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Nancarrow
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September 18, 2013, 06:29:17 PM |
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A promise to communicate two days ago.
link, please Okay, not really a promise. I just remember seeing some post here that dissected some recent communication from our favourite cooked feline, strongly implying that there would be some kind of hopefully uplifting communication on Monday. I'd look for it, but... 668 TITTYFUCKING pages. |
If I've said anything amusing and/or informative and you're feeling generous:
1GNJq39NYtf7cn2QFZZuP5vmC1mTs63rEW
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tinus42
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September 18, 2013, 06:35:06 PM |
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A promise to communicate two days ago.
link, please Okay, not really a promise. I just remember seeing some post here that dissected some recent communication from our favourite cooked feline, strongly implying that there would be some kind of hopefully uplifting communication on Monday. I'd look for it, but... 668 TITTYFUCKING pages. I guess Friedcat is going to follow Mr. Phone-on-the-hook Yifu.  |
Don't care for Star Wars anymore but am stuck with the avatar
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velacreations
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September 18, 2013, 06:37:12 PM |
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Okay, not really a promise. I just remember seeing some post here that dissected some recent communication from our favourite cooked feline, strongly implying that there would be some kind of hopefully uplifting communication on Monday. I'd look for it, but... 668 TITTYFUCKING pages.
I remember what you are talking about. that communication was posted by someone else, not by FC himself, and it was never confirmed as coming from FC. |
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Hardman
Newbie
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Activity: 12
Merit: 0
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September 18, 2013, 06:56:19 PM |
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Time to buy more shares and take this long  |
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robix
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September 18, 2013, 07:01:06 PM |
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What do you guys think is the reason that FC doesn't update anymore? I'm sure there is a reason.
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binaryFate
Legendary
Offline
Activity: 1512
Merit: 1012
Still wild and free
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September 18, 2013, 07:03:09 PM |
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What do you guys think is the reason that FC doesn't update anymore? I'm sure there is a reason.
I'd say the primary reason is because there is not much to say at the moment. |
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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robix
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September 18, 2013, 07:08:29 PM |
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What do you guys think is the reason that FC doesn't update anymore? I'm sure there is a reason.
I'd say the primary reason is because there is not much to say at the moment. I don't think so. What about hashrate? Does anyone know why it is so low, what is the plan? There is really much to explain. Small divs, no hashrate, no updates. He knows that the shareprice goes down as a result. |
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binaryFate
Legendary
Offline
Activity: 1512
Merit: 1012
Still wild and free
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September 18, 2013, 07:10:08 PM |
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What do you guys think is the reason that FC doesn't update anymore? I'm sure there is a reason.
I'd say the primary reason is because there is not much to say at the moment. I don't think so. What about hashrate? Does anyone know why it is so low, what is the plan? There is really much to explain. Small divs, no hashrate, no updates. He knows that the shareprice goes down as a result. Why do you assume FC cares about the current share price? |
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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Puppet
Legendary
Offline
Activity: 980
Merit: 1040
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September 18, 2013, 07:10:54 PM |
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What do you guys think is the reason that FC doesn't update anymore? I'm sure there is a reason.
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Dexter770221
Legendary
Offline
Activity: 1029
Merit: 1000
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September 18, 2013, 07:11:17 PM |
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User 67117 showed up on rankings of BTCguild. If I remember corectly this is AM user account. Back to pool mining?
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Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
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weaknesswaran
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September 18, 2013, 07:12:11 PM |
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User 67117 showed up on rankings of BTCguild. If I remember corectly this is AM user account. Back to pool mining?
Yes it is. |
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robix
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September 18, 2013, 07:12:58 PM |
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What do you guys think is the reason that FC doesn't update anymore? I'm sure there is a reason.
I'd say the primary reason is because there is not much to say at the moment. I don't think so. What about hashrate? Does anyone know why it is so low, what is the plan? There is really much to explain. Small divs, no hashrate, no updates. He knows that the shareprice goes down as a result. Why do you assume FC cares about the current share price? I don't assume he cares about current share price. But he should care about his shareholders. |
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Dexter770221
Legendary
Offline
Activity: 1029
Merit: 1000
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September 18, 2013, 07:15:48 PM |
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What do you guys think is the reason that FC doesn't update anymore? I'm sure there is a reason.
I'd say the primary reason is because there is not much to say at the moment. I don't think so. What about hashrate? Does anyone know why it is so low, what is the plan? There is really much to explain. Small divs, no hashrate, no updates. He knows that the shareprice goes down as a result. Why do you assume FC cares about the current share price? I don't assume he cares about current share price. But he should care about his shareholders. And he cares. Dividends are paid. Aren't they? They are low becuse network hashrate is increasing and sales of hardware are way less profitable than ever (smaller amount with smaller price tag) |
Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
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robix
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September 18, 2013, 07:17:27 PM |
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What do you guys think is the reason that FC doesn't update anymore? I'm sure there is a reason.
I'd say the primary reason is because there is not much to say at the moment. I don't think so. What about hashrate? Does anyone know why it is so low, what is the plan? There is really much to explain. Small divs, no hashrate, no updates. He knows that the shareprice goes down as a result. Why do you assume FC cares about the current share price? I don't assume he cares about current share price. But he should care about his shareholders. And he cares. Dividends are paid. Aren't they? They are low becuse network hashrate is increasing and sales of hardware are way less profitable than ever (smaller amount with smaller price tag) Paying divs is his obligation, not taking care of shareholders. |
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Dexter770221
Legendary
Offline
Activity: 1029
Merit: 1000
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September 18, 2013, 07:19:47 PM |
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User 67117 showed up on rankings of BTCguild. If I remember corectly this is AM user account. Back to pool mining?
Yes it is. Aaaannnnndddd... He's gone from rankings... |
Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
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VolanicEruptor
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September 18, 2013, 07:25:11 PM |
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What do you guys think is the reason that FC doesn't update anymore? I'm sure there is a reason.
No that's just some depressed kid who invested in Icedrill |
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mc_lovin
Legendary
Offline
Activity: 1190
Merit: 1000
www.bitcointrading.com
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September 18, 2013, 07:28:21 PM |
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User 67117 showed up on rankings of BTCguild. If I remember corectly this is AM user account. Back to pool mining?
Yes it is. What hashrate did it get up to? |
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glendall
Legendary
Offline
Activity: 2170
Merit: 1019
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September 18, 2013, 08:27:18 PM
Last edit: September 18, 2013, 10:27:25 PM by glendall |
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Wow I can't believe the price is this low.
I'm gonna have to buy. I have no option. I'm very compelled.
The 24hr low of 1.6-odd sort of scares me (as I'm holding a decent amount of shares) but hey, so it is.
Side note: Ever since I ignored Vycid this thread has really improved.
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conv3rsion
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September 18, 2013, 08:38:56 PM |
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I've said it before, there is a huge incentive for friedcat to withhold as much (and communicate as little) as he can justify from his paying dividends in order to
1) Bolster the company in the longer term through reinvestment
2) Not give strategic guidance to his competitors
3) Increase his holdings in the company and the lowest possible purchase price prior to more public actions
That said, the average hashrate was never sustained over 60TH/S. So, unless friedcat made more money selling products than he would have mining from them, there is not a victory. However, considering the markup and the fact that nothing ever sold will ROI in bitcoin, and the obvious opportunity to completely dominate asic sales for months, its possible that sourcing has been nearly as much of an issue for friedcat as it has been for everyone else in this space. Who knows. I do know that blades are already more price competitive than anything else shipping and that they likely still have an incredible markup (which we will soon learn about if they continue to drop in price).
Either he's totally beaten, giving up, or doing what a smart and rational actor would. Place your bets either way.
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Vycid
Sr. Member
Offline
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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September 18, 2013, 08:54:14 PM |
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I've said it before, there is a huge incentive for friedcat to withhold as much (and communicate as little) as he can justify from his paying dividends in order to
1) Bolster the company in the longer term through reinvestment
2) Not give strategic guidance to his competitors
3) Increase his holdings in the company and the lowest possible purchase price prior to more public actions
That said, the average hashrate was never sustained over 60TH/S. So, unless friedcat made more money selling products than he would have mining from them, there is not a victory. However, considering the markup and the fact that nothing ever sold will ROI in bitcoin, and the obvious opportunity to completely dominate asic sales for months, its possible that sourcing has been nearly as much of an issue for friedcat as it has been for everyone else in this space. Who knows. I do know that blades are already more price competitive than anything else shipping and that they likely still have an incredible markup (which we will soon learn about if they continue to drop in price).
Either he's totally beaten, giving up, or doing what a smart and rational actor would. Place your bets either way.
Every day he does not publish a planned price, spec and release date for his Gen 2 hardware, he is losing customers who choose to preorder with his competition. Are you suggesting his competition is not acting rationally, since they have all released their plans? Points 1 and 3 sound pretty similar, by the way. |
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