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VolanicEruptor
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October 24, 2013, 11:11:27 PM |
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One thing I forgot to translate in the video was that the interviewer said the dividend will maintain a low level for a long time, as funds need to be raised to test the 3rd Gen.
This is contrary to FC telling us we would only experience a few weeks of raped dividends, which was 3 weeks ago. lol  |
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TadpolesIsAWinner
Newbie
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Activity: 43
Merit: 0
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October 24, 2013, 11:14:30 PM |
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One thing I forgot to translate in the video was that the interviewer said the dividend will maintain a low level for a long time, as funds need to be raised to test the 3rd Gen.
3rd Gen coming out in February though right (according to interview)? So "a long time" = 4 months then? |
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redbeans2012
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October 24, 2013, 11:14:59 PM |
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One thing I forgot to translate in the video was that the interviewer said the dividend will maintain a low level for a long time, as funds need to be raised to test the 3rd Gen.
This is contrary to FC telling us we would only experience a few weeks of raped dividends, which was 3 weeks ago. lol I'm sure it would rely on the price of btc. |
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Adrian-x
Legendary
Offline
Activity: 1372
Merit: 1000
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October 24, 2013, 11:17:16 PM |
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One thing I forgot to translate in the video was that the interviewer said the dividend will maintain a low level for a long time, as funds need to be raised to test the 3rd Gen.
This is contrary to FC telling us we would only experience a few weeks of raped dividends, which was 3 weeks ago. lol His Fiat return was boosted by this little rally, good for FC overhead and growth, timing couldn't be better. (declaration I own AM) |
Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
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jimmothy
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October 24, 2013, 11:19:52 PM |
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It is estimated that the network hashing power would be 1000p then, while Friedcat would deliver several hundred of it. Has anything about this interview been confirmed or is it all BS? Sounds too good to be true. |
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Pompobit
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October 24, 2013, 11:20:56 PM |
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It is estimated that the network hashing power would be 1000p then, while Friedcat would deliver several hundred of it. Has anything about this interview been confirmed or is it all BS? Sounds too good to be true. not yet |
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dexX7
Legendary
Offline
Activity: 1106
Merit: 1024
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October 24, 2013, 11:34:15 PM |
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Has anything about this interview been confirmed or is it all BS? Sounds too good to be true.
Actually it just confirms what was said earlier and isn't really news. Several hundred TH were schedueled for "end of the year" and I think 1000 were mentioned in rockxie's presentation. Not sure anymore.. This is the interviewer's thread: https://bitcointalk.org/index.php?topic=252469.0 (sticky in the Chinese subforum) |
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VolanicEruptor
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October 24, 2013, 11:35:38 PM |
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I think an excellent point was just made.. most of the BTC for reinvestment has not been converted to fiat yet, meaning ~70% increase of available funds. The BTC spike itself should be lifting the price up. This would be the opposite effect of a company who has already converted (you would see a downward shift of share value)
shit, I'm buying more...
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Groc
Sr. Member
Offline
Activity: 560
Merit: 250
Bounty manager (https://t.me/Gudwinn)
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October 24, 2013, 11:43:08 PM |
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Sell, Sell, Sell ! It's a pump and dump  |
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romerun
Legendary
Offline
Activity: 1078
Merit: 1001
Bitcoin is new, makes sense to hodl.
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October 24, 2013, 11:57:42 PM |
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why there's a baby in the interview, hope he's not friedcat
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VolanicEruptor
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October 24, 2013, 11:59:22 PM |
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why there's a baby in the interview, hope he's not friedcat
That would be the 3rd generation miner. He is going to be trained to solve blocks manually.. |
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standardcrypto
Newbie
Offline
Activity: 20
Merit: 0
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October 25, 2013, 12:01:43 AM |
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The rumor has friedcat predicting an exahash (1000 petahash) of total network power by the end of 2014. That's a hoover's dam worth of power, on gen 3. http://blog.standardcrypto.com/2013/09/17/what-does-one-exahash-look-like/I find that a little hard to swallow. My understanding is that mining becomes uneconomical on electricity costs alone at the current price, somewhere in the 60-80 petahash range. So I don't think it's realistic to forecast a petahash, unless prices rise over a thousand. Would friedcat really go out on a limb like this? I bought some more on the rumor, but I'm still skeptical. It is estimated that the network hashing power would be 1000p then, while Friedcat would deliver several hundred of it. Has anything about this interview been confirmed or is it all BS? Sounds too good to be true. not yet |
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VolanicEruptor
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October 25, 2013, 12:05:18 AM |
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Has anything about this interview been confirmed or is it all BS? Sounds too good to be true.
Actually it just confirms what was said earlier and isn't really news. Several hundred TH were schedueled for "end of the year" and I think 1000 were mentioned in rockxie's presentation. Not sure anymore.. This is the interviewer's thread: https://bitcointalk.org/index.php?topic=252469.0 (sticky in the Chinese subforum) It's still a relief to know that FC is still interested in mining. For awhile there he had us convinced he was going to resort to selling cotton candy and cigarettes, (ignoring mining all together) |
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Pompobit
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October 25, 2013, 12:17:25 AM |
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Has anything about this interview been confirmed or is it all BS? Sounds too good to be true.
Actually it just confirms what was said earlier and isn't really news. Several hundred TH were schedueled for "end of the year" and I think 1000 were mentioned in rockxie's presentation. Not sure anymore.. This is the interviewer's thread: https://bitcointalk.org/index.php?topic=252469.0 (sticky in the Chinese subforum) The thread is stickyed but I can't find any news about friedcat. Her last post is dated 20 october and her last interview 12 october. |
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BitHub
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October 25, 2013, 12:23:57 AM |
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Its all BS and lies to try and save this worthless stock, see you at 0.0000001 a share
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romerun
Legendary
Offline
Activity: 1078
Merit: 1001
Bitcoin is new, makes sense to hodl.
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October 25, 2013, 12:32:04 AM |
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He predicted once that the fee will be 15BTC a block, how could he know? even satoshi does not know. Although I hold a good amount of share, I have to admit that I think he said it to make positive effect on AM price.
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chriswilmer
Legendary
Offline
Activity: 1008
Merit: 1000
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October 25, 2013, 12:44:39 AM |
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He predicted once that the fee will be 15BTC a block, how could he know? even satoshi does not know. Although I hold a good amount of share, I have to admit that I think he said it to make positive effect on AM price.
Seems reasonable to me. I think the fees could one day go greater than 50 btc per block. |
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pascal257
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October 25, 2013, 12:47:42 AM |
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He predicted once that the fee will be 15BTC a block, how could he know? even satoshi does not know. Although I hold a good amount of share, I have to admit that I think he said it to make positive effect on AM price.
Seems reasonable to me. I think the fees could one day go greater than 50 btc per block. I don't think so, that would be insane. Off-chain transactions will get more and more popular. |
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finlof
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October 25, 2013, 12:52:47 AM |
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pretty fast. i opened one as soon as i saw the news and had my btc in there within 20 - 30 min. bought some shares, sold 66% of them for the amount i bought all of them to get all my original investment back out. so i have free shares! |
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