ASICMINER Speculation Thread

[lophie]

Guys check this is quite funny

https://www.havelockinvestments.com/order.php?symbol=AM100

Someone is trying to stick the price or something..... 

true, quite odd.

Hmm All I see are two walls at 0.45
Unless you were referring to the 10,000 wall at 0.55 that got eaten through

There were one bid and one ask wall very close to each other.

My guess it is a single person trying something....

[Lohoris]

There were one bid and one ask wall very close to each other.

My guess it is a single person trying something....

Exactly, it was most certainly a single person, what was he trying to do is the question.

[KS]

There were one bid and one ask wall very close to each other.

My guess it is a single person trying something....

Exactly, it was most certainly a single person, what was he trying to do is the question.

bathroom run?

[woodles]

There were one bid and one ask wall very close to each other.

My guess it is a single person trying something....

Exactly, it was most certainly a single person, what was he trying to do is the question.

The person put a bid of 10000 at .0055, then over 2000 were sold to him, then the 2000 were put up for sale at .00551 or something like that. I think this was to force anyone that wanted to sell soon to sell to him. I didn't see if the entire order got filled eventually but what was interesting was that like 12 hours later the price nearly doubled. Another point of interest is that I looked at the time stamp of the 10000 order and it was put up about 30 seconds (the same minute, no joke) before Vycid made his post about changing his valuation to 0.3 for AM. My guess is that it was Vycid buying.

[BitThink]

There were one bid and one ask wall very close to each other.

My guess it is a single person trying something....

Exactly, it was most certainly a single person, what was he trying to do is the question.

The person put a bid of 10000 at .0055, then over 2000 were sold to him, then the 2000 were put up for sale at .00551 or something like that. I think this was to force anyone that wanted to sell soon to sell to him. I didn't see if the entire order got filled eventually but what was interesting was that like 12 hours later the price nearly doubled. Another point of interest is that I looked at the time stamp of the 10000 order and it was put up about 30 seconds (the same minute, no joke) before Vycid made his post about changing his valuation to 0.3 for AM. My guess is that it was Vycid buying.

It looks like an insider trading to me.

[Pierre]

This bullshit with Friedcat revealing important plans to some people before telling the rest of the shareholders is just unacceptable. I'm selling my shares, fuck this. 

[enderbender]

This bullshit with Friedcat revealing important plans to some people before telling the rest of the shareholders is just unacceptable. I'm selling my shares, fuck this. 

i dont see any new info, what are u on about? good riddance.

[ex-trader]

This bullshit with Friedcat revealing important plans to some people before telling the rest of the shareholders is just unacceptable. I'm selling my shares, fuck this.  

i dont see any new info, what are u on about? good riddance.

Quite simple. Friedcat made some statements (allegedly) to a chinese video lady, those that saw it bought shares based on what they heard and the price doubled. Everyone else didn't know until after the price-rise.

Thats why there are rules on information release in the non-bitcoin world.

[professorY]

Everyone else didn't know until after the price-rise.

Not entirely true. I saw it on this forum, went and bought and the price was only up a bit by that point. It doubled once people from here were moving in large numbers. You just had to be quick.

I know what you mean, though. It shouldn't be given out to some people and not others.

[User705]

Unfortunately there are no easy solutions to information asymmetry in markets.

[rudrigorc2]

Is there a more recent version of this?

https://docs.google.com/spreadsheet/ccc?key=0AtqphFCP56ordGVCakJxSU90MlB4MlBkZENya25pS2c#gid=9

[glendall]

Everyone else didn't know until after the price-rise.

Not entirely true. I saw it on this forum, went and bought and the price was only up a bit by that point. It doubled once people from here were moving in large numbers. You just had to be quick.

I know what you mean, though. It shouldn't be given out to some people and not others.

+1 one to me. Held shares for 3/4 months. Sold my shares after losing 4/5ths of their value.  Day after I sell the video comes out and the shares just about double. I'm not bitter or crying over it but ya, would be nice if everyone had the same info on which to base decisions.

But that's a big part of why I got out. There has been many plans announced but only some of them seem to get followed through, and most of the time, shareholders are in the dark. Lol and Asicminer is one of the better of the companies available to invest in, on Havelock.

[kingcrimson]

I thought the chinese lady said nothing new, only confirmed what was already on the table?

[dexX7]

I thought the chinese lady said nothing new, only confirmed what was already on the table?

That's true.

AM1 on Havelock touched 1 BTC by the way.

[talnted]

Its one person pumping the price... low volume.  Buying up and immediately putting in bids trying to gap fill.  Artificial but wish it was real..

[professorY]

Its one person pumping the price... low volume.  Buying up and immediately putting in bids trying to gap fill.  Artificial but wish it was real..

How can you tell? Serious question, I'm genuinely curious.

I guess what I'm asking is, what would be their motivation for doing that? There's quite a big spread so buying high, they would have to sell at a loss.

[hlynur]

I thought the chinese lady said nothing new, only confirmed what was already on the table?

well it was at least a bit more positive words about 3rd gen development.
until the interview i don't recall reading any more precise info about when or even if it's gonna be released.

[talnted]

Watch... havelock has almost no activity, so its easy to spot.  it happens at the same time.  guy is buying up shares .88 - 1.1 and the lowest bid is .86.  Then instantly a bid is posted at .95 range... obviously not trying to buy shares a good price.  Its artificial pumping and his bids are getting sold to nearly as fast.  

[talnted]

unfortunately for him the strategy doesn't do anything and he is just throwing away btc.  currently a .3 btc spread between bid and asks..

[professorY]

Watch... havelock has almost no activity, so its easy to spot.  it happens at the same time.  guy is buying up shares .88 - 1.1 and the lowest bid is .86.  Then instantly a bid is posted at .95 range... obviously not trying to buy shares a good price.  Its artificial pumping and his bids are getting sold to nearly as fast. 

But still, why do that if it's one person? Even if you are able to sell at .95, if you bought at 1.1, where's the profit in that?

Not saying you're wrong, I just don't get why someone would do that. I think it's a few people jockeying for position.

Plus, isn't Havelock at the highest volume it's seen in weeks?