Now, lets get back to AM. I hope that friedcat can finally find a accountant competent enough to produce some financial reports, so we can find out, how AM is actually doing.
For fuck sake guys, this is beyond pathetic. A multimillion Co can not find a accountant? In China!? Honestly, this is absurd and those guys better be embarrassed.
While I would be happy too if they produced financial reports, honestly you repeating every other day is getting quite tiresome. Also, I don't know why you pretend to believe that they "weren't able" to find an accountant, while it is quite obvious that it's a deliberate choice. Don't hold your breath, remember Huawei. Good to know it makes you feel uncomfortable. Only guy who can help you is friedcat and his accountant. You can just pretend or pretend to believe what ever you want but the fact is - none of us have seen any reports from AM. I understand why none of you really care for proper reporting. First, most of you can not read the reports and for second, living in a world of fantasy is way more fun. For f**k sake, there is even a special naval gazing, spit balling and circle jerking thread for this: ASICMINER Speculation Thread. LOL  Friedcat, as a shareholder I am not happy about you hiding the numbers from the shareholders. Frankly, I do not give a flying fuck what you guys are used to or not over there in China. I like to see the numbers every month... as simple as that.Friedcat, if this is something you can not manage, please let me know. Cheers! If you doesn't like lack of reports than just sell your shares and GTFO, thanks :-) +1 Sold your shares and go away . No body really care a report or not,if they can produce one report it is great, if they can't so what is the problem? Remember lot of real wolrd scandals indicate accounting report can become full of no sense and false ,andif someone is liar,than he can managing a lieying report. |
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Total network rate is hitting 200 TH/s for the first time. Time for a friedcat announcement to bolster sentiment  I think friedcat has only made one real update in this thread since I started to invest. Seems like years ago but actually only June 24th. Did he used to post more often than this? It used to be more frequent, as time has gone on, they have become far less common. As Friedcat become a billionaire, he need more time to managing his business empire ... |
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Any ideas about why hashrate this week is significantly lower than before?
No idea. http://runeks.dk/bitcoin/ <-- Last chart OUCH we are doing REALLY BAD compared to last week... uhh... shit. 55 THS last 6 hours....update??? |
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We should think that manipulators, bears are going to take out the advantages of what you selling today ...because every bear want to buying back at lower price .. why should we help them to achieved what they want  ? just unbelievable.... |
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Things are much better than backed to beginning of April... Why should we sold BTC at the price much lower than beginning of April??
I can't figure out ,since nothing too bad...BTC are more recognized by the public than before , Even more entrepreneurs are under developing their BTC related projects.... As I am writing this I just arranged a fiats transactions to the exchange ...I hope this a good time to buying.
denial's a bitch. Go sell at this price, if you think I am denial, then make this thread here, we come back month later ,determining who is denial.... who says i am not getting back in when btc starts trending up... oh fyi, i hope btc goes down to 1. Greedy is not a rational strategy , if people all think in you way , BITCOIN become zero-sum game , you benefit out ,someone loss out .. -> People Trade -> Liquidity begins to Exist -> Merchants use this liquidity to sell their bitcoins as they receive them so that they can accept bitcoins risk-free as a payment method. -> Other merchants see other merchants accepting bitcoins which serves as a backing for the currency and thus decide that they want to hold bitcoins rather than selling them as they receive one -> The world benefits from free, fast, and efficient payments =/= zero-sum game. So ,please tell me whatever reason you want to sell at 60s , the only reason is you want to get back when BTCs are cheap... Why should we going to dumping and allows you to get it back in cheap price ? Am I stupid ?? if nothing fundamental of BTC has been changed, there are not logically reason to panic like this... Um, I'm not selling in the 60s, I am wiring money in to put a buy order in at $57. Of course there is a logical reason to panic, its because people are looking for a support and there is none, until $55-$57, so they sell, so you could have gotten a better deal if you had waited. Everyone impose the same tactic, I do not think you will be work out , just because price are undervalue of BTC...From my point of view , I will never selling my precious BTC because some people are panic ,then I am panic as well...this just a too stupid tactic . denial's strong in this one. I am more than confident than today , should we back one month later ,to decide whether I am denying or not ? |
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We still in big mining era , think back to the time when Spanish discovery a huge gold miner in south american , what is the result ? Gold price suddenly drop , So what ASICs devices just like skillful miners, how could you believe everyone can be a skillful miners Short- run BTC will drooped for sure ,but It will rebuild the price when mines are running out ...and I can't believe people selling at 60s are really lose their basic logical. Of course, if you are super earlier adopters and still make profit on selling at this price ,then my assumption is not regard to you . I think you misunderstand. This is not a disscussion about the price of bitcoin. It is about the sustainability of centralised mining. Sustainable centralized mining is the trend , just like not everyone can be a skillful miners, and we need centralized miners to sustainablelly to provides conformations for our transaction. |
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Things are much better than backed to beginning of April... Why should we sold BTC at the price much lower than beginning of April??
I can't figure out ,since nothing too bad...BTC are more recognized by the public than before , Even more entrepreneurs are under developing their BTC related projects.... As I am writing this I just arranged a fiats transactions to the exchange ...I hope this a good time to buying.
denial's a bitch. Go sell at this price, if you think I am denial, then make this thread here, we come back month later ,determining who is denial.... who says i am not getting back in when btc starts trending up... oh fyi, i hope btc goes down to 1. Greedy is not a rational strategy , if people all think in you way , BITCOIN become zero-sum game , you benefit out ,someone loss out .. -> People Trade -> Liquidity begins to Exist -> Merchants use this liquidity to sell their bitcoins as they receive them so that they can accept bitcoins risk-free as a payment method. -> Other merchants see other merchants accepting bitcoins which serves as a backing for the currency and thus decide that they want to hold bitcoins rather than selling them as they receive one -> The world benefits from free, fast, and efficient payments =/= zero-sum game. So ,please tell me whatever reason you want to sell at 60s , the only reason is you want to get back when BTCs are cheap... Why should we going to dumping and allows you to get it back in cheap price ? Am I stupid ?? if nothing fundamental of BTC has been changed, there are not logically reason to panic like this... Um, I'm not selling in the 60s, I am wiring money in to put a buy order in at $57. Of course there is a logical reason to panic, its because people are looking for a support and there is none, until $55-$57, so they sell, so you could have gotten a better deal if you had waited. Everyone impose the same tactic, I do not think you will be work out , just because price are undervalue of BTC...From my point of view , I will never selling my precious BTC because some people are panic ,then I am panic as well...this just a too stupid tactic . |
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Things are much better than backed to beginning of April... Why should we sold BTC at the price much lower than beginning of April??
I can't figure out ,since nothing too bad...BTC are more recognized by the public than before , Even more entrepreneurs are under developing their BTC related projects.... As I am writing this I just arranged a fiats transactions to the exchange ...I hope this a good time to buying.
denial's a bitch. Go sell at this price, if you think I am denial, then make this thread here, we come back month later ,determining who is denial.... who says i am not getting back in when btc starts trending up... oh fyi, i hope btc goes down to 1. Greedy is not a rational strategy , if people all think in you way , BITCOIN become zero-sum game , you benefit out ,someone loss out .. -> People Trade -> Liquidity begins to Exist -> Merchants use this liquidity to sell their bitcoins as they receive them so that they can accept bitcoins risk-free as a payment method. -> Other merchants see other merchants accepting bitcoins which serves as a backing for the currency and thus decide that they want to hold bitcoins rather than selling them as they receive one -> The world benefits from free, fast, and efficient payments =/= zero-sum game. So ,please tell me whatever reason you want to sell at 60s , the only reason is you want to get back when BTCs are cheap... Why should we going to dumping and allows you to get it back in cheap price ? Am I stupid ?? if nothing fundamental of BTC has been changed, there are not logically reason to panic like this... |
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Things are much better than backed to beginning of April... Why should we sold BTC at the price much lower than beginning of April??
I can't figure out ,since nothing too bad...BTC are more recognized by the public than before , Even more entrepreneurs are under developing their BTC related projects.... As I am writing this I just arranged a fiats transactions to the exchange ...I hope this a good time to buying.
denial's a bitch. Go sell at this price, if you think I am denial, then make this thread here, we come back month later ,determining who is denial.... who says i am not getting back in when btc starts trending up... oh fyi, i hope btc goes down to 1. Greedy is not a rational strategy , if people all think in you way , BITCOIN become zero-sum game , you benefit out ,someone loss out .. |
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Just a bunch of panic selling SOS don't mind just go pile up some bitcoins or sell out the equity postion and trade with profit  those no reason panic sellers ,just beyond my logically understanding ..... Whatever I still believe those panic sellers are weak and they will be regret month later what did they today .... Unbelievable why people are so essay to be manipulated.... It happens even with ASIC to be honest the true value is lower till the panic calms down Worst case or predictable case reminder this is all speculation Is an average 20-40 bucks then flatline for a while still double what it was before the giant rally http://bitcoincharts.com/charts/mtgoxUSD#rg730ztgSzm1g10zm2g25zvhttp://bitcoincharts.com/charts/volumepie/Alternative case is that the market realizes it's being silly and puts it up a bit once the attention returns to bitcoin Spotlight logic lol Say that 6% on the Volume Pie for China rises to 20% due to all the media hype by the Chinese if you recall in the ASIC thread backing to logical, become bitcoiner for whatever you believing ,selling at 60s just mean you reject the basic principle of BTC and you do not trusting it...very well, we will hold on and makes you regret.... |
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We still in big mining era , think back to the time when Spanish discovery a huge gold miner in south american , what is the result ? Gold price suddenly drop , So what ASICs devices just like skillful miners, how could you believe everyone can be a skillful miners Short- run BTC will drooped for sure ,but It will rebuild the price when mines are running out ...and I can't believe people selling at 60s are really lose their basic logical. Of course, if you are super earlier adopters and still make profit on selling at this price ,then my assumption is not regard to you . |
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Just a bunch of panic selling SOS don't mind just go pile up some bitcoins or sell out the equity postion and trade with profit those no reason panic sellers ,just beyond my logically understanding ..... Whatever I still believe those panic sellers are weak and they will be regret month later what they did today .... Unbelievable why people are so essay to be manipulated.... |
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Things are much better than backed to beginning of April... Why should we sold BTC at the price much lower than beginning of April??
I can't figure out ,since nothing too bad...BTC are more recognized by the public than before , Even more entrepreneurs are under developing their BTC related projects.... As I am writing this I just arranged a fiats transactions to the exchange ...I hope this a good time to buying.
denial's a bitch. Go sell at this price, if you think I am denial, then make this thread here, we come back month later ,determining who is denial.... |
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if weak hand not get out , if earlier adopters not get out ....we will never seen the future of BTC....
All those weak please get out ....let's our true believers to killing the volatility of BTC, and lead it to be succeed.
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Selling right now, is mean you admitted that BTC is a bad ideal except if you are some earlier adopters that you just want to cash out with profit.
------------------------------- Bitcoin's ideal is worth much more than its current exchange value This for sure ,let's those weak get out or those superior earlier adopters get out ....The future of BTC is who have the faith in it.... This no reason panic ,is just because of the manipulators, what ever you believe or not ...half months later , all people selling today will regret by that time.... |
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I traded all my bitcoin for cheap USB Block Erupters. I can either keep them to mine if the price of bitcoin goes back up, or dump them on Ebay for a minimum 1.5x profit in USD.
Get as much btc as possibly ....Those people are insane and panic without a proper reason... when people are fear ,it is the best time to be greed... |
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The price is just going to tank. This is only the beginning. Get out now while you can.
I disagree with you ,you can sell as much as you can ,but BTC value isn't only 70 usd...sell below any than this just insane .. assume all those miners would they allows BTC become valueless ? if they allow that then all money they prior invest in mining devices is lose...People panic need a proper reason to doing that ,why should you panic ?can you give me some reason??? why should we sell below 70? Because if you don't you'll be kicking yourself when LTC is at $5.00 and surpasses BTC. ASIC is killing BTC. It's becoming centralized. It will turn into the rouge world currency. It's already used for laundering and scamming. Who wants to fund the bad guys? Not us. ( this entire post was a lol, please, sell your BTC so I can buy them all  ) This excuses isn't logically right, about money laundering. Cash is perfect for money laundering (more secure to store the value) ,why people still use cash??we should stop use cash because we do not wants to fund the bad guys. ASIC centralized mining, so what??? Mining gold are also monopoly by skillful workers ...would you say that you will stop buying Gold because it is centralized??? This assumptions are false and isn't logically, the only thing will happen is ,you will regret because other people are going to take out advantage of your no reason panic. Selling right now, is mean you admitted that BTC is a bad ideal except if you are some earlier adopters that you just want to cash out with profit. |
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The price is just going to tank. This is only the beginning. Get out now while you can.
I disagree with you ,you can sell as much as you can ,but BTC value isn't only 70 usd...sell below any than this just insane .. assume all those miners would they allows BTC become valueless ? if they allow that then all money they prior invest in mining devices is lose...People panic need a proper reason to doing that ,why should you panic ?can you give me some reason??? why should we sell below 70? |
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I sold over half my holdings at 31.50 long, long ago... its all a matter of perspective. At the time I had a 400% profit at 31.50 ;p This only looks low due to where we've been recently. Go back a year and a half, and 70 looks awesome oh i agree, i remember when they were 2.50 to 3.50 each. and when they went to five buck i was like what the fuck this is so god damn expensive i spent 250 once to get 78 coins thinking it was a rippoff. haha wow. my point is its not going to stabalize or bounce we are going to go to fifty. you can hold and you will profit for sure in the long. we will be at 825 this time next year. Just sold all you coins ,I am sure that after one year ,you will needs to pay double price for it...for sure.... no i watch the price daily, im not going to check back a year latter and be like oh wow it up. unless it goes up 200 in a day...doubtful...then i will get back in once it has hit bottom repeats 2011 and starts climbing for a solid month. then and only then will i get back in. Ok, I am going to ignored the BTC price ,as long as I only have 500 btc in total.....store in paper wallet, let's god to deciding the future of my fund. |
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Don't sell OP.
Make sure you hold them till the end and I'm sure you'll join the exclusive vladimir club one day.
Hold for sure ,at least not selling at this price...this just abnormal panic for no reason ... |
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