You're too new to be aware of most of the basic facts of the matter, such as the basic fact that MPEx was here before Asicminer, and is still here (showing gains, apparently?!) as Asicminer is vanishing into thin air (not least because of
their own poor management skills).
Somehow a steady decrease in dividends equates to showing gains? And being around a whole a year before asicminer makes you a much more mature company.
Somehow paying out 5 times ipo in dividends counts as a failure?
Its not exactly fair to compare mpex to a real company like asicminer just because you made a few thousand btc from gamblers the past year.
Look at the prices of the shares: MPOE has consistently gone up, Asicminer went into a huge bubble and is almost down to its IPO price, losing about 90% off its high. In bitcoinland, lasting one year is significant.
Asicminer was not a failure for people who bought at the IPO price, but what about people who bought when the price was above 5 btc per share?
Which is a real company? Which one is run by an anonymous internet persona who sometimes deigns to communicate and which is run by a person who states their identity and signs it with a gpg signature to prove it and gives monthly financial reports signed by that same gpg signature? Which has a potential for growth in the future and which is withering away?
Just because a few people bought at 4btc/share when AM had a monopoly on the asic market doesn't mean AM is worth any more or less. AM is about to release next gen hardware that will hopefully bring back 10% network hashrate. Potential growth and dividends are huge.
Mpex on the other hand is a casino that is getting more and more expensive to join with less and less rich gamblers using the service. Explain to me how this can possibly result in future growth?
For mpex to be worth 1 million btc @ 30% apr it would need to increase profit around 50000% compared to last quarters. Simply ridiculous and will never happen.
For AM to grow it needs to sell hardware in a market full of people looking for competitive hardware.
For mpex to grow it needs a steady stream of new users/gamblers which will bet ~100 times the amount of last years gamblers (10000 times in usd)
Also gpg signature doesn't mean shit imo. Does anyone know if mr popescu is even a real person? Has anyone met him in real life and verified identity? I bet mr P could disappear with all the money right now without any problems. Being anonymous is an option in the bitcoin world (albeit a risky option for investors).
