someone brought 78 shares, nice.
where did they bring them?
Topic: ASICMINER Speculation Thread - page 137. (Read 808757 times)
where did they bring them?
Dividend for the next week seem to be a little higher than the last (estimation on asicminercharts.com/live), but still a drop in price under 3 BTC. 30% Dividend Return per year... I smell manipulation and therefore panic selling.
someone brought 78 shares, nice.
i suggested to friedcat, with no response from him that a good way to grow AM is to invest in other business as well.
not just "franchising" but actual "equity stakes" in competitors .
taking 10-25% stake in competitors (anything from knc to cointerra) and having them be an actual competitor is great!
they won't be controlling the network. other people will be innovating on their own. and they will get 10-25% return on their own competition! so they can secure more coins without ever remotely "compromising" the bitcoin network. competitors do worse then AM does better - if competitors to better AM still has an upside from this. there are many opportunities for AM regardless. as long as they make few mistakes and with good management AM can be a force to recon with and be a "billion" dollar company on their own
not just "franchising" but actual "equity stakes" in competitors .
taking 10-25% stake in competitors (anything from knc to cointerra) and having them be an actual competitor is great!
they won't be controlling the network. other people will be innovating on their own. and they will get 10-25% return on their own competition! so they can secure more coins without ever remotely "compromising" the bitcoin network. competitors do worse then AM does better - if competitors to better AM still has an upside from this. there are many opportunities for AM regardless. as long as they make few mistakes and with good management AM can be a force to recon with and be a "billion" dollar company on their own
I think this would make sense in more regulated markets, but in an unregulated market full of scammers and liars, IMHO this is a TERRIBLE idea. If investors wan't to hedge their AM by owning shares of other companies they are perfectly free to do so. No reason to have friedcat force all shareholders to diversify.
i suggested to friedcat, with no response from him that a good way to grow AM is to invest in other business as well.
not just "franchising" but actual "equity stakes" in competitors .
taking 10-25% stake in competitors (anything from knc to cointerra) and having them be an actual competitor is great!
they won't be controlling the network. other people will be innovating on their own. and they will get 10-25% return on their own competition! so they can secure more coins without ever remotely "compromising" the bitcoin network. competitors do worse then AM does better - if competitors to better AM still has an upside from this. there are many opportunities for AM regardless. as long as they make few mistakes and with good management AM can be a force to recon with and be a "billion" dollar company on their own
not just "franchising" but actual "equity stakes" in competitors .
taking 10-25% stake in competitors (anything from knc to cointerra) and having them be an actual competitor is great!
they won't be controlling the network. other people will be innovating on their own. and they will get 10-25% return on their own competition! so they can secure more coins without ever remotely "compromising" the bitcoin network. competitors do worse then AM does better - if competitors to better AM still has an upside from this. there are many opportunities for AM regardless. as long as they make few mistakes and with good management AM can be a force to recon with and be a "billion" dollar company on their own
I am not seeing any support or btct until 2.85BTC which we will probably get to and hang out around until next Wednesday.
New prediction: we will see 2.5BTC before we see 3.7BTC
I am actually short-term bearish but mid-term bullish. I think FC will deliver before the competition and this will see mid-4s by year end. But we are in for a couple disappointing dividend payments as short sighted investors fret about the cashflow going towards R&D and the dividend suffering. Also, more Avalon chips and BFLs will come online before ASICMiner puts their new hashing tech online and our hashrate will likey slowly decline over the next month - this will further scare out the speculators.
I was proven right yet again, now under 2.5 (last I checked at 2.35BTC).New prediction: we will see 2.5BTC before we see 3.7BTC
I am actually short-term bearish but mid-term bullish. I think FC will deliver before the competition and this will see mid-4s by year end. But we are in for a couple disappointing dividend payments as short sighted investors fret about the cashflow going towards R&D and the dividend suffering. Also, more Avalon chips and BFLs will come online before ASICMiner puts their new hashing tech online and our hashrate will likey slowly decline over the next month - this will further scare out the speculators.
Good call. I'm just gonna ride the waves out, it'll wash out in the end.
It's fun watching it go down in a panic over two reduced dividends, which were later explained to be the minority of our income for the last two weeks. In Bitcoin-world, if the money's not in a speculator's hands immediately after it is earned in the form of dividends, they seem to think that it's gone... there is no concept of reinvestment here.
I haven't seen a successful, publicly listed Bitcoin company without dividends yet. It speaks to our shortsightedness.
There is actually good reason for this: with no oversight, no regulation, anonymity of management, no transparency and absolutely no recourse in event of fraud - as a result, there is no trust. The only guarantee you have in bitcoinland in when your ROI is provided to you via coins transferred to your wallet. This selling represents a lack of trust and faith in management, whether you feel it is valid or not. I haven't seen a successful, publicly listed Bitcoin company without dividends yet. It speaks to our shortsightedness.
It's fun watching it go down in a panic over two reduced dividends, which were later explained to be the minority of our income for the last two weeks. In Bitcoin-world, if the money's not in a speculator's hands immediately after it is earned in the form of dividends, they seem to think that it's gone... there is no concept of reinvestment here.
I haven't seen a successful, publicly listed Bitcoin company without dividends yet. It speaks to our shortsightedness.
I haven't seen a successful, publicly listed Bitcoin company without dividends yet. It speaks to our shortsightedness.
I am not seeing any support or btct until 2.85BTC which we will probably get to and hang out around until next Wednesday.
New prediction: we will see 2.5BTC before we see 3.7BTC
I am actually short-term bearish but mid-term bullish. I think FC will deliver before the competition and this will see mid-4s by year end. But we are in for a couple disappointing dividend payments as short sighted investors fret about the cashflow going towards R&D and the dividend suffering. Also, more Avalon chips and BFLs will come online before ASICMiner puts their new hashing tech online and our hashrate will likey slowly decline over the next month - this will further scare out the speculators.
I was proven right yet again, now under 2.5 (last I checked at 2.35BTC). New prediction: we will see 2.5BTC before we see 3.7BTC
I am actually short-term bearish but mid-term bullish. I think FC will deliver before the competition and this will see mid-4s by year end. But we are in for a couple disappointing dividend payments as short sighted investors fret about the cashflow going towards R&D and the dividend suffering. Also, more Avalon chips and BFLs will come online before ASICMiner puts their new hashing tech online and our hashrate will likey slowly decline over the next month - this will further scare out the speculators.
I'd expect to hit 2 BTC/share and maybe even dip under that.
But in the mid term more than 3.5 BTC seems like a fantasy at this stage.
Would rather have seen the dividends kept at around 0.019-0.022 instead of higher.
With the rest saved for a rainy day.
But in the mid term more than 3.5 BTC seems like a fantasy at this stage.
Would rather have seen the dividends kept at around 0.019-0.022 instead of higher.
With the rest saved for a rainy day.
The point behind his post was that in horse races there is a winner (and runner-up prizes too), even though people will bet on horses that don't win.
My point is that this isn't a horse race- in fact it is nothing like one. It is quite likely nobody will be a winner a few months from now, so the analogy is useless. This has the potential to be a negative-sum game (I'll talk about the concept of "overshoot" in the context of revolutionary change in a later post).
Apologies for butting in again. I had promised to stop.
My point is that this isn't a horse race- in fact it is nothing like one. It is quite likely nobody will be a winner a few months from now, so the analogy is useless. This has the potential to be a negative-sum game (I'll talk about the concept of "overshoot" in the context of revolutionary change in a later post).
Apologies for butting in again. I had promised to stop.
O, that was the point? I thought you said the post / metaphor was inscrutable?
I respect your view, but personally I believe we are not even close to that point and mining will still be profitable for companies producing at manufacturing cost. Also I think if bitcoin continues to grow and thrive, it will continue to appreciate which will help keep mining profitable. We'll see what happens!
How would transaction fees factor into this horse race? Can't even a small processor make money on fees eventually.
depends on how much the fees become per block - more transactions - higher transactions - more people paying fees - bicoin works
How would transaction fees factor into this horse race? Can't even a small processor make money on fees eventually.
Every horse in every race gets picked in the window by someone. There are plenty of rewards for win, place, and show, and even better for trifectas.
The point is, betting labcoin against AM as if it were a binary choice appears illogical. There will be room for win, place, and show. Just don't bet on a horse that stumbles at the gate.
The point is, betting labcoin against AM as if it were a binary choice appears illogical. There will be room for win, place, and show. Just don't bet on a horse that stumbles at the gate.
... horses what? Your posts are completely inscrutable.
There are ~25 BTC per block. If 10 companies spend the equivalent of 5 BTC to get a crack at that, nobody wins.
Inscrutable? I think its a fairly simple metaphor. Horses = the companies producing ASICminers. I tried to read the past 10 pages of the main AM thread, but it was a complete waste because of all of your garbage posts. Now I can see why half of your posts are garbage since you refuse to think for a second to understand a simple metaphor.
Producing ASICs at cost and running them went from INSANELY profitable (see dividend payouts of AM) to really profitable. Purchasing miners at retail prices is a different story.
If those 10 companies have different costs, strategies, and difficulties then there will still be some winners and some losers. I appreciate your skepticism and the sentiment behind your posts, but your tone and extreme views just make your posts worthless FUD.
The point behind his post was that in horse races there is a winner (and runner-up prizes too), even though people will bet on horses that don't win.
My point is that this isn't a horse race- in fact it is nothing like one. It is quite likely nobody will be a winner a few months from now, so the analogy is useless. This has the potential to be a negative-sum game (I'll talk about the concept of "overshoot" in the context of revolutionary change in a later post).
Apologies for butting in again. I had promised to stop.
Every horse in every race gets picked in the window by someone. There are plenty of rewards for win, place, and show, and even better for trifectas.
The point is, betting labcoin against AM as if it were a binary choice appears illogical. There will be room for win, place, and show. Just don't bet on a horse that stumbles at the gate.
The point is, betting labcoin against AM as if it were a binary choice appears illogical. There will be room for win, place, and show. Just don't bet on a horse that stumbles at the gate.
... horses what? Your posts are completely inscrutable.
There are ~25 BTC per block. If 10 companies spend the equivalent of 5 BTC to get a crack at that, nobody wins.
Inscrutable? I think its a fairly simple metaphor. Horses = the companies producing ASICminers. I tried to read the past 10 pages of the main AM thread, but it was a complete waste because of all of your garbage posts. Now I can see why half of your posts are garbage since you refuse to think for a second to understand a simple metaphor.
Producing ASICs at cost and running them went from INSANELY profitable (see dividend payouts of AM) to really profitable. Purchasing miners at retail prices is a different story.
If those 10 companies have different costs, strategies, and difficulties then there will still be some winners and some losers. I appreciate your skepticism and the sentiment behind your posts, but your tone and extreme views just make your posts worthless FUD.
did AM just hit an all-time high for hash rate?
There are ~25 BTC per block. If 10 companies spend the equivalent of 5 BTC to get a crack at that, nobody wins.
It is definitely not that simple. The economics and strategic considerations get pretty complicated. Not to mention there are many unknowns.
There will certainly be losers, but there will also be winners.
not to mention multiple revenue streams that can change these equations for specific time frames.
There are ~25 BTC per block. If 10 companies spend the equivalent of 5 BTC to get a crack at that, nobody wins.
It is definitely not that simple. The economics and strategic considerations get pretty complicated. Not to mention there are many unknowns.
There will certainly be losers, but there will also be winners.
Every horse in every race gets picked in the window by someone. There are plenty of rewards for win, place, and show, and even better for trifectas.
The point is, betting labcoin against AM as if it were a binary choice appears illogical. There will be room for win, place, and show. Just don't bet on a horse that stumbles at the gate.
The point is, betting labcoin against AM as if it were a binary choice appears illogical. There will be room for win, place, and show. Just don't bet on a horse that stumbles at the gate.
It's a zero sum game.
Every horse in every race gets picked in the window by someone. There are plenty of rewards for win, place, and show, and even better for trifectas.
The point is, betting labcoin against AM as if it were a binary choice appears illogical. There will be room for win, place, and show. Just don't bet on a horse that stumbles at the gate.
The point is, betting labcoin against AM as if it were a binary choice appears illogical. There will be room for win, place, and show. Just don't bet on a horse that stumbles at the gate.
... horses what? Your posts are completely inscrutable.
There are ~25 BTC per block. If 10 companies spend the equivalent of 5 BTC to get a crack at that, nobody wins.
Jump to: