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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3916344 times)
Aedius
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August 21, 2013, 02:12:32 PM
 #11441

Seems like there are quite a few ASICMINER shareholders following the mantra of "buy high, sell low" ... One "low" dividend has prompted a steep sell-off (unjustified IMO).

Going to wait until the dust settles to pick up some cheap shares, just like I've done in the past (last time was when BTC price dipped into the mid $60 range)..
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Manna
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August 21, 2013, 02:38:27 PM
 #11442

Lol that Volatility on Btct.co , no we are back to 3.4 btc and were at 2.7......
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August 21, 2013, 02:42:03 PM
 #11443

Lol that Volatility on Btct.co , no we are back to 3.4 btc and were at 2.7......

If someone missed the low price, bitfunder still selling at 2.9990
jimmy3dita
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August 21, 2013, 03:58:29 PM
 #11444

Nice try. I haven't received any divs yet.

Acquista il mio libro "Investire Bitcoin": clicca qui
canth
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August 21, 2013, 04:18:11 PM
 #11445

Nice try. I haven't received any divs yet.

It's accurate - I see 0.01226019 per share to my address although I have zero confirmations so far.

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August 21, 2013, 04:27:17 PM
 #11446

any idea if in the future am can get back to 4.3+ per share?
maybe by december time?
anyone think this is possible?

They have franchise mining offer plans, that will keep AM on top again. I'm guessing within this year.

I agree, fixating on mining alone is very near sighted IMO. Then again, most of the bitcoin community completely ignores anything past 2 weeks out.
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August 21, 2013, 04:37:22 PM
 #11447


hammurabi
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August 21, 2013, 04:45:26 PM
 #11448

Last month there was a financial balance sheet dated July 23rd.
Will August get one as well?

July 2013:
https://docs.google.com/spreadsheet/ccc?key=0Al1fvFT7Sd5bdEthNEpIWWxpcW90RFBQOFZ6aFlxT0E#gid=0

BTC:    1Hpk4rWpP3gACJhXHn8VkeNp4usdQmfuVY
LTC:    LM5p7X9dTsWj14G2VQeJKuntVUc6GsPnDp
Vycid
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August 21, 2013, 04:47:04 PM
 #11449

Bears make money, bulls make money, pigs get slaughtered.

Cut your damn losses before the whales start cashing out.

Seriously.

therustytrombone
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August 21, 2013, 04:48:46 PM
 #11450

Bears make money, bulls make money, pigs get slaughtered.

Cut your damn losses before the whales start cashing out.

Seriously.

Did I just log on to Investorshub? LOL
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August 21, 2013, 04:49:41 PM
 #11451

Bears make money, bulls make money, pigs get slaughtered.

Cut your damn losses before the whales start cashing out.

Seriously.

Did I just log on to Investorshub? LOL

I've been prognosticating this for ages, at about this timeframe. Few listened. Here it is.

The huge drop was because USD-BTC is illiquid. The adjustment will be a continuing trend as sentiment shifts, not a vertical line.

Mnw
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August 21, 2013, 04:57:28 PM
 #11452

Bears make money, bulls make money, pigs get slaughtered.

Cut your damn losses before the whales start cashing out.

Seriously.

Did I just log on to Investorshub? LOL

I've been prognosticating this for ages, at about this timeframe. Few listened. Here it is.

The huge drop was because USD-BTC is illiquid. The adjustment will be a continuing trend as sentiment shifts, not a vertical line.

HW sales competition is growing, mining difficult is rising.. I see a steady profits decline in the near future
Panterino
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August 21, 2013, 05:02:58 PM
 #11453

Bears make money, bulls make money, pigs get slaughtered.

Cut your damn losses before the whales start cashing out.

Seriously.

Did I just log on to Investorshub? LOL

I've been prognosticating this for ages, at about this timeframe. Few listened. Here it is.

The huge drop was because USD-BTC is illiquid. The adjustment will be a continuing trend as sentiment shifts, not a vertical line.

You don't think USD-BTC will become more accessible in the future?
gramma
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August 21, 2013, 05:47:27 PM
 #11454

USD is illiquid relative to where it was a year ago, or even six months ago, true.  But not completely illiquid, and hard as it may be to believe, there are other major world currencies out there, and Germany's recent action comes to mind as a positive. Between today's div and changing market, I am not surprised at a drop.  The rising price of BTC may have people cashing out as well, even into relatively illiquid USD.  Fun times ahead, not for the faint of heart.  I picked some up in the mid-high 3s, but I also have some from back @ 0.69.

Sure I wish I had sold near the high - who doesn't?  But also wishing I hadn't just slept through the mid-2s dip.

BTC: 1MrNRPo7p8DEyxn87c9BCGwrbatBQeCHc1
Progressive
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August 21, 2013, 06:00:30 PM
 #11455

Bears make money, bulls make money, pigs get slaughtered.

Cut your damn losses before the whales start cashing out.

Seriously.

Did I just log on to Investorshub? LOL

I've been prognosticating this for ages, at about this timeframe. Few listened. Here it is.

The huge drop was because USD-BTC is illiquid. The adjustment will be a continuing trend as sentiment shifts, not a vertical line.

I think that some of your posts are great Vycid.
But maybe it would be fair to mention that you are holding put options for ASICMINER, therefore you will lose if price will go up and you will gain if the price will fall (as you are preaching).
Am I wrong?
ajolly
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August 21, 2013, 06:07:30 PM
 #11456

Vycid has been transparent about him profiting by a lower AsicMiner share price...
gramma
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August 21, 2013, 06:09:31 PM
 #11457

Vycid has been transparent about him profiting by a lower AsicMiner share price...

Agreed.  He didn't mention it in that post, but has mentioned it in many posts.

BTC: 1MrNRPo7p8DEyxn87c9BCGwrbatBQeCHc1
SebastianJu
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August 21, 2013, 06:09:43 PM
 #11458

Imagine a company having to expand its operation by 80% each month! That's been the reality for ASICMiner the past month: http://runeks.dk/bitcoin/diff.txt

The difficulty has risen by an average of 25% per adjustment for the past month. That's 80% per month!

Its 94%. You cant simply summarize the percents. Though one diff adjustment now jumped out of the 30 day window it looks less. But im very sure it will be above 100% next diff update. It went 46% then 71% and now 94%. So the difficulty rise is not only rising exponentially, the prozentual rise is even rising exponential.

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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August 21, 2013, 06:11:03 PM
 #11459

Imagine a company having to expand its operation by 80% each month! That's been the reality for ASICMiner the past month: http://runeks.dk/bitcoin/diff.txt

The difficulty has risen by an average of 25% per adjustment for the past month. That's 80% per month!

Its 94%. You cant simply summarize the percents. Though one diff adjustment now jumped out of the 30 day window it looks less. But im very sure it will be above 100% next diff update. It went 46% then 71% and now 94%. So the difficulty rise is not only rising exponentially, the prozentual rise is even rising exponential.

We need the next-gen chips
velacreations
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August 21, 2013, 06:14:10 PM
 #11460

I've been prognosticating this for ages, at about this timeframe. Few listened. Here it is.

The huge drop was because USD-BTC is illiquid. The adjustment will be a continuing trend as sentiment shifts, not a vertical line.

right, we've never seen a recovery from levels like this before...  Roll Eyes

sell Vycid your cheap shares, he'll be glad to take them off your hands.

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