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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3914552 times)
SOSLOVE868
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July 04, 2013, 02:51:40 AM
 #9281



I hate my shares are direct shares.......It makes me stuck right here....



I've been selling off PT's in order to hold direct shares. If I hadn't just cleaned the last satoshi out of my wallets I'd offer to buy from you right now. In fact, if this dip in BTC holds, I might  buy some more BTC/AM. You selling? No need to be stuck.  All fair priced direct offerings that I've seen have been snapped up like candy thus far...
I think I will hold on these direct shares , because the price of PT dump so quickly, it make me non-sense to sell my shares at this time.
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madams
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July 04, 2013, 03:27:31 AM
 #9282

yeah, you can auction them but you certainly can't "play the stock-market" with them if they are direct.

I actually like the fact I can't "dabble" with my AM shares on the markets. Dabbling can lead to big losses as well as big gains. I'm settling for dabbling with "real" bitcoins instead, and investing for the long-term in AM.

"Dabbling can lead to big losses as well as big gains."  Do you have a graph for that? Perhaps you should check your arse. Or is this just an observation?  Grin
Pierre
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July 04, 2013, 03:31:50 AM
 #9283

Yep, the BTC slide feels nasty but hopefully its "cheaper hamburger" time.

I hope the prices drop more, I'm not done buying hamburgers yet!
empoweoqwj
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July 04, 2013, 03:58:45 AM
 #9284

yeah, you can auction them but you certainly can't "play the stock-market" with them if they are direct.

I actually like the fact I can't "dabble" with my AM shares on the markets. Dabbling can lead to big losses as well as big gains. I'm settling for dabbling with "real" bitcoins instead, and investing for the long-term in AM.

"Dabbling can lead to big losses as well as big gains."  Do you have a graph for that? Perhaps you should check your arse. Or is this just an observation?  Grin

lol - you woke up still agitated. "Let go" my friend Grin
empoweoqwj
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July 04, 2013, 03:59:48 AM
 #9285

Yep, the BTC slide feels nasty but hopefully its "cheaper hamburger" time.

I hope the prices drop more, I'm not done buying hamburgers yet!

Its a double-edged sword buying cheap hamburgers, sorry if that is too much of a mixed metaphor, its early here.
romerun
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July 04, 2013, 04:01:26 AM
 #9286

they dumped AM to dump BTC to get fiat, coz they know btc is heading for 30, that's why.
freedomno1
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July 04, 2013, 04:04:50 AM
 #9287

Yep, the BTC slide feels nasty but hopefully its "cheaper hamburger" time.

I hope the prices drop more, I'm not done buying hamburgers yet!

Its a double-edged sword buying cheap hamburgers, sorry if that is too much of a mixed metaphor, its early here.

Don't worry their Ecoli free the cat fried them first Smiley
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July 04, 2013, 04:11:14 AM
 #9288

they dumped AM to dump BTC to get fiat, coz they know btc is heading for 30, that's why.

This is the most likely answer IMO


www.sgBitcoin.net - The Premier News, Discussion & Marketplace Destination for the Singaporean Bitcoin Community
freedomno1
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July 04, 2013, 04:15:31 AM
 #9289

they dumped AM to dump BTC to get fiat, coz they know btc is heading for 30, that's why.

This is the most likely answer IMO



I agree but at the same time this presents an opportunity to build up more bitcoins
The company itself hasn't changed
The question is if you are believer in the idea that bitcoins will have a value in the long run or if you want to cash out now and leave the market to decide like 2011 Smiley
http://www.guardian.co.uk/commentisfree/2013/jul/03/bitcoin-sells-out-winklevoss-twins
Franktank
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July 04, 2013, 04:16:13 AM
 #9290

Yep, the BTC slide feels nasty but hopefully its "cheaper hamburger" time.

I hope the prices drop more, I'm not done buying hamburgers yet!

friedcat can haz cheeseburger?
deadgiveaway
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July 04, 2013, 04:16:46 AM
 #9291

they dumped AM to dump BTC to get fiat, coz they know btc is heading for 30, that's why.

that still wouldn't make sense. as long as BTC is worth anything, and there is liquidity, then AM share value against the dollar will sustain. In other words, if BTC drops to 10-15% it's current value, AM should rise at least 500%.
SOSLOVE868
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July 04, 2013, 04:20:39 AM
 #9292

they dumped AM to dump BTC to get fiat, coz they know btc is heading for 30, that's why.

that still wouldn't make sense. as long as BTC is worth anything, and there is liquidity, then AM share value against the dollar will sustain. In other words, if BTC drops to 10-15% it's current value, AM should rise at least 500%.
They believe the capital growth + dividend growth of AM , is far below than the speed of Price decrease of BTC itself...
They believe selling their shares right now ,equal to more coins later and since AM share price is correlated with BTC/USD ,thus AM shares also will decrease in the future...Thus they can get more shares and more BTC in the foreseeable future...

ThickAsThieves
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July 04, 2013, 04:28:45 AM
 #9293

they dumped AM to dump BTC to get fiat, coz they know btc is heading for 30, that's why.

that still wouldn't make sense. as long as BTC is worth anything, and there is liquidity, then AM share value against the dollar will sustain. In other words, if BTC drops to 10-15% it's current value, AM should rise at least 500%.

C'mon now...
deadgiveaway
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July 04, 2013, 04:47:56 AM
 #9294

they dumped AM to dump BTC to get fiat, coz they know btc is heading for 30, that's why.

that still wouldn't make sense. as long as BTC is worth anything, and there is liquidity, then AM share value against the dollar will sustain. In other words, if BTC drops to 10-15% it's current value, AM should rise at least 500%.

C'mon now...

Was there something illogical about what I said?
Pierre
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July 04, 2013, 04:58:40 AM
 #9295

Was there something illogical about what I said?

Yup

Quote from: deadgiveaway
In other words, if BTC drops to 10-15% it's current value, AM should rise at least 500%.

How do you figure that? If BTC drops to $10 then AM will make no profit at all - everything will go into electricity and operating costs.
empoweoqwj
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July 04, 2013, 05:01:58 AM
 #9296

they dumped AM to dump BTC to get fiat, coz they know btc is heading for 30, that's why.

that still wouldn't make sense. as long as BTC is worth anything, and there is liquidity, then AM share value against the dollar will sustain. In other words, if BTC drops to 10-15% it's current value, AM should rise at least 500%.

I don't agree with that statement. AM's assets are *primarily* in the field of producing bitcoins, its a bitcoin business. Sure they could sell off this power supply or that floor space, but in the end, I'm sure 90% of their assets, physical or intellectual are directly tied to bitcoins.

Of course smart people will take advantage of the current sell-off and end up with a lot more bitcoins. But whether they choose to use those bitcoins to force the price up of AM to 10+ or something ridiculous, time will tell. I don't think they will.
Eric Muyser
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July 04, 2013, 05:13:19 AM
 #9297

they dumped AM to dump BTC to get fiat, coz they know btc is heading for 30, that's why.

that still wouldn't make sense. as long as BTC is worth anything, and there is liquidity, then AM share value against the dollar will sustain. In other words, if BTC drops to 10-15% it's current value, AM should rise at least 500%.

Are you on the crack?



Sorry if that's offensive but I don't know any more elegant way to express my confusion. I'm sure you're not on crack but I'm confused by this logic because it's illogical.

@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
empoweoqwj
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July 04, 2013, 05:17:48 AM
 #9298

they dumped AM to dump BTC to get fiat, coz they know btc is heading for 30, that's why.

that still wouldn't make sense. as long as BTC is worth anything, and there is liquidity, then AM share value against the dollar will sustain. In other words, if BTC drops to 10-15% it's current value, AM should rise at least 500%.

Are you on the crack?



Sorry if that's offensive but I don't know any more elegant way to express my confusion. I'm sure you're not on crack but I'm confused by this logic because it's illogical.

I think most people have agreed his statement isn't logical. Again, some people here are still thinking AM shares are some kind of magical hedge against the drop in value of BTC. If they want to keep thinking that, that's fine.

Whether he's on crack or not, its hard to judge from his words alone. I can't tell if he is jittery or not  Grin
deadgiveaway
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July 04, 2013, 05:28:00 AM
 #9299

all of you are fucking idiots.
jc328
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July 04, 2013, 05:29:57 AM
 #9300

all of you are fucking idiots.

Nice Retort...     Roll Eyes
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