Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
EskimoBob
on 27/02/2013, 09:33:25 UTC
You have to dig for it but a while back friedcat said the platform would be available for the first dividend payment.

That is indeed what Friedcat has said before..... Trading platform would be up and running before the 1st dividend payment....
He also has stated on multiple occasions that it would be a 3rd party solution closely affiliated to them....so it would seem that development of the platform would in no way hinder the deployment as it is done by someone else....

He didn't mention it in his last post, so I doubt it is going to be present.

friedcat, do we know when the share trading platform will come online? (Of course getting up boards is the priority.) Does anyone know the fair market price? I saw some trade at .38 recently. Thanks!

They've traded @ up to .52 recently.

https://bitcointalk.org/index.php?topic=144676.20
Because the exchange isn't up and there are no pasthroughs, I think the value of ASICMINER shares will drop once there are convenient trading methods & more liquidity.
Actually those create demand. Also, with no easy way and micro transactions its a sellers market. So both those things suggest the opposite. Also, the current valuation seems to be around the assumption of 1/8th of the network, but there is the very real possibility of 1/4th soon enough. It also assumes stable price and as we all know, this is a longer term investment in a deflatory currency.

Seriously, there is not many factors that count towards price drop and so many towards increase. Of course its all speculation, but saying its overvalued is far from an educated guess.


And to everyone directly asking friedcat when the platform will be released, he states that very thing in his very last post. The 28th.

That was using the original, probably-optimistic timetable.

I wish we could be sure we'd have close to 1/4 of the network for an extended period of time.  But it isn't good to evaluate a company based on rosy-colored numbers like that.  1/10th is what they set out to target; 1/10th is a more reasonable conservative estimate.  The competition is not going to wait forever to bite into the ASIC profits.

Pff... this is a total waste of team's time and investors money.

Maybe this is answered in previous 100 pages of posts... Why can't they use https://btct.co/ ?
It has all the functionality they need, they will have the complete list of virtual shareholders etc. etc. 
If you are a ASIC chip engineer and mining rig builder, stick to your competence Smiley