Quote from: Eric Muyser on July 03, 2013, 02:55:26 PM

Quote from: Vycid on July 03, 2013, 02:38:06 PM

This is a bubble.

...

Cost of manufacturing heavily outweighs cost of electricity, especially as they move to nextgen. They have proven they can do this very successfully anyway. So Bitfury came up with a working chip. So what? Avalon and BFL have working chips. Where are they? Not shipping at a rate high enough to compete, as you've said, AM has a monopoly, but it's for a reason.

You have a substancial amount of puts, and you have 3 months to convince people it's a bubble and try and pop it to reep the benefits of your efforts.

Saying it's just us who say it's not a bubble, that is right on par with value (OUR OPINION OF ACCEPTABLE RISK) with ulterior motives is bullshit serving your own motives.

That's absolutely true, and you should weight what I say accordingly.

But based on both technical indicators and fundamental valuation, this is (to me) unmistakably a bubble. When a bad dividend week comes in, we'll see who is right.