RoadStress
Legendary
Offline
Activity: 1904
Merit: 1007
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 07, 2014, 07:58:51 PM |
|
Until then, please move on with your concerns. We all big boys here.
Big boys don't turn their back and try to hide the problems. Big boys face them and deal with them!
|
|
|
|
hdbuck
Legendary
Offline
Activity: 1260
Merit: 1002
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 07, 2014, 08:03:35 PM |
|
Until then, please move on with your concerns. We all big boys here.
Big boys don't turn their back and try to hide the problems. Big boys face them and deal with them! Big boys do what they want, and face the consequences.
|
|
|
|
ensurance982
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 07, 2014, 10:11:50 PM |
|
Yeah, but chips already sold for about $0.35/GH/s in early June, so we're not achieving those prices anymore! But given the trouble with gen 3, we indeed may see gen 4 much earlier than initially planned. We could see sample chips in late October if this is true!
Source for the sales price of $0.35/G in early June, please? http://www.cybtc.com/forum.php?mod=viewthread&tid=7951 1.9 CNY are about $0.31 at the current market rate. These chips were offered for delivery in mid/late June.
|
We Support Currencies: BTC, LTC, USD, EUR, GBP
|
|
|
jimmothy
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 07, 2014, 10:19:53 PM |
|
It's really not even about who you trust more. It just doesn't make any sense to imagine that the Spongebobtech CEO knows more about Asicminer than Asicminers own CEO. Does Guy also know what color underwear I'm wearing?
Why would so many competitors give Guy all this sensitive info? And what kind of NDA prevents him from disclosing the source, yet allows him to disclose all the info? Ok first statement has no sense. Guy never stated that he knows more about AM than AM's CEO. No logic. He just stated what AM's CEO told him. Nothing more. Guy didn't say he knew more about AM than FC but you are the one perpetuating the idea. Friedcat has never said AM was selling chips at wafer cost. Guy started the rumor based on what he heard from a chip integrator and FC outright denied it. Also I am imagining that a meeting between 2 CEOs is a bit different than a 2 regular persons meeting (like you and me) so that's why you don't get this thing about all the sensitive info. You should start thinking outside of your own box of thoughts and admit that not everyone is like you.
Why would any CEO give sensitive/private company info to a competitors CEO who repeatedly spreads rumors on the forums? I'd trust a teenage girl with a secret more than Guy. So you gave me as examples some future predictions and you are comparing them to statements about past and present FACTS! You are either trying to mislead again or your personal logic doesn't let you see that you are comparing apples with oranges. In your own little box of thoughts you think that Guy is wrong about some FACTS just because he was wrong on some future predictions which may or may not come true. I could write a short novel full of nothing but Guy's BS quotes/competition trashing but it's not worth the time. You already know that Guy is constantly wrong about his "insider info" but you're willing to perform mental gymnastics to avoid acknowledging it. Please, for the sake of everyone's intelligence, stop making baseless assumptions and spreading rumors.
|
|
|
|
jimmothy
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 07, 2014, 10:22:20 PM |
|
Yeah, but chips already sold for about $0.35/GH/s in early June, so we're not achieving those prices anymore! But given the trouble with gen 3, we indeed may see gen 4 much earlier than initially planned. We could see sample chips in late October if this is true!
Source for the sales price of $0.35/G in early June, please? http://www.cybtc.com/forum.php?mod=viewthread&tid=7951 1.9 CNY are about $0.31 at the current market rate. These chips were offered for delivery in mid/late June. The price was updated on August 2nd. I do remember it being $0.35 before that though.
|
|
|
|
RoadStress
Legendary
Offline
Activity: 1904
Merit: 1007
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 07, 2014, 10:39:28 PM |
|
Why would any CEO give sensitive/private company info to a competitors CEO who repeatedly spreads rumors on the forums? I'd trust a teenage girl with a secret more than Guy. ... I could write a short novel full of nothing but Guy's BS quotes/competition trashing but it's not worth the time. You already know that Guy is constantly wrong about his "insider info" but you're willing to perform mental gymnastics to avoid acknowledging it.
Please, for the sake of everyone's intelligence, stop making baseless assumptions and spreading rumors.
Guy is a reasonable person and as I said before he will not build his reputation on lies and on fabricated rumors. I am sure that everyone that has met him or had an in-depth conversation with him can admit that he is just not that kind of person. The price was updated on August 2nd.
I do remember it being $0.35 before that though.
How much do you think it's the production cost if they sold chips for that price?
|
|
|
|
jimmothy
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 07, 2014, 10:48:42 PM |
|
The price was updated on August 2nd.
I do remember it being $0.35 before that though.
How much do you think it's the production cost if they sold chips for that price? A while ago FC said wafer cost is less than $0.2/gh. I'd guess ~$0.15/gh for the chips.
|
|
|
|
ensurance982
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 07, 2014, 10:56:12 PM |
|
The price was updated on August 2nd.
I do remember it being $0.35 before that though.
How much do you think it's the production cost if they sold chips for that price? A while ago FC said wafer cost is less than $0.2/gh. I'd guess ~$0.15/gh for the chips. Yes, that seems reasonable. I also believe that the retail price is really close to $0.2/GH/s meanwhile. Gen 3 just didn't do the trick when it comes to selling it in major volume to customers. I do think that self mining will now turn the ship around!
|
We Support Currencies: BTC, LTC, USD, EUR, GBP
|
|
|
RoadStress
Legendary
Offline
Activity: 1904
Merit: 1007
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 07, 2014, 11:21:42 PM |
|
Yes, that seems reasonable. I also believe that the retail price is really close to $0.2/GH/s meanwhile. Gen 3 just didn't do the trick when it comes to selling it in major volume to customers. I do think that self mining will now turn the ship around!
Not at this difficulty and at this exchange rate.
|
|
|
|
Mabsark
Legendary
Offline
Activity: 826
Merit: 1004
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2014, 10:15:31 AM |
|
Yeah, but chips already sold for about $0.35/GH/s in early June, so we're not achieving those prices anymore! But given the trouble with gen 3, we indeed may see gen 4 much earlier than initially planned. We could see sample chips in late October if this is true!
Source for the sales price of $0.35/G in early June, please? http://www.cybtc.com/forum.php?mod=viewthread&tid=7951 1.9 CNY are about $0.31 at the current market rate. These chips were offered for delivery in mid/late June. That's no more a valid source than some guy on Craig's list. For crying out loud, it's an ad in the classifieds. What we do actually know is that on the 5th of June, FC stated that the average selling price of chips was 0.5$/G.
|
|
|
|
jjdub7
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2014, 10:28:29 AM |
|
I've been following those sales addresses previously discussed for some time now, and they do all funnel into maybe 20-30 addresses that seem to be contained within maybe 5-6 wallets. You can tell from things like key sweeps that wallets are clustered, and from the central "node" addresses (like 13p5iQkqBEVgKmPeJqEL2LBRS44PjX1dZL), a number of txs with nice, round amounts get shuffled through and around to new smaller addresses, but occasionally lump to quite large sums.
If these are indeed friedcat/AM's wallets, then damn, he shuffles the funds often and holy hell, AM has a lot of BTC on the books right now. Granted, nothing's appearing in the self-mining addy or in the shareholder payout. And again, I don't expect a large part of what's on the books to be paid out as divs (divs were way, way too large last time, imo).
|
|
|
|
ensurance982
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2014, 05:14:46 PM |
|
I've been following those sales addresses previously discussed for some time now, and they do all funnel into maybe 20-30 addresses that seem to be contained within maybe 5-6 wallets. You can tell from things like key sweeps that wallets are clustered, and from the central "node" addresses (like 13p5iQkqBEVgKmPeJqEL2LBRS44PjX1dZL), a number of txs with nice, round amounts get shuffled through and around to new smaller addresses, but occasionally lump to quite large sums.
If these are indeed friedcat/AM's wallets, then damn, he shuffles the funds often and holy hell, AM has a lot of BTC on the books right now. Granted, nothing's appearing in the self-mining addy or in the shareholder payout. And again, I don't expect a large part of what's on the books to be paid out as divs (divs were way, way too large last time, imo).
He is most likely scaling up as much as he can. Achieving 10% should be the minimum goal in my opinion. He needs to take every income he makes with the current mining power and invest it into new gear, and parts of it of course in gen 4. It is essential that gen 4 is completely funded.
|
We Support Currencies: BTC, LTC, USD, EUR, GBP
|
|
|
laustcozz
Newbie
Offline
Activity: 32
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2014, 05:26:38 PM |
|
He is most likely scaling up as much as he can. Achieving 10% should be the minimum goal in my opinion. He needs to take every income he makes with the current mining power and invest it into new gear, and parts of it of course in gen 4. It is essential that gen 4 is completely funded.
I agree. From what I can see with our limited information, it looks like we nearly ran out of money with the Gen 3 launch, and started with much smaller batches than we should have. Using May sales to pay for July production because we overpaid dividends was IMHO Asicminer's biggest blunder so far. Every day lost to lack of funding was money thrown away. Given the efficiency achieved at 40nm compared to competition coupled with the move to 28 nm and FriedCat's anticipated design improvements, Gen 4 should be something special, and to starve it due to short funding would be criminal.
|
|
|
|
bitcoin.newsfeed
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2014, 06:11:18 PM |
|
Wasn't here for a while, whats new? Dividends in August? 2 or 3 announced interviews? Era of exahash? PR person?
|
... Question Everything, Believe Nothing ...
|
|
|
gogxmagog
Legendary
Offline
Activity: 1456
Merit: 1010
Ad maiora!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2014, 06:33:38 PM |
|
How would a spike in btc USD value affect dividends? Would it even? Rumour has it that Apple new payment system will include btc with paypal. If true= moon
I'm assuming big spike would enable FC to cash out less btc to cover any fiat only costs therefore more btc to go around for us. Would FC hold back dive waiting for price to spike? Would there be logic in this strategy? I really hate waiting like this because I start to worry and think up nightmare scenarios.
|
|
|
|
Bonam
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2014, 06:41:04 PM |
|
How would a spike in btc USD value affect dividends? Would it even?
For dividends to be affected, there have to be dividends...
|
|
|
|
jimmothy
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2014, 06:57:59 PM |
|
How would a spike in btc USD value affect dividends? Would it even?
For dividends to be affected, there have to be dividends... At least nobody here (other than you) is desperate enough to advertise the most obvious ponzi scheme in bitcoin history. Do you have no shame?
|
|
|
|
Bonam
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2014, 07:10:20 PM |
|
At least nobody here (other than you) is desperate enough to advertise the most obvious ponzi scheme in bitcoin history.
Do you have no shame?
If someone offers good money for a sig campaign and daily payments, why not? People should do their own due diligence about the ads they see in the signatures of other members.
|
|
|
|
jimmothy
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2014, 07:22:32 PM |
|
At least nobody here (other than you) is desperate enough to advertise the most obvious ponzi scheme in bitcoin history.
Do you have no shame?
If someone offers good money for a sig campaign and daily payments, why not? People should do their own due diligence about the ads they see in the signatures of other members. You see absolutely nothing wrong with investing in and advertising a ponzi scheme? You're preying on financially ignorant/naive idiots which makes you a borderline scammer for perpetuating such an obvious scam which should have never got off the ground to begin with. Good luck with your scamming.
|
|
|
|
Bonam
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2014, 08:35:49 PM |
|
At least nobody here (other than you) is desperate enough to advertise the most obvious ponzi scheme in bitcoin history.
Do you have no shame?
If someone offers good money for a sig campaign and daily payments, why not? People should do their own due diligence about the ads they see in the signatures of other members. You see absolutely nothing wrong with investing in and advertising a ponzi scheme? You're preying on financially ignorant/naive idiots which makes you a borderline scammer for perpetuating such an obvious scam which should have never got off the ground to begin with. Good luck with your scamming. I have never scammed anybody. If you have a problem with a company that is being advertised in a signature campaign, feel free to post on their threads with your concerns. Back on topic... Asicminer.
|
|
|
|
|