ThickAsThieves
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August 21, 2013, 10:25:50 PM |
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Just popping in with an update that I've been flying all day and that's why I haven't paid out our various TATI AM PT divs as quickly as usual.
I'm back and catching up now.
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Vycid
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Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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August 21, 2013, 10:26:54 PM |
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@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.
Yup - I've got no problem with the panic sells (of a few shares). The real price for any share is what you can sell > 0.1% of the shares for, in the case of AM at least 400. I don't remember seeing more than a few shares go for over 5 BTC nor do I think that anyone would sell 400 shares for under 3.5 BTC today. It's funny because this scenario is even more exaggerated on other stocks that don't frequently trade as much volume as AM does. Then people REALLY freak when the price plunges or takes off, even though only a few shares traded hands. In general, as much as the prices fluctuate and as much as there's a noisy minority of disruptive shareholders posting incendiary crap, the majority of investors seem comfortable to buy and hold. If they didn't, the share volume traded would be much higher. I'm looking forward to seeing what kind of an operation Friedcat (and his competition) will be running in 6-12 months or more. Hey, is 1000 more than 400?
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MrMochi
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August 21, 2013, 10:43:02 PM |
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Hey, is 1000 more than 400?
Haha even though my blood is in the streets that comment had me laughing. Well played on all fronts.
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lophie
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August 21, 2013, 10:51:20 PM |
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I have tears in my eyes because I don't have coins to buy those shares....... Lets just see the divs and update and then the flood will come....
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Will take me a while to climb up again, But where is a will, there is a way...
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canth
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August 21, 2013, 10:51:54 PM |
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Hey, is 1000 more than 400? Worse, he just dropped the price to 2.7 BTC. I admit - I'm surprised it's that low and I predict that they get snapped up in < 24 hours. It feels like a forced sell due to needing funds in a short period of time.
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bobboooiie
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August 21, 2013, 10:53:15 PM |
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He downed the price to 2.7
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Vycid
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♫ the AM bear who cares ♫
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August 21, 2013, 10:58:40 PM |
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Hey, is 1000 more than 400? Worse, he just dropped the price to 2.7 BTC. I admit - I'm surprised it's that low and I predict that they get snapped up in < 24 hours. It feels like a forced sell due to needing funds in a short period of time. You'd better start assimilating new information before it's too late. There is a reason somebody would dump millions USD at 'below market'- he knows it won't sell at current prices. The whales don't believe in AM anymore and there was never 160M of value here.
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Kouye
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Cuddling, censored, unicorn-shaped troll.
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August 21, 2013, 11:03:01 PM |
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Worse, he just dropped the price to 2.7 BTC. I admit - I'm surprised it's that low and I predict that they get snapped up in < 24 hours. It feels like a forced sell due to needing funds in a short period of time.
If he was an early buyer, that's not that bad of a move, I think. He probably reached ROI from dividends and is just cashing in some huge benefits now. Which makes me sad with my 2 shares bought for 4.7 each. I don't care, I was willing to be part of the mining effort, without the hassle. And while FC manages to keep a decent part of the global mining rate, I'm staying. Not to get rich. Just to add my puny power, to help bitcoin blowing banks away.
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[OVER] RIDDLES 2nd edition --- this was claimed. Look out for 3rd edition! I won't ever ask for a loan nor offer any escrow service. If I do, please consider my account as hacked.
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tinus42
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August 21, 2013, 11:03:21 PM |
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Hey, is 1000 more than 400? Worse, he just dropped the price to 2.7 BTC. I admit - I'm surprised it's that low and I predict that they get snapped up in < 24 hours. It feels like a forced sell due to needing funds in a short period of time. You'd better start assimilating new information before it's too late. There is a reason somebody would dump millions USD at 'below market'- he knows it won't sell at current prices. The whales don't believe in AM anymore and there was never 160M of value here. Correction: one whale doesn't believe in it anymore or he needs funds desperately for some reason. Don't see any other mass dumping on the Auctions board.
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canth
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August 21, 2013, 11:03:34 PM |
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You'd better start assimilating new information before it's too late. There is a reason somebody would dump millions USD at 'below market'- he knows it won't sell at current prices. The whales don't believe in AM anymore and there was never 160M of value here.
Well, in this one transaction we're talking about 1000 * 2.7BTC or ~ $297,000 at today's prices. I'd say he's giving up about $100K by not waiting until the price bounces back, but time will tell if the millions get dumped, as you suggest they will.
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canth
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August 21, 2013, 11:06:24 PM |
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Worse, he just dropped the price to 2.7 BTC. I admit - I'm surprised it's that low and I predict that they get snapped up in < 24 hours. It feels like a forced sell due to needing funds in a short period of time.
If he was an early buyer, that's not that bad of a move, I think. He probably reached ROI from dividends and is just cashing in some huge benefits now. Which makes me sad with my 2 shares bought for 4.7 each. I don't care, I was willing to be part of the mining effort, without the hassle. And while FC manages to keep a decent part of the global mining rate, I'm staying. Not to get rich. Just to add my puny power, to help bitcoin blowing banks away. I bought the majority of shares between 1.5 and 2.5 and dumped 50% when it reached the high 4s - I've made enough profit that about the worst I can do is break even if AM plunges to near zero. I agree, there are definitely all kinds of reasons for entry and exit points into the market.
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tinus42
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August 21, 2013, 11:08:33 PM |
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Worse, he just dropped the price to 2.7 BTC. I admit - I'm surprised it's that low and I predict that they get snapped up in < 24 hours. It feels like a forced sell due to needing funds in a short period of time.
If he was an early buyer, that's not that bad of a move, I think. He probably reached ROI from dividends and is just cashing in some huge benefits now. Which makes me sad with my 2 shares bought for 4.7 each. I don't care, I was willing to be part of the mining effort, without the hassle. And while FC manages to keep a decent part of the global mining rate, I'm staying. Not to get rich. Just to add my puny power, to help bitcoin blowing banks away. Bought at resp. 2.52 and 3.70. But would love to be able to buy one of those shares at 2.7 if I had the BTC. As the Stones sung: You can't always get what you want.
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chriswilmer
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August 21, 2013, 11:35:03 PM |
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The 1000+ shares for 2.7 BTC guy locked the thread. That makes the whole situation seem very bearish since he is offering a great deal and no one "appears" to want the shares! Clever scare tactic?
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Vycid
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♫ the AM bear who cares ♫
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August 21, 2013, 11:35:52 PM |
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You'd better start assimilating new information before it's too late. There is a reason somebody would dump millions USD at 'below market'- he knows it won't sell at current prices. The whales don't believe in AM anymore and there was never 160M of value here.
Well, in this one transaction we're talking about 1000 * 2.7BTC or ~ $297,000 at today's prices. I'd say he's giving up about $100K by not waiting until the price bounces back, but time will tell if the millions get dumped, as you suggest they will. You are absolutely correct, that was an embarrassing order-of-magnitude error on my part. Still, someone has been filling all the buy orders every night. Big players want their profits. I will be entirely unsurprised if we see 5000+ shares for sale shortly.
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keeron
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August 21, 2013, 11:54:34 PM |
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The 1000+ shares for 2.7 BTC guy locked the thread. That makes the whole situation seem very bearish since he is offering a great deal and no one "appears" to want the shares! Clever scare tactic? Just taking PM offers... but that is definitely scaring folks like us who want to eat popcorn and enjoy the show (oh and cry a little with all those shares that I brought a little while ago)
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Vycid
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Activity: 336
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♫ the AM bear who cares ♫
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August 21, 2013, 11:56:58 PM |
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The 1000+ shares for 2.7 BTC guy locked the thread. That makes the whole situation seem very bearish since he is offering a great deal and no one "appears" to want the shares! Clever scare tactic? Yeah, maybe. Is there any way to find out if that guy actually owns direct shares?
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DeathAndTaxes
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Gerald Davis
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August 22, 2013, 12:00:40 AM |
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The 1000+ shares for 2.7 BTC guy locked the thread. That makes the whole situation seem very bearish since he is offering a great deal and no one "appears" to want the shares! Clever scare tactic? Yeah, maybe. Is there any way to find out if that guy actually owns direct shares? He signed a message from the address that was sent dividends.
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hammurabi
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August 22, 2013, 12:05:11 AM |
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The 1000+ shares for 2.7 BTC guy locked the thread. That makes the whole situation seem very bearish since he is offering a great deal and no one "appears" to want the shares! Clever scare tactic? Yeah, maybe. Is there any way to find out if that guy actually owns direct shares? His message verifies against signature&address. Also dividend received with this address is exactly for 3559 shares. https://blockchain.info/address/1LgU2dHSB3vn3KFGRG26C2vbg7Xz6dsAKq
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BTC: 1Hpk4rWpP3gACJhXHn8VkeNp4usdQmfuVY LTC: LM5p7X9dTsWj14G2VQeJKuntVUc6GsPnDp
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freedomno1
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Learning the troll avoidance button :)
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August 22, 2013, 12:07:14 AM Last edit: August 22, 2013, 12:25:57 AM by freedomno1 |
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The 1000+ shares for 2.7 BTC guy locked the thread. That makes the whole situation seem very bearish since he is offering a great deal and no one "appears" to want the shares! Clever scare tactic? Yeah, maybe. Is there any way to find out if that guy actually owns direct shares? Sure that parts easy enough although the data hasn't been updated recently I believe its only this one that's selling someone will need to check each account then divide it by dividends to confirm this statement https://docs.google.com/spreadsheet/ccc?key=0AtqphFCP56ordGVCakJxSU90MlB4MlBkZENya25pS2c#gid=9For the record NO SHARES HAVE BEEN SOLD AT THIS TIME by eb (forgot to add a clarification)
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Believing in Bitcoins and it's ability to change the world
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