Topic: ASICMINER Speculation Thread - page 123. (Read 808757 times)

If I'm evaluating my odds i see an investment for one of the few companies for mining hardware that
- hasn't broken any promises or shipped overdue/shitty products to its customers (compared to most of the rest of the market)
- currently holds 10% of the network hashrate
- didn't take preorders to finance 2nd gen production (compared to every other company on the market)
- doesn't need to brag about data of unfinished products because there's no need for advertising to get preorder money
- has a good (if not the best) brand reputation in the small mining community  

These degrees feel quite good for my taste of security in a wildly speculated high-risk market.

oh and while I'm at it let me evaluate...
user
- is short on AM
- is concerned when AM buys advertising space  
- seems resistant to any positive news and instantly bad-mouthes them.
(irrespictive of the fact that there were no negative news besides growing competition (=based on promises for unreleased products), low divs because of 2nd gen investment and partially low hashrate charts in the last weeks)
- has ridiculous demands for shareholders' comfort from a small startup company (that isn't even given by big companies in a regular market), just to ease his position  
- not informed on present delievery status of AM's product portfolio
- sometimes has a postcount of more than 50% per page on a speculation thread
- starts to seed doubts on company's reliability without any proof when he runs out of arguments ignoring the fact that he's just adressing fundamental risks that every shareholder should already be aware of in the first place.  
- tends to get an sarcastic undertone after broad criticism and continues preaching his standpoint instead of confessing several flaws in his argumentation to allow a constructive discussion

you really seemed like a good counterbalance at first but shifting focus of a thread by constant posting from a goodlooking hashrate chart and decent news on advertising back to two pages of argumentation for your distorted standpoint is really the icing of the cake.
  
congrats and welcome to my ignorelist (with your rate of being quoted it won't help though)

huh?

how much of this fund will be spent on crack cocaine?

Great!

Thanks for the kind words.

Based on the input I have been receiving, I will start exploring the possibility. There will be an announcement in the near future one way or another.

No. He has RECENTLY become quiet, despite the fact there is just as much to discuss as ever - if not more, given the rise of a huge field of competition.

https://bitcointalksearch.org/user/friedcat-49840


Yeah, OK, that invalidates everything else.

At least I double-checked that they were indeed not selling, since I knew I was not sure.

Eyes open? You weren't even aware ASICMINER has blades for sale.

Vycid , is that you first time know about FC, he always very quiet...if you like CEO talk a lot , go to get some shares of Activemining,  Ken is 24 HRs online....

Not sarcasm, I meant it!

Np, it's like a match, you won, I'm fine with that ; )

It is nice to give people some opportunity to have short positions, but I don't think this would be the ideal method.
It feels slightly more complex than writing and buying options, and I doubt there are many people who deal in options at all.
I think it would be better to just manage a fund: you collect coins, you invest them as you feel, you give people dividends if you manage to be successful, you take a cut.

Fewer and fewer updates as the news got worse and worse. That was Yifu's pattern, at least. Just saying - keep your eyes open, metadata is data.

https://bitcointalksearch.org/topic/m.3105250

What particular possible similarity with Yifu are you considering?
I think it was you that got most excited about the ads, nutjob.

Perhaps you are right, and it is something innocuous, but you are definitely wrong not to entertain the possibility he is becoming less forthcoming with shareholder updates for the same reason we saw with Yifu.

This is a game of degrees, not wrong or right. Nobody knows with certainty. You can only evaluate your odds by examining many factors, and this is a factor I think people are overlooking (while getting excited about things that don't matter, like advertisements).

They must be very busy, and don't need to give competitors info.
And secondly, back in March, the company structure was different by the fact that they were directing all dividends to the initial public investors, and so in a way, they had more responsibility to shareholders then.
Now it's all gravy and they have no resonsibility to provide information just to satisfy traders on third party exchanges.

Nice one Lophie

Friedcat works on what he does and aims to meets schedule and that's whats important that and we designated the Shareholder FAQ to direct all questions too so he doesn't reply much in the time between them and as an aside personal security is still important last time I checked.
Since it's September stuff is getting assembled I presume.
Still watches the schedule.

Then why did he provide so much information in the past? Did you scroll through this?

https://bitcointalksearch.org/user/friedcat-49840

It is a change in habit and there should be a lot of news. It strikes me as very odd.

Edit:

You'll like this. In MARCH, no less, when he was an already an order of magnitude more talkative than he is now.

There are a multitude of reasons why some degree of discretion is advisable.
Concise, and no bullshit.
How would giving more info than this help the company?
You might enjoy it for playing your little trading games, but it won't help ASICMINER.

FC wasn't mining as much earlier this year, you mean?

He still finds time to make posts, they just avoid important topics and are not very useful to shareholders.

This bears repeating, just in terms of how terse it is.

He also wasn't mining quite as much bitcoin then.

http://www.youtube.com/watch?v=uPVttJZfKWk   0:40

You mean when someone visited Yifu's parents' house trying to get into contact with him?

Oh dear, I hope nobody has visited Friedcat's parents. It might derail the whole project.

Let me elaborate on my understanding of what happened - a buyer in China was seeking to get a contract on paper with the Avalon team. The Avalon team was not communicating, and the buyer, frustrated, went to Yifu's parents seeking a way to get in contact with him (this was over the line, I agree, but not necessarily malicious).

Yifu cites this as the reason they their chips are months late. I suspect these things have little or nothing to do with each other.

I am glad he takes his security seriously, but it is an excuse and nothing more. I wish he would assume responsibility.

Anyway, when people become less communicative in Bitcoin-land I consider it a warning sign. No guarantee, but I've seen it before. In the past, it seemed that Friedcat was always happy to share his news.

Are you aware of some of the security issues the avalon team experienced?

Utter, utter bullshit. Look at all the times in the past, when he was still trying to get Gen 1 off the ground and was probably even BUSIER, when he still found the chance to update his shareholders.

Why has this type of information flow ceased?