ASICMINER: Entering the Future of ASIC Mining by Inventing It

[neilol-real]

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

You should look into some theory around how dividend producing assets are typically priced. It depends on the amount and timing of the dividends 

I've placed my bet on yes namely due to the usually irrational swings in market cap with positive and negative news 

[1715101555]

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[1715101555]

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[Chris_Sabian]

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

if divs are good, it can easily go >1BTC my first selling orders are at 1,15BTC

Do you guys remember touching 4 BTC last summer?   good times!

...Yes.  Don't remind me.  That is when I bought (and during the rest of the year as well).

[hdbuck]

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

if divs are good, it can easily go >1BTC my first selling orders are at 1,15BTC

Do you guys remember touching 4 BTC last summer?   good times!

...Yes.  Don't remind me.  That is when I bought (and during the rest of the year as well).

oh sh*t   if thats not too much asking, what's your target price then?

[Chris_Sabian]

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

if divs are good, it can easily go >1BTC my first selling orders are at 1,15BTC

Do you guys remember touching 4 BTC last summer?   good times!

...Yes.  Don't remind me.  That is when I bought (and during the rest of the year as well).

oh sh*t   if thats not too much asking, what's your target price then?

I averaged down during the last 9 months or so.  I will be happy with anything over 1 btc / share

[shawshankinmate37927]

Last two questions.

Does anyone know how much capital is retained from profits for future reinvestment?

Are there any other revenue streams apart from self mining, franchise mining and chip sales?

I don't believe any profits from Gen3 chip sales are going to be retained, thus the "aggressive" dividends.  I think friedcat has enough in reserves to cover Gen4 R&D.

Nope.  Those are the only revenue streams that I'm aware of.

[vortex1878]

Amazing how the price manipulation works on havelock.

Even more amazing how stupid people are (assuming it is not the manipulator(s) selling to themselves):

1. because of the slippage on these low volumes.
2. because the shareprice will inevitably rise very soon (as soon as friedcat farts or eventually pays the next dividend).

So I guess there will be quite a few facepalms.

[neilol-real]

Last two questions.

Does anyone know how much capital is retained from profits for future reinvestment?

Are there any other revenue streams apart from self mining, franchise mining and chip sales?

I don't believe any profits from Gen3 chip sales are going to be retained, thus the "aggressive" dividends.  I think friedcat has enough in reserves to cover Gen4 R&D.

Nope.  Those are the only revenue streams that I'm aware of.

The dividend schedule will be aggressive, as AM will not require large sums of retained capital. The rationale is that AM doesn't need to invest large sums into infrastructure and that the majority of chip production costs will be covered by the business partners on a contract schedule. The new round of dividends are scheduled to begin as soon as the first large purchases have concluded and should precede or coincide with the publication of the updated financial statements.

[bitcoiner49er]

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

if divs are good, it can easily go >1BTC my first selling orders are at 1,15BTC

Do you guys remember touching 4 BTC last summer?   good times!

...Yes.  Don't remind me.  That is when I bought (and during the rest of the year as well).

Why? BTC was $80-100 back then. It's now 4.5x's that. Considering low to no divs and the big lull at ASICminer, I think the stock prices are fair compared to USD.

[minerpumpkin]

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

if divs are good, it can easily go >1BTC my first selling orders are at 1,15BTC

Do you guys remember touching 4 BTC last summer?   good times!

...Yes.  Don't remind me.  That is when I bought (and during the rest of the year as well).

Why? BTC was $80-100 back then. It's now 4.5x's that. Considering low to no divs and the big lull at ASICminer, I think the stock prices are fair compared to USD.

Yeah but it's priced in BTC, the US$ doesn't matter in this case. Please let's not start another US$ discussion.

[ryepdx]

Yeah but it's priced in BTC, the US$ doesn't matter in this case. Please let's not start another US$ discussion.

But it's silly to assume that share value is completely isolated from the price of bitcoin. Share price *does* fluctuate with the price of bitcoin. Why do you imagine it would be otherwise? People trade BTC and fiat too, and to do that some of them have to sell Havelock shares. And the very fact that this has come up demonstrates that it at least affects trader psychology.

[minerpumpkin]

Yeah but it's priced in BTC, the US$ doesn't matter in this case. Please let's not start another US$ discussion.

But it's silly to assume that share value is completely isolated from the price of bitcoin. Share price *does* fluctuate with the price of bitcoin. Why do you imagine it would be otherwise? People trade BTC and fiat too, and to do that some of them have to sell Havelock shares. And the very fact that this has come up demonstrates that it at least affects trader psychology.

Yes, of course it isn't completely isolated, especially when huge fluctuations occur.
***Chris_sabian, please don't read any further***
But it doesn't make sense to claim "but hey, it's still worth a lot more valued in US$" Because if you got off at 4 BTC and just held the BTC, you'd have 8 times of what you have now.

Let's not talk this through again, I believe these discussions are one of the most re-occurring things around here (trading, mining, securities)...

[ryepdx]

Got it. Sounds like a close cousin of the miner's fallacy, except I can actually see how some people in this particular space might be focused on fiat returns rather than BTC returns, which is at least a valid option here. Unlike with miners, where you *are* essentially just buying expensive, noisy Bitcoin options.

[Jonnybitc0in]

I made a graph of asicminer stock in USD prices. I'm mystified at the affect USD/BTC price has on asicminer stock. Certainly cheap shares at the moment.
Charts based on historical data from btct, havelock and bitcoinwisdom. Time not to scale, data is approximate. Related chart and raw data @ http://imgur.com/a/EW74v#0
https://i.imgur.com/pPfLFZ3.png

Edit:
Here's a google doc by request for the asicminer/USD chart. If anyone has past data going back to IPO feel free to add. Hoping for blast off!
https://docs.google.com/spreadsheets/d/1BlP2pp0wPAgcM2o_gp-cbtzEb1Na6hdquWP-n6VddDs/edit?usp=sharing
bitcoin tips appreciated: 1D6boCrAYKGKMgBFqgkJfxrzFm625icFUJ

[neilol-real]

I made a graph of asicminer stock in USD prices. I'm mystified at the affect USD/BTC price has on asicminer stock. Certainly cheap shares at the moment.
Charts based on historical data from btct, havelock and bitcoinwisdom. Time not to scale, data is approximate. Related chart and raw data @ http://imgur.com/a/EW74v#0

Awesome chart, thanks for this work

[aahzmundus]

I made a graph of asicminer stock in USD prices. I'm mystified at the affect USD/BTC price has on asicminer stock. Certainly cheap shares at the moment.
Charts based on historical data from btct, havelock and bitcoinwisdom. Time not to scale, data is approximate. Related chart and raw data @ http://imgur.com/a/EW74v#0

Link to your data in a shared google doc, and post a bitcoin address... for tips!

I would really like to encourage more stuff like this, lots of data about AM is available if you dig it up, and make human sense of it.  I think it really ads value for new investors and old alike to see things like this and put stuff in perspective.

[hdbuck]

with current btc price, breaking AM/USD ATH would be @1BTC/share

first time i'm even hoping for btc price to drop a little bit further... so i guess this summer will be all about timing..

[bitsalame]

with current btc price, breaking AM/USD ATH would be @1BTC/share

first time i'm even hoping for btc price to drop a little bit further... so i guess this summer will be all about timing..

Heh, you read my mind. I'm praying for that lol

[hdbuck]

yea, just sharing my .xls file with exact weekly prices from havelock and stamp.. needed to do it properly by myself, no offense JonnyBitc0in

-> http://sharesend.com/grfu6ryf





edit: plus, here are my divs calcs :



depending if the next due divs correspond only to batch1-april, we should get about 0,023 BTC by the end of this month.
but it can also take into account batch2-may, and we would then have >0,1 BTC for sure!

[vortex1878]

yea, just sharing my .xls file with exact weekly prices from havelock and stamp.. needed to do it properly by myself, no offense JonnyBitc0in

-> http://sharesend.com/grfu6ryf





edit: plus, here are my divs calcs :



depending if the next due divs correspond only to batch1-april, we should get about 0,023 BTC by the end of this month.
but it can also take into account batch2-may, and we would then have >0,1 BTC for sure!

Very nice work. Thx a lot.

After this post I thought you had gone insane.

with current btc price, breaking AM/USD ATH would be @1BTC/share

first time i'm even hoping for btc price to drop a little bit further... so i guess this summer will be all about timing..

But you prove you had not.

[mikemikemike]

Last two questions.

Does anyone know how much capital is retained from profits for future reinvestment?

Are there any other revenue streams apart from self mining, franchise mining and chip sales?

I don't believe any profits from Gen3 chip sales are going to be retained, thus the "aggressive" dividends.  I think friedcat has enough in reserves to cover Gen4 R&D.

Nope.  Those are the only revenue streams that I'm aware of.

The dividend schedule will be aggressive, as AM will not require large sums of retained capital. The rationale is that AM doesn't need to invest large sums into infrastructure and that the majority of chip production costs will be covered by the business partners on a contract schedule. The new round of dividends are scheduled to begin as soon as the first large purchases have concluded and should precede or coincide with the publication of the updated financial statements.

Thanks for this guys. Ill be intouch with the results once I've finished the projections and put together a sizeable amount of capital. Should be tomorrowish