tinus42
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September 20, 2013, 07:13:55 PM |
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I hope the share price drops to 1.2. Then a) we won't hear from Vycid anymore and b) I can buy cheap shares.
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Vycid
Sr. Member
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Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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September 20, 2013, 07:31:13 PM |
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I hope the share price drops to 1.2. Then a) we won't hear from Vycid anymore and b) I can buy cheap shares. If it reaches fair value territory you should expect me to say that it's fairly valued, not disappear.
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JimiQ84
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September 20, 2013, 07:33:25 PM |
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I hope the share price drops to 1.2. Then a) we won't hear from Vycid anymore and b) I can buy cheap shares. If it reaches fair value territory you should expect me to say that it's fairly valued, not disappear. There is no win with you, is it? (jk)
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supert
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September 20, 2013, 08:13:30 PM |
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activemining?
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binaryFate
Legendary
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Activity: 1512
Merit: 1012
Still wild and free
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September 21, 2013, 12:37:29 AM |
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The main AM thread is going, well... enough off topic lately. So I ask here: what the hell is going on with activemining? Anybody who is following closely the story could summarize the latest news?? Thanks!
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Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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mechs
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September 21, 2013, 12:39:31 AM |
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Traded as low as 1.65 today. This is going to under 1.5 with a bad dividend next wednesday
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Vycid
Sr. Member
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Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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September 21, 2013, 12:56:37 AM |
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Traded as low as 1.65 today. This is going to under 1.5 with a bad dividend next wednesday
I strongly suspect FC will make an announcement before then. If a poor Wednesday dividend comes and goes with no news, 1.5 would seem a generous backstop.
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mechs
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September 21, 2013, 01:23:45 AM |
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Traded as low as 1.65 today. This is going to under 1.5 with a bad dividend next wednesday
I strongly suspect FC will make an announcement before then. If a poor Wednesday dividend comes and goes with no news, 1.5 would seem a generous backstop. I don't think FC cares about the share price. He cares about performance of the company.
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Vycid
Sr. Member
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Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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September 21, 2013, 01:35:20 AM |
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Traded as low as 1.65 today. This is going to under 1.5 with a bad dividend next wednesday
I strongly suspect FC will make an announcement before then. If a poor Wednesday dividend comes and goes with no news, 1.5 would seem a generous backstop. I don't think FC cares about the share price. He cares about performance of the company. Yes, but we're setting records for the least communication just as the most things to communicate about should be happening. He has released big updates around the 22-23rd of the month a couple times. It will speak clearly of the state of things if he does not.
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mechs
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September 21, 2013, 02:20:18 AM |
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Traded as low as 1.65 today. This is going to under 1.5 with a bad dividend next wednesday
I strongly suspect FC will make an announcement before then. If a poor Wednesday dividend comes and goes with no news, 1.5 would seem a generous backstop. I don't think FC cares about the share price. He cares about performance of the company. Yes, but we're setting records for the least communication just as the most things to communicate about should be happening. He has released big updates around the 22-23rd of the month a couple times. It will speak clearly of the state of things if he does not. He will say gen 2 is moving along. Dividends being retained for R&D. There will be no precise dates or figures. Only generalities. What is that really worth?
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Vycid
Sr. Member
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Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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September 21, 2013, 02:38:10 AM |
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Traded as low as 1.65 today. This is going to under 1.5 with a bad dividend next wednesday
I strongly suspect FC will make an announcement before then. If a poor Wednesday dividend comes and goes with no news, 1.5 would seem a generous backstop. I don't think FC cares about the share price. He cares about performance of the company. Yes, but we're setting records for the least communication just as the most things to communicate about should be happening. He has released big updates around the 22-23rd of the month a couple times. It will speak clearly of the state of things if he does not. He will say gen 2 is moving along. Dividends being retained for R&D. There will be no precise dates or figures. Only generalities. What is that really worth? A lot, actually. "Gen 2 is moving along" excludes the possibility "Gen 2 is not moving along". If he makes that statement, 1.7-1.8 should hold a bit longer. Otherwise I will be lowering my price target to reflect the (lack of) new information.
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empoweoqwj
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September 21, 2013, 03:06:58 AM |
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Traded as low as 1.65 today. This is going to under 1.5 with a bad dividend next wednesday
I strongly suspect FC will make an announcement before then. If a poor Wednesday dividend comes and goes with no news, 1.5 would seem a generous backstop. I don't think FC cares about the share price. He cares about performance of the company. Yes, but we're setting records for the least communication just as the most things to communicate about should be happening. He has released big updates around the 22-23rd of the month a couple times. It will speak clearly of the state of things if he does not. He will say gen 2 is moving along. Dividends being retained for R&D. There will be no precise dates or figures. Only generalities. What is that really worth? Worth nothing really. But words are cheap. BFL, activemining were full of words ......... who can give precise dates, except people that lie? He will say very little, as he always does, but so what? Microsoft don't sit there telling their competitors what they are going to to in advance until they absolutely have to. FC just doesn't have to. He has nothing to gain from it. People say "it doesn't affect competitors" but I bet it darned well does. If FC announced Gen2 was launching on November 17th, do you think competitors will care? Of course they will. They will do everything in their power to beat FC to the punch. There is nothing like "fear of being beaten / bankrupt" to incentivise people to work harder. Never incentivise your competition.
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Vexual
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September 21, 2013, 06:32:38 AM |
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People say "it doesn't affect competitors" but I bet it darned well does. If FC announced Gen2 was launching on November 17th, do you think competitors will care? Of course they will. They will do everything in their power to beat FC to the punch. There is nothing like "fear of being beaten / bankrupt" to incentivise people to work harder.
Never incentivise your competition.
So true. Far more important than placating a few tunnel visioned share traders. Friedcat is writing the book on this game, and I am looking forward to the next chaper, in due course.
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1VEX7x76pJdreV1nJW8bXpotbCNggDxG5
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ex-trader
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September 21, 2013, 07:26:17 AM |
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I hope the share price drops to 1.2. Then a) we won't hear from Vycid anymore and b) I can buy cheap shares. For what it's worth, everyone who got very annoyed at Vycid has been proved wrong and he has been proved right. All the time he said (as did I) that AM was a great company, but was over-valued at 5/4/3 BTC he got shouted down, told he was spreading FUD etc. Guess what, the market has deteremined the price and right now it's the sub-2 level that was predicted. The market has decided this, not Vycid and all the 'to the moon' AM fanboys should be eating just a little humble pie right now. It's not to say that we won't have a huge and sudden bouce when AM bring on stream their new chips etc though. This does highlight the stupidity of looking at hash-rates/shares/divs on a weekly basis, as the resulting share volatility is so high.
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freedomno1
Legendary
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Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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September 21, 2013, 07:39:29 AM |
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The main AM thread is going, well... enough off topic lately. So I ask here: what the hell is going on with activemining? Anybody who is following closely the story could summarize the latest news?? Thanks!
You sure you mean activemining not labcoin also in the AM thread so trinity of confusion on the proper reply
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Believing in Bitcoins and it's ability to change the world
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supert
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September 21, 2013, 07:51:31 AM |
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I hope the share price drops to 1.2. Then a) we won't hear from Vycid anymore and b) I can buy cheap shares. For what it's worth, everyone who got very annoyed at Vycid has been proved wrong and he has been proved right. All the time he said (as did I) that AM was a great company, but was over-valued at 5/4/3 BTC he got shouted down, told he was spreading FUD etc. Guess what, the market has deteremined the price and right now it's the sub-2 level that was predicted. The market has decided this, not Vycid and all the 'to the moon' AM fanboys should be eating just a little humble pie right now. It's not to say that we won't have a huge and sudden bouce when AM bring on stream their new chips etc though. This does highlight the stupidity of looking at hash-rates/shares/divs on a weekly basis, as the resulting share volatility is so high. I didn't call vycid a troll because he was bearish. As i said then i agreed with some of his points. I called him a troll because he was trolling and at one point was over half the post count.
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stripykitteh
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CryptoTalk.Org - Get Paid for every Post!
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September 21, 2013, 08:08:46 AM |
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Yes Vycid delivery was annoying. I must say I'm enjoying what he is writing a lot these days whether I agree or not.
I think it was a reaction to the groupthink that was rampant here a while ago (I admit I was part of it, for a bit). It seems to have abated mostly now so his tone has moderated in response.
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KarmaShark
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September 21, 2013, 12:08:08 PM |
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Yes Vycid delivery was annoying. I must say I'm enjoying what he is writing a lot these days whether I agree or not.
I think it was a reaction to the groupthink that was rampant here a while ago (I admit I was part of it, for a bit). It seems to have abated mostly now so his tone has moderated in response. Well said Stripykitteh, Back in the spring / summer the free coin was flowing a plenty. No one wanted to hear that the share price would stop rising OR the dividends would dry up at some point. To Vycid's credit, he was one of the lone voices of reason calling for a market correction. Vycid, you know as well as I do that if you took a softer approach to the AM faithful the knowledge you possess will go much farther in others minds around here, and clearly that is something you hold in esteem. We could have used a few bears back then with thick skin, few were willing to appeal to logic. Suffice to say you will have plenty to discuss during AM's next bull run this Winter ("Did IQ's just suddenly drop around here??? 7฿ is a RIP OFF!!!! Down to 1฿ AGAIN!!!!!!")
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EskimoBob
Legendary
Offline
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
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September 21, 2013, 12:10:32 PM |
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I hope the share price drops to 1.2. Then a) we won't hear from Vycid anymore and b) I can buy cheap shares. For what it's worth, everyone who got very annoyed at Vycid has been proved wrong and he has been proved right. All the time he said (as did I) that AM was a great company, but was over-valued at 5/4/3 BTC he got shouted down, told he was spreading FUD etc. Guess what, the market has deteremined the price and right now it's the sub-2 level that was predicted. The market has decided this, not Vycid and all the 'to the moon' AM fanboys should be eating just a little humble pie right now. It's not to say that we won't have a huge and sudden bouce when AM bring on stream their new chips etc though. This does highlight the stupidity of looking at hash-rates/shares/divs on a weekly basis, as the resulting share volatility is so high. Until you guys have not see the financial statements for AM, you can not evaluate the company. Period. Until then, it's all pure speculation and frankly, a really useless one. "market has deteremined" Really, based on exactly what? Colour of the sky or friedcats eyes? Or just emotions and rampant hysteria, present in 600+ pages of useless guessing? Please put pressure on Friedcat and get the numbers published.Only then start talking about what AM is worth now or estimate it's future value.
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While reading what I wrote, use the most friendliest and relaxing voice in your head. BTW, Things in BTC bubble universes are getting ugly....
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lophie
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September 21, 2013, 01:22:02 PM |
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The market has determined that a price of 1.55BTC per share (Bitfunder) is a fair price for a company that would yield 30% a year (calculating from the worst div they ever gave)?
The market beg to disagree and who does not see this as an opportunity to buy in is not realistic. The silence of The Cat is indeed a scary thing but what is getting the price down is just panic.
My opinion only.
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Will take me a while to climb up again, But where is a will, there is a way...
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