Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
JaredR26
on 02/05/2013, 16:35:06 UTC
dont even mention that shit in connection to asicminer!! firedcat and his team are the most reputable and trustworthy people in bitcoin land. you probably have no idea whats going on here. asicminer has already paid back EVERYTHING from ipo and is just delivering massive profit after massive profit for their shareholders. share value in USD has appreciated by a factor greater than 100 since ipo. bitfountain is not selling any additional shares to the public. tell me, how the fuck can this be a scam?

LOL.  I used those same arguments when defending pirate.  He was highly trusted on -otc, was delivering on time every 3 days (and then every week), etc
 

I'm not saying we shouldn't trust friedcat, AM or Bitfountain. They may be perfectly honest, but the business behind it is too murky to effectively evaluate the company.

.b

Then don't.  The door is that way.

Friedcat has been 100% honest, and every thing he has said has worked so far- Blades sold and shipped immediately, hashing power visible and going up, etc.

You are demanding more transparency at the same time everyone else demands that he move faster and deploy the 50 TH/s tomorrow.  Stop acting like a bunch of whiny children.  There is a direct inverse correlation between the size of Friedcat's updates and the work that AM does for that week.  For the last 6 weeks he gave lots of updates, and mostly not much was happening.  Now everything is happening at once, and everyone who isn't whining here like you wants Friedcat to focus on deployment & manufacturing first, then communications and corporate structure.