Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
furuknap
on 17/05/2013, 02:28:15 UTC
funny how different people can think about dividends I see asicminer and BTC as a 3 year deal. when the halfing comes I expect  btc to die. I don't foresee a 10 or 20 year plan.  I call it a golden goose. I think the goose will be dead in 3 to 5 years. This is due to the 50 percent now 25 percent of the coins means only 25 percent left in 2016.

  lets say AM stays in the 20 to 25% share of the total hash. so 2016 25% of the coins left then 2018 12.5%.  I can not see mining being the push to this market.  I also can't see normal big business allowing btc to grow to 1000usd a coin.  I think of this as a dwindling resource that I am getting a small piece of it. Cutting dividends would be like hoarding the golden eggs of our goose.  I am happy that the 'cat' is doing what he is doing.  I intend to enjoy yhe ride for 2 to 4 years.

That attitude is perfectly aligned with the halving in 2016, but sadly, it means that people that buy in now will not recouperate their investments unless AM has a significantly higher share of the network than they expect.

.b