drawingthesun
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Merit: 1015
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September 08, 2013, 05:35:31 PM |
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In a good way I hope?  I have a feeling these companies are going to have some crazy prices once they hash, and btc price is going to go nuts in a few months. The aftermath will destroy a few of these companies though, not sure which its all a gamble at the moment. I think one thing will be certain, bitcoins price itself after the mayhem ahead will be rather high. To be honest I can't wait. :p |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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tom.hashemi
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September 08, 2013, 05:39:40 PM |
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In a good way I hope? I have a feeling these companies are going to have some crazy prices once they hash, and btc price is going to go nuts in a few months. The aftermath will destroy a few of these companies though, not sure which its all a gamble at the moment. I think one thing will be certain, bitcoins price itself after the mayhem ahead will be rather high. To be honest I can't wait. :p With you on the crazy prices. I've been lapping up ActM at these low prices, though I think I've reached my limit now. You never know exactly what will happen.... The Bitcoin price itself I have no idea about. There are too many factors at play. I think that if other countries follow Germany's lead, we are going to see significantly higher levels of investment in the Bitcoin economy which will, of course, lead to higher prices. It's going to be interesting whatever happens. |
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drawingthesun
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Activity: 1176
Merit: 1015
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September 08, 2013, 05:46:35 PM |
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With you on the crazy prices. I've been lapping up ActM at these low prices, though I think I've reached my limit now. You never know exactly what will happen....
Just beaware that ActiveMining may drop a lot in September. I can't buy anymore because I have invested as much as I am allowing myself for risky investments (I have some Labcoin too) I could sell and buy Active lower but in my opinion its not worth the risk. It might not get super low so I am just waiting it out. But one thing is certain, before our ASIC is hashing their will be FUD left, right and center in this thread so don't be too disheartened if for a while the investment is down. (I am down at the moment which is very crap) Also there's the chance labcoin and active are scams or vaporware, in which case its an expensive lesson for me.  |
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jinyoubei
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September 08, 2013, 05:46:59 PM |
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Stolen designs.... 
JimmyJazz, good ideas. +1
But if this really is a 1718% markup business ($1.50 per Gh), this party can not last for long.
How soon can we expect cheap chinese copies (stolen designs) to hit the market?
Next 6 month's are going to be interesting.
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tom.hashemi
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September 08, 2013, 05:55:46 PM |
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With you on the crazy prices. I've been lapping up ActM at these low prices, though I think I've reached my limit now. You never know exactly what will happen....
Just beaware that ActiveMining may drop a lot in September. I can't buy anymore because I have invested as much as I am allowing myself for risky investments (I have some Labcoin too) I could sell and buy Active lower but in my opinion its not worth the risk. It might not get super low so I am just waiting it out. But one thing is certain, before our ASIC is hashing their will be FUD left, right and center in this thread so don't be too disheartened if for a while the investment is down. (I am down at the moment which is very crap) Also there's the chance labcoin and active are scams or vaporware, in which case its an expensive lesson for me. I'm also down - I hit even at 0.003656208 as excel reliably informs me. I'm confident on ActM though. |
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JimmyJazz
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September 08, 2013, 06:02:45 PM |
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So what do people expect the share price to be if everything goes to plan? 0.04?
Also dividends, could we take in 50,000btc a month?
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crumbs
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September 08, 2013, 06:21:32 PM |
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So what do people expect the share price to be if everything goes to plan? 0.04?
...
That depends -- are we talking burnside's gameserver or BitFunder? |
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EskimoBob
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Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
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September 08, 2013, 06:29:59 PM |
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So what do people expect the share price to be if everything goes to plan? 0.04?
Also dividends, could we take in 50,000btc a month?
Look at the difficulty I bet we haven't seen anything yet. 116+ by Decembe will not surprise me at all. Coin from mining will be only a temporary boost. They really need to sell the shit out of those rigs and chips before they become "obsolete" in 8-12 months. If diff keeps soaring, the hardware price hast to start falling soon. Same happens to profits form mining. |
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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JimmyJazz
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September 08, 2013, 06:34:35 PM |
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I guess that all the companies are in the same boat. However ActM are one of the few who will have the best technology available to carry on until the difficulty becomes to much. This is why I think it is very important for the company to look towards even better technologies ASAP.
However, ActM are also in a stronger position as they can buy these miners at the cost of manufacture. Making them more profitable and easy to acquire for a longer period.
I hope ActiveMining put alot more work into the promotion of the products and building a strong brand image.
Also focusing on competitive pricing and simple product offering.
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EskimoBob
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Quality Printing Services by Federal Reserve Bank
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September 08, 2013, 06:40:24 PM |
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I guess that all the companies are in the same boat. However ActM are one of the few who will have the best technology available to carry on until the difficulty becomes to much. This is why I think it is very important for the company to look towards even better technologies ASAP.
However, ActM are also in a stronger position as they can buy these miners at the cost of manufacture. Making them more profitable and easy to acquire for a longer period.
I hope ActiveMining put alot more work into the promotion of the products and building a strong brand image.
Also focusing on competitive pricing and simple product offering.
+1 |
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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Ozymandias
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September 08, 2013, 06:43:06 PM |
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Just for the record, friedcat has said that his gen 1 chips cost ~$10,000 per TH/s or $10 per gh/s.
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SebastianJu
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September 08, 2013, 07:06:50 PM |
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JimmyJazz, good ideas. +1
But if this really is a 1718% markup business ($1.50 per Gh), this party can not last for long.
How soon can we expect cheap chinese copies (stolen designs) to hit the market?
Next 6 month's are going to be interesting.
In order to prevent stolen designs and if middlemens are needed the middlemen only should get the info they have to know, that does not include the design of the chip. The foundry itself should be the only receiving the chip design. The foundry cant give that away without risking its business. Just for the record, friedcat has said that his gen 1 chips cost ~$10,000 per TH/s or $10 per gh/s.
Thats the price for the running miner, in case someone thinks thats only for the ASIC's. |
Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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FNG
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September 08, 2013, 07:26:27 PM |
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Just for the record, friedcat has said that his gen 1 chips cost ~$10,000 per TH/s or $10 per gh/s.
But this is ActiveMining we're talking about. They can obviously get it much cheaper in the U.S than someone from china can get it in China..lets not worry about the cost of power either |
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creativex
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September 08, 2013, 07:31:18 PM |
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Obviously. Umm...why?
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crumbs
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September 08, 2013, 07:33:50 PM |
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Obviously. Umm...why?
Because bitcoins mined in China stay in China -- that's the law! Edit: And Chinese chips stay in China because fuq, that's why! NDA. |
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FNG
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September 08, 2013, 07:40:00 PM |
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Obviously. Umm...why?
Because bitcoins mined in China stay in China -- that's the law! Edit: And Chinese chips stay in China because fuq, that's why! NDA. Because it's cheaper in China, shipping is cheaper, and power is cheaper |
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crumbs
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September 08, 2013, 07:48:49 PM |
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Obviously. Umm...why?
Because bitcoins mined in China stay in China -- that's the law! Edit: And Chinese chips stay in China because fuq, that's why! NDA. Because it's cheaper in China, shipping is cheaper, and power is cheaper Does that mean that Ken won't have to compete with them? |
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FNG
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September 08, 2013, 07:52:22 PM |
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Obviously. Umm...why?
Because bitcoins mined in China stay in China -- that's the law! Edit: And Chinese chips stay in China because fuq, that's why! NDA. Because it's cheaper in China, shipping is cheaper, and power is cheaper Does that mean that Ken won't have to compete with them? Yes. I don't think anyone who isn't invested in AcM realistically thinks Ken will compete with anyone |
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EskimoBob
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Activity: 910
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Quality Printing Services by Federal Reserve Bank
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September 08, 2013, 07:55:45 PM |
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... Just for the record, friedcat has said that his gen 1 chips cost ~$10,000 per TH/s or $10 per gh/s.
Thats the price for the running miner, in case someone thinks thats only for the ASIC's. OK, this is makes more sense than 1.50 This changes the fictional Markup to 170 % and Cross margin to 63.00% and fictional number of units will go up to 2600. How many units did BFL manage do send out per week? Was it around 200? What about Asicminer? PS! Huh... I just can not resist, I have to say this: Made in China = shit |
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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crumbs
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September 08, 2013, 08:01:20 PM |
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Obviously. Umm...why?
Because bitcoins mined in China stay in China -- that's the law! Edit: And Chinese chips stay in China because fuq, that's why! NDA. Because it's cheaper in China, shipping is cheaper, and power is cheaper Does that mean that Ken won't have to compete with them? Yes. I don't think anyone who isn't invested in AcM realistically thinks Ken will compete with anyone Ken has a lease on a batcave and enough old 4u cases to fill a dumpster. Put those two together, add 28, stir & we have enthusiasm!1! @EskimoBob: Almost everything is made in in China. |
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