ASICMINER: Entering the Future of ASIC Mining by Inventing It

[CrazyGuy]

Looking to buy direct AM shares, contact me via PM.

[1713857077]

1713857077

[yokione]

...
OK, jimmothy:

You own stock in company A, which makes widgets.
I own company A, and want to make your shares worthless.
I form company B, and form a contract to sell it my widgets at laughably low prices.
This bleeds out company A, while I get to keep all muh munyz through company B profits.

So now you know

Well, What if "I", the owner of company A, himself possesses more than 50% shares of company A? And "I" take a risk by collude with all the board members, who possess another 30% shares, only to bleed the rest 20% of the company out...

The TL;DR answer is you don't own 50% of company A, or any company.

What you do own is a few ASICMINER sharez, worth ~50% less than they used to be just a couple of days ago.  That's also bragworthy, in its own way.

Why start with outlandish hypotheticals when equally lulzy personal examples are at hand?

*Now that we're on the same page, what exactly did you wish to know?

Sorry, I'm not English native speaker, maybe I failed to express myself clear.
What I really want to mean is: FC himself already possesses more than 50% shares of AM through BitFountain. I don't find any good reason for him to take a risk by collude with all the board members, who possess another 30% shares, only to bleed the rest 20% of the AM out.

[aahzmundus]

The level of troll in this thread is too damn high.  Not that I want an eco chamber, but would anyone be for moving more thoughtful conversation and speculation elsewhere?  To where, I do not know... but it seems Goat's signature is more then accurate.

[arousedrhino]

The level of troll in this thread is too damn high.  Not that I want an eco chamber, but would anyone be for moving more thoughtful conversation and speculation elsewhere?  To where, I do not know... but it seems Goat's signature is more then accurate.

How about the completely sane speculation thread: https://bitcointalk.org/index.php?topic=235763.new#new

[Swordsoffreedom]

The level of troll in this thread is too damn high.  Not that I want an eco chamber, but would anyone be for moving more thoughtful conversation and speculation elsewhere?  To where, I do not know... but it seems Goat's signature is more then accurate.

How about the completely sane speculation thread: https://bitcointalk.org/index.php?topic=235763.new#new

You know things are weird when the speculation thread is the normal thread and the main thread is the one that is going bonkers

[AcoinL.L.C]

Dropped from $170 to $140 in less than 3 hours. Insane. At the rate its going AM shares will be lower than $100 within the next 6 hours 

[jimmothy]

Dropped from $170 to $140 in less than 3 hours. Insane. At the rate its going AM shares will be lower than $100 within the next 6 hours 

And after the dumping of 500 shares the price nearly doubled within hours! At this rate we will be at 4btc/share within a day.

[Ozziecoin]

Too early to dump. The real situation has not been made clear.

[RoadStress]

Too early to dump. The real situation has not been made clear.

Until you know how much profit do you make for each GH/s sold and how much profit do the distributors have for each GH/s sold things won't be clear.

[willBTC]

Too early to dump. The real situation has not been made clear.

Until you know how much profit do you make for each GH/s sold and how much profit do the distributors have for each GH/s sold things won't be clear.

As I know, per G price is 2.2RMB in china for the June's batch， but it's pre-order not for goods in stock.
link: http://www.cybtc.com/forum.php?mod=viewthread&tid=7951&highlight=%E7%83%A4%E7%8C%AB

[minerpumpkin]

Too early to dump. The real situation has not been made clear.

Until you know how much profit do you make for each GH/s sold and how much profit do the distributors have for each GH/s sold things won't be clear.

As I know, per G price is 2.2RMB in china for the June's batch， but it's pre-order not for goods in stock.
link: http://www.cybtc.com/forum.php?mod=viewthread&tid=7951&highlight=%E7%83%A4%E7%8C%AB

About 0.35 US$ for the lazy ones
Like suggested earlier, even 0.4 $/GH/s will be difficult to achieve. As long as the estimated production costs are not that far off, AM will make a profit but can hardly issue a dividend.

[zoro1]

I think AM should check out peershares method for distributing dividents.
Although it is in beta phase

[RoadStress]

Too early to dump. The real situation has not been made clear.

Until you know how much profit do you make for each GH/s sold and how much profit do the distributors have for each GH/s sold things won't be clear.

As I know, per G price is 2.2RMB in china for the June's batch， but it's pre-order not for goods in stock.
link: http://www.cybtc.com/forum.php?mod=viewthread&tid=7951&highlight=%E7%83%A4%E7%8C%AB

About 0.35 US$ for the lazy ones
Like suggested earlier, even 0.4 $/GH/s will be difficult to achieve. As long as the estimated production costs are not that far off, AM will make a profit but can hardly issue a dividend.

So 0.4$GH sold by the distributors? Do the distributors have a bigger profit margin than AM?

[Ozziecoin]

Too early to dump. The real situation has not been made clear.

Until you know how much profit do you make for each GH/s sold and how much profit do the distributors have for each GH/s sold things won't be clear.

As I know, per G price is 2.2RMB in china for the June's batch， but it's pre-order not for goods in stock.
link: http://www.cybtc.com/forum.php?mod=viewthread&tid=7951&highlight=%E7%83%A4%E7%8C%AB

About 0.35 US$ for the lazy ones
Like suggested earlier, even 0.4 $/GH/s will be difficult to achieve. As long as the estimated production costs are not that far off, AM will make a profit but can hardly issue a dividend.

So 0.4$GH sold by the distributors? Do the distributors have a bigger profit margin than AM?

FC is a smart operator. It doesn't sound right that he would sell for USD$0.35.  I believed it was going to be between $0.50 and $0.99 per GH/s.

[KS]

Given the time sensitivity of this market, FC might have chosen to sell at a lower price to bring in the cash sooner in order to ramp up production faster.

Speculation is like religion. You either believe or you don't. If you don't, get out.

[Whtwabbit]

Given the time sensitivity of this market, FC might have chosen to sell at a lower price to bring in the cash sooner in order to ramp up production faster.

Speculation is like religion. You either believe or you don't. If you don't, get out.

Or maybe FC is trying to suffocate the comp with underpriced ghs

[Mabsark]

There will be three modes of orders: Immediate delivery, 2-month delivery and 3-month delivery, with the price getting lower one by one. For 2-month and 3-month delivery, premium + balance payment may be supported to enhance liquidity and enable larger orders.

[El Cabron]

The level of troll in this thread is too damn high.  Not that I want an eco chamber, but would anyone be for moving more thoughtful conversation and speculation elsewhere?  To where, I do not know... but it seems Goat's signature is more then accurate.

If there is a good core group of you who want to join cryptocrypt.org we can set up your own thread or even subsection if you want. The forum is moderated and the only rules are pretty much is no trolling and be respectful. I like to troll as much as others but there is a time and a place for it. It is really hard to know what is going on with AM with all this noise. The other forum has much more signal and from a decent group of guys.

Let me know.

[minerpumpkin]

About 0.35 US$ for the lazy ones
Like suggested earlier, even 0.4 $/GH/s will be difficult to achieve. As long as the estimated production costs are not that far off, AM will make a profit but can hardly issue a dividend.

So 0.4$GH sold by the distributors? Do the distributors have a bigger profit margin than AM?

Hum? I'm asking how AM is possibly going to sell for more than $0.4 if the "retail" (even preorder) price for June is already at $0.35. I used a price of $0.4 in my optimistic-realistic calculation on the last page. I don't see a scenario where we are selling chips for more than $0.4 after June. And even for June it's questionable.
And yes, my sentiment has changed since the financial report.

[El Cabron]

About 0.35 US$ for the lazy ones
Like suggested earlier, even 0.4 $/GH/s will be difficult to achieve. As long as the estimated production costs are not that far off, AM will make a profit but can hardly issue a dividend.

So 0.4$GH sold by the distributors? Do the distributors have a bigger profit margin than AM?

Hum? I'm asking how AM is possibly going to sell for more than $0.4 if the "retail" (even preorder) price for June is already at $0.35. I used a price of $0.4 in my optimistic-realistic calculation on the last page. I don't see a scenario where we are selling chips for more than $0.4 after June. And even for June it's questionable.
And yes, my sentiment has changed since the financial report.

We are selling chips to other umbrella operations, I have seen some of the IPOs listed on the forum. Did they happen to prepay for all the stuff we are going to make? Is this known to us?