ASICMINER Speculation Thread - page 3.

Kipsy89

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Relax!

Quote from: freedomno1 on March 10, 2015, 12:58:22 PM

Quote from: ?? on ??

Quote from: HarmonLi on March 10, 2015, 10:29:12 AM

...One could go and argue that Havelock owns the AM shares ...

Yeah, one could. One would be dead wrong tho. Funny you bring up TaT, haven't seen much of him after that NeoBee thingy. Funny how people just sorta fade out, Starfish, TaT...

Still ghosting but he's on Bitcoin-Assets and then went off to twitter
http://log.bitcoin-assets.com/

Meanwhile shares hold their resistance at 0.01
Well if there was a miracle IPO price would be 10X returns better than a Ponzi (Investor Based Games) perhaps lol.

Yeah I guess a surprise appearance by FC could indeed trigger some decent panic-buying, also considering that the order book isn't that thick back to IPO prices...

freedomno1

legendary

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Learning the troll avoidance button :)

Quote from: ?? on ??

Quote from: HarmonLi on March 10, 2015, 10:29:12 AM

...One could go and argue that Havelock owns the AM shares ...

Yeah, one could. One would be dead wrong tho. Funny you bring up TaT, haven't seen much of him after that NeoBee thingy. Funny how people just sorta fade out, Starfish, TaT...

Still ghosting but he's on Bitcoin-Assets and then went off to twitter
http://log.bitcoin-assets.com/

Meanwhile shares hold their resistance at 0.01
Well if there was a miracle IPO price would be 10X returns better than a Ponzi (Investor Based Games) perhaps lol.

HarmonLi

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Honest 80s business!

Quote from: ?? on ??

Quote from: HarmonLi on March 10, 2015, 10:15:57 AM

...
Well did AMHASH request halting the trading for AMHASH? If it wasn't Havelock's sole decision I can understand them just leaving the whole situation to the free market. Why would they interfere? It's effectively their shares - those are passthrough shares.

Not sure I understand--which are "effectively their shares"? Both AM & AMH belong to the shareholders, not Havelock.

@Blazedout419: How is halting trading on AMH punishing anyone but the ~~suckers~~ shareholders? Why would Roxy care if the shares are trading? What am I missing?

AMHash have issued the shares on Havelock. AM shares, on the other hand, weren't issued by AM to Havelock. Someone (ThickAsThieves) opened up a passthrough on Havelock 2 years ago and forwarded all dividends to the people holding the TaT.AM shares. A year ago these shares were transferred to Havelock, since they apparently didn't want any passthroughs anymore. One could go and argue that Havelock owns the AM shares and only issued passthrough shares... It's difficult.

Blazed

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AMHash is failing to meet their obligations though...not paying out dividends like they promised. AM1 has been failing since gen 1, and made no promises of dividends. I agree AMHash should be halted, but not AM1.

HarmonLi

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Honest 80s business!

Quote from: ?? on ??

Quote from: HarmonLi on March 10, 2015, 09:18:36 AM

Quote from: ujka on March 10, 2015, 06:22:10 AM

There are no walls - the whole bid side is ~1500 shares.

But the majority of bids seemed to be cluttered at 0.015... There has just been a big dump. Also the 0.01 mark seems psychologically important. I think many people are still willing to take that gamble...

I think Havelock should step in and halt trading, like they did with AMHASH. If that was worth shutting down because friedcat's gone, how much more so for friedcat's own security?
I think people are just panic selling, maybe cooler heads would prevail if they just had a few months to think it over.
Who's with me on this?

Well did AMHASH request halting the trading for AMHASH? If it wasn't Havelock's sole decision I can understand them just leaving the whole situation to the free market. Why would they interfere? It's effectively their shares - those are passthrough shares.

Blazed

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Quote from: ?? on ??

Quote from: HarmonLi on March 10, 2015, 09:18:36 AM

Quote from: ujka on March 10, 2015, 06:22:10 AM

There are no walls - the whole bid side is ~1500 shares.

But the majority of bids seemed to be cluttered at 0.015... There has just been a big dump. Also the 0.01 mark seems psychologically important. I think many people are still willing to take that gamble...

I think Havelock should step in and halt trading, like they did with AMHASH. If that was worth shutting down because friedcat's gone, how much more so for friedcat's own security?
I think people are just panic selling, maybe cooler heads would prevail if they just had a few months to think it over.
Who's with me on this?

Why force people to be stuck with AM shares? If I were invested I would want to dump whenever I felt like it.

HarmonLi

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Honest 80s business!

Quote from: ujka on March 10, 2015, 06:22:10 AM

There are no walls - the whole bid side is ~1500 shares.

But the majority of bids seemed to be cluttered at 0.015... There has just been a big dump. Also the 0.01 mark seems psychologically important. I think many people are still willing to take that gamble...

Blazed

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Quote from: Puppet on March 10, 2015, 06:23:23 AM

Quote from: KarmaShark on March 09, 2015, 11:59:38 AM

If this is confirmed then yes, it would appear that ASIC MINER is finished and Fried Cat's return is trivial. The allegations that Fried Cat was bleeding out the company over the previous 1.5 years probably has validity to it now as well. Bitmain recently posted one hour ago on their Facebook account that they heard news a major competitor never submitted their new chip for mass production, and in turn Bitmain is now jacking up the price on the S5 by 20%, due to lack of ASIC MINER competition with no Gen4.

I wouldnt read too much in to this. Bitmain says that someone else says that some company didnt place a large order with some supplier.
Bitmain is also making it appear as if its Bitfury that didnt place the order, it could even be KnC, but my guess is that Bitmain is just exploiting the turmoil to jack up their preorder prices for June. Chances are very high at least one of these companies will not deliver in quantity in the next few weeks, so they can always pretend they were alluding to another company that didnt deliver.

None of this means I think AM's future looks rosy btw.

I agree that Bitmain is using this to jack up prices...dick move. Sounds like AM is basically a 1 man shop so without FC they can not function. Pretty sad that the entire company can not do anything without him. I give him one thing his PR/Marketing skills are amazing! Roll Eyes

Puppet

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Quote from: KarmaShark on March 09, 2015, 11:59:38 AM

If this is confirmed then yes, it would appear that ASIC MINER is finished and Fried Cat's return is trivial. The allegations that Fried Cat was bleeding out the company over the previous 1.5 years probably has validity to it now as well. Bitmain recently posted one hour ago on their Facebook account that they heard news a major competitor never submitted their new chip for mass production, and in turn Bitmain is now jacking up the price on the S5 by 20%, due to lack of ASIC MINER competition with no Gen4.

I wouldnt read too much in to this. Bitmain says that someone else says that some company didnt place a large order with some supplier.
Bitmain is also making it appear as if its Bitfury that didnt place the order, it could even be KnC, but my guess is that Bitmain is just exploiting the turmoil to jack up their preorder prices for June. Chances are very high at least one of these companies will not deliver in quantity in the next few weeks, so they can always pretend they were alluding to another company that didnt deliver.

None of this means I think AM's future looks rosy btw.

ujka

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There are no walls - the whole bid side is ~1500 shares.

HarmonLi

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Honest 80s business!

Time for speculation? Well... I'll go with: DOWN. Not even a dead cat bounce here (no pun intended)... The really big walls are at 0.01, while we're at 0.016 still - I wish I had some more shares to short right now.

FUR11

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FURring bitcoin up since 1762

Quote from: BootstrapCoinDev on March 10, 2015, 05:31:45 AM

Quote from: FUR11 on March 09, 2015, 08:26:20 AM

Price crashing hard on Havelock... Do you think it's (Chinese!?) people knowing something we don't know yet or just the slowly onsetting realization that this thing is over?

your BTC spent to BTC mined ratio remains proportionate, miners are currently worth 1/10th of the original cost. it's simple math, no one is going to pay the same price when they first came out b/c the difficulty has increased 10x since then.

What does that even have to do with the potential future profits of a hardware manufacturer!? Sorry I cann't really follow this train of thought...

BootstrapCoinDev

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Quote from: FUR11 on March 09, 2015, 08:26:20 AM

Price crashing hard on Havelock... Do you think it's (Chinese!?) people knowing something we don't know yet or just the slowly onsetting realization that this thing is over?

your BTC spent to BTC mined ratio remains proportionate, miners are currently worth 1/10th of the original cost. it's simple math, no one is going to pay the same price when they first came out b/c the difficulty has increased 10x since then.

Mabsark

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Quote from: KarmaShark on March 09, 2015, 11:59:38 AM

Wasn't Bitmain the company Fried Cat was being accused of bleeding ASCI MINER into?

Accused by who? I remember gogxmagog making similar claims but that was with regards to RockMiner and AMHash.

Hunyadi

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☑ ♟ ☐ ♚

So much drama in the bitcoinworld Sad

It's like every exchange, asic manufacturer, security, etc. will be scam in the end.

hdbuck

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Quote from: KarmaShark on March 09, 2015, 11:59:38 AM

Quote from: btcbot on March 09, 2015, 11:40:40 AM

https://www.facebook.com/Bitmain/posts/859782150729679

Bitmain

20 mins ago, we received a very important intelligence and we decide to increase the price of S5 by 20%. A certain competitor which we pay attention has not submit any mass production order to its wafer supplier. Only a small batch of pilot run has been submitted before the Chinese New Year. It has confirmed a long but uncertain guess that the aggressiveness get in trouble. The best time for mining bitcoin comes right now.

Is this is confirmed then yes, it would appear that ASIC MINER is finished and Fried Cat's return is trivial. The allegations that Fried Cat was bleeding out the company over the previous 1.5 years probably has validity to it now as well. Bitmain was posted on their Facebook account that they heard news a major competitor never submitted their new chip for mass production, and in turn Bitmain is now jacking up the price on the S5 by 20%, due to lack of ASIC MINER competition with no Gen4.

Wasn't Bitmain the company Fried Cat was being accused of bleeding ASCI MINER into?

yup and who knows, if you cant beat them.. join them.

KarmaShark

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Activity: 617

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Quote from: btcbot on March 09, 2015, 11:40:40 AM

https://www.facebook.com/Bitmain/posts/859782150729679

Bitmain

20 mins ago, we received a very important intelligence and we decide to increase the price of S5 by 20%. A certain competitor which we pay attention has not submit any mass production order to its wafer supplier. Only a small batch of pilot run has been submitted before the Chinese New Year. It has confirmed a long but uncertain guess that the aggressiveness get in trouble. The best time for mining bitcoin comes right now.

If this is confirmed then yes, it would appear that ASIC MINER is finished and Fried Cat's return is trivial. The allegations that Fried Cat was bleeding out the company over the previous 1.5 years probably has validity to it now as well. Bitmain recently posted one hour ago on their Facebook account that they heard news a major competitor never submitted their new chip for mass production, and in turn Bitmain is now jacking up the price on the S5 by 20%, due to lack of ASIC MINER competition with no Gen4.

Wasn't Bitmain the company Fried Cat was being accused of bleeding ASCI MINER into?

hdbuck

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Quote from: Chalkbot on March 09, 2015, 11:53:36 AM

Quote from: HarmonLi on March 09, 2015, 11:44:06 AM

Truly a similar situation as gox one year ago. Even the odds (or at least the perceived odds) look very similar in this case. We're now at a point where people with positive inside knowledge could make a very big buck as soon as they're certain FC returns.

Unless the new rumor that the chip order was never submitted is true... Then it doesn't really matter if he returns.

game over.

Chalkbot

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Quote from: HarmonLi on March 09, 2015, 11:44:06 AM

Truly a similar situation as gox one year ago. Even the odds (or at least the perceived odds) look very similar in this case. We're now at a point where people with positive inside knowledge could make a very big buck as soon as they're certain FC returns.

Unless the new rumor that the chip order was never submitted is true... Then it doesn't really matter if he returns.

HarmonLi

sr. member

Activity: 350

Merit: 250

Honest 80s business!

Truly a similar situation as gox one year ago. Even the odds (or at least the perceived odds) look very similar in this case. We're now at a point where people with positive inside knowledge could make a very big buck as soon as they're certain FC returns.

Topic: ASICMINER Speculation Thread - page 3. (Read 808847 times)