ASICMINER: Entering the Future of ASIC Mining by Inventing It

[dhenson]

Free investment advice...

AM1 will drop from .46 to .28 in the next 7 days.

You are welcome.

Based on?

The fact that Gen 3 hasn't even taped out yet and we are dealing with a company that is batting .50 on successful ASIC designs.

They may have a cool hosting system in place, but if Gen 3 doesn't pan out this stock is done.

[jimmothy]

Free investment advice...

AM1 will drop from .46 to .28 in the next 7 days.

You are welcome.

Based on?

The fact that Gen 3 hasn't even taped out yet and we are dealing with a company that is batting .50 on successful ASIC designs.

They may have a cool hosting system in place, but if Gen 3 doesn't pan out this stock is done.

Gen3 tapeout is the reason for the price increase. If they meet deadlines it will go even higher.

[Fordee]

dhenson  --  You sound quite confident in your pricing..

  If you are right and it falls to .28 in the next 7 days,  I'll help you minimize your loss and pain.

  The next time AM hits .28 in the next 14 days, I'll gladly buy each for a premium... umm, say .31 per share

  Feel free to PM me when you want to cash in.  

  * Up to 10 immediately, /w escrow - and up to another 30 if you give me time to get $ to an exchange.
 
 


  

[dhenson]

Gen3 tapeout is the reason for the price increase. If they meet deadlines it will go even higher.

I really don't have a dog in this fight. I haven't owned Asicminer shares since 2.5 btc/share.  However, as a guy with bitcoin to spend, I won't be buying at these prices.

The market is very thin and a single buyer can easily cause a run like we are seeing now.  My statement was simply to warn the newer investors that these prices are unsustainable without better news and waiting might be the better play.

[jimmothy]

Gen3 tapeout is the reason for the price increase. If they meet deadlines it will go even higher.

I really don't have a dog in this fight. I haven't owned Asicminer shares since 2.5 btc/share.  However, as a guy with bitcoin to spend, I won't be buying at these prices.

The market is very thin and a single buyer can easily cause a run like we are seeing now.  My statement was simply to warn the newer investors that these prices are unsustainable without better news and waiting might be the better play.

Thing is all AM has to do to come out on top is deliver. So far the only other asic manufacturer that has shown it can deliver is knc and they wont deliver neptunes for another 6 months. Also does anyone know if bitfury is working on next gen chips?

[Fordee]

I really don't have a dog in this fight. I haven't owned Asicminer shares since 2.5 btc/share.  However, as a guy with bitcoin to spend, I won't be buying at these prices.

The market is very thin and a single buyer can easily cause a run like we are seeing now.  My statement was simply to warn the newer investors that these prices are unsustainable without better news and waiting might be the better play.

+1  Agreed ..  I see a long term future as AM tries to diversify..   The warning is a good one for all new comers looking for easy $.

[empoweoqwj]

Gen3 tapeout is the reason for the price increase. If they meet deadlines it will go even higher.

I really don't have a dog in this fight. I haven't owned Asicminer shares since 2.5 btc/share.  However, as a guy with bitcoin to spend, I won't be buying at these prices.

The market is very thin and a single buyer can easily cause a run like we are seeing now.  My statement was simply to warn the newer investors that these prices are unsustainable without better news and waiting might be the better play.

Noticed you'd been missing for a few months, the fact you sold you shares explains why

There's no reason for it to fall to 0.28 or anything like that in the next 7 days. Tapeout isn't even scheduled in the next 7 days so its not like they can miss a deadline....

[dhenson]

Noticed you'd been missing for a few months, the fact you sold you shares explains why

There's no reason for it to fall to 0.28 or anything like that in the next 7 days. Tapeout isn't even scheduled in the next 7 days so its not like they can miss a deadline....

If I've learned anything from this bitcoin market its that no news is bad news.  Markets trend down in the absence of speculation.  The unfortunate fact is that we've heard all we're going to hear regarding AM1 until tapeout completes.  If one guy decides to buy a block of shares and run the price up, the only certainty is that it's going to return to the previous value in the absence of positive news.

I really wasn't trying to spread FUD, just had a drink too many and posted without thinking.  Go Asicminer!?

[Fordee]

... just had a drink .....  Go Asicminer!?

/Tip +1 drink  -- Compared to other threads, the AM threads are a breath of fresh air and intelligent debate..  Cheers!

[empoweoqwj]

Noticed you'd been missing for a few months, the fact you sold you shares explains why

There's no reason for it to fall to 0.28 or anything like that in the next 7 days. Tapeout isn't even scheduled in the next 7 days so its not like they can miss a deadline....

If I've learned anything from this bitcoin market its that no news is bad news.  Markets trend down in the absence of speculation.  The unfortunate fact is that we've heard all we're going to hear regarding AM1 until tapeout completes.  If one guy decides to buy a block of shares and run the price up, the only certainty is that it's going to return to the previous value in the absence of positive news.

I really wasn't trying to spread FUD, just had a drink too many and posted without thinking.  Go Asicminer!?

Cool. No problem. Just the price bottomed a couple of weeks ago, and is now climbing. Could be one guy, who knows ... but I don't think so ... the general interest level is picking up now tapeout is near.

cheers

[velacreations]

The fact that Gen 3 hasn't even taped out yet and we are dealing with a company that is batting .50 on successful ASIC designs.

They may have a cool hosting system in place, but if Gen 3 doesn't pan out this stock is done.

why is that all of the people that pumped Labcon are now trolling the AM thread?

[empoweoqwj]

The fact that Gen 3 hasn't even taped out yet and we are dealing with a company that is batting .50 on successful ASIC designs.

They may have a cool hosting system in place, but if Gen 3 doesn't pan out this stock is done.

why is that all of the people that pumped Labcon are now trolling the AM thread?

Let's not have a trolling argument please. Thankfully this thread is relatively free of them. The 'ignore' button is always an option

[velacreations]

Let's not have a trolling argument please. Thankfully this thread is relatively free of them. The 'ignore' button is always an option

I just find it interesting that the last few pages are filled with posts from those people.  I wonder if it is related to the surge in price?

[dhenson]

The fact that Gen 3 hasn't even taped out yet and we are dealing with a company that is batting .50 on successful ASIC designs.

They may have a cool hosting system in place, but if Gen 3 doesn't pan out this stock is done.

why is that all of the people that pumped Labcon are now trolling the AM thread?

Lol Vela, I'm not a Labcoin pumper... I'm a Labcoin victim.

However, I do find it interesting that your tune seems to have changed regarding AM.  What turned you around?

[Mabsark]

I appreciate the bullishness but price rising too fast for such a slow process. 12 days to TAPEOUT and not reciving your dividents. So take it easy guys and be more wise about your investments. Not saying ASICMINER isnt great but too fast too high, it smells bubbly....

Some AM shareholders have been telling people that the new chips will be available in January. Seems like the most logical reason for the rise to me.

[Draino]

i don't get why folks--who claim to have nothing invested--argue with passion about how the share price should be going a certain way

it can't be just so they can feel smug when eventually the trend turns, can it?

[empoweoqwj]

i don't get why folks--who claim to have nothing invested--argue with passion about how the share price should be going a certain way

it can't be just so they can feel smug when eventually the trend turns, can it?

People are not rational beings 100% of the time. Wouldn't worry about it.

[dmcdad]

Some AM shareholders have been telling people that the new chips will be available in January. Seems like the most logical reason for the rise to me.

Seriously doubtful on that one.

Are you just referring to the November quote from SmiGuel you dug up? I pretty confident everyone knows that January is just tapeout and hardware is still months away.

If anyone on here is expecting hardware in a few weeks please speak up so we can get a count for maths.

[velacreations]

Lol Vela, I'm not a Labcoin pumper... I'm a Labcoin victim.

is that why you were passing around an ignore list with everyone that was warning newbies about the Labcon scam?  You certainly were pumping it.

When a good number of people were calling "scam", you were saying "not scam, ignore those people!"

I was there, remember?

However, I do find it interesting that your tune seems to have changed regarding AM.  What turned you around?

what tune?  I haven't changed anything on AM.  I just find it interesting that Labcon pumpers like you and Mabsark are hanging around on the AM threads trying to push the price down.  It's interesting, and very telling.

[Mabsark]

Lol Vela, I'm not a Labcoin pumper... I'm a Labcoin victim.

is that why you were passing around an ignore list with everyone that was warning newbies about the Labcon scam?  You certainly were pumping it.

When a good number of people were calling "scam", you were saying "not scam, ignore those people!"

I was there, remember?

However, I do find it interesting that your tune seems to have changed regarding AM.  What turned you around?

what tune?  I haven't changed anything on AM.  I just find it interesting that Labcon pumpers like you and Mabsark are hanging around on the AM threads trying to push the price down.  It's interesting, and very telling.

You said that 6 months ago as well when you were claiming shares were worth at least 5 BTC and I explained why such prices were insane. Was I just trying to push the price down then as well? Looking back now, would you still claim my argument was flawed.

My arguments were perfectly valid back then, even though you couldn't or wilfully refused to understand them. The arguments I recently made are also perfectly valid.

Also, why would me telling people to do the maths themselves push the price down? Wouldn't that only be the case if the maths showed that the shares were overpriced?