AirWolf
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Merit: 100
Havelock robbed me 170BTC
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March 07, 2015, 02:11:35 PM |
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HAVELOCK ROBBED ME MORE THAN 170BTC - BEWARE OF THIS THIEVES!
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FUR11
Sr. Member
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Activity: 378
Merit: 250
FURring bitcoin up since 1762
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March 09, 2015, 01:26:20 PM |
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Price crashing hard on Havelock... Do you think it's (Chinese!?) people knowing something we don't know yet or just the slowly onsetting realization that this thing is over?
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Blazed
Casascius Addict
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Activity: 2128
Merit: 1119
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March 09, 2015, 01:33:38 PM |
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Price crashing hard on Havelock... Do you think it's (Chinese!?) people knowing something we don't know yet or just the slowly onsetting realization that this thing is over?
It would take some serious faith to stick with AM after the last year. With all of this supposed kidnapping along with how they have ignored investors, and failed with everything since gen 1. I am amazed prices have held as long as they did.
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NotLambchop
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March 09, 2015, 01:36:23 PM |
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Price crashing hard on Havelock... Do you think it's (Chinese!?) people knowing something we don't know yet or just the slowly onsetting realization that this thing is over?
Nothing to worry about... Just shaking out the weak hands. A temporary correction, panic selling... Whales keeping price artificially low to increase their holdings... Cheap shares, last chance to get in @<.1. Lol, who'm I kidding? Price ~0.0239 too high.
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HarmonLi
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Activity: 350
Merit: 250
Honest 80s business!
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March 09, 2015, 04:44:06 PM |
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Truly a similar situation as gox one year ago. Even the odds (or at least the perceived odds) look very similar in this case. We're now at a point where people with positive inside knowledge could make a very big buck as soon as they're certain FC returns.
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Chalkbot
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Activity: 896
Merit: 1001
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March 09, 2015, 04:53:36 PM |
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Truly a similar situation as gox one year ago. Even the odds (or at least the perceived odds) look very similar in this case. We're now at a point where people with positive inside knowledge could make a very big buck as soon as they're certain FC returns.
Unless the new rumor that the chip order was never submitted is true... Then it doesn't really matter if he returns.
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hdbuck
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Activity: 1260
Merit: 1002
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March 09, 2015, 04:55:09 PM |
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Truly a similar situation as gox one year ago. Even the odds (or at least the perceived odds) look very similar in this case. We're now at a point where people with positive inside knowledge could make a very big buck as soon as they're certain FC returns.
Unless the new rumor that the chip order was never submitted is true... Then it doesn't really matter if he returns. game over.
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KarmaShark
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March 09, 2015, 04:59:38 PM |
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https://www.facebook.com/Bitmain/posts/859782150729679Bitmain 20 mins ago, we received a very important intelligence and we decide to increase the price of S5 by 20%. A certain competitor which we pay attention has not submit any mass production order to its wafer supplier. Only a small batch of pilot run has been submitted before the Chinese New Year. It has confirmed a long but uncertain guess that the aggressiveness get in trouble. The best time for mining bitcoin comes right now. If this is confirmed then yes, it would appear that ASIC MINER is finished and Fried Cat's return is trivial. The allegations that Fried Cat was bleeding out the company over the previous 1.5 years probably has validity to it now as well. Bitmain recently posted one hour ago on their Facebook account that they heard news a major competitor never submitted their new chip for mass production, and in turn Bitmain is now jacking up the price on the S5 by 20%, due to lack of ASIC MINER competition with no Gen4.Wasn't Bitmain the company Fried Cat was being accused of bleeding ASCI MINER into?
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hdbuck
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Activity: 1260
Merit: 1002
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March 09, 2015, 05:00:52 PM |
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https://www.facebook.com/Bitmain/posts/859782150729679Bitmain 20 mins ago, we received a very important intelligence and we decide to increase the price of S5 by 20%. A certain competitor which we pay attention has not submit any mass production order to its wafer supplier. Only a small batch of pilot run has been submitted before the Chinese New Year. It has confirmed a long but uncertain guess that the aggressiveness get in trouble. The best time for mining bitcoin comes right now. Is this is confirmed then yes, it would appear that ASIC MINER is finished and Fried Cat's return is trivial. The allegations that Fried Cat was bleeding out the company over the previous 1.5 years probably has validity to it now as well. Bitmain was posted on their Facebook account that they heard news a major competitor never submitted their new chip for mass production, and in turn Bitmain is now jacking up the price on the S5 by 20%, due to lack of ASIC MINER competition with no Gen4. Wasn't Bitmain the company Fried Cat was being accused of bleeding ASCI MINER into? yup and who knows, if you cant beat them.. join them.
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Hunyadi
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Merit: 1000
☑ ♟ ☐ ♚
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March 10, 2015, 06:59:37 AM |
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So much drama in the bitcoinworld It's like every exchange, asic manufacturer, security, etc. will be scam in the end.
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▂▃▅▇█▓▒░B**-Cultist░▒▓█▇▅▃▂
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Mabsark
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Merit: 1004
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March 10, 2015, 07:07:42 AM |
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Wasn't Bitmain the company Fried Cat was being accused of bleeding ASCI MINER into?
Accused by who? I remember gogxmagog making similar claims but that was with regards to RockMiner and AMHash.
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BootstrapCoinDev
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March 10, 2015, 10:31:45 AM |
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Price crashing hard on Havelock... Do you think it's (Chinese!?) people knowing something we don't know yet or just the slowly onsetting realization that this thing is over?
your BTC spent to BTC mined ratio remains proportionate, miners are currently worth 1/10th of the original cost. it's simple math, no one is going to pay the same price when they first came out b/c the difficulty has increased 10x since then.
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FUR11
Sr. Member
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Activity: 378
Merit: 250
FURring bitcoin up since 1762
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March 10, 2015, 10:52:31 AM |
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Price crashing hard on Havelock... Do you think it's (Chinese!?) people knowing something we don't know yet or just the slowly onsetting realization that this thing is over?
your BTC spent to BTC mined ratio remains proportionate, miners are currently worth 1/10th of the original cost. it's simple math, no one is going to pay the same price when they first came out b/c the difficulty has increased 10x since then. What does that even have to do with the potential future profits of a hardware manufacturer!? Sorry I cann't really follow this train of thought...
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HarmonLi
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Activity: 350
Merit: 250
Honest 80s business!
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March 10, 2015, 11:16:47 AM |
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Time for speculation? Well... I'll go with: DOWN. Not even a dead cat bounce here (no pun intended)... The really big walls are at 0.01, while we're at 0.016 still - I wish I had some more shares to short right now.
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ujka
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March 10, 2015, 11:22:10 AM |
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There are no walls - the whole bid side is ~1500 shares.
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Puppet
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March 10, 2015, 11:23:23 AM |
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If this is confirmed then yes, it would appear that ASIC MINER is finished and Fried Cat's return is trivial. The allegations that Fried Cat was bleeding out the company over the previous 1.5 years probably has validity to it now as well. Bitmain recently posted one hour ago on their Facebook account that they heard news a major competitor never submitted their new chip for mass production, and in turn Bitmain is now jacking up the price on the S5 by 20%, due to lack of ASIC MINER competition with no Gen4.
I wouldnt read too much in to this. Bitmain says that someone else says that some company didnt place a large order with some supplier. Bitmain is also making it appear as if its Bitfury that didnt place the order, it could even be KnC, but my guess is that Bitmain is just exploiting the turmoil to jack up their preorder prices for June. Chances are very high at least one of these companies will not deliver in quantity in the next few weeks, so they can always pretend they were alluding to another company that didnt deliver. None of this means I think AM's future looks rosy btw.
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Blazed
Casascius Addict
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Activity: 2128
Merit: 1119
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March 10, 2015, 02:16:31 PM |
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If this is confirmed then yes, it would appear that ASIC MINER is finished and Fried Cat's return is trivial. The allegations that Fried Cat was bleeding out the company over the previous 1.5 years probably has validity to it now as well. Bitmain recently posted one hour ago on their Facebook account that they heard news a major competitor never submitted their new chip for mass production, and in turn Bitmain is now jacking up the price on the S5 by 20%, due to lack of ASIC MINER competition with no Gen4.
I wouldnt read too much in to this. Bitmain says that someone else says that some company didnt place a large order with some supplier. Bitmain is also making it appear as if its Bitfury that didnt place the order, it could even be KnC, but my guess is that Bitmain is just exploiting the turmoil to jack up their preorder prices for June. Chances are very high at least one of these companies will not deliver in quantity in the next few weeks, so they can always pretend they were alluding to another company that didnt deliver. None of this means I think AM's future looks rosy btw. I agree that Bitmain is using this to jack up prices...dick move. Sounds like AM is basically a 1 man shop so without FC they can not function. Pretty sad that the entire company can not do anything without him. I give him one thing his PR/Marketing skills are amazing!
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HarmonLi
Sr. Member
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Activity: 350
Merit: 250
Honest 80s business!
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March 10, 2015, 02:18:36 PM |
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There are no walls - the whole bid side is ~1500 shares.
But the majority of bids seemed to be cluttered at 0.015... There has just been a big dump. Also the 0.01 mark seems psychologically important. I think many people are still willing to take that gamble...
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Blazed
Casascius Addict
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Activity: 2128
Merit: 1119
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March 10, 2015, 03:15:15 PM |
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There are no walls - the whole bid side is ~1500 shares.
But the majority of bids seemed to be cluttered at 0.015... There has just been a big dump. Also the 0.01 mark seems psychologically important. I think many people are still willing to take that gamble... I think Havelock should step in and halt trading, like they did with AMHASH. If that was worth shutting down because friedcat's gone, how much more so for friedcat's own security? I think people are just panic selling, maybe cooler heads would prevail if they just had a few months to think it over. Who's with me on this? Why force people to be stuck with AM shares? If I were invested I would want to dump whenever I felt like it.
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HarmonLi
Sr. Member
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Activity: 350
Merit: 250
Honest 80s business!
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March 10, 2015, 03:15:57 PM |
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There are no walls - the whole bid side is ~1500 shares.
But the majority of bids seemed to be cluttered at 0.015... There has just been a big dump. Also the 0.01 mark seems psychologically important. I think many people are still willing to take that gamble... I think Havelock should step in and halt trading, like they did with AMHASH. If that was worth shutting down because friedcat's gone, how much more so for friedcat's own security? I think people are just panic selling, maybe cooler heads would prevail if they just had a few months to think it over. Who's with me on this? Well did AMHASH request halting the trading for AMHASH? If it wasn't Havelock's sole decision I can understand them just leaving the whole situation to the free market. Why would they interfere? It's effectively their shares - those are passthrough shares.
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