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hi burnside, I just want to say that I **HATE** having to login to view the virtual market, because with my settings I have to find my phone to view my 2 factor authentication codes, which is not always in reach when I am just lounging around
this is forcing me away from the site to coinflow.co , maybe less traffic is part of your master plan, but I don't know if that is the desired effect
edit: just realized I could disable 2fa for login.
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I like how liquid labcoin is
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Be careful. While it's exceedingly overbought and certainly in a bubble (which will ultimately pop), equity strength usually continues in the absence of major divergences.
so true, OP look at netflix for instance, it was overbought and in a bubble when it first hit $140 a share, when it hit $200 a share, AND when it hit $300 a share it was obvious to anyone that looked that they had a lot of debt that would be due soon but this ***never*** became "already priced in" as analysts & economists would say it finally crashed to $70 over multiple quarters, and declined a little further below an expected value Tesla is following a very similar story, regarding debt and share price increases I don't see how netflix supports this position, since it was at $63 one year after it was at $140. I see that if I shorted at $140, I would have been squeezed out of my short at $280 and forced to buy back, eliminating any gain from the crash. I don't consider a short squeeze a problem with Tesla, because if the price doubles in a year, putting it near GM market cap, I will want to short it with a position several times larger than the position I am currently looking at. Tesla has sold 15,000 vehicles. GM sells 15,000 every two days. Is it overbought? I see them all over the place in LA.
Almost half of Tesla sales are to California. What you are seeing is not representative of the US market. The market can stay irrational longer than you can stay solvent. |
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Be careful. While it's exceedingly overbought and certainly in a bubble (which will ultimately pop), equity strength usually continues in the absence of major divergences.
so true, OP look at netflix for instance, it was overbought and in a bubble when it first hit $140 a share, when it hit $200 a share, AND when it hit $300 a share it was obvious to anyone that looked that they had a lot of debt that would be due soon but this ***never*** became "already priced in" as analysts & economists would say it finally crashed to $70 over multiple quarters, and declined a little further below an expected value Tesla is following a very similar story, regarding debt and share price increases |
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TheSwede75 said news will be announced earlier next week and yuansuyi published a link to SZICC's TSMC plan which implies LABCOIN will get out of fab before 2013-08-28. This is congruent with previous announcements. thanks, are updates being posted in a central location yet? It isn't practical for me to follow this particular thread for important things |
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Patience is a virtue yet time is of the essence.
exactly, this is compounded by the fact that we are talking about the live share prices on a Saturday things move fast here, in comparison, trading sessions most other non-bitcoin stock exchanges are only 8 hours a day |
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who the hell is jeffrey ownsby?
VP of Marketing at BFL |
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Sorry, guy, but I cannot understand this market psychology  Share price is going down and down like asicminer, but why??? If I had a lot of free money, I would buy tonns of basic-mining shares right now, because I believe, it is the best way to invest money at btct.co I have an experience in investing money at other exchanges, in internet companies and in the real sector of the economy. But I have never seen such unjustified ups and downs. Sorry, if my English is bad People often say it like BASIC-MINING is the best investment ever, but I'm afraid they (and you, specifically) just do not understand Bitcoin mining economics; Currently difficulty increases at a very fast pace, like 30% each 10 days. This is insane, you have to increase your hashrate 30% just to mine same amount of Bitcoins per day. Of course, buying 30% more hashing power costs a lot. Currently BASIC-MINING has money to do this, but it cannot do it indefinitely. E.g. suppose currently it costs 100 BTC to increase hashing power, in 10 days it would cost 120 BTC, and so on. If current reserves are 800 BTC, they will last no more than 80 days. On the other hand, P/E suggest that investors assume that BASIC-MINING will be able to pay approximately same dividends at least for 4 years. This means that share price is about 10x higher than it should be. But I'm afraid you people will only understand it in a couple of months when reserves will dry out. +1 Companies like basic and cognitive where its just an individual buying ASICs to mine are going to crash/have been crashing. There is no way they can keep up with difficulty increases. The only profitable companies are going to be those that can produce their own ASICs, not ones that have to buy someone else's ASICs. I actually disagree with the forming consensus here. I'm not sure the value of bASIC stock, but I would be quite happy with divs right now even short. BTC rise is causing also some of this apparent devaluation. But bASIC is very well managed to my observation. He has kept up with difficulty increases and will continue to do so at an economic pace. Are you doing the math? It is very well managed, but killerstorm is saying that this will be impossible eventually, which is true to an extend but some variables are being neglected a) difficulty changes. yes there are periods where these kind of revenue shares act like PMBs due to accelerated rise in difficulty changes. in other periods the difficulty will plateau or decrease, due to exchange rate fluctuations, in those scenarios it will make these kind of revenue shares shine, as well as when the reserve funds replenish b) the reserve funds. this will dwindle, yes, but during periods of accelerated difficulty rising. Given what we know about ASICs to be coming online, the parabolic difficulty rise can be expected to continue into January 2014. But, this is not an absolute, as difficulty *should* be where it is now, way back in June when Avalon/BFL and the likes were expected to have shipped already. So, given 80 continuous days of ~30% difficulty rises, yes BASIC-MINING will be having an issue with funding expansion c) power limitations: BASIC-MINING has 50A of electricity to currently plug in to. So it cannot just acquire current hardware willy nilly to expand. By the time this is reaching a limit, it is expected that more efficient hardware will exist and less efficient hardware can be swapped out (or be obsolete by then). But again, this is only relevant in periods where big expansion is necessary |
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haha yeah People are watching the prices of pass thru's which can trade above and below NAV. similarly, people with direct shares can transfer them to the pass thru's to sell them. The liquidity has improved but can still be distorted When I had a large Asicminer position I sold at 5 btc, might add to my small position, but its tough to say |
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I love the daily dividend emails
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Sorry, guy, but I cannot understand this market psychology Share price is going down and down like asicminer, but why??? If I had a lot of free money, I would buy tonns of basic-mining shares right now, because I believe, it is the best way to invest money at btct.co I have an experience in investing money at other exchanges, in internet companies and in the real sector of the economy. But I have never seen such unjustified ups and downs. Sorry, if my English is bad 29% difficulty increase, temporary less return, illiquidity |
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Hello, btc-e says they have a 0% fee currently for using OKPay to fund an account.
how good is OKPay for an American? are there any limits to how much you can transfer? How long does it take? etc
thank you
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Looking for trading partners in New York City because I would like to buy litecoins with cash.
and there is nothing as convenient as coinbase level 2, but for litecoins.
it is definitely not convenient to get litecoins when there is a fire sale on an equity at a the litecoin stock exchange
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Just had to drop in between projects to say its always exciting to see those dividends shoot up! Equally exciting is the sleek new site, imho it beats most other BTC securities' webpages by a long shot.
What I do find absurd however, if I may lose face for the time being, are the amount of people's funds being invested into other unproven, high risk, expensive startups rather than bASIC. It's beginning to feel like a gentlemens club around here with "everyone" tossing money around all willy-nilly!
Shenanigans.
yeah basic is pretty well priced, structured and managed for good returns, as long as creativex can keep up his full time job of acquiring machines |
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very cool, I would be interested in litecoin too
I don't know how many others would be, but there are inflows into that economy
The future may BTCT deal, you know what that means  actually I don't understand that sentence |
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very cool, I would be interested in litecoin too
I don't know how many others would be, but there are inflows into that economy
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The one thing I don't quite see: why is Cog and Nasty priced (consistently) higher? Shares outstanding. bASIC-Mining has 51,625 shares outstanding post 10:1 split(+minirig SC purchase). bASICally our share price is close to lapping our competitors' as it's up 720% since the first share was sold. A purchase of 1 share of bASIC-Mining for .33 on 12/17/2012 would now be worth 2.7069(10*.27069) based on the 7dAvg and would have returned approximately .09BTC in dividends as well. I won't even attempt to calculate the return if DRiP had been enabled as soon as it was available as my maths are not that l33t. I believe I mentioned protecting and increasing shareholder value in the original contract. Eight months later I remain committed to this concept. Cheers. Reinvesting those unused funds into AsicMiner paid off very well too got to get in on some very high paying divid weeks! I can't wait to see what this reinvestment money gets spent on come October when all this "new tech" comes out. oh yeah, I forgot we did that |
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Can you back up the "hundreds of TH a month" statement please? Bizarre they're operating 50 if so.
from what I hear it's pretty difficult to find high power density server rooms in China so the deployment is definitely not an easy task. even in shenzhen? |
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