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Topic: ASICMINER Speculation Thread - page 263. (Read 808860 times)

legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
June 17, 2013, 03:38:15 AM
#71
i think this is amazing video, and very important for all of us to suppor this cause, so we can make sure transaction fees will make mining profitable, and keeping mining profitable will continue to secure the system

TLDR watch http://keepbitcoinfree.org/

Interesting video anyone know the technical discussion on this seems logical but there's some information on the comments that says contrary and for some reason some holes not sure where
Possible implementation in a protocol ontop of the layer and combine it with ultimate block chain transaction  
Maybe off Topic will go check there Smiley
Think that's one possible route technical threads have many approaches

Inquiry though how does this differentiate from the CVtoken or Freicoin Designs
https://bitcointalksearch.org/topic/cvtokens-stable-currency-without-trust-197799
https://bitcointalksearch.org/topic/ann-freicoin-demurrage-crypto-currency-from-the-occupy-movement-crowdfund-89843

Will keep watching that

Back to topic

Growing your position is smart Smiley
Stable dividends lower prices assuming price increases all need to be factored in but I agree with you there
Time-Frame is always important too


Bitspend.net and Bitsumo.com

Both offer ways to buy what you want/need online for a reasonable fee. No need to deal with currency exchange sites.

You just proved why Bitcoin doesn't work for the masses.

Extract from Bitspend:

"Low Fees

Our low fees ensure that nothing stands in the way of you spending your Bitcoins anywhere you want.
Orders up to $50 can be placed for a small $2 fee. Need to order something larger? No problem! There are no limits."

So you can spend Bitcoin for a 4% fee! Wow thats brilliant and so much easier than simply spending Fiat in cash or on cards with ZERO fee!


That's a company you can choose not to transact with them if you disagree with their fees
Both offer ways to buy what you want/need online for a reasonable fee. No need to deal with currency exchange sites.

(emphasis added)

The problem is not Bitcoin, the problem is Bitspend.

On a side-note it is also a rate hedge to account for currency volatility most likely
In case the exchange rate fluctuates 10 bucks a day and what not Smiley
Or you could always choose fiat  Tongue



vip
Activity: 1316
Merit: 1043
👻
June 17, 2013, 03:26:22 AM
#70
So while you guys have been speculating on ASICMINER share price, I've actually sold some of my ASICMINER PT shares at 2.899 BTC Smiley

btcinvest if you want to just make profit.
hero member
Activity: 630
Merit: 500
Bitgoblin
June 17, 2013, 03:02:36 AM
#69
You just proved why Bitcoin doesn't work for the masses.

Extract from Bitspend:

"Low Fees

Our low fees ensure that nothing stands in the way of you spending your Bitcoins anywhere you want.
Orders up to $50 can be placed for a small $2 fee. Need to order something larger? No problem! There are no limits."

So you can spend Bitcoin for a 4% fee! Wow thats brilliant and so much easier than simply spending Fiat in cash or on cards with ZERO fee!
(emphasis added)

The problem is not Bitcoin, the problem is Bitspend.
sr. member
Activity: 298
Merit: 250
June 17, 2013, 02:49:32 AM
#68

Bitspend.net and Bitsumo.com

Both offer ways to buy what you want/need online for a reasonable fee. No need to deal with currency exchange sites.

You just proved why Bitcoin doesn't work for the masses.

Extract from Bitspend:

"Low Fees

Our low fees ensure that nothing stands in the way of you spending your Bitcoins anywhere you want.
Orders up to $50 can be placed for a small $2 fee. Need to order something larger? No problem! There are no limits."

So you can spend Bitcoin for a 4% fee! Wow thats brilliant and so much easier than simply spending Fiat in cash or on cards with ZERO fee!
full member
Activity: 168
Merit: 100
June 17, 2013, 02:46:07 AM
#67

ps i will sell 50% of my shares soon possibly to collect my whole investment in bitcoin in the first place, this way any and all funds in bitcoin will be full profit for me Smiley

There's never anything wrong with investing with profits XD
Speculation
Wednesday buying for dividend == Sell time for you hehe

yes i definetly intend to invest in profits, and as much as i want AM to go up in shorterm,
Longterm i rather that short term stay low price, this way i can always reinvest more, and more and more so by the time the longterm price adjusts i will have AM shares Smiley
full member
Activity: 168
Merit: 100
June 17, 2013, 02:44:56 AM
#66
i think this is amazing video, and very important for all of us to suppor this cause, so we can make sure transaction fees will make mining profitable, and keeping mining profitable will continue to secure the system

TLDR watch http://keepbitcoinfree.org/
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
June 17, 2013, 02:34:39 AM
#65

ps i will sell 50% of my shares soon possibly to collect my whole investment in bitcoin in the first place, this way any and all funds in bitcoin will be full profit for me Smiley

There's never anything wrong with investing with profits XD
Speculation
Wednesday buying for dividend == Sell time for you hehe
full member
Activity: 168
Merit: 100
June 17, 2013, 01:47:58 AM
#64
guys main thing a lot are forgetting is transaction fees, hopefully if we keep the block limit, then transaction fees will rise,

so everyone and anyone investing in AM please make sure if you can make any difference to not let the block limit grow, as that would cut our transaction fee income,

also another thing is am is the only proven asicminer mass producer that ships within 24hours,
no company has done that yet?

also if i remember more then a month ago atleast, when we thought the difficulty spike will be alot more, AM said they can easily add 200T/H now look theres not even 200TH on the whole system yet, and AM said they could of done it months ago!

now also being sold out is amazing, thats great news, that means everything is going soo good that we even sold out! HW lol, which was never our idea to sell it in the first place, only to mine!

good news AM will continue to rise and will be worth alot in 1 year,

ps i will sell 50% of my shares soon possibly to collect my whole investment in bitcoin in the first place, this way any and all funds in bitcoin will be full profit for me Smiley
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
June 17, 2013, 12:13:05 AM
#63
Well we know the blades are completely out of stock
Add the last part of those to dividends for this week plus mining

Expect a lower dividend range for a few weeks end of June early July
Then see some better units back in there and demand rise with the higher dividends
Watch how people determine yield value into stock price over the current week or two

(Little bit of panic here and there from the lowly informed investors omg the Yields only 0.25 RUN!)
And then cruise back upward again when it goes back to 0.3 + lol

That said I think 2.5 Is a Key Support we probably will not fall below that any time soon
(Except during currency collapses or parabolic bubbles of course   Wink)
Which with bitcoin can happen guess I would say pile up if your even slightly long term here
Beyond next week or two he-he

Assume avalon's Klondike and AMC will ship at higher capacity and complete project August/September for mid term possibly earlier but still to early to call on Klondikes (Inital Release 1.0)
Assume BFL will give more chip rebates that cannot be claimed until Christmas lol (January so they can do holiday specials XD)
(And heck at this rate will beat anything currently on the market or theoretically should be on the market from BFL &_&)
I'll believe it when it really starts moving watches lol

Nice analysis. People should have to pay you for this kind of outlook/analysis. Smiley

Thanks all I need to add is a disclaimer XD
Also partly for self reference so I remember why I did something and if it was incorrect can figure out where I messed up my logic or adjust variables
(Consistency records he-he)
full member
Activity: 557
Merit: 101
June 16, 2013, 11:31:16 PM
#62
Given the huge long-term uncertainty inherent to bitcoin, along with upcoming massive increase in hashrate competition from Avalon chips et al, I don't think the shares are worth any more than a 1-year breakeven - so no more than 1BTC.
full member
Activity: 196
Merit: 100
June 16, 2013, 10:56:24 PM
#61
Well we know the blades are completely out of stock
Add the last part of those to dividends for this week plus mining

Expect a lower dividend range for a few weeks end of June early July
Then see some better units back in there and demand rise with the higher dividends
Watch how people determine yield value into stock price over the current week or two

(Little bit of panic here and there from the lowly informed investors omg the Yields only 0.25 RUN!)
And then cruise back upward again when it goes back to 0.3 + lol

That said I think 2.5 Is a Key Support we probably will not fall below that any time soon
(Except during currency collapses or parabolic bubbles of course   Wink)
Which with bitcoin can happen guess I would say pile up if your even slightly long term here
Beyond next week or two he-he

Assume avalon's Klondike and AMC will ship at higher capacity and complete project August/September for mid term possibly earlier but still to early to call on Klondikes (Inital Release 1.0)
Assume BFL will give more chip rebates that cannot be claimed until Christmas lol (January so they can do holiday specials XD)
(And heck at this rate will beat anything currently on the market or theoretically should be on the market from BFL &_&)
I'll believe it when it really starts moving watches lol

Nice analysis. People should have to pay you for this kind of outlook/analysis. Smiley
hero member
Activity: 560
Merit: 500
June 16, 2013, 10:10:12 PM
#60
Circuitry has a very good point.
Most people are hoarding and holding there bitcoins.
They are holding them in expectation that the price will go up.
There really is no Bitcoin economy. Most of the investment instruments, stocks on sites like Bitfunder, are investments in mining or investments in companies that loan money. (Bitpride is the exception, they sell t-shorts with bitcoin logos.)

Until you can use bitcoin to buy non-technological goods, and items other than alpaca sox, like jewelry, chocolate, food stuff, clothing, things that you need for daily life, then Bitcoin will have a little incestuous economy of being generated by bitcoiners to be sold on markets where speculators buy them and hold them or try to flip them, but where most bitcoin are held and not used.

If you want to make bitcoin viable, then convince your fiat bank to also have a hosted bitcoin wallet, convince your pizza place on the corner to accept bitcoin, convince the local frozen yogurt store to accept bitcoin.

Bitspend.net and Bitsumo.com

Both offer ways to buy what you want/need online for a reasonable fee. No need to deal with currency exchange sites.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
June 16, 2013, 09:54:12 PM
#59
Until you can use bitcoin to buy non-technological goods, and items other than alpaca sox, like jewelry, chocolate, food stuff, clothing, things that you need for daily life, then Bitcoin will have a little incestuous economy of being generated by bitcoiners to be sold on markets where speculators buy them and hold them or try to flip them, but where most bitcoin are held and not used.

www.gyft.com



Took the good one TAT Smiley
https://en.bitcoin.it/wiki/Trade
Well goes with this they need to add havelock, and bitfunder

Actually that seems challenging fills in the list

Jewelry
http://www.bitpremier.com/
http://www.allthingsluxury.biz/ (Heck I even see litecoins)

Chocolate or vote for more gift cards Smiley
http://giftsforcoins.com/store/
http://jeffreybitcoin.moonfruit.com/

Food Stuff
http://www.survivalfood.com/Bitcoin/ (Made for the bitcoin apocalypse)
https://www.foodler.com/user/Bitcoin.do

Clothing
http://www.patcht.com/ (CUSTOM)
http://www.bitfash.com/

Private Life
Art
http://www.teresapiacentino.com/index_en.html
Portable Ninja Device he-he
https://www.ninjaboot.com/

But I guess we are just incestuous Smiley
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
June 16, 2013, 09:51:07 PM
#58

that seems to be the consensus, lower dividend = newbie freakout = low share prices for early adopters to gain more

It's the vicious cycle of newbie's
Could factor in that new investors to bitcoin start by not knowing the data unless they do a lot of pre-research Smiley
On the bright side new members means if they survive all the scam threads there will be more people buying and selling
== Greater profit opportunity's on psychological investing (Panic selling) (Just got to be careful not to fall for your own traps)

That said if you bought in at 2.5
Its decreasingly less expensive each dividend on those shares (Well factoring in bitcoin exchange rates)
2.46371689
2.42557002

Even if it dropped the real cost is shrinking faster so the vets will probably still go meh
Or I guess legal double dipping nice div's and good growth  Cheesy
hero member
Activity: 518
Merit: 500
June 16, 2013, 09:43:30 PM
#57
Until you can use bitcoin to buy non-technological goods, and items other than alpaca sox, like jewelry, chocolate, food stuff, clothing, things that you need for daily life, then Bitcoin will have a little incestuous economy of being generated by bitcoiners to be sold on markets where speculators buy them and hold them or try to flip them, but where most bitcoin are held and not used.

www.gyft.com

sr. member
Activity: 476
Merit: 250
June 16, 2013, 09:41:27 PM
#56
Well we know the blades are completely out of stock
Add the last part of those to dividends for this week plus mining

Expect a lower dividend range for a few weeks end of June early July
Then see some better units back in there and demand rise with the higher dividends
Watch how people determine yield value into stock price over the current week or two

(Little bit of panic here and there from the lowly informed investors omg the Yields only 0.25 RUN!)
And then cruise back upward again when it goes back to 0.3 + lol

That said I think 2.5 Is a Key Support we probably will not fall below that any time soon
(Except during currency collapses or parabolic bubbles of course   Wink)
Which with bitcoin can happen guess I would say pile up if your even slightly long term here
Beyond next week or two he-he

Assume avalon's Klondike and AMC will ship at higher capacity and complete project August/September for mid term possibly earlier but still to early to call on Klondikes (Inital Release 1.0)
Assume BFL will give more chip rebates that cannot be claimed until Christmas lol (January so they can do holiday specials XD)
(And heck at this rate will beat anything currently on the market or theoretically should be on the market from BFL &_&)
I'll believe it when it really starts moving watches lol

that seems to be the consensus, lower dividend = newbie freakout = low share prices for early adopters to gain more

the buy orders are sooooo thin above 2.7 right now.  There is just no demand at the moment for the current prices (~2.85)
sr. member
Activity: 335
Merit: 250
June 16, 2013, 09:40:39 PM
#55
Circuitry has a very good point.
Most people are hoarding and holding there bitcoins.
They are holding them in expectation that the price will go up.
There really is no Bitcoin economy. Most of the investment instruments, stocks on sites like Bitfunder, are investments in mining or investments in companies that loan money. (Bitpride is the exception, they sell t-shorts with bitcoin logos.)

Until you can use bitcoin to buy non-technological goods, and items other than alpaca sox, like jewelry, chocolate, food stuff, clothing, things that you need for daily life, then Bitcoin will have a little incestuous economy of being generated by bitcoiners to be sold on markets where speculators buy them and hold them or try to flip them, but where most bitcoin are held and not used.

If you want to make bitcoin viable, then convince your fiat bank to also have a hosted bitcoin wallet, convince your pizza place on the corner to accept bitcoin, convince the local frozen yogurt store to accept bitcoin.

$1000 a Bitcoin is not a lot and if the software ceiling issue weren't there I would say it could reach $1000 this year.

Speculation noob here.

It seems to me that one of the short term collateral aspects of the ASIC war that's ramping up will be an exceedingly large supply of bitcoins in a low demand market. There are very little people actually using bitcoin, the exchange activity is mostly bots and whales, and acquiring bitcoin is a difficult task for your average internet user. On the other hand, there are LOTS of miners selling their bitcoins for fiat.

I'm bullish on Bitcoin long-term, but in the current context, $1000 a Bitcoin is impossible. We're struggling to keep three digits, and nothing in the horizon suggests any kind of reversal (more likely the opposite).

Please enlighten me if I'm missing something.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
June 16, 2013, 09:29:04 PM
#54
Well we know the blades are completely out of stock
Add the last part of those to dividends for this week plus mining

Expect a lower dividend range for a few weeks end of June early July
Then see some better units back in there and demand rise with the higher dividends
Watch how people determine yield value into stock price over the current week or two

(Little bit of panic here and there from the lowly informed investors omg the Yields only 0.25 RUN!)
And then cruise back upward again when it goes back to 0.3 + lol

That said I think 2.5 Is a Key Support we probably will not fall below that any time soon
(Except during currency collapses or parabolic bubbles of course   Wink)
Which with bitcoin can happen guess I would say pile up if your even slightly long term here
Beyond next week or two he-he

Assume avalon's Klondike and AMC will ship at higher capacity and complete project August/September for mid term possibly earlier but still to early to call on Klondikes (Inital Release 1.0)
Assume BFL will give more chip rebates that cannot be claimed until Christmas lol (January so they can do holiday specials XD)
(And heck at this rate will beat anything currently on the market or theoretically should be on the market from BFL &_&)
I'll believe it when it really starts moving watches lol
sr. member
Activity: 476
Merit: 250
June 16, 2013, 08:54:39 PM
#53
share price continues to slide today, the demand has disappeared.

was that rise to 3 an artificial pump?

People only have so much money to spend. Wait'll Tuesday to see what the price does again. And then watch the price react to whatever the divs are. If divs are .03+ again, expect to see 3btc price again. If divs are  less then .025 expect to see us fall back to 2.5ish again.

Personally, I think the stock is easily worth 3btc, but the market is what it is!

i don't see how the dividend can be much above .025, and I expect a sell off, but maybe not that much.
full member
Activity: 294
Merit: 100
June 16, 2013, 08:19:17 PM
#52
Since this thread is for speculation -- what does everyone think is going on with the hashrate? ~23 th/s for the past 8 hours..

BitMinter was DDoSed earlier. Other pools might have been hit as well, but I haven't heard anything of the sort.

Interesting. Thanks for the info, I hadn't heard that.
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