Quote from: furuknap on May 02, 2013, 04:11:17 PM

Quote from: Mausini on May 02, 2013, 03:49:02 PM

Who you trust and why is your decision to make. I was just pointing out that comparing friedcat to pirate is an absolute non-rational stupidity. You may want to have a look on wikipedia what a ponzi scheme is. it requires new investors to pay the old ones. how could friedcat do that, if everything he got from investors is already paid back in double and he never sold a share since ipo??? get your logic straight and dont spread flawed speculation from your gut feeling, because you trusted someone else and got screwed. Seriously, I dont mean to offend you, but that's just wrong.

Please don't take this the wrong way, but we have no insight into how the company is run so there's no way to know whether this is exactly what happens. I trust friedcat until he proves I can't, I understand the strains of running a startup (I've done it multiple times myself), and I know it's difficult to cater to every whim an investor craves.

Nobody is claming friedcat, AM, or BF is in any way deceptive. Out story so far indicates the exact opposite; friedcat has been very forthcoming with information on a short-term basis. That's great, we're kept in the loop on day-to-day operations and that certainly has value.

AM has the makings of something really, really big. They are first movers, they have proven reliability in delivery, and they hash faster than anyone. This could very well be the next Apple, valued at hundreds of billions in five years.

However, it can also be the next complete and utter failure, not from any malice but from not anticipating some factor that we can't predict now.

My point is that AM can prove to the world that BTC investments are real, that they are valuable, and that we can play the game of big money. That game, however, is played with some predictability and with some plans longer than "I'll pay tomorrow once I get some sleep". That sleep is probably more deserved than anyone's has ever been, but for investors to even consider putting any real money into this game (and I'm not talking speculating in BTC/USD in general, I'm talking BTC investing) then we need to have a poster child for how an asset is run.

.b

Sounds like you'd prefer to have less direct access to info from the CEO. Then when AM starts operating more like an American corporation, you'll say "You used to tell us whenever you took a nap! WTF!"