ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 919.

kokojie

legendary

Activity: 1806

Merit: 1003

Quote from: CoinHoarder on June 27, 2013, 09:59:23 AM

Quote from: kokojie on June 27, 2013, 09:43:40 AM

Quote from: bbxx on June 26, 2013, 12:01:09 PM

people are holding shares...
few weak hands will buy back soon.

I feel the price is overvalued right now. They will buy back at lower price probably, below BTC3

I sold majority of my holdings at BTC3.47 yesterday.

I disagree with this statement. Granted, in Bitcoin mining everyone is always looking for a month to 3 month ROI. However, I feel like with this security having so much future potential (mining hardware at cost + hardware sells + generation2 chips), ~30% APY is a completely reasonable price for one share.

Also, there is quite a bit of buy support above 3 BTC, with 192 bids above 3 BTC on Bitfunder (I don't visit the other exchanges so I'm not sure about elsewhere.)

You realize that several companies are coming out with 28nm hardware in 3 months or so, while AM is THINKING about developing 56nm hardware. Once the 28nm asic hardware hit, they will blow the 120nm current AM hardware right out of water (basically 10 times more power efficient than AM hardware while producing much less heat and occupy much less space).

3 month ROI sounds about right, I'm definitely not going to gamble on 3 year ROI, actually I think there's a 90% chance AM share will be worth below BTC1 in one year

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: hammurabi on June 27, 2013, 10:15:25 AM

Quote from: ShroomsKit on June 27, 2013, 10:07:56 AM

I sold as well.
Took my profit and now will invest in AMC.

You are now doomed to experience lonely and miserable Wednesdays.

Haha right, we'll see.

ianp

full member

Activity: 294

Merit: 100

Quick question -- can someone tell me (or have them get in touch with me) who runs asicminer.info?

hammurabi

full member

Activity: 223

Merit: 100

Quote from: ShroomsKit on June 27, 2013, 10:07:56 AM

I sold as well.
Took my profit and now will invest in AMC.

You are now doomed to experience lonely and miserable Wednesdays.

ianp

full member

Activity: 294

Merit: 100

Reminder / Update

ThickAsThieves, VJain, Franktank and myself have put together the next round of questions for the community to vote on.

Once we have a consensus of the top three questions, ThickAsThieves will submit them to Friedcat.

The last round was a big success, so we will continue doing this for the foreseeable future.

The questions are available for voting here:

https://docs.google.com/forms/d/1M7wigyDWjKjabHKdC7msaEfXvYaNxtMbbmTIRss8EqU/viewform

Here are the results so far (215 votes):

1) What are the plans regarding the Official ASICMINER Exchange? Have they been dropped? - 2.89
2) Does ASICMINER/Bitfountain intend to create and official website and/or blog outside of the bitcointalk forums? - 2.95
3) Do you have plans for a retail website? - 3.2
4) Does ASICMINER have plans to develop a marketing campaign to extend beyond word of mouth and business on the bitcointalk.org? - 2.88
5) Earlier this year, you committed to a minimum of 10% of the network hashing being represented by ASICMINER, can you update us to the current goals for network % and for total hashpower in 2013 and beyond? - 4.08
6) When can we expect the first financial report? - 3.68
7) Originally, board members were going to receive a test unit of an ASIC mining device. Will you provide this or any other tangible items to board members in the future? - 2.01
8 ) Could we have an official live hashrate meter from ASICMINER? - 3.17
9) For more transparency, is it possible to share a wallet address for depositing income from ASICMINER hardware sales? - 2.99
10) Besides mining, hardware sales, and fees, are there any other potential sources of revenue? - 2.34 (Note: This question was added significantly later in the voting process, therefore, about half of the votes are weighed as "1" due to the fact that half of the voters did not have the opportunity to vote on it.)

Please note: Voting has NOT closed! You can (and should) still vote! We'll keep the voting open for another 24-48 hours, and then we will compile results and submit the questions.

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: CoinHoarder on June 27, 2013, 09:59:23 AM

Quote from: kokojie on June 27, 2013, 09:43:40 AM

Quote from: bbxx on June 26, 2013, 12:01:09 PM

people are holding shares...
few weak hands will buy back soon.

I feel the price is overvalued right now. They will buy back at lower price probably, below BTC3

I sold majority of my holdings at BTC3.47 yesterday.

I disagree with this statement. Granted, in Bitcoin mining everyone is always looking for a month to 3 month ROI. However, I feel like with this security having so much future potential (mining hardware at cost + hardware sells + generation2 chips), ~30% APY is a completely reasonable price for one share.

Also, there is quite a bit of buy support above 3 BTC, with 192 bids above 3 BTC on Bitfunder (I don't visit the other exchanges so I'm not sure about elsewhere.)

I sold as well.

Took my profit and now will invest in AMC.

CoinHoarder

legendary

Activity: 1484

Merit: 1026

In Cryptocoins I Trust

Quote from: kokojie on June 27, 2013, 09:43:40 AM

Quote from: bbxx on June 26, 2013, 12:01:09 PM

people are holding shares...
few weak hands will buy back soon.

I feel the price is overvalued right now. They will buy back at lower price probably, below BTC3

I sold majority of my holdings at BTC3.47 yesterday.

I disagree with this statement. Granted, in Bitcoin mining everyone is always looking for a month to 3 month ROI. However, I feel like with this security having so much future potential (mining hardware at cost + hardware sells + generation2 chips), ~30% APY is a completely reasonable price for one share.

Also, there is quite a bit of buy support above 3 BTC, with 192 bids above 3 BTC on Bitfunder (I don't visit the other exchanges so I'm not sure about elsewhere.)

kokojie

legendary

Activity: 1806

Merit: 1003

Quote from: bbxx on June 26, 2013, 12:01:09 PM

people are holding shares...
few weak hands will buy back soon.

I feel the price is overvalued right now. They will buy back at lower price probably, below BTC3

I sold majority of my holdings at BTC3.47 yesterday.

velacreations

sr. member

Activity: 476

Merit: 250

cheap shares on btct.co!

aahzmundus

hero member

Activity: 644

Merit: 500

Invest & Earn: https://cloudthink.io

Quote from: Skinnkavaj on June 27, 2013, 06:38:41 AM

Really what better is it to have shares at BTCT.co if it's a PT?
I mean if Bitfunder goes down or WeExchange go down, we are still f*cked when BTCT.co is buying shares from BitFunder as a PT.
Am I missing something here?

You are missing the fact that BitFunder is ALSO a PT. There is no market site to buy direct shares on, you can only buy direct shares on the forum as auctions or through private sales. Both BTCT.co and Bitfunder buy shares directly from friedcat, and re-sell them. You can see how many shares they each held as of last dividend here: https://docs.google.com/spreadsheet/ccc?key=0AtqphFCP56ordGVCakJxSU90MlB4MlBkZENya25pS2c#gid=4

For some reason you got into your head that BitFunder shares are direct... this is not the case.

Edit: for clarity, friedcat manually manages a list of "direct" sharholders for which he has recorded a number of shares, a payment address, and an e-mail. The only way we know of other shareholders and what they hold is via block chain analysis when payments go out.

Exocyst

sr. member

Activity: 266

Merit: 250

Science!

Quote from: Skinnkavaj on June 27, 2013, 06:38:41 AM

Really what better is it to have shares at BTCT.co if it's a PT?
I mean if Bitfunder goes down or WeExchange go down, we are still f*cked when BTCT.co is buying shares from BitFunder as a PT.
Am I missing something here?

You're missing something. Direct shares can be moved to/from BTC-TC.

Skinnkavaj

sr. member

Activity: 469

Merit: 250

English Motherfucker do you speak it ?

Really what better is it to have shares at BTCT.co if it's a PT?
I mean if Bitfunder goes down or WeExchange go down, we are still f*cked when BTCT.co is buying shares from BitFunder as a PT.
Am I missing something here?

SmiGueL

sr. member

Activity: 322

Merit: 252

Quote from: ?? on ??

Does ASICminer still issue a satoshi per share with the weekly dividend?

No, they stopped with that_{(probably to prevent everyone have to wait a day+ for their divs, because of the 100 confirmations )}

eltopo

full member

Activity: 230

Merit: 100

Not atm... just wait 2, 3, 4 weeks... Wink

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: eltopo on June 27, 2013, 03:57:01 AM

Quote from: aahzmundus on June 26, 2013, 08:19:29 PM

Quote from: eltopo on June 26, 2013, 11:57:10 AM

Quote from: eltopo on June 13, 2013, 06:12:44 AM

I tried myself to create a list with AM shareholders based on yesterday's dividends:

https://docs.google.com/spreadsheet/ccc?key=0AtqphFCP56ordGVCakJxSU90MlB4MlBkZENya25pS2c

I got > 398k of the 400k shares. If you find any errors please let me know!

Updated.

THANK YOU! I may be the only person who cares about this... so because of that I am sending you a small donation! PLEASE keep updating this!

Thanks! As long as I own some shares myself, I will update the sheet. So... sell at 4? Grin

How do you know they are any buyers at 4?

eltopo

full member

Activity: 230

Merit: 100

Quote from: aahzmundus on June 26, 2013, 08:19:29 PM

Quote from: eltopo on June 26, 2013, 11:57:10 AM

Quote from: eltopo on June 13, 2013, 06:12:44 AM

I tried myself to create a list with AM shareholders based on yesterday's dividends:

https://docs.google.com/spreadsheet/ccc?key=0AtqphFCP56ordGVCakJxSU90MlB4MlBkZENya25pS2c

I got > 398k of the 400k shares. If you find any errors please let me know!

Updated.

THANK YOU! I may be the only person who cares about this... so because of that I am sending you a small donation! PLEASE keep updating this!

Thanks! As long as I own some shares myself, I will update the sheet. So... sell at 4? Grin

binaryFate

legendary

Activity: 1512

Merit: 1012

Still wild and free

Quote from: Mnw on June 27, 2013, 03:40:21 AM

Can we ask to friend/baked/friedcat if AM could institutionalize wednesday newsbrief to shareholders?

Wait for next poll of questions for this. PM ThickAsThieves, VJain, Franktank or ianp to propose it (if they don't read this).

Mnw

newbie

Activity: 28

Merit: 1

Can we ask to friend/baked/friedcat if AM could institutionalize wednesday newsbrief to shareholders?

TECHICENINE

newbie

Activity: 28

Merit: 0

Quote from: Eric Muyser on June 26, 2013, 11:59:43 PM

Price feels so manipulated this week (someone pushing the spread to nearly nothing with nothing close beneath it). Quite successfully I might add.

insiders control the price ez look at the top three players here it's sick the amount of BTC/shares held..thanks

dhenson

legendary

Activity: 994

Merit: 1000

DeadTerra is usually behind, but they get paid out within 48 hours.

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 919. (Read 3917058 times)