ASICMINER: Entering the Future of ASIC Mining by Inventing It

[Lohoris]

The price of the Asicminer shares will go to 10 in one year 

Why should it?
An APR of 30% is already low, would you accept 12%?

[DiabloD3]

The price of the Asicminer shares will go to 10 in one year 

Probably before October of this year.

[madmax_ger]

The price of the Asicminer shares will go to 10 in one year 

Probably before October of this year.

why should this happen?
Hardware sales in first place or is it likely that AM will accomplish it's goals in mining performance?

[DiabloD3]

The price of the Asicminer shares will go to 10 in one year 

Probably before October of this year.

why should this happen?
Hardware sales in first place or is it likely that AM will accomplish it's goals in mining performance?

Greed.

[Lohoris]

Greed.

While there's no limit to human stupidity, there's a limit at the funds that stupids do manage.
Stupids will run out of money much sooner than that, I think.

[freedomno1]

Greed.

While there's no limit to human stupidity, there's a limit at the funds that stupids do manage.
Stupids will run out of money much sooner than that, I think.

True enough limited funds will bring about limits to greed
Could go into a whole MPOE topic on that ^_^

[madmax_ger]

The price of the Asicminer shares will go to 10 in one year  

Probably before October of this year.

why should this happen?
Hardware sales in first place or is it likely that AM will accomplish it's goals in mining performance?

Greed.

Well, I hope there is a bit more to come than (even more) greed.
I wanna see the 0.1 dividends

Take it to the max, FC

[David Chen]

The price of the Asicminer shares will go to 10 in one year 

Why should it?
An APR of 30% is already low, would you accept 12%?

Actually, an APR of 30% is great!

In the next few years, there is little opportunity to earn bitcoin by bitcoin .

also, the bitcoin world is a deflation world, the interest rate will grow smaller and smaller, so 30% is really really big!

you will understand in the future,so just hold your shares.

[penta]

whats up with the lack of updates lately from friedcat directly?
im abit uncomfortable with getting news through middlemen like TAT/chinese  forums etc, especially with the amounts of insider trading that opens the door to.

[Jutarul]

whats up with the lack of updates lately from friedcat directly?
im abit uncomfortable with getting news through middlemen like TAT/chinese  forums etc, especially with the amounts of insider trading that opens the door to.

A reduction of direct communication from the founder is usually part of the natural growth of a company, since the CEO surrounds himself with people who take charge of responsibilities. It looks like TAT volunteered to do take care of PR to a degree and shareholder communication. To my knowledge this happened in a rather unofficial manner, so maybe that should be clarified.

I am also not surprised to hear that some of the information hits the chinese forums first, before it gets translated and transmitted to other places - after all, it's a chinese venture. You have to learn mandarin I am afraid if you want a shortcut and to be on top of things.

[lucasjkr]

The price of the Asicminer shares will go to 10 in one year 

Why should it?
An APR of 30% is already low, would you accept 12%?

Only in bitcoin land would a 30% yield be considered low. And sure, for a miner you need to make your money back rapidly before more miners appear, but AM has shown themselves to be a fairly reliable company so far, with a longer term perspective. In the ordinary investment world 30% is unheard of. Literally, unheard of. That that sort of payout is available from AM shows the amount of risk that is still present in the Bitcoin world, and more importantly, shows how thinly traded it even its most heavily traded issue actually is.

Due to the finite nature of bitcoin rewards (lets not mention transaction fees), there is certainly a cap on AM's value, but I think it could justifiably be a bit higher than 4 BTC /sh if they're able to regain their previous posture with the rollout of their 2nd gen chips.

[Aedius]

The price of the Asicminer shares will go to 10 in one year 

Why should it?
An APR of 30% is already low, would you accept 12%?

Only in bitcoin land would a 30% yield be considered low. And sure, for a miner you need to make your money back rapidly before more miners appear, but AM has shown themselves to be a fairly reliable company so far, with a longer term perspective. In the ordinary investment world 30% is unheard of. Literally, unheard of. That that sort of payout is available from AM shows the amount of risk that is still present in the Bitcoin world, and more importantly, shows how thinly traded it even its most heavily traded issue actually is.

Due to the finite nature of bitcoin rewards (lets not mention transaction fees), there is certainly a cap on AM's value, but I think it could justifiably be a bit higher than 4 BTC /sh if they're able to regain their previous posture with the rollout of their 2nd gen chips.

This... LOL @ people thinking 30% APR is "low" Try taking look at the highest yielding dividend stocks and maybe you'll see the value proposition currently offered by holding ASICMINER shares.

[kjj]

Only in bitcoin land would a 30% yield be considered low.

At a flat 30% yield, not compounded, it will take 172 weeks to break even.

How confident are you that they will be around in 3+ years?  How confident are you that they can maintain that yield?

[ThickAsThieves]

Only in bitcoin land would a 30% yield be considered low.

At a flat 30% yield, not compounded, it will take 172 weeks to break even.

How confident are you that they will be around in 3+ years?  How confident are you that they can maintain that yield?

You have to factor in the purchase AND sale price.

[tinus42]

Only in bitcoin land would a 30% yield be considered low.

At a flat 30% yield, not compounded, it will take 172 weeks to break even.

How confident are you that they will be around in 3+ years?  How confident are you that they can maintain that yield?

If you bought at the current price. My shares were bought at around BTC2.5. Some payed even less for them (and likely already made good on their original investment).

[lucasjkr]

Only in bitcoin land would a 30% yield be considered low.

At a flat 30% yield, not compounded, it will take 172 weeks to break even.

How confident are you that they will be around in 3+ years?  How confident are you that they can maintain that yield?

That's a good question.

I think their next gen chips will give us the answer we're looking for. If they're able to keep up with what's coming online (BFL, Avalon and those that are deploying based on their chips) as well as the dark horses in the running (KNCMiner), so then they'll remain a going concern. If they can't, either their chips aren't efficient enough or the others just dump so much power on the network that they can't regain their position, then obviously, that's a problem. Which makes the current price level seem accurate. They can't be priced as if they're out of the running because they're not. And they can't be priced as if they've pinned down their future, because they haven't.

[bitzox]

You have to factor in the purchase AND sale price.

It seems like every page of this topic has someone forgetting this

[Elokane]

No one offers better than 30% APR and certainly not with that consistency.
However at 10-20% there are bonds and many mining operations that are relatively safe. So I agree on the part that it would not go below 20% APR.

What are those bonds in the 10-20% range?

[kjj]

Only in bitcoin land would a 30% yield be considered low.

At a flat 30% yield, not compounded, it will take 172 weeks to break even.

How confident are you that they will be around in 3+ years?  How confident are you that they can maintain that yield?

You have to factor in the purchase AND sale price.

Only if you aren't the one holding it when it all goes to shit.  Bitcoin securities are always a game of hot potato.  None of them have a 3 year track record yet.

[Lohoris]

No one offers better than 30% APR and certainly not with that consistency.
However at 10-20% there are bonds and many mining operations that are relatively safe. So I agree on the part that it would not go below 20% APR.

What are those bonds in the 10-20% range?

Conlenders has 26.05 APR IIRC, for instance.
just-dice has a very high yield too, but with quite a high variance though.

Obviously 30% APR can be considered low only in bitcoin land, but... we are in bitcoin land.
And yes, "low" in this context obviously means that it is a risky asset, as kjj pointed out. I meant the same thing, but apparently people didn't understand me. Happens.