ASICMINER: Entering the Future of ASIC Mining by Inventing It

[SOSLOVE868]

There were skeptics at 0.2, yes. Rightfully so, since AM hadn't proven itself yet - but it is my understanding that at that point it DID share more of its business plan with the public. 0.2 was a decent bet, considering there was not much competition on the scene, and lots of coins up for grab until the rest of the competition could mobilize.

This is NOT a comparable scenario, since AM is LESS transparent and headed for extreme competition.

It's hardly a fear campaign. If someone says "this is ridiculous!!! how could you sell, AM has the highest dividends!!" I'm going to point out why that's not really important.

I understand that you want to get more cheap shares. if not , what makes you spending your times day and day to explaining to everybody that AM will be dead?

And from my understand, the cost advantage in China will cover the technical disadvantage of AM.  (If those west competitor could get win on Cost , there would not that much electric devices is made in China. )
If mining BTC is profitable , why FC didn't adding more hashrate? the only reason I believe is he is waiting for some better devices to get more profitable for himself.)

FC doesn't care about the Share price, Since He can't use this to measure his company's value in real world , I mean to get loan or other stuffs.

at 2.BTC per share , I think this would not be long , because once he announce his devices, folks will be shocked like the first time when he announced he invented USB miner.


 

[scrybe]

My SWAG is

Your wat?

"Scientific Wild Ass Guess"

Damn, I thought the "S" was "super".  

In YOUR case, let's go with Shitty

[hlynur]

I understand that you want to get more cheap shares. if not , what makes you spending your times day and day to explaining to everybody that AM will be dead?

Haha. I'm not invested in AM. I effectively maintain a short position via put options. When AM goes down I make money.

Frankly, there is nothing FC can do at this point to make the shares fairly valued. It's too late; all of the dividends that could've been used for growth have been paid out, and AM will never come close to its old profit margins.

AM won't go out of business, but there's gonna be some serious adjustment. For the long-term, not the short term, by the way - I would be shocked if we ever see 3 BTC again.

I am invested in Litecoin Global (BTCT's parent company), but it's a small position and I don't pay much attention to it.

I am also invested in a number of companies on traditional exchanges but that's kind of tangential.

vycid has his strategic standpoint and it's logical he's supporting these interests with his argumentation on this thread.

I'd still love to hear arguments why Vycid doesn't seem to be involved in any other ipo? (does AM have any benefits for him after all....despite going to hell of course?)


If I read through other ipo-threads (e.g. labcoin) and start comparing, i know why i invested in AM. Imo it still has the most transparency and best reputation for an already risky investment in this market.
(this statement is written with my strategic standpoint in mind )

[prancing_around]

Are you Vycids alter ego, hlynur? You both have 168 posts as of right now  

[hlynur]

Are you Vycids alter ego, hlynur? You both have 168 posts as of right now  

it's activity not posts, don't know exactly how it's calculated though.

and no i'm not somebody's alter ego. (or at least not that i know of )
vycid is just the first guy in AM-thread that pushes me to throw my 2 satoshis in the discussion from time to time.

I think his argumentation is a bit off because if you apply his criticism of AM to other ipos on the market, you couldn't invest in any of these at all.


besides: how did you pull it off to register April 2012 and do 4 posts until now??? I feel honoured that your 4th post is about asking me being an alter ego. Can't wait for your next one.

[tinus42]

Vycid's message is clear. He believes AM is going to BTC0.00. And of course his word is fact.

[Vycid]

Are you Vycids alter ego, hlynur? You both have 168 posts as of right now  

it's activity not posts, don't know exactly how it's calculated though.

and no i'm not somebody's alter ego. (or at least not that i know of )
vycid is just the first guy in AM-thread that pushes me to throw my 2 satoshis in the discussion from time to time.

I think his argumentation is a bit off because if you apply his criticism of AM to other ipos on the market, you couldn't invest in any of these at all.


besides: how did you pull it off to register April 2012 and do 4 posts until now??? I feel honoured that your 4th post is about asking me being an alter ego. Can't wait for your next one.

Actually, yes, I am not invested in ANY mining company. Even if they deliver product, I think the storm of deliveries will actually drive profits negative for a while (due to hardware and electricity expense) as people desperately keep their miners running, trying to try to claw back their investment.

The only mitigating factor would be another large BTC/USD increase within the next six months and I honestly have no idea if that will happen. It could go down and make things worse, too.

Some companies will probably fold. I do not want to be holding a doomed company.

[Vycid]

AM Shares slowly trending toward 0.00

Told you all they were overvalued at 0.5.

They're worth around 0.05 imo.

Um, my price target (valid assuming no significant news updates) is 1.5. So I disagree. AM's working cash is probably worth more than 0.05/share.

There is definitely value here. People just overestimate how much. You underestimate, evidently.

Disclosure: I am short AM.

[Vycid]

Less transparent than what? Do you want FC to let the competition know his every move?

Uh, yeah, if that's what it takes to keep his shareholders updated. What do you suppose that his competition is going to do with that information? He's not e-mailing the tapeout over to BFL. The competition is going to make ASICs one way or another, if FC lets them know that's still on his game plan too... uh, so what?

Updates are far more valuable to his shareholders than to his competition.

[hlynur]

Disclosure: I am short AM.

better put it in your signature for a permanent understanding, a little dig through wallobserver thread could spit out some nice bear pics for your avatar.

just kidding around... 

[tinus42]

0.05 share is silly, that's like a month of bad dividends.
Why even discuss this?

If one is mega-bearish on AM this can't be repeated often enough.

BTC is going down to $0.01, sell al yours before you lose everything. 

[Vycid]

Disclosure: I am short AM.

better put it in your signature for a permanent understanding, a little dig through wallobserver thread could spit out some nice bear pics for your avatar.

just kidding around... 

No, seriously, this is a good idea. There's a weird double standard that I have to disclose my position every time I post, but the longs never do.

So let's just deal with that now.

[Vycid]

That kind of bear?

Destiny.

[freedomno1]

Note slightly modified  

I'm interested in buying some 90-day calls, issued on btct.co.
Will buy up to 2.5 BTC worth or in other words 10 contracts

I'm thinking a strike price of 2.5 for a premium of 0.25 BTC per contract.

Anyone interested?

If ASICMiner shares stay at 2.0 to 2.75, that's a guaranteed profit at around a 56% annualized return if it never goes above 2.5 again - about double what ASICMiner is currently yielding assuming variation etc.

Since Runeks is on the put side I'll ask on the call side
Why you may ask
I sense were in fear now and I just feel like it, Friedcat promised a certain range a long time ago and I see no reason why he cannot maintain it given the timeline and information we have. Still the most orderly thread of the three ActiveMining and Labcoin included he-he.
 Given Franktank goes by quarters were just back to the last quarter in share price and while past history does not represent future earnings by any measuring stick, consistency and delivery do merit a quarter of a year seeming like a reasonable bet for this price.
The darkest hour is just before the dawn.

If its never going to go above 3 again someone out there should want these calls  

@ Transaction fees (Watch the mastercoins whistle)

Variation range of runeks is 1.65 and lower so now both sides are covered

Just send a PM so I know if your offering any

[hlynur]

That kind of bear?

Destiny.

ah shit, I'm too late

[Vexual]

I've made quantitative value arguments that 2 BTC is a fair price only if AM is successful at retaining a significant chunk of the hashrate for many years. 10 BTC is highly unlikely.

Sure, we don't know. I like my odds, though.

Now I'm not going to present my ideas as fact, but I wonder if you have a brain injury.

[radiumsoup]

I've made quantitative value arguments that 2 BTC is a fair price only if AM is successful at retaining a significant chunk of the hashrate for many years. 10 BTC is highly unlikely.
Sure, we don't know. I like my odds, though.

Now I'm not going to present my ideas as fact, but I wonder if you have a brain injury.

To be fair, the "we don't know" part was referencing the "only if AM is successful..." part, not the value.

/objective reading

[Vexual]

So what's the quantitative information available for a fair share price?
He can't base his speculation on his own speculation and call it quantitative.

[Vycid]

So what's the quantitative information available for a fair share price?
He can't base his speculation on his own speculation and call it quantitative.

Jesus Christ, man, you can't simultaneously accuse me of repeating my arguments too many times AND claim that I haven't made them. What the fuck?

[Vexual]

I never accused you of repeating your arguments too many times.
You maybe successful with your trading, but often your logic and reasoning sounds flawed to me.
You base your decisions on market data, yet disagree with the market.
You say friedcat doesn't give enough information to shareholders, yet claim to be making informed decisions.

I think you're in a bullshit loop like the hitchhiker from There's Something About Mary