ASICMINER Speculation Thread - page 84.

tinus42

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Quote from: Vycid on October 21, 2013, 05:42:49 PM

Quote from: Rival on October 21, 2013, 11:26:29 AM

I don't think at the moment there is any model that can even determine the fair value of a share of AM within an order of magnitude. There is just too much we do not know at this time.

And yet STILL you cling to your irrationality! Bitfunder currently suggests a share price of 0.75/BTC, a price at this point still looks fairly generous to me.

Bitfunder prices are depreciated because of the new site rules demanding verification and excluding US residents. But I'm sure you know that already. Roll Eyes

donut

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Quote from: Vycid on October 21, 2013, 05:42:49 PM

Quote from: Rival on October 21, 2013, 11:26:29 AM

I don't think at the moment there is any model that can even determine the fair value of a share of AM within an order of magnitude. There is just too much we do not know at this time.

And yet STILL you cling to your irrationality! Bitfunder currently suggests a share price of 0.75/BTC, a price at this point still looks fairly generous to me.

But your assertion is that we cannot rule out a value of 7.5 BTC per share! That would be equivalent to a market cap of 3 million BTC, or 25% of the Bitcoins in existence.

This, for a company currently struggling with 1-2% of the hashrate and no competitive 2nd gen chip announced.

He also means that we cannot rule out a value of 0.075 BTC/share. Chillax.

Vycid

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Quote from: Rival on October 21, 2013, 11:26:29 AM

I don't think at the moment there is any model that can even determine the fair value of a share of AM within an order of magnitude. There is just too much we do not know at this time.

And yet STILL you cling to your irrationality! Bitfunder currently suggests a share price of 0.75/BTC, a price at this point still looks fairly generous to me.

But your assertion is that we cannot rule out a value of 7.5 BTC per share! That would be equivalent to a market cap of 3 million BTC, or 25% of the Bitcoins in existence.

This, for a company currently struggling with 1-2% of the hashrate and no competitive 2nd gen chip announced.

velacreations

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Quote from: freedomno1 on October 21, 2013, 03:46:31 PM

24 Hour Volume Vela not 24 Day

yes, thanks for the correction. 24 hour volume is ~300 shares, not very large.

Quote from: freedomno1 on October 21, 2013, 03:46:31 PM

While its not super liquid it is a reliable exchange that has been reliable traded upon as long as btct and bitfunder that said you are right it is difficult to get high volume trading going and I do not see it being possible for the mid-term until we see a stabilization from the shock of two exchanges closing the doors to US investors but aside of that mid-level trading can be done with relative ease.

But your right of all the exchanges it is the most traded asset, I do not see that situation changing for a while as all the Labcoin speculators are homeless for now after all Wink

(Aka back to the most traded asset lol)

I don't know how dependable it is as an exchange. It's certainly not the most user friendly.

I await an alternative, and hopefully AM can lead in that area of the bitcoin economy, too.

freedomno1

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Quote from: velacreations on October 21, 2013, 10:02:37 AM

Quote from: helixone on October 20, 2013, 10:11:24 PM

Quote from: velacreations on October 20, 2013, 01:39:37 PM

Quote from: helixone on October 20, 2013, 12:24:30 PM

And this isn't a working platform because? https://www.havelockinvestments.com/fund.php?symbol=AM1

no volume

Sadly, we are at a state where AM1 on Havelock currently has by far the highest 24-hour volume (in btc) of any other asset traded on *any* bitcoin-assets exchange today, including OTC, MPEx, Havelock and Bitfunder. It's also about 10 times higher 24-hour volume than any other market that is trading ASICMINER shares.

HL has the highest volume compared to an exchange that doesn't carry AM (MPEx), to an exchange that doesn't let US investors buy (BF), or an exchange that's little better than a scam (796).

So, that's not saying much. You're talking about ~300 shares on a 24 day volume, there's no liquidity there. You can drop the price 15% on HL by selling a dozen shares (or less). There's been a surge since the BF debacle, but how sustainable is that? This week is seeing the highest volume EVER on HL, but I am not betting that it will last.

I would suspect that the majority of people that had shares on BTCT are now holding direct shares, and waiting for a better alternative.

I would hesitate to put much faith in a value based on such thin order books.

24 Hour Volume Vela not 24 Day

While its not super liquid it is a reliable exchange that has been reliable traded upon as long as btct and bitfunder that said you are right it is difficult to get high volume trading going and I do not see it being possible for the mid-term until we see a stabilization from the shock of two exchanges closing the doors to US investors but aside of that mid-level trading can be done with relative ease.

But your right of all the exchanges it is the most traded asset, I do not see that situation changing for a while as all the Labcoin speculators are homeless for now after all Wink

(Aka back to the most traded asset lol)

Rival

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Quote from: velacreations on October 21, 2013, 10:02:37 AM

Quote from: helixone on October 20, 2013, 10:11:24 PM

Quote from: velacreations on October 20, 2013, 01:39:37 PM

Quote from: helixone on October 20, 2013, 12:24:30 PM

And this isn't a working platform because? https://www.havelockinvestments.com/fund.php?symbol=AM1

no volume

Sadly, we are at a state where AM1 on Havelock currently has by far the highest 24-hour volume (in btc) of any other asset traded on *any* bitcoin-assets exchange today, including OTC, MPEx, Havelock and Bitfunder. It's also about 10 times higher 24-hour volume than any other market that is trading ASICMINER shares.

HL has the highest volume compared to an exchange that doesn't carry AM (MPEx), to an exchange that doesn't let US investors buy (BF), or an exchange that's little better than a scam (796).

So, that's not saying much. You're talking about ~300 shares on a 24 day volume, there's no liquidity there. You can drop the price 15% on HL by selling a dozen shares (or less). There's been a surge since the BF debacle, but how sustainable is that? This week is seeing the highest volume EVER on HL, but I am not betting that it will last.

I would suspect that the majority of people that had shares on BTCT are now holding direct shares, and waiting for a better alternative.

I would hesitate to put much faith in a value based on such thin order books.

It appears FC will be offering us that alternative you seek in the near future. I don't think at the moment there is any model that can even determine the fair value of a share of AM within an order of magnitude. There is just too much we do not know at this time.

velacreations

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Quote from: helixone on October 20, 2013, 10:11:24 PM

Quote from: velacreations on October 20, 2013, 01:39:37 PM

Quote from: helixone on October 20, 2013, 12:24:30 PM

And this isn't a working platform because? https://www.havelockinvestments.com/fund.php?symbol=AM1

no volume

Sadly, we are at a state where AM1 on Havelock currently has by far the highest 24-hour volume (in btc) of any other asset traded on *any* bitcoin-assets exchange today, including OTC, MPEx, Havelock and Bitfunder. It's also about 10 times higher 24-hour volume than any other market that is trading ASICMINER shares.

HL has the highest volume compared to an exchange that doesn't carry AM (MPEx), to an exchange that doesn't let US investors buy (BF), or an exchange that's little better than a scam (796).

So, that's not saying much. You're talking about ~300 shares on a 24 day volume, there's no liquidity there. You can drop the price 15% on HL by selling a dozen shares (or less). There's been a surge since the BF debacle, but how sustainable is that? This week is seeing the highest volume EVER on HL, but I am not betting that it will last.

I would suspect that the majority of people that had shares on BTCT are now holding direct shares, and waiting for a better alternative.

I would hesitate to put much faith in a value based on such thin order books.

Swordsoffreedom

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Quote from: ?? on ??

BitFunder (supposedly) has 12621 shares
Havelock has 7373 shares

This, out of 400000.

It should include TAT shares another 3725 + 66/100s

Bitfunder adds 350 to the total

helixone

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Quote from: velacreations on October 20, 2013, 01:39:37 PM

Quote from: helixone on October 20, 2013, 12:24:30 PM

And this isn't a working platform because? https://www.havelockinvestments.com/fund.php?symbol=AM1

no volume

Sadly, we are at a state where AM1 on Havelock currently has by far the highest 24-hour volume (in btc) of any other asset traded on *any* bitcoin-assets exchange today, including OTC, MPEx, Havelock and Bitfunder. It's also about 10 times higher 24-hour volume than any other market that is trading ASICMINER shares.

225.2btc * 187.49999 = $42,225.00 24-hr volume.

For context:
24-hr vol bf: 27.83 btc
24-hr vol 796: 1.91 btc

I think if things remain as they are, HL will be the place to go to trade this asset. (We'll see how OTC picks up as former BTCT holders start running Auctions)

I'd guess, that part of the reason for low volume across the board, is that market participants are in paralysis, and don't know which way the wind is blowing. (And are a bit shell shocked from recent developments.)

I guess I'm being pedantic, when I questioned your wording "working platform". In my mind, I've always tried to get a sense of the volume weighted price, so in today's market HL price is the most relevant price.

-helixone

Lohoris

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Quote from: helixone on October 20, 2013, 12:24:30 PM

And this isn't a working platform because? https://www.havelockinvestments.com/fund.php?symbol=AM1

Because they aren't accepting new securities, which means that they are considering if they should close down of put some limitations.
(they also stated something about that, though I'm not sure what exactly and I can't be bothered to search for it)

lophie

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Quote from: ASICSRUS on October 20, 2013, 01:54:23 PM

Quote from: lophie on October 20, 2013, 01:13:37 PM

Quote from: friedcat on October 20, 2013, 12:59:28 PM

Quick Update

The original vague range of October 20s is now made accurate at October 27th, when the projected publication of financial reports. This time it will be more detailed and informative than the last time's.

Upcoming scheduled to be happening (in time order):

Imminent repricing according to the market and the quantity.
Immersion cooling exhibition.
Payment system out of pre-alpha.
Blockchain-based exchange out of pre-alpha (whether to migrate whole ASICMiner database is still a serious debating topic).

Well the moon isn't that far to begin with Tongue

And magically big sell walls disappeared! ASICMINER to da MoOoOoN ^_^

ASICMiner moonbases coming? Cheesy

LMFAO

ASICSRUS

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Quote from: lophie on October 20, 2013, 01:13:37 PM

Quote from: friedcat on October 20, 2013, 12:59:28 PM

Quick Update

The original vague range of October 20s is now made accurate at October 27th, when the projected publication of financial reports. This time it will be more detailed and informative than the last time's.

Upcoming scheduled to be happening (in time order):

Imminent repricing according to the market and the quantity.
Immersion cooling exhibition.
Payment system out of pre-alpha.
Blockchain-based exchange out of pre-alpha (whether to migrate whole ASICMiner database is still a serious debating topic).

And magically big sell walls disappeared! ASICMINER to da MoOoOoN ^_^

ASICMiner moonbases coming? Cheesy

LMFAO

velacreations

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Quote from: helixone on October 20, 2013, 12:24:30 PM

And this isn't a working platform because? https://www.havelockinvestments.com/fund.php?symbol=AM1

no volume

lophie

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Quote from: friedcat on October 20, 2013, 12:59:28 PM

Quick Update

The original vague range of October 20s is now made accurate at October 27th, when the projected publication of financial reports. This time it will be more detailed and informative than the last time's.

Upcoming scheduled to be happening (in time order):

Imminent repricing according to the market and the quantity.
Immersion cooling exhibition.
Payment system out of pre-alpha.
Blockchain-based exchange out of pre-alpha (whether to migrate whole ASICMiner database is still a serious debating topic).

And magically big sell walls disappeared! ASICMINER to da MoOoOoN ^_^

helixone

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Quote from: VeeMiner on October 20, 2013, 12:17:20 PM

Quote from: ?? on ??

BitFunder price should be as relevant as Mt.Gox price Wink

it kinda sucks that there is no actually working platform for trading the shares, it's hard to really tell the shareprice these days.

And this isn't a working platform because? https://www.havelockinvestments.com/fund.php?symbol=AM1

-helixone

VeeMiner

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Quote from: ?? on ??

BitFunder price should be as relevant as Mt.Gox price Wink

it kinda sucks that there is no actually working platform for trading the shares, it's hard to really tell the shareprice these days.

lophie

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100 shares sell wall on Bitfunder at 0.85 Roll Eyes

. These things make me cry a little bit inside...

blo8i

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i havent got any div this week yet? (i get ddirect shares)

Edit: i got it.

stripykitteh

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Quote from: Lohoris on October 17, 2013, 04:04:55 AM

Quote from: SquishySquish on October 17, 2013, 03:12:34 AM

Friedcat may have gen 2 already, but he is mining himself, defrauding shareholders.

One of the most retarded hipotesys I've read in this thread.

Yeah, generate thousands of BTC in dividends for shareholders, act honorably throughout, *then* rip them off. Makes total sense.

Lohoris

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Bitgoblin

Quote from: SquishySquish on October 17, 2013, 03:12:34 AM

Friedcat may have gen 2 already, but he is mining himself, defrauding shareholders.

One of the most retarded hipotesys I've read in this thread.

Topic: ASICMINER Speculation Thread - page 84. (Read 808757 times)