data
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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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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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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
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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
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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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VeeMiner
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November 12, 2013, 02:32:12 PM |
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just buy real-world stocks bitcoin and hold it.
Fixed that for you. nice +1 |
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Chris_Sabian
Legendary
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Activity: 896
Merit: 1001
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November 12, 2013, 08:21:32 PM |
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Im a rather big holder, though not with a forum seat. But i would like to hear where your optimisms comes from. I mean for sure at some point something will move again... but friedcat isnt communicating anymore, we get infos about 5 edges and dates for deployment of more hashingpower or units sold werent met.
I think whining about no information and constantly dropping value and divs is no wonder. In fact it would be a very bad sign for other mining companies.
[/quote]
+1
I agree. I understand that bitcoin mining has become / becoming very competitive and the CEO of a mining company needs to be tight lipped. However, they can say "We are working on the next generation of hardware and hope to have competitive hashing in the next 6 months". This would reassure investors and not provide much information to the competition.
Also, the increase in BTC recently has to only help AM since they pay bills and buy hardware in fiat.
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keeron
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November 12, 2013, 08:31:47 PM |
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No divs or movement on the mining/div wallets. I am guessing they are skipping the divs this week? (instead of a tiny amount, better to skip and have a bigger div payment next week). Though it would be unusual for Asicminer to skip the div payment (would be first time ever)
A cube announcement (1BTC each) would probably offset the lack of divs
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neilol
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November 12, 2013, 08:37:52 PM |
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No divs or movement on the mining/div wallets. I am guessing they are skipping the divs this week? (instead of a tiny amount, better to skip and have a bigger div payment next week). Though it would be unusual for Asicminer to skip the div payment (would be first time ever)
A cube announcement (1BTC each) would probably offset the lack of divs
Divs are paid on Wednesday. |
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keeron
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November 12, 2013, 08:48:32 PM |
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No divs or movement on the mining/div wallets. I am guessing they are skipping the divs this week? (instead of a tiny amount, better to skip and have a bigger div payment next week). Though it would be unusual for Asicminer to skip the div payment (would be first time ever)
A cube announcement (1BTC each) would probably offset the lack of divs
Divs are paid on Wednesday. haha, that is correct. My bad, was a little bit impatient. |
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hlynur
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November 12, 2013, 11:23:50 PM
Last edit: November 12, 2013, 11:34:46 PM by hlynur |
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binaryFate
Legendary
Offline
Activity: 1484
Merit: 1003
Still wild and free
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November 12, 2013, 11:30:10 PM |
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I love the consored sponge bob behind. "Guys let's make some picture of an ASIC device with Sponge Bob!", "Yeeees! Awesome idea!!". |
Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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