I have been observing the price of AM shares as compared to the price of BTC for a few months and it seems like there is very little, or even no correlation between the two.
It may take a wild swing down or up to change that.
The share price of AM seems to be directly correlated to the the dividend regardless of the BTC price.
Since the price of BTC does impact the value of the dividend, it will be interesting to see how long these correlations, or lack of correlations, hold up.
are you sure? please share your graph .... I could have sworn last week's dividends were average and the share price jumped massively My observations are pulled from my arse so there isn't a graph. ftfy  |
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I have been observing the price of AM shares as compared to the price of BTC for a few months and it seems like there is very little, or even no correlation between the two.
It may take a wild swing down or up to change that.
The share price of AM seems to be directly correlated to the the dividend regardless of the BTC price.
Since the price of BTC does impact the value of the dividend, it will be interesting to see how long these correlations, or lack of correlations, hold up.
This is nonsense. How can you say there is no correlation because dividends? BTC has been slowly falling to USD. AM has been rising in kind. This leads to at least signs of correlation. But you'd need to do a deeper analysis to show they are directly correlated. My bet is they are. If BTC/USD rose to $130, you'd see a lot more AM being sold. |
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One: because people will pay more per terahash while the difficulty is low. That's kind of obvious: your potential return is a lot higher per terahash while the difficulty is low, so therefore AM can charge a lot more. That effect is quickly subsiding, as evidenced by AM's prices.
Two: there is no serious competition yet. Beyond the organic competition anticipated from Avalon, BFL, KncMiner etc getting their shit together, at this point the sales volume of miners is large enough for an established mid-size electronics manufacturer to mosey on over here and embarrass AM price-wise.
Three: electricity cost. Believe it or not, the location of AM (Guangdong province, China) is not the cheapest place for electricity. Don't quote this figure, but I believe it comes out to about $0.06/kWh. As competition ramps up, money getting in on a piece of that 26% APR will launch huge farms in places like Washington state or Siberia where the price is $0.01/kWh - and they will do so by licensing the BitFury chip, for example, not by buying expensive AM hardware. AM will have trouble competing.
All 3 of your points are counteracted by simply being the fastest to release the latest tech miners in bulk. The real risk is if miners stop buying on the whole, like if bitcoin becomes worth $20 or such. |
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How do you determine the buyback price? Do you just buy at market?
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Changing the terms after starting the auction, weak.
Diamond this is not really allowed. You chose a price already. Honor it. |
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if divs are retained to buy shares i assume those shares are destroyed , thus increasing the equity of all the remaining shares.
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Since you mentioned it, I will likely be offering a S.MG PT sometime soon. I know it won't be popular, but I think it could turn that way eventually.
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Just popping in to offer escrow to anyone if needed.
Normal rates are .5btc or .5% of total order, whichever is higher.
Happy bidding!
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@TAT
Tools-->Message Signing-->Import signature block and copy paste his message in there should be able to verify after that mine was good
I'll try it again after I get his updated message I guess. When you paste it in, it had all the quotes marks, breaks, and ------------- in it? |
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Has anyone been able to verify Jutarul's signed messages? I'm having trouble sorting out how to use Armory.
It's not that I don't trust him, it's that I want to make sure his account has not been compromised, and his use of an unconventional signing format is making that hard to verify.
Also, Jutarul, can you confirm whether my updated bid quantity is accepted? Thanks!
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To whoever just bought that put on 1 TAT share on BTC-TC. You are welcome. Options are fun, ignorance is bliss, and learning is expensive! Hello,
This is a Exercised Option purchase confirmation.
Account: Aahzmundus
Security: TAT.ASICMINER
Shares: 1 @ 3.50000000 BTC
Total Paid: 3.50875 BTC
Thank you for using BTC-TC
Cue a dozen assholes trying to fish for the same trick. |
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1000 shares sold in 21.5 hours?
Nearly double the combined total trading volume on Bitfunder and BTCT combined over the same period.
Do consider that a majority of these purchases are represented as sales on BTCT at 4.5+ |
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Lets rename Wednesday !!!
to Bitnesday, Cashnesday, Divnesday or my favorite Catnesday... any more suggestions ?
Divday |
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That leaves about 18 left at most!
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Could I add 25 to my order? This makes a total of 145.
Thank you!
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I just wanted to start an open discussion on the topic of Asicminer. I will lead off by saying that I am NOT trying to bash the company itself, it's intentions or the viability. All I am wondering is:
Since such a HUGE amount of ASICMINER shares are held outside of listed shares, by individuals that have made (and continue to make) literally MILLIONS of dollars on the ever rising value of traded shares. What are the chances that some of these individuals are using funds from privately sold ASICMINER direct shares to inflate the value of the traded instrument, allowing for a higher sale price of their direct shares and completing the cycle of a very long and profitable pump?
I sure as hell would see literally a MILLION reasons to do this if I owned say 2-3 board seats (5k direct shares) worth 2 million USD+ at current price.
Discuss!
The math doesn't work, markets aren't as easy to control as you think, particularly if you are selling low and buying high. If anything. you should consider the fact that board members are refusing to auction their shares, even at these prices, as a sign of confidence. |
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