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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3914426 times)
JoTheKhan
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June 01, 2014, 02:10:08 PM
 #20141

Also I want to say friedcat could have run with everything after GLBSE went down. He came back and paid out tens of thousands of BTC he could have kept. I highly doubt he is going to start scamming now.
There is no friedcat.
"friedcat" is just an account with no RL name attached, Bitfountain could have easily changed account's owner down the line.

As long as he was giving regular updates yes, he was rightly labeled as reliable and trustable.
Then everything changed.
Like past dividends do not imply future dividends, past reputation do not imply you are still honest.
Especially if we don't even know who "he" is.


well i can not prove it but i do not think he sold his account or our company. I admit i might be wrong but i would be shocked.

Wouldn't the board have said something if the person they were meeting with had changed/the company was sold? I feel like this isn't something one just glosses over or tables till the next meeting.
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June 01, 2014, 02:11:28 PM
 #20142

Quote
"friedcat" is just an account with no RL name attached, Bitfountain could have easily changed account's owner down the line.

That's simply bullshit. Just because you don't know FCs real name doesn't mean nobody does.

I'm not agreeing with Lohoris's sentiments but his point is perfectly valid, FC's account could have changed hands 100 times without anyone here knowing and FC's always been fairly private about personal details.

Pre-IPO it was my opinion the guy and his team new their shit, knew dedicated hardware was important to Bitcoin's survival and where working in everyones best interests. FC's manner in this thread has changed an awful lot since then, maybe that's simply due to workload, pages of crappy posts or any number of things but its also quite possible FC and even the whole team is long gone. Again, I'm not saying anything positive or negative, just that folks should exercise caution and avoid making assumptions or trusting relatively unknown sources.

still, AM gen3 chips are real, FC answered technical questions on other thread lately, and even if he doenst post often anymore, his writing style hasnt changed very much. so lets not get paranoid. at least not yet.


In addition to this, the reality of the entire board of directors not being aware of this and then also not acting out on it is extremely unlikely. A complete change in ownership may be possible to pull off from the perspective of a BitcoinTalk forum account, however to convince / trick / bribe the board of directors that this change happened and not verbalize this information sounds more like fantasy.

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June 01, 2014, 02:12:05 PM
 #20143

...
Wouldn't the board have said something if the person they were meeting with had changed/the company was sold? ...

If it was in the board's best interest, yes.
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June 01, 2014, 02:20:21 PM
 #20144

...
Wouldn't the board have said something if the person they were meeting with had changed/the company was sold? ...

If it was in the board's best interest, yes.

the boardmembers best interest is to have their 5k+ AM shares priced high. and higher. oh and fucking have divs.
JoTheKhan
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June 01, 2014, 02:30:05 PM
 #20145

...
Wouldn't the board have said something if the person they were meeting with had changed/the company was sold? ...

If it was in the board's best interest, yes.

Well we haven't seen board members unload shares, if they are privy to information this catastrophic, then wouldn't they have tried to unload shares before the everyman would have found out? Maybe I missed it.
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June 01, 2014, 02:42:50 PM
 #20146

If by "everyone" you mean investing enthusiasts and finance aficionados, and by "troll" you mean "guy who has been right on the money, each and every time," than we're on the same page Smiley

Guy starts posting for the first time in AM thread in the last 24 hours = "obvious expert"  Roll Eyes

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June 01, 2014, 03:00:36 PM
 #20147

Holy shit. I just checked Havelock in a long time and I saw the price of AM. Can anyone give me a breakdown of what the hell happened ?!

"bad" financials + no divs + no FC luv
El Cabron
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June 01, 2014, 03:05:07 PM
 #20148

...
Wouldn't the board have said something if the person they were meeting with had changed/the company was sold? ...

If it was in the board's best interest, yes.

Well we haven't seen board members unload shares, if they are privy to information this catastrophic, then wouldn't they have tried to unload shares before the everyman would have found out? Maybe I missed it.


well, wait nvm...

Sorry El Cabron, you are banned from posting or sending personal messages on this forum.
Trolling
https://bitcointalk.org/index.php?topic=622250.msg7030081#msg7030081
bitmoon
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June 01, 2014, 03:07:59 PM
 #20149

financials are good, just no div, reinvested perhaps, correct?
bitcoin.newsfeed
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June 01, 2014, 03:09:51 PM
 #20150

financials are good, just no div, reinvested perhaps, correct?

correct, expanding production

... Question Everything, Believe Nothing ...
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June 01, 2014, 03:10:48 PM
 #20151

well, wait nvm...

There was once a man selling direct shares... Cheesy

Death is nothing to us, since when we are, death has not come, and when death has come, we are not. #yolo

-Epicuru$
JoTheKhan
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June 01, 2014, 03:21:49 PM
 #20152

...
Wouldn't the board have said something if the person they were meeting with had changed/the company was sold? ...

If it was in the board's best interest, yes.

Well we haven't seen board members unload shares, if they are privy to information this catastrophic, then wouldn't they have tried to unload shares before the everyman would have found out? Maybe I missed it.


well, wait nvm...

600 isn't 5K though, I know you had someone who was trying to offload some, but those weren't close enough to be a Boardmember. If the company was going to shit and the Boardmembers knew of it, then you would expect to see 2-3 Boardmembers trying to unload atleast a couple thousand, if not all of theirs.
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June 01, 2014, 03:33:09 PM
 #20153

2 things that concern/confuse me:

- The "Exchanges" expense, with no further explanation.
- Announce "aggressive dividends" and then suddenly have negative dividends.

How can you as CEO of a publicly listed company, make such run-up statements and then just post 2 links to your very vague finances that show a loss, and think it's sufficient? To me that's a CEO that no longer gives a fuck.

NotLambchop
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June 01, 2014, 03:38:43 PM
 #20154

...
Wouldn't the board have said something if the person they were meeting with had changed/the company was sold? ...

If it was in the board's best interest, yes.

the boardmembers best interest is to have their 5k+ AM shares priced high. and higher. oh and fucking have divs.

Or crash the stock.  Or one of the infinite number of scenarios where share price != board's best interest.
bitmoon
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June 01, 2014, 03:40:16 PM
 #20155

2 things that concern/confuse me:

- The "Exchanges" expense, with no further explanation.
- Announce "aggressive dividends" and then suddenly have negative dividends.

How can you as CEO of a publicly listed company, make such run-up statements and then just post 2 links to your very vague finances that show a loss, and think it's sufficient? To me that's a CEO that no longer gives a fuck.


maybe the aggressive div after the reinvestment
NotLambchop
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June 01, 2014, 03:42:20 PM
 #20156

If by "everyone" you mean investing enthusiasts and finance aficionados, and by "troll" you mean "guy who has been right on the money, each and every time," than we're on the same page Smiley

Guy starts posting for the first time in AM thread in the last 24 hours = "obvious expert"  Roll Eyes

Feel free to point out any of my posts where I have been wrong.
El Cabron
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June 01, 2014, 03:43:34 PM
 #20157

To be fair, FC has never ever been good at communication. It is just no one cared when massive divs were flowing.

Sorry El Cabron, you are banned from posting or sending personal messages on this forum.
Trolling
https://bitcointalk.org/index.php?topic=622250.msg7030081#msg7030081
NotLambchop
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June 01, 2014, 03:44:47 PM
 #20158

...
Wouldn't the board have said something if the person they were meeting with had changed/the company was sold? ...

If it was in the board's best interest, yes.

Well we haven't seen board members unload shares, if they are privy to information this catastrophic, then wouldn't they have tried to unload shares before the everyman would have found out? Maybe I missed it.

JoTheKhan, not sure if I remember you from Active Mining or Ukyo threads, could you remind me?  I remember similarly heavy logic being dropped in both.
NotLambchop
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June 01, 2014, 03:48:52 PM
 #20159

...
600 isn't 5K though, I know you had someone who was trying to offload some, but those weren't close enough to be a Boardmember. If the company was going to shit and the Boardmembers knew of it, then you would expect to see 2-3 Boardmembers trying to unload atleast a couple thousand, if not all of theirs.

How any times must it be said that you not understanding how a scam works is exactly why a scam works.  If you understood, you would never fall for it. 
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June 01, 2014, 03:53:04 PM
 #20160

Feel free to point out any of my posts where I have been wrong.

Uses straw man's argument = therefore, can "never be wrong"  Roll Eyes

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