ASICMINER Speculation Thread - page 171.

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: Bitcycle on July 24, 2013, 05:17:35 PM

Some actually sold at 4.0

We'll see if this is a dead cat bounce or the end of the panic. There's still that 100 at 4.5 that might push the price down.

I think you'll see that order disappear when we get close.

I hope it is just a dead cat bounce, cause I am waiting for coins to confirm... Grin

Bitcycle

sr. member

Activity: 420

Merit: 250

Some actually sold at 4.0

We'll see if this is a dead cat bounce or the end of the panic. There's still that 100 at 4.5 that might push the price down.

velacreations

sr. member

Activity: 476

Merit: 250

I think the bottom will be 4.1, it looks like people are realizing their mistake...

Ozymandias

sr. member

Activity: 644

Merit: 250

There are some great puts still available around 4.35ish; those that think AM still has lower to go may want to look into them on btct

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: Birdy on July 24, 2013, 04:58:55 PM

It's at 4 Btc.
Didn't expect it to go that low, good buying opportunity I guess.

the weird thing is that it is that low on bitfunder, too

people are just panicing, so yes, really good time to buy shares. I wish I had more coins!

Birdy

sr. member

Activity: 364

Merit: 250

It's at 4 Btc.
Didn't expect it to go that low, good buying opportunity I guess.

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: chanson on July 24, 2013, 03:33:11 PM

Volume was up quite a bit even before burnside made that post. But AM ranges 0.3/day quite often. I guess I just wouldn't have called that a "crash" when it still fits within normal variance and doesn't look extraordinary when staring at the charts. I even doubt it's lower than it was this time last week. But if you want to feed a panic so you can buy, by all means go ahead.

Now, if you want better reasons to sell, perhaps the batch of 10,000 Avalon chips buys that were delivered today. http://thegenesisblock.com/10000-bitcoin-asic-chips-arrive-in-switzerland-3-ths/

I am not feeding a panic, and no, buy orders were not being filled at that rate before burnside's announcement. The current price is now 4.11. You still think it's just variance?

I don't know why people would sell with AM, though. You can exchange BTCT shares for direct shares, so it doesn't make sense to sell. Of course, many securities just crashed, so people might be moving money to another security.

chanson

member

Activity: 84

Merit: 10

Quote from: velacreations on July 24, 2013, 03:19:28 PM

the one that just happened with every buy order above 4.55 got filled.

Price went from 4.8 to 4.55

TAT went to .0438

Volume was up quite a bit even before burnside made that post. But AM ranges 0.3/day quite often. I guess I just wouldn't have called that a "crash" when it still fits within normal variance and doesn't look extraordinary when staring at the charts. I even doubt it's lower than it was this time last week. But if you want to feed a panic so you can buy, by all means go ahead.

Now, if you want better reasons to sell, perhaps the batch of 10,000 Avalon chips buys that were delivered today. http://thegenesisblock.com/10000-bitcoin-asic-chips-arrive-in-switzerland-3-ths/

Bitcycle

sr. member

Activity: 420

Merit: 250

He *might* have to bar US users. He was very clear that his plans are not yet set in stone. He was also clear that selling shares US users already owned would not be affected, even after whatever time limit expired.

Right now there's just some people plain panicking. Grin

gog1

hero member

Activity: 756

Merit: 500

Quote from: velacreations on July 24, 2013, 03:19:28 PM

the one that just happened with every buy order above 4.55 got filled.

Price went from 4.8 to 4.55

I believe burnside plans to ban US based user from buying stock and they'll be given some time to liquidate their asset. This caused the crash rather than market's take on the dividend.

velacreations

sr. member

Activity: 476

Merit: 250

the one that just happened with every buy order above 4.55 got filled.

Price went from 4.8 to 4.55

TAT went to .0438

chanson

member

Activity: 84

Merit: 10

Quote from: velacreations on July 24, 2013, 02:58:08 PM

I guess the price crash on BTCT answers my question...

What crash?

velacreations

sr. member

Activity: 476

Merit: 250

I guess the price crash on BTCT answers my question...

velacreations

sr. member

Activity: 476

Merit: 250

how do people think the recent burnside discussion about closing BTCT to US investors will affect the price of AM? Should US investors move to BF?

BF suffered a bit lately, mainly because of the security vulnerability. I know several people that move to BTCT since then, and the AM price has certainly been lower over there, as well as the volume.

What do folks think about this?

velacreations

sr. member

Activity: 476

Merit: 250

yeah, I'm predicting .024 for a dividend today.

VeeMiner

hero member

Activity: 752

Merit: 500

bitcoin hodler

Quote from: empoweoqwj on July 24, 2013, 05:51:03 AM

Quote from: VeeMiner on July 24, 2013, 05:26:33 AM

I agree that the financial statement and the franchise project is great news.

Any guesses about the dividend this week? I think we're going to stay around 0.025 BTC like last week, since USB sales are still going strong, but we have to wait for blades for next week...

Haven't got an answer for that but do have related question....

Will USB eruptor sales keep running once the blades go on sale? If so, bumper dividends in August.

Or is there an announced cut-off point when they will stop being sold?

there is no cut-off point AFAIK. I think they will keep selling until there is any demand for them. Right now the supply obviously can't meet the demand because they are really hard to get for a price around 1 BTC

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: VeeMiner on July 24, 2013, 05:26:33 AM

I agree that the financial statement and the franchise project is great news.

Any guesses about the dividend this week? I think we're going to stay around 0.025 BTC like last week, since USB sales are still going strong, but we have to wait for blades for next week...

Haven't got an answer for that but do have related question....

Will USB eruptor sales keep running once the blades go on sale? If so, bumper dividends in August.

Or is there an announced cut-off point when they will stop being sold?

VeeMiner

hero member

Activity: 752

Merit: 500

bitcoin hodler

I agree that the financial statement and the franchise project is great news.

Any guesses about the dividend this week? I think we're going to stay around 0.025 BTC like last week, since USB sales are still going strong, but we have to wait for blades for next week...

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: binaryFate on July 24, 2013, 04:34:58 AM

The news about hardware franchising is really, really great in my opinion!

Most people tend to judge share price through APR, and 25~30% seems to be commonly considered interesting enough considering the risk.
If hash rate market share can be multiplied by 2, maybe even a bit more (without any threat to the network!), it means mining income can be regularly twice or slightly more as they are. That would give a regular basis of ~0.035. Add a (conservative) 0.005 from hardware sales, we get to an average (still conservative) 0.04 overall. As the company will get a bit older, more and more established, with decentralized locations, the inherent risk will be reduced. For me it means 25% for the APR will be perfectly acceptable for most.
The above assumptions would lead a share price of 8.3BTC.

If 20% APR becomes acceptable for the majority, we'd be looking at >10BTC per share.

I don't see that happening short term, but if things continue to go well this could be the real consequence of the hardware franchising in 6 months to a year from now, for share holders.
That's truly a brilliant idea Tongue

Very bullish target price but I agree the strategy to diversify into mining partnerships is the right move and can only be good for the share price of AM, providing AM can provide the hardware necessary for all this expansion! If anyone can, friedcat can.

binaryFate

legendary

Activity: 1512

Merit: 1012

Still wild and free

The news about hardware franchising is really, really great in my opinion!

Most people tend to judge share price through APR, and 25~30% seems to be commonly considered interesting enough considering the risk.
If hash rate market share can be multiplied by 2, maybe even a bit more (without any threat to the network!), it means mining income can be regularly twice or slightly more as they are. That would give a regular basis of ~0.035. Add a (conservative) 0.005 from hardware sales, we get to an average (still conservative) 0.04 overall. As the company will get a bit older, more and more established, with decentralized locations, the inherent risk will be reduced. For me it means 25% for the APR will be perfectly acceptable for most.
The above assumptions would lead a share price of 8.3BTC.

If 20% APR becomes acceptable for the majority, we'd be looking at >10BTC per share.

I don't see that happening short term, but if things continue to go well this could be the real consequence of the hardware franchising in 6 months to a year from now, for share holders.
That's truly a brilliant idea Tongue

Topic: ASICMINER Speculation Thread - page 171. (Read 808918 times)