Pages:
Author

Topic: [PicoStocks] 100TH/s bitcoin mine [100th] - page 69. (Read 470099 times)

sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
There is still a market.  One of the principals is willing to sell at a certain price.  If people think its worth more, they can buy and profit.

No, they cannot, because tytus may and likely will enter the market and take away that profit. It's not about what people think it is worth, it is about what tytus thinks it's worth. That's the entire argument. If he freaks out, like he's done before, then any bad news may lead him to cause people to lose money. If bitfury now says that "damn, there's something wrong, we'll need another two months" then why wouldn't tytus take that out on investors by lowering the price he thinks it's worth?

.b

sr. member
Activity: 420
Merit: 250
dude I don't care about your personal holdings and I don't read every post of yours to scrutinize them carefully.  that post includes anyone who thinks its worth more.

There is still a market.  One of the principals is willing to sell at a certain price.  If people think its worth more, they can buy and profit.  Everything else is drama, though to be fair, its the only reason I'm in the thread right now Smiley

How high above .4 were you really expecting?  There isn't ALWAYS another sucker to sell to....

Uhm... Which part of this conversation did you not understand? I don't expect it to go anywhere, up or down. I expect the market to decide. I don't expect tytus to decide.

.b


buy them at his price if you think its worth more.  You're just frustrated that there won't be an endless supply of suckers to sell to at low volumes.  This has nothing to do with markets.

Ah, well, again, because it seems your ability read is challenged: I do not hold any 100TH shares. I benefit from a limit on price. tytus helps me. Financially, I would cry from joy if he dumped the price to 0.2.

If I could trust him to stay away from market manipulation, I would buy. That's why I suggested moving 100TH away from tytus' control and onto another exchange to make it a viable investment again.

.b
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
How high above .4 were you really expecting?  There isn't ALWAYS another sucker to sell to....

Uhm... Which part of this conversation did you not understand? I don't expect it to go anywhere, up or down. I expect the market to decide. I don't expect tytus to decide.

.b


buy them at his price if you think its worth more.  You're just frustrated that there won't be an endless supply of suckers to sell to at low volumes.  This has nothing to do with markets.

Ah, well, again, because it seems your ability read is challenged: I do not hold any 100TH shares. I benefit from a limit on price. tytus helps me. Financially, I would cry from joy if he dumped the price to 0.2.

If I could trust him to stay away from market manipulation, I would buy. That's why I suggested moving 100TH away from tytus' control and onto another exchange to make it a viable investment again.

.b
sr. member
Activity: 420
Merit: 250
How high above .4 were you really expecting?  There isn't ALWAYS another sucker to sell to....

Uhm... Which part of this conversation did you not understand? I don't expect it to go anywhere, up or down. I expect the market to decide. I don't expect tytus to decide.

.b


buy them at his price if you think its worth more.  You're just frustrated that there won't be an endless supply of suckers to sell to at low volumes.  This has nothing to do with markets.
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
Meanwhile people started to realize that bitfury and tytus might not be the scammers they have been portrayed as and already took notice of the chip test reports on the russian boards.

I don't think neither tytus nor bitfury are scammers. I belive bitfury is absolutely brilliant and I've bet a substantial amount of money in his success.

I don't believe tytus is a scammer either. I believe he is massively inexperienced and afraid; that inexperience and fear has lead him to kill 100TH as a viable investment by committing acts that in all regulated markets would lead to massive fines or jail time and at the very best should scare investors from leaving money in that asset as long as it is under the control of tytus.

I've written my article on what happened and why it's a disaster. I never heard from tytus fater my invitation for comments, but I still welcome him to publish comments on the article if he so desires.

http://coin.furuknap.net/100th-went-from-great-investment-to-disaster-in-one-act/

.b
hero member
Activity: 896
Merit: 1000
How high above .4 were you really expecting?  There isn't ALWAYS another sucker to sell to....

Uhm... Which part of this conversation did you not understand? I don't expect it to go anywhere, up or down. I expect the market to decide. I don't expect tytus to decide.

.b

Probably someone trying to delay users of other exchanges where ROI perspectives are lower gathering to picostocks and buying shares with more potential.

Selling MPOE stocks, transferring the Bitcoins to picostocks and buying 100TH stocks takes time. Meanwhile people started to realize that bitfury and tytus might not be the scammers they have been portrayed as and already took notice of the chip test reports on the russian boards.
FUD spreading is the only way to delay this flock a bit while grabbing some cheap shares ;-)
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
How high above .4 were you really expecting?  There isn't ALWAYS another sucker to sell to....

Uhm... Which part of this conversation did you not understand? I don't expect it to go anywhere, up or down. I expect the market to decide. I don't expect tytus to decide.

.b
sr. member
Activity: 420
Merit: 250
hero member
Activity: 631
Merit: 500
almost...there....

https://bitcointalksearch.org/topic/m.2512453
:-) 5 times check .... and almost 99.9% of matches )))) So we can say that the kernel is exactly what you need them to be considered :-) It remains now work load and view error rate


was dicey for a little bit with unexpected bit sequences...
legendary
Activity: 1029
Merit: 1000
Looks like more and more parts of the chip works!
https://bitcointalksearch.org/topic/m.2499572
Power efficiency is amazing, if it will confirms it will be 10 times better than competition (Avalon, ASICMINER)!
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
Yeah, he got already crowd-kicked from ASICminer thread for that recently.

You go ahead and believe that's what happened, just like you'll go ahead and think this is OK.

.b
full member
Activity: 223
Merit: 100
To chime in again:




3) not trying to manipulate the market here. just trying to talk some sense into people, all this fingerlicking greed isn't going to lead us anywhere.

^^ This
It wasn't furuknap who posted such nonsense, it was his greed.
He probably made 100% ROI in a week or two and he wanted to make 200%.
Tytus how could you?? How could you sell stocks you bought earlier yourself at IPO price?


+1
Yeah, he got already crowd-kicked from ASICminer thread for that recently.
member
Activity: 76
Merit: 10
To be or to have
Ok. got chips. they're nice! first I'll start with measurements of board...
newbie
Activity: 14
Merit: 0
full member
Activity: 141
Merit: 100
Buying shares (no bond, there's no interest nor debt) in a potential mining asset = buying lottery tickets without a prize fund. The only garantuee we have, is that the invested money will be spent out of our control. And I don't see the joy in your lottery, furuknap: I expect too much of your particular rules to obey.

In general, only selling of shares on which capital goes to the underlying venture has use for a venture, to raise productive capital.

The aftermarket and the (subsequent) gamblers on these shares, who think they are king, don't provide any use to the venture. It's just distraction.
hero member
Activity: 756
Merit: 522
member
Activity: 61
Merit: 10

So let me get this right, they are offering just over 2 Ghash/s for just over $400?

In my opinion it's not worth the expense at that price. We should get more like 6 Ghash/s.

100TH is a bubble. Buyers beware.

People are paying up to $300 for a 0.3 Ghash/s Block Erupter USB, so don't be surprised if 100TH shares reach 2x or even 3x their current price.

Breaking even will be heavily dependent on 1) how soon 100TH comes online and 2) the BTCUSD exchange rate during the first six months after that.
member
Activity: 76
Merit: 10
i think the 0.4 BTC ask wall is a fair move. there's already more than enough unfounded speculation going on and an ask wall at 0.4BTC gives still enough headroom for profit if you're only in it to speculate with shares.

Either you have no idea how a stock market works or you're just trying to further manipulate the market. This isn't a fair move, it is a catastrophe.

I'm happy I got a good rise from my 'investment' but when I'm held back in the potential reward I can get in an open market simply because the issuer doesn't think the market knows what it's doing and want to control that, I can't be on board anymore. I'm taking my profits and walking out.

I really can't see why people would want to invest more risk into this asset as it's clear that their reward for doing so will be taken away by the exchange.

.b

It's a catastrophe if you are planning to pump and dump. For long term holders who want to buy hash rate it's better.

I wont be touching this bond. I can see now it's only going to be dumped once you and others get to a certain amount of profit. Good for speculators but for people who want dividends stick with ASICminer.
How do you think the asicminer share value will develop when competitors start selling miners with 65nm techonology? I think that's going to affect their hardware sales. Asicminer currently has around 30Thash deployed which equates to 75Mhash per share and one share costs ~3BTC. On 100Thash you are getting 200Mhash from a 0.4BTC share. For asicminer to deploy 100Thash it will require a lot more resources because the power consumption of their chips is over 10 times more than the bitfury chip.

If 100Thash will be deployed on the next month the dividend for the first month will likely be near 0.1BTC per share. Based on that 0.4BTC per share price doesn't seem really high to me.
hero member
Activity: 714
Merit: 510
i think the 0.4 BTC ask wall is a fair move. there's already more than enough unfounded speculation going on and an ask wall at 0.4BTC gives still enough headroom for profit if you're only in it to speculate with shares.

Either you have no idea how a stock market works or you're just trying to further manipulate the market. This isn't a fair move, it is a catastrophe.

I'm happy I got a good rise from my 'investment' but when I'm held back in the potential reward I can get in an open market simply because the issuer doesn't think the market knows what it's doing and want to control that, I can't be on board anymore. I'm taking my profits and walking out.

I really can't see why people would want to invest more risk into this asset as it's clear that their reward for doing so will be taken away by the exchange.

.b

It's a catastrophe if you are planning to pump and dump. For long term holders who want to buy hash rate it's better.

I wont be touching this bond. I can see now it's only going to be dumped once you and others get to a certain amount of profit. Good for speculators but for people who want dividends stick with ASICminer.
Pages:
Jump to: