ASICMINER Speculation Thread

[MrMochi]

I'd expect to hit 2 BTC/share and maybe even dip under that.
But in the mid term more than 3.5 BTC seems like a fantasy at this stage.

Would rather have seen the dividends kept at around 0.019-0.022 instead of higher.
With the rest saved for a rainy day.

[mechs]

I am not seeing any support or btct until 2.85BTC which we will probably get to and hang out around until next Wednesday. 
New prediction: we will see 2.5BTC before we see 3.7BTC 
I am actually short-term bearish but mid-term bullish.  I think FC will deliver before the competition and this will see mid-4s by year end.  But we are in for a couple disappointing dividend payments as short sighted investors fret about the cashflow going towards R&D and the dividend suffering.  Also, more Avalon chips and BFLs will come online before ASICMiner puts their new hashing tech online and our hashrate will likey slowly decline over the next month - this will further scare out the speculators.

I was proven right yet again, now under 2.5 (last I checked at 2.35BTC).

[ineededausername]

It's fun watching it go down in a panic over two reduced dividends, which were later explained to be the minority of our income for the last two weeks.  In Bitcoin-world, if the money's not in a speculator's hands immediately after it is earned in the form of dividends, they seem to think that it's gone... there is no concept of reinvestment here. 

I haven't seen a successful, publicly listed Bitcoin company without dividends yet.  It speaks to our shortsightedness.

[mechs]

It's fun watching it go down in a panic over two reduced dividends, which were later explained to be the minority of our income for the last two weeks.  In Bitcoin-world, if the money's not in a speculator's hands immediately after it is earned in the form of dividends, they seem to think that it's gone... there is no concept of reinvestment here.  

I haven't seen a successful, publicly listed Bitcoin company without dividends yet.  It speaks to our shortsightedness.

There is actually good reason for this: with no oversight, no regulation, anonymity of management, no transparency and absolutely no recourse in event of fraud - as a result, there is no trust. The only guarantee you have in bitcoinland in when your ROI is provided to you via coins transferred to your wallet. This selling represents a lack of trust and faith in management, whether you feel it is valid or not.

[powpow]

I am not seeing any support or btct until 2.85BTC which we will probably get to and hang out around until next Wednesday. 
New prediction: we will see 2.5BTC before we see 3.7BTC 
I am actually short-term bearish but mid-term bullish.  I think FC will deliver before the competition and this will see mid-4s by year end.  But we are in for a couple disappointing dividend payments as short sighted investors fret about the cashflow going towards R&D and the dividend suffering.  Also, more Avalon chips and BFLs will come online before ASICMiner puts their new hashing tech online and our hashrate will likey slowly decline over the next month - this will further scare out the speculators.

I was proven right yet again, now under 2.5 (last I checked at 2.35BTC).

Good call.  I'm just gonna ride the waves out, it'll wash out in the end.

[superduh]

i suggested to friedcat, with no response from him that a good way to grow AM is to invest in other business as well.
not just "franchising" but actual "equity stakes" in competitors .
taking 10-25% stake in competitors (anything from knc to cointerra) and having them be an actual competitor is great!

they won't be controlling the network. other people will be innovating on their own. and they will get 10-25% return on their own competition! so they can secure more coins without ever remotely "compromising" the bitcoin network. competitors do worse then AM does better - if competitors to better AM still has an upside from this. there are many opportunities for AM regardless. as long as they make few mistakes and with good management AM can be a force to recon with and be a "billion" dollar company on their own

[Rebelution]

i suggested to friedcat, with no response from him that a good way to grow AM is to invest in other business as well.
not just "franchising" but actual "equity stakes" in competitors .
taking 10-25% stake in competitors (anything from knc to cointerra) and having them be an actual competitor is great!

they won't be controlling the network. other people will be innovating on their own. and they will get 10-25% return on their own competition! so they can secure more coins without ever remotely "compromising" the bitcoin network. competitors do worse then AM does better - if competitors to better AM still has an upside from this. there are many opportunities for AM regardless. as long as they make few mistakes and with good management AM can be a force to recon with and be a "billion" dollar company on their own

I think this would make sense in more regulated markets, but in an unregulated market full of scammers and liars, IMHO this is a TERRIBLE idea.  If investors wan't to hedge their AM by owning shares of other companies they are perfectly free to do so.  No reason to have friedcat force all shareholders to diversify.

[culexevilman]

someone brought 78 shares, nice.

[Manna]

Dividend for the next week seem to be a little higher than the last (estimation on asicminercharts.com/live), but still a drop in price under 3 BTC. 30% Dividend Return per year... I smell manipulation and therefore panic selling.

[puck2]

someone brought 78 shares, nice.

where did they bring them?

[bigdude]

someone brought 78 shares, nice.

where did they bring them?

Ok, I must admit ... that made me chuckle 

[Pierre]

Party is over. Pack it up, let's go home guys! Friedcat can't even keep his measly 50 TH/s up anymore. AM is dead.

[Vycid]

Party is over. Pack it up, let's go home guys! Friedcat can't even keep his measly 50 TH/s up anymore. AM is dead.

I never thought I'd say this, but... you're too bearish.

AM isn't dead, this is just a long-overdue adjustment. Wait until after the Gen 2 release for your eulogies please.

[freedomno1]

They are taking a catnap

(Got to keep up the cat references)

[velacreations]

AM isn't dead, this is just a long-overdue adjustment. Wait until after the Gen 2 release for your eulogies please.

+1, Vycid

[wss999]

  Anyone with expertise in deploying large amount of the asic chips?  I am looking for a partner to help deployment of 50T+ of asic chips in USA (don't have the chips yet, but should be here soon), those chips consumes a lot of power from the specs I get (~400KW).  Any help would be greatly appreciated, please contact me via PM to discuss details.  Thanks

[velacreations]

new USBs: https://bitcointalk.org/index.php?topic=280961

[culexevilman]

going up?

[binaryFate]

going up?

Yeah, going up, close to 3 on btct now. Demonstrates once again how shortsighted were (are?) some holders.

[culexevilman]

glad I brought on the way down around 2.3-2.4