ImI
Legendary
 Offline
Activity: 1946
Merit: 1019
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August 21, 2013, 02:52:41 PM |
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is there a way to see longterm-charts at btct.co ??
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velacreations (OP)
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August 21, 2013, 02:58:21 PM |
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Yep. TAT too has been silent lately. Didn't he become a board member?
yeah, I think he did. Maybe big news is coming and everyone is on radio silence until then. |
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TsuyokuNaritai
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August 21, 2013, 02:59:40 PM |
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Does anyone know what happened regarding the 3500 shares that were being sold? Are they being slowly dumped on the PT markets? Will they be in the near future?
If no-one knows, would anyone care to speculate? It is kind of a big deal for the share price. Here's the link: https://bitcointalk.org/index.php?topic=276891.0The auction was cancelled 3 days ago because the shares were sold to a private buyer, who the seller said wasn't a PT operator, and who people seemed to think at the time would be selling them later. |
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btcbot
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August 21, 2013, 03:06:09 PM |
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Does anyone know what happened regarding the 3500 shares that were being sold? Are they being slowly dumped on the PT markets? Will they be in the near future?
If no-one knows, would anyone care to speculate? It is kind of a big deal for the share price. Here's the link: https://bitcointalk.org/index.php?topic=276891.0The auction was cancelled 3 days ago because the shares were sold to a private buyer, who the seller said wasn't a PT operator, and who people seemed to think at the time would be selling them later. On commission... which means he was probably arb'ing them against his BTCT holdings... it's a theory. |
Don't tip me... tip the Riseup folks who protect activists around the world. |
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velacreations (OP)
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August 21, 2013, 03:10:03 PM |
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Does anyone know what happened regarding the 3500 shares that were being sold? Are they being slowly dumped on the PT markets? Will they be in the near future?
If no-one knows, would anyone care to speculate? It is kind of a big deal for the share price. Here's the link: https://bitcointalk.org/index.php?topic=276891.0The auction was cancelled 3 days ago because the shares were sold to a private buyer, who the seller said wasn't a PT operator, and who people seemed to think at the time would be selling them later. On commission... which means he was probably arb'ing them against his BTCT holdings... it's a theory. it's possible, because we've seen a single trader sell off every night for several nights, now. They seem to push the price down to around 3.4-3.5 every time. the interesting part is that it continues to recover, and pushes back towards 3.7 every night. Some nights, I have seen over 100 shares in buy order fill instantly. So, there is still demand at those levels, but certainly there is some sell pressure, too. |
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Vycid
Sr. Member
Offline
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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August 21, 2013, 04:41:16 PM |
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I hope those of you rushing to buy new shares are prepared to lose that money. The whales are awake now and are going to be looking for exits.
There are no fundamentals and this is not a growth stock. I don't know how to explain it any better. It's really, really simple and I don't get off on longs getting burned, especially by whales.
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shawshankinmate37927
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August 21, 2013, 04:51:42 PM |
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Does anyone know what happened regarding the 3500 shares that were being sold? Are they being slowly dumped on the PT markets? Will they be in the near future?
If no-one knows, would anyone care to speculate? It is kind of a big deal for the share price. Here's the link: https://bitcointalk.org/index.php?topic=276891.0The auction was cancelled 3 days ago because the shares were sold to a private buyer, who the seller said wasn't a PT operator, and who people seemed to think at the time would be selling them later. On commission... which means he was probably arb'ing them against his BTCT holdings... it's a theory. it's possible, because we've seen a single trader sell off every night for several nights, now. They seem to push the price down to around 3.4-3.5 every time. the interesting part is that it continues to recover, and pushes back towards 3.7 every night. Some nights, I have seen over 100 shares in buy order fill instantly. So, there is still demand at those levels, but certainly there is some sell pressure, too. Yeah, there is a steady trickle of sell orders coming in at one or two shares at a time on btct. Could very well be those 3500 shares being sold. Appears that the seller doesn't want to dump them all at once or make a big wall. |
"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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Trillian
Newbie
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Activity: 23
Merit: 0
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August 21, 2013, 05:21:35 PM |
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I hope those of you rushing to buy new shares are prepared to lose that money. The whales are awake now and are going to be looking for exits.
There are no fundamentals and this is not a growth stock. I don't know how to explain it any better. It's really, really simple and I don't get off on longs getting burned, especially by whales.
I'm under the impression that AM will deliver steady dividends for a long time to come, and it's hard to beat 20-30% pa divs. The fact that the value is kept in a deflationary currency like bitcoin is the cherry on the cake for me. Whales will have a hard time finding a BTC investment vehicle, _that can handle huge input volume_, that will give them the long term returns that AM can. Even with the cheapest PMB, DMS.MINING, you'll be lucky if you properly make back your principle. Whales have money to throw around, they have an appetite for risk, because that's where the big gains are. I don't see whales selling AM because it is risky, but I'm interested to know what they'll do with their exited funds that'll give them better returns. |
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damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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August 21, 2013, 05:21:57 PM |
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wow i knew it was going down, but i didnt think it would of happened this fast
anything happen?
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Franktank
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August 21, 2013, 05:22:35 PM |
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wow i knew it was going down, but i didnt think it would of happened this fast
anything happen?
Irrational panic, nothing more. |
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superduh
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August 21, 2013, 05:35:45 PM |
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I hope those of you rushing to buy new shares are prepared to lose that money. The whales are awake now and are going to be looking for exits.
There are no fundamentals and this is not a growth stock. I don't know how to explain it any better. It's really, really simple and I don't get off on longs getting burned, especially by whales.
this makes no sense - just a bunch of jibberish |
ok
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shawshankinmate37927
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August 21, 2013, 05:40:52 PM |
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Does anyone know what happened regarding the 3500 shares that were being sold? Are they being slowly dumped on the PT markets? Will they be in the near future?
If no-one knows, would anyone care to speculate? It is kind of a big deal for the share price. Here's the link: https://bitcointalk.org/index.php?topic=276891.0The auction was cancelled 3 days ago because the shares were sold to a private buyer, who the seller said wasn't a PT operator, and who people seemed to think at the time would be selling them later. Just re-listed here about an hour ago: https://bitcointalk.org/index.php?topic=279016.msg2980374#msg2980374 |
"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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VJain
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August 21, 2013, 05:46:48 PM |
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wow i knew it was going down, but i didnt think it would of happened this fast
anything happen?
Irrational panic, nothing more. I think it is rational panic. ASICMINER's dividends have steadily been decreasing, as well as Friedcat's updates. Yes, he's online daily, but he hasn't posted an update since Aug 9th after posting on a weekly basis which in my mind helped the value of ASICMINER. The Hash Rate percentage relative to the Network has steadily been decreasing. I think the valuation of ASICMINER in relation to it's dividends is sitting at about a 26% APR (no reinvestment) as of today's dividend, and in the past I've seen the APR sit as high at 30%, so maybe the asset could drop even more if dividends stay at the current percent. I haven't been following hardware sales so I cannot speak to that. |
Making Apps and Websites for people. I charge reasonable rates ($30-40/hour in BTC).
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damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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August 21, 2013, 05:52:15 PM |
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wow i knew it was going down, but i didnt think it would of happened this fast
anything happen?
Irrational panic, nothing more. I wonder how much of this has to do with the price of BTC in general. People cashing out maybe? Gox $123 Bitstamp $108.62 Campbx $108.87 Btc-E $106.25 I haven't seen any big buys unless people are excited/preparing for Hosted-Mining (with there new revision) |
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velacreations (OP)
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August 21, 2013, 06:21:35 PM |
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I think it is rational panic. ASICMINER's dividends have steadily been decreasing, as well as Friedcat's updates. Yes, he's online daily, but he hasn't posted an update since Aug 9th after posting on a weekly basis which in my mind helped the value of ASICMINER.
The Hash Rate percentage relative to the Network has steadily been decreasing. I think the valuation of ASICMINER in relation to it's dividends is sitting at about a 26% APR (no reinvestment) as of today's dividend, and in the past I've seen the APR sit as high at 30%, so maybe the asset could drop even more if dividends stay at the current percent.
I haven't been following hardware sales so I cannot speak to that.
mining revenue has been decreasing with the lower percentage, but hardware sales have typically been making up the difference (and then some). This week was a bad one, as it's obvious there were very little of both revenue streams, probably because hardware was restocking and there was some sort of problem with the mining operation, as it got down to 6% of the network. Mining is back up, and hardware is restocking, so next week's dividend should be better. That being said, we could certainly use some news from FC as far as plans for the next few weeks, details into what is going on with the hash rate, and an explanation as to when new hardware sales will resume. If FC can answer those questions, then expect a rise in share price. |
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chanson
Member
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Activity: 84
Merit: 10
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August 21, 2013, 06:52:46 PM |
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I think the margins on hardware are going to be much lower. There was a lot more to throw around when USB Eruptors were 2btc/each (and blades priced equivalently). Margins are going to be crushed.
The biggest threat is that the mining calculators got much, much better so buyers can see what's up.
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nubbins
Legendary
Offline
Activity: 1554
Merit: 1009
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August 21, 2013, 07:03:51 PM |
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in the past I've seen the APR sit as high at 30%, so maybe the asset could drop even more if dividends stay at the current percent.
Three months ago, the APR was over 100%. I wonder how much of this has to do with the price of BTC in general.
People cashing out maybe?
Gox $123
Bitstamp $108.62
Campbx $108.87
Btc-E $106.25
Gox is so high because nobody wants to sell their BTC for USD, because they can't withdraw any USD. Not a great barometer. |
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velacreations (OP)
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August 21, 2013, 07:12:09 PM |
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Gox is so high because nobody wants to sell their BTC for USD, because they can't withdraw any USD. Not a great barometer.
Coinbase is at $112 right now, increased considerably this week. |
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Panterino
Member
Offline
Activity: 70
Merit: 10
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August 21, 2013, 07:19:09 PM |
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in the past I've seen the APR sit as high at 30%, so maybe the asset could drop even more if dividends stay at the current percent.
Three months ago, the APR was over 100%. I wonder how much of this has to do with the price of BTC in general.
People cashing out maybe?
Gox $123
Bitstamp $108.62
Campbx $108.87
Btc-E $106.25
Gox is so high because nobody wants to sell their BTC for USD, because they can't withdraw any USD. Not a great barometer. What happened to Gox's bank transfer? |
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