ASICMINER Speculation Thread

[Mabsark]

Somebody placed a 250 shares buy order at btct (> 1000BTC)  
I'm curious to see if it is manipulation or not...

If that's for investment and not speculation then that person will be banging their head against the wall when they learn of DMS.SELLING. Costs 0.031 BTC per share and will be paying out around 0.008 BTC probably on Friday. Those 250 shares at 4.27 BTC each could purchase 34,435 shares of DMS.SELLING at 0.031 BTC each, which would make 275 BTC by this Saturday.

You can't buy 35k of DMS.SELLING at 0.031 because only like 293 are available at that price. It has no liquidity for a guy like that. In addition DMS.SELLING doesn't work like that. You're full of something, and it aint facts. You should really back up out of this thread slowly. Save some of your dignity Mabsark.



Wow.. 250 buy order guy, please stop pushing it up. Just chill and wait for some sells.

Just like he couldn't buy 250 AM shares because there wasn't 250 shares available at that price at that moment in time. There is however 38,454 shares outstanding so it is actually a possibility that someone could buy 35,000 shares for 0.031 BTC each.

[1714681408]

1714681408

[1714681408]

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[Eric Muyser]

Somebody placed a 250 shares buy order at btct (> 1000BTC)  
I'm curious to see if it is manipulation or not...

If that's for investment and not speculation then that person will be banging their head against the wall when they learn of DMS.SELLING. Costs 0.031 BTC per share and will be paying out around 0.008 BTC probably on Friday. Those 250 shares at 4.27 BTC each could purchase 34,435 shares of DMS.SELLING at 0.031 BTC each, which would make 275 BTC by this Saturday.

You can't buy 35k of DMS.SELLING at 0.031 because only like 293 are available at that price. It has no liquidity for a guy like that. In addition DMS.SELLING doesn't work like that. You're full of something, and it aint facts. You should really back up out of this thread slowly. Save some of your dignity Mabsark.

Just like he couldn't buy 250 AM shares because there wasn't 250 shares available at that price at that moment in time. There is however 38,454 shares outstanding so it is actually a possibility that someone could buy 35,000 shares for 0.031 BTC each.

..... Really? REALLY?? ? ?? Outstanding IS NOT EQUAL TO for sale. There's only 3341 DMS.SELLING for sale. There's 1541 AM for sale. He would only bring it up to 4.7 buying 250 of AM. He would bring it up to 0.053 buying DMS and STILL NOT FILL HIS ORDER. 0.053 is MUCH HIGHER than 0.031. 4.7 IS NOT MUCH HIGHER than 4.3. Do the math. Yeah, maybe it's possible IF HE WAITS A MILLION YEARS. If pigs fly and we're all cyborgs and other imaginary shit that may or may not come true but no reasonable person would ever use as an argument to base decisions on right now.

"I'm going to cut off my pigs legs and eat them for dinner, cause... they will fly.. eventually..."
"I'll lose my legs? It's okay.. I'll be a cyborg soon anyway."

I'm officially sold you are a troll of epic proportion. Sometimes it seems like you're speaking sense, like that AM is taking advantage of prices as a monopoly, but most times you're just a trollin AM hater.

[Mabsark]

Somebody placed a 250 shares buy order at btct (> 1000BTC)  
I'm curious to see if it is manipulation or not...

If that's for investment and not speculation then that person will be banging their head against the wall when they learn of DMS.SELLING. Costs 0.031 BTC per share and will be paying out around 0.008 BTC probably on Friday. Those 250 shares at 4.27 BTC each could purchase 34,435 shares of DMS.SELLING at 0.031 BTC each, which would make 275 BTC by this Saturday.

You can't buy 35k of DMS.SELLING at 0.031 because only like 293 are available at that price. It has no liquidity for a guy like that. In addition DMS.SELLING doesn't work like that. You're full of something, and it aint facts. You should really back up out of this thread slowly. Save some of your dignity Mabsark.

Just like he couldn't buy 250 AM shares because there wasn't 250 shares available at that price at that moment in time. There is however 38,454 shares outstanding so it is actually a possibility that someone could buy 35,000 shares for 0.031 BTC each.

..... Really? REALLY?? ? ?? Outstanding IS NOT EQUAL TO for sale. There's only 3341 DMS.SELLING for sale. There's 1541 AM for sale. He would only bring it up to 4.7 buying 250 of AM. He would bring it up to 0.053 buying DMS and STILL NOT FILL HIS ORDER. 0.053 is MUCH HIGHER than 0.031. 4.7 IS NOT MUCH HIGHER than 4.3. Do the math.

I'm officially sold you are a troll of epic proportion. Sometimes it seems like you're speaking sense, like that AM hardware is not cheap may not fulfill ROI, but most times you're just a trollin AM hater.

Did I say that outstanding means they are for sale? No I did not. What I'm saying is that if he placed a bid for 35,000 shares at 0.031 BTC per share, then it is possible that those bids could be filled. While that is almost certainly unlikely to occur, it is still a valid possibility. That is a fact which does not depend on the number of shares currently for sale.

Just because I don't take part in worshipping AM, doesn't mean I hate them. I'm just looking to make profit and at the moment, DMS.SELLING is easily the most profitable asset available. I just think AM is overpriced at the moment and have stated my reasons for why I think that. I want AM prices to fall to a price I think reasonble, and then I will buy more shares. Unfortunately for me, I think I'll have to wait a few months for that to happen when the competition is out in full force.

You guys can call me a troll as much as you want. Posting facts, backing them up and replying to people who have replied to you is not trolling though. I'm not trying to wind you guys up for a buzz, I'm simply trying to bring some reality to a thread were people are claiming AM to be worth 10+ BTC.

[binaryFate]

I don't get why this guy with 145 buy order at 4.38 (was the one with 250 originally I guess) does not buy remaining shares here, at 4.3:
https://bitcointalk.org/index.php?topic=250380.msg2658706#msg2658706

The only explanation I see is that direct shares, even if you ask seller to tell friedcat you want them on PT right away, will still take few days to arrive to the exchange. So to me it indicates this guy with the buy order is aiming at selling those shares even earlier than "few days".

[101111]

Could be a super frieday? High divs and BTC looks ready to spring $5 - $10 usd higher?

 or $15!

[velacreations]

I don't get why this guy with 145 buy order at 4.38 (was the one with 250 originally I guess) does not buy remaining shares here, at 4.3:
https://bitcointalk.org/index.php?topic=250380.msg2658706#msg2658706

The only explanation I see is that direct shares, even if you ask seller to tell friedcat you want them on PT right away, will still take few days to arrive to the exchange. So to me it indicates this guy with the buy order is aiming at selling those shares even earlier than "few days".

the most likely explanation is that it is TAT buying for the new offering on HL.

[Streets 2.0]

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.

I thought today was the day we were to reckon?  Think we still might hear something out of Friedcat today/this week?

[freedomno1]

I don't get why this guy with 145 buy order at 4.38 (was the one with 250 originally I guess) does not buy remaining shares here, at 4.3:
https://bitcointalk.org/index.php?topic=250380.msg2658706#msg2658706

The only explanation I see is that direct shares, even if you ask seller to tell friedcat you want them on PT right away, will still take few days to arrive to the exchange. So to me it indicates this guy with the buy order is aiming at selling those shares even earlier than "few days".

the most likely explanation is that it is TAT buying for the new offering on HL.

Possibly TAT does have 1/1 coverage on all shares issued in the passthrus confirmed by his Board Status

It will probably take a while to see real volumes in the AM1 depending on how fast equity is added but 37 full shares is really small so we are likely to see new shares being introduced at fixed prices in a few days to get some liquidity built into the share.

That said it took a couple months to get AM100 to 2500 full units and it started around 250 whole shares I think back then so give it a bit of time.

Gz TAT again

[Franktank]

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.

I thought today was the day we were to reckon?  Think we still might hear something out of Friedcat today/this week?

Yea, that was a rather bold prediction, wasn't it? Rest assured, there will be a reckoning.... Um, soon....

[VeeMiner]

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.

I thought today was the day we were to reckon?  Think we still might hear something out of Friedcat today/this week?

Yea, that was a rather bold prediction, wasn't it? Rest assured, there will be a reckoning.... Um, soon....

just postpone it till next week and I'm sure we will reckon

[freedomno1]

The reckoning will come when we see Friedcats own photo
U_U He taunted us with his IPO meeting reference now I know hes not satoshi but I want to solve the mystery XD
Ask one of the board maybe ha-ha no I'm being stalkerish  

As for the dividend redemption I think it will come in a bit July 24th dividend maybe so Franktank has something to quote when it passes by

Adds some ridiculousness
(Version 2 of this prediction)
By the power invested in the seer of bitcoin I shall see into the future using the power of Schroinger's Cat to access the key that accesses the mind of the Friedcat and predict the worthiness of this prediction, as the reckoning approaches I sense great power emanating from the date July 24 be prepared ye mortals for the day that hath yet to come approaches.

Selfless Disclaimer
History dictates that it is the wise who are most foolish


Secondary Note
2 Weeks reference whistle  

[Kyune]

The reckoning will come when we see Friedcats own photo
U_U He taunted us with his IPO meeting reference now I know hes not satoshi but I want to solve the mystery XD
Ask one of the board maybe ha-ha no I'm being stalkerish  

I haven't read all of friedcat's posts, but is there any particular reason for assuming friedcat is male?

[chanson]

There's a thread on reddit where they think they've found his facebook/photos. The evidence seems somewhat tenuous. It may well be old and discredited news for all I know.

[ning]

The reckoning will come when we see Friedcats own photo
U_U He taunted us with his IPO meeting reference now I know hes not satoshi but I want to solve the mystery XD
Ask one of the board maybe ha-ha no I'm being stalkerish  

I haven't read all of friedcat's posts, but is there any particular reason for assuming friedcat is male?

He really is a dude.

[Aureum_Coffee]

Speculation.  Unconfirmed info.

Someone posted Chinese Taobao website link at AM main thread, where the new designed ASICminer blades are in pre-order phase.

New 5 Ghash/s mini blade.  9.88 BTC.  35 watt.
New 10 Ghash/s blade. 18.88 BTC.  70 watt.

[Pierre]

So at the moment AM is doing maybe 50 TH/s which means they are consuming... 350 kilowatts of electricity! Nice!

[velacreations]

so, the new blades are pre-selling in China, sold several hundred, already.  Hopefully, FC will get these for sale this week so we can get these sales on the dividend!

for anyone keeping count:
217 minis @ 9.88 btc = 2144 btc
110 blades @ 18.88 btc = 2077 btc

total - 4221 btc = .0105 per share

[dhenson]

Seeing as how this is a speculation thread, and I feel like speculating, here goes.

AM Mining is off to an amazing start this week... In fact, total network hash rate is up ~25% and AM has managed to GAIN % overall.  Add to that we may see blade revenue on Wednesday and things are looking down right peachy.

It boggles the mind that the share price is going down.  All I can figure is that people are selling to cash out btc/usd under the false impression that we're on a temporary high.  The recent drop in btc/usd was due to the incredibly thin market caused by mt. gox USD issues that have since been at least partially resolved. Not to mention Coinbase instant purchasing going live... We've definitely seen the bottom.

As of this post, btc is at $98 USD and AM shares are trading around 4.2 for $411.60/share.  By this time next week it'll be at minimum ~475/share ($105/btc 4.5/share).

[Pierre]

Anyone looking for a bargain head down to Havelock Investments: AM100 shares available at ฿0.0395   right now

[freedomno1]

Anyone looking for a bargain head down to Havelock Investments: AM100 shares available at ฿0.0395   right now

The mad stupidity in Sandstorm forced me to liquidate just a smidgen to play with it for my personal amusement haha
Facepalms all around