ASICMINER Speculation Thread

[puck2]

This hashrate decrease is beginning to worry me...

AM just found a block. Fist one in 16 hours.

it looks like we are stuck on some 17TH/s (according to runeks.dk/bitcoin)

1.5% on the 36h... This is miserable...

Removing old blades to make room for new?

[JimiQ84]

This hashrate decrease is beginning to worry me...

AM just found a block. Fist one in 16 hours.

it looks like we are stuck on some 17TH/s (according to runeks.dk/bitcoin)

1.5% on the 36h... This is miserable...

Removing old blades to make room for new?

Maybe cooling data center little bit

[Herp]

I see this stock is pretty huge in terms on market cap.

Is this a 1 man run operation? What if this Friedcat dude dies? Will stock tank or what?

Can anyone see who are the people behind this ASICMiner? How many people are involved in this operation?

[lophie]

I see this stock is pretty huge in terms on market cap.

Is this a 1 man run operation? What if this Friedcat dude dies? Will stock tank or what?

Can anyone see who are the people behind this ASICMiner? How many people are involved in this operation?

Welcome to the party. Can you please read around before you waste our time checking the thread and fining this instead of good information and arguments..

[Herp]

I see this stock is pretty huge in terms on market cap.

Is this a 1 man run operation? What if this Friedcat dude dies? Will stock tank or what?

Can anyone see who are the people behind this ASICMiner? How many people are involved in this operation?

Welcome to the party. Can you please read around before you waste our time checking the thread and fining this instead of good information and arguments..

I have checked the original ASICminer thread and there are no clear answers to any of my questions.

So here is some speculation for you: If friedcat dies there's a good chance this stock will go to zero.

Also this guy's associates are not listed anywhere. Guy just posted in his thread that his friends are involved and that's that.

"Q: What about your partners?
A: They are my friends also located in China. I know them in person, trust
them myself in person. They are enthusiastic to this project and already commited a lot of hard
work at their best to make it succeed."

Why not give some names, references and so on?

[binaryFate]

I see this stock is pretty huge in terms on market cap.

Is this a 1 man run operation? What if this Friedcat dude dies? Will stock tank or what?

Can anyone see who are the people behind this ASICMiner? How many people are involved in this operation?

Welcome to the party. Can you please read around before you waste our time checking the thread and fining this instead of good information and arguments..

I have checked the original ASICminer thread and there are no clear answers to any of my questions.

So here is some speculation for you: If friedcat dies there's a good chance this stock will go to zero.

Also this guy's associates are not listed anywhere. Guy just posted in his thread that his friends are involved and that's that.

"Q: What about your partners?
A: They are my friends also located in China. I know them in person, trust
them myself in person. They are enthusiastic to this project and already commited a lot of hard
work at their best to make it succeed."

Why not give some names, references and so on?

Friedcat mentioned some measures are in place in case somebody get hit by a bus.
For the names, AM is not trustful to shareholders now because of names, references and so on, but because it fulfills its promises. If you're not happy with that, don't buy shares. Period.

[Herp]

I see this stock is pretty huge in terms on market cap.

Is this a 1 man run operation? What if this Friedcat dude dies? Will stock tank or what?

Can anyone see who are the people behind this ASICMiner? How many people are involved in this operation?

Welcome to the party. Can you please read around before you waste our time checking the thread and fining this instead of good information and arguments..

I have checked the original ASICminer thread and there are no clear answers to any of my questions.

So here is some speculation for you: If friedcat dies there's a good chance this stock will go to zero.

Also this guy's associates are not listed anywhere. Guy just posted in his thread that his friends are involved and that's that.

"Q: What about your partners?
A: They are my friends also located in China. I know them in person, trust
them myself in person. They are enthusiastic to this project and already commited a lot of hard
work at their best to make it succeed."

Why not give some names, references and so on?

Friedcat mentioned some measures are in place in case somebody get hit by a bus.
For the names, AM is not trustful to shareholders now because of names, references and so on, but because it fulfills its promises. If you're not happy with that, don't buy shares. Period.

Bernard Madoff fulfilled his promises for quite some time. But thanks for the info. That pretty much answers my questions.

Guess I won't touch this stock. You have to basically hope this guy will still be alive or doing his thing tomorrow or day after that and that he does indeed have backups in place and that those backups he has are trustworthy. In my book hope is not an investment strategy but to each his own. "I am more concerned with the return of my money than the return on my money.".

Fact that he's located in China also doesn't inspire much confidence. Just ask Sino-Forest investors and they'll tell you why.

I also see dividends have been falling lately without clear explanation as to why and one friedcat provided was not too convincing.

[mechs]

So the hash rate is markedly down for the last few days to 2%.  This is out of proportion to the total increase in network hash rate (meaning not a simple result of being diluted by other hash power added to the total network but also blades going offline).

Only three possibilities:
1. A catastrophic hardware failure (very bad news - we going to 1.5 - 2)
2. Moving hardware to a new location with better cooling/power infrastructure (slightly bad news since some coins lost in the meantime but a transient issue, may see a short-term small dip)
3. Blades being taking down to be replaced with new gen 2 blades (extremely good news, would mean a solid 2-3 month lead time on competitors and stock will be in the 5-6 range shortly if confirmed)

Anyone on the board of directors have some more information?

[mechs]

I see this stock is pretty huge in terms on market cap.

Is this a 1 man run operation? What if this Friedcat dude dies? Will stock tank or what?

Can anyone see who are the people behind this ASICMiner? How many people are involved in this operation?

Welcome to the party. Can you please read around before you waste our time checking the thread and fining this instead of good information and arguments..

I have checked the original ASICminer thread and there are no clear answers to any of my questions.

So here is some speculation for you: If friedcat dies there's a good chance this stock will go to zero.

Also this guy's associates are not listed anywhere. Guy just posted in his thread that his friends are involved and that's that.

"Q: What about your partners?
A: They are my friends also located in China. I know them in person, trust
them myself in person. They are enthusiastic to this project and already commited a lot of hard
work at their best to make it succeed."

Why not give some names, references and so on?

Friedcat mentioned some measures are in place in case somebody get hit by a bus.
For the names, AM is not trustful to shareholders now because of names, references and so on, but because it fulfills its promises. If you're not happy with that, don't buy shares. Period.

Bernard Madoff fulfilled his promises for quite some time. But thanks for the info. That pretty much answers my questions.

Guess I won't touch this stock. You have to basically hope this guy will still be alive or doing his thing tomorrow or day after that and that he does indeed have backups in place and that those backups he has are trustworthy. In my book hope is not an investment strategy but to each his own. "I am more concerned with the return of my money than the return on my money.".

Fact that he's located in China also doesn't inspire much confidence. Just ask Sino-Forest investors and they'll tell you why.

I also see dividends have been falling lately without clear explanation as to why and one friedcat provided was not too convincing.

It is the same for almost every bitcoin stock. Remember, the biggest securities fraud in bitcoin history, by piratesat40 was done by an American who never even hid his real name.  In bitcoin world all you have is your reputation and track record.  There are very few in the same trust league as Friedcat such as John K, Dooglus, theymos and Burnside. if you not going to trust these people, then you cannot invest in any bitcoin securities since there is nothing better from a trust perspective out there.

[Herp]

I see this stock is pretty huge in terms on market cap.

Is this a 1 man run operation? What if this Friedcat dude dies? Will stock tank or what?

Can anyone see who are the people behind this ASICMiner? How many people are involved in this operation?

Welcome to the party. Can you please read around before you waste our time checking the thread and fining this instead of good information and arguments..

I have checked the original ASICminer thread and there are no clear answers to any of my questions.

So here is some speculation for you: If friedcat dies there's a good chance this stock will go to zero.

Also this guy's associates are not listed anywhere. Guy just posted in his thread that his friends are involved and that's that.

"Q: What about your partners?
A: They are my friends also located in China. I know them in person, trust
them myself in person. They are enthusiastic to this project and already commited a lot of hard
work at their best to make it succeed."

Why not give some names, references and so on?

Friedcat mentioned some measures are in place in case somebody get hit by a bus.
For the names, AM is not trustful to shareholders now because of names, references and so on, but because it fulfills its promises. If you're not happy with that, don't buy shares. Period.

Bernard Madoff fulfilled his promises for quite some time. But thanks for the info. That pretty much answers my questions.

Guess I won't touch this stock. You have to basically hope this guy will still be alive or doing his thing tomorrow or day after that and that he does indeed have backups in place and that those backups he has are trustworthy. In my book hope is not an investment strategy but to each his own. "I am more concerned with the return of my money than the return on my money.".

Fact that he's located in China also doesn't inspire much confidence. Just ask Sino-Forest investors and they'll tell you why.

I also see dividends have been falling lately without clear explanation as to why and one friedcat provided was not too convincing.

It is the same for almost every bitcoin stock. Remember, the biggest securities fraud in bitcoin history, by piratesat40 was done by an American who never even hid his real name.  In bitcoin world all you have is your reputation and track record.  There are very few in the same trust league as Friedcat such as John K, Dooglus, theymos and Burnside. if you not going to trust these people, then you cannot invest in any bitcoin securities since there is nothing better from a trust perspective out there.

That pirate guy you've mentioned now risks some serious jail time. So fact that he revealed his named provided a level of accountability. He will now pay for scamming people. He will also have to carry that reputation for all his life. Same can't be said though about those who don't reveal their own or their associates' identity.

I have to say though, I am amazed by the level of trust I've seen in this community. The market cap of this stock is good  example.

[101111]

I have to say though, I am amazed by the level of trust I've seen in this community. The market cap of this stock is good  example.

A lot of AM investors have already received their money back in dividends.

[101111]

That ad space isn't going to come cheap, most recent bid (betcoin https://bitcointalk.org/index.php?topic=290007.msg3136054#msg3136054) was 7 @ 17 !

[Franktank]

I have to say though, I am amazed by the level of trust I've seen in this community. The market cap of this stock is good  example.

A lot of AM investors have already received their money back in dividends.

Anyone that bought in late Feb - early March has gotten their ROI, AM has paid out a total of about 0.54/share.

[ImI]

I have to say though, I am amazed by the level of trust I've seen in this community. The market cap of this stock is good  example.

A lot of AM investors have already received their money back in dividends.

Anyone that bought in late Feb - early March has gotten their ROI, AM has paid out a total of about 0.54/share.

Indeed, but in terms of fair valuation of this stock past divs doenst matter. Only future divs matter.

I personally think that the early bird advantage is gone and now as the big guys are entering the market the competetion ist going through the roof.

That means WAY lower profit margins for every ASIC producer and thus means WAY lower divs in the long term.

Special time is over imo.

[BitAddict]

That ad space isn't going to come cheap, most recent bid (betcoin https://bitcointalk.org/index.php?topic=290007.msg3136054#msg3136054) was 7 @ 17 !

Ad price is getting ridiculous. Probably ad bubble coming?

[101111]

I have to say though, I am amazed by the level of trust I've seen in this community. The market cap of this stock is good  example.

A lot of AM investors have already received their money back in dividends.

Anyone that bought in late Feb - early March has gotten their ROI, AM has paid out a total of about 0.54/share.

Indeed, but in terms of fair valuation of this stock past divs doenst matter. Only future divs matter.

I personally think that the early bird advantage is gone and now as the big guys are entering the market the competetion ist going through the roof.

That means WAY lower profit margins for every ASIC producer and thus means WAY lower divs in the long term.

Special time is over imo.

The issue was one of trust, which Friedcat clearly has in well-deserved abundance.

In terms of fair valuation for AM you are saying this trust is worth nothing. I disagree.

Future divs, heck even next weeks' divs are only a wild-ass guess, so good luck arriving at a fair valuation on that basis.

If bitcoin takes off as we all hope it will, as an asset, a protocol, a platform, etc. spawning whole new products and services, and FC keeps adding new revenue streams (such as the recently added franchising), who knows where we will be in 5 or 10 years time? One day soon you might look back and see this stage as early bird?

[freedomno1]

That ad space isn't going to come cheap, most recent bid (betcoin https://bitcointalk.org/index.php?topic=290007.msg3136054#msg3136054) was 7 @ 17 !

Ad price is getting ridiculous. Probably ad bubble coming?

There has always been one discussion on the meta board about ad's etc and the whole Diamondcards bitcointalk has money but won't upgrade the dang forum software and allows bad companies to still advertise here argument.
But those bids are quite high hope Friedcat can get a quiet round

[velacreations]

I also see dividends have been falling lately without clear explanation as to why and one friedcat provided was not too convincing.

investing in future hardware is not convincing?

[superduh]

given the current situation shouldn't AM just join a pool for the time being?

[velacreations]

Only three possibilities:
1. A catastrophic hardware failure (very bad news - we going to 1.5 - 2)
2. Moving hardware to a new location with better cooling/power infrastructure (slightly bad news since some coins lost in the meantime but a transient issue, may see a short-term small dip)
3. Blades being taking down to be replaced with new gen 2 blades (extremely good news, would mean a solid 2-3 month lead time on competitors and stock will be in the 5-6 range shortly if confirmed)

Anyone on the board of directors have some more information?

other possibilities:

power issues, network issues, software issues, etc

This isn't the first time we've had a big drop in the last few weeks, so we can assume it is a recurring problem.

I hope they are moving to a better situation that resolves the issue.