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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3918003 times)
empoweoqwj
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July 01, 2013, 05:18:52 PM
 #8961

I expect to see a HUGE price spike the next time friedcat posts... I actually have btc sitting and waiting to buy in the second he posts, and then I will sell on the spike!
Why even sell on the spike? It's not trollboxland where every pump is followed by a dump. This is Friedcatland, all spikes so far have just stabilized out until the next spike!

Because I want to pay off my student loans, and if I don't sell 2 hours after... Ill keep holding forever and never sell, when it would be nice to pay off the loans to improve my USD cashflow Tongue

To increase popularity of Bitcoin and Asicminer, you should speak to the media. Would you be willing to bring exposure to Asicminer by detailing in an interview how you paid for your student loans with this fantastic Bitcoin exclusive investment opportunity?

If you don't want to do an interview at least consider writing a book and selling it. It will increase your cashflow and benefit your share value. You're like the Warren Buffet of Virtual Stocks.

Ummm ... generally people don't write financial books for the money, they do it because they love exposure, want to feed their ego or want to leave something behind when they go. I don't think Warren Buffet exactly needed the cash from a book deal  Cheesy
Luckybit
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July 01, 2013, 05:19:02 PM
 #8962

Auction Alert

I have initiated a third offering for my holdings. I am offering at 4.5BTC/share for a maximum of 1000 shares:
https://bitcointalk.org/index.php?topic=247803.0

Oh crap...


Ha, he's really gonna slow the growth down with this. We were gonna see 5 for certain.
Time to make some phone calls and get people to buy them all up ASAP.
empoweoqwj
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July 01, 2013, 05:19:43 PM
 #8963

Auction Alert

I have initiated a third offering for my holdings. I am offering at 4.5BTC/share for a maximum of 1000 shares:
https://bitcointalk.org/index.php?topic=247803.0

Oh crap...

I think its cool. We can all buy them and resell them to bubble-boys Wink
Luckybit
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July 01, 2013, 05:21:04 PM
 #8964

Auction Alert

I have initiated a third offering for my holdings. I am offering at 4.5BTC/share for a maximum of 1000 shares:
https://bitcointalk.org/index.php?topic=247803.0

Oh crap...

I think its cool. We can all buy them and resell them to bubble-boys Wink

The bubble-boys will be coming. We just gotta call them up and tell them what an awesome opportunity they are missing. When stories spread about people paying off their college loans or tripling their Bitcoins just from buying shares they'll get in.


By the way, 1000 shares @ 4.5? That guy is a millionaire.
aahzmundus
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July 01, 2013, 05:24:11 PM
 #8965

I expect to see a HUGE price spike the next time friedcat posts... I actually have btc sitting and waiting to buy in the second he posts, and then I will sell on the spike!
Why even sell on the spike? It's not trollboxland where every pump is followed by a dump. This is Friedcatland, all spikes so far have just stabilized out until the next spike!

Because I want to pay off my student loans, and if I don't sell 2 hours after... Ill keep holding forever and never sell, when it would be nice to pay off the loans to improve my USD cashflow Tongue

To increase popularity of Bitcoin and Asicminer, you should speak to the media. Would you be willing to bring exposure to Asicminer by detailing in an interview how you paid for your student loans with this fantastic Bitcoin exclusive investment opportunity?

If you don't want to do an interview at least consider writing a book and selling it. It will increase your cashflow and benefit your share value. You're like the Warren Buffet of Virtual Stocks.

Uhhh, I would and I wouldn't.  I haven't paid off my student loans yet, I'm trying to not pull out TOO much to avoid going up several tax brackets (I plan to may my taxes on this income).

Last time there was a wall, it lasted for... how long?

I figure now is a good time to cash out some.  That mid sized wall on TAT is me at 4.5.  (unless it already got eaten).

nubbins
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July 01, 2013, 05:25:28 PM
 #8966

When stories spread about people paying off their college loans or tripling their Bitcoins just from buying shares they'll get in.

I've tripled my investment in under 2 months.

For the record, I think anybody who buys shares at current prices (~4.5) is making a bad decision.

No longer buying/selling Casascius coins. Beware scammers.
My OTC Web of Trust ratings / What's a PGP chain of custody?
Luckybit
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July 01, 2013, 05:26:30 PM
 #8967

When stories spread about people paying off their college loans or tripling their Bitcoins just from buying shares they'll get in.

I've tripled my investment in under 2 months.

For the record, I think anybody who buys shares at current prices (~4.5) is making a bad decision.

Why would you consider it a bad decisions with the ridiculous dividends coming in the future?
Eric Muyser
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July 01, 2013, 05:32:42 PM
 #8968

When stories spread about people paying off their college loans or tripling their Bitcoins just from buying shares they'll get in.

I've tripled my investment in under 2 months.

For the record, I think anybody who buys shares at current prices (~4.5) is making a bad decision.

Yah don't give a reason, facts or logic or anything.

@EricMuyser | EricMuyser.com | OTC - "Defeat is a state of mind; no one is ever defeated until defeat has been accepted as a reality" - Bruce Lee
blackreplica
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July 01, 2013, 05:33:37 PM
 #8969

Auction Alert

I have initiated a third offering for my holdings. I am offering at 4.5BTC/share for a maximum of 1000 shares:
https://bitcointalk.org/index.php?topic=247803.0

Oh crap...

It may seem that way...but I seriously believe this guy just did us a massive favour by stabilising the price

www.sgBitcoin.net - The Premier News, Discussion & Marketplace Destination for the Singaporean Bitcoin Community
SOSLOVE868
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July 01, 2013, 05:35:04 PM
 #8970

When stories spread about people paying off their college loans or tripling their Bitcoins just from buying shares they'll get in.

I've tripled my investment in under 2 months.

For the record, I think anybody who buys shares at current prices (~4.5) is making a bad decision.

Why would you consider it a bad decisions with the ridiculous dividends coming in the future?

only if some one will buy over your AM shares at this price level in the future, otherwise anything less than 4.5(future selling price+received dividends)=loss

SOSLOVE868
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July 01, 2013, 05:37:47 PM
 #8971

Auction Alert

I have initiated a third offering for my holdings. I am offering at 4.5BTC/share for a maximum of 1000 shares:
https://bitcointalk.org/index.php?topic=247803.0

Oh crap...

It may seem that way...but I seriously believe this guy just did us a massive favour by stabilising the price
He may also possibly contributing to another BTC/USD price droop in the future....
nubbins
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July 01, 2013, 05:38:46 PM
 #8972

When stories spread about people paying off their college loans or tripling their Bitcoins just from buying shares they'll get in.

I've tripled my investment in under 2 months.

For the record, I think anybody who buys shares at current prices (~4.5) is making a bad decision.

Why would you consider it a bad decisions with the ridiculous dividends coming in the future?

Because daily fluctuations in share prices are already orders of magnitude larger than any dividend payment to date. A BTC0.04 dividend equals a net loss if the shares you bought at BTC4.5 are now selling for BTC4.45.

No longer buying/selling Casascius coins. Beware scammers.
My OTC Web of Trust ratings / What's a PGP chain of custody?
blackreplica
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July 01, 2013, 05:39:05 PM
 #8973

Auction Alert

I have initiated a third offering for my holdings. I am offering at 4.5BTC/share for a maximum of 1000 shares:
https://bitcointalk.org/index.php?topic=247803.0

Oh crap...

It may seem that way...but I seriously believe this guy just did us a massive favour by stabilising the price
He may also possibly contributing to another BTC/USD price droop in the future....


thats a good point. If he dumps 4500BTC right now the price goes just above 90. Might be just enough to trigger a panic selloff

www.sgBitcoin.net - The Premier News, Discussion & Marketplace Destination for the Singaporean Bitcoin Community
Eric Muyser
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July 01, 2013, 05:39:23 PM
 #8974

Auction Alert

I have initiated a third offering for my holdings. I am offering at 4.5BTC/share for a maximum of 1000 shares:
https://bitcointalk.org/index.php?topic=247803.0

Oh crap...

It may seem that way...but I seriously believe this guy just did us a massive favour by stabilising the price

He should have made the minimum shares higher than 20 though >.<

@EricMuyser | EricMuyser.com | OTC - "Defeat is a state of mind; no one is ever defeated until defeat has been accepted as a reality" - Bruce Lee
Eric Muyser
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July 01, 2013, 05:41:00 PM
 #8975

When stories spread about people paying off their college loans or tripling their Bitcoins just from buying shares they'll get in.

I've tripled my investment in under 2 months.

For the record, I think anybody who buys shares at current prices (~4.5) is making a bad decision.

Why would you consider it a bad decisions with the ridiculous dividends coming in the future?

Because daily fluctuations in share prices are already orders of magnitude larger than any dividend payment to date. A BTC0.04 dividend equals a net loss if the shares you bought at BTC4.5 are now selling for BTC4.45.


lol, you need to see a net profit in one week? Gimme a break nobody expects that, when it comes to stable dividends they understand if the average yearly earning is 25% on their purchase price, then they can see the stock price drop 24% and still make a 1% profit.

@EricMuyser | EricMuyser.com | OTC - "Defeat is a state of mind; no one is ever defeated until defeat has been accepted as a reality" - Bruce Lee
SOSLOVE868
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July 01, 2013, 05:43:18 PM
 #8976

When stories spread about people paying off their college loans or tripling their Bitcoins just from buying shares they'll get in.

I've tripled my investment in under 2 months.

For the record, I think anybody who buys shares at current prices (~4.5) is making a bad decision.

Why would you consider it a bad decisions with the ridiculous dividends coming in the future?

Because daily fluctuations in share prices are already orders of magnitude larger than any dividend payment to date. A BTC0.04 dividend equals a net loss if the shares you bought at BTC4.5 are now selling for BTC4.45.


Be quiet...it better be a secret.....
aahzmundus
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July 01, 2013, 05:44:37 PM
 #8977

So a little bit of digging....

I believe Jutarul will not do this much more.  He currently owns 7,500 shares... unless he has his shares under multiple addresses.  After this sale, 6,500.  I doubt he will bring himself below the 5,000 level of a board member... why would you give up a board seat?  So assuming all his shares are in one address he will only have 1,500 shares to sell after this sell off.

Looking at https://docs.google.com/spreadsheet/ccc?key=0AtqphFCP56ordGVCakJxSU90MlB4MlBkZENya25pS2c&lsrp=1#gid=4  I wonder who 1BnkEt2ceoVhnQVrqeAzigcroQ6MVyxFey and 12m9dz42JrwCwLhxuzVMzNs9BXvwxTp3B1 are...  Do we know the holding address of... coinlenders?  some of the big funds? We should work on identifying who the big shareholders are.

I am 1SGvKZibKZyJGzpxwyUo5hR9PSmPyRxKS (swore I was way higher on the list... oh well my ego).  Yeay Transparency!

tinus42
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July 01, 2013, 05:44:53 PM
 #8978

"However, many are less optimistic about the future of the currency, questioning its stainability and constant fluctuations."

That's always bugged me: bitcoins are great, but how can I stain them please?

You can taint them but I never heard of anyone staining them. Cheesy

Don't care for Star Wars anymore but am stuck with the avatar
Rival
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July 01, 2013, 05:47:09 PM
 #8979

Over a third of the shares sold in less than 30 minutes. You call that a wall?
nubbins
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July 01, 2013, 05:48:59 PM
 #8980

lol, you need to see a net profit in one week? Gimme a break nobody expects that, when it comes to stable dividends they understand if the average yearly earning is 25% on their purchase price, then they can see the stock price drop 24% and still make a 1% profit.

I don't need to see anything. I'm not personally concerned about the price of shares at all. The rubes buying in at BTC4.5, however...

No longer buying/selling Casascius coins. Beware scammers.
My OTC Web of Trust ratings / What's a PGP chain of custody?
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