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Topic: ASICMINER Speculation Thread - page 158. (Read 808757 times)

hero member
Activity: 588
Merit: 500
August 08, 2013, 10:15:36 PM
If it drops to 2.5 I will also be all in....there is too much value there from the div's alone.

I just bought more at 3.4x, and I will keep buying all the way down.  

Nom Nom Nom
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
August 08, 2013, 10:09:15 PM
Mumbles if it drops to the support at 2.5 then I'm all in
hero member
Activity: 532
Merit: 500
https://karatcoin.co
August 08, 2013, 09:42:56 PM
Looks like my prediction we will see 3.0 before 5.0 going to come true.  This will dip below 3 in an intra-day selling frenzy - keeping my coins on the sidelines waiting for that moment.

Just dipping in (pun intended!) to say that I highly doubt sub 3.0, but I'm wrong from time to time. People lose site of the reality of the market often, which is what would have to happen for AM to dip that low. Low 3's, maybe. The smart money is buying in now or waiting until Sat. to see what the weekend lull brings.

The greedy bastards are waiting for 3 and sub 3, which they may get... Those bastards! Smiley
hero member
Activity: 487
Merit: 500
Are You Shpongled?
August 08, 2013, 09:42:14 PM
Looks like my prediction we will see 3.0 before 5.0 going to come true.  This will dip below 3 in an intra-day selling frenzy - keeping my coins on the sidelines waiting for that moment.
Agreed. I see 3btc as the lowest it will go, but of course the market likes to prove me wrong.
legendary
Activity: 1611
Merit: 1001
August 08, 2013, 09:20:29 PM
any predictions on the bottom?
full member
Activity: 210
Merit: 100
August 08, 2013, 09:10:21 PM
Looks like my prediction we will see 3.0 before 5.0 going to come true.  This will dip below 3 in an intra-day selling frenzy - keeping my coins on the sidelines waiting for that moment.
legendary
Activity: 1148
Merit: 1001
August 08, 2013, 08:41:54 PM
Has anyone though that friedcat could be waiting for hundred of TH/s purchased to BFL or thousands of Avalon chips? I think it would be an interesting strategy.
sr. member
Activity: 476
Merit: 250
August 08, 2013, 02:56:22 PM
Ugh, stock is imploding. 
Wonder how much of it might have to do with - https://bitcointalksearch.org/topic/incoming-avalon-news-892013-269950

Looks like Avalon is shipping:

newbie
Activity: 58
Merit: 0
August 08, 2013, 01:42:41 PM
Ugh, stock is imploding. 
Wonder how much of it might have to do with - https://bitcointalksearch.org/topic/incoming-avalon-news-892013-269950
sr. member
Activity: 476
Merit: 250
August 08, 2013, 01:20:20 PM
there are a few things at play right now with AM:

1. Lack of news/details about upcoming blades - we've been waiting a while for this, and the lack of news has caused anxiety in the market
2. IPO Mania - everyone wants to get rick quick, yet the prices of all these new securities are dropping.  I guess promises don't have a lot of value.
3. Whales liquidating - like it's been already said, lots of AM direct shares have flooded the market, there's little demand right now, lots of btc have been lost to the IPOs, so share price drops.

How does the downtrend change?

1. News from FC.  I've seen rumors around Aug 10, Aug 20 as news dates.  He typically makes announcements when there's a lot of good stuff to announce. 
2. IPO mania continues to decline.  As people lose money on these IPOs, and with each one they look less legit, people will start to ignore them, just as they do any new altcoin.

#2 takes care of itself, eventually. So does #1.

So, right now, the best strategy is to pick up cheap shares when and where possible, and wait for news.
sr. member
Activity: 476
Merit: 250
August 08, 2013, 01:05:31 PM
AM is like Apple. As being leader, and dropping price due to competitors, and speculation over new coming things.
price is dropping to competitors on the securities market, not due to competitors in the ASIC market.

the drop is likely due to IPO mania and no news from FC.  If either of those things change, (IPOs are approaching their IPO price) then AM will go back up.
full member
Activity: 294
Merit: 100
August 08, 2013, 12:30:42 PM
Reminder:

https://docs.google.com/forms/d/15Ws1XzJeynK_vsKiQ9NaufQfLZOSKsRfsSgqMLTdIRs/edit

You can still vote on the questions to Friedcat. They will be compiled and submitted in a few days.
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
August 08, 2013, 12:28:01 PM
AM is like Apple. As being leader, and dropping price due to competitors, and speculation over new coming things.
member
Activity: 69
Merit: 10
August 08, 2013, 12:12:25 PM
I really hope these prices stay low until tomorrow.....payday Smiley
sr. member
Activity: 476
Merit: 250
August 08, 2013, 11:23:49 AM
Just brought more! Wheres the support? Huh
well, supposedly, a large number of shares (2,000) were moved to BTCT.co in the last week.  So, if that's true, there might be a whale or 2 trying to move several hundred shares and dropping the price.  It looks like any support that pops up is getting filled quickly.
legendary
Activity: 1064
Merit: 1000
Bitcoin is too valuable to be used as a currency
August 08, 2013, 11:17:50 AM
Just brought more! Wheres the support? Huh
sr. member
Activity: 476
Merit: 250
August 08, 2013, 10:18:20 AM
time to buy, fellas!  these are great prices!
sr. member
Activity: 245
Merit: 250
August 08, 2013, 10:09:20 AM
Yeah, only down $100/share from about 2 weeks ago..
full member
Activity: 160
Merit: 100
August 08, 2013, 09:54:52 AM
Mr Market having a bad hair day today. Looks cheap to me. I just bought some.
full member
Activity: 151
Merit: 105
August 08, 2013, 03:39:41 AM
I think the main reason why the share is tanking is because there are 13 500 share stuck into BitFunder.
For the last 10+ days I've been told there is still a huge mess with Friedcat accounting (him crediting the wrong people with shares) and that's why DeadTerra has halted all shares transfer in/out while this is solved.

To be honest, I am not surprised, initially I had clearly asked my share to be moved to Deadterra on BitFunder but they ended up to Burnside at BTCT.co.

This is the reason colored coin or openTransaction should have been used for managing shares transfers !!!


If thats true then its truly fucked up...

It's not just the BitFunder share transfers that got messed up, my direct shares transfer from BTCT was finally corrected last night.  Last week 80% of my shares disappeared... and their dividends.  I've since received my missing dividends and the divs for my correct # of shares.  So, progress is being made.  
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