Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 939. (Read 3917591 times)

That just leaves the non-obvious ones 

Obvious troll was banned. 

Obvious troll is obvious.

No I'm not. And aren't these "virtual shares' anyway?

All companies that offer shares should seek wide and varied shareholding. That's the point of offering shares to the public. Raise capital and let the market decide on the worth of a company.

How does publicity benefit ASICMINER? It makes their company worth more!! Do you really think they don't care if their company is worth $100M or $200M or $300M? Of course they do. Would you if you owned 50K shares? Some / all of them will cash some or all their shares out at some time. Every good business person has an exit strategy.

I'm not advocating instability. Simply saying that allow as many people as possible to make an informed choice as to what the share price should be. Only then do you get a "fair" price.

If lots of you are still wanting to "buy in cheap", I understand you don't want any publicity at all. All that says to me is many people believe the shares are still potentially undervalued. I can't argue with that, just depends on how the next 6 months pans out.

The exchanges offering those investments are all operating out of Belize, I think, which has no laws regulating virtual currencies (i.e.: it's not money, so they're not actually investments).

This is your post history:

https://bitcointalksearch.org/user/btcman-94314

Is your sole reason for registering here to spread Bitcoin FUD? The "keywords" thing in your sig is laughable, by the way. Have fun, kiddo.

Calling ASICMiner a scam is like calling like calling Kenny G a jazz musician in front of Miles Davis.


Just had to borrow that one
Can use it on BFL sometime if a shill appears

Go away troll, you posted almost the exact comment in the AMC thread.


/yawn

Sorry if I'm being stupid, but what's the point in advertising anyway?

If the share price rises it will not help BitFountain financially unless they decide to sell some of their shares, and it will not affect dividends, but it can make share price much less stable, which IMHO is not more preferable than a slower but steadier grow.

Am I wrong?

Since when do businesses in China have to register with the SEC?

What did you expect?

cracked 4 out of the last 7.

Major slow down 

Yah and there's already 0.01 in the dividend from mining alone and still half a week to go.

Hash rate appears to be dropping again (likely luck, could be a similar issue to last time). Don't forget to panic-sell, everyone!! Daddy needs a new pair of shoes.   

I'll offer a counterpoint. As long as the share price of AM hasn't achieved its full share price potential, reinvesting dividends is a great use for the dividends. The more advertising we do, the less likely we'll be able to reinvest at a good price.

-helixone

It is kind of funny that the fanbase aka us forum members are the ones who do the advertising 
Just proves how awesome it is

^  Threads can be created on hotstockmarket, investorsvillage, investorshub, etc

You know that's very interesting because I was wondering the same thing myself, only because I believe ASICMINER is "hiding its light under a bushel" i.e. not being publicised.

I had been on bitcointalk for several months and the only mining company I ever heard about was BFL ... BFL this, BFL that. OK, I have had dug properly into the right place I would have come across ASICMINER, but it wasn't until I said to myself "its time to put my BTC to work instead of just sitting on them" I came across this ASICMINER mega-thread, read it, and decided very quickly to invest (@ 2.5)

My point?
     *) ASICMINER themselves are as quiet as mouse.
     *) ASICMINER has no website (as many people pointed out, a first for such a big company)
     *) ASICMINER has rarely advertised at bitcointalk (only I believe when they had direct hardware to sell to public)

So I believe awareness is a key factor that has held share price down for so long. Bitcoins "best kept secret" if you will. Although the amazing value has now gone, I believe its still a good way for people to put some bitcoins to work in terms of risk / reward.

What can shareholders / ASICMINER do to boost interest?

1) Get involved in discussions on bitcointalk about mining i.e. don't just sit here following one thread, go out and contribute to other threads that talk about mining. I don't mean spam. I mean actually contribute, because a lot of people don't know about ASICMINER at all, just BFL and then maybe Avalon. Personally I use a twitter feed to get new topics from bitcointalk but there are lots of ways to find relevant topics to contribute to.

2) About the website thing - just my mate's experience .... but he's a very savvy Internet person. He google'd ASICMINER and asicminer.co comes up number 1. He *automatically* assumed this was ASICMINER's website. I really had to persuade him that ASICMINER has no website and the site he found was a forum member's site. And I'm definitely not having a go at whoever owns asicminer.co, merely pointing out that ASICMINER have left a vacuum due to not having a site. I argued last week that ASICMINER didn't need a site, but .... if we are talking about "spreading the word" and giving people confidence to invest in ASICMINER, I'd definitely be happy to beat up my own argument  

3) I'm sure ASICMINER will advertise hardware again *but* honestly, they could run a very simple ad at *any time* showing growth of shares, how much they have made shareholders, and where to buy shares. Or even the guys that run the passthrough shares could do this.

4) If anyone knows people that write articles online, write about the amazing success story of ASICMINER - bitcoin is an easy sell for a topic at the moment, this would be a neat angle on the whole bitcoin scene.

"The bitcoin company that went from nothing to $100M in under a year without a website" )

Summary: I believe ASICMINER (for good reasons, not bad) has been very publicity shy to date, and again for good reasons, so have the shareholders.
There *will* be much more mining competition in the next 12 months, its been a very lucrative business, competition is inevitable, so I think now is the time to get out and start spreading the word about ASICMINER and how amazingly its performed. But yeah, most of it falls pretty flat unless ASICMINER is on board, does a website etc.

In 5 years time we may all be chained to plows cutting furrows in state-owned ethanol fields to provide fuel for the military campaigns of our respective governments in the resource wars.

Hard to say what a share of ASICminer will be worth in 1 week, to say nothing of the value in 5 years.

It is certainly doing just fine today though.

I'd be very, very cautious about 5 year projections. Right now ASICMiner is one of very few companies with chips, but within a couple years there will almost certainly be several companies with 22 nm chips. It's even possible that Avalon, whose primary objective is protecting the blockchain, will sell those chips for the cost of manufacture, making ASICMiner unable to turn a profit on hardware sales because of undercutting by grassroots, open-source group buys similar to those we're seeing for 110 nm right now.

At that point ASICMiner's competitive advantage will be gone, and their margins will be much thinner.