we'll likely see share prices over 5.
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