bitcoins effect on the "real" markets...AMD may be the first

Whosull

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Quote from: adpinbr on December 25, 2013, 07:23:18 PM

Thinking of going long on AMD due to the litecoin mining arms race. Thoughts/opinions?

Had the same idea a couple weeks ago and went over AMD's past couple quarterly financials. Could not get a real clear picture as to what portion of their revenue/business is directly related to the popular mining GPU lines. Someone with a little more experience with AMD records might have a better idea.

While I do think it is significant enough to increase their numbers for Q4, I don't think it will be as influential as it would for an actual card manufacturer(HIS, MSI, Saphire ect.) Unfortunately the couple I've researched are private companies or part of large foreign holding groups...

CryptoCoinSolutions

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Quote from: adpinbr on December 25, 2013, 07:23:18 PM

Thinking of going long on AMD due to the litecoin mining arms race. Thoughts/opinions?

I think China, as the new premiere and president turn China towards its domestic markets, I think China will be buying a lot of GPU, not just U.S. and western customers. I think the biggest purchaser of high end AMD GPU is going to be China as their fiat funnel into the exchanges is broken and threatened, so they will mine coin, more and more.

The day a Scrypt ASIC or specialized solution comes out, sell, and short AMD. I think it is a very logical play.

LiteCoinGuy

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In Satoshi I Trust

what i know is that litecoin has alot upside potential in the next 12-24 months.

adpinbr

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★Bitvest.io★ Play Plinko or Invest!

Thinking of going long on AMD due to the litecoin mining arms race. Thoughts/opinions?

Topic: bitcoins effect on the "real" markets...AMD may be the first (Read 684 times)