869300+ entries in 0.576s
bgupta: These new IPOs are all late
to
the party..
the mining war is in full force… it's gonna get ugly.
bobbabad: you dont
think $2 per GH has appeal (if you were
to belive in it)
Namworld: It doesn't have half
the appeal ASICMINER had. And ASICMINER was one heck of a lucky shot for everyone who had some of
that.
bgupta: dreaming of
these whatifs are making people make bad investing decisions
today.
Namworld: I didn't have coins
there. Well so I
thought. But apparently I had indirect exposure left and right.
bobbabad: hey guys, don't cry over spilled milk... you still got a chance
to be a bitcoin millionare... all-in for labcoin is all I got
to say
Namworld: I could have had
thousands more if I put everything in it, eheh.
Namworld: If I'd put all my money in it. I had
thousands I sold back a bit over 0.10 and 696 I sold at 0.4
Namworld: Pretty much
the same here. I should have gone all in. I'd be millionaire. Multiple
times.
bobbabad: did you actually get in on
the IPO?
bobbabad: imagine dub you would have gotten
that puppy when you were supposed
to.. you would be rich son
gribble: Next difficulty estimate | None based on data since last change | 57392504.6501 based on data for last
three days
bgupta: so how long did you wait for
that?
dub: were,
this is
the asic
dub: spent sunday making a nice little mining space in
the attic,
the single is looking lonely
dub: I'll jump in when
the price is right
too
bgupta: AM hardware prices will soon be getting
to
the point I might actually buy some USB sticks for gifts and/or novelty factor.
dub: granted it is in my interest
that
they have not already run away
bgupta: Yes seems
they have been pricing
there hardware at
the point
to maximize revenue.. and oddly people have been buying since
they have consistently been
the only provider
than can ship without a huge delay.
dub: im not sure how you
take
that away
bgupta: dub: Yes.. pretty much all mining assets at
this point carry great risk, including ASICMINER. However, looking over
the assets
trading on
the exchanges, AM appears
to be
the only one where
the shareholders' interests are almost completely aligned with management's.
dub: other
than
the farm obv
dub: i havn't looked in detail but I'd be surprised if any AM hardware in
the wild will actually make money
dub: they let
the
the infected set
the price
dub: to date AM have been open about pricing in
the asic fever
bobbabad: it would not be out of
the question for
them
to compete at reatil with HashFast, KNC at around 15 bucks per GH
to costumer
bobbabad: the big question is...
the block eruptor blade from AM will set you back $84 per GH in hardware, retail... Labcoin hope
their chip will be $2-3 per GH in manufacture cost.. now Im sure ASIC miner has insane profit margins, since
theyre
the only ones with a
track record of shipping.. but still, if labcoin can produce even close
to what
they project
dub: bgupta: scam is probably a stretch yes, I
think its important
that people understand
that buying in now carries significant risk
Ogedei_: interesting
that
they only raised 400k$, while btcgarden wanted
to raise 3.2million?
Namworld: 0.46 at a high price per BTC compared
to IPO prices
bgupta: sadly I was not one of
them
bgupta: yeah.. I have a feeling
that
there were people who did
that.
bgupta: what was btc at when
they IPOed?
bobbabad: I wonder where
they would have been if
they rather
then paying out such large amount in dividens every week used more agressivly
to expand
the companies growth after
the inital IPO was paid back in div
Ogedei_: 0.5ish btc per share i
think
bgupta: Almost all other mining assets seem
to pit
the interests of
the issuers against
those of
the shareholders.
bobbabad: whats
the
total paid out in div from AM since IPO?
afrotec: while not a scam at it's inception, or even
today, something unknown event could cause
those runnung
the company
to act in a manner contrary
to
their public perception
bgupta: err meant
to say "paid out a lot more divs
than
they have collected from IPO"
bgupta: but just saying, scam is unlikely at
this point.)
bgupta: Dub: ASICMINER could disappear
tomorrow, but if
they were a scam, why would
they keep it going
this long?
They have paid out a lot of divs compared
to what
they have collected, if
they were gonna bail it would have been way more profitable
to do so months ago.
To me AM seems
the one mining asset where
the interests of management are aligned with
those of shareholders. (That doesn't mean
they are a good investm
bobbabad: if we only could get some fucking good news from labcoin... my gut feeling
tells me
they will fail
to deliver on
their promises
though
dub: but
they have delivered more
than an awful lot of words (activeminer) and
the suggestion
that reputable people are involved (labcoin)
dub: the fact
that
they refuse
to create more of a footprint
than a forum account suggests
they are leaving
themselves
that option
dub: they could vanish without a
trace
tomorrow as well
Namworld: ASICMINER could probably roll out a next gen ASIC miner in
the
time it would
take for
the others out
there
to realize
they won't have
their stuff ready until 2 years later.
That is, if
they weren't scams.
dub: I said noting of
the sort
bobbabad: well you just said
that it was better
to invest in
them compared
to
the pipe dreams out
there?
Ogedei_: also labcoin is based in HK wich is prolly a good
thing aswell
bobbabad: Im not sure
they fully know what
theyre doing, but I dont
think labcoin is a scam
Ogedei_: prolly a good
thing now
though, with
these extortions etc
bobbabad: the guys names, photos of
them, adress, etc.. still dont even know friedcasts name
Ogedei_: yeah labcoin seems
the least "scammy" but dunno if
that says alot lol
bobbabad: will, if you look at labcoin and activemining, we have one
thousand
times more background details compared
to what we had on asicminer when
they did
their ipo..
thats investing, part gambling, no?
dub: or in DT's case a history of delivering investors BTC into
the pocket of various
thieves
dub: but its perfectly sane
to invest in a 'company'
that is nothing more
than a forum post by people with no history of delivering anything
bobbabad: I
think its a crazy bet
to
think
that all new asic companies will fail as well
bobbabad: if BFL were able
to deliver on inital estimates
there wouldnt be an asicminer
today
bobbabad: sure, but
they are pretty late
to
the party in regards
to releasing next gen miners, right?
theyre only hope is
that everyone else is failing it seems?
dub: well
they are an actual asic producer rather
than a pipe dream, might count for something
bobbabad: Im supprised how much of
the btcgarden coins got funnelled into asicminer... did I miss any news since price details on
the blades?
dub: "I have locked some of
this scam - Love burnside"
Ogedei_: 75% of
their shares at least?
Ogedei_: pretty sure burnside confirmed
that
they are locked if
thats what you mean
afrotec: did labcoin prove
the locked shares yet?
afrotec: did labcoin prove
the locked shares yet?
Urushiol: seems
that maybe
the btcgarden funds are finding
their way
to other homes
dub: can't email something out of
there
dub: thestringpuller:
the supoena list
dub: deadterra waiting a full nanosecond
to start raping icedrill marks
Graet: dont see gavin on
the list - he'd be a pretty important btc person i
think ;)
ozbot: Title:
Translation Romanian -> English. 330 words, 1 BTC.
gecko_x2: such are
the wonders of bitcoinland
gecko_x2: crispy green dollar bills growing on
trees
Hollywood: I am not sure,
tranche 1 sold err did something on bitfunder, and now
there is a listing locked on btct.co
Hollywood: So, btct.co rejected listing Icedril so far? Am I reading
that correctly 1/4?
Namworld: Any canadian in here in need of a large supply of BTC
to purchase? Not having much luck with OTC.
ozbot: Electrical signatures of consciousness in
the dying brain | University of Michigan Health System
jurov: don't shot
the balloons
mircea_popescu: so basically...
the btc garden refund flew into s.mpoe ?
jurov: in fact
they started at 0.0049 but sold poorly... so i chickened out
mircea_popescu: but roughly speaking 14/9 is
the proportion, so like 50%
mircea_popescu: to get
TWO changes crammed in 9 days means
the blocks need
to fly.
jurov: you need
to shorten
the
time from 14
to 8 days .. so 75% jump
thestringpuller: jurov:
ThickAsThieves bought a bunch of -E diffs at ~.0045
ThickAsThieves: befor ethe 22nd? because it would
take like a 40% diff change or something
hhrlot: why wouldn't
there be a change?
mircea_popescu: if
there is another change before 22nd
tho... it will be pretty massive.