ASICMINER: Entering the Future of ASIC Mining by Inventing It

[poly]

friedcat, do we know when the share trading platform will come online? (Of course getting up boards is the priority.) Does anyone know the fair market price? I saw some trade at .38 recently. Thanks!

They've traded @ up to .52 recently.

https://bitcointalk.org/index.php?topic=144676.20

Because the exchange isn't up and there are no pasthroughs, I think the value of ASICMINER shares will drop once there are convenient trading methods & more liquidity.

[matauc12]

friedcat, do we know when the share trading platform will come online? (Of course getting up boards is the priority.) Does anyone know the fair market price? I saw some trade at .38 recently. Thanks!

They've traded @ up to .52 recently.

https://bitcointalk.org/index.php?topic=144676.20

Because the exchange isn't up and there are no pasthroughs, I think the value of ASICMINER shares will drop once there are convenient trading methods & more liquidity.

Actually those create demand. Also, with no easy way and micro transactions its a sellers market. So both those things suggest the opposite. Also, the current valuation seems to be around the assumption of 1/8th of the network, but there is the very real possibility of 1/4th soon enough. It also assumes stable price and as we all know, this is a longer term investment in a deflatory currency.

Seriously, there is not many factors that count towards price drop and so many towards increase. Of course its all speculation, but saying its overvalued is far from an educated guess.


And to everyone directly asking friedcat when the platform will be released, he states that very thing in his very last post. The 28th.

[Deprived]

And to everyone directly asking friedcat when the platform will be released, he states that very thing in his very last post. The 28th.

You sure about that?  I just re-read his last announcement post (and haven't seen another since) as all it says is to stop trading during the 28th so it doesn't clash with dividend payments.  I see nothing about the trading platform going online then - and seems I'm not the only one who isn't seeing that anywhere.

[keystroke]

And to everyone directly asking friedcat when the platform will be released, he states that very thing in his very last post. The 28th.

You sure about that?  I just re-read his last announcement post (and haven't seen another since) as all it says is to stop trading during the 28th so it doesn't clash with dividend payments.  I see nothing about the trading platform going online then - and seems I'm not the only one who isn't seeing that anywhere.

I believe I read the posts closely and I had the same impression as you. Nothing about the platform, just to cease trading because dividend payments are coming.

I imagine their payment system is going to be automated so it probably forms a part of the upcoming trading platform.

Normally a stock drops by the dividend price on the ex-dividend date. The price of the security drops an amount equal to the dividend because the dividend was factored into the price. It would be interesting to see how this effected the price of ASICMINER.

Looks like we are almost at 5Thash. Good days.

Best to friedcat and all fellow share holders.

[Deprived]

You have to dig for it but a while back friedcat said the platform would be available for the first dividend payment.

For ages he said the platform would be ready before first dividend.  But this is BTC land - where deadlines come and go without explanation.

[DutchBrat]

You have to dig for it but a while back friedcat said the platform would be available for the first dividend payment.

That is indeed what Friedcat has said before..... Trading platform would be up and running before the 1st dividend payment....
He also has stated on multiple occasions that it would be a 3rd party solution closely affiliated to them....so it would seem that development of the platform would in no way hinder the deployment as it is done by someone else....

[asnonmous]

You have to dig for it but a while back friedcat said the platform would be available for the first dividend payment.

That is indeed what Friedcat has said before..... Trading platform would be up and running before the 1st dividend payment....
He also has stated on multiple occasions that it would be a 3rd party solution closely affiliated to them....so it would seem that development of the platform would in no way hinder the deployment as it is done by someone else....

He didn't mention it in his last post, so I doubt it is going to be present.

friedcat, do we know when the share trading platform will come online? (Of course getting up boards is the priority.) Does anyone know the fair market price? I saw some trade at .38 recently. Thanks!

They've traded @ up to .52 recently.

https://bitcointalk.org/index.php?topic=144676.20

Because the exchange isn't up and there are no pasthroughs, I think the value of ASICMINER shares will drop once there are convenient trading methods & more liquidity.

Actually those create demand. Also, with no easy way and micro transactions its a sellers market. So both those things suggest the opposite. Also, the current valuation seems to be around the assumption of 1/8th of the network, but there is the very real possibility of 1/4th soon enough. It also assumes stable price and as we all know, this is a longer term investment in a deflatory currency.

Seriously, there is not many factors that count towards price drop and so many towards increase. Of course its all speculation, but saying its overvalued is far from an educated guess.


And to everyone directly asking friedcat when the platform will be released, he states that very thing in his very last post. The 28th.

That was using the original, probably-optimistic timetable.

I wish we could be sure we'd have close to 1/4 of the network for an extended period of time.  But it isn't good to evaluate a company based on rosy-colored numbers like that.  1/10th is what they set out to target; 1/10th is a more reasonable conservative estimate.  The competition is not going to wait forever to bite into the ASIC profits.

[lophie]

Hello. Anyone wants to trade 13BTC for 32 shares of Asicminer? Pm me please.

[EskimoBob]

You have to dig for it but a while back friedcat said the platform would be available for the first dividend payment.

That is indeed what Friedcat has said before..... Trading platform would be up and running before the 1st dividend payment....
He also has stated on multiple occasions that it would be a 3rd party solution closely affiliated to them....so it would seem that development of the platform would in no way hinder the deployment as it is done by someone else....

He didn't mention it in his last post, so I doubt it is going to be present.

friedcat, do we know when the share trading platform will come online? (Of course getting up boards is the priority.) Does anyone know the fair market price? I saw some trade at .38 recently. Thanks!

They've traded @ up to .52 recently.

https://bitcointalk.org/index.php?topic=144676.20

Because the exchange isn't up and there are no pasthroughs, I think the value of ASICMINER shares will drop once there are convenient trading methods & more liquidity.

Actually those create demand. Also, with no easy way and micro transactions its a sellers market. So both those things suggest the opposite. Also, the current valuation seems to be around the assumption of 1/8th of the network, but there is the very real possibility of 1/4th soon enough. It also assumes stable price and as we all know, this is a longer term investment in a deflatory currency.

Seriously, there is not many factors that count towards price drop and so many towards increase. Of course its all speculation, but saying its overvalued is far from an educated guess.


And to everyone directly asking friedcat when the platform will be released, he states that very thing in his very last post. The 28th.

That was using the original, probably-optimistic timetable.

I wish we could be sure we'd have close to 1/4 of the network for an extended period of time.  But it isn't good to evaluate a company based on rosy-colored numbers like that.  1/10th is what they set out to target; 1/10th is a more reasonable conservative estimate.  The competition is not going to wait forever to bite into the ASIC profits.

Pff... this is a total waste of team's time and investors money.

Maybe this is answered in previous 100 pages of posts... Why can't they use https://btct.co/ ?
It has all the functionality they need, they will have the complete list of virtual shareholders etc. etc. 
If you are a ASIC chip engineer and mining rig builder, stick to your competence

[DutchBrat]

After GLBSE being cautious is smart. I hope friedcat has his own exchange for these shares even if we have to wait a few more months.

That's all very nice, but Friedcat has said the platform would be up and running by the end of Jan.... then before the 1st dividend payment.... so I still expect an exchange to be announced tomorrow 

[lophie]

Just to clarify. I am willing to buy not to sell. Thanks.

[poly]

Just to clarify. I am willing to buy not to sell. Thanks.

Just a PSA: This is actually a pretty bad price, you're able to sell them for more if you post in the Auctions section.

But if you're happy with the price then there isn't really any problem selling it to lophie if you want it now :)

[matauc12]

After GLBSE being cautious is smart. I hope friedcat has his own exchange for these shares even if we have to wait a few more months.

That's all very nice, but Friedcat has said the platform would be up and running by the end of Jan.... then before the 1st dividend payment.... so I still expect an exchange to be announced tomorrow 

I do not expect it as he is asking new buyers of ASICMiner for a BTC address. I'm going to guess this is for manual dividend payments.

However this does not bother me at all as friedcat beat BFL and more or less Avlon. friedcat is doing a great job and I am looking forward to the first dividend.

He also asked every old shareholders.

And to everyone being skeptic or just unable to abstract from "platform will be released before dividend" and "dividend next week".... Stop being so childish and require a word for word and use your brain. Of course there is always the possibility of a delay, just as much as if he said "platform out tomorrow". Damn, I'm not saying we know everything we should, but that part was pretty f'ing clear.

[DiabloD3]

Maybe this is answered in previous 100 pages of posts... Why can't they use https://btct.co/ ?

No one really trusts btct.co. I'd rather see it on BitFunder.

[SmiGueL]

4.7TH/s and it seems to increase slowly

I've created an automatically-updating graph with the hash speed of ASICMINER:


Also the BTC/day can be calculated based on the current hash speed, since the difficulty is known. But I think it's more reliable to take the 'blocks found' on BTCGuild and count them every day (which also isn't very reliable when having peaks and gaps in the graph..)

Since I've created this sheet a few days ago, the stats of the first weeks were based on comments from the forum here , but it 'll give a nice view of the hashrate over the last weeks

It will be updated a few times a day.

[poly]

4.7TH/s and it seems to increase slowly

I've created an automaticly-updating graph with the Hash speed of ASICMINER:


Also the BTC/day can be calculated based on the current hash speed, since the difficulty is known. But I think it's more reliable to take the 'blocks found' on BTCGuild and count them every day (which also isn't very reliable when having peaks and gaps in the graph..)

Since I've created this sheets a few days ago, the stats of the first weeks were based on comments from the forum here , but it 'll give a nice view of the hashrate over the last weeks

It will be updated a few times a day.

Interesting chart! Mind sharing how you made it? I'm not too familiar with how google spreadsheet works

[creativex]

Maybe this is answered in previous 100 pages of posts... Why can't they use https://btct.co/ ?

No one really trusts btct.co. I'd rather see it on BitFunder.

Curious why you believe BitFunder is trustworthy and BTCT.CO is not?

[🏰 TradeFortress 🏰]

Maybe this is answered in previous 100 pages of posts... Why can't they use https://btct.co/ ?

No one really trusts btct.co. I'd rather see it on BitFunder.

Curious why you believe BitFunder is trustworthy and BTCT.CO is not?

Security is probably a good reason.

[SmiGueL]

I've created an automatically-updating graph with the hash speed of ASICMINER:

Interesting chart! Mind sharing how you made it? I'm not too familiar with how google spreadsheet works

It's a Google Docs graph (click here for bigger size) which gets the data from this table.

I've created an Excel document which automatically imports the current hashrate of ASICMINER from btcguild.com, the current bitcoin difficulty, and the current bitcoin exchange rate.
With this I'm able to calculate my average daily profits, based on the number of shares I own.
_{(I don't expect it to be perfect, but it's nice to have an estimate )}
A macro in Excel automatically sends the values to the Google Docs document, which updates the image

Simply opening the Excel file a few times a day (or let it always open and auto-update) 'll do the trick

If someone have a script in Python which is able to do the same every hour please let me know, I have a Synology NAS which runs 24/7

[EskimoBob]

Maybe this is answered in previous 100 pages of posts... Why can't they use https://btct.co/ ?

No one really trusts btct.co. I'd rather see it on BitFunder.

Curious why you believe BitFunder is trustworthy and BTCT.CO is not?

Security is probably a good reason.

Really? BitFunder is like a amateur hour compared to btct.co if you look at functionality, usability etc. I must have missed something. Can you please explain this "good reason" over here: https://bitcointalk.org/index.php?topic=125629.0
I guess this voting system for blocking real garbage has caused some bad blood.