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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3510571 times)
furuknap
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May 17, 2013, 06:42:47 PM
 #5141

The maximum share price possible would be approximately 20,999,950 (maximum number of bitcoins that could ever exist anywhere - the unspendable 50 coins generated in the genesis block by Satoshi) / 400,000 (outstanding shares of ASICMINER).

Not considering bitcoin that was or is lost or detroyed, the max it could ever be per share would be 52.499875 BTC.

So we have a ways to go.  Wink

You're forgetting the transaction fees, which are essentially infinite if we just have enough transactions, so thus the maximum price would be (infinite-50)/400K.

I also have a nice, red bridge for sale, if you want that. One owner only, located in San Francisco. 1,000 BTC only, you send first.

.b

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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a transaction fee.
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May 17, 2013, 06:50:42 PM
 #5142

I favor all points of the policy that Friedcat laid out in his latest update. I hope he continues to issue high dividends and if he or the other founders have ideas on other projects they should make those projects separate securities. I do not wish to have the risk associated with new projects correlated with the ASICMiner stocks I own. The founders of ASICMiner are legends and I am sure they will have no problems securing funding for new projects they are interested in.

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May 17, 2013, 07:13:02 PM
 #5143

The maximum share price possible would be approximately 20,999,950 (maximum number of bitcoins that could ever exist anywhere - the unspendable 50 coins generated in the genesis block by Satoshi) / 400,000 (outstanding shares of ASICMINER).

Not considering bitcoin that was or is lost or detroyed, the max it could ever be per share would be 52.499875 BTC.

So we have a ways to go.  Wink

You're forgetting the transaction fees, which are essentially infinite if we just have enough transactions, so thus the maximum price would be (infinite-50)/400K.

I also have a nice, red bridge for sale, if you want that. One owner only, located in San Francisco. 1,000 BTC only, you send first.

.b

The larger issue is that his math assumes that the only value for bitcoin would be to buy ASICMINER shares, which is impossible for a number of reasons, both logistical and economical.

The best answer for ASICMINER's top possible value: "The most anyone is willing to pay for it." Smiley
novusordo
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May 17, 2013, 07:29:25 PM
 #5144

...
Grab what you can afford and watch friedcat's posts religiously.
...

I wrote a bot that scrapes his "Latest Posts" page and sends me an email and text message when he posts anything.

That's the closest thing to religion that I practice.

Time is more valuable than money. You can get more money, but you cannot get more time.
GPG | OTC
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May 17, 2013, 08:02:07 PM
 #5145

...
Grab what you can afford and watch friedcat's posts religiously.
...

I wrote a bot that scrapes his "Latest Posts" page and sends me an email and text message when he posts anything.

That's the closest thing to religion that I practice.

I can suggest the best firefox extension for alarms for changes in webspages. AlertBox.

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May 17, 2013, 08:20:37 PM
 #5146

I've just created a new site which combines all my ASICMINER hashrate charts (almost) full-screen on 1 page  Cool

www.asicminercharts.com

In the next days/weeks I'll improve it by creating a light & dark version, and maybe some thumbs at the top or side to quickly navigate to the desired chart Smiley


Great... i had the problem with some charts in google docs that i only could see the left part... the right part was hidden when the browser was too thin and there was no bar to move it. This website solves this... thanks...

By the way... is the other google docs, from the other user, gone that auto updated the shareprices too? I only see a google login for it.


Nope the google doc is still working at least mine is
https://docs.google.com/spreadsheet/ccc?key=0AkPdXsQFT-vIdHRVUjQ5Ql9BQWR6OENLMkhyUktUblE#gid=12
Not sure what url your using though

That said the company is interesting
Bullish sentiment is high and rightly so
But pondering is it justified == Warren or Apple or just caused by a damn big dividend XD
That said I keep a base position I won't sell easily and then a speculator side ha-ha but am a long runner Smiley
He-he I get to be the bear sometimes hmm those need a nickname too Tongue

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May 17, 2013, 08:43:16 PM
 #5147

I've just created a new site which combines all my ASICMINER hashrate charts (almost) full-screen on 1 page  Cool

www.asicminercharts.com

In the next days/weeks I'll improve it by creating a light & dark version, and maybe some thumbs at the top or side to quickly navigate to the desired chart Smiley


Great... i had the problem with some charts in google docs that i only could see the left part... the right part was hidden when the browser was too thin and there was no bar to move it. This website solves this... thanks...

By the way... is the other google docs, from the other user, gone that auto updated the shareprices too? I only see a google login for it.


Nope the google doc is still working at least mine is
https://docs.google.com/spreadsheet/ccc?key=0AkPdXsQFT-vIdHRVUjQ5Ql9BQWR6OENLMkhyUktUblE#gid=12
Not sure what url your using though

That said the company is interesting
Bullish sentiment is high and rightly so
But pondering is it justified == Warren or Apple or just caused by a damn big dividend XD
That said I keep a base position I won't sell easily and then a speculator side ha-ha but am a long runner Smiley
He-he I get to be the bear sometimes hmm those need a nickname too Tongue

Thats SmiGuels chart... there was another chart of another user who had a chart with all shareprices automatically updated. I cant reach it anymore now.

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May 17, 2013, 10:11:38 PM
 #5148

The maximum share price possible would be approximately 20,999,950 (maximum number of bitcoins that could ever exist anywhere - the unspendable 50 coins generated in the genesis block by Satoshi) / 400,000 (outstanding shares of ASICMINER).

Not considering bitcoin that was or is lost or detroyed, the max it could ever be per share would be 52.499875 BTC.

So we have a ways to go.  Wink

You're forgetting the transaction fees, which are essentially infinite if we just have enough transactions, so thus the maximum price would be (infinite-50)/400K.

I also have a nice, red bridge for sale, if you want that. One owner only, located in San Francisco. 1,000 BTC only, you send first.

.b

The larger issue is that his math assumes that the only value for bitcoin would be to buy ASICMINER shares, which is impossible for a number of reasons, both logistical and economical.

The best answer for ASICMINER's top possible value: "The most anyone is willing to pay for it." Smiley

That and that maximum number of bitcoins is past our length of duration XD
Well unless we become cyborgs and ASIC miner develops cyber life chips
Now I'm just being silly  Tongue

And to Sebastian ah thought it was that one not sure then, sorry about that

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May 17, 2013, 11:25:01 PM
 #5149

Not considering bitcoin that was or is lost or destroyed, the max it could ever be per share would be 52.499875 BTC.

Haha you must be the one who has 1 AM-PT share asking at 52.499875 on BTC-TC website! Smiley

I don't know half of you half as well as I should like; and I like less than half of you half as well as you deserve.
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May 17, 2013, 11:48:21 PM
 #5150

Great... i had the problem with some charts in google docs that i only could see the left part... the right part was hidden when the browser was too thin and there was no bar to move it. This website solves this... thanks...

By the way... is the other google docs, from the other user, gone that auto updated the shareprices too? I only see a google login for it.

I was aware of this problem (by accident because I've worked on 1280, 1680, and 1920 pixels wide monitors this week)
And I see it as a Google Docs bug...
The size of the chart depends on the monitor resolution when you create it..
So the sheet (I think it was this one) was created at a 1920 pixels wide monitor, and everyone who is viewing it in a lower resolution won't see the right and lower part of it :|
I've edited it now (don't ask how I did it Tongue) to be better viewable on lower resolution monitors, but on full HD monitors you now have a lot of white space around it  Undecided

The charts on the site always adjusts to the width of the monitor resolution Smiley
*Currently changing the host, so may be down for a short time

Asicminer Hashrate Charts @ www.asicminercharts.com

Donations BTC: 1SmiGSGWXzD5aZhmw3jyfpBFCgiki45MT
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May 18, 2013, 01:54:13 AM
 #5151

Im going to say it. I have a target of 10BTC for Asicminer before fall. 5BTC within 30 days.
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May 18, 2013, 02:25:02 AM
 #5152


I can suggest the best firefox extension for alarms for changes in webspages. AlertBox.

How do you configure AlertBox? 

Installed and chose one of Friedcat's post, right click on Friedcat and added an alert to the element.

The pages keep adding up in the forum.  AlertBox checks updates on a single page.  Maybe I am missing something here?
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May 18, 2013, 02:37:40 AM
 #5153

Guys let's not get too excited here.

Sometimes companies pay out a one time special dividend that's way above normal.  Microsoft did that once.  The most recent case is Costco and Wynn Resorts (of Las Vegas fame).

There are some companies on Nasdaq or NYSE that pays out 90% of taxable income.  These are the investment trust companies.  These companies pays out 90% of the income to get tax advantages.  Try ticker symbol MPW, HGT.

More about HGT: http://seekingalpha.com/article/608191-hugoton-royalty-trust-how-to-buy-60-cents-for-a-dollar

Full Disclosure: I am not endorsing any companies mentioned.  Using them as example only.
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May 18, 2013, 04:12:56 AM
 #5154

Guys let's not get too excited here.

Sometimes companies pay out a one time special dividend that's way above normal.  Microsoft did that once.  The most recent case is Costco and Wynn Resorts (of Las Vegas fame).

There are some companies on Nasdaq or NYSE that pays out 90% of taxable income.  These are the investment trust companies.  These companies pays out 90% of the income to get tax advantages.  Try ticker symbol MPW, HGT.

More about HGT: http://seekingalpha.com/article/608191-hugoton-royalty-trust-how-to-buy-60-cents-for-a-dollar

Full Disclosure: I am not endorsing any companies mentioned.  Using them as example only.

Yes, my prediction is that if it's AM policy to pay out earnings after only retaining enough for operations, future hardware orders and R&D for next-generation chips (rather than retain earnings for new ventures), that dividends will be relatively high in the near future from a sales bonanza on blades and sticks, then decline as customer demand for hardware declines (they'll either drop the price on blades or be content to sell fewer of them).

AM will not try to smooth out dividends to keep the share price high, and I don't have a problem with it. It will cause more volatility in the share price, though, which makes investing for the short-term riskier.
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May 18, 2013, 04:15:00 AM
 #5155

Guys let's not get too excited here.

Sometimes companies pay out a one time special dividend that's way above normal.  Microsoft did that once.  The most recent case is Costco and Wynn Resorts (of Las Vegas fame).

There are some companies on Nasdaq or NYSE that pays out 90% of taxable income.  These are the investment trust companies.  These companies pays out 90% of the income to get tax advantages.  Try ticker symbol MPW, HGT.

More about HGT: http://seekingalpha.com/article/608191-hugoton-royalty-trust-how-to-buy-60-cents-for-a-dollar

Full Disclosure: I am not endorsing any companies mentioned.  Using them as example only.

Yes, my prediction is that if it's AM policy to pay out earnings after only retaining enough for operations, future hardware orders and R&D for next-generation chips (rather than retain earnings for new ventures), that dividends will be relatively high in the near future from a sales bonanza on blades and sticks, then decline as customer demand for hardware declines (they'll either drop the price on blades or be content to sell fewer of them).

AM will not try to smooth out dividends to keep the share price high, and I don't have a problem with it. It will cause more volatility in the share price, though, which makes investing for the short-term riskier.

True with risk comes rewards but it will scare people in the short-term
That said breaking 0.2

ThickAsThieves
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May 18, 2013, 04:21:15 AM
 #5156

Guys let's not get too excited here.

Sometimes companies pay out a one time special dividend that's way above normal.  Microsoft did that once.  The most recent case is Costco and Wynn Resorts (of Las Vegas fame).

There are some companies on Nasdaq or NYSE that pays out 90% of taxable income.  These are the investment trust companies.  These companies pays out 90% of the income to get tax advantages.  Try ticker symbol MPW, HGT.

More about HGT: http://seekingalpha.com/article/608191-hugoton-royalty-trust-how-to-buy-60-cents-for-a-dollar

Full Disclosure: I am not endorsing any companies mentioned.  Using them as example only.

Yes, my prediction is that if it's AM policy to pay out earnings after only retaining enough for operations, future hardware orders and R&D for next-generation chips (rather than retain earnings for new ventures), that dividends will be relatively high in the near future from a sales bonanza on blades and sticks, then decline as customer demand for hardware declines (they'll either drop the price on blades or be content to sell fewer of them).

AM will not try to smooth out dividends to keep the share price high, and I don't have a problem with it. It will cause more volatility in the share price, though, which makes investing for the short-term riskier.

True with risk comes rewards but it will scare people in the short-term
That said breaking 0.2

I'm selling at best price on Bitfunder and BTCTC for a limited time. Sorry for the cheesy promo, but I know some of you will appreciate it.
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May 18, 2013, 04:37:35 AM
 #5157

Guys let's not get too excited here.

Sometimes companies pay out a one time special dividend that's way above normal.  Microsoft did that once.  The most recent case is Costco and Wynn Resorts (of Las Vegas fame).

There are some companies on Nasdaq or NYSE that pays out 90% of taxable income.  These are the investment trust companies.  These companies pays out 90% of the income to get tax advantages.  Try ticker symbol MPW, HGT.

More about HGT: http://seekingalpha.com/article/608191-hugoton-royalty-trust-how-to-buy-60-cents-for-a-dollar

Full Disclosure: I am not endorsing any companies mentioned.  Using them as example only.

Yes, my prediction is that if it's AM policy to pay out earnings after only retaining enough for operations, future hardware orders and R&D for next-generation chips (rather than retain earnings for new ventures), that dividends will be relatively high in the near future from a sales bonanza on blades and sticks, then decline as customer demand for hardware declines (they'll either drop the price on blades or be content to sell fewer of them).

AM will not try to smooth out dividends to keep the share price high, and I don't have a problem with it. It will cause more volatility in the share price, though, which makes investing for the short-term riskier.

True with risk comes rewards but it will scare people in the short-term
That said breaking 0.2

I'm selling at best price on Bitfunder and BTCTC for a limited time. Sorry for the cheesy promo, but I know some of you will appreciate it.

Gradually getting to 50,000 is a noble goal so cheesy promos are good Smiley

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May 18, 2013, 04:55:53 AM
 #5158

AM is going to pop or not relies on the 2nd gen
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May 18, 2013, 05:14:21 AM
 #5159

Aren't half of the shares kept by friedcat itself?

Yep, got it

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May 18, 2013, 05:35:14 AM
 #5160


I'm selling at best price on Bitfunder and BTCTC for a limited time. Sorry for the cheesy promo, but I know some of you will appreciate it.

Honest question.

What does this mean by best price for a limited time?
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