freedomno1
Legendary
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Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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August 08, 2013, 03:24:33 AM |
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With all these mining companies coming up, petahashes (PH/s) is now the "norm". Friedcat now has the go ahead to start prepping the exahashes (EH/s), without worry of the upcoming total network hashrate. With all these mining companies I agree one of them is bound to deliver Exahashes as if processing more data than the worlds supercomputers was not enough http://qz.com/84056/the-bitcoin-network-is-now-more-powerful-than-the-top-500-supercomputers-combined/
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Believing in Bitcoins and it's ability to change the world
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VolanicEruptor
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August 08, 2013, 04:15:12 AM |
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Yes, one of them will be a winner, so just dump $10k into each IPO and let er' buck! Sadly, this results in a scammers paradise. It's a win-lose situation This is why I'd rather get into the early ones rather than the later ones.. and maybe this is why I chose Activemining as the main part of my portfolio.. I'm still invested in ASICminer though, but we're depending on maintenance of network % rather than growth of network % *yawn*
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Vycid
Sr. Member
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Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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August 08, 2013, 04:51:09 AM |
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cp1
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August 08, 2013, 05:04:59 AM |
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VolanicEruptor
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August 08, 2013, 05:06:18 AM |
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competition news is important to investors
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freedomno1
Legendary
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Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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August 08, 2013, 05:10:48 AM |
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Yes, one of them will be a winner, so just dump $10k into each IPO and let er' buck! Sadly, this results in a scammers paradise. It's a win-lose situation This is why I'd rather get into the early ones rather than the later ones.. and maybe this is why I chose Activemining as the main part of my portfolio.. I'm still invested in ASICminer though, but we're depending on maintenance of network % rather than growth of network % *yawn* Win lose situations make it complex one delivers the rest don't is not exactly a good case. But what matters I guess will be who can get what and how fast can they do, its starting to look like a arms hashing race Anyways since it is competitor news Labcoin seems to be having some devs coming online soon to talk and answer some questions UPDATE:
After just talking to Sam Noi I can now reveal that the Project founder Fabrizio Tatti and one of the chip developers will be available on the forum shortly (later tonight or possibly in the morning) to answer questions reg. Design, status, Gen 1 chips etc.
This should give investors plenty of opportunity to ask questions and also stay up to date with the development.
I say soon since nearly 12 hours have passed XD
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Believing in Bitcoins and it's ability to change the world
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superduh
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August 08, 2013, 07:49:40 AM |
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man, if i had more $$$$$$ i'd be buying up AM
3.6btc! wow
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ok
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JordanL
Donator
Sr. Member
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Activity: 294
Merit: 250
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August 08, 2013, 07:49:44 AM |
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Did i miss a reason why AM-Shares are priced so low at the moment? The divs are high as always so i dont see why...
I think the primary reason people have been discussing, that investors are cashing out of ASICMINER to invest in new startups (unwisely IMHO), is likely one of the primary causes of the low share price. Others likely include the lower dividends recently, the lack of information about new hardware despite expectations of such, and a lack of updates from friedcat. Remember, until fairly recently friedcat was providing weekly updates every thursday like clockwork, and that has stopped without explanation. The fact that news about new ASICMINER hardware is imminent, competition is unlikely to seriously compete any time soon, and that friedcat is working just as hard as every in spite of the lack of official updates leads me to believe that it is in fact an fantastic time to purcahse ASICMINER shares.
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freedomno1
Legendary
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Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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August 08, 2013, 08:16:53 AM |
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Did i miss a reason why AM-Shares are priced so low at the moment? The divs are high as always so i dont see why...
I think the primary reason people have been discussing, that investors are cashing out of ASICMINER to invest in new startups (unwisely IMHO), is likely one of the primary causes of the low share price. Others likely include the lower dividends recently, the lack of information about new hardware despite expectations of such, and a lack of updates from friedcat. Remember, until fairly recently friedcat was providing weekly updates every thursday like clockwork, and that has stopped without explanation. The fact that news about new ASICMINER hardware is imminent, competition is unlikely to seriously compete any time soon, and that friedcat is working just as hard as every in spite of the lack of official updates leads me to believe that it is in fact an fantastic time to purcahse ASICMINER shares. I must agree watching it at 3.6 even I think that's a steal
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Believing in Bitcoins and it's ability to change the world
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Mausini
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August 08, 2013, 08:19:20 AM |
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Did i miss a reason why AM-Shares are priced so low at the moment? The divs are high as always so i dont see why...
I think the primary reason people have been discussing, that investors are cashing out of ASICMINER to invest in new startups (unwisely IMHO), is likely one of the primary causes of the low share price. Others likely include the lower dividends recently, the lack of information about new hardware despite expectations of such, and a lack of updates from friedcat. Remember, until fairly recently friedcat was providing weekly updates every thursday like clockwork, and that has stopped without explanation. The fact that news about new ASICMINER hardware is imminent, competition is unlikely to seriously compete any time soon, and that friedcat is working just as hard as every in spite of the lack of official updates leads me to believe that it is in fact an fantastic time to purcahse ASICMINER shares. I must agree watching it at 3.6 even I think that's a steal People have to be crazy to sell at those prices...
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David Chen
Member
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Activity: 91
Merit: 10
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August 08, 2013, 08:19:59 AM |
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Did i miss a reason why AM-Shares are priced so low at the moment? The divs are high as always so i dont see why...
I think the primary reason people have been discussing, that investors are cashing out of ASICMINER to invest in new startups (unwisely IMHO), is likely one of the primary causes of the low share price. Others likely include the lower dividends recently, the lack of information about new hardware despite expectations of such, and a lack of updates from friedcat. Remember, until fairly recently friedcat was providing weekly updates every thursday like clockwork, and that has stopped without explanation. The fact that news about new ASICMINER hardware is imminent, competition is unlikely to seriously compete any time soon, and that friedcat is working just as hard as every in spite of the lack of official updates leads me to believe that it is in fact an fantastic time to purcahse ASICMINER shares. I agree with you.
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reputation is everything.
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Taxidermista
Legendary
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Activity: 1148
Merit: 1001
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August 08, 2013, 09:06:23 AM |
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With all these mining companies coming up, petahashes (PH/s) is now the "norm". Friedcat now has the go ahead to start prepping the exahashes (EH/s), without worry of the upcoming total network hashrate. I don't see petahashes anywhere.
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AngelSky
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August 08, 2013, 11:07:54 AM |
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3.5 milestone
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ronaldlee0917
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August 08, 2013, 11:12:08 AM |
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We are approaching 40% APR with the current price! By the way, what is the rationale behind the sell off?
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Donation: 18zXsfnSvGjQFJ6pEiKMg2uWGcxUCfJLzu Mastercoin - A new protocol layer built on top of Bitcoin
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JordanL
Donator
Sr. Member
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Activity: 294
Merit: 250
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August 08, 2013, 11:14:48 AM |
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3.5 milestone Crazy. I never thought we'd have another opportunity like this. Share price could easily increase 50%+ in less than a month if hardware sales materialize. I love the fact that low-information investors chasing the next big IPO are allowing the rest of us to get rich from ASICMINER once again.
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AngelSky
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August 08, 2013, 11:15:41 AM |
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We are approaching 40% APR with the current price! By the way, what is the rationale behind the sell off?
Fear of the future. Cash needs. Buy back when shares are cheaper. All this ?
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CMMPro
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August 08, 2013, 11:19:56 AM |
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This low of a price is mind boggling when you consider the dividend history he has put up....I think that tells us a lot. Most of these so called investors are really speculators looking only at jumping onto the next high speed train.
Slow and steady wins the race kiddies...no one ever told them the story of the tortoise and the hare?
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btcbot
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August 08, 2013, 11:23:18 AM |
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This seems to me to be a trapped whale... The IPO hype has greatly diminished.
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Don't tip me... tip the Riseup folks who protect activists around the world.
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JordanL
Donator
Sr. Member
Offline
Activity: 294
Merit: 250
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August 08, 2013, 11:23:44 AM |
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This low of a price is mind boggling when you consider the dividend history he has put up....I think that tells us a lot. Most of these so called investors are really speculators looking only at jumping onto the next high speed train.
Slow and steady wins the race kiddies...no one ever told them the story of the tortoise and the hare?
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AngelSky
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August 08, 2013, 11:34:47 AM |
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This low of a price is mind boggling when you consider the dividend history he has put up....I think that tells us a lot. Most of these so called investors are really speculators looking only at jumping onto the next high speed train.
Slow and steady wins the race kiddies...no one ever told them the story of the tortoise and the hare?
Even if you believe that a company will succeed you can close a position and open it later at lower prices. If the market tells you that "sell" is the rule, then just sell high and buy back later. Get more shares to sell them when you get the "all-time-high" (if you are right about the success of this company). Nothing wrong here.
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