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Topic: ASICMINER Speculation Thread - page 217. (Read 808847 times)

legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
June 30, 2013, 06:09:39 PM
BFL will surely ship eventually. It would be folly to completely disregard the competition.

I think it's a mistake to give them undeserved credit.
Especially since the did deserve discredit.


And should have an advertising ban until proven to deliver
hero member
Activity: 630
Merit: 500
Bitgoblin
June 30, 2013, 05:58:51 PM
BFL will surely ship eventually. It would be folly to completely disregard the competition.

I think it's a mistake to give them undeserved credit.
Especially since the did deserve discredit.
sr. member
Activity: 476
Merit: 250
June 30, 2013, 05:48:43 PM
BFL will surely ship eventually. It would be folly to completely disregard the competition.

I think it's a mistake to give them undeserved credit.
hero member
Activity: 784
Merit: 501
June 30, 2013, 05:34:38 PM
Old news, and now that they are shipping (albeit slowly) refunds do not make sense (and they always said sales were "final"). Old news and non-news.

BFL will surely ship eventually. It would be folly to completely disregard the competition.
sr. member
Activity: 476
Merit: 250
June 30, 2013, 05:18:30 PM
For an extra charge, BFL throws in a fire extinguisher with your order, now.  The bad news is that your fire extinguisher arrives a year late...
hero member
Activity: 630
Merit: 500
Bitgoblin
June 30, 2013, 05:11:07 PM
BFL having issues?

http://www.cryptocoinsnews.com/2013/06/30/butterfly-labs-crumbles-getting-mass-refund-requests-units-catching-fire-and-fans-failing/

It appears their hardware that they are barely shipping is having a hard time not catching on fire.  Plus, they are starting to refuse refunds (probably because they have been receiving a tidal wave of refund requests)

lol:
Quote
Resource Limit Is Reached

The website is temporarily unable to service your request as it exceeded resource limit. Please try again later.

I wonder if the delusional customers will finally realise they have been scammed, or if they will still pretend they have made a great deal...
sr. member
Activity: 476
Merit: 250
June 30, 2013, 05:05:26 PM

Think it was because of some rule that said refunds are not accepted once they start shipping
Which they have on micro-scales lol
too bad for their customers that ordered last week, I guess.  Product catches on fire?  NO REFUNDS!!


Anyways pattern so far has been spike stable spike stable spike which we are in now higher stable
But that pattern does fall a bit if the dividend is low so it will be interesting

yeah, we may be stable for a bit at 4.3, though I think we will grow after the larger dividend this week.

that reminds me.  It's Sunday.  It's time for:

DIVIDEND GUESSING GAME!

I guess .025 for this week.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
June 30, 2013, 04:55:52 PM
BFL having issues?

http://www.cryptocoinsnews.com/2013/06/30/butterfly-labs-crumbles-getting-mass-refund-requests-units-catching-fire-and-fans-failing/

It appears their hardware that they are barely shipping is having a hard time not catching on fire.  Plus, they are starting to refuse refunds (probably because they have been receiving a tidal wave of refund requests)

Quote
Butterfly Labs have been changing their Terms and Condition to not include refunds. They are now rejecting refunds on closed deals.

Anything behind this story?


Think it was because of some rule that said refunds are not accepted once they start shipping
Which they have on micro-scales lol
Anyways pattern so far has been spike stable spike stable spike which we are in now higher stable
But that pattern does fall a bit if the dividend is low so it will be interesting
sr. member
Activity: 476
Merit: 250
June 30, 2013, 04:25:16 PM
BFL having issues?

http://www.cryptocoinsnews.com/2013/06/30/butterfly-labs-crumbles-getting-mass-refund-requests-units-catching-fire-and-fans-failing/

It appears their hardware that they are barely shipping is having a hard time not catching on fire.  Plus, they are starting to refuse refunds (probably because they have been receiving a tidal wave of refund requests)

Quote
Butterfly Labs have been changing their Terms and Condition to not include refunds. They are now rejecting refunds on closed deals.

Anything behind this story?
sr. member
Activity: 476
Merit: 250
June 30, 2013, 04:12:32 PM
bear trap sprung, price now rising, last was at 4.284

I bet those guys that sold at 4.1 30 minutes ago are going WTF?!?!?!
hero member
Activity: 630
Merit: 500
Bitgoblin
June 30, 2013, 03:44:03 PM
Any idea who is buying AM and why? I'm very curious because I wanted to buy more at my original buy price at 2.5.
I'm puzzled.

If you are very curious, I suggest you to read, for instance, like... this thread?
People are suggesting pretty much everywhere that the price have been driven up by two factors:
1. the recent questions answered
2. the conferences in beijing and shanghai

Please take no offence, but I guess if you are "very curious" you would have quite easily found that information... feel free to correct me if I'm wrong.
sr. member
Activity: 476
Merit: 250
June 30, 2013, 03:40:07 PM
Any idea who is buying AM and why? I'm very curious because I wanted to buy more at my original buy price at 2.5.

well, you can forget about that price.  You'll be lucky if it goes below 4 for the next few months.

China was buying a lot of shares yesterday, most likely because of that investor powerpoint.  Look back through the messages on this thread to find the link.

But, also, dividends are increasing, FC has plans for another 1000 TH/s of production before the end of the year, hash rate is increasing, and there are basically no other investment options that are currently worthwhile.

Plus, it's a good hedge against falling BTC/USD.

sr. member
Activity: 476
Merit: 250
June 30, 2013, 03:36:51 PM
His posts has gone so far into the realm of wtf that I'm starting to think that he's not a human troll, he might be a trollbot.
If it really is a bot, kudos to the author.
If he really is human wtf did his authors do to shape him this way?


I think he's definitely a bot.
full member
Activity: 127
Merit: 100
June 30, 2013, 03:36:11 PM
Any idea who is buying AM and why? I'm very curious because I wanted to buy more at my original buy price at 2.5.
hero member
Activity: 630
Merit: 500
Bitgoblin
June 30, 2013, 03:30:24 PM
You point being?
Ignore him, he is retarded in the original sense of the word. All of his messages make no sense whatsoever.
His posts has gone so far into the realm of wtf that I'm starting to think that he's not a human troll, he might be a trollbot.
If it really is a bot, kudos to the author.
If he really is human wtf did his authors do to shape him this way?
newbie
Activity: 28
Merit: 0
June 30, 2013, 02:14:13 PM
It's going parabolic. AM's value didn't go up 40% in 2 days, so why should the share price be. This is a bubble.

Although I already posted this in the main thread, I'd like commentary on this post: https://bitcointalksearch.org/topic/m.2550665 (And please consider it a counter post to your bubble theory).

-helixone


I'll also add that AM really can't go parabolic like bitcoin. Because it's a real business, valuation will have some play in sales to slow it down. Bitcoins themselves are impossible to price. Is a bitcoin worth $1 or $1000? Either are valid answers, if you can get someone to pay that, as there is no pricing model or point of comparison.

I'll also add my high end in this model should not be considered a cap, as it was published before FC issued the statement committing him to 800-1000TH by year end.

That statement kinda makes the 1.5 divs in my estimates a surer thing, and more of a floor. (I was initially factoring that even if he didn't keep up percentages, they will in any case make up for it in HW sales.)

NOW, we have to adjust for that, and it's hard because competition could have an outsized impact her. I'm not ready to give a new price, but I no longer would consider above 5.75  overpriced, and am now considering it the actual value of AM, with any price below that undervalued.

-helixone


fyi/\ASICMINER is not real business it's a "virtual security" on a popular game\/website...thanks

You point being? Perhaps I should have prefaced "real'" with "bitcoin", IE: It's a real "bitcoin" business. I fact I'd argue with the *possible* exception of Gox, it is, and likely continue to remain to be the most valuable bitcoin business in existence.

Factor in that no-one has really caught on yet, and bubble is not something we can talk about yet. Take a look at a Google News search: https://www.google.com/search?q=asicminer&&tbm=nws Only really two articles to speak of, and neither is from your typical "bubble news" factories. (The Men's Daily News article is actually a surprisingly informative intro to bitcoin-assets.)

My point being that perhaps it's a little overextended, and needs "5 mins" to consolidate, but certainly not a bubble, and is likely undervalued yet.

-helixone

imo shares are manipulated/\up as rats jump ship in an attempt to trade out of_BTC_reboot\/mode..thanks
full member
Activity: 131
Merit: 100
June 30, 2013, 01:58:46 PM
It's going parabolic. AM's value didn't go up 40% in 2 days, so why should the share price be. This is a bubble.

Although I already posted this in the main thread, I'd like commentary on this post: https://bitcointalksearch.org/topic/m.2550665 (And please consider it a counter post to your bubble theory).

-helixone


I'll also add that AM really can't go parabolic like bitcoin. Because it's a real business, valuation will have some play in sales to slow it down. Bitcoins themselves are impossible to price. Is a bitcoin worth $1 or $1000? Either are valid answers, if you can get someone to pay that, as there is no pricing model or point of comparison.

I'll also add my high end in this model should not be considered a cap, as it was published before FC issued the statement committing him to 800-1000TH by year end.

That statement kinda makes the 1.5 divs in my estimates a surer thing, and more of a floor. (I was initially factoring that even if he didn't keep up percentages, they will in any case make up for it in HW sales.)

NOW, we have to adjust for that, and it's hard because competition could have an outsized impact her. I'm not ready to give a new price, but I no longer would consider above 5.75  overpriced, and am now considering it the actual value of AM, with any price below that undervalued.

-helixone


fyi/\ASICMINER is not real business it's a "virtual security" on a popular game\/website...thanks

You point being? Perhaps I should have prefaced "real'" with "bitcoin", IE: It's a real "bitcoin" business. I fact I'd argue with the *possible* exception of Gox, it is, and likely continue to remain to be the most valuable bitcoin business in existence.

Factor in that no-one has really caught on yet, and bubble is not something we can talk about yet. Take a look at a Google News search: https://www.google.com/search?q=asicminer&&tbm=nws Only really two articles to speak of, and neither is from your typical "bubble news" factories. (The Men's Daily News article is actually a surprisingly informative intro to bitcoin-assets.)

My point being that perhaps it's a little overextended, and needs "5 mins" to consolidate, but certainly not a bubble, and is likely undervalued yet.

-helixone
hero member
Activity: 854
Merit: 1000
Bitcoin: The People's Bailout
June 30, 2013, 01:52:03 PM
I'm surprised that you people haven't learned your lesson with bubbles. A 4.4 BTC per share valuation equals about 29Mhash/ Bitcoin.

http://www.reddit.com/r/Bitcoin/comments/1c698g/ive_been_a_trader_for_over_15_years_and_i_never/

ASICMiner plans to deploy between 800TH and 1000TH by the end of this year (https://bitcointalksearch.org/topic/m.2610794).  According to my math, using the lower end of that estimate comes out to 2 GH per share and 500 MH per BTC at BTC4 per share.

800 TH / 400,000 shares = 2 GH/share
2GH/share / 4 BTC/share = 500MH/BTC

Of course, by the end of 2014 the network hashrate could be 100PH and each AM share could represent 100GH.  Who knows?  As long as AM is able to continue mining between 20% and 40% of all the new bitcoins themselves and is able to sell and deliver the hardware needed to mine the remaining bitcoins then a lot of folks have a hard time considering the current price a bubble.
newbie
Activity: 28
Merit: 0
June 30, 2013, 01:43:32 PM
It's going parabolic. AM's value didn't go up 40% in 2 days, so why should the share price be. This is a bubble.

Although I already posted this in the main thread, I'd like commentary on this post: https://bitcointalksearch.org/topic/m.2550665 (And please consider it a counter post to your bubble theory).

-helixone


I'll also add that AM really can't go parabolic like bitcoin. Because it's a real business, valuation will have some play in sales to slow it down. Bitcoins themselves are impossible to price. Is a bitcoin worth $1 or $1000? Either are valid answers, if you can get someone to pay that, as there is no pricing model or point of comparison.

I'll also add my high end in this model should not be considered a cap, as it was published before FC issued the statement committing him to 800-1000TH by year end.

That statement kinda makes the 1.5 divs in my estimates a surer thing, and more of a floor. (I was initially factoring that even if he didn't keep up percentages, they will in any case make up for it in HW sales.)

NOW, we have to adjust for that, and it's hard because competition could have an outsized impact her. I'm not ready to give a new price, but I no longer would consider above 5.75  overpriced, and am now considering it the actual value of AM, with any price below that undervalued.

-helixone


fyi/\ASICMINER is not real business it's a "virtual security" on a popular game\/website...thanks
full member
Activity: 131
Merit: 100
June 30, 2013, 01:38:59 PM
It's going parabolic. AM's value didn't go up 40% in 2 days, so why should the share price be. This is a bubble.

Although I already posted this in the main thread, I'd like commentary on this post: https://bitcointalksearch.org/topic/m.2550665 (And please consider it a counter post to your bubble theory).

-helixone


I'll also add that AM really can't go parabolic like bitcoin. Because it's a real business, valuation will have some play in sales to slow it down. Bitcoins themselves are impossible to price. Is a bitcoin worth $1 or $1000? Either are valid answers, if you can get someone to pay that, as there is no pricing model or point of comparison.

I'll also add my high end in this model should not be considered a cap, as it was published before FC issued the statement committing him to 800-1000TH by year end.

That statement kinda makes the 1.5 divs in my estimates a surer thing, and more of a floor. (I was initially factoring that even if he didn't keep up percentages, they will in any case make up for it in HW sales.)

NOW, we have to adjust for that, and it's hard because competition could have an outsized impact her. I'm not ready to give a new price, but I no longer would consider above 5.75  overpriced, and am now considering it the actual value of AM, with any price below that undervalued. Basically at this point 5.75 assumes decent competition, but if competition remains crippled I hesitate to call a ceiling at this point..

-helixone
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