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Yes, FC has deservedly done well. But I was referring to the reserves Asicminer development funds.
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You are probbaly right; but do you think FC may lower his take since the btc price has risen?
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Div prediction? I'm thinking around .007 in edit while I'm here, this is worth viewing if you haven't seen it: Bullish on bitcoin 22 October 2013 Richard Brown, executive architect, IBM thinks the future for crypto-currencies looks very bright. http://www.finextra.com/Video/Video.aspx?videoid=513 |
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Okay so I read that btctc is closing... Is there any way to keep shares? :O
Probably, yes. I highly doubt they'll just disappear... I think having balls now and loading up on shares in the panic will be quite profitable. I am literally crying over my keyboard because I don't have coins to buy them cheap shares........ Me too, but it looks like trading has been stopped. Probably PT shares will be xferd to direct. edit: trades still occurring, despite this " Effective immediately, in conjunction with this release, trading will be halted," ?? |
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Over 200TH/s on short term, but yeah trend is certainly higher over a week.
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Is AM hashrate skyrocketing or am seeing things?
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Does this apply to those of us who live in a Buddhist country?
Fair point but is it necessary to list all the possible exceptions, those who can't walk? those who don't live near a city? those in a boat? those who are actual nazis? etc. |
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Those defending Lophie's avatar, put it on a t-shirt and go for a walk downtown. Then come back and tell us it's merely a buddhist peace sign.
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You're a fucking moron. Do a google search for "biggest company". Wikipedia, CNN Money, Forbes - all use revenue.
Don't attempt to backpedal with some "oh, well, only value matters" argument. You said "size", I responded to that, then you attacked me for my ignorance, despite the fact you were clearly demonstrating your own, and that I provided evidence you were incorrect.
The point here is - 10% margin is quite good, on average. That is fact.
(Do a google search for "most valuable company" too.)
Are you really employed? Can you communicate with others in a work situation? I highly doubt it. When someone referred to largest company in the world most of us I'm sure knew what he meant, and I'm betting you knew what he meant, but you had to add your qualifier after the fact, largest BY REVENUE, to prove ( to yourself at least) you were right, again, as always. Not that any are needed but there are plenty of authoritative sources that show YOU ARE WRONG eg Financial Times call Apple no 1. International Business Times list Exxon, Apple, Google, Microsoft. You're fond of linking to investopedia, so stick this up your a** http://www.investopedia.com/stock-analysis/2012/is-apple-really-the-largest-company-ever-aapl-msft-xom-ptr0821.aspx. (go on, twist it any way you choose) Oh, and have you seen a doctor yet? Seriously, you need to talk to someone, it will be good for your long term investing, work and social life etc. |
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Right. Intelligent conversation like the pages and pages of "TO THE MOON!" and "when are we going to hit 10 BTC??", followed by "WHY DID THE SHARE PRICE DROP???"
The appearance of a contrarian opinion was a warning sign to those who weren't keeping their heads in the sand.
More lies easily disproved with a simple search. |
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$1.50/GH
He never published it. It's an estimate based on FC's old balance sheet, where he had listed the total cost of making all the hardware. Then I figured about how many TH he'd produced based on his total sale profits divided by price/TH, plus the known farm size (~50 TH).
Not only are you basing your guesstimate on 3 of your own guesses, one of those three happens to be derived from the number you are trying to calculate! Awesome logic. Care to say which of those 3 is derived from the number being calculated? It is most certainly not clear. Are you confusing sale price and manufacturing cost? nice logic can we have some more??
Supplied on a regular basis. No only FUD is supplied here on regular basis. You should spook IPO investors by saying that AM is "probably worth less than BTC0.05" (halving their original investment). That might entice a nice selloff.  See, if I was an AM investor, the thing that would really scare me is the need to resort to this kind of "argument". It's like you can't come up with a single rational counterpoint - oh shit, better set up some straw men! Most of us can see it's all FUD. You call it math and logic; we know it's guesses, opinion, and faulty logic. Remember it was only a week or so ago you admitted you just don't know, which of course was already clear to most of us here. You're just making speculative guesses based on narrow-minded scenarios, and patting yourself on the back at every turn, despite there being far more profit made on the long side. You're on here almost 24/7 spreading FUD, spamming the thread, even from your phone which must be a real pita, even 1st thing in the morning when you're still 'groggy' as you just mentioned above. Wow. Maybe it's time to see a therapist? You actually did promise to stop spamming a few weeks ago, what happened to that? If you're so right why do you feel the compulsive need to constantly be asserting your brand of "math" and "logic"? You're speculating (put options) in a speculative stock (AM) on a virtual exchange in a speculative economy (bitcoin), with no financial reports whatsoever, in a venture less than a year old, so please spare us the 'value investor' bullshit, do you realise how ridiculous you sound? I'm not sure how ridiculous I sound, but you definitely sound a little mad. No, not mad. There used to be lot's of intelligent conversation here, but now it's just littered with your FUD. You might as well have your own thread. |
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nice logic can we have some more??
Supplied on a regular basis. No only FUD is supplied here on regular basis. You should spook IPO investors by saying that AM is "probably worth less than BTC0.05" (halving their original investment). That might entice a nice selloff. See, if I was an AM investor, the thing that would really scare me is the need to resort to this kind of "argument". It's like you can't come up with a single rational counterpoint - oh shit, better set up some straw men! Most of us can see it's all FUD. You call it math and logic; we know it's guesses, opinion, and faulty logic. Remember it was only a week or so ago you admitted you just don't know, which of course was already clear to most of us here. You're just making speculative guesses based on narrow-minded scenarios, and patting yourself on the back at every turn, despite there being far more profit made on the long side. You're on here almost 24/7 spreading FUD, spamming the thread, even from your phone which must be a real pita, even 1st thing in the morning when you're still 'groggy' as you just mentioned above. Wow. Maybe it's time to see a therapist? You actually did promise to stop spamming a few weeks ago, what happened to that? If you're so right why do you feel the compulsive need to constantly be asserting your brand of "math" and "logic"? You're speculating (put options) in a speculative stock (AM) on a virtual exchange in a speculative economy (bitcoin), with no financial reports whatsoever, in a venture less than a year old, so please spare us the 'value investor' bullshit, do you realise how ridiculous you sound? |
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I have to say though, I am amazed by the level of trust I've seen in this community. The market cap of this stock is good example.
A lot of AM investors have already received their money back in dividends. Anyone that bought in late Feb - early March has gotten their ROI, AM has paid out a total of about 0.54/share. Indeed, but in terms of fair valuation of this stock past divs doenst matter. Only future divs matter. I personally think that the early bird advantage is gone and now as the big guys are entering the market the competetion ist going through the roof. That means WAY lower profit margins for every ASIC producer and thus means WAY lower divs in the long term. Special time is over imo. The issue was one of trust, which Friedcat clearly has in well-deserved abundance. In terms of fair valuation for AM you are saying this trust is worth nothing. I disagree. Future divs, heck even next weeks' divs are only a wild-ass guess, so good luck arriving at a fair valuation on that basis. If bitcoin takes off as we all hope it will, as an asset, a protocol, a platform, etc. spawning whole new products and services, and FC keeps adding new revenue streams (such as the recently added franchising), who knows where we will be in 5 or 10 years time? One day soon you might look back and see this stage as early bird? |
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I have to say though, I am amazed by the level of trust I've seen in this community. The market cap of this stock is good example.
A lot of AM investors have already received their money back in dividends. |
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Well, if I was going to try and do better, I'd probably start by spending the bitcoins I collected with the intention of spending.
You don't know what arrangements and deals FC has in place, or with whom, so STFU. |
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We've been working on a program called The Bitcoin Phenomenon for SQ1.tv.
In my view, the closest analogue to bitcoin as an asset is .com domain names, not a currency. Let me explain:
...
Similar to the supply constraint of 21 million, the number of memorable, pronounceable dot-com domains is limited. To find an unregistered .com of any commercial value is difficult, but not impossible; this is similar to mining today. And to those that suggest the supply constraint of bitcoin will hold back its commercial adoption, it should be noted that the scarcity of viable .com domains did not inhibit the growth of the commercial web.
imho this is an invalid 'analogue' for many reasons (economic, mathematical, technological, etc.) let alone the literal: You can invent new, memorable, easy to pronounce words. (eg bitcoin) You can use disused words (eg [Shakespearean] thoujarringfensuckedpignut.com) You can change the meaning of existing words. (twitter) You can change da spellin of existing werds. You can combine languages, hellobonjour.com The words we have canbeusedintrillionsoftrillionsofcombinations.com |
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Nobody gives a shit about brand.
The most stupid thing I've heard in a long time. |
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Bit of a lucky streak last six hours.
Nice. |
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If people are interested in this let me know.
Yes, please setup a separate thread to discuss. |
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