RoadStress
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December 06, 2014, 05:43:31 PM |
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I posted that earlier but I deleted the post. I asked AMhash if they were reselling AMHash and was told they were not. The reddit post doesn't mention AMHash though, just ASICminer. So, there might be such a deal in place that AMHash doesn't know about. I thought it best to delete the post until it can be clarified by FC.
Good luck with that. |
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NotLambchop
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December 06, 2014, 09:52:26 PM |
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You know how some people have trouble dealing with grief? Mothers keeping the kid's room untouched for years after a child dies, imagining the kid's going to come home any time now, that sort of thing?
This thread.
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Blazed
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December 06, 2014, 10:02:07 PM
Last edit: December 07, 2014, 12:33:47 AM by Blazedout419 |
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You know how some people have trouble dealing with grief? Mothers keeping the kid's room untouched for years after a child dies, imagining the kid's going to come home any time now, that sort of thing?
This thread.
lol it is amazing how these guys still have faith after everything. If this was ANY other company people would have bailed long a go. I never invested at IPO or paid much attention to AM since their miners back then were so over priced. I just do not see what makes this company so good to people? I can not wrap my head around it... Gen 1 - Over priced, but first to market en masse + made a few people rich with crazy divs Gen 2 - Never launched Gen 3 - Did not perform as expected Gen 4 - Questionable + Very strong competition these days AMHash - Unknown at this point They lack PR/Marketing, Prisma was not well received, not much communication with investors and customers... What do they do well exactly? Edited to not sound so bad... |
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chairforce1
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December 06, 2014, 10:20:17 PM |
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fail fail fail fail fail fail fail fail fail fail fail fail. fail fail fail fail fail fail fail fail fail fail fail fail fail. fail fail fail fail fail fail fail fail fail fail fail fail fail fail fail fail fail fail fail. fail fail fail fail fail fail fail fail fail fail fail fail fail? fail fail fail fail fail fail fail fail...
fail 1 - fail fail, fail fail fail fail fail fail + fail fail fail fail fail fail fail fail
fail 2 - fail
fail 3 - fail
fail 4 - fail + fail fail fail fail fail
fail - fail fail fail fail fail fail fail fail fail...fail fail fail?
fail fail fail/fail, fail fail fail fail, fail fail fail fail... fail fail fail fail fail fail?
Why do people even post here? Some people have diversified portfolios. Sometimes investments work, sometimes they don't. Stahp. |
Death is nothing to us, since when we are, death has not come, and when death has come, we are not. #yolo
-Epicuru$
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Blazed
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December 06, 2014, 11:58:25 PM |
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People post because that is what you do on a public forum. I guess that sounded a bit harsh, but that was not my intention. I am just curious why you guys have so much faith in this company. I honestly am not trying to troll here.
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Fordee
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December 07, 2014, 03:44:03 AM |
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People post because that is what you do on a public forum. I guess that sounded a bit harsh, but that was not my intention. I am just curious why you guys have so much faith in this company. I honestly am not trying to troll here.
I am sure that many have their own reasons. Mine is as follows: I have watched every company in the Asic space since the first Avalons... I have watched the scams, failures, and sucessess.. There are far more of the former than latter. AsicMiner for all of its faults, has not publicly and intentionally misled either by IPO or product.. Yes. They have had setbacks. They also have had many opportunities to run away with astounding sums of money and vanish into the wind, but provided dividends. Yet, they are still here.. This is why I have faith. . They have proven their integrity. For better or worse, they have earned my respect. Anyone else care to share their reason? |
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Blazed
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December 07, 2014, 03:50:53 AM |
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People post because that is what you do on a public forum. I guess that sounded a bit harsh, but that was not my intention. I am just curious why you guys have so much faith in this company. I honestly am not trying to troll here.
I am sure that many have their own reasons. Mine is as follows: I have watched every company in the Asic space since the first Avalons... I have watched the scams, failures, and sucessess.. There are far more of the former than latter. AsicMiner for all of its faults, has not publicly and intentionally misled either by IPO or product.. Yes. They have had setbacks. They also have had many opportunities to run away with astounding sums of money and vanish into the wind, but provided dividends. Yet, they are still here.. This is why I have faith. . They have proven their integrity. For better or worse, they have earned my respect. Anyone else care to share their reason? Thank you this is what I wanted to know. I would like to hear others reply to why they feel the same... |
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BitThink
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December 07, 2014, 04:43:23 AM |
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People post because that is what you do on a public forum. I guess that sounded a bit harsh, but that was not my intention. I am just curious why you guys have so much faith in this company. I honestly am not trying to troll here.
The reason is simple, no matter how bad AM performs, people have to stay because there's no alternatives. It's the only one in the BTC stock market now. Others are almost all scam or failure. |
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armedmilitia
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December 07, 2014, 04:58:18 AM |
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People post because that is what you do on a public forum. I guess that sounded a bit harsh, but that was not my intention. I am just curious why you guys have so much faith in this company. I honestly am not trying to troll here.
They're one of the few that isn't actually a scam. Maybe a crappy company, maybe destined for failure, but above all, they're not a scam. For all the glamour of NEO&BEE, and all the fancy forums of GAW, there's only one investment that I'm not worried about disappearing tomorrow... Who knows, maybe GEN4 will be a success. Sure, it could bomb like GEN2, but nobody really knows until it happens. They've got some time left to get their act together, and it's possible they will... Full disclosure: I own a single share of AM. Maybe I'm trying to pump the price to exit high.  |
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laustcozz
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December 07, 2014, 05:11:38 AM |
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Remember when we mined the block where some poor guy accidentally included a 200 BTC transaction fee? Friedcat refunded it immediately. Nobody could have done anything had he kept it. Thousands of dollars straight out of his own pocket. He didn't waffle about it. He didn't consult the opinions of others. He just did the right thing and gave the guy his money back.
ASICminer may sink or swim. They have made some pretty glaring missteps and pissed away whatever advantage they once had to dominate the market. But they did it honestly. They have paid back 6 times IPO, it isn't Friedcat's fault people got carried away on the price they paid for shares. He could have sold out and walked away a rich man. He didn't.
Whatever problems there have been are understandable albeit disappointing. They are slamming out custom chip designs as fast as they can and rushing them into production. Failure shouldn't be a surprise to anyone. THIS IS NOT AN INVESTMENT, it is speculation. Startups fail, only something like 1 in 10 ever turn a profit for initial investors.
I believe ASICminer's management team is honest. I have reasonable faith they are learning from their mistakes. I am certain that this company is the only shot I have at being profitably involved in mining going forward. I recognize that my money could evaporate into nothing. If Gen 4 succeeds I calculate we could make a tidy profit with today's share price. The last year has sucked, but that is meaningless going forward.
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Fordee
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December 07, 2014, 05:20:21 AM |
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Sure, it could bomb like GEN2, but nobody really knows until it happens.
-- I just wanted to clarify, as I have heard of a Gen2 'failure' many times... </rambling on> Gen 1 was a wild wild success during it's time. Gen 2 and 3 development happened in parallel, and it was determined that the Gen3 path should be followed... In otherwords, Both would have never been born into existence.. one was chosen. No masks were make and wasted on Gen2. It wasn't a 'grand failure'.. Gen3 - A learning experience to say the least.. with timing, packaging and design challenges, Friedcat was honest about the outcome.. Gen4 - Fully paid for. Design issues dedicatedly addressed. Doesn't have to 'blow away the competition'.. It just needs to outlast them on a cost incurred basis. </rambling off> |
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armedmilitia
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December 07, 2014, 05:36:28 AM |
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Sure, it could bomb like GEN2, but nobody really knows until it happens.
-- I just wanted to clarify, as I have heard of a Gen2 'failure' many times... </rambling on> Gen 1 was a wild wild success during it's time. Gen 2 and 3 development happened in parallel, and it was determined that the Gen3 path should be followed... In otherwords, Both would have never been born into existence.. one was chosen. No masks were make and wasted on Gen2. It wasn't a 'grand failure'.. Gen3 - A learning experience to say the least.. with timing, packaging and design challenges, Friedcat was honest about the outcome.. Gen4 - Fully paid for. Design issues dedicatedly addressed. Doesn't have to 'blow away the competition'.. It just needs to outlast them on a cost incurred basis. </rambling off> Fair, never heard much about gen2 other than it's failure. I take it back!  |
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xhomerx10
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December 07, 2014, 01:55:19 PM |
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You didn't just get it; that's two weeks old. Stop causing alarm for nothing. Everyone else is aware of this and it is legit. Read the thread. |
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hdbuck
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December 07, 2014, 02:02:49 PM |
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You didn't just get it; that's two weeks old. Stop causing alarm for nothing. Everyone else is aware of this and it is legit. Read the thread.  |
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Sine(X)
Member
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Activity: 118
Merit: 10
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December 07, 2014, 02:12:46 PM |
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Did AM change strategy and begin/increase self-mining? 20Phs like other manufacturer companies? I'm waiting the lower maintenance (they announced on AMHash thread), less then 0.049$ - fantastic.. Or as AMHash said Magic... |
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arnuschky
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December 07, 2014, 02:56:19 PM |
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Remember when we mined the block where some poor guy accidentally included a 200 BTC transaction fee? Friedcat refunded it immediately. Nobody could have done anything had he kept it. Thousands of dollars straight out of his own pocket. He didn't waffle about it. He didn't consult the opinions of others. He just did the right thing and gave the guy his money back.
ASICminer may sink or swim. They have made some pretty glaring missteps and pissed away whatever advantage they once had to dominate the market. But they did it honestly. They have paid back 6 times IPO, it isn't Friedcat's fault people got carried away on the price they paid for shares. He could have sold out and walked away a rich man. He didn't.
Whatever problems there have been are understandable albeit disappointing. They are slamming out custom chip designs as fast as they can and rushing them into production. Failure shouldn't be a surprise to anyone. THIS IS NOT AN INVESTMENT, it is speculation. Startups fail, only something like 1 in 10 ever turn a profit for initial investors.
I believe ASICminer's management team is honest. I have reasonable faith they are learning from their mistakes. I am certain that this company is the only shot I have at being profitably involved in mining going forward. I recognize that my money could evaporate into nothing. If Gen 4 succeeds I calculate we could make a tidy profit with today's share price. The last year has sucked, but that is meaningless going forward.
This. |
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newIndia
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Activity: 2254
Merit: 1062
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December 07, 2014, 03:03:58 PM |
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Remember when we mined the block where some poor guy accidentally included a 200 BTC transaction fee? Friedcat refunded it immediately. Nobody could have done anything had he kept it. Thousands of dollars straight out of his own pocket. He didn't waffle about it. He didn't consult the opinions of others. He just did the right thing and gave the guy his money back.
ASICminer may sink or swim. They have made some pretty glaring missteps and pissed away whatever advantage they once had to dominate the market. But they did it honestly. They have paid back 6 times IPO, it isn't Friedcat's fault people got carried away on the price they paid for shares. He could have sold out and walked away a rich man. He didn't.
Whatever problems there have been are understandable albeit disappointing. They are slamming out custom chip designs as fast as they can and rushing them into production. Failure shouldn't be a surprise to anyone. THIS IS NOT AN INVESTMENT, it is speculation. Startups fail, only something like 1 in 10 ever turn a profit for initial investors.
I believe ASICminer's management team is honest. I have reasonable faith they are learning from their mistakes. I am certain that this company is the only shot I have at being profitably involved in mining going forward. I recognize that my money could evaporate into nothing. If Gen 4 succeeds I calculate we could make a tidy profit with today's share price. The last year has sucked, but that is meaningless going forward.
This. Do we know the real life identity of this management team, like we do for CEX.io => https://cex.io/about/ ? |
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xhomerx10
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Activity: 4410
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December 07, 2014, 03:27:22 PM |
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You didn't just get it; that's two weeks old. Stop causing alarm for nothing. Everyone else is aware of this and it is legit. Read the thread. Seriously, a hero member comes in here telling us he just got divs. Made me look! ...and I'm still upset about it.  |
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NotLambchop
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December 07, 2014, 05:51:53 PM |
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...
Why do people even post here? Some people have diversified portfolios. Sometimes investments work, sometimes they don't. Stahp.
I was addressing this thread in particular, not being too interested in the rest of your well-balanced portfolio. Since we're on the subject tho, how's that Active Mining investment of yours working out, stackin' cheddar? Everything good? |
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