ASICMINER: Entering the Future of ASIC Mining by Inventing It

[binaryFate]

interesting.

October 7, releasing of "newer products"?  what does that mean?

Indeed, interesting! Anybody sees something known to which it could relate? If not, it is entirely new info, which is supeeeer positive (and weird that it leaks from a reseller first)...

[binaryFate]

I suspect this PM was manufactured - I have more faith in FC than that.

Do you mean FC leaked something on purpose, or do you mean it's manufactured by somebody and just a fake?

[JimiQ84]

interesting.

October 7, releasing of "newer products"?  what does that mean?

could be underclocked two-chip USB miner

[Vycid]

I suspect this PM was manufactured - I have more faith in FC than that.

Do you mean FC leaked something on purpose, or do you mean it's manufactured by somebody and just a fake?

I mean I prefer to think it's fake than imagine FC is handing out inside info. He's been very professional in the past.

[velacreations]

I suspect this PM was manufactured - I have more faith in FC than that.

Do you mean FC leaked something on purpose, or do you mean it's manufactured by somebody and just a fake?

I mean I prefer to think it's fake than imagine FC is handing out inside info. He's been very professional in the past.

I do think he lets resellers know what is coming down the pipes on hardware stocking.  If it is real, then he's saying they will have new stock in 2 days for the blades, which is really not handing out inside info as much as preparing the resellers for the new stock.

[Vycid]

I suspect this PM was manufactured - I have more faith in FC than that.

Do you mean FC leaked something on purpose, or do you mean it's manufactured by somebody and just a fake?

I mean I prefer to think it's fake than imagine FC is handing out inside info. He's been very professional in the past.

I do think he lets resellers know what is coming down the pipes on hardware stocking.  If it is real, then he's saying they will have new stock in 2 days for the blades, which is really not handing out inside info as much as preparing the resellers for the new stock.

This guy is a reseller?

https://bitcointalk.org/index.php?topic=282910.msg3151881#msg3151881

[velacreations]

This guy is a reseller?

https://bitcointalk.org/index.php?topic=282910.msg3151881#msg3151881

I have no idea who he is.  But, what I was saying is that telling someone that blades will be in stock in 2 days via PM doesn't sound like insider information to me.

[velacreations]

this probably should go in the Speculation thread, but if this is true, then it lines up with him buying a bunch of advertising and not responding to people until they knew blades would be restocked.

I'll wait until I hear a confirmation, but it is interesting, nonetheless.

[Vycid]

this probably should go in the Speculation thread, but if this is true, then it lines up with him buying a bunch of advertising and not responding to people until they knew blades would be restocked.

I'll wait until I hear a confirmation, but it is interesting, nonetheless.

That Oct 7 reference is very clearly inside information, if true. Why he would make this useless post today

https://bitcointalk.org/index.php?topic=294030.msg3151018#msg3151018

and then only reveal his plans to a forum no-name is beyond me.

I am sure some people will rush to BTCT to trade on this information, then lose their money when it turns out that FC isn't incompetent.

[velacreations]

Why he would make this useless post today

https://bitcointalk.org/index.php?topic=294030.msg3151018#msg3151018

posting a product user guide is useless information?

regardless, we'll wait and see if there will be any confirmation of that PM.  I agree that it is wise to be skeptical on information like that, until we hear it from FC himself.

[Vycid]

Why he would make this useless post today

https://bitcointalk.org/index.php?topic=294030.msg3151018#msg3151018

posting a product user guide is useless information?

regardless, we'll wait and see if there will be any confirmation of that PM.  I agree that it is wise to be skeptical on information like that, until we hear it from FC himself.

The link is broken, so unless you have super-vision it's pretty useless.

And yes - skepticism is always healthy. But some like to gamble...

21:00 (B) 2 @ 2.12800000 ASICMINER-PT
21:00 (B) 5 @ 2.12500000 ASICMINER-PT
21:00 (B) 10 @ 2.12000000 ASICMINER-PT
21:00 (B) 5 @ 2.11500000 ASICMINER-PT
21:00 (B) 5 @ 2.11000000 ASICMINER-PT
21:00 (B) 1 @ 2.10900000 ASICMINER-PT
21:00 (B) 1 @ 2.10800000 ASICMINER-PT
20:46 (B) 1 @ 2.10600000 ASICMINER-PT
20:46 (B) 2 @ 2.10500000 ASICMINER-PT

[velacreations]

And yes - skepticism is always healthy. But some like to gamble...

that's nothing, look at people buying Labcon right now...

[velacreations]

And yes - skepticism is always healthy. But some like to gamble...

21:00 (B) 2 @ 2.12800000 ASICMINER-PT
21:00 (B) 5 @ 2.12500000 ASICMINER-PT
21:00 (B) 10 @ 2.12000000 ASICMINER-PT
21:00 (B) 5 @ 2.11500000 ASICMINER-PT
21:00 (B) 5 @ 2.11000000 ASICMINER-PT
21:00 (B) 1 @ 2.10900000 ASICMINER-PT
21:00 (B) 1 @ 2.10800000 ASICMINER-PT
20:46 (B) 1 @ 2.10600000 ASICMINER-PT
20:46 (B) 2 @ 2.10500000 ASICMINER-PT

truth be told, we only got to this price today because someone dropped 176+ shares this morning.  The price had a lot of support around 2.2

That dump timed perfectly with the long post a few pages back where someone was asking for more transparency.

[houseofchill]

Vycid, I think in the best case scenario for bitcoin, there will come a time when the dollar, like many currencies, will have hyperinflation at the same time bitcoin goes up.  

I don't think many debt leveraged corporations will have the time to adjust to bitcoin with the way banks and businesses operate. Like Nokia, they'll probably be too big and structured with permanent debt.  Regulations, pensions, R&D, all their ways of doing things the fiat way.  So, I don't know what they're gonna do. So many industries will need to go bankrupt to reorganize.

Because new businesses will have be structured around new labor and capital, meaning bitcoin. That gives the power to the largest bitcoin balances like Satoshi's.  Next will be the organizations like AM that has a growing bitcoin reserve, similar to central bank reserves.  Then AM has a role much bigger than what it seems right now. New rules for borrowing and for investing means AM can choose on its terms, any portfolio of businesses. So AM can become a conglomerate of a consumer electronic company or a credit card company or even an aerospace company.

AM is more like a pod of peas, than an individual kernel. Just balancing out the big picture with your thinking for details.

[keemao]

Next will be the organizations like AM that has a growing bitcoin reserve, similar to central bank reserves. New rules for borrowing and for investing means AM can choose on its terms

I see we are in bitcoin for different reasons 

[shawshankinmate37927]

Considering ASICminers overall success its surprising to see so many "experts" telling them how they should run their business. There's no lack of demand for shares so all this talk of "should have..." and "should do..." can just GTFO, they came here from nothing and kept their promises and that's worth far more than pro beancounting and paperwork.

I don't see anyone telling friedcat how to run things.  Shareholders, also known as owners, have every right to ask for more information.  If you can't handle that, then you can GTFO.

Edit: Not ownwers, I stand corrected.

[Vexual]

I don't see anyone telling friedcat how to run things.  Shareholders, also known as owners, have every right to ask for more information.  If you can't handle that, then you can GTFO.

each ASICMINER share always equals to 1/400,000 of the total profits and voting power of the summed value from both ASICMINER and Bitfountain.

Not owners.

[velacreations]

I don't see anyone telling friedcat how to run things.  Shareholders, also known as owners, have every right to ask for more information.  If you can't handle that, then you can GTFO.

each ASICMINER share always equals to 1/400,000 of the total profits and voting power of the summed value from both ASICMINER and Bitfountain.

Not owners.

regardless, shareholders can ask for more information, there's nothing wrong with that.  And they tend to ask for information when things are not going great, so it's understandable that hey want to know what is going on.

FC is not obligate to answer, of course, but it would be nice if he did.

[runeks]

Vycid, I think in the best case scenario for bitcoin, there will come a time when the dollar, like many currencies, will have hyperinflation at the same time bitcoin goes up.  

I don't think many debt leveraged corporations will have the time to adjust to bitcoin with the way banks and businesses operate. Like Nokia, they'll probably be too big and structured with permanent debt.

Any company with USD-denominated debt will improve their financial situation in case of hyperinflation. Their debt would become worthless.

Because new businesses will have be structured around new labor and capital, meaning bitcoin. That gives the power to the largest bitcoin balances like Satoshi's.  Next will be the organizations like AM that has a growing bitcoin reserve, similar to central bank reserves.  Then AM has a role much bigger than what it seems right now. New rules for borrowing and for investing means AM can choose on its terms, any portfolio of businesses. So AM can become a conglomerate of a consumer electronic company or a credit card company or even an aerospace company.

Right, right. So you're investing in ASICMiner because it might evolve into an aerospace company in a post-fiat, bitcoin-only economy run by a small number of companies that set the rules?

To each his own I guess. To me this sounds like a very dark future. Nor do I see why it would be possible. A large bitcoin balance gives you no advantage over your competition if you can't invest it better than the competition. Sure, you have a head start, but nothing lasts forever.

[shawshankinmate37927]

I don't see anyone telling friedcat how to run things.  Shareholders, also known as owners, have every right to ask for more information.  If you can't handle that, then you can GTFO.

each ASICMINER share always equals to 1/400,000 of the total profits and voting power of the summed value from both ASICMINER and Bitfountain.

Not owners.

regardless, shareholders can ask for more information, there's nothing wrong with that.  And they tend to ask for information when things are not going great, so it's understandable that hey want to know what is going on.

FC is not obligate to answer, of course, but it would be nice if he did.

Yes, I agree.  My post has been corrected.