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Author Topic: ASICMINER Speculation Thread  (Read 607923 times)
Lohoris
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June 30, 2013, 08:44:03 PM
 #981

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 answered
2. 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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velacreations
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June 30, 2013, 09:12:32 PM
 #982

bear trap sprung, price now rising, last was at 4.284

I bet those guys that sold at 4.1 30 minutes ago are going WTF?!?!?!

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June 30, 2013, 09:25:16 PM
 #983

BFL having issues?

http://www.cryptocoinsnews.com/2013/06/30/butterfly-labs-crumbles-getting-mass-refund-requests-units-catching-fire-and-fans-failing/

It appears their hardware that they are barely shipping is having a hard time not catching on fire.  Plus, they are starting to refuse refunds (probably because they have been receiving a tidal wave of refund requests)

Quote
Butterfly Labs have been changing their Terms and Condition to not include refunds. They are now rejecting refunds on closed deals.

Anything behind this story?

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June 30, 2013, 09:55:52 PM
 #984

BFL having issues?

http://www.cryptocoinsnews.com/2013/06/30/butterfly-labs-crumbles-getting-mass-refund-requests-units-catching-fire-and-fans-failing/

It appears their hardware that they are barely shipping is having a hard time not catching on fire.  Plus, they are starting to refuse refunds (probably because they have been receiving a tidal wave of refund requests)

Quote
Butterfly Labs have been changing their Terms and Condition to not include refunds. They are now rejecting refunds on closed deals.

Anything behind this story?


Think it was because of some rule that said refunds are not accepted once they start shipping
Which they have on micro-scales lol
Anyways pattern so far has been spike stable spike stable spike which we are in now higher stable
But that pattern does fall a bit if the dividend is low so it will be interesting

velacreations
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June 30, 2013, 10:05:26 PM
 #985


Think it was because of some rule that said refunds are not accepted once they start shipping
Which they have on micro-scales lol
too bad for their customers that ordered last week, I guess.  Product catches on fire?  NO REFUNDS!!


Anyways pattern so far has been spike stable spike stable spike which we are in now higher stable
But that pattern does fall a bit if the dividend is low so it will be interesting

yeah, we may be stable for a bit at 4.3, though I think we will grow after the larger dividend this week.

that reminds me.  It's Sunday.  It's time for:

DIVIDEND GUESSING GAME!

I guess .025 for this week.

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June 30, 2013, 10:11:07 PM
 #986

BFL having issues?

http://www.cryptocoinsnews.com/2013/06/30/butterfly-labs-crumbles-getting-mass-refund-requests-units-catching-fire-and-fans-failing/

It appears their hardware that they are barely shipping is having a hard time not catching on fire.  Plus, they are starting to refuse refunds (probably because they have been receiving a tidal wave of refund requests)

lol:
Quote
Resource Limit Is Reached

The website is temporarily unable to service your request as it exceeded resource limit. Please try again later.

I wonder if the delusional customers will finally realise they have been scammed, or if they will still pretend they have made a great deal...

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June 30, 2013, 10:18:30 PM
 #987

For an extra charge, BFL throws in a fire extinguisher with your order, now.  The bad news is that your fire extinguisher arrives a year late...

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June 30, 2013, 10:34:38 PM
 #988

Old news, and now that they are shipping (albeit slowly) refunds do not make sense (and they always said sales were "final"). Old news and non-news.

BFL will surely ship eventually. It would be folly to completely disregard the competition.
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June 30, 2013, 10:48:43 PM
 #989

BFL will surely ship eventually. It would be folly to completely disregard the competition.

I think it's a mistake to give them undeserved credit.

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June 30, 2013, 10:58:51 PM
 #990

BFL will surely ship eventually. It would be folly to completely disregard the competition.

I think it's a mistake to give them undeserved credit.
Especially since the did deserve discredit.

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June 30, 2013, 11:09:39 PM
 #991

BFL will surely ship eventually. It would be folly to completely disregard the competition.

I think it's a mistake to give them undeserved credit.
Especially since the did deserve discredit.


And should have an advertising ban until proven to deliver

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June 30, 2013, 11:12:10 PM
 #992

Speculation
Price is rising where is Jutaruls second wall going to be  Grin

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July 01, 2013, 12:03:41 AM
 #993

Speculation
Price is rising where is Jutaruls second wall going to be  Grin

Guess: 5

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velacreations
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July 01, 2013, 12:06:39 AM
 #994

Speculation
Price is rising where is Jutaruls second wall going to be  Grin
5

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empoweoqwj
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July 01, 2013, 03:30:58 AM
 #995

Old news, and now that they are shipping (albeit slowly) refunds do not make sense (and they always said sales were "final"). Old news and non-news.

BFL will surely ship eventually. It would be folly to completely disregard the competition.

In this game, shipping "eventually" equates to not shipping at all.

AM will have competition, but the BFL clowns have proven conclusively it isn't going to be them.

Any competitors will really have to step up though and be incredibly efficient to grab a hold of the cat.
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July 01, 2013, 03:46:59 AM
 #996



Plus, it's a good hedge against falling BTC/USD.



I've seen it mentioned a couple of times that investment in AM was a good hedge against the falling price of Bitcoin.  That seems counter-intuitive to me.  Could someone explain how this is possible?

That being said...  long live AM and the friendly friendcat!

Freedom is a state of mind, and then Bitcoin comes along.....
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July 01, 2013, 03:48:33 AM
 #997



Plus, it's a good hedge against falling BTC/USD.



I've seen it mentioned a couple of times that investment in AM was a good hedge against the falling price of Bitcoin.  That seems counter-intuitive to me.  Could someone explain how this is possible?

That being said...  long live AM and the friendly friendcat!

Physical assets
If Bitcoin ever was replaced by something superior that used mining they could build units for it
Or they will make a new company with new risks

dhenson
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July 01, 2013, 03:49:34 AM
 #998



Plus, it's a good hedge against falling BTC/USD.



I've seen it mentioned a couple of times that investment in AM was a good hedge against the falling price of Bitcoin.  That seems counter-intuitive to me.  Could someone explain how this is possible?

That being said...  long live AM and the friendly friendcat!

Well... I've been invested in AM for approximately 3 weeks. I invested approx. 13k USD worth of bitcoin and it's now worth approx 21k USD worth of bitcoin taking the falling btc/usd exchange rate into account.

As long as you increase your btc value faster than the usd/btc exchange rate drops you are fine.
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July 01, 2013, 03:58:50 AM
 #999

Well... I've been invested in AM for approximately 3 weeks. I invested approx. 13k USD worth of bitcoin and it's now worth approx 21k USD worth of bitcoin taking the falling btc/usd exchange rate into account.

As long as you increase your btc value faster than the usd/btc exchange rate drops you are fine.

+1

I have been with AM since .4, where I spent all my btc to buy 12 whole shares!

I now have over 50, and I've cashed out btc several times to buy things and do stuff.

So, even though BTC lost 60% or whatever, my value has increased considerably.

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stripykitteh
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July 01, 2013, 04:00:34 AM
 #1000

In this game, shipping "eventually" equates to not shipping at all.

AM will have competition, but the BFL clowns have proven conclusively it isn't going to be them.

Any competitors will really have to step up though and be incredibly efficient to grab a hold of the cat.

Yes, real competition will be in the form of a company that can do what AM have done - manufacture stock in quantity so that they can fulfill orders on demand. AM don't do pre-orders; they just sell stuff they've made. BIG difference.

Some of the current players may get to that point, but so far none have, and of those BFL look like the least likely contender. This time last year it was BFL's game to lose, now it's ASICMINER's.
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