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1001  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: June 19, 2013, 01:47:00 PM
Nobody guessing dividends today? Sad

Above 0.2 for sure
1002  Other / Politics & Society / Re: Force all Law Enforcement Officers to wear uniform embedded cameras. on: June 18, 2013, 01:51:20 PM
invasion of privacy of the officer though?
1003  Economy / Securities / Re: $50 per share.. Each Share = 3 Bitcoin Return Guaranteed! in 12 months? on: June 18, 2013, 01:10:35 AM
Your refresh out of newbie area account, and promise of 6000% annual return, is very convincing. I'm in.
1004  Economy / Securities / Re: S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx on: June 18, 2013, 01:07:14 AM
Again, not a shareholder, but S.DICE holders might wish to know:

Eric stated that the betting pool was 6100 BTC.
The lessthan 64 bet has a payout of 999.429x and a max bet of 6.4100 BTC.
999.429 * 6.4100 = 6406.33989

6406.33989 > 6100

That is all. Draw your own conclusions. I am not a laywer or broker, and this is not financial advice.

If you are betting 6.4 BTC on the lessthan 64 bet, by all means, go ahead, SDice shareholders will thank you. By the time you actually win, the betting pool would look something like 12k BTC at least. Unless of course you are extremely lucky and win in a few play.
1005  Other / Politics & Society / Re: PRISM - Who else is disgusted by this? on: June 17, 2013, 06:29:24 PM
In our apartment complex, there has been a series of car radio thefts, resulting in smashed windows and damaged cars. Should we install security cameras (but losing tenant privacy?), or not? I think losing some privacy for the greater good, is required.
You could help reduce unemployment and hire someone to keep an eye on them.

So instead of electronic Surveillance, the NSA should hire about 100k more employee, to physically watch every single potential terrorist?
1006  Other / Politics & Society / Re: NSA admits listening to U.S. phone calls without warrants on: June 17, 2013, 04:30:32 PM
To catch terrorists, it's ok.
1007  Other / Politics & Society / Re: The Pension Crisis on: June 17, 2013, 04:28:48 PM
pension is an evil evil system.
1008  Other / Politics & Society / Re: PRISM - Who else is disgusted by this? on: June 17, 2013, 04:24:00 PM
In our apartment complex, there has been a series of car radio thefts, resulting in smashed windows and damaged cars. Should we install security cameras (but losing tenant privacy?), or not? I think losing some privacy for the greater good, is required.
1009  Economy / Securities / Re: S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx on: June 17, 2013, 03:49:06 PM
The poorly thought out MPEX contract is already revealing its problems.

100 % of profits are paid to shareholders. Absolutely zero room for reinvestment. Basic probability theory says it's guaranteed SD will exhaust its pool eventually. What then? Who bails it out? On what terms?

The likelihood of this happening rises enormously with raised limits or lower house edge. A competitor can come along with deep pockets and improve either of those.

Worst it would seem this contract straitjacket cannot be changed. How then can SD compete and survive?

Quite unfortunate. There should have been made room for the "representatives" to decide monthly on potentially reinvesting up to say 10% of earnings. I suspect hubris is what prevented such a common sense clause from being written, along with the other issues like lack of transparent balance sheet.

Erik's personal profits are backing the pool, it's extremely unlikely SDice can exhaust the pool.
1010  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: June 17, 2013, 03:39:17 PM
dividend prediction for wednesday: .025

.03+
1011  Economy / Speculation / Re: MTGOX trade post Dwolla on: June 16, 2013, 11:57:19 PM
dwolla was key to mtgox's popularity, without dwolla, mtgox is just another hard to get fiat into exchange.
1012  Economy / Speculation / Re: Looks more and more like a 2011 repeat on: June 16, 2013, 11:54:06 PM
all bubbles/pump&dump look alike
1013  Economy / Securities / Re: ASICMINER Speculation Thread on: June 16, 2013, 06:27:14 PM
They said 0.42 for AM was that crazy price while I was going for a snorkeling trip, but the boat was 15 minutes late and I saw Jaturol god selling for 0.5, so I took 280 shares from him that day just for the sake of dividend, best moment of my bitcoin career.

I see bitfury and kncminer are the threat to AM, but I still don't think anyone can make asic cheaper than AM residing in China, cheapest place for pumping chips, along with their current lead in what they're doing. Plus, no need that preorder bullshit to raise fund.

I regret that I didn't want to get in AM due to the difficulty of not having an exchange. I only got in after it was available on btct as a PT, at 0.65.
1014  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: June 14, 2013, 01:21:29 PM
Now that the sell wall is out of the way with the 2000 share auction @ 2.50 btc, its a good time to repost this analysis

ASICMiner market cap =
BTC 1152000  (@ btc 2.88/share)
$117,504,000   (@ $102 btc/usd)

Yet bitcoin's market cap =
11,274,675 (bitcoins mined)
$1,150,016,850 (@ $102 btc/usd)

and ASICMiner =
24% of total hash rate ( http://blockchain.info/pools )

yet ASICMiner currently trades at =
10% of bitcoin market cap

without issuing dividends ASICMiner should trade at =
24% of bitcoin market cap

this puts the share price at =
BTC 6.76  ( (BTC's issued * .24 ) / 400000 shares )

and this represents a =
234% price increase from today's prices

ASICMiner does issue dividends making the shares more attractive than holding bitcoins and would logically trade at a premium to its network value (the % it contributes to the bitcoin network)

ASICMiner shares are very cheap.

ASICMiner plans to increase its hashing capabilities by a large factor putting it closer to 33% or 40% of the hash rate, and this is not currently priced in to the stock price.

Disclaimer: stslimited is long ASICMiner.

feel free to repost, and discuss this pricing analysis. This analysis does not include possible negative factors yet based on available information, this analysis does not see those negative factors rationalizing the share price being 1/3rd of the value computed above.

Not sure why you think AM should be 24% of Bitcoin market cap, the coins that are already mined, are not owned by AM. Unless you think miners at any time, combined, should be worth 100% of Bitcoin marketcap, which doesn't make any sense.

AM's potential profits comes from the coins that are not yet mined, and also selling hardware. These two are actually the same thing, by selling hardware, AM is creating competition to itself. Realistically, we can assume AM will maintain, on average, 20% of network for at least a few years, and then who knows what happens, a few competitors are developing sub 50nm process, which will hugely beat AM's hardware(though AM is also looking to do this in the near future).
1015  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: June 13, 2013, 07:28:24 PM
BTC3 here we come
1016  Economy / Securities / Re: Asicminer valuation on: June 12, 2013, 03:07:43 PM
Do I get this number right?

400k shares multiplied by 2.5 bitcoin is 1 million bitcoin.

That is $112 million dollar valuation.

Am I reading this right? The start up capital is $100k only?

BFL took in a similar amount of money in USD terms, and has delivered what? 5% of ASICMINER's hash rates?
1017  Economy / Speculation / Re: Will Satoshi Dice be a better investment than Bitcoin coming half year? on: June 11, 2013, 10:48:54 PM
sdice is a good investment only if you expect BTC value to stay the same or drop.
1018  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: June 11, 2013, 09:35:28 PM
Any speculations about sharepricedevelopment?

We will see above BTC3 this year for sure.
1019  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: June 11, 2013, 02:18:48 AM
ASICMiner has overtaken BTCGuild and 50BTC to be the largest mining "pool" (as of this post's time stamp)!!!

http://blockchain.info/pools

Shareholders rejoice!!

two words: holy shit

This is no small achievement.
1020  Economy / Speculation / Re: RALLLLY!! on: June 11, 2013, 12:17:36 AM

Sorry let me try that again



Holy Crap! Rocket jump IRL!

That looks like a freddie wong production.
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