ASICMINER Speculation Thread - page 198.

AMuppInTime

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Quote from: velacreations on July 05, 2013, 02:28:02 PM

Quote from: mechs on July 05, 2013, 02:23:15 PM

ASICMINER is dropping since it is very much leveraged to the Fiat/BTC ratio which is in a nosedive.

not really. it's dropping because there is a manipulator filling sell orders down to the bottom to scare people.

right now, the only affect BTC/USD has on AM share price are that some people want to turn their BTC to USD.

If I was a big player with decent # of shares and saw the price of bitcoin drop 40%, I'd likely would want to secure some $$ earnings as a hedge by sacrificing some 400 shares (about how many went down today)

meanwhile if I had BTC on hand i'd put in some low bids around 3.8 and cross my fingers.

velacreations

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Quote from: mechs on July 05, 2013, 02:23:15 PM

ASICMINER is dropping since it is very much leveraged to the Fiat/BTC ratio which is in a nosedive.

not really. it's dropping because there is a manipulator filling sell orders down to the bottom to scare people.

right now, the only affect BTC/USD has on AM share price are that some people want to turn their BTC to USD.

mechs

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ASICMINER is dropping since it is very much leveraged to the Fiat/BTC ratio which is in a nosedive.
Less Fiat, means less money to buy new hardware
Less Fiat, means less money to pay for R&D
Less Fiat, means less money to pay for electricity and labor costs
Lower Fiat/BTC, means more cash flow has to go to the above, means lower dividend, means lower stock price

The short-term looks ugly and I bought some puts a couple days ago, already in the money. Mid and Long term all depends on a combo of the Fiat/BTC ratio and the ability of friedcat to continue to keep ahead technologically than the competition.

velacreations

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Quote from: ThickAsThieves on July 05, 2013, 01:08:44 PM

Quote from: velacreations on July 05, 2013, 01:01:08 PM

manipulation not paying off on BTCT, anymore, people are not dropping sell orders.

Looks like they've moved to Bitfunder, now...

No one is filling those asks on BTCT either. Not everything is manipulation.

Even the dip under 4 recently was largely people either preemptively selling before panic sellers wanting to cash out for fiat, or honest sellers wanting to get out for fiat.

A preemptive strike is not manipulation, it's smart trading.

the vast majority was manipulation. The sells under 4 were reactions to the large manipulation drop before then.

I agree that not everything is manipulation, but right now, a lot of the down pressure is.

ThickAsThieves

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Quote from: velacreations on July 05, 2013, 01:01:08 PM

manipulation not paying off on BTCT, anymore, people are not dropping sell orders.

Looks like they've moved to Bitfunder, now...

No one is filling those asks on BTCT either. Not everything is manipulation.

Even the dip under 4 recently was largely people either preemptively selling before panic sellers wanting to cash out for fiat, or honest sellers wanting to get out for fiat.

A preemptive strike is not manipulation, it's smart trading.

velacreations

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manipulation not paying off on BTCT, anymore, people are not dropping sell orders.

Looks like they've moved to Bitfunder, now...

pikeadz

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Quote from: Mabsark on July 05, 2013, 11:49:39 AM

Quote from: velacreations on July 05, 2013, 11:45:06 AM

Quote from: bobboooiie on July 05, 2013, 11:01:42 AM

I saw some fake walls today, now we are talking manipulation !

big ones, too. These manipulators want AM around 4. Notice when those sell walls disappeared, they started filling buy orders to fake panic.

Quote from: TsuyokuNaritai on July 05, 2013, 11:37:40 AM

The hashrate's been lowish for a few days now. I wonder what Friedcat's up to.

Maybe testing new blades.

We probably won't get an updated until after next week's dividend, at which time, he'll probably announce the new blades for sale.

Discounting the 150 second hand Blades that AM auctioned off for 50 BTC, what Blades have AM sold?

Those were not secondhand, they were new. Just like the ones in the sales thread.

velacreations

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look at the real sell orders, very thin until ~2.64

I think people value AM higher than what the manipulators are selling at...

velacreations

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Blades are not for sale right now, read my comment. He will announce NEXT WEEK the sale of NEW BLADES (~July 10)

Mabsark

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Quote from: velacreations on July 05, 2013, 11:45:06 AM

Quote from: bobboooiie on July 05, 2013, 11:01:42 AM

I saw some fake walls today, now we are talking manipulation !

big ones, too. These manipulators want AM around 4. Notice when those sell walls disappeared, they started filling buy orders to fake panic.

Quote from: TsuyokuNaritai on July 05, 2013, 11:37:40 AM

The hashrate's been lowish for a few days now. I wonder what Friedcat's up to.

Maybe testing new blades.

We probably won't get an updated until after next week's dividend, at which time, he'll probably announce the new blades for sale.

Discounting the 150 second hand Blades that AM auctioned off for 50 BTC, what Blades have AM sold?

velacreations

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Quote from: bobboooiie on July 05, 2013, 11:01:42 AM

I saw some fake walls today, now we are talking manipulation !

big ones, too. These manipulators want AM around 4. Notice when those sell walls disappeared, they started filling buy orders to fake panic.

Quote from: TsuyokuNaritai on July 05, 2013, 11:37:40 AM

The hashrate's been lowish for a few days now. I wonder what Friedcat's up to.

Maybe testing new blades.

We probably won't get an updated until after next week's dividend, at which time, he'll probably announce the new blades for sale.

TsuyokuNaritai

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The hashrate's been lowish for a few days now. I wonder what Friedcat's up to.

romerun

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Bitcoin is new, makes sense to hodl.

to create confusion of course

ThickAsThieves

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Quote from: Streets 2.0 on July 05, 2013, 11:16:31 AM

Quote from: Birdy on July 05, 2013, 11:14:01 AM

Quote from: aahzmundus on July 05, 2013, 11:10:34 AM

Quote from: ThickAsThieves on July 05, 2013, 11:05:32 AM

Another AM price dip isn't unlikely. BTC/USD is falling apart, and some will want to exit to fiat.

Watching 50% of my investments value disappear in a week is hard, I like the quick hard crashes... the ones that punch you in the gut and just get it over with. This dragging me behind a slow moving truck is annoying.

Yes, I've also sold most of my shares, although I don't want to exit to fiat.
Bought at ~2.5 sold ~4.3, still solid profit.

It's enough when Btc is crashing, don't want an AM crash adding to that :/

Same, weighted avg on btct was 1.9 - sold at 4.3, waiting to hop back in at ~4

It's so funny to me when people post their specific selling and buying plans, and when they point out arbortunities.

Streets 2.0

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Quote from: Birdy on July 05, 2013, 11:14:01 AM

Quote from: aahzmundus on July 05, 2013, 11:10:34 AM

Quote from: ThickAsThieves on July 05, 2013, 11:05:32 AM

Another AM price dip isn't unlikely. BTC/USD is falling apart, and some will want to exit to fiat.

Watching 50% of my investments value disappear in a week is hard, I like the quick hard crashes... the ones that punch you in the gut and just get it over with. This dragging me behind a slow moving truck is annoying.

Yes, I've also sold most of my shares, although I don't want to exit to fiat.
Bought at ~2.5 sold ~4.3, still solid profit.

It's enough when Btc is crashing, don't want an AM crash adding to that :/

Same, weighted avg on btct was 1.9 - sold at 4.3, waiting to hop back in at ~4

Birdy

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Quote from: aahzmundus on July 05, 2013, 11:10:34 AM

Quote from: ThickAsThieves on July 05, 2013, 11:05:32 AM

Another AM price dip isn't unlikely. BTC/USD is falling apart, and some will want to exit to fiat.

Watching 50% of my investments value disappear in a week is hard, I like the quick hard crashes... the ones that punch you in the gut and just get it over with. This dragging me behind a slow moving truck is annoying.

Yes, I've also sold most of my shares, although I don't want to exit to fiat.
Bought at ~2.5 sold ~4.3, still solid profit.

It's enough when Btc is crashing, don't want an AM crash adding to that :/

SOSLOVE868

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Quote from: aahzmundus on July 05, 2013, 11:10:34 AM

Quote from: ThickAsThieves on July 05, 2013, 11:05:32 AM

Another AM price dip isn't unlikely. BTC/USD is falling apart, and some will want to exit to fiat.

Watching 50% of my investments value disappear in a week is hard, I like the quick hard crashes... the ones that punch you in the gut and just get it over with. This dragging me behind a slow moving truck is annoying.

No worry...Price will be backing soon , BTC today is far better(More people are within it) than backed to April 2013...

aahzmundus

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Quote from: ThickAsThieves on July 05, 2013, 11:05:32 AM

Another AM price dip isn't unlikely. BTC/USD is falling apart, and some will want to exit to fiat.

Watching 50% of my investments value disappear in a week is hard, I like the quick hard crashes... the ones that punch you in the gut and just get it over with. This dragging me behind a slow moving truck is annoying.

ThickAsThieves

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Another AM price dip isn't unlikely. BTC/USD is falling apart, and some will want to exit to fiat.

bobboooiie

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I saw some fake walls today, now we are talking manipulation !

Topic: ASICMINER Speculation Thread - page 198. (Read 808768 times)