ASICMINER: Entering the Future of ASIC Mining by Inventing It

[necro_nemesis]

Just a quick question on the discrepancy between AM1 and the fractional AM100 stock price. I suspect moving fractional shares to be easier to trade due to greater volume thus more attractive to short term investment. AM1 benefit from 5% greater dividend return due to no administration fees. Historically what has been the price difference between 100 AM100's to an AM1?

Nearly the same.  Not to be rude but both charts are there for viewing havelock, it would be trivial for you to simply... look at both charts.

No offense taken. I attempted to do precisely that but found the exercise difficult given the method of presentation. I saw no harm in simply asking and appreciate the answer in that the arbitrage can provide useful information given there should be a direct correlation.

[101111]

Any dividend predictions?

I'll go for: 0.00060433 BTC/share  

I know better than to try and out guess SmiGuel but just for laffs, 0.00071011

in edit: I see there's a whale  buying up in /auctions

[necro_nemesis]

My guess 0.00048515.

0.5950*4.24%/52

[aahzmundus]

No offense taken. I attempted to do precisely that but found the exercise difficult given the method of presentation. I saw no harm in simply asking and appreciate the answer in that the arbitrage can provide useful information given there should be a direct correlation.

Because I felt bad, I actually looked into it.  In a highly un scientific way I took both charts, put them on the exact same time scale (the full life of AM100) fucked around in photoshop and came out with this in 20 seconds.  http://imgur.com/wKeR9Fb

Initially AM1 (full shares) trade at a premium, many people were not happy with the fee TAT took on these shares.  It seems like people could care less about that fee now, as the difference between the prices is so little it is hardly there... in fact for some points in time fractional shares are above full shares.

in edit: I see there's a whale  buying up in /auctions

Mind posting a link to the relevant auctions?

[SmiGueL]

in edit: I see there's a whale   buying up in /auctions

Mind posting a link to the relevant auctions?

I think he meant lophie.

But lophie mentioned this here before.

[101111]

Mind posting a link to the relevant auctions?

I think he meant Lophie.

But he mentioned this here before.

Yep!

[ThickAsThieves]

No offense taken. I attempted to do precisely that but found the exercise difficult given the method of presentation. I saw no harm in simply asking and appreciate the answer in that the arbitrage can provide useful information given there should be a direct correlation.

Because I felt bad, I actually looked into it.  In a highly un scientific way I took both charts, put them on the exact same time scale (the full life of AM100) fucked around in photoshop and came out with this in 20 seconds.  http://imgur.com/wKeR9Fb

Initially AM1 (full shares) trade at a premium, many people were not happy with the fee TAT took on these shares.  It seems like people could care less about that fee now, as the difference between the prices is so little it is hardly there... in fact for some points in time fractional shares are above full shares.

in edit: I see there's a whale  buying up in /auctions

Mind posting a link to the relevant auctions?

You'll also recall that I always stated that pricing AM100 at 95% of AM1 was a poor method.

Yes, AM100 is (most times) more restricted than AM1, but if you look at the history of how many dividends were withheld and compare that to the premium people paid at times, you'll see I was correct. This will continue to be the case if difficulty increases for the long-term.

The 5% management fee has always been paltry in the scheme of things.

[necro_nemesis]

Was it that dividends were edit "withheld" slow to be paid out as a result of processing the 5% management fee? I'm just trying to appreciate the discrepancies between the two assets when it comes down to the real world.

[ThickAsThieves]

Was it that dividends were edit "withheld" slow to be paid out as a result of processing the 5% management fee? I'm just trying to appreciate the discrepancies between the two assets when it comes down to the real world.

While your question is ill-formed (I don't understand it), all that can truly be said is this: No one person or analysis can speak for a market, it can only speak for itself.

It's up to you to decide how to value the differences between AM1 & AM100.

If you haven't already read ASICMINER's original terms and the full descriptions for each PT that exists, I suggest you do so.

Also, please note that I no longer represent ASICMINER nor any of the PTs, etc.

[necro_nemesis]

I can appreciate leveraging risk and where the fulcrum lies. Don't worry Necro's farm won't be up for sale.

[SmiGueL]

Any dividend predictions?

I'll go for: 0.00060433 BTC/share  

I know better than to try and out guess SmiGuel but just for laffs, 0.00071011

in edit: I see there's a whale   buying up in /auctions

0.00060435BTC/share this week.

More than expected!

[Chris_Sabian]

Any dividend predictions?

I'll go for: 0.00060433 BTC/share  

I know better than to try and out guess SmiGuel but just for laffs, 0.00071011

in edit: I see there's a whale   buying up in /auctions

0.00060435BTC/share this week.

More than expected!  

Can confirm.

[Xu]

0.00060435 confirmed (as if anyone needs to confirm SmiGueL).

SmiGueL was off by 0.00000002...don't know why anyone would trust his estimates any more.

[101111]

0.00060435 confirmed (as if anyone needs to confirm SmiGueL).

SmiGueL was off by 0.00000002...don't know why anyone would trust his estimates any more.

agreed, very sloppy work SmiGuel, tsk tsk

 

[necro_nemesis]

Remarkable prediction.

[Franktank]

Just a quick annual summary:

Since Feb 28, 2013 until Feb 26, 2014, ASICMiner has paid out over the past year:

Total: 220,909.62 BTC
Per Share: 0.6135/Share
Average Weekly Payout: 0.0118/Share

For those that bought in at 0.5/share last Feb and early March, you got your ROI plus some.

[hdbuck]

Just a quick annual summary:

Since Feb 28, 2013 until Feb 26, 2014, ASICMiner has paid out over the past year:

Total: 220,909.62 BTC
Per Share: 0.6135/Share
Average Weekly Payout: 0.0118/Share

For those that bought in at 0.5/share last Feb and early March, you got your ROI plus some.

very much thank you
could it even gets better this year?! very much hope so!

[sonikku13]

Just a quick annual summary:

Since Feb 28, 2013 until Feb 26, 2014, ASICMiner has paid out over the past year:

Total: 220,909.62 BTC
Per Share: 0.6135/Share
Average Weekly Payout: 0.0118/Share

For those that bought in at 0.5/share last Feb and early March, you got your ROI plus some.

very much thank you
could it even gets better this year?! very much hope so!

Probably won't be better this year than when we had 30% of the network. We'll never get that again, just cause of competition. But I envision 1 BTC per share when gen 3 comes out and dividends rise. Or at least 20% to 30% annual dividend yield per share. Which is better than 0.58 BTC/share and a 5% annual dividend yield.

Regardless, I just use ASICMINER shares as a way to keep me from spending BTC willy nilly. But I do spend my BTC pretty quick once I want something. Right now, it's a PS4.

[rudi]

But I envision 1 BTC per share when gen 3 comes out and dividends rise. Or at least 20% to 30% annual dividend yield per share. Which is better than 0.58 BTC/share and a 5% annual dividend yield.

If gen3 is indeed successful, I predict that the days of 30% annual dividend yield are over.
More investors will trust ASICMiner long term and accept lower returns. The current return of 5% anually is actually quite good! After all it's bitcoins we're talking about, not some legacy currency.
Dividends will probably be lower than last year, but we'll see about share prices.

[_mr_e]

But I envision 1 BTC per share...

I'm envisioning quite a bit more. The way the market jumps at even the slightest bit of possible good news really makes me wonder what will happen when it gets some real good news.