Topic: ASICMINER Speculation Thread - page 214. (Read 808905 times)

No different than real life. The dollars in your bank are only worth something until you try to claim too many of them.

Nice but over time you will notice people are more and more willing to accept lower APR from AM. It's heading into blue-chip territory. In 6 months I expect 0.03 is common-place and AM is so trusted that 10-15% APR is acceptable, giving us a value somewhere between 11 and 16 BTC.

That theory is dependant on continued, consistent 0.02 dividends, an increase to 0.03 (based on the 800TH-1000TH plan), future competitors continuing to delay/take a dump, and BTC not going to the moon (hard to explain, but it's important BTC stays around 100-200), and nothing substantially safer/profitable showing up (unlikely to have both characteristics).

That's what you would call a bubble

seriously, no one wants to buy asicminer.us?  I am not selling it for a lot, guys: https://bitcointalksearch.org/topic/cheap-domains-com-246014

Sigh, another person who doesn't understand valuation.

If you take the total valuation of all BTC stocks, it greatly exceeds the total amount of bitcoins in existence. If you tried to sell every stock that exists, right now, for the current bid, you would need over 100 million bitcoins to purchase them.

Furthermore, I could see us bitcoin users investing 17% of all BTC in AM right now. It's the stock to be in. There isn't though. Friedcat holds half, created out of thin air for 0 BTC, and the rest were purchased at 0.1 BTC at IPO, some up to 2.5, most around 2.5 BTC, and some up to 4.75 BTC. Lets say half were the IPO, and half 2.5, that's like 10,000 BTC + 250,000 BTC. Not much has actually been spent on AM, thus it can easily drop as supply and demand adjusts, and it can go up or down in valuation to basically any number. If 17% of all bitcoins were actually spent on AM, it would probably have a valuation exceeding the total of all bitcoins. The reason we would do this is basically just that we value the returns at this time more than using the bitcoins themselves, which is true for many people (most people hoard BTC, they don't spend them). If there was a 100% liquidation, as people cash them out, the valuation would adjust downward into nothing, going back to what was actually spent on them in many cases, or even lower. So really, the valuation means nothing as far as investment goes, and thus should not be used to determine overvalue/undervalue.

The same argument again and again. See here for the last time it was explained why it is flawed:
https://bitcointalksearch.org/topic/m.2625069

They mine 10-20% of all bitcoins.

Can't be arsed to flame you, I'll just use the ignore button. I read you in the AMC discussions. You initially made some good points, but unfortunately repeated them 100 times. You don't even own any AM shares or plan to own any so I can only think on one reason you are sTROLLing in here.

I believe they are overvalued too.

At 4.75 a share, the market capital would be BTC1.900.000 , considering there are about 11 million bitcoins this would have ASICMINER be worth 17% of all bitcoins.

I'm 100% ready to be flamed, but at current price I actually believe AM to be overvalued by at least 50%

Especially after this weeks new all time high dividend of 0.04 

Time for a prediction out of nowhere: We'll see the price over 7BTC within the next two weeks 

I can't read Chinese, but they look to be air cooled, same speed, probably lower cost.  Also, I think they have a new design, which is a mini blade, like 5 GH/s, I believe (don't quote me on this, it is all second hand, cause I can't read Chinese)

I hope FC updates us soon with this information.  July 10 is only 10 days away, that means the share price will only get to 20 btc by then...

What's the summary, comparison with "old" blades?
1) Hashing?
2) Cost
3) Anything else of note?

Have you guys seen the new blade designs?  July 10 launch date?

http://www.reddit.com/r/Bitcoin/comments/1hedyd/asicminer_has_new_blade_airoil_cooled_new_mini/

Those are some expensive pants at ~4.65BTC/share.

omg!  I need a new pair of pants...

China loves AM!

Here we go... just left 4.5 behind us.

Yesterday I wrote, I hope it stabilizes over 4.0...