philipma1957
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'The right to privacy matters'
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June 05, 2013, 11:47:22 AM |
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BFL must be doing some black magic or something, how on earth people still give them so much credit? Just because they shipped few jallapenos doesnt mean they have them all coming in steady pace now. They might just be trying to push some out to cash on their chips sales
LIKE I said you may be right. But you should monitor the shipping blog just in case. https://forums.butterflylabs.com/blogs/And look at the jalapenos shipped and delivered http://bfl.ptz.ro/ this trend would really hurt AM . |
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ThickAsThieves
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June 05, 2013, 11:51:14 AM |
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Then they need to drop the price and get ahead of the curve. Just remember they had to lower the stick sale from 300 to 50 to sell them. Selling hardware and mining with hardware is how this company grew. Well the hardware was being produced sold and used better then anyone else in the game. We all laughed at BFL can't even make a jally work not shipping ha ha ha.
Why on earth would they do that? Continue selling Blades at 50 BTC and USB sticks at 2 BTC as long as the market wants to pay that. When competitors undercut those prices for immediate delivery, then should the prices be lowered. That is a subtlety I disagree with. In order for AM to always be the leader, they actually need to always lower prices at least a couple weeks BEFORE their competitors sell a competitive offering. |
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stripykitteh
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June 05, 2013, 11:53:45 AM |
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I am done sold all my shares. Thanks for a fun 3 months and 30 coins of profit. Good luck selling sticks at 2 coins a piece.
BFL has now shipped more then 100 jallys . More shipping today.
hmm 2 coins = 333MH hash vs 2.5 coins = 5GH hash read the hand writing. Take your profits and go on vacation from the btc world. In two weeks the word will be out that bfl has shipped 500 to 1000 working jallys. current price of 2.5 BTC will get you 5Gh of hash.
Are you talking about the same BFL? I am cranking all my hypothetically delivered BFL mining rigs but they are not producing any coins! I note the OP cancelled his Singles orders; I wonder why? |
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bitfair
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June 05, 2013, 11:54:02 AM |
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At 3 o'clock UTC, 5863.26810147 BTC were moved from the ASICMINER mining address (but still unconfirmed): https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24iThis will probably be the portion of the dividend from mining paid out this week, approx. 0.14658 per share. On top of that will be hardware sales, and operational costs might be subtracted. My guess is altogether 0.025 per share again. Almost 1500 BTC still remains at the mining address [non-mature outputs, etc.]. |
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runeks
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June 05, 2013, 11:59:07 AM
Last edit: June 05, 2013, 12:18:43 PM by runeks |
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Then they need to drop the price and get ahead of the curve. Just remember they had to lower the stick sale from 300 to 50 to sell them. Selling hardware and mining with hardware is how this company grew. Well the hardware was being produced sold and used better then anyone else in the game. We all laughed at BFL can't even make a jally work not shipping ha ha ha.
Why on earth would they do that? Continue selling Blades at 50 BTC and USB sticks at 2 BTC as long as the market wants to pay that. When competitors undercut those prices for immediate delivery, then should the prices be lowered. That is a subtlety I disagree with. In order for AM to always be the leader, they actually need to always lower prices at least a couple weeks BEFORE their competitors sell a competitive offering. I think that with the trust that the community has for ASICMiner, and friedcat in general, it will be sufficient if they were to lower prices at the same time. I mean, a couple of weeks before could be right now. I don't think it's sensible to reduce prices now if people are paying 50 BTC per Blade. Wait until demand has dried out at that price and adjust prices quickly and aggressively. The problem is that it's really hard to predict, two weeks in advance, when a competitor is able to ship a certain product with immediate delivery. |
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philipma1957
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'The right to privacy matters'
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June 05, 2013, 12:16:26 PM |
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Then they need to drop the price and get ahead of the curve. Just remember they had to lower the stick sale from 300 to 50 to sell them. Selling hardware and mining with hardware is how this company grew. Well the hardware was being produced sold and used better then anyone else in the game. We all laughed at BFL can't even make a jally work not shipping ha ha ha.
Why on earth would they do that? Continue selling Blades at 50 BTC and USB sticks at 2 BTC as long as the market wants to pay that. When competitors undercut those prices for immediate delivery, then should the prices be lowered. That is a subtlety I disagree with. In order for AM to always be the leader, they actually need to always lower prices at least a couple weeks BEFORE their competitors sell a competitive offering. I think that with the trust that the community has for ASICMiner, and friedcat in general, it will be sufficient if they were to lower prices at the same time. I mean, a couple of weeks before could be right now. I don't think it's sensible to reduce prices now if people are paying 50 BTC per Blade. Wait until demand has dried out at that price and adjust prices quickly and aggressively. The problem is that it's really hard to predict, two weeks in advance, when a competitor is able to ship a certain product with immediate delivery. look I agree with a lot of what you said. AM has been godlike amazing. I made more then 30 coins in 2 months with 12 or so coins invested. I am small potatoes but it does not mean I don't know what I am saying. On may 19th 2 confirmed jallys on this list http://bfl.ptz.ro/ this morning 102 jallys on the same list. that is not a few that is a problem. _______________________________________________________________________________ ___ think of it like this bfl has a usb stick hashes at 334Mh sells for .15625btc they shipped 1600 since may 19th. why buy an AM stick? for 2 btc. _______________________________________________________________________________ _____ I think that the math is correct in the above example. 1 jally = 16 AM sticks of hash 1 jally = 2.5 coins divide by 16 = .15625 btc MY advice is look at this link every day http://bfl.ptz.ro/ the info is important if you own AM stock |
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runeks
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June 05, 2013, 12:19:24 PM |
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Then they need to drop the price and get ahead of the curve. Just remember they had to lower the stick sale from 300 to 50 to sell them. Selling hardware and mining with hardware is how this company grew. Well the hardware was being produced sold and used better then anyone else in the game. We all laughed at BFL can't even make a jally work not shipping ha ha ha.
Why on earth would they do that? Continue selling Blades at 50 BTC and USB sticks at 2 BTC as long as the market wants to pay that. When competitors undercut those prices for immediate delivery, then should the prices be lowered. That is a subtlety I disagree with. In order for AM to always be the leader, they actually need to always lower prices at least a couple weeks BEFORE their competitors sell a competitive offering. I think that with the trust that the community has for ASICMiner, and friedcat in general, it will be sufficient if they were to lower prices at the same time. I mean, a couple of weeks before could be right now. I don't think it's sensible to reduce prices now if people are paying 50 BTC per Blade. Wait until demand has dried out at that price and adjust prices quickly and aggressively. The problem is that it's really hard to predict, two weeks in advance, when a competitor is able to ship a certain product with immediate delivery. look I agree with a lot of what you said. AM has been godlike amazing. I made more then 30 coins in 2 months with 12 or so coins invested. I am small potatoes but it does not mean I don't know what I am saying. On may 19th 2 confirmed jallys on this list http://bfl.ptz.ro/ this morning 102 jallys on the same list. that is not a few that is a problem. think of it like this bfl has a usb stick hashes at 334Mh sells for .125btc they shipped 1600 since may 19th. why buy an AM stick? for 2 btc. MY advice is look at this link every day http://bfl.ptz.ro/ the info is important if you own AM stock I should probably clarify that I'm not against ASICMiner lowering their hardware prices before competitors are viable alternatives. What I'm saying is that we should listen to the market demand for ASICMiner hardware. If the market expects a competitor to be able to immediately deliver mining hardware in two weeks at a price lower than ASICMiner's, the demand for ASICMiner hardware at current prices will drop to zero. That we should listen to, and adjust prices accordingly. But it's not necessary to try to predict the ability of competitors to deliver products; it's sufficient to gauge whether or not we think we would make more money by lowering prices at current market conditions, and if we think that's the case, we should do it. |
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stripykitteh
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June 05, 2013, 12:19:45 PM |
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I wonder how many more Jalapenos BFL can ship before their early minirig orders get huffy and sue?  |
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GIANNAT
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Bitcoin entrepreneur and Pro Trader
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June 05, 2013, 12:19:57 PM |
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Sometimes I got up and I think it would be nice to dump like 250 shares on btct just to see the reaction, I will do it on of these days.
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ThickAsThieves
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June 05, 2013, 12:21:13 PM |
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Sometimes I got up and I think it would be nice to dump like 250 shares on btct just to see the reaction, I will do it on of these days.
Give me a head's up, so I can post bids. |
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Jutarul
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June 05, 2013, 12:23:01 PM |
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OK, I'm generally a patient guy, but any word from friedcat? Can any board members throw some crumbs to us plebs? Thx.
The board had a meeting yesterday. friedcat is doing well and is very busy with growing the company. I understand some of you guys want more information, but releasing information has to fit with the strategy of the company, which means that sometimes things are progressing in a secretive manner. Of course this doesn't help with investment decisions. I recommend that the PT operators or willing board members should compile questions from smaller investors and feed them to friedcat in a structured manner. Maybe the replies could be organized as a FAQ. He simply doesn't have time to dig through the forum and answer questions here. |
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philipma1957
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'The right to privacy matters'
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June 05, 2013, 12:26:58 PM |
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I wonder how many more Jalapenos BFL can ship before their early minirig orders get huffy and sue? This is a good question, but BFL did do a pre-emptive waiver a month ago it may delay or prevent those lawsuits from rig , little single or single buyers. I had orders of jallys and little singles. I agreed to the waiver and cancelled my little single orders kept the jally orders then I used that money to buy into AM. |
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bobboooiie
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June 05, 2013, 12:27:50 PM |
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Sometimes I got up and I think it would be nice to dump like 250 shares on btct just to see the reaction, I will do it on of these days.
There were bigger orders with half of the liquidity that there is now and it barelly moved the price. |
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ning
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June 05, 2013, 12:29:27 PM |
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Sometimes I got up and I think it would be nice to dump like 250 shares on btct just to see the reaction, I will do it on of these days.
Doing this can push the price down to 2.0 BTC per share as of now (Wed Jun 5 12:27:59 UTC 2013). No one knows how the market would react. |
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stripykitteh
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June 05, 2013, 12:31:13 PM |
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I wonder how many more Jalapenos BFL can ship before their early minirig orders get huffy and sue? This is a good question, but BFL did do a pre-emptive waiver a month ago it may delay or prevent those lawsuits from rig , little single or single buyers. I had orders of jallys and little singles. I agreed to the waiver and cancelled my little single orders then I used that money to buy into AM. Pre-emptive waivers, the cornerstone of any successful company. I wonder what that might say about their ability to ship? |
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MikkisJ
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June 05, 2013, 12:44:54 PM |
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I don't think it's sensible to reduce prices now if people are paying 50 BTC per Blade. Wait until demand has dried out at that price and adjust prices quickly and aggressively.
You assume that lowering the price will result in the same amount of sales. In reality lowering price usually increases sales as demand and supply match again after changes. Selling 200 blades at 30BTC is more than 100 blades at 50BTC. Another point here is better ROI for buyers, as they are more likely to buy more hardware in the future if they manage to make some BTC. At current prices it's very likely some buyers may not get back their investment which will be disappointing for them and will kill the desire to buy more hardware in the future. Lowering price in steps dynamically can increase total revenues as opposed to waiting for demand to "dry out". In case of waiting for it to dry out total revenues may plunge to a point where only a handful of blades are sold per week. Taking into account that producing hardware costs very little, lowering price dynamically in steps according to competition and price trends results in better total revenues. I'm not saying when and what should be done, I believe they at AM know what to do, this is just a comment for thread readers who speculate AM strategies. |
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101111
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June 05, 2013, 12:47:19 PM |
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PhillipMa: I'm sure you understand the difference between purchasing a company's products (BFL) and investing in the shares of a company (Asicminer).
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MikkisJ
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June 05, 2013, 12:52:24 PM |
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Sometimes I got up and I think it would be nice to dump like 250 shares on btct just to see the reaction, I will do it on of these days.
Doing this can push the price down to 2.0 BTC per share as of now (Wed Jun 5 12:27:59 UTC 2013). No one knows how the market would react. Nothing will happen to the price. There were 500 share walls many times on Pass Throughs that were eaten off rather quickly. In addition thousands of direct and PT shares moved privately during last few weeks. |
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Franktank
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June 05, 2013, 01:12:21 PM |
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The board had a meeting yesterday. friedcat is doing well and is very busy with growing the company.
I understand some of you guys want more information, but releasing information has to fit with the strategy of the company, which means that sometimes things are progressing in a secretive manner. Of course this doesn't help with investment decisions.
I recommend that the PT operators or willing board members should compile questions from smaller investors and feed them to friedcat in a structured manner. Maybe the replies could be organized as a FAQ. He simply doesn't have time to dig through the forum and answer questions here.
I would be willing to take on this task, perhaps even do this on a monthly basis. Please PM me with questions you would like friedcat to address, with the subject line " ASICMiner FAQ". I will compile them and send it to him. As previously mentioned, friedcat may not answer the question if he deems that it may divulge Bitfountain's strategy/plan to competitors. |
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ThickAsThieves
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June 05, 2013, 01:17:07 PM |
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The board had a meeting yesterday. friedcat is doing well and is very busy with growing the company.
I understand some of you guys want more information, but releasing information has to fit with the strategy of the company, which means that sometimes things are progressing in a secretive manner. Of course this doesn't help with investment decisions.
I recommend that the PT operators or willing board members should compile questions from smaller investors and feed them to friedcat in a structured manner. Maybe the replies could be organized as a FAQ. He simply doesn't have time to dig through the forum and answer questions here.
I would be willing to take on this task, perhaps even do this on a monthly basis. Please PM me with questions you would like friedcat to address, with the subject line " ASICMiner FAQ". I will compile them and send it to him. As previously mentioned, friedcat may not answer the question if he deems that it may divulge Bitfountain's strategy/plan to competitors. Franktank, if you are up for it, I would like to help moderate the list of what is actually submitted to Friedcat as questions. I just think it'll take 2 or 3 people with their heads on straight to edit this and make sure it's digestible. |
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