ASICMINER: Entering the Future of ASIC Mining by Inventing It

[mrlupin]

Watching the AM stock price move over the last week is a remarkable exercise in psychology, to see emerge a cycle of greed followed by a cycle of fear.

[freedomno1]

Watching the AM stock price move over the last week is a remarkable exercise in psychology, to see emerge a cycle of greed followed by a cycle of fear.

It is an interesting cycle trying to find the optimal is the challenge though

[BitThink]

It's clearly a pump and dump.

Whenever a company announces an important date in advance, it has the responsibility to keep every shareholders informed at that date whatever the progress is. Otherwise, it shlould be punished by introducing an apparent chance of pump and dump.

Friedcat has definitely handled PR quite badly this time. In real stock market, he could have already be investigated by the regulation authority.

[kirawei]

think someone is making the price down and then buy back!!! use people's fear!!

[jimmothy]

think someone is making the price down and then buy back!!! use people's fear!!

Would explain why exactly after 100 shares are sold someone wants to buy 100 shares. Sucks to be that guy since hes not gonna get his shares back.

[empoweoqwj]

think someone is making the price down and then buy back!!! use people's fear!!

People pushed the price up to 0.70BTC for no other reason than the 20th January was approaching. I said how stupid it was at the time to buy based purely on a date. Those same people are now being punished by the price drop. There is no "conspiracy" here or game playing, just bad tactics.

[kirawei]

think its time to buy!!! I am starting to bid!

[BitThink]

think someone is making the price down and then buy back!!! use people's fear!!

People pushed the price up to 0.70BTC for no other reason than the 20th January was approaching. I said how stupid it was at the time to buy based purely on a date. Those same people are now being punished by the price drop. There is no "conspiracy" here or game playing, just bad tactics.

That's exactly why a public company should be very careful in announcing an exact date of important milestone. Once you announced, you have responsibility to keep updating the progress.

Moreover, a hero member said couple of pages before that he got reply from Friedcat on 17 Jan that 'everything is still on track about the taping out on 20 Jan'. Do you know what this mean? If this is true, friedcat has clearly violated the security market rule. He gave an important information to his friend but keep all other investors in the dark. In real stock market, this could lead him to the jail.

I know BTC stock market is the wild west, and no rule here at all, but I really think this kind of things make me believe that AM, and the whole BTC stock market, is not worth investing any more. It's just a place for insiders to grab wealth from the new comers. For all new comers, keep your BTC in cold storage and you will never regret about that.

[smilence]

think someone is making the price down and then buy back!!! use people's fear!!

People pushed the price up to 0.70BTC for no other reason than the 20th January was approaching. I said how stupid it was at the time to buy based purely on a date. Those same people are now being punished by the price drop. There is no "conspiracy" here or game playing, just bad tactics.

That's exactly why a public company should be very careful in announcing an exact date of important milestone. Once you announced, you have responsibility to keep updating the progress.

Moreover, a hero member said couple of pages before that he got reply from Friedcat on 17 Jan that 'everything is still on track about the taping out on 20 Jan'. Do you know what this mean? If this is true, friedcat has clearly violated the security market rule. He gave an important information to his friend but keep all other investors in the dark. In real stock market, this could lead him to the jail.

I know BTC stock market is the wild west, and no rule here at all, but I really think this kind of things make me believe that AM, and the whole BTC stock market, is not worth investing any more. It's just a place for insiders to grab wealth from the new comers. For all new comers, keep your BTC in cold storage and you will never regret about that.

I can't agree more, Friedcat can tell progresses to some random girl and board members, but not us...

[empoweoqwj]

think someone is making the price down and then buy back!!! use people's fear!!

People pushed the price up to 0.70BTC for no other reason than the 20th January was approaching. I said how stupid it was at the time to buy based purely on a date. Those same people are now being punished by the price drop. There is no "conspiracy" here or game playing, just bad tactics.

That's exactly why a public company should be very careful in announcing an exact date of important milestone. Once you announced, you have responsibility to keep updating the progress.

Moreover, a hero member said couple of pages before that he got reply from Friedcat on 17 Jan that 'everything is still on track about the taping out on 20 Jan'. Do you know what this mean? If this is true, friedcat has clearly violated the security market rule. He gave an important information to his friend but keep all other investors in the dark. In real stock market, this could lead him to the jail.

I know BTC stock market is the wild west, and no rule here at all, but I really think this kind of things make me believe that AM, and the whole BTC stock market, is not worth investing any more. It's just a place for insiders to grab wealth from the new comers. For all new comers, keep your BTC in cold storage and you will never regret about that.

I kind of agree, but like you say, this isn't a real stock market, so we can't lock FC up Also, just because a hero member said something doesn't necessarily make it true. I asked in this thread where he got this info and he didn't reply. Who knows, he could have been "playing the market".

its a really murky world for sure. But Wall St is just as bad, if not worse.

[Caesium]

He's a board member isn't he? So a vested interest, but in in a position to potentially know more than we do.

[empoweoqwj]

He's a board member isn't he? So a vested interest, but in in a position to potentially know more than we do.

The problem comes if and when board members get told things and FC doesn't announce to us plebby shareholders. If he does that, he is clearly favouring board members over other shareholders. If that has happened, it is totally unacceptable. Has it happened over the tapeout thing? If so, this has to be the last time.

[empoweoqwj]

He's a board member isn't he? So a vested interest, but in in a position to potentially know more than we do.

The problem comes if and when board members get told things and FC doesn't announce to us plebby shareholders. If he does that, he is clearly favouring board members over other shareholders. If that has happened, it is totally unacceptable. Has it happened over the tapeout thing? If so, this has to be the last time.

But why would it matter to you? you sold out earlier didn't you?

I've sold out 50% of my holdings now, price is too low now to cash out the rest.

[topminingcontracts]

Where can I buy ASICminer shares?

[Caesium]

https://www.havelockinvestments.com/fund.php?symbol=AM1

Or watch for direct auctions in this forum..

[wwtree]

it should go down to 0.01 after other high performance asic machine came on the market.

[empoweoqwj]

it should go down to 0.01 after other high performance asic machine came on the market.

Well it will go down to 0 unless AM produce something in the next few months. Jury's out on that one.

[superduh]

it should go down to 0.01 after other high performance asic machine came on the market.

Well it will go down to 0 unless AM produce something in the next few months. Jury's out on that one.

obviously, but whats the point of stating it.

company fails price goes to 0 company succeeds price goes higher

[steamon]

Lol this stock moves a lot on rumors. Just relax and wait on Friedcat.

[BitHub]

Anyone have FC's real details i think its time for the lawsuit.