ASICMINER Speculation Thread - page 115.

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: runeks on September 14, 2013, 10:50:30 AM

Not to mention that they can't even explain why their PCBs look weird, and the alleged mining chips in the picture don't add up with the specification they've posted previously: https://bitcointalk.org/index.php?topic=263445.msg3152956;topicseen#msg3152956

Looks very suspicious indeed.

+1

they didn't explain anything, and that's why the share price dropped and over a million shares were sold yesterday.The update was supposed to verify their claims, but instead, it revealed what many suspected: their claims were baseless.

Anyway, back to AM. Looks like the has rate is back around 34 TH/s. I was surprised by those 176 shares being sold this morning, I guess someone got nervous or is trying to play the waves on Labcoin.

tarmi

legendary

Activity: 1232

Merit: 1011

Quote from: runeks on September 14, 2013, 10:50:30 AM

Not to mention that they can't even explain why their PCBs look weird, and the alleged mining chips in the picture don't add up with the specification they've posted previously: https://bitcointalk.org/index.php?topic=263445.msg3152956;topicseen#msg3152956

Looks very suspicious indeed.

+1

to me this picture of chips and PCB-s looks like a 3d printed box.

runeks

legendary

Activity: 980

Merit: 1008

Not to mention that they can't even explain why their PCBs look weird, and the alleged mining chips in the picture don't add up with the specification they've posted previously: https://bitcointalk.org/index.php?topic=263445.msg3152956;topicseen#msg3152956

Looks very suspicious indeed.

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: superduh on September 14, 2013, 01:10:05 AM

Quote from: romerun on September 14, 2013, 12:57:43 AM

what's going on with labcoin ? so many pages

noone actually knows.

I do.

They lied about starting to hash several days ago. Today, they post pics of unassembled hardware, after claiming to be on schedule several times.

After many lies, they basically tell shareholders to hold until the end of October.

Share price crashed from .0035 to .0015 within a few hours, with hundreds of thousands of shares being sold.

Basically, they imploded.

superduh

hero member

Activity: 602

Merit: 500

Quote from: romerun on September 14, 2013, 12:57:43 AM

what's going on with labcoin ? so many pages

noone actually knows.

romerun

legendary

Activity: 1078

Merit: 1002

Bitcoin is new, makes sense to hodl.

what's going on with labcoin ? so many pages

velacreations

sr. member

Activity: 476

Merit: 250

I think the Labcoin fallout will probably build some demand for AM in the next week.

It would be nice if FC had some great news for us, though.

mechs

full member

Activity: 210

Merit: 100

My guess is Asicminer is going to fall behind with all the new competition for gen 2. However, I am not so confident as to try and short AM. Fact is, Friedcat has an great track record and although I am not willing to buy AM now, he is not a man I am willing to bet against either. Staying on the sidelines at this points.

nousfeed

newbie

Activity: 21

Merit: 0

With the franchising, does anyone know whats happening here? Is FC selling/leasing old blades at discount to get other people to mine for him?
Or is something completely different?

glendall

legendary

Activity: 2156

Merit: 1018

Buzz App - Spin wheel, farm rewards

I'm pretty optimistic that the hash rate falling is a good thing. It is for some purpose or plan towards increasing the hash rate, and it will only be a temporary thing.

Why do I think that? F.C. The dude is reliable IMHO. If anyone knows what they are doing, has a plan, and has proved themselves, it's F.C.

I think with all the competition now a-days , that AM will unlikely ever have the dominance they did with their early lead into the ASIC market. That said, I still think AM will do great, and has a bright future... I'm eagerly checking the forums like twice a day to see if there are any updates.

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: mechs on September 12, 2013, 06:57:05 AM

Only three possibilities:
1. A catastrophic hardware failure (very bad news - we going to 1.5 - 2)
2. Moving hardware to a new location with better cooling/power infrastructure (slightly bad news since some coins lost in the meantime but a transient issue, may see a short-term small dip)
3. Blades being taking down to be replaced with new gen 2 blades (extremely good news, would mean a solid 2-3 month lead time on competitors and stock will be in the 5-6 range shortly if confirmed)

Anyone on the board of directors have some more information?

other possibilities:

power issues, network issues, software issues, etc

This isn't the first time we've had a big drop in the last few weeks, so we can assume it is a recurring problem.

I hope they are moving to a better situation that resolves the issue.

superduh

hero member

Activity: 602

Merit: 500

given the current situation shouldn't AM just join a pool for the time being?

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: Herp on September 12, 2013, 06:53:44 AM

I also see dividends have been falling lately without clear explanation as to why and one friedcat provided was not too convincing.

investing in future hardware is not convincing?

freedomno1

legendary

Activity: 1834

Merit: 1094

Learning the troll avoidance button :)

Quote from: BitAddict on September 12, 2013, 09:54:21 AM

Quote from: 101111 on September 12, 2013, 07:55:19 AM

That ad space isn't going to come cheap, most recent bid (betcoin https://bitcointalksearch.org/topic/m.3136054) was 7 @ 17 !

Ad price is getting ridiculous. Probably ad bubble coming?

There has always been one discussion on the meta board about ad's etc and the whole Diamondcards bitcointalk has money but won't upgrade the dang forum software and allows bad companies to still advertise here argument.
But those bids are quite high hope Friedcat can get a quiet round

101111

hero member

Activity: 525

Merit: 500

Quote from: ImI on September 12, 2013, 09:17:27 AM

Quote from: Franktank on September 12, 2013, 07:56:26 AM

Quote from: 101111 on September 12, 2013, 07:40:03 AM

Quote from: Herp on September 12, 2013, 07:06:34 AM

I have to say though, I am amazed by the level of trust I've seen in this community. The market cap of this stock is good example.

A lot of AM investors have already received their money back in dividends.

Anyone that bought in late Feb - early March has gotten their ROI, AM has paid out a total of about 0.54/share.

Indeed, but in terms of fair valuation of this stock past divs doenst matter. Only future divs matter.

I personally think that the early bird advantage is gone and now as the big guys are entering the market the competetion ist going through the roof.

That means WAY lower profit margins for every ASIC producer and thus means WAY lower divs in the long term.

Special time is over imo.

The issue was one of trust, which Friedcat clearly has in well-deserved abundance.

In terms of fair valuation for AM you are saying this trust is worth nothing. I disagree.

Future divs, heck even next weeks' divs are only a wild-ass guess, so good luck arriving at a fair valuation on that basis.

If bitcoin takes off as we all hope it will, as an asset, a protocol, a platform, etc. spawning whole new products and services, and FC keeps adding new revenue streams (such as the recently added franchising), who knows where we will be in 5 or 10 years time? One day soon you might look back and see this stage as early bird?

BitAddict

legendary

Activity: 1190

Merit: 1001

Quote from: 101111 on September 12, 2013, 07:55:19 AM

That ad space isn't going to come cheap, most recent bid (betcoin https://bitcointalksearch.org/topic/m.3136054) was 7 @ 17 !

Ad price is getting ridiculous. Probably ad bubble coming?

ImI

legendary

Activity: 1946

Merit: 1019

Quote from: Franktank on September 12, 2013, 07:56:26 AM

Quote from: 101111 on September 12, 2013, 07:40:03 AM

Quote from: Herp on September 12, 2013, 07:06:34 AM

I have to say though, I am amazed by the level of trust I've seen in this community. The market cap of this stock is good example.

A lot of AM investors have already received their money back in dividends.

Anyone that bought in late Feb - early March has gotten their ROI, AM has paid out a total of about 0.54/share.

Indeed, but in terms of fair valuation of this stock past divs doenst matter. Only future divs matter.

I personally think that the early bird advantage is gone and now as the big guys are entering the market the competetion ist going through the roof.

That means WAY lower profit margins for every ASIC producer and thus means WAY lower divs in the long term.

Special time is over imo.

Franktank

hero member

Activity: 560

Merit: 500

Quote from: 101111 on September 12, 2013, 07:40:03 AM

Quote from: Herp on September 12, 2013, 07:06:34 AM

I have to say though, I am amazed by the level of trust I've seen in this community. The market cap of this stock is good example.

A lot of AM investors have already received their money back in dividends.

Anyone that bought in late Feb - early March has gotten their ROI, AM has paid out a total of about 0.54/share.

101111

hero member

Activity: 525

Merit: 500

That ad space isn't going to come cheap, most recent bid (betcoin https://bitcointalksearch.org/topic/m.3136054) was 7 @ 17 !

101111

hero member

Activity: 525

Merit: 500

Quote from: Herp on September 12, 2013, 07:06:34 AM

I have to say though, I am amazed by the level of trust I've seen in this community. The market cap of this stock is good example.

A lot of AM investors have already received their money back in dividends.

Topic: ASICMINER Speculation Thread - page 115. (Read 808905 times)