another troll to ignore!
Man, I am collecting trolls on here. I need a tally somewhere...
Man, I am collecting trolls on here. I need a tally somewhere...
Well said. Some people here think that anyone not participating in their circle-jerk and trying to inflate the share price is trolling. When you show them the maths to prove just how inflated the prices are, they start talking about buying in at the IPO for 0.1 BTC, like that's in the slightest bit relevant for someone looking to buy shares now.
The fact is that even if AM had a hash rate of 250 Th/s, with 400,000 shares at 3.5 BTC each, that works out to be just 178.57 Mh/s per BTC. In order for AM's mining operation to provide similar value to a 5 GH/s BFL, it needs a hash rate of around 2,500 Th/s at a share price of 3.5 BTC.
Then they go on about hardware sales and delude themselves into believing that people will continue to pay insane prices for the worst ASIC hardware on the market and that hardware sales are going to increase as will dividends.
They probably know they're full of shit and they're just trying to pump before they dump.
Why do people keep comparing AM hardware to BFL hardware? BFL hasn't shipped 90%+ of their outstanding orders and anyone ordering today won't get a product for months, possibly not even until 2014. I tell you what, I'll sell you Unicorn-PT shares that mine at 1TH/s per BTC - how many would you like?
Maybe AM is overpriced and maybe it's not, however, this has zero to do with BFL and everything to do with what you think AM can execute in the coming 6 months (not 6 days or 6 hours like some over-eager day traders).
Because that's the competition. I could compare it to BitFury or KnC if you prefer but that will just make things look a hell of a lot worse. Does it matter if BFL hasn't shipped 90% of it's hardware? AM hasn't brought online 90% of it's hashing power either and it most certainly hasn't brought online the 2,500 Th/s that it would need to provide equal hashing value with BFL.
You say it has nothing to do with BFL, but that's just wilful ignorance. BFL, Bitfury, KnC and AMC will all effect AM with regards to both hardware sales and share of the network. You can keep comparing the competition to imaginary unicorns, but that's just pure stupidity as it's a fact that the competition is real.
Prove to me that your Unicorn-PT shares can actually provide me with 1 Th/s and I'll buy as many as I can afford. Otherwise, stop talking nonsense simply because you can't refute the claims.
