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Topic: ASICMINER Speculation Thread - page 221. (Read 808768 times)

hero member
Activity: 574
Merit: 500
June 29, 2013, 12:53:56 PM
a correction is certainly possible, but consider this, if the dividend is .025 (reasonable guess), and share price is 4 btc, that's a 32.5% APR, which is a fair valuation.

I think if APR drops much below 30%, then it is time to sell, but if it is above 30%, buy and hold.

So, if the dividend this week goes above .025, expect the share price to rise.

If dividends will suddenly flatten out starting now then sure, but Friedcat built ASICMiner to grow, and grow it does. Look at how dividends have been rising over the last year, then think about what the dividends might be over the next year.

AM is still so undervalued it boggles my mind.
sr. member
Activity: 476
Merit: 250
June 29, 2013, 12:42:56 PM
a correction is certainly possible, but consider this, if the dividend is .025 (reasonable guess), and share price is 4 btc, that's a 32.5% APR, which is a fair valuation.

I think if APR drops much below 30%, then it is time to sell, but if it is above 30%, buy and hold.

So, if the dividend this week goes above .025, expect the share price to rise.
full member
Activity: 180
Merit: 100
June 29, 2013, 12:34:25 PM
That graph on btct is having an erection!

Wonder if AMC folks are buying these to recover their loses :-)
sr. member
Activity: 364
Merit: 250
June 29, 2013, 12:29:04 PM
I also think that 4 Btc will be the new price, if it still gets higher after that I guess that there will be a correction.
At least until we know the next dividend.
FNG
hero member
Activity: 588
Merit: 500
June 29, 2013, 12:27:31 PM
we hit 3.51 last night, I can see passing 3.7 before dividend day!

hmmm, I was right, once again.  I guess I need to change this prediction.

4 btc by Weds, folks.
or maybe in an hour or two
sr. member
Activity: 476
Merit: 250
June 29, 2013, 12:23:35 PM
we hit 3.51 last night, I can see passing 3.7 before dividend day!

hmmm, I was right, once again.  I guess I need to change this prediction.

4 btc by Weds, folks.
legendary
Activity: 1512
Merit: 1012
Still wild and free
June 29, 2013, 11:55:48 AM
I must say, the current situation somehow feels familiar... The last time something went through the roof, it was the BTC/fiat exchange rate - and we all know what came after ~$250/btc.

Let's hope people do not get too crazy this time around. After all, people are just reacting on unofficial information not explicitly confirmed by friedcat, if I understood everything correctly.

I strongly disagree, this cannot be compared in my opinion. The reasons for AM to be valued like what we see by the market (justified or not is personal opinion) will hold for few months from now at least. I don't see much of psychology and immediate speculation/greed involved here, whereas it was strongly the case (and it still is) with FIAT/BTC.
member
Activity: 63
Merit: 10
June 29, 2013, 11:51:18 AM
I must say, the current situation somehow feels familiar... The last time something went through the roof, it was the BTC/fiat exchange rate - and we all know what came after ~$250/btc.

Let's hope people do not get too crazy this time around. After all, people are just reacting on unofficial information not explicitly confirmed by friedcat, if I understood everything correctly.
hero member
Activity: 574
Merit: 500
June 29, 2013, 11:48:15 AM
First ones are selling for 3.6 ^^
Lowest asks now 3.69 on btct, 3.74 on BitFunder Shocked
sr. member
Activity: 364
Merit: 250
June 29, 2013, 11:35:57 AM
First ones are selling for 3.6 ^^
full member
Activity: 121
Merit: 100
June 29, 2013, 11:02:22 AM
What is an easy way to buy these shares with my Bitcoins. I have no experience doing this, but everytime I read about ASICMINER I hear good things.
go to btct.co (a bitcoin security exchange) and create an account. Deposit some coin and buy shares!

+1
FNG
hero member
Activity: 588
Merit: 500
June 29, 2013, 11:01:42 AM
What is an easy way to buy these shares with my Bitcoins. I have no experience doing this, but everytime I read about ASICMINER I hear good things.
www.havelockinvestments.com is the cheapest at the moment. You can buy 1/100th shares there. Full passthroughs on btct.co   and direct shares in auctions on this website.

Hope that helps
legendary
Activity: 1512
Merit: 1012
Still wild and free
June 29, 2013, 11:01:24 AM
What is an easy way to buy these shares with my Bitcoins. I have no experience doing this, but everytime I read about ASICMINER I hear good things.
go to btct.co (a bitcoin security exchange) and create an account. Deposit some coin and buy shares!

And you should hurry up!
full member
Activity: 196
Merit: 100
June 29, 2013, 11:00:32 AM
What is an easy way to buy these shares with my Bitcoins. I have no experience doing this, but everytime I read about ASICMINER I hear good things.
go to btct.co (a bitcoin security exchange) and create an account. Deposit some coin and buy shares!
legendary
Activity: 1344
Merit: 1001
June 29, 2013, 10:58:35 AM
What is an easy way to buy these shares with my Bitcoins. I have no experience doing this, but everytime I read about ASICMINER I hear good things.
sr. member
Activity: 476
Merit: 250
June 29, 2013, 10:51:36 AM
Q: How much hashing power does Bitfountain plan to deploy within this year?
Friedcat: 800-1000T within this year.

Does the word "deploy" refer to hardware sales or incorporating into their own mining operations?  Or, a combination of both?

I take it as both, cause that has been their business model for a while.
hero member
Activity: 854
Merit: 1000
Bitcoin: The People's Bailout
June 29, 2013, 10:49:31 AM
Q: How much hashing power does Bitfountain plan to deploy within this year?
Friedcat: 800-1000T within this year.

Does the word "deploy" refer to hardware sales or incorporating into their own mining operations?  Or, a combination of both?
full member
Activity: 121
Merit: 100
June 29, 2013, 10:29:37 AM
sr. member
Activity: 476
Merit: 250
June 29, 2013, 10:25:36 AM
Shares are already going at 3.56 at btct right now!


they're only 3.45 on bitfunder!  damn confirmations!!!
legendary
Activity: 1512
Merit: 1012
Still wild and free
June 29, 2013, 10:09:15 AM
Shares are already going at 3.56 at btct right now!
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