TECHICENINE
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June 24, 2013, 04:18:13 AM |
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Did anyone catch this part from the updated terms from the USB miner thread found here: https://bitcointalk.org/index.php?topic=217104.0 Customers in the rest of the world If you reach the total volume of 1,000 USB sticks, price is dropped to 0.89 each and we will pay back the price difference of all your historic transaction of USB sticks.
Does this mean that they are going to refund 1.99 BTC-0.89 BTC = 1.1 BTC per unit to anyone who has purchased over 1000 units? Or 1.1BTC *1000 = 1100 BTC to each person who has purchased over 1k units? If so, where does that BTC come from, and how does it affect dividends? Or am I reading this wrong? my opinion is thay are playing it smart to lock in profits at conversion of 100 usd just to be safe..good move imo
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TECHICENINE
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June 24, 2013, 04:19:53 AM |
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Well, crap. Better update my offer for ASICMiner options.
Looking to BUY puts. Up to about 10 more. Strike: 2.2 BTC Expiration: ~90 days Premium: 0.14 BTC
BTCT, please!
what's the link to that page for puts i want some before they go apechit..thanks
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TECHICENINE
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June 24, 2013, 04:24:43 AM |
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does this ASICMINER game have a website ..contact info?..thanks
No, they don't. Or you are on it right now, depending how you want to look at it. This isn't a typical company... If you want to keep up to date, you can read the latest posts by friedcat. If you want to contact the company directly, you contact him. But unless you have something big to offer, you shouldn't bother doing that. You seem to be very new to this, so I'd suggest you do some homework in this thread. What are you interested in, buying shares or buying hardware? no i get bored swimming with the sharks sometimes ..i found their website they PM'd me finally.. i'll report back I'm going to send my friends over there sometime soon maybe we can get a deal for .5 BTC or we will see!..thanks
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empoweoqwj
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June 24, 2013, 04:28:57 AM |
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does this ASICMINER game have a website ..contact info?..thanks
No, they don't. Or you are on it right now, depending how you want to look at it. This isn't a typical company... If you want to keep up to date, you can read the latest posts by friedcat. If you want to contact the company directly, you contact him. But unless you have something big to offer, you shouldn't bother doing that. You seem to be very new to this, so I'd suggest you do some homework in this thread. What are you interested in, buying shares or buying hardware? no i get bored swimming with the sharks sometimes ..i found their website they PM'd me finally.. i'll report back I'm going to send my friends over there sometime soon maybe we can get a deal for .5 BTC or we will see!..thanks ummm.... same as 10 minutes ago, they don't have a website.
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TECHICENINE
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June 24, 2013, 04:32:26 AM |
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does this ASICMINER game have a website ..contact info?..thanks
No, they don't. Or you are on it right now, depending how you want to look at it. This isn't a typical company... If you want to keep up to date, you can read the latest posts by friedcat. If you want to contact the company directly, you contact him. But unless you have something big to offer, you shouldn't bother doing that. You seem to be very new to this, so I'd suggest you do some homework in this thread. What are you interested in, buying shares or buying hardware? no i get bored swimming with the sharks sometimes ..i found their website they PM'd me finally.. i'll report back I'm going to send my friends over there sometime soon maybe we can get a deal for .5 BTC or we will see!..thanks ummm.... same as 10 minutes ago, they don't have a website. yes they do and a physical address i can send someone there in the morning when they open!..thanks
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empoweoqwj
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June 24, 2013, 04:46:48 AM |
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does this ASICMINER game have a website ..contact info?..thanks
No, they don't. Or you are on it right now, depending how you want to look at it. This isn't a typical company... If you want to keep up to date, you can read the latest posts by friedcat. If you want to contact the company directly, you contact him. But unless you have something big to offer, you shouldn't bother doing that. You seem to be very new to this, so I'd suggest you do some homework in this thread. What are you interested in, buying shares or buying hardware? no i get bored swimming with the sharks sometimes ..i found their website they PM'd me finally.. i'll report back I'm going to send my friends over there sometime soon maybe we can get a deal for .5 BTC or we will see!..thanks ummm.... same as 10 minutes ago, they don't have a website. yes they do and a physical address i can send someone there in the morning when they open!..thanks be a good fellow and share the website address. We've looked everywhere and can't find it, must be under a rock somewhere near you
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physalis
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June 24, 2013, 04:49:02 AM |
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does this ASICMINER game have a website ..contact info?..thanks
No, they don't. Or you are on it right now, depending how you want to look at it. This isn't a typical company... If you want to keep up to date, you can read the latest posts by friedcat. If you want to contact the company directly, you contact him. But unless you have something big to offer, you shouldn't bother doing that. You seem to be very new to this, so I'd suggest you do some homework in this thread. What are you interested in, buying shares or buying hardware? no i get bored swimming with the sharks sometimes ..i found their website they PM'd me finally.. i'll report back I'm going to send my friends over there sometime soon maybe we can get a deal for .5 BTC or we will see!..thanks ummm.... same as 10 minutes ago, they don't have a website. yes they do and a physical address i can send someone there in the morning when they open!..thanks Ok bro, sure. And that website would be at what URL? And that physical location is where exactly?
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jmutch
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June 24, 2013, 04:50:45 AM |
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does this ASICMINER game have a website ..contact info?..thanks
No, they don't. Or you are on it right now, depending how you want to look at it. This isn't a typical company... If you want to keep up to date, you can read the latest posts by friedcat. If you want to contact the company directly, you contact him. But unless you have something big to offer, you shouldn't bother doing that. You seem to be very new to this, so I'd suggest you do some homework in this thread. What are you interested in, buying shares or buying hardware? no i get bored swimming with the sharks sometimes ..i found their website they PM'd me finally.. i'll report back I'm going to send my friends over there sometime soon maybe we can get a deal for .5 BTC or we will see!..thanks ummm.... same as 10 minutes ago, they don't have a website. yes they do and a physical address i can send someone there in the morning when they open!..thanks be a good fellow and share the website address. We've looked everywhere and can't find it, must be under a rock somewhere near you Reading these posts feels like smacking my head against a wall....can we change the subject?
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freedomno1
Legendary
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Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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June 24, 2013, 04:59:50 AM |
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Agrees try's to change the subject Glad to see the USB miners are coming out at a new price of 0.99 wonder what the next week will bring? Please remember to send investor questions to the usual people TAT and the rest Such as what friedcat should answer next For Speculation https://bitcointalk.org/index.php?topic=235763.480For general questions there should be an ASICMINER General FAQ Thread if someone wants to make one
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Believing in Bitcoins and it's ability to change the world
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velacreations
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June 24, 2013, 05:01:53 AM |
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Reading these posts feels like smacking my head against a wall....can we change the subject?
yes, sure thing.
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velacreations
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June 24, 2013, 05:03:06 AM |
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For general questions there should be an ASICMINER General FAQ Thread if someone wants to make one
I'm working on it. If anyone has info to contribute, please PM me.
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TECHICENINE
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June 24, 2013, 05:03:30 AM |
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does this ASICMINER game have a website ..contact info?..thanks
No, they don't. Or you are on it right now, depending how you want to look at it. This isn't a typical company... If you want to keep up to date, you can read the latest posts by friedcat. If you want to contact the company directly, you contact him. But unless you have something big to offer, you shouldn't bother doing that. You seem to be very new to this, so I'd suggest you do some homework in this thread. What are you interested in, buying shares or buying hardware? no i get bored swimming with the sharks sometimes ..i found their website they PM'd me finally.. i'll report back I'm going to send my friends over there sometime soon maybe we can get a deal for .5 BTC or we will see!..thanks ummm.... same as 10 minutes ago, they don't have a website. yes they do and a physical address i can send someone there in the morning when they open!..thanks be a good fellow and share the website address. We've looked everywhere and can't find it, must be under a rock somewhere near you how many do you want to buy, it actually looks legit i dunno about these bond game things tho..thanks
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TECHICENINE
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Activity: 28
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June 24, 2013, 05:06:18 AM |
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Agrees try's to change the subject Glad to see the USB miners are coming out at a new price of 0.99 wonder what the next week will bring? Please remember to send investor questions to the usual people TAT and the rest Such as what friedcat should answer next For Speculation https://bitcointalk.org/index.php?topic=235763.480For general questions there should be an ASICMINER General FAQ Thread if someone wants to make one also i'm covering Stateside DD and reports coming from my camp ihub side if the movie..thanks
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velacreations
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June 24, 2013, 05:08:03 AM |
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how many do you want to buy, it actually looks legit i dunno about these bond game things tho..thanks
dude, quit trolling over here, go back to the speculation thread.
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empoweoqwj
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June 24, 2013, 05:13:24 AM |
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does this ASICMINER game have a website ..contact info?..thanks
No, they don't. Or you are on it right now, depending how you want to look at it. This isn't a typical company... If you want to keep up to date, you can read the latest posts by friedcat. If you want to contact the company directly, you contact him. But unless you have something big to offer, you shouldn't bother doing that. You seem to be very new to this, so I'd suggest you do some homework in this thread. What are you interested in, buying shares or buying hardware? no i get bored swimming with the sharks sometimes ..i found their website they PM'd me finally.. i'll report back I'm going to send my friends over there sometime soon maybe we can get a deal for .5 BTC or we will see!..thanks ummm.... same as 10 minutes ago, they don't have a website. yes they do and a physical address i can send someone there in the morning when they open!..thanks be a good fellow and share the website address. We've looked everywhere and can't find it, must be under a rock somewhere near you how many do you want to buy, it actually looks legit i dunno about these bond game things tho..thanks buy what? I don't even buy hobbit sandwiches from trolls, tasty as they are
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stslimited
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June 24, 2013, 05:54:26 AM |
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so BASIC-MINING is priced to give out a 6% APR. basically steady dividends and the share price rises to reflect that. every time the dividends there rise, the share price rises to keep the APR at the same %
ASICMiner has a muuuuuch higher APR yet a muchhh lower share price in comparison. IE. if ASICMiner was priced like BASIC-MINING (for a 6% APR) then its share price would have to be much much higher...
why is ASICMiner shareprice so low in comparison? Its mining business is more flexible than BASIC-Mining's and the hardware sales are also a better bet since they are both "selling shovels and mining" simultaneously, something not very possible in previous gold rushes.
I understand this can be a factor of the offering structure, different # of shares outstanding, different % held privately, etc. but can someone shed some light onto this, in a 1:1 comparison? thanks!
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TECHICENINE
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June 24, 2013, 06:06:22 AM |
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insider price fixing coupled with lack of transparency ..hmmm
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stslimited
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June 24, 2013, 06:11:52 AM |
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insider price fixing coupled with lack of transparency ..hmmm
well, large shareholders frequently conduct off-exchange large sales in auctions. this keeps the share price depressed for some time while these shares get filled and those new shareholders try to take advantage of arbitrage opportunities on the exchanges. it basically takes a while for the market to digest it before AM can continue its upward trajectory.
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TECHICENINE
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June 24, 2013, 06:15:20 AM |
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insider price fixing coupled with lack of transparency ..hmmm
well, large shareholders frequently conduct off-exchange large sales in auctions. this keeps the share price depressed for some time while these shares get filled and those new shareholders try to take advantage of arbitrage opportunities on the exchanges. it basically takes a while for the market to digest it before AM can continue its upward trajectory. promo shares getting dumped at any price i see your point..thanks for the heads up
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Vycid
Sr. Member
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♫ the AM bear who cares ♫
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June 24, 2013, 06:15:57 AM |
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so BASIC-MINING is priced to give out a 6% APR. basically steady dividends and the share price rises to reflect that. every time the dividends there rise, the share price rises to keep the APR at the same %
ASICMiner has a muuuuuch higher APR yet a muchhh lower share price in comparison. IE. if ASICMiner was priced like BASIC-MINING (for a 6% APR) then its share price would have to be much much higher...
why is ASICMiner shareprice so low in comparison? Its mining business is more flexible than BASIC-Mining's and the hardware sales are also a better bet since they are both "selling shovels and mining" simultaneously, something not very possible in previous gold rushes.
I understand this can be a factor of the offering structure, different # of shares outstanding, different % held privately, etc. but can someone shed some light onto this, in a 1:1 comparison? thanks!
BASIC-MINING is hilariously overpriced by people who expected the "ASICMiner effect" to repeat itself (and it did, based on the share price). End of story. Even if BASIC-MINING maintains its current proportion of the total hashrate forever, it will NEVER mine enough BTC to cover the share price. Do not compare the valuation of BASIC-MINING to ASICMiner. BASIC-MINING is valued based on ASICMiner's seemingly unlimited success, so extending that logic to ASICMiner results in the conclusion "since ASICMiner is going up, it is undervalued". Derp derp derp.
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