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Topic: ASICMINER Speculation Thread - page 163. (Read 808757 times)

sr. member
Activity: 476
Merit: 250
August 04, 2013, 02:11:33 PM
Now the IPO mania is over (and the new competitors still have months to deploy their ASICs), so we could expect slow grow of ASICMINER price back to BTC4.5, I think.
+1
sr. member
Activity: 476
Merit: 250
August 04, 2013, 12:47:10 PM
They are really overvalued for the risk/reward.

I'm not even sure one of them will have meaningful dividends compared to the IPO price.

EXACTLY
sr. member
Activity: 476
Merit: 250
August 04, 2013, 10:49:41 AM
That's hardly evidence to argue they're a poor investment. By that logic AM would have been a dumb investment. (which is obviously not the case). Only one of them has to produce something fruitful and it will be a different story. AM is going to have some competition from one of the aforementioned 'ridiculous nonsense' challengers sooner or later.

well, if we go by past experience, very few of these turn into challengers, and if they do, it will be several months from now.  And even if they do happen to be the 1% that becomes a real player, they have to compete with AM, so their top end will never be like AM.  Everyone is valuing these securities like they will one day be AM, but they won't.

In any case, they got their pumps, and then the dumps happened.  And now, their value continues to drop.  They are not a wise investment right now, actually.  If you want to invest in them, wait for the bottom, don't buy close to the top (right now).

Owning AM shares will hold value better than buying any of these other securities right now.
member
Activity: 119
Merit: 10
August 04, 2013, 09:46:09 AM
Lol. "All of these IPOs are on downtrends." Yeah that's due to speculation on a bunch of businesses that have delivered:

a) nothing
or
b) very little

That's hardly evidence to argue they're a poor investment. By that logic AM would have been a dumb investment. (which is obviously not the case). Only one of them has to produce something fruitful and it will be a different story. AM is going to have some competition from one of the aforementioned 'ridiculous nonsense' challengers sooner or later.

Goodluck with your tunnel vision goals.
sr. member
Activity: 476
Merit: 250
August 04, 2013, 09:29:33 AM
Well if you consider AMC as part of Active, didn't they IPO at 0.0006 on bitfunder? That's a 10-fold increase, so I wouldn't call the performance going down...

Lab has been going down, but it is still 80% higher than IPO prices.

I don't consider them the same, and I look at post-IPO prices, where the market is able to value a security.  Every single one of these has a down trend.  Saying they are up from their IPO price makes you feel better, but they have all peaked, and are falling back down.
member
Activity: 114
Merit: 10
August 04, 2013, 02:13:54 AM
if you look at the performance of the other IPOs (Lab, Active, Basic), you see the future of Garden.  Down, down they go.

So, basically, you have a spike right after IPO, then it is down hill from there.

Yeah, I am not trading my AM shares for that ridiculous nonsense.  You will see these investors come back to AM once news is released about new revenue.

Well if you consider AMC as part of Active, didn't they IPO at 0.0006 on bitfunder? That's a 10-fold increase, so I wouldn't call the performance going down...

Lab has been going down, but it is still 80% higher than IPO prices.
hero member
Activity: 518
Merit: 500
August 03, 2013, 11:14:39 PM
whats up with the price drop now? Huh

People have limited bitcoins. If you want to invest in (yet) another start-up, you've gotta get the coins from somewhere. Now if only there was a way to make coins yourself  Grin

I believe that's called a "day job", where you earn fiat and then convert to BTC.

I've heard ther's a "day job" involving plugging funny bits of hardware into your computer and apparently these new-fangled bitcoins come out the other end somehow. No idea if it works or not. Sounds like a scam  Grin
member
Activity: 111
Merit: 10
August 03, 2013, 05:13:21 PM
shares are cheap as hell right now. last time i checked ASICminer is the only company that you an type into ebay and get a ton of results  Wink
hero member
Activity: 560
Merit: 500
August 03, 2013, 09:43:43 AM
whats up with the price drop now? Huh

People have limited bitcoins. If you want to invest in (yet) another start-up, you've gotta get the coins from somewhere. Now if only there was a way to make coins yourself  Grin

I believe that's called a "day job", where you earn fiat and then convert to BTC.
sr. member
Activity: 476
Merit: 250
August 03, 2013, 09:37:21 AM
if you look at the performance of the other IPOs (Lab, Active, Basic), you see the future of Garden.  Down, down they go.

So, basically, you have a spike right after IPO, then it is down hill from there.

Yeah, I am not trading my AM shares for that ridiculous nonsense.  You will see these investors come back to AM once news is released about new revenue.
hero member
Activity: 518
Merit: 500
August 03, 2013, 06:24:38 AM
should I buy btcgarden or pickup more cheap AM?

"Cheap" is in the eye of the beholder

Who knows? Is 0.016 cheap for bitgarden. Is 4.0 cheap for AM? Only Stewie and his time machine knows .... for the rest of us, its just a lucky dip really.

I certainly sold a few shares in AM to get into bitgarden but it was less than 1% of my AM holdings so it was worth the diversification just in case BitGarden proves to be anything like the next AM

If I only had a few AM shares I certainly wouldn't have sold  them to put into BitGarden.
g83
sr. member
Activity: 448
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Super Smash Bros. Ultimate Available Now!
August 03, 2013, 04:35:50 AM
in long term it will keep growing imo
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
August 03, 2013, 04:33:45 AM
should I buy btcgarden or pickup more cheap AM?

Depends on if you are you leaning towards yield or potential growth but higher risk
g83
sr. member
Activity: 448
Merit: 250
Super Smash Bros. Ultimate Available Now!
August 03, 2013, 04:33:10 AM
i think lot of people sold shares to invest in other projects for example mining equipement or new startups / ipos

me myself sold some shares to get some more miners too but i'm going to buy shares back with the profit i make on these :-)

legendary
Activity: 1064
Merit: 1000
Bitcoin is too valuable to be used as a currency
August 03, 2013, 04:29:46 AM
should I buy btcgarden or pickup more cheap AM?
hero member
Activity: 518
Merit: 500
August 03, 2013, 04:21:12 AM
whats up with the price drop now? Huh

People have limited bitcoins. If you want to invest in (yet) another start-up, you've gotta get the coins from somewhere. Now if only there was a way to make coins yourself  Grin
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
August 03, 2013, 04:20:25 AM
whats up with the price drop now? Huh

Garden walls about to break
hero member
Activity: 518
Merit: 500
August 03, 2013, 04:19:59 AM
What astonishes me is how many little guys out there (buying USB sticks, graphic cards etc) think there is still a profit to be turned from their dinky little devices.

Ignorance is bliss I suppose, just costly bliss  Roll Eyes

I haven't done the math super recently, but at BTC's current price, if your HW is paid for already, and your electricity costs are low enough GPU mining *might* still be marginally profitable. But not as profitable as altcoin mining with GPUs.

-helixone

If ifs and ands were pots and pans there'd be no work for tinkers' hands.
legendary
Activity: 1064
Merit: 1000
Bitcoin is too valuable to be used as a currency
August 03, 2013, 04:16:16 AM
whats up with the price drop now? Huh
full member
Activity: 131
Merit: 100
August 03, 2013, 02:22:50 AM
What astonishes me is how many little guys out there (buying USB sticks, graphic cards etc) think there is still a profit to be turned from their dinky little devices.

Ignorance is bliss I suppose, just costly bliss  Roll Eyes

I haven't done the math super recently, but at BTC's current price, if your HW is paid for already, and your electricity costs are low enough GPU mining *might* still be marginally profitable. But not as profitable as altcoin mining with GPUs.

-helixone
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