ASICMINER: Entering the Future of ASIC Mining by Inventing It

[runeks]

I remember hearing July 10. But don't quote me on that.

Don't tell me what to do!!!!

https://pay.reddit.com/r/firstworldanarchists

[1675445467]

1675445467

[eltopo]

I tried myself to create a list with AM shareholders based on yesterday's dividends:

https://docs.google.com/spreadsheet/ccc?key=0AtqphFCP56ordGVCakJxSU90MlB4MlBkZENya25pS2c

I got > 398k of the 400k shares. If you find any errors please let me know!

Updated.

[binaryFate]

How long does it take to get the dividends on BTCT?

Did you consider reading posts of last week around the same time? Or the ones of 2 weeks ago? Or the ones of 3 weeks...
I think you could find the exact same question as yours already asked, and answered, and several times.

[keeron]

wooho... looks like Burnside did a hardware upgrade :-) Got the asicminer-pt dividends just now!

[Taxidermista]

wooho... looks like Burnside did a hardware upgrade :-) Got the asicminer-pt dividends just now!

It was really fast this week.

[conv3rsion]

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

What did you predict? You realize they aren't selling blades right now right?

I predicted 0.022  so i'll take ~0.023 pretty happily.

[dragony]

How long will it take to hit 5 again? Suggestions?

[runeks]

How long will it take to hit 5 again? Suggestions?

When the dividends from the next production of Blades kick in.

[velacreations]

How long will it take to hit 5 again? Suggestions?

in about 15 minutes, cause everyone got their dividends and are reinvesting, now.

bear trap sprung!

[TsuyokuNaritai]

How long will it take to hit 5 again? Suggestions?

Coincidentally just after Friedcat's next update.

[Eric Muyser]

How long will it take to hit 5 again? Suggestions?

in about 15 minutes, cause everyone got their dividends and are reinvesting, now.

bear trap sprung!

Nah, no way we're going over 5. We touched base with 5.1 and it wasn't meant to be this week. We're looking at 4.3-4.6 for a while. Awaiting blade sales.

[canth]

How long will it take to hit 5 again? Suggestions?

in about 15 minutes, cause everyone got their dividends and are reinvesting, now.

bear trap sprung!

Nah, no way we're going over 5. We touched base with 5.1 and it wasn't meant to be this week. We're looking at 4.3-4.6 for a while. Awaiting blade sales.

You mean, no way we're logically going over 5. Market sentiment will be what it is and as we all continue to discuss (lament?) - there are few competing investments that offer an alternative. I wouldn't be surprised if it stays in the low 4s or goes right back to 5.

[velacreations]

Nah, no way we're going over 5. We touched base with 5.1 and it wasn't meant to be this week. We're looking at 4.3-4.6 for a while. Awaiting blade sales.

the reasoning behind your target of 4.6 doesn't really hold.  Dividend as considerably lower last week, yet we went all the way to 5.1.

120d average dividend is still over 30% at 4.7.  I think if you are planning for prices to site at 4.6, you'll be surprised at what they will be at this time tomorrow.

[Eric Muyser]

Nah, no way we're going over 5. We touched base with 5.1 and it wasn't meant to be this week. We're looking at 4.3-4.6 for a while. Awaiting blade sales.

the reasoning behind your target of 4.6 doesn't really hold.  Dividend as considerably lower last week, yet we went all the way to 5.1.

People were expecting an epic dividend. 0.0035 is "considerably lower"? This week and last week are nearly the same. We went to 5.1 because we didn't know what it would be and it was hyped as being epic. I tried to warn caution that at 5 BTC we should be getting a 0.03 dividend or it's unlikely to stick.

Sure, I could be trying to put a bear spin on it so I can pick up cheaper shares. People will have to trust that I am not, and am just trying to speak a bit of reason so we don't increase the volatility even more. That was the largest drop and it's a bit shocking and not desirable to repeat. You said yourself you didn't expect 4.25. That's a 0.92 BTC jump from the high. That's not peanuts and was probably difficult to watch for some people. Yet here you are, saying to "buy it now", "it'll be at 5 BTC in 5 minutes". "It'll settle at 5" then 5 mins later "It'll tell at 4.8" then 5 mins later...?? Someone needs to have a word of caution with bubble boy statements like that.

You just paid 4.7 BTC in the direct share auction you won, so you have an interest in not seeing it fall below that until you can get it to a PT. I know the feeling... I breathed a sigh of relief when I lost the bid at 4.6

There's no evidence that friedcat will post for sure. There's no reason to value it above 5 BTC right now. Nothing has changed or given additional incentive. Just a normal dividend. Staying at 5 BTC, as it was for a while, that's fine. Why above? Zzz.

Additionally, even if blades are sold on the 10th as mentioned, that won't be part of the next dividend, so we have time to cool off anyway.

That said, yall should be happy with 0.022 dividend, or even 0.02, really, no reason to panic IMO. Just hold tight and wait for either friedcat or blade sales.

[freedomno1]

Well the true-wall is somewhere between 2.5 and here

Anyways wonder if tomorrow is Friedcat day

[Birdy]

Actually the crash happened exactly after the moment a big dump on Gox happened, so I'm not sure if dividends are to blame for that.

[Eric Muyser]

Actually the crash happened exactly after the moment a big dump on Gox happened, so I'm not sure if dividends are to blame for that.

That surely didn't help. Could be both. Amazing dividend would be an incentive not to react to Gox crashing.

[TsuyokuNaritai]

In case you needed any more reasons to stock up on ASICMiner shares, here's the Butterfly Labs Mini Rig review.

[velacreations]

Nah, no way we're going over 5. We touched base with 5.1 and it wasn't meant to be this week. We're looking at 4.3-4.6 for a while. Awaiting blade sales.

the reasoning behind your target of 4.6 doesn't really hold.  Dividend as considerably lower last week, yet we went all the way to 5.1.

People were expecting an epic dividend. 0.0035 is "considerably lower"? This week and last week are nearly the same. We went to 5.1 because we didn't know what it would be and it was hyped as being epic. I tried to warn caution that at 5 BTC we should be getting a 0.03 dividend or it's unlikely to stick.

this week's dividend was 27% higher than last week.  I don't know who actually expected a .035 dividend, most of us (including me) have been saying .025.  Now, we certainly didn't rule it out going higher, but it's not like it was a disappointment.

Still last week's dividend was .018, this week is .023.  We went to 5.1 knowing the dividend had been .018.  The 120d average is still a ways above 30% APR.

We will see what happens, but I think it is quite clear that settling at 4.6 is a bit low, especially with 4.8 on the exchange right now.

I find it funny that you are bearish, now, using the same arguments I was when the dividend dropped 2 weeks ago.  It's funny how things change... 

[KarmaShark]

I'll be back in Vancouver in a week, ya boys Where are you KarmaShark?

Waterloo, ON, right down the road from BlackBerry HQ.


Are you over in Japan on work? I want to go back sometime soon, what a blast. Definitely feeling the AM Canuck meet-up, we are amazingly well represented here gentlemen.