|
neilol
|
 |
October 30, 2013, 01:11:30 PM |
|
Openly bearish sentiment in the AM thread? Sounds like the time to buy
|
|
|
|
|
|
|
|
|
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
|
Lohoris
|
|
October 30, 2013, 01:13:48 PM |
|
Openly bearish sentiment in the AM thread? Sounds like the time to buy
Put your money where your mouth is. |
|
|
|
adara
Member
 Offline
Activity: 102
Merit: 10
|
|
October 30, 2013, 01:19:45 PM |
|
Openly bearish sentiment in the AM thread? Sounds like the time to buy
Put your money where your mouth is. The blood is not on the streets yet and there will be blood on the streets. That will be the time to buy. |
|
|
|
|
apollojmr
Sr. Member
Offline
Activity: 311
Merit: 250
The Power Of The Coin Is Awesome!!
|
|
October 30, 2013, 01:31:00 PM |
|
Openly bearish sentiment in the AM thread? Sounds like the time to buy
Put your money where your mouth is. It's an awesome time to buy! Cheap shares of the best stock the bitcoin world has ever seen! There is not one stock that has ever risen as high as AM. It will rise again! |
What you think you become. Bitrated user: apollojmr.
|
|
|
|
reactor
|
|
October 30, 2013, 01:40:11 PM |
|
Which bad decision?
Sell instead of mining? You already know that self mining is worse.
Sell price is too high? I don't think that's reasonable from an investors perspective. Even for the miner, who knew the difficulty will increase so fast then?
Failure in Gen2 chips? That's not a decision. It's an unfortunate result, but certainly not because he decided not to design Gen 2 at all.
Collect money for Gen 3? Without this, I believe the stock price will go to 0.
I personally lose more than 30BTC on AM, but I think it is my own fault in bad evaluation. Friedcat already returned more than 500% to IPO investors, I don't think he is responsible in pleasing us, who bought atoverpriced shares. The money we lost went to the sellers, not AM.
The main mistake is not maintaining the lead while you have it. It's a fatal mistake. ^^ This right here sums it up. AM was the only delivering vendor who consistently put hardware in the hands of miners for a long while. They basically bridged the gap between the early Avalons and the trickle of BFL shipments that started and other vendors like BitFury, custom-BitFury, KNC, etc. They played a very important role during that timeframe of keeping folks excited about mining while they waited for pre-orders from every corner of the world. It is actually very surprising to watch the AM fall from grace. All the right factors were in place - close to cheap manufacturing, decently cheap power options, an apparent brain trust who was capable of designing hardware, etc... How they fell so far behind is my biggest question. It was obvious the USB and Blade market was drying up fast a while back, now people are ticked about share prices (again their own fault), have lost faith in FC/AM due to lack of any substantial info in regards to "what comes next" in a mining market that is somewhat toxic to enter right now, and to be perfectly honest there are other options out there for people to risk money on. I hope for an AM renaissance as well, but I'm not keeping all my eggs in this basket. While AM may have a plan in place to shake the market back up (or at least re-enter in a meaningful way), confidence is huge and people are lacking confidence in AM. It's perfectly okay to fall behind if you're secretly working on a bomb you can drop once all the other vendors have become complacent, but that bomb might be too late when you can't find any hardware that is on the nice side of the "worth the money" investment. |
|
|
|
|
BitThink
Legendary
Offline
Activity: 882
Merit: 1000
|
|
October 30, 2013, 02:23:43 PM |
|
It's lucky they got 130nm chips work and produced before anyone else. But then they failed in design a good 65nm chip, and others did. Now they are testing their luck in Gen 3. Things are just this simple. It's not reasonable to assume once they are the leader, they always lead, especially in mining industry, where products become obsolete not in years, but in months.
|
|
|
|
|
jeffshed
Member
Offline
Activity: 60
Merit: 10
|
|
October 30, 2013, 03:09:41 PM |
|
They probably got complacent due to there own successes:
They were just sitting back and watching the ridiculous amount of coins roll in when they should have been expediting 28nm development. now they're loosing the race
I mean they were selling the first blade for so much. it'd be hard not to get blinded by the fortune.
|
|
|
|
|
chriswilmer
Legendary
Offline
Activity: 1008
Merit: 1000
|
|
October 30, 2013, 03:26:02 PM |
|
They probably got complacent due to there own successes:
They were just sitting back and watching the ridiculous amount of coins roll in when they should have been expediting 28nm development. now they're loosing the race
I mean they were selling the first blade for so much. it'd be hard not to get blinded by the fortune.
I think ASICMINER is thinking very far ahead, possibly too far ahead for most shareholders, with things like immersion cooling. Bitcoins, and bitcoin mining, are going to be around for the next decade at least. |
|
|
|
|
muyuu
Donator
Legendary
Offline
Activity: 980
Merit: 1000
|
|
October 30, 2013, 03:28:28 PM |
|
They probably got complacent due to there own successes:
They were just sitting back and watching the ridiculous amount of coins roll in when they should have been expediting 28nm development. now they're loosing the race
I mean they were selling the first blade for so much. it'd be hard not to get blinded by the fortune.
I think ASICMINER is thinking very far ahead, possibly too far ahead for most shareholders, with things like immersion cooling. Bitcoins, and bitcoin mining, are going to be around for the next decade at least. Yeah but now we can still make plenty of block reward coins, and the transition towards fees is still rather unknown in terms of profitability. |
GPG ID: 7294199D - OTC ID: muyuu (470F97EB7294199D)
forum tea fund BTC 1Epv7KHbNjYzqYVhTCgXWYhGSkv7BuKGEU DOGE DF1eTJ2vsxjHpmmbKu9jpqsrg5uyQLWksM CAP F1MzvmmHwP2UhFq82NQT7qDU9NQ8oQbtkQ
|
|
|
|
Lohoris
|
|
October 30, 2013, 04:06:22 PM |
|
Yeah but now we can still make plenty of block reward coins, and the transition towards fees is still rather unknown in terms of profitability.
If the known fails, you try the unknown. Mining failed for AM. |
|
|
|
|
ex-trader
|
|
October 30, 2013, 04:12:23 PM |
|
Yeah but now we can still make plenty of block reward coins, and the transition towards fees is still rather unknown in terms of profitability.
If the known fails, you try the unknown. Mining failed for AM. Agreed, but is AM worth $150m+ as a company trying something new.... |
|
|
|
|
|
superduh
|
|
October 30, 2013, 04:16:17 PM |
|
Yeah but now we can still make plenty of block reward coins, and the transition towards fees is still rather unknown in terms of profitability.
If the known fails, you try the unknown. Mining failed for AM. people have extremely short spans in bitcoin world. fear too much a few months of uncertainty as if it is the end. friedcat has proven that he's a decent businessman. if you trust him then stop thinking about a few months of issues and think long term. this is a long term company with long term potential. |
ok
|
|
|
|
somestranger
|
|
October 30, 2013, 05:06:41 PM |
|
Don't expect repeat customers when they are fucked with ROI. If they lose money they will not buy again. Easy stuff.
2. since they are so brain-dead, they'll likely come back anyway, they might not even realise they have lost money (they didn't check before, likely they aren't checking now nor they will later) See figure A: people purchasing BFL Monarchs. |
|
|
|
|
CanaryInTheMine
Donator
Legendary
Offline
Activity: 2352
Merit: 1060
between a rock and a block!
|
|
October 30, 2013, 05:49:28 PM |
|
was there a div since 10/23 ? can't seem to find any info on that...
|
|
|
|
|
|
professorY
|
|
October 30, 2013, 05:50:02 PM |
|
was there a div since 10/23 ? can't seem to find any info on that...
There should be a div today at some point. |
NotePad.io - Free, secure online notepad. Create & share (or keep private) rich notes, text and images.
|
|
|
|
KS
|
|
October 30, 2013, 05:59:36 PM |
|
0.0035336?
edit: I might be looking at the wrong place...
|
|
|
|
|
|
weaknesswaran
|
|
October 30, 2013, 06:03:07 PM |
|
0.0035336?
edit: I might be looking at the wrong place...
correct. |
|
|
|
|
binaryFate
Legendary
Offline
Activity: 1484
Merit: 1003
Still wild and free
|
|
October 30, 2013, 06:03:15 PM
Last edit: October 30, 2013, 07:36:48 PM by binaryFate |
|
Confirmed
0.035336
EDIT: 0.0035336
|
Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
|
|
|
damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
|
|
October 30, 2013, 06:04:42 PM |
|
wow not that bad.... i was expecting it to be in the .002 range
|
|
|
|
|
|
VolanicEruptor
|
|
October 30, 2013, 06:08:27 PM |
|
Confirmed
0.035336
HOLY SHIT!  |
|
|
|
|
