Voodah
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January 07, 2014, 07:15:47 AM |
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i gave asicminer nearly 3 months since i started losing faith (and btc) to regain some of its form and own up to promises... with nothing. thanks for the ride friedcat, as of today, i am 100% out!
You joined at wrong time, didn't read the news, I'm happy you are out! Why do you have to always be such a condescending fanatic? I see you in every post out there doing that, getting pretty tired of that shit.
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empoweoqwj
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January 07, 2014, 02:13:54 PM |
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i gave asicminer nearly 3 months since i started losing faith (and btc) to regain some of its form and own up to promises... with nothing. thanks for the ride friedcat, as of today, i am 100% out!
You joined at wrong time, didn't read the news, I'm happy you are out! Why do you have to always be such a condescending fanatic? I see you in every post out there doing that, getting pretty tired of that shit. Then please press ignore, and don't clutter up the thread
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Rival
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January 08, 2014, 02:43:26 PM |
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Just for the record, i have never sold a single share of AM, so it should be clear that I have never participated in any sort of market manipulation.
Additionally, it should be equally clear that AM is now and will always be a very thin market. With a meager 400,000 shares and the vast vast vast majority tied up on a spreadsheet-based platform in Friedcat's desktop, the shares have no way to easily move. Any time someone on Havelock feels like buying or selling a few hundred shares it roils the market. I know it is easy to see conspiracies everywhere, and this IS the speculation thread, but sometimes a banana is just a banana.
Until such time as FC releases a blockchain-based trading platform or lists on a fiat exchange, the real market price of a share of AM will be impossible to discover. The trade is just too thin for any real price discovery.
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arnuschky
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January 08, 2014, 06:22:39 PM |
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Additionally, it should be equally clear that AM is now and will always be a very thin market. With a meager 400,000 shares and the vast vast vast majority tied up on a spreadsheet-based platform in Friedcat's desktop, the shares have no way to easily move. Any time someone on Havelock feels like buying or selling a few hundred shares it roils the market. I know it is easy to see conspiracies everywhere, and this IS the speculation thread, but sometimes a banana is just a banana.
Until such time as FC releases a blockchain-based trading platform or lists on a fiat exchange, the real market price of a share of AM will be impossible to discover. The trade is just too thin for any real price discovery.
I agree.
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Zubilica
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January 08, 2014, 07:06:30 PM |
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10 days
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empoweoqwj
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January 09, 2014, 02:25:36 AM |
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Additionally, it should be equally clear that AM is now and will always be a very thin market. With a meager 400,000 shares and the vast vast vast majority tied up on a spreadsheet-based platform in Friedcat's desktop, the shares have no way to easily move. Any time someone on Havelock feels like buying or selling a few hundred shares it roils the market. I know it is easy to see conspiracies everywhere, and this IS the speculation thread, but sometimes a banana is just a banana.
Until such time as FC releases a blockchain-based trading platform or lists on a fiat exchange, the real market price of a share of AM will be impossible to discover. The trade is just too thin for any real price discovery.
I agree. I agree. But will AM ever find the time to do it? Might not be near the top of their priority list .... ever
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Zubilica
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January 11, 2014, 06:59:43 AM |
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Does anyone offer 1 BTC /share ? going one , twice . Ok 1 BTC/share until 17th - sold ..
i just love all the nee yah ppl that wait for price to drop way below 0.3 and now the rest who bought at this price have double their assets
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empoweoqwj
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January 11, 2014, 08:07:17 AM |
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Does anyone offer 1 BTC /share ? going one , twice . Ok 1 BTC/share until 17th - sold ..
i just love all the nee yah ppl that wait for price to drop way below 0.3 and now the rest who bought at this price have double their assets
You wanna buy at 1 BTC/share?
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Zubilica
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January 11, 2014, 10:47:30 AM |
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i wanna sell at 3BTC/share , but i'm a dreamer
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empoweoqwj
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January 11, 2014, 12:32:34 PM |
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Does anyone offer 1 BTC /share ? going one , twice . Ok 1 BTC/share until 17th - sold ..
i just love all the nee yah ppl that wait for price to drop way below 0.3 and now the rest who bought at this price have double their assets
Still don't understand what you want? Are you offering shares at 1 BTC or want to buy at 1 BTC ?
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bitcoin.newsfeed
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January 11, 2014, 03:03:18 PM |
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i wanna sell at 3BTC/share , but i'm a dreamer
Haha why "dreamer"? Its possible with 10-20% of the network + sales of fully assembled containers with 3gen just be patient ...
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... Question Everything, Believe Nothing ...
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asdfghj
Newbie
Offline
Activity: 26
Merit: 8
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January 11, 2014, 05:38:11 PM |
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I was musing today about where mining will end up, and how governments will be involved. Any thoughts on the feasibility of this sort of government miner distribution (below) and whether there is a future market here?
This is a solution I feel the community is looking for - a small RaspberryPi-esque device which allows me to host a full node apart from my main PC. Ideally such a device would have some small amount of mining power, to distribute voting on the protocol rules throughout the network but I am not sure what type of adoption would be needed to take any percentage of the network hash rate away from institutional miners. But lets think about it.
In the end game mining chips are going to hit a ceiling and technology will advance slower than today.
Governments with a vested interest in Bitcoin may find it beneficial to distribute these slow-hashing nodes to the population and provide a tax credit to pay for part of the electricity. This could use previous generation tech and still make an impact:
Current hash rate: 15,000,000 Gh/s Population of france: 65,700,000
To get half the network hash rate each person would need to poses ~250Mh.
About 1 AM USB Block Erupter seems like a lot but as asics catch up to current chip-fab technology improvements will slow: the previous gen tech will have an impact much longer and be cheaper. What other benefits might this have? Well France would secure 50% of mining fees for its population. The network (and France) would be more protected from the attack of another nation state. Decisions about the protocol would be distributed away from mining pools and miners, further increasing network trust.
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empoweoqwj
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January 12, 2014, 02:55:00 AM |
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I was musing today about where mining will end up, and how governments will be involved. Any thoughts on the feasibility of this sort of government miner distribution (below) and whether there is a future market here?
This is a solution I feel the community is looking for - a small RaspberryPi-esque device which allows me to host a full node apart from my main PC. Ideally such a device would have some small amount of mining power, to distribute voting on the protocol rules throughout the network but I am not sure what type of adoption would be needed to take any percentage of the network hash rate away from institutional miners. But lets think about it.
In the end game mining chips are going to hit a ceiling and technology will advance slower than today.
Governments with a vested interest in Bitcoin may find it beneficial to distribute these slow-hashing nodes to the population and provide a tax credit to pay for part of the electricity. This could use previous generation tech and still make an impact:
Current hash rate: 15,000,000 Gh/s Population of france: 65,700,000
To get half the network hash rate each person would need to poses ~250Mh.
About 1 AM USB Block Erupter seems like a lot but as asics catch up to current chip-fab technology improvements will slow: the previous gen tech will have an impact much longer and be cheaper. What other benefits might this have? Well France would secure 50% of mining fees for its population. The network (and France) would be more protected from the attack of another nation state. Decisions about the protocol would be distributed away from mining pools and miners, further increasing network trust.
Better to leave governments out of the equation. This is a global currency. Think globally. We don't need nation States controlling bitcoin. Kind of against the whole point of it.
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jimmothy
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January 12, 2014, 05:47:35 AM |
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I was musing today about where mining will end up, and how governments will be involved. Any thoughts on the feasibility of this sort of government miner distribution (below) and whether there is a future market here?
This is a solution I feel the community is looking for - a small RaspberryPi-esque device which allows me to host a full node apart from my main PC. Ideally such a device would have some small amount of mining power, to distribute voting on the protocol rules throughout the network but I am not sure what type of adoption would be needed to take any percentage of the network hash rate away from institutional miners. But lets think about it.
In the end game mining chips are going to hit a ceiling and technology will advance slower than today.
Governments with a vested interest in Bitcoin may find it beneficial to distribute these slow-hashing nodes to the population and provide a tax credit to pay for part of the electricity. This could use previous generation tech and still make an impact:
Current hash rate: 15,000,000 Gh/s Population of france: 65,700,000
To get half the network hash rate each person would need to poses ~250Mh.
About 1 AM USB Block Erupter seems like a lot but as asics catch up to current chip-fab technology improvements will slow: the previous gen tech will have an impact much longer and be cheaper. What other benefits might this have? Well France would secure 50% of mining fees for its population. The network (and France) would be more protected from the attack of another nation state. Decisions about the protocol would be distributed away from mining pools and miners, further increasing network trust.
So many things improbable in this scenario its really not worth addressing them all. If a gov had a vested interest in btc you could bet your ass they wouldn't waste money giving out rasp pies with usb block erupters. The whole point of btc is to avoid some sort of complex gov controlled scenario just as you described.
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User705
Legendary
Offline
Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
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January 12, 2014, 06:59:10 AM |
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I was musing today about where mining will end up, and how governments will be involved. Any thoughts on the feasibility of this sort of government miner distribution (below) and whether there is a future market here?
This is a solution I feel the community is looking for - a small RaspberryPi-esque device which allows me to host a full node apart from my main PC. Ideally such a device would have some small amount of mining power, to distribute voting on the protocol rules throughout the network but I am not sure what type of adoption would be needed to take any percentage of the network hash rate away from institutional miners. But lets think about it.
In the end game mining chips are going to hit a ceiling and technology will advance slower than today.
Governments with a vested interest in Bitcoin may find it beneficial to distribute these slow-hashing nodes to the population and provide a tax credit to pay for part of the electricity. This could use previous generation tech and still make an impact:
Current hash rate: 15,000,000 Gh/s Population of france: 65,700,000
To get half the network hash rate each person would need to poses ~250Mh.
About 1 AM USB Block Erupter seems like a lot but as asics catch up to current chip-fab technology improvements will slow: the previous gen tech will have an impact much longer and be cheaper. What other benefits might this have? Well France would secure 50% of mining fees for its population. The network (and France) would be more protected from the attack of another nation state. Decisions about the protocol would be distributed away from mining pools and miners, further increasing network trust.
For Rpi simple nodes check out Nxt.
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Zubilica
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January 15, 2014, 06:57:47 PM |
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Next FC update will skyrocket price share.
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jimmothy
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January 15, 2014, 10:12:58 PM |
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Next FC update will skyrocket price share.
Next time FC sneezes shareprice will skyrocket.
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Sledge
Newbie
Offline
Activity: 56
Merit: 0
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January 17, 2014, 03:24:44 PM |
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So this is the speculation thread.
Here's some speculation: This is the calm before the storm. That container with the liquid cooling is real. Gen3 is real. Heads are down, working hard, at AsicMiner. Share prices have reached the inflection point, though it isn't immediately obvious because of the low trading volume. Dividends have reached their low. The time is nearing when AsicMiner will be back on the map. March is not that far.
I bought a few more shares at 0.5X. No other investment except Neo & Bee is worth the risk. Face it, nearly everything has been a loss (even AM for me, I got in on the downswing and never got big dividends) except these two.
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michaelGedi
Sr. Member
Offline
Activity: 364
Merit: 250
"to be or not to be, that is the bitcoin"
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January 17, 2014, 03:31:57 PM |
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So this is the speculation thread.
Here's some speculation: This is the calm before the storm. That container with the liquid cooling is real. Gen3 is real. Heads are down, working hard, at AsicMiner. Share prices have reached the inflection point, though it isn't immediately obvious because of the low trading volume. Dividends have reached their low. The time is nearing when AsicMiner will be back on the map. March is not that far.
I bought a few more shares at 0.5X. No other investment except Neo & Bee is worth the risk. Face it, nearly everything has been a loss (even AM for me, I got in on the downswing and never got big dividends) except these two.
neo and bee? can you link me? just bought in for some petamine shares on a short term speculation over the next month... may well sell and diversify. Apart from that, I agree on your sentiment around AM price at this time, plus quoting to bookmark this thread
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troner
Newbie
Offline
Activity: 36
Merit: 0
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January 17, 2014, 04:25:46 PM |
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From my point of view ASICMINER is the only reasonable investment opportunity in the world of BTC mining. It will most probably flood the market with petahashes of reliable, efficient and well-tested chips and tuned immersion cooling accessories. I suppose it is the only vendor which will be able to deliver large-scale mining solutions and start a whole new segment - industrial mining.
I don't know how about KNC, but HashFast and CoinTerra doesn't seem to be able to produce and ship hundreds of thousands of chips/miners. They probably won't be able to gain larger portion of the market in the nearest months.
I expect AM security to experience huge income of new investors in the upcoming weeks/months. Price will probably rise substantially.
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