Topic: ASICMINER Speculation Thread - page 16. (Read 808847 times)

100% true.


Interesting. Worth reading in it's entirety.

+1

I'm one small step from just insta-putting into ignore anyone claiming that another user's post is just made in the hope of altering the price.

So what are you saying is that AM has only 200Th/s for the self mining?

...must keep reminding myself

Of course, but why not take preorders for an S4?

Or hardware manufactures just like money.  I doubt AM is forcing anybody anywhere right now.  Also, you can hire more than one engineering team, once you have the supply lines in place, it gets easier to  diversify your product offerings.

Anyone else find it interesting that Bitmain is taking preorders for a Litecoin miner to be released in December? I haven't heard any good Litecoin news recently, so it's possible AM is forcing other manufacturers to start developing alternative hardware. I could be reading too far into the announcement, but it seems they would be concentrating their efforts on an S4 or U3 if it were profitable.

Didnt meant to poke. Just implied it was basically the same long term investment strategy with AM. Hence no need to be over dramatic about the current situation.   

+1 Very well said. Thank you

First of all, I would appreciate if you guys stopped replying to trolls, the ignore system in this forum sucks. Whats the point of ignoring them if they get quoted everytime.
Secondly, butthurts are also becoming trollish.

There is no point in debating about positions or opinions.
If there isn't a constructive criticism or an objective analysis, please learn to refrain yourselves and stop feeding a troll.
It isn't a secret that Friedcat missed several deadlines, and although I am against bothering him with a barrage of questions whenever we are curious about anything, I expect a responsible man to at least come out and make a statement when a deadline or a milestone isn't achieved. This worries me.

On the other hand to be fair we have to weight in the following:
1) He seems to be highly ethical. He NEVER lied to his customers on the specs, he was cautious on mentioning the performance after he got it tested, and overdelivered on the official specs of the final product, offering redundancy (extra hashing) as an insurance. Besides that, projects like open sourcing the miners is unique so far in the industry.
2) He had the first liquid cooling mining centre last year, which shows he has some proactive initiative.
3) He achieved key partnerships with datacentres and mining farms.
4) Started mining again, from july (300ish~ position in BTCGuild on July grew steadily to 4th position NOW)

So it is far from being dead, and there is still some fight left.
The weak points I see is that he seems to be bearing with too many responsabilities and there is the risk of being burnt out, and I suspect he is having no life right now, with little sleep. He seems to be responsible of designing the chips, dealing with the fabs, dealing with the farms, offering customer support, handling the sales, offering PR, I mean, come on, Friedcat isn't superman.
I don't know how he is handling internally the production, assembly and logistics, but from his marketing campaign I can infer that he doesn't have trained employees. Even though I see that he has a strategic mind and that his heart is in the right place, from this I infer that he doesn't really have training in business. He seriously should consider either some entrepreneurship bootcamp, executive coaching, joining an accelerator, having an advisory board or even taking an ugly MBA.

Anyways, even with his shortcomings, this company is ethically sound. (Those complaining about missing targets, you'll have to elucidate who was the audience that Friedcat was addressing with that preliminary information. It was information intended to inform shareholders, not to lure customers. The final spec for customers was announced AFTER the final testing was completed, and the customer was fed with the exact specs they would be receiving. Again, from the customers perspective it is still a company that is underpromising and overdelivering. So far, it is the only company that has been doing that, and they were able to do that because …they don't presale.)

I guess you want to buy back in....

I do not take anything personally from any of my fellow shareholders, it has been a long and challenging wait for most of us. This is the speculation thread so this is where the discussion of share price will take place and should. Playing the rumors and news cycles on the orderbook is a big risk at this point. If dividends come you are 100% shut out, and it has been a long wait to come to this point so I feel the amount of investors working this angle is exaggerated.

One thing is pure trolling. Recognizing reality is something completely different.

I am amazed by the fact that there are always some shareholders who are openly hostile to the second group and are bashing every one trying to discuss problems/week aspects by accusing them for all evil intentions like 'talking down' shares. Such approach limits useability of this forum.

However, I admit that in current 'machiavellic' reality that surrounds most of us it's quite difficult to keep objectivity. Good luck guys.

Ohai!

No my alcheminer hodling long time investment did not return any divs yet. So what is your point? I am not trying a poke-pokeback game I am just helping him with the FACTS.

And how is your investment in alcheminer?! Any divs?

I already did for hodling, but this weekend is NOT div time

If he had any good news, we would know them, as they would increase they value of his company. It's really suspicious that we don't have any news. I also hope that we get big dividends again, but I don't find it very likely to happen.

Let me help you with that, ZERO

Can't decide if friedcat's silence on the matter means enormous div or zero...