Topic: Avalon asics shipping right now (?)... short term price effects? - page 2. (Read 3523 times)
January 20, 2013, 09:10:46 AM
as far as i know the pronounced avalon shipment date was only for a small batch of ASIC units. so i think the real rally will start when two ASIC companies start shipping their finished product in large batches, so they become available to a wide public.
January 20, 2013, 09:09:17 AM
Oh, this is the cheif reason why we haven't seen rich investors build very large GPU farms: Because they don't want an investment that will be made redundant.
ASIC miners do not have this characteristics. Once a mining company can prove that they are not a scam. I believe that they will be booked out for as many as they can make.
ASIC miners do not have this characteristics. Once a mining company can prove that they are not a scam. I believe that they will be booked out for as many as they can make.
January 20, 2013, 09:06:27 AM
if the chips (er devices) are indeed good 
then I suspect that we will have a long and sustained rally as all the ASIC distributors come on-line.
I believe many (rich) investors are holding back until they can:
a: Invest heavily in ASIC mining. (to strengthen their Bitcoin Investment)
b: Have confidence that Bitcoin will not be attacked via a malicious 51% attack (funded by a bank or government).
As (A) happens more and more; (b) will happen more and more. Thus investors will be happy to invest more and more.
So I suspect the price to go up, and keep on going up.
then I suspect that we will have a long and sustained rally as all the ASIC distributors come on-line.
I believe many (rich) investors are holding back until they can:
a: Invest heavily in ASIC mining. (to strengthen their Bitcoin Investment)
b: Have confidence that Bitcoin will not be attacked via a malicious 51% attack (funded by a bank or government).
As (A) happens more and more; (b) will happen more and more. Thus investors will be happy to invest more and more.
So I suspect the price to go up, and keep on going up.
January 20, 2013, 07:53:28 AM
This graphic does not inspire confidence...
January 20, 2013, 07:47:38 AM
If they really ship, there could be a slight dip in prices for the period where the new difficulty sets in since there are more coins released than usual during the period.
Once competition kicks in that effect will be (more than) negated however.
Is it confirmed that they ship anyay?
Once competition kicks in that effect will be (more than) negated however.
Is it confirmed that they ship anyay?
January 20, 2013, 07:40:45 AM
I think a short term effect is unimportant. The same number of coins being mined by a lucky few result in a price rise.
Not being able to mine, if you don't have an ASIC don't make you sell everything, quite the opposite.
Not being able to mine, if you don't have an ASIC don't make you sell everything, quite the opposite.
January 20, 2013, 07:33:01 AM
Speculate!
(My guess: I think there will be problems, general disappointment and a short term price fall)
(My guess: I think there will be problems, general disappointment and a short term price fall)
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