ASICMINER: Entering the Future of ASIC Mining by Inventing It

[hdbuck]

share price on the verge of total collapse, i think AM is doomed

Yes. It's doomed. Because a companies success has always been based on what people think its value is. Not its product or sales. Ignore that shit

plus its not like if there was some high volumes on Havelock. imo its just some smartasses selling single shares at cheap price to make you feel like its really tanking before loading up on your panic sells.

[ujka]

Am I correct in assuming that for every chip sold, an average of $0.50 will go towards dividends?

Quoted price is for 1 Gh/s. Chips are about 12Gh/s.

What?? That can't be correct. Where are you getting that information?

https://bitcointalk.org/index.php?topic=438359.msg4816701#msg4816701

Price range
0.49$/G-0.99$/G, depending on order size and delivery speed of choice.

That's price not profit. Does anyone have an idea of their actual margins?

Found some old quote from friedcat, saying wafer cost is <0.2$/G
https://bitcointalk.org/index.php?topic=99497.msg3676193#msg3676193

[mikemikemike]

Am I correct in assuming that for every chip sold, an average of $0.50 will go towards dividends?

Quoted price is for 1 Gh/s. Chips are about 12Gh/s.

What?? That can't be correct. Where are you getting that information?

https://bitcointalk.org/index.php?topic=438359.msg4816701#msg4816701

Price range
0.49$/G-0.99$/G, depending on order size and delivery speed of choice.

That's price not profit. Does anyone have an idea of their actual margins?

Found some old quote from friedcat, saying wafer cost is <0.2$/G
https://bitcointalk.org/index.php?topic=99497.msg3676193#msg3676193

Cheers for this.

[willBTC]

Just can't understand why people dump the shares again...

[Sledge]

Just can't understand why people dump the shares again...

They are people like you and I. They have bitcoins that they invest in shares. They have needs in real life. Some of their investments they can keep for long periods so that they can reap the rewards. Some, they can't. The liquidity on Havelock is not exactly great. Combined with the fact that dividends have ceased, and communications are minimal, and that things don't seem to be moving, some people cannot/will not wait, so more shares are being sold than bought, thus driving the price down. Look at the chart of every stock on Havelock. All of them go down in time. AM is no exception. Some people are coming to the conclusion that there is no money to be made there in the long term.

Personally, I think it will go back up as soon as some dividends start to come in and also when Friedcat posts something so people can be more assured.

[necro_nemesis]

One can also look at a decline in share price as opportunity.

Nothing has changed internally. Externally the forcast pressures remain largely unchanged. The rest appears to be shareholder sentiment and that can be advantageous depending on what position your taking.

[_mr_e]

Just can't understand why people dump the shares again...

They are people like you and I. They have bitcoins that they invest in shares. They have needs in real life. Some of their investments they can keep for long periods so that they can reap the rewards. Some, they can't. The liquidity on Havelock is not exactly great. Combined with the fact that dividends have ceased, and communications are minimal, and that things don't seem to be moving, some people cannot/will not wait, so more shares are being sold than bought, thus driving the price down. Look at the chart of every stock on Havelock. All of them go down in time. AM is no exception. Some people are coming to the conclusion that there is no money to be made there in the long term.

Personally, I think it will go back up as soon as some dividends start to come in and also when Friedcat posts something so people can be more assured.

They only have to wait 8 measly days... And why aren't the people that know this picking these cheap shares up?? I've been a believer but I must say this is worrying me a little... Does somebody know something we don't?

[hdbuck]

Just can't understand why people dump the shares again...

They are people like you and I. They have bitcoins that they invest in shares. They have needs in real life. Some of their investments they can keep for long periods so that they can reap the rewards. Some, they can't. The liquidity on Havelock is not exactly great. Combined with the fact that dividends have ceased, and communications are minimal, and that things don't seem to be moving, some people cannot/will not wait, so more shares are being sold than bought, thus driving the price down. Look at the chart of every stock on Havelock. All of them go down in time. AM is no exception. Some people are coming to the conclusion that there is no money to be made there in the long term.

Personally, I think it will go back up as soon as some dividends start to come in and also when Friedcat posts something so people can be more assured.

They only have to wait 8 measly days... And why aren't the people that know this picking these cheap shares up?? I've been a believer but I must say this is worrying me a little... Does somebody know something we don't?

always.

[_mr_e]

Just can't understand why people dump the shares again...

They are people like you and I. They have bitcoins that they invest in shares. They have needs in real life. Some of their investments they can keep for long periods so that they can reap the rewards. Some, they can't. The liquidity on Havelock is not exactly great. Combined with the fact that dividends have ceased, and communications are minimal, and that things don't seem to be moving, some people cannot/will not wait, so more shares are being sold than bought, thus driving the price down. Look at the chart of every stock on Havelock. All of them go down in time. AM is no exception. Some people are coming to the conclusion that there is no money to be made there in the long term.

Personally, I think it will go back up as soon as some dividends start to come in and also when Friedcat posts something so people can be more assured.

They only have to wait 8 measly days... And why aren't the people that know this picking these cheap shares up?? I've been a believer but I must say this is worrying me a little... Does somebody know something we don't?

always.

I feel much better:D

[BitHub]

I think someone inside AM knows something is seriously wrong and is cashing out, its very worrying. The share price is going to collapse so much that when divs and good times are back its only going to go to like .5 btc a share, if that. This sucks.

[minerpumpkin]

Just can't understand why people dump the shares again...

They are people like you and I. They have bitcoins that they invest in shares. They have needs in real life. Some of their investments they can keep for long periods so that they can reap the rewards. Some, they can't. The liquidity on Havelock is not exactly great. Combined with the fact that dividends have ceased, and communications are minimal, and that things don't seem to be moving, some people cannot/will not wait, so more shares are being sold than bought, thus driving the price down. Look at the chart of every stock on Havelock. All of them go down in time. AM is no exception. Some people are coming to the conclusion that there is no money to be made there in the long term.

Personally, I think it will go back up as soon as some dividends start to come in and also when Friedcat posts something so people can be more assured.

They only have to wait 8 measly days... And why aren't the people that know this picking these cheap shares up?? I've been a believer but I must say this is worrying me a little... Does somebody know something we don't?

Actually 12 days, if we're waiting for the 27th. I believe everyone 'believing' in AM has simply filled up their portfolio as much as they can afford or allow themselves to.
This may also be pure manipulation, e.g. someone partially selling those shares to themselves in order to drive the price down.

[minerpumpkin]

I think someone inside AM knows something is seriously wrong and is cashing out, its very worrying. The share price is going to collapse so much that when divs and good times are back its only going to go to like .5 btc a share, if that. This sucks.

You are seriously FUDin right now. Either this is trolling and/or trying to buy cheaper. But spreading those unfounded rumors is just annoying. Anyone 'inside' AM has more shares than Havelock's order book could sustain.

[BitHub]

i'm just worried about share price completely collapsing. someone please save it

[minerpumpkin]

i'm just worried about share price completely collapsing. someone please save it

It's a bit unnerving, yes. Granted, sure! But it simply doesn't affect the outcome of ASICMiner's endeavours. Friedcat won't be like "Whoa, the share price crashed to 0.3 BTC, if it doesn't get back to at least 0.55 we won't be able to sell a single chip!"
If it only goes up to 0.5 after dividends come in, with the income of the first 3 months, we would be at an APR or 50%! Well, I don't believe this is going to happen without the share price reacting accordingly.

[mikemikemike]

i'm just worried about share price completely collapsing. someone please save it

It's a bit unnerving, yes. Granted, sure! But it simply doesn't affect the outcome of ASICMiner's endeavours. Friedcat won't be like "Whoa, the share price crashed to 0.3 BTC, if it doesn't get back to at least 0.55 we won't be able to sell a single chip!"
If it only goes up to 0.5 after dividends come in, with the income of the first 3 months, we would be at an APR or 50%! Well, I don't believe this is going to happen without the share price reacting accordingly.

Has anyone actually run the numbers? I'd like to take a look

[_mr_e]

If it only goes up to 0.5 after dividends come in, with the income of the first 3 months, we would be at an APR or 50%! Well, I don't believe this is going to happen without the share price reacting accordingly.

I would pop a serious FriedBoner!

[necro_nemesis]

The book in a wide spectrum of prices is thin. There could be enormous swings here in the price based on a very small percentage of the company changing hands. A relatively small percentage of shares trading could result in significant swings. What remains is div are paid for the number of shares owned so the objective is to own not value the shares if your working on the basis of value being in the dividend.

[BitHub]

do you think it could go above .5 once divs are here?

[minerpumpkin]

i'm just worried about share price completely collapsing. someone please save it

It's a bit unnerving, yes. Granted, sure! But it simply doesn't affect the outcome of ASICMiner's endeavours. Friedcat won't be like "Whoa, the share price crashed to 0.3 BTC, if it doesn't get back to at least 0.55 we won't be able to sell a single chip!"
If it only goes up to 0.5 after dividends come in, with the income of the first 3 months, we would be at an APR or 50%! Well, I don't believe this is going to happen without the share price reacting accordingly.

Has anyone actually run the numbers? I'd like to take a look

Although Jimmothy is known to be quite some optimist, I've done a brief calculation myself as soon as the chip amounts became public and independently ended up with about the same results.
It remains to be seen whether the price of the chips stays the same.

1) What is the status, size, and expected delivery of the next batch of chips? What about the one after that?
re 1) This month: 850k, next month: 3.35m (order size), June: 6.7m (order size), assuming each chip is 10G.

100Ph at $0.5 profit per gh = $50,000,000 or 100,000 btc

100,000/400,000 = 0.25 btc per share. Not bad.

[_mr_e]

do you think it could go above .5 once divs are here?

It's already been higher then .6 with no divs here at all... so yes I believe it should go even higher.