I personally do not think its fair to add bitfury when they are only shipping within Russia. It is not available to everyone obviously.
|
|
|
sell now or forever hold your piece
|
|
|
In next few weeks of diff increases, you'd be an idiot to pay 50BTC for 13GH/s... there are idiots in the world, and there are over-enthusiastic speculators in this community, but a week or two after that it will be apparent even to those who aren't good at math.
At that point, he'll either lower the price or not sell anymore.. its that simple.
50BTC for 13GH/S will make your money back in less than a year, and then about 20% on top of that. 20% annual ROI is a very good investment IMO. Too many spoiled brats here who are used to the older days of mining when the rewards were much greater. The correction has happened -- welcome to reality.. not if btc drops in price... apparently everyone is leaving that out of their calculations
|
|
|
the ones that will actually return your investment
|
|
|
Your better off finding a random address and sending your BTC30 there, bc that piece of shit BFL hardware is worth about BTC0.
|
|
|
Another BS thread to make money with 0 risk like the other million group buys. Nothing to see here move along people.
|
|
|
http://www.google.com/trends/explore?q=bitcoin#q=bitcoin&cmpt=q is why we are going down in price. There are not enough people buying into bitcoin which is coupled with a consistent selling brings the price down. This will continue until supply and demand are equal which is roughly 1/10 of the peak price in April.
|
|
|
I guess what people fail to realize is that mining is not a get rich quick ROI. Obviously the price of BTC is going down versus fiat ever since the crash and will continue to do so for atleast another month or two until it bottoms out around $30. All the people who bought miners will probably look for refunds (BFL) and while the difficulty will continue to increase quickly, it will probably still only be 100m in September, maybe less.
|
|
|
The lottery thing might denote simply financial distress so they need to get money in as fast as possible at the cost of reputation. However that doesn't sound promising either...
Ideally in the business world this is usually when the company then offers an IPO/attract investors to finance the company not ask for pre-order money...
|
|
|
I was originally enthusiastic about this company becoming a top notch asic manufacturer, but this lottery thing has lead me astray. The whole thing is starting to smell scammy even though they have the reputation of ORSoC behind them... Be careful.
|
|
|
So help me understand something. Here's a small compilation I made with the 90-day dividend yield estimates (according to BTCT.CO) of its more popular assets. According to the numbers, ASICMiner is by far the most profitable asset by approximately ~200% compared to GDSPT, the nearest one. Wouldn't this mean that ASICMiner share value has still a lot of space to grow? Correct me if I'm missing something. Thanks. I believe you are correct, but a lot of people see the share price as overvalued because it has gone up so far .1 BTC -> 2.5 BTC. But if one truly does the math valuing the company at 1 million BTC (2.5 BTC * 400k shares). They are earning ~300k BTC per year just from mining, and their sales more than likely double that on a yearly basis (atleast this year). This gives them a P/E ratio of roughly 1.66. Anyone who knows anything about P/E ratios especially in the tech market knows this is surprisingly low. However, one of the reasons it is low is because of difficulty to trade shares and the high risk associated with holding them. These reasons may outweigh the pros to outside observers and makes it difficult for newcomers to engage in trading the stock.
|
|
|
FYI it's not a "press release" if it's not released by the press. It should be called a news manipulation for marketing scheming.
|
|
|
Much more accurate, still a terrible investment b/c at current valuations it is worth 1/10 of asicminer. I probably don't need to point this out but Asicminer is already proven and controlling more than 10x the network power that this company ever will.
|
|
|
Anyone who cannot see the obvious market and news manipulation by this joke of a company is going to lose anything they invest. "A fool and his money are soon parted".
|
|
|
If someone would be so kind as to review my figures, I'd really appreciate it! I did today some quick math on the investment return, might as well share it with everyone. I considered only the hardware stated below and assumed a linear 20TH/month increase in difficulty, already starting "aggressively" (debatable ) at ~178TH/s in june (bear in mind that at today's difficulty, 390GH/s would yield BTC491/month). Div/share/month is based on the 40,000,000 split, with the accumulated BTC in the "Growth/Expansion Fund" also shown (minimum of 20M shares). ROI shown for BTC5 E-4 and BTC10 E-4 share price, current share price is at ~ BTC9 E-4. I'm expecting the numbers to get even better with announcements of even more hardware buys. Lets keep the "Growth/Expansion Fund" always depleted! Increasing network power by 20 TH/s per month... Really accurate... Why can't people just use normal extrapolations like 15%-20%...
|
|
|
I'm still trying to figure out how to get the +30% hashing power from ORSoC algorithms.
|
|
|
I guess we'll just continue to spam forums with an overpriced AsicMiner 2.0 that is inferior in every way...
|
|
|
For people who bought shares (me included) one way to repay the debt (if that's the route we go) is to just transfer Tat shares to thickasthieves. Take into account market price and you don't need to sell them, saves time and fees etc.
|
|
|
You do realize the package on that website comes with 60 chips for $315, not $315 per chip...
|
|
|
“Never argue with a fool, onlookers may not be able to tell the differance.” -Mark Twain
|
|
|
|