ASICMINER: Entering the Future of ASIC Mining by Inventing It

[joele]

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]

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

[canth]

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.

[bitman442]

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.

[canth]

[hammurabi]

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

[Vycid]

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

Cut your damn losses before the whales start cashing out.

Seriously.

[therustytrombone]

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

[Vycid]

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]

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]

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]

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.

[Progressive]

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]

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

[gramma]

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.

[SebastianJu]

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.

[Panterino]

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]

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... 

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

[AMuppInTime]

@canth
I'm loving the shakeup. I got back onboard at 3.7 - and after seeing everyone freak out about low divs or other IPOs, I am glad to see the weak hands leave the boat.
In the end, some play it speculatively, others invest.

[Rebelution]

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

It would be nice, but producing and mining with the current gen chips will still be profitable for a long time.  Hardware sales are just a great bonus.  I am loving this panic sell, I have greatly increased my position.  I just hope it remains at this price for the next few weeks so I can continue to load up.  Nom nom nom!