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Author Topic: ASICMINER Speculation Thread  (Read 808838 times)
elefter
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August 12, 2013, 02:16:54 PM
 #2261


Becoming insulting. Thats all you got? LOL!

In terms of friedcat and ASICMINER we were talking about the corruption that usual businesses in china face EVERYDAY and the threats that is imposing to ASICMINER. Such corruption is simply not happening in the US. In china there is simply no jurisdiction that you can rely on. That means that a random functionary of the communist party can force you to pay him his new pool or tomorrow you wont be doing business anymore.

To complain and whine about evil wall street may or may not be justified, but in this context of ASICMINER and doing business in china it is simply annoying and missplaced.


If things were this bad some of the larger US companies wouldn't set up shop there...
velacreations (OP)
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August 12, 2013, 02:40:29 PM
 #2262

This thing completely saved Labcoin.  It was trending way down, and this spike saved it from sub-IPO value.

velacreations (OP)
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August 12, 2013, 02:56:21 PM
 #2263

It won't last. Time to try to get out at IPO price.

I agree, look at that spike right after the garden news.  Up, and right back down.

AM has staying power, and I expect it to spike above 4.5

Rival
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August 12, 2013, 03:04:24 PM
 #2264

I prefer dividends to promises every day of the week.
velacreations (OP)
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August 12, 2013, 03:21:23 PM
 #2265

I prefer dividends to promises every day of the week.

yeah, me too.  I guess Weds' dividend should be high this week with the blade sales.  Any predictions?  I think we may get close to .03.

shawshankinmate37927
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August 12, 2013, 03:43:07 PM
 #2266

Network hash rate is now over 400TH (and was under 400TH just yesterday)...

http://blockchain.info/charts/hash-rate?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

...but AM is still maintaining 13% of the network.

http://www.asicminercharts.com/live/

Should they even be selling their Blades or just hold on to them for their own mining farm?

"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
velacreations (OP)
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August 12, 2013, 03:49:36 PM
 #2267

Should they even be selling their Blades or just hold on to them for their own mining farm?

well, they are doing both, and I assume FC has projected future income from blades in mining vs selling them for hardware.

Rival
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August 12, 2013, 05:25:59 PM
 #2268

BTCgarden ads still showing up in this forum.

You would think they would have pulled them.
ajk
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August 12, 2013, 05:33:12 PM
 #2269

Some people here have the coins to toss around, while Labcoin doesnt provide dividends it is still in speculative phase and people should only have what they are willing to lose invested, this bit of advice trickles to all ends of trading

Im still bullish on Labcoin probably because I was one of the people who benefited from their badly setup IPO, im not sure about everyone else who got to benefit with me but im going to say with slight confidence that these people arent willing to release their shares simply due to the way that things went, since others had a hard time getting them kind of gives it a special quality

Im also hoping that once the coins are released from ScamGarden all the other securities will have a nice uptick, I miss AsicMiner being at 5BTC per share 
bbxx
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August 12, 2013, 05:59:43 PM
 #2270

Some people here have the coins to toss around, while Labcoin doesnt provide dividends it is still in speculative phase and people should only have what they are willing to lose invested, this bit of advice trickles to all ends of trading

Im still bullish on Labcoin probably because I was one of the people who benefited from their badly setup IPO, im not sure about everyone else who got to benefit with me but im going to say with slight confidence that these people arent willing to release their shares simply due to the way that things went, since others had a hard time getting them kind of gives it a special quality

Im also hoping that once the coins are released from ScamGarden all the other securities will have a nice uptick, I miss AsicMiner being at 5BTC per share 

i regret that i dont have even 1 btcgarden share, i would know then exactly when rally on other securities will start Smiley
velacreations (OP)
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August 12, 2013, 06:34:14 PM
 #2271

on the BTCGarden thread, they say the buyback is in progress right now.

velacreations (OP)
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August 12, 2013, 07:00:58 PM
 #2272

guys, better move those sell orders, they're gonna get filled!

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August 12, 2013, 07:07:30 PM
 #2273

BTC are rotating. AM on the rise!
keeron
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August 12, 2013, 07:35:05 PM
 #2274

guys, better move those sell orders, they're gonna get filled!

Yeah! I suspect the ones around 4.5-4.8 will get filled as well, though the price may fall back down once the orders have been filled by all this new BTC.
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August 13, 2013, 09:09:27 AM
 #2275

With BTCGarden IPO collapsing and Avalon doing god knows what, it seems AsicMiner have an amazing opportunity to consolidate their lead and the share price accordingly.

Yet again proving a btc in the hand is worth two in the bush.
Pierre
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August 13, 2013, 09:44:52 AM
 #2276

Why is the AM hash rate not going up yet? They are shipping blades but still only doing about 40GH/s

I mean, come on fellas!  Wink
Thujone
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August 13, 2013, 03:27:00 PM
 #2277

still only doing about 40GH/s

*TH/s, and it seems like it been closer to 45 than 40 lately.  I presume the reason is that they feel the current stock is worth more sold than mined with for them. Seems likely that they are waiting for next gen chips to roll in for really expanding their mining capabilities.
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August 13, 2013, 03:53:54 PM
 #2278

still only doing about 40GH/s

*TH/s, and it seems like it been closer to 45 than 40 lately.  I presume the reason is that they feel the current stock is worth more sold than mined with for them. Seems likely that they are waiting for next gen chips to roll in for really expanding their mining capabilities.

No. Next gen chips is expecting in December, by that time 40TH/s will only be between 0 and 4% of the overall hashrate. Waiting for this new gen to expand the mining farm(s) would be suicide, I am 100% sure they won't do that, and deploy some more soon. The new blades should be coming en masses now that the technical problems are solved, to be sold *and* to mine.



Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
velacreations (OP)
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August 13, 2013, 06:46:16 PM
 #2279

Seems like someone is pushing the price down before dividend day...

keeron
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August 13, 2013, 06:58:14 PM
 #2280

Seems like someone is pushing the price down before dividend day...

Catapult in action? :-)
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