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21  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: May 17, 2013, 05:28:56 PM
Well, I personally believe the maximum value these shares could reach is 7.5BTC.

Arguably it will be based on the market. Even as some people said the blades and USB miners were "too expensive", but according to who? Not according to the market.

What other entity other than ASICMINER is out there that is publicly traded, sells both hardware *and* mines (best of both worlds), can demonstrate a monster % of hashing as well as finished, quality mining hardware *with* warranties, and shipping out in a matter of days?

Not to mention the clear and regular updates given by friedcat, and the impressive dividends?

No other entity out there even comes close. In this case if you have BTC to invest, there is only one blue chip out there, so all valuations are meaningless when we're talking about a "flight or pull to quality". Until some other entity comes along that even matches some of ASICMINER's qualities, it really is no contest and I would not be surprised where the share price could go.
22  Economy / Securities / Re: ASICMiner Shares & Futures Contract on: May 17, 2013, 06:45:43 AM
ASICMINER just reached ~1.8/share on both exchanges. Looking like a potential steal.

EDIT: Ah, just see the price got changed from 59 BTC - too bad somebody didn't jump on this!
23  Economy / Securities / Re: ASICMiner Shares & Futures Contract on: May 14, 2013, 06:34:02 PM
Looking like a better and better deal now as ASICMINER approaches 2 BTC/share.
24  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: May 13, 2013, 05:23:44 PM
Agreed. Lofty expectations can lead to disappointment and anger that one is owed something. Leading one to try to dictate how things are supposed to be. Reminds me of the Stones song - "You Can't Always Get What You Want", or the meme "First World Problems". Smiley

There's no reason not to be excited... after all, ASICMINER is setting these lofty expectations by completely surpassing all previous ones.

These dividends on a weekly (WEEKLY) basis are unheard of, and if you'd prefer to just sit at your desk and happily nod, that's fine with me.

I believe you're attributing my words to Michael? Please don't put words in someone else's mouth. Smiley Nor proclaim that someone is not excited because they are not demanding that ASICMINER not hold back dividends instead of re-investing some into future developments.

Some investors just show excitement in another way, could you not consider that?
25  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: May 13, 2013, 04:35:37 PM
Having invested recently, reading some of the over excited (and I should add seemingly greed induced) comments about the dividends is quite a turn off. Irrational exuberance springs to mind.

Agreed. Lofty expectations can lead to disappointment and anger that one is owed something. Leading one to try to dictate how things are supposed to be. Reminds me of the Stones song - "You Can't Always Get What You Want", or the meme "First World Problems". Smiley

Sometimes we need to step back, look at the bigger picture and be grateful for anything we receive.
26  Economy / Currency exchange / Re: [be aware][confirmed] scammers: Oldsport and AlternativeCypt on: May 11, 2013, 05:10:34 PM
Also keep in mind that if someone refers to a #bitcoin-otc WOT rating, make sure you have them actually log into #bitcoin-otc, ident them and PM you so you know it's really them.
27  Economy / Currency exchange / Re: WTB: USD BTC-E Codes for BOA transfers/PayPal/Amazon GCs/Dwolla/EMT/Cash/etc. on: May 10, 2013, 12:22:01 PM
Traded with the OP for an Amazon GC last night. Fast service and everything went smoothly. Thanks!

Thanks keroguy! Was an easy and smooth transaction with him on my end as well.
28  Economy / Securities / Re: Is there a market for non-dividend stocks? on: May 10, 2013, 03:04:58 AM
I'd say it's more a nature of how undeveloped the BTC stock environment is. Most stocks have to be offering dividends because bitcoin in itself is a volatile investment, and for someone to give up just a slight bit of liquidity, they'd have to get something worthwhile in return. Most stocks do not have the track record to sell themselves as a pure value play.

An example of a stock that doesn't pay a dividend but may have a value play is Virtex (www.cavirtex.com), the main Canadian exchange is listed on Havelock Investments (www.havelockinvestments.com). Currently it does not pay a dividend. Although they say they may in a few months. Smiley

Disclaimer: I do not currently hold any position on Virtex shares.
29  Economy / Securities / Re: Trading Shares on: May 09, 2013, 06:46:39 PM
There's also Havelock Investments as well:
www.havelockinvestments.com
Virtex the Canadian exchange, some mining stocks and TAT's ASICMINER passthrough are listed there.

And Crypto Stocks:
https://cryptostocks.com/
Vircurex and a bunch of alt-coin mining stocks are listed. There is also a 1/1000 ASICMINER passthrough there (ASCMDVCPT).
30  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: May 09, 2013, 06:17:06 AM
Unfair advantage in this case is a nice way of saying stealing technologies or cheating. In this case, AM would have achieved their proven, demonstrable hashrates and concrete products because they got someone in Avalon to screw with Avalon.

Yeah, but Avalon screwing with Avalon doesn't even make financial sense. The rumour was not very believable, but Avalon screwing itself at the expense of another company is even less so.

Anyway, agreed let's just move on.
31  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: May 09, 2013, 06:06:22 AM
In this case, Dr Zhang is a primary insider, and the claim was that Dr Zhang had ties to and sat on the board of ASCIMiner and that because of this, Avalon was delayed in deliveries somehow. In other words, a primary insider in Avalon was hampering Avalon's deliveries to benefit ASICMiner.

I'm sure you can see why this would be a huge problem for the credibility of AM, regardless of whether this is illegal in certain jurisdictions. I am not a lawyer and have no idea how corporate laws are in China, but at the very least it would cause problems for investors outside of China where this would be highly unethical and cause for legal action.

This isn't a case of getting a little help; this is a case of Microsoft getting insider information from the a member of the board of directors in Apple and using that information to launch iPhone 6 or whatever the next number is.

Not sure why we are being so reactive or twitchy over this unsubstantiated rumour? Unless somehow we buy into it? I think we have to consider the source of this rumour and do some thinking. Is it more or less likely that the people would be unethical? Is it more or less likely that companies will even have the time to collaborate yet in this startup/wild west environment?

Also, do we know that someone is getting inside information from someone else? Or are we just making unfounded assumptions?

Basically, this should be a non-issue unless there is proof. Responding to such rumours/trolling only give them more legs.

I was just making the point that if the two companies collaborated, I'm not sure how that could be considered "illegal" or detrimental to the share price. Companies collaborate all the time, and as a shareowner of ASICMINER, if there is a positive outcome from a collaboration, I welcome it.

And if the market believed the performance was based on an unfair advantage? See how the market treated Lance Armstrong after he was caught cheating.

Would you still want to buy shares, knowing that the results you've seen until now is not going to last after the cheating is exposed?

I believe the matter is closed, though, so no point in pursuing further speculation. The poster admitted, as I interpret it, to not knowing of any evidence to support his speculation.

.b

Using Lance Armstrong to compare to this situation probably isn't the right analogy. Probably you could use the analogy of IBM and Microsoft in the early PC days.

Also, what is one's definition of "unfair advantage"? Someone looking at ASICMINER right now as a potential shareholder would conclude that ASICMINER has an "unfair advantage". They have proven, demonstrable hash rates with mining, and concrete products that are shipping out right NOW - with warranties. Compared to the competition, they are killing them with this two-pronged approach. Should we ask ASICMINER to reduce their "unfair advantage"?

Should we not separate our own personal opinions on what is "unfair advantage" and just let the market dictate things? Smiley
32  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: May 09, 2013, 05:31:40 AM
How would you feel about ASICMiner if it turned out that their success was the result of a scam, in this case a competitor's key insider leaking information or hampering his own company's progress?

If it turned out that ASICMiner's success was the result of cheating or unlawful behavior, that means that as soon as that cheating or unlawful behavior was exposed and stopped, their success would also stop.

Thus: Cheating exposed would ruin ASICMiner share prices.

Not sure if anyone was jumping to the conclusion that Avalon helping ASICMiner would be "cheating" or "unlawful behaviour" or a "scam"? Companies which have been competitors (i.e. Apple and Microsoft, Apple and Samsung) have also collaborated together, but is that considered "cheating"?

Also, the market dictates share prices. I for one would hope someone dumps shares based on any rumours that Avalon is collaborating with ASICMiner. If Avalon is collaborating and working with ASICMiner then that only helps ASICMINER. Performance and hashrate will override personal opinions.
33  Economy / Auctions / Re: AUCTION - 34K Ripples on: May 09, 2013, 01:44:22 AM
No end time or end conditions specified - was this an actual auction or a Buy It Now (in which case does it belong in this subforum)?

Also if the winner did not officially bid in this thread, how do we know what the price was and if the seller actually sold at that price. Doesn't this invalidate the auction? Is there a way to prevent posters who do this from posting future auction threads?
34  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: May 08, 2013, 03:56:27 PM
There's a block erupter blade on ebay!

http://www.ebay.com/itm/Bitcoin-Block-Erupter-ASIC-Miner-13GH-s-IN-HAND-SHIPS-IMMEDIATELY-NOT-BFL-/151041720632?pt=LH_DefaultDomain_2&hash=item232ac9c138
Bitcoin Block Erupter ASIC Miner 13GH/s *IN HAND* *SHIPS IMMEDIATELY* NOT BFL Cheesy
35  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: May 08, 2013, 03:00:18 PM
Dividend for 5/8/2013 is: 0.01108519 per share

Nice. This amount is approaching the IPO period dividends (but many missed out on). Cha-ching!
36  Economy / Currency exchange / Re: WTB: USD BTC-E Codes for BOA transfers/PayPal/Amazon GCs/Dwolla/EMT/Cash/etc. on: May 07, 2013, 05:01:25 PM
Just did a successful transaction for btc-e to Amazon Gift Card.

Thanks again for the super fast service ...

Will be doing business with you again in the future for sure.

Keep up the good work.

Irie Mon.


Smooth and easy transaction with Forex Master! Thanks for the kind words and likewise will deal with in the future.
37  Economy / Securities / Re: [HOWTO] Trading/Buying/Selling Asicminer Shares Overview and Comparison on: May 07, 2013, 03:34:21 AM
Should we add the new micro-share passthroughs in this thread?
38  Other / Archival / Re: WTB: OKPAY USD for Bank of America transfers/PayPal/Cash/Interac/LR/MoneyPak/etc on: May 06, 2013, 02:27:38 PM
Sounds like this would be best taken up with OKPay? I am not them or represent them in any way. Smiley
39  Economy / Currency exchange / Re: WTB: USD BTC-E Codes for BOA transfers/PayPal/Dwolla/EMT/Cash/LR/MoneyPak/etc. on: May 04, 2013, 07:14:42 AM
Completed another couple of transactions with the OP today, this time for a significantly larger amount. Went smoothly and just as quick as the last one!

Fast transaction,smooth,no problems,best regards!

Thanks gentleman! Look forward to dealing with you again. Also thanks to Brassguy (soon out of newbie purgatory) for a smooth transaction.

If anyone still has codes to sell, shoot me a PM and we'll see what we can do... Smiley
40  Economy / Currency exchange / Re: WTB: USD BTC-E Codes for BOA transfers/PayPal/Dwolla/EMT/Cash/LR/MoneyPak/etc. on: May 02, 2013, 07:57:39 AM
Just finished trade with OP. Quick smooth transaction. Thanks!

Thanks and would deal with again! Smiley
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