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Author Topic: ASICMINER Speculation Thread  (Read 808627 times)
binaryFate
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July 07, 2013, 09:50:19 PM
 #1421

Looks like Friedcat has a new improved batch of Erupter USBs in stock, already selling fast.

I wonder when the new Blades will be for sale...  Grin

Hopefully, we should hear about that soon (before 10/07)...

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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CMMPro
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July 07, 2013, 11:43:55 PM
 #1422

I think he is saving some news about the new blade devices for a big announcement on div day.
mechs
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July 08, 2013, 03:14:39 AM
 #1423

Vela, I don;t think they are "improved" - still worth buying them here and reselling on ebay where they going for $180/each
velacreations (OP)
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July 08, 2013, 03:30:16 AM
 #1424

Vela, I don;t think they are "improved" - still worth buying them here and reselling on ebay where they going for $180/each

you are talking about the USBs.  I am talking about the Blades, which are an improved design, and should go on sale soon.

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July 08, 2013, 04:40:36 AM
 #1425

Ok, still I do not think these USBs are good buys to use anymore.  Though there does seem to be a very heathy resell market for these still on ebay with an easy 100% profit.
CoinsForTech
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July 08, 2013, 04:43:15 AM
 #1426

Ok, still I do not think these USBs are good buys to use anymore.  Though there does seem to be a very heathy resell market for these still on ebay with an easy 100% profit.

I was thinking this as well. I bought one as a novelty and don't plan on selling it, but seems there are some people profiting very nicely on eBay. Still pretty risky selling anything BTC related on eBay though..

SOSLOVE868
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July 08, 2013, 04:59:08 AM
 #1427

Ok, still I do not think these USBs are good buys to use anymore.  Though there does seem to be a very heathy resell market for these still on ebay with an easy 100% profit.

I was thinking this as well. I bought one as a novelty and don't plan on selling it, but seems there are some people profiting very nicely on eBay. Still pretty risky selling anything BTC related on eBay though..

It isn't that bad ,if you consider you get you coins around 70USD today, if someone can buying your device in E-bay then just make profit with them.
If not,  assume that 1 USB can mining at today's price level can pay it self back around 200 day (with 10% difficulty adjustment).
200 days later ,BTC it self become 150USD. You get 150 USD by that time ,and rest of the time, you get extra profit..  but this still a gamble with market trend..
It depend on what you thought of BTC price in the future.
yuansuyi
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July 08, 2013, 08:55:39 AM
 #1428

Ok, still I do not think these USBs are good buys to use anymore.  Though there does seem to be a very heathy resell market for these still on ebay with an easy 100% profit.

I was thinking this as well. I bought one as a novelty and don't plan on selling it, but seems there are some people profiting very nicely on eBay. Still pretty risky selling anything BTC related on eBay though..

It isn't that bad ,if you consider you get you coins around 70USD today, if someone can buying your device in E-bay then just make profit with them.
If not,  assume that 1 USB can mining at today's price level can pay it self back around 200 day (with 10% difficulty adjustment).
200 days later ,BTC it self become 150USD. You get 150 USD by that time ,and rest of the time, you get extra profit..  but this still a gamble with market trend..
It depend on what you thought of BTC price in the future.
why not just buy BTC and wait price to go high ?
SOSLOVE868
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July 08, 2013, 09:34:04 AM
 #1429

Ok, still I do not think these USBs are good buys to use anymore.  Though there does seem to be a very heathy resell market for these still on ebay with an easy 100% profit.

I was thinking this as well. I bought one as a novelty and don't plan on selling it, but seems there are some people profiting very nicely on eBay. Still pretty risky selling anything BTC related on eBay though..

It isn't that bad ,if you consider you get you coins around 70USD today, if someone can buying your device in E-bay then just make profit with them.
If not,  assume that 1 USB can mining at today's price level can pay it self back around 200 day (with 10% difficulty adjustment).
200 days later ,BTC it self become 150USD. You get 150 USD by that time ,and rest of the time, you get extra profit..  but this still a gamble with market trend..
It depend on what you thought of BTC price in the future.
why not just buy BTC and wait price to go high ?
Sorry ,my math was wrong ,If BTC price go upward , you mining income will steady follows with it , and thereby you will get quick pay back than what I  had specif above. You will earning more value other than just hold BTC in hand.
mandroid
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July 08, 2013, 10:48:19 AM
 #1430

Let's get this pony back on track with SPECULATION!

Someone give me a really good pseudo-economics reasoning (the more farcical the better) as to why we are experiencing a slight rally in the value of AM shares? Bonus points if your answer involves the rally in the price of BTC vs. fiat of the past few days.
binaryFate
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July 08, 2013, 10:51:14 AM
 #1431

Let's get this pony back on track with SPECULATION!

Someone give me a really good pseudo-economics reasoning (the more farcical the better) as to why we are experiencing a slight rally in the value of AM shares? Bonus points if your answer involves the rally in the price of BTC vs. fiat of the past few days.

Which rally are you talking about? Hardly anything I'd call like this recently.

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
Streets 2.0
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July 08, 2013, 11:41:58 AM
 #1432

Let's get this pony back on track with SPECULATION!

Someone give me a really good pseudo-economics reasoning (the more farcical the better) as to why we are experiencing a slight rally in the value of AM shares? Bonus points if your answer involves the rally in the price of BTC vs. fiat of the past few days.

Was wondering this too, so I yanked some of my cell orders, and then I realized Europe zone woke up to 4 btc a share and they are scooping them up, back to 4.7 we go

EskimoBob
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July 08, 2013, 12:08:10 PM
 #1433

Let's get this pony back on track with SPECULATION!

Someone give me a really good pseudo-economics reasoning (the more farcical the better) as to why we are experiencing a slight rally in the value of AM shares? Bonus points if your answer involves the rally in the price of BTC vs. fiat of the past few days.

Why we are experiencing a slight rally in the value of AM shares
The reason for this is simple and BTC vs fiat is old news until next time. You have to concentrate on Tooth Fairy flight paths and not only on those strong winds in AM analysts digestive system. Rally spped per sq. m is closely related to the speed at which "investors" manage to pull numbers out of their collective arse while they evaluate and interpret imaginary live! reports. Truly amazing symbiosis of stupidity and ignorance. Combing 500 pages of meaningless drivel with Tooth Fairy flight path, technical analysis of 24 h average of AM price, multiplied by GDP sqr 1/3 and you have it - the answer is "yes".

While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
Franktank
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July 08, 2013, 12:38:24 PM
 #1434

Let's get this pony back on track with SPECULATION!

Someone give me a really good pseudo-economics reasoning (the more farcical the better) as to why we are experiencing a slight rally in the value of AM shares? Bonus points if your answer involves the rally in the price of BTC vs. fiat of the past few days.

July 10th, prepare for the Reckoning.
velacreations (OP)
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July 08, 2013, 01:03:44 PM
 #1435

Let's get this pony back on track with SPECULATION!

Someone give me a really good pseudo-economics reasoning (the more farcical the better) as to why we are experiencing a slight rally in the value of AM shares? Bonus points if your answer involves the rally in the price of BTC vs. fiat of the past few days.

July 10th, prepare for the Reckoning.

+1.  The price is rising because people realized it was undervalued.  Simple as that.

velacreations (OP)
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July 08, 2013, 01:13:00 PM
 #1436

I expected this to affect the price on bitfunder: https://bitcointalk.org/index.php?topic=251055.0

It might be the cause of the bump on BCTC

empoweoqwj
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July 08, 2013, 01:20:17 PM
 #1437

price rally:

1) Nothing to do with BTC / USD Smiley
2) Getting nearer dividends
3) Getting nearer new blade announcement / release
4) Good AM hashing over weekend
neilol
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July 08, 2013, 01:54:34 PM
 #1438

very low volume though

Lohoris
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July 08, 2013, 02:55:47 PM
 #1439

Let's get this pony back on track with SPECULATION!

Someone give me a really good pseudo-economics reasoning (the more farcical the better) as to why we are experiencing a slight rally in the value of AM shares? Bonus points if your answer involves the rally in the price of BTC vs. fiat of the past few days.

Why we are experiencing a slight rally in the value of AM shares
The reason for this is simple and BTC vs fiat is old news until next time. You have to concentrate on Tooth Fairy flight paths and not only on those strong winds in AM analysts digestive system. Rally spped per sq. m is closely related to the speed at which "investors" manage to pull numbers out of their collective arse while they evaluate and interpret imaginary live! reports. Truly amazing symbiosis of stupidity and ignorance. Combing 500 pages of meaningless drivel with Tooth Fairy flight path, technical analysis of 24 h average of AM price, multiplied by GDP sqr 1/3 and you have it - the answer is "yes".
Who said anything about dwarves?
I dare you!
..Loh

1LohorisJie8bGGG7X4dCS9MAVsTEbzrhu
DefaultTrust is very BAD.
nubbins
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July 08, 2013, 03:36:34 PM
 #1440

I expected this to affect the price on bitfunder: https://bitcointalk.org/index.php?topic=251055.0

It might be the cause of the bump on BCTC

Proof of concept code for this exploit (yes, exploit) here: https://bitcointalk.org/index.php?topic=251051.0

Incidentally, if someone wanted to clean out a bunch of accounts, they might do the following:

-create a dummy account with a payload-containing URL in its signature or on its profile page
-poll the forum for commonly-used words and phrases
-make nonsensical posts using the phrase list, in the hopes of enticing users to click the URL
-clean out any users foolish enough to click the URL while logged in to an unpatched site

No longer buying/selling Casascius coins. Beware scammers.
My OTC Web of Trust ratings / What's a PGP chain of custody?
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