Topic: ASICMINER Speculation Thread - page 139. (Read 808847 times)

Don't think like that!  Congrats on locking in some profit at 240x ROI!

I'm the one who's out 25% of what I sold today and I still feel bad for Vycid. ahahahahahahaha

I'm the one who's out 25% of what I sold today and I still feel bad for Vycid. ahahahahahahaha

I posted 2 week ago we would see 3 before 5 and we did.  Now my guess, we stay between 2.6 - 3.4 until next Wednesday.  Too many speculator under-water who will keep this stock down by selling on any move up without real news.
Good news is that ASICMiner no longer priced for perfection.  Next dividend or some news on impressive new hardware before next wednesday only things to move this stock significantly either way. I cannot guess where it will go at this point.  However, if no news by next wednesday and a another dividend under .02 and we will see 2.5BTC.  A strong dividend close to .03 will push us to 3.6 - 3.8.

Update

We have collected several shareholders' questions for answering.

Could we have an official live hashrate meter from ASICMINER?
We have an internal one, mainly for troubleshooting when some of the racks going down. The hashrate meter based on the blocks mined reflects more of the real speed (plus luck of course). We will buy more bandwidth before making it accessible by the whole internet. It also requires more commitment in maintenance.

For more transparency, is it possible to share a wallet address for depositing income from ASICMINER hardware sales?
We use a different deposit address for each payment transaction. But a centralized nexus address is good. Then people could see how the funds are separated as dividends and expenses.

Besides mining, hardware sales, and franchising, are there any other potential sources of revenue?
There are many possible ones considered, but none can support serious sound business model based on a 1-2billion dollar total market value of Bitcoin: selling patents, offering solution for mining farm construction, assembly service, etc.

Why has the hashrate dropped the past weeks?
It dropped in different few days. Some of them are internal hardware/network glitches, some of them are luck based. We haven't identified any form of DDOS attacks recently though.

There hasn't been a huge hardware dividend payoff: is it because of reduced margins, or delays?
Because we are collecting funds to get ready for the exponentially increased devices to be assembled in September and October.

How are things going regarding your business plan? Did you account for the sudden network hashrate increase? How is the international expansion of ASICminer coming along?
The business plan is unchanged. The network hashrate increase was still under our projection. The total hash target originally set for the end of this year would probably achieved earlier.
The ASICMiner expansion via franchising is still much within China border. The internationally deployed portion will dominate when the gain of operation cost outweigh the delay and cost of international shipping/assembling abroad.

It is 9% at the moment - where you getting your #s from?
http://blockchain.info/pools

It is 9% at the moment - where you getting your #s from?
http://blockchain.info/pools

almost hit 12%, folks!

It's called competition, weak profit performance, and lack of transparency.

See, You are already on the hype.
while Vycid (or his team pumping expert) didn't even started his work.

What if second step of this is now to commence full pump?

See, You are already on the hype.
while Vycid (or his team pumping expert) didn't even started his work.

240x ROI, also anticipating a bitcoin bubble soon so I'd like to seal in some of my profits when the hype starts up again. (this is quite a sad, predictable cycle)

I'm not done selling. friedcat has goodies coming as I discovered today when someone in particular decided to buy a shitload of shares from me.

That would be awesome ha-ha we can get back to where we were yesterday and more
The moon is ours again