SaintFlow
Sr. Member
  
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Activity: 532
Merit: 300
The first is by definition not flawed.
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August 24, 2013, 03:07:27 PM |
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Chain of bad luck or outage?
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2011 seems like yesterday
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AngelSky
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August 24, 2013, 03:22:14 PM |
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What is the bottom price, any idea ?
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btcbot
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August 24, 2013, 03:23:52 PM |
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What is the bottom price, any idea ?
I just bought at 2.55 but I suspect it'll go lower (just not willing to bet on it), probably bounce around 2.35 or so. I don't have any analysis (although I did spend an afternoon writing a fetcher for BTCT trade data). It was at that 2.5 level for a month, so I suspect it'll hold or bounce a little below there.
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Don't tip me... tip the Riseup folks who protect activists around the world.
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canth
Legendary
Offline
Activity: 1442
Merit: 1001
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August 24, 2013, 03:24:17 PM |
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What is the bottom price, any idea ?
What board members are willing to sell at.
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bobboooiie
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August 24, 2013, 03:39:41 PM |
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Did AM just hit an all-time high for hash rate?   Seems more like all-time lowest  ... another sell of going on 2.5 on BTCT
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CMMPro
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August 24, 2013, 03:46:03 PM |
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This is low price is just stupid.
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VolanicEruptor
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August 24, 2013, 03:49:26 PM |
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This is low price is just stupid.
love it.. I'm slowly creepin back in. There was no way I was going to buy at 3.50
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CMMPro
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August 24, 2013, 03:54:25 PM |
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I can't believe that people selling at this price.
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eb3full
VIP
Full Member
Offline
Activity: 198
Merit: 101
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August 24, 2013, 03:56:23 PM |
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I suspect EB or another whale is dumping, somebody who bought a lot at that last long-term price static point, 2.5.
I'm not selling anything. But I expect the price to keep going down, down, down, down. Anyone selling right now has computed out the risks that the price is going to go down and that dividend payments are going down, and that the asset is going to have trouble competing. We're pretty much back at IPO right now: friedcat's assembly line, capital investments and new technology have to puncture a very competitive environment and we can only hope they are ready to do so. But I went through one IPO with friedcat, I think I can go through another. 
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"With four parameters I can fit an elephant, and with five I can make him wiggle his trunk." John von Neumann buy me beer: 1HG9cBBYME4HUVhfAqQvW9Vqwh3PLioHcU
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bobboooiie
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August 24, 2013, 04:03:07 PM |
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I can't believe that people selling at this price.
Why would THIS be stupid ? Gone are the times AM could do 20-30% of network without effort. They will need to invest heavily to obtain at least 10% which will cut into dividends. This is pretty logical to me ...
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Panterino
Member

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Activity: 70
Merit: 10
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August 24, 2013, 04:06:14 PM |
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Like with all securities, ASICMINER will go down until we see capitulation at which point it will skyrocket.
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ning
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August 24, 2013, 04:06:21 PM |
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I can't believe that people selling at this price.
If someone believes that the share price will still be going down, selling now and buying the shares back at a later time would be reasonable for that person. (I'm just saying, and I'm holding my shares.)
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data
Member

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Activity: 84
Merit: 10
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August 24, 2013, 04:19:45 PM |
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The rapid sell-off is really gnawing on my nerves, but I missed the time to jump and rebuy. I sold some at 3.9 and bought back around 3, but still...
Anyway, having been in since the IPO my investment in fiat has increased already by a factor of over 100 with the part I have taken out, so even at 0 I am actually really lucky.
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ning
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August 24, 2013, 04:26:34 PM |
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In a war, there are many battles. As for the battle of the first gen chips, ASICMiner has won.
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data
Member

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Activity: 84
Merit: 10
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August 24, 2013, 04:35:42 PM |
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Even with the current holding back of money for new investments, 200THs or something in the pipeline to be deployed next month, the dividends are at 25% of worth per year. This looks to be either speculation, with a few latecomers panicking and some others wanting to have a part, rather than a real value adjustment, at least today. Down to 3, or even 2.7, I don't really know, although I would think that with the practical experience Asicminer has because of their prior runs as well as running a huge, energy dense datacenter, that they are well positioned in the next round.
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Franktank
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August 24, 2013, 04:40:16 PM |
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Wow! It's down to 2.3/share. I might have to get more BTC to buy more...
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Bitcycle
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August 24, 2013, 04:42:30 PM |
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Wow! It's down to 2.3/share. I might have to get more BTC to buy more...
Things got a little out of hand there, huh?
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Zubilica
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August 24, 2013, 04:43:09 PM |
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Bad news incoming
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tkone
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August 24, 2013, 04:45:19 PM |
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bad news is coming, there is large holders that get the news first, thats why prices drop since they have way more shares they get out faster,
im sure its gonna get down to atleast 2.0 each, and some that didnt get a chance to get out, or the ones that really believe will still be there, once the news hits, it will drop....
wow shares are 2.3 each now? nah buy walls at 2.5...
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ning
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August 24, 2013, 04:49:49 PM |
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bad news is coming, there is large holders that get the news first, thats why prices drop since they have way more shares they get out faster,
im sure its gonna get down to atleast 2.0 each, and some that didnt get a chance to get out, or the ones that really believe will still be there, once the news hits, it will drop....
wow shares are 2.3 each now? nah buy walls at 2.5...
I am not saying that your prediction will not be realized, but an individual is not supposed to be sure about the market prices.
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