Topic: ASICMiner vs. ActiveMining; which do you prefer and why (Read 2500 times)

these updates are good; but...
i'm still like this;
30% actM
60%AM
35% labcoin

5% wildcards (kenilworth petamines etc.)

i got a good feelin!

I just took my profit from Labcoin because I don't have all that much confidence in their long term future and in the current BTC price.
If the MtGox price weren't inflated (for whatever the real reason is) I would probably put more money into AM and AM.

When the Avalon news hit I unfortunately panicked and sold ActiveMining under value because the Avalaon Chip safety net was gone. I've been with AMC from the start and I should already be used to their horrible PR. So far Ken always delivered good news after long stretches of radio silence, I'm pretty sure that he will this time too. I think that buying ActiveMining now carrys a relatively low risk. Even if the Chip were a total failure, it wouldn't come out until November. That's lots of time for the price to bounce back up several times because of prototype pictures, etc..

The same goes for AsicMiner, one word of Friedcat about the 2nd gen and everyone will hop back on board (although I honestly didn't do the math on their share price).

I think the timeline will be like this:

Labcoin starts hashing in about 10 - 20 days. (I'm pretty sure that they will deliver on the first batch)
Pictures of the work in progress from AM and AM will follow in early October. (Share price picks back up)
Hashing on the new generation of chips slowly starts early to mid November.

considering the entire success of the company is based upon getting the hashing power up as soon as possible, i think it is a huge oversight to not have the pcbs ready for when the chips arrive. this is common knowledge and normal procedure. there goes 2 weeks+ of the highest earning potential of labcoin. this isn't fud, just facts.

AM has produced about 30.000 devices or more...
maybe they dont have a factory but they are real company not bullshit unicorn with nda, funny photos and stuff like that.

3-4Th/s in the next couple weeks, 50-60TH/s in October.  Over 10 million shares. Potentially more when they get their 65nm chip online. It's not clear why you think this is so complicated.

The projected specifications of labcoins 'break tru' chip are the work of fantasy. no other way to put it than that- team has already been caught with their pants down one more than one occasion, regardless of how many have actually noticed it. I'm probably one of 2% along with MPOE-PR and a couple others that keeps blalaing about labcoin being some scam (and scam not just limited to taking every penny and running 1hr later- for example bfl i think also is  scam)..you can search forum for many more- on of most famous being BS&T..Usually when 98% of people think you're wrong, you're wrong- but in this case I can't see how other 98% of those who aim to hold stock long term as a stable buy and you'd imagine would do some digging haven't noticed anything fishy yet and just more than happy to keep pouring money in on the slightest no update update as long as the sentiment is good, even looking at minor aspects- certain things promised since day one have just been ignored yet shareholders don't blink an eye as if that's normal behaviou. AMC a joke too, where to even start on that 1

I doubt many can even quote what hashrate their share will be entitled to or even have a tangible reason for buying in aside from the fact the memory of asicminer success is still on their brain and they wanna hop on the next vaguely promising looking train...that's got some liquidity and a chance to rise easily on good news..labcoin is no asicminer 2. Anyway Until 10TH september it's all just hot air  from anyone on either side of the fence incl me..so, I shut up about it now & show up in labcoin thread about that time we will see what the situation is, I'm expecting patchy evidence, excuses and half truths..maybe you can quote my posts and laugh at the crazy paranoid theories or maybe it will be the other way round..

Labcoin's posted photos of their chips:



They said they'd be getting their PCBs in a few days after their chips were delivered.

It's funny, the people who doubt labcoin are the ones for whom the actual technical discussion about IC technology is just a bunch of complicated technical mumbo-jumbo.   They have no idea what's going on, or how to evaluate a semiconductor company.

Yeah, you did. The answer is that you're beyond fucking stupid. Stop calling your activity "investing", it has nothing to do.


Right, but as far as random idiot "investor" is concerned it's all the same because they're all just names on a reddit.

no news is a lot better than 2 weeks (TM) and plummeting share prices and dividends. not even going to comment on the flashpowder of a "company" that is labcoin.

http://www.youtube.com/watch?v=KWpHb0WF48o

AMC -> Ken Slaughter is hiding in his cave with pile of ugly cases and orders for outdatted chips
AM   -> Friecat is manufacturing chips, boards, shipping, hashing in his factory/datacenter
LC    -> They claim they have chips but no evidence, no foto/video hashing, no boards, no clear plan, shedule

labcoin is great for short term. move them back to actm before actm rockets though.

couple months from now, i think you will be happy with your actm and am holdings.

don't judge your investments on the immaturity of fudders and true believers. look in the early part of the asicminer thread for similar posts.

wish you well, and many bitcoin for all

Labcoin has chips in hand
ActM has face in palm

I find it weird that someone decided to make this thread.

ActM is nowhere near AM in terms of company maturity. Can ActM make you a lot of money? Yes.

I can almost guarantee you this though: if you sold for Labcoin shares those will not be long term holdings regardless of what you think now. Can Labcoin still make you a lot of money? Yes.

The difference, I feel, is in how "future-proof" the companies are. And in this regard, I think ActM > Labcoin. Disagree if you'd like.

Currently hashing vs. Avalon micro-dividends and near radio silence from kslaughter? Such a tough choice...

ActM is a good buy right now IMO, even a sneeze of news will cause it to recover.

Whatever you do though, stay away from IceDrill.

I guess I sort of answered my own questions...

- ditching activemining and buying labcoin now. :p

I invest in both these securities, and find them to be strategically structured in similar ways. ActiveMining I got into earlier in its history so therefore I have reaped greater profits, yet ASICMiner has paid very good dividends as long as I've been on board (even though divs have dropped, still very nice)
My problem is, in the bitcoin world, especially the world of btc securities... there is not a hell of a lot of information available, and most of my news comes from here. I have to read through the sock-puppetry and FUD to try and glean what useful news I can. I have found that the ASICMiner threads are super technical, arguments about math etc. which, even though it is the worst sort of nerd-core pissing contests, still inspires faith in that actual tech-heads and people who likely understand the dev side of things are gravitating to ASICMiner (a good thing). Meanwhile, the activemining threads are all arguments by passthrough holders voicing their invalid opinions about what to do about supposed avalon rebates, if they even materialize. also many, many more sock-puppets on the activeminer threads.(not good)

I wanted to start this thread to create a forum for arguments for or against ASICMiner or ActiveMining, pros, cons, etc. A comparative survey, if you will. The respective forums for these two securities have become a cesspool of fanboyism, fantasy, weak attempts at market manipulation and butthurt FUD. They are impossible to read.

Lets do it in here and give everyone else a break, ok?