3.5 = Overpriced
I've been hearing people claim this since I bought at 0.75
Topic: ASICMINER Speculation Thread - page 233. (Read 808915 times)
I've been hearing people claim this since I bought at 0.75
I hope my question gets chosen!
Reminder / Update
ThickAsThieves, VJain, Franktank and myself have put together the next round of questions for the community to vote on.
Once we have a consensus of the top three questions, ThickAsThieves will submit them to Friedcat.
The last round was a big success, so we will continue doing this for the foreseeable future.
The questions are available for voting here:
https://docs.google.com/forms/d/1M7wigyDWjKjabHKdC7msaEfXvYaNxtMbbmTIRss8EqU/viewform
If there is a question that is not listed, please let us know and we will discuss adding it.
ThickAsThieves, VJain, Franktank and myself have put together the next round of questions for the community to vote on.
Once we have a consensus of the top three questions, ThickAsThieves will submit them to Friedcat.
The last round was a big success, so we will continue doing this for the foreseeable future.
The questions are available for voting here:
https://docs.google.com/forms/d/1M7wigyDWjKjabHKdC7msaEfXvYaNxtMbbmTIRss8EqU/viewform
If there is a question that is not listed, please let us know and we will discuss adding it.
There problem hasn't been building them, it was design issues that took them way longer to fix than anybody wanted. That part is over and their supply line appears to be working out. the next set of shipments will be the biggest indicator. At that point it will be like playing with legos. My guess is you just grabbing that number with out researching the context. Keep your head in the sand if you like, but it is coming and we shouldn't discount the possibility. I'm just saying AM needs to be ready and this week isn't instilling confidence in that.
yeah, sorry, I don't buy it. when you are thousands of orders behind schedule, and even now, filling orders that were made 9 months ago, your ability to deliver is suspicious, at best.
sure, we should keep them coming online as a possibility, but at this point, it's a faint possibility, and there are certainly other things to focus on, like AM delivering new blades and cheaper USBs next week.
AM is probably throttling their hashrate because no one else is shipping this period.
Given the reports that Avalon is hashing with customer's hardware (and that BFL is probably doing the same), I don't think the increase in network hashrate over the next few months is going to be as crazy as people are making it out to be.
I think 28% jumps in difficulty are already a thing of the past.
Quote
200 orders over several weeks. Yeah, that is better than what they were doing before, but certainly not at a pace to be of concern.
There problem hasn't been building them, it was design issues that took them way longer to fix than anybody wanted. That part is over and their supply line appears to be working out. the next set of shipments will be the biggest indicator. At that point it will be like playing with legos. My guess is you just grabbing that number with out researching the context. Keep your head in the sand if you like, but it is coming and we shouldn't discount the possibility. I'm just saying AM needs to be ready and this week isn't instilling confidence in that.
3.5 = Overpriced
Or the facility to keep it running, even at it's current relatively meager speed. This is what blows my noodle out. The deployment of that much TH/s is no way going to be less complex than what seems lately (and earlier) to be unstable. There still hasn't been a solid time of 50gh/s being run, much less 66 or 150 or 300. The network will reach those speeds.
no, but they are the only ones doing it at that level, and truth be told, they had issues when they were at 6 TH/s, too, but they worked them out.Quote
Then we account for the avalon chips (soon to be delivered? probablymaybe)
FTFY. Yeah, Avalon might show up, as soon as they are done mining with your equipment...
Quote
Now BFL . . . yes everybody is mad, yes they delivered later than expect. . .but cut through the hate, and look at what they've actually done lately. They chewed through 3500 chips in a matter of daysweeks. And are receiving 1000s of boards to assemble this week. 70,000 more chips in the pipe. Another 200-300 Th/s.
200 orders over several weeks. Yeah, that is better than what they were doing before, but certainly not at a pace to be of concern.
AM is probably throttling their hashrate because no one else is shipping this period. It also helps them show value in their USBminer deal if difficulty stays lower.
Once you see the nethash go up on its own, AM will follow suit.
That's my bet.
Once you see the nethash go up on its own, AM will follow suit.
That's my bet.
+1
I like how you're going AM spokesman this week, but interested to see how you react if AM div is < 0.02 this week (which seems likely). Will you be all like "revenue dropped, this is overpriced"? Is 0.017 acceptable to you for this week as long as it recovers next week?
I like how you're going AM spokesman this week, but interested to see how you react if AM div is < 0.02 this week (which seems likely). Will you be all like "revenue dropped, this is overpriced"? Is 0.017 acceptable to you for this week as long as it recovers next week?
it depends, is hashrate going to drop by 60% at the same time? how about share price?
I never said AM was overpriced, only that revenue dropped by 50% in a week, which I think is significant. Others may disagree, but combined with the other factors at the time, it was a bad news day for AM. Still, I held my shares, and rejoiced when the news changed. If you read through my history, you'll find me positive far more times than negative.
Wow， again ,droop to 14% .,,I am waiting for panic selling ....
where is the panic selling ?people still trade it for BTC3.4....this unbelievable
people have faith in friedcat.where is the panic selling ?people still trade it for BTC3.4....this unbelievable
This is a bad news......I want my shares back ....
Hilarious! Remember me saying:
I'll wait for the bubble to burst and scoop up a load of shares at a fair price, while laughing at SOSLOVE screaming all over the place that Friedcat scammed him and is evil.
Wololo!
Wow， again ,droop to 14% .,,I am waiting for panic selling ....
where is the panic selling ?people still trade it for BTC3.4....this unbelievable
people have faith in friedcat.where is the panic selling ?people still trade it for BTC3.4....this unbelievable
This is a bad news......I want my shares back ....
On a similar matter, the exchanges and gambling sites need to get regulated and the mining devices should be sold with FCC/CE certification.
lolololololIf you're trying to convert him, you're doing it wrong. The magic words you're looking for are wololo, not lololololol!
Wow， again ,droop to 14% .,,I am waiting for panic selling ....
where is the panic selling ?people still trade it for BTC3.4....this unbelievable
people have faith in friedcat. where is the panic selling ?people still trade it for BTC3.4....this unbelievable
Wow， again ,droop to 14% .,,I am waiting for panic selling ....
where is the panic selling ?people still trade it for BTC3.4....this unbelievable
where is the panic selling ?people still trade it for BTC3.4....this unbelievable
I trust the wild west companies more than Wall street finances but at least those are real even if stock crashes happen they beat Hollywood Finance lol
I agree they need an accountant but I see no reason not to keep a weekly dividend fluctuations will happen on a monthly basis as well
The process of sending a dividend in bitcoin is not really that difficult with the mass send function so would not be too concerned about that
Regulation is complicated and goes beyond the scope you need to specify what kind Finance is murky at best at this time.
Physical goods would be subject to Chinese regulations not American ones etc.
Electrical is applicable to IEC standards
Certifications and product safety ratings on ASIC's is an interesting way to view legal though will give you props on that goes to mail that one as a shareholder question if no one else does
I agree they need an accountant but I see no reason not to keep a weekly dividend fluctuations will happen on a monthly basis as well
The process of sending a dividend in bitcoin is not really that difficult with the mass send function so would not be too concerned about that
Regulation is complicated and goes beyond the scope you need to specify what kind Finance is murky at best at this time.
Physical goods would be subject to Chinese regulations not American ones etc.
Electrical is applicable to IEC standards
Certifications and product safety ratings on ASIC's is an interesting way to view legal though will give you props on that goes to mail that one as a shareholder question if no one else does
From another post:
"...It truly amazes me that Co's lie ASICMINER or SDICE, who roll around in thousands of BTC (hundreds of thousands of EUR) can not find a bookkeeper, who is capable compiling a proper P/L, C/F and the the balance sheet. All I can say is: "WTF!"
"...It truly amazes me that Co's lie ASICMINER or SDICE, who roll around in thousands of BTC (hundreds of thousands of EUR) can not find a bookkeeper, who is capable compiling a proper P/L, C/F and the the balance sheet. All I can say is: "WTF!"
This is a big concern for almost every Bitcoin Business.
Same applies to many companies like SDice, AsicMiner, MPOE etc etc. They have all grown quickly into big successful business making loads of BTC, but all still operate like one-man bands, with the founders doing all the PR and numbers. They need to act like proper $50-$100m+ businesses and have proper PR communications on scheduled basis, proper websites and proper financial statements. They should also all stop this nonsense of reporting and paying dividends weekly, it is a distraction and is not done in 'the real world' for a good reason i.e. income volatility and it's a waste of time.
On a similar matter, the exchanges and gambling sites need to get regulated and the mining devices should be sold with FCC/CE certification.
Ultimately as Bitcoin grows it will have to become more professional, ignoring rules never works out well in the end.......ignorance is no defence of the law.
If you order from BFL now you risk that they will have their asses sued of them by everyone who ordered a Minirig. Which never shipped and the replacement product has 1/3 the hash power and is 3 times as expensive. I wouldn't pre-order from a company with such an uncertain future no matter how good their product is.
On what basis could they be sued? Those unhappy can obtain a full refund at any time. If they decide not to get a refund, they'll get 3 x 500 Gh/s Minirigs instead of 1 x 1.5 Th/s Minirig.
If you ordered a sports car with a max. speed of 300 Mph would you be satisfied if you would get 3 cars that can do 100 Mph instead? I wouldn't. The minirig buyers ordered a 1.5 Th/s device, not 3 500 Gh/s devices (with 3 times the power usage).
Not being satisfied is no basis for suing someone. They can accept the alternative offering or they can accept a full refund.
I hope bitfountain is having alerts ringing..
bitfountain in New York?..thanks
I hope bitfountain is having alerts ringing..
Jump to: