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Title: 10 ASICminer direct shares - Fixed Price Post by: GreatBug on May 21, 2013, 11:05:35 PM I'm willing to sell up to 10 of my ASICminer direct shares at a fixed price of 3.0 BTC per share.
Yes, I know this is above recent market prices of ~2.6 - 2.7 each, but this format might appeal more to people who want to avoid the timing of traditional auctions or don't fully understand/trust 'pass-through' shares. I would prefer to sell in chunks of 5 in order to keep friedcat's overhead to a minimum. Escrow through JohnK is fine by me, but you pay the fees if you want it. Thanks! Title: Re: 10 ASICminer direct shares - Fixed Price Post by: TheJuice on May 21, 2013, 11:09:18 PM Bubble of ASICMINER?
@ 3 BTC per share, ASICMiner is worth >10% of all the bitcoins that exist... Crazy. Title: Re: 10 ASICminer direct shares - Fixed Price Post by: GreatBug on May 21, 2013, 11:18:11 PM Yes, I agree ASICminer is probably approaching 'bubble' status -- that's why I'm willing to sell a few shares :)
While probably not worth >10% of existing coins, I believe they do control over 10% of today's hashrate (and growing!) Title: Re: 10 ASICminer direct shares - Fixed Price Post by: TheJuice on May 21, 2013, 11:27:41 PM Yes, I agree ASICminer is probably approaching 'bubble' status -- that's why I'm willing to sell a few shares :) While probably not worth >10% of existing coins, I believe they do control over 10% of today's hashrate (and growing!) Last check they were around 20% total hashrate. It's worth 150 million. I'm not sure if they give out 100% of profits, but based on last weeks dividend/profit the P/E ratio is 78, I believe. Title: Re: 10 ASICminer direct shares - Fixed Price Post by: GreatBug on May 21, 2013, 11:32:04 PM Last check they were around 20% total hashrate. It's worth 150 million. I'm not sure if they give out 100% of profits, but based on last weeks dividend/profit the P/E ratio is 78, I believe. I believe they generally distribute 100% of the profits, and they hold more than 50% of the 400k shares. Title: Re: 10 ASICminer direct shares - Fixed Price Post by: seljo on May 22, 2013, 09:20:12 AM So why is everyone selling ASICMINER shares?
Title: Re: 10 ASICminer direct shares - Fixed Price Post by: Caesium on May 22, 2013, 09:22:03 AM I'm not selling mine.
Title: Re: 10 ASICminer direct shares - Fixed Price Post by: CMMPro on May 22, 2013, 11:11:42 AM "Everyone" is not selling shares....
I believe you are seeing a few early investors taking some profit buy sell a few shares, or a few hundred at auction. If I made a few hundred bitcoin in 8 months I would think about doing the same and correspondingly reducing my position. Totally understandable. Title: Re: 10 ASICminer direct shares - Fixed Price Post by: dmcdad on May 22, 2013, 01:49:24 PM Also those of us selling some shares (myself included) aren't selling all of our shares. I still think AM has good value given the dividend history and potential for lucrative hardware sales.
Title: Re: 10 ASICminer direct shares - Fixed Price Post by: BitAddict on May 22, 2013, 03:27:32 PM "Everyone" is not selling shares.... I believe you are seeing a few early investors taking some profit buy sell a few shares, or a few hundred at auction. If I made a few hundred bitcoin in 8 months I would think about doing the same and correspondingly reducing my position. Totally understandable. This ;) |