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Topic: ASICMINER Speculation Thread - page 155. (Read 808757 times)

hero member
Activity: 728
Merit: 500
August 10, 2013, 02:02:51 PM
When they're more than 5% cheaper than the full shares, more shares/divs...  
Exactly.
It looks like people can't into math. Or they're in for the other benefits of full shares, of course.

From Havelock, yields:
AM1      32.76%
AM100      33.53%

In the near future AM1 shares should be convertible to direct shares. Maybe that explains the slight difference. AM100 shares should be multiplied by 100 x (100/95) for comparison as the 5% fee is priced in. That currently gives 3.789 vs 3.9 for AM1.


There will be additional buying pressure for AM100, since it's easier to get into as you don't need almost 4 BTC to get a single share. This makes AM100 much more attractive for smaller investors, which translates into increased demand.
hero member
Activity: 784
Merit: 501
August 10, 2013, 12:58:17 PM
When they're more than 5% cheaper than the full shares, more shares/divs...  
Exactly.
It looks like people can't into math. Or they're in for the other benefits of full shares, of course.

From Havelock, yields:
AM1      32.76%
AM100      33.53%

In the near future AM1 shares should be convertible to direct shares. Maybe that explains the slight difference. AM100 shares should be multiplied by 100 x (100/95) for comparison as the 5% fee is priced in. That currently gives 3.789 vs 3.9 for AM1.
full member
Activity: 151
Merit: 105
August 10, 2013, 11:52:08 AM
Does anyone care about the fractional shares offered on Havelock? (ASICM100)

What are the advantages of having one over the other?

Pro: you can buy them when you don't have enough for a full share (and are a good target for reinvesting divs)
Contra: you only get 95% of divs, TAT takes 5% for "management fees".


When they're more than 5% cheaper than the full shares, more shares/divs... 
hero member
Activity: 784
Merit: 501
August 10, 2013, 11:50:58 AM
Does anyone care about the fractional shares offered on Havelock? (ASICM100)

What are the advantages of having one over the other?

Pro: you can buy AM100 shares when you don't have enough for a full share (and they are a good target for reinvesting divs)
Contra: you only get 95% of divs, TAT takes 5% for "management fees". AM1 shares pay out 100%
full member
Activity: 151
Merit: 105
August 10, 2013, 11:49:37 AM
Yah, although traditionally it has dropped the half a day before the dividend because the sell off earns more.

I don't see that.  I typically see a rise right before dividend...

I've been seeing Tuesdays as down days, too.  Any source of historical data available? 

http://www.coinflow.co/chart/ASICMINER-PT has a historical graph.

The BTCT API also willingly spits out the entire trade history if you want to run your own analysis.

Right... would be nice if I didn't have to login to look at the API.   Roll Eyes

https://btct.co/api/ticker/ASICMINER-PT

I'll do a dump sometime this week...
hero member
Activity: 728
Merit: 500
August 10, 2013, 11:08:34 AM
Yah, although traditionally it has dropped the half a day before the dividend because the sell off earns more.

I don't see that.  I typically see a rise right before dividend...

I've been seeing Tuesdays as down days, too.  Any source of historical data available? 

http://www.coinflow.co/chart/ASICMINER-PT has a historical graph.

The BTCT API also willingly spits out the entire trade history if you want to run your own analysis.
full member
Activity: 151
Merit: 105
August 10, 2013, 10:58:10 AM
Yah, although traditionally it has dropped the half a day before the dividend because the sell off earns more.

I don't see that.  I typically see a rise right before dividend...

I've been seeing Tuesdays as down days, too.  Any source of historical data available? 
hero member
Activity: 532
Merit: 500
https://karatcoin.co
August 10, 2013, 10:42:46 AM
To the moon folks, to the moon.

Those who were/are shares for under 4BTC last week are insane.

It's still under 4. I'm thinking it probably won't hit/pass 4 until Monday or Tuesday.
sr. member
Activity: 476
Merit: 250
August 10, 2013, 10:26:10 AM
To the moon folks, to the moon.

Those who were/are shares for under 4BTC last week are insane.
yes, I agree.  We may see .04+ dividend in the coming weeks, and I expect share price to top 5 in August.
donator
Activity: 294
Merit: 250
August 10, 2013, 07:54:12 AM
To the moon folks, to the moon.

Those who were/are shares for under 4BTC last week are insane.
full member
Activity: 151
Merit: 105
August 10, 2013, 02:19:38 AM
I'll throw in a crazy speculation... hey, wouldn't it be crazy if ASICMiner ran a steady business for the next 10 years? Everyone here casually assumes, understandably, that the risk is high and everything that exists today could be gone in a year or two, but what if it didn't? Can you imagine collecting 10 years of dividends from ASICMiner if they held onto 10% of the hashrate? What if bitcoins are worth a $10,000 USD each? That would be crazy. Not impossible though... consider that although many competitors are emerging, electricity and labor is still (almost) the cheapest in China. After everyone gets to the 15nm process (or whatever), the price of electricity/labor/taxes will pretty much determine who the major players are.

There, that's some pie-in-the-sky speculation for you.


hehehe  Smiley   This is pretty much how I look at it too.

In a lot of ways Friedcat himself seems to take a long view, too... good customer service, over-delivering, hefty dividends, never over-promising.  I suspect we'd get bought out before 10 years is up, though...
newbie
Activity: 43
Merit: 0
August 09, 2013, 09:22:43 PM
I'll throw in a crazy speculation... hey, wouldn't it be crazy if ASICMiner ran a steady business for the next 10 years? Everyone here casually assumes, understandably, that the risk is high and everything that exists today could be gone in a year or two, but what if it didn't? Can you imagine collecting 10 years of dividends from ASICMiner if they held onto 10% of the hashrate? What if bitcoins are worth a $10,000 USD each? That would be crazy. Not impossible though... consider that although many competitors are emerging, electricity and labor is still (almost) the cheapest in China. After everyone gets to the 15nm process (or whatever), the price of electricity/labor/taxes will pretty much determine who the major players are.

There, that's some pie-in-the-sky speculation for you.


hehehe  Smiley   This is pretty much how I look at it too.
full member
Activity: 165
Merit: 100
August 09, 2013, 09:22:17 PM
Does anyone care about the fractional shares offered on Havelock? (ASICM100)

What are the advantages of having one over the other?

Versus AM1? It's if you can't afford full shares.
newbie
Activity: 43
Merit: 0
August 09, 2013, 09:19:05 PM
Does anyone care about the fractional shares offered on Havelock? (ASICM100)

What are the advantages of having one over the other?
hero member
Activity: 728
Merit: 500
cryptoshark
August 09, 2013, 01:22:29 PM
dont worry, real price of AM shares is in Economy Marketplace Auctions

way above 4 now
full member
Activity: 151
Merit: 105
August 09, 2013, 01:19:33 PM
Yeah, I think it just should have stalled at 4.00 for a while, but this looks like a planned range dump.  He'll try and raise the range over the next few days.  Between this and the Coinbase outage... wish I had a few more coins!

If the dude knew what he was doing, he'd just put a big 100+ sell at 4.10 and wait the world to come to him... the whole scene is amateur hour...

but right after there was a matching move down:

2013-08-09 16:23:42   Market Sell   10   ฿ 3.8   ฿ 38
2013-08-09 16:23:41   Market Sell   10   ฿ 3.8   ฿ 38
2013-08-09 16:23:40   Market Sell   10   ฿ 3.802   ฿ 38.02
2013-08-09 16:23:40   Market Sell   3   ฿ 3.801   ฿ 11.403
2013-08-09 16:23:39   Market Sell   2   ฿ 3.853   ฿ 7.706
2013-08-09 16:23:39   Market Sell   3   ฿ 3.85   ฿ 11.55
2013-08-09 16:23:38   Market Sell   1   ฿ 3.854   ฿ 3.854

what does range dump mean? making the spread wider?

I'm just talking out of my ass as a penny stock loser, but it looks like this guy knows how to get orders filled but doesn't know how to take advantage of momentum.   He's gone and fuckin' destroyed all the hype from the announcement.  He throws out a sell and it doesn't get filled and then another and another... it's idiotic.  
donator
Activity: 290
Merit: 250
August 09, 2013, 12:51:01 PM
Yeah, I think it just should have stalled at 4.00 for a while, but this looks like a planned range dump.  He'll try and raise the range over the next few days.  Between this and the Coinbase outage... wish I had a few more coins!

If the dude knew what he was doing, he'd just put a big 100+ sell at 4.10 and wait the world to come to him... the whole scene is amateur hour...

but right after there was a matching move down:

2013-08-09 16:23:42   Market Sell   10   ฿ 3.8   ฿ 38
2013-08-09 16:23:41   Market Sell   10   ฿ 3.8   ฿ 38
2013-08-09 16:23:40   Market Sell   10   ฿ 3.802   ฿ 38.02
2013-08-09 16:23:40   Market Sell   3   ฿ 3.801   ฿ 11.403
2013-08-09 16:23:39   Market Sell   2   ฿ 3.853   ฿ 7.706
2013-08-09 16:23:39   Market Sell   3   ฿ 3.85   ฿ 11.55
2013-08-09 16:23:38   Market Sell   1   ฿ 3.854   ฿ 3.854

what does range dump mean? making the spread wider?
full member
Activity: 151
Merit: 105
August 09, 2013, 12:00:38 PM
Th'ar she blows!!!

And the whale is back!

are you talking about
13-08-09 15:48:34   Market Buy   2   ฿ 3.973   ฿ 7.946
2013-08-09 15:48:34   Market Buy   1   ฿ 3.974   ฿ 3.974
2013-08-09 15:48:34   Market Buy   15   ฿ 3.975   ฿ 59.625
2013-08-09 15:48:33   Market Buy   1   ฿ 3.939   ฿ 3.939
2013-08-09 15:48:33   Market Buy   3   ฿ 3.944   ฿ 11.832
2013-08-09 15:48:33   Market Buy   1   ฿ 3.97   ฿ 3.97
2013-08-09 15:48:32   Market Buy   10   ฿ 3.9   ฿ 39
2013-08-09 15:48:32   Market Buy   1   ฿ 3.9   ฿ 3.9
2013-08-09 15:48:32   Market Buy   1   ฿ 3.91   ฿ 3.91
2013-08-09 15:48:31   Market Buy   2   ฿ 3.899   ฿ 7.798
?


Yeah, I think it just should have stalled at 4.00 for a while, but this looks like a planned range dump.  He'll try and raise the range over the next few days.  Between this and the Coinbase outage... wish I had a few more coins!

If the dude knew what he was doing, he'd just put a big 100+ sell at 4.10 and wait the world to come to him... the whole scene is amateur hour...
hero member
Activity: 602
Merit: 500
August 09, 2013, 11:53:35 AM
baby whale who has $16k worth of coins
donator
Activity: 290
Merit: 250
August 09, 2013, 11:50:48 AM
Th'ar she blows!!!

And the whale is back!

are you talking about
13-08-09 15:48:34   Market Buy   2   ฿ 3.973   ฿ 7.946
2013-08-09 15:48:34   Market Buy   1   ฿ 3.974   ฿ 3.974
2013-08-09 15:48:34   Market Buy   15   ฿ 3.975   ฿ 59.625
2013-08-09 15:48:33   Market Buy   1   ฿ 3.939   ฿ 3.939
2013-08-09 15:48:33   Market Buy   3   ฿ 3.944   ฿ 11.832
2013-08-09 15:48:33   Market Buy   1   ฿ 3.97   ฿ 3.97
2013-08-09 15:48:32   Market Buy   10   ฿ 3.9   ฿ 39
2013-08-09 15:48:32   Market Buy   1   ฿ 3.9   ฿ 3.9
2013-08-09 15:48:32   Market Buy   1   ฿ 3.91   ฿ 3.91
2013-08-09 15:48:31   Market Buy   2   ฿ 3.899   ฿ 7.798
?
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