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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 939. (Read 3917058 times)

hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
Looking at my favorite chart... (http://runeks.dk/bitcoin/ last chart on the page)

Looks like things are not going as well as last week... but the gap is closing!  Share prices also seem to be at an all time high.

I am really interested to see what price point the new batch of ASIC miners come in at... before when no one had yet shipped we could, and did take the best price we could and sold limited volume at high profit.  There was a huge market of people that simply couldn't bring themselves to buy hardware...

Now however it seems the game has changed slightly. I imagine with ASICMINERS lean operation, no website... no substantial advertising... ability to use their own hardware and not get bitched out... ASICMINER could cut margins thinner this run and go for undercutting the competition.  It appears that our competition can not produce units quickly, having not reserved fab time (or whatever such things are needed).  I wonder what strategy will be used, but whatever it is I trust in friedcat.
full member
Activity: 168
Merit: 100
Last six hours shows 37.5 TH for me and I haven't seen it over 40 Th.. Perhaps I'm just unlucky  Sad   Regardless, AM is over 20% of the network at the moment which is great. Hopefully they will be able to keep said percentage with the influx of hashing power that is coming.

this was earlier when i replied, i should of taken a pic, ive seen it high before but that was a first, next time ill picture it! you know the internets, "pic or it didnt happen"

it did tho maybe theres someway to check?
newbie
Activity: 57
Merit: 0
Last six hours shows 37.5 TH for me and I haven't seen it over 40 Th.. Perhaps I'm just unlucky  Sad   Regardless, AM is over 20% of the network at the moment which is great. Hopefully they will be able to keep said percentage with the influx of hashing power that is coming.
full member
Activity: 168
Merit: 100
update: average hashrate 6h is over 60terahash!!!
price on btct is over 3.2?
hmm whats the world coming to these days!?
full member
Activity: 140
Merit: 100
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?

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.

Thanks, now I understand a bit better. I should probably educate myself more about finance, because being a total noob is not good for an investor Smiley
sr. member
Activity: 476
Merit: 250
The first is by definition not flawed.
ASICMINER is a SCAM and is ILLEGAL. The issuer has not registered his investment with the SEC or other authorizes. HE IS BREAKING THE LAW.
Obvious troll is obvious.
Obvious troll was banned.  Smiley
That just leaves the non-obvious ones  Grin

So many ripples  Grin Grin Grin
hero member
Activity: 518
Merit: 500
ASICMINER is a SCAM and is ILLEGAL. The issuer has not registered his investment with the SEC or other authorizes. HE IS BREAKING THE LAW.

Obvious troll is obvious.

Obvious troll was banned.  Smiley

That just leaves the non-obvious ones  Grin
sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
ASICMINER is a SCAM and is ILLEGAL. The issuer has not registered his investment with the SEC or other authorizes. HE IS BREAKING THE LAW.

Obvious troll is obvious.

Obvious troll was banned.  Smiley
hero member
Activity: 784
Merit: 501
ASICMINER is a SCAM and is ILLEGAL. The issuer has not registered his investment with the SEC or other authorizes. HE IS BREAKING THE LAW.

Obvious troll is obvious.
hero member
Activity: 518
Merit: 500
No bitfunder is USA

THey offer securities to USA, they must follow USA laws.

Are you not a US Citizen?

No I'm not. And aren't these "virtual shares' anyway?
hero member
Activity: 518
Merit: 500
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?

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.
sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
ASICMINER is a SCAM and is ILLEGAL. The issuer has not registered his investment with the SEC or other authorizes. HE IS BREAKING THE LAW.
Since when do businesses in China have to register with the SEC?
He is offering investments to United States Citizens.

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.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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 Smiley
Can use it on BFL sometime if a shill appears
legendary
Activity: 994
Merit: 1000
ASICMINER is a SCAM and is ILLEGAL. The issuer has not registered his investment with the SEC or other authorizes. HE IS BREAKING THE LAW.


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

This is a scAM. It is also ILLEGAL. Just add S. You have SCAM.

Where are you licenses? Where is your registration with SEC?

/yawn
full member
Activity: 140
Merit: 100
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?
legendary
Activity: 1904
Merit: 1002
ASICMINER is a SCAM and is ILLEGAL. The issuer has not registered his investment with the SEC or other authorizes. HE IS BREAKING THE LAW.
Since when do businesses in China have to register with the SEC?
legendary
Activity: 994
Merit: 1000
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.   Grin
cracked 4 out of the last 7.

Major slow down  Roll Eyes

What did you expect?

FNG
hero member
Activity: 588
Merit: 500
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.   Grin
cracked 4 out of the last 7.

Major slow down  Roll Eyes
full member
Activity: 224
Merit: 100
You can't kill math.
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.   Grin

Yah and there's already 0.01 in the dividend from mining alone and still half a week to go.
donator
Activity: 294
Merit: 250
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.   Grin
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