Anyways, in an effort to move the discussion more towards the intended topic, do you guys recommend keeping shares as a passthrough on BTC-TC or Bitfunder, or requesting to exchange them to normal direct shares?
Also, what do you all think about Asicminer in the near future (less than two weeks) and long term future (2+ months?). Will they keep on kicking butt, will they fall due to BFL/Avalon, or not much will change?
Also, furuknap, thanks for responding to my question about possible implications! For some odd reason, and I am not saying this sarcastically, totally forgot about a possible lawsuit possibly obliterating the asicminer. Heh, this is what happens when I spend too much time reading here.
1) It depends. Do you plan to trade? If so buy shares on passthroughs. If not, it seems to generally makes no difference. (Buy where cheap, sell where dear, and above all try to build a long position at a price lower then everyone else.)
Long term, I have a growing respect for Friedcat, and feel that he is building a company for the long term. (As much as I liked short term swings). Friedcat has managed to get himself in the drivers seat, and it is his game to lose. I think I can speak about Avalon. They went with an older tech and didn't lock down production guarantees with their fab as well as Friedcat did, so volume and efficiency (due to older tech) is a challenge. As far as BFL goes, they can go to hell, and by the time they are ready to ship, my guess is that despite spending almost as much on marketing as they did on engineering, they will have lost so many orders due to their incompetence. I'm kinda betting that AM USB sticks (and AM shares) will be the new hotness that leaves BFL in the dust.
There will be winners and losers in the btc world. Friedcat is a winner. BFL is a loser. Avalon is somewhere in between.
2) Short term AM seems on a strong uptrend, which may have gotten ahead of itself. That said, I wouldn't risk betting against it. IE: I am overall long at this time.
I'll also say AM shares, seem almost too good to be true. We've got a company that isn't in it for the short term, that is paying an estimated 37% a year divs. Do your own mach as it's all variable.
As an aside, I keep saying to myself, oh AM shares are worth X, and I'll sell em all when it reaches that price. However Friedcat keeps pulling tricks out of his hat, so I dare not project a fair market value.
IE: I feel like AM shares are too expensive now, but at this time, I just can't bring myself to sell. (And kinda am kicking myself for saying this in public).
-helixone
p.s. - I have no idea what I am talking about.
p.s.s. - I have been trading in and out of AM since 0.69, at this point I am all in.
