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ajk
Donator
Sr. Member
 Offline
Activity: 447
Merit: 250
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June 30, 2013, 04:47:53 PM |
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calling of bubbles is the biggest sham in trading, why?
it keeps going up violently you are correct
if it pops and goes down you are correct,
The world has also never seen a thing like Bitcoin BTCBTC
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TECHICENINE
Newbie
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Activity: 28
Merit: 0
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June 30, 2013, 05:28:41 PM |
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Well, with so far nothing but good news and based on the next div being good I can see it above 5.
I can't see any reason to sell, can you?
I'm not going to shit my pants and jump out just because it went up quickly...it may slip back a bit between now and div day but it always does.
Too much good news pending and long positioned owners for it to drop significantly in the near future.
It would take an atom bomb of bad news to turn it into an AMC type disaster...
Jump out, probably not. Sell, yes. I've tripled my investment in under 2 months. The worst that happens is you lock in a fat profit. Just make sure to keep some, in case things get stay crazy  agreed/\smart traders flip out %5O let the free shares ride wait for BTC\/reboot it's how we do it..thanks |
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TECHICENINE
Newbie
Offline
Activity: 28
Merit: 0
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June 30, 2013, 05:36:07 PM |
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It's going parabolic. AM's value didn't go up 40% in 2 days, so why should the share price be. This is a bubble.
imo we need more/\volatility so promoters can dump shares make money and go on an long\/vacation..thanks |
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SilentSonicBoom
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June 30, 2013, 05:39:59 PM |
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The price has risen in my opinion due to more exposure to the bitcoin community and friedcat delivering on his promises. 6 months ago, very few people knew about or followed ASICMINER. Today, a much larger group has at least heard about ASICMINER. Maybe even bought shares or ASICMINER hardware.
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velacreations (OP)
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June 30, 2013, 05:54:10 PM |
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hmmm, another troll wanting cheap shares... |
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circuitry
Member
Offline
Activity: 61
Merit: 10
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June 30, 2013, 05:58:10 PM |
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The price has risen in my opinion due to more exposure to the bitcoin community and friedcat delivering on his promises. 6 months ago, very few people knew about or followed ASICMINER. Today, a much larger group has at least heard about ASICMINER. Maybe even bought shares or ASICMINER hardware.
It reminds me of this interesting analysis from the pre-bubblepop era by a Reddit user: http://www.reddit.com/r/Bitcoin/comments/1aq5i1/bitcoin_and_exponential_growth/c8zpcu0For the lazy: "Bitcoin seems to go through phases of exponential growth, which probably means that it spreads virally through a new class of user before saturating its presence in that group [...]
For those that don't know, exponential expansion indicates that, on average, every entity participating in some network is bringing in another entity in some fixed time. It could be rabbits breeding, or cells dividing in a foetus. From 1 cell or rabbit, you get two. From 2, you get 4. From 4, 8. And so on. Each doubling occurs in the same time."It would seem as if AM's adoption dynamics are similar. |
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velacreations (OP)
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June 30, 2013, 06:08:05 PM |
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I think this last rise was due to the Chinese getting on board with AM.
That powerpoint was suggesting that AM is an excellent investment opportunity...
So, lots of new BTC in AM yesterday. Expect it to continue through dividend day.
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velacreations (OP)
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June 30, 2013, 06:21:16 PM |
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here comes the bear trap, exact same pattern as when we went past 3, hits around 4.4, then going to drop close to 4.1, then you'll see it over 4.5 tomorrow morning.
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helixone
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June 30, 2013, 06:38:59 PM |
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It's going parabolic. AM's value didn't go up 40% in 2 days, so why should the share price be. This is a bubble.
Although I already posted this in the main thread, I'd like commentary on this post: https://bitcointalk.org/index.php?topic=99497.msg2550665#msg2550665 (And please consider it a counter post to your bubble theory). -helixone I'll also add that AM really can't go parabolic like bitcoin. Because it's a real business, valuation will have some play in sales to slow it down. Bitcoins themselves are impossible to price. Is a bitcoin worth $1 or $1000? Either are valid answers, if you can get someone to pay that, as there is no pricing model or point of comparison. I'll also add my high end in this model should not be considered a cap, as it was published before FC issued the statement committing him to 800-1000TH by year end. That statement kinda makes the 1.5 divs in my estimates a surer thing, and more of a floor. (I was initially factoring that even if he didn't keep up percentages, they will in any case make up for it in HW sales.) NOW, we have to adjust for that, and it's hard because competition could have an outsized impact her. I'm not ready to give a new price, but I no longer would consider above 5.75 overpriced, and am now considering it the actual value of AM, with any price below that undervalued. Basically at this point 5.75 assumes decent competition, but if competition remains crippled I hesitate to call a ceiling at this point.. -helixone |
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TECHICENINE
Newbie
Offline
Activity: 28
Merit: 0
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June 30, 2013, 06:43:32 PM |
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It's going parabolic. AM's value didn't go up 40% in 2 days, so why should the share price be. This is a bubble.
Although I already posted this in the main thread, I'd like commentary on this post: https://bitcointalk.org/index.php?topic=99497.msg2550665#msg2550665 (And please consider it a counter post to your bubble theory). -helixone I'll also add that AM really can't go parabolic like bitcoin. Because it's a real business, valuation will have some play in sales to slow it down. Bitcoins themselves are impossible to price. Is a bitcoin worth $1 or $1000? Either are valid answers, if you can get someone to pay that, as there is no pricing model or point of comparison. I'll also add my high end in this model should not be considered a cap, as it was published before FC issued the statement committing him to 800-1000TH by year end. That statement kinda makes the 1.5 divs in my estimates a surer thing, and more of a floor. (I was initially factoring that even if he didn't keep up percentages, they will in any case make up for it in HW sales.) NOW, we have to adjust for that, and it's hard because competition could have an outsized impact her. I'm not ready to give a new price, but I no longer would consider above 5.75 overpriced, and am now considering it the actual value of AM, with any price below that undervalued. -helixone fyi/\ASICMINER is not real business it's a "virtual security" on a popular game\/website...thanks |
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shawshankinmate37927
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June 30, 2013, 06:52:03 PM |
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ASICMiner plans to deploy between 800TH and 1000TH by the end of this year ( https://bitcointalk.org/index.php?topic=246253.msg2610794#msg2610794). According to my math, using the lower end of that estimate comes out to 2 GH per share and 500 MH per BTC at BTC4 per share. 800 TH / 400,000 shares = 2 GH/share 2GH/share / 4 BTC/share = 500MH/BTC Of course, by the end of 2014 the network hashrate could be 100PH and each AM share could represent 100GH. Who knows? As long as AM is able to continue mining between 20% and 40% of all the new bitcoins themselves and is able to sell and deliver the hardware needed to mine the remaining bitcoins then a lot of folks have a hard time considering the current price a bubble. |
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." - Henry Ford
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helixone
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June 30, 2013, 06:58:46 PM |
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It's going parabolic. AM's value didn't go up 40% in 2 days, so why should the share price be. This is a bubble.
Although I already posted this in the main thread, I'd like commentary on this post: https://bitcointalk.org/index.php?topic=99497.msg2550665#msg2550665 (And please consider it a counter post to your bubble theory). -helixone I'll also add that AM really can't go parabolic like bitcoin. Because it's a real business, valuation will have some play in sales to slow it down. Bitcoins themselves are impossible to price. Is a bitcoin worth $1 or $1000? Either are valid answers, if you can get someone to pay that, as there is no pricing model or point of comparison. I'll also add my high end in this model should not be considered a cap, as it was published before FC issued the statement committing him to 800-1000TH by year end. That statement kinda makes the 1.5 divs in my estimates a surer thing, and more of a floor. (I was initially factoring that even if he didn't keep up percentages, they will in any case make up for it in HW sales.) NOW, we have to adjust for that, and it's hard because competition could have an outsized impact her. I'm not ready to give a new price, but I no longer would consider above 5.75 overpriced, and am now considering it the actual value of AM, with any price below that undervalued. -helixone fyi/\ASICMINER is not real business it's a "virtual security" on a popular game\/website...thanks You point being? Perhaps I should have prefaced "real'" with "bitcoin", IE: It's a real "bitcoin" business. I fact I'd argue with the *possible* exception of Gox, it is, and likely continue to remain to be the most valuable bitcoin business in existence. Factor in that no-one has really caught on yet, and bubble is not something we can talk about yet. Take a look at a Google News search: https://www.google.com/search?q=asicminer&&tbm=nws Only really two articles to speak of, and neither is from your typical "bubble news" factories. (The Men's Daily News article is actually a surprisingly informative intro to bitcoin-assets.) My point being that perhaps it's a little overextended, and needs "5 mins" to consolidate, but certainly not a bubble, and is likely undervalued yet. -helixone |
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TECHICENINE
Newbie
Offline
Activity: 28
Merit: 0
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June 30, 2013, 07:14:13 PM |
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It's going parabolic. AM's value didn't go up 40% in 2 days, so why should the share price be. This is a bubble.
Although I already posted this in the main thread, I'd like commentary on this post: https://bitcointalk.org/index.php?topic=99497.msg2550665#msg2550665 (And please consider it a counter post to your bubble theory). -helixone I'll also add that AM really can't go parabolic like bitcoin. Because it's a real business, valuation will have some play in sales to slow it down. Bitcoins themselves are impossible to price. Is a bitcoin worth $1 or $1000? Either are valid answers, if you can get someone to pay that, as there is no pricing model or point of comparison. I'll also add my high end in this model should not be considered a cap, as it was published before FC issued the statement committing him to 800-1000TH by year end. That statement kinda makes the 1.5 divs in my estimates a surer thing, and more of a floor. (I was initially factoring that even if he didn't keep up percentages, they will in any case make up for it in HW sales.) NOW, we have to adjust for that, and it's hard because competition could have an outsized impact her. I'm not ready to give a new price, but I no longer would consider above 5.75 overpriced, and am now considering it the actual value of AM, with any price below that undervalued. -helixone fyi/\ASICMINER is not real business it's a "virtual security" on a popular game\/website...thanks You point being? Perhaps I should have prefaced "real'" with "bitcoin", IE: It's a real "bitcoin" business. I fact I'd argue with the *possible* exception of Gox, it is, and likely continue to remain to be the most valuable bitcoin business in existence. Factor in that no-one has really caught on yet, and bubble is not something we can talk about yet. Take a look at a Google News search: https://www.google.com/search?q=asicminer&&tbm=nws Only really two articles to speak of, and neither is from your typical "bubble news" factories. (The Men's Daily News article is actually a surprisingly informative intro to bitcoin-assets.) My point being that perhaps it's a little overextended, and needs "5 mins" to consolidate, but certainly not a bubble, and is likely undervalued yet. -helixone imo shares are manipulated/\up as rats jump ship in an attempt to trade out of_ BTC_reboot\/mode..thanks |
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Lohoris
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June 30, 2013, 08:30:24 PM |
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You point being?
Ignore him, he is retarded in the original sense of the word. All of his messages make no sense whatsoever. His posts has gone so far into the realm of wtf that I'm starting to think that he's not a human troll, he might be a trollbot. If it really is a bot, kudos to the author. If he really is human wtf did his authors do to shape him this way? |
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BTCThousandaire
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June 30, 2013, 08:36:11 PM |
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Any idea who is buying AM and why? I'm very curious because I wanted to buy more at my original buy price at 2.5.
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velacreations (OP)
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June 30, 2013, 08:36:51 PM |
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His posts has gone so far into the realm of wtf that I'm starting to think that he's not a human troll, he might be a trollbot.
If it really is a bot, kudos to the author.
If he really is human wtf did his authors do to shape him this way?
I think he's definitely a bot. |
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velacreations (OP)
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June 30, 2013, 08:40:07 PM |
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Any idea who is buying AM and why? I'm very curious because I wanted to buy more at my original buy price at 2.5.
well, you can forget about that price. You'll be lucky if it goes below 4 for the next few months. China was buying a lot of shares yesterday, most likely because of that investor powerpoint. Look back through the messages on this thread to find the link. But, also, dividends are increasing, FC has plans for another 1000 TH/s of production before the end of the year, hash rate is increasing, and there are basically no other investment options that are currently worthwhile. Plus, it's a good hedge against falling BTC/USD. |
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Lohoris
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June 30, 2013, 08:44:03 PM |
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Any idea who is buying AM and why? I'm very curious because I wanted to buy more at my original buy price at 2.5.
I'm puzzled. If you are very curious, I suggest you to read, for instance, like... this thread? People are suggesting pretty much everywhere that the price have been driven up by two factors: 1. the recent questions answered2. the conferences in beijing and shanghai Please take no offence, but I guess if you are "very curious" you would have quite easily found that information... feel free to correct me if I'm wrong. |
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