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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3914269 times)
Endlessa
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September 13, 2014, 12:53:45 AM
 #23021

Friedcat's silence and not giving a fuck for shareholders (and their investment i.e. the share price) is so pathetic that I don't have words for it.
No wonder we have to read bs comments of the trolls.

Hey, but shilling those tubes in the signatures is all that matters right?  The thread is starting to look like a bad geocities (yep, old person) user page.
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September 13, 2014, 12:56:03 AM
 #23022

Friedcat's silence and not giving a fuck for shareholders (and their investment i.e. the share price) is so pathetic that I don't have words for it.
No wonder we have to read bs comments of the trolls.

Hey, but shilling those tubes in the signatures is all that matters right?  The thread is starting to look like a bad geocities (yep, old person) user page.

Does nobody else use the 'hide signatures' feature?  I turned them off long ago, it cleaned up the reading experience immensely.  That and 'ignore'.
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September 13, 2014, 12:57:09 AM
 #23023

Friedcat's silence and not giving a fuck for shareholders (and their investment i.e. the share price) is so pathetic that I don't have words for it.
No wonder we have to read bs comments of the trolls.

Hey, but shilling those tubes in the signatures is all that matters right?  The thread is starting to look like a bad geocities (yep, old person) user page.

Shut up.

Declaration: I am holding 100+ AM shares.

Where is the dedicated PR person promised so many times? Yeah, yeah, some boardmembers recently said it had been addressed (how many times now??). I believe it is safe to say that it has now been promised for more than a year. Or have we even passed 2 years already?

Where is the hashrate meter?

AM holding back info not to give competitors any advantage? No, I do not have any more patience. I am watching the shareprice going down and down. And that is for a reason. Yeah, yeah some tiny funds are being shuffled. A moron sales person has been coming up in the forum. Complaints are left unanswered and are being answered by shareholders and helpful members rather than AM themselves to keep up AM's reputation.
Trolls of the competitors are showing up. AM seems to have no intention or power to silence them. Shareholders have to do the dirty work. Shareholders are trying to crowdfund for advertisements. Seriously? There is no website that even a teenager would be able to set up.
The firmware of the Tubes is lousy. No official replies to that apart from some fc posts at will.

No updates. Comments of the competitor's shills are not being taken care of. Shareholders have to fight it. AM is a multimillion $ business? My hairy ass... As much as that is hurting my holdings.

How much more of "I JUST DON'T GIVE A FUCK" is possible from AM?
Such first mover advantage and bright potential screwed by negligence and incapability. Amateurs galore.
Whtwabbit
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September 13, 2014, 01:22:40 AM
 #23024

Friedcat's silence and not giving a fuck for shareholders (and their investment i.e. the share price) is so pathetic that I don't have words for it.
No wonder we have to read bs comments of the trolls.

Hey, but shilling those tubes in the signatures is all that matters right?  The thread is starting to look like a bad geocities (yep, old person) user page.

Shut up.

Declaration: I am holding 100+ AM shares.

Where is the dedicated PR person promised so many times? Yeah, yeah, some boardmembers recently said it had been addressed (how many times now??). I believe it is safe to say that it has now been promised for more than a year. Or have we even passed 2 years already?

Where is the hashrate meter?

AM holding back info not to give competitors any advantage? No, I do not have any more patience. I am watching the shareprice going down and down. And that is for a reason. Yeah, yeah some tiny funds are being shuffled. A moron sales person has been coming up in the forum. Complaints are left unanswered and are being answered by shareholders and helpful members rather than AM themselves to keep up AM's reputation.
Trolls of the competitors are showing up. AM seems to have no intention or power to silence them. Shareholders have to do the dirty work. Shareholders are trying to crowdfund for advertisements. Seriously? There is no website that even a teenager would be able to set up.
The firmware of the Tubes is lousy. No official replies to that apart from some fc posts at will.

No updates. Comments of the competitor's shills are not being taken care of. Shareholders have to fight it. AM is a multimillion $ business? My hairy ass... As much as that is hurting my holdings.

How much more of "I JUST DON'T GIVE A FUCK" is possible from AM?
Such first mover advantage and bright potential screwed by negligence and incapability. Amateurs galore.


https://bitcointalk.org/index.php?topic=203058.msg2122147#msg2122147


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whether we have a dictatorship or a real democracy." 
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bitsalame
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September 13, 2014, 01:37:13 AM
 #23025

If you are so disappointed, why are you still holding 100+ shares, vortex1878?
Sell them all to me, and unburden yourself.
ninjarobot
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September 13, 2014, 03:06:54 AM
 #23026

Does nobody else use the 'hide signatures' feature?  I turned them off long ago, it cleaned up the reading experience immensely.

Thank you! TIL.

Code:
Profile > Look and Layout Preferences > Don't show users' signatures

It's like adblock for bitcointalk Smiley


Bonam
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September 13, 2014, 03:17:18 AM
 #23027

All of us got involved knowing that communication has always been bad with AM.

I give AM more latitude than any other company I deal with.
Almost to the point that I feel guilty when I hold real people to actual standards..  I almost feel like a hypocrite.
I would never, in a million years, put this much money at risk - in the real world - with these types of chronic communication deficiencies.
When shit does hit the fan, communication is crucial.
It can sabotage even the most talented, able company.

I don't know.  Not saying that communication is /hard/. But amongst all the priorities that AM and the small team has...

- better communications with shareholders
- chip sales & support
- tube sales, assembly, packaging & support
- deploying to a self-mining farm, and maintaining it
- gen4 design, tape-out and what not

What do you think the relative priority of "better communications with shareholders" lies? Especially if this particular task needs someone who is trustworthy and understands english.

I'm sure there are plenty of people here who would do PR for AM for free or for only a nominal fee, who have the needed skills and background.
Bonam
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September 13, 2014, 03:20:30 AM
 #23028

If you are so disappointed, why are you still holding 100+ shares, vortex1878?
Sell them all to me, and unburden yourself.

Cause the remaining value is so low it's hardly even worth unloading them at this price.
jimmothy
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September 13, 2014, 03:27:39 AM
 #23029

If you are so disappointed, why are you still holding 100+ shares, vortex1878?
Sell them all to me, and unburden yourself.

Cause the remaining value is so low it's hardly even worth unloading them at this price.

Double the IPO price per share is low?
Bonam
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September 13, 2014, 03:40:44 AM
 #23030

Double the IPO price per share is low?

Yes. Considering that the price sat around 1.25 BTC for a really long time and even sat around 4 BTC for a long time, and that a lot of trading happened at those prices, and that a lot of people bought in at those prices, 0.2 is indeed very low. Many have lost anywhere from 80-95% of their investment. Myself I acquired most of my stake around 1.25 BTC. Yes yes you can say it was an obvious bubble and only fools would have bought in that high, but if you go read this thread from that time period, it was only a tiny minority of voices that were bearish. Very many people were actively buying even above 4 BTC, believing it could go even higher or would continue to pay dividends that justified such a high price.

And even if the BTC price had never risen to those highs in the meantime, double the IPO price is fine but honestly not great for it being 2 years after IPO. Many "real life" IPOs exhibit those kinds of returns (or more... for example my gopro stock has nearly tripled since IPO in just a couple months), and they do it with a lot less risk than an anonymous company in a volatile currency with no regulation.
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September 13, 2014, 05:13:57 AM
 #23031

When one gambles, one places their bet on an outcome at a specific time. Once that time has expired, the house either rakes your wager, or rewards you with your winnings. It is a bet, a single wager, with a specific end time.

When one invests, they neither win nor lose until, at a time of their choosing, they liquidate their investment. An investment can fluctuate 1000 times between 5BTC and .02BTC, but only two things matter in the end: The purchase price and the sales price.

It seems to me that some people have a difficult time distinguishing between the two. If you buy a share of AM, you can win two ways and lose  two ways. You can win by selling at a higher price than you purchased it, or you can win by dividend accumulation, or a combination of both. You can lose by selling at a loss, or lose from the investment becoming worth zero.

The real difference between gambling and investing is that the investor decides when the game is over, unless the asset becomes worth zero. I for one do not think AM is headed for zero any time soon, so I consider it two ways to win and one way to lose. At any given time you may be ahead or behind, but the only way to lose is to sell and lock in your losses.

This is elementary game theory.
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September 13, 2014, 07:06:11 AM
 #23032

A little more action https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i. It's a sign ;-)
ensurance982
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September 13, 2014, 09:07:05 AM
 #23033


Yeah, 60 BTC have been withdrawn from that address. I don't really think this is a 'good' sign :/ Also, the fact that we've just seen 10 more BTC after about 48 hours means, we're indeed mining with 270 TH/s on BTCGuild and the hourly payout is set for 10 BTC, at least the numbers for that scenario add up perfectly... Huh, well we'll see I guess...

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September 13, 2014, 10:11:44 AM
 #23034

Well, that doesn't add up. 
7 weeks since mid-July.
49 days.
24 - 48 hour periods.
Should be 240 coins.
No?
feifa
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September 13, 2014, 10:56:08 AM
 #23035

From the transaction on the address
https://blockchain.info/address/1H7FpBV8huVmPvt5eRzszAkgnERH2FaWvq

I'm sure the mining address 1H7FpBV8huVmPvt5eRzszAkgnERH2FaWvq is AM's mining address.
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September 13, 2014, 11:03:19 AM
 #23036

From the transaction on the address
https://blockchain.info/address/1H7FpBV8huVmPvt5eRzszAkgnERH2FaWvq

I'm sure the mining address 1H7FpBV8huVmPvt5eRzszAkgnERH2FaWvq is AM's mining address.


The speculation is a welcome distraction from the in-fighting the thread usually devolves into after a certain amount of time without tangible news. Maybe we should get Columbo or Angela Lansbury over here to help track down the dividend story. One of these months Fried Cat is going to post some good news surrounding this, hopefully we all can keep lasting long enough to see the light of day.
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September 13, 2014, 11:21:20 AM
 #23037

Well, that doesn't add up. 
7 weeks since mid-July.
49 days.
24 - 48 hour periods.
Should be 240 coins.
No?

I guess they already withdrew prior to this. Maybe they just now decided to let the build-up income trickle into our regular mining address. And if we assume that the last payment was now 48 hours ago, we'd be practically excactly at another 10 BTC now (which have just been transferred). Makes sense in my books!

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September 13, 2014, 11:33:01 AM
 #23038

For all we know, AM coins could be spread over 20 different addresses.
Chasing transactions is fun and all, but I don't think we're getting the whole picture.
Like someone else said, we might be spread over several pools too.

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September 13, 2014, 11:38:45 AM
 #23039


Yeah, 60 BTC have been withdrawn from that address. I don't really think this is a 'good' sign :/ Also, the fact that we've just seen 10 more BTC after about 48 hours means, we're indeed mining with 270 TH/s on BTCGuild and the hourly payout is set for 10 BTC, at least the numbers for that scenario add up perfectly... Huh, well we'll see I guess...

maybe https://blockchain.info/address/1ERszMSERwHNR9Xty73KZXpsg1jjBXWcHh is the payout address of AM, which means that there will be  huge dividends up comming.
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September 13, 2014, 12:01:45 PM
 #23040

So you all are saying even though FC is ignoring you all ( regularity of updates wise ). and missing all marks that he himself stated, You are still rallying up expectations of a huge imminent divs soon based on pseudo information that have most of it built on "assumptions". Not even educated assumptions someone just suggested 279GH would get you 10 BTC on hourly bases........

I really hope the expression skills just failed him and he doesn't really believe that..... otherwise oh my..... oh my my......

Will take me a while to climb up again, But where is a will, there is a way...
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