Bitcoin Forum
February 21, 2019, 05:16:18 PM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: « 1 ... 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 [532] 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 ... 1351 »
  Print  
Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3883391 times)
Voodah
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250



View Profile
July 31, 2013, 02:35:07 PM
 #10621

have I missed something crucial or why is the AM price imploding on dividend day?

Another explanation USD/BTC rate. AM share price in USD remains relatively stable.


This is it guys.

When BTC dropped to 68, AM acted as hedge and went all the way up to +5.

We are now recovering on the BTC/USD side and AM is correcting back down.
1550769378
Hero Member
*
Offline Offline

Posts: 1550769378

View Profile Personal Message (Offline)

Ignore
1550769378
Reply with quote  #2

1550769378
Report to moderator
aahzmundus
Hero Member
*****
Offline Offline

Activity: 644
Merit: 500


Invest & Earn: https://cloudthink.io


View Profile
July 31, 2013, 02:40:49 PM
 #10622

have I missed something crucial or why is the AM price imploding on dividend day?

Another explanation USD/BTC rate. AM share price in USD remains relatively stable.


This is it guys.

When BTC dropped to 68, AM acted as hedge and went all the way up to +5.

We are now recovering on the BTC/USD side and AM is correcting back down.

Ehh, I still question the correlation to USD/BTC.  You are buying a share in btc, to earn a profit in btc... div is paid in btc.  Only fiat comes in with fixed costs like power, making the chips, that stuff, which is a fraction of what we take in.  Unless someone can chart it for me and show me a good correlation, I do NOT think fiat prices have a huge effect on AM prices.  I do not even consider fiat in any way when thinking if AM is a good buy or if I should be selling.  I might if operating costs were ever a larger portion of our take.

lano1106
Member
**
Offline Offline

Activity: 108
Merit: 10


View Profile WWW
July 31, 2013, 02:48:55 PM
 #10623

have I missed something crucial or why is the AM price imploding on dividend day?

Another explanation USD/BTC rate. AM share price in USD remains relatively stable.


This is it guys.

When BTC dropped to 68, AM acted as hedge and went all the way up to +5.

We are now recovering on the BTC/USD side and AM is correcting back down.

Ehh, I still question the correlation to USD/BTC.  You are buying a share in btc, to earn a profit in btc... div is paid in btc.  Only fiat comes in with fixed costs like power, making the chips, that stuff, which is a fraction of what we take in.  Unless someone can chart it for me and show me a good correlation, I do NOT think fiat prices have a huge effect on AM prices.  I do not even consider fiat in any way when thinking if AM is a good buy or if I should be selling.  I might if operating costs were ever a larger portion of our take.

BTC has a relative value. It is not decoupled from the rest of the other currencies. This is true for the other exchanges. USD is strong S&P500 tank. The FED announce moar QE equities soar. BTC nominated equities are no different.

What amaze me is how identical BTC economy work compared to existing systems (minus maybe Wall Street big players).

BTC: 1ABewnrZgCds7w9RH43NwMHX5Px6ex5uNR
Voodah
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250



View Profile
July 31, 2013, 02:49:34 PM
 #10624

have I missed something crucial or why is the AM price imploding on dividend day?

Another explanation USD/BTC rate. AM share price in USD remains relatively stable.


This is it guys.

When BTC dropped to 68, AM acted as hedge and went all the way up to +5.

We are now recovering on the BTC/USD side and AM is correcting back down.

Ehh, I still question the correlation to USD/BTC.  You are buying a share in btc, to earn a profit in btc... div is paid in btc.  Only fiat comes in with fixed costs like power, making the chips, that stuff, which is a fraction of what we take in.  Unless someone can chart it for me and show me a good correlation, I do NOT think fiat prices have a huge effect on AM prices.  I do not even consider fiat in any way when thinking if AM is a good buy or if I should be selling.  I might if operating costs were ever a larger portion of our take.

Doesn't really matter if you yourself view it that way or not. I also do not assess the outcome of my investments this way, if I put btc I look at btc.

But the market certainly thinks differently. The correlation is there, easy to see. And thinking about it, honestly, I think it is not the result of people thinking as you say in fiat, but rather a natural response to the fact that there was/is no natural hedging mechanism for a btc investment.

AM, the best performing stock, has somehow become that mechanism (or at least it did so during the last wave down) for a fraction of the market who were in clear demand of such a thing.
chriswilmer
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000


View Profile WWW
July 31, 2013, 02:49:47 PM
 #10625

AM found one!! Grin What's that, like several hours.

Oh, the good ol days.....

You're talking about blocks?
They've found more today, but just not with the ASICMINER tag. Wink

https://blockchain.info/blocks/82.1.136.194

This IP found a block for example, and added it to the address of ASICMINER.

https://blockchain.info/block-index/402738/0000000000000047c930af80cfbc3979d1f97778049d62599113880a76622297



Ah... is THAT what's going on? Interesting! Div predictions anyone? I'll start: 0.02
SimonL
Member
**
Offline Offline

Activity: 113
Merit: 10


View Profile
July 31, 2013, 02:52:19 PM
 #10626

have I missed something crucial or why is the AM price imploding on dividend day?

Another explanation USD/BTC rate. AM share price in USD remains relatively stable.


This is it guys.

When BTC dropped to 68, AM acted as hedge and went all the way up to +5.

We are now recovering on the BTC/USD side and AM is correcting back down.

It's tempting to think that, but the dividend profits remain the same, additionally the expenses for Asicminer reduces since they don't need to convert as many to cover costs, thus there would likely be a marginal increase in dividends, thus justifying the price of the shares remaining the same (or perhaps even higher since AM is suddenly spitting out higher divs). Asicminer's competitiveness to reap massive profits haven't changed, and even though there are competitors on the horizon, they are still left to prove themselves. BTC holders really shouldn't be losing value on the shares in BTC, only those that aren't in the Bitcoin economy should be at a disadvantage.

lano1106
Member
**
Offline Offline

Activity: 108
Merit: 10


View Profile WWW
July 31, 2013, 02:59:50 PM
 #10627


It's tempting to think that, but the dividend profits remain the same, additionally the expenses for Asicminer reduces since they don't need to convert as many to cover costs, thus there would likely be a marginal increase in dividends, thus justifying the price of the shares remaining the same (or perhaps even higher since AM is suddenly spitting out higher divs). Asicminer's competitiveness to reap massive profits haven't changed, and even though there are competitors on the horizon, they are still left to prove themselves. BTC holders really shouldn't be losing value on the shares in BTC, only those that aren't in the Bitcoin economy should be at a disadvantage.



it is maybe tricky to grasp but in other words, the value of AM share does not change. only its price tag nominated into something that fluctuate.

BTC: 1ABewnrZgCds7w9RH43NwMHX5Px6ex5uNR
Voodah
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250



View Profile
July 31, 2013, 03:06:46 PM
 #10628

have I missed something crucial or why is the AM price imploding on dividend day?

Another explanation USD/BTC rate. AM share price in USD remains relatively stable.


This is it guys.

When BTC dropped to 68, AM acted as hedge and went all the way up to +5.

We are now recovering on the BTC/USD side and AM is correcting back down.

It's tempting to think that, but the dividend profits remain the same, additionally the expenses for Asicminer reduces since they don't need to convert as many to cover costs, thus there would likely be a marginal increase in dividends, thus justifying the price of the shares remaining the same (or perhaps even higher since AM is suddenly spitting out higher divs). Asicminer's competitiveness to reap massive profits haven't changed, and even though there are competitors on the horizon, they are still left to prove themselves. BTC holders really shouldn't be losing value on the shares in BTC, only those that aren't in the Bitcoin economy should be at a disadvantage.



Divs are a whole other thing, composed of several streams, some of them highly variable, like sales.

BTC holders (or anyone) haven't really lost any value. Before the move up that hedged the btc wave down to 68, AM was at 3.5. This move artificially pumped the AM price up all the way 5~ and it is now 4.2.

After all is said and done, AM gained ~15% by acting as hedge. The gains are probably accounted for by new people who realized during the down wave that AM was the best hedging asset
SimonL
Member
**
Offline Offline

Activity: 113
Merit: 10


View Profile
July 31, 2013, 03:26:38 PM
 #10629


Divs are a whole other thing, composed of several streams, some of them highly variable, like sales.

BTC holders (or anyone) haven't really lost any value. Before the move up that hedged the btc wave down to 68, AM was at 3.5. This move artificially pumped the AM price up all the way 5~ and it is now 4.2.

After all is said and done, AM gained ~15% by acting as hedge. The gains are probably accounted for by new people who realized during the down wave that AM was the best hedging asset

But just like Bitcoin, the more people that become involved in trading Asicminer shares, the scarcer they become, thus bumping up the price through demand. People that want to enter the mining game but want to hedge some of their risk or are simply lazy can buy shares in AM. Considering how furious mining is becoming I bet a lot of people are giving up the backyard game and simply throwing their weight behind mining startups. I don't think Asicminer is going to be going anywhere in the years ahead, and I'm reasonably certain that once people see the staying power of AM (I doubt Friedcat is going to be giving up his slice of the hashrate pie to any startups), they'll probably drive up prices further, for better or worse. Of course it remains to be seen if other BTC holders mirror my feelings but I think it's certainly possible.
foxykah
Full Member
***
Offline Offline

Activity: 126
Merit: 100



View Profile
July 31, 2013, 04:07:40 PM
 #10630

ASICMINER network % is now 7%  Shocked

http://blockchain.info/pools?timespan=48hrs

Good things come to those who wait.
chriswilmer
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000


View Profile WWW
July 31, 2013, 04:14:57 PM
 #10631

ASICMINER network % is now 7%  Shocked

http://blockchain.info/pools?timespan=48hrs

Apparently not, read Smiguel's comment above.
foxykah
Full Member
***
Offline Offline

Activity: 126
Merit: 100



View Profile
July 31, 2013, 04:16:27 PM
 #10632

ASICMINER network % is now 7%  Shocked

http://blockchain.info/pools?timespan=48hrs

Apparently not, read Smiguel's comment above.

and what is that? AM is transforming into a pool or what? Cheesy

Good things come to those who wait.
chriswilmer
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000


View Profile WWW
July 31, 2013, 04:17:25 PM
 #10633

ASICMINER network % is now 7%  Shocked

http://blockchain.info/pools?timespan=48hrs

Apparently not, read Smiguel's comment above.

and what is that? AM is transforming into a pool or what? Cheesy

Maybe it's just a new node they are trying out. I don't know... but I want to know!
finlof
Hero Member
*****
Offline Offline

Activity: 630
Merit: 500


View Profile
July 31, 2013, 04:42:46 PM
 #10634

.01 dividend so far from mining.  hardware sales?
SmiGueL
Sr. Member
****
Offline Offline

Activity: 319
Merit: 250



View Profile
July 31, 2013, 05:01:42 PM
Last edit: July 31, 2013, 05:12:12 PM by SmiGueL
 #10635

.01 dividend so far from mining.  hardware sales?

0.010 from mining.
And 0.0043 + random number from new addresses which i guess is between 0.000 and 0.005 from sales.

Asicminer Hashrate Charts @ www.asicminercharts.com

Donations BTC: 1SmiGSGWXzD5aZhmw3jyfpBFCgiki45MT
lophie
Hero Member
*****
Offline Offline

Activity: 924
Merit: 1000

Unlimited Free Crypto


View Profile
July 31, 2013, 05:04:23 PM
 #10636

0.019624827 per share. Kinda low I was hoping for it to pay for my jet this week. Sad

Will take me a while to climb up again, But where is a will, there is a way...
americandesi
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


BTC < > INR & USD


View Profile
July 31, 2013, 05:04:46 PM
 #10637

Div this week = 0.01858868

Always buying and selling btc in bulk.!
Have I helped you out?  Send a donation! : 1ADesitf6McNmFw5wAN1y86bvyHLB5gR6P
My Reputation Thread : https://bitcointalk.org/index.php?topic=252042.0
americandesi
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


BTC < > INR & USD


View Profile
July 31, 2013, 05:05:48 PM
 #10638

0.019624827 per share. Kinda low I was hoping for it to pay for my jet this week. Sad

Are you u sure. I received much lower.
https://blockchain.info/address/115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF

Always buying and selling btc in bulk.!
Have I helped you out?  Send a donation! : 1ADesitf6McNmFw5wAN1y86bvyHLB5gR6P
My Reputation Thread : https://bitcointalk.org/index.php?topic=252042.0
SmiGueL
Sr. Member
****
Offline Offline

Activity: 319
Merit: 250



View Profile
July 31, 2013, 05:08:21 PM
 #10639

0.01858868 confirmed Smiley

Asicminer Hashrate Charts @ www.asicminercharts.com

Donations BTC: 1SmiGSGWXzD5aZhmw3jyfpBFCgiki45MT
SimonL
Member
**
Offline Offline

Activity: 113
Merit: 10


View Profile
July 31, 2013, 05:09:18 PM
 #10640

0.01858868 confirmed here too.
Pages: « 1 ... 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 [532] 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 ... 1351 »
  Print  
 
Jump to:  

Bitcointalk.org is not available or authorized for sale. Do not believe any fake listings.
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!