AMuppInTime
Donator
Sr. Member
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Activity: 290
Merit: 250
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November 11, 2013, 04:08:27 PM |
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@jimmothy: I have a very good idea of what I am talking about - I use quotes.
@BitCsByBit: I do not trust TAT and have been vocal about this in the past - He behaves like a little kid, and does not deserve a "Hero" title in my book. He used to try to heckle people towards his security & only ever tried to help the forum community until he reached board status with AM. I suspect him to be prone to insider trading within the security (have you seen him "gather questions for friedcat" since he got board status and himself has access to private board information?).
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bitcoin.newsfeed
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November 11, 2013, 05:00:53 PM Last edit: November 11, 2013, 07:08:54 PM by bitcoin.newsfeed |
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have you seen him (TAT) "gather questions for friedcat" since he got board status and himself has access to private board information?
Good point. nope. EDIT: Seems like I must become a board member if I want to get any update from company where I am invested in. Only in bitcoinland 
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... Question Everything, Believe Nothing ...
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reactor
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November 11, 2013, 05:10:49 PM |
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@jimmothy: I have a very good idea of what I am talking about - I use quotes.
@BitCsByBit: I do not trust TAT and have been vocal about this in the past - He behaves like a little kid, and does not deserve a "Hero" title in my book. He used to try to heckle people towards his security & only ever tried to help the forum community until he reached board status with AM. I suspect him to be prone to insider trading within the security (have you seen him "gather questions for friedcat" since he got board status and himself has access to private board information?).
Once Havelock stops releasing funds where three people can buy the entire offering in one shot, aka create the feeding frenzy to create a false sense of urgency around funds that are generally overvalued anyway, I'll trust them. Look at the latest casino whatever, 600k shares, max 200k per person. Similar for every recent fund or ipo.
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Rival
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November 11, 2013, 07:13:01 PM Last edit: November 11, 2013, 07:29:04 PM by Rival |
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To provide historical perspective, I posted this in August of 2013:
"With the price of shares of AM so closely tied to the btc/fiat rate, it is becoming difficult to calculate the correct ROI, and to determine if it is in fact positive.
At $90 per bitcoin, AM shares averaged around 4.5 each. 4.5 * 90 = $405.
At $120 per bitcoin, AM shares averaged around 3.3 each. 3.3 * 120 = $396.
At $130 per bitcoin, AM shares average around 2.9 each. 2.9 * 130 = $377.
Today:
At $140 per bitcoin, AM shares average around 2.5 each. 2.5 * 140 = $350."
As of today, that calculation comes out to:
At $370 per bitcoin, AM shares average around 0.65 each. 0.65 * 370 = $240.
If at any point listed you had sold AM shares and just put them into BTC you would have done much better than holding them.
Chart the dollar price per share vs the price of a bitcoin for an intersting surprise.
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Voodah
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November 11, 2013, 08:13:26 PM |
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To provide historical perspective, I posted this in August of 2013:
"With the price of shares of AM so closely tied to the btc/fiat rate, it is becoming difficult to calculate the correct ROI, and to determine if it is in fact positive.
At $90 per bitcoin, AM shares averaged around 4.5 each. 4.5 * 90 = $405.
At $120 per bitcoin, AM shares averaged around 3.3 each. 3.3 * 120 = $396.
At $130 per bitcoin, AM shares average around 2.9 each. 2.9 * 130 = $377.
Today:
At $140 per bitcoin, AM shares average around 2.5 each. 2.5 * 140 = $350."
As of today, that calculation comes out to:
At $370 per bitcoin, AM shares average around 0.65 each. 0.65 * 370 = $240.
If at any point listed you had sold AM shares and just put them into BTC you would have done much better than holding them.
Chart the dollar price per share vs the price of a bitcoin for an intersting surprise.
This was my analysis a couple days ago. AM has become a terrible investment.
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BitFlow
Newbie
Offline
Activity: 18
Merit: 0
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November 11, 2013, 08:18:32 PM |
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To provide historical perspective, I posted this in August of 2013:
"With the price of shares of AM so closely tied to the btc/fiat rate, it is becoming difficult to calculate the correct ROI, and to determine if it is in fact positive.
At $90 per bitcoin, AM shares averaged around 4.5 each. 4.5 * 90 = $405.
At $120 per bitcoin, AM shares averaged around 3.3 each. 3.3 * 120 = $396.
At $130 per bitcoin, AM shares average around 2.9 each. 2.9 * 130 = $377.
Today:
At $140 per bitcoin, AM shares average around 2.5 each. 2.5 * 140 = $350."
As of today, that calculation comes out to:
At $370 per bitcoin, AM shares average around 0.65 each. 0.65 * 370 = $240.
If at any point listed you had sold AM shares and just put them into BTC you would have done much better than holding them.
Chart the dollar price per share vs the price of a bitcoin for an intersting surprise.
This was my analysis a couple days ago. AM has become a terrible investment. I'll buy any amount of AM shares at BTC0.45 per share. 
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superduh
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November 11, 2013, 08:22:07 PM |
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mid nov - what's happening with the TH that were ordered. seems to be very quite on this front
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ok
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data
Member

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Activity: 84
Merit: 10
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November 11, 2013, 11:07:10 PM |
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Each week of patience is lost profit...
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hlynur
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November 11, 2013, 11:28:14 PM |
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Each week of patience is lost profit...
if you invested for shortterm profit and concentrate on weekly timespans i recommend directly trading coins instead of holding AM shares. imo it's better to thoroughly roll out a good concept further in the future instead of doing short moves of exponential growth that have no sustainability in the long run. rome wasn't build in a day.
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data
Member

Offline
Activity: 84
Merit: 10
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November 12, 2013, 12:01:50 AM |
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"With the price of shares of AM so closely tied to the btc/fiat rate, it is becoming difficult to calculate the correct ROI, and to determine if it is in fact positive.
It would always be a bad investment if it's value is going down in the currency in which it is nominated... Why even bother with the conversion to fiat?
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bitsalame
Donator
Hero Member
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Activity: 714
Merit: 510
Preaching the gospel of Satoshi
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November 12, 2013, 12:07:47 AM |
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I am tired of hearing you people cry all the time. If you think it is a bad investment, just sell it to me, I'll gladly get rid of your grief. Bulk orders only.
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VeeMiner
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November 12, 2013, 06:59:23 AM |
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I am tired of hearing you people cry all the time. If you think it is a bad investment, just sell it to me, I'll gladly get rid of your grief. Bulk orders only.
Word of a real man
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bbxx
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November 12, 2013, 07:23:35 AM |
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I think in next few weeks friedcat will be shipping thousands of those cool cubes. They are selling hot at taboo.com, below 1btc. They have nice case, noob friendly power connectors and usb. I hope it is not noisy. Due to btc price rise power cost is small part of mining income and miner production is more profitable. Time to pickup some more cheap shares 
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data
Member

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Activity: 84
Merit: 10
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November 12, 2013, 09:59:27 AM |
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Each week of patience is lost profit...
if you invested for shortterm profit and concentrate on weekly timespans i recommend directly trading coins instead of holding AM shares. Just because I do not want to lose profit I am not invested for the short-term. Stupid example: If apple stopped all sales because they didn't order new stock early enough and were sidetracked by their new curvy iphones, is that not a thing that even long-term investors should not be happy about?
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Franktank
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November 12, 2013, 10:00:05 AM Last edit: November 12, 2013, 10:27:41 AM by Franktank |
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Is it just me or has hashrate increased? I initially thought it was variance but it's been finding more blocks in the last several days, even with the 1-2 PH/s total network increase.
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101111
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November 12, 2013, 10:09:54 AM |
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It has increased but whether that's luck or not I'm not sure.
BTW, anyone know if AM now has facilities somewhere in Europe?
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JimiQ84
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November 12, 2013, 10:44:51 AM |
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Is it just me or has hashrate increased? I initially thought it was variance but it's been finding more blocks in the last several days, even with the 1-2 PH/s total network increase.
for last 15 block it's somewhere around 2.2% of whole network. If we assume network has averaged at 4PH/s that means AM is hashing with 90TH/s. Not counting franchises.
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prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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November 12, 2013, 10:53:28 AM |
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Whats up with the distributed stock that friedcat mentioned a few weeks ago, any updates?
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Lohoris
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November 12, 2013, 12:31:44 PM |
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Everyone seems to price shares by the dividends.
How can you blame them? After all, it's not like you're getting anything should the company close. So the dividends are the only reason to buy the shares. You might argue that people are too much focused on current dividend, ignoring future ones, however with the great amount of scams and failures in the bitcoin world, again, how can you blame them? After all, if you're in for the long run, just buy real-world stocks.
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canth
Legendary
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Activity: 1442
Merit: 1001
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November 12, 2013, 01:05:31 PM |
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Everyone seems to price shares by the dividends.
How can you blame them? After all, it's not like you're getting anything should the company close. So the dividends are the only reason to buy the shares. You might argue that people are too much focused on current dividend, ignoring future ones, however with the great amount of scams and failures in the bitcoin world, again, how can you blame them? After all, if you're in for the long run, just buy real-world stocks bitcoin and hold it.Fixed that for you.
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