ASICMINER: Entering the Future of ASIC Mining by Inventing It

[TsuyokuNaritai]

While the dividend was average, news came out shortly after about an increase in mining hash rates and ultra-fast sales of mining gear which meant a big increase for this week's dividend. The share price jumped due to speculation of the dividend, not the price of BTC.

Not really this week's dividend, it's more about bright future in the coming months. I won't be shocked if today's dividend isn't spectacular.

[ft73]

Nonsense. AM share price has been going up for other reasons. Coincidence != cause+effect.

Ok. Your opinion. Coincidence.
Guess i'm lucky then.
As long as this makes me profitable i like it.

We'll see what happens when BTC starts again going up.

[chkgk]

chiming in here: correlation != causality.
Sure, there is correlation between btc/usd and the AM share price. There also is correlation between dividends and share price and one might also see causality in these correlations, BUT with the lack of information about the company's financials, hardware, business plan etc we are extremely likely to miss variables that effect our dependent variable significantly. Thus all our estimates are biased anyway.
Just my two econometrics / time series bitcents.

[madams]

I have been observing the price of AM shares as compared to the price of BTC for a few months and it seems like there is very little, or even no correlation between the two.

It may take a wild swing down or up to change that.

The share price of AM seems to be directly correlated to the the dividend regardless of the BTC price.

Since the price of BTC does impact the value of the dividend, it will be interesting to see how long these correlations, or lack of correlations, hold up.

are you sure? please share your graph .... I could have sworn last week's dividends were average and the share price jumped massively

My observations are pulled from my arse so there isn't a graph.

ftfy  

lmao - hope no graphs fall out

Looks like your value-add to the forum is crude humor...

[empoweoqwj]

Is anyone else concerned about the declining BTC price which is now about $84 on MtGox?

It is about 15% lower than the price at last week's dividend payout which was around $100 per BTC.

If the dividend comes in at 0.025 BTC, the corresponding value would be about 0.02.

Thoughts?

I would think that the declining BTC value is built into the increasing price of AM shares by those investing.

That's non-sense, decreasing BTC value has the effect of slightly decreasing AM share value, but mostly it should stay uneffected by it. (decreasing BTC value means fixed cost in USD are higher, requiring more BTC to be converted to USD to pay the bills.)

Agreed. The idea that if BTC plummets everyone is going to go to the safe haven of "bitcoin mining" needs their head examined.

[ft73]

chiming in here: correlation != causality.
Sure, there is correlation between btc/usd and the AM share price. There also is correlation between dividends and share price and one might also see causality in these correlations, BUT with the lack of information about the company's financials, hardware, business plan etc we are extremely likely to miss variables that effect our dependent variable significantly. Thus all our estimates are biased anyway.
Just my two econometrics / time series bitcents.

Sure, what you say is right.
What i was trying to convey is that lately looks like many people is putting coins into ASICMiner instead to just plain sell them.
It's the same kind of behaviour you may observe on BTC / LTC.

[SmiGueL]

3k on sales?

Makes 0.023BTC/share

[empoweoqwj]

I have been observing the price of AM shares as compared to the price of BTC for a few months and it seems like there is very little, or even no correlation between the two.

It may take a wild swing down or up to change that.

The share price of AM seems to be directly correlated to the the dividend regardless of the BTC price.

Since the price of BTC does impact the value of the dividend, it will be interesting to see how long these correlations, or lack of correlations, hold up.

are you sure? please share your graph .... I could have sworn last week's dividends were average and the share price jumped massively

My observations are pulled from my arse so there isn't a graph.

ftfy  

lmao - hope no graphs fall out

Looks like your value-add to the forum is crude humor...

thank you kindly sir. your "value-add" (that's not a word by the way) appears to be extrapolating false logic from non-existent research. Keep it up.

[TsuyokuNaritai]

0.02297

[ft73]

0.02297

Decent.

[empoweoqwj]

0.02297

is that a prediction or actual result?

[TsuyokuNaritai]

0.02297

is that a prediction or actual result?

https://blockchain.info/address/115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF

[SmiGueL]

0.02297

is that a prediction or actual result?

Both

Prediction of dividends, and a result of all the coins currently in the dividend-payment-adress.


PAID!  

[chkgk]

3k on sales?

Makes 0.023BTC/share

ha, called it!

Tomorrow is Wednesday, so here we go again:
I predict the dividend to be close to 0.02329748, [...]

[ft73]

3k on sales?

Makes 0.023BTC/share

ha, called it!

Tomorrow is Wednesday, so here we go again:
I predict the dividend to be close to 0.02329748, [...]

So next time please predict something HIGHER 

[chkgk]

3k on sales?

Makes 0.023BTC/share

ha, called it!

Tomorrow is Wednesday, so here we go again:
I predict the dividend to be close to 0.02329748, [...]

So next time please predict something HIGHER 

will do!

[americandesi]

here it is.. this weeks dividend is 0.02297025.
Very less than what i had expected / predicted.

[tinus42]

0.02297

is that a prediction or actual result?

Both

Prediction of dividends, and a result of all the funds currently in the dividend-payment-adress.


PAID!  

Funny, I got: 0.02297025

[talnted]

Very solid dividend. Keep up the excellent work ASICminer

[velacreations]

nice bear trap!  cheap shares everywhere, get them while the newbies still panic...