ASICMINER: Entering the Future of ASIC Mining by Inventing It

[velacreations]

you still get dividendzzzzzz

I already bought TAT.AM with those...  maybe next Thursday!  I guess I should wait until Sunday to reinvest my divs and get a better price.  No one wants to buy on the weekends.

[canth]

This smells like a bubble, and I hope we get back to consistent, sustainable growth.

That wasn't a bubble. It sprung up suddenly because it was held back for 3 weeks by a huge wall.

Consistent, sustainable growth will be resumed shortly...

before the huge wall, it was certainly forming a bubble.  easing back a bit, and growing slower will be better.  I think the weekend dip+lower dividends next week will take care of that, anyway.

the demand is backing off, and that's a good thing.

You're saying that a 30x increase in value (from IPO prices) over the course of 10 months isn't reasonable?! What madness is this?!?

+1

we will see a horrible correction in the near future.

Not without the dividend shrinking dramatically.

[joele]

AM is one of the pioneer is selling Asic and one of the top miner, they have million of funds, so I believe this will continue and will grow until bitcoin exists.
Maybe in the future they will have stock split.

[velacreations]

Not without the dividend shrinking dramatically.

it will be lower for a few weeks, and that will definitely hurt share price.  The question, ultimately, is by how much.

[helixone]

Not without the dividend shrinking dramatically.

it will be lower for a few weeks, and that will definitely hurt share price.  The question, ultimately, is by how much.

I tend to agree. We might have a week or two or lower divs, since they sold out of Blades, and won't get 3g blades for at least a week or two. People react very short term, and ignore the fact that 3g boards will be better than 2g boards.

I personally set aside some coin to buy into the likely sell off, when divs will likely lower.

-helixone

[aahzmundus]

Not without the dividend shrinking dramatically.

it will be lower for a few weeks, and that will definitely hurt share price.  The question, ultimately, is by how much.

I tend to agree. We might have a week or two or lower divs, since they sold out of Blades, and won't get 3g blades for at least a week or two. People react very short term, and ignore the fact that 3g boards will be better than 2g boards.

I personally set aside some coin to buy into the likely sell off, when divs will likely lower.

-helixone

Set some aside?  Bro you got to get on that!  I have buy orders in on most 2 PT's striped all the way down from 2.75 all the way down to the absurdly low (Come on someone miss click that happens to hold 1k+ shares on a PT!).

Honestly more people need to get buy and sell orders put up to help give the market some stability... I realized I had enough cash sitting around to properly do this, so I did! 

[velacreations]

Set some aside?  Bro you got to get on that!  I have buy orders in on most 2 PT's striped all the way down from 2.75 all the way down to the absurdly low (Come on someone miss click that happens to hold 1k+ shares on a PT!).

I think 2.7 will be the floor for this week, but next weekend, who knows, depends on how things look, but could go lower.  We're definitely going to see a correction, and the weak hands will be panicking.

I wish I had some more coins to put in buy orders at 2.3...

[helixone]

Set some aside?  Bro you got to get on that!  I have buy orders in on most 2 PT's striped all the way down from 2.75 all the way down to the absurdly low (Come on someone miss click that happens to hold 1k+ shares on a PT!).

I think 2.7 will be the floor for this week, but next weekend, who knows, depends on how things look, but could go lower.  We're definitely going to see a correction, and the weak hands will be panicking.

I wish I had some more coins to put in buy orders at 2.3...

Why? That's like saying I wish I had some more coins to put in orders at 0.1 btc. Ain't happening! Correction is possible, but not that low. (especially since the cause of lower divs is well telegraphed.)

[pietpatat]

Set some aside?  Bro you got to get on that!  I have buy orders in on most 2 PT's striped all the way down from 2.75 all the way down to the absurdly low (Come on someone miss click that happens to hold 1k+ shares on a PT!).

I think 2.7 will be the floor for this week, but next weekend, who knows, depends on how things look, but could go lower.  We're definitely going to see a correction, and the weak hands will be panicking.

I wish I had some more coins to put in buy orders at 2.3...

So why dont you sell some shares now and buy at 2.3 if you believe it's going to fall?

[JordanL]

USB miner sales are slowing down.

Are you sure of that, or is that just your analysis? ASICMINER USBs are still the only retail ASIC anyone can order and get delivered right away, friedcat has starting advertising for them, and I know that there are at least a couple more companies gearing up to become ASICMINER resellers.   

[Mausini]

Set some aside?  Bro you got to get on that!  I have buy orders in on most 2 PT's striped all the way down from 2.75 all the way down to the absurdly low (Come on someone miss click that happens to hold 1k+ shares on a PT!).

I think 2.7 will be the floor for this week, but next weekend, who knows, depends on how things look, but could go lower.  We're definitely going to see a correction, and the weak hands will be panicking.

I wish I had some more coins to put in buy orders at 2.3...

go somewhere else with your silly trading discussions

[velacreations]

Why? That's like saying I wish I had some more coins to put in orders at 0.1 btc. Ain't happening! Correction is possible, but not that low. (especially since the cause of lower divs is well telegraphed.)

-Brian

funny, that's what we were all saying last weekend when it dropped to 2.3 overnight!

 

So why dont you sell some shares now and buy at 2.3 if you believe it's going to fall?

too risky, I don't want to sell, I am always holding.  I just see the weak demand + lower dividends = panic this week.

Still, if I had extra coins, I would buy in when it goes to 2.7...

[Mausini]

Why? That's like saying I wish I had some more coins to put in orders at 0.1 btc. Ain't happening! Correction is possible, but not that low. (especially since the cause of lower divs is well telegraphed.)

-Brian

funny, that's what we were all saying last weekend when it dropped to 2.3 overnight!

 

So why dont you sell some shares now and buy at 2.3 if you believe it's going to fall?

too risky, I don't want to sell, I am always holding.  I just see the weak demand + lower dividends = panic this week.

Still, if I had extra coins, I would buy in when it goes to 2.7...

go somewhere else with your silly trading discussions

[velacreations]

USB miner sales are slowing down.

Are you sure of that, or is that just your analysis? ASICMINER USBs are still the only retail ASIC anyone can order and get delivered right away, friedcat has starting advertising for them, and I know that there are at least a couple more companies gearing up to become ASICMINER resellers.  

It is my analysis based on the revenues/sales from the past 2 weeks.

I agree, they are the only ASIC product you can get right now, but the demand seems to be getting a bit weaker at the current price.

I could be wrong, and if anyone wants to correct me with sales stats, I'd much appreciate it.

[velacreations]

go somewhere else with your silly trading discussions

why?  am I not entitled, as a shareholder, to discuss/speculate the share price here like everyone else?

[JordanL]

Also hosts MtGox.

That's quite funny, but as an investor, it would be nice to have some transparency.

It is a catch-22; we want transparency as investors, but any pictures of the actual data center also compromise security.

ASICMINER is already extremely transparent... we can watch all of their income on a minute by minute basis! IMO pictures of the datacenter would be really cool, but irrelevant for investors... and potentially helpful to competitors and/or malicious parties. I agree that a comment from them about physical datacenter security would be great.

That said, a statement such as "don't worry, we're aware of that, everything's ok" would be nice.

Too much of that and you run into BFL territory. I think board members are entitled to more transparency, but smaller shareholders should learn to not know everything - as long as you don't hear them panicking, you're probably ok - Friedcat coming by once a month for brief updates is very acceptable. IMO the crowd working itself into a mess of questions/doubts/requests: that's fine as long as it's within ourselves, but detrimental when directed at ASICminer.

There have been weekly updates on thursday or friday from the time the ASICs first came online until now, but I don't see one this week. Was it mentioned somewhere that updates are going to be monthly now?

Not without the dividend shrinking dramatically.

it will be lower for a few weeks, and that will definitely hurt share price.  The question, ultimately, is by how much.

I don't have many of my shares on the exchanges and don't really watch the share price as closely as many others (I only check 5x/day instead of 50), but I expect that the news that they will have an updated blade available for a lower price in a matter of weeks, combined with the update that generation two ASICs will be ready in the fall, should more than make up for the two to four weeks of potentially lowered dividends due to the temporary suspension of blade sales. At least, to any investors who are buying shares for any reason other than grabbing a few weeks worth of divs.

[JordanL]

USB miner sales are slowing down.

Are you sure of that, or is that just your analysis? ASICMINER USBs are still the only retail ASIC anyone can order and get delivered right away, friedcat has starting advertising for them, and I know that there are at least a couple more companies gearing up to become ASICMINER resellers.  

It is my analysis based on the revenues/sales from the past 2 weeks.

I agree, they are the only ASIC product you can get right now, but the demand seems to be getting a bit weaker at the current price.

I could be wrong, and if anyone wants to correct me with sales stats, I'd much appreciate it.

Thanks. You're probably right.

[CanadianGuy]

What's with the crazy drop of network %?  Right now he has 16% with 22th/s..

[SRoulette]

Lowest hash rate Ive seen from AM in a bit, 'only' 17% atm.

[CanadianGuy]

Lowest hash rate Ive seen from AM in a bit, 'only' 17% atm.

maybe he's unplugging the "newer efficient" blade eruptors so he can start selling them to us,
meanwhile plugging in 2nd gen