ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 924.

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: tkone on June 26, 2013, 09:50:35 AM

3.4 wall is good, actually even good if a dropped cheaper, means we can reinvest dividends to buy more shares for cheaper,
i know everyone wants price of shares to rise,
but look on the bright side, we have a benefit of it staying or even getting lower

what wall are you talking about? I don't see one, only significant sell orders at 3.5

Mnw

newbie

Activity: 28

Merit: 1

Expecting share price drops again after dividends announcement..

tkone

full member

Activity: 168

Merit: 100

3.4 wall is good, actually even good if a dropped cheaper, means we can reinvest dividends to buy more shares for cheaper,
i know everyone wants price of shares to rise,
but look on the bright side, we have a benefit of it staying or even getting lower

matt_boyd

sr. member

Activity: 246

Merit: 250

Quote from: finlof on June 26, 2013, 09:35:47 AM

Quote from: matt_boyd on June 26, 2013, 06:56:39 AM

Any speculations as to what the price will be of the dividends?

currently the ASICMiner mining address has 6300+ BTC in it, which translates to almost 0.016/share - http://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i

Not the worst, I can't wait for the new products to come out, that will be exciting time, by the way TAT, liking the sarcasm, it give me a chuckle. Wink

finlof

hero member

Activity: 630

Merit: 500

Quote from: matt_boyd on June 26, 2013, 06:56:39 AM

Any speculations as to what the price will be of the dividends?

currently the ASICMiner mining address has 6300+ BTC in it, which translates to almost 0.016/share - http://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i

canth

legendary

Activity: 1442

Merit: 1001

Quote from: nubbins on June 26, 2013, 09:11:08 AM

Quote from: empoweoqwj on June 26, 2013, 08:57:22 AM

And being "forced to sell" and taking a huge profit is a problem in what respect?

Nobody ever went bust taking a huge profit.

I think it comes down to personal preference: slow & steady means you don't have to keep checking the exchanges for the perfect time to sell. Fast & furious means you get rich quicker.

Long-time shareholders are already filthy rich, but now feel as if they're being forced into action.

As far as problems go, this isn't a major one Cool

Heh, no - I don't think that they'll mind taking a huge profit, but I for one still want to have a few patient investors with a steady hand to anchor the price. Personally I'd prefer that to seeing it whipsaw back and forth with a bunch of investors that react to short term fluctuations in hash rates or hardware sales. The trader sure doesn't, but to each their own.

Also, most the long-time shareholders are probably only filthy rich if they've unloaded a huge portion of their shares, recently. Wealthy, no doubt - filthy rich? I don't think anyone has retired just yet. AM IPO investors - feel free to send pics of your yacht purchased with BTC if I'm wrong.

nubbins

legendary

Activity: 1554

Merit: 1009

Quote from: empoweoqwj on June 26, 2013, 08:57:22 AM

And being "forced to sell" and taking a huge profit is a problem in what respect?

Nobody ever went bust taking a huge profit.

I think it comes down to personal preference: slow & steady means you don't have to keep checking the exchanges for the perfect time to sell. Fast & furious means you get rich quicker.

Long-time shareholders are already filthy rich, but now feel as if they're being forced into action.

As far as problems go, this isn't a major one Cool

binaryFate

legendary

Activity: 1512

Merit: 1012

Still wild and free

@TAT (or one of the other guys taking care of the questions):

What do you mean by "fees" in the last question? If it's transactions fees it is part of mining, are you then speaking about something else?

binaryFate

legendary

Activity: 1512

Merit: 1012

Still wild and free

Quote from: empoweoqwj on June 26, 2013, 09:02:13 AM

What's ironic to me is that the *single* item in that list that ASICMINER cannot possibly fully control because it relies on so many external factors and companies, i.e. their network hasing %, gets the highest score.

Of course I understand the importance of keeping the hashrate high as possible, but nobody can ever guarantee a specific %, not even the mighty friendcat. He could guarantee an exchange, retail website, marketing campaign blah blah blah.

The wording "current goal" does not suggest any guarantee, I don't know where you got that. What is important is the target they're aiming at.

ThickAsThieves

hero member

Activity: 518

Merit: 500

Quote from: empoweoqwj on June 26, 2013, 09:02:13 AM

Quote from: ianp on June 26, 2013, 08:41:24 AM

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 (183 votes):

1) What are the plans regarding the Official ASICMINER Exchange? Have they been dropped? - 2.9
2) Does ASICMINER/Bitfountain intend to create and official website and/or blog outside of the bitcointalk forums? - 3.02
3) Do you have plans for a retail website? - 3.3
4) Does ASICMINER have plans to develop a marketing campaign to extend beyond word of mouth and business on the bitcointalk.org? - 2.94
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? - 4.1
6) When can we expect the first financial report? - 3.65
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? - 1.98
8 ) Could we have an official live hashrate meter from ASICMINER? - 3.12
9) For more transparency, is it possible to share a wallet address for depositing income from ASICMINER hardware sales? - 2.98
10) Besides mining, hardware sales, and fees, are there any other potential sources of revenue? - 3.9

Please note: Voting has NOT closed! You can (and should) still vote!

What's ironic to me is that the *single* item in that list that ASICMINER cannot possibly fully control because it relies on so many external factors and companies, i.e. their network hasing %, gets the highest score.

Of course I understand the importance of keeping the hashrate high as possible, but nobody can ever guarantee a specific %, not even the mighty friendcat. He could guarantee an exchange, retail website, marketing campaign blah blah blah.

The question is one of goals and strategy, not one of guarantees.

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: ianp on June 26, 2013, 08:41:24 AM

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 (183 votes):

1) What are the plans regarding the Official ASICMINER Exchange? Have they been dropped? - 2.9
2) Does ASICMINER/Bitfountain intend to create and official website and/or blog outside of the bitcointalk forums? - 3.02
3) Do you have plans for a retail website? - 3.3
4) Does ASICMINER have plans to develop a marketing campaign to extend beyond word of mouth and business on the bitcointalk.org? - 2.94
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? - 4.1
6) When can we expect the first financial report? - 3.65
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? - 1.98
8 ) Could we have an official live hashrate meter from ASICMINER? - 3.12
9) For more transparency, is it possible to share a wallet address for depositing income from ASICMINER hardware sales? - 2.98
10) Besides mining, hardware sales, and fees, are there any other potential sources of revenue? - 3.9

Please note: Voting has NOT closed! You can (and should) still vote!

What's ironic to me is that the *single* item in that list that ASICMINER cannot possibly fully control because it relies on so many external factors and companies, i.e. their network hasing %, gets the highest score.

Of course I understand the importance of keeping the hashrate high as possible, but nobody can ever guarantee a specific %, not even the mighty friendcat. He could guarantee an exchange, retail website, marketing campaign blah blah blah.

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: canth on June 26, 2013, 08:39:45 AM

Quote from: nubbins on June 26, 2013, 08:12:58 AM

Quote from: ThickAsThieves on June 26, 2013, 08:03:07 AM

Guys, we need to ground ourselves.

You do not want the price just going up constantly. No matter how good it feels to just watch your investment inflate, every bubble pops in the end.

The stock has risen 1BTC in like 2 weeks, be happy!

Start thinking of ways to protect your investment, diversify, etc. Or hell, (no offense intended), do something productive yourself!

2BTC in less than two months

I, for one, welcomed the BTC3.4 wall, as I was starting to get uncomfortable with the % of my portfolio invested in AM.

+1 to both of the above. If it keeps rising 1BTC every month for the next few months, then large shareholders will be practically forced to sell significant portions. They'd be crazy not to with a bubble like that, no matter what the future may hold for AM. Steady reasonable growth based upon mining results and hardware sales are what I'd like to see, personally.

And being "forced to sell" and taking a huge profit is a problem in what respect?

Nobody ever went bust taking a huge profit.

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 (183 votes):

1) What are the plans regarding the Official ASICMINER Exchange? Have they been dropped? - 2.9
2) Does ASICMINER/Bitfountain intend to create and official website and/or blog outside of the bitcointalk forums? - 3.02
3) Do you have plans for a retail website? - 3.3
4) Does ASICMINER have plans to develop a marketing campaign to extend beyond word of mouth and business on the bitcointalk.org? - 2.94
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? - 4.1
6) When can we expect the first financial report? - 3.65
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? - 1.98
8 ) Could we have an official live hashrate meter from ASICMINER? - 3.12
9) For more transparency, is it possible to share a wallet address for depositing income from ASICMINER hardware sales? - 2.98
10) Besides mining, hardware sales, and fees, are there any other potential sources of revenue? - 3.9

Please note: Voting has NOT closed! You can (and should) still vote!

canth

legendary

Activity: 1442

Merit: 1001

Quote from: nubbins on June 26, 2013, 08:12:58 AM

Quote from: ThickAsThieves on June 26, 2013, 08:03:07 AM

Guys, we need to ground ourselves.

You do not want the price just going up constantly. No matter how good it feels to just watch your investment inflate, every bubble pops in the end.

The stock has risen 1BTC in like 2 weeks, be happy!

Start thinking of ways to protect your investment, diversify, etc. Or hell, (no offense intended), do something productive yourself!

2BTC in less than two months

I, for one, welcomed the BTC3.4 wall, as I was starting to get uncomfortable with the % of my portfolio invested in AM.

+1 to both of the above. If it keeps rising 1BTC every month for the next few months, then large shareholders will be practically forced to sell significant portions. They'd be crazy not to with a bubble like that, no matter what the future may hold for AM. Steady reasonable growth based upon mining results and hardware sales are what I'd like to see, personally.

Franktank

hero member

Activity: 560

Merit: 500

Quote from: ThickAsThieves on June 26, 2013, 08:03:07 AM

Quote from: stslimited on June 26, 2013, 07:57:00 AM

is there a large auction happening? was wondering why the price was hovering

Guys, we need to ground ourselves.

You do not want the price just going up constantly. No matter how good it feels to just watch your investment inflate, every bubble pops in the end.

The stock has risen 1BTC in like 2 weeks, be happy!

Start thinking of ways to protect your investment, diversify, etc. Or hell, (no offense intended), do something productive yourself!

As in, we shouldn't be watching the mining wallet and hash rate nonstop?!?!

This is making too much sense...

Rival

hero member

Activity: 504

Merit: 502

My only real concern about the rising price is that it becomes a barrier to accumulating more shares. I am only really in it for the dividend income. Higher prices for shares translates into lower yields for additional share purchases.

I guess that is the different viewpoint of a long-term investor.

nubbins

legendary

Activity: 1554

Merit: 1009

Quote from: ThickAsThieves on June 26, 2013, 08:03:07 AM

Guys, we need to ground ourselves.

You do not want the price just going up constantly. No matter how good it feels to just watch your investment inflate, every bubble pops in the end.

The stock has risen 1BTC in like 2 weeks, be happy!

Start thinking of ways to protect your investment, diversify, etc. Or hell, (no offense intended), do something productive yourself!

2BTC in less than two months

I, for one, welcomed the BTC3.4 wall, as I was starting to get uncomfortable with the % of my portfolio invested in AM.

finlof

hero member

Activity: 630

Merit: 500

Quote from: ThickAsThieves on June 26, 2013, 08:03:07 AM

Quote from: stslimited on June 26, 2013, 07:57:00 AM

is there a large auction happening? was wondering why the price was hovering

Guys, we need to ground ourselves.

You do not want the price just going up constantly. No matter how good it feels to just watch your investment inflate, every bubble pops in the end.

The stock has risen 1BTC in like 2 weeks, be happy!

Start thinking of ways to protect your investment, diversify, etc. Or hell, (no offense intended), do something productive yourself!

+1

ThickAsThieves

hero member

Activity: 518

Merit: 500

Quote from: stslimited on June 26, 2013, 07:57:00 AM

is there a large auction happening? was wondering why the price was hovering

Guys, we need to ground ourselves.

You do not want the price just going up constantly. No matter how good it feels to just watch your investment inflate, every bubble pops in the end.

The stock has risen 1BTC in like 2 weeks, be happy!

Start thinking of ways to protect your investment, diversify, etc. Or hell, (no offense intended), do something productive yourself!

stslimited

hero member

Activity: 546

Merit: 500

is there a large auction happening? was wondering why the price was hovering

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 924. (Read 3917543 times)