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Author Topic: Asicminer Risk  (Read 647 times)
asdfghj (OP)
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May 09, 2013, 01:18:34 AM
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Hi All,

I was curious what people thought about the risk of buying shares in the Asicminer Passthrough.

In my mind the primary risk is destruction of their infrastructure, but otherwise it seems pretty reliable.  Thoughts?

asdf
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BigPimpinSpendinCoins
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June 07, 2013, 09:22:38 PM
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Hi All,

I was curious what people thought about the risk of buying shares in the Asicminer Passthrough.

In my mind the primary risk is destruction of their infrastructure, but otherwise it seems pretty reliable.  Thoughts?

asdf

I split my holdings between btct.co and bitfunder.com in order to avoid trusting a single exchange and passthrough operator with all my shares.  [BitFunder] G.ASICMINER-PT is managed by DeaDTerra, while [BTCT] ASICMINER-PT is managed by burnside.
John818
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June 07, 2013, 11:40:48 PM
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I too have invested in both bitfunder and btc.co and I have to say, my biggest concern is US intervention.  Every aspect of Bitcoin is a risk and there is only so much an individual can do to offset that risk.
Don't invest more than you can afford to lose.  In terms of ASICMINER, I'd say you can't get a safer investment allowing for natural or man-made disasters, and let's face it, we're pretty good at them!
ranlo
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June 08, 2013, 12:11:24 AM
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Hi All,

I was curious what people thought about the risk of buying shares in the Asicminer Passthrough.

In my mind the primary risk is destruction of their infrastructure, but otherwise it seems pretty reliable.  Thoughts?

asdf

I've been looking into this myself. My big issue is that the break-even point, as of now, is past the 2 year mark. That's a long time to hope nothing bad happens...

Though it's possible that with the recent speed increases they've gotten (at least it looks like it?) that period may be shrinking.

https://nanogames.io/i-bctalk-n/
Message for info on how to get kickbacks on sites like Nano (above) and CryptoPlay!
rolloffacliffpleaseanddie
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June 08, 2013, 12:36:04 AM
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Do not buy ASICS. Take my advice and not lose money.
ranlo
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June 08, 2013, 12:40:35 AM
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Do not buy ASICS. Take my advice and not lose money.

He wasn't talking about buying an ASIC, but rather investing in ASICMINER stock. Two very different things.

https://nanogames.io/i-bctalk-n/
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c33fax
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June 08, 2013, 01:15:29 AM
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'ASIC' when ever, whatever....  I came close to buying one of the 50G/Hash Butterflylabs asic miners, but.. I believe in paying for something then getting it Smiley

lots of people selling their pre-buy on fleabay though Smiley
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June 08, 2013, 02:11:44 AM
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I have passthru stocks on Haverlockinvestments.com, get some nice dividends from it. I think its a good investment for the moment until other places start firing up ASICS.

https://www.crypto-trade.com/ref/arcticwolf Try CryptoTrade.com, a new exchange for trading Currencies and Securities
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June 08, 2013, 06:04:46 AM
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The next few months will truly be interesting in terms of difficulty... How far can big-business push it?
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