ASICMINER: Entering the Future of ASIC Mining by Inventing It

[Zubilica]

on 27th will know for sure, what is going on. so chill and enjoy cheap shares

u mean sell higher

This too

[finlof]

2 of last 3 orphaned blocks are from asicminer.  bad luck or bad connectivity?  discuss amongst yourselves...

[bitcoin.newsfeed]

on 27th will know for sure, what is going on. so chill and enjoy cheap shares

I really hope that on 27th we'll see some serious update from Friedcat, not just bunch of numbers in financial report.

[VeeMiner]

on 27th will know for sure, what is going on. so chill and enjoy cheap shares

I really hope that on 27th we'll see some serious update from Friedcat, not just bunch of numbers in financial report.

I think we will get what Friedcat said we will get - a detailed financial report. I would hope that he will confirm the inverview but we can't know that for sure

[miner49er]

Question: how to buy shares in ASICMINER?

[murfshake]

2 of last 3 orphaned blocks are from asicminer.  bad luck or bad connectivity?  discuss amongst yourselves...

Yeah, this really really sucks bad.

[finlof]

Question: how to buy shares in ASICMINER?

answer : www.havelockinvestments.com.  create account.  deposit btc.  buy securities.  collect small weekly dividends.  hope share price goes up, and/or dividend price goes up, and/or usd-btc value goes up.

[Lohoris]

Question: how to buy shares in ASICMINER?

answer : www.havelockinvestments.com.  create account.  deposit btc.  buy securities.  collect small weekly dividends.  hope share price goes up, and/or dividend price goes up, and/or usd-btc value goes up.

wrong.
since he pays in btc, it doesn't matter if usdbtc goes up: he would have gained the same anyway if he hadn't invested them in a security.

[velacreations]

wrong.
since he pays in btc, it doesn't matter if usdbtc goes up: he would have gained the same anyway if he hadn't invested them in a security.

except that when usd/btc goes up, people tend to sell shares to lock in profits...

[lophie]

Question: how to buy shares in ASICMINER?

answer : www.havelockinvestments.com.  create account.  deposit btc.  buy securities.  collect small weekly dividends.  hope share price goes up, and/or dividend price goes up, and/or usd-btc value goes up.

Or you can be sure that it will go down to 0.4 in the next two days, then it will go up again after the 27th and then after a week it will go down again to a reasonable price.

[finlof]

wrong.
since he pays in btc, it doesn't matter if usdbtc goes up: he would have gained the same anyway if he hadn't invested them in a security.

except that when usd/btc goes up, people tend to sell shares to lock in profits...

seriously where do people get that usd/btc doesnt matter?  unless you live in a world where you can make all your transactions in in btc then fiat/btc totally matters.  this may be totally off, but i would venture to guess that currently most normal people with btc have it cause they paid for it using fiat, or purchased things that mine their btc with fiat.

[muyuu]

So now it's when we go back to BTC4, right?

[Lohoris]

seriously where do people get that usd/btc doesnt matter?  unless you live in a world where you can make all your transactions in in btc then fiat/btc totally matters.

it doesn't matter regarding buying btc-denominated securities as opposite as just holding bitcoins.

[g83]

So now it's when we go back to BTC4, right?

nope, to BTC5

[Rival]

When one says that a bitcoin has doubled in value it does not mean that new wealth has been created from air.

V = N / P

where V is the value of bitcoins, N is the number of bitcoins required for a purchase, and P is the number of units of an asset being purchased.

When V is doubled, either N must double, P must decrease by 50%, or a combination of movements in both N and P to ensure that their result is twice what it was originally. This is basic economics. It does not get much simpler than this. An increase in the value of a currency only gets you an advantage for a limited time due to the inelasticity of prices. But they will adjust eventually leaving you exactly where you started.

[bitcoin.newsfeed]

Friendly reminder :

Guys, that discussion about "btc/usd vs share price" is for another thread. I see this discussion here every 10 pages ... 

Also that endless screaming about movements of share price is annoying, for this we have ASICMINER Speculation Thread

+1 for long positions.

[muyuu]

So now it's when we go back to BTC4, right?

nope, to BTC5

I stand corrected.

[KCBitcoin]

http://v.youku.com/v_show/id_XNjI1OTIxMTc2.html

One of our group members in Chinese community had an interview with Friedcat today. Above is the brief introduction of what Friedcat has done and planned to be accomplished in the next months.
To be short:
1. 1000T would be released around Nov 7th. These chips may be sold or deployed, depending on the situation then.
2. 2nd Gen chips have already been developed long time ago. But they were delayed to deploy considering the unsatisfactory performance.
3. 3rd Gen chips were also under development during that period. It is already developed now but still under test. It is expected to become a mature product in Feb 2014, which means its key indicators would be much better than those of its competitors. It is estimated that the network hashing power would be 1000p then, while Friedcat would deliver several hundred of it.

Hi Realdos,

I think friedcat played some word game here.
From 1:45 to 2:06 in the video, the girl said friedcat told her that, by Nov 7th, he will have sold a total amount of 1000T since the beginning of this mining business.
i.e. this 1000T is a grand total counting all the hardware sold in the past, not that he will release another 1000T around the 7th.

KC

[Mausini]

http://v.youku.com/v_show/id_XNjI1OTIxMTc2.html

One of our group members in Chinese community had an interview with Friedcat today. Above is the brief introduction of what Friedcat has done and planned to be accomplished in the next months.
To be short:
1. 1000T would be released around Nov 7th. These chips may be sold or deployed, depending on the situation then.
2. 2nd Gen chips have already been developed long time ago. But they were delayed to deploy considering the unsatisfactory performance.
3. 3rd Gen chips were also under development during that period. It is already developed now but still under test. It is expected to become a mature product in Feb 2014, which means its key indicators would be much better than those of its competitors. It is estimated that the network hashing power would be 1000p then, while Friedcat would deliver several hundred of it.

Hi Realdos,

I think friedcat played some word game here.
From 1:45 to 2:06 in the video, the girl said friedcat told her that, by Nov 7th, he will have sold a total amount of 1000T since the beginning of this mining business.
i.e. this 1000T is a grand total counting all the hardware sold in the past, not that he will release another 1000T around the 7th.

KC

Nobody wants to know

[jimmothy]

http://v.youku.com/v_show/id_XNjI1OTIxMTc2.html

One of our group members in Chinese community had an interview with Friedcat today. Above is the brief introduction of what Friedcat has done and planned to be accomplished in the next months.
To be short:
1. 1000T would be released around Nov 7th. These chips may be sold or deployed, depending on the situation then.
2. 2nd Gen chips have already been developed long time ago. But they were delayed to deploy considering the unsatisfactory performance.
3. 3rd Gen chips were also under development during that period. It is already developed now but still under test. It is expected to become a mature product in Feb 2014, which means its key indicators would be much better than those of its competitors. It is estimated that the network hashing power would be 1000p then, while Friedcat would deliver several hundred of it.

Hi Realdos,

I think friedcat played some word game here.
From 1:45 to 2:06 in the video, the girl said friedcat told her that, by Nov 7th, he will have sold a total amount of 1000T since the beginning of this mining business.
i.e. this 1000T is a grand total counting all the hardware sold in the past, not that he will release another 1000T around the 7th.

KC

Source? Did you translate yourself? What makes you think it is total TH sold not total to be deployed? I do honestly think 1000 th deployed on nov 7 is too good to be true and this sounds much more reasonable.